Frank E Duckwall Foundation — Form 990PF, tax year 2018

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Form990-PF
Click to see attachment

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
Frank E Duckwall Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 3351
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Tampa, FL33601
A Employer identification number

59-6773462
B Telephone number (see instructions)

(813) 634-4172
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$7,632,414J 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 67,638 67,638  
4 Dividends and interest from securities... 170,647 170,647  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 355,014
b Gross sales price for all assets on line 6a 4,430,561
7 Capital gain net income (from Part IV, line 2)... 355,014
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........ 593,299 593,299  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 32,000 16,000   16,000
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 5,270      
c Other professional fees (attach schedule).... Click to see attachment 50,853 50,853    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,344 1,344    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,978     4,978
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 14,349     14,349
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 108,794 68,197   35,327
25 Contributions, gifts, grants paid....... 418,267 418,267
26 Total expenses and disbursements. Add lines 24 and 25 527,061 68,197   453,594
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 66,238
b Net investment income (if negative, enter -0-) 525,102
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......... 438,534 240,819 240,819
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)      
b Investments—corporate stock (attach schedule)....... 4,021,126 Click to see attachment4,378,284 4,983,499
c Investments—corporate bonds (attach schedule)....... 2,505,813 Click to see attachment2,404,182 2,403,596
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) Click to see attachment4,500 Click to see attachment4,500 Click to see attachment4,500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,969,973 7,027,785 7,632,414
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 6,969,973 7,027,785
30 Total net assets or fund balances (see instructions)..... 6,969,973 7,027,785
31 Total liabilities and net assets/fund balances (see instructions). 6,969,973 7,027,785
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
6,969,973
2
Enter amount from Part I, line 27a .....................
2
66,238
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,329
4
Add lines 1, 2, and 3 ..........................
4
7,038,540
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
10,755
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,027,785
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 5305 shs AT&T Inc P 2017-09-26 2018-05-08
b 300 shs Blackrock Inc P 2018-02-26 2018-07-17
c 2475 shs Bristol-Myers Squibb Co P 2017-07-12 2018-06-05
d 2025 shs Dominion Energy Inc P 2018-02-26 2018-04-16
e 5056 shs Enbridge Inc P 2016-08-09 2018-05-08
2775 shs Fidelity National Financial Inc P 2018-02-26 2018-10-03
6350 shs Hanesbrands Inc P 2017-07-11 2018-03-28
1020 shs International Business Machines Com P 2017-12-15 2018-07-17
3400 shs IShares Intermediate-Term Corporate Bond P 2017-09-22 2018-06-15
1175 shs Ishares Short-Term Corporate Bond ETF P 2017-09-22 2018-06-15
2935 shs Qualcomm Inc P 2017-07-12 2018-05-08
3175 shs Southern Co P 2017-07-12 2018-02-26
1900 shs Starbucks Corp P 2017-09-22 2018-06-05
1350 shs Texas Instruments Inc P 2018-06-05 2018-10-03
1663 shs Eaton Corp PLC P 2018-10-03 2018-11-14
Cap Gain Div Sec 1250 P   2018-12-31
Capital Gain Dividends P   2018-12-31
5305 shs AT&T Inc P 2016-10-24 2018-05-08
1800 shs Abbvie Inc P 2013-01-24 2018-07-17
1030 shs Air Products & Chemicals Inc P 2017-02-06 2018-07-17
550 shs BB&T Corp P 2011-01-06 2018-02-26
75 shs Boeing Co P 2016-08-16 2018-02-26
1300 shs Cisco Systems Inc P 2016-04-19 2018-02-26
1865 shs Duke Energy Corp P 2016-08-09 2018-02-26
5056 shs Enbridge Inc P 2016-08-09 2018-05-08
1930 shs Genuine Parts Co P 2017-07-12 2018-10-03
1250 shs Johnson & Johnson Com P 2017-02-06 2018-02-26
500 shs Lockheed Martin Corp P 2017-03-06 2018-07-17
550 shs Microsoft Corp P 2011-06-15 2018-06-05
350 shs Paychek Inc P 2009-05-01 2018-06-05
2220 shs Procter & Gamble Co P 2016-08-09 2018-06-05
2935 shs Qualcomm Inc P 2017-03-06 2018-05-08
3175 shs Southern Co P 2015-09-25 2018-02-26
200000 shs Southern Co SR NT DTD P 2014-06-24 2018-09-01
780 shs 3M Company Common P 2015-10-13 2018-06-05
2100 shs Welltower Inc P 2013-12-12 2018-04-16
200000 shs Western Union Co P 2013-04-25 2018-08-22
1120 shs Chubb Limited Com P 2016-02-04 2018-06-05
Litigation Proceeds- Haliburton Sec. P 2008-01-01 2018-10-12
(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 51,528   61,713 -10,185
b 151,187   168,115 -16,928
c 128,158   138,604 -10,446
d 130,356   153,712 -23,356
e 38,953   50,340 -11,387
108,825   112,003 -3,178
117,444   144,805 -27,361
146,770   155,609 -8,839
361,103   374,483 -13,380
121,699   123,732 -2,033
18,362   19,301 -939
22,022   23,770 -1,748
105,880   104,577 1,303
146,185   158,049 -11,864
121,077   145,363 -24,286
339     339
937     937
116,690   135,615 -18,925
178,658   67,317 111,341
160,369   140,855 19,514
30,478   14,865 15,613
27,128   10,094 17,034
58,507   36,817 21,690
145,459   96,867 48,592
118,604   77,505 41,099
188,767   181,937 6,830
165,155   89,685 75,470
158,880   133,894 24,986
53,952   13,164 40,788
23,416   9,457 13,959
162,122   168,810 -6,688
135,619   142,894 -7,275
117,820   118,788 -968
200,000   200,000  
161,075   116,659 44,416
110,184   61,941 48,243
200,000   200,000  
146,307   124,207 22,100
546     546
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       -10,185
b       -16,928
c       -10,446
d       -23,356
e       -11,387
      -3,178
      -27,361
      -8,839
      -13,380
      -2,033
      -939
      -1,748
      1,303
      -11,864
      -24,286
      339
      937
      -18,925
      111,341
      19,514
      15,613
      17,034
      21,690
      48,592
      41,099
      6,830
      75,470
      24,986
      40,788
      13,959
      -6,688
      -7,275
      -968
       
