TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
ROBERT E BRENNAN TRUST UNDER WILL

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

61-6063803

B Telephone number (see instructions)

(412) 768-5892

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

$13,582,492J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	249,553		249,553
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		758,443
b	Gross sales price for all assets on line 6a 4,385,874
7	Capital gain net income (from Part IV, line 2)...			758,443
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,007,996		1,007,996
13	Compensation of officers, directors, trustees, etc.	104,571		99,342		5,229
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		11,081	806		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).......		4,838	4,838
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	120,490		104,986	0	5,229
25	Contributions, gifts, grants paid.......	698,488				698,488
26	Total expenses and disbursements. Add lines 24 and 25	818,978		104,986	0	703,717
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	189,018
b	Net investment income (if negative, enter -0-)			903,010
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	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.........	584,647	395,199	395,199
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	713,658	775,043	1,385,682
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	11,475,840	11,792,922	11,801,611
	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)	12,774,145	12,963,164	13,582,492
	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 SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	12,630,302	12,859,221
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	143,843	103,943
	30	Total net assets or fund balances (see instructions).....	12,774,145	12,963,164
	31	Total liabilities and net assets/fund balances (see instructions).	12,774,145	12,963,164

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 30 (must agree with end-of-year figure reported on prior year’s return) ...............

12,774,145

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

189,018

Other increases not included in line 2 (itemize) bullet

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

12,963,164

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 30 .

