Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE PERLS FOUNDATION
KATHERINE PERLS ET AL TRUSTEES
Number and street (or P.O. box number if mail is not delivered to street address)LWCT 230 CONGRESS ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA02110
A Employer identification number

04-6864032
B Telephone number (see instructions)

(617) 523-6531
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$19,922,562J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 30,124 30,124  
4 Dividends and interest from securities... 398,182 396,588  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 215,563
b Gross sales price for all assets on line 6a 2,011,341
7 Capital gain net income (from Part IV, line 2)... 236,681
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 50,102 17,043  
12 Total. Add lines 1 through 11........ 693,971 680,436  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000 0   70,000
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 155,710 96,346   59,364
17 Interest............... 22,577 22,577   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 28,386 10,026   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 68,151 66,885   1,266
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 344,824 195,834   130,630
25 Contributions, gifts, grants paid....... 506,000 506,000
26 Total expenses and disbursements. Add lines 24 and 25 850,824 195,834   636,630
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -156,853
b Net investment income (if negative, enter -0-) 484,602
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............. 10,409 1,345 1,345
2 Savings and temporary cash investments......... 2,459,000 2,470,000 2,470,000
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,527,965 Click to see attachment7,319,373 12,653,979
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,744,543 Click to see attachment4,794,346 4,797,238
14 Land, buildings, and equipment: basis bullet3,755
Less: accumulated depreciation (attach schedule) bullet3,755      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,741,917 14,585,064 19,922,562
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 14,741,917 14,585,064
30 Total net assets or fund balances (see instructions)..... 14,741,917 14,585,064
31 Total liabilities and net assets/fund balances (see instructions). 14,741,917 14,585,064
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
14,741,917
2
Enter amount from Part I, line 27a .....................
2
-156,853
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
14,585,064
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
14,585,064
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 LWC: PUBLIC SECURITIES      
b LWC: PUBLIC SECURITIES      
c LWC: PUBLIC SECURITIES: CAP GAIN DISTRIBUTIONS      
d LWC: PUBLIC SECURITIES: CASH IN LIEU      
e NIA: PUBLIC SECURITIES      
K-1: MICROVEST+PLUS P    
K-1: MICROVEST SHORT DURATION P    
K-1: MICROVEST+PLUS P    
K-1: PERSISTENT ENERGY P    
K-1: MICROVEST II P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 146,467   150,122 -3,655
b 1,771,933   1,596,592 175,341
c 6,249     6,249
d 574     574
e 33,114   23,919 9,195
21     21
6,250     6,250
    3,912 -3,912
2,482     2,482
44,136     44,136
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -3,655
b       175,341
c       6,249
d       574
e       9,195
      21
      6,250
      -3,912
      2,482
      44,136
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 2 236,681
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 1,062,945 20,106,193 0.052867
2016 1,266,464 19,410,069 0.065248
2015 969,215 20,243,279 0.047878
2014 929,044 19,343,437 0.048029
2013 876,500 18,550,253 0.047250
2
Total of line 1, column (d) .....................
2
0.261272
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
0.052254
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
20,781,895
5
Multiply line 4 by line 3......................
5
1,085,937
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,846
7
Add lines 5 and 6........................
7
1,090,783
8
Enter qualifying distributions from Part XII, line 4,.............
8
636,630
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 9,692
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 9,692
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 9,692
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 8,360
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,360
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.......Bullet 9 1,332
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLORING WOLCOTT COOLIDGE TR LLC Telephone no.bullet (617) 523-6531

