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
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
WILBUR E POSTLES SCHOLARSHIP FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

51-6010602
B Telephone number (see instructions)

(412) 768-5898
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$5,850,720J 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... 152,574 152,574  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 289,371
b Gross sales price for all assets on line 6a 901,582
7 Capital gain net income (from Part IV, line 2)... 289,371
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 118 118  
12 Total. Add lines 1 through 11........ 442,063 442,063  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 83,279 34,159   49,120
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 3,102 0 0 3,102
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,544 3,448   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 14,088 8,988   5,100
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 109,013 46,595 0 57,322
25 Contributions, gifts, grants paid....... 164,355 164,355
26 Total expenses and disbursements. Add lines 24 and 25 273,368 46,595 0 221,677
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 168,695
b Net investment income (if negative, enter -0-) 395,468
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 121,056 212,899 212,899
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).......... 3,938,175 Click to see attachment4,017,507 5,637,821
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) 4,059,231 4,230,406 5,850,720
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 SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 4,048,069 4,173,258
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 11,162 57,148
30 Total net assets or fund balances (see instructions)..... 4,059,231 4,230,406
31 Total liabilities and net assets/fund balances (see instructions). 4,059,231 4,230,406
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,059,231
2
Enter amount from Part I, line 27a .....................
2
168,695
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,500
4
Add lines 1, 2, and 3 ..........................
4
4,230,426
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
20
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,230,406
Form 990-PF (2018)
Form 990-PF (2018)
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 45. CENTENE CORP   2013-01-11 2018-01-02
b 5. M&T BK CORP   2016-09-07 2018-01-02
c 71. PHYSICIANS REALTY TRUST   2017-06-28 2018-01-02
d 37. SBA COMMUNICATIONS CORP   2009-03-05 2018-01-02
e 36. SLM CORP   2017-05-19 2018-01-03
2. SLM CORP   2017-10-20 2018-01-03
72. WASTE CONNECTIONS INC SEDOL BYVG1F6   2016-06-01 2018-01-03
24. RWE AG SPONSORED ADR REPSTG ORD PAR   2015-04-28 2018-01-05
6. ROYAL DUTCH SHELL PLC ADR B   2016-01-20 2018-01-05
39. SLM CORP   2017-10-20 2018-01-05
77. GLOBAL PAYMENTS INC-W/I   2004-03-25 2018-01-08
.35 LIBERTY INTERACTIVE CORP QVC NAME CHANGE 04/02/18   2015-08-06 2018-01-09
48. PRESTIGE CONSUMER HEALTHCARE INC   2015-03-31 2018-01-09
222. MITSUBISHI ESTATE UNSPON ADR   2013-09-30 2018-01-10
88. GULFPORT ENERGY CORP NEW   2016-04-13 2018-01-11
.194 NATIONAL GRID GROUP PLC SEDOL BZ8FYV0   2012-11-09 2018-01-11
24. BURLINGTON STORES INC   2015-04-01 2018-01-19
11. UNITED OVERSEAS BK LTD SPONSORED ADR   2006-09-26 2018-01-19
560. AMERICAN EXPRESS CO   2010-03-22 2018-01-24
30. BLACKBAUD INC   2016-09-09 2018-01-24
14. BLACKBAUD INC   2017-05-02 2018-01-24
670. CAPITAL ONE FINANCIAL CORP   2010-03-22 2018-01-24
14. EPAM SYSTEMS INC   2017-02-28 2018-01-24
400. EQUITY RESIDENTIAL PPTYS TR SBI   2010-06-03 2018-01-24
690. HERSHEY FOODS CORP COM   2010-06-03 2018-01-24
280. INTERNATIONAL BUSINESS MACHS CORP   2009-02-12 2018-01-24
162. ALLERGAN PLC SEDOL BY9D546   2015-03-17 2018-01-24
31. ROYAL DUTCH SHELL PLC ADR B   2016-01-20 2018-01-25
46. DR PEPPER SNAPPLE GROUP INC   2016-02-03 2018-01-29
23. DR PEPPER SNAPPLE GROUP INC   2017-04-27 2018-01-29
99. IGNYTA INC   2017-11-29 2018-01-29
130. LIBERTY INTERACTIVE CORP QVC NAME CHANGE 04/02/18   2015-08-06 2018-01-29
31. MEDICINES COMPANY   2015-09-15 2018-01-29
6. ALLEGHENY TECHNOLOGIES INC   2016-09-07 2018-01-31
14. TCF FINANCIAL CORP   2016-09-07 2018-01-31
6. TYSON FDS INC COM   2017-05-19 2018-01-31
