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
R B & PEARL P RICHARDSON TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

81-6010500
B Telephone number (see instructions)

(503) 464-3580
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$4,737,624J 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... 113,251 112,379  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 144,981
b Gross sales price for all assets on line 6a 2,067,714
7 Capital gain net income (from Part IV, line 2)... 144,981
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........ 258,232 257,360  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 57,165 51,449   5,717
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)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,857 2,467   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.......... 62,522 53,916 0 7,217
25 Contributions, gifts, grants paid....... 261,457 261,457
26 Total expenses and disbursements. Add lines 24 and 25 323,979 53,916 0 268,674
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -65,747
b Net investment income (if negative, enter -0-) 203,444
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............. 7,866 2,190 2,190
2 Savings and temporary cash investments......... 144,418 127,756 127,756
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)....... 2,796,387 Click to see attachment2,684,983 2,906,914
c Investments—corporate bonds (attach schedule)....... 1,646,539 Click to see attachment1,746,832 1,697,887
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 34,313   0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,921 Click to see attachment2,877 Click to see attachment2,877
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,631,444 4,564,638 4,737,624
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........ 4,631,444 4,564,638
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)..... 4,631,444 4,564,638
31 Total liabilities and net assets/fund balances (see instructions). 4,631,444 4,564,638
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
4,631,444
2
Enter amount from Part I, line 27a .....................
2
-65,747
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
166
4
Add lines 1, 2, and 3 ..........................
4
4,565,863
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,225
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,564,638
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 3161.764 JOHN HANCOCK II GL ABS RE I   2015-10-06 2018-01-03
b 1958.643 AQR LONG SHORT EQUITY I   2016-10-20 2018-01-19
c 10. BOEING COMPANY   2012-02-23 2018-01-19
d 25. CITIGROUP INC   2014-04-24 2018-01-19
e 20. ECOLAB INC   2013-01-23 2018-01-19
160.72 GLENMEDE SC EQUITY PORT ADV   2014-12-01 2018-01-19
10. MCDONALDS CORP   2015-12-15 2018-01-19
1. THE PRICELINE GROUP INC   2015-12-07 2018-01-19
20. PROCTER & GAMBLE CO   2004-11-15 2018-01-19
25. QUALCOMM INC   2003-04-30 2018-01-19
948.767 T ROWE PRICE INTL GRINC FD   2014-01-09 2018-01-19
35. STARBUCKS CORP   2015-08-11 2018-01-19
25000. JPMORGAN CHASE CO 1.800% 1/25/18   2015-08-05 2018-01-25
33. CARDINAL HEALTH INC   2015-07-10 2018-02-15
34. GENERAL DYNAMICS CORP   2016-05-18 2018-02-15
167.057 GLENMEDE SC EQUITY PORT ADV   2014-12-01 2018-02-15
741. ISHARES MSCI EAFE VALUE INDEX ETF   2016-12-28 2018-02-15
10. MOHAWK INDS INC COM   2015-12-28 2018-02-15
25. NIKE INC. CLASS B   2016-08-12 2018-02-15
32. PRAXAIR INC   2015-07-07 2018-02-15
2. THE PRICELINE GROUP INC   2015-10-06 2018-02-15
100. QUALCOMM INC   2003-04-30 2018-02-15
165.399 ROWE T PRICE MID-CAP VALUE FD INC   2012-12-03 2018-02-15
151.419 NUVEEN INFLATION PRO SEC CL I   2016-07-27 2018-02-26
