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
IRENE W CRAMER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

25-6903624
B Telephone number (see instructions)

(412) 768-5892
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$1,210,298J 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... 33,588 33,588  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 46,752
b Gross sales price for all assets on line 6a 504,021
7 Capital gain net income (from Part IV, line 2)... 46,752
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 38 570  
12 Total. Add lines 1 through 11........ 80,378 80,910  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,050 12,040   3,010
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,659 365   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,709 12,405 0 3,010
25 Contributions, gifts, grants paid....... 53,475 53,475
26 Total expenses and disbursements. Add lines 24 and 25 70,184 12,405 0 56,485
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,194
b Net investment income (if negative, enter -0-) 68,505
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 113,352 91,010 91,010
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)....... 395,439 373,684 456,338
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 625,946 Click to see attachment682,911 662,950
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 2,673    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,137,410 1,147,605 1,210,298
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........ 1,132,552 1,143,761
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,858 3,844
30 Total net assets or fund balances (see instructions)..... 1,137,410 1,147,605
31 Total liabilities and net assets/fund balances (see instructions). 1,137,410 1,147,605
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
1,137,410
2
Enter amount from Part I, line 27a .....................
2
10,194
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11
4
Add lines 1, 2, and 3 ..........................
4
1,147,615
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,147,605
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 10. AGILENT TECHNOLOGIES (IPO)   2017-08-18 2018-01-04
b 1. AGILENT TECHNOLOGIES (IPO)   2017-04-24 2018-01-04
c 3. AGILENT TECHNOLOGIES (IPO)   2017-04-24 2018-01-04
d 4. THERMO ELECTRON CORP COM   2015-08-20 2018-01-04
e 9. WYNDHAM WORLDWIDE CORP   2013-03-19 2018-01-04
1. PRUDENTIAL FINANCIAL XXX-XX-XXXX   2001-01-01 2018-01-05
18. WYNDHAM WORLDWIDE CORP   2013-03-18 2018-01-05
37. DTE ENERGY CO   2016-08-16 2018-01-17
17. GENERAL DYNAMICS CORP   2013-08-02 2018-01-19
7. TRANSCANADA CORP (HOLDING CO)   2017-06-06 2018-01-19
9. TRANSCANADA CORP (HOLDING CO)   2017-06-05 2018-01-19
4. TRANSCANADA CORP (HOLDING CO)   2017-06-05 2018-01-22
23. TRANSCANADA CORP (HOLDING CO)   2017-06-02 2018-01-22
35. CBS CORP CLASS B WI   2016-08-05 2018-02-02
4. HOME DEPOT INC COM   2012-01-09 2018-02-02
2. MOHAWK INDS INC   2017-08-18 2018-02-02
1. MOHAWK INDS INC   2017-03-13 2018-02-02
