Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
LUCILLE AND JOHN B DOUGHERTY TRUST
% WELLS FARGO BANK NA
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD 3RD FL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

26-1444071
B Telephone number (see instructions)

(979) 776-3267
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$4,706,328J 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... 111,828 111,828  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 122,527
b Gross sales price for all assets on line 6a 1,169,317
7 Capital gain net income (from Part IV, line 2)... 122,527
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 15,342 15,342  
12 Total. Add lines 1 through 11........ 249,697 249,697  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 61,025 45,769   15,256
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,176 0   6,176
c Other professional fees (attach schedule).... Click to see attachment 5,006 0   5,006
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,926 3,926   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 1,146 1,146   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,279 50,841   26,438
25 Contributions, gifts, grants paid....... 135,000 135,000
26 Total expenses and disbursements. Add lines 24 and 25 212,279 50,841   161,438
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 37,418
b Net investment income (if negative, enter -0-) 198,856
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 200,270 110,615 110,615
3 Accounts receivable bullet55,607
Less: allowance for doubtful accounts bullet   5,635 55,607 55,607
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) 870,829 Click to see attachment807,923 784,897
b Investments—corporate stock (attach schedule)....... 395,643 Click to see attachment410,372 578,977
c Investments—corporate bonds (attach schedule)....... 626,864 Click to see attachment622,636 609,450
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,420,090 Click to see attachment2,557,390 2,566,782
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) 4,519,331 4,564,543 4,706,328
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........ 4,519,331 4,564,543
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 4,519,331 4,564,543
31 Total liabilities and net assets/fund balances (see instructions). 4,519,331 4,564,543
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
4,519,331
2
Enter amount from Part I, line 27a .....................
2
37,418
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
12,958
4
Add lines 1, 2, and 3 ..........................
4
4,569,707
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,164
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,564,543
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 ALPHABET INC P 2018-04-19 2018-11-30
b AMERIPRISE FINL P 2018-08-08 2018-12-21
c BLACKROCK GL L/S CREDIT P 2017-10-26 2018-04-19
d CISCO SYSTEMS P 2018-04-19 2018-10-05
e CITIGROUP P 2018-04-19 2018-08-08
CITIGROUP 2.05% P 2017-12-21 2018-07-30
WALT DISNEY P 2018-04-13 2018-11-30
EATON VANCE GLOBAL MACRO ADV P 2017-10-26 2018-04-19
FID ADV EMER MKTS INC P 2017-10-26 2018-04-19
GILEAD SCIENCES P 2017-03-24 2018-02-02
HAIN CELESTIAL GROUP P 2017-08-09 2018-02-02
HOME DEPOT P 2017-03-31 2018-02-02
ISHARES S&P MIDCAP 400 VALUE P 2017-07-24 2018-02-02
JOHN HANCOCK II CURR STR P 2017-10-26 2018-04-19
JP MORGAN HIGH YIELD FUND P 2017-10-26 2018-04-19
MICROSOFT P 2018-10-05 2018-11-30
NEUBERGER BERMAN LONG SH P 2017-10-26 2018-02-02
NEUBERGER BERMAN LONG SH P 2017-05-26 2018-02-02
NIKE P 2018-02-15 2018-10-30
NIKE P 2018-02-15 2018-12-21
PNC FINANCIAL SERVICES GROUP P 2018-04-19 2018-10-05
