Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Satz-Asbury Family Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)2420 Warm Springs Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boise, ID83712
A Employer identification number

20-8091202
B Telephone number (see instructions)

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$985,289J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 33 33 33
4 Dividends and interest from securities... 26,855 26,855 26,855
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -7,368
b Gross sales price for all assets on line 6a 1,921,666
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 19,520 26,888 26,888
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 2,315     2,315
c Other professional fees (attach schedule).... Click to see attachment 9,550 9,550    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,014 103    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,879 9,653   2,315
25 Contributions, gifts, grants paid....... 51,000 51,000
26 Total expenses and disbursements. Add lines 24 and 25 63,879 9,653   53,315
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -44,359
b Net investment income (if negative, enter -0-) 17,235
c Adjusted net income (if negative, enter -0-)... 26,888
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............. 41,820 6,739 6,739
2 Savings and temporary cash investments.........      
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)....... 461,991 Click to see attachment422,744 392,666
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 564,773 Click to see attachment598,908 585,884
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,290 Click to see attachment2,290  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,070,874 1,030,681 985,289
Liabilities 17 Accounts payable and accrued expenses..........   220
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).........   220
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........ 1,000,000 1,000,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 70,874 30,461
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 1,070,874 1,030,461
31 Total liabilities and net assets/fund balances (see instructions). 1,070,874 1,030,681
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,070,874
2
Enter amount from Part I, line 27a .....................
2
-44,359
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,946
4
Add lines 1, 2, and 3 ..........................
4
1,030,461
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,030,461
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 Capital Gain Distributions P 2017-01-01 2018-12-31
b WF - Various ST Covered P 2018-01-01 2018-12-31
c WF - Various ST Noncovered P 2018-01-01 2018-12-31
d WF - Various LT Covered P 2017-01-01 2018-12-31
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9     9
b 1,543,564   1,569,998 -26,434
c 2,014   2,707 -693
d 376,079   356,329 19,750
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       9
b       -26,434
c       -693
d       19,750
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -7,368
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 -27,127
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 52,062 1,085,002 0.04798
2016 57,028 1,068,197 0.05339
2015 54,966 1,136,620 0.04836
2014 52,315 1,162,358 0.04501
2013 44,405 1,104,218 0.04021
2
Total of line 1, column (d) .....................
2
0.234951
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
0.046990
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,081,679
5
Multiply line 4 by line 3......................
5
50,828
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
172
7
Add lines 5 and 6........................
7
51,000
8
Enter qualifying distributions from Part XII, line 4,.............
8
53,315
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 1 172
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........................... 3 172
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- ..... 5 172
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  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 172
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletID
    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 addressbulletNone
    14
    The books are in care ofbulletB A Harris LLP Telephone no.bullet (208) 424-5177

