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    <ReturnTs>2025-10-28T16:32:37-04:00</ReturnTs>
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      <BusinessName>
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      </BusinessName>
      <InCareOfNm>% Kimberley M Quintana</InCareOfNm>
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      <PhoneNum>5047669870</PhoneNum>
      <USAddress>
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        <CityNm>New Orleans</CityNm>
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      </USAddress>
    </Filer>
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      <PersonNm>KIMBERLEY M QUINTANA</PersonNm>
      <PersonTitleTxt>Treasurer Asst Secretar</PersonTitleTxt>
      <PhoneNum>5047669870</PhoneNum>
      <SignatureDt>2025-10-27</SignatureDt>
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        <NetInvestmentIncomeAmt>3431540</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
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        <SavAndTempCashInvstEOYFMVAmt>1866360</SavAndTempCashInvstEOYFMVAmt>
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        <USGovtObligationsEOYFMVAmt>6922139</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>78370424</CorporateStockBOYAmt>
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        <CorporateStockEOYFMVAmt>109260941</CorporateStockEOYFMVAmt>
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        <LandBldgEquipAccumDeprecAmt>41563</LandBldgEquipAccumDeprecAmt>
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        <TotalLiabilitiesNetAstBOYAmt>104988637</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>101153699</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
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        <TotNetAstOrFundBalancesEOYAmt>101044880</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See Statement Part IV</PropertyDesc>
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      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
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        <AppliedToESTaxAmt>22030</AppliedToESTaxAmt>
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        <OrgReportOrRegisterStateCd>LA</OrgReportOrRegisterStateCd>
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        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>www.zemurray.org</WebsiteAddressTxt>
        <IndividualWithBooksNm>KIMBERLEY M QUINTANA</IndividualWithBooksNm>
        <PhoneNum>5047669870</PhoneNum>
        <LocationOfBooksUSAddress>
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          <CityNm>New Orleans</CityNm>
          <StateAbbreviationCd>LA</StateAbbreviationCd>
          <ZIPCd>70115</ZIPCd>
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        <OfficerDirTrstKeyEmplGrp>
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          <PersonNm>Stephanie Stone</PersonNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Alison Stone</PersonNm>
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        <OfficerDirTrstKeyEmplGrp>
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            <CityNm>New Orleans</CityNm>
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          <TitleTxt>Treas Asst Secretary</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Ludovico Feoli</PersonNm>
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            <ZIPCd>70115</ZIPCd>
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          <PersonNm>Tatiana C Jurzak</PersonNm>
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          <RecipientPersonNm>Audubon Natute Institute</RecipientPersonNm>
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        <GrantOrContributionPdDurYrGrp>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Contextos NFP</RecipientPersonNm>
          <RecipientUSAddress>
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            <CityNm>Chicago</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Civil Society</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Environmental Defense Fund</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1875 Connecticut Ave NW Suite 600</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20009</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Environment</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Greater New Orleans Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>525 St Charles Ave Suite 400</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropy</GrantOrContributionPurposeTxt>
          <Amt>465000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The Idea Village</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>900 Camp St Suite 308</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Entrepreneurship</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>City Park Conservancy</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 Palm Drive</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>27500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Orleans Hispanic Heritage Found</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>201 St Charles Ave Suite 114- 106</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70170</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>New Orleans Museum of Art</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>Post Office Box 19123</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70179</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Arts &amp; Culture</GrantOrContributionPurposeTxt>
          <Amt>21000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Pro Bono Publico Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 531024</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70153</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropic</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Salvadoran American Humanitarian Fu</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>75 Valencia Ave Ste 710</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33134</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropic</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Samuel Z Stone CIPR Trust</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>co Tulane Univ 6823 St Charles Av</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>1500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Tulane University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6823 St Charles Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1275000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Youth Empowerment Project</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1300 Oretha Castle Haley Blvd</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70113</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Zamorano Pan-Am Agricultural Schoo</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1701 Pennsylvania Ave NW Ste 300</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>450000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Deep South Today</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>750 Woodlands Parkway Suite 100</AddressLine1Txt>
            <CityNm>Ridgeland</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Civil Society</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Youth Run Nola</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4035 Washington Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>St Augustine High School</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2600 AP Tureaud Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>STEM Library Lab</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3011 N I-10 Service Rd E</AddressLine1Txt>
            <CityNm>Metairie</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70002</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Propeller</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4035 Washington Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Entreprenuership</GrantOrContributionPurposeTxt>
