﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" 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>2017-05-10T09:49:13-07:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DOROTHY MITCHELL CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 12487</AddressLine1Txt>
        <CityNm>ODESSA</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>79768</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>752625727</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Barnes Charitable Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>BARN</BusinessNameControlTxt>
      <PhoneNum>4325598033</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO Box 35228</AddressLine1Txt>
        <CityNm>Fort Worth</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>761625228</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>BOB BARNES</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>4325598033</PhoneNum>
      <SignatureDt>2017-05-09</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DOROTHY MITCHELL</PreparerPersonNm>
      <PhoneNum>4325591704</PhoneNum>
      <PreparationDt>2017-05-10</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>45.24.0.59</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-05-10</IPDt>
      <IPTm>09:49:05</IPTm>
      <IPTimezoneCd>PD</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>1AD326647156D9536AD769B0344C43407D23313F</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>1AD326647156D9536AD769B0344C43407D23313F</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>889086</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>6000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>171</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>171</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>171</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>3125</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>3125</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>3125</DividendsAdjNetIncmAmt>
        <CapGainNetIncmNetInvstIncmAmt>12147</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>12147</NetSTCapitalGainAdjNetIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="00000005" referenceDocumentName="OtherIncomeSchedule2">2578</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>2578</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>2578</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>11874</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>18021</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>18021</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt>1000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>1000</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="00000006" referenceDocumentName="TaxesSchedule">360</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>360</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="00000004" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">90</OtherExpensesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>1450</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1360</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>32900</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>32900</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>34350</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>34260</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-22476</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>18021</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>18021</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>321742</CashBOYAmt>
        <CashEOYAmt>293787</CashEOYAmt>
        <CashEOYFMVAmt>293787</CashEOYFMVAmt>
        <PrepaidExpensesBOYAmt>2185</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>1825</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>1825</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>411723</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="00000003" referenceDocumentName="InvestmentsCorpStockSchedule">417562</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>593474</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>735650</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>713174</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>889086</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>1000</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>1000</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>734650</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>712174</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>735650</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>713174</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>735650</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>713174</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>735650</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-22476</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>713174</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>713174</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Proshares Trust II Ultra Bloomberg Crude Oil</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-15</AcquiredDt>
          <SoldDt>2016-10-10</SoldDt>
          <GrossSalesPriceAmt>11714</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>8056</CostOrOtherBasisAmt>
          <GainOrLossAmt>3658</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>3658</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Proshares Ultra Bloomberg K-1 Pass Thru</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-15</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>6227</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>0</CostOrOtherBasisAmt>
          <GainOrLossAmt>6227</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>6227</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Proshares Ultra Bloomberg K-1 Pass Thru</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-15</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>2262</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>0</CostOrOtherBasisAmt>
          <GainOrLossAmt>2262</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>2262</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>12147</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>12147</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>24797</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>764811</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.032422</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>28190</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>651675</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.043258</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>34425</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>646152</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.053277</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>34075</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>540659</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.063025</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>27200</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>419205</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.064885</DistributionYr5Rt>
        <TotalDistributionRt>0.256867</TotalDistributionRt>
        <AverageDistributionRt>0.051373</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>878422</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>45127</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>180</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>45307</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>34260</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>360</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>360</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>360</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2185</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>2185</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-2185</OriginalReturnOverpaymentAmt>
        <OverpaymentAmt>1825</OverpaymentAmt>
        <AppliedToESTaxAmt>1825</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</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>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>BOB BARNES</IndividualWithBooksNm>
        <PhoneNum>5129636737</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO Box 35228</AddressLine1Txt>
          <CityNm>Fort Worth</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>761625228</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BOB BARNES</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 35228</AddressLine1Txt>
