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 04-01-2018 , and ending 03-31-2019
Name of foundation
OLD LADIES HOME ASSOCIATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2034 EAST NORTHSIDE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
JACKSON, MS39211
A Employer identification number

64-0303089
B Telephone number (see instructions)

(601) 366-6623
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$45,083,623J 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) 513,537
2 Check bullet.............
3 Interest on savings and temporary cash investments 262,793 244,498 262,793
4 Dividends and interest from securities... 396,660 396,660 396,660
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,931,646
b Gross sales price for all assets on line 6a 6,443,839
7 Capital gain net income (from Part IV, line 2)... 1,474,741
8 Net short-term capital gain......... 47,171
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 209,184 0 209,184
12 Total. Add lines 1 through 11........ 3,313,820 2,115,899 915,808
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
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 15,710 12,568 15,710 3,142
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,001 0 5,001 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 55,866 55,529 55,866 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 76,577 68,097 76,577 3,142
25 Contributions, gifts, grants paid....... 1,449,607 1,449,607
26 Total expenses and disbursements. Add lines 24 and 25 1,526,184 68,097 76,577 1,452,749
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,787,636
b Net investment income (if negative, enter -0-) 2,047,802
c Adjusted net income (if negative, enter -0-)... 839,231
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 178,332 441,746 441,746
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) 4,121,069 Click to see attachment3,720,401 3,725,928
b Investments—corporate stock (attach schedule)....... 2,126,970 Click to see attachment2,718,520 6,713,431
c Investments—corporate bonds (attach schedule)....... 5,270,507 Click to see attachment6,620,683 6,569,298
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,379,650 Click to see attachment6,153,630 8,127,002
14 Land, buildings, and equipment: basis bullet172,076
Less: accumulated depreciation (attach schedule) bullet   172,076 172,076 172,076
15 Other assets (describe bullet) Click to see attachment19,124,958 Click to see attachment19,334,142 Click to see attachment19,334,142
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,373,562 39,161,198 45,083,623
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 17,911,802 19,484,733
25 Temporarily restricted............... 336,802 342,323
26 Permanently restricted............... 19,124,958 19,334,142
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 37,373,562 39,161,198
31 Total liabilities and net assets/fund balances (see instructions). 37,373,562 39,161,198
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
37,373,562
2
Enter amount from Part I, line 27a .....................
2
1,787,636
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
39,161,198
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
39,161,198
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 PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
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 5,872,405   4,969,098 903,307
b 47,171     47,171
c 524,263     524,263
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       903,307
b       47,171
c       524,263
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 1,474,741
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 47,171
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 1,374,741 25,885,359 0.053109
2016 3,376,493 26,505,958 0.127386
2015 515,067 25,424,124 0.020259
2014 1,340,419 25,934,477 0.051685
2013 484,416 23,957,321 0.020220
2
Total of line 1, column (d) .....................
2
0.272659
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
0.054532
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
25,479,848
5
Multiply line 4 by line 3......................
5
1,389,467
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
20,478
7
Add lines 5 and 6........................
7
1,409,945
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,452,749
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 20,478
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 20,478
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20,478
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 28,326
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 28,326
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 416
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 7,432
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,432 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bulletMS
    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
    Yes
     
    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 ofbulletANNE P WELLS Telephone no.bullet (601) 366-6623

