Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE RILEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4518 POPLAR SPRINGS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MERIDIAN, MS39305
A Employer identification number

64-0707746
B Telephone number (see instructions)

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$67,144,625J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,898,887 3,898,887  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -4,243,850
b Gross sales price for all assets on line 6a 21,989,960
7 Capital gain net income (from Part IV, line 2)... 6,514,345
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 221,286 221,286  
12 Total. Add lines 1 through 11........ -123,677 10,634,518  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 667,000 151,100   428,250
14 Other employee salaries and wages...... 68,300 6,830   54,640
15 Pension plans, employee benefits....... 161,373 18,045   119,812
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 22,398 5,600   5,450
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 104,314      
19 Depreciation (attach schedule) and depletion... Click to see attachment 98,588    
20 Occupancy.............. 82,398 16,480   49,389
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 96,040 5,026   73,814
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,300,411 203,081   731,355
25 Contributions, gifts, grants paid....... 932,036 3,451,821
26 Total expenses and disbursements. Add lines 24 and 25 2,232,447 203,081   4,183,176
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,356,124
b Net investment income (if negative, enter -0-) 10,431,437
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,847,984 3,211,560 3,211,560
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.......... 34,289    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 59,585,709 Click to see attachment47,760,623 47,760,623
c Investments—corporate bonds (attach schedule)....... 12,696,338 Click to see attachment12,722,486 12,722,486
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 124,105 Click to see attachment149,956 149,956
14 Land, buildings, and equipment: basis bullet3,788,451
Less: accumulated depreciation (attach schedule) bullet1,828,373 2,037,814 Click to see attachment1,960,078 3,300,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 76,326,239 65,804,703 67,144,625
Liabilities 17 Accounts payable and accrued expenses.......... 1,182 1,714
18 Grants payable................. 11,678,346 9,158,561
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) 333,303 Click to see attachment167,785
23 Total liabilities (add lines 17 through 22)......... 12,012,831 9,328,060
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.................. 64,313,408 56,476,643
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)..... 64,313,408 56,476,643
31 Total liabilities and net assets/fund balances (see instructions). 76,326,239 65,804,703
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
64,313,408
2
Enter amount from Part I, line 27a .....................
2
-2,356,124
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
165,518
4
Add lines 1, 2, and 3 ..........................
4
62,122,802
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,646,159
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
56,476,643
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 STOCKS & BONNDS P 2017-12-30 2018-12-31
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 21,989,960   15,475,615 6,514,345
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       6,514,345
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 6,514,345
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 3,889,658 69,575,924 0.055905
2016 3,527,508 64,727,470 0.054498
2015 3,373,789 64,783,391 0.052078
2014 2,631,732 64,576,711 0.040754
2013 1,541,371 58,860,587 0.026187
2
Total of line 1, column (d) .....................
2
0.229421
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
0.045884
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
70,069,843
5
Multiply line 4 by line 3......................
5
3,215,085
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
104,314
7
Add lines 5 and 6........................
7
3,319,399
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,202,297
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 1 104,314
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........................... 3 104,314
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- ..... 5 104,314
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 104,289
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 104,289
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 25
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.RILEYFOUNDATION.ORG
    14
    The books are in care ofbulletBECKY G FARLEY Telephone no.bullet (601) 481-1430

