﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v6.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-01-29T09:45:06-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>030302296</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KITTELL BRANAGAN &amp; SARGENT</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>154 N MAIN ST</AddressLine1Txt>
        <CityNm>ST ALBANS</CityNm>
        <StateAbbreviationCd>VT</StateAbbreviationCd>
        <ZIPCd>05478</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>036005697</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>OLIN SCOTT FUND INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>OLIN</BusinessNameControlTxt>
      <PhoneNum>8024471096</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 1208</AddressLine1Txt>
        <CityNm>BENNINGTON</CityNm>
        <StateAbbreviationCd>VT</StateAbbreviationCd>
        <ZIPCd>05201</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>WILLIAM J FISK</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>8024471096</PhoneNum>
      <SignatureDt>2025-01-28</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MARK MAYER CPA</PreparerPersonNm>
      <PTIN>P01407388</PTIN>
      <PhoneNum>8025249531</PhoneNum>
      <PreparationDt>2025-01-28</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc8">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>6141285</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>38</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>38</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>38</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>93722</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>93722</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>93722</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>166172</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>996167</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>64614</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>49674</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc5">27100</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeAdjNetIncmAmt>27100</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>287032</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>158374</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>170534</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>24000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>9600</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>4800</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>9600</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>42000</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>4200</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsAdjNetIncmAmt>6300</OthEmplSlrsWgsAdjNetIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>31500</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>4450</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>445</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftAdjNetIncmAmt>667</PensionEmplBnftAdjNetIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>3338</PensionEmplBnftDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">14525</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesAdjNetIncmAmt>14525</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc6">19399</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>19399</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc7">4847</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>2180</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>444</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>2222</TaxesDsbrsChrtblAmt>
        <OccupancyRevAndExpnssAmt>6719</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>672</OccupancyNetInvstIncmAmt>
        <OccupancyAdjNetIncmAmt>1008</OccupancyAdjNetIncmAmt>
        <OccupancyDsbrsChrtblAmt>5039</OccupancyDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc3">9604</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>320</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>3882</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>5402</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>125544</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>36816</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>31626</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>57101</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>125544</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>36816</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>31626</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>57101</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>161488</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>121558</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>138908</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>86540</CashBOYAmt>
        <CashEOYAmt>69739</CashEOYAmt>
        <CashEOYFMVAmt>69739</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>60816</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>9073</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>9073</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblAmt>1676364</AcctRcvblAmt>
        <AcctRcvblAllwncDbtflAcctAmt>20000</AcctRcvblAllwncDbtflAcctAmt>
        <AcctRcvblBOYAmt>1232946</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>1656364</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>1656364</AcctRcvblEOYFMVAmt>
        <PrepaidExpensesEOYAmt>3996</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>3996</PrepaidExpensesEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>4343687</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt>4402113</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>4402113</USGovtObligationsEOYFMVAmt>
        <TotalAssetsBOYAmt>5723989</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6141285</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>6141285</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>12325</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>12499</AccountsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>12325</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>12499</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsEOYAmt>3997</NoDonorRstrNetAssestsEOYAmt>
        <DonorRstrNetAssetsBOYAmt>5711664</DonorRstrNetAssetsBOYAmt>
        <DonorRstrNetAssetsEOYAmt>6124789</DonorRstrNetAssetsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>5711664</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6128786</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>5723989</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6141285</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>5711664</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>161488</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc4">255634</OtherIncreasesAmt>
        <SubtotalAmt>6128786</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>6128786</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>220,000 FDEXX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-08</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>220000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>220000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>470.7280 CAIFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>30668</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25492</CostOrOtherBasisAmt>
          <GainOrLossAmt>5176</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5176</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>876.1680 VDIGX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>31794</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>31270</CostOrOtherBasisAmt>
          <GainOrLossAmt>524</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>524</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,010.8840 AMBFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-20</SoldDt>
          <GrossSalesPriceAmt>31832</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>26019</CostOrOtherBasisAmt>
          <GainOrLossAmt>5813</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5813</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2441.6090 DODIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>30230</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30035</CostOrOtherBasisAmt>
          <GainOrLossAmt>195</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>195</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1127.0290 VEIPX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-18</SoldDt>
          <GrossSalesPriceAmt>46027</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>45002</CostOrOtherBasisAmt>
