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
MAXWELL M CORPENING JR MEMORIAL TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6479344
B Telephone number (see instructions)

(800) 496-2583
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$11,986,922J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 282,737 282,737  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 810,192
b Gross sales price for all assets on line 6a 5,908,967
7 Capital gain net income (from Part IV, line 2)... 810,192
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........ 1,092,929 1,092,929  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 98,513 59,108   39,405
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 17,110 0 0 17,110
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 5,571 5,571   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,916 7,998   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)....... Click to see attachment 49 34   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 162,159 72,711 0 56,530
25 Contributions, gifts, grants paid....... 571,633 571,633
26 Total expenses and disbursements. Add lines 24 and 25 733,792 72,711 0 628,163
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 359,137
b Net investment income (if negative, enter -0-) 1,020,218
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............. 272,261 529,844 529,844
2 Savings and temporary cash investments......... 319,566 289,172 289,172
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,600,497 Click to see attachment7,623,545 8,799,221
c Investments—corporate bonds (attach schedule)....... 1,489,031 Click to see attachment1,790,154 1,770,224
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 825,744 Click to see attachment633,352 598,461
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,507,099 10,866,067 11,986,922
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 10,507,099 10,866,067
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)..... 10,507,099 10,866,067
31 Total liabilities and net assets/fund balances (see instructions). 10,507,099 10,866,067
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
10,507,099
2
Enter amount from Part I, line 27a .....................
2
359,137
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
21,580
4
Add lines 1, 2, and 3 ..........................
4
10,887,816
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
21,749
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
10,866,067
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 25. PACCAR INC   2015-01-05 2018-01-09
b 25. PROGRESSIVE CORP OHIO   2014-06-24 2018-01-09
c 25. PACCAR INC   2015-01-05 2018-01-10
d 25. PROGRESSIVE CORP OHIO   2014-05-14 2018-01-10
e 8961.189 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070   2017-06-26 2018-01-11
4920.541 JPM US L/C CORE PL FD - USD - R6 ISIN US48129C6030   2012-08-17 2018-01-11
75. PACCAR INC   2014-06-19 2018-01-11
25. PROGRESSIVE CORP OHIO   2014-05-14 2018-01-11
281.675 WELLS FARGO CORE BOND FUND - CLASS R6   2015-12-02 2018-01-11
5024.861 WELLS FARGO CORE BOND FUND - CLASS R6   2017-06-26 2018-01-11
25. PROGRESSIVE CORP OHIO   2014-05-14 2018-01-12
25. MICROSOFT CORP   2011-02-07 2018-01-17
25. ACCENTURE PLC   2011-12-19 2018-01-17
741.766 BLACKSTONE PARTNERS OFFSHORE FUND LTD. CLASS H2 - NEW ISSUES   2010-01-29 2018-02-06
6762.69 PIMCO SHORT TERM FUND INSTL   2018-01-11 2018-02-07
34935.938 BLACKROCK HIGH YIELD PT-BLAC   2016-03-01 2018-02-08
8650.418 MFS EMERGING MKTS DEBT FD R6   2016-07-14 2018-02-09
2352.415 VANGUARD TOTAL INTL BND-ADM   2017-04-18 2018-02-26
175. COMCAST CORP NEW CL A   2015-02-09 2018-02-28
25. TWENTY-FIRST CENTURY FOX-A   2016-01-22 2018-02-28
25. TWENTY-FIRST CENTURY FOX - B NON-TRADEABLE ASSET   2016-05-11 2018-02-28
75. COMCAST CORP NEW CL A   2015-02-09 2018-03-01
