Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
MERANCAS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2820 SELWYN AVE SUITE 836
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28209
A Employer identification number

56-1677733
B Telephone number (see instructions)

(980) 237-1386
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$52,252,541
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,713,083
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,767 3,767  
4 Dividends and interest from securities... 80,962 80,962  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,403,575
b Gross sales price for all assets on line 6a 23,087,730
7 Capital gain net income (from Part IV, line 2)... 5,403,575
8 Net short-term capital gain.........  
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)....... 607 607  
12 Total. Add lines 1 through 11........ 9,201,994 5,488,911  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 4,023      
b Accounting fees (attach schedule)....... 1,800      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 202,800 5,815    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 2,550      
21 Travel, conferences, and meetings....... 864      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 6,485 2,642    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 218,522 8,457   0
25 Contributions, gifts, grants paid....... 6,104,000 6,104,000
26 Total expenses and disbursements. Add lines 24 and 25 6,322,522 8,457   6,104,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,879,472
b Net investment income (if negative, enter -0-) 5,480,454
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,021,434 4,578,358 4,578,358
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 25,837,562 Click to see attachment28,999,922 47,674,183
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,858,996 33,578,280 52,252,541
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 30,858,996 33,578,280
30 Total net assets or fund balances (see instructions)..... 30,858,996 33,578,280
31 Total liabilities and net assets/fund balances (see instructions). 30,858,996 33,578,280
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
30,858,996
2
Enter amount from Part I, line 27a .....................
2
2,879,472
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
33,738,468
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
160,188
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
33,578,280
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES (163622) P    
b PUBLICLY TRADED SECURITIES (163622) P    
c PUBLICLY TRADED SECURITIES (100882) P    
d PUBLICLY TRADED SECURITIES (100882) P    
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,449,757   6,530,242 -1,080,485
b 15,086,630   8,741,508 6,345,122
c 1,785,644   1,934,521 -148,877
d 765,699   477,884 287,815
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -1,080,485
b       6,345,122
c       -148,877
d       287,815
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 5,403,575
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 6,104,000 44,060,037 0.138538
2016 5,808,169 36,917,914 0.157327
2015 6,494,000 45,339,396 0.143231
2014 6,229,000 46,354,819 0.134377
2013 5,343,332 38,011,146 0.140573
2
Total of line 1, column (d) .....................
2
0.714046
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.142809
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
57,395,504
5
Multiply line 4 by line 3......................
5
8,196,595
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
54,805
7
Add lines 5 and 6........................
7
8,251,400
8
Enter qualifying distributions from Part XII, line 4,.............
8
6,104,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 109,609
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 109,609
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 109,609
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 164,361
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 164,361
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 208
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 54,544
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet54,544 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MERANCAS.ORG
    14
    The books are in care ofbulletANTHONY A MERMANS Telephone no.bullet (980) 237-1386

    Located atbullet2820 SELWYN AVENUE STE 836CHARLOTTENC ZIP+4bullet28209
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CORNELIS A M MERMANS TREASURER
    1.00
    0 0 0
    14051 ISLAND DRIVE
    HUNTERSVILLE,NC28078
    JOHANNA K MERMANS ASST SECRETA
    1.00
    0 0 0
    14051 ISLAND DRIVE
    HUNTERSVILLE,NC28078
    ANTHONY A MERMANS PRESIDENT
    40.00
    0 0 0
    2011 RADCLIFFE AVENUE
    CHARLOTTE,NC28207
    JENNIFER E MERMANS SECRETARY
    1.00
    0 0 0
    22 WILSON ROAD
    PRINCETON,NJ08540
    BRYAN K MERMANS DIRECTOR
    1.00
    0 0 0
    3615 ARBORWAY
    CHARLOTTE,NC28211
    ROBIN B MERMANS DIRECTOR
    1.00
    0 0 0
    3615 ARBORWAY
    CHARLOTTE,NC28211
    NICOLE A MERMANS DIRECTOR
    1.00
    0 0 0
    361 17TH STREET NW 2223
    ATLANTA,GA30363
    ROBIN M PERRIGO DIRECTOR
    1.00
    0 0 0
    2011 RADCLIFFE AVE
    CHARLOTTE,NC28207
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    55,579,587
    b
    Average of monthly cash balances.......................
    1b
    2,689,960
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    58,269,547
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    58,269,547
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    874,043
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    57,395,504
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,869,775
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,869,775
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    109,609
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    109,609
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,760,166
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,760,166
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,760,166
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,104,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,104,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,104,000
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 2,760,166
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 3,596,111
    b From 2014...... 3,956,084
    c From 2015...... 4,243,298
    d From 2016...... 3,963,935
    e From 2017...... 3,997,086
    fTotal of lines 3a through e........ 19,756,514
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 6,104,000
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2018 distributable amount..... 2,760,166
    e Remaining amount distributed out of corpus 3,343,834
    5 Excess distributions carryover applied to 2018.    
    (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 23,100,348
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    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......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    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) .......
     
