TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
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Go 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
MARGARET J EARLY CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1501 NJ2-130-03-31
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ085341501

A Employer identification number

27-1445246

B Telephone number (see instructions)

(609) 274-6834

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,085,723J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	65,050		61,205
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		107,580
b	Gross sales price for all assets on line 6a 713,659
7	Capital gain net income (from Part IV, line 2)...			107,580
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........	172,630		168,785
13	Compensation of officers, directors, trustees, etc.	29,320		11,728		17,592
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).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		4,748	624		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).......		31	31
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	34,099		12,383	0	17,592
25	Contributions, gifts, grants paid.......	100,000				100,000
26	Total expenses and disbursements. Add lines 24 and 25	134,099		12,383	0	117,592
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	38,531
b	Net investment income (if negative, enter -0-)			156,402
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,052	1,116	1,116
	2	Savings and temporary cash investments.........	98,293	129,568	129,568
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	222,049
	b	Investments—corporate stock (attach schedule).......	1,063,391	1,042,700	1,218,002
	c	Investments—corporate bonds (attach schedule).......	242,114	488,046	484,429
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............			1,116
	13	Investments—other (attach schedule)..........	269,736	269,639	251,492
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,896,635	1,931,069	2,085,723
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	1,896,635	1,931,069
	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).....	1,896,635	1,931,069
	31	Total liabilities and net assets/fund balances (see instructions).	1,896,635	1,931,069

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,896,635

Enter amount from Part I, line 27a .....................

38,531

Other increases not included in line 2 (itemize) bullet

115

Add lines 1, 2, and 3 ..........................

