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        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
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        <ExcessDistriCyovToNextYrAmt>7344848</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1008699</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>1951937</ExcessFromYear3Amt>
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        <ExcessFromYear1Amt>1256893</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>2457493</ExcessFromCurrentYearAmt>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>CHARLES T AKRE JR</ContributingManagerNm>
        <ContributingManagerNm>DEANNA S AKRE</ContributingManagerNm>
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          </RecipientBusinessName>
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        <GrantOrContributionPdDurYrGrp>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FAUQUIER EDUCATION FARM</BusinessNameLine1Txt>
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            <StateAbbreviationCd>VA</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientUSAddress>
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            <CityNm>WARRENTON</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>20188</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HEADWATERS - THE RAPPAHANNOCK COUNTY PUBLIC EDUCTION FOUNDATION INC</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 114</AddressLine1Txt>
            <CityNm>SPERRYVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22740</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KNOX COUNTY HOMELESS COALITION</BusinessNameLine1Txt>
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            <CityNm>ROCKLAND</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04841</ZIPCd>
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          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LITTLE SISTER'S FUND</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 715</AddressLine1Txt>
            <CityNm>KETCHUM</CityNm>
            <StateAbbreviationCd>ID</StateAbbreviationCd>
            <ZIPCd>83340</ZIPCd>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PATH PARTNERSHIPS</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>VA</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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            <CityNm>SPERRYVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22740</ZIPCd>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RAPPAHANNOCK COUNTY BROADBAND AUTHORITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22747</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOVERNMENT AGENCY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF PUBLIC BROADBAND AUTHORITY</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SUNY COLLEGE OF ENVIRONMENTAL SCIENCE AND FORESTRY</BusinessNameLine1Txt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
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      <TrnsfrTransRlnNonchrtblEOGrp>
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        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
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    <IRS990ScheduleB documentId="RetDoc1234500001">
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      <GeneralRuleInd>X</GeneralRuleInd>
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        <ContributorPersonNm>CHARLES T AKRE JR</ContributorPersonNm>
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          <AddressLine1Txt>PO BOX 1540</AddressLine1Txt>
          <CityNm>MIDDLEBURG</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>20118</ZIPCd>
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        <PersonContributionInd>X</PersonContributionInd>
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        <DisbursementsCharitablePrpsAmt>3681</DisbursementsCharitablePrpsAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LAMAR ADVERTISING CO</StockNm>
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        <CategoryOrItemTxt>BRADDOCK PARTNERS OFFSHORE, LP</CategoryOrItemTxt>
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        <EOYFMVAmt>1330323</EOYFMVAmt>
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  </ReturnData>
</Return>