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 06-01-2018 , and ending 05-31-2019
Name of foundation
ETHEL S C SMITH NO 5 CHARITABLE TW
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

23-6648857
B Telephone number (see instructions)

(800) 352-3705
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$13,901,235J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 319,476 319,476  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 296,004
b Gross sales price for all assets on line 6a 1,681,061
7 Capital gain net income (from Part IV, line 2)... 296,004
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 968    
12 Total. Add lines 1 through 11........ 616,448 615,480  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 118,035 88,526   29,509
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,000 0 0 1,000
c Other professional fees (attach schedule).... Click to see attachment 35,061     35,061
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,403 8,403   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 20,236 36   20,200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 182,735 96,965 0 85,770
25 Contributions, gifts, grants paid....... 484,000 484,000
26 Total expenses and disbursements. Add lines 24 and 25 666,735 96,965 0 569,770
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -50,287
b Net investment income (if negative, enter -0-) 518,515
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,902 2,026 2,026
2 Savings and temporary cash investments......... 598,290 831,477 831,477
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 684,722    
b Investments—corporate stock (attach schedule)....... 7,911,853    
c Investments—corporate bonds (attach schedule)....... 2,210,160    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 100,000 Click to see attachment10,617,948 13,067,732
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,506,927 11,451,451 13,901,235
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........ 11,506,927 11,451,451
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)..... 11,506,927 11,451,451
31 Total liabilities and net assets/fund balances (see instructions). 11,506,927 11,451,451
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
11,506,927
2
Enter amount from Part I, line 27a .....................
2
-50,287
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,456,640
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,189
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
11,451,451
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 163.94 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-06-15
b 156.93 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-07-15
c 163.5 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-08-15
d 24705.204 DRIEHAUS ACTIVE INCOME FUND   2013-07-16 2018-09-12
e 158.18 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-09-15
165.63 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-10-15
1367.722 VANGUARD 500 INDEX FD- ADM #540   2015-02-11 2018-10-18
163.45 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-11-15
25000. TARGET CORP 2.300% 6/26/19   2017-04-05 2018-11-20
54000. US TREASURY NOTE 1.000% 3/15/19   2016-12-07 2018-11-20
571.59 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2018-12-15
155.89 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2019-01-15
30000. WESTPAC BANKING CORP 4.875% 11/19/19   2012-08-01 2019-02-06
166.26 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2019-02-15
166.03 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2019-03-15
15000. CAPITAL ONE FINANCIA 2.450% 4/24/19   2017-04-12 2019-03-25
20000. SHELL INTERNATIONAL 4.300% 9/22/19   2012-08-01 2019-04-09
826.94 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2019-04-15
12773.064 PIMCO FOREIGN BD FD USD H-INST #103   2006-12-28 2019-04-16
1267. SPDR DOW JONES REIT ETF   2013-07-16 2019-04-16
15000. BANK OF AMERICA CORP 2.625% 4/19/21   2016-09-22 2019-04-24
20000. UNITED TECHNOLOGIES 3.100% 6/01/22   2019-04-10 2019-04-24
13140.037 PAX WORLD SMALL CAP-INS #3068   2018-05-08 2019-05-02
14037.732 PAX WORLD SMALL CAP-INS #3068   2016-03-17 2019-05-02
149.77 FHLMC POOL #J15642 3.500% 6/01/26   2012-08-07 2019-05-15
30000. CATERPILLAR INC 1.350% 5/18/19   2016-08-02 2019-05-18
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 164   173 -9
b 157   166 -9
c 164   173 -9
d 240,629   259,779 -19,150
e 158   167 -9
166   175 -9
350,000   261,522 88,478
163   173 -10
24,868   25,333 -465
53,768   53,787 -19
572   604 -32
156   165 -9
30,467   33,668 -3,201
166   176 -10
166   175 -9
15,000   15,105 -105
20,133   23,705 -3,572
827   874 -47
138,843   129,655 9,188
124,188   109,406 14,782
14,976   15,302 -326
20,108   20,138 -30
185,932   213,000 -27,068
198,634   191,334 7,300
150   158 -8
30,000   30,144 -144
      230,506
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       -9
b       -9
c       -9
d       -19,150
e       -9
      -9
      88,478
      -10
      -465
      -19
      -32
      -9
      -3,201
      -10
      -9
      -105
      -3,572
      -47
      9,188
      14,782
      -326
      -30
      -27,068
      7,300
      -8
      -144
       
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 2 296,004
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 513,244 14,014,739 0.036622
2016 508,609 13,049,809 0.038974
2015 670,159 12,623,399 0.053089
2014 712,752 13,853,294 0.05145
2013 591,987 13,611,227 0.043493
2
Total of line 1, column (d) .....................
