﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-03T10:24:49-00:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Foundation Source</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>55 Walls Drive</AddressLine1>
        <City>Fairfield</City>
        <State>CT</State>
        <ZIPCode>06824</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>050545292</EIN>
      <Name>
        <BusinessNameLine1>The Repass-Rodgers Family Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>REPA</NameControl>
      <Phone>8008391754</Phone>
      <USAddress>
        <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
        <City>Wilmington</City>
        <State>DE</State>
        <ZIPCode>198091377</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Randy Repass</Name>
      <Title>President</Title>
      <DateSigned>2012-05-03</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Jeffrey D Haskell</Name>
      <Phone>8008391754</Phone>
      <DatePrepared>2012-05-03</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="990PF" softwareId="11000218" softwareVersion="2011.0.0">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>3646309</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>12</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>12</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>44177</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>44177</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="990PF:72">8108</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>141927</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>28793</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="990PF:74">17</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>17</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>52314</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>72999</TotalNetInvestmentIncome>
        <OtherProfFeesRevAndExpnss referenceDocumentId="990PF:77">8905</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>8905</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="990PF:78">2757</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>68</TaxesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="990PF:79">18939</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>6</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>18933</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>30601</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>8979</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>18933</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>54500</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>54500</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>85101</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>8979</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>73433</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-32787</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>64020</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>178218</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>109894</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>109894</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>3959268</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="990PF:89">3994805</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>3536415</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>4137486</TotalAssetsBOY>
        <TotalAssetsEOY>4104699</TotalAssetsEOY>
        <TotalAssetsEOYFMV>3646309</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>4137486</RetainedEarningsBOY>
        <RetainedEarningsEOY>4104699</RetainedEarningsEOY>
        <TotalNetAssetsBOY>4137486</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>4104699</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>4137486</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>4104699</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>4137486</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-32787</ExcessOfRevenueOverExpenses>
        <Subtotal>4104699</Subtotal>
        <TotalNetAssetsFundBalancesEOY>4104699</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Publicly-traded Securities</DescriptionOfAsset>
          <GrossSalesPrice>141927</GrossSalesPrice>
          <CostOrOtherBasis>113134</CostOrOtherBasis>
          <GainOrLoss>28793</GainOrLoss>
          <GainsMinusExcessOrLosses>28793</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>28793</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>70588</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>3340517</NoncharitableAssetsYear1>
        <DistributionRatioYear1>000.021131</DistributionRatioYear1>
        <QualifyingDistributionsYear2>159172</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>2571604</NoncharitableAssetsYear2>
        <DistributionRatioYear2>000.061896</DistributionRatioYear2>
        <QualifyingDistributionsYear3>149688</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>2573358</NoncharitableAssetsYear3>
        <DistributionRatioYear3>000.058168</DistributionRatioYear3>
        <QualifyingDistributionsYear4>618808</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>4295867</NoncharitableAssetsYear4>
        <DistributionRatioYear4>000.144047</DistributionRatioYear4>