          <Amt>83333</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Louisiana Endowment for the Humanit</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>938 Lafayette St Suite 300</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70113</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Arts and Culture</GrantOrContributionPurposeTxt>
          <Amt>33333</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Louisiana Childrens Museum</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>15 Henry Thomas Dr</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>National Center for Family Philanth</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1667 K Street NW Suite 350</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NO Police and Justice Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>141 Allen Toussaint Blvd Ste 210</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Criminal Justice</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Childrens Hospital</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>200 Henry Clay Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Health</GrantOrContributionPurposeTxt>
          <Amt>1000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Ducks Unlimited SE LA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>One Water Fowl Way</AddressLine1Txt>
            <CityNm>Memphis</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38120</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Environment</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Greater NO Development Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1100 Poydras St Ste 3475</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70163</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Civil Society</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Junior Achievement</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5100 Orleans Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70124</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Live Oak Wilderness Camp</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1240 Moss St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NO Family Justice Alliance</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>701 Loyola Ave 201</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70113</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Services</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Silence is Violence</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2000 Lakeshore Drive</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70148</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Services</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Touro Synagogue</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4238 St Charles Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Civil Society</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Loyola University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6363 St Charles Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>6994166</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Audubon Nature Institute Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6500 Magazine St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>5000000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Bureau of Governmental Research</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1055 St Charles Ave Suite 200</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Civil Society</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Greater New Orleans Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>525 St Charles Ave Suite 400</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropy</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Salvadoran American Humanitarian Fu</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>75 Valencia Ave Ste 710</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33134</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Philanthropic</GrantOrContributionPurposeTxt>
          <Amt>299000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Tulane University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6823 St Charles Ave</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>5000000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Zamorano Pan-Am Agricultural Schoo</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1701 Pennsylvania Ave NW Ste 300</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>260000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Silence is Violence</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2000 Lakeshore Drive</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70148</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Services</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Bayou District Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>320 Julia St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Social Services</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Ecole Bilingue de la Nouvelle Orlea</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>821 Gen Pershing</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Harry Tompson Center</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>130 Baronne St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Health</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Kid smART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2533 Columbus St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Libertys Kitchen</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>300 N Broad St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Max McGraw Wildlife Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 9</AddressLine1Txt>
            <CityNm>Dundee</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Conservation</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>NonProfit Knowledge Works Inc</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1100 Poydras St Suite 1220</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70163</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Research</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Second Line Arts Collective</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4313 Lake Trail Dr</AddressLine1Txt>
            <CityNm>Kenner</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70065</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Start the Adventure in Reading</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1545 State St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70118</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>The Roots of Music</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1020 N Prieur St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientPersonNm>Upturn Arts</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 751033</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70175</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Youth</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>11454000</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>36900</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2767019</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1608574</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>4412493</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>4412493</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSchedule">
      <DepreciationPropertyGrp>
        <PropertyDesc>Conference Room Furniture</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>26319</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>16919</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>3760</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1880</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Office Furniture</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>7747</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4981</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1107</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>553</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Coat Rack</PropertyDesc>
