TY 2017 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2019

Open to Public Inspection

For calendar year 2019, or tax year beginning 09-01-2017 , and ending 08-31-2018

Name of foundation
THE ERVIL A THIEL AND RONALD E THIEL
CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)13540 MEADOWGRASS DR
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
COLORADO SPRINGS, CO80921

A Employer identification number

48-6373749

B Telephone number (see instructions)

(719) 955-4801

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

$6,411,306J 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	6,730		6,730	6,730
4	Dividends and interest from securities...	145,674		145,674	145,674
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		260,074
b	Gross sales price for all assets on line 6a 607,454
7	Capital gain net income (from Part IV, line 2)...			260,074
8	Net short-term capital gain.........
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).......		16,727	16,727	16,727
12	Total. Add lines 1 through 11........	429,205		429,205	169,131
13	Compensation of officers, directors, trustees, etc.	64,752		55,039		9,713
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,750	1,488		262
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		-3,829	-3,255		-574
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1	1
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	62,674		53,273		9,401
25	Contributions, gifts, grants paid.......	297,635				297,635
26	Total expenses and disbursements. Add lines 24 and 25	360,309		53,273		307,036
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	68,896
b	Net investment income (if negative, enter -0-)			375,932
c	Adjusted net income (if negative, enter -0-)...				169,131

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2019)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	568,163	12,853	12,853
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	70,345	80,125	89,696
	b	Investments—corporate stock (attach schedule).......	773,690	615,040	1,486,506
	c	Investments—corporate bonds (attach schedule).......	50,000	50,000	50,533
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,376,652	4,149,717	4,771,718
	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)	4,838,850	4,907,735	6,411,306
	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........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds	4,838,850	4,907,735
	29	Total net assets or fund balances (see instructions).....	4,838,850	4,907,735
	30	Total liabilities and net assets/fund balances (see instructions).	4,838,850	4,907,735

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

4,838,850

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

68,896

Other increases not included in line 2 (itemize) bullet

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

4,907,746

Decreases not included in line 2 (itemize) bullet

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

4,907,735

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	748.42 GNMA II POOL #82519	P	2010-06-28	2017-09-20
b	2551.85 GNMA II POOL #82519	P	2010-06-28	2017-10-20
c	50000 FED HOME LN BKS DEB	P	2009-03-02	2017-11-15
d	1467.84 GNMA II POOL #82519	P	2010-06-28	2017-11-20
e	1960.414 HARTFORD MUT FDS INC CAP	P	2009-09-29	2017-12-06
	4444.444 TEMPLETON GLOBAL BOND FUND	P	2016-09-01	2017-12-06
	2000 VF CORP	P	2009-02-02	2017-12-06
	375.8 GNMA II POOL #82519	P	2010-06-28	2017-12-20
	105.57 GNMA II POOL #82519	P	2010-06-28	2018-01-22
	103.59 GNMA II POOL #82519	P	2010-06-28	2018-02-20
	104.33 GNMA II POOL #82519	P	2010-06-28	2018-03-20
	549.03 GNMA II POOL #82519	P	2010-06-28	2018-04-20
	106 GNMA II POOL #82519	P	2010-06-28	2018-05-21
	1342.47 GNMA II POOL #82519	P	2010-06-28	2018-06-20
	783.83 GNMA II POOL #82519	P	2010-06-28	2018-07-20
	0422.071 FIDELITY ADV NEW INSIGHTS	P	2009-09-29	2018-07-26
	71.707 HARTFORD MUT FDS INC CAP	P	2011-12-23	2018-07-26
	1080 VF CORP	P	2009-02-02	2018-07-26
	1700 WILLIAMS COS INC DEL	P	2009-02-02	2018-07-26
	260 GLAXOSMITHKLINE PLC SPONSORED ADR	P	2010-10-29	2018-07-26
	310 GLAXOSMITHKLINE PLC SPONSORED ADR	P	2010-09-27	2018-07-26
	656.63 GNMA II POOL #82519	P	2010-06-28	2018-08-20
	DEVONSHIRE REIT II	P	2017-06-01	2018-08-31
	WINDOW ROCK RES RECOVERY	P	2017-09-01	2017-09-30
	WINDOW ROCK RES RECOVERY	P	2015-09-01	2018-08-31
	DEVONSHIRE OPERATING PARTNERSHIP	P	2015-09-01	2018-08-31
	Capital Gain Dividends

