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.
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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
THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

Number and street (or P.O. box number if mail is not delivered to street address)ONE CITIZENS BANK WAY JCB115
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
JOHNSTON, RI02919

A Employer identification number

26-6218956

B Telephone number (see instructions)

(401) 456-1156

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

$7,553,790J 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...	163,931		163,931
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		720,443
b	Gross sales price for all assets on line 6a 3,332,169
7	Capital gain net income (from Part IV, line 2)...			720,443
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........	884,374		884,374
13	Compensation of officers, directors, trustees, etc.	52,951		26,475		26,476
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).......		920	0	0	920
c	Other professional fees (attach schedule)....		20,320	20,320		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		18,858	2,373		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).......		35,521			35,521
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	128,570		49,168	0	62,917
25	Contributions, gifts, grants paid.......	417,016				417,016
26	Total expenses and disbursements. Add lines 24 and 25	545,586		49,168	0	479,933
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	338,788
b	Net investment income (if negative, enter -0-)			835,206
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.........	289,282	140,049	140,049
	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).......
	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)..........	6,180,754	6,662,866	7,413,741
	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)	6,470,036	6,802,915	7,553,790
	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........	6,412,581	6,802,915
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	57,455
	30	Total net assets or fund balances (see instructions).....	6,470,036	6,802,915
	31	Total liabilities and net assets/fund balances (see instructions).	6,470,036	6,802,915

