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
JOHN J & FREDA C MONNOT SCHOLARSHIP
FUND INC
Number and street (or P.O. box number if mail is not delivered to street address)1528 STARR DR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YUBA CITY, CA95993
A Employer identification number

68-0429307
B Telephone number (see instructions)

(530) 674-4211
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$1,480,057
J 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) 300
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 79,646 79,646 79,646
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 79,946 79,646 79,646
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 4,519      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,958      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 329      
23 Other expenses (attach schedule)....... 158,962      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 165,768 0   0
25 Contributions, gifts, grants paid....... 63,300 63,300
26 Total expenses and disbursements. Add lines 24 and 25 229,068 0   63,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -149,122
b Net investment income (if negative, enter -0-) 79,646
c Adjusted net income (if negative, enter -0-)... 79,646
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......... 18,568 41,920 41,920
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,610,611 Click to see attachment1,438,137 1,438,137
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,629,179 1,480,057 1,480,057
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.................. 1,629,179 1,480,057
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 1,629,179 1,480,057
31 Total liabilities and net assets/fund balances (see instructions). 1,629,179 1,480,057
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
1,629,179
2
Enter amount from Part I, line 27a .....................
2
-149,122
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,480,057
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,480,057
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 69,350 1,650,944 0.04201
2016 80,492 1,506,317 0.05344
2015 67,350 1,609,902 0.04184
2014 74,127 1,609,902 0.04604
2013 64,700 1,613,879 0.04009
2
Total of line 1, column (d) .....................
2
0.223411
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
0.044682
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,585,430
5
Multiply line 4 by line 3......................
5
70,840
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
796
7
Add lines 5 and 6........................
7
71,636
8
Enter qualifying distributions from Part XII, line 4,.............
8
63,300
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 1,593
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  
3 Add lines 1 and 2........................... 3 1,593
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,593
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,600
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 11
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
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
 
No
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)
    bulletCA
    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 ofbulletTENNEY & COMPANY CPAS Telephone no.bullet (530) 674-4211

