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
THE ARMSTRONG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 470338
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX76147
A Employer identification number

75-6003209
B Telephone number (see instructions)

(817) 737-7117
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$23,407,289J 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 67,546 67,546  
4 Dividends and interest from securities... 375,537 369,829  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 2,324,981
b Gross sales price for all assets on line 6a 19,088,381
7 Capital gain net income (from Part IV, line 2)... 31,948
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 411,537 411,537  
12 Total. Add lines 1 through 11........ 3,179,601 880,860  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 176,536 88,799   87,737
14 Other employee salaries and wages...... 10,010 5,005   5,005
15 Pension plans, employee benefits....... 41,899 14,011   20,888
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,875 6,875    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,219 8,219    
19 Depreciation (attach schedule) and depletion... Click to see attachment 188 188  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 241,228 229,646   11,582
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 484,955 352,743   125,212
25 Contributions, gifts, grants paid....... 1,084,050 1,084,050
26 Total expenses and disbursements. Add lines 24 and 25 1,569,005 352,743   1,209,262
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,610,596
b Net investment income (if negative, enter -0-) 528,117
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......... 1,250,334 1,141,605 1,141,605
3 Accounts receivable bullet27,670
Less: allowance for doubtful accounts bullet   68,965 27,670 27,670
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.......... 16,000 31,770 31,770
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 209,173 Click to see attachment1,336,416 1,329,498
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 20,086,522 Click to see attachment21,101,989 20,167,911
14 Land, buildings, and equipment: basis bullet75,232
Less: accumulated depreciation (attach schedule) bullet67,917 7,504 Click to see attachment7,315  
15 Other assets (describe bullet) Click to see attachment334,232 Click to see attachment334,232 Click to see attachment708,835
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,972,730 23,980,997 23,407,289
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
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 21,972,730 23,980,997
30 Total net assets or fund balances (see instructions)..... 21,972,730 23,980,997
31 Total liabilities and net assets/fund balances (see instructions). 21,972,730 23,980,997
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
21,972,730
2
Enter amount from Part I, line 27a .....................
2
1,610,596
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
417,864
4
Add lines 1, 2, and 3 ..........................
4
24,001,190
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
20,193
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
23,980,997
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 31,948
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 1,072,699 23,836,831 0.045002
2016 1,182,413 22,162,807 0.053351
2015 1,222,211 23,145,193 0.052806
2014 1,291,082 25,320,315 0.050990
2013 1,094,213 24,471,422 0.044714
2
Total of line 1, column (d) .....................
2
0.246863
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
0.049373
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
25,033,471
5
Multiply line 4 by line 3......................
5
1,235,978
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,281
7
Add lines 5 and 6........................
7
1,241,259
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,209,262
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 10,562
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 10,562
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,562
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 14,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,438
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,438 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.ARMSTRONGFDN.ORG
    14
    The books are in care ofbulletLAURA HARRISON Telephone no.bullet (817) 737-7191

    Located atbulletP O BOX 470338FORT WORTHTX ZIP+4bullet761470338
    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
     
     
    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
    T K ARMSTRONG JR PRESIDENT
    20.00     		50,019 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    J HATCHER JAMES III VICE PRESIDE
    5.00     		8,241 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    LAURA J HARRISON SECRETARY
    40.00     		87,427 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    ALLEN L ARMSTRONG TREASURER
    5.00     		8,241 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    ALEX D ARMSTRONG TRUSTEE
    5.00     		3,333 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    CHRISTIAN G SIEGENTHALER TRUSTEE
    5.00     		3,333 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    JOHN LEE HARRISON KEY EMPLOYEE
    5.00     		15,942 0 0
    P O BOX 470338
    FORT WORTH,TX76147
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    23,865,562
    b
    Average of monthly cash balances.......................
    1b
    803,970
    c
    Fair market value of all other assets (see instructions)................