5. J P MORGAN CHASE & CO COM   2010-08-31 2018-02-07
29. J P MORGAN CHASE & CO COM   2010-08-31 2018-02-07
29. PEPSICO INC COM   2016-06-02 2018-02-23
42. PROLOGIS INC   2017-07-24 2018-02-23
25. PROLOGIS INC   2016-10-24 2018-02-23
22. PROLOGIS INC   2017-06-02 2018-02-23
37. WELLTOWER INC   2014-12-10 2018-02-23
3. WELLTOWER INC   2017-09-28 2018-02-23
7. WELLTOWER INC   2017-09-28 2018-02-23
14. PROLOGIS INC   2017-07-24 2018-02-26
15. PROLOGIS INC   2016-10-21 2018-02-26
6. SHERWIN-WILLIAMS CO   2017-06-19 2018-03-02
14. STANLEY BLACK & DECKER INC   2017-11-03 2018-03-09
41. MAGELLAN MIDSTREAM PARTNERS LP   2016-01-14 2018-03-13
13. VALERO ENERGY CORP NEW COM   2016-11-14 2018-03-13
4. GENERAL MILLS INC COM   2016-07-14 2018-03-23
50. GENERAL MILLS INC COM   2016-07-14 2018-03-23
12. WYNDHAM WORLDWIDE CORP   2011-10-28 2018-03-23
10. MOHAWK INDS INC   2016-08-05 2018-04-05
13. AETNA INC NEW   2013-05-30 2018-04-26
7. ILLINOIS TOOL WORKS INC COM   2016-02-17 2018-04-26
14. ILLINOIS TOOL WORKS INC COM   2016-02-16 2018-04-27
98. ISHARES MSCI EAFE SMALL-CAP ETF   2017-11-30 2018-04-30
78. SPDR S&P INTERNATIONAL SMALL CAP   2017-11-30 2018-04-30
36. ALTRIA GROUP INC   2013-05-13 2018-05-04
29. COMCAST CORPORATION CL A   2011-10-12 2018-05-04
7. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-10 2018-05-04
34. UNUMPROVIDENT CORP COM   2017-11-13 2018-05-11
43. VALERO ENERGY CORP NEW COM   2016-11-14 2018-05-11
30. UNUMPROVIDENT CORP COM   2017-11-13 2018-05-14
6. BERRY GLOBAL GROUP INC   2016-08-25 2018-05-15
29. BERRY GLOBAL GROUP INC   2016-08-25 2018-05-15
16. HONEYWELL INTL INC   2015-02-02 2018-05-15
1. HONEYWELL INTL INC   2015-02-02 2018-05-15
7. BERRY GLOBAL GROUP INC   2016-10-14 2018-05-16
9. BERRY GLOBAL GROUP INC   2016-08-24 2018-05-16
4. BERRY GLOBAL GROUP INC   2016-08-24 2018-05-16
1. BERRY GLOBAL GROUP INC   2016-08-24 2018-05-17
1. BERRY GLOBAL GROUP INC   2016-08-24 2018-05-17
37. ANALOG DEVICES INC   2017-06-14 2018-05-23
29. PRICE T ROWE GROUP INC COM   2016-05-18 2018-05-24
17. ROYAL DUTCH SHELL PLC ADR A   2017-11-02 2018-05-24
200. ISHARES MSCI EMERGING MKTS INDEX FUND   2017-11-30 2018-05-31
6. SECTOR SPDR TR SBI INT-TECH   2017-11-30 2018-05-31
4. SECTOR SPDR TR SBI INT-TECH   2017-04-28 2018-05-31
32. FIRST AMERICAN FINANCIAL W/I   2017-12-19 2018-06-04
18. FIRST AMERICAN FINANCIAL W/I   2017-12-19 2018-06-05
34. FIRST AMERICAN FINANCIAL W/I   2017-12-19 2018-06-05
32. WYNDHAM WORLDWIDE CORP   2011-10-28 2018-06-11
52. HALLIBURTON CO   2017-01-27 2018-06-13
5. SMUCKER J M CO COM NEW   2018-02-27 2018-06-13
6. SMUCKER J M CO COM NEW   2018-02-26 2018-06-14
6. AGILENT TECHNOLOGIES (IPO)   2017-04-24 2018-06-15
27. AGILENT TECHNOLOGIES (IPO)   2017-04-21 2018-06-15
15. SMUCKER J M CO COM NEW   2018-02-23 2018-06-15
27. LAMAR ADVERTISING CO-A   2016-01-22 2018-06-18
22. LAMAR ADVERTISING CO-A   2016-01-25 2018-06-19
1. L3 COMMUNICATIONS XXX-XX-XXXX   2001-01-01 2018-06-27
7. CUMMINS INC   2017-05-24 2018-06-28
14. CUMMINS INC   2017-05-24 2018-06-28
