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
JOE AND ARLENE WATT FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 6085
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHERIDAN, WY82801
A Employer identification number

83-0330482
B Telephone number (see instructions)

(307) 672-1498
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$22,891,146J 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) 225
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 531,219 531,219  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 802,100
b Gross sales price for all assets on line 6a 9,408,340
7 Capital gain net income (from Part IV, line 2)... 802,100
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 14,324 14,324  
12 Total. Add lines 1 through 11........ 1,347,868 1,347,643  
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 1,800 1,350   450
c Other professional fees (attach schedule).... Click to see attachment 124,432 120,700   3,732
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,468 3,801   12
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 214 107   107
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 172,914 125,958   4,301
25 Contributions, gifts, grants paid....... 1,205,031 1,205,031
26 Total expenses and disbursements. Add lines 24 and 25 1,377,945 125,958   1,209,332
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -30,077
b Net investment income (if negative, enter -0-) 1,221,685
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......... 694,281 2,663,428 2,663,428
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) 3,069,202 Click to see attachment3,805,777 3,765,549
b Investments—corporate stock (attach schedule)....... 11,312,606 Click to see attachment9,038,625 12,262,598
c Investments—corporate bonds (attach schedule)....... 3,826,964 Click to see attachment3,382,578 3,342,513
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 756,507 Click to see attachment739,991 853,809
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,165 Click to see attachment3,249 Click to see attachment3,249
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,663,725 19,633,648 22,891,146
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........ 19,663,725 19,633,648
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 19,663,725 19,633,648
31 Total liabilities and net assets/fund balances (see instructions). 19,663,725 19,633,648
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
19,663,725
2
Enter amount from Part I, line 27a .....................
2
-30,077
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
19,633,648
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
19,633,648
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 904.646-DFA US SMALL CAP PORTFOLIO P 2018-12-24 2018-12-26
b 6865.963-FIDELITY INTERNATIONAL INDE P 2018-01-08 2018-12-24
c 150000-STATE STREET CORP 1.35% 15 MA P 2017-04-07 2018-05-15
d 0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-05-01
e 0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-10-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-12-03
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-07-02
4097.894-VANGUARD EMERGING MARKETS S P 2014-11-28 2018-04-16
7.278-DFA EMERGING MARKETS SMALL CAP P 2014-06-10 2018-12-24
1300-CELGENE CORP P 2012-12-11 2018-08-31
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-06-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-04-02
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-03-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-06-01
552.031-HARBOR INTERNATIONAL FUND P 2006-01-11 2018-01-05
713-ENERGY SELECT SECTOR SPDR FUND P 2018-11-02 2018-12-24
6865.738-FIDELITY INTERNATIONAL INDE P 2018-01-08 2018-11-02
3060-CITIGROUP INC P 2017-02-23 2018-11-02
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-06-01
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-11-01
6164.384-DFA GLOBAL REAL ESTATE SECU P 2016-07-08 2018-12-24
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-08-01
14200-FORD MOTOR CO P 2014-10-29 2018-03-14
2394.636-DFA EMERGING MARKETS SMALL P 2014-04-28 2018-12-24
1524-CELGENE CORP P 2012-12-11 2018-10-05
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-07-02
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-05-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-04-02
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-07-02
604.752-HARBOR INTERNATIONAL FUND P 2005-08-17 2018-01-05
133-FINANCIAL SELECT SECTOR SPDR FUN P 2018-11-02 2018-12-24
10515-GENERAL ELECTRIC CO P 2017-10-17 2018-02-01
700-WALT DISNEY CO/THE P 2017-02-23 2018-11-09
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-07-02
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-12-03
2239.926-DFA EMERGING MARKETS SMALL P 2016-06-07 2018-12-26
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-09-04
