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
THIRD FEDERAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)7007 BROADWAY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH441051441
A Employer identification number

20-8467212
B Telephone number (see instructions)

(216) 641-7270
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$49,818,661J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,382 1,382  
4 Dividends and interest from securities... 2,053,174 2,053,174  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 506,338
b Gross sales price for all assets on line 6a 7,594,231
7 Capital gain net income (from Part IV, line 2)... 506,338
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 5,400 0  
12 Total. Add lines 1 through 11........ 2,566,294 2,560,894  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 543,714 0   543,714
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 57,452 0   57,452
16a Legal fees (attach schedule)......... Click to see attachment 3,873 0   3,873
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 45,286 45,286   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 49,176 6,508   26,668
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,372 0   19,372
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 7,666 0   6,663
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 726,539 51,794   657,742
25 Contributions, gifts, grants paid....... 4,472,334 4,472,334
26 Total expenses and disbursements. Add lines 24 and 25 5,198,873 51,794   5,130,076
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,632,579
b Net investment income (if negative, enter -0-) 2,509,100
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,673 2,968 2,968
2 Savings and temporary cash investments......... 893,485 769,937 769,937
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)....... 15,401,040 Click to see attachment15,401,040 24,841,878
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 27,109,222 Click to see attachment24,599,896 23,903,878
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment300,000 Click to see attachment300,000 Click to see attachment300,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 43,706,420 41,073,841 49,818,661
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 43,706,420 41,073,841
30 Total net assets or fund balances (see instructions)..... 43,706,420 41,073,841
31 Total liabilities and net assets/fund balances (see instructions). 43,706,420 41,073,841
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
43,706,420
2
Enter amount from Part I, line 27a .....................
2
-2,632,579
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,073,841
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
41,073,841
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 LONG-TERM TRANSACTIONS P   2018-12-31
b CAPITAL GAINS DIVIDENDS 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 7,449,418   7,087,893 361,525
b 144,813     144,813
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       361,525
b       144,813
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 2 506,338
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 4,460,321 54,816,034 0.081369
2016 4,036,275 58,370,718 0.069149
2015 3,871,685 57,737,834 0.067056
2014 2,934,048 53,397,848 0.054947
2013 2,257,000 46,550,367 0.048485
2
Total of line 1, column (d) .....................
2
0.321006
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
0.064201
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
51,132,870
5
Multiply line 4 by line 3......................
5
3,282,781
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
25,091
7
Add lines 5 and 6........................
7
3,307,872
8
Enter qualifying distributions from Part XII, line 4,.............
8
5,130,076
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 25,091
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 25,091
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 25,091
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 19,622
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 44,622
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 19,531
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet19,531 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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.GUIDESTAR.COM
    14
    The books are in care ofbulletKURT KARAKUL PRESIDENT Telephone no.bullet (216) 641-7270

    Located atbullet7007 BROADWAY AVENUECLEVELANDOH ZIP+4bullet44105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARC A STEFANSKI CEO & DIRECTOR
    5.00     		0 0 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    KURT KARAKUL PRESIDENT
    40.00     		373,345 38,970 5,390
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    NANCY COX SECRETARY
    5.00     		0 0 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    ROBERT A FIALA DIRECTOR
    5.00     		0 0 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    JOHN MARINO DIRECTOR
    5.00     		0 0 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    ANDREW RUBINO TREASURER
    5.00     		0 0 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    ASHLEY WILLIAMS OFFICER
    40.00     		86,826 9,421 0
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    EMILY THOME OFFICER
    40.00     		83,543 9,061 466
    7007 BROADWAY AVENUE
    CLEVELAND,OH44105
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    50,814,918
    b
    Average of monthly cash balances.......................
    1b
    796,625
    c
    Fair market value of all other assets (see instructions)................
    1c
    300,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    51,911,543
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    51,911,543
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    778,673
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    51,132,870
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,556,644
    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
    2,556,644
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    25,091
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,091
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,531,553
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,400
    5
    Add lines 3 and 4............................
