﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-09-23T16:07:23-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>RASCO &amp; RASCO PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>112 SW THOMAS ST STE 100</AddressLine1>
        <City>BURLESON</City>
        <State>TX</State>
        <ZIPCode>76028</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>752739558</EIN>
      <Name>
        <BusinessNameLine1>BAKER FOUNDATION OF BURLESON INC</BusinessNameLine1>
      </Name>
      <NameControl>BAKE</NameControl>
      <Phone>8172952202</Phone>
      <USAddress>
        <AddressLine1>112 SW THOMAS ST</AddressLine1>
        <City>BURLESON</City>
        <State>TX</State>
        <ZIPCode>76028</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>HAROLD BOOTH</Name>
      <Title>VP</Title>
      <Phone>8172952202</Phone>
      <DateSigned>2013-09-23</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>NANCY BURT</Name>
      <Phone>8172952202</Phone>
      <DatePrepared>2013-09-23</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="10">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>2564438</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>1140</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>1140</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>13989</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>13989</DividendsNetInvstIncm>
        <GrossRentsRevAndExpnss>66726</GrossRentsRevAndExpnss>
        <NetRentalIncomeOrLoss>-21428</NetRentalIncomeOrLoss>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="00000009" referenceDocumentName="OtherIncomeSchedule2">2598</OtherIncomeRevAndExpnss>
        <TotalRevenueAndExpenses>84453</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>15129</TotalNetInvestmentIncome>
        <LegalFeesRevAndExpnss referenceDocumentId="00000006" referenceDocumentName="LegalFeesSchedule">300</LegalFeesRevAndExpnss>
        <LegalFeesDsbrsChrtblPrps>300</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="AccountingFeesSchedule">11033</AccountingFeesRevAndExpnss>
        <AccountingFeesDsbrsChrtblPrps>11033</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="00000011" referenceDocumentName="TaxesSchedule">14958</TaxesRevAndExpnss>
        <TaxesDsbrsChrtblPrps>14958</TaxesDsbrsChrtblPrps>
        <DeprecAndDepletionRevAndExpnss referenceDocumentId="00000005" referenceDocumentName="DepreciationSchedule">15721</DeprecAndDepletionRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">57678</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>57678</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>99690</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>83969</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>45900</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>45900</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>145590</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>129869</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-61137</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>15129</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>1770432</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>1716575</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>1716575</SavingsAndTempCashInvstEOYFMV>
        <PrepaidExpensesBOY>1811</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>1606</PrepaidExpensesEOY>
        <PrepaidExpensesEOYFMV>1606</PrepaidExpensesEOYFMV>
        <LandBuildingAndEquipmentBasis>917590</LandBuildingAndEquipmentBasis>
        <AccumDeprecLandBldgAndEquip>71333</AccumDeprecLandBldgAndEquip>
        <LandBuildingAndEquipmentBOY>862332</LandBuildingAndEquipmentBOY>
        <LandBuildingAndEquipmentEOY>846257</LandBuildingAndEquipmentEOY>
        <LandBuildingAndEquipmentEOYFMV>846257</LandBuildingAndEquipmentEOYFMV>
        <TotalAssetsBOY>2634575</TotalAssetsBOY>
        <TotalAssetsEOY>2564438</TotalAssetsEOY>
        <TotalAssetsEOYFMV>2564438</TotalAssetsEOYFMV>
        <AccountsPayableBOY>950</AccountsPayableBOY>
        <AccountsPayableEOY>10950</AccountsPayableEOY>
        <TotalLiabilitiesBOY>950</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>10950</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>2633625</RetainedEarningsBOY>
        <RetainedEarningsEOY>2553488</RetainedEarningsEOY>
        <TotalNetAssetsBOY>2633625</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>2553488</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>2634575</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>2564438</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>2633625</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-61137</ExcessOfRevenueOverExpenses>
        <Subtotal>2572488</Subtotal>
        <OtherDecreases referenceDocumentId="00000007" referenceDocumentName="OtherDecreasesSchedule">19000</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>2553488</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>111628</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>2396282</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.046584</DistributionRatioYear1>
        <QualifyingDistributionsYear2>105969</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>2246293</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.047175</DistributionRatioYear2>
