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
WOLF CREEK FOUNDATION
C/O BALDWIN FAMILY OFFICE
Number and street (or P.O. box number if mail is not delivered to street address)100 FOUR FALLS CORP CENTER No 202
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST CONSHOHOCKEN, PA19428
A Employer identification number

83-0310959
B Telephone number (see instructions)

(610) 260-1555
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$72,348,142J 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... 1,707,419 1,676,556  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,391,342
b Gross sales price for all assets on line 6a 7,441,986
7 Capital gain net income (from Part IV, line 2)... 1,391,342
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 668,037 609,888  
12 Total. Add lines 1 through 11........ 3,766,798 3,677,786  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 17,840 0   17,840
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 294,296 272,347   21,582
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 164,623 25,172   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 243,279 243,252   27
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 720,038 540,771   39,449
25 Contributions, gifts, grants paid....... 4,664,296 4,664,296
26 Total expenses and disbursements. Add lines 24 and 25 5,384,334 540,771   4,703,745
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,617,536
b Net investment income (if negative, enter -0-) 3,137,015
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............. 688,674    
2 Savings and temporary cash investments......... 2,934,972 1,814,436 1,814,436
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 28,107,396 Click to see attachment27,668,049 26,911,168
b Investments—corporate stock (attach schedule)....... 7,115,659 Click to see attachment7,555,004 15,776,703
c Investments—corporate bonds (attach schedule)....... 7,467,436 Click to see attachment6,797,818 6,403,610
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,749,885 Click to see attachment16,611,179 21,442,225
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) 62,064,022 60,446,486 72,348,142
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........ 63,624,400 63,624,400
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -1,560,378 -3,177,914
30 Total net assets or fund balances (see instructions)..... 62,064,022 60,446,486
31 Total liabilities and net assets/fund balances (see instructions). 62,064,022 60,446,486
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
62,064,022
2
Enter amount from Part I, line 27a .....................
2
-1,617,536
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
60,446,486
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
60,446,486
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 PASSTHROUGH FROM PLEIADES INVESTMENT PARTNERS, L.P. P    
b paSSTHROUGH FROM PLEIADES INVESTMENT PARTNERS, L.P. P    
c PASSTHROUGH FROM THE VITTORIA FUND LP P    
d PASSTHROUGH FROM THE VITTORIA FUND LP P    
e PASSTHROUGH FROM VERITABLE LONG BIASED DOMESTIC FUND LP P    
PASSTHROUGH FROM VERITABLE LONG BIASED DOMESTIC FUND LP P    
PASSTHROUGH FROM VERITABLE LONG BIASED DOMESTIC FUND LP P    
PASSTHROUGH FROM BLACKSTONE GROUP LP P    
CHARLES SCHWAB & CO (BALDWIN LARGE CAP) - PUBLICLY TRADED SECURITIES P    
CHARLES SCHWAB & CO (INCOME HOLDING ACCOUNT ) - PUBLICLY TRADED SECURITIES P    
CHARLES SCHWAB & CO (FIXED INCOME ACCOUNT) - PUBLICLY TRADED SECURITIES P    
CHARLES SCHWAB & CO (EQUITY ACCOUNT) - PUBLICLY TRADED SECURITIES P    
CHARLES SCHWAB & CO (EQUITY ACCOUNT) - PUBLICLY TRADED SECURITIES P    
PNC COMBINED ACCOUNTS - publicly traded securities P    
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       44,676
b       20,395
c       5,784
d       247,531
e       12,109
      40,478
      663
      970
1,411,770   460,118 951,652
2,040,000   2,031,258 8,742
2,662,542   2,673,851 -11,309
9,768   6,849 2,919
154,707   156,760 -2,053
1,156,944   1,094,414 62,530
6,255     6,255
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       44,676
b       20,395
c       5,784
d       247,531
e       12,109
      40,478
      663
      970
      951,652
      8,742
      -11,309
      2,919
      -2,053
      62,530
      6,255
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 1,391,342
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 3,482,015 77,413,851 0.044979
2016 4,393,961 75,614,154 0.058110
2015 4,285,646 79,218,936 0.054099
2014 3,962,294 80,848,678 0.049009
2013 3,151,246 78,619,199 0.040082
2
Total of line 1, column (d) .....................
2
0.246279
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
0.049256
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
78,339,424
5
Multiply line 4 by line 3......................
5
3,858,687
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
31,370
7
Add lines 5 and 6........................
7
3,890,057
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,703,745
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 31,370
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 31,370
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 31,370
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 42,780
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 42,780
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,410
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet11,410 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWY
    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 ofbulletBALDWIN FAMILY OFFICE LLC Telephone no.bullet (610) 260-1555