.091 ROYAL DUTCH SHELL PLC ADR A   2016-06-27 2018-02-01
11. TYSON FDS INC COM   2017-05-19 2018-02-01
18. UNITED STS STL CORP NEW   2017-10-10 2018-02-01
73. SNYDERS LANCE INC   2016-07-08 2018-02-02
24. UNITED STS STL CORP NEW   2017-10-10 2018-02-05
10. RAYMOND JAMES FINANCIAL INC   2004-03-25 2018-02-07
15. COGNEX CORP   2011-08-23 2018-02-08
10. GRUBHUB INC   2017-09-11 2018-02-08
3. IPG PHOTONICS CORP   2011-11-01 2018-02-08
16. KROGER CO   2017-06-30 2018-02-08
3. SVB FINANCIAL GROUP   2016-09-07 2018-02-08
51. UNITED OVERSEAS BK LTD SPONSORED ADR   2006-09-26 2018-02-08
5. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD   2017-09-13 2018-02-09
10. PTC INC   2017-01-10 2018-02-13
6. QORVO INC   2016-09-07 2018-02-13
24. FIRST REPUBLIC BANK/FRAN   2016-08-17 2018-02-15
18. FIRST REPUBLIC BANK/FRAN   2017-03-21 2018-02-15
.413 IBERDROLA SA SPON ADR   2010-03-15 2018-02-15
14. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD   2017-09-13 2018-02-15
14. KROGER CO   2017-06-30 2018-02-15
2. CARTER'S INC   2017-09-25 2018-02-23
11. EDISON INTL   2016-09-07 2018-02-23
164. BLUE BUFFALO PET PRODUCTS IN MERGED 04/24/18 @ $40.00 P/S   2018-01-30 2018-02-27
26. SAP SE SPONSORED ADR   2005-11-18 2018-02-27
47. MIDDLEBY CORP   2013-11-06 2018-02-28
65. NASPERS LTD ADR   2015-06-29 2018-02-28
44. ALDER BIOPHARMACEUTICALS INC   2015-01-14 2018-03-02
7. AFFILIATED MANAGERS GROUP INC   2011-11-16 2018-03-05
9. SERVICE NOW INC   2016-09-02 2018-03-05
27. NOVARTIS AG SPONSORED ADR   2007-06-18 2018-03-07
13. DOLLAR GENERAL CORP   2016-09-07 2018-03-08
5.808 ROYAL DUTCH SHELL PLC ADR A   2016-06-27 2018-03-09
.192 ROYAL DUTCH SHELL PLC ADR A   2017-09-20 2018-03-09
200. TESCO PLC SPON ADR   2010-11-01 2018-03-09
45. PATHEON N.V. SEDOL BYYGK01   2016-09-30 2018-03-16
17. DOLLAR GENERAL CORP   2015-12-08 2018-03-22
91. CSRA INC-W/I   2016-09-07 2018-03-23
96. ALLIANZ SE SPON ADR   2015-07-29 2018-03-27
63. CAVIUM INC   2012-01-19 2018-03-28
49. UNITED OVERSEAS BK LTD SPONSORED ADR   2006-09-26 2018-03-29
15. WEST PHARMACEUTICAL SVCS INC   2015-03-30 2018-04-04
37. EXACT SCIENCES CORP   2016-08-23 2018-04-10
16. ARAMARK   2016-09-07 2018-04-13
206. DOLLAR TREE INC   2009-02-12 2018-04-16
1700. GENERAL ELEC CO COM   2010-03-22 2018-04-16
630. L BRANDS INC   2010-06-03 2018-04-16
62. MOODYS CORP   2011-10-03 2018-04-16
860. OGE ENERGY CORP   2011-10-03 2018-04-16
91. MALLINCKRODT PLC SEDOL BBJTYC4   2010-03-22 2018-04-16
46. FORTIVE CORP   2016-08-16 2018-04-18
20. LULULEMON ATHLETICA INC   2016-07-14 2018-04-18
38. TERADYNE INCORPORATED   2009-07-14 2018-04-23
16. CASEYS GENERAL STORES INC   2017-11-22 2018-04-26
32. CASEYS GENERAL STORES INC   2016-06-28 2018-04-26
47. FORTIVE CORP   2016-08-16 2018-04-27
1746. TURKIYE GARANTI BANKASI ADR   2010-11-23 2018-04-27
91. ACADIA HEALTH CARE CO INC   2013-09-23 2018-04-30
15. ALLIANCE DATA SYSTEMS CORP.   2010-09-22 2018-05-02
11. ALLIANCE DATA SYSTEMS CORP.   2017-11-30 2018-05-02
22. MARTIN MARIETTA MATLS INC   2012-10-04 2018-05-02
109. PACIFIC PREMIER BANCORP INC   2018-01-08 2018-05-02
51. UNUMPROVIDENT CORP COM   2016-09-07 2018-05-03
18. SAP SE SPONSORED ADR   2013-10-16 2018-05-07
15. ACUITY BRANDS INC   2013-07-09 2018-05-08
7. ULTIMATE SOFTWARE GROUP INC   2013-10-09 2018-05-10
41. TOKIO MARINE HOLDINGS ADR   2004-03-26 2018-05-11
.5 APERGY CORP   2016-09-07 2018-05-14
15. OLLIE'S BARGAIN OUTLET HOLDI   2016-08-03 2018-05-14
17. PPG INDS INC COM   2017-01-25 2018-05-14
3. PPG INDS INC COM   2017-07-21 2018-05-14
14. WABCO HOLDINGS INC   2010-07-14 2018-05-14
13. BORG WARNER INC.   2016-09-07 2018-05-16
280. APERGY CORP   2010-08-26 2018-05-18
16. AVEXIS INC MERGED 05/15/18 @ $218.00 P/S   2017-10-11 2018-05-18
42. DASSAULT SYSTEMS SA SPON ADR   2007-04-02 2018-05-18
24. SHIRE PLC SPONSORED ADR   2016-11-25 2018-05-18
34. SHIRE PLC SPONSORED ADR   2017-05-22 2018-05-18
6. E*TRADE FINANCIAL CORP   2016-09-07 2018-05-24
20. TCF FINANCIAL CORP   2016-09-07 2018-05-24
18. SAP SE SPONSORED ADR   2014-03-12 2018-05-25
57. TCF FINANCIAL CORP   2016-09-07 2018-05-25
12. TCF FINANCIAL CORP   2016-09-07 2018-05-29
42. TOKIO MARINE HOLDINGS ADR   2004-03-26 2018-05-29
103. ENTEGRIS, INC   2012-09-12 2018-05-30
23. LULULEMON ATHLETICA INC   2016-08-17 2018-05-30
4. IPG PHOTONICS CORP   2011-11-01 2018-05-31
