<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2023-11-15T15:11:45-05:00</ReturnTs>
    <TaxPeriodEndDt>2022-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>274428722</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>WOLFF &amp; COMPANY</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>6465 SOUTH 3000 EAST SUITE 204</AddressLine1Txt>
        <CityNm>SALT LAKE CITY</CityNm>
        <StateAbbreviationCd>UT</StateAbbreviationCd>
        <ZIPCd>84121</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>352191048</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE PI FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>PIFO</BusinessNameControlTxt>
      <PhoneNum>8015307400</PhoneNum>
      <USAddress>
        <AddressLine1Txt>405 SOUTH MAIN SUITE 800</AddressLine1Txt>
        <CityNm>SALT LAKE CITY</CityNm>
        <StateAbbreviationCd>UT</StateAbbreviationCd>
        <ZIPCd>84111</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>GREGORY C ZAUGG</PersonNm>
      <PersonTitleTxt>VP/TREASURER</PersonTitleTxt>
      <PhoneNum>8015307308</PhoneNum>
      <SignatureDt>2023-11-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>GREGORY</PersonFirstNm>
        <PersonLastNm>ZAUGG</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>TONY D WOLFF CPA</PreparerPersonNm>
      <PTIN>P00007457</PTIN>
      <PhoneNum>8016959533</PhoneNum>
      <PreparationDt>2023-11-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990 documentId="RetDoc2" referenceDocumentId="RetDoc7">
      <DoingBusinessAsName>
        <BusinessNameLine1Txt>THE PI FUND</BusinessNameLine1Txt>
      </DoingBusinessAsName>
      <PrincipalOfficerNm>GREGORY C ZAUGG</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>405 SOUTH MAIN SUITE 800</AddressLine1Txt>
        <AddressLine2Txt>KEN GARFF BUILDING</AddressLine2Txt>
        <CityNm>SALT LAKE CITY</CityNm>
        <StateAbbreviationCd>UT</StateAbbreviationCd>
        <ZIPCd>84111</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>19527155</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>false</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>WWW.THEPIFUND.ORG</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>2002</FormationYr>
      <LegalDomicileStateCd>UT</LegalDomicileStateCd>
      <ActivityOrMissionDesc>THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>3</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>3</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>0</TotalEmployeeCnt>
      <TotalGrossUBIAmt>-44669</TotalGrossUBIAmt>
      <PYContributionsGrantsAmt>9056925</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>13394416</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>181901</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>241719</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>3627295</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>1197318</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>79798</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>74190</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>12945919</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>14907643</CYTotalRevenueAmt>
      <PYGrantsAndSimilarPaidAmt>5537154</PYGrantsAndSimilarPaidAmt>
      <CYGrantsAndSimilarPaidAmt>19716554</CYGrantsAndSimilarPaidAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <CYSalariesCompEmpBnftPaidAmt>0</CYSalariesCompEmpBnftPaidAmt>
      <CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>0</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>310857</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>303865</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>5848011</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>20020419</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>7097908</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>-5112776</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>42544136</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>33515519</TotalAssetsEOYAmt>
      <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>42544136</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>33515519</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <MissionDesc>THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.</MissionDesc>
      <SignificantNewProgramSrvcInd>false</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>false</SignificantChangeInd>
      <ExpenseAmt>19899346</ExpenseAmt>
      <GrantAmt>19716554</GrantAmt>
      <RevenueAmt>241719</RevenueAmt>
      <Desc>DONATIONS IN THE SUPPORT OF 501(C)(3) ORGANIZATIONS</Desc>
      <TotalProgramServiceExpensesAmt>19899346</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc8">true</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1">true</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc3">true</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc3">false</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc3">false</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc3">false</CreditCounselingInd>
      <DonorRstrOrQuasiEndowmentsInd referenceDocumentId="RetDoc3">false</DonorRstrOrQuasiEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc3">true</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc3">true</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc3">false</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc3">false</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc3">false</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc3">false</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc3">false</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc3">false</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <ForeignActivitiesInd>false</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>false</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>false</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd>false</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd>false</FundraisingActivitiesInd>