        <QualifyingDistributionsYear5>545703</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>4539100</NoncharitableAssetsYear5>
        <DistributionRatioYear5>000.120223</DistributionRatioYear5>
        <TotalDistributionRatio>000.405465</TotalDistributionRatio>
        <AverageDistributionRatio>000.081093</AverageDistributionRatio>
        <NetNoncharitableAssets>3417446</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>277131</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>640</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>277771</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>73433</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>1280</InvestmentIncomeExciseTax>
        <Subtotal>1280</Subtotal>
        <TaxBasedOnInvestmentIncome>1280</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1168</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1168</TotalCreditsAndPayments>
        <TaxPaidOriginalReturn>1168</TaxPaidOriginalReturn>
        <Form2220Attached referenceDocumentId="2220">X</Form2220Attached>
        <TaxDue>112</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>co Foundation Source</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>8008391754</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>501 Silverside Road Suite 123</AddressLine1>
          <City>Wilmington</City>
          <State>DE</State>
          <ZIPCode>198091377</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>true</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Randolph Kent Repass Jr</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Kent-Harris Repass</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Randy Repass</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>President / Director / Secretary</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Elizabeth Peck Repass Holmes</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Sally-Christine Rodgers</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Vice President / Director</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>3334006</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>135482</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>3469488</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>3469488</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable referenceDocumentId="990PF:241">52042</CashDeemedCharitable>
        <NetNoncharitableAssets>3417446</NetNoncharitableAssets>
        <MinimumInvestmentReturn>170872</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>170872</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>1280</TaxBasedOnInvestmentIncome>
        <TotalTax>1280</TotalTax>
        <DistributableAmountBeforeAdj>169592</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>169592</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>169592</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions referenceDocumentId="990PF:242">73433</ExpensesAndContributions>
        <QualifyingDistributions>73433</QualifyingDistributions>
        <AdjQualifyingDistributions>73433</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>169592</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>324498</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>406799</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>22595</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>31449</ExcessDistriCarryoverYear2>
        <TotalExcessDistriCarryover>785341</TotalExcessDistriCarryover>
        <QualifyingDistributions>73433</QualifyingDistributions>
        <AppliedToCurrentYear>73433</AppliedToCurrentYear>
        <ExcessDistriCyovAppCYCorpus>96159</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>96159</ExcessDistriCyovAppliedCY>
        <TotalCorpus>689182</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>228339</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>460843</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>406799</ExcessFromYear4>
        <ExcessFromYear3>22595</ExcessFromYear3>
        <ExcessFromYear2>31449</ExcessFromYear2>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>Randy Repass</ContributingManager>
        <ContributingManager>Sally-Christine Rodgers</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DUKE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 90581</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27708</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Annual Fund Nicholas School of Environment</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DUKE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 90581</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27708</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Annual Fund Pratt School of Engineering</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LAKE CHAMPLAIN MARITIME MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4472 BASIN HARBOR RD</AddressLine1>
            <City>VERGENNES</City>
            <State>VT</State>
            <ZIPCode>05491</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PRANA YOGA ASHRAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1717 ALCATRAZ AVE</AddressLine1>
            <City>BERKELEY</City>
            <State>CA</State>