    5
    2,536,953
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,536,953
    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
    5,130,076
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    5,130,076
    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
    25,091
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,104,985
    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 2,536,953
    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......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 592,894
    e From 2017...... 1,756,693
    fTotal of lines 3a through e........ 2,349,587
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 5,130,076
    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..... 2,536,953
    e Remaining amount distributed out of corpus 2,593,123
    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 4,942,710
    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 ......     		4,942,710
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 592,894
    d Excess from 2017.... 1,756,693
    e Excess from 2018.... 2,593,123
    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:
    THIRD FEDERAL FOUNDATION CO KURT KA
    7007 BROADWAY AVENUE
    CLEVELAND,OH441051441
    (216) 641-7270
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED IN WRITTEN FORM AND INCLUDE INFORMATION CONCERNING THE NATURE OF THE REQUEST, THE CHARITABLE OR EDUCATIONAL PURPOSE FOR WHICH THE GRANT WILL BE UTILIZED, AND INFORMATIN CONCERNING THE REQUESTING ORGANIZATION'S CHARITABLE AND/OR EDUCATIONAL PROGRAMS.
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES. THE FOUNDATION WILL EVALUATE REQUESTS IN A TIMELY MANNER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE RESTRICTED TO ORGANIZATIONS OPERATING CHARITABLE AND EDUCATIONAL PROGRAMS THAT QUALIFY AS SECTION 501(C)(3) ORGANIZATIONS. THE FOUNDATION GENERALLY WILL PROVIDE GRANTS WITH RESPECT TO COMMUNITY DEVELOPMENT, AND THE FOUNDATION SUPPORTS VARIOUS PROGRAMS FOR THE REDEVELOPMENT OF ECONOMICALLY DEPRESSED AREAS AND NEIGHBORHOODS, INCLUDING THE AREA NEAR THE OFFICES OF THIRD FEDERAL. THE SECOND SUCH AREA OF EMPHASIS IS EDUCATION WHERE THE FOUNDATION SUPPORTS VARIOUS INITIATIVES AT THE PRIMARY, SECONDARY AND POST SECONDARY LEVELS WHICH RAISE THE ASPRIATIONS OF STUDENTS IN THE COMMUNITY AND PROGRAMS THAT ENHANCE KNOWLEDGE IN SPECIFIC AREAS SUCH AS ECONOMICS, COMMUNICATIONS, BUSINESS, AND PUBLIC SPEAKING AS WELL AS INITIATIVES THAT ENHANCE THE DISSEMINATION OF INFORMATION NECESSARY TO SUPPORT EDUCATION.
    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
    AMERICA SCORES CLEVELAND
    1422 EUCLID AVENUE STE 708
    CLEVELAND,OH44115     		NONE 501(C)(3) CHARITABLE PURPOSE 85,500
    AMERICAN ASSEMBLY
    475 RIVERSIDE DRIVE
    NEW YORK,NY101150002     		NONE 501(C)(3) CHARITABLE PURPOSE 2,500
    AMERICAN CANCER SOCIETY-PAN OHIO HOPE RIDE
    10501 EUCLID AVENUE
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 500
    ANOTHER CHANCE OF OHIO
    2974 E 65TH ST
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    BALLET PALM BEACH
    10357 IRONWOOD RD
    PALM BCH GDNS,FL334104223     		NONE 501(C)(3) CHARITABLE PURPOSE 1,500
    BLACK MEN OF GREATER CLEVELAND
    27801 EUCLID AVENUE
    EUCLID,OH441323549     		NONE 501(C)(3) CHARITABLE PURPOSE 550
    BLESSING HOUSE
    5440 GROVE AVE
    LORAIN,OH440553601     		NONE 501(C)(3) CHARITABLE PURPOSE 500
    BOY AND GIRLS CLUBS OF PALM BEACH COUNTY
    800 NORTHPOINT PARKWAY STE 204
    WEST PALM BEACH,FL33407     		NONE 501(C)(3) CHARITABLE PURPOSE 40,000
    BOY SCOUTS OF AMERICA
    10078 READING RD
    CINCINNATI,OH452414833     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    BOYS AND GIRLS CLUB OF CLEVELAND
    6114 BROADWAY AVENUE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 192,500
