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 CLAY & ELEANOR D LARGE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

23-8012647
B Telephone number (see instructions)

(412) 762-3792
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$1,958,207J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 45,354 45,354  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 382,498
b Gross sales price for all assets on line 6a 2,409,594
7 Capital gain net income (from Part IV, line 2)... 382,498
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 427,852 427,852  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 29,215 29,215    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,740 50   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,955 29,265 0 0
25 Contributions, gifts, grants paid....... 80,340 80,340
26 Total expenses and disbursements. Add lines 24 and 25 111,295 29,265 0 80,340
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 316,557
b Net investment income (if negative, enter -0-) 398,587
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 81,580 102,623 102,623
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 444,557    
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).......... 1,290,761 Click to see attachment2,030,826 1,855,584
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,816,898 2,133,449 1,958,207
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 1,807,750 2,121,968
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 9,148 11,481
30 Total net assets or fund balances (see instructions)..... 1,816,898 2,133,449
31 Total liabilities and net assets/fund balances (see instructions). 1,816,898 2,133,449
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
1,816,898
2
Enter amount from Part I, line 27a .....................
2
316,557
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,133,455
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,133,449
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 37. AGILENT TECHNOLOGIES (IPO)   2017-04-21 2018-01-04
b 9. THERMO ELECTRON CORP COM   2015-08-20 2018-01-04
c 77. WYNDHAM WORLDWIDE CORP   2014-01-17 2018-01-04
d 119. TRANSCANADA CORP (HOLDING CO)   2017-06-02 2018-01-19
e 3. ABBVIE INC   2017-12-08 2018-01-23
2. AETNA INC NEW   2013-05-30 2018-01-23
6. AGILENT TECHNOLOGIES (IPO)   2017-04-21 2018-01-23
1. ALPHABET INC/CA-CL A   2015-08-05 2018-01-23
6. ALTRIA GROUP INC   2013-05-13 2018-01-23
5. AMERICAN WATER WORKS CO INC   2016-02-05 2018-01-23
4. AMGEN INC   2013-12-30 2018-01-23
6. ANALOG DEVICES INC   2017-06-14 2018-01-23
11. APPLE INC   2013-10-09 2018-01-23
9. APPLIED MATERIALS INC   2016-07-14 2018-01-23
16.51 ARTISAN INTERNATIONAL FD-ADV   2012-10-24 2018-01-23
8. BANK NEW YORK MELLON CORP COM   2016-05-02 2018-01-23
6. BAXTER INTERNATIONAL INC   2018-01-04 2018-01-23
11. BERRY GLOBAL GROUP INC   2016-08-24 2018-01-23
2. BIOGEN INC   2016-08-03 2018-01-23
2. BOEING CO   2017-10-20 2018-01-23
10. BORG WARNER INC.   2017-08-18 2018-01-23
6. BURLINGTON STORES INC   2016-09-01 2018-01-23
7. CBS CORP CLASS B WI   2016-08-05 2018-01-23
9. CISCO SYS INC COM   2015-03-27 2018-01-23
7. CITIGROUP INC   2017-07-28 2018-01-23
17. CITIZENS FINANCIAL GROUP   2016-11-11 2018-01-23
