﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-03-06T10:23:37-08:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>833209160</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Bishop Tax &amp; Trust Law</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4216 Alta Vista Court</AddressLine1Txt>
        <CityNm>Oceanside</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92057</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>330555611</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Berneice U Lynn Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BERN</BusinessNameControlTxt>
      <PhoneNum>7605194474</PhoneNum>
      <USAddress>
        <AddressLine1Txt>4075 Harrison St 2</AddressLine1Txt>
        <CityNm>Carlsbad</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>92008</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Kelly Perdue</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <SignatureDt>2025-03-06</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>John K Bishop Attorney</PreparerPersonNm>
      <PTIN>P01577986</PTIN>
      <PhoneNum>9259983532</PhoneNum>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="24020486" softwareVersionNum="2024v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1259691</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <GrossRentsRevAndExpnssAmt>169535</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>169535</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>169535</GrossRentsAdjNetIncmAmt>
        <NetRentalIncomeOrLossAmt>84414</NetRentalIncomeOrLossAmt>
        <TotalRevAndExpnssAmt>169535</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>169535</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>169535</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>42592</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>42592</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>42592</CompOfcrDirTrstAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">2805</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2805</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>2805</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">5493</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>5493</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>5493</OtherProfFeesAdjNetIncmAmt>
        <InterestRevAndExpnssAmt>50657</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>50657</InterestNetInvstIncmAmt>
        <InterestAdjNetIncmAmt>50657</InterestAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">-126</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>-126</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>-126</TaxesAdjNetIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule">35675</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>35675</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>35675</DeprecAndDpltnAdjNetIncmAmt>
        <PrintingAndPubRevAndExpnssAmt>724</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubNetInvstIncmAmt>724</PrintingAndPubNetInvstIncmAmt>
        <PrintingAndPubAdjNetIncmAmt>724</PrintingAndPubAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">54764</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>54764</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>54764</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>192584</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>192584</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>192584</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>20000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>20000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>212584</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>192584</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>192584</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>20000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-43049</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>8627</CashBOYAmt>
        <CashEOYAmt>20009</CashEOYAmt>
        <CashEOYFMVAmt>20009</CashEOYFMVAmt>
        <AcctRcvblBOYAmt>-7813</AcctRcvblBOYAmt>
        <CorporateStockBOYAmt>146316</CorporateStockBOYAmt>
        <LandBldgEquipCostOrOtherBssAmt>2253351</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>1013669</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>1011184</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">1239682</LandEOYAmt>
        <LandEOYFMVAmt>1239682</LandEOYFMVAmt>
        <TotalAssetsBOYAmt>1158314</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1259691</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1259691</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>44251</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>48174</AccountsPayableEOYAmt>
        <LoansFromOfficersEOYAmt>150000</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableBOYAmt>538711</MortgagesAndNotesPayableBOYAmt>
        <MortgagesAndNotesPayableEOYAmt referenceDocumentId="MortgagesAndNotesPayableSchedu">584777</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabilitiesSchedule">24300</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>582962</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>807251</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>575352</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>452440</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>575352</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>452440</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1158314</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1259691</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>575352</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-43049</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>532303</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">79863</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>452440</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>0</InvestmentIncomeExciseTaxAmt>
        <TaxDueAmt>0</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </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>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Kelly Perdue</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7605194474</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>4075 Harrison St 2</AddressLine1Txt>
          <CityNm>Carlsbad</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92008</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>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>Kelly R Perdue</PersonNm>
          <USAddress>
            <AddressLine1Txt>3670 Valley St</AddressLine1Txt>
            <CityNm>Carlsbad</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92008</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>38992</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Bruce Ebmeyer</PersonNm>
          <USAddress>
            <AddressLine1Txt>14985 Cheyenne Rd</AddressLine1Txt>
            <CityNm>Apple Valley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92307</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1200</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Joseph Andreasen</PersonNm>
          <USAddress>
            <AddressLine1Txt>19845 Talihina Rd</AddressLine1Txt>
            <CityNm>Apple Valley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92307</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1200</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Cindy Toms</PersonNm>
          <USAddress>
            <AddressLine1Txt>22276 Pahute Rd</AddressLine1Txt>
            <CityNm>Apple Valley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92308</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1200</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>Provided scholarships to students at a variety of universities and colleges. Monies are paid directly to schools for the benefit of students.</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>0</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>0</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>0</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>0</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>0</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>20000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>20000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>18445</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>18692</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>37137</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>20000</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>20000</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>57137</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>57137</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>18445</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>18692</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>20000</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Berneice U Lynn Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4075 Harrison St Ste 2</AddressLine1Txt>
