<?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>2024-05-13T13:50:51-07:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>208257738</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Cole &amp; Company CPAs PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2925 NW 156th St</AddressLine1Txt>
        <CityNm>Edmond</CityNm>
        <StateAbbreviationCd>OK</StateAbbreviationCd>
        <ZIPCd>73013</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>326048304</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DAVIS-MCELMURRY CHARITABLE TRUST</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DAVI</BusinessNameControlTxt>
      <PhoneNum>5803231516</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 1507</AddressLine1Txt>
        <CityNm>CLINTON</CityNm>
        <StateAbbreviationCd>OK</StateAbbreviationCd>
        <ZIPCd>73601</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>AARON P GRAFT</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <SignatureDt>2024-04-24</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>AARON</PersonFirstNm>
        <PersonLastNm>GRAFT</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>R Brett Cole</PreparerPersonNm>
      <PTIN>P00296047</PTIN>
      <PhoneNum>4054184444</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</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="9">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="23017517" softwareVersionNum="2023v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>5342979</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>43011</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>43011</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>101658</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>101658</DividendsNetInvstIncmAmt>
        <GrossRentsRevAndExpnssAmt>70220</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>70220</GrossRentsNetInvstIncmAmt>
        <NetRentalIncomeOrLossAmt>70220</NetRentalIncomeOrLossAmt>
        <NetGainSaleAstRevAndExpnssAmt>67001</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>112358</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>67001</CapGainNetIncmNetInvstIncmAmt>
        <GrossSalesLessRetAndAllwncAmt>20337</GrossSalesLessRetAndAllwncAmt>
        <GrossProfitRevAndExpnssAmt>20337</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">14915</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1474</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>13441</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>317142</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>283364</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>13441</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>36000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>24000</CompOfcrDirTrstNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule">9325</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>9325</LegalFeesNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">11005</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>11005</AccountingFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">22579</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>22579</TaxesNetInvstIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule">1600</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>1600</DeprecAndDpltnNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">5043</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>5043</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>85552</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>73552</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>601923</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>601923</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>687475</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>73552</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>601923</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-370333</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>209812</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>13441</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>76912</CashBOYAmt>
        <SavAndTempCashInvstBOYAmt>3208745</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>2948784</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>3958763</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>629503</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>654359</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>629503</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>629503</OtherNtsAndLoansRcvblEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>57237</InvstLandCostOrOtherBasisAmt>
        <LandBldgInvestmentsBOYAmt>57237</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="InvestmentsLandSchedule2">57237</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>57237</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>10659</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>10926</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>10926</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>699578</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>20300</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>688150</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">679278</LandEOYAmt>
        <LandEOYFMVAmt>686550</LandEOYFMVAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">1</OtherAssetsEOYAmt>
        <TotalAssetsBOYAmt>4696062</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4325729</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>5342979</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>4395424</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>4395424</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>300638</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>-69695</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4696062</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4325729</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4696062</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4325729</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4696062</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-370333</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4325729</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>4325729</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>EDWARD JONES (ST-COV'D)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-05-04</AcquiredDt>
          <SoldDt>2023-05-25</SoldDt>
          <GrossSalesPriceAmt>104380</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>38085</CostOrOtherBasisAmt>
          <GainOrLossAmt>66295</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>66295</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TOTAL CAPITAL GAIN DISTRIBUTIONS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>706</GrossSalesPriceAmt>
          <GainOrLossAmt>706</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>706</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONEOK INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2023-12-05</SoldDt>
          <GrossSalesPriceAmt>7272</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7272</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>67001</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2916</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>2916</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2916</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>11600</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>11600</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>8684</OverpaymentAmt>
