Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Ortega Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

65-0014714
B Telephone number (see instructions)

(800) 839-1754
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$37,640,799J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 21,116 21,116  
4 Dividends and interest from securities... 831,310 831,310  
5a Gross rents............ 208,377 208,377  
b Net rental income or (loss) 186,646
6a Net gain or (loss) from sale of assets not on line 10 2,355,540
b Gross sales price for all assets on line 6a 16,828,773
7 Capital gain net income (from Part IV, line 2)... 2,355,540
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)....... Click to see attachment 27,431 27,431  
12 Total. Add lines 1 through 11........ 3,443,774 3,443,774  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 157,474 157,474    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 83,414 39,343    
19 Depreciation (attach schedule) and depletion... Click to see attachment 843 843 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 81,494 11,494   70,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 323,225 209,154 0 70,000
25 Contributions, gifts, grants paid....... 1,869,355 1,869,355
26 Total expenses and disbursements. Add lines 24 and 25 2,192,580 209,154 0 1,939,355
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,251,194
b Net investment income (if negative, enter -0-) 3,234,620
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,338,503 5,500,603 5,500,603
3 Accounts receivable bullet4,510
Less: allowance for doubtful accounts bullet   3,494 4,510 4,510
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) bullet490,000
Less: allowance for doubtful accounts bullet   550,000 Click to see attachment490,000 490,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,733,799 Click to see attachment6,249,053 6,246,070
b Investments—corporate stock (attach schedule)....... 15,256,245 Click to see attachment16,420,864 17,336,685
c Investments—corporate bonds (attach schedule)....... 4,991,049 Click to see attachment4,443,333 4,339,499
11 Investments—land, buildings, and equipment: basis bullet4,056,864
Less: accumulated depreciation (attach schedule) bullet   5,066,413 Click to see attachment4,056,864 3,723,432
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,939,503 37,165,227 37,640,799
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) 25,470  
23 Total liabilities (add lines 17 through 22)......... 25,470 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 35,914,033 37,165,227
30 Total net assets or fund balances (see instructions)..... 35,914,033 37,165,227
31 Total liabilities and net assets/fund balances (see instructions). 35,939,503 37,165,227
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
35,914,033
2
Enter amount from Part I, line 27a .....................
2
1,251,194
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
37,165,227
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
37,165,227
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 Publicly-traded Securities      
b LAND - 29003 SOUTH DIXIE HIGHWAY, MIAMI-DADE COUNTY, FL 33033 P 2011-12-31 2018-12-17
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 14,228,773   13,432,598 796,175
b 2,600,000   1,040,635 1,559,365
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       796,175
b       1,559,365
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,355,540
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 1,831,860 39,177,976 0.046757
2016 1,920,456 37,424,485 0.051315
2015 1,953,624 38,409,946 0.050862
2014 1,834,177 39,555,992 0.046369
2013 1,524,640 38,493,279 0.039608
2
Total of line 1, column (d) .....................
2
0.234911
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
0.046982
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
39,679,042
5
Multiply line 4 by line 3......................
5
1,864,201
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
32,346
7
Add lines 5 and 6........................
7
1,896,547
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,939,355
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 32,346
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 32,346
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 32,346
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 56,110
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,431
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,541
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 33,195
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet33,195 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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 instructionsClick to see attachment.................
    12
    Yes
     
