Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
MILTON ROBT & CLARA CHAR TR FDN
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

35-6502846
B Telephone number (see instructions)

(888) 730-4933
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$5,435,226J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 139,144 137,378  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 340,544
b Gross sales price for all assets on line 6a 2,437,210
7 Capital gain net income (from Part IV, line 2)... 340,544
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........ 479,688 477,922  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,020 45,765   15,255
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,167 0 0 1,167
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,542 4,262   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 6,169 75   6,094
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,898 50,102 0 22,516
25 Contributions, gifts, grants paid....... 257,000 257,000
26 Total expenses and disbursements. Add lines 24 and 25 340,898 50,102 0 279,516
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 138,790
b Net investment income (if negative, enter -0-) 427,820
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 209,936 349,577 349,577
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,836,496 Click to see attachment4,833,466 5,085,649
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,046,432 5,183,043 5,435,226
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 5,046,432 5,183,043
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)..... 5,046,432 5,183,043
31 Total liabilities and net assets/fund balances (see instructions). 5,046,432 5,183,043
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
5,046,432
2
Enter amount from Part I, line 27a .....................
2
138,790
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
633
4
Add lines 1, 2, and 3 ..........................
4
5,185,855
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,812
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,183,043
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 5. ALPHABET INC/CA   2015-09-15 2018-02-02
b 115. AMERIPRISE FINL INC     2018-02-02
c 41. APPLE INC   2010-01-06 2018-02-02
d 82. BAYER AG - ADR   2016-12-09 2018-02-02
e 13. BERSHIRE HATHAWAY INC.   2011-08-12 2018-02-02
5. BLACKROCK INC   2014-06-11 2018-02-02
35. BOEING CO   2011-03-17 2018-02-02
17. CME GROUP INC     2018-02-02
36. CELANESE CORP     2018-02-02
148. CISCO SYSTEMS INC     2018-02-02
60. CITIGROUP INC   2014-03-25 2018-02-02
60. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2018-02-02
111. COMCAST CORP CLASS A   2010-10-18 2018-02-02
21. DIAGEO PLC - ADR   2016-05-18 2018-02-02
24. WALT DISNEY CO   2010-01-06 2018-02-02
118. DODGE & COX INT'L STOCK FD #1048   2010-10-20 2018-02-02
332.092 EATON VANCE GLOBAL MACRO - I   2017-04-26 2018-02-02
18819.251 EATON VANCE GLOBAL MACRO - I     2018-02-02
108. JP MORGAN MID CAP VALUE-I #758   2014-05-05 2018-02-02
54. GILEAD SCIENCES INC   2017-03-24 2018-02-02
69. HAIN CELESTIAL GROUP INC   2015-12-21 2018-02-02
14. HOME DEPOT INC   2017-03-31 2018-02-02
43. JPMORGAN CHASE & CO   2012-04-20 2018-02-02
55. LAS VEGAS SANDS CORP   2014-09-10 2018-02-02
134. MANULIFE FINANCIAL CORP   2015-12-21 2018-02-02
44. MERCK & CO INC NEW   2016-04-22 2018-02-02
6363.547 MERGER FUND-INST #301     2018-02-02
1068.961 MERGER FUND-INST #301     2018-02-02
111. MICROSOFT CORP     2018-02-02
356. ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-22 2018-02-02
62. NIKE INC CL B   2017-11-02 2018-02-02
800. OPPENHEIMER DEVELOPING MKT-I 799   2010-10-20 2018-02-02
33. PNC FINANCIAL SERVICES GROUP   2015-05-27 2018-02-02
2818.709 ROBECO BP LNG/SHRT RES-INS     2018-02-02
2737.4 ROBECO BP LNG/SHRT RES-INS   2013-07-22 2018-02-02
95. ROCHE HOLDINGS LTD - ADR   2015-02-27 2018-02-02
805. T ROWE PR OVERSEAS STOCK-I #521   2017-04-26 2018-02-02
78. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-01-20 2018-02-02
103. SPIRIT AEROSYTSEMS HOLD-CL A   2016-10-03 2018-02-02
