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          <FormAndInfoAndMaterialsTxt>We require a written application on our prescribed application form. Information to include: name of organization, project title,amount requested,project description, fiscal year of organization, other funding sources for project, organization's nonprofit status, current officers, current board of trustees, contact person and any additional pertinent information</FormAndInfoAndMaterialsTxt>
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          <RecipientPersonNm>OELWEIN DOLLARS FOR SCHOLARS</RecipientPersonNm>
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            <AddressLine1Txt>307 8th AVE SE</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>98000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HERBERT HOOVER LIBRARY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>210 PARKSIDE DR</AddressLine1Txt>
            <CityNm>WEST BRANCH</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52358</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNCOMMON STUDENT SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WILLIAMS CENTER INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>307 8th AVE SE</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAMMING</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OELWEIN COMMUNITY SCHOOL DISTRICT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>307 8th AVE SE</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>STUDENT ACTIVITY TICKETS,EQUIPMENT FOR INDUSTRIAL TECHNOLOGY CENTER,VARIOUS STUDENT EDUCATIONAL TRIPS,RECREATION CENTER CONSTRUCTION FUNDS</GrantOrContributionPurposeTxt>
          <Amt>41360</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NORTHEAST IOWA COMMUNITY COLLEGE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1400 TECHNOLOGY DR</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR AREA STUDENTS ATTENDING NICC</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>IOWA AMERICAN LEGION FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>108 1st ST SW</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>8000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CITY OF OELWEIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>20 2ND AVENUE SW</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Community bike trail extension</GrantOrContributionPurposeTxt>
          <Amt>376750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE GRAND THEARTE FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>26 SOUTH FREDERICK</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OELWEIN PUBLIC LIBRARY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>100 EAST CHARLES ST</AddressLine1Txt>
            <CityNm>OELWEIN</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BOOK PURCHASES</GrantOrContributionPurposeTxt>
          <Amt>19310</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Plentiful Pantry</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>26 W Charles St</AddressLine1Txt>
            <CityNm>Oelwein</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Operational Funds</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Take a Kid Outdoors Inc</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 471</AddressLine1Txt>
            <CityNm>Fayette</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>52142</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Operation Funds</GrantOrContributionPurposeTxt>
          <Amt>1150</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Oelwein Chamber and Area Developmen</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6 S Frederick Ave</AddressLine1Txt>
            <CityNm>Oelwein</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Sesquicentennianl</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Oelwein Event Corporation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6 S Frederick Ave</AddressLine1Txt>
            <CityNm>Oelwein</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Community Promotion</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Volunteer Center of Cedar Valley</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>360 Westfield Ave Suite 300C</AddressLine1Txt>
            <CityNm>Waterloo</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charity</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Waste Industry Historical Society</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>26 2nd Ave SW</AddressLine1Txt>
            <CityNm>Oelwein</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50662</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>909070</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>320017</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>262660</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>320017</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>262660</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>582677</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="2023v5.0">
      <AccountingFeesDetail>
        <Amt>2455</Amt>
        <NetInvestmentIncomeAmt>2455</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2455</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ContractorCompensationExpln documentId="ContractorProfExpln" softwareId="23017517" softwareVersionNum="2023v5.0">
      <ContractorCompExplnGrp>
        <ContractorBusinessName>
          <BusinessNameLine1Txt>REGIONS BANK</BusinessNameLine1Txt>
        </ContractorBusinessName>
        <ExplanationTxt>COMPENSATION IS BASED ON A PERCENTAGE OF THE FAIR MARKET VALUE OF THE FOUNDATION ASSETS AND IS PAID ON A MONTHLY BASIS</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentsCorporateBondsGrp>
        <EOYBookValueAmt>2620560</EOYBookValueAmt>
        <EOYFMVAmt>2454342</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <InvestmentsCorporateStockGrp>
        <EOYBookValueAmt>5272495</EOYBookValueAmt>
        <EOYFMVAmt>10863475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligationsSche" softwareId="23017517" softwareVersionNum="2023v5.0">
      <USGovtObligationsBookVlEOYAmt>1703048</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>1641591</USGovtObligationsEOYFMVAmt>
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    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>Adjustment</Desc>
        <RevenueAndExpensesPerBooksAmt>1718</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>63365</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>63365</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>63365</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Membership Dues</Desc>
        <RevenueAndExpensesPerBooksAmt>500</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>500</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office and Miscellaneous Expense</Desc>
        <RevenueAndExpensesPerBooksAmt>209</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>209</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>209</AdjustedNetIncomeAmt>
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    <TaxesSchedule documentId="TaxesSchedule" softwareId="23017517" softwareVersionNum="2023v5.0">
      <TaxesDetail>
        <CategoryTxt>Current Year Estimates</CategoryTxt>
        <Amt>1488</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Foreign Tax</CategoryTxt>
        <Amt>624</Amt>
        <NetInvestmentIncomeAmt>624</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>624</AdjustedNetIncomeAmt>
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      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>367</Amt>
        <NetInvestmentIncomeAmt>367</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>367</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
