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  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-14T16:21:01-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>820997075</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Chused Tax Inc</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>29 New Rhododendron</AddressLine1Txt>
        <CityNm>Chapel Hill</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27517</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>561318527</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Schechter Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% Arnold M Schechter</InCareOfNm>
      <BusinessNameControlTxt>SCHE</BusinessNameControlTxt>
      <PhoneNum>9199331400</PhoneNum>
      <USAddress>
        <AddressLine1Txt>440 Bayberry Drive</AddressLine1Txt>
        <CityNm>Chapel Hill</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27517</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ARNOLD M SCHECHTER</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <PhoneNum>9199331400</PhoneNum>
      <SignatureDt>2025-11-14</SignatureDt>
      <DiscussWithPaidPreparerInd>false</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>ANDY CHUSED</PreparerPersonNm>
      <PTIN>P00132278</PTIN>
      <PhoneNum>2523426244</PhoneNum>
      <PreparationDt>2025-11-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1448545</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>27325</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>27325</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>27325</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-176</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>56426</GrossSalesPriceAmt>
        <TotalRevAndExpnssAmt>27149</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>27325</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>27325</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">3600</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>3600</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>3600</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>3600</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">244</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>244</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>244</TaxesDsbrsChrtblAmt>
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        <OtherExpensesAdjNetIncmAmt>288</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>288</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>4132</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>4132</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>3888</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>4132</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>4632</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>4132</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>3888</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>4632</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>22517</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>23193</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>23437</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>154160</CashBOYAmt>
        <CashEOYAmt>131399</CashEOYAmt>
        <CashEOYFMVAmt>131399</CashEOYFMVAmt>
        <SavAndTempCashInvstEOYAmt>25000</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>25000</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>274694</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">242847</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>466983</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>82934</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">112665</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>112390</CorporateBondsEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>124521</InvstLandCostOrOtherBasisAmt>
        <LandBldgInvestmentsBOYAmt>124521</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt>124521</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>650000</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>25419</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">54878</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>62773</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>661728</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>691310</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1448545</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>661728</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>691310</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>661728</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>691310</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>661728</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>691310</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>661728</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>22517</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">7065</OtherIncreasesAmt>
        <SubtotalAmt>691310</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>691310</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>various stks per attached pdf</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2001-01-01</AcquiredDt>
          <SoldDt>2001-12-31</SoldDt>
          <GrossSalesPriceAmt>56426</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>56602</CostOrOtherBasisAmt>
          <GainOrLossAmt>-176</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-176</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-176</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>322</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>322</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>322</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>429</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>429</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>107</OverpaymentAmt>
        <AppliedToESTaxAmt>107</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>NC</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>ARNOLD MC SCHECHTER</IndividualWithBooksNm>
        <PhoneNum>9199331400</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>440 Bayberry Drive</AddressLine1Txt>
          <CityNm>Chapel Hill</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27517</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>Arnold MC Schechter</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 Bayberry Drive</AddressLine1Txt>
            <CityNm>Chapel Hill</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27517</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Arielle C Schechter</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 Bayberry Drive</AddressLine1Txt>