25. TWENTY-FIRST CENTURY FOX-A   2016-01-22 2018-03-01
150. TWENTY-FIRST CENTURY FOX-A   2016-01-25 2018-03-02
150. MICROSOFT CORP   2011-02-07 2018-04-02
150. MICROSOFT CORP   2011-02-07 2018-04-03
25. PROGRESSIVE CORP OHIO   2014-05-14 2018-04-09
25. PROGRESSIVE CORP OHIO   2014-05-14 2018-04-10
25. PROGRESSIVE CORP OHIO   2014-06-25 2018-04-11
50. PROGRESSIVE CORP OHIO   2014-06-25 2018-04-12
15. TE CONNECTIVITY LTD   2010-11-03 2018-05-01
15. TE CONNECTIVITY LTD   2010-11-03 2018-05-02
20. TE CONNECTIVITY LTD   2010-11-03 2018-05-03
15. TE CONNECTIVITY LTD   2010-11-03 2018-05-04
15. TE CONNECTIVITY LTD   2010-11-03 2018-05-07
20. TE CONNECTIVITY LTD   2010-11-03 2018-05-08
25. TE CONNECTIVITY LTD   2010-11-03 2018-05-09
25. TE CONNECTIVITY LTD   2010-11-03 2018-05-10
20. TE CONNECTIVITY LTD   2010-11-03 2018-05-11
25. PROGRESSIVE CORP OHIO   2014-05-13 2018-05-22
20. PROGRESSIVE CORP OHIO   2014-05-13 2018-05-22
15. UNITEDHEALTH GROUP INC   2013-10-08 2018-05-22
15. ACCENTURE PLC   2010-11-03 2018-05-22
20. UNITEDHEALTH GROUP INC   2013-10-08 2018-05-23
20. ACCENTURE PLC   2010-11-03 2018-05-23
15. UNITEDHEALTH GROUP INC   2013-10-08 2018-05-24
20. ACCENTURE PLC   2010-11-03 2018-05-24
2835. ISHARES CORE MSCI EAFE ETF   2018-01-11 2018-06-11
3782.869 WELLS FARGO CORE BOND FUND - CLASS R6   2015-12-02 2018-06-14
475. COMCAST CORP NEW CL A   2014-07-16 2018-06-20
75. COMCAST CORP NEW CL A   2014-07-16 2018-06-20
100. COMCAST CORP NEW CL A   2014-07-16 2018-06-21
225. COMCAST CORP NEW CL A   2014-07-17 2018-06-21
50. COMCAST CORP NEW CL A   2014-07-18 2018-06-21
100. COMCAST CORP NEW CL A   2014-07-18 2018-06-22
75. COMCAST CORP NEW CL A   2014-07-21 2018-06-22
100. COMCAST CORP NEW CL A   2014-07-21 2018-06-22
58776.42 BLACKSTONE PARTNERS OFFSHORE   2011-03-28 2018-07-03
8422.201 AQR LONG-SHORT EQUITY-R6   2018-02-15 2018-07-12
14748.346 AQR MANAGED FUTURES STR-R6   2018-02-07 2018-07-12
5. PROGRESSIVE CORP OHIO   2014-05-13 2018-07-12
35. PROGRESSIVE CORP OHIO   2014-05-13 2018-07-12
10. PROGRESSIVE CORP OHIO   2014-05-13 2018-07-16
15. PROGRESSIVE CORP OHIO   2014-05-02 2018-07-17
50. PROGRESSIVE CORP OHIO   2014-05-02 2018-07-17
140. PROGRESSIVE CORP OHIO   2014-05-02 2018-07-18
35. PROGRESSIVE CORP OHIO   2014-05-06 2018-07-19
25. PROGRESSIVE CORP OHIO   2014-05-06 2018-07-20
35. PROGRESSIVE CORP OHIO   2014-05-06 2018-07-24
10. TJX COS INC NEW   2017-02-15 2018-07-24
55. PROGRESSIVE CORP OHIO   2014-05-06 2018-07-25
40. TJX COS INC NEW   2017-02-14 2018-07-25
12123.814 BROWN ADV JAPAN ALPHA OPP-IS   2016-02-10 2018-07-26
10439.4 BROWN ADV JAPAN ALPHA OPP-IS   2018-01-11 2018-07-26
40. PROGRESSIVE CORP OHIO   2014-05-09 2018-07-26
30. PROGRESSIVE CORP OHIO   2014-04-30 2018-07-26
15. TJX COS INC NEW   2017-04-13 2018-07-26
45. PROGRESSIVE CORP OHIO   2014-04-30 2018-07-27
10. TJX COS INC NEW   2017-04-13 2018-07-27
40. PROGRESSIVE CORP OHIO   2014-04-29 2018-07-30
20. TJX COS INC NEW   2017-04-13 2018-07-30
45. PROGRESSIVE CORP OHIO   2014-04-29 2018-07-31
30. TJX COS INC NEW   2017-02-17 2018-07-31
20. TJX COS INC NEW   2017-02-17 2018-08-01
40. TJX COS INC NEW   2017-02-16 2018-08-02
565. ISHARES CORE MSCI EAFE ETF   2018-01-11 2018-08-13
1565. ISHARES CORE MSCI EAFE ETF   2017-06-29 2018-08-13
37. GARRETT MOTION INC   2014-07-09 2018-10-02
1704. VANGUARD BD INDEX FD INC   2018-06-14 2018-10-02
20. AETNA INC NEW   2018-04-10 2018-10-08
10. AETNA INC NEW   2018-04-10 2018-10-09
40. AETNA INC NEW   2018-04-05 2018-10-10
30. AETNA INC NEW   2018-04-04 2018-10-16
40. AETNA INC NEW   2018-04-04 2018-10-17
20. TJX COS INC NEW   2017-02-16 2018-10-19
40. TJX COS INC NEW   2017-02-13 2018-10-22
. GARRETT MOTION INC     2018-10-23
55. TJX COS INC NEW   2017-02-10 2018-10-23
70. BANK OF NEW YORK MELLON CORP   2010-11-03 2018-10-30
50. BERKSHIRE HATHAWAY INC DEL CL B   2010-11-03 2018-10-30
170. CENTURYTEL INC   2017-06-09 2018-10-30
