Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
FIRSTFRUITS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O Box 510
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Challis, ID83226
A Employer identification number

59-6867913
B Telephone number (see instructions)

(208) 879-2729
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$10,475,272J 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) 22,200
2 Check bullet.............
3 Interest on savings and temporary cash investments 350 350  
4 Dividends and interest from securities... 363 363  
5a Gross rents............ 750 0  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0    
12 Total. Add lines 1 through 11........ 23,663 713  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages...... 157,864     157,864
15 Pension plans, employee benefits....... 10,546     10,546
16a Legal fees (attach schedule)......... 0      
b Accounting fees (attach schedule)....... 1,650      
c Other professional fees (attach schedule).... 578      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,828      
19 Depreciation (attach schedule) and depletion... Click to see attachment 202,952    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 13,922      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 83,425     26,884
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 472,765 0   195,294
25 Contributions, gifts, grants paid....... 107,862 107,862
26 Total expenses and disbursements. Add lines 24 and 25 580,627 0   303,156
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -556,964
b Net investment income (if negative, enter -0-) 713
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 35,071 30,860 30,860
2 Savings and temporary cash investments......... 454,930 58,211 58,211
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 0    
11 Investments—land, buildings, and equipment: basis bullet10,136,919
Less: accumulated depreciation (attach schedule) bullet5,598,545 4,950,464 Click to see attachment4,538,374 4,538,374
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   0  
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) Click to see attachment5,897,827 Click to see attachment5,847,827 Click to see attachment5,847,827
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,338,292 10,475,272 10,475,272
Liabilities 17 Accounts payable and accrued expenses.......... 24,737 32,385
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) Click to see attachment175,122 Click to see attachment151,690
23 Total liabilities (add lines 17 through 22)......... 199,859 184,075
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.................. 11,138,433 10,291,197
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 11,138,433 10,291,197
31 Total liabilities and net assets/fund balances (see instructions). 11,338,292 10,475,272
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
11,138,433
2
Enter amount from Part I, line 27a .....................
2
-556,964
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,581,469
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
290,272
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
10,291,197
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 361,553 5,269,204 0.068616
2016 387,812 4,454,662 0.087058
2015 258,494 4,609,620 0.056077
2014 18,744 3,890,750 0.004818
2013 287,560 7,407,784 0.038819
2
Total of line 1, column (d) .....................
2
0.255388
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
0.051078
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,917,199
5
Multiply line 4 by line 3......................
5
302,239
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7
7
Add lines 5 and 6........................
7
302,246
8
Enter qualifying distributions from Part XII, line 4,.............
8
386,457
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 7
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 7
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 7
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,167
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -4167 7 4,167
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,160
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet40 RefundedBullet 11 4,120
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    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 ofbulletCHRISTOPHER W JAMES Telephone no.bullet (208) 879-2729