759.328 NUVEEN INFLATION PRO SEC CL I   2017-06-21 2018-02-26
884.017 CAMBIAR INTL EQUITY FUND INS   2014-01-09 2018-03-02
1677.852 T ROWE PRICE INTL GRINC FD   2014-01-09 2018-03-02
988.794 T ROWE PRICE INTL GRINC FD   2014-01-09 2018-03-13
809.848 ROWE T PRICE MID-CAP VALUE FD INC   2012-11-21 2018-03-13
25. AMERICAN CAMPUS COMMUNITIES   2017-06-21 2018-03-29
184. AMERICAN CAMPUS COMMUNITIES   2017-01-06 2018-03-29
60. CANADIAN NATURAL RESOURCES LTD   2017-05-03 2018-03-29
25. CARDINAL HEALTH INC   2015-07-10 2018-03-29
340.6 GLENMEDE SC EQUITY PORT ADV   2014-12-01 2018-03-29
15. MCDONALDS CORP   2015-12-15 2018-03-29
80. SEMPRA ENERGY COM   2015-08-04 2018-03-29
25. STARBUCKS CORP   2015-08-11 2018-03-29
53.081 VANGUARD MID CAP INDEX-ADM   2015-07-07 2018-03-29
40. VERIZON COMMUNICATIONS   2009-10-15 2018-03-29
33. WELLS FARGO & CO NEW   2004-04-20 2018-03-29
1720.578 NEUBERGER BERMAN LONG SH INS   2014-07-02 2018-04-06
25. APPLE COMPUTER INC   2010-11-23 2018-04-20
47. CANADIAN NATURAL RESOURCES LTD   2017-02-27 2018-04-20
20. WALT DISNEY CO   2014-12-11 2018-04-20
20. LOWES COMPANIES INC   2013-05-08 2018-04-20
25. PPG INDS INC COM   2016-08-12 2018-04-20
24. PEPSICO INC   2015-11-03 2018-04-20
164.114 ROWE T PRICE MID CAP GROWTH FD INC   2012-11-21 2018-04-20
100. VANGUARD GROWTH VIPERS FUND   2017-03-22 2018-04-20
1033.77 NEUBERGER BERMAN LONG SH INS   2014-04-24 2018-05-07
2401.537 AMER CENT DIVERSIFI BOND INS   2015-05-01 2018-05-09
2951.305 GOLDMAN SACHS COMM STRAT INS   2014-01-09 2018-05-14
401.859 GOLDMAN SACHS COMM STRAT INS   2018-05-07 2018-05-14
492. ISHARES MSCI EAFE GROWTH INDEX ETF   2017-03-22 2018-05-14
82.771 VANGUARD 500 IDX ADML   2017-09-14 2018-05-14
8. BOEING COMPANY   2012-02-23 2018-05-17
93. CANADIAN NATURAL RESOURCES LTD   2017-02-27 2018-05-17
185. CANADIAN NATURAL RESOURCES LTD   2017-06-21 2018-05-17
75. CARDINAL HEALTH INC   2015-07-10 2018-05-17
50. CELGENE CORPORATION COM   2018-02-15 2018-05-17
99. EOG RES INC COM   2017-09-27 2018-05-17
100. ISHARES MSCI EAFE GROWTH INDEX ETF   2017-03-22 2018-05-17
25. PROCTER & GAMBLE CO   2004-11-15 2018-05-17
273.015 ROWE T PRICE MID CAP GROWTH FD INC   2017-05-03 2018-05-17
2417.795 AMER CENT DIVERSIFI BOND INS   2015-05-01 2018-05-18
1424.501 BAIRD AGGREGATE BOND FD INSTL   2017-06-21 2018-05-25
681.199 NEUBERGER BERMAN LONG SH INS   2014-04-24 2018-05-25
1425.856 BAIRD AGGREGATE BOND FD INSTL   2017-06-21 2018-06-08
1140.684 BAIRD AGGREGATE BOND FD INSTL   2017-08-02 2018-06-27
345.85 FEDERATED INST HI YLD BD FD   2017-10-18 2018-06-27
681.899 FEDERATED INST HI YLD BD FD   2016-08-12 2018-06-27
870.07 TCW EMERGING MARKETS INCOME FUND   2017-10-18 2018-06-27
4833.352 TCW EMERGING MARKETS INCOME FUND   2014-02-14 2018-06-27
2401.537 AMER CENT DIVERSIFI BOND INS   2015-06-10 2018-07-05
1063.201 FIDELITY INVT TR AD INTL DISCI   2014-09-24 2018-07-05
78.352 FIDELITY INVT TR AD INTL DISCI   2018-02-09 2018-07-05
25. ABBVIE INC   2014-12-01 2018-07-10
2399.232 AMER CENT DIVERSIFI BOND INS   2015-06-10 2018-07-10
15. APPLE COMPUTER INC   2008-09-29 2018-07-10
10. COSTCO WHSL CORP NEW   2015-10-06 2018-07-10
25. WALT DISNEY CO   2014-12-11 2018-07-10
25. EXXON MOBIL CORP   2002-08-15 2018-07-10
17. FACEBOOK INC A   2016-05-06 2018-07-10
32. MARATHON PETROLEUM CORP   2016-09-16 2018-07-10
20. MASTERCARD INC   2012-12-18 2018-07-10
20. MCDONALDS CORP   2016-01-14 2018-07-10
25. NIKE INC. CLASS B   2014-07-02 2018-07-10
15. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010   2015-08-04 2018-07-10
50. PFIZER INC COM   2006-04-04 2018-07-10
1375.516 T ROWE PRICE INTL GRINC FD   2014-01-09 2018-07-10
1233.045 CALVERT SHORT DURATION INCOME I   2017-08-02 2018-07-17