    1c
    745,159
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,414,691
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    25,414,691
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    381,220
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,033,471
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,251,674
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,251,674
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,562
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,562
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,241,112
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,241,112
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,241,112
    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
    1,209,262
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,209,262
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,209,262
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,241,112
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 21,073
    d From 2016...... 85,751
    e From 2017......  
    fTotal of lines 3a through e........ 106,824
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,209,262
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 1,209,262
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018. 31,850 31,850
    (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 74,974
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		74,974
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 74,974
    d Excess from 2017....  
    e Excess from 2018....  
    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).)
    NONE
    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.
    NONE
    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:
    T K ARMSTRONG JR
    P O BOX 470338
    FORT WORTH,TX76147
    (817) 737-7117
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION CAN BE MADE AT WEBSITE WWW.ARMSTRONGFDN.ORG. PROPOSALS MUST BE ACCOMPANIED BY AN IRS LETTER SHOWING THEIR TAX-EXEMPT STATUS.
    cAny submission deadlines:
    PROPOSALS MAY BE SUBMITTED ANY TIME DURING THE YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO 501(C)(3) TAX-EXEMPT INSTITUTIONS AND ORGANIZATIONS ADVOCATING THE PERPETUATION OF CONSTITUTIONAL GOVERNMENT AND ITS FREEDOMS. OUR TRUSTEES ARE PARTICULARLY SUPPORTIVE OF THOSE INSTITUTIONS AND ORGANIZATIONS DIRECTING THEIR ACTIVITIES IN THE EDUCATIONAL PROCESSES OF THE FREE ENTERPRISE SYSTEM, THE BENEFITS OF LIMITED GOVERNMENT AND THE BASIC PRINCIPLES OF AMERICAN IDEALS ESPOUSED BY THE FOUNDING FATHERS OF THIS GREAT NATION. WE DO NOT SUPPORT BRICKS AND MORTAR PROJECTS. ADDITIONALLY, NO GRANTS ARE MADE TO INDIVIDUALS UNLESS PRIOR APPROVAL BY THE IRS.
    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
    ACTON INSTITUTE
    98 E FULTON ST
    GRAND RAPIDS,MI495033280     		    EDUCATIONAL PROGRAMS 5,000
    AGRICULTURAL DEVELOPMENTAL FUND
    PO BOX 150
    FORT WORTH,TX76101     		    EDUCATIONAL PROGRAMS 500
    ALICE LLOYD COLLEGE
    CANEY CREEK COMMUNITY CENTER
    100 PURPOSE ROAD
