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    <ReturnTs>2015-11-13T11:44:00-08:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
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        <BusinessNameLine1Txt>Dinowitz &amp; Bove CPAs</BusinessNameLine1Txt>
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        <CityNm>New York</CityNm>
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      <PhoneNum>5189624762</PhoneNum>
      <USAddress>
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        <CityNm>ESSEX</CityNm>
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      <SignatureDt>2015-11-13</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
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    <PreparerPersonGrp>
      <PreparerPersonNm>JAY DINOWITZ</PreparerPersonNm>
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      <PhoneNum>2129730935</PhoneNum>
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        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
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        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>JAMES PHILLIPS</BusinessNameLine1Txt>
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          <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <PersonNm>JAMES PHILIPS</PersonNm>
          <USAddress>
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            <CityNm>ESSEX</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
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          <TitleTxt>PRESIDENT</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN DAVIS</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EDDY FDN 622 LAKE SHORE RD</AddressLine1Txt>
            <CityNm>ESSEX</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
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          <TitleTxt>Vice President</TitleTxt>
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          <CompensationAmt>0</CompensationAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHRIS MARON</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EDDY FDN 622 LAKE SHORE RD</AddressLine1Txt>
            <CityNm>ESSEX</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER ESSER</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EDDY FDN 622 LAKE SHORE RD</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
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          <TitleTxt>Secretary</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOAN MALOOF</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O EDDY FDN 622 LAKE SHORE RD</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
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          <TitleTxt>BOARD MEMBER</TitleTxt>
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          <CompensationAmt>0</CompensationAmt>
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        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
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        <ExcessDistriCyovToNextYrAmt>235062</ExcessDistriCyovToNextYrAmt>
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      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>JAMES PHILLIPS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6 LEANING ROAD</AddressLine1Txt>
            <CityNm>ESSEX</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5189622795</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>ALL APPLICATIONS SHOULD BE SUBMITTED IN WRITING AND SHOULD INCLUDE ANY PERTINENT DETAILS ABOUT THE CHARITABLE ORGANIZATION AND ITS CHARITABLE ACTIVITIES.</FormAndInfoAndMaterialsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LAKESIDE PRESCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 96</AddressLine1Txt>
            <CityNm>ESSEX</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12936</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FALLBROOK LAND CONSERVANCY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2701</AddressLine1Txt>
            <CityNm>FALLBROOK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92088</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENTAL</GrantOrContributionPurposeTxt>
          <Amt>120</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FALLBROOK ART CULTURE CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>103 SOUTH MAIN STREET</AddressLine1Txt>
            <CityNm>FALLBROOK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92028</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENTAL</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OLD GROWTH FOREST NETWORK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 21</AddressLine1Txt>
            <CityNm>EASTON</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENTAL</GrantOrContributionPurposeTxt>
          <Amt>21210</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WILDLANDS NETWORK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1829 10th Ave W Suite B</AddressLine1Txt>
            <CityNm>SEATTLE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENTAL</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Adirondack Community Fund</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 288</AddressLine1Txt>
            <CityNm>LAKE PLACID</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12946</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THRESHOLD FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 29903</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94129</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>VT CENTER FOR ECOSTUDIES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 420</AddressLine1Txt>
            <CityNm>NORWICH</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05055</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WILDFARM ALLIANCE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>406 MAIN ST SUITE 316</AddressLine1Txt>
            <CityNm>WATSONVILLE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95076</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BRI</RecipientPersonNm>
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            <AddressLine1Txt>276 CANCO ROAD</AddressLine1Txt>
            <CityNm>PORTLAND</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04103</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENVIRONMENT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>23880</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>16833</ExclusionAmt>
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        <DivAndIntFromSecPartVIIGrp>
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          <ExclusionAmt>1656</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
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          <ExclusionAmt>10425</ExclusionAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>2310</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>28914</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>2310</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>31224</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="IRS990ScheduleB" softwareId="14000265" softwareVersionNum="2014v5.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>ELIZABETH EDDY CO James Phillips</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>622 LAKE SHORE ROAD</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>12936</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1461916</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>Jim and Brenda Bardsley</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>868 SWIFT ROAD</AddressLine1Txt>
          <CityNm>PASADENA</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21122</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>25000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting</CategoryTxt>
        <Amt>1600</Amt>
        <NetInvestmentIncomeAmt>1600</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>Bookkeeping</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
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        <DisbursementsCharitablePrpsAmt>1965</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>BLACK KETTLE FARM</PropertyDesc>
        <AcquiredDt>2000-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>341555</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>133212</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BLACK KETTLE FARM - IMPRV</PropertyDesc>
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      <DepreciationPropertyGrp>
        <PropertyDesc>CACACCI - REAL PROPERTY</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>WALKER ROAD - PROPERTY</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>2703</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BLACK KETTLE FARM - IMPRV</PropertyDesc>
        <AcquiredDt>2002-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>124234</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>36497</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>3185</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MARVIN PROPERTY</PropertyDesc>
        <AcquiredDt>2002-11-30</AcquiredDt>
        <CostOrOtherBasisAmt>21373</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6097</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>548</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>RAYMOND PROPERTY</PropertyDesc>
        <AcquiredDt>2002-11-25</AcquiredDt>
