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
SWARTZ FOUNDATION TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O BGAPTS 501 MADISON AVE NO 17FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10022
A Employer identification number

22-6554026
B Telephone number (see instructions)

(212) 319-2700
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$62,480,768J 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 901 901  
4 Dividends and interest from securities... 680,672 680,672  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,764,498
b Gross sales price for all assets on line 6a 5,058,650
7 Capital gain net income (from Part IV, line 2)... 4,764,498
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 769 769  
12 Total. Add lines 1 through 11........ 5,446,840 5,446,840  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 2,388 2,388   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 42,160 4,797   37,363
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 81,982 81,982   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 242,095 242,093   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 368,625 331,260   37,363
25 Contributions, gifts, grants paid....... 3,791,079 3,791,079
26 Total expenses and disbursements. Add lines 24 and 25 4,159,704 331,260   3,828,442
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,287,136
b Net investment income (if negative, enter -0-) 5,115,580
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 Savings and temporary cash investments......... 4,071,912 2,469,080 2,469,080
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)....... 166,498 Click to see attachment1,116,855 1,116,855
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).......... 61,491,529 Click to see attachment58,894,833 58,894,833
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 65,729,939 62,480,768 62,480,768
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 65,729,939 62,480,768
30 Total net assets or fund balances (see instructions)..... 65,729,939 62,480,768
31 Total liabilities and net assets/fund balances (see instructions). 65,729,939 62,480,768
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
65,729,939
2
Enter amount from Part I, line 27a .....................
2
1,287,136
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
67,017,075
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,536,307
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
62,480,768
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 STATE STREET P 2017-09-29 2018-07-26
b STATE STREET P 2015-09-01 2018-10-18
c YUME INC. P 2006-07-07 2018-01-25
d THRU PARTNERSHIPS P 2018-01-01 2018-12-31
e THRU PARTNERSHIPS P 2017-01-01 2018-12-31
GAIN ON DISPOSITION OF UNREST P 2015-01-01 2018-12-31
GAIN ON DISPOSITION OF WEB JUNKIE P 2012-01-01 2018-12-31
GAIN ON DISPOSITION OF SCS OPP FUNDS P 2013-04-02 2018-12-31
GAIN ON DISPOSITION OF WONT YOU BE MY NEIGHBOR P 2017-04-03 2018-12-31
(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 41   50 -9
b 66   77 -11
c 41,613   2,692 38,921
d     291,333 -291,333
e 3,515,439     3,515,439
6,110     6,110
2,857     2,857
1,489,221     1,489,221
3,303     3,303
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       -9
b       -11
c       38,921
d       -291,333
e       3,515,439
      6,110
      2,857
      1,489,221
      3,303
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 4,764,498
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 4,293,083 58,866,973 0.072929
2016 9,401,077 59,635,433 0.157642
2015 8,584,326 66,929,304 0.128260
2014 2,756,328 67,432,584 0.040875
2013 5,611,431 54,653,646 0.102673
2
Total of line 1, column (d) .....................
2
0.502379
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
0.100476
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
62,797,121
5
Multiply line 4 by line 3......................
5
6,309,604
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
51,156
7
Add lines 5 and 6........................
7
6,360,760
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,828,442
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 1 102,312
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........................... 3 102,312
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- ..... 5 102,312
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 120,200
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 130,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 81
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 27,807
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet27,807 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 .Click to see attachment
    8b
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletMAIN STREET CPA CO BRANDYWINE Telephone no.bullet (302) 234-5750