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    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).
    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
    Maria Elena Wollberg Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    arazoza group Merrill Lynch Investment mgt 157,474
    355 Alhambra Circle Penthouse
    Coral Gables,FL331344527
    Foundation Source Administrative 70,000
    55 Walls Drive 3rd floor
    Fairfield,CT06824
    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
    29,638,371
    b
    Average of monthly cash balances.......................
    1b
    3,924,091
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,720,829
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,283,291
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    40,283,291
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    604,249
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,679,042
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,983,952
    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
    1,983,952
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    32,346
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    32,346
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,951,606
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,951,606
    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
    1,951,606
    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
    1,939,355
    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
    1,939,355
    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
    32,346
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,907,009
    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 1,951,606
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,872,853
    b Total for prior years:2016, 2015, 2014  
    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$ 1,939,355
    a Applied to 2017, but not more than line 2a 1,872,853
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 66,502
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		1,885,104
    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 ......     		0
    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.... 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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACADEMIA MARIA REINA
    URBAN COLLEGE PARK 1879 GLASGOW ST
    SAN JUAN,PR00921     		N/A PC Scholarship Fund 25,000
    AMERICAN CANCER SOCIETY - FLORIDA DIVISION
    3709 W JETTON AVE
    TAMPA,FL33629     		N/A PC General & Unrestricted 58,000
    BAPTIST HEALTH SOUTH FLORIDA FOUNDATION INC
    6855 RED RD STE 600
    CORAL GABLES,FL33143     		N/A PC Doctors Hospital Gala Project 5,000
    BRANCHES INC
    11500 NW 12TH AVE
    MIAMI,FL33168     		N/A PC General & Unrestricted 10,000
    CAMILLUS HOUSE INC
    PO BOX 11829
    MIAMI,FL33101     		N/A PC General & Unrestricted 60,000
    CARING HEARTS WITH HELPING HANDS INC
    6555 NW 36TH ST STE 318
    VIRGINIA GDNS,FL33166     		N/A PC General & Unrestricted 1,500
    CENTRO MATER FOUNDATION INC
    4970 SW 80TH ST
    MIAMI,FL33143     		N/A PC General & Unrestricted 20,000
    CHRISTOPHER COLUMBUS HIGH SCHOOL
    3000 SW 87TH AVE
    MIAMI,FL33165     		N/A PC General & Unrestricted 25,000
    CHURCH OF THE EPIPHANY
    8080 SW 54TH CT
    MIAMI,FL33143     		N/A PC Endowment Fund 50,000
    CLUB AMAZONAS USA
    12955 BISCAYNE BLVD STE 300
    NORTH MIAMI,FL33181     		N/A PC General & Unrestricted 30,000
    CORAL GABLES CONGREGATIONAL UNITED CHURCH OF CHRIS
    3010 DE SOTO BLVD
    CORAL GABLES,FL33146     		N/A PC General & Unrestricted 5,000
    EYES ON YOUR MISSION PROJECT INC
    785 LITTLE RIVER DR
    MIAMI,FL33150     		N/A PC General & Unrestricted 10,000
    FLORIDA INTERNATIONAL UNIVERSITY
    11200 SW 8TH ST PC-120
    MIAMI,FL33199     		N/A GOV General & Unrestricted 5,000
    FRIENDS OF THE MEDAL OF HONOR GROVE
    PO BOX 243
    VALLEY FORGE,PA19481     		N/A PC General & Unrestricted 15,000
    g Moreno
    7737 SW 88TH ST BLDG C APT 304
    Miami,FL33156     		none I scholarship grant 2,447
    g Moreno
    7737 SW 88TH ST BLDG C APT 304
    Miami,FL33156     		none I scholarship grant 901
    g Moreno
    7737 SW 88TH ST BLDG C APT 304
    Miami,FL33156     		none I scholarship grant 2,305
    HABITAT FOR HUMANITY INTERNATIONAL INC
    616 PARRIS ISLAND GTWY
    BEAUFORT,SC29906     		N/A PC Brays Island Habitat House Project 1,458
    HABITAT FOR HUMANITY INTERNATIONAL INC DBA HABITAT
    3800 NW 22ND AVE
    MIAMI,FL33142     		N/A PC General & Unrestricted 100,000
