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
LAURA C HIGDON CHARITABLE FOUND
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 469
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BREWTON, AL36427
A Employer identification number

63-6197968
B Telephone number (see instructions)

(251) 867-3231
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$1,623,914J 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 16,668 16,668 16,668
4 Dividends and interest from securities... 27,847 27,847 27,847
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 49,704
b Gross sales price for all assets on line 6a 214,200
7 Capital gain net income (from Part IV, line 2)... 10,862
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 36,363 35,863 36,363
12 Total. Add lines 1 through 11........ 130,582 91,240 80,878
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 13,672      
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 1,640      
c Other professional fees (attach schedule).... Click to see attachment 11,972 11,972    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,422 1,422    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,706 13,394   0
25 Contributions, gifts, grants paid....... 84,300 84,300
26 Total expenses and disbursements. Add lines 24 and 25 113,006 13,394   84,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,576
b Net investment income (if negative, enter -0-) 77,846
c Adjusted net income (if negative, enter -0-)... 80,878
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......... 57,484 84,434 84,434
3 Accounts receivable bullet71
Less: allowance for doubtful accounts bullet   401 71 71
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) 435,529 Click to see attachment435,529 432,505
b Investments—corporate stock (attach schedule)....... 292,999 Click to see attachment389,922 436,221
c Investments—corporate bonds (attach schedule)....... 76,119 Click to see attachment76,119 75,216
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 603,453 Click to see attachment497,486 595,467
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,465,985 1,483,561 1,623,914
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 1,465,985 1,483,561
30 Total net assets or fund balances (see instructions)..... 1,465,985 1,483,561
31 Total liabilities and net assets/fund balances (see instructions). 1,465,985 1,483,561
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
1,465,985
2
Enter amount from Part I, line 27a .....................
2
17,576
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,483,561
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
1,483,561
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 10,862
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 429,902 1,830,200 0.234893
2016 71,643 1,934,773 0.037029
2015 68,022 1,948,605 0.034908
2014 73,833 1,937,591 0.038106
2013 86,888 1,807,473 0.048072
2
Total of line 1, column (d) .....................
2
0.393008
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
0.078602
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,657,887
5
Multiply line 4 by line 3......................
5
130,313
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
778
7
Add lines 5 and 6........................
7
131,091
8
Enter qualifying distributions from Part XII, line 4,.............
8
84,300
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 1,557
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 1,557
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 1,557
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 993
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.............. 7 993
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 9 564
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL
    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 addressbulletNA
    14
    The books are in care ofbulletTRUSTMARK NATIONAL BANK Telephone no.bullet (251) 867-3231

