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
THE JERRY E BAKER FOUNDATION INC
C/O KEITH M CARWELL
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 770
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOWLING GREEN, KY421020770
A Employer identification number

61-1202660
B Telephone number (see instructions)

(270) 846-2397
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$23,492,168J 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) 7,939,756
2 Check bullet.............
3 Interest on savings and temporary cash investments 78,905 76,263  
4 Dividends and interest from securities... 264,189 264,189  
5a Gross rents............ 204,961    
b Net rental income or (loss) 192,547
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 246,965
b Gross sales price for all assets on line 6a 1,626,363
7 Capital gain net income (from Part IV, line 2)... 162,716
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 8,734,776 503,168 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 110,000 0 0 0
14 Other employee salaries and wages...... 390,016 0 0 390,016
15 Pension plans, employee benefits....... 44,504 0 0 44,504
16a Legal fees (attach schedule)......... Click to see attachment 5,520 0 0 5,520
b Accounting fees (attach schedule)....... Click to see attachment 38,850 0 0 38,850
c Other professional fees (attach schedule).... Click to see attachment 69,482 68,953 0 529
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,599 0 0 14,599
19 Depreciation (attach schedule) and depletion... Click to see attachment 161,142 0 194,601
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,677 0 0 9,677
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 340,792 0 0 340,189
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,184,582 68,953 194,601 843,884
25 Contributions, gifts, grants paid....... 502,016 502,016
26 Total expenses and disbursements. Add lines 24 and 25 1,686,598 68,953 194,601 1,345,900
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,048,178
b Net investment income (if negative, enter -0-) 434,215
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 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............. 15,595 23,681 23,681
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 12,536    
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.......... 2,464 3,700  
10a Investments—U.S. and state government obligations (attach schedule) 872,544 Click to see attachment1,113,457 1,108,748
b Investments—corporate stock (attach schedule)....... 4,528,078 Click to see attachment8,824,963 10,380,763
c Investments—corporate bonds (attach schedule)....... 2,976,109 Click to see attachment3,886,400 3,791,984
11 Investments—land, buildings, and equipment: basis bullet1,842,670
Less: accumulated depreciation (attach schedule) bullet112,930 437,166 Click to see attachment1,729,740 1,729,740
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,487,883 Click to see attachment2,685,782 2,281,785
14 Land, buildings, and equipment: basis bullet5,621,385
Less: accumulated depreciation (attach schedule) bullet1,603,923 4,130,723 Click to see attachment4,017,462 4,017,462
15 Other assets (describe bullet) Click to see attachment6,083 Click to see attachment158,005 Click to see attachment158,005
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,469,181 22,443,190 23,492,168
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) Click to see attachment404,854 Click to see attachment330,685
23 Total liabilities (add lines 17 through 22)......... 404,854 330,685
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 15,064,327 22,112,505
30 Total net assets or fund balances (see instructions)..... 15,064,327 22,112,505
31 Total liabilities and net assets/fund balances (see instructions). 15,469,181 22,443,190
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
15,064,327
2
Enter amount from Part I, line 27a .....................
2
7,048,178
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,112,505
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
22,112,505
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a CAPITAL GAINS DIVIDENDS P    
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 162,716     162,716
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       162,716
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 2 162,716
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 766,017 7,538,427 0.101615
2016 677,829 3,278,072 0.206777
2015 1,110,590 3,319,249 0.334591
2014 810,472 3,529,330 0.229639
2013 789,853 4,211,094 0.187565
2
Total of line 1, column (d) .....................
2
1.060187
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
0.212037
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
16,909,535
5
Multiply line 4 by line 3......................
5
3,585,447
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,342
7
Add lines 5 and 6........................
7
3,589,789
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,345,900
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 8,684
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 0
3 Add lines 1 and 2........................... 3 8,684
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 8,684
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,700
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,700
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 3
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,013
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet5,013 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletKY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJ ROBERT HILLIARD Telephone no.bullet (270) 842-2828