T ROWE PRICE REAL ESTATE P 2017-07-28 2018-07-13
SCHLUMBERGER P 2018-04-19 2018-11-30
TARGET CORP 2.30% P 2018-02-05 2018-10-25
UNITED PARCEL SERVICE P 2017-03-24 2018-02-15
VANGUARD INFLAT PROT SECS P 2017-10-26 2018-07-13
VANGUARD INFLAT PROT SECS P 2018-04-23 2018-07-13
VANGUARD INFLAT PROT SECS P 2017-07-28 2018-07-13
VANGUARD REIT VIPER P 2018-02-02 2018-07-13
VANGUARD REIT VIPER P 2017-07-24 2018-07-13
ZOETIS P 2017-04-25 2018-02-02
AFFILIATED MANAGERS GROUP P 2016-09-30 2018-02-02
AFFILIATED MANAGERS GROUP P 2016-01-25 2018-04-13
AFFILIATED MANAGERS GROUP P 2011-10-12 2018-04-13
ALPHABET INC P 2015-01-27 2018-02-15
ALPHABET INC P 2014-10-09 2018-02-15
AMERIPRISE FINL P 2015-10-13 2018-12-21
AMERIPRISE FINL P 2016-06-10 2018-12-21
AMERIPRISE FINL P 2016-09-06 2018-12-21
AMERIPRISE FINL P 2015-10-13 2018-02-02
AMERIPRISE FINL P 2015-06-30 2018-02-02
AMERIPRISE FINL P 2015-07-28 2018-02-02
APPLE P 2014-10-03 2018-02-15
APPLE P 2014-10-09 2018-02-15
APPLE P 2014-10-09 2018-02-02
APPLE P 2016-09-06 2018-02-02
APPLE P 2014-10-03 2018-07-24
BP CAPITAL MARKETS 3.245% P 2012-09-17 2018-12-12
BANK OF AMERICA CORP 2.65% P 2015-06-22 2018-07-12
BANK OF AMERICA CORP 2.65% P 2015-07-31 2018-07-12
BAYER P 2016-12-13 2018-07-02
BAYER P 2016-12-13 2018-02-02
BAYER P 2016-12-13 2018-07-30
BEAR STEARNS CO 4.65% P 2010-08-24 2018-04-20
BLACKROCK INC P 2014-10-09 2018-02-15
BOEING P 2011-03-18 2018-02-02
CELANESE CORP P 2015-01-27 2018-02-02
CELANESE CORP P 2015-01-27 2018-04-13
CELANESE CORP P 2014-10-09 2018-04-13
CISCO SYSTEMS P 2014-10-09 2018-10-05
CISCO SYSTEMS P 2014-10-03 2018-02-02
CISCO SYSTEMS P 2014-12-15 2018-02-02
CISCO SYSTEMS P 2014-10-03 2018-03-06
CISCO SYSTEMS P 2014-10-09 2018-03-06
CITIGROUP P 2014-10-09 2018-02-02
CITIGROUP P 2014-03-25 2018-02-02
CITIGROUP P 2014-03-25 2018-08-08
CITIGROUP P 2014-06-09 2018-08-08
COGNIZANT TECH SOLUTIONS P 2016-03-16 2018-02-02
COMCAST CORP P 2011-03-08 2018-12-21
COMCAST CORP P 2014-10-09 2018-02-02
COMCAST CORP P 2014-10-09 2018-07-12
COMCAST CORP P 2011-03-08 2018-07-12
DIAGEO P 2014-12-15 2018-02-02
WALT DISNEY P 2011-03-08 2018-02-02
EXPRESS SCRIPTS HOLD 2.25% P 2015-11-18 2018-09-06
FED HOME LN BK 1.75% P 2012-12-11 2018-02-02
FED HOME LN BK 4.75% P 2009-02-18 2018-02-02
FED NATL MTG ASSN 1.75% P 2017-01-26 2018-02-02
FED NATL MTG ASSN 1.75% P 2016-09-20 2018-02-02
FID ADV EMER MKTS INC P 2017-01-26 2018-04-19
GENERAL ELEC CAP COR 5.50% P 2016-09-12 2018-04-20
HAIN CELESTIAL GROUP P 2015-12-17 2018-02-02
ISHARES S&P MIDCAP 400 GROWTH P 2016-09-06 2018-02-02
ISHARES S&P MIDCAP 400 VALUE P 2014-04-23 2018-02-02
ISHARES TR SMALLCAP 600 INDEX FD P 2008-10-22 2018-02-02
ISHARES TR SMALLCAP 600 INDEX FD P 2016-09-06 2018-02-02
JP MORGAN CHASE & CO P 2015-01-27 2018-02-02
LAS VEGAS SAND CORP P 2014-12-15 2018-02-02
LAS VEGAS SAND CORP P 2016-09-30 2018-02-02
ELI LILLY & CO P 2016-10-03 2018-02-02
MANULIFE FINANCIAL CORP P 2015-12-17 2018-10-05
MANULIFE FINANCIAL CORP P 2015-12-17 2018-02-02
MCKESSON CORP P 2014-10-09 2018-02-02
MCKESSON CORP P 2015-10-13 2018-07-17
MCKESSON CORP P 2014-10-09 2018-07-17
MCKESSON CORP P 2012-11-07 2018-07-17
MCKESSON CORP P 2016-09-30 2018-07-17
MERCK & CO P 2016-04-22 2018-02-02
MERCK & CO P 2016-02-05 2018-04-13
MERCK & CO P 2016-04-22 2018-04-13
MERCK & CO 1.30% P 2017-01-26 2018-02-02
MERCK & CO 1.30% P 2015-07-03 2018-02-02
MICROSOFT P 2015-10-13 2018-02-02
MICROSOFT P 2014-12-15 2018-02-02
MICROSOFT P 2015-08-10 2018-02-02
MICROSOFT P 2015-10-13 2018-07-24
ASG GLOBAL ALTERNATIVES P 2013-07-05 2018-02-02
ORACLE CORP 2.375% P 2017-01-26 2018-04-20
ORACLE CORP 2.375% P 2015-07-31 2018-04-20
PNC FINANCIAL SERVICES GROUP P 2015-05-27 2018-10-05