19. COMCAST CORPORATION CL A   2011-10-12 2018-01-23
8. CONOCOPHILLIPS   2017-11-03 2018-01-23
4. CONSTELLATION BRANDS INC CL A   2014-05-15 2018-01-23
2. CUMMINS INC   2017-02-17 2018-01-23
39. XTRACKERS MSCI JAPAN HEDGED ETF   2015-04-30 2018-01-23
8. DOWDUPONT INC   2015-04-28 2018-01-23
7. FACEBOOK INC   2016-03-02 2018-01-23
3. GENERAL DYNAMICS CORP   2015-05-27 2018-01-23
10. HALLIBURTON CO   2017-01-27 2018-01-23
5. HOME DEPOT INC COM   2012-05-02 2018-01-23
3. HONEYWELL INTL INC   2015-05-27 2018-01-23
3. ILLINOIS TOOL WORKS INC COM   2016-02-17 2018-01-23
10. INTEL CORP   2016-08-22 2018-01-23
54. ISHARES MSCI EMERGING MKTS INDEX FUND   2012-11-02 2018-01-23
9. ISHARES TR S&P SMLCP VALU   2012-10-24 2018-01-23
8. ISHARES TR S&P SMLCP GROW   2014-03-14 2018-01-23
10. ISHARES MSCI EAFE SMALL-CAP ETF   2017-11-30 2018-01-23
82. ISHARES EDGE MSCI USA QUALITY FACTOR ETF   2016-09-30 2018-01-23
70. ISHARES EDGE MSCI USA VALUE FACTOR ETF   2016-09-30 2018-01-23
14. J P MORGAN CHASE & CO COM   2009-05-11 2018-01-23
3. JOHNSON & JOHNSON COM   2012-11-02 2018-01-23
3. LAM RESEARCH CORP   2015-12-18 2018-01-23
5. LAUDER ESTEE COS INC CL A   2017-09-01 2018-01-23
4. MARRIOTT INTERNATIONAL INC CL A   2018-01-04 2018-01-23
4. MCDONALDS CORP COM   2017-06-19 2018-01-23
6. MICROSOFT CORP   2014-03-31 2018-01-23
2. MOHAWK INDS INC   2016-08-05 2018-01-23
12. MORGAN STANLEY   2016-10-21 2018-01-23
1. NORTHROP GRUMMAN CORPORATION   2015-03-27 2018-01-23
6. OCCIDENTAL PETE CORP COM   2018-01-19 2018-01-23
3. PARKER HANNIFIN CORP   2017-04-07 2018-01-23
5. PEPSICO INC COM   2016-06-03 2018-01-23
14. PFIZER INC COM   2017-11-10 2018-01-23
6. PRICE T ROWE GROUP INC COM   2017-08-25 2018-01-23
11. PROLOGIS INC   2016-10-21 2018-01-23
3. RAYTHEON COMPANY   2016-02-01 2018-01-23
6. ROYAL DUTCH SHELL PLC ADR A   2017-10-20 2018-01-23
5. S&P GLOBAL INC   2016-05-20 2018-01-23
12. SECTOR SPDR TR SBI INT-TECH   2017-04-28 2018-01-23
1. SHERWIN-WILLIAMS CO   2017-06-19 2018-01-23
2. STANLEY BLACK & DECKER INC   2017-11-03 2018-01-23
8. STATE STR CORP COM   2016-09-07 2018-01-23
2. STRYKER CORP   2017-03-13 2018-01-23
12. SUNTRUST BANKS INC COM   2016-06-24 2018-01-23
7. T-MOBILE US INC   2017-04-28 2018-01-23
8. TEXAS INSTRS INC COM   2015-11-11 2018-01-23
2. THERMO ELECTRON CORP COM   2015-08-20 2018-01-23
11. TOTAL FINA S A   2016-05-06 2018-01-23
3. UNITED RENTALS INC COM   2017-05-25 2018-01-23
3. UNITEDHEALTH GROUP INC COM   2016-10-28 2018-01-23
4. VISA INC CLASS A SHARES   2013-02-11 2018-01-23
8. WEC ENERGY GROUP INC   2009-03-13 2018-01-23
152. WISDOMTREE U.S. QUALITY DIVI ETF   2016-09-30 2018-01-23
7. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2017-05-25 2018-01-23
5. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-01-23
88. CBS CORP CLASS B WI   2016-08-05 2018-02-02
10. HOME DEPOT INC COM   2012-05-02 2018-02-02
7. MOHAWK INDS INC   2016-08-05 2018-02-02
66. ABBVIE INC   2017-12-08 2018-02-08
33. AETNA INC NEW   2013-05-30 2018-02-08
30. AGILENT TECHNOLOGIES (IPO)   2017-08-18 2018-02-08
58. AGILENT TECHNOLOGIES (IPO)   2017-04-21 2018-02-08
17. ALPHABET INC/CA-CL A   2015-08-05 2018-02-08
93. ALTRIA GROUP INC   2013-05-13 2018-02-08
6. AMAZON.COM INC   2018-02-02 2018-02-08