        <AcquiredDt>2019-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>556</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>356</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>79</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>39</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Macbook Pro Laptop</PropertyDesc>
        <AcquiredDt>2019-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>1877</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1688</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>189</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>94</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Mac Pro desktop</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>1422</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1278</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>144</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>72</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HP Pavillion Laptop</PropertyDesc>
        <AcquiredDt>2019-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>547</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>491</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>56</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>28</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Carpet</PropertyDesc>
        <AcquiredDt>2019-09-15</AcquiredDt>
        <CostOrOtherBasisAmt>6841</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4319</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>10</LifeRt>
        <CurrentYearExpenseAmt>504</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>252</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Window Treatments</PropertyDesc>
        <AcquiredDt>2019-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>2747</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1734</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>10</LifeRt>
        <CurrentYearExpenseAmt>202</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>101</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Leasehold Improvements</PropertyDesc>
        <AcquiredDt>2019-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>12218</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2749</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20</LifeRt>
        <CurrentYearExpenseAmt>611</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>305</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Leasehold Improvements</PropertyDesc>
        <AcquiredDt>2019-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>1445</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>324</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>20</LifeRt>
        <CurrentYearExpenseAmt>72</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>36</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Villere &amp; Co</BondNm>
        <EOYBookValueAmt>9063978</EOYBookValueAmt>
        <EOYFMVAmt>9155504</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GS Main Advisory</BondNm>
        <EOYBookValueAmt>4430809</EOYBookValueAmt>
        <EOYFMVAmt>4584907</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GS Corp FI ESG</BondNm>
        <EOYBookValueAmt>3271207</EOYBookValueAmt>
        <EOYFMVAmt>3184631</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>rounding</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>1</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule">
      <InvestmentsCorporateStockGrp>
        <StockNm>Villere &amp; Co</StockNm>
        <EOYBookValueAmt>42803579</EOYBookValueAmt>
        <EOYFMVAmt>60968324</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS Main Advisory</StockNm>
        <EOYBookValueAmt>32530945</EOYBookValueAmt>
        <EOYFMVAmt>48292617</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligations-001">
      <USGovtObligationsBookVlEOYAmt>3282138</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>3209519</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligations-002">
      <USGovtObligationsBookVlEOYAmt>3712620</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>3712620</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="LandEtcSchedule2">
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>57873</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>37717</AccumulatedDepreciationAmt>
        <BookValueAmt>20156</BookValueAmt>
        <EOYFMVAmt>26000</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3847</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3846</AccumulatedDepreciationAmt>
        <BookValueAmt>1</BookValueAmt>
        <EOYFMVAmt>800</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule">
      <OtherAssetsScheduleGrp>
        <Desc>Accrued Income receivable</Desc>
        <BOYBookValueAmt>119753</BOYBookValueAmt>
        <EOYBookValueAmt>106362</EOYBookValueAmt>
        <EOYFMVAmt>106362</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Deposits</Desc>
        <BOYBookValueAmt>2150</BOYBookValueAmt>
        <EOYBookValueAmt>2150</EOYBookValueAmt>
        <EOYFMVAmt>2150</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Office Artwork</Desc>
        <BOYBookValueAmt>31544</BOYBookValueAmt>
        <EOYBookValueAmt>31544</EOYBookValueAmt>
        <EOYFMVAmt>35000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Rounding</Desc>
        <BOYBookValueAmt>-1</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Service Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>236</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>236</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Cleaning and Maintenance</Desc>
        <RevenueAndExpensesPerBooksAmt>500</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>250</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>250</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>10011</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5005</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5006</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous</Desc>
        <RevenueAndExpensesPerBooksAmt>1263</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>631</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>632</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>325</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>162</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>163</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage</Desc>
        <RevenueAndExpensesPerBooksAmt>82</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>41</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>41</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Security</Desc>
        <RevenueAndExpensesPerBooksAmt>1210</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>605</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>605</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Software</Desc>
        <RevenueAndExpensesPerBooksAmt>4970</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2485</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2485</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Utilities</Desc>
        <RevenueAndExpensesPerBooksAmt>6657</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3328</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3329</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment Management Fees</CategoryTxt>
        <Amt>734974</Amt>
        <NetInvestmentIncomeAmt>734974</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>Excise Tax on investment inc</CategoryTxt>
        <Amt>47698</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Foreign tax on dividend income</CategoryTxt>
        <Amt>8938</Amt>
        <NetInvestmentIncomeAmt>8938</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>22235</Amt>
        <NetInvestmentIncomeAmt>11117</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11118</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Secretary of State</CategoryTxt>
        <Amt>10</Amt>
        <NetInvestmentIncomeAmt>5</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>