PNC FINANCIAL SERVICES GROUP P 2015-05-27 2018-02-02
ROCHE HOLDINGS P 2015-03-02 2018-02-02
T ROWE PRICE INST FLOAT RATE P 2015-07-29 2018-04-19
T ROWE PRICE REAL ESTATE P 2017-01-26 2018-07-13
T ROWE PRICE REAL ESTATE P 2015-12-24 2018-07-13
T ROWE PRICE REAL ESTATE P 2016-04-28 2018-07-13
T ROWE PRICE REAL ESTATE P 2016-05-16 2018-07-13
T ROWE PRICE REAL ESTATE P 2016-09-08 2018-07-13
SPDR DJ WILSHIRE INTERNATIONAL REAL P 2014-10-03 2018-02-02
SPDR DJ WILSHIRE INTERNATIONAL REAL P 2014-10-03 2018-04-19
SCHLUMBERGER P 2015-10-13 2018-11-30
SCHLUMBERGER P 2008-10-22 2018-11-30
SCHLUMBERGER P 2016-10-03 2018-11-30
SCHLUMBERGER P 2014-12-15 2018-11-30
SCHLUMBERGER P 2016-09-06 2018-11-30
SPIRIT AEROSYSTEMS P 2016-10-03 2018-02-02
SUNCOR ENERGY P 2016-09-06 2018-02-02
SUNCOR ENERGY P 2015-07-08 2018-04-13
TJX COS P 2011-06-29 2018-10-30
TJX COS P 2014-10-09 2018-02-02
TJX COS P 2011-06-29 2018-02-02
TARGET P 2014-10-09 2018-02-02
THERMO FISHER SCIENTIFIC P 2014-10-09 2018-02-02
TOTAL FINA P 2015-11-08 2018-02-02
TOTAL FINA P 2012-08-30 2018-02-02
UNION PACIFIC P 2015-10-23 2018-10-05
UNION PACIFIC P 2014-10-09 2018-10-05
UNION PACIFIC P 2014-10-09 2018-02-02
UNION PACIFIC P 2014-10-09 2018-04-13
UNITEDHEALTH GROUP P 2014-10-09 2018-03-06
UNITEDHEALTH GROUP P 2010-06-18 2018-03-06
VANGUARD EUROPE PACIFIC ETF P 2013-08-07 2018-02-02
VANGUARD INFLAT PROT SECS P 2016-11-01 2018-02-02
VANGUARD INFLAT PROT SECS P 2017-01-26 2018-07-13
VANGUARD INFLAT PROT SECS P 2016-11-01 2018-07-13
VANGUARD EMERGING MARKETS ETF P 2013-07-02 2018-02-02
VANGUARD REIT VIPER P 2017-01-20 2018-07-13
VANGUARD REIT VIPER P 2010-06-18 2018-07-13
EATON CORP P 2014-10-03 2018-02-02
TE CONNECTIVITY P 2016-11-08 2018-02-02
CAPITAL GAINS 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 5,418   5,409 9
b 2,019   2,830 -811
c 5,874   5,885 -11
d 720   668 52
e 1,826   1,758 68
29,811   29,941 -130
1,153   1,006 147
6,619   6,857 -238
424   440 -16
822   674 148
1,142   1,297 -155
989   736 253
801   753 48
3,067   3,250 -183
433   444 -11
1,651   1,687 -36
523   500 23
8,156   7,611 545
738   676 62
1,456   1,353 103
2,074   2,150 -76
12,187   12,281 -94
1,127   1,750 -623
29,904   30,056 -152
1,603   1,574 29
1,040   1,046 -6
461   457 4
177   180 -3
2,471   2,306 165
906   911 -5
777   551 226
991   726 265
8,108   6,144 1,964
5,405   2,798 2,607
1,126   551 575
4,198   2,212 1,986
2,523   2,712 -189
1,514   1,493 21
1,514   1,509 5
5,107   3,255 1,852
2,553   1,756 797
2,554   1,878 676
679   398 281
1,866   1,116 750
2,455   1,522 933
2,455   1,615 840
5,783   2,985 2,798
49,716   52,175 -2,459
29,986   30,353 -367
9,995   10,141 -146
104     104
952   761 191
6,940   6,344 596
30,120   31,376 -1,256
2,658   1,586 1,072
7,074   1,383 5,691
2,108   1,092 1,016
940   491 449
104   54 50
2,639   1,336 1,303
1,495   911 584
2,034   1,310 724
2,389   1,366 1,023
1,372   753 619
1,252   821 431
1,487   957 530
2,557   1,762 795
2,557   1,730 827
2,675   2,061 614
2,902   1,093 1,809
1,463   937 526
4,778   3,720 1,058
1,753   656 1,097
1,419   1,135 284
1,098   434 664
29,858   29,950 -92
49,908   52,171 -2,263
50,530   52,995 -2,465
49,638   50,280 -642
29,783   30,666 -883
337   339 -2
25,993   28,344 -2,351
190   205 -15
13,233   10,590 2,643
7,370   5,544 1,826
51,247   14,420 36,827
50,858   40,735 10,123
1,747   847 900
767   555 212
1,535   1,154 381
827   807 20
2,779   2,424 355
2,136   1,543 593
809   982 -173
674   964 -290
808   1,178 -370
5,929   4,171 1,758
674   835 -161
1,189   1,135 54
571   494 77
571   568 3
4,993   4,998 -5
34,950   34,911 39
1,489   751 738
372   188 184
2,326   1,183 1,143
3,223   1,408 1,815
2,064   2,071 -7
