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
W B MUNSON FOUNDATION XXXXX5008
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

75-6015068
B Telephone number (see instructions)

(800) 496-2583
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$7,520,176J 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... 173,991 170,214  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 291,275
b Gross sales price for all assets on line 6a 2,345,406
7 Capital gain net income (from Part IV, line 2)... 291,275
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)....... Click to see attachment 69,588 69,588  
12 Total. Add lines 1 through 11........ 534,854 531,077  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 58,908 35,345   23,563
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 32,568 4,334   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)....... Click to see attachment 8,528 8,528    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100,004 48,207 0 23,563
25 Contributions, gifts, grants paid....... 364,650 364,650
26 Total expenses and disbursements. Add lines 24 and 25 464,654 48,207 0 388,213
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 70,200
b Net investment income (if negative, enter -0-) 482,870
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............. 216,326 177,004 177,004
2 Savings and temporary cash investments......... 212,037 156,087 156,087
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)....... 3,568,581 Click to see attachment3,801,786 3,755,661
c Investments—corporate bonds (attach schedule)....... 2,010,123 Click to see attachment1,955,408 1,880,298
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,489,688 Click to see attachment1,479,696 1,367,946
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment13 Click to see attachment13 Click to see attachment183,180
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,496,768 7,569,994 7,520,176
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........ 7,496,768 7,569,994
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)..... 7,496,768 7,569,994
31 Total liabilities and net assets/fund balances (see instructions). 7,496,768 7,569,994
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
7,496,768
2
Enter amount from Part I, line 27a .....................
2
70,200
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5,619
4
Add lines 1, 2, and 3 ..........................
4
7,572,587
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,593
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,569,994
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 25000. US TREAS 3.125% 05/15/21   2016-04-21 2018-01-04
b 5000. GOLDMAN SACHS GROUP INC 5 3/4% JAN 24 2022   2017-04-10 2018-01-05
c 1476.88 AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 13-3 CL D 3.000% 07/0   2017-02-16 2018-01-08
d 5662. XTRACKERS MSCI EUROPE HEDGED EQUITY ETF.   2015-08-25 2018-01-11
e 263.44 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-01-16
172.32 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-01-16
639.9 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-01-16
211.18 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-01-16
417.43 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-01-16
213.77 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-01-16
157.55 FREDDIE MAC   2009-10-19 2018-01-16
191.11 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-01-16
275.43 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-01-16
453.77 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-01-16
234.3 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-01-16
344.41 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-01-16
145.19 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-01-16
382.45 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-01-16
76.31 FREDDIE MAC     2018-01-16
319.66 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-01-16
329.83 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-01-16
158.95 GNMA 700789 6% 10/15/23   2012-08-22 2018-01-16
2391.07 SANTANDER DRIVE AUTO RECEIVABL 2015-5 CL B 1.960% 05/15/2020   2017-02-16 2018-01-16
5000. ATLANTA GA WTR & WSTWTR REVENU REF 5.000   2015-04-07 2018-01-17
608.39 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-01-22
448.1 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-01-22
773.83 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-01-25
488.97 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-01-25
882.01 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-01-25
1109.47 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-01-25
871.42 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-01-25
1136.94 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-01-25
472.75 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-01-25
169.32 FANNIE MAE   2009-10-26 2018-01-25
300.62 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-01-25
322.01 FNMA 852534 5% 01/01/21   2014-11-04 2018-01-25
.05 FEDERAL NATL MTG ASSN GTD REMIC PASS   2010-03-03 2018-01-29
5692.993 MATTHEWS ASIA DIVIDEND-INS   2015-12-08 2018-01-29
17190.56 AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 13-3 CL D 3.000% 07/   2017-02-16 2018-02-08
400. DEUTSCHE X-TRACKERS MSCI JAP   2017-10-24 2018-02-12
372. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-02-13
528. DEUTSCHE X-TRACKERS MSCI JAP     2018-02-13
463. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-02-14
200. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-02-14
258.49 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-02-15
783.97 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-02-15
358.32 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-02-15
186.49 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-02-15
391.44 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-02-15
194.48 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-02-15
179.04 FREDDIE MAC   2009-10-19 2018-02-15
312.23 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-02-15
1887. FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-02-15
212.53 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-02-15
179.03 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-02-15
340.02 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-02-15
131.57 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-02-15
400.54 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-02-15
74.53 FREDDIE MAC     2018-02-15
393.83 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-02-15
289.76 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-02-15
159.68 GNMA 700789 6% 10/15/23   2012-08-22 2018-02-15
2202.79 SANTANDER DRIVE AUTO RECEIVABL 2015-5 CL B 1.960% 05/15/2020   2017-02-16 2018-02-15
550.82 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-02-20
380.86 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-02-20
990.23 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-02-26
505.72 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-02-26
834.16 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-02-26
1084.12 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-02-26
267.7 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-02-26
1065.71 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-02-26
1169.66 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-02-26
168.93 FANNIE MAE   2009-10-26 2018-02-26
371.47 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-02-26
322.21 FNMA 852534 5% 01/01/21   2014-11-04 2018-02-26
70000. FHLMC 0.875% 03/07/2018 DTD 01/17/2013   2013-08-13 2018-03-07
259.44 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-03-15
163.81 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-03-15
453.22 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-03-15
210.38 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-03-15
436.96 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-03-15
180.03 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-03-15
152.61 FREDDIE MAC   2009-10-19 2018-03-15
249.17 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-03-15
215.08 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-03-15
367.24 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-03-15
191.88 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-03-15
282.79 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-03-15
111.55 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-03-15
378.53 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-03-15
15.13 FREDDIE MAC     2018-03-15
330.56 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-03-15
274.65 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-03-15
160.55 GNMA 700789 6% 10/15/23   2012-08-22 2018-03-15
2118.25 SANTANDER DRIVE AUTO RECEIVABL 2015-5 CL B 1.960% 05/15/2020   2017-02-16 2018-03-15
1196. SPDR GOLD TRUST     2018-03-19
603. SPDR GOLD TRUST   2017-08-22 2018-03-19
551.61 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-03-20
393.36 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-03-20
5000. VERIZON COMMUNICATIONS NON-TRADEABLE ASSET   2017-07-14 2018-03-21
671.63 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-03-26
380.96 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-03-26
775.64 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-03-26
1059.33 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-03-26
624.51 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-03-26
1037.11 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-03-26
405.19 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-03-26
148.81 FANNIE MAE   2009-10-26 2018-03-26
280.26 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-03-26
327.21 FNMA 852534 5% 01/01/21   2014-11-04 2018-03-26
260.4 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-04-16
164.86 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-04-16
450.67 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-04-16
209.73 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-04-16
408.84 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-04-16
293.89 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-04-16
147.8 FREDDIE MAC   2009-10-19 2018-04-16
616.18 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-04-16
216.88 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-04-16
352.01 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-04-16
243.87 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-04-16
254.22 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-04-16
120.84 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-04-16
356.88 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-04-16
133.1 FREDDIE MAC     2018-04-16
480.11 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-04-16
209.66 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-04-16
161.26 GNMA 700789 6% 10/15/23   2012-08-22 2018-04-16
2187.56 SANTANDER DRIVE AUTO RECEIVABL 2015-5 CL B 1.960% 05/15/2020   2017-02-16 2018-04-16
4000. INTEL CORP 2.450% 07/29/2020 DTD 07/29/2015   2015-07-22 2018-04-17
575.32 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-04-20
352.84 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-04-20
930.98 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-04-25
409.65 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-04-25
826. FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-04-25
1035.09 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-04-25
563.14 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-04-25
1067.86 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-04-25
1211.66 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-04-25
139.43 FANNIE MAE   2009-10-26 2018-04-25
394.46 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-04-25
326.12 FNMA 852534 5% 01/01/21   2014-11-04 2018-04-25
5000. BIOGEN INC 2.900% 09/15/2020 DTD 09/15/2015   2017-04-11 2018-04-26
6000. GOLDMAN SACHS GROUP INC 2.600% 04/23/2020 DTD 01/23/2015   2015-01-20 2018-04-26
300.6 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-05-15
165.43 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-05-15
211.62 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-05-15
215.59 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-05-15
370.34 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-05-15
232.63 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-05-15
155.63 FREDDIE MAC   2009-10-19 2018-05-15
190.15 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-05-15
218.6 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-05-15
216.73 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-05-15
182.71 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-05-15
239.31 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-05-15
106.09 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-05-15
354.68 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-05-15
75.07 FREDDIE MAC     2018-05-15
310.89 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-05-15
335.88 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-05-15
162.62 GNMA 700789 6% 10/15/23   2012-08-22 2018-05-15
569.19 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-05-21
337.69 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-05-21
698.81 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-05-25
318.05 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-05-25
251.63 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-05-25
1011.39 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-05-25
475.27 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-05-25
1135.31 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-05-25
544.66 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-05-25
157.51 FANNIE MAE   2009-10-26 2018-05-25
271.33 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-05-25
326.76 FNMA 852534 5% 01/01/21   2014-11-04 2018-05-25
10000. METLIFE INC NON-TRADEABLE ASSET   2013-06-10 2018-05-31
2417.08 AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-06-08
226.55 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-06-15
168.64 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-06-15
260.59 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-06-15
355.21 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-06-15
387.44 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-06-15
180.9 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-06-15
164.08 FREDDIE MAC   2009-10-19 2018-06-15
185.8 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-06-15
223.69 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-06-15
474.75 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-06-15
243.18 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-06-15
245.34 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-06-15
147.95 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-06-15
401.366 FHLMC GOLD C90238 6% 11/01/18   2010-05-03 2018-06-15
362.6 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-06-15
68.61 FREDDIE MAC     2018-06-15
314.01 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-06-15
