TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
PHILIP S MILLER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634

A Employer identification number

84-6290472

B Telephone number (see instructions)

(503) 464-3580

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$29,358,998J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	649,271		635,839
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,283,615
b	Gross sales price for all assets on line 6a 9,840,159
7	Capital gain net income (from Part IV, line 2)...			1,283,615
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).......		64,321	65,397
12	Total. Add lines 1 through 11........	1,997,207		1,984,851
13	Compensation of officers, directors, trustees, etc.	256,875		231,188		25,688
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		50,888	17,888		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).......		3,945	3,905
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	313,208		252,981	0	27,188
25	Contributions, gifts, grants paid.......	1,580,000				1,580,000
26	Total expenses and disbursements. Add lines 24 and 25	1,893,208		252,981	0	1,607,188
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	103,999
b	Net investment income (if negative, enter -0-)			1,731,870
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,331,993	1,324,151	1,324,151
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	15,849,795	16,864,720	17,591,045
	c	Investments—corporate bonds (attach schedule).......	7,855,646	9,027,849	8,914,729
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,543,367	1,431,784	1,526,599
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1,358	2,474	2,474
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	28,582,159	28,650,978	29,358,998
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	28,582,159	28,650,978
	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).....	28,582,159	28,650,978
	31	Total liabilities and net assets/fund balances (see instructions).	28,582,159	28,650,978

