﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2018v3.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-02-11T15:08:05-06:00</ReturnTs>
    <TaxPeriodEndDt>2019-03-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>273117176</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>AVITUS BUSINESS SERVICES INC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 2506</AddressLine1Txt>
        <CityNm>BILLINGS</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>591032506</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2018-04-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>436378149</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>V &amp; H CHARITABLE FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>V&amp;HC</BusinessNameControlTxt>
      <PhoneNum>9132343000</PhoneNum>
      <USAddress>
        <AddressLine1Txt>P O BOX 26128</AddressLine1Txt>
        <CityNm>OVERLAND PARK</CityNm>
        <StateAbbreviationCd>KS</StateAbbreviationCd>
        <ZIPCd>66225</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ROBERT D REGNIER</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>9132342218</PhoneNum>
      <SignatureDt>2020-02-04</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>NILA M BARROS</PreparerPersonNm>
      <PTIN>P00126694</PTIN>
      <PhoneNum>8004542446</PhoneNum>
      <PreparationDt>2020-02-04</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2018</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc10">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>16597345</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>117</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>117</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>124424</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>124424</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc1">323186</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1466478</GrossSalesPriceAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc7">129196</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>129196</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>576923</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>253737</TotalNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc8">84540</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>84540</OtherProfFeesNetInvstIncmAmt>
        <InterestRevAndExpnssAmt>5312</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>5312</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc9">3313</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>3313</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">30</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>30</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>93195</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>93195</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>112500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>112500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>205695</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>93195</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>112500</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>371228</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>160542</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>18983</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>75994</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>75994</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesBOYAmt>1933</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>2967</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>2967</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>2964423</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">2037444</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3596445</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>1759273</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2">644796</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>648506</CorporateBondsEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>255000</InvstLandCostOrOtherBasisAmt>
        <LandBldgInvestmentsBOYAmt>255000</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="RetDoc4">255000</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>1119680</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>2971829</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc5">5326468</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>11153753</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>7971441</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>8342669</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>16597345</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>7971441</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>8342669</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>7971441</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>8342669</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>7971441</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>8342669</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>7971441</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>371228</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>8342669</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>8342669</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>764508</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>15977037</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.047850</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>623108</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>14602548</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.042671</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>653613</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>13823279</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.047283</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>505820</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>13638322</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.037088</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>683178</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>10306925</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.066283</DistributionYr5Rt>
        <TotalDistributionRt>0.241175</TotalDistributionRt>
        <AverageDistributionRt>0.048235</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>16269775</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>784773</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1605</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>786378</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>112500</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3211</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3211</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3211</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2967</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>2967</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>244</TaxDueAmt>
      </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>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>BANK OF BLUE VALLEY</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9132343000</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO BOX 26128</AddressLine1Txt>
          <CityNm>OVERLAND PARK</CityNm>
          <StateAbbreviationCd>KS</StateAbbreviationCd>
          <ZIPCd>66225</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>true</ForeignAccountsQuestionInd>
        <ForeignCountryCd>CJ</ForeignCountryCd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2017</UndistributedIncomePY1Yr>
        <UndistrIncmSect4942a2NotAppInd>true</UndistrIncmSect4942a2NotAppInd>
        <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>CATHERINE M REGNIER</PersonNm>
          <USAddress>
            <AddressLine1Txt>5801 WINDSOR DR</AddressLine1Txt>
            <CityNm>MISSION</CityNm>
            <StateAbbreviationCd>KS</StateAbbreviationCd>