    Located atbullet449 VILLAGE WAYBOWLING GREENKY ZIP+4bullet42103
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    J ROBERT HILLIARD PRESIDENT
    10.00     		55,000 0 0
    449 VILLAGE WAY
    BOWLING GREEN,KY42103
    WILLIAM M DOERR TREASURER
    1.00     		0 0 0
    2901 RING ROAD
    ELIZABETHTOWN,KY42702
    KEITH M CARWELL SECRETARY
    5.00     		55,000 0 0
    PO BOX 770
    BOWLING GREEN,KY42102
    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 0
    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.............bullet0
    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.........................bullet0
    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
    16,709,929
    b
    Average of monthly cash balances.......................
    1b
    457,112
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,167,041
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    17,167,041
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    257,506
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,909,535
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    845,477
    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
    845,477
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,684
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,684
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    836,793
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    836,793
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    836,793
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,345,900
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,345,900
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,345,900
    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 7 836,793
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 581,008
    b From 2014...... 635,683
    c From 2015...... 946,248
    d From 2016...... 515,490
    e From 2017...... 392,764
    fTotal of lines 3a through e........ 3,071,193
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,345,900
    a Applied to 2017, but not more than line 2a 0
    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..... 836,793
    e Remaining amount distributed out of corpus 509,107
    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 3,580,300
    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 ..........     		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) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		581,008
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,999,292
    10 Analysis of line 9:
    a Excess from 2014.... 635,683
    b Excess from 2015.... 946,248
    c Excess from 2016.... 515,490
    d Excess from 2017.... 392,764
    e Excess from 2018.... 509,107
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    J ROBERT HILLIARD
    449 VILLAGE WAY
    BOWLING GREEN,KY42103
    (270) 842-2828
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST STATING HOW ANY CONTRIBUTIONS FROM THE FOUNDATION WILL BE USED.
    cAny submission deadlines:
    NA
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NA
    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
    LOST RIVER CAVE
    2818 NASHVILLE ROAD
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 2,050
    THE WROTE FOUNDATION INC
    247 DOUBLE SPRINGS ROAD
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 5,000
    BOWLING GREEN GALLERY HOP
    601 STATE STREET
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 75
    BOWLING GREEN WARREN COUNTY HUMANE SOCIETY
    1924 LOUISVILLE ROAD
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 5,000
    BOYS & GIRLS CLUB OF BOWLING GREEN
    260 SCOTT WAY
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 20,000
    COMMONWEALTH HEALTH FOUNDATION
    PO BOX 1868
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 25,000
    HILLTOPPER ATHLETIC FOUNDATION
    1605 AVENUE OF CHAMPIONS
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 4,400
    OPERATION PRIDE
    1141 STATE STREET
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 5,000
    PUBLIC THEATRE OF KENTUCKY
    545 MORRIS ALLEY
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 2,740
    RIVERVIEW
    1100 WEST MAIN AVE
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 500
    THE WORLD'S GREATEST STUDIO TOUR
    PO BOX 10302
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 200
    UNIVERSITY OF KENTUCKY
    217 FUNKHOUSER BLDG
    LEXINGTON,KY40506     		    CHARITABLE PURPOSE 1,000
    VETTE CITY ROLLER DERBY
    PO BOX 10374
    BOWLING GREEN,KY42102     		    CHARITABLE PURPOSE 300
    WKU FOUNDATION
    292 ALUMNI AVE STE 305
    BOWLING GREEN,KY42101     		    CHARITABLE PURPOSE 430,751
    Total .................................bullet 3a 502,016
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 78,905  
    4 Dividends and interest from securities....     14 264,189  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531110 192,547 16    
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 243,953 3,012
    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).. 192,547 587,047 3,012
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    782,606
    (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.)
    3 EARNINGS AID IN DEFRAYING EXPENSES INCURRED IN ACCOMPLISHING OUR EXEMPT PURPOSE.
    4 EARNINGS AID IN DEFRAYING EXPENSES INCURRED IN ACCOMPLISHING OUR EXEMPT PURPOSE.
    8 EARNINGS AID IN DEFRAYING EXPENSES INCURRED IN ACCOMPLISHING OUR EXEMPT PURPOSE.
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE JERRY E BAKER FOUNDATION INC
    C/O KEITH M CARWELL
    Employer identification number

