TY 2017 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2019

Open to Public Inspection

For calendar year 2019, or tax year beginning 10-01-2017 , and ending 09-30-2018

Name of foundation
FUND FOR EUROPEAN SCOUTING XXXXX6001

Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603

A Employer identification number

13-6804976

B Telephone number (see instructions)

(800) 496-2583

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$28,811,439J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	564,892		564,107
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,727,124
b	Gross sales price for all assets on line 6a 7,575,553
7	Capital gain net income (from Part IV, line 2)...			1,727,124
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	2,292,016		2,291,231
13	Compensation of officers, directors, trustees, etc.	150,629		90,378		60,252
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		14,509	14,509		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	165,138		104,887	0	60,252
25	Contributions, gifts, grants paid.......	1,405,176				1,405,176
26	Total expenses and disbursements. Add lines 24 and 25	1,570,314		104,887	0	1,465,428
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	721,702
b	Net investment income (if negative, enter -0-)			2,186,344
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2019)

Form 990-PF (2019)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,089,526	229,683	229,683
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	15,012,416	16,296,120	23,254,269
	c	Investments—corporate bonds (attach schedule).......	2,945,025	3,133,827	3,073,246
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,146,376	2,255,112	2,254,241
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	21,193,343	21,914,742	28,811,439
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	21,193,343	21,914,742
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	21,193,343	21,914,742
	30	Total liabilities and net assets/fund balances (see instructions).	21,193,343	21,914,742

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

21,193,343

Enter amount from Part I, line 27a .....................