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

28,582,159

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

103,999

Other increases not included in line 2 (itemize) bullet

5,349

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

28,691,507

Decreases not included in line 2 (itemize) bullet

40,529

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

28,650,978

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	111. AUTOHOME INC			2018-01-03
b	96. CARNIVAL PLC A D R		2017-08-21	2018-01-03
c	37. 51JOB INC A D R			2018-01-03
d	23. FLY LEASING LTD A D R		2016-07-07	2018-01-03
e	295. FLY LEASING LTD A D R		2017-10-31	2018-01-03
	38. FRESENIUS MED AKTIENGESELLSCHAFT ADR		2016-12-01	2018-01-03
	679. LG DISPLAY CO LTD A D R			2018-01-03
	500. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-10-31	2018-01-03
	61. NOVARTIS AG SPONSORED ADR		2017-09-13	2018-01-03
	1272. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-16	2018-01-03
	39. WNS HOLDINGS LTD ADR		2016-10-06	2018-01-03
	133.00233 WNS HOLDINGS LTD ADR		2017-12-13	2018-01-03
	94.99767 WNS HOLDINGS LTD ADR		2017-12-13	2018-01-03
	250000. HSBC USA INC 1.625% 1/16/18		2013-03-18	2018-01-16
	56. DIAGEO SPONSORED ADR (UK-USD) SEDOL #2133896		2017-10-31	2018-01-17
	91. POSCO A D R			2018-01-17
	306. SONY CORP AMERN SH NEW		2017-01-09	2018-01-17
	942. STMICROELECTRONICS N V SHS N Y REGISTRY			2018-01-17
	211. TATA MOTORS LTD A D R		2017-12-13	2018-01-17
	17. YY INC A D R		2017-08-21	2018-01-17
	267. COMCAST CORP CL A			2018-01-23
	35. HOME DEPOT INC		2016-04-19	2018-01-23
	38. MCDONALDS CORP			2018-01-23
	120. T J X COS INC NEW			2018-01-23
	83. AVERY DENNISON CORP COM		2017-07-18	2018-01-24
	67. CINTAS CORP		2017-01-03	2018-01-24
	126. IPG PHOTONIC CORP COM		2017-01-03	2018-01-24
	.75 H E I C O CORPORATION CL A		2016-07-07	2018-01-25
	1. URBAN OUTFITTERS INC		1911-11-11	2018-01-26
	272. ARCELORMITTAL CLASS A N Y REGISTRY		2018-01-17	2018-01-29
	88. DIAGEO SPONSORED ADR (UK-USD) SEDOL #2133896			2018-01-29
	188. KONINKLIJKE PHILIPS NVR NY A D R		2017-12-13	2018-01-29
	79. NOVO-NORDISK A S SPONSORED ADR			2018-01-29
	228. SK TELECOM CO LTD A D R		2017-10-06	2018-01-29
	60. SMITH NEPHEW P L C A D R		2017-10-31	2018-01-29
	191. SONY CORP AMERN SH NEW			2018-01-29
	923. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-01-29
	1217. FABRINET			2018-01-29
	241. UNITED TECHNOLOGIES CORP		2017-07-11	2018-02-07
	326. CAMDEN PPTY TR SBI			2018-02-09
	303. CAMDEN PPTY TR SBI		2017-07-18	2018-02-09
	278. HUNT J B TRANS SVCS INC			2018-02-09
	305. HUNT J B TRANS SVCS INC		2017-07-18	2018-02-09
	267. ABBVIE INC		2016-11-01	2018-02-20
	112. AMERICAN TOWER CORP		2017-12-12	2018-02-20
	85. ESSEX PPTY TR INC			2018-02-20
	217. EXXON MOBIL CORP		2017-10-17	2018-02-20
	183. EXXON MOBIL CORP		2016-04-19	2018-02-20
	1. ADIDAS AG A D R		2016-08-17	2018-02-22
	337. BHP LTD SPONSORED ADR		2018-01-03	2018-02-22
	268. 51JOB INC A D R			2018-02-22
	655. ING GROEP N V SPONSORED ADR			2018-02-22
	214. KONINKLIJKE PHILIPS NVR NY A D R			2018-02-22
	489. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-02-22
	154. ROYAL DUTCH SHELL PLC A D R			2018-02-22
	230. SMITH NEPHEW P L C A D R		2017-10-31	2018-02-22
	203. SONY CORP AMERN SH NEW			2018-02-22
	448. UNILEVER N V COM			2018-02-22
	453. MERCADOLIBRE INC			2018-02-23
	133. ABB LTD A D R		2017-10-31	2018-03-06
	48. ADIDAS AG A D R			2018-03-06
	98. 51JOB INC A D R		2017-06-07	2018-03-06
	33. FRESENIUS MED AKTIENGESELLSCHAFT ADR		2018-01-29	2018-03-06
	105. ING GROEP N V SPONSORED ADR		2017-06-30	2018-03-06
	381. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-03-06
	378. NOVARTIS AG SPONSORED ADR			2018-03-06
	92. NOVO-NORDISK A S SPONSORED ADR		2017-11-30	2018-03-06
	577. SMITH NEPHEW P L C A D R		2017-10-31	2018-03-06
	437. SONY CORP AMERN SH NEW			2018-03-06
	35. SONY CORP AMERN SH NEW		2017-01-09	2018-03-06
	300000. BERKSHIRE HATHAWAY 1.450% 3/07/18		2017-07-12	2018-03-07
	586. CVS CORP COM			2018-03-07
	853. GENERAL MILLS INC			2018-03-07
	333. HASBRO INC COM			2018-03-14
	150. HASBRO INC COM		2017-07-18	2018-03-14
	64. ABB LTD A D R		2017-10-31	2018-03-19
	610.00038 ARCELORMITTAL CLASS A N Y REGISTRY		2018-01-03	2018-03-19
	1040.99962 ARCELORMITTAL CLASS A N Y REGISTRY			2018-03-19
	55. ING GROEP N V SPONSORED ADR			2018-03-19
	238. KT CORP SP A D R		2017-10-31	2018-03-19
	243. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-03-19
	53. RELX NV SPON A D R		2016-04-19	2018-03-19
	106. SK TELECOM CO LTD A D R		2018-02-22	2018-03-19
	133. SMITH NEPHEW P L C A D R		2017-10-31	2018-03-19
	463. AUTOHOME INC		2016-11-30	2018-03-21
	157. FACTSET RESEARCH SYSTEMS INC			2018-03-28
	180. FACTSET RESEARCH SYSTEMS INC		2017-07-18	2018-03-28
	400000. MEDTRONIC INC 1.375% 4/01/18		2017-01-10	2018-04-01
	121. ABB LTD A D R			2018-04-02
	1151. ARCELORMITTAL CLASS A N Y REGISTRY			2018-04-02
	23. ARGENX SE A D R		2018-03-06	2018-04-02
	15. ARGENX SE A D R		2018-03-06	2018-04-02
	128. ING GROEP N V SPONSORED ADR		2017-06-19	2018-04-02
	893. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-04-02
	63. RELX NV SPON A D R		2016-04-19	2018-04-02
	308. SK TELECOM CO LTD A D R		2018-02-22	2018-04-02
	32. SMITH NEPHEW P L C A D R		2017-10-31	2018-04-02
	81. SONY CORP AMERN SH NEW		2018-03-19	2018-04-02
	66. SONY CORP AMERN SH NEW		2017-03-10	2018-04-02
	339. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-04-02
	69. WPP PLC SPONSORED A D R		2018-02-22	2018-04-02
	230. INTERNATIONAL PAPER CO		2017-08-08	2018-04-03
	286. ABB LTD A D R		2017-11-30	2018-04-09
	17. ADECCO SA A D R			2018-04-09
	76. ADIDAS AG A D R			2018-04-09
	1020. AEGON N V NY REG SHR		2018-01-29	2018-04-09
	32. ARCELORMITTAL CLASS A N Y REGISTRY		2017-12-13	2018-04-09
	4. ARGENX SE A D R		2018-02-20	2018-04-09
	336. ASTELLAS PHARMA INC A D R			2018-04-09
	250000. BANK MONTREAL MTN 1.450% 4/09/18		2013-05-15	2018-04-09
	67. CNOOC LTD A D R			2018-04-09
	1025. CANON INC ADR REPSTG 5 SHS		2017-10-31	2018-04-09
	13. CARNIVAL PLC A D R		2018-04-02	2018-04-09
	10. CHINA PETROLEUM CHEM A D R		2018-04-02	2018-04-09
	72. CRITEO SA SPON A D R		2018-02-22	2018-04-09
	51.99864 DBS GROUP HOLDINGS LTD - SPON ADR			2018-04-09
	3.00136 DBS GROUP HOLDINGS LTD - SPON ADR		2018-02-22	2018-04-09
	19. DAQO NEW ENERGY CORP			2018-04-09
	24. FAST RETAILING CO UNSPON A D R			2018-04-09
	279. FLY LEASING LTD A D R		2016-07-07	2018-04-09
	110. FLY LEASING LTD A D R		2018-03-19	2018-04-09
	60.99978 FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-04-09
	17.00022 FRESENIUS MED AKTIENGESELLSCHAFT ADR		2018-01-17	2018-04-09
	53. INFOSYS TECHNOLOGIES SP A D R		2018-03-06	2018-04-09
	95. ING GROEP N V SPONSORED ADR		2017-06-19	2018-04-09
	115. INTERCONTINENTAL HOTELS A D R		2018-01-29	2018-04-09
	1169. KT CORP SP A D R			2018-04-09
	348. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-04-09
	239. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-01-09	2018-04-09
	42. MIZUHO FNL GRP A D R		2016-04-19	2018-04-09
	146.99791 NTT DOCOMO INC A D R			2018-04-09
	460.00209 NTT DOCOMO INC A D R		2016-07-07	2018-04-09
	183. NICE SYS LTD SPONSORED A D R		2018-03-19	2018-04-09
	9. NOVARTIS AG SPONSORED ADR		2017-10-06	2018-04-09
	139. NOVO-NORDISK A S SPONSORED ADR		2017-11-30	2018-04-09
	105. NOVO-NORDISK A S SPONSORED ADR		2017-02-06	2018-04-09
	93.00026 ORIX CORP SPONS A D R			2018-04-09
	24.99974 ORIX CORP SPONS A D R		2018-01-17	2018-04-09
	15. POSCO A D R		2017-10-19	2018-04-09
	27. POSCO A D R		2016-07-07	2018-04-09
	70. PANASONIC CORP A D R		2018-03-19	2018-04-09
	142. PEARSON P L C A D R		2018-03-19	2018-04-09
	35. PETRO CHINA COMPANY LTD A D R		2018-01-03	2018-04-09
	417. RELX NV SPON A D R		2016-04-19	2018-04-09
	381. ROCHE HLDG LTD SPONSORED ADR		2017-09-13	2018-04-09
	775. SMITH NEPHEW P L C A D R		2015-05-26	2018-04-09
	6. SMITH NEPHEW P L C A D R		2017-10-31	2018-04-09
	290. SONY CORP AMERN SH NEW			2018-04-09
	70. SONY CORP AMERN SH NEW		2017-07-26	2018-04-09
	229. STATOIL ASA A D R		2018-01-17	2018-04-09
	188. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-04-09
	82. SUMITOMO MITSUI FINL GROUP A D R		2016-11-18	2018-04-09
	165. SUMITOMO MITSUI FINL GROUP A D R		2018-02-22	2018-04-09
	29. UNITED OVERSEAS BK LTD SPSD ADR		2018-03-06	2018-04-09
	57.01027 WNS HOLDINGS LTD ADR		2018-03-19	2018-04-09
	31.98973 WNS HOLDINGS LTD ADR		2018-03-19	2018-04-09
	132. WNS HOLDINGS LTD ADR		2017-01-23	2018-04-09
	44. YY INC A D R		2017-08-21	2018-04-09
	128. ABB LTD A D R			2018-04-11
	29. ARCELORMITTAL CLASS A N Y REGISTRY		2017-12-13	2018-04-11
	44. ARGENX SE A D R			2018-04-11
	439. H E I C O CORPORATION CL A		2016-07-07	2018-04-11
	257. ING GROEP N V SPONSORED ADR			2018-04-11
	35. INTERCONTINENTAL HOTELS A D R		2018-01-29	2018-04-11
	296. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-06-07	2018-04-11
	235. PRICE SMART INC		2016-07-07	2018-04-11
	89. RELX NV SPON A D R		2016-04-19	2018-04-11
	6795.121 ROWE T PRICE MID CAP GROWTH FD INC			2018-04-11
	471. ABBVIE INC		2016-11-01	2018-04-17
	52. AUTOMATIC DATA PROCESSING INC		2016-11-16	2018-04-17
	42. CME GROUP INC			2018-04-17
	98. CROWN CASTLE INTL CORP		2018-02-20	2018-04-17
	159. HOME DEPOT INC		2016-04-19	2018-04-17
	640. MICROSOFT CORP COM		2016-11-01	2018-04-17
	536. NORTHERN TRUST CORPORATION COMMON STOCK		2016-11-01	2018-04-17
	76. UNITEDHEALTH GRP INC COM			2018-04-17
	74. ARGENX SE A D R		2018-03-06	2018-04-23
	73. ING GROEP N V SPONSORED ADR		2017-05-16	2018-04-23
	120. INTERCONTINENTAL HOTELS A D R			2018-04-23
	817. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-04-23
	61. RELX NV SPON A D R		2016-04-19	2018-04-23
	453. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-04-23
	1. SECURITY LITIGATION		1911-11-11	2018-05-01
	346. ING GROEP N V SPONSORED ADR		2017-05-16	2018-05-04
	183. INTERCONTINENTAL HOTELS A D R			2018-05-04
	83. NOVARTIS AG SPONSORED ADR		2017-10-06	2018-05-04
	62. RELX NV SPON A D R		2016-04-19	2018-05-04
	235. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-05-04
	268. YY INC A D R		2017-08-21	2018-05-04
	600000. JPMORGAN CHASE CO 1.625% 5/15/18		2017-06-14	2018-05-15
	148. AIA GROUP LTD ADR		2017-05-03	2018-05-16
	192. ARCELORMITTAL CLASS A N Y REGISTRY		2017-12-13	2018-05-16
	85. AUTOHOME INC		2018-05-04	2018-05-16
	528. CANON INC ADR REPSTG 5 SHS		2017-10-31	2018-05-16
	41. FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-05-16
	381. INFOSYS TECHNOLOGIES SP A D R		2018-03-06	2018-05-16
	16. NESTLE S A SPONSORED ADR REPSTG REG SH		2018-04-09	2018-05-16
	392. NESTLE S A SPONSORED ADR REPSTG REG SH			2018-05-16
	62. PANASONIC CORP A D R		2018-03-12	2018-05-16
	294. PEARSON P L C A D R			2018-05-16
	132. RELX NV SPON A D R			2018-05-16
	106. SMITH NEPHEW P L C A D R		2017-10-19	2018-05-16
	65. SONY CORP AMERN SH NEW		2017-05-03	2018-05-16
	1234. SONY CORP AMERN SH NEW			2018-05-16
	31. ABB LTD A D R		2017-11-16	2018-05-30
	222. AIA GROUP LTD ADR			2018-05-30
	140.99938 CANON INC ADR REPSTG 5 SHS		2017-10-31	2018-05-30
	117. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-05-30
	49.00062 CANON INC ADR REPSTG 5 SHS		2017-10-31	2018-05-30
	45. DANONE SPONS A D R		2018-04-09	2018-05-30
	139. DANONE SPONS A D R		2016-04-19	2018-05-30
	1080. ENERSIS SA SPONSORED ADR		2018-05-04	2018-05-30
	154. NESTLE S A SPONSORED ADR REPSTG REG SH		2016-07-07	2018-05-30
	771. PANASONIC CORP A D R			2018-05-30
	137. RELX NV SPON A D R		2016-03-21	2018-05-30
	639. SMITH NEPHEW P L C A D R			2018-05-30
	141. SUMITOMO MITSUI FINL GROUP A D R		2018-02-24	2018-05-30
	226. YY INC A D R			2018-05-30
	600000. PNC BANK NA MTN 1.600% 6/01/18		2017-06-13	2018-06-01
	1983. ABAXIS INC			2018-06-06
	280. AAON INC		2016-07-07	2018-06-08
	109. ANSYS INC COMMON STOCK		2016-07-07	2018-06-08
	310. ASPEN TECHNOLOGY INC COM		2016-07-07	2018-06-08
	26870. AUTO TRADER GROUP UNSP A D R		2018-06-06	2018-06-08
	588. AUTOHOME INC			2018-06-08
	746. CHEFS WAREHOUSE HOLDINGS LLC		2016-07-07	2018-06-08
	512. COPART INC COM		2016-07-07	2018-06-08
	184. DOCUSIGN INC		2018-05-01	2018-06-08
	395. DONALDSON CO INC		2016-06-24	2018-06-08
	115. ELLIE MAE INC		2016-07-07	2018-06-08
	604. EMERALD EXPOSITIONS EVENTS I		2017-08-16	2018-06-08
	92. FACTSET RESEARCH SYSTEMS INC		2016-07-07	2018-06-08
	130. FINANCIAL ENGINES INC		2016-06-24	2018-06-08
	1092. FOX FACTORY HOLDING CORP		2016-07-07	2018-06-08
	380. H E I C O CORPORATION CL A		2016-07-07	2018-06-08
	562. INTERACTIVE BROKERS GROUP CL A		2017-01-12	2018-06-08
	73. MARKETAXESS HLDGS INC		2016-07-07	2018-06-08
	357. MOELIS CO		2018-03-21	2018-06-08
	194. MORNINGSTAR INC		2016-07-07	2018-06-08
	314. NVE CORP		2016-06-24	2018-06-08
	189. OLD DOMINION FGHT LINE INC		2016-09-23	2018-06-08
	577. OLLIES BARGAIN OUTLET HOLDI			2018-06-08
	89. PAYCOM SOFTWARE INC		2016-07-07	2018-06-08
	99. PRICE SMART INC		2016-07-07	2018-06-08
	299. RBC BEARINGS INC		2016-07-01	2018-06-08
	1121. RIGHTMOVE PLC UNSP A D R		2018-02-14	2018-06-08
	59. U S PHYSICAL THERAPY INC		2017-10-06	2018-06-08
	422. WABCO HLDGS INC			2018-06-08
	645. AIA GROUP LTD ADR			2018-06-12
	831. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-06-12
	497. FINANCIAL ENGINES INC			2018-06-12
	84. INTERCONTINENTAL HOTELS A D R			2018-06-12
	279. RELX NV SPON A D R			2018-06-12
	1357. SMITH NEPHEW P L C A D R			2018-06-12
	828. MASCO CORP COM			2018-06-13
	591. MASCO CORP COM		2017-07-18	2018-06-13
	531. TIME WARNER INC		2016-11-01	2018-06-14
	538. CAMBREX CORP COM			2018-06-20
	400. CAMBREX CORP COM		2017-07-18	2018-06-20
	2994. RPC ENERGY SVCS INC		2018-01-29	2018-06-22
	47.00025 CARNIVAL PLC A D R		2018-04-23	2018-06-25
	33.99975 CARNIVAL PLC A D R		2018-04-23	2018-06-25
	727. DANONE SPONS A D R		2016-04-19	2018-06-25
	189. DAQO NEW ENERGY CORP			2018-06-25
	12. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-06-25
	61. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-05-30	2018-06-25
	119. NESTLE S A SPONSORED ADR REPSTG REG SH		2016-07-07	2018-06-25
	154. NOVO-NORDISK A S SPONSORED ADR			2018-06-25
	5. ORIX CORP SPONS A D R		2017-12-27	2018-06-25
	253. PEARSON P L C A D R		2018-06-12	2018-06-25
	355.98747 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-06-25
	23.01253 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-06-25
	999. ATT INC		2017-07-11	2018-06-26
	145. CME GROUP INC		2016-11-01	2018-06-26
	204. MICROSOFT CORP COM		2016-11-01	2018-06-26
	111. MONOLITHIC POWER SYSTEMS INC		2017-02-02	2018-06-27
	214. TEXAS ROADHOUSE INC		2017-01-03	2018-06-27
	1. AMERICAN INTL GROUP INC		1911-11-11	2018-07-02
	1. AMERICAN INTL GROUP INC		1911-11-11	2018-07-02
	1. AMERICAN INTL GROUP INC		1911-11-11	2018-07-02
	1. AMERICAN INTL GROUP INC		1911-11-11	2018-07-02
	453. BAYER A G SPONSORED ADR		1901-01-01	2018-07-02
	72. ABB LTD A D R		2017-11-16	2018-07-09
	419. B H P BILLITON PLC SPSD A D R		2018-06-12	2018-07-09
	370. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-07-09
	49. CANON INC ADR REPSTG 5 SHS		2017-11-26	2018-07-09
	197. CARNIVAL PLC A D R			2018-07-09
	85. 58.COM INC A D R		2018-05-30	2018-07-09
	38. POSCO A D R		2017-10-31	2018-07-09
	21. RELX NV SPON A D R		2016-07-07	2018-07-09
	58. BROADCOM INC		2017-01-24	2018-07-10
	224. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-07-18
	46. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-07-18
	222. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-07-18
	864. OLLIES BARGAIN OUTLET HOLDI		2016-06-24	2018-07-18
	79. YY INC A D R		2018-07-09	2018-07-18
	169. EQUITY LIFESTYLE PPTYS INC		2017-08-22	2018-07-24
	39. AIA GROUP LTD ADR		2017-04-05	2018-07-31
	29. AIA GROUP LTD ADR		2018-04-09	2018-07-31
	353. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-07-31
	109. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-07-31
	311. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-05-30	2018-07-31
	8. ORIX CORP SPONS A D R			2018-07-31
	12. POSCO A D R		2017-10-31	2018-07-31
	702. RIO TINTO PLC SPONSORED ADR			2018-07-31
	154. ROYAL DUTCH SHELL PLC A D R			2018-07-31
	177.00026 SMITH NEPHEW P L C A D R			2018-07-31
	53.99974 SMITH NEPHEW P L C A D R			2018-07-31
	102. SONY CORP AMERN SH NEW		2017-08-21	2018-07-31
	268. AAON INC		2016-07-07	2018-08-07
	51. ANSYS INC COMMON STOCK		2016-07-07	2018-08-07
	126. ASPEN TECHNOLOGY INC COM			2018-08-07
	12589. AUTO TRADER GROUP UNSP A D R			2018-08-07
	272. AUTOHOME INC		2016-06-24	2018-08-07
	116. AUTOMATIC DATA PROCESSING INC			2018-08-07
	10. BLACKROCK INC			2018-08-07
	435. CHEFS WAREHOUSE HOLDINGS LLC			2018-08-07