2
0.223628
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
0.044726
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
13,791,369
5
Multiply line 4 by line 3......................
5
616,833
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,185
7
Add lines 5 and 6........................
7
622,018
8
Enter qualifying distributions from Part XII, line 4,.............
8
569,770
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 10,370
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,370
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,370
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 392
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10,762
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (800) 352-3705

    Located atbullet1 W 4TH ST 6TH FLWINSTON SALEMNC ZIP+4bullet271013818
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    WELLS FARGO BANK NA TRUSTEE
    1     		118,035    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,400,504
    b
    Average of monthly cash balances.......................
    1b
    600,886
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,001,390
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    14,001,390
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    210,021
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,791,369
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    689,568
    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
    689,568
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,370
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,370
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    679,198
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    679,198
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    679,198
    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
    569,770
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    569,770
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    569,770
    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 7 679,198
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 290,060
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 569,770
    a Applied to 2017, but not more than line 2a 290,060
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 279,710
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		399,488
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WELLS FARGO
    One West 4th Street
    Winston Salem,NC27101
    (888) 234-1999
    bThe form in which applications should be submitted and information and materials they should include:
    www.wellsfargo.com/privatefoundationgrants/smith
    cAny submission deadlines:
    March 1 and Sept 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Grants are for SE Pennsylvania charities with an emphasis on those serving community needs in Delaware County for capital projects, operating expenses, & special programs.
    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
    HEADSTRONG FOUNDATION
    232 GREEN ST
    HOLMES,PA19043     		NONE PC GENERAL OPERATING 5,000
    MAIN LINE ART CENTER
    746 PANMURE ROAD
    HAVERFORD,PA19041     		NONE PC GENERAL OPERATING 5,000
    MARCUS HOOK PLANK LOG CABIN
    PO BOX 703
    MARCUS HOOK,PA19061     		NONE PC GENERAL OPERATING 4,000
    MATERNITY CARE COALITION
    2000 HAMILTON ST SUITE 205
    PHILADELPHIA,PA19130     		NONE PC GENERAL OPERATING 10,000
    JOSEPH J BARRETT SR MEMORIAL ALL-STAR
    GAME AND SCHOLARSHIP FUND
    PO BOX 83
    GLENOLDEN,PA19036     		NONE PC GENERAL OPERATING 2,000
    CRADLES TO CRAYONS
    POB 799
    WEST CONSHOHOCKEN,PA19428     		NONE PC EVERYDAY ESSENTIALS 7,000
    MUSCULAR DYSTROPHY ASSOCIATION
    161 N CLARK ST STE 3550
    CHICAGO,IL60603     		NONE PC GENERAL OPERATING 8,000
