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        <TotalAmt>7378</TotalAmt>
        <ProgramServicesAmt>5607</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1771</ManagementAndGeneralAmt>
      </ConferencesMeetingsGrp>
      <InterestGrp>
        <TotalAmt>1809504</TotalAmt>
        <ProgramServicesAmt>1809504</ProgramServicesAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>2444972</TotalAmt>
        <ProgramServicesAmt>2444972</ProgramServicesAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>432868</TotalAmt>
        <ProgramServicesAmt>432868</ProgramServicesAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>OXFORD-FIRE AND SAFETY</Desc>
        <TotalAmt>39640</TotalAmt>
        <ManagementAndGeneralAmt>39640</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>OXFORD - GENERAL CLEANING</Desc>
        <TotalAmt>38509</TotalAmt>
        <ManagementAndGeneralAmt>38509</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>OXFORD-TURNOVER EXPENSE</Desc>
        <TotalAmt>36218</TotalAmt>
        <ProgramServicesAmt>36218</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>OXFORD-CAPITAL EXPENDITUR</Desc>
        <TotalAmt>34683</TotalAmt>
        <ProgramServicesAmt>34683</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>195686</TotalAmt>
        <ProgramServicesAmt>100308</ProgramServicesAmt>
        <ManagementAndGeneralAmt>95378</ManagementAndGeneralAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>7044529</TotalAmt>
        <ProgramServicesAmt>6469529</ProgramServicesAmt>
        <ManagementAndGeneralAmt>537088</ManagementAndGeneralAmt>
        <FundraisingAmt>37912</FundraisingAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>3006920</BOYAmt>
        <EOYAmt>1103071</EOYAmt>
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      <SavingsAndTempCashInvstGrp>
        <BOYAmt>459031</BOYAmt>
        <EOYAmt>185393</EOYAmt>
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      <AccountsReceivableGrp>
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        <EOYAmt>396430</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
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        <EOYAmt>32884</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>45887705</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>20059804</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>28238102</BOYAmt>
        <EOYAmt>25827901</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>157782</EOYAmt>
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        <BOYAmt>278010</BOYAmt>
        <EOYAmt>1140961</EOYAmt>
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      <TotalAssetsGrp>
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        <EOYAmt>28844422</EOYAmt>
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        <EOYAmt>949252</EOYAmt>
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      <TaxExemptBondLiabilitiesGrp>
        <BOYAmt>14609549</BOYAmt>
        <EOYAmt>14275453</EOYAmt>
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      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>22726632</BOYAmt>
        <EOYAmt>21458503</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>649916</BOYAmt>
        <EOYAmt>678055</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>39114388</BOYAmt>
        <EOYAmt>37361263</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
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        <EOYAmt>-8731571</EOYAmt>
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      <DonorRestrictionNetAssetsGrp>
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        <EOYAmt>214730</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>-6371563</BOYAmt>
        <EOYAmt>-8516841</EOYAmt>
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        <EOYAmt>28844422</EOYAmt>
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      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>-2989417</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>39805</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>804334</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearMinus3YearsAmt>153965</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>304907</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>237021</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearAmt>3622360</CurrentTaxYearAmt>
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        <CurrentTaxYearAmt>4078255</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus2YearsAmt>85000</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>90000</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearAmt>18947</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus2YearsAmt>6174</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>6973</TotalAmt>
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      <TotalSupportCalendarYearGrp>
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        <CurrentTaxYearMinus3YearsAmt>6301222</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>5520225</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4339012</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>4097202</CurrentTaxYearAmt>
        <TotalAmt>25724209</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <PublicSupportCY509Pct>0.91770</PublicSupportCY509Pct>
      <PublicSupportPY509Pct>0.90260</PublicSupportPY509Pct>
      <InvestmentIncomeCYPct>0.00000</InvestmentIncomeCYPct>