    Located atbullet230 CONGRESS STREETBOSTONMA ZIP+4bullet02110
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    KATHERINE M PERLS TRUSTEE
    0.00     		0 0 0
    C/O LWCT 230 CONGRESS ST
    BOSTON,MA02110
    LENNART C BRABERG TRUSTEE
    25.00     		70,000 0 0
    C/O LWCT 230 CONGRESS ST
    BOSTON,MA02110
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,628,030
    b
    Average of monthly cash balances.......................
    1b
    2,598,964
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,871,377
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,098,371
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    21,098,371
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    316,476
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,781,895
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,039,095
    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
    1,039,095
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,692
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,692
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,029,403
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,029,403
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,029,403
    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
    636,630
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    636,630
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    636,630
    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 1,029,403
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 489,056
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 636,630
    a Applied to 2017, but not more than line 2a 489,056
    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..... 147,574
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		881,829
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    AMERICAN CIVIL LIBERTIES UNION
    125 BROAD STREET 18TH FLOOR
    NEW YORK,NY10004     		NONE PC GENERAL PURPOSE 2,000
    CENTER FOR CONSTITUTIONAL RIGHTS
    666 BROADWAY 7TH FLOOR
    NEW YORK,NY10012     		NONE PC GENERAL PURPOSE 1,000
    CHARLES RIVER WATERSHED ASSOCIATION
    190 PARK ROAD
    WESTON,MA02493     		NONE PC GENERAL PURPOSE 1,000
    FOOD FOR FREE COMMITTEE INC
    11 INMAN STREET
    CAMBRIDGE,MA02139     		NONE PC GENERAL PURPOSE 25,000
    HAYMARKET PEOPLES FUND
    42 SEAVERNS AVENUE
    JAMAICA PLAIN,MA02130     		NONE PC GENERAL PURPOSE 2,000
    INSTITUTE FOR POLICY STUDIES
    1112 16TH ST NW SUITE 600
    WASHINGTON,DC200364823     		NONE PC GENERAL PURPOSE 7,000
    KNOWLEDGE ECOLOGY INTERNATIONAL
    1621 CONNECTICUT AVENUE NW SUITE
    500
    WASHINGTON,DC20009     		NONE PC FOSTER INNOVATION IN THE MANAGEMENT OF KNOWLEDGE GOODS AND SEEK TO INCREASE THE AFFORDABILITY AND AVAILABILITY OF MEDICAL TECHNOLOGIES FOR PATIENTS IN NEED. 355,000
    RAILS-TO-TRAILS CONSERVANCY
    2121 WARD CT NW 5TH FLOOR
    WASHINGTON,DC20037     		NONE PC GENERAL PURPOSE 1,000
    THE BOSTON GLOBE FOUNDATION - GLOBE SANTA FUND
    PO BOX 491
    BOSTON,MA021550005     		NONE PC GENERAL PURPOSE 500
    THE BUXTON SCHOOL
    291 SOUTH STREET
    WILLIAMSTOWN,MA01267     		NONE PC GENERAL PURPOSE 500
    THE FOOD PROJECT
    10 LEWIS STREET
    LINCOLN,MA01773     		NONE PC GENERAL PURPOSE 1,000
    UNIVERSITIES ALLIED FOR ESSENTIAL MEDICINES
    641 S STREET NW
    WASHINGTON,DC20001     		NONE PC EMPOWER STUDENTS TO DRIVE CAMPAIGNS ON THEIR CAMPUSES AND BEYOND THAT WILL HELP FIGHT FOR ACCESS AND AFFORDABILITY OF UNIVERSITY-DISCOVERED MEDICINES. 50,000
    EUROPEAN PUBLIC HEALTH ALLIANCE
    49-51 RUE DE TREVES
      BRUSSELS  
    BE     		NONE NC ACCESS TO MEDICINES IN EUROPE 30,000
    COMMONS NETWORK
    WIESBADENERSTR 18
      BERLIN  
    GM     		NONE NC INCREASE POLITICAL PRESSURE AND BROADEN THE MOVEMENT AROUND ACCESS TO MEDICINES AND AN ALTERNATIVE BIOMEDICAL INNOVATION SYSTEM. 30,000
    Total .................................bullet 3a 506,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 30,124  
    4 Dividends and interest from securities....     14 398,182  
    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 ............     		    01 215,563  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    a2016 OP CREDITED TO 2017     		    01 5,070  
    b2017 EXCISE TAX REFUND     01 2,004  
    cK-1: MICROVEST+PLUS, LP   25,985 01 8,821  
    dK-1: MICROVEST II     01 47  
    eK-1: NALCAB     01 318  
    fK-1: MICROVEST SHORT DURATION FUND LP     01 5,964  
    gK-1: PERSISTENT ENERGY     01 1,893  
    12 Subtotal. Add columns (b), (d), and (e).. 25,985 667,986 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    693,971
    (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 GainLossSaleOtherAssetsSch
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    K-1: MICROVEST+PLUS UBTI   PURCHASED     115     0 115  
    K-1: MICROVEST+PLUS UBTI   PURCHASED       21,233   0 -21,233  

