TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
THE BANKS SCHOLARSHIP TRUST-MAIN

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

47-7129676

B Telephone number (see instructions)

(800) 352-3705

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$1,686,861J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	60,740
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	43,643		42,243
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		171,636
b	Gross sales price for all assets on line 6a 1,291,243
7	Capital gain net income (from Part IV, line 2)...			171,636
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		9,099
12	Total. Add lines 1 through 11........	285,118		213,879
13	Compensation of officers, directors, trustees, etc.	14,175		11,340		2,835
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....		1,264	1,264		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,096	1,096		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		6,504	414		6,090
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,039		14,114	0	9,925
25	Contributions, gifts, grants paid.......	87,000				87,000
26	Total expenses and disbursements. Add lines 24 and 25	111,039		14,114	0	96,925
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	174,079
b	Net investment income (if negative, enter -0-)			199,765
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	84,607	94,584	94,584
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	102,981
	b	Investments—corporate stock (attach schedule).......	1,017,346
	c	Investments—corporate bonds (attach schedule).......	341,495
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		1,669,458	1,592,277
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,546,429	1,764,042	1,686,861
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	1,546,429	1,764,042
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	1,546,429	1,764,042
	31	Total liabilities and net assets/fund balances (see instructions).	1,546,429	1,764,042

Part III

Analysis of Changes in Net Assets or Fund Balances

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

1,546,429

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

174,079

Other increases not included in line 2 (itemize) bullet

46,425

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

1,766,933

Decreases not included in line 2 (itemize) bullet

2,891

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

1,764,042

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	69. CONVATEC GROUP PLC-UNSP ADR			2018-01-10
b	70.09 FHLMC POOL #G08669 4.000% 9/01/45		2016-03-10	2018-01-15
c	109.47 FHLMC POOL #G08669 4.000% 9/01/45			2018-01-15
d	59.89 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-01-15
e	65.88 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-01-15
	117.19 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-01-15
	25.11 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-01-15
	14. FANUC LTD ADR		2016-03-15	2018-01-17
	38. FANUC LTD ADR		2016-03-15	2018-01-24
	31. RELX PLC		2016-03-15	2018-01-24
	3. THE CHILDREN'S PLACE INC		2017-10-17	2018-01-25
	81. DEAN FOODS CO			2018-01-25
	17. DEAN FOODS CO		2017-09-06	2018-01-25
	137. DENNYS CORP		2016-02-17	2018-01-25
	222.84 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-01-25
	103.9 FNMA POOL #BM2000 3.500% 5/01/47			2018-01-25
	60. SANMINA CORP		2016-02-17	2018-01-25
	6. SANMINA CORP		2017-09-06	2018-01-25
	7. DEUTSCHE POST AG ADR			2018-01-29
	15. SONY CORPORATION - ADR		2016-03-15	2018-01-29
	3000. MCDONALD'S CORP 2.750% 12/09/20		2016-02-29	2018-02-05
	267. KONINKLIJKE KPN N.V. - ADR		2016-03-15	2018-02-14
	79.16 FHLMC POOL #G08669 4.000% 9/01/45		2016-03-10	2018-02-15
	124.98 FHLMC POOL #G08669 4.000% 9/01/45			2018-02-15
	59.97 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-02-15
	65.97 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-02-15
	23.47 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-02-15
	109.55 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-02-15
	31. CDW CORP/DE			2018-02-20
	134. TORO CO		2017-06-05	2018-02-20
	171.46 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-02-25
	95.78 FNMA POOL #BM2000 3.500% 5/01/47			2018-02-25
	13. DAIWA HOUSE IND LTD ADR		2016-03-15	2018-03-06
	55.63 FHLMC POOL #G08669 4.000% 9/01/45		2016-03-10	2018-03-15
	87.82 FHLMC POOL #G08669 4.000% 9/01/45			2018-03-15
	55.92 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-03-15
	61.51 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-03-15
	19.69 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-03-15
	91.88 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-03-15
	74. BIOTELEMETRY INC		2016-02-17	2018-03-16
	132. CROSS CTRY HEALTHCARE INC		2017-02-01	2018-03-16
	128. GRAPHIC PACKAGING HLDGCO		2016-02-17	2018-03-16
	8. INSPERITY INC		2016-06-06	2018-03-16
	5. J2 GLOBAL INC		2017-09-06	2018-03-16
	22. J2 GLOBAL INC			2018-03-16
	2. NUVASIVE INC		2017-09-06	2018-03-16
	35. NUVASIVE INC		2016-02-17	2018-03-16
	2. QTS REALTY TRUST INC-CL A		2017-09-06	2018-03-16
	33. QTS REALTY TRUST INC-CL A		2016-02-17	2018-03-16
	70. US SILICA HOLDINGS INC		2017-08-14	2018-03-16
	11. UNIVERSAL INSURANCE HOLDINGS I		2016-08-25	2018-03-16
	82. WEB.COM GROUP INC		2016-04-22	2018-03-16
	1. TRINSEO SA		2017-09-06	2018-03-16
	3. TRINSEO SA		2016-02-17	2018-03-16
	145. CDW CORP/DE			2018-03-20
	153. DOWDUPONT INC			2018-03-20
	33. GILEAD SCIENCES INC			2018-03-20
	78. GILEAD SCIENCES INC			2018-03-20
	15. LOWES COS INC		2017-09-07	2018-03-20
	106. LOWES COS INC			2018-03-20
	6. NORTHROP GRUMMAN CORP		2016-04-12	2018-03-20
	2. NORTHROP GRUMMAN CORP		2017-09-07	2018-03-20
	129.13 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-03-25
	90.85 FNMA POOL #BM2000 3.500% 5/01/47			2018-03-25
	86.23 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-04-15
	94.85 FHLMC POOL #G08669 4.000% 9/01/45			2018-04-15
	74.43 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-04-15
	67.66 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-04-15
	25.54 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-04-15
	119.2 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-04-15
	25. STATOIL ASA ADR		2016-11-04	2018-04-17
