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
BECHTEL GROUP FOUNDATION
 
% PEGGY H RESTIVO
Number and street (or P.O. box number if mail is not delivered to street address)C/O TAX DEPT PO BOX 7700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GLENDALE, AZ853127700
A Employer identification number

94-6078120
B Telephone number (see instructions)

(602) 368-0234
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$23,863,044J 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) 3,002,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 581,632 581,632  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 60,796
b Gross sales price for all assets on line 6a 60,796
7 Capital gain net income (from Part IV, line 2)... 60,796
8 Net short-term capital gain......... 23,989
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........ 3,644,428 642,428 23,989
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,545     160
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 147,540 89,100   89,100
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 155,085 89,100   89,260
25 Contributions, gifts, grants paid....... 2,311,630 2,311,630
26 Total expenses and disbursements. Add lines 24 and 25 2,466,715 89,100   2,400,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,177,713
b Net investment income (if negative, enter -0-) 553,328
c Adjusted net income (if negative, enter -0-)... 23,989
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............. 1,241,160 1,704,607 1,704,607
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,106,440 Click to see attachment12,243,619 12,243,619
c Investments—corporate bonds (attach schedule)....... 9,824,826 Click to see attachment9,914,818 9,914,818
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 24,172,426 23,863,044 23,863,044
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 570,450 491,100
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)......... 570,450 491,100
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.................. 23,601,976 23,371,944
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 23,601,976 23,371,944
31 Total liabilities and net assets/fund balances (see instructions). 24,172,426 23,863,044
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
23,601,976
2
Enter amount from Part I, line 27a .....................
2
1,177,713
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
24,779,689
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,407,745
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
23,371,944
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 EQUITY INDEX ST P    
b EQUITY INDEX LT P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 23,989     23,989
b 36,807     36,807
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       23,989
b       36,807
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 60,796
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 23,989
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 3,369,558 22,687,414 0.148521
2016 2,996,765 22,651,331 0.1323
2015 3,209,153 25,674,921 0.124992
2014 3,477,871 26,234,076 0.132571
2013 3,182,109 24,596,477 0.129373
2
Total of line 1, column (d) .....................
2
0.667757
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
0.133551
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
23,437,977
5
Multiply line 4 by line 3......................
5
3,130,165
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,533
7
Add lines 5 and 6........................
7
3,135,698
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,400,890
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 11,067
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 11,067
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,067
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 35,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 23,933
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet15,000 RefundedBullet 11 8,933
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? Click to see attachment....................
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 changesClick to see attachment....
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.Click to see attachment
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)
    bullet
    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 addressbulletWWW.BECHTEL.COM
    14
    The books are in care ofbulletPEGGY H RESTIVO Telephone no.bullet (602) 368-0234

