TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

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

Name of foundation
KAO FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1200 EAST 151ST STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
OLATHE, KS66062

A Employer identification number

20-2014620

B Telephone number (see instructions)

(913) 897-8200

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$54,169,490J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)	7,296
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	1,213,981		1,213,981
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		42,870,575
b	Gross sales price for all assets on line 6a 62,332,677
7	Capital gain net income (from Part IV, line 2)...			42,872,107
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).......		667	667
12	Total. Add lines 1 through 11........	44,092,519		44,086,755
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).........		70,654	0	0
b	Accounting fees (attach schedule).......		8,003	8,003	0
c	Other professional fees (attach schedule)....		24,127	24,127	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		493,553	8,053	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	4,976		0	0
22	Printing and publications..........	239		0	0
23	Other expenses (attach schedule).......		5,204	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	606,756		40,183	0
25	Contributions, gifts, grants paid.......	2,720,398			2,720,398
26	Total expenses and disbursements. Add lines 24 and 25	3,327,154		40,183	2,720,398
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	40,765,365
b	Net investment income (if negative, enter -0-)			44,046,572
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	542,084
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	0	11,171,019	11,179,764
	b	Investments—corporate stock (attach schedule).......	3,768,029	532,354	4,843,867
	c	Investments—corporate bonds (attach schedule).......	3,530,174	38,573,955	36,776,786
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,572,231	1,426,929	1,369,073
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,412,518	51,704,257	54,169,490
	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 )	0	1,526,374
	23	Total liabilities (add lines 17 through 22).........	0	1,526,374
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	9,412,518	50,177,883
	30	Total net assets or fund balances (see instructions).....	9,412,518	50,177,883
	31	Total liabilities and net assets/fund balances (see instructions).	9,412,518	51,704,257