            <CityNm>Chapel Hill</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27517</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>0not applicable</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>Not applicable</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>629126</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>163933</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>124521</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>917580</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>917580</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>13764</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>903816</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>45191</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>45191</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>322</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>322</TotalTaxAmt>
        <DistributableBeforeAdjAmt>44869</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>44869</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>44869</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>4632</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>4632</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>44869</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>71769</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>89417</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>58440</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>102630</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>58599</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>380855</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>4632</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>4632</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>40237</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>40237</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>340618</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>31532</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>309086</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>89417</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>58440</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>102630</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>58599</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>ARNOLD SCHECHTER</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Goathouse Refuge</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>440 Bayberry Dr</AddressLine1Txt>
            <CityNm>Chapel Hill</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27517</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>various</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>500</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>27326</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>27326</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>27326</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="AccountingFeesSchedule">
      <AccountingFeesDetail>
        <CategoryTxt>Tax return preparation</CategoryTxt>
        <Amt>3100</Amt>
        <NetInvestmentIncomeAmt>3100</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3100</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3100</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>Legal fees</CategoryTxt>
        <Amt>500</Amt>
        <NetInvestmentIncomeAmt>500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>500</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>500</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Lowes Corp due 020135 6</BondNm>
        <EOYBookValueAmt>9988</EOYBookValueAmt>
        <EOYFMVAmt>10599</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Dow Chemical Co</BondNm>
        <EOYBookValueAmt>7000</EOYBookValueAmt>
        <EOYFMVAmt>6766</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Endurance Sprecialty Hldg Bd</BondNm>
        <EOYBookValueAmt>10011</EOYBookValueAmt>
        <EOYFMVAmt>10878</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Truist Bank Sub Notes 6 0215</BondNm>
        <EOYBookValueAmt>13951</EOYBookValueAmt>
        <EOYFMVAmt>14152</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Goldman Sachs Grp 6.55% Med</BondNm>
        <EOYBookValueAmt>8000</EOYBookValueAmt>
        <EOYFMVAmt>7925</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>American Eqtr Invt Life Hldg</BondNm>
        <EOYBookValueAmt>7500</EOYBookValueAmt>
        <EOYFMVAmt>7455</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Kemper Corp NT 5.875%pfd</BondNm>
        <EOYBookValueAmt>5764</EOYBookValueAmt>
        <EOYFMVAmt>5828</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Endbridge Inc 4.95% pfd</BondNm>
        <EOYBookValueAmt>6994</EOYBookValueAmt>
        <EOYFMVAmt>6765</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Wintrust Finl Corp 6.5% pfd</BondNm>
        <EOYBookValueAmt>6257</EOYBookValueAmt>
        <EOYFMVAmt>6175</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Brunswick Corp 6.5% 10-15-48</BondNm>
        <EOYBookValueAmt>7508</EOYBookValueAmt>
        <EOYFMVAmt>7371</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Wells Fargo Dep Sh Perptl A Se</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SL Green Realty Corp 6.5% pfd</BondNm>
        <EOYBookValueAmt>7324</EOYBookValueAmt>
        <EOYFMVAmt>7107</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Renaissancere Holdings Ltd 5.7</BondNm>
        <EOYBookValueAmt>14490</EOYBookValueAmt>
        <EOYFMVAmt>13446</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FTAI Aviation Ltd 8.25% pfd</BondNm>
        <EOYBookValueAmt>7878</EOYBookValueAmt>
        <EOYFMVAmt>7923</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule">
      <InvestmentsCorporateStockGrp>
        <StockNm>Abbvie Inc</StockNm>
        <EOYBookValueAmt>6218</EOYBookValueAmt>
        <EOYFMVAmt>13328</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Amgen Inc</StockNm>
        <EOYBookValueAmt>6761</EOYBookValueAmt>
        <EOYFMVAmt>10426</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Annaly Capital Management Inc</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATT Inc</StockNm>
        <EOYBookValueAmt>2116</EOYBookValueAmt>
        <EOYFMVAmt>2277</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Truist Financial Corp BBT</StockNm>
        <EOYBookValueAmt>29659</EOYBookValueAmt>
        <EOYFMVAmt>30366</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Brighthouse Financial Inc</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Bristol Myers Squibb Co</StockNm>
        <EOYBookValueAmt>5764</EOYBookValueAmt>
        <EOYFMVAmt>14140</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Chevron Corp</StockNm>
        <EOYBookValueAmt>8966</EOYBookValueAmt>
        <EOYFMVAmt>14484</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Cisco Systems Inc</StockNm>
        <EOYBookValueAmt>4288</EOYBookValueAmt>
        <EOYFMVAmt>8880</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Duke Energy Corp</StockNm>
        <EOYBookValueAmt>16741</EOYBookValueAmt>
