TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 03-01-2018 , and ending 02-28-2019

Name of foundation
WAYNE AND ALBERTA LONGMIRE ENDOWMENT

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT PO BOX 116
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202

A Employer identification number

87-6254954

B Telephone number (see instructions)

(205) 420-7753

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$364,309J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	8,226		8,226
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		4,293
b	Gross sales price for all assets on line 6a 136,346
7	Capital gain net income (from Part IV, line 2)...			4,293
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	12,519		12,519
13	Compensation of officers, directors, trustees, etc.	5,376		5,376
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		802	100		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	6,178		5,476	0	0
25	Contributions, gifts, grants paid.......	19,609				19,609
26	Total expenses and disbursements. Add lines 24 and 25	25,787		5,476	0	19,609
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-13,268
b	Net investment income (if negative, enter -0-)			7,043
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	30,819	18,212	18,212
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	4,782
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......	73,477
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	225,671	303,244	346,097
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	334,749	321,456	364,309
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	334,749	321,456
	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).....	334,749	321,456
	31	Total liabilities and net assets/fund balances (see instructions).	334,749	321,456

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

334,749

Enter amount from Part I, line 27a .....................

-13,268

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

321,481

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

321,456

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	2000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023		2016-07-19	2018-03-29
b	2000. ORACLE CORP 5.75% 15 APR 2018		2013-11-06	2018-04-16
c	3000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019		2016-02-09	2018-04-23
d	2000. BANK OF AMERICA CORP 6.875% 25 APR 2018		2014-03-06	2018-04-25
e	2000. AT&T INC 5.06% 5/15/18		2014-03-06	2018-05-15
	6.672 DODGE & COX STK FD		2017-03-29	2018-05-22
	9.625 DODGE & COX STK FD		2018-03-26	2018-05-22
	31.153 MFS VALUE FUND-I		2017-12-21	2018-05-22
	103.877 MFS VALUE FUND-I		2012-05-29	2018-05-22
	156.585 TEMPLETON GLOBAL BD FD ADVISOR CL		2017-05-03	2018-05-22
	2000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018		2015-08-27	2018-05-24
	337.758 ADVISERS INVT TR JOHCM INTL SL I		2018-01-30	2018-11-16
	756.998 ADVISERS INVT TR JOHCM INTL SL I		2017-05-02	2018-11-16
	156.348 ARTISAN MID CAP FUND-INS		2018-05-22	2018-11-16
	2000. ASTRAZENECA PLC 1.75% 11/16/18		2015-11-10	2018-11-16
	38.183 DIAMOND HILL LARGE CAP FD-I		2018-05-22	2018-11-16
	154.177 AMER FNDS EUROPAC GROW-F3		2018-06-13	2018-11-16
	3.004 AMER FNDS EUROPAC GROW-F3		2017-06-15	2018-11-16
	131.337 JPMORGAN MID CAP VALUE-L		2017-05-02	2018-11-16
	70.961 JPMORGAN MID CAP VALUE-L		2018-05-22	2018-11-16
	62.578 LOOMIS SAYLES FDS II GROWTH FD CL Y		2018-05-22	2018-11-16
	1108.472 SWAN DEFINED RISK-I		2017-09-20	2018-11-16
	189.538 SWAN DEFINED RISK-I		2018-01-30	2018-11-16
	162.681 PRUDENTIAL QMA SM CAP VAL-Z		2018-05-22	2018-11-16
	231.696 PRUDENTIAL QMA SM CAP VAL-Z		2017-05-02	2018-11-16
	7.929 VANGUARD 500 INDEX-ADM		2018-05-22	2018-11-16
	18.573 VICTORY RS SM CAP GROW-Y		2018-01-30	2018-11-16
	70.899 VICTORY RS SM CAP GROW-Y		2017-09-08	2018-11-16
	2000. APPLE INC 2.1% 12 SEP 2022		2017-09-15	2019-01-10
	2000. FIFTH THIRD BANK 2.25% 6/14/21		2016-06-10	2019-01-10
	1000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19		2010-05-20	2019-02-15
	60.677 BARON EMERGING MARKETS-INS		2018-01-30	2019-02-21
	3.745 DODGE & COX STK FD		2016-12-21	2019-02-21
	1668.19 DRIEHAUS ACTIVE INCOME FUND		2018-01-30	2019-02-21
	14.587 MFS VALUE FUND-I		2018-12-20	2019-02-21
	5.115 MFS VALUE FUND-I		2012-05-29	2019-02-21
	2000. CISCO SYSTEMS INC 1.6% 2/28/19		2016-02-29	2019-02-28
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,691	2,010	-319
b	2,000	2,044	-44
c	3,000	2,993	7
d	2,000	2,042	-42
e	2,000	2,031	-31
	1,367	1,255	112
	1,972	1,943	29
	1,242	1,274	-32
	4,143	2,463	1,680
	1,843	1,945	-102
	2,001	2,004	-3
	7,353	7,954	-601
	16,480	15,329	1,151
	6,771	6,951	-180
	2,000	2,000
	1,016	1,000	16
	7,493	9,048	-1,555
	146	156	-10
	5,163	5,000	163
	2,789	2,882	-93
	1,004	1,000	4
	13,978	12,986	992
	2,390	2,487	-97
	3,042	3,330	-288
	4,333	5,000	-667
	2,009	2,000	9
	1,617	1,645	-28
	6,172	5,366	806
	1,934	1,985	-51
	1,951	2,003	-52
	1,000	1,031	-31
	824	977	-153
	718	693	25
	15,848	16,593	-745
	578	512	66
	203	121	82
	2,000	2,000
			4,275