	232. COPART INC COM		2016-07-07	2018-08-07
	233. DOCUSIGN INC		2018-05-01	2018-08-07
	123. DONALDSON CO INC		2016-06-24	2018-08-07
	57. ELLIE MAE INC		2016-07-07	2018-08-07
	280. EMERALD EXPOSITIONS EVENTS I		2017-08-16	2018-08-07
	35. FACTSET RESEARCH SYSTEMS INC		2016-07-07	2018-08-07
	273. FOX FACTORY HOLDING CORP		2016-07-07	2018-08-07
	205. H E I C O CORPORATION CL A		2016-07-07	2018-08-07
	255. INTERACTIVE BROKERS GROUP CL A		2017-01-12	2018-08-07
	32. MARKETAXESS HLDGS INC		2016-07-07	2018-08-07
	152. MOELIS CO		2018-03-21	2018-08-07
	76. MORNINGSTAR INC		2016-07-07	2018-08-07
	91. NVE CORP		2016-06-24	2018-08-07
	107. OLD DOMINION FGHT LINE INC		2016-09-23	2018-08-07
	100. OLLIES BARGAIN OUTLET HOLDI		2016-06-24	2018-08-07
	42. PAYCOM SOFTWARE INC		2016-07-07	2018-08-07
	58. T ROWE PRICE GROUP INC			2018-08-07
	62. PRICE SMART INC			2018-08-07
	75. RBC BEARINGS INC		2016-07-01	2018-08-07
	803. RIGHTMOVE PLC UNSP A D R		2018-02-14	2018-08-07
	36. U S PHYSICAL THERAPY INC		2017-10-06	2018-08-07
	571. COCA COLA EUROREAN PARTNERS		2017-08-22	2018-08-07
	127. B H P BILLITON PLC SPSD A D R			2018-08-10
	86.99941 CRITEO SA SPON A D R			2018-08-10
	50.00059 CRITEO SA SPON A D R		2018-06-25	2018-08-10
	218. 58.COM INC A D R		2018-05-30	2018-08-10
	499. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-08-10
	42. POSCO A D R		2017-10-31	2018-08-10
	68. POSCO A D R		2017-07-13	2018-08-10
	324. SMITH NEPHEW P L C A D R			2018-08-10
	.047 ATT INC		2017-01-24	2018-08-16
	3370. MATTEL INC		2016-03-02	2018-08-17
	61. AUTOMATIC DATA PROCESSING INC		2016-11-01	2018-08-21
	28. BLACKROCK INC		2016-11-01	2018-08-21
	56. BROADCOM INC		2017-01-24	2018-08-21
	18. BROADCOM INC		2017-10-09	2018-08-21
	109. CME GROUP INC		2016-11-01	2018-08-21
	562. DUKE REALTY CORPORATION			2018-08-21
	230. MICROSOFT CORP COM		2016-11-01	2018-08-21
	57. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010		2016-11-01	2018-08-21
	55. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010		2018-01-23	2018-08-21
	65. T ROWE PRICE GROUP INC			2018-08-21
	335. SUNCOR ENERGY INC		2016-12-13	2018-08-21
	58. UNITEDHEALTH GRP INC COM		2016-11-01	2018-08-21
	127. B H P BILLITON PLC SPSD A D R		2018-05-30	2018-08-23
	1034. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-08-23
	88. POSCO A D R			2018-08-23
	62. POSCO A D R			2018-08-23
	37. RELX NV SPON A D R		2016-07-07	2018-08-23
	439. SMITH NEPHEW P L C A D R			2018-08-23
	560. M K S INSTRUMENTS INC		2018-02-09	2018-08-27
	40. BOEING COMPANY		2017-03-21	2018-09-04
	72. HOME DEPOT INC			2018-09-04
	96. T J X COS INC NEW			2018-09-04
	1. ABB LTD A D R		2017-11-16	2018-09-07
	697. MELCO CROWN ENTERTAINMENT LMTD A D R		2017-05-16	2018-09-07
	224. MELCO CROWN ENTERTAINMENT LMTD A D R		2018-06-12	2018-09-07
	255. SMITH NEPHEW P L C A D R			2018-09-07
	102. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-09-07
	453. LCI INDUSTRIES		2017-10-31	2018-09-10
	638. CARTERS INC			2018-09-18
	23. GENERAL DYNAMICS CORP			2018-09-18
	37. NEXTERA ENERGY INC		2016-11-01	2018-09-18
	64. WAL MART STORES INC			2018-09-18
	64. AIA GROUP LTD ADR		2017-04-05	2018-09-20
	343. B H P BILLITON PLC SPSD A D R		2018-05-30	2018-09-20
	17. BAYER A G SPONSORED ADR		2018-04-09	2018-09-20
	436. BAYER A G SPONSORED ADR			2018-09-20
	75. DR REDDYS LABORATORIES LTD A D R		2018-08-23	2018-09-20
	67. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-09-20
	14. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-09-20
	863. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-09-20
	52. RELX PLC SPON A D R		2018-06-25	2018-09-20
	119. RELX PLC SPON A D R		2016-07-07	2018-09-20
	144. SMITH NEPHEW P L C A D R			2018-09-20
	1560. TEMPUR-PEDIC INTL INC		2015-11-16	2018-09-21
	265. AIA GROUP LTD ADR		2017-04-05	2018-10-05
	508. ASPEN TECHNOLOGY INC COM		2016-06-24	2018-10-05
	166. DR REDDYS LABORATORIES LTD A D R		2018-08-23	2018-10-05
	35. INTERCONTINENTAL HOTELS A D R		2018-01-03	2018-10-05
	1699. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-10-05
	171. SMITH NEPHEW P L C A D R			2018-10-05
	106. TALEND SA A D R		2018-08-10	2018-10-05
	269. OLLIES BARGAIN OUTLET HOLDI		2016-06-24	2018-10-08
	348. SNAP ON INC			2018-10-12
	78. GARRETT MOTION INC		2016-11-01	2018-10-16
	155. PHILIP MORRIS INTL		2018-03-07	2018-10-16
	408. AIA GROUP LTD ADR			2018-10-17
	101. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-10-17
	954. COGNEX CORP			2018-10-17
	151. GLAXO SMITHKLINE P L C A D R			2018-10-17
	126. HONDA MOTOR LTD ADR COMMON 50YEN		2018-04-23	2018-10-17
	123. MCCORMICK & CO INC COM		2017-08-14	2018-10-17
	889. MELCO CROWN ENTERTAINMENT LMTD A D R			2018-10-17
	419. RELX PLC SPON A D R		2016-07-07	2018-10-17
	82. SONY CORP AMERN SH NEW		2017-08-21	2018-10-17
	26. SONY CORP AMERN SH NEW		2018-09-20	2018-10-17
	98. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-10-17
	.1 GARRETT MOTION INC		2016-11-01	2018-10-26
	296. ABB LTD A D R		2017-11-16	2018-10-30
	222. AIA GROUP LTD ADR		2017-04-21	2018-10-30
	750. ATT INC			2018-10-30
	4. ADIDAS AG A D R		2016-07-07	2018-10-30
	633. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-10-30
	716. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-10-30
	133. KONINKLIJKE PHILIPS NVR NY A D R			2018-10-30
	1. SECURITY LITIGATION		1911-11-11	2018-10-30
	861. BARNES GROUP INC		2017-09-07	2018-11-02
	131. HENRY JACK & ASSOC INC COM		2017-07-18	2018-11-02
	767. CA INC		2018-06-26	2018-11-05
	.1667 RESIDEO TECHNOLOGIES INC		2016-11-01	2018-11-05
	838. H E I C O CORPORATION CL A			2018-11-06
	1. SECURITY LITIGATION		1911-11-11	2018-11-08
	246. ABB LTD A D R		2017-06-30	2018-11-13
	319. ABB LTD A D R		2017-11-16	2018-11-13
	204. ARCELORMITTAL CLASS A N Y REGISTRY		2018-10-05	2018-11-13
	442. CANON INC ADR REPSTG 5 SHS		2016-04-19	2018-11-13
	161. GLAXO SMITHKLINE P L C A D R		2018-07-31	2018-11-13
	103. RELX PLC SPON A D R		2016-07-07	2018-11-13
	183. ROYAL DUTCH SHELL PLC A D R			2018-11-13
	464. STMICROELECTRONICS N V SHS N Y REGISTRY		2017-05-26	2018-11-13
	8160. ERICSSON LM TEL SP A D R		2015-11-16	2018-11-26
	2280. GEMALTO NV SPONSORED ADR		2015-11-16	2018-11-26
	3974.269 VANGUARD MID CAP INDEX-ADM			2018-11-26
	130. RESIDEO TECHNOLOGIES INC		2016-11-01	2018-11-27
	500. ABB LTD A D R			2018-11-29
	97. BP AMOCO P L C SPONSORED ADR		2018-07-31	2018-11-29
	483. CANON INC ADR REPSTG 5 SHS			2018-11-29
	69. CHINA PETROLEUM CHEM A D R		2018-05-16	2018-11-29
	131. EQUINOR ASA SPON ADR			2018-11-29
	120. FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-11-29
	725. GLAXO SMITHKLINE P L C A D R			2018-11-29
	367. RELX PLC SPON A D R		2016-07-07	2018-11-29
	143.00076 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-11-29
	91.99924 TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-11-29
	403. INTL FLAVORS FRAGRANCES			2018-12-04
	2733. EMERALD EXPOSITIONS EVENTS I			2018-12-07
	169. ABB LTD A D R		2016-07-07	2018-12-11
	139. BP AMOCO P L C SPONSORED ADR		2018-07-31	2018-12-11
	726. CANON INC ADR REPSTG 5 SHS		2016-07-07	2018-12-11
	203. CHINA PETROLEUM CHEM A D R			2018-12-11
	132. EQUINOR ASA SPON ADR			2018-12-11
	105. FRESENIUS MED AKTIENGESELLSCHAFT ADR			2018-12-11
	66. HONDA MOTOR LTD ADR COMMON 50YEN		2018-03-27	2018-12-11
	77. KONINKLIJKE PHILIPS NVR NY A D R		2018-08-26	2018-12-11
	10. ORIX CORP SPONS A D R		2017-12-27	2018-12-11
	458. RELX PLC SPON A D R		2016-07-07	2018-12-11
	45. SONY CORP AMERN SH NEW		2018-11-29	2018-12-11
	272. STANLEY BLACK DECKER INC			2018-12-11
	527. TEVA PHARMACEUTICALS INDS LTD ADR		2018-06-12	2018-12-11
	228. IPG PHOTONIC CORP COM			2018-12-24
	221. RESMED INC COMMON STOCK		2017-07-18	2018-12-24
	588. SCHEIN HENRY INC COMMON STOCK			2018-12-24
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,868	7,014	854
b	6,421	6,578	-157
c	2,267	2,288	-21
d	295	232	63
e	3,785	4,142	-357
	1,997	1,458	539
	9,746	10,529	-783
	14,045	12,505	1,540
	5,167	5,242	-75
	28,819	21,642	7,177
	1,536	1,122	414
	5,238	5,429	-191
	3,741	3,878	-137
	250,000	251,010	-1,010
	8,107	7,684	423
	8,085	4,254	3,831
	15,051	8,866	6,185
	22,483	16,024	6,459
	6,968	6,597	371
	2,240	1,297	943
	11,205	8,614	2,591
	7,170	4,730	2,440
	6,734	4,320	2,414
	9,523	9,081	442
	9,943	7,747	2,196
	11,044	7,784	3,260
	32,162	12,382	19,780
	47	25	22
	11		11
	10,177	9,941	236
	12,500	11,845	655
	7,819	7,301	518
	4,529	2,830	1,699
	6,284	5,630	654
	2,204	2,297	-93
	9,216	5,785	3,431
	22,184	15,179	7,005
	30,846	53,598	-22,752
	31,928	29,734	2,194
	26,174	27,370	-1,196
	24,327	26,297	-1,970
	32,206	26,906	5,300
	35,333	28,163	7,170
	31,870	15,071	16,799
	15,622	16,232	-610
	19,350	18,178	1,172
	16,473	17,959	-1,486
	13,892	15,760	-1,868
	110	88	22
	16,009	16,054	-45
	18,541	13,521	5,020
	11,849	11,748	101
	8,274	8,294	-20
	13,644	8,044	5,600
	9,669	9,660	9
	8,203	8,806	-603
	10,126	6,136	3,990
	23,683	25,782	-2,099
	174,594	62,387	112,207
	3,236	3,473	-237
	5,171	4,098	1,073
	7,499	4,353	3,146
	1,704	1,884	-180
	1,873	1,828	45
	10,045	6,267	3,778
	30,820	32,415	-1,595
	4,677	4,756	-79
	21,065	22,091	-1,026
	21,970	18,441	3,529
	1,760	1,014	746
	300,000	300,234	-234
	39,681	56,134	-16,453
	43,348	52,535	-9,187
	29,584	26,902	2,682
	13,326	16,972	-3,646
	1,535	1,671	-136
	19,459	21,046	-1,587
	33,207	36,457	-3,250
	955	951	4
	3,189	3,479	-290
	6,614	4,020	2,594
	1,093	960	133
	2,597	2,634	-37
	5,028	5,092	-64
	42,225	12,820	29,405
	31,305	26,529	4,776
	35,891	29,119	6,772
	400,000	399,735	265
	2,847	3,131	-284
	36,747	39,025	-2,278
	1,845	1,918	-73
	1,203	1,251	-48
	2,153	2,212	-59
	25,852	14,690	11,162
	1,302	1,141	161
	7,513	7,652	-139
	1,219	1,225	-6
	3,899	3,930	-31
	3,177	2,096	1,081
	7,442	5,575	1,867
	5,450	6,536	-1,086
	11,942	12,459	-517
	6,506	7,367	-861
	599	684	-85
	9,491	5,748	3,743
	6,969	7,201	-232
	1,006	1,020	-14
	329	336	-7
	5,026	4,369	657
	250,000	249,631	369
	9,795	10,736	-941
	36,920	38,529	-1,609
	851	848	3
	933	881	52
	1,971	2,218	-247
	4,451	4,412	39
	257	266	-9
	1,113	968	145
	1,045	967	78
	3,724	2,814	910
	1,468	1,536	-68
	3,113	3,517	-404
	868	1,007	-139
	921	957	-36
	1,612	1,642	-30
	6,992	7,743	-751
	16,319	17,033	-714
	10,081	8,464	1,617
	6,924	3,932	2,992
	150	134	16
	3,859	4,202	-343
	12,075	13,044	-969
	16,691	17,775	-1,084
	733	771	-38
	6,944	7,186	-242
	5,246	4,416	830
	8,075	9,123	-1,048
	2,171	2,392	-221
	1,100	1,121	-21
	1,981	1,155	826
	1,009	1,093	-84
	1,492	1,526	-34
	2,428	2,498	-70
	8,912	7,551	1,361
	10,824	12,058	-1,234
	29,442	27,155	2,287
	228	230	-2
	14,193	9,208	4,985
	3,426	2,849	577
	5,678	5,361	317
	4,014	3,092	922
	686	611	75
	1,381	1,462	-81
	1,227	1,258	-31
	2,643	2,658	-15
	1,483	1,491	-8
	6,119	3,892	2,227
	4,508	3,357	1,151
	2,915	3,262	-347
	932	924	8
	3,534	3,677	-143
	31,211	14,613	16,598
	4,390	4,392	-2
	2,120	2,357	-237
	8,660	6,776	1,884
	20,654	21,517	-863
	1,916	1,612	304
	608,095	488,824	119,271
	44,104	26,586	17,518
	6,116	4,850	1,266
	6,989	4,582	2,407
	10,375	10,682	-307
	27,860	21,489	6,371
	61,595	38,278	23,317
	56,640	38,983	17,657
	17,944	10,670	7,274
	6,560	6,172	388
	1,277	1,248	29
	7,354	8,046	-692
	25,472	18,684	6,788
	1,304	1,105	199
	9,764	7,449	2,315
	74		74
	5,712	5,913	-201
	11,619	11,989	-370
	6,330	7,114	-784
	1,308	1,123	185
	5,358	3,865	1,493
	25,283	20,447	4,836
	600,000	600,000
	5,497	4,188	1,309
	6,873	6,120	753
	8,989	7,844	1,145
	18,064	19,847	-1,783
	2,067	2,365	-298
	6,693	6,883	-190
	1,231	1,280	-49
	30,170	31,379	-1,209
	897	961	-64
	3,601	3,546	55
	2,788	2,379	409
	3,785	4,032	-247
	3,101	2,257	844
	58,876	49,114	9,762
	707	786	-79
	7,952	5,957	1,995
	4,774	5,300	-526
	3,961	3,597	364
	1,659	1,842	-183
	695	736	-41
	2,148	2,049	99
	10,639	11,824	-1,185
	11,755	12,058	-303
	10,516	11,546	-1,030
	2,927	2,432	495
	23,155	23,675	-520
	1,159	1,271	-112
	24,587	14,432	10,155
	600,000	600,552	-552
	164,506	92,799	71,707
	9,297	7,563	1,734
	18,688	9,774	8,914
	29,683	12,381	17,302
	37,349	33,319	4,030
	65,937	14,105	51,832
	19,702	11,834	7,868
	29,445	12,567	16,878
	10,893	7,242	3,651
	18,988	13,699	5,289
	12,415	11,030	1,385
	12,800	13,230	-430
	19,103	14,717	4,386
	5,821	3,303	2,518
	46,007	18,946	27,061
	29,336	12,649	16,687
	39,919	21,836	18,083
	15,629	10,872	4,757
	22,705	19,258	3,447
	24,768	15,675	9,093
	34,276	18,266	16,010
	30,269	12,693	17,576
	41,844	13,877	27,967
	9,318	4,004	5,314
	8,630	9,091	-461
	38,900	21,829	17,071
	18,833	17,021	1,812
	5,578	3,752	1,826
	52,391	53,503	-1,112
	23,516	16,887	6,629
	28,163	25,551	2,612
	22,240	12,437	9,803
	5,556	5,431	125
	6,191	4,813	1,378
	49,682	47,849	1,833
	31,529	26,944	4,585
	22,504	22,779	-275
	53,371	46,794	6,577
	24,992	28,190	-3,198
	18,581	23,279	-4,698
	42,325	61,259	-18,934
	2,719	3,130	-411
	1,967	2,264	-297
	10,760	10,715	45
	6,335	7,206	-871
	761	764	-3
	1,748	1,947	-199
	9,006	9,318	-312
	7,261	7,830	-569
	401	485	-84
	2,879	3,019	-140
	8,371	8,469	-98
	541	547	-6
	31,318	36,643	-5,325
	24,179	14,429	9,750
	20,360	12,201	8,159
	14,945	9,797	5,148
	14,181	10,186	3,995
	15		15
	23		23
	156		156
	21		21
	189		189
	1,563	1,827	-264
	18,851	19,567	-716
	11,715	11,377	338
	1,552	1,811	-259
	11,311	13,076	-1,765
	5,665	6,742	-1,077
	2,611	2,765	-154
	459	361	98
	14,594	11,459	3,135
	7,059	6,888	171
	3,001	2,930	71
	5,337	7,236	-1,899
	64,345	20,703	43,642
	7,837	7,712	125
	15,182	14,943	239
	1,364	1,007	357
	1,014	1,013	1
	11,378	10,854	524
	6,795	6,942	-147
	7,867	9,925	-2,058
	653	800	-147
	884	873	11
	39,072	41,085	-2,013
	10,583	10,569	14
	6,289	6,848	-559
	1,919	2,116	-197
	5,537	3,930	1,607
	10,386	7,238	3,148
	8,797	4,573	4,224
	12,912	5,032	7,880
	17,247	15,583	1,664
	26,007	6,283	19,724
	15,992	10,381	5,611
	4,880	3,498	1,382
	12,442	6,775	5,667
	13,716	5,694	8,022
	13,940	9,170	4,770
	5,909	4,266	1,643
	5,984	5,467	517
	4,354	6,133	-1,779
	7,455	5,599	1,856
	17,253	4,736	12,517
	13,366	5,459	7,907
	15,540	9,908	5,632
	6,059	4,766	1,293
	9,006	7,995	1,011
	10,113	6,141	3,972
	10,052	5,294	4,758
	15,671	7,186	8,485
	7,042	2,396	4,646
	5,646	1,890	3,756
	6,908	4,239	2,669
	5,130	5,617	-487
	10,457	5,476	4,981
	12,663	12,193	470
	4,045	2,289	1,756
	23,242	25,101	-1,859
	5,492	5,876	-384
	2,344	2,913	-569
	1,347	1,704	-357
	14,232	17,292	-3,060
	11,416	15,790	-4,374
	3,000	3,056	-56
	4,858	4,665	193
	11,379	12,444	-1,065
	2	2
	51,295	110,637	-59,342
	8,721	5,291	3,430
	13,326	9,562	3,764
	11,775	11,063	712
	3,785	4,429	-644
	18,331	10,847	7,484
	15,829	14,095	1,734
	24,494	13,756	10,738
	8,333	5,437	2,896
	8,041	8,592	-551
	7,582	4,661	2,921
	13,645	11,140	2,505
	15,175	8,098	7,077
	5,330	5,664	-334
	24,008	32,218	-8,210
	6,163	5,082	1,081
	4,342	4,314	28
	819	637	182
	15,767	16,256	-489
	52,719	54,870	-2,151
	13,818	7,051	6,767
	14,798	9,431	5,367
	10,663	7,143	3,520
	23	25	-2
	14,534	15,934	-1,400
	4,671	6,972	-2,301
	9,305	9,248	57
	1,895	1,677	218
	42,198	55,740	-13,542
	59,574	54,295	5,279
	4,693	3,565	1,128
	6,406	4,660	1,746
	6,100	4,583	1,517
	2,142	1,653	489
	14,774	15,296	-522
	381	502	-121
	9,762	11,278	-1,516
	2,726	2,632	94
	2,651	2,786	-135
	865	892	-27
	18,907	19,229	-322
	1,054	1,103	-49
	2,412	2,047	365
	5,326	5,101	225
	83,819	121,065	-37,246
	8,615	6,844	1,771
	54,550	19,796	34,754
	5,348	5,824	-476
	2,096	2,229	-133
	35,141	37,596	-2,455
	6,146	6,105	41
	7,104	6,171	933
	23,852	6,446	17,406
	58,889	56,596	2,293
	1,190	909	281
	12,924	16,687	-3,763
	12,882	10,535	2,347
	3,204	3,106	98
	43,421	32,743	10,678
	5,980	6,398	-418
	3,468	4,311	-843
	16,682	12,051	4,631
	16,176	19,306	-3,130
	8,333	7,208	1,125
	4,747	3,159	1,588
	1,505	1,536	-31
	1,700	1,612	88
	1	1
	5,744	7,509	-1,765
	6,582	5,728	854
	22,863	30,882	-8,019
	460	279	181
	18,111	19,463	-1,352
	28,111	29,778	-1,667
	4,748	6,142	-1,394
	60		60
	49,421	53,916	-4,495
	19,464	13,780	5,684
	34,132	27,816	6,316
	4	3	1
	58,223	22,043	36,180
	54		54
	4,825	6,134	-1,309
	6,257	8,093	-1,836
	4,913	6,087	-1,174
	12,524	13,591	-1,067
	6,641	6,696	-55
	2,100	1,772	328
	11,231	12,256	-1,025
	6,427	7,630	-1,203
	68,390	78,010	-9,620
	65,116	70,498	-5,382
	744,579	544,667	199,912
	2,532	2,460	72
	10,179	11,372	-1,193
	3,957	4,361	-404
	13,708	13,957	-249
	5,876	7,092	-1,216
	3,077	3,593	-516
	4,974	6,695	-1,721
	29,788	29,374	414
	7,784	6,314	1,470
	3,137	3,402	-265
	2,018	2,189	-171
	56,054	50,225	5,829
	32,060	59,137	-27,077
	3,243	3,308	-65
	5,503	6,249	-746
	19,988	20,461	-473
	16,701	19,396	-2,695
	3,033	3,882	-849
	3,717	5,495	-1,778
	1,783	2,463	-680
	2,802	4,105	-1,303
	773	970	-197
	9,328	7,879	1,449
	2,324	2,343	-19
	33,013	33,748	-735
	9,732	12,538	-2,806
	24,490	29,575	-5,085
	23,042	17,123	5,919
	43,762	49,711	-5,949
			59,613

