﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v6.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-01-15T12:33:52-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>640394922</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>WATKINS WARD AND STAFFORD PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>606 SOUTH 16TH STREET</AddressLine1Txt>
        <CityNm>OXFORD</CityNm>
        <StateAbbreviationCd>MS</StateAbbreviationCd>
        <ZIPCd>38655</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>570887759</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>REEDY ACRES FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>REED</BusinessNameControlTxt>
      <PhoneNum>6624732870</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1206 N MAIN</AddressLine1Txt>
        <CityNm>WATER VALLEY</CityNm>
        <StateAbbreviationCd>MS</StateAbbreviationCd>
        <ZIPCd>38965</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>LORRI WILLIAMSON</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>6624732870</PhoneNum>
      <SignatureDt>2025-01-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>EDWARD A MAXWELL CPA</PreparerPersonNm>
      <PTIN>P01529616</PTIN>
      <PhoneNum>6622818900</PhoneNum>
      <PreparationDt>2025-01-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="RetDoc9">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>635276</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>17210</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>17210</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>17210</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>42934</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>42934</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>42934</DividendsAdjNetIncmAmt>
        <GrossRentsRevAndExpnssAmt>6000</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>6000</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>6000</GrossRentsAdjNetIncmAmt>
        <NetRentalIncomeOrLossAmt>-561</NetRentalIncomeOrLossAmt>
        <TotalRevAndExpnssAmt>66144</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>66144</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>66144</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">863</AccountingFeesRevAndExpnssAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc7">6000</OtherProfFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc8">394</TaxesRevAndExpnssAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc3">4457</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>4457</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>4457</DeprecAndDpltnAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">2104</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>2104</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>2104</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>13818</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>6561</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>6561</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>61623</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>61623</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>75441</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>6561</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>6561</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>61623</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-9297</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>59583</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>59583</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>639564</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>635276</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>635276</SavAndTempCashInvstEOYFMVAmt>
        <MortgageLoansBOYAmt>563323</MortgageLoansBOYAmt>
        <MortgageLoansEOYAmt>540566</MortgageLoansEOYAmt>
        <OtherInvestmentsBOYAmt>92424</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">114629</OtherInvestmentsEOYAmt>
        <LandBldgEquipCostOrOtherBssAmt>293834</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>17978</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>280313</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="RetDoc5">275856</LandEOYAmt>
        <TotalAssetsBOYAmt>1575624</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1566327</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>635276</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>1575624</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1566327</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1575624</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1566327</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1575624</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1566327</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1575624</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-9297</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1566327</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1566327</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>828</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>828</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>828</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>560</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>560</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>268</TaxDueAmt>
      </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>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>LORRI C WILLIAMSON</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6624736372</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>536 COUNTY ROAD 95</AddressLine1Txt>
          <CityNm>WATER VALLEY</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>38965</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>LORRI WILLIAMSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>536 COUNTY ROAD 95</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>TO SUPPORT DISADVANTAGED IN YALOBUSHA COUNTY. ACCOMPLISHED PRIMARILY BY CONTRIBUTING TO OTHER, ESTABLISHED AND QUALIFIED 501(C)3 ORGANIZATIONS</Description1Txt>
        <Expenses1Amt>61623</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>551944</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>641852</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>399849</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1593645</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1593645</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>23905</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1569740</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>78487</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>61623</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>61623</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <QualifyingDistributionsAmt>61623</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>61623</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>61623</TotalCorpusAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>59583</CurrentYearAmt>
