TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 04-01-2018 , and ending 03-31-2019

Name of foundation
KINGS DAUGHTERS HOME FOR OLD PEOPLE

Number and street (or P.O. box number if mail is not delivered to street address)C/O TWO RIVERS BANK 222 N MAIN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BURLINGTON, IA52601

A Employer identification number

42-0627329

B Telephone number (see instructions)

(319) 753-9130

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$8,624,564J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	229,300		229,300	229,300
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		17,853
b	Gross sales price for all assets on line 6a 680,644
7	Capital gain net income (from Part IV, line 2)...			14,351
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).......		65,519		65,519
12	Total. Add lines 1 through 11........	312,672		243,651	294,819
13	Compensation of officers, directors, trustees, etc.	42,560		17,024	8,512	17,024
14	Other employee salaries and wages......	186,666		74,666	65,333	46,667
15	Pension plans, employee benefits.......	14,280		5,712	4,998	3,570
16a	Legal fees (attach schedule).........		830	332	166	332
b	Accounting fees (attach schedule).......		2,800	1,120	560	1,120
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		267	107	93	67
19	Depreciation (attach schedule) and depletion...		14,267		14,267
20	Occupancy..............
21	Travel, conferences, and meetings.......	21,465				21,465
22	Printing and publications..........
23	Other expenses (attach schedule).......		119,586	47,835	41,850	29,901
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	402,721		146,796	135,779	120,146
25	Contributions, gifts, grants paid.......	61,000				61,000
26	Total expenses and disbursements. Add lines 24 and 25	463,721		146,796	135,779	181,146
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-151,049
b	Net investment income (if negative, enter -0-)			96,855
c	Adjusted net income (if negative, enter -0-)...				159,040

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	274,245	338,884	338,884
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	3,856	3,494	3,669
	b	Investments—corporate stock (attach schedule).......	3,534,552	3,592,776	4,448,873
	c	Investments—corporate bonds (attach schedule).......	2,340,231	1,980,303	1,944,283
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,965,446	1,970,446	1,888,855
	14	Land, buildings, and equipment: basis 598,307
		Less: accumulated depreciation (attach schedule) 331,460	185,469	266,847
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,303,799	8,152,750	8,624,564
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	8,303,799	8,152,750
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	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).....	8,303,799	8,152,750
	31	Total liabilities and net assets/fund balances (see instructions).	8,303,799	8,152,750

Part III

Analysis of Changes in Net Assets or Fund Balances

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

8,303,799

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

-151,049

Other increases not included in line 2 (itemize) bullet

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

8,152,750

Decreases not included in line 2 (itemize) bullet

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

8,152,750

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	14,351
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

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

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

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

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

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	292,684	8,475,862	0.034531
2016	298,910	8,457,133	0.035344
2015	288,469	8,551,046	0.033735
2014	360,301	5,277,382	0.068273
2013	133,934	1,800,778	0.074376

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

0.246259

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 ......

0.049252

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

8,568,821

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

422,032

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

969

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

423,001

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

181,146

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

Form 990-PF (2018)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,937
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	1,937
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	1,937
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	933
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	933
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	2
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,006
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Yes

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

TWO RIVERS BANK TRUST Telephone no. bullet

(319) 753-9130

Located at bullet

222 N MAIN STBURLINGTONIA ZIP+4 bullet

52601

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
OLIVE SULLIVAN	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MARY HART	PRESIDENT 2.00	0
222 N MAIN BURLINGTON,IA52601	PRESIDENT 2.00	0
MARILYN GARRETT	CORRESPNDG S 2.00	0
222 N MAIN BURLINGTON,IA52601	CORRESPNDG S 2.00	0
KAY KENT	TREASURER 2.00	0
222 N MAIN BURLINGTON,IA52601	TREASURER 2.00	0
PAT LATTY	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MARY DISSELHORST	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MONIKA DOWELL	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
KAY JACOBS	RECORDING SE 2.00	0
222 N MAIN BURLINGTON,IA52601	RECORDING SE 2.00	0
JEANETTE FISHER	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
GLORIA JEWETT	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
PHYLLIS ROXLAU	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
SHARON WALDEN	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
DORIS MOSELY-JOHNSON	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
TWO RIVERS BANK TRUST	TRUSTEE 5.00	42,560
222 N MAIN BURLINGTON,IA52601	TRUSTEE 5.00	42,560
KAREN SCHISEL	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MELISSA MOSLEY	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MARTI HUSKEY	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
CAROL DODGE	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
PAT MAYLE	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0

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...................

