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<Return returnVersion="2015v3.0" xsi:schemaLocation="http://www.irs.gov/efile" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-03-15T06:26:36-07:00</ReturnTs>
    <TaxPeriodEndDt>2016-10-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Mostert Manzanero &amp; Scott LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4 Associate Dr</AddressLine1Txt>
        <CityNm>Oneonta</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>13820</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-11-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>166169167</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE PHILIP E POTTER FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>PHIL</BusinessNameControlTxt>
      <PhoneNum>6074326724</PhoneNum>
      <USAddress>
        <AddressLine1Txt>6 FORD AVENUE</AddressLine1Txt>
        <CityNm>ONEONTA</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>13820</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ANNE T WOLEK</PersonNm>
      <PersonTitleTxt>Foundation Mgr.</PersonTitleTxt>
      <SignatureDt>2017-03-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DEBORAH L MOSTERT</PreparerPersonNm>
      <PTIN>P01213266</PTIN>
      <PhoneNum>6074328700</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>11672253</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
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        <InterestOnSavNetInvstIncmAmt>309</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>309</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>400800</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>400800</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>400800</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>20782</NetGainSaleAstRevAndExpnssAmt>
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        <CapGainNetIncmNetInvstIncmAmt>20782</CapGainNetIncmNetInvstIncmAmt>
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        <OtherIncomeAdjNetIncmAmt>454</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>422345</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>422345</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>401563</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>65000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>65000</CompOfcrDirTrstNetInvstIncmAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>69029</OthEmplSlrsWgsRevAndExpnssAmt>
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        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">1600</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1600</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>800</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">11000</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>11000</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">9603</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">19187</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>19187</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>420</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>175419</TotOprExpensesRevAndExpnssAmt>
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        <TotOprExpensesDsbrsChrtblAmt>35734</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>430000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>430000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>605419</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>165816</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>465734</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-183074</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>256529</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>401563</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>189309</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>286766</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>286766</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesBOYAmt>6329</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>10000</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>10000</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>6172768</CorporateStockBOYAmt>
        <CorporateStockEOYAmt>5938749</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>11316269</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>53018</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt>53018</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>59218</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>49058</OtherInvestmentsBOYAmt>
        <TotalAssetsBOYAmt>6470482</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6288533</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>11672253</TotalAssetsEOYFMVAmt>
        <GrantsPayableBOYAmt>214000</GrantsPayableBOYAmt>
        <GrantsPayableEOYAmt>213625</GrantsPayableEOYAmt>
        <TotalLiabilitiesBOYAmt>214000</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>213625</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>6256482</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>6074908</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>6256482</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6074908</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>6470482</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6288533</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>6256482</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-183074</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">1500</OtherIncreasesAmt>
        <SubtotalAmt>6074908</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>6074908</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>1998-01-16</AcquiredDt>
          <SoldDt>2016-11-30</SoldDt>
          <GrossSalesPriceAmt>492852</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>472070</CostOrOtherBasisAmt>
          <GainOrLossAmt>20782</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>20782</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>20782</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>466905</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>11557268</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.04040</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>400562</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>11799331</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.03395</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>502260</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>10700267</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.04694</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>443660</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>9683868</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.04581</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>466251</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>9162165</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.05089</DistributionYr5Rt>
        <TotalDistributionRt>0.217989</TotalDistributionRt>
        <AverageDistributionRt>0.043598</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>11287438</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>492110</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>2565</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>494675</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>465734</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>5131</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>5131</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>5131</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>10000</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>10000</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>4869</OverpaymentAmt>
        <AppliedToESTaxAmt>4869</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <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>FOUNDATION</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6074326724</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>6 FORD AVENUE</AddressLine1Txt>
          <CityNm>ONEONTA</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>13820</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MAUREEN P HULBERT</PersonNm>
          <USAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>13000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT W MOYER</PersonNm>
          <USAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>13000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANNE T WOLEK</PersonNm>
          <USAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </USAddress>
          <TitleTxt>Foundation Mgr.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>24000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SUE ANNE DE BERGH</PersonNm>
          <USAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>13000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SALLY ANNE DUNLEAVY</PersonNm>
          <USAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
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          <CompensationAmt>13000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>11221399</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>237929</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
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        <NetVlNoncharitableAssetsAmt>11287438</NetVlNoncharitableAssetsAmt>
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      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
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        <QualifyingDistributionsAmt>465734</QualifyingDistributionsAmt>
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        <AppliedToYear1Amt>14261</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>451473</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>107768</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ANNE T WOLEK MANAGING TRUSTEE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6074326724</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>STANDARD APPLICATION FORM AVAILABLE AT AREA HIGH SCHOOL &amp; THE FOUNDATION OFFICE SETTING FORTH NEED, FINANCIAL, HIGH SCHOOL EVAL. &amp; COLLEGE</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MAY 1</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>SCHOLARSHIPS AWARDED PRIMARILY TO ONEONTA HIGH SCHOOL GRADUATES, ONEONTA, NY 13820</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DETAIL LIST ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O 6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EDUCATION</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>430000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>430000</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>DETAIL LIST ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O 6 FORD AVE</AddressLine1Txt>
            <CityNm>ONEONTA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13820</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>213625</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>213625</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>1</ExclusionCd>
          <ExclusionAmt>309</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>1</ExclusionCd>
          <ExclusionAmt>400800</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>20782</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ANNALLY - CASH IN LIEU</Desc>
          <RelatedOrExemptFunctionIncmAmt>5</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>BROOKFIELD INF RET CAPITA</Desc>
          <RelatedOrExemptFunctionIncmAmt>45</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>BROOKFIELD INFR RET CAP</Desc>
          <RelatedOrExemptFunctionIncmAmt>404</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>421891</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>454</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>422345</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>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCTING FEES</CategoryTxt>
        <Amt>1600</Amt>
        <NetInvestmentIncomeAmt>1600</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>800</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherExpensesScheduleGrp>
        <Desc>COMM BANK - MISC FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>8</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>8</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMMUNITY BANK IM FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>6634</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6634</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ISD - COMPUTER MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1324</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1324</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MORGAN STANLEY NESTLES FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>20</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MORGAN STANLEY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>5279</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5279</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MORGAN STANLEY NATL AUSTRALIA FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>140</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>140</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NATL BENEFIT LIFE - DSB INS</Desc>
        <RevenueAndExpensesPerBooksAmt>80</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>80</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>80</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NYS DEPT OF STATE</Desc>
        <RevenueAndExpensesPerBooksAmt>750</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>750</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NYSUI</Desc>
        <RevenueAndExpensesPerBooksAmt>340</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>340</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>340</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>545</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>545</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PHILIDELPHIA INS - LIABILITY INS</Desc>
        <RevenueAndExpensesPerBooksAmt>1408</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1408</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>644</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>644</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STATE INS WORKERS COMP INS</Desc>
        <RevenueAndExpensesPerBooksAmt>459</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>459</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>1556</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1556</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherIncomeDetail>
        <Desc>ANNALLY - CASH IN LIEU</Desc>
        <RevenueAndExpensesPerBooksAmt>5</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>5</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>BROOKFIELD INF RET CAPITA</Desc>
        <RevenueAndExpensesPerBooksAmt>45</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>45</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>45</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>BROOKFIELD INFR RET CAP</Desc>
        <RevenueAndExpensesPerBooksAmt>404</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>404</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>404</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherIncreasesDetail>
        <Desc>voided checks</Desc>
        <Amt>1500</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherProfessionalFeesDetail>
        <Amt>11000</Amt>
        <NetInvestmentIncomeAmt>11000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <TaxesDetail>
        <Amt>9603</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>