      44,416
      48,243
       
      22,100
      546
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 2 355,014
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 432,869 8,027,188 0.05393
2016 426,819 7,837,943 0.05446
2015 690,453 8,002,297 0.08628
2014 441,410 8,415,120 0.05245
2013 472,145 8,048,541 0.05866
2
Total of line 1, column (d) .....................
2
0.305778
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
0.061156
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,934,779
5
Multiply line 4 by line 3......................
5
485,259
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,251
7
Add lines 5 and 6........................
7
490,510
8
Enter qualifying distributions from Part XII, line 4,.............
8
453,594
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 10,502
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 10,502
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 10,502
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 11,600
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,098
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,098 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
 
No
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)
    bulletFL
    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 ofbulletSandra Tolle Telephone no.bullet (813) 634-4172

    Located atbullet2914 Ponderosa TrailWimaumaFL ZIP+4bullet335987519
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    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
    Frank J Rief III Trustee
    1.00     		16,000    
    2611 Bayshore Blvd 907
    Tampa,FL336297433
    G Lowe Morrison Trustee
    1.00     		16,000    
    1807 Moccasin Hollow Road
    Sarasota,FL34240
    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  
    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
    7,689,911
    b
    Average of monthly cash balances.......................
    1b
    365,702
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,055,613
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,055,613
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    120,834
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,934,779
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    396,739
    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
    396,739
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,502
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,502
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    386,237
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    386,237
    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
    386,237
    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
    453,594
    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
    453,594
    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
    453,594
    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 7 386,237
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 75,447
    b From 2014...... 32,585
    c From 2015...... 299,442
    d From 2016...... 47,059
    e From 2017...... 43,065
    fTotal of lines 3a through e........ 497,598
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 453,594
    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)........     		0
    d Applied to 2018 distributable amount..... 386,237
    e Remaining amount distributed out of corpus 67,357
    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 5 564,955
    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) ...     		75,447
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		489,508
    10 Analysis of line 9:
    a Excess from 2014.... 32,585
    b Excess from 2015.... 299,442
    c Excess from 2016.... 47,059
    d Excess from 2017.... 43,065
    e Excess from 2018.... 67,357
