TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
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Go 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
JEFFERSON CHRISTIAN ACADEMY SCHOLARSHIP

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 11647
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202

A Employer identification number

61-6520033

B Telephone number (see instructions)

(205) 420-7753

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$583,035J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	12,784		12,689
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		12,138
b	Gross sales price for all assets on line 6a 253,327
7	Capital gain net income (from Part IV, line 2)...			12,138
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).......		6
12	Total. Add lines 1 through 11........	24,928		24,827
13	Compensation of officers, directors, trustees, etc.	6,124		4,900		1,225
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).......		800	0	0	800
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		776	326		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).......		1,760	1,760
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	9,460		6,986	0	2,025
25	Contributions, gifts, grants paid.......	31,265				31,265
26	Total expenses and disbursements. Add lines 24 and 25	40,725		6,986	0	33,290
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-15,797
b	Net investment income (if negative, enter -0-)			17,841
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	13
	2	Savings and temporary cash investments.........	50,839	28,714	28,714
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	98,008
	b	Investments—corporate stock (attach schedule).......	166,907
	c	Investments—corporate bonds (attach schedule).......	106,498
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	164,626	542,533	554,321
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	586,891	571,247	583,035
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	586,891	571,247
	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).....	586,891	571,247
	31	Total liabilities and net assets/fund balances (see instructions).	586,891	571,247

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

586,891

Enter amount from Part I, line 27a .....................

-15,797

Other increases not included in line 2 (itemize) bullet

153

Add lines 1, 2, and 3 ..........................

