<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-04-04T01:16:55-00:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>352063035</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Thomas A &amp; Sharon K Ruder Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% Thomas A Ruder</InCareOfNm>
      <BusinessNameControlTxt>THOM</BusinessNameControlTxt>
      <PhoneNum>8124795551</PhoneNum>
      <USAddress>
        <AddressLine1Txt>3000 E MORGAN AVE PO Box 2482 STE S</AddressLine1Txt>
        <CityNm>EVANSVILLE</CityNm>
        <StateAbbreviationCd>IN</StateAbbreviationCd>
        <ZIPCd>477280482</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Thomas A Ruder</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <PhoneNum>8124795551</PhoneNum>
      <SignatureDt>2024-04-04</SignatureDt>
      <DiscussWithPaidPreparerInd>false</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>Thomas A Ruder</PersonFirstNm>
        <PersonLastNm>President</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>3</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="14">
    <IRS990PF documentId="990PF" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>3057460</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>54486</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>95793</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>95793</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>102557</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1040229</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>102557</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="990PF:110">-2183</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>250653</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>198350</TotalNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="990PF:111">49</LegalFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="990PF:114">3846</TaxesRevAndExpnssAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="990PF:129">552</DeprecAndDpltnRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="990PF:115">548</OtherExpensesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>4995</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>154654</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>154654</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>159649</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>154654</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>91004</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>198350</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>89208</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>994</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>994</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsEOYAmt>115629</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>115629</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>2693013</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="990PF:122">2507296</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2679250</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>9930</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="990PF:123">259930</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>261587</CorporateBondsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>2759</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>1655</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>1655</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="990PF:132">1104</LandEOYAmt>
        <TotalAssetsBOYAmt>2793806</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2884953</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>3057460</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>2793806</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2884953</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2793806</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2884953</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2793806</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2884953</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2793806</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>91004</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="990PF:133">143</OtherIncreasesAmt>
        <SubtotalAmt>2884953</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>2884953</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>B RILEY FINL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-12-20</AcquiredDt>
          <SoldDt>2023-12-21</SoldDt>
          <GrossSalesPriceAmt>13980</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13834</CostOrOtherBasisAmt>
          <GainOrLossAmt>146</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>146</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-08-08</AcquiredDt>
          <SoldDt>2023-03-10</SoldDt>
          <GrossSalesPriceAmt>19084</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17512</CostOrOtherBasisAmt>
          <GainOrLossAmt>1572</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1572</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DOW INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-09-13</AcquiredDt>
          <SoldDt>2023-01-12</SoldDt>
          <GrossSalesPriceAmt>11612</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9714</CostOrOtherBasisAmt>
          <GainOrLossAmt>1898</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1898</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIRST FINL BK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-05-31</AcquiredDt>
          <SoldDt>2023-12-11</SoldDt>
          <GrossSalesPriceAmt>75000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>75000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRANCHISE GRP PERPTL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-31</AcquiredDt>
          <SoldDt>2023-08-22</SoldDt>
          <GrossSalesPriceAmt>12500</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11065</CostOrOtherBasisAmt>
          <GainOrLossAmt>1435</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1435</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>JACKSON FINL INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-07-22</AcquiredDt>
          <SoldDt>2023-03-13</SoldDt>
          <GrossSalesPriceAmt>18481</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13401</CostOrOtherBasisAmt>
          <GainOrLossAmt>5080</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5080</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>JACKSON FINL INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-09-07</AcquiredDt>