    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 e-mail address of the person to whom applications should be addressed:
    Sandra Tolle
    PO Box 3351
    Tampa,FL336013351
    (813) 634-4172
    bThe form in which applications should be submitted and information and materials they should include:
    Application explaining need and intended use
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Charitable, Medical, Cultural, Educational, Literacy & Scientific Purposes in the Tampa Bay, Florida area
    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
    The Chiselers Inc
    401 W Kennedy Blvd PO Box 103F
    Tampa,FL33606     		N/A Pub Char Funds to support the Chiselers Preview Party 2,500
    Junior League of Tampa
    87 Columbia Drive
    Tampa,FL33606     		N/A Pub Char Funding for Mobile Interactive Library Opportunity program. 1,500
    H Lee Moffitt Cancer Center
    12902 Magnolia Drive
    Tampa,FL33612     		N/A Pub Char Funding for 2018 Summer Student Intern Program. 25,000
    Poynter Institute
    801 3rd Street South
    St Petersburg,FL33701     		N/A Pub Char First installment to sponsor the Poynter Community Conversations for 2018/2019. 12,500
    Henry B Plant Museum
    401 W Kennedy Blvd
    Tampa,FL33606     		N/A Pub Char Funding to assist in underwriting the Mayor's Crescent Club Dinner. 3,000
    St Josephs Hospitals Foundation
    2700 W Dr MLK Jr Blvd Ste 310
    Tampa,FL33607     		N/A Pub Char Sponsorship of Golf Classic 3,600
    Meals on Wheels
    550 W Hillsborough Avenue
    Tampa,FL33603     		N/A Pub Char Ongoing support 5,000
    Society of St Andrew
    PO Box 536842
    Orlando,FL32853     		N/A Pub Char Funding to be used for the Gleaning Network and Potato / Produce Programs in the Tampa Bay area. 5,000
    The Studio620
    620 First Avenue South
    St Petersburg,FL33701     		N/A Pub char Funding to be used to purchase the Stage LED Wash Lights, Light Board Console and Standing Stage Lights. 5,685
    Tampa Theatre
    711 North Franklin Street
    Tampa,FL33602     		N/A Pub Char Second Installment for section of 24 seats in the Mezzanine section of the theatre. 10,000
    The Childrens Home Inc
    10909 Memorial Highway
    Tampa,FL33615     		N/A Pub Char Funding to be used towards the purchase of twelve dressers for Kids Village Cottage. 10,000
    Westcoast Black Theatre Troupe
    PO Box 1086
    Sarasota,FL34230     		N/A Pub Char Funding for building renovations. 25,000
    Tampa Bay History Center
    801 Old Water Street
    Tampa,FL33602     		N/A Pub Char First installment of the challenge grant to be used for Charting the Future expansion. 25,000
    Community Foundation of Tampa Bay Inc
    4300 Cypress Street Ste 700
    Tampa,FL33607     		N/A Pub Char Funding for the Florida Humanities Council Challenge Grant and The Home Association's Agency endowment. 8,000
    Chapters Health System
    12470 Telecom Drive Ste 300
    Temple Terrace,FL33637     		N/A Pub Char Funding for Lifepath Hospice care in Hillsborough County. 3,000
    The Poynter Institute
    801 Third Street South
    St Petersburg,FL33701     		N/A Pub Char Funding for the BowTie Ball. 5,000
    Tampa Metropolitan Area YMCA
    110 East Oak Avenue
    Tampa,FL33602     		N/A Pub Char Second installment of challenge grant for capital campaign. 25,000
    Stageworks Theatre
    1120 E Kennedy Blvd West Blg 151
    Tampa,FL33602     		N/A Pub Char Funding to be used for the "Dare to Be Great Live Auction". 5,000
    Friends of Arts & Humanities Inc
    1226 N Tamiami Trail Suite 101
    Sarasota,FL34236     		N/A Pub Char Funding to be used to purchase computers and printers for the Ground Works initiative project. 6,892
    Ringling College of Art Design
    2700 North Tamiami Trail
    Sarasota,FL34234     		N/A Pub Char Third installment of the challenge grant to be used towards the construction of a 21st century library commons. 30,000