	9. CONTINENTAL AG-SPONS ADR		2016-03-15	2018-04-19
	11. TOKYO ELECTION LTD-UNSP ADR		2017-03-28	2018-04-19
	11. MAKITA CORPORATION - ADR			2018-04-20
	5000. US TREASURY NOTE 2.125% 9/30/21		2016-02-18	2018-04-20
	3149.67 TREAS INFL IND BD 1.000% 2/15/46		2016-04-18	2018-04-24
	130.71 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-04-25
	104.85 FNMA POOL #BM2000 3.500% 5/01/47			2018-04-25
	12. COMCAST CORP CLASS A		2017-09-07	2018-05-03
	248. COMCAST CORP CLASS A			2018-05-03
	26. NETAPP INC		2017-01-11	2018-05-03
	69.2 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-05-15
	76.12 FHLMC POOL #G08669 4.000% 9/01/45			2018-05-15
	68.59 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-05-15
	75.45 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-05-15
	24.41 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-05-15
	113.92 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-05-15
	15. UNILEVER PLC - ADR		2016-03-15	2018-05-16
	15. CARLSBERG AS-B-SPON ADR		2016-03-15	2018-05-18
	13. CARLSBERG AS-B-SPON ADR		2017-08-24	2018-05-18
	5000. US TREASURY NOTE 1.625% 7/31/19		2016-02-18	2018-05-22
	125.99 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-05-25
	118.34 FNMA POOL #BM2000 3.500% 5/01/47			2018-05-25
	28.08 FNMA POOL #MA3210 3.500% 11/01/47		2018-04-20	2018-05-25
	1581.395 PIMCO FOREIGN BD FD USD H-INST #103			2018-06-04
	1140. SPDR DJ WILSHIRE INTERNATIONAL REAL		2016-03-08	2018-06-04
	990. VANGUARD REIT VIPER			2018-06-04
	39. CIRRUS LOGIC INC		2016-02-17	2018-06-06
	12. THE GREENBRIER COMPANIES, INC.		2016-02-17	2018-06-06
	119. HERITAGE INSURANCE HOLDINGS IN			2018-06-06
	3. ICU MED INC COM		2016-02-17	2018-06-06
	11. INSPERITY INC		2016-06-06	2018-06-06
	186. MIMEDX GROUP INC		2017-12-04	2018-06-06
	46. NUTRI SYS INC		2016-02-17	2018-06-06
	86. RPX CORP		2016-02-17	2018-06-06
	10. RUTH'S HOSPITALITY GROUP		2017-09-06	2018-06-06
	12. RUTH'S HOSPITALITY GROUP		2016-02-17	2018-06-06
	5. SYNEOS HEALTH INC		2017-09-06	2018-06-06
	36. SYNEOS HEALTH INC		2016-02-17	2018-06-06
	124. THIRD POINT REINSURANCE LTD		2017-12-04	2018-06-06
	27. DEUTSCHE POST AG ADR		2017-08-10	2018-06-12
	99.82 FHLMC POOL #G08669 4.000% 9/01/45			2018-06-15
	90.74 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-06-15
	91.33 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-06-15
	83.02 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-06-15
	26.17 FHLMC POOL #G60440 3.500% 3/01/46		2017-11-08	2018-06-15
	122.13 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-06-15
	.1578 FERGUSON PLC-ADR		2016-03-15	2018-06-20
	90.75 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-06-25
	119.18 FNMA POOL #BM2000 3.500% 5/01/47			2018-06-25
	33.17 FNMA POOL #MA3210 3.500% 11/01/47		2018-04-20	2018-06-25
	16. CENTENE CORP DEL		2016-04-12	2018-07-03
	160. DELTA AIR LINES INC			2018-07-03
	10. DELTA AIR LINES INC		2017-09-07	2018-07-03
	26. NETAPP INC		2017-01-11	2018-07-03
	66. STANLEY BLACK DECKER INC		2016-09-13	2018-07-03
	29. TOKYO ELECTION LTD-UNSP ADR		2017-03-28	2018-07-03
	88.19 FHLMC POOL #G08669 4.000% 9/01/45			2018-07-15
	80.17 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-07-15
	81.83 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-07-15
	74.39 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-07-15
	130.9 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-07-15
	46.75 FHLMC POOL #G60440 3.500% 3/01/46			2018-07-15
	99.45 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-07-25
	123.52 FNMA POOL #BM2000 3.500% 5/01/47			2018-07-25
	30.18 FNMA POOL #MA3210 3.500% 11/01/47		2018-04-20	2018-07-25
	62. AETNA INC-NEW			2018-08-09
	24. CENTENE CORP DEL			2018-08-09
	134. LINCOLN NATL CORP IND		2016-02-17	2018-08-09
	121. RAYMOND JAMES FINL INC		2017-11-13	2018-08-09
	126. TYSON FOODS INC CL A DEL		2017-12-15	2018-08-09
	12. VMWARE INC		2017-03-02	2018-08-09
	79.07 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-08-15
	86.98 FHLMC POOL #G08669 4.000% 9/01/45			2018-08-15
	77.62 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-08-15
	85.38 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-08-15
	129.97 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-08-15
	46.42 FHLMC POOL #G60440 3.500% 3/01/46			2018-08-15
	1965.409 FID ADV EMER MKTS INC- CL I 607		2016-04-11	2018-08-17
	5598.117 MORGN STANLY INSTL FD INTL EQ #8063		2016-04-11	2018-08-17
	1425.662 PRINCIPAL INV R/E SEC-IS FUND 4934		2018-06-08	2018-08-17
	97. ABBOTT LABS		2017-11-13	2018-08-22
	49. ABBVIE INC		2018-03-20	2018-08-22
	78. AGILENT TECHNOLOGIES INC		2017-09-07	2018-08-22
	5. ALPHABET INC/CA			2018-08-22
	37. AMERICAN TOWER REIT		2017-06-05	2018-08-22
	27. AMGEN INC			2018-08-22
	34. APPLE INC			2018-08-22
	10. APPLE INC		2017-09-07	2018-08-22
	81. APPLIED INDL TECHNOLOGIES INC COM		2018-02-20	2018-08-22
	58. AVERY DENNISON CORP			2018-08-22
	204. BANK OF AMERICA CORP		2017-01-11	2018-08-22
	86. BAXTER INTL INC		2017-12-15	2018-08-22
	45. CENTENE CORP DEL			2018-08-22
	169. CENTERPOINT ENERGY INC		2017-09-07	2018-08-22
	41. CHEVRON CORP		2016-06-14	2018-08-22
	124. CISCO SYSTEMS INC		2018-03-20	2018-08-22
	128. CITIZENS FINANCIAL GROUP INC		2017-01-11	2018-08-22
	31. COSTCO WHOLESALE CORP		2018-03-20	2018-08-22
	31. CUMMINS INC.		2017-11-13	2018-08-22
	63. EMCOR GROUP INC COM		2016-12-13	2018-08-22
	75. ENCOMPASS HEALTH CORP		2018-08-09	2018-08-22
	51. EVERCORE PARTNERS INC		2018-07-03	2018-08-22
	77. EXPEDITORS INTL WASH INC		2018-07-03	2018-08-22
	51. EXXON MOBIL CORPORATION			2018-08-22
	126. GENERAL MOTORS CO			2018-08-22
	260. HP INC		2017-05-04	2018-08-22
	26. HOME DEPOT INC			2018-08-22
	12. HOME DEPOT INC		2017-09-07	2018-08-22
	180. HUNTSMAN CORP		2018-03-20	2018-08-22
	109. INTEL CORP			2018-08-22
	65. JPMORGAN CHASE & CO			2018-08-22
	172. JABIL CIRCUIT INC COM			2018-08-22
	38. JOHNSON & JOHNSON		2017-08-01	2018-08-22
	35. LEAR CORP			2018-08-22
	175. MACY'S INC		2018-05-03	2018-08-22
	70. MICROSOFT CORP			2018-08-22
	102. NETAPP INC		2017-01-11	2018-08-22
	53. NORTHERN TRUST CORP		2018-08-09	2018-08-22
	17. NORTHROP GRUMMAN CORP			2018-08-22
	30. NVIDIA CORP		2016-04-12	2018-08-22
	246. ON SEMICONDUCTOR CORP		2017-11-13	2018-08-22
