﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2025v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-02-24T15:21:35-05:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>870814846</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>RRC ACCOUNTING SERVICES LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>290 KING OF PRUSSIA RD BLDG 2 ST</AddressLine1Txt>
        <CityNm>RADNOR</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19087</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>275271360</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE BOUDINOT FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BOUD</BusinessNameControlTxt>
      <PhoneNum>4843231345</PhoneNum>
      <USAddress>
        <AddressLine1Txt>C/O ERBOYNTON 30 VALLEY STREAM PKWY</AddressLine1Txt>
        <CityNm>MALVERN</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19355</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CAROL A ATTERBURY</PersonNm>
      <PersonTitleTxt>PRESIDENT/DIRECTOR</PersonTitleTxt>
      <PhoneNum>4843231345</PhoneNum>
      <SignatureDt>2026-02-17</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MARY-CLAIRE CORCORAN</PreparerPersonNm>
      <PTIN>P00233747</PTIN>
      <PhoneNum>4842546800</PhoneNum>
      <PreparationDt>2026-02-24</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc7">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9029154</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>171021</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>171021</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>230197</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>642101</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>230197</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>401218</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>401218</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>32000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>32000</CompOfcrDirTrstNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc3">14173</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>14173</LegalFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc5">33249</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>33249</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc6">4731</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc4">36</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>36</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>84189</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>79458</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>425000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>425000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>509189</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>79458</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>425000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-107971</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>321760</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>1844</CashBOYAmt>
        <CashEOYAmt>7077</CashEOYAmt>
        <CashEOYFMVAmt>7077</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>45914</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>80295</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>80295</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>633996</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc1">646855</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2692014</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>3694037</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2">3533593</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>6249768</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>4375791</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4267820</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9029154</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>4375791</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>4267820</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4375791</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4267820</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4375791</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4267820</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4375791</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-107971</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4267820</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>4267820</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ALLSPRING GLOBAL LONG-SHORT EQUITY C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-03-20</SoldDt>
          <GrossSalesPriceAmt>296210</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>312981</CostOrOtherBasisAmt>
          <GainOrLossAmt>-16771</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-16771</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>COMCAST CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-05-19</SoldDt>
          <GrossSalesPriceAmt>23349</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10003</CostOrOtherBasisAmt>
          <GainOrLossAmt>13346</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13346</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CONSTELLATION BRANDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-05-19</SoldDt>
          <GrossSalesPriceAmt>33592</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20507</CostOrOtherBasisAmt>
          <GainOrLossAmt>13085</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13085</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NVIDIA CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-05-19</SoldDt>
          <GrossSalesPriceAmt>67765</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6768</CostOrOtherBasisAmt>
          <GainOrLossAmt>60997</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>60997</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UNITEDHEALTH GROUP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-05-19</SoldDt>
          <GrossSalesPriceAmt>28055</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20043</CostOrOtherBasisAmt>
          <GainOrLossAmt>8012</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8012</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INVESCO QQQ TRUST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2025-12-01</SoldDt>
          <GrossSalesPriceAmt>99348</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>41602</CostOrOtherBasisAmt>
          <GainOrLossAmt>57746</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>57746</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>230197</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>4472</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>4472</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>4472</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>4380</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>4380</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>92</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>PA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>EDWIN R BOYNTON ESQUIRE</IndividualWithBooksNm>
        <PhoneNum>4843231345</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>30 VALLEY STREAM PARKWAY</AddressLine1Txt>
          <CityNm>MALVERN</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19355</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CAROL A ATTERBURY</PersonNm>
          <USAddress>
            <AddressLine1Txt>30 VALLEY STREAM PARKWAY</AddressLine1Txt>