    Located atbullet1528 STARR DR STE AYUBA CITYCA ZIP+4bullet95993
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    JEROME D TENNEY PRESIDENT
    0.00
    0    
    1571 COATS DRIVE
    YUBA CITY,CA95993
    JERRY CRIPPEN CFO
    0.00
    0    
    PO BOX 590
    MARYSVILLE,CA95901
    GARY TAXERA OD Secretary
    0.00
    0    
    660 DALE AVE
    YUBA CITY,CA95993
    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  
    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.............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)
    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
    1,582,651
    b
    Average of monthly cash balances.......................
    1b
    26,923
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,609,574
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,609,574
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    24,144
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,585,430
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    79,272
    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
    79,272
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,593
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,593
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    77,679
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    77,679
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    77,679
    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
    63,300
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    63,300
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    63,300
    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 77,679
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014...... 63,563
    c From 2015......  
    d From 2016...... 6,592
    e From 2017......  
    fTotal of lines 3a through e........ 70,155
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 63,300
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 63,300
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018. 14,379 14,379
    (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 55,776
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    55,776
    10 Analysis of line 9:
    a Excess from 2014.... 49,184
    b Excess from 2015....  
    c Excess from 2016.... 6,592
    d Excess from 2017....  
    e Excess from 2018....  
    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).)
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOHN J FREDA C MONNOT SCHOLARSHIP F
    1528 STARR DR STE A
    YUBA CITY,CA95993
    (530) 674-4211
    bThe form in which applications should be submitted and information and materials they should include:
    HIGH SCHOOL SCHOLARSHIP APPLICATION FORM INCLUDING THREE LETTERS OF RECOMMENDATION, HIGH SCHOOL TRANSCRIPT, LIST OF AWARDS AND ACCOMPLISHMENTS, AND COMMUNITY SERVICE.
    cAny submission deadlines:
    APRIL 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    HIGH SCHOOL GRADUATES FROM SUTTER AND YUBA COUNTIES
    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
    GAOSIA VANG
    1400 EAST COTATI AVE APT 34
    ROHNERT PARK,CA94928
    NONE INDIV COLLEGE SCHOLARSHIP 500
    RAYMOND MILLER
    2617 PEPPER STREET
    SUTTER,CA95982
    NONE I COLLEGE SCHOLARSHIP 1,000
    AARON BIRCH
    9972 MCGOUGH COURT
    BROWNS VALLEY,CA95918
    NONE I COLLEGE SCHOLARSHIP 1,000
    ALISHA AERY
    1372 SCOTTEN CT
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 1,000
    ANDREA LITTLE
    1770 LYNCHBURG DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    DANIEL DUNHAM
    1354 GENEVA AVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 800
    DEVIN CATES
    1646 TRES PICOS DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 400
    EMILY NELSON
    1509 HILLSIDE DR
    COLLEGE STATION,TX77845
    NONE I COLLEGE SCHOLARSHIP 1,000
    JAILENE ESCUTIA CHAVEZ
    1941 DEERFIELD DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    JANET GUADALUPE RAYGOZA
    3614 LINCOLN ROAD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,300
    JESSICA CALAHORRANO
    1621 SOUTHPARK DRIVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 1,000
    JORDAN MACANDREW
    8048 BUTTE AVENUE
    SUTTER,CA95982
    NONE I COLLEGE SCHOLARSHIP 1,000
    KATHERINE JACENICH
    1695 MESSINA DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    MAY LOR
    6320 JORDAN DRIVE
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 400
    MEI YU
    2405 EDWARDS STREET
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 400
    MITCHELL GANDER
    3098 GARDEN HWY
    NICOLAUS,CA95659
    NONE I COLLEGE SCHOLARSHIP 500
    RILEY LEFF
    2374 WEST RIDGE DRIVE
    SUTTER,CA95982
    NONE I COLLEGE SCHOLARSHIP 400
    TABITA SIMON
    3663 HWY 20
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 400
    THOMAS VANG
    1796 FERNWOOD DRIVE
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 1,000
    BRYNN HENRY CATLETT
    476N 300E 110
    PROVE,UT84606
    NONE 1 COLLEGE SCHOLARSHIP 900
    MORIAH MADDALENA
    652 VIA JACINTO
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    YESENIA MARTINEZ
    1104 SKYLINE DRIVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 1,300
    ARIANA RAMOS
    8478 KENT AVE
    LIVE OAK,CA95953
    NONE I COLLEGE SCHOLARSHIP 800
    ISABELLE SCHICHT
    700 GEEBEE WAY
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 500
    EVELYN CORADO
    1901 HARDER ROAD MAILBOX 516
    HAYWARD,CA94542
    NONE I COLLEGE SCHOLARSHIP 500
    CAITLYN BROWNING
    860 S 5TH ST W 28
    REXBURG,ID83440
    NONE I COLLEGE SCHOLARSHIP 1,500
    MEGAN DESCHAMPS
    8222 MARSHALL ST
    SUTTER,CA95902
    NONE I COLLEGE SCHOLARSHIP 400
    MADELINE BIRCH
    9972 McGOUGH COURT
    BROWNS VALLEY,CA95918
    NONE I COLLEGE SCHOLARSHIP 500
    KAYLEE MINTON
    1872 CHLOE COURT
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 800
    RACHEL GEIGER
    1887 BURGANDY DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    KELLI T McGUFFIN
    3414 DURHAM WAY
    LIVE OAK,CA95953
    NONE I COLLEGE SCHOLARSHIP 500
    CHHARANDEEP JAWANDA
    1594 GRAY AVE APT 5
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 500
    ASHLEE PATERNO
    2121 CARTAGENA DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    ATHENA AGUILAR
    935 HILLCREST AVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 300
    EMILIE BUSHNELL
    1740 CLAIRE CT
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 100
    EMILY HENRY
    1833 RAPID WATER WAY
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 300
    GILLIAN TRIPP
    1208 JODI DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    INDERJIT GILL
    1270 FOSTER AVE APT K
    ARCATA,CA95521
    NONE I COLLEGE SCHOLARSHIP 300