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			854
b			-157
c			-21
d			63
e			-357
			539
			-783
			1,540
			-75
			7,177
			414
			-191
			-137
			-1,010
			423
			3,831
			6,185
			6,459
			371
			943
			2,591
			2,440
			2,414
			442
			2,196
			3,260
			19,780
			22
			11
			236
			655
			518
			1,699
			654
			-93
			3,431
			7,005
			-22,752
			2,194
			-1,196
			-1,970
			5,300
			7,170
			16,799
			-610
			1,172
			-1,486
			-1,868
			22
			-45
			5,020
			101
			-20
			5,600
			9
			-603
			3,990
			-2,099
			112,207
			-237
			1,073
			3,146
			-180
			45
			3,778
			-1,595
			-79
			-1,026
			3,529
			746
			-234
			-16,453
			-9,187
			2,682
			-3,646
			-136
			-1,587
			-3,250
			4
			-290
			2,594
			133
			-37
			-64
			29,405
			4,776
			6,772
			265
			-284
			-2,278
			-73
			-48
			-59
			11,162
			161
			-139
			-6
			-31
			1,081
			1,867
			-1,086
			-517
			-861
			-85
			3,743
			-232
			-14
			-7
			657
			369
			-941
			-1,609
			3
			52
			-247
			39
			-9
			145
			78
			910
			-68
			-404
			-139
			-36
			-30
			-751
			-714
			1,617
			2,992
			16
			-343
			-969
			-1,084
			-38
			-242
			830
			-1,048
			-221
			-21
			826
			-84
			-34
			-70
			1,361
			-1,234
			2,287
			-2
			4,985
			577
			317
			922
			75
			-81
			-31
			-15
			-8
			2,227
			1,151
			-347
			8
			-143
			16,598
			-2
			-237
			1,884
			-863
			304
			119,271
			17,518
			1,266
			2,407
			-307
			6,371
			23,317
			17,657
			7,274
			388
			29
			-692
			6,788
			199
			2,315
			74
			-201
			-370
			-784
			185
			1,493
			4,836