            <ZIPCd>66205</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT D REGNIER</PersonNm>
          <USAddress>
            <AddressLine1Txt>3400 W 119TH ST</AddressLine1Txt>
            <CityNm>LEAWOOD</CityNm>
            <StateAbbreviationCd>KS</StateAbbreviationCd>
            <ZIPCd>66209</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>VICTOR A REGNIER</PersonNm>
          <USAddress>
            <AddressLine1Txt>10610 LINHART DR</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90001</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</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>16491372</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>23716</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>2450</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>16517538</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>16517538</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>247763</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>16269775</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>813489</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>813489</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3211</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3211</TotalTaxAmt>
        <DistributableBeforeAdjAmt>810278</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>810278</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>810278</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>112500</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>112500</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>112500</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>810278</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>721876</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>112500</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>112500</AppliedToYear1Amt>
        <Taxable2Amt>609376</Taxable2Amt>
        <UndistributedIncomeCYAmt>810278</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JEWISH COMMUNITY CENTER OF KC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5801 W 115TH ST</AddressLine1Txt>
            <CityNm>OVERLAND PARK</CityNm>
            <StateAbbreviationCd>KS</StateAbbreviationCd>
            <ZIPCd>66211</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREEN LIGHT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 CLARENDON ST</AddressLine1Txt>
            <AddressLine2Txt>44TH FLOOR</AddressLine2Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02116</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARTS AND REC FOUNDATION OF OP</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 26392</AddressLine1Txt>
            <CityNm>OVERLAND PARK</CityNm>
            <StateAbbreviationCd>KS</StateAbbreviationCd>
            <ZIPCd>66225</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WONDERSCOPE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5700 KING</AddressLine1Txt>
            <CityNm>SHAWNEE</CityNm>
            <StateAbbreviationCd>KS</StateAbbreviationCd>
            <ZIPCd>66203</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>87500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>112500</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>117</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>124424</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>129196</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>323186</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>576923</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>576923</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>3</LineNumberTxt>
          <RelationshipStatementTxt>INTEREST FROM BANK ACCOUNTS</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>4</LineNumberTxt>
          <RelationshipStatementTxt>INTEREST AND DIVIDENDS FROM SECURITIES</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>7</LineNumberTxt>
          <RelationshipStatementTxt>MISC INCOME FROM SECURITIES</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>GAIN ON SALE OF INVESTMENTS</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
    <GainLossSaleOtherAssetsSch documentId="RetDoc1">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BBV 1111</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>718728</GrossSalesPriceAmt>
        <BasisAmt>527282</BasisAmt>
        <TotalNetAmt>191446</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BBV 1111</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>17573</GrossSalesPriceAmt>
        <BasisAmt>19890</BasisAmt>
        <TotalNetAmt>-2317</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BBV 1111</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>122039</GrossSalesPriceAmt>
        <BasisAmt>27573</BasisAmt>
        <TotalNetAmt>94466</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BBV 0036</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>125448</GrossSalesPriceAmt>
        <BasisAmt>113859</BasisAmt>
        <TotalNetAmt>11589</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>BBV 0036</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>482690</GrossSalesPriceAmt>
        <BasisAmt>454688</BasisAmt>
        <TotalNetAmt>28002</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME - SEE ATTACHED 0036</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME - SEE ATTACHED 0048</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME - SEE ATTACHED 1111</BondNm>
        <EOYBookValueAmt>644796</EOYBookValueAmt>
        <EOYFMVAmt>648506</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - SEE ATTACHED 0036</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - SEE ATTACHED 0048</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES - SEE ATTACHED 1111</StockNm>
        <EOYBookValueAmt>2037444</EOYBookValueAmt>
        <EOYFMVAmt>3596445</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc4">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>255000</CostOrOtherBasisAmt>
        <BookValueAmt>255000</BookValueAmt>
        <EOYFMVAmt>1119680</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OFFSHORE INV - SEE ATTACHED</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2000000</BookValueAmt>
        <EOYFMVAmt>7017723</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SHORT TERM INV - SEE ATTACHED 0048</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SHORT TERM INV - SEE ATTACHED 0036</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SHORT TERM INV - SEE ATTACHED 0068</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIVE ELMS III B LLP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1812791</BookValueAmt>
        <EOYFMVAmt>2479229</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OTHER - SEE ATTACHED 1111</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1513677</BookValueAmt>
        <EOYFMVAmt>1656801</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>30</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>30</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>RENT ON WONDERSCOPE</Desc>
        <RevenueAndExpensesPerBooksAmt>75000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>75000</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INVESTMENT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>54196</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>54196</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MGMT FEES BANK OF BLUE VALLEY</CategoryTxt>
        <Amt>31625</Amt>
        <NetInvestmentIncomeAmt>31625</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MGMT FEES FIVE ELMS</CategoryTxt>
        <Amt>52915</Amt>
        <NetInvestmentIncomeAmt>52915</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc9">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>327</Amt>
        <NetInvestmentIncomeAmt>327</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>2986</Amt>
        <NetInvestmentIncomeAmt>2986</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>