75. SUNCOR ENERGY INC NEW F     2018-02-02
36. TARGET CORP   2010-01-06 2018-02-02
22. THERMO FISHER SCIENTIFIC INC   2010-01-06 2018-02-02
86. TOTAL S.A. - ADR     2018-02-02
36. UNION PACIFIC CORP     2018-02-02
1501.343 VANGUARD INFLAT-PROT SECS-ADM 5119     2018-02-02
23.879 VANGUARD INFLAT-PROT SECS-ADM 5119   2017-04-26 2018-02-02
50. ZOETIS INC   2017-04-25 2018-02-02
58. EATON CORP PLC     2018-02-02
37. TE CONNECTIVITY LTD   2017-10-23 2018-02-02
10000. CHEVRON CORP 4.950% 3/03/19     2018-02-05
10000. FED NATL MTG ASSN 2.625% 9/06/24   2015-11-16 2018-02-05
10000. FED HOME LN MTG CORP 3.750% 3/27/19     2018-02-05
5000. HALLIBURTON COMPANY 3.500% 8/01/23   2015-06-15 2018-02-05
20000. HOME DEPOT INC 4.400% 4/01/21     2018-02-05
100. ISHARES BARCLAYS MBS BOND FUND     2018-02-05
5000. PROCTER & GAMBLE CO/ 2.300% 2/06/22   2016-10-12 2018-02-05
5000. US TREASURY NOTE 2.125% 9/30/21   2015-11-16 2018-02-05
5000. US TREASURY NOTE 2.125% 9/30/21   2017-06-30 2018-02-05
10000. US TREASURY NOTE 3.125% 5/15/19     2018-02-05
5000. US TREASURY NOTE 2.250% 11/15/25   2017-08-10 2018-02-05
15000. US TREASURY NOTE 2.000% 12/31/22     2018-02-05
5000. US TREASURY NOTE 2.625% 8/15/20   2016-10-12 2018-02-05
5000. US TREASURY NOTE 1.750% 11/15/26   2017-06-30 2018-02-05
10000. US TREASURY NOTE 2.500% 5/15/24   2016-10-14 2018-02-05
5000. US TREASURY NOTE 2.000% 7/31/22   2017-12-01 2018-02-05
5000. APPLE INC 2.400% 5/03/23   2016-07-20 2018-02-06
10000. GENERAL ELEC CAP COR 4.650% 10/17/21     2018-02-06
5000. METLIFE INC 3.600% 4/10/24   2017-07-03 2018-02-06
5000. MORGAN STANLEY 2.500% 4/21/21   2017-06-26 2018-02-06
5000. NOVARTIS CAPITAL COR 3.000% 11/20/25   2016-05-23 2018-02-06
5000. PEPSICO INC 4.500% 1/15/20     2018-02-06
5000. VERIZON COMMUNICATIO 5.150% 9/15/23   2014-05-20 2018-02-06
8000. KINDER MORGAN ENER 5.950% 2/15/18     2018-02-15
15. AFFILIATED MANAGERS GROUP, INC COM   2016-01-22 2018-02-22
16. APPLE INC   2010-01-06 2018-02-22
26. CELANESE CORP   2014-10-30 2018-02-22
35. ELI LILLY & CO COM   2016-10-03 2018-02-22
18. MCKESSON CORP   2012-11-07 2018-02-22
26. UNITED PARCEL SERVICE-CL B   2017-03-24 2018-02-22
12. UNITEDHEALTH GROUP INC   2010-01-06 2018-02-22
180. CISCO SYSTEMS INC     2018-03-06
45. UNITEDHEALTH GROUP INC   2010-01-06 2018-03-06
10000. CHEVRON CORP 4.950% 3/03/19     2018-03-13
162. AFFILIATED MANAGERS GROUP, INC COM     2018-04-12
15000. US TREASURY NOTE 2.500% 5/15/24   2016-10-14 2018-04-23
13000. FED HOME LN MTG CORP 3.750% 3/27/19     2018-04-24
10000. GENERAL ELEC CAP COR 4.650% 10/17/21   2012-05-02 2018-05-17
5000. GENERAL ELEC CAP COR 4.650% 10/17/21   2017-07-07 2018-05-17
15000. PEPSICO INC 4.500% 1/15/20     2018-06-11
5000. VERIZON COMMUNICATIO 5.150% 9/15/23     2018-06-15
128. BAYER AG ADR- RIGHTS DEEMED 7/15/18   2016-12-09 2018-07-02
15000. FED HOME LN MTG CORP 3.750% 3/27/19     2018-07-02
437. COMCAST CORP CLASS A   2010-10-18 2018-07-12
7175. T ROWE PR REAL ESTATE-I #432     2018-07-13
589. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-01-20 2018-07-13
1024. VANGUARD REIT VIPER   2010-10-18 2018-07-13
165. VANGUARD REIT VIPER   2018-02-02 2018-07-13
120. MCKESSON CORP   2012-11-07 2018-07-17
47. APPLE INC   2010-01-06 2018-07-24
72. MICROSOFT CORP     2018-07-24
5000. US TREASURY NOTE 2.250% 11/15/25   2017-08-10 2018-07-24
512. BAYER AG - ADR   2016-12-09 2018-07-30
171. CITIGROUP INC     2018-08-08
2. ALPHABET INC/CA   2015-09-15 2018-08-29
2335. AMER CENT SMALL CAP GRWTH INST 336   2018-02-09 2018-08-29
19. APPLE INC   2010-01-06 2018-08-29
330. ARTISAN MID CAP FUND-INSTL 1333   2018-02-09 2018-08-29
5. BLACKROCK INC   2018-08-08 2018-08-29
34. CVS HEALTH CORPORATION   2017-08-09 2018-08-29
44. CISCO SYSTEMS INC   2011-02-24 2018-08-29
29. CITIGROUP INC   2014-06-11 2018-08-29
27. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2018-08-29
28. GILEAD SCIENCES INC   2017-03-24 2018-08-29
18. JPMORGAN CHASE & CO     2018-08-29
38. LAS VEGAS SANDS CORP   2018-07-27 2018-08-29
110. MANULIFE FINANCIAL CORP   2015-12-21 2018-08-29