    Located atbullet2034 EAST NORTHSIDE DRIVEJACKSONMS ZIP+4bullet39211
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JANE S ROPER PRESIDENT
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    ANNE W ROGERS SECRETARY
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    ANNE P WELLS TREASURER
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    MARILYN M MCCLENDON DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    CHARLOTTE W MCNEEL DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    SALLIE R MOSELEY DIRECTOR
    0.25     		0 0 0
    2034 EAST NORTHSIDE DRIVE
    JACKSON,MS39211
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 DIRECT FINANCIAL ASSISTANCE IS PROVIDED TO THE WILLARD F. BOND HOME, A LONG TERM BENEVOLENT RETIREMENT HOME, TO PROVIDE FOR EVERYDAY OPERATIONS OF A HOME FOR THE ELDERLY AND DISABLED. 499,607
    2 DIRECT FINANCIAL ASSISTANCE PROVIDED TO THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER MEMORY IMPAIRMENT AND NEURODEGENERATIVE DEMENTIA CENTER. 400,000
    3 DIRECT FINANCIAL ASSISTANCE PROVIDED TO HOSPICE MINISTRIES, INC. 275,000
    4 DIRECT FINANCIAL ASSISTANCE PROVIDED TO METHODIST REHABILITATION CENTER 200,000
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    25,205,905
    b
    Average of monthly cash balances.......................
    1b
    489,885
    c
    Fair market value of all other assets (see instructions)................
    1c
    172,076
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,867,866
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    25,867,866
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    388,018
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,479,848
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,273,992
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    1,452,749
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,452,749
    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
    20,478
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,432,271
    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  
    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......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		 
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    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
    0       0
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,452,749 1,384,034 3,389,195 515,067 6,741,045
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,452,749 1,384,034 3,389,195 515,067 6,741,045
    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...     		849,328 862,845 883,532 847,471 3,443,176
    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
    METHODIST REHABILITATION CENTER
    1350 EAST WOODROW WILSON
    JACKSON,MS39216     		    MEDICAL REHABILITATION 200,000
    UNIV OF MS MED CNTR MEMORY IMPAIRMENT AND NEURODEGENRATIVE DEMENTIA CENT
    2500 N STATE STREET
    JACKSON,MS39216     		    ELDERLY CARE 400,000
    WILLARD F BOND HOME
    7521 OLD CANTON ROAD
    MADISON,MS39110     		    NURSING HOME 499,607
    HOSPICE MINISTRIES INC
    450 TOWNE CENTER BLVD
    RIDGELAND,MS39157     		    HOSPICE CARE 275,000
    BAPTIST HEALTH FOUNDATION
    1225 N STATE ST
    JACKSON,MS39202     		    MEDICAL CARE 75,000
    Total .................................bullet 3a 1,449,607
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 262,793  
    4 Dividends and interest from securities....     14 396,660  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,931,646  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aINCREASE IN VALUE OF BENEFICIAL INTEREST IN TRUST HELD BY 3RD PARTIES     		    14 209,184  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,800,283 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,800,283
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    OLD LADIES HOME ASSOCIATION
     
    Employer identification number

    64-0303089
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number
    64-0303089
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    REGIONS BANK AS TRUSTEE OF CRAT UW OF GERTRUDE TURNER FBO O
     
    1900 5TH AVE N SUITE 2500
     
    BIRMINGHAM, AL35203

    		$ 161,865


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    REGIONS BANK R MASON STRICKER FOUNDATION FOR OLD LADIES HOM
     
    210 EAST CAPITOL STREET 3RD FLOOR
     
    JACKSON, MS39201

    		$ 298,905


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    UM WILLIAM H ELLSWORTH FOUNDATION
     
    PO BOX 1802
     
    PROVIDENCE, RI02901

    		$ 40,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number

    64-0303089
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    OLD LADIES HOME ASSOCIATION
          		Employer identification number

    64-0303089
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 15,710 12,568 15,710 3,142

