﻿<?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">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-09-09T11:54:14-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>621110839</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ATA PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>6525 N QUAIL HOLLOW SUITE 500</AddressLine1Txt>
        <CityNm>MEMPHIS</CityNm>
        <StateAbbreviationCd>TN</StateAbbreviationCd>
        <ZIPCd>38120</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>621594775</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE FHC FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>FHCF</BusinessNameControlTxt>
      <PhoneNum>8178771088</PhoneNum>
      <USAddress>
        <AddressLine1Txt>301 COMMERCE ST SUITE 1500</AddressLine1Txt>
        <CityNm>FORT WORTH</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>76102</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>BOBBY F SAMMONS</PersonNm>
      <PersonTitleTxt>DIR/PRES/TRS</PersonTitleTxt>
      <PhoneNum>8178771088</PhoneNum>
      <SignatureDt>2024-09-05</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>LEE HOOD</PreparerPersonNm>
      <PTIN>P00505342</PTIN>
      <PhoneNum>9016841170</PhoneNum>
      <PreparationDt>2024-09-05</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-08-08 14:25:15Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc11">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1413777</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>7732</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>7732</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>48241</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>48104</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc3">-37944</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>500485</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1595</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>18029</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>57431</TotalNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc5">568</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>568</LegalFeesNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">2950</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2950</AccountingFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">1093</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1093</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">6888</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>6888</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>11499</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11499</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>85500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>85500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>96999</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11499</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>85500</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-78970</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>45932</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>160522</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>100595</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>100595</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>155969</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>164958</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="RetDoc1 RetDoc9">155969</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>155969</OtherNtsAndLoansRcvblEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1086078</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">1157213</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>1157213</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1411558</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1413777</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1413777</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc8">1130</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc8">1130</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>1130</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1130</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>1410428</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1412647</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1410428</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1412647</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1411558</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1413777</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1410428</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-78970</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc7">81189</OtherIncreasesAmt>
        <SubtotalAmt>1412647</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1412647</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>1595</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>638</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>638</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>638</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>640</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>640</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2</OverpaymentAmt>
        <AppliedToESTaxAmt>2</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>
        <OrgReportOrRegisterStateCd>TN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>BOURLAND WALL WENZEL</IndividualWithBooksNm>
        <PhoneNum>8178771088</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>301 COMMERCE ST STE 1500</AddressLine1Txt>
          <CityNm>FORT WORTH</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76102</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>BOBBY F SAMMONS</PersonNm>
          <USAddress>
            <AddressLine1Txt>2512 THOMAS PLACE</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76107</ZIPCd>
          </USAddress>
          <TitleTxt>DIR/PRES/TRS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LYNDA R SAMMONS</PersonNm>
          <USAddress>
            <AddressLine1Txt>2512 THOMAS PLACE</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76107</ZIPCd>
          </USAddress>
          <TitleTxt>DIR/VP/SECTY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELIZABETH P SAMMONS RAUZI</PersonNm>
          <USAddress>
            <AddressLine1Txt>6866 BUCKSKIN TRAIL</AddressLine1Txt>
            <CityNm>CHEYENNE</CityNm>
            <StateAbbreviationCd>WY</StateAbbreviationCd>
            <ZIPCd>82009</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>803110</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>163324</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>155969</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1122403</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1122403</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>16836</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1105567</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>55278</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>55278</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>638</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>638</TotalTaxAmt>
