Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
AYERS FOUNDERS TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

23-7327660
B Telephone number (see instructions)

(740) 588-6740
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$3,385,726J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 72,649 72,649  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 102,636
b Gross sales price for all assets on line 6a 2,507,342
7 Capital gain net income (from Part IV, line 2)... 102,636
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)....... Click to see attachment 670    
12 Total. Add lines 1 through 11........ 175,955 175,285  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,586 12,793   12,793
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,000 500 0 500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 176 176   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 200 100   100
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 26,962 13,569 0 13,393
25 Contributions, gifts, grants paid....... 175,506 175,506
26 Total expenses and disbursements. Add lines 24 and 25 202,468 13,569 0 188,899
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -26,513
b Net investment income (if negative, enter -0-) 161,716
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 179    
2 Savings and temporary cash investments......... 300,308 80,972 80,972
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,724,920 Click to see attachment1,872,833 2,134,645
c Investments—corporate bonds (attach schedule)....... 1,116,291 Click to see attachment1,158,027 1,170,109
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,141,698 3,111,832 3,385,726
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,141,698 3,111,832
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)..... 3,141,698 3,111,832
31 Total liabilities and net assets/fund balances (see instructions). 3,141,698 3,111,832
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
3,141,698
2
Enter amount from Part I, line 27a .....................
2
-26,513
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,309
4
Add lines 1, 2, and 3 ..........................
4
3,116,494
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,662
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,111,832
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 29. AT&T INC   2018-10-30 2019-01-22
b 13. AT&T INC   2018-10-30 2019-02-13
c 2. ALPHABET INC - CL A   2017-05-26 2019-01-22
d 1. ALPHABET INC - CL A   2017-05-26 2019-02-13
e 50000. ALTERA CORPORATION 2.5% 11/15/2018   2013-11-20 2018-11-15
1. AMAZON.COM INC   2018-10-30 2019-01-22
11. AMERICAN EXPRESS COMPANY   2018-10-30 2019-01-22
5. AMERICAN EXPRESS COMPANY   2018-10-30 2019-02-13
86. AMGEN INC.   2015-04-07 2018-10-30
115. ANALOG DEVICES   2015-04-07 2018-10-30
15. ANALOG DEVICES   2015-04-07 2019-01-22
7. ANALOG DEVICES   2015-04-07 2019-02-13
8. ANTHEM INC   2018-10-30 2019-01-22
3. ANTHEM INC   2018-10-30 2019-02-13
400. APPLIED MATERIALS INC   2016-06-22 2018-10-30
7702.896 ARTISAN INTL VALUE FUND-ADV   2017-05-26 2018-08-20
16. AUTOMATIC DATA PROCESSING   2018-10-30 2019-01-22