    Located atbullet7234 LANCASTER PIKE SUITE 300AHOCKESSINDE ZIP+4bullet19707
    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
    SEE ATTACHED PRESIDENT
    0.00     		0 0 0
    C/O BRANDYWINE 7234 LANCASTER PIKE
    SUITE 300A
    HOCKESSIN,DE19707
    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
    61,129,862
    b
    Average of monthly cash balances.......................
    1b
    2,623,560
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    63,753,422
    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
    63,753,422
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    956,301
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    62,797,121
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,139,856
    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
    3,139,856
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    102,312
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    4,578
    c
    Add lines 2a and 2b............................
    2c
    106,890
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,032,966
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,032,966
    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
    3,032,966
    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
    3,828,442
    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
    3,828,442
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,828,442
    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 3,032,966
    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...... 2,999,743
    b From 2014......  
    c From 2015...... 5,269,879
    d From 2016...... 6,445,419
    e From 2017...... 1,534,833
    fTotal of lines 3a through e........ 16,249,874
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,828,442
    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..... 3,032,966
    e Remaining amount distributed out of corpus 795,476
    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 17,045,350
    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) ...     		2,999,743
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		14,045,607
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 5,269,879
    c Excess from 2016.... 6,445,419
    d Excess from 2017.... 1,534,833
    e Excess from 2018.... 795,476
    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).)
    SEE ATTACHED
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BETHEL AME CHURCH
    40 WALK HILL STREET
    JAMAICA PLAIN,MA02130     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    CAMPUS CRUSADE FOR CHRIST
    PO BOX 62822
    ORLANDO,FL32862     		N/A 501(C)3 CHARITABLE CONTRIBUTION 4,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBES AVENUE GSIA 213
    PITTSBURGH,PA15213     		N/A 501(C)3 CHARITABLE CONTRIBUTION 100,000
    CHICAGO MEDIA PROJECT
    301 WEST GRAND AVENUE 170
    CHICAGO,IL60654     		N/A 501(C)3 CHARITABLE CONTRIBUTION 52,545
    CHRISTIAN CENTER OF PARK CITY
    1283 DEER VALLEY DRIVE
    PARK CITY,UT84068     		N/A 501(C)3 CHARITABLE CONTRIBUTION 747,260
    CORPORATION OF THE FINE ARTS MUSEUMS
    50 HAGIWARA TEA GARDEN DRIVE
    SAN FRANCISCO,CA94118     		N/A 501(C)3 CHARTIABLE CONTRIBUTION 35,000
    EDINBORO UNIVERSITY
    219 MEADVILLE STREET
    EDINBORO,PA16444     		N/A 501(C)3 CHARTIABLE CONTRIBUTION 5,000
    EGYPTIAN THEATER
    328 MAIN STREET
    PARK CITY,UT84068     		N/A 501(C)3 CHARTIABLE CONTRIBUTION 5,000
    ENVIRONMENTAL PROGRESS
    2569 TELEGRAPH AVENUE
    BERKELEY,CA94707     		N/A 501(C)3 CHARITABLE FOUNDATION 25,000
    FEATHERSTONE CENTER FOR THE ARTS