335.94 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-06-15
923.26 GNMA 700789 6% 10/15/23   2012-08-22 2018-06-15
1802. VANGUARD EMERGING MARKET VIPERS   2016-03-14 2018-06-15
563.79 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-06-20
435.1 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-06-20
760.64 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-06-25
704.25 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-06-25
52.24 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-06-25
988.23 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-06-25
877.71 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-06-25
985.09 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-06-25
491.15 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-06-25
124.38 FANNIE MAE   2009-10-26 2018-06-25
355.54 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-06-25
1026.51 FNMA 852534 5% 01/01/21   2014-11-04 2018-06-25
2000. FLUOR CORP (NEW) 3 3/8% SEP 15 2021   2015-02-24 2018-06-26
3000. FLUOR CORP (NEW) 3 3/8% SEP 15 2021   2015-02-24 2018-06-27
30000. US TREAS 1.375% 02/28/19   2015-11-13 2018-06-28
5000. BANK OF NOVA SCOTIA 2.050% 06/05/2019 DTD 06/05/2014   2018-03-26 2018-07-06
2504.01 AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-07-09
3000. NATIONAL RURAL UTIL CORP     2018-07-12
3750.694 BLACKSTONE ALT MULTI-STRAT- Y   2017-10-18 2018-07-13
227.31 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-07-16
167.11 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-07-16
298.8 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-07-16
302.01 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-07-16
392.68 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-07-16
174. FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-07-16
112.68 FREDDIE MAC   2009-10-19 2018-07-16
341.44 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-07-16
221.38 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-07-16
194.72 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-07-16
124.73 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-07-16
213.97 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-07-16
330.61 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-07-16
83.19 FREDDIE MAC     2018-07-16
306.62 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-07-16
240.71 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-07-16
153.83 GNMA 700789 6% 10/15/23   2012-08-22 2018-07-16
1432. ISHARES GOLD TRUST   2018-03-19 2018-07-18
2800. ISHARES GOLD TRUST   2018-03-19 2018-07-18
510.75 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-07-20
380.91 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-07-20
795.37 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-07-25
976.59 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-07-25
7.25 FANNIE MAE SER 2003-97 CL CA 5% OCT 25 2018   2015-09-01 2018-07-25
965.58 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-07-25
373.35 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-07-25
825.69 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-07-25
471.13 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-07-25
108.76 FANNIE MAE   2009-10-26 2018-07-25
300.56 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-07-25
647.6 FNMA 852534 5% 01/01/21   2014-11-04 2018-07-25
2352.05 AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-08-08
228.03 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-08-15
167.58 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-08-15
259.54 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-08-15
156.58 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-08-15
367.42 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-08-15
176.93 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-08-15
120.05 FREDDIE MAC   2009-10-19 2018-08-15
378.55 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-08-15
221.08 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-08-15
176.74 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-08-15
71.51 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-08-15
204.57 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-08-15
326.07 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-08-15
76.73 FREDDIE MAC     2018-08-15
216.64 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-08-15
299. FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-08-15
155.6 GNMA 700789 6% 10/15/23   2012-08-22 2018-08-15
5000. BNP PARIBAS MTN 2.700% 08/20/2018 DTD 08/20/2013   2013-08-13 2018-08-20
591.4 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-08-20
373.98 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-08-20
994.9 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-08-27
288.11 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-08-27
943.44 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-08-27
589.29 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-08-27
823.35 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-08-27
1001.01 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-08-27
122.88 FANNIE MAE   2009-10-26 2018-08-27
258.33 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-08-27
289.73 FNMA 852534 5% 01/01/21   2014-11-04 2018-08-27
10080.485 BBH CORE SELECT FD-N     2018-08-28
5217.786 NEUBERGER BER GR CHINA EQ-IS   2016-03-23 2018-09-05
2585.74 AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-09-10
371.07 CALIFORNIA REPUBLIC AUTO RECEI 2016-1 CL A4 10/15/2021   2017-03-30 2018-09-17
228.64 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-09-17
168.79 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-09-17
490.88 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-09-17
159.94 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-09-17
497.25 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-09-17
178.24 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-09-17
114.24 FREDDIE MAC   2009-10-19 2018-09-17
236.83 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-09-17
902.97 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-09-17
293.06 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-09-17
71.7 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-09-17
199.45 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-09-17
327.37 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-09-17
371.92 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-09-17
246.16 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-09-17
155.45 GNMA 700789 6% 10/15/23   2012-08-22 2018-09-17
2667. VANGUARD EMERGING MARKET VIPERS     2018-09-19
10.31 FREDDIE MAC     2018-09-20
546.47 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-09-20
399.26 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-09-20
574.75 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-09-25
339.07 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-09-25
945.91 FNMA SER 2003-23 CL CH 5% APR 25 2033   2018-08-03 2018-09-25
921.79 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-09-25
506.12 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-09-25
812.58 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-09-25
591.39 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-09-25
100.55 FANNIE MAE   2009-10-26 2018-09-25
211.15 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-09-25
293.05 FNMA 852534 5% 01/01/21   2014-11-04 2018-09-25
50000. US TREAS 3.125% 05/15/19   2014-06-04 2018-09-26
4909.323 AQR LONG-SHORT EQUITY-R6   2017-10-18 2018-10-12
7034.702 BLACKSTONE ALT MULTI-STRAT- Y   2017-10-18 2018-10-12
1542.65 CALIFORNIA REPUBLIC AUTO RECEI 2016-1 CL A4 10/15/2021   2017-03-30 2018-10-15
236.26 FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-10-15
169.19 FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-10-15
243.26 FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-10-15
167.06 FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-10-15
319.68 FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-10-15
166.9 FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-10-15
136.24 FREDDIE MAC   2009-10-19 2018-10-15
191.86 FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-10-15
181.6 FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-10-15
176.83 FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-10-15
58.32 FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-10-15
190.25 FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-10-15
294.81 FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-10-15
203.36 FREDDIE MAC     2018-10-15
308.84 FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-10-15
304.26 FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-10-15
156.28 GNMA 700789 6% 10/15/23   2012-08-22 2018-10-15
2435.08 AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-10-17
901. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-10-18
509. ISHARES MSCI INDIA ETF   2015-04-14 2018-10-18
498.94 GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-10-22
340.04 GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-10-22
532.53 FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-10-25
274.02 FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-10-25
211.38 FNMA SER 2003-23 CL CH 5% APR 25 2033   2018-08-03 2018-10-25
900.62 FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-10-25
350.22 FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-10-25
779.98 FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-10-25
727.05 FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-10-25
53.04 FANNIE MAE   2009-10-26 2018-10-25
207.73 FNMA 785246 4.5% 06/01/19   2011-08-12 2018-10-25
628.68 FNMA 852534 5% 01/01/21   2014-11-04 2018-10-25
5000. AETNA INC 4 1/8% JUN 01 2021   2018-08-09 2018-11-01
7000. NATIONAL RURAL UTIL CORP     2018-11-01
. AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-11-08
5000. MUFG AMERICAS HLDGS CORP 2.250% 02/10/2020 DTD 02/10/2015   2018-02-27 2018-11-08
6282.89 PIMCO COMMODITYPL STRAT-INS   2018-02-22 2018-11-09
. CALIFORNIA REPUBLIC AUTO RECEI 2016-1 CL A4 10/15/2021   2017-03-30 2018-11-15
. FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-11-15
. FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-11-15
. FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-11-15
. FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-11-15
. FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-11-15
. FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-11-15
. FREDDIE MAC   2009-10-19 2018-11-15
. FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-11-15
. FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-11-15
. FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-11-15
. FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-11-15
. FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-11-15
. FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-11-15
. FREDDIE MAC     2018-11-15
. FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-11-15
. FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-11-15
. GNMA 700789 6% 10/15/23   2012-08-22 2018-11-15
. HYUNDAI AUTO RECEIVABLES TR 2018-A 2018-A CL A2A 2.55% 04/15/2021 DT   2018-04-30 2018-11-15
. GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-11-20
. GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-11-20
. FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-11-26
. FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-11-26
. FNMA SER 2003-23 CL CH 5% APR 25 2033   2018-08-03 2018-11-26
. FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-11-26
. FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-11-26
. FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-11-26
. FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-11-26
. FNMA 785246 4.5% 06/01/19   2011-08-12 2018-11-26
. FNMA 852534 5% 01/01/21   2014-11-04 2018-11-26
793.41 FIDELITY 500 INDEX FD-AI   2017-12-08 2018-11-28
. FANNIE MAE   2009-10-26 2018-11-29
806.765 FIDELITY 500 INDEX FD-AI   2018-08-28 2018-12-07
. AMERICREDIT AUTOMOBILE RECEIVA 2014-4 CL C 2.470% 11/09/2020   2017-08-22 2018-12-10
10000. BP CAPITAL MARKETS PLC NON-TRADEABLE ASSET   2015-05-07 2018-12-17
. CALIFORNIA REPUBLIC AUTO RECEI 2016-1 CL A4 10/15/2021   2017-03-30 2018-12-17
2486. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-12-17
342. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-12-17
. FHLMC GOLD M30313 4% 06/01/19   2014-02-05 2018-12-17
. FHLMC GOLD D97989 5.5% 03/01/23   2013-12-05 2018-12-17
. FHLMC GOLD G12277 6% 08/01/21   2013-06-24 2018-12-17
. FHLMC GOLD G12255 5.5% 07/01/21   2012-04-30 2018-12-17
. FHLMC GOLD G13102 4.5% 08/01/22   2013-02-08 2018-12-17
. FHLMC GOLD G13888 5% 06/01/25   2013-12-13 2018-12-17
. FREDDIE MAC   2009-10-19 2018-12-17
. FHLMC GOLD G18222 5.5% 12/01/22   2014-04-17 2018-12-17
. FHLMC GOLD J02968 6% 07/01/21   2014-03-18 2018-12-17
. FHLMC GOLD J07188 4.5% 03/01/23   2014-05-07 2018-12-17
. FHLMC GOLD J10018 4.5% 01/01/21   2012-03-01 2018-12-17
. FHLMC GOLD E01655 5.5% 06/01/19   2011-02-22 2018-12-17
. FHLMC GOLD G11880 5% 12/01/20   2013-05-28 2018-12-17
. FREDDIE MAC     2018-12-17
. FHLMC 4188 CL JC 1.500% 04/15/2033 DTD 04/01/2013   2017-06-09 2018-12-17
. FHLMC 4395 CL PA 2.500% 04/15/2037 DTD 10/01/2014   2016-03-10 2018-12-17
. GNMA 700789 6% 10/15/23   2012-08-22 2018-12-17
. HYUNDAI AUTO RECEIVABLES TR 2018-A 2018-A CL A2A 2.55% 04/15/2021 DT   2018-04-30 2018-12-17
. NISSAN AUTO LEASE TRUST 2016-B CL A4 01/18/2022 DTD 09/21/2016   2017-06-26 2018-12-17
10000. AT&T INC NOTES 5.8% FEB 15 2019   2013-09-25 2018-12-19
. CAPITAL AUTO RECEIVABLES ASSET 2016-1 CL A4 1.980% 10/20/2020   2018-03-26 2018-12-20
. GNMA II SER 2003-75 CL ZA 5.5% SEP 20 2033   2017-01-30 2018-12-20
. GNMA 2005-71 CL ZG 5.500% 09/20/2035 DTD 09/01/2005   2015-06-02 2018-12-20
3518.249 OAKMARK INTERNATIONAL-INST   2017-05-05 2018-12-20
. FHLMC-GNMA 21 CL L 6.250% 10/25/2023 DTD 10/29/1993   2017-12-05 2018-12-26
. FNMA 2011-74 CL PA 2.500% 08/25/2041 DTD 07/01/2011   2015-04-17 2018-12-26
. FNMA SER 2003-23 CL CH 5% APR 25 2033   2018-08-03 2018-12-26
. FNMA 2005-64 CL PL 5.500% 07/25/2035 DTD 06/30/2005   2016-10-14 2018-12-26
. FNMA 2010-66 CL QA 4.500% 08/25/2039 DTD 05/01/2010   2016-02-02 2018-12-26
. FNMA 2010-89 CL LD 1.750% 08/25/2020 DTD 07/01/2010   2016-06-22 2018-12-26
. FNMA 2010-87 CL HD 4.000% 03/25/2025 DTD 07/01/2010   2016-10-27 2018-12-26
. FNMA 785246 4.5% 06/01/19   2011-08-12 2018-12-26
. FNMA 852534 5% 01/01/21   2014-11-04 2018-12-26
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 25,823   27,156 -1,333
b 5,527   5,640 -113
c 1,477   1,492 -15
d 165,077   144,087 20,990
e 263   271 -8
172   188 -16
640   697 -57
211   230 -19
417   444 -27
214   228 -14
158   168 -10
191   208 -17
275   303 -28
454   484 -30
234   250 -16
344   372 -28
145   157 -12
382   409 -27
76   85 -9
320   301 19
330   329 1
159   176 -17
2,391   2,397 -6
4,852   5,290 -438
608   666 -58
448   495 -47
774   826 -52
489   485 4
882   917 -35
1,109   1,235 -126
871   906 -35
1,137   1,141 -4
473   488 -15
169   180 -11
301   322 -21
322   345 -23
       
