TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
VERLIE P & JOHN L HARPER CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT P O BOX 116
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202

A Employer identification number

30-6046872

B Telephone number (see instructions)

(205) 420-7753

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$3,785,408J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	96,675		95,667
5a	Gross rents............	4,000		4,000
b	Net rental income or (loss) 3,466
6a	Net gain or (loss) from sale of assets not on line 10		8,549
b	Gross sales price for all assets on line 6a 949,153
7	Capital gain net income (from Part IV, line 2)...			8,549
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).......		4,705	4,705
12	Total. Add lines 1 through 11........	113,929		112,921
13	Compensation of officers, directors, trustees, etc.	38,173		30,539		7,635
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).......		2,400	0	0	2,400
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		2,831	881		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).......		5,397	5,397
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	48,801		36,817	0	10,035
25	Contributions, gifts, grants paid.......	198,918				198,918
26	Total expenses and disbursements. Add lines 24 and 25	247,719		36,817	0	208,953
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-133,790
b	Net investment income (if negative, enter -0-)			76,104
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	534	86	86
	2	Savings and temporary cash investments.........	44,673	25,417	25,417
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	373,267
	b	Investments—corporate stock (attach schedule).......	740,975
	c	Investments—corporate bonds (attach schedule).......	878,496
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............	42,905
	13	Investments—other (attach schedule)..........	1,216,032	3,137,277	3,238,664
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	60,246	60,246	521,241
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,357,128	3,223,026	3,785,408
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	3,357,128	3,223,026
	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).....	3,357,128	3,223,026
	31	Total liabilities and net assets/fund balances (see instructions).	3,357,128	3,223,026

