<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2020v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2021-06-16T13:56:59-05:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>205520612</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>L M HENDERSON &amp; COMPANY LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>450 E 96TH ST STE 200</AddressLine1Txt>
        <CityNm>INDIANAPOLIS</CityNm>
        <StateAbbreviationCd>IN</StateAbbreviationCd>
        <ZIPCd>46240</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>260533447</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>EA &amp; FRANCES REICHART</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>FOUNDATION INC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>EA&amp;F</BusinessNameControlTxt>
      <PhoneNum>7657547527</PhoneNum>
      <USAddress>
        <AddressLine1Txt>3545 WEST 1100 NORTH</AddressLine1Txt>
        <CityNm>ALEXANDRIA</CityNm>
        <StateAbbreviationCd>IN</StateAbbreviationCd>
        <ZIPCd>46001</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>TINA REICHART ANDERSON</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>7657547527</PhoneNum>
      <SignatureDt>2021-05-19</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>TINA</PersonFirstNm>
        <PersonLastNm>REICHART ANDERSON</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>RONDA EGBERT</PreparerPersonNm>
      <PTIN>P00636856</PTIN>
      <PhoneNum>3175661000</PhoneNum>
      <PreparationDt>2021-05-19</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc10" referenceDocumentId="RetDoc9">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>5266267</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>110582</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>110582</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>142182</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2704987</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>142182</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>252764</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>252764</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">5200</AccountingFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc8">2936</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1589</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc7">34152</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>34152</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>42288</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>35741</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>211235</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>211235</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>253523</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>35741</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>211235</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-759</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>217023</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>200308</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>205814</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>205814</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>2509292</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">2768586</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3697053</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>1525388</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2">948296</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1011338</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">305371</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>349562</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc5">2500</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc5">2500</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>4234988</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4230567</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>5266267</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>4234988</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>4230567</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4234988</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4230567</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4234988</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4230567</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4234988</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-759</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4234229</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc6">3662</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>4230567</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEE ATTACHED - FIDELITY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-02-13</AcquiredDt>
          <GrossSalesPriceAmt>235377</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>251943</CostOrOtherBasisAmt>
          <GainOrLossAmt>-16566</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-16566</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEE ATTACHED - FIDELITY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>2441937</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2310862</CostOrOtherBasisAmt>
          <GainOrLossAmt>131075</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>131075</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>142182</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3017</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3017</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3017</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2550</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>1300</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>3850</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>833</OverpaymentAmt>
        <AppliedToESTaxAmt>833</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>IN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>TINA REICHART ANDERSON</IndividualWithBooksNm>