            <CityNm>MALVERN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT/DI</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CAROLYN ZEBROWSKI</PersonNm>
          <USAddress>
            <AddressLine1Txt>30 VALLEY STREAM PARKWAY</AddressLine1Txt>
            <CityNm>MALVERN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURE/SEC</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EDWIN R BOYNTON</PersonNm>
          <USAddress>
            <AddressLine1Txt>30 VALLEY STREAM PARKWAY</AddressLine1Txt>
            <CityNm>MALVERN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19355</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>8317351</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>269309</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>8586660</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>8586660</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>128800</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>8457860</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>422893</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>422893</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>4472</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>4472</TotalTaxAmt>
        <DistributableBeforeAdjAmt>418421</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>418421</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>418421</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>425000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>425000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>418421</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>13947</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>13947</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>425000</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>418421</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>6579</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>20526</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>20526</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>13947</ExcessFromYear2Amt>
        <ExcessFromCurrentYearAmt>6579</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BARN AT SPRING BROOK FARM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>380 LOCUST GROVE ROAD</AddressLine1Txt>
            <CityNm>WEST CHESTER</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19382</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRYN MAWR HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>240 NORTH RADNOR CHESTER</AddressLine1Txt>
            <AddressLine2Txt>SUITE 340</AddressLine2Txt>
            <CityNm>RADNOR</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19087</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>LEE LEE JONES PATIENT ASSISTANCE FD</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>C WALLACE STUARD JR CYCCM SAILING</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1819 DELAWARE AVENUE</AddressLine1Txt>
            <CityNm>CAPE MAY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08204</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DEVEREUX FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>444 DEVEREUX DRIVE</AddressLine1Txt>
            <CityNm>VILLANOVA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19085</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DOCUMENTARY EDUCATIONAL RESOURCES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>108 WATER STREET 5A</AddressLine1Txt>
            <CityNm>WATERTOWN</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02472</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OLDFIELDS SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 GLENCOE ROAD</AddressLine1Txt>
            <CityNm>GLENCOE</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21152</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RYERSS FARM FOR AGED EQUINES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1710 RIDGE ROAD</AddressLine1Txt>
            <CityNm>POTTSTOWN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19465</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SADDLE UP SCHOLARS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>419B CALVARY ROAD</AddressLine1Txt>
            <CityNm>CHURCHVILLE</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21028</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SURREY SERVICES FOR SENIORS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>60 SURREY WAY</AddressLine1Txt>
            <CityNm>DEVON</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19333</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HOTCHKISS SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 INTERLAKEN ROAD</AddressLine1Txt>
            <CityNm>LAKEVILLE</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06039</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE KIMMEL CANCER CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>233 S 10TH ST</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19107</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NEW JERSEY AUDUBON SOCIETY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9 HARDSCRABBLE ROAD</AddressLine1Txt>
            <CityNm>BERNARDSVILLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07924</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WORK TO RIDE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>98 CHAMOUNIX DRIVE</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19131</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WILDWOOD CATHOLIC ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 CENTRAL AVENUE</AddressLine1Txt>
            <CityNm>NORTH WILDWOOD</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08260</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANT TO ANOTHER 501(C)(3) ORG</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>425000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>171021</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>230197</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>401218</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>401218</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>
    <InvestmentsCorpStockSchedule documentId="RetDoc1">
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBOTT LABS</StockNm>
        <EOYBookValueAmt>11109</EOYBookValueAmt>
        <EOYFMVAmt>33828</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
        <EOYBookValueAmt>16926</EOYBookValueAmt>
        <EOYFMVAmt>31989</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AGILENT TECHNOLOGIES</StockNm>
        <EOYBookValueAmt>24942</EOYBookValueAmt>
        <EOYFMVAmt>40821</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC CL A</StockNm>
        <EOYBookValueAmt>19073</EOYBookValueAmt>
        <EOYFMVAmt>212840</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON.COM INC</StockNm>
        <EOYBookValueAmt>14628</EOYBookValueAmt>
        <EOYFMVAmt>87712</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN WATER WORKS CO INC</StockNm>
        <EOYBookValueAmt>9855</EOYBookValueAmt>
        <EOYFMVAmt>19575</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>16090</EOYBookValueAmt>
        <EOYFMVAmt>43532</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC</StockNm>
        <EOYBookValueAmt>21669</EOYBookValueAmt>
        <EOYFMVAmt>326232</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC</StockNm>
        <EOYBookValueAmt>19544</EOYBookValueAmt>