			1,309
			753
			1,145
			-1,783
			-298
			-190
			-49
			-1,209
			-64
			55
			409
			-247
			844
			9,762
			-79
			1,995
			-526
			364
			-183
			-41
			99
			-1,185
			-303
			-1,030
			495
			-520
			-112
			10,155
			-552
			71,707
			1,734
			8,914
			17,302
			4,030
			51,832
			7,868
			16,878
			3,651
			5,289
			1,385
			-430
			4,386
			2,518
			27,061
			16,687
			18,083
			4,757
			3,447
			9,093
			16,010
			17,576
			27,967
			5,314
			-461
			17,071
			1,812
			1,826
			-1,112
			6,629
			2,612
			9,803
			125
			1,378
			1,833
			4,585
			-275
			6,577
			-3,198
			-4,698
			-18,934
			-411
			-297
			45
			-871
			-3
			-199
			-312
			-569
			-84
			-140
			-98
			-6
			-5,325
			9,750
			8,159
			5,148
			3,995
			15
			23
			156
			21
			189
			-264
			-716
			338
			-259
			-1,765
			-1,077
			-154
			98
			3,135
			171
			71
			-1,899
			43,642
			125
			239
			357
			1
			524
			-147
			-2,058
			-147
			11
			-2,013
			14
			-559
			-197
			1,607
			3,148
			4,224
			7,880
			1,664
			19,724
			5,611
			1,382
			5,667
			8,022
			4,770
			1,643
			517
			-1,779
			1,856
			12,517
			7,907
			5,632
			1,293
			1,011
			3,972
			4,758
			8,485
			4,646
			3,756
			2,669
			-487
			4,981
			470
			1,756
			-1,859
			-384
			-569
			-357
			-3,060
			-4,374
			-56
			193
			-1,065

