﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2019v5.1" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-05-11T16:13:10-07:00</ReturnTs>
    <TaxPeriodEndDt>2019-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Frederick W Barthelmas Jr CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>757 Revolutionary Drive</AddressLine1Txt>
        <CityNm>Ballston Spa</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>12020</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2019-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>412192968</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE MELANIE FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>MELA</BusinessNameControlTxt>
      <PhoneNum>5185842984</PhoneNum>
      <USAddress>
        <AddressLine1Txt>17 MARION PLACE</AddressLine1Txt>
        <CityNm>SARATOGA SPRINGS</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>12866</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>GEORGE O'DONNELL</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>5185842984</PhoneNum>
      <SignatureDt>2020-05-06</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Frederick W Barthelmas Jr CPA</PreparerPersonNm>
      <PTIN>P00118423</PTIN>
      <PhoneNum>5185872917</PhoneNum>
      <PreparationDt>2020-05-11</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2019</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF-01">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>579141</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>2233</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>12</InterestOnSavRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>12293</DividendsRevAndExpnssAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <GrossProfitRevAndExpnssAmt>0</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2-01" referenceDocumentName="OtherIncomeSchedule2">82952</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>3876</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>82952</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>97490</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>3876</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>82952</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt>0</LegalFeesRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt>0</AccountingFeesRevAndExpnssAmt>
        <OtherProfFeesRevAndExpnssAmt>0</OtherProfFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule-01" referenceDocumentName="TaxesSchedule">56</TaxesRevAndExpnssAmt>
        <TaxesAdjNetIncmAmt>56</TaxesAdjNetIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt>0</DeprecAndDpltnRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule-01" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">55779</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>54079</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>55835</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>56</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>54079</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>34000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>34000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>89835</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>56</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>88079</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>7655</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>3876</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>82896</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>809</CashBOYAmt>
        <CashEOYAmt>1720</CashEOYAmt>
        <CashEOYFMVAmt>1720</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>27230</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>17805</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>17805</SavAndTempCashInvstEOYFMVAmt>
        <RcvblFromOfficersEOYAmt>0</RcvblFromOfficersEOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>0</OtherNtsAndLoansRcvblEOYAmt>
        <LandBldgInvestmentsEOYAmt>0</LandBldgInvestmentsEOYAmt>
        <OtherInvestmentsBOYAmt>447333</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2-01" referenceDocumentName="InvestmentsOtherSchedule2">559616</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>559616</OtherInvestmentsEOYFMVAmt>
        <LandEOYAmt>0</LandEOYAmt>
        <OtherAssetsBOYAmt>0</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt>0</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt>0</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>475372</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>579141</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>579141</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersEOYAmt>0</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableEOYAmt>0</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesBOYAmt>0</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt>0</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>475372</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>579141</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>475372</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>579141</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>475372</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>579141</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>475372</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>7655</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule-01" referenceDocumentName="OtherIncreasesSchedule">96114</OtherIncreasesAmt>
        <SubtotalAmt>579141</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>579141</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>64687</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>476118</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.135863</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>54150</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>442425</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.122394</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>98191</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>404455</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.242774</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>87967</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>353703</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.248703</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>111240</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>335105</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.331956</DistributionYr5Rt>
        <TotalDistributionRt>1.081690</TotalDistributionRt>
        <AverageDistributionRt>0.216338</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>509203</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>110160</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>39</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>110199</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>88079</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>78</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>78</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>78</TaxBasedOnInvestmentIncomeAmt>
        <OriginalReturnTaxPaidAmt>0</OriginalReturnTaxPaidAmt>
        <TaxDueAmt>78</TaxDueAmt>
        <AppliedToESTaxAmt>0</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>
        <Form990PFFiledWithAttyGenInd>false</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>THEMELANIE FOUNDATION.COM</WebsiteAddressTxt>
        <IndividualWithBooksNm>VICKI MEROLA</IndividualWithBooksNm>
        <PhoneNum>5185873741</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>33 LEFFERTS ST</AddressLine1Txt>
          <CityNm>SPRINGS</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>12866</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>
        <UndistrIncmSect4942a2NotAppInd>false</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>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GEORGE O'DONNELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>55 BIRCH ST</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>VICKI MEROLA</PersonNm>
          <USAddress>
            <AddressLine1Txt>33 LEFFERTS ST</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHELLE MEROLA</PersonNm>
          <USAddress>
            <AddressLine1Txt>25 PALMER HEIGHTS</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>COLLEEN SANITA</PersonNm>