12,963,164

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	29. ADIDAS AG SPONSORED ADR			2018-01-03
b	46. CROWN CASTLE INTL CORP			2018-01-05
c	23. FACEBOOK INC			2018-01-12
d	22. FACEBOOK INC		2012-11-16	2018-01-12
e	42. CROWN CASTLE INTL CORP			2018-01-16
	3. AMAZON.COM INC		2008-12-01	2018-01-17
	12. GOLDMAN SACHS GROUP INC COM			2018-01-18
	4. GOLDMAN SACHS GROUP INC COM		2016-10-24	2018-01-18
	5. GOLDMAN SACHS GROUP INC COM		2017-09-28	2018-01-18
	22. ADOBE SYSTEMS INC		2015-01-29	2018-01-23
	27. APPLE INC		2017-02-16	2018-01-24
	14. APPLE INC		2017-02-16	2018-01-24
	5. APPLE INC		2016-10-12	2018-01-24
	35. APPLE INC			2018-01-26
	1511.716 T ROWE PRICE VALUE FUND-I		2015-03-13	2018-01-26
	11. NETFLIX.COM INC		2017-01-06	2018-01-30
	1. NETFLIX.COM INC		2017-04-20	2018-01-30
	32. ABBVIE INC			2018-01-31
	30. MASTERCARD INC CL A		2009-02-12	2018-02-01
	40. APPLE INC			2018-02-05
	1. COSTCO WHSL CORP NEW COM		2017-12-12	2018-02-05
	81. INDUSTRIA DE DISENO TEXTIL IND ADR		2017-12-14	2018-02-13
	30. ABBVIE INC		2017-10-24	2018-02-14
	81. SCHLUMBERGER LTD COM			2018-02-14
	71. SCHLUMBERGER LTD COM			2018-02-14
	33. MCDONALDS CORP COM			2018-02-16
	121. WAL MART STORES INC COM			2018-02-21
	2785. VANGUARD REAL ESTATE ETF		2017-08-11	2018-03-01
	47. ABBVIE INC			2018-03-22
	3. ALPHABET INC/CA-CL C		2004-11-10	2018-03-22
	3. ALPHABET INC/CA-CL A			2018-03-22
	12. CELGENE CORP		2016-02-12	2018-03-22
	32. CELGENE CORP		2017-12-13	2018-03-22
	36. CELGENE CORP			2018-03-22
	1. CLIFFS NATURAL RESOURCES, INC (18683K101)		2001-01-01	2018-03-22
	44. APPLE INC			2018-04-02
	11. LAUDER ESTEE COS INC CL A		2017-10-13	2018-04-02
	25. APPLE INC		2004-12-09	2018-04-03
	53. MONSTER BEVERAGE CORPORATION			2018-04-04
	29. MONSTER BEVERAGE CORPORATION		2017-12-08	2018-04-04
	9398.496 BAIRD AGGREGATE BOND FUND FD 72		2016-08-09	2018-04-09
	5912.786 DODGE & COX INCOME FUND		2014-09-26	2018-04-09
	13. ALBEMARLE CORP		2017-01-04	2018-04-10
	31. ALBEMARLE CORP			2018-04-10
	17. AMERICAN TOWER CORP		2018-04-10	2018-04-12
	26. BRISTOL MYERS SQUIBB CO		2017-03-16	2018-04-18
	106. BRISTOL MYERS SQUIBB CO			2018-04-18
	25. APPLE INC		2004-12-09	2018-04-20
	81. BRISTOL MYERS SQUIBB CO			2018-04-23
	8. BRISTOL MYERS SQUIBB CO		2017-07-26	2018-04-23
	16. CHARTER COMMUNICATIONS INC-A			2018-04-27
	15. CHARTER COMMUNICATIONS INC-A			2018-04-27
	42. ABBVIE INC			2018-05-15
	23. FEDEX CORPORATION		2018-01-05	2018-05-15
	4. GOLDMAN SACHS GROUP INC COM		2018-03-08	2018-05-15
	69. ABBVIE INC			2018-05-18
	15. CHARTER COMMUNICATIONS INC-A			2018-05-18
	59. CELGENE CORP			2018-05-21
	15. CHARTER COMMUNICATIONS INC-A			2018-05-21
	1408.756 DODGE & COX INTERNATIONAL STOCK FUND		2018-03-01	2018-05-23
	13360.339 DODGE & COX INTERNATIONAL STOCK FUND			2018-05-23
	19. HOME DEPOT INC COM		2017-12-11	2018-05-30
	7. HOME DEPOT INC COM		2017-05-16	2018-05-30
	42. PAYPAL HOLDINGS INC-W/I		2017-12-11	2018-05-30
	28. NETFLIX.COM INC			2018-06-15
	18. FEDEX CORPORATION			2018-06-22
	2. AMAZON.COM INC		2018-02-15	2018-06-27
	11. NETFLIX.COM INC		2013-06-04	2018-06-27
	1. FEDEX CORPORATION		2016-09-28	2018-06-28
	20. FEDEX CORPORATION			2018-06-28