    Located atbulletP O Box 510CHALLISID ZIP+4bullet83226
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CHRISTOPHER W JAMES Co-Trustee
    15.00     		0 0 0
    P O Box 510
    CHALLIS,ID83226
    DEBRA E JAMES Co-Trustee
    1.00     		0 0 0
    P O Box 510
    CHALLIS,ID83226
    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 OPERATING A RELIGIOUS CAMPING RETREAT-LIVING WATERS RANCH 195,294
    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 Capital improvements to real estate owned by Foundation for a religious camping retreat and refreshment center in Salmon, Idaho. 83,301
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet83,301
    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
    5,847,829
    b
    Average of monthly cash balances.......................
    1b
    159,480
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,007,309
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,007,309
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    90,110
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,917,199
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    295,860
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    0
    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
    303,156
    b
    Program-related investments—total from Part IX-B..................
    1b
    83,301
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    386,457
    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
    7
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    386,450
    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 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 287,560
    b From 2014...... 18,744
    c From 2015...... 258,494
    d From 2016...... 387,812
    e From 2017...... 364,788
    fTotal of lines 3a through e........ 1,317,398
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 386,457
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 386,457
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,703,855
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		287,560
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,416,295
    10 Analysis of line 9:
    a Excess from 2014.... 18,744
    b Excess from 2015.... 258,494
    c Excess from 2016.... 387,812
    d Excess from 2017.... 364,788
    e Excess from 2018.... 386,457
    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
    1993-09-29
    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
    0 0 0 0 0
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		386,457 364,788 387,812 258,494 1,397,551
    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 ....     		386,457 364,788 387,812 258,494 1,397,551
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......   11,338,292 9,460,336 9,374,370 30,172,998
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		   11,338,292 9,460,336 9,374,370 30,172,998
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		  175,622 148,340 153,639 477,601
    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) ....     		  2,258,500 6,042 2,000 2,266,542
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		  8,500 0 2,000 10,500
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income   323,475 553,979 420,998 1,298,452
    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).)
    CHRISTOPHER W JAMES
    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
    FLINT NET
    P O Box 113
    Missoula,MT59806     		  A Operating Expenses 2,400
    CARTER PHILLIPS MINISTRIES
    P O Box 383
    Henderson,KY42419     		  A Operating Expenses 2,400
    CHRISTIE MOORE MINISTRIES
    932 Crestview Road
    Hazelton,ID83335     		  A Operating Expenses 2,000
    PURPOSE INTERNATIONAL
    P O Box 510
    Challis,ID83226     		  A Operating Expenses 34,900
    LIVING WATERS RANCH
    3599 Garden Creek Road
    Challis,ID83226     		  A Operating Expenses 48,662
    Abe Effie Abram
    5308 South 44th Place
    Rogers,AK72758     		NONE A Need 1,600
    Cecil Fisher
    P O Box 102
    Challis,ID83226     		NONE A Need 300
    Joyce Allison
    P O Box 1145
    Challis,ID83226     		NONE A Need 1,200
    Betty Hasbrouck
    6003 NE 102nd Ave Apt 11
    Vancouver,WA98662     		NONE A Need 1,200
    Larry Halstead
    715 South Trunnel Avenue
    Meridian,ID83642     		NONE A Need 1,200
    Carla Reed
    21200 E Country Vista Dr L104
    LIBERTY LAKE,WA99019     		NONE A Need 1,200
    Pastor David Termer
    P O Box 26
    Challis,ID83226     		NONE A Need 1,200
    ERIC MULVILLE
    P O Box 510
    Challis,ID83226     		  A Need 9,000
    MISC
    P O Box 510
    Challis,ID83226     		  A Need 600
    Total .................................bullet 3a 107,862
    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 ...........     		900099 350 14    
    4 Dividends and interest from securities.... 900099 363 14    
    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 ............     		         
    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).. 713    
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    713
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  
    Part VI Line 7 -Original Return Overpayment: -4,167


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    FIRSTFRUITS FOUNDATION
     
    Employer identification number

    59-6867913
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    FIRSTFRUITS FOUNDATION
          		Employer identification number
    59-6867913
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    LIVING WATTERS RANCH INC
     
    3599 Garden Creek Road
     
    Challis, ID83226

    		$ 14,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    FIRSTFRUITS FOUNDATION
          		Employer identification number

    59-6867913
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    FIRSTFRUITS FOUNDATION
          		Employer identification number

