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          <PersonNm>MICHAEL L JONES</PersonNm>
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            <CityNm>ANDALUSIA</CityNm>
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          <PersonNm>RICHARD E JONES</PersonNm>
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          <RecipientPersonNm>MICHAEL L JONES</RecipientPersonNm>
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            <CityNm>ANDALUSIA</CityNm>
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          <FormAndInfoAndMaterialsTxt>A LETTER OF REQUEST DETAILING THE TAX EXEMPT PURPOSE OF THE ENTITY AND THE PROJECT BEING UNDERTAKEN; WHO WILL BENEFIT FROM THE PROJECT; OTHER ENTITIES WHO WILL BE PARTICIPATING IN THE PROJECT; AMOUNT THAT THE REQUESTING ENTITY WILL BE CONTRIBUTING TO THE PROJECT AND THE AMOUNT WHICH THE ENTITY WILL BE REQUESTING FROM THIS FOUNDATION. IN THE NARRATIVE DESCRIBING THE PROJECT, THE ENTITY SHOULD STATE THE START-UP DATE OF THE PROJECT AND THE ESTIMATED COMPLETION DATE OF THE PROJECT. THE ENTITY IS TO INFORM THE FOUNDATION OF THE SUCCESS OF THE PROJECT AND PROVIDE APPROPRIATE PICTURES. IN ADDITION TO THE LETTER OF REQUEST, THE TAX EXEMPT ENTITY SHOULD ENCLOSE THE FOLLOWING DOCUMENTS: 1. LIST OF THE ENTITY'S CURRENT OFFICERS AND BOARD OF DIRECTORS. 2. COPY OF ENTITY'S 501(C)(3) DETERMINATION LETTER. 3. ENTITY'S LAST YEAR END FINANCIAL STATEMENTS. 4. ENTITY'S LAST FORM 990 OR FORM 990-EZ SUBMITTED TO THE IRS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>REQUESTS TO THE FOUNDATION SHOULD BE SUBMITTED ON OR BEFORE APRIL 1ST, JULY 1ST AND OCTOBER 1ST.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>THE PURPOSE OF THE FOUNDATION IS TO USE AND APPLY THE WHOLE OR PART OF ITS INCOME EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES, EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS IT NOW EXISTS OR AS IT MAY HEREAFTER BE AMENDED ("CODE") AND THE TREASURY REGULATIONS AS THEY NOW EXIST OR MAY HEREAFTER BE AMENDED (THE "REGULATIONS").</RestrictionsOnAwardsTxt>
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          <RecipientPersonNm>ANDALUSIA CITY BOARD OF EDUCATION</RecipientPersonNm>
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            <AddressLine1Txt>122 SIXTH AVENUE</AddressLine1Txt>
            <CityNm>ANDALUSIA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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          <RecipientPersonNm>COVINGTON COUNTY SCHOOLS</RecipientPersonNm>
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            <AddressLine1Txt>PO BOX 460</AddressLine1Txt>
            <CityNm>ANDALUSIA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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            <StateAbbreviationCd>AL</StateAbbreviationCd>
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            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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            <StateAbbreviationCd>AL</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROVIDE FOOD TO AT-RISK CHILDREN</GrantOrContributionPurposeTxt>
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          <RecipientPersonNm>FIRST BAPTIST CHURCH</RecipientPersonNm>
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            <AddressLine1Txt>700 EAST THREE NOTCH ST</AddressLine1Txt>
            <CityNm>ANDALUSIA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BUILDINGS AND EQUIPMENT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
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          <RecipientPersonNm>FIRST UNITED METHODIST CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
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            <CityNm>ANDALUSIA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BUILDINGS AND EQUIPMENT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MEREDITH MIRACLES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>408 SOUTH THREE NOTCH ST</AddressLine1Txt>
            <CityNm>ANDALUSIA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36420</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER VICTIMS AND FAMILIES</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>265000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>111863</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>276178</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>131469</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ADC</Desc>
          <RelatedOrExemptFunctionIncmAmt>2100</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>388042</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>133569</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>521611</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>11000</Amt>
        <NetInvestmentIncomeAmt>5500</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc3">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EDWARD JONES 1-4</AssetDesc>
        <AcquiredDt>2020-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2021-12</SoldDt>
        <GrossSalesPriceAmt>270000</GrossSalesPriceAmt>
        <BasisAmt>221280</BasisAmt>
        <TotalNetAmt>48720</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EDWARD JONES 1-5</AssetDesc>
        <AcquiredDt>2020-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2021-12</SoldDt>
        <GrossSalesPriceAmt>151401</GrossSalesPriceAmt>
        <BasisAmt>116251</BasisAmt>
        <TotalNetAmt>35150</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EDWARD JONES 1-9</AssetDesc>
        <AcquiredDt>2020-06</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2021-12</SoldDt>
        <GrossSalesPriceAmt>269016</GrossSalesPriceAmt>
        <BasisAmt>221417</BasisAmt>
        <TotalNetAmt>47599</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorporateStockGrp>
        <StockNm>STOCKS</StockNm>
        <EOYBookValueAmt>87330</EOYBookValueAmt>
        <EOYFMVAmt>185160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MUTUAL FUNDS</StockNm>
        <EOYBookValueAmt>4612041</EOYBookValueAmt>
        <EOYFMVAmt>6192547</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXCHANGE TRADED &amp; CLOSED END FDS</StockNm>
        <EOYBookValueAmt>79400</EOYBookValueAmt>
        <EOYFMVAmt>106102</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE</Desc>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc6">
      <OtherIncomeDetail>
        <Desc>ADC</Desc>
        <RevenueAndExpensesPerBooksAmt>2100</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>2100</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc7">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>38799</Amt>
        <NetInvestmentIncomeAmt>38799</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>214</Amt>
        <NetInvestmentIncomeAmt>214</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>2100</Amt>
        <NetInvestmentIncomeAmt>2100</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PENALTY</CategoryTxt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
