Form990-PF

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
THE SILK FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1613 CHELSEA ROAD RM/STE 267
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN MARINO, CA91108
A Employer identification number

20-3997071
B Telephone number (see instructions)

(310) 562-9100
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$7,065,382J 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) 1,619
2 Check bullet.............
3 Interest on savings and temporary cash investments 20,153 20,153  
4 Dividends and interest from securities... 121,813 121,813  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 845,746
b Gross sales price for all assets on line 6a 2,952,178
7 Capital gain net income (from Part IV, line 2)... 845,746
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........ 989,331 987,712  
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)....... Click to see attachment 1,459 1,459    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 24,617 2,664    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52,935 52,935    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,011 57,058   0
25 Contributions, gifts, grants paid....... 847,375 847,375
26 Total expenses and disbursements. Add lines 24 and 25 926,386 57,058   847,375
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 62,945
b Net investment income (if negative, enter -0-) 930,654
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 436,921 127,588 127,588
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)....... 4,876,035 Click to see attachment5,244,407 6,377,570
c Investments—corporate bonds (attach schedule)....... 556,574 Click to see attachment554,292 557,514
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) Click to see attachment2,022 Click to see attachment2,710 Click to see attachment2,710
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,871,552 5,928,997 7,065,382
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,871,552 5,928,997
30 Total net assets or fund balances (see instructions)..... 5,871,552 5,928,997
31 Total liabilities and net assets/fund balances (see instructions). 5,871,552 5,928,997
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
5,871,552
2
Enter amount from Part I, line 27a .....................
2
62,945
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
5,934,497
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,500
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,928,997
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a AMAZON INC. P 2017-12-01 2018-03-27
b ULTA SALON COSMETICS P 2017-06-23 2018-01-30
c BROADCOM INC. P 2017-08-29 2018-12-13
d PAYPAL HOLDINGS INC. P 2005-03-28 2018-02-13
e CENTENE CORP. P 2018-03-13 2018-12-27
VISA INC. P 2018-03-13 2018-11-26
CELGENE CORP. P 2011-12-19 2018-09-12
PIMCO EMERGING LOCAL BOND P 2016-03-21 2018-10-16
COCA COLA CO. P 2018-07-17 2018-12-13
WABCO HOLDINGS INC. P 2018-03-13 2018-10-09
CENTENE CORP. P 2016-09-21 2018-12-27
SPDR DJ WILSHIRE INTL. P 2010-03-09 2018-08-24
DEXCOM INC. P 2018-09-12 2018-12-13
ALLERGAN PLC P 2017-11-30 2018-03-27
CONSTELLATION BRANDS INC. P 2014-12-29 2018-12-13
SALESFORCE INC. P 2016-12-12 2018-12-13
FORTIVE CORP. P 2018-05-08 2018-12-13
JAZZ PHARMACEUTICALS P 2018-03-13 2018-12-13
WALT DISNEY CO. P 2006-06-12 2018-11-26
SMITH CORP. P 2017-08-24 2018-11-26
ESTEE LAUDER COMPANIES INC. P 2018-03-13 2018-05-08
NORWEGIAN CRUISE LINE HOLDINGS P 2018-03-13 2018-10-09
FACEBOOK INC. P 2016-03-23 2018-03-13
STARBUCKS CORP. P 2010-12-01 2018-04-30
MIDDLEBY CORP. P 2018-03-13 2018-07-12
ALEXION PHARMACEUTICALS INC. P 2013-12-02 2018-03-27
HALLIBURTON CO. P 2017-03-08 2018-09-12
TEMPLETON GLOBAL BOND P 2006-03-09 2018-10-16
MORGAN STANLEY P 2017-12-26 2018-10-09
ALIGN TECHNOLOGY INC. P 2015-08-03 2018-12-13