1,935,281

Decreases not included in line 2 (itemize) bullet

4,212

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,931,069

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	9. AETNA INC		2016-01-07	2018-01-02
b	11. AETNA INC		2016-11-15	2018-01-02
c	18. VALERO ENERGY CORP NEW		2011-11-28	2018-01-02
d	1. VALERO ENERGY CORP NEW		2015-09-09	2018-01-02
e	30. ACTIVISION BLIZZARD INC		2015-10-20	2018-01-03
	17. ACTIVISION BLIZZARD INC		2015-10-20	2018-01-10
	6. DOWDUPONT INC COM		2016-12-12	2018-01-10
	20. DOWDUPONT INC COM		2017-01-09	2018-01-10
	1. LOCKHEED MARTIN CORP		2015-07-14	2018-01-10
	31. VALERO ENERGY CORP NEW		2011-11-28	2018-01-10
	1. INVESCO LTD		2016-05-23	2018-01-10
	10. INVESCO LTD		2016-05-24	2018-01-10
	2. INVESCO LTD		2016-06-03	2018-01-10
	5. LOCKHEED MARTIN CORP		2015-07-14	2018-01-11
	28. INVESCO LTD		2016-05-24	2018-01-11
	6. INVESCO LTD		2016-06-03	2018-01-11
	5. INVESCO LTD		2016-05-24	2018-01-12
	1. INVESCO LTD		2016-06-03	2018-01-12
	5. GILEAD SCIENCES INC		2015-10-20	2018-01-17
	9. GILEAD SCIENCES INC		2015-11-18	2018-01-17
	3. GILEAD SCIENCES INC		2015-10-20	2018-01-18
	6. GILEAD SCIENCES INC		2015-11-18	2018-01-18
	25. ACTIVISION BLIZZARD INC		2015-10-20	2018-01-19
	2. ACTIVISION BLIZZARD INC		2016-02-22	2018-01-19
	5. GILEAD SCIENCES INC		2015-10-20	2018-01-19
	8. GILEAD SCIENCES INC		2015-11-18	2018-01-19
	1. AETNA INC		2015-12-31	2018-01-22
	1. AETNA INC		2016-01-04	2018-01-22
	5. AETNA INC		2016-01-05	2018-01-22
	1. AETNA INC		2016-01-07	2018-01-22
	13. CHEVRONTEXACO CORP		2017-01-05	2018-01-22
	4. GILEAD SCIENCES INC		2015-10-20	2018-01-22
	7. GILEAD SCIENCES INC		2015-11-18	2018-01-22
	2. NORTHROP GRUMMAN CORP		2015-07-14	2018-01-22
	13. PRAXAIR INC		2015-07-14	2018-01-22
	1. 3M CO		2012-09-24	2018-01-22
	9. UNITED HEALTH GROUP INC		2014-10-27	2018-01-22
	6. INVESCO LTD		2016-05-23	2018-01-22
	6. AETNA INC		2016-01-04	2018-01-23
	13. AETNA INC		2016-01-05	2018-01-23
	29. CHEVRONTEXACO CORP		2017-01-05	2018-01-23
	5. NORTHROP GRUMMAN CORP		2015-07-14	2018-01-23
	14. PRAXAIR INC		2015-07-14	2018-01-23
	11. 3M CO		2012-09-24	2018-01-23
	40. INVESCO LTD		2016-05-23	2018-01-23
	35. ACTIVISION BLIZZARD INC		2016-02-22	2018-01-24
	5. CHEVRONTEXACO CORP		2017-01-05	2018-01-24
	36. CARNIVAL CORP		2015-06-10	2018-01-25
	25. ACTIVISION BLIZZARD INC		2016-02-22	2018-01-26
	16. CHEVRONTEXACO CORP		2017-01-05	2018-01-29
	1. DR PEPPER SNAPPLE GROUP		2017-09-12	2018-01-29
	6. DR PEPPER SNAPPLE GROUP		2017-12-20	2018-01-29
	6. DR PEPPER SNAPPLE GROUP		2017-12-21	2018-01-29
	8. DR PEPPER SNAPPLE GROUP		2017-12-22	2018-01-29
	34. MERCK AND CO INC SHS		2015-07-14	2018-01-29
	9. MERCK AND CO INC SHS		2017-09-18	2018-01-29
	30. UNITED PARCEL SVC INC CL B		2015-07-14	2018-01-29
	11. UNITED PARCEL SVC INC CL B		2015-07-14	2018-01-30
	4000. AT&T INC		2008-12-03	2018-02-01
	1000. AT&T INC		2010-02-24	2018-02-01
	1000. AT&T INC		2010-08-31	2018-02-01
	6000. AT&T INC		2011-03-31	2018-02-01
	3000. AT&T INC		2013-04-18	2018-02-01
	7. GOLDMAN SACHS GROUP INC		2016-01-28	2018-02-05
	25. ACTIVISION BLIZZARD INC		2016-02-22	2018-02-06
	14000. GENERAL ELEC CAP CORP		2015-01-23	2018-02-06
	7. GOLDMAN SACHS GROUP INC		2016-01-28	2018-02-06
	5. GOLDMAN SACHS GROUP INC		2012-12-12	2018-02-08
	8. GOLDMAN SACHS GROUP INC		2012-12-13	2018-02-08
	17. ACTIVISION BLIZZARD INC		2016-02-22	2018-02-16
	8. NORTHROP GRUMMAN CORP		2015-07-14	2018-02-21
	6. 3M CO		2012-09-24	2018-02-21
	19000. COMCAST CORP		2015-12-07	2018-03-01
	17000. EUROPEAN INVESTMENT BANK		2017-03-09	2018-03-01
	1000. U.S. TREASURY NOTE		2015-03-26	2018-03-01
	11000. U.S. TREASURY NOTE		2015-09-02	2018-03-01
	9000. U.S. TREASURY NOTE		2016-08-03	2018-03-01
	5000. U.S. TREASURY NOTE		2017-03-09	2018-03-01
	1. GOLDMAN SACHS GROUP INC		2012-12-13	2018-03-05
	9. GOLDMAN SACHS GROUP INC		2012-12-17	2018-03-05
	56. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-19	2018-03-06
	3. GOODYEAR TIRE & RUBBER COMPANY COM		2017-01-10	2018-03-06
	13. HOME DEPOT INC USD 0.05		2014-09-09	2018-03-06
	2. HOME DEPOT INC USD 0.05		2015-07-14	2018-03-06
	44. KEYCORP NEW COM		2016-09-26	2018-03-12
	34. KEYCORP NEW COM		2016-09-27	2018-03-12
	6. LOCKHEED MARTIN CORP		2015-07-14	2018-03-12
	13. NEXTERA ENERGY INC SHS		2015-07-14	2018-03-12
	7. QUEST DIAGNOSTICS INC		2015-07-14	2018-03-12
	4. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-18	2018-03-13
	2. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-19	2018-03-13
	2. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-20	2018-03-13
	18. GOODYEAR TIRE & RUBBER COMPANY COM		2017-01-09	2018-03-13
	8. KEYCORP NEW COM		2016-09-26	2018-03-13
	6. KEYCORP NEW COM		2016-09-27	2018-03-13
	11. QUEST DIAGNOSTICS INC		2015-07-14	2018-03-13
	6. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-18	2018-03-14
	2. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-19	2018-03-14
	3. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-20	2018-03-14
	23. GOODYEAR TIRE & RUBBER COMPANY COM		2017-01-09	2018-03-14
	3. QUEST DIAGNOSTICS INC		2015-07-14	2018-03-14
	23. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-19	2018-03-23
	10. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-19	2018-03-26
	22. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-20	2018-03-26
	4. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-20	2018-03-27
	8. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-20	2018-03-28
	17. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-23	2018-03-28
	9. RAYTHEON CO		2015-06-15	2018-03-28
	18. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-23	2018-03-29
	7. GOODYEAR TIRE & RUBBER COMPANY COM		2016-05-24	2018-03-29
	7. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-18	2018-03-29
	13. GOODYEAR TIRE & RUBBER COMPANY COM		2016-10-18	2018-04-02
	15. RAYTHEON CO		2015-07-14	2018-04-02
	12. ROBERT HALF INTL INC		2016-10-27	2018-04-19
	2. ROBERT HALF INTL INC		2016-10-28	2018-04-19
	17. ROBERT HALF INTL INC		2016-10-27	2018-04-20
	3. ROBERT HALF INTL INC		2016-10-28	2018-04-20
	35000. U.S. TREASURY NOTE		2018-02-09	2018-04-27
	9. RAYTHEON CO		2015-07-14	2018-05-02
	18. ROBERT HALF INTL INC		2016-10-27	2018-05-02
	10. ROBERT HALF INTL INC		2016-10-27	2018-05-03
	5. CHEVRONTEXACO CORP		2017-01-05	2018-05-08
	9. CHEVRONTEXACO CORP		2018-01-10	2018-05-08
	64. HALLIBURTON COMPANY COM		2017-07-20	2018-05-08
	32. J P MORGAN CHASE & CO		2015-06-10	2018-05-08
	26. J P MORGAN CHASE & CO		2015-07-14	2018-05-08
	43. HALLIBURTON COMPANY COM		2017-07-20	2018-05-09
	11. HALLIBURTON COMPANY COM		2017-07-21	2018-05-09
	8. ROBERT HALF INTL INC		2016-10-27	2018-05-10
	25. GILEAD SCIENCES INC		2015-10-20	2018-05-11
	15. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-29	2018-05-11
	27. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-05-03	2018-05-11
	6. ROBERT HALF INTL INC		2016-10-27	2018-05-11
	5. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-29	2018-05-14
	9. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-05-03	2018-05-14
	3. AETNA INC		2016-01-04	2018-05-16
	49. CITIGROUP INC COM NEW		2012-10-31	2018-05-16
	11. CITIGROUP INC COM NEW		2016-06-03	2018-05-16
	11. CITIGROUP INC COM NEW		2016-07-13	2018-05-16
	9. HOME DEPOT INC USD 0.05		2014-09-09	2018-05-16
	8. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-29	2018-05-16
	12. AETNA INC		2016-01-04	2018-05-17
	38. CITIGROUP INC COM NEW		2012-10-31	2018-05-17
	8. CITIGROUP INC COM NEW		2016-06-03	2018-05-17
	8. CITIGROUP INC COM NEW		2016-07-13	2018-05-17
	9. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-29	2018-05-17
	21. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-30	2018-05-17
	11. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-01-30	2018-05-18
	6. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-06-10	2018-05-18
	12. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-06-11	2018-05-18
	4. PUBLIC SERVICE ENTERPRISE GROUP INC		2015-06-11	2018-05-21
	33. ROYAL DUTCH SHELL PLC		2017-05-04	2018-05-21
	34. ROYAL DUTCH SHELL PLC		2017-05-05	2018-05-21
	35. ROYAL DUTCH SHELL PLC		2017-05-08	2018-05-21
	4. ROYAL DUTCH SHELL PLC		2017-05-09	2018-05-21
	12. ROYAL DUTCH SHELL PLC		2017-11-01	2018-05-21
	108. TOTAL FINA ELF S.A. ADR		2015-07-14	2018-05-23
