Form990-PF
Click to see attachment

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
DOUGLAS E STEWART AND VIRGINIA E STEWART
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1908
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ORLANDO, FL328021908
A Employer identification number

65-6389167
B Telephone number (see instructions)

(407) 237-5724
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$3,046,901J 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... 80,636 80,264  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 126,722
b Gross sales price for all assets on line 6a 709,771
7 Capital gain net income (from Part IV, line 2)... 126,722
8 Net short-term capital gain......... 0
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........ 207,358 206,986  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 68,171 24,085   44,085
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,500 0 0 2,500
c Other professional fees (attach schedule).... Click to see attachment 443 443   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,835 1,261   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,490 23   1,467
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,439 25,812 0 48,052
25 Contributions, gifts, grants paid....... 227,000 227,000
26 Total expenses and disbursements. Add lines 24 and 25 305,439 25,812 0 275,052
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -98,081
b Net investment income (if negative, enter -0-) 181,174
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......... 29,890 69,036 69,036
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......   Click to see attachment1,006,959 1,537,892
c Investments—corporate bonds (attach schedule).......   Click to see attachment277,991 272,144
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,635,208 Click to see attachment1,212,938 1,167,829
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) 2,665,098 2,566,924 3,046,901
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 2,665,098 2,566,924
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)..... 2,665,098 2,566,924
31 Total liabilities and net assets/fund balances (see instructions). 2,665,098 2,566,924
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
2,665,098
2
Enter amount from Part I, line 27a .....................
2
-98,081
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
28
4
Add lines 1, 2, and 3 ..........................
4
2,567,045
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
121
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,566,924
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 377. INTEL CORP COM   2012-12-20 2018-01-04
b 54. VODAFONE GROUP SPONS ADR     2018-01-17
c 13. ABBVIE INC COM   2016-02-03 2018-01-30
d 454. BAKER HUGHES, A GE CO     2018-01-31
e 167. CELGENE CORP COM     2018-01-31
220. APPLE INC COM   2008-02-07 2018-02-07
127. KRAFT HEINZ CO   2016-07-07 2018-02-22
96. TYSON FOODS INC CL A COM   2015-06-24 2018-02-22
6. ABBVIE INC COM   2017-02-17 2018-03-01
22. ASTRAZENECA PLC SPONS ADR   2016-07-22 2018-03-01
121. WHIRLPOOL CORP COM   2016-10-20 2018-03-16
