﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-11-26T13:09:37-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>593544776</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>HURD HAWKINS MEYERS &amp; RADOSEVICHPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2299 TALL PINES DRIVE</AddressLine1Txt>
        <CityNm>LARGO</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33771</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>826805949</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DOUG &amp; SALLY BAILEY FOUNDATION TR</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DOUG</BusinessNameControlTxt>
      <PhoneNum>7277264577</PhoneNum>
      <USAddress>
        <AddressLine1Txt>15371 ROOSEVELT BLVD - SUITE 107</AddressLine1Txt>
        <CityNm>CLEARWATER</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>337603501</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JENNIFER N MILEY</PersonNm>
      <PersonTitleTxt>CO-TRUSTEE</PersonTitleTxt>
      <PhoneNum>7275079808</PhoneNum>
      <SignatureDt>2024-11-26</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>JOSEPH A MEYERS II CPA</PreparerPersonNm>
      <PTIN>P00443891</PTIN>
      <PhoneNum>7275011111</PhoneNum>
      <PreparationDt>2024-11-26</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc7">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1367788</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>23937</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>35</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>35</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>35</InterestOnSavingsAdjNetIncmAmt>
        <GrossRentsRevAndExpnssAmt>168656</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>168656</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>168656</GrossRentsAdjNetIncmAmt>
        <NetRentalIncomeOrLossAmt>96140</NetRentalIncomeOrLossAmt>
        <TotalRevAndExpnssAmt>192628</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>168691</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>168691</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc4">2135</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2135</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>2135</AccountingFeesAdjNetIncmAmt>
        <OccupancyRevAndExpnssAmt>47721</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>47721</OccupancyNetInvstIncmAmt>
        <OccupancyAdjNetIncmAmt>47721</OccupancyAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">22660</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>22660</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>22660</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>72516</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>72516</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>72516</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>135000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>135000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>207516</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>72516</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>72516</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>135000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-14888</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>96175</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>96175</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>9968</CashBOYAmt>
        <CashEOYAmt>17788</CashEOYAmt>
        <CashEOYFMVAmt>17788</CashEOYFMVAmt>
        <PrepaidExpensesBOYAmt>48</PrepaidExpensesBOYAmt>
        <InvstLandCostOrOtherBasisAmt>1155000</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>135017</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>1042643</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="RetDoc5">1019983</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>1350000</LandBldgInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1052659</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1037771</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1367788</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>1052659</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>1037771</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1052659</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1037771</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1052659</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1037771</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1052659</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-14888</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1037771</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1037771</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1337</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1337</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1337</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>48</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>3500</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>3548</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc3">X</Form2220AttachedInd>
        <EsPenaltyAmt>72</EsPenaltyAmt>
        <OverpaymentAmt>2139</OverpaymentAmt>
        <AppliedToESTaxAmt>2139</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>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>true</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>JENNIFER N MILEY</IndividualWithBooksNm>
        <PhoneNum>7277264577</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>15371 ROOSEVELT BLVD SUITE 107</AddressLine1Txt>
          <CityNm>CLEARWATER</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33760</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>
        <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>L DOUGLAS BAILEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>3 SEASIDE LANE UNIT 701</AddressLine1Txt>
