﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2018v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2019-11-15T10:13:32-06:00</ReturnTs>
    <TaxPeriodEndDt>2018-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>741893009</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ANDREW G SHEBAY &amp; CO PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 79650</AddressLine1Txt>
        <CityNm>HOUSTON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77279</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2018-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>204091122</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>RICHARD WALLRATH EDUCATIONAL</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>FOUNDATION</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>RICH</BusinessNameControlTxt>
      <PhoneNum>9035367103</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 1249</AddressLine1Txt>
        <CityNm>CENTERVILLE</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>758331249</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>PATSY MURPHY WALLRATH</PersonNm>
      <PersonTitleTxt>SECRETARY</PersonTitleTxt>
      <PhoneNum>7134407000</PhoneNum>
      <SignatureDt>2019-11-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MICHAEL G SHEBAY</PreparerPersonNm>
      <PTIN>P00360629</PTIN>
      <PhoneNum>2813177229</PhoneNum>
      <PreparationDt>2019-11-15</PreparationDt>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>50.209.222.45</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2019-11-15</IPDt>
      <IPTm>10:13:32</IPTm>
      <IPTimezoneCd>CS</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>5D39C4D2F1A229BE122C8367E1F9163877DD1E2A</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>F713FE1837C0A56357EA96D0EE941AD8F910A98A</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2018</TaxYr>
    <BuildTS>2020-03-31 21:24:44Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc13">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>5436666</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>11792</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>11792</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>88944</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>88944</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc3">491555</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1569658</GrossSalesPriceAmt>
        <TotalRevAndExpnssAmt>592291</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>100736</TotalNetInvstIncmAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>30000</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>12500</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>17500</OthEmplSlrsWgsDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">5722</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>5508</TaxesNetInvstIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc2">3484</DeprecAndDpltnRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc8">36725</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>33312</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>3042</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>75931</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>51320</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>20542</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>628750</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>628750</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>704681</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>51320</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>649292</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-112390</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>49416</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>21640</CashBOYAmt>
        <CashEOYAmt>9301</CashEOYAmt>
        <CashEOYFMVAmt>9301</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>11011</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>148052</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>148052</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>1511532</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="RetDoc5">148456</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>149858</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>3310411</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc4">4439787</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>5129455</CorporateStockEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>20903</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>17694</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>6693</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="RetDoc6">3209</LandEOYAmt>
        <TotalAssetsBOYAmt>4861287</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4748805</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>5436666</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>4861287</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>4748805</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4861287</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4748805</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4861287</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4748805</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4861287</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-112390</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc9">122</OtherIncreasesAmt>
        <SubtotalAmt>4749019</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc7">214</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>4748805</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>605411</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>6293176</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.096201</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>959595</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>6353218</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.151041</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>313673</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>6592232</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.047582</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>1265506</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>7582488</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.166899</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>786621</AdjustedQlfyDistriYr5Amt>
        <TotalDistributionRt>0.461723</TotalDistributionRt>
        <AverageDistributionRt>0.115431</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>5042360</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>582045</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>494</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>582539</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>649292</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>494</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>494</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>494</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>494</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>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WALLRATHFOUNDATION.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>PATSY MURPHY WALLRATH</IndividualWithBooksNm>
        <PhoneNum>9035367103</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>20 CHAMPIONS COLONY EAST</AddressLine1Txt>
          <CityNm>HOUSTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77069</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>
        <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>PATSY MURPHY WALLRATH</PersonNm>
          <USAddress>
            <AddressLine1Txt>20 CHAMPIONS COLONY EAST</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77069</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATSY VAVRA</PersonNm>
          <USAddress>
            <AddressLine1Txt>6300 CORAL RIDGE</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77069</ZIPCd>
          </USAddress>
          <TitleTxt>OFFICER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JESS MASON</PersonNm>
          <USAddress>
            <AddressLine1Txt>1616 S VOSS</AddressLine1Txt>
            <AddressLine2Txt>SUITE 200</AddressLine2Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77057</ZIPCd>
          </USAddress>
          <TitleTxt>OFFICER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>SCHOLARSHIPS TO MEMBERS OF FFA OR 4-H FOR COLLEGE TUITION.</Description1Txt>
        <Expenses1Amt>3042</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4982107</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>137040</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5119147</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5119147</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>76787</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5042360</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>252118</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>252118</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>494</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>494</TotalTaxAmt>