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

6,470,036

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

338,788

Other increases not included in line 2 (itemize) bullet

581

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

6,809,405

Decreases not included in line 2 (itemize) bullet

6,490

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

6,802,915

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	150. AT & T INC		2011-08-12	2018-03-06
b	95. AT & T INC		2011-08-12	2018-05-24
c	.405 AT & T INC		2013-09-16	2018-08-03
d	.325 AT & T INC		2013-10-16	2018-08-03
e	65. ADOBE SYS INC		2016-08-16	2018-03-06
	64. ADOBE SYS INC		2016-08-16	2018-05-09
	40. ADOBE SYS INC		2016-08-16	2018-05-24
	61. ADOBE SYS INC		2016-08-16	2018-06-20
	190. ALIGN TECHNOLOGY INC		2016-02-10	2018-03-06
	5. ALPHABET INC CL C		2010-09-28	2018-03-06
	10. ALPHABET INC CL C		2011-07-22	2018-05-24
	15. ALPHABET INC CL A		2011-07-22	2018-03-06
	10. AMAZON COM INC		2016-07-19	2018-03-06
	12. AMAZON COM INC		2016-07-19	2018-09-19
	50. AMGEN INC.		2012-04-30	2018-03-06
	65. AMGEN INC.		2012-04-30	2018-05-24
	70. ANALOG DEVICES, INC.		2017-02-02	2018-03-06
	50. ANALOG DEVICES, INC.		2017-02-02	2018-05-24
	385. ANALOG DEVICES, INC.		2017-02-02	2018-12-12
	135. APPLE COMPUTER INC		2010-06-23	2018-03-06
	85. APPLE COMPUTER INC		2010-06-23	2018-05-24
	55. AVERY DENNISON CORP		2016-06-21	2018-03-06
	50. AVERY DENNISON CORP		2016-06-21	2018-05-24
	310. AVERY DENNISON CORP		2016-06-21	2018-12-12
	.401 BECTON DICKINSON & CO		2014-07-29	2018-01-25
	59. BECTON DICKINSON & CO		2014-07-29	2018-02-07
	55. BERKSHIRE HATHAWAY INC DEL CL B NEW		2016-02-22	2018-03-06
	35. BERKSHIRE HATHAWAY INC DEL CL B NEW		2016-02-22	2018-05-24
	15. BLACKROCK INC		2018-02-07	2018-03-06
	5. BLACKROCK INC		2018-02-07	2018-05-24
	65. BLACKROCK INC		2018-02-07	2018-08-28
	30. BOEING CO		2011-10-05	2018-03-06
	63. BOEING CO		2015-08-18	2018-03-20
	10. BOEING CO		2015-08-18	2018-05-24
	205. BOSTON SCIENTIFIC CORP		2015-02-05	2018-03-06
	135. BOSTON SCIENTIFIC CORP		2015-02-05	2018-05-24
	155. BRISTOL MYERS SQUIBB CO		2016-12-20	2018-03-06
	100. BRISTOL MYERS SQUIBB CO		2016-12-20	2018-05-24
	225. BRISTOL MYERS SQUIBB CO		2017-11-15	2018-05-30
	610. BRISTOL MYERS SQUIBB CO		2017-01-24	2018-05-30
	70. CATERPILLAR INC		2017-05-03	2018-03-06
	93. CATERPILLAR INC		2017-05-03	2018-03-20
	45. CATERPILLAR INC		2017-05-03	2018-05-24
	90. CELGENE CORP		2017-07-06	2018-03-06
	15. CELGENE CORP		2017-07-06	2018-05-24
	520. CELGENE CORP		2017-12-13	2018-06-20
	135. CHURCH & DWIGHT CO INC		2017-02-14	2018-03-06
	60. CHURCH & DWIGHT CO INC		2017-02-14	2018-05-24
	725. CHURCH & DWIGHT CO INC		2017-03-22	2018-05-30
	40. CINTAS CORPORATION		2013-10-16	2018-03-06
	25. CINTAS CORPORATION		2013-10-16	2018-05-24
	205. CITIGROUP INC		2015-06-04	2018-03-06
	435. CITIGROUP INC		2015-06-16	2018-05-09
	45. CITIGROUP INC		2015-06-16	2018-05-24
	40. CLOROX CO		2015-09-02	2018-03-06
	25. CLOROX CO		2015-09-02	2018-05-24
	10395.749 COLUMBIA INCOME OPPORTUNITIES Z		2015-11-30	2018-03-06
	305. COMCAST CORP		2015-06-24	2018-03-06
	740. COMCAST CORP		2015-08-18	2018-05-09
	110. COMCAST CORP		2015-08-18	2018-05-24
	125. CONOCOPHILLIPS		2012-05-03	2018-03-06
	125. CONOCOPHILLIPS		2013-09-05	2018-05-24
	45. COSTCO WHSL CORP NEW		2017-11-07	2018-03-06
	30. COSTCO WHSL CORP NEW		2017-11-07	2018-05-24
	62. COSTCO WHSL CORP NEW		2017-11-07	2018-09-11
	100000. DEERE JOHN CAP CORP 5.350% 4/03/18		2009-11-30	2018-04-03
	25. DISNEY WALT CO		2018-05-09	2018-05-24
	120. DOLLAR GEN CORP NEW		2018-01-09	2018-05-24
	490. DUKE ENERGY CORP NEW		2014-04-23	2018-02-07
	90. EDWARDS LIFESCIENCES CORP		2018-03-06	2018-05-24
	70. FACEBOOK INC		2016-01-27	2018-03-06
	45. FACEBOOK INC		2016-01-27	2018-05-24
	95. FACEBOOK INC		2016-01-27	2018-08-16
	100000. FED FARM CR BK 4.670% 2/27/18		2009-08-07	2018-02-27
	150000. FED NATL MTG ASSN 1.625% 11/27/18		2014-12-12	2018-11-27
	45. FISERV INC		2014-10-30	2018-03-06
	45. FISERV INC		2014-10-30	2018-05-24
