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          <GrossSalesPriceAmt>43329</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3401</CostOrOtherBasisAmt>
          <GainOrLossAmt>39928</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>39928</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>800 SHS KIMBERLY CLARK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-01-12</AcquiredDt>
          <SoldDt>2023-03-21</SoldDt>
          <GrossSalesPriceAmt>102675</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>91428</CostOrOtherBasisAmt>
          <GainOrLossAmt>11247</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11247</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>701 SHS MASTERCARD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>274877</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15948</CostOrOtherBasisAmt>
          <GainOrLossAmt>258929</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>258929</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>951 SHS STARBUCKS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-05-17</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>91899</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>54367</CostOrOtherBasisAmt>
          <GainOrLossAmt>37532</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>37532</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>787 SHS MERCK</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-08-17</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>86245</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23362</CostOrOtherBasisAmt>
          <GainOrLossAmt>62883</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>62883</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>108 SHS TJX COS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-08-27</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>8970</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3215</CostOrOtherBasisAmt>
          <GainOrLossAmt>5755</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5755</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>969 SHS MICROSOFT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-12-31</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>331139</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19002</CostOrOtherBasisAmt>
          <GainOrLossAmt>312137</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>312137</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>516 SHS ALCON</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-03-19</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>41889</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23809</CostOrOtherBasisAmt>
          <GainOrLossAmt>18080</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>18080</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1860 SHS NIKE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>195453</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23267</CostOrOtherBasisAmt>
          <GainOrLossAmt>172186</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>172186</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>404 SHS ADP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-08-15</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>89254</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12687</CostOrOtherBasisAmt>
          <GainOrLossAmt>76567</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>76567</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>876 SHS PAYCHEX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-10-13</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>100507</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25395</CostOrOtherBasisAmt>
          <GainOrLossAmt>75112</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>75112</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>654 SHS BERKSHIRE HATHAWAY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-12-31</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>224291</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39502</CostOrOtherBasisAmt>
          <GainOrLossAmt>184789</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>184789</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>611 SHS PEPSICO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-12-31</AcquiredDt>
          <SoldDt>2023-07-07</SoldDt>
          <GrossSalesPriceAmt>112573</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>33464</CostOrOtherBasisAmt>
          <GainOrLossAmt>79109</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>79109</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>2635981</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>82130</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>41856</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>41856</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>41856</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>6500</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>6500</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>35356</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>
        <Form990PFFiledWithAttyGenInd referenceDocumentId="RetDoc2">false</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>SHERMAN YEARGAN</IndividualWithBooksNm>
        <PhoneNum>9196223935</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>7777 WHITE OAK ROAD</AddressLine1Txt>
          <CityNm>GARNER</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27529</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>
        <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>
          <PersonNm>SHERMAN YEARGAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>7777 WHITE OAK ROAD</AddressLine1Txt>
            <CityNm>GARNER</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27529</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
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          <CompensationAmt>50000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>31928929</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1373402</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>12657332</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>45959663</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>45959663</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>689395</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>45270268</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2263513</MinimumInvestmentReturnAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2263513</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>41856</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>41856</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2221657</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>2221657</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>2221657</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>504945</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>504945</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2221657</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>1576426</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr2Amt>301931</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>1878357</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>504945</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>504945</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>1716712</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>1716712</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>161645</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>161645</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>161645</ExcessFromYear2Amt>
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      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DUKE UNIVERSITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>BOX 90581</AddressLine1Txt>
            <CityNm>DURHAM</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27708</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENDOWMENT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DURHAM NATIVITY SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 3537</AddressLine1Txt>
