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
BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
 
Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT P O BOX 116
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202
A Employer identification number

58-6025557
B Telephone number (see instructions)

(205) 420-7753
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$593,228J 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... 11,749 11,621  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,700
b Gross sales price for all assets on line 6a 218,307
7 Capital gain net income (from Part IV, line 2)... 10,700
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 22,449 22,321  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,875 7,900   1,975
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 800 0 0 800
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 583 300   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,258 8,200 0 2,775
25 Contributions, gifts, grants paid....... 32,000 32,000
26 Total expenses and disbursements. Add lines 24 and 25 43,258 8,200 0 34,775
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,809
b Net investment income (if negative, enter -0-) 14,121
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............. 13    
2 Savings and temporary cash investments......... 23,141 17,856 17,856
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) 81,452    
b Investments—corporate stock (attach schedule)....... 188,235    
c Investments—corporate bonds (attach schedule)....... 105,472    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 208,598 Click to see attachment567,776 575,372
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 606,911 585,632 593,228
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........ 606,911 585,632
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)..... 606,911 585,632
31 Total liabilities and net assets/fund balances (see instructions). 606,911 585,632
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
606,911
2
Enter amount from Part I, line 27a .....................
2
-20,809
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
586,102
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
470
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
585,632
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 1000. AMGEN INC 2.25% 8/19/23   2016-08-11 2018-01-04
b 1000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019   2016-02-09 2018-01-04
c 1000. APPLE INC 2.3% 11 MAY 2022   2017-05-05 2018-01-04
d 1000. BANK OF MONTREAL 1.5% 7/18/19   2016-07-14 2018-01-04
e 1000. CAPITAL ONE FINANCIAL CO 2.5% 12 MAY   2017-05-10 2018-01-04
1000. KROGER CO 2.65% 15 OCT 2026   2016-09-27 2018-01-04
1000. MORGAN STANLEY 3.7% 23 OCT 2024   2015-04-06 2018-01-04
1000. SHELL INTERNATIONAL 1.375% 10 MAY 2019   2016-05-06 2018-01-04
2000. US TREASURY N/B 1.25% 31 JAN 2020   2016-04-01 2018-01-04
1000. US TREASURY N/B 2% 15 FEB 2025   2016-11-16 2018-01-04
1000. US TREASURY N/B 1.625% 15 MAY 2026   2017-11-28 2018-01-04
1000. VALERO ENERGY CORP 3.4% 15 SEP 2026   2016-10-13 2018-01-04
1000. VERIZON COMMUNICATIONS 2.625% 15 AUG 2026   2016-07-27 2018-01-04
3000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-01-10
3000. US TREASURY N/B .875% 15 JUL 2018   2018-01-05 2018-01-17
4000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023   2016-07-19 2018-01-18
3000. US TREASURY N/B 1.75% 30 APR 2022   2017-02-15 2018-01-19
1000. US TREASURY N/B .75% 15 JUL 2019   2017-05-25 2018-02-05
1000. US TREASURY N/B 1.75% 30 APR 2022   2017-02-15 2018-02-05
84. COCA-COLA CO USD   2016-07-07 2018-02-09