    IMMACULATA LA SALLE HIGH SCHOOL INC
    3601 S MIAMI AVE
    MIAMI,FL33133     		N/A PC General & Unrestricted 15,000
    JACKSON HEALTH FOUNDATION INC
    1500 NW 12TH AVE STE 1117
    MIAMI,FL33136     		N/A PC Guardian Angels Program 1,000
    JOSE MARTI FOUNDATION INC
    1118 S GREENWAY DR
    CORAL GABLES,FL33134     		N/A PC General & Unrestricted 50,000
    j Gonzalez
    9121 SW 48TH ST
    Miami,FL33165     		none I scholarship grant 3,500
    KRISTI HOUSE INC
    1265 NW 12TH AVE
    MIAMI,FL33136     		N/A PC General & Unrestricted 10,000
    LIGA CONTRA EL CANCER INC LEAGUE AGAINST CANCER IN
    2180 SW 12TH AVE
    MIAMI,FL33129     		N/A PC General & Unrestricted 400,000
    LOTUS ENDOWMENT FUND INC
    3921 ALTON RD STE 470
    MIAMI BEACH,FL33140     		N/A SO II Endowment Fund 20,000
    MAKE A WISH FOUNDATION OF SOUTHERN FLORIDA INC
    4491 S STATE RD 7 STE 201
    DAVIE,FL33314     		N/A PC General & Unrestricted 15,000
    MARIAN CENTER CHARITABLE TRUST
    15701 NW 37TH AVE
    OPA LOCKA,FL33054     		N/A SO II General & Unrestricted 50,000
    MEDICAL STUDENTS IN ACTION INC
    7401 SW 53RD CT
    MIAMI,FL33143     		N/A PC General & Unrestricted 10,000
    MIAMI CITY BALLET INC
    2200 LIBERTY AVE
    MIAMI BEACH,FL33139     		N/A PC Ballet Bus Program 10,000
    MIAMI LAKES UNITED SOCCER CLUB INC
    6645 NW 178TH TER
    HIALEAH,FL33015     		N/A PC General & Unrestricted 2,000
    MINDO FUTURES INC
    3500 E GLENCOE ST
    MIAMI,FL33133     		N/A PC Charitable Event 1,150
    MINDO FUTURES INC
    3500 E GLENCOE ST
    MIAMI,FL33133     		N/A PC Scholarship fund 10,000
    MISSION INTERNATIONAL RESCUE CHARITIES INC
    626 N DIXIE HWY
    WEST PALM BCH,FL33401     		N/A PC General & Unrestricted 10,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 3RD AVE
    NEW YORK,NY10017     		N/A PC Charitable Event 2,000
    NICKLAUS CHILDREN'S HOSPITAL
    6300 NW 27TH AVE
    MIAMI,FL33147     		N/A GOV General & Unrestricted 10,000
    NU DECO ENSEMBLE INC
    404 NW 26TH ST
    MIAMI,FL33127     		N/A PC General & Unrestricted 25,000
    OUR LADY OF LOURDES ACADEMY
    5525 SW 84TH ST
    MIAMI,FL33143     		N/A PC Tuition Assistance Fund 5,000
    j ortiz
    2250 BLVD LUIS A FERRE STE 523
    PONCE,PR00717     		none I scholarship grant 4,194
    SOCIETY OF SAINT VINCENT DE PAUL ARCHDIOCESAN COUN
    PO BOX 8307
    POMPANO BEACH,FL33075     		N/A PC General & Unrestricted 10,000
    SOUTH FLORIDA NATIONAL PARK TRUST
    1390 S DIXIE HWY STE 2203
    CORAL GABLES,FL33146     		N/A PC General & Unrestricted 1,400
    SOUTH FLORIDA PROGRESS FOUNDATION INC
    1601 BISCAYNE BLVD
    MIAMI,FL33132     		N/A PC General & Unrestricted 2,500
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    5201 BLUE LAGOON DR STE 650
    MIAMI,FL33126     		N/A PC General & Unrestricted 1,200
    SUNDARI FOUNDATION INC
    217 NW 15TH ST
    MIAMI,FL33136     		N/A PC General & Unrestricted 300
    THE MIAMI FOUNDATION INC
    40 NW 3RD ST STE 305
    MIAMI,FL33128     		N/A PC General & Unrestricted 500,000
    THE MIAMI FOUNDATION INC
    40 NW 3RD ST STE 305
    MIAMI,FL33128     		N/A PC The Ortega Foundation Donor Advised Fund 200,000
    k mora
    220 holmes/hunter academic bldg
    ATHENS,GA30602     		none I scholarship grant 3,500
    URBANPROMISE MIAMI INC
    985 NW 1ST ST
    MIAMI,FL33128     		N/A PC General & Unrestricted 55,000
    WOMEN OF TOMORROW MENTOR AND SCHOLARSHIP PROGRAM I
    8400 NW 36TH ST STE 450
    DORAL,FL33166     		N/A PC General & Unrestricted 5,000
    YEAR UP INC
    45 MILK ST 9TH FL
    BOSTON,MA02109     		N/A PC General & Unrestricted 10,000
    Total .................................bullet 3a 1,869,355
    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 21,116  
    4 Dividends and interest from securities....     14 831,310  
    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     16 186,646  
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 2,355,540  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aINTEREST ON NOTES RECEIVABLE     		    14 27,431  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   3,422,043  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,422,043
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2018 DepreciationSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND - 1660 & 1690 2016-07-08 3,426,864   L          
    LAND - 6222 CLARCO 2009-09-19 630,000   L          
    FENCE-29003 S DIXI 2013-08-05 13,194 3,645 SL 15 843 843 843  
    LAND - 29003 SOUTH 2011-12-31 1,000,000   L          