    PIPPA PASSES,KY41844     		    EDUCATIONAL PROGRAMS 5,000
    ALLIANCE FOR CHILDREN
    908 SOUTHLAND AVE
    FORT WORTH,TX76104     		    CIVIC & COMMUNITY 500
    AMERICAN IDEAS INSTITUTE
    910 17TH ST NW STE 312
    WASHINGTON,DC200062626     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    AMERICAN LEGISLATIVE EXCHANGE COUN
    2900 CRYSTAL DR STE 600
    ARLINGTON,VA222023594     		    EDUCATIONAL PROGRAMS 10,000
    AMERICAN ENTERPRISE INSTITUTE FOR P
    1789 MASSACHUSETTS AVE
    WASHINGTON,DC20036     		    PUBLIC POLICY IN RESEARCH AND EDUCAT 30,000
    AMERICAN PRIVATE RADIO
    1739 UNIVERSITY AVE 341
    OXFORD,MS386554109     		    EDUCATIONAL PROGRAMS 20,000
    AMERICANS FOR PROSPERITY FOUNDATION
    1310 N COURTHOUSE RD SU
    ARLINGTON,VA22201     		    PUBLIC POLICY RESEARCH AND EDUCATION 20,000
    AMERICAN SPECTATOR FOUNDATION INC
    933 N KENMORE ST STE4
    ARLINGTON,VA22201     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    AMERICA'S FUTURE FOUNDATION
    1513 16TH ST NW
    WASHINGTON,DC20036     		    EDUCATIONAL PROGRAMS 10,000
    ASHBROOK CENTER
    401 COLLEGE AVE
    ASHLAND,OH448053702     		    EDUCATIONAL PROGRAMS 35,000
    ATLAS ECONOMIC RESEARCH FOUNDATION
    1201 L STREET NW
    WASHINGTON,DC200054024     		    EDUCATIONAL PROGRAMS 10,000
    BILL OF RIGHTS INSTITUTE
    1310 N COURTHOUSE RD S
    ARLINGTON,VA22201     		    TEACHER TRAINING IN BILL OF RIGHTS 35,000
    BOTANICAL RESEARCH INSTITUTE OF TEX
    1700 UNIVERSITY DR
    FORT WORTH,TX761073400     		    ADUCATIONAL PROGRAMS 10,000
    CAPITAL RESEARCH CENTER
    1516 16TH ST NW
    WASHINGTON,DC200360000     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    CATO INSTITUTE
    1000 MASSACHUSETTS AVE NW
    WASHINGTON,DC200015403     		    EDUCATIONAL PROGRAMS 15,000
    CENTER FOR TRANSFORMING LIVES
    512 W 4TH ST
    FORT WORTH,TX761023613     		    EDUCATIONAL PROGRAMS 5,000
    CURE-CENTER FOR URBAN RENEWAL AND E
    1317 F STREET NW 900
    WASHINGTON,DC20004     		    EDUCATIONAL PROGRAMS 5,000
    CERTELL INC
    8520 ALLISON POINTE BLVD
    INDIANAPOLIS,IN462801969     		    EDUCAONAL PROGRAMS 15,000
    COMPETITIVE ENTERPRISE INSTITUTE
    1310 L STREET NW 7TH FL
    WASHINGTON,DC20005     		    PUBLIC POLICY RESEARCH AND EDUCATION 20,000
    CONSTITUTING AMERICA INC
    PO BOX 1988
    COLLEYVILLE,TX760341988     		    PUBLIC POLICY RESEARCH AND EDUCATION 15,000
    DONORS TRUST
    1800 DIAGONAL ROAD 280
    ALEXANDRIA,VA22314     		    EDUCATIONAL AND RESEARCH PROGRAMS 5,000
    DON'T FORGET TO FEED ME PET FOOD BA
    PO BOX 471277
    FORT WORTH,TX76147     		    CIVIC AND COMMUNITY 250
    EVENT FACILITIES FORT WORTH INC
    120 WEST 3RD ST 210
    FORT WORTH,TX76102     		    CIVIC AND COMMUNITY 7,500
    EXPONENT PHILANTHROPY
    1720 N ST NW
    WASHINGTON,DC200362907     		    EDUCATION 1,800
    FEDERALIST SOCIETY
    1776 I STREET NW
    WASHINGTON,DC20006     		    LEGAL DEFENSE OF CONSTITUTION 10,000
    FORT WORTH ACADEMY FOR THE EDUCATIO
    7301 DUTCH BRANCH RD
    FORT WORTH,TX761324108     		    EDUCATIONAL PROGRAMS 5,000
