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
Charles P Ferro Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)c/o Bonnie Ferro 88 Sunset Cliff
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Burlington, VT05408
A Employer identification number

22-3253710
B Telephone number (see instructions)

(802) 660-2765
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$4,734,358J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,019 1,019  
4 Dividends and interest from securities... 101,574 101,574  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 371,128
b Gross sales price for all assets on line 6a 1,540,571
7 Capital gain net income (from Part IV, line 2)... 371,128
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)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 473,721 473,721  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,750 10,975   50,775
14 Other employee salaries and wages...... 0 0   0
15 Pension plans, employee benefits....... 0 0   0
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... Click to see attachment 2,725 1,363   1,362
c Other professional fees (attach schedule).... Click to see attachment 45,745 45,745   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,729 529   0
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,130 0   4,130
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 250 0   250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,329 58,612   56,517
25 Contributions, gifts, grants paid....... 351,000 201,000
26 Total expenses and disbursements. Add lines 24 and 25 467,329 58,612   257,517
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,392
b Net investment income (if negative, enter -0-) 415,109
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 0 0 0
2 Savings and temporary cash investments......... 163,626 144,730 144,730
3 Accounts receivable bullet0
Less: allowance for doubtful accounts bullet0   0 0
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,450,288 Click to see attachment3,851,948 3,851,948
c Investments—corporate bonds (attach schedule)....... 678,396 Click to see attachment737,680 737,680
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,292,310 4,734,358 4,734,358
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 300,000 450,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) 0 0
23 Total liabilities (add lines 17 through 22)......... 300,000 450,000
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.................. 4,992,310 4,284,358
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 4,992,310 4,284,358
31 Total liabilities and net assets/fund balances (see instructions). 5,292,310 4,734,358
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
4,992,310
2
Enter amount from Part I, line 27a .....................
2
6,392
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,998,702
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
714,344
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,284,358
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
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 1,540,571 0 1,169,443 371,128
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a 0 0 0 371,128
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 371,128
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 247,747 5,008,571 0.049465
2016 229,942 4,680,057 0.049132
2015 244,859 4,950,277 0.049464
2014 239,275 5,069,875 0.047195
2013 219,193 4,673,651 0.046900
2
Total of line 1, column (d) .....................
2
0.242156
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
0.048431
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,153,970
5
Multiply line 4 by line 3......................
5
249,612
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,151
7
Add lines 5 and 6........................
7
253,763
8
Enter qualifying distributions from Part XII, line 4,.............
8
257,517
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 4,151
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 4,151
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 4,151
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,428
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 2428 7 2,428
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,723
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 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$ 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)
    bulletNY
    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 ofbulletBonnie Ferro Telephone no.bullet (802) 660-2765

    Located atbullet88 Sunset CliffBurlingtonVT ZIP+4bullet05408
    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
     
    No
    ........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
    Bonnie Ferro Co-Executive Director
    3.00     		25,750 0 0
    88 Sunset Cliff
    Burlington,VT05408
    Marianne Ferro Co-Executive Director
    3.00     		25,750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Vera Dosky Trustee
    1.50     		5,750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Edward Friedhoff Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Jennifer Ferro Lessieu Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Marc Ferro Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Maren Ferro Tripolitsiotis Trustee
    0.10     		0 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Michael Hund Non-Voting Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Mollie Hart Non-Voting Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    Will Hart Non-Voting Trustee
    0.10     		750 0 0
    c/o Bonnie Ferro 88 Sunset Cliff
    Burlington,VT05408
    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 Not Applicable 0
    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 Not Applicable 0
    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
    4,992,812
    b
    Average of monthly cash balances.......................