7. AUTOMATIC DATA PROCESSING   2018-10-30 2019-02-13
5. BAXTER INTERNATIONAL INC   2018-10-30 2019-01-22
14. BAXTER INTERNATIONAL INC   2017-05-26 2019-01-22
8. BAXTER INTERNATIONAL INC   2017-05-26 2019-02-13
86. BECTON DICKINSON AND CO.   2016-02-04 2018-10-30
10. BERKSHIRE HATHAWAY INC CL B   2015-04-07 2018-10-30
7. BERKSHIRE HATHAWAY INC CL B   2015-04-07 2019-01-22
3. BERKSHIRE HATHAWAY INC CL B   2015-04-07 2019-02-13
33. BLACKROCK INC   2015-04-07 2018-10-30
10. BOOKING HOLDINGS INC   2017-05-26 2018-10-30
35. CAPITAL ONE FINANCIAL CORP W/1   2017-01-06 2018-10-30
17. CAPITAL ONE FINANCIAL CORP W/1   2017-01-06 2019-01-22
7. CAPITAL ONE FINANCIAL CORP W/1   2017-01-06 2019-02-13
110. CELGENE CORP   2017-05-26 2018-10-30
310. CHURCH & DWIGHT CO INC   2011-06-10 2018-10-30
396. CISCO SYSTEMS, INC.   2011-12-01 2018-10-30
362. COMCAST CORP CL A   2016-06-09 2018-10-30
20. CONOCOPHILLIPS   2018-10-30 2019-01-22
9. CONOCOPHILLIPS   2018-10-30 2019-02-13
11. CONSOLIDATED EDISON INC COM   2018-10-30 2019-01-22
5. CONSOLIDATED EDISON INC COM   2018-10-30 2019-02-13
5. CONSTELLATION BRANDS INC CL A   2018-10-30 2019-01-22
4. CONSTELLATION BRANDS INC CL A   2016-02-04 2019-01-22
4. CONSTELLATION BRANDS INC CL A   2016-02-04 2019-02-13
8. COSTCO WHOLESALE CORP   2018-10-30 2019-01-22
2. COSTCO WHOLESALE CORP   2018-10-30 2019-02-13
2. COSTCO WHOLESALE CORP   2017-05-26 2019-02-13
170. CROWN CASTLE INTL CORP   2017-05-26 2018-08-24
4242.404 DFA US SMALL CAP VALUE PORTFOLIO     2018-08-20
116. DISNEY (WALT) CO   2016-02-04 2018-10-30
11. DOLLAR TREE INC   2018-10-30 2019-01-22
5. DOLLAR TREE INC   2018-10-30 2019-02-13
266. DOWDUPONT INC   2015-04-07 2018-10-30
13. EOG RESOURCES INC   2018-10-30 2019-01-22
6. EOG RESOURCES INC   2018-10-30 2019-02-13
7. ECOLAB INC   2018-10-30 2019-01-22
3. ECOLAB INC   2018-10-30 2019-02-13
16. EDWARDS LIFESCIENCES CORP   2018-10-30 2019-01-22
7. EDWARDS LIFESCIENCES CORP   2018-10-30 2019-02-13
190. EXXON MOBIL CORP COM   2016-02-04 2018-10-30
45. FACEBOOK INC-A   2015-04-07 2018-10-30
8. FACEBOOK INC-A   2015-04-07 2019-01-22
3. FACEBOOK INC-A   2015-04-07 2019-02-13
13760.518 FEDERATED INSTITUTIONAL HIGH YIELD BOND   2017-05-26 2018-10-30
7. FEDEX CORP COM   2018-10-30 2019-01-22
3. FEDEX CORP COM   2018-10-30 2019-02-13
13. FISERV INC   2017-05-26 2019-01-22
10. FISERV INC   2018-10-30 2019-01-22
10. FISERV INC   2017-05-26 2019-02-13
11. GARRETT MOTION INC   2016-02-04 2018-10-30
5560.81 GOLDMAN SACHS INFLATION PROTECTED SECURI     2018-08-20
1171.598 GOLDMAN SACHS INFLATION PROTECTED SECURI   2017-01-24 2018-10-30
126.721 GOLDMAN SACHS INFLATION PROTECTED SECURI   2017-01-24 2019-01-22
5013.589 GOLDMAN SACHS INFLATION PROTECTED SECURI   2017-01-24 2019-03-05
46. HP INC   2018-10-30 2019-01-22
21. HP INC   2018-10-30 2019-02-13
1141.62 HARTFORD MIDCAP FUND - Y   2018-08-20 2018-10-30
6960.325 HARTFORD MIDCAP FUND - Y   2018-08-20 2018-12-12
5. HOME DEPOT INC.   2017-05-26 2018-10-30
6. HOME DEPOT INC.   2017-05-26 2019-01-22
3. HOME DEPOT INC.   2017-05-26 2019-02-13
110. HONEYWELL INTL INC COM   2016-02-04 2018-10-30
8. ILLINOIS TOOL WORKS INC COM   2017-05-26 2019-01-22
4. ILLINOIS TOOL WORKS INC COM   2017-05-26 2019-02-13