    FOR NATCHEZ
    101 N COMMERCE ST
    NATCHEZ,MS39120     		    CIVIC AND COMMUNITY 5,000
    FOUNDATION FOR ECONOMIC EDUCATION
    30 SOUTH BROADWAY
    IRVINGTONONHUDSON,NY10533     		    PUBLIC POLICY RESEARCH AND EDUCATION 25,000
    FOUNDATION FOR GOVT ACCOUNTABILITY
    15275 COLLIER BLVD 201
    NAPLES,FL341196750     		    PUBLIC POLICY RESEARCH AND EDUCATION 10,000
    FREE THE PEOPLE FIGHT THE POWER FOU
    611 PENNSYLVANIA AVE S25
    WASHINGTON,DC200034303     		    PUBLIC POLICY RESEARCH AND EDUCATION 20,000
    FREE TO CHOOSE NETWORK
    2002 FILLMORE AVE - SUITE
    ERIE,PA16506     		    EDUCATION 10,000
    FREEDOMWORKS FOUNDATION
    400 NORTH CAPITOL STNW
    WASHINGTON,DC200011564     		    ECONOMIC EDUCATION AND POLICY ANALYS 17,500
    FRIENDS OF FT WORTH NATURE CENTER
    9601 FOSSIL RIDGE RD
    FORT WORTH,TX76135     		    COMMUNITY AND EDUCATION 7,500
    FUND FOR AMERICAN STUDIES
    1706 NEW HAMPSHIRE AVE N
    WASHINGTON,DC20009     		    EDUCATION 25,000
    GOLDWATER INSTITUTE FOR PUBLIC POLI
    500 EAST CORONADO ROAD
    PHOENIX,AZ85004     		    NATIONAL AND STATE POLICY RESEARCH A 25,000
    GOODMAN INSTITUTE FOR PUBLIC POLICY
    6335 W NORTHWEST HWY 21
    DALLAS,TX752253557     		    PUBLIC POLICY RESEARCH AND EDUCATION 20,000
    GOSHEN FRIENDS SCHOOL
    814 N CHESTER RD
    WESTCHESTER,PA191021403     		    EDUCATIONAL PROGRAMS 2,500
    HEARTLAND INSTITUTE
    3939 N WILKIE RD
    ARLINGTON HEIGHTS,IL60004     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    HERITAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC200024999     		    FOR FREEDOM, COMMUNICATIONS DEPT 40,000
    HILLSDALE COLLEGE
    33 EAST COLLEGE STREET
    HILLSDALE,MI49242     		    EDUCATIONAL PROGRAMS 20,000
    HUMANE SOCIETY OF NORTH TEXAS
    1840 EAST LANCASTER AVE
    FORT WORTH,TX76103     		    CIVIC AND COMMUNITY 250
    IMAGINATION CELEBRATION
    8008 CAMP BOWIE W STE 111
    FORT WORTH,TX761166313     		    EDUCATIONAL PROGRAMS 6,000
    INDEPENDENT INSTITUTE
    100 SWAN WAY STE 200
    OAKLAND,CA946211428     		    NATIONAL AND STATE POLICY RESEARCH A 20,000
    INDEPENDENT WOMENS FORUM
    1875 I STREET NW 500
    WASHINGTON,DC20006     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    INSTITUTE FOR ENERGY RESEARCH
    1155 15TH ST NW STE 900
    WASHINGTON,DC20005     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    INSTITUTE FOR HUMANE STUDIES
    3434 WASHINGTON BLVD MS
    ARLINGTON,VA22201     		    PUBLIC POLICY RESEARCH AND EDUCATION 25,000
    INSTITUTE FOR JUSTICE
    901 N GLEBE ROAD -SUITE
    ARLINGTON,VA22203     		    PUBLIC POLICY RESEARCH AND EDUCATION 30,000
    INTERCOLLEGIATE STUDIES INSTITUTE
    3901 CENTERVILLE ROAD
    WILMINGTON,DE198071938     		    PUBLIC POLICY EDUCATION AT COLLEGE L 30,000
    JACK MILLER CENTER FOR TEACHING AME
    3 BALA PLAZA WEST 401
    BALA CYNWYD,PA190043481     		    PUBLIC POLICY RESEARCH AND EDUCATION 15,000
    JUNIOR ACHIEVEMENT OF THE CHISHOLM
    6300 RIDGLEA PLACE - SUIT
    FORT WORTH,TX761165706     		    EDUCATIONAL PROGRAMS 7,500
