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
FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
 
Number and street (or P.O. box number if mail is not delivered to street address)1625 NILES-CORTLAND RD NE STE 2
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WARREN, OH44484
A Employer identification number

34-1701625
B Telephone number (see instructions)

(330) 743-7000
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$4,195,289J 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) 21,676
2 Check bullet.............
3 Interest on savings and temporary cash investments 993 993  
4 Dividends and interest from securities... 78,014 78,014  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 123,794
b Gross sales price for all assets on line 6a 1,047,319
7 Capital gain net income (from Part IV, line 2)... 123,794
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........ 224,477 202,801  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,851 32,096   13,755
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 690 345 0 345
b Accounting fees (attach schedule)....... Click to see attachment 2,400 600 0 1,800
c Other professional fees (attach schedule).... Click to see attachment 38,805 27,163   11,641
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,361 861   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,227     200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 91,334 61,065 0 27,741
25 Contributions, gifts, grants paid....... 157,041 51,000
26 Total expenses and disbursements. Add lines 24 and 25 248,375 61,065 0 78,741
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,898
b Net investment income (if negative, enter -0-) 141,736
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......... 59,127 76,858 76,858
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) 214,713 Click to see attachment214,774 208,361
b Investments—corporate stock (attach schedule)....... 1,454,023 Click to see attachment1,444,920 1,577,110
c Investments—corporate bonds (attach schedule)....... 252,074 Click to see attachment201,561 196,262
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 839,133 Click to see attachment857,053 793,698
14 Land, buildings, and equipment: basis bullet1,343,000
Less: accumulated depreciation (attach schedule) bullet   1,343,000 1,343,000 1,343,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,162,070 4,138,166 4,195,289
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........ 4,162,070 4,138,166
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)..... 4,162,070 4,138,166
31 Total liabilities and net assets/fund balances (see instructions). 4,162,070 4,138,166
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
4,162,070
2
Enter amount from Part I, line 27a .....................
2
-23,898
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,138,172
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,138,166
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 2. ALPHABET INC CL A   2016-01-12 2018-01-29
b 2. ALPHABET INC CL A   2016-07-18 2018-01-29
c 4. ALPHABET INC CL A   2016-01-12 2018-04-13
d 2. ALPHABET INC CL A   2016-07-18 2018-04-13
e 1. ALPHABET INC CL A   2016-07-18 2018-06-27
2. ALPHABET INC CL A   2016-01-12 2018-06-27
85. AMGEN INC COM     2018-05-11
1. AMGEN INC COM   2017-05-31 2018-05-11
5. AMGEN INC COM   2017-05-31 2018-05-11
152. AMGEN INC COM     2018-05-11
12. APPLE COMPUTER INC   2007-03-08 2018-02-27
95. AQUA AMERICA INC   2018-01-05 2018-04-16