            <CityNm>BELLEAIR</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33756</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SALLY L BAILEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>3 SEASIDE LANE UNIT 701</AddressLine1Txt>
            <CityNm>BELLEAIR</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33756</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER N MILEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>15371 ROOSEVELT BLVD SUITE 107</AddressLine1Txt>
            <CityNm>CLEARWATER</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33760</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THE FOUNDATION'S PRIMARY PURPOSE IS TO RELIEVE POVERTY AND HUMAN DISTRESS THROUGH PROVIDING NEEDY INDIVIDUALS WITH SCHOLARSHIPS TO OBTAIN EDUCATION IN THE MEDICAL FIELD AND TO TAKE TAKE MUSIC LESSONS. THE SCHOLARSHIPS PROVIDED FOR EDUCATION IN A MEDICAL RELATED CAREER WILL BE GRANTED WITH THE INTENTION THAT THE RECIPIENT OBTAIN A COLLEGE DEGREE AND WORK IN THE MEDICAL FIELD. THE RECIPIENTS THAT OBTAIN SUCH A DEGREE WOULD THEN HAVE THE SKILLS AND KNOWLEDGE NECESSARY SO THAT THEY WILL BECOME FINANCIALLY INDEPENDENT AND SELF-SUFFICIENT ON A GOING FORWARD BASIS. THE INDIVIDUALS RECEIVING THESE SCHOLARSHIPS WILL BE ENCOURAGED TO PROVIDE SERVICES AT NOT-FOR-PROFIT HOSPITALS, CLINICS, AND OTHER ENTITIES OWNED AND OPERATED BY NOT-FOR-PROFIT HOSPITALS AND OTHER ENTITIES DURING THEIR EDUCATIONAL YEARS AND THEREAFTER. THE FOUNDATION WILL ALSO PROVIDE GRANTS FOR MUSIC LESSONS. THESE GRANTS WILL PROMOTE THE ARTS AND WILL ENCOURAGE STUDENTS TO FIND AND DEVELOP THEIR MUSICAL TALENT. THE STUDENTS RECE</Description1Txt>
        <Expenses1Amt>135000</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>12128</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1350000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1362128</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1362128</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>20432</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1341696</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>67085</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>135000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>135000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <QualifyingDistributionsAmt>135000</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>135000</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>135000</TotalCorpusAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>67085</CurrentYearAmt>
          <Year1Amt>64843</Year1Amt>
          <Year2Amt>65214</Year2Amt>
          <Year3Amt>59100</Year3Amt>
          <TotalAmt>256242</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>57022</CurrentYearAmt>
          <Year1Amt>55117</Year1Amt>
          <Year2Amt>55432</Year2Amt>
          <Year3Amt>50235</Year3Amt>
          <TotalAmt>217806</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>135000</CurrentYearAmt>
          <Year1Amt>135000</Year1Amt>
          <Year2Amt>135000</Year2Amt>
          <Year3Amt>135000</Year3Amt>
          <TotalAmt>540000</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>135000</CurrentYearAmt>
          <Year1Amt>135000</Year1Amt>
          <Year2Amt>135000</Year2Amt>
          <Year3Amt>135000</Year3Amt>
          <TotalAmt>540000</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>44723</CurrentYearAmt>
          <Year1Amt>43229</Year1Amt>
          <Year2Amt>43476</Year2Amt>
          <Year3Amt>39400</Year3Amt>
          <TotalAmt>170828</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MORTON PLANT MEASE HEALTH CARE FDN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1200 DRUID RD S</AddressLine1Txt>
            <CityNm>CLEARWATER</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33756</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>FOR SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RUTH ECKERD HALL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1111 MCMULLEN BOOTH RD</AddressLine1Txt>
            <CityNm>CLEARWATER</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33759</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>FOR SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>135000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>35</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>96140</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>96175</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>96175</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>DOUGLAS AND SALLY BAILEY</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3 SEASIDE LANE UNIT 701</AddressLine1Txt>
          <CityNm>BELLEAIR</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33756</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>23937</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc4">
      <AccountingFeesDetail>
        <CategoryTxt>COMMERCIAL RENTAL PROPERTY</CategoryTxt>
        <Amt>2135</Amt>
        <NetInvestmentIncomeAmt>2135</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2135</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc5">
      <InvestmentLandGrp>
        <CostOrOtherBasisAmt>1155000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>135017</AccumulatedDepreciationAmt>
        <BookValueAmt>1019983</BookValueAmt>
        <EOYFMVAmt>1350000</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>COMMERCIAL RENTAL PROPERTY</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT DEPRECIATION</Desc>
        <RevenueAndExpensesPerBooksAmt>22660</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>22660</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>22660</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
  </ReturnData>
</Return>