﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.1" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-09-20T12:48:07-07:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>113464570</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>RYNKAR VAIL &amp; BARRETT</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>22 JERICHO TPKE STE 100</AddressLine1Txt>
        <CityNm>MINEOLA</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11501</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>276692176</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Emily Bayless Graham Charitable Trust</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>Courtney McGrath Spangler &amp; T McGrath</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>EMIL</BusinessNameControlTxt>
      <PhoneNum>2024234542</PhoneNum>
      <USAddress>
        <AddressLine1Txt>301 Eatons Landing Drive</AddressLine1Txt>
        <CityNm>Annapolis</CityNm>
        <StateAbbreviationCd>MD</StateAbbreviationCd>
        <ZIPCd>21401</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Courtney Spangler</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <SignatureDt>2024-09-20</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Francis L Riviezzo CPA</PreparerPersonNm>
      <PTIN>P00213317</PTIN>
      <PhoneNum>5167470110</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-08-08 14:25:15Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="23017517" softwareVersionNum="2023v5.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>5161463</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>19121</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>19121</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>19121</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>89834</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>89834</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>89834</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>92549</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>626144</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>92549</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>201504</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>201504</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>108955</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">17000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>17000</AccountingFeesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">53263</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>53263</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>70263</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>70263</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>223221</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>223221</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>293484</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>70263</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>223221</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-91980</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>131241</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>108955</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>719</CashBOYAmt>
        <CashEOYAmt>535</CashEOYAmt>
        <CashEOYFMVAmt>535</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>76627</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>101978</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>101978</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>715387</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="InvestmentsGovtObligationsSche">960797</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>994669</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>939476</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">895019</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2891997</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>262275</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">81048</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>73390</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>80220</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">50737</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>91728</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>1007166</LandBldgEquipCostOrOtherBssAmt>
        <LandBOYAmt>1007166</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">1007166</LandEOYAmt>
        <LandEOYFMVAmt>1007166</LandEOYFMVAmt>
        <TotalAssetsBOYAmt>3081870</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3097280</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>5161463</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <DonorRstrNetAssetsBOYAmt>3081870</DonorRstrNetAssetsBOYAmt>
        <DonorRstrNetAssetsEOYAmt>3097280</DonorRstrNetAssetsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>3081870</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3097280</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>3081870</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3097280</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>3081870</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-91980</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">107390</OtherIncreasesAmt>
        <SubtotalAmt>3097280</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>3097280</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Merrill Lynch #0603 Long Term Covered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2000-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>302445</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>326206</CostOrOtherBasisAmt>
          <GainOrLossAmt>-23761</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-23761</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Merrill Lynch #0603 Long Term Noncovered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2000-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>155699</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>52364</CostOrOtherBasisAmt>
          <GainOrLossAmt>103335</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>103335</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>118000 General Electric Co</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-20</AcquiredDt>
