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 09-01-2018 , and ending 08-31-2019
Name of foundation
THE SEBASTIAN FOUNDATION
C/O MS LINDA JONES
Number and street (or P.O. box number if mail is not delivered to street address)3333 EVERGREEN DRIVE NE NO 110
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAND RAPIDS, MI495259493
A Employer identification number

38-2340219
B Telephone number (see instructions)

(616) 361-1996
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$7,979,144
J 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      
4 Dividends and interest from securities... 190,189 190,189  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 296,895
b Gross sales price for all assets on line 6a 1,579,174
7 Capital gain net income (from Part IV, line 2)... 296,895
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........ 487,084 487,084  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 87,000 43,500   43,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 6,655 3,328   3,327
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 3,800 1,900   1,900
c Other professional fees (attach schedule).... 52,177 26,089   26,088
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 30,606 15,303   15,303
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 36,296 18,148   18,148
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 4,121 2,060   2,061
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 220,655 110,328   110,327
25 Contributions, gifts, grants paid....... 999,400 999,400
26 Total expenses and disbursements. Add lines 24 and 25 1,220,055 110,328   1,109,727
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -732,971
b Net investment income (if negative, enter -0-) 376,756
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............. 397,111 304,773 304,932
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,951,879 Click to see attachment4,309,590 6,892,096
c Investments—corporate bonds (attach schedule)....... 100,376 Click to see attachment100,201 100,394
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 689,044 Click to see attachment689,044 681,722
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) 6,138,410 5,403,608 7,979,144
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) Click to see attachment2,446 Click to see attachment615
23 Total liabilities (add lines 17 through 22)......... 2,446 615
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........ 11,283,647 11,283,647
28 Paid-in or capital surplus, or land, bldg., and equipment fund 9,711 9,711
29 Retained earnings, accumulated income, endowment, or other funds -5,157,394 -5,890,365
30 Total net assets or fund balances (see instructions)..... 6,135,964 5,402,993
31 Total liabilities and net assets/fund balances (see instructions). 6,138,410 5,403,608
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
6,135,964
2
Enter amount from Part I, line 27a .....................
2
-732,971
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,402,993
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,402,993
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 US TREAS BILLS DTD 3/7/19 P 2019-01-25 2019-03-07
b APPLE COMPUTER INC - 375 SH P 2011-10-05 2019-08-20
c BOEING CO - 350 SH P 2016-08-18 2018-10-18
d CISCO SYS INC - 1,800 SH P 2016-08-18 2019-04-05
e WALT DISNEY CO - 600 SH P 2016-01-25 2019-08-20
ECOLAB INC - 275 SH P 2013-06-03 2019-04-05
GILEAD SCIENCES INC - 2,500 SH P 2018-03-06 2019-08-14
INTEL CORP - 2,450 P 2014-09-30 2019-01-24
MERCK & CO INC - 2,350 P 2015-07-28 2018-11-28
MERCK & CO INC - 2,500 P 2015-07-28 2018-12-18
PAYCHEX OMC - 1,200 SH P 2013-09-11 2019-04-05
STRYKER CORP - 250 SH P 2017-02-09 2019-04-05
VARIAN MEDICAL SYSTEM INC - 475 SH P 2012-08-02 2019-01-17
ALLERGAN PLC - 1,275 SH P 2016-05-26 2018-12-20
CAPITAL GAINS DIVIDENDS P    
(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 120,000   119,707 293
b 79,195   20,243 58,952
c 126,422   47,191 79,231
d 99,449   54,648 44,801
e 80,116   57,756 22,360
49,755   23,251 26,504
157,547   197,601 -40,054
122,133   85,504 36,629
181,371   135,122 46,249
186,098   143,747 42,351
96,575   48,439 48,136
48,757   30,808 17,949
59,707   22,598 37,109
171,753   295,664 -123,911
296     296
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       293
b       58,952
c       79,231
d       44,801
e       22,360
      26,504
      -40,054
      36,629
      46,249
      42,351
      48,136
      17,949
      37,109
      -123,911
      296
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 2 296,895
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 1,142,143 8,488,077 0.134559
2016 1,250,782 8,093,726 0.154537
2015 1,238,517 8,069,226 0.153486
2014 1,261,965 9,421,154 0.133950
2013 1,257,503 9,506,987 0.132271
2
Total of line 1, column (d) .....................
2
0.708803
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
0.141761
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,059,297
5
Multiply line 4 by line 3......................
5
1,142,494
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,768
7
Add lines 5 and 6........................
7
1,146,262
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,109,727
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 7,535
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 7,535
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 7,535
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 18,800
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,265
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,600 RefundedBullet 11 3,665
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    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 addressbulletN/A
    14
    The books are in care ofbulletLINDA L JONES Telephone no.bullet (616) 361-1996