	95. PROGRESSIVE CORP OHIO		2018-08-09	2018-08-22
	77. PROLOGIS INC		2016-09-13	2018-08-22
	45. PRUDENTIAL FINL INC			2018-08-22
	85. SYSCO CORP		2016-06-14	2018-08-22
	54. TJX COMPANIES INC		2016-09-13	2018-08-22
	87. TARGET CORP		2017-09-07	2018-08-22
	30. UNITEDHEALTH GROUP INC			2018-08-22
	60. VALERO ENERGY CORP			2018-08-22
	47. VMWARE INC		2017-03-02	2018-08-22
	60. WAL MART STORES INC		2016-10-31	2018-08-22
	42. ZEBRA TECHNOLOGIES CORP CL A		2018-08-09	2018-08-22
	5000. BP CAPITAL MARKETS 3.588% 4/14/27		2017-03-30	2018-08-23
	3000. BANK OF AMERICA CORP 4.125% 1/22/24		2016-02-26	2018-08-23
	4000. VR CITIGROUP INC 3.668% 7/24/28		2017-09-21	2018-08-23
	23. CONTINENTAL AG-SPONS ADR			2018-08-23
	2000. ENTERPRISE PRODUCTS 5.700% 2/15/42		2016-02-26	2018-08-23
	5883.6 FHLMC POOL #G08669 4.000% 9/01/45			2018-08-23
	5301.65 FHLMC POOL #G08669 4.000% 9/01/45		2017-08-23	2018-08-23
	8792.86 FHLMC POOL #G08737 3.000% 11/01/46		2017-08-23	2018-08-23
	9672.13 FHLMC POOL #G08737 3.000% 11/01/46		2016-12-08	2018-08-23
	3798.45 FHLMC POOL #G60440 3.500% 3/01/46			2018-08-23
	10635.53 FHLMC POOL #G60440 3.500% 3/01/46		2016-05-09	2018-08-23
	2838.91 FNMA POOL #BM1285 4.500% 5/01/47		2018-07-09	2018-08-23
	6677.36 FNMA POOL #BM1285 4.500% 5/01/47		2017-05-18	2018-08-23
	12169.82 FNMA POOL #BM2000 3.500% 5/01/47			2018-08-23
	4764.17 FNMA POOL #MA3210 3.500% 11/01/47		2018-04-20	2018-08-23
	3000. GENERAL ELEC CAP COR 5.875% 1/14/38		2016-02-26	2018-08-23
	3000. GOLDMAN SACHS GROUP 4.000% 3/03/24		2016-02-26	2018-08-23
	5000. JPMORGAN CHASE & CO 4.400% 7/22/20		2016-02-26	2018-08-23
	140. WESTERN ASSET SMASH SERIES C FD		2018-05-23	2018-08-23
	3765. WESTERN ASSET SMASH SERIES C FD		2016-02-18	2018-08-23
	5640. WESTERN ASSET SMASH SERIES M FD		2016-02-18	2018-08-23
	2000. MCDONALD'S CORP 2.750% 12/09/20		2016-02-29	2018-08-23
	4000. MICROSOFT CORP 4.250% 2/06/47		2017-11-02	2018-08-23
	2000. VR MORGAN STANLEY 3.591% 7/22/28		2017-09-21	2018-08-23
	5000. UNITED MEXICAN STATE 3.500% 1/21/21		2016-02-26	2018-08-23
	7000. US TREASURY BOND 3.375% 5/15/44		2016-02-18	2018-08-23
	5000. US TREASURY BOND 3.000% 5/15/45		2016-02-18	2018-08-23
	2000. US TREASURY NOTE 2.750% 2/15/28		2018-04-24	2018-08-23
	5000. US TREASURY NOTE 2.125% 9/30/21		2016-02-18	2018-08-23
	2000. US TREASURY NOTE 2.125% 9/30/21		2018-02-05	2018-08-23
	3000. US TREASURY NOTE 1.625% 7/31/19		2016-02-18	2018-08-23
	4000. VERIZON COMMUNICATIO 5.150% 9/15/23		2016-02-26	2018-08-23
	128.8 FNMA POOL #BM1285 4.500% 5/01/47		2018-07-09	2018-08-25
	111.45 FNMA POOL #BM2000 3.500% 5/01/47		2018-04-09	2018-08-25
	36.57 FNMA POOL #MA3210 3.500% 11/01/47		2018-04-20	2018-08-25
	145. ACCO BRANDS CORP		2016-12-06	2018-08-27
	29. ADVANCED ENERGY INDS INC		2016-09-23	2018-08-27
	46. APPFOLIO INC		2017-09-06	2018-08-27
	30. APPLIED INDL TECHNOLOGIES INC COM			2018-08-27
	175. EXTERRAN HOLDINGS INC		2018-06-06	2018-08-27
	1. ARGAN INC		2017-09-06	2018-08-27
	32. ARGAN INC		2016-02-17	2018-08-27
	231. ASHFORD HOSPITALITY TRUST		2016-02-17	2018-08-27
	41. BIG LOTS INC		2017-10-17	2018-08-27
	90. BROOKS AUTOMATION INC		2017-07-05	2018-08-27
	79. C&J ENERGY SERVICES INC		2018-03-16	2018-08-27
	47. CATALENT INC		2018-03-16	2018-08-27
	17. THE CHILDREN'S PLACE INC		2017-10-17	2018-08-27
	117. CORCEPT THERAPEUTICS INC		2017-09-06	2018-08-27
	68. COVENANT TRANSPORTATION GROUP, INC		2018-06-06	2018-08-27
	29. EMCOR GROUP INC COM		2016-02-17	2018-08-27
	3. EMCOR GROUP INC COM		2018-01-25	2018-08-27
	4. ENCOMPASS HEALTH CORP		2018-01-25	2018-08-27
	38. ENCOMPASS HEALTH CORP		2016-02-17	2018-08-27
	23. ENPRO INDS INC		2018-01-25	2018-08-27
	26. EVERCORE PARTNERS INC		2016-02-17	2018-08-27
	47. BOND STREET HOLDINGS LLC		2016-02-17	2018-08-27
	4. FIRST MERCHANTS CORP COM		2017-09-06	2018-08-27
	49. FIRST MERCHANTS CORP COM		2017-02-01	2018-08-27
	85. GEO GROUP INC/THE			2018-08-27
	3. GEO GROUP INC/THE		2017-09-06	2018-08-27
	41. THE GREENBRIER COMPANIES, INC.		2016-02-17	2018-08-27
	9. HACKETT GROUP INC		2017-09-06	2018-08-27
	112. HACKETT GROUP INC		2016-02-17	2018-08-27
	267. HELIX ENERGY SOLUTIONS INC		2018-06-06	2018-08-27
	51. HOULIHAN LOKEY INC		2017-03-17	2018-08-27
	7. ICU MED INC COM		2016-02-17	2018-08-27
	25. INSPERITY INC			2018-08-27
	97. KEMET CORP		2017-07-05	2018-08-27
	17. LCI INDUSTRIES			2018-08-27
	70. LOUISIANA PAC CORP		2018-06-06	2018-08-27
	18. MKS INSTRS INC		2018-06-06	2018-08-27
	24. MAGELLAN HEALTH, INC		2017-08-14	2018-08-27
	2. MAGELLAN HEALTH, INC		2017-09-06	2018-08-27
	42. MANTECH INTERNATIONAL CORP		2017-12-04	2018-08-27
	40. MASTEC INC COM		2018-03-16	2018-08-27
	39. MATERION CORP		2018-03-16	2018-08-27
	40. METHODE ELECTRON INC COMMON		2016-02-17	2018-08-27
	5. NRG YIELD INC		2017-09-06	2018-08-27
	117. NRG YIELD INC		2017-03-17	2018-08-27
	72. NATIONAL GENERAL HOLDINGS CORP		2016-02-17	2018-08-27
	14. NATIONAL GENERAL HOLDINGS CORP		2017-09-06	2018-08-27
	113. ORASURE TECHNOLOGIES INC		2017-07-05	2018-08-27
	35. ORTHOFIX MEDICAL INC		2018-03-16	2018-08-27
	41. RUSH ENTERPRISES INC		2018-01-25	2018-08-27
	77. RUTH'S HOSPITALITY GROUP		2016-02-17	2018-08-27
	53. SP PLUS CORP		2017-09-06	2018-08-27
	17. SANDERSON FARMS INC		2016-12-06	2018-08-27
	1. SANDERSON FARMS INC		2017-09-06	2018-08-27
	42. SKECHERS U S A INC			2018-08-27
	104. SPARK ENERGY INC			2018-08-27
	15. SUNCOKE ENERGY INC		2017-09-06	2018-08-27
	146. SUNCOKE ENERGY INC		2016-12-06	2018-08-27
	2. SUPERNUS PHARMACEUTICALS INC		2017-09-06	2018-08-27
	56. SUPERNUS PHARMACEUTICALS INC		2016-02-17	2018-08-27
	17. SYNNEX CORP		2018-03-16	2018-08-27
	37. TENNECO INC		2018-03-16	2018-08-27
	50. TIVITY HEALTH INC		2018-03-16	2018-08-27
	53. TOWER INTERNATIONAL INC		2016-02-17	2018-08-27
	8. ULTRA CLEAN HLDGS INC		2017-09-06	2018-08-27
	86. ULTRA CLEAN HLDGS INC		2017-08-14	2018-08-27
	86. UMPQUA HOLDINGS CORP		2018-06-06	2018-08-27
	13. UNIFIRST CORP MASS		2016-02-17	2018-08-27
	63. UNIVERSAL INSURANCE HOLDINGS I			2018-08-27
	41. WINNEBAGO INDS INC		2018-01-25	2018-08-27
	84. ZUMIEZ INC		2018-06-06	2018-08-27
	134. BRIGHTSPHERE INVESTMENT GROU		2017-03-23	2018-08-27
	31. TRINSEO SA		2016-02-17	2018-08-27
	19. MICHELIN (CGDE) ADR			2018-08-30
	2. MICHELIN (CGDE) ADR		2017-06-22	2018-08-30
