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 STEPHEN PHILIBOSIAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)46-930 W ELDORADO DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INDIAN WELLS, CA92210
A Employer identification number

23-7029751
B Telephone number (see instructions)

(760) 568-3920
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$6,674,351J 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 33,747 33,747 33,747
4 Dividends and interest from securities... 156,745 156,745 156,745
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 317,665
b Gross sales price for all assets on line 6a 1,764,142
7 Capital gain net income (from Part IV, line 2)... 317,665
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 418   418
12 Total. Add lines 1 through 11........ 508,575 508,157 190,910
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,910 4,910    
c Other professional fees (attach schedule).... Click to see attachment 37,232 34,312   2,920
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 399 389   10
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 14,200     14,200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,741 39,611   17,130
25 Contributions, gifts, grants paid....... 640,035 640,035
26 Total expenses and disbursements. Add lines 24 and 25 696,776 39,611   657,165
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -188,201
b Net investment income (if negative, enter -0-) 468,546
c Adjusted net income (if negative, enter -0-)... 190,910
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............. 52,133 42,873 42,873
2 Savings and temporary cash investments......... 125,619 66,492 66,492
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)....... 2,444,249 Click to see attachment2,261,096 3,629,224
c Investments—corporate bonds (attach schedule)....... 1,038,426 Click to see attachment1,102,857 1,094,310
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,566,158 Click to see attachment1,508,103 1,715,873
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment125,579 Click to see attachment125,579
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,226,585 5,107,000 6,674,351
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........ 2,956,367 2,956,367
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,270,218 2,150,633
30 Total net assets or fund balances (see instructions)..... 5,226,585 5,107,000
31 Total liabilities and net assets/fund balances (see instructions). 5,226,585 5,107,000
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
5,226,585
2
Enter amount from Part I, line 27a .....................
2
-188,201
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
73,397
4
Add lines 1, 2, and 3 ..........................
4
5,111,781
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,781
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,107,000
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 HAVERFORD 7049 - SEE ATTACHED P    
b HAVERFORD 7049 - SEE ATTACHED P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 107,485   115,718 -8,233
b 1,656,657   1,330,759 325,898
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       -8,233
b       325,898
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 2 317,665
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 867,218 7,630,349 0.113654
2016 616,067 7,449,623 0.082698
2015 624,956 7,883,277 0.079276
2014 643,081 8,335,566 0.077149
2013 676,848 8,045,915 0.084123
2
Total of line 1, column (d) .....................
2
0.436900
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
0.087380
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,355,811
5
Multiply line 4 by line 3......................
5
642,751
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,685
7
Add lines 5 and 6........................
7
647,436
8
Enter qualifying distributions from Part XII, line 4,.............
8
657,165
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 4,685
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 4,685
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 4,685
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,800
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,315
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,315 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)
    bulletCA, PA
    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 ofbulletJOYCE STEIN Telephone no.bullet (760) 568-3920

    Located atbullet46-930 W EL DORADO DRIVEINDIAN WELLSCA ZIP+4bullet92210
    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
    MRS JOYCE P STEIN TRUSTEE
    000.00     		0 0 0
    46-930 W ELDORADO DRIVE
    INDIAN WELLS,CA92210
    MR THOMAS MOMJIAN TRUSTEE
    000.00     		0 0 0
    111 PRESIDENTIAL BLVD SUITE 233
    BALA CYNWOOD,PA19004
    MRS RICHARD DANELIAN TRUSTEE
    000.00     		0 0 0
    10417 BAINBRIDGE AVENUE
    LOS ANGELES,CA90024
    MRS STEPHANIE LANDES TRUSTEE
    000.00     		0 0 0
    46-650 E ELDORADO DRIVE
    INDIAN WELLS,CA92210
    MR GEORGE PHILLIPS TRUSTEE
    000.00     		0 0 0
    800 WILSHIRE BLVD 15TH FLOOR
    LOS ANGELES,CA90017
    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
    7,300,881
    b
    Average of monthly cash balances.......................
