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
QUAIL ROOST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)150 N RADNOR CHESTER RD STE A110
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RADNOR, PA19087
A Employer identification number

76-0754268
B Telephone number (see instructions)

(575) 770-8247
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$3,929,896J 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) 100
2 Check bullet.............
3 Interest on savings and temporary cash investments 21,522 21,522 21,522
4 Dividends and interest from securities... 82,695 82,695 82,695
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 258,137
b Gross sales price for all assets on line 6a 1,626,240
7 Capital gain net income (from Part IV, line 2)... 258,137
8 Net short-term capital gain.........  
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........ 362,454 362,354 104,217
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,450 3,225   3,225
c Other professional fees (attach schedule).... Click to see attachment 66,805 39,806   26,999
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,589      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 5,129 513   4,616
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,252     4,252
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 91,225 43,544   39,092
25 Contributions, gifts, grants paid....... 205,500 205,500
26 Total expenses and disbursements. Add lines 24 and 25 296,725 43,544   244,592
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 65,729
b Net investment income (if negative, enter -0-) 318,810
c Adjusted net income (if negative, enter -0-)... 104,217
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......... 115,610 131,468 131,468
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 507,445 Click to see attachment456,902 454,110
b Investments—corporate stock (attach schedule)....... 2,192,119 Click to see attachment2,044,892 2,165,614
c Investments—corporate bonds (attach schedule)....... 962,779 Click to see attachment1,210,420 1,178,704
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,777,953 3,843,682 3,929,896
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,777,953 3,843,682
30 Total net assets or fund balances (see instructions)..... 3,777,953 3,843,682
31 Total liabilities and net assets/fund balances (see instructions). 3,777,953 3,843,682
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
3,777,953
2
Enter amount from Part I, line 27a .....................
2
65,729
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,843,682
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,843,682
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(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 240,576   244,694 -4,118
b 1,330,742   1,123,409 207,333
c
d
e
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       -4,118
b       207,333
c
d
e
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 2 258,137
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 284,732 4,224,369 0.067402
2016 431,935 4,162,765 0.103762
2015 344,599 4,628,408 0.074453
2014 342,303 4,871,367 0.070268
2013 233,108 4,826,557 0.048297
2
Total of line 1, column (d) .....................
2
0.364182
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
0.072836
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,199,915
5
Multiply line 4 by line 3......................
5
305,905
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,188
7
Add lines 5 and 6........................
7
309,093
8
Enter qualifying distributions from Part XII, line 4,.............
8
244,592
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 6,376
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  
3 Add lines 1 and 2........................... 3 6,376
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,376
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,600
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,776
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
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)
    bulletNM
    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 addressbulletQUAILROOSTFOUNDATION.ORG
    14
    The books are in care ofbulletPEMBROKE PHILANTHROPY ADVISORS Telephone no.bullet (610) 896-3868

    Located atbullet150 N RADNOR CHESTER RDSUITE A110RADNORPA ZIP+4bullet19087
    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
     