118,870   87,602 31,268
17,191   17,368 -177
17,110   17,146 -36
15,536   11,938 3,598
22,051   22,633 -582
19,316   14,859 4,457
8,325   6,418 1,907
258   266 -8
784   854 -70
358   390 -32
186   203 -17
391   416 -25
194   207 -13
179   191 -12
312   340 -28
1,887   2,073 -186
213   227 -14
179   191 -12
340   367 -27
132   142 -10
401   428 -27
75   83 -8
394   371 23
290   289 1
160   177 -17
2,203   2,208 -5
551   603 -52
381   421 -40
990   1,057 -67
506   502 4
834   868 -34
1,084   1,207 -123
268   278 -10
1,066   1,070 -4
1,170   1,207 -37
169   180 -11
371   398 -27
322   345 -23
70,000   70,000  
259   267 -8
164   178 -14
453   493 -40
210   229 -19
437   464 -27
180   192 -12
153   163 -10
249   271 -22
215   236 -21
367   392 -25
192   205 -13
283   305 -22
112   121 -9
379   405 -26
15   17 -2
331   312 19
275   274 1
161   178 -17
2,118   2,124 -6
149,341   155,895 -6,554
75,295   73,726 1,569
552   604 -52
393   435 -42
4,953   5,038 -85
672   717 -45
381   378 3
776   807 -31
1,059   1,179 -120
625   649 -24
1,037   1,041 -4
405   418 -13
149   158 -9
280   300 -20
327   350 -23
260   268 -8
165   180 -15
451   491 -40
210   229 -19
409   434 -25
294   313 -19
148   158 -10
616   670 -54
217   238 -21
352   376 -24
244   261 -17
254   274 -20
121   131 -10
357   381 -24
133   149 -16
480   453 27
210   209 1
161   179 -18
2,188   2,193 -5
3,975   3,996 -21
575   630 -55
353   390 -37
931   994 -63
410   407 3
826   859 -33
1,035   1,152 -117
563   585 -22
1,068   1,072 -4
1,212   1,250 -38
139   148 -9
394   423 -29
326   349 -23
4,969   5,105 -136
5,943   5,989 -46
301   309 -8
165   180 -15
212   230 -18
216   235 -19
370   393 -23
233   248 -15
156   166 -10
190   207 -17
219   240 -21
217   231 -14
183   195 -12
239   258 -19
106   115 -9
355   379 -24
75   84 -9
311   293 18
336   335 1
163   180 -17
569   623 -54
338   373 -35
699   746 -47
318   316 2
252   262 -10
1,011   1,126 -115
475   494 -19
1,135   1,140 -5
545   562 -17
158   168 -10
271   291 -20
327   350 -23
10,387   12,850 -2,463
2,417   2,434 -17
227   233 -6
169   184 -15
261   284 -23
355   387 -32
387   412 -25
181   193 -12
164   175 -11
186   202 -16
224   246 -22
475   507 -32
243   260 -17
245   265 -20
148   160 -12
431   434 -3
363   388 -25
69   77 -8
314   296 18
336   335 1
923   1,023 -100
79,234   60,597 18,637
564   617 -53
435   481 -46
761   812 -51
704   699 5
52   54 -2
988   1,100 -112
878   912 -34
985   989 -4
491   507 -16
124   132 -8
356   381 -25
1,027   1,099 -72
1,998   2,090 -92
2,999   3,136 -137
29,831   30,069 -238
4,967   4,955 12
2,504   2,522 -18
3,071   4,401 -1,330
39,720   40,995 -1,275
227   234 -7
167   182 -15
299   325 -26
302   329 -27
393   417 -24
174   185 -11
113   120 -7
341   372 -31
221   243 -22
195   208 -13
125   133 -8
214   231 -17
331   353 -22
83   93 -10
307   289 18
241   240 1
154   170 -16
16,851   18,122 -1,271
32,928   35,434 -2,506
511   559 -48
381   421 -40
795   849 -54
977   969 8
7   8 -1
966   1,075 -109
373   388 -15
826   829 -3
471   486 -15
109   116 -7
301   322 -21
648   693 -45
2,352   2,369 -17
228   235 -7
168   183 -15
260   283 -23
157   171 -14
367   390 -23
177   188 -11
120   128 -8
379   412 -33
221   243 -22
177   189 -12
72   76 -4
205   221 -16
326   348 -22
77   86 -9
217   204 13
299   298 1
156   172 -16
5,000   4,991 9
591   647 -56
374   413 -39
995   1,062 -67
288   286 2
943   1,050 -107
589   612 -23
823   826 -3
1,001   1,033 -32
123   131 -8
258   277 -19
290   310 -20
216,428   161,654 54,774
74,353   52,908 21,445
2,586   2,604 -18
371   373 -2
229   235 -6
169   184 -15
491   534 -43
160   174 -14
497   528 -31
178   190 -12
114   122 -8
237   258 -21
903   992 -89
293   313 -20
72   77 -5
199   215 -16
327   350 -23
372   351 21
246   245 1
155   172 -17
110,106   89,219 20,887
10   12 -2
546   598 -52
399   441 -42
575   614 -39
339   337 2
946   996 -50
922   1,026 -104
506   526 -20
813   816 -3
591   610 -19
101   107 -6
211   226 -15
293   314 -21
50,203   53,623 -3,420
59,992   73,591 -13,599
74,990   76,889 -1,899
1,543   1,551 -8
236   243 -7
169   184 -15
243   265 -22
167   182 -15
320   340 -20
167   178 -11
136   145 -9
192   209 -17
182   200 -18
177   189 -12
58   62 -4
190   205 -15
295   315 -20
203   228 -25
309   291 18
304   303 1
156   173 -17
2,435   2,453 -18
37,740   28,915 8,825
15,294   16,929 -1,635
499   546 -47
340   376 -36
533   568 -35
274   272 2
211   223 -12
901   1,003 -102
350   364 -14
780   783 -3
727   750 -23
53   56 -3
208   223 -15
629   673 -44
5,069   5,097 -28
7,000   10,268 -3,268
2,462   2,480 -18
5,000   4,956 44
35,938   39,896 -3,958
1,524   1,532 -8
256   263 -7
170   185 -15
267   291 -24
164   179 -15
306   325 -19
169   180 -11
120   129 -9
180   196 -16
415   456 -41
249   265 -16
58   62 -4
193   208 -15
315   337 -22
18   20 -2
460   433 27
318   317 1
158   175 -17
500   499 1
445   488 -43
426   471 -45
548   585 -37
376   373 3
454   478 -24
880   979 -99
396   412 -16
728   730 -2
1,254   1,294 -40
226   242 -16
280   299 -19
76,310   73,843 2,467
14   14  
74,537   81,903 -7,366
2,351   2,368 -17
10,197   11,076 -879
1,474   1,483 -9
96,819   79,781 17,038
13,263   10,976 2,287
195   201 -6
171   186 -15
258   280 -22
162   176 -14
316   336 -20
223   238 -15
102   109 -7
267   290 -23
618   679 -61
167   179 -12
58   62 -4
184   199 -15
295   316 -21
19   22 -3
284   267 17
282   282  
159   176 -17
1,316   1,314 2
3,383   3,378 5
10,046   11,532 -1,486
1,804   1,791 13
384   421 -37
249   275 -26
71,526   93,093 -21,567
683   730 -47
340   337 3
218   229 -11
860   957 -97
865   899 -34
704   707 -3
398   411 -13
226   242 -16
236   253 -17
      167,025
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,333
b       -113
c       -15
d       20,990
e       -8
      -16
      -57
      -19
      -27
      -14
      -10
      -17
      -28
      -30
      -16
      -28
      -12
      -27
      -9
      19
      1
      -17
      -6
      -438
      -58
      -47
      -52
      4
      -35
      -126
      -35
      -4
      -15
      -11
      -21
      -23
       