45. COMCAST CORP NEW CL A   2017-01-26 2018-02-09
68. HCP INC   2017-12-13 2018-02-09
5. NEXTERA ENERGY INC   2015-03-30 2018-02-09
8. 3M CO COM   2015-03-30 2018-02-09
3000. DEUTSCHE BANK AG LONDON 1.875% 13 FEB 2018   2015-02-18 2018-02-13
3000. US TREASURY N/B 1.625% 15 MAY 2026   2017-11-28 2018-02-16
1000. US TREASURY N/B 1.75% 15 MAY 2023   2018-01-18 2018-03-06
3000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-03-07
3000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-03-12
3000. US TREASURY N/B 1.625% 15 MAY 2026   2017-03-06 2018-03-16
26. ALTRIA GROUP INC   2016-02-04 2018-03-20
6. COGNIZANT TECHNOLOGY SOLUTIONS   2015-03-30 2018-03-20
110. ORACLE CORPORATION COM   2015-12-04 2018-03-20
95. WELLS FARGO & CO NEW COM   2015-03-30 2018-03-20
67. INVESCO LTD   2017-04-10 2018-03-20
32. INVESCO LTD   2015-12-04 2018-03-20
42. PROCTER & GAMBLE CO   2017-06-21 2018-04-13
17. SABRE CORP   2017-12-13 2018-04-13
76. SABRE CORP   2017-01-26 2018-04-13
23. WASTE MGMT INC DEL COM   2015-03-30 2018-04-13
3000. ORACLE CORP 5.75% 15 APR 2018   2014-11-10 2018-04-16
4000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019   2016-02-09 2018-04-23
179.786 ADVISERS INVT TR JOHCM INTL SL I   2017-12-14 2018-04-25
8.328 INVESCO INTL GRWTH-R5   2017-12-14 2018-04-25
13. CONTINENTAL RES INC OKLA   2018-02-09 2018-04-25
3. ECOLAB INC COM   2015-03-30 2018-04-25
3. GENERAL DYNAMICS CORPORATION COM   2016-09-19 2018-04-25
4. HUNT JB TRANS SVCS INC COM   2017-11-01 2018-04-25
5. INTEL CORP   2017-12-13 2018-04-25
12. INTEL CORP   2015-03-30 2018-04-25
5. JPMORGAN CHASE & CO   2017-12-13 2018-04-25
4000. BANK OF AMERICA CORP 6.875% 25 APR 2018   2015-04-06 2018-04-25
3. NEXTERA ENERGY INC   2015-03-30 2018-04-25
4. PALO ALTO NETWORKS INC   2017-01-26 2018-04-25
2. STRYKER CORP   2016-02-04 2018-04-25
8. SUNTRUST BKS INC   2015-03-30 2018-04-25
2. UNITEDHEALTH GROUP INC   2018-02-09 2018-04-25
35.866 VANGUARD MID-CAP INDEX FUND-ADM   2015-03-27 2018-04-25
105.105 VANGUARD SMALL CAP INDEX FUND-ADM   2015-03-27 2018-04-25
1000. AMGEN INC 2.25% 8/19/23   2016-08-11 2018-05-04
1000. I B M CORP 3.45% 2/19/26   2016-02-16 2018-05-04
1000. US TREASURY N/B 1.625% 15 MAY 2026   2017-03-22 2018-05-04
1000. VERIZON COMMUNICATIONS 2.625% 15 AUG 2026   2016-07-27 2018-05-04
4000. AT&T INC 5.06% 5/15/18   2016-02-04 2018-05-15
3000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018   2015-08-27 2018-05-18
29. BRISTOL MYERS SQUIBB CO COM   2017-12-13 2018-05-23
27. CIMAREX ENERGY CO   2018-02-09 2018-05-23
16. GENERAL DYNAMICS CORPORATION COM   2016-09-19 2018-05-23
6.749 VANGUARD SMALL CAP INDEX FUND-ADM   2015-03-27 2018-05-23
715.738 ADVISERS INVT TR JOHCM INTL SL I   2017-12-14 2018-06-20
386.641 INVESCO INTL GRWTH-R5   2017-12-14 2018-06-20
3. ANALOG DEVICES INC   2017-12-13 2018-06-20
2. ANALOG DEVICES INC   2017-01-26 2018-06-20
4. EXPRESS SCRIPTS HLDG CO   2017-06-21 2018-06-20
2. FACEBOOK INC   2016-07-07 2018-06-20
3. INTUIT INC COM   2015-12-04 2018-06-20
2. UNION PACIFIC CORP   2015-03-30 2018-06-20
3000. CISCO SYSTEMS INC 1.6% 2/28/19   2016-02-24 2018-06-21
2000. US TREASURY N/B .75% 15 JUL 2019   2017-05-25 2018-06-21
3000. US TREASURY N/B .875% 15 JUL 2018   2018-01-05 2018-06-21
1000. KROGER CO 2.65% 15 OCT 2026   2016-08-30 2018-07-06
1000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-07-06
3000. US TREASURY N/B .875% 15 JUL 2018   2018-07-06 2018-07-16
1000. VALERO ENERGY CORP 3.4% 15 SEP 2026   2016-10-13 2018-08-06
5. INTEL CORP   2018-06-20 2018-08-14
68. INTEL CORP   2015-03-30 2018-08-14
95. PULTE HOMES INC   2018-02-09 2018-08-14
1000. US TREASURY N/B 1.625% 15 MAY 2026   2017-11-14 2018-09-07