        <EOYFMVAmt>35554</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Coterra Energy Inc</StockNm>
        <EOYBookValueAmt>2835</EOYBookValueAmt>
        <EOYFMVAmt>2554</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Eli Lilly &amp; Co</StockNm>
        <EOYBookValueAmt>5615</EOYBookValueAmt>
        <EOYFMVAmt>38600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>General Mills</StockNm>
        <EOYBookValueAmt>5446</EOYBookValueAmt>
        <EOYFMVAmt>6377</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Blackrock Capital Allocation T</StockNm>
        <EOYBookValueAmt>4836</EOYBookValueAmt>
        <EOYFMVAmt>3788</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Home Depot Inc</StockNm>
        <EOYBookValueAmt>4883</EOYBookValueAmt>
        <EOYFMVAmt>9725</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IBM</StockNm>
        <EOYBookValueAmt>3574</EOYBookValueAmt>
        <EOYFMVAmt>5496</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Kinder Morgan Inc DE</StockNm>
        <EOYBookValueAmt>3746</EOYBookValueAmt>
        <EOYFMVAmt>8220</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Johnson &amp; Johnson</StockNm>
        <EOYBookValueAmt>5233</EOYBookValueAmt>
        <EOYFMVAmt>14462</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Kimberly-Clark Corp</StockNm>
        <EOYBookValueAmt>7492</EOYBookValueAmt>
        <EOYFMVAmt>19656</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Merck &amp; Co Inc</StockNm>
        <EOYBookValueAmt>4295</EOYBookValueAmt>
        <EOYFMVAmt>14922</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Microsoft Corp</StockNm>
        <EOYBookValueAmt>5300</EOYBookValueAmt>
        <EOYFMVAmt>42150</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Novartis AG spon ADR</StockNm>
        <EOYBookValueAmt>4730</EOYBookValueAmt>
        <EOYFMVAmt>9731</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PepsiCo Inc</StockNm>
        <EOYBookValueAmt>9370</EOYBookValueAmt>
        <EOYFMVAmt>15206</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Pfizer Inc</StockNm>
        <EOYBookValueAmt>3181</EOYBookValueAmt>
        <EOYFMVAmt>2653</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Proctor &amp; Gamble Company</StockNm>
        <EOYBookValueAmt>5771</EOYBookValueAmt>
        <EOYFMVAmt>12574</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Raytheon Co new</StockNm>
        <EOYBookValueAmt>6542</EOYBookValueAmt>
        <EOYFMVAmt>16548</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RMR Group Inc Cl A</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Thornburg Incm Builder Opp Tr</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Viatris Inc</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Verizon Communications</StockNm>
        <EOYBookValueAmt>5307</EOYBookValueAmt>
        <EOYFMVAmt>5999</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Waste Management Inc</StockNm>
        <EOYBookValueAmt>2853</EOYBookValueAmt>
        <EOYFMVAmt>20179</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Whitehorse Finance Corp</StockNm>
        <EOYBookValueAmt>6584</EOYBookValueAmt>
        <EOYFMVAmt>4462</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>United Parcel Service</StockNm>
        <EOYBookValueAmt>13773</EOYBookValueAmt>
        <EOYFMVAmt>18195</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP Morgan ETF Equity Prem</StockNm>
        <EOYBookValueAmt>8825</EOYBookValueAmt>
        <EOYFMVAmt>8630</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP Morgan ETF Equity Prem</StockNm>
        <EOYBookValueAmt>8388</EOYBookValueAmt>
        <EOYFMVAmt>8457</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Blackrock Science &amp; Tech Trst2</StockNm>
        <EOYBookValueAmt>3588</EOYBookValueAmt>
        <EOYFMVAmt>4152</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VICI PPTYS Inc com</StockNm>
        <EOYBookValueAmt>4581</EOYBookValueAmt>
        <EOYFMVAmt>4382</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Starwood Property Trust</StockNm>
        <EOYBookValueAmt>3617</EOYBookValueAmt>
        <EOYFMVAmt>2843</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Tekla Healthcare Opportunities</StockNm>
        <EOYBookValueAmt>10524</EOYBookValueAmt>
        <EOYFMVAmt>9435</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UB Banccorp</StockNm>
        <EOYBookValueAmt>1243</EOYBookValueAmt>
        <EOYFMVAmt>7390</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Superior Uniform Group</StockNm>
        <EOYBookValueAmt>3360</EOYBookValueAmt>
        <EOYFMVAmt>9918</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Williams Cos Inc</StockNm>
        <EOYBookValueAmt>6842</EOYBookValueAmt>
        <EOYFMVAmt>10824</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Highland Income Fund</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Haleon PLC Spon ADS</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Highland Global Alloc Fd</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Kyndryl Holdings Inc</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Warner Bros Discovery Inc SerA</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Guggenheim Blue Chip Div</CategoryOrItemTxt>
        <BookValueAmt>28921</BookValueAmt>
        <EOYFMVAmt>29850</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FT Unit 9200 Cap Strength</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FT Unit 9306 Equity Income Port</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FT Unit 10582 Cap Strength Ser 64</CategoryOrItemTxt>
        <BookValueAmt>14606</BookValueAmt>
        <EOYFMVAmt>20420</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FT Unit 10616 Equity Income Port 77</CategoryOrItemTxt>
        <BookValueAmt>11351</BookValueAmt>
        <EOYFMVAmt>12503</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule">
      <OtherExpensesScheduleGrp>
        <Desc>Liability insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>250</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>250</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>250</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>38</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>38</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>38</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>38</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule">
      <OtherIncreasesDetail>
        <Desc>adj of cost basis sold investments</Desc>
        <Amt>7065</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>Property Taxes 2024</CategoryTxt>
        <Amt>0</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Foreign Tx on Div Withheld</CategoryTxt>
        <Amt>244</Amt>
        <NetInvestmentIncomeAmt>244</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>244</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>