          <USAddress>
            <AddressLine1Txt>5 EMERALD LANE</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KARA WATERS</PersonNm>
          <USAddress>
            <AddressLine1Txt>34 WEDGEWOOD DR</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARIA MAURER</PersonNm>
          <USAddress>
            <AddressLine1Txt>14 WIGHT PLACE</AddressLine1Txt>
            <CityNm>PEMAFLY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07670</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER SARVER</PersonNm>
          <USAddress>
            <AddressLine1Txt>23 TROTTINGHAM DR</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>COURTNEY HUFF</PersonNm>
          <USAddress>
            <AddressLine1Txt>15728 EAST OAKLAND AVE</AddressLine1Txt>
            <CityNm>OAKLAND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34787</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THE SARATOGA PALIO RUN</Description1Txt>
        <Expenses1Amt>54057</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>509598</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>24605</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>534203</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>534203</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt referenceDocumentId="CashDeemedCharitableExplnSt-01" referenceDocumentName="CashDeemedCharitableExplanationStatement">25000</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>509203</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>25460</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>25460</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>78</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>78</TotalTaxAmt>
        <DistributableBeforeAdjAmt>25382</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>25382</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>25382</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>88079</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>88079</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>88079</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>25382</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>95317</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>88063</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>98288</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>54150</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>64687</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>400505</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>88079</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>88079</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>488584</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>25382</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>95317</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>393267</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>88063</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>98288</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>54150</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>64687</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>88079</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MELANIE MEROLA O'DONNELL SCHOLARSHI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>34 WEDGEWOOD DRIVE</AddressLine1Txt>
            <CityNm>SARATOGA SPRINGS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5185872119</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>RESUME, COVER LETTER, OFFICIAL UNDERGRADUATE TRANSCRIPTS, THREE LETTERS OF REFERENCE, ESSAY</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MARCH 6, 2016</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>FOR GRADUATE STUDY IN AN ACCREDITED MENTAL HEALTH PROGRAM.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CATHERINE COBETTO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1210 WASHINGTON ST</AddressLine1Txt>
            <CityNm>PITTSBURGH</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>15217</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KAELYN MADERY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1209 SEYMOUR AVE</AddressLine1Txt>
            <CityNm>JACKSON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49505</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SAMANTHA NORTH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1809 COUNTRYSIDE DR</AddressLine1Txt>
            <CityNm>SHAKOPEE</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55379</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LAUREN SCHAEFER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1325 LANDFAIR DR</AddressLine1Txt>
            <CityNm>GERMANTOWN</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38138</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SARATOGA NUTRITION PROGRAM FOR CHILDREM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2452</AddressLine1Txt>
            <CityNm>WILTON</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12831</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>NONPROFITCORP</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>34000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>12</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>12293</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetIncomeLossFromSpecialEvtGrp>
          <RelatedOrExemptFunctionIncmAmt>24749</RelatedOrExemptFunctionIncmAmt>
        </NetIncomeLossFromSpecialEvtGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>12305</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>24749</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>37054</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>9</LineNumberTxt>
          <RelationshipStatementTxt>RAISED FUNDS FOR THE SCHOLARSHIP FUND AND GRANTS</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>
    <CashDeemedCharitableExplnStmt documentId="CashDeemedCharitableExplnSt-01">
      <ShortExplanationTxt>CASH IS HELD TO PROVIDE FOR SCHOLARSHIPS TO QUALIFYING STUDENTS AND FOR DONATIONS TO COMMUNITY NONPROFIT ORGANIZATIONS.</ShortExplanationTxt>
    </CashDeemedCharitableExplnStmt>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2-01">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY FOUR IN ONE INDEX</CategoryOrItemTxt>
        <BookValueAmt>559616</BookValueAmt>
        <EOYFMVAmt>559616</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>ANNUAL RUN EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>54057</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>52357</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1261</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1261</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REGISTRATION</Desc>
        <RevenueAndExpensesPerBooksAmt>125</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>125</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>154</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>154</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEB SITE MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>182</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>182</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2-01">
      <OtherIncomeDetail>
        <Desc>ANNUAL RUN</Desc>
        <RevenueAndExpensesPerBooksAmt>78806</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>78806</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>LONG TERM CAPITAL GAIN DISTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>3843</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3843</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3843</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SHORT TERM CAPITAL GAIN DISTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>33</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>33</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>33</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MISCELLANEOUS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>270</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>270</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule-01">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED CAPITAL GAINS</Desc>
        <Amt>96114</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>EXCISE</CategoryTxt>
        <Amt>56</Amt>
        <AdjustedNetIncomeAmt>56</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>