HOME DEPOT INC. P 2016-01-06 2018-12-13
VANGUARD SECTOR INDEX FUNDS P 2013-01-04 2018-03-19
NETFLIX INC. P 2018-08-21 2018-12-13
ALPHABET INC. P 2013-04-19 2018-12-13
ISHARES TR RUSSELL MIDCAP INDEX FUND P 2014-05-16 2018-03-19
VISA INC. P 2013-11-19 2018-12-13
NEWELL RUBBERMAID INC. P 2017-03-08 2018-01-30
AMAZON INC. P 2015-03-25 2018-12-13
ESTEE LAUDER COMPANIES INC. P 2016-12-12 2018-12-13
WABCO HOLDINGS INC. P 2016-05-31 2018-12-27
PPG INDUSTRIES INC. P 2018-01-30 2018-11-26
APPLE COMPUTER INC. P 2014-06-16 2018-12-13
NETFLIX INC. P 2017-06-05 2018-12-13
XPO LOGISTICS INC. P 2017-11-30 2018-12-13
PRA HEALTH SCIENCES INC. P 2018-01-30 2018-12-31
ABERDEEN GLOBAL HIGH INCOME P 2012-06-14 2018-02-20
O'REILLY AUTOMOTIVE INC. P 2016-08-12 2018-10-09
ALLERGAN PLC P 2016-09-21 2018-03-27
PIMCO EMERGING LOCAL BOND P 2018-03-26 2018-10-16
BLUE BUFFALO PET PRODUCTS P 2017-03-08 2018-03-13
PIMCO FOREIGN BOND FUND P 2013-12-04 2018-08-24
APPLE COMPUTER INC. P 2014-06-16 2018-12-13
SPDR DJ WILSHIRE INTL. P 2018-03-19 2018-08-24
BOEING COMPANY P 2014-02-04 2018-03-13
PPG INDUSTRIES INC. P 2014-08-26 2018-11-26
TRACTOR SUPPLY CO. P 2018-03-13 2018-12-13
BOSTON SCIENTIFIC CORP. P 2016-05-13 2018-12-13
PALO ALTO NETWORKS INC. P 2016-01-08 2018-07-17
(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 12,490   9,382 3,108
b 22,524   28,515 -5,991
c 25,484   24,281 1,203
d 75,415   21,961 53,454
e 22,332   20,309 2,023
23,758   21,647 2,111
38,970   14,232 24,738
138,819   145,059 -6,240
14,808   13,607 1,201
17,388   21,132 -3,744
20,096   10,206 9,890
29,344   26,455 2,889
15,273   18,258 -2,985
35,360   40,736 -5,376
49,419   26,210 23,209
31,585   15,807 15,778
14,023   14,809 -786
21,060   22,790 -1,730
108,331   28,318 80,013
27,675   32,439 -4,764
20,403   21,802 -1,399
18,977   19,873 -896
323,509   151,901 171,608
35,795   9,767 26,028
25,431   33,263 -7,832
16,621   19,735 -3,114
26,831   35,638 -8,807
42,898   37,647 5,251
32,376   36,642 -4,266
16,190   4,689 11,501
48,980   31,001 17,979
141,440   73,386 68,054
6,837   8,429 -1,592
53,254   19,483 33,771
77,864   56,526 21,338
40,857   14,869 25,988
39,467   63,558 -24,091
111,061   25,701 85,360
42,454   22,279 20,175
12,977   13,619 -642
19,678   20,818 -1,140
97,633   12,127 85,506
13,674   8,251 5,423
13,155   19,869 -6,714
22,991   20,781 2,210
67,750   75,096 -7,346
51,816   41,855 9,961
20,274   29,674 -9,400
83,822   99,589 -15,767
38,826   23,727 15,099
101,221   99,772 1,449
4,273   1,777 2,496
246,489   250,488 -3,999
151,919   54,350 97,569
37,610   35,042 2,568
29,961   20,413 9,548
24,305   14,339 9,966
32,430   22,503 9,927
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,108
b       -5,991
c       1,203
d       53,454
e       2,023
      2,111
      24,738
      -6,240
      1,201
      -3,744
      9,890
      2,889
      -2,985
      -5,376
      23,209
      15,778
      -786
      -1,730
      80,013
      -4,764
      -1,399
      -896
      171,608
      26,028
      -7,832
      -3,114
      -8,807
      5,251
      -4,266
      11,501
      17,979
      68,054
      -1,592
      33,771
      21,338
      25,988
      -24,091
      85,360
      20,175
      -642
      -1,140
      85,506
      5,423
      -6,714
      2,210
      -7,346
      9,961
      -9,400
      -15,767
      15,099
      1,449
      2,496
      -3,999
      97,569
      2,568
      9,548
      9,966
      9,927
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 2 845,746
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 -61,393
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 612,650 7,057,794 0.086805
2016 700,191 5,809,285 0.120530
2015 574,732 5,151,196 0.111573
2014 355,650 5,080,282 0.070006
2013 453,508 3,987,809 0.113724
2
Total of line 1, column (d) .....................
