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
EDWIN T MEREDITH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1716 LOCUST STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DES MOINES, IA503093023
A Employer identification number

42-6059818
B Telephone number (see instructions)

(515) 245-3712
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$23,759,026J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 67,487 67,487  
4 Dividends and interest from securities... 580,660 580,660  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 511,991
b Gross sales price for all assets on line 6a 3,059,963
7 Capital gain net income (from Part IV, line 2)... 511,991
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)....... Click to see attachment 30,539    
12 Total. Add lines 1 through 11........ 1,190,677 1,160,138  
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 4,425 2,213   2,212
c Other professional fees (attach schedule).... Click to see attachment 27,437 27,437    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 73,710 1,103    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 105,572 30,753   2,212
25 Contributions, gifts, grants paid....... 996,500 996,500
26 Total expenses and disbursements. Add lines 24 and 25 1,102,072 30,753   998,712
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 88,605
b Net investment income (if negative, enter -0-) 1,129,385
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............. 40,872 144,584 144,584
2 Savings and temporary cash investments......... 213,033 160,590 160,590
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) 1,673,899 Click to see attachment1,987,682 1,977,699
b Investments—corporate stock (attach schedule)....... 10,595,943 Click to see attachment10,633,758 20,399,430
c Investments—corporate bonds (attach schedule)....... 1,408,136 Click to see attachment1,093,874 1,076,723
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) 13,931,883 14,020,488 23,759,026
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........ 9,939,943 9,939,943
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,991,940 4,080,545
30 Total net assets or fund balances (see instructions)..... 13,931,883 14,020,488
31 Total liabilities and net assets/fund balances (see instructions). 13,931,883 14,020,488
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
13,931,883
2
Enter amount from Part I, line 27a .....................
2
88,605
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,020,488
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
14,020,488
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 BESSEMER TRUST 8M4858 (SEE ATTACHED) P 2018-01-01 2018-12-31
b BESSEMER TRUST 8M4858 (SEE ATTACHED) P 2016-01-01 2018-12-31
c BESSEMER TRUST 8M4859 (SEE ATTACHED) P 2018-01-01 2018-12-31
d BESSEMER TRUST 8M4859 (SEE ATTACHED) P 2016-01-01 2018-12-31
e BESSEMER TRUST 8M4858 CAP GAIN DIST P 2016-01-01 2018-12-31
(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 158,682   163,135 -4,453
b 1,352,739   1,187,119 165,620
c 651,473   663,239 -11,766
d 518,192   534,479 -16,287
e 378,877     378,877
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       -4,453
b       165,620
c       -11,766
d       -16,287
e       378,877
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 2 511,991
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 911,800 25,819,800 0.035314
2016 1,240,090 23,230,029 0.053383
2015 882,322 18,694,080 0.047198
2014 890,660 16,210,351 0.054944
2013 798,355 15,506,266 0.051486
2
Total of line 1, column (d) .....................
2
0.242325
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
0.048465
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,896,111
5
Multiply line 4 by line 3......................
5
1,206,590
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,294
7
Add lines 5 and 6........................
7
1,217,884
8
Enter qualifying distributions from Part XII, line 4,.............
8
998,712
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 22,588
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 22,588
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 22,588
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 24,607
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 24,607
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,019
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,019 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)
    bulletIA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMATT JUFFER Telephone no.bullet (515) 245-3712