    Located atbullet5323 N 99TH AVEGLENDALEAZ ZIP+4bullet85305
    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
    BAILEY MICHAEL C DIRECTOR & PRESIDENT
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    MEIKLE KRISTIN L SECRETARY
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    WHEELESS CHARLENE A DIRECTOR & PRINCIPAL VP
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    DESHONG JOHN K PRINCIPAL VP
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    LEADER KEVIN C PRINCIPAL VP
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    SPARKS M ANETTE PRINCIPAL VP & CONTROLLER
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    HAMILTON GREGORY A ASSISTANT TREASURER
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    LANG LEEANNE M ASSISTANT SECRETARY
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    PERROU ELDYNE S ASSISTANT SECRETARY
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    RESTIVO PEGGY H ASSISTANT CONTROLLER
    0     		0 0 0
    5323 N 99TH AVE
    GLENDALE,AZ85305
    DEMIDIO CHASE KRISTI ASSISTENT SECRETARY
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    MORALES NATHAN D ASSISTANT TREASURER
    0     		0 0 0
    12011 SUNSET HILLS ROAD
    RESTON,VA20190
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    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)
    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
    23,696,284
    b
    Average of monthly cash balances.......................
    1b
    98,617
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,794,901
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    23,794,901
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    356,924
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,437,977
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,171,899
    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
    1,171,899
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,067
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,067
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,160,832
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,160,832
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,160,832
    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
    2,400,890
    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
    2,400,890
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,400,890
    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 1,160,832
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 1,987,611
    b From 2014...... 2,190,427
    c From 2015...... 2,007,682
    d From 2016...... 1,867,944
    e From 2017...... 2,241,792
    fTotal of lines 3a through e........ 10,295,456
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,400,890
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 1,160,832
    e Remaining amount distributed out of corpus 1,240,058
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 11,535,514
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		1,987,611
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		9,547,903
    10 Analysis of line 9:
    a Excess from 2014.... 2,190,427
    b Excess from 2015.... 2,007,682
    c Excess from 2016.... 1,867,944
    d Excess from 2017.... 2,241,792
    e Excess from 2018.... 1,240,058
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BECHTEL GROUP FOUNDATION
    C/O TAX DEPT 12011 SUNSET HILLS RD
    RESTON,VA20190
    (602) 368-0234
    phrestiv@bechtel.com
    bThe form in which applications should be submitted and information and materials they should include:
    BECHTEL GROUP FOUNDATION WRITTEN SUBMISSIONS SHOULD INCLUDE PROOF OF IRS EXEMPTION AND OTHER DOCUMENTS.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RELIGIOUS, ENTERTAINMENT, OR LIMITED INTEREST GROUPS. FOCUS IS ON GIVING TO COMMUNITIES WORLDWIDE WITH BECHTEL OFFICES OR PROJECTS, AND ON MATHEMATICS, SCIENCES AND ENGINEERING.
    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
    Scholarship America Inc
    One Scholarship Way
    St Peter,MN56082     		NONE PC Education 51,000
    FIRST
    200 Bedford Street
    Manchester,NH03101     		NONE PC Education 223,500
    FIRST
    200 Bedford Street
    Manchester,NH03101     		NONE PC Education 514,000
    Junior Achievement Worldwide
    745 Atlantic Avenue
    Boston,MA02111     		NONE PC Education 332,500
    Engineers Without Borders - International
    1031 33rd Street Suite 210
    Denver,CO80205     		NONE PC Social Service 55,000