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

3,357,128

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

-133,790

Other increases not included in line 2 (itemize) bullet

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

3,223,338

Decreases not included in line 2 (itemize) bullet

312

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

3,223,026

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	55.3 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-01-01
b	39.74 FG G05408 5% 01 DEC 2036		2012-07-09	2018-01-01
c	5.85 FG G05508 5% 01 FEB 2039		2015-06-05	2018-01-01
d	269.57 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-01-01
e	241.56 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-01-01
	164.31 FG G18557 3% 01 JUN 2030		2015-09-08	2018-01-01
	212.06 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-01-01
	24.73 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-01-01
	105.75 FG A95147 4% 01 NOV 2040		2012-06-11	2018-01-01
	121.39 FHLMC POOL #G6-0080		2015-08-07	2018-01-01
	245.23 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-01-01
	85.58 FNMA POOL 0AH5575		2013-07-11	2018-01-01
	90.69 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-01-01
	183.94 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-01-01
	114.49 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-01-01
	75.56 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-01-01
	128.91 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-01-01
	152.98 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-01-01
	99.78 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-01-01
	121.53 FNMA POOL 0AU3735		2014-11-07	2018-01-01
	15.85 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-01-01
	63.88 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-01-01
	58.43 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-01-01
	25.3 FNMA POOL 0745500		2010-06-08	2018-01-01
	20.73 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-01-01
	52.49 FN 930055 6% 01 OCT 2038		2010-06-08	2018-01-01
	112.41 FN 963138 5% 01 MAY 2023		1901-01-01	2018-01-01
	45.48 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-01-01
	95.02 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-01-01
	40.14 FNMA POOL 0AD6432		2012-04-05	2018-01-01
	94.23 FNMA POOL 0AE0981		2013-03-06	2018-01-01
	81.12 FNMA POOL 0AE3066		2011-08-09	2018-01-01
	26000.18242 US TREASURY N/B 1.25% 31 JAN 2020		2016-04-01	2018-01-10
	999.81758 US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-01-10
	13000. US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-01-12
	13000. US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-01-17
	14000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023		2016-07-19	2018-01-18
	2000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023		2017-12-07	2018-01-18
	14000. US TREASURY N/B 1.75% 30 APR 2022		2017-02-06	2018-01-19
	271.592 FIDELITY INV GRADE BOND FUND 26		2017-04-11	2018-01-25
	62.419 M F S BOND FUND-I		2016-04-22	2018-01-25
	350. REGAL ENTMT GROUP		2017-06-05	2018-01-25
	81.066 TCW CORE FXD INCM-I		2016-04-22	2018-01-25
	192.662 VANGUARD TOT BD MKT IDX-ADM		2017-06-05	2018-01-25
	43.03 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-02-01
	44.99 FG G05408 5% 01 DEC 2036		2012-07-09	2018-02-01
	13.7 FG G05508 5% 01 FEB 2039		2015-06-05	2018-02-01
	254.28 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-02-01
	255.05 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-02-01
	125.57 FG G18557 3% 01 JUN 2030		2015-09-08	2018-02-01
	183.06 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-02-01
	9.31 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-02-01
	77.43 FG A95147 4% 01 NOV 2040		2012-06-11	2018-02-01
	92.27 FHLMC POOL #G6-0080		2015-08-07	2018-02-01
	231. FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-02-01
	99.17 FNMA POOL 0AH5575		2013-07-11	2018-02-01
	70.15 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-02-01
	178.8 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-02-01
	13.2 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-02-01
	104.81 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-02-01
	93.39 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-02-01
	131.44 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-02-01
	88.02 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-02-01
	90.81 FNMA POOL 0AU3735		2014-11-07	2018-02-01
	20. FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-02-01
	48.25 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-02-01
	48.95 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-02-01
	16.75 FNMA POOL 0745500		2010-06-08	2018-02-01
	15.54 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-02-01
	52.15 FN 930055 6% 01 OCT 2038		2010-06-08	2018-02-01
	126.58 FN 963138 5% 01 MAY 2023		2010-06-08	2018-02-01
	11.26 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-02-01
	118.61 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-02-01
	28.2 FNMA POOL 0AD6432		2012-04-05	2018-02-01
	78.22 FNMA POOL 0AE0981		2013-03-06	2018-02-01
	92.6 FNMA POOL 0AE3066		2011-08-09	2018-02-01
	5000. US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-02-05
	827.215 TCW CORE FXD INCM-I		2016-04-22	2018-02-09
	2822.219 VANGUARD TOT BD MKT IDX-ADM		2017-04-11	2018-02-09
	15000. DEUTSCHE BANK AG LONDON 1.875% 13 FEB 2018		2015-02-18	2018-02-13
	7000. US TREASURY N/B .75% 15 JUL 2019		2016-08-04	2018-02-13
	11999.98534 US TREASURY N/B 1.625% 15 MAY 2026		2016-08-10	2018-02-16
	2000.01466 US TREASURY N/B 1.625% 15 MAY 2026		2016-08-10	2018-02-16
	7999.95886 US TREASURY N/B 2.875% 15 MAY 2043		2016-11-16	2018-02-21
	6000.04114 US TREASURY N/B 2.875% 15 MAY 2043		2016-11-16	2018-02-21
	240. ALTRIA GROUP INC		2016-12-21	2018-03-01
	24.27 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-03-01
	37.06 FG G05408 5% 01 DEC 2036		2012-07-09	2018-03-01
	3.18 FG G05508 5% 01 FEB 2039		2015-06-05	2018-03-01
	224.4 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-03-01
	233.57 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-03-01
	141.05 FG G18557 3% 01 JUN 2030		2015-09-08	2018-03-01
	174.95 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-03-01
	23.75 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-03-01
	35.43 FG A95147 4% 01 NOV 2040		2012-06-11	2018-03-01
	108.3 FHLMC POOL #G6-0080		2015-08-07	2018-03-01
	105.76 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-03-01
	74.03 FNMA POOL 0AH5575		2013-07-11	2018-03-01
	80.54 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-03-01
	161.81 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-03-01
	69.05 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-03-01
	44.32 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-03-01
	122.55 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-03-01
	134.82 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-03-01
	130.2 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-03-01
	67.86 FNMA POOL 0AU3735		2014-11-07	2018-03-01
	14.57 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-03-01
	50.86 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-03-01
	42.3 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-03-01
	10.46 FNMA POOL 0745500		2010-06-08	2018-03-01
	13.71 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-03-01
	697.91 FN 930055 6% 01 OCT 2038		2010-06-08	2018-03-01
	61.26 FN 963138 5% 01 MAY 2023		2010-06-08	2018-03-01
	74.58 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-03-01
	93.88 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-03-01
	34.69 FNMA POOL 0AD6432		2012-04-05	2018-03-01
	66.89 FNMA POOL 0AE0981		2013-03-06	2018-03-01
	70.96 FNMA POOL 0AE3066		2011-08-09	2018-03-01
	13000. US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-03-07
	7675.385 AQR MANAGED FUTURES STRATEGY FUND-I		2016-04-22	2018-03-09
	644.266 M F S BOND FUND-I		2016-04-22	2018-03-09
	160. PNC BANK CORP		2016-10-04	2018-03-09
	6257.602 WILLIAM BLAIR MACRO ALLOC-IS		2016-04-22	2018-03-09
	13000. US TREASURY N/B 1.25% 31 JAN 2020		2016-02-10	2018-03-12
	14000. US TREASURY N/B 1.625% 15 MAY 2026		2016-08-10	2018-03-16
	208.76 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-04-01
	30.4 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-04-02
	55.99 FG G05408 5% 01 DEC 2036		2012-07-09	2018-04-02
	6.34 FG G05508 5% 01 FEB 2039		2015-06-05	2018-04-02
	211.85 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-04-02
	253.64 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-04-02
	164.84 FG G18557 3% 01 JUN 2030		2015-09-08	2018-04-02
	174.86 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-04-02
	16.18 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-04-02
	63.45 FG A95147 4% 01 NOV 2040		2012-06-11	2018-04-02
	99.76 FHLMC POOL #G6-0080		2015-08-07	2018-04-02
	106.55 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-04-02
	88.7 FNMA POOL 0AH5575		2013-07-11	2018-04-02
	101.46 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-04-02
	63.63 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-04-02
	50.19 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-04-02
	151.86 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-04-02
	138.89 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-04-02
	117.12 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-04-02
	114.39 FNMA POOL 0AU3735		2014-11-07	2018-04-02
	15.82 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-04-02
	45.56 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-04-02
	47.05 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-04-02
	8.19 FNMA POOL 0745500		2010-06-08	2018-04-02
	13.21 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-04-02
	51.79 FN 930055 6% 01 OCT 2038		2010-06-08	2018-04-02
	62.97 FN 963138 5% 01 MAY 2023		2010-06-08	2018-04-02
	43.11 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-04-02
	126.21 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-04-02
	53.55 FNMA POOL 0AD6432		2012-04-05	2018-04-02
	76.45 FNMA POOL 0AE0981		2013-03-06	2018-04-02
	90.45 FNMA POOL 0AE3066		2011-08-09	2018-04-02
	450. WELLS FARGO & CO NEW COM		2016-06-08	2018-04-03
	2000.17802 US TREASURY N/B 2.875% 15 MAY 2043		2016-10-31	2018-04-05
	1999.82198 US TREASURY N/B 2.875% 15 MAY 2043		2016-10-31	2018-04-05
	18000. US TREASURY N/B 1.25% 31 JAN 2020		2016-03-14	2018-04-05
	4000. US TREASURY N/B 1.625% 15 MAY 2026		2016-08-10	2018-04-05
	11000. US TREASURY N/B 1.25% 31 JAN 2020		2015-03-13	2018-04-11
	2000. US TREASURY N/B 1.25% 31 JAN 2020		2017-12-06	2018-04-11
	13000. ORACLE CORP 5.75% 15 APR 2018		2011-10-06	2018-04-16
	1000. ORACLE CORP 5.75% 15 APR 2018		2018-01-05	2018-04-16
	29000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019		2016-02-09	2018-04-23
	13000. BANK OF AMERICA CORP 6.875% 25 APR 2018		2011-10-06	2018-04-25
	1000. BANK OF AMERICA CORP 6.875% 25 APR 2018		2018-01-05	2018-04-25
	50.61 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-05-01
	37.11 FG G05408 5% 01 DEC 2036		2012-07-09	2018-05-01
	6.47 FG G05508 5% 01 FEB 2039		2015-06-05	2018-05-01
	210.47 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-05-01
	230.89 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-05-01
	140.09 FG G18557 3% 01 JUN 2030		2015-09-08	2018-05-01
	170.2 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-05-01
	36.84 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-05-01
	99.61 FG A95147 4% 01 NOV 2040		2012-06-11	2018-05-01
	114.96 FHLMC POOL #G6-0080		2015-08-07	2018-05-01
	123.37 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-05-01
	58.53 FNMA POOL 0AH5575		2013-07-11	2018-05-01
	90.89 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-05-01
	186.14 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-05-01
	63.73 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-05-01
	148.78 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-05-01
	66.3 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-05-01
	139.53 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-05-01
	117.76 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-05-01
	88.29 FNMA POOL 0AU3735		2014-11-07	2018-05-01
	15.84 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-05-01
	60.25 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-05-01
	51.12 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-05-01
	4.98 FNMA POOL 0745500		2010-06-08	2018-05-01
	123.63 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-05-01
	12.8 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-05-01
	51.8 FN 930055 6% 01 OCT 2038		2010-06-08	2018-05-01
	60.16 FN 963138 5% 01 MAY 2023		2010-06-08	2018-05-01
	38.56 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-05-01
	121.8 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-05-01
	51.17 FNMA POOL 0AD6432		2012-04-05	2018-05-01
	74.55 FNMA POOL 0AE0981		2013-03-06	2018-05-01
	76.95 FNMA POOL 0AE3066		2011-08-09	2018-05-01
	1000. US TREASURY N/B 1.25% 31 JAN 2020		2017-12-06	2018-05-04
	13000. AT&T INC 5.06% 5/15/18		2010-06-08	2018-05-15
	1000. AT&T INC 5.06% 5/15/18		2017-12-07	2018-05-15
	14000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018		2015-08-27	2018-05-18
	35.01 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-06-01
	33.77 FG G05408 5% 01 DEC 2036		2012-07-09	2018-06-01
	6.57 FG G05508 5% 01 FEB 2039		2015-06-05	2018-06-01
	258.62 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-06-01
	268.2 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-06-01
	145.12 FG G18557 3% 01 JUN 2030		2015-09-08	2018-06-01
	185.52 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-06-01
	25.41 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-06-01
	39.17 FG A95147 4% 01 NOV 2040		2012-06-11	2018-06-01
	137.87 FHLMC POOL #G6-0080		2015-08-07	2018-06-01
	108.42 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-06-01
	65.57 FNMA POOL 0AH5575		2013-07-11	2018-06-01
	66.88 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-06-01
	141.08 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-06-01
	85.85 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-06-01
	59.75 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-06-01
	158.27 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-06-01
	137.26 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-06-01
	178.77 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-06-01
	128.2 FNMA POOL 0AU3735		2014-11-07	2018-06-01
	17.87 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-06-01
	49.5 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-06-01
	44.4 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-06-01
	2.66 FNMA POOL 0745500		2010-06-08	2018-06-01
	153.08 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-06-01
	11.55 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-06-01
	52.67 FN 930055 6% 01 OCT 2038		2010-06-08	2018-06-01
	60.99 FN 963138 5% 01 MAY 2023		2010-06-08	2018-06-01
	32.67 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-06-01
	91.4 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-06-01
	51.08 FNMA POOL 0AD6432		2012-04-05	2018-06-01
	67.97 FNMA POOL 0AE0981		2013-03-06	2018-06-01
	76.79 FNMA POOL 0AE3066		2011-08-09	2018-06-01
	7674.599 SWAN DEFINED RISK-I		2016-04-22	2018-06-08
	14000. CISCO SYSTEMS INC 1.6% 2/28/19		2016-02-29	2018-06-21
	130. XILINX INC COM		2017-04-11	2018-06-21
	56.84 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-07-02
	44.47 FG G05408 5% 01 DEC 2036		2012-07-09	2018-07-02
	6.15 FG G05508 5% 01 FEB 2039		2015-06-05	2018-07-02
	252.51 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-07-02
	282.22 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-07-02
	133.05 FG G18557 3% 01 JUN 2030		2015-09-08	2018-07-02
	212.25 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-07-02
	9.72 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-07-02
	50.68 FG A95147 4% 01 NOV 2040		2012-06-11	2018-07-02
	124.29 FHLMC POOL #G6-0080		2015-08-07	2018-07-02
	290.2 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-07-02
	73.81 FNMA POOL 0AH5575		2013-07-11	2018-07-02
	57.82 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-07-02
	165.8 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-07-02
	96.3 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-07-02
	98.99 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-07-02
	146.24 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-07-02