            <ZIPCode>94703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(2)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RIVER ARTS OF MORRISVILLE INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 829</AddressLine1>
            <City>MORRISVILLE</City>
            <State>VT</State>
            <ZIPCode>05661</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RIVER ARTS OF MORRISVILLE INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 829</AddressLine1>
            <City>MORRISVILLE</City>
            <State>VT</State>
            <ZIPCode>05661</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Childrens Program Scholarships</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN DOMENICO SCHOOL FOR GIRLS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 BUTTERFIELD RD</AddressLine1>
            <City>SAN ANSELMO</City>
            <State>CA</State>
            <ZIPCode>94960</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Annual Fund</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEA STUDIOS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>810 CANNERY ROW</AddressLine1>
            <City>MONTEREY</City>
            <State>CA</State>
            <ZIPCode>93940</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Salmon Program</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEA STUDIOS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>810 CANNERY ROW</AddressLine1>
            <City>MONTEREY</City>
            <State>CA</State>
            <ZIPCode>93940</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Save California Salmon Project</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPIRIT HOLLOW</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2509 SHAFTSBURY HOLLOW RD</AddressLine1>
            <City>N BENNINGTON</City>
            <State>VT</State>
            <ZIPCode>05257</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Irene Disaster Relief Campaign</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THEODORE ROOSEVELT CONSERVATION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>555 11TH ST NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20004</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>The Fish Collaborative Initiative</PurposeOfGrantOrContribution>
          <Amount>16000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TRUSTEES OF THAYER ACADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>745 WASHINGTON ST</AddressLine1>
            <City>BRAINTREE</City>
            <State>MA</State>
            <ZIPCode>02184</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Annual Fund</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WINDMILL SCHOOL INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4141 ALPINE RD</AddressLine1>
            <City>PORTOLA VALLEY</City>
            <State>CA</State>
            <ZIPCode>94028</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(2)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Windmill School Family Education Center Capital Campaign</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>54500</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>12</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>44177</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>8108</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>Foreign Tax Refund</Description>
          <ExclusionCode>01</ExclusionCode>
          <ExclusionAmount>17</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>52314</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>52314</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <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>
    <GeneralExplanationAttachment documentId="990PF:151" softwareId="11000218" softwareVersion="2011.0.0"></GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="11000218" softwareVersion="2011.0.0">
      <InvestmentsCorpStock>
        <NameOfStock>340 shares of AMERICAN EXPRESS CO AXP</NameOfStock>
        <EOYBookValue>11472</EOYBookValue>
        <EOYFMV>16038</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>40 shares of APPLE INC. AAPL</NameOfStock>
        <EOYBookValue>10776</EOYBookValue>
        <EOYFMV>16200</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>60 shares of BARD C R INC. BCR</NameOfStock>
        <EOYBookValue>5140</EOYBookValue>
        <EOYFMV>5130</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>115 shares of BARRICK GOLD CORP COM ABX</NameOfStock>
        <EOYBookValue>3053</EOYBookValue>
        <EOYFMV>5204</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>100 shares of BAXTER INTERNATIONAL INC. BAX</NameOfStock>
        <EOYBookValue>4814</EOYBookValue>
        <EOYFMV>4948</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>195 shares of BERKSHIRE HATHAWAY INC. CLASS B BRK-B</NameOfStock>
        <EOYBookValue>15646</EOYBookValue>
        <EOYFMV>14879</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>490 shares of CHARLES SCHWAB CORP NEW SCHW</NameOfStock>
        <EOYBookValue>5822</EOYBookValue>
        <EOYFMV>5517</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>40 shares of CHEVRONTEXACO CORP CVX</NameOfStock>
        <EOYBookValue>2744</EOYBookValue>
