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          <RecipientPhoneNum>5123972001</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Go to - www.fdnweb.org/lolawright for Applicant Instructions and Grant Application Procedures &amp; Forms.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>February 28th and August 31st (semi-annual grant analysis)</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Geographical Restrictions - The organization must be located and operated primarily within a 50-mile radius of Austin, Texas.Fields of Interest:a. Children and Youthb. Public Health and Human Servicesc. Education and Community Developmentd. Arts and Culture</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>See attached Sch A</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>Various</AddressLine1Txt>
            <CityNm>Austin</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Various - see attached listing.</GrantOrContributionPurposeTxt>
          <Amt>1340147</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1340147</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>603704</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>780544</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>636365</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>Miscellaneous income</Desc>
          <RelatedOrExemptFunctionIncmAmt>7771</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2020613</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>7771</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2028384</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>Audit and tax return</CategoryTxt>
        <Amt>8775</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8775</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <InvestmentsCorporateBondsGrp>
        <BondNm>U.S. Trust - Fixed Income</BondNm>
        <EOYBookValueAmt>3905434</EOYBookValueAmt>
        <EOYFMVAmt>3866562</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>U.S. Trust - Equities/securities</StockNm>
        <EOYBookValueAmt>13424478</EOYBookValueAmt>
        <EOYFMVAmt>15793976</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="14000265" softwareVersionNum="2014v5.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Oil and Gas properties</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>197</BookValueAmt>
        <EOYFMVAmt>2087317</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>U.S. Trust - Hedge Funds</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1072758</BookValueAmt>
        <EOYFMVAmt>1051913</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>U.S. Trust - REIT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1270365</BookValueAmt>
        <EOYFMVAmt>1524501</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>U.S. Trust - Other</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>440817</BookValueAmt>
        <EOYFMVAmt>364277</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>Insurance, fees, and other</Desc>
        <RevenueAndExpensesPerBooksAmt>5182</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>5182</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherIncomeDetail>
        <Desc>Miscellaneous income</Desc>
        <RevenueAndExpensesPerBooksAmt>7771</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7771</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment advisor fees</CategoryTxt>
        <Amt>189107</Amt>
        <NetInvestmentIncomeAmt>189107</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <TaxesDetail>
        <CategoryTxt>Federal income/excise taxes</CategoryTxt>
        <Amt>18331</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Property taxes</CategoryTxt>
        <Amt>6167</Amt>
        <NetInvestmentIncomeAmt>6167</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>