181. AQUA AMERICA INC   2018-01-05 2018-04-16
16. CAPITAL ONE FINANCIAL CORP   2016-04-29 2018-05-15
67. CAPITAL ONE FINANCIAL CORP     2018-09-20
35. CAPITAL ONE FINANCIAL CORP     2018-09-20
24. CISCO SYS INC COM   2015-04-17 2018-02-01
50. CISCO SYS INC COM   2007-01-30 2018-02-01
40. CISCO SYS INC COM     2018-02-26
74. CISCO SYS INC COM   2007-01-30 2018-02-26
45. CISCO SYS INC COM   2007-01-30 2018-05-11
25. CISCO SYS INC COM   2016-02-10 2018-05-11
86.4 CITIGROUP INC NEW     2018-07-06
41.4 CITIGROUP INC NEW   2018-01-04 2018-07-06
.6 CITIGROUP INC NEW   2018-01-04 2018-08-03
.6 CITIGROUP INC NEW   2018-05-16 2018-08-03
50000. COCA COLA CO 1.650% 11/01/18   2015-03-02 2018-11-01
2. COGNIZANT TECH SOLUTIONS   2016-02-10 2018-02-12
25. COGNIZANT TECH SOLUTIONS   2016-02-10 2018-02-12
42. COGNIZANT TECH SOLUTIONS     2018-10-09
80. COGNIZANT TECH SOLUTIONS     2018-10-09
38. CONOCOPHILLIPS   2016-06-15 2018-02-01
14. CONOCOPHILLIPS   2016-06-15 2018-02-01
107. CONOCOPHILLIPS     2018-03-16
128. CONOCOPHILLIPS     2018-03-16
200. CONOCOPHILLIPS     2018-03-16
249. CONOCOPHILLIPS     2018-03-16
60. ELECTRONIC ARTS INC   2018-01-12 2018-03-16
117. ELECTRONIC ARTS INC   2018-01-12 2018-03-16
53. EXXON MOBIL CORP     2018-10-02
3. FEDEX CORP   2016-02-10 2018-02-01
13. FEDEX CORP   2016-02-10 2018-02-01
25. FEDEX CORP     2018-09-13
13. FEDEX CORP     2018-09-13
163. FORD MTR CO DEL   2017-05-31 2018-02-23
837. FORD MTR CO DEL     2018-02-23
333. FORD MTR CO DEL     2018-02-23
1738. FORD MTR CO DEL     2018-02-23
.7 GARRETT MOTION INC   2017-05-31 2018-10-10
.8 GARRETT MOTION INC   2017-05-31 2018-10-10
8. GARRETT MOTION INC     2018-11-16
15. GARRETT MOTION INC     2018-11-16
1686. GENERAL ELEC CO COM     2018-08-23
905. GENERAL ELEC CO COM     2018-08-23
16. GLAXOSMITHKLINE PLC   2017-08-30 2018-05-11
154. GLAXOSMITHKLINE PLC     2018-05-11
89. GLAXOSMITHKLINE PLC   2015-11-11 2018-05-11
231.622 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INSTL     2018-07-30
1411.003 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INSTL     2018-07-30
93.081 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INSTL     2018-07-30
3511.098 GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND INSTL     2018-07-30
31. HCA HEALTHCARE INC   2017-05-11 2018-02-01
23. HCA HEALTHCARE INC   2017-05-11 2018-02-01
25. HCA HEALTHCARE INC   2017-05-11 2018-06-27
14. HCA HEALTHCARE INC   2017-05-11 2018-06-27
75. HP INC   2016-12-01 2018-10-02
104. HP INC   2016-12-01 2018-10-02
42. HONEYWELL INTERNATIONAL INC     2018-05-18
77. HONEYWELL INTERNATIONAL INC     2018-05-18
341. HOST HOTELS & RESORTS INC     2018-06-22
178. HOST HOTELS & RESORTS INC     2018-06-22
24. INTEL CORP COM   2017-04-05 2018-02-27
32. INTEL CORP COM   2017-04-05 2018-02-27
65. INTERNATIONAL BUSINESS MACHINES   2018-01-12 2018-11-23
126. INTERNATIONAL BUSINESS MACHINES   2018-01-12 2018-11-23
349.301 IVY INTERNATIONAL CORE EQUITY INSTL   2015-11-09 2018-02-12
324.351 IVY INTERNATIONAL CORE EQUITY INSTL   2015-11-09 2018-02-12
21. LABORATORY CORP OF AMERICA HOLDINGS     2018-06-13
38. LABORATORY CORP OF AMERICA HOLDINGS     2018-06-13
10. LABORATORY CORP OF AMERICA HOLDINGS   2016-11-09 2018-07-18
14. LABORATORY CORP OF AMERICA HOLDINGS   2016-11-09 2018-07-18
55. LABORATORY CORP OF AMERICA HOLDINGS   2016-11-09 2018-12-06
103. LABORATORY CORP OF AMERICA HOLDINGS   2016-11-09 2018-12-06
30. LAUDER ESTEE COS INC     2018-01-12
11. LAUDER ESTEE COS INC   2017-05-31 2018-01-12
