﻿<?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>2025-03-12T14:18:14-04:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>590673514</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BUNTING TRIPP &amp; INGLEY LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>230 EAST TILLMAN AVENUE</AddressLine1Txt>
        <CityNm>LAKE WALES</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>338533714</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>363534360</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>KENNETH AND LEONA LARRANCE</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>SCHOLARSHIP TRUST</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>KENN</BusinessNameControlTxt>
      <PhoneNum>8636865602</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1825 E EDGEWOOD DR</AddressLine1Txt>
        <CityNm>LAKELAND</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33803</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CITIZENS BANK TRUST</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>8636865602</PhoneNum>
      <SignatureDt>2025-03-12</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MICHELLE G HURST</PreparerPersonNm>
      <PTIN>P00297526</PTIN>
      <PhoneNum>8636767981</PhoneNum>
      <PreparationDt>2025-03-12</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc9" referenceDocumentId="RetDoc8">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>0</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>22412</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>22412</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>64687</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>168721</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>64687</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>87099</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>87099</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">975</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>975</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc6">15307</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>15307</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc7">1098</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1098</TaxesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>17380</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>17380</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>61069</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>61069</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>78449</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>17380</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>61069</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>8650</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>69719</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <USGovernmentObligationsBOYAmt>29971</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt>26617</USGovernmentObligationsEOYAmt>
        <CorporateStockBOYAmt>1191408</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">1274608</CorporateStockEOYAmt>
        <TotalAssetsBOYAmt>1221379</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1301225</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>0</TotalAssetsEOYFMVAmt>
        <DeferredRevenueBOYAmt>588715</DeferredRevenueBOYAmt>
        <DeferredRevenueEOYAmt>659911</DeferredRevenueEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc5">495</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc5">1490</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>589210</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>661401</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>632169</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>639824</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>632169</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>639824</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1221379</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1301225</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>632169</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>8650</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>640819</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc4">995</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>639824</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VARIOUS SECURITY SALES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>27513</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>31659</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4146</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4146</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VARIOUS SECURITY SALES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>111602</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>64234</CostOrOtherBasisAmt>
          <GainOrLossAmt>47368</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>47368</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VARIOUS SECURITY SALES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>29596</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8141</CostOrOtherBasisAmt>
          <GainOrLossAmt>21455</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>21455</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>64687</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>969</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>969</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>969</TaxBasedOnInvestmentIncomeAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <EsPenaltyAmt>26</EsPenaltyAmt>
        <TaxDueAmt>995</TaxDueAmt>
      </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>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>CITIZENS BANK TRUST</IndividualWithBooksNm>
        <PhoneNum>8636767631</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>P O BOX 3400</AddressLine1Txt>
          <CityNm>LAKE WALES</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>338593400</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>CITIZENS BANK TRUST</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3400</AddressLine1Txt>
            <CityNm>LAKE WALES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33859</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</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>1233008</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>28294</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1261302</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1261302</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>18920</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1242382</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>62119</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>62119</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>969</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>969</TotalTaxAmt>
        <DistributableBeforeAdjAmt>61150</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>61150</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>61150</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>61069</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>61069</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>61150</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>3435</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>61069</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>3435</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>57634</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>3516</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>N CENTRAL COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>30 N BRAINARD STREET</AddressLine1Txt>
            <CityNm>NAPERVILLE</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60566</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EDUCATIONAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>61069</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>61069</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>22412</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>64677</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>10</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>64677</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>22422</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>87099</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <Amt>975</Amt>
        <NetInvestmentIncomeAmt>975</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>COMMON STOCK/MUTUAL FUND INVESTMENTS</StockNm>
        <EOYBookValueAmt>1274608</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="RetDoc4">
      <OtherDecreasesDetail>
        <Desc>EXCISE TAX EXPENSE</Desc>
        <Amt>995</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc5">
      <OtherLiabilitiesDetail>
        <Desc>EXCISE TAX PAYABLE</Desc>
        <BOYBookValueAmt>495</BOYBookValueAmt>
        <EOYBookValueAmt>495</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>EXCISE TAX LIABILITY 2024</Desc>
        <EOYBookValueAmt>995</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc6">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT FEES</CategoryTxt>
        <Amt>15307</Amt>
        <NetInvestmentIncomeAmt>15307</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID</CategoryTxt>
        <Amt>1098</Amt>
        <NetInvestmentIncomeAmt>1098</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>