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          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>521628</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>532995</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11367</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11367</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES- #2353</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>206715</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>183178</CostOrOtherBasisAmt>
          <GainOrLossAmt>23537</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>23537</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES- #2353</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>259640</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>207773</CostOrOtherBasisAmt>
          <GainOrLossAmt>51867</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>51867</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES- #2353</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>209386</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>176668</CostOrOtherBasisAmt>
          <GainOrLossAmt>32718</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>32718</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>104 SHS OF BARCLAY PLC RIGHTS PARENT ML</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-23</AcquiredDt>
          <SoldDt>2013-09-23</SoldDt>
          <GrossSalesPriceAmt>532</GrossSalesPriceAmt>
          <GainOrLossAmt>532</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>532</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1 SH INTERCONTINENTAL HOTELS GROUP PLC SHS SP ADR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-10-10</AcquiredDt>
          <SoldDt>2013-09-23</SoldDt>
          <GrossSalesPriceAmt>29</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES- FROST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>1055074</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1034445</CostOrOtherBasisAmt>
          <GainOrLossAmt>20629</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>20629</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LITIGATION PROCEEDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>77</GrossSalesPriceAmt>
          <GainOrLossAmt>77</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>77</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CASH IN LIEU #2067</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>27</GrossSalesPriceAmt>
          <GainOrLossAmt>27</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>27</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>17 SHS OF BROOKFIELD PROPERTY PARTNERS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-04-18</AcquiredDt>
          <SoldDt>2013-05-14</SoldDt>
          <GrossSalesPriceAmt>385</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>372</CostOrOtherBasisAmt>
          <GainOrLossAmt>13</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PRIOR PERIOD BASIS ADJUSTMENTS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>1931-12-31</SoldDt>
          <CostOrOtherBasisAmt>7282</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7282</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7282</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>222112</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>2528314</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>493706</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>10292192</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.047969</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>458018</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>10231474</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.044766</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>491078</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>9514746</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.051612</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>544922</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>8736471</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.062373</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>623882</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>10977492</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.056833</DistributionYr5Rt>
        <TotalDistributionRt>0.263553</TotalDistributionRt>
        <AverageDistributionRt>0.052711</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>11003811</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>580022</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>27056</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>607078</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>523424</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>54111</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>54111</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>54111</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>11952</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>11952</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>42159</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3 BinaryAttachN4 BinaryAttachN5 BinaryAttachN6 BinaryAttachN7 BinaryAttachN8 BinaryAttachN9">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3 BinaryAttachN4 BinaryAttachN5 BinaryAttachN6 BinaryAttachN7 BinaryAttachN8 BinaryAttachN9">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2 BinaryAttachN3 BinaryAttachN4 BinaryAttachN5 BinaryAttachN6 BinaryAttachN7 BinaryAttachN8 BinaryAttachN9">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</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>MARTIN C DAVIS</BusinessNameLine1>
        </PersonsWithBooksName>
        <PhoneNum>3618822272</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>802 N CARANCAHUA STE 1270</AddressLine1>
          <City>CORPUS CHRISTI</City>
          <State>TX</State>
          <ZIPCode>78401</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <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>
          <PersonNm>MARTIN C DAVIS</PersonNm>
          <USAddress>
            <AddressLine1>802 N CARANCAHUA SUITE 1270</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>15.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>41925</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARBARA LITTLE</PersonNm>
          <USAddress>
            <AddressLine1>802 N CARANCAHUA SUITE 1270</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>6600</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATRICIA WILLIAMS</PersonNm>
          <USAddress>
            <AddressLine1>802 N CARANCAHUA SUITE 1270</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>6600</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KAREN BONNER</PersonNm>
          <USAddress>
            <AddressLine1>802 N CARANCAHUA SUITE 1270</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1>MERRILL LYNCH</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 826143</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>191826143</ZIPCode>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MANAGERS</ServiceTypeTxt>