    THE SALVATION ARMY PHILADELPHIA
    701 N BROAD ST
    Philadelphia,PA19123     		NONE PC GENERAL OPERATING 10,000
    MEDIA ARTS COUNCIL
    609 B WEST STATE ST
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 5,000
    CHESTER FUND FOR EDUCATION & THE ART
    1500 HIGHLAND AVE
    CHESTER,PA19013     		NONE PC GENERAL OPERATING 30,000
    DELAWARE COUNTY VETERANS MEMORIAL
    ASSOCIATION IN NEWTOWN SQUARE
    109 CHESLEY DRIVE
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 10,000
    DREXEL NEUMANN ACADEMY
    1901 POTTER STREET
    CHESTER,PA19013     		NONE PC GENERAL OPERATING 13,000
    MINDING YOUR MIND
    124 SIBLEY AVE
    ARDMORE,PA19003     		NONE PC GENERAL OPERATING 5,000
    MAKE-A-WISH FOUNDATION OF PHILADELPHIA
    DELAWARE & SUSQUEHANNA VALLEY
    5 VALLEY SQ STE 210
    BLUE BELL,PA19422     		NONE PC GENERAL OPERATING 2,000
    CRADLE OF LIBERTY COUNCIL BOY SCOUTS OF
    AMERICA
    1485VALLEY FORGE RD
    WAYNE,PA19087     		NONE PC GENERAL OPERATING 5,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    ONE SOUTH BROAD STEET 14TH FLOOR
    PHILADELPHIA,PA19107     		NONE PC GENERAL OPERATING 5,000
    GIRL SCOUTS OF EASTERN PHILADELPHIA
    POB 27540
    PHILADELPHIA,PA19118     		NONE PC GENERAL OPERATING 5,000
    ST JOSEPH'S UNIVERSITY
    5600 CITY AVE
    PHILADELPHIA,PA19131     		NONE PC GENERAL OPERATING 10,000
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		NONE PC GENERAL OPERATING 10,000
    PHILADELPHIA MUSEUM OF ART
    PO BOX 7646
    PHILADELPHIA,PA19101     		NONE PC GENERAL OPERATING 10,000
    WIDENER UNIVERSITY
    1 UNIVERSITY PL
    CHESTER,PA19013     		NONE PC GENERAL OPERATING 15,000
    JOHN J TYLER ARBORETUM
    515 PAINTER RD
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 10,000
    DELAWARE COUNTY SPCA
    555 SANDY BANK RD
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 5,000
    BOYS AND GIRLS CLUB OF CHESTER
    201 EAST 7TH STREET
    CHESTER,PA19013     		NONE PC GENERAL OPERATING 20,000
    NOTRE DAME DE LOURDES SCHOOL
    990 FAIRVIEW ROAD
    SWARTHMORE,PA19081     		NONE PC GENERAL OPERATING 10,000
    MEDIA FELLOWSHIP HOUSE
    302 S JACKSON ST
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 12,000
    NICHOLAS NEWLIN FOUNDATION
    219 S CHEYNEY RD
    GLEN MILLS,PA19342     		NONE PC GENERAL OPERATING 5,000
    COMMUNITY ARTS CENTER
    414 PLUSH MILL ROAD
    WALLINGFORD,PA19086     		NONE PC GENERAL OPERATING 6,000
    PENNSYLVANIA BALLET ASSOCIATION
    100 S BROAD ST SUITE 2226
    PHILADELPHIA,PA19110     		NONE PC GENERAL OPERATING 5,000
    THE TIMOTHY SCHOOL
    973 OLD LANCASTER RD
    BREWYN,PA19312     		NONE PC GENERAL OPERATING 3,000
    LEGACY YOUTH TENNIS AND EDUCATION
    4842 RIDGE AVE
    PHILADELPHIA,PA19129     		NONE PC GENERAL OPERATING 5,000
    CASA YOUTH ADVOCATES INC
    PO BOX 407
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 20,000
    PATHWAYS PA INC
    310 AMOSLAND RD
    HOLMES,PA19043     		NONE PC GENERAL OPERATING 10,000
    WOMENS RESOURCE CENTER
    PO BOX 975
    SCRANTON,PA18510     		NONE PC GENERAL OPERATING 5,000
    SPECIAL OLYMPICS PENNSYLVANIA
    INC
    2570 BLVD OF THE GENERALS
    NORRISTOWN,PA19403     		NONE PC GENERAL OPERATING 5,000
    DARLINGTON ARTS CENTER
    977 SHAVERTOWN ROAD
    GARNET VALLEY,PA19061     		NONE PC GENERAL OPERATING 3,000
    CHILDRENS VILLAGE
    125 NORTH 8TH ST
    PHILADELPHIA,PA19106     		NONE PC GENERAL OPERATING 5,000
    ARDEN THEATRE COMPANY
    40 NORTH SECOND STREET
    PHILADELPHIA,PA19106     		NONE PC GENERAL OPERATING 5,000
    FAMILY SUPPORT LINE OF DELAWARE
    COUNTY INC
    100 WEST SIXTH STREET
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 10,000
    SURREY SERVICES FOR SENIORS