    Located atbullet666 GRAND AVENUE SUITE 2400DES MOINESIA ZIP+4bullet50309
    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
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    D MELL MEREDITH FRAZIER PRESIDENT
    000.00     		0 0 0
    1716 LOCUST STREET
    DES MOINES,IA503093023
    ET MEREDITH IV VICE PRESIDE
    000.00     		0 0 0
    1716 LOCUST STREET
    DES MOINES,IA503093023
    JOHN S ZIESER SECRETARY
    000.00     		0 0 0
    1716 LOCUST STREET
    DES MOINES,IA503093023
    CHERI A CIPPERLEY TREASURER
    000.00     		0 0 0
    1716 LOCUST STREET
    DES MOINES,IA503093023
    MICHAEL R FRAZIER DIRECTOR
    000.00     		0 0 0
    1716 LOCUST STREET
    DES MOINES,IA503093023
    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
    25,072,280
    b
    Average of monthly cash balances.......................
    1b
    202,960
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,275,240
    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
    25,275,240
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    379,129
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,896,111
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,244,806
    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
    1,244,806
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    22,588
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,588
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,222,218
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,222,218
    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
    1,222,218
    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
    998,712
    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
    998,712
    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
    998,712
    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 1,222,218
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 173,589
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 998,712
    a Applied to 2017, but not more than line 2a 173,589
    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..... 825,123
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		397,095
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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
    BOYS AND GIRLS CLUB OF CENTRAL IOWA
    1421 WALKER STREET
    DES MOINES,IA50316     		NONE PUBLIC CIVIC AND CULTURAL 50,000
    IOWA NATURAL HERITAGE FOUNDATION
    505 5TH AVE SUITE 444
    DES MOINES,IA50309     		NONE PUBLIC CIVIC AND CULTURAL 10,000
    CONNECTION CAFE
    815 HIGH STREET
    DES MOINES,IA50309     		NONE PUBLIC CIVIC AND CULTURAL 5,000
    SCIENCE CENTER OF IOWA
    401 MARTIN LUTHER KING JR
    DES MOINES,IA50309     		NONE PUBLIC EDUCATIONAL 75,000
    SIMPSON COLLEGE
    701 NORTH C STREET
    INDIANOLA,IA50125     		NONE PUBLIC EDUCATIONAL 10,000
    WYOMING STATE 4H
    1000 E UNIVERSITY AVE
    LARAMIE,WY82071     		NONE PUBLIC EDUCATIONAL 10,000
    DES MOINES PERFORMING ARTS
    221 WALNUT STREET
    DES MOINES,IA50309     		NONE PUBLIC CIVIC AND CULTURAL 3,500
    SARASOTA MEMORIAL HEALTHCARE
    FOUNDATION
    1515 S OSPREY AVE
    SUITE B4
    SARASOTA,FL34239     		NONE PUBLIC HEALTH AND RELIGION 1,000
    BRADFORD BRINTON MUSEUM
    239 BRINTON ROAD
    BIG HORN,WY82832     		NONE PUBLIC CIVIC AND CULTURAL 120,000
    MOTE MARINE LABORATORY & AQUAR
    1600 KEN THOMPSON PARKWAY
    SARASOTA,FL34239     		NONE CHARITY EDUCATIONAL 20,000
    REPRODUCTIVE HEALTHCARE OF THE BIG
    HORN
    128 S THURMOND
    SHERIDAN,WY82801     		NONE CHARITY HEALTH AND RELIGION 7,500
    CHARLIE RUSSELL RIDERS FOUNDATION
    PO BOX 1284
    BIGFORK,MT59911     		NONE CHARITY CIVIC AND CULTURAL 5,000
    SOSS2 INC
    5300 OCEAN BLVD SUITE 201
    SARASOTA,FL34242     		NONE CHARITY EDUCATIONAL 10,000
    NATE'S HONOR ANIMAL RESCUE
    4951 LORRIANE ROAD
    BRADENTON,FL34211     		NONE CHARITY CIVIC AND CULTURAL 1,500
    YOUTH HOMES OF MID AMERICA
    PO BOX 39
    JOHNSTON,IA50131     		NONE CHARITY CIVIC AND CULTURAL 2,500
    MAINFRAME STUDIOS
    900 KEOSAUQUA WAY
    DES MOINES,IA50309     		NONE CHARITY CIVIC AND CULTURAL 100,000
    COUGAR TOUCHDOWN CLUB
    PO BOX 2422
    EVERGREEN,CO80437     		NONE CHARITY CIVIC AND CULTURAL 30,000
    ANAWIM HOUSING FOUNDATION
    1171 7TH STREET SUITE 1
    DES MOINES,IA50314     		NONE CHARITY CIVIC AND CULTURAL 1,000
    ANIMAL AID INC
    571 NE 44TH ST
    OAKLAND PARK,FL33334     		NONE CHARITY CIVIC AND CULTURAL 10,000
    SECOND CHANCE CAT RESCUE
    1850 GABRIELLE COURT
    SHERIDAN,WY82801     		NONE CHARITY CIVIC AND CULTURAL 1,000
    CHRYSALIS FOUNDATION
    300 EAST LOCUST ST
    SUITE 245
    DES MOINES,IA50309     		NONE CHARITY CIVIC AND CULTURAL 1,000
    BRIDGES OF IOWA INC
    1211 VINE ST 1110
    WEST DES MOINES,IA50265     		NONE CHARITY HEALTH AND RELIGION 15,000
    GUY HARVEY OCEAN FOUNDATION
    10408 WEST STATE ROAD 84
    SUITE 104
    DAVIE,FL33324     		NONE CHARITY EDUCATIONAL 2,500
    SHERIDAN MEMORIAL HOSPITAL
    FOUNDATION
    1401 W 5TH ST
    SHERIDAN,WY82801     		NONE CHARITY HEALTH AND RELIGION 5,000
    STATE UNIVERSITY OF IOWA FOUNDATION
    PO BOX 4550
    IOWA CITY,IA52244     		NONE CHARITY HEALTH AND RELIGION 500,000
    Total .................................bullet 3a 996,500
    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 67,487  
    4 Dividends and interest from securities....     14 580,660  
    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 ............     		    18 511,991  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    14 5,932  
    bFEDERAL REFUND     14 24,607  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,190,677  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,190,677
    (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:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,425 2,213   2,212