    LANDMARK LEGAL FOUNDATION
    3100 BROADWAY ST STE 121
    KANSAS CITY,MO641112413     		    PUBLIC POLICY RESEARCH AND EDUCATION 10,000
    LAW AND ECONOMICS CENTER
    3301 FAIRFAX DRIVE - HAZ
    ARLINGTON,VA22201     		    POLITICAL SCIENCE, POLITICS AND ECO 10,000
    LEADERSHIP INSTITUTE
    1101 N HIGHLAND ST
    ARLINGTON,VA222012807     		    PUBLIC POLICY AND EDUCATION 40,000
    LENA POPE HOME
    3909 LYNNCREST DR
    FORT WORTH,TX76109     		    CIVIC AND COMMUNITY 230
    LINCOLN NETWORK INC
    1661 HANCHETT AVE
    SAN JOSE,CA95128     		    EDUCATIONAL PROGRAMS 10,000
    LUCY BURNS INSTITUTE
    8383 GREENWAY BLVD 600
    MIDDLETON,WI53562     		    PUBLIC POLICY EDUCATION 5,000
    LUDWIG VON MISES INSTITUTE FOR AUST
    518 W MAGNOLIA AVE
    AUBURN,AL368324501     		    EDUCATIONAL PROGRAMS 15,000
    MANHATTAN INSTITUTE FOR POLICY RESE
    52 VANDERBILT AVE
    NEW YORK,NY10017     		    RESEARCH AND ED. PROGRAMS IN FREE MA 10,000
    MARCH OF DIMES
    555 HEMPHILL ST 202
    FORT WORTH,TX76104     		    CIVIC AND COMMUNITY 460
    MEALS ON WHEELS
    320 S FREEWAY
    FORT WORTH,TX761043225     		    CIVIC AND COMMUNITY 250
    MEDIA RESEARCH CENTER
    1900 CAMPUS COMMONS DR S
    RESTON,VA201911535     		    RESEARCH AND EDUCATIONAL PROGRAMS 20,000
    MERCATUS CENTER
    3434 WASHINGTON BLVD-4TH
    ARLINGTON,VA222014508     		    PUBLIC POLICY RESEARCH AND EDUCATION 15,000
    MISSISSIPPI CENTER FOR PUBLIC POLIC
    520 GEORGE ST
    JACKSON,MS39202     		    PUBLIC POLICY RESEARCH AND EDUCATION 15,000
    MOUNTAIN STATES LEGAL FOUNDATION
    2596 SOUTH LEWIS WAY
    LAKEWOOD,CO80227     		    LEGAL DEFENSE OF CONSTITUTION 10,000
    MOVING PICTURE INSTITUTE
    375 GREENWICH STREET
    NEW YORK,NY10013     		    EDUCATIONAL PROGRAMS 35,000
    NATCHEZ ADAMS COUNTY HUMANE SOCIETY
    PO BOX 549
    NATCHEZ,MS391210549     		    CIVIC AND COMMUNITY 250
    NATCHEZ STEWPOT
    PO BOX 298
    NATCHEZ,MS39120     		    CIVIC AND COMMUNITY 250
    NATIONAL RIGHT TO WORK LEGAL DEFENS
    8001 BRADDOCK RD 600
    SPRINGFIELD,VA22160     		    PUBLIC POLICY RESEARCH AND EDUCATION 15,000
    NATURE CONSERVANCY OF MISSISIPPI
    7716 OLD CANTON RD STE A
    MADISON,MS39130     		    PUBLIC POLICY AND EDUCATION 10,000
    PACIFIC LEGAL FOUNDATION
    930 G STREET
    SACRAMENTO,CA95814     		    LEGAL AND JUDICIAL EDUCATION PROGRAM 15,000
    PHILADELPHIA SHAKESPEARE THEATRE
    PO BOX 56309
    PHILADELPHIA,PA19130     		    EDUCATIONAL PROGRAMS 5,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH ST NW SUITE 55
    WASHINGTON,DC20036     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    PRESBYTERIAN NIGHT SHELTER OF TARRA
    2400 CYPRESS ST
    FORT WORTH,TX76102     		    CIVIC AND COMMUNITY 250
    REASON FOUNDATION
    5737 MESMER AVE
    LOS ANGELES,CA902306316     		    CIVIC AND COMMUNITY 30,000
    RIVERTREE ACADEMY INC
    5443 BONNELL AVE
    FORT WORTH,TX761076713     		    CIVIC AND COMMUNITY 250
    SALVATION ARMY
    8787 STEMMONS FWY 800
    DALLAS,TX75247     		    CIVIC AND COMMUNITY 250