590. WELLS FARGO & CO COM NEW     2018-03-20
234. MEDTRONIC PLC     2018-03-20
6. ABBVIE INC COM     2018-03-21
8. WELLTOWER INC REIT   2018-01-17 2018-03-21
107. FACEBOOK INC CL A COM     2018-03-29
15. BCE INC CDA COM US SHS   2014-07-17 2018-04-05
13. MERCK AND INC COM   2012-01-04 2018-04-05
8. BCE INC CDA COM US SHS   2014-07-17 2018-04-19
6. MERCK AND INC COM   2012-01-04 2018-04-19
754. COMCAST CORP COM CL A     2018-04-24
17. ASTRAZENECA PLC SPONS ADR     2018-05-08
13. MERCK AND INC COM   2012-01-04 2018-05-08
329. TYSON FOODS INC CL A COM   2015-06-24 2018-05-16
14. MERCK AND INC COM   2012-01-04 2018-06-20
6. OCCIDENTAL PETE CORP COM   2017-02-17 2018-06-20
6. TOTAL SA SPONS ADR     2018-06-20
12. MERCK AND INC COM   2012-01-04 2018-06-26
6. TOTAL SA SPONS ADR   2017-02-17 2018-06-26
9. OCCIDENTAL PETE CORP COM   2017-04-11 2018-07-30
14. PUBLIC SVC ENTERPRISE GROUP INC COM   2017-04-06 2018-07-30
12. TOTAL SA SPONS ADR   2017-02-17 2018-07-30
59. GOLDMAN SACHS GROUP INC COM     2018-08-09
30. SANOFI SPONS ADR     2018-08-10
19. ASTRAZENECA PLC SPONS ADR   2017-03-22 2018-08-15
31. SANOFI SPONS ADR   2016-02-25 2018-08-15
18. VERIZON COMMUNICATIONS COM     2018-08-15
23. ASTRAZENECA PLC SPONS ADR     2018-08-17
88. BROADCOM INC   2016-06-29 2018-08-23
21. LEAR CORP COM NEW   2013-07-30 2018-08-23
117. LEAR CORP COM NEW   2013-07-30 2018-09-18
14. VERIZON COMMUNICATIONS COM   2010-12-16 2018-09-20
11. TOTAL SA SPONS ADR   2017-02-17 2018-09-25
14. GARRETT MOTION INC   2016-12-02 2018-10-02
.5 GARRETT MOTION INC   2016-12-02 2018-10-12
293. BANK OF AMERICA CORP COM     2018-11-06
390. FORTUNE BRANDS HOME & SEC INC COM     2018-11-06
284. KRAFT HEINZ CO     2018-11-06
428. SYSCO CORP COM     2018-11-06
20. PUBLIC SVC ENTERPRISE GROUP INC COM     2018-11-09
.1667 RESIDEO TECHNOLOGIES INC   2016-12-02 2018-11-12
22. PFIZER INC COM     2018-11-13
7. PUBLIC SVC ENTERPRISE GROUP INC COM   2018-03-01 2018-11-13
9. PUBLIC SVC ENTERPRISE GROUP INC COM   2017-07-19 2018-11-13
37. PFIZER INC COM     2018-11-16
1196.172 DFA INTL CORE EQUITY-I   2017-11-17 2018-11-19
332.962 EATON VANCE FLTG-RT-I   2017-05-15 2018-11-19
694.927 HARTF SCH US S/M CAP OPP-I   2017-11-17 2018-11-19
24. RESIDEO TECHNOLOGIES INC   2016-12-02 2018-11-19
240. SCHLUMBERGER LTD COM     2018-11-19
1886. NABORS INDUSTRIES LTD COM   2015-03-11 2018-11-19
19. ASTRAZENECA PLC SPONS ADR     2018-12-03
7. PUBLIC STORAGE REIT     2018-12-03
12. VERIZON COMMUNICATIONS COM   2010-12-16 2018-12-03
198. DELTA AIR LINES INC DEL COM NEW   2014-03-25 2018-12-04
104. GOLDMAN SACHS GROUP INC COM     2018-12-04
84. INGERSOLL-RAND PLC COM     2018-12-04
23. COCA-COLA CO COM   2017-04-06 2018-12-06
6. PUBLIC STORAGE REIT     2018-12-06
20. ALLSTATE CORP COM   2012-09-07 2018-12-11
4. ALPHABET INC CL C   2006-10-06 2018-12-11
3. ALPHABET INC CL A   2006-10-06 2018-12-11
5. AMAZON INC COM   2017-10-09 2018-12-11
11. AMGEN INC COM   2009-06-09 2018-12-11
23. APPLE INC COM   2008-02-07 2018-12-11
20. ASSURANT INC COM   2018-12-04 2018-12-11
120. BANK OF AMERICA CORP COM   2009-10-28 2018-12-11
15. BERKSHIRE HATHAWAY INC CL B COM   2018-11-06 2018-12-11
