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
H & B YOUNG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 889
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MORGAN CITY, LA70381
A Employer identification number

72-6029365
B Telephone number (see instructions)

(985) 385-0812
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$33,148,173J 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 89,925 89,925  
4 Dividends and interest from securities... 359,156 359,156  
5a Gross rents............ 2,482,809 2,482,809  
b Net rental income or (loss) 2,457,009
6a Net gain or (loss) from sale of assets not on line 10 529,924
b Gross sales price for all assets on line 6a 5,043,087
7 Capital gain net income (from Part IV, line 2)... 529,924
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 68,231    
12 Total. Add lines 1 through 11........ 3,530,045 3,461,814  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 191,756 146,562   45,194
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 17,325 12,994   4,331
16a Legal fees (attach schedule)......... Click to see attachment 1,488 1,488    
b Accounting fees (attach schedule)....... Click to see attachment 12,800     12,800
c Other professional fees (attach schedule).... Click to see attachment 3,657 3,657    
17 Interest............... 127 127    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 54,475 11,981   1,401
19 Depreciation (attach schedule) and depletion... Click to see attachment 11,283 8,462  
20 Occupancy.............. 10,780 8,085   2,695
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 303,401 268,572   34,372
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 607,092 461,928   100,793
25 Contributions, gifts, grants paid....... 1,505,875 1,505,875
26 Total expenses and disbursements. Add lines 24 and 25 2,112,967 461,928   1,606,668
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,417,078
b Net investment income (if negative, enter -0-) 2,999,886
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............. 25 38 38
2 Savings and temporary cash investments......... 3,077,226 1,500,280 1,500,280
3 Accounts receivable bullet35,782
Less: allowance for doubtful accounts bullet   228,954 35,782 35,782
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) bullet5,946
Less: allowance for doubtful accounts bullet     Click to see attachment5,946 5,946
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 21,193 45,921 45,921
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 16,701,449 Click to see attachment17,930,866 17,930,866
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet3,125,012
Less: accumulated depreciation (attach schedule) bullet747,694 2,403,118 Click to see attachment2,377,318 13,407,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet272,705
Less: accumulated depreciation (attach schedule) bullet65,069 218,919 Click to see attachment207,636 222,192
15 Other assets (describe bullet) Click to see attachment162 Click to see attachment148 Click to see attachment148
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,651,046 22,103,935 33,148,173
Liabilities 17 Accounts payable and accrued expenses.......... 5,709 28,944
18 Grants payable.................    
19 Deferred revenue................. 820,062 566,448
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 825,771 595,392
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........ 21,825,275 21,508,543
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 21,825,275 21,508,543
31 Total liabilities and net assets/fund balances (see instructions). 22,651,046 22,103,935
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
21,825,275
2
Enter amount from Part I, line 27a .....................
2
1,417,078
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,050
4
Add lines 1, 2, and 3 ..........................
4
23,247,403
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,738,860
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
21,508,543
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c PUBLICLY TRADED SECURITIES P    
d PUBLICLY TRADED SECURITIES P    
e BRIDGE INVESTMENT GROUP P    
LANDMARK FUND P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 447,253   261,319 185,934
b 1,848,401   1,821,916 26,485
c 5,869   6,014 -145
d 2,385,000   2,415,996 -30,996
e     6,300 -6,300
44,755   1,618 43,137
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       185,934
b       26,485
c       -145
d       -30,996
e       -6,300
      43,137
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 2 529,924
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 1,475,347 32,344,489 0.045614
2016 1,297,850 30,078,537 0.043149
2015 1,259,077 27,597,757 0.045622
2014 1,040,560 27,682,230 0.037589
2013 1,056,199 26,757,370 0.039473
2
Total of line 1, column (d) .....................
2
0.211447
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
0.042289
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
33,839,762
5
Multiply line 4 by line 3......................
5
1,431,050
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
29,999
7
Add lines 5 and 6........................
7
1,461,049
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,606,668
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 29,999
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  
3 Add lines 1 and 2........................... 3 29,999
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,999
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 61,994
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 76,994
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 46,995
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet46,995 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletLA
    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 ofbulletBRENDA AYO Telephone no.bullet (985) 385-0812

