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            <AddressLine1Txt>1812 S KUVE OAK PKWY</AddressLine1Txt>
            <CityNm>WILLMINGTON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28403</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>716000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>113316</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2769735</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2883051</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2883051</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="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>EDMONDS &amp; EDMONDS, LLP</CategoryTxt>
        <Amt>5400</Amt>
        <NetInvestmentIncomeAmt>5400</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>1303 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1849 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,267 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1550 SHS JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3032 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2700 SHS JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1080 SHS JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2836 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2,115 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2013 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1681 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1790 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>114 SHS PEPSICO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3680 SHS BERKSHIRE HATHAWAY B</StockNm>
        <EOYBookValueAmt>1518928</EOYBookValueAmt>
        <EOYFMVAmt>1890821</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1042 SHS APPLE INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>584 SHS APPLE INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>650,000 SHS UST NT 0.375%</StockNm>
        <EOYBookValueAmt>635217</EOYBookValueAmt>
        <EOYFMVAmt>650000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>BOOK/TAX DIFF ON SOLD STOCK</Desc>
        <Amt>195541</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>AT COST DIFFERENCE - UST BONDS</Desc>
        <Amt>356</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>OTHERS - US TREASURY</Desc>
        <Amt>318</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>CALL JOHNSON &amp; JOHNSON (53 SH</Desc>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>CALL ABBVIE INC (60 SHARES)</Desc>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>CALL PEPSICO INC (180 SHS)</Desc>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <SubstantialContributorsSch documentId="SubsContributorsSch">
      <SubstantialContributorDetail>
        <PersonNm>RONALD JANE OLSON</PersonNm>
        <USAddress>
          <AddressLine1Txt>4 OAK KNOLL TERRACE</AddressLine1Txt>
          <CityNm>PASADENA</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>91106</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>INTERNAL REVENUE SERVICE</CategoryTxt>
        <Amt>10400</Amt>
        <NetInvestmentIncomeAmt>10400</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>10400</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>INTERNAL REVENUE SERVICE-23 BD</CategoryTxt>
        <Amt>6944</Amt>
        <NetInvestmentIncomeAmt>6944</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>6944</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>