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    <Timestamp>2011-11-14T13:34:00-08:00</Timestamp>
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        <State>OR</State>
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      <DateSigned>2011-11-14</DateSigned>
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        <Description>SEE STATEMENT 1</Description>
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        <Description>MEMBER SHARES</Description>
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          <City>COQUILLE</City>
          <State>OR</State>
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        <PurposeOfGrant>EQUIPMENT PURCHASE</PurposeOfGrant>
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      <RecipientTable>
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          <BusinessNameLine1>COQUILLE HIGH SCHOOL</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>1366 N GOULD</AddressLine1>
          <City>COQUILLE</City>
          <State>OR</State>
          <ZIPCode>97423</ZIPCode>
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        <AmountOfCashGrant>6500</AmountOfCashGrant>
        <PurposeOfGrant>ATHLETICS</PurposeOfGrant>
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      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>true</SeverancePayment>
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      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>DAL KING</NamePerson>
        <BaseCompensationFilingOrg>295822</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>4003155</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>8250</DeferredCompFilingOrg>
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      <Form990ScheduleJPartII>
        <NamePerson>DAVID ELMER</NamePerson>
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        <NontaxableBenefitsFilingOrg>18134</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>328624</TotalCompensationFilingOrg>
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        <NamePerson>RENEE NELSON</NamePerson>
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      <GeneralExplanation>
        <Explanation>PART VI SECTION A 6 7A &amp; 7B EACH PERSON WHO HAS PURCHASED A 1 SHARE AND OPENED AN ACCOUNT WITH THE ORGANIZATION IS A MEMBER. EACH MEMBER OF THE ORGANIZATION CAN VOTE FOR THE MEMBERS OF THE BOARD OF DIRECTORS AS WELL AS OTHER ISSUES THAT ARE BROUGHT BEFORE THE MEMBERSHIP TO BE VOTED ON. PART VI SECTION B 11B THE FORM 990 IS PREPARED BY THE ACCOUNTING MANAGER. IT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW. PART VI SECTION B 12C THE BOARD OF OFFICERS REGULARLY REVIEW AND CONSISTENTLY ENFORCE THE POLICIES OF THE ORGANIZATION. THE POLICIES ARE REVIEWED ANNUALLY AND AS NEEDED ON A CASE BY CASE BASIS. THE POLICIES ARE POSTED ON THE ORGANIZATIONS INTRANET FOR EMPLOYEE REFERENCE. PART VI SECTION B 15A &amp; 15B ANNUAL REVIEWS ARE PERFORMED BY THE BOARD FOR THE CEO AT THE END OF EACH YEAR USING SALARY SURVEY DATA. THE PERFORMANCE FOR THE LAST YEAR IS ANALYZED AND PAY INCREASES ARE ADMINISTERED AS DEEMED NECESSARY. THE CEO DOES THE SAME ANNUAL REVIEW PROCESS WITH THE OTHER OFFICERS OF THE ORGANIZATION AND ALSO ADMINISTERS ANY BOARD APPROVED SALARY INCREASES AS WARRANTED. PART VI SECTION C 19 GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST AS WELL AS THE MONTHLY FINANCIAL STATEMENTS. THE FINANCIAL STATEMENTS ARE ALSO POSTED IN THE BRANCHES FOR REVIEW BY THE PUBLIC.</Explanation>
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          <State>OR</State>
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      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>true</SaleOfAssetsToOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
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      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
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          <BusinessNameLine1>OREGON FINANCIAL SERVICES LLC</BusinessNameLine1>
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      <TransactionsRelatedOrgsTable>
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          <BusinessNameLine1>OREGON FINANCIAL SERVICES LLC</BusinessNameLine1>
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        <MethodOfAmtDetermination>COST BASIS</MethodOfAmtDetermination>
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</Return>