50000. IBM CORP 1.875% 05/15/2019   2013-11-20 2019-05-15
4039. INVESCO POWERSHARES DB COMMODITY INDEX T     2018-10-30
1194. INVESCO POWERSHARES DB COMMODITY INDEX T   2017-01-24 2019-01-22
5750. INVESCO POWERSHARES DB COMMODITY INDEX T     2019-02-13
406. ISHARES S & P MIDCAP 400   2018-12-12 2019-01-22
97. ISHARES S & P MIDCAP 400   2018-12-12 2019-02-13
20. J P MORGAN CHASE & CO   2016-02-04 2018-10-30
20. J P MORGAN CHASE & CO   2016-02-04 2019-01-22
9. J P MORGAN CHASE & CO   2016-02-04 2019-02-13
11. JOHNSON & JOHNSON CO   2018-10-30 2019-01-22
5. JOHNSON & JOHNSON CO   2018-10-30 2019-02-13
50000. KENNAMETAL INC 2.65% 11/01/2019-2019   2013-11-19 2018-07-09
130. THE KRAFT HEINZ CO   2017-05-26 2018-10-30
3. LOCKHEED MARTIN (COMMON STOCK)   2018-10-30 2019-01-22
1. LOCKHEED MARTIN (COMMON STOCK)   2018-10-30 2019-02-13
11. M & T BANK CORP   2018-10-30 2019-01-22
5. M & T BANK CORP   2018-10-30 2019-02-13
143.504 MFS NEW DISCOVERY VALUE FUND-R6   2018-08-20 2018-10-30
4001.187 MFS NEW DISCOVERY VALUE FUND-R6   2018-08-20 2019-01-22
6149.638 MFS NEW DISCOVERY VALUE FUND-R6   2018-08-20 2019-02-13
399.248 MFS GLOBAL REAL ESTATE FUND-R6   2019-01-22 2019-02-13
123. MARRIOTT INTL INC NEW   2016-02-04 2018-10-30
10. MCCORMICK & CO INC COM NON VTG   2017-05-26 2018-10-30
13. MCCORMICK & CO INC COM NON VTG   2017-05-26 2019-01-22
6. MCCORMICK & CO INC COM NON VTG   2017-05-26 2019-02-13
6. MCDONALDS CORP   2018-10-30 2019-01-22
3. MCDONALDS CORP   2018-10-30 2019-02-13
24. MICROSOFT CORP   2015-04-07 2019-01-22
11. MICROSOFT CORP   2015-04-07 2019-02-13
326.857 AMERICAN FUNDS - NEW WORLD FUND - R6   2017-01-24 2018-08-20
300.421 AMERICAN FUNDS - NEW WORLD FUND - R6   2017-01-24 2018-10-30
604.053 AMERICAN FUNDS - NEW WORLD FUND - R6   2017-01-24 2019-01-22
8.797 AMERICAN FUNDS - NEW WORLD FUND - R6   2017-01-24 2019-02-13
10. NEXTERA ENERGY, INC   2018-10-30 2019-01-22
2. NEXTERA ENERGY, INC   2016-02-04 2019-01-22
6. NEXTERA ENERGY, INC   2016-02-04 2019-02-13
282. NIKE INC CL B     2018-10-30
4. NORTHROP GRUMMAN CORP W/1 RT/SH   2017-05-26 2019-01-22
2. NORTHROP GRUMMAN CORP W/1 RT/SH   2017-05-26 2019-02-13
8. O'REILLY AUTOMOTIVE INC   2018-10-30 2019-01-22
3. O'REILLY AUTOMOTIVE INC   2018-10-30 2019-02-13
6459.075 OPPENHEIMER MAIN STREET MID CAP FUND CLA     2018-08-20
7. PARKER HANNIFIN CORP   2018-10-30 2019-01-22
3. PARKER HANNIFIN CORP   2018-10-30 2019-02-13
400. PFIZER INC   2017-05-26 2018-10-30
110. PIONEER NAT RES CO COM   2017-05-26 2018-10-30
25. PROLOGIS INC (REIT)     2019-01-22
11. PROLOGIS INC (REIT)   2018-08-24 2019-02-13
.333 RESIDEO TECHNOLOGIES INC   2016-02-04 2018-11-15
18. RESIDEO TECHNOLOGIES INC   2016-02-04 2019-01-22
20. ROCKWELL INTL CORP NEW   2017-05-26 2018-10-30
8. ROCKWELL INTL CORP NEW   2017-05-26 2019-01-22
3. ROCKWELL INTL CORP NEW   2017-05-26 2019-02-13
19. ROSS STORES INC   2018-10-30 2019-01-22
8. ROSS STORES INC   2018-10-30 2019-02-13
2339.795 T. ROWE PRICE REAL ESTATE FUND     2018-10-30
284.338 T. ROWE PRICE REAL ESTATE FUND   2018-08-20 2018-10-30
1121.883 T. ROWE PRICE REAL ESTATE FUND     2019-01-22
67. S & P 500 DEPOSITARY RECEIPT   2018-08-20 2019-01-22