    1b
    166,947
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,467,828
    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
    7,467,828
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    112,017
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,355,811
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    367,791
    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
    367,791
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,685
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,685
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    363,106
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    363,106
    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
    363,106
    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
    657,165
    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
    657,165
    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
    4,685
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    652,480
    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 7 363,106
    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...... 281,226
    b From 2014...... 239,086
    c From 2015...... 234,856
    d From 2016...... 250,924
    e From 2017...... 491,223
    fTotal of lines 3a through e........ 1,497,315
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 657,165
    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..... 363,106
    e Remaining amount distributed out of corpus 294,059
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,791,374
    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) ...     		281,226
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,510,148
    10 Analysis of line 9:
    a Excess from 2014.... 239,086
    b Excess from 2015.... 234,856
    c Excess from 2016.... 250,924
    d Excess from 2017.... 491,223
    e Excess from 2018.... 294,059
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    (AKA IGLESIA BAUTISTA FUNDEMENTAL)
    942 S FORD
    LOS ANGELES,CA90022     		  501(C)3 RELIGIOUS 1,000
    ACADEMY OF PALM DESERT COMMUNITY PR
    47-321 HWY 74
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 1,200
    ACT FOR MS
    73-710 FRED WARING STE 11
    PALM DESERT,CA92260     		  501(C)3 MISC/HEALTH 250
    ALLIANCE OF CONFESSING EVANGELICALS
    600 EDEN ROAD
    LANCASTER,PA17601     		  501(C)3 RELIGIOUS 500
    AMAA ORPHAN CHILD CARE FUND
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 MISSION 16,500
    AMERICAN ARMENIAN ROSE FLOAT
    BOX 70548
    PASADENA,CA91117     		  501(C)3 ARTS/CULTURAL 5,000
    AMERICAN UNIVERSITY OF ARMENIA
    8300 LAKESIDE DR
    OAKLAND,CA94612     		  501(C)3 EDUCATION 1,000
    ANNENBERG F&T AT SUNNYLANDS
    70117 HWY 11
    RANCHO MIRAGE,CA92770     		  501(C)3 SOCIAL SERVICES 952
    ANNENBERG FOUNDATION AND TRUST
    1231 TAMARISK LANE
    RANCHO MIRAGE,CA92270     		  501(C)3 EDUCATION 2,153
    ARARAT HOME OF LOS ANGELES
    15105 MISSION HILLS RD
    MISSION HILLS,CA91345     		  501(C)3 SOCIAL SERVICE 3,900
    ARMENIAN APOSTOLIC CHURCH
    38900 VISTA DUNES RD
    RANCHO MIRAGE,CA92770     		  501(C)3 RELIGIOUS 500