333.371 CALVERT SHORT DURATION INCOME I   2016-08-15 2018-07-17
3113.325 TCW EMERGING MARKETS INCOME FUND   2014-02-14 2018-07-17
215. ISHARES MSCI EAFE GROWTH INDEX ETF   2017-05-17 2018-07-23
3770.483 T ROWE PRICE INTL GRINC FD   2014-01-09 2018-07-23
310.656 GLENMEDE SC EQUITY PORT ADV   2014-12-01 2018-08-13
74.817 VANGUARD MID CAP INDEX-ADM   2015-07-07 2018-08-13
727.449 NUVEEN REAL ESTATE SECS I   2014-09-24 2018-08-16
320.205 ROWE T PRICE MID-CAP VALUE FD INC   2012-11-21 2018-08-16
20. ABBVIE INC   2014-12-01 2018-08-20
15. APPLE COMPUTER INC   2008-09-29 2018-08-20
20. CITIGROUP INC   2014-04-24 2018-08-20
10. COSTCO WHSL CORP NEW   2017-08-02 2018-08-20
25. DELTA AIR LINES INC   2017-06-21 2018-08-20
15. LOWES COMPANIES INC   2013-05-08 2018-08-20
15. MASTERCARD INC   2012-12-18 2018-08-20
10. PEPSICO INC   2015-11-03 2018-08-20
3176.62 TCW EMERGING MARKETS INCOME FUND   2014-02-14 2018-08-20
25. WELLS FARGO & CO NEW   2004-04-20 2018-08-20
45. CIGNA CORP COM   2015-06-10 2018-09-07
11. CIGNA CORP COM   2018-05-17 2018-09-07
43. EXXON MOBIL CORP   2002-08-15 2018-09-07
150. GENERAL ELEC CO   2018-01-19 2018-09-07
700. GENERAL ELEC CO   2009-06-29 2018-09-07
50. MARATHON PETROLEUM CORP   2016-09-26 2018-09-07
7146.673 TCW EMERGING MARKETS INCOME FUND   2014-02-14 2018-09-07
50. WELLS FARGO & CO NEW   2004-04-20 2018-09-07
2. ALPHABET INC CL C   2015-11-09 2018-09-13
11. APPLE COMPUTER INC   2008-09-29 2018-09-13
1299.781 BAIRD AGGREGATE BOND FD INSTL   2016-08-01 2018-09-13
126.075 BAIRD AGGREGATE BOND FD INSTL   2017-10-18 2018-09-13
1. BOOKING HOLDINGS INC   2015-09-04 2018-09-13
627.353 CALVERT SHORT DURATION INCOME I   2016-07-13 2018-09-13
50. CISCO SYS INC   2015-02-19 2018-09-13
50. INTEL CORP COM   2017-08-17 2018-09-13
21. STARBUCKS CORP   2015-08-11 2018-09-13
117. WELLS FARGO & CO NEW   2003-02-19 2018-09-13
35. CVS CORP COM   2012-08-22 2018-09-18
2399.232 BAIRD AGGREGATE BOND FD INSTL   2016-05-10 2018-10-05
2436.647 AMER CENT DIVERSIFI BOND INS   2015-06-10 2018-10-15
1210.654 FIDELITY INVT TR AD INTL DISCI   2014-09-24 2018-10-15
667. ISHARES MSCI EAFE GROWTH INDEX ETF   2017-03-22 2018-10-15
81.682 ROWE T PRICE MID CAP GROWTH FD INC   2017-06-21 2018-10-15
2399.233 BAIRD AGGREGATE BOND FD INSTL   2015-11-03 2018-10-25
1443.696 BAIRD AGGREGATE BOND FD INSTL   2015-11-03 2018-10-31
13. PRAXAIR INC   2015-08-04 2018-10-31
7. PRAXAIR INC   2015-09-15 2018-10-31
15. PRAXAIR INC   2015-09-23 2018-10-31
10. PRAXAIR INC   2015-12-15 2018-10-31
10. PRAXAIR INC   2016-01-14 2018-10-31
10. PRAXAIR INC   2016-01-26 2018-10-31
75000. U S TREASURY NT 1.750% 10/31/18   2018-01-02 2018-10-31
961.539 BAIRD AGGREGATE BOND FD INSTL   2016-01-14 2018-11-21
178. CVS CORP COM   2012-08-22 2018-11-21
1275.51 FIDELITY INVT TR AD INTL DISCI   2014-09-24 2018-11-21
878.426 GLENMEDE SC EQUITY PORT ADV   2014-12-01 2018-11-21
56. HORMEL FOODS CORPORATIONCOM   2018-05-17 2018-11-21
25. J P MORGAN CHASE & CO   2009-08-07 2018-11-21
10. MCDONALDS CORP   2016-01-14 2018-11-21
20. MOHAWK INDS INC COM   2015-12-28 2018-11-21
25. PNC FINL SVCS GROUP INC COM W/RIGHTS ATTACHED EXP 5/25/2010   2015-08-04 2018-11-21
52. VERIZON COMMUNICATIONS   2009-10-15 2018-11-21
25000. ATT INC 2.375% 11/27/18   2016-12-05 2018-11-27
1. BOOKING HOLDINGS INC   2015-09-04 2018-12-04
1530.612 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2013-05-08 2018-12-04
1356.238 NUVEEN CORE PLUS BOND I   2017-10-18 2018-12-04
1210.429 NUVEEN CORE PLUS BOND I   2018-04-06 2018-12-04
75. ACCENTURE PLC CL A   2015-12-07 2018-12-04
20. MEDTRONIC PLC   2015-01-27 2018-12-04
65. LINDE PLC   2015-08-04 2018-12-05
25000. AETNA INC 2.750% 11/15/22   2017-11-14 2018-12-06
