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
HAMICO INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1110 MARKET ST STE 317B
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37402
A Employer identification number

62-6040782
B Telephone number (see instructions)

(423) 531-0028
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$52,365,174J 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 606,485 606,485  
4 Dividends and interest from securities... 738,453 738,453  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,333,489
b Gross sales price for all assets on line 6a 9,394,554
7 Capital gain net income (from Part IV, line 2)... 3,333,489
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 7,977 235,753  
12 Total. Add lines 1 through 11........ 4,686,404 4,914,180  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 525,000 262,500   262,500
14 Other employee salaries and wages...... 49,999 24,999   25,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,086 5,543   5,542
c Other professional fees (attach schedule).... Click to see attachment 2,025 1,012   1,013
17 Interest............... 171,070 171,070   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 92,215 66,928   25,287
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,913 3,452  
20 Occupancy.............. 53,913 26,956   26,957
21 Travel, conferences, and meetings....... 4,576 2,288   2,288
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 921,222 864,226   56,996
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,835,019 1,428,974   405,583
25 Contributions, gifts, grants paid....... 2,468,132 2,468,132
26 Total expenses and disbursements. Add lines 24 and 25 4,303,151 1,428,974   2,873,715
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 383,253
b Net investment income (if negative, enter -0-) 3,485,206
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............. 6,224,880 608,149 608,149
2 Savings and temporary cash investments......... 17,724,768 16,967,929 20,840,265
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..........   27,332 27,332
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,696,324 Click to see attachment6,000,424 7,933,102
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,423,278 Click to see attachment22,926,939 22,926,939
14 Land, buildings, and equipment: basis bullet52,405
Less: accumulated depreciation (attach schedule) bullet40,248 11,899 Click to see attachment12,157 12,157
15 Other assets (describe bullet) Click to see attachment17,230 Click to see attachment17,230 Click to see attachment17,230
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 55,098,379 46,560,160 52,365,174
Liabilities 17 Accounts payable and accrued expenses.......... 2,269  
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) Click to see attachment0 Click to see attachment444
23 Total liabilities (add lines 17 through 22)......... 2,269 444
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 55,096,110 46,559,716
30 Total net assets or fund balances (see instructions)..... 55,096,110 46,559,716
31 Total liabilities and net assets/fund balances (see instructions). 55,098,379 46,560,160
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
55,096,110
2
Enter amount from Part I, line 27a .....................
2
383,253
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
55,479,363
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,919,647
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
46,559,716
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 BELO PASSTHROUGH - SHORT TERM P    
b BELO PASSTHROUGH - LONG TERM P    
c CHESTNUT REAL ESTATE FD II PASSTHROUGH - SHORT TERM P    
d CHESTNUT REAL ESTATE FD II PASSTHROUGH - LONG TERM P    
e MHC MUTUAL CONVERSION FD PASSTHROUGH - SHORT TERM P    
MHC MUTUAL CONVERSION FD PASSTHROUGH - LONG TERM P    
NORTH HAVEN EXP FD PASSTHROUGH - SHORT TERM P    
NORTH HAVEN EXP FD PASSTHROUGH - LONG TERM P    
NORTH HAVEN EXP CREDIT OP FD PASSTHROUGH - LONG TERM P    
RESOLUTE CAP PTRS FD III PASSTHROUGH - LONG TERM P    
RESOLUTE CAP PTRS FD IV PASSTHROUGH - SHORT TERM P    
POINTER PASSTHROUGH - LONG TERM P    
FIDELITY 1396 - LONG TERM      
FIDELITY 1396 - SHORT TERM      
FIDELITY 5910 - CAP GAIN DISTR.      
MORGAN STANLEY 8863 - SHORT TERM      
MORGAN STANLEY 8863 - LONG TERM      
MORGAN STANLEY 8863 - CAP GAIN DISTR.      
ARTISAN PASSTHROUGH - LONG TERM      
ARTISAN PASSTHROUGH - SHORT TERM      
FIDELITY 1396 - CURRENCY REALIZED GAIN/LOSS      
(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 4,838     4,838
b 7,014     7,014
c     666 -666
d     1,657 -1,657
e     32,294 -32,294
1,482,690     1,482,690
1,564     1,564
13,169     13,169
1,151     1,151
207,598     207,598
    3,237 -3,237
1,063,054     1,063,054
2,019,318   1,871,505 147,813
353,366   452,015 -98,649
380,819     380,819
1,455,933   1,471,779 -15,846
1,756,057   1,781,209 -25,152
41     41
23,130     23,130
188,640     188,640
436,172   446,703 -10,531
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       4,838
b       7,014
c       -666
d       -1,657
e       -32,294
      1,482,690
      1,564
      13,169
      1,151
      207,598
      -3,237
      1,063,054
      147,813
      -98,649
      380,819
      -15,846
      -25,152
      41
      23,130
      188,640
      -10,531
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 3,333,489
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 2,688,254 57,025,750 0.047141
2016 2,563,187 53,010,380 0.048353
2015 1,397,630 55,023,413 0.025401
2014 1,858,172 52,582,021 0.035339
2013 2,537,578 53,335,931 0.047577
2
Total of line 1, column (d) .....................
2
0.203811
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
0.040762
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
56,802,145
5
Multiply line 4 by line 3......................
5
2,315,369
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
34,852
7
Add lines 5 and 6........................
7
2,350,221
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,873,715
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 34,852
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 34,852
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 34,852
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 23,800
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 55,000
d Backup withholding erroneously withheld ........... 6d 4
7 Total credits and payments. Add lines 6a through 6d.............. 7 78,804
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 298
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 43,654
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet34,880 RefundedBullet 11 8,774
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletTN
    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 ofbulletROBERT E BOSWORTH Telephone no.bullet (423) 531-0028