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			-319
b			-44
c			7
d			-42
e			-31
			112
			29
			-32
			1,680
			-102
			-3
			-601
			1,151
			-180

			16
			-1,555
			-10
			163
			-93
			4
			992
			-97
			-288
			-667
			9
			-28
			806
			-51
			-52
			-31
			-153
			25
			-745
			66
			82

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	4,293
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 ...................		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? Yes No

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	13,374	383,060	0.034914
2016	9,009	368,988	0.024415
2015	21,052	374,645	0.056192
2014	21,134	392,952	0.053783
2013	19,240	390,096	0.049321

Total of line 1, column (d) .....................

0.218625

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 ......

0.043725

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

365,645

Multiply line 4 by line 3......................

15,988

Enter 1% of net investment income (1% of Part I, line 27b)...........

Add lines 5 and 6........................

16,058

Enter qualifying distributions from Part XII, line 4,.............

19,609

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)

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 and enter “N/A" on line 1.
	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	70
	hereand 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	0
3	Add lines 1 and 2...........................	3	70
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	70
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	399
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	399
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	329
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax72	Refunded	11	257

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

REGIONS BANK TRUSTEE Telephone no. bullet

(205) 420-7753

Located at bullet

201 MILAN PARKWAYBIRMINGHAMAL ZIP+4 bullet

35211

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
REGIONS BANK	TRUSTEE 1	5,376
201 MILAN PARKWAY BIRMINGHAM,AL35211	TRUSTEE 1	5,376

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...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

371,213

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

371,213

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

371,213

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

5,568

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

365,645

Minimum investment return. Enter 5% of line 5..................

18,282

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.)

Minimum investment return from Part X, line 6....................

18,282

Tax on investment income for 2018 from Part VI, line 5......

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

18,212

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

18,212

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

18,212

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

19,609

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

19,609

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

19,539

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)

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					18,212
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				13,968
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 19,609
a Applied to 2017, but not more than line 2a				13,968
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....					5,641
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(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		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
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......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					12,571
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) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF TENNESSEE 1924 ALCOA HWY KNOXVILLE,TN37920	NONE	PC	GENERAL OPERATING	19,609
Total ................................. 3a				19,609

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	8,226
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	4,293
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)..				12,519

13Total. Add line 12, columns (b), (d), and (e)..................