	6. TOTAL FINA ELF S.A. ADR		2017-02-22	2018-05-23
	20. TOTAL FINA ELF S.A. ADR		2017-02-23	2018-05-23
	26. CITIGROUP INC COM NEW		2012-10-31	2018-06-04
	2. ALPHABET INC SHS CL C		2012-08-28	2018-06-08
	2. ALPHABET INC SHS CL A		2012-06-29	2018-06-08
	26. APPLE COMPUTER INC COM		2012-06-29	2018-06-08
	15. BAXTER INTL INC COM		2017-04-11	2018-06-08
	8. CDW CORP		2015-09-09	2018-06-08
	19. CDW CORP		2015-09-10	2018-06-08
	27. CVS CORP		2012-09-24	2018-06-08
	48. DELTA AIR LINES INC		2016-02-22	2018-06-08
	9. DIAGEO PLC SPON ADR NEW		2015-07-14	2018-06-08
	8. DOWDUPONT INC COM		2013-10-22	2018-06-08
	40. DOWDUPONT INC COM		2013-10-23	2018-06-08
	6. DR PEPPER SNAPPLE GROUP		2017-09-06	2018-06-08
	1. DR PEPPER SNAPPLE GROUP		2017-09-07	2018-06-08
	11. EXELON CORP		2015-10-15	2018-06-08
	6. GOLDMAN SACHS GROUP INC		2012-12-17	2018-06-08
	17. HESS CORP		2016-02-12	2018-06-08
	6. HUMANA INC COM		2015-08-05	2018-06-08
	1. HUMANA INC COM		2015-08-06	2018-06-08
	34. J P MORGAN CHASE & CO		2012-06-13	2018-06-08
	9. KELLOGG COMPANY COMMON		2017-11-08	2018-06-08
	43. KONINKLIJKE PHILIPS ELECTRS		2017-03-21	2018-06-08
	34. KROGER COMPANY COMMON		2015-07-23	2018-06-08
	24. LENNAR CORP		2015-09-09	2018-06-08
	9. MARSH & MCLENNAN COS INC		2016-08-09	2018-06-08
	3. MARSH & MCLENNAN COS INC		2016-08-10	2018-06-08
	21. MATTEL INC		2017-07-31	2018-06-08
	41. MORGAN STANLEY DEAN WITTER & CO		2015-07-14	2018-06-08
	17. NORFOLK SOUTHERN CORP		2017-01-09	2018-06-08
	8. PACKAGING CORP AMER		2013-02-26	2018-06-08
	7. PHILIP MORRIS INTL INC		2015-07-14	2018-06-08
	11. SOUTHWEST AIRLINES CO		2015-07-10	2018-06-08
	24. SUNTRUST BANKS INC		2013-01-14	2018-06-08
	21. US BANCORP DEL		2012-07-25	2018-06-08
	27. US BANCORP DEL		2012-07-26	2018-06-08
	22000. U.S. TREASURY NOTE		2018-03-01	2018-06-08
	12000. U.S. TREASURY NOTE		2017-10-25	2018-06-08
	8. UNITED HEALTH GROUP INC		2014-10-27	2018-06-08
	32. URBAN OUTFITTERS INC		2017-03-08	2018-06-08
	34. FLEXTRONICS INTL LTD		2016-06-13	2018-06-08
	18. FLEXTRONICS INTL LTD		2016-06-14	2018-06-08
	30. CHEVRONTEXACO CORP		2017-01-05	2018-06-11
	1. CHEVRONTEXACO CORP		2017-01-26	2018-06-11
	1. ROYAL DUTCH SHELL PLC		2017-07-20	2018-06-11
	4. ROYAL DUTCH SHELL PLC		2017-07-25	2018-06-11
	2. ROYAL DUTCH SHELL PLC		2017-10-27	2018-06-11
	8. ROYAL DUTCH SHELL PLC		2017-10-30	2018-06-11
	9. ROYAL DUTCH SHELL PLC		2017-10-31	2018-06-11
	4. ROYAL DUTCH SHELL PLC		2017-11-01	2018-06-11
	38. SOUTHWEST AIRLINES CO		2015-07-10	2018-06-11
	16. SOUTHWEST AIRLINES CO		2015-08-05	2018-06-11
	1. ROYAL DUTCH SHELL PLC		2017-07-20	2018-06-12
	3. ROYAL DUTCH SHELL PLC		2017-07-25	2018-06-12
	1. ROYAL DUTCH SHELL PLC		2017-10-27	2018-06-12
	8. ROYAL DUTCH SHELL PLC		2017-10-30	2018-06-12
	9. ROYAL DUTCH SHELL PLC		2017-10-31	2018-06-12
	4. ROYAL DUTCH SHELL PLC		2017-11-01	2018-06-12
	4. MICROSOFT CORP COM		2015-11-18	2018-06-13
	21. MICROSOFT CORP COM		2016-01-06	2018-06-13
	5. MICROSOFT CORP COM		2016-01-20	2018-06-13
	8. ROYAL DUTCH SHELL PLC		2017-07-25	2018-06-13
	5. ROYAL DUTCH SHELL PLC		2017-10-27	2018-06-13
	16. ROYAL DUTCH SHELL PLC		2017-10-30	2018-06-13
	17. ROYAL DUTCH SHELL PLC		2017-10-31	2018-06-13
	10. ROYAL DUTCH SHELL PLC		2017-11-01	2018-06-13
	7. PRUDENTIAL FINL INC		2015-07-14	2018-06-14
	2. PRUDENTIAL FINL INC		2015-09-23	2018-06-14
	44. BRITISH AMERICAN TOBACCO		2018-01-23	2018-06-15
	40. BRITISH AMERICAN TOBACCO		2018-01-24	2018-06-15
	12. PRUDENTIAL FINL INC		2015-09-23	2018-06-15
	1. PRUDENTIAL FINL INC		2015-09-24	2018-06-15
	13. DIAGEO PLC SPON ADR NEW		2015-07-14	2018-06-18
	10. PRUDENTIAL FINL INC		2015-09-24	2018-06-18
	5. PRUDENTIAL FINL INC		2018-03-12	2018-06-18
	31. CITIGROUP INC COM NEW		2012-06-12	2018-06-19
	10. HOME DEPOT INC USD 0.05		2014-09-09	2018-06-19
	1. PRUDENTIAL FINL INC		2018-03-12	2018-06-19
	10. PRUDENTIAL FINL INC		2018-03-13	2018-06-19
	2. PRUDENTIAL FINL INC		2018-03-14	2018-06-19
	4. ORACLE CORPORATION		2017-07-12	2018-07-09
	50. ORACLE CORPORATION		2017-11-06	2018-07-09
	7. ORACLE CORPORATION		2017-11-08	2018-07-09
	29. URBAN OUTFITTERS INC		2017-03-09	2018-07-09
	9. URBAN OUTFITTERS INC		2017-03-09	2018-07-10
	8. BIOGEN IDEC INC		2016-08-23	2018-07-12
	23. DOWDUPONT INC COM		2017-03-22	2018-07-12
	29. DOWDUPONT INC COM		2017-04-17	2018-07-12
	18. MICROSOFT CORP COM		2017-06-21	2018-07-12
	43. PHILIP MORRIS INTL INC		2015-07-14	2018-07-12
	13. KEURIG DR PEPPER INC		2017-09-07	2018-07-13
	14. KEURIG DR PEPPER INC		2017-09-08	2018-07-13
	12. KEURIG DR PEPPER INC		2017-09-11	2018-07-13
	5. KEURIG DR PEPPER INC		2017-09-11	2018-07-16
	7. KEURIG DR PEPPER INC		2017-09-12	2018-07-16
	41. KROGER COMPANY COMMON		2015-07-23	2018-07-16
	47. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-13	2018-07-17
	6. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-16	2018-07-17
	21. KROGER COMPANY COMMON		2015-07-23	2018-07-17
	40. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-13	2018-07-18
	5. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-16	2018-07-18
	5. E TRADE FINL CORP		2017-10-04	2018-07-19
	8. E TRADE FINL CORP		2017-11-21	2018-07-19
	9. E TRADE FINL CORP		2017-11-22	2018-07-19
	13. E TRADE FINL CORP		2017-11-27	2018-07-19
	2. E TRADE FINL CORP		2017-11-28	2018-07-19
	2. E TRADE FINL CORP		2017-10-04	2018-07-20
	1. E TRADE FINL CORP		2017-11-21	2018-07-20
	1. E TRADE FINL CORP		2017-11-22	2018-07-20
	2. E TRADE FINL CORP		2017-11-27	2018-07-20
	1. E TRADE FINL CORP		2017-11-28	2018-07-20
	25. CVS CORP		2012-09-24	2018-07-31
	51. EXELON CORP		2015-10-15	2018-08-02
	6. EXELON CORP		2015-10-16	2018-08-02
	5. KROGER COMPANY COMMON		2015-07-23	2018-08-02
	5. CHEVRONTEXACO CORP		2015-07-14	2018-08-03
	6. EXELON CORP		2015-10-16	2018-08-03
	19. EXELON CORP		2015-10-19	2018-08-03
	47. KROGER COMPANY COMMON		2015-07-23	2018-08-03
	8. KROGER COMPANY COMMON		2016-06-03	2018-08-03
	37. KROGER COMPANY COMMON		2016-08-08	2018-08-03
	14. KROGER COMPANY COMMON		2016-08-09	2018-08-03
	19. KROGER COMPANY COMMON		2016-08-25	2018-08-03
	38. ORACLE CORPORATION		2015-07-21	2018-08-03
	1. ORACLE CORPORATION		2015-08-05	2018-08-03
	14. ROYAL DUTCH SHELL PLC		2017-06-22	2018-08-03
	35. SOUTHWEST AIRLINES CO		2015-07-10	2018-08-03
	27. CHEVRONTEXACO CORP		2015-07-14	2018-08-06
	29. KROGER COMPANY COMMON		2016-08-25	2018-08-06
	5. ROYAL DUTCH SHELL PLC		2017-06-22	2018-08-06
	9. ROYAL DUTCH SHELL PLC		2017-06-23	2018-08-06
	1. ROYAL DUTCH SHELL PLC		2017-07-20	2018-08-06
	23. ROYAL DUTCH SHELL PLC		2017-07-21	2018-08-06
	26. ROYAL DUTCH SHELL PLC		2017-07-24	2018-08-06
	51. NIELSEN HOLDINGS PLC SHS		2017-09-22	2018-08-06
	2. CHEVRONTEXACO CORP		2015-07-14	2018-08-07
	20. CHEVRONTEXACO CORP		2015-09-18	2018-08-07
	8. CHEVRONTEXACO CORP		2015-09-23	2018-08-07
	87. NIELSEN HOLDINGS PLC SHS		2017-09-22	2018-08-07
	25. CITIGROUP INC COM NEW		2012-10-31	2018-08-09
	3. URBAN OUTFITTERS INC		2017-03-09	2018-08-10
	15. URBAN OUTFITTERS INC		2017-03-30	2018-08-10
	4. URBAN OUTFITTERS INC		2017-03-09	2018-08-13
	18. URBAN OUTFITTERS INC		2017-03-30	2018-08-13
	41. PFIZER INC COM		2015-07-14	2018-08-16
	52. PFIZER INC COM		2015-08-06	2018-08-16
	11. ALTRIA GROUP INC		2017-12-13	2018-08-17
	21. ALTRIA GROUP INC		2017-12-13	2018-08-20
	39. ORACLE CORPORATION		2017-07-12	2018-08-20
	29. LOWES COMPANIES INC COM		2013-06-21	2018-08-22
	13. URBAN OUTFITTERS INC		2017-03-08	2018-08-22
	21. URBAN OUTFITTERS INC		2017-03-30	2018-08-22
	10000. US BANCORP		2016-01-27	2018-08-23
	13000. U.S. TREASURY NOTE		2017-09-20	2018-08-23
	9000. WELLS FARGO & COMPANY		2013-11-18	2018-08-23
	36. ORACLE CORPORATION		2015-08-05	2018-09-06
	25. FLEXTRONICS INTL LTD		2016-06-14	2018-09-07
	11. FLEXTRONICS INTL LTD		2016-06-15	2018-09-07
	33. FLEXTRONICS INTL LTD		2016-06-15	2018-09-10
	3. FLEXTRONICS INTL LTD		2016-06-16	2018-09-10
	37. FLEXTRONICS INTL LTD		2016-06-16	2018-09-11
	12000. U.S. TREASURY NOTE		2017-11-20	2018-09-12
	20000. VISA INC		2015-12-14	2018-09-12
	4. FLEXTRONICS INTL LTD		2016-06-16	2018-09-12
	11. FLEXTRONICS INTL LTD		2016-06-17	2018-09-12
	22. FLEXTRONICS INTL LTD		2016-06-24	2018-09-12
	51. FLEXTRONICS INTL LTD		2016-06-24	2018-09-13
	16. CARDINAL HEALTH INC COM		2018-01-16	2018-09-14
	10. CARDINAL HEALTH INC COM		2018-01-17	2018-09-14
	37. ORACLE CORPORATION		2017-05-17	2018-09-14