4,996   5,076 -80
44,966   45,842 -876
2,074   1,440 634
3,977   2,399 1,578
2,405 3 2,730 -322
1,284   1,297 -13
103,018   103,452 -434
4,252   4,101 151
23,200   22,996 204
559   563 -4
1,408   1,490 -82
7,349   7,335 14
286   285 1
901   1,497 -596
3,425   3,763 -338
676   1,183 -507
3,335   5,973 -2,638
901   1,572 -671
4,905   2,261 2,644
1,958   1,516 442
1,134   812 322
1,637   391 1,246
397   304 93
1,191   391 800
738   617 121
2,190   1,183 1,007
1,438   1,307 131
1,726   1,480 246
1,965   1,165 800
2,129   1,377 752
2,620   2,118 502
1,349   1,059 290
1,130   427 703
4,518   627 3,891
14,002   11,476 2,526
8,042   8,497 -455
9,990   10,080 -90
60,280   63,139 -2,859
16,011   12,786 3,225
988   976 12
21,830   11,821 10,009
1,298   831 467
2,072   1,307 765
15,622     15,622
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       9
b       -811
c       -11
d       52
e       68
      -130
      147
      -238
      -16
      148
      -155
      253
      48
      -183
      -11
      -36
      23
      545
      62
      103
      -76
      -94
      -623
      -152
      29
      -6
      4
      -3
      165
      -5
      226
      265
      1,964
      2,607
      575
      1,986
      -189
      21
      5
      1,852
      797
      676
      281
      750
      933
      840
      2,798
      -2,459
      -367
      -146
      104
      191
      596
      -1,256
      1,072
      5,691
      1,016
      449
      50
      1,303
      584
      724
      1,023
      619
      431
      530
      795
      827
      614
      1,809
      526
      1,058
      1,097
      284
      664
      -92
      -2,263
      -2,465
      -642
      -883
      -2
      -2,351
      -15
      2,643
      1,826
      36,827
      10,123
      900
      212
      381
      20
      355
      593
      -173
      -290
      -370
      1,758
      -161
      54
      77
      3
      -5
      39
      738
      184
      1,143
      1,815
      -7
      -80
      -876
      634
      1,578
      -322
      -13
      -434
      151
      204
      -4
      -82
      14
      1
      -596
      -338
      -507
      -2,638
      -671
      2,644
      442
      322
      1,246
      93
      800
      121
      1,007
      131
      246
      800
      752
      502
      290
      703
      3,891
      2,526
      -455
      -90
      -2,859
      3,225
      12
      10,009
      467
      765
      15,622
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 2 122,527
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 226,218 5,017,937 0.045082
2016 319,327 5,038,505 0.063377
2015 295,586 5,443,099 0.054305
2014 311,463 5,654,027 0.055087
2013 267,577 5,699,834 0.046945
2
Total of line 1, column (d) .....................
2
0.264796
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
0.052959
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
210,732
5
Multiply line 4 by line 3......................
5
11,160
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,989
7
Add lines 5 and 6........................
7
13,149
8
Enter qualifying distributions from Part XII, line 4,.............
8
161,438
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 1,989
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 1,989
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 1,989
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,200
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 2,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 203
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet203 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$ 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
 
