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      <PreparerPersonNm>BRYAN L PALFREYMAN</PreparerPersonNm>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1554 SHS JEFFERIES FINL GRP INC</PropertyDesc>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>5 SHS NVR INC</PropertyDesc>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100000 SHS VNGRD FEDL MMKT INVS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100000 SHS VNGRD FEDL MMKT INVS</PropertyDesc>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>085551 SHS VITESSE ENERGY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>011849 SHS VITESSE ENERGY INC</PropertyDesc>
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        <CapitalGainNetIncomeAmt>67624</CapitalGainNetIncomeAmt>
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        <SubtitleATaxAmt>0</SubtitleATaxAmt>
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        <TotalPaymentsAndCreditsAmt>9577</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>7685</OverpaymentAmt>
        <AppliedToESTaxAmt>7685</AppliedToESTaxAmt>
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      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
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        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
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        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
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        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>DAVID L PALFREYMAN</IndividualWithBooksNm>
        <PhoneNum>2083230726</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>5001 FIFESHIRE PLACE NORTH</AddressLine1Txt>
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          <StateAbbreviationCd>ID</StateAbbreviationCd>
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        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
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        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
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          <PersonNm>CHARLOTTE P CORDDRY</PersonNm>
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            <AddressLine1Txt>4601 GULF SHORE BLVD NORTH</AddressLine1Txt>
            <CityNm>NAPLES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34103</ZIPCd>
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          <TitleTxt>PRESIDENT</TitleTxt>
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        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID L PALFREYMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>5001 FIFESHIRE PLACE NORTH</AddressLine1Txt>
            <CityNm>BOISE</CityNm>
            <StateAbbreviationCd>ID</StateAbbreviationCd>
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          <TitleTxt>SECRETARYTREASURER</TitleTxt>
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          <TitleTxt>DIRECTOR</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TIMOTHY N CORDDRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>2801 NORTH JUNETT</AddressLine1Txt>
            <CityNm>TACOMA</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN M CORDDRY</PersonNm>
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            <AddressLine1Txt>462 WEST RIDGELINE DRIVE</AddressLine1Txt>
            <CityNm>BOISE</CityNm>
            <StateAbbreviationCd>ID</StateAbbreviationCd>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
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        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
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        <DistributableAsAdjustedAmt>251284</DistributableAsAdjustedAmt>
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        <QualifyingDistributionsAmt>199700</QualifyingDistributionsAmt>
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            <ZIPCd>32789</ZIPCd>
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          <RecipientRelationshipTxt>NA</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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          <RelatedOrExemptFunctionIncmAmt>2004</RelatedOrExemptFunctionIncmAmt>
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        <GainSalesAstOthThanInvntryGrp>
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        <SubtotalsIncmProducingActyGrp>
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        <TotalIncomeProducingActyAmt>167877</TotalIncomeProducingActyAmt>
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          <LineNumberTxt>03</LineNumberTxt>
          <RelationshipStatementTxt>INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS - INTEREST INCOME2004 DERIVED INTEREST ON CERTIFICATES OF DEPOSIT AND CASHINVESTMENTS HELD AT DA DAVIDSON &amp; CO</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>04</LineNumberTxt>
          <RelationshipStatementTxt>DIVIDENDS AND INTEREST 98249 FROM SECURITIES WAS DERIVED FROMCOMMON STOCKS MUTUAL FUNDS AND CORPORATE BONDS HELD AT DA DAVIDSON&amp; CO</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>08</LineNumberTxt>
          <RelationshipStatementTxt>GAIN ON SALES OF ASSETS OTHER THAN INVENTORY 67624 WAS DERIVEDFROM THE SALE OF CORPORATE STOCK HELD AT DA DAVISON THE INCOMEDERIVED FROM SOURCES DESCRIBED ABOVE PROVIDED THE FOUNDATION WITHLIQUIDITY TO MAKE CONTRIBUTIONS TO OTHER CHARITABLE OR</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="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>2383</Amt>
        <NetInvestmentIncomeAmt>2383</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>1750388</EOYBookValueAmt>
        <EOYFMVAmt>4466764</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS</CategoryOrItemTxt>
        <BookValueAmt>957088</BookValueAmt>
        <EOYFMVAmt>970808</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>DA DAVIDSON &amp; CO</Desc>
        <RevenueAndExpensesPerBooksAmt>30274</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>30274</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="STM106">
      <OtherIncomeDetail>
        <Desc>SECURITIES LITIGATION</Desc>
        <RevenueAndExpensesPerBooksAmt>902</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>902</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="STM115">
      <OtherIncreasesDetail>
        <Desc>APPRECIATION OF GIFTED STOCK</Desc>
        <Amt>163712</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <SubstantialContributorsSch documentId="STM114">
      <SubstantialContributorDetail>
        <PersonNm>CHARLOTTE P CORDDRY</PersonNm>
        <USAddress>
          <AddressLine1Txt>4601 GULF SHORE BLV N14 THE ENCLAVE</AddressLine1Txt>
          <CityNm>NAPLES</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>34103</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
  </ReturnData>
</Return>