14. PROOFPOINT INC   2013-12-09 2018-05-31
217. TESCO PLC SPON ADR   2011-01-25 2018-05-31
11. ALBEMARLE CORP   2017-06-21 2018-06-01
33. ALBEMARLE CORP   2017-04-19 2018-06-01
57. CANON INC SPONS ADR   2004-03-26 2018-06-05
.68 EVERGY INC   2016-09-07 2018-06-06
17. SAP SE SPONSORED ADR   2014-06-12 2018-06-06
28. KROGER CO   2017-06-30 2018-06-18
84. BLOOMIN BRANDS INC   2017-11-16 2018-06-19
206. BLOOMIN BRANDS INC   2015-12-22 2018-06-19
28. PROASSURANCE CORPORATION   2012-06-08 2018-06-21
26. PROASSURANCE CORPORATION   2017-11-30 2018-06-21
17. ILLUMINA INC COM   2017-02-23 2018-06-25
218. JETBLUE AIRWAYS   2010-10-20 2018-06-25
23. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92   2010-11-18 2018-06-25
21. RED HAT INC   2017-06-29 2018-06-25
70. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92   2010-11-18 2018-06-26
9. BEMIS COMPANY   2016-09-07 2018-06-27
12. SAREPTA THERAPEUTICS INC   2016-09-21 2018-06-28
34. ENVISION HEALTHCARE CORP MERGED 10/11/18 @ $46.00 P/S   2016-09-07 2018-07-02
5. ISHARES TR RUSSELL MIDCAP VALUE INDEX FD   2017-12-06 2018-07-02
12. BLUEBIRD BIO INC   2017-09-06 2018-07-06
7. LENDINGTREE INC   2017-12-29 2018-07-06
4. LENDINGTREE INC   2018-02-15 2018-07-06
19. SAP SE SPONSORED ADR   2014-06-12 2018-07-09
29. TELADOC HEALTH INC   2017-03-27 2018-07-09
11. TYLER TECHNOLOGIES INC   2015-07-02 2018-07-09
18. BROADRIDGE FINANCIAL SOL W/I   2016-12-30 2018-07-11
13. EDWARDS LIFESCIENCES CORP   2016-01-20 2018-07-11
37. FASTENAL CO   2007-06-29 2018-07-11
69. WGL HLDGS INC MERGED 07/09/18 @ $88.25 P/S   2008-10-22 2018-07-11
14. EXACT SCIENCES CORP   2016-08-23 2018-07-12
15. HUNT J B TRANSPORT SERVICES INC   2009-09-01 2018-07-12
16. PENUMBRA INC   2017-03-27 2018-07-12
43. NEKTAR THERAPEUTICS   2017-12-27 2018-07-13
17. E*TRADE FINANCIAL CORP   2016-09-07 2018-07-16
10. ENVISION HEALTHCARE CORP MERGED 10/11/18 @ $46.00 P/S   2016-09-07 2018-07-16
5. PTC INC   2017-01-10 2018-07-19
.08 CONCHO RESOURCES INC   2014-11-10 2018-07-20
62. CANON INC SPONS ADR   2004-03-26 2018-07-25
25. SYNOVUS FINANCIAL CORP   2014-12-08 2018-07-25
15. WATSCO INC   2011-03-04 2018-07-26
7. ICON PLC SEDOL B94G471   2017-02-24 2018-07-26
6. SVB FINANCIAL GROUP   2016-09-07 2018-07-30
74. SYNOVUS FINANCIAL CORP   2014-12-08 2018-07-30
16. SAP SE SPONSORED ADR   2014-10-08 2018-08-02
158. INFINERA CORP   2016-05-23 2018-08-06
8. SNAP-ON INC COM   2004-03-25 2018-08-06
35. LULULEMON ATHLETICA INC   2016-11-29 2018-08-07
57. OSHKOSH CORPORATION CLASS B   2016-11-09 2018-08-07
17. BURLINGTON STORES INC   2015-08-28 2018-08-08
19. COGNEX CORP   2011-08-23 2018-08-08
11. PTC INC   2012-12-28 2018-08-08
.971 IBERDROLA SA SPON ADR   2010-03-15 2018-08-09
67. DIEBOLD NIXDORF INC   2016-09-07 2018-08-13
125. AKEBIA THERAPEUTICS INC   2015-10-15 2018-08-14
17. SAP SE SPONSORED ADR   2015-03-12 2018-08-15
31.6 CONCHO RESOURCES INC   2014-11-10 2018-08-17
14.4 CONCHO RESOURCES INC   2017-10-30 2018-08-17
43. IMPERVA INC   2015-09-14 2018-08-17
42. AIA GROUP LTD SPONSORED ADR   2012-02-10 2018-08-20
2. BAIDU INC   2013-06-20 2018-08-20
11. CANADIAN NATL RAILWAY CO SEDOL 2210959   2011-02-01 2018-08-20
8. DBS GROUP HLDGS LTD SPONSORED ADR   2009-06-05 2018-08-20
22. FANUC CORP ADR   2009-04-30 2018-08-20
9. FRESENIUS MED CARE SPONSORED ADR   2011-05-20 2018-08-20
32. FUCHS PETROLUB SE-PREF ADR ADR SEDOL B70BT82   2014-02-28 2018-08-20
67. ITAU UNIBANCO BANCO HOLDING SPONSERED ADR   2012-07-30 2018-08-20
15. LVMH MOET HENNESSY LOUIS ADR   2009-08-03 2018-08-20
5. NESTLE S A SPONSORED ADR REPSTG REG SH   2005-11-18 2018-08-20
13. ROYAL DUTCH SHELL PLC ADR B   2016-02-25 2018-08-20
14. SONOVA HLDG AG ADR   2011-03-25 2018-08-20
23. SYMRISE AG UNSPON ADR   2014-06-04 2018-08-20
11. SYSMEX CORP UNSPONSORED ADR   2012-05-21 2018-08-20
17. TAIWAN SEMICONDUCTOR MTG CO ADR   2012-12-05 2018-08-20
9. UNILEVER PLC W/I SPONSORED ADR   2006-03-15 2018-08-20
102. VEECO INSTRUMENTS INC DEL   2010-02-01 2018-08-23
29. E*TRADE FINANCIAL CORP   2016-09-07 2018-08-24
68. COTIVITI HOLDINGS INC MERGED 08/27/18 @ $44.75 P/S   2016-06-02 2018-08-27
37. CATALENT INC   2017-09-06 2018-08-28
1. SALIX PHARMACEUTICALS XXX-XX-XXXX   2001-01-01 2018-08-28
33. ABB LTD SPONSORED ADR   2012-05-02 2018-09-05
1. CABLE ONE INC   2016-06-22 2018-09-05
21. ENI S P A SPONSORED ADR   2010-09-22 2018-09-05