3000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19   2015-04-06 2018-09-19
3000. SHELL INTERNATIONAL 1.375% 10 MAY 2019   2016-05-06 2018-09-19
2. GARRETT MOTION INC   2015-03-30 2018-10-02
.4001 GARRETT MOTION INC   2015-03-30 2018-10-12
.1999 GARRETT MOTION INC   2018-06-20 2018-10-12
25. BANK AMER CORP   2018-03-20 2018-10-16
4. CARNIVAL CORP   2018-06-20 2018-10-16
24. CARNIVAL CORP   2017-04-10 2018-10-16
19. COGNIZANT TECHNOLOGY SOLUTIONS   2016-02-04 2018-10-16
3. COGNIZANT TECHNOLOGY SOLUTIONS   2018-06-20 2018-10-16
23. EXPRESS SCRIPTS HLDG CO   2017-06-21 2018-10-16
18. FACEBOOK INC   2016-07-07 2018-10-16
12. GOLDMAN SACHS GROUP INC   2018-06-20 2018-10-16
5. SUNTRUST BKS INC   2018-06-20 2018-10-16
5. SUNTRUST BKS INC   2015-03-30 2018-10-16
.3334 RESIDEO TECHNOLOGIES INC   2018-06-20 2018-10-30
3.6666 RESIDEO TECHNOLOGIES INC   2015-03-30 2018-10-30
3000. ASTRAZENECA PLC 1.75% 11/16/18   2015-11-10 2018-10-31
1000. ASTRAZENECA PLC 1.75% 11/16/18   2018-05-07 2018-10-31
.3333 RESIDEO TECHNOLOGIES INC   2015-03-30 2018-11-13
3000. US TREASURY N/B 1.75% 15 MAY 2023   2018-01-18 2018-11-15
1000. AIR LEASE CORP 2.125% 15 JAN 2020   2018-03-12 2018-12-06
18. ANALOG DEVICES INC   2017-01-26 2018-12-06
9. APPLE COMPUTER INC COM   2018-08-14 2018-12-06
45. CF INDS HLDGS INC   2017-11-01 2018-12-06
45. CONTINENTAL RES INC OKLA   2018-06-20 2018-12-06
1000. TD AMERITRADE HOLDING CO 3.75% 01 APR   2018-10-30 2018-12-06
1000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-12-06
1000. US TREASURY N/B 1.625% 15 MAY 2026   2017-12-12 2018-12-06
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 971   1,000 -29
b 997   1,002 -5
c 989   998 -9
d 989   1,000 -11
e 998   1,002 -4
932   998 -66
1,031   1,035 -4
991   998 -7
1,971   2,007 -36
974   986 -12
939   948 -9
1,000   989 11
938   997 -59
2,956   3,011 -55
2,990   2,990  
3,523   4,011 -488
2,926   2,963 -37
982   986 -4
970   984 -14
3,619   3,712 -93
1,731   1,698 33
1,542   2,194 -652
735   521 214
1,786   1,331 455
3,000   3,000  
2,729   2,849 -120
956   966 -10
2,945   3,010 -65
2,944   3,010 -66
2,736   2,783 -47
1,599   1,548 51
506   384 122
5,216   4,430 786
5,203   5,216 -13
2,178   2,076 102
1,040   1,185 -145
3,280   3,765 -485
338   338  
1,510   1,879 -369
1,905   1,239 666
3,000   3,132 -132
4,000   3,989 11
4,180   4,042 138
300   301 -1
844   641 203
434   347 87
629   458 171
478   425 53
255   217 38
611   382 229
548   534 14
4,000   4,017 -17
486   313 173
751   582 169
327   199 128
538   330 208
465   435 30
6,832   5,685 1,147
7,465   6,090 1,375
934   1,000 -66
983   997 -14
907   937 -30
893   997 -104
4,000   4,052 -52
3,002   3,007 -5
1,513   1,839 -326
2,597   2,924 -327
3,268   2,442 826
500   391 109
17,178   15,394 1,784
13,482   13,890 -408
302   256 46
201   148 53
322   256 66
405   233 172
640   292 348
286   219 67
2,981   3,000 -19
1,966   1,972 -6
2,998   2,998  
892   1,005 -113
981   1,003 -22
3,000   3,000  
958   989 -31
242   267 -25
3,295   2,166 1,129
2,649   2,843 -194
913   944 -31
3,061   3,096 -35
2,978   2,993 -15
35   22 13
6   4 2
3   3  
704   803 -99
236   252 -16
1,416   1,401 15
1,387   1,191 196
219   237 -18
2,200   1,474 726
2,793   1,873 920
2,607   3,052 -445
307   345 -38
307   206 101
8   9 -1
83   68 15
2,999   3,000 -1
1,000   1,000  
7   6 1
2,854   2,898 -44
983   984 -1
1,588   1,336 252
1,551   1,712 -161
1,831   1,716 115
2,006   2,226 -220
1,003   998 5
983   1,002 -19
920   943 -23
      2,986
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       -29
b       -5
c       -9
d       -11
e       -4
      -66
      -4
      -7
      -36
      -12
      -9
      11
      -59
      -55
       