10. BOEING CO COM   2018-12-04 2018-12-11
51. BOSTON SCIENTIFIC CORP COM   2018-01-31 2018-12-11
11. CIGNA CORP COM   2015-01-21 2018-12-11
30. CAPITAL ONE FINL CORP COM   2018-03-20 2018-12-11
12. CELGENE CORP COM   2018-11-06 2018-12-11
22. CHEVRON CORP COM   2003-01-09 2018-12-11
60. CISCO SYS INC COM   2016-07-27 2018-12-11
70. CITIZENS FINANCIAL GROUP INC   2015-08-19 2018-12-11
20. COGNIZANT TECH SOLUTIONS CRP COM   2018-03-29 2018-12-11
50. CORNING INC COM   2013-05-15 2018-12-11
13. COSTCO WHOLESALE CORP COM   2016-07-07 2018-12-11
30. CROWN CASTLE INTL CORP REIT   2016-08-23 2018-12-11
1673.64 DFA INTL CORE EQUITY-I   2017-11-17 2018-12-11
280.374 DFA SHORT-TERM EXTENDED QUALITY PORT   2014-10-02 2018-12-11
30. DELTA AIR LINES INC DEL COM NEW   2014-03-25 2018-12-11
15. DIGITAL REALTY TR INC REIT   2016-06-17 2018-12-11
25. WALT DISNEY CO COM   2009-06-09 2018-12-11
675.024 DOUBLELINE TOTAL RETURN BD-I   2013-02-14 2018-12-11
40. DOWDUPONT INC   2016-12-05 2018-12-11
18. EOG RESOURCES INC COM   2014-02-26 2018-12-11
20. EASTMAN CHEMICAL CO COM   2014-08-20 2018-12-11
677.201 EATON VANCE FLTG-RT-I   2017-05-15 2018-12-11
10. ECOLAB INC COM   2012-03-06 2018-12-11
10. ELECTRONIC ARTS INC COM   2018-08-23 2018-12-11
12. FACEBOOK INC CL A COM   2017-06-15 2018-12-11
35. FLOWSERVE CORP COM   2016-11-21 2018-12-11
575.954 HARTF SCH US S/M CAP OPP-I   2017-11-17 2018-12-11
23. HOME DEPOT INC COM   2009-06-09 2018-12-11
20. HONEYWELL INTL INC COM   2016-12-02 2018-12-11
50. INTEL CORP COM   2012-12-20 2018-12-11
3. INTUITIVE SURGICAL INC COM   2018-03-20 2018-12-11
11. MCDONALDS CORP COM   2018-03-16 2018-12-11
30. MERCK AND INC COM   2009-09-04 2018-12-11
65. MICROSOFT CORP COM   2012-04-27 2018-12-11
243.013 NEUBERGER BERMAN HIGH INCOME BD-I   2011-11-21 2018-12-11
15. NEXTERA ENERGY INC COM   2015-01-21 2018-12-11
30. NIKE INC CL B COM   2018-04-24 2018-12-11
10. NVIDIA CORP COM   2018-02-07 2018-12-11
35. OCCIDENTAL PETE CORP COM     2018-12-11
265.392 OPPENHEIMER DEVELOPING MKT-I   2017-11-20 2018-12-11
23. PNC FINL SVCS GROUP INC COM   2011-01-21 2018-12-11
90. PFIZER INC COM   2011-08-30 2018-12-11
910.931 PIMCO INVT GRADE CORP BD-I   2017-11-20 2018-12-11
12. PIONEER NATURAL RESOURCES CO COM   2018-11-20 2018-12-11
11. PROCTER & GAMBLE CO COM   2018-11-06 2018-12-11
12. RAYTHEON CO NEW COM   2016-05-16 2018-12-11
12. SALESFORCE COM INC COM   2018-02-07 2018-12-11
25. SCHLUMBERGER LTD COM   2009-06-09 2018-12-11
8. SNAP ON INC COM   2018-01-31 2018-12-11
8. TAKE-TWO INTERACTIVE SOFTWARE COM   2018-08-23 2018-12-11
15. THERMO FISHER SCIENTIFIC INC COM   2018-03-20 2018-12-11
20. TRACTOR SUPPLY CO COM   2018-09-18 2018-12-11
23. UNION PACIFIC CORP COM   2009-09-04 2018-12-11
8. UNITEDHEALTH GROUP INC COM   2016-06-01 2018-12-11
40. VERIZON COMMUNICATIONS COM   2018-11-06 2018-12-11
25. VISA INC CL A COM   2009-09-04 2018-12-11
18. WAL-MART STORES INC COM   2018-11-06 2018-12-11
25. INGERSOLL-RAND PLC COM   2016-06-29 2018-12-11
47. NOMAD FOODS LTD   2018-05-17 2018-12-11
1. PUBLIC STORAGE REIT   2017-07-31 2018-12-12
4. PUBLIC STORAGE REIT   2018-01-30 2018-12-12