976.563 AMER CENT DIVERSIFI BOND INS   2015-06-10 2018-12-06
1436.782 BAIRD AGGREGATE BOND FD INSTL   2015-12-07 2018-12-06
2288.33 PRUDENTIAL SHORT DURATION HIGH YIELD   2015-08-05 2018-12-06
628.931 ROBECO BOSTON PARTNERS L S RSRCH   2016-09-30 2018-12-06
192.9026 VANGUARD REIT ETF   2016-08-12 2018-12-06
107.0974 VANGUARD REIT ETF   2016-08-15 2018-12-06
50. VANGUARD REIT ETF   2018-01-04 2018-12-06
150. VANGUARD REIT ETF   2016-08-26 2018-12-07
633.312 CALVERT SHORT DURATION INCOME I   2015-08-04 2018-12-10
2318.393 INV BALANCE RISK COMM STR Y   2018-05-14 2018-12-11
50. BANK OF AMERICA CORP   2015-05-01 2018-12-11
3. BOOKING HOLDINGS INC   2015-09-04 2018-12-11
35. VERIZON COMMUNICATIONS   2008-10-10 2018-12-11
25000. JPMORGAN CHASE CO 2.400% 6/07/21   2017-06-23 2018-12-13
34. HORMEL FOODS CORPORATIONCOM   2018-04-20 2018-12-14
10. MCDONALDS CORP   2015-12-08 2018-12-14
1770.538 NEUBERGER BERMAN LONG SH INS   2014-04-24 2018-12-14
1191.97 NUVEEN PREFERRED SECURITIES FUND   2018-01-19 2018-12-14
25. PFIZER INC COM   2006-04-04 2018-12-14
1096.491 FEDERATED INST HI YLD BD FD   2016-08-05 2018-12-26
25. RAYTHEON COMPANY   2018-02-15 2018-12-26
35. VERIZON COMMUNICATIONS   2008-10-10 2018-12-26
692.713 FIDELITY INVT TR AD INTL DISCI   2014-12-01 2018-12-27
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 33,388   34,313 -925
b 28,479   25,000 3,479
c 3,367   758 2,609
d 1,943   1,214 729
e 2,790   1,470 1,320
5,072   4,176 896
1,756   1,177 579
1,906   1,299 607
1,810   1,106 704
1,698   353 1,345
15,057   14,668 389
2,142   1,974 168
25,000   25,020 -20
2,240   2,825 -585
7,616   4,789 2,827
5,052   4,340 712
41,322   35,564 5,758
2,519   1,897 622
1,697   1,393 304
4,929   3,778 1,151
3,713   2,545 1,168
6,417   1,410 5,007
5,068   4,137 931
1,664   1,735 -71
8,345   8,500 -155
24,912   22,387 2,525
25,000   25,940 -940
14,931   15,287 -356
24,968   20,176 4,792
959   1,201 -242
7,060   8,880 -1,820
1,867   1,907 -40
1,560   2,140 -580
10,146   8,849 1,297
2,389   1,755 634
8,882   7,906 976
1,449   1,410 39
10,136   8,457 1,679
1,904   1,092 812
1,733   926 807
24,759   22,333 2,426
4,141   1,105 3,036
1,656   1,363 293
2,004   1,843 161
1,673   816 857
2,726   2,625 101
2,463   2,433 30
14,952   9,615 5,337
14,323   12,071 2,252
14,979   13,418 1,561
24,952   26,249 -1,297
37,570   63,862 -26,292
5,116   5,059 57
40,555   34,795 5,760
20,906   20,000 906
2,722   607 2,115
3,453   2,809 644
6,870   5,555 1,315
4,079   6,101 -2,022
4,037   4,849 -812
12,091   9,625 2,466
8,203   6,891 1,312
1,837   1,362 475
25,027   22,720 2,307
25,048   26,289 -1,241
15,000   15,591 -591
9,993   8,658 1,335
15,000   15,583 -583
12,023   12,451 -428
3,358   3,500 -142
6,621   6,712 -91
6,874   7,500 -626
38,183   40,627 -2,444
25,000   25,828 -828
46,728   42,688 4,040
3,444   3,500 -56
2,457   1,731 726
25,000   25,720 -720
2,858   464 2,394
2,111   1,501 610
2,645   2,303 342
2,088   929 1,159
3,440   2,049 1,391
2,307   1,381 926
4,027   988 3,039
3,211   2,333 878
1,938   1,184 754
2,057   1,471 586
1,864   1,255 609
20,014   21,265 -1,251
19,679   20,000 -321
5,321   5,424 -103
24,938   25,996 -1,058
17,237   15,970 1,267
54,446   58,292 -3,846
9,866   8,071 1,795
14,921   11,884 3,037
15,116   16,266 -1,150
10,080   7,877 2,203
1,968   1,385 583
3,234   235 2,999
1,409   971 438
2,274   1,615 659
1,435   1,308 127
1,482   612 870
3,060   741 2,319
1,149   1,005 144
25,032   26,525 -1,493
1,472   701 771
8,420   6,242 2,178
2,058   1,956 102
3,497   1,597 1,900
1,842   2,475 -633
8,596   11,875 -3,279
4,102   2,391 1,711
55,744   58,653 -2,909
2,872   1,403 1,469
2,342   1,447 895
2,488   173 2,315
13,674   14,463 -789
1,326   1,375 -49