    61-1202660
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE JERRY E BAKER FOUNDATION INC
    C/O KEITH M CARWELL         		Employer identification number
    61-1202660
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JERRY E BAKER ESTATE
     
    1101 COLLEGE STREET
     
    BOWLING GREEN, KY42101

    		$ 7,938,918


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE JERRY E BAKER FOUNDATION INC
    C/O KEITH M CARWELL         		Employer identification number

    61-1202660
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 4701 MORGANTOWN RD REAL PROPERTY $ 1,304,385 2018-02-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 562 E MAIN CONDO $ 152,000 2018-11-01
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE JERRY E BAKER FOUNDATION INC
    C/O KEITH M CARWELL         		Employer identification number

    61-1202660
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STILES, CARTER & ASSOC. 6,805 0 0 6,805
    BOOKKEEPING FEES 32,045 0 0 32,045

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

    TY 2018 DepreciationSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMMERCIAL BUILDING 2007-10-01 335,627 87,853 SL 39.000000000000 8,606 0 8,606  
    LAND 2007-10-01 114,500   L   0 0 0  
    LANDSCAPING EQUIPMENT 2007-10-01 12,844 12,844 200DB 7.000000000000 0 0 0  
    LOADER / BUCKET 2008-06-26 13,800 13,800 200DB 7.000000000000 0 0 0  
    FORKS FOR LOADER 2008-09-15 1,752 1,752 200DB 7.000000000000 0 0 0  
    VEHICLES 2008-10-01 27,953 27,953 SL 5.000000000000 0 0 0  
    MAINTENANCE BUILDING 2008-01-01 106,099 34,122 SL 31.000000000000 3,423 0 3,423  
    LANDSCAPING EQUIPMENT 2009-03-04 10,500 10,500 200DB 7.000000000000 0 0 0  
    LANDSCAPING EQUIPMENT 2009-10-09 2,190 2,190 200DB 7.000000000000 0 0 0  
    FURNITURE 2010-01-15 1,800 1,800 200DB 7.000000000000 0 0 0  
    FURNITURE 2010-04-21 9,837 9,837 200DB 7.000000000000 0 0 0  
    AIR CONDITIONER 2010-07-09 7,200 7,200 200DB 7.000000000000 0 0 0  
    OUTSIDE EQUIPMENT 2010-09-21 2,741 2,741 200DB 5.000000000000 0 0 0  
    DOCUMENTARY 2011-01-01 16,500 16,500 200DB 5.000000000000 0 0 0  
    I PHONE 2011-07-14 317 303 200DB 7.000000000000 14 0 14  
    LAND IMPROVEMENTS 2011-01-01 1,152,490 574,037 150DB 15.000000000000 68,053 0 76,833  
    LAND IMPROVEMENTS 2011-11-08 53,093 26,445 150DB 15.000000000000 3,135 0 3,540  
    MUSEUM 2011-01-01 1,771,240 316,020 SL 39.000000000000 45,416 0 45,416  
    KUBOTA 2011-01-01 13,000 13,000 200DB 5.000000000000 0 0 0  
    ART WORK 2011-01-01 999,002   L   0 0 0  
    ART WORK 2012-12-31 13,890   L   0 0 0  
    CASE LOADER BUCKET 2012-06-18 750 650 200DB 7.000000000000 67 0 100  
    CAMERA SYSTEM 2012-02-03 12,828 9,045 200DB 10.000000000000 841 0 1,283  
    IP PHONE & SECUIRTY SYSTEM 2012-02-08 6,040 4,259 200DB 10.000000000000 396 0 604  
    PRIVACY WALL 2012-11-07 10,820 4,750 150DB 15.000000000000 639 0 721  
    DRIVE WAY 2012-07-09 24,480 10,748 150DB 15.000000000000 1,445 0 1,632  
    KUBOTA 2012-10-02 13,400 11,606 200DB 7.000000000000 1,196 0 1,794  
    NEW COMPUTER 2012-10-01 1,957 1,957 200DB 5.000000000000 0 0 0  