    Engineers Without Borders - USA
    1031 33rd Street Suite 210
    Denver,CO80205     		NONE PC Social Service 500,000
    Charities Aid Foundation America
    225 Reinekers Lane Suite 375
    Alexandria,VA22314     		NONE PC Social Service 63,000
    Bridges to Prosperity
    3858 Walnut Street Suite 219
    Denver,CO80205     		NONE PC Social Service 65,000
    DiscoverE
    1420 King Street
    Alexandria,VA22314     		NONE PC Education 425,000
    Bucknell University
    Development Alumni Relation 301 M
    Lewisburg,PA17837     		NONE PC Education 150
    Calif Polytechnic State Univer Fdtn
    One Grand Ave Ste 01 413
    San Louis Obispo,CA934070443     		NONE PC Education 1,000
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 250
    George Washington University 1
    2033 K Street NW Suite 300
    Washington,DC200772685     		NONE PC Education 1,000
    Georgia Tech Foundation
    190 North Avenue
    Atlanta,GA30313     		NONE PC Education 250
    Harvard Law School Annual Fund
    PO Box 419209
    Boston,MA022419209     		NONE PC Education 500
    Idaho State University
    Campus MSC 8050 921 South 8th Avenu
    Pocatello,ID832098050     		NONE PC Education 250
    Iowa State University
    2505 University Boulevard PO Box
    Ames,IA500102230     		NONE PC Education 1,000
    Iowa State University
    2505 University Boulevard PO Box
    Ames,IA500102230     		NONE PC Education 100
    Lehigh University 2
    125 Goodman Dr
    Bethlehem,PA18015     		NONE PC Education 500
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 400
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 600
    Saint Anselm College
    100 St Anselm Drive Box 1738
    Manchester,NH03102     		NONE PC Education 500
    South Dakota School of Mines & Technology
    306 East St Joseph St Ste 200
    Rapid City,SD57701     		NONE PC Education 1,000
    South Dakota School of Mines & Technology
    306 East St Joseph St Ste 200
    Rapid City,SD57701     		NONE PC Education 1,000
    Stanford University
    326 Galvez Street
    Stanford,CA943056105     		NONE PC Education 1,000
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 1,000
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 260
    Trinity University
    One Trinity Place Box 49
    San Antonio,TX782127200     		NONE PC Education 100
    UC Santa Barbara
    Gifts Administration
    Santa Barbara,CA931061130     		NONE PC Education 100
    University of Florida 1
    PO Box 14425
    Gainsville,FL326042425     		NONE PC Education 250
    University of Florida 1
    PO Box 14425
    Gainsville,FL326042425     		NONE PC Education 1,000
    University of Illinois 1
    1305 West Green Street
    Urbana,IL618012962     		NONE PC Education 150
    University of Pittsburgh
    Park Plaza 128 North Craig Street
    Pittsburgh,PA15260     		NONE PC Education 500
    Virginia Tech Foundation Inc
    902 Prices Fork Road - 0336
    Blacksburg,VA24061     		NONE PC Education 200
    Washington State University
    PO Box 641927
    Pullman,WA991641927     		NONE PC Education 1,000
    Washington State University
    PO Box 641927
    Pullman,WA991641927     		NONE PC Education 100
    Yale University
    PO Box 2038
    New Haven,CT065212038     		NONE PC Education 500
    Massachusetts Institute of Technology
    600 Memorial Dr W98-200
    Cambridge,MA021394822     		NONE PC Education 500
    University of Houston
    Matching Gift Admin PO Box 867
    Houston,TX770010867     		NONE PC Education 300
    University of Houston
    Matching Gift Admin PO Box 867
    Houston,TX770010867     		NONE PC Education 500
    Vanderbilt University
    PMB 407727 2301 Vanderbilt Place
    Nashville,TN372407727     		NONE PC Education 500
    Babson College
    231 Forest Street PO Box 57310
    Babson Park,MA02457     		NONE PC Education 200
    Bucknell University
    Development Alumni Relation 301 M
    Lewisburg,PA17837     		NONE PC Education 250
    Canisius College
    2001 Main Street
    Buffalo,NY14208     		NONE PC Education 150
    Carnegie Mellon University
    PO Box 371525
    Pittsburgh,PA15251     		NONE PC Education 500
    Carroll College
    1601 North Benton Avenue
    Helena,MT56925     		NONE PC Education 300
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 100
    Columbia University 1
    622 West 113th Street Mail Code 452
    New York,NY10025     		NONE PC Education 500
    Community College of Allegheny County
    808 Ridge Ave
