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.
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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 11-01-2017 , and ending 10-31-2018

Name of foundation
WILLIAM F BRYAN TRUST 2311000517

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 11647
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202

A Employer identification number

62-6179945

B Telephone number (see instructions)

(205) 420-7753

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

$1,893,181J 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...	65,281		65,110
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		7,989
b	Gross sales price for all assets on line 6a 450,929
7	Capital gain net income (from Part IV, line 2)...			7,989
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........	73,270		73,099
13	Compensation of officers, directors, trustees, etc.	19,144		12,769		6,375
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)...		1,116	196		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).......		1	1
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	20,261		12,966	0	6,375
25	Contributions, gifts, grants paid.......	114,000				114,000
26	Total expenses and disbursements. Add lines 24 and 25	134,261		12,966	0	120,375
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-60,991
b	Net investment income (if negative, enter -0-)			60,133
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.............	413
	2	Savings and temporary cash investments.........	39,363	9,670	9,670
	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)	134,494
	b	Investments—corporate stock (attach schedule).......	982,465
	c	Investments—corporate bonds (attach schedule).......	681,436
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		1,767,465	1,883,511
	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)	1,838,171	1,777,135	1,893,181
	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........	1,838,171	1,777,135
	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).....	1,838,171	1,777,135
	30	Total liabilities and net assets/fund balances (see instructions).	1,838,171	1,777,135

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) ...............