            <CityNm>Carlsbad</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92008</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>7605194474</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Forms and Instructions are found at www.LynnFoundation.net</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Variable. See instructions at www.LynnFoundation.net</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Resident or Student of or local to CA High Desert</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UC Irvine</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>102 Aldrich Hall</AddressLine1Txt>
            <CityNm>Irvine</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92697</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1951</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Victor Valley Community College</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>18422 Bear Valley Rd</AddressLine1Txt>
            <CityNm>Victorville</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92395</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>5529</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Grand Canyon University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3300 W Camelback Rd</AddressLine1Txt>
            <CityNm>Phoenix</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>2276</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The Master's University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>21726 Placerita Canyon Rd</AddressLine1Txt>
            <CityNm>Santa Clarita</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91321</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>1951</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UC Davis</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 Shields Ave</AddressLine1Txt>
            <CityNm>Davis</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95616</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>2764</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UC Los Angeles</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>405 Hilgard Avenue</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90095</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>2602</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UC San Diego</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>9500 Gilman Dr</AddressLine1Txt>
            <CityNm>La Jolla</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92093</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>2927</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>20000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <NetRntlIncmReDebtFincdPropGrp>
          <RelatedOrExemptFunctionIncmAmt>84414</RelatedOrExemptFunctionIncmAmt>
        </NetRntlIncmReDebtFincdPropGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>84414</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>84414</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="24020486" softwareVersionNum="2024v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>Tax and Accounting</CategoryTxt>
        <Amt>2805</Amt>
        <NetInvestmentIncomeAmt>2805</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2805</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>LYNN BUILDING</PropertyDesc>
        <AcquiredDt>1993-03-01</AcquiredDt>
        <CostOrOtherBasisAmt>950000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>938388</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>11612</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>11612</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>1993-03-01</AcquiredDt>
        <CostOrOtherBasisAmt>16357</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5025</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>419</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>419</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>A/C UNITS</PropertyDesc>
        <AcquiredDt>2018-06-04</AcquiredDt>
        <CostOrOtherBasisAmt>12600</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8885</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>10.0000</LifeRt>
        <CurrentYearExpenseAmt>743</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>743</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CONCRETE DRIVES</PropertyDesc>
        <AcquiredDt>2018-06-06</AcquiredDt>
        <CostOrOtherBasisAmt>67645</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9611</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>1734</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1734</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CONCRETE PARKING LOT</PropertyDesc>
        <AcquiredDt>2019-02-06</AcquiredDt>
        <CostOrOtherBasisAmt>45240</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5657</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>1160</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1160</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING FACADE DESIGN</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>7000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>485</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>179</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>179</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR CONDITIONER</PropertyDesc>
        <AcquiredDt>2022-08-09</AcquiredDt>
        <CostOrOtherBasisAmt>2016</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>782</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>353</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>353</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TENANT IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2022-12-16</AcquiredDt>
        <CostOrOtherBasisAmt>22000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>588</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>564</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>564</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2023 IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2023-06-01</AcquiredDt>
        <CostOrOtherBasisAmt>616320</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8573</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>15802</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>15802</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2024 IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2024-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>264173</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0118</Rt>
        <CurrentYearExpenseAmt>3109</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3109</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="24020486" softwareVersionNum="2024v5.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>12600</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>9628</AccumulatedDepreciationAmt>
        <BookValueAmt>2972</BookValueAmt>
        <EOYFMVAmt>11857</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>950000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>950000</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1040751</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>54041</AccumulatedDepreciationAmt>
        <BookValueAmt>986710</BookValueAmt>
        <EOYFMVAmt>977825</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>250000</CostOrOtherBasisAmt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250000</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <MortgagesAndNotesPayableSch documentId="MortgagesAndNotesPayableSchedu" softwareId="24020486" softwareVersionNum="2024v5.0">
      <MortgageAmt>584777</MortgageAmt>
    </MortgagesAndNotesPayableSch>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <OtherDecreasesDetail>
        <Desc>Prior Period Adjustment</Desc>
        <Amt>79863</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>15</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>15</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>15</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>3984</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3984</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3984</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>1278</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1278</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1278</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Payroll Taxes</Desc>
        <RevenueAndExpensesPerBooksAmt>41</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>41</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>41</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Rental Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>49446</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>49446</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>49446</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <OtherLiabilitiesDetail>
        <Desc>Unearned Rent</Desc>
        <EOYBookValueAmt>24300</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Professional Fees</CategoryTxt>
        <Amt>5493</Amt>
        <NetInvestmentIncomeAmt>5493</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>5493</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="24020486" softwareVersionNum="2024v5.0">
      <TaxesDetail>
        <CategoryTxt>State Taxes</CategoryTxt>
        <Amt>126</Amt>
        <NetInvestmentIncomeAmt>-126</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-126</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>