	141.14 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-07-02
	142.74 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-07-02
	149.44 FNMA POOL 0AU3735		2014-11-07	2018-07-02
	11.85 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-07-02
	54.91 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-07-02
	48.11 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-07-02
	1.33 FNMA POOL 0745500		2010-06-08	2018-07-02
	162.73 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-07-02
	10.22 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-07-02
	764. FN 930055 6% 01 OCT 2038		2010-06-08	2018-07-02
	159.83 FN 963138 5% 01 MAY 2023		2010-06-08	2018-07-02
	36.77 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-07-02
	107.34 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-07-02
	30.96 FNMA POOL 0AD6432		2012-04-05	2018-07-02
	77.44 FNMA POOL 0AE0981		2013-03-06	2018-07-02
	109.34 FNMA POOL 0AE3066		2011-08-09	2018-07-02
	40.03 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-08-01
	40.02 FG G05408 5% 01 DEC 2036		2012-07-09	2018-08-01
	5.67 FG G05508 5% 01 FEB 2039		2015-06-05	2018-08-01
	215.25 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-08-01
	254.9 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-08-01
	133.64 FG G18557 3% 01 JUN 2030		2015-09-08	2018-08-01
	173.88 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-08-01
	11.73 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-08-01
	48.83 FG A95147 4% 01 NOV 2040		2012-06-11	2018-08-01
	134. FHLMC POOL #G6-0080		2015-08-07	2018-08-01
	95.63 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-08-01
	70.07 FNMA POOL 0AH5575		2013-07-11	2018-08-01
	65.31 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-08-01
	198.19 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-08-01
	39.32 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-08-01
	109.08 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-08-01
	104.42 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-08-01
	132.07 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-08-01
	128.34 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-08-01
	108.02 FNMA POOL 0AU3735		2014-11-07	2018-08-01
	13.86 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-08-01
	48.87 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-08-01
	45.45 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-08-01
	.48 FNMA POOL 0745500		2010-06-08	2018-08-01
	186.5 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-08-01
	10.11 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-08-01
	51.05 FN 930055 6% 01 OCT 2038		2010-06-08	2018-08-01
	62.43 FN 963138 5% 01 MAY 2023		2010-06-08	2018-08-01
	29.77 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-08-01
	58.03 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-08-01
	35.33 FNMA POOL 0AD6432		2012-04-05	2018-08-01
	71.84 FNMA POOL 0AE0981		2013-03-06	2018-08-01
	66.54 FNMA POOL 0AE3066		2011-08-09	2018-08-01
	14000. ASTRAZENECA PLC 1.75% 11/16/18		2015-11-10	2018-08-06
	13000. BANK OF NY MELLON CORP 3.85% 28 APR 2028		2018-04-24	2018-08-06
	15000. LOCKHEED MARTIN CORP 3.8% 01 MAR 2045		2015-02-13	2018-08-15
	16000.08204 US TREASURY N/B 2.875% 15 MAY 2043		2017-12-12	2018-08-29
	10999.91796 US TREASURY N/B 2.875% 15 MAY 2043		2017-12-12	2018-08-29
	42.02 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-09-04
	52.25 FG G05408 5% 01 DEC 2036		2012-07-09	2018-09-04
	8.33 FG G05508 5% 01 FEB 2039		2015-06-05	2018-09-04
	250.87 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-09-04
	231.5 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-09-04
	159.78 FG G18557 3% 01 JUN 2030		2015-09-08	2018-09-04
	195.11 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-09-04
	17.72 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-09-04
	96.64 FG A95147 4% 01 NOV 2040		2012-06-11	2018-09-04
	137.2 FHLMC POOL #G6-0080		2015-08-07	2018-09-04
	140.26 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-09-04
	58.08 FNMA POOL 0AH5575		2013-07-11	2018-09-04
	59.25 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-09-04
	239.91 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-09-04
	25.2 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-09-04
	110.98 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-09-04
	135.47 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-09-04
	284.53 FN AS9585 4% 01 MAY 2047		2018-08-10	2018-09-04
	150.34 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-09-04
	156.46 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-09-04
	82.37 FNMA POOL 0AU3735		2014-11-07	2018-09-04
	11.64 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-09-04
	62.99 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-09-04
	41.94 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-09-04
	.6 FNMA POOL 0745500		2010-06-08	2018-09-04
	136.37 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-09-04
	9.26 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-09-04
	52.03 FN 930055 6% 01 OCT 2038		2010-06-08	2018-09-04
	149.95 FN 963138 5% 01 MAY 2023		2010-06-08	2018-09-04
	11.54 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-09-04
	107.25 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-09-04
	37.62 FNMA POOL 0AD6432		2012-04-05	2018-09-04
	75.09 FNMA POOL 0AE0981		2013-03-06	2018-09-04
	82.35 FNMA POOL 0AE3066		2011-08-09	2018-09-04
	2000. US TREASURY N/B 1.75% 30 APR 2022		2017-12-06	2018-09-07
	28000. US TREASURY N/B 1.75% 30 APR 2022		2017-03-08	2018-09-07
	2000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19		2018-09-07	2018-09-19
	12000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19		2011-10-06	2018-09-19
	14000. SHELL INTERNATIONAL 1.375% 10 MAY 2019		2016-05-06	2018-09-19
	21.41 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-10-01
	32.48 FG G05408 5% 01 DEC 2036		2012-07-09	2018-10-01
	4.95 FG G05508 5% 01 FEB 2039		2015-06-05	2018-10-01
	184.98 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-10-01
	217.5 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-10-01
	146.81 FG G18557 3% 01 JUN 2030		2015-09-08	2018-10-01
	161.48 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-10-01
	8.2 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-10-01
	37.53 FG A95147 4% 01 NOV 2040		2012-06-11	2018-10-01
	94.57 FHLMC POOL #G6-0080		2015-08-07	2018-10-01
	148.6 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-10-01
	51.98 FNMA POOL 0AH5575		2013-07-11	2018-10-01
	69.99 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-10-01
	146.47 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-10-01
	59.94 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-10-01
	59.89 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-10-01
	71.92 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-10-01
	197.83 FN AS9585 4% 01 MAY 2047		2018-08-10	2018-10-01
	101.05 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-10-01
	107.35 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-10-01
	94.49 FNMA POOL 0AU3735		2014-11-07	2018-10-01
	14.54 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-10-01
	47.58 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-10-01
	42.46 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-10-01
	.07 FNMA POOL 0745500		2010-06-08	2018-10-01
	293.16 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-10-01
	97.97 FN CA0853 3.5% 01 DEC 2047		2018-09-12	2018-10-01
	8.88 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-10-01
	51.75 FN 930055 6% 01 OCT 2038		2010-06-08	2018-10-01
	78.08 FN 963138 5% 01 MAY 2023		2010-06-08	2018-10-01
	51.37 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-10-01
	101.5 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-10-01
	18.29 FNMA POOL 0AD6432		2012-04-05	2018-10-01
	64.29 FNMA POOL 0AE0981		2013-03-06	2018-10-01
	64.04 FNMA POOL 0AE3066		2011-08-09	2018-10-01
	479.846 BAIRD AGGREGATE BOND FUND - IS		2018-02-09	2018-10-11
	526.802 FIDELITY INV GRADE BOND FUND 26		2017-04-11	2018-10-11
	129.366 FIDELITY INV GRADE BOND FUND 26		2018-03-09	2018-10-11
	190. KAR AUCTION SERVICES INC		2016-12-21	2018-10-11
	80. 3M CO COM		2016-12-21	2018-10-11
	150. WESTROCK CO		2016-10-04	2018-10-11
	15000. US TREASURY N/B 1.75% 15 MAY 2023		2018-01-18	2018-10-31
	37.92 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-11-01
	43.06 FG G05408 5% 01 DEC 2036		2012-07-09	2018-11-01
	2.76 FG G05508 5% 01 FEB 2039		2015-06-05	2018-11-01
	204.49 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-11-01
	194. FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-11-01
	138.46 FG G18557 3% 01 JUN 2030		2015-09-08	2018-11-01
	178.87 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-11-01
	16.08 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-11-01
	12.78 FG A95147 4% 01 NOV 2040		2012-06-11	2018-11-01
	114.08 FHLMC POOL #G6-0080		2015-08-07	2018-11-01
	63.48 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-11-01
	49.41 FNMA POOL 0AH5575		2013-07-11	2018-11-01
	66.92 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-11-01
	152.63 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-11-01
	42.98 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-11-01
	81.28 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-11-01
	98.97 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-11-01
	245.71 FN AS9585 4% 01 MAY 2047		2018-08-10	2018-11-01
	118.62 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-11-01
	119.61 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-11-01
	114.54 FNMA POOL 0AU3735		2014-11-07	2018-11-01
	14.52 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-11-01
	48.42 FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-11-01
	38.74 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-11-01
	176.14 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-11-01
	240.27 FN CA0853 3.5% 01 DEC 2047		2018-09-12	2018-11-01
	7.15 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-11-01
	721.13 FN 930055 6% 01 OCT 2038		2010-06-08	2018-11-01
	57.58 FN 963138 5% 01 MAY 2023		2010-06-08	2018-11-01
	28.78 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-11-01
	64.43 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-11-01
	38.09 FNMA POOL 0AD6432		2012-04-05	2018-11-01
	58.43 FNMA POOL 0AE0981		2013-03-06	2018-11-01
	62.91 FNMA POOL 0AE3066		2011-08-09	2018-11-01
	11000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2011-02-14	2018-11-15
	1000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023		2018-06-06	2018-11-15
	13000. COMCAST CORP		2010-06-08	2018-11-28
	1000. COMCAST CORP		2018-09-07	2018-11-28
	35.64 FG G05937 4.5% 01 AUG 2040		2012-03-06	2018-12-03
	26.44 FG G05408 5% 01 DEC 2036		2012-07-09	2018-12-03
	8.71 FG G05508 5% 01 FEB 2039		2015-06-05	2018-12-03
	153.38 FHLMC GOLD G08681 3.5% 12/01/45		2016-01-12	2018-12-03
	195.31 FHLMC GOLD G18536 2.5% 1/01/30		2015-02-06	2018-12-03
	110.09 FG G18557 3% 01 JUN 2030		2015-09-08	2018-12-03
	139.69 FHLMC GOLD J17508 3.0% 12/01/26		2016-07-08	2018-12-03
	13.63 FG A90627 4.5% 01 JAN 2040		2015-06-05	2018-12-03
	38.73 FG A95147 4% 01 NOV 2040		2012-06-11	2018-12-03
	88.62 FHLMC POOL #G6-0080		2015-08-07	2018-12-03
	106.5 FEDERAL NAT'L MTGE ASSN POOL 256022		2010-06-08	2018-12-03
	48.82 FNMA POOL 0AH5575		2013-07-11	2018-12-03
	48.3 FNMA POOL AH6827 4.0% 3/01/26		2011-08-09	2018-12-03
	192.53 FN AJ7715 3% 01 DEC 2026		2016-11-07	2018-12-03
	22.82 FNMA POOL AL0393 4.5% 6/01/41		2011-11-04	2018-12-03
	88.39 FNMA POOL AQ0546 3.5% 11/01/42		2013-07-08	2018-12-03
	61.3 FNMA POOL # AS6191 3.5% 11/01/45		2016-03-07	2018-12-03
	175.91 FN AS9585 4% 01 MAY 2047		2018-08-10	2018-12-03
	116.1 FNMA POOL # AT2062 2.5% 4/01/28		2014-03-07	2018-12-03
	97.68 FNMA POOL AT2720 3% 5/1/43		2015-02-06	2018-12-03
	83.72 FNMA POOL 0AU3735		2014-11-07	2018-12-03
	11.59 FEDERAL NATL M 735227 5.5 01FEB2035		2011-10-06	2018-12-03
	39. FNMA POOL 735580 5.0% 6/01/35		2011-08-09	2018-12-03
	37.38 FEDERAL NAT'L MTGE ASSN POOL 745418		2011-08-09	2018-12-03
	138.71 FN BH9288 4% 01 FEB 2048		2018-04-10	2018-12-03
	215.51 FN CA0853 3.5% 01 DEC 2047		2018-09-12	2018-12-03
	5.36 FNMA POOL 889069 5.5% 1/01/21		2011-11-04	2018-12-03
	52.75 FN 930055 6% 01 OCT 2038		2010-06-08	2018-12-03
	114.07 FN 963138 5% 01 MAY 2023		2010-06-08	2018-12-03
	20.52 FNMA POOL AA7236 4.0% 6/01/39		2012-02-07	2018-12-03
	78.87 FN MA1062 3% 01 MAY 2027		2012-05-07	2018-12-03
	25.63 FNMA POOL 0AD6432		2012-04-05	2018-12-03
	54.86 FNMA POOL 0AE0981		2013-03-06	2018-12-03
	58.25 FNMA POOL 0AE3066		2011-08-09	2018-12-03
	12000. US TREASURY N/B 2.875% 15 MAY 2043		2017-11-28	2018-12-10
	1000. US TREASURY N/B 2.875% 15 MAY 2043		2018-01-05	2018-12-10
	1186.906 DRIEHAUS ACTIVE INCOME FUND		2015-12-14	2018-12-13
	70. KRAFT HEINZ CO		2018-03-09	2018-12-13
	280. KRAFT HEINZ CO		2016-12-21	2018-12-13
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	55	58	-3
b	40	42	-2
c	6	6
d	270	279	-9
e	242	248	-6
	164	170	-6
	212	222	-10
	25	27	-2
	106	112	-6
	121	126	-5
	245	260	-15
	86	88	-2
	91	94	-3
	184	192	-8
	114	121	-7
	76	75	1
	129	134	-5
	153	153
	100	102	-2
	122	121	1
	16	17	-1
	64	68	-4
	58	63	-5
	25	27	-2
	21	22	-1
	52	56	-4
	112		112
	45	48	-3
	95	99	-4
	40	42	-2
	94	98	-4
	81	83	-2
	25,617	26,093	-476
	985	1,003	-18
	12,800	13,046	-246
	12,794	13,045	-251
	12,331	14,026	-1,695
	1,762	1,767	-5
	13,657	13,858	-201
	2,135	2,137	-2
	874	868	6
	8,012	7,252	760
	884	906	-22
	2,054	2,070	-16
	43	45	-2
	45	48	-3
	14	15	-1
	254	263	-9
	255	262	-7
	126	130	-4
	183	191	-8
	9	10	-1
	77	82	-5
	92	96	-4
	231	244	-13
	99	102	-3
	70	73	-3
	179	186	-7
	13	14	-1
	105	104	1
	93	97	-4
	131	131
	88	90	-2
	91	91
	20	21	-1
	48	51	-3
	49	53	-4
	17	18	-1
	16	17	-1
	52	56	-4
	127	133	-6
	11	12	-1
	119	123	-4
	28	30	-2
	78	82	-4
	93	95	-2
	4,914	5,018	-104
	8,909	9,248	-339
	29,662	30,282	-620
	15,000	14,999	1
	6,870	7,000	-130
	10,915	12,085	-1,170
	1,819	2,014	-195
	7,638	7,916	-278
	5,729	5,937	-208
	14,972	15,200	-228
	24	26	-2
	37	39	-2
	3	3
	224	232	-8
	234	239	-5
	141	145	-4
	175	183	-8
	24	26	-2
	35	38	-3
	108	112	-4
	106	111	-5
	74	76	-2
	81	83	-2
	162	169	-7
	69	73	-4
	44	44
	123	128	-5
	135	135
	130	134	-4
	68	68
	15	16	-1
	51	54	-3
	42	45	-3
	10	11	-1
	14	14
	698	741	-43
	61	63	-2
	75	78	-3
	94	97	-3
	35	36	-1
	67	70	-3
	71	72	-1
	12,761	13,043	-282
	69,539	80,694	-11,155
	8,775	8,962	-187
	25,691	14,445	11,246
	74,591	70,928	3,663
	12,758	13,042	-284
	12,766	14,100	-1,334
	209	218	-9
	30	32	-2
	56	60	-4
	6	7	-1
	212	219	-7
	254	260	-6
	165	170	-5
	175	183	-8
	16	17	-1
	63	67	-4
	100	103	-3
	107	112	-5
	89	91	-2
	101	104	-3
	64	67	-3
	50	50
	152	158	-6
	139	139
	117	120	-3
	114	114
	16	17	-1
	46	48	-2
	47	51	-4
	8	8
	13	14	-1
	52	55	-3
	63	65	-2
	43	45	-2
	126	130	-4
	54	56	-2
	76	80	-4
	90	92	-2
	23,231	19,228	4,003
	1,937	1,993	-56
	1,936	1,992	-56
	17,663	17,933	-270
	3,656	4,028	-372
	10,796	10,826	-30
	1,963	1,976	-13
	13,000	13,000
	1,000	1,000
	29,000	28,945	55
	13,000	13,000
	1,000	1,000
	51	53	-2
	37	39	-2
	6	7	-1
	210	218	-8
	231	237	-6
	140	144	-4
	170	178	-8
	37	40	-3
	100	105	-5
	115	119	-4
	123	130	-7
	59	60	-1
	91	93	-2
	186	194	-8
	64	67	-3
	149	148	1
	66	69	-3
	140	140
	118	121	-3
	88	88
	16	17	-1
	60	64	-4
	51	55	-4
	5	5
	124	128	-4
	13	13
	52	55	-3
	60	62	-2
	39	40	-1
	122	125	-3
	51	54	-3
	75	78	-3
	77	78	-1
	979	988	-9
	13,000	13,000
	1,000	1,000
	14,011	14,033	-22
	35	37	-2
	34	36	-2
	7	7
	259	268	-9
	268	275	-7
	145	150	-5
	186	193	-7
	25	27	-2
	39	41	-2
	138	143	-5
	108	114	-6
	66	67	-1
	67	69	-2
	141	147	-6
	86	90	-4
	60	60
	158	165	-7
	137	137
	179	183	-4
	128	128
	18	19	-1
	50	52	-2
	44	48	-4
	3	3
	153	158	-5
	12	12
	53	56	-3
	61	63	-2
	33	34	-1
	91	94	-3
	51	54	-3
	68	71	-3
	77	78	-1
	98,235	85,654	12,581
	13,912	14,005	-93
	8,790	7,269	1,521
	57	60	-3
	44	47	-3
	6	7	-1
	253	261	-8
	282	289	-7
	133	137	-4
	212	221	-9
	10	10
	51	54	-3
	124	129	-5
	290	305	-15
	74	76	-2
	58	59	-1
	166	173	-7
	96	101	-5
	99	99
	146	153	-7
	141	141
	143	147	-4
	149	149
	12	13	-1
	55	58	-3
	48	52	-4
	1	1
	163	168	-5
	10	10
	764	810	-46
	160	164	-4
	37	38	-1
	107	110	-3
	31	33	-2
	77	81	-4
	109	111	-2
	40	42	-2
	40	42	-2
	6	6
	215	222	-7
	255	261	-6
	134	138	-4
	174	181	-7
	12	13	-1
	49	51	-2
	134	139	-5
	96	100	-4
	70	72	-2
	65	67	-2
	198	206	-8
	39	41	-2
	109	109
	104	109	-5
	132	132
	128	132	-4
	108	108
	14	15	-1
	49	52	-3
	45	49	-4

