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          <TitleTxt>EXECUTIVE DI</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAMES S FROST</PersonNm>
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            <CityNm>EASTLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76448</ZIPCd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CYRUS FROST</PersonNm>
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            <CityNm>EASTLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <TitleTxt>MEMBER</TitleTxt>
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          <PersonNm>JOHN FROST</PersonNm>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <TitleTxt>MEMBER</TitleTxt>
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        <Description1Txt>THE FOUNDATION'S PRIMARY PROJECT IS TO PROVIDE MUSIC SCHOLARSHIPS TO SCHOOL CHILDREN IN GRADES 1-12 WHO RESIDE OR STUDY MUSIC IN THE STATE OF TEXAS AND APPLY FOR THE SCHOLARSHIP.</Description1Txt>
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          <RecipientPersonNm>CHRIS FROST WHIDDON</RecipientPersonNm>
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            <CityNm>EASTLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76448</ZIPCd>
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          <RecipientPhoneNum>8179158461</RecipientPhoneNum>
          <RecipientEmailAddressTxt>CWHIDDON@NSFMAKESMUSIC.ORG</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>APPLICATION AVAILABLE ON WEBSITE. APPLICATIONS REQUIRE SIGNATURE OF PARENT. ALSO, COMMENTS FROM MUSIC TEACHER IS REQUIRED TO BE SUBMITTED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APPLICATIONS ARE DUE AUGUST 31ST.</SubmissionDeadlinesTxt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <RecipientPersonNm>CYNDIE MACE</RecipientPersonNm>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76448</ZIPCd>
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          <GrantOrContributionPurposeTxt>MUSIC SCHOLARSHIP</GrantOrContributionPurposeTxt>
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          <Desc>OTHER REVENUE</Desc>
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      </AnalysisIncomeProducingActyGrp>
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        <PropertyDesc>OFFICE EQUIPMENT</PropertyDesc>
        <AcquiredDt>2004-01-07</AcquiredDt>
        <CostOrOtherBasisAmt>574</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>574</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2003-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>170</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>170</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FILE CABINET</PropertyDesc>
        <AcquiredDt>2004-01-13</AcquiredDt>
        <CostOrOtherBasisAmt>130</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>130</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DELL LAPTOP</PropertyDesc>
        <AcquiredDt>2008-05-26</AcquiredDt>
        <CostOrOtherBasisAmt>2961</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2961</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PRINTER</PropertyDesc>
        <AcquiredDt>2008-10-24</AcquiredDt>
        <CostOrOtherBasisAmt>246</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>246</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE RENOVATION</PropertyDesc>
        <AcquiredDt>2012-04-26</AcquiredDt>
        <CostOrOtherBasisAmt>28827</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8161</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>740</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>OFFICE FURNITURE</PropertyDesc>
        <AcquiredDt>2012-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>2989</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2989</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COCHRAN COUNTY OIL</CategoryOrItemTxt>
        <BookValueAmt>167054</BookValueAmt>
        <EOYFMVAmt>167054</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD INVESTMENT</CategoryOrItemTxt>
        <BookValueAmt>57423</BookValueAmt>
        <EOYFMVAmt>57423</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc5">
      <LandEtcGrp>
        <CategoryOrItemTxt>EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>36057</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>16131</AccumulatedDepreciationAmt>
        <BookValueAmt>19926</BookValueAmt>
        <EOYFMVAmt>19926</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS BUSINESS</Desc>
        <RevenueAndExpensesPerBooksAmt>8701</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>8701</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>COCHRAN COUNTY OIL</Desc>
        <RevenueAndExpensesPerBooksAmt>140980</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>140980</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER REVENUE</Desc>
        <RevenueAndExpensesPerBooksAmt>3000</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>4542</Amt>
        <NetInvestmentIncomeAmt>4542</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>