    ARMENIAN ASSEMBLY
    734 15TH ST NW
    WASHINGTON,DC200778411     		  501(C)3 SOCIAL SERVICE 18,500
    ARMENIAN CILICIA EVANGELICAL CHURCH
    339 S SANTA ANITA AVE
    PASADENA,CA91107     		  501(C)3 RELIGIOUS 1,100
    ARMENIAN CONGREGATIONAL CHURCH
    3922 YORBA LINDA BLVD
    ROYAL OAK,MI48073     		  501(C)3 RELIGIOUS 2,000
    ARMENIAN EDUCATIONAL FOUNDATION
    600 W BROADWAY ST 130
    GLENDALE,CA91204     		  501(C)3 EDUCATION 1,000
    ARMENIAN EVANGELICAL COLLEGE (ALUM)
    BOX 27068
    LOS ANGELES,CA90027     		  501(C)3 EDUCATION 1,000
    ARMENIAN EVANGELICAL UNION
    411 E ACACIA AVE
    GLENDALE,CA91205     		  501(C)3 RELIGIOUS 6,000
    ARMENIAN EVANGELICAL WORLD COUNCIL
    3922 YORBA LINDA BLVD
    ROYAL OAKS,MI48073     		  501(C)3 MISSION 3,000
    ARMENIAN GENERAL BENEVOLENCE UNION
    2495 E MOUNTAIN
    PASADENA,CA91104     		  501(C)3 MISSION 1,500
    ARMENIAN INTERNATIONAL WOMEN ASSOC
    65 MAIN ST 3A
    WATERTOWN,MA02472     		  501(C)3 SOCIAL SERVICE 1,250
    ARMENIAN MARTYRS CONG CHURCH
    100 EDMONDS RD
    HAVERTOWN,PA19083     		  501(C)3 RELIGIOUS 500
    ARMENIAN MESRUBIAN SCHOOL
    8420 BEVERLY BLVD
    PICO RIVERA,CA90660     		  501(C)3 EDUCATION 1,000
    ARMENIAN MISSIONARY ASSOCIATION
    31 W CENTURY RD
    PARAMUS,NJ07652     		  501(C)3 MISSION 147,250
    ARMENIAN PRESBYTERIAN CHURCH
    140 FOREST AVE
    PARAMUS,NJ07652     		  501(C)3 RELIGIOUS 500
    ARMENIAN PROFESSIONAL SOCIETY
    9938 GAVIOTA
    NORTH HILLS,CA91343     		  501(C)3 SOCIAL SERVICE 1,000
    ARMENIAN SISTERS ACADEMY
    440 UPPER SULPH RD
    RADNOR,PA19087     		  501(C)3 EDUCATION 5,000
    ARMENIAN TREE PROJECT
    400 WEST CUMMINGS PARK ST
    WOBURN,MA01801     		  501(C)3 SOCIAL SERVICE 500
    ATHLETES IN ACTION
    53540 WINDJAMMER
    COLORADO SPRINGS,CO80920     		  501(C)3 SOCIAL SERVICE 500
    AURORA HUMANITARIAN INTIATIVE FOUND
    1900 K ST NW
    WASHINGTON,DC200061102     		  501(C)3 SOCIAL SERVICE 5,000
    BARBARA SINATRA CHILDRENS CENTER
    39000 BOB HOPE DR
    RANCHO MIRAGE,CA92270     		  501(C)3 SOCIAL SERVICE 1,650
    BLUE RIBBON
    135 N GRAND
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 2,500
    CAMP AREV
    1701 DARLING AVE
    FRAZIER PARK,CA93255     		  501(C)3 EDUCATION 1,500
    CAMPUS CRUSADE FOR CHRIST (CRU)
    BOX 628222
    ORLANDO,FL328628222     		  501(C)3 RELIGIOUS 1,000
    CHRIST CHAPEL BIBLE CHURCH
    3701 BIRCHMAN AVE
    FPRT WPRTH,TX76107     		  501(C)3 RELIGIOUS 1,000
    COAHELLA VALLEY RESUCUE MISSION
    BOX 10660
    INDIO,CA92202     		  501(C)3 MISSION 8,000
    COLLEAGUES
    712 SO NEW HANPSHIRE
    LOS ANGELES,CA90005     		  501(C)3 SOCIAL SERVICE 5,000
    COMMUNITY BIBLE CHURCH SAN ANTONIO
    2477 TX-1604 LOOP
    SAN ANTONIO,TX78232     		  501(C)3 RELIGIOUS 1,000
    CULTURAL EXCHANGE FOUNDATION
    7242 LA JOLLA BLVD
    SAN DIEGO,CA92037     		  501(C)3 SOCIAL SERVICE 3,000
    DESERT CHRISTIAN ACADEMY
    40700 YUCCA LANE
    BERMUDA DUNES,CA92203     		  501(C)3 EDUCATION 12,105
    DESERT COMMUNITY FOUNDATION
    75-105 MERLE DR STE 300
    PALM DESERT,CA92211     		  501(C)3 SOCIAL SERVICE 3,350