        <QualifyingDistributionsYear3>113523</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>2229899</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.050909</DistributionRatioYear3>
        <QualifyingDistributionsYear4>101713</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>2025478</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.050217</DistributionRatioYear4>
        <QualifyingDistributionsYear5>25162</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>364591</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.069014</DistributionRatioYear5>
        <TotalDistributionRatio>0.263899</TotalDistributionRatio>
        <AverageDistributionRatio>0.052780</AverageDistributionRatio>
        <NetNoncharitableAssets>2408426</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>127117</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>151</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>127268</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>129869</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>151</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>151</Subtotal>
        <TaxBasedOnInvestmentIncome>151</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1606</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1606</TotalCreditsAndPayments>
        <OriginalReturnOverpayment>-1606</OriginalReturnOverpayment>
        <Overpayment>1455</Overpayment>
        <AmountCreditedToNextYear>1455</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>false</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>TX</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>RASCO &amp; RASCO PC</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>8172952202</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>112 SW THOMAS STE 100</AddressLine1>
          <City>BURLESON</City>
          <State>TX</State>
          <ZIPCode>76028</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>HAROLD RAY BOOTH</PersonName>
          <USAddress>
            <AddressLine1>12645 STEPHENSON LEVY RD</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>VP/SEC/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>6417</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JEFFREY SCOTT RASCO</PersonName>
          <USAddress>
            <AddressLine1>112 SW THOMAS STE 100</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>PRES/TREAS/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>F STEVEN MCCLURE LAW ATTY</PersonName>
          <USAddress>
            <AddressLine1>112 SW THOMAS</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>300</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DOROTHY CARROLL</PersonName>
          <USAddress>
            <AddressLine1>112 SW THOMAS</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>MEALS ON WHEELS</Description1>
        <Expenses1>10000</Expenses1>
        <Description2>ATHENA SOCIETY OF BURLESON</Description2>
        <Expenses2>7500</Expenses2>
        <Description3>BURLESON OPPORTUNITY FUND</Description3>
        <Expenses3>7500</Expenses3>
        <Description4>CASA OF JOHNSON COUNTY</Description4>
        <Expenses4>7500</Expenses4>
      </SummaryOfDirectCharitableActy>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>0</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>1743503</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>701600</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>2445103</TotalFMVOfUnusedAssets>
        <ReductionClaimed referenceDocumentId="00000010" referenceDocumentName="ReductionExplanationStatement">175400</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>2445103</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable referenceDocumentId="00000004" referenceDocumentName="CashDeemedCharitableExplanationStatement">36677</CashDeemedCharitable>
        <NetNoncharitableAssets>2408426</NetNoncharitableAssets>
        <MinimumInvestmentReturn>120421</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>120421</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>151</TaxBasedOnInvestmentIncome>
        <TotalTax>151</TotalTax>
        <DistributableAmountBeforeAdj>120270</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>120270</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>120270</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>129869</ExpensesAndContributions>
        <QualifyingDistributions>129869</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>151</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>129718</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>120270</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear1>1478</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>1478</TotalExcessDistriCarryover>
        <QualifyingDistributions>129869</QualifyingDistributions>
        <AppliedToCurrentYear>118792</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>11077</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>1478</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>1478</ExcessDistriCyovAppliedCY>