Part III

Analysis of Changes in Net Assets or Fund Balances

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

9,412,518

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

40,765,365

Other increases not included in line 2 (itemize) bullet

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

50,177,883

Decreases not included in line 2 (itemize) bullet

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

50,177,883

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	AT&T INC		2018-08-23	2018-12-04
b	BCE INC		2018-06-27	2018-12-04
c	DOWDUPONT INC		2018-06-27	2018-08-24
d	DOWDUPONT INC		2018-11-15	2018-12-04
e	EXXON MOBIL CORP		2018-08-24	2018-08-27
	EXXON MOBIL CORP		2018-08-24	2018-12-04
	JOHNSON CTLS INTL PLC		2018-08-23	2018-12-04
	JOHNSON CTLS INTL PLC		2018-08-24	2018-12-04
	NOVARTIS AG ADR		2018-08-23	2018-08-27
	NOVARTIS AG ADR		2018-08-24	2018-08-27
	PHILIP MORRIS INTL INC		2018-08-23	2018-08-27
	PHILIP MORRIS INTL INC		2018-08-23	2018-12-04
	PHILIP MORRIS INTL INC		2018-08-24	2018-12-04
	PHILIP MORRIS INTL INC		2018-08-24	2018-12-04
	SIEMENS AKTIENGESELLSCHAFT		2018-02-14	2018-12-04
	SUNTRUSTBKS		2018-02-13	2018-08-24
	SUNTRUSTBKS		2018-02-14	2018-08-24
	SUNTRUSTBKS		2017-12-19	2018-12-04
	SUNTRUSTBKS		2018-02-13	2018-12-04
	SUNTRUSTBKS		2018-06-27	2018-12-04
	WALGREENS BOOTS ALLIANCE INC		2018-06-20	2018-12-04
	WALGREENS BOOTS ALLIANCE INC		2018-07-02	2018-12-04
	WALGREENS BOOTS ALLIANCE INC		2018-08-23	2018-12-04
	WELLTOWER INC		2018-06-27	2018-12-04
	ADIENT PLC COM		2016-10-28	2018-06-27
	ALTRIA GROUP INC		2014-03-24	2018-12-04
	ASTRAZENECA PLC ADS		2016-01-11	2018-08-24
	BCE INC		2013-02-12	2018-12-04
	BCE INC		2013-02-13	2018-12-04
	BCE INC		2014-03-24	2018-12-04
	BCE INC		2016-11-09	2018-12-04
	BCE INC		2017-04-04	2018-12-04
	BOEING CO		2015-05-11	2018-01-19
	BOEING CO		2016-03-31	2018-01-19
	BOEING CO		2016-03-31	2018-06-27
	BOEING CO		2016-03-31	2018-12-04
	BRIGHTHOUSE FINL INC		2013-03-26	2018-06-27
	BRIGHTHOUSE FINL INC		2013-06-20	2018-06-27
	BRIGHTHOUSE FINL INC		2016-01-11	2018-06-27
	CHEVRON CORP		2016-01-11	2018-12-04
	CHUBB LTD		2015-09-18	2018-12-04
	CHUBB LTD		2016-01-11	2018-12-04
	CISCO SYS INC		2013-06-20	2018-08-24
	CISCO SYS INC		2016-01-11	2018-08-24
	CISCO SYS INC		2012-09-18	2018-12-04
	CISCO SYS INC		2013-06-20	2018-12-04
	CONOCOPHILLIPS		2012-06-08	2018-08-24
	CONOCOPHILLIPS		2016-01-11	2018-08-24
	CONOCOPHILLIPS		2016-01-11	2018-12-04
	CORNING INC		2016-03-31	2018-08-24
	CORNING INC		2014-02-03	2018-12-04
	CORNING INC		2016-01-11	2018-12-04
	CORNING INC		2016-03-31	2018-12-04
	DOWDUPONT INC		2014-03-24	2018-08-24
	DOWDUPONT INC		2016-01-11	2018-08-24
	DOWDUPONT INC		2016-01-11	2018-12-04
	EXXON MOBIL CORP		2017-04-04	2018-08-27
	EXXON MOBIL CORP		2017-04-04	2018-08-27
	EXXON MOBIL CORP		2015-09-22	2018-12-04
	EXXON MOBIL CORP		2018-08-23	2018-12-04
	EXXON MOBIL CORP		2018-08-24	2018-12-04
	GENERAL ELECTRIC CO		2014-03-24	2018-02-13
	HCP INCORPORATED		2014-03-24	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2016-01-11	2018-12-04
	JOHNSON CTLS INTL PLC		2016-09-06	2018-08-27
	JOHNSON CTLS INTL PLC		2016-09-06	2018-12-04
	JOHNSON CTLS INTL PLC		2016-11-09	2018-12-04
	JOHNSON CTLS INTL PLC		2017-04-04	2018-12-04
	JPMORGAN CHASE & CO		2014-06-06	2018-08-24
	JPMORGAN CHASE & CO		2012-03-28	2018-12-04
	JPMORGAN CHASE & CO		2014-06-06	2018-12-04
	METLIFE INCORPORATED		2013-03-26	2018-06-27
	METLIFE INCORPORATED		2013-03-26	2018-10-25
	METLIFE INCORPORATED		2013-06-20	2018-10-25
	METLIFE INCORPORATED		2016-01-11	2018-10-25
	METLIFE INCORPORATED		2017-08-11	2018-10-25
	NOVARTIS AG ADR		2017-04-04	2018-08-27
	NOVARTIS AG ADR		2016-11-09	2018-12-04
	NOVARTIS AG ADR		2017-04-04	2018-12-04
	PFIZER INC		2014-06-12	2018-06-27
	PFIZER INC		2016-01-11	2018-08-24
	PFIZER INC		2014-06-12	2018-12-04
	PFIZER INC		2016-01-11	2018-12-04
	PFIZER INC		2017-09-12	2018-12-04
	PHILIP MORRIS INTL INC		2014-03-27	2018-12-04
	RAYTHEON CO (NEW)		2012-04-18	2018-08-24
	RAYTHEON CO (NEW)		2012-04-18	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2013-06-20	2018-08-24
	ROYAL DUTCH SHELL PLC CL B		2013-06-20	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2016-01-11	2018-12-04
	SIEMENS AKTIENGESELLSCHAFT		2017-09-13	2018-12-04
	WELLS FARGO & CO NEW		2015-03-24	2018-12-04
	WELLS FARGO & CO NEW		2015-06-15	2018-12-04
	WELLS FARGO & CO NEW		2016-01-11	2018-12-04
	WELLTOWER INC		2016-11-09	2018-08-24
	WELLTOWER INC		2016-11-09	2018-12-04
	ALTRIA GROUP INC		2008-04-07	2018-08-23
	ALTRIA GROUP INC		2008-04-07	2018-12-04
	ASTRAZENECA PLC ADS		2008-07-07	2018-08-23
	ASTRAZENECA PLC ADS		2008-07-07	2018-08-24
	AT&T INC		2007-10-17	2018-08-24
	AT&T INC		2007-11-02	2018-08-24
	AT&T INC		2007-07-19	2018-12-04
	AT&T INC		2007-08-28	2018-12-04
	AT&T INC		2007-11-02	2018-12-04
	AT&T INC		2007-12-04	2018-12-04
	CHEVRON CORP		2007-11-02	2018-12-04
	CHEVRON CORP		2007-12-04	2018-12-04
	CONOCOPHILLIPS		2009-11-04	2018-12-04
	DIAGEO PLC SPON ADR NEW		2007-10-17	2018-08-24
	DIAGEO PLC SPON ADR NEW		2007-11-02	2018-08-24
	DIAGEO PLC SPON ADR NEW		2007-07-19	2018-12-04
	DIAGEO PLC SPON ADR NEW		2007-08-28	2018-12-04
	DIAGEO PLC SPON ADR NEW		2007-10-17	2018-12-04
	DIAGEO PLC SPON ADR NEW		2007-12-04	2018-12-04
	DOWDUPONT INC		2009-12-30	2018-12-04
	DOWDUPONT INC		2009-12-31	2018-12-04
	ELI LILLY & CO		2008-06-06	2018-12-04
	GENERAL ELECTRIC CO		2007-07-19	2018-02-13
	GENERAL ELECTRIC CO		2007-08-28	2018-02-13
	GENERAL ELECTRIC CO		2007-10-17	2018-02-13
	GENERAL ELECTRIC CO		2007-11-02	2018-02-13
	GENERAL ELECTRIC CO		2007-12-04	2018-02-13
	GENUINE PARTS CO		2007-10-17	2018-08-24
	GENUINE PARTS CO		2007-11-02	2018-08-24
	GENUINE PARTS CO		2007-10-17	2018-12-04
	GENUINE PARTS CO		2007-12-04	2018-12-04
	HCP INCORPORATED		2010-06-29	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2009-06-03	2018-12-04
	INTEL CORP		2009-11-23	2018-06-27
	INTEL CORP		2009-11-23	2018-12-04
	JOHNSON & JOHNSON		2010-05-17	2018-08-24
	JOHNSON & JOHNSON		2008-10-10	2018-12-04
	JOHNSON & JOHNSON		2010-05-17	2018-12-04
	KIMBERLY CLARK CORP		2007-07-19	2018-12-04
	KIMBERLY CLARK CORP		2007-08-28	2018-12-04
	KIMBERLY CLARK CORP		2007-10-17	2018-12-04
	KIMBERLY CLARK CORP		2007-11-02	2018-12-04
	KIMBERLY CLARK CORP		2007-12-04	2018-12-04
	MERCK & CO INC NEW COM		2011-10-05	2018-06-27
	MERCK & CO INC NEW COM		2011-10-05	2018-08-24
	MERCK & CO INC NEW COM		2011-10-05	2018-12-04
	MICROSOFT CORP		2009-04-20	2018-01-19
	MICROSOFT CORP		2010-09-03	2018-01-19
	MICROSOFT CORP		2011-07-27	2018-08-24
	MICROSOFT CORP		2010-09-03	2018-12-04
	MICROSOFT CORP		2011-07-27	2018-12-04
	NEXTERA ENERGY INC		2009-02-20	2018-08-24
	NEXTERA ENERGY INC		2009-02-20	2018-12-04
	PHILIP MORRIS INTL INC		2007-10-17	2018-12-04
	PHILIP MORRIS INTL INC		2007-11-02	2018-12-04
	PHILIP MORRIS INTL INC		2007-12-04	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2011-03-29	2018-08-24