23. MICROSOFT CORP   2015-10-13 2018-08-29
25. NIKE INC CL B   2017-11-02 2018-08-29
15. PNC FINANCIAL SERVICES GROUP   2015-05-27 2018-08-29
67. ROCHE HOLDINGS LTD - ADR   2015-02-27 2018-08-29
14. SCHLUMBERGER LTD   2008-02-28 2018-08-29
58. SUNCOR ENERGY INC NEW F   2015-07-07 2018-08-29
25. TJX COMPANIES INC   2011-10-11 2018-08-29
15. UNION PACIFIC CORP   2010-11-08 2018-08-29
8. UNITEDHEALTH GROUP INC   2010-01-06 2018-08-29
23. ZOETIS INC   2017-04-25 2018-08-29
23. TE CONNECTIVITY LTD   2017-10-23 2018-08-29
15000. AMGEN INC 5.700% 2/01/19     2018-09-06
10000. TIME WARNER INC 4.875% 3/15/20     2018-09-27
232.09 ARTISAN MID CAP FUND-INSTL 1333   2017-01-26 2018-10-02
104.91 ARTISAN MID CAP FUND-INSTL 1333   2018-02-09 2018-10-02
1278.023 BLACKROCK GL L/S CREDIT-K #1940   2018-02-09 2018-10-02
1825.977 BLACKROCK GL L/S CREDIT-K #1940   2015-11-16 2018-10-02
97. JP MORGAN MID CAP VALUE-I #758   2014-05-05 2018-10-02
6742.559 NEUBERGER BERMAN LONG SH-INS #1830   2017-05-26 2018-10-02
6292.441 NEUBERGER BERMAN LONG SH-INS #1830   2018-02-09 2018-10-02
5000. APPLE INC 2.400% 5/03/23   2014-10-20 2018-10-03
5000. BANK OF AMERICA CORP 5.625% 7/01/20   2016-05-24 2018-10-03
5000. CITIGROUP INC 2.700% 10/27/22   2017-10-30 2018-10-03
10000. FED NATL MTG ASSN 2.625% 9/06/24     2018-10-03
5000. HALLIBURTON COMPANY 3.500% 8/01/23   2017-01-26 2018-10-03
5000. HOME DEPOT INC 3.000% 4/01/26   2018-06-07 2018-10-03
70. ISHARES BARCLAYS MBS BOND FUND     2018-10-03
5000. JPMORGAN CHASE & CO 4.250% 10/15/20   2014-10-20 2018-10-03
5000. METLIFE INC 3.600% 4/10/24   2016-05-24 2018-10-03
5000. NOVARTIS CAPITAL COR 3.000% 11/20/25   2016-05-23 2018-10-03
5000. PROCTER & GAMBLE CO/ 2.300% 2/06/22   2013-01-25 2018-10-03
5000. US TREASURY NOTE 2.625% 6/15/21   2018-07-02 2018-10-03
10000. US TREASURY NOTE 2.125% 9/30/21   2015-06-04 2018-10-03
10000. US TREASURY NOTE 3.125% 5/15/19     2018-10-03
5000. US TREASURY NOTE 2.625% 8/15/20     2018-10-03
5000. U S TREASURY NT 3.125% 5/25/21   2018-04-24 2018-10-03
5000. US TREASURY NOTE 1.750% 11/15/26   2017-01-25 2018-10-03
5000. US TREASURY NOTE 2.500% 5/15/24   2016-10-14 2018-10-03
5000. US TREASURY NOTE 2.000% 7/31/22   2017-12-01 2018-10-03
5000. UNITED TECHNOLOGIES 3.100% 6/01/22     2018-10-03
246. AQR MANAGED FUTURES STR-I   2016-08-25 2018-10-12
1250. AQR MANAGED FUTURES STR-I   2016-08-25 2018-10-12
1313. INV BALANCE RISK COMM STR-Y 8611   2018-10-09 2018-10-12
5. APPLE INC   2010-01-06 2018-10-12
1512. BLACKROCK GL L/S CREDIT-K #1940   2015-11-16 2018-10-12
151. CISCO SYSTEMS INC   2011-02-24 2018-10-12
18. WALT DISNEY CO   2018-04-12 2018-10-12
135. DODGE & COX INT'L STOCK FD #1048   2018-10-09 2018-10-12
10000. DOW CHEMICAL CO/THE 4.125% 11/15/21     2018-10-12
494.74242 EATON VANCE GLOB MACRO ADV-I 208   2018-02-09 2018-10-12
977.25758 EATON VANCE GLOB MACRO ADV-I 208   2018-02-09 2018-10-12
1979. FID ADV EMER MKTS INC- CL I 607     2018-10-12
192. JP MORGAN MID CAP VALUE-I #758   2014-05-05 2018-10-12
10000. GOLDMAN SACHS GROUP 3.750% 5/22/25   2017-09-27 2018-10-12
700.78 JOHN HANCOCK II-CURR STR-I 3643   2018-02-09 2018-10-12
592.22 JOHN HANCOCK II-CURR STR-I 3643   2018-02-09 2018-10-12
704.73364 JPMORGAN HIGH YIELD FUND SS 3580   2018-02-09 2018-10-12
81.769 JPMORGAN HIGH YIELD FUND SS 3580   2017-04-26 2018-10-12
113.49736 JPMORGAN HIGH YIELD FUND SS 3580   2018-02-09 2018-10-12
372. MANULIFE FINANCIAL CORP   2015-12-21 2018-10-12
33. MERCK & CO INC NEW     2018-10-12
498.67925 ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-22 2018-10-12
167.32075 ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-22 2018-10-12
440. NEUBERGER BERMAN LONG SH-INS #1830   2017-05-26 2018-10-12
48. PNC FINANCIAL SERVICES GROUP   2015-05-27 2018-10-12
275. T ROWE PR OVERSEAS STOCK-I #521   2018-10-09 2018-10-12
97.913 T ROWE PRICE INST FLOAT RATE 170   2018-02-09 2018-10-12
202.087 T ROWE PRICE INST FLOAT RATE 170   2017-04-26 2018-10-12
31.76187 T ROWE PR REAL ESTATE-I #432   2017-04-26 2018-10-12
61.92 T ROWE PR REAL ESTATE-I #432   2018-10-09 2018-10-12