	7. ORACLE CORPORATION		2017-07-12	2018-09-14
	32. ORACLE CORPORATION		2017-08-16	2018-09-14
	36. ORACLE CORPORATION		2015-08-05	2018-09-14
	24. FLEXTRONICS INTL LTD		2016-06-24	2018-09-14
	29. FLEXTRONICS INTL LTD		2016-06-27	2018-09-14
	8. CARDINAL HEALTH INC COM		2018-01-16	2018-09-17
	5. CARDINAL HEALTH INC COM		2018-01-17	2018-09-17
	159. KEYCORP NEW COM		2016-09-26	2018-09-17
	16. KEYCORP NEW COM		2016-09-26	2018-09-17
	1. UNILEVER NV NY SHARE F NEW		2016-06-21	2018-09-17
	1. UNILEVER NV NY SHARE F NEW		2016-06-22	2018-09-17
	1. UNILEVER NV NY SHARE F NEW		2017-05-17	2018-09-17
	1. UNILEVER NV NY SHARE F NEW		2017-05-18	2018-09-17
	40. FLEXTRONICS INTL LTD		2016-06-27	2018-09-17
	13. FLEXTRONICS INTL LTD		2016-06-28	2018-09-17
	11. UNILEVER NV NY SHARE F NEW		2016-06-21	2018-09-18
	17. UNILEVER NV NY SHARE F NEW		2017-05-17	2018-09-18
	8. UNILEVER NV NY SHARE F NEW		2017-05-18	2018-09-18
	46. FLEXTRONICS INTL LTD		2016-06-28	2018-09-18
	7. FLEXTRONICS INTL LTD		2016-06-29	2018-09-18
	4. ORACLE CORPORATION		2015-08-05	2018-09-19
	19. ORACLE CORPORATION		2015-08-28	2018-09-19
	24. ORACLE CORPORATION		2015-08-31	2018-09-19
	24. ORACLE CORPORATION		2016-01-22	2018-09-19
	14. FLEXTRONICS INTL LTD		2016-06-29	2018-09-19
	30. ORACLE CORPORATION		2016-01-22	2018-10-02
	25. ORACLE CORPORATION		2016-02-12	2018-10-02
	6. GARRETT MOTION INC		2015-07-14	2018-10-04
	1. HESS CORP		2016-06-03	2018-10-04
	2. HESS CORP		2016-11-17	2018-10-04
	7. HESS CORP		2016-11-18	2018-10-04
	7. SUNTRUST BANKS INC		2015-07-14	2018-10-04
	2. SUNTRUST BANKS INC		2016-06-03	2018-10-04
	1. SUNTRUST BANKS INC		2016-06-24	2018-10-04
	1. SUNTRUST BANKS INC		2017-09-11	2018-10-04
	12. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-05
	.9 GARRETT MOTION INC		2015-07-14	2018-10-05
	3. HESS CORP		2016-06-03	2018-10-05
	5. HESS CORP		2016-11-17	2018-10-05
	13. HESS CORP		2016-11-18	2018-10-05
	26. SUNTRUST BANKS INC		2015-07-14	2018-10-05
	8. SUNTRUST BANKS INC		2016-06-03	2018-10-05
	1. SUNTRUST BANKS INC		2016-06-24	2018-10-05
	4. SUNTRUST BANKS INC		2017-09-11	2018-10-05
	19. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-08
	21. SUNTRUST BANKS INC		2015-07-14	2018-10-08
	7. SUNTRUST BANKS INC		2016-06-03	2018-10-08
	3. SUNTRUST BANKS INC		2017-09-11	2018-10-08
	10. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-09
	7. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-10
	17. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-11
	2. HESS CORP		2017-03-13	2018-10-11
	3. HESS CORP		2017-03-14	2018-10-11
	4. SUNTRUST BANKS INC		2016-06-24	2018-10-11
	10. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-12
	9. HESS CORP		2017-03-13	2018-10-12
	12. HESS CORP		2017-03-14	2018-10-12
	58. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-12	2018-10-12
	22. SUNTRUST BANKS INC		2016-06-24	2018-10-12
	27. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-12	2018-10-15
	72. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-16	2018-10-15
	6. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-16
	8. INTERPUBLIC GROUP OF COMPANIES INC		2017-10-16	2018-10-16
	6. QUEST DIAGNOSTICS INC		2015-07-14	2018-10-16
	6. ALLISON TRANSMISSION HLD		2018-03-28	2018-10-17
	3. ALLISON TRANSMISSION HLD		2018-05-16	2018-10-17
	6. ALLISON TRANSMISSION HLD		2018-05-17	2018-10-17
	14. QUEST DIAGNOSTICS INC		2015-07-14	2018-10-17
	14. ALLISON TRANSMISSION HLD		2018-05-17	2018-10-18
	12. QUEST DIAGNOSTICS INC		2015-10-30	2018-10-18
	2. ALLISON TRANSMISSION HLD		2018-05-17	2018-10-22
	10. ALLISON TRANSMISSION HLD		2018-05-18	2018-10-22
	1. ALLISON TRANSMISSION HLD		2018-05-18	2018-10-22
	10. HOME DEPOT INC USD 0.05		2014-09-09	2018-10-22
	10. QUEST DIAGNOSTICS INC		2015-10-30	2018-10-22
	4. QUEST DIAGNOSTICS INC		2015-11-02	2018-10-22
	9. HOME DEPOT INC USD 0.05		2014-09-09	2018-10-25
	9. HOME DEPOT INC USD 0.05		2014-09-09	2018-10-25
	7. HOME DEPOT INC USD 0.05		2014-09-09	2018-10-31
	6. HUMANA INC COM		2015-08-06	2018-10-31
	20. J P MORGAN CHASE & CO		2015-06-10	2018-10-31
	194. GENERAL ELECTRIC CO		2015-07-14	2018-11-01
	1. CDW CORP		2015-09-14	2018-11-05
	3. CDW CORP		2015-09-15	2018-11-05
	5. DOWDUPONT INC COM		2017-02-21	2018-11-05
	20. DOWDUPONT INC COM		2017-04-13	2018-11-05
	7. DOWDUPONT INC COM		2017-04-17	2018-11-05
	30. GENERAL ELECTRIC CO		2015-07-14	2018-11-05
	28. GENERAL ELECTRIC CO		2015-08-05	2018-11-05
	44. MORGAN STANLEY DEAN WITTER & CO		2015-07-14	2018-11-05
	14. NEXTERA ENERGY INC SHS		2015-07-14	2018-11-05
	28. PROCTER & GAMBLE CO COM		2015-07-14	2018-11-05
	14. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-05-17	2018-11-05
	20. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-06-22	2018-11-05
	.5 RESIDEO TECHNOLOGIES INC		2015-07-14	2018-11-05
	11. RESIDEO TECHNOLOGIES INC		2015-07-14	2018-11-05
	5. US BANCORP DEL		2012-07-26	2018-11-05
	13. US BANCORP DEL		2016-04-05	2018-11-05
	4. CDW CORP		2015-09-14	2018-11-06
	8. CDW CORP		2015-09-15	2018-11-06
	138. GENERAL ELECTRIC CO		2015-08-05	2018-11-06
	87. GENERAL ELECTRIC CO		2015-08-27	2018-11-06
	98. GENERAL ELECTRIC CO		2017-11-14	2018-11-06
	91. GENERAL ELECTRIC CO		2017-12-13	2018-11-06
	89. GENERAL ELECTRIC CO		2018-01-02	2018-11-06
	103. GENERAL ELECTRIC CO		2018-01-19	2018-11-06
	3. GENERAL ELECTRIC CO		2018-02-21	2018-11-06
	8. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-05-17	2018-11-06
	11. PUBLIC SERVICE ENTERPRISE GROUP INC		2017-06-22	2018-11-06
	12. US BANCORP DEL		2012-07-26	2018-11-06
	25. US BANCORP DEL		2016-04-05	2018-11-06
	3. CDW CORP		2015-09-14	2018-11-07
	6. CDW CORP		2015-09-15	2018-11-07
	82. PG&E CORP		2017-03-09	2018-11-15
	18. PG&E CORP		2017-05-03	2018-11-15
	27. PG&E CORP		2017-05-04	2018-11-15
	59. PG&E CORP		2017-10-18	2018-11-15
	28. PG&E CORP		2017-10-23	2018-11-15
	3. PG&E CORP		2017-11-01	2018-11-15
	27. PG&E CORP		2017-11-01	2018-11-15
	23. PG&E CORP		2017-11-02	2018-11-15
	35. PG&E CORP		2017-11-08	2018-11-15
	29. PG&E CORP		2017-11-10	2018-11-15
	32. PG&E CORP		2017-11-21	2018-11-15
	15. PG&E CORP		2017-11-21	2018-11-15
	14. PG&E CORP		2017-11-22	2018-11-15
	10. AETNA INC		2013-09-20	2018-11-21
	21. CVS CORP		2012-09-24	2018-11-21
	132. GENERAL ELECTRIC CO		2018-02-21	2018-11-21
	118. GENERAL ELECTRIC CO		2018-09-14	2018-11-21
	14. MICROSOFT CORP COM		2010-01-25	2018-11-21
	29. MICROSOFT CORP COM		2010-08-31	2018-11-21
	6. AETNA INC		2013-09-20	2018-11-26
	2. AETNA INC		2014-05-29	2018-11-26
	2. CDW CORP		2015-09-10	2018-11-26
	8. CDW CORP		2015-09-11	2018-11-26
	10. CDW CORP		2015-09-11	2018-11-27
	73. AETNA INC		2014-05-29	2018-11-29
	2. AETNA INC		2016-01-04	2018-11-29
	15. AETNA INC		2016-02-12	2018-11-29
	.4 CVS CORP		2018-11-30	2018-12-06
	5. CVS CORP		2012-09-24	2018-12-07
	16. CVS CORP		2015-11-18	2018-12-07
	12. CHEVRONTEXACO CORP		2017-10-24	2018-12-07
	7. BRIGHTHOUSE FINL INC REG		2015-07-14	2018-12-10
	1. CDW CORP		2015-09-11	2018-12-10
	2. CDW CORP		2015-09-14	2018-12-10
	1. CDW CORP		2016-02-29	2018-12-10
	33. COMCAST CORP NEW CL A		2016-08-08	2018-12-10
	10. COMCAST CORP NEW CL A		2017-11-30	2018-12-10
	17. HONEYWELL INTL INC		2015-07-14	2018-12-10
	4. J P MORGAN CHASE & CO		2015-06-10	2018-12-10
	25. J P MORGAN CHASE & CO		2016-02-12	2018-12-10
	12. MCKESSON CORPORATION		2017-06-22	2018-12-10
	29. US BANCORP DEL		2012-07-26	2018-12-10
	5. BRIGHTHOUSE FINL INC REG		2015-07-14	2018-12-11
	1. BRIGHTHOUSE FINL INC REG		2016-06-03	2018-12-11
	1. BRIGHTHOUSE FINL INC REG		2017-01-10	2018-12-11
	1. BRIGHTHOUSE FINL INC REG		2017-01-11	2018-12-11
	2. BRIGHTHOUSE FINL INC REG		2017-06-22	2018-12-11
	1. BRIGHTHOUSE FINL INC REG		2017-06-23	2018-12-11
	3. CDW CORP		2015-09-11	2018-12-11
	12. CDW CORP		2015-09-14	2018-12-11
	22. CVS CORP		2012-09-24	2018-12-11
	1. CDW CORP		2016-02-26	2018-12-13
	3. CDW CORP		2016-02-29	2018-12-13
	20. J P MORGAN CHASE & CO		2016-02-12	2018-12-13
	34. PFIZER INC COM		2017-10-10	2018-12-13
	40. SUNTRUST BANKS INC		2016-06-24	2018-12-13
	36. US BANCORP DEL		2013-01-14	2018-12-13
	5. CDW CORP		2016-02-26	2018-12-14
	8. CDW CORP		2016-02-29	2018-12-14
	18. CVS CORP		2012-09-24	2018-12-14
	60. PFIZER INC COM		2012-09-24	2018-12-14
	9. PFIZER INC COM		2015-07-14	2018-12-14
	28. SUNTRUST BANKS INC		2013-01-14	2018-12-14
	22. SUNTRUST BANKS INC		2016-06-24	2018-12-14
