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            <State>AR</State>
            <ZIPCode>71654</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Leon Smith</PersonName>
          <USAddress>
            <AddressLine1>PO Box 44</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
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          <USAddress>
            <AddressLine1>204 Paci Lane</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>David Holt</PersonName>
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            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
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          <Title>Secretary</Title>
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          <PersonName>Melanie Proffitt</PersonName>
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            <AddressLine1>207 West Speedway</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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          <PersonName>Jimmy G Parkerson</PersonName>
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            <AddressLine1>1014 W Daniels</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
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          <Title>President</Title>
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        <Description2>Related administrative expenses.</Description2>
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      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>David Holt</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 3</AddressLine1>
            <City>DERMOTT</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
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          <RecipientPhoneNumber>8705385221</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>An application giving detailed information shall be made in triplicate, the original and one copy of which shall be given to the Chairman of the Committee on Awards and the other retained by the applicant. All questions on the application shall be answered in full. No application for a loan scholarship will be received by the foundation directly from a student.Three references will be required. If possible, one reference should be from a local business man.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>Deadline for submitting applications is April 30, each year</SubmissionDeadlines>
          <RestrictionsOnAwards>Loan scholarships shall be awarded only to deserving students of integrity, intelligence, character,competency and aptitude who have been graduated from a high school and are pursuing or will pursue higher education in an accredited college, technical institure or university. Scholarship of the highest rank will not be a definite requirement for a loan scholarship award: however, the foundation desires to encourage students who will become leaders in the community and business life and does not wish loan scholarships made to mediocre or inferior students. Preference will be given to graduates of the Dermott High School or its successor(s) institution.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
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          <RecipientPersonName>Deal Mason</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>105 Belle Aire Ct</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
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          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Sampolesi Savannah R</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 104</AddressLine1>
            <City>Lake Villge</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Pesaresi Nathan</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>4401 Hwy 35 E</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Owens James L</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>809 Rock Springs Road</AddressLine1>
            <City>Wilmar</City>
            <State>AR</State>
            <ZIPCode>71675</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Myers Matthew</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 767</AddressLine1>
            <City>McGehee</City>
            <State>AR</State>
            <ZIPCode>71654</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Moss Heather</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>231 Gibson Circle</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Moss Hailey</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>231 Gibson Circle</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Morrison Courtney</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1572 South Trotter</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Morrison Alex</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>125 North Cominto Road</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Jamison Lacey</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>509 North Second</AddressLine1>
            <City>McGehee</City>
            <State>AR</State>
            <ZIPCode>71654</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Greenway Nina</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2490 Hwy 165</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Gladden Amanda</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1339 South Trotter Street</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Faulk Brandan Sean</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5204 Hwy 82 East</AddressLine1>
            <City>Lake Village</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Deen Robert L II</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>245 Bradley 98 Road</AddressLine1>
            <City>Warren</City>
            <State>AR</State>
            <ZIPCode>71671</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Crossett Zachary C</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>858 North Slemons Street</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Brewer Lauren</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1012 North Chester</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Barnette Andrea</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>131 Barlow Lane</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>75000</TotGrantOrContriPaidDuringYear>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Weeks Kimberly Cingolani</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>277 Hwy 159 South</AddressLine1>
            <City>Lake Village</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Deal Adam</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>105 Belle Aire Ct</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>3750</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Pesaresi Nathan</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>4401 Hwy 35 E</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Deal Mason</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>105 Belle Aire Ct</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Sampolese Savannah R</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 104</AddressLine1>
            <City>Lake Village</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Owens James L</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>809 Rock Springs Road</AddressLine1>
            <City>Wilmar</City>
            <State>AR</State>
            <ZIPCode>71675</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Morrison Alex</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>125 North Cominto Road</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Ma Chloe J</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5204 Hwy 82 East</AddressLine1>
            <City>Lake Village</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Gladden Amanda</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1339 South Trotter Street</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Faulk Brendan Sean</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5204 Hwy 82 East</AddressLine1>
            <City>Lake Village</City>
            <State>AR</State>
            <ZIPCode>71653</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Dunn Jeffery F III</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 348</AddressLine1>
            <City>Dermott</City>
            <State>AR</State>
            <ZIPCode>71638</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>17500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Deen Robert L II</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>245 Bradley 98 Road</AddressLine1>
            <City>Warren</City>
            <State>AR</State>
            <ZIPCode>71671</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientPersonName>Crossett Zachary C</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>858 North Slemons Street</AddressLine1>
            <City>Monticello</City>
            <State>AR</State>
            <ZIPCode>71655</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>N/A</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Student Loans</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <TotGrantOrContriApprovedFuture>141250</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <RelatedOrExemptFunctionIncome>79</RelatedOrExemptFunctionIncome>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>10033</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>83469</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>Loans Repaid</Description>
          <RelatedOrExemptFunctionIncome>46794</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>Interest Earned on Loans</Description>
          <RelatedOrExemptFunctionIncome>5147</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <RelatedOrExemptFunctionIncome>145522</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>145522</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>11b</LineNumber>
          <RelationshipStatement>To allow students in this area to continue their education.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>11a</LineNumber>
          <RelationshipStatement>To allow students in this area to continue their education</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>4</LineNumber>
          <RelationshipStatement>To allow students in this area to continue their education.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>3</LineNumber>
          <RelationshipStatement>To allow students in this area to continue their education</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
      </RlnOfActyToAccomOfExemptPrps>
      <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>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <AccountingFees>
        <Amount>9020</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>9020</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherExpenses>
        <Description>Office Exp</Description>
        <RevenueAndExpensesPerBooks>118</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>118</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Incentive Awards</Description>
        <RevenueAndExpensesPerBooks>26501</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>26501</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Bad Debts</Description>
        <RevenueAndExpensesPerBooks>65378</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>65378</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherIncome>
        <Description>Loans Repaid</Description>
        <RevenueAndExpensesPerBooks>46794</RevenueAndExpensesPerBooks>
      </OtherIncome>
      <OtherIncome>
        <Description>Interest Earned on Loans</Description>
        <RevenueAndExpensesPerBooks>5147</RevenueAndExpensesPerBooks>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherIncreases>
        <Description>Excess of Loan Disbursements over Collections</Description>
        <Amount>28206</Amount>
      </OtherIncreases>
      <OtherIncreases>
        <Description>Difference in Book and Tax Basis of Stock</Description>
        <Amount>8697</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <OtherLiabilities>
        <Description>Accrued Income taxes</Description>
        <BOYBookValue>36</BOYBookValue>
        <EOYBookValue>376</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="12000229" softwareVersion="2012v2.0">
      <Taxes>
        <Amount>936</Amount>
        <DisbursementsCharitablePrps>936</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>