			-59,342
			3,430
			3,764
			712
			-644
			7,484
			1,734
			10,738
			2,896
			-551
			2,921
			2,505
			7,077
			-334
			-8,210
			1,081
			28
			182
			-489
			-2,151
			6,767
			5,367
			3,520
			-2
			-1,400
			-2,301
			57
			218
			-13,542
			5,279
			1,128
			1,746
			1,517
			489
			-522
			-121
			-1,516
			94
			-135
			-27
			-322
			-49
			365
			225
			-37,246
			1,771
			34,754
			-476
			-133
			-2,455
			41
			933
			17,406
			2,293
			281
			-3,763
			2,347
			98
			10,678
			-418
			-843
			4,631
			-3,130
			1,125
			1,588
			-31
			88

			-1,765
			854
			-8,019
			181
			-1,352
			-1,667
			-1,394
			60
			-4,495
			5,684
			6,316
			1
			36,180
			54
			-1,309
			-1,836
			-1,174
			-1,067
			-55
			328
			-1,025
			-1,203
			-9,620
			-5,382
			199,912
			72
			-1,193
			-404
			-249
			-1,216
			-516
			-1,721
			414
			1,470
			-265
			-171
			5,829
			-27,077
			-65
			-746
			-473
			-2,695
			-849
			-1,778
			-680
			-1,303
			-197
			1,449
			-19
			-735
			-2,806
			-5,085
			5,919
			-5,949

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,283,615
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	1,500,784	31,244,269	0.048034
2016	1,502,632	28,016,601	0.053634
2015	1,570,413	30,518,496	0.051458
2014	1,553,018	31,692,130	0.049003
2013	1,426,115	31,389,034	0.045434

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

0.247563

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.049513

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

31,326,436

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

1,551,066

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

17,319

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

1,568,385

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

1,607,188

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	17,319
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	17,319
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	17,319
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	48,192
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	48,192
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	30,873
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax17,320	Refunded	11	13,553

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

The books are in care of bullet

US BANK Telephone no. bullet

(503) 464-3580

Located at bullet

555 SW OAKPORTLANDOR ZIP+4 bullet

97204

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
US BANK	TRUSTEE 1	256,875
PO BOX 3168 PORTLAND,OR97208	TRUSTEE 1	256,875

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

30,724,353

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

1,079,135

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

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

31,803,488

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

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

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

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

31,803,488

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

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

477,052

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

31,326,436

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

1,566,322

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

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

1,566,322

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

17,319

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

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

17,319

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

1,549,003

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

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

1,549,003

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

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

1,549,003

Part XII

Qualifying Distributions (see instructions)

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

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

1,607,188

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

1,607,188

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

17,319

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

1,589,869

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					1,549,003
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......	0
b From 2014......	0
c From 2015......	7,904
d From 2016......	139,148
e From 2017......	0
fTotal of lines 3a through e........		147,052
4Qualifying distributions for 2018 from Part
XII, line 4: $ 1,607,188
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.....					1,549,003
e Remaining amount distributed out of corpus		58,185
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		205,237
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) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		205,237
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	7,904
c Excess from 2016....	139,148
d Excess from 2017....	0
e Excess from 2018....	58,185

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SHRINERS HOSPITALS FOR CHILDREN 2900 N ROCKY POINT DRIVE TAMPA,FL336071435	NONE	PC	GENERAL OPERATING	316,000
CHILDRENS HOSPITAL FOUNDATION 13123 E 16TH AVENUE B045 AURORA,CO80045	NONE	PC	GENERAL OPERATING	316,000
DOUGLAS COUNTY FAIR FOUNDATION 500 FAIRGROUNDS DRIVE CASTLE ROCK,CO801042680	NONE	PC	GENERAL OPERATING	31,600
DOUGLAS COUNTY LIBRARY 100 S WILCOX STREET CASTLE ROCK,CO801041911	NONE	PC	GENERAL OPERATING	158,000
DOUGLAS COUNTY 4-H COUNCIL 410 FAIRGROUNDS ROAD CASTLE ROCK,CO801042680	NONE	PC	GENERAL OPERATING	31,600
TOWN OF CASTLE ROCK FIRE DEPARTMENT 100 WILCOX ST CASTLE ROCK,CO80104	NONE	PC	GENERAL OPERATING	347,600
DOUGLAS COUNTY ATTN TREASURER PO BOX 999 CASTLE ROCK,CO80104	NONE	PC	GENERAL OPERATING	316,000
DOUGLAS COUNTY SCHOOL DISTRICT RE-1 701 PRAIRIE HAWK DR CASTLE ROCK,CO80109	NONE	PC	GENERAL OPERATING	63,200
Total ................................. 3a				1,580,000