	1. CDW CORP		2016-02-26	2018-12-17
	1. CDW CORP		2016-02-29	2018-12-17
	7. HARTFORD FINL SVCS GROUP INC COM		2017-11-28	2018-12-19
	15. HARTFORD FINL SVCS GROUP INC COM		2017-11-29	2018-12-19
	4. HARTFORD FINL SVCS GROUP INC COM		2017-11-30	2018-12-19
	6. HARTFORD FINL SVCS GROUP INC COM		2017-12-15	2018-12-19
	13. HARTFORD FINL SVCS GROUP INC COM		2017-12-18	2018-12-19
	37. US BANCORP DEL		2013-01-14	2018-12-20
	10. DELL TECHNOLOGIES INC		2016-12-13	2018-12-28
	49. DELL TECHNOLOGIES INC		2016-12-14	2018-12-28
	6. DELL TECHNOLOGIES INC		2017-01-25	2018-12-28
	20. DELL TECHNOLOGIES INC		2017-01-26	2018-12-28
	1. DELL TECHNOLOGIES INC		2017-01-27	2018-12-28
	5. DELL TECHNOLOGIES INC		2017-06-22	2018-12-28
	14. DELL TECHNOLOGIES INC		2017-06-23	2018-12-28
	13. DELL TECHNOLOGIES INC		2018-01-26	2018-12-28
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,624	994	630
b	1,985	1,366	619
c	1,670	351	1,319
d	93	62	31
e	1,965	1,011	954
	1,132	573	559
	444	350	94
	1,479	1,167	312
	331	200	131
	2,920	605	2,315
	37	30	7
	367	307	60
	73	61	12
	1,658	998	660
	1,028	859	169
	220	183	37
	188	153	35
	38	30	8
	407	514	-107
	733	965	-232
	244	308	-64
	488	643	-155
	1,763	843	920
	141	63	78
	405	514	-109
	648	858	-210
	189	109	80
	189	108	81
	946	551	395
	189	110	79
	1,720	1,527	193
	325	411	-86
	569	751	-182
	629	338	291
	2,085	1,552	533
	247	94	153
	2,188	828	1,360
	227	179	48
	1,135	646	489
	2,459	1,433	1,026
	3,811	3,406	405
	1,571	844	727
	2,228	1,672	556
	2,709	1,031	1,678
	1,506	1,192	314
	2,455	1,107	1,348
	658	587	71
	2,543	1,711	832
	1,806	790	1,016
	2,061	1,879	182
	120	92	28
	720	574	146
	720	576	144
	960	768	192
	2,097	1,983	114
	555	594	-39
	3,928	2,941	987
	1,420	1,079	341
	4,000	3,568	432
	1,000	1,000
	1,000	1,000
	6,000	6,000
	3,000	3,000
	1,759	1,095	664
	1,700	790	910
	13,889	14,073	-184
	1,756	1,095	661
	1,261	596	665
	2,017	950	1,067
	1,202	537	665
	2,835	1,350	1,485
	1,419	562	857
	18,630	19,374	-744
	16,720	16,950	-230
	950	1,002	-52
	10,450	10,816	-366
	8,643	9,462	-819
	4,802	4,881	-79
	261	119	142
	2,350	1,101	1,249
	1,581	1,795	-214
	85	96	-11
	2,350	1,166	1,184
	361	231	130
	961	529	432
	743	411	332
	2,004	1,197	807
	2,006	1,329	677
	742	519	223
	113	125	-12
	57	64	-7
	57	64	-7
	510	574	-64
	171	96	75
	129	73	56
	1,156	816	340
	168	187	-19
	56	64	-8
	84	96	-12
	646	734	-88
	317	223	94
	615	623	-8
	267	271	-4
	588	602	-14
	107	109	-2
	211	219	-8
	449	460	-11
	1,906	904	1,002
	479	487	-8
	186	195	-9
	186	218	-32
	339	406	-67
	3,165	1,509	1,656
	725	441	284
	121	74	47
	994	624	370
	175	111	64
	34,355	34,820	-465
	1,831	906	925
	1,110	661	449
	615	367	248
	627	587	40
	1,128	1,157	-29
	3,283	2,914	369
	3,540	2,181	1,359
	2,876	1,797	1,079
	2,282	1,958	324
	584	497	87
	504	294	210
	1,644	2,570	-926
	766	656	110
	1,379	1,179	200
	379	220	159
	254	219	35
	457	393	64
	532	323	209
	3,524	1,825	1,699
	791	500	291
	791	476	315
	1,674	807	867
	399	350	49
	2,126	1,292	834
	2,730	1,415	1,315
	575	364	211
	575	346	229
	445	394	51
	1,039	915	124
	546	479	67
	298	243	55
	595	485	110
	199	162	37
	2,421	1,729	692
	2,494	1,834	660
	2,567	1,905	662
	293	218	75
	880	755	125
	6,638	5,400	1,238
	369	305	64
	1,229	1,029	200
	1,747	968	779
	2,247	674	1,573
	2,271	578	1,693
	4,978	2,155	2,823
	1,119	793	326
	678	325	353
	1,609	773	836
	1,776	1,299	477
	2,581	2,328	253
	1,315	1,090	225
	557	333	224
	2,785	1,650	1,135
	723	552	171
	121	92	29
	439	340	99
	1,403	734	669
	1,049	675	374
	1,784	1,113	671
	297	186	111
	3,774	1,169	2,605
	573	560	13
	1,827	1,360	467
	863	1,327	-464
	1,294	1,238	56
	744	603	141
	248	201	47
	357	412	-55
	2,122	1,634	488
	2,607	1,857	750
	981	333	648
	555	579	-24
	555	372	183
	1,692	676	1,016
	1,092	702	390
	1,404	910	494
	21,802	21,899	-97
	11,722	12,041	-319
	2,007	736	1,271
	1,478	781	697
	480	432	48
	254	231	23
	3,799	3,523	276
	127	117	10
	70	55	15
	282	218	64
	141	122	19
	564	497	67
	634	565	69
	282	252	30
	1,945	1,286	659
	819	608	211
	70	55	15
	209	164	45
	70	61	9
	556	497	59
	626	565	61
	278	252	26
	406	214	192
	2,130	1,138	992
	507	251	256
	549	436	113
	343	306	37
	1,099	994	105
	1,167	1,068	99
	687	629	58
	692	623	69
	198	152	46
	2,167	3,129	-962
	1,970	2,851	-881
	1,172	915	257
	98	75	23
	1,890	1,575	315
	976	748	228
	488	550	-62
	2,062	849	1,213
	1,989	897	1,092
	97	110	-13
	971	1,106	-135
	194	219	-25
	185	201	-16
	2,314	2,521	-207
	324	354	-30
	1,326	720	606
	411	223	188
	2,771	2,340	431
	1,523	1,440	83
	1,921	1,780	141
	1,875	1,267	608
	3,567	3,558	9
	315	232	83
	339	244	95
	291	214	77
	124	89	35
	174	125	49
	1,143	1,600	-457
	1,054	973	81
	135	123	12
	597	820	-223
	899	828	71
	112	103	9
	307	222	85
	491	360	131
	552	404	148
	798	587	211
	123	90	33
	120	89	31
	60	45	15
	60	45	15
	120	90	30
	60	45	15
	1,632	1,203	429
	2,157	1,577	580
	254	186	68
	147	195	-48
	619	479	140
	255	186	69
	806	572	234
	1,407	1,834	-427
	240	290	-50
	1,108	1,196	-88
	419	455	-36
	569	622	-53
	1,837	1,506	331
	48	40	8
	927	732	195
	2,008	1,185	823
	3,355	2,585	770
	871	950	-79
	331	262	69
	596	473	123
	66	54	12
	1,523	1,250	273
	1,721	1,399	322
	1,137	2,086	-949
	251	191	60
	2,510	1,553	957
	1,004	610	394
	1,895	3,559	-1,664
	1,805	931	874
	145	74	71
	726	367	359
	190	99	91
	854	441	413
	1,691	1,443	248
	2,145	1,833	312
	671	795	-124
	1,284	1,518	-234
	1,889	1,961	-72
	3,065	1,142	1,923
	594	317	277
	959	514	445
	9,984	10,023	-39
	12,561	13,140	-579
	8,988	9,006	-18
	1,718	1,440	278
	328	321	7
	144	142	2
	431	427	4
	39	39
	478	477	1
	12,105	12,227	-122
	19,663	19,953	-290
	52	52
	142	141	1
	285	277	8
	664	642	22
	843	1,161	-318
	527	724	-197
	1,823	1,643	180
	345	352	-7
	1,577	1,573	4
	1,771	1,440	331
	309	302	7
	374	346	28
	419	581	-162
	262	362	-100
	3,159	1,910	1,249
	318	192	126
	56	45	11
	56	46	10
	56	55	1
	56	54	2
	522	477	45
	170	154	16
	619	500	119
	956	931	25
	450	434	16
	595	545	50
	91	83	8
	197	160	37
	934	708	226
	1,179	892	287
	1,179	834	345
	185	166	19
	1,518	1,042	476
	1,265	876	389
	98	66	32
	72	58	14
	145	102	43
	507	357	150
	470	314	156
	134	87	47
	67	41	26
	67	54	13
	622	465	157
	15	10	5
	217	175	42
	362	254	108
	940	664	276
	1,741	1,165	576
	536	347	189
	67	41	26
	268	215	53
	994	736	258
	1,401	941	460
	467	304	163
	200	161	39
	507	387	120
	351	271	80
	845	659	186
	131	95	36
	197	141	56
	255	163	92
	487	387	100
	592	429	163
	790	563	227
	1,241	1,184	57
	1,365	897	468
	581	551	30
	1,550	1,477	73
	299	232	67
	176	164	12
	613	445	168
	293	232	61
	147	129	18
	293	259	34
	1,433	1,039	394
	668	605	63
	1,231	817	414
	95	87	8
	476	433	43
	48	43	5
	1,801	897	904
	1,034	681	353
	414	276	138
	1,614	807	807
	1,621	807	814
	1,238	628	610
	1,946	1,116	830
	2,185	1,363	822
	1,892	5,191	-3,299
	88	41	47
	263	124	139
	288	306	-18
	1,151	1,225	-74
	403	430	-27
	281	803	-522
	262	658	-396
	2,016	1,754	262
	2,388	1,432	956
	2,548	2,300	248
	745	612	133
	1,064	876	188
	12	9	3
	274	198	76
	262	169	93
	681	522	159
	350	164	186
	700	331	369
	1,304	3,245	-1,941
	822	2,162	-1,340
	926	1,720	-794
	860	1,621	-761
	841	1,594	-753
	973	1,676	-703
	28	44	-16
	424	350	74
	583	482	101
	629	404	225
	1,309	1,004	305
	270	123	147
	540	248	292
	1,473	5,354	-3,881
	323	1,201	-878
	485	1,804	-1,319
	1,060	3,344	-2,284
	503	1,606	-1,103
	54	172	-118
	516	1,544	-1,028
	439	1,309	-870
	669	1,975	-1,306
	554	1,646	-1,092
	611	1,721	-1,110
	287	807	-520
	267	755	-488
	2,047	652	1,395
	1,578	1,010	568
	1,030	1,926	-896
	920	1,487	-567
	1,447	413	1,034
	2,997	685	2,312
	1,257	391	866
	419	154	265
	178	81	97
	712	328	384
	894	410	484
	15,521	5,629	9,892
	425	215	210
	3,189	1,470	1,719
	32	32
	370	241	129
	1,186	1,513	-327
	1,392	1,432	-40
	232	478	-246
	91	41	50
	181	82	99
	91	39	52
	1,231	1,107	124
	373	369	4
	2,345	1,695	650
	406	273	133
	2,538	1,434	1,104
	1,471	1,994	-523
	1,466	978	488
	166	342	-176
	33	67	-34
	33	55	-22
	33	65	-32
	66	127	-61
	33	63	-30
	273	123	150
	1,094	493	601
	1,613	1,059	554
	90	39	51
	270	118	152
	2,020	1,147	873
	1,508	1,237	271
	2,121	1,631	490
	1,768	1,205	563
	444	197	247
	710	316	394
	1,295	866	429
	2,626	1,487	1,139
	394	317	77
	1,471	789	682
	1,156	897	259
	87	39	48
	87	39	48
	303	395	-92
	650	868	-218
	173	230	-57
	260	335	-75
	563	728	-165
	1,699	1,238	461
	770	242	528
	3,771	1,201	2,570
	462	183	279
	1,539	604	935
	77	33	44
	385	171	214
	1,078	481	597
	1,001	693	308
			106

