TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2018

Open to Public Inspection

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

Name of foundation
J EMPSON IRREV TW FBO CHARITIES

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

84-6018511

B Telephone number (see instructions)

(503) 464-3580

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

$2,605,894J 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...	64,680		62,774
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		73,121
b	Gross sales price for all assets on line 6a 696,943
7	Capital gain net income (from Part IV, line 2)...			73,121
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........	137,801		135,895
13	Compensation of officers, directors, trustees, etc.	50,697		45,627		5,070
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).......		1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		2,455	2,021		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).......		304	304
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	54,956		47,952	0	6,570
25	Contributions, gifts, grants paid.......	142,860				142,860
26	Total expenses and disbursements. Add lines 24 and 25	197,816		47,952	0	149,430
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-60,015
b	Net investment income (if negative, enter -0-)			87,943
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.............	766
	2	Savings and temporary cash investments.........	49,897	130,641	130,641
	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).......	1,563,679	1,474,333	1,569,250
	c	Investments—corporate bonds (attach schedule).......	947,483	942,289	904,416
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	50,191		0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1,333	1,587	1,587
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,613,349	2,548,850	2,605,894
	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........	2,613,349	2,548,850
	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).....	2,613,349	2,548,850
	31	Total liabilities and net assets/fund balances (see instructions).	2,613,349	2,548,850