15.585-DFA EMERGING MARKETS SMALL CA P 2014-09-10 2018-12-24
120-CELGENE CORP P 2014-04-15 2018-10-05
2864-ROCHE HOLDINGS AG SPN ADR EACH P 2012-12-11 2018-04-03
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-08-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-06-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-05-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-08-01
792-QUALCOMM INC P 2005-08-05 2018-08-14
8768-FINANCIAL SELECT SECTOR SPDR FU P 2018-11-02 2018-12-26
8166-GENERAL ELECTRIC CO P 2017-07-26 2018-02-01
1600-QUALCOMM INC P 2017-02-23 2018-04-16
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-08-01
250000-JPMORGAN CHASE & CO 1.625% 15 P 2016-08-29 2018-05-15
5821.69-DFA US SMALL CAP PORTFOLIO P 2016-06-07 2018-12-26
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-10-01
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-01-01
900-APPLE INC P 2014-03-28 2018-11-02
85-UNITEDHEALTH GROUP INC P 2012-09-27 2018-08-14
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-09-04
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-07-02
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-06-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-09-04
527.984-HARBOR INTERNATIONAL FUND P 2004-09-08 2018-01-05
2856-TECHNOLOGY SELECT SECTOR SPDR F P 2018-08-14 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-01-01
1257.762-DFA EMERGING MARKETS SMALL P 2017-02-23 2018-12-24
2028774-FANNIE MAE REMICS FNR 2012-5 P 2016-10-07 2018-09-20
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-01-01
1098.147-VANGUARD EMERGING MARKETS S P 2016-06-07 2018-04-16
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-11-01
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-02-01
50000-JPMORGAN CHASE & CO VARIABLE 1 P 2014-01-30 2018-03-29
600-UNITEDHEALTH GROUP INC P 2012-09-18 2018-08-14
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-10-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-08-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-07-02
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-10-01
500-COSTCO WHOLESALE CORP P 2004-07-07 2018-05-18
1749-MATERIALS SELECT SECTOR SPDR FU P 2018-06-07 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-02-01
5247.279-DFA EMERGING MARKETS SMALL P 2017-02-23 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-09-04
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-02-01
1356-CELGENE CORP P 2016-04-18 2018-10-05
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-12-03
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-03-01
400-COSTCO WHOLESALE CORP P 2014-01-13 2018-05-18
50000-FEDERAL HOME LOAN MORTGAGE COR P 2012-09-17 2018-08-22
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-11-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-09-04
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-08-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-11-01
659.806-HARBOR INTERNATIONAL FUND P 2004-07-07 2018-01-05
3735-CONSUMER STAPLES SELECT SECTOR P 2018-05-18 2018-11-02
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-03-01
6081.667-DFA US SMALL CAP PORTFOLIO P 2017-02-23 2018-12-26
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-01-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-03-01
268-MCKESSON CORP P 2016-04-18 2018-12-24
2210-APACHE CORP P 2015-09-16 2018-04-03
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-04-02
375-SCHLUMBERGER LTD P 2013-12-10 2018-11-09
1120-JPMORGAN CHASE & CO P 2012-05-25 2018-03-14
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-12-03
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-10-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-09-04
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-12-03
325-SCHLUMBERGER LTD P 2004-04-05 2018-11-09
1506-TECHNOLOGY SELECT SECTOR SPDR F P 2018-05-18 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-04-02
13812.154-EATON VANCE FLOATING-RATE P 2017-02-02 2018-12-24
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-02-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-04-02
237-QUALCOMM INC P 2016-03-11 2018-08-14
1040-APACHE CORP P 2015-09-14 2018-04-03
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-05-01
750-UNION PACIFIC CORP P 2013-11-20 2018-06-07
1000-JPMORGAN CHASE & CO P 2012-05-25 2018-03-15
415-UNITEDHEALTH GROUP INC P 2011-05-19 2018-08-14
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-11-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-10-01
0-FREDDIE MAC REMICS FHR 2622 PE 4.5 P 2007-08-10 2018-01-01
1117.675-HARBOR INTERNATIONAL FUND P 2004-04-05 2018-01-05
6449-FINANCIAL SELECT SECTOR SPDR FU P 2018-03-27 2018-12-24
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-05-01
732-MCKESSON CORP P 2016-11-02 2018-12-24
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-03-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-05-01