70. CERNER CORP   2017-03-23 2018-10-30
6256.046 DODGE & INTERNATIONAL STOCK FUND   2013-10-24 2018-10-30
60. DOLLAR GENERAL CORP   2015-08-31 2018-10-30
40. DOLLAR TREE INC   2018-07-31 2018-10-30
100. EBAY INC   2018-05-10 2018-10-30
65. EBAY INC   2015-07-21 2018-10-30
55. EXPEDITORS INTL WASH INC   2012-05-17 2018-10-30
60. HONEYWELL INTL INC   2016-10-12 2018-10-30
45. J P MORGAN CHASE & CO   2016-08-05 2018-10-30
9264.026 JPM EQUITY FD - USD - R6 ISIN US48121L8173   2011-08-10 2018-10-30
6419.354 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070   2014-12-17 2018-10-30
5324.273 MFS INTL INTRINSIC VALUE-R6   2012-05-23 2018-10-30
120. MASCO CORP   2018-05-01 2018-10-30
40. NESTLE S A SPONSORED ADR REPSTG REG   2018-04-09 2018-10-30
95. NUTRIEN LTD   2013-05-07 2018-10-30
55. OMNICOM GROUP   2015-06-08 2018-10-30
65. ORACLE CORP   2018-01-17 2018-10-30
13795.001 PIMCO SHORT TERM FUND INSTL   2018-01-11 2018-10-30
60. PACCAR INC   2013-04-12 2018-10-30
40. PEPSICO INC   2018-10-11 2018-10-30
45. QUEST DIAGNOSTICS INC   2018-06-20 2018-10-30
62. RESIDEO TECHNOLOGIES INC   2014-07-09 2018-10-30
55. SCHLUMBERGER LTD   2015-09-01 2018-10-30
95. SMITH & NEPHEW PLC SPONS ADR NEW   2018-03-27 2018-10-30
40. STANLEY BLACK & DECKER,INC.   2015-05-11 2018-10-30
40. TJX COS INC NEW   2017-10-04 2018-10-30
120. TWENTY-FIRST CENTURY FOX - B NON-TRADEABLE ASSET   2018-10-03 2018-10-30
70. UNILEVER PLC   2018-04-09 2018-10-30
25. UNITEDHEALTH GROUP INC   2013-10-17 2018-10-30
1437.558 VANGUARD TOTAL INTL BND-ADM   2018-07-17 2018-10-30
1623.377 WELLS FARGO CORE BOND FUND - CLASS R6   2015-12-02 2018-10-30
35. ACCENTURE PLC   2010-11-03 2018-10-30
25. CHUBB LTD   2018-07-30 2018-10-30
30. TE CONNECTIVITY LTD   2010-11-03 2018-10-30
10491.738 AQR LONG-SHORT EQUITY-R6   2018-02-07 2018-11-07
19026.721 AMERICAN BEACON GLG TR-UTL   2018-02-07 2018-11-07
4217.134 GMO SGM MAJOR MARKETS FD-VI   2018-02-07 2018-11-07
12138.612 PIMCO MTGE OPPORTUNITIES-IS   2018-02-07 2018-11-07
10492.827 CHILTON STRATEGIC EUROPEAN EQUITIES FD   2018-02-07 2018-11-16
. RESIDEO TECHNOLOGIES INC     2018-11-19
560.738 CRM LONG/SHORT OPPORTUNITIES FUND   2018-02-07 2018-11-30
250.15 DIAMOND HILL LONG/SHORT-I   2018-11-19 2018-11-30
1033.237 EQUINOX FDS TR IPM SYSTMATC I   2018-02-07 2018-11-30
1957. ISHARES MISCI EAFE INDEX FUND   2017-06-29 2018-11-30
18867.316 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070   2013-06-14 2018-11-30
20. NUTRIEN LTD   2013-05-07 2018-11-30
20. NUTRIEN LTD   2013-05-06 2018-12-03
30. NUTRIEN LTD   2013-05-03 2018-12-04
11583.179 DOUBLELINE TOTL RET BND-I   2012-04-05 2018-12-14
1916.032 CHILTON STRATEGIC EUROPEAN EQUITIES FD   2018-02-07 2018-12-24
CAPITAL GAIN DIVIDENDS P    
(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 1,870   1,671 199
b 1,410   639 771
c 1,860   1,671 189
d 1,391   635 756
e 208,168   186,214 21,954
153,865   112,793 41,072
5,637   4,769 868
1,390   635 755
3,608   3,586 22
64,368   65,072 -704
1,394   635 759
2,251   706 1,545
4,005   1,342 2,663
1,116,752   784,457 332,295
66,883   66,748 135
269,356   246,211 23,145
127,334   129,929 -2,595
50,883   51,236 -353
6,413   5,158 1,255
925   656 269
926   740 186
2,734   2,142 592
910   656 254
5,380   3,924 1,456
13,236   4,238 8,998
13,389   4,145 9,244
1,509   635 874
1,515   635 880
1,500   635 865
3,026   1,270 1,756
1,371   483 888
1,382   483 899
1,828   644 1,184
1,383   483 900
1,397   483 914
1,856   644 1,212
2,334   805 1,529
2,352   805 1,547
1,891   644 1,247
1,552   625 927
1,248   500 748
3,667   1,077 2,590
2,337   678 1,659
4,880   1,436 3,444
3,096   904 2,192
3,640   1,077 2,563
3,109   904 2,205
189,982   193,972 -3,990
47,210   48,155 -945
15,833   13,218 2,615
2,458   2,065 393
3,276   2,753 523
7,459   6,154 1,305
1,636   1,363 273
3,391   2,700 691
2,513   2,019 494
3,378   2,691 687
58,297   41,287 17,010