24. 3M COMPANY COM   2015-03-13 2018-06-28
335. AMEX FINANCIAL SELECT SPDR   2018-04-30 2018-06-29
11. CONSTELLATION BRANDS INC CL A   2014-05-16 2018-07-02
8. CUMMINS INC   2017-02-21 2018-07-02
5. CUMMINS INC   2017-02-17 2018-07-03
12. CONSTELLATION BRANDS INC CL A   2014-05-15 2018-07-13
3. GENERAL DYNAMICS CORP   2015-05-27 2018-07-13
2. GENERAL DYNAMICS CORP   2015-05-27 2018-07-13
6. THERMO ELECTRON CORP COM   2015-08-20 2018-07-13
8. GENERAL DYNAMICS CORP   2015-05-27 2018-07-16
5. THERMO ELECTRON CORP COM   2015-08-20 2018-07-16
6. PARKER HANNIFIN CORP   2017-04-07 2018-07-27
9. STATE STR CORP COM   2016-09-08 2018-07-27
28. STATE STR CORP COM   2016-09-07 2018-07-27
2. STATE STR CORP COM   2016-09-09 2018-07-27
12. TYSON FDS INC COM   2017-09-29 2018-07-27
2. TYSON FDS INC COM   2017-09-29 2018-07-27
10. PARKER HANNIFIN CORP   2017-04-07 2018-07-30
12. TYSON FDS INC COM   2016-03-11 2018-07-30
14. TYSON FDS INC COM   2016-03-11 2018-07-30
126. SECTOR SPDR TR SBI INT-ENERGY   2018-05-31 2018-07-31
24. ILLINOIS TOOL WORKS INC COM   2017-01-30 2018-08-13
17. JOHNSON & JOHNSON COM   2010-03-02 2018-08-16
12. LAUDER ESTEE COS INC CL A   2017-09-01 2018-08-16
6. LAUDER ESTEE COS INC CL A   2017-09-01 2018-08-16
15. FACEBOOK INC   2016-03-02 2018-08-17
1. LAUDER ESTEE COS INC CL A   2017-09-01 2018-08-17
11. LAUDER ESTEE COS INC CL A   2017-09-01 2018-08-17
4. ROYAL DUTCH SHELL PLC ADR A   2017-10-23 2018-08-23
1. ROYAL DUTCH SHELL PLC ADR A   2017-10-23 2018-08-24
16. ROYAL DUTCH SHELL PLC ADR A   2017-10-20 2018-08-24
15. ROYAL DUTCH SHELL PLC ADR A   2017-10-20 2018-08-27
34. AT&T INC   2017-09-28 2018-08-30
13. ABBOTT LABORATORIES INC   2016-06-07 2018-08-30
9. ABBVIE INC   2017-06-20 2018-08-30
4. AIR PRODUCTS & CHEMICALS INC   2016-03-31 2018-08-30
24. ALTRIA GROUP INC   2015-01-13 2018-08-30
10. AMERICAN ELECTRIC POWER INC   2015-12-17 2018-08-30
11. AMERICAN WATER WORKS CO INC   2015-12-17 2018-08-30
6. AMERIPRISE FINANCIAL INC   2017-03-31 2018-08-30
7. AMGEN INC   2013-12-23 2018-08-30
4. APPLE INC   2013-07-10 2018-08-30
16. BB&T CORP   2018-02-23 2018-08-30
67. BANK OF AMERICA CORP   2017-08-22 2018-08-30
2. BOEING CO   2017-12-19 2018-08-30
3. BROADCOM INC   2017-12-11 2018-08-30
23. CARNIVAL CORP SEDOL 2523044   2016-05-10 2018-08-30
4. CATERPILLAR INC   2018-01-19 2018-08-30
6. CELANESE CORP   2018-06-28 2018-08-30
6. CHEVRON CORPORATION   2018-06-28 2018-08-30
55. CISCO SYS INC COM   2013-04-15 2018-08-30
14. CONOCOPHILLIPS   2018-05-11 2018-08-30
8. CULLEN FROST BANKERS INC   2017-05-24 2018-08-30
19. DOWDUPONT INC   2015-05-06 2018-08-30
3. ESSEX PPTY TR INC REIT   2018-02-23 2018-08-30
10. EXTRA SPACE STORAGE INC   2014-11-18 2018-08-30
7. HOME DEPOT INC COM   2010-08-31 2018-08-30
9. HONEYWELL INTL INC   2015-01-13 2018-08-30
94. HUNTINGTON BANCSHARES INC   2014-07-24 2018-08-30
17. INTEL CORP   2010-03-02 2018-08-30
24. J P MORGAN CHASE & CO COM   2010-08-31 2018-08-30
17. JOHNSON & JOHNSON COM   2015-05-18 2018-08-30
12. KIMBERLY-CLARK CORP COM   2017-02-22 2018-08-30
14. KOHLS CORP COM   2018-05-24 2018-08-30