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 23,622 23,871
    ALLY BANK 100,000 101,024
    AMERICAN EXPRESS BANK 100,000 99,586
    AMERICAN EXPRESS BANK 250,000 245,055
    AMERICAN EXPRESS CREDIT CORP 23,981 23,958
    AMERICAN HONDA FINANCE CORP 36,948 36,971
    AMGEN INC 26,808 26,351
    ANHEUSER-BUSCH INBEV WORLDWIDE INC 25,079 26,961
    APPLE INC 150,000 148,552
    APPLE INC 24,950 24,837
    APPLE INC 24,808 24,598
    ASTRAZENECA PLC 100,322 99,687
    AT&T CALLABLE DTD 5/4/15 4.5% 24,191 24,630
    BANK OF AMERICA CORP 23,436 24,918
    BANK OF AMERICA 157,698 155,305
    BANK OF NOVA SCOTIA/THE 22,570 22,828
    BANK OF NY MELLON CORP 150,621 153,816
    BERKSHIRE HATHAWAY FINANCE CORP 22,804 24,074
    BERKSHIRE HATHAWAY INC 153,088 151,536
    BIOGEN INC 49,089 47,982
    BP CAPITAL MARKETS AMERICA INC 25,023 25,917
    BMW BANK 100,000 101,023
    BMO HARRIS BANK 150,000 150,313
    BOFI FEDERAL BANK 150,000 145,996
    CAPITAL ONE FINL CORP 25,009 24,929
    CATERPILLER FIN. INC. 100,000 95,480
    CELTIC BANK 100,000 97,054
    CHUBB INSURANCE HOLDINGS INC 139,969 139,604
    CISCO SYSTEMS INC 25,925 25,310
    CISCO SYSTEMS INC 101,345 99,338
    CITIGROUP INC 35,963 35,910
    COCA COLA 100,094 100,748
    COMCAST CORP 25,564 26,317
    CSX CORP 22,991 23,593
    CVS HEALTH CORP 24,032 24,066
    DESTRA PREFERRED & INCOME SECURITIES FUND 100,385 102,417
    DODGE & COX INCOME FD 130,804 129,041
    DOWDUPONT INC 23,004 24,052
    DUKE ENERGY CORP 23,456 23,717
    ENTERGY ARKANSAS INC 130,314 127,312
    EQUINOR ASA 23,320 24,040
    FIFTH THIRD BANK 25,041 24,734
    FORD MOTOR CREDIT 25,437 24,823
    GENERAL ELECTRIC 26,385 23,804
    GILEAD SCIENCES INC 25,002 25,490
    GOLDMAN SACHS INC 23,709 23,732
    HSBC BANK USA 200,000 194,316
    HARLEY-DAVIDSON INC 102,849 97,170
    HORMEL FOODS CORPORATION 128,067 128,129
    IBM CORP 23,925 24,370
    IBM CORP 100,790 98,892
    IBM CREDIT LLC 23,997 24,509
    INTEL CORP 26,249 25,476
    JOHN DEERE CAPITAL CORP 25,133 24,958
    JOHNSON & JOHNSON 98,547 97,752
    JP MORGAN CHASE & CO. COM 106,790 103,899
    JP MORGAN CHASE & CO. COM 150,000 148,269
    JP MORGAN CHASE BANK 150,000 150,972
    JP MORGAN CHASE & CO. COM 50,306 49,917
    KROGER 26,690 24,850
    LLOYDS BANK GROUP 23,969 24,575
    MICROSOFT CORP 151,140 150,032
    MOLSON COORS BREWING CO 24,970 24,513
    MORGAN STANLEY 24,087 24,421
    MORGAN STANLEY 25,222 24,849
    NIKE INC 149,853 148,670
    OCCIDENTAL PETROLEUM CORP 99,163 99,465
    OPPENHEIMER TOTAL RETURN BOND FUND 57,925 58,113
    ORACLE CORP 102,936 100,411
    ORACLE CORP 23,940 23,997
    PIEDMONT FEDERAL SAVINGS BANK 175,000 177,247
    PIONEER BOND FUND CLASS 129,136 125,536
    PROVINCE OF BRITISH COLUMBIA CANADA 22,791 23,115
    PRUDENTIAL FINANCIAL 26,620 24,670
    QUALCOMM INC 254,658 244,275
    ROYAL BANK OF CANADA 23,999 23,995
    SIMON PROPERTY GRP 150,173 150,651
    SUNTRUST BKS 24,981 24,920
    TD AMERITRADE HOLDING CORP 23,947 24,836
    THE CHARLES SCHWAB CORPORATION SNR PIDI NTS 24,022 24,301
    TOYOTA MOTOR CREDIT 23,998 24,163
    TOYOTA MOTOR CREDIT CORP 25,512 24,474
    UBS BANK 175,000 176,594
    VALERO ENERGY 24,728 24,459
    VERIZON 24,032 24,883
    WALGREENS BOOTS ALLIANCE 25,096 25,480
    WALMART INC 24,946 25,949
    WALT DISNEY 101,706 98,895
    WELLS FARGO & CO 23,792 24,652
    WELLS FARGO & CO 98,217 97,709
    WELLS FARGO BANK 125,000 126,738
    WELLS FARGO & CO 23,994 23,931