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	OPERATION OF A FACILITY FOR THE LONG-TERM CARE, COMFORT AND MAINTENANCE OF ELDERLY PERSONS	120,146
2	SUPPORT OF THE INTERNATIONAL ASSOCIATION OF KINGS DAUGHTERS AND SONS IN CHAUTAUGUA, NY	20,500
3	AWARD OF COLLEGE SCHOLARSHIPS TO AREA HIGH SCHOOL STUDENTS	23,750
4	SUPPORT OF NUMEROUS AREA CHARITABLE ORGANIZATIONS THAT ENHANCE THE QUALITY OF LIFE TO THE ELDERLY HOME RESIDENTS AND CITIZENS OF THE GREATER BURLINGTON, IOWA AREA, WITH EACH INDIVIDUAL CONTRIBUTION EQUAL TO 6,000 OR LESS	16,750

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	N/A
2


All other program-related investments. See instructions.
3

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

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

8,403,291

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

296,020

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

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

8,699,311

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

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

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

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

8,699,311

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

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

130,490

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

8,568,821

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

428,441

Part XI

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

and do not complete this part.)

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

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

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

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

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

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

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

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

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

Part XII

Qualifying Distributions (see instructions)

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

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

181,146

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

181,146

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

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

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

181,146

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

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7
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......
c From 2015......
d From 2016......
e From 2017......
fTotal of lines 3a through e........
4Qualifying distributions for 2018 from Part
XII, line 4: $ 181,146
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)........
d Applied to 2018 distributable amount.....
e Remaining amount distributed out of corpus		181,146
5 Excess distributions carryover applied to 2018.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		181,146
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 ..........
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 ......
10 Analysis of line 9:
a Excess from 2014....
b Excess from 2015....
c Excess from 2016....
d Excess from 2017....
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	181,146	292,684	298,910	288,469	1,061,209
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 ....	181,146	292,684	298,910	288,469	1,061,209
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...	285,627	282,529	281,905	285,035	1,135,096
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

TWO RIVERS BANK AND TRUST
PO BOX 728
BURLINGTON,IA52601
(319) 753-9100

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

SEE SCHOLARSHIP APPLICATION ATTACHED

cAny submission deadlines:

MARCH 15TH OF EACH YEAR

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

NONE

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
IOKDS -CHAUTAUQUA PO BOX 1017 CHAUTAUQUA,NY14722	PARENT		DONATION	20,500
BURLINGTON PUBLIC LIBRARY 210 COURT BURLINGTON,IA52601	NONE		DONATION	1,000
OTHER MISCELLANEOUS PO BOX BURLINGTON,IA52601	NONE		DONATION	4,550
TRACY MASON 11912 DMC HWY 99 LOT 127 BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
PARKER HANKS 1601 HASKELL BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
BURLINGTON COMMUNITY SCHOOL DIST 1429 WEST AVE BURLINGTON,IA52601	NONE		DREAMCATCHERS	1,000
STEAMBOAT SENIOR CENTER JEFFERSON ST BURLINGTON,IA52601	NONE		DONATION	3,000
MAKE A WISH WASHINGTON ST BURLINGTON,IA52601	NONE		DONATION	3,000
CITY OF BURLINGTON - SUMMER BAND WASHINGTON ST BUTRLINGTON,IA52601	NONE		DONATION	1,200
REBECCA GALL 2109 MASON RD BURLINGTON,IA52601	NONE		SCHOLARSHIP	1,250
BILLIE MUNSON 432 MAY AVE BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
JESSICA DOW 1203 PLANK ST BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
BAILEY BECKMAN 10757 220TH AVE DANVILLE,IA52623	NONE		SCHOLARSHIP	2,500
MADISON MUNOZ-BRICKER 306 PRAIRIE WEST BURLINGTON,IA52655	NONE		SCHOLARSHIP	2,500
ALI WHISENANT 2622 FLORENCE AVE BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
JULIA BROCKWAY 1011 S STARR BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
TAYLOR JOHNSON-PATTON 809 SWEENEY AVE BURLINGTON,IA52601	NONE		SCHOLARSHIP	2,500
DES MOINES COUNTY HERITAGE CENTER 4TH ST BURLINGTON,IA52601	NONE		ROOF	3,000
Total ................................. 3a				61,000