12,519

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

WAYNE AND ALBERTA LONGMIRE ENDOWMENT

EIN:

87-6254954

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AT&T INC DTD 5/15/18 5.6%
COMCAST CORP 5.7% 7/1/19
ORACLE CORP 5.75% 4/15/18
GENERAL ELEC 5.3% 2/11/21
GOLDMAN SACHS 7.5%2/15/19
PRUDENTIAL FIN 4.5% 11/15/20
INTEL CORP 3.3% 10/1/21
TOYOTA 3.4% 9/15/21
JOHN DEERE CAPITAL CORP 2.3%
MOLSON COORS 3.5% 5/1/22
MORGAN STANLEY 3.7% 10/23/24
WALGREENS BOOTS ALLIANCE 3.8%
AMERICAN EXPRESS 2.6% 09/16/20
ANHEUSER-BUSCH 1.9% 02/01/2019
ASTRAZENECA
CITIGROUP INC 2.65% 10/26/2020
GILEAD SCIENCES INC 3.65% 03/0
IBM 3.45% 02/19/2026
JP MORGAN CHASE & CO 6.3% 04/2
TORONTO- DOMINION BANK 2.625%
AMGEN INC CALLABLE DTD08/19/2
BANK OF MONTREAL SERIES: MTN D
CISCO SYSTEMS INC CALLABLE DTD
CISCO SYSTEMS INC DTD 02/29/20
FIFTH THIRD BANK CALLABLE DTD
KROGER CO/THE CALLABLE DTD10/
SHELL INTL FIN DTD 05/10/2016
SUNTRUST BKS INC CALLABLE DTD
TEVA PHARMACEUTICALS NE DTD07
VALERO ENERGY CORP CALLABLE D
VERIZON COMMUNICATIONS CALLABL
APPLE INC 2.1% 12 SEP 2022
APPLE INC 2.3% 11 MAY 2022
BANK OF AMERICA CORP 6.875% 25
BIOGEN INC 2.9% 15 SEP 2020
CAPITAL ONE FINANCIAL CORP 2.5
FORD MOTOR CREDIT CO LLC 3.157

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

WAYNE AND ALBERTA LONGMIRE ENDOWMENT

EIN:

87-6254954

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:

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

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

WAYNE AND ALBERTA LONGMIRE ENDOWMENT

EIN:

