Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo 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 12-01-2017 , and ending 11-30-2018
Name of foundation
JEAN RISLEY EDUCATIONAL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

94-3117918
B Telephone number (see instructions)

(888) 730-4933
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$718,179J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 17,528 17,528  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 38,255
b Gross sales price for all assets on line 6a 215,613
7 Capital gain net income (from Part IV, line 2)... 38,255
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)....... Click to see attachment 80    
12 Total. Add lines 1 through 11........ 55,863 55,783  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,600 8,700   2,900
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)....... Click to see attachment 1,145 0 0 1,145
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 305 305   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)....... Click to see attachment 3,661 9   3,652
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,711 9,014 0 7,697
25 Contributions, gifts, grants paid....... 29,500 29,500
26 Total expenses and disbursements. Add lines 24 and 25 46,211 9,014 0 37,197
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,652
b Net investment income (if negative, enter -0-) 46,769
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 8,893 26,837 26,837
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet0      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 612,037 Click to see attachment606,172 691,342
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 620,930 633,009 718,179
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
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 bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 620,930 633,009
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)..... 620,930 633,009
30 Total liabilities and net assets/fund balances (see instructions). 620,930 633,009
Part III
Analysis of Changes in Net Assets or Fund Balances
1
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
620,930
2
Enter amount from Part I, line 27a .....................
2
9,652
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,552
4
Add lines 1, 2, and 3 ..........................
4
633,134
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
125
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
633,009
Form 990-PF (2019)
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 70. AQR MANAGED FUTURES STR-I   2014-10-21 2018-01-25
b 3. AFFILIATED MANAGERS GROUP, INC COM     2018-01-25
c 14. AMERIPRISE FINL INC     2018-01-25
d 6. APPLE INC   2016-08-24 2018-01-25
e 4. BOEING CO   2011-03-18 2018-01-25
4. CELANESE CORP   2015-08-28 2018-01-25
11. CISCO SYSTEMS INC     2018-01-25
8. CITIGROUP INC   2014-06-10 2018-01-25
7. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2018-01-25
14. COMCAST CORP CLASS A   2015-08-28 2018-01-25
7. ISHARES S&P MID-CAP 400 GROWTH     2018-01-25
3. ISHARES S&P MID-CAP 400 VALUE   2014-05-01 2018-01-25
203. ISHARES CORE S&P SMALL-CAP E     2018-01-25
5. JPMORGAN CHASE & CO   2008-11-26 2018-01-25
21. MANULIFE FINANCIAL CORP   2015-12-17 2018-01-25
6. MICROSOFT CORP   2016-04-26 2018-01-25
32. NEUBERGER BERMAN LONG SH-INS #1830   2014-06-19 2018-01-25
3. PNC FINANCIAL SERVICES GROUP   2015-05-27 2018-01-25
17. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-01-19 2018-01-25
12. SPIRIT AEROSYTSEMS HOLD-CL A   2016-10-05 2018-01-25
14. SUNCOR ENERGY INC NEW F     2018-01-25
5. TJX COMPANIES INC   2011-06-30 2018-01-25
5. UNION PACIFIC CORP     2018-01-25
3. UNITEDHEALTH GROUP INC   2014-10-28 2018-01-25
163. VANGUARD BD INDEX FD INC     2018-01-25
19. VANGUARD BD INDEX FD INC   2017-10-23 2018-01-25
22. VANGUARD EUROPE PACIFIC ETF   2013-02-13 2018-01-25
315.889 VANGUARD INFLAT-PROT SECS-ADM 5119     2018-01-25
42. VANGUARD FTSE EMERGING MARKETS ETF   2017-01-19 2018-01-25
18. CISCO SYSTEMS INC   2014-10-28 2018-03-07
5. UNITEDHEALTH GROUP INC     2018-03-07
18. AFFILIATED MANAGERS GROUP, INC COM     2018-04-10
47. EATON VANCE GLOB MACRO ADV-I 208   2017-10-24 2018-04-19
35. FID ADV EMER MKTS INC- CL I 607   2013-10-17 2018-04-19
68. VANGUARD INTERMEDIATE TERM B   2017-04-21 2018-04-19
113. VANGUARD BD INDEX FD INC     2018-04-19
5. ZOETIS INC   2017-04-25 2018-04-19
17. BAYER AG ADR- RIGHTS DEEMED 7/15/18   2016-12-09 2018-07-02
100.919 T ROWE PR REAL ESTATE-I #432   2017-10-24 2018-07-11
905.081 T ROWE PR REAL ESTATE-I #432     2018-07-11
27. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-01-19 2018-07-11
41. VANGUARD REIT VIPER   2009-02-10 2018-07-11
9. VANGUARD REIT VIPER   2018-04-19 2018-07-11
48. COMCAST CORP CLASS A     2018-07-12
14. MCKESSON CORP     2018-07-17
21. CITIGROUP INC     2018-08-13
1. ALPHABET INC/CA   2016-10-25 2018-09-21
10. APPLE INC     2018-09-21
68. BAYER AG - ADR   2016-12-09 2018-09-21
15.83 BLACKROCK GL L/S CREDIT-K #1940   2017-10-24 2018-09-21
365.17 BLACKROCK GL L/S CREDIT-K #1940   2015-10-27 2018-09-21
10. CISCO SYSTEMS INC     2018-09-21
5. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2018-09-21
4. DIAGEO PLC - ADR     2018-09-21
3. HOME DEPOT INC   2017-03-31 2018-09-21
12. ISHARES S&P MID-CAP 400 GROWTH   2011-08-19 2018-09-21