66. AMERICAN WATER WORKS CO INC   2016-02-05 2018-02-08
58. AMGEN INC   2013-12-30 2018-02-08
29. ANALOG DEVICES INC   2017-09-01 2018-02-08
68. ANALOG DEVICES INC   2017-06-14 2018-02-08
97. APPLE INC   2013-10-21 2018-02-08
61. APPLE INC   2017-03-13 2018-02-08
123. APPLIED MATERIALS INC   2016-07-14 2018-02-08
63.23 ARTISAN INTERNATIONAL FD-ADV   2017-03-24 2018-02-08
1210.681 ARTISAN INTERNATIONAL FD-ADV   2012-10-24 2018-02-08
52.943 BAIRD MIDCAP INST   2018-01-23 2018-02-08
3874.181 BAIRD MIDCAP INST   2016-04-06 2018-02-08
104. BANK NEW YORK MELLON CORP COM   2016-05-02 2018-02-08
89. BAXTER INTERNATIONAL INC   2018-01-04 2018-02-08
145. BERRY GLOBAL GROUP INC   2016-08-24 2018-02-08
28. BIOGEN INC   2016-08-03 2018-02-08
1. BIOGEN INC   2017-02-17 2018-02-08
364.29 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2017-09-13 2018-02-08
2918.706 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2014-10-23 2018-02-08
99.697 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2017-03-24 2018-02-08
26. BOEING CO   2017-10-20 2018-02-08
173. BORG WARNER INC.   2017-08-18 2018-02-08
16. BURLINGTON STORES INC   2017-03-13 2018-02-08
53. BURLINGTON STORES INC   2016-09-01 2018-02-08
129. CISCO SYS INC COM   2015-03-27 2018-02-08
95. CITIGROUP INC   2017-07-28 2018-02-08
231. CITIZENS FINANCIAL GROUP   2016-11-11 2018-02-08
287. COMCAST CORPORATION CL A   2011-10-12 2018-02-08
109. CONOCOPHILLIPS   2017-11-03 2018-02-08
60. CONSTELLATION BRANDS INC CL A   2014-05-15 2018-02-08
33. CUMMINS INC   2017-02-17 2018-02-08
487. XTRACKERS MSCI JAPAN HEDGED ETF   2015-04-30 2018-02-08
2176. XTRACKERS MSCI EUROPE HEDGED ETF   2017-04-27 2018-02-08
191. XTRACKERS MSCI EUROPE HEDGED ETF   2017-09-13 2018-02-08
1484. XTRACKERS MSCI EUROPE HEDGED ETF   2015-04-30 2018-02-08
122. DOWDUPONT INC   2015-04-28 2018-02-08
96. FACEBOOK INC   2016-03-02 2018-02-08
35. GENERAL DYNAMICS CORP   2015-05-27 2018-02-08
134. HALLIBURTON CO   2017-01-27 2018-02-08
.117 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2018-01-23 2018-02-08
1407.923 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2012-11-02 2018-02-08
60. HOME DEPOT INC COM   2012-05-02 2018-02-08
44. HONEYWELL INTL INC   2015-05-27 2018-02-08
53. ILLINOIS TOOL WORKS INC COM   2016-02-17 2018-02-08
131. INTEL CORP   2016-08-22 2018-02-08
17. ISHARES TIPS BOND ETF   2017-03-24 2018-02-08
331. ISHARES TIPS BOND ETF   2016-08-25 2018-02-08
52. ISHARES TIPS BOND ETF   2017-09-13 2018-02-08
936. ISHARES CORE US AGGREGATE BOND ETF   2014-10-23 2018-02-08
73. ISHARES CORE US AGGREGATE BOND ETF   2017-03-24 2018-02-08
142. ISHARES CORE US AGGREGATE BOND ETF   2017-09-13 2018-02-08
818. ISHARES MSCI EMERGING MKTS INDEX FUND   2012-11-02 2018-02-08
258. ISHARES MSCI EMERGING MKTS INDEX FUND   2017-05-31 2018-02-08
496. ISHARES MSCI EMERGING MKTS INDEX FUND   2017-08-31 2018-02-08
3. ISHARES TR S&P SMLCP VALU   2017-09-13 2018-02-08
210. ISHARES TR S&P SMLCP VALU   2012-10-24 2018-02-08
190. ISHARES TR S&P SMLCP GROW   2014-03-14 2018-02-08
174. ISHARES MSCI EAFE SMALL-CAP ETF   2017-11-30 2018-02-08
1515. ISHARES EDGE MSCI USA QUALITY FACTOR ETF   2016-09-30 2018-02-08
66. ISHARES EDGE MSCI USA QUALITY FACTOR ETF   2017-04-28 2018-02-08