      -488
      -37
      -4
      -14
      -93
      33
      -652
      214
      455
       
      -120
      -10
      -65
      -66
      -47
      51
      122
      786
      -13
      102
      -145
      -485
       
      -369
      666
      -132
      11
      138
      -1
      203
      87
      171
      53
      38
      229
      14
      -17
      173
      169
      128
      208
      30
      1,147
      1,375
      -66
      -14
      -30
      -104
      -52
      -5
      -326
      -327
      826
      109
      1,784
      -408
      46
      53
      66
      172
      348
      67
      -19
      -6
       
      -113
      -22
       
      -31
      -25
      1,129
      -194
      -31
      -35
      -15
      13
      2
       
      -99
      -16
      15
      196
      -18
      726
      920
      -445
      -38
      101
      -1
      15
      -1
       
      1
      -44
      -1
      252
      -161
      115
      -220
      5
      -19
      -23
       
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 10,700
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 34,611 639,042 0.054161
2016 34,674 615,561 0.056329
2015 34,256 648,470 0.052826
2014 28,458 666,169 0.042719
2013 22,674 638,915 0.035488
2
Total of line 1, column (d) .....................
2
0.241523
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
0.048305
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
632,570
5
Multiply line 4 by line 3......................
5
30,556
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
141
7
Add lines 5 and 6........................
7
30,697
8
Enter qualifying distributions from Part XII, line 4,.............
8
34,775
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 1 141
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........................... 3 141
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- ..... 5 141
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 168
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.............. 7 168
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 27
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet27 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)
    bulletGA
    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 addressbulletNA
    14
    The books are in care ofbulletREGIONS BANK, TRUST DEPARTMENT Telephone no.bullet (205) 420-7753

