Form990-PF
Click to see attachment

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
North Carolina GlaxoSmithKline
Foundation Inc
Number and street (or P.O. box number if mail is not delivered to street address)Five Moore Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Research Triangle Park, NC27709
A Employer identification number

58-1698610
B Telephone number (see instructions)

(919) 483-2823
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$60,042,163J 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) 84,305
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,744,344 2,744,344 2,744,344
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,357,123
b Gross sales price for all assets on line 6a 9,804,321
7 Capital gain net income (from Part IV, line 2)... 1,357,123
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,185,772 4,101,467 2,744,344
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 43,000     43,000
14 Other employee salaries and wages...... 624,366     624,366
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 17,431 17,431    
c Other professional fees (attach schedule).... Click to see attachment 194,288 117,033   77,255
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment -82,180      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,682     4,682
22 Printing and publications.......... 100     100
23 Other expenses (attach schedule)....... Click to see list of attachments 137,472     137,473
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 939,159 134,464   886,876
25 Contributions, gifts, grants paid....... 3,363,745 2,648,340
26 Total expenses and disbursements. Add lines 24 and 25 4,302,904 134,464   3,535,216
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -117,132
b Net investment income (if negative, enter -0-) 3,967,003
c Adjusted net income (if negative, enter -0-)... 2,744,344
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 Savings and temporary cash investments......... 178,359 1,237,038 1,237,038
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).......      
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).......... 67,466,043 Click to see attachment58,805,125 58,805,125
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment70    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,644,472 60,042,163 60,042,163
Liabilities 17 Accounts payable and accrued expenses..........   20,914
18 Grants payable................. 2,270,459 2,986,039
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment356,347 Click to see attachment195,138
23 Total liabilities (add lines 17 through 22)......... 2,626,806 3,202,091
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.................. 65,017,666 56,840,072
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)..... 65,017,666 56,840,072
31 Total liabilities and net assets/fund balances (see instructions). 67,644,472 60,042,163
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
65,017,666
2
Enter amount from Part I, line 27a .....................
2
-117,132
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
64,900,534
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,060,462
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
56,840,072
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 2495.633 T.Rowe Price Instl Large Cap Growth P 2015-03-25 2018-04-17
b 23361.171 Dodge & Cox Internatl Stock Fund P 2009-12-14 2018-08-23
c 3026.527 T.Rowe Price Instl Mid Cap Eqty Growth P 2003-06-26 2018-01-10
d 4336.513 Vanguard Small Cap Gindex FD Instl CL SH P 2008-03-25 2018-01-10
e 2000 Vanguard Whitehall FDS High Dividend YIE P 2013-08-09 2018-01-10
94333.66 Vanguard Market Neutral FD Inst CL P 2015-11-06 2018-01-09
3355.142 T.Rowe Price Instl Mid Cap Eqty Growth P 2003-06-26 2018-07-19
3873.717 Vanguard Small Cap Gindex FD Instl CL SH P 2008-03-25 2018-07-19
6978.367 T.Rowe Price Instl Large Cap Growth P 2015-03-25 2018-07-19
2000 Vanguard S&P 500 Growth ETF P 2015-04-09 2018-07-19
5060.729 Vanguard Small Cap Gindex FD Instl CL SH P 2008-03-25 2018-06-01
1000 Vanguard S&P 500 Growth ETF P 2015-04-07 2018-06-01
400 Pimco ETF TR Enhanced Short Mat Active E P 2017-10-04 2018-06-01
1587.302 Matthews Pacific Tiger Fund Instl P 2010-10-01 2018-03-05
1245.33 T.Rowe Price Instl Large Cap Growth P 2015-03-25 2018-03-05
200 Pimco ETF TR Enhanced Short Mat Active E P 2017-10-04 2018-05-14
858.222 T.Rowe Price Instl Mid Cap Eqty Growth P 2003-06-26 2018-11-28
1056.412 Vanguard Small Cap Gindex FD Instl CL SH P 2008-03-25 2018-11-28
2000 Vanguard Whitehall FDS High Dividend YIE P 2013-08-09 2018-11-28
4829.751 T.Rowe Price Instl Large Cap Growth P 2015-03-25 2018-11-28
1500 Ishares TR SH TR Crport ETF P 2017-10-04 2018-11-28
8598.452 Vanguard Market Neutral FD Inst CL P 2015-11-09 2018-11-28
2201.092 T.Rowe Price Instl Mid Cap Eqty Growth P 2003-06-26 2018-10-11
2645.503 Vanguard Small Cap Gindex FD Instl CL SH P 2008-03-25 2018-10-11
15048.909 Cohen & Steers Pref Securities Income I P 2012-01-18 2018-10-11
3000 Pimco ETF TR Enhanced Short Mat Active E P 2017-12-14 2018-10-11
6000 Ishares TR SH TR Crport ETF P 2017-10-04 2018-10-11
261480.36 Aberdeen Emerging Markets FD INSTL CL P 2018-06-01 2018-09-26
500 Vanguard S&P 500 Growth ETF P 2015-04-09 2018-09-06
(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 99,970   73,489 26,481
b 999,940   818,478 181,462
c 169,970   51,884 118,086
d 199,970   81,316 118,654
e 174,240   107,247 66,993
1,099,940   1,126,181 -26,241
199,970   57,517 142,453
199,970   72,638 127,332
299,970   205,494 94,476
303,969   204,939 99,030
249,970   94,896 155,074
147,193   102,469 44,724
40,569   40,484 85
49,970   37,507 12,463
49,970   36,672 13,298
20,297   20,242 55
49,970   14,713 35,257
49,970   19,809 30,161
168,873   107,655 61,218
199,970   142,223 57,747
77,309   78,722 -1,413
99,970   102,651 -2,681
124,970   37,733 87,237
124,970   49,607 75,363
199,970   188,548 11,422
304,431   303,662 769
309,717   314,887 -5,170
3,710,376   3,904,300 -193,924
77,947   51,235 26,712
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       26,481
b       181,462
c       118,086
d       118,654
e       66,993
      -26,241
      142,453
      127,332
      94,476
      99,030
      155,074
      44,724
      85
      12,463
      13,298
      55
      35,257
      30,161
      61,218
      57,747
      -1,413
      -2,681
      87,237
      75,363
      11,422
      769
      -5,170
      -193,924
      26,712
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 1,357,123
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 -193,015
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 3,844,084 63,071,410 0.06095
2016 3,411,221 58,250,004 0.05856
2015 4,172,268 62,475,979 0.06678
2014 3,520,501 64,051,501 0.05496
2013 3,765,278 60,775,777 0.06195
2
Total of line 1, column (d) .....................
2
0.303210
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
0.060642
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
66,269,348
5
Multiply line 4 by line 3......................
5
4,018,706
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
39,670
7
Add lines 5 and 6........................
7
4,058,376
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,535,216
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 79,340
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 79,340
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 79,340
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 91,484
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 91,484
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 12,144
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet12,144 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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)
    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 addressbullethttp://www.us-gsk.com/html/community/
    14
    The books are in care ofbulletMelinda Harris Telephone no.bullet (919) 483-2823