107,636   119,258 -11,622
129,490   133,768 -4,278
294   125 169
2,056   875 1,181
584   250 334
892   374 518
2,983   1,246 1,737
8,402   3,481 4,921
2,088   865 1,223
1,497   618 879
2,078   865 1,213
970   783 187
3,268   1,353 1,915
3,895   3,118 777
132,028   114,223 17,805
113,685   126,421 -12,736
2,408   983 1,425
1,802   730 1,072
1,465   1,157 308
2,701   1,090 1,611
966   771 195
2,390   969 1,421
1,939   1,542 397
2,679   1,088 1,591
2,915   2,312 603
1,929   1,541 388
3,870   3,083 787
35,421   38,658 -3,237
98,113   95,422 2,691
634   405 229
132,689   132,984 -295
4,082   3,462 620
2,039   1,731 308
8,226   6,847 1,379
5,988   5,128 860
8,038   6,801 1,237
2,149   1,541 608
4,347   3,079 1,268
8     8
5,873   4,141 1,732
3,273   1,769 1,504
10,129   4,049 6,080
3,467   4,564 -1,097
4,019   4,057 -38
251,055   266,358 -15,303
6,720   4,480 2,240
3,371   3,635 -264
2,743   3,843 -1,100
1,783   1,859 -76
3,712   2,083 1,629
8,553   6,183 2,370
4,792   2,976 1,816
150,633   83,827 66,806
138,080   122,166 15,914
213,397   138,698 74,699
3,550   4,611 -1,061
3,363   3,202 161
4,906   10,323 -5,417
4,097   4,044 53
3,146   3,261 -115
136,433   136,157 276
3,387   3,315 72
4,542   4,236 306
4,168   5,036 -868
1,317   1,085 232
2,881   4,160 -1,279
3,094   3,652 -558
4,513   4,139 374
4,397   2,945 1,452
5,403   5,537 -134
3,749   3,932 -183
6,436   1,790 4,646
31,382   31,554 -172
20,000   20,665 -665
5,399   1,583 3,816
3,118   3,487 -369
2,333   966 1,367
127,265   148,184 -20,919
203,396   200,605 2,791
132,587   133,768 -1,181
132,918   133,768 -850
98,003   113,113 -15,110
12     12
5,613   5,792 -179
6,601   6,526 75
10,270   10,322 -52
122,609   127,590 -4,981
416,968   314,976 101,992
1,031   2,144 -1,113
1,048   2,138 -1,090
1,552   3,177 -1,625
120,002   129,867 -9,865
17,838   20,655 -2,817
      90,752
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       199
b       771
c       189
d       756
e       21,954
      41,072
      868
      755
      22
      -704
      759
      1,545
      2,663
      332,295
      135
      23,145
      -2,595
      -353
      1,255
      269
      186
      592
      254
      1,456
      8,998
      9,244
      874
      880
      865
      1,756
      888
      899
      1,184
      900
      914
      1,212
      1,529
      1,547
      1,247
      927
      748
      2,590
      1,659
      3,444
      2,192
      2,563
      2,205
      -3,990
      -945
      2,615
      393
      523
      1,305
      273
      691
      494
      687
      17,010
      -11,622
      -4,278
      169
      1,181
      334
      518
      1,737
      4,921
      1,223
      879
      1,213
      187
      1,915
      777
      17,805
      -12,736
      1,425
      1,072
      308
      1,611
      195
      1,421
      397
      1,591
      603
      388
      787
      -3,237
      2,691
      229
      -295
      620
      308
      1,379
      860
      1,237
      608
      1,268
      8
      1,732
      1,504
      6,080
      -1,097
      -38
      -15,303
      2,240
      -264
      -1,100
      -76
      1,629
      2,370
      1,816
      66,806
      15,914
      74,699
      -1,061
      161
      -5,417
      53
      -115
      276
      72
      306
      -868
      232
      -1,279
      -558
      374
      1,452
      -134
      -183
      4,646
      -172
      -665
      3,816
      -369
      1,367
      -20,919
      2,791
      -1,181
      -850
      -15,110
      12
      -179
      75
      -52
      -4,981
      101,992
      -1,113
      -1,090
      -1,625
      -9,865
      -2,817
       
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 2 810,192
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 601,018 12,842,857 0.046798
2016 647,560 12,202,414 0.053068
2015 659,353 12,889,322 0.051155
2014 573,731 13,186,780 0.043508