      31,268
      -177
      -36
      3,598
      -582
      4,457
      1,907
      -8
      -70
      -32
      -17
      -25
      -13
      -12
      -28
      -186
      -14
      -12
      -27
      -10
      -27
      -8
      23
      1
      -17
      -5
      -52
      -40
      -67
      4
      -34
      -123
      -10
      -4
      -37
      -11
      -27
      -23
       
      -8
      -14
      -40
      -19
      -27
      -12
      -10
      -22
      -21
      -25
      -13
      -22
      -9
      -26
      -2
      19
      1
      -17
      -6
      -6,554
      1,569
      -52
      -42
      -85
      -45
      3
      -31
      -120
      -24
      -4
      -13
      -9
      -20
      -23
      -8
      -15
      -40
      -19
      -25
      -19
      -10
      -54
      -21
      -24
      -17
      -20
      -10
      -24
      -16
      27
      1
      -18
      -5
      -21
      -55
      -37
      -63
      3
      -33
      -117
      -22
      -4
      -38
      -9
      -29
      -23
      -136
      -46
      -8
      -15
      -18
      -19
      -23
      -15
      -10
      -17
      -21
      -14
      -12
      -19
      -9
      -24
      -9
      18
      1
      -17
      -54
      -35
      -47
      2
      -10
      -115
      -19
      -5
      -17
      -10
      -20
      -23
      -2,463
      -17
      -6
      -15
      -23
      -32
      -25
      -12
      -11
      -16
      -22
      -32
      -17
      -20
      -12
      -3
      -25
      -8
      18
      1
      -100
      18,637
      -53
      -46
      -51
      5
      -2
      -112
      -34
      -4
      -16
      -8
      -25
      -72
      -92
      -137
      -238
      12
      -18
      -1,330
      -1,275
      -7
      -15
      -26
      -27
      -24
      -11
      -7
      -31
      -22
      -13
      -8
      -17
      -22
      -10
      18
      1
      -16
      -1,271
      -2,506
      -48
      -40
      -54
      8
      -1
      -109
      -15
      -3
      -15
      -7
      -21
      -45
      -17
      -7
      -15
      -23
      -14
      -23
      -11
      -8
      -33
      -22
      -12
      -4
      -16
      -22
      -9
      13
      1
      -16
      9
      -56
      -39
      -67
      2
      -107
      -23
      -3
      -32
      -8
      -19
      -20
      54,774
      21,445
      -18
      -2
      -6
      -15
      -43
      -14
      -31
      -12
      -8
      -21
      -89
      -20
      -5
      -16
      -23
      21
      1
      -17
      20,887
      -2
      -52
      -42
      -39
      2
      -50
      -104
      -20
      -3
      -19
      -6
      -15
      -21
      -3,420
      -13,599
      -1,899
      -8
      -7
      -15
      -22
      -15
      -20
      -11
      -9
      -17
      -18
      -12
      -4
      -15
      -20
      -25
      18
      1
      -17
      -18
      8,825
      -1,635
      -47
      -36
      -35
      2
      -12
      -102
      -14
      -3
      -23
      -3
      -15
      -44
      -28
      -3,268
      -18
      44
      -3,958
      -8
      -7
      -15
      -24
      -15
      -19
      -11
      -9
      -16
      -41
      -16
      -4
      -15
      -22
      -2
      27
      1
      -17
      1
      -43
      -45
      -37
      3
      -24
      -99
      -16
      -2
      -40
      -16
      -19
      2,467
       
      -7,366
      -17
      -879
      -9
      17,038
      2,287
      -6
      -15
      -22
      -14
      -20
      -15
      -7
      -23
      -61
      -12
      -4
      -15
      -21
      -3
      17
       
      -17
      2
      5
      -1,486
      13
      -37
      -26
      -21,567
      -47
      3
      -11
      -97
      -34
      -3
      -13
      -16
      -17
       