3. LOCKHEED MARTIN CORP   2014-10-14 2018-08-30
6. MCDONALDS CORP COM   2018-05-24 2018-08-30
23. MERCK & CO INC   2016-08-17 2018-08-30
18. MORGAN STANLEY   2016-10-03 2018-08-30
7. NEXTERA ENERGY INC   2010-08-31 2018-08-30
10. OCCIDENTAL PETE CORP COM   2018-01-17 2018-08-30
9. OMNICOM GROUP INC   2017-06-27 2018-08-30
10. PAYCHEX INC COM   2015-12-02 2018-08-30
12. PEPSICO INC COM   2017-07-24 2018-08-30
45. PFIZER INC COM   2017-11-13 2018-08-30
12. PRICE T ROWE GROUP INC COM   2016-05-18 2018-08-30
25. PRINCIPAL FINANCIAL GROUP COM   2014-10-30 2018-08-30
16. PRUDENTIAL FINANCIAL INC COM   2016-11-28 2018-08-30
24. ROYAL DUTCH SHELL PLC ADR A   2017-11-02 2018-08-30
4. SIMON PROPERTY GROUP INC   2018-06-18 2018-08-30
22. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2018-03-13 2018-08-30
7. SUNTRUST BANKS INC COM   2016-07-26 2018-08-30
20. SUNTRUST BANKS INC COM   2017-12-19 2018-08-30
16. SYNOVUS FINANCIAL CORP   2018-06-05 2018-08-30
12. TEXAS INSTRS INC COM   2015-04-17 2018-08-30
27. TOTAL FINA S A   2015-08-07 2018-08-30
32. TRANSCANADA CORP (HOLDING CO)   2017-01-30 2018-08-30
23. US BANCORP DEL COM NEW   2010-03-02 2018-08-30
6. UNITED TECHNOLOGIES CORP COM   2010-03-02 2018-08-30
13. VERIZON COMMUNICATIONS COM   2010-03-02 2018-08-30
8. WASTE MANAGEMENT INC   2018-08-13 2018-08-30
15. WELLS FARGO & CO NEW COM   2010-08-31 2018-08-30
11. WYNDHAM HOTELS & RESORTS I   2018-06-11 2018-08-30
20. XCEL ENERGY INC COM   2015-03-13 2018-08-30
7. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3   2018-05-11 2018-08-30
137. SECTOR SPDR TR SBI INT-TECH   2017-04-28 2018-08-31
13. LAM RESEARCH CORP   2015-06-02 2018-09-14
10. MARRIOTT INTERNATIONAL INC CL A   2018-01-04 2018-09-14
1. MARRIOTT INTERNATIONAL INC CL A   2018-01-04 2018-09-14
15. STRYKER CORP   2017-03-13 2018-09-14
11. MARRIOTT INTERNATIONAL INC CL A   2018-01-04 2018-09-17
14. WYNDHAM HOTELS & RESORTS I   2018-06-11 2018-09-17
32. WYNDHAM HOTELS & RESORTS I   2011-10-28 2018-09-17
99. ISHARES TR S&P SMLCAP 600   2018-06-29 2018-09-26
79. SECTOR SPDR TR SBI CYCL TRANS   2018-07-31 2018-09-26
125. SECTOR SPDR TR SBI INT-ENERGY   2018-08-31 2018-09-26
11. ISHARES TR S&P SMLCAP 600   2018-06-29 2018-09-28
8. SECTOR SPDR TR SBI CYCL TRANS   2018-07-31 2018-09-28
12. SECTOR SPDR TR SBI INT-ENERGY   2018-08-31 2018-09-28
1. AMERICAN INTERNATIONAL GROUP INC   2001-01-01 2018-10-02
3. GARRETT MOTION INC-WI   2015-01-13 2018-10-05
3. BORG WARNER INC.   2017-09-29 2018-10-11
3. BORG WARNER INC.   2017-09-29 2018-10-11
12. BORG WARNER INC.   2017-09-29 2018-10-11
.8 GARRETT MOTION INC-WI   2015-01-13 2018-10-11
6. US FOODS HOLDING CORP   2018-06-19 2018-10-11
58. US FOODS HOLDING CORP   2018-06-13 2018-10-11
18. BORG WARNER INC.   2017-08-21 2018-10-12
15. BORG WARNER INC.   2017-08-18 2018-10-15
2. BORG WARNER INC.   2017-08-18 2018-10-15
2. JOHNSON & JOHNSON COM   2014-02-20 2018-10-15
21. JOHNSON & JOHNSON COM   2010-03-02 2018-10-15
9. BORG WARNER INC.   2017-08-18 2018-10-16
4. BORG WARNER INC.   2017-08-18 2018-10-16
