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
Muna & Basem Hishmeh Foundation Inc
 
% MUNA & BASEM HISHMEH FDN
Number and street (or P.O. box number if mail is not delivered to street address)1850 S Ocean Drive Unit 3104
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hallandale Beach, FL33009
A Employer identification number

65-1270242
B Telephone number (see instructions)

(954) 458-1778
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$4,293,720J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,195 1,195  
4 Dividends and interest from securities... 93,811 93,811  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 345,563
b Gross sales price for all assets on line 6a 1,795,358
7 Capital gain net income (from Part IV, line 2)... 345,563
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........ 440,569 440,569  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 106,619 97,819   8,800
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,294 3,782    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 23,247 1,391   21,856
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,160 102,992   30,656
25 Contributions, gifts, grants paid....... 291,500 291,500
26 Total expenses and disbursements. Add lines 24 and 25 433,660 102,992   322,156
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,909
b Net investment income (if negative, enter -0-) 337,577
c Adjusted net income (if negative, enter -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......... 437,892 452,511 452,511
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) 273,990 Click to see attachment271,311 269,687
b Investments—corporate stock (attach schedule)....... 3,032,500 Click to see attachment3,027,469 3,571,522
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)..........      
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) 3,744,382 3,751,291 4,293,720
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 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 3,744,382 3,751,291
30 Total net assets or fund balances (see instructions)..... 3,744,382 3,751,291
31 Total liabilities and net assets/fund balances (see instructions). 3,744,382 3,751,291
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
3,744,382
2
Enter amount from Part I, line 27a .....................
2
6,909
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,751,291
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
3,751,291
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      
b
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 1,795,358   1,449,795 345,563
b
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       345,563
b
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 2 345,563
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 309,984 4,652,270 0.066631
2016 305,982 4,303,561 0.0711
2015 304,809 4,733,303 0.064397
2014 277,377 4,446,789 0.062377
2013 256,080 4,092,704 0.06257
2
Total of line 1, column (d) .....................
2
0.327075
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
0.065415
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,684,308
5
Multiply line 4 by line 3......................
5
306,424
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,376
7
Add lines 5 and 6........................
7
309,800
8
Enter qualifying distributions from Part XII, line 4,.............
8
322,156
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 3,376
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 3,376
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 3,376
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,254
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 6,254
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 2,878
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,878 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)
    bulletNJ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletMUNA & BASEM HISHMEH FDN Telephone no.bullet (954) 458-1778

    Located atbullet1850 S Ocean Drive Unit 3104Hallendale BeachFL ZIP+4bullet33009
    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
     
     
    ........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
     
    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). Click to see attachment
    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
    Basem L Hishmeh Pres, Dir
    2.0     		0 0 0
    1850 S Ocean Drive Unit 3104
    Hallandale Beach,FL33009
    Muna Hishmeh Sec, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 3104
    Hallandale Beach,FL33009
    Robert Hishmeh Treas, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 3104
    Hallandale Beach,FL33009
    Amal Ibrahimaj VP, Dir
    1.0     		0 0 0
    1850 S Ocean Drive Unit 3104
    Hallandale Beach,FL33009
    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
     
