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    <IRS990ScheduleD documentId="RetDoc4">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>260579</OtherCostOrOtherBasisAmt>
        <BookValueAmt>260579</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>835255</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>409225</DepreciationAmt>
        <BookValueAmt>426030</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>477328</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>399436</DepreciationAmt>
        <BookValueAmt>77892</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>269738</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>167677</DepreciationAmt>
        <BookValueAmt>102061</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>866562</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>CONSTRUCTION IN PROGRESS</Desc>
        <BookValueAmt>1198902</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>1198902</TotalBookValueOtherAssetsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc5">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL ADVERTISING FOR ALBEMARLE EDUCATION FOUNDATION INC STATES THAT THEY DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, ETHNICITY, OR NATIONAL ORIGIN.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="RetDoc6">
      <FundraisingEventInformationGrp>
        <Event1Nm>VAR.FUNDRAISING</Event1Nm>
        <GrossReceiptsEvent1Amt>94821</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>94821</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>43250</OtherDirectExpensesEvent1Amt>
        <Event2Nm>BOOSTER CLUB</Event2Nm>
        <GrossReceiptsEvent2Amt>58600</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>58600</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>49484</OtherDirectExpensesEvent2Amt>
        <GrossReceiptsTotalAmt>153421</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>153421</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>92734</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>92734</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>60687</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc7">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>RETURN SUBJECT TO MINIMAL REVIEW BY ACCOUNTING STAFF.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>