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
FOSTER KARNEY TRUST FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 364
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OCEAN CITY, NJ08226
A Employer identification number

22-6441627
B Telephone number (see instructions)

(609) 399-5796
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$3,204,509J 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 5 5 5
4 Dividends and interest from securities... 165,284 165,284 165,284
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 62,895
b Gross sales price for all assets on line 6a 1,349,283
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 228,184 165,289 165,289
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,000 3,500    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,754      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 240      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,994 3,500   0
25 Contributions, gifts, grants paid....... 175,193 175,193
26 Total expenses and disbursements. Add lines 24 and 25 182,187 3,500   175,193
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 45,997
b Net investment income (if negative, enter -0-) 161,789
c Adjusted net income (if negative, enter -0-)... 165,289
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............. 1,500 1,681 1,681
2 Savings and temporary cash investments......... 35,455 48,912 48,912
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) bullet66,250
Less: allowance for doubtful accounts bullet   66,250 Click to see attachment66,250 66,250
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 6,927 Click to see attachment5,779 5,577
b Investments—corporate stock (attach schedule)....... 1,795,105 Click to see attachment1,795,942 2,579,444
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 650,495 Click to see attachment683,165 502,645
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,555,732 2,601,729 3,204,509
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund 1,599,529 1,599,509
29 Retained earnings, accumulated income, endowment, or other funds 956,203 1,002,220
30 Total net assets or fund balances (see instructions)..... 2,555,732 2,601,729
31 Total liabilities and net assets/fund balances (see instructions). 2,555,732 2,601,729
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
2,555,732
2
Enter amount from Part I, line 27a .....................
2
45,997
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,601,729
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,601,729
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 172,322 3,639,720 0.047345
2016 119,500 3,401,960 0.035127
2015 113,500 3,488,493 0.032536
2014 112,400 3,720,768 0.030209
2013 148,250 3,403,356 0.043560
2
Total of line 1, column (d) .....................
2
0.188777
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
0.037755
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,558,515
5
Multiply line 4 by line 3......................
5
134,352
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,618
7
Add lines 5 and 6........................
7
135,970
8
Enter qualifying distributions from Part XII, line 4,.............
8
175,193
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 1,618
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 1,618
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,618
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,396
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 1,396
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 9 222
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)
    bullet
    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 ofbulletJOHN QUINN Telephone no.bullet (609) 399-5796

    Located atbullet950 CENTRAL AVENUEOCEAN CITYNJ ZIP+4bullet08226
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet2015, 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
    Yes
     