      <InvestmentIncomePYPct>0.01000</InvestmentIncomePYPct>
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      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>PART III, LINE 12</FormAndLineReferenceDesc>
        <ExplanationTxt>6,973</ExplanationTxt>
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    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc2">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>1766932</OtherCostOrOtherBasisAmt>
        <BookValueAmt>1766932</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>40716321</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>19314746</DepreciationAmt>
        <BookValueAmt>21401575</BookValueAmt>
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      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>518377</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>482315</DepreciationAmt>
        <BookValueAmt>36062</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>3797</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>3797</DepreciationAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>2882278</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>258946</DepreciationAmt>
        <BookValueAmt>2623332</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>25827901</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO BEECH INT PIDC - INTERNATIONA</Desc>
        <Amt>572865</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO BEECH INTERPLEX-INTERNATIONAL</Desc>
        <Amt>304400</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>INTERCOMPANY - INT'L VILLAGE</Desc>
        <Amt>87119</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO MGMT COMPANY-OXFORD</Desc>
        <Amt>74448</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PREPAID RENTS-RESIDENTS-OXFORD</Desc>
        <Amt>65079</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO MGMT COMPANY - INT'L VILLAGE</Desc>
        <Amt>35739</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PREPAID RENTS - BI</Desc>
        <Amt>32019</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER LIABILITIES - INT'L VILLAGE</Desc>
        <Amt>24840</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>TENANT SECURITY DEPOSITS-BI</Desc>
        <Amt>24275</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>PREPAID RENT-INT'L VILLAGE</Desc>
        <Amt>15710</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>SECURITY DEPOSIT - OXFORD</Desc>
        <Amt>6149</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>FINANCED INSURANCE-OXFORD</Desc>
        <Amt>6113</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>SECURITY DEPOSIT-INT'L VILLAGE</Desc>
        <Amt>2164</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO BEECH INT PIDC - INTERN.</Desc>
        <Amt>-572865</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>678055</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>1452387</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>39805</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>39805</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>1412582</RevenueSubtotalAmt>
      <InvestmentExpensesNotIncldAmt>822</InvestmentExpensesNotIncldAmt>
      <OtherRevenuesNotIncludedAmt>2641708</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>2642530</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>4055112</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1691137</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>1691137</ExpensesSubtotalAmt>
      <InvestmentExpensesNotIncld2Amt>822</InvestmentExpensesNotIncld2Amt>
      <OtherExpensesNotIncludedAmt>5352570</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>5353392</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>7044529</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>BEECH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; AND NO PROVISION FOR LIABILITY FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN TAX POSITIONS. GAAP PRESCRIBES A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. BEECH BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>UNAUDITED DISREGARDED ENTITY REVENUES NOT ON F/S 360,431 UNAUDITED DISREGARDED ENTITY REVENUES NOT ON F/S 2,500 UNAUDITED DISREGARDED ENTITY REVENUES NOT ON F/S 2,278,777</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>UNAUDITED DISREGARDED ENTITY EXPENSES NOT OF F/S 1,520,504 UNAUDITED DISREGARDED ENTITY EXPENSES NOT OF F/S 381,416 UNAUDITED DISREGARDED ENTITY EXPENSES NOT OF F/S 1,399,488 UNAUDITED DISREGARDED ENTITY EXPENSES NOT OF F/S 2,051,162</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
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      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>KENNETH SCOTT</PersonNm>
        <TitleTxt>PRESIDENT/CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>240000</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>6642</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>246642</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="RetDoc4">
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        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1Txt>PHILADELPHIA AUTHORITY FOR INDUSTRI</BusinessNameLine1Txt>
        </IssuerName>
        <BondIssuerEIN>232237287</BondIssuerEIN>
        <CUSIPNum>7178185C8</CUSIPNum>
        <BondIssuedDt>2010-09-08</BondIssuedDt>
        <IssuePriceAmt>17029650</IssuePriceAmt>
        <PurposeDesc>CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING</PurposeDesc>