     
    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
     
    No
    .........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
    FRED DOERR TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    JEFF SANDERS SECRETARY
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    MEHDI SHELHAMER VICE-CHAIR
    1.00     		0 0 0
    150 N RADNOR CHESTER RD
    SUITE A110
    RADNOR,PA19087
    H'KRIH SHELHAMER TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    CAROL WHITE TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    HA WHITE CHAIRMAN
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    SANJAY POOVADAN TREASURER
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    KIM SCHUMM TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    AIMEE SCHUMM TRUSTEE
    1.00     		0 0 0
    150 N RADNOR CHESTER ROAD
    STE A110
    RADNOR,PA19087
    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  
    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.............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 N/A  
    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
    4,140,470
    b
    Average of monthly cash balances.......................
    1b
    123,403
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,263,873
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,263,873
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,958
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,199,915
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    209,996
    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
    209,996
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    6,376
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,376
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    203,620
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    203,620
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    203,620
    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
    244,592
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    244,592
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    244,592
    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 7 203,620
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014...... 103,839
    c From 2015...... 113,981
    d From 2016...... 224,577
    e From 2017...... 78,113
    fTotal of lines 3a through e........ 520,510
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 244,592
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 203,620
    e Remaining amount distributed out of corpus 40,972
    5 Excess distributions carryover applied to 2018.    
    (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 5 561,482
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		561,482
    10 Analysis of line 9:
    a Excess from 2014.... 103,839
    b Excess from 2015.... 113,981
    c Excess from 2016.... 224,577
    d Excess from 2017.... 78,113
    e Excess from 2018.... 40,972
    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
    BLUE SKY FUND
    PO BOX 8108
    RICHMOND,VA23223     		  PC GENERAL OPERATING SUPPORT 2,000
    BRAC USA INC
    110 WILLIAM ST18TH FLOOR
    NEW YORK,NY10038     		  PC ROHINGYA RELIEF 5,000
    BRIDGES PROJECT FOR EDUCATION
    PO BOX 308
    TAOS,NM87571     		  PC GENERAL OPERATING SUPPORT 4,000
    BURMA HUMANITARIAN MISSION
    2985 S 800 E
    SALT LAKE CITY,UT84106     		  PC BACKPACK HEALTHCARE WORKERS IN BURMA 5,000