14240.23 PNC BOND FUND CLASS I   2016-09-28 2018-10-19
319.306 DREYFUS INTERNATIONAL STOCK FUND CL I 6157   2018-09-17 2018-10-24
1. APPLIED MATERIALS INC   2016-07-13 2018-10-25
45. APPLIED MATERIALS INC   2016-07-13 2018-10-25
42. DOWDUPONT INC   2015-04-28 2018-10-25
5. DOWDUPONT INC   2015-04-28 2018-10-25
1. APPLIED MATERIALS INC   2016-07-13 2018-10-26
73. DOWDUPONT INC   2015-05-06 2018-10-26
3. DOWDUPONT INC   2015-05-06 2018-10-26
1. DOWDUPONT INC   2015-04-29 2018-10-26
.333 RESIDEO TECHNOLOGIES INC-W/I   2015-01-13 2018-11-01
72. FIRST DATA CORP- CLASS A   2018-08-17 2018-11-02
2. TEXAS INSTRS INC COM   2015-11-11 2018-11-02
40. TEXAS INSTRS INC COM   2015-11-11 2018-11-02
12. FIRST DATA CORP- CLASS A   2018-08-17 2018-11-05
1. FIRST DATA CORP- CLASS A   2018-08-17 2018-11-05
10. FIRST DATA CORP- CLASS A   2018-08-17 2018-11-06
2. FIRST DATA CORP- CLASS A   2018-08-17 2018-11-06
6. RESIDEO TECHNOLOGIES INC-W/I   2015-01-13 2018-11-06
8. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-11-08
8. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-11-09
2. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-11-09
2. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-11-12
10. FEDEX CORPORATION   2018-05-15 2018-11-16
1. AT&T INC   2018-02-23 2018-11-19
138. AT&T INC   2010-03-02 2018-11-19
60. WELLS FARGO & CO NEW COM   2010-08-31 2018-11-19
2. WELLS FARGO & CO NEW COM   2010-08-31 2018-11-19
1. NU SKIN ENTERPRISES 67018T105   2001-01-01 2018-11-23
73. PRINCIPAL FINANCIAL GROUP COM   2014-10-30 2018-12-10
4. PRINCIPAL FINANCIAL GROUP COM   2015-02-03 2018-12-10
12. PRUDENTIAL FINANCIAL INC COM   2016-11-28 2018-12-10
22. UNITED TECHNOLOGIES CORP COM   2010-03-02 2018-12-10
24. PRINCIPAL FINANCIAL GROUP COM   2016-08-16 2018-12-11
34. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2018-08-24 2018-12-13
23. UNITED TECHNOLOGIES CORP COM   2018-07-13 2018-12-13
23. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2018-08-23 2018-12-14
20. JOHNSON & JOHNSON COM   2010-03-02 2018-12-18
18. KIMBERLY-CLARK CORP COM   2017-02-22 2018-12-18
7. ALTRIA GROUP INC   2015-01-13 2018-12-27
45. ALTRIA GROUP INC   2015-01-13 2018-12-27
87.072 BLACKROCK LOW DURATION BOND PORTFOLIO CL INSTL   2018-09-19 2018-12-27
80.572 PAYDEN LOW DURATION BOND FUND CL R   2018-09-17 2018-12-27
3. SCHWAB US REIT ETF   2018-09-17 2018-12-27
29.103 TOUCHSTONE SANDS EM GR-INST FUND 565   2018-09-17 2018-12-27
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 690   615 75
b 69   54 15
c 208   163 45
d 796   532 264
e 1,044   642 402
10   10  
2,031   1,125 906
3,851   3,470 381
3,540   1,484 2,056
336   331 5
432   426 6
192   188 4
1,103   1,081 22
1,958   1,823 135
781   415 366
543   497 46
271   230 41
564   182 382
3,286   1,055 2,231
3,175   3,004 171
2,571   2,525 46
1,531   1,322 209
1,347   1,251 96
2,000   2,814 -814
162   211 -49
375   493 -118
856   841 15
918   786 132
2,350   2,138 212
2,238   2,299 -61
2,637   2,684 -47
1,220   814 406
181   288 -107
2,237   3,605 -1,368
1,377   419 958
