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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80003</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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        <EOYFMVAmt>9904</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PS - PEOPLES</StockNm>
        <EOYBookValueAmt>10211</EOYBookValueAmt>
        <EOYFMVAmt>9453</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PS - PINNACLE</StockNm>
        <EOYBookValueAmt>5279</EOYBookValueAmt>
        <EOYFMVAmt>4520</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PS - TRISTATE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PS - TRIUMPH</StockNm>
        <EOYBookValueAmt>5150</EOYBookValueAmt>
        <EOYFMVAmt>4230</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - NUVEEN</StockNm>
        <EOYBookValueAmt>16789</EOYBookValueAmt>
        <EOYFMVAmt>18280</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - VIRTUS</StockNm>
        <EOYBookValueAmt>11180</EOYBookValueAmt>
        <EOYFMVAmt>11336</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - UNITED HEALTH</StockNm>
        <EOYBookValueAmt>1015</EOYBookValueAmt>
        <EOYFMVAmt>10003</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="RetDoc4">
      <OtherAssetsScheduleGrp>
        <Desc>BONDS - ISRAEL</Desc>
        <BOYBookValueAmt>21221</BOYBookValueAmt>
        <EOYBookValueAmt>35000</EOYBookValueAmt>
        <EOYFMVAmt>35000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT LOAN - SARIKOV</Desc>
        <BOYBookValueAmt>25000</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT LOAN - SCHULTZ</Desc>
        <BOYBookValueAmt>25000</BOYBookValueAmt>
        <EOYBookValueAmt>25000</EOYBookValueAmt>
        <EOYFMVAmt>25000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc5">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED G/L</Desc>
        <Amt>39195</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVISORY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>3518</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3518</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC</Desc>
        <RevenueAndExpensesPerBooksAmt>320</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>320</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>175</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>143</Amt>
        <NetInvestmentIncomeAmt>143</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>