1200-QUALCOMM INC P 2016-03-10 2018-08-14
150000-COCA-COLA CO/THE 1.65% 14 MAR P 2015-06-19 2018-03-14
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-06-01
859-AMERICAN EXPRESS CO P 2013-08-29 2018-04-16
1000-GENERAL ELECTRIC CO P 2011-12-27 2018-02-01
500-GENERAL ELECTRIC CO P 2010-12-17 2018-02-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-12-03
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-11-01
0-FREDDIE MAC REMICS FHR 2622 PE 4.5 P 2007-08-10 2018-02-01
1000-COSTCO WHOLESALE CORP P 2003-06-12 2018-05-18
829-TECHNOLOGY SELECT SECTOR SPDR FU P 2018-03-27 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-06-01
3408-WELLS FARGO & CO P 2016-10-27 2018-03-27
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-04-02
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-06-01
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-01-01
937.207-DFA US SMALL CAP PORTFOLIO P 2015-03-27 2018-12-26
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-07-02
5850-GENERAL ELECTRIC CO P 2013-08-15 2018-02-01
200000-FEDERAL AGRICULTURAL MORTGAGE P 2011-11-29 2018-12-07
650-SCHLUMBERGER LTD P 2010-07-29 2018-11-09
0-FANNIE MAE REMICS FNR 2003-32 NG 5 P 2007-12-11 2018-01-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-12-03
0-FREDDIE MAC REMICS FHR 2622 PE 4.5 P 2007-08-10 2018-03-01
2300-CISCO SYSTEMS INC P 2002-07-10 2018-05-18
1647-TECHNOLOGY SELECT SECTOR SPDR F P 2018-03-15 2018-12-26
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-07-02
3409-WELLS FARGO & CO P 2016-10-27 2018-03-27
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-05-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-07-02
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-02-01
1597.443-DFA US SMALL CAP PORTFOLIO P 2015-03-11 2018-12-26
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-08-01
5340-CITIGROUP INC P 2013-04-10 2018-11-02
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-01-01
602.773-HARBOR INTERNATIONAL FUND P 2009-02-18 2018-01-05
0-FANNIE MAE REMICS FNR 2003-32 NG 5 P 2007-12-11 2018-02-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-01-01
0-FREDDIE MAC REMICS FHR 2622 PE 4.5 P 2007-08-10 2018-04-02
100-CISCO SYSTEMS INC P 2002-06-13 2018-05-18
2827-CONSUMER DISCRETIONARY SELECT S P 2018-03-14 2018-12-24
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-08-01
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-01-01
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-06-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-08-01
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-03-01
47.771-DFA EMERGING MARKETS SMALL CA P 2014-12-17 2018-12-26
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-09-04
13500-FORD MOTOR CO P 2013-04-10 2018-03-14
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-02-01
500-SCHLUMBERGER LTD P 2009-01-26 2018-11-09
0-FANNIE MAE REMICS FNR 2003-32 NG 5 P 2007-12-11 2018-03-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-02-01
100000-FREDDIE MAC REMICS FHR 2622 P P 2007-08-10 2018-05-01
LITIGATION PROCEEDS P 2017-10-04 2018-10-05
1840-TECHNOLOGY SELECT SECTOR SPDR F P 2018-03-14 2018-12-26
500000-FANNIE MAE REMICS FNR 2012-52 P 2017-05-24 2018-09-20
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-02-01
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-07-02
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-09-04
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-04-02
26.689-DFA EMERGING MARKETS SMALL CA P 2014-12-17 2018-12-26
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-10-01
750-SCHLUMBERGER LTD P 2013-04-10 2018-11-09
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-03-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-01-01
150000-FANNIE MAE REMICS FNR 2003-32 P 2007-12-11 2018-04-02
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-03-01
521-QUALCOMM INC P 2007-03-22 2018-08-14
202.086-VANGUARD 500 INDEX FUND P 2018-02-07 2018-04-16
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2017-05-24 2018-09-04
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-03-01
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-08-01
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-10-01
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-05-01
1.814-DFA EMERGING MARKETS SMALL CAP P 2014-12-17 2018-12-26
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-11-01
2900-ROCHE HOLDINGS AG SPN ADR EACH P 2013-01-29 2018-04-03
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-04-02
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-02-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-01-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-04-02
307.22-HARBOR INTERNATIONAL FUND P 2006-02-13 2018-01-05
21626.298-DFA INFLATION PROTECTED SE P 2018-02-01 2018-06-29
4144.895-DFA GLOBAL REAL ESTATE SECU P 2017-04-10 2018-12-24