    Pittsburgh,PA15212     		NONE PC Education 500
    Evergreen State College
    2700 Evergreen Parkway NW Semi Anne
    Olympia,WA98505     		NONE PC Education 250
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 150
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 260
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 150
    Lehigh University 2
    125 Goodman Dr
    Bethlehem,PA18015     		NONE PC Education 500
    Loyola College of Maryland
    4501 North Charles Street
    Baltimore,MD21210     		NONE PC Education 100
    Massachusetts Institute of Technology
    600 Memorial Dr W98-200
    Cambridge,MA021394822     		NONE PC Education 300
    Michigan Tech University
    1400 Townsend Dr
    Houghton,MI49931     		NONE PC Education 200
    Ohio State University
    PO Box 710811
    Columbus,OH432710811     		NONE PC Education 500
    Ohio State University
    PO Box 710811
    Columbus,OH432710811     		NONE PC Education 100
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 100
    Rensselaer Polytechnic Institute 1
    Gift Processing Center PO Box 316
    Boston,MA022413164     		NONE PC Education 300
    Rensselaer Polytechnic Institute 1
    Gift Processing Center PO Box 316
    Boston,MA022413164     		NONE PC Education 100
    Robert Morris University
    6001 University Blvd
    Moon Township,PA15108     		NONE PC Education 500
    Rochester Institute of Technology
    116 Lomb Memorial Drive
    Rochester,NY146235608     		NONE PC Education 300
    Rose-Hulman Institute of Technology
    5500 Wabash Avenue
    Terre Haute,IN47803     		NONE PC Education 1,000
    Rutgers University 1
    335 George Street-Liberty Plaza- FL
    New Brunswick,NJ08901     		NONE PC Education 1,000
    Seton Hill University
    1 Seton Hill Drive
    Greensburg,PA15601     		NONE PC Education 100
    South Dakota State University
    815 Medary Avenue Box 525
    Brookings,SD57007     		NONE PC Education 250
    Southern Illinois University
    Mail Code 6805 SIUC
    Carbondale,IL62901     		NONE PC Education 500
    Union College
    807 Union Street
    Schenectady,NY12308     		NONE PC Education 700
    Union College
    807 Union Street
    Schenectady,NY12308     		NONE PC Education 100
    University of Florida 1
    PO Box 14425
    Gainsville,FL326042425     		NONE PC Education 300
    University of Maine 1
    Buchanan Alumni House Two Alumni Pl
    Orono,ME044695792     		NONE PC Education 250
    University of Pennsylvania 1
    Pennsylvania Suite 300 / GAAR 2929
    Philadelphia,PA19106     		NONE PC Education 100
    USMMA Alumni Foundation Inc
    PO Box 222011
    Great Neck,NY11022     		NONE PC Education 300
    USMMA Alumni Foundation Inc
    PO Box 222011
    Great Neck,NY11022     		NONE PC Education 100
    USMMA Alumni Foundation Inc
    PO Box 222011
    Great Neck,NY11022     		NONE PC Education 750
    Webb Institute
    298 Cresent Beach Rd
    Glen Cove,NY11542     		NONE PC Education 250
    Webb Institute
    298 Cresent Beach Rd
    Glen Cove,NY11542     		NONE PC Education 1,000
    West Virginia University
    PO Box 1650
    Morgantown,WV26507     		NONE PC Education 100
    Worcester Polytechnic Institute
    100 Institute Road
    Worcester,MA01609     		NONE PC Education 1,000
    Youngstown State University 1
    655 Wick Avenue
    Youngstown,OH44502     		NONE PC Education 100
    Youngstown State University 1
    655 Wick Avenue
    Youngstown,OH44502     		NONE PC Education 100
    Rensselaer Polytechnic Institute 1
    Gift Processing Center PO Box 316
    Boston,MA022413164     		NONE PC Education 100
    Binghamton University
    New York at Binghampton PO Box 60
    Binghamton,NY139026005     		NONE PC Education 100
    Chatham University
    University Advancement Woodland Roa
    Pittsburgh,PA15232     		NONE PC Education 1,000
    University of Pittsburgh
    Park Plaza 128 North Craig Street
    Pittsburgh,PA15260     		NONE PC Education 100
    Brown University
    Box 1877
    Providence,RI02912     		NONE PC Education 100
    Bowling Green State University
    Mileti Alumni Center
    Bowling Green,OH43403     		NONE PC Education 1,000
    Calif Polytechnic State Univer Fdtn
    One Grand Ave Ste 01 413
    San Louis Obispo,CA934070443     		NONE PC Education 1,000
    Carnegie Mellon University
    PO Box 371525
    Pittsburgh,PA15251     		NONE PC Education 500
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 100
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 100