    JASON HORAN
    9191 BYRON WAY
    BROWNS VALLEY,CA95918
    NONE I COLLEGE SCHOLARSHIP 300
    JOHN KEELEY
    581 OHLEYER ROAD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 400
    JORDAN BEACH
    12899 LOS VERJELES RD
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    KEYLA SAUCEDO
    2148 FEATHER RIVER BLVD
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 1,500
    LYNSEY SULLIVAN
    10290 ABSALOM LANE
    BROWNS VALLEY,CA95918
    NONE I COLLEGE SCHOLARSHIP 300
    MACY PAYNE
    2456 DEL PERO STREET
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    NEETHU ZACHARIAH
    1988 NAND DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,500
    NICOLO OROZCO
    345 GURDAS CT
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    SETH CHATFIELD
    3250 STONEGATE DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,500
    STEPHANIA CALAHORRANO
    1621 SOUTHPARK DR
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 300
    ELISA ROJAS-PALATO
    298 MAIN STREET
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 100
    ABIGAIL GRANT
    1795 LONG HORN TRAIL
    PLUMAS LAKE,CA95961
    NONE I COLLEGE SCHOLARSHIP 300
    ABIGAIL SCHICHT
    700 GEE BEE WAY
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 500
    ALEXSIA AGUILAR
    935 HILLCREST AVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 300
    ALICEA NUNES
    1745 COLUMBIA DRIVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 400
    AMANPREET KAUR
    1719 FRANKLIN ROAD 41
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    ARI BERLFEIN
    228 S LAWRENCE AVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,000
    ARZO ZAZAI
    1077 COURTYARD DRIVE
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 800
    ASHLEY CONNER
    4218 DEATON DRIVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 200
    BRIANNA YETTER
    2663 LOCUST STREET
    SUTTER,CA95982
    NONE I COLLEGE SCHOLARSHIP 300
    BRISA RODRIGUEZ
    1192 GRAND AVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 300
    CAMERON CONTRERAS
    10431 HALL DRIVE
    LIVE OAK,CA95953
    NONE I COLLEGE SCHOLARSHIP 300
    CARLA OLIVARES CORTES
    PO BOX 5304
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    CESAR BARAJAS YEPEZ
    352 BERNARD DRIVE APT L
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 1,000
    CRAIG STAPLES
    469 WYMOUNT TERRACE
    PROVO,UT84604
    NONE I COLLEGE SCHOLARSHIP 1,100
    DESIREE GIBBENS
    5750 HONOR PARKWAY
    SACRAMENTO,CA95835
    NONE I COLLEGE SCHOLARSHIP 500
    DESTINY GONZALEZ
    1801 ELLIS LAKE DR APT 192
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 500
    ELLA HARRISON
    1150 TORI LANE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,500
    FERNANDO MACIAS
    400 EVERGREEN WAY
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 1,500
    GABRIELA JASMINE SAUCEDO
    2148 FEATHER RIVER BLVD
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 1,500
    GAGE BERTSCH
    6549 TUSCANY COURT
    RIO LINDA,CA95673
    NONE I COLLEGE SCHOLARSHIP 500
    GURSIMRAN KAUR
    1771 REDHAVEN AVE
    YUBA CITY,CA95993
    NONE 1 COLLEGE SCHOLARSHIP 500
    GURVEER BUTTER
    2755 KRISTEN ST
    LIVE OAK,CA95953
    NONE I COLLEGE SCHOLARSHIP 300
    HARLIN KAUR
    2148 AUGUST WAY
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 100
    HARMANPREET KAUR
    1553 COUNTRYSIDE DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    HARRISON PIERCE
    4258 DRESSER RD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    HEATHER EBERHARDT
    1609 6TH AVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 500
    JAQUELINE LAMAS
    1735 GORDAN WAY
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    JASMEEN JASMEEN
    1590 ALFRED WAY 4
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    JASMINE DHILLON
    1921 ANTHONY DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 800
    JASPREET KHUNKHUN
    1629 REDHAVEN AVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    JENNY LOR
    4552 MEADOW WAY
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 300
    JESSICA STERLING
    1477 OSWALD RD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    JONATHAN MCDANIELS
    1571 SHARON DRIVE
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 800
    JOSPHINE SIHNER
    PO BOX 265
    CHALLENGE,CA95925
    NONE I COLLEGE SCHOLARSHIP 500
    JULIA CAMPBELL
    1470 ENGLISH WAY
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 1,500
    KATEY PATRICK
    4869 FRANKLIN ROAD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    KEERAT TAKHAR
    703 SCIROCCO DR
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 300
    KHADIJA BIBI
    1570 CLEAR WATER COURT
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 800
    KYLIE SLOCUM
    11610 VICKIE DR
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 500
    MITCHELL TWU
    977 KENSINGTON WAY
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 800
    PAULINA MURO
    1933 8TH AVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 400
    ROBERT GANDER
    3098 GARDEN HWY
    NICOLAUS,CA95659
    NONE I COLLEGE SCHOLARSHIP 800
    ROY SMITH
    PO BOX 1306
    ELVERTA,CA95626
    NONE I COLLEGE SCHOLARSHIP 800
    SAMUEL SIMON
    3663 HIGHWAY 20
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    SARINA SOHAL
    1915 BLEVIN ROAD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 800
    MACKENZIE GRAZIANO
    1527 WILLIAMSBURG DR
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 300
    MANBIR SANGHERA
    4481 SUNDARI AVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 800
    MARIA GUERRERO
    10687A NEVADA ST
    LIVE OAK,CA95953
    NONE I COLLEGE SCHOLARSHIP 300
    MARIFER BARRIGA
    5578 KERKHILL DRIVE
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    MARISOL HUERTA-ONTIVEROS
    1736 10TH AVE
    OLIVEHURST,CA95961
    NONE I COLLEGE SCHOLARSHIP 500
    MARSHALL PASK
    2417 FOUST ST
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 500
    MICKENNA TURNER
    1820 3RD AVE
    SUTTER,CA95982
    NONE I COLLEGE SCHOLARSHIP 500
    SOFIA SILVA
    1401 STEWART RD
    YUBA CITY,CA95993
    NONE I COLLEGE SCHOLARSHIP 500
    TAYLOR UPTON
    5857 RUPERT AVE
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 300
    TYLER REYNOLDS
    1154 TEESDALE ROAD
    YUBA CITY,CA95991
    NONE I COLLEGE SCHOLARSHIP 500
    YULITZA RIVERA CAMARGO
    1842 FERNWOOD DRIVE
    MARYSVILLE,CA95901
    NONE I COLLEGE SCHOLARSHIP 800
    Total .................................bullet 3a 63,300
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....         79,646
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUNRLZD GAIN ON SECURITIES
             