        <CostOrOtherBasisAmt>29966</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8544</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>768</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BLACK KETTLE FARM -IMPROV</PropertyDesc>
        <AcquiredDt>2003-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>66805</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>17916</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>1713</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - O'NEAL</PropertyDesc>
        <AcquiredDt>2004-11-05</AcquiredDt>
        <CostOrOtherBasisAmt>31000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7255</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>795</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - BKF IMPROV</PropertyDesc>
        <AcquiredDt>2004-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>30135</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7312</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>773</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - BKF IMPROV</PropertyDesc>
        <AcquiredDt>2005-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>16805</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3646</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>431</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - WINSOME FALLS</PropertyDesc>
        <AcquiredDt>2004-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>15000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3642</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>385</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - PALMATEER</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>26493</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5065</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - O'NEAL</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>35</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - BEAVER FALLS</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>45000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8608</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>1154</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - BOQUET</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>3841</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>98</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - FRIGORIO</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>416</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>11</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - RAYMOND</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>10</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - WINSOME FALLS</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>29869</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - BKF IMPROV</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>32938</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6303</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - WALKER ROAD</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
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        <PriorYearDepreciationAmt>376</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>54</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - WHALLONSBURG</PropertyDesc>
        <AcquiredDt>2006-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>4080</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>783</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY -BOQUET FARM</PropertyDesc>
        <AcquiredDt>2002-07-01</AcquiredDt>
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        <Rt>0.0256</Rt>
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      <DepreciationPropertyGrp>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - MALONEY house</PropertyDesc>
        <AcquiredDt>2009-09-23</AcquiredDt>
        <CostOrOtherBasisAmt>129329</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12449</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PROPERTY - MALONEY house</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
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    </DepreciationSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="14000265" softwareVersionNum="2014v5.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EQUAL EXCHANGE, INC</CategoryOrItemTxt>
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        <EOYFMVAmt>27500</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WILD EARTH SOCIETY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1969</BookValueAmt>
        <EOYFMVAmt>1969</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
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        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>129000</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WILDLIFE WORKS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>27000</BookValueAmt>
        <EOYFMVAmt>27000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ZORZAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LAKESIDE PRESCHOOL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>14800</BookValueAmt>
        <EOYFMVAmt>14800</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CHAMPLAIN AREA TRAILS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>31125</BookValueAmt>
        <EOYFMVAmt>31125</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LAUREN MURPHY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>51000</BookValueAmt>
        <EOYFMVAmt>51000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MOTION SYSTEMS, INC.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>134239</BookValueAmt>
        <EOYFMVAmt>134239</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>R STEINER FOUNDATION</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>103269</BookValueAmt>
        <EOYFMVAmt>103269</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CVSC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>225000</BookValueAmt>
        <EOYFMVAmt>225000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>D. KLEPETAR</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>224000</BookValueAmt>
        <EOYFMVAmt>224000</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="14000265" softwareVersionNum="2014v5.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>30345</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>30345</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>663206</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>266526</AccumulatedDepreciationAmt>
        <BookValueAmt>396680</BookValueAmt>
        <EOYFMVAmt>396680</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>751902</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>215960</AccumulatedDepreciationAmt>
        <BookValueAmt>535942</BookValueAmt>
        <EOYFMVAmt>535942</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1543603</CostOrOtherBasisAmt>
        <BookValueAmt>1543603</BookValueAmt>
        <EOYFMVAmt>1543603</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>3061</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3061</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>908</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>908</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>6312</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6312</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous</Desc>
        <RevenueAndExpensesPerBooksAmt>974</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>594</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE AND DELIVERY</Desc>
        <RevenueAndExpensesPerBooksAmt>183</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>183</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIR AND MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>27447</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>27447</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SURVEY &amp; APPRAISALS</Desc>
        <RevenueAndExpensesPerBooksAmt>900</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>900</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELECOMMUNICATION</Desc>
        <RevenueAndExpensesPerBooksAmt>1318</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1318</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Utilities</Desc>
        <RevenueAndExpensesPerBooksAmt>421</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>421</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherIncomeDetail>
        <Desc>Rental Income - Noninvestment Property</Desc>
        <RevenueAndExpensesPerBooksAmt>10425</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherLiabilitiesDetail>
        <Desc>Security deposit</Desc>
        <BOYBookValueAmt>635</BOYBookValueAmt>
        <EOYBookValueAmt>1270</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>Rounding</Desc>
        <EOYBookValueAmt>2</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ASSISTANT</CategoryTxt>
        <Amt>525</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>525</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>REALTOR</CategoryTxt>
        <Amt>2500</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2500</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="14000265" softwareVersionNum="2014v5.0">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>29818</Amt>
        <DisbursementsCharitablePrpsAmt>29818</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>TAXES AND FEES</CategoryTxt>
        <Amt>285</Amt>
        <NetInvestmentIncomeAmt>285</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>