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        <City>Lincoln</City>
        <State>NE</State>
        <ZIPCode>68516</ZIPCode>
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    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>476207241</EIN>
      <Name>
        <BusinessNameLine1>P&amp;N Charitable Foundation Trust</BusinessNameLine1>
      </Name>
      <InCareOfName>% MR ROBERT E NIXON</InCareOfName>
      <NameControl>P&amp;NC</NameControl>
      <Phone>4024772500</Phone>
      <USAddress>
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        <City>Lincoln</City>
        <State>NE</State>
        <ZIPCode>68508</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Robert E Nixon</Name>
      <Title>Trustee</Title>
      <Phone>4024772500</Phone>
      <DateSigned>2013-05-09</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
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    <Preparer>
      <Name>Ryan J Bourlier</Name>
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    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
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        <InterestOnSavingsNetInvstIncm>1</InterestOnSavingsNetInvstIncm>
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      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>10,000 SHS LIFE VANTAGE LVFN COMMON</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
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        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
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          <USAddress>
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            <City>Lincoln</City>
            <State>NE</State>
            <ZIPCode>68508</ZIPCode>
          </USAddress>
          <Title>CO-TRUSTEE</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>CARLA PISEL-NIXON</PersonName>
          <USAddress>
            <AddressLine1>140 North 8th Street Suite 410</AddressLine1>
            <City>Lincoln</City>
            <State>NE</State>
            <ZIPCode>68508</ZIPCode>
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          <Title>CO-TRUSTEE</Title>
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          <Compensation>0</Compensation>
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        <Description1>NONE</Description1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments />
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        <DistributableAmountBeforeDed>3264</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>3264</DistributableAmountAsAdjusted>
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        <PriorYear1>2010</PriorYear1>
        <PriorYear2>2009</PriorYear2>
        <PriorYear3>2008</PriorYear3>
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      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <ContributingManager>ROBERT E NIXON CARLA PISEL-NIXON</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>ROBERT E NIXON CARLA PISEL-NIXON</RecipientName>
          <RecipientUSAddress>
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            <City>LINCOLN</City>
            <State>NE</State>
            <ZIPCode>68508</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>4024772500</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>APPLICATIONS SHOULD BE SUBMITTED IN WRITING AND SHOULD INCLUDE A DESCRIPTION OF THE REQUESTING ORGANIZATION'S PURPOSE AND EXPECTED USE OF THE REQUESTED FUNDS</FormAndInfoAndMaterials>
          <SubmissionDeadlines>OCTOBER 1ST FOR THE NEXT CALENDAR YEAR</SubmissionDeadlines>
          <RestrictionsOnAwards>NO RESTRICTIONS OR LIMITATIONS</RestrictionsOnAwards>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YOUNG LIFE - LINCOLN AREA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 6442</AddressLine1>
            <City>LINCOLN</City>
            <State>NE</State>
            <ZIPCode>68502</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GRACE CHAPEL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <City>LINCOLN</City>
            <State>NE</State>
            <ZIPCode>68502</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
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            <State>NE</State>
            <ZIPCode>68502</ZIPCode>
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          <RecipientRelationship>N/A</RecipientRelationship>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Other Qualified Contributions</BusinessNameLine1>
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            <State>NE</State>
            <ZIPCode>68508</ZIPCode>
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          <RecipientRelationship>N/A</RecipientRelationship>
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          <PurposeOfGrantOrContribution>GENERAL OPERATING FUND</PurposeOfGrantOrContribution>
          <Amount>239</Amount>
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        <NetRentalIncmPersonalProperty />
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        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
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        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
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      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>Robert E Nixon Carla J Pisel-Ni</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>3045 Van Dorn Street</AddressLine1>
          <City>Lincoln</City>
          <State>NE</State>
          <ZIPCode>68502</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>34000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>1</ContributorNumberFromPartI>
        <NoncashPropertyDescription>10,000 Shs Lifevantage Co. Common Stock</NoncashPropertyDescription>
        <FairMarketValue>34000</FairMarketValue>
        <DateReceived>2012-10-01</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>TAX PREPARATION</Category>
        <Amount>760</Amount>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorpStock>
        <NameOfStock>3,000 SHS LEVEL 3 COMM</NameOfStock>
        <EOYBookValue>9965</EOYBookValue>
        <EOYFMV>4622</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>170.003 SHS FIRSTHAND TECH VAL</NameOfStock>
        <EOYBookValue>3137</EOYBookValue>
        <EOYFMV>2965</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1,350 SHS AVINCI MEDIA CORP</NameOfStock>
        <EOYBookValue>21</EOYBookValue>
        <EOYFMV>1</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>FIDELITY MUTUAL FUND PORTFOLIO</NameOfStock>
        <EOYBookValue>69207</EOYBookValue>
        <EOYFMV>77373</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreases>
        <Description>NET ASSET ADJUSTMT (FMV &gt; COST OF GIFTS)</Description>
        <Amount>27580</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>52</Amount>
      </Taxes>
      <Taxes>
        <Category>FEDERAL EXCISE TAX</Category>
        <Amount>760</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>