<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-05-14T16:38:31-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>952972229</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DANIELLS PHILLIPS VAUGHAN &amp; BOCK</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>300 NEW STINE ROAD</AddressLine1Txt>
        <CityNm>BAKERSFIELD</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>93309</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>202060209</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE RYAN EVANS FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>RYAN</BusinessNameControlTxt>
      <PhoneNum>5596278671</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 2738</AddressLine1Txt>
        <CityNm>VISALIA</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>93279</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>NORMAN K EVANS</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>5596278671</PhoneNum>
      <SignatureDt>2024-05-14</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>NORMAN</PersonFirstNm>
        <PersonLastNm>EVANS</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>0</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>JOEL A BOCK CPA MST</PreparerPersonNm>
      <PTIN>P00639274</PTIN>
      <PhoneNum>6618347411</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9167432</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>650000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>5480</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>5480</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>243820</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>243820</DividendsNetInvstIncmAmt>
        <GrossRentsRevAndExpnssAmt>137665</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>137665</GrossRentsNetInvstIncmAmt>
        <NetRentalIncomeOrLossAmt>-5030</NetRentalIncomeOrLossAmt>
        <NetGainSaleAstRevAndExpnssAmt>-10964</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>6719256</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1026001</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>386965</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">22438</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>22026</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc2203000001">59787</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>59787</DeprecAndDpltnNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">73435</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>73435</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>0</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>155660</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>155248</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>535000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>535000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>690660</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>155248</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>535000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>335341</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>231717</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashEOYAmt>16143</CashEOYAmt>
        <CashEOYFMVAmt>16143</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1917807</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>2619290</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>2619290</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>4620792</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">4691062</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>4413226</CorporateStockEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>1866839</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>137969</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>2007533</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="RetDoc2059100001">1728870</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>2030000</LandBldgInvestmentsEOYFMVAmt>
        <MortgageLoansBOYAmt>250000</MortgageLoansBOYAmt>
        <MortgageLoansEOYAmt>88773</MortgageLoansEOYAmt>
        <MortgageLoansEOYFMVAmt>88773</MortgageLoansEOYFMVAmt>
        <TotalAssetsBOYAmt>8796132</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>9144138</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9167432</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">4250</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">3900</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>4250</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>3900</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>8791882</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>9140238</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>8791882</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>9140238</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>8796132</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>9144138</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>8791882</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>335341</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc2049700001">13015</OtherIncreasesAmt>
        <SubtotalAmt>9140238</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>9140238</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>(5 UNITS) 2242 SAINT CHARLES AVE. MONTGOMERY, ALABAMA 36107</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>270000</GrossSalesPriceAmt>
          <DepreciationAmt>32269</DepreciationAmt>
          <CostOrOtherBasisAmt>268581</CostOrOtherBasisAmt>
          <GainOrLossAmt>33688</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>33688</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH #2579- SHORT</PropertyDesc>
          <GrossSalesPriceAmt>2413395</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2596393</CostOrOtherBasisAmt>
          <GainOrLossAmt>-182998</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-182998</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH #2579- LONG</PropertyDesc>
          <GrossSalesPriceAmt>1049986</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>882297</CostOrOtherBasisAmt>
          <GainOrLossAmt>167689</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>167689</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH #4069- SHORT</PropertyDesc>
          <GrossSalesPriceAmt>1907839</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1828152</CostOrOtherBasisAmt>
          <GainOrLossAmt>79687</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>79687</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH #4069- LONG</PropertyDesc>
          <GrossSalesPriceAmt>1078036</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1187066</CostOrOtherBasisAmt>
          <GainOrLossAmt>-109030</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-109030</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-10964</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3221</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>3221</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>3221</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>5000</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>5000</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>172</EsPenaltyAmt>
        <OverpaymentAmt>1607</OverpaymentAmt>
        <AppliedToESTaxAmt>1607</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>SARA G EVANS</IndividualWithBooksNm>