        <DefeasedInd>false</DefeasedInd>
        <OnBehalfOfIssuerInd>false</OnBehalfOfIssuerInd>
        <PoolFinancingInd>false</PoolFinancingInd>
      </TaxExemptBondsIssuesGrp>
      <TaxExemptBondsProceedsGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <SubstantialCompletionYr>2011</SubstantialCompletionYr>
        <RefundingTaxExemptBondsInd>false</RefundingTaxExemptBondsInd>
        <RefundingTaxableBondsInd>false</RefundingTaxableBondsInd>
        <FinalAllocationMadeInd>true</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>true</AdequateBooksAndRecMaintInd>
      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>false</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>false</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>false</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>false</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>false</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>false</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>false</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>false</Form8038TFiledInd>
        <RebateNotDueYetInd>false</RebateNotDueYetInd>
        <ExceptionToRebateInd>false</ExceptionToRebateInd>
        <NoRebateDueInd>false</NoRebateDueInd>
        <VariableRateIssueInd>false</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>false</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>false</WrittenProcToMonitorReqsInd>
      </TaxExemptBondsArbitrageGrp>
      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>false</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PURPOSE OF ISSUE DESCRIPTION</FormAndLineReferenceDesc>
        <ExplanationTxt>PHILADELPHIA AUTHORITY FOR INDUSTRIA CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleK>
    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 1 BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION (CONTINUED): FINANCIAL PARTICIPATION IN PROJECTS, LEVERAGING OF FUNDS AND THROUGH MONITORING AND FACILITATING APPROPRIATE ADJUSTMENTS IN THE IMPROVEMENT PROCESS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS INITIALLY REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS. ALL COMMENTS AND QUESTIONS ARE THEN DIRECTED TO PRESIDENT OF BEECH INTERPLEX, INC. THE PRESIDENT REVIEWS THE COMMENTS &amp; QUESTIONS ALONG WITH THE ENTIRE RETURN BEFORE IT IS FILED WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL INCREASES IN SALARIES AND BONUSES ARE PRESENTED TO THE BOARD OF DIRECTORS ANNUALLY FOR THEIR REVIEW AND APPROVAL, BEECH USES INFORMATION FROM VARIOUS SOURCES TO COMPARE BEECH STAFF SALARIES TO OUR PEERS IN THE NON-PROFIT INDUSTRY STUDIES USED ARE PREPARED BY GROUPS SUCH AS THE PHILA FOUNDATION, PEW FOUNDATION AND GUIDESTAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL INCREASES IN SALARIES AND BONUSES ARE PRESENTED TO THE BOARD OF DIRECTORS ANNUALLY FOR THEIR REVIEW AND APPROVAL, BEECH USES INFORMATION FROM VARIOUS SOURCES TO COMPARE BEECH STAFF SALARIES TO OUR PEERS IN THE NON-PROFIT INDUSTRY STUDIES USED ARE PREPARED BY GROUPS SUCH AS THE PHILA FOUNDATION, PEW FOUNDATION AND GUIDESTAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>BEECH INTERPLEX MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC FOR VIEWING UPON REQUEST AT ITS CORPORATE OFFICES, THE 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>UNAUDITED DISREGARDED ENTITY ACTIVITY 804,334</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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          <BusinessNameLine1Txt>BEECH LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>1510 CECIL B MOORE AVE</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19121</ZIPCd>
        </USAddress>
        <EIN>760740165</EIN>
        <PrimaryActivitiesTxt>HOUSING</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>PA</LegalDomicileStateCd>
        <TotalIncomeAmt>2281277</TotalIncomeAmt>
        <EndOfYearAssetsAmt>9183063</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>BEECH INTE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>RPLEX</BusinessNameLine2Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>BEECH INTERNATIONAL LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
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          <AddressLine1Txt>1510 CECIL B MOORE AVE</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19121</ZIPCd>
        </USAddress>
        <EIN>272967019</EIN>
        <PrimaryActivitiesTxt>HOUSING</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>PA</LegalDomicileStateCd>
        <TotalIncomeAmt>360431</TotalIncomeAmt>
        <EndOfYearAssetsAmt>11572250</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>BEECH INTE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>RPLEX</BusinessNameLine2Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>ALSTON BEECH FOUNDATION</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>1510 CECIL B MOORE AVENUE 300</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19121</ZIPCd>
        </USAddress>
        <EIN>204968831</EIN>
        <PrimaryActivitiesTxt>GRANTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>PA</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501C3</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>12A</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>BEECH INTE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>RPLEX</BusinessNameLine2Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>