    Located atbullet960 Broadway Ave Ste 314BoiseID ZIP+4bullet83706
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Greg L Satz President
    1.00     		0    
    2420 Warm Springs Avenue
    Boise,ID83712
    Shannon Asbury Satz Director
    1.00     		0    
    2420 Warm Springs Avenue
    Boise,ID83712
    Lisa Derig Director
    1.00     		0    
    6900 McMullan
    Boise,ID83709
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,081,416
    b
    Average of monthly cash balances.......................
    1b
    16,735
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,098,151
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,098,151
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    16,472
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,081,679
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    54,084
    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
    54,084
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    172
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    172
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    53,912
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    53,912
    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
    53,912
    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
    53,315
    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
    53,315
    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
    172
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    53,143
    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 53,912
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 50,741
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 53,315
    a Applied to 2017, but not more than line 2a 50,741
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 2,574
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		51,338
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    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).)
    Greg L Satz
    Shannon Asbury Satz
    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:
    Greg L Satz or Shannon Asbury Satz
    2420 Warm Springs Avenue
    Boise,ID83712
    (208) 859-6450
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST WITH SUPPORTING DOCUMENTATION.
    cAny submission deadlines:
    NO DEADLINE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIMARY FOCUS IS ON SUPPORTING CHARITIES THAT HELP CHILDREN IN THE BOISE, IDAHO AREA. THE FOUNDATION WILL ALSO SUPPORT CHARITIES WITHIN THE STATE OF IDAHO IF NEED CAN BE SHOWN.
    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
    Idaho Voices for Children
    1607 W Jefferson Street
    Boise,ID83702     		No relationship   To provide funding for a statewide organization that develops and promotes policies that improve child health, education, safety, and family economic security. 5,000
    YMCA
    1050 W State Street
    Boise,ID83702     		No relationship   To fund life-changing programs that help children, adults, and families in the community to learn, grow, and thrive. 5,000
    Boise State University Foundation
    2225 University Drive
    Boise,ID83706     		No relationship   To cultivate philanthropy in higher education programs that help students and families in the community. 17,000
    Terry Reilly Health Services
    211 16th Ave North
    Nampa,ID83653     		No relationship   To fund life-saving health care programs for children, adults, and families in the community that are accessible and affordable to those in need. 1,000
    Trica
    1406 Eastman St
    Boise,ID83702     		No relationship   To provide funding for an organization that develops and provides meaningful experiences in the arts, inspiring the children of the treasure valley to develop attitudes and values contributing to a stronger sense of community, humanity, and goodwill. 5,000
    Planned Parenthood
    123 E Indiana Ave Suite 100
    Spokane,WA99207     		No relationship   To provide funding for an organization that provides reproductive health services and education to the public. 1,000
    Wassmuth Center for Human Rights
    777 S 8th Street
    Boise,ID83702     		No relationship   To support educational programs that promote respect for human diginity and diversity and that foster individual responsiblity to work for justice and peace. 1,000
    Zoo Boise
    355 Julia Davis Drive
    Boise,ID83702     		No relationship   To support an organization that works to increase public awareness, knowledge, and appreciation of the zoo, wild animals, animal habitats, species conservation, and the environment. 10,000
    Memorial Sloan Kettering Cancer Cen
    PO Box 5028
    Hagerston,MD21741     		No relationship   To provide funding for an organization dedicated to cancer research. 1,000
    ID Suicide Prevention
    1607 W Jefferson Street
    Boise,ID83702     		No relationship   To provide funding for an organization that offers suicide prevention services. 1,000
    Camp Rainbow Gold
    216 W Jefferson
    Boise,ID83702     		No relationship   To provide funding for an organization that offers suicide prevention services. 1,000
    Girls Inc of Gtr Santa Barbara
    531 East Ortega St
    Santa Barbara,CA93103     		No relationship   To provide funding for an organization that offers suicide prevention services. 1,000
    Santa Barbara Museum of Art
    1130 State St
    Santa Barbara,CA93103     		No relationship   To provide funding for an organization that offers suicide prevention services. 1,000
    Gaviota Coast Conservancy
    PO Box 1099
    Goleta,CA93116     		No relationship   To provide funding for an organization that offers suicide prevention services. 1,000
    Total .................................bullet 3a 51,000
    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 ...........     		    14 33  
    4 Dividends and interest from securities....     14 26,855  
    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 ............     		        -7,368
    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)..   26,888 -7,368
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    19,520
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax preparation fees 2,315 0 0 2,315