	TRAVELERS COMPANIES INC COM		2009-03-30	2018-12-04
	UNILEVER NV NY SH NEW		2007-12-04	2018-08-24
	UNILEVER NV NY SH NEW		2007-07-19	2018-12-04
	UNILEVER NV NY SH NEW		2007-08-28	2018-12-04
	UNILEVER NV NY SH NEW		2007-10-17	2018-12-04
	UNILEVER NV NY SH NEW		2007-11-02	2018-12-04
	UNILEVER NV NY SH NEW		2007-12-04	2018-12-04
	WELLTOWER INC		2007-07-19	2018-12-04
	WELLTOWER INC		2007-08-28	2018-12-04
	WELLTOWER INC		2007-10-17	2018-12-04
	WELLTOWER INC		2007-11-02	2018-12-04
	3M COMPANY		2009-01-05	2018-08-24
	3M COMPANY		2009-01-05	2018-12-04
	ASE TECHNOLOGY HLDG CO LTD ADR		2018-06-25	2018-12-04
	ASE TECHNOLOGY HLDG CO LTD ADR		2018-06-25	2018-12-04
	BOC HONG KONG LTD SPONS ADR		2018-06-25	2018-12-04
	BOC HONG KONG LTD SPONS ADR		2018-06-26	2018-12-04
	BOC HONG KONG LTD SPONS ADR		2018-06-27	2018-12-04
	CHINA PETE&CHEM CP ADS H SHS		2018-02-13	2018-12-04
	CHINA PETE&CHEM CP ADS H SHS		2018-03-26	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2017-09-14	2018-07-16
	DAIMLER AG-UNSPONSORED ADR		2017-12-12	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2018-06-25	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2018-06-25	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2018-11-19	2018-12-04
	GLAXOSMITHKLINE PLC ADR		2018-02-15	2018-12-04
	HONDA MOTOR COMPANY LTD ADR		2018-06-25	2018-12-04
	HONDA MOTOR COMPANY LTD ADR		2018-08-09	2018-12-04
	IMPERIAL BRANDS PLC SPD ADR		2018-04-09	2018-12-04
	IMPERIAL BRANDS PLC SPD ADR		2018-04-10	2018-12-04
	ING GROEP NV ADR		2018-06-25	2018-11-26
	LLOYDS BANKING GROUP PLC		2018-02-13	2018-12-04
	MICHELIN COMPAGNIE GENERALE DE		2018-08-09	2018-12-04
	MMC NORILSK NICKL PJSC SPS ADR		2018-01-18	2018-12-04
	MUENCHENER RUECK-UNSPONS ADR		2018-11-19	2018-12-04
	NIPPON TELEGRAPH&TELEPHONE ADS		2018-07-18	2018-12-04
	NN GROUP NV ADR		2018-06-25	2018-12-04
	NN GROUP NV ADR		2018-06-25	2018-12-04
	NN GROUP NV ADR		2018-06-25	2018-12-04
	ROCHE HOLDINGS ADR		2018-08-09	2018-12-04
	TELEFONICA BRASIL SA SPON ADR		2018-01-22	2018-12-04
	TELEFONICA BRASIL SA SPON ADR		2018-01-23	2018-12-04
	VODAFONE GROUP PLC		2018-06-25	2018-12-04
	VODAFONE GROUP PLC		2018-11-26	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2018-08-09	2018-12-04
	ABB LTD		2012-01-09	2018-12-04
	ABB LTD		2015-11-06	2018-12-04
	ABB LTD		2016-01-11	2018-12-04
	ALLIANZ SE ADS		2015-11-04	2018-12-04
	ALLIANZ SE ADS		2016-01-11	2018-12-04
	ALLIANZ SE ADS		2016-02-03	2018-12-04
	ASE TECHNOLOGY HLDG CO LTD ADR		2017-04-05	2018-05-01
	ASE TECHNOLOGY HLDG CO LTD ADR		2017-04-05	2018-12-04
	ASE TECHNOLOGY HLDG CO LTD ADR		2017-07-10	2018-12-04
	ASTRAZENECA PLC ADS		2016-01-11	2018-12-04
	BAE SYS PLC SPON ADR		2016-01-11	2018-12-04
	BCE INC		2014-03-04	2018-12-04
	BCE INC		2014-03-05	2018-12-04
	BCE INC		2016-01-11	2018-12-04
	BNP PARIBAS SP ADR REPSTG		2014-01-08	2018-05-09
	BNP PARIBAS SP ADR REPSTG		2014-01-08	2018-12-04
	BNP PARIBAS SP ADR REPSTG		2015-07-20	2018-12-04
	BNP PARIBAS SP ADR REPSTG		2016-01-11	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2017-09-14	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2017-10-04	2018-12-04
	DAIMLER AG-UNSPONSORED ADR		2018-06-25	2018-12-04
	DEUTSCHE TELEKOM AG 1 ORD IADS		2013-09-12	2018-12-04
	DIAGEO PLC SPON ADR NEW		2016-02-02	2018-12-04
	ENGIE SPONS ADR		2013-08-23	2018-02-13
	ENGIE SPONS ADR		2016-05-05	2018-02-13
	ENGIE SPONS ADR		2016-06-10	2018-02-13
	ENGIE SPONS ADR		2016-06-10	2018-12-04
	ENGIE SPONS ADR		2017-07-11	2018-12-04
	GLAXOSMITHKLINE PLC ADR		2013-01-11	2018-01-18
	GLAXOSMITHKLINE PLC ADR		2013-04-02	2018-01-18
	GLAXOSMITHKLINE PLC ADR		2013-04-02	2018-12-04
	GLAXOSMITHKLINE PLC ADR		2014-02-07	2018-12-04
	HONDA MOTOR COMPANY LTD ADR		2015-02-27	2018-12-04
	HONDA MOTOR COMPANY LTD ADR		2016-01-11	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2012-12-11	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2016-01-11	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2016-11-22	2018-12-04
	IMPERIAL BRANDS PLC SPD ADR		2013-04-24	2018-12-04
	IMPERIAL BRANDS PLC SPD ADR		2014-03-04	2018-12-04
	IMPERIAL BRANDS PLC SPD ADR		2017-07-10	2018-12-04
	ING GROEPNVADR		2016-12-09	2018-11-26
	ING GROEPNVADR		2017-01-20	2018-11-26
	ING GROEPNVADR		2017-07-10	2018-11-26
	JAPAN TOB INC		2014-10-24	2018-04-09
	JAPAN TOB INC		2014-10-24	2018-04-10
	JAPAN TOB INC		2015-07-16	2018-04-10
	MANULIFE FINANCIAL CORP		2013-03-13	2018-12-04
	MANULIFE FINANCIAL CORP		2013-08-09	2018-12-04
	MANULIFE FINANCIAL CORP		2016-11-22	2018-12-04
	MICHELIN COMPAGNIE GENERALE DE		2015-02-05	2018-12-04
	MMC NORILSK NICKL PJSC SPS ADR		2016-11-22	2018-04-25
	MMC NORILSK NICKL PJSC SPS ADR		2016-11-22	2018-04-26
	MMC NORILSK NICKL PJSC SPS ADR		2016-11-22	2018-04-27
	MMC NORILSK NICKL PJSC SPS ADR		2016-11-22	2018-12-04
	MUENCHENER RUECK-UNSPONS ADR		2012-04-13	2018-12-04
	NIPPON TELEGRAPH&TELEPHONE ADS		2013-07-23	2018-02-13
	NIPPON TELEGRAPH&TELEPHONE ADS		2013-07-23	2018-12-04
	NN GROUP NV ADR		2017-07-10	2018-12-04
	NN GROUP NV ADR		2017-07-11	2018-12-04
	ORKLA ADR A SHS		2014-02-11	2018-01-18
	ORKLA ADR A SHS		2014-02-11	2018-02-13
	ORKLA ADR A SHS		2014-02-12	2018-02-13
	ORKLA ADR A SHS		2014-02-12	2018-05-07
	ORKLA ADR A SHS		2014-02-12	2018-12-04
	ORKLA ADR A SHS		2014-02-13	2018-12-04
	PROSIEBENSAT 1 MEDIA AG ADR		2016-09-27	2018-01-18
	PROSIEBENSAT 1 MEDIA AG ADR		2016-09-27	2018-01-18
	PROSIEBENSAT 1 MEDIA AG ADR		2016-09-27	2018-06-12
	PROSIEBENSAT 1 MEDIA AG ADR		2016-09-27	2018-12-04
	PROSIEBENSAT 1 MEDIA AG ADR		2017-07-10	2018-12-04
	PROSIEBENSAT 1 MEDIA AG ADR		2018-02-16	2018-12-04
	PT TELEKOMUNIKASI INDONESIA		2012-04-17	2018-08-30
	PT TELEKOMUNIKASI INDONESIA		2012-04-17	2018-08-31
	ROCHE HOLDINGS ADR		2016-01-11	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2016-01-11	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2017-02-10	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2017-05-25	2018-12-04
	SIEMENS AKTIENGESELLSCHAFT		2016-01-11	2018-12-04
	SINGAPORE TELECOM LTD ADR NEW		2011-12-22	2018-12-04
	SINGAPORE TELECOM LTD ADR NEW		2011-12-23	2018-12-04
	SINGAPORE TELECOM LTD ADR NEW		2011-12-27	2018-12-04
	SMITHS GROUP PLC SPONSORED ADR		2016-01-11	2018-12-04
	SMITHS GROUP PLC SPONSORED ADR		2017-07-10	2018-12-04
	SMURFIT KAPPA GROUP PLC ADR		2017-01-30	2018-04-03
	SMURFIT KAPPA GROUP PLC ADR		2017-01-30	2018-04-23
	SMURFIT KAPPA GROUP PLC ADR		2017-01-30	2018-12-04
	SMURFIT KAPPA GROUP PLC ADR		2017-07-11	2018-12-04
	SMURFIT KAPPA GROUP PLC ADR		2017-08-22	2018-12-04
	SONIC HEALTHCARE LTD		2016-01-11	2018-12-04
	SSE PLC SPON ADR		2014-03-20	2018-12-04
	TELEFONICA BRASIL SA SPON ADR		2016-07-05	2018-12-04
	TOTAL S A SPON ADR		2012-11-30	2018-02-12
	TOTAL S A SPON ADR		2012-11-30	2018-12-04
	TOTAL S A SPON ADR		2013-08-09	2018-12-04
	TOTAL S A SPON ADR		2016-01-11	2018-12-04
	UBS GROUP AG SHS		2015-03-20	2018-12-04
	UBS GROUP AG SHS		2016-01-11	2018-12-04
	UTD OVERSEAS BK LTD SPON ADR		2016-08-05	2018-12-04