75. LAUDER ESTEE COS INC     2018-01-12
189. LAUDER ESTEE COS INC     2018-01-12
76. MICROSOFT CORP COM     2018-01-12
40. MICROSOFT CORP COM     2018-01-12
29. MICROSOFT CORP COM   2015-02-27 2018-02-01
14. MICROSOFT CORP COM   1999-07-20 2018-02-01
29. MICROSOFT CORP COM   1999-07-20 2018-10-09
55. MICROSOFT CORP COM     2018-10-09
54. MOHAWK INDS INC     2018-05-24
104. MOHAWK INDS INC     2018-05-24
7. NEXTERA ENERGY INC   2015-11-06 2018-06-27
34. NUCOR CORP COM     2018-02-27
47. NUCOR CORP COM   2015-02-27 2018-02-27
23. PEPSICO INC COM   2007-03-08 2018-06-27
258. PUBLIC SERVICE ENTERPRISE GROUP     2018-01-05
12. PUBLIC SERVICE ENTERPRISE GROUP   2017-05-31 2018-01-05
499. PUBLIC SERVICE ENTERPRISE GROUP     2018-01-05
6. RAYTHEON COMPANY NEW   2017-08-21 2018-02-12
6. RAYTHEON COMPANY NEW   2017-08-21 2018-02-12
.5 RESIDEO TECHNOLOGIES INC   2017-05-31 2018-11-15
.333 RESIDEO TECHNOLOGIES INC   2017-05-31 2018-11-15
14. RESIDEO TECHNOLOGIES INC     2018-11-26
26. RESIDEO TECHNOLOGIES INC     2018-11-26
107. SPDR S&P REGIONAL BANKING ETF     2018-01-04
214. SPDR S&P REGIONAL BANKING ETF     2018-01-04
5. CHARLES SCHWAB CORP   2017-03-08 2018-02-27
12. CHARLES SCHWAB CORP   2017-03-08 2018-02-27
34. SPDR CONSUMER DISCRETIONARY ETF   2016-04-07 2018-07-18
24. SPDR CONSUMER DISCRETIONARY ETF   2016-04-07 2018-07-18
30. SPDR CONSUMER DISCRETIONARY ETF   2016-04-07 2018-10-16
56. SPDR CONSUMER DISCRETIONARY ETF   2016-04-07 2018-10-16
17. SMUCKER J M CO NEW   2016-08-31 2018-02-27
22. SMUCKER J M CO NEW   2016-08-31 2018-02-27
51. SMUCKER J M CO NEW   2016-08-31 2018-06-13
27. SMUCKER J M CO NEW   2016-08-31 2018-06-13
109. SMUCKER J M CO NEW     2018-11-28
208. SMUCKER J M CO NEW     2018-11-28
17. TJX COMPANIES INC   2018-02-23 2018-10-02
53. TJX COMPANIES INC   2018-02-23 2018-10-02
113. US BANCORP DEL NEW   2017-03-08 2018-06-22
63. US BANCORP DEL NEW   2017-03-08 2018-06-22
61. US BANCORP DEL NEW     2018-07-31
111. US BANCORP DEL NEW     2018-07-31
28. UNION PAC CORP COM   2017-03-02 2018-05-18
52. UNION PAC CORP COM   2017-03-02 2018-05-18
30. UNION PAC CORP COM   2017-03-02 2018-06-27
19. UNION PAC CORP COM   2017-03-02 2018-06-27
21. UNION PAC CORP COM   2018-02-20 2018-11-16
72. UNION PAC CORP COM   2017-03-02 2018-11-16
136. UNION PAC CORP COM   2017-03-02 2018-11-16
42. UNION PAC CORP COM   2018-02-20 2018-11-16
341. UNUM GROUP     2018-06-22
652. UNUM GROUP     2018-06-22
19. V F CORP   2017-03-01 2018-02-12
35. V F CORP   2017-03-01 2018-02-12
40. V F CORP   2017-03-01 2018-05-24
77. V F CORP     2018-05-24
9. VIACOM INC NEW B   2017-03-02 2018-02-12
15. VIACOM INC NEW B   2017-03-02 2018-02-12
98. VIACOM INC NEW B     2018-02-23
186. VIACOM INC NEW B     2018-02-23
440. VIACOM INC NEW B     2018-08-09
176. VIACOM INC NEW B     2018-08-09
208. VIACOM INC NEW B     2018-08-09
315. VIACOM INC NEW B     2018-08-09
55. VISA INC     2018-01-12
28. VISA INC     2018-01-12
7. VISA INC   2016-02-10 2018-02-01
30. VISA INC   2016-02-10 2018-07-18
17. VISA INC   2016-02-10 2018-07-18
413. WESTROCK CO     2018-12-06
210. WESTROCK CO     2018-12-06
31. INGERSOLL-RAND PLC     2018-02-20
62. INGERSOLL-RAND PLC   2016-08-18 2018-02-20
30. INGERSOLL-RAND PLC   2016-08-18 2018-03-16
61. INGERSOLL-RAND PLC     2018-03-16
66. TE CONNECTIVITY LTD REG SHS   2016-09-28 2018-04-16
35. TE CONNECTIVITY LTD REG SHS   2016-09-28 2018-04-16
264. TE CONNECTIVITY LTD REG SHS     2018-07-06
140. TE CONNECTIVITY LTD REG SHS     2018-07-06