        <PhoneNum>7657547527</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3545 WEST 1100 NORTH</AddressLine1Txt>
          <CityNm>ALEXANDRIA</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>46001</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRIAN L REICHART</PersonNm>
          <USAddress>
            <AddressLine1Txt>120 EAST OAK STREET</AddressLine1Txt>
            <CityNm>ORESTES</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46063</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GARY B REICHART</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 311</AddressLine1Txt>
            <CityNm>ORESTES</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46063</ZIPCd>
          </USAddress>
          <TitleTxt>V. PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TINA REICHART ANDERSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>3545 W 1100 N</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46001</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4527226</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>109830</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>4637056</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>4637056</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>69556</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>4567500</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>228375</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>228375</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3017</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3017</TotalTaxAmt>
        <DistributableBeforeAdjAmt>225358</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>225358</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>225358</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>211235</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>211235</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>211235</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>225358</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>15639</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>7926</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>434</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>1735</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>25734</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>211235</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>211235</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>14123</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>14123</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>11611</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>11611</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1516</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>7926</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>434</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>1735</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>TINA REICHART ANDERSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3545 WEST 1100 NORTH</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46001</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>7657547527</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>THE FOUNDATION HAS DEVELOPED APPLICATIONS FOR SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS. THE FOUNDATIONS APPLICATIONS INCLUDE THE FOLLOWING: - A TRANSCRIPT OF PRIOR ACADEMIC, MUSICAL, LITERARY, AND/OR OTHER ACHIEVEMENTS, DEPENDING ON THE TYPE OF SCHOLARSHIP OR OTHER EDUCATIONAL GRANT TO BE AWARDED. - A REPORT OF PERFORMANCE ON TESTS DESIGNED TO MEASURE ABILITY AND APTITUDE. - A DESCRIPTION OF FINANCIAL NEED. - AN ESSAY WRITTEN BY THE APPLICANT DESCRIBING THE APPLICANTS INTERESTS AND ASPIRATIONS. - A DESCRIPTION OF PAST INVOLVEMENT IN EXTRACURRICULAR ACTIVITIES. - A LIST OF PAST HONORS AND RECOGNITIONS. - WRITTEN RECOMMENDATONS BY INDIVIDUALS NOT RELATED TO THE APPLICANT. - THE NAMES OF THE EDUCATIONAL INSTITUTIONS TO WHICH THE APPLICANT INTENDS TO APPLY.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>N/A</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>THE NUMBER OF ANNUAL SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS MADE BY THE FOUNDATION WILL BE DEPENDENT UPON THE FOUNDATIONS RESOURCES AND OTHER PROGRAMS. WITH RESPECT TO SCHOLARSHIPS AWARDED FOR REGULAR STUDY AT AN EDUCATIONAL INSTITUTION EACH SCHOLARSHIP WILL BE AWARDED BY THE SELECTION COMMITTEE IN AN AMOUNT DETERMINED BY IT, NOT TO EXCEED THE ANTICIPATED COST OF THE RECIPIENTS TUITION, BOARD, ROOM, FEES, BOOKS, SUPPLIES, TRAVEL COSTS, AND INCIDENTAL EXPENSES FOR HIS OR HER ATTENDANCE AT SUCH EDUCATIONAL INSTITUTION. WITH RESPECT TO SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS USED TO ACHIEVE A SPECIFIC OBJECTIVE OR TO ENHANCE RECIPIENTS CAPACITIES OR SKILLS EACH SUCH SCHOLARSHIP OR OTHER EDUCATIONAL GRANT WILL BE AWARDED BY THE SELECTION COMMITTEE AND THE AMOUNT OF SUCH A SCHOLARSHIP OR EDUCATIONAL GRANT WILL NOT EXCEED THE ANTICIPATED COST OF THE PARTICULAR EDUCATIONAL ACTIVITY DESIGNED TO ACHIEVE A SPECIFIC OBJECTIVE OR TO ENHANCE THE RECIPIENT'S CAPACITIES OR SKILLS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AGAPE THERAPEUTIC RIDING RESOURCES</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>INC</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>24970 MT PLEASANT RD</AddressLine1Txt>
            <CityNm>CICERO</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST MAIN ST CHRISTIAN CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1801 MAIN ST</AddressLine1Txt>
            <CityNm>ELWOOD</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46036</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BUILDING FUND</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ELWOOD ELEMENTARY SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1803 NORTH J ST</AddressLine1Txt>
