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        <OfficerDirTrstKeyEmplGrp>
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        <OfficerDirTrstKeyEmplGrp>
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            <StateAbbreviationCd>KY</StateAbbreviationCd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEFF JOBE</PersonNm>
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            <CityNm>GLASGOW</CityNm>
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        <OfficerDirTrstKeyEmplGrp>
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            <CityNm>ELKTON</CityNm>
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        <Description1Txt>KJF PROVIDES INTERNSHIPS TO STUDENTS TO GIVE THE OPPORTUNITY FOR ON THE JOB EXPERIENCES FOR JOURNALISM STUDENTS. KJF PROVIDED 9 INTERNSHIPS IN 2023.</Description1Txt>
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      <AccountingFeesDetail>
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        <NetInvestmentIncomeAmt>723</NetInvestmentIncomeAmt>
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        <PropertyDesc>DATA BASE DESIGN</PropertyDesc>
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        <AssetDesc>S/A BAIRD STATEMENT</AssetDesc>
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        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2023-12</SoldDt>
        <GrossSalesPriceAmt>17712</GrossSalesPriceAmt>
        <BasisAmt>18672</BasisAmt>
        <TotalNetAmt>-960</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>S/A BIARD STATEMENT</AssetDesc>
        <AcquiredDt>2020-04</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2023-12</SoldDt>
        <GrossSalesPriceAmt>122229</GrossSalesPriceAmt>
        <BasisAmt>132543</BasisAmt>
        <TotalNetAmt>-10314</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc6">
      <InvestmentsCorporateStockGrp>
        <StockNm>BAIRD INVESTMENTS</StockNm>
        <EOYBookValueAmt>219508</EOYBookValueAmt>
        <EOYFMVAmt>271290</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc7">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND &amp; BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>213925</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>193925</AccumulatedDepreciationAmt>
        <BookValueAmt>20000</BookValueAmt>
        <EOYFMVAmt>230000</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <LandEtcSchedule2 documentId="RetDoc8">
      <LandEtcGrp>
        <CategoryOrItemTxt>EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8667</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8667</AccumulatedDepreciationAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="RetDoc9">
      <OtherExpensesScheduleGrp>
        <Desc>COMMERCIAL - FRANKFORT, KY</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT DEPRECIATION</Desc>
        <RevenueAndExpensesPerBooksAmt>2013</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2013</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BROKER FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>4539</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4539</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTERNSHIPS</Desc>
        <RevenueAndExpensesPerBooksAmt>36000</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>36000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>TAXES &amp; LICENSES</CategoryTxt>
        <Amt>58</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