    60 SURREY WAY
    Devon,PA19333     		NONE PC GENERAL OPERATING 3,000
    ASTRAL ARTISTIC SERVICES
    230 SOUTH BROAD ST
    PHILADELPHIA,PA19102     		NONE PC GENERAL OPERATING 4,000
    DELCO TENNIS ASSOCIATION INC
    122 MARLE CIRCLE
    ASTON,PA19063     		NONE PC GENERAL OPERATING 13,000
    MEDIA THEATRE FOR THE PERFORMING
    ART
    104 E STATE STREET
    MEDIA,PA19063     		NONE PC GENERAL OPERATING 5,000
    INSTITUTE FOR LEADERSHIP EDUCATION
    ADVANCEMENT & DEVELOPMENT INC
    115 PETRIE AVE
    ROSEMONT,PA19010     		NONE PC GENERAL OPERATING 3,000
    VOICE AND VISION INC
    600 LOUIS DR STE 106
    WARMINSTER,PA18974     		NONE PC GENERAL OPERATING 3,000
    PHILADELPHIA SINFONIA ASSOCIATION
    INC
    PO BOX 996
    PHILADELPHIA,PA19105     		NONE PC GENERAL OPERATING 2,000
    UPPER DARBY ARTS AND EDUCATION FOUNDATIO
    601 N LANDSDOWNE AVE
    DREXEL HILL,PA19026     		NONE PC GENERAL OPERATING 15,000
    ENTREPRENEUR WORKS FUND
    400 STE 210
    PHILADELPHIA,PA19106     		NONE PC GENERAL OPERATING 5,000
    QUEST THERAPEUTIC SERVICES INC
    461 CANN RD
    WEST CHESTER,PA19382     		NONE PC GENERAL OPERATING 4,000
    DELAWARE COUNTY INTERFAITH
    HOSPITALITY NETWORK
    PO BOX 2384
    ASTON,PA190142384     		NONE PC GENERAL OPERATING 10,000
    TRI-COUNTY CONCERTS ASSOC INC
    BOX 222
    WAYNE,PA19087     		NONE PC SUPPORT 2,000
    WAYNE ART CENTER
    413 MAPLEWOOD AVENUE
    WAYNE,PA19087     		NONE PC GENERAL PURPOSE 5,000
    PENNSYLVANIA RESOURCES COUNCIL
    3606 PROVIDENCE RD
    NEWTON SQUARE,PA19073     		NONE PC GENERAL OPERATING 5,000
    VALLEY YOUTH HOUSE COMMITTEE
    829 LINDEN ST
    ALLENTOWN,PA18101     		NONE PC SUPPORT 7,000
    PEOPLE'S LIGHT & THEATRE COMPANY
    39 CONESTOGA RD
    MALVERN,PA19355     		NONE PC GENERAL OPERATING 4,000
    MUSICOPIA
    2001 MARKET ST
    Philadelphia,PA19103     		NONE PC GENERAL OPERATING 6,000
    WILMA THEATER INC
    265 S BROAD ST
    PHILADELPHIA,PA19107     		NONE PC GENERAL OPERATING 3,000
    SHRINERS HOSPITALS FOR CHILDREN
    2900 N ROCKY POINT DR
    TAMPA,FL33607     		NONE PC GENERAL OPERATING 4,000
    OPERATION WARM INC
    6 DICKINSON DR STE 314
    CHADDS FORD,PA19317     		NONE PC GENERAL OPERATING 4,000
    COLLEGE POSSIBLE
    755 PRIOR AVE N SUITE 210
    St Pau,MN55104     		NONE PC GENERAL OPERATING 5,000
    ARTS IN SCHOOLS COLLABORATIVE
    4701 PINE STREET
    Philadelphia,PA19143     		NONE PC GENERAL OPERATING 3,000
    SAINT JAMES REGIONAL CATHOLIC SCHOOL
    500 TOME ST
    RIDLEY PARK,PA19708     		NONE PC GENERAL OPERATING 10,000
    ROSE VALLEY CENTENNIAL FOUNDATION
    41 ROSE VALLEY RD
    ROSE VALLEY,PA19063     		NONE PC GENERAL OPERATING 21,000
    BRANDYWINE CONSERVANCY & MUSEUM OF ART
    PO BOX 141 1 HOFFMANS MILL ROAD
    CHADDS FORD,PA19317     		NONE PC GENERAL OPERATING 5,000
    AMERICAN NATIONAL RED CROSS
    431 18TH ST NW
    WASHINGTON,DC20006     		NONE PC GENERAL OPERATING 2,000
    ATLANTIC COAST OPERA FESTIVAL
    2028 SOUTH 17TH STREET SUITE 21
    PHILADELPHIA,PA19145     		NONE PC GENERAL OPERATING 3,000
    CIVIL AIR PATROL
    105 S HANSELL ST BLDG 714
    MONTGOMERY,AL36112     		NONE PC GENERAL OPERATING 5,000
    ORCHESTRA CONCORDIA ASSOCIATION
    POB 149
    Wayne,PA19087     		NONE PC SUPPORT 3,000
    Total .................................bullet 3a 484,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 319,476  
    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 ............     		    18 296,004  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 968  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   616,448  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    616,448
    (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.)