1,838,171

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

-60,991

Other increases not included in line 2 (itemize) bullet

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

1,777,278

Decreases not included in line 2 (itemize) bullet

143

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

1,777,135

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	44.82 FG G08020 5% 01 NOV 2034	2015-08-07	2017-11-01
b	134.96 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2017-11-01
c	83.16 FG G18557 3% 01 JUN 2030	2015-09-08	2017-11-01
d	145.1 FG G18560 2.5% 01 JUL 2030	2015-08-07	2017-11-01
e	79.98 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2017-11-01
	83.48 FHLMC POOL C0-3531	2015-08-07	2017-11-01
	63.66 FHLMC POOL #G6-0080	2015-08-07	2017-11-01
	80.97 FG G60180 4.5% 01 MAY 2042	2015-08-07	2017-11-01
	170.91 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2017-11-01
	70.1 FNMA POOL 0AH9054	2015-08-07	2017-11-01
	105.26 FN AJ7715 3% 01 DEC 2026	2016-11-07	2017-11-01
	141.76 FN AL0933 5% 01 OCT 2041	2015-08-07	2017-11-01
	23.72 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2017-11-01
	77.58 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2017-11-01
	123.08 FNMA POOL 0AU3735	2015-08-07	2017-11-01
	69.99 FNMA POOL 0735500	2015-08-10	2017-11-01
	86.78 FN AB4086 3% 01 DEC 2026	2015-08-07	2017-11-01
	136.62 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2017-11-01
	131.75 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2017-11-01
	5000. CATERPILLAR INC 7.9% 15 DEC 2018	2015-08-06	2017-11-10
	12000. FORD MOTOR CREDIT CO LLC 1.724% 06 DEC 2017	2016-02-04	2017-11-28
	62.99 FG G08020 5% 01 NOV 2034	2015-08-07	2017-12-01
	118.45 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2017-12-01
	55.65 FG G18557 3% 01 JUN 2030	2015-09-08	2017-12-01
	142.99 FG G18560 2.5% 01 JUL 2030	2015-08-07	2017-12-01
	82.03 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2017-12-01
	64.55 FHLMC POOL C0-3531	2015-08-07	2017-12-01
	61.76 FHLMC POOL #G6-0080	2015-08-07	2017-12-01
	53.69 FG G60180 4.5% 01 MAY 2042	2015-08-07	2017-12-01
	164.08 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2017-12-01
	172.95 FNMA POOL 0AH9054	2015-08-07	2017-12-01
	81.73 FN AJ7715 3% 01 DEC 2026	2016-11-07	2017-12-01
	148.93 FN AL0933 5% 01 OCT 2041	2015-08-07	2017-12-01
	63.94 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2017-12-01
	76.94 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2017-12-01
	104.51 FNMA POOL 0AU3735	2015-08-07	2017-12-01
	63.05 FNMA POOL 0735500	2015-08-10	2017-12-01
	71.2 FN AB4086 3% 01 DEC 2026	2015-08-07	2017-12-01
	95.75 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2017-12-01
	107.88 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2017-12-01
	2000. US TREASURY N/B .75% 15 JUL 2019	2016-08-04	2017-12-06
	5000. CA INC	2015-08-06	2017-12-12
	60.23 FG G08020 5% 01 NOV 2034	2015-08-07	2018-01-01
	115.53 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-01-01
	76.68 FG G18557 3% 01 JUN 2030	2015-09-08	2018-01-01
	131.57 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-01-01
	85.97 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-01-01
	31.9 FHLMC POOL C0-3531	2015-08-07	2018-01-01
	60.69 FHLMC POOL #G6-0080	2015-08-07	2018-01-01
	76.06 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-01-01
	151.87 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-01-01
	202.53 FNMA POOL 0AH9054	2015-08-07	2018-01-01
	79.71 FN AJ7715 3% 01 DEC 2026	1901-01-01	2018-01-01
	79.71 FN AJ7715 3% 01 DEC 2026		2018-01-01
	79.71 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-01-01
	123.12 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-01-01
	59.5 FNMA POOL # AS6191 3.5% 11/01/45	1901-01-01	2018-01-01
	59.5 FNMA POOL # AS6191 3.5% 11/01/45		2018-01-01
	76.49 FNMA POOL # AT2062 2.5% 4/01/28		2018-01-01
	114.38 FNMA POOL 0AU3735	2015-08-07	2018-01-01
	63.13 FNMA POOL 0735500	2015-08-10	2018-01-01
	45.81 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-01-01
	238.56 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-01-01
	91.68 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-01-01
	12000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-01-10
	6000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-01-12
	6000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-01-17
	6000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023	2016-07-19	2018-01-18
	6000. US TREASURY N/B 1.75% 30 APR 2022	2017-02-06	2018-01-19
	521. REGAL ENTMT GROUP	2017-04-13	2018-01-25
	550. REGAL ENTMT GROUP	2015-09-09	2018-01-25
	188. REPUBLIC SVCS INC CL A	2015-09-09	2018-01-25
	154. TARGET CORP COM	2017-04-13	2018-01-25
	63. TARGET CORP COM	2016-09-30	2018-01-25
	26.85 FG G08020 5% 01 NOV 2034	2015-08-07	2018-02-01
	108.98 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-02-01
	58.6 FG G18557 3% 01 JUN 2030	2015-09-08	2018-02-01
	114.34 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-02-01
	114.34 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-02-01
	74.21 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-02-01
	36.92 FHLMC POOL C0-3531	2015-08-07	2018-02-01
	46.13 FHLMC POOL #G6-0080	2015-08-07	2018-02-01
	66.88 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-02-01
	204.79 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-02-01
	186.03 FNMA POOL 0AH9054	2015-08-07	2018-02-01
	77.48 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-02-01
	123.05 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-02-01
	43.1 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-02-01
	65.72 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-02-01
	85.47 FNMA POOL 0AU3735	2015-08-07	2018-02-01
	52.13 FNMA POOL 0735500	2015-08-10	2018-02-01
	46.85 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-02-01
	55.97 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-02-01
	105.23 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-02-01
	6000. DEUTSCHE BANK AG LONDON 1.875% 13 FEB 2018	2015-08-06	2018-02-13
	3000. US TREASURY N/B .75% 15 JUL 2019	2016-08-04	2018-02-13
	6000. US TREASURY N/B 1.625% 15 MAY 2026	2016-08-10	2018-02-16
	6000. US TREASURY N/B 2.875% 15 MAY 2043	2015-08-06	2018-02-21
	27.65 FG G08020 5% 01 NOV 2034	2015-08-07	2018-03-01