    DESERT FORUM INC
    45200 CLUB DR STE C
    INDIAN WELLS,CA92210     		  501(C)3 SOCIAL SERVICE 650
    DESERT TOWN HALL
    45-200 CLUB DR SUITE B
    INDIAN WELLS,CA92210     		  501(C)3 ARTS/CULTURAL 2,400
    DIOCESE OF AMER APOSTOLIC CHURCH
    3325 N GLENOAKS
    BURBANK,CA91504     		  501(C)3 RELIGIOUS 500
    EISENHOWER HOSPITAL FOUNDATION
    39000 BOB HOPE DRIVE
    RANCHO MIRAGE,CA92270     		  501(C)3 MISC HEALTH 7,000
    ESPOIR POUR ARMENIE
    4 RUE PAUL
    DIDAY,DIDAY  
    FR     		  501(C)3 RELIGIOUS 1,000
    FIRST LIBERTY INSTITUTE
    2001 W PLANO PKWY STE 160
    PLANO,TX75075     		  501(C)3 SOCIAL SERVICE 500
    FOREST HOME MINISTRIES
    40000 VALLEY OF THE FALLS
    FOREST FALLS,CA92339     		  501(C)3 RELIGIOUS 500
    FRIENDS OF THE SMITHSONIAN
    BOX 37012 MRC 712
    WASHINGTON,DC20013     		  501(C)3 EDUCATION 155
    HAIGAZAIAN ALUMNI COMMITTEE
    1724 CAPISTRANO CIRCLE
    GLENDALE,CA91208     		  501(C)3 EDUCATION 500
    HAIGAZIAN UNIVERSITY
    PO BOX 11-1748
    BEIRUT,BEIRUT  
    LE     		  501(C)3 EDUCATION 25,000
    HAIGAZIAN UNIVERSITY WOMENS AUX
    31 W CENTURY BLVD
    PARAMUS,NJ07652     		  501(C)3 EDUCATION 1,500
    HOUSE OF HOPE
    MER MOOYS BOX 8507
    CALABASAS,CA91327     		  501(C)3 MISSION 500
    HUGUENOT FELLOWSHIP
    BOX 877
    GLENSIDE,PA18038     		  501(C)3 MISSION 500
    IGLESIA BAUTISTE FUNDEMENTAL
    842 S FORD BLVD
    LOS ANGELES,CA90022     		  501(C)3 RELIGIOUS 7,000
    IMMANUAL ARMENIAN CONGREGATIONAL CH
    9516 DOWNEY AVE
    DOWNEY,CA90240     		  501(C)3 RELIGIOUS 1,000
    INTERNATIONAL CLASSICAL CONCERTS
    PO BOX 1227
    LA QUINTA,CA92253     		  501(C)3 ARTS/CULTURAL 500
    JOSLYN CENTER
    73750 CATALINA WAY
    PALM DESERT,CA92260     		  501(C)3 SOCIAL SERVICES 500
    K U S C
    BOX 80354
    LOS ANGELES,CA90074     		  501(C)3 ARTS/CULTURAL 700
    KAPPA ALPHA THETA FOUNDATION
    8740 FOUNDERS RD
    INDIANAPOLIS,IN46268     		  501(C)3 SOCIAL SERVICE 1,000
    KAUFFMAN CTR FOR THE PERFORMING ART
    1601 BROADWAY BLVD
    KANSAS CITY,MO64108     		  501(C)3 ARTS/CULTURAL 4,000
    KINGS SCHOOL
    67675 BOLERO RD
    PALM SPRINGS,CA92264     		  501(C)3 EDUCATION 840
    LA COUNTY MUSEUM OF ART
    905 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  501(C)3 ARTS/CULTURAL 2,500
    LARK MUSIC SOCIETY INC - AMAA
    542 ARDEN
    GLENDALE,CA91203     		  501(C)3 ARTS CULTURAL 10,000
    LIVING DESERT
    47-900 PORTOLA AVENUE
    PALM DESERT,CA92260     		  501(C)3 MISSION 3,188
    LOREN ZACHERY SOCIETY
    2250 GLOAMING WAY
    BEVERLY HILLS,CA90210     		  501(C)3 ARTS/CULTURAL 1,700
    LOS ANGELES OPERA
    135 N GRAND AVENUE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 7,900
    LOS ANGELES PET MEMORIAL PARK
    5068 OLD SCANDIA LANE
    CALABASAS,CA91302     		  501(C)3 MISSION 5,000
    LOS ANGELES PHILHARMONIC
    135 N GRAND
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 13,644
    MCCALLUM THEATER
    73000 FRED WARING DRIVE
    PALM DESERT,CA92260     		  501(C)3 ARTS/CULTURAL 7,500
    MERDINIAN ARMENIAN EVANG SCHOOL
    13330 RIVERSIDE DRIVE
    SHERMAN OAKS,CA91423     		  501(C)3 ARTS CULTURAL 2,300