    Located atbullet201 MILAN PARKWAYBIRMINGHAMAL ZIP+4bullet35211
    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
    REGIONS BANK TRUSTEE
    1     		9,875    
    201 MILAN PARKWAY
    BIRMINGHAM,AL35211
    RALPH RODGERS TRUSTEE
    2     		0    
    PO DRAWER 71727
    ALBANY,GA31708
    LEIGH BROOKS TRUSTEE
    2     		0    
    612 RUSELL ROAD
    ALBANY,GA31707
    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
    642,203
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    642,203
    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
    642,203
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    9,633
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    632,570
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    31,629
    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
    31,629
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    141
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    141
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    31,488
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    31,488
    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
    31,488
    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
    34,775
    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
    34,775
    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
    141
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    34,634
    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 31,488
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 19,758
    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$ 34,775
    a Applied to 2017, but not more than line 2a 19,758
    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..... 15,017
    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 ..........     		16,471
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    LILY PAD SANE CENTER INC
    P O BOX 70938
    ALBANY,GA31708     		NONE PC GENERAL OPERATING 4,500
    GIRLS INC
    P O BOX 1366
    ALBANY,GA31702     		NONE PC GENERAL OPERATING 12,000
    EASTER SEALS SOUTHERN GA INC
    1906 PALMYRA ROAD
    ALBANY,GA317011598     		NONE PC GENERAL OPERATING 4,000
    BOYS & GIRLS CLUBS OF ALBANY INC
    P O BOX 1130
    ALBANY,GA31702     		NONE PC GENERAL OPERATING 11,500
    Total .................................bullet 3a 32,000
    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 11,749  
    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 10,700  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   22,449  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    22,449
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 800     800

