﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2015v3.0" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-03-22T18:27:15+00:00</ReturnTs>
    <TaxPeriodEndDt>2016-10-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>261508234</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>LMGW CERTIFIED PUBLIC ACCOUNTANTS LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1475 SARATOGA AVE STE 100</AddressLine1Txt>
        <CityNm>SAN JOSE</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>951294951</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-11-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>770472013</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>NEWBERRY FAMILY CHARITABLE FOUNDATI</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>NEWB</BusinessNameControlTxt>
      <PhoneNum>5105724595</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 1630</AddressLine1Txt>
        <CityNm>LIVINGSTON</CityNm>
        <StateAbbreviationCd>MT</StateAbbreviationCd>
        <ZIPCd>590474700</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>STEPHEN G NEWBERRY</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>4084468300</PhoneNum>
      <SignatureDt>2017-02-20</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MATTHEW O WHEELER CPA</PreparerPersonNm>
      <PTIN>P00759706</PTIN>
      <PhoneNum>4082521800</PhoneNum>
      <PreparationDt>2017-02-20</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>999950</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>16</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>16</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>22247</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>22247</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-14093</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>319679</GrossSalesPriceAmt>
        <TotalRevAndExpnssAmt>8170</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>22263</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>45000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>21600</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>23400</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">7850</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>7850</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc8">231</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>196</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>35</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">7061</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>6531</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>530</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>60142</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>28327</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>31815</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>43000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>43000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>103142</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>28327</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>74815</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-94972</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>71141</CashBOYAmt>
        <CashEOYAmt>99624</CashEOYAmt>
        <CashEOYFMVAmt>99624</CashEOYFMVAmt>
        <CorporateStockBOYAmt>590632</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">466743</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>466743</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>406360</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">433583</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>433583</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1068133</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>999950</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>999950</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc7">1800</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesEOYAmt>1800</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>1068133</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>998150</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1068133</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>998150</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1068133</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>999950</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1068133</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-94972</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc6">24989</OtherIncreasesAmt>
        <SubtotalAmt>998150</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>998150</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6528</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-13</AcquiredDt>
          <SoldDt>2016-01-04</SoldDt>
          <GrossSalesPriceAmt>17392</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24983</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7591</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7591</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6544</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-10-17</AcquiredDt>
          <SoldDt>2016-10-24</SoldDt>
          <GrossSalesPriceAmt>15579</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17639</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2060</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2060</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6544</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-13</AcquiredDt>
          <SoldDt>2016-10-24</SoldDt>
          <GrossSalesPriceAmt>22674</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19998</CostOrOtherBasisAmt>
          <GainOrLossAmt>2676</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2676</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6544</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-13</AcquiredDt>
          <SoldDt>2016-10-24</SoldDt>
          <GrossSalesPriceAmt>9434</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9912</CostOrOtherBasisAmt>
          <GainOrLossAmt>-478</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-478</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6536</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-12-16</AcquiredDt>
          <SoldDt>2016-06-16</SoldDt>
          <GrossSalesPriceAmt>12388</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12385</CostOrOtherBasisAmt>
          <GainOrLossAmt>3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6528</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-10-08</AcquiredDt>
          <SoldDt>2016-10-06</SoldDt>
          <GrossSalesPriceAmt>11</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9</CostOrOtherBasisAmt>
          <GainOrLossAmt>2</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6544</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-08-14</AcquiredDt>
          <SoldDt>2016-01-04</SoldDt>
          <GrossSalesPriceAmt>6343</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8846</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2503</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2503</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FRB 6536</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-14</AcquiredDt>
          <SoldDt>2016-06-16</SoldDt>
          <GrossSalesPriceAmt>225627</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>240000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-14373</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-14373</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-14093</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-7450</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>80359</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1712074</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.046937</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>44816</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1111165</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.040332</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>70020</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1056439</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.066279</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>40458</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1035707</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.039063</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>77110</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1132860</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.068067</DistributionYr5Rt>