      <GamingActivitiesInd>false</GamingActivitiesInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <GrantsToOrganizationsInd referenceDocumentId="RetDoc4">true</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd referenceDocumentId="RetDoc4">false</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>false</ScheduleJRequiredInd>
      <TaxExemptBondsInd>false</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd referenceDocumentId="RetDoc5">false</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd referenceDocumentId="RetDoc5">false</PYExcessBenefitTransInd>
      <LoanOutstandingInd referenceDocumentId="RetDoc5">true</LoanOutstandingInd>
      <GrantToRelatedPersonInd referenceDocumentId="RetDoc5">false</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd referenceDocumentId="RetDoc5">false</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd referenceDocumentId="RetDoc5">false</BusinessRlnWithFamMemInd>
      <BusinessRlnWith35CtrlEntInd referenceDocumentId="RetDoc5">false</BusinessRlnWith35CtrlEntInd>
      <DeductibleNonCashContriInd referenceDocumentId="RetDoc6">true</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd referenceDocumentId="RetDoc6">false</DeductibleArtContributionInd>
      <TerminateOperationsInd>false</TerminateOperationsInd>
      <PartialLiquidationInd>false</PartialLiquidationInd>
      <DisregardedEntityInd>false</DisregardedEntityInd>
      <RelatedEntityInd>false</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>false</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>true</ScheduleORequiredInd>
      <IRPDocumentCnt>2</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>0</EmployeeCnt>
      <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>false</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>false</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>false</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>false</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
      <IndoorTanningServicesInd>false</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>false</SubjectToExcsTaxNetInvstIncInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <GoverningBodyVotingMembersCnt>3</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>3</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>true</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>false</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>false</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>false</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>false</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>false</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>false</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>true</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>true</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>false</OfficerMailingAddressInd>
      <LocalChaptersInd>false</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>true</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>true</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>true</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>true</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>false</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>true</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>false</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>false</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>false</InvestmentInJointVentureInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <BusinessName>
          <BusinessNameLine1Txt>WOLFF &amp; COMPANY</BusinessNameLine1Txt>
        </BusinessName>
        <PhoneNum>8016959533</PhoneNum>
        <USAddress>
          <AddressLine1Txt>6465 SOUTH 3000 EAST SUITE 204</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84121</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <NoListedPersonsCompensatedInd>X</NoListedPersonsCompensatedInd>
      <Form990PartVIISectionAGrp>
        <PersonNm>L S MCCULLOUGH II</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>L STANFORD MCCULLOUGH IV</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>GREGORY C ZAUGG</PersonNm>
        <TitleTxt>VP/TREASURER</TitleTxt>
        <AverageHoursPerWeekRt>8.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>TERESA M ROBISON</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHoursPerWeekRt>10.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>false</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <AllOtherContributionsAmt>13394416</AllOtherContributionsAmt>
      <NoncashContributionsAmt>12091933</NoncashContributionsAmt>
      <TotalContributionsAmt>13394416</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>FEE INCOME</Desc>
        <TotalRevenueColumnAmt>241719</TotalRevenueColumnAmt>
        <ExclusionAmt>241719</ExclusionAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>241719</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>843029</TotalRevenueColumnAmt>
        <ExclusionAmt>843029</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>4942082</SecuritiesAmt>
        <OtherAmt>31719</OtherAmt>
      </GrossAmountSalesAssetsGrp>
      <LessCostOthBasisSalesExpnssGrp>
        <SecuritiesAmt>4619512</SecuritiesAmt>
      </LessCostOthBasisSalesExpnssGrp>
      <GainOrLossGrp>
        <SecuritiesAmt>322570</SecuritiesAmt>
        <OtherAmt>31719</OtherAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>354289</TotalRevenueColumnAmt>
        <ExclusionAmt>354289</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <OtherRevenueMiscGrp>
        <Desc>RENTAL INCOME THRU K-1S</Desc>
        <TotalRevenueColumnAmt>146969</TotalRevenueColumnAmt>
        <ExclusionAmt>146969</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>CIMARRON HEALTHCARE</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>-2615</TotalRevenueColumnAmt>