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

2,613,349

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

-60,015

Other increases not included in line 2 (itemize) bullet

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

2,553,334

Decreases not included in line 2 (itemize) bullet

4,484

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

2,548,850

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	193. CELGENE CORPORATION COM			2018-01-02
b	135. SKYWORKS SOLUTIONS INC COM		2015-06-26	2018-01-02
c	2. ADIDAS AG A D R		2015-06-26	2018-01-03
d	14. AUTOHOME INC			2018-01-03
e	12. CARNIVAL PLC A D R		2017-08-21	2018-01-03
	6. 51JOB INC A D R			2018-01-03
	39. FLY LEASING LTD A D R		2016-06-20	2018-01-03
	5. FRESENIUS MED AKTIENGESELLSCHAFT ADR		2016-12-01	2018-01-03
	96. LG DISPLAY CO LTD A D R			2018-01-03
	62. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-05-16	2018-01-03
	16. NOVARTIS AG SPONSORED ADR			2018-01-03
	159. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-16	2018-01-03
	13. WNS HOLDINGS LTD ADR			2018-01-03
	5. WNS HOLDINGS LTD ADR		2017-12-13	2018-01-03
	16. WNS HOLDINGS LTD ADR			2018-01-03
	6. YY INC A D R		2017-08-21	2018-01-03
	9. ADIDAS AG A D R		2015-06-26	2018-01-17
	7. DIAGEO SPONSORED ADR (UK-USD) SEDOL #2133896		2017-10-31	2018-01-17
	11. POSCO A D R		2016-08-05	2018-01-17
	38. SONY CORP AMERN SH NEW		2017-01-09	2018-01-17
	118. STMICROELECTRONICS N V SHS N Y REGISTRY			2018-01-17
	26. TATA MOTORS LTD A D R		2017-12-13	2018-01-17
	8. YY INC A D R		2017-08-21	2018-01-17
	9. ADIDAS AG A D R		2015-06-26	2018-01-29
	34. ARCELORMITTAL CLASS A N Y REGISTRY		2018-01-17	2018-01-29
	11. DIAGEO SPONSORED ADR (UK-USD) SEDOL #2133896			2018-01-29
	24. KONINKLIJKE PHILIPS NVR NY A D R		2017-12-13	2018-01-29
	10. NOVO-NORDISK A S SPONSORED ADR		2017-01-13	2018-01-29
	8. RELX NV SPON A D R		2016-06-20	2018-01-29
	32. SK TELECOM CO LTD A D R		2017-10-06	2018-01-29
	7. SMITH NEPHEW P L C A D R		2017-10-31	2018-01-29
	23. SONY CORP AMERN SH NEW			2018-01-29
	116. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-01-29
	94. WYNN RESORTS LTD		2016-06-20	2018-02-01
	6. APPLE COMPUTER INC		2017-02-09	2018-02-06
	16. BAXTER INTL INC		2016-06-20	2018-02-06
	2. BIOGEN, INC		2017-09-05	2018-02-06
	23. BOSTON SCIENTIFIC CORP COM		2015-12-15	2018-02-06
	20. COGNIZANT TECHNOLOGY SOLUTIONS CL A		2017-08-09	2018-02-06
	5. DANAHER CORP		2016-08-02	2018-02-06
	17. DOWDUPONT INC		2016-08-02	2018-02-06
	9. E TRADE FINANCIAL CORP		2015-06-26	2018-02-06
	23. FLIR SYSTEMS INC		2017-10-26	2018-02-06
	5. FACEBOOK INC A		2017-05-08	2018-02-06
	27. FORTIVE CORP WI		2016-08-08	2018-02-06
	6. HUNTSMAN CORP		2018-01-02	2018-02-06
	9. J P MORGAN CHASE & CO		2014-08-04	2018-02-06
	6. LINCOLN NATL CORP COM		2015-06-26	2018-02-06
	36. MASCO CORP COM		2016-06-20	2018-02-06
	6. MASTERCARD INC		2015-06-26	2018-02-06
	7. ON SEMICONDUCTOR CORP COM		2015-06-26	2018-02-06
	6. POST HOLDINGS INC		2015-10-13	2018-02-06
	10. RED HAT INC COM		2015-10-13	2018-02-06
	12. RESTAURANT BRANDS INTERN		2017-11-06	2018-02-06
	10. SUNTRUST BKS INC		2015-06-26	2018-02-06
	17. TERADYNE INC		2017-08-21	2018-02-06
	4. VMWARE INC CL A		2017-09-05	2018-02-06
	1. WYNN RESORTS LTD		2016-06-20	2018-02-06
	79. MARVELL TECHNOLOGY GRP LTD SHS		2016-11-21	2018-02-06
	7. PENTAIR PLC		2016-06-20	2018-02-06
	898. ON SEMICONDUCTOR CORP COM		2015-06-26	2018-02-12
	3. ADIDAS AG A D R		2015-06-26	2018-02-22
	42. BHP LTD SPONSORED ADR		2018-01-03	2018-02-22
	33. 51JOB INC A D R			2018-02-22
	82. ING GROEP N V SPONSORED ADR			2018-02-22
	26. KONINKLIJKE PHILIPS NVR NY A D R			2018-02-22
	62. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-02-22
	19. ROYAL DUTCH SHELL PLC A D R			2018-02-22
	30. SMITH NEPHEW P L C A D R			2018-02-22
	27. SONY CORP AMERN SH NEW		2017-01-09	2018-02-22
	56. UNILEVER N V COM			2018-02-22
	311.333 BARON EMERGING MARKETS INSTITUTIONAL		2015-06-26	2018-02-27
	54.705 ROWE T PRICE MID CAP GROWTH FD INC		2016-06-20	2018-02-27
	89. VMWARE INC CL A		2017-09-05	2018-03-05
	17. ABB LTD A D R			2018-03-06
	6. ADIDAS AG A D R		2015-06-26	2018-03-06
	12. 51JOB INC A D R		2017-06-07	2018-03-06
	4. FRESENIUS MED AKTIENGESELLSCHAFT ADR		2018-01-29	2018-03-06
	13. ING GROEP N V SPONSORED ADR		2017-06-19	2018-03-06
	48. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-03-06
	48. NOVARTIS AG SPONSORED ADR		2017-10-06	2018-03-06
	7. NOVO-NORDISK A S SPONSORED ADR		2017-02-06	2018-03-06
	4. NOVO-NORDISK A S SPONSORED ADR		2017-11-30	2018-03-06
	38. RELX NV SPON A D R		2016-06-20	2018-03-06
	72. SMITH NEPHEW P L C A D R			2018-03-06
	27. SONY CORP AMERN SH NEW			2018-03-06
	32. SONY CORP AMERN SH NEW		2017-01-09	2018-03-06
	332.594 AQR MANAGED FUTURES STR I		2015-12-15	2018-03-15
	173.611 ROBECO BOSTON PARTNERS L S RSRCH		2014-04-29	2018-03-15
	11. ABB LTD A D R		2017-11-30	2018-03-19
	133.00139 ARCELORMITTAL CLASS A N Y REGISTRY			2018-03-19
	74.99861 ARCELORMITTAL CLASS A N Y REGISTRY		2018-01-03	2018-03-19
	8. ING GROEP N V SPONSORED ADR		2017-06-19	2018-03-19
	36. KT CORP SP A D R		2016-06-20	2018-03-19
	38. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-03-19
	24. RELX NV SPON A D R		2016-06-20	2018-03-19
	13. SK TELECOM CO LTD A D R		2018-02-22	2018-03-19
	24. SMITH NEPHEW P L C A D R		2015-06-26	2018-03-19
	15. ABB LTD A D R		2017-11-30	2018-04-02
	143. ARCELORMITTAL CLASS A N Y REGISTRY			2018-04-02
	3.00079 ARGENX SE A D R		2018-03-06	2018-04-02
	.99921 ARGENX SE A D R		2018-03-06	2018-04-02
	16. ING GROEP N V SPONSORED ADR			2018-04-02
	111. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-04-02
	8. RELX NV SPON A D R		2016-06-20	2018-04-02
	38. SK TELECOM CO LTD A D R		2018-02-22	2018-04-02
	4. SMITH NEPHEW P L C A D R		2015-06-26	2018-04-02
	7. SONY CORP AMERN SH NEW		2018-03-19	2018-04-02
	11. SONY CORP AMERN SH NEW		2017-03-10	2018-04-02