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 2 291,275
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 396,143 8,034,727 0.049304
2016 393,418 7,750,573 0.05076
2015 382,498 8,249,974 0.046364
2014 377,556 8,765,763 0.043072
2013 485,099 8,320,052 0.058305
2
Total of line 1, column (d) .....................
2
0.247805
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
0.049561
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,132,051
5
Multiply line 4 by line 3......................
5
403,033
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,829
7
Add lines 5 and 6........................
7
407,862
8
Enter qualifying distributions from Part XII, line 4,.............
8
388,213
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 9,657
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 9,657
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 9,657
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 14,968
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 14,968
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,311
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet5,311 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)
    bulletTX
    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 ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN IL1-0111CHICAGOIL ZIP+4bullet60603
    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
    JP MORGAN CHASE TRUSTEE
    2     		58,908    
    10 S DEARBORN IL1-0111
    CHICAGO,IL606032300
    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
    7,763,859
    b
    Average of monthly cash balances.......................
    1b
    308,850
    c
    Fair market value of all other assets (see instructions)................
    1c
    183,180
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,255,889
    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
    8,255,889
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    123,838
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,132,051
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    406,603
    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
    406,603
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,657
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,657
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    396,946
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    396,946
    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
    396,946
    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
    388,213
    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
    388,213
    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
    388,213
    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 7 396,946
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 349,624
    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$ 388,213
    a Applied to 2017, but not more than line 2a 349,624
    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..... 38,589
    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 ..........     		358,357
    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 e-mail address of the person to whom applications should be addressed:
    Kravik Susan
    SEE WEBSITE
    SEE WEBSITE,TX75201
    (999) 999-9999
    susan.kravik@jpmorgan.com
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF APPLICATION PREFERRED STATING APPLICATION OF FUNDS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO EDUCATIONAL, MEDICAL AND CULTURAL
    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
    MASTERKEY MINISTRIES OF GRAYSON COUNTY
    209 S FM 1417
    Sherman,TX75092     		NONE PC GENERAL 7,500
    Four Rivers Outreach Inc
    210 S RUSK ST 2
    Sherman,TX75090     		NONE PC GENERAL 5,000
    THE CHILD AND FAMILY GUIDANCE
    9650 ZELZAH AVENUE
    Northridge,CA91325     		NONE PC GENERAL 22,000
    CASEY CRAVEY-UNIVERSITY OF TEXAS AT
    ARLINGTON
    701 S NEDDERMAN DR
    ARLINGTON,TX76019     		NONE PC GENERAL 2,000
    AASMA AZIZ- UNIVERSITY OF NORTH TEXAS
    1155 UNION CIRCLE
    DENTON,TX76203     		NONE PC GENERAL 2,000
    MACKENZIE THOMPSON- TEXAS TECH UNIVERSIT
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE PC GENERAL 1,000
    SHEN D CATTEAU
    915 E MARKET AVE
    SEARCY,AZ72149     		NONE PC GENERAL 2,000
    BAO CATTEAU- ABILENE CHRISTIAN UNIVERSIT
    1600 CAMPUS COURT
    ABILENE,TX79699     		NONE PC GENERAL 2,000
    MARTHA HAYES- TEXAS STATE UNIVERSITY
    601 UNIVERSITY DR
    SAN MARCOS,TX78666     		NONE PC GENERAL 2,000
    GRACE HALL- University of North Texas
    1155 UNION CIRCLE
    DENTON,TX76203     		NONE PC GENERAL 1,000
    MADISON POE-Texas A and M University
    P O BOX 30013
    COLLEGE STATION,TX77843     		NONE PC GENERAL 2,000
    HOUSE OF ELIINC
    123 N CROCKETT ST
    SHERMAN,TX75090     		NONE PC GENERAL 15,000
    ALI JAVED- Texas A and M University
    P O BOX 30013
    COLLEGE,TX77842     		NONE PC GENERAL 1,000
    JOSELLE MALLILLIN- East Central
    University
    1100 EAST 14TH STREET
    ADA,OK74820     		NONE PC GENERAL 2,000
    COURTNEY GILLESPIE- Oral Roberts Univ
    7777 SOUTH LEWIS AVE
    TULSA,OK74171     		NONE PC GENERAL 1,000
    CONNER MASSENBURG- TEXAS TECH
    UNIVERSITY
    2500 BROADWAY
    LUBBOCK,TX79409     		NONE PC GENERAL 1,000
    SUZIETTA RUTH SMITH- UNIV OF TEXAS AT
    ARLINGTON
    701 S NEDERMAN DRIVE
    ARLINGTON,TX76019     		NONE PC GENERAL 1,000
    DENISON HIGH SCHOOL
    4200 N STATE HWY 91
    DENISON,TX75020     		NONE PC GENERAL 7,000
    TAYLOR DAWES-OKLAHOMA STATE UNIVERSITY
    107 WHITEHURST
    STILLWATER,TX74078     		NONE PC GENERAL 1,000
    FRIENDS OF TEXAS HISTORIAN COMMISION
    1510 S CONGRESS AVE
    AUSTIN,TX78704     		NONE PC GENERAL 10,000
    THE SALVATION ARMY OF GRAYSON COUNTY
    5700 TEXOMA PKWY
    SHERMAN,TX75090     		NONE PC GENERAL 5,000
    GRAYSON COLLEGE FOUNDATION
    6101 GRAYSON DR STE 691
    DENISON,TX75020     		NONE PC GENERAL 50,000
    AUSTIN COLLEGE
    900 N GRAND AVE
    Sherman,TX75090     		NONE PC GENERAL 30,000
    ALYSSA CORNELIUS-UNIVERSITY OF TEXAS
    AT AUSTIN
    110 INNER CAMPUS DRIVE
    AUSTIN,TX78705     		NONE PC GENERAL 2,000
    SHERMAN SYMPHONY ORCHESTRA
    400 N ELM
    Sherman,TX75090     		NONE PC GENERAL 15,000
    DENISON INDEPENDENT SCHOOL DISTRICT
    1201 S RUSK
    DENISON,TX75020     		NONE PC GENERAL 20,000
    DENISON PERFORMING ARTS
    PO BOX 1035
    DENISON,TX75021     		NONE PC GENERAL 4,450
    SHERMAN COMMUNITY PLAYERS
    500 N ELM ST
    SHERMAN,TX75090     		NONE PC GENERAL 10,000
    DENISON PUBLIC LIBRARY
    300 W GANDY ST
    DENISON,TX75020     		NONE PC GENERAL 89,000
    DENISON HELPING HANDS
    418 W CHESTNUT ST
    DENISON,TX75020     		NONE PC GENERAL 12,500
    CHILDRENS CHORUS OF GREATER NORTH TEXAS
    400 N SAINT PAUL ST STE 510
    DALLAS,TX75201     		NONE PC GENERAL 3,000
    DENISON MAIN STREET INC
    415 W MAIN
    DENISON,TX75021     		NONE PC GENERAL 5,000
    DENISON SISTER CITIES