	187	193	-6
	10	10
	51	54	-3
	62	64	-2
	30	31	-1
	58	60	-2
	35	37	-2
	72	75	-3
	67	68	-1
	13,974	14,000	-26
	13,171	12,972	199
	14,044	14,879	-835
	15,594	16,378	-784
	10,721	11,236	-515
	42	44	-2
	52	55	-3
	8	9	-1
	251	258	-7
	232	236	-4
	160	164	-4
	195	202	-7
	18	19	-1
	97	102	-5
	137	142	-5
	140	146	-6
	58	59	-1
	59	60	-1
	240	249	-9
	25	26	-1
	111	111
	135	141	-6
	285	291	-6
	150	150
	156	160	-4
	82	82
	12	12
	63	66	-3
	42	45	-3
	1	1
	136	141	-5
	9	9
	52	55	-3
	150	152	-2
	12	12
	107	110	-3
	38	39	-1
	75	78	-3
	82	84	-2
	1,928	1,972	-44
	26,993	27,514	-521
	2,041	2,040	1
	12,243	12,013	230
	13,895	13,969	-74
	21	22	-1
	32	34	-2
	5	5
	185	190	-5
	218	221	-3
	147	151	-4
	161	167	-6
	8	9	-1
	38	39	-1
	95	97	-2
	149	154	-5
	52	53	-1
	70	71	-1
	146	151	-5
	60	62	-2
	60	60
	72	74	-2
	198	202	-4
	101	101
	107	110	-3
	94	94
	15	15
	48	50	-2
	42	45	-3