    CAMBODIA CORPSINC
    411 W WASHINGTON
    ALPENA,MI49707     		  PC SECONDARY SCHOOL SUPPORT 5,000
    CARBONFUND ORG
    853 MAIN STREET
    EAST AURORA,NY14052     		  PC GENERAL OPERATING SUPPORT 750
    COLORADO PET PANTRY
    PO BOX 323
    BOULDER,CO80306     		  PC GENERAL OPERATING SUPPORT 3,000
    COLORADO SPRINGS FOOD RESCUE
    917 E MORENO AVE STE 3
    COLORADO SPRINGS,CO80903     		  PC GENERAL OPERATING SUPPORT 2,000
    COMMUNITY AGAINST VIOLENCE
    945 SALAZAR ROAD
    TAOS,NM87571     		  PC CHILD THERAPEUTIC PROGRAM 3,500
    COMMUNITY FOUNDATION OCALA MARION C
    116 S MAGNOLIA AVE STE 3
    OCALA,FL34471     		  PC HORSE COUNTRY PROTECTION PROGRAM 4,000
    CONCRETE COUCH
    214 E VERMIJO AVENUE
    SANTA FE,NM87501     		  PC GEN OP SUPP/HOUSE PURCHASE 10,000
    CREATIVITY FOR PEACE
    369 MONTEZUMA AVE NO 566
    SANTA FE,NM87501     		  PC GENERAL OPERATING SUPPORT 4,000
    CREATIVITY FOR PEACE
    369 MONTEZUMA AVE NO 566
    SANTA FE,NM87501     		  PC GENERAL OPERATING SUPPORT 4,000
    CREATIVITY FOR PEACE
    369 MONTEZUMA AVE NO 566
    SANTA FE,NM87501     		  PC GENERAL OPERATING SUPPORT 2,000
    CREATIVITY FOR PEACE
    369 MONTEZUMA AVE NO 566
    SANTA FE,NM87501     		  PF GENERAL OPERATING SUPPORT 1,000
    THE DANIELS HAMANT FOUNDATION
    1427 WILLIAM STREET
    RIVER FOREST,IL60305     		    CENTRO MEDICO HUMBERTO PARRA 4,000
    DREAM TREE PROJECT
    128 LA POSTA RD
    TAOS,NM87571     		  PC GENERAL OPERATING SUPPORT 2,500
    CIMARRON MUNICIPAL SCHOOLS
    PO BOX 96
    EAGLES NEST,NM87718     		  PC EAGLE NEST SCHOOL'S BARN PROGRAM 2,000
    EDUCATIONAL EMPOWERMENT
    328 WYATT WAY NE
    BAINBRIDGE ISL,WA98110     		  PC BOOKS FOR BURMA 4,000
    EL PUEBLITO UNITED METHODIST
    PO BOX 1302
    EL PRADO,NM87529     		  PC GENERAL OPERATING SUPPORT 3,000
    EMBUDO VALLEY LIBRARY AND COMMUNITY
    PO BOX 310
    DIXON,NM87527     		  PC GENERAL OPERATING SUPPORT 2,000
    EQUINE SPIRIT SANCTUARY
    13 LOS CABALLOS ROAD
    RANCHOS DE TAOS,NM87557     		  PC GENERAL OPERATING SUPPORT 4,000
    FLATHEAD LAND TRUST INC
    690 N MERIDIAN SUITE 207
    KALISPELL,MT59901     		  PC WEST VALLEY WETLANDS VIEWING AREA 2,500
    FLORIDA THOROUGHBRED CHARITIES INC
    801 SW 60TH AVE
    OCALA,FL34474     		  PC SCHOLARHIP PROGRAM 10,750
    FOUR CORNERS ANIMAL LEAGUE
    PO BOX 1163
    TAOS,NM87571     		  PC QUESTA ANIMAL AID 1,000
    HAND IN HAND
    PO BOX 80102
    PORTLAND,OR97280     		  PC GENERAL OPERATING SUPPORT 4,000
    HIAS INC
    1300 SPRING STREET SUIT
    SILVER SPRINGS,MD20910     		  PC GENERAL OPERATING SUPPORT 5,000
    HORSE PROTECTION ASSOCIATION OF FLO
    20690 NW 130TH AVENUE
    MICANOPY,FL32667     		  PC GENERAL OPERATING SUPPORT 2,000
    HORSES N HEROES OF MARION COUNTY I
    12680 N US HWY 441
    CITRA,FL32113     		  PC GENERAL OPERATING SUPPORT 3,000
    HORSES N HEROES OF MARION COUNTY I
    12680 N US HWY 441
    CITRA,FL32113     		  PC GENERAL OPERATING SUPPORT 2,000
    HOUSING RESOURCES BAINBRIDGE
    730 ERICKSEN AVE NE
    BAINBRIDGE ISL,WA98110     		  PC GENERAL OPERATING SUPPORT 4,500
    HUERFANO COUNTY YOUTH SERVICES
    513 MAIN ST
    WALSENBURG,CO81089     		  PC HUERFANO COUNTY YOUTH SERVICES 2,000
    INSTITUTE FOR PEACE STUDIES
    1511 POLY DRIVE
    BILLINGS,MT59102     		  PC INSTITUTE FOR PEACE STUDIES 6,000
    ISLAND VOLUNTEER CAREGIVERS