571,247

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

571,247

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	28.54 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-01-01
b	44.41 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-01-01
c	86.65 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-01-01
d	69.25 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-01-01
e	36.24 FG J12243 4% 01 MAY 2025	2014-01-08	2018-01-01
	32.68 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-01-01
	40.12 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-01-01
	29.26 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-01-01
	22.11 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-01-01
	18.49 FG A95822 4% 01 DEC 2040	2014-01-08	2018-01-01
	7.6 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-01-01
	46.06 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-01-01
	34.88 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-01-01
	42.92 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-01-01
	34.89 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-01-01
	13.31 FN AL2654 3% 01 NOV 2027	1901-01-01	2018-01-01
	26.67 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-01-01
	29.75 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-01-01
	17. FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-01-01
	56.22 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-01-01
	14.4 FN 735212 5% 01 DEC 2034	2016-01-08	2018-01-01
	37.38 FN 932837 3% 01 DEC 2025	2016-01-08	2018-01-01
	16.2 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-01-01
	30.54 FNMA POOL 0995203	2014-01-08	2018-01-01
	22.22 FNMA POOL 0AA4315	2014-01-08	2018-01-01
	17.97 FNMA POOL 0AC8512	2016-01-08	2018-01-01
	23.57 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-01-01
	34.41 FNMA POOL 0AE3066	2014-01-08	2018-01-01
	11.65 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-01-01
	6000. US TREASURY N/B 1.25% 31 JAN 2020	2016-10-06	2018-01-10
	3000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-01-12
	3000. US TREASURY N/B .75% 15 JUL 2019	2017-08-28	2018-01-17
	3000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023	2016-07-19	2018-01-18
	3000. US TREASURY N/B 1.75% 30 APR 2022	2017-02-06	2018-01-19
	1. ALPHABET INC/CA	2015-12-11	2018-01-26
	45. AMERICAN INTERNATIONAL GROUP	2017-01-04	2018-01-26
	6. ANALOG DEVICES INC	2017-01-04	2018-01-26
	11. ASSOCIATED BRIT FOODS LTD ADR NEW	2017-09-05	2018-01-26
	17. BANCA MEDIOLANUM SPA-ADR	2017-09-05	2018-01-26
	8. CELGENE CORP	2016-09-13	2018-01-26
	3. CHEVRON CORP	2017-09-05	2018-01-26
	2. CHEVRON CORP	2016-06-03	2018-01-26
	12. CISCO SYSTEMS INC	2014-10-22	2018-01-26
	18. CONVATEC GROUP PLC-UNSP ADR	2017-09-05	2018-01-26
	7. DOLLAR GENERAL CORP	2016-06-30	2018-01-26
	12. ECOLAB INC COM	2014-05-01	2018-01-26
	7. EXPRESS SCRIPTS HLDG CO	2017-06-01	2018-01-26
	14. FANUC CORP-UNSP ADR	2016-12-12	2018-01-26
	3. GENERAL DYNAMICS CORPORATION COM	2016-09-13	2018-01-26
	5. HOME DEPOT INC	2017-09-05	2018-01-26
	4. HONEYWELL INTL INC	2014-07-10	2018-01-26
	24. INTEL CORP	2014-07-10	2018-01-26
	3. INTUIT INC COM	2014-07-10	2018-01-26
	20. ISHARES CORE S&P MIDCAP ETF	2014-07-10	2018-01-26
	22. ISHARES RUSSELL 2000 INDEX FD	2014-07-10	2018-01-26
	6. KBC GROEP NV	2017-01-20	2018-01-26
	70. MONDELEZ INTERNATIONAL INC	2016-01-27	2018-01-26
	37. PPL CORP	2017-06-01	2018-01-26
	10. PFIZER INC COM	2015-07-31	2018-01-26
	24. REGAL ENTMT GROUP	2017-09-05	2018-01-26
	69. REGAL ENTMT GROUP	2017-01-04	2018-01-26
	44. SCHLUMBERGER LTD	2014-12-04	2018-01-26
	29. SOUTHERN CO	2015-12-11	2018-01-26
	8. STARBUCKS CORP COM	2017-09-05	2018-01-26
	45. STARBUCKS CORP COM	2016-06-03	2018-01-26
	12. SUNTRUST BKS INC	2015-03-12	2018-01-26
	3. 3M CO COM	2014-01-28	2018-01-26
	4. UNION PACIFIC CORP	2014-07-10	2018-01-26
	5. UNITED TECHNOLOGIES CORP	2014-07-10	2018-01-26
	10. VERIZON COMMUNICATIONS COM	2014-09-09	2018-01-26
	21. WELLS FARGO & CO NEW COM	2014-07-10	2018-01-26
	3. ALLERGAN PLC	2017-09-05	2018-01-26
	10. ALLERGAN PLC	2016-06-03	2018-01-26
	5. EATON CORP PLC	2016-04-19	2018-01-26
	13. INVESCO LTD	2014-01-02	2018-01-26
	2. CHUBB LIMITED COM	2017-09-05	2018-01-26
	5. LYONDELLBASELL INDU-CL A	2014-11-05	2018-01-26
	25.04 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-02-01
	28.5 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-02-01
	81.73 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-02-01
	69.93 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-02-01
	38.81 FG J12243 4% 01 MAY 2025	2014-01-08	2018-02-01
	40.17 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-02-01
	34.63 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-02-01
	24.09 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-02-01
	29.4 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-02-01
	17.96 FG A95822 4% 01 DEC 2040	2014-01-08	2018-02-01
	6.12 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-02-01
	31.43 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-02-01
	31.03 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-02-01
	41.72 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-02-01
	35.47 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-02-01
	12.59 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-02-01
	36.99 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-02-01
	21.55 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-02-01
	14.6 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-02-01
	39.08 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-02-01
	22.11 FN 735212 5% 01 DEC 2034	2016-01-08	2018-02-01
	27.63 FN 932837 3% 01 DEC 2025	2016-01-08	2018-02-01
	19.56 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-02-01
	25.43 FNMA POOL 0995203	2014-01-08	2018-02-01
	21.55 FNMA POOL 0AA4315	2014-01-08	2018-02-01
	15.31 FNMA POOL 0AC8512	2016-01-08	2018-02-01
	19.86 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-02-01
	39.28 FNMA POOL 0AE3066	2014-01-08	2018-02-01
	41.32 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-02-01
	54. COCA-COLA CO USD	2016-06-03	2018-02-09
	9. COCA-COLA CO USD	2017-09-05	2018-02-09
	42. COMCAST CORP NEW CL A	2017-01-04	2018-02-09
	47. HCP INC	2017-06-01	2018-02-09
	6. NEXTERA ENERGY INC	2014-07-10	2018-02-09
	5. 3M CO COM	2014-01-28	2018-02-09
	3000. DEUTSCHE BANK AG LONDON 1.875% 13 FEB 2018	2016-01-07	2018-02-13
	1000. US TREASURY N/B .75% 15 JUL 2019	2017-08-28	2018-02-13
	34. WORLDPAY GROUP PLC	2017-09-05	2018-02-14
	2000. US TREASURY N/B 1.625% 15 MAY 2026	2017-11-28	2018-02-16
	1000. US TREASURY N/B 1.625% 15 MAY 2026	2017-09-07	2018-02-16
	15.26 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-03-01
	33.15 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-03-01
	72.13 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-03-01
	63.52 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-03-01
	26.29 FG J12243 4% 01 MAY 2025	2014-01-08	2018-03-01
	29.22 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-03-01
	33.1 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-03-01
	16.37 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-03-01
	42.31 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-03-01
	19.3 FG A95822 4% 01 DEC 2040	2014-01-08	2018-03-01
	12.89 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-03-01
	29.52 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-03-01
	24.72 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-03-01
	37.76 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-03-01
	21.91 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-03-01
	14.39 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-03-01
	15.64 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-03-01
	28.28 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-03-01
	14.98 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-03-01
	66.37 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-03-01
	21.55 FN 735212 5% 01 DEC 2034	2016-01-08	2018-03-01
	23.23 FN 932837 3% 01 DEC 2025	2016-01-08	2018-03-01
	14.31 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-03-01
	24.92 FNMA POOL 0995203	2014-01-08	2018-03-01
	22.78 FNMA POOL 0AA4315	2014-01-08	2018-03-01
	16.07 FNMA POOL 0AC8512	2016-01-08	2018-03-01
	17.64 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-03-01
	30.1 FNMA POOL 0AE3066	2014-01-08	2018-03-01
	15.91 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-03-01
	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	2017-12-06	2018-03-16
	24. ALTRIA GROUP INC	2016-01-27	2018-03-20
	6. COGNIZANT TECHNOLOGY SOLUTIONS	2016-01-27	2018-03-20
	86. ORACLE CORPORATION COM	2015-09-08	2018-03-20
	66. WELLS FARGO & CO NEW COM	2014-09-09	2018-03-20
	40. INVESCO LTD	2017-09-05	2018-03-20
	36. INVESCO LTD	2014-02-27	2018-03-20
	102. ROYAL KPN NV	2018-01-26	2018-03-28
	48.71 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-04-01
	23.53 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-04-02
	37.3 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-04-02
	68.1 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-04-02
	67.78 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-04-02
	36.74 FG J12243 4% 01 MAY 2025	2014-01-08	2018-04-02
	39.7 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-04-02
	33.08 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-04-02
	15.31 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-04-02
	19.24 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-04-02
	14.4 FG A95822 4% 01 DEC 2040	2014-01-08	2018-04-02
	15.47 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-04-02
	42.96 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-04-02
	37.34 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-04-02
	24.37 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-04-02
	13.56 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-04-02
	17.71 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-04-02
	35.04 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-04-02
	15.43 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-04-02
	67.22 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-04-02
	10.81 FN 735212 5% 01 DEC 2034	2016-01-08	2018-04-02
	25.36 FN 932837 3% 01 DEC 2025	2016-01-08	2018-04-02
	17.41 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-04-02
	27.4 FNMA POOL 0995203	2014-01-08	2018-04-02
	21.99 FNMA POOL 0AA4315	2014-01-08	2018-04-02
	15.74 FNMA POOL 0AC8512	2016-01-08	2018-04-02
	17.37 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-04-02
	38.37 FNMA POOL 0AE3066	2014-01-08	2018-04-02
	9.62 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-04-02
	4000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-04-05
	1000. US TREASURY N/B 1.625% 15 MAY 2026	2017-11-14	2018-04-05
	3000. US TREASURY N/B .75% 15 JUL 2019	2017-08-28	2018-04-11
	33. PROCTER & GAMBLE CO	2017-06-20	2018-04-13
	21. SABRE CORP	2017-09-05	2018-04-13
	60. SABRE CORP	2017-01-04	2018-04-13
	19. WASTE MGMT INC DEL COM	2014-12-04	2018-04-13
	2000. ORACLE CORP 5.75% 15 APR 2018	2014-01-08	2018-04-16
	1000. ORACLE CORP 5.75% 15 APR 2018	2017-09-07	2018-04-16
	6000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019	2016-10-06	2018-04-23
	1000. BANK OF AMERICA CORP 6.875% 25 APR 2018	2017-09-07	2018-04-25
	2000. BANK OF AMERICA CORP 6.875% 25 APR 2018	2014-01-08	2018-04-25
