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          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-11-01</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>5</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19705</CostOrOtherBasisAmt>
          <GainOrLossAmt>-19700</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CORENERGY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-02</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>4</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19471</CostOrOtherBasisAmt>
          <GainOrLossAmt>-19467</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GAMING &amp; LEISURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-02-28</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>13227</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10066</CostOrOtherBasisAmt>
          <GainOrLossAmt>3161</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GAMING &amp; LEISURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-02</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>20323</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19949</CostOrOtherBasisAmt>
          <GainOrLossAmt>374</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GAMING &amp; LEISURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-06-26</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>398</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>343</CostOrOtherBasisAmt>
          <GainOrLossAmt>55</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GAMING &amp; LEISURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-09-25</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>424</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>361</CostOrOtherBasisAmt>
          <GainOrLossAmt>63</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GAMING &amp; LEISURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-12-24</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>353</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>346</CostOrOtherBasisAmt>
          <GainOrLossAmt>7</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GLADSTONE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-11-10</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>18348</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14800</CostOrOtherBasisAmt>
          <GainOrLossAmt>3548</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NATIONAL HEALTH INVESTORS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>24140</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22202</CostOrOtherBasisAmt>
          <GainOrLossAmt>1938</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-05-01</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>25787</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20764</CostOrOtherBasisAmt>
          <GainOrLossAmt>5023</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-04-27</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>1483</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>256</CostOrOtherBasisAmt>
          <GainOrLossAmt>1227</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-07-22</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>838</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>213</CostOrOtherBasisAmt>
          <GainOrLossAmt>625</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-10-30</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>559</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>217</CostOrOtherBasisAmt>
          <GainOrLossAmt>342</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-25</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>473</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>222</CostOrOtherBasisAmt>
          <GainOrLossAmt>251</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-11-14</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>12893</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11296</CostOrOtherBasisAmt>
          <GainOrLossAmt>1597</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-07-31</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>430</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>342</CostOrOtherBasisAmt>
          <GainOrLossAmt>88</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ONE LIBERTY PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-10-29</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>193</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>146</CostOrOtherBasisAmt>
          <GainOrLossAmt>47</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PINNACLE WEST CAPITAL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>24943</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23036</CostOrOtherBasisAmt>
          <GainOrLossAmt>1907</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SABINE ROYALTY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-24</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>25640</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25019</CostOrOtherBasisAmt>
          <GainOrLossAmt>621</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UNIVERSAL CP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-04-02</SoldDt>
          <GrossSalesPriceAmt>23121</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22898</CostOrOtherBasisAmt>
          <GainOrLossAmt>223</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VIA RENEWABLES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-03-15</AcquiredDt>
          <SoldDt>2024-06-14</SoldDt>
          <GrossSalesPriceAmt>3993</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25923</CostOrOtherBasisAmt>
          <GainOrLossAmt>-21930</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ALTRIA GROUP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>25518</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23584</CostOrOtherBasisAmt>
          <GainOrLossAmt>1934</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHEVRON</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-04-09</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>36508</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>21839</CostOrOtherBasisAmt>
          <GainOrLossAmt>14669</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ISHARES INTERNATIONAL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-24</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>14070</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22818</CostOrOtherBasisAmt>
          <GainOrLossAmt>-8748</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KINDER MORGAN</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>27825</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>21096</CostOrOtherBasisAmt>
          <GainOrLossAmt>6729</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LTC PROPERTIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>23636</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22856</CostOrOtherBasisAmt>
          <GainOrLossAmt>780</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OGE ENERGY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>24957</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22972</CostOrOtherBasisAmt>
          <GainOrLossAmt>1985</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OMEGA HEALTHCARED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-07-05</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>14556</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13313</CostOrOtherBasisAmt>
          <GainOrLossAmt>1243</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PHILIP MORRIS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>27669</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23528</CostOrOtherBasisAmt>
          <GainOrLossAmt>4141</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PPL CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-11-01</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>23096</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23089</CostOrOtherBasisAmt>