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 250
    Clemson University
    PO Box 1529
    Clemson,SC29633     		NONE PC Education 1,000
    Cleveland State Community College
    3535 Adkisson Drive
    Cleveland,TN37320     		NONE PC Education 500
    Columbia University 1
    622 West 113th Street Mail Code 452
    New York,NY10025     		NONE PC Education 500
    Embry-Riddle Aeronautical Univ
    600 S Clyde Morris Blvd
    Daytona Beach,FL321143900     		NONE PC Education 100
    Gettysburg College
    300 N Washington Street
    Gettysburg,PA17325     		NONE PC Education 100
    Harvard University 1
    Dana-Farber Cancer Institute 10 Bro
    Brookline,MA02445     		NONE PC Education 1,000
    Harvey Mudd College
    301 Platt Boulevard
    Claremont,CA91711     		NONE PC Education 1,000
    Harvey Mudd College
    301 Platt Boulevard
    Claremont,CA91711     		NONE PC Education 1,000
    Johns Hopkins University 4
    3910 Keswick Road suite N2100
    Baltimore,MD21211     		NONE PC Education 500
    Los Medanos College
    2700 East Leland Rd
    Pittsburg,CA94565     		NONE PC Education 200
    Lousiana State University 1
    3796 Nicholson Dr
    Baton Rouge,LA70802     		NONE PC Education 100
    Massachusetts Institute of Technology
    600 Memorial Dr W98-200
    Cambridge,MA021394822     		NONE PC Education 200
    Montgomery College 1
    9221 Corporate Blvd
    Rockville,MD20850     		NONE PC Education 100
    Occidental College
    1600 Campus Road
    Los Angeles,CA90041     		NONE PC Education 250
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 300
    Purdue University
    403 West Wood Street West
    Lafayette,IN479072007     		NONE PC Education 100
    Rensselaer Polytechnic Institute 1
    Gift Processing Center PO Box 316
    Boston,MA022413164     		NONE PC Education 200
    Saint Francis University
    PO Box 600 - Advancement
    Loretto,PA159400600     		NONE PC Education 800
    Saint Vincent College
    300 Fraser Purchase Road
    Latrobe,PA156502690     		NONE PC Education 100
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 250
    Union College
    807 Union Street
    Schenectady,NY12308     		NONE PC Education 100
    Union College
    807 Union Street
    Schenectady,NY12308     		NONE PC Education 100
    University of Albany
    1400 Washington Avenue UAB201
    Albany,NY12222     		NONE PC Education 100
    University of Arizona 1
    1111 N Cherry Ave
    Tucson,AZ85721     		NONE PC Education 150
    University of Chicago 2
    5235 S Harper Court
    Chicago,IL60615     		NONE PC Education 100
    University of Florida 1
    PO Box 14425
    Gainsville,FL326042425     		NONE PC Education 100
    University of Illinois
    PO Box 3429
    Champaign,IL618263429     		NONE PC Education 750
    University of Maryland 1
    4603 Calvert Road
    College Park,MD20740     		NONE PC Education 100
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 400
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 300
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 300
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 1,000
    University of Rochester
    PO Box 270032
    Rochester,NY14627     		NONE PC Education 100
    University of Texas - Houston
    MD Anderson Cancer Center PO 44
    Houston,TX77210     		NONE PC Education 100
    University of Virginia 2
    PO Box 400331
    Charlottesville,VA22904     		NONE PC Education 200
    University of Wisconsin - Superior
    PO Box 2000 Superior
    Superior,WI548804500     		NONE PC Education 100
    University of Wisconsin 2
    1848 University Ave
    Madison,WI53726     		NONE PC Education 150
    USMMA Alumni & Foundation Inc
    300 Steamboat Road
    Kings Point,NY11024     		NONE PC Education 120
    West Virginia University
    PO Box 1650
    Morgantown,WV26507     		NONE PC Education 100
    Widener University
    One University Place
    Chester,PA190135792     		NONE PC Education 1,000
    Virginia Tech Foundation Inc
    902 Prices Fork Road - 0336
    Blacksburg,VA24061     		NONE PC Education 125
    Wentworth Institute of Technology
    550 Huntington Avenue
    Boston,MA02115     		NONE PC Education 150
    St Mary's University
    One Camino Sata Maria
    Antonio,TX78228     		NONE PC Education 100
    St Mary's University
    One Camino Sata Maria
    Antonio,TX78228     		NONE PC Education 100
    University of Houston
    Matching Gift Admin PO Box 867
    Houston,TX770010867     		NONE PC Education 200
