﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2019v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-11-10T14:13:54-08:00</ReturnTs>
    <TaxPeriodEndDt>2019-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>161152552</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>PIAKER &amp; LYONS PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>116 E MAIN ST STE 3</AddressLine1Txt>
        <CityNm>NORWICH</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>138151523</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2019-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>200217792</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE HIGLEY FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>HIGL</BusinessNameControlTxt>
      <PhoneNum>6073161650</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 551</AddressLine1Txt>
        <CityNm>NORWICH</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>13815</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>RICHARD M RUNYON</PersonNm>
      <PersonTitleTxt>President &amp; CEO</PersonTitleTxt>
      <SignatureDt>2020-11-10</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>ROY E FULLER CPA</PreparerPersonNm>
      <PTIN>P00005268</PTIN>
      <PhoneNum>6073368908</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2019</TaxYr>
    <BuildTS>2021-04-22 16:20:28Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation BinaryAttachment.1 BinaryAttachment.2 BinaryAttachment.3" softwareId="19009920" softwareVersionNum="2019v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>19541167</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>19170890</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>99808</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>99808</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>42044</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>787798</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>42044</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">1238</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1238</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>19313980</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>143090</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">1595</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>1595</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">1040</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>1040</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">542</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>542</TaxesNetInvstIncmAmt>
        <PrintingAndPubRevAndExpnssAmt>211</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubDsbrsChrtblAmt>211</PrintingAndPubDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">747</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>37</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>369</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>4135</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1619</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2175</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>570000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>570000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>574135</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1619</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>572175</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>18739845</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>141471</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashEOYAmt>759</CashEOYAmt>
        <CashEOYFMVAmt>759</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>116629</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>10955073</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>10955073</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>660372</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">7177469</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>7196310</CorporateStockEOYFMVAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">1065240</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1062661</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>6885</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">325000</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>326364</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>783886</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>19523541</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>19541167</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>783886</NoDonorRstrNetAssestsBOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>783886</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>19523541</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>783886</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>19523541</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>783886</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>18739845</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>19523731</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">190</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>19523541</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-02-19</AcquiredDt>
          <SoldDt>2019-12-26</SoldDt>
          <GrossSalesPriceAmt>84028</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>80754</CostOrOtherBasisAmt>
          <GainOrLossAmt>3274</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3274</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLIC TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2000-01-01</AcquiredDt>
          <SoldDt>2019-12-09</SoldDt>
          <GrossSalesPriceAmt>597380</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>570158</CostOrOtherBasisAmt>
          <GainOrLossAmt>27222</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>27222</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLIC TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2000-01-01</AcquiredDt>
          <SoldDt>2019-12-09</SoldDt>
          <GrossSalesPriceAmt>96266</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>94842</CostOrOtherBasisAmt>
          <GainOrLossAmt>1424</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1424</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Capital Gain Dividends</PropertyDesc>
          <GainOrLossAmt>10124</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>42044</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>3274</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>29590</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>739149</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.04003</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>24992</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>606623</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.04120</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>21295</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>512010</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.04159</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>14416</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>440568</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.03272</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>11437</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>297927</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.03839</DistributionYr5Rt>
        <TotalDistributionRt>0.193933</TotalDistributionRt>
        <AverageDistributionRt>0.038787</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>3747874</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>145369</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1415</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>146784</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>572175</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>1415</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1415</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1415</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>2500</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>2500</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>1085</OverpaymentAmt>
        <AppliedToESTaxAmt>1085</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>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>RICHARD M RUNYON</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6073161650</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO BOX 551</AddressLine1Txt>
          <CityNm>NORWICH</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13815</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>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <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>STERLING F HIGLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>10 WALES DRIVE PO BOX 62</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Mgr.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROY E FULLER</PersonNm>