            <CityNm>DURHAM</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27702</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WAKE TECH FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>9101 FAYETTEVILLE ROAD</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>276035696</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>13980</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TRANSITIONS LIFE CARE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>250 HOSPICE CIRCLE</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27607</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEMORIAL</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YMCA OF THE TRIANGLE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>801 CORPORATE CENTER DRV</AddressLine1Txt>
            <AddressLine2Txt>SUITE 200</AddressLine2Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27607</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>COMMUNITY OF HOPE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>601 SOUTH SAINT MARYS ST</AddressLine1Txt>
            <CityNm>GARNER</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27529</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BRISTOL BAY HERITAGE LAND TRUST</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1388</AddressLine1Txt>
            <CityNm>DILLINGHAM</CityNm>
            <StateAbbreviationCd>AK</StateAbbreviationCd>
            <ZIPCd>99576</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FOOD BANK OF CENTRAL EASTERN NC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1924 CAPITAL BLVD</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27604</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEMORIAL</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHURCH OF THE SAVIOUR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>651 N WAYNE AVE</AddressLine1Txt>
            <CityNm>WAYNE</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19087</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEMORIAL</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LINDA WHITE HOSPICE HOUSE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>611 HARRIET STREET</AddressLine1Txt>
            <CityNm>EVANSVILLE</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47710</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEMORIAL</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>449280</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>100723</ExclusionAmt>
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        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>548175</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>2635981</RelatedOrExemptFunctionIncmAmt>
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          <Desc>LC YEARGAN SR HEIRS</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>27934</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>LEIGH VENTURES, LLC</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>11472</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>WINTERS YOUNG, LLC</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>-166</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SPRINGHILL VENTURES, LLC</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>-187</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>WHITE OAK NE ASSOCIATES, LL</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>104597</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>WHITE OAK NW ASSOCIATES, LL</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>30175</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FLATS BAY LLC</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>-3866</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>818857</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>2635981</RelatedOrExemptFunctionIncmAmt>
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        <TotalIncomeProducingActyAmt>3454838</TotalIncomeProducingActyAmt>
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      <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>
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      <AccountingFeesDetail>
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        <NetInvestmentIncomeAmt>1450</NetInvestmentIncomeAmt>
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      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
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        <NetInvestmentIncomeAmt>34000</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ExplnOfNonFilingWithAGStmt documentId="RetDoc2">
      <ExplanationTxt>NOT REQUIRED IN NORTH CAROLINA.</ExplanationTxt>
    </ExplnOfNonFilingWithAGStmt>
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        <StockNm>WELLS FARGO - 7407</StockNm>
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        <EOYFMVAmt>28726295</EOYFMVAmt>
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    </InvestmentsCorpStockSchedule>
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      <USGovtObligationsEOYFMVAmt>4589820</USGovtObligationsEOYFMVAmt>
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    <InvestmentsLandSchedule2 documentId="RetDoc5">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>REAL ESTATE</CategoryOrItemTxt>
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        <BookValueAmt>623537</BookValueAmt>
        <EOYFMVAmt>10479473</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
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        <Desc>INCOME DISTRIBUTIONS RECEIVABLE</Desc>
        <BOYBookValueAmt>-3620964</BOYBookValueAmt>
        <EOYBookValueAmt>-3453184</EOYBookValueAmt>
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      <OtherAssetsScheduleGrp>
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        <EOYBookValueAmt>502672</EOYBookValueAmt>
        <EOYFMVAmt>2530882</EOYFMVAmt>
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    </OtherAssetsSchedule>
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        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK/INVESTMENT CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>205627</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>205627</NetInvestmentIncomeAmt>
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    </OtherExpensesSchedule>
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        <Desc>LC YEARGAN SR HEIRS</Desc>
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      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>LEIGH VENTURES, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>11472</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>WINTERS YOUNG, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-166</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SPRINGHILL VENTURES, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-187</RevenueAndExpensesPerBooksAmt>
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      <OtherIncomeDetail>
        <Desc>WHITE OAK NE ASSOCIATES, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>104597</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>WHITE OAK NW ASSOCIATES, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>30175</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FLATS BAY LLC</Desc>
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    </OtherIncomeSchedule2>
    <OtherNotesLoansRcvblShortSch2 documentId="RetDoc9">
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>INSTALLMENT NOTES</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>1122208</BalanceDueAmt>
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    </OtherNotesLoansRcvblShortSch2>
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        <CategoryTxt>CONSULTING</CategoryTxt>
        <Amt>4000</Amt>
        <DisbursementsCharitablePrpsAmt>4000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>APPRAISAL</CategoryTxt>
        <Amt>20150</Amt>
        <DisbursementsCharitablePrpsAmt>20150</DisbursementsCharitablePrpsAmt>
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    </OtherProfessionalFeesSchedule>
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        <CategoryTxt>INVESTMENT INCOME TAX</CategoryTxt>
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        <NetInvestmentIncomeAmt>909</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>6652</Amt>
        <NetInvestmentIncomeAmt>6652</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
