﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2013v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-10-20T17:00:22-05:00</ReturnTs>
    <TaxPeriodEndDt>2014-09-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>ERNST &amp; YOUNG US LLP</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>99 WOOD AVE SOUTH</AddressLine1>
        <City>ISELIN</City>
        <State>NJ</State>
        <ZIPCode>08830</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-10-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>166376992</EIN>
      <BusinessName>
        <BusinessNameLine1>NURSING &amp; SCIENTIFIC SCHOLARSHIP FUND</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>NURS</BusinessNameControlTxt>
      <PhoneNum>6077373896</PhoneNum>
      <USAddress>
        <AddressLine1>CHEMUNG CANAL TRUST CO PO BOX 15</AddressLine1>
        <City>ELMIRA</City>
        <State>NY</State>
        <ZIPCode>14902</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DEVIN E WANDELL</PersonNm>
      <PersonTitleTxt>ASS'T TREASURER</PersonTitleTxt>
      <PhoneNum>6077373896</PhoneNum>
      <SignatureDt>2014-10-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>LOUIS J DEROSE</PreparerPersonNm>
      <PhoneNum>7327679100</PhoneNum>
      <PreparationDt>2014-10-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1679332</FMVAssetsEOYAmt>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>15</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>15</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>51410</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>51408</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>22602</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>125363</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>23453</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>0</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>74027</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>74876</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>12411</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>11170</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>1241</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>0</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsAdjNetIncmAmt>0</OthEmplSlrsWgsAdjNetIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>0</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftNetInvstIncmAmt>0</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftAdjNetIncmAmt>0</PensionEmplBnftAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">600</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>0</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>177</InterestRevAndExpnssAmt>
        <InterestDsbrsChrtblAmt>0</InterestDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">2330</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt>0</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>0</DeprecAndDpltnNetInvstIncmAmt>
        <TravConfMeetingNetInvstIncmAmt>0</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingAdjNetIncmAmt>0</TravConfMeetingAdjNetIncmAmt>
        <PrintingAndPubNetInvstIncmAmt>0</PrintingAndPubNetInvstIncmAmt>
        <PrintingAndPubAdjNetIncmAmt>0</PrintingAndPubAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule">250</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>250</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>15768</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11170</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1491</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>60000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>60000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>75768</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11170</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>61491</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-1741</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>63706</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>61457</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>36736</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>36736</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblEOYAmt>0</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>0</AcctRcvblEOYFMVAmt>
        <OtherRcvblAllwncDbtflAcctAmt>0</OtherRcvblAllwncDbtflAcctAmt>
        <CorporateStockBOYAmt>659787</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">642164</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1173093</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>149975</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">149753</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>158380</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>256586</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">297411</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>311123</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1127805</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1126064</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1679332</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>1127805</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>1118589</CapitalStockEOYAmt>
        <RetainedEarningEOYAmt>7475</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1127805</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1126064</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1127805</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1126064</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1127805</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-1741</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>1126064</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1126064</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1000. BANK OF AMERICA CORP</PropertyDesc>
          <AcquiredDt>2009-10-26</AcquiredDt>
          <SoldDt>2014-05-01</SoldDt>
          <GrossSalesPriceAmt>15020</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15548</CostOrOtherBasisAmt>
          <GainOrLossAmt>-528</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-528</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50000. STANFORD UNIVERSITY DTD 4/29/2009 F/C 11/1/2009 3.625% 05/01/20</PropertyDesc>
          <AcquiredDt>2009-05-27</AcquiredDt>
          <SoldDt>2014-05-01</SoldDt>
          <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>125. NOW INC</PropertyDesc>
          <AcquiredDt>2009-10-26</AcquiredDt>
          <SoldDt>2014-06-20</SoldDt>
          <GrossSalesPriceAmt>4316</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2212</CostOrOtherBasisAmt>
          <GainOrLossAmt>2104</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2104</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>400. MCDONALDS CORP</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2014-07-31</SoldDt>
          <GrossSalesPriceAmt>38031</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22824</CostOrOtherBasisAmt>
          <GainOrLossAmt>15207</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15207</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>175. APPLE INC</PropertyDesc>
          <AcquiredDt>2013-03-21</AcquiredDt>
          <SoldDt>2014-09-08</SoldDt>
          <GrossSalesPriceAmt>17171</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11326</CostOrOtherBasisAmt>
          <GainOrLossAmt>5845</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5845</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>825</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>23453</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>61438</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1575469</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.038997</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>61386</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1496344</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.041024</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>63987</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1438519</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.044481</DistributionYr3Rt>
        <TotalDistributionRt>0.124502</TotalDistributionRt>
        <AverageDistributionRt>0.041501</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1676161</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>69562</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>637</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>70199</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>61491</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1274</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>1274</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>1274</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1524</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>0</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>1524</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>250</OverpaymentAmt>