30. S & P 500 DEPOSITARY RECEIPT   2018-08-20 2019-02-13
197. SCHLUMBERGER LTD.   2016-04-13 2018-10-30
190. STARBUCKS CORP   2017-05-26 2018-10-30
110. STRYKER CORP   2017-05-26 2018-10-30
158. TJX COMPANIES INC W/1 RT/SH   2012-02-24 2018-10-30
299. T-MOBILE US INC   2016-02-04 2018-10-30
105. TEXAS INSTRUMENTS INC.   2017-05-26 2018-10-30
12. TEXAS INSTRUMENTS INC.   2017-05-26 2019-01-22
5. TEXAS INSTRUMENTS INC.   2017-05-26 2019-02-13
8. THERMO ELECTRON CORP W/1 RT/SH   2018-10-30 2019-01-22
4. THERMO ELECTRON CORP W/1 RT/SH   2018-10-30 2019-02-13
100. UNITED TECHNOLOGIES CORP   2017-05-26 2018-10-30
6. UNITEDHEALTH GROUP INC   2018-10-30 2019-01-22
3. UNITEDHEALTH GROUP INC   2018-10-30 2019-02-13
21. VALERO ENERGY   2018-10-30 2019-01-22
9. VALERO ENERGY   2018-10-30 2019-02-13
15. VISA INC CLASS A SHARES   2018-10-30 2019-01-22
7. VISA INC CLASS A SHARES   2018-10-30 2019-02-13
15. WAL-MART STORES, INC.   2018-10-30 2019-01-22
7. WAL-MART STORES, INC.   2018-10-30 2019-02-13
10. ACCENTURE PLC CL A   2017-05-26 2018-10-30
8. ACCENTURE PLC CL A   2017-05-26 2019-01-22
3. ACCENTURE PLC CL A   2017-05-26 2019-02-13
8. CHUBB LIMITED   2018-10-30 2019-01-22
4. CHUBB LIMITED   2018-10-30 2019-02-13
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 884   882 2
b 384   396 -12
c 2,162   1,977 185
d 1,138   988 150
e 50,000   49,814 186
1,637   1,522 115
1,090   1,119 -29
540   509 31
16,310   13,616 2,694
9,399   7,280 2,119
1,333   950 383
727   443 284
2,108   2,108  
925   790 135
12,812   9,642 3,170
281,310   286,547 -5,237
2,116   2,182 -66
1,057   955 102
349   340 9
976   827 149
581   473 108
19,800   11,877 7,923
2,017   1,435 582
1,405   1,004 401
620   430 190
13,086   12,172 914
18,083   18,600 -517
3,045   3,096 -51
1,414   1,504 -90
563   619 -56
7,890   12,877 -4,987
18,445   6,249 12,196
17,552   7,341 10,211
13,361   11,400 1,961
1,323   1,360 -37
611   612 -1
840   858 -18
388   390 -2
820   998 -178
656   585 71
694   585 109
1,698   1,805 -107
424   451 -27
424   358 66
19,036   17,484 1,552
174,108   127,678 46,430
13,193   11,029 2,164
1,054   932 122
490   424 66
13,991   13,053 938
1,278   1,336 -58
580   617 -37
1,069   993 76
488   425 63
2,678   2,268 410
1,243   992 251
14,907   15,122 -215
6,406   3,753 2,653
1,181   667 514
497   250 247
131,138   139,120 -7,982
1,226   1,511 -285
558   647 -89
1,002   810 192
771   777 -6
846   623 223
159   118 41
58,055   58,576 -521
11,868   12,337 -469
1,293   1,334 -41
51,590   52,793 -1,203
976   1,088 -112
490   497 -7
40,345   45,448 -5,103
246,396   277,091 -30,695
867   780 87
1,058   937 121
562   468 94
15,654   10,745 4,909
1,054   1,124 -70
556   562 -6
50,000   49,523 477
69,027   70,578 -1,551
18,268   19,139 -871
89,133   87,741 1,392
72,486   72,706 -220
18,354   17,371 983
2,118   1,160 958
2,051   1,160 891
930   522 408
1,405   1,531 -126
670   696 -26
50,000   49,479 521
7,285   12,104 -4,819
840   865 -25
305   288 17
1,828   1,789 39
850   813 37
2,161   2,412 -251
57,217   67,260 -10,043
92,737   103,375 -10,638
6,488   6,176 312
14,013   7,399 6,614
1,421   1,047 374
1,780   1,361 419
773   628 145
1,103   1,055 48
522   527 -5