          <GainOrLossAmt>1025</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1025</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>93.3710 AMBFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>3000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2362</CostOrOtherBasisAmt>
          <GainOrLossAmt>638</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>638</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>457.4870 GFFFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>28936</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25761</CostOrOtherBasisAmt>
          <GainOrLossAmt>3175</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3175</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>898.8630 GBLFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>31788</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>28864</CostOrOtherBasisAmt>
          <GainOrLossAmt>2924</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2924</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>332.0600 GFFFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-08-24</SoldDt>
          <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18684</CostOrOtherBasisAmt>
          <GainOrLossAmt>1316</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1316</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2188.9720 GBLFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>79000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>70310</CostOrOtherBasisAmt>
          <GainOrLossAmt>8690</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8690</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>46.6850 GFFFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>3000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2627</CostOrOtherBasisAmt>
          <GainOrLossAmt>373</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>373</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1649.8330 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>15288</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15277</CostOrOtherBasisAmt>
          <GainOrLossAmt>11</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>140.0560 GFFFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>9000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7880</CostOrOtherBasisAmt>
          <GainOrLossAmt>1120</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1120</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>18867.8830 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>174528</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>174723</CostOrOtherBasisAmt>
          <GainOrLossAmt>-195</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-195</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>486.8310 ANWFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-20</SoldDt>
          <GrossSalesPriceAmt>27691</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14032</CostOrOtherBasisAmt>
          <GainOrLossAmt>13659</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13659</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>55.5670 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-29</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>514</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>512</CostOrOtherBasisAmt>
          <GainOrLossAmt>2</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>129.3660 ANWFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-08-24</SoldDt>
          <GrossSalesPriceAmt>7000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3839</CostOrOtherBasisAmt>
          <GainOrLossAmt>3161</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3161</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>643.8290 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-20</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>5955</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-45</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-45</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>92.4040 ANWFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-08-24</SoldDt>
          <GrossSalesPriceAmt>5000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2742</CostOrOtherBasisAmt>
          <GainOrLossAmt>2258</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2258</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>40.625BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-26</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>376</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>378</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>110.8850 ANWFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-08-24</SoldDt>
          <GrossSalesPriceAmt>6000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2839</CostOrOtherBasisAmt>
          <GainOrLossAmt>3161</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3161</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>55.9620 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-02-27</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>518</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>515</CostOrOtherBasisAmt>
          <GainOrLossAmt>3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>66.4560 RPMGX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-19</SoldDt>
          <GrossSalesPriceAmt>6851</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5865</CostOrOtherBasisAmt>
          <GainOrLossAmt>986</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>986</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>56.7610 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-03-28</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>525</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>527</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>69.5520 RPMGX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>7000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6139</CostOrOtherBasisAmt>
          <GainOrLossAmt>861</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>861</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>57.9580 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-04-26</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>536</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>541</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1049.9040 TRMCX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2023-07-18</SoldDt>
          <GrossSalesPriceAmt>33261</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29271</CostOrOtherBasisAmt>
          <GainOrLossAmt>3990</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3990</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>58.6150 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-05-23</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>542</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>542</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>995.0560 TRMCX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-21</AcquiredDt>
          <SoldDt>2024-01-25</SoldDt>
          <GrossSalesPriceAmt>31000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>27742</CostOrOtherBasisAmt>
          <GainOrLossAmt>3258</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3258</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>59.7470 BSBIX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-06-27</AcquiredDt>
          <SoldDt>2023-08-23</SoldDt>
          <GrossSalesPriceAmt>553</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>552</CostOrOtherBasisAmt>
          <GainOrLossAmt>1</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>92.7820 SMCFX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-12-22</AcquiredDt>
          <SoldDt>2023-07-20</SoldDt>
          <GrossSalesPriceAmt>6196</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3653</CostOrOtherBasisAmt>
          <GainOrLossAmt>2543</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2543</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>64614</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>49674</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1690</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1690</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1690</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>5630</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>5630</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <EsPenaltyAmt>3</EsPenaltyAmt>
        <OverpaymentAmt>3937</OverpaymentAmt>
        <AppliedToESTaxAmt>3937</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>VT</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.OLINSCOTTFUND.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>DEIRDRE RYAN</IndividualWithBooksNm>
        <PhoneNum>8024471096</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>407 MAIN STREET</AddressLine1Txt>
          <CityNm>BENNINGTON</CityNm>