	96.17 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-03-01
	65.82 FG G18557 3% 01 JUN 2030	2015-09-08	2018-03-01
	114.85 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-03-01
	70.93 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-03-01
	44.59 FHLMC POOL C0-3531	2015-08-07	2018-03-01
	54.15 FHLMC POOL #G6-0080	2015-08-07	2018-03-01
	47.55 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-03-01
	134.46 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-03-01
	228.28 FNMA POOL 0AH9054	2015-08-07	2018-03-01
	70.12 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-03-01
	59.71 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-03-01
	56.56 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-03-01
	67.41 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-03-01
	63.87 FNMA POOL 0AU3735	2015-08-07	2018-03-01
	51.96 FNMA POOL 0735500	2015-08-10	2018-03-01
	67.74 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-03-01
	23.17 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-03-01
	92.42 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-03-01
	6000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-03-07
	6000. US TREASURY N/B 1.25% 31 JAN 2020	2016-03-14	2018-03-12
	6000. US TREASURY N/B 1.625% 15 MAY 2026	2017-03-06	2018-03-16
	90.46 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-04-01
	49.47 FG G08020 5% 01 NOV 2034	2015-08-07	2018-04-02
	90.79 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-04-02
	76.92 FG G18557 3% 01 JUN 2030	2015-09-08	2018-04-02
	129.55 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-04-02
	70.89 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-04-02
	35.1 FHLMC POOL C0-3531	2015-08-07	2018-04-02
	49.88 FHLMC POOL #G6-0080	2015-08-07	2018-04-02
	52.69 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-04-02
	168.48 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-04-02
	122.14 FNMA POOL 0AH9054	2015-08-07	2018-04-02
	122.61 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-04-02
	70.09 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-04-02
	69.45 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-04-02
	107.66 FNMA POOL 0AU3735	2015-08-07	2018-04-02
	50.52 FNMA POOL 0735500	2015-08-10	2018-04-02
	64.04 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-04-02
	28.22 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-04-02
	89. FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-04-02
	1000. MOLSON COORS BREWING 5.0% 5/01/42	2015-08-06	2018-04-05
	2000. US TREASURY N/B 2.875% 15 MAY 2043	2015-08-06	2018-04-05
	7000. US TREASURY N/B 1.25% 31 JAN 2020	2016-04-01	2018-04-05
	1000. US TREASURY N/B 1.625% 15 MAY 2026	2017-03-06	2018-04-05
	4000. US TREASURY N/B 1.25% 31 JAN 2020	2016-04-01	2018-04-11
	5000. ORACLE CORP 5.75% 15 APR 2018	2015-08-06	2018-04-16
	12000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019	2016-02-09	2018-04-23
	5000. BANK OF AMERICA CORP 6.875% 25 APR 2018	2015-08-06	2018-04-25
	38.99 FG G08020 5% 01 NOV 2034	2015-08-07	2018-05-01
	90.2 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-05-01
	65.37 FG G18557 3% 01 JUN 2030	2015-09-08	2018-05-01
	121.14 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-05-01
	69. FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-05-01
	36.59 FHLMC POOL C0-3531	2015-08-07	2018-05-01
	57.48 FHLMC POOL #G6-0080	2015-08-07	2018-05-01
	51.47 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-05-01
	158.79 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-05-01
	59.07 FNMA POOL 0AH9054	2015-08-07	2018-05-01
	80.66 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-05-01
	94.94 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-05-01
	30.6 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-05-01
	69.77 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-05-01
	83.1 FNMA POOL 0AU3735	2015-08-07	2018-05-01
	51.64 FNMA POOL 0735500	2015-08-10	2018-05-01
	54.95 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-05-01
	73.01 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-05-01
	37.5 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-05-01
	80.01 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-05-01
	1000. BIOGEN INC 2.9% 9/15/20	2017-08-23	2018-05-04
	2000. US TREASURY N/B 1.75% 30 APR 2022	2017-02-15	2018-05-04
	6000. AT&T INC 5.06% 5/15/18	2015-08-06	2018-05-15
	6000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018	2015-08-27	2018-05-18
	60.3 FG G08020 5% 01 NOV 2034	2015-08-07	2018-06-01
	110.84 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-06-01
	67.72 FG G18557 3% 01 JUN 2030	2015-09-08	2018-06-01
	143.19 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-06-01
	75.21 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-06-01
	22.91 FHLMC POOL C0-3531	2015-08-07	2018-06-01
	68.94 FHLMC POOL #G6-0080	2015-08-07	2018-06-01
	44.85 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-06-01
	182.29 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-06-01
	52.28 FNMA POOL 0AH9054	2015-08-07	2018-06-01
	61.14 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-06-01
	130.15 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-06-01
	73.05 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-06-01
	68.63 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-06-01
	120.66 FNMA POOL 0AU3735	2015-08-07	2018-06-01
	59.84 FNMA POOL 0735500	2015-08-10	2018-06-01
	68.03 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-06-01
	83.62 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-06-01
	158.93 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-06-01
	85.22 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-06-01
	315. ALTRIA GROUP INC	2016-02-12	2018-06-12
	748. GENERAL ELECTRIC CO	2016-02-12	2018-06-12
	837. SPDR BBG BARC HIGH YIELD BND	2017-08-30	2018-06-12
	601. WELLS FARGO & CO NEW COM	2016-06-22	2018-06-12
	6000. CISCO SYSTEMS INC 1.6% 2/28/19	2016-02-29	2018-06-21
	51.79 FG G08020 5% 01 NOV 2034	2015-08-07	2018-07-02
	108.22 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-07-02
	62.09 FG G18557 3% 01 JUN 2030	2015-09-08	2018-07-02
	133.87 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-07-02
	86.05 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-07-02
	63.79 FHLMC POOL C0-3531	2015-08-07	2018-07-02
