﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-07-17T17:31:59-04:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>474862555</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>FAIR &amp; COMPANY CPAS PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>6001 VALLEY RANCH DR</AddressLine1Txt>
        <CityNm>LITTLE ROCK</CityNm>
        <StateAbbreviationCd>AR</StateAbbreviationCd>
        <ZIPCd>722234585</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>204712624</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>LAURA P NICHOLS FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>LAUR</BusinessNameControlTxt>
      <PhoneNum>5018021155</PhoneNum>
      <USAddress>
        <AddressLine1Txt>204 EXECUTIVE COURT STE 303</AddressLine1Txt>
        <CityNm>LITTLE ROCK</CityNm>
        <StateAbbreviationCd>AR</StateAbbreviationCd>
        <ZIPCd>72205</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MARK A NICHOLS</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>5013769971</PhoneNum>
      <SignatureDt>2025-06-11</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>LANCE MCALISTER CPA</PreparerPersonNm>
      <PTIN>P00805273</PTIN>
      <PhoneNum>5012276220</PhoneNum>
      <PreparationDt>2025-06-11</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc12" referenceDocumentId="RetDoc11">
      <PFStatusTermSect507b1AInd>X</PFStatusTermSect507b1AInd>
      <FinalReturnInd>X</FinalReturnInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>0</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>23593</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>23593</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>943383</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1692908</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>943383</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>966976</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>966976</TotalNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc4">9010</LegalFeesRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">6625</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1987</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc7">14311</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>14311</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc8">13416</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">12</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>12</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>43374</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>16310</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1912750</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1912750</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1956124</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>16310</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1912750</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-989148</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>950666</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>453047</SavAndTempCashInvstBOYAmt>
        <CorporateStockBOYAmt>349987</CorporateStockBOYAmt>
        <CorporateBondsBOYAmt>184070</CorporateBondsBOYAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc5">2044</OtherAssetsBOYAmt>
        <TotalAssetsBOYAmt>989148</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>0</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>0</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>989148</NoDonorRstrNetAssestsBOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>989148</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>0</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>989148</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>0</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>989148</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-989148</ExcessRevenueOverExpensesAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>220552</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>215468</CostOrOtherBasisAmt>
          <GainOrLossAmt>5084</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5084</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1472356</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>534057</CostOrOtherBasisAmt>
          <GainOrLossAmt>938299</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>938299</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>943383</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>5084</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>13214</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>13214</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>13214</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1842</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1842</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>11372</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="RetDoc10 RetDoc9">true</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>C&amp;S CAPITAL MANAGEMENT INC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>5018021155</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>204 EXECUTIVE COURT SUITE 303</AddressLine1Txt>
          <CityNm>LITTLE ROCK</CityNm>
          <StateAbbreviationCd>AR</StateAbbreviationCd>
          <ZIPCd>72205</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARK A NICHOLS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1734 P STREET NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20036</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1133062</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>189666</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1842</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1324570</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1324570</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>19869</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1304701</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>65235</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>65235</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>13214</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>13214</TotalTaxAmt>