    BOYS HOPE GIRLS HOPE
    9619 GARFIELD BLVD
    CLEVELAND,OH44125     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    BROADWAY SCHOOL OF MUSIC & THE ARTS
    5415 BROADWAY AVE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    BURTEN BELL CARR DEVELOPMENT INC
    7201 KINSMAN RD 104
    CLEVELAND,OH44120     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    CASE WESTERN RESERVE UNIVERSITY
    10900 EUCLID AVENUE
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 941,000
    CENTER FOR ARTS INSPIRED LEARNING
    13110 SHAKER SQUARE STE C203
    CLEVELAND,OH44120     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    CHAMBERFEST CLEVELAND
    20620 NORTH PARK BLVD STE 217
    CLEVELAND,OH44118     		NONE 501(C)(3) CHARITABLE PURPOSE 3,500
    CHN HOUSING PARTNERS
    2999 PAYNE AVENUE STE 306
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    CITY CLUB OF CLEVELAND
    850 EUCLID AVE 2ND FLOOR
    CLEVELAND,OH441143306     		NONE 501(C)(3) CHARITABLE PURPOSE 1,600
    CITY MUSIC CLEVELAND
    PO BOX 1930
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    CITY YEAR INC
    526 SUPERIOR AVE E
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 100,479
    CLEVELAND ARTS PRIZE
    PO BOX 21126
    CLEVELAND,OH441210126     		NONE 501(C)(3) CHARITABLE PURPOSE 2,500
    CLEVELAND CENTRAL CATHOLIC HIGH SCHOOL
    6550 BAXTER AVENUE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 840,000
    CLEVELAND CLINIC FLORIDA FOUNDATION
    6801 BRECKSVILLE RD
    INDEPENDENCE,OH44131     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    CLEVELAND CLINIC FOUNDATION
    6801 BRECKSVILLE RD NO RK1-85
    INDEPENDENCE,OH441315032     		NONE 501(C)(3) CHARITABLE PURPOSE 21,500
    CLEVELAND FESTIVAL OF ART & TECH-INGENUITY FEST
    1900 SUPERIOR AVE STE 104
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 3,000
    CLEVELAND FOUNDATION
    1422 EUCLID AVENUE STE 1300
    CLEVELAND,OH44115     		NONE 501(C)(3) CHARITABLE PURPOSE 2,000
    CLEVELAND INSTITUTE OF ART
    11141 EAST BLVD
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 2,500
    CLEVELAND INTERNATIONAL FILM FESTIVAL
    2510 MARKET AVENUE
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    CLEVELAND LEADERSHIP CENTER
    ONE CLEVELAND CENTRE 1375 EAST
    NINTH ST
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 13,300
    CLEVELAND MUSUEM NATURAL HISTORY
    1 WADE OVAL DR
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    CLEVELAND NEIGHBORHOOD PROGRESS
    11327 SHAKER BLVD 500W
    CLEVELAND,OH44104     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    CLEVELAND PUBLIC THEATRE
    6415 DETROIT AVENUE
    CLEVELAND,OH44102     		NONE 501(C)(3) CHARITABLE PURPOSE 2,500
    CLEVELAND ZOOLOGICAL SOCIETY
    3900 WILDLIFE WAY
    CLEVELAND,OH44109     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    COLLEGE NOW GREATER CLEVELAND
    230 W HURON RD
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 30,000
    COMMUNITY ASSESSMENT & TREATMENT SVCS
    8411 BROADWAY AVENUE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    COMMUNITY OF FAITH ASSEMBLY
    5949 ENGEL AVE
    CLEVELAND,OH441271726     		NONE 501(C)(3) CHARITABLE PURPOSE 20,000
    CORPORATION TO DEVELOP COMMUNITIES OF TAMPA
    1907 EAST HILLSBOROUGH AVE STE 100
    TAMPA,FL33610     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    CZECH CULTURAL CENTER MUSEUM
    4939 BROADWAY AVE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 7,500
    DAILY DOSE OF READING
    2054 S GREEN RD
    SOUTH EUCLID,OH441214243     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    DIVERSITY CENTER OF NORTHEAST OHIO
    3659 GREEN RD STE 220
    CLEVELAND,OH441225715     		NONE 501(C)(3) CHARITABLE PURPOSE 6,200