	62.14 FHLMC POOL #G6-0080	2015-08-07	2018-07-02
	54.96 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-07-02
	117.96 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-07-02
	117.47 FNMA POOL 0AH9054	2015-08-07	2018-07-02
	71.85 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-07-02
	140. FN AL0933 5% 01 OCT 2041	2015-08-07	2018-07-02
	67.5 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-07-02
	70.57 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-07-02
	140.65 FNMA POOL 0AU3735	2015-08-07	2018-07-02
	64.59 FNMA POOL 0735500	2015-08-10	2018-07-02
	72.33 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-07-02
	65.71 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-07-02
	116.34 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-07-02
	81.74 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-07-02
	34.13 FG G08020 5% 01 NOV 2034	2015-08-07	2018-08-01
	92.25 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-08-01
	62.37 FG G18557 3% 01 JUN 2030	2015-09-08	2018-08-01
	126.13 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-08-01
	70.49 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-08-01
	36.87 FHLMC POOL C0-3531	2015-08-07	2018-08-01
	67. FHLMC POOL #G6-0080		2018-08-01
	67. FHLMC POOL #G6-0080		2018-08-01
	67. FHLMC POOL #G6-0080	2015-08-07	2018-08-01
	67. FHLMC POOL #G6-0080		2018-08-01
	67. FHLMC POOL #G6-0080		2018-08-01
	67. FHLMC POOL #G6-0080		2018-08-01
	67. FHLMC POOL #G6-0080	2015-08-07	2018-08-01
	62.9 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-08-01
	127.42 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-08-01
	19.32 FNMA POOL 0AH9054	2015-08-07	2018-08-01
	85.88 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-08-01
	94.47 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-08-01
	48.19 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-08-01
	66.04 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-08-01
	101.66 FNMA POOL 0AU3735	2015-08-07	2018-08-01
	46.74 FNMA POOL 0735500	2015-08-10	2018-08-01
	82.89 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-08-01
	51.92 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-08-01
	141.99 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-08-01
	89.01 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-08-01
	6000. ASTRAZENECA PLC 1.75% 11/16/18	2015-11-10	2018-08-06
	6000. BANK OF NY MELLON CORP 3.85% 28 APR 2028	2018-04-24	2018-08-06
	6000. LOCKHEED MARTIN CORP 3.8% 01 MAR 2045	2015-08-06	2018-08-15
	12000. US TREASURY N/B 2.875% 15 MAY 2043	2015-12-08	2018-08-29
	43.1 FG G08020 5% 01 NOV 2034	2015-08-07	2018-09-04
	107.52 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-09-04
	74.57 FG G18557 3% 01 JUN 2030	2015-09-08	2018-09-04
	139.55 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-09-04
	79.1 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-09-04
	52.15 FHLMC POOL C0-3531	2015-08-07	2018-09-04
	68.6 FHLMC POOL #G6-0080	2015-08-07	2018-09-04
	53.69 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-09-04
	188.97 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-09-04
	63.65 FNMA POOL 0AH9054	2015-08-07	2018-09-04
	103.96 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-09-04
	88.51 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-09-04
	62.52 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-09-04
	123.3 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-09-04
	75.17 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-09-04
	77.53 FNMA POOL 0AU3735	2015-08-07	2018-09-04
	46.79 FNMA POOL 0735500	2015-08-10	2018-09-04
	60.61 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-09-04
	77.33 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-09-04
	95.41 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-09-04
	97.33 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-09-04
	12000. US TREASURY N/B 1.75% 30 APR 2022	2017-03-08	2018-09-07
	5000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19	2015-08-06	2018-09-19
	6000. SHELL INTERNATIONAL 1.375% 10 MAY 2019	2016-05-06	2018-09-19
	74.37 FG G08020 5% 01 NOV 2034	2015-08-07	2018-10-01
	79.28 FHLMC GOLD G08681 3.5% 12/01/45	2016-01-12	2018-10-01
	68.51 FG G18557 3% 01 JUN 2030	2015-09-08	2018-10-01
	100.58 FG G18560 2.5% 01 JUL 2030	2015-08-07	2018-10-01
	65.47 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-10-01
	27.82 FHLMC POOL C0-3531	2015-08-07	2018-10-01
	47.28 FHLMC POOL #G6-0080	2015-08-07	2018-10-01
	32.2 FG G60180 4.5% 01 MAY 2042	2015-08-07	2018-10-01
	114.37 FN AH5614 3.5% 01 FEB 2026	2015-08-07	2018-10-01
	94.27 FNMA POOL 0AH9054	2015-08-07	2018-10-01
	63.47 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-10-01
	80.15 FN AL0933 5% 01 OCT 2041	2015-08-07	2018-10-01
	33.19 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-10-01
	85.73 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-10-01
	50.52 FNMA POOL # AT2062 2.5% 4/01/28	2015-08-07	2018-10-01
	88.93 FNMA POOL 0AU3735	2015-08-07	2018-10-01
	50.19 FNMA POOL 0735500	2015-08-10	2018-10-01
	130.29 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-10-01
	42.45 FN CA0853 3.5% 01 DEC 2047	2018-09-12	2018-10-01
	51.92 FN AB4086 3% 01 DEC 2026	2015-08-07	2018-10-01
	88.23 FN AB6019 3.5% 01 AUG 2042	2015-08-07	2018-10-01
	63.01 FNMA POOL AE0216 4.0% 8/01/40	2015-08-07	2018-10-01
	503. SPDR BBG BARC HIGH YIELD BND	2017-08-30	2018-10-10
	183. HOLLYFRONTIER CORP	2016-09-30	2018-10-26
	280. KAR AUCTION SERVICES INC	2015-09-09	2018-10-26
	102. 3M CO COM	2015-09-09	2018-10-26
	229. WESTROCK CO	2016-09-30	2018-10-26
	6000. US TREASURY N/B 1.75% 15 MAY 2023	2018-02-05	2018-10-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	45	49	-4
b	135	140	-5
c	83	86	-3
d	145	147	-2
e	80	84	-4
	83	88	-5
	64	66	-2
	81	87	-6
	171	180	-9
	70	76	-6
	105	110	-5
	142	156	-14
	24	25	-1
	78	79	-1
	123	124	-1
	70	78	-8
	87	90	-3
	137	142	-5
	132	140	-8
	5,322	5,287	35
	12,000	11,965	35
	63	69	-6
	118	123	-5
	56	57	-1
	143	145	-2
	82	86	-4
	65	68	-3
	62	64	-2
	54	58	-4
	164	172	-8
	173	187	-14
	82	85	-3
	149	164	-15
	64	67	-3
	77	78	-1
	105	105
	63	70	-7
	71	74	-3
	96	99	-3
	108	114	-6
	1,968	2,000	-32
	5,243	5,214	29
	60	66	-6
	116	120	-4
	77	79	-2
	132	133	-1
	86	90	-4
	32	34	-2
	61	63	-2
	76	82	-6
	152	159	-7
	203	219	-16
	80		80