1,888   1,229 659
10,000   10,197 -197
2,353   1,466 887
2,273   1,767 506
1,152   1,183 -31
6,452   3,087 3,365
2,750   2,188 562
24,880   26,482 -1,602
24,976   26,121 -1,145
49,879   47,555 2,324
49,551   47,331 2,220
7,516   7,050 466
24,904   26,223 -1,319
14,957   15,457 -500
2,125   1,476 649
1,144   741 403
2,452   1,509 943
1,635   1,064 571
1,635   995 640
1,635   980 655
75,000   74,931 69
10,000   10,279 -279
13,391   8,138 5,253
50,523   50,074 449
25,272   22,822 2,450
2,545   2,041 504
2,706   1,072 1,634
1,831   1,167 664
2,529   3,660 -1,131
3,335   2,452 883
3,080   1,419 1,661
25,000   25,203 -203
1,861   1,229 632
14,954   16,163 -1,209
14,200   15,000 -800
12,673   13,000 -327
12,381   7,849 4,532
1,937   1,539 398
10,559   10,625 -66
23,713   24,866 -1,153
10,010   10,469 -459
15,029   15,359 -330
19,908   21,050 -1,142
9,943   9,509 434
15,480   17,084 -1,604
8,594   9,421 -827
4,012   4,059 -47
12,434   12,675 -241
9,994   10,255 -261
15,070   16,855 -1,785
1,255   807 448
5,532   3,688 1,844
2,061   893 1,168
24,308   25,098 -790
1,513   1,222 291
1,834   1,165 669
24,752   22,504 2,248
19,000   20,900 -1,900
1,090   627 463
9,978   10,728 -750
3,643   5,398 -1,755
1,873   874 999
24,924   27,189 -2,265
      60,961
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       -925
b       3,479
c       2,609
d       729
e       1,320
      896
      579
      607
      704
      1,345
      389
      168
      -20
      -585
      2,827
      712
      5,758
      622
      304
      1,151
      1,168
      5,007
      931
      -71
      -155
      2,525
      -940
      -356
      4,792
      -242
      -1,820
      -40
      -580
      1,297
      634
      976
      39
      1,679
      812
      807
      2,426
      3,036
      293
      161
      857
      101
      30
      5,337
      2,252
      1,561
      -1,297
      -26,292
      57
      5,760
      906
      2,115
      644
      1,315
      -2,022
      -812
      2,466
      1,312
      475
      2,307
      -1,241
      -591
      1,335
      -583
      -428
      -142
      -91
      -626
      -2,444
      -828
      4,040
      -56
      726
      -720
      2,394
      610
      342
      1,159
      1,391
      926
      3,039
      878
      754
      586
      609
      -1,251
      -321
      -103
      -1,058
      1,267
      -3,846
      1,795
      3,037
      -1,150
      2,203
      583
      2,999
      438
      659
      127
      870
      2,319
      144
      -1,493
      771
      2,178
      102
      1,900
      -633
      -3,279
      1,711
      -2,909
      1,469
      895
      2,315
      -789
      -49
      659
      -197
      887
      506
      -31
      3,365
      562
      -1,602
      -1,145
      2,324
      2,220
      466
      -1,319
      -500
      649
      403
      943
      571
      640
      655
      69
      -279
      5,253
      449
      2,450
      504
      1,634
      664
      -1,131
      883
      1,661
      -203
      632
      -1,209
      -800
      -327
      4,532
      398
      -66
      -1,153
      -459
      -330
      -1,142
      434
      -1,604
      -827
      -47
      -241
      -261
      -1,785
      448
      1,844
      1,168
      -790
      291
      669
      2,248
      -1,900
      463
      -750
      -1,755
      999
      -2,265
       
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 2 144,981
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 265,478 5,209,993 0.050956
2016 251,769 4,959,784 0.050762
2015 271,429 5,312,938 0.051088
2014 280,172 5,599,986 0.050031
2013 272,073 5,405,875 0.050329
2
Total of line 1, column (d) .....................