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALASKA AIR GROUP    
    ARTHUR J GALLAGHER    
    APOGEE ENTERPRISES    
    AMERISAFE INC 3,607 3,515
    ASSURANCE INC    
    BARNES GROUP    
    CAMBREX CORP    
    BGC PARTNERS INC    
    CONSTELLATION BRANDS    
    DR HORTON INC    
    DYCOM INDUSTRIES    
    EAGLE BANCORP 2,558 2,289
    EDWARDS LIFESCIENCE CORP 1,984 1,991
    CAMPBELL SOUP COMPANY    
    EXTRA SPACE STORAGE    
    BRITISH AMERN TOB    
    GENTEX CORPORATION    
    CHINA LODGING GROUP    
    CLOROX COMPANY    
    COGENT COMMUNICATIONS    
    COLUMBIA BANKING SYSTEM    
    DARDEN RESTAURANTS    
    DR PEPPER SNAPPLE    
    CH ROBINSON WORLDWIDE    
    DUNKINS BRANDS    
    ERIE INDEMNITY CO    
    EAST WEST BANCORP    
    EPLUS INC    
    EATON VANCE CORP    
    EURONET WORLDWIDE    
    GENUINE PARTS CO    
    GILEAD SCIENCES    
    GRAND CANYON EDUCATION    
    LENNAR CORPORATION    
    HORACE MANN EDUCATORS    
    HUBBELL INC    
    MERITAGE HOMES CORP    
    METHODE ELECTRONICS    
    MONSTER BEVERAGE CORP 2,004 2,215
    ICON PLC    
    NVIDIA CORP    
    HERSHEY COMPANY    
    INTERPUBLIC GRP    
    IROBOT CORP 1,920 2,094
    KAR AUCTION SERVICES    
    KELLOG COMPANY    
    LAM RESEARCH CORP    
    LCI INDUSTRIES    
    LEGGETT & PLATT 4,470 3,261
    MCKESSON CORPORATION    
    SKYWORKS SOLUTIONS 2,385 2,144
    MAXIM INTEGRATED    
    MOHAWK INC    
    MOTOROLA SOLUTIONS    
    THOR INDUSTRIES    
    NATIONAL INSTRUMENTS    
    NEW ORIENTAL EDUCATION    
    NOAH HLDGS    
    OLD DOMINION FREIGHT 1,817 2,346
    PAYCHEX INC    
    PRESTIGE BRANDS    
    POWERSHARES ACTIVELY ETF    
    OMNICOM GROUP    
    PINNACLE FINANCIAL PARTNERS    
    PEGASYSTEMS    
    A O SMITH    
    ALLETE INC    
    AMN HEALTHCARE SERVICES    
    AVISTA CORP    
    BANK OF THE OZARKS    
    DIME CMNTY BANKCORP    
    EMPLOYERS HOLDINGS INC    
    GENTHERM INC    
    GLACIER BANKCORP    
    INTERNATIONAL PAPER CO    
    JOHN BEAN TECH 2,001 2,011
    NATIONAL PRESTO    
    NORTHWEST BANCSHARES 3,997 3,812
    NORTHWEST NATURAL GAS    
    OLD NATL BANKCORP    
    ORITANI FINANCIAL 5,127 4,189
    PROASSURANCE CORP    
    RLI CORP 3,634 4,070
    SAFETY INS GROUP 3,407 3,845
    SOUTH JERSEY 4,697 3,920
    SPIRE INC    
    TRUSTCO BANK CORP 4,468 3,526
    UNIVERSAL CORP VIRGINIA    
    WESTERN UNION CO 3,739 3,258
    WINNEBAGO INDUSTRIES    
    WISDOMTREE INVESTMENTS    
    EAGLE MATERIALS    
    PROGRESSIVE CORP OHIO    
    PROVIDENT FINANCIAL SERVICES 4,253 4,029
    QIWI PLC SPONSORED    
    QUALITY SYSTEMS    
    REGENERON PHARMA    
    RPM INTERNATIONAL    
    SCHWEITZER-MAUDUIT 3,901 3,958
    SELECT SECTOR SPDR ETF    
    SIX FLAGS ENTERTAINMENT    
    SOUTHSIDE BANCSHARES 6,335 5,937
    SYNNEX CORP    
    T ROWE PRICE GROUP    
    TREX COMPANY    
    TYLER TECHNOLOGIES    
    UNITED RENTALS    
    UNITED THERAPEUTICS CORP    
    VMWARE INC CLASS A    
    WALKER & DUNLOP 2,164 1,989
    WATSCO    
    WESTAMERICA BANCORP    
    WESTERN ALLIANCE BANKCORP    
    WSFS FINANCIAL CORP    
    NXP SEMICONDUCTORS    
    ABIOMED INC 2,878 2,275
    ALPHABET INC 6,240 6,270
    ALTRIA GROUP INC 3,821 3,260
    AMAZON.COM INC 6,017 6,008