    Located atbullet100 FOUR FALLS CORP CTR STE 202WEST CONSHOHOCKENPA ZIP+4bullet19428
    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
    ROBERT BERRY TRUSTEE
    20.00     		0 0 0
    1122 SOLDIER CREEK ROAD
    WOLF,WY82844
    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
    VERITABLE LP INVESTMENT MANAGEMENT 159,270
    6022 WEST CHESTER PIKE
    NEWTOWN SQUARE,PA19073
    BALDWIN MANAGEMENT LLC INVESTMENT MANAGEMENT 99,460
    100 FOUR FALLS CORP CENTERSTE 202
    WEST CONSHOHOCKEN,PA19428
    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
    77,104,745
    b
    Average of monthly cash balances.......................
    1b
    2,427,665
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    79,532,410
    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
    79,532,410
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,192,986
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    78,339,424
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,916,971
    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
    3,916,971
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    31,370
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    17,911
    c
    Add lines 2a and 2b............................
    2c
    49,281
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,867,690
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,867,690
    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
    3,867,690
    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
    4,703,745
    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
    4,703,745
    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
    31,370
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,672,375
    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 3,867,690
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,533,416
    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$ 4,703,745
    a Applied to 2017, but not more than line 2a 1,533,416
    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..... 3,170,329
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		697,361
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Advocacy & Resource Center
    PO Box 581
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    American Bird Conservancy
    PO Box 249
    The Plains,VA20198     		None PC Unrestricted Gift 150,000
    American Rivers
    1101 14th Street NW No 1400
    Washington,DC20005     		None PC Unrestricted Gift 10,000
    American Tinnitus Assocation
    Dept 4049
    Washington,DC20042     		None PC Unrestricted Gift 5,000
    Association for the Colonial Theater
    PO Box 712
    Phoenixville,PA19460     		None PC Unrestricted Gift 200,000
    Audobon Rockies
    105 W Mountain Ave
    Fort Collins,CO80524     		None PC Restricted - WY Naturalists 25,000
    Bradford Brinton Memorial
    239 Brinton Road
    Big Horn,WY82833     		None PC Unrestricted Gift 25,000
    Child Development Center
    345 South Linden Avenue
    Sheriden,WY82801     		None PC Unrestricted Gift 2,000
    CLL Global Research Foundation
    1515 Holcombe Blvd - Suite 428
    Houston,TX77030     		None PC Unrestricted Gift 1,000,000
    Community Cloud Forest Conservation
    3059 Hampshire Blvd SE
    Grand Rapids,MI49506     		None PC Unrestricted Gift 10,000
    Cornell Laboratory of Ornithology
    C/O P H BARTELS 289 GREENWICH AVE
    Greenwich,CT06830     		None PC Unrestricted Gift 2,000,000
    Dayton Fire Department
    PO Box 396
    Dayton,WY82836     		None PC Unrestricted Gift 5,000
    Deep Portage Foundation
    2197 Nature Center Drive NW
    Hackensack,MN56452     		None PC Unrestricted Gift 15,000