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	748	777	-29
b	2,552	2,651	-99
c	50,000	50,323	-323
d	1,468	1,525	-57
e	94,806	60,969	33,837
	53,955	50,000	3,955
	143,427	38,075	105,352
	376	390	-14
	105	110	-5
	104	108	-4
	104	108	-4
	549	570	-21
	106	110	-4
	1,342	1,394	-52
	784	813	-29
	50,000	23,080	26,920
	3,420	2,254	1,166
	101,294	20,561	80,733
	50,048	49,447	601
	10,477	10,158	319
	12,492	12,586	-94
	657	681	-24
		785	-785
		1,804	-1,804
		18,101	-18,101
	286		286
			28,354

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			-29
b			-99
c			-323
d			-57
e			33,837
			3,955
			105,352
			-14
			-5
			-4
			-4
			-21
			-4
			-52
			-29
			26,920
			1,166
			80,733
			601
			319
			-94
			-24
			-785
			-1,804
			-18,101
			286

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	260,074
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	-1,804

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	293,511	6,188,988	0.04743
2017	319,092	6,088,907	0.05241
2016	319,445	6,646,168	0.04807
2015	289,584	6,428,243	0.04505
2014	281,187	5,848,672	0.04808

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

0.241021

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 ......

0.048204

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

6,302,688

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

303,815

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

3,759

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

307,574

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

307,036

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	7,519
	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
3	Add lines 1 and 2...........................	3	7,519
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	7,519
6	Credits/Payments:

a	2019 estimated tax payments and 2018 overpayment credited to 2019	6a	2,040
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	11,700
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	13,740
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
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	6,221
11	Enter the amount of line 10 to be: Credited to 2020 estimated tax6,221	Refunded	11

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

INTEGRITY WEALTH ADVISORS Telephone no. bullet

(719) 495-4801

Located at bullet

13540 MEADOWGRASS DR STE 100COLORADO SPRINGSCO ZIP+4 bullet

80921

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
INTEGRITY BANK AND TRUST	Trustee 14.00	64,752
5550 POWERS CENTER POINT COLORADO SPRINGS,CO80920	Trustee 14.00	64,752

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

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

5,946,732

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

451,936

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

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

6,398,668

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

6,398,668

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

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

95,980

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

6,302,688

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

315,134

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

315,134

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

7,519

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

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

7,519

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

307,615

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

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

307,615

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

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

307,615

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 ..........

307,036

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

307,036

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

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

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

307,036

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	(c) 2018	(d) 2019
1 Distributable amount for 2019 from Part XI, line 7			307,615
2 Undistributed income, if any, as of the end of 2019:
a Enter amount for 2018 only.......		296,801
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2019:
a From 2014......
b From 2015......
c From 2016......
d From 2017......
e From 2018......
fTotal of lines 3a through e........
4Qualifying distributions for 2019 from Part
XII, line 4: $ 307,036
a Applied to 2018, but not more than line 2a		296,801
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2019 distributable amount.....			10,235
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2019.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2018. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2019. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2020 ..........			297,380
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) .......
8 Excess distributions carryover from 2014 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2020. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2015....
b Excess from 2016....
c Excess from 2017....
d Excess from 2018....
e Excess from 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 section4942(j)(3) or4942(j)(5)