797.267 EATON VANCE FLTG-RT-I   2017-05-15 2018-12-18
1468.788 NEUBERGER BERMAN HIGH INCOME BD-I   2011-11-21 2018-12-18
CAPITAL GAIN DIVIDENDS P    
(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 16,513   7,928 8,585
b 1,715   1,756 -41
c 1,521   739 782
d 14,531   26,089 -11,558
e 16,921   13,108 3,813
35,227   3,753 31,474
8,563   11,219 -2,656
7,188   4,279 2,909
690   371 319
725   683 42
19,522   20,139 -617
32,346   13,696 18,650
18,669   19,729 -1,060
678   351 327
423   478 -55
16,950   17,646 -696
643   683 -40
718   497 221
339   364 -25
353   229 124
25,185   13,222 11,963
605   524 81
737   497 240
22,477   14,663 7,814
854   535 319
499   397 102
357   306 51
729   458 271
361   304 57
752   577 175
715   625 90
775   608 167
13,867   10,860 3,007
1,257   1,198 59
728   585 143
1,259   1,232 27
959   691 268
877   702 175
18,277   13,525 4,752
3,444   1,440 2,004
18,117   8,023 10,094
753   486 267
719   557 162
242   166 76
8   6 2
8,251   4,544 3,707
17,689   16,306 1,383
15,130   25,021 -9,891
27,501   25,825 1,676
1,070   889 181
4   3 1
957   845 112
374   338 36
481   395 86
1,609   1,350 259
15,000   16,842 -1,842
3,000   3,003 -3
10,000   10,083 -83
504   484 20
11,508   16,873 -5,365
8,147   22,842 -14,695
759   571 188
1,494   1,469 25
701   417 284
11,554   6,809 4,745
19,589   15,541 4,048
8,820   5,240 3,580
1,129   983 146
1,272   1,228 44
1,687   770 917
4,226   837 3,389
3,201   628 2,573
8,387   4,964 3,423
2,155   556 1,599
3,948   392 3,556
1,834   1,927 -93
3,029   1,822 1,207
3,093   3,265 -172
3,344   3,543 -199
1,865   1,426 439
2,285   1,209 1,076
2,508   2,975 -467
835   901 -66
2,554   757 1,797
2,870   1,848 1,022
2,268   1,855 413
1,364   1,617 -253
1,614   784 830
2,926   2,114 812
3,502   2,776 726
20,000   23,565 -3,565
3,000   3,042 -42
1,698   1,032 666
1,752   1,520 232
2,824   635 2,189
7,000   7,662 -662
2,198   2,252 -54
1,865   1,683 182
1,494   1,636 -142
6,000   6,108 -108
1,564   594 970
850   1,270 -420
1,725   1,775 -50
1,590   1,629 -39
8,000   8,357 -357
4,008   560 3,448
2,800   2,165 635
2,392   1,051 1,341
1,520   1,292 228
2,052   1,788 264
2,338   919 1,419
7,136   2,082 5,054
2,000   2,136 -136
2,734   1,641 1,093
2,215   2,016 199
1,555   2,294 -739
2,288   3,046 -758
10,000   11,353 -1,353
2,882   1,392 1,490
3,962   1,695 2,267
9,000   9,656 -656
1,720   1,832 -112
1,030   1,005 25
2,088   1,575 513
1,687   1,328 359
1,055   1,470 -415
1,206   1,382 -176
860   1,032 -172
3,620   3,210 410
1,821   1,775 46
3,461   714 2,747
2,156   1,072 1,084
2,354   2,275 79
3,499   439 3,060
1,694   1,848 -154
2,493   1,539 954
890   841 49
205   203 2
820   770 50
7,000   7,191 -191
12,000   12,911 -911
      2,844
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       8,585
b       -41
c       782
d       -11,558
e       3,813
      31,474
      -2,656
      2,909
      319
      42
      -617
      18,650
      -1,060
      327
      -55
      -696
      -40
      221
      -25
      124
      11,963
      81
      240
      7,814
      319
      102
      51
      271
      57
      175