721,702

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

21,915,050

Decreases not included in line 2 (itemize) bullet

308

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

21,914,742

Form 990-PF (2019)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	25. ALEXION PHARMACEUTICALS INC		2016-04-06	2017-10-03
b	73. ALEXION PHARMACEUTICALS INC			2017-10-03
c	64. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-03
d	82. BROADCOM LTD			2017-10-03
e	6. BROADCOM LTD		2013-04-25	2017-10-03
	20. BROADCOM LTD		2013-04-25	2017-10-03
	13. ALEXION PHARMACEUTICALS INC		2013-05-07	2017-10-04
	11. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-04
	64. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-04
	4. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-04
	30. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-04
	8. HARTFORD FINL SVCS GROUP INC		2016-12-16	2017-10-04
	5. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-04
	31. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-05
	2. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-05
	7. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-06
	19. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-09
	3. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-09
	837. GENERAL ELEC CO			2017-10-10
	29. AT&T INC		2015-06-01	2017-10-17
	11. ABBOTT LABS		2015-04-21	2017-10-17
	13. ADOBE SYS INC		2013-05-09	2017-10-17
	21. AGILENT TECHNOLOGIES INC			2017-10-17
	4. ALPHABET INC/CA-CL C		2014-09-09	2017-10-17
	2. ALPHABET INC/CA-CL A		2015-10-30	2017-10-17
	3. AMAZON COM INC		2015-10-30	2017-10-17
	18. AMERICAN INTL GROUP INC NEW		2016-08-17	2017-10-17
	10. ANADARKO PETE CORP			2017-10-17
	12. ANALOG DEVICES INC		2016-10-31	2017-10-17
	32. APPLE COMPUTER INC		2017-02-02	2017-10-17
	12859.143 ARTISAN INTL VALUE FD-INS		2012-10-17	2017-10-17
	73. BANK OF AMERICA CORPORATION		2016-11-09	2017-10-17
	12. BANK OF NEW YORK MELLON CORP		2016-11-07	2017-10-17
	7. BERKSHIRE HATHAWAY INC DEL CL B		2017-08-14	2017-10-17
	2. BIOGEN IDEC INC		2016-07-26	2017-10-17
	1. BLACKROCK INC		2015-01-14	2017-10-17
	50. BOSTON SCIENTIFIC CORP		2016-09-15	2017-10-17
	21. BRISTOL MYERS SQUIBB CO		2017-02-23	2017-10-17
	3. CIGNA CORP		2017-08-21	2017-10-17
	13. CMS ENERGY CORP		2015-12-02	2017-10-17
	8. CELGENE CORP.		2016-10-27	2017-10-17
	4. CHARTER COMMUNICATIONS INC-A		2016-12-15	2017-10-17
	31. CITIGROUP INC NEW		2017-05-15	2017-10-17
	25. COMCAST CORP NEW CL A		2011-09-30	2017-10-17
	7. CONCHO RESOURCES INC		2017-05-15	2017-10-17
	6. DIAMONDBACK ENERGY INC		2017-05-15	2017-10-17
	20. DISNEY WALT CO		2017-01-31	2017-10-17
	12. DISH NETWORK CORP		2016-09-23	2017-10-17
	35. DOWDUPONT INC			2017-10-17
	17. EOG RESOURCES INC		2016-09-15	2017-10-17
	9. EQT CORPORATION		2015-07-27	2017-10-17
	10. EASTMAN CHEM CO		2016-07-07	2017-10-17
	12. FACEBOOK INC-A		2017-06-30	2017-10-17
	12. FIDELITY NATL INFORMATION SVCS INC			2017-10-17
	6. GENERAL DYNAMICS CORP		2017-02-10	2017-10-17
	41. GENERAL ELEC CO		2016-09-15	2017-10-17
	7. GILEAD SCIENCES INC		2014-12-11	2017-10-17
	4. GOLDMAN SACHS GROUP INC		2016-02-05	2017-10-17
	14. HARTFORD FINL SVCS GROUP INC		2016-09-09	2017-10-17
	12. HOME DEPOT INC		2012-03-20	2017-10-17
	18. HONEYWELL INTL INC		2013-10-23	2017-10-17
	8. INTERCONTINENTALEXCHANGE GROUP, INC		2017-02-01	2017-10-17
	29900.639 JPMORGAN EQUITY INCOME-R6		2010-02-25	2017-10-17
	8166.155 JPM GLBL RES ENH INDEX FD - SEL		2014-12-18	2017-10-17
	9208.386 JPMORGAN CORE BOND FUND ULTRA		2016-02-24	2017-10-17
	42. KEYCORP NEW			2017-10-17
	10. THE KRAFT HEINZ CO			2017-10-17
	16. LILLY ELI & CO		2015-07-08	2017-10-17
	29. LOWES COS INC		2010-02-19	2017-10-17
	4. MARTIN MARIETTA MATLS INC			2017-10-17
	25. MASCO CORP			2017-10-17
	13. MASTERCARD INC - CLASS A		2015-04-22	2017-10-17
	20. MERCK & CO INC		2017-10-03	2017-10-17
	13. METLIFE INC		2017-08-25	2017-10-17
	61. MICROSOFT CORP			2017-10-17
	6. MICROCHIP TECHNOLOGY INC		2017-04-18	2017-10-17
	10. MOLSON COORS BREWING CO			2017-10-17
	29. MONDELEZ INTERNATIONAL-W/I			2017-10-17
	57. MORGAN STANLEY DEAN WITTER & CO NEW		2015-06-04	2017-10-17
	4. NEXTERA ENERGY INC		2016-10-18	2017-10-17
	15. NIKE INC		2017-02-23	2017-10-17
	32. NISOURCE INC		2015-12-02	2017-10-17
	2. NORFOLK SOUTHN CORP		2017-02-01	2017-10-17
	5. NORTHROP GRUMMAN CORP		2017-10-10	2017-10-17
	4. NVIDIA CORP		2017-10-03	2017-10-17
	5. O'REILLY AUTOMOTIVE INC		2016-11-15	2017-10-17
	31. OCCIDENTAL PETE CORP			2017-10-17
	4. PNC FINL SVCS GROUP INC		2017-07-13	2017-10-17
	13. PEPSICO INC		2015-10-29	2017-10-17
	61. PFIZER INC		2016-07-05	2017-10-17
	14. PHILIP MORRIS INTERNATIONAL		2017-08-01	2017-10-17
	9. PIONEER NAT RES CO			2017-10-17
	4. SVB FINANCIAL GROUP		2015-08-12	2017-10-17
	18. SCHWAB CHARLES CORP NEW		2016-06-03	2017-10-17
	11. STANLEY BLACK & DECKER,INC.			2017-10-17
	16. TJX COS INC NEW		2016-12-08	2017-10-17
	15. TEXAS INSTRS INC		2016-03-10	2017-10-17
	25. TWENTY-FIRST CENTURY FOX-A		2014-04-29	2017-10-17
	10. UNION PAC CORP		2017-05-18	2017-10-17
	14. STADA ARZNEIMITTEL AG		2014-04-22	2017-10-17
	14. UNITEDHEALTH GROUP INC		2016-09-15	2017-10-17
	6. VANTIV INC - CL A		2017-09-22	2017-10-17
	6. VERTEX PHARMACEUTICALS INC		2015-09-29	2017-10-17
	9. VISA INC CLASS A SHARES		2015-10-19	2017-10-17
	5. WALGREENS BOOTS ALLIANCE INC		2017-01-30	2017-10-17
	12. WASTE CONNECTIONS INC		2016-08-11	2017-10-17
	35. WELLS FARGO & CO NEW		2017-06-30	2017-10-17
	5. WEX INC		2016-06-02	2017-10-17
	4. WORKDAY INC-CLASS A		2016-08-10	2017-10-17
	9. ALLEGION PLC			2017-10-17
	10. ALLERGAN PLC		2015-11-23	2017-10-17
	9. ACCENTURE PLC		2016-02-10	2017-10-17
	6. DELPHI AUTOMOTIVE PLC		2017-05-18	2017-10-17
	14. INGERSOLL-RAND PLC			2017-10-17
	13. CHUBB LTD		2016-08-17	2017-10-17
	10. BROADCOM LTD		2013-04-25	2017-10-17
	11257.832 VANGUARD TOTAL INTL BND-ADM		2017-04-12	2017-10-18
	111. AT&T INC		2015-06-01	2017-10-27
	365. AT&T INC			2017-10-27
	339. AT&T INC			2017-10-30
	289. AT&T INC		2015-06-02	2017-10-30
	112. ANALOG DEVICES INC			2017-11-10
	50. BIOGEN IDEC INC			2017-11-10
	92. ANALOG DEVICES INC			2017-11-13
	29928.125 PIMCO FDS PAC INVT MGMT SER HIGH YLD FD INSTL CL		2016-04-01	2017-11-17
	231. TJX COS INC NEW			2017-11-17
	8. TJX COS INC NEW		2016-12-05	2017-11-17
	32. TJX COS INC NEW		2016-12-05	2017-11-17
	153. PNC FINL SVCS GROUP INC			2017-11-20
	18. BLACKROCK INC			2017-11-21
	41. ADOBE SYS INC		2013-05-09	2017-12-04
	5. ADOBE SYS INC		2013-05-09	2017-12-05
	8. ADOBE SYS INC		2013-05-09	2017-12-05
	48. ADOBE SYS INC			2017-12-05
	24. ADOBE SYS INC		2012-11-05	2017-12-05
	270. GENERAL ELEC CO			2017-12-05
	170. GENERAL ELEC CO		2015-09-08	2017-12-05
	394. GENERAL ELEC CO		2015-09-08	2017-12-05
	39. GENERAL ELEC CO		2015-09-08	2017-12-06
	491. GENERAL ELEC CO			2017-12-06
	316. GENERAL ELEC CO			2017-12-06
	. BANK OF AMERICA CORPORATION			2017-12-12
	78. STADA ARZNEIMITTEL AG		2014-04-22	2017-12-13
	239. STADA ARZNEIMITTEL AG			2017-12-13
	196. STADA ARZNEIMITTEL AG			2017-12-13
	. DELPHI TECHNOLOGIES PLC			2017-12-26
	43. BLACKROCK INC		2014-10-29	2018-01-11
	54. CMS ENERGY CORP		2015-12-02	2018-01-11
	109. CMS ENERGY CORP		2015-12-02	2018-01-11
	392. THE KRAFT HEINZ CO			2018-01-11
	42. CMS ENERGY CORP		2015-12-02	2018-01-12
	13. CMS ENERGY CORP		2015-12-02	2018-01-12
	414. CMS ENERGY CORP			2018-01-12