          <SoldDt>2023-03-13</SoldDt>
          <GrossSalesPriceAmt>18481</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15348</CostOrOtherBasisAmt>
          <GainOrLossAmt>3133</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3133</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KENVUE INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-07-27</AcquiredDt>
          <SoldDt>2023-08-25</SoldDt>
          <GrossSalesPriceAmt>5</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KEYCORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-25</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>6866</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14404</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7538</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7538</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KNIFE RIVER HLDG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-06-10</AcquiredDt>
          <SoldDt>2023-06-09</SoldDt>
          <GrossSalesPriceAmt>5179</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4075</CostOrOtherBasisAmt>
          <GainOrLossAmt>1104</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1104</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MBIA INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-08-08</AcquiredDt>
          <SoldDt>2023-02-22</SoldDt>
          <GrossSalesPriceAmt>13440</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11420</CostOrOtherBasisAmt>
          <GainOrLossAmt>2020</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2020</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MS PFD E PERPTL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-12</AcquiredDt>
          <SoldDt>2023-05-31</SoldDt>
          <GrossSalesPriceAmt>12635</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12700</CostOrOtherBasisAmt>
          <GainOrLossAmt>-65</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-65</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NRG ENERGY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-25</AcquiredDt>
          <SoldDt>2023-10-03</SoldDt>
          <GrossSalesPriceAmt>18791</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16304</CostOrOtherBasisAmt>
          <GainOrLossAmt>2487</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2487</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEOGEN CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-08-26</AcquiredDt>
          <SoldDt>2023-01-30</SoldDt>
          <GrossSalesPriceAmt>13406</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13955</CostOrOtherBasisAmt>
          <GainOrLossAmt>-549</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-549</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NET LEASE OFFICE PPTYS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-11-02</AcquiredDt>
          <SoldDt>2023-11-07</SoldDt>
          <GrossSalesPriceAmt>3</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NET LEASE OFFICE PPTYS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-11-02</AcquiredDt>
          <SoldDt>2023-12-13</SoldDt>
          <GrossSalesPriceAmt>241</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>149</CostOrOtherBasisAmt>
          <GainOrLossAmt>92</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>92</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RADIAN GROUP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-25</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>11761</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10635</CostOrOtherBasisAmt>
          <GainOrLossAmt>1126</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1126</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VICI PROPERTIES INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-05-02</AcquiredDt>
          <SoldDt>2023-03-28</SoldDt>
          <GrossSalesPriceAmt>15683</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14764</CostOrOtherBasisAmt>
          <GainOrLossAmt>919</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>919</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VITESSE ENERGY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-07-21</AcquiredDt>
          <SoldDt>2023-08-24</SoldDt>
          <GrossSalesPriceAmt>11535</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11893</CostOrOtherBasisAmt>
          <GainOrLossAmt>-358</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-358</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS GROUP AG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-04-18</AcquiredDt>
          <SoldDt>2023-01-20</SoldDt>
          <GrossSalesPriceAmt>201460</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>167161</CostOrOtherBasisAmt>
          <GainOrLossAmt>34299</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>34299</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CITIGROUP INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-04-19</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>8973</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14440</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5467</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5467</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CITIGROUP INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-07-14</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>13459</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20341</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6882</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6882</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DOW INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-10-06</AcquiredDt>
          <SoldDt>2023-01-12</SoldDt>
          <GrossSalesPriceAmt>17418</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17420</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY NATL INFO SVCS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-11-11</AcquiredDt>
          <SoldDt>2023-02-10</SoldDt>
          <GrossSalesPriceAmt>7472</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14268</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6796</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6796</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KEYCORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-02-11</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>8583</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18930</CostOrOtherBasisAmt>
          <GainOrLossAmt>-10347</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-10347</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KEYCORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-02-17</AcquiredDt>