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AT&T INC 5.6% 5/15/18    
    CA INC 5.375% 12/1/19    
    CATERPILLAR 7.9% 12/15/18    
    COMCAST CORP 5.7% 7/1/19    
    GE CAP 5.3% 2/11/21    
    GOLDMAN SACHS 7.5% 2/15/19    
    INTEL CORP 3.3% 10/1/21    
    J P MORGAN CHASE 6.3% 4/23/19    
    MERRILL LYNCH 6.875% 4/25/18    
    ORACLE CORP 5.75% 4/15/18    
    PRUDENTIAL 4.5% 11/15/20    
    TARGET CORP 5.375% 5/1/17    
    TOYOTA MOTOR CRED 3.4% 9/15/21    
    WACHOVIA CORP 5.75% 6/15/17    
    ROYAL BK OF CAN 1.2%    
    APPLE INC 1% 5/3/18    
    JOHN DEERE CAPITAL CORP 2.3%    
    MORGAN STANLEY 3.7%    
    WALGREENS BOOTS ALLIANCE 3.8%    
    "AMERICAN EXPRESS CREDIT CORP    
    "AMGEN INC CALLABLE DTD08/19/    
    "ANHEUSER-BUSCH INBEV FIN DTD    
    "ASTRAZENECA PLC DTD 11/16/201    
    "BANK OF MONTREAL SERIES: MTN    
    "CHEVRON CORP CALLABLE DTD12/    
    "CISCO SYSTEMS INC DTD 02/29/2    
    "CITIGROUP INC DTD 10/26/2015    
    "DEUTSCHE BANK AG DTD 02/13/20    
    "FIFTH THIRD BANK CALLABLE DTD    
    "FORD MOTOR CREDIT DTD 06/06/2    
    "GILEAD SCIENCES INC CALLABLE    
    "GLAXOSMITHKLINE CAP PLC CALLA    
    "IBM CORP DTD 02/19/2016 3.45%    
    "KROGER CO/THE CALLABLE DTD10    
    "MARATHON OIL CORP CALLABLE DT    
    "MOLSON COORS BREWING CO DTD    
    "PEPSICO INC SERIES: 1 DTD10/    
    "SHELL INTL FIN DTD 05/10/2016    
    "SUNTRUST BKS INC CALLABLE DTD    
    "TEVA PHARMACEUTICALS NE DTD0    
    "TORONTO-DOMINION BANK SERIES    
    "UNITED HEALTH GROUP INC DTD0    
    "VALERO ENERGY CORP CALLABLE    
    "VERIZON COMMUNICATIONS CALLAB    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO    
    ALLERGAN PLC    
    ALPHABET INC CA-CL A    
    ALPHABET INC CA-CL C    
    ALTRIA GROUP INC    
    AMAZON.COM INC    
    AMERICAN INTL GROUP INC    
    APPLE INC    
    AT&T INC    
    BLACKROCK INC    
    BRISTOL MYERS SQUIBB CO    
    CELGENE CORP    
    CHEVRON CORP    
    CHUBB LIMITED    
    CISCO SYSTEMS INC    
    CITIGROUP INC    
    COCA COLA CO    
    "COGNIZANT TECHNOLOGY SOLUTION    
    CVS HEALTH CORPORATION    
    DOLLAR GENERAL CORP    
    "EATON CORP PLC ISIN:IE00B8KQ    
    ECOLAB INC    
    EXXON MOBIL CORP    
    FACEBOOK INC - A    
    GENERAL DYNAMICS CORP    
    GENERAL ELECTRIC CO    
    HOME DEPOT INC    
    HONEYWELL INTERNATIONAL INC    
    INTEL CORP    
    INTUIT INC    
    INVESCO LTD    
    J P MORGAN CHASE & CO    
    "LYONDELLBASELL INDUSTRIES - C    
    MATTEL INC    
    MCDONALDS CORP    
    MEDTRONIC PLC    
    MERCK & CO. INC. NEW    
    MICROCHIP TECHNOLOGY INC    
    MONDELEZ INTERNATIONAL    
    NEXTERA ENERGY, INC.    
    ORACLE CORPORATION    
    PEPSICO INC    
    PFIZER INC    
    PRUDENTIAL FINANCIAL INC    
    QUALCOMM INC    
    SCHLUMBERGER LTD    
    SOUTHERN CO    
    STARBUCKS CORP    
    STRYKER CORP    
    SUNTRUST BKS INC    
    THERMO FISHER SCIENTIFIC, INC.    
    UNION PAC CORP    
    UNITED TECHNOLOGIES CORP    
    VANGUARD MID-CAP INDEX FUND-AD    
    "VANGUARD SMALL CAP INDEXFUND    
    "VANGUARD TOTAL INTERNATIONAL    
    VERIZON COMMUNICATIONS    
    VERTEX PHARMACEUTICALS INC    
    WAL MART STORES INC    
    WASTE MANAGEMENT INC    
    WELLS FARGO & CO    
    WHOLE FOODS MKT INC    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADVISERS INVT TR JOHCM INTL SL      