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aROOM AND BOARD FOR ELDERLY					65,519
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	229,300
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	14,351	3,502
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)..				243,651	69,021

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

312,672

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	THE ORGANIZATION OPERATES A RETIREMENT HOME FOR THE CARE
1A	COMFORT AND MAINTENANCE OF THE ELDERLY, AND COLLECTS ROOM
1A	AND BOARD FROM RESIDENTS AS A PARTIAL OFFSET TO THE
1A	FACILITY'S OPERATING EXPENSES

Form 990-PF (2018)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

Yes

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1a(1)	446,760	KING'S DAUGHTERS HOME	THIS ENTITY SERVES A A 501(C)(2) TITLE HOLDING ENTITY FOR THE KINGS DAUGHTERS HOME FOR OLD PEOPLE. DURING THE YEAR, EXCESS CASH FUNDS ARE TRANSFERRED TO THE TRUST FOR INVESTMENT AND ALL INVESTMENT INCOME IS TRANSFERRED BACK TO THE HOME ON A QUARTERLY BASIS.

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTANT FEES	2,800	1,120	560	1,120

- TIN:

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

TY 2018 DepreciationSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
ELEVATOR	1990-08-16	19,143	19,143	S/L	10.0000
ELEVATOR MOTOR	1994-07-13	1,525	1,525	S/L	10.0000
TV	1992-11-12	891	891	S/L	10.0000
AMANA FREEZER	1994-10-11	662	662	S/L	10.0000
AMANA AIR CONDITIONER	1994-10-11	715	715	S/L	10.0000
CURIO TABLE	1995-06-14	481	481	S/L	10.0000
AIR CONDITIONER & FURNACE	1996-12-10	9,235	9,235	S/L	10.0000
APPLIANCES	1998-03-10	1,831	1,831	S/L	10.0000
ROCKING CHAIR	1999-06-09	86	86	S/L	10.0000
VACUUM	1999-08-10	532	532	S/L	10.0000
CLOTHES DRYER	2003-03-11	364	347	S/L	10.0000
MAYTAG REFRIGERATOR	2005-08-01	1,182	1,182	S/L	10.0000
REFINISHING FURNITURE	2006-08-17	3,786	3,786	S/L	7.0000
MAYTAG DISHWASHER	2006-09-12	576	576	S/L	7.0000
CROSLEY 20 CU FT FREEZER	2007-11-13	760	760	S/L	7.0000
RANGE	2008-02-12	434	341	S/L	7.0000
FLAT SCREEN TV	2008-02-12	1,567	1,232	S/L	7.0000
REFRIGERATOR	2008-09-09	535	535	200DB	7.0000
FAUCET & VANITY CABINET	2008-12-22	509	509	200DB	7.0000
FREEZER	2009-06-20	1,308	1,308	200DB	7.0000
DISHWASHER	2009-09-08	567	567	200DB	7.0000
COMPUTER SYSTEM	2011-01-11	762	762	200DB	5.0000
REMODELING IMPRVMNT	1990-06-30	28,083	28,083	S/L	15.0000
REMODELING	1991-09-11	3,144	3,144	S/L	15.0000
ELECTRICAL WORK	1992-04-17	4,922	4,922	S/L	15.0000
ASPHALT DRIVEWAY	1993-05-13	1,600	1,600	S/L	15.0000
REMODELING	1992-08-13	871	871	S/L	15.0000
CARPET	1992-10-14	398	398	S/L	15.0000
REMODELING	1992-12-23	7,300	7,300	S/L	15.0000
REMODELING	1993-02-12	9,916	9,916	S/L	15.0000
WIRING	1993-02-12	316	316	S/L	15.0000
PLUMBING	1993-03-12	3,890	3,890	S/L	15.0000
CARPET	1993-03-10	793	793	S/L	15.0000
WIRING	1993-03-10	3,342	3,342	S/L	15.0000
REMODELING	1992-10-14	1,829	1,829	S/L	15.0000
ROOF	1994-09-14	12,330	12,330	S/L	15.0000
2ND STORY BATHROOM	2009-12-09	1,083	690	150DB	15.0000	60	60