          <CompensationAmt>60803</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NONE</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>9374831</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1796551</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>11171382</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>11171382</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>167571</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>11003811</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>550191</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>550191</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>54111</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>54111</TotalTaxAmt>
        <DistributableBeforeAdjAmt>496080</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>496080</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>496080</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>523424</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>523424</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>523424</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>496080</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>439738</UndistributedIncomePYAmt>
        <PriorYear1Yr>2011</PriorYear1Yr>
        <PriorYear2Yr>2010</PriorYear2Yr>
        <PriorYear3Yr>2009</PriorYear3Yr>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>523424</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>439738</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>83686</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>412394</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTH TEXAS PUBLIC BROADCASTING</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4455 S PADRE ISLAND DR</AddressLine1>
            <AddressLine2>SUITE 38</AddressLine2>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>784114481</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ST PATRICK'S CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3350 S ALAMEDA STREET</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78411</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>96750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF WISCONSIN-OSHKOSH FOUNDATION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>OVIATT HOUSE</AddressLine1>
            <AddressLine2>842 ALGOMA BOULEVARD</AddressLine2>
            <City>OSHKOSH</City>
            <State>WI</State>
            <ZIPCode>549013551</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CHRISTUS SPOHN HEALTH SYSTEM FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>600 ELIZABETH ST</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78404</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>NURSING EXCELLENCE FUND</GrantOrContributionPurposeTxt>
          <Amt>116600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF WISCONSIN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1848 UNIVERSITY AVENUE</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53726</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS FOR MEDICAL SCHOOL &amp; CAPITAL CAMPAIGN</GrantOrContributionPurposeTxt>
          <Amt>87000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY- CORPUS CHRISTI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 2507</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78403</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>21000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>TEXAS A&amp;M UNIVERSITY - CORPUS CHRISTI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6300 OCEAN DR</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78412</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>NURSING SCHOOL EQUIPMENT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>LEAD FIRST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 N SHORELINE SUITE 807</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78407</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>THE RISE SCHOOL OF CORPUS CHRISTI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>744 EVERHART RD</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78411</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>COASTAL BEND COMMUNITY FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>600 LEOPARD STREET</AddressLine1>
            <AddressLine2>SUITE 1716</AddressLine2>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DAY OF GIVING</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ART CENTER OF CORPUS CHRISTI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 SHORELINE BOULEVARD</AddressLine1>
            <City>CORPUS CHRISTI</City>
            <State>TX</State>
            <ZIPCode>78401</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL PROGRAM SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>446350</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>298698</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2528314</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2827012</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2827012</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="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>SWANK &amp; SALCH, P.C.</CategoryTxt>
        <Amt>4400</Amt>
        <NetInvestmentIncomeAmt>220</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4180</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>DETAILS ON FILE</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>DETAILS ON FILE</StockNm>
        <EOYBookValueAmt>10692889</EOYBookValueAmt>
        <EOYFMVAmt>10806581</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtObligationsBookVlEOYAmt>0</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>0</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsLandSchedule2 documentId="InvLandSch2" />
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>DAVIS, HUTCHINSON &amp; WILKERSON</CategoryTxt>
        <LegalFeesAmt>19919</LegalFeesAmt>
        <NetInvestmentIncomeAmt>996</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>18923</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>AMORTIZATION</Desc>
        <RevenueAndExpensesPerBooksAmt>1650</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1650</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1185</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1185</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1686</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>84</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1602</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>UBS FINANCIAL SERVICES</CategoryTxt>
        <Amt>38473</Amt>
        <NetInvestmentIncomeAmt>38473</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ML INVESTMENT FEES</CategoryTxt>
        <Amt>60803</Amt>
        <NetInvestmentIncomeAmt>60803</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FROST AGENCY FEES</CategoryTxt>
        <Amt>7683</Amt>
        <NetInvestmentIncomeAmt>7683</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>7600</Amt>
        <NetInvestmentIncomeAmt>7600</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>11952</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>