    AMERICAN FINL GROUP INC 4,062 3,259
    AMERICAN WOODMARK CORP 4,442 2,394
    ANDEAVOR LOGISTICS LP 2,003 2,014
    AT & T 3,647 3,254
    BANC CALIF INC 4,986 3,487
    BANCFIRST CORP 1,992 1,996
    BERKSHIRE HATHAWAY 6,496 6,534
    BERKSHIRE HILLS 5,499 3,911
    BIOGEN INC 2,299 2,106
    BOEING CO 6,417 6,450
    BOSTON PRIVATE FINL HLDGS INC 5,599 3,985
    C N A FINANCIAL CORP 3,464 3,267
    CDW CORPORATION OF DELAWARE 2,014 2,026
    CISCO SYSTEMS INC 6,489 6,500
    COGENT COMMUNICATIONS HOLDINGS INC 3,946 3,978
    COGNEX CORP 1,995 2,011
    COHERENT INC 2,010 2,008
    COMFORT SYS USA INC 2,003 2,009
    COPART INC 2,008 2,007
    COSTCO WHSL CORP NEW 6,503 6,519
    DISNEY WALT COMPANY 6,551 6,579
    ETHAN ALLEN INTERIORS INC 3,881 3,905
    EURONET WORLDWIDE INC 2,005 2,355
    EXTENDED STAY AMERICA 3,266 3,271
    EXXON MOBIL CORP 3,916 3,273
    FIRST BUSEY CORP 2,701 2,086
    FIRST FINANCIAL BANCORP OHIO 1,996 2,016
    FIRST HAWAIIAN INC 3,264 3,286
    FIRST MERCHANTS CORP 2,701 1,988
    FIVE BELOW INC 1,444 2,149
    FNB CORP PA 4,288 3,287
    GENERAL MILLS INC 3,258 3,271
    GLOBAL PAYMENTS INC 1,953 1,959
    GLOBANT SA 1,978 1,971
    GOLDMAN SACHS GROUP INC 6,493 6,515
    GRAY TELEVISION INC CL B 1,993 1,989
    HAVERTY FURNITURE CO INC 3,969 3,981
    HEALTHSTREAM INC 3,939 3,936
    HEARTLAND FINL USA INC 2,012 2,022
    HOPE BANCORP INC 5,519 3,938
    II-VI INC 2,014 2,013
    ILLUMINA INC 2,095 2,099
    INDEPENDENT BANK CORP MASSACHUSETTS 2,021 2,039
    INTERNATIONAL BUSINESS MACHINE CORP 3,963 3,296
    JAMES RIVER GROUP HOLDINGS LTD 3,864 3,910
    KINDER MORGAN INC DEL 3,780 3,261
    KRAFT HEINZ CO 4,586 3,271
    LEGACY TEXAS FINANCIAL GROUP INC 2,004 2,022
    LEGG MASON INC 3,277 3,291
    LOCKHEAD MARTIN 6,529 6,546
    LYONDELLBASELL 3,229 3,243
    MASIMO CORP 1,640 2,040
    MERIDIAN BIOSCIENCE INC 3,889 3,889
    MICROSOFT CORP 6,479 6,500
    MKS INSTRUMENTS INC 3,222 2,261
    MONOLITHIC POWER SYSTEMS INC 2,681 2,325
    NATIONAL BEVERAGE CORP 1,999 2,010
    NATIONAL PRESTO IND INC 3,878 3,858
    NEW MEDIA INVESTMENT 5,387 3,934
    NEW YORK COMMUNITY BANCORP INC 3,281 3,284
    NEXSTAR MEDIA GROUP INC 2,011 2,045
    NIKE INC CLASS B 6,519 6,524
    NOVANTA INC 2,004 2,016
    NUTRI/SYSTEM 1,970 1,975
    NVIDIA 3,271 2,003
    OCCIDENTAL PETE CORP 4,253 3,253
    OLD REPUBLIC INTL 3,388 3,271
    ON SEMI CONDUCTOR CORP 3,069 2,460
    ONEOK INC 4,219 3,237
    ORBOTECH LTD 1,977 1,979
    PACWEST BANCORP DEL 4,814 3,295
    PENSKE AUTO GROUP 3,254 3,266
    PEOPLES UNITED FINANCL 4,129 3,276
    PRINCIPAL FINANCIAL GROUP 4,155 3,269
    PROASSURANCE CORP 3,937 3,975
    PROGRESSIVE CORP OHIO 1,982 1,991
    PRUDENTIAL FINANCIAL INC 3,247 3,262
    QUALYS 2,027 2,018
    RAYMOND JAMES FINANCIAL 2,828 2,381
    SANFILIPPO JOHN B & SONS 3,962 3,952
    SANTANDER CONSUMER USA 1,983 1,988
    SCHLUMBERGER LTD 3,239 3,247
    SCHWAB CHARLES CORP 2,820 2,284
    SOUTHWEST AIRLINES CO 6,514 6,507
    STARBUCKS 6,491 6,504
    UMPQUA HLDGS 3,256 3,244
    UNITED FIRE GRP 3,935 3,937
    UNITED HEALTH GROUP 6,472 6,477
    VEEVA SYSTEMS CL A 1,965 1,965
    VERIZON COMMUNICATIONS 2,995 3,261
    VISA INC CLASS A 6,446 6,465
    WILLIAMS COMPANIES 4,283 3,285
    TFS FINANCIAL 3,086 3,258