    PO BOX 11253
    BAINBRIDGE ISL,WA98110     		  PC GENERAL OPERATING SUPPORT 1,000
    ISLANDWOOD
    4450 BLAKELY AVE NE
    BAINBRIDGE ISL,WA98110     		  PC GRADUATE PROGRAM SCHOLARSHIPS 1,000
    KATERI TEKAKWITHA MISSION FUND
    PO BOX 906
    PACIFICA,CA94044     		  PC GENERAL OPERATING SUPPORT 4,000
    LOCALOGY
    HC 81 BOX 41
    QUESTA,NM87556     		  PC GENERAL OPERATING SUPPORT 2,000
    NEW MEXICO WILDLIFE CENTER
    PO BOX 246
    ESPANOLA,NM87532     		  PC GENERAL OPERATING SUPPORT 2,000
    NGUYEN NGA CENTER
    884 TRAN HUNG DAO
    QUY NHON CITY,BINH DINH  
    VM     		  NC GENERAL OPERATING SUPPORT 6,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 S 27TH STREET STE A
    BILLINGS,MT59101     		  PC GENERAL OPERATING SUPPORT 1,000
    NOT FORGOTTEN OUTREACH INC
    461 VALVERDE COMMONS DR
    TAOS,NM87571     		  PC GENERAL OPERATING SUPPORT 2,000
    ONE WORLD-ONE HEART FOUNDATION INC
    PO BOX 1840
    RANCHOS DE TAOS,NM87557     		  PC NEPAL MEDICAL CAMPS 5,000
    PUGET SOUND RESTORATION FUND
    382 WYATT WAY NE
    BAINBRIDGE ISL,WA98110     		  PC GENERAL OPERATING SUPPORT 4,500
    RESCUE- FREEDOM INTERNATIONAL
    105 CENTRAL WAY STE 201
    KIRKLAND,WA98033     		  PC ANTI-SLAVERY & HUMAN TRAFFICKING 2,000
    SALAAM CULTURAL CENTER
    3806 WHITMAN AVE N
    SEATTLE,WA98103     		  PC SEWING CENTER FOR SYRIAN REFUGEES 3,000
    SCHOOLS FOR SALONE
    PO BOX 25314
    SEATTLE,WA98165     		  PC GENERAL OPERATING SUPPORT 3,000
    SERES GLOBAL
    3865 LAKESHORE AVENUE
    OAKLAND,CA94612     		  PC VOLCANO RELIEF EFFORTS 2,000
    SHUARHANDS INC
    PO BOX 1411
    PINE VALLEY,CA91962     		  PC MAINTENANCE OF VARIOUS PROJECTS 2,500
    STIRRUPS 'N STRIDES THERAPEUTIC RID
    4246 W HWY 318
    CITRA,FL32113     		  PC GENERAL OPERATING SUPPORT 3,000
    STUMPTOWN ART STUDIO
    145 CENTRAL AVENUE
    WHITEFISH,MT59937     		  PC GENERAL OPERATING SUPPORT 1,000
    SUSTAINABLE BEREA
    199 ADAMS
    BEREA,KY40403     		  PC GEN OP SUP/ USDA MATCHING GRANT 8,250
    TAOS HEALTH SYSTEMS INC
    413 SIPAPU STREET
    TAOS,NM87571     		  PC CANCER SUPPORT SERVICES 4,000
    TREES WATER AND PEOPLE
    633 REMINGTON ST
    FT COLLINS,CO80524     		  PC GUATEMALA VOLCAN FUEGO DIS. RELIEF 4,000
    T'RUAH
    266 WEST 37TH ST STE 803
    NEW YORK,NY10018     		  PC GENERAL OPERATING SUPPORT 4,000
    UNIVERSITY OF NEW MEXICO-TAOS
    1157 COUNTY ROAD 110
    RANCHOS DE TAOS,NM87571     		  PC QUAIL ROOST SCHOLARSHIP FUND 10,750
    VIOLENCE FREE CRISIS LINE
    PO BOX 1401
    KALISPELL,MT59903     		  PC GENERAL OPERATING SUPPORT 1,000
    WINDHORSE SANCTUARY
    597 NE RIDGE LOOP
    MADISON,FL32340     		  PF GENERAL OPERATING SUPPORT 6,000
    YOUTH HEARTLINE
    224 CRUZ ALTA RD SUITE F
    TAOS,NM87571     		  PC SMART HOUSE (NEIGHBORHOOD ARTS PROJ) 3,000
    Total .................................bullet 3a 205,500
    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 ...........     		    14 21,522  
    4 Dividends and interest from securities....     14 82,695  
    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 ............     		    18 257,995 142
    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)..   362,212 142
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    362,354
    (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 AccountingFeesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,450 3,225   3,225