      90
      167
      3,007
      59
      143
      27
      268
      175
      4,752
      2,004
      10,094
      267
      162
      76
      2
      3,707
      1,383
      -9,891
      1,676
      181
      1
      112
      36
      86
      259
      -1,842
      -3
      -83
      20
      -5,365
      -14,695
      188
      25
      284
      4,745
      4,048
      3,580
      146
      44
      917
      3,389
      2,573
      3,423
      1,599
      3,556
      -93
      1,207
      -172
      -199
      439
      1,076
      -467
      -66
      1,797
      1,022
      413
      -253
      830
      812
      726
      -3,565
      -42
      666
      232
      2,189
      -662
      -54
      182
      -142
      -108
      970
      -420
      -50
      -39
      -357
      3,448
      635
      1,341
      228
      264
      1,419
      5,054
      -136
      1,093
      199
      -739
      -758
      -1,353
      1,490
      2,267
      -656
      -112
      25
      513
      359
      -415
      -176
      -172
      410
      46
      2,747
      1,084
      79
      3,060
      -154
      954
      49
      2
      50
      -191
      -911
       
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 2 126,722
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 276,672 3,472,756 0.079669
2016 273,300 3,327,546 0.082133
2015 260,919 3,546,176 0.073578
2014 256,920 3,695,460 0.069523
2013 244,081 3,505,694 0.069624
2
Total of line 1, column (d) .....................
2
0.374527
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
0.074905
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,467,797
5
Multiply line 4 by line 3......................
5
259,755
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,812
7
Add lines 5 and 6........................
7
261,567
8
Enter qualifying distributions from Part XII, line 4,.............
8
275,052
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 1,812
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 1,812
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 1,812
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,260
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,260
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,448
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,448 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletFL
    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 ofbulletSUNTRUST BANK Telephone no.bullet (407) 237-5724

    Located atbulletPO BOX 1908ORLANDOFL ZIP+4bullet328021908
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SUNTRUST BANK CO-TRUSTEE
    1     		48,171    
    PO BOX 1908
    ORLANDO,FL328021908
    DOUGLAS M STEWART CO-TRUSTEE
    1     		10,000    
    13500 QUAKING ASPEN PLACE
    ALBUQUERQUE,NM87111
    GARY LUING CO-TRUSTEE
    1     		10,000    
    2612 LAKE FRONT DR
    LAKE WALES,FL33853
    JOHN M FARELL CO-TRUSTEE
    1     		0    
    130 BLOOMFIELD DRIVE
    WEST PALM BEACH,FL33405
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    3,481,817
    b
    Average of monthly cash balances.......................