	80	83	-3
	123	135	-12
	60		60


	114	115	-1
	63	70	-7
	46	47	-1
	239	247	-8
	92	97	-5
	11,823	11,959	-136
	5,908	6,021	-113
	5,905	6,021	-116
	5,285	6,012	-727
	5,853	5,939	-86
	11,894	11,508	386
	12,556	10,425	2,131
	12,836	7,712	5,124
	11,682	8,233	3,449
	4,779	4,608	171
	27	29	-2
	109	113	-4
	59	60	-1
	114	116	-2
	114	116	-2
	74	78	-4
	37	39	-2
	46	48	-2
	67	72	-5
	205	214	-9
	186	201	-15
	77	81	-4
	123	135	-12
	43	45	-2
	66	67	-1
	85	86	-1
	52	58	-6
	47	48	-1
	56	58	-2
	105	112	-7
	6,000	5,985	15
	2,944	3,000	-56
	5,458	6,042	-584
	5,729	5,922	-193
	28	30	-2
	96	100	-4
	66	68	-2
	115	116	-1
	71	74	-3
	45	47	-2
	54	56	-2
	48	51	-3
	134	140	-6
	228	246	-18
	70	73	-3
	60	66	-6
	57	59	-2
	67	69	-2
	64	64
	52	58	-6
	68	70	-2
	23	24	-1
	92	98	-6
	5,890	6,020	-130
	5,888	6,013	-125
	5,471	5,963	-492
	90	94	-4
	49	54	-5
	91	94	-3
	77	79	-2
	130	131	-1
	71	74	-3
	35	37	-2
	50	52	-2
	53	57	-4
	168	176	-8
	122	132	-10
	123	135	-12
	70	73	-3
	69	71	-2
	108	108
	51	56	-5
	64	66	-2
	28	29	-1
	89	94	-5
	1,057	990	67
	1,936	1,981	-45
	6,869	6,989	-120
	914	928	-14
	3,926	4,013	-87
	5,000	5,000
	12,000	11,978	22
	5,000	5,000
	39	43	-4
	90	93	-3
	65	67	-2
	121	123	-2
	69	72	-3
	37	39	-2
	57	60	-3
	51	55	-4
	159	165	-6
	59	64	-5
	81	84	-3
	95	104	-9
	31	32	-1
	70	71	-1
	83	84	-1
	52	57	-5
	55	57	-2
	73	75	-2
	38	39	-1
	80	85	-5
	994	1,018	-24
	1,926	1,967	-41
	6,000	6,000
	6,005	6,014	-9
	60	66	-6
	111	115	-4
	68	70	-2
	143	145	-2
	75	78	-3
	23	24	-1
	69	71	-2
	45	48	-3
	182	190	-8
	52	56	-4
	61	64	-3
	130	143	-13
	73	76	-3
	69	70	-1
	121	122	-1
	60	66	-6
	68	70	-2
	84	86	-2
	159	165	-6
	85	90	-5
	18,273	18,864	-591
	10,495	19,966	-9,471
	29,956	31,111	-1,155
	33,566	32,991	575
	5,962	6,002	-40
	52	57	-5
	108	112	-4
	62	64	-2
	134	135	-1
	86	90	-4
	64	68	-4
	62	64	-2
	55	59	-4
	118	123	-5
	117	127	-10
	72	75	-3
	140	154	-14
	68	70	-2
	71	72	-1
	141	142	-1
	65	71	-6
	72	75	-3
	66	68	-2
	116	120	-4
	82	87	-5
	34	37	-3
	92	95	-3
	62	64	-2
	126	128	-2
	70	73	-3
	37	39	-2
	67		67