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCESS CAPITAL COMMUNITY 83,108 77,619
    CALVERY GREEN BD FD I 103,090 103,625
    CALVERT HIGH YIELD BD FD 121,628 117,719
    CALVERYT SHORT DURATION 144,326 142,406
    CRA QUALIFIED INVESTMENT 108,788 103,430
    PRAXIS IMPACT 82,472 82,780
    SIT US GOVE SEC FUND 61,854 62,371
    TEMPLETON GLOBAL BOND 82,472 78,742
    TIAA CREF SOCIAL CHOICE 122,206 119,191
    CALVERT SOCIAL INVT 1% 18    
    AMERICAN EXPRESS    
    BANK OF AMERICA 15,775 15,096
    BNP PARIBAS    
    CITIGROUP INC 9,647 9,684
    COMCAST CORPORATION 20,572 19,472
    ANHEUSER-BUSCH IN    
    A T & T INC 10,522 9,770
    MORGAN STANLEY 9,994 9,965
    JOHN DEERE CAPIT 9,964 9,907
    XCEL ENERGY INC 4.7%20 10,433 10,119
    UNITEDHEALTH CORP 15,498 14,940
    CSX CORPORATION 10,526 10,104
    HOME DEPOT 15,222 14,791
    INTEL CORP    
    JP MORGAN CHASE 15,274 14,886
    LOWES COMPANIES 14,120 13,321
    MERCK & CO INC 15,456 14,621
    MEDTRONIC INC 20,525 19,892
    NIKE 9,587 9,147
    ORACLE CORPORATIO    
    PEPSICO INCORPOR 10,063 9,857
    PRUDENTIAL FINANC 10,268 10,054
    SCHLUMBERGER IN 15,726 15,092
    TORONTO-DOMINION 20,109 19,790
    THE GOLDMAN SACHS 10,066 9,895
    WESTPAC BANKING 10,075 9,883
    VERIZON COMMUNIC 11,067 10,652
    CVS HEALTH CORP 9,987 9,883