	44. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-04-02
	8. WPP PLC SPONSORED A D R		2018-02-22	2018-04-02
	19. ABB LTD A D R			2018-04-11
	4. ARCELORMITTAL CLASS A N Y REGISTRY		2017-12-13	2018-04-11
	5. ARGENX SE A D R			2018-04-11
	37. ING GROEP N V SPONSORED ADR		2017-05-16	2018-04-11
	6. INTERCONTINENTAL HOTELS A D R		2018-01-29	2018-04-11
	326. LINCOLN NATL CORP COM			2018-04-11
	27. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-04-11
	14. RELX NV SPON A D R		2016-06-20	2018-04-11
	10. ARGENX SE A D R		2018-03-06	2018-04-23
	10. ING GROEP N V SPONSORED ADR		2017-05-16	2018-04-23
	17. INTERCONTINENTAL HOTELS A D R		2018-01-29	2018-04-23
	19. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-04-23
	96. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-05-16	2018-04-23
	8. RELX NV SPON A D R		2016-06-20	2018-04-23
	65. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-04-23
	464. TERADYNE INC		2017-08-21	2018-04-27
	1. ALPHABET INC CL C		2015-10-13	2018-05-04
	1. ALPHABET INC CL A		2015-06-26	2018-05-04
	14. BAXTER INTL INC		2016-06-20	2018-05-04
	1. BIOGEN, INC		2017-09-05	2018-05-04
	12. BOSTON SCIENTIFIC CORP COM		2015-12-15	2018-05-04
	5. BRISTOL MYERS SQUIBB CO		2018-02-12	2018-05-04
	2. COGNIZANT TECHNOLOGY SOLUTIONS CL A		2017-08-09	2018-05-04
	10. CONOCOPHILLIPS COM		2018-02-05	2018-05-04
	10. DANAHER CORP			2018-05-04
	6. DOWDUPONT INC		2016-08-02	2018-05-04
	4. E TRADE FINANCIAL CORP		2015-06-26	2018-05-04
	3. FACEBOOK INC A		2017-05-08	2018-05-04
	11. FORTIVE CORP WI		2016-08-08	2018-05-04
	10. HUNTSMAN CORP		2018-01-02	2018-05-04
	48. ING GROEP N V SPONSORED ADR		2017-05-16	2018-05-04
	26. INTERCONTINENTAL HOTELS A D R			2018-05-04
	9. J P MORGAN CHASE & CO		2014-08-04	2018-05-04
	10. MASCO CORP COM		2016-06-20	2018-05-04
	4. MASTERCARD INC		2015-06-26	2018-05-04
	11. NOVARTIS AG SPONSORED ADR		2017-10-06	2018-05-04
	23. ON SEMICONDUCTOR CORP COM		2015-06-26	2018-05-04
	15. POST HOLDINGS INC		2015-10-13	2018-05-04
	7. RED HAT INC COM		2015-10-13	2018-05-04
	9. RELX NV SPON A D R		2016-06-20	2018-05-04
	6. RESTAURANT BRANDS INTERN		2017-11-06	2018-05-04
	3. ROBERT HALF INTL INC		2018-05-02	2018-05-04
	11. SCHLUMBERGER LTD ISIN #AN8068571086		2015-06-26	2018-05-04
	33. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-05-04
	9. SUNTRUST BKS INC		2015-06-26	2018-05-04
	4. TARGET CORP		2018-02-06	2018-05-04
	1. WYNN RESORTS LTD		2016-06-20	2018-05-04
	36. YY INC A D R		2017-08-21	2018-05-04
	23. MARVELL TECHNOLOGY GRP LTD SHS		2016-11-21	2018-05-04
	136.054 NEUBERGER BERMAN LONG SH INS		2015-06-26	2018-05-15
	36.711 T ROWE PRICE REAL ESTATE FD		2016-06-20	2018-05-15
	260.417 SALIENT MLP ENERGY INFRASTRUCTURE I		2016-06-20	2018-05-15
	20. AIA GROUP LTD ADR		2017-03-23	2018-05-16
	27. ARCELORMITTAL CLASS A N Y REGISTRY		2017-12-13	2018-05-16
	12. AUTOHOME INC		2018-05-04	2018-05-16
	88. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-05-16
	1.00028 FRESENIUS MED AKTIENGESELLSCHAFT ADR		2018-01-17	2018-05-16
	4.99972 FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-05-16
	54. INFOSYS TECHNOLOGIES SP A D R		2018-03-06	2018-05-16
	55. NESTLE S A SPONSORED ADR REPSTG REG SH		2016-06-20	2018-05-16
	9. PANASONIC CORP A D R			2018-05-16
	41. PEARSON P L C A D R		2018-05-04	2018-05-16
	19. RELX NV SPON A D R		2016-06-20	2018-05-16
	15. SMITH NEPHEW P L C A D R		2017-10-06	2018-05-16
	57. SONY CORP AMERN SH NEW			2018-05-16
	128. SONY CORP AMERN SH NEW			2018-05-16
	136.147 NEUBERGER BERMAN LONG SH INS		2015-06-26	2018-05-21
	118.203 ROBECO BOSTON PARTNERS L S RSRCH		2014-04-29	2018-05-21
	85. RED HAT INC COM		2015-10-13	2018-05-24
	291. RESTAURANT BRANDS INTERN			2018-05-24
	5. ABB LTD A D R		2017-10-19	2018-05-30
	31. AIA GROUP LTD ADR		2017-03-23	2018-05-30
	44. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-05-30
	29. DANONE SPONS A D R		2016-06-20	2018-05-30
	152. ENERSIS SA SPONSORED ADR		2018-05-04	2018-05-30
	21. NESTLE S A SPONSORED ADR REPSTG REG SH		2016-06-20	2018-05-30
	108. PANASONIC CORP A D R			2018-05-30
	19. RELX NV SPON A D R		2016-06-20	2018-05-30
	16. SMITH NEPHEW P L C A D R		2015-06-26	2018-05-30
	74. SMITH NEPHEW P L C A D R			2018-05-30
	20. SUMITOMO MITSUI FINL GROUP A D R		2018-02-22	2018-05-30
	31. YY INC A D R			2018-05-30
	91. AIA GROUP LTD ADR			2018-06-12
	117. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-06-12
	12. INTERCONTINENTAL HOTELS A D R		2018-02-22	2018-06-12
	39. RELX NV SPON A D R		2016-06-20	2018-06-12
	191. SMITH NEPHEW P L C A D R			2018-06-12
	150. SCHLUMBERGER LTD ISIN #AN8068571086			2018-06-18
	6.99952 CARNIVAL PLC A D R		2018-04-23	2018-06-25
	5.00048 CARNIVAL PLC A D R		2018-04-23	2018-06-25
	105. DANONE SPONS A D R		2016-06-20	2018-06-25
	26. DAQO NEW ENERGY CORP			2018-06-25
	2. INTERCONTINENTAL HOTELS A D R		2018-02-22	2018-06-25
	13. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-05-30	2018-06-25
	19. NESTLE S A SPONSORED ADR REPSTG REG SH		2016-06-20	2018-06-25
	23. NOVO-NORDISK A S SPONSORED ADR			2018-06-25
	1. ORIX CORP SPONS A D R		2018-01-29	2018-06-25
	37. PEARSON P L C A D R		2018-06-12	2018-06-25
	3.00805 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-06-25
	50.99195 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-06-25
	64. BAYER A G SPONSORED ADR		1901-01-01	2018-07-02
	11. ABB LTD A D R			2018-07-09
	59. B H P BILLITON PLC SPSD A D R		2018-06-12	2018-07-09
	4. CANON INC ADR REPSTG 5 SHS		2018-06-25	2018-07-09
	55. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-07-09
	27. CARNIVAL PLC A D R			2018-07-09
	12. 58.COM INC A D R		2018-05-30	2018-07-09
	6. POSCO A D R			2018-07-09
	2. RELX NV SPON A D R		2016-06-20	2018-07-09
	106.146 ROWE T PRICE MID CAP GROWTH FD INC		2016-06-20	2018-07-16
	31. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-07-18
	6. INTERCONTINENTAL HOTELS A D R			2018-07-18
	31. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-07-18