    Located atbullet3333 EVERGREEN NE STE 110GRAND RAPIDSMI ZIP+4bullet495259756
    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
    DAVID S SEBASTIAN PRESIDENT/DIRECTOR
    0.00
    0 0 0
    3333 EVERGREEN DR NE STE 110
    GRAND RAPIDS,MI49525
    JOHN O SEBASTIAN SECRETARY/TREASURER/DIRECT
    10.00
    12,000 0 0
    3333 EVERGREEN DR NE STE 110
    GRAND RAPIDS,MI49525
    LINDA JONES DIRECTOR
    40.00
    75,000 0 0
    3333 EVERGREEN DR NE STE 110
    GRAND RAPIDS,MI49525
    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
    LINDA JONES DIRECTOR
    40.00
    0 0 0
    3333 EVERGREEN DR NE NO 110
    GRAND RAPIDS,MI49525
    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
    7,928,232
    b
    Average of monthly cash balances.......................
    1b
    253,795
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,182,027
    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
    8,182,027
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    122,730
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,059,297
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    402,965
    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
    402,965
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,535
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,535
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    395,430
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    395,430
    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
    395,430
    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
    1,109,727
    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
    1,109,727
    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
    1,109,727
    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 7 395,430
    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...... 788,796
    b From 2014...... 801,931
    c From 2015...... 850,588
    d From 2016...... 859,302
    e From 2017...... 736,345
    fTotal of lines 3a through e........ 4,036,962
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,109,727
    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..... 395,430
    e Remaining amount distributed out of corpus 714,297
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,751,259
    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) ...
    788,796
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    3,962,463
    10 Analysis of line 9:
    a Excess from 2014.... 801,931
    b Excess from 2015.... 850,588
    c Excess from 2016.... 859,302
    d Excess from 2017.... 736,345
    e Excess from 2018.... 714,297
    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:
    DAVID S SEBASTIAN SEBASTIAN FOUNDAT
    3333 EVERGREEN DR NE STE 110
    GRAND RAPIDS,MI49525
    (616) 361-1996
    bThe form in which applications should be submitted and information and materials they should include:
    PURPOSE, BUDGET, BALANCE SHEET, OFFICERS AND DIRECTORS, OTHER CONTRIBUTORS TO THE PROJECT, COPY OF IRS EXEMPTION LETTER SHOWING STATUS UNDER SEC. 501(C)(3) OF THE IRC.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE AND EDUCATIONAL PURPOSES, PRIMARILY TO RECIPIENTS WITHIN THE GREATER GRAND RAPIDS AREA. NO GRANTS TO INDIVIDUALS.
    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
    BAXTER COMMUNITY CENTER
    935 BAXTER ST SE
    GRAND RAPIDS,MI490562599
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    CAMP BLODGETT
    528 BRIDGE ST NW
    GRAND RAPIDS,MI49504
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    CAMP SUNSHINE
    430 EAST 8TH ST
    HOLLAND,MI49423
    NONE PUBLIC CHARITY GENERAL FUND 6,000
    CASA OF KENT COUNTY INC
    180 OTTAWA NW STE 3400
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    CHERRY STREET HEALTH SERVICES
    100 CHERRY ST SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    CHILDREN'S ASSESSMENT CENTER
    901 MICHIGAN ST NE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    CHILDREN'S HEALING CENTER
    1530 FULTON ST EAST
    GRAND RAPIDS,MI49543
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    COMPREHENSIVE THERAPY CENTER
    2505 ARDMORE ST SE
    GRAND RAPIDS,MI49506
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    D A BLODGETT FOR CHILDREN
    805 LEONARD ST NE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 40,000
    DEGAGE MINISTRIES
    144 S DIVISION AVE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    DISABILITY ADVOCATES OF KENT COUNTY
    3600 CAMELOT DR SE
    GRAND RAPIDS,MI49546
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    FAMILY PROMISE OF GRAND RAPIDS
    516 CHERRY ST SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    FIRST STEPS KENT
    118 COMMERCE AVE SE STE 300
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    FIRST UNITED METHODIST CHURCH
    227 EAST FULTON
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    GILDA'S CLUB GRAND RAPIDS LIVING WITH COMMUNITIES
    1806 BRIDGE ST NW
    GRAND RAPIDS,MI49504
