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          <RecipientEmailAddressTxt>PRESIDENT@BETTYREED.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>APPLICATIONS MUST INCLUDE: APPLICATION FORM, OFFICIAL TRANSCRIPTS, RESUME', STATEMENT OF FINANCIAL NEED, A LETTER OF RECOMMENDATION FROM A TEACHER, AND AN ESSAY ON THE TOPIC "THE ROLE OF HARD WORK, ACADEMICS, AND PHILANTHROPY IN MY LIFE."</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APRIL 15 OF EACH YEAR</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>STUDENTS MUST ATTEND AN ACCREDITED EDUCATIONAL INSTITUTION IN FLOYD COUNTY, GA, TO BE ELIGIBLE FOR THE SCHOLARSHIP.</RestrictionsOnAwardsTxt>
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            <StateAbbreviationCd>GA</StateAbbreviationCd>
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          <RecipientPersonNm>MARK VAN LEUVEN</RecipientPersonNm>
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            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30161</ZIPCd>
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          <RecipientPersonNm>ADRIEL KERSHNER</RecipientPersonNm>
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            <AddressLine1Txt>783 COMPTON RD</AddressLine1Txt>
            <CityNm>SILVER CREEK</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30173</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GRANT TAYLOR</RecipientPersonNm>
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            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
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        <GrantOrContributionPdDurYrGrp>
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          <RecipientRelationshipTxt>CHILD</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>RALEIGH MITCHELL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1752 BURNETT FERRY RD</AddressLine1Txt>
            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30165</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILD</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SAM MITCHELL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1752 BURNETT FERRY RD</AddressLine1Txt>
            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30165</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILD</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THOMAS BERGIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10 FARM VIEW COURT NW</AddressLine1Txt>
            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30165</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LILLY BERGIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10 FARM VIEW COURT NW</AddressLine1Txt>
            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30165</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ELLA KATE BERGIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10 FARM VIEW COURT NW</AddressLine1Txt>
            <CityNm>ROME</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30165</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>32000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>17531</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>19969</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>37500</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
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        <TotalIncomeProducingActyAmt>37500</TotalIncomeProducingActyAmt>
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      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>4</LineNumberTxt>
          <RelationshipStatementTxt>CASH &amp; INVESTMENTS HELD TO FULFILL FOUNDATION'S EXEMPT PURPOSE</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION FEES</CategoryTxt>
        <Amt>1475</Amt>
        <NetInvestmentIncomeAmt>1475</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>LPL FINANCIAL ACCT 7826</StockNm>
        <EOYBookValueAmt>528350</EOYBookValueAmt>
        <EOYFMVAmt>653861</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>ANNUAL REGISTRATION</Desc>
        <RevenueAndExpensesPerBooksAmt>30</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>30</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEBSITE</Desc>
        <RevenueAndExpensesPerBooksAmt>360</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>359</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>1387</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1387</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>430</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>430</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ACCOUNT MANAGEMENT FEES</CategoryTxt>
        <Amt>7821</Amt>
        <NetInvestmentIncomeAmt>7821</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID ON DIVIDENDS</CategoryTxt>
        <Amt>185</Amt>
        <NetInvestmentIncomeAmt>185</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2022 FEDERAL INCOME TAX</CategoryTxt>
        <Amt>278</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>