        <TotalDistributionRt>0.260678</TotalDistributionRt>
        <AverageDistributionRt>0.052136</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1574579</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>82092</AdjNetVlNoncharitableAssetsAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>82092</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>74815</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>0</InvestmentIncomeExciseTaxAmt>
      </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>CA</OrgReportOrRegisterStateCd>
        <OrgReportOrRegisterStateCd>MT</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>NEWBERRY FAMILY CHARITABLE FOUNDATI</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>4088673011</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO BOX 1630</AddressLine1Txt>
          <CityNm>LIVINGSTON</CityNm>
          <StateAbbreviationCd>MT</StateAbbreviationCd>
          <ZIPCd>590474700</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>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>STEPHEN G NEWBERRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>107 ELBOW CREEK ROAD</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>4.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHELLEY A NEWBERRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>107 ELBOW CREEK ROAD</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>4.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>15000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RYAN S NEWBERRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>107 ELBOW CREEK ROAD</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SCOTT M NEWBERRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>107 ELBOW CREEK ROAD</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>10000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1550307</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>48250</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1598557</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1598557</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>23978</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1574579</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>78729</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>78729</MinimumInvestmentReturnAmt>
        <DistributableBeforeAdjAmt>78729</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>78729</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>78729</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>74815</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>74815</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>74815</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>78729</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>21112</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>11327</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>17198</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>10377</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>5058</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>65072</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>74815</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>74815</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>3914</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>3914</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>61158</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>17198</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>43960</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>11327</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>17198</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>10377</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>5058</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RED ANGUS ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4201 N INTERSTATE 35</AddressLine1Txt>
            <CityNm>DENTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>762073415</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAMS TO ADVANCE FOOD QUALITY</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INTREPID FALLEN HEROES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 INTREPID SQUARE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ASSIST INJURED SERVICE PERSONNEL</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOZEMAN DEACONESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>931 HIGHLAND BLVD 3200</AddressLine1Txt>
            <CityNm>BOZEMAN</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEDICAL EQUIPMENT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PARK COUNTY COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2199</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - COMMUNITY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LIVINGSTON YOUTH SOCCER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 556</AddressLine1Txt>
            <CityNm>LIVINGSTON</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59047</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>NORTHSIDE PARK SOCCER PROJECT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARROWHEAD SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1489 EAST RIVER RD</AddressLine1Txt>
            <CityNm>PRAY</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59065</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ADOPT A STUDENT PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GALLATIN ICE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 541</AddressLine1Txt>
            <CityNm>BOZEMAN</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59771</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>COMMUNITY BENEFIT - ICE RINK</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WARRIORS &amp; QUIET WATERS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1087 STONERIDGE DR 1</AddressLine1Txt>
            <CityNm>BOZEMAN</CityNm>
            <StateAbbreviationCd>MT</StateAbbreviationCd>
            <ZIPCd>59718</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>REINTEGRATE VETERANS INTO SOCIETY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RED ANGUS ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4201 N INTERSTATE 35</AddressLine1Txt>
            <CityNm>DENTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>762073415</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PROGRAMS TO ADVANCE FOOD QUALITY</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>43000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>16</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>22247</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-14093</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>8170</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>8170</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <Amt>7850</Amt>
        <DisbursementsCharitablePrpsAmt>7850</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>466743</EOYBookValueAmt>
        <EOYFMVAmt>466743</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OTHER INVESTMENTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>433583</BookValueAmt>
        <EOYFMVAmt>433583</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT ADVISORY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>6531</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6531</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PO BOX</Desc>
        <RevenueAndExpensesPerBooksAmt>530</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>530</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc6">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAINS/LOSSES</Desc>
        <Amt>24990</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>-1</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc7">
      <OtherLiabilitiesDetail>
        <Desc>PAYABLE TO STEVEN NEWBERRY</Desc>
        <EOYBookValueAmt>1800</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <TaxesDetail>
        <CategoryTxt>STATE TAXES</CategoryTxt>
        <Amt>10</Amt>
        <DisbursementsCharitablePrpsAmt>10</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>US TREASURY</CategoryTxt>
        <Amt>196</Amt>
        <NetInvestmentIncomeAmt>196</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>AG'S OFFICE</CategoryTxt>
        <Amt>25</Amt>
        <DisbursementsCharitablePrpsAmt>25</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>