        <PhoneNum>5597388783</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1160 NW UNION ST</AddressLine1Txt>
          <CityNm>BEND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97703</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SARA G EVANS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1160 NW UNION ST</AddressLine1Txt>
            <CityNm>BEND</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97703</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, SECRETARY, CFO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NORMAN K EVANS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1160 NW UNION ST</AddressLine1Txt>
            <CityNm>BEND</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97703</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4476755</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>2701726</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>2030000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>9208481</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>9208481</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>138127</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>9070354</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>453518</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>453518</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3221</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3221</TotalTaxAmt>
        <DistributableBeforeAdjAmt>450297</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>450297</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>450297</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>535000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>535000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>450297</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>512244</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>535000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>512244</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>22756</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>427541</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>SARA G EVANS</ContributingManagerNm>
        <ContributingManagerNm>NORMAN K EVANS</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BIG BROTHERS &amp; BIG SISTERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>948 N H STREET STE 2</AddressLine1Txt>
            <CityNm>TULARE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93274</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOYS &amp; GIRLS CLUB OF TULARE COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>215 W TULARE AVE</AddressLine1Txt>
            <CityNm>VISALIA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93277</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>90000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CASA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1146 N CHINOWITH</AddressLine1Txt>
            <CityNm>VISALIA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93291</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DESERT COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>75105 MERLE DR STE 300</AddressLine1Txt>
            <CityNm>PALM DESERT</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92211</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FAMILY SERVICES OF TULARE COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>815 W OAK</AddressLine1Txt>
            <CityNm>VISALIA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93291</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GRANDMA'S HOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>226 S BLACKSTONE ST</AddressLine1Txt>
            <CityNm>TULARE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93274</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>90000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TUNNEL TO TOWERS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2361 HYLAND BLVD</AddressLine1Txt>
            <CityNm>STATEN ISLAND</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10306</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VALLEY OAK SPCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9405 W GOSHEN AVE</AddressLine1Txt>
            <CityNm>VISALIA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93291</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WOUNDED WARRIOR PROJECT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8880 RIO SAN DIEGO DRIVE SUITE 900</AddressLine1Txt>
            <CityNm>SAN DIEGO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92108</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LINDSAY UNIFIED SCHOOL DISTRICT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>371 EAST HERMOSA ST</AddressLine1Txt>
            <CityNm>LINDSAY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93247</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>155000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMMUNITY SERVICES &amp; EMPLOYMENT TRAINING INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>312 NW 3RD AVENUE</AddressLine1Txt>
            <CityNm>VISALIA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93291</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3) ORG.</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>535000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5480</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>243820</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <RelatedOrExemptFunctionIncmAmt>-5030</RelatedOrExemptFunctionIncmAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>-10964</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>238336</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-5030</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>233306</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>5</LineNumberTxt>
          <RelationshipStatementTxt>RENTAL ACTIVITIES TO FINANCE PROGRAM ACTIVITIES</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>NORMAN AND SARA EVANS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1160 NW UNION ST</AddressLine1Txt>
          <CityNm>BEND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97703</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>650000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <DepreciationPropertyGrp>
        <PropertyDesc>DENSON</PropertyDesc>
        <AcquiredDt>2018-12-20</AcquiredDt>
        <CostOrOtherBasisAmt>72116</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9177</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>2622</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2622</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CROW CREEK</PropertyDesc>
        <AcquiredDt>2018-11-07</AcquiredDt>
        <CostOrOtherBasisAmt>228087</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>30411</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>8294</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>8294</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MONTGOMERY- 6 UNITS</PropertyDesc>
        <AcquiredDt>2018-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>241100</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>32146</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>8767</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>8767</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - DENSON</PropertyDesc>
        <AcquiredDt>2018-12-20</AcquiredDt>