    Delta Waterfowl Foundation
    PO Box 3128
    Bismark,ND58502     		None PC Unrestricted Gift 5,000
    Earth Span
    2656 Wade St
    Minden,NV89423     		None PC Assateague Island 16,000
    FARES
    Jones Branch Drive
    McLean,VA22102     		None PC Unrestricted Gift 100,000
    GM Sutton Avian Research Center
    PO Box 2007
    Bartlesville,OK74005     		None PC Unrestricted Gift 25,000
    Gary Sinise Foundation
    1901 Avenue of The Arts No 1050
    Los Angeles,CA90067     		None PC Unrestricted Gift 50,000
    Goose Valley Fire Department
    PO Box 641
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    Hawk Mountain Sanctuary
    1700 Hawk Mountain Road
    Kempton,PA19520     		None PC Unrestricted Gift 10,000
    High Arctic Institute
    603 10th Ave
    Orion,IL61273     		None PC Unrestricted Gift 25,000
    International Crane Foundation
    E11376 Shady Lane Road
    Baraboo,WI53913     		None PC Unrestricted Gift 20,000
    Island Conservation
    2100 Delaware Ave Ste 1
    Santa Cruz,CA95060     		None PC Unrestricted Gift 50,000
    Land Trust Alliance
    1250 H Street NW Suite 600
    Washington,DC20005     		None PC Unrestricted Gift 76,028
    Macal Raptor Center and Aviation Sanctuary
    119 Chapel Hill Drive
    Double Oak,TX75077     		None PC Education 10,000
    Malpai Borderlands Group
    PO Drawer 3536
    Douglas,AZ85608     		None PC Unrestricted Gift 5,000
    March of Dimes
    1275 Mamaroneck Ave
    White Plains,NY10605     		None PC Unrestricted Gift 2,000
    Montana Audobon
    324 Fuller Ave N5
    Helena,MT59601     		None PC Unrestricted Gift 5,000
    Mothers Against Drunk Driving
    511 E John Carpenter Freeway
    Irving,TX75062     		None PC Unrestricted Gift 2,000
    Mule Deer Foundation
    1939 South 4130 West Suite H
    Salt Lake City,UT84104     		None PC Unrestricted Gift 10,000
    North American Grouse Partnership
    11 Beavertail Rd
    Red Lodge,MT59068     		None PC Unrestricted Gift 5,000
    Ornithological Council
    6512 E Halbert Road
    Bethesda,MD20817     		None PC Unrestricted Gift 1,000
    Pheasants Forever
    1783 Boerele Circle
    St Paul,MN55110     		None PC Unrestricted Gift 2,000
    Powder River Basin Resource Council
    934 N Main Street
    Sheridan,WY82801     		None PC Unrestricted Gift 15,000
    Rainforest Trust
    7078 Airlie Road
    Warrenton,VA20187     		None PC Unrestricted Gift 25,000
    Ranchester Fire Department
    PO Box 477
    Ranchester,WY82839     		None PC Unrestricted Gift 5,000
    Raptors of the Rockies
    PO Box 250
    Florence,MT59833     		None PC Unrestricted Gift 5,000
    Renew
    1696 S Sheridan Ave
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    Research to Prevent Blindness
    360 Lexington Ave
    New York,NY10017     		None PC Unrestricted Gift 5,000
    Roger Tory Peterson Institute
    311 Curtis Street
    Jamestown,NY14701     		None PC Unrestricted Gift 2,000
    Science Kids
    1081 Airport Road
    Sheridan,WY82801     		None PC Unrestricted Gift 20,000
    Sheridan Artists Guild Et Al
    245 Broadway Street
    Sheridan,WY82801     		None PC Unrestricted Gift 10,000
    Sheridan Cnty YMCA
    417 N Jefferson Street
    Sheridan,WY82801     		None PC Unrestricted Gift 10,000
    Sheridan Co Memorial Hospital Fdn
    Po Box 391
    Sheridan,WY82801     		None PC Unrestricted Gift 25,000
    Sheridan College Foundation
    PO Box 6328
    Sheridan,WY82801     		None PC Unrestricted Gift 15,000
    Sheridan Community Land Trust
    PO Box 7185
    Sheridian,WY82801     		None PC Unrestricted Gift 5,000
    Sheridan County Conservation District
    1949 Sugarland Dr 102
