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            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38242</ZIPCd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JULIE WILLIAMS</PersonNm>
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            <AddressLine1Txt>8191 KIMRIDGE DRIVE</AddressLine1Txt>
            <CityNm>GERMANTOWN</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38138</ZIPCd>
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          <TitleTxt>PRESIDENT</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARY LOU REED</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 667</AddressLine1Txt>
            <CityNm>WHITE BLUFF</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37187</ZIPCd>
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          <TitleTxt>SECRETARY</TitleTxt>
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          <PersonNm>RUTH CONROY</PersonNm>
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            <CityNm>GOODLETTSVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
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          <TitleTxt>TREASURER</TitleTxt>
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          <PersonNm>THOMAS HARRISON</PersonNm>
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        <Description1Txt>MURRAY STATE FOUNDATION - FUNDS WERE PROVIDED FOR SCHOLARSHIPS</Description1Txt>
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        <Description4Txt>HOPE IN MURRAY - FUNDS WERE PROVIDED FOR HUMAN SERVICES SUPPORT</Description4Txt>
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            <BusinessNameLine1Txt>FRIENDS OF TENNESSEE NATIONAL WILDLIFE REFUGE</BusinessNameLine1Txt>
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            <AddressLine1Txt>1371 C WILDLIFE DR</AddressLine1Txt>
            <CityNm>SPRINGVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38256</ZIPCd>
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          <GrantOrContributionPurposeTxt>ENVIRONMENTAL EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HAPPINEST WILDLIFE AND RESOURCE CENTER</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>920 GLAMIS CIR</AddressLine1Txt>
            <CityNm>SIGNAL MOUNTAIN</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37377</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT AND EDUCATIONAL PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HENRY COUNTY HIGH SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>315 S WILSON STREET</AddressLine1Txt>
            <CityNm>PARIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38242</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC HIGH SCHOOL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT PUBLIC EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>6000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE IN MURRAY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>640 S 4TH ST</AddressLine1Txt>
            <CityNm>MURRAY</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>420712680</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR HUMAN SERVICES</GrantOrContributionPurposeTxt>
          <Amt>6000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MILITARY WORKING DOG TEAM SUPPORT ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3501 MACCORKLE AVENUE</AddressLine1Txt>
            <CityNm>CHARLESTON</CityNm>
            <StateAbbreviationCd>WV</StateAbbreviationCd>
            <ZIPCd>253041419</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR MILITARY DOG AND HANDLER TRAINING</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MURRAY STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 HERITAGE HALL</AddressLine1Txt>
            <CityNm>MURRAY</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>420713441</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC UNIVERSITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>22000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MURRAY STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 HERITAGE HALL</AddressLine1Txt>
            <CityNm>MURRAY</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>420713441</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC UNIVERSITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RODEO TEAM</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MURRAY STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 HERITAGE HALL</AddressLine1Txt>
            <CityNm>MURRAY</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>420713441</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC UNIVERSITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BEE PROGRAM AT PULLEN FARMS</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OWL RIDGE RAPTOR CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>614 COLLINS RIDGE RD</AddressLine1Txt>
            <CityNm>WASHBURN</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37888</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR RAPTORS</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>REAL HOPE YOUTH CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 283</AddressLine1Txt>
            <CityNm>PARIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38242</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THISTLE FARMS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5122 CHARLOTTE PARK</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37209</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>WOMENS HELP GROUP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TENNESSEE MARTIN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>554 UNIVERSITY ST</AddressLine1Txt>
            <CityNm>MARTIN</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38237</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC UNIVERSITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WINGS TO SOAR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 743</AddressLine1Txt>
            <CityNm>TRENTON</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR REHABILITATION AND EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LEVI MILES FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>230 TYSON AVENUE</AddressLine1Txt>
            <CityNm>PARIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38242</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501 (C) (3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR CHILDREN WITH DISABILITIES AND RARE DISEASES</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>82000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>100000</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>100000</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>100000</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>3000</Amt>
        <NetInvestmentIncomeAmt>3000</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AppliedToPriorYearElection documentId="RetDoc12000100081">
      <ElectionDesc>BETSY ROSS FOUNDATION ELECTS PERSUANT TO REGULATION SEC. 53.4942(A)-3(D)(2) TO TO APPLY ALL OF THE REMAINING AMOUNT TO THE UNDISTRIBUTED INCOME REMAINING FROM YEARS BEFORE 2022 - $2,602 TO UNDISTRIBUTED INCOME FOR 2020.</ElectionDesc>
    </AppliedToPriorYearElection>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MARINADE ROYALTY AGREEMENT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2324560</BookValueAmt>
        <EOYFMVAmt>2038152</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>619</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>MARINADE FORMULA ROYALTY</Desc>
        <RevenueAndExpensesPerBooksAmt>100000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>100000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>100000</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX BASED ON INVESTMENT INCOME</CategoryTxt>
        <Amt>3844</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