    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
    JOHN QUINN TREASURER
    000.00     		0 0 0
    950 CENTRAL AVENUE
    OCEAN CITY,NJ08226
    EDWARD PRICE EXECUTIVE CO
    000.00     		0 0 0
    OCEAN CITY
    OCEAN CITY,NJ08226
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,500,476
    b
    Average of monthly cash balances.......................
    1b
    45,980
    c
    Fair market value of all other assets (see instructions)................
    1c
    66,250
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,612,706
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,612,706
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    54,191
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,558,515
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    177,926
    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
    177,926
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,618
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,618
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    176,308
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    176,308
    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
    176,308
    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
    175,193
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    175,193
    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
    1,618
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    173,575
    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 7 176,308
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 174,495
    b Total for prior years:2014, 20, 20 52,556
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 175,193
    a Applied to 2017, but not more than line 2a 174,495
    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..... 698
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		52,556
    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......     		52,556
    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 ..........     		175,610
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALCOVE CENTER
    376 TILTON RD
    NORTHFIELD,NJ08225     		N/A N/A GENERAL PURPOSE 2,000
    AMERICAN LEGION AUXILIARY POST 524
    PO BOX 363
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 13,393
    AMERICAN LEGION POST 524
    PO BOX 363
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 10,000
    ATLANTIC REGIONAL STAND DOWN
    1510 ADRIATIC AVE
    ATLANTIC CITY,NJ08401     		N/A N/A GENERAL PURPOSE 5,000
    ATLANTIC WOMENS CENTER
    1201 NEW ROAD SUITE 128
    LINWOOD,NJ08221     		N/A N/A GENERAL PURPOSE 9,500
    AVANZAR
    1201 NEW ROAD SUITE 128
    LINWOOD,NJ08221     		N/A N/A GENERAL PURPOSE 8,000
    BIG BROTHERS BIG SISTERS
    450 TILTON RD
    NORTHFIELD,NJ08225     		N/A N/A GENERAL PURPOSE 1,500
    CAPE ATLANTIC CITIZENS ALTERING THE
    959 ASBURY AVE
    OCEAN CITY,NJ08226     		N/A N/A GRNERAL PRRPOSE 3,500
    CASA
    321 SHORE ROAD STE 1
    SOMERS POINT,NJ08244     		N/A N/A GENERAL PURPOSE 18,000
    COMMUNITY FOOD BANK OF NJ
    6735 BLACKHORSE PIKE
    EGG HARBOR TWP,NJ08234     		N/A N/A GENERAL PURPOSE 2,000
    CONTACT CAPE ATLANTIC
    9500 VENTNOR AVE
    VENTNOR,NJ08402     		N/A N/A GENERAL PURPOSE 5,000
    COVENANT HOUSE-ATLANTIC CITY
    929 ATLANTIC AVE
    ATLANTIC CITY,NJ08401     		N/A N/A GENERAL PURPOSE 5,000
    FRIENDS OF MUSIC
    17 SIMPSON AVE
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 1,000
    GILDA'S CLUB SOUTH JERSEY
    700 NEW ROAD
    LINWOOD,NJ08234     		N/A N/A GENERAL PURPOSE 5,000
    JOHN R ELLIOTT HERO CAMPAGNE
    PO BOX 700
    SOMERS POINT,NJ08244     		N/A N/A GENERAL PURPOSE 5,000
    KIBBLE CUPBOARD
    PO BOX 353
    EGG HARBOR CITY,NJ08215     		N/A N/A GENERAL PURPOSE 1,000
    LITERACY VOLUNTEERS OF AMERICA-CAPE
    1301 ATLANTIC AVE STE 400
    ATLANTIC CITY,NJ08401     		N/A N/A GENERAL PURPOSE 3,500
    MARINE MAMMAL STRANDING CENTER
    PO BOX 773
    BRIGANTINE,NJ08203     		N/A N/A GRNERAL PURPOSE 1,500
    MASTERWORKS CHOIR
    PO BOX 762
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 1,000
    NJ RUN FOR THE FALLEN INC
    27 EVERGREEN DRIVE SOUTH
    BROWNS MILLS,NJ08015     		N/A N/A GENERAL PURPOSE 1,500
    OC HIGH SCHOOL SCHOLARSHIPS
    6TH ATLANTIC AVE
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 20,800
    OCEAN CITY YOUTH ATHELIC ASSOCIATIO
    PO BOX 161
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 500
    OPERATION FIRST RESPONSE
    20037 DOVE HILL ROAD
    CULPEPER,VA22701     		N/A N/A GENERAL PURPOSE 2,500
    RANCH HOPE FOR BOYS
    PO BOX 325
    ALLOWAY,NJ08001     		N/A N/A GENERAL PURPOSE 8,000
    SHORE MEDICAL HEALTH FOUNDATION
    100 MEDICAL CENTER WAY
    SOMERS POINT,NJ08244     		N/A N/A GENERAL PURPOSE 6,000
    ST JOHN'S LUTHERAN CHURCH
    1501 BAY AVENUE
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 500
    ST PETERS CHURCH
    8TH ST CENTRAL AVE
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 1,000
    SUNSHINE FOUNDATION
    PO BOX 866
    OCEAN CITY,NJ08226     		N/A N/A GENERAL PURPOSE 10,000
    THE NEW JERSEY WAVE PROGRAM
    1304 LAUREL OAK ROAD
    VOORHEES,NJ08043     		N/A N/A GENERAL PURPOSE 10,000
    THE WETLANDS INSTITUTE
    1075 STONE HARBOR BLVD
    STONE HARBOR,NJ08247     		N/A N/A GENERAL PURPOSE 3,000
    THEATRE COLLABORATIVE OF SO JERSEY
    PO BOX 427
    SOMERS POINT,NJ08244     		N/A N/A GENERAL PURPOSE 3,000
    TUCKERTON SEAPORT
    120 W MAIN STREET
    TUCKERTON,NJ08087     		N/A N/A GENERAL PURPOSE 1,500
    VOLUNTEERS IN MEDICINE
    423 N ROUTE 9
    CAPE MAY COURT HOUSE,NJ08210     		N/A N/A GRNERAL PURPOSE 6,000
    Total .................................bullet 3a 175,193
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        5
    4 Dividends and interest from securities....         165,284
    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 ............     		        62,895
    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)..     228,184
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    228,184
    (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:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,000 3,500    