        <CostOrOtherBasisAmt>18029</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - CROW CREEK</PropertyDesc>
        <AcquiredDt>2018-11-07</AcquiredDt>
        <CostOrOtherBasisAmt>57022</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - MONTGOMERY (6 UNITS)</PropertyDesc>
        <AcquiredDt>2018-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>60275</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LITTLE CROW, NV</PropertyDesc>
        <AcquiredDt>2021-05-07</AcquiredDt>
        <CostOrOtherBasisAmt>255324</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>10832</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>9285</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>9285</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - LITTLE CROW</PropertyDesc>
        <AcquiredDt>2021-05-07</AcquiredDt>
        <CostOrOtherBasisAmt>63832</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - SILVER GLEN</PropertyDesc>
        <AcquiredDt>2022-06-03</AcquiredDt>
        <CostOrOtherBasisAmt>90396</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SILVER GLEN, NV</PropertyDesc>
        <AcquiredDt>2022-06-03</AcquiredDt>
        <CostOrOtherBasisAmt>361582</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1096</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>13148</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>13148</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - EMERALD</PropertyDesc>
        <AcquiredDt>2022-06-16</AcquiredDt>
        <CostOrOtherBasisAmt>83815</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>EMERALD GLOW, NV</PropertyDesc>
        <AcquiredDt>2022-06-16</AcquiredDt>
        <CostOrOtherBasisAmt>335261</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>12191</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>12191</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MONTGOMERY- 5 UNITS</PropertyDesc>
        <AcquiredDt>2018-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>200917</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>26789</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>5480</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5480</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND - MONTGOMERY (5 UNITS)</PropertyDesc>
        <AcquiredDt>2018-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>50229</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>MERRILL LYNCH SECURITIES</StockNm>
        <EOYBookValueAmt>4641062</EOYBookValueAmt>
        <EOYFMVAmt>4366945</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SUNCREST BANK</StockNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>46281</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc2059100001">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DENSON</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>72116</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>11799</AccumulatedDepreciationAmt>
        <BookValueAmt>60317</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>CROW CREEK</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>228087</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>38705</AccumulatedDepreciationAmt>
        <BookValueAmt>189382</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>MONTGOMERY- 6 UNITS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>241100</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>40913</AccumulatedDepreciationAmt>
        <BookValueAmt>200187</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - DENSON</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>18029</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>18029</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - CROW CREEK</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>57022</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>57022</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - MONTGOMERY (6 UNITS)</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>60275</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>60275</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LITTLE CROW, NV</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>255324</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>20117</AccumulatedDepreciationAmt>
        <BookValueAmt>235207</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - LITTLE CROW</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>63832</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>63832</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - SILVER GLEN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>90396</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>90396</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>SILVER GLEN, NV</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>361582</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>14244</AccumulatedDepreciationAmt>
        <BookValueAmt>347338</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - EMERALD</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>83815</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>83815</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>EMERALD GLOW, NV</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>335261</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12191</AccumulatedDepreciationAmt>
        <BookValueAmt>323070</BookValueAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>ADVISORY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>11823</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>11823</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>730</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>730</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CLEANING</Desc>
        <RevenueAndExpensesPerBooksAmt>3089</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3089</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>18074</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>18074</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EVICTION &amp; OTHER FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>802</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>802</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>9550</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>9550</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROPERTY MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>10350</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10350</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>HOA DUES</Desc>
        <RevenueAndExpensesPerBooksAmt>3527</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3527</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIR &amp; MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>14590</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>14590</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TENANT PROCUREMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>900</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>900</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreasesDetail>
        <Desc>NONTAXABLE DIVIDENDS</Desc>
        <Amt>13015</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>TENANT DEPOSITS</Desc>
        <BOYBookValueAmt>4250</BOYBookValueAmt>
        <EOYBookValueAmt>3900</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>412</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAX</CategoryTxt>
        <Amt>22026</Amt>
        <NetInvestmentIncomeAmt>22026</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