    BARON EMERGING MARKETS FUND      
    AIR PRODUCTS & CHEMICALS INC      
    ANALOG DEVICES INC      
    APPLE INC 2.3% 11 MAY 2022      
    BANK OF AMERICA CORP 6.875% 25      
    HCP INC      
    BIOGEN INC 2.9% 15 SEP 2020      
    CARNIVAL CORP      
    CF INDUSTRIES HOLDINGS INC      
    CAPITAL ONE FINANCIAL CORP 2.5      
    CIMAREX ENERGY CO      
    COMCAST CORP-CLASS A      
    CONTINENTAL RESOURCES INC/OK      
    ELI LILLY & CO      
    INVESCO INTERNATIONAL GROWTH F      
    EXPRESS SCRIPTS HOLDING CO      
    JB HUNT TRANSPORT SERVICES INC      
    PALO ALTO NETWORKS INC      
    PPL CORP      
    PROCTER & GAMBLE CO/THE      
    PULTEGROUP INC      
    SABRE CORP      
    UNITED PARCEL SERVICE INC      
    10373QAB6 BP CAP MARKETS AMERI AT COST 3,004 3,014
    008882771 AIM INTERNATIONAL GR AT COST 41,437 34,484
    09062XAC7 BIOGEN INC AT COST 4,061 3,970
    143658300 CARNIVAL CORP AT COST 1,823 1,578
    17275R102 CISCO SYS INC AT COST 3,879 4,723
    20030N101 COMCAST CORP NEW CL AT COST 3,675 3,337
    24422ESS9 JOHN DEERE CAPITAL C AT COST 1,999 1,989
    445658107 HUNT JB TRANS SVCS I AT COST 2,816 2,698
    46625H100 J P MORGAN CHASE & C AT COST 3,853 5,174
    580135101 MC DONALDS CORPORATI AT COST 2,944 4,262
    594918104 MICROSOFT CORP COM AT COST 9,193 9,954
    172967KB6 CITIGROUP INC AT COST 2,997 2,960
    26875P101 EOG RES INC AT COST 3,918 2,791
    697435105 PALO ALTO NETWORKS I AT COST 1,309 1,695
    00912XAU8 AIR LEASE CORP 2.125 AT COST 2,951 2,957
    031162CH1 AMGEN INC AT COST 3,886 3,786
    151020104 CELGENE CORP AT COST 2,379 1,538
    172967424 CITIGROUP INC AT COST 3,651 2,967
    20030NAZ4 COMCAST CORP AT COST 3,245 3,035
    278865100 ECOLAB INC COM AT COST 1,387 1,768
    369622SM8 GENERAL ELEC CAP COR AT COST 4,244 4,005
    58933Y105 MERCK & CO INC AT COST 3,587 4,661
    02079K305 ALPHABET INC/CA AT COST 1,903 3,135
    06416CAB4 BANK OF NOVA SCOTIA AT COST 2,944 2,966
    06828M876 BARON EMERGING MARKE AT COST 59,805 55,301
    192446102 COGNIZANT TECHNOLOGY AT COST 1,558 1,650
    26078JAB6 DOWDUPONT INC 4.205% AT COST 3,001 3,066
    26441CAW5 DUKE ENERGY CORP 2.4 AT COST 2,932 2,882
    345397XK4 FORD MOTOR CREDIT CO AT COST 2,028 1,960
    375558BF9 GILEAD SCIENCES INC AT COST 2,996 2,941
    65339F101 NEXTERA ENERGY INC AT COST 1,994 3,129
    717081103 PFIZER INC COM AT COST 3,370 4,496
    74432QBP9 PRUDENTIAL FINANCIAL AT COST 3,065 3,069
    808513AW5 THE CHARLES SCHWAB C AT COST 3,003 3,015
    87236YAH1 TD AMERITRADE HOLDIN AT COST 2,993 3,051
    883556102 THERMO ELECTRON CORP AT COST 2,907 3,804
    907818108 UNION PACIFIC CORP AT COST 1,101 1,797
    79466L302 SALESFORCE COM INC AT COST 1,810 1,781
    85771PAN2 STATOIL ASA AT COST 4,052 4,075
    89233P5F9 TOYOTA MOTOR CREDIT AT COST 3,043 3,024
    94988J5N3 WELLS FARGO BANK NA AT COST 2,999 2,963
    98978V103 ZOETIS INC AT COST 3,845 3,593
    N53745100 LYONDELLBASELL INDU- AT COST 1,497 1,414
    778296103 ROSS STORES INC AT COST 1,941 1,747
    912828H52 UNITED STATES TREAS AT COST 15,011 14,782
    92826C839 VISA INC AT COST 4,781 4,486
    437076102 HOME DEPOT INC USD 0 AT COST 2,830 3,436
    458140AJ9 INTEL CORP AT COST 3,032 3,032
    461202103 INTUIT INC COM AT COST 876 1,772
    61761JVL0 MORGAN STANLEY AT COST 4,038 3,934
    00206R102 AT&T INC AT COST 3,962 3,425
    00770G847 JOHCM INTERNATIONAL AT COST 35,464 35,807