    TY 2018 GeneralExplanationAttachment
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Identifier Return Reference Explanation
    CONTROLLED FOREIGN PARTNERSHIP REPORTING FORM 990-PF GENERAL FOOTNOTE CONTROLLED FOREIGN PARTNERSHIP REPORTING:THE TAXPAYER MAY BE REQUIRED TO FILE U.S. FORM 8865, BUT IS NOT DOING SO UNDER THE CONSTRUCTIVE OWNERSHIP EXCEPTION.THE TAXPAYER HAS AN INTEREST IN MICROVEST+PLUS,LP,7315 WISCONSIN AVENUE, SUITE 300W, BETHESDA, MD 20814EIN: 45-3177921, WHICH FILED FORM 8865S OR WAS A PARTNER IN FUNDS THAT FILED 8865S FOR THE YEAR ENDED 12/31/18.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,030 ADOBE SYSTEMS INC 151,189 233,027
    1,060 ULTA BEAUTY INC 251,730 259,530
    1,395 MICROSOFT CORP 150,701 141,690
    1,605 TE CONNECTIVITY LTD 160,097 121,386
    1,680 ACUITY BRANDS INC 277,515 193,116
    1,690 THERMO FISHER SCIENTIFIC INC 250,348 378,205
    1,720 SALESFORCE.COM 250,663 235,588
    1,725 STRYKER CORP 43,214 270,394
    1,775 CUMMINS INC 225,087 237,211
    115 AMAZON.COM 172,505 172,727
    1380 BECTON DICKINSON 320,154 310,942
    160 ALPHABET INC CLASS A 46,932 167,193
    2,000 INTUIT 119,752 393,700
    2,035 APPLE INC. 39,574 321,001
    2,1555 PAYCOM SOFTWARE INC 100,315 263,880
    2,170 VISA INC 200,866 286,310
    2,320 NXP SEMICONDUCTORS 200,182 170,010
    2,700 CELGENE CORP 189,287 173,043
    2,765 JACK HENRY & ASSOCIATES INC 200,771 349,828
    2,785 AUTOMATIC DATA PROCESSING 105,289 365,169
    2,870 WEX INC 276,045 401,972
    28,148.976 DOMINI INTERNATIONAL SOCIAL EQUITY 259,755 199,013
    3,115 CANADIAN NATIONAL RAILWAY 61,068 230,853
    3,150 AMERICAN TOWER 331,762 491,180
    3,150 COLGATE PALMOLIVE CO 105,405 187,488
    3,690 MASTERCARD INC 150,124 696,119
    3,840 FIRST REPUBLIC BANK/CA 199,853 333,696
    4,910 DANAHER CORP SHS BEN NT 399,972 506,319
    476 ALPHABET INC CLASS C 211,248 492,950
    5,430 COGNIZANT TECHNOLOGY 265,888 344,696
    5,565 NOVOZYMES 170,163 247,888
    500 HDFC BANK LTD-ADR 50,478 51,795
    595 ROPER INDUSTRIES INC 150,396 158,579
    6,250 STARBUCKS CORP 95,908 402,500
    6,375 NOVO-NORDISK A/S ADR 148,165 293,696
    6,730 FISERV INC 99,402 494,588
    6,760 NIKE INC CLASS B 138,345 501,186
    6,990 CHURCH & DWIGHT CO 149,340 459,662
    7,610 UNILEVER PLC SPONSORED ADR 245,614 397,623
    8,440 TJX COMPANIES INC 104,843 377,606
    9,620 CORNING INC 199,428 290,620
    EQUAL EXCHANGE CLASS B PREFERRED STOCK 5% 50,000 50,000