    Located atbullet818 SECOND STREETMORGAN CITYLA ZIP+4bullet70380
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    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
     
    No
    .........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
    BRENDA B AYO PRESIDENT
    40.00     		78,937 12,575 0
    1708 EAST GARNER DRIVE
    MORGAN CITY,LA70380
    EMILE A WAGNER III TREASURER
    4.25     		37,819 0 0
    2036 PALMER AVENUE
    NEW ORLEANS,LA70118
    GWEN E ROSS SECRETARY
    40.00     		47,000 4,750 0
    1708 EAST GARNER DRIVE
    MORGAN CITY,LA70380
    MELISSA PARSIOLA VICE PRESIDE
    4.25     		28,000 0 0
    208 BRIGHTON LANE
    BERWICK,LA70342
    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  
    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.............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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,898,261
    b
    Average of monthly cash balances.......................
    1b
    1,794,836
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,661,991
    d
    Total (add lines 1a, b, and c).........................
    1d
    34,355,088
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    34,355,088
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    515,326
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,839,762
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,691,988
    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
    1,691,988
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    29,999
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,999
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,661,989
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    5,050
    5
    Add lines 3 and 4............................
    5
    1,667,039
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,667,039
    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
    1,606,668
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    1,606,668
    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
    29,999
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,576,669
    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 1,667,039
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,491,438
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,606,668
    a Applied to 2017, but not more than line 2a 1,491,438
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 115,230
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		1,551,809
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BRENDA B AYO
    PO BOX 889
    MORGAN CITY,LA70381
    (985) 385-0812
    bThe form in which applications should be submitted and information and materials they should include:
    A WRITTEN STATEMENT PROVIDING THE REQUESTING ORGANIZATION'S NAME, ADDRESS, TELEPHONE NUMBER, CONTACT PERSON(S), AND THE AMOUNT REQUESTED. INCLUDE THE PURPOSE AND DETAILED PLAN FOR THE REQUESTED FUNDS. PROVIDE DETAILS OF OTHER SOURCES OF FUNDING PLANNED FOR THE PROJECT ALONG WITH TOTAL COST. INCLUDE AVAILABLE SUPPORT FOR DETERMINATION OF FUNDS NEEDED AND ANY OTHER SUPPORTING DOCUMENTATION AVAILABLE.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE CONFINED TO THOSE INSTITUTIONS, PERSONS, AND PURPOSES LOCATED IN, OPERATING IN, OR BENEFITING THE PEOPLE OF THE CITY OF MORGAN CITY, LOUISIANA.
    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
    ATKINSON MEMORIAL PRESBYTERIAN CHUR
    212 4TH STREET
    MORGAN CITY,LA70380     		  PC GROUNDS UPKEEP, DOORS, TREE REMOVAL 15,400
    BEARS
    708 FRONT STREET
    MORGAN CITY,LA70380     		  PC INTERNET SERVICE AND AMPLIFIER 1,000
    BRYCE LANDRY
    1016 FIRST STREET
    MORGAN CITY,LA70380     		NONE I SCHOLARSHIP 3,000
    CANDICE BURTON
    1029 PINE STREET
    MORGAN CITY,LA70380     		NONE I SCHOLARSHIP 1,000
    CENTRAL CATHOLIC ELEMENTARY SCHOOL
    2100 CEDAR STREET UNIT 2
    MORGAN CITY,LA70380     		  PC TUITION ASSIST, ACCELERATED READER 22,074
    CENTRAL CATHOLIC HIGH SCHOOL
    2100 CEDAR STREET UNIT 1
    MORGAN CITY,LA70380     		  PC SCHOLARSHIPS 8,000
    CENTRAL CATHOLIC HIGH SCHOOL
    2100 CEDAR STREET UNIT 1
    MORGAN CITY,LA70380     		  PC MACBOOK, TUTORING SOFTWARE 8,589
    CHILDREN'S THEATER OF MC
    PO BOX 826
    MORGAN CITY,LA70380     		  PC SUMMER PRODUCTION 10,000
    CITY COURT OF MORGAN CITY
    7261 HIGHWAY 182
    MORGAN CITY,LA70380     		  GOV REACH PROGRAM, STUDENT NEEDS 28,875
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV BIKE M.C. ARCHITECTURAL DRAWINGS 12,000