	VERMILION ENERGY INC		2016-08-04	2018-02-12
	VERMILION ENERGY INC		2016-08-04	2018-02-13
	VERMILION ENERGY INC		2016-08-04	2018-12-04
	VERMILION ENERGY INC		2016-10-20	2018-12-04
	VERMILION ENERGY INC		2017-04-03	2018-12-04
	VODAFONE GROUP PLC		2016-01-11	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2011-11-16	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2016-01-11	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2016-11-22	2018-12-04
	ASTRAZENECA PLC ADS		2008-10-13	2018-12-04
	ASTRAZENECA PLC ADS		2008-10-14	2018-12-04
	BAE SYS PLC SPON ADR		2010-05-12	2018-12-04
	BOC HONG KONG LTD SPONS ADR		2010-02-22	2018-02-13
	BOC HONG KONG LTD SPONS ADR		2010-02-22	2018-12-04
	BRITISH AMER TOB SPON ADR		2007-07-19	2018-12-04
	BRITISH AMER TOB SPON ADR		2007-08-29	2018-12-04
	BRITISH AMER TOB SPON ADR		2007-10-18	2018-12-04
	BRITISH AMER TOB SPON ADR		2009-08-05	2018-12-04
	BRITISH AMER TOB SPON ADR		2009-08-06	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2009-04-08	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2009-04-16	2018-12-04
	HSBC HOLDINGS PLC SPON ADR NEW		2009-11-10	2018-12-04
	MUENCHENER RUECK-UNSPONS ADR		2009-06-05	2018-12-04
	NESTLE SPON ADR REP REG SHR		2007-07-19	2018-12-04
	NESTLE SPON ADR REP REG SHR		2007-10-18	2018-12-04
	NOVARTIS AG ADR		2009-03-19	2018-12-04
	NOVARTIS AG ADR		2009-06-02	2018-12-04
	ROCHE HOLDINGS ADR		2010-07-12	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2010-10-15	2018-12-04
	ROYAL DUTCH SHELL PLC CL B		2010-11-15	2018-12-04
	SANOFI ADR		2011-10-24	2018-12-04
	SANOFI ADR		2011-10-25	2018-12-04
	SANOFI ADR		2011-12-21	2018-12-04
	SIEMENS AKTIENGESELLSCHAFT		2010-01-29	2018-01-18
	SIEMENS AKTIENGESELLSCHAFT		2010-01-29	2018-12-04
	SIEMENS AKTIENGESELLSCHAFT		2010-02-08	2018-12-04
	SINGAPORE TELECOM LTD ADR NEW		2007-08-29	2018-02-13
	SINGAPORE TELECOM LTD ADR NEW		2007-08-29	2018-12-04
	SINGAPORE TELECOM LTD ADR NEW		2011-09-12	2018-12-04
	SMITHS GROUP PLC SPONSORED ADR		2011-09-07	2018-12-04
	SMITHS GROUP PLC SPONSORED ADR		2011-09-08	2018-12-04
	TOTAL S A SPON ADR		2009-02-25	2018-02-12
	UNILEVER NV NY SH NEW		2007-10-02	2018-01-18
	UNILEVER NV NY SH NEW		2007-10-18	2018-01-18
	UNILEVER NV NY SH NEW		2007-10-18	2018-12-04
	UNILEVER NV NY SH NEW		2007-12-10	2018-12-04
	UNILEVER NV NY SH NEW		2008-10-02	2018-12-04
	UTD OVERSEAS BK LTD SPON ADR		2007-08-29	2018-12-04
	UTD OVERSEAS BK LTD SPON ADR		2007-11-29	2018-12-04
	VODAFONE GROUP PLC		2007-08-29	2018-07-18
	VODAFONE GROUP PLC		2008-09-29	2018-07-18
	VODAFONE GROUP PLC		2008-09-29	2018-12-04
	VODAFONE GROUP PLC		2009-06-17	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2010-05-10	2018-12-04
	ZURICH INSURANCE GRP LTD ADR		2010-05-13	2018-12-04
	MSIF ULTRA-SHORT INCOME A		2017-12-28	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-12-29	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-01-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-02-28	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-03-29	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-04-30	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-05-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-06-29	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-07-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-08-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-09-28	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-10-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-17
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-19
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-19
	MSIF ULTRA-SHORT INCOME A		2018-12-10	2018-12-19
	MSIF ULTRA-SHORT INCOME A		2018-12-10	2018-12-19
	MSIF ULTRA-SHORT INCOME A		2018-12-10	2018-12-19
	GARMIN LTD SMS		2017-12-22	2018-09-13
	GARMIN LTD SMS		2017-12-22	2018-09-13
	GARMIN LTD SMS		2017-12-22	2018-09-13
	GARMIN LTD SMS		2017-12-22	2018-09-14
	US TSY BILL 00000 19JA22		2018-12-20	2018-12-21
	MSIF ULTRA-SHORT INCOME A		2017-07-24	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-07-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-08-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-09-29	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-10-31	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2017-11-30	2018-12-12
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-19
	MSIF ULTRA-SHORT INCOME A		2018-11-30	2018-12-19
	AT&T INC 5500 18FB01		2009-06-30	2018-02-01
	GARMIN LTD SHS		2008-11-12	2018-09-07
	GARMIN LTD SHS		2008-11-13	2018-09-07
	GARMIN LTD SHS		2008-11-17	2018-09-07
	GARMIN LTD SHS		2008-11-18	2018-09-07
	GARMIN LTD SHS		2008-11-19	2018-09-07
	GARMIN LTD SHS		2008-11-20	2018-09-07
	GARMIN LTD SHS		2008-11-21	2018-09-07
	GARMIN LTD SHS		2011-12-20	2018-09-07
	GARMIN LTD SHS		2011-12-20	2018-09-10
	GARMIN LTD SHS		2015-12-09	2018-09-10
	GARMIN LTD SHS		2015-12-09	2018-09-11
	GARMIN LTD SHS		2015-12-09	2018-09-12
	GARMIN LTD SHS		2016-12-20	2018-09-12
	GARMIN LTD SHS		2016-12-20	2018-09-13
	GARMIN LTD SHS		2018-11-09	2018-11-28
	GARMIN LTD SHS		2018-11-09	2018-11-28
	GARMIN LTD SHS		2018-11-09	2018-11-29
	GARMIN LTD SHS		2018-11-09	2018-11-29
	GARMIN LTD SHS		2018-11-09	2018-11-30
	GARMIN LTD SHS		2018-11-09	2018-11-30
	GARMIN LTD SHS		2018-11-09	2018-12-03
	GARMIN LTD SHS		2018-11-09	2018-12-03
	GARMIN LTD SHS		2018-11-09	2018-12-04
	GARMIN LTD SHS		2018-11-09	2018-12-04
	GARMIN LTD SHS		2018-11-09	2018-12-06
	GARMIN LTD SHS		2018-11-09	2018-12-11
	GARMIN LTD SHS		2018-11-09	2018-12-11
	GARMIN LTD SHS		2018-11-09	2018-12-12
	GARMIN LTD SHS		2018-11-09	2018-12-12
	GARMIN LTD SHS		2018-11-09	2018-12-13
	GARMIN LTD SHS		2018-11-09	2018-12-13
	GARMIN LTD SHS		2018-11-09	2018-12-14
	SOCIETE GENERALE 8250 *58NVRG		2014-01-10	2018-11-29
	WAL-MART STORES 5800 18FB15		2007-10-18	2018-02-15
	BARCLAYS BK COCO 8250*58DE17		2017-01-01	2018-12-17
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	32,875	34,386	-1,511
b	13,562	12,692	870
c	6,527	6,296	231
d	15,746	15,927	-181
e	883	878	5
	5,173	5,107	66
	6,487	7,395	-908
	8,212	9,338	-1,126
	4,035	4,010	25
	7,566	7,514	52
	11,027	11,027	0
	6,180	5,836	344
	6,267	5,750	517
	12,012	11,336	676
	20,154	23,704	-3,550
	7,890	7,267	623
	9,586	8,907	679
	36,384	40,629	-4,245
	7,336	8,422	-1,086
	6,330	7,077	-747
	41,181	33,553	7,628
	13,421	9,743	3,678
	12,588	10,494	2,094
	14,619	12,003	2,616
	2,184	2,050	134
	7,219	4,754	2,465
	7,099	5,801	1,298
	43,547	44,452	-905
	8,449	8,640	-191
	11,483	11,233	250
	2,557	2,608	-51
	5,720	5,850	-130
	12,469	5,417	7,052
	26,961	10,206	16,755
	10,035	3,827	6,208
	33,025	12,120	20,905
	1,786	1,899	-113
	1,273	1,624	-351
	904	1,056	-152
	51,189	35,074	16,115
	47,118	35,674	11,444
	22,564	18,692	3,872
	21,274	11,231	10,043
	15,527	8,427	7,100
	67,073	26,794	40,279
	4,849	2,471	2,378
	14,527	10,813	3,714
	26,657	15,472	11,185
	14,120	8,769	5,351
	25,765	16,352	9,413
	38,051	19,905	18,146