    59-6867913
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

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

    TY 2018 DepreciationSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING IMPROVEMENTS 2013-06-01 1,007,962 117,379 SL 39.000000000000 25,845      
    EQUIPMENT 2013-06-01 203,424 79,018 200DB 7.000000000000 9,078      
    OFFICE EQUIPMENT 2013-06-01 1,332 628 200DB 5.000000000000 38      
    COMPUTER SOFTWARE 2013-06-01 162 81 SL 3.000000000000 0      
    WATER EASEMENT RIGHTS 2013-06-01 12,900 0 SL 0.000000000000 0      
    BUILDING IMPROVEMENTS 2014-06-01 1,199,055 108,889 SL 39.000000000000 30,745      
    SNACK SHACK 2014-09-01 99,837 8,427 SL 39.000000000000 2,560      
    RANCH STORE 2014-11-01 170,275 13,644 SL 39.000000000000 4,366      
    BUILDING IMPROVEMENTS 2014-06-01 4,144 637 150DB 15.000000000000 144      
    COMPUTERS 2014-06-01 2,646 1,094 200DB 5.000000000000 153      
    COMPUTER SOFTWARE 2014-06-01 60 30 SL 3.000000000000 0      
    GENERATOR 2014-04-12 2,200 756 200DB 7.000000000000 98      
    SHOWERHOUSE 1991-01-01 3,958 3,875 SL 27.500000000000 83      
    MAINHOUSE 1991-01-01 6,632 6,493 SL 27.500000000000 139      
    TOOL SHED 1991-01-01 244 238 SL 27.500000000000 6      
    BUNKHOUSE 1991-01-01 635 622 SL 27.500000000000 13      
    SHOWERHOUSE 1992-01-01 12,428 11,704 SL 27.500000000000 470      
    MAINHOUSE 1992-01-01 3,073 2,896 SL 27.500000000000 115      
    MAINHOUSE 1993-01-01 42,049 37,488 SL 27.500000000000 1,794      
    MAINHOUSE 1994-01-01 4,468 3,869 SL 27.500000000000 169      
    LODGE 1995-06-01 23,511 19,239 SL 27.500000000000 862      
    LODGE 1996-01-01 110,745 85,112 SL 27.500000000000 4,626      
    SHOP BUILDINGS 1997-01-01 28,448 28,448 200DB 7.000000000000 0      
    IRRIGATION LINES 1997-01-01 6,726 6,726 150DB 15.000000000000 0      
    BUILDINGS 1997-06-01 382,810 285,947 SL 27.500000000000 13,920      
    PROPANE TANKS 1997-09-01 24,912 24,912 150DB 15.000000000000 0      
    MANUFACTURED HOMES 1997-10-01 42,523 42,523 200DB 7.000000000000 0      
    BUILDINGS 1997-12-01 382,810 278,432 SL 27.500000000000 13,995      
    BUILDING IMPROVEMNT 1998-12-01 1,904,236 1,904,236 150DB 15.000000000000 0      
    BUILDING IMPROVEMNT 1998-12-01 1,430,934 1,430,934 150DB 15.000000000000 0      
    EQUIPMNT & FURNITURE 1999-12-03 62,208 62,208 200DB 7.000000000000 0      
    BUILDING IMPROVEMNT 1999-12-03 73,930 73,930 200DB 7.000000000000 0      
    PONDEROSA CABIN 2001-09-01 29,645 17,501 SL 27.500000000000 1,083      
    BLDGS 17 & 21 2002-12-18 279,728 152,996 SL 27.500000000000 10,172      
    BUILDING IMPROVEMNT 2003-06-01 118,717 62,777 SL 27.500000000000 4,317      
    BUILDING IMPROVEMNT 2004-09-01 166,153 56,624 SL 39.000000000000 4,260      
    COMMERCIAL PROPERTY 2005-01-01 170,000 24,922 SL 39.000000000000 1,923      
    BUILDING IMPROVEMNT 2008-06-01 103,937 70,185 150DB 15.000000000000 6,137      
    COMPUTER 2012-06-01 3,605 3,605 200DB 5.000000000000 0      
    APPLIANCES & EQUIPMNT 2012-06-01 64,353 56,354 200DB 7.000000000000 5,333      
    TELEPHONE 2012-09-01 530 459 200DB 7.000000000000 47      
    BUILDING 2012-09-01 461,986 62,685 SL 39.000000000000 11,846      
    WATER RESOURCES PROJECT 2015-06-01 112,067 25,831 150DB 15.000000000000 8,624      
    MINISTRY BUILDING 2015-06-01 1,036,261 67,535 SL 39.000000000000 26,571      
    FURNISHINGS & EQUIPMNT 2015-06-01 17,684 4,975 200DB 7.000000000000 1,105      
    TELEPHONE SYSTEM 2015-06-01 4,386 506 150DB 15.000000000000 169      
    SECURITY EQUIPMENT 2015-06-01 7,535 2,120 200DB 7.000000000000 471      
    STORAGE UNITS 2015-06-01 6,125 1,723 200DB 7.000000000000 383      
    CARPORTS 2015-06-01 3,168 365 150DB 15.000000000000 122      
    GENERAL BUILDING IMPROVEMENTS 2015-06-01 7,582 874 150DB 15.000000000000 292      
    BUILDING 2016-06-01 183,207 7,243 SL 39.000000000000 4,698      
    COMPUTER HARDWARE 2017-06-01 3,681 368 200DB 5.000000000000 589      
    FURNISHINGS 2017-06-01 2,831 283 200DB 5.000000000000 453      
    BUILDING IMPROVEMENTS 2017-06-01 127,060 1,765 SL 39.000000000000 3,258      
    HOSANNA HOUSE 2018-06-01 79,418   SL 39.000000000000 1,103      
    COMPUTERS & HEATERS 2018-06-01 3,883   200DB 5.000000000000 777      