    Located atbullet1110 MARKET ST SUITE 317BCHATTANOOGATN ZIP+4bullet37402
    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
     
     
    ........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
    ZAN GUERRY PRES/DIR
    40.00     		150,000 17,334 0
    1110 MARKET ST STE 317B
    CHATTANOOGA,TN37402
    ROBERT E BOSWORTH VICE PRES/DIR
    40.00     		75,000 17,578 0
    1110 MARKET ST STE 317B
    CHATTANOOGA,TN37402
    HERBERT BARKS DIR
    2.00     		50,000 0 0
    1110 MARKET ST STE 317B
    CHATTANOOGA,TN37402
    JOHN P GUERRY DIR
    2.00     		60,000 0 0
    1110 MARKET ST STE 317B
    CHATTANOOGA,TN37402
    ALEXIS G BOGO EXECUTIVE DIRECTOR
    40.00     		190,000 17,334 0
    1110 MARKET ST STE 317B
    CHATTANOOGA,TN37402
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    27,757,592
    b
    Average of monthly cash balances.......................
    1b
    1,863,543
    c
    Fair market value of all other assets (see instructions)................
    1c
    28,046,017
    d
    Total (add lines 1a, b, and c).........................
    1d
    57,667,152
    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
    57,667,152
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    865,007
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    56,802,145
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,840,107
    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
    2,840,107
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    34,852
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,852
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,805,255
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,805,255
    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
    2,805,255
    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
    2,873,715
    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
    2,873,715
    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
    34,852
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,838,863
    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 2,805,255
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    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$ 2,873,715
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 2,805,255
    e Remaining amount distributed out of corpus 68,460
    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 68,460
    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 ......     		68,460
    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.... 68,460
    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
    A STEP AHEAD FOUNDATION
    1350 CONCOURSE AVE SUITE 451
    MEMPHIS,TN38104     		N/A PC DONATION 10,000
    AMERICAN RED CROSS
    4115 S ACCESS RD
    CHATTANOOGA,TN37406     		N/A PC DONATION 2,500
    ARTS BUILD
    301 E 11TH ST 300
    CHATTANOOGA,TN37403     		N/A PC DONATION 12,500
    ASSOCIATION FOR VISUAL ARTS
    30 FRAZIER AVENUE
    CHATTANOOGA,TN37405     		N/A PC DONATION 2,500
    AUSTIN HATCHER FOUNDATION
    232 E 11TH ST SUITE 100
    CHATTANOOGA,TN37402     		N/A PC DONATION 7,500
    BAYLOR SCHOOL
    171 BAYLOR SCHOOL ROAD
    CHATTANOOGA,TN37405     		N/A PC DONATION 746,388
    BOYS & GIRLS CLUB OF CHATTANOOGA
    610 LINDSAY STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 30,000
    BRIGHT SCHOOL
    1950 HIXSON PIKE
    CHATTANOOGA,TN37405     		N/A PC DONATION 10,000
    CATHOLIC CHARITIES
    5720 UPTAIN ROAD 6100 BUILDING
    SUITE 4200
    CHATTANOOGA,TN37411     		N/A PC DONATION 500
    CAUSEWAY
    16 PATTEN PKWY
    CHATTANOOGA,TN37402     		N/A PC DONATION 1,000
    CHAMBLISS CENTER FOR CHILDREN
    315 GILLESPIE ROAD
    CHATTANOOGA,TN37411     		N/A PC DONATION 115,000
    CHILDRENS ADVOCACY CENTER HAMILTON CO
    5705 UPTAIN ROAD
    CHATTANOOGA,TN37411     		N/A PC DONATION 25,000
    CHATTANOOGA AREA FOOD BANK
    2009 CURTAIN POLE ROAD
    CHATTANOOGA,TN37406     		N/A PC DONATION 25,000
    CHATTANOOGA SPORTS MINISTRY
    1271 MARKET STREET
    CHATTANOOGA,TN37402     		N/A PC DONATION 15,000
    CHATTANOOGA TENNIS PATRONS
    4817 ADAMS RD
    HIXSON,TN37343     		N/A PC DONATION 39,150
    CHATTANOOGA THEATRE CENTER
    400 RIVER STREET
    CHATTANOOGA,TN37405     		N/A PC DONATION 10,000
    COMMUNITY FOUNDATION
    1270 MARKET STREET
    CHATTANOOGA,TN37402     		N/A PC DONATION 780,118
    COMMUNITY KITCHEN
