﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.1" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-11-15T06:46:43-08:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>272660142</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Helen V Wiley CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>404 S Main Street</AddressLine1Txt>
        <CityNm>Burnet</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>78611</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>741727344</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Bertram Development Company Inc</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BERT</BusinessNameControlTxt>
      <PhoneNum>5127873178</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO Box 662</AddressLine1Txt>
        <CityNm>Bertram</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>78605</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Cheryl Shipp</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <PhoneNum>5127873178</PhoneNum>
      <SignatureDt>2024-11-13</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Helen V Wiley CPA</PreparerPersonNm>
      <PTIN>P01076392</PTIN>
      <PhoneNum>5127561000</PhoneNum>
      <PreparationDt>2024-11-14</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF-01">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1185811</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>500</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>10462</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>10462</InterestOnSavNetInvstIncmAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <GrossProfitRevAndExpnssAmt>0</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt>0</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>10962</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>10462</TotalNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt>0</LegalFeesRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule-01" referenceDocumentName="AccountingFeesSchedule">4631</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>4631</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt>0</OtherProfFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule-01" referenceDocumentName="TaxesSchedule">98</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>98</TaxesNetInvstIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule-01" referenceDocumentName="DepreciationSchedule">12091</DeprecAndDpltnRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule-01" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">1377</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesAdjNetIncmAmt>1377</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>1377</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>18197</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>98</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>1377</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>6008</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>41263</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>41263</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>59460</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>98</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>1377</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>47271</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-48498</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>10364</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>29005</CashBOYAmt>
        <CashEOYAmt>91610</CashEOYAmt>
        <CashEOYFMVAmt>91610</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>781796</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>682784</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>682783</SavAndTempCashInvstEOYFMVAmt>
        <RcvblFromOfficersEOYAmt>0</RcvblFromOfficersEOYAmt>
        <OtherNtsAndLoansRcvblBOYAmt>0</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>0</OtherNtsAndLoansRcvblEOYAmt>
        <LandBldgInvestmentsEOYAmt>0</LandBldgInvestmentsEOYAmt>
        <OtherInvestmentsEOYAmt>0</OtherInvestmentsEOYAmt>
        <LandBldgEquipCostOrOtherBssAmt>354871</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>89370</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>277592</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2-01" referenceDocumentName="LandEtcSchedule2">265501</LandEOYAmt>
        <LandEOYFMVAmt>411418</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">0</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">0</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">0</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>1088393</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1039895</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1185811</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersEOYAmt>0</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableEOYAmt>0</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesBOYAmt>0</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt>0</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>1088393</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>1039895</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1088393</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1039895</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1088393</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1039895</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1088393</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-48498</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1039895</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1039895</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>144</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>144</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>144</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <OriginalReturnTaxPaidAmt>0</OriginalReturnTaxPaidAmt>
        <TaxDueAmt>144</TaxDueAmt>
        <AppliedToESTaxAmt>0</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>TX</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>Helen V Wiley CPA</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>5127561000</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>404 S Main</AddressLine1Txt>
          <CityNm>Burnet</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>78611</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>true</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Shipp Cheryl</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 662</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Shipp Kimberly</PersonNm>
          <USAddress>
            <AddressLine1Txt>2330 W FM 243</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Taylor Justin</PersonNm>
          <USAddress>
            <AddressLine1Txt>329 RR 1869</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Wiley Helen</PersonNm>
          <USAddress>
            <AddressLine1Txt>2730 N FM 1174</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Barton Beth</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 236</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Taylor Justin</PersonNm>
          <USAddress>
            <AddressLine1Txt>329 RR 1869</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>Community Center - Provide support to a community center for use by local non-profit organizations</Description1Txt>
        <Expenses1Amt>13116</Expenses1Amt>
        <Description2Txt>Scholarships - provided 3 scholarships to deserving graduating seniors from the Bertram area.</Description2Txt>
        <Expenses2Amt>8750</Expenses2Amt>
        <Description3Txt>Burnet County Livestock Show Association Provide support to Bertram area children that participated in Burnet 4-H and FFA programs</Description3Txt>
        <Expenses3Amt>13366</Expenses3Amt>
        <Description4Txt>Bertram Community Activities - Participated and provided sponsorship to community activities that benefit the children of Bertram</Description4Txt>
        <Expenses4Amt>2348</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>785851</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>785851</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>785851</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>11788</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>774063</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>38703</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>38703</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>144</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>144</TotalTaxAmt>