	4,228	2,258	1,970
	3,382	2,178	1,204
	5,338	3,767	1,571
	2,439	1,642	797
	8,961	7,344	1,617
	12,280	12,280	0
	883	883	0
	47,280	42,516	4,764
	12,366	12,322	44
	889	893	-4
	7,461	12,927	-5,466
	7,050	7,775	-725
	16,580	14,190	2,390
	13,298	15,215	-1,917
	3,933	5,209	-1,276
	19,046	23,974	-4,928
	12,663	15,177	-2,514
	23,160	11,505	11,655
	37,262	15,656	21,606
	28,655	14,979	13,676
	7,321	5,614	1,707
	13,158	11,055	2,103
	14,141	14,045	96
	10,042	9,135	907
	11,149	12,710	-1,561
	1,261	1,122	139
	59,650	48,419	11,231
	6,202	5,085	1,117
	7,753	6,293	1,460
	20,805	15,292	5,513
	58,883	38,023	20,860
	6,268	4,249	2,019
	2,562	1,979	583
	21,760	20,030	1,730
	24,563	6,505	18,058
	49,007	15,337	33,670
	883	865	18
	13,384	14,109	-725
	51,136	32,163	18,973
	32,074	38,889	-6,815
	43,494	46,117	-2,623
	19,389	21,056	-1,667
	7,074	6,755	319
	18,106	17,403	703
	3,435	2,962	473
	8,193	3,003	5,190
	44,870	17,710	27,160
	35,454	21,556	13,898
	10,399	6,288	4,111
	7,505	9,568	-2,063
	7,538	9,249	-1,711
	16,889	21,538	-4,649
	6,544	8,252	-1,708
	1,215	1,561	-346
	8,725	10,726	-2,001
	7,381	5,441	1,940
	11,905	8,711	3,194
	50,914	29,837	21,077
	3,248	2,093	1,155
	12,710	8,193	4,517
	14,393	8,486	5,907
	15,832	8,970	6,862
	6,765	4,276	2,489
	17,271	10,519	6,752
	26,682	11,763	14,919
	26,316	11,575	14,741
	63,694	26,366	37,328
	8,631	23,988	-15,357
	3,511	9,213	-5,702
	4,389	12,281	-7,892
	3,365	9,225	-5,860
	5,851	14,584	-8,733
	1,583	773	810
	14,843	7,321	7,522
	28,072	12,992	15,080
	20,871	9,581	11,290
	34,366	31,026	3,340
	35,285	36,041	-756
	23,881	9,364	14,517
	44,538	17,722	26,816
	19,987	9,325	10,662
	55,878	21,000	34,878
	19,661	8,437	11,224
	2,271	1,289	982
	9,086	5,299	3,787
	19,308	11,316	7,992
	14,765	8,586	6,179
	4,543	2,643	1,900
	2,722	1,419	1,303
	19,481	8,893	10,588
	71,374	28,475	42,899
	28,943	6,068	22,875
	9,438	2,553	6,885
	26,377	6,786	19,591
	39,128	8,630	30,498
	19,950	5,034	14,916
	33,921	9,593	24,328
	74,010	19,625	54,385
	8,269	4,685	3,584
	10,445	6,004	4,441
	1,741	1,082	659
	12,227	12,924	-697
	66,191	20,465	45,726
	2,884	1,767	1,117
	4,904	2,904	2,000
	20,064	10,626	9,438
	21,178	12,019	9,159
	7,245	4,447	2,798
	6,688	4,241	2,447
	22,660	10,544	12,116
	15,350	6,989	8,361
	10,964	5,695	5,269
	10,233	5,204	5,029
	12,698	3,622	9,076
	46,542	13,260	33,282
	4	5	-1
	1,424	1,633	-209
	3,163	3,935	-772
	1,740	2,151	-411
	1,581	1,956	-375
	17,260	15,531	1,729
	2,848	2,864	-16
	3,081	3,081	0
	2,815	4,147	-1,332
	28	33	-5
	2,871	3,358	-487
	929	953	-24
	9,368	9,037	331
	1,975	2,135	-160
	2,642	2,910	-268
	4,101	4,988	-887
	4,880	5,923	-1,043
	3,196	3,796	-600
	11,613	15,876	-4,263
	426	545	-119
	8,920	9,700	-780
	6,465	6,479	-14
	7,101	8,290	-1,189
	21	21	0
	42	41	1
	1,111	1,098	13
	1,156	1,095	61
	6,191	8,099	-1,908
	2,092	2,708	-616
	1,413	1,669	-256
	6,401	6,442	-41
	2,902	2,831	71
	5,065	4,973	92
	10,329	9,940	389
	3,476	2,861	615
	17,480	14,520	2,960
	3,264	2,582	682
	1,580	1,169	411
	4	4	0
	9,606	12,310	-2,704
	4,811	6,036	-1,225
	11,371	8,937	2,434
	7,044	9,049	-2,005
	10,871	10,930	-59
	2,166	2,182	-16
	5,847	5,167	680
	484	523	-39
	2,214	3,621	-1,407
	7,501	9,554	-2,053
	2,214	2,364	-150
	1,168	1,623	-455
	3,490	4,976	-1,486
	2,604	3,581	-977
	16,277	12,419	3,858
	18,710	14,186	4,524
	819	1,194	-375
	541	539	2
	3,135	3,235	-100
	2,030	2,343	-313
	5,924	6,471	-547
	7,593	8,888	-1,295
	2,582	3,197	-615
	6,220	7,617	-1,397
	3,455	4,758	-1,303
	9,623	11,530	-1,907
	1,808	1,898	-90
	5,739	7,021	-1,282
	4,251	3,640	611
	5,484	5,119	365
	6,047	7,154	-1,107
	3,233	4,528	-1,295
	299	451	-152
	5,443	6,357	-914
	3,036	3,505	-469
	5,196	7,546	-2,350
	9,148	10,574	-1,426
	1,789	2,095	-306
	6,727	8,992	-2,265
	10,748	10,044	704
	2,263	2,399	-136
	2,861	3,075	-214
	14,650	14,668	-18
	1,615	1,567	48
	1,629	1,584	45
	1,488	1,449	39
	5,866	5,274	592
	10,739	7,121	3,618
	5,702	3,506	2,196
	11,835	8,090	3,745
	11,533	10,297	1,236
	5,704	5,120	584
	4,306	3,198	1,108
	2,304	1,626	678
	3,165	2,239	926
	248	206	42
	1,450	1,325	125
	1,833	1,679	154
	1,193	1,364	-171
	3,020	3,020	0
	444	640	-196
	5,722	12,210	-6,488
	1,680	3,345	-1,665
	1,617	3,691	-2,074
	1,453	1,048	405
	1,407	1,014	393
	5,619	5,725	-106
	4,230	2,661	1,569
	5,240	4,769	471
	3,283	2,963	320
	4,955	3,902	1,053
	1,560	1,697	-137
	1,114	1,219	-105
	1,003	1,091	-88
	6,240	4,559	1,681
	321	384	-63
	1,648	1,088	560
	3,987	2,442	1,545
	3,407	3,424	-17
	11,411	13,355	-1,944
	396	449	-53
	17,707	13,234	4,473
	8,581	15,642	-7,061
	10,100	11,359	-1,259
	7,192	6,469	723
	2,007	1,805	202
	6,412	6,214	198
	11,987	8,781	3,206
	14,079	19,782	-5,703
	2,391	3,160	-769
	5,642	4,025	1,617
	2,253	2,259	-6
	2,073	2,124	-51
	5,626	7,585	-1,959
	2,876	4,755	-1,879
	3,426	5,103	-1,677
	1,746	2,697	-951
	8,894	5,811	3,083
	2,496	1,990	506
	6,054	5,166	888
	399	197	202
	11,172	5,532	5,640
	10,149	8,967	1,182
	5,243	2,537	2,706
	3,795	2,214	1,581
	1,383	1,347	36
	4,840	4,538	302
	7,606	8,040	-434
	691	623	68
	691	618	73
	1,275	555	720
	2,976	2,560	416
	2,551	3,619	-1,068
	3,156	2,012	1,144
	9,857	4,549	5,308
	19,286	9,950	9,336
	12,310	5,098	7,212
	14,589	6,387	8,202
	18,943	10,473	8,470
	189	186	3
	6,313	6,511	-198
	3,461	2,801	660
	5,813	4,600	1,213
	7,987	6,413	1,574
	2,111	1,230	881
	10,717	8,170	2,547
	4,610	3,299	1,311
	2,019	1,928	91
	89	96	-7
	2,162	2,427	-265
	1,515	1,348	167
	6,953	6,264	689
	1,951	1,703	248
	5,644	3,065	2,579
	395	225	170
	15,775	9,089	6,686
	1,672	1,068	604
	3,902	1,930	1,972
	7,523	5,370	2,153
	8,651	6,245	2,406
	4	11	-7
	3,472	5,785	-2,313
	1,377	2,611	-1,234
	3,174	5,414	-2,240
	4,213	2,727	1,486
	624	399	225
	12	12	0
	154	154	0
	174	174	0
	160	160	0
	198	197	1
	229	229	0
	243	243	0
	244	244	0
	261	261	0
	260	260	0
	254	254	0
	275	275	0
	1,194,569	1,194,569	0
	2,000,000	2,000,000	0
	271	271	0
	1,132,827	1,132,829	-2
	1,194,303	1,194,312	-9
	2,000,004	2,000,017	-13
	3,062,696	3,062,701	-5
	407,858	169	407,689
	1,098,069	454	1,097,615
	2,329,093	965	2,328,128
	3,432,336	1	3,432,335
	2,195,813	2,195,522	291
	152,389	152,389	0
	34	34	0
	140	140	0
	132	132	0
	137	137	0
	134	134	0
	137	137	0
	152,390	152,396	-6
	175,000	175,000	0
	681,671	190,012	491,659
	184,051	49,694	134,357
	681,671	185,027	496,644
	497,620	129,225	368,395
	443,086	106,233	336,853
	613,504	140,097	473,407
	334,019	73,875	260,144
	1,825,789	760	1,825,029
	218,805	91	218,714
	5,662,929	2,362	5,660,567
	5,424,449	2,256	5,422,193
	1,142,844	474	1,142,370
	7,114,824	2,949	7,111,875
	520,347	215	520,132
	659,691	332	659,359
	654,685	332	654,353
	631,339	316	631,023
	661,151	332	660,819
	663,553	332	663,221
	663,225	332	662,893
	680,455	332	680,123
	680,418	332	680,086
	672,379	332	672,047
	672,335	332	672,003
	19,649	10	19,639
	52,856	27	52,829
	600,192	303	599,889
	664,400	332	664,068
	663,854	332	663,522
	660,777	332	660,445
	660,137	332	659,805
	155,150	78	155,072
	250,000	273,125	-23,125
	200,000	200,000	0
	2,000,000	2,000,000	0
	2,034		2,034