    Located atbullet4518 POPLAR SPRINGS DRIVEMERIDIANMS ZIP+4bullet39305
    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
    ROBERT B DEEN Jr PRESIDENT C00
    30.00     		173,000 62,579 0
    4518 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305
    MARTY DAVIDSON CHAIRMANCEOTREASURER
    20.00     		165,000 0 0
    BOX 3804
    MERIDIAN,MS39303
    MALCOLM PORTERA VP SECRETARY
    10.00     		55,000 0 0
    5105 YORKSHIRE LANE
    Tuscaloosa,AL35406
    BECKY G FARLEY EXECUTIVE DIRECTOR
    40.00     		113,000 47,637 0
    4518 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305
    EDWIN DOWNER DIRECTOR
    5.00     		20,250 0 0
    6600 POPLAR SPRINGS DRIVE
    Meridian,MS39305
    TOMMY DULANEY DIRECTOR
    5.00     		21,000 0 0
    BOX 2929
    MERIDIAN,MS39302
    MANNY MITCHELL DIRECTOR
    5.00     		20,000 0 0
    100 49TH AVENUE
    Meridian,MS39305
    CHRISTINE RILEY DIRECTOR
    5.00     		20,000 0 0
    3715 HIGHWAY 39 N
    Meridian,MS39305
    GAIL W RILEY DIRECTOR
    5.00     		20,000 0 0
    7651 STOCKTON AVE
    El Cerrito,CA94530
    MARY ANN RILEY DIRECTOR
    5.00     		20,000 0 0
    1805 36TH ST
    Meridian,MS39305
    RICHARD F RILEY JR DIRECTOR
    5.00     		19,500 0 0
    2630 THRUSH ROAD
    Charlottesville,VA22901
    WAYNE HENSON DIRECTOR
    5.00     		20,250 0 0
    9162 HWY 145N
    Quitman,MS39355
    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
    BEVERLY J BRYSON ADMINISTRATIVE
    40.00     		68,300 26,735 0
    7969 KING ROAD
    Meridian,MS39305
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    68,159,388
    b
    Average of monthly cash balances.......................
    1b
    2,660,389
    c
    Fair market value of all other assets (see instructions)................
    1c
    317,119
    d
    Total (add lines 1a, b, and c).........................
    1d
    71,136,896
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    71,136,896
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,067,053
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    70,069,843
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,503,492
    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
    3,503,492
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    104,314
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    104,314
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,399,178
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,399,178
    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
    3,399,178
    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
    4,183,176
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    19,121
    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
    4,202,297
    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
    104,314
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,097,983
    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 3,399,178
    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...... 197,899
    d From 2016...... 321,407
    e From 2017...... 446,049
    fTotal of lines 3a through e........ 965,355
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 4,202,297
    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..... 3,399,178
    e Remaining amount distributed out of corpus 803,119
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,768,474
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,768,474
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 197,899
    c Excess from 2016.... 321,407
    d Excess from 2017.... 446,049
    e Excess from 2018.... 803,119
    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:
    BECKY FARLEY
    4518 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305
    (601) 481-1430
    bThe form in which applications should be submitted and information and materials they should include:
    FOUNDATION APPLICATIONS PROVIDED UPON REQUEST
    cAny submission deadlines:
    REFER TO WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LAUDERDALE COUNTY MISSISSIPPI
    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
    BOY SCOUTS OF AMERICA
    P O BOX 3784
    Meridian,MS39303     		    SUMMER WORK PROGRAM 4,000
    BOYS AND GIRLS CLUBS OF EAST MS
    P O BOX 4202
    Meridian,MS39304     		    SCHOOL TO WORK PROGRAM 50,000
    EXPONENT PHILANTHROPY
    P O BOX 247
    Winooski,VT05404     		    OPERATING SUPPORT 750
    EAST MS FOOTHILLS LAND TRUST INC
    P O BOX 1608
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    FREE CLINIC OF MERIDIAN INC
    P O BOX 3724
    Meridian,MS39303     		    FREE MEDICAL CARE 25,000
    FREE CLINIC OF MERIDIAN INC
    P O BOX 3724
    Meridian,MS39303     		    SUMMER WORK PROGRAM 4,000