	7685.032 EDGEWOOD GROWTH FUND		2010-02-25	2018-01-19
	28944.432 EQUINOX CAMPBELL STRATEGY-I		2016-02-11	2018-01-19
	10805.398 JPMORGAN GL RES ENH IDX-R6		2014-12-18	2018-01-19
	6683.378 JPMORGAN US L/C CORE PL-R6		2007-02-27	2018-01-19
	4999.359 JPMORGAN CORE BOND FUND ULTRA		2016-02-24	2018-01-19
	30672.489 NEUBERGER BERMAN MULTI CAP		2011-08-15	2018-01-19
	84. APPLE COMPUTER INC		2017-02-02	2018-01-26
	79. APPLE COMPUTER INC			2018-01-26
	377. TJX COS INC NEW			2018-01-26
	85. DELPHI TECHNOLOGIES PLC			2018-01-26
	7. DELPHI TECHNOLOGIES PLC			2018-01-26
	13. WELLS FARGO & CO NEW		2017-06-30	2018-02-06
	5. WELLS FARGO & CO NEW		2017-06-30	2018-02-06
	153. WELLS FARGO & CO NEW		2017-06-30	2018-02-06
	164. WELLS FARGO & CO NEW			2018-02-06
	14087.664 PIMCO SHORT TERM FUND INSTL		2018-01-19	2018-02-07
	59999.484 PIMCO FDS PAC INVT MGMT SER HIGH YLD FD INSTL CL			2018-02-08
	21246.573 T ROWE PR EMERG MKTS BND-I		2016-07-14	2018-02-09
	64. ANADARKO PETE CORP			2018-02-22
	36. ANADARKO PETE CORP			2018-02-22
	28. ANADARKO PETE CORP			2018-02-22
	36. ANADARKO PETE CORP			2018-02-22
	252. ANADARKO PETE CORP			2018-02-22
	8. ANADARKO PETE CORP		2017-01-30	2018-02-22
	123. CIGNA CORP			2018-02-22
	271. METLIFE INC			2018-02-22
	54. METLIFE INC			2018-02-22
	191. METLIFE INC			2018-02-22
	3. CONCHO RESOURCES INC		2017-05-15	2018-03-09
	7. CONCHO RESOURCES INC		2017-05-15	2018-03-09
	1. CONCHO RESOURCES INC		2017-05-15	2018-03-09
	12. CONCHO RESOURCES INC			2018-03-09
	12. CONCHO RESOURCES INC		2016-07-22	2018-03-09
	73. CONCHO RESOURCES INC		2017-05-15	2018-03-09
	6. CONCHO RESOURCES INC			2018-03-09
	130. INTERNATIONAL BUSINESS MACHS CORP		2017-12-04	2018-03-09
	178. INGERSOLL-RAND PLC			2018-03-09
	21. INGERSOLL-RAND PLC		2017-05-18	2018-03-09
	1. CONCHO RESOURCES INC		2016-07-22	2018-03-12
	6. CONCHO RESOURCES INC			2018-03-12
	11. ABBOTT LABS		2015-04-21	2018-04-06
	466. ABBOTT LABS			2018-04-06
	13. MARTIN MARIETTA MATLS INC		2015-08-14	2018-04-06
	224. WALGREENS BOOTS ALLIANCE INC		2017-01-30	2018-04-06
	78. MARTIN MARIETTA MATLS INC		2015-08-14	2018-04-09
	66. MARTIN MARIETTA MATLS INC			2018-04-10
	52. COMCAST CORP NEW CL A			2018-04-13
	664. COMCAST CORP NEW CL A		2018-01-11	2018-04-13
	21. INTERNATIONAL BUSINESS MACHS CORP			2018-04-13
	2. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-13
	100. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-13
	89. MOLSON COORS BREWING CO			2018-04-13
	204. MOLSON COORS BREWING CO			2018-04-13
	1. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-16
	4. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-16
	4. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-16
	15. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-16
	135. MOLSON COORS BREWING CO			2018-04-16
	7. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	1. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	13. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	5. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	11. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	1. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-17
	5. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-18
	7. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-18
	10. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-18
	6. INTERNATIONAL BUSINESS MACHS CORP		2017-11-21	2018-04-18
	90. AGILENT TECHNOLOGIES INC			2018-04-26
	11. AGILENT TECHNOLOGIES INC		2017-05-05	2018-04-26
	138. APPLE COMPUTER INC			2018-04-26
	27. AGILENT TECHNOLOGIES INC		2017-05-05	2018-04-27
	64. AGILENT TECHNOLOGIES INC			2018-04-27
	167. AGILENT TECHNOLOGIES INC			2018-04-30
	83. INGERSOLL-RAND PLC			2018-05-15
	12. INGERSOLL-RAND PLC		2017-02-10	2018-05-15
	47. INGERSOLL-RAND PLC			2018-05-15
	16. INGERSOLL-RAND PLC		2017-02-10	2018-05-15
	159. INGERSOLL-RAND PLC		2017-02-10	2018-05-15
	16. CONCHO RESOURCES INC		2016-07-22	2018-05-22
	22. CONCHO RESOURCES INC		2016-07-22	2018-05-22
	110. CONCHO RESOURCES INC			2018-05-22
	10. PHILIP MORRIS INTERNATIONAL		2017-08-01	2018-05-22
	75. PHILIP MORRIS INTERNATIONAL			2018-05-22
	36. PHILIP MORRIS INTERNATIONAL		2017-08-01	2018-05-22
	9. PHILIP MORRIS INTERNATIONAL		2017-08-01	2018-05-22
	9. PHILIP MORRIS INTERNATIONAL		2017-08-01	2018-05-23
	79. PHILIP MORRIS INTERNATIONAL		2017-05-18	2018-05-23
	33. PHILIP MORRIS INTERNATIONAL		2017-08-01	2018-05-23
	3905. ISHARES CORE MSCI EAFE ETF		2018-01-19	2018-06-11
	1. LOWES COS INC		2010-02-19	2018-06-12
	162. LOWES COS INC			2018-06-12
	7332.35 AQR LONG-SHORT EQUITY-R6		2017-07-05	2018-07-11
	33082.151 AQR MANAGED FUTURES STR-R6		2018-01-19	2018-07-11
	13637.675 CRM LONG/SHORT OPPORTUNITIES FUND		2017-07-05	2018-07-11
	7. AMERISOURCEBERGEN CORP		2018-04-09	2018-07-18
	9. AMERISOURCEBERGEN CORP		2018-04-09	2018-07-18
	108. CAPITAL ONE FINL CORP		2018-01-11	2018-07-18
	161. CAPITAL ONE FINL CORP		2018-01-11	2018-07-18
	259. DISH NETWORK CORP			2018-07-18
	244. DISH NETWORK CORP			2018-07-18
	18. AMERISOURCEBERGEN CORP		2018-04-09	2018-07-19
	3. AMERISOURCEBERGEN CORP		2018-04-09	2018-07-19
	54. AMERISOURCEBERGEN CORP			2018-07-19
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-19
	22723.298 BROWN ADV JAPAN ALPHA OPP-IS		2018-01-19	2018-07-19
	25039.677 BROWN ADV JAPAN ALPHA OPP-IS		2014-03-07	2018-07-19
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-20
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-20
	12. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-20
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-20
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-23
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-23
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-23
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-23
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-24
	6. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-24
	4. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-24
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-24
	7. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-24
	4. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-25
	6. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-25
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-25
	7. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-25
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-25
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-26
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-26
	11. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-26
	24. EQT CORPORATION		2015-07-27	2018-07-26
	87. EQT CORPORATION		2015-07-27	2018-07-26
	75. EQT CORPORATION		2015-07-27	2018-07-26
	213. EQT CORPORATION			2018-07-26
	6. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-27
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-27
	4. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-30
	5. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-30
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-30
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-30
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-31
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-31
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-31
	5. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-31
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-07-31