151.31813 T ROWE PR REAL ESTATE-I #432     2018-10-12
140. SPDR DJ WILSHIRE INTERNATIONAL REAL   2018-10-02 2018-10-12
45. STERLING CAPITAL STRATTON SMALL CAP   2018-10-09 2018-10-12
470.35294 TCW EMRG MKTS INCM-I 4721   2018-07-16 2018-10-12
2115.64706 TCW EMRG MKTS INCM-I 4721   2018-07-16 2018-10-12
41. TJX COMPANIES INC   2011-10-11 2018-10-12
40. TOTAL S.A. - ADR   2017-08-09 2018-10-12
53. UNION PACIFIC CORP     2018-10-12
17. UNITED PARCEL SERVICE-CL B   2017-03-24 2018-10-12
10000. US TREASURY NOTE 2.750% 2/15/28   2018-03-09 2018-10-12
3368. T ROWE PR REAL ESTATE-I #432     2018-11-16
2385. SPDR DJ WILSHIRE INTERNATIONAL REAL     2018-11-16
22. SPDR DJ WILSHIRE INTERNATIONAL REAL   2018-10-02 2018-11-16
5000. BANK OF AMERICA CORP 5.625% 7/01/20   2017-01-25 2018-11-27
433. SCHLUMBERGER LTD     2018-12-03
99. SCHLUMBERGER LTD     2018-12-03
121. AMERIPRISE FINL INC     2018-12-21
50. AMERIPRISE FINL INC     2018-12-21
140. COMCAST CORP CLASS A   2010-10-18 2018-12-21
75. COMCAST CORP CLASS A   2018-11-19 2018-12-21
65. NIKE INC CL B   2018-11-19 2018-12-21
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,570   3,182 2,388
b 19,237   13,964 5,273
c 6,623   1,237 5,386
d 2,592   2,028 564
e 2,724   929 1,795
2,737   1,557 1,180
12,225   2,384 9,841
2,712   912 1,800
3,779   2,186 1,593
6,094   3,511 2,583
4,622   3,021 1,601
4,553   3,534 1,019
4,551   1,053 3,498
2,972   2,256 716
2,604   765 1,839
5,695   4,156 1,539
3,039   3,025 14
172,196   169,982 2,214
4,380   3,927 453
4,422   3,642 780
2,574   2,844 -270
2,717   2,058 659
4,914   1,843 3,071
4,140   3,461 679
2,720   2,000 720
2,583   2,497 86
102,326   99,080 3,246
17,189   16,959 230
10,221   5,360 4,861
4,037   4,112 -75
4,155   3,427 728
36,200   27,242 8,958
5,200   3,167 2,033
49,271   44,954 4,317
47,850   36,736 11,114
2,853   3,237 -384
9,386   8,074 1,312
3,185   2,841 344
9,629   4,657 4,972
2,657   2,075 582
2,627   1,788 839
4,808   1,059 3,749
4,923   4,272 651
4,652   2,789 1,863
37,849   39,610 -1,761
602   618 -16
3,850   2,757 1,093
4,939   2,520 2,419
3,777   3,269 508
10,298   11,176 -878
9,941   10,157 -216
10,204   10,949 -745
5,114   5,095 19
21,024   22,206 -1,182
10,464   10,918 -454
4,925   5,141 -216
4,953   5,070 -117
4,953   5,071 -118
10,143   10,702 -559
4,821   5,040 -219
14,721   15,112 -391
5,052   5,263 -211
4,690   4,881 -191
9,903   10,644 -741
4,899   4,984 -85
4,868   5,112 -244
10,579   11,209 -630
5,097   5,256 -159
4,938   5,015 -77
4,946   5,189 -243
5,207   5,556 -349
5,481   5,602 -121
8,000   8,934 -934
2,843   2,017 826
2,771   483 2,288
2,691   1,513 1,178
2,704   2,824 -120
2,709   1,706 1,003
2,734   2,728 6
2,739   382 2,357
7,964   3,542 4,422
10,166   1,433 8,733
10,225   10,796 -571
28,104   15,714 12,390
14,674   15,966 -1,292
13,174   14,033 -859
10,389   10,923 -534
5,194   5,492 -298
15,432   16,395 -963
5,396   5,550 -154
213     213
15,155   15,948 -793
15,021   4,145 10,876
203,985   205,062 -1,077
23,173   21,451 1,722
84,353   49,461 34,892
13,592   12,683 909
16,171   11,376 4,795
9,059   1,418 7,641
7,735   3,393 4,342
4,779   5,040 -261
14,213   12,660 1,553
12,493   8,482 4,011
2,497   1,273 1,224
49,432   39,929 9,503
4,227   573 3,654
16,068   13,603 2,465
2,424   2,445 -21
2,532   2,698 -166
2,088   812 1,276
2,101   1,416 685
2,099   1,590 509
2,117   1,888 229
2,085   759 1,326
2,517   2,702 -185
2,060   1,642 418
2,564   1,080 1,484
2,067   1,382 685
2,195   1,440 755
2,079   2,283 -204
903   1,240 -337
2,432   1,594 838
2,719   721 1,998
2,263   690 1,573
2,149   255 1,894
2,067   1,268 799
2,121   2,032 89
15,176   16,637 -1,461
10,283   10,878 -595
11,170   9,499 1,671
5,049   4,324 725
13,317   13,317  
19,027   19,009 18
4,026   3,527 499
102,285   93,182 9,103
95,456   90,737 4,719
4,788   4,861 -73
5,198   5,582 -384
4,804   4,985 -181
9,722   10,116 -394
4,968   5,091 -123
4,789   4,795 -6
7,181   7,569 -388
5,095   5,435 -340
5,009   5,244 -235
4,780   5,189 -409
4,854   5,033 -179
4,960   4,998 -38
9,766   10,088 -322
