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    <ReturnTs>2021-10-26T16:06:50-04:00</ReturnTs>
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    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
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      <BusinessName>
        <BusinessNameLine1Txt>Zemurray Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>ZEMU</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
        <CityNm>New Orleans</CityNm>
        <StateAbbreviationCd>LA</StateAbbreviationCd>
        <ZIPCd>70115</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Kimberley M Quintana</PersonNm>
      <PersonTitleTxt>TeasurerAsst S</PersonTitleTxt>
      <PhoneNum>5047669870</PhoneNum>
      <SignatureDt>2021-10-26</SignatureDt>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>Kimberley</PersonFirstNm>
        <PersonLastNm>Quintana</PersonLastNm>
      </PersonFullName>
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        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
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    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
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      <FMVAssetsEOYAmt>148644746</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>38582</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>38582</InterestOnSavNetInvstIncmAmt>
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        <DividendsNetInvstIncmAmt>2152468</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>3869932</NetGainSaleAstRevAndExpnssAmt>
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        <TotalNetInvstIncmAmt>6060982</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>175200</CompOfcrDirTrstRevAndExpnssAmt>
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        <PensionEmplBnftDsbrsChrtblAmt>19086</PensionEmplBnftDsbrsChrtblAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="STM109">651584</OtherProfFeesRevAndExpnssAmt>
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        <OccupancyRevAndExpnssAmt>24000</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>12000</OccupancyNetInvstIncmAmt>
        <OccupancyDsbrsChrtblAmt>12000</OccupancyDsbrsChrtblAmt>
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        <TotOprExpensesDsbrsChrtblAmt>183754</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>5413501</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>5413501</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>6544782</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>852045</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>5597255</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-483800</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>5208937</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>20051951</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>19720856</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>19720856</SavAndTempCashInvstEOYFMVAmt>
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        <USGovernmentObligationsEOYAmt referenceDocumentId="STM136">1237396</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>1316667</USGovtObligationsEOYFMVAmt>
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        <CorporateStockEOYAmt referenceDocumentId="STM137">74964687</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>112951443</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>15104081</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="STM138">13663761</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>14462271</CorporateBondsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>61720</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>12279</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>57563</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="STM119">49441</LandEOYAmt>
        <LandEOYFMVAmt>53500</LandEOYFMVAmt>
        <OtherAssetsBOYAmt>202813</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt>139868</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="STM120">140009</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>110246564</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>109776009</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>148644746</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>51167</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>64412</AccountsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>51167</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>64412</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>110195397</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>109711597</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>110195397</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>109711597</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>110246564</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>109776009</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>110195397</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-483800</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>109711597</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>109711597</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See Statement Part IV</PropertyDesc>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>3869932</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>72404</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>72404</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>72404</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>104990</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>104990</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>32586</OverpaymentAmt>
        <AppliedToESTaxAmt>32586</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>LA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>www.zemurray.org</WebsiteAddressTxt>
        <IndividualWithBooksNm>Kimberley M Quintana</IndividualWithBooksNm>
        <PhoneNum>5047669870</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
          <CityNm>New Orleans</CityNm>
          <StateAbbreviationCd>LA</StateAbbreviationCd>
          <ZIPCd>70115</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>Haydee T Stone</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Stephanie Stone Feoli</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
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          <TitleTxt>Vice President Director</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Alison Stone</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </USAddress>
          <TitleTxt>Co-Chair Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>20.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Thomas B Lemann</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </USAddress>
          <TitleTxt>SecretaryDirector</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Kimberley M Quintana</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer Assistant Secretary</TitleTxt>
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          <CompensationAmt>175200</CompensationAmt>
          <EmployeeBenefitProgramAmt>19876</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Ludovico Feoli</PersonNm>
          <USAddress>
            <AddressLine1Txt>1031 Antonine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </USAddress>
          <TitleTxt>Co-ChairDirector</TitleTxt>
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          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>St Denis Villere Co</PersonNm>
          <USAddress>
            <AddressLine1Txt>601 Poydras St Suite 1808</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </USAddress>
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        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>Goldman Sachs</PersonNm>
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            <CityNm>Atlanta</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30326</ZIPCd>
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        <NetVlNoncharitableAssetsAmt>128256815</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>6412841</MinimumInvestmentReturnAmt>
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        <TotalTaxAmt>72404</TotalTaxAmt>
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        <DistributableBeforeDedAmt>6340437</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>6340437</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
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        <QualifyingDistributionsAmt>5597255</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>5597255</AdjustedQualifyingDistriAmt>