INTERIOR REMODELING	1996-07-29	19,935	19,935	S/L	15.0000
CARPET	1996-12-18	1,957	1,957	S/L	15.0000
KITCHEN REMODEL	1997-12-09	20,379	20,379	S/L	15.0000
CARPET	1998-03-03	2,049	2,049	S/L	15.0000
INTERIOR REMODELING	1997-04-08	10,517	10,517	S/L	15.0000
HANDRAIL	1997-05-13	4,233	4,233	S/L	15.0000
REMODEL	1998-12-08	1,950	1,950	S/L	15.0000
SIDEWALK	1999-04-13	1,225	1,225	S/L	15.0000
NEW SIGN	1999-06-11	60	60	S/L	15.0000
ENTRY DOOR/GARAGE	1999-07-13	374	374	S/L	15.0000
CEILING FANS	1999-07-13	254	254	S/L	15.0000
CEILING FANS	1999-08-10	1,285	1,285	S/L	15.0000
CARPET	1999-08-19	2,000	2,000	S/L	15.0000
WINDOW	1999-10-12	259	259	S/L	15.0000
CARPET	1999-11-09	446	446	S/L	15.0000
DEPOSIT ON PORCH	2000-01-12	600	600	S/L	15.0000
GARAGE DOOR W/ OPENER	2000-01-12	918	918	S/L	15.0000
CONCRETE	2000-02-08	1,975	1,975	S/L	15.0000
STORM WINDOWS	2000-05-09	2,948	2,948	S/L	15.0000
STORM DOORS	2000-06-14	494	494	S/L	15.0000
SERVICE TO 2ND FLOOR	2001-01-10	432	432	S/L	15.0000
LANDSCAPING	2001-05-09	2,354	2,354	S/L	15.0000
CARPET RM 11	2004-06-08	450	303	S/L	15.0000	15	15
RE ROOF HOUSE/GARAGE	2004-07-09	16,650	11,206	S/L	15.0000	555	555
BASEMENT REMODEL - BEAUTY SHOP	2004-05-12	11,065	7,449	S/L	15.0000	369	369
REMODEL/RECONSTRUCTION	2006-05-31	27,769	21,290	S/L	15.0000	1,851	1,851
HEAT & SMOKE DETECTORS	2006-04-26	7,920	6,072	S/L	15.0000	528	528
CARPETING	2006-05-03	3,887	2,980	S/L	15.0000	259	259
WATER HEATER	2006-05-09	3,591	2,753	S/L	15.0000	240	240
CONCRETE WORK; WALL SIDEWALK DRIVEWAY	2007-06-04	5,930	4,150	S/L	15.0000	396	396
BOILER	2007-10-09	11,997	8,398	S/L	15.0000	799	799
PARKING BLOCKS	2007-12-06	450	315	S/L	15.0000	30	30
SOUTH SIDE BATH REMODEL	2008-06-10	14,703	14,703	200DB	7.0000
WEST WALL CONSTRUCTION	2008-06-10	907	907	200DB	7.0000
BIDET	2008-06-19	551	551	200DB	7.0000
CARPETING	2008-08-12	1,320	1,320	200DB	7.0000
ARBOR	2009-06-09	270	172	150DB	15.0000	15	15
REPLACEMENT SIDEWALK	2009-12-08	350	223	150DB	15.0000	20	20
POOL REPAIRS	2010-05-14	8,000	4,519	150DB	15.0000	464	464
ASPHALT DRIVEWAY	2010-05-11	8,755	4,946	150DB	15.0000	508	508
FLAG POLE & LIGHTING	2010-11-09	1,202	1,202	200DB	7.0000
ELEVATOR REPAIR	2012-03-14	5,083	3,092	S/L	10.0000	508	508
FURNITURE	2011-10-11	1,619	1,547	200DB	7.0000	72	72
KITCHEN & BAHROOM WINDOWS	2012-03-14	2,851	442	S/L	39.0000	73	73
2ND FLR BATHROOM	2012-04-11	23,715	3,623	S/L	39.0000	608	608
PORCH / DECK	2012-08-16	16,667	2,404	S/L	39.0000	427	427
COUNTER TOP STOVE/OVEN	2013-11-01	2,766	2,457	200DB	7.0000	124	124
MICROWAVE	2013-11-01	281	250	200DB	7.0000	12	12
TABLE & CHAIRS	2013-11-01	1,200	1,066	200DB	7.0000	54	54
KITCHEN REMODEL	2013-12-01	18,850	2,074	S/L	39.0000	484	484
BUILDING IMPROVEMENTS	2016-09-30	90,387	3,573	S/L	39.0000	2,318	2,318
BUILDING IMPROVEMENTS	2017-09-30	9,565	133	S/L	39.0000	245	245
BUILDING IMPROVEMENT	2018-09-30	76,562		S/L	39.0000	1,063	1,063
FURNITURE	2018-09-30	13,090		200DB	7.0000	1,870	1,870
LANDSCAPING	2018-09-30	5,992		150DB	15.0000	300	300