    1b
    239,645
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,232,457
    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
    5,232,457
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    78,487
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,153,970
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    257,699
    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
    257,699
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,151
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    4,151
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    253,548
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    253,548
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    253,548
    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
    257,517
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    257,517
    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
    4,151
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    253,366
    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 7 253,548
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 3,611
    d From 2016...... 0
    e From 2017...... 726
    fTotal of lines 3a through e........ 4,337
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 257,517
    a Applied to 2017, but not more than line 2a 1
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 253,548
    e Remaining amount distributed out of corpus 3,968
    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 8,305
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		8,305
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 3,611
    c Excess from 2016.... 0
    d Excess from 2017.... 726
    e Excess from 2018.... 3,968
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Bonnie Ferro
    88 Sunset Cliff
    Burlington,VT05408
    (802) 660-2765
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of request stating the organization's goals and objectives and the specific purpose of the grant which is sought.
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    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
    Michael J Fox Foundation for Parkinson's Research
    1702 Adams Avenue
    Dunmore,PA18509     		  PC OperatingSupport 2,500
    Friends of Appalachia Inc
    35 Pilgrim Lane
    Trumbull,CT06611     		  PC OperatingSupport 5,000
    The Hole in the Wall Gang Camp
    565 Ashford Center Road
    Ashford,CT06278     		  PC OperatingSupport 8,000
    Nova Southeastern University
    3301 College Avenue
    Fort Lauderdale,FL33314     		  PC OperatingSupport 10,000
    City Green
    171 Grove Street
    Clifton,NJ07013     		  PC OperatingSupport 3,000
    Academy of Saint Paul
    187 Wyckoff Avenue
    Ramsey,NJ07446     		  PC OperatingSupport 2,500
    One Bead Project
    30 High Street
    Hudson,OH44236     		  PC OperatingSupport 2,000
    Shelburne Farms
    1611 Harbor Road
    Shelburne,VT05482     		  PC OperatingSupport 2,500
    Vermont Works for Women
    32A Malletts Bay Avenue
    Winooski,VT05404     		  PC OperatingSupport 1,500
    Vermont Parks Forever
    PO Box 815
    Montpelier,VT05601     		  PC OperatingSupport 1,400
    Mobius Inc
    19 Marble Avenue 4
    Burlington,VT05401     		  PC OperatingSupport 2,000
    Worldwide Musicians United
    943 Urania Avenue A
    Encinitas,CA92024     		  PC OperatingSupport 3,000
    The Wyckoff Family YMCA
    691 Wyckoff Avenue
    Wyckoff,NJ07481     		  PC OperatingSupport 1,000