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			630
b			619
c			1,319
d			31
e			954
			559
			94
			312
			131
			2,315
			7
			60
			12
			660
			169
			37
			35
			8
			-107
			-232
			-64
			-155
			920
			78
			-109
			-210
			80
			81
			395
			79
			193
			-86
			-182
			291
			533
			153
			1,360
			48
			489
			1,026
			405
			727
			556
			1,678
			314
			1,348
			71
			832
			1,016
			182
			28
			146
			144
			192
			114
			-39
			987
			341
			432




			664
			910
			-184
			661
			665
			1,067
			665
			1,485
			857
			-744
			-230
			-52
			-366
			-819
			-79
			142
			1,249
			-214
			-11
			1,184
			130
			432
			332
			807
			677
			223
			-12
			-7
			-7
			-64
			75
			56
			340
			-19
			-8
			-12
			-88
			94
			-8
			-4
			-14
			-2
			-8
			-11
			1,002
			-8
			-9
			-32
			-67
			1,656
			284
			47
			370
			64
			-465
			925
			449
			248
			40
			-29
			369
			1,359
			1,079
			324
			87
			210
			-926
			110
			200
			159
			35
			64
			209
			1,699
			291
			315
			867
			49
			834
			1,315
			211
			229
			51
			124
			67
			55
			110
			37
			692
			660
			662
			75
			125
			1,238
			64
			200
			779
			1,573
			1,693
			2,823
			326
			353
			836
			477
			253
			225
			224
			1,135
			171
			29
			99
			669
			374
			671
			111
			2,605
			13
			467
			-464
			56
			141
			47
			-55
			488
			750
			648
			-24
			183
			1,016
			390
			494
			-97
			-319
			1,271
			697
			48
			23
			276
			10
			15
			64
			19
			67
			69
			30
			659
			211
			15
			45
			9
			59
			61
			26
			192
			992
			256
			113
			37
			105
			99
			58
			69
			46
			-962
			-881
			257
			23
			315
			228
			-62
			1,213
			1,092
			-13
			-135
			-25
			-16
			-207
			-30
			606
			188
			431
			83
			141
			608
			9
			83
			95
			77
			35
			49
			-457
			81
			12
			-223
			71
			9
			85
			131
			148
			211
			33
			31
			15
			15
			30
			15
			429
			580
			68
			-48
			140
			69
			234
			-427
			-50
			-88
			-36
			-53
			331
			8
			195
			823
			770
			-79
			69
			123
			12
			273
			322
			-949
			60
			957
			394
			-1,664
			874
			71
			359
			91
			413
			248
			312
			-124
			-234
			-72
			1,923
			277
			445
			-39
			-579
			-18
			278
			7
			2
			4