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        <GrantOrContributionPdDurYrGrp>
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          <RecipientUSAddress>
            <AddressLine1Txt>6500 Magazine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Audubon Nature Institute</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6500 Magazine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>512500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Bayou District Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>320 Julia St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Bureau of Governmental Research</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1055 St Charles Ave Suite 200</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>105000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Communities in School of the Gulf S</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 792800</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70179</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Contextos NFP</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>641 W Lake Suite 200</AddressLine1Txt>
            <CityNm>Chicago</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60661</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Copan Maya Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 3044</AddressLine1Txt>
            <CityNm>Turlock</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95381</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Friends of City Park</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 Palm Drive</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Greater New Orleans Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>919 St Charles Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropy</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KID smART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2533 Columbus St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>17500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Low Cost Animal Medical Center</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4300 Washington Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Animal welfare</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Metairie Park Country Day School</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>300 Park Rd</AddressLine1Txt>
            <CityNm>Metairie</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70005</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>National MS Society</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 4594</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10163</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Orleans Botanical Garden Founda</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 Palm Drive</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>102000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Orleans Hispanic Heritage Found</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>201 St Charles Ave Ste 114 - 106</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70170</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Orleans Museum of Art</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 19123</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70179</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1516000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Schools for New Orleans</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1555 Poydras St Suite 781</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Posse Foundation - New Orleans</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1515 Poydras St Suite 610</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Pro Bono Publico Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POBox 531024</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Propeller A Force for Social Innova</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4035 Washinton Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
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          <Amt>250000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Salvadoran American Humanitarian Fo</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2050 Coral Way Suite 600</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33145</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Samual Z Stone CIPR Trust</RecipientPersonNm>
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            <AddressLine1Txt>1555 Poydras St Suite 1000</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
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          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>School for Advanced Intl Studies</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1740 Massachusetts Ave NW</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
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          <Amt>75000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Second Harvest Food Bank</RecipientPersonNm>
          <RecipientUSAddress>
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            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70123</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>St Martins Episcopal School</RecipientPersonNm>
          <RecipientUSAddress>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70003</ZIPCd>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>St Thomas Community Health Cntr</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1936 Magazine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Tulane University</RecipientPersonNm>
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            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70113</ZIPCd>
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          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>383334</Amt>
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        <GrantOrContriApprvForFutGrp>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
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        <GrantOrContriApprvForFutGrp>
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            <ZIPCd>70130</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContriApprvForFutGrp>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
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          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Humanitarian</GrantOrContributionPurposeTxt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Young Aspirations Young Artists</RecipientPersonNm>
          <RecipientUSAddress>
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            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Youth Empowerment Project</RecipientPersonNm>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70113</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>75000</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>EAP Zamorano</RecipientPersonNm>
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            <AddressLine1Txt>1701 Pennsylvania Ave NW</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>550000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>2865000</TotalGrantOrContriApprvFutAmt>
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        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>38582</ExclusionAmt>
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        <DivAndIntFromSecPartVIIGrp>
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          <ExclusionAmt>2152469</ExclusionAmt>
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        <GainSalesAstOthThanInvntryGrp>
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          <ExclusionAmt>3869932</ExclusionAmt>
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        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>6060983</ExclusionAmt>
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        <TotalIncomeProducingActyAmt>6060983</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>
    <DepreciationSchedule documentId="STM126">
      <DepreciationPropertyGrp>
        <PropertyDesc>Conference Room Furniture</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>26319</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1879</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>3760</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1881</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Office Furniture</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>7747</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>553</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1107</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>553</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Coat Rack</PropertyDesc>