          <SoldDt>2023-05-04</SoldDt>
          <GrossSalesPriceAmt>8583</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>26320</CostOrOtherBasisAmt>
          <GainOrLossAmt>-17737</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-17737</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MDU RESOURCES GRP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-06-10</AcquiredDt>
          <SoldDt>2023-07-26</SoldDt>
          <GrossSalesPriceAmt>11135</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9265</CostOrOtherBasisAmt>
          <GainOrLossAmt>1870</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1870</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MICROSOFT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-07-26</AcquiredDt>
          <SoldDt>2023-01-25</SoldDt>
          <GrossSalesPriceAmt>71408</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>42014</CostOrOtherBasisAmt>
          <GainOrLossAmt>29394</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>29394</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MICROSOFT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-10-31</AcquiredDt>
          <SoldDt>2023-01-25</SoldDt>
          <GrossSalesPriceAmt>80274</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>48227</CostOrOtherBasisAmt>
          <GainOrLossAmt>32047</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>32047</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MICROSOFT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-02-22</AcquiredDt>
          <SoldDt>2023-01-25</SoldDt>
          <GrossSalesPriceAmt>6710</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6585</CostOrOtherBasisAmt>
          <GainOrLossAmt>125</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>125</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MICROSOFT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-02-22</AcquiredDt>
          <SoldDt>2023-01-25</SoldDt>
          <GrossSalesPriceAmt>89141</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>87481</CostOrOtherBasisAmt>
          <GainOrLossAmt>1660</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1660</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PEOPLES BANCORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-04-12</AcquiredDt>
          <SoldDt>2023-12-18</SoldDt>
          <GrossSalesPriceAmt>9982</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9020</CostOrOtherBasisAmt>
          <GainOrLossAmt>962</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>962</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRICE TR ROWE GRP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-08-29</AcquiredDt>
          <SoldDt>2023-09-06</SoldDt>
          <GrossSalesPriceAmt>11116</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11855</CostOrOtherBasisAmt>
          <GainOrLossAmt>-739</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-739</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PROCTER GAMBLE CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-05-05</AcquiredDt>
          <SoldDt>2023-01-18</SoldDt>
          <GrossSalesPriceAmt>29247</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17260</CostOrOtherBasisAmt>
          <GainOrLossAmt>11987</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11987</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STATE STREET CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-04-24</AcquiredDt>
          <SoldDt>2023-02-01</SoldDt>
          <GrossSalesPriceAmt>9155</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10085</CostOrOtherBasisAmt>
          <GainOrLossAmt>-930</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-930</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STATE STREET CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-04-30</AcquiredDt>
          <SoldDt>2023-02-01</SoldDt>
          <GrossSalesPriceAmt>27464</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20147</CostOrOtherBasisAmt>
          <GainOrLossAmt>7317</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7317</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VICI PROPERTIES INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-03</AcquiredDt>
          <SoldDt>2023-03-28</SoldDt>
          <GrossSalesPriceAmt>31366</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29884</CostOrOtherBasisAmt>
          <GainOrLossAmt>1482</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1482</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ASSURED GUARANTY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-02-19</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>59300</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>46640</CostOrOtherBasisAmt>
          <GainOrLossAmt>12660</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>12660</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ASSURED GUARANTY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-05-10</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>29650</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24513</CostOrOtherBasisAmt>
          <GainOrLossAmt>5137</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5137</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ASSURED GUARANTY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-03-04</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>29650</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29635</CostOrOtherBasisAmt>
          <GainOrLossAmt>15</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>102557</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>46801</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2757</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>2757</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2757</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>3080</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>3080</TotalPaymentsAndCreditsAmt>
        <OriginalReturnTaxPaidAmt>3080</OriginalReturnTaxPaidAmt>
        <EsPenaltyAmt>1</EsPenaltyAmt>
        <OverpaymentAmt>322</OverpaymentAmt>
        <AppliedToESTaxAmt>322</AppliedToESTaxAmt>
      </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>
        <OrgReportOrRegisterStateCd>IN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd referenceDocumentId="990PF:124">true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>NONE</WebsiteAddressTxt>
        <IndividualWithBooksNm>THOMAS A RUDER</IndividualWithBooksNm>