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     79,646
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    79,646
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PD TENNEY & CO CPA'S OWNED BYJ TENNEY 4,519 0 0 0

    TY 2018 GeneralExplanationAttachment
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF MR. TENNEY IS THE PRESIDENT OF THE JOHN J AND FREDA C MONNOT SCHOLARSHIP FUND INC. MR. TENNEY IS A CERTIFIED PUBLIC ACCOUNTANT AND HIS FIRM, TENNEY AND COMPANY CPA'S DOES THE BOOKKEEPING AND RECORD KEEPING FOR THE SCHOLARSHIP FUND AND PREPARES THE ANNUAL FORM 990. THE ACCOUNTING FEES FOR THE SERVICES PROVIDED ARE PAID TO TENNEY AND COMPANY CPA FIRM. MR. TENNEY DOES NOT RECEIVE ANY SEPARATE COMPENSATION FOR THE TIME HE ACTS AS THE PRESIDENT OF THE MONNOT SCHOLARSHIP FUND.THERE ARE TWO OTHER OFFICERS WHO OVERSEE THE ACTIVITIES OF THE SCHOLARSHIP FUND WITH MR. TENNEY. NONE OF THE OFFICERS RECEIVE COMPENSATION FOR THEIR SERVICE TO THE SCHOLARSHIP FUND.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EDWARD JONES SECURITIES 1214 1,438,137 1,438,137

    TY 2018 OtherExpensesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 60      
    UNREALIZED LOSS ON SECURITIES 158,902      


    TY 2018 TaxesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY GENERAL REG OF CHARITABLE ORG 50      
    FOREIGN WITHHOLDING 180      
    FTB TAXES PAID 10      
    US TREASURY 1,718