    11 0
    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:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

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    TY 2018 ExpenditureResponsibilityStmt
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    Delco Tennis Association
          		122 Marie Circle
    Aston,PA19014     		2018-07-23 13,000 To promote the lifetime sport of tennis   To the Foundation's knowledge, no funds have been diverted to any activity other than the activity f 1/17/2019 2019-01-17 The Foundation has no reason to doubt the accuracy or reliability of information supplied by the grantee.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Name of Bond End of Year Book Value End of Year Fair Market Value
    94985D582 WELLS FARGO ADV INTL    
    055451AP3 BHP BILLITON FIN USA    
    05565QBY3 BP CAPITAL MARKETS    
    06051GEK1 BANK OF AMERICA CORP    
    06366QW86 BANK OF MONTREAL    
    071813BF5 BAXTER INTERNATIONAL    
    084664BE0 BERKSHIRE HATHAWAY    
    14912L4X6 CATERPILLAR FINANCIA    
    25468PCM6 WALT DISNEY COMPANY/    
    25470DAF6 DISCOVERY COMMUNICAT    
    278865AN0 ECOLAB INC    
    30219GAF5 EXPRESS SCRIPTS HOLD    
    31428XAS5 FEDEX CORP    
    35671DAU9 FREEPORT-MCMORAN C    
    36962G3U6 GENERAL ELEC CAP COR    
    428236BW2 HEWLETT-PACKARD CO    
    459200GX3 IBM CORP    
    46625HHU7 JPMORGAN CHASE & CO    
    4812C0803 JPMORGAN HIGH YIELD-    
    50540RAK8 LAB CORP OF AMER HLD    
    539473AQ1 LLOYDS BANK PLC    
    59156RAU2 METLIFE INC    
    61747YDD4 MORGAN STANLEY    
    681919AZ9 OMNICOM GROUP INC    
    68389XAK1 ORACLE CORP    
    693390882 PIMCO FOREIGN BD FD    
    693391559 PIMCO EMERG MKTS BD-    
    713448BT4 PEPSICO INC    
    76720AAF3 RIO TINTO FIN USA PL    
    822582AJ1 SHELL INTERNATIONAL    
    883556BB7 THERMO FISHER SCIENT    
    88732JAH1 TIME WARNER CABLE IN    
    961214BK8 WESTPAC BANKING CORP    
    05531FAN3 BB&T CORPORATION    
    2515A14E8 DEUTSCHE BANK AG    
    260543CD3 DOW CHEMICAL CO/THE    
    262028855 DRIEHAUS ACTIVE INCO    
    437076BB7 HOME DEPOT INC    
    04315J860 ABERDEEN GLOBAL HIGH    
    06739FGF2 BARCLAYS BANK PLC    
    120569AA6 BUNGE NA FINANCE LP    
    12572QAG0 CME GROUP INC    
    315920702 FID ADV EMER MKTS IN    
    38148LAC0 GOLDMAN SACHS GROUP    
    55279HAJ9 MANUFACTURERS & TRAD    
    25152RYD9 DEUTSCHE BANK AG    
    277432AR1 EASTMAN CHEMICAL CO    
    61761JB32 MORGAN STANLEY    
    693390841 PIMCO HIGH YIELD FD-    
    747525AF0 QUALCOMM INC    
    811065AE1 SCRIPPS NETWORKS INT    
    0258M0EG0 AMERICAN EXPRESS CRE    
    06051GFW4 BANK OF AMERICA CORP    
    06406HCV9 BANK OF NEW YORK MEL    
    064159FL5 BANK OF NOVA SCOTIA    
    14040HBE4 CAPITAL ONE FINANCIA    
    14912L6R7 CATERPILLAR INC    
    172967KV2 CITIGROUP INC    
    500255AR5 KOHL'S CORPORATION    
    66989HAJ7 NOVARTIS CAPITAL COR    
    87612EBB1 TARGET CORP    
    260543CF8 DOW CHEMICAL CO/THE    
    437076BM3 HOME DEPOT INC    
    464288588 ISHARES MBS ETF    
    59156RBH0 METLIFE INC    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Name of Stock End of Year Book Value End of Year Fair Market Value