- TIN:

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

TY 2018 GainLossSaleOtherAssetsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
AB INBEV	2014-07	PURCHASE	2018-04	100,000	100,385	-385
EXPRESS SCRIPTS	2014-08	PURCHASE	2018-07	41,129	37,178	3,951
GNMA POOL	2003-12	PURCHASE	2018-07	319	360	-41
GARRETT MOTION	2017-07	PURCHASE	2018-10	441	452	-11
GE CAPITAL	2014-02	PURCHASE	2019-01	50,000	50,149	-149
HOME DEPOT 2.25%	2014-07	PURCHASE	2018-09	100,000	100,581	-581
ISHARES	2009-07	PURCHASE	2019-01	27,560	29,151	-1,591
NEUBERGER	2014-11	PURCHASE	2019-03	152,575	159,536	-6,961
ORACLE	2012-10	PURCHASE	2019-01	38,065	30,788	7,277
PHILLIPMORRIS	2014-06	PURCHASE	2019-01	34,575	43,000	-8,425
RESIDEO	2017-07	PURCHASE	2018-11	801	910	-109
SPDR - CONSUMER DISC	2009-07	PURCHASE	2019-01	20,828	10,206	10,622
WALMART	2014-07	PURCHASE	2018-12	100,000	100,095	-95

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBOTT	75,160	74,658
AFLAC	77,908	77,742
ANHEUSER BUSCH
APPLE	100,087	99,951
APPLE	152,608	152,666
AT&T	102,915	102,555
BERKSHIRE HATHAWAY	102,649	101,658
BN SANTA FE	56,311	55,664
BRISTOL MYERS SQUIBB	50,174	49,782
COCA COLA	50,000	49,696
COMCAST	51,501	51,467
DEERE	75,044	74,960
EMC CORP	50,173	49,623
GE CAPITAL CORP
HD
IBM	102,982	102,004
INTEL	101,480	101,905
JOHN DEERE CAPITAL	103,041	102,206
JP MORGAN CHASE	49,406	49,420
LEHMAN BROTHERS HOLDING	29,841
MORGAN STANLEY 3.875%	50,998	51,123
ORACLE	103,256	101,761
PHILLIP MORRIS	50,328	50,266
RAYTHEON	101,394	100,750
TARGET	100,181	99,892
TARGET	47,500	48,625
TOYOTA	146,934	147,055
WALMART
WELLS FARGO	48,432	48,854