    911 S FAIRBANKS
    DENISON,TX75020     		NONE PC GENERAL 16,200
    GRAYSON COUNTY COLLEGE
    6101 GRAYSON DR
    DENISON,TX75020     		NONE PC GENERAL 15,000
    Total .................................bullet 3a 364,650
    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....     14 173,991  
    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 ............     		    18 291,275  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTY INCOME     		    15 69,588  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   534,854  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    534,854
    (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 InvestmentsCorpBondsSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Name of Bond End of Year Book Value End of Year Fair Market Value
    00206RAR3 AT&T INC NOTES 5.8%    
    00440EAM9 ACE INA HOLDINGS 5.9 11,353 10,129
    023135AL0 AMAZON.COM INC 2.600 2,994 2,992
    02665WAH4 AMERICAN HONDA FINAN 4,991 4,977
    05565QBP2 BP CAPITAL MARKETS P    
    05574LPT9 BNP PARIBAS MTN 2.70    
    06051GEH8 BANK OF AMERICA CORP 16,718 15,570
    06406HCR8 BANK OF NEW YORK MEL 10,087 9,988
    17275RAH5 CISCO SYSTEMS INC NO 11,065 10,154
    172967HU8 CITIGROUP INC 2.500% 13,138 12,956
    25245BAB3 DIAGEO INVESTMENT CO 9,997 9,902
    26884ABA0 ERP OPERATING LP 3.0 5,139 4,918
    31282CK22 FHLMC GOLD M30313 4% 971 943
    3128E42W1 FHLMC GOLD D97989 5. 8,910 8,654
    3128M1M22 FHLMC GOLD G12277 6% 4,842 4,545
    3128M1MC0 FHLMC GOLD G12255 5. 4,343 4,064
    3128MBU39 FHLMC GOLD G13102 4. 5,027 4,817
    3128MCRH0 FHLMC GOLD G13888 5% 6,270 6,109
    3128MMAG8 FHLMC GOLD G18006 5. 603 566
    3128MMG80 FHLMC GOLD G18222 5. 8,631 8,189
    3128PEJM1 FHLMC GOLD J02968 6% 4,942 4,551
    3128PJ6Z5 FHLMC GOLD J07188 4. 8,251 7,968
    3128PPAT0 FHLMC GOLD J10018 4. 465 443
    31294KZU2 FHLMC GOLD E01655 5. 871 809
    31335HHP1 FHLMC GOLD C90238 6%    
    31336WCQ0 FHLMC GOLD G11880 5% 4,364 4,134
    31347WFG6 FREDDIE MAC 8.5% OCT 92 72
    3136A0JK4 FNMA 2011-74 CL PA 2 22,469 21,768
    3137BEWK6 FHLMC 4395 CL PA 2.5 15,175 14,947
    3137EADP1 FHLMC 0.875% 03/07/2    
    31392GVG7 FEDERAL NATL MTG ASS    
    31393TMB9 FANNIE MAE SER 2003-    
    31394EFT0 FNMA 2005-64 CL PL 5 38,954 37,563
    31398RFJ9 FNMA 2010-66 CL QA 4 5,411 5,230
    31398TPC9 FNMA 2010-89 CL LD 1 6,641 6,560
    31398TZS3 FNMA 2010-87 CL HD 4 9,192 8,944
    31402CTR3 FNMA 725160 6.5% 04/    
    31404ADW1 FNMA 762517 5.5% 11/    
    31405CL31 FNMA 785246 4.5% 06/ 980 931
    31408JEF4 FNMA 852534 5% 01/01 4,628 4,394
    343412AB8 FLUOR CORP (NEW) 3 3    
    36296TRJ4 GNMA 700789 6% 10/15 11,446 10,827
    369550AR9 GENERAL DYNAMICS COR 5,360 5,110
    375558BC6 GILEAD SCIENCES INC 5,206 4,988
    38148LAA4 GOLDMAN SACHS GROUP    
    38374L4S7 GNMA 2005-71 CL ZG 5 24,547 23,661
    44890LAD6 HYUNDAI AUTO RECEIVA    
    458140AQ3 INTEL CORP 2.450% 07    
    539830AT6 LOCKHEED MARTIN CORP 11,285 10,118
    59156RAT5 METLIFE INC NOTES 7.    
    61761JB32 MORGAN STANLEY 2.800 10,003 9,934
    629491AB7 NYSE EURONEXT 2% OCT    
    637432LR4 NATIONAL RURAL UTIL    
    670346AG0 NUCOR CORPORATION NO    
    693476BL6 PNC FUNDING CORP 4 3 11,023 10,182
    74432QBM6 PRUDENTIAL FINANCIAL 11,477 10,304
    767201AH9 RIO TINTO FIN USA LT    
    78011DAC8 ROYAL BANK OF CANADA    
    80283YAE5 SANTANDER DRIVE AUTO    
    828807CD7 SIMON PROPERTY GROUP    
    86722TAA0 SUNCOR ENERGY INC 6.    
    87236YAA6 TD AMERITRADE HOLDIN 11,975 10,211
    88166JAA1 TEVA PHARM FIN IV BV    
    89114QBG2 TORONTO-DOMINION BAN 5,990 5,871
    89236TBB0 TOYOTA MOTOR CREDIT 10,042 9,995
    89417EAF6 TRAVELLERS COS INC S 11,685 10,125
    912810EL8 US TREAS 8% 11/15/21 147,399 126,624
    912828KQ2 US TREAS 3.125% 05/1 72,658 70,155
    912828LY4 US TREAS 3.375% 11/1 108,500 100,601
    912828ND8 US TREAS 3.5% 05/15/ 81,304 75,930
    912828NT3 US TREAS 2.625% 08/1 68,623 65,084
    912828PC8 US TREAS 2.625% 11/1 94,098 90,149
    912828QN3 US TREAS 3.125% 05/1 102,816 96,394
    912828SH4 US TREAS 1.375% 02/2    
    92867RAC3 VOLKSWAGEN AUTO LOAN    
    949746SA0 WELLS FARGO & COMPAN    
    961214CY7 WESTPAC BANKING CORP 6,999 6,938
    001055AL6 AFLAC INC 3.625% 06/ 5,213 5,016
    00287YAP4 ABBVIE INC 3.200% 11 10,146 9,850
    025816BM0 AMERICAN EXPRESS CO 9,992 9,651
    03065BAF8 AMERICREDIT AUTOMOBI    
    03065JAF1 AMERICREDIT AUTOMOBI 7,949 7,886
    037833DC1 APPLE INC 2.100% 09/ 5,000 4,831
    057224BC0 BAKER HUGHES INC 3.2 5,152 4,942
    06051GGQ6 BANK OF AMERICA CORP 10,006 9,672
    09062XAC7 BIOGEN INC 2.900% 09    
    10112RAS3 BOSTON PROPERTIES LP 5,276 5,068
    13057BAD2 CALIFORNIA REPUBLIC 20,201 19,985
    14040HBL8 CAPITAL ONE FINANCIA 5,014 4,876
    25152R5F6 DEUTSCHE BANK AG 3.3 5,025 4,825
    3133T1XR8 FHLMC-GNMA 21 CL L 6 24,172 23,893
    3137B1E40 FHLMC 4188 CL JC 1.5 22,341 22,223
    3137GAUA3 FHLMC NOV3737 CL GB 36,040 35,739
    31394TAG0 FHLMC NOV2768 CL PW 48,256 49,428
    316773CT5 FIFTH THIRD BANCORP 5,099 4,969
    38141GGS7 GOLDMAN SACHS GROUP    
    38374CBC4 GNMA II SER 2003-75 35,679 35,308
    404280AN9 HSBC HOLDINGS PLC 4% 10,508 10,130
    446150AJ3 HUNTINGTON BANCSHARE 5,056 4,978
    46132FAB6 INVESCO FINANCE PLC 5,338 4,992
    49326EED1 KEYCORP MTN 5.1% MAR 5,480 5,186
    65477XAE4 NISSAN AUTO LEASE TR 21,587 21,590
    670346AL9 NUCOR CORP 4 1/8% SE 10,713 10,279
    68389XAP0 ORACLE CORP 2.500% 1 9,966 9,732
    686330AH4 ORIX CORP 2.900% 07/ 5,049 4,885
    693506BH9 PPG INDUSTRIES INC 2 5,042 4,967
    80281LAD7 SANTANDER UK GROUP H 5,036 4,909
    80284QAE1 SANTANDER DRIVE AUTO    
    845437BM3 SOUTHWESTERN ELEC PO 5,160 5,009
    86562MAQ3 SUMITOMO MITSUI FINL 5,013 4,872
    867914BM4 SUNTRUST BANKS INC 2 4,996 4,876
    89152UAF9 TOTAL CAPITAL SA 4 1 5,333 5,105
    89352HAK5 TRANS-CANADA PIPELIN 10,405 9,963
    912828N30 US TREAS 2.125% 12/3 110,079 108,453
    913017AR0 UNITED TECHNOLOGIES 11,367 10,472
    92343VDQ4 VERIZON COMMUNICATIO    
    94973VBA4 WELLPOINT INC 3.3% J 10,146 9,839
    949746SK8 WELLS FARGO & COMPAN 15,224 14,609
    981464CW8 WORLD FINANCIAL NETW 20,352 19,998
    008117AP8 AETNA INC 2.750% 11/ 4,804 4,797
    03076CAG1 AMERIPRISE FINANCIAL 5,151 4,997
    05531FBB8 BB&T CORPORATION MTN 9,580 9,607
    06367TPX2 BANK OF MONTREAL MTN 4,930 4,953
    064159HM1 BANK OF NOVA SCOTIA 4,891 4,914
    10373QAF7 BP CAP MARKETS AMER 10,187 10,237
    136069XY2 CANADIAN IMPERIAL BA 4,945 4,949
    13975NAD5 CAPITAL AUTO RECEIVA 13,105 13,152
    24422EUA5 JOHN DEERE CAPITAL C 4,836 4,876
    257375AE5 DOMINION ENERGY GAS 4,965 4,988
    3137A6A36 FHLMC 3798 CL DK 3.5 10,463 10,490
    31392J6V6 FNMA SER 2003-23 CL 34,519 35,077
    38141GWC4 GOLDMAN SACHS GROUP 10,877 10,652
    44891KAB1 HYUNDAI AUTO RECEIVA 18,151 18,146
    534187BD0 LINCOLN NATIONAL COR 5,108 5,097
    65535HAB5 NOMURA HOLDINGS INC 10,596 10,385
    912828VB3 US TREAS 1.75% 05/15 123,761 125,969
    912828X70 US TREAS 2% 04/30/24 72,178 73,018