2
0.502638
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
0.100528
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,962,385
5
Multiply line 4 by line 3......................
5
800,443
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,307
7
Add lines 5 and 6........................
7
809,750
8
Enter qualifying distributions from Part XII, line 4,.............
8
847,375
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 9,307
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 9,307
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 9,307
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 12,500
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 12,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 159
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,034
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,034 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
 
 
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 ofbulletSTEPHEN SILK Telephone no.bullet (310) 562-9100

    Located atbullet1613 CHELSEA ROADSAN MARINOCA ZIP+4bullet91108
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    STEPHEN SILK PRES/TRUSTEE
    0.10     		0 0 0
    1272 SHERWOOD ROAD
    SAN MARINO,CA91108
    SUSAN SILK TRUSTEE
    0.10     		0 0 0
    1272 SHERWOOD ROAD
    SAN MARINO,CA91108
    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 N/A  
    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
    7,743,125
    b
    Average of monthly cash balances.......................
    1b
    340,515
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,083,640
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,083,640
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    121,255
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,962,385
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    398,119
    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
    398,119
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,307
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    388,812
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    388,812
    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
    388,812
    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
    847,375
    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
    847,375
    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
    9,307
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    838,068
    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 7 388,812
    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...... 259,444
    b From 2014...... 119,559
    c From 2015...... 323,708
    d From 2016...... 422,225
    e From 2017...... 272,248
    fTotal of lines 3a through e........ 1,397,184
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 847,375
    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..... 388,812
    e Remaining amount distributed out of corpus 458,563
    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 1,855,747
    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) ...     		259,444
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,596,303
    10 Analysis of line 9:
    a Excess from 2014.... 119,559
    b Excess from 2015.... 323,708
    c Excess from 2016.... 422,225
    d Excess from 2017.... 272,248
    e Excess from 2018.... 458,563
    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).)
