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        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>THESARATOGAPALIO.COM</WebsiteAddress>
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        <BooksInCareOfUSAddress>
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          <USAddress>
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            <City>SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </USAddress>
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        <OfcrDirTrusteesOrKeyEmployee>
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          <USAddress>
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            <City>SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
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          <Title>TREASURER</Title>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MICHELLE MEROLA</PersonName>
          <USAddress>
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            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </USAddress>
          <Title>SECRETARY</Title>
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          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>COLLEEN SANITA</PersonName>
          <USAddress>
            <AddressLine1>5 EMERALD LANE</AddressLine1>
            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
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          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>KARA WATERS</PersonName>
          <USAddress>
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            <City>SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
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          <Title>DIRECTOR</Title>
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          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MARIA MAURER</PersonName>
          <USAddress>
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            <City>PEMAFLY</City>
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            <ZIPCode>07670</ZIPCode>
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          <Title>DIRECTOR</Title>
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        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
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      <SummaryOfDirectCharitableActy>
        <Description1>THE PALIO-MELANIE MEROLA O'DONNELL MEMORIAL RUN</Description1>
        <Expenses1>42181</Expenses1>
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        <DistributableAmountAsAdjusted>0</DistributableAmountAsAdjusted>
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        <QualifyingDistributions>13000</QualifyingDistributions>
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        <UndistributedIncomeCY>0</UndistributedIncomeCY>
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        <ExcessFromYear3>5000</ExcessFromYear3>
        <ExcessFromYear1>11000</ExcessFromYear1>
        <ExcessFromCurrentYear>13000</ExcessFromCurrentYear>
      </UndistributedIncome>
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        <ContributingManager>NONE</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>MELANIE MEROLA O'DONNELL SCHOLARSHI</RecipientName>
          <RecipientUSAddress>
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            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
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          <FormAndInfoAndMaterials>RESUME, COVER LETTER, OFFICIAL UNDERGRADUATE TRANSCRIPTS, THREE LETTERS OF REFERENCE, ESSAY</FormAndInfoAndMaterials>
          <SubmissionDeadlines>FEBRUARY 7, 2011</SubmissionDeadlines>
          <RestrictionsOnAwards>FOR GRADUATE STUDY IN AN ACCREDITED MENTAL HEALTH PROGRAM.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
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          <RecipientPersonName>STEPHANIE TOWNS</RecipientPersonName>
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            <City>KINGSTON</City>
            <State>NY</State>
            <ZIPCode>12401</ZIPCode>
          </RecipientUSAddress>
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        <GrantOrContriPaidDuringYear>
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          <RecipientUSAddress>
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            <City>EUGENE</City>
            <State>OR</State>
            <ZIPCode>97401</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>INDIVIDUAL</RecipientFoundationStatus>
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        <GrantOrContriPaidDuringYear>
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            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>INDIVIDUAL</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIP</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRANKLIN COMMUNITY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 FRANKLIN STREET</AddressLine1>
            <City>SARATOGA SPRINGS</City>
            <State>NY</State>
            <ZIPCode>12866</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NONPROFITCORP</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>DONATION</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>13000</TotGrantOrContriPaidDuringYear>
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        <NetIncomeLossFromSpecialEvents>
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        <OtherRevenueDescribed>
          <Description>RAFFLE</Description>
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          <RelatedOrExemptFunctionIncome>30073</RelatedOrExemptFunctionIncome>
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      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
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          <RelationshipStatement>RAISED FUNDS FOR THE SCHOLARSHIP FUND.</RelationshipStatement>
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          <RelationshipStatement>RAISED FUNDS FOR THE SCHOLARSHIP FUND.</RelationshipStatement>
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      </RlnOfActyToAccomOfExemptPrps>
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        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="00000002">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>MAJORIE L HILL</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>3152 GRACEFIELD ROAD APT MS119</AddressLine1>
          <City>SILVER SPRING</City>
          <State>MD</State>
          <ZIPCode>20904</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>40000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <InvestmentsOtherSchedule2 documentId="00000003">
      <InvestmentsOther>
        <CategoryOrItem>BLACKROCK GLOBAL ALLOCATION FUND INC A</CategoryOrItem>
        <BookValue>145127</BookValue>
        <EOYFMV>145127</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="00000004">
      <OtherDecreases>
        <Description>UNREALIZED CAPITAL LOSSES</Description>
        <Amount>10645</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000005">
      <OtherExpenses>
        <Description>ANNUAL RUN EXPENSES</Description>
        <RevenueAndExpensesPerBooks>42181</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>42181</AdjustedNetIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>POSTAGE</Description>
        <RevenueAndExpensesPerBooks>259</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>163</AdjustedNetIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK SERVICE CHARGES</Description>
        <RevenueAndExpensesPerBooks>150</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>150</AdjustedNetIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>540</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>540</AdjustedNetIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>REGISTRATION</Description>
        <RevenueAndExpensesPerBooks>60</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>60</AdjustedNetIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000006">
      <OtherIncome>
        <Description>ANNUAL RUN</Description>
        <RevenueAndExpensesPerBooks>66493</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>5761</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>RAFFLE</Description>
        <RevenueAndExpensesPerBooks>5761</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>64493</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="00000007">
      <Taxes>
        <Category>EXCISE</Category>
        <Amount>18</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>