2,532   998 1,534
1,183   458 725
20,840   17,650 3,190
17,653   16,222 1,431
36,092   32,618 3,474
549   475 74
1,757   1,743 14
351   227 124
1,099   681 418
20,676   6,849 13,827
1,056   1,032 24
568   516 52
2,758   2,659 99
1,138   997 141
199,262   189,320 9,942
1,106   1,026 80
512   440 72
17,048   12,920 4,128
15,794   18,627 -2,833
1,610   1,625 -15
776   713 63
7   6 1
378   328 50
3,210   3,176 34
1,298   1,270 28
518   476 42
1,740   1,890 -150
759   796 -37
64,204   61,685 2,519
7,802   8,246 -444
29,651   29,379 272
17,576   19,147 -1,571
8,259   8,573 -314
10,157   15,065 -4,908
11,121   11,996 -875
17,993   15,513 2,480
17,238   5,707 11,531
19,321   11,454 7,867
9,608   8,469 1,139
1,154   968 186
533   403 130
1,911   1,848 63
994   924 70
12,211   12,240 -29
1,587   1,540 47
793   770 23
1,714   1,890 -176
743   810 -67
2,060   2,015 45
1,006   940 66
1,462   1,523 -61
682   711 -29
1,538   1,229 309
1,186   983 203
473   369 104
1,049   994 55
532   497 35
      15,089
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       2
b       -12
c       185
d       150
e       186
      115
      -29
      31
      2,694
      2,119
      383
      284
       
      135
      3,170
      -5,237
      -66
      102
      9
      149
      108
      7,923
      582
      401
      190
      914
      -517
      -51
      -90
      -56
      -4,987
      12,196
      10,211
      1,961
      -37
      -1
      -18
      -2
      -178
      71
      109
      -107
      -27
      66
      1,552
      46,430
      2,164
      122
      66
      938
      -58
      -37
      76
      63
      410
      251
      -215
      2,653
      514
      247
      -7,982
      -285
      -89
      192
      -6
      223
      41
      -521
      -469
      -41
      -1,203
      -112
      -7
      -5,103
      -30,695
      87
      121
      94
      4,909
      -70
      -6
      477
      -1,551
      -871
      1,392
      -220
      983
      958
      891
      408
      -126
      -26
      521
      -4,819
      -25
      17
      39
      37
      -251
      -10,043
      -10,638
      312
      6,614
      374
      419
      145
      48
      -5
      1,534
      725
      3,190
      1,431
      3,474
      74
      14
      124
      418
      13,827
      24
      52
      99
      141
      9,942
      80
      72
      4,128
      -2,833
      -15
      63
      1
      50
      34
      28
      42
      -150
      -37
      2,519
      -444
      272
      -1,571
      -314
      -4,908
      -875
      2,480
      11,531
      7,867
      1,139
      186
      130
      63
      70
      -29
      47
      23
      -176
      -67
      45
      66
      -61
      -29
      309
      203
      104
      55
      35
       
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 2 102,636
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 ................... 		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 166,910 3,399,472 0.049099
2016 164,721 3,255,200 0.050602
2015 172,144 3,219,991 0.053461
2014 181,295 3,467,955 0.052277
2013 0 0 0.0
2
Total of line 1, column (d) .....................