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-01
	2. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-01
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-01
	8. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-01
	16. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-02
	5. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-03
	6. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-03
	3. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-06
	1. AMERISOURCEBERGEN CORP		2018-04-06	2018-08-06
	275. TWENTY-FIRST CENTURY FOX-A		2014-04-29	2018-08-09
	4082.035 EDGEWOOD GROWTH FUND		2010-02-25	2018-08-17
	2374.762 NEUBERGER BERMAN MULTI CAP		2011-08-15	2018-08-17
	315. NIKE INC		2017-02-23	2018-08-23
	273. NIKE INC		2017-10-03	2018-08-23
	153. AMERICAN INTL GROUP INC NEW			2018-09-11
	213. AMERICAN INTL GROUP INC NEW			2018-09-11
	213. FACEBOOK INC-A			2018-09-13
	135. MICROCHIP TECHNOLOGY INC			2018-09-13
	44. MICROCHIP TECHNOLOGY INC			2018-09-13
	27. MICROCHIP TECHNOLOGY INC			2018-09-13
	3. MICROCHIP TECHNOLOGY INC			2018-09-13
	1. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-13
	7. MICROCHIP TECHNOLOGY INC			2018-09-13
	38. MICROCHIP TECHNOLOGY INC			2018-09-14
	18. MICROCHIP TECHNOLOGY INC			2018-09-14
	1. MICROCHIP TECHNOLOGY INC		2017-04-13	2018-09-14
	3. MICROCHIP TECHNOLOGY INC		2017-04-13	2018-09-14
	7. MICROCHIP TECHNOLOGY INC			2018-09-17
	17. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-17
	2. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-18
	14. MICROCHIP TECHNOLOGY INC			2018-09-18
	2. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-19
	3. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-19
	3. MICROCHIP TECHNOLOGY INC		2017-04-12	2018-09-19
	707. TWENTY-FIRST CENTURY FOX-A			2018-09-20
	339. TWENTY-FIRST CENTURY FOX-A		2017-11-20	2018-09-20
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,537	3,897	-360
b	10,329	7,174	3,155
c	3,548	3,048	500
d	19,607	3,407	16,200
e	1,432	237	1,195
	4,778	791	3,987
	1,835	1,256	579
	612	524	88
	3,563	3,048	515
	222	191	31
	1,671	1,429	242
	446	381	65
	279	206	73
	1,727	1,279	448
	111	83	28
	391	289	102
	1,056	784	272
	167	124	43
	19,820	25,368	-5,548
	1,050	1,002	48
	606	518	88
	1,954	574	1,380
	1,389	1,194	195
	3,969	2,332	1,637
	2,022	1,487	535
	3,023	1,889	1,134
	1,145	1,063	82
	487	727	-240
	1,067	771	296
	5,134	4,103	1,031
	511,408	380,207	131,201
	1,912	1,307	605
	647	527	120
	1,312	1,241	71
	690	532	158
	475	345	130
	1,469	1,175	294
	1,348	1,168	180
	563	534	29
	621	453	168
	1,115	839	276
	1,430	1,165	265
	2,237	1,905	332
	911	268	643
	932	941	-9
	615	625	-10
	1,966	2,207	-241
	587	647	-60
	2,480	2,231	249
	1,655	1,554	101
	569	684	-115
	872	671	201
	2,110	1,814	296
	1,132	786	346
	1,269	1,104	165
	950	1,220	-270
	563	741	-178
	942	627	315
	781	578	203
	1,958	593	1,365
	2,579	1,548	1,031
	545	469	76
	500,537	229,936	270,601
	179,900	152,299	27,601
	107,554	108,383	-829
	762	507	255
	774	877	-103
	1,376	1,402	-26
	2,346	669	1,677
	813	699	114
	972	363	609
	1,896	1,191	705
	1,265	1,289	-24
	680	624	56
	4,724	3,336	1,388
	550	442	108
	828	943	-115
	1,191	1,301	-110
	2,792	2,223	569
	610	501	109
	779	869	-90
	845	618	227
	259	240	19
	1,471	1,466	5
	790	717	73
	1,062	1,340	-278
	2,002	2,672	-670
	537	512	25
	1,459	1,335	124
	2,207	2,187	20
	1,577	1,633	-56
	1,303	1,582	-279
	727	554	173
	781	525	256
	1,724	1,209	515
	1,147	1,248	-101
	1,412	830	582
	671	801	-130
	1,106	1,074	32
	944	640	304
	2,873	1,896	977
	414	432	-18
	933	600	333
	968	694	274
	337	406	-69
	843	633	210
	1,862	1,942	-80
	610	472	138
	430	330	100
	783	602	181
	1,983	3,029	-1,046
	1,248	856	392
	581	511	70
	1,275	1,253	22
	1,949	1,639	310
	2,431	396	2,035
	246,209	244,633	1,576
	3,769	3,834	-65
	12,368	12,602	-234
	11,469	11,686	-217
	9,698	9,950	-252
	10,035	7,196	2,839
	15,521	8,662	6,859
	8,243	5,894	2,349
	268,156	250,498	17,658
	16,333	17,971	-1,638
	566	619	-53
	2,276	2,475	-199
	20,394	19,504	890
	8,664	6,008	2,656
	6,925	1,811	5,114
	845	221	624
	1,340	353	987
	8,156	1,980	6,176
	4,040	819	3,221
	4,789	7,855	-3,066
	3,030	4,240	-1,210
	7,011	9,827	-2,816
	694	973	-279
	8,709	12,155	-3,446
	5,576	7,731	-2,155
	139		139
	4,905	3,567	1,338
	15,023	9,408	5,615
	12,318	7,421	4,897
	18		18
	23,018	14,212	8,806
	2,396	1,881	515
	4,858	3,798	1,060
	30,316	32,784	-2,468
	1,863	1,463	400
	577	453	124
	18,279	14,359	3,920
	244,384	74,084	170,300
	314,915	336,334	-21,419
	255,115	201,521	53,594
	212,598	125,317	87,281
	57,443	58,843	-1,400
	596,580	290,775	305,805
	14,311	10,772	3,539
	13,460	4,376	9,084
	30,333	21,666	8,667
	4,764	3,685	1,079
	392	303	89
	754	721	33
	289	277	12
	8,785	8,489	296
	9,294	8,917	377
	139,327	139,045	282
	528,595	484,542	44,053
	257,296	267,397	-10,101
	3,743	4,606	-863
	2,128	2,572	-444
	1,640	1,986	-346
	2,122	2,550	-428
	14,747	17,441	-2,694
	469	548	-79
	23,730	21,853	1,877
	12,719	12,916	-197
	2,548	2,547	1
	8,980	8,955	25
	457	403	54
	1,071	941	130
	153	134	19
	1,839	1,612	227
	1,829	1,474	355
	11,126	9,796	1,330
	920	735	185
	20,584	20,343	241
	15,873	15,785	88
	1,872	1,847	25
	153	122	31
	922	734	188
	644	518	126
	26,960	20,006	6,954
	2,630	2,264	366
	14,215	18,186	-3,971
	15,654	13,583	2,071
	13,510	10,579	2,931
	1,717	501	1,216
	21,931	28,083	-6,152
	3,291	3,227	64
	314	304	10
	15,699	15,195	504
	6,503	8,225	-1,722
	14,962	15,078	-116
	159	152	7
	633	608	25
	635	608	27
	2,369	2,279	90
	9,934	9,874	60
	1,113	1,064	49
	160	152	8
	2,082	1,975	107
	804	760	44
	1,749	1,671	78
	160	152	8
	744	760	-16
	1,044	1,064	-20
	1,489	1,520	-31
	893	912	-19
	5,979	5,107	872
	731	624	107
	22,676	4,053	18,623
	1,785	1,531	254
	4,243	3,626	617
	11,038	9,440	1,598
	7,378	7,293	85
	1,067	981	86
	4,170	3,842	328
	1,421	1,307	114
	14,122	12,984	1,138
	2,461	1,957	504
	3,373	2,690	683
	16,539	13,077	3,462
	800	1,166	-366
	5,998	8,732	-2,734
	2,879	4,190	-1,311
	720	1,047	-327
	720	1,047	-327
	6,421	8,992	-2,571
	2,682	3,840	-1,158
	261,685	272,070	-10,385
	101	23	78
	16,303	3,478	12,825
	93,267	101,993	-8,726
	289,469	315,935	-26,466
	147,423	139,377	8,046
	604	604
	778	777	1
	10,491	11,233	-742
	15,623	16,745	-1,122
	8,087	13,742	-5,655
	7,609	11,279	-3,670
	1,532	1,553	-21
	258	259	-1
	4,609	4,632	-23
	252	256	-4
	241,321	274,952	-33,631
	265,921	250,397	15,524
	170	171	-1
	169	171	-2
	1,021	1,025	-4
	85	85
	254	256	-2
	85	85
	256	256
	85	85
	85	85
	508	513	-5
	339	342	-3
	84	85	-1
	588	598	-10
	337	342	-5
	508	513	-5
	170	171	-1
	593	598	-5
	170	171	-1
	85	85
	83	85	-2
	915	940	-25
	1,301	1,823	-522
	4,727	6,608	-1,881
	4,077	5,696	-1,619
	11,537	14,519	-2,982
	501	513	-12
	166	171	-5
	332	342	-10
	417	427	-10
	249	256	-7
	84	85	-1
	82	85	-3
	83	85	-2
	83	85	-2
	409	427	-18
	82	85	-3
	246	256	-10
	162	171	-9
	79	85	-6
	642	684	-42
	1,262	1,367	-105
	403	427	-24
	484	513	-29
	246	256	-10
	81	85	-4
	12,550	8,814	3,736
	141,443	39,351	102,092
	47,044	22,513	24,531
	26,138	18,242	7,896
	22,653	14,068	8,585
	7,990	8,989	-999
	11,124	12,833	-1,709
	34,594	19,347	15,247
	11,366	9,893	1,473
	3,698	3,201	497
	2,266	1,959	307
	252	217	35
	84	72	12
	589	507	82
	3,193	2,747	446
	1,526	1,301	225
	85	72	13
	255	217	38
	574	506	68
	1,385	1,228	157
	163	144	19
	1,129	1,011	118
	162	144	18
	243	216	27
	243	216	27
	31,573	21,955	9,618
	15,139	10,405	4,734
			404,934