    Sheridan,WY82801     		None PC Restricted - Power Plant 10,000
    Sheridan County Historical Society
    PO Box 73
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    Sheridan Senior Center
    211 Smith Street
    Sheridian,WY82801     		None PC Unrestricted Gift 10,000
    Shriners Hosptials for Children
    2900 N Rocky Point Drive
    Tampa,FL33607     		None PC Unrestricted Gift 25,000
    Teton Raptor Center
    PO Box 1805
    Wilson,WY83014     		None PC Unrestricted Gift 10,000
    The Nature Conservancy - WY
    4245 N Fairfax Drive Suite 100
    Arlington,VA22203     		None PC Restricted - Sheridan/Johnson County 10,000
    The Nature Conservancy - WY
    4245 N Fairfax Drive Suite 100
    Arlington,VA22203     		None PC Unrestricted Gift 10,000
    The Nature Conservancy of Montana
    4245 N Fairfax Drive Suite 100
    Arlington,VA22203     		None PC Unrestricted Gift 5,000
    The Peregrine Fund Inc
    5668 W Flying Hawk Ln
    Boise,ID83709     		None PC $150,000 Restricted to OBF Project, $250,000 Unrestricted 400,000
    The Raptor Center
    1920 Fitch Avenue
    St Paul,MN55108     		None PC Restricted - Operating 60,000
    The Raptor Center
    1920 Fitch Avenue
    St Paul,MN55108     		None PC Restriced - Redig Chair 25,000
    The Salvation Army
    PO Box 2011
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    University of Washington Penguin Project
    3924 Montlake Blvd NE
    Seattle,WA98195     		None PC Unrestricted Gift 15,000
    University of Washington Penguin Project
    3924 Montlake Blvd NE
    Seattle,WA98195     		None PC Unrestricted Gift 10,000
    WY Stock Growers Agricultural Land Trust
    PO Box 206
    Cheyenne,WY82003     		None PC Unrestricted Gift 10,000
    Wyo Theater
    Po Box 528
    Sheridan,WY82801     		None PC Unrestricted Gift 10,000
    Wyoming Outdoor Council
    262 Lincoln
    Lander,WY82520     		None PC Unrestricted Gift 10,000
    Wyoming Wilderness Association
    PO Box 6588
    Sheridan,WY82801     		None PC Unrestricted Gift 5,000
    Wyoming Wildlife Federation
    PO Box 1312
    Lander,WY82520     		None PC Unrestricted Gift 618
    Wyoming Wildlife Federation
    PO Box 1312
    Lander,WY82520     		None PC Unrestricted Gift 650
    Wyoming Wildlife Federation
    PO Box 1312
    Lander,WY82520     		None PC Unrestricted Gift 5,000
    Total .................................bullet 3a 4,664,296
    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 1,707,419  
    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.....     14 668,037  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,391,342  
    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 3,766,798 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,766,798
    (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 InvestmentsCorpBondsSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bank of NY Mellon Due 02-04-24 3.650% 525,000 550,835 526,076
    Berkshire Hathaway Fin NC Due 01-15-21 4.250% 500,000 547,895 512,855
    Chevron Corp (M-W +15) NC Due 06-24-23 3.191% 500,000 517,980 499,215
    Coca-Cola Co NC Due 11-01-23 3.200% 375,000 393,709 376,166
    Exxon Mobil Corp. NC Due 08-15-21 8.625% 250,000 323,888 286,190
    IBM Corp (M-W T+15) NC Due 02-12-24 3.625% 515,000 540,529 511,271
    JP Morgan Chase & Co. NC Due 04-23-19 6.300% 500,000 543,960 504,890
    Procter & Gamble (M-W+15) NC Due 02-02-26 2.700% 1,000,000 995,790 961,290
    Target Corp. NC Due 07-01-24 3.500% 500,000 530,636 503,335
    UPS of Amer Inc NC Due 04-01-20 8.375% 250,000 325,570 265,600
    US Bancorp Due 01-30-24 3.700% 595,000 644,564 604,223
    Wal-Mart Stores Inc Due 04-22-24 3.300% 850,000 882,462 852,499