    Boys & Girls Club of Burlington
    62 Oak Street
    Burlington,VT05401     		  PC OperatingSupport 1,000
    Hope Hospice Care Camp BraveHeart
    1085 North Main Street
    Providence,RI02904     		  PC OperatingSupport 2,500
    Robin Hood Foundation
    826 Broadway
    New York,NY10003     		  PC OperatingSupport 3,000
    Greenwich Catholic School
    471 North Street
    Greenwich,CT06830     		  PC OperatingSupport 2,500
    Memorial Sloan Kettering Cancer Center
    1275 York Avenue
    New York,NY10065     		  PC OperatingSupport 2,500
    Dog Tag Bakery
    3206 Grace Street NW
    Washington,DC20007     		  PC OperatingSupport 15,000
    The Fresh Air Fund
    633 Third Avenue
    New York,NY10017     		  PC OperatingSupport 1,000
    Burlington City Arts Foundation
    135 Church Street
    Burlington,VT05401     		  PC OperatingSupport 600
    Posse Foundation
    14 Wall Street Suite 8A-60
    New York,NY10005     		  PC Operating Support 3,000
    Women Housing & Economic Development
    50 East 168th Street
    Bronx,NY10453     		  PC OperatingSupport 1,500
    Do it for Love Foundation
    360 Grand Avenue 350
    Oakland,CA94610     		  PC OperatingSupport 2,500
    Zack Latteri Foundation
    628 Birch Avenue
    River Vale,NJ07675     		  PC OperatingSupport 1,000
    Changing Perspectives Inc
    PO Box 694
    Bradford,VT05033     		  PC OperatingSupport 2,500
    Children's Literacy Foundation
    15631 Loomis Hill Road
    Waterbury Center,VT05677     		  PC OperatingSupport 1,000
    Lake Champlain Community Sailing Center
    PO Box 64818
    Burlington,VT05406     		  PC OperatingSupport 5,000
    Kids Helping Kids Inc
    110 Lenox Avenue Suite 102
    Stamford,CT06906     		  PC OperatingSupport 2,500
    Hannah's Haven
    5432 Yanceyville Road
    Browns Summit,NC27214     		  PC OperatingSupport 3,000
    Habitat for Humanity New York City
    111 John Street 23rd Floor
    New York,NY10038     		  PC OperatingSupport 2,000
    Children's Brain Tumor Foundation
    1460 Broadway
    New York,NY10036     		  PC OperatingSupport 3,000
    Ho-Ho-Kus Educational Foundation Inc
    PO Box 253
    Ho Ho Kus,NJ07423     		  PC OperatingSupport 1,500
    Total .................................bullet 3a 101,000
    bApproved for future payment
    The Hole in the Wall Gang Camp
    565 Ashford Center Road
    Ashford,CT06278     		  PC Operating & Capital Support 250,000
    Total .................................bullet 3b 250,000
    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 1,019  
    4 Dividends and interest from securities....     14 101,574  
    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 ............     		    18 371,128  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   473,721  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    473,721
    (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:  
    Part VI Line 7 - Tax Paid with the Original Return: 2,428


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VT CPA Firm Accounting Services 2,725 1,363   1,362

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly Traded Securities   Purchased   Unrelated Third Parties 1,540,571     1,169,443 371,128  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name of Bond End of Year Book Value End of Year Fair Market Value
    57676.296shs Bernstein Intermediate Duration Portfolio 737,680 737,680