            <CityNm>ELWOOD</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46036</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS THAT CARE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3545 W 1100 N</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>935</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE BECK FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6401 EAST 276TH STREET</AddressLine1Txt>
            <CityNm>ATLANTA</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46031</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>211235</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>110582</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>142182</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>252764</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>252764</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="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>5200</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CARILLON REAMS CORE PLUS BOND CL I</BondNm>
        <EOYBookValueAmt>130681</EOYBookValueAmt>
        <EOYFMVAmt>149405</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DODGE &amp; COX INCOME (DODIX)</BondNm>
        <EOYBookValueAmt>447829</EOYBookValueAmt>
        <EOYFMVAmt>485986</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GMO OPPORTUNISTIC INCOME FUND INSTL</BondNm>
        <EOYBookValueAmt>139091</EOYBookValueAmt>
        <EOYFMVAmt>136364</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JP MORGAN INFLATION MANAGED BOND</BondNm>
        <EOYBookValueAmt>200695</EOYBookValueAmt>
        <EOYFMVAmt>209539</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VANGUARD INFLATION PROCTED SEC ADM C</BondNm>
        <EOYBookValueAmt>30000</EOYBookValueAmt>
        <EOYFMVAmt>30044</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>AQR MANAGED FUTURES FUND (AQMIX)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AQR LARGE CAP DEFENSIVE STYLE R6</StockNm>
        <EOYBookValueAmt>218541</EOYBookValueAmt>
        <EOYFMVAmt>239500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PZENA EMERGING MRKTS FOCUSED VAL</StockNm>
        <EOYBookValueAmt>180032</EOYBookValueAmt>
        <EOYFMVAmt>214537</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN BEACON AHL MNGO FUTURES STR</StockNm>
        <EOYBookValueAmt>139300</EOYBookValueAmt>
        <EOYFMVAmt>139410</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARTISAN INTERNATIONAL ADV (APDIX)</StockNm>
        <EOYBookValueAmt>168947</EOYBookValueAmt>
        <EOYFMVAmt>217135</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAILLIE GIFFORD EMERG MRKTS EQ INSTL</StockNm>
        <EOYBookValueAmt>159821</EOYBookValueAmt>
        <EOYFMVAmt>211893</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DFA GLOBAL REAL ESTATE SEC PORTFOLIO</StockNm>
        <EOYBookValueAmt>144600</EOYBookValueAmt>
        <EOYFMVAmt>147557</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DFA US TARGETED VALUE PRTF INSTL</StockNm>
        <EOYBookValueAmt>188671</EOYBookValueAmt>
        <EOYFMVAmt>229400</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FMI LARGE CAP FUND (FMIHX)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GMO ALTERNATIVE ALLOCATION FD I</StockNm>
        <EOYBookValueAmt>139200</EOYBookValueAmt>
        <EOYFMVAmt>140227</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GMO RESOURCES SERIES FUND CL PS</StockNm>
        <EOYBookValueAmt>126100</EOYBookValueAmt>
        <EOYFMVAmt>180627</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS GQG PARTNERS INTL OPP</StockNm>
        <EOYBookValueAmt>211000</EOYBookValueAmt>
        <EOYFMVAmt>224077</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OAKMARK INTERNATIONAL CL (OAKIX)</StockNm>
        <EOYBookValueAmt>201219</EOYBookValueAmt>
        <EOYFMVAmt>265325</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAZARD US EQTY CONCENTRATED PRT</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NUANCE CONCENTRATED VALUE FUND</StockNm>
        <EOYBookValueAmt>140000</EOYBookValueAmt>
        <EOYFMVAmt>140216</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TORTOISE MLP &amp; PIPELINE FD INSTL</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB FUNDAMENTAL US LARGE CO</StockNm>
        <EOYBookValueAmt>261223</EOYBookValueAmt>
        <EOYFMVAmt>343184</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TWEEDY BROWNE GLOBAL VALUE (TBGVX)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD 500 INDEX ADMIRAL (VFIAX)</StockNm>
        <EOYBookValueAmt>292914</EOYBookValueAmt>
        <EOYFMVAmt>641389</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD TOTAL STOCK MARKET (VTSAX)</StockNm>
        <EOYBookValueAmt>197018</EOYBookValueAmt>
        <EOYFMVAmt>362576</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WILLIAM BLAIR MACRO ALLOCATION</StockNm>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES TR ,SCI USA MMENTM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>165495</BookValueAmt>
        <EOYFMVAmt>201774</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANECK VECTORS ETF FR FALLEN ANGEL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>139876</BookValueAmt>
        <EOYFMVAmt>147788</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc5">
      <OtherAssetsScheduleGrp>
        <Desc>RECEIVABLE FROM REICHART CAPITAL</Desc>
        <EOYBookValueAmt>2500</EOYBookValueAmt>
        <EOYFMVAmt>2500</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc6">
      <OtherDecreasesDetail>
        <Desc>NONDIVIDEND DISTRIBUTIONS</Desc>
        <Amt>3662</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FIDELITY ACCOUNT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>34136</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>34136</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WIRE FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>16</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>1347</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>1589</Amt>
        <NetInvestmentIncomeAmt>1589</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