10,038   10,644 -606
4,980   5,105 -125
5,025   5,070 -45
4,592   4,781 -189
4,856   5,322 -466
4,823   4,984 -161
4,912   5,185 -273
2,167   2,514 -347
11,013   12,775 -1,762
8,981   9,060 -79
1,091   151 940
15,740   15,740  
6,803   2,787 4,016
2,010   1,805 205
5,596   5,739 -143
10,207   10,325 -118
4,799   5,126 -327
9,479   10,124 -645
24,975   27,677 -2,702
7,561   6,981 580
9,719   10,314 -595
6,279   6,629 -350
5,306   5,602 -296
5,081   5,138 -57
590   610 -20
818   827 -9
5,816   5,552 264
2,280   1,862 418
5,495   5,760 -265
1,844   1,933 -89
6,512   6,081 431
5,918   4,607 1,311
2,874   2,956 -82
977   982 -5
2,017   2,033 -16
839   898 -59
1,635   1,716 -81
3,995   4,281 -286
5,067   5,293 -226
3,698   3,911 -213
3,697   3,777 -80
16,629   16,989 -360
4,449   1,183 3,266
2,447   2,059 388
8,074   2,352 5,722
1,943   1,784 159
9,666   9,879 -213
93,934   92,492 1,442
88,517   85,853 2,664
817   832 -15
5,165   5,494 -329
19,916   34,503 -14,587
4,554   6,087 -1,533
12,212   12,529 -317
5,046   6,791 -1,745
4,780   1,328 3,452
2,561   2,891 -330
4,731   4,730 1
      106,612
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       2,388
b       5,273
c       5,386
d       564
e       1,795
      1,180
      9,841
      1,800
      1,593
      2,583
      1,601
      1,019
      3,498
      716
      1,839
      1,539
      14
      2,214
      453
      780
      -270
      659
      3,071
      679
      720
      86
      3,246
      230
      4,861
      -75
      728
      8,958
      2,033
      4,317
      11,114
      -384
      1,312
      344
      4,972
      582
      839
      3,749
      651
      1,863
      -1,761
      -16
      1,093
      2,419
      508
      -878
      -216
      -745
      19
      -1,182
      -454
      -216
      -117
      -118
      -559
      -219
      -391
      -211
      -191
      -741
      -85
      -244
      -630
      -159
      -77
      -243
      -349
      -121
      -934
      826
      2,288
      1,178
      -120
      1,003
      6
      2,357
      4,422
      8,733
      -571
      12,390
      -1,292
      -859
      -534
      -298
      -963
      -154
      213
      -793
      10,876
      -1,077
      1,722
      34,892
      909
      4,795
      7,641
      4,342
      -261
      1,553
      4,011
      1,224
      9,503
      3,654
      2,465
      -21
      -166
      1,276
      685
      509
      229
      1,326
      -185
      418
      1,484
      685
      755
      -204
      -337
      838
      1,998
      1,573
      1,894
      799
      89
      -1,461
      -595
      1,671
      725
       
      18
      499
      9,103
      4,719
      -73
      -384
      -181
      -394
      -123
      -6
      -388
      -340
      -235
      -409
      -179
      -38
      -322
      -606
      -125
      -45
      -189
      -466
      -161
      -273
      -347
      -1,762
      -79
      940
       
      4,016
      205
      -143
      -118
      -327
      -645
      -2,702
      580
      -595
      -350
      -296
      -57
      -20
      -9
      264
      418
      -265
      -89
      431
      1,311
      -82
      -5
      -16
      -59
      -81
      -286
      -226
      -213
      -80
      -360
      3,266
      388
      5,722
      159
      -213
      1,442
      2,664
      -15
      -329
      -14,587
      -1,533
      -317
      -1,745
      3,452
      -330
      1
       
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 2 340,544
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 278,330 5,870,983 0.047408
2016 315,663 5,570,780 0.056664
2015 292,296 5,960,848 0.049036
2014 272,993 6,189,290 0.044107
2013 287,325 5,912,317 0.048598
2
Total of line 1, column (d) .....................
2
0.245813
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
0.049163
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,973,752
5
Multiply line 4 by line 3......................
5
293,688
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,278
7
Add lines 5 and 6........................