          <SoldDt>2023-09-15</SoldDt>
          <GrossSalesPriceAmt>118000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>107400</CostOrOtherBasisAmt>
          <GainOrLossAmt>10600</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10600</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50000 PNC Financial Service</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2011-10-06</AcquiredDt>
          <SoldDt>2023-11-01</SoldDt>
          <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>47625</CostOrOtherBasisAmt>
          <GainOrLossAmt>2375</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2375</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>92549</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1824</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1824</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1824</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>2000</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>2000</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>62</EsPenaltyAmt>
        <OverpaymentAmt>114</OverpaymentAmt>
        <AppliedToESTaxAmt>114</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>
        <OrgReportOrRegisterStateCd>MD</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Courtney McGrath Spangler</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2024234542</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>301 Eatons Landing Drive</AddressLine1Txt>
          <CityNm>Annapolis</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21401</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2002</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>Courtney Spangler</PersonNm>
          <USAddress>
            <AddressLine1Txt>304 Eatons Landing Drive</AddressLine1Txt>
            <CityNm>Annapolis</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21401</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Thomas J McGrath</PersonNm>
          <USAddress>
            <AddressLine1Txt>110 East 59th Street 22 FL</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4272285</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>100574</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>4372859</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>4372859</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>65593</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>4307266</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>215363</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>215363</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1824</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1824</TotalTaxAmt>
        <DistributableBeforeAdjAmt>213539</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>213539</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>213539</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>223221</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>223221</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>213539</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>223231</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>223221</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>223221</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <Taxable2Amt>10</Taxable2Amt>
        <UndistributedIncomeCYAmt>213539</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Maryland Center for the Arts</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 687</AddressLine1Txt>
            <CityNm>Bel Air</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21014</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>POF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>To fund the arts.</GrantOrContributionPurposeTxt>
          <Amt>173221</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Key School</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>534 Hillsmere Drive</AddressLine1Txt>
            <CityNm>Annapolis</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21401</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>To Fund Educational Organizations</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>223221</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>19121</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>89834</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>92549</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>201504</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>201504</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="2023v5.1">
      <AccountingFeesDetail>
        <CategoryTxt>Check # 477</CategoryTxt>
        <Amt>8500</Amt>
        <NetInvestmentIncomeAmt>8500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>Check #551</CategoryTxt>
        <Amt>8500</Amt>
        <NetInvestmentIncomeAmt>8500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC Financial Services</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>General Electric Co Ser D</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Bank of America Corp</BondNm>
        <EOYBookValueAmt>54845</EOYBookValueAmt>
        <EOYFMVAmt>49460</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Wells Fargo &amp; Company</BondNm>
        <EOYBookValueAmt>26203</EOYBookValueAmt>
        <EOYFMVAmt>23930</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <InvestmentsCorporateStockGrp>
        <StockNm>Abott Labs</StockNm>
        <EOYBookValueAmt>11987</EOYBookValueAmt>
        <EOYFMVAmt>52283</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Abbvie Inc</StockNm>
        <EOYBookValueAmt>12999</EOYBookValueAmt>
        <EOYFMVAmt>73611</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Air Products &amp; Chemicals</StockNm>
        <EOYBookValueAmt>13387</EOYBookValueAmt>
        <EOYFMVAmt>54760</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Alphabet Inc CL C</StockNm>
        <EOYBookValueAmt>5915</EOYBookValueAmt>
        <EOYFMVAmt>126837</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Alphabet Inc CL A</StockNm>
        <EOYBookValueAmt>5934</EOYBookValueAmt>
        <EOYFMVAmt>125721</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>American Tower REIT Inc</StockNm>
        <EOYBookValueAmt>8133</EOYBookValueAmt>
        <EOYFMVAmt>43176</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Apple Inc</StockNm>