    ELIZABETH BAPTIST CHURCH
    6114 FRANCIS AVE
    CLEVELAND,OH441271339     		NONE 501(C)(3) CHARITABLE PURPOSE 750
    EMPOWERING YOUTH EXPLORING JUSTICE
    3535 PERKINS AVE
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    ENTERPRISE COMMUNITY PARTNERS
    1360 E NINTH ST STE 510
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    ESOP
    183 W MARKET ST
    WARREN,OH44481     		NONE 501(C)(3) CHARITABLE PURPOSE 125,000
    ESPERANZA INC
    3104 W 25TH ST 4TH FLOOR
    CLEVELAND,OH44109     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    FAMILY CONNECTIONS
    19824 SUSSEX RD
    SHAKER HTS,OH44122     		NONE 501(C)(3) CHARITABLE PURPOSE 75,400
    FATIMA FAMILY CENTER
    6600 LEXINTON AVE
    CLEVELAND,OH44103     		NONE 501(C)(3) CHARITABLE PURPOSE 500
    FBI CLEVELAND CITIZENS ACADEMY ALUMNI ASSOCIATION
    7 ST CLAIR AVE NE PMB 216
    CLEVELAND,OH441141251     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    FIRST FRIDAY CLUB OF CLEVELAND
    1120 CHESTER AVE STE 470
    CLEVELAND,OH441143521     		NONE 501(C)(3) CHARITABLE PURPOSE 250
    FIRST TEE OF CLEVELAND
    3841 WASHINGTON PARK BLVD
    NEWBURGH HEIGHTS,OH441053178     		NONE 501(C)(3) CHARITABLE PURPOSE 35,000
    FOURTH DISTRICT DIVISION OF POLICE
    9333 KINSMAN RD
    CLEVELAND,OH44104     		NONE 501(C)(3) CHARITABLE PURPOSE 500
    FULLERTON SCHOOL
    5920 FULLERTON AVE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    FUND FOR OUR ECONOMIC FUTURE
    1360 EAST NINTH STREET STE 210
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 50,000
    GILMOUR ACADEMY
    43001 CEDAR RD
    GATES MILLS,OH44040     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    GRACE COMMUNITY OUTREACH MINISTRIES
    834 EDINBORO CT APT D
    DAYTON,OH454311168     		NONE 501(C)(3) CHARITABLE PURPOSE 1,500
    HELP
    26900 EUCLID AVE
    EUCLID,OH44132     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    HEIDELBERG UNIVERSITY
    310 E MARKET ST
    TIFFIN,OH44883     		NONE 501(C)(3) CHARITABLE PURPOSE 200,000
    HISPANIC UNITY OF FLA
    5840 JOHNSON ST
    HOLLYWOOD,FL33021     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    HOLY NAME PARISH
    8328 BROADWAY AVE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    HOUSING AND EDUCATION ALLIANCE INC
    9215 N FLORIDA AVE STE 104
    TAMPA,FL336127938     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    HUNTINGTON DISEASE SOCIETY OF AMERICA
    1350 EUCLID AVE STE 1400
    CLEVELAND,OH441151830     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    INTERNATIONAL COMMUNITY COUNCIL - WORLDWIDE INTERCULTURAL NETWORK
    PO BOX 20272
    CLEVELAND,OH441200272     		NONE 501(C)(3) CHARITABLE PURPOSE 750
    JONES ROAD DEVELOPMENT CORP
    8000 JONES ROAD
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    KENYON COLLEGE
    WIGGINS ST
    GAMBIER,OH43022     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    KEVIN WILLIAMS MEMORIAL FOUNDATION
    PO BOX 1118
    SHOREHAM,NY11786     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    LARCHMERE PORCHFEST
    12800 LARCHMERE
    CLEVELAND,OH44120     		NONE 501(C)(3) CHARITABLE PURPOSE 2,000
    LEGAL AID SOCIETY OF CLEVELAND
    1223 WEST SIXTH AVENUE
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 35,000
    LIBERIA ECONOMIC DEVELOPMENT INITIATIVE
    PO BOX 14037
    CLEVELAND,OH441140037     		NONE 501(C)(3) CHARITABLE PURPOSE 150
    LINCOLN SOUTHEAST KIWANIS CLUB FOUNDATION
    6911 ANTLER DR
    LINCOLN,NE685162409     		NONE 501(C)(3) CHARITABLE PURPOSE 300
    METRO CATHOLIC SCHOOL
    3555 W 54TH STREET
    CLEVELAND,OH44102     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    METROHEALTH FOUNDATION INC
    2500 METROHEALTH DR
    CLEVELAND,OH441091998     		NONE 501(C)(3) CHARITABLE PURPOSE 33,333