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-360
b			3,155
c			500
d			16,200
e			1,195
			3,987
			579
			88
			515
			31
			242
			65
			73
			448
			28
			102
			272
			43
			-5,548
			48
			88
			1,380
			195
			1,637
			535
			1,134
			82
			-240
			296
			1,031
			131,201
			605
			120
			71
			158
			130
			294
			180
			29
			168
			276
			265
			332
			643
			-9
			-10
			-241
			-60
			249
			101
			-115
			201
			296
			346
			165
			-270
			-178
			315
			203
			1,365
			1,031
			76
			270,601
			27,601
			-829
			255
			-103
			-26
			1,677
			114
			609
			705
			-24
			56
			1,388
			108
			-115
			-110
			569
			109
			-90
			227
			19
			5
			73
			-278
			-670
			25
			124
			20
			-56
			-279
			173
			256
			515
			-101
			582
			-130
			32
			304
			977
			-18
			333
			274
			-69
			210
			-80
			138
			100
			181
			-1,046
			392
			70
			22
			310
			2,035
			1,576
			-65
			-234
			-217
			-252
			2,839
			6,859
			2,349
			17,658
			-1,638
			-53
			-199
			890
			2,656
			5,114
			624
			987
			6,176
			3,221
			-3,066
			-1,210
			-2,816
			-279
			-3,446
			-2,155
			139
			1,338
			5,615
			4,897
			18
			8,806
			515
			1,060
			-2,468
			400
			124
			3,920
			170,300
			-21,419
			53,594
			87,281
			-1,400
			305,805
			3,539
			9,084
			8,667
			1,079
			89
			33
			12
			296
			377
			282
			44,053
			-10,101
			-863
			-444
			-346
			-428
			-2,694
			-79
			1,877
			-197
			1
			25
			54
			130
			19
			227
			355
			1,330
			185
			241
			88
			25
			31
			188
			126
			6,954
			366
			-3,971
			2,071
			2,931
			1,216
			-6,152
			64
			10
			504
			-1,722
			-116
			7
			25
			27
			90
			60
			49
			8
			107
			44
			78
			8
			-16
			-20
			-31
			-19
			872
			107
			18,623
			254
			617
			1,598
			85
			86
			328
			114
			1,138
			504
			683
			3,462
			-366
			-2,734
			-1,311
			-327
			-327
			-2,571
			-1,158
			-10,385
			78
			12,825
			-8,726
			-26,466
			8,046