        <EOYFMV>4256</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>85 shares of CHUBB CORP CB</NameOfStock>
        <EOYBookValue>3955</EOYBookValue>
        <EOYFMV>5884</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>375 shares of CISCO SYSTEMS INC CSCO</NameOfStock>
        <EOYBookValue>6913</EOYBookValue>
        <EOYFMV>6780</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>115 shares of COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION - CLASS CTSH</NameOfStock>
        <EOYBookValue>6478</EOYBookValue>
        <EOYFMV>7396</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>65 shares of CONOCOPHILLIPS COP</NameOfStock>
        <EOYBookValue>3047</EOYBookValue>
        <EOYFMV>4737</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>95 shares of CUMMINS INC CMI</NameOfStock>
        <EOYBookValue>9038</EOYBookValue>
        <EOYFMV>8362</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>175 shares of CVS CAREMARK CORP. CVS</NameOfStock>
        <EOYBookValue>5566</EOYBookValue>
        <EOYFMV>7137</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>325 shares of DELL INC DELL</NameOfStock>
        <EOYBookValue>5065</EOYBookValue>
        <EOYFMV>4755</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>162 shares of DR PEPPER/7-UP COMP. DPS</NameOfStock>
        <EOYBookValue>5109</EOYBookValue>
        <EOYFMV>6396</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>95 shares of EBAY INC. EBAY</NameOfStock>
        <EOYBookValue>2286</EOYBookValue>
        <EOYFMV>2881</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>95 shares of ELI LILLY CO LLY</NameOfStock>
        <EOYBookValue>3447</EOYBookValue>
        <EOYFMV>3948</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>310 shares of EMC CORP-MASS EMC</NameOfStock>
        <EOYBookValue>6128</EOYBookValue>
        <EOYFMV>6677</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>105 shares of EXPEDITORS INTL WASH INC. EXPD</NameOfStock>
        <EOYBookValue>4653</EOYBookValue>
        <EOYFMV>4301</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>300 shares of EXPRESS SCRIPTS INC. ESRX</NameOfStock>
        <EOYBookValue>13272</EOYBookValue>
        <EOYFMV>13407</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>75 shares of EXXON MOBIL CORP XOM</NameOfStock>
        <EOYBookValue>5234</EOYBookValue>
        <EOYFMV>6357</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>290 shares of GILEAD SCIENCES INC GILD</NameOfStock>
        <EOYBookValue>11638</EOYBookValue>
        <EOYFMV>11870</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>95 shares of GLAXOSMITHKLINE PLC GSK</NameOfStock>
        <EOYBookValue>3433</EOYBookValue>
        <EOYFMV>4335</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>31 shares of GOOGLE INC CL A GOOG</NameOfStock>
        <EOYBookValue>15982</EOYBookValue>
        <EOYFMV>20023</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1262 shares of HARDING, LOEVNER FUNDS, INC. EMERGING MARKETS PORT HLEMX</NameOfStock>
        <EOYBookValue>55500</EOYBookValue>
        <EOYFMV>53452</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>22 shares of INTUITIVE SURGICAL, INC. ISRG</NameOfStock>
        <EOYBookValue>5755</EOYBookValue>
        <EOYFMV>10186</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>100 shares of JOHNSON JOHNSON JNJ</NameOfStock>
        <EOYBookValue>6157</EOYBookValue>
        <EOYFMV>6558</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>100 shares of KIMBERLY CLARK CORP KMB</NameOfStock>
        <EOYBookValue>5919</EOYBookValue>
        <EOYFMV>7356</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>9253 shares of LONGLEAF PARTNERS INTERNATIONAL FD LLINX</NameOfStock>
        <EOYBookValue>159735</EOYBookValue>
        <EOYFMV>110114</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>180 shares of MEDTRONIC INC MDT</NameOfStock>
        <EOYBookValue>7309</EOYBookValue>
        <EOYFMV>6885</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>320 shares of MICROSOFT CORPORATION MSFT</NameOfStock>
        <EOYBookValue>7871</EOYBookValue>
        <EOYFMV>8307</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>200 shares of MOLSON COOR BREW CO CL B TAP</NameOfStock>
        <EOYBookValue>9175</EOYBookValue>
        <EOYFMV>8708</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>85 shares of NATL OILWELL VARCO NOV</NameOfStock>
        <EOYBookValue>4649</EOYBookValue>
        <EOYFMV>5779</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>80 shares of NEWMONT MINING CORP NEM</NameOfStock>
        <EOYBookValue>3526</EOYBookValue>
        <EOYFMV>4801</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>80 shares of NORTHROP GRUMMAN CORP NOC</NameOfStock>
        <EOYBookValue>3706</EOYBookValue>
        <EOYFMV>4678</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>130 shares of PEPSICO INC PEP</NameOfStock>
        <EOYBookValue>7472</EOYBookValue>
        <EOYFMV>8626</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>110 shares of PERRIGO CO PRGO</NameOfStock>
        <EOYBookValue>7194</EOYBookValue>
        <EOYFMV>10703</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>67086 shares of PIMCO TOTAL RETURN FUND PTTRX</NameOfStock>
        <EOYBookValue>698926</EOYBookValue>