        <DistributableBeforeAdjAmt>251624</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>251624</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>251624</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>649292</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>649292</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>494</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>648798</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>251624</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>787351</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>1266335</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>313673</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>960411</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>605625</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>3933395</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>649292</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>251624</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>397668</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>4331063</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>787351</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>3543712</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1266335</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>313673</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>960411</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>605625</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>397668</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ABILENE CHRISTIAN UNIVERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ACU BOX 29130</AddressLine1Txt>
            <CityNm>ABILENE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79699</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA / 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMARILLO COLLAGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 447</AddressLine1Txt>
            <CityNm>AMARILLO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79178</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA / 4-H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ANGELINA STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1768</AddressLine1Txt>
            <CityNm>LUFKIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75902</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA &amp; 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ANGELO STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2601 W AVE N</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76909</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAYLOR UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>999 S UNIVERSITY PAKRS DR</AddressLine1Txt>
            <CityNm>WACO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BLINN COLLEGE - BRENHAM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>902 COLLEGE AVE</AddressLine1Txt>
            <CityNm>BRENHAM</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77833</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>11250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CLARENDON COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 968</AddressLine1Txt>
            <CityNm>CLARENDON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79226</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COASTAL BEND COLLEGE - BEEVILLE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3800 CHARCO ROAD</AddressLine1Txt>
            <CityNm>BEEVILLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST TEXAS BAPTIST UNIVER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1209 N GROVE</AddressLine1Txt>
            <CityNm>MARSHALL</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75670</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HARDIN SIMMONS UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 16050</AddressLine1Txt>
            <CityNm>ABILENE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79698</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA &amp; 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LAMAR UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4400 MLK BLVD</AddressLine1Txt>
            <CityNm>BEAUMONT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77710</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>8750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LETOURNEAU UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 7001</AddressLine1Txt>
            <CityNm>LONEVIEW</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75607</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MCLENNAN COMMUNITY COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1400 COLLEGE DR</AddressLine1Txt>
            <CityNm>WACO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MIDWESTERN STATE UNIVERSI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3410 TAFT BLVD</AddressLine1Txt>
            <CityNm>WICHITA FALLS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76308</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHEAST TEXAS COMMUNITY COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1307</AddressLine1Txt>
            <CityNm>MOUNT PLEASANT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75456</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAM HOUSTON STATE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1903 UNIVERSITY AVE</AddressLine1Txt>
            <CityNm>HUNTSVILLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77320</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>18750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTH PLAINS COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1401 S COLLEGE AVE</AddressLine1Txt>
            <CityNm>LEVELLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79336</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>3750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTH WESTERN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1001 E UNIVERSITY AVE</AddressLine1Txt>
            <CityNm>GEORGETOWN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78626</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA &amp; 4-H SCHODARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST EDWARDS UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3001 S CONGRESS ST</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78704</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4 H - SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEPHEN F AUSTIN STATE U</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1936 NORTH ST</AddressLine1Txt>
            <CityNm>NACOGDOCHES</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75961</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TARLETON STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1333 W WASHIGTON</AddressLine1Txt>
            <CityNm>STEPHENVILLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76402</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>23750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEMPLE COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2600 SOUTH 1ST ST</AddressLine1Txt>
            <CityNm>TEMPLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76504</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A &amp; M - CORPUS CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6300 OCEAN DR</AddressLine1Txt>
            <CityNm>CORPUS CHRISTI</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78412</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A &amp; M - KINGSVILLE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>700 UNIVERSITY BVLD MSC</AddressLine1Txt>
            <CityNm>KINGSVILLE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78363</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A &amp; M UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>UNIVERSITY DR</AddressLine1Txt>
            <CityNm>COLLEGE STATION</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77843</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>275625</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M - CENTRAL TEXAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1001 LEADERSHIP PLACE</AddressLine1Txt>
            <CityNm>KILLEEN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76549</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M - COMMERCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 3011</AddressLine1Txt>
            <CityNm>COMMERCE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75429</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>6250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M - GALVESTON</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 1675</AddressLine1Txt>