	11. YY INC A D R		2018-07-09	2018-07-18
	155.168 ROWE T PRICE MID CAP GROWTH FD INC		2016-06-20	2018-07-19
	210. PENTAIR PLC		2016-06-20	2018-07-26
	11. AIA GROUP LTD ADR		2017-04-05	2018-07-31
	54. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-07-31
	16. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-07-31
	50. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-05-30	2018-07-31
	2. ORIX CORP SPONS A D R			2018-07-31
	1. POSCO A D R		2017-07-13	2018-07-31
	1. POSCO A D R		2017-10-31	2018-07-31
	98. RIO TINTO PLC SPONSORED ADR			2018-07-31
	21. ROYAL DUTCH SHELL PLC A D R			2018-07-31
	12.00152 SMITH NEPHEW P L C A D R		2017-11-01	2018-07-31
	23.99848 SMITH NEPHEW P L C A D R			2018-07-31
	5. SONY CORP AMERN SH NEW		2017-06-19	2018-07-31
	11. SONY CORP AMERN SH NEW		2017-09-13	2018-07-31
	5. APPLE COMPUTER INC		2017-02-09	2018-08-09
	3. BAXTER INTL INC		2016-06-20	2018-08-09
	4. BRISTOL MYERS SQUIBB CO		2018-02-12	2018-08-09
	6. COGNIZANT TECHNOLOGY SOLUTIONS CL A		2017-05-09	2018-08-09
	4. CONOCOPHILLIPS COM		2018-02-05	2018-08-09
	1. DANAHER CORP		2015-06-26	2018-08-09
	9. DOWDUPONT INC		2016-08-02	2018-08-09
	7. E TRADE FINANCIAL CORP		2015-06-26	2018-08-09
	8. FLIR SYSTEMS INC		2018-04-27	2018-08-09
	2. FACEBOOK INC A		2017-05-08	2018-08-09
	22. FIRST DATA CORP CLASS A		2018-05-04	2018-08-09
	2. FORTIVE CORP WI		2016-08-08	2018-08-09
	4. HUNTSMAN CORP		2018-01-02	2018-08-09
	6. MASCO CORP COM		2016-06-20	2018-08-09
	2. MASTERCARD INC		2015-06-26	2018-08-09
	14. ON SEMICONDUCTOR CORP COM		2015-06-26	2018-08-09
	3. RED HAT INC COM		2015-10-13	2018-08-09
	6. SUNTRUST BKS INC		2015-06-26	2018-08-09
	8. TARGET CORP		2018-06-11	2018-08-09
	9. V F CORPORATION COMMON STOCK		2018-02-06	2018-08-09
	2. WYNN RESORTS LTD		2016-06-20	2018-08-09
	30. MARVELL TECHNOLOGY GRP LTD SHS		2016-11-21	2018-08-09
	6. NVENT ELECTRIC PLC		2016-06-20	2018-08-09
	18. B H P BILLITON PLC SPSD A D R			2018-08-10
	8.9998 CRITEO SA SPON A D R			2018-08-10
	12.0002 CRITEO SA SPON A D R		2018-02-22	2018-08-10
	30. 58.COM INC A D R		2018-05-30	2018-08-10
	69. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-08-10
	16. POSCO A D R		2017-07-13	2018-08-10
	45. SMITH NEPHEW P L C A D R			2018-08-10
	18. B H P BILLITON PLC SPSD A D R		2018-05-30	2018-08-23
	144. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-08-23
	10. POSCO A D R			2018-08-23
	10. POSCO A D R			2018-08-23
	8. RELX NV SPON A D R		2016-06-20	2018-08-23
	39. SMITH NEPHEW P L C A D R			2018-08-23
	22. SMITH NEPHEW P L C A D R			2018-08-23
	309. DOWDUPONT INC			2018-09-05
	2. ABB LTD A D R		2017-11-16	2018-09-07
	24. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-06-12	2018-09-07
	104. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-09-07
	35. SMITH NEPHEW P L C A D R			2018-09-07
	15. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-09-07
	152.952 GLENMEDE SC EQUITY PORT ADV		2014-08-04	2018-09-17
	239.234 CONGRESS MID CAP GROWTH INS		2016-06-20	2018-09-17
	9. AIA GROUP LTD ADR		2017-04-05	2018-09-20
	47. B H P BILLITON PLC SPSD A D R		2018-05-30	2018-09-20
	64. BAYER A G SPONSORED ADR		2016-08-05	2018-09-20
	10. DR REDDYS LABORATORIES LTD A D R		2018-08-23	2018-09-20
	10. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-09-20
	2. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-09-20
	120. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-05-26	2018-09-20
	5. RELX PLC SPON A D R		2018-06-25	2018-09-20
	19. RELX PLC SPON A D R		2016-06-20	2018-09-20
	21. SMITH NEPHEW P L C A D R			2018-09-20
	37. AIA GROUP LTD ADR		2017-04-05	2018-10-05
	23. DR REDDYS LABORATORIES LTD A D R		2018-08-23	2018-10-05
	5. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-10-05
	236. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-10-05
	23. SMITH NEPHEW P L C A D R		2017-09-26	2018-10-05
	14. TALEND SA A D R		2018-08-10	2018-10-05
	57. AIA GROUP LTD ADR			2018-10-17
	16. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-10-17
	21. GLAXO SMITHKLINE P L C A D R			2018-10-17
	17. HONDA MOTOR LTD ADR COMMON 50YEN		2018-04-23	2018-10-17
	123. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-10-17
	59. RELX PLC SPON A D R		2016-06-20	2018-10-17
	12. SONY CORP AMERN SH NEW		2017-09-13	2018-10-17
	3. SONY CORP AMERN SH NEW		2018-09-20	2018-10-17
	14. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-10-17
	271.555 NEUBERGER BERMAN LONG SH INS		2015-06-26	2018-10-19
	42. ABB LTD A D R		2017-11-16	2018-10-30
	30. AIA GROUP LTD ADR		2017-04-21	2018-10-30
	2. ADIDAS AG A D R		2015-06-26	2018-10-30
	88. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-10-30
	100. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-10-30
	20. KONINKLIJKE PHILIPS NVR NY A D R			2018-10-30
	215. BAXTER INTL INC			2018-11-01
	1. SECURITY LITIGATION		1911-11-11	2018-11-08
	39. ABB LTD A D R		2017-06-30	2018-11-13
	39. ABB LTD A D R		2017-11-16	2018-11-13
	28. ARCELORMITTAL CLASS A N Y REGISTRY		2018-10-05	2018-11-13
	61. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-11-13
	22. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-11-13
	14. RELX PLC SPON A D R		2016-06-20	2018-11-13
	25. ROYAL DUTCH SHELL PLC A D R			2018-11-13
	64. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-11-13
	3051.882 LOOMIS SAYLES STRATEGIC ALPHA FUND Y			2018-11-15
	69. ABB LTD A D R			2018-11-29
	13. BP AMOCO P L C SPONSORED ADR		2018-07-31	2018-11-29
	67. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-11-29
	10. CHINA PETROLEUM CHEM A D R		2018-05-16	2018-11-29
	18. EQUINOR ASA SPON ADR			2018-11-29
	17. FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-11-29
	100. GLAXO SMITHKLINE P L C A D R			2018-11-29
	51. RELX PLC SPON A D R		2016-06-20	2018-11-29
	20.99951 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-11-29
	12.00049 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-11-29