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)
    bulletTX
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (979) 776-3267

    Located atbullet3000 BRIARCREST DR STE 200BRYANTX ZIP+4bullet77802
    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
    Yes
     
    ........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
    WELLS FARGO BANK NA TRUSTEE
    5.00     		61,025 0 0
    3000 BRIARCREST DR STE 200
    BRYAN,TX77802
    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
    205,596
    b
    Average of monthly cash balances.......................
    1b
    8,345
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    213,941
    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
    213,941
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,209
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    210,732
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,537
    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
    10,537
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,989
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,989
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,548
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    8,548
    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
    8,548
    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
    161,438
    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
    161,438
    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
    1,989
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    159,449
    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 8,548
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 134,362
    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$ 161,438
    a Applied to 2017, but not more than line 2a 134,362
    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..... 8,548
    e Remaining amount distributed out of corpus 18,528
    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 18,528
    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 ......     		18,528
    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.... 18,528
    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 e-mail address of the person to whom applications should be addressed:
    WELLS FARGO BANK TRUST DEPARTMENT
    3000 BRIARCREST DR STE 200
    BRYAN,TX77802
    (979) 776-3267
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS ARE TO SUBMIT REQUESTS ON BANK TRUST DEPARTMENT'S GRANT APPLICATION AVAILABLE AT: HTTPS://WWW.WELLSFARGO.COM/PRIVATEFOUNDATIONGRANTS/DOUGHERTY.
    cAny submission deadlines:
    JULY 31
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AS PROVIDED FOR IN THE WILL, THE FOLLOWING ARE TO RECEIVE AT LEAST 10 PERCENT OF THE ANNUAL NET INCOME: FIRST UNITED METHODIST CHURCH, BRYAN, TX; METHODIST RETIREMENT SERVICES, INC, THE WOODLANDS, TX; BRAZOS VALLEY REHABILITATION CENTER, BRYAN, TX; COLLEGE OF SCIENCE, TEXAS A&M UNIVERSITY, COLLEGE STATION, TX. THE REMAINING CONTRIBUTIONS ARE RESTRICTED TO CHARITABLE ORGANIZATIONS IN THE BRAZOS COUNTY, TX AREA
    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
    BRAZOS COUNTY RAPE CRISIS
    PO BOX 3082
    BRYAN,TX77805     		  CHARITY FOR CHARITABLE PURPOSES 1,000
    BRAZOS VALLEY FOOD BANK
    1514 SHILOH AVE
    BRYAN,TX77803     		  CHARITY FOR CHARITABLE PURPOSES 10,000
    BRAZOS VALLEY REHABILITATION CENTER
    1318 MEMORIAL DRIVE
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 15,000
    BRYAN ISD EDUCATION FOUNDATION
    101 N TEXAS AVENUE
    BRYAN,TX77803     		  EDUCATIONAL FOR EDUCATIONAL PURPOSES 10,000
    FIRST UNITED METHODIST CHURCH
    506 28TH STREET
    BRYAN,TX77803     		  CHARITY FOR CHARITABLE PURPOSES 35,000
    HABITAT FOR HUMANITY BRYANCOLLEGE STATION
    119 LAKE STREET
    BRYAN,TX77801     		  CHARITY FOR CHARITABLE PURPOSES 10,000
    HEALTH FOR ALL
    1328A MEMORIAL DR
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 5,000
    HOSPICE OF BRAZOS VALLEY
    502 W 26TH STREET
    BRYAN,TX77803     		  CHARITY FOR CHARITABLE PURPOSES 15,000
    METHODIST RETIREMENT COMMUNITIES FBO CRESTVIEW RETIREMENT BUILDING FUND
    2202 TIMBERLOCH PLACE STE 200
    THE WOODLANDS,TX77830     		  CHARITY FOR CHARITABLE PURPOSES 15,000
    SCOTTY'S HOUSE
    2424 KENT ST
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 1,000
    ST JOSEPH FOUNDATION
    PO BOX 993
    BRYAN,TX77805     		  CHARITY FOR CHARITABLE PURPOSES 13,500
    GIRL SCOUTS OF CENTRAL TEXAS
    1737 BRIARCREST DR 10
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 2,000
    UNITED WAY OF THE BRAZOS VALLEY
    1716 BRIARCREST DR STE 155
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 1,500
    RONALD MCDONALD HOUSE CHARITIES
    3000 BRIARCREST DR STE 209
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 1,000
    Total .................................bullet 3a 135,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 111,828  
    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.....     15 15,342  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 122,527  
    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).. 0 249,697 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    249,697
    (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:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,176 0   6,176