        <TotalCorpus>11077</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>11077</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>11077</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>BAKER FOUNDATION OF BURLESON INC</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>112 SW THOMAS STE 100</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>8172952202</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>GENERAL CONTACT INFORMATION, DESCRIPTION OF NEED &amp; BENEFIT TO COMMUNITY</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NOVEMBER 15, 2012</SubmissionDeadlines>
          <RestrictionsOnAwards>LIMITED TO BURLESON TX &amp; SURROUNDING AREAS &amp; THE BENEFIT THEREOF</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BURLESON HERITAGE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>124 W ELLISON</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>OF BURLESONPRESERVATIONHERITAGE</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BURLESON SENIOR CITIZENS CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>216 SW JOHNSON</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>WELFARE OFPROMOTEBURLESON SENIORS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ATHENA SOCIETY OF BURLESON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 3123</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76097</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FOR CANCER PATIENTSCONTRIBUTIONCOOKS CHILDRENS HOSPITAL</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BURLESON OPPORTUNITY FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>141 W RENFRO</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FOR LOCAL HIGHSCHOLARSHIPSSCHOOL GRADUATES</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CASA OF JOHNSON COUNTY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>210 FEATHERSTON</AddressLine1>
            <City>CLEBURNE</City>
            <State>TX</State>
            <ZIPCode>76033</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>WELFARE OFPROMOTEABUSED FAMILIES</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BURLESON EX-STUDENTS ASSN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>POB 1252</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76097</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FOR LOCAL HIGHSCHOLARSHIPSSCHOOL GRADUATES</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MEALS ON WHEELS JOHNSON COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>106 E KILPATRICK</AddressLine1>
            <City>CLEBURNE</City>
            <State>TX</State>
            <ZIPCode>76031</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>OF ELDERLYPROMOTE WELFAREPROVIDING MEALS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOLY CROSS CHRISTIAN ACADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1233 TARVER ROAD</AddressLine1>
            <City>BURLESON</City>
            <State>TX</State>
            <ZIPCode>76028</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>WELFARE OFPROMOTEBURLESON RESIDENTS</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BRAZOS CHAMBER ORCHESTRA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>104 SONGBIRD TRAIL</AddressLine1>
            <City>KEENE</City>
            <State>TX</State>
            <ZIPCode>76059</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>WELFARE OFPROMOTEBURLESON RESIDENTS</PurposeOfGrantOrContribution>
          <Amount>4400</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST PAULS CME CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>507 ROYAL STREET</AddressLine1>
            <City>CLEBURNE</City>
            <State>TX</State>
            <ZIPCode>76031</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>LOCALORG</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>IN HONOR OFCONTRIBUTIONELIZABETH BAYLOR</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>45900</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>1140</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>13989</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCode>16</ExclusionCode>
          <ExclusionAmount>66726</ExclusionAmount>
        </NetRntlIncmReNotDebtFincdProp>
        <OtherRevenueDescribed>
          <Description>GAS ROYALTIES-NET</Description>
          <ExclusionCode>16</ExclusionCode>
          <ExclusionAmount>2598</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>84453</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>84453</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <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="00000003">
      <AccountingFees>
        <Category>R&amp;R PC ACCOUNTING &amp; TAX</Category>
        <Amount>11033</Amount>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CashDeemedCharitableExplnStmt documentId="00000004">
      <Explanation>REASONABLE CASH BALANCE NECESSARY TO COVER CURRENT ADMIN</Explanation>
    </CashDeemedCharitableExplnStmt>
    <DepreciationSchedule documentId="00000005">
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON</DescriptionOfProperty>
        <DateAcquired>2007-12-15</DateAcquired>
        <CostOrOtherBasis>75070</CostOrOtherBasis>
        <PriorYearsDepreciation>2296</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>569</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>109 E ELLISON</DescriptionOfProperty>