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES US REAL ESTATE AT COST 5,874 5,621
    ISHARES 20+ YEAR TREASURY BOND AT COST 45,007 43,622
    ISHARES CORE S&P SMALLCAP AT COST    
    ISHARES IBOXX & INVESTMENT GRADE CORP AT COST 53,795 51,559
    ISHARES MSCI EAFE AT COST 9,913 8,464
    VANGUARD TOTAL BOND AT COST 33,869 32,872
    ISHARES RUSSELL 2000 AT COST 6,465 5,222
    ISHARES 3-7 YR TREASURY BOND AT COST 62,203 61,550
    ISHARES 7-10 YR TREASURY BOND AT COST 85,594 85,861
    ISHARES CORE US AGGREGATE BOND AT COST 134,119 132,900
    ISHARES MSCI EMERGING MARKETS AT COST 8,836 7,929
    ISHARES CORE S&P MIDCAP AT COST    
    SPDR BLOOMBERG AT COST 33,848 32,417
    SPDR DOW JONES AT COST    
    SPDR GOLD TRUST AT COST 63,823 63,778
    SPDR S&P HOMEBLDRS AT COST    
    SPDR S&P500 TRUST AT COST 6,105 5,248
    HUAZU GRP LTD SPON ADR AT COST 1,918 2,319
    ISHARES LATIN AMERICA AT COST 28,266 27,122
    ISHARES 1-3 YR TREASURY BOND AT COST 19,273 19,400

    TY 2018 OtherAssetsSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Net Intangible Assets 2,290 2,290  


    TY 2018 OtherIncreasesSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Book to tax timing differences 3,946


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment advisory fees - WF 9,550 9,550 0 0


    TY 2018 TaxesSchedule
    Name:
    Satz-Asbury Family Foundation Inc
    EIN:
    20-8091202
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID - WF 103 103    
    Prior Year Taxes 911