    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
    UBS Financial Services Investment Mgmt 97,819
    7700 Wisconsin Ave Suite 300
    Bethesda,MD20814
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    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
    4,429,633
    b
    Average of monthly cash balances.......................
    1b
    326,010
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,755,643
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,755,643
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    71,335
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,684,308
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    234,215
    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
    234,215
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,376
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,376
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    230,839
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    230,839
    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
    230,839
    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
    322,156
    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
    322,156
    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
    3,376
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    318,780
    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 7 230,839
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 57,516
    b From 2014...... 62,247
    c From 2015...... 71,167
    d From 2016...... 94,660
    e From 2017...... 83,528
    fTotal of lines 3a through e........ 369,118
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 322,156
    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..... 230,839
    e Remaining amount distributed out of corpus 91,317
    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 5 460,435
    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) ...     		57,516
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		402,919
    10 Analysis of line 9:
    a Excess from 2014.... 62,247
    b Excess from 2015.... 71,167
    c Excess from 2016.... 94,660
    d Excess from 2017.... 83,528
    e Excess from 2018.... 91,317
    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).)
    Basem L Hishmeh
    Muna Hishmeh
    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
    AL KAMANDJATI ASSOCIATION
    PO BOX 943
    RAMALLAH PALESTINE    
    IS     		N/A NC Expenditure Responsibility Grant 15,000
    ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVIC
    2651 SAULINO CT
    DEARBORN,MI48120     		N/A PC Children's Sunday Art & Craft Program 5,000
    ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVIC
    2651 SAULINO CT
    DEARBORN,MI48120     		N/A PC photography Program 10,000
    CUYAHOGA VALLEY YOUTH BALLET
    PO BOX 3131
    CUYAHOGA FLS,OH44223     		N/A PC Reach out and Dance Program 2,500
    EDWARD SAID NATIONAL CONSERVATORY OF MUSIC
    AL ZAHRA ST NO 20 PO BOX 66676
    JERUSALEM Palestine   91666
    IS     		N/A PC General & Unrestricted 30,000
    FIRST RAMALLAH GROUP
    AL-TIREH ST PO BOX 2017
    RAMALLAH PALESTINE    
    IS     		N/A NC Expenditure Responsibility Grant 30,000
    FREE ARTS FOR ABUSED CHILDREN OF NEW YORK CITY INC
    1431 BROADWAY 7TH FL
    NEW YORK,NY10018     		N/A PC General & Unrestricted 15,000
    GUITAR CENTER MUSIC FOUNDATION
    PO BOX 6185
    THOUSAND OAKS,CA91359     		N/A PC General & Unrestricted 2,500
    NATIONAL DANCE INSTITUTE INC
    217 W 147TH ST
    NEW YORK,NY10039     		N/A PC Irene Diamond Summer Institute 20,000
    NEW 42ND STREET INC
    229 W 42ND ST 10TH FL
    NEW YORK,NY10036     		N/A PC New Victory Children's Education Program 15,000
    PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC
    10 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC the very young composer and free concert programs 35,000
    PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC
    10 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		N/A PC VYC program to fund two instructors to go to Palestine in 2018 24,000
    RAWDAT EL-ZUHUR Music Art and Drama Program Progr
    PO BOX 19796
    JERUSALEM PALESTINE   91017
    IS     		N/A NC Expenditure Responsibility Grant 30,000
    ROUNDABOUT THEATRE COMPANY INC
    231 W 39TH ST
    NEW YORK,NY10018     		N/A PC Hishmeh Endowed Fund 10,000
    ROUNDABOUT THEATRE COMPANY INC
    231 W 39TH ST
    NEW YORK,NY10018     		N/A PC Youth Education Program 15,000
    SECOND SIGHT PROJECT INC
    735 SULLIVANT AVE
    COLUMBUS,OH43222     		N/A PC Bloom Where Planted Education Program 2,500
    THE MUSICAL ARTS ASSOCIATION
    11001 EUCLID AVE
    CLEVELAND,OH44106     		N/A PC Learning Through Music Program 5,000
    THE WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FOUN
    300 POMPTON RD
    WAYNE,NJ07470     		N/A PC Paterson Middle School System music project and exchange activities with ESNCM Program 25,000
    Total .................................bullet 3a 291,500
    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 1,195  
    4 Dividends and interest from securities....     14 93,811  
    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 ............     		    18 345,563  
    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)..   440,569  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    440,569
    (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

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    TY 2018 DepreciationSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    MASHJAR JUTHOUR
          		5 QASTAL STREET
    RAMALLAH,palestine  
    IS     		2015-03-13 20,000 TO SUPPORT THE EDUCATION PROGRAM 20,000 NO 5/31/16, 7/20/17, 10/25/18   none necessary
    MASHJAR JUTHOUR
          		5 QASTAL STREET
    RAMALLAH,PALESTINE  
    IS     		2016-02-29 20,000 TO SUPPORT THE EDUCATION PROGRAM 20,000 NO 7/20/17, 10/25/18   none necessary
    FIRST RAMALLAH GROUP
          		AL-TIREH STREET PO BOX 2017
    RAMALLAH,PALESTINE  
    IS     		2017-02-06 30,000 FUNDING FOR SCHOOL OF DANCE 30,000 NO 2/13/18   none necessary
    FIRST RAMALLAH GROUP
          		AL-TIREH STREET PO BOX 2017
    RAMALLAH,PALESTINE  
    IS     		2018-03-05 30,000 FUNDING FOR SCHOOL OF DANCE 0 NO report expected in 2019   none necessary
    RAWDAT EL-ZUHUR
          		PO BOX 19796
    E JERUSALEM,PALESTINE  
    IS     		2017-02-14 30,000 FUNDING FOR MUSIC, ART, AND DRAMA PROGRAMS FOR CHILDREN WITH LEARNING DIFFICULTIES 30,000 NO 2/12/18   none necessary
    RAWDAT EL-ZUHUR
          		PO BOX 19796
    E JERUSALEM,PALESTINE  
    IS     		2018-03-05 30,000 FUNDING FOR MUSIC, ART, AND DRAMA PROGRAMS FOR CHILDREN WITH LEARNING DIFFICULTIES 0 NO report expected in 2019    
    AL KAMANDJATI ASSOCIATION
          		PO BOX 943
    RAMALLAH,PALESTINE  
    IS     		2017-02-07 15,000 TO SUPPORT THE MUSIC EDUCATION PROGRAM 15,000 NO 1/30/18   NONE NECESSARY
    AL KAMANDJATI ASSOCIATION
          		PO BOX 943
    RAMALLAH,PALESTINE  
    IS     		2018-06-01 15,000 TO SUPPORT THE MUSIC EDUCATION PROGRAM 0 NO report expected in 2019   none necessary