    727 E 1TH STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 500
    EPILEPSY FOUNDATION OF SOUTHEAST TN
    1 SISKIN DR
    CHATTANOOGA,TN37403     		N/A PC DONATION 5,000
    GIRLS INC OF CHATTANOOGA
    4505 BRAINERD ROAD
    CHATTANOOGA,TN37411     		N/A PC DONATION 10,000
    GREATER CHATTANOOGA SPORTS HALL OF FAME
    952 WYNDSOR DRIVE
    CHATTANOOGA,TN37343     		N/A PC DONATION 650
    HABITAT FOR HUMANITY OF CHATTANOOGA
    1201 E MAIN ST
    CHATTANOOGA,TN37408     		N/A PC DONATION 80,000
    HUMANE EDUCATIONAL SOCIETY
    212 N HIGHLAND PARK AVENUE
    CHATTANOOGA,TN37404     		N/A PC DONATION 15,000
    HUNTER MUSEUM
    10 BLUFF VIEW STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 15,000
    JAMAICA EDUCATION FUND
    1110 MARKET STREET STE 317B
    CHATTANOOGA,TN37402     		N/A PC DONATION 250
    JR LEAGUE ACHIEVEMENT OF CHATTANOOGA
    622 EAST 4TH STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 15,000
    JUVENILE DIABETES RESEARCH FOUNDATION
    355 TRANE DRIVE
    KNOXVILLE,TN37919     		N/A PC DONATION 2,800
    LAUNCH
    302 WEST 6TH STREET
    CHATTANOOGA,TN37402     		N/A PC DONATION 10,000
    LOOKOUT MOUNTAIN SCHOOL
    321 N BRAGG AVENUE
    LOOKOUT MOUNTAIN,TN37350     		N/A PC DONATION 1,000
    MAKE A WISH OF EAST TENNESSEE
    6005 CENTURY OAKS DR 500
    CHATTANOOGA,TN37416     		N/A PC DONATION 16,600
    MEMORIAL HEALTHCARE SYSTEM FOUNDATION
    2525 DE SALES AVE
    CHATTANOOGA,TN37404     		N/A PC DONATION 43,000
    METROPOLITAN MINISTRIES
    1112 MCCALLIE AVENUE
    CHATTANOOGA,TN37404     		N/A PC DONATION 5,000
    NATIONAL CENTER FOR YOUTH ISSUES
    POST OFFICE BOX 22185
    CHATTANOOGA,TN37422     		N/A PC DONATION 2,500
    NORTH SHORE FELLOWSHIP
    118 WOODLAND AVENUE
    CHATTANOOGA,TN37405     		N/A PC DONATION 2,500
    NPMM EDUCATION FUND
    1219 W MISSISSIPPI AVENUE
    CHATTANOOGA,TN37405     		N/A PC DONATION 15,000
    ON POINT
    4509 HIXSON PIKE SUITE 1
    CHATTANOOGA,TN37343     		N/A PC DONATION 77,500
    POLLY BOYD SCHOLARSHIP FUND
    PO BOX 23176
    CHATTANOOGA,TN37422     		N/A PC DONATION 2,000
    PUBLIC TV
    1110 MARKET STREET STE 317B
    CHATTANOOGA,TN37402     		N/A PC DONATION 2,500
    SCENIC CITY WOMEN'S NETWORK
    POST OFFICE BOX 3148
    CHATTANOOGA,TN37404     		N/A PC DONATION 2,500
    SISKIN CHILDREN'S INSTITUTE
    1101 CARTER STREET
    CHATTANOOGA,TN37402     		N/A PC DONATION 11,000
    SISKIN HOSPITAL FOR PHYS REHAB
    1 SISKIN PLAZA
    CHATTANOOGA,TN37403     		N/A PC DONATION 15,000
    SOUTHERN BEND FESTIVAL
    150 RIVER STREET
    CHATTANOOGA,TN37450     		N/A PC DONATION 500
    SOUTHERN LIT ALLIANCE
    301 E 11TH STREET SUITE 301
    CHATTANOOGA,TN37403     		N/A PC DONATION 1,000
    SOUTHERN METHODIST
    1110 MARKET STREET STE 317B
    CHATTANOOGA,TN37402     		N/A PC DONATION 1,000
    SOUTHERN TENNIS PATRONS FOUNDATION
    5685 SPAULDING DRIVE
    NORCROSS,GA30092     		N/A PC DONATION 17,500
    ST PETER'S EPISCOPAL SCHOOL
    848 ASHLAND TERRACE
    CHATTANOOGA,TN37415     		N/A PC DONATION 51,000
    STADIUM CORPORATION
    1826 CARTER STREET
    CHATTANOOGA,TN37408     		N/A PC DONATION 1,800
    TECHTOWN FOUNDATION
    1100 MARKET ST
    CHATTANOOGA,TN37402     		N/A PC DONATION 25,000
    UC FOUNDATION
    605 OAK STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 2,560
    UNITED WAY OF CHATTANOOGA
    630 MARKET STREET
    CHATTANOOGA,TN37405     		N/A PC DONATION 127,600
    UTC DEPARTMENT OF ATHLETICS
    720 E 4TH ST
    CHATTANOOGA,TN37403     		N/A PC DONATION 4,216
    WALTER BOEHM CENTER
    975 E 3RD STREET
    CHATTANOOGA,TN37403     		N/A PC DONATION 1,000
    WOMENS FUND OF GREATER CHATTANOOGA
    1100 MARKET STREET
    CHATTANOOGA,TN37402     		N/A PC DONATION 2,500
    YOUNG WOMENS LEADERSHIP ACADEMY
    1802 BAILEY AVENUE
    CHATTANOOGA,TN37404     		N/A PC DONATION 50,000
    Total .................................bullet 3a 2,468,132
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 606,485  
    4 Dividends and interest from securities....     14 738,453  
    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 7,977  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,333,489  
    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 4,686,404 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,686,404
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING 2,906 1,453   1,452
    ACCOUNTING 8,180 4,090   4,090

