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      <BusinessNameControlTxt>ABNE</BusinessNameControlTxt>
      <PhoneNum>5154623731</PhoneNum>
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    <BusinessOfficerGrp>
      <PersonNm>CAROL KIERNAN</PersonNm>
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        <SavAndTempCashInvstEOYFMVAmt>6248</SavAndTempCashInvstEOYFMVAmt>
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        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>233945</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>220208</CapitalStockEOYAmt>
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        <TotalLiabilitiesNetAstBOYAmt>233945</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>220208</TotalLiabilitiesNetAstEOYAmt>
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      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>233945</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-19735</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">5998</OtherIncreasesAmt>
        <SubtotalAmt>220208</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>220208</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>213</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>213</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>213</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>213</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>213</TotalPaymentsAndCreditsAmt>
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        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
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        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
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        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
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          <CityNm>WINTERSET</CityNm>
          <StateAbbreviationCd>IA</StateAbbreviationCd>
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        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
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        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
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        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
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        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
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          <USAddress>
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            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>150</CompensationAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CAROL KIERNAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>315 W LANE</AddressLine1Txt>
            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>150</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
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      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THIS TRUST AWARDS SCHOLARSHIPS TO PERSONS UNDER 21 YEARS OF AGE WHEN THEY FIRST APPLY, WHO ARE PHYSICALLY HANDICAPPED AND ARE RESIDENTS OF MADISON COUNTY, IOWA, TO FURTHER THEIR EDUCATION BEYOND THE HIGH SCHOOL LEVEL.</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>679096</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>11455</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>690551</TotalFMVOfUnusedAssetsAmt>
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        <AdjustedTotalFMVOfUnusedAstAmt>690551</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>10358</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>680193</NetVlNoncharitableAssetsAmt>
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        <MinimumInvestmentReturnAmt>34010</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>213</TaxBasedOnInvestmentIncomeAmt>
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        <QualifyingDistributionsAmt>35672</QualifyingDistributionsAmt>
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        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
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        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>CAROL KIERNAN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 230 Winterset Iowa 50273</AddressLine1Txt>
            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <RecipientPhoneNum>5154623731</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SEE ATTACHED</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>APPLICANTS MUST BE RESIDENTS OF MADISON COUNTY, IOWA, PHYSICALLY HANDICAPPED, AND UNDER THE AGE OF 21 YEARS WHEN THEY FIRST APPLY.</RestrictionsOnAwardsTxt>
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          <RecipientPersonNm>CARSON BOYLE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1892 KIOWA COURT</AddressLine1Txt>
            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>7250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PATRICK SCHULTZ</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1812 MILLSTREAM COURT</AddressLine1Txt>
            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>1</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>7250</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BEN MORTVEDT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1921 DOGWOOD LANE</AddressLine1Txt>
            <CityNm>WINTERSET</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SETH BREEDING</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>510 E South Street</AddressLine1Txt>
            <CityNm>Winterset</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
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          <RecipientPersonNm>HONOR HATCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1423 W South Street</AddressLine1Txt>
            <CityNm>Winterset</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
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            <CityNm>Winterset</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50273</ZIPCd>
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            <StateAbbreviationCd>IA</StateAbbreviationCd>
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      <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>
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        <EOYBookValueAmt>213960</EOYBookValueAmt>
        <EOYFMVAmt>681442</EOYFMVAmt>
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    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <LegalFeesGrp>
        <CategoryTxt>Jerrold B. Oliver</CategoryTxt>
        <LegalFeesAmt>1000</LegalFeesAmt>
        <NetInvestmentIncomeAmt>1000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1000</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1000</DisbursementsCharitablePrpsAmt>
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    </LegalFeesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <OtherIncreasesDetail>
        <Desc>Misc</Desc>
        <Amt>5998</Amt>
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    <TaxesSchedule documentId="TaxesSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <TaxesDetail>
        <CategoryTxt>EJ- FOREIGN TAX PAID</CategoryTxt>
        <Amt>152</Amt>
        <NetInvestmentIncomeAmt>152</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>152</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>152</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>IRS Excise Taxes-4720</CategoryTxt>
        <Amt>566</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>IRS Excise Taxes-4940</CategoryTxt>
        <Amt>507</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>