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV PETTING ZOO OPERATIONS 10,000
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV LIBRARY OPERATIONS 30,000
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV AUDITORIUM IMPROVEMENTS 143,440
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV CITY BEAUTIFICATION 5,000
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV FERAL CAT PROGRAM 3,500
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV UTILITY METERS 100,000
    CITY OF MORGAN CITY
    512 1ST STREET
    MORGAN CITY,LA70380     		  GOV VOLUNTEER FIRE DEPARTMENT OPERATIONS 1,250
    COMMUNITY CONCERT ASSOCIATION OF MO
    PO BOX 1515
    MORGAN CITY,LA70381     		  PC CULTURAL EVENTS - CONCERTS 50,000
    GLORY MINISTRIES
    1316 VICTOR II BLVD
    MORGAN CITY,LA70380     		  PC YOUTH COUNSELING PROGRAM 66,009
    GREEN COMMUNITY FOUNDATION
    8004 HIGHWAY 182
    MORGAN CITY,LA70380     		  PC BAYOU SONGWRITERS FESTIVAL 10,000
    HANISHA GABRIEL
    810 N EVERETT STREET
    MORGAN CITY,LA70380     		NONE I SCHOLARSHIP 1,000
    HIGHER GROUND FAMILY CHURCH
    PO BOX 849
    MORGAN CITY,LA70381     		  PC FOUNDATION & PLUMBING 143,079
    IMMANUEL CHRISTIAN SCHOOL
    901 FIG STREET
    MORGAN CITY,LA70380     		  PC TUITION ASSISTANCE, LAPTOPS, NEEDS 22,500
    J S AUCOIN ELEMENTARY
    739 JULIA STREET
    MORGAN CITY,LA70380     		  GOV MICROPHONE SYSTEM, STUDENT NEEDS 15,200
    JULIA MAITLAND ELEMENTARY SCHOOL
    1907 FEDERAL AVENUE
    MORGAN CITY,LA70380     		  GOV TECHNOLOGY 36,418
    KENDALE WATSON
    510 ORANGE STREET
    MORGAN CITY,LA70380     		NONE I SCHOLARSHIP 6,587
    LAST HONKY TONK MUSIC SERIES
    8004 HIGHWAY 182E
    MORGAN CITY,LA70380     		  NC CONCERT OF LIGHT 2,000
    LEE CHAPEL AME CHURCH
    609 FRERET STREET
    MORGAN CITY,LA70380     		  PC KIDS PROGRAM 1,500
    ME NORMAN ELEMENTARY SCHOOL
    900 SPRUCE STREET
    MORGAN CITY,LA70380     		  GOV LAPTOPS/CARTS, STUDENT NEEDS 15,000
    MORGAN CITY HIGH SCHOOL
    2400 TIGER DR
    MORGAN CITY,LA70380     		  GOV SCHOLARSHIPS 26,000
    MORGAN CITY HIGH SCHOOL
    2400 TIGER DR
    MORGAN CITY,LA70380     		  GOV TESTING MATERIALS, STUDENT NEEDS 23,504
    MORGAN CITY JUNIOR HIGH SCHOOL
    911 MARGUERITE ST
    MORGAN CITY,LA70380     		  GOV ACCELERATED READER, STUDENT NEEDS 9,630
    MORGAN CITY LIONS CLUB
    PO BOX 172
    MORGAN CITY,LA70381     		  PC EYEGLASSES AND EXAMS FOR INDIGENT 5,000
    MORGAN CITY POLICE RESERVE UNIT
    723 MYRTLE STREET
    MORGAN CITY,LA70380     		  GOV AMMUNITION 600
    MORGAN CITY YOUTH CENTER
    900 YOUNGS RD
    MORGAN CITY,LA70380     		  GOV PROGRAM OPERATIONS, NEEDS 81,898
    SAMOLIA JOHNSON
    409 LAWRENCE STREET
    MORGAN CITY,LA70380     		NONE I SCHOLARSHIP, EDUCATIONAL ASSISTANCE 4,865
    SLCC FOUNDATION
    1101 BERTRAND DRIVE
    LAFAYETTE,LA70506     		  PC SIMULATION EQUIPMENT, SUPPLIES 222,472
    ST MARY COUNCIL ON AGING INC
    600 MAIN ST
    ROOMS 111-114
    FRANKLIN,LA70538     		  PC MEALS ON WHEELS, WEBSITE 80,400
    ST MARY OUTREACH
    608 1ST ST 102
    MORGAN CITY,LA70380     		  PC OPERATING EXPENSES; AID TO RESIDENTS 225,000
    TRI-CITY HELPING HEARTS FOUNDATION
    PO BOX 1508
    MORGAN CITY,LA70381     		  PC BURIAL NEEDS FOR M.C. RESIDENTS 10,000
    TRI-CITY SWIM TEAM
    1114 FOURTH STREET
    MORGAN CITY,LA70380     		  NC POOL IMPROVEMENTS 22,257
    WYANDOTTE ELEMENTARY SCHOOL
    2 GLENWOOD ST
    MORGAN CITY,LA70380     		  GOV LAPTOPS/CARTS, STUDENT NEEDS 16,800
    INDIGENT INDIVIDUALS
    INDIGENT INDIVIDUALS
    MORGAN CITY,LA70380     		NONE I HOUSING ASSISTANCE 750
    INDIGENT INDIVIDUALS
    INDIGENT INDIVIDUALS
    MORGAN CITY,LA70380     		NONE I WORK/SCHOOL SUPPLIES 350
    INDIGENT INDIVIDUALS
    INDIGENT INDIVIDUALS
    MORGAN CITY,LA70380     		NONE I GROCERIES 3,928
    Total .................................bullet 3a 1,505,875
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 89,925  
    4 Dividends and interest from securities....     14 359,156  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 2,457,009  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 529,924  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aLANDMARK DIVIDEND GROWTH FU     		531190 68,231      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 68,231 3,436,014  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,504,245
    (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:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DARNALL, SIKES & FREDERICK 12,800     12,800