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2019)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CENTRAL BAPTIST THEOLOGICAL SEMINAR 741 N 31ST ST KANSAS CITY,KS66102	NONE	N/A	TO LAUNCH THE BUTTRY CENTER FOR PEACE & NONVIOLENCE. HIRING OF DIRECTOR FOR 1ST YEAR OF OPERATIONS.	50,000
OTTAWA UNIVERSITY 1001 S CEDAR OTTAWA,KS66067	NONE	N/A	START-UP OF MULTI-REGIONAL YOUTH LEADERSHIP PROGRAM WHICH FOSTERS PATRIOTISM AND SPURS SERVICE TO GOD AND COUNTRY	50,000
AMERICAN BAPTIST FOUNDATION PO BOX 851 VALLEY FORGE,PA19482	NONE	N/A	FUNDING FOR RENOVATIONS ON PROPERTY PURCHASED IN EAST NORRITON, PA	25,000
FIRST BAPTIST CHURCH 8200 W 96TH ST OVERLAND PARK,KS66212	NONE	N/A	TO PURCHASE SOLAR PANELS FOR THE CHURCH.	75,000
AMERICAN CANCER SOCIETY 250 WILLIAMS STREET NW ATLANTA,GA30303	NONE	N/A	TO PROVIDE TRANSPORTATION TO TREATMEANT FOR HOPE LODGE GUESTS WHO FIND TRAVEL TO BE A STRUGGLE AND BARRIER TO THEIR NECESSARY CANCER TREATMENT.	42,000
AMERICAN HEART ASSOCIATION 7272 GREENVILLE AVE DALLAS,TX75231	NONE	N/A	SUPPORT FOR CONTROL A NEW AND IMPACTFUL PROGRAM IN KC WORKING WITH COMMUNITY PARTNERS TO DEVELOP A SUSTAINABLE PLAN THAT REDUCES THE BURDEN OF HIGH BLOOD PRESSURE AND IMPROVES CARDIO HEALTH IN THE GREATER KC AREA.	20,000
CAMP CHRISTY 320 CAMP CHRISTY DR SCOTT CITY,KS67871	NONE	N/A	TO IMPROVE THE ENERGY EFFICIENCY AND AESTHETICS OF CAMP DINING HALL; IMPROVE EXTERIOR INSULATION; REMODEL KITCHEN AND DINING HALL	24,000
FIRST BAPTIST CHURCH 615 W WEBSTER ST COLBY,KS67701	NONE	N/A	BUY NEW REFRIGERATOR, COMPUTER AND MARQUEE WITH LED SIGN BOARD FOR CHURCH	11,635
Total ................................. 3a				297,635

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 ...........					6,730
4 Dividends and interest from securities....					145,674
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 ............					260,074
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aDEVONSHIRE REIT			14	-2,978
bJIOL LLC			14	27,482
cWINDOW ROCK RR FUND C LP			14	-7,777
d
e
12 Subtotal. Add columns (b), (d), and (e)..				16,727	412,478

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

429,205

(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:	17005038
Software Version:	2017v2.2

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2017 AccountingFeesSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION	1,750	1,488	0	262

- TIN:

TY 2017 InvestmentsCorpBondsSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GENERAL ELECTRIC CAP CORP	50,000	50,533

- TIN:

TY 2017 InvestmentsCorpStockSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AT& T INC COMMON	22,969	24,274
DISNEY WALT CO COMMON DISNEY	9,096	33,606
EXXON MOBIL CORP COMMON	20,916	20,043
INTERNATIONAL BUSINESS MACHS COMMON	12,922	14,648
JOHNSON & JOHNSON COMMON	61,462	131,323
KINDER MORGAN ENERGY PARTNER UT LTD PTNR	14,410	9,841
MCDONALDS CORP COMMON	22,872	64,892
MICROSOFT CORP COMMON	31,964	124,686
PROCTER & GAMBLE CO COMMON	74,257	90,001
V F CORP COMMON	116,890	565,678
VISA	16,315	117,512
WILLIAMS COS INC DEL COMMON	114,600	116,585
INTEL CORP COMMON	16,988	38,986
VERIZON COMMUNICATIONS INC COMMON	29,518	48,933
ASTRAZENECA PLC SPONSORED ADR	49,861	85,498
GLAXOSMITHKLINE PLC SPONSORED ADR

- TIN:

TY 2017 InvestmentsGovtObligationsSch

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

US Government Securities - End of Year Book Value:

80,125

US Government Securities - End of Year Fair Market Value:

89,696

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2017 InvestmentsOtherSchedule2