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 2,379   1,488 891
b 2,379   1,496 883
c 4,137   2,976 1,161
d 2,069   1,496 573
e 1,121   748 373
2,242   1,488 754
14,590   13,275 1,315
172   155 17
858   773 85
26,091   23,500 2,591
2,151   151 2,000
3,210   3,580 -370
6,115   6,821 -706
1,509   1,164 345
6,652   5,210 1,442
3,475   2,634 841
1,004   678 326
2,091   1,315 776
1,813   1,120 693
3,354   1,946 1,408
2,063   1,184 879
1,146   569 577
5,804   6,547 -743
2,781   3,141 -360
43   46 -3
43   43  
50,000   50,000  
155   108 47
1,942   1,348 594
3,098   2,296 802
5,901   4,331 1,570
2,255   1,665 590
831   613 218
5,778   4,873 905
6,912   5,607 1,305
10,800   9,134 1,666
13,446   10,892 2,554
7,752   6,821 931
15,116   13,301 1,815
4,575   4,195 380
785   385 400
3,404   1,669 1,735
6,351   4,132 2,219
3,303   2,119 1,184
1,729   1,817 -88
8,879   9,999 -1,120
3,532   3,743 -211
18,437   20,711 -2,274
11   10 1
12   11 1
102   93 9
192   171 21
21,027   25,180 -4,153
11,287   13,519 -2,232
635   638 -3
6,114   6,374 -260
3,533   3,666 -133
2,951   2,918 33
17,976   14,616 3,360
1,186   1,173 13
44,731   36,037 8,694
3,188   2,640 548
2,365   1,959 406
2,613   2,129 484
1,463   1,192 271
1,946   1,141 805
2,698   1,583 1,115
6,200   5,068 1,132
11,366   9,507 1,859
7,336   6,207 1,129
3,829   3,217 612
1,199   878 321
1,599   1,171 428
7,635   10,672 -3,037
14,800   20,687 -5,887
7,000   6,011 989
6,500   5,582 918
3,978   2,588 1,390
7,197   4,646 2,551
1,859   1,211 648
2,603   1,695 908
7,871   6,659 1,212
14,741   12,471 2,270
3,866   2,829 1,037
1,418   1,038 380
9,665   6,116 3,549
24,355   15,465 8,890
6,784   4,206 2,578
3,570   2,015 1,555
2,738   1,270 1,468
1,322   668 654
3,265   1,384 1,881
6,192   2,659 3,533
11,473   14,016 -2,543
22,096   26,999 -4,903
1,179   688 491
2,300   1,352 948
3,179   2,214 965
2,486   1,448 1,038
12,773   10,335 2,438
594   542 52
24,705   19,785 4,920
1,253   1,059 194
1,253   1,059 194
11   12 -1
7   8 -1
273   272 1
507   495 12
6,376   4,306 2,070
12,753   8,431 4,322
270   211 59
649   506 143
3,837   2,658 1,179
2,708   1,876 832
3,303   2,345 958
6,166   4,378 1,788
2,162   2,400 -238
2,798   3,106 -308
5,335   7,200 -1,865
2,824   3,812 -988
11,348   14,245 -2,897
21,656   27,116 -5,460
1,879   1,312 567
5,857   4,091 1,766
5,763   6,260 -497
3,213   3,490 -277
3,243   3,361 -118
5,901   6,115 -214
3,990   3,068 922
7,409   5,698 1,711
4,212   3,287 925
2,668   2,082 586
3,199   2,769 430
10,967   7,889 3,078
20,716   14,902 5,814
6,398   5,538 860
12,990   16,483 -3,493
24,838   31,672 -6,834
1,542   1,004 538
2,841   1,849 992
3,283   2,113 1,170
6,319   4,098 2,221
297   383 -86
495   639 -144
3,275   4,261 -986
6,216   8,072 -1,856
13,306   12,184 1,122
5,322   7,029 -1,707
6,290   5,708 582
9,526   12,513 -2,987
6,594   4,031 2,563
3,357   2,093 1,264
874   492 382
4,226   2,107 2,119
2,395   1,194 1,201
19,031   23,691 -4,660
9,677   12,048 -2,371
2,800   2,107 693
5,599   4,176 1,423
2,690   2,021 669
5,469   3,423 2,046
6,580   4,244 2,336
3,489   2,251 1,238
24,094   16,083 8,011
12,777   8,547 4,230
      22,247
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       891
b       883
c       1,161
d       573
e       373
      754
      1,315
      17
      85
      2,591
      2,000
      -370
      -706
      345
      1,442
      841
      326
      776
      693
      1,408
      879
      577
      -743
      -360
      -3
       