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			-1,511
b			870
c			231
d			-181
e			5
			66
			-908
			-1,126
			25
			52
			0
			344
			517
			676
			-3,550
			623
			679
			-4,245
			-1,086
			-747
			7,628
			3,678
			2,094
			2,616
			134
			2,465
			1,298
			-905
			-191
			250
			-51
			-130
			7,052
			16,755
			6,208
			20,905
			-113
			-351
			-152
			16,115
			11,444
			3,872
			10,043
			7,100
			40,279
			2,378
			3,714
			11,185
			5,351
			9,413
			18,146
			1,970
			1,204
			1,571
			797
			1,617
			0
			0
			4,764
			44
			-4
			-5,466
			-725
			2,390
			-1,917
			-1,276
			-4,928
			-2,514
			11,655
			21,606
			13,676
			1,707
			2,103
			96
			907
			-1,561
			139
			11,231
			1,117
			1,460
			5,513
			20,860
			2,019
			583
			1,730
			18,058
			33,670
			18
			-725
			18,973
			-6,815
			-2,623
			-1,667
			319
			703
			473
			5,190
			27,160
			13,898
			4,111
			-2,063
			-1,711
			-4,649
			-1,708
			-346
			-2,001
			1,940
			3,194
			21,077
			1,155
			4,517
			5,907
			6,862
			2,489
			6,752
			14,919
			14,741
			37,328
			-15,357
			-5,702
			-7,892
			-5,860
			-8,733
			810
			7,522
			15,080
			11,290
			3,340
			-756
			14,517
			26,816
			10,662
			34,878
			11,224
			982
			3,787
			7,992
			6,179
			1,900
			1,303
			10,588
			42,899
			22,875
			6,885
			19,591
			30,498
			14,916
			24,328
			54,385
			3,584
			4,441
			659
			-697
			45,726
			1,117
			2,000
			9,438
			9,159
			2,798
			2,447
			12,116
			8,361
			5,269
			5,029
			9,076
			33,282
			-1
			-209
			-772
			-411
			-375
			1,729
			-16
			0
			-1,332
			-5
			-487
			-24
			331
			-160
			-268
			-887
			-1,043
			-600
			-4,263
			-119
			-780
			-14
			-1,189
			0
			1
			13
			61
			-1,908
			-616
			-256
			-41
			71
			92
			389
			615
			2,960
			682
			411
			0
			-2,704
			-1,225
			2,434
			-2,005
			-59
			-16
			680
			-39
			-1,407
			-2,053
			-150
			-455
			-1,486
			-977
			3,858
			4,524
			-375
			2
			-100
			-313
			-547
			-1,295
			-615
			-1,397
			-1,303
			-1,907
			-90
			-1,282
			611
			365
			-1,107
			-1,295
			-152
			-914
			-469
			-2,350
			-1,426
			-306
			-2,265
			704
			-136
			-214
			-18
			48
			45
			39
			592
			3,618
			2,196
			3,745
			1,236
			584
			1,108
			678
			926
			42
			125
			154
			-171
			0
			-196
			-6,488
			-1,665
			-2,074
			405
			393
			-106
			1,569
			471
			320
			1,053
			-137
			-105
			-88
			1,681
			-63
			560
			1,545
			-17
			-1,944
			-53
			4,473
			-7,061
			-1,259
			723
			202
			198
			3,206
			-5,703
			-769
			1,617
			-6
			-51
			-1,959
			-1,879
			-1,677
			-951
			3,083
			506
			888
			202
			5,640
			1,182
			2,706
			1,581
			36
			302
			-434
			68
			73
			720
			416
			-1,068
			1,144
			5,308
			9,336
			7,212
			8,202
			8,470
			3
			-198
			660
			1,213
			1,574
			881
			2,547
			1,311
			91
			-7
			-265
			167
			689
			248
			2,579
			170
			6,686
			604
			1,972
			2,153
			2,406
			-7
			-2,313
			-1,234
			-2,240
			1,486
			225
			0
			0
			0
			0
			1
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			-2
			-9
			-13
			-5
			407,689
			1,097,615
			2,328,128
			3,432,335
			291
			0
			0
			0
			0
			0
			0
			0
			-6
			0
			491,659
			134,357
			496,644
			368,395
			336,853
			473,407
			260,144
			1,825,029
			218,714
			5,660,567
			5,422,193
			1,142,370
			7,111,875
			520,132
			659,359
			654,353
			631,023
			660,819
			663,221
			662,893
			680,123
			680,086
			672,047
			672,003
			19,639
			52,829
			599,889
			664,068
			663,522
			660,445
			659,805
			155,072
			-23,125
			0
			0
			2,034

