﻿<?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" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-07-07T13:16:01-07:00</ReturnTs>
    <TaxPeriodEndDt>2024-08-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>751045245</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BRIGHT &amp; BRIGHT LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>8226 DOUGLAS AVE STE 520</AddressLine1Txt>
        <CityNm>DALLAS</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75225</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-09-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>756036761</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>HAWN FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>HAWN</BusinessNameControlTxt>
      <PhoneNum>2146966595</PhoneNum>
      <USAddress>
        <AddressLine1Txt>8226 DOUGLAS AVENUE 520</AddressLine1Txt>
        <CityNm>DALLAS</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75225</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JOE V HAWN JR</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2025-07-03</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>G Todd Bright</PreparerPersonNm>
      <PTIN>P01251013</PTIN>
      <PhoneNum>2143630211</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="12">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation BinaryAttachment.1" softwareId="23017517" softwareVersionNum="2023v6.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>47809211</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>101987</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>36937</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>36937</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>36937</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>418700</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>418700</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>418700</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>117207</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1396419</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>117207</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>21678</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">1121456</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1121456</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1796287</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1694300</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>477315</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>167128</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>16500</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>150628</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">20456</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>20456</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">169858</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>107858</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>62000</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">12189</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1262</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>10927</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">28559</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>17459</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>11100</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>398190</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>163535</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>234655</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1285468</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1285468</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1683658</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>163535</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1520123</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>112629</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1530765</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>477315</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>905038</CashBOYAmt>
        <CashEOYAmt>1441444</CashEOYAmt>
        <CashEOYFMVAmt>1441444</CashEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>191</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="OtherNotesLoansReceviableLongS">191</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>191</OtherNtsAndLoansRcvblEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>3743</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>3478</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>265</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="InvestmentsLandSchedule2">265</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>265</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>42743325</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">42007208</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>45978239</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">92000</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">389072</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">389072</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>43740628</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>43838180</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>47809211</TotalAssetsEOYFMVAmt>
        <GrantsPayableBOYAmt>1127009</GrantsPayableBOYAmt>
        <GrantsPayableEOYAmt>856500</GrantsPayableEOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabilitiesSchedule">1135</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>1127009</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>857635</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>42613619</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>42980545</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>42613619</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>42980545</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>43740628</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>43838180</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>42613619</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>112629</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">686115</OtherIncreasesAmt>
        <SubtotalAmt>43412363</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">431818</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>42980545</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>299 ISHARES CORE S&amp;P 500 ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-11</AcquiredDt>
          <SoldDt>2023-10-27</SoldDt>
          <GrossSalesPriceAmt>125331</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>138257</CostOrOtherBasisAmt>
          <GainOrLossAmt>-12926</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-12926</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>410 ISHARES CORE S&amp;P 500 ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-02-04</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>193908</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>184925</CostOrOtherBasisAmt>
          <GainOrLossAmt>8983</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8983</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>5,813.953 FIRST EAGLE GOLD I</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-31</AcquiredDt>
          <SoldDt>2023-12-21</SoldDt>
          <GrossSalesPriceAmt>145000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>144400</CostOrOtherBasisAmt>
          <GainOrLossAmt>600</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>600</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>18,068.988 LAZARD GLOBAL LISTED INF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2023-12-21</SoldDt>
          <GrossSalesPriceAmt>275000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>286830</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11830</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11830</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>86 ISHARES CORE S&amp;P 500 ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-31</AcquiredDt>
          <SoldDt>2024-03-27</SoldDt>
          <GrossSalesPriceAmt>45009</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>38789</CostOrOtherBasisAmt>
          <GainOrLossAmt>6220</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6220</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>180 ISHARES CORE S&amp;P 500 ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-31</AcquiredDt>
          <SoldDt>2024-07-31</SoldDt>
          <GrossSalesPriceAmt>97713</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>81186</CostOrOtherBasisAmt>
          <GainOrLossAmt>16527</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16527</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>610 ISHARES CORE S&amp;P 500 ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-12-31</AcquiredDt>
          <SoldDt>2024-08-20</SoldDt>
          <GrossSalesPriceAmt>341720</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>265595</CostOrOtherBasisAmt>
          <GainOrLossAmt>76125</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>76125</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,700 SCHWAB US LARGE CAP GROWTH ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2024-08-20</SoldDt>
          <GrossSalesPriceAmt>172738</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>139230</CostOrOtherBasisAmt>
          <GainOrLossAmt>33508</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>33508</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>117207</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>21678</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>21278</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>21278</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>21278</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>69107</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>69107</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>47829</OverpaymentAmt>
        <AppliedToESTaxAmt>47829</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>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.HAWNFOUNDATION.ORG</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>BRIGHT &amp; BRIGHT LLP</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2143630211</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>8226 DOUGLAS AVENUE STE 520</AddressLine1Txt>