        <UnrelatedBusinessRevenueAmt>-2615</UnrelatedBusinessRevenueAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>K-1S</Desc>
        <TotalRevenueColumnAmt>-28110</TotalRevenueColumnAmt>
        <ExclusionAmt>-28110</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <MiscellaneousRevenueGrp>
        <TotalRevenueColumnAmt>-42054</TotalRevenueColumnAmt>
        <UnrelatedBusinessRevenueAmt>-42054</UnrelatedBusinessRevenueAmt>
      </MiscellaneousRevenueGrp>
      <OtherRevenueTotalAmt>74190</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>14907643</TotalRevenueColumnAmt>
        <UnrelatedBusinessRevenueAmt>-44669</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>1557896</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticOrgsGrp>
        <TotalAmt>19716554</TotalAmt>
        <ProgramServicesAmt>19716554</ProgramServicesAmt>
      </GrantsToDomesticOrgsGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>102961</TotalAmt>
        <ProgramServicesAmt>13402</ProgramServicesAmt>
        <ManagementAndGeneralAmt>89559</ManagementAndGeneralAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>26047</TotalAmt>
        <ManagementAndGeneralAmt>26047</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>161079</TotalAmt>
        <ProgramServicesAmt>160979</ProgramServicesAmt>
        <ManagementAndGeneralAmt>100</ManagementAndGeneralAmt>
      </FeesForSrvcInvstMgmntFeesGrp>
      <OfficeExpensesGrp>
        <TotalAmt>165</TotalAmt>
        <ManagementAndGeneralAmt>165</ManagementAndGeneralAmt>
      </OfficeExpensesGrp>
      <OtherExpensesGrp>
        <Desc>FOREIGN TAXES PAID</Desc>
        <TotalAmt>8411</TotalAmt>
        <ProgramServicesAmt>8411</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>WEBSITE</Desc>
        <TotalAmt>3700</TotalAmt>
        <ManagementAndGeneralAmt>3700</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>BANK FEES</Desc>
        <TotalAmt>1502</TotalAmt>
        <ManagementAndGeneralAmt>1502</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>20020419</TotalAmt>
        <ProgramServicesAmt>19899346</ProgramServicesAmt>
        <ManagementAndGeneralAmt>121073</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>2168559</BOYAmt>
        <EOYAmt>5320699</EOYAmt>
      </CashNonInterestBearingGrp>
      <RcvblFromDisqualifiedPrsnGrp>
        <BOYAmt>415063</BOYAmt>
        <EOYAmt>356990</EOYAmt>
      </RcvblFromDisqualifiedPrsnGrp>
      <LandBldgEquipCostOrOtherBssAmt>1500000</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipBasisNetGrp>
        <EOYAmt>1500000</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>28801685</BOYAmt>
        <EOYAmt>14448802</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <InvestmentsOtherSecuritiesGrp>
        <BOYAmt>11158829</BOYAmt>
        <EOYAmt>11889028</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <TotalAssetsGrp>
        <BOYAmt>42544136</BOYAmt>
        <EOYAmt>33515519</EOYAmt>
      </TotalAssetsGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>42544136</BOYAmt>
        <EOYAmt>33515519</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>42544136</BOYAmt>
        <EOYAmt>33515519</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>42544136</BOYAmt>
        <EOYAmt>33515519</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>-5112776</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>-3763790</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>-152051</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc8">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>4071818</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>20689040</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>3534714</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>9056925</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>13394416</CurrentTaxYearAmt>
        <TotalAmt>50746913</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>4071818</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>20689040</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>3534714</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>9056925</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>13394416</CurrentTaxYearAmt>
        <TotalAmt>50746913</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>50746913</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>475962</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>665935</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>872077</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>850721</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>990035</CurrentTaxYearAmt>
        <TotalAmt>3854730</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <UnrelatedBusinessNetIncm170Grp>
        <CurrentTaxYearMinus1YearAmt>24020</CurrentTaxYearMinus1YearAmt>
        <TotalAmt>24020</TotalAmt>
      </UnrelatedBusinessNetIncm170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>263773</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>140420</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>162658</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>181901</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>241719</CurrentTaxYearAmt>
        <TotalAmt>990471</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>55616134</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>-118977</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.91240</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.91160</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>PART II, LINE 10</FormAndLineReferenceDesc>
        <ExplanationTxt>RENTAL INCOME THRU K-1S 748,752</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc3">
      <DonorAdvisedFundsHeldCnt>36</DonorAdvisedFundsHeldCnt>
      <FundsAndOtherAccountsHeldCnt>3</FundsAndOtherAccountsHeldCnt>