    University of Texas - Austin
    PO Box 7458
    Austin,TX78713     		NONE PC Education 100
    University of Maryland 1
    4603 Calvert Road
    College Park,MD20740     		NONE PC Education 1,000
    University of Oklahoma
    100 Timberdell Rd
    Norman,OK73019     		NONE PC Education 1,000
    Tulane University 1
    Gift Accounting Department 1555 Poy
    New Orleans,LA70112     		NONE PC Education 1,000
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 135
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 1,000
    University of Montana Foundation
    PO Box 7159
    Missoula,MT598077159     		NONE PC Education 100
    University of Tennessee 5
    1525 University Avenue
    Knoxville,TN379960650     		NONE PC Education 1,000
    University of Washington 2
    Gift Processing PO Box 359505
    Seattle,WA981959505     		NONE PC Education 100
    Wellesley College
    106 Central Street
    Wellesley,MA02481     		NONE PC Education 100
    Washington State University Fdtn
    PO Box 641927
    Pullman,WA99164     		NONE PC Education 1,000
    Gonzaga University
    502 East Boone Avenue
    Spokane,WA992580098     		NONE PC Education 250
    Columbia Basin College Foundation
    2600 N 20th Ave
    Pasco,WA99301     		NONE PC Education 500
    Virginia Tech Foundation Inc
    902 Prices Fork Road - 0336
    Blacksburg,VA24061     		NONE PC Education 500
    Villanova University
    Development Office 800 Lancaster Av
    Villanova,PA190851673     		NONE PC Education 300
    Georgetown University
    Attn Annual Fund Gift Processing D
    Washington,DC200730734     		NONE PC Education 1,000
    Robert Morris University
    6001 University Blvd
    Moon Township,PA15108     		NONE PC Education 1,000
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 250
    University of Pittsburgh
    Park Plaza 128 North Craig Street
    Pittsburgh,PA15260     		NONE PC Education 125
    Carnegie Mellon University
    PO Box 371525
    Pittsburgh,PA15251     		NONE PC Education 250
    Carnegie Mellon University
    PO Box 371525
    Pittsburgh,PA15251     		NONE PC Education 150
    Rensselaer Polytechnic Institute 1
    Gift Processing Center PO Box 316
    Boston,MA022413164     		NONE PC Education 100
    Kansas State University Foundation
    1800 Kimball Ave Ste 200
    Manhattan,KS66502     		NONE PC Education 120
    Webb Institute
    298 Cresent Beach Rd
    Glen Cove,NY11542     		NONE PC Education 700
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 150
    Washington and Lee University
    204 W Washington Street
    Lexington,VA24450     		NONE PC Education 1,000
    Duke University
    PO Box 90581
    Durham,NC277080581     		NONE PC Education 1,000
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 1,000
    Molloy College
    1000 Hempstead Ave
    Rockville Centre,NY11571     		NONE PC Education 100
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 250
    Bucknell University
    Development Alumni Relation 301 M
    Lewisburg,PA17837     		NONE PC Education 150
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 750
    Frostburg State University Foundation
    101 Braddock Road
    Frostburg,MD21532     		NONE PC Education 100
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 125
    Idaho State University
    Campus MSC 8050 921 South 8th Avenu
    Pocatello,ID832098050     		NONE PC Education 1,000
    Emporia State University Fdtn
    1500 Highland Street
    Emporia,KS66801     		NONE PC Education 500
    University of Tennessee 5
    1525 University Avenue
    Knoxville,TN379960650     		NONE PC Education 125
    Worcester Polytechnic Institute
    100 Institute Road
    Worcester,MA01609     		NONE PC Education 150
    Worcester Polytechnic Institute
    100 Institute Road
    Worcester,MA01609     		NONE PC Education 1,000
    Rutgers University 1
    335 George Street-Liberty Plaza- FL
    New Brunswick,NJ08901     		NONE PC Education 1,000
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 200
    Skidmore College
    815 North Broadway
    Saratoga Springs,NY12866     		NONE PC Education 1,000
    Regents of the University of Michigan
    DEPT CH 10189
    Palatine,IL600550189     		NONE PC Education 100
    University of California LA Foundation
    LA Foundation
    Los Angeles,CA90024     		NONE PC Education 1,000
    Purdue University
    403 West Wood Street West
    Lafayette,IN479072007     		NONE PC Education 1,000
    California State University - Sacramento
