﻿<?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>2024-11-14T08:22:58-08:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>454004673</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Leslie Olive CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>515 Broadway</AddressLine1Txt>
        <CityNm>South Fulton</CityNm>
        <StateAbbreviationCd>TN</StateAbbreviationCd>
        <ZIPCd>38257</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>456768924</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>JAMES AND JOE LAMKIN SCHOLARSHIP FUND</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>JAME</BusinessNameControlTxt>
      <PhoneNum>2706534001</PhoneNum>
      <USAddress>
        <AddressLine1Txt>220 E CLAY STREET</AddressLine1Txt>
        <CityNm>CLINTON</CityNm>
        <StateAbbreviationCd>KY</StateAbbreviationCd>
        <ZIPCd>42031</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ASHLEY JONES</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>2706534001</PhoneNum>
      <SignatureDt>2024-05-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Leslie Olive</PreparerPersonNm>
      <PTIN>P01529822</PTIN>
      <PhoneNum>7314791700</PhoneNum>
      <PreparationDt>2024-11-14</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF-01">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2534722</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>2321942</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>160</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>160</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>160</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>5383</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>5383</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>5383</DividendsAdjNetIncmAmt>
        <GrossRentsRevAndExpnssAmt>25936</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>25936</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>25936</GrossRentsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="GainLossSaleOtherAssetsSch-01" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">42365</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>42365</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>42365</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>42365</NetSTCapitalGainAdjNetIncmAmt>
        <GrossProfitRevAndExpnssAmt>0</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt>0</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>2395786</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>73844</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>73844</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt>0</LegalFeesRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt>0</AccountingFeesRevAndExpnssAmt>
        <OtherProfFeesRevAndExpnssAmt>14800</OtherProfFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule-01" referenceDocumentName="TaxesSchedule">2506</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>2506</TaxesNetInvstIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt>0</DeprecAndDpltnRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule-01" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">3201</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>3185</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>20507</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>5691</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>10000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>10000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>30507</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>5691</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>10000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>2365279</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>68153</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>73844</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>169444</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>72722</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>72722</SavAndTempCashInvstEOYFMVAmt>
        <RcvblFromOfficersEOYAmt>0</RcvblFromOfficersEOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>0</OtherNtsAndLoansRcvblEOYAmt>
        <LandBldgInvestmentsEOYAmt>0</LandBldgInvestmentsEOYAmt>
        <OtherInvestmentsBOYAmt>0</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2-01" referenceDocumentName="InvestmentsOtherSchedule2">400000</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>400000</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>2062000</LandBldgEquipCostOrOtherBssAmt>
        <LandEOYAmt>2062000</LandEOYAmt>
        <LandEOYFMVAmt>2062000</LandEOYFMVAmt>
        <OtherAssetsBOYAmt>0</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt>0</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt>0</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>169444</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2534722</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2534722</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersEOYAmt>0</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableEOYAmt>0</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesBOYAmt>0</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt>0</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>4493</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>4493</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>164951</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2530229</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>169444</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2534722</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>169444</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2534722</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>169444</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>2365279</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>2534723</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule-01" referenceDocumentName="OtherDecreasesSchedule">1</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2534722</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TIMBER</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2023-05-08</AcquiredDt>
          <SoldDt>2023-11-30</SoldDt>
          <GrossSalesPriceAmt>42365</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>0</CostOrOtherBasisAmt>
          <GainOrLossAmt>42365</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>42365</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>42365</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>42365</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>947</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>947</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>947</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <OriginalReturnTaxPaidAmt>0</OriginalReturnTaxPaidAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220-01" referenceDocumentName="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <TaxDueAmt>947</TaxDueAmt>
        <AppliedToESTaxAmt>0</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>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>NONE</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>ASHLEY JONES CLINTON BANK</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2706534001</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>220 E CLAY STREET</AddressLine1Txt>
          <CityNm>CLINTON</CityNm>
          <StateAbbreviationCd>KY</StateAbbreviationCd>
          <ZIPCd>42031</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <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>
          <BusinessName>
            <BusinessNameLine1Txt>ASHLEY JONES CLINTON BANK</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>220 E CLAY STREET</AddressLine1Txt>
            <CityNm>CLINTON</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>42031</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>PROVIDING UNIVERSITY SCHOLARSHIPS TO QUALIFIED RESIDENTS OF HICKMAN COUNTY, KENTUCKY</Description1Txt>
        <Expenses1Amt>10000</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>266667</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>121083</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>2062000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2449750</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2449750</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>36746</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2413004</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>120650</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>120650</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>947</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>947</TotalTaxAmt>
        <DistributableBeforeAdjAmt>119703</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>119703</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>119703</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>10000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>10000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>119703</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>17500</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>20000</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>17329</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>19658</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>17031</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>91518</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>10000</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>10000</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>101518</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>119703</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>17500</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>84018</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>20000</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>17329</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>19658</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>17031</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>10000</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JAMES LAMKIN ESTATE</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ASHLEY JONES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>220 E CLAY STREET</AddressLine1Txt>
            <CityNm>CLINTON</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>42031</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2706534001</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>GENERAL APPLICATION SHOWING COLLEGE OR UNIVERSITY ENROLLMENT &amp; PROOF OF ACADEMIC PROGRESS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MUST BE SUBMITTED PRIOR TO THE START OF EACH ACADEMIC SEMESTER.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>CAN ONLY BE USED TO PAY POST-SECONDARY EDUCATION COSTS &amp; ARE LIMITED TO $2,500 PER STUDENT PER SEMESTER.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JACOB DODSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>164 COURNTEY ROAD</AddressLine1Txt>
            <CityNm>FANCY FARM</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>42039</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNIVERSITYSCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CADE LECLERE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>416 COURT DRIVE</AddressLine1Txt>
            <CityNm>FULTON</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>42041</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNIVERSITYSCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BELLA BATTS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4071 STATE ROUTE 3061</AddressLine1Txt>
            <CityNm>CLINTON</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>42031</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNIVERSITY SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>10000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>160</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5383</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>25936</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>42365</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>73844</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>73844</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>SOLD TIMBER FROM FARMLAND HELD AS INVESTMENT IN ORDER TO GIVE SCHOLARSHIPS.</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB-01">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>JAMES LAMKIN ESTATE</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>4259 US HIGHWAY 51 N</AddressLine1Txt>
          <CityNm>CLINTON</CityNm>
          <StateAbbreviationCd>KY</StateAbbreviationCd>
          <ZIPCd>42031</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>259942</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>JAMES LAMKIN ESTATE</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>4259 US HIGHWAY 51 N</AddressLine1Txt>
          <CityNm>CLINTON</CityNm>
          <StateAbbreviationCd>KY</StateAbbreviationCd>
          <ZIPCd>42031</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>2062000</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>FARMLAND</NoncashPropertyDesc>
        <FairMarketValueAmt>2062000</FairMarketValueAmt>
        <ReceivedDt>2023-05-08</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <GainLossSaleOtherAssetsSch documentId="GainLossSaleOtherAssetsSch-01">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TIMBER</AssetDesc>
        <GrossSalesPriceAmt>42365</GrossSalesPriceAmt>
        <TotalNetAmt>42365</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2-01">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LONG TERM CDS</CategoryOrItemTxt>
        <BookValueAmt>400000</BookValueAmt>
        <EOYFMVAmt>400000</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule-01">
      <OtherDecreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>1</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>16</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>3185</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3185</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>2506</Amt>
        <NetInvestmentIncomeAmt>2506</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>