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 9,450 20,388
    ABB LTD 7,775 5,779
    ABBOTT LABS 18,986 23,580
    ABBVIE INC 16,829 12,907
    ACCOR SA 7,562 6,547
    ACTIVISION BLIZZARD INC 17,153 12,574
    ADOBE SYSTEMS, INC 25,128 39,592
    AES CORP 14,571 16,672
    AIA GROUP LTD ADR 12,605 15,750
    AIR PRODS & CHEM INC 6,684 6,722
    ALIBABA GROUP HOLDING LTD 6,621 6,991
    ALLERGAN PLC 7,367 5,480
    ALLIANZ SE ADR 9,716 12,547
    ALPHABET INC CL A 41,872 75,236
    ALPHABET INC CL C 3,937 14,499
    AMAZON COM 18,247 37,549
    AMER INTERNATIONAL GROUP INC 8,166 5,360
    AMERICAN EXPRESS CO 29,638 37,079
    AMERICAN TOWER REIT INC 6,687 9,808
    AMNEAL PHARMACEUTICALS INC 7,044 5,020
    ANTHEM INC 7,687 17,071
    APPLE INC 23,975 45,586
    ASML HOLDING NV NY REG SHS 6,671 9,493
    ASTRAZENECA 13,778 12,951
    AT&T, INC 44,481 39,641
    ATHENAHEALTH 17,567 14,908
    ATLAS COPCO AB A SHS ADR 9,304 5,552
    AUTOMATIC DATA PROCESSING INC 5,389 15,341
    AVIVA PLC 12,743 8,430
    AXA ADS 6,177 5,283
    BAKER HUGHES A GE COMPANY 21,725 12,320
    BANCO ITAU HOLDING FINANCIERA 9,001 8,400
    BANK NEW YORK MELLON CORP COM 5,029 5,790
    BANK OF AMERICA CORP 17,605 25,133
    BASF AG SPONS ADR 10,439 7,757
    BAYER A G SPONSORED ADR 12,933 9,242
    BECTON DICKINSON & CO 25,336 29,517
    BERKSHIRE HATHAWAY INC. CLASS 7,751 23,889
    BERRY PLASTICS GROUP INC 16,096 12,976
    BHP BILLITON LIMITED 20,044 16,419
    BIOGEN INC 13,438 16,852
    BNP PARIBAS SPONS ADR 8,748 5,951
    BOEING CO 27,745 38,700
    BOSTON SCIENTIFIC 6,171 12,404
    BRISTOL-MYERS SQUIBB CO 9,187 8,941
    BURBERRY GROUP PLC 7,773 8,838
    BURLINGTON STORES, INC 18,260 19,358
    CARNIVAL CORP 12,089 12,325
    CDW CORP 14,848 16,615
    CELGENE CORP 21,906 14,036
    CENTENE CORP 8,489 11,761
    CHEVRON CORP 35,026 38,294
    CIGNA CORPORATION 10,533 16,333
    CISCO SYSTEMS INC 55,762 87,049
    CITIGROUP INC 29,647 28,685
    CITRIX SYSTEMS INC 13,676 19,980
    CME GROUP, INC 4,368 6,960
    COGNIZANT TECHNOLOGY SOLUTIONS 17,057 14,854
    COMCAST CORP 43,849 64,592
    COMPAGNIE FINANCIERE RICHEMONT 9,060 8,895
    CONAGRA FOODS INC 3,568 2,350
    CONOCOPHILLIPS 14,463 14,715
    CONTL AG SPONS ADR 17,056 10,087
    CORNING INC 13,871 19,002
    CROWN HOLDINGS INC 15,445 10,767
    CSX CORP 7,685 11,867
    CVS CAREMARK CORP 4,116 3,342
    CYPRESS SEMICONDUCTR 15,085 16,180
    DANA HOLDING CP 10,491 6,788
    DBS GROUP HLDGS SPON ADR 13,101 17,151
    DIAGEO PLC ADS 23,768 23,255
    DICK'S SPORTING GDS 14,598 8,830
    DOLLAR GENERAL CORP 26,689 33,289
    DOWDUPONT INC 25,165 27,810
    DUKE ENERGY CO 8,258 13,377
    ECOLAB INC 4,400 8,988
    ELI LILLY & CO 16,232 19,325
    EOG RESOURCES INC 8,560 7,849
    ESSILOR INTL ADR 11,102 10,990