2,395   2,166 229
2,327   801 1,526
1,007   665 342
1,993   1,320 673
6,446   6,253 193
2,781   2,843 -62
2,029   1,331 698
924   623 301
750   687 63
1,292   1,800 -508
4,925   2,692 2,233
1,140   1,588 -448
287   272 15
1,380   1,310 70
2,355   1,571 784
147   98 49
334   312 22
430   396 34
191   173 18
48   43 5
47   43 4
3,494   3,034 460
3,509   2,191 1,318
1,185   1,085 100
9,121   9,269 -148
420   381 39
280   218 62
1,656   1,839 -183
932   1,027 -95
1,753   1,940 -187
1,558   484 1,074
2,488   3,001 -513
524   641 -117
624   763 -139
394   326 68
1,780   1,433 347
1,572   1,873 -301
1,890   1,495 395
1,523   1,217 306
101   25 76
929   1,085 -156
1,859   2,170 -311
4,696   3,873 823
9,011   9,312 -301
2,364   904 1,460
1,057   1,234 -177
660   762 -102
2,589   958 1,631
579   421 158
387   281 106
1,268   798 470
1,533   1,124 409
1,048   665 383
988   967 21
784   635 149
2,437   1,973 464
174   141 33
766   847 -81
128   141 -13
1,648   1,611 37
702   810 -108
829   945 -116
9,729   9,619 110
3,274   3,082 192
2,248   1,080 1,168
1,603   1,294 309
803   647 156
2,598   1,769 829
135   108 27
1,487   1,186 301
259   245 14
66   61 5
1,052   980 72
990   916 74
1,086   1,286 -200
871   510 361
870   645 225
665   535 130
1,407   1,229 178
718   576 142
963   655 308
853   781 72
1,402   850 552
901   241 660
825   880 -55
2,077   1,599 478
693   593 100
649   783 -134
1,413   1,146 267
556   675 -119
701   663 38
720   754 -34
2,592   1,169 1,423
1,031   973 58
895   752 143
1,333   988 345
735   679 56
917   581 336
1,396   196 1,200
1,435   885 550
1,530   938 592
820   354 466
2,769   832 1,937
2,293   1,765 528
1,368   1,622 -254
1,094   894 200
964   530 434
977   970 7
1,573   1,439 134
889   573 316
1,196   376 820
801   758 43
619   749 -130
728   541 187
1,341   1,397 -56
1,866   1,588 278
1,385   892 493
1,382   1,294 88
1,574   1,639 -65
1,591   1,532 59
725   659 66
920   718 202
513   297 216
1,466   1,320 146
794   892 -98
1,355   690 665
1,718   1,355 363
1,387   1,513 -126
1,243   564 679
794   420 374
711   512 199
724   720 4
880   354 526
626   683 -57
965   676 289
794   789 5
10,349   7,451 2,898
1,990   1,031 959
1,306   1,362 -56
130   136 -6
2,562   1,970 592
1,428   1,498 -70
778   869 -91
1,779   634 1,145
8,643   8,326 317
9,263   8,789 474
9,546   9,300 246
960   925 35
939   890 49
916   893 23
19     19
48   31 17
117   155 -38
116   154 -38
457   610 -153
12   8 4
175   227 -52
1,645   2,161 -516
680   816 -136
571   667 -96
76   89 -13
268   185 83
2,826   1,689 1,137
343   400 -57
153   178 -25
139,806   151,034 -11,228
5,441   6,070 -629
33   26 7
1,468   1,165 303
2,225   2,191 34
267   258 9
32   26 6
3,809   3,735 74
156   153 3
52   52  
7   6 1
1,348   1,812 -464
190   116 74
3,797   2,283 1,514
221   296 -75
18   25 -7
187   247 -60
37   49 -12
142   106 36
867   785 82
861   779 82
216   195 21
213   194 19
2,265   2,473 -208
30   36 -6
4,187   3,596 591
3,185   1,415 1,770
107   47 60
26   25 1
3,141   3,689 -548
173   190 -17
998   1,200 -202