	68. J P MORGAN CHASE & CO COM			2018-06-28
	41. WORKDAY INC CL A			2018-06-28
	27. VISA INC CLASS A SHARES		2012-01-11	2018-07-11
	14. BROADCOM INC		2017-11-17	2018-07-17
	6. BROADCOM INC			2018-07-17
	1. LUMBER LIQUIDATORS 55003T107		2000-01-01	2018-07-18
	30. PARKER HANNIFIN CORP			2018-07-18
	1. OMNIVISION TECHNOLOGIES INC. XXX-XX-XXXX		2001-01-01	2018-07-20
	29. CONSTELLATION BRANDS INC CL A			2018-07-27
	23. CONSTELLATION BRANDS INC CL A		2018-04-04	2018-07-31
	33. MCDONALDS CORP COM			2018-08-01
	1. MCDONALDS CORP COM		2017-10-11	2018-08-01
	35. LAUDER ESTEE COS INC CL A			2018-08-03
	1. AMERICAN INTERNATIONAL GROUP INC		2001-01-01	2018-08-10
	21. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2018-08-14
	1. BANK OF NEW YORK MELLON CORPORATION SECURITIES		2001-01-01	2018-08-14
	10. BOOKING HOLDINGS INC			2018-08-17
	25. BROADCOM INC			2018-08-22
	21. FEDEX CORPORATION			2018-08-22
	75. KERING S A ADR			2018-08-23
	13. FEDEX CORPORATION			2018-08-27
	20. FEDEX CORPORATION			2018-08-30
	14. FEDEX CORPORATION			2018-08-31
	17. ADOBE SYSTEMS INC			2018-09-05
	545.92 T ROWE PR GROWTH STOCK-I		2017-03-03	2018-09-10
	868.307 T ROWE PR GROWTH STOCK-I		2018-01-26	2018-09-10
	43365.487 T ROWE PRICE VALUE FUND-I			2018-09-10
	67. MONSTER BEVERAGE CORPORATION			2018-09-12
	52. MONSTER BEVERAGE CORPORATION			2018-09-14
	46. MONSTER BEVERAGE CORPORATION			2018-09-20
	71. MONSTER BEVERAGE CORPORATION		2016-02-09	2018-09-27
	47. PAYPAL HOLDINGS INC-W/I			2018-09-27
	90. KERING S A ADR			2018-10-01
	29. MONSTER BEVERAGE CORPORATION		2016-02-09	2018-10-01
	21. MARRIOTT INTERNATIONAL INC CL A		2016-01-20	2018-10-08
	25. PAYPAL HOLDINGS INC-W/I			2018-10-08
	24. PAYPAL HOLDINGS INC-W/I		2017-10-25	2018-10-08
	35. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1			2018-10-11
	99. PAYPAL HOLDINGS INC-W/I			2018-10-11
	6. PARKER HANNIFIN CORP			2018-10-16
	21. FACEBOOK INC		2018-07-11	2018-10-18
	49. TEXAS INSTRS INC COM			2018-10-18
	13. TEXAS INSTRS INC COM		2017-12-14	2018-10-18
	5. BRISTOL MYERS SQUIBB CO		2018-07-12	2018-10-19
	44. BRISTOL MYERS SQUIBB CO		2018-07-12	2018-10-22
	78. BRISTOL MYERS SQUIBB CO			2018-10-23
	27. PARKER HANNIFIN CORP			2018-10-24
	16. BRISTOL MYERS SQUIBB CO		2018-06-15	2018-10-25
	38. BRISTOL MYERS SQUIBB CO			2018-10-25
	77. CATERPILLAR INC			2018-10-25
	81. CELGENE CORP			2018-10-25
	27. TEXAS INSTRS INC COM			2018-10-25
	53. BRISTOL MYERS SQUIBB CO			2018-10-26
	25. PARKER HANNIFIN CORP			2018-10-26
	51. RED HAT INC			2018-10-29
	26. PARKER HANNIFIN CORP			2018-10-30
	45. ACTIVISION BLIZZARD INC		2018-07-13	2018-11-20
	1. ADOBE SYSTEMS INC		2018-10-25	2018-11-20
	6. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2018-11-20
	2. ALPHABET INC/CA-CL C		2018-08-14	2018-11-20
	2. ALPHABET INC/CA-CL A		2018-08-14	2018-11-20
	1. AMAZON.COM INC		2018-02-15	2018-11-20
	34609.822 AMERICAN CENTURY SMALL CAP VALUE FD#486			2018-11-20
	7. APPLE INC		2018-08-01	2018-11-20
	4. BOEING CO		2018-07-25	2018-11-20
	2. BRISTOL MYERS SQUIBB CO		2011-10-03	2018-11-20
	1. BROADCOM INC		2017-03-09	2018-11-20
	32. CATERPILLAR INC			2018-11-20
	2. CELGENE CORP		2018-07-27	2018-11-20
	2. CHIPOTLE MEXICAN GRIL CL A		2018-06-08	2018-11-20