    MOWER 2013-07-10 5,291 4,918 200DB 5.000000000000 373 0 373  
    TRACTOR W/LOADER & CUTTERS 2013-08-19 48,400 44,982 200DB 5.000000000000 3,418 0 3,418  
    FURNITURE 2013-01-09 3,425 2,789 200DB 7.000000000000 299 0 489  
    2010 CHEVY P/U WHITE 2013-03-31 15,959 15,739 200DB 5.000000000000 220 0 220  
    CABINET 2013-02-08 1,800 1,465 200DB 7.000000000000 158 0 257  
    ART WORK 2013-11-15 1,175   L   0 0 0  
    100 ACRES 2013-08-13 600,000   L   0 0 0  
    HOUSE 2013-08-13 75,000 11,931 SL 27.500000000000 2,727 2,727 2,727  
    CLASSROOM 2013-08-13 25,000 2,804 SL 39.000000000000 641 0 641  
    METAL DETECTOR 2013-11-01 635 287 200DB 5.000000000000 30 0 106  
    LAND IMPROVEMENTS 2013-12-01 225,439 39,689 150DB 15.000000000000 7,303 0 15,029  
    LAND IMPROVEMENTS 2013-12-01 36,311 6,393 150DB 15.000000000000 1,176 0 2,421  
    VACUUM CLEANER 2014-03-28 866 358 200DB 5.000000000000 50 0 173  
    ART WORK 2014-12-31 6,288   L   0 0 0  
    SCANNER 2014-05-02 983 406 200DB 5.000000000000 57 0 197  
    LAWNMOWER 2014-05-14 2,184 904 200DB 5.000000000000 125 0 437  
    TRAILER 2014-05-14 1,613 667 200DB 5.000000000000 93 0 323  
    '14 CHUBBS 10' TRAILER 2014-06-11 4,250 1,758 200DB 5.000000000000 245 0 850  
    HUSQVARNA MOWER 2014-06-11 3,936 1,628 200DB 5.000000000000 227 0 787  
    FILING CABINET 2014-07-16 897 308 200DB 7.000000000000 40 0 128  
    LAWNMOWER 2014-09-10 5,619 2,324 200DB 5.000000000000 323 0 1,124  
    KUBOTA MOTOR 2014-09-23 4,919 2,034 200DB 5.000000000000 283 0 984  
    LAND IMPROVEMENTS 2014-12-31 145,935   L   0 0 0  
    CLASSROOM IMPROVEMENTS 2015-11-06 1,500 81 SL 39.000000000000 38 0 38  
    ART WORK & ART RESTORATION 2015-12-31 13,684   L   0 0 0  
    LANDSCAPING 2015-12-31 9,230 1,064 150DB 15.000000000000 355 0 615  
    SHELVING 2015-01-28 9,771 2,749 200DB 7.000000000000 610 0 1,396  
    BOBCAT TRACK LOADER 2015-04-22 55,767 19,853 200DB 5.000000000000 3,212 0 11,153  
    HOUSE IMPROVEMENTS 2015-03-25 13,158 1,335 SL 27.500000000000 478 478 478  
    GREENHOUSES 2016-10-31 38,876 1,205 SL 39.000000000000 997 0 997  
    CLASSROOM HEATING UNIT 2016-02-03 2,500 580 200DB 7.000000000000 191 0 357  
    GREENHOUSE TABLES 2016-11-07 3,985 620 200DB 7.000000000000 392 0 569  
    ARTWORK 2016-12-31 8,285   L   0 0 0  
    PARKING LOT 2017-03-08 25,946 649 150DB 15.000000000000 1,232 0 1,730  
    ART WORK 2017-12-31 1,475   L   0 0 0  
    KUBOTA 2018-07-06 15,200   SL 5.000000000000 1,520 0 1,520  
    8 CAMERA SECURITY SYS 2018-07-23 5,180   SL 10.000000000000 216 0 216  
    PATIO FURNITURE 2018-06-11 2,808   SL 10.000000000000 164 0 164  
    CONCRETE PADS-COMPOST MACHINE 2018-05-11 10,730   SL 15.000000000000 477 0 477  
    IRRIGATION FOR MUSEUM AREA 2018-04-25 2,000   SL 15.000000000000 89 0 89  
    RESIDENCE 2018-02-19 531,000   NC 27.500000000000 0 0 0  
    ARTWORK, FURNISHINGS 2018-02-19 758,750   NC 0 % 0 0 0  
    HOUSEHOLD FURNISHINGS 2018-02-19 10,000   NC 0 % 0 0 0  
    NEW MOTOR FOR KUBOTA 2018-07-23 4,568   SL 5.000000000000 152 0 152  
    NEW HVAC UNIT 2018-11-02 4,635   NC 0 % 0 0 0  