	24. ABB LTD A D R		2016-06-20	2018-12-11
	19. BP AMOCO P L C SPONSORED ADR		2018-07-31	2018-12-11
	101. CANON INC ADR REPSTG 5 SHS		2016-06-20	2018-12-11
	28. CHINA PETROLEUM CHEM A D R			2018-12-11
	19. EQUINOR ASA SPON ADR			2018-12-11
	14. FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-12-11
	10. HONDA MOTOR LTD ADR COMMON 50YEN		2018-03-27	2018-12-11
	11. KONINKLIJKE PHILIPS NVR NY A D R		2018-08-26	2018-12-11
	2. ORIX CORP SPONS A D R		2018-01-29	2018-12-11
	63. RELX PLC SPON A D R		2016-06-20	2018-12-11
	6. SONY CORP AMERN SH NEW		2018-11-29	2018-12-11
	73. TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-12-11
	4365.317 AQR MANAGED FUTURES STR I			2018-12-26
	5836.184 SALIENT MLP ENERGY INFRASTRUCTURE I		2016-06-20	2018-12-26
	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	20,391	24,470	-4,079
b	13,043	14,437	-1,394
c	201	79	122
d	992	889	103
e	803	822	-19
	368	302	66
	500	433	67
	263	192	71
	1,378	1,526	-148
	1,742	1,417	325
	1,355	1,374	-19
	3,602	2,705	897
	512	381	131
	197	204	-7
	630	418	212
	722	458	264
	922	354	568
	1,013	961	52
	977	541	436
	1,869	1,101	768
	2,816	1,946	870
	859	813	46
	1,054	610	444
	1,024	354	670
	1,272	1,243	29
	1,562	1,477	85
	998	932	66
	573	420	153
	176	135	41
	882	790	92
	257	268	-11
	1,110	701	409
	2,788	1,908	880
	15,794	9,524	6,270
	965	790	175
	1,055	720	335
	655	627	28
	605	431	174
	1,467	1,412	55
	483	405	78
	1,202	902	300
	458	275	183
	1,104	1,101	3
	913	751	162
	1,926	1,366	560
	195	204	-9
	989	509	480
	463	365	98
	1,509	1,137	372
	996	566	430
	158	84	74
	441	362	79
	1,272	751	521
	689	792	-103
	668	440	228
	722	569	153
	461	425	36
	163	101	62
	1,693	1,175	518
	475	436	39
	18,862	10,821	8,041
	331	118	213
	1,995	2,001	-6
	2,283	1,554	729
	1,483	1,442	41
	1,005	1,008	-3
	1,730	1,020	710
	1,193	1,191	2
	1,070	1,146	-76
	1,347	782	565
	2,960	3,223	-263
	4,910	3,760	1,150
	4,952	4,089	863
	10,259	9,459	800
	414	440	-26
	646	236	410
	918	533	385
	207	228	-21
	232	225	7
	1,266	790	476
	3,914	4,114	-200
	356	294	62
	203	207	-4
	782	641	141
	2,629	2,673	-44
	1,357	1,096	261
	1,609	927	682
	2,997	3,592	-595
	2,998	2,531	467
	264	283	-19
	4,243	4,655	-412
	2,392	2,588	-196
	139	138	1
	482	506	-24
	1,034	625	409
	495	405	90
	319	323	-4
	907	831	76
	353	386	-33
	4,565	4,845	-280
	241	250	-9
	80	83	-3
	269	274	-5
	3,213	1,826	1,387
	165	135	30
	927	944	-17
	152	138	14
	337	340	-3
	529	349	180
	966	724	242
	632	758	-126
	433	488	-55
	129	127	2
	402	418	-16
	632	632
	363	404	-41
	22,322	18,682	3,640
	790	444	346
	301	236	65
	886	834	52
	175	171	4
	1,042	1,145	-103
	592	313	279
	2,993	2,195	798
	171	135	36
	1,401	1,069	332
	15,406	15,523	-117
	1,048	652	396
	1,050	554	496
	984	630	354
	272	313	-41
	354	225	129
	257	312	-55
	165	141	24
	669	577	92
	1,002	716	286
	388	318	70
	246	122	124
	528	450	78
	805	556	249
	296	341	-45
	792	820	-28
	1,651	1,724	-73
	977	509	468
	384	316	68
	754	377	377
	839	943	-104
	520	277	243
	1,181	906	275
	1,163	525	638
	190	152	38
	326	396	-70
	186	184	2
	758	954	-196
	752	543	209
	599	396	203
	284	286	-2
	193	101	92
	3,396	2,747	649
	488	342	146
	1,997	1,796	201
	981	1,052	-71
	1,992	1,811	181
	743	524	219
	967	861	106
	1,269	1,107	162
	3,011	2,570	441
	50	59	-9
	252	292	-40
	949	976	-27
	4,233	4,063	170
	130	140	-10
	502	495	7
	401	321	80
	536	548	-12
	2,720	1,843	877
	6,107	5,108	999
	2,004	1,797	207
	2,004	1,723	281
	13,916	6,380	7,536
	16,679	18,918	-2,239
	114	127	-13
	1,110	812	298
	1,490	1,285	205
	448	410	38
	1,497	1,664	-167
	1,603	1,551	52
	1,473	1,609	-136
	406	321	85
	580	554	26
	2,681	2,702	-21
	164	177	-13
	3,372	1,913	1,459
	3,318	2,376	942
	3,965	3,417	548
	794	778	16
	865	658	207
	6,993	6,682	311
	10,021	11,864	-1,843
	405	466	-61
	289	333	-44
	1,554	1,483	71
	872	1,022	-150
	127	130	-3
	372	415	-43
	1,438	1,404	34
	1,084	1,135	-51
	80	100	-20
	421	442	-21
	71	72	-1
	1,199	1,213	-14
	27		27
	239	279	-40
	2,654	2,755	-101
	127	133	-6
	1,741	1,607	134
	1,550	1,795	-245
	800	952	-152
	412	440	-28
	44	34	10
	9,952	7,934	2,018
	977	905	72
	391	385	6
	745	1,022	-277
	1,091	1,074	17
	14,729	11,599	3,130
	9,058	8,684	374
	385	284	101
	1,741	1,577	164
	997	1,019	-22
	1,265	1,596	-331
	163	204	-41
	74	69	5
	74	73	1
	5,455	5,737	-282
	1,443	1,442	1
	426	453	-27
	853	905	-52
	271	194	77
	597	438	159
	1,047	658	389
	216	135	81
	238	250	-12
	458	386	72
	287	231	56
	102	65	37
	624	477	147
	430	214	216
	476	435	41
	368	300	68
	543	414	129
	161	101	60
	131	136	-5
	234	190	44
	408	189	219
	307	169	138
	435	225	210
	436	264	172
	663	630	33
	861	713	148
	304	203	101
	653	446	207
	171	126	45
	778	832	-54
	243	304	-61
	323	370	-47
	1,958	2,380	-422
	1,579	2,179	-600
	1,143	1,098	45
	1,580	1,702	-122
	755	803	-48
	3,343	4,487	-1,144
	700	696	4
	700	550	150
	177	135	42
	1,401	1,390	11
	790	823	-33
	21,663	15,278	6,385
	46	51	-5
	500	747	-247
	2,169	2,336	-167
	1,277	1,234	43
	279	247	32
	4,953	3,929	1,024
	4,938	3,696	1,242
	301	232	69
	2,024	2,096	-72
	1,433	1,700	-267
	364	351	13
	396	416	-20
	124	127	-3
	2,629	2,657	-28
	101	106	-5
	385	321	64
	777	740	37
	1,203	956	247
	741	807	-66
	299	318	-19
	4,881	5,220	-339
	827	821	6
	938	815	123
	1,800	1,472	328
	508	467	41
	832	891	-59
	468	582	-114
	2,238	2,662	-424
	1,173	996	177
	695	478	217
	174	177	-3
	243	230	13
	3,997	3,585	412
	815	1,066	-251
	889	774	115
	230	79	151
	2,518	2,570	-52
	3,926	4,159	-233
	714	920	-206
	13,376	9,073	4,303
	14		14
	765	972	-207
	765	989	-224
	674	836	-162
	1,728	1,782	-54
	907	915	-8
	285	236	49
	1,534	1,675	-141
	887	1,052	-165
	30,000	30,194	-194
	1,405	1,646	-241
	530	584	-54
	1,902	1,957	-55
	852	1,028	-176
	423	493	-70
	705	973	-268
	4,109	4,050	59
	1,082	861	221
	461	500	-39
	263	286	-23
	461	505	-44
	752	854	-102
	2,781	2,950	-169
	2,304	2,678	-374
	437	557	-120
	496	745	-249
	270	373	-103
	400	586	-186
	155	199	-44
	1,283	1,063	220
	310	312	-2
	1,348	1,737	-389
	37,018	46,599	-9,581
	37,060	41,933	-4,873
			21,503