	21. GARRETT MOTION INC		2016-10-04	2018-10-31
	30. GENERAL DYNAMICS		2013-09-20	2018-03-06
	20. GENERAL DYNAMICS		2013-09-20	2018-05-24
	168. GENERAL DYNAMICS		2013-09-20	2018-10-31
	155. HALLIBURTON CO		2017-12-05	2018-03-06
	90. HALLIBURTON CO		2017-12-05	2018-05-24
	820. HALLIBURTON CO		2017-12-05	2018-10-31
	45. HARRIS CORP		2015-06-24	2018-03-06
	20. HARRIS CORP		2015-06-24	2018-05-24
	85. HOME DEPOT INC		2016-01-05	2018-03-06
	25. HOME DEPOT INC		2016-01-05	2018-05-24
	115. HOME DEPOT INC		2016-03-15	2018-12-06
	150. HONEYWELL INTL INC		2015-10-23	2018-03-06
	70. HONEYWELL INTL INC		2015-10-23	2018-05-24
	65. ILLINOIS TOOL WORKS		2016-02-22	2018-03-06
	125. ILLINOIS TOOL WORKS		2016-02-22	2018-05-09
	35. ILLINOIS TOOL WORKS		2016-02-22	2018-05-24
	350. INTEL CORP.		2018-02-07	2018-05-24
	180. JP MORGAN CHASE & CO		2009-06-19	2018-03-06
	155. JP MORGAN CHASE & CO		2009-07-30	2018-05-24
	190. JP MORGAN CHASE & CO		2011-10-05	2018-07-19
	70. JOHNSON & JOHNSON		2013-05-23	2018-03-06
	5. JOHNSON & JOHNSON		2013-05-23	2018-05-24
	281. KIMBERLY CLARK CORP		2015-09-10	2018-03-06
	90. LINCOLN NATL CORP		2018-01-09	2018-03-06
	80. LINCOLN NATL CORP		2018-01-09	2018-05-24
	490. LINCOLN NATL CORP		2018-01-09	2018-07-19
	70. MARSH & MCLENNAN		2013-07-16	2018-03-06
	35. MARSH & MCLENNAN		2013-07-16	2018-05-24
	55. MCDONALDS CORP		2017-05-16	2018-03-06
	40. MCDONALDS CORP		2017-05-16	2018-05-24
	5. METTLER TOLEDO INTERNATIONAL		2017-05-10	2018-03-06
	52. METTLER TOLEDO INTERNATIONAL		2017-05-10	2018-09-19
	210. MICROSOFT CORP		2012-06-26	2018-03-06
	130. MICROSOFT CORP		2012-06-26	2018-05-24
	55. NEXTERA ENERGY INC COM		2012-01-31	2018-03-06
	30. NEXTERA ENERGY INC COM		2012-01-31	2018-05-24
	9002.926 OPPENHEIMER INTL GROWTH FD		2018-03-08	2018-12-06
	100. ORACLE SYSTEMS CORP.		2018-05-09	2018-05-24
	85. P N C FINL CORP		2011-10-20	2018-03-06
	70. P N C FINL CORP		2011-10-20	2018-05-24
	135. P N C FINL CORP		2014-02-04	2018-09-11
	40. PARKER-HANNIFIN CORP		2017-01-18	2018-03-06
	35. PARKER-HANNIFIN CORP		2017-01-18	2018-05-24
	210. PARKER-HANNIFIN CORP		2017-01-18	2018-08-28
	70. PEPSICO INC		2009-06-19	2018-03-06
	40. PEPSICO INC		2009-06-19	2018-05-24
	150. PRINCIPAL FINL GROUP INC		2016-06-07	2018-03-06
	130. PRINCIPAL FINL GROUP INC		2016-06-07	2018-05-24
	775. PRINCIPAL FINL GROUP INC		2016-08-03	2018-10-31
	19256.752 PUTNAM ABSOLUTE RETURN 700 Y		2015-12-21	2018-03-07
	100.689 PUTNAM ABSOLUTE RETURN 700 Y		2017-12-19	2018-03-07
	35. RESIDEO TECHNOLOGIES INC		2016-10-04	2018-12-06
	35. S&P GLOBAL INC COM		2015-11-13	2018-03-06
	20. S&P GLOBAL INC COM		2015-11-13	2018-05-24
	700. SPDR S&P MIDCAP 400 ETF TR		2009-12-14	2018-03-06
	190. SELECT SEC SPDR MATLS		2014-01-10	2018-03-06
	140. SELECT SEC SPDR MATLS		2014-01-10	2018-05-24
	210. SELECT SECTOR SPDR ENERGY		2015-12-15	2018-03-06
	185. SELECT SECTOR SPDR ENERGY		2015-12-15	2018-05-24
	135. SYSCO CORP		2017-02-14	2018-03-06
	105. SYSCO CORP		2017-02-14	2018-05-24
	245. SYSCO CORP		2017-02-14	2018-12-12
	350. TEXAS INSTRUMENTS CORP		2014-07-10	2018-02-07
	85. TEXAS INSTRUMENTS CORP		2014-07-10	2018-03-06
	65. TEXAS INSTRUMENTS CORP		2014-07-10	2018-05-24
	35. THERMO ELECTRON CORP		2012-10-26	2018-03-06
	20. THERMO ELECTRON CORP		2012-10-26	2018-05-24
	55. TIME WARNER INC		2013-09-16	2018-03-06
	45. TIME WARNER INC		2013-09-16	2018-05-24
	55. UNITEDHEALTH GROUP INC		2015-03-17	2018-03-06
	45. UNITEDHEALTH GROUP INC		2015-03-17	2018-05-24
	90. VALERO ENERGY CORP NEW		2015-04-17	2018-03-06
	120. VALERO ENERGY CORP NEW		2015-05-01	2018-05-24
	135. VERIZON COMMUNICATIONS		2011-09-22	2018-03-06
	120. VERIZON COMMUNICATIONS		2011-10-05	2018-05-24
	120. VISA INC		2011-09-22	2018-03-06
	65. VISA INC		2011-09-22	2018-05-24
	110. VISA INC		2011-09-22	2018-08-28
	115. VISA INC		2011-09-22	2018-12-12
	105. WAL-MART STORES INC		2017-09-06	2018-03-06
	65. WAL-MART STORES INC		2017-09-06	2018-05-24
	115. WASTE MGMT INC		2016-11-02	2018-03-06
	80. WASTE MGMT INC		2016-11-02	2018-05-24
	190. WASTE MGMT INC		2016-11-02	2018-12-06