2
0.253166
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
0.050633
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,216,128
5
Multiply line 4 by line 3......................
5
264,108
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,034
7
Add lines 5 and 6........................
7
266,142
8
Enter qualifying distributions from Part XII, line 4,.............
8
268,674
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 2,034
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 2,034
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 2,034
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,348
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 1,348
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 9 686
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)
    bulletMT
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580

    Located atbullet555 SW OAK STPORTLANDOR ZIP+4bullet97204
    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
    US BANK TRUSTEE
    1     		57,165    
    PO BOX 3168
    PORTLAND,OR97208
    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
    5,106,147
    b
    Average of monthly cash balances.......................
    1b
    189,414
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,295,561
    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
    5,295,561
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    79,433
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,216,128
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    260,806
    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
    260,806
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,034
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,034
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    258,772
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    258,772
    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
    258,772
    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
    268,674
    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
    268,674
    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
    2,034
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    266,640
    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 7 258,772
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 9,469
    b From 2014...... 13,127
    c From 2015...... 8,262
    d From 2016...... 5,085
    e From 2017...... 7,672
    fTotal of lines 3a through e........ 43,615
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 268,674
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 258,772
    e Remaining amount distributed out of corpus 9,902
    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 53,517
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		9,469
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		44,048
    10 Analysis of line 9:
    a Excess from 2014.... 13,127
    b Excess from 2015.... 8,262
    c Excess from 2016.... 5,085
    d Excess from 2017.... 7,672
    e Excess from 2018.... 9,902
    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).)
    NONE
    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.
    NONE
    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
    SHRINERS HOSPITALS FOR CHILDREN
    PO BOX 31356
    TAMPA,FL33631     		NONE PC GENERAL OPERATING 26,146
    BUFFALO HART PRESBYTERIAN CHURCH
    7442 ROLLING OAKS DRIVE
    RIVERTON,IL62561     		NONE PC GENERAL OPERATING 26,146
    REGENTS OF UNIVERSITY OF MICHIGAN
    3003 S STATE ST
    ANN ARBOR,MI481091288     		NONE PC GENERAL OPERATING 26,146
    PEO FOUNDATION
    3003 S STATE ST - 9000 WOLVERINE TW
    DES MOINES,IA50312     		NONE PC GENERAL OPERATING 17,430
    SHODAIR CHILDREN'S HOSPITAL
    PO BOX 5539
    HELENA,MT596045539     		NONE PC GENERAL OPERATING 26,146
    ROCKY MOUNTAIN COLLEGE
    1511 POLY DRIVE
    BILLINGS,MT59102     		NONE PC GENERAL OPERATING 17,430