	10. CONCHO RESOURCES INC			2018-11-20
	3. COSTCO WHSL CORP NEW COM		2017-12-12	2018-11-20
	19. HOME DEPOT INC COM			2018-11-20
	1. ILLUMINA INC COM		2018-08-24	2018-11-20
	1. INTUITIVE SURGICAL INC		2018-08-17	2018-11-20
	2. J P MORGAN CHASE & CO COM		2018-01-18	2018-11-20
	16. J P MORGAN CHASE & CO COM		2017-07-05	2018-11-20
	23. LAUDER ESTEE COS INC CL A			2018-11-20
	1. MARRIOTT INTERNATIONAL INC CL A		2016-01-20	2018-11-20
	1. MASTERCARD INC CL A		2009-02-12	2018-11-20
	23. MASTERCARD INC CL A		2018-07-13	2018-11-20
	11. MCDONALDS CORP COM			2018-11-20
	2. MICROSOFT CORP		2018-08-14	2018-11-20
	6. NIKE INC CL B		2018-08-21	2018-11-20
	7. NVIDIA CORP		2018-06-01	2018-11-20
	3. PAYPAL HOLDINGS INC-W/I		2018-10-30	2018-11-20
	1580.778 T ROWE PR GROWTH STOCK-I			2018-11-20
	2. S&P GLOBAL INC		2018-09-19	2018-11-20
	8. SAFRAN SA UNSPON ADR		2018-09-07	2018-11-20
	18. TENCENT HOLDINGS LTD UNSPON ADR		2018-02-20	2018-11-20
	1. TESLA INC		2018-11-20	2018-11-20
	2. TEXAS INSTRS INC COM		2017-01-30	2018-11-20
	14. UNITEDHEALTH GROUP INC COM		2018-06-01	2018-11-20
	29. VISA INC CLASS A SHARES			2018-11-20
	43. TIFFANY & CO NEW COM			2018-11-21
	1. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2018-11-27
	35. CATERPILLAR INC		2017-10-25	2018-11-27
	14. NVIDIA CORP		2018-06-01	2018-11-27
	31. NVIDIA CORP			2018-11-29
	719.166 PRINCIPAL MID CAP FUND CLASS INS		2018-03-01	2018-11-29
	1904.762 PGIM HIGH YIELD FUND CLASS R6			2018-11-29
	150.263 T ROWE PR GROWTH STOCK-I		2017-01-27	2018-12-04
	517.482 PRINCIPAL MID CAP FUND CLASS INS		2017-01-27	2018-12-04
	216.463 PRINCIPAL MID CAP FUND CLASS INS		2018-03-01	2018-12-04
	3795.066 PGIM HIGH YIELD FUND CLASS R6		2018-09-10	2018-12-04
	1172.333 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I		2018-01-26	2018-12-04
	2390.057 BAIRD AGGREGATE BOND FUND FD 72		2016-08-09	2018-12-06
	780.437 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO		2018-04-09	2018-12-06
	862.069 HARBOR FD LARGE CAP VALUE FD INSTL CL		2017-08-11	2018-12-06
	370.737 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2018-03-01	2018-12-06
	262.212 T ROWE PR GROWTH STOCK-I		2017-01-27	2018-12-06
	458.884 PRINCIPAL MID CAP FUND CLASS INS		2017-01-27	2018-12-06
	1431.298 PGIM HIGH YIELD FUND CLASS R6		2018-09-10	2018-12-06
	35. TEXAS INSTRS INC COM			2018-12-10
	32. TEXAS INSTRS INC COM			2018-12-11
	31. TEXAS INSTRS INC COM		2017-01-20	2018-12-11
	11. CONCHO RESOURCES INC			2018-12-12
	6. MCDONALDS CORP COM		2017-05-30	2018-12-12
	8. APPLE INC		2004-12-09	2018-12-14
	34. APPLE INC		2018-08-01	2018-12-14
	35. CONCHO RESOURCES INC			2018-12-14
	9. ADOBE SYSTEMS INC			2018-12-17
	10. ADOBE SYSTEMS INC		2018-10-25	2018-12-17
	1. WYETH XXX-XX-XXXX		2001-01-01	2018-12-17
	62. CONCHO RESOURCES INC			2018-12-19
	19. ALEXION PHARMACEUTICALS INC		2018-09-27	2018-12-21
	16. ALEXION PHARMACEUTICALS INC		2017-09-01	2018-12-21
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,914	2,098	816
b	4,962	4,366	596
c	4,140	548	3,592
d	3,959	516	3,443
e	4,458	3,952	506
	3,889	128	3,761
	3,010	3,032	-22
	1,007	701	306
	1,259	1,172	87
	4,400	1,552	2,848
	4,741	3,651	1,090
	2,435	1,893	542