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    MO ALTRIA INC 2011-04 PURCHASE 2018-07   35,749 17,570     18,179  
    AT & T INC 1987-05 PURCHASE 2018-07   2,891 1,107     1,784  
    AT & T INC 1987-05 PURCHASE 2018-07   12,060 4,618     7,442  
    AT & T INC 1988-07 PURCHASE 2018-07   6,012 2,302     3,710  
    AT & T INC 1992-07 PURCHASE 2018-07   15,030 5,755     9,275  
    AT & T INC 1995-11 PURCHASE 2018-07   31,682 12,131     19,551  
    BANK AMERICA 2012-12 PURCHASE 2018-08   31,000 31,228     -228  
    CATALENT INC 2018-11 PURCHASE 2018-06   49,834 56,587     -6,753  
    CISCO SYSTEMS INC 2017-11 PURCHASE 2018-05   51,786 44,665     7,121  
    COLGATE-PALMOLIVE CO 2012-10 PURCHASE 2018-02   45,364 34,290     11,074  
    CONCOPHILIPS 2015-04 PURCHASE 2018-09   56,451 49,266     7,185  
    DXC TECH CO PERSPECTA 2017-11 PURCHASE 2018-11   24,630 38,941     -14,311  
    IR INGERSOLL RAND 2018-03 PURCHASE 2018-08   44,076 55,659     -11,583  
    MEDP MEDPACE CORP 2018-09 PURCHASE 2018-11   16,596 19,352     -2,756  
    MEDP MEDPACE CORP 2018-09 PURCHASE 2018-11   11,071 12,909     -1,838  
    MEDP MEDPACE CORP 2018-09 PURCHASE 2018-11   5,530 6,448     -918  
    KKR & CO 2015-08 PURCHASE 2018-01   33,289 32,957     332  
    KKR & CO 2015-08 PURCHASE 2018-01   13,770 13,634     136  
    MERCH & CO 1992-11 PURCHASE 2018-03   42,630 18,443     24,187  
    NEXTRA ENERGY PARTNERS 2015-03 PURCHASE 2018-09   48,801 43,592     5,209  
    NORDIC AMERICAN OFFSHORE 2014-07 PURCHASE 2018-04   2,780 48,630     -45,850  
    NOVARTIS AG 2004-10 PURCHASE 2018-03   57,291 59,844     -2,553  
    PAYC PAYCOM SOFTWARE 2018-04 PURCHASE 2018-08   39,929 34,997     4,932  
    PHILIP MORRIS INT'L 2016-02 PURCHASE 2018-07   30,378 36,257     -5,879  
    PSX PHILLIPS 66 2018-04 PURCHASE 2018-06   79,872 68,317     11,555  
    PJT PTRNS INC 2015-10 PURCHASE 2018-09   4,094 274     3,820  
    PNC FINANCIAL SERVICES 2018-02 PURCHASE 2018-09   41,396 48,513     -7,117  
    P P G INDUSTRIES INC 2010-06 PURCHASE 2018-04   69,599 19,815     49,784  
    SCHW SCHWAB CHARLES 2017-09 PURCHASE 2018-01   30,888 24,981     5,907  
    SMG SCOTTS MIRACLE-GROW CO 2017-01 PURCHASE 2018-05   40,679 50,064     -9,385  
    TRAVLERS COMPANIES INC 2015-04 PURCHASE 2018-01   58,477 43,755     14,722  
    WELLS FARGO & CO 2009-01 PURCHASE 2018-03   14,997 58,999     -44,002  
    WILLIAMS COS INC 2014-06 PURCHASE 2018-03   19,554 43,779     -24,225  
    P P G INDUSTRIES INC 2012-11 PURCHASE 2018-05   66,731 36,741     29,990  
    LILLY ELI & CO 2018-06 PURCHASE 2018-08   4,219       4,219  
    FDTOX FIDELITY ADVISORY 2017-11 PURCHASE 2018-11   15,980 16,523     -543  
    FDAGX FIDERITY ADVISOR CONSUMER 2018-05 PURCHASE 2018-09   51,438 50,005     1,433  
    AGTHX GTOWTH FUND OF AMERICA 2015-09 PURCHASE 2018-03   28,407 25,005     3,402  
    AGTHX GROWTH FUND OF AMERICA 2016-10 PURCHASE 2018-03   29,544 26,005     3,539  
    AGTHX GROWTH FUND OF AMERICA 2016-12 PURCHASE 2018-03   28,407 25,005     3,402  
    BLACKSTONE GROUP 2015-02 PURCHASE 2018-09   28,049 33,549     -5,500  
    BLACKSTONE GROPU 2015-04 PURCHASE 2018-09   28,322 33,876     -5,554  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3 M MINN MINING 18,646 152,432
    ACE LTD MERGER CHUBB 45,621 54,902
    ALTRIA GROUP INC 93,806 98,780
    APPLE INC 43,678 47,322
    ARNC ARONIC INC 43,700 33,720
    AT & T 24,905 35,210
    AT & T 3,836 5,423
    AT & T 43,586 61,622
    AT & T 3,967 5,909
    AT &T 25,851 36,549
    BANKER AMERICAN CORP    
    BLACKSTONE GROUP 35,620 36,796
    BLACKSTONE GROUP 33,001 34,091
    BLACKSTONE GROUP 23,673 24,455
    BLACKSTONE GROUP 10,148 10,483
    BLACKSTONE MTGE INC 21,623 20,709
    BRG'A BLUEROCK 54,114 50,600
    BRISTOL MYERS SQUIB CO 60,544 77,970
    CATERILAR INC    
    CEDARFAIR 74,789 69,768
    CISCO SYSTEMS INC    
    COLGATE PALMOLIVE    
    CONCOPHILIPS    
    CRM SALESFORCE.COM INC 46,278 41,091
    CTL CENTRYLINK INC 10,937 8,406
    CTL CENTRYLINK INC 5,884 4,522
    CTL CENTRYLINK INC 2,783 2,139
    CTL CENTRYLINK INC 46,921 36,062
    CTL CENTRYLINK INC 1,960 1,506
    CTL CENTRYLINK INC 63,565 48,854
    CTL CENTRYLINK INC 1,991 1,530
    DIAGEO PLC NEW SOPONSORED 34,253 35,450
    DOMINION RESOURCES 12,450 64,314
    DUKE ENERGY/PROGRESS MERGER   57,476
    DXC TECHNOLOGY CO    
    EMN EASTMAN CHEMICAL 80,668 54,833
    EXXON 21,759 148,313
    IR INGERSOLL RAND 51,267 45,615
    JOHNSON & JOHNSON 7,262 19,358
    KKR & CO    
    LILLY ELI & CO 29,242 81,004
    LYB LYONDELLBASELL IND 44,357 33,264
    MERCK & CO    
    MICROSOFT CORP 52,571 81,256
    NEXTERA ENERGY PARTNERS    
    NORDIC AMERICAN OFFSHORE    
    NOVARTIS AG    
    NOW SERVICE INC 47,299 44,513
    NSP INSPERITY 30,855 23,340
    PAYC PAYCOM SOFTWARE INC 45,234 36,735
    PEP PEPSICO INC 92,717 88,384
    PHILIP MORRIS INT'L INC    
    PLD PROLOGIS INC 31,075 29,360
    PPG INDUDTRIES    
    PPG INDUSTRIES    
    PREXPROGRESSIVE ENERGY 14,147 264
    PRU PRUDENTIAL FINANCIAL INC 38,544 28,543
    PUBLIC SERVICE ENTERPRISE GROUP 42,144 171,765
    ROYAL DUTCH PETROLEUM 28,047 116,540
    SCHW SCHWAB CHARLES    
    SCOTTS MIRACLE=GROW CO    
    STOR STORE CAPITAL 50,420 62,282
    TEAM ATLASSIAN CORP 37,445 35,592
    TRAVELERS COMPANIES INC    
    UTX UNITED TECHNOLOGIES CORP 22,615 18,634
    UTX UNITED TECHNOLOGIES CORP 12,929 10,648
    VERIZON COMMUNICATION 62,983 134,928
    VISA 26,979 131,940
    WACHOVIA CORP/WELLS FARGO    
    WILLIAMS COS INC    
    WRK WESTROCK CO 37,253 24,242