    Located atbulletP O BOX 469BREWTONAL ZIP+4bullet36427
    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
    TRUSTMARK NATIONAL BANK-SCHOLARSHIP
    TRUSTMARK NATIONAL BANK     		TRUSTEE
    000.00     		5,672 0 0
    P O BOX 469
    BREWTON,AL36427
    RAYMOND LYNN ADVISORY BOA
    000.00     		4,000 0 0
    P O BOX 469
    BREWTON,AL36427
    JIMMY CROOK ADVISORY BOA
    000.00     		4,000 0 0
    P O DRAWER 920
    ATMORE,AL36504
    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
    1,612,175
    b
    Average of monthly cash balances.......................
    1b
    70,959
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,683,134
    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
    1,683,134
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    25,247
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,657,887
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    82,894
    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
    82,894
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,557
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,557
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    81,337
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    81,337
    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
    81,337
    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
    84,300
    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
    84,300
    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
    84,300
    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 81,337
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017...... 273,587
    fTotal of lines 3a through e........ 273,587
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 84,300
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 81,337
    e Remaining amount distributed out of corpus 2,963
    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 5 276,550
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		276,550
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017.... 273,587
    e Excess from 2018.... 2,963
    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).)
    NA
    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.
    NA
    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:
    TRUSTMARK NATIONAL BANK
    P O BOX 469
    BREWTON,AL36427
    (251) 867-3231
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    SET ANNUALLY
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ESCAMBIA COUNTY, AL; SANTA ROSA COUNTY, FLORIDA
    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
    ABIGAIL SESSIONS
    567 MASON MILLPOND RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    ALEIHA EMMONS
    562 PINEVIEW CEMETERY RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ALEXANDRA JACKSON
    301 VICTORY STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ALISA BROWN
    20960 HIGHWAY 31 APT 24
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 400
    ALIYAH LANE
    106 ASHTON STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ALLISON NELSON
    139 HOMESTEAD LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ANDREW WELCH
    1738 OLD FOSHEE ROAD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ANDREW WILLIAMSON
    154 BROOKS BLVD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    ANNA BOATWRIGHT
    13017 HWY 31
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    ANNA MARIE SMITH
    350 OLD SARDINE RD
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    ARIEL WHATLEY
    403 WOODLAWN AVE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    ARIELL FAIN
    125 KEEGO ROAD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    BAILEY LANCASTER
    1702 WOODRIDGE DR
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    BILLIE JEAN MCKINLEY
    3316 POARCH RD LOT 7
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    BILLY CASTILLOW
    3431 BRADLEY RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    CAITLYN SMITH
    8890 APPLETON RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    CAMERON SHELTON
    7534 JOHNSON RD
    MITON,FL32583     		NONE   SCHOLARSHIP 800
    CHANDLAR RAGAN
    535 SOUTH RD
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    CHARNESIA KNIGHT
    1100 HARGROVE RD E921
    TUSCALOOSA,AL35405     		NONE   SCHOLARSHIP 400
    CHRISTIN SIMPKINS
    21 OLD SHIP CIRCLE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 1,000
    CHRISTOPHER ELLIS
    243 WASHINGTON CIRCLE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    CHRISTOPHER GUTHRIE
    103 W DOGWOOD LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    CLAIRE DAWE
    680 WHIPPORWILL LANE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 1,000
    COURTNEY WALTHER
    11393 HWY 87 NORTH
    MILTON,FL32570     		NONE   SCHOLARSHIP 400
    DAISY CANTY
    PO BOX 1204
    BREWTON,AL36427     		NONE   SCHOLARSHIP 800
    DEMARQUIS MCMILLAN
    100 HARRISON ST APT E-1
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    DEMETRIUS FREEMAN
    2165 E LAUREL ST
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    DERRION WILLIAMS
    229 COLONEL FARRIS DR
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    DIAMOND KIDD
    107 VIRGINIA DRIVE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    DUNCAN BRITTAIN
    3552 OLD CASTLEBERRY RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 1,000
    DYLAN WAYLAND
    6750 CAMP HENDERSON RD
    JAY,FL32565     		NONE   SCHOLARSHIP 800
    ESMERALDA FRANCO
    86 HUME AVE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    ESTHER BURDICK
    5059 BLACK RD
    MILTON,FL32583     		NONE   SCHOLARSHIP 500
    ETHAN BOLLENBACHER
    2105 WILDWOOD DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    FAITH THOMPSON
    4091 BUFORD LN
    MILTON,FL32583     		NONE   SCHOLARSHIP 400
    FRANKLIN WIGGINS
    PO BOX 934
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    GARRETT CAVE
    421 EVERGREEN AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    GRACE GARBELL
    207 CAMELIA STREET
    GULF BREEZE,FL32561     		NONE   SCHOLARSHIP 800
    GRACE O'BANNON
    153 INDIAN LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    GRACE RUZIC
    1500 BELLEVILLE AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    HANNAH TYCZKI
    5278 RICHARDSON ST
    MILTON,FL32570     		NONE   SCHOLARSHIP 800
    HAYDEN ATKINSON
    210 WOODMERE DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    JACKSON BRECKENRIDGE
    1775 WOODRIDGE DR
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    JACKSON FLOWERS
    15076 HWY 89
    JAY,FL32565     		NONE   SCHOLARSHIP 800
    JACKSON SMITH
    1076 OLD SARDINE RD
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 400
    JACOB ODOM
    1935 MURDER CREEK RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    JAKE NAJOR
    1409 ESCAMBIA AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    JAMES EDWARD HART IV
    255 HART FARM RD
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    JAMES HARRISON HUGHES
    PO BOX 244
    BREWTON,AL36427     		NONE   SCHOLARSHIP 800
    JAMES WILLIAMS
    173 EDGEWOOD CT
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    JASHIRA DEES
    PO BOX 753
    BREWTON,AL36427     		NONE   SCHOLARSHIP 400
    JAYLIN BROOKS