            <CityNm>GALVESTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77553</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS A&amp;M - SAN ANTONIO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE UNVERSITY WAY</AddressLine1Txt>
            <CityNm>SAN ANTONIO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78224</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4H - SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS LUTHERAN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 W COURT ST</AddressLine1Txt>
            <CityNm>SEGUIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78155</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>601 UNIVERSITY DR</AddressLine1Txt>
            <CityNm>SAN MARCOS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78666</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>17500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS TECH UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2500 BROADWAY</AddressLine1Txt>
            <CityNm>LUBBOCK</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79409</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>87500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS WESLEYAN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1201 WESLEYAN ST</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76105</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS WOMAN'S UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>304 ADMINISTRATION DR</AddressLine1Txt>
            <CityNm>DENTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76204</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRINITY UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE TRINITY PLACE</AddressLine1Txt>
            <CityNm>SAN ANTONIO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78212</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRINITY VALLEY COMMUNITY COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 CARDINAL DR</AddressLine1Txt>
            <CityNm>ATHENS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75751</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF INCARNATE WORD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4301 BROADWAY</AddressLine1Txt>
            <CityNm>SAN ANTONIO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78209</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MARY HARDIN BAYLOR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>900 COLLEGE ST</AddressLine1Txt>
            <CityNm>BELTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76513</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF NORTH TEXAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 311277</AddressLine1Txt>
            <CityNm>DENTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76203</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>11250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF ST THOMAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3800 MONTROSE BVLD</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77006</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA &amp; 4-H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TEXAS - AUSTIN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 UNIVERSITY STATION 3</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>21875</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TEXAS - SAN ANTONIO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE UTSA CIRCLE</AddressLine1Txt>
            <CityNm>SAN ANTONIO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78249</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TEXAS - TYLER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3900 UNIVERSITY BVLD</AddressLine1Txt>
            <CityNm>TYLER</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75799</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>4-H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WEATHERFORD COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>225 COLLEGE PARK DR</AddressLine1Txt>
            <CityNm>WEATHERFORD</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76086</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WEST TEXAS A &amp; M UNIVERSI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>OLD MAIN STE 307</AddressLine1Txt>
            <CityNm>CANYON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79016</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>27500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WESTERN TEXAS COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6200 COLLEGE AVE</AddressLine1Txt>
            <CityNm>SNYDER</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79549</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FFA AND 4H SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>628750</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>11792</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>88944</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>491555</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>100736</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>491555</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>592291</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="RetDoc2">
      <DepreciationPropertyGrp>
        <PropertyDesc>WEBSITE</PropertyDesc>
        <AcquiredDt>2016-09-06</AcquiredDt>
        <CostOrOtherBasisAmt>10270</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7417</PriorYearDepreciationAmt>
        <LifeRt>3.0000</LifeRt>
        <CurrentYearExpenseAmt>1712</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEBSITE UPDATE</PropertyDesc>
        <AcquiredDt>2017-03-27</AcquiredDt>
        <CostOrOtherBasisAmt>10633</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6793</PriorYearDepreciationAmt>
        <LifeRt>3.0000</LifeRt>
        <CurrentYearExpenseAmt>1772</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc3">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TMI TRUST ST SALES</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>666150</GrossSalesPriceAmt>
        <BasisAmt>664446</BasisAmt>
        <TotalNetAmt>1704</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TMI TUST LT SALES</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>732257</GrossSalesPriceAmt>
        <BasisAmt>294008</BasisAmt>
        <TotalNetAmt>438249</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TMI - US TREASURY BILLS</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2018-06</SoldDt>
        <GrossSalesPriceAmt>30000</GrossSalesPriceAmt>
        <BasisAmt>29785</BasisAmt>
        <TotalNetAmt>215</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>REGIONS LT SALES</AssetDesc>
        <AcquiredDt>2014-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2018-03</SoldDt>
        <GrossSalesPriceAmt>141251</GrossSalesPriceAmt>
        <BasisAmt>89864</BasisAmt>
        <TotalNetAmt>51387</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorporateStockGrp>
        <StockNm>DOMESTIC STOCK</StockNm>
        <EOYBookValueAmt>2739366</EOYBookValueAmt>
        <EOYFMVAmt>3541815</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL STOCK</StockNm>
        <EOYBookValueAmt>1700421</EOYBookValueAmt>
        <EOYFMVAmt>1587640</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc5">
      <USGovtObligationsBookVlEOYAmt>148456</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>149858</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="RetDoc6">
      <LandEtcGrp>
        <CategoryOrItemTxt>WEBSITE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>20903</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>17694</AccumulatedDepreciationAmt>
        <BookValueAmt>3209</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>2017 WEBSITE</CategoryOrItemTxt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherDecreasesSchedule documentId="RetDoc7">
      <OtherDecreasesDetail>
        <Desc>2017 FED TAXES</Desc>
        <Amt>214</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES &amp; EXPENCE</Desc>
        <RevenueAndExpensesPerBooksAmt>322</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>49</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANQUET - 4-H</Desc>
        <RevenueAndExpensesPerBooksAmt>1557</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1557</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANQUET - FFA</Desc>
        <RevenueAndExpensesPerBooksAmt>1485</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1485</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>33312</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>33312</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc9">
      <OtherIncreasesDetail>
        <Desc>PRIOR PERIOD ADJUSTMENT</Desc>
        <Amt>122</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>214</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>5508</Amt>
        <NetInvestmentIncomeAmt>5508</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>