1116. ISHARES EDGE MSCI USA VALUE FACTOR ETF   2016-09-30 2018-02-08
194. J P MORGAN CHASE & CO COM   2009-05-11 2018-02-08
44. JOHNSON & JOHNSON COM   2012-11-02 2018-02-08
33. LAM RESEARCH CORP   2015-12-18 2018-02-08
77. LAUDER ESTEE COS INC CL A   2017-09-01 2018-02-08
190.544 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2018-01-23 2018-02-08
5307.951 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2013-08-28 2018-02-08
58. MARRIOTT INTERNATIONAL INC CL A   2018-01-04 2018-02-08
58. MCDONALDS CORP COM   2017-06-19 2018-02-08
88. MICROSOFT CORP   2014-03-31 2018-02-08
14. MOHAWK INDS INC   2016-08-05 2018-02-08
6. MOHAWK INDS INC   2017-03-13 2018-02-08
7. MOHAWK INDS INC   2017-08-18 2018-02-08
163. MORGAN STANLEY   2016-10-21 2018-02-08
26. NORTHROP GRUMMAN CORPORATION   2015-03-27 2018-02-08
83. OCCIDENTAL PETE CORP COM   2018-01-19 2018-02-08
42. PARKER HANNIFIN CORP   2017-04-07 2018-02-08
75. PEPSICO INC COM   2016-06-03 2018-02-08
230. PFIZER INC COM   2017-11-10 2018-02-08
84. PRICE T ROWE GROUP INC COM   2017-08-25 2018-02-08
98. PROLOGIS INC   2016-10-21 2018-02-08
61. PROLOGIS INC   2017-06-02 2018-02-08
33. RAYTHEON COMPANY   2016-02-01 2018-02-08
1386.966 ROWE T PRICE VALUE FD INC COM   2013-08-28 2018-02-08
59.517 ROWE T PRICE VALUE FD INC COM   2018-01-23 2018-02-08
93. ROYAL DUTCH SHELL PLC ADR A   2017-10-20 2018-02-08
61. S&P GLOBAL INC   2016-05-20 2018-02-08
4. SECTOR SPDR TR SBI INT-TECH   2017-11-30 2018-02-08
169. SECTOR SPDR TR SBI INT-TECH   2017-04-28 2018-02-08
15. SHERWIN-WILLIAMS CO   2017-06-19 2018-02-08
36. STANLEY BLACK & DECKER INC   2017-11-03 2018-02-08
97. STATE STR CORP COM   2016-09-07 2018-02-08
39. STRYKER CORP   2017-03-13 2018-02-08
158. SUNTRUST BANKS INC COM   2016-06-24 2018-02-08
95. T-MOBILE US INC   2017-04-28 2018-02-08
259.38 TEMPLETON GLOBAL BOND FUND AD FUND   2017-09-13 2018-02-08
1624.652 TEMPLETON GLOBAL BOND FUND AD FUND   2012-11-12 2018-02-08
1893.521 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER   2015-01-26 2018-02-08
68.577 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER   2018-01-23 2018-02-08
109. TEXAS INSTRS INC COM   2015-11-11 2018-02-08
31. THERMO ELECTRON CORP COM   2015-08-20 2018-02-08
146. TOTAL FINA S A   2016-05-06 2018-02-08
37. TYSON FDS INC COM   2018-01-23 2018-02-08
68. TYSON FDS INC COM   2016-03-14 2018-02-08
47. UNITED RENTALS INC COM   2017-05-25 2018-02-08
41. UNITEDHEALTH GROUP INC COM   2016-10-28 2018-02-08
1471.346 VANGUARD TOTL BD MKT IDX-ADM   2017-09-13 2018-02-08
9506.331 VANGUARD TOTL BD MKT IDX-ADM   2014-10-23 2018-02-08
761.337 VANGUARD TOTL BD MKT IDX-ADM   2017-03-24 2018-02-08
71. VISA INC CLASS A SHARES   2013-02-11 2018-02-08
482.105 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I   2017-09-13 2018-02-08
100.294 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I   2017-03-24 2018-02-08
3311.476 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I   2016-08-05 2018-02-08
138. WEC ENERGY GROUP INC   2009-03-13 2018-02-08
84.62 WELLS FARGO SPECIAL US MID CAP VALUE I   2017-09-13 2018-02-08
1909.98 WELLS FARGO SPECIAL US MID CAP VALUE I   2016-05-26 2018-02-08
2631. WISDOMTREE U.S. QUALITY DIVI ETF   2016-09-30 2018-02-08
110. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2017-05-25 2018-02-08
68. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868   2017-04-07 2018-02-08
1. JPMORGAN CHASE 46625H100   2001-01-01 2018-04-24
167.395 AMG MANAGERS LMCG SMALL CAP GROWTH FUND   2018-02-08 2018-04-25
107.092 CAMBIAR INTL EQUITY FUND-INS   2016-12-20 2018-04-25
181.074 AB CONCENTRATED GROWTH-ADV   2018-02-08 2018-04-25
255.379 DELAWARE VALUE FUND CLASS-I   2018-02-08 2018-04-25
37.973 OAKMARK INTL SM CAP-INST 2888   2018-02-08 2018-04-25
230.065 HOTCHKIS & WILEY M/C VALUE CL I   2018-02-08 2018-04-25
1. ISHARES TR MSCI EAFE IDX   2018-02-08 2018-04-25
411.345 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-02-08 2018-04-25
132.758 MADISON MID CAP FUND CLASS Y   2018-02-08 2018-04-25
75.429 PRINCIPAL MID CAP FUND CLASS INS   2018-02-08 2018-04-25
97.385 DREYFUS INTERNATIONAL STOCK FUND CL I 6157   2018-02-08 2018-04-25
35.015 TOUCHSTONE SANDS EM GR-INST FUND 565   2018-02-08 2018-04-25
87.384 TOUCHSTONE SM CAP VAL-INST   2018-02-08 2018-04-25
140.623 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705   2018-02-08 2018-04-25
213.032 WASATCH INTL OPPORTUNIT-INST   2016-05-26 2018-04-25
1. AMERICAN INTERNATIONAL GROUP INC   2001-01-01 2018-09-27
6458.749 DREYFUS INTERNATIONAL STOCK FUND CL I 6157   2018-02-08 2018-10-24
330.517 AB CONCENTRATED GROWTH-ADV   2018-02-08 2018-10-26
1. NU SKIN ENTERPRISES 67018T105   2001-01-01 2018-11-23
276.718 AMG MANAGERS LMCG SMALL CAP GROWTH FUND   2018-02-08 2018-12-13
267.758 BLACKROCK TOTAL RETURN-I   2018-02-08 2018-12-13
394.671 DELAWARE VALUE FUND CLASS-I   2018-02-08 2018-12-13
23. ISHARES TR S&P 500 INDEX FD   2018-02-08 2018-12-13
492.28 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-02-08 2018-12-13
83.3 MFS EMERGING MARKETS DEBT FUND CLASS I   2018-02-08 2018-12-13
884.136 MADISON MID CAP FUND CLASS Y   2018-02-08 2018-12-13
213.584 METROPOLITAN WEST UNCONSTRAINED BOND FUND CLASS I   2018-02-08 2018-12-13
226.04 PRINCIPAL MID CAP FUND CLASS INS   2018-02-08 2018-12-13
919.374 PGIM HIGH YIELD FUND CLASS R6   2018-02-08 2018-12-13
468.135 T ROWE PRICE INSTITUTIONAL FLOATING RATE FUND   2018-02-08 2018-12-13
472. SCHWAB US REIT ETF   2018-02-08 2018-12-13
40.787 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705   2018-02-08 2018-12-13
201.34 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287   2018-02-08 2018-12-13
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,573   1,973 600
b 1,792   1,196 596
c 8,935   5,708 3,227
d 5,738   5,581 157
e 317   289 28
378   125 253
440   320 120
1,172   666 506
428   222 206
422   319 103
772   462 310
577   489 88
1,958   771 1,187
515   234 281
589   390 199
461   322 139
417   410 7
639   477 162
693   583 110
671   522 149
559   444 115
761   491 270
403   364 39
378   244 134
550   473 77
817   506 311
802   225 577
484   422 62
881   318 563
377   302 75
1,810   1,656 154
606   411 195
1,312   768 544
621   421 200
569   581 -12
1,024   263 761
478   314 164
518   284 234
457   354 103
2,743   2,245 498
1,434   693 741
1,431   960 471
683   638 45
7,199   5,532 1,667
6,214   4,565 1,649
1,603   512 1,091
426   213 213
636   233 403
682   537 145
582   544 38
707   609 98