	870	588	282
	5,977	4,117	1,860
	60,000	52,307	7,693
	3,071	1,465	1,606
	279	141	138
	3,583	3,049	534
	5,219	468	4,751
	6,516	4,568	1,948
	191	188	3
	1,308	1,471	-163
	3,355	2,767	588
	5,272	6,367	-1,095
	4,680	5,364	-684
	5,228	5,431	-203
	11,112	12,762	-1,650
	205,476	228,732	-23,256
	4,677	4,252	425
	3,174	254	2,920
	3,184	675	2,509
	1,060	1,208	-148
	2,826	3,463	-637
	3,170	1,961	1,209
	11	11
	7,364	1,307	6,057
	1,638	1,226	412
	4,170	113	4,057
	2,966	2,534	432
	1,623	1,821	-198
	100,000	104,605	-4,605
	80,000	81,596	-1,596
	1,205	1,178	27
	2,874	3,400	-526
	2,357	2,350	7
	1,358	1,489	-131
	5,538	5,924	-386
	4,192	113	4,079
	4,117	4,033	84
	407	445	-38
	4,277	4,725	-448
	3,924	4,252	-328
	4,361	3,750	611
	5,686	6,102	-416
	969	1,065	-96
	7,333	5,947	1,386
	4,034	4,050	-16
	4,412	2,943	1,469
	4,020	3,978	42
	64,155	65,000	-845
	608,430	565,000	43,430
	3,524	3,459	65
	1,298	1,117	181
	3,406	3,071	335
	11,080	3,325	7,755
	4,362	4,351	11
	3,341	2,917	424
	4,336	354	3,982
	226	175	51
	4,519	4,443	76
	7,117	7,708	-591
	4,841	3,458	1,383
	3,737	665	3,072
	2,890	3,794	-904
	1,239	1,402	-163
	11	11
	4,798	4,667	131
	11	11
	6,226	6,557	-331
	4,822	5,165	-343
	5,171	5,144	27
	157	163	-6
	4,713	3,845	868
	208		208
	3,609	1,968	1,641
	30		30
	18,176	4,101	14,075
	5,240	5,663	-423
	5,192	3,665	1,527
	3,943	3,672	271
	3,237	2,253	984
	4,934	3,458	1,476
	3,448	2,411	1,037
	4,381	1,033	3,348
	38,602	32,089	6,513
	61,398	60,000	1,398
	1,637,047	1,444,700	192,347
	3,907	3,131	776
	3,093	2,327	766
	2,774	1,852	922
	4,170	2,827	1,343
	4,211	3,351	860
	4,865	4,159	706
	1,665	1,154	511
	2,532	1,193	1,339
	2,028	1,639	389
	1,947	1,708	239
	4,873	3,142	1,731
	7,549	6,272	1,277
	988	862	126
	3,268	4,277	-1,009
	4,893	3,847	1,046
	1,298	1,301	-3
	274	284	-10
	2,250	2,495	-245
	3,918	4,316	-398
	4,024	3,872	152
	778	873	-95
	1,847	1,289	558
	8,735	10,694	-1,959
	6,099	7,260	-1,161
	2,470	2,106	364
	2,688	1,671	1,017
	3,661	3,569	92
	8,668	3,630	5,038
	3,864	3,697	167
	2,196	3,634	-1,438
	219	249	-30
	873	538	335
	2,036	2,474	-438
	2,049	2,504	-455
	1,506	1,458	48
	278,263	297,038	-18,775
	1,243	1,404	-161
	1,275	1,409	-134
	107	63	44
	225	222	3
	3,932	4,384	-452
	135	175	-40
	921	915	6
	1,343	1,257	86
	660	565	95
	3,223	3,019	204
	302	341	-39
	485	518	-33
	217	227	-10
	1,738	1,492	246
	3,279	2,463	816
	115	57	58
	186	16	170
	4,286	4,746	-460
	2,029	1,678	351
	203	219	-16
	429	493	-64
	1,046	1,797	-751
	233	243	-10
	100,000	90,228	9,772
	351	426	-75
	242	273	-31
	639	1,039	-400
	344	349	-5
	193	156	37
	3,675	3,393	282
	3,858	714	3,144
	4,386	5,651	-1,265
	157	90	67
	4,329	4,784	-455
	2,144	3,594	-1,450
	4,871	7,786	-2,915
	20,000	19,216	784
	10,000	10,535	-535
	10,000	8,485	1,515
	14,101	12,052	2,049
	5,899	5,784	115
	20,000	20,569	-569
	10,000	10,258	-258
	25,000	26,601	-1,601
	7,500	7,734	-234
	12,500	12,060	440
	7,500	8,431	-931
	17,500	14,807	2,693
	12,500	10,687	1,813
	7,500	7,758	-258
	3,237	2,673	564
	3,068	2,396	672
	2,954	2,315	639
	1,350	1,370	-20
	1,104	899	205
	1,339	36	1,303
	5,692	6,817	-1,125
	4,034	3,960	74
	2,035	523	1,512
	2,261	2,488	-227
	14	14
	6,617	6,175	442
	1,838	2,632	-794
	1,548	2,298	-750
			441,410