    STEPHEN SILK
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    LAND OF THE FREE FOUNDATION
    ONE INDUSTRY HILLS PKWY
    INDUSTRY,CA91744     		NONE 501(C)(3) GENERAL 25,000
    SAN MARINO SCHOOL FOUNDATION
    1665 WEST DR
    SAN MARINO,CA91108     		NONE 501(C)(3) GENERAL 10,000
    SOUTH PASADENA SAN MARINO YMCA
    1605 GARFIELD AVE
    SOUTH PASADENA,CA91030     		NONE 501(C)(3) GENERAL 127,750
    HARLEM VILLAGE ACADEMIES
    35 W 124TH STREET
    NEW YORK,NY10027     		NONE 501(C)(3) GENERAL 60,000
    SAN MARINO COMMUNITY CHURCH
    1750 VIRGINIA RD
    SAN MARINO,CA91108     		NONE 501(C)(3) GENERAL 20,125
    MARCH TO THE TOP AFRICA
    23838 PACIFIC COAST HWY
    SUITE 953
    MALIBU,CA90265     		NONE 501(C)(3) GENERAL 15,000
    ABILITY FIRST
    1300 E GREEN STREET
    PASADENA,CA91106     		NONE 501(C)(3) GENERAL 2,000
    THE HELP GROUP
    13130 BURBANK BLVD
    SHERMAN OAKS,CA91401     		NONE 501(C)(3) GENERAL 10,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    5150 W GOLDLEAF CIRCLE
    SUITE 400
    LOS ANGELES,CA90056     		NONE 501(C)(3) GENERAL 12,500
    USC ATHLETICS
    UNIVERSITY OF SC
    LOS ANGELES,CA90089     		NONE 501(C)3 GENERAL 142,000
    BOY SCOUTS OF AMERICA - GREATER LA
    2333 SCOUT WAY
    LOS ANGELES,CA90026     		NONE 501(C)3 GENERAL 10,500
    ULI FOUNDATION
    2001 L STREET NW
    SUITE 200
    WASHINGTON,DC20036     		NONE 501(C)3 GENERAL 1,000
    THE JEWISH FEDERATION
    25 BROADWAY 17TH FLOOR
    NEW YORK,NY10004     		NONE 501(C)3 GENERAL 25,000
    MEN'S GUILD OF CHILDREN'S HOSPITAL
    4650 SUNSET BLVD
    LOS ANGELES,CA90027     		NONE 501(C)3 GENERAL 55,000
    NAVY SEAL FOUNDATION
    1619 D STREET
    VIRGINIA BEACH,VA23459     		NONE 501(C)3 GENERAL 20,000
    MUSCULAR DYSTROPHY ASSOCIATION
    222 S RIVERSIDE PLAZA
    SUITE 1500
    CHICAGO,IL60606     		NONE 501(C)3 GENERAL 1,000
    MAKE-A-WISH GREATER LA
    11390 OLYMPIC BLVD
    SUITE 300
    LOS ANGELES,CA90064     		NONE 501(C)3 GENERAL 1,000
    LUPUS RESEARCH ALLIANCE
    275 MADISON AVENUE
    10TH FLOOR
    NEW YORK,NY10016     		NONE 501(C)3 GENERAL 15,000
    SAN MARINO JUNIOR ALLIANCE
    1501 SAN MARINO AVENUE
    SAN MARINO,CA91108     		NONE 501(C)3 GENERAL 600
    HUNTINGTON MEDICAL RESEARCH INST
    686 S FAIR OAKS AVE
    PASADENA,CA91105     		NONE 501(C)3 GENERAL 10,000
    DELTA GAMMA ALPHA NU
    639 W 28TH ST
    LOS ANGELES,CA90007     		NONE 501(C)3 GENERAL 5,000
    TOBERMAN NEIGHBORHOOD CENTER
    131 N GRAND AVE
    SAN PEDRO,CA90731     		NONE 501(C)3 GENERAL 5,000
    THANC FOUNDATION
    10 UNION SQUARE E
    NEW YORK,NY10003     		NONE 501(C)3 GENERAL 1,000
    LOMA LINDA UNIVERSITY CHILDREN'S
    11234 ANDERSON ST
    LOMA LINDA,CA92354     		NONE 501(C)3 GENERAL 2,500
    USC ALUMNI ASSOCIATION
    3607 TROUSDALE PARKWAY
    305
    LOS ANGELES,CA900893106     		NONE 501(C)3 GENERAL 6,500
    CANCER SUPPORT COMMUNITY
    734 15TH STREET NW
    SUITE 300
    WASHINGTON,DC20005     		NONE 501(C)3 GENERAL 11,000
    GREATER LA ZOO ASSOCIATION
    5333 ZOO DRIVE
    LOS ANGELES,CA900271498     		NONE 501(C)3 GENERAL 500
    MIRACLES FOR KIDS
    3002 DOW AVE 126
    TUSTIN,CA92780     		NONE 501(C)3 GENERAL 5,000
    LA CASA COMMUNITY CENTER
    203 E MISSION ROAD
    SAN GABRIEL,CA91776     		NONE 501(C)3 GENERAL 500
    826 VALENCIA
    826 VALENCIA STREET
    SAN FRANCISCO,CA94110     		NONE 501(C)3 GENERAL 4,800