551   249 302
559   422 137
684   396 288
313   160 153
465   453 12
627   482 145
608   513 95
517   491 26
708   504 204
707   575 132
587   379 208
425   366 59
911   542 369
824   653 171
427   353 74
348   326 22
891   564 327
325   262 63
844   494 350
451   472 -21
952   465 487
429   266 163
642   535 107
558   335 223
735   425 310
497   157 340
511   151 360
6,641   4,906 1,735
707   548 159
637   490 147
4,912   4,576 336
1,961   527 1,434
1,884   1,478 406
7,370   6,364 1,006
5,962   2,067 3,895
2,034   1,821 213
3,932   3,092 840
17,798   12,091 5,707
6,176   3,427 2,749
8,436   8,746 -310
5,094   4,207 887
10,329   7,115 3,214
2,460   2,456 4
5,768   5,539 229
15,512   7,340 8,172
9,755   8,720 1,035
5,911   3,194 2,717
2,072   1,758 314
39,674   28,848 10,826
992   1,073 -81
72,563   58,655 13,908
5,730   4,186 1,544
5,753   6,077 -324
7,927   6,344 1,583
9,084   8,132 952
324   290 34
3,647   3,655 -8
29,216   29,794 -578
998   987 11
8,893   6,782 2,111
9,181   8,064 1,117
1,867   1,506 361
6,183   4,341 1,842
5,191   3,502 1,689
7,082   6,417 665
10,194   6,875 3,319
11,379   6,003 5,376
6,004   5,754 250
12,898   5,016 7,882
5,629   4,985 644
20,848   19,721 1,127
59,643   60,062 -419
5,235   5,563 -328
40,675   43,086 -2,411
8,579   6,362 2,217
17,021   11,157 5,864
7,490   4,901 2,589
6,577   7,781 -1,204
3   3  
31,059   21,561 9,498
11,285   5,513 5,772
6,591   4,629 1,962
8,603   5,015 3,588
5,790   4,636 1,154
1,901   1,946 -45
37,012   38,458 -1,446
5,815   5,910 -95
99,972   103,243 -3,271
7,797   7,919 -122
15,167   15,434 -267
38,445   30,350 8,095
12,126   10,634 1,492
23,311   22,622 689
445   420 25
31,165   19,776 11,389
31,743   23,966 7,777
11,131   11,102 29
124,621   102,205 22,416
5,429   4,835 594
92,381   72,783 19,598
21,593   10,718 10,875
5,709   4,964 745
5,560   2,561 2,999
10,391   8,292 2,099
3,618   3,939 -321
100,798   95,879 4,919
7,991   7,892 99
9,546   8,883 663
7,799   4,722 3,077
3,724   2,957 767
1,596   1,383 213
1,862   1,739 123
8,810   5,384 3,426
8,745   4,336 4,409
5,765   6,262 -497
7,570   6,753 817
8,447   7,831 616
7,976   8,066 -90
8,909   7,055 1,854
5,876   5,127 749
3,657   3,467 190
6,756   4,168 2,588
49,778   44,744 5,034
2,136   2,338 -202
6,018   5,675 343
11,134   6,616 4,518
257   254 3
10,850   9,191 1,659
5,994   5,300 694
5,689   5,868 -179
9,900   6,844 3,056
5,952   5,103 849
10,718   6,501 4,217
5,782   6,408 -626
3,097   3,125 -28
19,398   21,147 -1,749
40,559   38,463 2,096
1,469   1,599 -130
10,996   6,175 4,821
6,374   4,119 2,255
8,141   7,103 1,038
2,763   3,006 -243
5,078   4,579 499
8,020   5,249 2,771
9,228   6,053 3,175
15,493   15,691 -198
100,102   103,564 -3,462
8,017   8,123 -106
8,359   2,786 5,573
4,214   4,209 5
877   878 -1
28,942   28,446 496
8,263   3,770 4,493
3,078   3,366 -288
69,466   61,349 8,117
107,848   84,922 22,926
10,885   8,661 2,224
8,584   6,660 1,924
43   25 18
2,804   2,667 137
3,069   2,600 469
6,310   5,957 353
5,570   5,314 256
661   650 11
8,959   8,186 773
70   70  
6,405   6,018 387
1,305   1,269 36
2,028   1,976 52
1,793   1,762 31
461   456 5
2,282   2,203 79
4,075   3,836 239
746   614 132
40     40
110,057   116,839 -6,782
11,985   10,874 1,111