          <GainOrLossAmt>7</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SPDR DJ WILSHIRE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-04</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>9898</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16963</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7065</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VECTOR GROUP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-24</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>20650</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17193</CostOrOtherBasisAmt>
          <GainOrLossAmt>3457</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BROOKFIELD INFRASTRUCTURE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-09-28</AcquiredDt>
          <SoldDt>2024-08-07</SoldDt>
          <GrossSalesPriceAmt>39712</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39324</CostOrOtherBasisAmt>
          <GainOrLossAmt>388</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>B&amp;G FOODS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-02-28</AcquiredDt>
          <SoldDt>2024-10-09</SoldDt>
          <GrossSalesPriceAmt>5000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4881</CostOrOtherBasisAmt>
          <GainOrLossAmt>119</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>B&amp;G FOODS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-02-28</AcquiredDt>
          <SoldDt>2024-10-09</SoldDt>
          <GrossSalesPriceAmt>2000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1956</CostOrOtherBasisAmt>
          <GainOrLossAmt>44</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>17524</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>457</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2445</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>2445</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>2445</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>2445</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>
        <OrgReportOrRegisterStateCd>TN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>CARL A SWAFFORD JR</IndividualWithBooksNm>
        <PhoneNum>6158496410</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2809 BERTRAM COURT</AddressLine1Txt>
          <CityNm>MURFREESBORO</CityNm>
          <StateAbbreviationCd>TN</StateAbbreviationCd>
          <ZIPCd>37129</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <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>CARL A SWAFFORD JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>2809 BERTRAM COURT</AddressLine1Txt>
            <CityNm>MURFREESBORO</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37129</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JULIA ANN SWAFFORD</PersonNm>
          <USAddress>
            <AddressLine1Txt>2809 BERTRAM COURT</AddressLine1Txt>
            <CityNm>MURFREESBORO</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37129</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CARL A SWAFFORD III</PersonNm>
          <USAddress>
            <AddressLine1Txt>2809 BERTRAM COURT</AddressLine1Txt>
            <CityNm>MURFREESBORO</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37129</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>6240</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>SWAFFORD CHAPEL -- TO SUPPORT VARIOUS RELIGIOUS FUNCTIONS OF THE ORGANIZATION</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <Description2Txt>ORANGE BEACH FISHING ASSOCIATION - TO SUPPORT THE FUNCTIONS OF THE CHARITY</Description2Txt>
        <Expenses2Amt>0</Expenses2Amt>
        <Description3Txt>S BALDWIN SCOUTING ASSOCIATION - TO SUPPORT SCOUT ORGANIZATION</Description3Txt>
        <Expenses3Amt>0</Expenses3Amt>
        <Description4Txt>FREEDOM ALLIANCE - TO SUPPORT THE ORGANIZATION</Description4Txt>
        <Expenses4Amt>0</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2723062</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>35581</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2758643</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2758643</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>41380</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2717263</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>135863</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>135863</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2445</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2445</TotalTaxAmt>
        <DistributableBeforeAdjAmt>133418</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>133418</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>133418</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>175200</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>175200</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>133418</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>86583</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>175200</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>86583</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>88617</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>44801</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CARSON-PITCOCK SCHOLARSHIP</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>406 UNIVERSITY AVE</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNIVERSITY SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>A SOLDIERS CHILD</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1197 HAZELWOOD DRIVE STE 104</AddressLine1Txt>
            <CityNm>SMYRNA</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37167</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SCULPTURE FIELDS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1800 POLK AVE</AddressLine1Txt>
            <CityNm>CHATTANOOGA</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37408</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SWAFFORD CHAPEL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SWAFFORD CHAPEL ROAD</AddressLine1Txt>
            <CityNm>PIKEVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37367</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RELIGIOUS SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SWAFFORD CHAPEL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SWAFFORD CHAPEL ROAD</AddressLine1Txt>
            <CityNm>PIKEVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37367</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RELIGIOUS SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SIGMA NU CHARITY BOWL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1036</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNIVERSITY ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SOUTH BALDWIN SCOUTING ASSN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 6</AddressLine1Txt>
            <CityNm>FOLEY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36536</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCOUTING ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHILD CHRISTIAN SVCS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 882</AddressLine1Txt>
            <CityNm>GULF SHORES</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36547</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>B BRYAN PRESERVE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>130 RIVERSIDE DR</AddressLine1Txt>
            <CityNm>POINT ARENA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95468</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO SUPPORT THE CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YOUTH REACH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25062 CO ROAD 38</AddressLine1Txt>
            <CityNm>SUMMERDALE</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36580</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>3200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YOUTH REACH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25062 CO RD 38</AddressLine1Txt>
            <CityNm>SUMMERDALE</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36580</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LIONS CLUB</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>28099 PERDIDO BEACH ROAD</AddressLine1Txt>
            <CityNm>ORANGE BEACH</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36561</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>AMERICAN HEART ASSOC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>ALABAMA CHAPTER</AddressLine1Txt>