        <AcquiredDt>2019-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>556</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>40</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>79</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>39</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Macbook Pro Laptop</PropertyDesc>
        <AcquiredDt>2019-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>1877</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>188</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>375</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>188</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Mac Pro desktop</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>1422</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>142</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>284</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>142</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HP Pavillion Laptop</PropertyDesc>
        <AcquiredDt>2019-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>547</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>55</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>109</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>54</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Carpet</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>6841</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>684</PriorYearDepreciationAmt>
        <ComputationMethodTxt>DD</ComputationMethodTxt>
        <LifeRt>10</LifeRt>
        <CurrentYearExpenseAmt>1231</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>615</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Window Treatments</PropertyDesc>
        <AcquiredDt>2019-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>2747</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>275</PriorYearDepreciationAmt>
        <ComputationMethodTxt>DD</ComputationMethodTxt>
        <LifeRt>10</LifeRt>
        <CurrentYearExpenseAmt>494</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>247</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Leasehold Improvements</PropertyDesc>
        <AcquiredDt>2019-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>12218</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>305</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20</LifeRt>
        <CurrentYearExpenseAmt>611</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>305</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Leasehold Improvements</PropertyDesc>
        <AcquiredDt>2019-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>1445</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>36</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20</LifeRt>
        <CurrentYearExpenseAmt>72</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>36</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="STM138">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Villere &amp; Co</BondNm>
        <EOYBookValueAmt>9115087</EOYBookValueAmt>
        <EOYFMVAmt>9867887</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GS Main Advisory</BondNm>
        <EOYBookValueAmt>1921044</EOYBookValueAmt>
        <EOYFMVAmt>1929020</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GS Gov_Corp FI</BondNm>
        <EOYBookValueAmt>2627630</EOYBookValueAmt>
        <EOYFMVAmt>2665364</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>Villere &amp; Co</StockNm>
        <EOYBookValueAmt>46305390</EOYBookValueAmt>
        <EOYFMVAmt>76724550</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS Main Advisory</StockNm>
        <EOYBookValueAmt>28659297</EOYBookValueAmt>
        <EOYFMVAmt>36226893</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="STM136">
      <USGovtObligationsBookVlEOYAmt>1237396</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>1316667</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="STM119">
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>57873</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>11126</AccumulatedDepreciationAmt>
        <BookValueAmt>46747</BookValueAmt>
        <EOYFMVAmt>53500</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3847</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1153</AccumulatedDepreciationAmt>
        <BookValueAmt>2694</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="STM120">
      <OtherAssetsScheduleGrp>
        <Desc>Accrued Income receivable</Desc>
        <BOYBookValueAmt>80812</BOYBookValueAmt>
        <EOYBookValueAmt>78456</EOYBookValueAmt>
        <EOYFMVAmt>78456</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Deposits</Desc>
        <BOYBookValueAmt>2150</BOYBookValueAmt>
        <EOYBookValueAmt>2150</EOYBookValueAmt>
        <EOYFMVAmt>2150</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Office Artwork</Desc>
        <BOYBookValueAmt>24859</BOYBookValueAmt>
        <EOYBookValueAmt>24859</EOYBookValueAmt>
        <EOYFMVAmt>25000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Prepaid taxes</Desc>
        <BOYBookValueAmt>94990</BOYBookValueAmt>
        <EOYBookValueAmt>32586</EOYBookValueAmt>
        <EOYFMVAmt>32586</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Rounding</Desc>
        <BOYBookValueAmt>2</BOYBookValueAmt>
        <EOYBookValueAmt>-2</EOYBookValueAmt>
        <EOYFMVAmt>-2</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Prepaid Health Insurance</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>1819</EOYBookValueAmt>
        <EOYFMVAmt>1819</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Service Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>216</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>216</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Cleaning and Maintenance</Desc>
        <RevenueAndExpensesPerBooksAmt>600</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>300</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>6460</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3230</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3230</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous</Desc>
        <RevenueAndExpensesPerBooksAmt>885</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>442</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>443</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>219</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>110</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>109</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage</Desc>
        <RevenueAndExpensesPerBooksAmt>110</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>55</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>55</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Retiree Pension</Desc>
        <RevenueAndExpensesPerBooksAmt>19016</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Security</Desc>
        <RevenueAndExpensesPerBooksAmt>632</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>316</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>316</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Software</Desc>
        <RevenueAndExpensesPerBooksAmt>1301</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>651</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>650</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Utilities</Desc>
        <RevenueAndExpensesPerBooksAmt>5888</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2944</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2944</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="STM109">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment Management Fees</CategoryTxt>
        <Amt>651584</Amt>
        <NetInvestmentIncomeAmt>651584</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="STM110">
      <TaxesDetail>
        <CategoryTxt>Excise Tax on investment inc</CategoryTxt>
        <Amt>72404</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Foreign tax on dividend income</CategoryTxt>
        <Amt>14550</Amt>
        <NetInvestmentIncomeAmt>14550</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>18123</Amt>
        <NetInvestmentIncomeAmt>9062</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>9061</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Secretary of State</CategoryTxt>
        <Amt>10</Amt>
        <NetInvestmentIncomeAmt>5</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