       
      47
      594
      802
      1,570
      590
      218
      905
      1,305
      1,666
      2,554
      931
      1,815
      380
      400
      1,735
      2,219
      1,184
      -88
      -1,120
      -211
      -2,274
      1
      1
      9
      21
      -4,153
      -2,232
      -3
      -260
      -133
      33
      3,360
      13
      8,694
      548
      406
      484
      271
      805
      1,115
      1,132
      1,859
      1,129
      612
      321
      428
      -3,037
      -5,887
      989
      918
      1,390
      2,551
      648
      908
      1,212
      2,270
      1,037
      380
      3,549
      8,890
      2,578
      1,555
      1,468
      654
      1,881
      3,533
      -2,543
      -4,903
      491
      948
      965
      1,038
      2,438
      52
      4,920
      194
      194
      -1
      -1
      1
      12
      2,070
      4,322
      59
      143
      1,179
      832
      958
      1,788
      -238
      -308
      -1,865
      -988
      -2,897
      -5,460
      567
      1,766
      -497
      -277
      -118
      -214
      922
      1,711
      925
      586
      430
      3,078
      5,814
      860
      -3,493
      -6,834
      538
      992
      1,170
      2,221
      -86
      -144
      -986
      -1,856
      1,122
      -1,707
      582
      -2,987
      2,563
      1,264
      382
      2,119
      1,201
      -4,660
      -2,371
      693
      1,423
      669
      2,046
      2,336
      1,238
      8,011
      4,230
       