    MILES PARK SCHOOL
    4090 E 93RD ST
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    MINDPLAY
    4400 E BROADWAY BLVD STE 400
    TUSCON,AZ85711     		NONE 501(C)(3) CHARITABLE PURPOSE 1,275
    MLK JR HOLIDAY SCHOLARSHIP COMMITTEE
    PO BOX 201970
    CLEVELAND,OH44120     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    NATURE CENTER AT SHAKER LAKES
    2600 S PARK BLVD
    CLEVELAND,OH44120     		NONE 501(C)(3) CHARITABLE PURPOSE 7,500
    NEAR WEST THEATRE
    3606 BRIDGE AVE
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    NEIGHBORHOOD SOLUTIONS
    PO BOX 6031053
    CLEVELAND,OH44103     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    NEW DIRECTIONS INC
    30800 CHAGRIN BLVD
    PEPPER PIKE,OH44124     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    NORTH UNION FARMERS MARKET
    13111 SHAKER SQ STE 301
    CLEVELAND,OH441202345     		NONE 501(C)(3) CHARITABLE PURPOSE 3,500
    OPEN DOOR ACADEMY
    3311 PERKINS AVE 200
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 79,500
    OPEN M FOUNDATION
    941 PRINCETON STREET
    AKRON,OH44311     		NONE 501(C)(3) CHARITABLE PURPOSE 7,500
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVE STE 200
    MANHATTAN BEACH,CA90266     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    PARTNERSHIP FOR SAFER CLEVELAND
    614 W SUPERIOR AVE STE 852
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    PC FOR PEOPLE
    6005 FRANCIS AVE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 20,000
    POLISH AMERICAN CULTURAL CENTER
    6501 LANSING AVE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 1,260
    POLISH AMERICAN PRIESTS ASSOCIATION
    4598 HAMLETS GROVE DR
    SARASOTA,FL342352269     		NONE 501(C)(3) CHARITABLE PURPOSE 500
    PROGRESSIVE ARTS ALLIANCE
    3311 PERKINS AVE SUITE 300
    CLEVELAND,OH44114     		NONE 501(C)(3) CHARITABLE PURPOSE 30,000
    PROGRESSIVE BAPTIST ASSOCIATION
    118 GRACELAND BLVD STE 151
    COLUMBUS,OH432141530     		NONE 501(C)(3) CHARITABLE PURPOSE 250
    RAINEY INSTITUTE
    1705 EAST 55TH
    CLEVELAND,OH44103     		NONE 501(C)(3) CHARITABLE PURPOSE 1,250
    RED SNEAKERS FOR OAKLEY
    235 POTTER RD
    WEST PALM BEACH,FL334053360     		NONE 501(C)(3) CHARITABLE PURPOSE 7,500
    RHONDAS KISS
    7007 BROADWAY AVE
    CLEVELAND,OH441051441     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    SEEDS OF LITERACY
    3104 W 25TH STREET 3RD FLOOR
    CLEVELAND,OH44109     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    SLAVIC VILLAGE DEVELOPMENT
    5620 BROADWAY AVE SUITE 200
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 209,842
    SOUTHAMPTON FRESH AIR HOME FOR CRIPPLED CHILDREN
    PO BOX 244
    SOUTHAMPTON,NY119690244     		NONE 501(C)(3) CHARITABLE PURPOSE 750
    ST CASIMIR CHURCH
    8223 SOWINSKI AVE
    CLEVELAND,OH44103     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    ST MARTIN DEPORRES
    611 LAUSCHE AVE
    CLEVELAND,OH44103     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    STELLA MARIS
    1320 WASHINGTON AVE
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    SUMMER ON THE CUYAHOGA
    PO BOX 110662
    CLEVELAND,OH44111     		NONE 501(C)(3) CHARITABLE PURPOSE 6,000
    TASK FORCE ON VIOLENT CRIME CHARITABLE FUND
    614 W SUPERIOR AVE
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 25,000
    TEACH FOR AMERICA
    3500 LORAIN AVE SUITE 400
    CLEVELAND,OH44113     		NONE 501(C)(3) CHARITABLE PURPOSE 7,500
    THE LITERACY COOPERATIVE OF GREATER CLEVELAND
    1331 EUCLID AVE
    CLEVELAND,OH44115     		NONE 501(C)(3) CHARITABLE PURPOSE 75,350
    THE OHIO STATE UNIVERSITY
    341 POWHATAN AVE
    COLUMBUS,OH432041916     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    THE SOCIETY OF THE FOUR ARTS