        <DistributableBeforeAdjAmt>52021</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>52021</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>52021</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1912750</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1912750</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>52021</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>48934</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>63347</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>112281</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1912750</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>52021</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1860729</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1973010</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>1973010</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>48934</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>63347</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1860729</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MARK A NICHOLS TRUSTEE CO CS C</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>204 EXECUTIVE COURT STE 303</AddressLine1Txt>
            <CityNm>LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72205</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5018021155</RecipientPhoneNum>
          <RecipientEmailAddressTxt>MNICHOLS5@GMAIL.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>ALL APPLICATIONS SHOULD BE IN WRITING WITH A DESCRIPTION OF THE INTENDED USE OF THE CONTRIBUTION TO ENSURE IT IS IN COMPLIANCE WITH THE FOUNDATION'S STATED PURPOSE.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>CONTRIBUTIONS WILL ONLY BE MADE TO ORGANIZATIONS DESCRIBED IN IRC SECTIONS 170(B)(1)(A), 170(C), 2055(A), AND 2522(A) WHICH PROVIDE FOR THE CARE AND FEEDING OF DOGS, CATS, HORSES, AND ANIMALS HOUSED IN ZOOS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARKANSAS COMMUNITY FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5 ALLIED DRIVE SUITE 511</AddressLine1Txt>
            <AddressLine2Txt>BUILDING 5 11TH FLOOR</AddressLine2Txt>
            <CityNm>LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72202</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ESTABLISHMENT OF DONOR ADVISED FUND</GrantOrContributionPurposeTxt>
          <Amt>1912750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1912750</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>23593</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>943383</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>966976</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>966976</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION FEES</CategoryTxt>
        <Amt>6625</Amt>
        <NetInvestmentIncomeAmt>1987</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DissolutionStmt documentId="RetDoc10">
      <DissolutionInformationGrp>
        <BusinessName>
          <BusinessNameLine1Txt>ARKANSAS COMMUNITY FOUNDATION INC</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>5 ALLIED DRIVE SUITE 51110</AddressLine1Txt>
          <AddressLine2Txt>BUILDING 5 11TH FLOOR</AddressLine2Txt>
          <CityNm>LITTLE ROCK</CityNm>
          <StateAbbreviationCd>AR</StateAbbreviationCd>
          <ZIPCd>72202</ZIPCd>
        </USAddress>
        <ShortExplanationTxt>ESTABLISHMENT OF DONOR ADVISED FUND</ShortExplanationTxt>
        <DissolutionAmt>1912750</DissolutionAmt>
      </DissolutionInformationGrp>
    </DissolutionStmt>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>WEITZ SHORT INTERMEDIATE - 8467.742</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VANGUARD SHORT TERM TRSY ETF - 1270</BondNm>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC - 720 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON COM INC - 646 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC - 740 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY - 300 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BIOGEN INC - 100 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRISTOL-MYERS SQUIBB - 540 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC - 192 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MIDDLEBY CORP - 170 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STARBUCKS CORP - 706 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TECHNOLOGY SELECT SECTOR - 600 SHS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANECK MRNGSTAR WIDE MOAT ETF - 4300</StockNm>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LiquidationExplanationStmt documentId="RetDoc9">
      <ExplanationTxt>MARK A. NICHOLS, AS THE SOLE TRUSTEE OF THE LAURA P. NICHOLS FOUNDATION, HAS DECIDED TO EXERCISE HIS DISCRETION TO TERMINATE THE FOUNDATION AND TO DISTRIBUTE THE REMAINING ASSETS OF THE FOUNDATION TO THE LAURA P. NICHOLS FOUNDATION CHARITABLE FUND, WHICH IS A DONOR ADVISED FUND THAT HAS BEEN ESTABLISHED AT THE ARKANSAS COMMUNITY FOUNDATION, INC., PURSUANT TO THE AGREEMENT ESTABLISHING THE LAURA P. NICHOLS FOUNDATION CHARITABLE FUND DATED JUNE 17, 2024, A COPY OF WHICH IS ATTACHED. ALL PUBLICLY TRADED SECURITIES WERE SOLD, AND THE FOUNDATIONS INVESTMENT HOLDINGS WERE FULLY LIQUIDATED PRIOR TO THE DISTRIBUTION TO THE ARKANSAS COMMUNITY FOUNDATION ON SEPTEMBER 25, 2024. THE FORMAL TERMINATION OF THE FOUNDATION OCCURRED ON DECEMBER 31, 2024, FOLLOWING THE SETTLEMENT OF ALL OUTSTANDING LIABILITIES.</ExplanationTxt>
    </LiquidationExplanationStmt>
    <LegalFeesSchedule documentId="RetDoc4">
      <LegalFeesGrp>
        <CategoryTxt>BAXTER LAW FIRM</CategoryTxt>
        <LegalFeesAmt>9010</LegalFeesAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc5">
      <OtherAssetsScheduleGrp>
        <Desc>PREPAID FEDERAL INCOME TAXES</Desc>
        <BOYBookValueAmt>2044</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>12</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc7">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CAPITAL MGMT - INV ADVISORY FEES</CategoryTxt>
        <Amt>13883</Amt>
        <NetInvestmentIncomeAmt>13883</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>C&amp;S BUSINESS SERVICES - ACCT FEE</CategoryTxt>
        <Amt>428</Amt>
        <NetInvestmentIncomeAmt>428</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>2023 FORM 990-PF</CategoryTxt>
        <Amt>202</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2024 FORM 990-PF</CategoryTxt>
        <Amt>13214</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>