	22.13 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-05-01
	35.87 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-05-01
	67.65 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-05-01
	71.67 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-05-01
	34.51 FG J12243 4% 01 MAY 2025	2014-01-08	2018-05-01
	29.86 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-05-01
	32.2 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-05-01
	15.69 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-05-01
	27.97 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-05-01
	17.37 FG A95822 4% 01 DEC 2040	2014-01-08	2018-05-01
	8.43 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-05-01
	34.05 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-05-01
	35.93 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-05-01
	43.43 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-05-01
	26.3 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-05-01
	14.81 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-05-01
	52.51 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-05-01
	15.3 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-05-01
	15.5 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-05-01
	51.71 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-05-01
	15.93 FN 735212 5% 01 DEC 2034	2016-01-08	2018-05-01
	27.47 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-05-01
	23.78 FN 932837 3% 01 DEC 2025	2016-01-08	2018-05-01
	11.31 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-05-01
	27.59 FNMA POOL 0995203	2014-01-08	2018-05-01
	24.52 FNMA POOL 0AA4315	2014-01-08	2018-05-01
	18.62 FNMA POOL 0AC8512	2016-01-08	2018-05-01
	26.39 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-05-01
	32.65 FNMA POOL 0AE3066	2014-01-08	2018-05-01
	9.03 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-05-01
	3000. AT&T INC 5.06% 5/15/18	2016-10-06	2018-05-15
	3000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018	2016-01-07	2018-05-18
	22. BRISTOL MYERS SQUIBB CO COM	2018-01-26	2018-05-23
	20. CIMAREX ENERGY CO	2018-02-09	2018-05-23
	12. GENERAL DYNAMICS CORPORATION COM	2016-09-13	2018-05-23
	24.09 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-06-01
	46.62 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-06-01
	83.13 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-06-01
	72.11 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-06-01
	33.33 FG J12243 4% 01 MAY 2025	2014-01-08	2018-06-01
	37.34 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-06-01
	35.1 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-06-01
	18.58 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-06-01
	28.3 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-06-01
	24.09 FG A95822 4% 01 DEC 2040	2014-01-08	2018-06-01
	14.52 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-06-01
	32.78 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-06-01
	32.78 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-06-01
	32.92 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-06-01
	33.88 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-06-01
	12.76 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-06-01
	21.09 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-06-01
	36.52 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-06-01
	15.25 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-06-01
	67.52 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-06-01
	19.54 FN 735212 5% 01 DEC 2034	2016-01-08	2018-06-01
	34.02 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-06-01
	19.43 FN 932837 3% 01 DEC 2025	2016-01-08	2018-06-01
	11.5 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-06-01
	24.63 FNMA POOL 0995203	2014-01-08	2018-06-01
	21.55 FNMA POOL 0AA4315	2014-01-08	2018-06-01
	12.34 FNMA POOL 0AC8512	2016-01-08	2018-06-01
	22.15 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-06-01
	32.58 FNMA POOL 0AE3066	2014-01-08	2018-06-01
	8.28 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-06-01
	12. CARLSBERG AS-B-SPON ADR	2018-01-26	2018-06-18
	13. DEUTSCHE POST AG SPONSORED ADR	2018-01-26	2018-06-18
	11. EQUINOR ASA-SPON ADR	2018-01-26	2018-06-18
	6. SONY CORP - SPONSORED ADR ONE ADR REPRS ONE ORD SHARES	2018-01-26	2018-06-18
	5. UNILEVER PLC SPONSORED ADR	2017-09-05	2018-06-18
	3000. CISCO SYSTEMS INC 1.6% 2/28/19	2016-02-26	2018-06-21
	309.49 ADVISERS INVT TR JOHCM INTL SL I	2018-01-26	2018-06-27
	6. CONTINENTAL RES INC OKLA	2018-01-26	2018-06-27
	12. DAIWA HOUSE INDUS-UNSP ADR	2018-01-26	2018-06-27
	2. FACEBOOK INC	2016-06-03	2018-06-27
	28. ISHARES CORE S&P MIDCAP ETF	2014-07-10	2018-06-27
	44. ISHARES RUSSELL 2000 INDEX FD	2014-07-10	2018-06-27
	7. MAKITA CORP ADR NEW	2018-01-26	2018-06-27
	3. PALO ALTO NETWORKS INC	2017-01-04	2018-06-27
	8. PRUDENTIAL PLC ADR	2018-01-26	2018-06-27
	3.00122 ROYAL DUTCH SHELL PLC-ADR	2018-01-26	2018-06-27
	.99878 ROYAL DUTCH SHELL PLC-ADR	2018-01-26	2018-06-27
	4. RYOHIN KEIKAKU CO -UNSP ADR	2018-01-26	2018-06-27
	14. SAP SE ONE ADR REPRS 1/12TH OF A PREF SH	2018-01-26	2018-06-27
	7. TOKYO ELECTRON LTD - UNSPONSORED ADR	2018-01-26	2018-06-27
	3000. US TREASURY N/B 1.25% 31 JAN 2020	2017-09-07	2018-06-27
	3000.18591 US TREASURY N/B 1.25% 31 JAN 2020	2016-06-06	2018-06-27
	4999.81409 US TREASURY N/B 1.25% 31 JAN 2020	2016-02-10	2018-06-27
	6. ACCENTURE PLC IRELAND SHS CL A	2017-09-05	2018-06-27
	3. ACCENTURE PLC IRELAND SHS CL A	2018-01-26	2018-06-27
	3. MEDTRONIC PLC	2018-01-26	2018-06-27
	.6842 FERGUSON PLC-ADR	2018-01-26	2018-06-29
	19.22 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-07-02
	38.84 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-07-02
	81.16 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-07-02
	74.19 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-07-02
	27.27 FG J12243 4% 01 MAY 2025	2014-01-08	2018-07-02
	41.37 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-07-02
	40.16 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-07-02
	18.82 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-07-02
	20.71 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-07-02
	18.54 FG A95822 4% 01 DEC 2040	2014-01-08	2018-07-02
	8.37 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-07-02
	43.65 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-07-02
	39.13 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-07-02
	38.69 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-07-02
	28.15 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-07-02
	12.17 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-07-02
	34.94 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-07-02
	33.75 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-07-02
	15.68 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-07-02
	73.06 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-07-02
	13.65 FN 735212 5% 01 DEC 2034	2016-01-08	2018-07-02
	36.16 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-07-02
	31.41 FN 932837 3% 01 DEC 2025	2016-01-08	2018-07-02
	12.62 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-07-02
	25.52 FNMA POOL 0995203	2014-01-08	2018-07-02
	22.84 FNMA POOL 0AA4315	2014-01-08	2018-07-02
	14.69 FNMA POOL 0AC8512	2016-01-08	2018-07-02
	19.2 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-07-02
	46.39 FNMA POOL 0AE3066	2014-01-08	2018-07-02
	9.14 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-07-02
	1000. US TREASURY N/B 2.625% 15 NOV 2020	2016-06-06	2018-07-06
	1000. US TREASURY N/B 1.75% 30 APR 2022	2017-02-15	2018-07-06
	5. BHP BILLITON LIMITED	2018-01-26	2018-07-10
	9. TOKYO ELECTRON LTD - UNSPONSORED ADR	2017-09-05	2018-07-10
	5. ABB LTD	2018-01-26	2018-07-19
	7. ABN AMRO GROUP NV-UNSP ADR	2018-01-26	2018-07-19
	2. ANHEUSER BUSCH INBEV SPN ADR	2017-09-05	2018-07-19
	1. ASHTEAD GROUP PLC-UNSPON ADR	2018-01-26	2018-07-19
	21. ASSA ABLOY AB - UNSP ADR	2018-01-26	2018-07-19
	4. BRITISH AMERICAN TOBACCO	2018-01-26	2018-07-19
	1. CANADIAN NATL RY CO	2018-01-26	2018-07-19
	5. CARLSBERG AS-B-SPON ADR	2018-01-26	2018-07-19
	12. COMPAGNIE FINANCIERE RICH-UNSP ADR	2018-01-26	2018-07-19
	11. COMPASS GROUP PLC-SPON ADR	2018-01-26	2018-07-19
	1. CONTINENTAL AG SPONSORED ADR	2015-12-08	2018-07-19
	4. CONTINENTAL AG SPONSORED ADR	2018-01-26	2018-07-19
	2. DBS GROUP HLDGS LTD	2018-01-26	2018-07-19
	3. EQUINOR ASA-SPON ADR	2017-09-05	2018-07-19
	23. FERGUSON PLC-ADR	2018-01-26	2018-07-19
	2. FRESENIUS SE & CO-SPN ADR	2018-01-26	2018-07-19
	4. INFORMA PLC-SP ADR	2018-01-26	2018-07-19
	5. KAO CORP	2018-01-26	2018-07-19
	9. KDDI CORP-UNSPONSORED ADR	2017-09-05	2018-07-19
	4. KOMATSU LTD SPON ADR NEW	2018-01-26	2018-07-19
	8. NORDEA BANK SWEDEN AB	2018-01-26	2018-07-19
	2. NOVARTIS AG-ADR	2018-01-26	2018-07-19
	3. RED ELECTRICA COR-UNSPON ADR	2018-01-26	2018-07-19
	1. RYANAIR HOLDINGS PLC-SP ADR	2018-01-26	2018-07-19
	7. SAFRAN SA-UNSPON ADR	2018-06-18	2018-07-19
	4. SAMPO OYJ-A SHS-UNSP ADR	2018-01-26	2018-07-19
	4. SAMPO OYJ-A SHS-UNSP ADR	2016-12-12	2018-07-19
	2. SONY CORP - SPONSORED ADR ONE ADR REPRS ONE ORD SHARES	2017-09-05	2018-07-19
	28. SUMITOMO MITSUI-SPONS ADR	2018-01-26	2018-07-19
	7. TELENOR ASA-ADR	2018-01-26	2018-07-19
	9. UBISOFT ENTERTAIN-UNSPON ADR	2018-06-18	2018-07-19
	4. UNILEVER PLC SPONSORED ADR	2017-09-05	2018-07-19
	7. VALEO ADR	2018-01-26	2018-07-19
	9. VINCI S.A.-UNSPONS ADR	2018-01-26	2018-07-19
	3. WOLTERS KLUWER N V SPONSORED ADR	2018-01-26	2018-07-19
	1. AON CORP	2018-01-26	2018-07-19
	1. MEDTRONIC PLC	2018-01-26	2018-07-19
	23.11 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-08-01
	40.11 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-08-01
	69.19 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-08-01
	71.59 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-08-01
	26.25 FG J12243 4% 01 MAY 2025	2014-01-08	2018-08-01
	25.16 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-08-01
	32.9 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-08-01
	13.21 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-08-01
	15.68 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-08-01
	18.35 FG A95822 4% 01 DEC 2040	2014-01-08	2018-08-01
	16.31 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-08-01
	36.14 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-08-01
	31.21 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-08-01
	46.24 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-08-01
	22.51 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-08-01
	16.29 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-08-01
	38.5 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-08-01
	24.1 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-08-01
	14.67 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-08-01
	68.13 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-08-01
	10.56 FN 735212 5% 01 DEC 2034	2016-01-08	2018-08-01
	41.44 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-08-01
	13.81 FN 932837 3% 01 DEC 2025	2016-01-08	2018-08-01
	14.45 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-08-01
	24.78 FNMA POOL 0995203	2014-01-08	2018-08-01
	23.25 FNMA POOL 0AA4315	2014-01-08	2018-08-01
	13.48 FNMA POOL 0AC8512	2016-01-08	2018-08-01
	24.3 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-08-01