        <DateAcquired>2007-12-15</DateAcquired>
        <CostOrOtherBasis>236324</CostOrOtherBasis>
        <PriorYearsDepreciation>21809</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>5396</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>122 W ELLISON</DescriptionOfProperty>
        <DateAcquired>2007-12-15</DateAcquired>
        <CostOrOtherBasis>151494</CostOrOtherBasis>
        <PriorYearsDepreciation>13301</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>3291</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>114 S MAIN</DescriptionOfProperty>
        <DateAcquired>2007-12-15</DateAcquired>
        <CostOrOtherBasis>80587</CostOrOtherBasis>
        <PriorYearsDepreciation>6540</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>1618</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON FLOORING</DescriptionOfProperty>
        <DateAcquired>2008-07-23</DateAcquired>
        <CostOrOtherBasis>25501</CostOrOtherBasis>
        <PriorYearsDepreciation>5950</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>15.00</Life>
        <CurrentYearExpense>1700</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON IMPRVMT</DescriptionOfProperty>
        <DateAcquired>2008-07-23</DateAcquired>
        <CostOrOtherBasis>25501</CostOrOtherBasis>
        <PriorYearsDepreciation>2262</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.00</Life>
        <CurrentYearExpense>654</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>114 S MAIN AC HEAT SYSTEM</DescriptionOfProperty>
        <DateAcquired>2009-12-15</DateAcquired>
        <CostOrOtherBasis>8000</CostOrOtherBasis>
        <PriorYearsDepreciation>2429</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>7.00</Life>
        <CurrentYearExpense>1143</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>122 W ELLISON AWNINGS</DescriptionOfProperty>
        <DateAcquired>2010-11-22</DateAcquired>
        <CostOrOtherBasis>5977</CostOrOtherBasis>
        <PriorYearsDepreciation>961</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>7.00</Life>
        <CurrentYearExpense>854</CurrentYearExpense>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>100 S DOBSON AC</DescriptionOfProperty>
        <DateAcquired>2011-10-17</DateAcquired>
        <CostOrOtherBasis>1800</CostOrOtherBasis>
        <PriorYearsDepreciation>64</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.00</Life>
        <CurrentYearExpense>496</CurrentYearExpense>
      </Depreciation>
    </DepreciationSchedule>
    <LegalFeesSchedule documentId="00000006">
      <LegalFees>
        <Category>F Steven McClure Legal</Category>
        <Amount>300</Amount>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="00000007">
      <OtherDecreases>
        <Description>Grants &amp; Contributions reported in 2011</Description>
        <Amount>19000</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000008">
      <OtherExpenses>
        <Description>RENTAL PROPERTY INSURANCE</Description>
        <RevenueAndExpensesPerBooks>10443</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>10443</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY MANAGEMENT</Description>
        <RevenueAndExpensesPerBooks>14407</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>14407</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY REPAIR &amp; MAINTENANCE</Description>
        <RevenueAndExpensesPerBooks>25220</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>25220</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>RENTAL PROPERTY UTILITIES</Description>
        <RevenueAndExpensesPerBooks>7457</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>7457</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Rental Property Fees</Description>
        <RevenueAndExpensesPerBooks>40</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>40</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Rental Property Bank Charges</Description>
        <RevenueAndExpensesPerBooks>21</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>21</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Advertising</Description>
        <RevenueAndExpensesPerBooks>90</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>90</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000009">
      <OtherIncome>
        <Description>GAS ROYALTIES-NET</Description>
        <RevenueAndExpensesPerBooks>2598</RevenueAndExpensesPerBooks>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <ReductionExplanationStatement documentId="00000010">
      <Explanation>REAL ESTATE VALUE IN DECLINE</Explanation>
    </ReductionExplanationStatement>
    <TaxesSchedule documentId="00000011">
      <Taxes>
        <Category>RENTAL PROPERTY TAX</Category>
        <Amount>14546</Amount>
        <DisbursementsCharitablePrps>14546</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>EXCISE TAX</Category>
        <Amount>205</Amount>
        <DisbursementsCharitablePrps>205</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Property Tax Gas Wells</Category>
        <Amount>207</Amount>
        <DisbursementsCharitablePrps>207</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>