	293	303	-10
	98	97	1
	9	9
	52	54	-2
	78	79	-1
	51	53	-2
	102	104	-2
	18	19	-1
	64	67	-3
	64	65	-1
	5,000	5,110	-110
	4,014	4,146	-132
	986	999	-13
	10,702	8,130	2,572
	15,905	9,044	6,861
	6,440	7,193	-753
	14,220	14,488	-268
	38	39	-1
	43	45	-2
	3	3
	204	210	-6
	194	197	-3
	138	142	-4
	179	185	-6
	16	17	-1
	13	13
	114	117	-3
	63	66	-3
	49	50	-1
	67	68	-1
	153	158	-5
	43	44	-1
	81	81
	99	102	-3
	246	251	-5
	119	119
	120	122	-2
	115	114	1
	15	15
	48	51	-3
	39	41	-2
	176	182	-6
	240	239	1
	7	7
	721	750	-29
	58	58
	29	30	-1
	64	66	-2
	38	39	-1
	58	60	-2
	63	64	-1
	12,612	11,610	1,002
	1,147	1,152	-5
	13,194	13,025	169
	1,015	1,018	-3
	36	37	-1
	26	28	-2
	9	9
	153	158	-5
	195	199	-4
	110	112	-2
	140	144	-4
	14	14
	39	40	-1
	89	91	-2
	107	109	-2
	49	50	-1
	48	49	-1
	193	198	-5
	23	24	-1
	88	88
	61	63	-2
	176	180	-4
	116	116
	98	100	-2
	84	84
	12	12
	39	41	-2
	37	39	-2
	139	143	-4
	216	214	2
	5	5
	53	55	-2
	114	115	-1
	21	21
	79	80	-1
	26	26
	55	57	-2
	58	59	-1
	11,512	12,299	-787
	959	1,015	-56
	11,240	11,810	-570
	3,372	4,708	-1,336
	13,487	24,533	-11,046
			1,774

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			-3
b			-2
c
d			-9
e			-6
			-6
			-10
			-2
			-6
			-5
			-15
			-2
			-3
			-8
			-7
			1
			-5

			-2
			1
			-1
			-4
			-5
			-2
			-1
			-4
			112
			-3
			-4
			-2
			-4
			-2
			-476
			-18
			-246
			-251
			-1,695
			-5
			-201
			-2
			6
			760
			-22
			-16
			-2
			-3
			-1
			-9
			-7
			-4
			-8
			-1
			-5
			-4
			-13
			-3
			-3
			-7
			-1
			1
			-4

			-2

			-1
			-3
			-4
			-1
			-1
			-4
			-6
			-1
			-4
			-2
			-4
			-2
			-104
			-339
			-620
			1
			-130
			-1,170
			-195
			-278
			-208
			-228
			-2
			-2

			-8
			-5
			-4
			-8
			-2
			-3
			-4
			-5
			-2
			-2
			-7
			-4

			-5

			-4

			-1
			-3
			-3
			-1

			-43
			-2
			-3
			-3
			-1
			-3
			-1
			-282
			-11,155
			-187
			11,246
			3,663
			-284
			-1,334
			-9
			-2
			-4
			-1
			-7
			-6
			-5
			-8
			-1
			-4
			-3
			-5
			-2
			-3
			-3

			-6

			-3

			-1
			-2
			-4

			-1
			-3
			-2
			-2
			-4
			-2
			-4
			-2
			4,003
			-56
			-56
			-270
			-372
			-30
			-13


			55


			-2
			-2
			-1
			-8
			-6
			-4
			-8
			-3
			-5
			-4
			-7
			-1
			-2
			-8
			-3
			1
			-3

			-3

			-1
			-4
			-4

			-4

			-3
			-2
			-1
			-3
			-3
			-3
			-1
			-9


			-22
			-2
			-2

			-9
			-7
			-5
			-7
			-2
			-2
			-5
			-6
			-1
			-2
			-6
			-4

			-7

			-4

			-1
			-2
			-4

			-5

			-3
			-2
			-1
			-3
			-3
			-3
			-1
			12,581
			-93
			1,521
			-3
			-3
			-1
			-8
			-7
			-4
			-9

			-3
			-5
			-15
			-2
			-1
			-7
			-5

			-7

			-4

			-1
			-3
			-4

			-5

			-46
			-4
			-1
			-3
			-2
			-4
			-2
			-2
			-2

			-7
			-6
			-4
			-7
			-1
			-2
			-5
			-4
			-2
			-2
			-8
			-2

			-5

			-4

			-1
			-3
			-4

			-6

			-3
			-2
			-1
			-2
			-2
			-3
			-1
			-26
			199
			-835
			-784
			-515
			-2
			-3
			-1
			-7
			-4
			-4
			-7
			-1
			-5
			-5
			-6
			-1
			-1
			-9
			-1

			-6
			-6

			-4


			-3
			-3

			-5

			-3
			-2

			-3
			-1
			-3
			-2
			-44
			-521
			1
			230
			-74
			-1
			-2

			-5
			-3
			-4
			-6
			-1
			-1
			-2
			-5
			-1
			-1
			-5
			-2

			-2
			-4

			-3


			-2
			-3

			-10
			1

			-2
			-1
			-2
			-2
			-1
			-3
			-1
			-110
			-132
			-13
			2,572
			6,861
			-753
			-268
			-1
			-2

			-6
			-3
			-4
			-6
			-1

			-3
			-3
			-1
			-1
			-5
			-1

			-3
			-5

			-2
			1

			-3
			-2
			-6
			1

			-29

			-1
			-2
			-1
			-2
			-1
			1,002
			-5
			169
			-3
			-1
			-2

			-5
			-4
			-2
			-4

			-1
			-2
			-2
			-1
			-1
			-5
			-1

			-2
			-4

			-2


			-2
			-2
			-4
			2

			-2
			-1

			-1

			-2
			-1
			-787
			-56
			-570
			-1,336
			-11,046

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	8,549
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017
2016
2015
2014
2013

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

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 ......