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3961shs AB Small Cap Core 37,626 37,626
    29shs Adobe Inc 6,561 6,561
    27shs Alphabet Inc 27,952 27,952
    158shs Altria Group Inc 7,804 7,804
    184shs American Electric Power Co Inc 13,752 13,752
    44shs Anthem Inc 11,556 11,556
    133shs Apple Inc 20,979 20,979
    10shs AutoZone Inc 8,383 8,383
    574shs Bank of America Corp 14,143 14,143
    77shs Berkshire Hathaway Inc Del 15,722 15,722
    23shs Biogen Inc 6,921 6,921
    26shs Boeing Co 8,385 8,385
    3shs Booking Holdings Inc 5,167 5,167
    163shs CBRE Group Inc 6,527 6,527
    49shs CDW Corporation 3,971 3,971
    94shs Chevron Corporation 10,226 10,226
    184shs Cisco Systems Inc 7,973 7,973
    119shs Citigroup Inc 6,195 6,195
    76shs Cognizant Technology Solutions 4,824 4,824
    429shs Comcast Corp 14,607 14,607
    33shs Constellation Brands Inc 5,307 5,307
    43shs Costco Wholesale Corp-New 8,760 8,760
    221shs Cubesmart 6,340 6,340
    95shs Delta Airlines Inc 4,741 4,741
    38shs Dollar General Corporation 4,107 4,107
    35shs Edwards Lifesciences Corp 5,361 5,361
    63shs EOG Res Inc 5,494 5,494
    45shs Everest Re Group LTD 9,799 9,799
    73shs Exxon Mobil Corp 4,978 4,978
    100shs Facebook Inc 13,109 13,109
    66shs Fidelity National Information 6,768 6,768
    231shs Fidelity National Financial 7,263 7,263
    128shs Gilead Sciences Inc 8,006 8,006
    42shs Goldman Sachs Group Inc 7,016 7,016
    81shs Home Depot Inc 13,917 13,917
    66shs Honewell Intl Inc 8,720 8,720
    215shs HP Inc 4,399 4,399
    143shs Intel Corp 6,711 6,711
    172shs JPMorgan Chase & Co 16,791 16,791
    75shs Lyondellbasell Industries 6,237 6,237
    156shs MAGNA International Inc 7,090 7,090
    87shs Marathon Pete Corp 5,134 5,134
    44shs McDonalds Corp 7,813 7,813
    63shs Medtronic PLC 5,730 5,730
    123shs Merck & Co Inc 9,398 9,398
    268shs Microsoft Corp 27,221 27,221
    128shs Mid America Apartment 12,250 12,250
    124shs National-Oilwell Varco Inc 3,187 3,187
    147shs Nike Inc 10,899 10,899
    293shs Nisource Inc 7,428 7,428
    816shs Nokia Corporation 4,749 4,749
    41shs Norfolk Southern Corp 6,131 6,131
    25shs Northrop Grumman Corp 6,123 6,123
    228shs Oracle Corporation 10,294 10,294
    89shs Pepsico Inc 9,833 9,833
    352shs Pfizer Inc 15,365 15,365
    99shs Procter & Gamble Co 9,100 9,100
    115shs Progressive Corp-OH 6,938 6,938
    52shs Raytheon Co 7,974 7,974
    147shs Regency Centers Corporation 8,626 8,626
    100shs Ross Stores Inc 8,320 8,320
    86shs Royal Dutch Shell PLC 5,155 5,155
    24shs S&P Global Inc 4,079 4,079
    70shs Sun Communities Inc 7,120 7,120
    202shs Synchrony Financial 4,739 4,739
    72shs T Mobile US Inc 4,580 4,580
    55sh Texas Instruments Inc 5,198 5,198
    262shs TJX Companies Inc 11,722 11,722
    69shs Total System Services Inc 5,609 5,609
    12shs Ulta Beauty Inc 2,938 2,938
    64shs Unitedhealth Group Inc 15,944 15,944
    192shs US Foods Holding Corp 6,075 6,075
    205shs Verizon Communications 11,525 11,525
    21shs Vertex Pharmaceuticals Inc 3,480 3,480
    114shs VISA Inc 15,041 15,041
    142shs Walmart Inc 13,227 13,227
    89shs Walt Disney Co 9,759 9,759
    258shs Well Fargo & Co 11,889 11,889
    197 Xerox Corporation 3,893 3,893
    78shs Xilinx Inc 6,643 6,643
    87shs Zoetis Inc 7,442 7,442
    1765shs AB Discovery Value Fund 31,318 31,318
    3471shs AB Discovery Growth Fund 32,600 32,600
    16626shs Bernstein International Portfolio 238,581 238,581
