﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2025v4.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-06-29T09:14:07-06:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>593756893</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Matthew S Groom CPA PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>273 Pinewood Drive</AddressLine1Txt>
        <CityNm>Tallahassee</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32303</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>591297267</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>The Alfred I duPont Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% Clay Smallwood</InCareOfNm>
      <BusinessNameControlTxt>ALFR</BusinessNameControlTxt>
      <PhoneNum>9046974123</PhoneNum>
      <USAddress>
        <AddressLine1Txt>10140 Centurion Parkway North STE 1</AddressLine1Txt>
        <CityNm>Jacksonville</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32256</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CLAY SMALLWOOD</PersonNm>
      <PersonTitleTxt>PresidentTreasurerDirector</PersonTitleTxt>
      <PhoneNum>9046974123</PhoneNum>
      <SignatureDt>2026-06-22</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MATTHEW S GROOM CPA PA</PreparerPersonNm>
      <PTIN>P00441128</PTIN>
      <PhoneNum>8502222727</PhoneNum>
      <PreparationDt>2026-06-29</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>51961675</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>2844</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>2844</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>2391879</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>2391879</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>916386</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>6969307</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>916386</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">1072</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1072</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>3312181</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>3312181</TotalNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">31750</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedul-147-Copy1">264738</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>105004</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>159734</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>296488</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>105004</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>159734</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>2262970</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>2262970</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>2559458</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>105004</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>2422704</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>752723</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>3207177</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>396</CashBOYAmt>
        <CashEOYAmt>59366</CashEOYAmt>
        <CashEOYFMVAmt>59366</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1585400</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1006906</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1006906</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>9830792</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">10075508</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>21116805</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>19059519</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">19324930</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>19198365</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>7454531</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">8216651</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>10580233</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>37930638</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>38683361</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>51961675</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>14673258</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>14673258</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>23257380</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>24010103</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>37930638</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>38683361</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>37930638</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>38683361</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>37930638</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>752723</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>38683361</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>38683361</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Schedule attached pdf</PropertyDesc>
          <AcquiredDt>2021-01-01</AcquiredDt>
          <SoldDt>2025-12-31</SoldDt>
          <GrossSalesPriceAmt>6969307</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6052921</CostOrOtherBasisAmt>
          <GainOrLossAmt>916386</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>916386</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>916386</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>44580</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>44580</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>44580</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>30000</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>30000</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>14580</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>
        <IndividualWithBooksNm>KAREN JONES</IndividualWithBooksNm>
        <PhoneNum>9046974123</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>10140 Centurion Parkway North</AddressLine1Txt>
          <CityNm>Jacksonville</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32256</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>true</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</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>Rosemary Wills</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Clay Smallwood</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>PresidentTreasurerDirector</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>W W Carlson</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Vice-PresidentDirector</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>E C Brownlie</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Vice-PresidentDirector</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Braden Ball Jr</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Rush Loving</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Matt Groom</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>24500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Karen Jones</PersonNm>
          <USAddress>
            <AddressLine1Txt>10140 Centurion Pkwy N</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </USAddress>
          <TitleTxt>SecretaryDir of Adm</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>79695</CompensationAmt>
          <EmployeeBenefitProgramAmt>33453</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>Grants to individuals and charitable organizationsIndividual grants are generally limited to elderly individuals residing in the SE US in distressed economic</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <Description2Txt>See pdf attachment showing grants</Description2Txt>
        <Expenses2Amt>0</Expenses2Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>50470817</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>550994</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>51021811</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>51021811</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>765327</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>50256484</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2512824</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2512824</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>44580</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>44580</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2468244</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>2468244</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>2468244</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>2422704</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>2422704</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2468244</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>2223565</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>2422704</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>2223565</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>199139</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>2269105</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>KAREN JONES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10140 Centurion Pky North</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9046974123</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>After receiving request, forms are mailed to applicant.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>No</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Individual grants are generally limited to those residing in the SE United States in distressed economic situations</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Schedule attached pdf</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>Schedule attached pdf</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>I</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Organizations tax exempt purpose</GrantOrContributionPurposeTxt>
          <Amt>330000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Schedule attached pdf</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>Schedule attached pdf</AddressLine1Txt>
            <CityNm>Jacksonville</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32256</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>Organizations tax exempt purpose</GrantOrContributionPurposeTxt>
          <Amt>1932970</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2262970</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2844</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2391879</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1072</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>916386</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>3312181</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>3312181</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>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Bonds, notes, fixed rate</BondNm>
        <EOYBookValueAmt>19324930</EOYBookValueAmt>
        <EOYFMVAmt>19198365</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule">
      <InvestmentsCorporateStockGrp>
        <StockNm>Corporate stocks</StockNm>
        <EOYBookValueAmt>10075508</EOYBookValueAmt>
        <EOYFMVAmt>21116805</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Mutual funds</CategoryOrItemTxt>
        <BookValueAmt>8216651</BookValueAmt>
        <EOYFMVAmt>10580233</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule">
      <OtherExpensesScheduleGrp>
        <Desc>Office supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>5231</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5231</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Director fees</Desc>
        <RevenueAndExpensesPerBooksAmt>27500</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>14000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>13500</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Travel</Desc>
        <RevenueAndExpensesPerBooksAmt>5114</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5114</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Accounting</Desc>
        <RevenueAndExpensesPerBooksAmt>22000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>22000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Other expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>61</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>61</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office rent</Desc>
        <RevenueAndExpensesPerBooksAmt>54338</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>54338</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>2916</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2916</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Salary and benefits</Desc>
        <RevenueAndExpensesPerBooksAmt>113149</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>56575</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>56574</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Investment fees</Desc>
        <RevenueAndExpensesPerBooksAmt>28733</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>28733</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Investment expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>5696</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5696</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2">
      <OtherIncomeDetail>
        <Desc>Deferred income payment</Desc>
        <RevenueAndExpensesPerBooksAmt>1072</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1072</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>Federal excise tax on inv inco</CategoryTxt>
        <Amt>31750</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>