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        <ExplanationTxt>LINE 10. COLLEGE SCHOLARSHIPS ARE AWARDED TO TEXAS HEREFORD YOUTH LIVESTOCK SHOW PARTICIPANTS AND WINNERS. SCHOLARSHIPS ARE PAID DIRECTLY TO POST-SECONDARY EDUCATIONAL INSTITUTIONS ON BEHALF OF THE STUDENT, ONCE THE STUDENT IS FULLY ENROLLED.</ExplanationTxt>
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        <ExplanationTxt>PROMOTE EDUCATION AND RESEARCH REGARDING THE HEREFORD BREED OF CATTLE, INCLUDING YOUTH EDUCATION, LIVESTOCK AND SCHOLARSHIP PROGRAMS</ExplanationTxt>
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        <ExplanationTxt>LINE 45A. THE ORGANIZATION SHARES A COMMON BOARD WITH 501C5 TEXAS HEREFORD ASSOCIATION. NO TRANSACTIONS REQUIRING REPORTING ON SCHEDULE R OCCURRED DURING THE YEAR.</ExplanationTxt>
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