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Name of Stock End of Year Book Value End of Year Fair Market Value
    233051507 XTRACKERS MSCI JAPAN    
    233051853 XTRACKERS MSCI EUROP    
    464287507 ISHARES CORE S&P MID 33,565 82,200
    464288182 ISHARES MSCI ALL COU 109,749 131,253
    577130750 MATTHEWS ASIA DIVIDE 55,370 57,718
    701769408 PARNASSUS CORE EQUIT 351,866 353,733
    922042858 VANGUARD FTSE EMERGI    
    05528X604 BBH CORE SELECT FD-N    
    14949P208 CAUSEWAY INTERNATL V 263,811 230,559
    46429B598 ISHARES MSCI INDIA E 149,482 167,067
    55273E822 MFS INTL VALUE-I    
    64122Q309 NEUBERGER BER MU/C O 267,834 289,866
    64122Q465 NEUBERGER BER GR CHI    
    315911727 FIDELITY INTERNATION 324,950 266,368
    315911750 FIDELITY 500 INDEX F 888,352 824,381
    413838723 OAKMARK INTERNATIONA 62,157 48,016
    47803P633 JOHN HANCOCK LRF CP 183,729 183,949
    552746349 MFS INTL VALUE-R6 176,389 284,499
    74441C881 PGIM JENNISON MID CA 127,929 95,791
    922908629 VANGUARD MID-CAP ETF 207,799 180,049
    46090E103 INVESCO QQQ TR UNITS 147,804 137,754
    46434G103 ISHARES CORE MSCI EM 186,649 173,135
    46434G822 ISHARES INC MSCI JAP 190,056 173,715
    92189F106 VANECK VECTORS GOLD 74,295 75,608