	28.23 FNMA POOL 0AE3066	2014-01-08	2018-08-01
	14.46 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-08-01
	3000. ASTRAZENECA PLC 1.75% 11/16/18	2016-01-07	2018-08-06
	3000. BANK OF NY MELLON CORP 3.85% 28 APR 2028	2018-04-24	2018-08-06
	1000. BIOGEN INC 2.9% 9/15/20	2017-08-24	2018-08-06
	1000. MORGAN STANLEY 3.7% 23 OCT 2024	2017-12-07	2018-08-06
	1000. US TREASURY N/B 2% 15 FEB 2025	2017-09-07	2018-08-06
	1000. US TREASURY N/B 1.625% 15 MAY 2026	2017-11-14	2018-08-06
	58. INTEL CORP	2014-02-27	2018-08-14
	80. PULTE HOMES INC	2018-06-27	2018-08-14
	7. CONTINENTAL AG SPONSORED ADR	2015-12-08	2018-08-23
	19.9 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-09-04
	24.24 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-09-04
	80.64 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-09-04
	70.96 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-09-04
	37.15 FG J12243 4% 01 MAY 2025	2014-01-08	2018-09-04
	19.32 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-09-04
	36.91 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-09-04
	18.54 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-09-04
	55.97 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-09-04
	16.7 FG A95822 4% 01 DEC 2040	2014-01-08	2018-09-04
	7.7 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-09-04
	26.1 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-09-04
	39.23 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-09-04
	55.98 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-09-04
	22.44 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-09-04
	14.02 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-09-04
	39.17 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-09-04
	31.26 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-09-04
	47.42 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-09-04
	16.7 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-09-04
	55.96 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-09-04
	12.74 FN 735212 5% 01 DEC 2034	2016-01-08	2018-09-04
	30.3 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-09-04
	12.25 FN 932837 3% 01 DEC 2025	2016-01-08	2018-09-04
	10.39 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-09-04
	26.62 FNMA POOL 0995203	2014-01-08	2018-09-04
	17.1 FNMA POOL 0AA4315	2014-01-08	2018-09-04
	11.87 FNMA POOL 0AC8512	2016-01-08	2018-09-04
	19.89 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-09-04
	34.94 FNMA POOL 0AE3066	2014-01-08	2018-09-04
	11.28 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-09-04
	5000. US TREASURY N/B 1.25% 31 JAN 2020	2016-02-19	2018-09-07
	3000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19	2017-09-07	2018-09-19
	3000. SHELL INTERNATIONAL 1.375% 10 MAY 2019	2016-05-06	2018-09-19
	2. SHIRE PHARMACEUTICALS GROUP PLC SPONSORED ADR	2016-10-04	2018-09-21
	5. VINCI S.A.-UNSPONS ADR	2018-01-26	2018-09-21
	3. VINCI S.A.-UNSPONS ADR	2017-09-05	2018-09-21
	8. SONY CORP - SPONSORED ADR ONE ADR REPRS ONE ORD SHARES	2017-09-05	2018-09-25
	16.79 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-10-01
	32.58 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-10-01
	59.46 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-10-01
	58.31 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-10-01
	30.04 FG J12243 4% 01 MAY 2025	2014-01-08	2018-10-01
	20.43 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-10-01
	30.55 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-10-01
	11.48 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-10-01
	4.49 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-10-01
	13.38 FG A95822 4% 01 DEC 2040	2014-01-08	2018-10-01
	10.02 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-10-01
	40.43 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-10-01
	25.82 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-10-01
	34.18 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-10-01
	12.42 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-10-01
	11.06 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-10-01
	21.14 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-10-01
	16.6 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-10-01
	32.97 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-10-01
	11.23 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-10-01
	64.99 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-10-01
	14.96 FN 735212 5% 01 DEC 2034	2016-01-08	2018-10-01
	65.15 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-10-01
	19.59 FN CA0853 3.5% 01 DEC 2047	2018-09-12	2018-10-01
	20.41 FN 932837 3% 01 DEC 2025	2016-01-08	2018-10-01
	7.7 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-10-01
	20.28 FNMA POOL 0995203	2014-01-08	2018-10-01
	16.29 FNMA POOL 0AA4315	2014-01-08	2018-10-01
	13.71 FNMA POOL 0AC8512	2016-01-08	2018-10-01
	17.96 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-10-01
	27.17 FNMA POOL 0AE3066	2014-01-08	2018-10-01
	5.29 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-10-01
	.4 GARRETT MOTION INC	2018-06-27	2018-10-02
	1.6 GARRETT MOTION INC	2014-01-28	2018-10-02
	22. KDDI CORP-UNSPONSORED ADR	2017-09-05	2018-10-03
	13. KDDI CORP-UNSPONSORED ADR	2018-01-26	2018-10-03
	.1 GARRETT MOTION INC	2014-01-02	2018-10-12
	21. BANK AMER CORP	2018-03-20	2018-10-16
	6. CARNIVAL CORP	2018-06-27	2018-10-16
	18. CARNIVAL CORP	2017-09-05	2018-10-16
	3. COGNIZANT TECHNOLOGY SOLUTIONS	2018-06-27	2018-10-16
	15. COGNIZANT TECHNOLOGY SOLUTIONS	2016-01-27	2018-10-16
	18. EXPRESS SCRIPTS HLDG CO	2017-06-01	2018-10-16
	15. FACEBOOK INC	2015-03-12	2018-10-16
	9. GOLDMAN SACHS GROUP INC	2018-06-27	2018-10-16
	4. SUNTRUST BKS INC	2018-06-27	2018-10-16
	5. SUNTRUST BKS INC	2015-03-12	2018-10-16
	8. FRESENIUS SE & CO-SPN ADR	2018-01-26	2018-10-26
	2. FRESENIUS SE & CO-SPN ADR	2017-09-05	2018-10-26
	.6667 RESIDEO TECHNOLOGIES INC	2018-06-27	2018-10-30
	2.3333 RESIDEO TECHNOLOGIES INC	2014-01-28	2018-10-30
	2000. US TREASURY N/B 1.75% 15 MAY 2023	2018-01-18	2018-10-31
	1000. US TREASURY N/B 1.75% 15 MAY 2023	2016-10-06	2018-10-31
	20.08 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-11-01
	26.45 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-11-01
	65.73 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-11-01
	59.31 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-11-01
	36.87 FG J12243 4% 01 MAY 2025	2014-01-08	2018-11-01
	42.85 FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-11-01
	33.84 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-11-01
	13.7 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-11-01
	26.14 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-11-01
	14.81 FG A95822 4% 01 DEC 2040	2014-01-08	2018-11-01
	9.99 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-11-01
	41.49 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-11-01
	33.57 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-11-01
	35.61 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-11-01
	22.35 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-11-01
	11.59 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-11-01
	28.69 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-11-01
	22.84 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-11-01
	40.95 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-11-01
	13.18 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-11-01
	63.23 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-11-01
	9.04 FN 735212 5% 01 DEC 2034	2016-01-08	2018-11-01
	39.14 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-11-01
	48.05 FN CA0853 3.5% 01 DEC 2047	2018-09-12	2018-11-01
	20.97 FN 932837 3% 01 DEC 2025	2016-01-08	2018-11-01
	12.38 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-11-01
	20.46 FNMA POOL 0995203	2014-01-08	2018-11-01
	17.93 FNMA POOL 0AA4315	2014-01-08	2018-11-01
	14.27 FNMA POOL 0AC8512	2016-01-08	2018-11-01
	17.86 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-11-01
	26.69 FNMA POOL 0AE3066	2014-01-08	2018-11-01
	19.97 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-11-01
	3000. CSX CORP 3.8% 01 MAR 2028	2018-02-16	2018-11-06
	3000. JOHN DEERE CAPITAL COR 2.3% 9/16/19	2016-01-08	2018-11-06
	1000. JP MORGAN CHASE & CO 6.3% 4/23/19	2017-12-07	2018-11-06
	2000. JP MORGAN CHASE & CO 6.3% 4/23/19	2016-01-07	2018-11-06
	1. VALEO ADR	2018-01-26	2018-11-07
	24. VALEO ADR	2017-09-05	2018-11-07
	3. WOLTERS KLUWER N V SPONSORED ADR	2018-01-26	2018-11-09
	2. WOLTERS KLUWER N V SPONSORED ADR	2017-09-05	2018-11-09
	.5 RESIDEO TECHNOLOGIES INC	2014-01-02	2018-11-13
	1000. US TREASURY N/B 1.75% 15 MAY 2023	2018-01-18	2018-11-15
	2000. US TREASURY N/B 1.75% 15 MAY 2023	2014-01-15	2018-11-15
	5. BRITISH AMERICAN TOBACCO	2014-05-06	2018-11-23
	4. BRITISH AMERICAN TOBACCO	2018-01-26	2018-11-23
	3000. COMCAST CORP	2017-09-08	2018-11-28
	9. BRITISH AMERICAN TOBACCO	2014-01-02	2018-11-29
	15.9 FHLMC G07021 5.0% 9/01/39	2014-01-08	2018-12-03
	26.47 FHLMC GOLD G14953 3.5% 1/01/29	2014-01-08	2018-12-03
	49.3 FHLMC GOLD G08681 3.5% 12/01/45	2016-04-07	2018-12-03
	57.91 FG G18470 2.5% 01 JUN 2028	2016-01-08	2018-12-03
	24.67 FG J12243 4% 01 MAY 2025	2014-01-08	2018-12-03
	30. FG J14781 3.5% 01 MAR 2026	2016-01-08	2018-12-03
	26.43 FHLMC GOLD J17508 3.0% 12/01/26	2016-07-08	2018-12-03
	14.23 FG A86955 4.5% 01 JUN 2039	2016-01-11	2018-12-03
	11.96 FG A95090 4.5% 01 NOV 2040	2014-01-08	2018-12-03
	12.29 FG A95822 4% 01 DEC 2040	2014-01-08	2018-12-03
	57.27 FG G67709 3.5% 01 MAR 2048	2018-11-09	2018-12-03
	9.34 FEDERAL NAT'L MTGE ASSN POOL 254447	2014-01-08	2018-12-03
	26.02 FN AH3613 3.5% 01 JAN 2026	2016-01-08	2018-12-03
	27.97 FN AJ5300 4% 01 NOV 2041	2014-01-08	2018-12-03
	44.92 FN AJ7715 3% 01 DEC 2026	2016-11-07	2018-12-03
	21.24 FNMA POOL AL0065 4.5% 4/01/41	2014-01-08	2018-12-03
	9.79 FN AL2654 3% 01 NOV 2027	2014-01-08	2018-12-03
	31.2 FNMA POOL AQ0546 3.5% 11/01/42	2014-01-08	2018-12-03
	14.15 FNMA POOL # AS6191 3.5% 11/01/45	2016-03-07	2018-12-03
	29.32 FN AS9585 4% 01 MAY 2047	2018-08-10	2018-12-03
	12.9 FNMA POOL # AT2062 2.5% 4/01/28	2014-03-07	2018-12-03
	41.75 FN AU3736 3% 01 AUG 2043	2016-01-08	2018-12-03
	7.57 FN 735212 5% 01 DEC 2034	2016-01-08	2018-12-03
	30.82 FN BH9288 4% 01 FEB 2048	2018-04-10	2018-12-03
	43.1 FN CA0853 3.5% 01 DEC 2047	2018-09-12	2018-12-03
	18.71 FN 932837 3% 01 DEC 2025	2016-01-08	2018-12-03
	40.59 FN 995082 5.5% 01 AUG 2037	2014-01-08	2018-12-03
	18.5 FNMA POOL 0995203	2014-01-08	2018-12-03
	14.24 FNMA POOL 0AA4315	2014-01-08	2018-12-03
	8.5 FNMA POOL 0AC8512	2016-01-08	2018-12-03
	17.92 FN MA1240 2.5% 01 NOV 2027	2016-01-08	2018-12-03
	24.71 FNMA POOL 0AE3066	2014-01-08	2018-12-03
	7.26 FN AE9759 4% 01 DEC 2040	2016-01-08	2018-12-03
	15. ANALOG DEVICES INC	2017-01-04	2018-12-06
	7. APPLE COMPUTER INC COM	2018-06-27	2018-12-06
	34. CF INDS HLDGS INC	2018-01-26	2018-12-06
	34. CONTINENTAL RES INC OKLA	2018-02-09	2018-12-06
	24. FRESENIUS SE & CO-SPN ADR	2017-09-05	2018-12-12
	1. DAIWA HOUSE INDUS-UNSP ADR	2018-01-26	2018-12-13
	7. DAIWA HOUSE INDUS-UNSP ADR	2017-09-05	2018-12-13
	1. SHIRE PHARMACEUTICALS GROUP PLC SPONSORED ADR	2016-10-04	2018-12-13
	2. SHIRE PHARMACEUTICALS GROUP PLC SPONSORED ADR	2018-01-26	2018-12-18
	2. SHIRE PHARMACEUTICALS GROUP PLC SPONSORED ADR	2017-09-05	2018-12-18
	7. MICHELIN (CGDE)-UNSPON ADR	2018-01-26	2018-12-20