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
JIOL LLC	AT COST	207,029	301,350
CARTER VALIDUS MISSION CRITICAL REIT	AT COST	128,551	134,624
WINDOW ROCK RR FD C LP	AT COST	138,487	190,353
OPPENHEIMER STEELPATH MLP FDS TR INCOME	AT COST	94,925	56,750
BAL-RCI PARTNERS LLC	AT COST	69,127	57,465
DEVONSHIRE REIT II OPERATING PARTNERSHIP	AT COST	27,496	23,936
AEQUITAS INCOME OPPORTUNITY FUND II NOTE	AT COST	100,000	59,600
INTEGRITY CAPITAL INCOME FUND, INC	AT COST	292,251	348,522
DAVIDSON KEMPER E1 PREFERRED	AT COST	26,487	27,823
COVANGUARD DEV MARKETS IDX	AT COST	50,000	49,218
VANGUARD EMERGING MKTS	AT COST	50,000	48,221
VANGUARD SMALL CAP	AT COST	25,000	25,803
DFA 5-YEAR GLOBAL FXD FD	AT COST	105,000	104,880
ISHARES INC MSCI AUSTRALIA	AT COST	77,219	78,940
ISHARES TR RUSSELL 2000	AT COST	38,326	95,161
ISHARES TR RUSSELL MIDCAP	AT COST	44,158	105,987
JPMORGAN CHASE & CO ALERIAN ML ETN	AT COST	134,495	138,096
POWERSHARES ETF TRUST FND PR MIDGRT PT	AT COST	38,901	121,010
POWERSHARES ETF TRUST FND PUR LRGCR PT	AT COST	36,971	92,446
POWERSHARES QQQ TRUST UNIT SER 1	AT COST	24,929	95,192
SPDR KBW B ANK	AT COST	16,727	30,393
SPDR S&P DIVIDEND	AT COST	74,366	148,879
SPDR S&P EMERGING MARKETS SMALL CAP	AT COST	78,040	73,849
DODGE & COX FDS INTL STK FD	AT COST	119,103	137,313
FIDELITY ADV NEW INSIGHTS	AT COST	76,920	169,178
HARTFORD MUT FDS INC CAP APPREC Y	AT COST
ISHARES TR IBOXX INV CPBD	AT COST	126,675	126,407
MFS SER TR III HI YLD OPP 1	AT COST	27,157	23,791
POWERSHARES GLOBAL ETF TRUST SOVEREIGN	AT COST	21,830	20,638
FIDELITY NEW MARKETS INCOME	AT COST	41,374	37,531
VANGUARD SCOTTSDALE FDS	AT COST	154,337	152,096
MILLER CONVERTIBLE I	AT COST	54,296	59,150
GUGGENHEIM BULLETSHARES 2018 CORP BOND	AT COST	103,214	102,943
GUGGENHEIM BULLETSHARES 2020 CORP BOND	AT COST	53,025	53,277
DFA EMERGING MARKETS CORE	AT COST	74,878	78,066
DFA INTERNATIONAL CORE EQUITY	AT COST	80,000	95,124
DFA US SMALL VALUE	AT COST	75,000	87,849
BAIRD CORE PLUS BOND INST	AT COST	275,000	265,229
PERFORMANCE TRUST STRATEGIC BOND	AT COST	175,000	169,551
PRINCIPAL INV FD HIGH YIELD	AT COST	182,500	182,260
TCW EMERGING MARKETS INCOME	AT COST	152,500	142,856
TEMPLETON GLOBAL BOND FUND ADVISOR CLASS	AT COST
VANGUARD TOTAL BOND MARKET INDEX ADM	AT COST	400,000	381,980
ISHARES MSCI EAFE SMALL CAP	AT COST	75,091	74,649
DK CASH ESCROW 2/9/19	AT COST	3,332	3,332

- TIN:

TY 2017 OtherDecreasesSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Description	Amount
NON-DEDUCTIBLE EXP PER K-1	11

- TIN:

TY 2017 OtherExpensesSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
DONATIONS FROM K-1'S	1	1

- TIN:

TY 2017 OtherIncomeSchedule2

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
DEVONSHIRE REIT	-2,978	-2,978	-2,978
JIOL LLC	27,482	27,482	27,482
WINDOW ROCK RR FUND C LP	-7,777	-7,777	-7,777

- TIN:

TY 2017 TaxesSchedule

Name:

THE ERVIL A THIEL AND RONALD E THIEL

CHARITABLE TRUST

EIN:

48-6373749

Software ID:

17005038

Software Version:

2017v2.2

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME	3,829	-3,255		-574