	3. ASHTEAD GROUP PLC-UNSPON ADR		2016-03-15	2018-09-06
	4. SHIRE PLC ADR			2018-09-06
	28. VINCI SA ADR		2016-03-15	2018-09-06
	.25 RIGHTMOVE PLC-UNSP ADR		2018-08-27	2018-09-10
	112. GENERAL MOTORS CO		2016-02-17	2018-09-19
	4. UNITEDHEALTH GROUP INC		2016-02-17	2018-09-19
	26. SONY CORPORATION - ADR		2016-03-15	2018-09-21
	111. KDDI CORP-UNSPONSORED ADR		2016-03-15	2018-10-02
	21. VALEO - ADR			2018-10-04
	71. EXPEDITORS INTL WASH INC		2018-07-03	2018-10-16
	13. FRESENIUS SE & CO-SPN ADR		2018-06-27	2018-10-18
	20. FRESENIUS SE & CO-SPN ADR		2016-03-15	2018-10-18
	60. VALEO - ADR		2016-03-15	2018-11-02
	14. WOLTERS KLUWER NV - ADR		2016-03-15	2018-11-06
	29. BRITISH AMERICAN TOBACCO P.L.C - ADR			2018-11-20
	24. DAIWA HOUSE IND LTD ADR		2016-03-15	2018-11-21
	29. BRITISH AMERICAN TOBACCO P.L.C - ADR		2016-03-15	2018-11-28
	3. SHIRE PLC ADR		2017-01-25	2018-11-29
	8695.652 T ROWE CORPORATE INCOME FD #112		2018-08-31	2018-12-06
	75. FRESENIUS SE & CO-SPN ADR		2016-03-15	2018-12-11
	13. SHIRE PLC ADR		2016-03-15	2018-12-17
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	722	1,161	-439
b	70	75	-5
c	109	116	-7
d	60	61	-1
e	66	66
	117	124	-7
	25	26	-1
	409	220	189
	1,068	596	472
	710	565	145
	470	310	160
	869	1,671	-802
	182	191	-9
	2,085	1,322	763
	223	242	-19
	104	107	-3
	1,611	1,218	393
	161	220	-59
	336	314	22
	730	367	363
	3,016	3,092	-76
	837	1,084	-247
	79	85	-6
	125	133	-8
	60	61	-1
	66	66
	23	24	-1
	110	116	-6
	2,206	1,276	930
	8,319	9,309	-990
	171	186	-15
	96	99	-3
	472	358	114
	56	60	-4
	88	93	-5
	56	57	-1
	62	61	1
	20	20
	92	97	-5
	2,484	734	1,750
	1,553	1,969	-416
	1,958	1,505	453
	560	295	265
	417	370	47
	1,834	1,628	206
	103	123	-20
	1,805	1,406	399
	75	108	-33
	1,244	1,347	-103
	1,830	1,775	55
	357	258	99
	1,620	1,627	-7
	79	68	11
	236	78	158
	10,882	5,404	5,478
	10,223	7,457	2,766
	2,542	2,391	151
	6,008	7,114	-1,106
	1,288	1,157	131
	9,102	7,413	1,689
	2,082	1,201	881
	694	532	162
	129	140	-11
	91	94	-3
	86	92	-6
	95	101	-6
	74	74
	68	68
	26	27	-1
	119	126	-7
	633	405	228
	485	386	99
	512	297	215
	499	363	136
	4,910	5,207	-297
	3,158	3,140	18
	131	142	-11
	105	108	-3
	371	493	-122
	7,675	7,310	365
	1,748	923	825
	69	74	-5
	76	81	-5
	69	69
	75	75
	24	25	-1
	114	121	-7
	825	669	156
	333	277	56
	289	297	-8
	4,954	5,106	-152
	126	137	-11
	118	122	-4
	28	28
	17,000	16,075	925
	45,946	45,022	924
	78,961	76,926	2,035
	1,461	1,292	169
	588	316	272
	2,004	2,092	-88
	876	272	604
	1,065	405	660
	1,529	2,158	-629
	1,663	935	728
	899	838	61
	272	192	80
	326	202	124
	219	284	-65
	1,577	1,433	144
	1,678	2,050	-372
	941	1,085	-144
	100	107	-7
	91	96	-5
	91	91
	83	84	-1
	26	27	-1
	122	129	-7
	1	1
	91	98	-7
	119	123	-4
	33	33
	2,000	945	1,055
	7,842	7,387	455
	490	474	16
	2,034	923	1,111
	8,747	7,937	810
	1,208	782	426
	88	94	-6
	80	85	-5
	82	82
	74	75	-1
	131	139	-8
	47	48	-1
	99	108	-9
	124	127	-3
	30	30
	12,022	6,566	5,456
	3,312	1,386	1,926
	8,954	4,755	4,199
	11,014	10,062	952
	7,521	10,255	-2,734
	1,837	1,083	754
	79	84	-5
	87	93	-6
	78	78
	85	85
	130	138	-8
	46	48	-2
	25,000	25,306	-306
	96,344	82,012	14,332
	35,000	33,360	1,640
	6,372	5,355	1,017
	4,787	5,577	-790
	5,128	5,078	50
	6,037	3,530	2,507
	5,467	4,873	594
	5,346	4,110	1,236
	7,322	3,520	3,802
	2,154	1,621	533
	6,304	5,841	463
	6,176	3,969	2,207
	6,317	4,657	1,660
	6,208	5,620	588
	6,477	2,553	3,924
	4,696	5,050	-354
	4,891	4,159	732
	5,707	5,524	183
	5,276	4,629	647
	7,105	5,767	1,338
	4,493	5,244	-751
	5,090	4,572	518
	6,161	5,916	245
	5,563	5,436	127
	5,733	5,631	102
	4,079	4,231	-152
	4,553	3,742	811
	6,373	4,893	1,480
	5,183	3,347	1,836
	2,392	1,887	505
	5,782	5,492	290
	5,130	3,266	1,864
	7,474	3,847	3,627
	4,869	3,415	1,454
	5,115	5,044	71
	5,824	3,702	2,122
	6,573	5,509	1,064
	7,496	3,694	3,802
	8,426	3,621	4,805
	5,751	5,902	-151
	5,052	3,201	1,851
	7,880	1,061	6,819
	5,147	5,321	-174
	6,347	5,939	408
	5,010	3,954	1,056
	4,444	3,011	1,433
	6,374	4,123	2,251
	5,702	4,022	1,680
	7,422	5,090	2,332
	7,833	3,606	4,227
	6,949	3,592	3,357
	7,218	4,242	2,976
	5,736	4,206	1,530
	7,134	6,823	311
	4,975	5,033	-58
	3,070	3,127	-57
	3,838	4,034	-196
	833	940	-107
	2,284	1,926	358
	5,999	6,284	-285
	5,406	5,634	-228
	8,518	8,886	-368
	9,370	9,649	-279
	3,781	3,887	-106
	10,586	11,274	-688
	2,952	2,993	-41
	6,944	7,237	-293
	12,117	12,538	-421
	4,743	4,744	-1
	3,445	3,788	-343
	3,031	3,098	-67
	5,121	5,377	-256
	1,326	1,337	-11
	35,655	33,772	1,883
	60,517	60,066	451
	1,990	2,061	-71
	4,276	4,469	-193
	1,911	2,005	-94
	5,000	5,158	-158
	7,518	8,142	-624
	5,033	5,390	-357
	1,988	1,961	27
	4,919	5,207	-288
	1,968	1,980	-12
	2,979	3,064	-85
	4,299	4,503	-204
	129	136	-7
	111	112	-1
	37	36	1
	1,810	1,903	-93
	1,719	1,343	376
	3,762	2,000	1,762
	2,317	1,942	375
	2,245	2,027	218
	40	63	-23
	1,289	999	290
	1,469	837	632
	2,023	2,111	-88
	2,704	2,011	693
	1,888	2,039	-151
	2,030	1,968	62
	2,298	1,758	540
	1,596	1,974	-378
	1,991	2,130	-139
	2,320	1,332	988
	240	248	-8
	324	213	111
	3,081	1,197	1,884
	1,736	2,085	-349
	2,854	1,239	1,615
	2,445	1,460	985
	194	153	41
	2,373	1,900	473
	2,128	1,165	963
	75	80	-5
	2,453	1,080	1,373
	183	123	60
	2,275	1,523	752
	2,451	2,078	373
	2,431	1,694	737
	2,134	636	1,498
	2,909	920	1,989
	2,567	1,312	1,255
	1,610	1,697	-87
	2,057	2,119	-62
	1,695	2,124	-429
	1,822	1,905	-83
	152	160	-8
	2,744	2,179	565
	1,703	1,992	-289
	2,480	2,124	356
	1,625	1,084	541
	102	84	18
	2,380	1,703	677
	1,985	1,398	587
	386	233	153
	1,835	2,033	-198
	1,868	2,097	-229
	1,781	2,224	-443
	2,393	1,295	1,098
	2,119	1,985	134
	1,834	1,447	387
	108	149	-41
	1,246	1,345	-99
	950	1,660	-710
	172	142	30
	1,672	1,840	-168
	89	93	-4
	2,496	761	1,735
	1,661	2,145	-484
	1,666	2,036	-370
	1,651	2,028	-377
	1,870	1,116	754
	116	183	-67
	1,244	1,980	-736
	1,852	2,105	-253
	2,394	1,325	1,069
	2,831	1,443	1,388
	1,590	2,184	-594
	2,472	2,225	247
	1,707	1,933	-226
	2,427	806	1,621
	457	573	-116
	48	54	-6
	363	142	221
	672	677	-5
	653	508	145
	3	3
	4,008	3,268	740
	1,058	469	589
	1,491	637	854
	1,524	1,482	42
	395	552	-157
	4,802	5,192	-390
	228	261	-33
	350	351	-1
	999	1,488	-489
	800	548	252
	1,013	1,710	-697
	729	660	69
	1,016	1,700	-684
	518	500	18
	77,913	80,000	-2,087
	850	1,316	-466
	2,214	2,029	185
			27,834