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM - 2.800% - 08/22/20 90,565 91,364
    AMERICAN EXPRESS CREDIT MTN - 283,304 279,973
    ANHEUSER BUSCH - 2.650% - 02/0 62,784 61,954
    ANHEUSER BUSCH COS INC - 4.900 124,357 102,940
    ANHEUSER BUSCH INBEV BOND - 3. 59,010 53,730
    APPLE - 2.850% - 05/06/2021 59,940 60,073
    APPLE INC - 2.850% - 05/11/202 228,413 222,446
    APPLE INC NOTE - 2.400% - 05/0 62,869 62,941
    BANK OF MONTREAL MTN BOND - 3. 54,807 54,973
    BB&T CORP SR MEDIUM TERM NTS M 226,602 221,189
    CAPITAL ONE FINL CORP NOTE - 3 42,902 40,663
    CISCO SYSTEMS INC - 4.450% - 0 198,860 188,887
    CITIGROUP INC NOTE - 2.900% - 61,008 60,014
    CITIGROUP INC NOTE - 3.668% - 42,267 39,699
    CITIGROUP INC SR NT - 4.500% - 105,728 110,570
    COMCAST CORP - 3.450% - 10/01/ 66,026 66,669
    CVS HEALTH CORP - 3.350% - 03/ 55,102 54,843
    DOWDUPONT INC NOTE CALL - 3.76 77,243 77,755
    ENTERPRISE PROD - 3.750% - 02/ 60,235 57,389
    GENERAL MOTORS - 3.550% - 04/0 227,826 223,874
    GOLDMAN SACHS GROUP INC - 5.25 80,221 82,009
    GOLDMAN SACHS GROUP INC NOTE - 219,437 207,570
    JP MORGAN CHASE - 3.540% - 05/ 48,467 45,767
    JPMORGAN CHASE & CO SR NT - 4. 66,997 63,117
    KINDER MORGAN ENERGY PARTNERS 57,323 56,973
    MICROSOFT CORP - 2.400% - 02/0 71,139 70,182
    MORGAN STANLEY - 2.625% - 11/1 109,471 107,164
    MORGAN STANLEY - 4.375% - 01/2 123,770 118,564
    NORTHROP GRUMMAN CORP NOTE - 2 59,081 57,091
    ORACLE CORP - 2.800% - 07/08/2 87,321 86,578
    ROYAL BANK OF CANADA BOND - 3. 139,961 139,986
    U S BANCORP - 3.150% - 04/27/2 46,235 46,941
    U S BANCORP MTNS BK - 2.625% - 116,288 114,238
    UNION PAC CORP - 3.950% - 09/1 121,058 120,933
    UNITED HEALTH GP - 3.350% - 07 69,341 68,311
    UNITED TECHNOLOGIES CORP - 3.6 78,318 77,694
    VERIZON COMMUNICATIONS - 4.600 56,063 53,687
    VISA INC NOTE - 2.800% - 12/14 227,863 224,151
    WALMART INC - 3.400% - 06/26/2 282,585 284,889
    WELLS FARGO CO - 3.500% - 03/0 106,229 98,517
    WELLS FARGO CO MTN BE - 3.300% 86,317 83,191