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			816
b			596
c			3,592
d			3,443
e			506
			3,761
			-22
			306
			87
			2,848
			1,090
			542
			282
			1,860
			7,693
			1,606
			138
			534
			4,751
			1,948
			3
			-163
			588
			-1,095
			-684
			-203
			-1,650
			-23,256
			425
			2,920
			2,509
			-148
			-637
			1,209

			6,057
			412
			4,057
			432
			-198
			-4,605
			-1,596
			27
			-526
			7
			-131
			-386
			4,079
			84
			-38
			-448
			-328
			611
			-416
			-96
			1,386
			-16
			1,469
			42
			-845
			43,430
			65
			181
			335
			7,755
			11
			424
			3,982
			51
			76
			-591
			1,383
			3,072
			-904
			-163

			131

			-331
			-343
			27
			-6
			868
			208
			1,641
			30
			14,075
			-423
			1,527
			271
			984
			1,476
			1,037
			3,348
			6,513
			1,398
			192,347
			776
			766
			922
			1,343
			860
			706
			511
			1,339
			389
			239
			1,731
			1,277
			126
			-1,009
			1,046
			-3
			-10
			-245
			-398
			152
			-95
			558
			-1,959
			-1,161
			364
			1,017
			92
			5,038
			167
			-1,438
			-30
			335
			-438
			-455
			48
			-18,775
			-161
			-134
			44
			3
			-452
			-40
			6
			86
			95
			204
			-39
			-33
			-10
			246
			816
			58
			170
			-460
			351
			-16
			-64
			-751
			-10
			9,772
			-75
			-31
			-400
			-5
			37
			282
			3,144
			-1,265
			67
			-455
			-1,450
			-2,915
			784
			-535
			1,515
			2,049
			115
			-569
			-258
			-1,601
			-234
			440
			-931
			2,693
			1,813
			-258
			564
			672
			639
			-20
			205
			1,303
			-1,125
			74
			1,512
			-227

			442
			-794
			-750

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	758,443
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

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

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

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

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

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	646,591	14,287,755	0.045255
2016	629,714	13,204,053	0.047691
2015	550,363	13,758,386	0.040002
2014	516,464	13,733,912	0.037605
2013	484,954	12,645,857	0.038349

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

0.208902

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 ......

0.04178

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

14,912,580

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

623,048

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

9,030

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

632,078

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

703,717

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)

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	9,030
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	9,030
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	9,030
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	11,000
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	11,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,970
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax1,970	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

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

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

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

Form 990-PF (2018)

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

PNC BANK NA Telephone no. bullet

(412) 768-5892

Located at bullet

116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4 bullet

15212

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 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

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 2018?.............

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 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............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 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.)..................

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 2018?

Form 990-PF (2018)

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
PNC BANK NA	TRUSTEE 22	104,571
116 ALLEGHENY CENTER MALL PITTSBURGH,PA15212	TRUSTEE 22	104,571

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


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









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

Form 990-PF (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............. 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 (2018)

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

15,139,675

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

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

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

15,139,675

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

15,139,675

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

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

227,095

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

14,912,580

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

745,629

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.)

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

745,629

Tax on investment income for 2018 from Part VI, line 5......

9,030

Income tax for 2018. (This does not include the tax from Part VI.)...

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

9,030

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

736,599

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

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

736,599

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

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

736,599

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 ..........

703,717

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

703,717

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

9,030

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

694,687

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)

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					736,599
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				698,488
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 703,717
a Applied to 2017, but not more than line 2a				698,488
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.....					5,229
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 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 ..........					731,370
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 ......		0
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

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 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) 2018	(b) 2017	(c) 2016	(d) 2015	(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 (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF LOUISVILLE FOUNDATION INC 215 CENTRAL AVE STE 212 LOUISVILLE,KY402081451	NONE	PC	GENERAL SUPPORT	174,622
THE SALVATION ARMY PO BOX 1149 LOUISVILLE,KY402011149	NONE	PC	GENERAL SUPPORT	174,622
EPISCOPAL DIOCESE OF KENTUCKY 425 S 2ND STREET STE 200 LEXINGTON,KY40202	NONE	PC	GENERAL SUPPORT	174,622
CHILDREN'S HOSPITAL FOUNDATION INC 234 GRAY STREET STE 450 LOUISVILLE,KY40202	NONE	PC	GENERAL SUPPORT	174,622
Total ................................. 3a				698,488

bApproved for future payment

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

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	249,553
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	758,443
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				1,007,996

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

1,007,996

(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 (2018)

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 (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 ExplnOfNonFilingWithAGStmt

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Statement:

The Robert E Brennan Trust does not file a copy of Form 990-PF with the office of the Attorney General in Kentucky because the trust does not solicit funds in the state of Kentucky and therefore the Attorney General does not wish to receive a copy of the tax return.

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	775,043	1,385,682

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	4,188,503	4,048,949
MUTUAL FUNDS - EQUITY	AT COST	7,604,419	7,752,662

- TIN:

TY 2018 OtherExpensesSchedule

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MAP MANAGEMENT FEES	4,750	4,750		0
ADR SERVICE FEES	88	88		0

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Description	Amount
ROUNDING ADJ FOR SALES AND TRANSACTIONS	1

- TIN:

TY 2018 TaxesSchedule

Name:

ROBERT E BRENNAN TRUST UNDER WILL

EIN:

61-6063803

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	806	806		0
FEDERAL ESTIMATES - PRINCIPAL	10,275	0		0