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 2 123,794
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 203,986 3,175,695 0.064233
2016 157,165 3,054,081 0.051461
2015 147,254 3,104,145 0.047438
2014 13,406 2,961,701 0.004526
2013 61,307 2,591,633 0.023656
2
Total of line 1, column (d) .....................
2
0.191314
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
0.038263
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,187,839
5
Multiply line 4 by line 3......................
5
121,976
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,417
7
Add lines 5 and 6........................
7
123,393
8
Enter qualifying distributions from Part XII, line 4,.............
8
184,782
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 1,417
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,417
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 1,417
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,756
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 1,756
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 339
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet339 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)
    bulletOH
    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 ofbulletFARMERS TRUST COMPANY Telephone no.bullet (330) 629-5057

    Located atbullet1625 NILES-CORTLAND RD NE STE 2WARRENOH ZIP+4bullet44484
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ATTY JOHN POGUE PRESIDENT/TTEE
    2     		0    
    108 MAIN AVENUE
    WARREN,OH44481
    JOHN PAYIAVLAS SECRETARY/TTEE
    2     		0    
    2590 ELM ROAD
    WARREN,OH44484
    JOHN ANDERSON TREASURER/TTEE
    4     		45,851    
    500 SPRING RUN
    WARREN,OH44484
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,153,314
    b
    Average of monthly cash balances.......................
    1b
    83,071
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,236,385
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,236,385
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    48,546
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,187,839
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    159,392
    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
    159,392
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,417
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,417
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    157,975
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    157,975
    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
    157,975
    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
    78,741
    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
    106,041
    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
    184,782
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    1,417
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    183,365
    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 7 157,975
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 66,029
    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: bullet$ 184,782
    a Applied to 2017, but not more than line 2a 66,029
    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..... 118,753
    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 ..........     		39,222
    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
    FMC FUND
    CHARITABLE SET-ASIDE
    1625 NILES-CORTLAND RD NE STE 2
    WARREN,OH44483     		N/A PUBLIC CHARITY CONSTRUCTION PROJECT-BUTLER 106,041
    BUTLER INSTITUTE OF ART
    524 WICK AVENUE
    YOUNGSTOWN,OH44502     		N/A PUBLIC CHARITY SUPPORT PROGRAM 50,000
    WARREN PHILHARMONIC ORCHESTRA
    303 WASHINGTON NW
    WARREN,OH44483     		N/A PUBLIC CHARITY PROGRAM SUPPORT 1,000
    Total .................................bullet 3a 157,041
    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 ...........     		    14 993  
    4 Dividends and interest from securities....     14 78,014  
    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 ............     		    18 123,794  
    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)..   202,801  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    202,801
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    34-1701625
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
          		Employer identification number
    34-1701625
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    TAYLOR WINFIELD FOUNDATION
     