            <CityNm>ORANGE BEACH</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36561</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>NATIONAL PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PBJC REC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2020 BAUER ROAD</AddressLine1Txt>
            <CityNm>PENSACOLA</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32506</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>9000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF MISS FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>406 UNIVERSITY AVE</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FOUNDATION FOR APPALACHIAN KY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>420 MAIN STREET</AddressLine1Txt>
            <CityNm>HAZARD</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>41701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GULF SHORES VOLLEYBALL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6000E 15TH AVE</AddressLine1Txt>
            <CityNm>GULF SHORES</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36542</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SCHOOL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OAK HILL ACADEMY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1682 N ESHMAN AVE</AddressLine1Txt>
            <CityNm>WEST POINT</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39773</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SCHOOL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ZZ BUILD</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>UNKNOWN ADDRESS</AddressLine1Txt>
            <CityNm>ORANGE BEACH</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36561</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SECRET MEALS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>220 PAUL W BRYANT DR</AddressLine1Txt>
            <CityNm>TUSCALOOSA</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>35401</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ORANGE BEACH FOOTBALL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4099 ORANGE BEACH BLVD</AddressLine1Txt>
            <CityNm>ORANGE BEACH</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36561</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC EDUCATION SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YOUTH REACH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25062 CO RD 38</AddressLine1Txt>
            <CityNm>SUMMERDALE</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36580</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ORANGE BEACH FISHING ASSOC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>CO CITY OF ORANGE BEACH</AddressLine1Txt>
            <CityNm>ORANGE BEACH</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36561</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FREEDOM ALLIANCE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25 W PICADILLY STREET</AddressLine1Txt>
            <CityNm>WINCHESTER</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE MISSION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2494 E CHURCH HILL RD</AddressLine1Txt>
            <CityNm>WEST POINT</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39773</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YOUTH REACH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25062 CO RD 38</AddressLine1Txt>
            <CityNm>SUMMERDALE</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36580</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF MISS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>406 UNIVERSITY AVE</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>3379</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF MISS ATHLETIC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1519</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>PUBLIC UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>11000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FREEDOM ALLIANCE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25 W PICADILLY ST</AddressLine1Txt>
            <CityNm>WINCHESTER</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>ORGANIZATIONAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>AMERICAN FRIENDS OF LUBAVITCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2210 LEROY PLACE</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20008</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>ORGANIZATIONAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>178479</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>171470</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>171470</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>171470</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="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>7140</Amt>
        <NetInvestmentIncomeAmt>7140</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>7140</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="STM126">
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2017-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>5375</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5375</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>2019-02-21</AcquiredDt>
        <CostOrOtherBasisAmt>2937</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2767</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>169</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IPAD</PropertyDesc>
        <AcquiredDt>2019-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>1067</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1005</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>61</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>13 MACBOOK PRO</PropertyDesc>
        <AcquiredDt>2021-06-07</AcquiredDt>
        <CostOrOtherBasisAmt>2273</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1618</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>262</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER KIPP</PropertyDesc>
        <AcquiredDt>2022-10-18</AcquiredDt>
        <CostOrOtherBasisAmt>3202</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1665</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>615</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER CARL</PropertyDesc>
        <AcquiredDt>2021-12-24</AcquiredDt>
        <CostOrOtherBasisAmt>5682</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2954</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>1091</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="STM138">
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEE ATTACHED STMT</BondNm>
        <EOYBookValueAmt>8550</EOYBookValueAmt>
        <EOYFMVAmt>12674</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORP STOCK SEE ATTACHED STMT</StockNm>
        <EOYBookValueAmt>915414</EOYBookValueAmt>
        <EOYFMVAmt>1219173</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ETFS SEE ATTACHED STMT</StockNm>
        <EOYBookValueAmt>987846</EOYBookValueAmt>
        <EOYFMVAmt>818179</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="STM119">
      <LandEtcGrp>
        <CategoryOrItemTxt>SEE STMT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11652</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>11652</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherDecreasesSchedule documentId="STM116">
      <OtherDecreasesDetail>
        <Desc>ASSET VALUATION CHG-BOND DEFAULT</Desc>
        <Amt>34197</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>SOFTWARE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>110</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>100</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>200</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="STM106">
      <OtherIncomeDetail>
        <Desc>ACCRUED INVEST INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>353</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>353</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>353</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="STM110">
      <TaxesDetail>
        <CategoryTxt>SECRETARY OF STATE</CategoryTxt>
        <Amt>21</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>IRS PAYMENT</CategoryTxt>
        <Amt>2205</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>