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

    TY 2018 DepreciationSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    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
    LAND - SECOND STREET 2013-07-01 29,000              
    BUILDING - SECOND STREET 2013-07-01 170,768 19,211 S/L 40.0000 4,269 3,202    
    LAND IMPROV - SECOND ST 2013-07-01 9,323 2,597 S/L 15.0000 621 466    
    8X8 METAL STORAGE BUILDIN 2014-04-01 2,050 496 S/L 15.0000 136 102    
    COMPUTER 2006-03-23 910 910 S/L 5.0000        
    COMPUTER 2009-11-10 2,520 2,520 S/L 5.0000        
    PHONE & INTERNET LINES 2013-07-01 367 330 S/L 5.0000 37 28    
    REFRIGERATOR 2013-07-01 1,020 918 S/L 5.0000 102 77    
    STOVE 2013-07-01 545 491 S/L 5.0000 54 41    
    ADD ELECTRIC WIRING 2013-07-01 227 204 S/L 5.0000 23 17    
    LEXMARK LASER PRINTER 2013-06-26 917 641 S/L 5.0000 184 138    
    ALARM SYSTEM 2013-07-01 3,268 2,942 S/L 5.0000 326 244    
    PHONE FAX INTERNET LINES 2013-07-01 565 508 S/L 5.0000 57 43    
    SNAPPER LAWN MOWER 2014-04-01 1,469 1,102 S/L 5.0000 294 221    
    RECEPTION DESK CHAIR 2013-07-01 162 104 S/L 7.0000 23 17    
    END TABLES 2013-07-01 173 112 S/L 7.0000 24 18    
    VALANCE & AWARD PEDESTAL 2013-07-01 914 588 S/L 7.0000 130 98    
    PICTURE FRAMES 2013-07-01 1,410 905 S/L 7.0000 202 151    
    PORCH FURNITURE 2013-07-01 490 315 S/L 7.0000 70 52    
    PICTURES 2013-07-01 1,142 1,097 S/L 5.0000 45 34    
    DECORATING CONSULTING 2013-07-01 1,468 944 S/L 7.0000 209 157    
    DRAPERIES AND BLINDS 2013-07-01 6,409 3,877 S/L 7.0000 915 686    
    CHINA 2013-10-30 2,200 1,309 S/L 7.0000 315 236    
    LAMP & INCIDENTALS 2013-10-30 912 542 S/L 7.0000 131 98    
    BUILDING - GUTTERS 2013-07-01 1,394 157 S/L 40.0000 35 26    
    BUILDING - SHUTTERS 2013-07-01 14,085 1,584 S/L 40.0000 352 264    
    BUILDING - PORCH RAILS 2013-07-01 1,169 131 S/L 40.0000 29 22    
    FURNITURE DEPOSIT 2013-07-01 4,500 2,893 S/L 7.0000 643 482    
    WALL UNIT FOR DISPLAY 2014-04-01 2,155 847 S/L 7.0000 308 231    
    COPIER 2017-12-12 2,668 44 S/L 5.0000 534 400    
    FURNITURE & RUGS 2013-07-01 8,505 5,468 S/L 7.0000 1,215 911    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T 113,447 113,447
    EXELON 39,463 39,463
    VERIZON 58,076 58,076
    ALLSTATE CORP 38,258 38,258
    CITCO 926,120 926,120
    LANDMARK DIVIDEND GROWTH FUND 400,000 400,000
    BAIN CAPITAL SPECIALTY FINANCE 446,603 446,603
    VANGUARD SHORT TERM CORP BOND ETF 111 111
    JPMORGAN STRATEGIC 497,820 497,820
    TRANSAMERICA STRATEGIC 189,150 189,150
    BRIDGE DEBT II INTERNATIONAL FUNDS 489,006 489,006
    MOSAIC REAL ESTATE CREDIT 304,317 304,317
    STONEPEAK INFRASTRUCTURE FUND 52,158 52,158
    SEE SUPPORTING DETAIL 14,376,337 14,376,337