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AB SUSTAINABLE GLOBAL 43,563 35,805
    CALVERT EMRG MKTS EQTY 41,236 34,681
    CALVERT GLOBAL WATER FD 66,416 60,606
    CALVERT INT'L OPPTY FD I 39,299 46,475
    CALVERT SMALL CAP FD 43,177 36,799
    DOMINI INTL SOCIAL EQTY 109,627 95,545
    PARNASSUS EQUITY INCOME 97,809 148,817
    PARNASSUS ENDEAVOR FD 112,675 117,484
    PARNASSUS MID CAP FUND 42,213 56,125
    PAX WORLD GLOBAL ENVIRONMENTL 75,943 86,701
    PAX MSCI INTL ESG    
    PAX WORLD SMALL CAP INST 53,741 45,821
    PORTFOLIO 21    
    SHELTON GREEN ALPHA FD    
    TIAA CREF SOCIAL CHOICE 154,020 130,568
    WALDEN SMID CAP FDQ 63,931 56,201
    GLOBAL X YIELDCO INDEX    
    INVESCO KBW PREMIUM 41,093 32,394
    ISHARES US PREFERRED 66,826 58,020
    PWRSHS KBW PREM YLD EQTY    
    VANICK VECTORS BDC 41,081 35,226
    A T & T 9,087 8,476
    ADOBE SYSTEMS 3,041 9,502
    AFLAC 17,401 19,910
    AGILENT TECHNOLOGIEZ    
    AIR PRODUCT & CHEMICAL 18,347 19,206
    ALPHABET INC 32,345 44,933
    AMAZON COM INC 12,083 31,541
    AMERICAN EXPRESS CO 15,913 16,681
    AMERICAN WATER WORKS 18,174 18,699
    AMGEN INCORPORATED 21,830 29,201
    APPLE 20,561 32,652
    BANK OF AMERICA CORP 4,581 9,314
    BANK OF NY MELLON CP 3,691 4,754
    BAXTER INTERNTNL 23,284 21,655
    BECTON DICKSON & CO 3,514 6,760
    BRIGHT HORIZON FAM 8,287 10,476
    BRINKS CO    
    CA WATER SERVICE GRP 8,787 9,389
    CATERPILLAR INC    
    CERNER CORP 4,785 3,881
    CHARLES SCHWAB CORP 6,057 5,482
    CHUBB LTD    
    CHURCH & DWIGHT CO INC 3,468 6,642
    CISCO SYSTEMS INC 18,804 26,388
    CITIGROUP INC 6,631 5,518
    COLGATE-PALMOLIVE    
    COMCAST CORP NEW CL A 5,521 6,640
    COSTCO WHOLESALE CO 4,843 4,278
    CUMMINS INC    
    CVS HEALTH CORP 9,652 9,304
    DECKERS OUTDOOR CORP 4,680 6,525
    DISCOVERY INC 4,891 4,651
    EMERSON ELECTRIC CO 15,672 13,504
    ESTEE LAUDERCO INC 8,271 8,587
    EXPEDITORS INTL WASH 9,705 9,533
    FACEBOOK INC 7,400 5,637
    FEDEX CORP 5,301 3,549
    FIDELITY NATL INFO 7,776 8,409
    GAP INC    
    GLAXOSMITHKLINE PLC F 8,771 9,553
    HAEMONETICE CORP 5,104 8,704
    HOME DEPOT INC 6,558 11,856
    HOST HOTELS & RESORT 12,158 12,619
    ILLINOIS TOOL WORKS 7,749 10,262
    INTEL CORP 12,719 20,180
    INTL FLAVORS & FRAGRA    
    J M SMUCKER CO 22,165 16,922
    JOHNSON & JOHNSON 16,668 19,358
    JPMORGAN CHASE & CO 23,823 33,777
    LOWES COMPANIES INC    
    MASTERCARD INC 8,783 12,640
    MICROSOFT CORP 24,171 51,293
    MINERALS TECH INC    
    NETFLIX 5,655 4,283
    NIKE 4,829 4,448
    NOVARTIS 8,083 9,525
    NUCOR CORP 6,224 6,683
    ORACLE CORPORATION 14,820 15,712
    PRICELINE GROUP    
    PROCTOR & GAMBLE 8,583 9,468
    REINSURANCE GP AMER NEW    
    SONOCO PRODUCTS CO 9,617 9,191
    STANLEY BLACK & DECKK    
    STARBUCKS CORP 8,731 9,982
    STATE STREET CORP 7,658 6,875
    SVB FINL GROUP 4,823 2,849
    SYSCO CORPORATION 14,599 19,174
    T C F FINL CORP 4,778 4,385
    TEXAS INSTRUMENTS INC 7,292 14,270
    THERMO FISHER 4,842 5,147
    TIFFANY & CO 8,456 6,763
    TIME WARNER INC NEW    
    TRAVELERS 11,796 12,095
    UNILEVER N V 3,429 3,658
    UNION PACIFIC CORP 14,797 17,279
    UNITED HEALTH GROUP 10,506 30,143
    VERIZON 18,446 20,689
    VERTEX PHARM 4,720 4,971
    VISA INC 9,626 9,632
    WALT DISNEY 6,188 6,689
    WW GRAINGER INC 4,642 4,235
    3M COMPANY 11,617 12,576
    ISHARES MSCI EAFE ESG 141,914 119,637
    ISHARES MSCI EM ESG 56,230 46,312
    NUSHARES ESG SMALL CAP 28,152 24,739
    AMERICAN TOWER CORP 7,796 8,700
    PROLOGIS INC 10,341 9,395
    LASALLE HOTEL PPTY    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    US Government Securities - End of Year Book Value:

    271,647
    US Government Securities - End of Year Fair Market Value:

    269,277
    State & Local Government Securities - End of Year Book Value:


    185,255
    State & Local Government Securities - End of Year Fair Market Value:


    184,833


    TY 2018 OtherExpensesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES/SUBS 741     741
    INSURANCE 675     675
    WEBSITE 981     981
    FEES AND PENALTIES 10     10
    PROFESSIONAL DEVELOPMENT 995     995
    RESEARCH & MATERIALS 850     850


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 30,000 3,001   26,999
    NICS INVESTMENT MGMT FEES 14,933 14,933    
    HORIZON SCHWAB INVEST FEES 21,872 21,872    


    TY 2018 TaxesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 8,589