			1
			-742
			-1,122
			-5,655
			-3,670
			-21
			-1
			-23
			-4
			-33,631
			15,524
			-1
			-2
			-4

			-2




			-5
			-3
			-1
			-10
			-5
			-5
			-1
			-5
			-1

			-2
			-25
			-522
			-1,881
			-1,619
			-2,982
			-12
			-5
			-10
			-10
			-7
			-1
			-3
			-2
			-2
			-18
			-3
			-10
			-9
			-6
			-42
			-105
			-24
			-29
			-10
			-4
			3,736
			102,092
			24,531
			7,896
			8,585
			-999
			-1,709
			15,247
			1,473
			497
			307
			35
			12
			82
			446
			225
			13
			38
			68
			157
			19
			118
			18
			27
			27
			9,618
			4,734

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,727,124
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2018	1,459,701	25,728,766	0.056734
2017	1,481,843	24,418,666	0.060685
2016	1,374,015	26,479,788	0.051889
2015	1,244,561	26,813,612	0.046415
2014	1,454,818	24,735,429	0.058815

Total of line 1, column (d) .....................

0.274538

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.054908

Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......

27,485,248

Multiply line 4 by line 3......................

1,509,160

Enter 1% of net investment income (1% of Part I, line 27b)...........

21,863

Add lines 5 and 6........................

1,531,023

Enter qualifying distributions from Part XII, line 4,.............

1,465,428

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2019)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	43,727
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	43,727
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	43,727
6	Credits/Payments:

a	2019 estimated tax payments and 2018 overpayment credited to 2019	6a	61,513
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	61,513
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	17,786
11	Enter the amount of line 10 to be: Credited to 2020 estimated tax17,786	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2019)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

JPMORGAN CHASE BANK NA Telephone no. bullet

(800) 496-2583

Located at bullet

10 S DEARBORN IL1-0111CHICAGOIL ZIP+4 bullet

60603

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2019?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2019, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2019?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2019.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?

Form 990-PF (2019)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JPMORGAN CHASE BANK	TRUSTEE 2	150,629
10 S DEARBORN IL1-0111 CHICAGO,IL60603	TRUSTEE 2	150,629

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2019)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2019)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

24,639,293

Average of monthly cash balances.......................