    EXXON MOBIL CORP 9,514 9,410
    FACEBOOK INC 10,073 10,880
    FANUC LIMITED UNSPONSORED 8,852 7,349
    FERGUSON PLC ADR 11,961 9,300
    FIDELITY NATIONAL INFORMATION 16,240 17,844
    FIRST DATA CORP 12,731 11,955
    FLUOR CORP 9,645 5,893
    FREEPORT-MCMORAN COPPER & GOLD 13,681 10,310
    FRESENIUS MED CAR AG 5,407 4,891
    GENERAL ELECTRIC CO 14,045 4,958
    GILEAD SCIENCES INC 35,051 32,526
    GLAXOSMITHKLINE PLC 19,337 18,570
    GLENCORE XSTRATA PLC ADR 6,449 4,445
    HARTFORD FINANCIALSERVICES GRO 8,785 8,890
    HDFC BANK LTD ADR 11,335 12,431
    HOME DEPOT INC 8,917 30,240
    HONDA MOTOR CO LTD 12,195 10,765
    HONEYWELL INTL 15,812 24,971
    HSBC HOLDINGS PLC 17,921 14,101
    IAC/INTERACTIVE CORP 16,986 16,840
    ILLINOIS TOOL WORKS 13,353 14,189
    INDUSTRIA DE DISENO 15,374 12,240
    ING GROUP N V SPONSORED ADR 9,268 9,359
    INTERCONTINENTAL EXCHANGE, INC 15,952 22,147
    INTERNATIONAL BUSINESS MACHINE 37,772 26,712
    JOHNSON & JOHNSON 23,367 33,295
    JOHNSON CONTROLS INTERNATIONAL 16,005 12,127
    JONES LANG LASALLE 10,207 11,394
    JP MORGAN CHASE 39,559 79,852
    KIMBERLY CLARK CORP 3,922 7,178
    KINDER MORGAN INC 7,210 6,321
    KLA TENCOR CORP 17,825 13,960
    KOMATSU LTD 7,180 6,182
    KUBOTA CORPORATION 5,242 6,270
    LAFARGEHOLCIM LTD ADR 5,476 4,047
    LAM RESEARCH CORP 4,664 10,894
    LEGAL & GENERAL GROUP 5,201 4,828
    LENNAR CORP 13,016 12,411
    LENNAR CORP CL B 182 219
    LOCKHEED MARTIN CORP 17,368 13,354
    LVMH MOET HENN UNSP 10,004 13,270
    MAKITA CORP 4,687 6,577
    MARATHON PETROLEUM CORP 10,105 8,143
    MASTERCARD INC 13,938 16,413
    MCDONALD'S CORP 8,413 8,523
    MEDTRONIC PLC 24,901 25,469
    MERCK & CO INC 30,691 41,031
    METLIFE INC 18,446 16,835
    MICROSOFT CORP 39,609 99,030
    MITSUBISHI ESTATE CO ADR 8,313 6,256
    MOLINA HEALTHCARE 9,144 11,971
    MONDELEZ INTERNATIONAL INC 10,750 9,567
    NESTLE S.A 28,474 28,498
    NETAPP, INC 9,156 12,769
    NETFLIX INC 7,523 5,889
    NIDEC CORPORATION ADR 5,661 9,369
    NIKE INC-CL B 14,055 13,568
    NITTO DENKO ADR 7,423 4,960
    NORFOLK SOUTHERN CORP 18,193 15,104
    NOVARTIS AG ADR 16,323 20,080
    NOVO NORDISK A S 13,627 14,650
    NVENT ELECTRIC PLC 7,286 6,873
    NVIDIA CORP 6,629 8,144
    O'REILLY AUTOMOTIVE INC 4,533 16,872
    ORACLE CORP 17,824 24,968
    ORANGE 10,670 10,426
    PALO ALTO NETWORKS INC 7,021 6,969
    PAYPAL HOLDINGS, INC 33,398 39,689
    PENTAIR INC. COM 5,904 5,327
    PEPSICO INC 21,643 30,272
    PFIZER INC 14,126 25,099
    PING AN INSURANCE GROUP ADR 4,925 8,973
    PIONEER NAT RES CO 7,599 5,918
    PPG INDUSTRIES INC 4,737 16,459
    PROCTER GAMBLE CO 37,313 43,477
    PROGRESSIVE CORP OHIO 15,447 16,349
    PRUDENTIAL PLC SC 11,188 11,495