      <DonorAdvisedFundsContriAmt>13394416</DonorAdvisedFundsContriAmt>
      <DonorAdvisedFundsGrantsAmt>19685054</DonorAdvisedFundsGrantsAmt>
      <FundsAndOtherAccountsGrantsAmt>31500</FundsAndOtherAccountsGrantsAmt>
      <DonorAdvisedFundsVlEOYAmt>32887908</DonorAdvisedFundsVlEOYAmt>
      <FundsAndOtherAccountsVlEOYAmt>482884</FundsAndOtherAccountsVlEOYAmt>
      <DisclosedOrgLegCtrlInd>true</DisclosedOrgLegCtrlInd>
      <DisclosedForCharitablePrpsInd>true</DisclosedForCharitablePrpsInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>1500000</OtherCostOrOtherBasisAmt>
        <BookValueAmt>1500000</BookValueAmt>
      </LandGrp>
      <TotalBookValueLandBuildingsAmt>1500000</TotalBookValueLandBuildingsAmt>
      <CloselyHeldEquityInterestsGrp>
        <BookValueAmt>11889028</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </CloselyHeldEquityInterestsGrp>
      <TotalBookValueSecuritiesAmt>11889028</TotalBookValueSecuritiesAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc4">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>B H ROBERTS FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>2263 E MURRAY HOLLADAY RD</AddressLine1Txt>
          <CityNm>HOLLADAY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84117</ZIPCd>
        </USAddress>
        <RecipientEIN>854089386</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>500000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>BOUNTIFUL COMMUNITY FOOD PANTRY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 38</AddressLine1Txt>
          <CityNm>BOUNTIFUL</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84010</ZIPCd>
        </USAddress>
        <RecipientEIN>841628459</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>CHARITYVISION INTERNATIONAL INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>3210 N CANYON RD STE 107</AddressLine1Txt>
          <CityNm>PROVO</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84604</ZIPCd>
        </USAddress>
        <RecipientEIN>770222786</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>6500</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>CHILDREN'S CANCER FUND OF DALLAS IN</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>4201 SPRING VALLEY SUITE 370</AddressLine1Txt>
          <CityNm>DALLAS</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75244</ZIPCd>
        </USAddress>
        <RecipientEIN>752113401</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HUNTSMAN CANCER FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>500 HUNSTMAN WAY</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84108</ZIPCd>
        </USAddress>
        <RecipientEIN>870541293</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>6000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HUNTSMAN CANCER FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>500 HUNTSMAN WAY</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84108</ZIPCd>
        </USAddress>
        <RecipientEIN>870541293</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>25000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>INTERMOUNTAIN FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>36 S STATE ST</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84111</ZIPCd>
        </USAddress>
        <RecipientEIN>800225150</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>7500</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>KIWANIS FOUNDATION OF TOPSAIL ISLAN</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 4133</AddressLine1Txt>
          <CityNm>SURF CITY</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>28445</ZIPCd>
        </USAddress>
        <RecipientEIN>562271752</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>37421</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>LDS CHURCH</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>50 E NORTH TEMPLE</AddressLine1Txt>
          <AddressLine2Txt>15TH FLOOR ROOM 1521</AddressLine2Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84150</ZIPCd>
        </USAddress>
        <RecipientEIN>237300405</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>4498647</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>MORE GOOD FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1569 N TECHNOLOGY WAY BLD A NO 1100</AddressLine1Txt>
          <CityNm>OREM</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84097</ZIPCd>
        </USAddress>
        <RecipientEIN>203385036</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>50000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>NPT CHARITABLE ASSET TRUST</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>165 TOWNSHIP LINE RD 1200</AddressLine1Txt>
          <CityNm>JENKINTOWN</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19046</ZIPCd>
        </USAddress>
        <RecipientEIN>277059768</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <NonCashAssistanceAmt>1690379</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>FMV STATEM</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>PUBLICLY TRADED</NonCashAssistanceDesc>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>RAYMOND JAMES CHARITABLE ENDOW FUND</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 23559</AddressLine1Txt>
          <CityNm>ST PETERSBURG</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33742</ZIPCd>
        </USAddress>
        <RecipientEIN>593652538</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <NonCashAssistanceAmt>12350037</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>FMV STATEM</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>PUBLICLY TRADED</NonCashAssistanceDesc>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>RISE AND REBUILD FOUNDATION</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>3008 FALLENTINE RD</AddressLine1Txt>
          <CityNm>SANDY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84093</ZIPCd>
        </USAddress>
