<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-03-11T18:59:44-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>208213206</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ABEL KRIEGER &amp; WILMETH CPA'S</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>74-900 US HIGHWAY 111 STE 115</AddressLine1Txt>
        <CityNm>INDIAN WELLS</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92210</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>200275026</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>ALDERSON FAMILY FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O CONNIE B ALDERSON</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>ALDE</BusinessNameControlTxt>
      <PhoneNum>7607715979</PhoneNum>
      <USAddress>
        <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
        <CityNm>LA QUINTA</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92253</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CONNIE B ALDERSON</PersonNm>
      <PersonTitleTxt>DIRECTOR</PersonTitleTxt>
      <PhoneNum>7607715979</PhoneNum>
      <SignatureDt>2024-03-06</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>CONNIE</PersonFirstNm>
        <PersonLastNm>ALDERSON</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>ROBERT D WILMETH JR</PreparerPersonNm>
      <PTIN>P00352073</PTIN>
      <PhoneNum>7603467413</PhoneNum>
      <PreparationDt>2024-03-11</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc10" referenceDocumentId="RetDoc9">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1258358</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>3053</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>3053</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>3053</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>17883</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>17883</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>17883</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>21851</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>351220</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>21851</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc6">707</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>707</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>707</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>43494</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>43494</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>21643</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">6160</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>3696</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>2464</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc7">10057</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>10057</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc8">396</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>396</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">1371</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>904</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>467</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>17984</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>15053</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2931</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>62000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>62000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>79984</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>15053</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>64931</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-36490</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>28441</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>21643</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>-661</CashBOYAmt>
        <CashEOYAmt>4960</CashEOYAmt>
        <CashEOYFMVAmt>4962</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1893</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>93598</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>93598</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>46073</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="RetDoc4">4748</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>4525</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>650649</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">464483</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>972081</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>92472</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2">186147</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>183192</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>790426</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>753936</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1258358</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>790426</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>753936</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>790426</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>753936</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>790426</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>753936</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>790426</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-36490</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>753936</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>753936</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AMERICAN NATIONAL B&amp;T ST COV</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>47507</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>54973</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7466</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7466</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AMERICAN NATIONAL B&amp;T LT COV</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>303588</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>274396</CostOrOtherBasisAmt>
          <GainOrLossAmt>29192</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>29192</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>21851</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>395</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>395</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>395</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>25</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>25</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>370</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</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>
        <IndividualWithBooksNm>CONNIE B ALDERSON</IndividualWithBooksNm>
        <PhoneNum>7607715979</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
          <CityNm>LA QUINTA</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92253</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>JAMES F ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CONNIE B ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JUSTIN W ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KRISTEN N ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER ALDERSON-PAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WALTER B PAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MAXWELL PAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELLISON PAGE</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ZACHARY ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MAKENZIE ALDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>81-280 LEGENDS WAY</AddressLine1Txt>
            <CityNm>LA QUINTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</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>1107940</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>94065</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1202005</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1202005</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>18030</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1183975</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>59199</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>59199</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>395</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>395</TotalTaxAmt>
        <DistributableBeforeAdjAmt>58804</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>58804</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>58804</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>64931</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>64931</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>58804</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>6066</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>10093</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>16159</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>64931</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>58804</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>6127</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>22286</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>22286</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>6066</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>10093</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>6127</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ShareholderManagerNm>JAMES F ALDERSON</ShareholderManagerNm>
        <ShareholderManagerNm>CONNIE B ALDERSON</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHMENT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>VARIOUS CHARITIES</AddressLine1Txt>
            <AddressLine2Txt>VARIOUS CHARITIES</AddressLine2Txt>
            <CityNm>VARIOUS CHAR</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92253</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>62000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>62000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3053</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>17883</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>707</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>21851</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>43494</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>43494</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>ACCOUNTING FEES</CategoryTxt>
        <Amt>6160</Amt>
        <NetInvestmentIncomeAmt>3696</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2464</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>186147</EOYBookValueAmt>
        <EOYFMVAmt>183192</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>464483</EOYBookValueAmt>
        <EOYFMVAmt>972081</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <USGovtObligationsBookVlEOYAmt>4748</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>4525</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>204</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>204</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>915</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>549</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>366</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>252</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>151</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>101</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc6">
      <OtherIncomeDetail>
        <Desc>OTHER INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>707</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>707</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>707</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc7">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>10057</Amt>
        <NetInvestmentIncomeAmt>10057</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>2022 FEDERAL EXT TAX FORM 990</CategoryTxt>
        <Amt>100</Amt>
        <NetInvestmentIncomeAmt>100</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>296</Amt>
        <NetInvestmentIncomeAmt>296</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