    1814 SOCIETY ARMY HISTORICAL FOUND
    2425 WILSON BLVD
    ARLINGTON,VA22201     		NONE 501(C)3 GENERAL 1,000
    YOUNG LIFE
    PO BOX 520
    COLORADO SPRINGS,CO809010520     		NONE 501(C)3 GENERAL 5,000
    CHALLENGED ATHLETES FOUNDATION
    9591 WAPLES ST
    SAN DIEGO,CA92121     		NONE 501(C)3 GENERAL 10,000
    CITY YEAR
    287 COLUMBUS AVE
    BOSTON,MA02116     		NONE 501(C)3 GENERAL 10,000
    ALS THERAPY DEVELOPMENT INSTITUTE
    300 TECHNOLOGY SQUARE
    SUITE 400
    CAMBRIDGE,MA02139     		NONE 501(C)3 GENERAL 1,000
    MISSOURI WESTERN STATE UNIVERSITY
    4525 DOWNS DRIVE
    ST JOSEPH,MO64507     		NONE 501(C)3 GENERAL 7,500
    THE HOUSE FUND ASSOCIATION OF GAMMA
    PO BOX 12465
    NEWPORT BEACH,CA92658     		NONE 501(C)3 GENERAL 100
    PEDIATRIC THERAPY NETWORK
    1815 213TH STREET
    TORRANCE,CA90501     		NONE 501(C)3 GENERAL 10,000
    META FOUNDATION
    8025 MELROSE AVE
    LOS ANGELES,CA90046     		NONE 501(C)3 GENERAL 10,000
    THE RAPE FOUNDATION
    1223 WILSHIRE BLVD
    SUITE 410
    SANTA MONICA,CA90403     		NONE 501(C)3 GENERAL 5,000
    UCLA FOUNDATION
    10920 WILSHIRE BLVD
    SUITE 900
    LOS ANGELES,CA90024     		NONE 501(C)3 GENERAL 34,000
    SACRED HEART PARISH SCHOOL
    706 C AVENUE
    CORNADO,CA92118     		NONE 501(C)3 GENERAL 250
    CITY OF HOPE
    1500 EAST DUARTE ROAD
    DUARTE,CA91010     		NONE 501(C)3 GENERAL 5,000
    THE METROPOLITAN MUSEUM OF ART
    1000 5TH AVENUE
    NEW YORK,NY10028     		NONE 501(C)3 GENERAL 20,000
    LOS ANGELES TEAM MENTORING
    145 S SPRING ST 725
    LOS ANGELES,CA90012     		NONE 501(C)3 GENERAL 6,250
    USC GOOD NEIGHBORS CAMPAIGN
    UNIVERSITY PARK CAMPUS
    ADM 160 MC 4017
    LOS ANGELES,CA900894017     		NONE 501(C)3 GENERAL 1,000
    PROJECT LYME FOUNDATION
    229 E 85TH ST 38
    NEW YORK,NY10028     		NONE 501(C)3 GENERAL 10,000
    UNION RESCUE MISSION
    545 S SAN PEDRO ST
    LOS ANGELES,CA90013     		NONE 501(C)3 GENERAL 100,000
    DISMAS OF VERMONT
    103 E ALLEN ST
    WINOOSKI,VT05404     		NONE 501(C)3 GENERAL 5,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD
    UNIT 510
    NEWPORT BEACH,CA92660     		NONE 501(C)3 GENERAL 1,000
    Total .................................bullet 3a 847,375
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 20,153  
    4 Dividends and interest from securities....     14 121,813  
    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 ............     		    26 845,746  
    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)..   987,712  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    987,712
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,459 1,459    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERIPRISE FINANCIAL INC. 100,981 102,862
    DEERE & COMPANY 49,728 50,535
    NOVARTIS CAPITAL CORP. 102,236 102,168
    TARGET CORP. 100,091 99,677
    TOTAL CAPITAL INTL. SA 100,421 101,986
    TOYOTA MOTOR CREDIT CORP. 100,835 100,286

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMAZON.COM 38,656 187,746
    PRICELINE.COM 19,793 51,673
    STARBUCKS CORP    
    TRACTOR SUPPLY 6,795 47,978
    ULTA BEAUTY, INC. 53,614 55,089
    COCA COLA CO. 41,954 43,799
    WALT DISNEY CO.    
    ESTE LAUDER 9,863 24,069
    JAZZ PHARMACETICALS 43,970 46,485
    NORWEGIAN CRUISE LINE HOLDINGS 48,505 43,450
    MONSTER BEVERAGE CORP. 12,796 39,376
    CONCHO RESOURCES INC. 32,960 30,837
    HALLIBURTON CO.    
