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        <ExplanationTxt>THE ELIZABETH COOKE FOUNDATION DOES NOT HAVE A CONFLICT OF INTEREST, WHISTLEBLOWER, &amp; DOCUMENT RETENTION AND DESTRUCTION POLICY. THE CORPORATE TRUSTEE DOES HAVE A CONFLICT OF INTEREST, WHISTLEBLOWER, &amp; DOCUMENT RETENTION AND DESTRUCTION POLICY. ALL BANK'S POLICIES ARE MONITORED BY THE BANK'S MANAGEMENT.</ExplanationTxt>
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        <FormAndLineReferenceDesc>EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b</FormAndLineReferenceDesc>
        <ExplanationTxt>CORPORATE TRUSTEE HAS NOT SET UP ANY COMMITTEES TO ACT ON ITS BEHALF. THE ADMINISTRATIVE COMMITTEE WHICH IS MADE UP OF THE CURRENT ADMINISTRATIVE BOARD MEMBERS OF THE FIRST REGIONAL LIBRARY DOCUMENTS ITS PERIODIC MEETINGS AND PROVIDES ITS RECOMMENDATIONS AS TO AMOUNT AND TIMING OF PAYMENTS TO CORPORATE TRUSTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS PREPARED AND THE CORPORATE TRUSTEE REVIEWS THE RETURN FOR ACCURACY. A DRAFT IS SENT TO THE ADMINISTRATIVE BOARD FOR REVIEW PRIOR TO FILING THE FORM 990 TO THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATE TRUSTEE IS THE ONLY COMPENSATED MEMBER OF THE FOUNDATION'S GOVERNING BODY. CORPORATE TRUSTEE FEES ARE BASED UPON THE PUBLISHED FEE SCHEDULES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATE TRUSTEE IS THE SOLE PAID MEMBER OF THE TRUST'S GOVERNING BOARD. THE ADMINISTRATIVE BOARD OF THE FIRST REGIONAL LIBRARY, WHICH ALSO SERVES AS THE ADMINISTRATIVE BOARD FOR THE TRUST, IS NOT COMPENSATED BY THE CHARITY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>CADENCE BANK</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>AVAILABLE UPON REQUEST</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>EXPLANATION FOR FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>BASIS ADJUSTMENT FOR RETURN OF CAPITAL (5,225.)</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>FIRST REGIONAL LIBRARY</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>370 WEST COMMERCE STREET</AddressLine1Txt>
          <CityNm>HERNANDO</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>38632</ZIPCd>
        </USAddress>
        <EIN>646001406</EIN>
        <PrimaryActivitiesTxt>PUBLIC LIBRARY</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MS</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>170(b)(1)(A)(v)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>6</PublicCharityStatusTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>true</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>FIRST REGIONAL LIBRARY</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>b</TransactionTypeTxt>
        <InvolvedAmt>50188</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>CASH PAYMENT</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>