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SALE OF KUBOTA 2011-01 PURCHASED 2018-09   5,500 17,568   0 1,084 13,152
    HILLIARD LYONS-DETAIL ON FILE   PURCHASED     343,695 354,928   0 -11,233  
    HILLIARD LYONS-DETAIL ON FILE   PURCHASED     660,885 647,715   0 13,170  
    HILLIARD LYONS-DETAIL ON FILE   PURCHASED     273,567 194,267   0 79,300  
    408 S. MULBERRY   PURCHASED 2018-03   180,000 178,072   0 1,928  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Name of Bond End of Year Book Value End of Year Fair Market Value
      3,886,400 3,791,984

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Name of Stock End of Year Book Value End of Year Fair Market Value
      8,824,963 10,380,763

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    US Government Securities - End of Year Book Value:

    774,223
    US Government Securities - End of Year Fair Market Value:

    772,781
    State & Local Government Securities - End of Year Book Value:


    339,234
    State & Local Government Securities - End of Year Fair Market Value:


    335,967


    TY 2018 InvestmentsLandSchedule2
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMMERCIAL BUILDING 335,627 96,459 239,168 239,168
    LAND 114,500 0 114,500 114,500
    HOUSE 75,000 14,658 60,342 60,342
    HOUSE IMPROVEMENTS 13,158 1,813 11,345 11,345
    RESIDENCE 531,000 0 531,000 531,000
    ARTWORK, FURNISHINGS 758,750 0 758,750 758,750
    HOUSEHOLD FURNISHINGS 10,000 0 10,000 10,000
    NEW HVAC UNIT 4,635 0 4,635 4,635

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
      AT COST 2,375,764 1,980,045
      AT COST 310,018 301,740