37. ISHARES RUSSELL 2000 ETF   2018-01-25 2018-09-21
5. ISHARES S&P MID-CAP 400 VALUE   2018-04-19 2018-09-21
16. ISHARES S&P MID-CAP 400 VALUE     2018-09-21
8. MERCK & CO INC NEW   2016-04-26 2018-09-21
15. MICROSOFT CORP     2018-09-21
38. ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-19 2018-09-21
1647. NEUBERGER BERMAN LONG SH-INS #1830     2018-09-21
10. NIKE INC CL B   2017-11-01 2018-09-21
3. PNC FINANCIAL SERVICES GROUP   2015-05-27 2018-09-21
21. ROCHE HOLDINGS LTD - ADR   2015-02-27 2018-09-21
5. TARGET CORP     2018-09-21
3. THERMO FISHER SCIENTIFIC INC     2018-09-21
9. TOTAL S.A. - ADR   2017-08-09 2018-09-21
3. UNION PACIFIC CORP   2015-08-28 2018-09-21
2. UNITEDHEALTH GROUP INC   2008-03-14 2018-09-21
40. VANGUARD INTERMEDIATE TERM B   2017-10-23 2018-09-21
87. VANGUARD INTERMEDIATE TERM B     2018-09-21
5. TE CONNECTIVITY LTD   2016-11-08 2018-09-21
19. CISCO SYSTEMS INC     2018-10-01
59. MANULIFE FINANCIAL CORP     2018-10-01
5. PNC FINANCIAL SERVICES GROUP     2018-10-01
5. TJX COMPANIES INC   2011-06-30 2018-10-01
6. UNION PACIFIC CORP   2015-08-28 2018-10-01
164.821 T ROWE PR REAL ESTATE-I #432   2018-01-26 2018-11-15
243.179 T ROWE PR REAL ESTATE-I #432   2015-12-28 2018-11-15
290. SPDR DJ WILSHIRE INTERNATIONAL REAL     2018-11-15
50. SCHLUMBERGER LTD     2018-11-26
10. SCHLUMBERGER LTD   2018-11-15 2018-11-26
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 677   727 -50
b 631   421 210
c 2,442   1,635 807
d 1,043   652 391
e 1,360   277 1,083
441   239 202
466   303 163
637   395 242
547   412 135
603   396 207
1,598   668 930
494   361 133
16,178   4,167 12,011
578   142 436
456   309 147
552   308 244
481   413 68
474   288 186
717   617 100
1,202   563 639
525   391 134
396   133 263
665   473 192
737   273 464
12,846   13,034 -188
1,497   1,515 -18
1,049   806 243
8,043   8,242 -199
2,121   1,552 569
796   431 365
1,135   349 786
3,189   1,757 1,432
485   503 -18
476   479 -3
5,503   5,750 -247
8,826   9,014 -188
427   276 151
28     28
2,869   2,864 5
25,731   25,800 -69
1,060   981 79
3,378   1,016 2,362
741   677 64
1,650   761 889
1,887   1,511 376
1,456   998 458
1,173   817 356
2,187   315 1,872
1,527   1,681 -154
165   166 -1
3,809   3,805 4
484   237 247
387   295 92
565   444 121
636   441 195
2,834   1,083 1,751
6,319   5,876 443
852   793 59
2,725   1,923 802
569   448 121
1,713   726 987
428   440 -12
25,133   22,444 2,689
854   551 303
431   288 143
643   716 -73
437   303 134
731   275 456
571   463 108
495   260 235
533   76 457
3,212   3,382 -170
6,986   7,530 -544
463   327 136
929   421 508
1,057   852 205
679   475 204
562   133 429
986   520 466
4,538   4,574 -36
6,695   6,699 -4
10,732   10,456 276
2,326   3,763 -1,437
465   481 -16
      689
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       -50
b       210
c       807
d       391
e       1,083
      202
      163
      242
      135
      207
      930
      133
      12,011
      436
      147
      244
      68
      186
      100
      639
      134
      263
      192
      464
      -188
      -18
      243
      -199
      569
      365
      786
      1,432
      -18
      -3
      -247
      -188
      151
      28
      5
      -69
      79
      2,362
      64
      889
      376
      458
      356
      1,872
      -154
      -1
      4
      247
      92
      121
      195
      1,751
      443
      59
      802
      121
      987
      -12
      2,689
      303
      143
      -73
      134
      456
      108
      235
      457
      -170
      -544
      136
      508
      205
      204
      429
      466
      -36
      -4
      276
      -1,437
      -16
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 38,255
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 ................... 		Bracket 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?
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 35,229 750,364 0.046949
2017 17,735 701,501 0.025282
2016 29,113 736,257 0.039542
2015 23,247 753,283 0.030861
2014 24,700 725,248 0.034057
2
Total of line 1, column (d) .....................
2
0.176691
3
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 ......
3
0.035338
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
753,831
5
Multiply line 4 by line 3......................
5
26,639
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
468
7
Add lines 5 and 6........................
7
27,107
8
Enter qualifying distributions from Part XII, line 4,.............
8
37,197
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)
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 Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
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 1 468
hereBulletand 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........................... 3 468
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- ..... 5 468
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 247
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.............. 7 247
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.......Bullet 9 221
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
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$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    b
    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 .
    8b
    Yes
     