2,612   1,477 1,135
1,021   1,130 -109
1,043   1,419 -376
2,745   2,979 -234
684   949 -265
2,616   1,236 1,380
2,049   2,433 -384
334   358 -24
2,160   2,304 -144
822   825 -3
798   801 -3
112   129 -17
329   352 -23
      7,425
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       75
b       15
c       45
d       264
e       402
       
      906
      381
      2,056
      5
      6
      4
      22
      135
      366
      46
      41
      382
      2,231
      171
      46
      209
      96
      -814
      -49
      -118
      15
      132
      212
      -61
      -47
      406
      -107
      -1,368
      958
      229
      1,526
      342
      673
      193
      -62
      698
      301
      63
      -508
      2,233
      -448
      15
      70
      784
      49
      22
      34
      18
      5
      4
      460
      1,318
      100
      -148
      39
      62
      -183
      -95
      -187
      1,074
      -513
      -117
      -139
      68
      347
      -301
      395
      306
      76
      -156
      -311
      823
      -301
      1,460
      -177
      -102
      1,631
      158
      106
      470
      409
      383
      21
      149
      464
      33
      -81
      -13
      37
      -108
      -116
      110
      192
      1,168
      309
      156
      829
      27
      301
      14
      5
      72
      74
      -200
      361
      225
      130
      178
      142
      308
      72
      552
      660
      -55
      478
      100
      -134
      267
      -119
      38
      -34
      1,423
      58
      143
      345
      56
      336
      1,200
      550
      592
      466
      1,937
      528
      -254
      200
      434
      7
      134
      316
      820
      43
      -130
      187
      -56
      278
      493
      88
      -65
      59
      66
      202
      216
      146
      -98
      665
      363
      -126
      679
      374
      199
      4
      526
      -57
      289
      5
      2,898
      959
      -56
      -6
      592
      -70
      -91
      1,145
      317
      474
      246
      35
      49
      23
      19
      17
      -38
      -38
      -153
      4
      -52
      -516
      -136
      -96
      -13
      83
      1,137
      -57
      -25
      -11,228
      -629
      7
      303
      34
      9
      6
      74
      3
       
      1
      -464
      74
      1,514
      -75
      -7
      -60
      -12
      36
      82
      82
      21
      19
      -208
      -6
      591
      1,770
      60
      1
      -548
      -17
      -202
      1,135
      -109
      -376
      -234
      -265
      1,380
      -384
      -24
      -144
      -3
      -3
      -17
      -23
       
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 46,752
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 59,243 1,288,335 0.045984
2016 63,335 1,213,011 0.052213
2015 63,091 1,257,369 0.050177
2014 57,588 1,285,237 0.044807
2013 33,520 1,179,522 0.028418
2
Total of line 1, column (d) .....................