240. LLOYDS TSB GROUP PLC SPONSORED ADR   2015-11-20 2018-09-05
26. ZURICH INS GROUP LTD ADR   2009-09-23 2018-09-05
15. MERCURY SYSTEMS INC   2017-07-10 2018-09-07
53. DYAX CORPORATION CONTINGENCY MERGED 09/06/18 @ $4.00 P/S   2016-01-22 2018-09-10
3. HANOVER INSURANCE GROUP INC   2016-09-07 2018-09-12
4. HANOVER INSURANCE GROUP INC   2016-09-07 2018-09-14
13. PUMA BIOTECHNOLOGY INC   2017-10-30 2018-09-14
7. HANOVER INSURANCE GROUP INC   2016-09-07 2018-09-17
5. HANOVER INSURANCE GROUP INC   2016-09-13 2018-09-18
65. SYSMEX CORP UNSPONSORED ADR   2012-05-21 2018-09-19
27. WABCO HOLDINGS INC   2010-06-22 2018-09-20
2. SVB FINANCIAL GROUP   2016-09-07 2018-09-21
66. TELIA COMPANY AB   2015-01-27 2018-10-01
36. DEUTSCHE TELEKOM AG SPONSORED ADR   2007-04-16 2018-10-03
124. ENEL SPA ADR   2016-10-11 2018-10-03
14. SANOFI SPONSORED ADR   2010-02-26 2018-10-03
13. SAREPTA THERAPEUTICS INC   2016-09-21 2018-10-03
14. TAIWAN SEMICONDUCTOR MTG CO ADR   2008-01-07 2018-10-03
19. ENCOMPASS HEALTH CORP   2015-04-29 2018-10-04
36. PTC INC   2012-12-28 2018-10-05
12. ULTIMATE SOFTWARE GROUP INC   2013-01-18 2018-10-05
21. TELADOC HEALTH INC   2017-03-27 2018-10-10
52. BEACON ROOFING SUPPLY INC   2017-10-26 2018-10-11
6. ENVISION HEALTHCARE CORP MERGED 10/11/18 @ $46.00 P/S   2017-03-02 2018-10-12
23. ENVISION HEALTHCARE CORP MERGED 10/11/18 @ $46.00 P/S   2017-11-02 2018-10-12
62. CANON INC SPONS ADR   2005-09-01 2018-10-16
.5 MADDEN STEVEN LTD   2010-03-26 2018-10-17
30. CANON INC SPONS ADR   2012-10-12 2018-10-18
30. BANK OZK   2018-07-16 2018-10-22
67. BEACON ROOFING SUPPLY INC   2017-10-26 2018-10-24
41. BEACON ROOFING SUPPLY INC   2018-05-10 2018-10-24
47. CANTEL MEDICAL CORP   2010-06-11 2018-10-25
11. DOMINO'S PIZZA, INC.   2016-02-03 2018-10-25
155. LKQ CORP   2013-03-27 2018-10-25
21. LKQ CORP   2017-11-14 2018-10-25
17. OLLIE'S BARGAIN OUTLET HOLDI   2016-08-17 2018-10-25
21. PINNACLE FOODS INC MERGED 10/26/18 @ $43.11 P/S   2018-04-23 2018-10-26
13. TELADOC HEALTH INC   2017-03-27 2018-10-26
3. SVB FINANCIAL GROUP   2016-09-07 2018-10-29
.637 CONAGRA FOODS INC   2018-10-26 2018-11-01
20. KROGER CO   2017-06-30 2018-11-01
22. FISERV INC   2015-01-14 2018-11-02
12. RED HAT INC   2017-06-29 2018-11-02
14. RED HAT INC   2018-02-06 2018-11-02
33. SANOFI SPONSORED ADR   2010-02-26 2018-11-05
47. HUNT J B TRANSPORT SERVICES INC   2010-04-07 2018-11-06
80. IBERDROLA SA SPON ADR   2010-03-15 2018-11-09
39. DASSAULT SYSTEMS SA SPON ADR   2007-04-02 2018-11-12
41. SANOFI SPONSORED ADR   2010-04-16 2018-11-12
63. WPP PLC ADR   2008-12-18 2018-11-12
103. DAITO TRUST CONS-SPN ADR ADR SEDOL BHBXYK4   2018-01-10 2018-11-13
94. KONINKLIJKE AHOLD DELHAIZE ADR SEDOL BD9FL92   2011-01-07 2018-11-13
77. STEELCASE INC CL A   2018-09-04 2018-11-13
.8 EQUITRANS MIDSTREAM CORP-W/I   2016-09-07 2018-11-16
26. PPL CORPORATION COM   2016-09-07 2018-11-16
12. AERCAP HOLDINGS NV ISIN NL0000687663 SEDOL B1HHKD3   2016-09-07 2018-11-16
27. PPL CORPORATION COM   2016-09-07 2018-11-19
6. SYNOPSYS INC   2016-09-07 2018-11-19
.008 BANCO SANTANDER S A ADR   2004-03-26 2018-11-20
6. SYNOPSYS INC   2016-09-07 2018-11-28
44. BLACK KNIGHT INC-WHEN ISSUED   2018-07-20 2018-11-29
14. OLLIE'S BARGAIN OUTLET HOLDI   2016-09-02 2018-11-29
243. TELEFONICA S.A. SPONSORED ADR   2004-03-26 2018-12-03
54. BP PLC SPONSORED ADR   2004-03-26 2018-12-11
109. NUTRI/SYSTEM INC MERGED 3/11/19 @ $38.75 P/S   2014-11-04 2018-12-11
321. AIR LIQUIDE ADR   2005-11-18 2018-12-13
139. BBA AVIATION PLC-UNSPON ADR ADR SEDOL B2RB0W1   2016-06-29 2018-12-13
107. CSL LTD-SPONSORED ADR ADR SEDOL BN5TD14   2010-08-24 2018-12-13
16. BLACKSTONE MORTGAGE TRUST   2016-09-07 2018-12-14
134. RWE AG SPONSORED ADR REPSTG ORD PAR   2015-04-28 2018-12-14
66. BLACK KNIGHT INC-WHEN ISSUED   2018-07-20 2018-12-17
67. BLACKSTONE MORTGAGE TRUST   2016-09-07 2018-12-20
9. INOGEN INC   2018-08-02 2018-12-20
88. NOBLE ENERGY INC COM   2017-01-20 2018-12-20
28. BEMIS COMPANY   2016-09-07 2018-12-21
13. CONAGRA FOODS INC   2018-10-26 2018-12-21
32. NEWFIELD EXPLORATION CO   2016-09-07 2018-12-21
7. BEMIS COMPANY   2017-04-28 2018-12-24
41. NEWFIELD EXPLORATION CO   2016-09-07 2018-12-24
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 4,618   1,096 3,522
b 856   577 279
c 1,276   1,539 -263
d 6,023   829 5,194
e 408   394 14
23   22 1
4,974   3,151 1,823
