<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-05-15T09:13:36-07:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>873344931</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>CASEY LESUEUR GETZ CPAS PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2824 N POWER RD STE 113-388</AddressLine1Txt>
        <CityNm>MESA</CityNm>
        <StateAbbreviationCd>AZ</StateAbbreviationCd>
        <ZIPCd>85215</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>203503202</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Ibis Foundation of Arizona</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>co Casey LeSueur Getz CPAs PLLC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>IBIS</BusinessNameControlTxt>
      <PhoneNum>4806582141</PhoneNum>
      <USAddress>
        <AddressLine1Txt>2824 N Power Road SUITE 113-388</AddressLine1Txt>
        <CityNm>Mesa</CityNm>
        <StateAbbreviationCd>AZ</StateAbbreviationCd>
        <ZIPCd>85215</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DENISE ANDRIELLO-HIGGINS</PersonNm>
      <PersonTitleTxt>CO-TRUSTEE</PersonTitleTxt>
      <SignatureDt>2024-05-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>DENISE</PersonFirstNm>
        <PersonLastNm>ANDRIELLO-HIGGINS</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>TJ Casey CPA</PreparerPersonNm>
      <PTIN>P00545128</PTIN>
      <PhoneNum>4806582141</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>0</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
        <FederatedAssuranceLevelCd>FAL1</FederatedAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="23017517" softwareVersionNum="2023v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>16620793</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>376932</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>376932</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>314554</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>3133663</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>314554</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">697</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>697</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>692183</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>692183</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">9800</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>8800</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>1000</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">120334</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>120334</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">3017</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>3017</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">2303</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>2058</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>245</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>135454</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>134209</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1245</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>567500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>567500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>702954</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>134209</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>568745</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-10771</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>557974</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>37192</CashBOYAmt>
        <CashEOYAmt>17200</CashEOYAmt>
        <CashEOYFMVAmt>17200</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>927671</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1087537</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1087537</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>10238935</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">11529367</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>11529367</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>2242469</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">2298487</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>2298487</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1510618</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">1680696</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>1680696</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">7264</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">7506</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">7506</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>14964149</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>16620793</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>16620793</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabilitiesSchedule">21955</OtherLiabilitiesBOYAmt>
        <TotalLiabilitiesBOYAmt>21955</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>9181248</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>9181248</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>5760946</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>7439545</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>14942194</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>16620793</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>14964149</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>16620793</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>14942194</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-10771</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">1689370</OtherIncreasesAmt>
        <SubtotalAmt>16620793</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>16620793</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>US TRUST SHORT TERM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>1325287</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1263031</CostOrOtherBasisAmt>
          <GainOrLossAmt>62256</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>62256</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>US TRUST LONG TERM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>1631768</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1388163</CostOrOtherBasisAmt>
          <GainOrLossAmt>243605</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>243605</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INVESCO DB COMMODITY INDEX TRACKING FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-01-16</AcquiredDt>
          <SoldDt>2023-04-28</SoldDt>
          <GrossSalesPriceAmt>139711</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>134065</CostOrOtherBasisAmt>
          <GainOrLossAmt>5646</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5646</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>US TRUST CAPITAL GAINS DISTRIBUTION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>36897</GrossSalesPriceAmt>
          <GainOrLossAmt>36897</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>36897</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INVESTCO S/T</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <CostOrOtherBasisAmt>4546</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4546</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4546</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INVESTCO 1256 CONTRACTS &amp; STRADDLES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <CostOrOtherBasisAmt>29304</CostOrOtherBasisAmt>
          <GainOrLossAmt>-29304</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-29304</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>314554</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>7756</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>7756</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>7756</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>16917</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>16917</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>9161</OverpaymentAmt>
        <AppliedToESTaxAmt>9161</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>AZ</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>NA</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>CASEY LESUEUR GETZ CPAS PLLC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>4806582141</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2824 N POWER ROAD SUITE 113-388</AddressLine1Txt>
          <CityNm>MESA</CityNm>
          <StateAbbreviationCd>AZ</StateAbbreviationCd>
          <ZIPCd>85215</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>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DENISE ANDRIELLO-HIGGINS</PersonNm>
          <USAddress>
            <AddressLine1Txt>7098 E COCHISE ROAD 100</AddressLine1Txt>
            <CityNm>SCOTTSDALE</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85253</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID L HIGGINS</PersonNm>
          <USAddress>
            <AddressLine1Txt>7098 E COCHISE ROAD 100</AddressLine1Txt>
