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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL</GrantOrContributionPurposeTxt>
          <Amt>11355</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TROY PUBLIC RADIO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>TROY UNIVERSITY</AddressLine1Txt>
            <AddressLine2Txt>WALLACE HALL</AddressLine2Txt>
            <CityNm>TROY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36082</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL</GrantOrContributionPurposeTxt>
          <Amt>29000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>254355</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>90939</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>90939</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>90939</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>2050</Amt>
        <DisbursementsCharitablePrpsAmt>2050</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>HENDERSON BANCSHARES</StockNm>
        <EOYBookValueAmt>2488320</EOYBookValueAmt>
        <EOYFMVAmt>6791662</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <USGovtObligationsBookVlEOYAmt>13408</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>13408</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LegalFeesSchedule documentId="RetDoc5">
      <LegalFeesGrp>
        <CategoryTxt>INDIRECT LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>5493</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>5493</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc6">
      <OtherLiabilitiesDetail>
        <Desc>LINE OF CREDIT</Desc>
        <EOYBookValueAmt>230000</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <ReductionExplanationStatement documentId="RetDoc7">
      <ShortExplanationTxt>HENDERSON BANCSHARES IS A PRIVATE COMPANY WHICH IS NOT TRADED ON AN EXCHANGE. STOCK IS TRADED ON AN INFREQUENT BASIS. THE CORLEY CHAPMAN TRUST OWNS 5% OF THE TOTAL STOCK OUTSTANDING. THE BLOCK OF STOCK COULD NOT BE LIQUIDATED QUICKLY WITHOUT DEPRESSING THE MARKET SIGNIFICANTLY. BECAUSE THE COMPANY IS PRIVATE, THE STOCK HAS INFREQUENT OF TRADES, AND THE VOLUME OF STOCK OWNED BY THE TRUST, THE TRUSTEE BELIEVES THE LARGEST BLOCK DISCOUNT OF 10% ALLOWABLE IS WARRANTED.</ShortExplanationTxt>
    </ReductionExplanationStatement>
  </ReturnData>
</Return>
