﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-06-14T21:23:40-04:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>752898535</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>HAROLD B ROGERS III CPA PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>217 WEST PECAN STREET</AddressLine1Txt>
        <CityNm>SHERMAN</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>750905847</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>759033769</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DANIEL B DEUPREE FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DANI</BusinessNameControlTxt>
      <PhoneNum>9039613001</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
        <CityNm>BONHAM</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>754180345</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DEBORAH GREEN</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>9039613001</PhoneNum>
      <SignatureDt>2025-06-14</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>HAROLD B ROGERS III</PreparerPersonNm>
      <PTIN>P00002054</PTIN>
      <PhoneNum>9038682403</PhoneNum>
      <PreparationDt>2025-06-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc14">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1178247</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1500</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>61004</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>61004</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>61004</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>3112</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>3112</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>3112</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1127</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1127</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1127</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>66743</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>65243</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>64116</TotalAdjNetIncmAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>9583</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>7187</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>2396</OthEmplSlrsWgsDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">1570</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1178</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>393</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">733</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>550</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>183</TaxesDsbrsChrtblAmt>
        <OccupancyRevAndExpnssAmt>1134</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>851</OccupancyNetInvstIncmAmt>
        <OccupancyDsbrsChrtblAmt>284</OccupancyDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc8">1992</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>1776</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>218</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>15012</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11542</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>3474</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>66243</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>66243</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>81255</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11542</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>69717</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-14512</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>53701</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>64116</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>10672</CashBOYAmt>
        <CashEOYAmt>6476</CashEOYAmt>
        <CashEOYFMVAmt>6476</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>15248</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>15109</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>15109</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesBOYAmt>1112</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>1000</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>1000</PrepaidExpensesEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>106181</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="RetDoc4">96077</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>99995</USGovtObligationsEOYFMVAmt>
        <CorporateBondsBOYAmt>1061761</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc3">1060729</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1005233</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>48650</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc5">49039</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>50434</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>14398</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>14398</LandBldgEquipAccumDeprecAmt>
        <TotalAssetsBOYAmt>1243624</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1228430</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1178247</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>207</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>248</AccountsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>207</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>248</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>1243417</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1228182</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1243417</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1228182</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1243624</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1228430</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1243417</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-14512</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc9">1</OtherIncreasesAmt>
        <SubtotalAmt>1228906</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc7">724</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1228182</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>1127</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>746</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>746</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>746</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1000</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1000</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>254</OverpaymentAmt>
        <AppliedToESTaxAmt>254</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>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.DBDEUPREE.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>LISA HICKS</IndividualWithBooksNm>
        <PhoneNum>9039613001</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
          <CityNm>BONHAM</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75418</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>
        <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>JOE DEUPREE</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JANIE ELLER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KELVIN DEUPREE</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBORAH GREEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PAULA DEUPREE MCFADDEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KATHY DEUPREE LANGLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LINDA STATON</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1183276</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>23752</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1208028</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1208028</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>18120</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1189908</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>59495</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>59495</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>746</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>746</TotalTaxAmt>
        <DistributableBeforeAdjAmt>58749</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>58749</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>58749</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>69717</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>69717</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>58749</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>14786</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr2Amt>9589</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>24375</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>69717</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>58749</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>10968</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>35343</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>14786</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>20557</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>9589</ExcessFromYear2Amt>
        <ExcessFromCurrentYearAmt>10968</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>LISA HICKS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 345</AddressLine1Txt>
            <CityNm>BONHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9039613001</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>APPLICATION FORM - SEE ATTACHMENT</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>FANNIN COUNTY TEXAS RESIDENTS &amp; 20% NON-FANNIN COUNTY</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>INDIVIDUAL SCHOLARSHIPS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SEE PDF ATTACHMENT</AddressLine1Txt>
            <CityNm>FANNIN COUNTY</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75418</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>COLLEGE SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>66243</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>66243</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>61004</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3112</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>26</ExclusionCd>
          <ExclusionAmt>1127</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>65243</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>65243</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="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <Amt>1570</Amt>
        <NetInvestmentIncomeAmt>1178</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>393</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2">
      <DepreciationPropertyGrp>
        <PropertyDesc>DECK &amp; CHAIR</PropertyDesc>
        <AcquiredDt>1997-08-19</AcquiredDt>
        <CostOrOtherBasisAmt>89</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>89</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>1982-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>6945</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6945</PriorYearDepreciationAmt>
        <ComputationMethodTxt>PRE</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COPIER</PropertyDesc>
        <AcquiredDt>1993-02-05</AcquiredDt>
        <CostOrOtherBasisAmt>948</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>948</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FAX MACHINE</PropertyDesc>
        <AcquiredDt>2001-01-19</AcquiredDt>
        <CostOrOtherBasisAmt>300</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>300</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2000-04-04</AcquiredDt>
        <CostOrOtherBasisAmt>1451</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1451</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER SOFTWARE</PropertyDesc>
        <AcquiredDt>2000-04-04</AcquiredDt>
        <CostOrOtherBasisAmt>1474</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1474</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2004-12-28</AcquiredDt>
        <CostOrOtherBasisAmt>2181</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2181</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PRINTER</PropertyDesc>
        <AcquiredDt>2006-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>1010</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1010</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc3">
      <InvestmentsCorporateBondsGrp>
        <BondNm>EDWARD JONES CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>1060729</EOYBookValueAmt>
        <EOYFMVAmt>1005233</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <USGovtObligationsBookVlEOYAmt>96077</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>99995</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EDWARD JONES MUTUAL FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>49039</BookValueAmt>
        <EOYFMVAmt>50434</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc6">
      <LandEtcGrp>
        <CategoryOrItemTxt>FIXED ASSETS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>14398</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>14398</AccumulatedDepreciationAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherDecreasesSchedule documentId="RetDoc7">
      <OtherDecreasesDetail>
        <Desc>FEDERAL 990 TAX</Desc>
        <Amt>724</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ACCRUED INTEREST PURCHASED</Desc>
        <RevenueAndExpensesPerBooksAmt>1124</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1124</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>87</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>65</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>22</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>370</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>278</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>93</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>P.O. BOX RENT</Desc>
        <RevenueAndExpensesPerBooksAmt>72</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>54</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>18</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>340</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>255</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>85</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ROUNDING</Desc>
        <RevenueAndExpensesPerBooksAmt>-1</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc9">
      <OtherIncreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>1</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>733</Amt>
        <NetInvestmentIncomeAmt>550</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>183</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>