    1b
    38,789
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,520,606
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,520,606
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,809
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,467,797
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    173,390
    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
    173,390
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,812
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,812
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    171,578
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    171,578
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    171,578
    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
    275,052
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    275,052
    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
    1,812
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    273,240
    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 7 171,578
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 72,662
    b From 2014...... 78,697
    c From 2015...... 85,952
    d From 2016...... 110,815
    e From 2017...... 109,554
    fTotal of lines 3a through e........ 457,680
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 275,052
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 171,578
    e Remaining amount distributed out of corpus 103,474
    5 Excess distributions carryover applied to 2018. 0 0
    (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 5 561,154
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		72,662
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		488,492
    10 Analysis of line 9:
    a Excess from 2014.... 78,697
    b Excess from 2015.... 85,952
    c Excess from 2016.... 110,815
    d Excess from 2017.... 109,554
    e Excess from 2018.... 103,474
    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 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
    PALM BEACH STATE COLLEGE FDN
    4200 CONGRESS AVE
    LAKE WORTH,FL334614796     		NONE PC STEWART NURSING 40,000
    PALM BEACH STATE COLLEGE FDN
    4200 CONGRESS AVE
    LAKE WORTH,FL334614796     		NONE PC STEWART HONOR'S COLLEGE 20,000
    PALM BEACH STATE COLLEGE FDN
    4200 CONGRESS AVE
    LAKE WORTH,FL334614796     		NONE PC STEWART VOCATIONAL 20,000
    PALM BEACH STATE COLLEGE FDN
    4200 CONGRESS AVE
    LAKE WORTH,FL334614796     		NONE PC CENTER FOR TEACHING & 20,000
    PALM BEACH STATE COLLEGE FDN
    4200 CONGRESS AVE
    LAKE WORTH,FL334614796     		NONE PC STEWART FACULTY AWARDS 10,000
    FLORIDA ATLANTIC UNIVERSITY FDN INC
    325 W COLLEGE AVE
    TALLAHASSEE,FL32301     		NONE PC COLLEGE OF BUSINESS-STWEART 12,000
    FLORIDA ATLANTIC UNIVERSITY FDN INC
    325 W COLLEGE AVE
    TALLAHASSEE,FL32301     		NONE PC COLLEGE OF EDUCATION 20,000
    FLORIDA ATLANTIC UNIVERSITY FDN INC
    325 W COLLEGE AVE
    TALLAHASSEE,FL32301     		NONE PC CHARLES SCHMIDT COLLEGE OF 65,000
    GEORGETOWN UNIVERSITY
    3300 WHITEHEAVEN ST NW STE 3000
    WASHINGTON,DC20007     		NONE PC HILLTOP FIRST SCHOLARSHIP 20,000
    Total .................................bullet 3a 227,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 80,636  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 126,722  
    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)..   207,358  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    207,358
    (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:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,500     2,500

    TY 2018 GeneralExplanationAttachment
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Identifier Return Reference Explanation