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			-4,079
b			-1,394
c			122
d			103
e			-19
			66
			67
			71
			-148
			325
			-19
			897
			131
			-7
			212
			264
			568
			52
			436
			768
			870
			46
			444
			670
			29
			85
			66
			153
			41
			92
			-11
			409
			880
			6,270
			175
			335
			28
			174
			55
			78
			300
			183
			3
			162
			560
			-9
			480
			98
			372
			430
			74
			79
			521
			-103
			228
			153
			36
			62
			518
			39
			8,041
			213
			-6
			729
			41
			-3
			710
			2
			-76
			565
			-263
			1,150
			863
			800
			-26
			410
			385
			-21
			7
			476
			-200
			62
			-4
			141
			-44
			261
			682
			-595
			467
			-19
			-412
			-196
			1
			-24
			409
			90
			-4
			76
			-33
			-280
			-9
			-3
			-5
			1,387
			30
			-17
			14
			-3
			180
			242
			-126
			-55
			2
			-16

			-41
			3,640
			346
			65
			52
			4
			-103
			279
			798
			36
			332
			-117
			396
			496
			354
			-41
			129
			-55
			24
			92
			286
			70
			124
			78
			249
			-45
			-28
			-73
			468
			68
			377
			-104
			243
			275
			638
			38
			-70
			2
			-196
			209
			203
			-2
			92
			649
			146
			201
			-71
			181
			219
			106
			162
			441
			-9
			-40
			-27
			170
			-10
			7
			80
			-12
			877
			999
			207
			281
			7,536
			-2,239
			-13
			298
			205
			38
			-167
			52
			-136
			85
			26
			-21
			-13
			1,459
			942
			548
			16
			207
			311
			-1,843
			-61
			-44
			71
			-150
			-3
			-43
			34
			-51
			-20
			-21
			-1
			-14
			27
			-40
			-101
			-6
			134
			-245
			-152
			-28
			10
			2,018
			72
			6
			-277
			17
			3,130
			374
			101
			164
			-22
			-331
			-41
			5
			1
			-282
			1
			-27
			-52
			77
			159
			389
			81
			-12
			72
			56
			37
			147
			216
			41
			68
			129
			60
			-5
			44
			219
			138
			210
			172
			33
			148
			101
			207
			45
			-54
			-61
			-47
			-422
			-600
			45
			-122
			-48
			-1,144
			4
			150
			42
			11
			-33
			6,385
			-5
			-247
			-167
			43
			32
			1,024
			1,242
			69
			-72
			-267
			13
			-20
			-3
			-28
			-5
			64
			37
			247
			-66
			-19
			-339
			6
			123
			328
			41
			-59
			-114
			-424
			177
			217
			-3
			13
			412
			-251
			115
			151
			-52
			-233
			-206
			4,303
			14
			-207
			-224
			-162
			-54
			-8
			49
			-141
			-165
			-194
			-241
			-54
			-55
			-176
			-70
			-268
			59
			221
			-39
			-23
			-44
			-102
			-169
			-374
			-120
			-249
			-103
			-186
			-44
			220
			-2
			-389
			-9,581
			-4,873