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACE LTD 27,021 33,479
    AMAZON.COM INC 133,776 122,872
    AMERICAN EXPRESS CO 126,297 143,730
    APPLE INC 49,004 153,290
    AT&T 56,766 125,440
    BB&T CORP 134,620 120,001
    BLACKROCK INC 93,030 117,099
    BRISTOL MEYERS SQUIBB CO 149,408 124,809
    CISCO SYSTEMS INC 79,808 144,963
    CITIGROUP INC 115,268 115,045
    COCA COLA 16,728 755,149
    COLGATE PALMOLIVE 67,446 657,984
    DOLLAR GENERAL 63,880 91,503
    EXXON MOBILE CORP 163,057 989,638
    GOOGLE INC 71,789 111,805
    GOOGLE INC 72,128 113,811
    HELMERICH & PAYNE INC 133,387 112,509
    HESS CORP 133,513 122,267
    HONEYWELL INTERNATIONAL INC 71,033 110,926
    INTEL CORP 58,447 124,101
    JP MORGAN CHASE & CO. COM 44,056 116,819
    LYONDELLBASELL INDUSTRIES 35,549 30,269
    MERCK & CO 27,162 406,119
    NEXTERA ENERGY, INC. 55,212 114,059
    ORACLE SYSTEMS 13,102 156,672
    PROCTER & GAMBLE CO COM 73,963 608,693
    PRUDENTIAL FINANCIAL 66,894 125,876
    SALESFORCE.COM INC 99,770 103,732
    SCHLUMBERGER 139,327 134,065
    STRYKER CORP 60,014 106,068
    TARGET CORP 134,715 124,403
    UNION PACIFIC CORP 30,557 33,607
    WASTE MANAGEMENT INC 102,890 152,748
    WELLS FARGO & CO 18,903 109,880

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    US Government Securities - End of Year Book Value:

    2,165,118
    US Government Securities - End of Year Fair Market Value:

    2,166,964
    State & Local Government Securities - End of Year Book Value:


    1,555,283
    State & Local Government Securities - End of Year Fair Market Value:


    1,558,964


    TY 2018 InvestmentsOtherSchedule2
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY ADVISOR NEW INSIGHT S INST AT COST 888,098 1,363,609
    FRANKLIN MUTUAL DISCOVERY Z FUND AT COST 1,104,926 1,141,058
    GOLDMAN SACHS LARGE CAP GROWTH INSIGHTS FUND INSTITUTIONAL CLASS AT COST 145,677 145,946
    JOHN HANCOCK DISCIP VALUE AT COST 647,365 754,940
    JOHN HANCOCK DISCIP VALUE MID CAP AT COST 302,689 484,624
    JOHN HANCOCK INTERNATIONAL GROWTH AT COST 556,775 661,669
    JOHN HANCOCK STRATEGIC INCOME OPP AT COST 80,082 75,902
    JPMORGAN EQUITY INCOME AT COST 122,678 126,443
    MERIDIAN SMAL CAP GROWTH INVESTOR AT COST 194,943 257,438
    PARHAM BRIDGES MEMORIAL FUND AT COST 331,001 354,279
    PIONEER MULTI-ASSET ULTRASHORT INC FUND AT COST 113,156 113,356
    PIONEER STRATEGIC INCOME FUND AT COST 82,936 78,912
    T. ROWE PRICE EQUITY INCOME FUND AT COST 815,130 1,002,392
    T. ROWE PRICE GROWTH STOCK AT COST 267,251 748,172
    T. ROWE PRICE MID CAP GROWTH FUND AT COST 206,260 537,692
    THORNBURG INVEST INC AT COST 31,315 32,669
    UNDISCOVERED MGRS BEHAVIORAL VALUE AT COST 263,348 247,901

    TY 2018 OtherAssetsSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BENEFICIAL INTEREST IN PERPETUAL TRUST HELD BY THIRD PARTIES 19,124,958 19,334,142 19,334,142


    TY 2018 OtherExpensesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK AGENCY FEES / MGT FEES 47,722 47,722 47,722 0
    INSURANCE 7,280 7,280 7,280 0
    EXPENSES ALLOCATED TO TAX-EXEMPT INCOME 0 -337 0 0
    MISCELLANEOUS 650 650 650 0
    POSTAGE 214 214 214 0


    TY 2018 OtherIncomeSchedule2
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCREASE IN VALUE OF BENEFICIAL INTEREST IN TRUST HELD BY 3RD PARTIES 209,184   209,184


    TY 2018 TaxesSchedule
    Name:
    OLD LADIES HOME ASSOCIATION
    EIN:
    64-0303089
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 5,001 0 5,001 0