Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
KATE L DUNWOODY TR UW
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

41-6014903
B Telephone number (see instructions)

(651) 466-8040
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,564,743J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 262,334 262,334  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 217,768
b Gross sales price for all assets on line 6a 1,216,813
7 Capital gain net income (from Part IV, line 2)... 217,768
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........ 480,102 480,102  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 68,819 61,937   6,882
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 101 0 0 101
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,373 3,325   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,192 1,167   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,485 66,429 0 7,008
25 Contributions, gifts, grants paid....... 465,914 465,914
26 Total expenses and disbursements. Add lines 24 and 25 542,399 66,429 0 472,922
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -62,297
b Net investment income (if negative, enter -0-) 413,673
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   1,119 1,119
2 Savings and temporary cash investments......... 201,307 242,850 242,850
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,735,524 Click to see attachment2,607,544 2,905,799
c Investments—corporate bonds (attach schedule)....... 1,959,251 Click to see attachment3,134,251 3,009,660
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,556,330 Click to see attachment2,400,000 2,400,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,055 Click to see attachment5,315 Click to see attachment5,315
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,454,467 8,391,079 8,564,743
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 8,454,467 8,391,079
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 8,454,467 8,391,079
31 Total liabilities and net assets/fund balances (see instructions). 8,454,467 8,391,079
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,454,467
2
Enter amount from Part I, line 27a .....................
2
-62,297
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,392,170
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,091
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
8,391,079
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 262. MITSUBISHI ESTATE LTD A D R   2013-10-01 2018-01-09
b 169. MITSUBISHI ESTATE LTD A D R   2013-10-01 2018-01-10
c 43. J P MORGAN CHASE & CO     2018-01-18
d 30. PRAXAIR INC COM   2015-01-27 2018-01-18
e 42. ABBVIE INC     2018-01-31
5. BLACKROCK INC     2018-01-31
88. NASPERS LTD N SPON A D R   2015-07-08 2018-02-27
49. SAP AG SYSTEM ANWENDUNGEN PRODUKTE INDER DATENVERARBEITU   2011-08-16 2018-02-27
428. INTERPUBLIC GROUP COS INC COM     2018-02-28
133. ABBVIE INC   2013-01-15 2018-04-04
52. MONSANTO CO     2018-04-18
3499. TURKIYE GARANTI BANKASI A S A D R   2011-08-16 2018-04-27
114. CISCO SYS INC     2018-05-15
88. DASSAULT SYSTEMES S.A. SPA ADR   2011-08-16 2018-05-18
69. SHIRE PHARMACEUTICALS GR SPONSORED ADR     2018-05-18
51. SHIRE PHARMACEUTICALS GR SPONSORED ADR   2016-11-25 2018-05-18
53. MONSANTO CO     2018-05-31
1500. BAYER A G SPONSORED ADR   1901-01-01 2018-07-02
24. UNION PACIFIC CORPORATION   2016-08-04 2018-07-11
38. MEDTRONIC PLC     2018-07-11
77. PHILLIPS 66     2018-08-13
1. SECURITY LITIGATION   1911-11-11 2018-08-22
273. NIELSEN HOLDINGS PLC     2018-08-29
9. APPLE COMPUTER INC COM   2012-05-11 2018-09-11
142. SYSMEX CORP UNSPON A D R   2012-05-24 2018-09-19
100000. BMO 24M EFA TW MTN 9/28/18   2016-09-27 2018-09-28
100000. JPM 24M SPX LBR 9/28/18   2016-09-27 2018-09-28
100000. RBC 24M SPX LBR MTN 10/02/18   2016-09-27 2018-10-02
100000. RBC 24M SPX TW MTN 10/02/18   2016-09-27 2018-10-02
11. GARRETT MOTION INC     2018-10-04
19. BECTON DICKINSON & CO COM     2018-10-16
328. WELLS FARGO & CO NEW     2018-10-24