        <PhoneNum>8124795551</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3000 E MORGAN AVE STE C</AddressLine1Txt>
          <CityNm>EVANSVILLE</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>477114484</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2021</UndistributedIncomePY1Yr>
        <UndistributedIncomePY2Yr>2020</UndistributedIncomePY2Yr>
        <UndistributedIncomePY3Yr>2019</UndistributedIncomePY3Yr>
        <UndistributedIncomePY4Yr>2018</UndistributedIncomePY4Yr>
        <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>THOMAS A RUDER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
            <CityNm>EVANSVILLE</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47728</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>004.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHARON K RUDER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
            <CityNm>EVANSVILLE</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47728</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>002.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRYAN A RUDER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 2075</AddressLine1Txt>
            <CityNm>EVANSVILLE</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47728</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>002.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Robert C Kozsan</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47728</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>002.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2920604</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>4678</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2925282</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2925282</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>43879</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2881403</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>144070</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>144070</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2757</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2757</TotalTaxAmt>
        <DistributableBeforeAdjAmt>141313</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>141313</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>141313</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt referenceDocumentId="990PF:151">154654</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>154654</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>141313</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>9994</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>2515</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>32981</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>8560</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>14259</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>68309</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>154654</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>141313</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>13341</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>81650</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>9994</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>71656</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>2515</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>32981</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>8560</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>14259</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>13341</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>THOMAS A RUDER</ContributingManagerNm>
        <ContributingManagerNm>SHARON K RUDER</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>THOMAS A RUDER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
            <CityNm>EVANSVILLE</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>477280482</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>8124795551</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>NO FORMAL APPLICATION PROCESS</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NO FORMAL DEADLINE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NO FORMAL RESTRICTIONS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>USI Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8600 University Blvd</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47712</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Big Blue Booster</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>320 SE Martin Luther King Blvd</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EVSC Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>951 Walnut St</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Youth Resources Inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 718</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47705</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>50</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Vanderburgh Cmnty Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>123 NW 4th St Ste 32</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47708</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UE Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1800 Lincoln Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47714</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>11000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Evansville Junior Football</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>901 S Barker Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47712</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UE Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1800 Lincoln Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47714</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>604</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Boys Scouts of America</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3501 E Lloyd Express Way</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47715</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>IVY Tech Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>50 W Fall Creek Park</AddressLine1Txt>
            <CityNm>Indianapolis</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46208</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hope of Evansville</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>612 SE 4th St</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Voices Incorp</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2425 Highway 41</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47714</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EVSC Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>951 Walnut St</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hanover College</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 108</AddressLine1Txt>