3,264,512

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

27,903,805

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

27,903,805

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

418,557

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

27,485,248

Minimum investment return. Enter 5% of line 5..................

1,374,262

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,374,262

Tax on investment income for 2019 from Part VI, line 5......

43,727

Income tax for 2019. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

43,727

Distributable amount before adjustments. Subtract line 2c from line 1............

1,330,535

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,330,535

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,330,535

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,465,428

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,465,428

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,465,428

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2019)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2018	(c) 2018	(d) 2019
1 Distributable amount for 2019 from Part XI, line 7					1,330,535
2 Undistributed income, if any, as of the end of 2019:
a Enter amount for 2018 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2019:
a From 2014......	248,979
b From 2015......	0
c From 2016......	72,712
d From 2017......	270,270
e From 2018......	209,201
fTotal of lines 3a through e........		801,162
4Qualifying distributions for 2019 from Part
XII, line 4: $ 1,465,428
a Applied to 2018, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2019 distributable amount.....					1,330,535
e Remaining amount distributed out of corpus		134,893
5 Excess distributions carryover applied to 2019.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		936,055
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2018. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2019. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2020 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2014 not applied on line 5 or line 7 (see instructions) ...		248,979
9Excess distributions carryover to 2020. Subtract lines 7 and 8 from line 6a ......		687,076
10 Analysis of line 9:
a Excess from 2015....	0
b Excess from 2016....	72,712
c Excess from 2017....	270,270
d Excess from 2018....	209,201
e Excess from 2019....	134,893

Form 990-PF (2019)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2019	(b) 2018	(c) 2017	(d) 2016	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2019)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
European Region Scouting Organization RUE HENRI- CHRISTINE 5 Geneva,NANA SZ	NONE	NC	GENERAL	1,405,176
Total ................................. 3a				1,405,176

bApproved for future payment

Total ................................. 3b

Form 990-PF (2019)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	564,892
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	1,727,124
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				2,292,016

13Total. Add line 12, columns (b), (d), and (e)..................

2,292,016

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2019)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.) Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2019)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
256210105 DODGE & COX INCOME F	399,434	391,860
4812C0100 JPM CORE BD FD - R6	572,220	551,122
258620103 DOUBLELINE TOTL RET	421,891	392,218
693390841 PIMCO FD PAC INV MGM
77956H534 T ROWE PR EMERG MKTS
92203J308 VANGUARD TOTAL INTL	1,122,737	1,120,272
693390-60-1 PIMCO SHORT-TERM F	278,847	279,280
921937-82-7 VANGUARD SHORT-TER	338,698	338,494