2013 621,979 12,596,324 0.049378
2
Total of line 1, column (d) .....................
2
0.243907
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
0.048781
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
13,380,501
5
Multiply line 4 by line 3......................
5
652,714
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,202
7
Add lines 5 and 6........................
7
662,916
8
Enter qualifying distributions from Part XII, line 4,.............
8
628,163
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 20,404
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 20,404
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 20,404
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 17,160
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 13,450
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 30,610
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,206
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet10,206 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    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 addressbullet  
    14
    The books are in care ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    JPMORGAN CHASE BANK NA TRUSTEE
    2     		98,513    
    10 S DEARBORN ST MC IL 1-0111
    CHICAGO,IL60603
    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.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,966,321
    b
    Average of monthly cash balances.......................
    1b
    617,944
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,584,265
    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
    13,584,265
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    203,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,380,501
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    669,025
    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
    669,025
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    20,404
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,404
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    648,621
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    648,621
    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
    648,621
    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
    628,163
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    628,163
    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
    628,163
    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 7 648,621
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 571,633
    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: bullet$ 628,163
    a Applied to 2017, but not more than line 2a 571,633
    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..... 56,530
    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 ..........     		592,091
    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)
    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 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)
    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
    MAXWELL M CORPENING JR MEMORIAL FDN
    C/O W HILL EVANS
    PO BOX 1330
    MARION,NC287521330     		NONE EOF GENERAL 571,633
    Total .................................bullet 3a 571,633
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 282,737  
    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 ............     		    18 810,192  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,092,929  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,092,929
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TOTL RET 140,465 131,260
    091929687 BLACKROCK HIGH YIELD    
    256210105 DODGE & COX INCOME F 135,998 130,582
    552746364 MFS EMERGING MKTS DE    
    92203J308 VANGUARD TOTAL INTL 505,312 501,417
    94987W794 WELLS FARGO CORE BON 383,578 381,327
    921937827 VANGUARD SHORT-TERM 239,792 241,131