2
0.221599
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
0.04432
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,307,115
5
Multiply line 4 by line 3......................
5
57,931
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
685
7
Add lines 5 and 6........................
7
58,616
8
Enter qualifying distributions from Part XII, line 4,.............
8
56,485
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 1,370
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 1,370
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 1,370
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,395
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 1,395
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 25
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet25 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (412) 768-5892

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    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
    BERNARD M BILLICK ESQUIRE CO-TRUSTEE
    1     		0    
    24 N 7TH STREET
    STROUDSBURG,PA18360
    PNC BANK N A CO-TRUSTEE
    3     		15,050    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    1,327,115
    b
    Average of monthly cash balances.......................
    1b
    -95
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,327,020
    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
    1,327,020
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    19,905
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,307,115
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    65,356
    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
    65,356
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,370
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,370
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    63,986
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    63,986
    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
    63,986
    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
    56,485
    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
    56,485
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    56,485
    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 63,986
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 53,475
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 56,485
    a Applied to 2017, but not more than line 2a 53,475
    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..... 3,010
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		60,976
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    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
    SALVATION ARMY
    FBO EAST STROUDSBURG PA
    WEST NYACK,NY109941715     		NONE PC GENERAL SUPPORT 53,475
    Total .................................bullet 3a 53,475
    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 33,588  
    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 46,752  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMAGELLAN MIDSTREAM     		    14 38  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   80,378  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    80,378
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsOtherSchedule2
    Name:
    IRENE W CRAMER FOUNDATION
    EIN:
    25-6903624
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 252,739 246,907
    MUTUAL FUNDS - EQUITY AT COST 216,778 187,928
    ETF FIXED AT COST 163,394 183,769
    MUTUAL FUNDS ALTERNATIVE AT COST 50,000 44,346

    TY 2018 OtherDecreasesSchedule
    Name:
    IRENE W CRAMER FOUNDATION
    EIN:
    25-6903624
    Description Amount
    ADJ FOR ROUNDING TRANSACTIONS AND SALES 10


    TY 2018 OtherIncomeSchedule2
    Name:
    IRENE W CRAMER FOUNDATION
    EIN:
    25-6903624
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MAGELLAN MIDSTREAM PARTNERS LP 38 570  


    TY 2018 OtherIncreasesSchedule
    Name:
    IRENE W CRAMER FOUNDATION
    EIN:
    25-6903624
    Description Amount
    ADJ FOR SALE OF MAGELLAN MIDSTREAM LP 11


    TY 2018 TaxesSchedule
    Name:
    IRENE W CRAMER FOUNDATION
    EIN:
    25-6903624
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 365 365   0
    FEDERAL ESTIMATES - PRINCIPAL 1,294 0   0