    CITY OF MERIDIAN
    601 23RD AVE
    Meridian,MS39301     		    WHEEL CHAIR ACCESSIBLE PLAYGROUND 50,000
    FOUNDATION FOR MISSISSIPPI HISTORY
    P O BOX 571
    Jackson,MS39205     		    CONTRIBUTION TO MUSEUMS 5,000
    MERIDIAN ART ASSOCIATION INC
    P O BOX 5773
    Meridian,MS39302     		    BUILDING RENOVATION 42,154
    MERIDIAN ART ASSOCIATION INC
    P O BOX 5573
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    WORKFORCE DEVELOPMENT CENTER RENOVATION 740,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    BEST EARLY EDUCATION PRACTICES 10,000
    MERIDIAN DISTRICT UMC
    6210 HWY 39 NORTH
    Meridian,MS39301     		    HANDICAP RAMPS 10,000
    MERIDIAN PERFORMING ARTS CENTER
    2440 NORTH HILLS ST
    Meridian,MS39305     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    EARLY CHILDHOOD EDUCATION PROJECT 10,000
    MERIDIAN SYMPHONY ASSOCIATION
    P O BOX 2171
    Meridian,MS39302     		    CLASSICAL CONCERTS 85,000
    MERIDIAN SYMPHONY ASSOCIATION
    P O BOX 2171
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    ALDERSGATE RETIREMENT COMMUNITY
    P O BOX 3846
    Meridian,MS39303     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI ARTS AND ENTERTAINMENT
    P O BOX 148
    Meridian,MS39302     		    CONSTRUCTION AND EXHIBITS 500,000
    MERIDIAN ARTS AND ENTERTAINMENT
    P O BOX 148
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI CHILDRENS MUSEUM
    P O BOX 55409
    Jackson,MS39202     		    EXPENSES TO SEEK FEDERAL FUNDING 2,972
    THE MONTGOMERY INSTITUTE
    P O BOX 1889
    Meridian,MS39302     		    SERVE STUDENTS IN GRADES 6-12 9,000
    MS INDUSTRIAL HERITAGE MUSEUM
    P O BOX 5031
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MS JUNIOR MISS PROGRAM
    P O BOX 582
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6249
    Mississippi State,MS39762     		    RENOVATION OF KRESS BUILDING 1,375,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6249
    Mississippi State,MS39762     		    RILEY SCHOLARS PROGRAM 25,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6249
    Mississippi State,MS39762     		    MASTER OF PHYSICIAN ASSISTANT STUDIES 133,333
    MISSISSIPPI STATE FOUNDATION
    P O BXO 6149
    Mississippi State,MS39762     		    HIGHER PROFILE ARTISTS FOR MSU RILEY CENTER 163,622
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVE
    Meridian,MS39301     		    ENSURING THE ARTS FOR ANY GIVEN CHILD 100,000
    HOPE VILLAGE FOR CHILDREN
    P O BOX 26
    Meridian,MS39302     		    VOCATIONAL TRAINING 12,000
    THE MONTGOMERY INSTITUTE
    P O BOX 1889
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    LOVE INC
    801 18TH AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MULTI COUNTY COMMUNITY SERVICE
    P O BOX 905
    Meridian,MS39302     		    HOMELESS PREVENTION 25,000
    THE SALVATION ARMY
    P O BOX 422
    Meridian,MS39302     		    AIR CONDITIONING EQUIPMENT 10,650
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA
    Atlanta,GA30303     		    OPERATING SUPPORT 7,340
    STATE GAMES OF MISSISSIPPI
    5201 14TH STREET
    Meridian,MS39307     		    SUMMER WORK PROGRAM 4,000
    THE HOUSING AUTHORITY OF MERIDIAN
    2425 E STREET
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    UNITED WAY OF EAST MISSISSIPPI
    P O BOX 3219
    Meridian,MS39303     		    SUMMER WORK PROGRAM 4,000
    Total .................................bullet 3a 3,451,821
    bApproved for future payment
    MERIDIAN COMM COLLEGE FOUNDATION
    910 HWY 19 NORTH
    Meridian,MS39307     		    WORKFORCE DEVELOPMENT CENTER RENOVATION 740,000
    MISSISSIPPI ARTS AND ENTERTAINMENT
    P O BOX 8148
    Meridian,MS39302     		    CONSTRUCTION AND EXHIBITS 3,000,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6249
    Mississippi State,MS39762     		    MASTER OF PHYSICIAN ASSISTANT STUDIES 666,667
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6249
    Mississippi State,MS39762     		    HIGHER PERFORMING ARTISTS 50,000
    MISSISSIPPI STATE UNIVERSITY FDN
    P O BOX 6249
    Mississippi State,MS39762     		    RENOVATION OF KRESS BUILDING 5,156,250
    Total .................................bullet 3b 9,612,917
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 3,898,887  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     15 221,286  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -4,243,850  
    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)..   -123,677  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -123,677
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Monthly accounting 5,898 1,475 0 1,325
    IRS filings 6,000 1,500 0 1,500
    Financial audit 10,500 2,625 0 2,625