    BERKSHIRE HATHEWAY 88,310 306,000
    INTERCONTINENTAL EXCHANGE INC 8,210 45,198
    MORGAN STANLEY 39,960 35,685
    S&P GLOBAL INC. 22,540 42,485
    ALEXION PHARMACEUTICALS 44,820 36,510
    ALIGN TECHNOLOGY, INC. 7,815 26,179
    BOSTON SCIENTIFIC CORP. 31,138 57,428
    CELGENE CORP COM    
    CENTENE CORP. 20,765 40,355
    DANAHER CORP 12,405 36,092
    DEXCOM INC. 27,731 23,960
    PRA HEALTH SCIENCES, INC. 39,191 39,083
    VERTEX PHARMACEUTICALS INC. 45,198 45,570
    BOEING CO. 23,590 24,188
    FORTIVE CORP. 24,623 36,333
    FORTUNE BRANDS HOME & SECURITY 31,826 30,392
    MIDDLEBY CORP. 64,122 56,502
    SMITH A O CORP.    
    TRANSDIGM GROUP, INC. 42,841 68,012
    WABCO HOLDINGS INC. 26,952 26,835
    XPO LOGISTICS INC. 27,600 27,094
    ACTIVISION BLIZZARD INC. 32,954 30,271
    ALPHABET INC. CLASS C 53,566 155,342
    ACCENTURE LTD 11,230 42,303
    ALLERGAN PLC    
    BROADCOM LTD. 87,641 95,355
    APPLE INC. 109,593 134,079
    ARISTA NETWORKS INC. 48,331 42,140
    FACEBOOK, INC. 27,588 104,872
    MICROSOFT CORP 95,992 187,905
    NVIDIA CORP. 33,855 30,038
    PALO ALTO NETWORKS, INC. 45,312 56,505
    SALESFORCE INC. 22,681 54,788
    ULTIMATE SOFTWARE GROUP, INC. 42,079 48,974
    VANTIV, INC.    
    VISA INC. 27,729 79,164
    WORLDPLAY INC. 33,446 45,858
    ECOLAB INC. 9,909 36,838
    PPG INDUSTRIES INC.    
    ISHARES MSCI EAFE 524,392 473,179
    ISHARES CORE S&P MIDCAP 30,402 67,254
    ISHARES RUSSELL MID-CAP. ETF    
    VANGUARD SECTOR INDEX FUNDS    
    ISHARES MSCI EMERGING MARKETS IND FD 304,766 285,138
    PAYPAL HOLDINGS INC.    
    AQR MANAGED FUTURES STRATEGY FUND 350,000 299,310
    ROBECO BOSTON PARTNERS LONG/SHORT 310,000 295,285
    E-TRACS ALERIAN MLP INFRASTRUCTURE 200,191 181,884
    VANGUARD REAL ESTATE ETF 189,286 219,982
    VANGUARD SMALL CAP VIPER 269,251 323,376
    VANGUARD REIT VIPER    
    PRINCIPAL INVESTORS PREFERRED 285,705 306,125
    TEMPLETON GLOBAL BOND FUND - ADVISOR    
    DJ WILSHIRE INTERNATIONAL REAL EST.    
    HOME DEPOT 21,202 55,842
    NETFLIX INC. 28,508 46,841
    POOL CORPORATION 59,483 59,460
    NEWELL BRANDS, INC.    
    ABERDEEN GLOBAL HIGH INCOME    
    EATON VANCE FLOATING RATE FUND 65,000 62,553
    ISHARES IBOXX INVESTMENT 250,580 239,743
    PIMCO LOW DURATION FUND 200,000 198,161
    PUTNAM FLOATING RATE 223,142 203,821
    VANGUARD SHORT-TERM INVESTMENT GRADE 300,000 300,576
    PIMCO EMERGING LOCAL BOND FUND    
    PIMCO FOREIGN BOND FUND    
    BLUE BUFFALO PET PRODUCTS INC.    
    CONSTELLATION BRANDS INC. 12,050 40,205
    O'REILLY AUTOMOTIVE INC.    

    TY 2018 OtherAssetsSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE 2,022 2,710 2,710


    TY 2018 OtherDecreasesSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Description Amount
    OTHER BOOK/TAX 3,200
    NON-DIVIDEND DISTRIBUTIONS 2,300


    TY 2018 OtherExpensesSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    AGENCY FEES 50,661 50,661    
    BOND AMORTIZATION 2,274 2,274    


    TY 2018 TaxesSchedule
    Name:
    THE SILK FAMILY FOUNDATION
    EIN:
    20-3997071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,504 2,504    
    CA FILINGS FEES 160 160    
    FEDERAL TAXES 21,953