Name of Stock	End of Year Book Value	End of Year Fair Market Value
00206R102 AT&T INC
026874784 AMERICAN INTERNATION	30,887	29,282
060505104 BANK OF AMERICA CORP	58,885	119,048
064058100 BANK OF NEW YORK MEL	32,575	34,826
084670702 BERKSHIRE HATHAWAY I	70,482	83,289
09247X101 BLACKROCK INC
172967424 CITIGROUP INC	63,000	101,656
38141G104 GOLDMAN SACHS GROUP	26,326	39,242
416515104 HARTFORD FINANCIAL S	18,339	27,378
45866F104 INTERCONTINENTAL EXC	18,327	23,590
493267108 KEYCORP	18,843	34,131
59156R108 METLIFE INC
617446448 MORGAN STANLEY	60,269	106,645
693475105 PNC FINANCIAL SERVIC
78486Q101 SVB FINANCIAL GROUP	20,505	50,665
808513105 SCHWAB (CHARLES) COR	21,601	37,452
92826C839 VISA INC-CLASS A SHA	31,174	60,937
949746101 WELLS FARGO & CO	40,690	87,197
002824100 ABBOTT LABORATORIES
015351109 ALEXION PHARMACEUTIC
09062X103 BIOGEN INC	2,250	17,666
101137107 BOSTON SCIENTIFIC CO	43,908	77,616
110122108 BRISTOL-MYERS SQUIBB	40,788	57,983
125509109 CIGNA CORP
125896100 CMS ENERGY CORP
151020104 CELGENE CORP	18,464	28,458
16119P108 CHARTER COMMUNICATIO	57,102	74,627
20030N101 COMCAST CORP-CLASS A	8,249	34,525
254687106 WALT DISNEY CO/THE	96,552	112,613
25470M109 DISH NETWORK CORP-A
375558103 GILEAD SCIENCES INC	26,256	21,310
437076102 HOME DEPOT INC	19,031	99,432
500754106 THE KRAFT HEINZ CO
532457108 ELI LILLY & CO	52,445	70,503
548661107 LOWE'S COS INC	11,247	65,218
57636Q104 MASTERCARD INC-CLASS	25,157	156,495
58933Y105 MERCK & CO. INC.	49,912	55,830
60871R209 MOLSON COORS BREWING
65339F101 NEXTERA ENERGY INC	44,510	51,286
654106103 NIKE INC -CL B
67103H107 O'REILLY AUTOMOTIVE	47,552	63,907
713448108 PEPSICO INC	72,506	83,067
717081103 PFIZER INC	83,242	107,795
872540109 TJX COMPANIES INC
90130A101 TWENTY-FIRST CENTURY
91324P102 UNITEDHEALTH GROUP I	43,116	185,164
92210H105 VANTIV INC - CL A
92532F100 VERTEX PHARMACEUTICA	8,659	39,512
931427108 WALGREENS BOOTS ALLI
00846U101 AGILENT TECHNOLOGIES	18,806	28,639
260543103 DOW CHEMICAL CO/THE
277432100 EASTMAN CHEMICAL CO	27,111	40,202
369550108 GENERAL DYNAMICS COR	36,233	46,471
369604103 GENERAL ELECTRIC CO
438516106 HONEYWELL INTERNATIO	43,477	131,456
573284106 MARTIN MARIETTA MATE
574599106 MASCO CORP	12,544	38,942
609207105 MONDELEZ INTERNATION	40,384	57,996
655844108 NORFOLK SOUTHERN COR	69,372	90,611
666807102 NORTHROP GRUMMAN COR	53,517	66,648
718172109 PHILIP MORRIS INTERN	38,746	28,131
854502101 STANLEY BLACK & DECK	42,972	64,580
907818108 UNION PACIFIC CORP	62,379	94,767
910047109 UNITED CONTINENTAL H
96208T104 WEX INC	20,497	44,368
00724F101 ADOBE SYSTEMS INC	8,662	71,807
02079K107 ALPHABET INC/CA-CL C	75,511	189,762
02079K305 ALPHABET INC/CA-CL A	35,959	88,117
023135106 AMAZON.COM INC	51,463	256,384
032654105 ANALOG DEVICES INC	44,831	53,257
037833100 APPLE INC	27,559	242,896
30303M102 FACEBOOK INC-A	27,047	59,206
31620M106 FIDELITY NATIONAL IN	33,247	57,262
594918104 MICROSOFT CORP	78,242	289,242
595017104 MICROCHIP TECHNOLOGY
882508104 TEXAS INSTRUMENTS IN	36,386	73,386
98138H101 WORKDAY INC-CLASS A	14,606	25,838
032511107 ANADARKO PETROLEUM C
20605P101 CONCHO RESOURCES INC
25278X109 DIAMONDBACK ENERGY I	24,408	31,770
26875P101 EOG RESOURCES INC	70,427	108,562
26884L109 EQT CORP
65473P105 NISOURCE INC	17,840	31,225
674599105 OCCIDENTAL PETROLEUM	102,396	114,298
723787107 PIONEER NATURAL RESO	46,985	57,657
0075W0759 EDGEWOOD GROWTH FD-I	312,805	1,166,204
256206103 DODGE & COX INTL STO	927,409	1,193,052
46432F842 ISHARES CORE MSCI EA	1,157,541	1,217,456
46636U876 JPM EQ INC FD - R6 F
4812A2389 JPM US LARGE CP CORE
64122Q309 NEUBERGER BER MU/C O	541,839	1,157,980
78462F103 SPDR S&P 500 ETF TRU	980,005	1,374,233
26078J100 DOWDUPONT INC	102,849	111,256
G0176J109 ALLEGION PLC	27,238	37,677
G0177J108 ALLERGAN PLC	95,452	72,001
G1151C101 ACCENTURE PLC-CL A	32,756	66,718
G47791101 INGERSOLL-RAND PLC
H1467J104 CHUBB LTD	36,075	70,696
Y09827109 BROADCOM LTD
94106B101 WASTE CONNECTIONS IN	24,347	38,529
00171A530 AMG MANAGERS PICTET
04314H857 ARTISAN INTL VALUE F	754,626	1,049,692
115233579 BROWN ADV JAPAN ALPH
464287465 ISHARES MSCI EAFE IN	2,064,624	2,542,486
46637K513 JPM GLBL RES ENH IND
G27823106 DELPHI AUTOMOTIVE PL
025816-10-9 AMERICAN EXPRESS C	26,153	27,368
G6095L-10-9 APTIV PLC	39,109	42,034
1135F-10-1 BROADCOM INC	14,556	99,185
191216-10-0 COCA-COLA CO/THE	43,626	45,220
247361-70-2 DELTA AIR LINES IN	32,107	34,698
256746-10-8 DOLLAR TREE INC	33,425	29,603
285512-10-9 ELECTRONIC ARTS IN	30,362	32,171
518439-10-4 ESTEE LAUDER COMPA	28,963	31,534
315911-75-0 FIDELITY 500 INDEX	1,951,436	2,063,072
48129C-60-3 JPMORGAN US L/C CO	512,309	909,285
56585A-10-2 MARATHON PETROLEUM	65,736	68,854
G5960L-10-3 MEDTRONIC PLC	51,397	61,285
64110L-10-6 NETFLIX INC	40,405	40,780
67066G-10-4 NVIDIA CORP	45,519	61,543
68389X-10-5 ORACLE CORP	54,074	54,808
701094-10-4 PARKER HANNIFIN CO	33,524	29,613
701877-10-2 PARSLEY ENERGY INC	22,384	20,592
70450Y-10-3 PAYPAL HOLDINGS IN	33,432	34,170
693656-10-0 PVH CORP	32,352	30,035
79466L-30-2 SALESFORCE.COM INC	32,129	42,302
913017-10-9 UNTIED TECHNOLOGIE	32,602	37,329
981558-10-9 WROLDPLAY INC CL A	20,102	28,254
98956P-10-2 ZIMMBER HOLDINGS I	67,723	79,276
00171C-40-3 AMG MG PICTET INTL	852,047	1,120,948
46641Q-69-6 JPMORGAN BETABUILD	286,071	283,449
46641Q-71-2 JPMORGAN BETABUILD	508,348	528,616
48129C-20-7 JPMORGAN GL RES EN	1,924,207	2,598,440

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
00191K500 AQR LONG-SHORT EQUIT	AT COST	283,023	279,155
12628J881 CRM LONG/SHORT OPPOR	AT COST	259,497	281,643
29446A710 EQUINOX FDS TR IPM S	AT COST	247,588	231,466
29446A819 EQUINOX CAMPBELL STR
024525172 AMERICAN BEACON GLG	AT COST	327,748	324,893
72201M487 PIMCO UNCONSTRAINED	AT COST	516,875	536,851
00771X-43-5 CHILTON STRATEGIC	AT COST	304,446	298,340
41015K-71-4 JOHN HAN II-ABS RE	AT COST	315,935	301,893

Category	Amount	Net Investment Income
FOREIGN TAXES	192	192
FOREIGN TAXES ON QUALIFIED FOR	13,092	13,092
FOREIGN TAXES ON NONQUALIFIED	1,225	1,225