2
0.205439
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
0.041088
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,285,013
5
Multiply line 4 by line 3......................
5
134,975
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,617
7
Add lines 5 and 6........................
7
136,592
8
Enter qualifying distributions from Part XII, line 4,.............
8
188,899
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 1,617
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 1,617
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 1,617
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,036
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 1,036
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 9 581
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (740) 588-6740

    Located atbullet422 MAIN STREETZANESVILLEOH ZIP+4bullet43701
    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
    HUNTINGTON NATIONAL BANK TRUSTEE
    4     		25,586    
    PO BOX 1558 DEPT EA5W86
    COLUMBUS,OH43216
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,049,432
    b
    Average of monthly cash balances.......................
    1b
    285,607
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,335,039
    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
    3,335,039
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,026
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,285,013
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    164,251
    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
    164,251
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,617
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,617
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    162,634
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    162,634
    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
    162,634
    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
    188,899
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    188,899
    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
    1,617
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    187,282
    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 7 162,634
    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...... 17,993
    c From 2015...... 12,370
    d From 2016...... 7,441
    e From 2017...... 0
    fTotal of lines 3a through e........ 37,804
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 188,899
    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..... 162,634
    e Remaining amount distributed out of corpus 26,265
    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 64,069
    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 ......     		64,069
    10 Analysis of line 9:
    a Excess from 2014.... 17,993
    b Excess from 2015.... 12,370
    c Excess from 2016.... 7,441
    d Excess from 2017.... 0
    e Excess from 2018.... 26,265
    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
    ZANESVILLE MUSEUM OF ART
    620 MILITARY ROAD
    ZANESVILLE,OH43701     		NONE PC GENERAL SUPPORT 175,506
    Total .................................bullet 3a 175,506
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 72,649  
    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 ............     		    18 102,636  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   175,955  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    175,955
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000 500   500

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Statement:
    The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALTERA CORPORATION 2.5%    
    AUTOZONE INC 4% 11/15/2020-202 50,383 50,934
    CHEVRON CORPORATION 2.427% 49,814 50,030
    DR PEPPER SNAPPLE GROUP 2% 49,358 49,811