    Located atbulletFive Moore DriveResearch Triangle ParkNC ZIP+4bullet277093398
    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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Robert A Ingram Chairman
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Mark Werner Director
    0.46     		4,000    
    5 Moore Drive
    Research Triangle Park,NC27709
    Ann B Goodnight Director
    0.46     		3,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Margaret B Dardess Director
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Shirley T Frye Director
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Thomas R Haber Director
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Paul A Holcombe Jr Director
    0.58     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Phail Wynn Jr Director
    0.46     		1,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    John FAV Cecil Director
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Janice M Whitaker Director
    0.46     		4,000    
    Five Moore Drive
    Research Triangle Park,NC27709
    Marilyn E Foote-Hudson Executive Direc
    40.00     		0    
    Five Moore Drive
    Research Triangle Park,NC27709
    George B Abercrombie Director
    0.46     		3,000    
    5 Moore Drive
    Research Triangle Park,NC27709
    Ran Coble Director
    0.46     		4,000    
    5 Moore Drive
    Research Triangle Park,NC27709
    Lisa M Benna Director
    0.46     		0    
    5 Moore Drive
    Research Triangle Park,NC27709
    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  
    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
    GlaxoSmithKline Inc Management Services 629,680
    5 Moore Drive
    Research Triangle Pk,NC27709
    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
    66,927,624
    b
    Average of monthly cash balances.......................
    1b
    350,902
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    67,278,526
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    67,278,526
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,009,178
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    66,269,348
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,313,467
    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
    3,313,467
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    79,340
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    79,340
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,234,127
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,234,127
    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
    3,234,127
    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
    3,535,216
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    3,535,216
    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
    3,535,216
    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 3,234,127
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 778,365
    b From 2014...... 380,688
    c From 2015...... 1,105,777
    d From 2016...... 3,177,094
    e From 2017...... 750,810
    fTotal of lines 3a through e........ 6,192,734
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,535,216
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 3,234,127
    e Remaining amount distributed out of corpus 301,089
    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 6,493,823
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) ...     		778,365
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		5,715,458
    10 Analysis of line 9:
    a Excess from 2014.... 380,688
    b Excess from 2015.... 1,105,777
    c Excess from 2016.... 3,177,094
    d Excess from 2017.... 750,810
    e Excess from 2018.... 301,089
    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:
    NC GlaxoSmithKline Foundation
    Five Moore Drive PO Box 13398
    RTP,NC27709
    (919) 483-2823
    bThe form in which applications should be submitted and information and materials they should include:
    http://www.us-gsk.com/html/community/community-grants-foundation.htmlTax Exempt Documentation, Executive Summary, Narrative Section, Budget Section Instructional Information & Financial Data.
    cAny submission deadlines:
    January 1, April 1, July 1, October 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Foundation grants only to non-profit, charitable organizations & institutions exempt under section 501(c)(3).
    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
    Duke University
    213 West Duke Building
    PO Box,NC27708     		501 C(3) 501(C)(3) To launch an educational initiative to promote literacy, opportunity, and equity in one of Appalachian North Carolina's economically distressed areas. 150,085
    UNC Morehead Planetarium and Scienc
    250 E Franklin St CB 3480
    Chapel Hill,NC27599     		  PC To support the North Carolina Science Festival Capacity-Building program 187,500
    NC Public Health AssocChild Health
    3000 Industrial Drive Suite 140
    Raleigh,NC27609     		  PC To fund Child Health Awards. 20,000
    NC Center for Non-Profits
    5800 Faringdon Pl 3 floor
    Raleigh,NC27609     		  PC Funding is to continue to provide customized consultation services to Ribbon of Hope grantees. 45,000
    NC Museum of Natural Sciences
    11 West Jones Street