.4 GARRETT MOTION INC   2013-06-17 2018-10-26
100000. BMO 24M SPX TW MTN 10/31/18   2016-10-26 2018-10-31
200000. BMO 24M RTY LBR MTN 10/31/18   2016-10-26 2018-10-31
51. PRAXAIR INC COM   2015-01-27 2018-10-31
19. PRAXAIR INC COM   2017-03-06 2018-10-31
15. PRAXAIR INC COM   2017-06-30 2018-10-31
22. PRAXAIR INC COM   2018-05-15 2018-10-31
100000. RBC 24M SPX LBR MTN 10/31/18   2016-10-26 2018-10-31
19. RESIDEO TECHNOLOGIES INC     2018-11-01
4. DASSAULT SYSTEMES S.A. SPA ADR   2011-08-16 2018-11-12
130. WPP PLC SPONSORED A D R   2011-08-16 2018-11-12
222. DAITO TRUST CONS SPN A D R     2018-11-13
69. DASSAULT SYSTEMES S.A. SPA ADR   2011-08-16 2018-11-13
15. JOHNSON & JOHNSON   2015-07-31 2018-12-11
18. LINDE PLC     2018-12-11
17. CHUBB LTD   2018-05-31 2018-12-11
1. CHUBB LTD   2016-12-06 2018-12-11
660. AIR LIQUIDE ADR     2018-12-12
279. BBA AVIATION PLC UNSPON A D R   2016-06-29 2018-12-12
226. CSL LIMITED A D R   2011-08-16 2018-12-12
.5 ITAU UNIBANCO HOLDINGS SA A D R   2012-09-26 2018-12-19
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 4,804   7,806 -3,002
b 3,150   5,035 -1,885
c 4,865   2,255 2,610
d 4,888   3,694 1,194
e 4,769   2,657 2,112
2,825   1,702 1,123
4,955   2,395 2,560
5,117   2,606 2,511
10,094   10,605 -511
12,141   4,588 7,553
6,499   5,883 616
7,978   12,491 -4,513
5,118   3,753 1,365
11,487   3,479 8,008
11,685   12,451 -766
8,637   8,952 -315
6,755   5,790 965
624     624
3,359   2,230 1,129
3,313   2,904 409
9,414   6,032 3,382
932     932
7,303   12,276 -4,973
2,013   731 1,282
6,232   1,360 4,872
116,393   100,000 16,393
117,000   100,000 17,000
114,000   100,000 14,000
134,912   100,000 34,912
181   102 79
4,554   3,626 928
16,535   11,462 5,073
6   3 3
124,271   100,000 24,271
227,990   200,000 27,990
8,336   6,279 2,057
3,106   2,243 863
2,452   1,995 457
3,596   3,469 127
114,000   100,000 14,000
421   285 136
490   158 332
7,086   6,728 358
7,343   10,827 -3,484
8,438   2,728 5,710
2,192   1,502 690
2,885   2,942 -57
2,190   2,219 -29
129   130 -1
15,987   15,712 275
3,818   4,206 -388
14,858   3,692 11,166
4   4  
      17,568
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -3,002
b       -1,885
c       2,610
d       1,194
e       2,112
      1,123
      2,560
      2,511
      -511
      7,553
      616
      -4,513
      1,365
      8,008
      -766
      -315
      965
      624
      1,129
      409
      3,382
      932
      -4,973
      1,282
      4,872
      16,393
      17,000
      14,000
      34,912
      79
      928
      5,073
      3
      24,271
      27,990
      2,057
      863
      457
      127
      14,000
      136
      332
      358
      -3,484
      5,710
      690
      -57
      -29
      -1
      275
      -388
      11,166
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 217,768
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 487,637 9,003,738 0.054159
2016 499,304 8,928,262 0.055924
2015 490,745 8,713,868 0.056318
2014 461,994 9,891,359 0.046707
2013 458,809 9,537,576 0.048105
2
Total of line 1, column (d) .....................
2
0.261213
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.052243
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,921,132
5
Multiply line 4 by line 3......................
5
466,067
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,137
7
Add lines 5 and 6........................
7
470,204
8
Enter qualifying distributions from Part XII, line 4,.............
8
472,922
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 4,137
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,137
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 4,137
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,592
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,592
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 455
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet455 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK NATIONAL ASSOCIATION Telephone no.bullet (651) 466-8040