	85. YUM BRANDS INC		2017-11-07	2018-03-06
	35. YUM BRANDS INC		2017-11-07	2018-05-24
	50. ZOETIS INC		2018-03-20	2018-05-24
	55. AON PLC CL A		2016-06-07	2018-03-06
	30. AON PLC CL A		2016-06-07	2018-05-24
	100. AON PLC CL A		2016-06-07	2018-12-06
	75. ACCENTURE PLC IRELAND		2013-11-19	2018-03-06
	.665 DELPHI TECHNOLOGIES PLC SHS		2017-06-20	2018-01-11
	100. APTIV PLC		2017-06-20	2018-03-06
	50. APTIV PLC		2017-06-20	2018-05-24
	185. APTIV PLC		2017-06-20	2018-08-16
	180. APTIV PLC		2017-06-20	2018-09-19
	200. APTIV PLC		2017-12-13	2018-09-19
	365. CHUBB LIMITED		2015-09-10	2018-01-09
	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	5,505	4,260	1,245
b	3,084	2,729	355
c	13	17	-4
d	10	15	-5
e	13,696	6,546	7,150
	15,206	6,445	8,761
	9,759	4,028	5,731
	15,409	6,143	9,266
	48,356	11,706	36,650
	5,501	1,310	4,191
	10,747	2,944	7,803
	16,546	4,498	12,048
	15,347	7,402	7,945
	23,029	8,882	14,147
	9,503	3,575	5,928
	11,566	4,648	6,918
	6,411	5,289	1,122
	4,733	3,778	955
	34,570	29,091	5,479
	23,815	4,566	19,249
	15,963	3,285	12,678
	6,293	4,212	2,081
	5,445	3,829	1,616
	28,450	23,739	4,711
	96	86	10
	13,179	12,645	534
	11,203	7,253	3,950
	6,808	4,615	2,193
	8,197	8,062	135
	2,693	2,687	6
	31,437	34,933	-3,496
	10,502	1,773	8,729
	21,255	6,120	15,135
	3,577	1,447	2,130
	5,602	3,122	2,480
	4,103	2,056	2,047
	10,127	9,184	943
	5,236	5,925	-689
	11,940	13,594	-1,654
	32,371	32,463	-92
	10,756	7,114	3,642
	14,340	9,451	4,889
	7,076	4,573	2,503
	7,977	11,868	-3,891
	1,188	1,978	-790
	41,280	65,581	-24,301
	6,796	6,538	258
	2,809	2,906	-97
	34,720	35,748	-1,028
	6,850	1,986	4,864
	4,528	1,308	3,220
	15,156	11,358	3,798
	31,073	24,294	6,779
	3,112	2,562	550
	5,260	4,409	851
	2,991	2,755	236
	101,047	100,721	326
	11,201	9,254	1,947
	22,727	22,385	342
	3,470	3,300	170
	6,762	6,809	-47
	8,537	7,172	1,365
	8,588	7,455	1,133
	5,941	4,970	971
	15,136	10,272	4,864
	100,000	109,481	-9,481
	2,542	2,497	45
	11,545	11,303	242
	36,779	36,018	761
	12,387	12,298	89
	12,592	6,745	5,847
	8,380	4,336	4,044
	16,852	9,155	7,697
	100,000	102,247	-2,247
	150,000	150,000
	6,477	3,085	3,392
	3,222	1,543	1,679
	312	247	65
	6,718	2,646	4,072
	4,167	1,785	2,382
	29,293	14,991	14,302
	7,125	6,792	333
	4,707	3,944	763
	28,644	35,932	-7,288
	6,950	3,556	3,394
	3,070	1,580	1,490
	15,364	11,126	4,238
	4,651	3,272	1,379
	19,837	15,021	4,816
	22,384	15,350	7,034
	10,534	7,163	3,371
	10,479	6,281	4,198
	18,192	12,080	6,112
	5,161	3,382	1,779
	19,105	16,004	3,101
	20,662	6,239	14,423
	17,170	5,552	11,618
	20,922	7,070	13,852
	8,969	5,501	3,468
	610	438	172
	31,540	29,393	2,147
	6,800	7,317	-517
	5,548	6,504	-956
	31,882	39,839	-7,957
	5,828	2,921	2,907
	2,847	1,461	1,386
	8,279	8,099	180
	6,474	5,890	584
	3,008	2,753	255
	31,846	28,629	3,217
	19,576	5,555	14,021
	12,717	3,925	8,792
	8,477	3,288	5,189
	4,833	1,793	3,040
	324,465	400,000	-75,535
	4,634	4,644	-10
	13,519	4,498	9,021
	10,328	3,704	6,624
	19,331	7,837	11,494
	7,145	5,793	1,352
	6,214	5,069	1,145
	36,780	30,413	6,367
	7,612	3,831	3,781
	4,003	2,189	1,814
	9,232	6,564	2,668
	7,633	5,688	1,945
	36,669	34,454	2,215
	227,422	242,695	-15,273
	1,189	1,232	-43
	702	682	20
	6,658	3,326	3,332
	4,000	1,900	2,100
	243,328	90,549	152,779
	11,526	7,820	3,706
	8,298	6,390	1,908
	14,247	13,077	1,170
	14,167	11,520	2,647
	8,115	7,119	996
	6,769	5,537	1,232
	16,088	12,919	3,169
	36,375	17,127	19,248
	9,297	4,160	5,137
	7,188	3,181	4,007
	7,296	2,140	5,156
	4,321	1,223	3,098
	5,223	3,346	1,877
	4,226	2,737	1,489
	12,424	6,469	5,955
	10,926	5,293	5,633
	8,323	5,182	3,141
	14,563	6,988	7,575
	6,564	4,788	1,776
	5,838	4,259	1,579
	14,490	2,640	11,850
	8,540	1,430	7,110
	15,994	2,420	13,574
	16,052	2,530	13,522
	9,355	8,413	942
	5,357	5,208	149
	9,824	7,358	2,466
	6,620	5,119	1,501
	17,373	12,157	5,216
	6,888	6,870	18
	2,918	2,829	89
	4,233	4,214	19
	7,763	6,042	1,721
	4,268	3,296	972
	15,849	10,986	4,863
	11,799	5,880	5,919
	38	29	9
	8,966	7,077	1,889
	4,869	3,539	1,330
	17,014	13,093	3,921
	15,735	12,739	2,996
	17,483	16,971	512
	53,041	36,879	16,162
			63,024