    Raleigh,NC27601     		  PC The NC Museum of Natural Science's new Nature Research Center (NRC) opened to the public in April 2012 marking the final phase of a grant awarded over three years to specifically support the Micro Investigations Center Research & Investigate Labs and Exhibit in the NRC. The NRC focuses on improving student performance in the fields of math and science, and increasing student preparedness for technology and science careers. 300,000
    NC Museum of Life and Science
    433 W Murray Ave
    Durham,NC27704     		None PC To provide 2 new learning environments at the museum. 233,281
    Western Carolina Unviersity
    1 University Way
    Cullowhee,NC28723     		  NC To support math teachers through the Smoky Mountain Math Teachers Circle (SMMTC) and the North Carolina Math Teachers Circle Network AND Women in Science program: To honor the GSK mentors for their years of service and dedication to this program. 42,250
    UNC Asheville
    1 University heights
    Asheville,NC28804     		  NC Women in Science program: To honor the GSK mentors for their years of service and dedication to this program. 365,419
    UNC Chapel Hill
    Campus Box 2200
    Chapel Hill,NC27599     		  NC Women in Science program: To honor the GSK mentors for their years of service and dedication to this program. 650,000
    Child Care Services
    851 Case Street
    Hendersonville,NC28792     		  PC To expand the Once Upon a Time reading program to add 16 trained volunteers to read in childcare centers. 25,000
    The Hill Center
    3200 Pickett Rd
    Durham,NC27705     		  PC $1,100,000 grant to expand The Hill Centers approach to diversity, inclusiveness and access, including increased financial aid for under-represented minorities, and for staff and board training ($350,000). 250,000
    Digi Learn
    514 Daniels Street PMB 345
    Raleigh,NC27605     		  PC grant to provide funding to support Digital Scholars in the Durham Public Schools (DPS) distric 48,000
    McRel
    4601 DTC Boulevard Suite 500
    Denver,CO80237     		  PC 984 funding to continue providing assistance in the implementation and evaluation of the Ribbon of Hope Program, from April 2017 to March 2018. 79,745
    Triangle Global Health Consortium
    65 TW Alexander Drive 12575
    Durham,NC27703     		  PC The Mentorship Program will work with graduate and undergraduate students from Duke University, North Carolina State University, North Carolina Central University, and the University of North Carolina at Chapel Hill. Mentors will be recruited as volunteers from the Consortiums 220 member organizations. 27,060
    Asheville Art Museum Assoc Inc
    175 Biltmore Ave
    Asheville,NC28801     		  PC To provide funding to support Connections, a new arts-based program serving community-dwelling adults with mild to moderate memory loss and their care partners living in Western North Carolina. 25,000
    Northern Moore Family Resource Cent
    116 Horner Street
    Robbins,NC27325     		  PC To provide funding to support increased capacity of the HOPE (Harnessing OpportunityPromoting Education) Academy Preschool, providing greater access to early-childhood education to children and families in its service area. 25,000
    Uniting NC
    201 W Main Street suite 100
    Durham,NC27701     		  PC To provide funding to support Code the Dream, a free, innovative three-stage program for talented low-income minority and immigrant young people (ages 15-25) to start a career in tech. 25,000
    Vollis Simpson Whirligig Park Museu
    209 Broad Street
    Wilson,NC27893     		  PC To provide funds to support the expansion of Kinetic Connections Programs Summer Institute, a STEAM-based professional development program for educators located in rural eastern NC. 25,000
    Boys Gilrs Club of the Sandhills
    160 Memorial Park Ct
    Southern Pines,NC28388     		  PC To support STEM programming as part of a four-year project to design, implement, and study outcomes of STEM programming on middle school Club members. 25,000
    Cape Fear River Watch
    617 Surry Street
    Wilmington,NC28401     		  PC To support the Shad in the Classroom program, a hands-on science learning opportunity for students in grades 5 through 12. 25,000
    Friends of the WNC Nature Center IN
    72 Gashes Creek Road
    Asheville,NC28805     		  PC To provide funding for expansion of Low-Cost & Free Outreach Education throughout Western North Carolina. 25,000
    Boys Girls Clubs of Durham Orange C
    808 E Pettigrew Street
    Durham,NC27701     		  PC To implement health-oriented programming for the members of the John Avery Boys & Girls Club in Durham and Chapel Hill. 25,000
    Roanoke River Partners INC
    3945 Shields Commissary Road
    Scotland Neck,NC27874     		  PC To fund the creation of the Roanoke River Underground Railroad Trail. Funds will be used to create a tour, develop an outreach program, and cultivate community partnership among five counties that border the Roanoke River. 25,000
    Total .................................bullet 3a 2,648,340
    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 2,744,344  
    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 ............     		        1,357,123
    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)..   2,744,344 1,357,123
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,101,467
    (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: 18007218
    Software Version: 2018v3.1