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

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

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

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

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

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,522
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,522
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,522
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	1,472
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	1,472
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	50
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

REGIONS BANK TRUST DEPT Telephone no. bullet

(205) 420-7753

Located at bullet

201 MILAN PKWYBIRMINGHAMAL ZIP+4 bullet

35211

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
REGIONS BANK	TRUSTEE 1	38,173
201 MILAN PKWY BIRMINGHAM,AL35211	TRUSTEE 1	38,173

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

4,137,942

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

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

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

4,137,942

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

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

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

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

4,137,942

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

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

62,069

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

4,075,873

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

203,794

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

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

203,794

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

1,522

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

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

1,522

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

202,272

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

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

202,272

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

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

202,272

Part XII

Qualifying Distributions (see instructions)

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

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

208,953

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

208,953

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

208,953

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					202,272
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				198,917
b Total for prior years:20, 20, 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: $ 208,953
a Applied to 2017, but not more than line 2a				198,917
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.....					10,036
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 ..........					192,236
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)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNITED METHODIST CHILDRENS HOME 3140 ZELDA COURT MONTGOMERY,AL36106	NONE	PC	GENERAL OPERATING	56,459
ALABAMA SHERIFF'S YOUTH RANCH P O BOX 240009 MONTGOMERY,AL361240009	NONE	PC	GENERAL OPERATING	56,459
JENNINGS CHAPEL UMC CEMETERY ASSOC PO BOX 259 NORTHPORT,AL35476	NONE	PC	GENERAL OPERATING	61,000
REHOBETH METHODIST CHURCH 606 LITTLE ROAD EQUALITY,AL36026	NONE	PC	GENERAL OPERATING	25,000
Total ................................. 3a				198,918

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	96,675
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	3,466
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	8,549
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aROYALTY INCOME			16	4,705
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				113,395

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

113,395

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
5B	0
5B	0

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN EXPRESS CREDIT CORPC
AMGEN INC CALLABLE DTD08/19/2
ANHEUSER-BUSCH INBEV FIN DTD0
APPLE INC DTD 05/03/2013 1%05
ASTRAZENECA PLC DTD 11/16/2015
AT&T INC CALLABLE DTD 05/04/20
AT&T INC DTD 05/13/08 5.6%05/
BANK OF AMERICA CORP DTD01/29
BANK OF MONTREAL SERIES: MTN D
CA INC DTD 11/13/09 5.375%12/
CATERPILLAR INC DTD 12/05/087
CHEVRON CORP DTD 11/17/20151.
CISCO SYSTEMS INC CALLABLE DTD
CISCO SYSTEMS INC DTD 02/29/20
CITIGROUP INC DTD 10/26/2015 2
COMCAST CORP DTD 06/18/09 5.7%
DEUTSCHE BANK AG DTD 02/13/201
FIFTH THIRD BANK CALLABLE DTD
FORD MOTOR CREDIT DTD 06/06/20
GENERAL ELECTRIC CAPITAL CORP
GILEAD SCIENCES INC CALLABLE D
GLAXOSMITHKLINE CAP PLC CALLAB
GOLDMAN SACHS GROUP INC DTD2/
IBM CORP DTD 02/19/2016 3.45%
INTEL CORP DTD 09/19/2011 3.3%
J P MORGAN CHASE & CO DTD04/2
JOHN DEERE CAPITAL CORP SERIES
KROGER CO/THE CALLABLE DTD10/
LOCKHEED MARTIN CORP CALLABLE
MARATHON OIL CORP CALLABLE DTD
MERRILL LYNCH & CO INC SERIES:
MOLSON COORS BREWING CO DTD0
MORGAN STANLEY DTD 10/23/2014
MORGAN STANLEY SERIES: MTN DTD
ORACLE CORPORATION DTD 04/09/0
PEPSICO INC SERIES: 1 DTD10/1
PRUDENTIAL FINANCIAL DTD11/18
ROYAL BANK OF CANADA DTD09/19
SHELL INTL FIN DTD 05/10/2016
SUNTRUST BKS INC CALLABLE DTD
TARGET CORP CALLABLE 5.375%05
TEVA PHARMACEUTICALS NE DTD07
TORONTO-DOMINION BANK SERIES M
TOYOTA MOTOR CREDIT CORP SERIE
UNITED HEALTH GROUP INC DTD07
VALERO ENERGY CORP CALLABLE D
VERIZON COMMUNICATIONS DTD03/
WACHOVIA CORP DTD 06/08/07 5.7
WAL MART STORES INC DTD04/15/
WALGREENS BOOTS ALLIANCECALLA
WELLS FARGO & COMPANY DTD11/0
APPLE INC 2.1% 12 SEP 2022
APPLE INC 2.3% 11 MAY 2022
BANK OF AMERICA CORP 6.875% 25
BIOGEN INC 2.9% 15 SEP 2020
CAPITAL ONE FINANCIAL CORP 2.5
JPMORGAN CHASE & CO VARIABLE 3
MORGAN STANLEY 2.75% 19 MAY 20
FANNIE MAE POOL FN 256022 5.5%
FANNIE MAE POOL FN 735227 5.5%
FANNIE MAE POOL FN 735580 5% 0
FANNIE MAE POOL FN 745418 5.5%
FANNIE MAE POOL FN 745500 5.5%
FANNIE MAE POOL FN 889069 5.5%
FANNIE MAE POOL FN 930055 6% 0
FANNIE MAE POOL FN 963138 5% 0
FANNIE MAE POOL FN AA7236 4% 0
FANNIE MAE POOL FN AD6432 4.5%
FANNIE MAE POOL FN AE0981 3.5%
FANNIE MAE POOL FN AE3066 3.5%
FANNIE MAE POOL FN AH5575 4% 0
FANNIE MAE POOL FN AH6827 4% 0
FANNIE MAE POOL FN AJ7715 3% 0
FANNIE MAE POOL FN AL0393 4.5%
FANNIE MAE POOL FN AQ0546 3.5%
FANNIE MAE POOL FN AS6191 3.5%
FANNIE MAE POOL FN AT2062 2.5%
FANNIE MAE POOL FN AT2720 3% 0
FANNIE MAE POOL FN AU3735 3% 0
FANNIE MAE POOL FN MA1062 3% 0
FORD MOTOR CREDIT CO LLC 3.157
FREDDIE MAC GOLD POOL FG A9062
FREDDIE MAC GOLD POOL FG A9514
FREDDIE MAC GOLD POOL FG G0540
FREDDIE MAC GOLD POOL FG G0550
FREDDIE MAC GOLD POOL FG G0593
FREDDIE MAC GOLD POOL FG G0868
FREDDIE MAC GOLD POOL FG G1853
FREDDIE MAC GOLD POOL FG G1855
FREDDIE MAC GOLD POOL FG G6008
FREDDIE MAC GOLD POOL FG J1750