    277923728 EATON VANCE GLOBAL M    
    411511504 HARBOR CAPITAL APRCT    
    464287234 ISHARES MSCI EMERGIN    
    464287465 ISHARES MSCI EAFE ET    
    464287655 ISHARES RUSSELL 2000    
    78464A607 SPDR DOW JONES REIT    
    949915367 WELLS FARGO ADV ENTE    
    870297801 MLN ELEMENTS ROGERS    
    22544R305 CREDIT SUISSE COMM R    
    487300600 KEELEY MID CAP VALUE    
    589509108 MERGER FD SH BEN INT    
    902641646 E-TRACS ALERIAN MLP    
    92913K595 VOYA REAL ESTATE FUN    
    92914A810 VOYA INTL RL EST FD    
    589509207 MERGER FUND-INST #30    
    683974604 OPPENHEIMER DEVELOPI    
    922908710 VANGUARD 500 INDEX F    
    003021714 ABERDEEN EMERG MARKE    
    00888Y508 INV BALANCE RISK COM    
    29875E100 AMERICAN EUROPACIFIC    
    617440508 MSIF MID CAP GROWTH    
    704223817 PAX WORLD SMALL CAP-    
    74253Q580 PRINCIPAL INV R/E SE    
    74253Q747 PRINCIPAL MIDCAP FD-    
    74925K581 BOSTON P LNG/SHRT RE    
    77954Q106 T ROWE PRICE BLUE CH    
    89155H389 TOUCHSTONE MID CAP V    
    464287507 ISHARES CORE S&P MID    
    464287606 ISHARES S&P MID-CAP    
    316389584 FIDELITY ADV INTER R    
    77954Q403 T ROWE PRICE BLUE CH    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


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


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    34528QBP8 FORD CREDIT FLOORPLA      
    GTY995004 GAI AGILITY INCOME F AT COST 100,000 100,563
    606822BA1 MITSUBISHI UFJ FIN AT COST 29,937 31,136
    86562MAQ3 SUMITOMO MITSUI FINL AT COST 34,140 35,190
    59156RBH0 METLIFE INC 3.600% 4 AT COST 40,358 41,864
    912828F21 US TREASURY NOTE 2.1 AT COST 75,480 75,329
    464287655 ISHARES RUSSELL 2000 AT COST 69,357 250,879
    00888Y508 INV BALANCE RISK COM AT COST 106,826 110,749
    74925K581 ROBECO BP LNG/SHRT R AT COST 241,577 247,709
    589509207 MERGER FUND-INST #30 AT COST 270,361 280,225
    00143W859 INV OPP DEVELOP MRKT AT COST 373,840 443,268
    74256W568 PRINCIPAL REAL EST S AT COST 414,500 467,536
    464287234 ISHARES TR MSCI EMER AT COST 354,884 367,815
    316390152 FIDELITY ADV INTL RL AT COST 363,000 376,491
    411511504 HARBOR CAPITAL APRCT AT COST 366,217 673,445
    74256W584 PRINCIPAL MIDCAP FUN AT COST 377,000 500,387
    77954Q403 T ROWE PRICE BLUE CH AT COST 542,744 884,236
    693390841 PIMCO HIGH YIELD FD- AT COST 245,000 253,224
    31641Q755 FIDELITY NEW MRKTS I AT COST 554,608 552,091
    38148LAC0 GOLDMAN SACHS GROUP AT COST 25,413 25,314
    3135G0ZR7 FED NATL MTG ASSN 2. AT COST 49,966 51,439
    912828U32 US TREASURY NOTE AT COST 58,367 58,643
    912828TJ9 US TREASURY NOTE 1.5 AT COST 9,248 9,912
    912828U24 US TREASURY NOTE AT COST 24,641 24,909
    437076BM3 HOME DEPOT INC AT COST 33,895 35,554
    464288588 ISHARES BARCLAYS MBS AT COST 101,478 102,730
    912828UN8 US TREASURY NOTE 2.0 AT COST 45,297 45,126
    912828J27 US TREASURY NOTE 2.0 AT COST 62,653 63,052
    61761JB32 MORGAN STANLEY AT COST 20,427 20,031
    811065AE1 SCRIPPS NETWORKS INT AT COST 24,790 24,958
    31428XAS5 FEDEX CORP 2.625% 8/ AT COST 24,937 25,019
    9128286A3 US TREASURY NOTE AT COST 25,257 25,930
    406216BD2 HALLIBURTON COMPANY AT COST 25,449 25,634