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	649,271
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	1,283,615
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aPARTNERSHIP INCOME			1	65,397
bUBIT			1	-1,076
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				1,997,207

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

1,997,207

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
68389XAQ8 ORACLE CORP	252,923	249,940
40428HPH9 HSBC USA INC
20826FAD8 CONOCOPHILLIPS CO	494,085	496,255
91324PCP5 UNITEDHEALTH GROUP	502,480	506,135
14912L5X5 CATERPILLAR MTN	522,355	508,595
665859AL8 NORTHERN TRUST CORP	259,275	252,555
24422ERY7 JOHN DEERE CAPITAL	246,525	246,738
89236TBP9 TOYOTA MOTOR MTN	503,012	497,310
94974BGP9 WELLS FARGO CO MTN	404,460	387,552
291011BG8 EMERSON ELECTRIC CO	406,441	390,840
931142CU5 WAL MART STORES	265,493	252,518
882508AU8 TEXAS INSTRUMENTS	251,118	247,983
69353REM6 PNC BANK NA MTN
0258M0DX4 AMERICAN EXPRESS	402,700	395,908
44932HAC7 IBM CREDIT CORP	393,248	381,112
149159LJ2 CATHAY BANK C D	400,000	399,316
46625HJL5 JPMORGAN CHASE CO
07370W3D6 BEAL BANK USA C D
585055BA3 MEDTRONIC INC
084664CE9 BERKSHIRE HATHAWAY
63307A2E4 NATIONAL BANK OF	591,126	591,294
857477AS2 STATE STREET CORP	396,760	396,640
05565QBZ0 BP CAPITAL PLC	400,056	396,532
06051GFT1 BANK OF AMERICA MTN	901,368	890,568
375558AU7 GILEAD SCIENCES INC	414,160	412,800
06406HBY4 BANK NY MELLON MTN	610,452	606,930
46625HHU7 JPMORGAN CHASE CO	409,812	407,208

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
97MSCD1P4 WHITE OAK FIXED INCO	AT COST	980,635	1,019,511
00203H859 AQR MANAGED FUTURES	AT COST	290,316	224,408
99MSCG6X1 STEPSTONE PRIV EQTY	AT COST	160,833	282,680
AVERY DENNISON CORP - AVY
BARNES GROUP INC
BURLINGTON STORES INC - BURL
CAMBREX CORP - CBM
CARTERS INC - CRI
CHARLES RIVER LABORATORIES - C
CHURCH AND DWIGHT CO INC - CHD
CINTAS CORP - CTAS
COGNEX CORP - CGNX
COOPER COS INC - COO
COPART INC - CPRT
FACTSET RESEARCH SYSTEMS INC -
FIRST REPUBLIC BANK SAN FRAN -
HASBRO INC - HAS
HUNT J B TRANS SVCS INC - JBHT
INTL FLAVORS FRAGRANCES - IFF
IPG PHOTONICS CORP - IPGP
JACK HENRY ASSOCIATES INC - JK
LCI INDUSTRIES - LCII
LENNOX INTERNATIONAL INC - LII
MASCO CORP - MAS
MCCORMICK CO NON VTG SHRS - MK
METTLER TOLEDO INTL INC - MTD
MONOLITHIC POWER SYSTEMS INC -
POOL CORPORATION - POOL
PVH CORP - PVH
RESMED INC - RMD
SCHEIN HENRY INC - HSIC
SNAP ON INC - SNA
SS&C TECHNOLOGIES HOLDINGS - S
SYNOPSYS INC - SNPS
TEXAS ROADHOUSE INC - TXRH
WABCO HLDGS INC - WBC
ALLEGION PLC - ALLE
FABRINET - FN
GENPACT LIMITED - G
STERIS PLC - STE
CAMDEN PPTY TR - CPT
RAYMOND JAMES FINL INC - RJF

Category	Amount	Net Investment Income
FOREIGN TAXES	16,920	16,920
FEDERAL ESTIMATES - PRINCIPAL	33,000	0
FOREIGN TAXES ON NONQUALIFIED	968	968