    1948shs Bernstein Emerging Markets 45,604 45,604
    38716shs Overlay A Portfolio Class 1 460,720 460,720
    29361shs Overlay B Portfolio Class 1 297,718 297,718
    2000shs Coca Cola Com 94,700 94,700
    750shs Facebook Inc 98,318 98,318
    1000shs Microsoft Corp 101,570 101,570
    2000shs Twenty-First Century Fox Inc Class A 96,240 96,240
    400shs Vanguard Total Stk Mkt ETF 51,052 51,052
    750shs SPDR KBW Regional Banking ETF 35,093 35,093
    1000shs Sector SPDR Energy 57,350 57,350
    1500shs SPDR US Financial Sector ETF 35,730 35,730
    2636shs First Eagle Global Class 1 134,729 134,729
    11875shs T Rowe Price Capital Appreciaton FD 315,057 315,057
    33517shs Federated Strategic Value Dividend IS CL 174,961 174,961
    3351shs Blackrock HL SC Opp Inst 188,852 188,852
    6396shs FPA Crescent Fund 188,874 188,874
    22shs AAON Inc 771 771
    5shs ABiomed Inc 1,625 1,625
    29shs Activision Blizzard Inc 1,351 1,351
    20shs Advanced Disposal Services Inc 479 479
    27shs Aercap Hldgs NV 1,069 1,069
    132shs AES Corp 1,909 1,909
    35shs AIA Group LTD 1,151 1,151
    30shs Air Liquide ADR 740 740
    17shs Alexion Pharmaceuticals 1,655 1,655
    30shs Alibaba Grp Holding ADR 4,112 4,112
    6shs Align Tech Inc 1,256 1,256
    5shs Allergan PLC 668 668
    3shs Alphabet Inc 3,107 3,107
    19shs Altra Indl Motion Corp 478 478
    3shs Amazon Com Inc 4,506 4,506
    16shs American Intl Group Inc 631 631
    42shs Amneal Pharmaceuticals 568 568
    8shs AONLPLC 1,163 1,163
    17shs Apergy Corp 460 460
    8shs Aptargroup Inc 753 753
    27shs Argo Group Intl 1,816 1,816
    8shs Arkema-Sponsored ADR 680 680
    12shs ASML Holding NV 1,867 1,867
    42shs AT&T Inc 1,198 1,198
    3shs Baidu Inc ADR 476 476
    68shs Baker Hughes A GE Co 1,462 1,462
    9shs Balchem Corp Class B 705 705
    28shs Beacon Roofing Supply 888 888
    16shs Berry Global Group Inc 760 760
    5shs Bio-Techne Corp 724 724
    1sh Booking Hldgs Inc 1,723 1,723
    85shs Brenntag AG Unsp ADR 740 740
    76shs Bridgestone Crop 1,458 1,458
    10shs Bright Horizons Family Solution Inc 1,115 1,115
    14shs Bryn Mawr Bank Corp 482 482
    45shs Bunzl PLC 1,382 1,382
    11shs Burlington Stores Inc 1,789 1,789
    9shs Cabot Micorelectronics Corp 858 858
    7shs Calvo Growers Inc 511 511
    15shs Camden Natl Corp 540 540
    13shs Cantel Medical Corp 968 968
    37shs Catalent Inc 1,154 1,154
    13shs Centene Corp 1,499 1,499
    21shs Central PAC Finl Corp 511 511
    13shs Check Point Software Tech LTD 1,334 1,334
    21shs Chevron Corp 2,285 2,285
    73hshs Cisco Systems Inc 3,163 3,163
    44shs Citigroup Inc 2,291 2,291
    26shs Cohen & Steers Inc 892 892
    45shs Columbia Banking System Inc 1,633 1,633
    79shs Comcast Corp New CL A 2,690 2,690
    7shs Community BK Systems Inc 408 408
    124shs Compagnie Finaciere Richemont SA 800 800
    55shs Compass Grp PLC ADR 1,150 1,150
    15shs Conagra Brands Inc 320 320
    51shs Continental AG Spon ADR 703 703
    15shs Core Laboratories Inc 895 895
    7shs Coresite Realty Corp 610 610
    74shs Corning Inc 2,236 2,236
    20shs Corporate Office PPTYS 421 421
    28shs CRH PCL ADR 738 738
    30shs CSX Corp 1,864 1,864
    149shs Cypress Semiconductor Corp 1,895 1,895
    122shs Daikin Industries LTD 1,294 1,294
    58shs Dana Inc 791 791
    17shs DBS Group Holdings 1,185 1,185
    41shs Deutsche Boerse AG-unspo 489 489
    10shs Dolby Laboratories Inc 618 618