        <RecipientEIN>472018489</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SALT LAKE COMMUNITY COLLEGE FDN</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 30808</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84130</ZIPCd>
        </USAddress>
        <RecipientEIN>942886220</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>9000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SUMMIT JOURNEYS INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>2265 E MURRAY HOLLADAY RD</AddressLine1Txt>
          <CityNm>MILLCREEK</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84117</ZIPCd>
        </USAddress>
        <RecipientEIN>881231317</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>30000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>TIFIE HUMANITARIAN</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>14864 PONY EXPRESS ROAD</AddressLine1Txt>
          <CityNm>BLUFFDALE</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84065</ZIPCd>
        </USAddress>
        <RecipientEIN>208360616</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>385000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>VISUAL ART INSTITUTE</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>2901 S HIGHLAND DR</AddressLine1Txt>
          <CityNm>SALT LAKE CITY</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84106</ZIPCd>
        </USAddress>
        <RecipientEIN>870340155</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>WASATCH ACADEMY</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>120 SOUTH 100 WEST</AddressLine1Txt>
          <CityNm>MT PLEASANT</CityNm>
          <StateAbbreviationCd>UT</StateAbbreviationCd>
          <ZIPCd>84647</ZIPCd>
        </USAddress>
        <RecipientEIN>870290194</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>10000</CashGrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITY ORG</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>18</Total501c3OrgCnt>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="RetDoc5">
      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>R SCOTT ADAMS</PersonNm>
        <RelationshipWithOrgTxt>DONOR</RelationshipWithOrgTxt>
        <LoanFromOrganizationInd>X</LoanFromOrganizationInd>
        <OriginalPrincipalAmt>500000</OriginalPrincipalAmt>
        <BalanceDueAmt>182327</BalanceDueAmt>
        <DefaultInd>false</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>true</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <LoansBtwnOrgInterestedPrsnGrp>
        <BusinessName>
          <BusinessNameLine1Txt>KT&amp;T FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <RelationshipWithOrgTxt>DONOR</RelationshipWithOrgTxt>
        <LoanFromOrganizationInd>X</LoanFromOrganizationInd>
        <OriginalPrincipalAmt>347000</OriginalPrincipalAmt>
        <BalanceDueAmt>121395</BalanceDueAmt>
        <DefaultInd>false</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>true</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>MCCLEVE TRUST</PersonNm>
        <RelationshipWithOrgTxt>DONOR</RelationshipWithOrgTxt>
        <LoanFromOrganizationInd>X</LoanFromOrganizationInd>
        <OriginalPrincipalAmt>82538</OriginalPrincipalAmt>
        <BalanceDueAmt>53268</BalanceDueAmt>
        <DefaultInd>false</DefaultInd>
        <BoardOrCommitteeApprovalInd>true</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>true</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <TotalBalanceDueAmt>356990</TotalBalanceDueAmt>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc6">
      <SecuritiesCloselyHeldStockGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>7</ContributionCnt>
        <NoncashContributionsRptF990Amt>10366933</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FAIR MARKET VALUE</MethodOfDeterminingRevenuesTxt>
      </SecuritiesCloselyHeldStockGrp>
      <RealEstateCommercialGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>1500000</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>APPRAISAL</MethodOfDeterminingRevenuesTxt>
      </RealEstateCommercialGrp>
      <RealEstateOtherGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>225000</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>SALE PRICE</MethodOfDeterminingRevenuesTxt>
      </RealEstateOtherGrp>
      <Form8283ReceivedCnt>1</Form8283ReceivedCnt>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>false</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc7">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 1, ITEM C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PI FUND</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>L.S. MCCULLOUGH, JR. L .STANFORD MCCULLOUGH IV TRUSTEE TRUSTEE GRANDFATHER/GRANDCHILD</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE TRUSTEES ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING. IF THERE ARE NO FURTHER QUESTIONS OR ISSUES DISCOVERED, ONE OF THE TRUSTEES WILL SIGN AND MAIL THE E-FILE SIGNATURE FORM 8879-EO TO APPROVE E-FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EVERY INTERESTED PARTY WHO MIGHT HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THESE MATERIAL FACTS ARE DISCLOSED, THE INTERESTED PARTY MUST LEAVE THE MEETING WHILE THE GOVERNING BOARD OR COMITTEE MEETING DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. IF AN INTERESTED PARTY FAILS TO DISCLOSE THAT THERE MIGHT POSSIBLY BE A CONFLICT OF INTEREST, HE/SHE IS ALLOWED TO EXPLAIN WHY THEY FAILED TO DISCLOSE. ONCE HE/SHE EXPLAINS THEIR FAILURE TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE THEN DETERMINES IF THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IT SHALL THEN TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL REQUIRED WRITTEN DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>BOOK-TAX DIFFERENCES -151,350 PASS THROUGH BOOK-TAX DIFFERENCES -701 TOTAL -152,051</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