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			1,245
b			355
c			-4
d			-5
e			7,150
			8,761
			5,731
			9,266
			36,650
			4,191
			7,803
			12,048
			7,945
			14,147
			5,928
			6,918
			1,122
			955
			5,479
			19,249
			12,678
			2,081
			1,616
			4,711
			10
			534
			3,950
			2,193
			135
			6
			-3,496
			8,729
			15,135
			2,130
			2,480
			2,047
			943
			-689
			-1,654
			-92
			3,642
			4,889
			2,503
			-3,891
			-790
			-24,301
			258
			-97
			-1,028
			4,864
			3,220
			3,798
			6,779
			550
			851
			236
			326
			1,947
			342
			170
			-47
			1,365
			1,133
			971
			4,864
			-9,481
			45
			242
			761
			89
			5,847
			4,044
			7,697
			-2,247

			3,392
			1,679
			65
			4,072
			2,382
			14,302
			333
			763
			-7,288
			3,394
			1,490
			4,238
			1,379
			4,816
			7,034
			3,371
			4,198
			6,112
			1,779
			3,101
			14,423
			11,618
			13,852
			3,468
			172
			2,147
			-517
			-956
			-7,957
			2,907
			1,386
			180
			584
			255
			3,217
			14,021
			8,792
			5,189
			3,040
			-75,535
			-10
			9,021
			6,624
			11,494
			1,352
			1,145
			6,367
			3,781
			1,814
			2,668
			1,945
			2,215
			-15,273
			-43
			20
			3,332
			2,100
			152,779
			3,706
			1,908
			1,170
			2,647
			996
			1,232
			3,169
			19,248
			5,137
			4,007
			5,156
			3,098
			1,877
			1,489
			5,955
			5,633
			3,141
			7,575
			1,776
			1,579
			11,850
			7,110
			13,574
			13,522
			942
			149
			2,466
			1,501
			5,216
			18
			89
			19
			1,721
			972
			4,863
			5,919
			9
			1,889
			1,330
			3,921
			2,996
			512
			16,162