    Located atbullet101 E FIFTH STREETSAINT PAULMN ZIP+4bullet55101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    US BANK NA CORP TRUSTEE
    8     		68,819    
    PO BOX 64713
    ST PAUL,MN55101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,769,776
    b
    Average of monthly cash balances.......................
    1b
    287,211
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,056,987
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    9,056,987
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    135,855
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,921,132
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    446,057
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    446,057
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,137
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,137
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    441,920
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    441,920
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    441,920
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    472,922
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    472,922
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    4,137
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    468,785
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 441,920
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 64,310
    d From 2016...... 59,145
    e From 2017...... 43,624
    fTotal of lines 3a through e........ 167,079
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 472,922
    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..... 441,920
    e Remaining amount distributed out of corpus 31,002
    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 5 198,081
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		198,081
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 64,310
    c Excess from 2016.... 59,145
    d Excess from 2017.... 43,624
    e Excess from 2018.... 31,002
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    DUNWOODY COLLEGE OF TECHNOLOGY
    ATTN CFO TAMMY MCGEE
    818 DUNWOODY BLVD
    MINNEAPOLIS,MN55403     		NONE PC GENERAL OPERATING 465,914
    Total .................................bullet 3a 465,914
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 262,334  
    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 ............     		    18 217,768  
    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)..   480,102  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    480,102
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Name of Bond End of Year Book Value End of Year Fair Market Value
    68381K606 OPPENHEIMER SENIOR F 513,967 479,475
    46646EWW8 JPM 24M SPX LBR    
    46646EZJ4 JPM 36M GSCI LBR MTN 100,000 102,100
    48125UG22 JPM 24M SPX LBR    
    057071854 BAIRD AGGREGATE BOND 1,229,115 1,213,392
    262028855 DRIEHAUS ACTIVE INCO 259,463 228,131
    464287226 ISHARES CORE TOTAL U 281,706 277,087
    06367WDU4 BMO 24M SPX 2X LBR M 150,000 141,795
    48130U7M1 JPM 24M SPX 1.5X LBR 150,000 146,175
    06367WCK7 BMO 24M EFA TW MTN 100,000 85,680
    48130UD28 JPM 24M RTY 1.5X LBR 150,000 145,185
    46647MMS9 JPM 24M SPX 1.5X LBR 100,000 102,700
    06367WCL5 BMO 24M SPX 2X LBR M 100,000 87,940