0-FANNIE MAE REMICS FNR 2012-52 BA 2 P 2016-10-07 2018-04-02
0-FREDDIE MAC REMICS FHR 4103 NJ 1.5 P 2016-09-30 2018-09-04
0-FREDDIE MAC REMICS FHR 3820 DL 2.5 P 2016-08-22 2018-11-01
0-FANNIE MAE REMICS FNR 2015-96 EA 3 P 2015-12-11 2018-06-01
38000-APACHE CORP 3.625% 01 FEB 2021 P 2014-12-03 2018-08-24
0-FANNIE MAE POOL FN AB4090 3% 01 DE P 2014-07-25 2018-12-03
3736-ROCHE HOLDINGS AG SPN ADR EACH P 2012-12-12 2018-04-03
0-GOVERNMENT NATIONAL MORTGAGE ASSOC P 2011-06-23 2018-05-01
0-RBSGC MORTGAGE LOAN TRUST 2007-B R P 2008-02-15 2018-03-01
0-FREDDIE MAC REMICS FHR 2764 OE 4.5 P 2007-10-03 2018-02-01
0-FREDDIE MAC REMICS FHR 2790 TN 4% P 2007-08-31 2018-05-01
450-QUALCOMM INC P 2006-01-17 2018-08-14
(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 26,533   25,330 1,203
b 242,163   304,701 -62,538
c 150,000   149,766 234
d 626   627 -1
e 1,344   1,342 2
895   910 -15
749   768 -19
158,343   144,000 14,343
133   160 -27
122,342   53,808 68,534
15   16 -1
16   16  
1,256   1,187 69
274   240 34
38,471   28,750 9,721
38,872   48,276 -9,404
304,701   304,701  
201,687   185,427 16,260
3,730   3,736 -6
904   902 2
59,795   72,000 -12,205
751   770 -19
157,081   196,953 -39,872
43,654   50,000 -6,346
132,585   63,080 69,505
2,041   2,143 -102
405   392 13
1,085   1,025 60
276   242 34
42,145   28,000 14,145
3,002   3,511 -509
168,446   244,053 -75,607
83,491   77,111 6,380
550   550  
1,091   1,089 2
41,461   42,111 -650
753   773 -20
284   355 -71
10,440   8,317 2,123
80,216   72,696 7,520
78   82 -4
405   392 13
1,033   976 57
416   364 52
51,554   29,779 21,775
201,528   231,445 -29,917
130,816   209,861 -79,045
88,087   88,864 -777
603   603  
250,000   251,533 -1,533
170,750   170,750  
756   775 -19
1,894   1,956 -62
185,565   68,983 116,582
22,391   4,791 17,600
173   182 -9
14   13 1
910   860 50
839   736 103
36,795   20,000 16,795
171,683   209,608 -37,925
153   152 1
22,929   26,199 -3,270
184,808   201,977 -17,169
3,520   3,576 -56
42,432   32,000 10,432
758   777 -19
2,141   2,211 -70
50,000   50,155 -155
158,053   33,183 124,870
11   11  
14   13 1
836   790 46
615   539 76
99,516   20,665 78,851
85,315   105,930 -20,615
165   164 1
97,127   109,301 -12,174
554   555 -1
2,937   2,984 -47
117,970   146,440 -28,470
760   779 -19
1,679   1,733 -54
79,612   46,028 33,584
50,000   49,857 143
11   11  
15   15  
651   615 36
261   229 32
45,982   25,000 20,982
205,361   184,941 20,420
153   152 1
178,375   178,375  
1,611   1,609 2
2,322   2,360 -38
29,179   46,671 -17,492
82,729   94,917 -12,188
1,228   1,268 -40
19,159   32,736 -13,577
128,710   37,665 91,045
11   11  
13   13  
516   487 29
277   243 34
16,604   10,033 6,571
90,531   103,967 -13,436
154   153 1
144,199   150,000 -5,801
3,151   3,147 4
1,422   1,445 -23
15,427   11,959 3,468
38,931   41,683 -2,752
1,383   1,428 -45
106,681   59,597 47,084
115,069   33,630 81,439
109,320   21,021 88,299
13   13  
329   310 19
247   233 14
77,891   43,489 34,402
145,568   179,435 -33,867
154   153 1
79,697   99,437 -19,740
739   738 1
3,345   3,398 -53
78,112   60,180 17,932
150,000   151,567 -1,567
2,560   2,643 -83
80,797   62,256 18,541
16,020   18,239 -2,219
8,010   8,873 -863
13   13  
90   85 5
308   291 17
199,031   35,410 163,621
49,834   55,084 -5,250
919   913 6
178,594   159,525 19,069
3,017   3,013 4
1,595   1,620 -25
736   755 -19
27,488   27,488  
2,180   2,251 -71
93,715   140,863 -47,148
200,000   200,000  
33,208   39,100 -5,892
970   952 18
67   64 3
214   202 12
99,822   31,510 68,312
99,006   115,186 -16,180
136   135 1
178,619   159,572 19,047
4,670   4,664 6
2,557   2,598 -41
738   757 -19
46,853   46,853  
1,720   1,776 -56
351,964   241,040 110,924
16   16  
42,007   20,000 22,007
735   722 13
500   438 62
162   153 9
4,340   1,494 2,846
263,418   298,952 -35,534
149   147 2
621   622 -1
2,142   2,139 3
1,223   1,243 -20
740   759 -19
884   920 -36
2,325   2,400 -75
149,338   177,144 -27,806
16   16  
25,545   21,524 4,021
350   343 7
642   563 79
89   84 5
22     22
110,608   128,588 -17,980
45,547   49,382 -3,835
670   671 -1
1,745   1,743 2
2,892   2,938 -46
743   761 -18
494   514 -20
1,522   1,572 -50
38,317   57,836 -19,519
220   231 -11
15   15  
18   17 1
294   257 37
33,914   21,872 12,042
50,000   50,097 -97
137   135 2
622   623 -1
2,625   2,621 4
3,703   3,762 -59
745   764 -19
34   35 -1
1,852   1,912 -60
81,225   79,812 1,413
15   16 -1
18   18  
1,229   1,161 68
402   353 49
21,410   16,000 5,410
250,649   250,000 649
40,205   44,516 -4,311
624   625 -1
694   693 1
1,710   1,738 -28
747   766 -19
38,405   38,894 -489
1,644   1,698 -54
104,640   94,719 9,921
169   177 -8
16   15 1
1,427   1,348 79
281   247 34
29,292   20,948 8,344
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       1,203
b       -62,538
c       234
d       -1
e       2
      -15
      -19
      14,343
      -27
      68,534
      -1
       