        <EOYBookValueAmt>4409</EOYBookValueAmt>
        <EOYFMVAmt>288795</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Automatic Data Processing</StockNm>
        <EOYBookValueAmt>27910</EOYBookValueAmt>
        <EOYFMVAmt>163079</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Bristol-Myers Squibb Co</StockNm>
        <EOYBookValueAmt>15032</EOYBookValueAmt>
        <EOYFMVAmt>29760</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Chevron Corp</StockNm>
        <EOYBookValueAmt>31265</EOYBookValueAmt>
        <EOYFMVAmt>56681</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Cisco Systems Inc</StockNm>
        <EOYBookValueAmt>27932</EOYBookValueAmt>
        <EOYFMVAmt>70728</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Eversource Energy</StockNm>
        <EOYBookValueAmt>13599</EOYBookValueAmt>
        <EOYFMVAmt>30860</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Gilead Sciences Inc</StockNm>
        <EOYBookValueAmt>11485</EOYBookValueAmt>
        <EOYFMVAmt>48606</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Home Depot Inc</StockNm>
        <EOYBookValueAmt>15233</EOYBookValueAmt>
        <EOYFMVAmt>69310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Honeywell International Inc</StockNm>
        <EOYBookValueAmt>14689</EOYBookValueAmt>
        <EOYFMVAmt>31457</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Intel Corp</StockNm>
        <EOYBookValueAmt>19711</EOYBookValueAmt>
        <EOYFMVAmt>51004</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>International Business Machines</StockNm>
        <EOYBookValueAmt>22004</EOYBookValueAmt>
        <EOYFMVAmt>39252</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Johnson and Johnson</StockNm>
        <EOYBookValueAmt>58179</EOYBookValueAmt>
        <EOYFMVAmt>148119</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP Morgan Chase &amp; Co</StockNm>
        <EOYBookValueAmt>38892</EOYBookValueAmt>
        <EOYFMVAmt>136080</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Lauder Estee Cos Inc</StockNm>
        <EOYBookValueAmt>16739</EOYBookValueAmt>
        <EOYFMVAmt>36563</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>McDonalds Corp</StockNm>
        <EOYBookValueAmt>28689</EOYBookValueAmt>
        <EOYFMVAmt>148255</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Nextera Energy Inc</StockNm>
        <EOYBookValueAmt>46140</EOYBookValueAmt>
        <EOYFMVAmt>182220</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Pepsico Inc</StockNm>
        <EOYBookValueAmt>76356</EOYBookValueAmt>
        <EOYFMVAmt>203808</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Philip Morris International Inc</StockNm>
        <EOYBookValueAmt>34125</EOYBookValueAmt>
        <EOYFMVAmt>79968</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Procter &amp; Gamble Co</StockNm>
        <EOYBookValueAmt>85988</EOYBookValueAmt>
        <EOYFMVAmt>200027</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Union Pacific Corp</StockNm>
        <EOYBookValueAmt>18803</EOYBookValueAmt>
        <EOYFMVAmt>44212</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RTX Corp</StockNm>
        <EOYBookValueAmt>28865</EOYBookValueAmt>
        <EOYFMVAmt>65545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>US Bancorp</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Bank of America Corp</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Illinois Tool Works Inc</StockNm>
        <EOYBookValueAmt>29784</EOYBookValueAmt>
        <EOYFMVAmt>52388</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Visa Inc CL A</StockNm>
        <EOYBookValueAmt>26525</EOYBookValueAmt>
        <EOYFMVAmt>58579</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Wells Fargo &amp; Co New</StockNm>
        <EOYBookValueAmt>31580</EOYBookValueAmt>
        <EOYFMVAmt>29891</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Exxon Mobil Corp</StockNm>
        <EOYBookValueAmt>61676</EOYBookValueAmt>
        <EOYFMVAmt>79984</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Prologis Inc</StockNm>
        <EOYBookValueAmt>14767</EOYBookValueAmt>
        <EOYFMVAmt>29993</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Reinsurance Group America</StockNm>
        <EOYBookValueAmt>36287</EOYBookValueAmt>
        <EOYFMVAmt>40445</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligationsSche" softwareId="23017517" softwareVersionNum="2023v5.1">
      <USGovtObligationsBookVlEOYAmt>960797</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>994669</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="23017517" softwareVersionNum="2023v5.1">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Vanguard 500 Index Fund</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>50737</BookValueAmt>
        <EOYFMVAmt>91728</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>iShares Tr Fallen</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="23017517" softwareVersionNum="2023v5.1">
      <LandEtcGrp>
        <CategoryOrItemTxt>Auto./Transportation Equip.</CategoryOrItemTxt>
        <EOYFMVAmt>1007166</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1007166</CostOrOtherBasisAmt>
        <BookValueAmt>1007166</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherExpensesScheduleGrp>
        <Desc>Hartford Co MD</Desc>
        <RevenueAndExpensesPerBooksAmt>243</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>243</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Hartford Mutual</Desc>
        <RevenueAndExpensesPerBooksAmt>1080</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1080</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Investment Management Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>28102</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>28102</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Misc Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>23838</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>23838</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="23017517" softwareVersionNum="2023v5.1">
      <OtherIncreasesDetail>
        <Desc>Non Covered Cost Basis</Desc>
        <Amt>107390</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
  </ReturnData>
</Return>