			1
			-122
			-290

			1
			8
			22
			-318
			-197
			180
			-7
			4
			331
			7
			28
			-162
			-100
			1,249
			126
			11
			10
			1
			2
			45
			16
			119
			25
			16
			50
			8
			37
			226
			287
			345
			19
			476
			389
			32
			14
			43
			150
			156
			47
			26
			13
			157
			5
			42
			108
			276
			576
			189
			26
			53
			258
			460
			163
			39
			120
			80
			186
			36
			56
			92
			100
			163
			227
			57
			468
			30
			73
			67
			12
			168
			61
			18
			34
			394
			63
			414
			8
			43
			5
			904
			353
			138
			807
			814
			610
			830
			822
			-3,299
			47
			139
			-18
			-74
			-27
			-522
			-396
			262
			956
			248
			133
			188
			3
			76
			93
			159
			186
			369
			-1,941
			-1,340
			-794
			-761
			-753
			-703
			-16
			74
			101
			225
			305
			147
			292
			-3,881
			-878
			-1,319
			-2,284
			-1,103
			-118
			-1,028
			-870
			-1,306
			-1,092
			-1,110
			-520
			-488
			1,395
			568
			-896
			-567
			1,034
			2,312
			866
			265
			97
			384
			484
			9,892
			210
			1,719

			129
			-327
			-40
			-246
			50
			99
			52
			124
			4
			650
			133
			1,104
			-523
			488
			-176
			-34
			-22
			-32
			-61
			-30
			150
			601
			554
			51
			152
			873
			271
			490
			563
			247
			394
			429
			1,139
			77
			682
			259
			48
			48
			-92
			-218
			-57
			-75
			-165
			461
			528
			2,570
			279
			935
			44
			214
			597
			308

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	107,580
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 ...................		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? Yes No

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	117,099	2,181,793	0.053671
2016	115,102	2,026,121	0.056809
2015	115,789	2,090,318	0.055393
2014	115,997	2,093,530	0.055407
2013	115,150	1,955,280	0.058892

Total of line 1, column (d) .....................

0.280172

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 ......

0.056034

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

2,230,867

Multiply line 4 by line 3......................

125,004

Enter 1% of net investment income (1% of Part I, line 27b)...........

1,564

Add lines 5 and 6........................

126,568

Enter qualifying distributions from Part XII, line 4,.............

117,592

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)

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 and enter “N/A" on line 1.
	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	3,128
	hereand 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	3,128
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	3,128
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	2,837
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	2,837
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.......		9	291
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

UST-ML A DIVISION OF BANK OF AMERICA NA Telephone no. bullet

(609) 274-6834

Located at bullet

1300 MERRILL LYNCH DRIVEPENNINGTONNJ ZIP+4 bullet

085341501

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
UST-MLT A DIVISION OF BANK OF AMER ICA NA	TRUSTEE 2	29,320
PO Box 1501 NJ2-130-03-31 Pennington,NJ085341501	TRUSTEE 2	29,320

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...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,156,363

Average of monthly cash balances.......................

108,477

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

2,264,840

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,264,840

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

33,973

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

2,230,867

Minimum investment return. Enter 5% of line 5..................

111,543

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.)

Minimum investment return from Part X, line 6....................

111,543

Tax on investment income for 2018 from Part VI, line 5......

3,128

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

3,128

Distributable amount before adjustments. Subtract line 2c from line 1............

108,415

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

108,415

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

108,415

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

117,592

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

117,592

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

117,592

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)

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					108,415
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......	20,743
b From 2014......	15,100
c From 2015......	15,926
d From 2016......	15,346
e From 2017......	10,846
fTotal of lines 3a through e........		77,961
4Qualifying distributions for 2018 from Part
XII, line 4: $ 117,592
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.....					108,415
e Remaining amount distributed out of corpus		9,177
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		87,138
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) ...		20,743
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		66,395
10 Analysis of line 9:
a Excess from 2014....	15,100
b Excess from 2015....	15,926
c Excess from 2016....	15,346
d Excess from 2017....	10,846
e Excess from 2018....	9,177

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Trustees Of Boston University 881 COMMONWEALTH AVE 4TH FL BOSTON,MA022151390	NONE	PC	GENERAL OPERATING	50,000
Syracuse University SKYTOP OFFICE BL Syracus,NY132444415	NONE	PC	GENERAL OPERATING	50,000
Total ................................. 3a				100,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	65,050
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	107,580
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)..				172,630

13Total. Add line 12, columns (b), (d), and (e)..................