    METROPOLITAN MUSEUM OF ART
    BOX 5228
    NEW YORK,NY102774400     		  501(C)3 ARTS/CULTURAL 1,600
    METROPOLITAN OPERA ASSOCIATION
    30 LINCOL CENTER
    NEW YORK,NY10023     		  501(C)3 ARTS/CULTURAL 15,500
    METROPOLITAN OPERA GUILD
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		  501(C)3 ARTS/CULTURAL 5,000
    MUSEUM OF THE BIBLE
    400 4TH ST SW
    WASHINGTON,DC20024     		  501(C)3 RELIGIOUS 5,000
    MUSIC CENTER
    BOX 8497-42
    LOS ANGELES,CA90084     		  501(C)3 ARTS/CULTURAL 400
    MUSIC CENTER
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 1,500
    MUSIC CENTER FOUNDERS
    135 N GRAND AVE
    LOS ANGELES,CA90012     		  501(C)3 ARTS/CULTURAL 1,000
    NATIONAL CHRISTIAN FOUNDATION
    11625 RAINWATER DR 500
    ALPHARETTA,GA30009     		  501(C)3 RELIGIOUS 20,000
    NEAR EAST FOUNDATION
    110 LAYETTE ST 710
    SYRACUSE,NY13202     		  501(C)3 MISSION 500
    NOTRE DAME HIGH SCHOOL
    13645 RIVERSIDE DR
    SHERMAN OAKS,CA91423     		  501(C)3 EDUCATION 7,550
    ONE FUTURE COACHELLA VALLEY
    41550 ECELCTIC ST 200
    PALM DESERT,CA92260     		  501(C)3 SOCIAL SERVICE 1,050
    PALM DESERT COMMUNITY PRESBYTERIAN
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 RELIGIOUS 16,700
    PALM DESERT PRESBYTERIAN CH ACADEMY
    47-321 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 1,800
    PALM DESERT PRESBYTERIAN CHURCH
    47-32 HIGHWAY 74
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 1,500
    PALM SPRINGS FRIENDS OF THE PHILHAR
    BOX 12770
    PALM SPRINGS,CA92255     		  501(C)3 ARTS/CULTURAL 7,356
    PEOPLE CONCERN
    2116 ARLINGTON AVE 100
    LOS ANGELES,CA90018     		  501(C)3 SOCIAL SERVICE 1,000
    PHIL ORCHESTRA RETIREES & FRIENDS
    1102 CROMWELL ROAD
    WYNDMOOR,PA19038     		  501(C)3 ARTS/CULTURAL 150
    PHILIDELPHIA ORCHESTRA PORF
    1 S BROAD ST 14TH FLOOR
    PHILIDELPHIA,PA19107     		  501(C)3 ARTS/CULTURAL 5,460
    PROJECT SAVE
    BOX 236
    WATERTOWN,MA02471     		  501(C)3 MISSION 1,500
    SACRED HEART CATHOLIC CHURCH
    43775 DEEP CANYON
    PALM DESERT,CA92260     		  501(C)3 RELIGIOUS 600
    SACRED HEART CATHOLIC SCHOOL
    43776 DEEP CANYON RD
    PALM DESERT,CA92260     		  501(C)3 EDUCATION 7,400
    SALVATION ARMY
    30-400 LANDAN BLVD
    CATHEDRAL CITY,CA92234     		  501(C)3 MISSION 1,000
    SHAMLIAN - TATIKIAN SCHOOL
    1850 SAMARKAND PL
    GLENDALE,CA91208     		  501 (C)3 EDUCATION 500
    SMITHSONIAN INSTITUTION
    600 MARYLAND AVE SW
    WASHINGTON,DC20002     		  501(C)3 EDUCATION 5,000
    ST GARABED ARMENIAN APOSTOLIC CH
    3900 VISTA DUNES RD
    RANCHO MIRAGE,CA92270     		  501(C)3 RELIGIOUS 2,500
    ST ANDREWS PRESBYTARIAN CHURCH
    600 ST ANDREWS RD
    NEWPORT BEACH,CA93663     		  501(C)3 RELIGIOUS 3,000
    ST MICHEAL & GABRIEL ROMANIAN APOS
    590 S VELLA RD
    PALM SPRINGS,CA92264     		  501(C)3 RELIGIOUS 2,000
    ST THERESA SCHOOL
    455 S COMPADRE RD
    PALM SPRINGS,CA92262     		  501(C)3 EDUCATION 6,092
    ST THOMAS SCHOOL
    2-2800 RAMON RD
    PALM SPRINGS,CA92264     		  501(C)3 EDUCATION 1,920
    TRUSTEES OF THE UNIVERSITY OF PENN
    BOX 70259
