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        </RecoveriesPYDistriMinAssetGrp>
        <TotalMinimumAssetGrp>
          <PriorYearAmt>188417</PriorYearAmt>
          <CurrentYearAmt>213449</CurrentYearAmt>
        </TotalMinimumAssetGrp>
      </MinimumAssetAmountGrp>
      <DistributableAmountGrp>
        <CYAdjNetIncomeDistributableAmt>95548</CYAdjNetIncomeDistributableAmt>
        <CYPct85AdjustedNetIncomeAmt>81216</CYPct85AdjustedNetIncomeAmt>
        <CYTotalMinAstDistributableAmt>188417</CYTotalMinAstDistributableAmt>
        <CYGreaterAdjustedMinimumAmt>188417</CYGreaterAdjustedMinimumAmt>
        <CYIncomeTaxImposedPYAmt>0</CYIncomeTaxImposedPYAmt>
        <CYDistributableAsAdjustedAmt>188417</CYDistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <DistributionsGrp>
        <CYPaidAccomplishExemptPrpsAmt>188417</CYPaidAccomplishExemptPrpsAmt>
        <CYPdInExcessIncomeActivityAmt>0</CYPdInExcessIncomeActivityAmt>
        <CYAdministrativeExpensePaidAmt>0</CYAdministrativeExpensePaidAmt>
        <ExemptUseAssetsAcquisPaidAmt>0</ExemptUseAssetsAcquisPaidAmt>
        <QualifiedSetAsideAmt>0</QualifiedSetAsideAmt>
        <CYOtherDistributionsAmt>0</CYOtherDistributionsAmt>
        <CYTotalAnnualDistributionsAmt>188417</CYTotalAnnualDistributionsAmt>
        <CYDistriAttentiveSuprtOrgAmt>0</CYDistriAttentiveSuprtOrgAmt>
        <CYDistributableAsAdjustedAmt>188417</CYDistributableAsAdjustedAmt>
        <CYDistributionYrRt>0.000000000000</CYDistributionYrRt>
      </DistributionsGrp>
      <DistributionAllocationsGrp>
        <CYDistributableAsAdjustedAmt>188417</CYDistributableAsAdjustedAmt>
        <UnderdistributionsAmt>0</UnderdistributionsAmt>
        <ExcessDistributionCyovYr5Amt>0</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>0</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>0</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>0</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <CyovAppliedUnderdistriPYAmt>0</CyovAppliedUnderdistriPYAmt>
        <CyovAppliedUnderdistrCPYAmt>0</CyovAppliedUnderdistrCPYAmt>
        <CarryoverPYNotAppliedAmt>0</CarryoverPYNotAppliedAmt>
        <ExcessDistributionCyovAmt>0</ExcessDistributionCyovAmt>
        <CYTotalAnnualDistributionsAmt>188417</CYTotalAnnualDistributionsAmt>
        <CYDistribAppUnderdistriPYAmt>0</CYDistribAppUnderdistriPYAmt>
        <CYDistriAppDistributableAmt>188417</CYDistriAppDistributableAmt>
        <ExcessDistributionAmt>0</ExcessDistributionAmt>
        <RemainingUnderdistriPYAmt>0</RemainingUnderdistriPYAmt>
        <RemainingUnderdistriCYAmt>0</RemainingUnderdistriCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear5Amt>0</ExcessFromYear5Amt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>0</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>0</ExcessFromYear1Amt>
      </DistributionAllocationsGrp>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>PART IV, SECTION D, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COLE FOUNDATION REVIEWS THE ANNUAL REPORTING OF THE GRANT RECIPIENT, THE WESTERN NORTH CAROLINA CONFERENCE OF THE UNITED METHODIST CHURCH THROUGH THE JOURNAL PREPARED BY THE CONFERENCE NOTING THE AMOUNT OF THE GRANT RECEIVED AND HOW IT WAS APPLIED. THIS REPORT IS AVAILABLE TO ALL MEMBERS OF THE WESTERN NORTH CAROLINA ANNUAL METHODIST CONFERENCE.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <CYEndwmtFundGrp>
        <BeginningYearBalanceAmt>3434593</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>264074</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>188417</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>32318</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3477932</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3434721</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>220471</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>193683</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>26916</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3434593</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3394500</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>281376</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>212436</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>28719</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3434721</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3356527</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>247616</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>177387</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>32256</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3394500</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3343409</BeginningYearBalanceAmt>
        <ContributionsAmt>56</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>214875</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>174327</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>27486</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3356527</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <TotalBookValueLandBuildingsAmt>0</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>UNITED METHODIST FOUNDATION OF WESTERN NC - DIVERSIFIED FUND</Desc>
        <BookValueAmt>3477932</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>3477932</TotalBookValueSecuritiesAmt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>THESE ENDOWMENT FUNDS ARE USED TO SUPPLEMENT THE HEALTH BENEFITS PROVIDED TO RETIRED UNITED METHODIST MINISTERS OF THE WESTERN NORTH CAROLINA CONFERENCE OF THE UNITED METHODIST CHURCH.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>WESTERN NC CONFERENCE UNITED METHODIST CHURCH</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 2757</AddressLine1Txt>
          <CityNm>HUNTERSVILLE</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>28070</ZIPCd>
        </USAddress>
        <RecipientEIN>566001441</RecipientEIN>
        <IRCSectionDesc>501(C)(3)-CHURCH</IRCSectionDesc>
        <CashGrantAmt>188417</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>HEALTH BENEFITS</PurposeOfGrantTxt>
      </RecipientTable>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COLE FOUNDATION REVIEWS THE ANNUAL REPORTING OF THE GRANT RECIPIENT, THE WESTERN NORTH CAROLINA CONFERENCE OF THE UNITED METHODIST CHURCH THROUGH THE JOURNAL PREPARED BY THE CONFERENCE NOTING THE AMOUNT OF THE GRANT RECEIVED AND HOW IT WAS APPLIED. THIS REPORT IS AVAILABLE TO ALL MEMBERS OF THE WESTERN NORTH CAROLINA ANNUAL METHODIST CONFERENCE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COLE FOUNDATION PROVIDES A COMPLETED COPY OF THIS RETURN TO R. ANTHONY ORSBON, TRUSTEE, FOR HIS REVIEW BEFORE SIGNING AND FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COLE FOUNDATION MAKES ITS RECORDS, INCLUDING GOVERNING DOCUMENTS AND TAX RETURNS, AVAILABLE TO THE PUBLIC THROUGH THE UNITED METHODIST FOUNDATION OF WESTERN NORTH CAROLINA, INC. LOCATED AT 13816 PROFESSIONAL CENTER DR., STE 100, HUNTERSVILLE, NC 28078.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>