    207 MASON STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    JESSICA ELLINGTON
    3188 ATLAS DRIVE
    MILTON,FL32583     		NONE   SCHOLARSHIP 400
    JONES MANNING
    607 EDGEWOOD DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 1,000
    JORDAN BOWENS
    111 THOMAS AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    JORDAN GRANTHAM
    306 PECAN DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    JOSALINE HOLLINGER
    592 MARTINVILLE LOOP
    LOT H
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    JOSEPH BOOKER
    80 N BAGGETT CIRCLE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    JOSHUA FIELDS
    903 BARNETT HWY
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    KAELAN LOGGINS
    327 FAIRPOINT DR
    GULF BREEZE,FL32561     		NONE   SCHOLARSHIP 400
    KARRIE GIBSON
    PO BOX 1071
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 400
    KATE A SMITH
    1076 OLD SARDINE RD
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    KATIE KIRKLAND
    103 TESONE BLVD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    KAYLEE PADGETT
    11572 UPPER CREEK RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    KELA BRAZILE
    142 CYPRESS CT
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    KRISTEN GORE
    261 PLEASANT HILL CIRCLE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    KRISTIN FILLMORE
    4799 HIGHWAY 113
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    KYLE DAVIS
    257 JAYS LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    LA'DASIA WILLIS
    187 BROAD ST
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    LAUREN JOYNER
    121 FRAZIER STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    LAUREN MILLER
    1900 RESERVE BLVD 3109
    GULF BREEZE,FL32561     		NONE   SCHOLARSHIP 800
    LAZARRIAN BOYKIN
    111 M L KING AVE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    LENA NETTLES
    1234 KERLIN AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    LEXUS OATS
    1175 MCGOUGIN RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    LILLIAN MORGAN
    35 BLUEBERRY STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    LOGAN COOK
    1004 BELLEVILLE AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    LORETTA SCOTT
    603 BOYD STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    MADISON CARPENTER
    114 ROBIN DRIVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MADISON MCFADDEN
    194 OLD HWY 31
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 400
    MAGGIE ROWELL
    2397 SOWELL RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MAKENSIE EVANS
    1219 FORREST AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    MAKENZIE BRAY
    5041 VINSON LANE
    JAY,FL32565     		NONE   SCHOLARSHIP 1,000
    MARGARET RUZIC
    1500 BELLEVILLE AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MARIA ISABEL CASTRO
    337 GUM TREE LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MARY ALLISON PEACE
    105 MCMEAD DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MARY MADISON BROWN
    1502 ESCAMBIA AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    MCHENRY COLEMAN
    100 HARRISON AVE APT D-6
    BREWTON,AL36426     		NONE   SCHOLARSHIP 1,000
    MEGHAN MAYO
    5166 DOBSON RD
    JAY,FL32565     		NONE   SCHOLARSHIP 400
    MI'ESHA STRAUGHN
    202 SMITH LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    MICHAELA SANDERS
    2065 EDDIE JACKSON RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    MOLLY ARCHANGEL
    6590 LEE STREET
    MILTON,FL32570     		NONE   SCHOLARSHIP 400
    MORGAN MANNING
    607 EDGEWOOD DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MYKAYLA HARRISON
    129 LYNBROOK DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    MYRA REISS
    5379 APPLETON RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    NEELEE HARRISON
    7144 JIMMY SELLERS RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    NELSON MARTIN
    15 RODGERS LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    NICHOLAS WILSON
    2643 TUNNEL RD
    PACE,FL32571     		NONE   SCHOLARSHIP 800
    O'NEIL WHITE
    103 ROBIN DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    ORA NELSON
    100 ROSEMARY AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    PAIGE JOYNER
    1503 DAILEY STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    PAOLO GORME
    710 E LAUREL ST APT 203
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    PATRICK LOVELACE
    324 SPRINGHILL DR
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    PAYTON BAXTER
    124 SYLVANIA STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    RONALD YOUNG
    PO BOX 73
    BREWTON,AL36427     		NONE   SCHOLARSHIP 800
    SARAH MCGILL
    3030 BOONEVILLE AVE
    ATMORE,AL36502     		NONE   SCHOLARSHIP 400
    SHADIAMOND HARRIS
    239 MCMILLAN LN
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    SHELBY EVANS
    5933 RIDGE RD
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TAMARA JOHNSON
    1208 BUSEY STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    TAMERA DUNN
    20960 HWY 31 APT 15
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 400
    TA'ZURE THOMAS
    145 SOUTHFIELD LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TERRIANA MCNEIL
    163 POWER RD
    ATMORE,AL36502     		NONE   SCHOLARSHIP 800
    TIMMY LOCKLIN
    3706 GORDON LAND RD
    MILTON,FL32570     		NONE   SCHOLARSHIP 800
    TORI KNAPP
    120 MCMEAD DRIVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TRAE' WALKER
    PO BOX 742
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TRAVIS CARLSON
    202 NORTH PINE STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TRENTARIUS IKNER
    312 SCOTT ST APT 2H
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TROY HART
    1412 BONITA AVE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TYLER BAXTER
    124 SYLVANIA STREET
    BREWTON,AL36426     		NONE   SCHOLARSHIP 800
    TYLER REID
    206 OAK RIDGE CT
    BREWTON,AL36426     		NONE   SCHOLARSHIP 1,000
    TYRANIE HENDERSON
    7400 EAST DRIVE
    MONTGOMERY,AL36116     		NONE   SCHOLARSHIP 800
    VALERIE PRICE
    2940 DUKE DR
    GULF BREEZE,FL32563     		NONE   SCHOLARSHIP 800
    VICTORIA SIMS
    81 HOMESTEAD LANE
    BREWTON,AL36426     		NONE   SCHOLARSHIP 400
    ZIAH YOUNG
    PO BOX 202
    ATMORE,AL36504     		NONE   SCHOLARSHIP 400
    ZYNETRIA JARELLE HOOKS
    570 BEASLEY DIXON RD
    FLOMATON,AL36441     		NONE   SCHOLARSHIP 800
    Total .................................bullet 3a 84,300
    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       15    
    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 16,668  
    4 Dividends and interest from securities....     14 27,847  
    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 ............     		    14 10,862 38,842
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aGROSS ROYALTIES     		    15 36,771  
    bSEVERANCE TAX     15 -812  
    cOTHER REVENUE DEDUCTIONS     15 -96  
    dREFUNDS     1 500  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   91,740 38,842
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    130,582
    (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:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX SERVICE-SCH 1,440      
    TAX SERVICE 200      