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	29	31	-2
b	44	46	-2
c	87	90	-3
d	69	71	-2
e	36	38	-2
	33	34	-1
	40	42	-2
	29	32	-3
	22	23	-1
	18	19	-1
	8	8
	46	48	-2
	35	36	-1
	43	45	-2
	35	37	-2
	13		13
	27	27
	30	31	-1
	17	17
	56	57	-1
	14	16	-2
	37	39	-2
	16	18	-2
	31	33	-2
	22	23	-1
	18	19	-1
	24	24
	34	36	-2
	12	12
	5,912	6,022	-110
	2,954	3,011	-57
	2,947	2,968	-21
	2,642	3,006	-364
	2,926	2,970	-44
	1,181	752	429
	2,901	2,582	319
	561	435	126
	445	475	-30
	332	290	42
	840	845	-5
	392	328	64
	262	201	61
	507	266	241
	211	259	-48
	732	656	76
	1,658	1,256	402
	567	420	147
	409	251	158
	676	453	223
	1,029	764	265
	654	372	282
	1,192	655	537
	510	232	278
	3,971	2,823	1,148
	3,504	2,530	974
	290	192	98
	3,094	2,889	205
	1,182	1,476	-294
	390	360	30
	550	382	168
	1,582	1,488	94
	3,422	4,159	-737
	1,282	1,281	1
	461	439	22
	2,593	2,022	571
	852	508	344
	772	397	375
	535	399	136
	686	575	111
	546	490	56
	1,378	1,088	290
	561	673	-112
	1,869	2,485	-616
	430	216	214
	497	465	32
	311	275	36
	606	435	171
	25	27	-2
	29	29
	82	85	-3
	70	71	-1
	39	41	-2
	40	42	-2
	35	36	-1
	24	26	-2
	29	31	-2
	18	18
	6	7	-1
	31	33	-2
	31	32	-1
	42	44	-2
	35	37	-2
	13	13
	37	37
	22	22
	15	15
	39	39
	22	24	-2
	28	28
	20	21	-1
	25	27	-2
	22	23	-1
	15	17	-2
	20	20
	39	41	-2
	41	44	-3
	2,319	2,335	-16
	386	413	-27
	1,600	1,466	134
	1,060	1,455	-395
	884	554	330
	1,106	648	458
	3,000	3,000
	981	989	-8
	622	557	65
	1,819	1,897	-78
	910	967	-57
	15	16	-1
	33	34	-1
	72	75	-3
	64	65	-1
	26	27	-1
	29	30	-1
	33	35	-2
	16	18	-2
	42	45	-3
	19	20	-1
	13	14	-1
	30	31	-1
	25	25
	38	39	-1
	22	23	-1
	14	15	-1
	16	16
	28	30	-2
	15	15
	66	67	-1
	22	24	-2
	23	24	-1
	14	16	-2
	25	27	-2
	23	24	-1
	16	17	-1
	18	18
	30	31	-1
	16	17	-1
	2,945	3,010	-65
	2,944	3,010	-66
	2,736	2,863	-127
	1,476	1,436	40
	505	375	130
	4,040	3,222	818
	3,619	3,043	576
	1,304	1,231	73
	1,173	1,212	-39
	309	358	-49
	49	51	-2
	24	25	-1
	37	39	-2
	68	71	-3
	68	69	-1
	37	38	-1
	40	41	-1
	33	35	-2
	15	16	-1
	19	20	-1
	14	15	-1
	15	17	-2
	43	45	-2
	37	38	-1
	24	26	-2
	14	14
	18	18
	35	37	-2
	15	15
	67	68	-1
	11	12	-1
	25	26	-1
	17	19	-2
	27	29	-2
	22	23	-1
	16	17	-1
	17	18	-1
	38	40	-2
	10	10
	3,925	4,013	-88
	914	944	-30
	2,946	2,968	-22
	2,577	2,968	-391
	418	376	42
	1,195	1,498	-303
	1,582	937	645
	2,000	2,000
	1,000	1,000
	6,000	5,989	11
	1,000	1,000
	2,000	2,000
	22	24	-2
	36	37	-1
	68	70	-2
	72	73	-1
	35	36	-1
	30	31	-1
	32	34	-2
	16	17	-1
	28	29	-1
	17	18	-1
	8	9	-1
	34	35	-1
	36	37	-1
	43	45	-2
	26	28	-2
	15	15
	53	52	1
	15	16	-1
	16	16
	52	52
	16	17	-1
	27	28	-1
	24	24
	11	12	-1
	28	30	-2
	25	25
	19	20	-1
	26	27	-1
	33	34	-1
	9	10	-1
	3,000	3,000
	3,002	3,008	-6
	1,150	1,413	-263
	1,924	2,214	-290
	2,452	1,812	640
	24	26	-2
	47	48	-1
	83	86	-3
	72	73	-1
	33	35	-2
	37	39	-2
	35	37	-2
	19	20	-1
	28	30	-2
	24	25	-1
	15	16	-1
	33	34	-1
	33	34	-1
	33	34	-1
	34	36	-2
	13	13
	21	21
	37	38	-1
	15	15
	68	68
	20	21	-1
	34	35	-1
	19	20	-1
	12	12
	25	26	-1
	22	22
	12	13	-1
	22	23	-1
	33	34	-1
	8	9	-1
	273	309	-36
	454	575	-121
	292	255	37
	289	286	3
	268	290	-22
	2,981	3,001	-20
	7,270	7,490	-220
	398	345	53
	397	500	-103
	398	197	201
	5,493	3,953	1,540
	7,314	5,059	2,255
	307	338	-31
	616	382	234
	372	436	-64
	208	214	-6
	69	71	-2
	277	268	9
	1,624	1,516	108
	298	324	-26
	2,944	2,995	-51
	2,944	3,008	-64
	4,906	5,001	-95
	943	778	165
	471	486	-15
	259	261	-2
	5	6	-1
	19	21	-2
	39	40	-1
	81	84	-3
	74	76	-2
	27	28	-1
	41	43	-2
	40	42	-2
	19	20	-1
	21	22	-1
	19	19
	8	9	-1
	44	45	-1
	39	40	-1
	39	40	-1
	28	30	-2
	12	12
	35	35
	34	35	-1
	16	16
	73	74	-1
	14	15	-1
	36	37	-1
	31	32	-1
	13	14	-1
	26	27	-1
	23	24	-1
	15	16	-1
	19	20	-1
	46	48	-2
	9	10	-1
	1,000	1,033	-33
	966	984	-18
	254	250	4
	379	318	61
	113	143	-30
	90	119	-29
	207	238	-31
	123	123
	203	235	-32
	203	280	-77
	86	79	7
	123	118	5
	102	114	-12
	240	239	1
	46	49	-3
	185	246	-61
	153	163	-10
	78	57	21
	189	174	15
	40	44	-4
	89	78	11
	73	71	2
	124	121	3
	115	158	-43
	80	100	-20
	162	188	-26
	31	34	-3
	117	122	-5
	218	208	10
	100	118	-18
	100	92	8
	106	79	27
	218	261	-43
	133	167	-34
	215	207	8
	226	232	-6
	200	282	-82
	221	247	-26
	181	158	23
	146	143	3
	89	87	2
	23	25	-2
	40	41	-1
	69	72	-3
	72	73	-1
	26	27	-1
	25	26	-1
	33	34	-1
	13	14	-1
	16	16
	18	19	-1
	16	18	-2
	36	38	-2
	31	32	-1
	46	48	-2
	23	24	-1
	16	17	-1
	39	38	1
	24	25	-1
	15	15
	68	69	-1
	11	11
	41	43	-2
	14	14
	14	16	-2
	25	26	-1
	23	24	-1
	13	14	-1
	24	25	-1
	28	29	-1
	14	15	-1
	2,994	2,998	-4
	3,040	2,994	46
	997	1,016	-19
	995	1,035	-40
	948	1,002	-54
	911	944	-33
	2,813	1,457	1,356
	2,230	2,463	-233
	248	340	-92
	20	21	-1
	24	25	-1
	81	83	-2
	71	72	-1
	37	38	-1
	19	20	-1
	37	38	-1
	19	20	-1
	56	59	-3
	17	17
	8	8
	26	27	-1
	39	40	-1
	56	58	-2
	22	23	-1
	14	14
	39	39
	31	32	-1
	47	48	-1
	17	17
	56	56
	13	14	-1
	30	31	-1
	12	13	-1
	10	11	-1
	27	28	-1
	17	18	-1
	12	13	-1
	20	20
	35	36	-1
	11	12	-1
	4,907	5,000	-93
	3,061	3,056	5
	2,978	2,993	-15
	359	389	-30
	121	137	-16
	73	70	3
	468	314	154
	17	18	-1
	33	33
	59	61	-2
	58	59	-1
	30	31	-1
	20	21	-1
	31	32	-1
	11	12	-1
	4	5	-1
	13	14	-1
	10	11	-1
	40	42	-2
	26	26
	34	35	-1
	12	13	-1
	11	11
	21	21
	17	17
	33	34	-1
	11	11
	65	65
	15	16	-1
	65	67	-2
	20	19	1
	20	21	-1
	8	8
	20	21	-1
	16	17	-1
	14	15	-1
	18	18
	27	28	-1
	5	6	-1
	7	6	1
	27	15	12
	289	295	-6
	171	169	2
	2	1	1
	592	674	-82
	354	362	-8
	1,061	1,081	-20
	219	236	-17
	1,097	783	314
	1,714	1,079	635
	2,330	1,182	1,148
	1,961	2,288	-327
	246	265	-19
	308	212	96
	132	174	-42
	33	42	-9
	14	17	-3
	50	38	12
	1,896	1,932	-36
	948	1,010	-62
	20	21	-1
	26	27	-1
	66	68	-2
	59	60	-1
	37	38	-1
	43	44	-1
	34	35	-1
	14	15	-1
	26	27	-1
	15	15
	10	11	-1
	41	43	-2
	34	34
	36	37	-1
	22	23	-1
	12	12
	29	29
	23	24	-1
	41	42	-1
	13	13
	63	64	-1
	9	10	-1
	39	40	-1
	48	48
	21	21
	12	13	-1
	20	22	-2
	18	18
	14	15	-1
	18	18
	27	27
	20	21	-1
	2,890	3,001	-111
	2,982	3,009	-27
	1,016	1,019	-3
	2,032	2,034	-2
	16	40	-24
	376	822	-446
	177	158	19
	118	88	30
	11	8	3
	951	966	-15
	1,903	1,903
	177	282	-105
	142	280	-138
	3,045	3,061	-16
	320	473	-153
	16	17	-1
	26	27	-1
	49	51	-2
	58	59	-1
	25	25
	30	31	-1
	26	27	-1
	14	15	-1
	12	12
	12	13	-1
	57	56	1
	9	10	-1
	26	27	-1
	28	29	-1
	45	46	-1
	21	22	-1
	10	10
	31	31
	14	15	-1
	29	30	-1
	13	13
	42	42
	8	8
	31	32	-1
	43	43
	19	19
	41	43	-2
	19	20	-1
	14	15	-1
	9	9
	18	18
	25	25
	7	8	-1
	1,332	1,087	245
	1,218	1,287	-69
	1,382	1,434	-52
	1,529	1,811	-282
	289	505	-216
	32	42	-10
	221	238	-17
	176	195	-19
	332	295	37
	332	305	27
	135	226	-91