    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
    North Carolina GlaxoSmithKline
    Foundation Inc
    Employer identification number

    58-1698610
    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
    North Carolina GlaxoSmithKline
    Foundation Inc         		Employer identification number
    58-1698610
    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
    GlaxoSmithKline Corporation
     
    Five Moore Drive
     
    Research Triangle PK, NC27709

    		$ 84,305


    (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
    North Carolina GlaxoSmithKline
    Foundation Inc         		Employer identification number

    58-1698610
    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
    North Carolina GlaxoSmithKline
    Foundation Inc         		Employer identification number

    58-1698610
    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: 18007218
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      17,431 17,431 0 0

    TY 2018 InvestmentsOtherSchedule2
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Dodge & Cox Intl Stock FMV 2,388,982 2,388,982
    Europacific Growth FMV 4,234,036 4,234,036
    T. Rowe Price MID CAP Equity Growth INST FMV 5,756,455 5,756,455
    Cohen & Steers International Realty FMV 1,435,079 1,435,079
    T. Rowe Price Real Estate FMV 2,256,817 2,256,817
    Vanguard Small Cap Index FMV 6,038,208 6,038,208
    Matthews Pacific Tiger Fund FMV 3,787,107 3,787,107
    PIMCO Enhanced Short Maturity FI Strateg FMV 1,125,593 1,125,593
    Barclays I-Shares 1-3 Year FMV 1,068,948 1,068,948
    Cohen & Steers Preferred Income FMV 2,142,977 2,142,977
    Aberdeen Emerging Markets FMV    
    Lord Abbett Floating Rate Fund FMV 3,226,540 3,226,540
    Vanguard Whitehall FDS High Dividend Yld FMV 6,371,783 6,371,783
    Doubleline Core Fixed Income FMV 1,839,321 1,839,321
    Vanguard Admiral S&P 500 FMV 3,010,500 3,010,500
    Goldman Sachs IB Fund Instl FMV 3,395,078 3,395,078
    T. Rowe Price LC Growth FMV 2,759,137 2,759,137
    Schwab Hedged Equity FMV 3,187,113 3,187,113
    Vanguard Market Nuetral HD FMV 984,992 984,992
    American New World Fund F3 FMV 3,796,459 3,796,459

    TY 2018 OtherDecreasesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Rounding 1


    TY 2018 OtherExpensesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Awards 1,197     1,197
    Contractor's 32,499     32,499
    Exhibitor fee 50     50
    Facilities rental 50,110     50,110
    Information technology 30,468     30,468
    Procurement costs 2,117     2,117
    Rounding differences -1      
    Service Charge 403     403
    Speakers 15,202     15,202
    Supplies 5,427     5,427


    TY 2018 OtherLiabilitiesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred federal excise tax liabilities 356,347 195,138


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Business membership 5,591 0 0 5,591
    Investment fees 117,033 117,033 0 0
    Professional fees 71,664 0 0 71,664


    TY 2018 TaxesSchedule
    Name:
    North Carolina GlaxoSmithKline
     
    Foundation Inc
    EIN:
    58-1698610
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal excise tax 82,180