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    GIRLS CHORAL ACADEMY
    2920 FULTON AVE NE
    GRAND RAPIDS,MI49505
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    GRAND RAPIDS ART MUSEUM
    101 MONROE CENTER
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 17,500
    GRAND RAPIDS CHILDREN'S MUSEUM
    22 SHELDON AVE NE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 30,000
    GRAND RAPIDS OPPORTUNITIES FOR WOMEN
    25 SHELDON AVE SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 7,500
    GRAND RAPIDS PUBLIC MUSEUM
    272 PEARL ST NW
    GRAND RAPIDS,MI495045371
    NONE PUBLIC CHARITY GENERAL FUND 50,000
    GRAND VALLEY STATE UNIVERSITY
    301 MICHIGAN ST NE
    GRAND RAPIDS,MI49501
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    GRANDVILLE AVENUE ARTS & HUMANITIES INC
    644 GRANDVILLE AVE SW
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    GUIDING LIGHT MISSION
    255 S DIVISION AVE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    HEALTHY HOMES COALITION
    1545 BUCHANAN AVE SW
    GRAND RAPIDS,MI49507
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    HEARTSIDE MINISTRY
    54 S DIVISION AVE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    HOME REPAIR SERVICES
    1100 S DIVISION AVE
    GRAND RAPIDS,MI49507
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    INNER CITY CHRISTIAN FEDERATION
    920 CHERRY ST SE
    GRAND RAPIDS,MI49506
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    LAND CONSERVANCY OF WEST MICHIGAN
    400 ANN ST NE
    GRAND RAPIDS,MI49504
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    LITERACY CENTER OF WEST MICHIGAN
    1120 MONROE AVE NW
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    MARY FREE BED REHABILITATION HOSPITAL FOUNDATION
    235 WEALTHY ST SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 12,500
    MEL TROTTER MINISTRIES
    225 COMMERCE AVE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    MIGRANT LEGAL AID
    1104 FULLER AVE NE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    MIND MEETS MUSIC INC
    1550 EAST BELTLINE AVE SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 35,000
    MYASTHENIA GRAVIS FOUNDATION OF MICHIGAN
    2660 HORIZON SE SUITE 235
    GRAND RAPIDS,MI485467933
    NONE PUBLIC CHARITY GENERAL FUND 1,000
    NEXT STEP OF WEST MICHIGAN
    9060 S DIVISION AVE
    GRAND RAPIDS,MI49507
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    NONPROFIT INNOVATIONS
    PO BOX 2741
    GRAND RAPIDS,MI49501
    NONE PUBLIC CHARITY GENERAL FUND 9,400
    NOORTHOEK ACADEMY
    PO BOX 6241
    GRAND RAPIDS,MI49516
    NONE PUBLIC CHARITY GENERAL FUND 6,000
    OPERA GRAND RAPIDS
    1320 EAST FULTON ST
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 7,000
    REFUGEE EDUCATION CENTER
    2130 ENTERPRISE ST SE
    KENTWOOD,MI49508
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    SAFE HAVEN MINISTRIES
    3501 LAKE EASTBROOK BLVD SUITE 335
    GRAND RAPIDS,MI49546
    NONE PUBLIC CHARITY GENERAL FUND 50,000
    SAN JUAN DIEGO ACADEMY
    1650 GODFREY AVE SW
    GRAND RAPIDS,MI49509
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    SENIOR NEIGHBORS
    820 MONROE NW SUITE 460
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    STEEPLETOWN NEIGHBORHOOD SERVICES
    671 DAVIS AVE NW
    GRAND RAPIDS,MI49504
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    TRINITY UNITED METHODIST CHURCH
    1100 LAKE DR SE
    GRAND RAPIDS,MI49506
    NONE PUBLIC CHARITY GENERAL FUND 7,500
    UNITED CHURCH OUTREACH MINISTRY
    1311 CHICAGO DR SW
    WYOMING,MI49509
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    WEST MICHIGAN CENTER FOR ARTS AND TECHNOLOGY
    98 EAST FULTON ST SUITE 202
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    WEST MICHIGAN FLIGHT ACADEMY
    PO BOX 7747
    GRAND RAPIDS,MI49510
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    WESTMINISTER PRESBYTERIAN CHURCH
    47 JEFFERSON AVE SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 5,000
    WOMEN'S REOURCE CENTER
    678 FRONT AVE NW
    GRAND RAPIDS,MI49504
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    YWCA WEST CENTRAL MICHIGAN
    25 SHELDON BLVD SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 20,000
    COMMUNITY FOOD CLUB OF GREATER GRAND RAPIDS
    1100 S DIVISION AVE
    GRAND RAPIDS,MI495071024
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    DWELLING PLACE
    101 SHELDON BLVD SE
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    HABITAT FOR HUMANITY OF KENT COUNTY
    425 PLEASANT ST SW
    GRAND RAPIDS,MI49503
    NONE PUBLIC CHARITY GENERAL FUND 15,000
    LEARNING DIFFERENCES RESOURCE GROUP
    2428 BURTON ST SE
    GRAND RAPIDS,MI49546
    NONE PUBLIC CHARITY GENERAL FUND 10,000
    SLD READ
    2650 HORIZON DR SE STE 230
    GRAND RAPIDS,MI49546
    NONE PUBLIC CHARITY GENERAL FUND 25,000
    Total .................................bullet 3a 999,400
    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 ...........
             