    FIRST PRESBYTERIAN CHURCH HELENA
    535 N EWING
    HELENA,MT59601     		NONE PC GENERAL OPERATING 52,291
    ST PETER'S COMMUNITY HOSPITAL FDN
    2475 BROADWAY
    HELENA,MT59601     		NONE PC GENERAL OPERATING 26,146
    WHITWORTH UNIVERSITY
    300 WEST HAWTHORNE ROAD
    SPOKANE,WA992512515     		NONE PC GENERAL OPERATING 17,430
    STANFORD UNIVERSITY
    STANFORD FUND ACCOUNTING
    PALO ALTO,CA94304     		NONE PC GENERAL OPERATING 26,146
    Total .................................bullet 3a 261,457
    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....     14 113,251  
    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 ............     		    18 144,981  
    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)..   258,232  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    258,232
    (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:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Name of Bond End of Year Book Value End of Year Fair Market Value
    277923728 EATON VANCE GLOBAL M 80,000 74,337
    00206RCA8 ATT INC    
    057071854 BAIRD AGGREGATE BOND 36,736 36,200
    63872T620 LOOMIS SAYLES STRATE 190,169 178,417
    94974BFQ8 WELLS FARGO CO 25,134 24,993
    46625HRT9 JPMORGAN CHASE CO    
    13161T401 CALVERT SHORT DURATI 61,624 60,461
    74442J307 PRUDENTIAL SHORT DUR    
    008117AP8 AETNA INC    
    670678622 NUVEEN CORE PLUS BON    
    1404206L9 CAPITAL ONE BANK C D 24,900 24,082
    670700400 NUVEEN PREFERRED SEC 52,100 47,896
    172967KK6 CITIGROUP INC 25,133 24,629
    87234N765 TCW EMERGING MARKETS    
    68381K606 OPPENHEIMER SENIOR F 157,505 146,464
    92343VCN2 VERIZON COMM INC 25,368 24,875
    46625HJG6 JPMORGAN CHASE CO    
    670690387 NUVEEN INFLATION PRO 151,300 147,323
    31420B300 FEDERATED INST HI YL 5,059 4,767
    024932600 AMER CENT DIVERSIFI 13,098 12,633
    912828KQ2 U S TREASURY NT 50,174 50,112
    278642AC7 EBAY INC 50,246 49,954
    05581WXP5 BMO HARRIS BK C D 25,000 24,975
    949763RJ7 WELLS FARGO BANK C D 15,000 14,983
    949763SE7 WELLS FARGO BANK C D 50,000 49,922
    72369L107 PIONEER ILS INTERVAL 25,000 24,828
    9128284Q0 U S TREASURY NT 49,803 49,955
    912828MP2 U S TREASURY NT 30,323 30,326
    912828KD1 U S TREASURY NT 100,569 100,042
    912828LY4 U S TREASURY NT 50,336 50,301
    88224PKK4 TEXAS CAPITAL C D 25,000 24,968
    912828Y46 U S TREASURY NT 49,980 50,061
    74442J406 PRUDENTIAL SHORT DUR 127,294 120,493
    9128284J6 U S TREASURY NT 99,673 99,734
    06051GFD6 BANK OF AMERICA CORP 25,017 24,974
    17325FAN8 CITIBANK NA 49,955 49,937
    38148PS32 GOLDMAN SACHS C D 25,000 24,944
    U S TREASURY NT 3.375% 11 50,336 50,301

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Name of Stock End of Year Book Value End of Year Fair Market Value
    14149Y108 CARDINAL HEALTH INC    
    91324P102 UNITED HEALTH GROUP 18,657 23,417
    92343V104 VERIZON COMMUNICATIO 2,073 4,666
    172967424 CITIGROUP INC 9,374 10,048
    921921300 VANGUARD EQUITY INCO 48,000 48,324
    922908710 VANGUARD 500 INDEX A    
    00769G543 CAMBIAR INTL EQUITY 86,500 79,723
    315910620 FIDELITY INVT TR AD 56,134 52,854
    478160104 JOHNSON JOHNSON 10,839 23,487
    580135101 MCDONALDS CORP 8,062 12,430
    717081103 PFIZER INC 11,002 19,206
    594918104 MICROSOFT CORP 15,945 43,167
    747525103 QUALCOMM INC    
    855244109 STARBUCKS CORP 9,980 11,785
    22160K105 COSTCO WHSL CORP 16,050 21,593
    G1151C101 ACCENTURE PLC CL A    
    46434G103 ISHARES CORE MSCI EM 37,898 38,239
    00287Y109 ABBVIE INC 15,629 22,126
    922908736 VANGUARD GROWTH VIPE 50,817 51,717
    56585A102 MARATHON PETROLEUM C 13,342 17,408
    378690606 GLENMEDE SC EQUITY P 88,619 72,894
    670678507 NUVEEN REAL ESTATE S 205,580 193,940
    06828M876 BARON EMERGING MARKE 60,000 52,522
    00888Y508 INV BALANCE RISK COM 58,145 50,976
    38143H381 GOLDMAN SACHS COMM S    