        <EOYFMVAmt>66554</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM</StockNm>
        <EOYBookValueAmt>70181</EOYBookValueAmt>
        <EOYFMVAmt>105907</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COMCAST CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSTELLATION BRANDS INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL DYNAMICS</StockNm>
        <EOYBookValueAmt>13958</EOYBookValueAmt>
        <EOYFMVAmt>33329</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON MOBIL CORP</StockNm>
        <EOYBookValueAmt>85301</EOYBookValueAmt>
        <EOYFMVAmt>85923</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOME DEPOT INC</StockNm>
        <EOYBookValueAmt>7268</EOYBookValueAmt>
        <EOYFMVAmt>34066</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONEYWELL INTL INC</StockNm>
        <EOYBookValueAmt>15959</EOYBookValueAmt>
        <EOYFMVAmt>33555</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ILLINOIS TOOL WORKS INC</StockNm>
        <EOYBookValueAmt>11390</EOYBookValueAmt>
        <EOYFMVAmt>29310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>12091</EOYBookValueAmt>
        <EOYFMVAmt>38493</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN CHASE &amp; CO</StockNm>
        <EOYBookValueAmt>36473</EOYBookValueAmt>
        <EOYFMVAmt>160466</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAM RESEARCH CORP</StockNm>
        <EOYBookValueAmt>3299</EOYBookValueAmt>
        <EOYFMVAmt>68472</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCDONALD'S CORP</StockNm>
        <EOYBookValueAmt>21474</EOYBookValueAmt>
        <EOYFMVAmt>41566</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>11444</EOYBookValueAmt>
        <EOYFMVAmt>142184</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>13508</EOYBookValueAmt>
        <EOYFMVAmt>68349</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA CORP</StockNm>
        <EOYBookValueAmt>47377</EOYBookValueAmt>
        <EOYFMVAmt>652750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INC</StockNm>
        <EOYBookValueAmt>16714</EOYBookValueAmt>
        <EOYFMVAmt>22676</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RTX CORP</StockNm>
        <EOYBookValueAmt>19904</EOYBookValueAmt>
        <EOYFMVAmt>30261</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>S&amp;P GLOBAL INC</StockNm>
        <EOYBookValueAmt>17929</EOYBookValueAmt>
        <EOYFMVAmt>76298</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SOLSTICE ADV MATERIALS INC</StockNm>
        <EOYBookValueAmt>999</EOYBookValueAmt>
        <EOYFMVAmt>2089</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER SCIENTIFIC INC</StockNm>
        <EOYBookValueAmt>11453</EOYBookValueAmt>
        <EOYFMVAmt>50992</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRUIST FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>16400</EOYBookValueAmt>
        <EOYFMVAmt>23916</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITEDHEALTH GROUP INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>44055</EOYBookValueAmt>
        <EOYFMVAmt>39101</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC</StockNm>
        <EOYBookValueAmt>6302</EOYBookValueAmt>
        <EOYFMVAmt>56114</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WEC ENERGY GROUP INC</StockNm>
        <EOYBookValueAmt>9540</EOYBookValueAmt>
        <EOYFMVAmt>33114</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ALLSPRING GLOBAL LONG-SHORT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BAIRD INTERMEDIATE BOND FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>404475</BookValueAmt>
        <EOYFMVAmt>384545</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX INCOME FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>599773</BookValueAmt>
        <EOYFMVAmt>560726</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX INTERNATIONAL STOCK FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>164601</BookValueAmt>
        <EOYFMVAmt>300907</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ENERGY SELECT SECTOR SPDR FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>85171</BookValueAmt>
        <EOYFMVAmt>80120</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY REAL ESTATE ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>100210</BookValueAmt>
        <EOYFMVAmt>84461</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HARDING LOEVNER INTERNATIONAL EQUITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>183785</BookValueAmt>
        <EOYFMVAmt>293127</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESCO QQQ TRUST ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>106202</BookValueAmt>
        <EOYFMVAmt>252481</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES 1-5 YEAR INVESTMENT GRADE BD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>549737</BookValueAmt>
        <EOYFMVAmt>560316</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES MSCI EAFE INDEX FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>62004</BookValueAmt>
        <EOYFMVAmt>86955</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES 1 TO 3 YEAR TREASURY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>197977</BookValueAmt>
        <EOYFMVAmt>200839</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MADISON MID CAP FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>165132</BookValueAmt>
        <EOYFMVAmt>269982</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR S&amp;P 500 ETF TRUST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>385782</BookValueAmt>
        <EOYFMVAmt>2045760</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE NEW HORIZONS FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>105123</BookValueAmt>
        <EOYFMVAmt>107564</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD MID CAP ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>124041</BookValueAmt>
        <EOYFMVAmt>473349</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD SMALL CAP ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>32569</BookValueAmt>
        <EOYFMVAmt>114014</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VICTORYSHARES FREE CASH FLOW</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>100358</BookValueAmt>
        <EOYFMVAmt>113926</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WISDOMTREE US QUALITY DIVI ETF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>166653</BookValueAmt>
        <EOYFMVAmt>320696</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc3">
      <LegalFeesGrp>
        <CategoryTxt>STRADLEY, RONON, STEVENS &amp; YOUNG</CategoryTxt>
        <LegalFeesAmt>14173</LegalFeesAmt>
        <NetInvestmentIncomeAmt>14173</NetInvestmentIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>36</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>36</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc5">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PNC-INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>31299</Amt>
        <NetInvestmentIncomeAmt>31299</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>RRC ACCOUNTING SERVICES</CategoryTxt>
        <Amt>1950</Amt>
        <NetInvestmentIncomeAmt>1950</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc6">
      <TaxesDetail>
        <CategoryTxt>2024 FEDERAL BALANCE DUE</CategoryTxt>
        <Amt>351</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>2025 FEDERAL ESTIMATED PAYMENT</CategoryTxt>
        <Amt>4380</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>