    SOUTHWESTERN STOCK SHOW AND EXPOSIT
    PO BOX 150
    FORT WORTH,TX76101     		    CIVIC AND COMMUNITY 460
    STATE POLICY NETWORK
    1655 N FORT MYER DR- SU
    ARLINGTON,VA222093113     		    PUBLIC POLICY RESEARCH AND EDUCATION 30,000
    ST PETER'S EPISCOPAL SCHOOL
    321 ST PETER STREET
    KERRVILLE,TX78028     		    EDUCATION 4,000
    STUDENTS FOR LIBERTY
    PO BOX 97246
    WASHINGTON,DC200907246     		    PUBLIC POLICY RESEARCH AND EDUCATION 5,000
    TARRANT AREA FOOD BANK
    2600 CULLEN ST
    FORT WORTH,TX76107     		    CIVIC AND COMMUNITY 250
    TAX FOUNDATION
    1325 G STREET NW SUITE
    WASHINGTON,DC20005     		    EDUCATIONAL PROGRAMS 15,000
    TEXAS PUBLIC POLICY FOUNDATION
    901 CONGRESS AVENUE
    AUSTIN,TX78701     		    EDUCATIONAL PROGRAMS 30,000
    UNION GOSPEL MISSION OF TARRANT COU
    1321 E LANCASTER AVE
    FORT WORTH,TX76102     		    CIVIC AND COMMUNITY 250
    UNIVERSITY OF CUMBERLANDS INC
    6191 COLLEGE STATION DR
    WILLIAMSBURG,KY407691372     		    EDUCATIONAL PROGRAMS 5,000
    WASHINGTON LEGAL FOUNDATION
    2009 MASSACHUSETTS AVE N
    WASHINGTON,DC200361011     		    EDUCATIONAL PROGRAMS ON PUBLIC POLIC 10,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD - SUITE
    JACKSONVILLE,FL32256     		    CIVIC AND COMMUNITY 100
    YOUNG AMERICA'S FOUNDATION
    11480 COMMERCE PARK DRIVE
    RESTON,VA201911556     		    EDUCATIONAL PROGRAMS 15,000
    YOUNG AMERICANS FOR LIBERTY FOUND
    PO BOX 17560
    ARLINGTON,VA22216     		    EDUCATIONAL PROGRAMS 5,000
    Total .................................bullet 3a 1,084,050
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 67,546  
    4 Dividends and interest from securities....     14 375,537  
    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.....     15 411,537  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 31,948 2,293,033
    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)..   886,568 2,293,033
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,179,601
    (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 ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING EXPENSES 6,875 6,875    

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    TY 2018 DepreciationSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CONDO LAND 1983-09-01 5,362              
    ELECTRIC LOCKS 1986-12-01 167 167 S/L 5.0000        
    IBM PC SOFTWARE 1983-06-30 3,066 3,066 S/L 5.0000        
    CALCULATOR 1983-08-31 109 109 S/L 3.0000        
    DESK 1983-08-31 656 656 S/L 10.0000        
    SANGER HARRIS CH 1984-07-31 307 307 S/L 5.0000        
    IBM TYPEWRITER 1984-09-30 1,050 1,050 S/L 5.0000        
    CHAIR 1984-10-31 240 240 S/L 5.0000        
    INWOOD TYPEWRITER 1985-04-17 1,538 1,538 S/L 5.0000        
    TELEPHONE 1985-07-30 332 332 S/L 5.0000        
    TELEPHONE 1985-09-04 995 995 S/L 5.0000        
    COMPUTER CHIP 1989-01-26 280 280 S/L 5.0000        
    FILE DRAWERS 1989-02-09 665 665 S/L 5.0000        
    COMPUTER 1990-06-28 2,794 2,794 S/L 5.0000        
    CHAIR 1991-06-12 279 279 S/L 5.0000        