    Gasparilla Music Festival
    Post Office Box 172986
    Tampa,FL33672     		N/A Pub Char Funding to be used to purchase equipment. 3,600
    Coastal Conversation Association
    4061 Forrestal Avenue
    Orlando,FL32806     		N/A Pub Char Funding to be used to purchase two Multi-Antenna HDX Readers and one YSI Water Qualify Meter. 10,215
    Education Foundation of Sarasota Co
    1960 Landings Blvd Ste 120
    Sarasota,FL34231     		N/A Pub Char Funding used to support one school-wide grant project. 10,000
    The Florida Aquarium
    701 Channelside Drive
    Tampa,FL33602     		N/A Pub Char Challenge grant to be paid over 5 year period. 50,000
    Tampa Regional Artists
    705 W Swann Avenue
    Tampa,FL33606     		N/A Pub Char Funding to support the Doodads Repurposed Competition for the school year. 2,500
    State College of Florida Foundation
    Post Office Box 1849
    Bradenton,FL34206     		N/A PC First installment of the challenge grant to be used towards the construction of the Visualization Theatre Classroom. 25,000
    Safety Harbor Art Music Center
    706 2nd Street North
    Safety Harbor,FL34695     		N/A PC Funding to be used to purchase items from 2018 wish list. 5,000
    Girl Scouts of West Central Florida
    4610 Eisenhower Blvd
    Tampa,FL33634     		N/A PC Funding to purchase the Commercial Food warmer. 2,000
    The Colonial Dames
    7326 S Trask Street
    Tampa,FL33616     		N/A PC Funding to bring Mr. Ian Rose to Tampa in 2019 to portray Alexander Hamilton. 4,000
    The Circus Arts Conservatory
    2075 Bahia Vista Street
    Sarasota,FL34239     		N/A PC Funding to be used for operations and programs. 25,000
    Preserve Vision Florida
    9200 Seminole Blvd Second Fl
    Seminole,FL33772     		N/A PC Funding to purchase Welch Allyn Spot Vision Screener. 9,400
    Warehouse Arts District Association
    515 22nd Street South
    St Petersburg,FL33712     		N/A PC Funding to purchase a security system. 10,000
    University of South Florida Foundat
    4202 E Fowler Avenue ALC100
    Tampa,FL33620     		N/A PC Challenge grant. 25,000
    Academy Prep of St Petersburg
    2301 22nd Avenue South
    St Petersburg,FL33712     		N/A PC Funding to assist with building DREAMS capital campaign. 10,000
    Hyde Park United Methodist Church
    1001 N Florida Avenue
    Tampa,FL33602     		N/A PC Funding to purchase and install a 50 gallon grease trap at The Portico Cafe. 9,875
    Total .................................bullet 3a 418,267
    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 67,638  
    4 Dividends and interest from securities....     14 170,647  
    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 ............     		    18 355,014  
    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)..   593,299  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    593,299
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 5,270 0 0 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Emerson Electric 4.875% 10/15/19 197,108 202,778
    Johnson & Johnson 101,187 101,891
    AT&T Inc Glbl Nt 4.45% 5/15/21 201,645 204,332
    Oracle Corp Nt 2.375% 1/15/19 200,118 199,952
    Pepsico Inc Nt 2.25% 1/7/19 200,065 199,976
    Western Union Co Nt 3.65% 8/22/18    
    Berkshire Hathaway Inc Note DTD 201,826 200,686
    Netapp, Inc Sr Glbl Nt Dtd 201,619 199,244
    Raytheon Co Sr Nt Dtd 12/04/2012 197,038 194,902
    Southern Co Sr Nt Dtd 08/27/2013    
    Apple Inc Sr Nt Dtd 09/14/2010 201,309 197,772
    Ishares Intermediate Credit Sd    
    Ishares 1-3 Year Credit Bond Etf    
    Blackrock Inc Mtn Dtd 50,360 50,373
    IBM Credit LLC 99,126 98,875
    Novartis Capital Corp GTD Note 102,480 102,168
    Toronto Dominion Bank FR DTD 2.5% 197,629 198,028
    Walmart Inc DTD 3.125% 6/27/18 150,007 151,067
    Cisco Systems Inc SR Unsecured DTD 102,665 101,552