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			-2
b			-2
c			-3
d			-2
e			-2
			-1
			-2
			-3
			-1
			-1

			-2
			-1
			-2
			-2
			13

			-1

			-1
			-2
			-2
			-2
			-2
			-1
			-1

			-2

			-110
			-57
			-21
			-364
			-44
			429
			319
			126
			-30
			42
			-5
			64
			61
			241
			-48
			76
			402
			147
			158
			223
			265
			282
			537
			278
			1,148
			974
			98
			205
			-294
			30
			168
			94
			-737
			1
			22
			571
			344
			375
			136
			111
			56
			290
			-112
			-616
			214
			32
			36
			171
			-2

			-3
			-1
			-2
			-2
			-1
			-2
			-2

			-1
			-2
			-1
			-2
			-2





			-2

			-1
			-2
			-1
			-2

			-2
			-3
			-16
			-27
			134
			-395
			330
			458

			-8
			65
			-78
			-57
			-1
			-1
			-3
			-1
			-1
			-1
			-2
			-2
			-3
			-1
			-1
			-1

			-1
			-1
			-1

			-2

			-1
			-2
			-1
			-2
			-2
			-1
			-1

			-1
			-1
			-65
			-66
			-127
			40
			130
			818
			576
			73
			-39
			-49
			-2
			-1
			-2
			-3
			-1
			-1
			-1
			-2
			-1
			-1
			-1
			-2
			-2
			-1
			-2


			-2

			-1
			-1
			-1
			-2
			-2
			-1
			-1
			-1
			-2

			-88
			-30
			-22
			-391
			42
			-303
			645


			11


			-2
			-1
			-2
			-1
			-1
			-1
			-2
			-1
			-1
			-1
			-1
			-1
			-1
			-2
			-2

			1
			-1


			-1
			-1

			-1
			-2

			-1
			-1
			-1
			-1

			-6
			-263
			-290
			640
			-2
			-1
			-3
			-1
			-2
			-2
			-2
			-1
			-2
			-1
			-1
			-1
			-1
			-1
			-2


			-1


			-1
			-1
			-1

			-1

			-1
			-1
			-1
			-1
			-36
			-121
			37
			3
			-22
			-20
			-220
			53
			-103
			201
			1,540
			2,255
			-31
			234
			-64
			-6
			-2
			9
			108
			-26
			-51
			-64
			-95
			165
			-15
			-2
			-1
			-2
			-1
			-3
			-2
			-1
			-2
			-2
			-1
			-1

			-1
			-1
			-1
			-1
			-2


			-1

			-1
			-1
			-1
			-1
			-1
			-1
			-1
			-1
			-1
			-2
			-1
			-33
			-18
			4
			61
			-30
			-29
			-31

