<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-02-15T21:14:28-05:00</ReturnTs>
    <TaxPeriodEndDt>2022-12-31</TaxPeriodEndDt>
    <DisasterReliefTxt>IR-2023-159 HURRICANE IDALIA LATE FILING RELIEF</DisasterReliefTxt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>590548468</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>PURVIS GRAY &amp; COMPANY LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>507 N NEW YORK AVENUE 200</AddressLine1Txt>
        <CityNm>WINTER PARK</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32789</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>592750694</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>WILLIAM C DEMETREE JR FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>INC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>WILL</BusinessNameControlTxt>
      <PhoneNum>4074228191</PhoneNum>
      <USAddress>
        <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
        <CityNm>WINTER PARK</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32789</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MARY L DEMETREE</PersonNm>
      <PersonTitleTxt>PRESIDENT, DIRECTOR</PersonTitleTxt>
      <PhoneNum>4074228191</PhoneNum>
      <SignatureDt>2024-02-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>MARY L</PersonFirstNm>
        <PersonLastNm>DEMETREE</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>DAVID P LEE CPA</PreparerPersonNm>
      <PTIN>P00283801</PTIN>
      <PhoneNum>3215944112</PhoneNum>
      <PreparationDt>2024-02-14</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc9">
      <SpecialConditionDesc>IR-2023-159 HURRICANE IDALIA LATE FILING RELIEF</SpecialConditionDesc>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>8594653</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>70000</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>136980</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>136980</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>43721</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1076713</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>43721</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>250701</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>180701</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc3">4705</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2475</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>2230</AccountingFeesChrtblPrpsAmt>
        <InterestRevAndExpnssAmt>5511</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>5511</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc7">7394</TaxesRevAndExpnssAmt>
        <TravConfMeetingRevAndExpnssAmt>247</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>247</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">48266</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>48206</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>60</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>66123</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>56192</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2537</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>562769</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>562769</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>628892</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>56192</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>565306</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-378191</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>124509</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>4843</CashBOYAmt>
        <CorporateStockBOYAmt>6068095</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc4">5792968</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>8594653</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>6072938</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>5792968</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>8594653</TotalAssetsEOYFMVAmt>
        <AccountsPayableEOYAmt>40500</AccountsPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc6">558</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc6">58279</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>558</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>98779</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>6072380</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>5694189</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>6072380</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>5694189</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>6072938</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>5792968</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>6072380</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-378191</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>5694189</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>5694189</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LIQUID PORTFOLIO - STCL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <GrossSalesPriceAmt>509015</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>558078</CostOrOtherBasisAmt>
          <GainOrLossAmt>-49063</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-49063</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LIQUID PORTFOLIO - LTCG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-07-24</AcquiredDt>
          <SoldDt>2022-12-19</SoldDt>
          <GrossSalesPriceAmt>551458</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>434669</CostOrOtherBasisAmt>
          <GainOrLossAmt>116789</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>116789</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DIP, LLLP K-1 - NSTCL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <CostOrOtherBasisAmt>40245</CostOrOtherBasisAmt>
          <GainOrLossAmt>-40245</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-40245</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DIP, LLLP K-1 - NLCG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>16240</GrossSalesPriceAmt>
          <GainOrLossAmt>16240</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16240</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>43721</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1731</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1731</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1731</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>1835</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>1835</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc2">X</Form2220AttachedInd>
        <EsPenaltyAmt>80</EsPenaltyAmt>
        <OverpaymentAmt>24</OverpaymentAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
        <RefundAmt>24</RefundAmt>
      </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>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>MARY L DEMETREE</IndividualWithBooksNm>
        <PhoneNum>4074228191</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
          <CityNm>WINTER PARK</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32789</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>MARY L DEMETREE</PersonNm>
          <USAddress>
            <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
            <CityNm>WINTER PARK</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32789</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT, D</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SARA N DEMETREE</PersonNm>
          <USAddress>
            <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
            <CityNm>WINTER PARK</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32789</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRES, D</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WILLIAM C DEMETREE JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
            <CityNm>WINTER PARK</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32789</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>10170195</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>83960</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>10254155</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>10254155</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>153812</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>10100343</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>505017</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>505017</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1731</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1731</TotalTaxAmt>
        <DistributableBeforeAdjAmt>503286</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>503286</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>503286</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>565306</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>565306</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>503286</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr3Amt>468996</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>272990</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>741986</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>565306</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>503286</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>62020</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>804006</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>804006</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>468996</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>272990</ExcessFromYear2Amt>
        <ExcessFromCurrentYearAmt>62020</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>WILLIAM C DEMETREE JR</ContributingManagerNm>
        <ContributingManagerNm>SARA N DEMETREE</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MARY L DEMETREE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
            <CityNm>WINTER PARK</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32789</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4074228191</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>INFORMATION WHICH INDICATES IT IS A 501 (C)(3) ORGANIZATION.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>CONTRIBUTIONS TO ORGANIZATIONS CARING FOR EMOTIONALLY, PHYSICALLY, OR MENTALLY DISADVANTAGED.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YOUNG LIFE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 520</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80901</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>361111</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>VICTIM SERVICE CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2111 E MICHIGAN ST 210</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32806</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>STUDENTS FOR LIFE OF AMERICA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 WINCHESTER ST 301</AddressLine1Txt>
            <CityNm>FREDERICKSBURG</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>166667</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TUNES FOR TRIPP</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5755 BRAYDEN CIRCLE</AddressLine1Txt>
            <CityNm>HOOVER</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>35244</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BROADWAY DREAMS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10455 COUNTY LINE ROAD</AddressLine1Txt>
            <CityNm>SPRING HILL</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34609</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CATHOLIC FOUNDATION OF CENTRAL FL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>50 EAST ROBINSON STREET</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATING FUNDS</GrantOrContributionPurposeTxt>
          <Amt>14991</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>562769</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>136980</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>43721</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>180701</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>180701</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>WILLIAM C DEMETREE JR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>941 W MORSE BOULEVARD SUITE 315</AddressLine1Txt>
          <CityNm>WINTER PARK</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32789</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>70000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION FEES</CategoryTxt>
        <Amt>2475</Amt>
        <NetInvestmentIncomeAmt>2475</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>2230</Amt>
        <DisbursementsCharitablePrpsAmt>2230</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorporateStockGrp>
        <EOYBookValueAmt>5792968</EOYBookValueAmt>
        <EOYFMVAmt>8594653</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LICENSES AND FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>60</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>60</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>45930</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>45930</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>2276</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2276</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc6">
      <OtherLiabilitiesDetail>
        <Desc>INTERCOMPANY PAYABLE</Desc>
        <BOYBookValueAmt>558</BOYBookValueAmt>
        <EOYBookValueAmt>2849</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>BANK OVERDRAFT</Desc>
        <EOYBookValueAmt>55430</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>TAXES AND FEES</CategoryTxt>
        <Amt>7394</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