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 95,996 107,846
    ABBVIE INC 29,455 34,663
    AES CORP 60,273 62,597
    ALLY FINANCIAL INC 56,221 46,634
    ALPHABET INC CL A 46,466 145,249
    ALPHABET INC CL C 73,031 140,843
    ALTRIA GROUP INC 267,281 233,269
    AMCOR LTD 65,260 51,224
    AMER INTERNATIONAL GROUP INC 166,587 116,102
    ANADARKO PETROLEUM CORP 48,293 29,767
    ANSELL LTD SP ADR 16,943 17,958
    ANTA SPORTS PRODUC UNSP ADR EA 11,506 18,394
    ANTHEM INC 84,916 159,679
    APPLE INC 232,109 335,040
    ARKEMA S/ADR 181,038 123,391
    ASML HOLDING NV NY REG SHS 52,350 53,378
    ASSOCIATED BRITISH FOODS PLC 131,763 108,337
    ASTRAZENECA 128,070 168,859
    AXA ADS 154,551 125,452
    AXA EQUITABLE HOLDINGS, INC. 34,042 32,262
    BAE SYSTEMS PLC 32,825 27,636
    BAIDU.COM - ADR 205,068 137,348
    BANCO BILBAO ARG SA 183,248 131,880
    BANCO ITAU HOLDING FINANCIERA 43,940 57,893
    BANK OF CHINA UNSP/ADR 95,100 80,122
    BATS SERIES M PORTFOLIO 1,095,614 1,074,376
    BAXTER INTERNATIONAL INC 70,923 84,645
    BIOGEN INC 107,394 114,049
    BIOMARIN PHARMACEUTICAL INC 109,349 105,586
    BLACKROCK ALLOCATION TARGET SH 153,186 148,998
    BP PLC SPONSORED ADR 242,402 218,874
    BRITISH AMERICAN TOBACCO PLC 52,512 37,404
    BURBERRY GROUP PLC 114,024 107,228
    CARDINAL HEALTH INC 31,750 19,579
    CARNIVAL CORP 76,452 73,753
    CDW CORP 71,702 118,657
    CENTENE CORP 54,906 83,131
    CHARLES SCHWAB CORP 49,002 45,019
    CHEVRON CORP 113,439 103,351
    CISCO SYSTEMS INC 195,721 272,112
    CITIGROUP INC 243,924 240,309
    CITIZENS FINANCIAL GROUP, INC 9,953 11,862
    COGNIZANT TECHNOLOGY SOLUTIONS 189,585 173,554
    COMCAST CORP 169,380 250,336
    COMPAGNIE FINANCIERE RICHEMONT 85,885 74,001
    CRH PLC - AMERICAN DEPOSITARY 50,039 37,733
    CVS CAREMARK CORP 73,164 60,803
    D R HORTON 88,707 93,894
    DBS GROUP HLDGS SPON ADR 19,765 24,890
    DELL TECHNOLOGIES INC CLASS C 28,974 31,028
    DELTA AIR LINES INC 90,852 93,163
    DEUTSCHE POST AG 49,848 40,284
    DEVON ENERGY CORPORATION 57,452 32,976
    DIAGEO PLC ADS 77,985 92,595
    DISH NETWORK CORPORATION 76,274 57,880
    DOLLAR GENERAL CORP 130,485 146,232
    DOWDUPONT INC 150,518 144,717
    E*TRADE FINANCIAL CORP 75,854 72,709
    EMERSON ELECTRIC CO 80,661 65,725
    ENGIE 227,072 214,614
    EQUINIX, INC 173,700 151,248
    FIRST ENERGY CORP 162,126 197,438
    FOMENTO ECONOMICO MEXICANO 158,258 149,125
    FORTIVE CORPORATION 67,689 67,660
    FREEPORT-MCMORAN COPPER & GOLD 71,083 48,519
    GALLAGHER ARTHUR J & CO 34,364 35,450
    GENUINE PARTS COMPANY 49,868 53,483
    GILEAD SCIENCES INC 88,172 65,803
    GLAXOSMITHKLINE PLC 52,210 44,973
    GLENCORE XSTRATA PLC ADR 84,020 71,814
    GOLDMAN SACHS GROUP 82,460 68,491
    HARTFORD FINANCIALSERVICES GRO 45,058 36,182
    HEINEKEN N V S ADR 23,407 23,568
    HESS CORP 43,983 39,326
    HONEYWELL INTL 42,115 65,664
    HUMANA INC 141,121 182,201
    ICICI BK LTD ADS 127,758 160,864
    IMPERIAL BRANDS PL 72,009 48,832
    INDUSTRIA DE DISENO 151,626 113,729