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ENSCO PLC 5,269 4,575
    FED NATL MTG ASSOC 1.875% DUE 2/19/ 10,046 9,991
    UNITEDHEALTH GRP INC SR 6.000% DUE 2    
    PUB SVC ELEC & GAS 2.300% DUE 09/15/    
    ROPER TECHNOLOGIES 2.050% DUE 10/01/    
    DOMIMION RESOURCES INC 1.875% DUE 1/ 59,958 59,959
    CATERPILLAR INC 1.350% DUE 05/18/201 69,960 69,581
    HONEYWELL INTERNATIONAL 1.8% DUE 10/ 59,991 59,412
    AMERICAN HONDA FINANCE 2% DUE 11/13/ 29,983 29,795
    CA INC 5.375% DUE 12/1/2019 30,771 30,386
    SOUTHERN POWER CO 1.950% DUE 12/15/2 74,981 73,869
    NOVARTIS CAPITAL CORP 1.800% DUE 02/ 59,765 59,320
    PEPSICO INC 1.850% DUE 04/30/2020    
    ABBVIE INC 2.500% DUE 05/14/2020 70,332 69,325
    VMWARE INC 2.300% DUE 08/21/2020    
    WALMART STORES INC 1.9% DUE 12/15/20 29,982 30,307
    JPMORGAN CHASE & CO 1.656% DUE 03/09 40,000 39,807
    NATIONAL RURAL UTIL COOP 2.900% DUE 29,804 29,862
    INTL LEASE FINANCE CORP 4.625% DUE 4 31,278 30,284
    TYSN FOODS INC 2.25% DUE 8/23/2021 59,591 58,101
    CAPITAL ONE FIN CO 2.056% DUE 03/09/ 75,045 73,788
    GOLDMAN SACHS GROUP INC 2.312% DUE 0 27,012 26,235
    OMNICOM GROUP INC 3.65% DUE 11/1/202 61,682 58,109
    VERIZON COMMUNICATIONS 3.500% DUE 08 30,353 29,661
    GOLDMAN SACHS GROUP INC 3.483% DUE 0 30,071 28,793
    JPMORGAN CHASE & CO 3.200% DUE 06/15 9,914 9,422
    JPMORGAN CHASE & CO 4.203% DUE 07/23 15,025 14,963
    HASBRO INC    
    WESTPAC BANKING CORP (INTL) 1.55% DU    
    TORONTO-DOMINION BANK FRN 0.846% DUE 44,698 45,037
    DIAGEO CAPITAL PLC 2.625% DUE 04/29/ 62,262 63,051
    BP CAPITAL MARKETS PLC 3.279% DUE 9/ 40,228 38,094
    COMM MTG RE 3.288% DUE 12/10/2044 9,949 9,830
    GS MORTGAGE SERCURITIES COR 3.482% D 25,924 25,166