      69
      34
      9,721
      -9,404
       
      16,260
      -6
      2
      -12,205
      -19
      -39,872
      -6,346
      69,505
      -102
      13
      60
      34
      14,145
      -509
      -75,607
      6,380
       
      2
      -650
      -20
      -71
      2,123
      7,520
      -4
      13
      57
      52
      21,775
      -29,917
      -79,045
      -777
       
      -1,533
       
      -19
      -62
      116,582
      17,600
      -9
      1
      50
      103
      16,795
      -37,925
      1
      -3,270
      -17,169
      -56
      10,432
      -19
      -70
      -155
      124,870
       
      1
      46
      76
      78,851
      -20,615
      1
      -12,174
      -1
      -47
      -28,470
      -19
      -54
      33,584
      143
       
       
      36
      32
      20,982
      20,420
      1
       
      2
      -38
      -17,492
      -12,188
      -40
      -13,577
      91,045
       
       
      29
      34
      6,571
      -13,436
      1
      -5,801
      4
      -23
      3,468
      -2,752
      -45
      47,084
      81,439
      88,299
       
      19
      14
      34,402
      -33,867
      1
      -19,740
      1
      -53
      17,932
      -1,567
      -83
      18,541
      -2,219
      -863
       
      5
      17
      163,621
      -5,250
      6
      19,069
      4
      -25
      -19
       
      -71
      -47,148
       
      -5,892
      18
      3
      12
      68,312
      -16,180
      1
      19,047
      6
      -41
      -19
       
      -56
      110,924
       
      22,007
      13
      62
      9
      2,846
      -35,534
      2
      -1
      3
      -20
      -19
      -36
      -75
      -27,806
       