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Name of Stock End of Year Book Value End of Year Fair Market Value
    46625H100 J P MORGAN CHASE CO 9,229 20,891
    74925K581 ROBECO BOSTON PARTNE 144,856 145,158
    571748102 MARSH MCLENNAN COS I 11,197 16,269
    83569C102 SONOVA HOLDING UNSPO 5,895 11,965
    501173207 KUBOTA LTD A D R 9,361 8,877
    17275R102 CISCO SYSTEMS INC 11,405 15,945
    04530Y106 ASPEN PHARMACARE HL 12,866 5,419
    963320106 WHIRLPOOL CORP 7,676 6,840
    539830109 LOCKHEED MARTIN CORP 12,150 12,830
    072730302 BAYER AG A D R 39,791 26,355
    641069406 NESTLE SA SPONSORED 27,654 35,622
    056752108 BAIDU COM INC A D R 25,409 27,121
    430070409 HIGHLAND LONG SHORT 145,536 142,293
    06367TME7 BMO 24M SPX TW MTN    
    670678507 NUVEEN REAL ESTATE S 188,552 185,488
    701491102 PARK24 CO LTD SPN A 10,427 8,269
    61166W101 MONSANTO CO    
    907818108 UNION PACIFIC CORP 8,013 15,896
    126650100 CVS HEALTH CORPORATI 12,053 13,956
    M22465104 CHECK POINT SOFTWARE 22,010 26,997
    00287Y109 ABBVIE INC    
    438516106 HONEYWELL INTERNATIO 9,466 15,062
    713448108 PEPSICO INC 14,163 16,351
    904767704 UNILEVER PLC SPSD AD 11,291 17,190
    718546104 PHILLIPS 66 11,406 14,646
    806857108 SCHLUMBERGER LTD 35,480 17,499
    78462F103 SPDR S P 500 ETF 383,067 412,618
    06367TKW9 BMO 24M EFA TW MTN    
    35952Q106 FUCHS PETROLUB SE PR 11,031 9,719
    404280406 HSBC HOLDINGS PLC SP 11,898 11,593
    40049J206 GRUPO TELEVISA SA SP    
    900148701 TURKIYE GARANTI BANK    
    009126202 AIR LIQUIDE S A A D 19,273 25,065
    91324P102 UNITED HEALTH GROUP 7,071 24,414
    771195104 ROCHE HOLDINGS LTD S 21,379 30,427
    780259107 ROYAL DUTCH SHELL A 23,651 31,049
    018805101 ALLIANZ SE A D R 21,339 32,023
    82481R106 SHIRE PLC A D R    
    803866300 SASOL LTD SPONSORED 12,152 8,377
    949746101 WELLS FARGO CO    
    87184P109 SYSMEX CORP UNSPON A 4,012 9,939
    358029106 FRESENIUS MED AKTIEN 17,705 15,191
    803054204 SAP SE SPONSORED A D 18,204 29,666
    307305102 FANUC CORPORATION A 24,391 22,033
    502117203 LOREAL UNSPONSORED A 12,713 24,976
    922908553 VANGUARD REIT ETF 228,716 214,389
    78012KTQ0 RBC 24M SPX LBR MTN    
    45104G104 ICICI BANK LTD A D R 9,304 13,470
    87155N109 SYMRISE AG UNSPON A 9,246 12,504
    015393101 ALFA LAVAL AB SWEDEN 8,988 12,341
    61022V107 MONOTARO CO LTD UNSP 4,266 18,053
    874039100 TAIWAN SEMICONDUCTOR 14,111 38,571
    001317205 AIA GROUP LTD ADR 19,256 44,947
    06367TMF4 BMO 24M RTY LBR MTN    
    194162103 COLGATE PALMOLIVE CO 12,982 11,547
    G6518L108 NIELSEN HOLDINGS PLC    
    H1467J104 CHUBB LTD 10,086 12,143
    254687106 DISNEY WALT CO 12,811 13,377
    92939U106 WEC ENERGY GROUP INC 10,995 15,099
    09247X101 BLACKROCK INC 6,355 11,785
    05530H100 BBA AVIATION PLC UNS    
    136375102 CANADIAN NATL RY CO 10,644 22,159
    G5960L103 MEDTRONIC PLC 11,818 14,372
    166764100 CHEVRON CORPORATION 11,662 12,946
    G1151C101 ACCENTURE PLC CL A 6,544 16,921
    072743305 BAYERISCHE MOTOREN S 12,590 10,491
    65339F101 NEXTERA ENERGY INC 9,257 21,206
    31620M106 FIDELITY NATL INFORM 7,063 19,997
    594918104 MICROSOFT CORP 9,353 32,096
    049255706 ATLAS COPCO AB SPONS 8,353 9,237
    237545108 DASSAULT SYSTEMES SA 7,550 22,415
    037833100 APPLE INC 9,876 24,923
    78012KUL9 RBC 24M SPX LBR MTN    
    695156109 PACKAGING CORP AMERI 11,963 15,357
    466140100 JGC CORP UNSPONSORED 18,320 8,436
    478160104 JOHNSON JOHNSON 9,218 12,131
    88031M109 TENARIS SA ADR 5,849 4,733
    74005P104 PRAXAIR INC    
    398438408 GRIFOLS SA A D R 8,362 8,776
    23304Y100 DBS GROUP HLDGS LTD 20,546 28,029
    717081103 PFIZER INC 9,598 19,031
    465562106 ITAU UNIBANCO HOLDIN 11,133 18,956
    00206R102 ATT INC 13,108 11,701
    631512100 NASPERS LTD N SPONSO    
    92937A102 WPP PLC SPONSORED A    
    05946K101 BANCO BILBAO VIZCAYA 27,097 18,393
    464287465 ISHARES MSCI EAFE ET 18,678 17,634
    78012KTR8 RBC 24M SPX TW MTN    
    606783207 MITSUBISHI ESTATE LT    
    548661107 LOWES CO INC 11,965 20,227
    609207105 MONDELEZ INTERNATION 13,171 12,449
    G47791101 INGERSOLL RAND PLC 10,549 13,776
    502441306 LVMH MOET HENNESSY A 8,767 15,960
    12637N204 CSL LIMITED A D R    
    40052P107 GRUPO FIN BANORTE SP 10,592 10,459
    02319V103 AMBEV SA SPN A D R 11,010 8,777
    948596101 WEIBO CORP-SPON ADR 22,692 14,724
    670108109 NOVOZYMES A S UNSPON 10,560 9,084
    87974R208 TEMENOS GROUP AG SP 14,784 11,885
    23283R100 CYRUSONE INC 17,303 15,917
    344419106 FOMENTO ECONOMICO ME 9,328 9,466
    78012K3C9 RBC 24M EEM 1.5X LBR 75,000 72,863
    12572Q105 CME GROUP INC 13,983 15,238
    756109104 REALTY INCOME CORP 14,481 16,138
    45662N103 INFINEON TECHNOLOGIE 16,362 13,290
    40415F101 H D F C BK LTD A D R 9,849 11,602
    00687A107 ADIDAS AG A D R 10,027 9,182
    G5494J103 LINDE PLC 29,408 31,520
    882508104 TEXAS INSTRUMENTS IN 22,987 21,074
    718172109 PHILIP MORRIS INTL 16,479 11,349
    631512209 NASPERS LTD N SPON A 13,075 21,890
    143658300 CARNIVAL CORP 11,463 8,628
    500458401 KOMATSU LTD A D R RE 10,352 8,207
    075887109 BECTON DICKINSON AND 10,097 13,069
    78012K4Y0 RBC 24M SPX 2X LBR M 100,000 102,990
    54338V101 LONZA GROUP AG UNSPO 18,662 18,167
    N97284108 YANDEX NV 8,954 9,080
    78012K3D7 RBC 24M EEM 2X LBR M 75,000 70,740
    G0177J108 ALLERGAN PLC 13,609 10,292
    20030N101 COMCAST CORP CL A 17,565 15,561