507   608 -101
423   219 204
449   422 27
8,006   942 7,064
9   14 -5
2,092   2,060 32
4,141   6,642 -2,501
1,137   2,606 -1,469
11   12 -1
2,973   1,325 1,648
465   223 242
54,985   23,047 31,938
2,877   2,056 821
1,342   1,120 222
69,696   26,919 42,777
1,609   1,032 577
24,639   17,811 6,828
76,155   33,468 42,687
46,663   26,631 20,032
30,490   49,640 -19,150
2,297   1,188 1,109
5,516   4,293 1,223
2,758   2,134 624
2,663   1,551 1,112
3,667   3,368 299
1,042   1,323 -281
167   108 59
294   204 90
470   348 122
6   4 2
831   638 193
675   451 224
3,648   2,579 1,069
809   602 207
917   158 759
821   115 706
886   560 326
693   145 548
460   374 86
724   322 402
2,006   1,036 970
424   421 3
673   490 183
473   335 138
2,284   1,762 522
1,713   1,645 68
13   14 -1
1,230   1,197 33
400   327 73
244   191 53
682   812 -130
6,554   5,414 1,140
2,710   1,325 1,385
5,649   3,631 2,018
3,601   1,967 1,634
608   1,289 -681
1,312   645 667
1,492   691 801
2,201   1,503 698
1,165   929 236
367   290 77
12   11 1
1,754   4,039 -2,285
1,592   1,337 255
1,582   1,214 368
3,777   2,425 1,352
2,166   1,593 573
5,011   2,366 2,645
2,038   1,024 1,014
1,249   878 371
1,520   773 747
605   609 -4
20,127   2,352 17,775
22,652   29,926 -7,274
23,039   16,780 6,259
10,206   1,834 8,372
27,627   20,786 6,841
1,264   3,299 -2,035
3,549   2,478 1,071
1,908   1,540 368
1,536   261 1,275
1,555   1,909 -354
3,110   3,906 -796
3,321   2,458 863
3,994   8,982 -4,988
3,239   4,548 -1,309
2,995   2,886 109
2,196   2,734 -538
4,363   1,508 2,855
4,182   4,301 -119
2,012   1,785 227
2,058   1,353 705
1,669   1,687 -18
1,820   970 850
1,978   1,305 673
19   15 4
995   399 596
1,717   1,739 -22
303   321 -18
1,811   529 1,282
662   473 189
12,700   4,585 8,115
3,488   1,654 1,834
5,442   1,139 4,303
4,063   4,208 -145
5,756   6,136 -380
391   156 235
518   291 227
2,053   1,372 681
1,477   829 648
312   174 138
2,020   1,337 683
3,619   926 2,693
2,436   1,464 972
967   193 774
1,638   386 1,252
2,138   4,237 -2,099
1,036   1,173 -137
3,108   3,507 -399
1,945   1,915 30
36   32 4
1,981   1,277 704
718   654 64
1,872   1,500 372
4,590   3,503 1,087
1,010   1,255 -245
938   1,621 -683
4,727   2,845 1,882
4,125   1,500 2,625
545   346 199
2,910   2,021 889
1,648   1,046 602
375   470 -95
1,594   674 920
1,494   2,283 -789
440   440  
1,990   1,538 452
1,548   2,413 -865
885   1,495 -610
2,265   1,304 961
1,870   735 1,135
2,522   1,433 1,089
2,113   1,196 917
1,875   947 928
2,045   1,223 822
6,089   2,094 3,995
895   293 602
1,822   470 1,352
2,238   1,292 946
2,059   2,558 -499
1,026   443 583
448   653 -205
475   245 230
12   6 6
1,981   2,084 -103
1,239   668 571
2,492   1,008 1,484
1,011   587 424
1,918   644 1,274
3,690   2,233 1,457
1,847   1,089 758
1,360   1,979 -619
1,348   252 1,096
4,387   1,977 2,410
4,273   3,802 471
2,671   910 1,761
1,013   146 867
1,028   247 781
29   33 -4
289   1,860 -1,571
1,008   1,308 -300
1,918   1,154 764
4,290   2,618 1,672
1,955   1,509 446
1,936   2,571 -635
1,431   571 860
451   187 264
981   379 602
586   283 303
434   158 276
439   323 116
447   397 50
721   740 -19
1,027   278 749
412   152 260
855   578 277
502   276 226
511   308 203
446   105 341
681   289 392
510   209 301
1,074   3,336 -2,262
1,703   772 931
3,043   1,327 1,716
1,608   1,549 59
356   25 331
771   599 172
835   509 326
782   890 -108
753   1,066 -313
791   619 172
813   653 160
212     212
354   231 123
477   309 168
612   1,660 -1,048
801   540 261
575   378 197
2,861   661 2,200
3,229   939 2,290
654   215 439
591   859 -268
572   623 -51
635   517 118
624   510 114
1,906   716 1,190
614   121 493
1,456   902 554
3,562   811 2,751
3,600   1,187 2,413
1,345   532 813
1,766   2,852 -1,086
276   391 -115
1,058   633 425
1,952   2,044 -92
15   5 10
942   941 1
781   1,274 -493
1,866   3,625 -1,759
1,142   1,797 -655
3,784   687 3,097
2,840   1,419 1,421
4,116   4,331 -215
558   782 -224
1,528   459 1,069
1,391   1,276 115
826   329 497
690   322 368
23   23  
591   448 143
1,653   788 865
2,072   1,155 917
2,418   1,781 637
1,474   1,211 263
5,106   3,585 1,521
2,378   2,295 83
4,779   1,057 3,722
1,830   1,453 377
3,456   1,937 1,519
3,411   4,980 -1,569
2,407   1,375 1,032
1,269   1,133 136
17   32 -15
799   901 -102
610   487 123
834   936 -102
539   359 180
       