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACE INA HOLDINGS 2.30% 11/3/20 25,545 25,628
    AMERICAN EXPRESS CREDIT MED TERM NOTE 2.60% 9/14/20 41,128 39,591
    AT&T 2.45% 6/30/20 40,356 39,480
    BANK OF AMERICA MED TERM NOTE 3.30% 1/11/23 29,637 29,546
    BANK OF NY MELLON 2.50% 4/15/21 29,462 29,631
    BB&T CORPORATION MED TERM NOTE 2.05% 5/10/21 40,058 38,949
    CATERPILLAR 3.90% 5/27/21 31,190 30,543
    CVS HEALTH CORP 2.125% 6/1/21 29,489 28,946
    DOLLAR GENERAL 3.25% 4/15/23 19,653 19,541
    GENERAL ELECTRIC CAP CORP 5.50% 1/8/20 27,682 25,295
    GOLDMAN SACHS GROUP 5.95% 1/18/18 40,548 38,738
    INTEL CORP 3.30% 10/1/21 36,432 35,371
    JP MORGAN CHASE & CO 4.95% 3/25/20 30,877 30,635
    MERCK & CO. 1.85% 2/10/20 29,728 29,732
    MORGAN STANLEY 5.625% 9/26/19 27,379 25,370
    REGIONS FINANCIAL CORP 3.20% 2/8/21 24,937 24,840
    SHERWIN WILLIAMS 2.75% 6/1/22 19,441 19,360
    SUMITOMO MITSUI FINL GRP 3.748% 7/19/23 33,998 34,218
    UNITEDHEALTH GROUP 2.875% 3/15/23 24,410 24,627
    US BANCORP MED TERM NOTE 2.35% 1/29/21 40,686 39,409

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC 8,952 20,712
    APPLE INC 6,615 29,182
    AT&T 18,246 15,126
    BERKSHIRE HATHAWAY 3,077 10,209
    BLACKROCK INC 11,357 11,785
    BOEING CO 5,149 11,288
    CELANESE CORP 7,686 13,496
    CISCO SYSTEMS INC 7,604 18,632
    CITIGROUP 8,862 9,891
    CME GROUP INC 5,945 14,109
    COGNIZANT TECH SOLUTIONS 13,217 14,918
    COMCAST CORP CLASS A 2,315 6,129
    CVS HEALTH CORPORATION 13,089 15,070
    DIAGEO PLC - ADR 11,214 14,889
    EATON CORP. 8,445 10,642
    ELECTRONIC ARTS 5,737 5,918
    ELI LILLY & CO. 8,164 12,729
    EOG RESOURCES 11,496 9,157
    FLEX LTD 13,159 5,898
    GILEAD SCIENCES INC 3,393 7,506
    HAIN CELESTIAL GROUP 9,689 4,679
    HOME DEPOT 8,093 9,450
    JP MORGAN CHASE & CO 7,261 16,595
    LAM RESEARCH CORP 10,153 8,170
    LAS VEGAS SAND CORP 13,879 12,232
    MANULIFE FINANCIAL CORP 8,675 8,727
    MERCK & CO. 9,422 13,754
    MICROSOFT CORP 14,337 35,042
    MONDELEZ INTERNATIONAL 15,402 14,411
    NIKE 11,677 15,199
    PNC FINANCIAL SERVICES GROUP 9,483 12,276
    ROCHE HOLDINGS LTD 13,230 12,432
    SPIRIT AEROSYSTEMS 3,617 5,767
    SUNCOR ENERGY 15,215 15,104
    TARGET CORP 4,934 6,609
    TE CONNECTIVITY 9,512 10,588
    THERMO FISHER SCIENTIFIC INC 4,908 14,546
    TJX COS INC NEW 1,822 6,264
    TOTAL S.A. 17,199 17,480
    UBS GROUP 13,821 8,852
    UNION PACIFIC CORP 7,712 17,970
    UNITED PARCEL SERVICE-CL B 11,151 12,191
    UNITEDHEALTH GROUP 2,509 19,930
    WALT DISNEY CO 6,333 13,158
    ZOETIS 6,616 10,265