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CONFERENCE ROOM TABLE 2012-07-06 4,290 1,858 200DB 7.000000000000 191 613    
    SWIVEL CHAIR 2012-07-06 5,424 2,349 200DB 7.000000000000 242 775    
    ARM CHAIRS - CONFERENCE ROOM 2012-07-06 5,506 2,385 200DB 7.000000000000 245 787    
    OFFICE RUG-PORTHOS SWING GRAY 2012-10-22 2,213 958 200DB 7.000000000000 99 316    
    RUG-BRICK ROOM SHAG 2012-10-22 2,893 1,253 200DB 7.000000000000 129 413    
    SWIVEL LUMBAR PILLOW 2012-07-06 186 80 200DB 7.000000000000 9 27    
    REFRIGERATOR 2012-10-18 786 393 200DB 5.000000000000 0 0    
    ISAAC DUNCAN III 2012-08-22 1,181 215 SL 15.000000000000 39 79    
    OFFICE LAMP & CONSOLE 2012-07-30 3,092 1,339 200DB 7.000000000000 138 442    
    COMPUTERS 2012-09-14 4,274 2,137 200DB 5.000000000000 0 0    
    4 OFFICE CHAIRS 2014-07-28 3,205 1,101 200DB 7.000000000000 143 0    
    OFFICE MIRROR/SHADE PENDANT 2014-04-07 3,535 1,215 200DB 7.000000000000 158 0    
    DESK & EQUIPMENT 2016-01-13 2,903 830 SL 7.000000000000 415 0    
    COMPUTER UPDATE 2016-07-19 1,986 563 SL 5.000000000000 397 0    
    COMPUTER UPDATES 2016-08-01 2,042 578 SL 5.000000000000 408 0    
    CONSOLE & CHAIR - ALEXIS 2016-11-08 4,718 786 SL 7.000000000000 674 0    
    AUDIOVISUAL SYSTEM 2018-04-04 4,171   SL 5.000000000000 626 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS EQUITY SECURITIES 6,000,424 7,933,102