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M Co. 1,000 84,338 190,540
    Abbott Laboratories 3,000 72,423 216,990
    AbbVie Inc. 3,525 (2018 ADD'N) 129,047 324,970
    Accenture Plc 3,000 94,215 423,030
    Adobe Systems Inc. 3,000 124,513 678,720
    Alphabet Inc. Class A 250 41,546 261,240
    Alphabet Inc. Class B 250 41,192 258,903
    Amazon.com 200 36,783 300,394
    American Tower Reit Inc. 2,000 85,996 316,380
    AMEX Consumer Staples Select SPDR 3150 (PARTIAL SALE) 72,434 159,957
    Apache Corp. 2.900 257,952 76,125
    Apple Inc. 7,300 (PARTIAL SALE) 33,474 1,151,502
    AT&T Inc. 6,000 155,370 171,240
    Beijing Enterprises Water Group Ltd. 190,000 146,351 98,325
    BlackRock Inc. 600 (2018 ADD'N) 200,472 235,692
    Broadcom Ltd. 934 (2018 ADD'N) 174,434 237,498
    Captial One Financial Corp. 2,100 (2018 ADD'N) 159,525 158,739
    Carnival Corp. Cl. A 3,000 141,610 147,900
    Celgene Corp 6,000 174,795 384,540
    Chevron Corp. 2,000 88,590 217,580
    Chubb Limited 2,000 141,490 258,360
    Coca-Cola Inc. 2,000 56,450 94,700
    Constellation Brands Inc - 217.73 sh (2018 purch) 101,245 74,781
    Costco Wholesale Corp. 1,200 112,430 244,452
    CVS Health Corp 2,250 138,459 147,420
    Danaher Corp 4,000 113,605 412,480
    Duke Energy Corp 1,560 64,358 134,628
    Fortive Corporation 3,400 116,487 230,044
    Goldman Sachs Group inc. 1,100 236,124 183,755
    Home Depot 1,600 229,910 274,912
    Intercontinental Exchange Group 2,650 144,003 199,625
    Johnson & Johnson 2,000 58,125 258,100
    JP Morgan Chase 4,000 156,095 390,480
    Lam Research Corp. 1190 (2018 Add'n) 152,426 162,042
    Las Vegas Sands Corp 1,600 100,974 83,280
    Liberty Property Trust 3,000 55,184 125,640
    Linde PLC 4000 115,245 624,160
    Metlife Inc. 2,732 123,693 112,176
    Mettler-toledo International 1,245 122,996 704,147
    Microsoft Corp. 1,000 47,550 101,570
    Modelez International Inc. 4,000 101,280 160,120
    NIKE Inc Cl. B 6,000 96,438 444,840
    Noble Energy Inc. 3,000 113,825 56,280
    Nvidia Corp - 247.60 SH 99,039 53,400
    NXP Semiconductors NV 1,000 99,777 73,280
    Progressive Corp. - Ohio 3,000 68,919 180,990
    Prudential Financial Inc. 2,250 137,367 183,488
    Qualcomm 3,500 162,492 199,185
    RenaissanceRe Holdings 1,000 79,903 133,700
    Roche Holdings Ltd. - Spons ADR 10,000 161,725 310,800
    Royal Dutch Shell PLC - ADR A 3,000 (2018 Purch) 170,220 174,810
    Schlumberger Ltd. 4,500 151,325 162,360
    Shopify Inc. Class A 650 (2018 purch) 96,473 89,993
    Starbucks Corp. 4,100 238,168 264,040
    Textron Inc. 7,000 213,000 321,930
    Thermo Fisher Scientific Inc. 1,500 89,123 335,685
    Tractor Supply Co. 1,500 137,703 125,160
    Union Pacific Corp. 2,000 51,026 276,460
    Visa Inc. - Class A Shares 4,000 83,530 527,760
    Wells Fargo & Co 500 27,391 23,040
    Yum China Holdings Inc 4,000 44,940 134,120
    Yum! Brands Inc. 4,000 115,019 367,680
    Zoetis Inc. 2,000 63,473 171,080
    Facebook Inc. 600 SH 100,243 78,654
    Fedex Corp 600 sh (2018 purch) 150,696 100,831