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	73,121
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	143,224	2,871,782	0.049873
2016	141,567	2,743,490	0.051601
2015	153,742	2,951,957	0.052081
2014	161,813	3,185,842	0.050791
2013	146,150	3,042,811	0.048031

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

0.252377

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 ......

0.050475

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

2,835,154

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

143,104

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

879

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

143,983

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

149,430

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	879
	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	879
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	879
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	296
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	296
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	583
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	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

US BANK Telephone no. bullet

(503) 464-3580

Located at bullet

555 SW OAKPORTLANDOR ZIP+4 bullet

97204

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
US BANK	TRUSTEE 1	50,697
PO BOX 3168 PORTLAND,OR97208	TRUSTEE 1	50,697

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

2,846,679

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

31,650

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

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

2,878,329

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

2,878,329

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

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

43,175

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

2,835,154

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

141,758

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

141,758

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

879

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

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

879

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

140,879

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

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

140,879

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

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

140,879

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 ..........

149,430

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

149,430

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

879

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

148,551

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					140,879
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......	5,115
b From 2014......	6,123
c From 2015......	6,942
d From 2016......	4,698
e From 2017......	223
fTotal of lines 3a through e........		23,101
4Qualifying distributions for 2018 from Part
XII, line 4: $ 149,430
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.....					140,879
e Remaining amount distributed out of corpus		8,551
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		31,652
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) ...		5,115
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		26,537
10 Analysis of line 9:
a Excess from 2014....	6,123
b Excess from 2015....	6,942
c Excess from 2016....	4,698
d Excess from 2017....	223
e Excess from 2018....	8,551

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CRAIG HOSPITAL FOUNDATION 3425 S CLARKSON STREET ENGLEWOOD,CO801132899	NONE	PC	GENERAL OPERATNG	14,286
SHRINERS HOSPITALS FOR CHILDREN PO BOX 31356 TAMPA,FL33631	NONE	PC	GENERAL OPERATING	57,144
FLORENCE CRITTENTON HOME 901 N HARRIS ST HELENA,MT596013000	NONE	PC	GENERAL OPERATING	7,143
MARGERY REED MAYO DAY NURSERY ATTN ACCOUNTING DEPARTMENT DENVER,CO80216	NONE	PC	GENERAL OPERATING	7,143
FLORENCE CRITTENTON SERVICES OF CO 55 SOUTH ZUNI STREET DENVER,CO802231208	NONE	PC	GENERAL OPERATING	7,143
COLORADO VISITING NURSE ASSOCIATION 6750 W 52ND AVENUE ARVADA,CO80002	NONE	PC	GENERAL OPERATING	14,286
LONGMONT PUBLIC LIBRARY 409 4TH AVENUE LONGMONT,CO80501	NONE	PC	GENERAL OPERATING	7,143
THE DENVER FOUNDATION 55 MADISON ST DENVER,CO80246	NONE	PC	GENERAL OPERATING	7,143
THE SALVATION ARMY 180 E OCEAN BLVD GSD 9TH FLOOR LONG BEACH,CA908024709	NONE	PC	GENERAL OPERATING	21,429
Total ................................. 3a				142,860

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	64,680
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	73,121
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)..				137,801

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

137,801

(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

Name of Bond	End of Year Book Value	End of Year Fair Market Value
258620103 DOUBLELINE TOTAL RET	187,515	180,583
68389XBL8 ORACLE CORP	50,451	47,982
084670BR8 BERKSHIRE HATHAWAY	51,760	49,084
31420B300 FEDERATED INST HI YL	139,636	133,969
69353REK0 PNC BANK NA	51,605	48,110
961214DA8 WESTPAC BANKING	49,887	48,403
63872T620 LOOMIS SAYLES STRATE	31,061	30,987
458140AM2 INTEL CORP	52,229	49,249
670690387 NUVEEN INFLATION PRO	96,268	94,625
822582BD3 SHELL INTERNATIONAL	51,605	49,302
637432MV4 NATIONAL RURAL	52,320	50,521
037833CU2 APPLE INC	50,874	48,782
826418BJ3 SIERRA PACIFIC POWER	52,078	49,960
72369L107 PIONEER ILS INTERVAL	25,000	22,859