    RAYTHEON CO 15,316 26,683
    RELX PLC 12,049 12,804
    RIO TINTO PLC SPONSORED ADR 8,410 8,436
    ROCHE HOLDING LTD ADR 15,412 16,814
    ROCKWELL AUTOMATION INC 11,787 14,296
    ROSS STORES, INC 6,589 14,394
    ROYAL DUTCH SHEL PLC SPONS ADR 17,197 21,459
    S&P GLOBAL INC COM 17,382 14,275
    SAFRAN SA - UNSPON ADR 8,704 13,749
    SALESFORCE.COM 8,816 12,738
    SAP AKTIENGESELL ADS 16,915 22,897
    SCHLUMBERGER LTD 14,462 7,685
    SCHNEIDER ELEC UNSP/ADR 7,203 6,828
    SERVICE NOW 9,485 9,081
    SHIN-ETSU CHEMICAL C 8,839 10,944
    SMITH & NEPHEW PLC ADR 3,654 3,663
    SNAP ON INC 17,746 15,110
    SOUTHWEST AIRLINES 10,659 14,827
    STATE STREET CORPORATION 11,107 10,911
    SUMITOMO MITSUI FINCL GRP 12,018 10,429
    SVB FINANCIAL GROUP 17,013 13,484
    SYNCHRONY FINANCIAL 22,583 14,381
    TAIWAN SEMICONDUCTOR MFG CO LT 8,600 16,019
    TAPESTRY INC 12,398 10,193
    TARGET CORPORATION 2,111 2,049
    TECHNIPFMC PLC 10,319 6,383
    TENCENT HOLDINGS LIMITED 9,681 9,552
    TEREX CORP 6,706 7,775
    TEXAS INSTRUMENTS INC 7,517 14,837
    TEXTRON INC 14,589 20,604
    THE COCA-COLA CO 7,642 8,476
    TJX COMPANIES INC 23,986 29,439
    TOKYO ELECTRON LTD 2,124 4,675
    TOTAL FINA ELF S.A 15,703 13,045
    TOTAL SYSTEMS SERVICES INC 12,449 19,510
    TRAVELERS COMPANIES INC 8,053 19,280
    TWITTER INC 6,910 5,403
    UBS AG 10,989 8,629
    UNILEVER N V N Y 22,103 26,631
    UNION PACIFIC 15,101 19,076
    UNITED PARCEL SERVICE 23,491 26,333
    UNITED TECHNOLOGIES CORP 7,950 10,009
    UNITEDHEALTH GROUP INC 32,825 49,325
    US BANCORP 9,048 8,043
    VERIZON COMMUNICATIONS 15,881 15,854
    VERTEX PHARMCTLS INC 14,019 16,074
    VISA INC 36,788 54,886
    VODAFONE GROUP PLC 13,412 7,461
    WAL-MART STORES INC 26,477 35,024
    WALT DISNEY HOLDINGS CO 42,760 56,798
    WASTE MANAGEMENT INC 8,868 18,599
    WELLS FARGO & CO 18,595 19,400
    WESTERN DIGITAL CORP 9,466 4,732
    WPP PLC 12,421 8,713
    WYNN MACAU 1,878 2,820
    XILINX INC 13,064 17,290
    ZIONS BANCORP 9,637 12,996
    ZOETIS INC 16,749 17,707

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    US Government Securities - End of Year Book Value:

    271,311
    US Government Securities - End of Year Fair Market Value:

    269,687
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 OtherExpensesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 21,856     21,856
    Bank Charges 1,391 1,391    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 97,819 97,819    
    Philanthropic Consulting Srvcs 8,800     8,800


    TY 2018 TaxesSchedule
    Name:
    Muna & Basem Hishmeh Foundation Inc
    EIN:
    65-1270242
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 6,100      
    990-PF Extension for 2017 2,412      
    Foreign Tax Paid 3,782 3,782