        <AppliedToESTaxAmt>250</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1>CHEMUNG CANAL TRUST CO</BusinessNameLine1>
        </PersonsWithBooksName>
        <PhoneNum>6077373896</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>ONE CHEMUNG CANAL PLAZA</AddressLine1>
          <City>ELMIRA</City>
          <State>NY</State>
          <ZIPCode>14901</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1>CHEMUNG CANAL TRUST COMPANY</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 1522 TRUST DEPARTMENT</AddressLine1>
            <City>ELMIRA</City>
            <State>NY</State>
            <ZIPCode>14902</ZIPCode>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>6</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12411</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1637307</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>64379</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1701686</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1701686</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>25525</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1676161</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>83808</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>83808</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1274</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1274</TotalTaxAmt>
        <DistributableBeforeAdjAmt>82534</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>82534</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>82534</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>61491</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>61491</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>61491</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>82534</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>32974</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>0</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>0</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>0</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>0</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>61491</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>32974</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>28517</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>54017</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>0</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>0</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HARTWICK COLLEGE</BusinessNameLine1>
            <BusinessNameLine2>KAREN ZUILL COMPTROLLER</BusinessNameLine2>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ONE HARTWICK DRIVE</AddressLine1>
            <City>ONEONTA</City>
            <State>NY</State>
            <ZIPCode>13820</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>RESTRICTED FUND FOR</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>60000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>15</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>51410</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>22602</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>74027</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>74027</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp />
      <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">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION FEE</CategoryTxt>
        <Amt>600</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule">
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALTRIA GROUP 4.125% 9/11/2015</BondNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>51607</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO 6% 1/15/18</BondNm>
        <EOYBookValueAmt>49125</EOYBookValueAmt>
        <EOYFMVAmt>56276</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>APPLE INC 3.45% 5/6/2024</BondNm>
        <EOYBookValueAmt>50628</EOYBookValueAmt>
        <EOYFMVAmt>50497</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule">
      <InvestmentsCorporateStockGrp>
        <StockNm>BOEING</StockNm>
        <EOYBookValueAmt>19213</EOYBookValueAmt>
        <EOYFMVAmt>19107</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA CO</StockNm>
        <EOYBookValueAmt>23322</EOYBookValueAmt>
        <EOYFMVAmt>34128</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COLGATE PALMOLIVE</StockNm>
        <EOYBookValueAmt>11001</EOYBookValueAmt>
        <EOYFMVAmt>84786</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CORNING INC</StockNm>
        <EOYBookValueAmt>51569</EOYBookValueAmt>
        <EOYFMVAmt>29010</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EMERSON ELECTRIC</StockNm>
        <EOYBookValueAmt>25674</EOYBookValueAmt>
        <EOYFMVAmt>31290</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON MOBIL CORP</StockNm>
        <EOYBookValueAmt>35712</EOYBookValueAmt>
        <EOYFMVAmt>150480</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC</StockNm>
        <EOYBookValueAmt>71920</EOYBookValueAmt>
        <EOYFMVAmt>64050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOME DEPOT INC</StockNm>
        <EOYBookValueAmt>13049</EOYBookValueAmt>
        <EOYFMVAmt>45870</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTEL CORP</StockNm>
        <EOYBookValueAmt>22100</EOYBookValueAmt>
        <EOYFMVAmt>34820</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL BUSINESS MACHINE</StockNm>
        <EOYBookValueAmt>10331</EOYBookValueAmt>
        <EOYFMVAmt>113898</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>20460</EOYBookValueAmt>
        <EOYFMVAmt>42636</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORHAN CHASE &amp; CO</StockNm>
        <EOYBookValueAmt>13350</EOYBookValueAmt>
        <EOYFMVAmt>44578</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BB&amp;T CORP</StockNm>
        <EOYBookValueAmt>15074</EOYBookValueAmt>
        <EOYFMVAmt>15070</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT</StockNm>
        <EOYBookValueAmt>28288</EOYBookValueAmt>
        <EOYFMVAmt>46360</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NATIONAL OILWELL VARCO INC</StockNm>
        <EOYBookValueAmt>19907</EOYBookValueAmt>
        <EOYFMVAmt>38050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC</StockNm>
        <EOYBookValueAmt>27749</EOYBookValueAmt>
        <EOYFMVAmt>73481</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROCTER &amp; GAMBLE</StockNm>
        <EOYBookValueAmt>23244</EOYBookValueAmt>
        <EOYFMVAmt>33496</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC</StockNm>
        <EOYBookValueAmt>54133</EOYBookValueAmt>
        <EOYFMVAmt>74770</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEADRILL LTD</StockNm>
        <EOYBookValueAmt>39085</EOYBookValueAmt>
        <EOYFMVAmt>40140</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC</StockNm>
        <EOYBookValueAmt>22652</EOYBookValueAmt>
        <EOYFMVAmt>35263</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORD MOTOR CO</StockNm>
        <EOYBookValueAmt>26738</EOYBookValueAmt>
        <EOYFMVAmt>29580</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED TECHNOLOGIES</StockNm>
        <EOYBookValueAmt>28656</EOYBookValueAmt>
        <EOYFMVAmt>42240</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON</StockNm>
        <EOYBookValueAmt>38937</EOYBookValueAmt>
        <EOYFMVAmt>49990</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LOOMIS SAYLES BOND FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>105514</BookValueAmt>
        <EOYFMVAmt>119621</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD SHORT TERM INVEST GR</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>151897</BookValueAmt>
        <EOYFMVAmt>151675</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX INCOME FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>40000</BookValueAmt>
        <EOYFMVAmt>39827</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule">
      <OtherExpensesScheduleGrp>
        <Desc>NYS EPTL FILING FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>250</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>PRIOR YEAR BALANCE DUE</CategoryTxt>
        <Amt>806</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>ESTM EXCISE TAXES PAID</CategoryTxt>
        <Amt>1524</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>