    54401E143 LORD ABBETT SHRT DUR 259,482 259,482
    83002G108 SIX CIRCLES ULTRA SH 125,527 125,025

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Name of Stock End of Year Book Value End of Year Fair Market Value
    115233579 BROWN ADV JAPAN ALPH    
    156782104 CERNER CORP 27,966 27,793
    256206103 DODGE & COX INTL STO 414,517 440,809
    256677105 DOLLAR GENERAL CORP 37,773 55,661
    278642103 EBAY INC 26,776 31,158
    302130109 EXPEDITORS INTL WASH 15,715 28,598
    438516106 HONEYWELL INTERNATIO 29,896 41,618
    464287465 ISHARES MSCI EAFE IN 974,728 975,219
    594918104 MICROSOFT CORP    
    641069406 NESTLE SA-SPONS ADR 26,415 33,194
    681919106 OMNICOM GROUP 28,072 28,930
    693718108 PACCAR INC 15,108 20,856
    743315103 PROGRESSIVE CORP    
    806857108 SCHLUMBERGER LTD 38,964 23,813
    854502101 STANLEY BLACK & DECK 23,180 28,139
    904767704 UNILEVER PLC-SPONSOR 25,709 30,305
    20030N101 COMCAST CORP-CLASS A    
    46625H100 JPMORGAN CHASE & CO 26,297 39,536
    68389X105 ORACLE CORP 25,078 27,542
    73755L107 POTASH CORP OF SASKA    
    78462F103 SPDR S&P 500 ETF TRU 2,592,685 3,390,165
    90130A101 TWENTY-FIRST CENTURY    
    90130A200 TWENTY-FIRST CENTURY 34,085 55,186
    91324P102 UNITEDHEALTH GROUP I 14,297 49,824
    G1151C101 ACCENTURE PLC-CL A 10,626 33,137
    H84989104 TE CONNECTIVITY LTD 6,924 17,017
    064058100 BANK OF NEW YORK MEL 14,268 29,654
    084670702 BERKSHIRE HATHAWAY I 21,721 56,150
    156700106 CENTURYLINK INC 28,296 21,225
    46432F842 ISHARES CORE MSCI EA 425,648 384,450
    48121L817 JPMORGAN US EQUITY-R 156,983 235,791
    48129C207 JPMORGAN GL RES ENH 444,972 520,474
    48129C603 JPMORGAN US L/C CORE    
    552746349 MFS INTL VALUE-R6 289,001 479,770
    74834L100 QUEST DIAGNOSTICS IN 38,732 32,059
    872540109 TJX COMPANIES INC 23,131 29,976
    256746108 DOLLAR TREE INC 24,651 25,290
    315911750 FIDELITY 500 INDEX F 297,729 277,393
    354613101 FRANKLIN RESOURCES I 12,946 11,864
    574599106 MASCO CORP 37,308 30,556
    693506107 PPG INDUSTRIES INC 18,143 18,401
    713448108 PEPSICO INC 31,401 34,249
    46641Q696 JPMORGAN BETABUILDER 264,374 233,644
    46641Q712 JPMORGAN BETABUILDER 244,743 210,419
    67077M108 NUTRIEN LTD 44,955 27,025
    83002G306 SIX CIRCLES U.S. UNC 502,110 472,851
    83002G405 SIX CIRCLES INTERNAT 251,055 234,130
    83175M205 SMITH & NEPHEW PLC - 28,184 28,222
    H1467J104 CHUBB LTD 28,383 27,128

    TY 2018 InvestmentsOtherSchedule2
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    092911965 BLACKSTONE PARTNERS      
    09257V508 BLACKSTONE ALT MULTI AT COST 259,482 250,476
    12628J881 CRM LONG/SHORT OPPOR AT COST 127,975 115,091
    25264S833 DIAMOND HILL LONG/SH AT COST 122,450 109,449
    29446A710 EQUINOX FDS TR IPM S AT COST 123,445 123,445

    TY 2018 LegalFeesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 9,365     9,365
    LEGAL FEES - INCOME (ALLOCABLE 7,745     7,745


    TY 2018 OtherDecreasesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Description Amount
    2018 TRANSACTION POSTED IN 2019 21,685
    COST BASIS ADJUSTMENT 9
    ROUNDING 55


    TY 2018 OtherExpensesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY GENERAL FEE 15 0   15
    OTHER EXPENSE (NON-DEDUCTIBLE 34 34   0


    TY 2018 OtherIncreasesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Description Amount
    2017 TRANSACTION POSTED IN 2018 21,580


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 5,571 5,571    


    TY 2018 TaxesSchedule
    Name:
    MAXWELL M CORPENING JR MEMORIAL TRUST
    EIN:
    36-6479344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 814 814   0
    FEDERAL TAX PAYMENT - PRIOR YE 24,400 0   0
    FEDERAL ESTIMATES - INCOME 8,518 0   0
    FOREIGN TAXES ON QUALIFIED FOR 6,883 6,883   0
    FOREIGN TAXES ON NONQUALIFIED 301 301   0