	67	69	-2
	67		67


	67	69	-2
	63	68	-5
	127	132	-5
	19	21	-2
	86	89	-3
	94	104	-10
	48	50	-2
	66	67	-1
	102	102
	47	52	-5
	83	86	-3
	52	53	-1
	142	147	-5
	89	94	-5
	5,989	6,000	-11
	6,079	5,987	92
	5,618	5,338	280
	11,695	11,850	-155
	43	47	-4
	108	111	-3
	75	76	-1
	140	141	-1
	79	82	-3
	52	55	-3
	69	71	-2
	54	58	-4
	189	196	-7
	64	68	-4
	104	108	-4
	89	97	-8
	63	65	-2
	123	126	-3
	75	76	-1
	78	78
	47	51	-4
	61	63	-2
	77	79	-2
	95	98	-3
	97	102	-5
	11,568	11,785	-217
	5,101	5,099	2
	5,955	5,987	-32
	74	81	-7
	79	82	-3
	69	70	-1
	101	101
	65	68	-3
	28	29	-1
	47	49	-2
	32	34	-2
	114	118	-4
	94	101	-7
	63	66	-3
	80	87	-7
	33	34	-1
	86	88	-2
	51	51
	89	89
	50	55	-5
	130	135	-5
	42	42
	52	53	-1
	88	91	-3
	63	66	-3
	17,726	18,697	-971
	11,343	6,174	5,169
	15,482	10,524	4,958
	18,883	15,153	3,730
	9,500	11,101	-1,601
	5,688	5,787	-99

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			-4
b			-5
c			-3
d			-2
e			-4
			-5
			-2
			-6
			-9
			-6
			-5
			-14
			-1
			-1
			-1
			-8
			-3
			-5
			-8
			35
			35
			-6
			-5
			-1
			-2
			-4
			-3
			-2
			-4
			-8
			-14
			-3
			-15
			-3
			-1

			-7
			-3
			-3
			-6
			-32
			29
			-6
			-4
			-2
			-1
			-4
			-2
			-2
			-6
			-7
			-16
			80

			-3
			-12
			60


			-1
			-7
			-1
			-8
			-5
			-136
			-113
			-116
			-727
			-86
			386
			2,131
			5,124
			3,449
			171
			-2
			-4
			-1
			-2
			-2
			-4
			-2
			-2
			-5
			-9
			-15
			-4
			-12
			-2
			-1
			-1
			-6
			-1
			-2
			-7
			15
			-56
			-584
			-193
			-2
			-4
			-2
			-1
			-3
			-2
			-2
			-3
			-6
			-18
			-3
			-6
			-2
			-2

			-6
			-2
			-1
			-6
			-130
			-125
			-492
			-4
			-5
			-3
			-2
			-1
			-3
			-2
			-2
			-4
			-8
			-10
			-12
			-3
			-2

			-5
			-2
			-1
			-5
			67
			-45
			-120
			-14
			-87

			22

			-4
			-3
			-2
			-2
			-3
			-2
			-3
			-4
			-6
			-5
			-3
			-9
			-1
			-1
			-1
			-5
			-2
			-2
			-1
			-5
			-24
			-41

			-9
			-6
			-4
			-2
			-2
			-3
			-1
			-2
			-3
			-8
			-4
			-3
			-13
			-3
			-1
			-1
			-6
			-2
			-2
			-6
			-5
			-591
			-9,471
			-1,155
			575
			-40
			-5
			-4
			-2
			-1
			-4
			-4
			-2
			-4
			-5
			-10
			-3
			-14
			-2
			-1
			-1
			-6
			-3
			-2
			-4
			-5
			-3
			-3
			-2
			-2
			-3
			-2
			67

			-2
			67


			-2
			-5
			-5
			-2
			-3
			-10
			-2
			-1

			-5
			-3
			-1
			-5
			-5
			-11
			92
			280
			-155
			-4
			-3
			-1
			-1
			-3
			-3
			-2
			-4
			-7
			-4
			-4
			-8
			-2
			-3
			-1

			-4
			-2
			-2
			-3
			-5
			-217
			2
			-32
			-7
			-3
			-1

			-3
			-1
			-2
			-2
			-4
			-7
			-3
			-7
			-1
			-2


			-5
			-5

			-1
			-3
			-3
			-971
			5,169
			4,958
			3,730
			-1,601
			-99

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	7,989
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	113,245	2,001,206	0.056588
2017	110,988	1,921,155	0.057771
2016	105,024	1,982,975	0.052963
2015	110,462	2,093,021	0.052776
2014	115,574	2,220,420	0.052051

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

0.272149

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 ......

0.05443

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

2,008,029

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

109,297

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

601

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

109,898

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

120,375

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	601
	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	601
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	601
6	Credits/Payments:

a	2019 estimated tax payments and 2018 overpayment credited to 2019	6a	920
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	920
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	319
11	Enter the amount of line 10 to be: Credited to 2020 estimated tax319	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

N/A

The books are in care of bullet

REGIONS BANK TRUST DEPARTMENT Telephone no. bullet

(251) 690-1024

Located at bullet

201 MILAN PARKWAYBIRMINGHAMAL ZIP+4 bullet

35211

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
REGIONS BANK	TRUSTEE 1	19,144
201 MILAN PKWY BIRMINGHAM,AL35202	TRUSTEE 1	19,144

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...................

2,038,608

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

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

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

2,038,608

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.........................

2,038,608

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

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

30,579

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

2,008,029

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

100,401

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....................

100,401

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

601

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

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

601

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

99,800

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

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

99,800

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

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

99,800

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 ..........

120,375

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

120,375

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.................

601

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

119,774

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					99,800
2 Undistributed income, if any, as of the end of 2019:
a Enter amount for 2018 only.......				65,738
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2019:
a From 2014......	0
b From 2015......	0
c From 2016......	0
d From 2017......	0
e From 2018......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2019 from Part
XII, line 4: $ 120,375
a Applied to 2018, but not more than line 2a				65,738
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.....					54,637
e Remaining amount distributed out of corpus		0
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		0
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 ..........					45,163
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) ...		0
9Excess distributions carryover to 2020. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2015....	0
b Excess from 2016....	0
c Excess from 2017....	0
d Excess from 2018....	0
e Excess from 2019....	0

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).)