    PO BOX 1145
    OAK BLUFFS,MA02557     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    FINE ARTS MUSEUM OF SAN FRANCISCO
    50 HAGIWARA TEA GARDEN DRIVE
    SAN FRANCISCO,CA94118     		N/A 501(C)3 CHARITABLE FOUNDATION 2,500
    GIVING IN MOTION
    2562 FOX CIRCLE
    WALNUT CREEK,CA94596     		N/A 501(C)3 CHARITABLE FOUNDATION 12,500
    GRACE WILSEY FOUNDATION
    PO BOX 114
    MENLO PARK,CA94026     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    HARVARD DIVINITY SCHOOL
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    HARVARD UNIVERSITY
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		N/A 501(C)3 CHARITABLE CONTRIBUTION 785,211
    HINKSON CHRISTIAN ACADEMY
    PO BOX 2827
    GREENVILLE,NC27836     		N/A 501(C)3 CHARITABLE CONTRIBUTION 2,000
    IGREJA EVANGELICA ASSEMBLEIA DE DEUS SEMEAR INC
    PO BOX 1251
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 96961
    WASHINGTON,DC20090     		N/A 501(C)3 CHARITABLE CONTRIBUTION 100,000
    ISLAND HOUSING TRUST
    PO BOX 779
    WEST TISBURY,MA25750     		N/A 501(C)3 CHARITABLE FOUNDATION 10,000
    KIMBALL ART CENTER
    638 PARK AVENUE
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    KPCW
    PO BOX 1372
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    MARION INSTITUTE
    202 SPRING STREET
    MARION,MA02738     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    MARTHAS VINEYARD FILM FESTIVAL
    PO BOX 592
    CHILMARK,MA02535     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    MARTHAS VINEYARD HOSPITAL
    PO BOX 1477
    OAK BLUFFS,MA02557     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    MARTHAS VINEYARD PRESERVATION TRUST
    PO BOX 5277
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 30,000
    MERITUS COLLEGE FUND
    PO BOX 29024
    SAN FRANCISCO,CA94129     		N/A 501(C)3 CHARITABLE CONTRIBUTION 16,000
    MV COMMUNITY SERVICES
    11 EDGARTOWN ROAD
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    MV YOUTH
    PO BOX 65
    CHILMARK,MA02535     		N/A 501(C)3 CHARITABLE CONTRIBUTION 45,230
    NATIONAL MUSEUM OF WOMEN IN THE ARTS
    1250 NEW YORK AVENUE NW
    WASHINGTON,DC20005     		N/A 501(C)3 CHARITABLE CONTRIBUTION 52,500
    PAN MASS CHALLENGE
    77 4TH AVENUE
    NEEDHAM,MA02494     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,500
    PARK CITY PERFORMING ARTS FOUNDATION
    PO BOX 1297
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 35,000
    PARTNERS FOR JUSTICE INC
    360 CABRINI BLVD NO 8K
    NEW YORK,NY10040     		N/A 501(C)3 CHARITABLE CONTRIBUTION 33,333
    RHYTHM OF LIFE
    PO BOX 3172
    WEST TISBURY,MA25750     		N/A 501(C)3 CHARITABLE CONTRIBUTION 2,000
    RIGHT TO PLAY
    49 WEST 27TH ST SUITE 930
    NEW YORK,NY10001     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    SAIL MV
    110 MAIN STREET PO BOX 1998
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    SALT LAKE CHRISTIAN FELLOWSHIP
    615 EAST SEGO LILY DRIVE
    SANDY,UT84070     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    SAN FRANCISCO BALLET
    455 FRANKLIN STREET
    SAN FRANCISCO,CA94102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    SAN FRANCISCO OPERA
    201 VAN NESS AVENUE
    SAN FRANCISCO,CA94102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    SAN FRANCISCO SYMPHONY
    201 VAN NESS AVENUE
    SAN FRANCISCO,CA94102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    SF MUSEUM OF MODERN ART
    151 THIRD STREET
    SAN FRANCISCO,CA94103     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,085,000
    SHERIFF'S MEADOW FOUNDATION