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    US Government Securities - End of Year Book Value:

    5,779
    US Government Securities - End of Year Fair Market Value:

    5,577
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AGTHX GROWTH FUND OF AMERICA AT COST    
    AGTHX GROWTH FUND OF AMERICA AT COST    
    AGTHX STEELPATH MLP AT COST    
    FAGAX FIDELITY ADVISORY OPP AT COST 50,005 40,474
    FAGAX FIDELITY ADVISORY OPP   51,439 42,126
    FDTOX FIDELITY ADVISORY DIVERSIFIED AT COST 43,331 33,802
    GDV GABELLI DIV & INC TRUST AT COST 26,574 21,606
    GDV GABELLI DIV & INC TRUST AT COST 38,028 30,918
    GDV GABELLI DIV & INC TRUST AT COST 50,059 40,700
    GVD GABELLI DIV & INC TRUST AT COST 23,764 19,321
    MLPDX OPPENHEIMER C STEELPATH INCOME AT COST 24,945 17,010
    MLPDX OPPENHEIMIER AT COST 70,005 47,904
    MPLDX OPPENHEIMER C STEELPATH AT COST 260,010 177,926
    MPLDX OPPENHEIMER C STEELPATH AT COST 45,005 30,858

    TY 2018 OtherExpensesSchedule
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MISCELLONEOUS 240      


    TY 2018 OtherNotesLoansRcvblShortSch2
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Name of 501(c)(3) Organization Balance Due
    MASONIC LODGE
          		52,850
    STAR LODGE
          		13,400


    TY 2018 TaxesSchedule
    Name:
    FOSTER KARNEY TRUST FUND
    EIN:
    22-6441627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE 319      
    FOREIGN INCOME TAX 1,435