    037833100 APPLE INC 4,709 47,322
    458140100 INTEL CORP 11,353 16,426
    26875P101 E O G RES INC    
    30231G102 EXXON MOBIL CORP 7,910 15,820
    02079K107 ALPHABET INC CL C 7,225 10,356
    922908553 VANGUARD REIT ETF 21,351 19,388
    369604103 GENERAL ELECTRIC CO    
    097023105 BOEING CO 4,398 18,705
    913017109 UNITED TECHNOLOGIES 6,215 14,588
    060505104 BANK OF AMERICA CORP 10,001 15,277
    02079K305 ALPHABET INC CL A 13,128 20,899
    741503403 THE PRICELINE GROUP    
    922908686 VANGUARD SMALL CAP I 55,000 55,710
    77956H849 T ROWE PRICE INTL GR    
    149498107 CAUSEWAY EMERGING MA 161,732 164,647
    369550108 GENERAL DYNAMICS COR    
    654106103 NIKE INC 5,459 10,380
    125509109 CIGNA CORP    
    278865100 ECOLAB INC 5,244 5,894
    17275R102 CISCO SYSTEMS INC 14,715 22,532
    808513105 SCHWAB CHARLES CORP 10,390 15,408
    74005P104 PRAXAIR INC    
    78462F103 SPDR S P 500 ETF 80,506 83,723
    816851109 SEMPRA ENERGY    
    57636Q104 MASTERCARD INC 10,132 38,673
    30303M102 FACEBOOK INC A 21,537 21,499
    46625H100 J P MORGAN CHASE CO 12,419 29,774
    46432F842 ISHARES CORE MSCI EA 99,107 94,325
    00206R102 ATT INC 10,303 8,248
    024835100 AMERICAN CAMPUS COMM    
    779556109 ROWE T PRICE MID-CAP 57,593 73,815
    77957Y106 T ROWE PRICE MID CAP 87,011 79,850
    922908645 VANGUARD MID-CAP IND 95,659 107,854
    19765N245 COLUMBIA FDS SER DIV 71,834 69,235
    254687106 DISNEY WALT CO 11,157 14,035
    713448108 PEPSICO INC 10,075 11,269
    742718109 PROCTER GAMBLE CO 7,820 13,788
    03027X100 AMERICAN TOWER CORP 12,051 21,514
    81762P102 SERVICENOW INC 5,434 9,793
    136385101 CANADIAN NATURAL RES    
    247361702 DELTA AIR LINES INC 17,723 18,064
    931142103 WAL MART STORES INC 12,198 16,022
    126650100 CVS HEALTH CORPORATI    
    548661107 LOWES CO INC 6,976 15,794
    608190104 MOHAWK INDS INC CO    
    09062X103 BIOGEN, INC 15,508 16,551
    H1467J104 CHUBB LTD 10,043 14,856
    464288877 ISHARES MSCI EAFE VA 125,452 117,075
    464288885 ISHARES MSCI EAFE GR    
    64128R608 NEUBERGER BERMAN LON 42,092 42,622
    74925K581 ROBECO BOSTON PARTNE 232,264 249,239
    693506107 P P G INDS INC 10,170 10,223
    806857108 SCHLUMBERGER LTD 4,312 5,773
    023135106 AMAZON.COM INC 31,334 43,557
    949746101 WELLS FARGO CO    
    G5960L103 MEDTRONIC PLC 17,006 20,102
    88579Y101 3M CO 9,525 12,576
    00203H446 AQR LONG SHORT EQUIT    
    693475105 P N C FINANCIAL SERV 12,225 15,783
    440452100 HORMEL FOODS CORP 6,503 8,067
    89353D107 TRANSCANADA CORP 9,382 8,033
    701877102 PARSLEY ENERGY INC-C 20,166 9,908
    464287408 ISHARES SP 500 VALUE 51,663 47,131
    14949P208 CAUSEWAY INTERNATL V 117,500 99,826
    70450Y103 PAYPAL HOLDINGS INC 11,032 11,520
    852234103 SQUARE INC A 4,642 4,095
    755111507 RAYTHEON COMPANY 15,330 11,501
    055622104 BP PLC SPONS A D R 3,761 3,792
    412295107 HARDING LOEVNER INTL 125,000 104,884
    848637104 SPLUNK INC 4,667 4,509
    09247X101 BLACKROCK INC 14,395 14,142

    TY 2018 InvestmentsOtherSchedule2
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    47804M878 JOHN HANCOCK II GL A      

    TY 2018 OtherAssetsSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME 1,921 2,877 2,877


    TY 2018 OtherDecreasesSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Description Amount
    VANGUARD REIT ADJUSTMENT 381
    PURCHASE OF ACCRUED INTEREST SUBTRACTION 844


    TY 2018 OtherIncreasesSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Description Amount
    PY ACCRUED INC ADJ 1
    PURCHASE ACCRUED INTEREST ADDITIONS 165


    TY 2018 TaxesSchedule
    Name:
    R B & PEARL P RICHARDSON TRUST
    EIN:
    81-6010500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,123 2,123   0
    FEDERAL TAX PAYMENT - PRIOR YE 42 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,348 0   0
    FOREIGN TAXES ON NONQUALIFIED 344 344   0