    FEDERATED TOTAL RETURN BOND FU 242,723 249,250
    IBM CORP 1.875% 05/15/2019    
    KENNAMETAL INC 2.65%    
    LORD ABBETT SHORT DURATION 498,584 500,695
    FEDERAL INSTITUTIONAL HIGH 165,878 167,332
    GOLDMAN SACHS INFLATION 101,287 102,057
    INVESCO POWERSHARES DB COMMODI    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMGEN INC    
    ANALOG DEVICES INC 8,899 17,946
    ARTISAN INTERNATIONAL VALUE FU 342,353 337,680
    BERKSHIRE HATHAWAY INC CL B 10,902 16,201
    BLACKROCK INC    
    CHURCH & DWIGHT CO INC W/1 RT/    
    CISCO SYSTEMS    
    COMCAST CORP CL A    
    FACEBOOK INC-A 6,673 15,440
    MICROSOFT CORP 10,441 33,624
    NIKE INC CL B    
    OPPENHEIMER MAIN STREET MID CA    
    SCHLUMBERGER LTD    
    TJX COMPANIES INC    
    TEXAS INSTRUMENTS INC 10,325 14,689
    THERMO FISHER SCIENTIFIC INC 1 16,304 25,844
    UNITED TECHNOLOGIES CORP    
    APPLIED MATERIALS INC    
    AUTOMATIC DATA PROCESSING 15,198 27,610
    BECTON DICKINSON    
    CONSTELLATION BRANDS INC CL A 12,872 17,331
    DFA US SMALL CAP VALUE PORTFOL    
    WALT DISNEY CO    
    EXXON MOBIL CORP    
    HONEYWELL INTERNATIONAL INC    
    JP MORGAN CHASE & CO 12,414 23,925
    MARRIOTT INTERNATIONAL INC NEW    
    T. ROWE PRICE REAL ESTATE FUND    
    SPDR S&P 500 ETF TRUST 177,422 204,807
    T-MOBILE US INC    
    VISA INC CLASS A SHARES 13,262 27,421
    NEXTERA ENERGY INC 14,534 26,222
    ALPHABET INC - CL A 16,801 18,408
    BAXTER INTERNATIONAL INC W/1 11,699 16,216
    CAPITAL ONE FINANCIAL CORP 15,390 15,789
    CELGENE CORP    
    COSTCO WHOLESALE CORP 15,734 23,255
    CROWN CASTLE INTL CORP    
    FISERV INC 14,774 21,605
    HOME DEPOT INC 10,302 13,726
    ILLINOIS TOLL WORKS 12,368 13,271
    THE KRAFT HEINZ CO    
    M & T BANK CORP 19,160 20,238
    MCCORMICK & CO INC COM NON VTG 13,714 20,306
    AMERICAN FUNDS - NEW WORLD FUN 84,647 105,052
    NORTHROP GRUMMAN CORP W/1 RT/S 11,355 14,217
    PFIZER INC    
    PIONEER NATURAL RESOURCE W/1    
    ROCKWELL AUTOMATION, INC 12,545 12,943
    STARBUCKS CORP    
    STRYKER CORP    
    ACCENTURE PLC CL A 9,705 14,597
    BOOKINGS HOLDINGS INC    
    DOWDUPONT INC    
    AT&T INC 9,068 9,986
    AMAZON.COM INC 13,699 17,043
    AMERICAN EXPRESS 12,106 14,689
    ANTHEM INC 20,813 22,295
    CONOCOPHILLIPS 14,004 12,566
    CONSOLIDATED EDISON INC 9,284 10,434
    DEUTSCHE ENHANCED COMMODITY ST 98,292 95,913
    DOLLAR TREE INC 10,079 12,779
    EOG RESOURCES INC 13,979 12,670
    ECOLAB INC W/1 RT PER SHARE 9,928 13,821
    EDWARDS LIFESCIENCES CORP 22,968 29,928
    FEDEX CORP 15,105 11,493
    HP INC 11,309 9,938
    ISHARES CORE S&P MID-CAP ETF 155,044 167,452
    ISHARES CORE S&P SMALL-CAP ETF 164,091 162,353
    JOHNSON & JOHNSON 16,565 16,574
    LOCKHEED MARTIN CORPORATION 8,939 11,270
    MFS GLOBAL REAL ESTATE FUND-R6 220,947 245,859
    MCDONALDS CORP 11,603 13,706
    O'REILLY AUTOMOTIVE INC 26,258 29,176
    PARKER HANNIFIN CORP 10,995 12,751
    PROLOGIS INC 16,779 20,746
    ROSS STORES INC 19,198 19,130
    UNITEDHEALTH GROUP INC 15,654 14,885
    VALERO ENERGY CORP 19,354 18,406
    WAL-MART STORES INC 16,046 17,457
    CHUBB LIMITED 10,933 12,962

    TY 2018 OtherDecreasesSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Description Amount
    ROUNDING 9
    2018 INCOME POSTED TO 2019 4,653


    TY 2018 OtherExpensesSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE ATTORNEY GENERAL FILING 200 100   100


    TY 2018 OtherIncomeSchedule2
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER REVENUE 670 0  


    TY 2018 OtherIncreasesSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Description Amount
    PARTNERSHIP PAYMENTS 1,309


    TY 2018 TaxesSchedule
    Name:
    AYERS FOUNDERS TRUST
    EIN:
    23-7327660
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 176 176   0