    0258M0DX4 AMERICAN EXPRESS CRE AT COST 2,997 2,969
    3135G0K36 FED NATL MTG ASSN AT COST 3,694 3,810
    60871RAC4 MOLSON COORS BREWING AT COST 2,042 1,988
    867914BM4 SUNTRUST BANKS INC 2 AT COST 1,997 1,951
    912828R36 U S TREASURY NOTE AT COST 12,979 13,074
    913017109 UNITED TECHNOLOGIES AT COST 3,439 3,301
    91324P102 UNITED HEALTH GROUP AT COST 3,264 3,737
    742718109 PROCTER & GAMBLE CO AT COST 3,690 3,677
    9128283W8 US TREASURY N/B 2.75 AT COST 2,921 3,016
    922908686 VANGUARD INDEX TR AT COST 32,465 34,742
    92939U106 WEC ENERGY GROUP INC AT COST 3,795 3,809
    931427AH1 WALGREENS BOOTS ALLI AT COST 2,002 1,970
    713448108 PEPSICO INC AT COST 4,520 4,972
    744320102 PRUDENTIAL FINL INC AT COST 1,663 1,631
    863667101 STRYKER CORP AT COST 1,965 2,508
    867914103 SUNTRUST BANKS INC AT COST 1,897 2,320
    912828S43 UNITED STATES TREAS AT COST 4,926 4,951
    912828VB3 U S TREASURY NOTE AT COST 1,824 1,938
    912828WZ9 U S TREASURY NOTE AT COST 6,870 6,838
    91913YAU4 VALERO ENERGY CORP 3 AT COST 2,931 2,752
    02079K107 ALPHABET INC AT COST 2,142 3,107
    037833CQ1 APPLE INC 2.3% 11 MA AT COST 2,995 2,928
    06406RAH0 BANK OF NY MELLON CO AT COST 3,991 4,034
    09247X101 BLACKROCK INC CL A AT COST 2,187 1,964
    78012KKU0 ROYAL BANK OF CANADA AT COST 3,000 2,966
    931142103 WAL MART STORES INC AT COST 4,988 5,216
    G29183103 EATON CORP PLC AT COST 3,001 3,433
    023135106 AMAZON COM INC AT COST 3,230 6,008
    02665WCD1 AMERICAN HONDA FINAN AT COST 2,996 2,966
    060505104 BANK AMER CORP AT COST 5,361 4,164
    06367THQ6 BANK OF MONTREAL AT COST 2,998 2,977
    12572Q105 CME GROUP INC AT COST 1,764 1,881
    14040HBP9 CAPITAL ONE FINANCIA AT COST 3,999 3,948
    31677QBG3 FIFTH THIRD BANK AT COST 3,003 2,929
    438516106 HONEYWELL INTL INC AT COST 2,676 3,435
    46625HHL7 JP MORGAN CHASE & CO AT COST 3,058 3,029
    501044DE8 KROGER CO 2.65% 15 O AT COST 3,768 3,562
    579780206 MC CORMICK & CO INC AT COST 2,869 2,924
    912828J27 U S TREASURY NOTE AT COST 16,663 16,445
    912828MP2 U S TREASURY NOTE AT COST 3,105 3,031
    912828PC8 U S TREASURY NOTE AT COST 7,103 7,013
    931142ED1 WALMART INC 3.55% 26 AT COST 2,995 3,033
    H1467J104 CHUBB LTD AT COST 3,499 3,875
    911312106 UNITED PARCEL SVC IN AT COST 3,704 3,218
    922908645 VANGUARD IDX TR MID- AT COST 34,021 36,022
    92343V104 VERIZON COMMUNICATIO AT COST 3,914 4,498
    92343VDD3 VERIZON COMMUNICATIO AT COST 3,811 3,627
    126408HJ5 CSX CORP 3.8% 01 MAR AT COST 3,001 2,943
    126650DA5 CVS HEALTH CORP 3.12 AT COST 3,003 2,994
    166764100 CHEVRONTEXACO CORP AT COST 3,252 3,372
    256677105 DOLLAR GENERAL CORP AT COST 1,871 2,162
    30231G102 EXXON MOBIL CORP AT COST 3,889 3,273
    459200JG7 I B M CORP AT COST 2,992 2,918
    532457108 ELI LILLY & CO COM AT COST 3,569 5,092
    539439AR0 LLOYDS BANKING GROUP AT COST 3,003 2,846
    009158106 AIR PRODUCTS AND CHE AT COST 1,812 2,081
    037833100 APPLE COMPUTER INC C AT COST 5,643 6,625

    TY 2018 OtherDecreasesSchedule
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Description Amount
    MF TIMING DIFFERENCE 11
    COST BASIS ADJUSTMENT 459


    TY 2018 TaxesSchedule
    Name:
    BADGLEY MEMORIAL FUND (PRE 1969 CHARITABLE
    EIN:
    58-6025557
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 300 300   0
    FEDERAL TAX PAYMENT - PRIOR YE 115 0   0
    FEDERAL ESTIMATES - PRINCIPAL 168 0   0