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	42,872,107
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

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

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

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

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

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

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

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	682,972	28,731,364	0.023771
2016	1,145,867	19,440,601	0.058942
2015	1,072,842	19,526,489	0.054943
2014	995,531	18,289,565	0.054432
2013	862,405	15,660,109	0.055070

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

0.247158

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

0.049432

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

40,747,156

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

2,014,213

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

440,466

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

2,454,679

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

2,720,398

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

Form 990-PF (2018)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	440,466
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	440,466
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	440,466
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	474,912
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	474,912
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	34,446
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax34,446	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

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

and addresses. Click to see attachment

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

Yes

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

MIN H KAO Telephone no. bullet

(913) 397-8200

Located at bullet

1200 EAST 151ST STREETOLATHEKS ZIP+4 bullet

66062

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

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

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

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

16 No

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

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Part VIII

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

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

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MIN H KAO	PRES, DIRECTOR 0.00	0	0	0
1200 EAST 151ST STREET OLATHE,KS66062	PRES, DIRECTOR 0.00	0	0	0
KENNETH KAO	VP, SEC., DIR. 0.00	0	0	0
1200 EAST 151ST STREET OLATHE,KS66062	VP, SEC., DIR. 0.00	0	0	0
YU-FAN C KAO	TREAS, DIRECTOR 0.00	0	0	0
1200 EAST 151ST STREET OLATHE,KS66062	TREAS, DIRECTOR 0.00	0	0	0
JENNIFER KAO	DIRECTOR 0.00	0	0	0
1200 EAST 151ST STREET OLATHE,KS66062	DIRECTOR 0.00	0	0	0

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


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









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

Form 990-PF (2018)

Page 7

Part VIII

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

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

38,207,889

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

3,159,782

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

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

41,367,671

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

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

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

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

41,367,671

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

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

620,515

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

40,747,156

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

2,037,358

Part XI

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

and do not complete this part.)

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

2,037,358

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

440,466

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

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

440,466

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

1,596,892

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

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

1,596,892

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

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

1,596,892

Part XII

Qualifying Distributions (see instructions)

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

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

2,720,398

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

2,720,398

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

440,466

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

2,279,932

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

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					1,596,892
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				159,166
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: $ 2,720,398
a Applied to 2017, but not more than line 2a				159,166
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.....					1,596,892
e Remaining amount distributed out of corpus		964,340
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		964,340
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 ......		964,340
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....	964,340

Form 990-PF (2018)