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

    TY 2018 DepreciationSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2000-06-18 3,066,860 1,341,756 SL 40 76,671 0 0  
    BUILDING ADDITION 2001-06-14 13,858 5,710 SL 40 346 0 0  
    BINDING MACHINE 1999-08-02 300 300 SL 5 0 0 0  
    PROJECTOR 2001-08-16 4,815 4,815 SL 7 0 0 0  
    CANON POWERSHOOT 2003-01-24 922 922 SL 5 0 0 0  
    OFFICE SHREDDER 2006-05-17 460 460 SL 5 0 0 0  
    PAINTINGS 1999-12-31 800 800 SL 10 0 0 0  
    FURNISHINGS 2000-06-17 264,818 264,818 SL 10 0 0 0  
    FURNISHINGS 2000-06-17 671 671 SL 5 0 0 0  
    FURNISHINGS 2002-11-08 7,575 7,575 SL 10 0 0 0  
    FURNISHINGS 2005-08-24 6,561 6,561 SL 10 0 0 0  
    LAPTOP 2009-09-01 1,679 1,679 SL 5 0 0 0  
    DESKTOP COMPUTER 2010-05-26 1,503 1,503 SL 5 0 0 0  
    SERVER 2010-08-03 6,892 6,892 SL 5 0 0 0  
    PAINTINGS BOARD ROOM 2011-01-19 10,000 6,917 SL 10 1,000 0 0  
    HVAC REPAIRS 2011-03-15 22,075 14,900 SL 10 2,207 0 0  
    APPLE MACBOOK 2011-03-15 1,485 1,485 SL 5 0 0 0  
    CARPET 2011-08-16 6,033 3,819 SL 10 603 0 0  
    TABLES BOARD ROOM 2011-09-13 3,895 2,434 SL 10 389 0 0  
    SAVIN COPIER 2011-09-13 8,440 8,440 SL 5 0 0 0  
    FRAMED PHOTOTS 2012-03-20 1,867 1,075 SL 10 187 0 0  
    DISHWASHER 2012-05-07 1,163 648 SL 10 116 0 0  
    EXCERCISE EQUIPMENT 2012-10-09 3,554 1,864 SL 10 355 0 0  
    WORK STATION HP 2013-02-27 2,276 2,199 SL 5 77 0 0  
    DOUBLE GATE 2013-09-01 8,248 2,383 SL 15 550 0 0  
    GIFTS PROGRAM 2014-02-26 5,885 4,120 SL 5 1,177 0 0  
    HVAC SYSTEM 2014-02-28 47,500 8,313 SL 20 2,375 0 0  
    HP WORKSTATION 2014-04-25 2,536 1,775 SL 5 507 0 0  
    HP WORKSTATION 2014-05-19 1,279 896 SL 5 256 0 0  
    BOARD ROOM CHAIRS 2015-03-15 13,045 3,586 SL 10 1,304 0 0  
    PHONE SYSTEM 2015-06-18 11,304 5,652 SL 5 2,261 0 0  
    SMOKE DETECTORS 2015-06-18 2,478 1,240 SL 5 496 0 0  
    CAMERA SYSTEM 2015-06-18 3,488 1,745 SL 5 698 0 0  
    ACCESS CONTROL 2015-06-18 3,294 1,647 SL 5 659 0 0  
    BURGLAR ALARM SYSTEM 2015-06-18 3,923 1,962 SL 5 785 0 0  
    COMPUTER 2015-10-30 2,129 923 SL 5 426 0 0  
    LAPTOP 2015-10-30 2,534 1,098 SL 5 507 0 0  
    COMPUTER 2015-10-30 8,399 3,640 SL 5 1,680 0 0  
    CANON COLOR PRINTERS - 3 2016-05-16 2,100 630 SL 5 420 0 0  
    CAMERAS SECURITY 2016-09-19 5,238 1,572 SL 5 1,048 0 0  
    REFRIGERATOR 2016-10-20 2,404 360 SL 10 240 0 0  
    CAMERAS AND MONITOR 2018-02-13 2,987 0 SL 5 299 0 0  
    CAMERAS AND SENSOR 2018-02-28 1,129 0 SL 5 113 0 0  
    FIRE ALARM SYSTEM 2018-06-20 8,266 0 SL 10 413 0 0  