    TY 2018 LandEtcSchedule2
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LANDSCAPING EQUIPMENT 12,844 12,844 0 0
    LOADER / BUCKET 13,800 13,800 0 0
    FORKS FOR LOADER 1,752 1,752 0 0
    VEHICLES 27,953 27,953 0 0
    MAINTENANCE BUILDING 106,099 37,545 68,554 68,554
    LANDSCAPING EQUIPMENT 10,500 10,500 0 0
    LANDSCAPING EQUIPMENT 2,190 2,190 0 0
    FURNITURE 1,800 1,800 0 0
    FURNITURE 9,837 9,837 0 0
    AIR CONDITIONER 7,200 7,200 0 0
    OUTSIDE EQUIPMENT 2,741 2,741 0 0
    DOCUMENTARY 16,500 16,500 0 0
    I PHONE 317 317 0 0
    LAND IMPROVEMENTS 1,152,490 642,090 510,400 510,400
    LAND IMPROVEMENTS 53,093 29,580 23,513 23,513
    MUSEUM 1,771,240 361,436 1,409,804 1,409,804
    ART WORK 999,002 0 999,002 999,002
    ART WORK 13,890 0 13,890 13,890
    CASE LOADER BUCKET 750 717 33 33
    CAMERA SYSTEM 12,828 9,886 2,942 2,942
    IP PHONE & SECUIRTY SYSTEM 6,040 4,655 1,385 1,385
    PRIVACY WALL 10,820 5,389 5,431 5,431
    DRIVE WAY 24,480 12,193 12,287 12,287
    KUBOTA 13,400 12,802 598 598
    NEW COMPUTER 1,957 1,957 0 0
    MOWER 5,291 5,291 0 0
    TRACTOR W/LOADER & CUTTERS 48,400 48,400 0 0
    FURNITURE 3,425 3,088 337 337
    2010 CHEVY P/U WHITE 15,959 15,959 0 0
    CABINET 1,800 1,623 177 177
    ART WORK 1,175 0 1,175 1,175
    100 ACRES 600,000 0 600,000 600,000
    CLASSROOM 25,000 3,445 21,555 21,555
    METAL DETECTOR 635 635 0 0
    LAND IMPROVEMENTS 225,439 159,712 65,727 65,727
    LAND IMPROVEMENTS 36,311 25,725 10,586 10,586
    VACUUM CLEANER 866 841 25 25
    ART WORK 6,288 0 6,288 6,288
    SCANNER 983 955 28 28
    LAWNMOWER 2,184 2,121 63 63
    TRAILER 1,613 1,567 46 46
    '14 CHUBBS 10' TRAILER 4,250 4,128 122 122
    HUSQVARNA MOWER 3,936 3,823 113 113
    FILING CABINET 897 797 100 100
    LAWNMOWER 5,619 5,457 162 162
    KUBOTA MOTOR 4,919 4,777 142 142
    LAND IMPROVEMENTS 145,935 0 145,935 145,935
    CLASSROOM IMPROVEMENTS 1,500 119 1,381 1,381
    ART WORK & ART RESTORATION 13,684 0 13,684 13,684
    LANDSCAPING 9,230 6,034 3,196 3,196
    SHELVING 9,771 8,245 1,526 1,526
    BOBCAT TRACK LOADER 55,767 50,949 4,818 4,818
    GREENHOUSES 38,876 2,202 36,674 36,674
    CLASSROOM HEATING UNIT 2,500 2,021 479 479
    GREENHOUSE TABLES 3,985 3,005 980 980
    ARTWORK 8,285 0 8,285 8,285
    PARKING LOT 25,946 14,854 11,092 11,092
    ART WORK 1,475 0 1,475 1,475
    KUBOTA 15,200 1,520 13,680 13,680
    8 CAMERA SECURITY SYS 5,180 216 4,964 4,964
    PATIO FURNITURE 2,808 164 2,644 2,644
    CONCRETE PADS-COMPOST MACHINE 10,730 477 10,253 10,253
    IRRIGATION FOR MUSEUM AREA 2,000 89 1,911 1,911


    TY 2018 LegalFeesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL SERVICES 5,520 0 0 5,520


    TY 2018 OtherAssetsSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UTILITY DEPOSITS 6,083 6,005 6,005
    CONDO HELD FOR INVESTMENT 0 152,000 152,000


    TY 2018 OtherExpensesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LANDSCAPE UPKEEP 48,671 0 0 48,671
    DUES & SUBSCRIPTIONS 11,499 0 0 11,499
    MISCELLANEOUS 808 0 0 808
    INSURANCE 46,273 0 0 46,273
    SUPPLIES 41,304 0 0 41,304
    CONTRACT LABOR 30,885 0 0 30,885
    UTILITIES 47,350 0 0 47,350
    OFFICE 15,555 0 0 15,555
    MISCELLANEOUS REPAIRS & MAINTENANCE 31,843 0 0 31,843
    SECURITY 54,701 0 0 54,701
    SEMINARS & TRAINING 2,378 0 0 2,378
    MEALS & ENTERTAINMENT 5,971 0 0 5,971
    BANK FEES 97 0 0 97
    ADVERTISING 2,854 0 0 2,854
    UTILITIES 603 0   0


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Description Beginning of Year - Book Value End of Year - Book Value
    REMEDIATION FUNDS 404,424 330,255
    DEPOSITS 430 430


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HILLIARD LYONS FEE 69,482 68,953 0 529


    TY 2018 TaxesSchedule
    Name:
    THE JERRY E BAKER FOUNDATION INC
     
    C/O KEITH M CARWELL
    EIN:
    61-1202660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX 14,599 0 0 14,599