    PHILIDELPHIA,PA19176     		  501(C)3 EDUCATION 100
    UNITED ARMENIAN CONGREGATIONAL CHU
    3480 CAHUENGA BLVD
    LOS ANGELES,CA900681330     		  501(C)3 RELIGIOUS 8,000
    VINTAGE CHURCH
    1015 CALIFORNIA AVE
    SANTA MONICA,CA90403     		  501(C)3 RELIGIOUS 500
    WARING INTL PIANO COMPETITION
    73-710 FRED WARING DR 201
    PALM DESERT,CA92260     		  501(C)3 ARTS/CULTURAL 1,000
    WESTERN DIOCESE OF THE ARM CHURCH
    3325 N GLENOAKS BLVD
    BURBANK,CA91504     		  501(C)3 RELIGIOUS 200
    WORLD AFFAIRS COUNCIL OF THE DESERT
    BOX 3031
    PALM DESERT,CA92261     		  501(C)3 SOCIAL SERVICE 220
    WORSHIP PLANET
    PO BOX 898
    DIVIDE,CO80714     		  501(C)3 MISSION 600
    YOUTH FOR CHRIST INTERNATIONAL
    BOX 4555
    ENGLEWOOD,CO801534555     		  501(C)3 RELIGIOUS 500
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 SOCIAL SERVICE 19,428
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 SOCIAL SERVICE 16,897
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 SOCIAL SERVICE 20,512
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 SOCIAL SERVICE 42,651
    ARMENIAN MISSIONARY ASSOCIATION
    31 WEST CENTURY ROAD
    PARAMUS,NJ07652     		  501(C)3 SOCIAL SERVICE 25,212
    Total .................................bullet 3a 640,035
    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 33,747  
    4 Dividends and interest from securities....     14 156,745  
    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 ............     		        317,665
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION PROCEEDS     		        316
    bCOST BASIS ADJ PRIOR YEAR         102
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   190,492 318,083
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    508,575
    (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 STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 4,910 4,910    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50,000 AMAZON INC. 48,447 48,903
    65,000 AMERICAN EXPRESS CREDIT 65,985 62,881
    50,000 APPLE INC. 47,509 48,347
    25,000 BAXTER INTL 23,434 22,821
    100,000 BURLINGTON NORTH SANTA FE 100,005 100,981
    50,000 CVS CAREMARK    
    50,000 DIGITAL REALTY TRUST LP 51,619 51,631
    25,000 MONSANTO CO    
    50,000 MORGAN STANLEY 50,164 49,997
    75,000 GE CAPITAL CORP 74,238 69,983
    60,000 VERIZON 59,013 59,177
    100,000 HOME DEPOT 100,139 101,632
    50,000 JPM CHASE FLOAT 50,087 50,021
    35,000 US BANCORP 35,050 34,483
    FG POOL G04477 08/01/38 1,305 1,426
    FG POOL G08279 2,442 2,655
    FGMLC POOLA81144 2,180 2,374
    GOLDMAN SACHS GROUP 74,404 76,677
    MONTGOMERY CNTY PA 9/1/25 51,763 51,122
    PENNSYLVANIA BUILD AMERICA BONDS 76,433 76,671
    US TREASURY NB 1.625% 114,129 107,650
    US TREAS NB 1.375% 74,511 74,878

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC 26,607 98,707
    AIR PRODS & CHEMS INC 47,999 57,618
    ALTRIA GROUP 24,515 49,390
    AMERICAN ELECTRIC POWER    
    AMERICAN TOWER CORPORATION 64,459 70,395
    ANHEUSER-BUSCH INBEV    
    APPLE INC 41,626 103,320
    AUTOMATIC DATA PROCESSING 40,445 131,120
    BAXTER INT'L 60,261 106,958