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    US Government Securities - End of Year Book Value:

    807,923
    US Government Securities - End of Year Fair Market Value:

    784,897
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ASG GLOBAL ALTERNATIVES FUND AT COST 46,781 45,440
    BLACKROCK GLOBAL LONG/SHORT CREDIT FUND AT COST 167,676 154,306
    BRAZOS COUNTY, TX MINERALS AT COST 1 59,907
    EATON VANCE GLOBAL MACRO ABSOLUTE AT COST 295,241 262,549
    FIDELITY NEW MARKETS INCOME FUND AT COST 184,276 172,763
    GAI AGILITY INCOME FUND AT COST 150,000 154,787
    GRIMES COUNTY, TX MINERALS AT COST 1 25,081
    ISHARES RUSSELL 2000 ETF AT COST 295,477 255,883
    ISHARES S&P MID-CAP 400 GROWTH AT COST 119,620 148,968
    ISHARES S&P MID-CAP 400 VALUE AT COST 122,616 151,897
    JOHN HANCOCK FUND II ABSOLUTE RETURN CURRENCY FUND AT COST 100,393 94,093
    JPMORGAN HIGH YIELD FUND AT COST 99,437 93,637
    NEUBERGER BERMAN LONG SHORT FUND AT COST 200,075 193,069
    SPDR DJ WILSHIRE INTERNATIONAL REAL AT COST 113,424 108,600
    T ROWE PRICE INSTITUTIONAL FLOAT RATE FUND AT COST 43,369 41,646
    T ROWE PRICE REAL ESTATE FUND AT COST 115,287 105,322
    TCW EMRG MKTS INCM AT COST 146,784 140,378
    VANGUARD FTSE DEVELOPED MARKETS ETF AT COST 201,315 200,303
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 155,617 158,153

    TY 2018 OtherDecreasesSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Description Amount
    2018 FIT ES PAYMENTS 1,807
    BASIS ADJUSTMENT 688
    ACCRETION 1,331
    ACCRUED INTEREST CARRIED OVER TO 2019 138
    2017 FIT PAYMENT 1,200


    TY 2018 OtherExpensesSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 34 34   0
    OIL & GAS FEES 1,112 1,112   0


    TY 2018 OtherIncomeSchedule2
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NET ROYALTIES - ROSEWOOD RESOURCES 610 610 610
    NET ROYALTIES - APACHE CORP. 488 488 488
    NET ROYALTIES - ENERVEST OPERATING 7,542 7,542 7,542
    NET ROYALTIES - CRAWFORD HUGHES 1,467 1,467 1,467
    NET ROYALTIES - HAWKWOOD ENERGY 313 313 313
    NET ROYALTIES - MAGNOLIA OIL & GAS 2,729 2,729 2,729
    NET ROYALTIES - VERDUN OIL & GAS 940 940 940
    NET ROYALTIES 1,253 1,253 1,253


    TY 2018 OtherIncreasesSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Description Amount
    NONDIVIDENDS DISTRIBUTIONS/RETURN OF PRINCIPAL 478
    PREMIUM AMORTIZATION 12,183
    ACCRUED INTEREST CARRIED OVER FROM 2017 32
    UNRECAPTURED SECTION 1250 GAIN 265


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINISTRATION FEES 5,006 0   5,006


    TY 2018 TaxesSchedule
    Name:
    LUCILLE AND JOHN B DOUGHERTY TRUST
     
    % WELLS FARGO BANK NA
    EIN:
    26-1444071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 746 746   0
    FOREIGN TAXES 3,180 3,180   0