        <DistributableBeforeAdjAmt>54640</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>54640</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>54640</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>85500</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>85500</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>54640</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>23179</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr2Amt>7002</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>14536</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>44717</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>85500</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>54640</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>30860</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>75577</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>75577</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>23179</ExcessFromYear4Amt>
        <ExcessFromYear2Amt>7002</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>14536</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>30860</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>BOBBY F SAMMONS THE FHC FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2512 THOMAS PLACE</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76107</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>8178771088</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>FORMAL WRITTEN APPLICATION INCLUDING DESCRIPTION OF PROJECT, ESTIMATED COST AND BENEFITS TO BE DERIVED. GUIDELINES FOR SUCH APPLICATION MAY BE OBTAINED BY WRITING TO THE FHC FOUNDATION.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>DETERMINED ANNUALLY</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS ARE NOT AWARDED TO INDIVIDUALS, FRATERNAL ORGANIZATIONS, SOCIETIES OR ORDERS. GRANTS ARE AWARDED TO 501(C)(3) ORGANIZATIONS INVOLVED IN THE AREAS OF HUMAN SERVICES, COMMUNITY PROGRAMS AND SERVICES, EDUCATION, HEALTH, RELIGION, ARTS AND CULTURAL AFFAIRS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CENTER FOR MUSIC BY PEOPLE</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>WITH DISABILITIES</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>415 W CENTRAL AVE</AddressLine1Txt>
            <CityNm>MISSOULA</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59801</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MUSIC STUDIOS FOR THE DISABLED</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MEALS ON WHEELS INC</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>OF TARRANT</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>320 SOUTH FREEWAY</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>761043525</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>NUTRITIONAL ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SALT LAKE CITY MISSION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1151 SOUTH REDWOODSTE106</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>841100142</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HOMELESS ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SON CARE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 4412</AddressLine1Txt>
            <CityNm>SAN LUIS OBISPO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93403</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>U CAN LEARN INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9677 S 700 E B</AddressLine1Txt>
            <CityNm>SANDY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84070</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>12500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UTAH FOOD BANK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3150 SOUTH 900 WEST</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84119</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHAR.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HOMELESS ASSISTANCE</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>85500</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>7732</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>48104</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>137</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1595</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-39539</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>57431</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-39402</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>18029</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>2950</Amt>
        <NetInvestmentIncomeAmt>2950</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc3">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JP MORGAN S15367006</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>142719</GrossSalesPriceAmt>
        <BasisAmt>143387</BasisAmt>
        <TotalNetAmt>-668</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JP MORGAN S15367006</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>356171</GrossSalesPriceAmt>
        <BasisAmt>395042</BasisAmt>
        <TotalNetAmt>-38871</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EQUITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>439963</BookValueAmt>
        <EOYFMVAmt>439963</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ALTERNATIVE ASSETS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>90258</BookValueAmt>
        <EOYFMVAmt>90258</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIXED INCOME</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>626992</BookValueAmt>
        <EOYFMVAmt>626992</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc5">
      <LegalFeesGrp>
        <CategoryTxt>INDIRECT LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>568</LegalFeesAmt>
        <NetInvestmentIncomeAmt>568</NetInvestmentIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MGMT FEE 7006</Desc>
        <RevenueAndExpensesPerBooksAmt>6888</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6888</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc7">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAIN</Desc>
        <Amt>81189</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc8">
      <OtherLiabilitiesDetail>
        <Desc>DUE TO BOB SAMMONS</Desc>
        <BOYBookValueAmt>1130</BOYBookValueAmt>
        <EOYBookValueAmt>1130</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="RetDoc1">
      <OtherNotesLoansRcvblLongGrp>
        <BorrowerNameGrp>
          <PersonNm>JOYA CLINT OSBORNE</PersonNm>
        </BorrowerNameGrp>
        <InsiderRelationshipTxt>NONE</InsiderRelationshipTxt>
        <LoanOriginalAmt>258825</LoanOriginalAmt>
        <BalanceDueAmt>155969</BalanceDueAmt>
        <NoteDt>2005-08</NoteDt>
        <LoanMaturityDt>1935-08</LoanMaturityDt>
        <RepaymentTermsTxt>MONTHLY P&amp;I</RepaymentTermsTxt>
        <InterestRt>0.0600</InterestRt>
        <SecurityProvidedBorrowerTxt>DEED OF TRUST</SecurityProvidedBorrowerTxt>
        <LoanPurposeTxt>INVESTMENT</LoanPurposeTxt>
      </OtherNotesLoansRcvblLongGrp>
    </OtherNotesLoansRcvblLongSch>
    <OtherNotesLoansRcvblShortSch2 documentId="RetDoc9">
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>DUE FROM MOUNTAIN SEAS</BusinessNameLine1Txt>
        </Organization501c3Name>
      </OtherNotesLoansRcvblShortGrp>
    </OtherNotesLoansRcvblShortSch2>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>69</Amt>
        <NetInvestmentIncomeAmt>69</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>OTHER TAXES</CategoryTxt>
        <Amt>392</Amt>
        <NetInvestmentIncomeAmt>392</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PRIVATE FOUNDATION TAXES</CategoryTxt>
        <Amt>632</Amt>
        <NetInvestmentIncomeAmt>632</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>