    9
    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 .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    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 .............
    11
     
    No
    12
    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.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    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
    15
     
    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
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    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 ........
    1b
     
    No
    ........bullet
    c
    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?.............
    1c
     
    No
    2
    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)):
    a
    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?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    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.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    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 ......
    5b
     
    No
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    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? .................
    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
    Wells Fargo Bank NA Trustee
    1     		11,600    
    100 N Main St MAC D4001-117
    Winston Salem,NC27101
    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...................bullet 0
    Form 990-PF (2019)
    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.............bullet0
    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)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    737,182
    b
    Average of monthly cash balances.......................
    1b
    28,129
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    765,311
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    765,311
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,480
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    753,831
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    37,692
    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.)
    1
    Minimum investment return from Part X, line 6....................
    1
    37,692
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    468
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    468
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    37,224
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    37,224
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    37,224
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    37,197
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    37,197
    5
    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.................
    5
    468
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    36,729
    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)
    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 37,224
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 34,014
    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: bullet$ 37,197
    a Applied to 2018, but not more than line 2a 34,014
    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..... 3,183
    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 ..........     		34,041
    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)
    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 section or
    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
             
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    OREGON STUDENT ASSISTANCE COMMISSIO
    1500 VALLEY RIVER DR SUITE 100
    EUGENE,OR974012185
    (541) 687-7400
    bThe form in which applications should be submitted and information and materials they should include:
    OREGON STUDENT ASSISTANCE COMMISSION
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    Form 990-PF (2019)
    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)
    aPaid during the year
    OREGON STUDENT ACCESS COMMISSION
    1500 VALLEY RIVER DR SUITE 100
    EUGENE,OR97401     		NONE I SCHOLARSHIP 29,500
    Total .................................bullet 3a 29,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    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
    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 17,528  
    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 38,255  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 80  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   55,863  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    55,863
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    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
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    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? ...........
    b
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,145     1,145