            <CityNm>Hanover</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47724</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Ark Crisis Center</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>415 Lincoln Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>US Ski Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 100</AddressLine1Txt>
            <CityNm>Park City</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84060</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UE Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1800 Lincoln Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47714</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>USI Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8600 University Blvd</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47712</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YWCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>118 Vine St</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47708</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Evansville African American Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>579 S Garvin St</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Big Brother Big Sister SW In</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>320 SE Martin Luther</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47713</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Meals on Wheels</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3700 Bellemeade Ave</AddressLine1Txt>
            <CityNm>Evansville</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47714</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>General Fund</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hanover College</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 108</AddressLine1Txt>
            <CityNm>Hanover</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47724</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>68100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>154654</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>95793</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionAmt>2183</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>102557</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>196167</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>196167</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>
    <IRS990ScheduleB documentId="990B" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Thomas A Ruder</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3000 E Morgan Ave</AddressLine1Txt>
          <CityNm>Evansville</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>47711</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>51405</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>Sharon K Ruder</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3000 E Morgan Ave</AddressLine1Txt>
          <CityNm>Evansville</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>47711</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1081</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>Sharon K Ruder</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3000 E Morgan Ave</AddressLine1Txt>
          <CityNm>Evansville</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>47711</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>0</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>Stifel Charitable</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>501 N Brodway St</AddressLine1Txt>
          <CityNm>St Louis</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>63102</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>2000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="990PF:112" softwareId="23017665" softwareVersionNum="23.1.0.0"></AccountingFeesSchedule>
    <DepreciationSchedule documentId="990PF:129" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>MACBOOK PRO MID 2012</PropertyDesc>
        <AcquiredDt>2013-03-23</AcquiredDt>
        <CostOrOtherBasisAmt>1994</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3590</PriorYearDepreciationAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HP Elite Book x360 G7</PropertyDesc>
        <AcquiredDt>2020-12-16</AcquiredDt>
        <CostOrOtherBasisAmt>2760</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1104</PriorYearDepreciationAmt>
        <ComputationMethodTxt>Straight Line</ComputationMethodTxt>
        <LifeRt>0000000005.000000000000</LifeRt>
        <CurrentYearExpenseAmt>552</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="990PF:123" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <InvestmentsCorporateBondsGrp>
        <BondNm>APPALACHIAN POWER SR NT 037735CM7 7.00 2038-04-01</BondNm>
        <EOYBookValueAmt>9930</EOYBookValueAmt>
        <EOYFMVAmt>11587</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MORGAN STANLEY BANK CD 61690U3B4 5.25 2024-03-15</BondNm>
        <EOYBookValueAmt>100000</EOYBookValueAmt>
        <EOYFMVAmt>100000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>STEARNS BANK CD 857894J42 5.40 2024-03-22</BondNm>
        <EOYBookValueAmt>150000</EOYBookValueAmt>
        <EOYFMVAmt>150000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="990PF:122" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>3000 shares of BANK AMERICA CORP BAC</StockNm>
        <EOYBookValueAmt>88580</EOYBookValueAmt>
        <EOYFMVAmt>101010</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1200 shares of CISCO SYSTEMS CSCO</StockNm>
        <EOYBookValueAmt>64064</EOYBookValueAmt>
        <EOYFMVAmt>60624</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2400 shares of PFIZER INC PFE</StockNm>
        <EOYBookValueAmt>83080</EOYBookValueAmt>
        <EOYFMVAmt>69096</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>314 shares of AMERICAN INTL GROUP AIG</StockNm>
        <EOYBookValueAmt>19391</EOYBookValueAmt>
        <EOYFMVAmt>21274</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of BAXTER INTL BAX</StockNm>
        <EOYBookValueAmt>30094</EOYBookValueAmt>
        <EOYFMVAmt>23196</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1700 shares of MERCK CO INC MRK</StockNm>
        <EOYBookValueAmt>110314</EOYBookValueAmt>
        <EOYFMVAmt>185334</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of CARLYLE GROUP CG</StockNm>