    BB&T CORP 74,849 60,431
    BECTON DICKINSON & CO 33,350 95,761
    BLACKROCK 49,298 107,240
    CHEVRON 43,976 71,801
    CISCO SYS INC 84,667 107,242
    COCA-COLA, CO. 40,501 92,333
    COMCAST CORP NEW CL A 71,835 93,638
    CVS 55,345 78,624
    DISNEY 29,766 90,461
    DUPONT EL NEMOUR 24,702 63,374
    EATON CORP 59,959 80,676
    EMERSON ELECTRIC 61,102 49,891
    EXXON MOBIL CORP 31,811 51,143
    FEDEX 52,890 32,266
    GAP INC. DEL COM 72,695 68,135
    GENUINE PARTS CO 50,188 93,620
    GLAXOSMITHKLINE    
    HONEYWELL INT'L INC 34,750 33,030
    INTEL CORPORATION    
    JOHNSON & JOHNSON 63,180 146,859
    JOHNSON CONRTOLS, INC 57,140 44,475
    JPMORGAN CHASE 61,268 144,966
    KIMBERLY CLARK 22,710 42,728
    KRAFT FOODS    
    LOWES COS INC 77,426 83,124
    MASTERCARD INC CLASS A 45,943 123,566
    MEDTRONIC 79,881 97,782
    MERCK & CO 37,454 79,466
    MICROSOFT 43,329 179,576
    MODELEZ INTERNATIONAL    
    NIKE    
    ORACLE CORP 59,958 71,563
    PFIZER    
    PHILIP MORRIS INTERNATIONAL 64,256 53,408
    PROCTOR & GAMBLE CO    
    QUALCOMM INC 75,261 66,585
    ROYAL DUTCH SHELL PLC 63,327 52,448
    SCHLUMBERGER LTD    
    STARBUCKS CORP 40,013 45,080
    TAPESTRY INC. 28,790 23,625
    TJX COS INC 28,644 53,688
    UNITED PARCEL SERVICE 59,564 78,024
    UNITED TECHNOLOGIES CORP 53,087 98,494
    UNITEDHEALTH GROUP 36,460 158,191
    US BANCORP DEL 43,667 36,560
    VERIZON 42,142 61,842
    WELLS FARGO & CO    
    WW GRAINGER INC    

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,045 ISHARE S&P MIDCAP 400 AT COST 70,318 173,533
    9,378 ISHARES CORE MSCI EMERGING AT COST 472,357 442,173
    800 ISHARES MSCI EMERGING MARKETS AT COST    
    1365 VANGUARD FTSE ALL WORLD AT COST 134,653 129,238
    5,038 ISHARES S&P SMALLCAP 600 AT COST 180,113 349,234
    2000 VANGUARD FTSE EUROPE ETF AT COST    
    9,650 ISHARES CORE MSCI EAFE ETF AT COST 559,161 530,750
    1500 VANGUARD FTSE PACIFIC ETF AT COST 91,501 90,945
    JPMORGAN ALERIAN MLP INDEX AT COST    

    TY 2018 OtherAssetsSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE   139 139
    STOCK SALE RECEIVABLE   125,440 125,440


    TY 2018 OtherDecreasesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Amount
    FEDERAL TAXES PAID AND REFUND 4,263
    PRIOR PERIOD ADJ 518


    TY 2018 OtherExpensesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 135     135
    COMPUTER EXPENSES 1,905     1,905
    MEETINGS 468     468
    OFFICE EXPENSES 8,841     8,841
    POSTAGE 765     765
    TELEPHONE 2,086     2,086


    TY 2018 OtherIncomeSchedule2
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION PROCEEDS 316   316
    COST BASIS ADJ PRIOR YEAR 102   102


    TY 2018 OtherIncreasesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Description Amount
    FMV DIFFERENCE DONATED STOCKS 73,396
    ROUNDING 1


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY 2,920     2,920
    INVESTMENT FEES 34,312 34,312    


    TY 2018 TaxesSchedule
    Name:
    THE STEPHEN PHILIBOSIAN FOUNDATION
    EIN:
    23-7029751
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 389 389    
    CA FEES 10     10