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO
ALLIANT CORP
ALTRIA GROUP INC
APPLE INC
AQR MANAGED FUTURES STRATEGYF
AT&T INC
BARON EMERGING MARKETS INST
BB&T CORP
BLACKROCK INC
BRISTOL MYERS SQUIBB CO
CALAMOS MARKET NEU INC FD-I
CHEVRON CORP
CHUBB LIMITED
CISCO SYSTEMS INC
COCA COLA CO
DOMINION RES INC VA
DRIEHAUS ACTIVE INCOME FUND
EATON CORP PLC ISIN:IE00B8KQN
ELI LILLY & CO
EXXON MOBIL CORP
FHLM #G60080 DTD 05/01/2015 3
FHLM #A95147 DTD 11/01/2010 4
FHLM #G05408 DTD 04/01/2009 5
FHLM #G05937 DTD 07/01/2010 4
FHLM #G18536 DTD 01/01/2015 2
FHLM #G18557 DTD 06/01/2015 3
FHLM #J17508 DTD 12/01/2011 3
FHLM# A90627 DTD 12/01/2009 4
FHLM# G05508 DTD 06/01/2009 5
FHLM# G08681 DTD 12/01/2015 3
FNMA # AD6432 DTD 06/01/2010
FNMA #256022 5.5% 12/01/2035
FNMA #735227 5.5% 02/01/2035
FNMA #735580 DTD 05/01/05 5%
FNMA #745418 DTD 03/01/06 5.5
FNMA #745500 DTD 04/01/2006 5
FNMA #889069 DTD 01/01/08 5.5
FNMA #930055 DTD 10/01/2008 6
FNMA #963138 DTD 04/01/2008 5
FNMA #AA7236 DTD 05/01/2009 4
FNMA #AE0981 DTD 02/01/2011 3
FNMA #AE3066 DTD 09/01/2010 3
FNMA #AH5575 DTD 02/01/2011 4
FNMA #AH6827 DTD 03/01/2011 4
FNMA #AJ7715 DTD 12/01/2011 3
FNMA #AL0393 DTD 06/01/2011 4
FNMA #AQ0546 DTD 11/01/2012 3
FNMA #AT2062 DTD 04/01/2013 2
FNMA #AT2720 DTD 05/01/2013 3
FNMA #AU3735 DTD 08/01/2013 3
FNMA #MA1062 DTD 04/01/2012 3
FNMA# AS6191 DTD 10/01/2015 3
GALLAGHER ARTHUR J & CO
GENERAL ELECTRIC CO
HASBRO INC
HELMERICH & PAYNE INC
J P MORGAN CHASE & CO
KAR AUCTION SERVICES INC.
KRAFT HEINZ CO
LOCKHEED MARTIN CORP
LYONDELLBASELL INDUSTRIES - CL
MERCK & CO. INC. NEW
MFS CORPORATE BOND I
NEXTERA ENERGY, INC.
OCCIDENTAL PETE CORP
PEPSICO INC
PFIZER INC
PIMCO FOREIGN BOND U.S. DOLLAR
PNC FINANCIAL SERVICES
PRUDENTIAL FINANCIAL INC
PRUDENTIAL HIGH YIELD FUND CL
QUALCOMM INC
RAYTHEON CO
SCHLUMBERGER LTD
SOUTHERN CO
SUNTRUST BKS INC
SWAN DEFINED RISK FUND
TARGET CORP
TCW CORE FIXED INCOME FUND
TEMPLETON GLOBAL BOND FUND ADV
UNION PAC CORP
US BANCORP DEL
VANGUARD DEVELOPED MARKETS IND
VANGUARD HIGH DVD YIELD ETF
VANGUARD MID-CAP INDEX FUND-AD
VANGUARD SMALL CAP INDEXFUND-
VERIZON COMMUNICATIONS
WAL MART STORES INC
WASTE MANAGEMENT INC
WELLS FARGO & CO
WESTROCK COMPANY
WILLIAM BLAIR MACRO ALLOCATION
AIR PRODUCTS & CHEMICALS INC
ARTHUR J GALLAGHER & CO
BANK OF AMERICA CORP
HOME DEPOT INC/THE
METLIFE INC
OMNICOM GROUP INC
PPL CORP
PROCTER & GAMBLE CO/THE
REGAL ENTERTAINMENT GROUP
SABRE CORP
UNITED PARCEL SERVICE INC
XILINX INC