			-32
			-77
			7
			5
			-12
			1
			-3
			-61
			-10
			21
			15
			-4
			11
			2
			3
			-43
			-20
			-26
			-3
			-5
			10
			-18
			8
			27
			-43
			-34
			8
			-6
			-82
			-26
			23
			3
			2
			-2
			-1
			-3
			-1
			-1
			-1
			-1
			-1

			-1
			-2
			-2
			-1
			-2
			-1
			-1
			1
			-1

			-1

			-2

			-2
			-1
			-1
			-1
			-1
			-1
			-1
			-4
			46
			-19
			-40
			-54
			-33
			1,356
			-233
			-92
			-1
			-1
			-2
			-1
			-1
			-1
			-1
			-1
			-3


			-1
			-1
			-2
			-1


			-1
			-1


			-1
			-1
			-1
			-1
			-1
			-1
			-1

			-1
			-1
			-93
			5
			-15
			-30
			-16
			3
			154
			-1

			-2
			-1
			-1
			-1
			-1
			-1
			-1
			-1
			-1
			-2

			-1
			-1



			-1


			-1
			-2
			1
			-1

			-1
			-1
			-1

			-1
			-1
			1
			12
			-6
			2
			1
			-82
			-8
			-20
			-17
			314
			635
			1,148
			-327
			-19
			96
			-42
			-9
			-3
			12
			-36
			-62
			-1
			-1
			-2
			-1
			-1
			-1
			-1
			-1
			-1

			-1
			-2

			-1
			-1


			-1
			-1

			-1
			-1
			-1


			-1
			-2

			-1


			-1
			-111
			-27
			-3
			-2
			-24
			-446
			19
			30
			3
			-15

			-105
			-138
			-16
			-153
			-1
			-1
			-2
			-1

			-1
			-1
			-1

			-1
			1
			-1
			-1
			-1
			-1
			-1


			-1
			-1



			-1


			-2
			-1
			-1



			-1
			245
			-69
			-52
			-282
			-216
			-10
			-17
			-19
			37
			27
			-91

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	12,138
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 ...................		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? Yes No

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	32,402	615,945	0.052605
2016	36,604	602,460	0.060758
2015	36,330	645,919	0.056245
2014	685	449,580	0.001524
2013

Total of line 1, column (d) .....................

0.171132

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 ......

0.042783

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

601,517

Multiply line 4 by line 3......................

25,735

Enter 1% of net investment income (1% of Part I, line 27b)...........

178

Add lines 5 and 6........................

25,913

Enter qualifying distributions from Part XII, line 4,.............

33,290

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)

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 and enter “N/A" on line 1.
	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	178
	hereand 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	178
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	178
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	252
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	252
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	74
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax74	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

REGIONS BANK Telephone no. bullet

(205) 420-7753

Located at bullet

201 MILAN PKWYBIRMINGHAMAL ZIP+4 bullet

35211

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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	6,124
201 MILAN PARKWAY BIRMINGHAM,AL35211	TRUSTEE 1	6,124

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...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

610,677

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

610,677

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

610,677

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

9,160

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

601,517

Minimum investment return. Enter 5% of line 5..................

30,076

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.)

Minimum investment return from Part X, line 6....................

30,076

Tax on investment income for 2018 from Part VI, line 5......

178

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

178

Distributable amount before adjustments. Subtract line 2c from line 1............

29,898

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

29,898

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

29,898

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

33,290

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

33,290

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.................

178

Adjusted qualifying distributions. Subtract line 5 from line 4..............

33,112

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)

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					29,898
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				1,722
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: $ 33,290
a Applied to 2017, but not more than line 2a				1,722
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.....					29,898
e Remaining amount distributed out of corpus		1,670
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		1,670
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		1,670
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....	1,670

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
JEFFERSON CHRISTIAN ACADEMY 1500 HERITAGE PLACE DRIVE IRONDALE,AL35210	NONE	PC	GENERAL OPERATING	31,265
Total ................................. 3a				31,265

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	12,784
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	12,138
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			14	6
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				24,928

13Total. Add line 12, columns (b), (d), and (e)..................

24,928

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
"AMERICAN EXPRESS CREDIT CORP
"AMGEN INC CALLABLE DTD08/19/
"ANHEUSER-BUSCH INBEV FIN DTD
"APPLE INC DTD 05/03/2013 1%0
"ASTRAZENECA PLC DTD 11/16/201
"AT&T INC DTD 05/13/08 5.6%05
"BANK OF MONTREAL SERIES: MTN
"CA INC DTD 11/13/09 5.375%12
"CATERPILLAR INC DTD 12/05/08
"CHEVRON CORP CALLABLE DTD12/
"CISCO SYSTEMS INC CALLABLE DT
"CISCO SYSTEMS INC DTD 02/29/2
"CITIGROUP INC DTD 10/26/2015
"COMCAST CORP DTD 06/18/09 5.7
"DEUTSCHE BANK AG DTD 02/13/20
"FIFTH THIRD BANK CALLABLE DTD
"FORD MOTOR CREDIT DTD 06/06/2
"GENERAL ELECTRIC CAPITAL CORP
"GILEAD SCIENCES INC CALLABLE
"GLAXOSMITHKLINE CAP PLC CALLA
"GOLDMAN SACHS GROUP INC DTD2
"IBM CORP DTD 02/19/2016 3.45%
"INTEL CORP DTD 09/19/2011 3.3
"J P MORGAN CHASE & CO DTD04/
"JOHN DEERE CAPITAL CORP SERIE
"KROGER CO/THE CALLABLE DTD10
"MARATHON OIL CORP CALLABLE DT
"MERRILL LYNCH & CO INC SERIES
"MOLSON COORS BREWING CO DTD
"MORGAN STANLEY DTD 10/23/2014
"ORACLE CORPORATION DTD 04/09/
"PEPSICO INC SERIES: 1 DTD10/
"PRUDENTIAL FINANCIAL DTD11/1
"ROYAL BANK OF CANADA DTD09/1
"SHELL INTL FIN DTD 05/10/2016
"SUNTRUST BKS INC CALLABLE DTD
"TARGET CORP CALLABLE 5.375%0
"TEVA PHARMACEUTICALS NE DTD0
"TORONTO-DOMINION BANK SERIES
"TOYOTA MOTOR CREDIT CORP SERI
"UNITED HEALTH GROUP INC DTD0
"VALERO ENERGY CORP CALLABLE
"VERIZON COMMUNICATIONS CALLAB
"WACHOVIA CORP DTD 06/08/07 5.
"WALGREENS BOOTS ALLIANCECALL

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO
AIA GROUP LTD. SP ADR
AIRBUS SE -UNSP ADR
"ALIBABA GROUP HOLDING LTDSPO
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
BAIDU, INC. ADR
"BANCO BILBAO VIZCAYA ARGENTA
BANCO LATINO AMERICANO DE COM
"BAYER A G SPONSORED ADRS ONE
"BHP BILLITON LTD SPONSORED AD
BLACKROCK INC
"BP PLC SPONSORED ADR ONE ADR
BRISTOL MYERS SQUIBB CO
"BRITISH AMERN TOB PLC SPONSOR
CANADIAN NATIONAL RAILWAY
CELGENE CORP
CHEVRON CORP
CHINA BIOLOGIC PRODUCTS INC
CHUBB LIMITED
CISCO SYSTEMS INC
CITIGROUP INC
COCA COLA CO
"COGNIZANT TECHNOLOGY SOLUTION
CONTINENTAL AG SPONSORED ADR
"CREDICORP LTD TIRES & RUBBER
"CRH PLC SPONSORED ADR ONE ADR
CSL LIMITED -SPONSORED ADR
CVS HEALTH CORPORATION
DANSKE BANK A/S - SPON ADR
DOLLAR GENERAL CORP
DR REDDYS LABS LTD
EAST JAPAN RAILWAY CO - ADR
"EATON CORP PLC ISIN:IE00B8KQ
ECOLAB INC
ELBIT SYSTEMS LTD
EXPERIAN GROUP LTD - SPON ADR
EXXON MOBIL CORP
FACEBOOK INC - A
FANUC CORPORATION
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MORTGAGE CO
"FEDERAL HOME LOAN MTG CORP PO
"FEDERAL HOME LOAN MTGE CORP P
"FEDERAL HOME LOAN MTGE CORP P
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
GENERAL DYNAMICS CORP
GENERAL ELECTRIC CO
GRUPO FINANCIERO BANORTE -SPON
HANG LUNG PROPERTIES - SP ADR
HENKEL KGAA - SPONS ADR PFD
HOME DEPOT INC
HONDA MOTOR CO LTD SPONS ADRA
HONEYWELL INTERNATIONAL INC
HOYA CORP
ICICI BANK LIMITED
"INFOSYS LIMITED SPON ADR 1/4
"ING GROEP N V SPONSORED ADR O
INTEL CORP
INTUIT INC
INVESCO LTD
ISHARES CORE S&P MID-CAP ETF
ISHARES RUSSELL 2000 ETF
ITAU UNIBANCO HOLDING, S.A - A
J P MORGAN CHASE & CO
"JAPAN TOBACCO INC UNSPONSORED
KOC HOLDING AS UNSPON ADR
"KONINLIJKE DSM NV SPONSORED O
"KOREA ELECTRIC POWER CORPSPO
L.G. DISPLAY COMPANY LTD ADR
LINDE AG - SPONSORED ADR
LUKOIL PJSC-SPON ADR
MICHELIN (CGDE) -UNSPON ADR
MICROCHIP TECHNOLOGY INC
MONDELEZ INTERNATIONAL
MUENCHENER RUECK - UNSPON ADR
NETEASE, INC. ADR
NEXTERA ENERGY, INC.
NISSAN MOTOR CO LTD SPONSORED
"NOMURA HLDGS INC ADR ONE ADR
NORDEA BANK SPONSORED ADR
ORACLE CORPORATION
PANDORA A/S - ADR
PEPSICO INC
PFIZER INC
PING AN INSURANCE ADR
POTASH CORP OF SASKATCHEWAN
RYOHIN KEIKAKU CO LTD UNSP ADR
SAFRAN SA -UNSPN ADR
SAMPO OYJ - A SHS-UNSP ADR
SCHLUMBERGER LTD
SHIRE PLC SPONSORED ADR ONE AD
SMITH & NEPHEW P L C
SODEXHO -SPONSORED ADR
"SOFTBANK GROUP CORPORATION -
SOUTHERN CO
STARBUCKS CORP
STRYKER CORP
SUNCOR ENERGY INC
SUNTRUST BKS INC
"TAIWAN SEMICONDUCTOR MFG LTD
"TATA MOTORS LTD SPONSPORED AD
"TDK CORP ONE ADR REPRESENTS
TECHTRONIC INDUSTRIES COMPANY
"TELEKOMUNIKASI INDONESIA PTS
"TENCENT HOLDINGS LTD UNSPONSO
THERMO FISHER SCIENTIFIC, INC.
TOKIO MARINE HOLDINGS - ADR
"TOTAL S A SPONSORED ADR ONE
"UNILEVER N V N Y SHS NEW ONE
UNION PAC CORP
UNITED TECHNOLOGIES CORP
VERIZON COMMUNICATIONS
VERTEX PHARMACEUTICALS INC
WAL MART STORES INC
WASTE MANAGEMENT INC
WELLS FARGO & CO
WHOLE FOODS MKT INC
"FEDERAL NATIONAL MORTGAGE ASS
"FEDERAL NATIONAL MORTGAGE ASS
"LVMH MOET HENNESSY LOUIS VUIT
"LYONDELLBASELL INDUSTRIES - C
MATTEL INC
MCDONALDS CORP
MEDTRONIC PLC
MERCK & CO. INC. NEW
PRUDENTIAL FINANCIAL INC
"PT ASTRA INTERNATIONAL TBK -U
QUALCOMM INC
RAKUTEN INC ADR
RELX NV - SPON ADR
"ROCHE HOLDINGS LTD SPONSORED
ROYAL BANK OF CANADA
ROYAL DUTCH SHELL PLC-ADR
COMCAST CORP-CLASS A