    FURNITURE 1991-07-03 586 586 S/L 5.0000        
    PRINTER 1993-06-08 350 350 S/L 5.0000        
    NEW PHONE SYSTEM 1998-05-26 1,019 1,019 S/L 5.0000        
    CONDO OFFICE BUILDING 1983-09-01 44,242 44,242 S/L 25.0000        
    VARIOUS 1957-01-01 1,106 1,106 S/L 5.0000        
    DICTAPHONE 1983-06-30 890 890 S/L 5.0000        
    LENNOX 4 TON A/C-HEAT UNIT 2005-08-22 2,886 916 S/L 39.0000 74 74    
    OPTIPLEX 210L COMPUTER 2006-06-23 1,555 1,555 200DB 5.0000        
    OFFICE EQUIPMENT 2008-10-20 1,553 1,553 200DB 5.0000        
    OFFICE EQUIPMENT 2009-01-29 1,205 1,205 200DB 5.0000        
    COMPUTER 2014-05-23 1,000 914 200DB 5.0000 57 57    
    PRINTER 2014-06-17 999 913 200DB 5.0000 57 57    

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    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    BANK OF TEXAS   PURCHASE     6,461,124 6,034,900     426,224  
    BOSTON PPTYS5.875 2018-11 PURCHASE 2018-12   76,712 76,314     398  
    DOWDUPONT   PURCHASE 2018-10   33,235 35,931     -2,696  
    MERCK&CO 2018-11 PURCHASE 2018-12   75,893 75,000     893  
    SHELL 2018-09 PURCHASE 2018-11   100,000 100,000        
    TEXAS INSTRUMENTS   PURCHASE 2018-12   51,264 57,290     -6,026  
    VNGRD RL EST 2018-09 PURCHASE 2018-10   7,470 7,665     -195  
    VNGRD INTL GRW 2017-12 PURCHASE 2018-10   4,368 3,408     960  
    VNGRD GRW   PURCHASE 2018-10   5,327 3,603     1,724  
    VNGRD VAL   PURCHASE 2018-12   12,577 9,708     2,869  
    XTO ENERGY 2018-10 PURCHASE 2018-12   100,000 100,000        
    VNGRD RL   PURCHASE 2018-10   76,133 36,514     39,619  
    VNGRD INTL   PURCHASE 2018-10   515,792 402,441     113,351  
    VNGRD GRW   PURCHASE 2018-10   463,119 240,535     222,584  
    VNGRD VAL   PURCHASE 2018-11   533,057 323,737     209,320  
    LONGLEAF PARTNERS   PURCHASE 2018-09   2,304,437 2,163,024     141,413  
    VNGRD RL   PURCHASE 2018-10   457,035 259,138     197,897  
    J.P. MORGAN-005   PURCHASE     1,124,008 1,153,978     -29,970  
    J.P. MORGAN-005   PURCHASE     2,266,532 1,949,417     317,115  
    BANK OF AMERICA CORP   PURCHASE 2018-01   34       34  
    BEST BUY CO INC 2014-03 PURCHASE 2018-08   50,000 50,000        
    SIMMONS FIRST NATL 2007-04 PURCHASE 2018-04   256,292 69,130     187,162  
    SIMMONS FIRST NATL   PURCHASE 2018-07   237,533 64,870     172,663  
    MERRILL LYNCH-2217   PURCHASE     55,449 64,382     -8,933  
    MERRILL LYNCH-2217   PURCHASE     263,153 196,266     66,887  
    BECTON DICKINSON 2005-11 PURCHASE 2018-09   63,107 14,002     49,105  
    CHUBB LTD 2004-11 PURCHASE 2018-09   28,697 8,318     20,379  
    ECOLAB 2007-03 PURCHASE 2018-09   62,775 17,164     45,611  
    METTLER-TOLEDO 2005-04 PURCHASE 2018-09   54,852 4,270     50,582  
    NEXTERA ENERGY 2006-03 PURCHASE 2018-09   24,240 5,585     18,655  
    MERRILL LYNCH-4083   PURCHASE     519,534 535,190     -15,656  
    CALL LQD   PURCHASE     370       370  
    MERRILL LYNCH-4083   PURCHASE     701,406 712,040     -10,634  
    ALTRIA GROUP   PURCHASE 2018-04   42,841 12,817     30,024  