    961214DW0 WESTPAC BANKING CORP AT COST 29,569 31,129
    3135G0H55 FED NATL MTG ASSN AT COST 19,983 19,955
    037833AK6 APPLE INC 2.400% 5/0 AT COST 24,656 24,949
    0258M0EG0 AMERICAN EXPRESS CRE AT COST 24,962 25,100
    26078JAA8 DOWDUPONT INC AT COST 25,132 25,406
    68389XAK1 ORACLE CORP 3.875% 7 AT COST 34,731 30,487
    464287507 ISHARES TR S & P MID AT COST 75,268 80,064
    09260C703 BLACKROCK GL L/S CRE AT COST 240,800 229,686
    89155H389 TOUCHSTONE MID CAP V AT COST 189,674 196,856
    4812C0803 JPMORGAN HIGH YIELD AT COST 253,449 245,418
    9128285M8 US TREASURY NOTE AT COST 15,834 16,262
    064159FL5 BANK OF NOVA SCOTIA AT COST 25,313 25,174
    404280AN9 HSBC HOLDING PLC 4.0 AT COST 25,726 25,899
    681919AZ9 OMNICOM GROUP INC 3. AT COST 26,365 25,626
    260543CF8 DOW CHEMICAL CO/THE AT COST 26,376 25,790
    46625HHU7 JPMORGAN CHASE & CO AT COST 26,948 25,568
    071813BF5 BAXTER INTERNATIONAL AT COST 29,902 29,644
    66989HAJ7 NOVARTIS CAPITAL COR AT COST 35,581 35,578
    126650DC1 CVS HEALTH CORP AT COST 15,091 15,149
    172967KV2 CITIGROUP INC AT COST 15,123 14,918
    12572QAG0 CME GROUP INC AT COST 20,397 20,477
    277432AR1 EASTMAN CHEMICAL CO AT COST 22,694 23,882
    06051GHT9 VR BANK OF AMERICA AT COST 25,146 25,453
    912828P87 US TREASURY NOTE AT COST 35,009 34,472
    922908710 VANGUARD 500 INDEX F AT COST 1,295,170 1,838,547
    3128PVHT0 FHLMC POOL #J15642 AT COST 11,620 11,311
    277923728 EATON VANCE GLOBAL M AT COST 259,942 234,491
    14064D873 F&T BHVRL SM CAP EQ- AT COST 383,000 355,762
    78464A607 SPDR DOW JONES REIT AT COST 102,930 268,845
    003021714 ABERDEEN EMERG MARKE AT COST 270,000 324,847
    464287606 ISHARES S&P MIDCAP 4 AT COST 329,972 379,581
    29875E100 AMERICAN EUROPACIFIC AT COST 560,000 628,950
    464287465 ISHARES MSCI EAFE AT COST 673,178 1,159,015
    06406HCV9 BANK OF NEW YORK MEL AT COST 20,532 20,616
    912828M56 US TREASURY NOTE AT COST 23,833 25,345
    9128283W8 US TREASURY NOTE AT COST 24,900 26,261
    25470DAF6 DISCOVERY COMMUNICAT AT COST 25,543 25,317
    912828D56 US TREASURY NOTE 2.3 AT COST 29,544 30,609
    912828G38 US TREASURY NOTE 2.2 AT COST 60,180 60,846
    912828P46 US TREASURY NOTE AT COST 82,853 82,875
    30219GAF5 EXPRESS SCRIPTS HOLD AT COST 15,936 15,432
    912828WJ5 US TREASURY NOTE 2.5 AT COST 20,152 20,517
    912828TY6 US TREASURY NOTE 1.6 AT COST 23,478 24,761
    912828VS6 US TREASURY NOTE 2.6 AT COST 24,688 25,571
    55279HAJ9 MANUFACTURERS & TRAD AT COST 25,121 24,903

    TY 2018 OtherDecreasesSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 5,189


    TY 2018 OtherExpensesSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BRENNAN & DONALDSON FEES 16,200 0   16,200
    ADR FEES 36 36   0
    ADVISORY FEES 4,000 0   4,000


    TY 2018 OtherIncomeSchedule2
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 968 0  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMIN FEES 35,061     35,061


    TY 2018 TaxesSchedule
    Name:
    ETHEL S C SMITH NO 5 CHARITABLE TW
    EIN:
    23-6648857
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 7,149 7,149   0
    FOREIGN TAXES ON NONQUALIFIED 1,254 1,254   0