          <USAddress>
            <AddressLine1Txt>117 THOMPSON ROAD</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Mgr.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICHARD M RUNYON</PersonNm>
          <USAddress>
            <AddressLine1Txt>185 N BROAD STREET</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Mgr.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JESSICA C THOMPSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 62</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Mgr.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3174017</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>630931</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>3804948</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>3804948</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>57074</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>3747874</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>187394</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>187394</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1415</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1415</TotalTaxAmt>
        <DistributableBeforeAdjAmt>185979</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>185979</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>185979</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>572175</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>572175</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>1415</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>570760</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>185979</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>35674</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>572175</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>35674</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>185979</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>350522</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>350522</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>350522</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>350522</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>STERLING F HIGLEY</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CATHOLIC CHARITIES OF CNY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3 OHARA DRIVE</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOOD PANTRY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>EMMANUEL EPISCOPAL CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 813 37 MAIN STREET</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOOD PANTRY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ST PAUL'S CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>36 EAST MAIN STREET</AddressLine1Txt>
            <CityNm>OXFORD</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13830</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TASTE AND SEE SOUP KITCHEN</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NORWICH CATHOLIC COMMUNITY SOUP KIT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>16 WESTCOTT STREET</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SOUP KITCHEN</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHENANGO SPCA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6160 COUNTY RD 32</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE PLACE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>20 EAST MAIN STREET</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>YOUTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ST MALACHY'S CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>31 East State St</AddressLine1Txt>
            <CityNm>Sherburne</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13460</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOOD PANTRY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHENANGO MEMORIAL HOSPITAL FOUNDATI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>179 NOTRH BROAD ST</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13815</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SO III FI</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT RENOVATIONS AT THE HOSPITAL</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>570000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>99808</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>42044</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ENTERPRISE PRODUCTS PART</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>878</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SUBURBAN PROPANE PARTNERS</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>360</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>143090</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>143090</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="19009920" softwareVersionNum="2019v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>STERLING HIGLEY ESTATE</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>185 NORTH BROAD ST</AddressLine1Txt>
          <CityNm>NORWICH</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13815</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>19170890</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <PayrollContributionInd>X</PayrollContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>PIAKER &amp; LYONS PC</CategoryTxt>
        <Amt>1595</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1595</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <InvestmentsCorporateBondsGrp>
        <BondNm>LEIGH BALDWIN FIXED INCOME-SEE ATTACHED</BondNm>
        <EOYBookValueAmt>390240</EOYBookValueAmt>
        <EOYFMVAmt>388562</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME-NBT SEE ATTACHED</BondNm>
        <EOYBookValueAmt>675000</EOYBookValueAmt>
        <EOYFMVAmt>674099</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE ATTACHED SCHEDULE FOR DETAIL-WF</StockNm>
        <EOYBookValueAmt>5285787</EOYBookValueAmt>
        <EOYFMVAmt>5307465</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE ATTACHED SCHEDULE FOR DETAIL WF</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STOCKS-LB SEE ATTACHED</StockNm>
        <EOYBookValueAmt>1096928</EOYBookValueAmt>
        <EOYFMVAmt>1097009</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STOCKS-NBT SEE ATTACHED</StockNm>
        <EOYBookValueAmt>794754</EOYBookValueAmt>
        <EOYFMVAmt>791836</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="19009920" softwareVersionNum="2019v5.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SEE ATTACHED SCHEDULE FOR DETAIL WF</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MULTI ASSET-LB SEE ATTACHED</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>325000</BookValueAmt>
        <EOYFMVAmt>326364</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <OtherDecreasesDetail>
        <Desc>TIMING DIFFERENCE</Desc>
        <Amt>190</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>30</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>125</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE-CHECKS</Desc>
        <RevenueAndExpensesPerBooksAmt>211</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>106</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OVERNIGHT SERVICE</Desc>
        <RevenueAndExpensesPerBooksAmt>37</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>37</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PO BOX</Desc>
        <RevenueAndExpensesPerBooksAmt>156</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>75</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>63</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>63</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="19009920" softwareVersionNum="2019v5.0">
      <OtherIncomeDetail>
        <Desc>ENTERPRISE PRODUCTS PART</Desc>
        <RevenueAndExpensesPerBooksAmt>878</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>878</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SUBURBAN PROPANE PARTNERS</Desc>
        <RevenueAndExpensesPerBooksAmt>360</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>360</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISORY FEES WELLS FARGO</CategoryTxt>
        <Amt>1040</Amt>
        <NetInvestmentIncomeAmt>1040</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="19009920" softwareVersionNum="2019v5.0">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX WITHHELD</CategoryTxt>
        <Amt>542</Amt>
        <NetInvestmentIncomeAmt>542</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>