    27shs Dowdupont Inc 1,444 1,444
    8shs Eagle Bancorp Inc 390 390
    14shs Edwards Lifescience Corp 2,144 2,144
    10shs Ellie Mae Inc 628 628
    34shs Enbridge Inc 435 435
    14shs Equinor ASA ADR 296 296
    13shs Evercore Inc 930 930
    26shs Exlservice Holdings Inc 1,368 1,368
    24shs Facebook Inc 3,146 3,146
    123shs Ferguson LPLC Spon ADR 784 784
    82shs First Data Corp CL A 1,387 1,387
    15shs First Republic Bank 1,304 1,304
    7shs FirstService Corp 479 479
    12shs FLIR Systems Inc 523 523
    21shs Fluor Corp 676 676
    61shs Forum Energy Technologies Inc 252 252
    104shs Freeport-McMoran Inc 1,072 1,072
    60shs GALP Energia SGPS SA 466 466
    77shs General Electric Company 583 583
    10shs Genesee & Wyoming Inc 740 740
    21shs Gentherm Inc 840 840
    30shs Gilead Sciences Inc 1,877 1,877
    31shs Givaudan-Unspon-ADR 1,434 1,434
    17shs Globus Medical Inc 736 736
    95shs Graphic Packaging 1,011 1,011
    33shs Great Western Bancorp 1,031 1,031
    19shs Grubhub Inc 1,459 1,459
    24shs Hartford Finl Svcs Group 1,067 1,067
    23shs Healthcare Svcs Group 924 924
    29shs Heineken N V 1,275 1,275
    8shs Helen of Troy Limited 1,049 1,049
    9shs Henkel AG & Co 989 989
    9shs Hoya Corporation 541 541
    18shs Hudson Pacific PPTYS 523 523
    5shs ICU Med Inc 1,148 1,148
    6shs Illumina Inc 1,800 1,800
    57shs Infineon Technologies 1,139 1,139
    11shs Ingevity Corp 921 921
    10shs Innospec Inc 618 618
    24shs Integra Lifesciences Holdings Corp 1,082 1,082
    35shs Intercontinental Exch 2,637 2,637
    6shs International Business Machine Corp 682 682
    22shs John Wiley & Sons Inc 1,033 1,033
    49shs Johnson CTLS Intl PLC 1,453 1,453
    11shs Jones Lang Lasalle Inc 1,393 1,393
    31shs JPMorgan Chase & Co 3,026 3,026
    103shs Julius Baer Group LTD 727 727
    9shs J2 Global Inc 624 624
    83shs KAO Corp 1,237 1,237
    29shs KBC Groep NV 927 927
    9shs Kerry Group PLC 908 908
    24shs Keysight Techs Inc 1,490 1,490
    21shs L'Oreal Co ADR 959 959
    5shs Landstar Systems Inc 478 478
    1sh Lennar Corp CL B 32 32
    39shs Lennar Corp CL A 1,527 1,527
    6shs Littelfuse Inc 1,029 1,029
    68shs London Stock ADR 891 891
    31shs Lonza Group AG 806 806
    31shs Madden Steven LTD 938 938
    17shs Marathon Petroleum Corp 1,003 1,003
    7shs Marketaxess Holdings Inc 1,479 1,479
    5shs Masimo Corp 537 537
    10shs Medidata Solutions Inc 674 674
    15shs Medtronic PLC 1,364 1,364
    38shs Merck & Co Inc 2,904 2,904
    20shs Merit Medical Sys Inc 1,116 1,116
    23shs Metlife Inc 944 944
    14shs Molina Healthcare Inc 1,627 1,627
    7shs Honolithic Power Systems Inc 814 814
    35shs Monster Beverage Corp 1,722 1,722
    75shs National Australia Bank LTD 638 638
    14shs Nice LTD 1,515 1,515
    16shs Novartis AG 1,373 1,373
    13shs Nuvasive Inc 644 644
    36shs Nvent Electric PLC 809 809
    11shs Nvidia Corp 1,468 1,468
    9shs NXP Semiconductors NV 660 660
    9shs Ollie's Bargain Outlet Holdings Inc 599 599
    16shs Omnicell Inc 980 980
    11shs Omron Corp 397 397
    9shs Paycom Software Inc 1,102 1,102
    26shs Paypal Holdings Inc 2,186 2,186
    16shs Pentair PLC 604 604
    15shs Pepsico Incorporated 1,657 1,657
    41shs Pernod-Richard SA 1,342 1,342
    11shs Pool Corp 1,635 1,635
    7shs Power Integrations Inc 427 427
    23shs Prestige Consumer Healthcare 710 710
    39shs Primoris Services Corp 746 746