    1625 NILES-CORTLAND RD NE STE 2
     
    WARREN, OH44483

    		$ 21,676


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    34-1701625
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
          		Employer identification number

    34-1701625
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,400 600   1,800

    TY 2018 GeneralExplanationAttachment
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Identifier Return Reference Explanation
    CHARITABLE SET ASIDE PART XII LINE 3 (A) THE FOUNDATION APPLIED FOR A CHARITABLE SET-ASIDE ON OCTOBER 11, 2018 USING FORM 8940. THE CHARITABLE SET ASIDE IS TO BE USED FOR EXPANDING THE BUTLER INSTITUTE OF ART. SEE ATTACHED REQUEST.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50,000 APPLE INC 2.400% 49,293 48,347
    50,000 COCA-COLA 1.650% 11/1/1    
    50,000 PFIZER INC 2.010% 5/15/ 50,092 49,869
    50,000 ROYAL BANK CANADA 2.150 49,981 49,564
    25,000 COCA COLA 2.875% 10/27/ 26,040 24,069
    25,000 WELLS FARGO 4.100% 6/3/ 26,155 24,413

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,198 SHS AT&T 40,696 34,191
    243 SHS AMGEN    
    324 SHS APPLE COMPUTER 16,080 51,108
    349 SHS EATON CORP 42,236 36,664
    308 SHS METRONIC 29,546 28,016
    1,265 SHS CISCO SYSTEMS 32,061 54,812
    488 SHS COGNIZANT TECH 28,820 30,978
    510 SHS CITIGROUP 34,820 26,551
    736 SHS CONOCOPHILLIPS    
    134 SHS AIR PRODUCTS & CHEMI 21,594 21,447
    831 SHS AQUA AMERICA 30,932 28,412
    701 SHS EXXON MOBIL CORP 55,570 47,801
    159 SHS FEDEX CORP 25,452 25,651
    665 SHS CVS HEALTH 44,436 43,571
    1,303 SHS GLAXOSMITHKLINE 51,240 49,788
    362 SHS HCA HEALTHCARE 30,761 45,051
    1,960 SHS HP INC 33,220 40,102
    245 SHS HONEYWELL INTL 25,635 32,369
    2,538 SHS HOST HOTELS & RESORT 43,710 42,308
    1,063 SHS INTEL CORP 42,007 49,887
    369 SHS JOHNSON & JOHNSON 29,683 47,619
    341 SHS MICROSOFT CORP 15,391 34,635
    142 SHS MOHAWK INDS    
    235 SHS NEXTERA ENERGY 23,378 40,848
    596 SHS NUCOR ENERGY 29,311 30,879
    606 SHS PROCTER & GAMBLE 52,817 55,704
    396 SHS PEPSICO 35,205 43,750
    769 SHS PUBLIC SERVICES ENT    
    738 SHS D R HORTON 33,267 25,579
    183 SHS RAYTHEON COMPANY NEW 32,313 28,063
    568 SHS SCHLUMBERGER LTD 38,326 20,493
    752 SHS CHARLES SCHWAB CORP 31,421 31,231
    693 SHS US BANCORP DEL NEW 35,756 31,670
    445 SHS EDISON INTL 28,627 25,263
    337 SHS UNION PACIFIC CORP    
    899 SHS UNUM GROUP    
    354 SHS V F CORP 18,741 25,254
    181 SHS HOME DEPOT 33,869 31,099
    278 SHS VISA INC 19,521 36,679
    311 SHS INGERSOLL-RAND PLC 32,541 42,696
    128 SHS IBM 20,751 14,550
    505 SHS TE CONNECTIVITY    
    1,767 SHS KINDER MORGAN 28,881 27,176
    49 SHS ALPHABET 38,526 51,203
    667 SHS KRAFT HEINZ 34,095 28,708
    309 SHS CAPITAL ONE FINANCIA 22,397 23,357
    330 SHS LILLY ELI 27,010 38,188
    1,032 SHS METLIFE 48,067 42,374
    3,071 SHS FORD MOTOR CO DEL    
    714 SHS TJX COMPANIES 27,557 31,944
    241 SHS LABORATORY CORP OF A    
    305 SHS LAUDER ESTEE COS    
    434 SHS JM SMUCKER    
    988 SHS TWITTER 39,354 28,395
    548 SHS WALMART 39,299 51,046
    1,162 SHS VIACOM INC NEW B    
    623 SHS WESTROCK    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    US Government Securities - End of Year Book Value:

    214,774
    US Government Securities - End of Year Fair Market Value:

    208,361
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    16,303.763 SHS DFA COMM STRATE AT COST 97,823 84,943
    9,183.373 SHS DFA GLOBAL RE S AT COST 97,665 91,834
    3,207.354 SHS FEDERATED INSTL AT COST 31,340 29,379
    1,806.432 SHS FEDERATED TOTAL AT COST 20,068 18,859
    4,196.400 SHS GOLDMAN SACHS I AT COST 43,978 42,677
    5,246.807 SHS GOLDMAN SACHS I      
    15,519.267 SHS IVY INTL CORE E AT COST 265,223 238,221
    1,991.492 SHS JPMORGAN SMALL AT COST 99,539 86,252
    794.284 SHS FED MDT SM CAP AT COST 15,483 13,566
    541.126 SHS OPPENHEIMER INT AT COST 10,000 8,474
    7,281.617 SHS PIMCO INTL BD F AT COST 70,599 67,646
    369.000 SHS SECTOR SPDR UTI AT COST 19,620 19,527
    348.000 SHS SPDR CONSUMER D AT COST 31,490 34,455
    655.000 SHS SPDR S&P REGION AT COST 24,459 30,647
    365.000 SHS VG REAL ESTATE AT COST 29,766 27,218

    TY 2018 LegalFeesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - INCOME (ALLOCABLE 690 345   345


    TY 2018 OtherDecreasesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Description Amount
    ROUNDING 6


    TY 2018 OtherExpensesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISC EXPENSES (NON-CHARITABLE) 1,027 0   0
    STATE OF OHIO FILING FEE 200 0   200


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 38,805 27,163   11,641


    TY 2018 TaxesSchedule
    Name:
    FOUNDATION MEDICI ENDOWMENT FUND XXX-XX-XXXX
    EIN:
    34-1701625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 114 114   0
    FEDERAL ESTIMATES - INCOME 1,500 0   0
    FOREIGN TAXES ON QUALIFIED FOR 684 684   0
    FOREIGN TAXES ON NONQUALIFIED 63 63   0