            <CityNm>SCOTTSDALE</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85253</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>BANK OF AMERICA PRIVATE BANK</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO BOX 653067</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75265</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MANAGEMENT</ServiceTypeTxt>
          <CompensationAmt>92622</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>14562706</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>955985</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>15518691</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>15518691</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>232780</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>15285911</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>764296</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>764296</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>7756</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>7756</TotalTaxAmt>
        <DistributableBeforeAdjAmt>756540</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>756540</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>756540</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>568745</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>568745</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>756540</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr3Amt>218658</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>343355</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>270252</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>832265</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>568745</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>568745</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>187795</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>187795</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>644470</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>644470</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>30863</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>343355</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>270252</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>A New Leaf</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>868 E University Drive</AddressLine1Txt>
            <CityNm>Mesa</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85203</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Housing Support Services; West Valley Housing Assistance Center Wireless Access Control System and Upright Reach-In Freezer</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Control Alt Delete</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3061 E Mallory Street</AddressLine1Txt>
            <CityNm>Mesa</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85213</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Escape Domestic Violence - Hotel Stay for 2 Nights</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Helping Hands for Single Moms</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>360 East Coronado Road Suite 150</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85004</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Single Mom Scholarship Plus program</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Hushabye Nursery</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3003 E McDowell Road</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85008</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>$1 Million Match from The Bob &amp; Renee Parsons Foundation/General</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Kid in the Corner</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6929 North Hayden Rd Ste C4-126</AddressLine1Txt>
            <CityNm>Scottsdale</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85250</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Penny Pledge Youth Suicide Prevention and Mental Health Awareness Program</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Legacy Connection</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>360 E Coronado Rd Suite 100</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85004</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Legacy Connection Backpack Buddies Project</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The Leukemia Lymphoma Society</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3877 N 7th Street Suite 300</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85014</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LLS Local Financial Assistance for blood cancer patients in the State of Arizona</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Leo Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>24 W Camelback Road Suite A-407</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85013</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LEO Foundation Scholarship Program</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Mountain Park Health Center</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3003 North Central Ave Suite 1600</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85012</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>The Balsz Pediatric Clinic at Mtn. View Park Health Ctr.</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Pathways for Youth Inc</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>901 East Jefferson Street</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85034</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship Fund for At-Risk, Low-Income Phoenix Youth program</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Sonoran University of Health Scienc</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2140 E Broadway Road</AddressLine1Txt>
            <CityNm>Tempe</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85282</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Sonoran University's Tempe Elementary School Clinic</GrantOrContributionPurposeTxt>
          <Amt>37500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Students Supporting Brain Tumor Res</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8390 E Via de Ventura Suite F-110</AddressLine1Txt>
            <CityNm>Scottsdale</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85258</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>567500</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>376932</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>697</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>314554</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>692183</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>692183</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>ALL</LineNumberTxt>
          <RelationshipStatementTxt>LINES - SUPPORT EXEMPT PURPOSE</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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="AccountingFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING AND TAX PREP</CategoryTxt>
        <Amt>9800</Amt>
        <NetInvestmentIncomeAmt>8800</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1000</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentsCorporateBondsGrp>
        <BondNm>ASSETS HELD AT US TRUST</BondNm>
        <EOYBookValueAmt>2298487</EOYBookValueAmt>
        <EOYFMVAmt>2298487</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>ASSETS HELD AT US TRUST</StockNm>
        <EOYBookValueAmt>11529367</EOYBookValueAmt>
        <EOYFMVAmt>11529367</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ASSETS HELD AT US TRUST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1680696</BookValueAmt>
        <EOYFMVAmt>1680696</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherAssetsScheduleGrp>
        <Desc>DIVIDENDS RECEIVABLE</Desc>
        <BOYBookValueAmt>7264</BOYBookValueAmt>
        <EOYBookValueAmt>7506</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>HOSTING DOMAIN EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>191</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>191</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>54</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>54</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXPENSES ON K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>2058</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2058</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherIncomeDetail>
        <Desc>Other Investment Income</Desc>
        <RevenueAndExpensesPerBooksAmt>697</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>697</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT EXPENSES</CategoryTxt>
        <Amt>120334</Amt>
        <NetInvestmentIncomeAmt>120334</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID</CategoryTxt>
        <Amt>3017</Amt>
        <NetInvestmentIncomeAmt>3017</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