        <EOYBookValueAmt>21392</EOYBookValueAmt>
        <EOYFMVAmt>24414</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3800 shares of INTEL CORP INTC</StockNm>
        <EOYBookValueAmt>169600</EOYBookValueAmt>
        <EOYFMVAmt>190950</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>12 shares of APPLE INC AAPL</StockNm>
        <EOYBookValueAmt>2155</EOYBookValueAmt>
        <EOYFMVAmt>2310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>211 shares of VANGUARD MID CAP ETF VO</StockNm>
        <EOYBookValueAmt>32971</EOYBookValueAmt>
        <EOYFMVAmt>49087</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>350 shares of AMGEN INC AMGN</StockNm>
        <EOYBookValueAmt>70292</EOYBookValueAmt>
        <EOYFMVAmt>100807</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 shares of BERKSHIRE HATHAWAY CL BRK B</StockNm>
        <EOYBookValueAmt>53109</EOYBookValueAmt>
        <EOYFMVAmt>106998</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of GILEAD SCIENCE GILD</StockNm>
        <EOYBookValueAmt>44903</EOYBookValueAmt>
        <EOYFMVAmt>48606</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>475 shares of ORACLE CORP ORCL</StockNm>
        <EOYBookValueAmt>38278</EOYBookValueAmt>
        <EOYFMVAmt>50079</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of VANGUARD LARGE CAP ETF VV</StockNm>
        <EOYBookValueAmt>19516</EOYBookValueAmt>
        <EOYFMVAmt>43630</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2000 shares of HUNTINGTON BANCSHARES HBAN</StockNm>
        <EOYBookValueAmt>26150</EOYBookValueAmt>
        <EOYFMVAmt>25440</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>250 shares of VANGUARD MID CAP GROWTH ETF VOT</StockNm>
        <EOYBookValueAmt>30572</EOYBookValueAmt>
        <EOYFMVAmt>54893</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of BANK NEW YORK MELLON BK</StockNm>
        <EOYBookValueAmt>31648</EOYBookValueAmt>
        <EOYFMVAmt>31230</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>400 shares of BRISTOL MYERS SQUIBB CO BMY</StockNm>
        <EOYBookValueAmt>26576</EOYBookValueAmt>
        <EOYFMVAmt>20524</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1100 shares of CNA FINANCIAL CNA</StockNm>
        <EOYBookValueAmt>47299</EOYBookValueAmt>
        <EOYFMVAmt>46541</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>900 shares of WELLS FARGO WFC</StockNm>
        <EOYBookValueAmt>42540</EOYBookValueAmt>
        <EOYFMVAmt>44298</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of WP CAREY WPC</StockNm>
        <EOYBookValueAmt>16569</EOYBookValueAmt>
        <EOYFMVAmt>12962</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of UGI CORP UGI</StockNm>
        <EOYBookValueAmt>19302</EOYBookValueAmt>
        <EOYFMVAmt>14760</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3432 shares of TRUIST FINANCIAL CORP TFC</StockNm>
        <EOYBookValueAmt>178991</EOYBookValueAmt>
        <EOYFMVAmt>126709</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of WILLIAMS COS WMB</StockNm>
        <EOYBookValueAmt>7145</EOYBookValueAmt>
        <EOYFMVAmt>6966</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 shares of OCCIDENTAL PETROLEUM OXY</StockNm>
        <EOYBookValueAmt>51056</EOYBookValueAmt>
        <EOYFMVAmt>47768</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of HEWLETT PACKARD ENTERPRISE HPE</StockNm>
        <EOYBookValueAmt>8200</EOYBookValueAmt>
        <EOYFMVAmt>8490</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100 shares of GLOBAL PAYMENTS GPN</StockNm>
        <EOYBookValueAmt>19220</EOYBookValueAmt>
        <EOYFMVAmt>12700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of HARTFORD FINANCIAL HIG</StockNm>
        <EOYBookValueAmt>28505</EOYBookValueAmt>
        <EOYFMVAmt>40190</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of FIDELITY NATIONAL FINL FNF</StockNm>
        <EOYBookValueAmt>23520</EOYBookValueAmt>
        <EOYFMVAmt>25510</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of PNC FINANCIAL SERVICE PNC</StockNm>
        <EOYBookValueAmt>71902</EOYBookValueAmt>
        <EOYFMVAmt>77425</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of NORTHWEST BANCSHARES NWBI</StockNm>
        <EOYBookValueAmt>6170</EOYBookValueAmt>
        <EOYFMVAmt>6240</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 shares of NISOURCE INC NI</StockNm>
        <EOYBookValueAmt>29945</EOYBookValueAmt>
        <EOYFMVAmt>26550</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of MEDTRONIC PLC MDT</StockNm>
        <EOYBookValueAmt>21715</EOYBookValueAmt>
        <EOYFMVAmt>16476</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of INVESCO SP 500 GARP SPGP</StockNm>
        <EOYBookValueAmt>52568</EOYBookValueAmt>
        <EOYFMVAmt>58824</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>400 shares of SPDR SP MID CAP 400 ETF MDY</StockNm>
        <EOYBookValueAmt>125321</EOYBookValueAmt>
        <EOYFMVAmt>202952</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>600 shares of SCHWAB US DIVIDEND EQUITY ETF SCHD</StockNm>
        <EOYBookValueAmt>42838</EOYBookValueAmt>
        <EOYFMVAmt>45678</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of VANGUARD MID CAP VALUE ETF VOE</StockNm>
        <EOYBookValueAmt>17780</EOYBookValueAmt>
        <EOYFMVAmt>29002</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100 shares of VANGUARD VALUE ETF VTV</StockNm>
        <EOYBookValueAmt>25679</EOYBookValueAmt>
        <EOYFMVAmt>29900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 shares of CITIZENS FINANCIAL CFG</StockNm>
        <EOYBookValueAmt>33015</EOYBookValueAmt>
        <EOYFMVAmt>26512</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>400 shares of FIFTH THIRD BANCORP FITB</StockNm>
        <EOYBookValueAmt>14016</EOYBookValueAmt>
        <EOYFMVAmt>13796</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 shares of FIRST HORIZON CORP FHN</StockNm>
        <EOYBookValueAmt>18369</EOYBookValueAmt>
        <EOYFMVAmt>14160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1800 shares of LINCOLN NATIONAL LNC</StockNm>
        <EOYBookValueAmt>104879</EOYBookValueAmt>
        <EOYFMVAmt>48546</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 shares of METLIFE MET</StockNm>
        <EOYBookValueAmt>18463</EOYBookValueAmt>
        <EOYFMVAmt>19839</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1570 shares of ORGANONA OGN</StockNm>
        <EOYBookValueAmt>53070</EOYBookValueAmt>
        <EOYFMVAmt>22639</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3000 shares of WESTERN UNION CO WU</StockNm>