    TY 2017 InvestmentsOtherSchedule2
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    872540109 TJX COS INC NEW AT COST 425 1,563
    464287606 ISHARES S&P MIDCAP 4 AT COST 9,653 27,666
    58933Y105 MERCK & CO INC NEW AT COST 2,486 3,650
    779919307 T ROWE PR REAL ESTAT AT COST 6,891 7,431
    64128R608 NEUBERGER BERMAN LON AT COST 12,755 14,334
    254687106 WALT DISNEY CO AT COST 1,251 3,465
    437076102 HOME DEPOT INC AT COST 2,120 2,524
    405217100 HAIN CELESTIAL GROUP AT COST 2,173 1,097
    315920702 FID ADV EMER MKTS IN AT COST 38,593 35,568
    517834107 LAS VEGAS SANDS CORP AT COST 3,211 3,406
    150870103 CELANESE CORP AT COST 1,731 3,533
    922042858 VANGUARD EMERGING MA AT COST 30,175 35,959
    03076C106 AMERIPRISE FINL INC AT COST 1,844 2,206
    77958B402 T ROWE PRICE INST FL AT COST 6,804 6,717
    12572Q105 CME GROUP INC AT COST 1,939 3,992
    037833100 APPLE COMPUTER INC C AT COST 2,010 8,750
    17275R102 CISCO SYSTEMS INC AT COST 2,309 5,266
    594918104 MICROSOFT CORP AT COST 4,068 10,091
    654106103 NIKE INC CL B AT COST 3,363 4,432
    771195104 ROCHE HOLDINGS LTD - AT COST 3,460 3,438
    87612E106 TARGET CORP AT COST 797 1,632
    91324P102 UNITEDHEALTH GROUP I AT COST 1,382 5,909
    464287655 ISHARES RUSSELL 2000 AT COST 42,084 40,444
    02079K107 ALPHABET INC/CA AT COST 1,905 5,472
    172967424 CITIGROUP INC AT COST 2,027 2,851
    78463X863 SPDR DJ WILSHIRE INT AT COST 5,592 7,246
    192446102 COGNIZANT TECH SOLUT AT COST 3,642 4,487
    907818108 UNION PACIFIC CORP AT COST 1,839 5,229
    26875P101 EOG RESOURCES, INC AT COST 2,955 2,893
    375558103 GILEAD SCIENCES INC AT COST 1,293 2,158
    512807108 LAM RESEARCH CORP CO AT COST 2,380 2,511
    46090F100 INVESCO OPTIMUM YIEL AT COST 15,032 13,001
    92206C409 VANGUARD S/T CORP BO AT COST 10,558 10,487
    00203H859 AQR MANAGED FUTURES AT COST 24,793 20,823
    00206R102 AT & T INC AT COST 4,727 4,311
    848574109 SPIRIT AEROSYTSEMS H AT COST 985 1,719
    609207105 MONDELEZ INTERNATION AT COST 3,955 4,138
    464287705 ISHARES S&P MIDCAP 4 AT COST 11,738 27,778
    921943858 VANGUARD EUROPE PACI AT COST 30,514 33,350
    98978V103 ZOETIS INC AT COST 1,599 2,722
    89151E109 TOTAL FINA ELF S.A. AT COST 4,327 4,838
    46625H100 JPMORGAN CHASE & CO AT COST 1,275 4,559
    H42097107 UBS GROUP AG AT COST 3,190 2,178
    867224107 SUNCOR ENERGY INC NE AT COST 4,124 4,682
    4812C0803 JPMORGAN HIGH YIELD AT COST 14,999 14,687
    277923264 EATON VANCE GLOB MAC AT COST 23,274 20,682
    921937819 VANGUARD INTERMEDIAT AT COST 94,882 90,742
    532457108 ELI LILLY & CO COM AT COST 2,482 3,441
    911312106 UNITED PARCEL SERVIC AT COST 2,796 3,805
    09247X101 BLACKROCK INC AT COST 2,455 2,996
    084670702 BERSHIRE HATHAWAY IN AT COST 744 2,401
    H84989104 TE CONNECTIVITY LTD AT COST 2,544 2,923
    46434G103 ISHARES CORE MSCI EM AT COST 22,792 21,618
    G29183103 EATON CORP PLC AT COST 2,299 3,078
    921937827 VANGUARD BD INDEX FD AT COST 18,324 18,427
    126650100 CVS/CAREMARK CORPORA AT COST 3,124 4,732
    Y2573F102 FLEXTRONICS INTL LTD AT COST 3,058 1,575
    097023105 BOEING COMPANY AT COST 485 2,427
    693475105 PNC FINANCIAL SERVIC AT COST 2,567 3,666
    883556102 THERMO FISHER SCIENT AT COST 1,226 4,242
    56501R106 MANULIFE FINANCIAL C AT COST 1,962 2,262
    09260C703 BLACKROCK GL L/S CRE AT COST 22,039 22,080
    87234N765 TCW EMRG MKTS INCM-I AT COST 30,871 29,522
    20030N101 COMCAST CORP CLASS A AT COST 490 2,497
    63872T885 ASG GLOBAL ALTERNATI AT COST 14,909 14,495
    47803M168 JOHN HANCOCK II-CURR AT COST 15,526 14,785
    25243Q205 DIAGEO PLC - ADR AT COST 2,350 3,753

    TY 2017 OtherDecreasesSchedule
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 120
    ROUNDING 5


    TY 2017 OtherExpensesSchedule
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 3,540 0   3,540
    STATE FILING/TAXES PAID 112 0   112
    ADR/INVESTMENT FEES 9 9   0


    TY 2017 OtherIncomeSchedule2
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 80 0  


    TY 2017 OtherIncreasesSchedule
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Description Amount
    GAIN/LOSS ON PY SALES NOT SETTLED AT YE 2,552


    TY 2017 TaxesSchedule
    Name:
    JEAN RISLEY EDUCATIONAL TRUST
    EIN:
    94-3117918
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 218 218   0
    FOREIGN TAXES ON QUALIFIED FOR 21 21   0
    FOREIGN TAXES ON NONQUALIFIED 66 66   0