    TY 2018 InvestmentsLandSchedule2
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS 689,644 689,644   2,241,272
    IMPROVEMENTS 387,001 58,050 328,951 354,750
    LAND 2,048,367   2,048,367 10,810,978

    TY 2018 LandEtcSchedule2
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE AND FIXTURES 30,440 23,230 7,210 8,519
    MACHINERY AND EQUIPMENT 14,476 12,220 2,256 2,255
    BUILDINGS 187,416 25,769 161,647 181,000
    IMPROVEMENTS 11,373 3,850 7,523 1,418
    LAND 29,000   29,000 29,000


    TY 2018 LegalFeesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MILLING BENSON WOODWARD LLP 1,238 1,238    
    KATHLEEN JUNEAU 250 250    


    TY 2018 OtherAssetsSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREMIUM RECEIVABLE- SUPPLEMENTAL INS 162 148 148


    TY 2018 OtherDecreasesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Description Amount
    NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS 1,738,860


    TY 2018 OtherExpensesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LAND - MORGAN CITY, LA        
    INVESTMENT DEPRECIATION 25,800 25,800    
    EXPENSES        
    INSURANCE 9,165 6,874   2,291
    REPAIRS AND MAINTENANCE 148,274 119,650   28,624
    INVESTMENT FEES 101,744 101,744    
    RENTAL EXPENSES 4,133 4,133    
    OFFICE EXPENSES 13,828 10,371   3,457
    PENALTIES 457      


    TY 2018 OtherIncomeSchedule2
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LANDMARK DIVIDEND GROWTH FUND 68,231    


    TY 2018 OtherIncreasesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Description Amount
    RECOVERIES OF PY QUALIFYING DISTRIBUTIONS 5,050


    TY 2018 OtherNotesLoansRcvblShortSch2
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Name of 501(c)(3) Organization Balance Due
    NOTE RECEIVABLE - S JOHNSON
          		5,946


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NORTH AMERICAN TERMINAL SERVICES 3,657 3,657    


    TY 2018 TaxesSchedule
    Name:
    H & B YOUNG FOUNDATION
    EIN:
    72-6029365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAX EXPENSE 5,605 4,204   1,401
    FEDERAL EXCISE TAX 29,999      
    FOREIGN TAXES PAID 7,777 7,777    
    UNRELATED BUSINESS INCOME TAX 11,094