NONE

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.

NONE

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
BOYS' CLUB OF CHATTANOOGA INC PO BOX 11567 CHATTANOOGA,TN37401	NONE	PC	CHARITABLE	19,000
GIRLS INCORPORATED OF CHATTANOOGA 709 S GREENWOOD AVE CHATTANOOGA,TN37404	NONE	PC	CHARITABLE	19,000
CHATTANOOGA CHRISTIAN SCHOOL JANET K JOBE 3354 CHARGER DRIVE CHATTANOOGA,TN37409	NONE	PC	CHARITABLE	19,000
TEEN CHALLENGE OF MID-SOUTH INC PO BOX 2280 CHATTANOOGA,TN374090280	NONE	PC	CHARITABLE	19,000
BETHEL BIBLE VILLAGE 3001 HAMILL ROAD HIXSON,TN37343	NONE	PC	CHARITABLE	19,000
CHATTANOOGA BRANCH OF THE SALVATION ARMY MAJORS ROBERT AND KAREN LYLE CHATTANOOGA,TN37404	NONE	PC	CHARITABLE	19,000
Total ................................. 3a				114,000

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	65,281
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	7,989
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)..				73,270

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

73,270

(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
FHLM 11/1/34 5%
FHLM 6/1/30 3%
FHLM 7/1/30 2.5%
FHLM 10/1/40 4%
FHLM 6/1/45 3.5%
FHLM 5/1/42 4.5%
FNMA 2/1/26 3.5%
FNMA 4/1/41 4.5%
FNMA 10/1/41 5%
FNMA 4/1/28 2.5%
FNMA 8/1/43 3%
FNMA 5/1/35 5.5%
FNMA 12/1/26 3%
FNMA 8/1/42 3.5%
FNMA 8/1/40 4%
AT&T INC 5/15/18 5.6%
AT&T INC 5/15/35 4.5%
AMERICAN EXPRESS
ANHEUSER-BUSCH INBEV
APPLE INC
BRANCH BANKING & TRUST
CA INC
CATERPILLAR INC
CISCO SYSTEMS INC
CITIGROUP INC
COMCAST CORP
JOHN DEERE CAP CORP
DEUTSCHE BANK
FORD MOTOR CREDIT
GENERAL ELECTRIC CAP
GILEAD SCIENCES INC
GOLDMAN SACHS GROUP
INTEL CORP
INT'L BUSINESS MACHINES
JP MORGAN CHASE
LOCKHEED MARTIN CORP
MARATHON OIL CORP
MERRILL LYNCH & CO INC
BANK OF AMERICA
MOLSON COORS BREWING CO
MORGAN STANLEY SERIES
MORGAN STANLEY 3.7%
PFIZER INC
PRUDENTIAL FINANCIAL
ROYAL BANK OF CANADA
TARGET CORP
TORONTO DOMINION BANK
TOYOTA MOTOR CREDIT
UNITED HEALTH GROUP INC
VERIZON COMMUNICATIONS
WACHOVIA CORP
WALMART STORES INC
WALGREENS BOOTS ALLIANCE
WELLS FARGO & CO
FHLM 12/01/45 3.5%
FHLM 12/01/26 3%
FNMA 11/01/45 3.5%
AMGEN IC 8/19/23 2.25%
ASTRAZENECA PLC
BANK OF MONTREAL
CHEVRON CORP 11/09/17
CISCO SYSTEMS INC 9/20/26 2.5%
FIFTH THIRD BANK
GLAXOSMITHKLINE CAP PLC
KROGER CO/THE CALLABLE
ORACLE CORP 5.75%
PEPSICO INC 10/13/17
SHELL INT FIN
TEVA PHARMACEUTICALS
VALERO ENERGY CORP
APPLE INC 2.1% 12 SEP 2022
BIOGEN INC 2.9% 15 SEP 2020
CAPITAL ONE FINANCIAL CORP 2.5
KROGER CO/THE 2.65% 15 OCT 202
BANK OF AMERICA CORP 6.11% 29
SUNTRUST BANKS INC 2.7% 27 JAN
FEDERAL HOME LOAN MORTGAGE COR
FANNIE MAE POOL FN AB4086 3% 0
ISHARES MSCI EMERGING MARKETS
ISHARES RUSSELL 2000 ETF
ISHARES MSCI ACWI EX US ETF
ISHARES INTERNATIONAL SELECT D
SPDR BARCLAYS HIGH YIELD BOND

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALTRIA GROUP INC
AT&T INC
ALLIANT CORP
AIR PRODUCTS & CHEMICALS INC
BB&T CORP
BLACKROCK INC
BRISTOL MYERS SQUIBB
COCA-COLA CO/THE
CHEVRON CORP
CISCO SYSTEMS INC
DOMINION RES INC VA
EXXON MOBIL CORP
FASTENAL CO
HELMERICH & PAYNE INC
GALLAGHER ARTHUR J&CO
GENERAL ELCTRIC CO
GENERAL MILLS INC
HASBRO INC
HOLLYFRONTIER CORP
INTEL CORP
J P MORGAN CHASE & CO
KAR AUCTION SERVICES INC
KIMBERLY CLARK
KRAFT HEINZ CO
LOCKHEED MARTIN CORP
ELI LILLY & CO
MERCK & CO INC
METLIFE INC
NEXTERA ENERGY INC
OCCIDENTAL PETE
PNC BANK CORP
PEPSICO INC
PFIZER INC
MICROSOFT CORP
PRUDENTIAL FINANCIAL INC
RAYTHEON CO
REGAL ENTMT GR CL A
REPUBLIC SVCS INC CL A
SCHLUMBERGER LTD
OMNICOM GROUP INC
TARGET CORP
3M CO
US BANCORP DEL
VERIZON COMMUNICATIONS
WASTE MGMT INC
WELLS FARGO & CO
XILINX INC
INVESCO LTD
WESTROCK CO
LYONDELLBASELL IND CL A
AMERICAN CENT SM CAP
ARTISAN MID CAP
JP MORGAN MID CAP
INVESCO INT'L GRWTH R5
MFS RESH INTL CL I
VIRTUS EMERGING MARKETS OPP-I
RS SMALL CAP GRWTH
ALTRIA GROUP INC
COCA COLA CO
HELMERICH & PAYNE INC
MICROSOFT CORP
QUALCOMM INC
SOUTHERN CO
WALMART STORES INC
WESTROCK CO
EATON CORP PLC
INVESCO LD
CHUBB LIMITED
ISHARES RUSSELL 2000 ETF
ISHARES MSCI EMERGING MKT
ISHARES MSCI ACWI EX US ETF
ISHARES INT'L SELECT DIV ETF
PPL CORP
PROCTER & GAMBLE CO/THE
QUALCOMM INC
SABRE CORP
WAL-MART STORES INC
EATON CORP PLC
CHUBB LIMITED COM