    AT&T   PURCHASE 2018-05   33,122 19,921     13,201  
    COLGATE 2008-07 PURCHASE 2018-01   22,383 10,508     11,875  
    JOHNSON AND JOHNSON   PURCHASE 2018-05   48,505 25,229     23,276  
    PHILIP MORRRIS   PURCHASE 2018-03   60,204 21,582     38,622  
    PEPSICO 2005-11 PURCHASE 2018-08   27,151 13,985     13,166  
    PROCTER & GAMBLE   PURCHASE 2018-06   37,921 28,766     9,155  
    STRYKER   PURCHASE 2018-08   71,731 18,529     53,202  
    MYLAN 2016-11 PURCHASE 2018-04   16,012 16,012        
    MERRILL LYNCH-4084   PURCHASE     820,000 820,000        
    MERRILL LYNCH-4084   PURCHASE     318,298 310,000     8,298  
    VANGUARD-HIGH-YIELD CORP FUND   PURCHASE 2018-03   3,164 3,087     77  
    VANGUARD-HIGH-YIELD CORP FUND   PURCHASE 2018-03   569,576 689,144     -119,568  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS    
    ML S/T BOND LADDER 1,336,416 1,329,498

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JP MORGAN MANAGED ACCOUNT FMV 9,454,682 8,848,695
    LONGLEAF PARTNERS FUND FMV    
    MERRILL LYNCH PIA ACCOUNT FMV 3,153,785 3,137,164
    VANGUARD BOND FUND FMV    
    VANGUARD EQUITY FUND FMV    
    FIRST TEXAS FMV    
    BOK MANAGED ACCOUNT FMV    
    VINTAGE 2015 PRIVATE EQUITY FMV 572,949 575,069
    VINTAGE 2017 PRIVATE EQUITY FMV 127,197 119,688
    HPS MEZZANINE PARTNERS FUND FMV 375,322 350,940
    BENEFIT PARTNERS DEBT FUND FMV 281,272 282,073
    MERRILL LYNCH SP500 FMV 64,050 56,795
    LANDMARK PRIVATE EQUITY FMV 27,069 28,724
    BB&T MANAGED ACCOUNT FMV 7,045,663 6,768,763

    TY 2018 LandEtcSchedule2
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE BUILDING 53,861 46,603 7,258  
    FURNITURE AND EQUIPMENT 21,371 21,314 57  


    TY 2018 OtherAssetsSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MISSISSIPPI MINERAL INTERESTS 329,225 329,225 567,798
    OKLAHOMA MINERAL INTERESTS 5,000 5,000 141,030
    MINERAL INTERESTS RESERVED 7 7 7


    TY 2018 OtherDecreasesSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description Amount
    2017 EXCISE TAX 20,193


    TY 2018 OtherExpensesSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES AND SUBSCRIPTIONS 1,426 1,426    
    INSURANCE EXPENSE 3,065 3,065    
    INVESTMENT ADVISORY EXPENSE 136,650 136,650    
    OFFICE SUPPLIES AND EXPENSE 9,323 9,323    
    OIL & GAS EXPENSES 41,749 41,749    
    SOFTWARE 8,230     8,230
    OTHER EXPENSE 233 233    
    TRAVEL AND MEETING EXPENSE 3,352     3,352
    INVESTMENT INTEREST 34,752 34,752    
    K-1 ACTIVITY 2,448 2,448    


    TY 2018 OtherIncomeSchedule2
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL & GAS INCOME 53,600 53,600  
    ROYALTIES 357,937 357,937  


    TY 2018 OtherIncreasesSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Description Amount
    INCREASE IN VALUE OF INVESTMENTS 417,864


    TY 2018 TaxesSchedule
    Name:
    THE ARMSTRONG FOUNDATION
    EIN:
    75-6003209
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME 483 483    
    REAL AND PERSONAL PROPERTY 1,478 1,478    
    STATE WITHHOLDING 6,258 6,258