    TY 2018 InvestmentsOtherSchedule2
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VARIOUS MINERAL INTERESTS      
    9941202R3 DUNWOODY COLLEGE 3.5 AT COST 2,400,000 2,400,000
    ALLERGAN PLC      
    H D F C BK LTD A D R      
    INFINEON TECHNOLOGIES A D R      
    WEIBO CORP SPON A D R      
    COMCAST CORP      
    CYRUSONE INC      
    BECTON DICKINSON AND CO      
    RBC 24M EEM 1.5X LBR MTN      
    RBC 24M EEM 2X LBR MTN 7/31/19      
    RBC 24M EEM 2X LBR MTN 9/03/19      
    INTERPUBLIC GROUP COS INC      

    TY 2018 LegalFeesSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 101     101


    TY 2018 OtherAssetsSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCURED INCOME 2,055 5,315 5,315


    TY 2018 OtherDecreasesSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Description Amount
    PY ROC ADJUSTMENT 913
    CY SALE NOT SETTLED AT YEAR END 57
    COST BASIS ADJUSTMENT 121


    TY 2018 OtherExpensesSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE/TAXES 25 0   25
    ADR FEES 1,167 1,167   0


    TY 2018 TaxesSchedule
    Name:
    KATE L DUNWOODY TR UW
    EIN:
    41-6014903
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,325 3,325   0
    FEDERAL ESTIMATES - PRINCIPAL 3,048 0   0