        <AppliedToESTaxAmt>8684</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>OK</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>AARON P GRAFT</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>5803231516</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>525 N 6TH ST</AddressLine1Txt>
          <CityNm>CLINTON</CityNm>
          <StateAbbreviationCd>OK</StateAbbreviationCd>
          <ZIPCd>73601</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>AARON P GRAFT</PersonNm>
          <USAddress>
            <AddressLine1Txt>12700 PARK CENTRAL DR STE1700</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75251</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>36000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3735824</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>155309</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1393675</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5284808</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5284808</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>79272</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5205536</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>260277</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>260277</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2916</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2916</TotalTaxAmt>
        <DistributableBeforeAdjAmt>257361</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>257361</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>257361</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>601923</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>601923</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>257361</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>167075</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>601923</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>167075</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>257361</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>177487</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>177487</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>177487</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>177487</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SOUTHWESTERN OKLAHOMA STATE UNIV FD</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>100 CAMPUS DRIVE</AddressLine1Txt>
            <CityNm>WEATHERFORD</CityNm>
            <StateAbbreviationCd>OK</StateAbbreviationCd>
            <ZIPCd>73096</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NOT APPLICABLE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>200641</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CLINTON SCHOOL FUND</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2130 WEST GARY BOULEVARD</AddressLine1Txt>
            <CityNm>CLINTON</CityNm>
            <StateAbbreviationCd>OK</StateAbbreviationCd>
            <ZIPCd>73601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NOT APPLICABLE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>100320</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OKLAHOMA MEDICAL RESEARCH FDN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>825 NE 13TH STREET</AddressLine1Txt>
            <CityNm>OKLAHOMA CITY</CityNm>
            <StateAbbreviationCd>OK</StateAbbreviationCd>
            <ZIPCd>73104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NOT APPLICABLE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEDICAL RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>300962</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>601923</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
          <Desc>PATRONAGE DIVIDEND</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1474</ExclusionAmt>
        </ProgramServiceRevenueDtl>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>43011</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>101658</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>70220</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>13441</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>67001</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <GrossProfitLossSlsOfInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>20337</ExclusionAmt>
        </GrossProfitLossSlsOfInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>317142</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>317142</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="AccountingFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>6600</Amt>
        <NetInvestmentIncomeAmt>6600</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREP FEES</CategoryTxt>
        <Amt>4405</Amt>
        <NetInvestmentIncomeAmt>4405</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2017-01-14</AcquiredDt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>10350</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20.0000</LifeRt>
        <CurrentYearExpenseAmt>600</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2016-04-14</AcquiredDt>
        <CostOrOtherBasisAmt>4000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3450</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20.0000</LifeRt>
        <CurrentYearExpenseAmt>200</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WATER DRAINAGE SYSTEM</PropertyDesc>
        <AcquiredDt>2017-12-30</AcquiredDt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4900</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0667</Rt>
        <CurrentYearExpenseAmt>800</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsLandSchedule2 documentId="InvestmentsLandSchedule2" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>57237</CostOrOtherBasisAmt>
        <BookValueAmt>57237</BookValueAmt>
        <EOYFMVAmt>57237</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="23017517" softwareVersionNum="2023v5.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>28000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>20300</AccumulatedDepreciationAmt>
        <BookValueAmt>7700</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>671578</CostOrOtherBasisAmt>
        <BookValueAmt>671578</BookValueAmt>
        <EOYFMVAmt>686550</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>9325</LegalFeesAmt>
        <NetInvestmentIncomeAmt>9325</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>3955</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3955</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>78</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>78</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RENT &amp; ROYALTY EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1010</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1010</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherIncomeDetail>
        <Desc>Other Investment Income</Desc>
        <RevenueAndExpensesPerBooksAmt>13441</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>13441</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>PATRONAGE DIVIDEND</Desc>
        <RevenueAndExpensesPerBooksAmt>1474</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1474</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>1382</Amt>
        <NetInvestmentIncomeAmt>1382</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>INCOME TAXES PAID</CategoryTxt>
        <Amt>19099</Amt>
        <NetInvestmentIncomeAmt>19099</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES PAID</CategoryTxt>
        <Amt>2098</Amt>
        <NetInvestmentIncomeAmt>2098</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