      4,021
      7
      79
      5
      22
      -17,980
      -3,835
      -1
      2
      -46
      -18
      -20
      -50
      -19,519
      -11
       
      1
      37
      12,042
      -97
      2
      -1
      4
      -59
      -19
      -1
      -60
      1,413
      -1
       
      68
      49
      5,410
      649
      -4,311
      -1
      1
      -28
      -19
      -489
      -54
      9,921
      -8
      1
      79
      34
      8,344
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 2 802,100
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 -415,627
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 1,086,655 24,549,647 0.044264
2016 1,260,720 23,141,848 0.054478
2015 1,116,622 24,331,136 0.045893
2014 1,166,802 23,944,462 0.048730
2013 1,046,018 22,348,814 0.046804
2
Total of line 1, column (d) .....................
2
0.240169
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
0.048034
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,434,976
5
Multiply line 4 by line 3......................
5
1,173,710
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,217
7
Add lines 5 and 6........................
7
1,185,927
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,209,332
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 12,217
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 12,217
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 12,217
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 26,240
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 26,240
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 14,023
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet14,023 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)
    bulletWY
    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 ofbulletFIRST INTERSTATE BANK FSG Telephone no.bullet (307) 672-1498

    Located atbullet16 S MAIN STSHERIDANWY ZIP+4bullet82801
    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
    JOHN M PRADERE DIRECTOR
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    ROBERT EBERHART DIRECTOR
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    KY DIXON SEC/TREAS
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    RICHARD HAMMER JR PRESIDENT
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    JACK E PELISSIER DIRECTOR
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    DEBRA WENDTLAND VICE PRESIDE
    2.00     		0 0 0
    PO BOX 6085
    SHERIDAN,WY82801
    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
    24,070,285
    b
    Average of monthly cash balances.......................
    1b
    558,513
    c
    Fair market value of all other assets (see instructions)................
    1c
    178,284
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,807,082
    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
    24,807,082
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    372,106
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,434,976
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,221,749
    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
    1,221,749
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    12,217
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,217
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,209,532
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,209,532
    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
    1,209,532
    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
    1,209,332
    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
    1,209,332
    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
    12,217
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,197,115
    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 1,209,532
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,143,267
    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$ 1,209,332
    a Applied to 2017, but not more than line 2a 1,143,267
    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..... 66,065
    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 ..........     		1,143,467
    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 e-mail address of the person to whom applications should be addressed:
    JOE AND ARLENE WATT FOUNDATION
    PO BOX 6085
    SHERIDAN,WY82801
    (307) 672-1498
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION SHOULD BE IN WRITTEN FORM AND INCLUDE: 1. NAME, ADDRESS AND TAX ID NUMBER OF THE CHARITY, 2. DOCUMENTARY PROOF OF THE TAX EXEMPT STATUS OF THE CHARITY UNDER SECTION 501(C)(3) OF THE IRC OF 1954, OR AS AMENDED. 3. COPY OF THE MOST RECENT ANNUAL REPORT OF THE CHARITY IN THE FORM REQUIRED OF IT BY APPLICABLE SECTION OF THE INTERNAL REVENUE CODE. 4. DESCRIPTION OF THE CHARITABLE PURPOSE, OR PURPOSES, TO WHICH THE FUNDS FOR WHICH APPLICATION IS BEING MADE SHALL BE PUT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    SHERIDAN COUNTY MEM HOSPITAL FOUND
    1401 W 5TH ST
    SHERIDAN,WY82801     		  EXEMPT ICU 50,000
    JOEY'S FOUNDATION INC
    109 S MAIN SUITE B
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 10,000
    UNIVERSITY OF WYOMING
    1000 E UNIVERSITY AVE
    LARAMIE,WY82071     		  EXEMPT PESIDENTIAL SCHOLARSHIP 100,000
    SHERIDAN HEALTH CENTER
    PO BOX 682
    SHERIDAN,WY82801     		  EXEMPT SUPPORT FOR MID-LEVEL PROVIDER 60,000
    CHILDREN'S CENTER
    863 HIGHLAND AVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 13,000
    SHERIDAN COLLEGE FOUNDATION
    PO BOX 6328
    SHERIDAN,WY82801     		  EXEMPT WHITNEY CENTER FOR ARTS 150,000
    COMPASS CENTER FOR FAMILIES
    1095 SUGARVIEW DRIVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 82,500
    HABITAT FOR HUMANITY OF THE EASTERN
    PO BOX 6196
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 25,000
    SHERIDAN COUNTY YMCA
    417 N JEFFERSON ST
    SHERIDAN,WY82801     		  EXEMPT NEW AQUATIC CENTER 100,000
    VOLUNTEERS OF AMERICA
    1876 S SHERIDAN AVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 125,000
    WYO THEATER
    42 NORTH MAIN
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 100,000
    ADVOCACY AND RESOURCE CENTER
    136 COFFEEN AVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 11,531
    ANTELOPE BUTTE FOUNDATION INC
    PO BOX 6624
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 180,000
    CHILD DEVELOPMENT CENTER
    345 S LINDEN AVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 60,000
    GREATER WY BIG BROTHERS BIG SISTERS
    1056 LONG DRIVE
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 25,000
    LIFE LINK OF SHERIDAN COUNTY
    PO BOX 2095
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 30,000
    SHERIDAN COMMUNITY EDUCATION FOUNDA
    PO BOX 6399
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 50,000
    SHERIDAN KIDS LIFE
    444 W ALGER ST
    SHERIDAN,WY82801     		  EXEMPT BUILDING FUND 30,000
    SHERIDAN HIGH SCHOOL BOOSTER CLUB
    PO BOX 368
    SHERIDAN,WY82801     		  EXEMPT UNRESTRICTED 3,000
    Total .................................bullet 3a 1,205,031
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 531,219  
    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.....     15 14,324  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 802,100  
    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)..   1,347,643  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,347,643
    (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:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MOHATT, JOHNSON & GODWIN 1,800 1,350   450