    4 Dividends and interest from securities....     14 190,189  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 296,895  
    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).. 0 487,084 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    487,084
    (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 AccountingFeesSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,800 1,900   1,900

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SYSCO 2.6% CORP BD - 1,000 SH 100,201 100,394

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE INC - 1,675 SH 90,418 349,639
    ECOLAB INC - 1,875 SH 158,240 386,831
    INTEL CORP - 11,300 SH 370,613 535,733
    PAYCHEX INC - 4,800 SH 193,696 392,160
    RAYTHEON CO - 2,500 SH 230,926 463,300
    VARIAN MEDICAL SYS, INS - 2,550 SH 104,615 270,122
    ABBVIE INC - 3,300 SH 183,679 216,942
    JP MORGAN CHASE & CO - 4,900 SH 311,900 538,314
    MERCK & CO INC NEW - 3,150 SH 175,354 272,380
    BB&T - 8,000 SH 288,956 381,200
    BOEING CO - 875 SH 117,976 318,579
    CISCO SYS INC - 6,500 SH 197,339 304,265
    CONOCOPHILLIPS - 5,300 SH 186,497 276,554
    WALT DISNEY CO - 2,700 SH 259,902 370,602
    STRYKER CORP - 1,800 SH 221,816 397,188
    VULCAN MATERIALS CO - 1,750 SH 217,608 247,188
    GILEAD SCIENCES INC - 2,300 SH 262,499 270,756
    THERMO FISHER SCIENTIFIC INC - 1,065 SH 217,276 305,719
    ALCON INC - 2,700 SH 159,842 164,592
    JOHNSON & JOHNSON - 1,450 SH 188,677 186,122
    LOCKHEED MARTIN - 635 SH 171,761 243,910

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES BARCLAYS UST INFL PSF - 2,200 SH AT COST 251,438 258,830
    US BANCORP PFD SH 5.125% - 1,750 SH AT COST 184,625 178,719
    GENERAL ELECTRIC CO PFD 5% - 1,000 SH AT COST 104,250 90,750
    WATSON NT 3025% 10/1/2022 - 1,500 SH AT COST 148,731 153,423

    TY 2018 OtherExpensesSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISC. 4,121 2,060   2,061


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAX WITHHELD 2,446 615


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 52,177 26,089   26,088


    TY 2018 TaxesSchedule
    Name:
    THE SEBASTIAN FOUNDATION
     
    C/O MS LINDA JONES
    EIN:
    38-2340219
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX PAID (2018) 18,800 9,400   9,400
    FEDERAL EXCISE TAX PAID 2017 11,806 5,903   5,903