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AQR MANAGED FUTURES STRATEGY F
BARON EMERGING MARKETS FUND
CALAMOS MARKET NEUTRAL INCOME
DRIEHAUS ACTIVE INCOME FUND
FIDELITY INVESTMENT GRADE BOND
MFS CORPORATE BOND FUND
PRUDENTIAL HIGH YIELD FUND
SWAN DEFINED RISK FUND
TCW CORE FIXED INCOME FUND
TEMPLETON GLOBAL BOND FUND/UNI
VANGUARD DEVELOPED MARKETS IND
VANGUARD MID-CAP INDEX FUND
VANGUARD SMALL-CAP INDEX FUND
VANGUARD TOTAL BOND MARKET IND
WILLIAM BLAIR MACRO ALLOCATION
3128M74W3 FG G05937 4.5% 01 AU	AT COST	2,697	2,724
009158106 AIR PRODUCTS AND CHE	AT COST	15,253	16,005
126408HJ5 CSX CORP 3.8% 01 MAR	AT COST	13,975	13,736
189054109 CLOROX COMPANY COMMO	AT COST	14,927	17,726
258620103 DOUBLELINE TOTAL RET	AT COST	9,084	9,041
26441CAW5 DUKE ENERGY CORP 2.4	AT COST	14,639	14,411
3128PXKV7 FHLMC GOLD J17508	AT COST	8,312	8,080
312938VU4 FG A90627 4.5% 01 JA	AT COST	921	907
3138A7FR4 FNMA POOL 0AH557	AT COST	5,504	5,552
3138A8SR8 FNMA POOL AH6827	AT COST	2,786	2,818
3138E0SD2 FN AJ7715 3% 01 DEC	AT COST	8,313	8,089
3138EGNK6 FNMA POOL AL0393	AT COST	3,990	4,056
3138WKUK9 FN AS9585 4% 01 MAY	AT COST	26,691	26,821
316146109 FIDELITY INV GRADE B	AT COST	25,930	25,271
345397XK4 FORD MOTOR CREDIT CO	AT COST	14,197	13,719
501044DE8 KROGER CO 2.65% 15 O	AT COST	14,905	13,357
59156R108 METLIFE INC	AT COST	13,882	12,113
911312106 UNITED PARCEL SVC IN	AT COST	7,391	6,339
92343V104 VERIZON COMMUNICATIO	AT COST	16,551	21,926
H1467J104 CHUBB LTD	AT COST	19,299	20,669
744320102 PRUDENTIAL FINL INC	AT COST	22,916	24,465
74432QBP9 PRUDENTIAL FINANCIAL	AT COST	13,917	14,320
78012KKU0 ROYAL BANK OF CANADA	AT COST	13,983	13,840
78573M104 SABRE CORP	AT COST	7,913	7,899
808513AW5 THE CHARLES SCHWAB C	AT COST	14,010	14,068
912810SA7 US TREASURY N/B 3% 1	AT COST	29,196	29,862
94106L109 WASTE MANAGEMENT INC	AT COST	13,806	20,468
674599105 OCCIDENTAL PETROLEUM	AT COST	7,991	6,752
713448108 PEPSICO INC	AT COST	13,101	16,572
69351T106 PPL CORP	AT COST	15,047	10,624
054937107 BB&T CORP COM	AT COST	14,660	17,328
09247X101 BLACKROCK INC CL A	AT COST	12,612	15,713
17275RBL5 CISCO SYSTEMS INC 2.	AT COST	14,924	13,983
172967KB6 CITIGROUP INC	AT COST	20,976	20,721
258620509 DOUBLELINE EMG MKTS	AT COST	26,475	25,160
3128MMS20 FHLMC GOLD G18536	AT COST	15,376	14,839
3138WF2Z8 FNMA POOL # AS6191	AT COST	9,286	9,003
31402QYY1 FEDERAL NATL M 73522	AT COST	856	886
31402RFV6 FNMA POOL 735580	AT COST	3,114	3,182
31418AFC7 FN MA1062 3% 01 MAY	AT COST	4,501	4,436
44932HAM5 IBM CREDIT LLC 3.6%	AT COST	14,997	15,136
46625H100 J P MORGAN CHASE & C	AT COST	15,860	31,238
539830109 LOCKHEED MARTIN CORP	AT COST	15,247	15,710
553530106 MSC INDL DIRECT INC	AT COST	8,307	6,923
3128MMTP8 FG G18557 3% 01 JUN	AT COST	8,616	8,426
3140GYKA6 FN BH9288 4% 01 FEB	AT COST	26,238	26,061
31410GW66 FNMA POOL 889069	AT COST	28	28
31418UEE0 FNMA POOL 0AD6432	AT COST	2,552	2,591
31419BCT0 FNMA POOL 0AE098	AT COST	6,333	6,189
375558103 GILEAD SCIENCES INC	AT COST	15,312	13,136
539439AR0 LLOYDS BANKING GROUP	AT COST	14,932	14,230
60871RAD2 MOLSON COORS BREWING	AT COST	14,106	13,178
74440Y801 PRUDENTIAL HIGH YIEL	AT COST	9,968	10,186
806857108 SCHLUMBERGER LIMITED	AT COST	27,421	13,710
00912XAU8 AIR LEASE CORP 2.125	AT COST	13,779	13,798
25746U109 DOMINION RES INC VA	AT COST	14,648	14,292
3128M7NZ5 FG G05508 5% 01 FEB	AT COST	378	372
3138WPJG0 FNMA POOL # AT2062	AT COST	7,501	7,394
3138WQAW2 FNMA POOL AT2720 3%	AT COST	9,925	9,562
369622SM8 GENERAL ELEC CAP COR	AT COST	13,998	14,017
532457108 ELI LILLY & CO COM	AT COST	15,506	24,301
717081103 PFIZER INC COM	AT COST	23,168	30,555
00206RCP5 AT&T INC	AT COST	14,631	13,467
0258M0DX4 AMERICAN EXPRESS CRE	AT COST	13,989	13,857
02665WCD1 AMERICAN HONDA FINAN	AT COST	21,969	21,752
031162CH1 AMGEN INC	AT COST	14,978	14,197
747525103 QUALCOMM INC	AT COST	16,762	16,219
85771PAN2 STATOIL ASA	AT COST	14,185	14,261
89236TEU5 TOYOTA MOTOR CREDIT	AT COST	13,995	14,002
912810RB6 U S TREASURY NOTE	AT COST	99,591	105,604
912828Y79 US TREASURY N/B 2.87	AT COST	14,031	14,244
922908686 VANGUARD INDEX TR	AT COST	184,064	196,746
931142103 WAL MART STORES INC	AT COST	13,462	18,630
94974BGE4 WELLS FARGO & COMPAN	AT COST	14,905	14,121
00206R102 AT&T INC	AT COST	23,283	18,551
037833100 APPLE COMPUTER INC C	AT COST	14,509	31,548
09062XAC7 BIOGEN INC	AT COST	28,422	27,791
20030NCK5 COMCAST CORP 4% 01 M	AT COST	14,263	13,668
3128M7KV7 FG G05408 5% 01 DEC	AT COST	2,202	2,235
31371MLB1 FEDERAL NAT'L MTGE A	AT COST	8,191	8,582
363576109 GALLAGHER ARTHUR J &	AT COST	14,376	22,110
375558BF9 GILEAD SCIENCES INC	AT COST	13,971	13,723
423452101 HELMERICH & PAYNE IN	AT COST	13,617	9,588
437076102 HOME DEPOT INC USD 0	AT COST	15,456	15,464
594918104 MICROSOFT CORP COM	AT COST	22,565	22,345
10373QAB6 BP CAP MARKETS AMERI	AT COST	14,014	14,067
110122108 BRISTOL MYERS SQUIBB	AT COST	9,472	7,277
166764100 CHEVRONTEXACO CORP	AT COST	21,519	21,758
191216100 COCA-COLA CO USD	AT COST	16,265	18,230
26078JAB6 DOWDUPONT INC 4.205%	AT COST	14,003	14,310
06367THQ6 BANK OF MONTREAL	AT COST	13,994	13,895
06828M876 BARON EMERGING MARKE	AT COST	103,577	103,879
128119880 CALAMOS MARKET NEU I	AT COST	92,643	95,120
14040HBP9 CAPITAL ONE FINANCIA	AT COST	14,997	14,806
31403DDX4 FEDERAL NAT'L MTGE A	AT COST	2,463	2,514
31412NH82 FN 930055 6% 01 OCT	AT COST	18,261	19,216
31419DMQ1 FNMA POOL 0AE3066	AT COST	3,115	3,121
31677QBG3 FIFTH THIRD BANK	AT COST	14,009	13,667
46625HRY8 JPMORGAN CHASE & CO	AT COST	29,623	28,151
59022CAJ2 MERRILL LYNCH & CO I	AT COST	9,899	13,188
631103108 NASDAQ STK MKT INC	AT COST	15,011	14,275
880208400 TEMPLETON GLOBAL BD	AT COST	31,356	30,062
912828R36 U S TREASURY NOTE	AT COST	28,956	28,949
912828WZ9 U S TREASURY NOTE	AT COST	19,449	19,536
018802108 ALLIANT ENERGY CORP	AT COST	16,303	17,745
037833CQ1 APPLE INC 2.3% 11 MA	AT COST	13,976	13,663
057071854 BAIRD AGGREGATE BOND	AT COST	25,401	25,120
20030N101 COMCAST CORP NEW CL	AT COST	15,357	15,323
30231G102 EXXON MOBIL CORP	AT COST	28,248	23,867
3138X3EH1 FNMA POOL 0AU3735	AT COST	10,375	10,212
31335ACR7 FHLMC POOL #G6-008	AT COST	9,379	9,158
3134A4KX1 FEDERAL HOME LN MTG	AT COST	44,892	42,728
3138MFTC1 FNMA POOL AQ0546	AT COST	7,150	7,231
3140Q75P8 FN CA0853 3.5% 01 DE	AT COST	27,899	28,163
31414DPX8 FN 963138 5% 01 MAY	AT COST	2,926	2,959
31416RBE2 FNMA POOL AA7236	AT COST	3,332	3,332
418056107 HASBRO INC	AT COST	5,643	5,688
68389XBR5 ORACLE CORP 2.625% 1	AT COST	13,953	13,654
87236YAH1 TD AMERITRADE HOLDIN	AT COST	13,969	14,236
89233P5F9 TOYOTA MOTOR CREDIT	AT COST	13,978	14,110
921943809 VANGUARD TAX-MANAGED	AT COST	265,358	265,033
931142ED1 WALMART INC 3.55% 26	AT COST	13,969	14,154
867914BM4 SUNTRUST BANKS INC 2	AT COST	14,987	14,629
902973304 US BANCORP DEL	AT COST	15,726	13,710
61744YAH1 MORGAN STANLEY 2.75%	AT COST	14,093	13,620
61761JVL0 MORGAN STANLEY	AT COST	14,021	13,767
742718109 PROCTER & GAMBLE CO	AT COST	15,894	16,546
755111507 RAYTHEON CO	AT COST	8,657	9,201
91913YAU4 VALERO ENERGY CORP 3	AT COST	14,792	13,760
922908645 VANGUARD IDX TR MID-	AT COST	184,105	201,592
92343VAW4 VERIZON COMMUNICATIO	AT COST	13,020	14,570
G29183103 EATON CORP PLC	AT COST	14,853	17,165
N53745100 LYONDELLBASELL INDU-	AT COST	15,420	15,800
037833DC1 APPLE INC 2.1% 12 SE	AT COST	14,885	14,494
060505104 BANK AMER CORP	AT COST	16,819	14,784
06416CAB4 BANK OF NOVA SCOTIA	AT COST	13,737	13,841
110709BN1 BRITISH COLUMBIA PRO	AT COST	13,873	13,986
126650DA5 CVS HEALTH CORP 3.12	AT COST	14,012	13,972
921946406 VANGUARD HIGH DVD YI	AT COST	50,140	54,593
931427AH1 WALGREENS BOOTS ALLI	AT COST	14,050	13,787
94988J5N3 WELLS FARGO BANK NA	AT COST	13,986	13,826
24422ESS9 JOHN DEERE CAPITAL C	AT COST	13,996	13,921
262028855 DRIEHAUS ACTIVE INCO	AT COST	88,746	83,654
3128MJXK1 FHLMC GOLD G08681	AT COST	18,679	18,229
312943WG4 FG A95147 4% 01 NOV	AT COST	4,743	4,688
3135G0K36 FED NATL MTG ASSN	AT COST	13,870	14,288
38141GWM2 GOLDMAN SACHS GROUP	AT COST	14,787	14,289
458140AJ9 INTEL CORP	AT COST	13,945	14,148
459200JG7 I B M CORP	AT COST	13,955	13,616
579780206 MC CORMICK & CO INC	AT COST	15,057	20,190
58933Y105 MERCK & CO INC	AT COST	24,565	34,385
65339F101 NEXTERA ENERGY INC	AT COST	9,366	24,335
681919106 OMNICOM GROUP INC CO	AT COST	15,742	14,648
682680103 ONEOK INC NEW	AT COST	7,878	7,014

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
TUSCALOOSA COUNTY OIL /GAS	825	825	450
TUSCALOOSA COUNTY ALABAMA 156	59,420	59,420	507,000
MINERAL AUDIT ASSET	1	1	13,791

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OTHER ROYALTY EXPENSE	768	768	0
OTHER EXPENSES	3,030	3,030	0
INVESTMENT EXPENSES -DIV	1,065	1,065	0
Rent and Royalty Expense	534

Description	Amount
MF TIMING DIFFERENCES	247
PY SALES SETTLED IN CY	17
COST BASIS ADJUSTMENT	48

Category	Amount	Net Investment Income
FOREIGN TAXES	749	749
FEDERAL TAX PAYMENT - PRIOR YE	1,950	0
FOREIGN TAXES ON NONQUALIFIED	132	132