    The compensation reported in column (c) is calculated based on periodic market values and/or the applicable fee agreement. It is not determined on an hourly basis and the reference to one hour per week is an estimate only. Corporate trustee services include, but are not limited to, administrative services such as fiduciary accounting, custody of assets, complying with tax filing requirements, complying with distribution provisions, and complying with federal and state laws applicable to private foundations, plus asset management services such as creating asset allocation strategies, investments reporting and reallocating and rebalancing of portfolios as necessary.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Name of Bond End of Year Book Value End of Year Fair Market Value
    594918BA1 MICROSOFT CORP 24,812 24,697
    313383MB4 FHLB 1.875% 6/12/20 49,684 49,513
    3133EHWU3 FFCB 50,000 47,108
    822582AM4 SHELL INTL FIN 4.375 51,669 50,863
    94974BFC9 WELLS FARGO & CO 3.5 51,443 49,834
    31331KZA1 FFCB 2.720% 9/19/22 50,383 50,129

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Name of Stock End of Year Book Value End of Year Fair Market Value
    277432100 EASTMAN CHEMICAL CO 18,151 18,497
    278865100 ECOLAB INC COM 8,549 21,218
    874054109 TAKE-TWO INTERACTIVE 9,936 7,926
    892356106 TRACTOR SUPPLY CO CO 16,947 15,937
    91324P102 UNITEDHEALTH GROUP I 19,848 41,105
    125523100 CIGNA CORP 17,530 30,387
    055622104 BP PLC SPONS ADR 5,411 5,005
    30231G102 EXXON MOBIL CORP COM 5,164 4,910
    370334104 GENERAL MILLS INC CO 2,799 2,064
    446150104 HUNTINGTON BANCSHARE 1,472 1,228
    89151E109 TOTAL SA SPONS ADR 2,175 2,296
    G491BT108 INVESCO LTD BERMUDA 1,491 921
    166764100 CHEVRON CORP COM 10,745 23,825
    46120E602 INTUITIVE SURGICAL I 17,656 19,636
    693475105 PNC FINL SVCS GROUP 16,925 31,098
    723787107 PIONEER NATURAL RESO 10,992 9,469
    92826C839 VISA INC CL A COM 5,203 39,054
    30303M102 FACEBOOK INC CL A CO 16,357 15,993
    02079K107 ALPHABET INC CL C 7,327 36,246
    110448107 BRITISH AMERN TOBACC 3,990 2,358
    00206R102 AT&T INC COM 6,007 5,879
    26441C204 DUKE ENERGY CORP COM 3,595 5,610
    023135106 AMAZON INC COM 34,368 57,075
    101137107 BOSTON SCIENTIFIC CO 20,750 26,222
    151020104 CELGENE CORP COM 12,235 10,447
    26875P101 EOG RESOURCES INC CO 14,866 13,866
    654106103 NIKE INC CL B COM 23,792 26,246
    806857108 SCHLUMBERGER LTD COM 12,935 7,938
    907818108 UNION PACIFIC CORP C 7,232 32,208
    084670702 BERKSHIRE HATHAWAY I 36,218 35,527
    25746U109 DOMINION RES INC VA 4,140 5,074
    718172109 PHILIP MORRIS INTL C 5,725 5,474
    00287Y109 ABBVIE INC COM 5,096 5,808
    192446102 COGNIZANT TECH SOLUT 14,961 11,744
    594918104 MICROSOFT CORP COM 24,136 81,459
    674599105 OCCIDENTAL PETE CORP 22,453 19,887
    755111507 RAYTHEON CO NEW COM 16,408 19,169
    931142103 WAL-MART STORES INC 25,765 23,381
    247361702 DELTA AIR LINES INC 9,044 13,124
    097023105 BOEING CO COM 17,715 16,125
    22160K105 COSTCO WHOLESALE COR 28,301 36,260
    580135101 MCDONALDS CORP COM 17,718 19,355
    65339F101 NEXTERA ENERGY INC C 17,837 28,333
    046353108 ASTRAZENECA PLC SPON 1,306 1,671
    191216100 COCA-COLA CO COM 4,584 5,587
    911312106 UNITED PARCEL SVC IN 3,972 3,414
    37733W105 GLAXOSMITHKLINE PLC 5,303 5,082
    02079K305 ALPHABET INC CL A 4,187 20,899
    26078J100 DOWDUPONT INC 21,166 20,108
    025537101 AMERICAN ELEC PWR IN 1,095 2,167
    69351T106 PPL CORP COM 3,063 3,315
    713448108 PEPSICO INC COM 2,547 3,314
    05534B760 BCE INC CDA COM US S 4,481 4,585
    136069101 CANADIAN IMPERIAL BK 4,064 3,429