    RRI BOX 319 X
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 2,500
    SHINING HOPE FOR COMMUNITIES
    175 VARICK STREET 5TH FLR
    NEW YORK,NY10014     		N/A 501(C)3 CHARITABLE CONTRIBUTION 12,000
    SPIRIT OF LIBERTY FOUNDATION
    BOX 2000
    RANCHO SANTA FE,CA92067     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    SPRINGVILLE MUSEUM OF ART
    126 EAST 400 SOUTH
    SPRINGVILLE,UT84663     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    SUNDANCE INSTITUTE
    PO BOX 684429
    PARK CITY,UT84068     		N/A 501(C)3 CHARITABLE CONTRIBUTION 52,000
    THE BREAKTHROUGH INSTITUTE
    PO BOX 121
    LINCOLN,VA20160     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    THE FARM INSTITUTE
    PO BOX 1868
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    THE ISLAND AUTISM GROUP INC
    PO BOX 2786
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    THE NATURE CONSERVANCY OF UTAH
    559 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		N/A 501(C)3 CHARITABLE CONTRIBUTION 25,000
    THE RIVENDELL INSTITUTE
    16 LYNWOOD PLACE
    NEW HAVEN,CT06511     		N/A 501(C)3 CHARITABLE CONTRIBUTION 2,000
    THE TRINITY FORUM
    2011 PENNSYLVANIA AVE NW SUITE 250
    WASHINGTON,DC20006     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    THE VINEYARD PLAYHOUSE
    PO BOX 2452
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    TIPPING POINT COMMUNITY
    703 MARKET STREET
    SAN FRANCISCO,CA94103     		N/A 501(C)3 CHARITABLE CONTRIBUTION 50,000
    UC DAVIS FOUNDATION
    1460 DREW AVENUE STE 100
    DAVIS,CA95618     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    UCSF FOUNDATION
    220 MONTGOMERY STREET 5TH FLR
    SAN FRANCISCO,CA94143     		N/A 501(C)3 CHARITABLE CONTRIBUTION 5,000
    UNITED STATES OLYMPIC AND PARALYMPIC FOUNDATION
    1 OLYMPIC PLAZA
    COLORADO SPRINGS,CO80909     		N/A 501(C)3 CHARITABLE CONTRIBUTION 30,000
    US SKI & SNOWBOARD ASSOCIATION
    PO BOX 100
    PARK CITY,UT84060     		N/A 501(C)3 CHARITABLE CONTRIBUTION 58,000
    UTAH FILM CENTER
    122 SOUTH MAIN STREET
    SALT LAKE CITY,UT84101     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    UTAH MUSEUM OF FINE ARTS
    410 CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112     		N/A 501(C)3 CHARITABLE CONTRIBUTION 1,000
    UTAH SYMPHONY & OPERA
    123 WEST SOUTH TEMPLE
    SALT LAKE CITY,UT84101     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    VGC FOUNDATION INC
    PO BOX 96961
    EDGARTOWN,MA02539     		N/A 501(C)3 CHARITABLE CONTRIBUTION 500
    VINEYARD HOUSE INC
    PO BOX 4599
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 10,000
    YMCA OF MARTHA'S VINEYARD INC
    PO BOX 881
    VINEYARD HAVEN,MA02568     		N/A 501(C)3 CHARITABLE CONTRIBUTION 120,000
    Total .................................bullet 3a 3,791,079
    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 ...........     		    14 901  
    4 Dividends and interest from securities....     14 680,672  
    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.....     14 769  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 4,764,498  
    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).. 0 5,446,840 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,446,840
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Statement:
    WE ARE AN EXEMPT CHARITY NOT REQUIRED TO REGISTER.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CLOUDERA 465,538 465,538
    DROPBOX 282,833 282,833
    FORESCOUT TECHOLOGIES 227,542 227,542
    IVANPLATS LIMITED 51,958 51,958
    SPOTIFY 88,984 88,984