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			-439
b			-5
c			-7
d			-1
e
			-7
			-1
			189
			472
			145
			160
			-802
			-9
			763
			-19
			-3
			393
			-59
			22
			363
			-76
			-247
			-6
			-8
			-1

			-1
			-6
			930
			-990
			-15
			-3
			114
			-4
			-5
			-1
			1

			-5
			1,750
			-416
			453
			265
			47
			206
			-20
			399
			-33
			-103
			55
			99
			-7
			11
			158
			5,478
			2,766
			151
			-1,106
			131
			1,689
			881
			162
			-11
			-3
			-6
			-6


			-1
			-7
			228
			99
			215
			136
			-297
			18
			-11
			-3
			-122
			365
			825
			-5
			-5


			-1
			-7
			156
			56
			-8
			-152
			-11
			-4

			925
			924
			2,035
			169
			272
			-88
			604
			660
			-629
			728
			61
			80
			124
			-65
			144
			-372
			-144
			-7
			-5

			-1
			-1
			-7

			-7
			-4

			1,055
			455
			16
			1,111
			810
			426
			-6
			-5

			-1
			-8
			-1
			-9
			-3

			5,456
			1,926
			4,199
			952
			-2,734
			754
			-5
			-6


			-8
			-2
			-306
			14,332
			1,640
			1,017
			-790
			50
			2,507
			594
			1,236
			3,802
			533
			463
			2,207
			1,660
			588
			3,924
			-354
			732
			183
			647
			1,338
			-751
			518
			245
			127
			102
			-152
			811
			1,480
			1,836
			505
			290
			1,864
			3,627
			1,454
			71
			2,122
			1,064
			3,802
			4,805
			-151
			1,851
			6,819
			-174
			408
			1,056
			1,433
			2,251
			1,680
			2,332
			4,227
			3,357
			2,976
			1,530
			311
			-58
			-57
			-196
			-107
			358
			-285
			-228
			-368
			-279
			-106
			-688
			-41
			-293
			-421
			-1
			-343
			-67
			-256
			-11
			1,883
			451
			-71
			-193
			-94
			-158
			-624
			-357
			27
			-288
			-12
			-85
			-204
			-7
			-1
			1
			-93
			376
			1,762
			375
			218
			-23
			290
			632
			-88
			693
			-151
			62
			540
			-378
			-139
			988
			-8
			111
			1,884
			-349
			1,615
			985
			41
			473
			963
			-5
			1,373
			60
			752
			373
			737
			1,498
			1,989
			1,255
			-87
			-62
			-429
			-83
			-8
			565
			-289
			356
			541
			18
			677
			587
			153
			-198
			-229
			-443
			1,098
			134
			387
			-41
			-99
			-710
			30
			-168
			-4
			1,735
			-484
			-370
			-377
			754
			-67
			-736
			-253
			1,069
			1,388
			-594
			247
			-226
			1,621
			-116
			-6
			221
			-5
			145

			740
			589
			854
			42
			-157
			-390
			-33
			-1
			-489
			252
			-697
			69
			-684
			18
			-2,087
			-466
			185

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	171,636
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

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

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

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

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

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	94,196	1,755,263	0.053665
2016	5,519	1,615,790	0.003416
2015
2014
2013

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

0.057081

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.028541

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

1,783,088

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

50,891

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

1,998

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

52,889

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

96,925

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

Form 990-PF (2018)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,998
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,998
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,998
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	804
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	804
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,194
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(800) 352-3705

Located at bullet

100 NORTH MAIN STREET D4001-117WINSTON SALEMNC ZIP+4 bullet

27150

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)
WELLS FARGO BANK NA	TRUSTEE 1	14,175
100 NORTH MAIN STREET WINSTON SALEM,NC27101	TRUSTEE 1	14,175
BOB HARRIS	COMMITTEE CHAIR 1	0
3280 PEACHTREE RD NE ATLANTA,GA30305	COMMITTEE CHAIR 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

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)

Page 8

Part X

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

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

purposes:

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

1,718,404

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

91,838

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

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

1,810,242

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

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

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

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

1,810,242

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

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

27,154

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

1,783,088

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

89,154

Part XI

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

and do not complete this part.)

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

89,154

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

1,998

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

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

1,998

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

87,156

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

12,000

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

99,156

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

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

99,156

Part XII

Qualifying Distributions (see instructions)

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

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

96,925

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

96,925

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

1,998

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

94,927

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

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					99,156
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	8,035
fTotal of lines 3a through e........		8,035
4Qualifying distributions for 2018 from Part
XII, line 4: $ 96,925
a Applied to 2017, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....					96,925
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		2,231			2,231
(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		5,804
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		5,804
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	5,804
e Excess from 2018....

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

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.