7
297,966
8
Enter qualifying distributions from Part XII, line 4,.............
8
279,516
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 8,556
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 8,556
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 8,556
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,336
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 6,336
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,220
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Wells Fargo Bank NA TRUSTEE
    1     		61,020    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,832,860
    b
    Average of monthly cash balances.......................
    1b
    231,863
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,064,723
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,064,723
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    90,971
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,973,752
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    298,688
    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
    298,688
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,556
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,556
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    290,132
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    290,132
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    290,132
    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
    279,516
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    279,516
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    279,516
    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 7 290,132
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 256,488
    b Total for prior years:2016, 2015, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 279,516
    a Applied to 2017, but not more than line 2a 256,488
    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..... 23,028
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		267,104
    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) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HABITAT FOR HUMANITY ST JOSEPH COUNTY
    402 E SOUTH ST
    SOUTH BEND,IN46601     		NONE PC GENERAL OPERATING 20,000
    LOGAN COMMUNITY RESOURCES INC
    1800 N MERIDIAN STREET SUITE 600
    INDIANAPOLIS,IN46202     		NONE PC GENERAL OPERATING 65,500
    FOUNDATION OF SAINT JOSEPH
    707 E CEDAR STREET STE 100
    SOUTH BEND,IN46617     		NONE PC GENERAL OPERATING 22,000
    SOUTH BEND HERITAGE
    803 LINCOLNWAY WEST
    SOUTH BEND,IN46616     		NONE PC GENERAL OPERATING 49,500
    UNITED WAY OF ST JOSEPH COUNTY
    3517 E JEFFERSON BLVD
    SOUTH BEND,IN46615     		NONE PC GENERAL OPERATING 25,000
    REAL SERVICES INC
    1151 S MICHIGAN ST
    SOUTH BEND,IN46601     		NONE PC GENERAL OPERATING 75,000
    Total .................................bullet 3a 257,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 139,144  
    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 ............     		    18 340,544  
    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)..   479,688  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    479,688
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,167     1,167

    TY 2018 GeneralExplanationAttachment
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Identifier Return Reference Explanation
    The compensation reported in column (c) is calculated based on periodic market values and/or the applicable fee agreement. It is not determined on an hourly basis and the reference to one hour per week is an estimate only. Corporate trustee services include, but are not limited to, administrative services such as fiduciary accounting, custody of assets, complying with tax filing requirements, complying with distribution provisions, and complying with federal and state laws applicable to private foundations, plus asset management services such as creating asset allocation strategies, investments reporting and reallocating and rebalancing of portfolios as necessary.