          <StateAbbreviationCd>VT</StateAbbreviationCd>
          <ZIPCd>05201</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>CHARLES LETOURNEAU</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 1208</AddressLine1Txt>
            <CityNm>BENNINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05201</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT CUMMINGS JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 1208</AddressLine1Txt>
            <CityNm>BENNINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05201</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WILLIAM J FISK</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 1208</AddressLine1Txt>
            <CityNm>BENNINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05201</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>6.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>8000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEIRDRE RYAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 1208</AddressLine1Txt>
            <CityNm>BENNINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05201</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR OF</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>STUDENT LOANS GRANTED DURING THE YEAR</Description1Txt>
        <Expenses1Amt>566500</Expenses1Amt>
        <TotalAmt>566500</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3181034</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>176281</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>3357315</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>3357315</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>50360</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>3306955</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>165348</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>165348</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1690</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1690</TotalTaxAmt>
        <DistributableBeforeAdjAmt>163658</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>163658</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>163658</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>57101</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>566500</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>623601</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>163658</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>113302</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>139771</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>79399</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>93604</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>426076</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>623601</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>163658</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>459943</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>886019</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>886019</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>113302</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>139771</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>79399</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>93604</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>459943</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>OLIN SCOTT FUND INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>407 MAIN STREET</AddressLine1Txt>
            <CityNm>BENNINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05201</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>8024471096</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SEE ATTACHED APPLICATION</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>SEE ATTACHED APPLICATION</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>SEE ATTACHED APPLICATION</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>38</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>93722</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>64614</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>101558</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>APPLICATION FEE</Desc>
          <RelatedOrExemptFunctionIncmAmt>425</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>CLOSING COST</Desc>
          <RelatedOrExemptFunctionIncmAmt>2883</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>LATE PAYMENT</Desc>
          <RelatedOrExemptFunctionIncmAmt>833</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>STUDENT LOAN INTEREST</Desc>
          <RelatedOrExemptFunctionIncmAmt>22959</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>158374</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>128658</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>287032</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11A</LineNumberTxt>
          <RelationshipStatementTxt>THE INTEREST AND FEES EARNED IN THE PROCESS OF GRANTING ARE DIRECTLY RELATED TO THE FUND'S EXEMPT PURPOSE OF GRANTING STURDENT LOANS.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>14525</Amt>
        <AdjustedNetIncomeAmt>14525</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc3">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>1574</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>25</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1361</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>188</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LEGAL NOTICE</Desc>
        <RevenueAndExpensesPerBooksAmt>106</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>106</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEMBERSHIPS</Desc>
        <RevenueAndExpensesPerBooksAmt>1016</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>1016</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES &amp; POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>996</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>498</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>498</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>1291</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>129</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>194</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>968</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>1108</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>166</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>388</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>554</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>1110</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1110</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>35</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>35</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLENEOUS EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>89</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>89</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROVISION FOR UNCOLLECTIBLE S</Desc>
        <RevenueAndExpensesPerBooksAmt>2084</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2084</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIRS AND MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>195</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>195</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc5">
      <OtherIncomeDetail>
        <Desc>APPLICATION FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>425</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>425</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CLOSING COST</Desc>
        <RevenueAndExpensesPerBooksAmt>2883</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>2883</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>LATE PAYMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>833</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>833</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STUDENT LOAN INTEREST</Desc>
        <RevenueAndExpensesPerBooksAmt>22959</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>22959</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc4">
      <OtherIncreasesDetail>
        <Desc>NET UNREALIZED GAIN</Desc>
        <Amt>255634</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc6">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FUND MANAGEMENT FEES</CategoryTxt>
        <Amt>19399</Amt>
        <NetInvestmentIncomeAmt>19399</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>1884</Amt>
        <NetInvestmentIncomeAmt>1884</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>2963</Amt>
        <NetInvestmentIncomeAmt>296</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>444</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2222</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>