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          <PersonNm>JON LENGEL</PersonNm>
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            <CityNm>EAGLE</CityNm>
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            <ZIPCd>81631</ZIPCd>
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          <PersonNm>DEBBIE COMERFORD</PersonNm>
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            <CityNm>GREELEY</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80634</ZIPCd>
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          <PersonNm>STEVE SMITH</PersonNm>
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            <CityNm>EAGLE</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
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          <TitleTxt>SECRETARY</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LAURIE SLAUGHTER</PersonNm>
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            <AddressLine1Txt>PO BOX 414</AddressLine1Txt>
            <CityNm>GYPSUM</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81637</ZIPCd>
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          <TitleTxt>BOARD MEMBER</TitleTxt>
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          <PersonNm>SONIA BEASLEY</PersonNm>
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            <CityNm>EAGLE</CityNm>
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          <TitleTxt>BOARD MEMBER</TitleTxt>
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            <AddressLine1Txt>PO BOX 2082</AddressLine1Txt>
            <CityNm>EAGLE</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81631</ZIPCd>
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          <FormAndInfoAndMaterialsTxt>PLEASE SEE GRANT APPLICATION ON THE WEBSITE</FormAndInfoAndMaterialsTxt>
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            <CityNm>AVON</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81620</ZIPCd>
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          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAGLE VALLEY COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1580</AddressLine1Txt>
            <CityNm>VAIL</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81658</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1864</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FAMILY LEARNING CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>31626 HIGHWAY 6</AddressLine1Txt>
            <CityNm>EDWARDS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81632</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HABITAT FOR HUMANITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
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            <AddressLine1Txt>PO BOX 4149</AddressLine1Txt>
            <CityNm>AVON</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81620</ZIPCd>
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          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MOUNTAIN TOTS PRESCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 333</AddressLine1Txt>
            <CityNm>EAGLE</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81631</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE CYCLE EFFECT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1503</AddressLine1Txt>
            <CityNm>EAGLE</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81631</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROCKY MOUNTAIN WILD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1536 WYNKOOP STSTE 900</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>HABITAT/ENVIRONMENT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEEK - RED RIBBON PROJECT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 6098</AddressLine1Txt>
            <CityNm>AVON</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81620</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>1200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>15714</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>12907</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>4988</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>NON-DIVIDEND DISTRIBUTIONS</Desc>
          <RelatedOrExemptFunctionIncmAmt>432</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>CHANGE IN NET ASSETS</Desc>
          <RelatedOrExemptFunctionIncmAmt>-249</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>18078</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>18078</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>4</LineNumberTxt>
          <RelationshipStatementTxt>INVESTMENT EARNINGS TO FACILITATE GRANT FUNDING</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>INVESTMENT EARNINGS TO FACILITATE GRANT FUNDING</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11A</LineNumberTxt>
          <RelationshipStatementTxt>INVESTMENT EARNINGS TO FACILITATE GRANT FUNDING</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11B</LineNumberTxt>
          <RelationshipStatementTxt>INVESTMENT EARNINGS TO FACILITATE GRANT FUNDING</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="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>PRIOR YEAR TAX PREP FEES</CategoryTxt>
        <Amt>1595</Amt>
        <NetInvestmentIncomeAmt>1595</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLESLEY INV FUND - 65% BONDS</BondNm>
        <EOYBookValueAmt>17284</EOYBookValueAmt>
        <EOYFMVAmt>19038</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLINGTON INV FUND - 35% BONDS</BondNm>
        <EOYBookValueAmt>7693</EOYBookValueAmt>
        <EOYFMVAmt>11525</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>ANNALY CAPITAL MANAGEMENT INC</StockNm>
        <EOYBookValueAmt>99495</EOYBookValueAmt>
        <EOYFMVAmt>65604</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DIVIDEND GROWTH INVESTOR CL</StockNm>
        <EOYBookValueAmt>6503</EOYBookValueAmt>
        <EOYFMVAmt>9183</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORION PROPERTIES INC</StockNm>
        <EOYBookValueAmt>793</EOYBookValueAmt>
        <EOYFMVAmt>88</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REALTY INCOME CORP</StockNm>
        <EOYBookValueAmt>8963</EOYBookValueAmt>
        <EOYFMVAmt>22206</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SOUTH BOW CORP</StockNm>
        <EOYBookValueAmt>944</EOYBookValueAmt>
        <EOYFMVAmt>1319</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TC ENERGY CORP</StockNm>
        <EOYBookValueAmt>10535</EOYBookValueAmt>
        <EOYFMVAmt>13257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLESLEY INV FUNDS - 35% STOCKS</StockNm>
        <EOYBookValueAmt>9306</EOYBookValueAmt>
        <EOYFMVAmt>10251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLINGTON INV FUNDS - 65% STOCKS</StockNm>
        <EOYBookValueAmt>14287</EOYBookValueAmt>
        <EOYFMVAmt>21404</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE - D &amp; O</Desc>
        <RevenueAndExpensesPerBooksAmt>583</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>583</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc5">
      <OtherIncomeDetail>
        <Desc>NON-DIVIDEND DISTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>432</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>432</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>432</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CHANGE IN NET ASSETS</Desc>
        <RevenueAndExpensesPerBooksAmt>-249</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-249</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-249</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc6">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAXES PAID</CategoryTxt>
        <Amt>223</Amt>
        <NetInvestmentIncomeAmt>223</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>101</Amt>
        <NetInvestmentIncomeAmt>101</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>