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
31292K4Q7 FHLMC POOL C0-3531	AT COST	3,848	3,692
3138EHBB7 FN AL0933 5% 01 OCT	AT COST	6,139	5,960
418056107 HASBRO INC	AT COST	8,886	10,547
423452101 HELMERICH & PAYNE IN	AT COST	28,438	27,470
436106108 HOLLYFRONTIER CORP	AT COST	3,243	8,970
02665WCD1 AMERICAN HONDA FINAN	AT COST	8,987	8,869
054937107 BB&T CORP COM	AT COST	19,246	23,351
345397XK4 FORD MOTOR CREDIT CO	AT COST	6,085	5,896
375558BF9 GILEAD SCIENCES INC	AT COST	5,987	5,810
464288240 ISHARES MSCI ACWI EX	AT COST	60,473	63,641
500754106 KRAFT HEINZ CO/THE	AT COST	29,528	20,834
532457108 ELI LILLY & CO COM	AT COST	20,196	27,435
579780206 MC CORMICK & CO INC	AT COST	19,967	27,360
60871RAD2 MOLSON COORS BREWING	AT COST	4,951	4,739
69351T106 PPL CORP	AT COST	23,655	18,027
744320102 PRUDENTIAL FINL INC	AT COST	26,413	28,509
747525103 QUALCOMM INC	AT COST	9,495	11,383
78573M104 SABRE CORP	AT COST	11,738	13,681
912828VB3 U S TREASURY NOTE	AT COST	5,787	5,687
931427AH1 WALGREENS BOOTS ALLI	AT COST	5,875	5,857
06416CAB4 BANK OF NOVA SCOTIA	AT COST	5,888	5,891
09062XAC7 BIOGEN INC	AT COST	11,167	10,899
09247X101 BLACKROCK INC CL A	AT COST	16,374	19,748
110122108 BRISTOL MYERS SQUIBB	AT COST	10,472	8,642
126650DA5 CVS HEALTH CORP 3.12	AT COST	6,004	5,986
166764100 CHEVRONTEXACO CORP	AT COST	26,823	31,597
24422ESS9 JOHN DEERE CAPITAL C	AT COST	6,008	5,968
31335AFV5 FG G60180 4.5% 01 MA	AT COST	3,563	3,450
3138E0SD2 FN AJ7715 3% 01 DEC	AT COST	3,766	3,598
369622SM8 GENERAL ELEC CAP COR	AT COST	5,298	5,129
459200JG7 I B M CORP	AT COST	4,984	4,826
501044DE8 KROGER CO 2.65% 15 O	AT COST	5,985	5,251
539830109 LOCKHEED MARTIN CORP	AT COST	17,901	20,570
61744YAH1 MORGAN STANLEY 2.75%	AT COST	6,016	5,800
68389XBR5 ORACLE CORP 2.625% 1	AT COST	5,985	5,781
742718109 PROCTER & GAMBLE CO	AT COST	20,934	21,283
806857108 SCHLUMBERGER LIMITED	AT COST	36,228	23,397
89236TEU5 TOYOTA MOTOR CREDIT	AT COST	5,994	5,961
912810EQ7 U S TREASURY BONDS	AT COST	5,976	5,727
912810SA7 US TREASURY N/B 3% 1	AT COST	11,689	11,094
92343V104 VERIZON COMMUNICATIO	AT COST	21,343	26,261
92343VAW4 VERIZON COMMUNICATIO	AT COST	5,558	5,426
0258M0DX4 AMERICAN EXPRESS CRE	AT COST	5,996	5,919
06367THQ6 BANK OF MONTREAL	AT COST	5,998	5,939
26441CAW5 DUKE ENERGY CORP 2.4	AT COST	5,865	5,741
3128MJAW0 FG G08020 5% 01 NOV	AT COST	3,172	3,101
31402RDD8 FNMA POOL 0735500	AT COST	3,202	3,140
31417ARG6 FN AB4086 3% 01 DEC	AT COST	3,232	3,119
31417CVM4 FN AB6019 3.5% 01 AU	AT COST	8,415	8,037
363576109 GALLAGHER ARTHUR J &	AT COST	16,860	26,570
38141GWM2 GOLDMAN SACHS GROUP	AT COST	5,927	5,770
464287655 ISHARES RUSSELL 2000	AT COST	90,035	100,820
3138WPJG0 FNMA POOL # AT2062	AT COST	3,910	3,728
3138X3EH1 FNMA POOL 0AU3735	AT COST	10,028	9,511
31677QBG3 FIFTH THIRD BANK	AT COST	6,004	5,819
464287234 ISHARES MSCI EMERGIN	AT COST	49,965	48,872
464288448 ISHARES DJ EPAC SEL	AT COST	55,500	55,099
867914BM4 SUNTRUST BANKS INC 2	AT COST	5,995	5,808
89233P5F9 TOYOTA MOTOR CREDIT	AT COST	6,139	6,021
G29183103 EATON CORP PLC	AT COST	17,114	20,426
N53745100 LYONDELLBASELL INDU-	AT COST	18,550	20,086
009158106 AIR PRODUCTS AND CHE	AT COST	11,690	13,428
037833CQ1 APPLE INC 2.3% 11 MA	AT COST	5,989	5,790
110709BN1 BRITISH COLUMBIA PRO	AT COST	5,946	5,921
17275R102 CISCO SYS INC	AT COST	20,424	33,398
172967KB6 CITIGROUP INC	AT COST	8,991	8,864
191216100 COCA-COLA CO USD	AT COST	22,222	25,089
3128MMTP8 FG G18557 3% 01 JUN	AT COST	4,146	3,980
594918104 MICROSOFT CORP COM	AT COST	14,862	31,082
78012KKU0 ROYAL BANK OF CANADA	AT COST	6,000	5,890
931142ED1 WALMART INC 3.55% 26	AT COST	5,986	5,978
94988J5N3 WELLS FARGO BANK NA	AT COST	5,998	5,885
018802108 ALLIANT ENERGY CORP	AT COST	15,484	22,607
031162CH1 AMGEN INC	AT COST	5,992	5,596
037833DC1 APPLE INC 2.1% 12 SE	AT COST	5,954	5,725
060505104 BANK AMER CORP	AT COST	29,991	25,685
20030NAZ4 COMCAST CORP	AT COST	5,355	5,088
20030NCK5 COMCAST CORP 4% 01 M	AT COST	5,724	5,236
25746U109 DOMINION RES INC VA	AT COST	19,411	20,283
30231G102 EXXON MOBIL CORP	AT COST	34,841	34,262
3128MMTS2 FG G18560 2.5% 01 JU	AT COST	8,638	8,215
3128PXKV7 FHLMC GOLD J17508	AT COST	3,511	3,348
3138ABBY4 FNMA POOL 0AH905	AT COST	6,779	6,586
458140AJ9 INTEL CORP	AT COST	6,128	6,006
46625H100 J P MORGAN CHASE & C	AT COST	23,388	37,394
539439AR0 LLOYDS BANKING GROUP	AT COST	6,000	5,733
59022CAJ2 MERRILL LYNCH & CO I	AT COST	5,685	5,591
59156R108 METLIFE INC	AT COST	20,874	18,741
631103108 NASDAQ STK MKT INC	AT COST	10,010	9,105
681919106 OMNICOM GROUP INC CO	AT COST	23,757	21,107
713448108 PEPSICO INC	AT COST	19,072	22,476
755111507 RAYTHEON CO	AT COST	6,127	10,327
808513AW5 THE CHARLES SCHWAB C	AT COST	6,005	5,980
912828WZ9 U S TREASURY NOTE	AT COST	2,905	2,880
931142103 WAL MART STORES INC	AT COST	20,421	30,385
H1467J104 CHUBB LTD	AT COST	25,743	28,355
00206RCP5 AT&T INC	AT COST	5,560	5,413
126408HJ5 CSX CORP 3.8% 01 MAR	AT COST	5,983	5,788
14040HBP9 CAPITAL ONE FINANCIA	AT COST	6,000	5,915
3134A4KX1 FEDERAL HOME LN MTG	AT COST	18,300	16,848
3138WF2Z8 FNMA POOL # AS6191	AT COST	4,366	4,121
3140GYKA6 FN BH9288 4% 01 FEB	AT COST	11,818	11,496
437076102 HOME DEPOT INC USD 0	AT COST	9,842	8,442
46625HRY8 JPMORGAN CHASE & CO	AT COST	12,239	11,544
682680103 ONEOK INC NEW	AT COST	9,969	10,824
717081103 PFIZER INC COM	AT COST	30,963	39,572
91913YAU4 VALERO ENERGY CORP 3	AT COST	5,935	5,535
94106L109 WASTE MANAGEMENT INC	AT COST	14,309	26,036
189054109 CLOROX COMPANY COMMO	AT COST	19,968	23,158
3128MJXK1 FHLMC GOLD G08681	AT COST	8,169	7,758
31335ACR7 FHLMC POOL #G6-008	AT COST	4,797	4,555
3135G0K36 FED NATL MTG ASSN	AT COST	5,541	5,551
3138A7GY8 FN AH5614 3.5% 01 FE	AT COST	6,355	6,163
553530106 MSC INDL DIRECT INC	AT COST	11,886	10,214
65339F101 NEXTERA ENERGY INC	AT COST	15,268	25,875
674599105 OCCIDENTAL PETROLEUM	AT COST	9,804	9,658
74432QBP9 PRUDENTIAL FINANCIAL	AT COST	5,229	5,120
85771PAN2 STATOIL ASA	AT COST	6,079	6,032
902973304 US BANCORP DEL	AT COST	18,441	21,535
94974BGE4 WELLS FARGO & COMPAN	AT COST	5,982	5,644
00206R102 AT&T INC	AT COST	30,783	26,998
17275RBL5 CISCO SYSTEMS INC 2.	AT COST	5,999	5,468
31419AG27 FNMA POOL AE0216	AT COST	7,352	7,059
58933Y105 MERCK & CO INC	AT COST	29,364	37,836
61761JVL0 MORGAN STANLEY	AT COST	6,011	5,847
911312106 UNITED PARCEL SVC IN	AT COST	9,974	8,097
912810RB6 U S TREASURY NOTE	AT COST	47,654	43,785
912828R36 U S TREASURY NOTE	AT COST	11,269	10,813
G491BT108 INVESCO LTD	AT COST	13,447	7,902
00912XAU8 AIR LEASE CORP 2.125	AT COST	5,906	5,906
BP CAPITAL MARKETS AMERICA INC	AT COST	6,006	5,881
FANNIE MAE POOL FN AS9585 4% 0	AT COST	11,760	11,579
FANNIE MAE POOL FN CA0853 3.5%	AT COST	12,286	12,070
TD AMERITRADE HOLDING CORP 3.7	AT COST	5,987
UNITED STATES TREASURY NOTE/BO	AT COST	6,015	5,928

Category	Amount	Net Investment Income
FEDERAL ESTIMATES - PRINCIPAL	920	0
FOREIGN TAXES ON QUALIFIED FOR	150	150
FOREIGN TAXES ON NONQUALIFIED	46	46

Description	Amount
LOSS ON PY SALES SETTLED IN CY	10
MUTUAL FUNDING TIMING DIFFERENCE	122
ROUNDING	11