Name of Stock	End of Year Book Value	End of Year Fair Market Value
693483109 POSCO A D R
378690606 GLENMEDE SC EQUITY P	65,828	54,758
779556109 ROWE T PRICE MID-CAP
861012102 STMICROELECTRONICS N
456463108 INDUSTRIAS BACHOCO S	8,249	6,804
358029106 FRESENIUS MED AKTIEN	5,686	4,049
74925K581 ROBECO BOSTON PARTNE	54,143	54,491
64128R608 NEUBERGER BERMAN LON	54,140	53,119
138006309 CANON INC SPONS A D	8,821	8,335
02079K107 ALPHABET INC CL C	13,569	23,819
101137107 BOSTON SCIENTIFIC CO	8,779	16,539
983134107 WYNN RESORTS LTD	8,511	8,308
654624105 NIPPON TELEGRAPH TEL	12,200	11,501
000375204 ABB LTD A D R	842	760
86562M209 SUMITOMO MITSUI FINL	15,500	13,222
23636T100 DANONE SPONS A D R	6,914	6,920
00687A107 ADIDAS AG A D R	3,071	8,139
018920637 ALLIANZGI EMERGING M	100,708	112,079
922908645 VANGUARD MID-CAP IND	50,493	58,690
66987V109 NOVARTIS AG A D R	17,552	18,020
686330101 ORIX CORP SPONS A D	9,325	8,872
585464100 MELCO CROWN ENTERTAI
46625H100 J P MORGAN CHASE CO	14,285	24,698
48268K101 KT CORP SP A D R	17,574	17,775
682189105 ON SEMICONDUCTOR COR	7,290	9,989
269246401 E TRADE FINANCIAL CO	10,597	15,226
83175M205 SMITH NEPHEW P L C	14,912	16,186
57636Q104 MASTERCARD INC	13,771	27,543
235851102 DANAHER CORP	14,578	22,996
75955B102 RELX NV SPON A D R
072730302 BAYER AG A D R
737446104 POST HOLDINGS INC	23,448	33,067
641069406 NESTLE SA SPONSORED	22,130	24,288
071813109 BAXTER INTERNATIONAL	9,410	16,587
534187109 LINCOLN NATL CORP IN
756577102 RED HAT INC COM	10,354	25,643
771195104 ROCHE HOLDINGS LTD S	17,763	16,472
02079K305 ALPHABET INC CL A	12,738	24,034
83088M102 SKYWORKS SOLUTIONS I
G7S00T104 PENTAIR PLC
779919109 T ROWE PRICE REAL ES	128,869	117,474
34959J108 FORTIVE CORP WI	16,229	23,681
05367G100 AVIANCA HOLDINGS A D	630	414
904784709 UNILEVER N V A D R
06828M876 BARON EMERGING MARKE	108,006	115,080
79471L602 SALIENT MLP ENERGY I
34407D109 FLY LEASING LTD A D	5,476	4,974
92932M101 WNS HOLDINGS LTD ADR	7,395	9,861
670100205 NOVO NORDISK AS A D	16,564	17,875
G5876H105 MARVELL TECHNOLOGY G	17,260	23,038
574599106 MASCO CORP	19,041	19,649
806857108 SCHLUMBERGER LTD
500467501 KONINKLIJKE AHOLD DE	10,211	11,858
74316J458 CONGRESS MID CAP GRO	55,866	62,917
60687Y109 MIZUHO FNL GRP A D R	8,981	8,664
62942M201 NTT DOCOMO INC A D R	15,546	13,728
867914103 SUNTRUST BKS INC	13,985	16,191
001317205 AIA GROUP LTD ADR
04623U102 ASTELLAS PHARMA INC	4,839	4,803
192446102 COGNIZANT TECHNOLOGY	20,054	19,171
03938L203 ARCELORMITTAL CLASS
500472303 KONINKLIJKE PHILIPS	11,189	9,058
876568502 TATA MOTORS LTD A D
006754204 ADECCO SA A D R	911	564
26078J100 DOWDUPONT INC
316827104 51JOB INC A D R
918204108 V F CORP	13,768	12,556
835699307 SONY CORP A D R	5,891	7,435
31188H101 FAST RETAILING CO UN	1,243	1,580
037833100 APPLE INC	16,583	19,875
880770102 TERADYNE INC
302445101 FLIR SYSTEMS INC	22,630	19,201
30303M102 FACEBOOK INC A	17,563	15,338
78440P108 SK TELECOM CO LTD A
14365C103 CARNIVAL PLC A D R	1,015	828
50186V102 LG DISPLAY CO LTD A
25243Q205 DIAGEO PLC SPONSORED
23304Y100 DBS GROUP HLDGS LTD	4,472	4,672
71646E100 PETRO CHINA COMPANY	4,944	4,185
85771P102 STATOIL ASA A D R
05278C107 AUTOHOME INC
928563402 VMWARE INC CL A
780259206 ROYAL DUTCH SHELL PL
151020104 CELGENE CORPORATION
76131D103 RESTAURANT BRANDS IN
09062X103 BIOGEN, INC	14,413	13,842
456837103 I N G GROEP NV SPONS
23703Q203 DAQO NEW ENERGY CORP
126132109 CNOOC LTD A D R	13,258	13,263
98426T106 YY INC A D R
20441A102 CIA SANEAMENTO BASIC	1,400	1,525
45857P707 INTERCONTINENTAL HOT	6,016	5,568
606822104 MITSUBISHI UFJ FINL	4,441	3,842
20825C104 CONOCOPHILLIPS	16,975	18,331
110122108 BRISTOL MYERS SQUIBB	18,304	15,230
87612E106 TARGET CORP	23,684	21,347
088606108 B H P BILLITON LIMIT	9,594	9,417
007924103 AEGON N V NY REG SHR	9,639	6,519
32008D106 FIRST DATA CORP CLAS	24,723	20,360
45262P102 IMPERIAL BRANDS PLC	1,206	1,068
204429104 CIA CERVECERIAS UNID	758	754
29446M102 EQUINOR ASA SPON ADR	8,846	8,108
969904101 WILLIAMS SONOMA INC	17,188	13,369
447011107 HUNTSMAN CORP	16,662	9,433
80105N105 SANOFI A D R	768	738
29274F104 ENERSIS SA SPONSORED	928	946
G6700G107 NVENT ELECTRIC PLC	13,560	12,241
06738E204 BARCLAYS PLC A D R	1,731	1,493
705015105 PEARSON P L C A D R	8,341	8,680
16941R108 CHINA PETROLEUM CHEM	2,155	1,694
226718104 CRITEO SA SPON A D R	6,914	5,816
438128308 HONDA MOTOR CO LTD A	2,807	2,248
770323103 ROBERT HALF INTL INC	16,688	15,558
40416M105 HD SUPPLY HOLDINGS I	17,851	15,121
759530108 RELX PLC SPON A D R	1,705	2,073
911271302 UNITED OVERSEAS BK L	1,667	1,409
881624209 TEVA PHARMACEUTICAL	3,866	2,776
31502A204 FERGUSON PLC ADR	4,103	3,994
653656108 NICE LTD A D R	21,800	24,888

Category	Amount	Net Investment Income
FOREIGN TAXES	1,884	1,884
FEDERAL TAX PAYMENT - PRIOR YE	138	0
FEDERAL ESTIMATES - PRINCIPAL	296	0
FOREIGN TAXES ON NONQUALIFIED	137	137

Description	Amount
PY ROC ADJUSTMENT	4,402
COST BASIS ADJUSTMENT	82