523   359 164
1,987   2,469 -482
1,261   386 875
2,194   3,965 -1,771
2,115   2,743 -628
4,803   1,977 2,826
7,777   3,373 4,404
1,883   2,075 -192
7,007   1,494 5,513
553   480 73
2,939   3,277 -338
2,938   3,630 -692
2,181   2,012 169
1,029   1,882 -853
1,735   3,103 -1,368
1,257   1,450 -193
309   463 -154
439   1,440 -1,001
303   315 -12
545   1,643 -1,098
      1,789
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       3,522
b       279
c       -263
d       5,194
e       14
      1
      1,823
      -101
      204
      27
      7,064
      -5
      32
      -2,501
      -1,469
      -1
      1,648
      242
      31,938
      821
      222
      42,777
      577
      6,828
      42,687
      20,032
      -19,150
      1,109
      1,223
      624
      1,112
      299
      -281
      59
      90
      122
      2
      193
      224
      1,069
      207
      759
      706
      326
      548
      86
      402
      970
      3
      183
      138
      522
      68
      -1
      33
      73
      53
      -130
      1,140
      1,385
      2,018
      1,634
      -681
      667
      801
      698
      236
      77
      1
      -2,285
      255
      368
      1,352
      573
      2,645
      1,014
      371
      747
      -4
      17,775
      -7,274
      6,259
      8,372
      6,841
      -2,035
      1,071
      368
      1,275
      -354
      -796
      863
      -4,988
      -1,309
      109
      -538
      2,855
      -119
      227
      705
      -18
      850
      673
      4
      596
      -22
      -18
      1,282
      189
      8,115
      1,834
      4,303
      -145
      -380
      235
      227
      681
      648
      138
      683
      2,693
      972
      774
      1,252
      -2,099
      -137
      -399
      30
      4
      704
      64
      372
      1,087
      -245
      -683
      1,882
      2,625
      199
      889
      602
      -95
      920
      -789
       
