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      <PreparerPersonNm>FREDERICK W BARTHELMAS JR CPA</PreparerPersonNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHELLE MEROLA</PersonNm>
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            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
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          <PersonNm>COLLEEN SANITA</PersonNm>
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            <AddressLine1>5 EMERALD LANE</AddressLine1>
            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
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          <TitleTxt>DIRECTOR</TitleTxt>
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          <PersonNm>KARA WATERS</PersonNm>
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            <AddressLine1>34 WEDGEWOOD DR SARATOGA</AddressLine1>
            <City>SPRINGS</City>
            <State>NY</State>
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            <City>PEMAFLY</City>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MELANIE MEROLA O'DONNELL SCHOLARSHI</RecipientPersonNm>
          <RecipientUSAddress>
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            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>5185872119</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>RESUME, COVER LETTER, OFFICIAL UNDERGRADUATE TRANSCRIPTS, THREE LETTERS OF REFERENCE, ESSAY</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MARCH 4, 2013</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>FOR GRADUATE STUDY IN AN ACCREDITED MENTAL HEALTH PROGRAM.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KEVIN O'LEARY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>12 WEST STREET</AddressLine1>
            <City>KEENE</City>
            <State>NH</State>
            <ZIPCode>03435</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JESSICA BODIE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>30 STEWART AVENUE</AddressLine1>
            <City>DELRAN</City>
            <State>NJ</State>
            <ZIPCode>08075</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KEIRA MOORE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>68 BOWMAN STREET</AddressLine1>
            <City>WESTBOROUGH</City>
            <State>MA</State>
            <ZIPCode>01581</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MAGDA PERMUT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>14 BELLEVIEW LA</AddressLine1>
            <City>LITTLETON</City>
            <State>CO</State>
            <ZIPCode>08121</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KATHERINE SANCHEZ-CASTEJON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>2801 E 120TH AVENUE H-311</AddressLine1>
            <City>THORNTON</City>
            <State>CO</State>
            <ZIPCode>80233</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>KAREN &amp; GARY DAKE FOUNDATION FOR CHILDREN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>270 WEST CIRCULAR STREET</AddressLine1>
            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>NONPROFITCORP</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>JAKES HELP FROM HEAVEN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>161 CIRCULAR STREET</AddressLine1>
            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>NONPROFITCORP</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DONATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>17600</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>34</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4779</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetIncomeLossFromSpecialEvtGrp>
          <RelatedOrExemptFunctionIncmAmt>48497</RelatedOrExemptFunctionIncmAmt>
        </NetIncomeLossFromSpecialEvtGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>4813</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>48497</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>53310</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>9</LineNumberTxt>
          <RelationshipStatementTxt>RAISED FUNDS FOR THE SCHOLARSHIP FUND.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </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>
    <InvestmentsOtherSchedule2 documentId="00000002">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY FOUR IN ONE INDEX</CategoryOrItemTxt>
        <BookValueAmt>280741</BookValueAmt>
        <EOYFMVAmt>280741</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="00000003">
      <OtherExpensesScheduleGrp>
        <Desc>ANNUAL RUN EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>67279</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>67279</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>158</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>158</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>740</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>740</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REGISTRATION</Desc>
        <RevenueAndExpensesPerBooksAmt>110</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>110</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STORAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>145</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>145</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000004">
      <OtherIncomeDetail>
        <Desc>ANNUAL RUN</Desc>
        <RevenueAndExpensesPerBooksAmt>115776</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>115776</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>LONG TERM CAPITAL GAIN DISTRIBUTIONS</Desc>
        <NetInvestmentIncomeAmt>703</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SHORT TERM CAPITAL GAIN DISTRIBUTIONS</Desc>
        <AdjustedNetIncomeAmt>154</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="00000005">
      <OtherIncreasesDetail>
        <Description>UNREALIZED CAPITAL GAINS</Description>
        <Amount>42849</Amount>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Description>REALIZED CAPITAL GAINS</Description>
        <Amount>3849</Amount>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="00000006">
      <TaxesDetail>
        <CategoryTxt>EXCISE</CategoryTxt>
        <Amt>17</Amt>
        <AdjustedNetIncomeAmt>17</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>