NONE

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

Check here bullet

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

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

THE BANKS SCHOLARSHIP TRUST
4320 WADE HAMPTON BLVD
TAYLORS,SC29687
(972) 250-8888
www.csascholars.org

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

www.csascholars.org

cAny submission deadlines:

MARCH 25

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

SEE WEBSITE

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
GEORGIA SOUTHERN UNIVERISTY 1332 SOUTHERN DR STATESBORO,GA30458	NONE	I	SCHOLARSHIP	15,200
UNIVERSITY OF GEORGIA 101 HERTY DRIVE ATHENS,GA30602	NONE	I	SCHOLARSHIP	30,200
COLLEGE OF COSTAL GEORGIA 1 COLLEGE DR BRUNSWICK,GA31520	NONE	I	SCHOLARSHIP	5,000
AUGUSTA UNIVERSITY 1481 LANEY WALKER BLVD AUGUSTA,GA30912	NONE	I	SCHOLARSHIP	3,800
UNIVERSITY NORTH GEORGIA 82 COLLEGE CIR DAHLONEGA,GA30597	NONE	I	SCHOLARSHIP	3,800
ABRAHAM BALDWIN AGRICULTURAL 2802 MOORE HWY TIFTON,GA31793	NONE	I	SCHOLARSHIP	3,800
GORDON STATE COLLEGE 419 COLLEGE DR BARNESVILLE,GA30204	NONE	I	SCHOLARSHIP	3,800
LAGRANGE COLLEGE 601 BROAD ST LAGRANGE,GA30240	NONE	I	SCHOLARSHIP	8,800
GEORGIA INSTITUE OF TECHNOLOGY NORTH AVE NW ATLANTA,GA30332	NONE	I	SCHOLARSHIP	5,000
MERCER UNIVERSITY 1501 MERCER UNIVERSITY DR MACON,GA31207	NONE	I	SCHOLARSHIP	3,800
KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW,GA30144	NONE	I	SCHOLARSHIP	3,800
Total ................................. 3a				87,000

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	43,643
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	171,636
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	9,099
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				224,378

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

224,378

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization THE BANKS SCHOLARSHIP TRUST-MAIN

Part I	Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	ESTATE OF GILBERT A BANKS JR 100 NORTH MAIN ST WINSTON SALEM, NC27101	$ 60,740	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Name of organization THE BANKS SCHOLARSHIP TRUST-MAIN		Employer identification number 47-7129676

Part II	Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	500 SHARES OF IBM STOCK	$ 60,740	2018-11-30
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Name of Bond	End of Year Book Value	End of Year Fair Market Value
0258M0EB1 AMERICAN EXPRESS CRE
06051GFB0 BANK OF AMERICA CORP
172967GL9 CITIGROUP INC
20030NBB6 COMCAST CORP
29379VAV5 ENTERPRISE PRODUCTS
315920702 FID ADV EMER MKTS IN
36962G3P7 GENERAL ELEC CAP COR
375558BD4 GILEAD SCIENCES INC
38141GVM3 GOLDMAN SACHS GROUP
46625HHS2 JPMORGAN CHASE & CO
52470G742 WESTERN ASSET SMASH
52470G759 WESTERN ASSET SMASH
58013MEX8 MCDONALD'S CORP
693390882 PIMCO FOREIGN BD FD
91086QBD9 UNITED MEXICAN STATE
922031760 VANGUARD HIGH YIELD
92343VBR4 VERIZON COMMUNICATIO
05565QDM7 BP CAPITAL MARKETS
172967LP4 VR CITIGROUP INC
594918CA0 MICROSOFT CORP
61744YAK4 VR MORGAN STANLEY