Name of Stock	End of Year Book Value	End of Year Fair Market Value
054937107 B B T CORP	61,700	59,738
617700109 MORNINGSTAR INC	68,334	93,694
23636T100 DANONE SPONS A D R	49,973	49,531
665859104 NORTHERN TR CORP
025537101 AMERICAN ELECTRIC PO	41,007	46,713
654624105 NIPPON TELEGRAPH TEL	88,740	81,971
70432V102 PAYCOM SOFTWARE INC	131,383	172,532
931142103 WAL MART STORES INC	58,302	74,893
75955B102 RELX NV SPON A D R
053015103 AUTOMATIC DATA PROCE	35,476	53,628
58733R102 MERCADOLIBRE INC
494368103 KIMBERLY CLARK CORP	35,064	35,094
16941M109 CHINA MOBILE LIMITED	81,873	67,680
34407D109 FLY LEASING LTD A D	36,286	35,408
H1467J104 CHUBB LTD	87,870	90,426
577081102 MATTEL INC
17275R102 CISCO SYSTEMS INC	122,695	156,335
806857108 SCHLUMBERGER LTD	140,914	59,279
06828M876 BARON EMERGING MARKE	1,499,650	1,558,750
06366RMS1 BANK MONTREAL MTN
253868103 DIGITAL REALTY TRUST	32,771	35,268
686330101 ORIX CORP SPONS A D	67,568	64,180
297178105 ESSEX PPTY TR INC
05946K101 BANCO BILBAO VIZCAYA	105,821	47,361
91913Y100 VALERO ENERGY CORP	37,091	43,857
74460D109 PUBLIC STORAGE INC	42,014	41,292
606783207 MITSUBISHI ESTATE LT	109,605	65,406
12572Q105 CME GROUP INC	33,435	63,208
713448108 PEPSICO INC	85,372	89,378
48268K101 KT CORP SP A D R	125,953	126,615
681116109 OLLIES BARGAIN OUTLE	23,578	65,446
58933Y105 MERCK AND CO INC	120,389	153,661
05278C107 AUTOHOME INC	60,356	207,622
000375204 ABB LTD A D R	5,754	5,589
358029106 FRESENIUS MED AKTIEN	40,758	29,248
125896100 C M S ENERGY CORP	30,946	37,238
835495102 SONOCO PRODS CO	31,614	33,100
000360206 AAON INC	85,085	98,869
57060D108 MARKETAXESS HLDGS IN	44,713	66,351
456463108 INDUSTRIAS BACHOCO S	61,914	47,828
03662Q105 A N S Y S INC	37,402	60,464
36863N208 GEMALTO NV SPONSORED
294821608 ERICSSON LM TEL SP A
217204106 COPART INC COM	115,754	178,793
718172109 PHILIP MORRIS INTL	101,433	71,767
438516106 HONEYWELL INTERNATIO	81,953	103,186
29082A107 EMBRAER SA A D R	70,803	49,129
422806208 H E I C O CORPORATIO	30,933	74,781
138006309 CANON INC SPONS A D	61,551	60,306
437076102 HOME DEPOT INC	74,535	100,687
92857W308 VODAFONE GROUP PLC A	158,218	83,694
88023U101 TEMPUR-PEDIC INTL IN
60687Y109 MIZUHO FNL GRP A D R	64,268	62,202
00287Y109 ABBVIE INC
91324P102 UNITED HEALTH GROUP	16,754	29,894
G47791101 INGERSOLL RAND PLC	40,439	45,797
09247X101 BLACKROCK INC	39,612	45,567
780641205 KONINKLIJKE ROYAL KP	74,583	57,333
779556109 ROWE T PRICE MID-CAP
922908645 VANGUARD MID-CAP IND
79471L602 SALIENT MLP ENERGY I	163,392	181,833
369550108 GENERAL DYNAMICS COR	71,955	75,304
92932M101 WNS HOLDINGS LTD ADR	51,832	70,266
G5960L103 MEDTRONIC PLC	40,418	44,025
701094104 PARKER HANNIFIN CORP	31,995	36,688
317485100 FINANCIAL ENGINES IN
303075105 FACTSET RESEARCH SYS	53,341	68,044
949746101 WELLS FARGO CO	72,422	69,489
96925P104 WILLIAM HILL PLC UNS	100,262	34,333
166764100 CHEVRON CORPORATION	105,821	106,723
65339F101 NEXTERA ENERGY INC	30,593	43,281
464288778 ISHARES DOW JONES US	53,611	54,461
861012102 STMICROELECTRONICS N
571748102 MARSH MCLENNAN COS I	65,395	82,781
629445206 NVE CORP	66,112	99,796
83175M205 SMITH NEPHEW P L C	108,492	116,850
500472303 KONINKLIJKE PHILIPS	80,892	65,550
037833100 APPLE INC	109,934	156,320
88579Y101 3M CO	53,831	62,116
072730302 BAYER AG A D R
86562M209 SUMITOMO MITSUI FINL	111,438	95,404
741511109 PRICE SMART INC	49,596	33,332
854502101 STANLEY BLACK DECKER
20030N101 COMCAST CORP CL A	97,303	107,870
75524B104 RBC BEARINGS INC	116,117	146,832
045327103 ASPEN TECHNOLOGY INC	70,791	106,094
717081103 PFIZER INC	104,267	143,347
641069406 NESTLE SA SPONSORED	163,802	174,064
02209S103 ALTRIA GROUP INC	73,969	56,403
30231G102 EXXON MOBIL CORP	123,153	99,489
478160104 JOHNSON JOHNSON	204,903	223,127
064159GW0 BANK OF NOVA SCOTIA	498,775	493,890
539830109 LOCKHEED MARTIN CORP	99,732	100,808
66987V109 NOVARTIS AG A D R	127,109	130,431
46625H100 J P MORGAN CHASE CO	137,323	192,116
35138V102 FOX FACTORY HOLDING	65,890	225,001
594918104 MICROSOFT CORP	106,368	191,155
05367G100 AVIANCA HOLDINGS A D	4,400	2,939
904784709 UNILEVER N V A D R
110122108 BRISTOL MYERS SQUIBB	42,038	39,661
30040W108 EVERSOURCE ENERGY	35,376	41,365
867224107 SUNCOR ENERGY INC	40,873	33,676
92939U106 WEC ENERGY GROUP INC	42,110	48,551
25746U109 DOMINION RESOURCES I	18,506	17,936
74144T108 T ROWE PRICE GROUP I	20,752	30,004
693483109 POSCO A D R
882508104 TEXAS INSTRUMENTS IN	66,333	88,736
887317303 TIME WARNER INC
771195104 ROCHE HOLDINGS LTD S	116,333	117,109
370334104 GENERAL MILLS INC
28849P100 ELLIE MAE INC	100,697	84,192
580135101 MCDONALDS CORP	36,693	58,065
00687A107 ADIDAS AG A D R	30,264	59,056
94106L109 WASTE MGMT INC	41,713	57,844
500467501 KONINKLIJKE AHOLD DE	74,650	82,729
62942M201 NTT DOCOMO INC A D R	108,101	97,166
458140100 INTEL CORP	101,277	119,390
693475105 P N C FINANCIAL SERV	51,218	62,781
163086101 CHEFS WAREHOUSE HOLD	62,321	134,060
002567105 ABAXIS INC
679580100 OLD DOMINION FGHT LI	118,672	169,181
670100205 NOVO NORDISK AS A D	121,875	129,180
264411505 DUKE REALTY CORPORAT
22822V101 CROWN CASTLE INTL CO	23,600	28,352
585464100 MELCO CROWN ENTERTAI
872540109 TJX COMPANIES INC	19,360	23,891
N53745100 LYONDELLBASELL INDUS	34,012	31,850
257651109 DONALDSON CO INC	42,867	54,064
742718109 PROCTER GAMBLE CO	52,476	56,163
007924103 AEGON N V NY REG SHR	172,393	101,523
126650100 CVS HEALTH CORPORATI
018920637 ALLIANZGI EMERGING M	900,000	794,647
907818108 UNION PACIFIC CORP	98,175	119,984
G1151C101 ACCENTURE PLC CL A	31,478	32,432
26078J100 DOWDUPONT INC	47,021	45,137
29472R108 EQUITY LIFESTYLE PPT
779919109 T ROWE PRICE REAL ES	1,300,000	1,140,680
14365C103 CARNIVAL PLC A D R	7,711	6,286
316827104 51JOB INC A D R
50186V102 LG DISPLAY CO LTD A
876568502 TATA MOTORS LTD A D
254687106 DISNEY WALT CO	37,857	40,132
03027X100 AMERICAN TOWER CORP
097023105 BOEING CO	32,740	51,923
532457108 ELI LILLY CO	41,552	60,290
835699307 SONY CORP A D R	41,811	53,784
487836108 KELLOGG CO	73,448	63,167
Y09827109 PAVONIA LTD
03938L203 ARCELORMITTAL CLASS
126132109 CNOOC LTD A D R	95,457	96,044
23703Q203 DAQO NEW ENERGY CORP
23304Y100 DBS GROUP HLDGS LTD	30,744	33,189
98426T106 YY INC A D R
001317205 AIA GROUP LTD ADR
482480100 KLA TENCOR CORPORATI	31,706	27,294
060505104 BANK OF AMERICA CORP	70,989	67,588
25243Q205 DIAGEO PLC SPONSORED
006754204 ADECCO SA A D R	6,684	4,160
913017109 UNITED TECHNOLOGIES
G25839104 COCA COLA EUROREAN P
00206R102 ATT INC	56,767	44,522
78440P108 SK TELECOM CO LTD A
71646E100 PETRO CHINA COMPANY	36,061	30,467
85771P102 STATOIL ASA A D R
31188H101 FAST RETAILING CO UN	8,726	11,162
04623U102 ASTELLAS PHARMA INC	34,831	34,385
90337L108 U S PHYSICAL THERAPY	22,827	36,744
29103B100 EMERALD EXPOSITIONS
45841N107 INTERACTIVE BROKERS	94,894	138,101
231021106 CUMMINS INC	36,012	30,069
460146103 INTERNATIONAL PAPER
456837103 I N G GROEP NV SPONS
780259206 ROYAL DUTCH SHELL PL
80105N105 SANOFI A D R	5,648	5,426
29786A106 ETSY INC	60,631	57,750
874054109 TAKE-TWO INTERACTIVE	61,736	47,455
989207105 ZEBRA TECHNOLOGIES C	51,223	56,049
088606108 B H P BILLITON LIMIT	69,253	67,992
775711104 ROLLINS INC	63,000	53,717
882681109 TEXAS ROADHOUSE INC	42,018	52,058
592688105 METTLER-TOLEDO INTL	42,682	50,337
31502A204 FERGUSON PLC ADR	29,612	28,824
45262P102 IMPERIAL BRANDS PLC	8,823	7,813
45857P707 INTERCONTINENTAL HOT	43,402	40,178
06738E204 BARCLAYS PLC A D R	12,512	10,790
122017106 BURLINGTON STORES IN	57,606	76,130
60786M105 MOELIS CO	118,880	83,922
064058100 BANK OF NEW YORK MEL	60,895	52,248
871607107 SYNOPSYS INC	48,287	60,737
33829M101 FIVE BELOW	58,906	56,788
G0176J109 ALLEGION PLC	53,816	51,333
693656100 PVH CORP	54,538	45,081
606822104 MITSUBISHI UFJ FINL	32,060	27,740
071813109 BAXTER INTERNATIONAL	28,003	27,842
512807108 LAM RESEARCH CORP	28,591	27,098
226718104 CRITEO SA SPON A D R	50,332	42,055
20825C104 CONOCOPHILLIPS	75,304	67,774
053611109 AVERY DENNISON CORP	42,728	45,005
83088M102 SKYWORKS SOLUTIONS I	57,459	43,831
609839105 MONOLITHIC POWER SYS	39,928	49,871
29274F104 ENERSIS SA SPONSORED	6,718	6,842
459200101 INTERNATIONAL BUSINE	64,462	48,992
881624209 TEVA PHARMACEUTICAL	27,997	20,092
023608102 AMEREN CORP	38,661	43,574
256163106 DOCUSIGN INC	84,439	83,647
16941R108 CHINA PETROLEUM CHEM	15,697	12,355
20441A102 CIA SANEAMENTO BASIC	10,131	11,040
579780206 MCCORMICK CO NON VTG	41,933	59,595
74758T303 QUALYS INC	33,317	28,102
537008104 LITTELFUSE INC	59,150	43,384
73278L105 POOL CORPORATION	53,995	68,676
49338L103 KEYSIGHT TECHNOLOGIE	50,892	55,934
29446M102 EQUINOR ASA SPON ADR	63,720	58,620
695156109 PACKAGING CORP AMERI	17,388	12,936
98389B100 X CEL ENERGY INC	33,517	34,932
368736104 GENERAC HOLDINGS INC	55,885	50,992
74251V102 PRINCIPAL FINANCIAL	36,069	28,092
98419M100 XYLEM INC	59,355	54,177
05277E104 AUTO TRADER GROUP UN	148,961	169,915
754730109 RAYMOND JAMES FINL I	50,457	49,111
216648402 COOPER COS INC	43,858	54,972
G3922B107 GENPACT LIMITED	50,663	52,684
G84720104 STERIS PLC	55,521	65,285
911271302 UNITED OVERSEAS BK L	11,968	10,114
00203H446 AQR LONG SHORT EQUIT	600,000	473,002
448579102 HYATT HOTELS CORP -	57,771	48,942
513272104 LAMB WESTON HOLDING	60,401	73,781
426281101 JACK HENRY ASSOCIATE	35,579	48,837
159864107 CHARLES RIV LABORATO	53,712	55,911
78467J100 SS&C TECHNOLOGIES HO	55,974	61,575
438128308 HONDA MOTOR CO LTD A	20,490	16,399
759530108 RELX PLC SPON A D R	12,447	15,000
76657Y101 RIGHTMOVE PLC UNSP A	147,097	134,386
705015105 PEARSON P L C A D R	60,191	62,625
11135F101 BROADCOM INC	33,918	47,042
427866108 THE HERSHEY COMPANY	25,053	25,723
37045V100 GENERAL MOTORS CO	31,317	26,961
172908105 CINTAS CORP	44,145	61,316
526107107 LENNOX INTERNATIONAL	49,368	65,001
33616C100 FIRST REPUBLIC BANK	55,394	47,013
G50871105 JAZZ PHARMACEUTICALS	59,344	40,287
204429104 CIA CERVECERIAS UNID	5,608	5,579
171340102 CHURCH AND DWIGHT CO	49,413	67,075
761152107 RESMED INC	31,797	54,999
653656108 NICE SYS LTD SPONSOR	155,503	176,815
375558103 GILEAD SCIENCES INC	28,094	23,206

Description	Amount
ROC ADJUSTMENT	797
MUTUAL FUND TIMING DIFFERENCE	1,358
COST BASIS ADJUSTMENT	3,194