    INTERNATIONAL PAPER CO 68,828 62,114
    INTESA SANPAOLO SPA 142,902 119,103
    JAPAN TOBACCO INC 26,734 18,322
    JOHNSON & JOHNSON 45,159 50,588
    JOHNSON CONTROLS INTERNATIONAL 74,315 60,575
    JP MORGAN CHASE 219,832 450,419
    KAR AUCTION SERVICES INC 71,239 62,179
    KELLOGG CO 52,964 48,344
    KONE OYJ 51,417 52,070
    KONINKLIJKE DSM NV ADR 174,640 155,374
    KONINKLIJKE PHILIPS ELECTRONIC 142,743 143,951
    LABORATORY CORP AMER HLDGS 101,304 94,012
    LENNAR CORP 48,755 38,602
    LOCKHEED MARTIN CORP 41,655 47,131
    LOWES COMPANIES INC 124,044 180,933
    M&T BANK CORP 21,041 25,048
    MARATHON OIL CORP COM 83,122 54,994
    MARATHON PETROLEUM CORP 59,105 63,731
    MARSH AND MCLENNAN COMPANIES I 42,275 50,083
    MATTELL INC 33,222 17,053
    MCKESSON CORP 82,728 59,764
    MEDTRONIC PLC 113,166 128,254
    MERCK & CO INC 95,839 142,810
    METLIFE INC 150,824 130,817
    MICROSOFT CORP 240,569 473,418
    MITSUI FUDOSAN CO 115,000 99,449
    MONDELEZ INTERNATIONAL INC 52,507 48,396
    MORGAN STANLEY 81,544 110,346
    MOTOROLA SOLUTIONS INC 34,096 63,617
    NESTLE S.A 48,643 52,948
    NEXTERA ENERGY, INC 32,517 62,575
    NORFOLK SOUTHERN CORP 96,431 127,259
    NORTHROP GRUMMAN CORP 22,115 47,021
    NOVARTIS AG ADR 220,454 221,304
    NOVO NORDISK A S 157,112 146,272
    O'REILLY AUTOMOTIVE INC 75,648 86,771
    OMRON CORP S/ADR 155,500 121,695
    ONEOK INC 89,014 73,156
    ORACLE CORP 140,227 161,863
    PACKAGING CORP AMER 38,262 55,417
    PAYCHEX 19,628 18,307
    PEPSICO INC 113,395 118,435
    PFIZER INC 391,213 522,447
    PHILIP MORRIS INTL 50,032 36,918
    PING AN INSURANCE GROUP ADR 168,428 152,649
    PROCTER GAMBLE CO 80,312 90,449
    PT BK MANDIR PRS UNSP/ADR 78,968 80,304
    PUBLIC SVC ENTERPRISE GROUP IN 67,394 81,666
    QUALCOMM INC 66,492 70,227
    REGIONS FINANCIAL CORP 73,549 65,749
    RELX PLC 18,326 18,324
    ROCHE HOLDING LTD ADR 181,326 187,412
    ROGERS COMM CL B 53,498 66,382
    SANOFI-AVENTIS SPONSORED ADR 60,680 54,914
    SCHNEIDER ELEC UNSP/ADR 30,411 23,755
    SEA LTD 71,253 64,841
    SGS SA UNSP ADR 18,655 16,688
    SONIC HEALTHCARE LTD SHS 23,046 24,649
    SONY CORP ADR 92,463 114,375
    STATE STREET CORPORATION 71,741 54,934
    SUNCOR ENERGY INC 446,543 366,575
    SUNTRUST BKS INC 99,807 121,308
    SVENSKA HANDELSBK UNS ADR 35,345 29,437
    TAIWAN SEMICONDUCTOR MFG CO LT 178,474 191,747
    TELUS CORP 64,438 63,993
    TEXAS INSTRUMENTS INC 13,634 13,136
    THE COCA-COLA CO 53,301 59,282
    THE JM SMUCKER COMPANY 71,500 53,850
    TOTAL FINA ELF S.A 43,409 44,562
    TRAVELERS COMPANIES INC 50,798 59,636
    TREND MICRO INCORPORATED ADS 77,514 78,551
    UNILEVER N V N Y 110,071 116,369
    UNION PACIFIC 28,313 43,404
    UNITED PARCEL SERVICE 16,323 16,190
    UNITED TECHNOLOGIES CORP 38,513 35,564
    UNITEDHEALTH GROUP INC 83,428 205,524
    URBAN OUTFITTERS, INC 24,552 39,541
    US BANCORP 117,987 145,555
    VERIZON COMMUNICATIONS 229,541 278,120
    WAL-MART STORES INC 122,371 146,991
    WELLS FARGO & CO 296,031 307,123
    WILLIAMS COS 138,557 112,764