134   25 109
4,544   4,408 136
2,986   3,077 -91
8,521   8,213 308
6,129   6,161 -32
7,547   7,202 345
1,137   1,233 -96
8,859   8,452 407
2,486   2,537 -51
6,001   5,922 79
4,827   5,029 -202
4,541   4,695 -154
19,493   17,606 1,887
1,044   1,113 -69
2,233   2,332 -99
      57,342
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       600
b       596
c       3,227
d       157
e       28
      253
      120
      506
      206
      103
      310
      88
      1,187
      281
      199
      139
      7
      162
      110
      149
      115
      270
      39
      134
      77
      311
      577
      62
      563
      75
      154
      195
      544
      200
      -12
      761
      164
      234
      103
      498
      741
      471
      45
      1,667
      1,649
      1,091
      213
      403
      145
      38
      98
      302
      137
      288
      153
      12
      145
      95
      26
      204
      132
      208
      59
      369
      171
      74
      22
      327
      63
      350
      -21
      487
      163
      107
      223
      310
      340
      360
      1,735
      159
      147
      336
      1,434
      406
      1,006
      3,895
      213
      840
      5,707
      2,749
      -310
      887
      3,214
      4
      229
      8,172
      1,035
      2,717
      314
      10,826
      -81
      13,908
      1,544
      -324
      1,583
      952
      34
      -8
      -578
      11
      2,111
      1,117
      361
      1,842
      1,689
      665
      3,319
      5,376
      250
      7,882
      644
      1,127
      -419
      -328
      -2,411
      2,217
      5,864
      2,589
      -1,204
       
      9,498
      5,772
      1,962
      3,588
      1,154
      -45
      -1,446
      -95
      -3,271
      -122
      -267
      8,095
      1,492
      689
      25
      11,389
      7,777
      29
      22,416
      594
      19,598
      10,875
      745
      2,999
      2,099
      -321
      4,919
      99
      663
      3,077
      767
      213
      123
      3,426
      4,409
      -497
      817
      616
      -90
      1,854
      749
      190
      2,588
      5,034
      -202
      343
      4,518
      3
      1,659
      694
      -179
      3,056
      849
      4,217
      -626
      -28
      -1,749
      2,096
      -130
      4,821
      2,255
      1,038
      -243
      499
      2,771
      3,175
      -198
      -3,462
      -106
      5,573
      5
      -1
      496
      4,493
      -288
      8,117
      22,926
      2,224
      1,924
      18
      137
      469
      353
      256
      11
      773
       
      387
      36
      52
      31
      5
      79
      239
      132
      40
      -6,782
      1,111
      109
      136
      -91
      308
      -32
      345
      -96
      407
      -51
      79
      -202
      -154
      1,887
      -69
      -99
       
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 2 382,498
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 77,992 2,026,949 0.038478
2016 77,852 1,875,946 0.0415
2015 75,364 1,961,443 0.038423
2014 87,788 1,936,871 0.045325
2013 83,980 1,801,740 0.04661
2
Total of line 1, column (d) .....................