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MEREDITH CORP 92,412 SHS 37,386 4,799,879
    MEREDITH CORP CLASS B 92,412 SHS 37,386 4,749,976
    AMAZON.COM INC. 55,545 105,137
    BOOKING HLDS INC 53,950 60,284
    COMCAST CORP    
    HOME DEPOT 40,002 49,827
    NIKE INC CL B 44,198 63,389
    PRICELINE GROUP INC    
    ALTRIA GROUP INC    
    CHURCH & DWIGHT INC 52,252 75,295
    PEPSICO INC 59,859 64,078
    CONOCOPHILLIPS 72,052 78,872
    PIONEER NATURAL RESOURCES 40,598 28,934
    ENERGY SELECT SECTOR    
    BLACKROCK INC 40,098 29,854
    CHUBB LIMITED 62,174 65,881
    CITIGROUP INC 62,029 53,882
    CME GROUP INC 38,404 39,505
    DISCOVER FINANCIAL SVCS 63,601 63,993
    KEYCORP NEW 58,917 59,267
    MORGAN STANLY GRP INC 49,664 56,897
    ALEXION PHARMACEUTICAL    
    BAXTER INTERNATIONAL INC 55,420 69,111
    BRISTOL-MYERS SQUIBB    
    DANAHER CORP 59,693 76,308
    LILLY ELI & CO    
    PFIZER INC 71,507 74,205
    THERMO FISHER SCIENTIFIC 38,374 79,445
    UNITEDHEALTH GROUP INC 52,687 49,824
    ZOETIS INC 58,925 70,570
    CINTAS CORP 60,144 60,476
    FORTIVE 46,137 50,745
    J B HUNT TRANSPORT    
    RAYTHEON CO NEW 45,491 57,659
    WASTE MANAGEMENT INC NEW 24,573 24,917
    ACTIVISION BLIZZARD INC 52,596 39,118
    ALPHABET INC CLASS C 53,655 79,741
    DISNEY (WALT) HOLDINGS CO 40,691 38,377
    APPLE INC 27,923 67,828
    BROADCOM LTD    
    FIDELITY NATL INFO SVCS 69,988 87,167
    MICROSOFT CORP 80,443 127,470
    PAYPAL HOLDINGS INC.    
    SALESFORCE COM 44,832 49,309
    SEVICE NOW INC 39,808 40,951
    VISA INC. 54,787 87,080
    AMERICAN TOWN CORP 51,700 50,620
    DOW DU PONT INC    
    AMEREN CORP 42,573 42,399
    AMERICAN WATER WORKS CO 36,176 51,285
    SAFRAN SA 68,913 66,361
    ENCANA CORP    
    ENI S.P.A.    
    NORDEA BANK    
    ALIBABA GROUP HOLDINGS 24,330 35,638
    RIO TINTO LTD 28,554 38,427
    OW LARGE CAP STARTEGIES FD 4,306,994 4,749,983
    OW GLOBAL SML & MID CAP FD 1,698,161 1,517,243
    OW STRATEGIC OPPPORTUNITIES FD 2,530,568 2,172,223

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    US Government Securities - End of Year Book Value:

    1,987,682
    US Government Securities - End of Year Fair Market Value:

    1,977,699
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 OtherIncomeSchedule2
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 5,932    
    FEDERAL REFUND 24,607    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 194 194    
    INVESTMENT FEES 27,238 27,238    
    ADR FEES 5 5    


    TY 2018 TaxesSchedule
    Name:
    EDWIN T MEREDITH FOUNDATION
    EIN:
    42-6059818
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 1,103 1,103    
    FEDERAL TAX PAID 72,607