        <EOYFMV>729226</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>115 shares of PNC FINANCIAL GROUP INC. PNC</NameOfStock>
        <EOYBookValue>6530</EOYBookValue>
        <EOYFMV>6632</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>85 shares of PROCTER GAMBLE CO PG</NameOfStock>
        <EOYBookValue>3890</EOYBookValue>
        <EOYFMV>5670</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>195 shares of QUALCOMM INC QCOM</NameOfStock>
        <EOYBookValue>7920</EOYBookValue>
        <EOYFMV>10667</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>105 shares of SCHLUMBERGER LTD SLB</NameOfStock>
        <EOYBookValue>6620</EOYBookValue>
        <EOYFMV>7173</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>10204 shares of SEIX HIGH YIELD FUND SAMHX</NameOfStock>
        <EOYBookValue>96206</EOYBookValue>
        <EOYFMV>96017</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>45 shares of SIGMA ALDRICH CORP SIAL</NameOfStock>
        <EOYBookValue>1629</EOYBookValue>
        <EOYFMV>2811</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>60 shares of STERICYCLE INC SRCL</NameOfStock>
        <EOYBookValue>3400</EOYBookValue>
        <EOYFMV>4675</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>95 shares of SUNTRUST BKS INC STI</NameOfStock>
        <EOYBookValue>1296</EOYBookValue>
        <EOYFMV>1682</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>105 shares of TARGET CORPORATION TGT</NameOfStock>
        <EOYBookValue>4562</EOYBookValue>
        <EOYFMV>5378</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>215 shares of TEVA PHARMECEUTICAL SP ADR TEVA</NameOfStock>
        <EOYBookValue>10503</EOYBookValue>
        <EOYFMV>8677</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>75 shares of TORCHMARK CORP TMK</NameOfStock>
        <EOYBookValue>818</EOYBookValue>
        <EOYFMV>3254</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>65 shares of TRAVELERS COMPANIES INC THE TRV</NameOfStock>
        <EOYBookValue>2835</EOYBookValue>
        <EOYFMV>3846</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>130 shares of UNILEVER N V N Y UN</NameOfStock>
        <EOYBookValue>3673</EOYBookValue>
        <EOYFMV>4468</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>175 shares of US BANCORP DEL NEW USB</NameOfStock>
        <EOYBookValue>3867</EOYBookValue>
        <EOYFMV>4734</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>110 shares of VARIAN MEDICAL SYSTEMS INC VAR</NameOfStock>
        <EOYBookValue>6083</EOYBookValue>
        <EOYFMV>7384</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>245 shares of VERISK ANALYTICS, INC VRSK</NameOfStock>
        <EOYBookValue>7903</EOYBookValue>
        <EOYFMV>9832</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>145 shares of VISA INC V</NameOfStock>
        <EOYBookValue>11163</EOYBookValue>
        <EOYFMV>14722</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>150 shares of WAL-MART STORES INC. WMT</NameOfStock>
        <EOYBookValue>7540</EOYBookValue>
        <EOYFMV>8964</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>225 shares of WELLS FARGO CO. WFC</NameOfStock>
        <EOYBookValue>5926</EOYBookValue>
        <EOYFMV>6201</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>173900 shares of WEST MARINE INC. WMAR</NameOfStock>
        <EOYBookValue>2518612</EOYBookValue>
        <EOYFMV>2022456</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>7273 shares of WHV INTERNATIONAL EQUITY FUND CLASS I SHS WHVIX</NameOfStock>
        <EOYBookValue>130224</EOYBookValue>
        <EOYFMV>128375</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherExpenses>
        <Description>Administrative Fees</Description>
        <RevenueAndExpensesPerBooks>18908</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>18908</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Bank Charges</Description>
        <RevenueAndExpensesPerBooks>6</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>6</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>State or Local Filing Fees</Description>
        <RevenueAndExpensesPerBooks>25</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>25</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:74" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherIncome>
        <Description>Foreign Tax Refund</Description>
        <RevenueAndExpensesPerBooks>17</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>17</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="990PF:77" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherProfessionalFees>
        <Category>Investment Management Services</Category>
        <Amount>8905</Amount>
        <NetInvestmentIncome>8905</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="990PF:78" softwareId="11000218" softwareVersion="2011.0.0">
      <Taxes>
        <Category>Estimated Tax for 2011</Category>
        <Amount>1100</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Foreign Tax Paid</Category>
        <Amount>68</Amount>
        <NetInvestmentIncome>68</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>IRS Excise Tax Payment with 1st ext 990PF</Category>
        <Amount>1589</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>