    500754106 KRAFT HEINZ CO 1,524 1,119
    031162100 AMGEN INC COM 7,677 29,590
    037833100 APPLE INC COM 4,606 42,590
    14040H105 CAPITAL ONE FINL COR 14,636 22,601
    437076102 HOME DEPOT INC COM 6,206 43,814
    438516106 HONEYWELL INTL INC C 13,530 16,515
    458140100 INTEL CORP COM 12,912 28,815
    67066G104 NVIDIA CORP COM 21,944 13,484
    883556102 THERMO FISHER SCIENT 20,958 23,722
    92343V104 VERIZON COMMUNICATIO 18,104 32,608
    58933Y105 MERCK AND INC COM 13,385 33,391
    494368103 KIMBERLY-CLARK CORP 1,832 3,190
    842587107 SOUTHERN CO COM 3,337 3,601
    17275R102 CISCO SYS INC COM 23,617 33,234
    219350105 CORNING INC COM 8,668 17,582
    285512109 ELECTRONIC ARTS INC 9,650 5,997
    G47791101 INGERSOLL-RAND PLC C 12,316 18,246
    G6564A105 NOMAD FOODS LTD 12,344 11,620
    636274409 NATIONAL GRID PLC SP 4,243 4,030
    020002101 ALLSTATE CORP COM 8,928 19,170
    34354P105 FLOWSERVE CORP COM 10,127 13,345
    717081103 PFIZER INC COM 17,229 39,940
    742718109 PROCTER & GAMBLE CO 16,441 17,649
    79466L302 SALESFORCE COM INC C 15,831 19,587
    833034101 SNAP ON INC COM 18,343 16,854
    174610105 CITIZENS FINANCIAL G 18,521 20,781
    02209S103 ALTRIA GROUP INC COM 3,585 5,927
    92857W308 VODAFONE GROUP SPONS 6,722 4,434
    04621X108 ASSURANT INC COM 17,827 16,546
    060505104 BANK OF AMERICA CORP 19,044 38,143
    254687106 WALT DISNEY CO COM 7,139 30,812

    TY 2018 InvestmentsOtherSchedule2
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    233203371 DFA INTL CORE EQUITY AT COST 271,593 248,194
    997001VB5 HEWLET PACKARD - CLA      
    9970012C5 AMGEN INC CLASS ACTI      
    997001YB2 BAXTER INTERNATIONAL      
    253868103 DIGITAL REALTY TR IN AT COST 15,110 15,769
    277911491 EATON VANCE FLTG-RT- AT COST 88,697 85,452
    722005816 PIMCO INVT GRADE COR AT COST 160,344 149,907
    23320G521 DFA SHORT-TERM EXTEN AT COST 60,958 59,385
    9970012J0 PFIZER 2017 CLASS AC      
    997001284 FEDERAL HOME LOAN 20      
    997001VJ8 JOHNSON & JOHNSON -      
    258620103 DOUBLELINE TOTAL RET AT COST 152,338 140,863
    997001QH8 WASHINGTON MUTUAL IN      
    9970015J7 FACEBOOK - AB DATA 2      
    92276F100 VENTAS INC REIT AT COST 3,304 3,574
    64128K868 NEUBERGER BERMAN HIG AT COST 49,970 45,650
    997001ZE5 WYETH CLASS ACTION      
    997001FA5 AMERICAN INTL GROUP      
    683974604 OPPENHEIMER DEVELOPI AT COST 135,647 137,459
    997001151 BANK OF AMERICA CLAS      
    756109104 REALTY INCOME CORP R AT COST 1,136 1,702
    95040Q104 WELLTOWER INC REIT AT COST 1,753 2,846
    997001WJ7 AMERICAN INTL 2008 -      
    997001SG8 WYETH-CL ACT      
    22822V101 CROWN CASTLE INTL CO AT COST 18,778 21,943
    09257V201 BLACKSTONE ALT MULTI AT COST 164,750 161,820
    41665H235 HARTF SCH US S/M CAP AT COST 88,560 93,265

    TY 2018 OtherDecreasesSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Description Amount
    MF TIMING DIFFERENCE 17
    COST BASIS ADJUSTMENT 75
    AMORTIZATION CY TO NEXT YEAR 29


    TY 2018 OtherExpensesSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 23 23   0
    MEMBERSHIP FEE 750 0   750
    INSURANCE FEES 717 0   717


    TY 2018 OtherIncreasesSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Description Amount
    PURCHASE OF ACCRUED INTEREST FROM PY 28


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 443 443    


    TY 2018 TaxesSchedule
    Name:
    DOUGLAS E STEWART AND VIRGINIA E STEWART
    EIN:
    65-6389167
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,043 1,043   0
    FEDERAL TAX PAYMENT - PRIOR YE 1,314 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,260 0   0
    FOREIGN TAXES ON NONQUALIFIED 218 218   0