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADOBE	29,226	53,298
ALLSTATE	20,667	28,254
ALPHABET INC	38,252	82,382
AMAZON	38,011	89,037
APPLE	47,275	85,477
BARON EMER MKTS	179,766	201,569
BERKSHIRE HATHAWAY CLASS B	42,208	80,356
BIOGEN	35,445	29,547
BLACKROCK	50,950	59,832
BOOKING HOLDINGS	25,243	43,623
CERNER	25,721	25,745
CHEVRON	23,571	24,636
CITIGROUP	55,671	68,442
CONOCOPHILLIPS	40,158	33,370
DELAWARE SMALL CAP	90,000	94,739
ETF VANGUARD REIT	148,900	173,820
EXPRESS SCRIPTS
GATEWAY FUND	150,000	170,508
GE	27,195	9,990
GENERAL DYNAMICS	24,148	42,320
HALLIBURTON	14,600	8,057
HARDING LOEVNER	170,000	171,593
HASBRO	40,048	40,384
HONEYWELL	36,133	43,703
ISHARES DJ US TELCOM
ISHARES EAFE	254,930	246,468
ISHARES S&P 600	220,824	308,600
ISHARES TR S&P MIDCAP	401,755	568,200
JOHNSON & JOHNSON	57,530	83,874
LAZARD	170,000	159,409
LOWES	22,371	65,682
MCKESSON	34,030	23,412
MEDTRONIC	40,021	63,756
MICROSOFT	25,422	29,485
OPPENHEIMER DEV MKTS	168,347	178,733
ORACLE
PAYPAL	16,031	51,920
PEPSICO	27,800	41,667
PHILLIPMORRIS
PROCTOR & GAMBLE	35,411	41,620
SOUTHERN CO	9,882	10,336
SPDR CONSUMER STAPLES	26,104	33,666
SPDR TR CONSUMER DISCRETIONARY	20,412	45,540
SPDR TR ENERGY	54,168	39,672
SPDR TR INDUSTRIAL	20,589	37,515
SPDR TR MATERIALS	28,812	33,300
SPDR TR TECHNOLOGY	36,271	74,000
SPDR TR UTILITIES	43,055	58,170
STARBUCKS	32,682	52,038
STRYKER	26,167	29,628
TEMPLETON FOREIGN	170,000	154,028
UNION PACIFIC	27,678	50,160
US BANCORP	36,199	48,190
VANGUARD MSCI EMERGING	153,109	144,500
VERIZON	26,109	26,609
VISA	32,324	62,476
WESTINGHOUSE AIRBRAKE	366	369
ZOETIS	21,189	25,168

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

US Government Securities - End of Year Book Value:

3,494

US Government Securities - End of Year Fair Market Value:

3,669

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

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

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BAIRD	AT COST	170,000	169,815
COLUMCIA	AT COST	200,000	195,222
MISCELLANEOUS	AT COST	3	3
NEUBERGER BERMAN	AT COST
OPPENHEIMER	AT COST	519,530	490,969
RIVERNORTH	AT COST	240,000	229,341
STERLING CAPITAL	AT COST	160,000	156,207
TEMPLETON GLBAL INCOME	AT COST	268,913	233,124
VANGUARD S/T TIPS	AT COST	262,000	262,861
VANGUARD GNMA	AT COST	150,000	151,313

- TIN:

TY 2018 LandEtcSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
EQUIPMENT	598,307	331,460	266,847

- TIN:

TY 2018 LegalFeesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT LEGAL FEES	830	332	166	332

- TIN:

TY 2018 OtherExpensesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
UTILITIES	18,515	7,406	6,480	4,629
GROCERIES	9,475	3,790	3,316	2,369
INSURANCE	21,949	8,779	7,682	5,488
MISCELLANEOUS	16,367	6,547	5,728	4,092
CONTRACT LABOR	7,363	2,945	2,577	1,841
REPAIRS AND MAINTENANCE	24,971	9,989	8,739	6,243
SUPPLIES	12,646	5,058	4,426	3,162
LAWN CARE	4,632	1,853	1,621	1,158
TRASH	99	40	34	25
PEST CONTROL	150	60	52	38
PAYROLL PREP FEES	2,854	1,142	998	714
ADVERTISING	565	226	197	142

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROOM AND BOARD FOR ELDERLY	65,519		65,519

- TIN:

TY 2018 TaxesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXCISE TAX	267	107	93	67