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M Co    
    Duke Energy Corp 97,050 107,271
    Microsoft Corp 41,402 154,894
    Paychex Inc 64,309 151,474
    Pepsico Inc 84,130 162,958
    United Parcel Service 92,288 129,227
    BB&T Corp 81,757 131,043
    Cisco Systems Inc 109,151 164,221
    Abbvie Inc Com    
    Procter & Gamble Co    
    Exxon Mobil Corp 151,336 128,879
    Welltower Inc Com    
    Amgen Inc 137,406 159,629
    Pfizer Inc 198,853 253,170
    Southern Co 96,505 95,438
    Genuine Parts Co    
    Bank of Montreal Com 139,950 142,136
    Chubb Limited Com    
    Boeing Co 72,676 174,150
    Apple Inc 81,847 107,263
    Air Products & Chemicals Inc    
    AT&T Inc    
    QualComm Inc    
    Hanesbrands Inc    
    Starbucks Corp    
    Enbridge Inc Com    
    CME Group Inc 141,601 187,932
    Public Storage 112,500 106,265
    Bristol-Myers Squibb Co    
    Medtronic Plc Shs 109,482 125,070
    International Business Machines    
    Lockheed Martin Corp    
    Verizon Communications Inc 150,361 179,735
    Home Depot Inc 119,373 115,979
    Mcdonald's Corp 127,684 137,617
    Archer-Daneils-Midland CO 151,510 129,998
    Diageo PLC Sponsored ADR New 44,278 42,540
    General Mills Inc 126,343 108,253
    Sysco Corp 146,354 146,248
    Unilever PLC Sponsored ADR New 154,699 144,994
    Walgreens Boots Alliance Inc Com 169,965 157,296
    Occidental Petroleum Corp 106,451 96,674
    Royal Dutch Shell PLC ADR 110,129 91,708
    AFLAC INC 114,644 115,039
    JPMorgan Chase & Co Com 159,686 131,787
    Merck & Co Inc 147,784 183,384
    Emerson Electric Co 119,940 98,588
    Waste Management Inc 157,956 167,924
    Automatic Data Processing Inc 43,710 42,614
    Prologis Inc 144,535 132,766
    American Water Works Co Inc 162,250 167,743
    Nextera Energy Inc 108,389 111,592

    TY 2018 OtherAssetsSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Artwork -Mann Wagnon Memorial Park on th 4,500 4,500 4,500


    TY 2018 OtherDecreasesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Estimated Tax Payments 10,755


    TY 2018 OtherExpensesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Expenses 11,639     11,639
    Dues 2,390     2,390
    Other Costs 320     320


    TY 2018 OtherIncreasesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Book/Tax Difference 2,329


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Mgmt Fees 50,853 50,853 0 0


    TY 2018 TaxesSchedule
    Name:
    Frank E Duckwall Foundation
    EIN:
    59-6773462
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 1,344 1,344