Page 10

Part XIV

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

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

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

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

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

MIN H KAO

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

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

aThe name, address, and telephone number or 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)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOYS & GIRLS CLUBS OF KANSAS CITY 401 BLUE PARKWAY SUITE 102 KANSAS CITY,MO64130	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	50,000
IOWA STATE UNIVERSITY FOUNDATION 313 MARSTON HALL AMES,IA50011	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	97,530
KANSAS CITY BALLET 500 W PERSHING ROAD KANSAS CITY,MO64108	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	8,750
KANSAS CITY SYMPHONY 1020 CENTRAL KANSAS CITY,MO64105	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	48,156
KANSAS STATE UNIVERSITY FOUNDATION 2323 ANDERSON AVENUE SUITE 500 MANHATTAN,KS66502	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	309,206
KANSAS UNIVERSITY ENDOWMENT ASSOC 1891 CONSTANT AVENUE LAWRENCE,KS66044	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	163,000
MISSOURI UNIVERSITY OF SCIENCE & TECHNOLOGY 400 W 10TH STREET ROLLA,MO65409	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	290,370
OREGON STATE UNIVERSITY FOUNDATION 850 SW 35TH STREET CORVALIS,OR97333	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	146,766
ROSE-HULMAN INSTITUTE OF TECHNOLOGY 5500 WABASH AVE TERRE HAUTE,IN478033920	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	8,000
SCLERODERMA RESEARCH FOUNDATION 220 MONTGOMERY ST SUITE 1411 SAN FRANCISCO,CA64104	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	1,023,250
UNITED WAY OF GREATER KANSAS CITY 1080 WASHINGTON STREET KANSAS CITY,MO64105	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	50,000
UNIVERSITY OF MO - COLUMBIA W1006 LAFFERRE HALL COLUMBIA,MO65211	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	80,000
UNIVERSITY OF NEBRASKA FOUNDATION 1010 LINCOLN MALL SUITE 300 LINCOLN,NE68508	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	52,000
UNIVERSITY OF TENNESSEE FOUNDATION 1609 MELROSE AVENUE KNOXVILLE,TN379963550	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	142,330
ARIZONA STATE UNIVERSITY FOUNDATION P O BOX 879309 TEMPE,AZ852879309	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	50,400
SOUTH DAKOTA SCHOOL OF MINES & TECHNOLOGY FOUNDATION 306 E SAINT JOSEPH STREET SUITE 200 RAPID CITY,SD57701	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	96,000
GILDA'S CLUB KANSAS CITY 210 W 43RD ST KANSAS CITY,MO64111	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	4,600
GIRL SCOUTS OF NE KANSAS & NW MISSOURI 8383 BLUE PARKWAY DRIVE KANSAS CITY,MO64133	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	25,000
LUPUS LA 5757 WILSHIRE BLVD SUITE 335 LOS ANGELES,CA90036	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	10,000
LYRIC OPERA BALL P O BOX 872809 KANSAS CITY,MO641872809	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	2,040
CHILDREN'S MERCY (FOR NICK'S VOICE) 2401 GILLHAM RD KANSAS CITY,MO64108	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	38,000
OLATHE PUBLIC SCHOOLS 14160 S BLACK BOB RD OLATHE,KS66063	NONE	PUBLIC	ORGANIZATION'S GENERAL CHARITABLE PURPOSES	25,000
Total ................................. 3a				2,720,398

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	1,213,981
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.....			18	667
8 Gain or (loss) from sales of assets other than inventory ............			18	42,870,575
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		44,085,223	0

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

44,085,223

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2018)

Page 13

Part XVII

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

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

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization KAO FAMILY FOUNDATION

Part I	Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	MIN H KAO 1200 EAST 151ST STREET OLATHE, KS66062	$ 14,556,300	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Name of organization KAO FAMILY FOUNDATION		Employer identification number 20-2014620

Part II	Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	220,000 SHARES OF GARMIN LTD STOCK	$ 14,556,300	2018-11-09
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BANK OF AMERICA CORP	103,844	101,565
CAP ONE FIN CORP FXD TO 062020 VAR THEREAFTER 5.55800%	1,041,694	963,110
CIT GROUP INC FXD TO 062022	2,014,429	1,810,000
CITIGROUP INC	253,375	224,688
CITIGROUP INC	104,332	97,625
CREDIT AGRICOLE SA	276,250	256,150
CREDIT SUISSE GROUP AG FXD TO 122024	2,044,381	1,897,400
GENERAL ELECTRIC CO	105,020	76,500
GM FINANCIAL 6.50% B FXD TO 09/30/2028	2,904,206	2,535,000
GOLDMAN SACHS CAPT II	488,481	397,800
GOLDMAN SACHS GRP INC 5.375%	1,107,962	1,062,897
HUNTINGTON BANCSHARES FXD TO 042023	300,000	266,250
ING GROEP NV 6%	204,289	195,190
JPMORGAN CHASE 5.15	257,500	238,150
JPMORGAN CHASE 5.3	203,700	197,500
JPMORGAN CHASE 6.75	111,081	103,325
LLOYDS BANKING GROUP	1,006,417	916,560
M&T BANK CORP FXD TO 112026	1,030,648	947,500
TEVA PHARMACEUTICAL FINANCE IV BV	290,231	284,238
HANESBRANDS INC REGS	1,932,006	1,875,000
CVS HEALTH CORP	998,756	990,020
GENERAL MILLS INC	998,506	984,140
CHARTER COMMUNICATIONS OPERATING LLC	1,004,986	994,360
AMAZON.COM INC	225,817	219,698
DELL INTERNATIONAL LLC	2,050,006	2,009,040
UNITED RENTALS NORTH AMERICA INC	1,980,006	1,885,000
DISCOVER BANK FXD TO 082023	1,990,006	1,957,200
HYATT HOTELS CORP	1,981,601	1,946,400
COMCAST CORP	1,203,565	1,192,680
TIME WARNER CABLE LLC	1,076,806	1,026,240
VIRGINIA ELECTRIC & POWER CO	1,221,349	1,195,710
DISCOVER COMMUNICATIONS LLC	949,506	927,570
KINDER MORGAN ENERGY PARTNERS LP	1,215,717	1,115,350
MCDONALDS CORP	1,200,805	1,194,360
ANHEUSER BUSCH INBEV WORLDWIDE INC	1,338,829	1,266,940
VERIZON COMMUNICATIONS INC	1,218,787	1,179,580
ENBRIDGE INC FXD TO 032028	1,897,506	1,797,260
CORPORATE BOND ACCRUED INTEREST	241,555	448,790

Name of Stock	End of Year Book Value	End of Year Fair Market Value
APPLE INC	330,103	362,802
GARMIN LTD	2,251	4,297,465
CAP ONE FINL CO	100,000	86,480
MORGAN STANLEY 5.85%-K	100,000	97,120

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
CREDIT SUISSE FLT RT HI INC	AT COST	249,621	238,112
DOUBLELINE TOTAL RETURN N	AT COST	400,000	371,093
METROPOLITAN WST UNCNSTRD BD M	AT COST	250,000	245,363
TEMPLETON GLOBAL BD FD A	AT COST	342,518	301,967
GCM GROSVENOR NET LEASE III FEEDER FUND	AT COST	184,790	212,538


Name of organization KAO FAMILY FOUNDATION			Employer identification number 20-2014620
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
GCM GROSVENOR AG NET LEASE FUND OTHER INCOME	566	566	566
GCM GROSVENOR AG NET LEASE FUND 1256	101	101	101

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MORGAN STANLEY FEES	23,448	23,448		0
GCM GROSVENOR AG NET LEASE MANAGEMENT FEE	679	679		0

Category	Amount	Net Investment Income
2018 ESTIMATED TAXES	473,500	0
FOREIGN TAXES PAID	8,001	8,001
FRANCHISE FEE	52	52
2017 EXTENSION PAYMENT	12,000	0