        <DistributableBeforeAdjAmt>38559</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>38559</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>38559</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>47271</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>47271</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>38559</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>35276</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>0</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>0</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>16196</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>30638</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>82110</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>47271</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>47271</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>129381</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>38559</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>35276</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>94105</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>16196</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>30638</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>47271</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Bertram Development Company Inc</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 662</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5123552615</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Scholarship form provided by Burnet High School; Letter for any other request</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Scholarship deadline provided by Burnet High School</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>For the benefit of Bertram area residents</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Burnet County FFA &amp; 4H Livestock Show Association</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 1074</AddressLine1Txt>
            <CityNm>Burnet</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78611</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(c)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Donation</GrantOrContributionPurposeTxt>
          <Amt>13366</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bertram Community Activities</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Various</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>None</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide supportfor various community activities.</GrantOrContributionPurposeTxt>
          <Amt>2348</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Caitlynne Graves</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3670 CR 236</AddressLine1Txt>
            <CityNm>Liberty Hill</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78642</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Alex Holman</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 1137</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bertram Community Center</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>340 South Gabriel</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide a locationfor non-profitorganizations to meet</GrantOrContributionPurposeTxt>
          <Amt>13299</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bertram Elementary</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>315 Main St</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Supplies and activitiesfor Bertram elementary school</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Veterans Memorial</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Hwy 29</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Maintenance forlocal veterans memorial</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Brice Duke</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 662</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Jackson Crawford</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1841 CR 258</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Katelyn Moore</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 662</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Christina Graves</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3670 CR 236</AddressLine1Txt>
            <CityNm>Liberty Hill</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78642</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Melany Silva Presas</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 662</AddressLine1Txt>
            <CityNm>Bertram</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78605</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Non</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>41263</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>10462</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>10462</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>10462</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>3</LineNumberTxt>
          <RelationshipStatementTxt>Interest income on cash accounts to be used for the benefit of</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>3</LineNumberTxt>
          <RelationshipStatementTxt>Bertram area residents.</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-01">
      <AccountingFeesDetail>
        <CategoryTxt>Helen V Wiley Tax Return</CategoryTxt>
        <Amt>4631</Amt>
        <DisbursementsCharitablePrpsAmt>4631</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule-01">
      <DepreciationPropertyGrp>
        <PropertyDesc>Community Building</PropertyDesc>
        <AcquiredDt>2017-04-26</AcquiredDt>
        <CostOrOtherBasisAmt>227224</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>33257</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>5826</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Mower</PropertyDesc>
        <AcquiredDt>2017-07-27</AcquiredDt>
        <CostOrOtherBasisAmt>590</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>255</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>27</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Veterans Memorial</PropertyDesc>
        <AcquiredDt>2018-04-12</AcquiredDt>
        <CostOrOtherBasisAmt>121284</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>37699</PriorYearDepreciationAmt>
        <ComputationMethodTxt>150DB</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>6238</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Acoustic Panels</PropertyDesc>
        <AcquiredDt>2021-07-03</AcquiredDt>
        <CostOrOtherBasisAmt>2998</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Electric Range</PropertyDesc>
        <AcquiredDt>2021-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>1009</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>5 Round Folding Tables</PropertyDesc>
        <AcquiredDt>2022-02-12</AcquiredDt>
        <CostOrOtherBasisAmt>1766</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2-01">
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>21210</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>21210</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Community Building</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>227224</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>39083</AccumulatedDepreciationAmt>
        <BookValueAmt>188141</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>590</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>577</AccumulatedDepreciationAmt>
        <BookValueAmt>13</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Memorial</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>100074</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>43937</AccumulatedDepreciationAmt>
        <BookValueAmt>56137</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Electric Range</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1009</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1009</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Acoustic Panels</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2998</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2998</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>5 Tables</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1766</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1766</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule-01">
      <OtherAssetsScheduleGrp>
        <Desc>Construction in progress Comm Bldg</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Construction in progress Memorial</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>Safety Deposit Box Rent</Desc>
        <RevenueAndExpensesPerBooksAmt>80</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>80</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>80</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Supplies</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>43</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>43</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>43</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Membership Dues</Desc>
        <RevenueAndExpensesPerBooksAmt>95</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>95</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>95</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>1159</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>1159</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1159</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>Federal Excise Tax</CategoryTxt>
        <Amt>98</Amt>
        <NetInvestmentIncomeAmt>98</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>