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    350 SHS AFLAC INC   PURCHASE 2018-01   30,082 20,947     9,135  
    200 SHS PHILLIPS 66   PURCHASE 2018-07   23,641 15,989     7,652  
    6007.711 THE INCOME FUND OF AMERICA   PURCHASE 2018-12   132,770 105,967     26,803  
    125 SHS CUMMINS INC   PURCHASE 2018-12   16,845 21,593     -4,748  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AFLAC INC 50,885 50,166
    FEDERATED TOT RET BD FD-SCH 25,234 25,050

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AFLAC INC.-SCH    
    WALT DISNEY CO-SCH 21,597 21,930
    PAYPAL-SCH 14,011 33,636
    PEPSICO INC-SCH 19,556 22,096
    VERIZON COMMUNICATIONS-SCH 22,410 28,110
    BRISTOL MYERS SQUIBB-SCH 17,877 15,594
    CHEVRON CORP-SCH 15,444 21,758
    CISCO-SCH 18,804 32,498
    JOHNSON & JOHNSON-SCH 19,934 25,810
    MCDONALDS CORP-SCH 28,725 44,393
    PHILLIPS 66-SCH    
    PROCTER AND GAMBLE-SCH 23,408 27,576
    CUMMINGS INC.    
    INTL BUSINESS MACHINES CORP 15,583 11,367
    SOUTHERN CO COM 17,120 15,372
    200 SHS ABBVIE INC 17,508 18,438
    110 SHS APPLE INC 17,063 15,774
    100 SHS BRISTOL MYERS SQUIBB 6,414 5,198
    200 SHS EATON CORP PLC 14,203 13,732
    100 SHS FEDEX CORP 20,139 16,133
    150 SHS HOME DEPOT 25,963 25,773
    50 SHS INTL BUSINESS MACHINES CORP 8,184 5,684
    150 SHS PHILLIPS 66 13,474 12,923
    275 SHS PRUDENTIAL FINANCIAL INC 32,505 22,426

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    435,529
    State & Local Government Securities - End of Year Fair Market Value:


    432,505


    TY 2018 InvestmentsOtherSchedule2
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN NEW PERSPECTIVE-SCH AT COST 110,314 168,556
    CAPITAL INCOME BUILDER-SCH AT COST 237,172 282,743
    INCOME FUND OF AMERICA-SCH AT COST    
    WELLS FARGO BANK-SCH AT COST 75,000 71,858
    WELLS FARGO BANK-SCH AT COST 50,000 47,861
    SALLIE MAE BK AT COST 25,000 24,449

    TY 2018 OtherAssetsSchedule
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ROYALTY INTEREST      
    ACCUMULATED DEPLETION(15%)      


    TY 2018 OtherIncomeSchedule2
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GROSS ROYALTIES 36,771 36,771 36,771
    SEVERANCE TAX -812 -812 -812
    OTHER REVENUE DEDUCTIONS -96 -96 -96
    REFUNDS 500   500


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES-SCH 11,972 11,972    


    TY 2018 TaxesSchedule
    Name:
    LAURA C HIGDON CHARITABLE FOUND
    EIN:
    63-6197968
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAX-SCH 12 12    
    2017 EXTENSION 1,350 1,350    
    US TREASURY 60 60