      452
      -865
      -610
      961
      1,135
      1,089
      917
      928
      822
      3,995
      602
      1,352
      946
      -499
      583
      -205
      230
      6
      -103
      571
      1,484
      424
      1,274
      1,457
      758
      -619
      1,096
      2,410
      471
      1,761
      867
      781
      -4
      -1,571
      -300
      764
      1,672
      446
      -635
      860
      264
      602
      303
      276
      116
      50
      -19
      749
      260
      277
      226
      203
      341
      392
      301
      -2,262
      931
      1,716
      59
      331
      172
      326
      -108
      -313
      172
      160
      212
      123
      168
      -1,048
      261
      197
      2,200
      2,290
      439
      -268
      -51
      118
      114
      1,190
      493
      554
      2,751
      2,413
      813
      -1,086
      -115
      425
      -92
      10
      1
      -493
      -1,759
      -655
      3,097
      1,421
      -215
      -224
      1,069
      115
      497
      368
       
      143
      865
      917
      637
      263
      1,521
      83
      3,722
      377
      1,519
      -1,569
      1,032
      136
      -15
      -102
      123
      -102
      180
       
      164
      -482
      875
      -1,771
      -628
      2,826
      4,404
      -192
      5,513
      73
      -338
      -692
      169
      -853
      -1,368
      -193
      -154
      -1,001
      -12
      -1,098
       