2
0.210336
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
0.042067
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,146,399
5
Multiply line 4 by line 3......................
5
90,293
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,986
7
Add lines 5 and 6........................
7
94,279
8
Enter qualifying distributions from Part XII, line 4,.............
8
80,340
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 7,972
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 7,972
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 7,972
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,755
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,755
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 6,217
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 ofbulletPNC BANK N A - TAX DEPARTMENT Telephone no.bullet (412) 762-3792

    Located atbullet116 ALLEGHENY CENTER MALL P8-YB35-PITTSBURGHPA ZIP+4bullet152129938
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PNC BANK NA TRUSTEE
    6     		29,215    
    116 Allegheny Center Mall
    Pittsburgh,PA152129938
    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.........................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
    2,179,085
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,179,085
    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
    2,179,085
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    32,686
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,146,399
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    107,320
    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
    107,320
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,972
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,972
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    99,348
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    99,348
    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
    99,348
    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
    80,340
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    80,340
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    80,340
    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 99,348
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 47,202
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 80,340
    a Applied to 2017, but not more than line 2a 47,202
    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..... 33,138
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		66,210
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    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
    ALZHEIMERS RESEARCH FDN
    1230 YORK AVENUE
    NEW YORK,NY100656399     		NONE PC SUPPORT ALZHEIMER RESEARCH 20,085
    DOYLESTOWN HOSPITAL
    595 WEST STATE STREET
    DOYLESTOWN,PA189012554     		NONE PC GENERAL SUPPORT 20,085
    FOREST GROVE PRESBYTERIAN CHURCH
    FOREST GROVE ROAD
    FOREST GROVE,PA189220462     		NONE PC GENERAL SUPPORT 20,085
    DOYLESTOWN FIRE CO NO 1
    68 SHEWELL AVENUE
    DOYLESTOWN,PA189010208     		NONE PC GENERAL SUPPORT 20,085
    Total .................................bullet 3a 80,340
    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 ...........     		         
    4 Dividends and interest from securities....     14 45,354  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 382,498  
    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)..   427,852  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    427,852
    (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 InvestmentsOtherSchedule2
    Name:
    H CLAY & ELEANOR D LARGE FOUNDATION
    EIN:
    23-8012647
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 508,036 481,400
    MUTUAL FUNDS - EQUITY AT COST 1,292,906 1,155,797
    ETF - EQUITY AT COST 229,884 218,387
    ETF - FIXED INCOME      

    TY 2018 OtherDecreasesSchedule
    Name:
    H CLAY & ELEANOR D LARGE FOUNDATION
    EIN:
    23-8012647
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 6


    TY 2018 TaxesSchedule
    Name:
    H CLAY & ELEANOR D LARGE FOUNDATION
    EIN:
    23-8012647
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 50 50   0
    FEDERAL ESTIMATES - INCOME 1,252 0   0
    FEDERAL ESTIMATES - PRINCIPAL 438 0   0