    TY 2018 InvestmentsOtherSchedule2
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    20030N101 COMCAST CORP CLASS A AT COST 3,879 13,926
    77956H435 T ROWE PR OVERSEAS S AT COST 193,951 179,145
    779919307 T ROWE PR REAL ESTAT AT COST 53,000 50,522
    150870103 CELANESE CORP AT COST 15,090 29,510
    77958B402 T ROWE PRICE INST FL AT COST 34,948 33,688
    00206R102 AT & T INC AT COST 43,244 36,160
    Y2573F102 FLEXTRONICS INTL LTD AT COST 29,598 14,254
    192446102 COGNIZANT TECH SOLUT AT COST 31,335 34,787
    437076102 HOME DEPOT INC AT COST 18,592 21,306
    693475105 PNC FINANCIAL SERVIC AT COST 21,950 27,006
    872540109 TJX COS INC NEW AT COST 8,580 16,420
    89151E109 TOTAL FINA ELF S.A. AT COST 31,083 33,134
    912828WJ5 US TREASURY NOTE 2.5 AT COST 15,370 14,972
    91324P102 UNITEDHEALTH GROUP I AT COST 11,038 45,838
    46625H100 JPMORGAN CHASE & CO AT COST 20,755 37,193
    09260C703 BLACKROCK GL L/S CRE AT COST 168,239 158,232
    256206103 DODGE & COX INT'L ST AT COST 169,321 180,012
    912828NT3 US TREASURY NOTE 2.6 AT COST 15,164 15,021
    912828U24 US TREASURY NOTE AT COST 14,343 14,319
    404280AN9 HSBC HOLDING PLC 4.0 AT COST 5,034 5,065
    037833AK6 APPLE INC 2.400% 5/0 AT COST 9,642 9,669
    037833100 APPLE COMPUTER INC C AT COST 21,506 66,409
    654106103 NIKE INC CL B AT COST 24,882 33,808
    375558103 GILEAD SCIENCES INC AT COST 8,205 17,076
    26875P101 EOG RESOURCES, INC AT COST 25,115 20,058
    04314H600 ARTISAN MID CAP FUND AT COST 227,977 185,698
    9128284F4 US TREASURY NOTE AT COST 9,825 10,030
    912828KQ2 US TREASURY NOTE 3.1 AT COST 26,195 25,056
    H42097107 UBS GROUP AG AT COST 27,911 17,666
    025083320 AMER CENT SMALL CAP AT COST 187,573 171,447
    63872T885 ASG GLOBAL ALTERNATI AT COST 114,224 108,340
    94973VAS6 WELLPOINT INC 4.350% AT COST 7,354 7,123
    46625HHU7 JPMORGAN CHASE & CO AT COST 16,224 15,270
    00888Y508 INV BALANCE RISK COM AT COST 116,065 104,963
    464288588 ISHARES BARCLAYS MBS AT COST 29,807 29,302
    G29183103 EATON CORP PLC AT COST 11,934 17,783
    17275R102 CISCO SYSTEMS INC AT COST 19,058 41,120
    64128R608 NEUBERGER BERMAN LON AT COST 101,238 100,420
    172967LQ2 CITIGROUP INC AT COST 9,969 9,640
    126650100 CVS/CAREMARK CORPORA AT COST 23,888 33,022
    285512109 ELECTRONIC ARTS INC AT COST 12,699 13,099
    606822BA1 MITSUBISHI UFJ FIN AT COST 10,026 10,046
    126650DC1 CVS HEALTH CORP AT COST 9,991 9,972
    912828M56 US TREASURY NOTE AT COST 14,838 14,669
    00206RDC3 AT&T INC AT COST 5,062 5,083
    47803M168 JOHN HANCOCK II-CURR AT COST 120,435 116,166
    512807108 LAM RESEARCH CORP CO AT COST 22,964 18,791
    594918104 MICROSOFT CORP AT COST 27,889 77,803
    883556102 THERMO FISHER SCIENT AT COST 9,841 33,569
    907818108 UNION PACIFIC CORP AT COST 14,581 39,672
    59156RBH0 METLIFE INC 3.600% 4 AT COST 10,474 10,069
    09247X101 BLACKROCK INC AT COST 25,282 27,890
    87234N765 TCW EMRG MKTS INCM-I AT COST 292,899 279,768
    084670702 BERSHIRE HATHAWAY IN AT COST 7,149 20,418
    912828N30 US TREASURY NOTE AT COST 25,158 24,648
    912828QN3 U S TREASURY NT 3.12 AT COST 10,140 10,148