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	720,443
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	441,818	7,896,950	0.055948
2016	437,842	7,460,437	0.058689
2015	455,205	7,727,761	0.058905
2014	448,200	7,727,321	0.058002
2013	457,898	7,337,337	0.062407

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

0.293951

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 ......

0.05879

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

7,966,918

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

468,375

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

8,352

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

476,727

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

479,933

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	8,352
	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	8,352
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	8,352
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	9,700
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	9,700
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	1,348
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax1,348	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 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

The books are in care of bullet

CITIZENS BANK NA Telephone no. bullet

(603) 634-7772

Located at bullet

900 ELM STREETMANCHESTERNH ZIP+4 bullet

03101

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
CITIZENS BANK N A	TRUSTEE 5	52,951
900 ELM STREET MANCHESTER,NH03101	TRUSTEE 5	52,951

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

7,936,432

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

151,810

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

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

8,088,242

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

8,088,242

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

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

121,324

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

7,966,918

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

398,346

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

398,346

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

8,352

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

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

8,352

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

389,994

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

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

389,994

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

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

389,994

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 ..........

479,933

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

479,933

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

8,352

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

471,581

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					389,994
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......	11,772
b From 2014......	78,926
c From 2015......	78,145
d From 2016......	70,644
e From 2017......	56,667
fTotal of lines 3a through e........		296,154
4Qualifying distributions for 2018 from Part
XII, line 4: $ 479,933
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.....					389,994
e Remaining amount distributed out of corpus		89,939
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		386,093
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) ...		11,772
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		374,321
10 Analysis of line 9:
a Excess from 2014....	78,926
b Excess from 2015....	78,145
c Excess from 2016....	70,644
d Excess from 2017....	56,667
e Excess from 2018....	89,939

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).)

NONE

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

NONE

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

Check here bullet

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

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

CITIZENS BANK N A
900 ELM ST
MANCHESTER,NH03101
(603) 634-7772

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

SEE ATTACHED APPLICATION FORM

cAny submission deadlines:

MAY 31

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

SEE ATTACHED SCHOLARSHIP GUIDELINES

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
NEW HAMPSHIRE CHARITABLE FOUNDATION 37 PLEASANT ST CONCORD,NH03301	NONE	501(C)3	MEDICAL SCHOLARSHIP	417,016
Total ................................. 3a				417,016

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	163,931
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	720,443
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)..				884,374

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

884,374

(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 AccountingFeesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	920			920

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
SEE ATTACHED STATEMENT	AT COST	6,662,866	7,413,741

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Description	Amount
AMORTIZATION	1,493
TAX COST ADJ FOR BECTON DICKINSON & CO.	4,997

- TIN:

TY 2018 OtherExpensesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE FILING FEE	75	0		75
SCHOLARSHIP PROCESSING FEE	35,446	0		35,446

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Description	Amount
MUTUAL FUND TIMING DIFFERENCE	581

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMNT MNGMNT FEES (NON-DED	20,320	20,320

- TIN:

TY 2018 TaxesSchedule

Name:

THE R D LA PENTA MEDICAL SCHOLARSHIP TRUST

EIN:

26-6218956

Category	Amount	Net Investment Income
FEDERAL TAX PAYMENT - PRIOR YE	6,785	0
FEDERAL ESTIMATES - PRINCIPAL	9,700	0
FOREIGN TAXES ON QUALIFIED FOR	2,301	2,301
FOREIGN TAXES ON NONQUALIFIED	72	72