          <CityNm>DALLAS</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75225</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2022</UndistributedIncomePY1Yr>
        <UndistrIncmSect4942a2NotAppInd>true</UndistrIncmSect4942a2NotAppInd>
        <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 V HAWN JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>8226 DOUGLAS AVENUE STE 520</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>150628</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EDWARD A COPLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>1700 PACIFIC AVE SUITE 4100</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75201</ZIPCd>
          </USAddress>
          <TitleTxt>SECR/DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARGARET HAWN KELLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>4137 PURDUE AVE</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SARAH HAWN</PersonNm>
          <USAddress>
            <AddressLine1Txt>8226 DOUGLAS AVE SUITE 520</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHANNON BAIR</PersonNm>
          <USAddress>
            <AddressLine1Txt>5309 E 79TH STREET</AddressLine1Txt>
            <CityNm>TULSA</CityNm>
            <StateAbbreviationCd>OK</StateAbbreviationCd>
            <ZIPCd>74136</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>16500</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOUGLAS KELLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>4068 PURDUE</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN BAIR</PersonNm>
          <USAddress>
            <AddressLine1Txt>5309 E 79TH STREET</AddressLine1Txt>
            <CityNm>TULS</CityNm>
            <StateAbbreviationCd>OK</StateAbbreviationCd>
            <ZIPCd>74136</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THE ONLY CHARITABLE ACTIVITY DURING THE TAX YEAR WAS THE DIRECT CASH CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS. (SEE ATTACHED LIST OF CHARITABLE ORGANIZATIONS.)</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>11247715</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>2836639</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>29064970</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>43149324</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>43149324</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>647240</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>42502084</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2125104</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2125104</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>21278</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>21278</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2103826</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>2103826</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>2103826</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1520123</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1520123</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2103826</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>1490231</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>1520123</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>1490231</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>29892</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>2073934</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>JOE V HAWN JR</RecipientPersonNm>
          <FormAndInfoAndMaterialsTxt>A LETTER OF INQUIRY SHOULD BE SUBMITTED BY MARCH 15TH EACH YEAR. THE FOUNDATION WILL THEN EXTEND INVITATIONS TO QUALIFIED ORGANIZATIONS TO COMPLETE THE GRANT REQUEST APPLICATION.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>THE GRANT REQUEST APPLICATIONS ARE DUE JUNE 1 OF EACH YEAR.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>THE PRIMARY EMPHASIS FOR QUALIFIED CHARITIES SHOULD BE TO SERVE THE DALLAS, TEXAS METROPOLITAN AREA.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHED LIST</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8226 DOUGLAS AVENUE</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75225</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE ATTACHED</GrantOrContributionPurposeTxt>
          <Amt>1285468</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1285468</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>36937</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>418700</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>117207</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>NET INCOME FROM PASS-THROUGHS</Desc>
          <ExclusionAmt>1107972</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OIL &amp; GAS INCOME</Desc>
          <ExclusionAmt>567</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME - KINDER MORGAN</Desc>
          <ExclusionAmt>2</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>PENSION DISTRIBUTION</Desc>
          <ExclusionAmt>12915</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1694300</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1694300</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="AccountingFeesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>20456</Amt>
        <NetInvestmentIncomeAmt>20456</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsLandSchedule2 documentId="InvestmentsLandSchedule2" softwareId="23017517" softwareVersionNum="2023v6.0">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Auto./Transportation Equip.</CategoryOrItemTxt>
        <EOYFMVAmt>265</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>328</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>328</AccumulatedDepreciationAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2864</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2599</AccumulatedDepreciationAmt>
        <BookValueAmt>265</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Miscellaneous</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>551</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>551</AccumulatedDepreciationAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="23017517" softwareVersionNum="2023v6.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EQUITY / HF / FIXED IN INVESTMENTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>42007208</BookValueAmt>
        <EOYFMVAmt>45978239</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherAssetsScheduleGrp>
        <Desc>DIVIDENDS RECEIVABLE</Desc>
        <EOYBookValueAmt>1400</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>FAIR MARKET VALUE</Desc>
        <EOYFMVAmt>389072</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PARTNERSHIPS DISTR REC</Desc>
        <EOYBookValueAmt>339843</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PREPAID INCOME TAXES</Desc>
        <BOYBookValueAmt>92000</BOYBookValueAmt>
        <EOYBookValueAmt>47829</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER RELATED EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>2007</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2007</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>11100</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>11100</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS AND ENTERTAINMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>2201</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2201</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>3051</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3051</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>7031</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7031</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>1794</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1794</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRAVEL</Desc>
        <RevenueAndExpensesPerBooksAmt>1375</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1375</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherIncomeDetail>
        <Desc>NET INCOME FROM PASS-THROUGHS</Desc>
        <RevenueAndExpensesPerBooksAmt>1107972</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1107972</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OIL &amp; GAS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>567</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>567</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INCOME - KINDER MORGAN</Desc>
        <RevenueAndExpensesPerBooksAmt>2</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>PENSION DISTRIBUTION</Desc>
        <RevenueAndExpensesPerBooksAmt>12915</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12915</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherIncreasesDetail>
        <Desc>CORRECT RETAINED EARNINGS BEG BAL</Desc>
        <Amt>114326</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherLiabilitiesDetail>
        <Desc>CAPITAL CONTRIBUTIONS PAYABLE</Desc>
        <EOYBookValueAmt>1135</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="OtherNotesLoansReceviableLongS" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherNotesLoansRcvblLongGrp>
        <BorrowerNameGrp>
          <PersonNm>JOE V HAWN JR</PersonNm>
        </BorrowerNameGrp>
        <BalanceDueAmt>191</BalanceDueAmt>
        <InterestRt>0.0000</InterestRt>
      </OtherNotesLoansRcvblLongGrp>
    </OtherNotesLoansRcvblLongSch>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT</CategoryTxt>
        <Amt>107858</Amt>
        <NetInvestmentIncomeAmt>107858</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEES</CategoryTxt>
        <Amt>62000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>62000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="23017517" softwareVersionNum="2023v6.0">
      <TaxesDetail>
        <CategoryTxt>MEDICARE TAXES</CategoryTxt>
        <Amt>2423</Amt>
        <NetInvestmentIncomeAmt>156</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2267</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>508</Amt>
        <NetInvestmentIncomeAmt>508</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>SOCIAL SECURITY TAXES</CategoryTxt>
        <Amt>9258</Amt>
        <NetInvestmentIncomeAmt>598</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8660</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>