        <EOYBookValueAmt>57825</EOYBookValueAmt>
        <EOYFMVAmt>35760</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of PACIFIIC GAS ELEC PFD PCG.A</StockNm>
        <EOYBookValueAmt>9665</EOYBookValueAmt>
        <EOYFMVAmt>10405</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of ELANCO ANIMAL HEALTH ELAN</StockNm>
        <EOYBookValueAmt>7694</EOYBookValueAmt>
        <EOYFMVAmt>7450</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100 shares of ABBVIE INC ABBV</StockNm>
        <EOYBookValueAmt>14291</EOYBookValueAmt>
        <EOYFMVAmt>15497</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 shares of EASTERN BANKSHARES EBC</StockNm>
        <EOYBookValueAmt>14500</EOYBookValueAmt>
        <EOYFMVAmt>14200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>200 shares of EVERSOURCE ENERGY ES</StockNm>
        <EOYBookValueAmt>14826</EOYBookValueAmt>
        <EOYFMVAmt>12344</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of FEDERATED HERMES INC FHI</StockNm>
        <EOYBookValueAmt>21333</EOYBookValueAmt>
        <EOYFMVAmt>16930</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>100 shares of GOLDMAN SACHS GS</StockNm>
        <EOYBookValueAmt>34698</EOYBookValueAmt>
        <EOYFMVAmt>38577</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>795 shares of KENVUE INC KVUE</StockNm>
        <EOYBookValueAmt>17178</EOYBookValueAmt>
        <EOYFMVAmt>17117</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of KRAFT HEINZ KHC</StockNm>
        <EOYBookValueAmt>20170</EOYBookValueAmt>
        <EOYFMVAmt>18490</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>82 shares of MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>30287</EOYBookValueAmt>
        <EOYFMVAmt>30835</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 shares of OLD NATIONAL BANCORP ONB</StockNm>
        <EOYBookValueAmt>17170</EOYBookValueAmt>
        <EOYFMVAmt>16890</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>700 shares of ASSURED GUARANTY AGO</StockNm>
        <EOYBookValueAmt>51990</EOYBookValueAmt>
        <EOYFMVAmt>52381</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of ELLINGTON FINL CUML PFD SER B EFC.B</StockNm>
        <EOYBookValueAmt>9995</EOYBookValueAmt>
        <EOYFMVAmt>9825</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>700 shares of FIRST HORIZON PFD SER C FHN.C</StockNm>
        <EOYBookValueAmt>15987</EOYBookValueAmt>
        <EOYFMVAmt>16443</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 shares of JACKSON FINL PFD SER A JXN.A</StockNm>
        <EOYBookValueAmt>6433</EOYBookValueAmt>
        <EOYFMVAmt>7572</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1000 shares of KEYCORP PFD SER H KEY.L</StockNm>
        <EOYBookValueAmt>21450</EOYBookValueAmt>
        <EOYFMVAmt>21460</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 shares of MIDLAND STATE BANCORP PFD MSBIP</StockNm>
        <EOYBookValueAmt>7715</EOYBookValueAmt>
        <EOYFMVAmt>7290</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>800 shares of NISOURCE INC PERPT PFD NI.B</StockNm>
        <EOYBookValueAmt>19220</EOYBookValueAmt>
        <EOYFMVAmt>19968</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1600 shares of PACIFIC GAS ELEC PFD SER D PCG.D</StockNm>
        <EOYBookValueAmt>26047</EOYBookValueAmt>
        <EOYFMVAmt>27182</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 shares of SYNCHRONY FINL PFD SER A SYF.A</StockNm>
        <EOYBookValueAmt>9770</EOYBookValueAmt>
        <EOYFMVAmt>8625</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>300 shares of TRIUMPH FIN PERPTL PFD TFINP</StockNm>
        <EOYBookValueAmt>7370</EOYBookValueAmt>
        <EOYFMVAmt>6345</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>40 shares of US BANCORP PFD SER A USB.A</StockNm>
        <EOYBookValueAmt>30920</EOYBookValueAmt>
        <EOYFMVAmt>32729</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="990PF:132" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>HP ELITE BOOK X360 G7</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2759</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1655</AccumulatedDepreciationAmt>
        <BookValueAmt>1104</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="990PF:111" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <LegalFeesGrp>
        <CategoryTxt>Legal Fees</CategoryTxt>
        <LegalFeesAmt>49</LegalFeesAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="990PF:115" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <OtherExpensesScheduleGrp>
        <Desc>US Post Office</Desc>
        <RevenueAndExpensesPerBooksAmt>69</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Expense</Desc>
        <RevenueAndExpensesPerBooksAmt>479</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:110" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <OtherIncomeDetail>
        <Desc>Return of CAPITAL WPC WMB PCG.A PCG.D</Desc>
        <RevenueAndExpensesPerBooksAmt>-2336</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NLOP Net Lease Office Property Spin Off from WPC Carey</Desc>
        <RevenueAndExpensesPerBooksAmt>153</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="990PF:133" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <OtherIncreasesDetail>
        <Desc>NLOP WPC ACTUAL 142.89</Desc>
        <Amt>143</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="990PF:113" softwareId="23017665" softwareVersionNum="23.1.0.0"></OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="990PF:124" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <SubstantialContributorDetail>
        <PersonNm>THOMAS A RUDER</PersonNm>
        <USAddress>
          <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
          <CityNm>EVANSVILLE</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>477280482</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
      <SubstantialContributorDetail>
        <PersonNm>SHARON K RUDER</PersonNm>
        <USAddress>
          <AddressLine1Txt>PO BOX 2482</AddressLine1Txt>
          <CityNm>EVANSVILLE</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>477280482</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="990PF:114" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>5</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Federal Taxes Prior Year</CategoryTxt>
        <Amt>761</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Federal Current Year Tax Payments</CategoryTxt>
        <Amt>3080</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
