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          <USAddress>
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      <TotLiabNetAssetsFundBalanceGrp>
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      <ReconcilationRevenueExpnssAmt>10916130</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <DepreciationAmt>9375</DepreciationAmt>
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          <BusinessNameLine1Txt>KIPP ACADEMY</BusinessNameLine1Txt>
        </RecipientBusinessName>
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          <AddressLine1Txt>10711 KIPP WAY</AddressLine1Txt>
          <CityNm>HOUSTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77099</ZIPCd>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>COMMUNITIES FOUNDATION OF TEXAS LLC</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>DBA EDUCATE TEXAS</BusinessNameLine2Txt>
        </RecipientBusinessName>
        <USAddress>
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          <CityNm>DALLAS</CityNm>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>SOCORRO ISD</BusinessNameLine1Txt>
        </RecipientBusinessName>
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          <AddressLine1Txt>12440 ROJAS DRIVE</AddressLine1Txt>
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          <StateAbbreviationCd>TX</StateAbbreviationCd>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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      <RecipientTable>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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      <RecipientTable>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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      <RecipientTable>
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          <BusinessNameLine1Txt>EDUMOBILE INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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          <BusinessNameLine1Txt>CANUTILLO ISD</BusinessNameLine1Txt>
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          <StateAbbreviationCd>TX</StateAbbreviationCd>
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        <PurposeOfGrantTxt>SEE ATCH STMT</PurposeOfGrantTxt>
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          <BusinessName>
            <BusinessNameLine1Txt>AMY O'ROURKE</BusinessNameLine1Txt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO FACILITATE THE FORMATION AND DEVELOPMENT OF A STRATEGICALLY SUSTAINABLE HIGHLY SKILLED REGIONAL WORKFORCE WITH EMPLASIS ON HISPANIC DEMOGRAPHIC AND ECONOMY CAPABLE OF MEETING MARKET DEMAND AND COMPETITION FOR THE GREATER PASO DEL NORTE REGION IN SOUTHWEST TEXAS, SOUTHERN NEW MEXICO, AND THE ADJACENT INTERNATIONAL BOUNDARY WITH MEXICO.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 1, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMEBERS VOLUNTEER THEIR TIME FOR BOARD ACTIVITIES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>NO REVIEW WAS OR WILL BE CONDUCTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>UPON REQUEST, GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
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        <ExplanationTxt>RESEARCH AND CONSULTING 0 410,287 0</ExplanationTxt>
      </SupplementalInformationDetail>
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</Return>