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    US Government Securities - End of Year Book Value:

    6,249,053
    US Government Securities - End of Year Fair Market Value:

    6,246,070
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsLandSchedule2
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND - 1660 & 1690 3,426,864   3,426,864 3,425,000
    LAND - 6222 CLARCO 630,000   630,000 298,432
    FENCE-29003 S DIXI        
    LAND - 29003 SOUTH        

    TY 2018 OtherExpensesSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 70,000     70,000
    Bank Charges 6,313 6,313    
    Property insurance 3,081 3,081    
    Property Maintenance 2,100 2,100    


    TY 2018 OtherIncomeSchedule2
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INTEREST ON NOTES RECEIVABLE 27,431 27,431  


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

    TY 2018 OtherNotesLoansRcvblLongSch
    Name:
    Ortega Foundation
    EIN:
    65-0014714

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    NOTE REC - MIYAKO USA INC   850,000 490,000 2012-12 2027-02 MONTHLY PRINCIPAL & INTEREST 525 % INVENTORY & EQUIPMENT INVESTMENT N/A  

    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 157,474 157,474    


    TY 2018 TaxesSchedule
    Name:
    Ortega Foundation
    EIN:
    65-0014714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 23,800      
    990-PF Extension for 2017 20,271      
    Foreign Tax Paid 23,636 23,636    
    Property Taxes 15,707 15,707