            <CityNm>Fort Worth</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>761625228</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EARLENE BARNES</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 35228</AddressLine1Txt>
            <CityNm>Fort Worth</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>761625228</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOROTHY MITCHELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 12794</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79768</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>585387</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>306412</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>891799</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>891799</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>13377</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>878422</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>43921</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>43921</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>360</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>360</TotalTaxAmt>
        <DistributableBeforeAdjAmt>43561</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>43561</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>43561</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>34260</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>34260</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>34260</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>43561</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>3372</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>7226</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>2232</ExcessDistributionCyovYr3Amt>
        <TotalExcessDistributionCyovAmt>12830</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>34260</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>34260</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>9301</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>9301</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>3529</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>3529</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>1297</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>2232</ExcessFromYear3Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>BOB BARNES</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Juvenille Diabetes Reserch Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8700 Crownhill Blvd 407</AddressLine1Txt>
            <CityNm>San Antonio</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78209</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>13100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>First Baptist Church of Fort Worth</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5001 NE Loop 820</AddressLine1Txt>
            <CityNm>Fort Worth</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76137</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Meals On Wheels</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1314 E 5th St</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79761</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Pink the Basin</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 62122</AddressLine1Txt>
            <CityNm>Midland</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79711</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Permian Basin Rehabilitation Center</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>620 N Alleghaney</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79761</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>American Heart Association</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 841125</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>752841125</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Trinity Baptist Church</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 1448</AddressLine1Txt>
            <CityNm>Big Spring</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79720</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>High Sky Girls Ranch</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8613 W county Road 60</AddressLine1Txt>
            <CityNm>Midland</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79707</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Antioch Christian Church</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4040 Maple</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79762</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The Permian Playhouse</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>310 W 42nd St</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79764</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Permian Basin Youth Football League</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4101 E 42nd St</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79762</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>2800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Regan Elementary ECISD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>802 N Sam Houston</AddressLine1Txt>
            <CityNm>Odessa</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79761</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Budget</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>32900</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>171</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3125</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2578</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>12147</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>18021</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>18021</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="00000002">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>TVRC Inc</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>PO Box 35228</AddressLine1Txt>
          <CityNm>Fort Worth</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76162</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>6000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <InvestmentsCorpStockSchedule documentId="00000003">
      <InvestmentsCorporateStockGrp>
        <StockNm>Duke Energy Corp 333 Shares</StockNm>
        <EOYBookValueAmt>14154</EOYBookValueAmt>
        <EOYFMVAmt>25848</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Facebook Incorporated Class A 1,000 shares</StockNm>
        <EOYBookValueAmt>20924</EOYBookValueAmt>
        <EOYFMVAmt>115050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Annaly Cap Mgmt 1,000 shares</StockNm>
        <EOYBookValueAmt>15847</EOYBookValueAmt>
        <EOYFMVAmt>9970</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Allianzgi NFJ Divid Int &amp; Prem 1003 Shares</StockNm>
        <EOYBookValueAmt>6229</EOYBookValueAmt>
        <EOYFMVAmt>12648</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Vanguard index FDS MCap</StockNm>
        <EOYBookValueAmt>43248</EOYBookValueAmt>
        <EOYFMVAmt>105670</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPS ETF Trust Alerian MLP ETF</StockNm>
        <EOYBookValueAmt>9846</EOYBookValueAmt>
        <EOYFMVAmt>12600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Proshares Trust II Ultra Bloomberg Crude Oil</StockNm>
        <EOYBookValueAmt>18986</EOYBookValueAmt>
        <EOYFMVAmt>23360</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Raymond James Deposit Program</StockNm>
        <EOYBookValueAmt>288328</EOYBookValueAmt>
        <EOYFMVAmt>288328</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="00000004">
      <OtherExpensesScheduleGrp>
        <Desc>Portfolio Deduction</Desc>
        <RevenueAndExpensesPerBooksAmt>90</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000005">
      <OtherIncomeDetail>
        <Desc>Capital Gains Distribution</Desc>
        <RevenueAndExpensesPerBooksAmt>61</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>61</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>61</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Non Dividend Distribution</Desc>
        <RevenueAndExpensesPerBooksAmt>2217</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2217</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2217</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Deferred Income</Desc>
        <RevenueAndExpensesPerBooksAmt>300</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>300</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="00000006">
      <TaxesDetail>
        <CategoryTxt>Excise Tax 2016</CategoryTxt>
        <Amt>360</Amt>
        <DisbursementsCharitablePrpsAmt>360</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>