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CENTURION BANK 200,000 198,547
    HSBC BANK USA 99,424 95,448
    FHLMC SERIES 2622 PE    
    FNMA SERIES 2003-32    
    FHLMC SERIES 2764 OE 71 75
    FHLMC SERIES 2790 TN 12,365 14,317
    FNMA POOL AB4090 90,784 88,423
    GNMA POOL SER 2010-14 3,772 3,698
    FANNIE MAE REMICS FNR 2012-52    
    FANNIE MAE REMICS FNR 2015-96 84,758 82,716
    FREDDIE MAC REMICS FHR 3820 DL 21,275 20,913
    FREDDIE MAC REMICS FHR 4103 NJ 109,171 104,827
    NATIONAL RURAL UTIL COOP 250,000 244,224
    NATIONAL RURAL UTIL COOP 119,622 119,068
    APACHE CORP 63,458 62,831
    BANK OF AMERICA CORP 2.625% 204,604 198,954
    BURLINGTON NORTHN SANTA FE 99,779 100,165
    CHARLES SCHWAB CORP 2.65% 195,700 197,531
    CHEVRON CORP 2.498% 244,223 247,223
    CISCO SYSTEMS INC 1.4% 110,378 110,440
    CISCO SYSTEMS INC 4.45% 107,047 103,604
    CLOROX CO/THE 3.1% 285,559 272,837
    COCA-COLA CO/THE    
    EXXON MOBIL CORP 1.708% 252,908 250,978
    FIFTH THIRD BANK/CINCINNATI OH 2.3% 274,202 276,518
    JP MORGAN CHASE & CO FLOATING    
    JP MORGAN CHASE & CO 1.625%    
    RBSGC MTG LOAN TRUST 2007-B 4,253 4,347
    ORACLE CORP 2.5% 149,503 147,259
    STATE STREET CORP 1.35%    
    TORONTO-DOMINION BANK 1.45% 199,722 199,327
    EATON VANCE FLOATING-RATE ADVANTAGED   560
    GENERAL ELECTRIC CO FLOATING 2.15917 200,000 197,683