    SECURITY SYSTEM 2018-06-20 8,470 0 SL 10 423 0 0  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA 510,000 503,880 503,880
    COBANK 300,000 300,000 300,000
    JP MORGAN CHASE 330,000 322,575 322,575
    JP MORGAN CHASE 310,000 0 0
    WELLS FARGO 455,000 433,501 433,501
    VIACOM INC 400,000 429,264 429,264
    GOLDMAN SACHS 250,000 0 0
    METLIFE INC 250,000 0 0
    NATIONWIDE FINL 1,150,000 1,161,500 1,161,500
    KINDER MORGAN 550,000 592,515 592,515
    WELLS FARGO 450,000 0 0
    FIFTH THIRD BANCORP 103,000 0 0
    CHARTER COMMUNICATION 400,000 372,408 372,408
    MERRILL LYNCH 100,000 0 0
    HUMANA 250,000 0 0
    ENERGY TRANSFER PTRS 415,000 396,549 396,549
    NEWMONT MINING 105,000 0 0
    TIME WARNER CABLE 500,000 401,950 401,950
    KINROSS GOLD 1,065,000 1,017,075 1,017,075
    LEUCADIA NATIONAL 550,000 0 0
    CORTS AON 10,185 294,615 294,615
    ENBRIDGE INC 500,000 423,355 423,355
    JEFFERIES FINANCIAL 500,000 536,751 536,751
    KOHLS CORP 300,000 0 0
    HEWLETT PACKARD 720,000 672,070 672,070
    AT&T INC 550,000 541,205 541,205
    METLIFE INC 600,000 609,516 609,516
    ASSURED GTYUS 713,000 663,090 663,090
    AMERICAN INTL GROUP 460,000 524,400 524,400
    STIFEL FINANCIAL 17,000 348,840 348,840
    NEXTRA ENERGY 32,800 751,120 751,120
    TORCHMARK CORP 11,650 292,648 292,648
    THE SOUTHERN CO 32,900 717,549 717,549
    ENTERPRISE PRODUCTS 500,000 416,110 416,110
    AT&T INC 10,000 0 0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LAB 14232 SHS COMMON 1,029,401 1,029,401
    ALTRIA GROUP 49338 SHS COMMON 0 0
    AMERIGAS PTS 24050 SHS COMMON 0 0
    APPLE INC 19401 SHS COMMON 3,060,314 3,060,314
    ABBVIE INC 21119 SHS COMMON 1,946,961 1,946,961
    ALPHABET INC 493 SHS COMMON 515,165 515,165
    ATT 34839 SHS COMMON 0 0
    ATMOS ENERGY 19310 SHS COMMON 1,790,423 1,790,423
    AMAZON COM 861 SHS COMMON 1,293,196 1,293,196
    CISCO SYS 20445 SHS COMMON 885,882 885,882
    BROWN FORMAN 28950 SHS COMMON 0 0
    CATERPILLAR 18405 SHS COMMON 0 0
    COCA COLA 15609 SHS COMMON 739,086 739,086
    CVS HEALTH 5691 SHS COMMON 372,874 372,874
    KEURIG DR 39379 SHS COMMON 1,009,678 1,009,678
    ENERGY TRANSFER 80384 SHS COM 1,061,873 1,061,873
    EXXON MOBIL 3369 SHS COMMON 229,732 229,732
    FORTUNE BRANDS 14619 SHS COMM 0 0
    GENUINE PARTS 13000 SHS COMM 1,248,260 1,248,260
    INTEL CORP 6200 SHS COMMON 290,966 290,966
    INTUITIVE SURG 1133 SHS COMM 542,616 542,616
    HOME DEPOT 16082 SHS COMMON 2,763,209 2,763,209
    JOHNSON JOHNSON 10000 SHS COM 1,290,500 1,290,500
    JP MORGAN 7800 SHS COMMON 761,436 761,436