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
217204106 COPART INC COM	AT COST	10,300	7,693
562750109 MANHATTAN ASSOCIATES	AT COST	1,931	1,441
60786M105 MOELIS & CO	AT COST	5,430	3,163
74164M108 PRIMERICA INC	AT COST	8,848	7,231
73278L105 POOL CORPORATION	AT COST	5,538	5,054
92927K102 WABCO HOLDINGS INC	AT COST	6,684	5,796
12514G108 CDW CORP/DE	AT COST	7,985	7,376
665859104 NORTHERN TRUST CORP	AT COST	5,482	4,012
722005667 PIMCO COMMODITY REAL	AT COST	35,000	30,535
060505104 BANK AMER CORP	AT COST	4,063	4,386
00846U101 AGILENT TECHNOLOGIES	AT COST	4,492	4,655
29977A105 EVERCORE PARTNERS IN	AT COST	5,009	3,363
55616P104 MACY'S INC	AT COST	4,974	4,705
928563402 VMWARE INC	AT COST	3,881	5,897
31502A204 FERGUSON PLC-ADR	AT COST	1,652	1,815
783513203 RYANAIR HOLDINGS PLC	AT COST	1,887	1,498
927320101 VINCI SA ADR	AT COST	1,641	1,907
74144Q203 T ROWE PRICE INST EM	AT COST	130,797	139,164
00770G847 JOHCM INTERNATIONAL	AT COST	50,000	43,656
879360105 TELEDYNE TECHNOLOGIE	AT COST	9,171	8,076
76657Y101 RIGHTMOVE PLC-UNSP A	AT COST	7,781	6,333
002824100 ABBOTT LABORATORIES	AT COST	4,803	6,293
256210105 DODGE & COX INCOME F	AT COST	78,000	77,824
459200101 INTERNATIONAL BUSINE	AT COST	93,803	56,835
67066G104 NVIDIA CORP	AT COST	955	3,605
22160K105 COSTCO WHOLESALE COR	AT COST	5,023	5,500
02079K107 ALPHABET INC/CA	AT COST	3,488	5,178
40434L105 HP INC	AT COST	4,234	4,604
56585A102 MARATHON PETROLEUM C	AT COST	5,091	3,777
59410T106 MICHELIN (CGDE) ADR	AT COST	1,866	1,450
904767704 UNILEVER PLC - ADR	AT COST	1,974	2,351
136375102 CANADIAN NATL RR CO	AT COST	1,252	1,482
78392U105 RYOHIN KEIKAKU CO-UN	AT COST	2,270	2,598
485537401 KAO CORP	AT COST	1,187	1,416
204319107 COMPAGNIE FINANCIERE	AT COST	913	897
79588J102 SAMPO OYJ-A SHS-UNSP	AT COST	2,623	2,525
922907803 VANGUARD SHRT-TRM TA	AT COST	80,000	79,968
922031760 VANGUARD HIGH YIELD	AT COST	110,000	106,949
77954Q403 T ROWE PRICE BLUE CH	AT COST	250,000	211,346
045327103 ASPEN TECHNOLOGY INC	AT COST	7,903	5,753
384109104 GRACO INC	AT COST	6,266	5,817
741511109 PRICESMART INC	AT COST	4,504	3,251
40418F108 HFF INC	AT COST	5,287	3,847
05278C107 AUTOHOME INC-ADR	AT COST	11,375	10,639
053611109 AVERY DENNISON CORP	AT COST	3,388	4,671
071813109 BAXTER INTL INC COM	AT COST	4,966	5,002
231021106 CUMMINS INC.	AT COST	4,737	3,742
458140100 INTEL CORP	AT COST	2,846	4,552
466313103 JABIL CIRCUIT INC CO	AT COST	2,870	3,768
931142103 WAL MART STORES INC	AT COST	3,716	4,937
30231G102 EXXON MOBIL CORPORAT	AT COST	3,580	3,000
744320102 PRUDENTIAL FINL INC	AT COST	2,679	3,344
03027X100 AMERICAN TOWER REIT	AT COST	4,346	5,220
01973R101 ALLISON TRANSMISSION	AT COST	5,540	4,654
23304Y100 DBS GROUP HOLDINGS L	AT COST	1,602	2,092
29446M102 EQUINOR ASA-SPON ADR	AT COST	777	1,016
03524A108 ANHEUSER-BUSCH INBEV	AT COST	3,446	2,172
92852T201 VIVENDI SA-UNSPON AD	AT COST	2,580	2,439
786584102 SAFRAN SA-UNSPON ADR	AT COST	2,734	3,019
90348R102 UBISOFT ENTERTAIN-UN	AT COST	1,684	1,633
031162100 AMGEN INC	AT COST	3,243	4,283
037833100 APPLE COMPUTER INC C	AT COST	3,787	6,152
74256W584 PRINCIPAL MIDCAP FUN	AT COST	164,710	177,641
666807102 NORTHROP GRUMMAN COR	AT COST	2,810	3,674
87612E106 TARGET CORP	AT COST	4,505	5,089
91324P102 UNITEDHEALTH GROUP I	AT COST	2,579	5,481
46625H100 JPMORGAN CHASE & CO	AT COST	3,425	5,662
521865204 LEAR CORP	AT COST	3,261	3,809
74435K204 PRUDENTIAL PLC - ADR	AT COST	3,365	3,183
G5960L103 MEDTRONIC PLC	AT COST	3,227	3,547
928662501 VOLKSWAGEN AG-UNSP A	AT COST	2,590	2,310
86562M209 SUMITOMO TRUST AND B	AT COST	2,058	2,077
234062206 DAIWA HOUSE IND LTD	AT COST	1,954	2,258
74256W568 PRINCIPAL REAL EST S	AT COST	41,640	38,881
743315103 PROGRESSIVE CORP OHI	AT COST	5,501	5,309
872540109 TJX COS INC NEW	AT COST	3,575	4,295
560877300 MAKITA CORPORATION -	AT COST	1,808	2,075
66987V109 NOVARTIS AG - ADR	AT COST	3,566	4,033
775109200 ROGERS COMMUNICATION	AT COST	2,336	2,358
001317205 AIA GROUP LTD - SP A	AT COST	1,964	1,874
780259206 ROYAL DUTCH SHELL PL	AT COST	2,998	3,438
20449X401 COMPASS GROUP PLC AD	AT COST	2,395	2,675
46429B655 ISHARES FLOATING RAT	AT COST	50,016	49,302
45672B305 INFORMA PLC-SP ADR	AT COST	1,213	984
87944W105 TELENOR ASA - ADR	AT COST	1,794	2,092
000375204 ABB LTD	AT COST	1,842	1,350
867224107 SUNCOR ENERGY INC NE	AT COST	2,453	2,098
74256W485 PRINCIPAL PREFERRED	AT COST	50,000	46,997
316389584 FIDELITY ADV INTER R	AT COST	45,000	40,511
038336103 APTARGROUP INC	AT COST	2,407	2,164
262037104 DRIL-QUIP INC COM	AT COST	4,932	2,853
03820C105 APPLIED INDL TECHNOL	AT COST	5,192	3,884
G0408V102 AON PLC	AT COST	1,997	2,907
756568101 RED ELECTRICA COR-UN	AT COST	2,530	2,652
17275R102 CISCO SYSTEMS INC	AT COST	5,034	4,896
91913Y100 VALERO ENERGY CORP	AT COST	3,039	3,973
29261A100 ENCOMPASS HEALTH COR	AT COST	5,522	4,319
682189105 ON SEMICONDUCTOR COR	AT COST	4,737	3,616
174610105 CITIZENS FINANCIAL G	AT COST	4,051	3,330
166764100 CHEVRON CORP	AT COST	3,550	3,808
00373L102 ABN AMRO GROUP NV-UN	AT COST	1,926	1,509
437076102 HOME DEPOT INC	AT COST	4,012	5,670
478160104 JOHNSON & JOHNSON	AT COST	4,513	4,388
871829107 SYSCO CORP	AT COST	3,541	4,574
989207105 ZEBRA TECHNOLOGIES C	AT COST	6,173	6,051
15189T107 CENTERPOINT ENERGY I	AT COST	4,452	4,206
74340W103 PROLOGIS INC	AT COST	3,492	3,993
64110D104 NETAPP INC	AT COST	3,301	5,549
500458401 KOMATSU LIMITED - AD	AT COST	914	1,163
045055100 ASHTEAD GROUP PLC-UN	AT COST	474	839
088606108 BHP BILLITON LIMITED	AT COST	1,771	3,380
G1151C101 ACCENTURE PLC	AT COST	2,798	3,243
759530108 RELX PLC	AT COST	2,544	2,606
045387107 ASSA ABLOY AB-UNSP A	AT COST	2,931	2,626
142795202 CARLSBERG AS-B-SPON	AT COST	1,514	1,743
31641Q763 FIDELITY NEW MRKTS I	AT COST	34,686	33,734
N22717107 CORE LABORATORIES N	AT COST	1,841	955
426281101 HENRY JACK & ASSOC I	AT COST	4,099	3,290
891092108 TORO CO	AT COST	3,492	3,185
679580100 OLD DOMINION FREIGHT	AT COST	7,479	6,175
594918104 MICROSOFT CORP	AT COST	3,235	6,297
15135B101 CENTENE CORP DEL	AT COST	2,326	4,727
447011107 HUNTSMAN CORP	AT COST	4,973	3,144
00287Y109 ABBVIE INC	AT COST	5,121	4,149
803054204 SAP AG - ADR	AT COST	3,178	3,584
372303206 GENMAB A/S -SP ADR	AT COST	623	494
977874205 WOLTERS KLUWER NV -	AT COST	1,818	2,758
65558R109 NORDEA BANK ABP - SP	AT COST	2,557	1,795
83569C102 SONOVA HOLDIN-UNSPON	AT COST	925	754
257651109 DONALDSON CO INC	AT COST	2,843	2,473
303075105 FACTSET RESH SYS INC	AT COST	4,711	4,203
749607107 RLI CORP COM	AT COST	2,011	1,794
57060D108 MARKETAXESS HLDGS IN	AT COST	3,755	4,226
75524B104 RBC BEARINGS INC	AT COST	4,526	3,933
04316A108 ARTISAN PARTNERS ASS	AT COST	3,323	2,189
29084Q100 EMCOR GROUP INC COM	AT COST	4,209	3,462
693390882 PIMCO FOREIGN BD FD	AT COST	13,911	14,654

Description	Amount
PY RETURN OF CAPITAL ADJUSTMENT	1,364
RECOVERY OF GRANTS PAID	12,000
EXCESS FMV OVER COST OF ASSETS CONTRIB.	33,061