    TY 2018 InvestmentsLandSchedule2
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PRIOR YEARS DEPRECIABLE ASSETS 5,850,934 4,898,631 952,303  
    BUILDING IMPROVEMENTS-13 1,007,962 143,224 864,738  
    PERSONAL PROPERTIES-13 204,918 191,302 13,616  
    BUILDING IMPROVEMENTS-14 1,473,311 171,484 1,301,827  
    PERSONAL PROPERTIES-14 4,906 3,584 1,322  
    BUILDING IMPROVEMENTS-15 1,047,011 102,753 944,258  
    PERSONAL PROPERTIES-15 35,730 29,318 6,412  
    WATER RESOURCES PROJECT 112,067 34,455 77,612  
    BUILDING IMPROVEMENTS-16 183,207 11,941 171,266  
    BUILDING IMPROVEMNTS-17 127,060 5,023 122,037  
    PERSONAL PROPERTIES-17 6,512 4,950 1,562  
    PERSONAL PROPERTY-18 3,883 777 3,106  
    BUILDING IMPROVEMENTS-18 79,418 1,103 78,315  

    TY 2018 OtherAssetsSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    US CITRUS LLC 2,250,000 2,250,000 2,250,000
    RIVER EAST FINANCIAL 3,647,827 3,597,827 3,597,827


    TY 2018 OtherDecreasesSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Description Amount
    ACCRUED CAPITAL LOSSES 290,272


    TY 2018 OtherExpensesSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 33      
    School of Ministry 1,631      
    Consulting Expense 7,500      
    Conference Expenditures 29,270      
    Portfolio Expenses 5,999      
    UTILITIES 4,008     4,008
    EE BACKGROUND CHECKS 79     79
    MARKETING 475      
    BUILDING REPAIRS 12,094     12,094
    OFFICE SUPPLIES 1,440     1,440
    GENERAL SUPPLIES 406     406
    LANDSCAPE MAIN. 1,504     1,504
    EQUIPMENT MAIN. 3,770     3,770
    INSURANCE 11,633      
    VEHICLE EXPENSES 3,583     3,583


    TY 2018 OtherLiabilitiesSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Description Beginning of Year - Book Value End of Year - Book Value
    CARTER PHILLIPS 50,000 50,000
    OTHER LOANS 71,690 71,690
    JAMES CHARITABLE UNITRUST 30,000 30,000
    MISCELLANEOUS REIMBURSEMENTS 23,432 0


    TY 2018 TaxesSchedule
    Name:
    FIRSTFRUITS FOUNDATION
    EIN:
    59-6867913
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES & PERMITS 276      
    REAL PROPERTY TAX 438      
    MISC TAXES & LICENSES 1,114