    KELLOG 15703 SHS COMMON 0 0
    LOCKHEED MARTIN 9900 SHS COMM 2,592,216 2,592,216
    MARATHON OIL 26700 SHS COMMON 1,575,567 1,575,567
    MARTIN MARIETTA 945 SHS COMMON 0 0
    MICROSOFT 7864 SHS COMMON 798,747 798,747
    MONDELEZ INTL 16300 SHS COMM 652,489 652,489
    MERCK 29307 SHS COMMON 2,239,348 2,239,348
    NEOGEN CP 28681 SHS COMMON 1,634,817 1,634,817
    NORFOLK SOUTH 11262 SHS COMM 1,684,119 1,684,119
    NETFLIX 1439 SHS COMMON 385,163 385,163
    PHILIP MORRIS 31980 SHS COMM 0 0
    PUBLIC STORAGE 8875 SHS COMM 1,796,389 1,796,389
    RAYTHEON 18100 SHS COMMON 2,775,635 2,775,635
    REALTY INCOM 30678 SHS COMMON 1,933,941 1,933,941
    SHERWIN WILLIAMS 6694 SHS COM 2,633,821 2,633,821
    TC PIPELINE 13200 SHS COMMON 0 0
    TRIMBLE 8090 SHS COMMON 0 0
    VERIZON COMM 19029 SHS COMMON 0 0
    UNITEDHEALTH 3093 SHS COMMON 770,528 770,528
    YUM BRANDS 25165 SHS COMMON 2,313,167 2,313,167
    YUM CHINA HLDGS 7595 SHS COMM 0 0
    ARCH CAP GROUP 22775 SHS PFD 463,016 463,016
    FIRST REPUBLIC 40000 SHS PFD 854,000 854,000
    HSBC HOLDINGS 2000 SHS PFD 0 0
    HSBC HOLDINGS 41000 SHS PFD 0 0
    RENAISSANCERE 6635 SHS PFD 163,685 163,685
    STATE ST CO 14000 SHS PFD 0 0
    KKR CO LP 11625 SHARES PFD 300,623 300,623
    PUBLIC STORAGE 16000 SHS PFD 364,800 364,800
    KKR CO LP 22000 SHARES PFD 570,680 570,680
    SCE TRUST IV 21000 SHS PFD 426,300 426,300

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Alternative Investment   0 0
    Accrued interest   149,956 149,956

    TY 2018 LandEtcSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 203,313 0 203,313 200,000
    Building and Additions 3,136,466 1,438,104 1,698,362 3,100,000
    Office Equipment 113,104 86,330 26,774 0
    Furnishings 335,568 303,939 31,629 0


    TY 2018 OtherDecreasesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Amount
    Unrealized gain on assets 5,646,159


    TY 2018 OtherExpensesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 17,981 4,495 0 4,495
    Office supplies 12,870 0 0 11,583
    Dues and subscriptions 8,708 0 0 2,648
    Postage 350 0 0 315
    Telephone 5,311 531 0 3,983
    Program expense 50,820 0 0 50,790


    TY 2018 OtherIncomeSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership distributions 221,286 221,286 0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Amount
    Change in deferred taxes 165,518


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred taxes 333,303 167,785


    TY 2018 TaxesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax on investment 104,314 0 0 0