    6000 J Street
    Sacramento,CA95819     		NONE PC Education 250
    California Polytechnic State University
    1 Grand Ave
    San Luis Obispo,CA93407     		NONE PC Education 250
    Colorado Mesa University
    1450 North 12th Street
    Grand Junction,CO81501     		NONE PC Education 500
    University of Tennessee 5
    1525 University Avenue
    Knoxville,TN379960650     		NONE PC Education 150
    US Naval Academy
    247 King George Street
    Annapolis,MD21402     		NONE PC Education 500
    Rice University
    6100 Main Street MS81
    Houston,TX770051827     		NONE PC Education 500
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 1,000
    Washington State University Fdtn
    PO Box 641927
    Pullman,WA99164     		NONE PC Education 100
    University of Houston
    Matching Gift Admin PO Box 867
    Houston,TX770010867     		NONE PC Education 1,000
    Massachusetts Institute of Technology
    600 Memorial Dr W98-200
    Cambridge,MA021394822     		NONE PC Education 500
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 100
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 125
    Southern Illinois University
    Mail Code 6805 SIUC
    Carbondale,IL62901     		NONE PC Education 500
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 200
    University of Illinois 1
    1305 West Green Street
    Urbana,IL618012962     		NONE PC Education 150
    University of Pittsburgh
    Park Plaza 128 North Craig Street
    Pittsburgh,PA15260     		NONE PC Education 150
    Massachusetts Institute of Technology
    600 Memorial Dr W98-200
    Cambridge,MA021394822     		NONE PC Education 100
    Ohio State University
    PO Box 710811
    Columbus,OH432710811     		NONE PC Education 100
    Michigan Tech University
    1400 Townsend Dr
    Houghton,MI49931     		NONE PC Education 250
    University of Idaho 1
    875 Perimeter Drive Mail Stop 3143
    Moscow,ID838443147     		NONE PC Education 250
    Association of Graudates of the USMA
    698 Mills Road
    West Point,NY10996     		NONE PC Education 1,000
    Trinity University
    One Trinity Place Box 49
    San Antonio,TX782127200     		NONE PC Education 100
    University of Kentucky 2
    210 Malabu Dr Suite 200
    Lexington,KY40502     		NONE PC Education 1,000
    University of New Mexico 1
    Two Woodward Center 700 Lomas Blvd
    Albuquerque,NM871022568     		NONE PC Education 100
    Clarkson University 1
    8 Clarkson Avenue Box 5510
    Potsdam,NY13699     		NONE PC Education 250
    Texas A&M University
    401 George Bush Drive
    College Station,TX778402811     		NONE PC Education 260
    Pennsylvania State University 1
    2583 Gateway Drive Ste 130
    State College,PA168013098     		NONE PC Education 300
    Total .................................bullet 3a 2,311,630
    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....     14 581,632  
    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 60,796  
    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)..   642,428  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    642,428
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    BECHTEL GROUP FOUNDATION
     
    Employer identification number

    94-6078120
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    BECHTEL GROUP FOUNDATION
          		Employer identification number
    94-6078120
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BECHTEL CORPORATION  
    PO BOX 7700
     
    GLENDALE, AZ853127700

    		$ 3,002,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    BECHTEL GROUP FOUNDATION
          		Employer identification number

    94-6078120
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    BECHTEL GROUP FOUNDATION
          		Employer identification number

    94-6078120
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2018 DepreciationSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 9,914,818 9,914,818

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 12,243,619 12,243,619

    TY 2018 OtherDecreasesSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Description Amount
    PY ROUNDING DIFF. 1
    UNREALIZED LOSS 1,407,744


    TY 2018 OtherExpensesSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXPENSE 116,881 58,441   58,441
    FUNCTIONAL EXPENSES 30,659 30,659   30,659


    TY 2018 TaxesSchedule
    Name:
    BECHTEL GROUP FOUNDATION
    EIN:
    94-6078120
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX EXPENSE 7,545     160