    TY 2018 InvestmentsOtherSchedule2
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHESTNUT REAL ESTATE FUND II FKA CHESTNUT DEVELOPMENT AT COST 244,741 244,741
    POINTER OFFSHORE LTD AT COST 11,459,621 11,459,621
    MHC MUTUAL CONVERSION FUND AT COST 6,747,118 6,747,118
    RESOLUTE CAP PTRS FKA TENTH STREET AT COST 1,787,054 1,787,054
    HILLIARD STREET LLC AT COST 53,075 53,075
    CONTEMPORARY HEALTHCARE SR LIEN FUND AT COST 440,535 440,535
    MANKER PATTEN TENNIS CLUB AT COST 128,117 128,117
    NORTH HAVEN EXPANSION CR LP AT COST 370,710 370,710
    CCS NOTE AT COST 175,000 175,000
    RESOLUTE CAPITAL FUND IV AT COST 371,633 371,633
    CONTEMPORARY HEALTHCARE FUND III AT COST 825,438 825,438
    BELO INVESTMENTS AT COST 323,897 323,897

    TY 2018 LandEtcSchedule2
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CONFERENCE ROOM TABLE 4,290 4,194 96  
    SWIVEL CHAIR 5,424 5,303 121  
    ARM CHAIRS - CONFERENCE ROOM 5,506 5,383 123  
    OFFICE RUG-PORTHOS SWING GRAY 2,213 2,164 49  
    RUG-BRICK ROOM SHAG 2,893 2,829 64  
    SWIVEL LUMBAR PILLOW 186 182 4  
    REFRIGERATOR 786 786 0  
    ISAAC DUNCAN III 1,181 845 336  
    OFFICE LAMP & CONSOLE 3,092 3,023 69  
    COMPUTERS 4,274 4,274 0  
    4 OFFICE CHAIRS 3,205 2,847 358  
    OFFICE MIRROR/SHADE PENDANT 3,535 3,141 394  
    DESK & EQUIPMENT 2,903 1,245 1,658  
    COMPUTER UPDATE 1,986 960 1,026  
    COMPUTER UPDATES 2,042 986 1,056  
    CONSOLE & CHAIR - ALEXIS 4,718 1,460 3,258  
    AUDIOVISUAL SYSTEM 4,171 626 3,545  


    TY 2018 OtherAssetsSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PAINTING 16,230 16,230 16,230
    HOLT WEBB PAINTING 1,000 1,000 1,000


    TY 2018 OtherDecreasesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description Amount
    CHANGE IN UNREALIZED APPRECIATION 8,902,665
    PASSTHROUGH NON-DEDUCTIBLE EXPENSES 16,982


    TY 2018 OtherExpensesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 1,683 842   841
    OFFICE 22,146 11,073   11,073
    INTERNET 2,534 1,267   1,267
    INSURANCE 3,657 1,829   1,828
    BANK FEES 61 30   31
    PORTFOLIO EXPENSES 654,298 654,298   0
    TELEPHONE, TELECOMMUNICATIONS 2,269 1,135   1,134
    MISCELLANEOUS 81,644 40,822   40,822
    LOSS FROM FLOWTHROUGHS 152,930 152,930   0


    TY 2018 OtherIncomeSchedule2
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADD-BACK UBTI LOSS 0 235,753 0
    FEDERAL TAX REFUND 7,977 0 7,977


    TY 2018 OtherLiabilitiesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Description Beginning of Year - Book Value End of Year - Book Value
    NEGATIVE BASIS IN NORTH HAVEN EXPANSION CREDIT OPPORTUNITY FUND 0 444


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OUTSIDE CONTRACT SERVICES 2,025 1,012   1,013


    TY 2018 TaxesSchedule
    Name:
    HAMICO INC
    EIN:
    62-6040782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 41,641 41,641   0
    PAYROLL TAXES 50,574 25,287   25,287