          <Year1Amt>39854</Year1Amt>
          <Year2Amt>49335</Year2Amt>
          <Year3Amt>52101</Year3Amt>
          <TotalAmt>200873</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>50646</CurrentYearAmt>
          <Year1Amt>33876</Year1Amt>
          <Year2Amt>41935</Year2Amt>
          <Year3Amt>44286</Year3Amt>
          <TotalAmt>170743</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>61623</CurrentYearAmt>
          <Year1Amt>86122</Year1Amt>
          <Year2Amt>102756</Year2Amt>
          <Year3Amt>98462</Year3Amt>
          <TotalAmt>348963</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>61623</CurrentYearAmt>
          <Year1Amt>86122</Year1Amt>
          <Year2Amt>102756</Year2Amt>
          <Year3Amt>98462</Year3Amt>
          <TotalAmt>348963</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>52325</CurrentYearAmt>
          <Year1Amt>53538</Year1Amt>
          <Year2Amt>54465</Year2Amt>
          <Year3Amt>57143</Year3Amt>
          <TotalAmt>217471</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>LORRI WILLIAMSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>536 COUNTY ROAD 95</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6624732870</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>WRITTEN REQUEST INCLUDING PURPOSE OF THE FUNDS AND ESTIMATED NUMBER OF PEOPLE TO BENEFIT FROM THE GRANT.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS SHOULD BENEFIT PRIMARILY RESIDENTS OF YALOBUSHA COUNTY, MISSISSIPPI</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMPASSION FOOD MINISTRIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>HIGHWAY 7 NORTH</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>TO HELP PROVIDE FOOD FOR NEEDY FAMIL</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAPTIST CHILDREN'S VILLAGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>217 COUNTY ROAD 438</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>TO SUPPORT CARE OF CHILDREN THIS ORG</GrantOrContributionPurposeTxt>
          <Amt>22823</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHWEST COMM COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4975 HIGHWAY 51N</AddressLine1Txt>
            <CityNm>SENATOBIA</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38668</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WATER VALLEY JUNIOR AUXILIARY INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 92</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THIS IS NOTEWORTHY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>16 S MAIN STREET</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST JUDE CHILDREN'S HOSPITAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>262 DANNY THOMAS PLACE</AddressLine1Txt>
            <CityNm>MEMPHIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38105</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CHILDREN MEDICAL RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SALVATION ARMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2649 WEST OXFORD LOOP</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FOOD AND SHELTER FORNEEDY FAMILIES</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SECOND CHANCE ANIMAL ALLIANCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11171 MS-315</AddressLine1Txt>
            <CityNm>WATER VALLEY</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38965</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPORT COUNTY ANIMAL SHELTER</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RONALD MCDONALD HOUSE CHARITIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>110 NORTH CARPENTER STREE</AddressLine1Txt>
            <CityNm>CHICAGO</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60607</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>MEDICAL HOUSING</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LEBONHEUR CHILDREN'S HOSPITAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>848 ADAMS AVENUE</AddressLine1Txt>
            <CityNm>MEMPHIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38103</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>MEDICAL RESEARCH AND PATIENT SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>61623</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>17210</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>42934</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <RelatedOrExemptFunctionIncmAmt>-561</RelatedOrExemptFunctionIncmAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>60144</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-561</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>59583</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>ACCOUNTING &amp; LEGAL FEES</CategoryTxt>
        <Amt>863</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc3">
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2019-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>120000</CostOrOtherBasisAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING</PropertyDesc>
        <AcquiredDt>2019-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>165220</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12886</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>4236</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4236</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>4236</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONER UNIT</PropertyDesc>
        <AcquiredDt>2020-02-06</AcquiredDt>
        <CostOrOtherBasisAmt>8614</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>635</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>221</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>221</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>221</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OTHER LOANS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>114629</BookValueAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc5">
      <LandEtcGrp>
        <CostOrOtherBasisAmt>173834</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>17978</AccumulatedDepreciationAmt>
        <BookValueAmt>155856</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CostOrOtherBasisAmt>120000</CostOrOtherBasisAmt>
        <BookValueAmt>120000</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>COMMERCE PARK</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2104</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2104</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2104</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc7">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ACCOUNT MANAGER FEES</CategoryTxt>
        <Amt>6000</Amt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAXES</CategoryTxt>
        <Amt>394</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>