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    US Government Securities - End of Year Book Value:

    13,094,046
    US Government Securities - End of Year Fair Market Value:

    12,891,885
    State & Local Government Securities - End of Year Book Value:


    14,574,003
    State & Local Government Securities - End of Year Fair Market Value:


    14,019,283


    TY 2018 InvestmentsOtherSchedule2
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Blackstone Group LP 4,000 AT COST 73,286 119,240
    Brookfield Renewable Energy Partners LP 3,000 AT COST 100,047 77,700
    DFA International Core Equity 8,636 AT COST 113,188 101,039
    Dreyfus International Stock Fund CL I 9,462 AT COST 145,441 160,568
    Enterprise Procuts Partners 6,200 AT COST 148,249 152,458
    Invesco Water Resources EFT - 8000sh (2018 Purch) AT COST 135,400 225,680
    iShares Russell 2000 Index 15,815 AT COST 699,814 2,117,629
    iShares S&P 500/BARRA Value Index 24,823 AT COST 1,509,983 2,510,598
    Pleiades Investment Partners L.P. 180,263 AT COST 1,972,059 1,943,364
    SPDR S&P Mid-Cap 400 ETF Trust 12,673 AT COST 860,275 3,835,737
    Teekay LNG Partners LP 2,000 AT COST 31,765 22,040
    The Vittoria Fund L.P. 577,052 AT COST 9,265,783 8,021,580
    Vanguard Value Index Fund Admiral Shares 38051 AT COST 725,281 1,452,400
    Veritable Long Biased Domestic Fund LP 318,747 AT COST 660,243 555,340
    WCM Focused Intl Growth Fund 10474 AT COST 170,365 146,852

    TY 2018 LegalFeesSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MOHATT, RINALDO, JOHNSON & GOODWIN 720 0   720
    REYES RETREAGE LLP 17,120 0   17,120


    TY 2018 OtherExpensesSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC BANK FEES 27 0   27
    PASSTHROUGH FROM VERITABLE LONG BIASED DOMESTIC FUND LP 9,561 9,561   0
    PASSTHROUGH FROM PLEIADES INVESTMENT PARTNERS, L.P. 37,013 37,013   0
    PASSTHROUGH FROM VITTORIA FUND LP 191,964 191,964   0
    PASSTHROUGH FROM BLACKSTONE GROUP LP K-1 352 352   0
    PASSTHROUGH FROM BROOKFIELD ENERGY PARTNERS K-1 266 266   0
    PASSTHROUGH FROM TEEKAY LNG K-1 4,096 4,096   0


    TY 2018 OtherIncomeSchedule2
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    REFUND OF EXCISE TAX 58,149 0 58,149
    PASSTHROUGH FROM PLEIADES 180,975 180,975 180,975
    PASSTROUGH FROM VITTORIA 419,824 419,824 419,824
    PASSTHROUGH FROM VERITABLE LONG BIASED 9,309 9,309 9,309
    PASSTHROUGH FROM BLACKSTONE GROUP LP K-1 2,118 2,118 2,118
    PASSTHROUGH FROM ENTERPRISE PRODUCTS PARTNERS K-1 (PAL LIMITED) 0 0 0
    PASSTHROUGH FROM TEEKAY LNG K-1 (FINAL YEAR) -2,338 -2,338 -2,338


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUSAN BERRY-GORELLI 4,000 4,000   0
    VERITABLE LP 159,270 159,270   0
    BALDWIN INVESTMENT MANAGEMENT 99,160 99,160   0
    ADR FEES 10,284 9,917   0
    PREHODA, LEONARD & EDWARDS LLC 3,894 0   3,894
    EVERSHEDS SUTHERLAND LLP 17,688 0   17,688


    TY 2018 TaxesSchedule
    Name:
    WOLF CREEK FOUNDATION
     
    C/O BALDWIN FAMILY OFFICE
    EIN:
    83-0310959
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX - 2017 61,000 0   0
    EXCISE TAX - 2018 42,000 0   0
    FOREIGN TAXES - VERITABLE LONG BIASED DOMESTIC FUND LP 141 141   0
    FOREIGN TAXES - THE VITTORIA FUND 19,250 19,250   0
    FOREIGN TAXES - PLEIADES 158 158   0
    UNRELATED BUSINESS INCOME TAX - 2017 16,451 0   0
    UNRELATED BUSINESS INCOME TAX - 2018 20,000 0   0
    CHARLES SCHWAB & CO (BALDWIN LARGE CAP) 2,570 2,570   0
    CHARLES SCHWAB & CO (EQUITY ACCOUNT) FOREIGN TAXES 869 869   0
    FOREIGN TAXES - PNC ACCOUT 2,184 2,184   0