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      <InvestmentIncomeAndUBTIGrp>
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      <InvestmentIncomePYPct>0.00200</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
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        <ContributorBusinessName>
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          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <GrossRevenueEvent1Amt>1787</GrossRevenueEvent1Amt>
        <RentFacilityCostsEvent1Amt>758</RentFacilityCostsEvent1Amt>
        <FoodAndBeverageEvent1Amt>600</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>4829</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>499</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>43327</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>41540</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>1787</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>758</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>600</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>4829</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>499</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>6686</DirectExpenseSummaryEventsAmt>
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        <PersonNm>QUINT STUDER</PersonNm>
        <RelationshipWithOrgTxt>CEO</RelationshipWithOrgTxt>
        <LoanToOrganizationInd>X</LoanToOrganizationInd>
        <OriginalPrincipalAmt>97299</OriginalPrincipalAmt>
        <BalanceDueAmt>97299</BalanceDueAmt>
        <DefaultInd>0</DefaultInd>
        <BoardOrCommitteeApprovalInd>0</BoardOrCommitteeApprovalInd>
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      <BusTrInvolveInterestedPrsnGrp>
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        <RelationshipDescriptionTxt>CEO</RelationshipDescriptionTxt>
        <TransactionAmt>483323</TransactionAmt>
        <TransactionDesc>SCI LEASES ITS EMPLOYEES AT COST FROM STUDER PROPERTIES, LLP, WHICH IS OWNED BY MR. STUDER.</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CFO AND EXECUTIVE DIRECTOR WILL REVIEW THE 990 AND PROVIDE A COPY TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE OF A CONFLICT OF INTEREST INVOLVING ANY TRANSACTION OR ARRANGEMENT ENTERED INTO BY THE INSTITUTE. THE BOARD OF DIRECTORS WILL EVALUATE THE TRANSACTION AND DETERMINE IF A CONFLICT EXISTS. THE INSTITUTE CONDUCTS PERIODIC REVIEWS TO DETERMINE WHETHER TRANSACTIONS AND ARRANGEMENTS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>BEGINNING IN FEBRUARY 2017, THE EMPLOYEES OF STUDER COMMUNITY INSTITUTE (SCI) BECAME EMPLOYEES OF STUDER PROPERTIES, LLP. SCI LEASES THE EMPLOYEES FROM STUDER PROPERTIES FOR THE ACTUAL COST OF SALARY, BENEFITS, AND PAYROLL TAXES FOR THESE EMPLOYEES AS 100% OF THEIR TIME IS SPENT WORKING FOR SCI. THE CEO IS NOT COMPENSATED. A COMMITTEE OF THE BOARD CONSISTING OF THE CEO, SECRETARY, AND TREASURER APPROVED STAFF SALARIES. A COMPENSATION STUDY WAS USED IN THIS PROCESS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INSTITUTE WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.</ExplanationTxt>
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  </ReturnData>
</Return>