    23shs Procter & Gamble Co 2,114 2,114
    26shs Prudential PLC 920 920
    19shs PTC Inc 1,575 1,575
    14shs Qualys Inc 1,046 1,046
    7shs RBC Bearings Inc 918 918
    63shs Reckitt Benckiser ADR 954 954
    10shs Reliance Steel & Aluminum Co 712 712
    77shs Relx PLC 1,580 1,580
    31shs Rentokil Initial PLC 671 671
    62shs Roche Holdings LTD 1,927 1,927
    16shs Salesforce.com CRM 2,192 2,192
    79shs Samsonite International SA 1,119 1,119
    42shs Santen Pharmaceutical 600 600
    11shs SAP SE-Sponsored ADR 1,095 1,095
    46shs Scheider Electric SE-ADR 622 622
    29shs Schwab Charles Corp 1,204 1,204
    28shs Sensata Technologies 1,256 1,256
    12shs Servicenow Inc 2,137 2,137
    43shs SGS SOC GEN Surveillance ADR 967 967
    77shs SMC Corp Japan Spns ADR 1,145 1,145
    25shs Smiths Group PLC 432 432
    37shs Sonova Holding-Unsp ADR 1,213 1,213
    19shs South St Corp 1,139 1,139
    73shs SRC Energy Inc 343 343
    20shs STATE STR Corp 1,261 1,261
    33shs Suncor Energy Inc 923 923
    36shs Swedbank AB-ADR 806 806
    16sha Taiwan Semiconductor 591 591
    35shs Tapestry Inc 1,181 1,181
    4shs Target Corp 264 264
    36shs Technipfmc PLC 764 764
    50shs Techtronic Inds LTD 1,312 1,312
    32shs Terex Corporation New 882 882
    35shs Terreno Realty Crop 1,231 1,231
    12shs Texa Capital Bancshares 613 613
    12shs Texas Roadhouse Inc 716 716
    53shs Textron Inc 2,437 2,437
    12shs Toro Company 671 671
    21shs Total S.A. 1,096 1,096
    30shs Tower Semiconductor LTD 442 442
    9shs Toyota Mtr Corp 1,045 1,045
    86shs UBS Group AG 1,065 1,065
    8shs Ulta Beauty Inc 1,959 1,959
    14shs UMB Financial Corp 854 854
    6shs Unifirst Corp 858 858
    15shs Unilever NV 807 807
    13shs United Parcel Service-B 1,268 1,268
    15shs UnitedHealth Group 3,737 3,737
    23shs Valeo Sponsored ADR 335 335
    28shs VISA Inc Class A 3,694 3,694
    6shs Watsco Inc 835 835
    6shs WD-40 Company Common 1,100 1,100
    58shs Welbilt Inc 644 644
    15shs Western Digital Corp 554 554
    6shs Willis Towers Watson 911 911
    21shs XPO Logistics Inc 1,198 1,198
    38shs Zions Bancorp 1,548 1,548
    31shs Zoetis Inc 2,652 2,652
    232.585shs Aberdeen FDS Emerging Markets Fund 30,274 30,274
    1005.859shs DWS Enhanced Commodity Strategy Fund 9,525 9,525
    1749.392shs DWS RREEF Global Real Estate Securities Fund 14,660 14,660
    1873.036shs Eaton Vance Ser II 9,900 9,900
    989.213shs Hartford Mutl FDS Inc 24,918 24,918
    889.528shs Oppenheimer Dev Mkts 33,437 33,437
    1072.12shs PIMCO FDS PAC Invt 10,453 10,453
    376.964 T Rowe Price Real Est Fund 9,341 9,341
    2572.917shs Virtus Asset Tr Ceredex Mid Cap 26,372 26,372
    1251.765shs Wells Fargo FDS TR 15,660 15,660

    TY 2018 OtherDecreasesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Description Amount
    Unrealized Loss on Investments 714,344


    TY 2018 OtherExpensesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    New York State Corporate Fee 250 0   250


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Merrill Lynch Advisory Services Investment Management 26,668 26,668    
    Wells Fargo Advisory Services Investment Management 9,349 9,349    
    Bernstein Wealth Management Investment Management 9,728 9,728    


    TY 2018 TaxesSchedule
    Name:
    Charles P Ferro Foundation
    EIN:
    22-3253710
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes & ADR Fees 529 529   0
    Federal Excise Tax 1,200 0   0