    TY 2018 InvestmentsOtherSchedule2
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    00191K765 AQR EQUITY MARKET NE AT COST 74,472 69,323
    03875R205 THE ARBITRAGE FD-I AT COST 77,637 77,637
    56166Y404 TORTOISE MLP & PIPEL AT COST 145,835 146,861
    78463V107 SPDR GOLD SHARES      
    00191K500 AQR LONG-SHORT EQUIT AT COST 88,800 68,537
    09257V508 BLACKSTONE ALT MULTI AT COST 283,018 270,602
    25264S833 DIAMOND HILL LONG/SH AT COST 162,034 142,177
    64128R608 NEUBERGER BERMAN LON AT COST 159,333 142,161
    744336876 PGIM GLOBAL REAL EST AT COST 317,497 284,512
    464285105 ISHARES GOLD TRUST AT COST 171,070 166,136

    TY 2018 OtherAssetsSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OIL AND GAS WELLS   0 183,167
    XXX-XX-XXXX SAMUEL A LONG SVY GR 1 1 1
    XXX-XX-XXXX G GOODWIN SVY PANOLA 1 1 1
    XXX-XX-XXXX H&TC RRCO SY WARD CO 1 1 1
    XXX-XX-XXXX SAMUEL A LONG SVY GR 1 1 1
    XXX-XX-XXXX VARIOUS MIN. INTERES 1 1 1
    XXX-XX-XXXX VARIOUS MIN. INTERES 1 1 1
    XXX-XX-XXXX SEC 80 28N 5E KAY CO 1 1 1
    XXX-XX-XXXX VARIOUS LIFE ESTATE 1 1 1
    XXX-XX-XXXX P STAMPS SVYS GRAYSO 1 1 1
    XXX-XX-XXXX ABRAM LOTT SVY GRAYS 1 1 1
    XXX-XX-XXXX MG STANLEY SVYS GRAY 1 1 1
    XXX-XX-XXXX SEC 311, BLK D, J.H. 1 1 1
    XXX-XX-XXXX SEC 308, BLK D, JOHN 1 1 1


    TY 2018 OtherDecreasesSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Description Amount
    COST BASIS ADJUSTMENT 2,015
    2019 TRANS POSTED IN 2018 388
    ACCRUED INTEREST 190


    TY 2018 OtherExpensesSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ROYALTY EXPENSE 8,528 8,528   0


    TY 2018 OtherIncomeSchedule2
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 69,588 69,588  


    TY 2018 OtherIncreasesSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Description Amount
    2017 TRANS POSTED IN 2018 1,241
    CASH AMT IN NQST OID 3,715
    ROUNDING 663


    TY 2018 TaxesSchedule
    Name:
    W B MUNSON FOUNDATION XXXXX5008
    EIN:
    75-6015068
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 20,700 0   0
    FEDERAL ESTIMATES - INCOME 7,534 0   0
    FOREIGN TAXES ON QUALIFIED FOR 3,770 3,770   0
    FOREIGN TAXES ON NONQUALIFIED 564 564   0