    848574109 SPIRIT AEROSYTSEMS H AT COST 11,140 15,499
    98978V103 ZOETIS INC AT COST 17,846 24,807
    78463X863 SPDR DJ WILSHIRE INT AT COST 52,348 53,646
    406216BD2 HALLIBURTON COMPANY AT COST 10,047 9,926
    911312106 UNITED PARCEL SERVIC AT COST 17,027 22,237
    9128284T4 US TREASURY NOTE AT COST 9,996 10,033
    867224107 SUNCOR ENERGY INC NE AT COST 34,792 34,851
    58933Y105 MERCK & CO INC NEW AT COST 21,328 30,488
    912828XQ8 US TREASURY NOTE AT COST 9,969 9,835
    85917K546 STERLING CAPITAL STR AT COST 221,738 188,701
    437076BM3 HOME DEPOT INC AT COST 9,591 9,686
    06051GEC9 BANK OF AMERICA CORP AT COST 10,224 10,338
    61746BEA0 MORGAN STANLEY AT COST 10,029 9,788
    05567LT31 BNP PARIBAS 5.000% 1 AT COST 10,495 10,348
    H84989104 TE CONNECTIVITY LTD AT COST 22,518 25,412
    277923264 EATON VANCE GLOB MAC AT COST 183,844 168,388
    913017BV0 UNITED TECHNOLOGIES AT COST 10,059 9,792
    609207105 MONDELEZ INTERNATION AT COST 33,709 31,464
    12572Q105 CME GROUP INC AT COST 16,463 32,733
    254687106 WALT DISNEY CO AT COST 16,066 31,908
    532457108 ELI LILLY & CO COM AT COST 19,975 29,161
    771195104 ROCHE HOLDINGS LTD - AT COST 29,505 27,661
    3135G0ZR7 FED NATL MTG ASSN 2. AT COST 20,082 19,930
    339128100 JP MORGAN MID CAP VA AT COST 155,211 216,581
    4812C0803 JPMORGAN HIGH YIELD AT COST 78,829 75,228
    86562MAQ3 SUMITOMO MITSUI FINL AT COST 9,649 9,744
    683974604 OPPENHEIMER DEVELOPI AT COST 303,109 344,649
    097023105 BOEING COMPANY AT COST 13,111 27,090
    25243Q205 DIAGEO PLC - ADR AT COST 22,139 33,748
    87612E106 TARGET CORP AT COST 13,345 16,258
    405217100 HAIN CELESTIAL GROUP AT COST 20,806 10,531
    912828F21 US TREASURY NOTE 2.1 AT COST 20,145 19,810
    66989HAJ7 NOVARTIS CAPITAL COR AT COST 10,261 9,687
    00203H859 AQR MANAGED FUTURES AT COST 196,079 163,977
    517834107 LAS VEGAS SANDS CORP AT COST 28,699 27,014
    172967424 CITIGROUP INC AT COST 19,429 21,449
    742718DY2 PROCTER & GAMBLE CO/ AT COST 11,891 11,814
    46434G103 ISHARES CORE MSCI EM AT COST 177,652 169,834
    56501R106 MANULIFE FINANCIAL C AT COST 19,645 19,625
    961214DW0 WESTPAC BANKING CORP AT COST 9,762 9,638
    31641Q763 FIDELITY NEW MRKTS I AT COST 360,297 336,410
    02079K107 ALPHABET INC/CA AT COST 22,082 49,709

    TY 2018 OtherDecreasesSchedule
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Description Amount
    PY RETURN OF CAPITAL ADJUSTMENT 1,955
    COST BASIS ADJUSTMENT 857


    TY 2018 OtherExpensesSchedule
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ADMINISTRATIVE EXPENSE 3,047 0   3,047
    OTHER ADMINISTRATIVE EXPENSE 3,047 0   3,047
    INVESTMENT EXPENSES-DIVIDEND I 75 75   0


    TY 2018 OtherIncreasesSchedule
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 633


    TY 2018 TaxesSchedule
    Name:
    MILTON ROBT & CLARA CHAR TR FDN
    EIN:
    35-6502846
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,306 3,306   0
    FEDERAL TAX PAYMENT - PRIOR YE 4,944 0   0
    FEDERAL ESTIMATES - PRINCIPAL 6,336 0   0
    FOREIGN TAXES ON NONQUALIFIED 956 956   0