Name of organization THE BANKS SCHOLARSHIP TRUST-MAIN			Employer identification number 47-7129676
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Name of Stock	End of Year Book Value	End of Year Fair Market Value
00081T108 ACCO BRANDS CORP
001055102 AFLAC INC
00507G102 ACTELION LTD-UNSP AD
007973100 ADVANCED ENERGY INDS
00817Y108 AETNA INC-NEW
009158106 AIR PRODS & CHEMS IN
02079K107 ALPHABET INC CL C
031162100 AMGEN INC
032359309 AMTRUST FINANCIAL SE
03524A108 ANHEUSER-BUSCH INBEV
037833100 APPLE INC
04010E109 ARGAN INC
044103109 ASHFORD HOSPITALITY
045055100 ASHTEAD GROUP PLC-UN
045387107 ASSA ABLOY AB-UNSP A
045519402 ASSOC BRITISH FOODS-
053611109 AVERY DENNISON CORP
05970D106 BANCA MEDIOLANUM SPA
088606108 BHP BILLITON LIMITED
090672106 BIOTELEMETRY INC
110448107 BRITISH AMERICAN TOB
12514G108 CDW CORP/DE
126650100 CVS HEALTH CORPORATI
136375102 CANADIAN NATL RR CO
139098107 CAPGEMINI SA ADR
142795202 CARLSBERG AS-B-SPON
15135B101 CENTENE CORP DEL
166764100 CHEVRON CORP
172755100 CIRRUS LOGIC INC
199908104 COMFORT SYS USA INC
20030N101 COMCAST CORP CLASS A
204319107 COMPAGNIE FINANCIERE
20449X302 COMPASS GROUP PLC -
210771200 CONTINENTAL AG-SPONS
234062206 DAIWA HOUSE IND LTD
242370203 DEAN FOODS CO
247361702 DELTA AIR LINES INC
248019101 DELUXE CORP
24869P104 DENNYS CORP
260543103 DOW CHEMICAL CO
26168L205 DREW INDUSTRIES INC
285512109 ELECTRONIC ARTS INC
29084Q100 EMCOR GROUP INC COM
292218104 EMPLOYERS HOLDINGS I
29414D100 ENVISION HEALTHCARE
29977A105 EVERCORE INC
30231G102 EXXON MOBIL CORPORAT
30255G103 FCB FINANCIAL HOLDIN
307305102 FANUC CORPORATION AD
31422T101 FEDERATED NATIONAL H
344849104 FOOT LOCKER INC
35804M105 FRESENIUS SE & CO-SP
361592108 GEA GROUP AG ADR
36162J106 GEO GROUP INC/THE
37045V100 GENERAL MOTORS CO
37518B102 GIGAMON INC
375558103 GILEAD SCIENCES INC
38141G104 GOLDMAN SACHS GROUP
388689101 GRAPHIC PACKAGING HL
393657101 THE GREENBRIER COMPA
40412C101 HCA HOLDINGS INC
404609109 HACKETT GROUP INC
421924309 HEALTHSOUTH REHABILI
42727J102 HERITAGE INSURANCE H
437076102 HOME DEPOT INC
446150104 HUNTINGTON BANCSHARE
44930G107 ICU MED INC COM
45329R109 INC RESEARCH HOLDING
45672B305 INFORMA PLC-SP ADR
45685L100 INFRAREIT INC
45772F107 INPHI CORP
45778Q107 INSPERITY INC
458140100 INTEL CORP
46625H100 JPMORGAN CHASE & CO
466313103 JABIL INC
471105205 JAPAN TOBACCO INC-UN
48123V102 J2 GLOBAL INC
48241F104 KBC GROEP NV-UNSP AD
48667L106 KDDI CORP-UNSPONSORE
500458401 KOMATSU LIMITED - AD
501044101 KROGER CO
521865204 LEAR CORP
534187109 LINCOLN NATL CORP IN
535678106 LINEAR TECHNOLOGY CO
548661107 LOWES COS INC
560877300 MAKITA CORPORATION -
576853105 MATRIX SVC CO
57776J100 MAXLINEAR INC
58155Q103 MCKESSON CORP
58933Y105 MERCK & CO INC NEW
591520200 METHODE ELECTRON INC
594918104 MICROSOFT CORP
61744J408 MORGN STANLY INSTL F
636220303 NATIONAL GENERAL HOL
666807102 NORTHROP GRUMMAN COR
66987V109 NOVARTIS AG - ADR
67066G104 NVIDIA CORP
67069D108 NUTRI SYS INC
670704105 NUVASIVE INC
71714F104 PHARMERICA CORP
72348P104 PINNACLE FOODS INC
74144Q203 T ROWE PRICE INST EM
74253Q747 PRINCIPAL MIDCAP FD-
74340W103 PROLOGIS INC
744320102 PRUDENTIAL FINL INC
74435K204 PRUDENTIAL PLC - ADR
74736A103 QTS REALTY TRUST INC
74972G103 RPX CORP
756568101 RED ELECTRICA COR-UN
759530108 RELX PLC ADR
780259206 ROYAL DUTCH SHELL PL
780641205 KONINKLIJKE KPN N.V.
783332109 RUTH'S HOSPITALITY G
783513203 RYANAIR HOLDINGS PLC
78392U105 RYOHIN KEIKAKU CO-UN
78463X863 SPDR DJ WILSHIRE INT
79588J102 SAMPO OYJ-A SHS-UNSP
800013104 SANDERSON FARMS INC
801056102 SANMINA CORP
803054204 SAP SE ADR
81619Q105 SELECT MEDICAL HOLDI
81783H105 SEVEN & I HOLDINGS C
82481R106 SHIRE PLC ADR
830566105 SKECHERS U S A INC
830879102 SKYWEST INC
831756101 SMITH & WESSON HLDG
83404D109 SOFTBANK GROUP CORP-
835699307 SONY CORPORATION - A
846511103 SPARK ENERGY INC
848574109 SPIRIT AEROSYTSEMS H
854502101 STANLEY BLACK & DECK
85771P102 STATOIL ASA ADR
86562M209 SUMITOMO TRUST AND B
867224107 SUNCOR ENERGY INC NE
86722A103 SUNCOKE ENERGY INC
867914103 SUNTRUST BANKS INC
868459108 SUPERNUS PHARMACEUTI
870195104 SWEDBANK AB ADR
871829107 SYSCO CORP
872540109 TJX COMPANIES INC
87944W105 TELENOR ASA - ADR
881624209 TEVA PHARMACEUTICAL
88166T101 TESSERA HOLDING CORP
891826109 TOWER INTERNATIONAL
904708104 UNIFIRST CORP MASS
904767704 UNILEVER PLC - ADR
910710102 UNITED INSURANCE HOL
91324P102 UNITEDHEALTH GROUP I
91359V107 UNIVERSAL INSURANCE
919134304 VALEO - ADR
91913Y100 VALERO ENERGY CORP
922908553 VANGUARD REIT VIPER
927320101 VINCI SA ADR
929566107 WABASH NATL CORP
931142103 WAL MART STORES INC
94733A104 WEB.COM GROUP INC
977868306 WOLSELEY PLC ADR
977874205 WOLTERS KLUWER NV -
981560105 WORLDPAY GROUP PLC-U
98401F105 XENCOR INC
G0408V102 AON PLC
G1151C101 ACCENTURE PLC
G5753U112 MAIDEN HOLDINGS LTD
G81276100 SIGNET JEWELERS LIMI
L9340P101 TRINSEO SA
000375204 ABB LTD - ADR
002824100 ABBOTT LABS
00373L102 ABN AMRO GROUP NV-UN
00846U101 AGILENT TECHNOLOGIES
03027X100 AMERICAN TOWER CORP
03783C100 APPFOLIO INC
03820C105 APPLIED INDL TECHNOL
060505104 BANK OF AMERICA CORP
071813109 BAXTER INTL INC
089302103 BIG LOTS INC
114340102 BROOKS AUTOMATION IN
15189T107 CENTERPOINT ENERGY I
168905107 THE CHILDREN'S PLACE
174610105 CITIZENS FINANCIAL G
20449X401 COMPASS GROUP PLC AD
21244X109 CONVATEC GROUP PLC-U
218352102 CORCEPT THERAPEUTICS
227483104 CROSS CTRY HEALTHCAR
231021106 CUMMINS INC.
23304Y100 DBS GROUP HOLDINGS L
25157Y202 DEUTSCHE POST AG ADR
26078J100 DOWDUPONT INC
31502A105 FERGUSON PLC-ADR
320817109 FIRST MERCHANTS CORP
40434L105 HP INC
441593100 HOULIHAN LOKEY INC
478160104 JOHNSON & JOHNSON
485537302 KAO CORP ADR
488360207 KEMET CORP
50189K103 LCI INDUSTRIES
559079207 MAGELLAN HEALTH, INC
564563104 MANTECH INTERNATIONA
59410T106 MICHELIN (CGDE) ADR
602496101 MIMEDX GROUP INC
62942X306 NRG YIELD INC
64110D104 NETAPP INC
65557A206 NORDEA BANK AB-SPON
682189105 ON SEMICONDUCTOR COR
68554V108 ORASURE TECHNOLOGIES
754730109 RAYMOND JAMES FINL I
78469C103 SP PLUS CORP
786584102 SAFRAN SA-UNSPON ADR
87612E106 TARGET CORP
889110102 TOKYO ELECTRON LTD-U
891092108 TORO CO
902494103 TYSON FOODS INC CL A
90346E103 US SILICA HOLDINGS I
90385V107 ULTRA CLEAN HLDGS IN
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G67506108 OM ASSET MANAGEMENT
G8827U100 THIRD POINT REINSURA

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER ADMINISTRATIVE EXPENSE	6,090	0		6,090
INVESTMENT EXPENSES-DIVIDEND I	414	414		0