    TY 2018 InvestmentsOtherSchedule2
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCEL 98 AT COST 289,338 289,338
    ACCEL 98(B) AT COST 65,941 65,941
    ACCEL MER. INV. II AT COST 81,150 81,150
    ACCEL INV. 2000 AT COST 49,637 49,637
    ACCEL 2003 AT COST 18,060 18,060
    ACCEL EUROPE 2003 AT COST 28,925 28,925
    ACCEL 2004 AT COST 7,368 7,368
    ACCEL EUROPE 2004 AT COST 126,399 126,399
    PACIFIC STARBUCK AT COST 11,347 11,347
    ACCEL EUROPE 2005 AT COST 157,857 157,857
    ACCEL 2005 AT COST 143,406 143,406
    ACCEL 2006 AT COST 19,475 19,475
    ACCEL LONDON 2006 AT COST 33,821 33,821
    ACCEL MERITECH III AT COST 61,658 61,658
    IDG-ACCEL CHINA AT COST 262,570 262,570
    PACIFIC COMMUNITY VENTURES III AT COST 43,872 43,872
    ACCEL 2007 AT COST 104,886 104,886
    ACCEL LONDON 2007 AT COST 67,114 67,114
    ACCEL-KKR II AT COST 5,383 5,383
    IDG-ACCEL CHINA II AT COST 384,686 384,686
    ACCEL INVESTORS 2008 AT COST 315,737 315,737
    ACCEL LONDON INVESTORS 2008 AT COST 50,951 50,951
    ACCEL INVESTORS 2009 AT COST 73,157 73,157
    ACCEL INVESTORS 2010 AT COST 315,283 315,283
    SEMBENE! AT COST 1,729 1,729
    IDG-ACCEL CHINA III INVESTORS AT COST 837,169 837,169
    MCP IV (A) INVESTORS LLC AT COST 189,247 189,247
    ACCEL GROWTH FUND INVESTORS 2012 AT COST 532,266 532,266
    ACCEL INV. 2012 AT COST 380,282 380,282
    ACCEL-KKR IV INVESTORS AT COST 740,802 740,802
    ACCEL 2013 AT COST 288,392 288,392
    ACCEL GROWTH FUND INVESTORS 2013 AT COST 771,059 771,059
    SCS INTERNATIONAL EQUITY FUND AT COST 4,463,790 4,463,790
    SCS US EQUITY FUND AT COST 7,942,822 7,942,822
    NEW GENERATION TURNAROUND FD (DELAWARE) AT COST 1,370,926 1,370,926
    THE CRASH REEL AT COST 148 148
    THE C WORD FKA A MATTER OF LIFE AT COST 11,559 11,559
    AGAINST THE CLOCK AT COST 11,875 11,875
    PRIDE AT COST 13,637 13,637
    ACCEL GROWTH FUND INVESTORS 2014 AT COST 1,643,586 1,643,586
    ACCEL INVESTORS 2014 AT COST 698,301 698,301
    SCS PARTNERS AT COST 31,591,140 31,591,140
    FREEDOM FIGHTERS AT COST 170 170
    ACCEL INDIA IV INVESTORS LLC AT COST 481,721 481,721
    SOUNDS OF SACHAL AT COST 4,164 4,164
    DEATH BY DESIGN AT COST 5,000 5,000
    BEND THE ARC AT COST 46,454 46,454
    NIGHT SCHOOL AT COST 1,155 1,155
    NOTES ON BLINDNESS AT COST 9,690 9,690
    ICARUS AT COST 59,764 59,764
    ACCEL INVESTORS 2016 LLC AT COST 328,181 328,181
    ACCEL LONDON INVESTORS 2016 LLC AT COST 1,139,047 1,139,047
    APOLLO AT COST 18,421 18,421
    THE EVIL WE KNOW AT COST 12,000 12,000
    NO MANS LAND FKA ME THE PEOPLE AT COST 13,631 13,631
    DINA AT COST 4,270 4,270
    ACCEL GROWTH FUND INVESTORS 2016 LLC AT COST 1,383,999 1,383,999
    ACCEL INDIA V INVESTORS LLC AT COST 415,279 415,279
    ACCEL LEADERS FUND INVESTORS 2016 AT COST 398,432 398,432
    BISBEE'17 AT COST 13,636 13,636
    THE FEELING OF BEING WATCHED AT COST 6,667 6,667
    UNTITLED INDUSTRIAL MUSICALS PROJECT AT COST 14,286 14,286
    FATHERS AND SONS AT COST 3,571 3,571
    UNTITLED MICHAEL BRODY PROJECT AT COST 13,462 13,462
    FLY FILM AT COST 20,917 20,917
    ICARUS 2 AT COST 128,250 128,250
    OUR NEW PRESIDENT AT COST 63,576 63,576
    SHOOTING THE MAFIA AT COST 18,421 18,421
    THE BLUE WALL AT COST 17,924 17,924
    THE FOURTH ESTATE AT COST 50,008 50,008
    THE TELEVISION EVENT AT COST 6,462 6,462
    UNTITLED HOLLYWOOD PROJECT AT COST 9,524 9,524

    TY 2018 LegalFeesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,388 2,388   0


    TY 2018 OtherDecreasesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Amount
    ADJUSTMENT TO INVESTMENT COSTS-UNREALIZED 4,536,307


    TY 2018 OtherExpensesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THRU PARTNERSHIPS 124,784 124,784   0
    NON DEDUCTIBLE EXPENSES THRU PARTNERSHIPS 2 0   0
    INVESTMENT MANAGEMENT FEES 117,309 117,309   0


    TY 2018 OtherIncomeSchedule2
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORD INCOME (LOSS) THRU PARTNERSHIPS 769 769 769


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 35,000 0   35,000
    PLEASANTVILLE TAX SERVICES 7,160 4,797   2,363


    TY 2018 TaxesSchedule
    Name:
    SWARTZ FOUNDATION TRUST
    EIN:
    22-6554026
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES THRU PARTNERSHIPS 74,728 74,728   0
    FOREIGN TAXES THRU STATE STREET 7,254 7,254   0