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 2 289,371
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))
2017 253,577 5,955,204 0.042581
2016 167,835 5,392,246 0.031125
2015 185,597 5,547,992 0.033453
2014 202,351 5,537,207 0.036544
2013 324,486 5,092,121 0.063723
2
Total of line 1, column (d) .....................
2
0.207426
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
0.041485
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,289,592
5
Multiply line 4 by line 3......................
5
260,924
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,955
7
Add lines 5 and 6........................
7
264,879
8
Enter qualifying distributions from Part XII, line 4,.............
8
221,677
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 (2018)
Form 990-PF (2018)
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 7,909
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 7,909
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 7,909
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,815
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 4,815
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 3,094
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 2019 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)
    bulletDE
    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 2018 or the taxable year beginning in 2018? 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 (2018)
    Form 990-PF (2018)
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 768-5898

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    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 2018, 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
     
     
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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
     
     
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    JOHN R TWOMBLY JR CO-TRUSTEE
    3     		14,962    
    224 E STREET ROAD
    KENNETT SQUARE,PA19348
    PNC BANK NA CO-TRUSTEE
    14     		68,317    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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 (2018)
    Form 990-PF (2018)
    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 SCHOLARSHIPS FOR 29 STUDENTS AT VARIOUS INSTITUTIONS 164,355
    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 (2018)
    Form 990-PF (2018)
    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
    6,385,373
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,385,373
    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
    6,385,373
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    95,781
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,289,592
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    314,480
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    314,480
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,909
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,909
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    306,571
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    306,571
    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
    306,571
    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
    221,677
    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
    221,677
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    221,677
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 306,571
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 108,823
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 108,823
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 221,677
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 221,677
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 84,894 84,894
    (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 23,929
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		23,929
    10 Analysis of line 9:
    a Excess from 2014.... 23,929
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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
    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 (2018)
    Form 990-PF (2018)
    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
    PRINCETON UNIVERSITY
    ADMISSIONS OFFICE
    PRINCETON,NJ08544     		NONE PC SCHOLARSHIPS FOR TWO 10,000
    BOSTON UNIVERSITY
    881 COMMONWEALTH AVENUE
    BOSTON,MA02215     		NONE PC SCHOLARSHIP 5,000
    UCLA
    STUDENT SERVICES
    LOS ANGELES,CA90095     		NONE PC SCHOLARSHIP 10,000
    UNIVERSITY OF PITTSBURGH
    4200 FIFTH AVENUE
    PITTSBURGH,PA15260     		NONE PC SCHOLARSHIPS FOR TWO 10,000
    EASTERN UNIVERSITY
    1300 EAGLE ROAD
    ST DAVIDS,PA19087     		NONE PC SCHOLARSHIP 5,000
    SWARTHMORE COLLEGE
    500 COLLEGE AVENUE
    SWARTHMORE,PA19081     		NONE PC SCHOLARSHIP 5,000
    BERKLEE COLLEGE OF MUSIC
    1140 BOYLSTON STREET
    BOSTON,MA02215     		NONE PC SCHOLARSHIP 5,000
    UNIVERSITY OF DELAWARE
    30 LOVETT AVENUE
    NEWARK,DE19716     		NONE PC SCHOLARSHIPS FOR 15 75,000
    PENSACOLA CHRISTIAN COLLEGE
    250 BRENT LANE
    PENSACOLA,FL32503     		NONE PC SCHOLARSHIPS FOR TWO 10,000
    NORTH PARK UNIVERSITY
    3225 WEST FOSTER AVENUE
    CHICAGO,IL60625     		NONE PC SCHOLARSHIP 4,000
    COLLEGE OF WILLIAM AND MARY
    SADLER CENTER
    WILLIAMSBURG,VA23185     		NONE PC SCHOLARSHIP 5,000
    UNIVERSITY OF VIRGINIA
    PO BOX 400160
    CHARLOTTESVILLE,VA22904     		NONE PC SCHOLARSHIP 8,000
    UNIVERSITY OF DENVER
    2197 S UNIVERSITY BLVD
    DENVER,CO80208     		NONE PC SCHOLARSHIP 12,355
    Total .................................bullet 3a 164,355
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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....     14 152,574  
    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 ............     		    18 289,371  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSAP SE SPONSORED A     		    14 118  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   442,063  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    442,063
    (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 (2018)
    Form 990-PF (2018)
    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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsOtherSchedule2
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 1,100,020 1,060,908
    MUTUAL FUNDS - EQUITY AT COST 2,917,487 4,576,913

    TY 2018 LegalFeesSchedule
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 3,102     3,102


    TY 2018 OtherDecreasesSchedule
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 20


    TY 2018 OtherExpensesSchedule
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 5,100 0   5,100
    MAP MANAGEMENT FEES 7,593 7,593   0
    ADR SERVICE FEES 1,395 1,395   0


    TY 2018 OtherIncomeSchedule2
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SAP SE SPONSORED ADR 118 118  


    TY 2018 OtherIncreasesSchedule
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Description Amount
    SCHOLARSHIP OF AMERICA CREDIT 2,500


    TY 2018 TaxesSchedule
    Name:
    WILBUR E POSTLES SCHOLARSHIP FUND
    EIN:
    51-6010602
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,448 3,448   0
    FEDERAL TAX PAYMENT - PRIOR YE 530 0   0
    FEDERAL ESTIMATES - INCOME 4,566 0   0