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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DALLAS BAPTIST UNIVERSITY</BusinessNameLine1Txt>
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            <AddressLine1Txt>3000 MOUNTAIN CREEK PARKWAY</AddressLine1Txt>
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            <ZIPCd>75211</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EMTS ACADEMY</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1555 UNIVERSITY BLVD 418</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAM HOUSTON STATE UNIVERSITY</BusinessNameLine1Txt>
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            <AddressLine1Txt>1806 AVENUE J</AddressLine1Txt>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST EDWARDS UNIVERSITY</BusinessNameLine1Txt>
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            <AddressLine1Txt>3001 S CONGRESS AVE</AddressLine1Txt>
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            <ZIPCd>78704</ZIPCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TARLETON STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1333 W WASHINGTON ST</AddressLine1Txt>
            <CityNm>STEPHENVILLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76401</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>32450</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEMPLE COLLEGE</BusinessNameLine1Txt>
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            <AddressLine1Txt>2600 SOUTH FIRST STREET</AddressLine1Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76504</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>8925</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEMPLE EDUCATION FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>401 SANTA FE WAY</AddressLine1Txt>
            <CityNm>TEMPLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76501</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>401 GEORGE BUSH DRIVE</AddressLine1Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77840</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M UNIVERSITY</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>401 GEORGE BUSH DRIVE</AddressLine1Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77840</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>18300</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS STATE TECHNICAL COLLEGE</BusinessNameLine1Txt>
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            <AddressLine1Txt>3801 CAMPUS DRIVE</AddressLine1Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76705</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>10300</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS STATE UNIVERSITY</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>601 UNIVERSITY DR</AddressLine1Txt>
            <CityNm>SAN MARCOS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78666</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>77648</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS TECH UNIVERSITY</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>2500 BROADWAY ADMIN BLDG 213 MS</AddressLine1Txt>
            <AddressLine2Txt>42010</AddressLine2Txt>
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            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79409</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>3475</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS WOMAN'S UNIVERSITY</BusinessNameLine1Txt>
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            <CityNm>DENTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76204</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE UNIVERSITY OF MARY HARDIN-BAYLOR</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>900 COLLEGE ST</AddressLine1Txt>
            <CityNm>BELTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76513</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE UNIVERSITY OF TEXAS AT DALLAS</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>800 W CAMPBELL ROAD SPN10</AddressLine1Txt>
            <CityNm>RICHARDSON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75080</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TYLER JUNIOR COLLEGE</BusinessNameLine1Txt>
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            <ZIPCd>75701</ZIPCd>
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          <RecipientFoundationStatusCd>NC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR EDUCATION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WEST TEXAS A&amp;M UNIVERSITY</BusinessNameLine1Txt>
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            <CityNm>CANYON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79016</ZIPCd>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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          <Desc>NONDIVIDEND DISTRIBUTIONS</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>6587</ExclusionAmt>
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        <SubtotalsIncmProducingActyGrp>
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        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>SALE OF INVESTMENT SECURITIES</RelationshipStatementTxt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
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        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
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        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
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        <Amt>5125</Amt>
        <NetInvestmentIncomeAmt>2563</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2562</DisbursementsCharitablePrpsAmt>
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    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
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        <EOYBookValueAmt>1118099</EOYBookValueAmt>
        <EOYFMVAmt>1024272</EOYFMVAmt>
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    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
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        <EOYFMVAmt>11917035</EOYFMVAmt>
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        <CategoryOrItemTxt>GOVERNMENT SECURITIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>11846</BookValueAmt>
        <EOYFMVAmt>3695</EOYFMVAmt>
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    </InvestmentsOtherSchedule2>
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        <Amt>14630</Amt>
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        <RevenueAndExpensesPerBooksAmt>68010</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>68010</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>EXCISE TAX</Desc>
        <RevenueAndExpensesPerBooksAmt>5825</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>133</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>67</NetInvestmentIncomeAmt>
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        <RevenueAndExpensesPerBooksAmt>6587</RevenueAndExpensesPerBooksAmt>
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      <OtherLiabilitiesDetail>
        <Desc>EXCISE TAXES PAYABLE</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>10230</EOYBookValueAmt>
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        <NetInvestmentIncomeAmt>953</NetInvestmentIncomeAmt>
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