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	326	326		0
FEDERAL TAX PAYMENT - PRIOR YE	450	0		0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCENTURE PLC
ADVISERS INVT TR JOHCM INTL SL
AIR PRODUCTS & CHEMICALS INC
ANALOG DEVICES INC
ANHEUSER-BUSCH INBEV NV
AON PLC COM USD0.01 CL A
APPLE INC 2.1% 12 SEP 2022
APPLE INC 2.3% 11 MAY 2022
ASHTEAD GROUP PLC
ASSA ABLOY AB
ASSOCIATED BRITISH FOODS PLC
BANCA MEDIOLANUM SPA
BANK OF AMERICA CORP 6.875% 25
BARON EMERGING MARKETS FUND
BIOGEN INC 2.9% 15 SEP 2020
CAPITAL ONE FINANCIAL CORP 2.5
CARLSBERG A/S
CARNIVAL CORP
CIE FINANCIERE RICHEMONT SA
CIE GENERALE DES ETABLISSEMENT
COMPASS GROUP PLC SPON ADR EAC
CONVATEC GROUP PLC
DAIWA HOUSE INDUSTRY CO LTD
DBS GROUP HOLDINGS LTD
DEUTSCHE POST AG
ELI LILLY & CO
EXPRESS SCRIPTS HOLDING CO
FANNIE MAE POOL FN 254447 6% 0
FANNIE MAE POOL FN 735212 5% 0
FANNIE MAE POOL FN 932837 3% 0
FANNIE MAE POOL FN 995082 5.5%
FANNIE MAE POOL FN 995203 5% 0
FANNIE MAE POOL FN AA4315 4% 0
FANNIE MAE POOL FN AC8512 4.5%
FANNIE MAE POOL FN AE3066 3.5%
FANNIE MAE POOL FN AE9759 4% 0
FANNIE MAE POOL FN AH3613 3.5%
FANNIE MAE POOL FN AJ5300 4% 0
FANNIE MAE POOL FN AJ7715 3% 0
FANNIE MAE POOL FN AL0065 4.5%
FANNIE MAE POOL FN AL2654 3% 0
FANNIE MAE POOL FN AQ0546 3.5%
FANNIE MAE POOL FN AS6191 3.5%
FANNIE MAE POOL FN AT2062 2.5%
FANNIE MAE POOL FN AU3736 3% 0
FANNIE MAE POOL FN MA1240 2.5%
FERGUSON PLC SPONSORED ADR
FREDDIE MAC GOLD POOL FG A8695
FREDDIE MAC GOLD POOL FG A9509
FREDDIE MAC GOLD POOL FG A9582
FREDDIE MAC GOLD POOL FG G0702
FREDDIE MAC GOLD POOL FG G0868
FREDDIE MAC GOLD POOL FG G1495
FREDDIE MAC GOLD POOL FG G1847
FREDDIE MAC GOLD POOL FG J1224
FREDDIE MAC GOLD POOL FG J1478
FREDDIE MAC GOLD POOL FG J1750
FRESENIUS SE & CO KGAA
HCP INC
INFORMA PLC
JB HUNT TRANSPORT SERVICES INC
KAO CORP SPONS ADR EACH REPR 1
KBC GROEP NV
KDDI CORP
KOMATSU LTD
KONINKLIJKE KPN NV
MAKITA CORP
NOVARTIS AG ADR-EACH REPR 1 CH
PALO ALTO NETWORKS INC
PPL CORP
PROCTER & GAMBLE CO/THE
PRUDENTIAL PLC
RED ELECTRICA CORP SA
REGAL ENTERTAINMENT GROUP
RELX PLC
RYANAIR HOLDINGS PLC
SABRE CORP
SAP AG SPON ADR EACH REP 1 ORD
SONY CORP ADR-EACH CNV INTO 1
STATOIL ASA SPON ADR EACH REP
SUMITOMO MITSUI FINANCIAL GROU
TELENOR ASA
TOKYO ELECTRON LTD
UNILEVER PLC ADS-EA REPR 1 ORD
VALEO SA
VINCI SA
WOLTERS KLUWER NV
WORLDPAY GROUP PLC
3128PRP45 FG J12243 4% 01 MAY	AT COST	1,195	1,193
3128PUJ29 FG J14781 3.5% 01 MA	AT COST	1,267	1,250
3135G0K36 FED NATL MTG ASSN	AT COST	2,770	2,858
3138WKUK9 FN AS9585 4% 01 MAY	AT COST	4,449	4,470
3138X3EJ7 FN AU3736 3% 01 AUG	AT COST	6,130	5,982
31416BRY6 FNMA POOL 0995203	AT COST	1,482	1,493
759530108 RELX PLC	AT COST	886	821
786584102 SAFRAN SA-UNSPON ADR	AT COST	855	897
867224107 SUNCOR ENERGY INC	AT COST	832	671
867914BM4 SUNTRUST BANKS INC 2	AT COST	2,997	2,926
907818108 UNION PACIFIC CORP	AT COST	835	1,382
912828J27 U S TREASURY NOTE	AT COST	13,814	13,543
037833CQ1 APPLE INC 2.3% 11 MA	AT COST	2,995	2,928
09247X101 BLACKROCK INC CL A	AT COST	1,462	1,571
166764100 CHEVRONTEXACO CORP	AT COST	2,215	2,393
172967KB6 CITIGROUP INC	AT COST	2,984	2,960
312943UP6 FG A95090 4.5% 01 NO	AT COST	1,746	1,757
3132XCR64 FG G67709 3.5% 01 MA	AT COST	9,231	9,501
3138E0SD2 FN AJ7715 3% 01 DEC	AT COST	1,940	1,887
3138MFTC1 FNMA POOL AQ0546	AT COST	2,522	2,552
3138WPJG0 FNMA POOL # AT2062	AT COST	833	822
31416MYM0 FNMA POOL 0AA431	AT COST	644	643
31419LZZ9 FN AE9759 4% 01 DEC	AT COST	1,094	1,074
977874205 WOLTERS KLUWER N V S	AT COST	663	880
464287507 ISHARES TR S&P MIDCA	AT COST	22,239	27,068
539439AR0 LLOYDS BANKING GROUP	AT COST	3,003	2,846
560877300 MAKITA CORP ADR NEW	AT COST	773	668
65558R109 NORDEA BK ABP SPONSO	AT COST	754	580
68389XBR5 ORACLE CORP 2.625% 1	AT COST	2,993	2,926
780259206 ROYAL DUTCH SHELL PL	AT COST	844	991
78392U105 RVOHIN KEIKAKU CO -U	AT COST	749	770
79588J102 SAMPO OYJ-A SHS-UNSP	AT COST	828	797
92343VDD3 VERIZON COMMUNICATIO	AT COST	2,992	2,720
G1151C101 ACCENTURE PLC IRELAN	AT COST	1,185	987
85771PAN2 STATOIL ASA	AT COST	3,039	3,056
867914103 SUNTRUST BANKS INC	AT COST	1,524	1,816
87236YAH1 TD AMERITRADE HOLDIN	AT COST	2,993	3,051
89236TEU5 TOYOTA MOTOR CREDIT	AT COST	3,000	3,000
912828WZ9 U S TREASURY NOTE	AT COST	6,871	6,838
92343V104 VERIZON COMMUNICATIO	AT COST	2,862	3,317
N53745100 LYONDELLBASELL INDU-	AT COST	950	998
437076102 HOME DEPOT INC USD 0	AT COST	1,968	2,405
532457108 ELI LILLY & CO COM	AT COST	2,811	4,050
59410T106 MICHELIN (CGDE)-UNSP	AT COST	679	470
60871RAC4 MOLSON COORS BREWING	AT COST	3,037	2,982
65339F101 NEXTERA ENERGY INC	AT COST	1,203	2,433
808513AW5 THE CHARLES SCHWAB C	AT COST	3,003	3,015
904767704 UNILEVER PLC AMER SH	AT COST	804	732
06828M876 BARON EMERGING MARKE	AT COST	49,257	43,015
10373QAB6 BP CAP MARKETS AMERI	AT COST	3,002	3,014
12572Q105 CME GROUP INC	AT COST	1,405	1,505
204319107 COMPAGNIE FINANCIERE	AT COST	378	271
26078JAB6 DOWDUPONT INC 4.205%	AT COST	3,001	3,066
29446M102 EQUINOR ASA-SPON ADR	AT COST	286	318
30231G102 EXXON MOBIL CORP	AT COST	3,021	2,523
3128PXKV7 FHLMC GOLD J17508	AT COST	1,572	1,529
31371KTC5 FEDERAL NAT'L MTGE A	AT COST	579	590
31412RLS4 FN 932837 3% 01 DEC	AT COST	918	904
375558BF9 GILEAD SCIENCES INC	AT COST	3,092	2,941
23304Y100 DBS GROUP HLDGS LTD	AT COST	652	697
312944PF2 FG A95822 4% 01 DEC	AT COST	1,392	1,407
3138AW3J0 FN AJ5300 4% 01 NOV	AT COST	2,247	2,265
3138WF2Z8 FNMA POOL # AS6191	AT COST	2,143	2,078
3140GYKA6 FN BH9288 4% 01 FEB	AT COST	5,831	5,791
369622SM8 GENERAL ELEC CAP COR	AT COST	3,163	3,004
45672B305 INFORMA PLC-SP ADR	AT COST	340	306
713448108 PEPSICO INC	AT COST	2,939	3,535
744320102 PRUDENTIAL FINL INC	AT COST	1,183	1,142
00373L102 ABN AMRO GROUP NV-UN	AT COST	656	476
00770G847 JOHCM INTERNATIONAL	AT COST	24,152	22,175
136375102 CANADIAN NATL RY CO	AT COST	438	519
151020104 CELGENE CORP	AT COST	1,503	1,218
17275RBL5 CISCO SYSTEMS INC 2.	AT COST	3,002	2,797
172967424 CITIGROUP INC	AT COST	2,637	2,291
20449X401 COMPASS GROUP PLC-SP	AT COST	847	815
3138EGCB8 FNMA POOL AL0065	AT COST	1,768	1,788
31402QYH8 FN 735212 5% 01 DEC	AT COST	1,018	1,004
3140Q75P8 FN CA0853 3.5% 01 DE	AT COST	5,580	5,633
31418ALW6 FN MA1240 2.5% 01 NO	AT COST	1,025	999
G29183103 EATON CORP PLC	AT COST	2,484	2,678
G5960L103 MEDTRONIC PLC	AT COST	972	1,092
912828R36 U S TREASURY NOTE	AT COST	16,753	16,809
92852T201 VIVENDI SA-UNSPON AD	AT COST	797	749
931142ED1 WALMART INC 3.55% 26	AT COST	2,995	3,033
98978V103 ZOETIS INC	AT COST	2,928	2,737
H1467J104 CHUBB LTD	AT COST	2,769	3,100
44932HAM5 IBM CREDIT LLC 3.6%	AT COST	2,999	3,027
461202103 INTUIT INC COM	AT COST	596	1,575
742718109 PROCTER & GAMBLE CO	AT COST	2,855	2,850
90348R102 UBISOFT ENTERTAIN-UN	AT COST	556	517
912828H52 UNITED STATES TREAS	AT COST	6,883	6,898
928662501 VOLKSWAGEN AG-UNSP A	AT COST	803	723
92939U106 WEC ENERGY GROUP INC	AT COST	2,893	2,909
G0408V102 AON CORP	AT COST	845	872
001317205 AIA GROUP LTD	AT COST	380	362
00206R102 AT&T INC	AT COST	3,236	2,626
03524A108 ANHEUSER BUSCH INBEV	AT COST	1,050	658
060505104 BANK AMER CORP	AT COST	4,089	3,203
14040HBP9 CAPITAL ONE FINANCIA	AT COST	3,001	2,961
142795202 CARLSBERG AS-B-SPON	AT COST	598	553
17275R102 CISCO SYS INC	AT COST	3,031	3,770
26875P101 EOG RES INC	AT COST	2,945	2,093
3128MJXK1 FHLMC GOLD G08681	AT COST	6,020	5,859
312933WQ3 FG A86955 4.5% 01 JU	AT COST	1,296	1,272
38141GWM2 GOLDMAN SACHS GROUP	AT COST	2,964	2,858
438516106 HONEYWELL INTL INC	AT COST	2,025	2,775
458140AJ9 INTEL CORP	AT COST	3,064	3,032
66987V109 NOVARTIS AG SPNSRD A	AT COST	1,295	1,287
717081103 PFIZER INC COM	AT COST	2,990	3,623
775109200 ROGERS COMMUNICATION	AT COST	707	718
79466L302 SALESFORCE COM INC	AT COST	1,398	1,370
911312106 UNITED PARCEL SVC IN	AT COST	2,826	2,341
913017109 UNITED TECHNOLOGIES	AT COST	2,699	2,556
927320101 VINCI S A-ADR	AT COST	700	615
92826C839 VISA INC	AT COST	3,637	3,430
931427AH1 WALGREENS BOOTS ALLI	AT COST	2,969	2,954
02079K107 ALPHABET INC	AT COST	2,332	3,107
045387107 ASSA ABLOY AB - UNSP	AT COST	1,043	843
06367THQ6 BANK OF MONTREAL	AT COST	2,999	2,977
143658300 CARNIVAL CORP	AT COST	1,320	1,233
278865100 ECOLAB INC COM	AT COST	1,047	1,474
3128M9D25 FHLMC G07021	AT COST	1,235	1,237
3128MDWN9 FHLMC GOLD G14953	AT COST	1,846	1,835
00912XAU8 AIR LEASE CORP 2.125	AT COST	2,953	2,957
009158106 AIR PRODUCTS AND CHE	AT COST	1,401	1,601
02079K305 ALPHABET INC/CA	AT COST	1,197	2,090
02665WCD1 AMERICAN HONDA FINAN	AT COST	3,994	3,955
037833DC1 APPLE INC 2.1% 12 SE	AT COST	2,977	2,899
045055100 ASHTEAD GROUP PLC-UN	AT COST	356	335
09062XAC7 BIOGEN INC	AT COST	6,070	5,955
110709BN1 BRITISH COLUMBIA PRO	AT COST	2,973	2,997
20030N101 COMCAST CORP NEW CL	AT COST	2,848	2,588
234062206 DAIWA HOUSE IND LTD	AT COST	749	700
26441CAW5 DUKE ENERGY CORP 2.4	AT COST	2,932	2,882
3138A5AP7 FN AH3613 3.5% 01 JA	AT COST	1,464	1,441
31416BM70 FN 995082 5.5% 01 AU	AT COST	835	846
31419DMQ1 FNMA POOL 0AE3066	AT COST	1,332	1,324
31502A204 FERGUSON PLC-ADR	AT COST	573	573
345397XK4 FORD MOTOR CREDIT CO	AT COST	3,042	2,940
459200JG7 I B M CORP	AT COST	3,057	2,918
778296103 ROSS STORES INC	AT COST	1,478	1,331
78012KKU0 ROYAL BANK OF CANADA	AT COST	3,000	2,966
783513203 RYANAIR HOLDINGS PLC	AT COST	711	428
83569C102 SONOVA HOLDING-UNSPO	AT COST	222	229
883556102 THERMO ELECTRON CORP	AT COST	1,970	2,909
89233P5F9 TOYOTA MOTOR CREDIT	AT COST	3,076	3,024
9128283W8 US TREASURY N/B 2.75	AT COST	2,921	3,016
485537401	AT COST	384	447
500458401 KOMATSU LTD NEW	AT COST	447	345
501044DE8 KROGER CO 2.65% 15 O	AT COST	2,984	2,671
61761JVL0 MORGAN STANLEY	AT COST	6,010	5,900
863667101 STRYKER CORP	AT COST	1,103	1,881
87944W105 TELENOR ASA	AT COST	693	659
91324P102 UNITED HEALTH GROUP	AT COST	2,590	2,989
91913YAU4 VALERO ENERGY CORP 3	AT COST	2,967	2,752
931142103 WAL MART STORES INC	AT COST	4,182	3,819
94988J5N3 WELLS FARGO BANK NA	AT COST	2,999	2,963
000375204 ABB LTD	AT COST	611	437
126650DA5 CVS HEALTH CORP 3.12	AT COST	3,003	2,994
256677105 DOLLAR GENERAL CORP	AT COST	1,082	1,405
3128MMQY2 FG G18470 2.5% 01 JU	AT COST	3,966	3,874
3138EJ5Q7 FN AL2654 3% 01 NOV	AT COST	654	650
31417VN66 FNMA POOL 0AC8512	AT COST	958	948
31677QBG3 FIFTH THIRD BANK	AT COST	3,003	2,929
372303206 GENMAB A/S -SP ADR	AT COST	216	165
445658107 HUNT JB TRANS SVCS I	AT COST	2,535	2,233
579780206 MC CORMICK & CO INC	AT COST	2,177	2,228
580135101 MC DONALDS CORPORATI	AT COST	2,108	3,196
58933Y105 MERCK & CO INC	AT COST	2,653	3,668
594918104 MICROSOFT CORP COM	AT COST	7,069	7,618
697435105 PALO ALTO NETWORKS I	AT COST	890	1,318
74432QBP9 PRUDENTIAL FINANCIAL	AT COST	3,100	3,069
74435K204 PRUDENTIAL PLC ADR	AT COST	1,314	990
756568101 RED ELECTRICA COR-UN	AT COST	861	865
803054204 SAP AKTIENGESELLSCHA	AT COST	1,422	1,195
86562M209 SUMITOMO MITSUI SPON	AT COST	729	631
912828PC8 U S TREASURY NOTE	AT COST	8,054	8,015
464287655 ISHARES RUSSELL 2000	AT COST	22,003	25,977
46625H100 J P MORGAN CHASE & C	AT COST	2,867	4,100
023135106 AMAZON COM INC	AT COST	2,440	4,506
0258M0DX4 AMERICAN EXPRESS CRE	AT COST	3,006	2,969
031162CH1 AMGEN INC	AT COST	2,997	2,839
037833100 APPLE COMPUTER INC C	AT COST	2,822	5,048
06416CAB4 BANK OF NOVA SCOTIA	AT COST	2,944	2,966
088606108 BHP BILLITON LIMITED	AT COST	810	1,111
192446102 COGNIZANT TECHNOLOGY	AT COST	907	1,270

Description	Revenue and Expenses per Books	Net Investment Income
OTHER EXPENSE (NON-DEDUCTIBLE	1,457	1,457
OTHER NON-ALLOCABLE EXPENSE -	26	26
INVESTMENT EXPENSES-DIVIDEND I	277	277