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CAP STK CL A 88,688 287,364
    ALPHABET INC CAP STK CL C 69,409 258,903
    AMERICAN EXPRESS CO 240,109 333,620
    APACHE CORP    
    APPLE INC 172,921 315,480
    BERKSHIRE HATHAWAY INC CL B 109,858 275,643
    BRISTOL-MYERS SQUIBB CO 173,698 244,306
    CELGENE CORP    
    CHEVRON CORP 144,650 217,580
    CISCO SYSTEMS INC 133,597 311,976
    CITIGROUP INC    
    CONSUMER DISCRETIONARY SELECT SECTOR 7,191 6,733
    CONSUMER STAPLES SELECT SECTOR SPDR 190,635 195,503
    COSTCO WHOLESALE CORP    
    DOWDUPONT, INC 194,627 274,245
    EMERSON ELECTRIC CO 149,985 239,000
    ENERGY SELECT SECTOR SPDR FUND 2,505 2,122
    EXXON MOBIL CORP 304,101 328,062
    FACEBOOK INC 143,562 157,308
    FEDEX CORP 168,781 179,960
    FORD MOTOR CO    
    GENERAL ELECTRIC CO    
    GILEAD SCIENCES INC 273,478 350,280
    GOLDMAN SACHS GROUP INC 317,901 231,698
    HEALTH CARE SELECT SECTOR SPDR FUND 951,375 938,028
    JP MORGAN CHASE & CO 249,216 390,480
    LOWE'S COS INC 297,983 383,294
    MCKESSON CORP 149,070 177,766
    MICROCHIP TECHNOLOGY INC 217,711 226,548
    MICROSOFT CORP 121,102 406,280
    MONDELEZ INTERNATIONAL INC 120,121 237,711
    NIKE INC 226,661 320,343
    PEPSICO INC 191,903 334,222
    QUALCOMM INC 167,237 182,112
    SCHLUMBERGER LTD    
    SKYWORKS SOLUTIONS INC 79,851 212,789
    STARBUCKS CORP 324,184 346,021
    TECHNOLOGY SELECT SECTOR SPDR FUND 122,792 114,539
    UNION PACIFIC CORP 179,507 311,018
    UNITED HEALTH GROUP INC 65,280 274,032
    VANGUARD 500 INDEX FUND 357,238 379,918
    WAL-MART STORES INC 213,886 296,559
    WALT DISNEY CO 184,609 497,385
    WELLS FARGO & CO    
    DFA US SMALL CAP PORTFOLIO 116,203 79,337
    AMERICAN EUROPACIFIC GROWTH FUND 256,201 347,134
    GOLDMAN SACHS INTERNATIONAL SMALL CA 315,700 292,874
    HARBOR INTERNATIONAL FUND    
    DFA EMERGING MARKETS SMALL CAP 11,889 11,851
    OPPENHEIMER DEVELOPING MARKETS FUND 375,337 401,410
    VANGUARD EMERGING MARKETS STOCK INDE    
    VANGUARD MSCI EMERGING MARKETS ETF 207,873 190,500
    VANGUARD MID-CAP INDEX FUND 650,000 700,664
    ROCHE HOLDINGS AG SPN ADR    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    US Government Securities - End of Year Book Value:

    3,440,227
    US Government Securities - End of Year Fair Market Value:

    3,408,785
    State & Local Government Securities - End of Year Book Value:


    365,550
    State & Local Government Securities - End of Year Fair Market Value:


    356,764


    TY 2018 InvestmentsOtherSchedule2
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MINERAL INTERESTS AT COST 2 178,284
    DFA GLOBAL REAL ESTATE SECURITIES AT COST 339,989 317,356
    DFA COMMODITY STRATEGY PORTFOLIO AT COST 400,000 358,169

    TY 2018 OtherAssetsSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS AND INTEREST 576 560 560
    ROYALTIES RECEIVABLE 1,007 735 735
    PURCHASED INTEREST 2,582 1,954 1,954


    TY 2018 OtherExpensesSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    POST OFFICE BOX 214 107   107


    TY 2018 OtherIncomeSchedule2
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS ROYALTIES - GROSS 16,112 16,112  
    O&G PRODUCTION TAXES -1,788 -1,788  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 124,432 120,700   3,732


    TY 2018 TaxesSchedule
    Name:
    JOE AND ARLENE WATT FOUNDATION INC
    EIN:
    83-0330482
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY OF STATE 25 13   12
    EXCISE TAXES 42,655      
    FOREIGN TAXES ON DIVIDENDS 3,788 3,788