    100 FOUR ARTS PLAZA
    PALM BEACH,FL33480     		NONE 501(C)(3) CHARITABLE PURPOSE 16,000
    TOYS FOR TOTS
    5572 SMITH RD
    BROOK PARK,OH44142     		NONE 501(C)(3) CHARITABLE PURPOSE 250
    UNITED WAY - LEE COUNTY
    7273 CONCOURSE DRIVE
    FORT MYERS,FL33908     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    UNITED WAY OF GREATER CLEVELAND
    1331 EUCLID AVE
    CLEVELAND,OH44115     		NONE 501(C)(3) CHARITABLE PURPOSE 100,750
    UNIVERSITY CIRCLE INC
    10831 MAGNOLIA DRIVE
    CLEVELAND,OH44106     		NONE 501(C)(3) CHARITABLE PURPOSE 6,000
    UNIVERSITY HOSPITAL HEALTH SYSTEM
    3605 WARRENSVILLE CENTER RD
    SHAKER HTS,OH44122     		NONE 501(C)(3) CHARITABLE PURPOSE 10,000
    UNIVERSITY SETTLEMENT
    4800 BROADWAY AVE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 265,295
    URBAN COMMUNITY SCHOOL-PM FOUNDATION
    4909 LORAIN AVE
    CLEVELAND,OH44102     		NONE 501(C)(3) CHARITABLE PURPOSE 15,000
    URBAN LEAGUE OF BROWARD COUNTY INCORPORATED
    560 NW 27TH AVE
    FT LAUDERDALE,FL333118654     		NONE 501(C)(3) CHARITABLE PURPOSE 21,000
    VALUES-IN-ACTION FOUNDATION
    6700 BETA DR STE 120
    MAYFIELD VLG,OH441432319     		NONE 501(C)(3) CHARITABLE PURPOSE 5,000
    WARNER GIRLS' LEADERSHIP ACADEMY
    8315 JEFFRIES AVE
    CLEVELAND,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    WASHINGTON PARK SCHOOL
    3875 WASHINGTON PARK BLVD
    NEWBURGH HEIGHTS,OH44105     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    WESTERN RESERVE LAND CONSERVANCY
    3850 CHAGRIN RIVER RD
    MORELAND HILLS,OH44022     		NONE 501(C)(3) CHARITABLE PURPOSE 36,500
    WILLOW SCHOOL
    5004 GLAZIER AVE
    CLEVELAND,OH44127     		NONE 501(C)(3) CHARITABLE PURPOSE 1,000
    WOMANKIND
    5350 TRANSPORTATION BOULEVARD
    GARFIELD HEIGHTS,OH44125     		NONE 501(C)(3) CHARITABLE PURPOSE 2,500
    YOUTH OPPORTUNITIES UNLIMITED
    1361 EUCLID AVE
    CLEVELAND,OH44115     		NONE 501(C)(3) CHARITABLE PURPOSE 70,000
    Total .................................bullet 3a 4,472,334
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,382  
    4 Dividends and interest from securities....     14 2,053,174  
    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 ............     		    18 506,338  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF PRIOR YEAR GRANTS PAID     		        5,400
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,560,894 5,400
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,566,294
    (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.)
    11 RETURN OF PRIOR YEAR GRANTS PAID
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Name of Stock End of Year Book Value End of Year Fair Market Value
    THIRD FEDERAL STOCK 15,401,040 24,841,878

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NATIONAL FINANCIAL SERVICES #656-193119 AT COST 24,599,896 23,903,878

    TY 2018 LegalFeesSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,873 0   3,873


    TY 2018 OtherAssetsSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    REZPAK LLC - PROGRAM RELATED INVESTMENT LOAN 300,000 300,000 300,000


    TY 2018 OtherExpensesSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 981 0   0
    PROFESSIONAL JOURNALS & DUES 2,315 0   2,315
    PRINTING AND REPRODUCTION 4,370 0   4,348


    TY 2018 OtherIncomeSchedule2
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURN OF PRIOR YEAR GRANTS PAID 5,400   5,400


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISOR FEES 45,286 45,286   0


    TY 2018 TaxesSchedule
    Name:
    THIRD FEDERAL FOUNDATION
    EIN:
    20-8467212
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 26,668 0   26,668
    OHIO FILING 200 200   0
    FOREIGN TAXES PAID 6,308 6,308   0
    FEDERAL TAXES PAID 16,000 0   0