172,630

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
912828Y46 U.S. TREASURY NOTE	15,002	15,018
377372AL1 GLAXOSMITHKLINE CAPI	22,972	23,088
9128284A5 U.S. TREASURY NOTE	10,995	11,056
9128284X5 U.S. TREASURY NOTE	35,820	36,404
037833CJ7 APPLE INC	21,218	20,462
68389XBM6 ORACLE CORP	19,798	18,535
9128283W8 U.S. TREASURY NOTE	19,644	20,103
17275RAE2 CISCO SYSTEMS INC	15,931	16,034
172967FT3 CITIGROUP INC	8,798	9,196
822582AJ1 SHELL INTERNATIONAL	16,048	16,148
035242AL0 ANHEUSER-BUSCH INBEV	22,929	22,364
06406FAD5 BANK OF NY MELLON CO	9,958	9,495
3135G0K36 FEDERAL NATL MTG ASS	21,524	20,955
9128284G2 U.S. TREASURY NOTE	16,884	16,958
912810RQ3 U.S. TREASURY BOND	20,573	18,056
912810FT0 U.S. TREASURY BOND	16,332	18,489
46625HJX9 JPMORGAN CHASE & CO	18,930	18,873
912810SA7 U.S. TREASURY BOND	11,699	11,936
931142EK5 WALMART INC	23,290	23,237
05531FBB8 BB&T CORPORATION	22,897	22,098
912828M56 U.S. TREASURY NOTE	11,715	11,735
78011DAG9 USD ROYAL BK CANADA	10,070	9,946
912810QU5 U.S. TREASURY BOND 3	29,964	29,686
912828ND8 U.S. TREASURY NOTE	16,164	16,199
912828X88 U.S. TREASURY NOTE	24,874	24,477
9128284R8 U.S. TREASURY NOTE	12,997	13,224
949746SA0 WELLS FARGO & COMPAN	11,020	10,657

Name of Stock	End of Year Book Value	End of Year Fair Market Value
438516106 HONEYWELL INTL INC	5,185	6,870
G51502105 JOHNSON CTLS INTL PL	7,898	6,434
032511107 ANADARKO PETE CORP	5,334	3,288
867224107 SUNCOR ENERGY INC NE	28,181	24,949
375558103 GILEAD SCIENCES INC	11,082	7,881
460146103 INTERNATIONAL PAPER	3,383	2,866
56585A102 MARATHON PETROLEUM C	5,479	6,786
577081102 MATTEL INC	3,465	1,778
02079K305 ALPHABET INC SHS	5,186	15,674
036752103 ANTHEM INC	10,605	18,121
126650100 CVS CORP	8,259	6,618
15135B101 CENTENE CORP DEL	6,483	9,455
17275R102 CISCO SYS INC	17,834	25,738
26078J100 DOWDUPONT INC COM	15,832	15,670
500472303 KONINKLIJKE PHILIPS	12,445	12,956
526057104 LENNAR CORP	5,261	4,150
548661107 LOWES COMPANIES INC	13,565	20,504
68389X105 ORACLE CORPORATION	16,154	17,383
713448108 PEPSICO INC	7,508	7,734
832696405 SMUCKER J M CO	8,557	6,451
931142103 WAL MART STORES INC	13,568	16,767
969457100 WILLIAMS CO INC	14,514	11,797
026874784 AMERICAN INTERNATION	15,365	12,335
046353108 ASTRAZENECA PLC SPON	12,421	16,142
23331A109 D R HORTON INC	10,502	11,230
24703L202 DELL TECHNOLOGIES IN	3,468	3,714
247361702 DELTA AIR LINES INC	9,989	10,180
269246401 E TRADE FINL CORP	8,452	8,162
571748102 MARSH & MCLENNAN COS	4,375	5,184
594918104 MICROSOFT CORP COM	19,323	50,480
65339F101 NEXTERA ENERGY INC S	3,886	6,605
874039100 TAIWAN SEMICONDUCTOR	17,048	17,606
902973304 US BANCORP DEL	9,471	12,979
907818108 UNION PACIFIC CORP	3,394	4,838
G5960L103 MEDTRONIC PLC SHS	9,501	10,733
192446102 COGNIZANT TECHNOLOGY	20,645	19,044
38141G104 GOLDMAN SACHS GROUP	6,242	7,183
487836108 KELLOGG COMPANY COMM	5,371	4,903
609207105 MONDELEZ INTERNATION	5,602	5,164
620076307 MOTOROLA SOLUTIONS I	3,724	7,248
744573106 PUBLIC SERVICE ENTER	6,816	8,692
747525103 QUALCOMM INC	8,538	7,797
02005N100 ALLY FINL INC	6,418	5,325
037833100 APPLE COMPUTER INC C	24,916	36,911
14149Y108 CARDINAL HEALTH INC	3,298	2,096
143658300 CARNIVAL CORP	8,581	8,381
25470M109 DISH NETWORK CORPATI	8,517	6,442
34959J108 FORTIVE CORP	8,115	8,119
416515104 HARTFORD FINL SVCS G	4,824	4,045
42809H107 HESS CORP	4,161	4,172
58933Y105 MERCK AND CO INC SHS	12,171	15,970
59156R108 METLIFE INC	16,495	14,043
655844108 NORFOLK SOUTHERN COR	10,634	14,057
670100205 NOVO NORDISK A/S ADR	15,456	14,236
682680103 ONEOK INC	9,333	7,661
867914103 SUNTRUST BANKS INC	8,134	13,367
50540R409 LABORATORY CORP AMER	11,090	10,614
857477103 STATE ST CORP COM	7,664	5,866
92343V104 VERIZON COMMUNICATIO	25,749	29,572
949746101 WELLS FARGO & CO NEW	34,172	29,307
02079K107 ALPHABET INC SHS	7,260	15,534
09062X103 BIOGEN IDEC INC	12,164	12,940
363576109 GALLAGHER ARTHUR J &	3,644	3,759
539830109 LOCKHEED MARTIN CORP	4,286	4,975
565849106 MARATHON OIL CORP	9,319	6,166
58155Q103 MCKESSON CORPORATION	8,786	6,297
617446448 MORGAN STANLEY DEAN	9,484	11,736
66987V109 NOVARTIS AG SPNSRD A	17,662	17,248
695156109 PACKAGING CORP AMER	4,222	6,343
7591EP100 REGIONS FINL CORP NE	8,668	7,814
89151E109 TOTAL FINA ELF S.A.	4,770	4,957
89417E109 TRAVELERS COS INC	3,721	6,706
12514G108 CDW CORP	10,101	13,211
12626K203 CRH PLC ADR	5,586	4,216
20030N101 COMCAST CORP NEW CL	20,415	28,466
25243Q205 DIAGEO PLC SPON ADR	5,341	6,523
35671D857 FREEPORT-MCMORAN COP	8,080	5,516
666807102 NORTHROP GRUMMAN COR	3,545	5,143
717081103 PFIZER INC COM	38,307	51,856
904784709 UNILEVER NV NY SHARE	6,044	6,510
00130H105 AES CORPORATION	6,878	7,143
055622104 BP P L C SPONS ADR	26,446	23,928
166764100 CHEVRONTEXACO CORP	11,501	11,641
444859102 HUMANA INC COM	15,396	20,054
46625H100 J P MORGAN CHASE & C	18,510	48,810
48238T109 KAR AUCTION SERVICES	8,070	7,063
67103H107 O'REILLY AUTOMOTIVE	8,707	9,986
742718109 PROCTER & GAMBLE CO	4,600	5,148
808513105 SCHWAB CHARLES CORP	5,515	5,067
88579Y101 3M CO	6,363	7,812
91324P102 UNITED HEALTH GROUP	8,375	22,670
917047102 URBAN OUTFITTERS INC	2,884	4,482
02209S103 ALTRIA GROUP INC	22,759	19,904
054561105 AXA EQUITABLE HLDGS	3,580	3,393
071813109 BAXTER INTL INC COM	7,600	9,149
172967424 CITIGROUP INC COM NE	15,857	25,509
25179M103 DEVON ENERGY CORPORA	6,360	3,651
256677105 DOLLAR GENERAL CORP	14,304	16,104
291011104 EMERSON ELECTRIC COM	9,167	7,469
337932107 FIRSTENERGY CORP	18,784	22,830

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
09260B382 BLACKROCK STRATEGIC	AT COST	32,084	30,509
09260B747 BLACKROCK FLOATING R	AT COST	79,029	75,969
464288687 S&P US PFD STK INDEX	AT COST	78,183	68,323
09260B630 BLACKROCK HI YLD BD	AT COST	80,343	76,691

Category	Amount	Net Investment Income
FOREIGN TAXES	624	624
FEDERAL TAX PAYMENT - PRIOR YE	1,287	0
FEDERAL ESTIMATES - PRINCIPAL	2,837	0

Description	Amount
MUTUAL FUND TIMING DIFFERENCE	612
COST BASIS ADJ	3,533
PURCHASE OF ACCRUED INTEREST C/O TO NEXT	67