87-6254954

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ADVISERS INVT TR JOHCM INTL SL
AMERICAN FUNDS EUROPACIFIC GRO
AQR MANAGED FUTURES STRATEGY F
ARTISAN MID CAP FUND
BAIRD AGGREGATE BOND FUND
BARON EMERGING MARKETS FUND
CALAMOS MARKET NEUTRAL INCOME
DODGE & COX STOCK FUND
DOUBLELINE TOTAL RETURN BOND F
DRIEHAUS ACTIVE INCOME FUND
FIDELITY INVESTMENT GRADE BOND
JPMORGAN MID CAP VALUE FUND
MFS VALUE FUND
PRUDENTIAL HIGH YIELD FUND
PRUDENTIAL QMA SMALL-CAP VALUE
SWAN DEFINED RISK FUND
TEMPLETON GLOBAL BOND FUND/UNI
VANGUARD SHORT-TERM BOND INDEX
VICTORY RS SM CAP GROW
WILLIAM BLAIR MACRO ALLOCATION
921937702 VANGUARD BD IDX FD I	AT COST	4,018	3,996
369622SM8 GENERAL ELEC CAP COR	AT COST	1,003	1,029
458140AJ9 INTEL CORP	AT COST	1,993	2,032
464287507 ISHARES TR S&P MIDCA	AT COST	15,939	16,440
464287804 ISHARES TR S & P SMA	AT COST	15,821	16,164
921943809 VANGUARD TAX-MANAGED	AT COST	16,000	16,426
17275RBL5 CISCO SYSTEMS INC 2.	AT COST	2,002	1,901
258620509 DOUBLELINE EMG MKTS	AT COST	6,012	5,989
501044DE8 KROGER CO 2.65% 15 O	AT COST	1,996	1,802
89233P5F9 TOYOTA MOTOR CREDIT	AT COST	1,995	2,030
92343VDD3 VERIZON COMMUNICATIO	AT COST	1,994	1,866
031162CH1 AMGEN INC	AT COST	1,997	1,929
345397XK4 FORD MOTOR CREDIT CO	AT COST	1,018	990
20030NAZ4 COMCAST CORP	AT COST	2,049	2,019
24422ESS9 JOHN DEERE CAPITAL C	AT COST	1,999	1,996
128119880 CALAMOS MARKET NEU I	AT COST	16,917	16,994
298706110 AMER FNDS EUROPAC GR	AT COST	7,426	15,036
61761JVL0 MORGAN STANLEY	AT COST	3,006	3,014
74440Y801 PRUDENTIAL HIGH YIEL	AT COST	13,223	12,788
822582BR2 SHELL INTERNATIONAL	AT COST	1,996	1,996
06367THQ6 BANK OF MONTREAL	AT COST	2,000	1,991
256219106 DODGE & COX STK FD	AT COST	17,751	37,090
375558BF9 GILEAD SCIENCES INC	AT COST	1,999	1,996
880208400 TEMPLETON GLOBAL BD	AT COST	6,259	5,904
912828PC8 U S TREASURY NOTE	AT COST	4,775	5,006
057071854 BAIRD AGGREGATE BOND	AT COST	14,000	14,145
258620103 DOUBLELINE TOTAL RET	FMV	4,000	4,004
867914BM4 SUNTRUST BANKS INC 2	AT COST	2,000	1,978
91913YAU4 VALERO ENERGY CORP 3	AT COST	1,978	1,916
09062XAC7 BIOGEN INC	AT COST	3,046	2,999
14040HBP9 CAPITAL ONE FINANCIA	AT COST	2,002	1,987
00203H859 AQR MANAGED FUTURES	AT COST	8,741	7,769
0258M0DX4 AMERICAN EXPRESS CRE	AT COST	1,999	1,990
037833CQ1 APPLE INC 2.3% 11 MA	AT COST	1,997	1,968
06828M876 BARON EMERGING MARKE	AT COST	23,727	24,699
172967KB6 CITIGROUP INC	AT COST	1,999	1,989
459200JG7 I B M CORP	AT COST	1,994	2,004
46625HHL7 JP MORGAN CHASE & CO	AT COST	1,019	1,005
552983694 MFS VALUE FUND-I	AT COST	22,407	37,555
931427AH1 WALGREENS BOOTS ALLI	AT COST	2,010	2,007
969251750 WILLIAM BLAIR MACRO	AT COST	7,941	7,951
316146109 FIDELITY INV GRADE B	AT COST	15,178	15,339
46637K265 JPMORGAN HEDGED EQUI	AT COST	16,000	16,323
60871RAC4 MOLSON COORS BREWING	AT COST	2,009	1,995
74432QBP9 PRUDENTIAL FINANCIAL	AT COST	2,009	2,050
48121L114 JP MORGAN STRATEGIC	AT COST	16,000	16,000

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

WAYNE AND ALBERTA LONGMIRE ENDOWMENT

EIN:

87-6254954

Description	Amount
MUTUAL FUND TIMING DIFFERENCE	25

- TIN:

TY 2018 TaxesSchedule

Name:

WAYNE AND ALBERTA LONGMIRE ENDOWMENT

EIN:

87-6254954

Category	Amount	Net Investment Income
FOREIGN TAXES	46	46
FEDERAL TAX PAYMENT - PRIOR YE	303	0
FEDERAL ESTIMATES - PRINCIPAL	399	0
FOREIGN TAXES ON QUALIFIED FOR	52	52
FOREIGN TAXES ON NONQUALIFIED	2	2