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    200.00 NIA GLOBAL SOLUTIONS AT COST 228,120 224,130
    K-1: MICROVEST II, LP AT COST 277,351 328,785
    K-1: MICROVEST SHORT DURATION FUND AT COST 1,073,372 1,006,176
    K-1: MICROVEST+PLUS LP AT COST 366,985 385,821
    K-1: NALCAB CATALYST FUND I LLC AT COST 60,183 58,926
    K-1: OUTSOURCED ASSETS, LLC AT COST 23,335 28,400
    LOAN: 100,000 ACCION EAST 2.5% 12/6/2020 AT COST 100,000 100,000
    LOAN: 100,000 COASTAL ENTERPRISES CINI NOTES 2.5% 07/01/2023 AT COST 100,000 100,000
    LOAN: 100,000 COMMUNITY REINVESTMENT FUND 3.5% AT COST 500,000 500,000
    LOAN: 100,000 FEDERATION OF APPALACHIAN HOUSING ENTERPRISES 2.5% 07/01/2020 AT COST 100,000 100,000
    LOAN: 100,000 MERCY LOAN FUND 2.5% 11/16/2021 AT COST 100,000 100,000
    LOAN: 100,000 OPPORTUNITY FINANCE NETWORK 2.0% 11/22/2021 AT COST 100,000 100,000
    LOAN: 100,000 OPPORTUNITY FINANCE NETWORK PROM NOTE 2.25% 1/31/2020 AT COST 100,000 100,000
    LOAN: 100,000 WORKING CAPITAL FOR COMMUNITY NEEDS (NICA) 4% 6/10/2020 AT COST 100,000 100,000
    LOAN: 240,000 NALCAB CATALYST FUND I LLC PROM NOTE 2% 9/23/2021 AT COST 240,000 240,000
    LOAN: 25,000 WCCN-NICA 3.5% AT COST 25,000 25,000
    LOAN: 250,000 BOSTON COMMUNITY CAPITAL SUN INITIATIVE 12/31/2020 AT COST 250,000 250,000
    LOAN: 250,000 FINCA 3.5% 4/6/2021 AT COST 250,000 250,000
    LOAN: 250,000 NEW HAMPSHIRE COMMUNITY LOAN 3% 6/30/2020 AT COST 250,000 250,000
    LOAN: 400,000 GLOBAL PARTNERSHIP SOCIAL INV FD 3/25/2020 AT COST 400,000 400,000
    LOAN: 50,000 CRAFT 3 3% AT COST 50,000 50,000
    LOAN: 50,000 SHARED INTEREST 1.5% 3/31/20 AT COST 50,000 50,000
    LOAN: 50,000 SHARED INTEREST 1.5% 3/31/20 AT COST 50,000 50,000

    TY 2018 OtherExpensesSchedule
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MASS ANNUAL REPORT FORM PC 125 0   125
    PORTFOLIO DEDUCTIONS - MICROVEST II,LP K-1 10,240 10,240   0
    PORTFOLIO DEDUCTIONS - MICROVEST SHORT DURATION 17,413 17,413   0
    PORTFOLIO DEDUCTIONS - MICROVEST+PLUS, LP 35,678 35,678   0
    PORTFOLIO DEDUCTIONS - OUTSOURCED ASSETS LLC 271 271   0
    PORTFOLIO DEDUCTIONS - PERSISTENT ENERGY PARTNERS FUND 2,965 2,965   0
    TRANSACTION FEES - LWC 318 318   0
    CONFERENCE EXPENSE REIMBURSEMENTS 1,141 0   1,141


    TY 2018 OtherIncomeSchedule2
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    2016 OP CREDITED TO 2017 5,070   5,070
    2017 EXCISE TAX REFUND 2,004   2,004
    K-1: MICROVEST+PLUS, LP 34,806 8,821 34,806
    K-1: MICROVEST II 47 47 47
    K-1: NALCAB 318 318 318
    K-1: MICROVEST SHORT DURATION FUND LP 5,964 5,964 5,964
    K-1: PERSISTENT ENERGY 1,893 1,893 1,893


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES - NIA GLOBAL 2,595 2,595   0
    INVESTMENT MANAGEMENT FEES - LWC 93,751 93,751   0
    CONSULTING FEE 45,000 0   45,000
    LEGAL FEES 564 0   564
    TAX PREPARATION FEES 13,800 0   13,800


    TY 2018 TaxesSchedule
    Name:
    THE PERLS FOUNDATION
     
    KATHERINE PERLS ET AL TRUSTEES
    EIN:
    04-6864032
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 10,026 10,026   0
    2017 EXCISE TAX EXTENSION: FORM 990 10,000 0   0
    2018 EXCISE TAX ESTIMATE: FORM 990 3,290 0   0
    2017 OVERPAYMENT CREDITED TO 2018 5,070 0   0