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    3,596,111
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    19,504,237
    10 Analysis of line 9:
    a Excess from 2014.... 3,956,084
    b Excess from 2015.... 4,243,298
    c Excess from 2016.... 3,963,935
    d Excess from 2017.... 3,997,086
    e Excess from 2018.... 3,343,834
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    CORNELIS A M JOHANNA MERMANS
    NICOLE A MERMANS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ANTHONY A MERMANS
    2820 SELWYN AVE SUITE 836
    CHARLOTTE,NC28209
    (980) 237-1386
    bThe form in which applications should be submitted and information and materials they should include:
    PROPOSAL/LETTER OF REQUEST INDICATING HOW ORGANIZATION'S GOALS ALIGN WITH FOUNDATION'S, AMOUNT OF MONEY REQUESTED AND HOW IT WILL BE USED. INCLUDE CURRENT FINANCIAL STATEMENTS AND PROOF OF 501(3)(C) STATUS.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO SUPPORT FOR ARTS, POLITICAL OR RELIGIOUS PURPOSES. NO GRANTS TO INDIVIUALS.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    100 BLACK MEN OF GREATER CHARLOTTE
    740 WEST FIFTH STREET
    CHARLOTTE,NC28202
      PC SCHOLARSHIPS AND MENTORING SUPPORT 30,000
    ADA JENKINSCENTER
    PO BOX 1842
    DAVIDSON,NC28036
      PC AFTER SCHOOL TUTORING AND ENRICHMENT 40,000
    ADVOCATES FOR CHILDREN OF NEW JERSE
    35 HALSEY STREET 2ND FLO
    NEWARK,NJ07102
      PC CHILDREN'S ADVOCACY PROGRAMS 50,000
    ALEXANDER YOUTH NETWORK
    6220 THERMAL ROAD
    CHARLOTTE,NC28211
      PC BEHAVIOR HEALTHCARE FOR CHILDREN 100,000
    ALLEGRO FOUNDATION
    419 ARDMORE RD
    CHARLOTTE,NC28209
      PC CLASSES FOR CHILDREN WITH DISABILITI 35,000
    ARM IN ARM
    123 E HANOVER ST
    TRENTON,NJ08608
      PC HOUSING STABILITY AND HOMELESSNESS P 50,000
    ASSISTANCE LEAGUE OF CHARLOTTE
    POST OFFICE BOX 471112
    CHARLOTTE,NC28247
      PC OPERATION SCHOOL BELL 30,000
    ATLANTA CENTER FOR SELF SUFFICIENCY
    460 EDGEWOOD AVE SE
    ATLANTA,GA30312
      PC HELP UNEMPLOYED FIND JOBS 30,000
    ATLANTA COMMUNITY FOOD BANK
    732 JOSEPH E LOWERY BLVD
    ATLANTA,GA30318
      PC INCREASE DISTRIBUTION FOR FOOD BANK 35,000
    ATLANTA TECHNICAL COLLEGE FOUNDATIO
    1560 METROPOLITAN PARKWAY
    ATLANTA,GA30310
      PC GRANTS FOR EDUCATIONAL ASSISTANCE 60,000
    AUGUSTINE LITERACY PROJECT - CHARLO
    115 WEST 7TH STREET
    CHARLOTTE,NC28202
      PC TUTORING FOR LOW INCOME KIDS 15,000
    BIG BROTHERS BIG SISTERS OF CENTRAL
    3801 E INDEPENDENCE BLVD
    CHARLOTTE,NC28205
      PC MENTORING OF SCHOOL CHILDREN 50,000
    BOYS AND GIRLS CLUB OF TRENTON & ME
    212 CENTRE STREET
    TRENTON,NJ08611
      PC AFTERSCHOOL PROGRAMS & MENTORING 35,000
    BOYS AND GIRLS CLUBS OF THE PIEDMON
    1001 COCHRAN STREET
    STATESVILLE,NC28677
      PC AFTERSCHOOL PROGRAMS & MENTORING 30,000
    BRUCE IRONS CAMP FUND
    725 PROVIDENCE RD STE 21
    CHARLOTTE,NC28207
      PC CAMP FOR UNDERSERVED YOUTH 15,000
    CAMP BLUE SKIES FOUNDATION
    1101 QUEENS ROAD WEST
    CHARLOTTE,NC28207
      PC CAMP FOR MENTALLY HANDICAPPED 20,000
    CARE RING INC
    601 EAST 5TH STREET SUIT
    CHARLOTTE,NC28202
      PC PHYSICIANS OUT REACH PROGRAMS 15,000
    CATHERINE'S HOUSE
    POBOX 1633
    BELMONT,NC28012
      PC HOUSING FOR HOMELESS WOMEN & KIDS 25,000
    CATHOLIC CHARITIES
    1123 SOUTH CHURCH STREET
    CHARLOTTE,NC28203
      PC REFUGEE FAMILY SERVICES 75,000
    CHANGED CHOICES
    PO BOX 34367
    CHARLOTTE,NC28234
      PC PROGRAMS FOR INCARCERATED WOMEN 20,000
    CHARLOTTE BILINGUAL PRESCHOOL
    6300 HIGHLAND AVENUE
    CHARLOTTE,NC28215
      PC SUPPORT FOR BILINGUAL KIDS 50,000
    CHARLOTTE FAMILY HOUSING
    300 HAWTHORNE LANE
    CHARLOTTE,NC28204
      PC HOUSING HELP FOR FAMILIES 150,000
    CHARLOTTE MECKLENBURG POLICE ACTIVI
    1330 SPRING STREET
    CHARLOTTE,NC28206
      PC MENTORING VIA SPORTS ACTIVITIES 30,000
    CHARLOTTE RESCUE MISSION
    POBOX 33000
    CHARLOTTE,NC28233
      PC REBOUND'S LEARNING CENTER EDUCATOR 25,000
    CHARLOTTE SPEECH AND HEARING CENTER
    741 KENILWORTH AVENUE SU
    CHARLOTTE,NC28204
      PC TESTING KIDS FOR SPEECH AND HEARING 25,000
    CHILD CARE RESOURCES INC
    4600 PARK ROAD
    CHARLOTTE,NC28209
      PC READING PROGRAM FOR UNDERPRIVELEGED 50,000
    CHILDREN'S ATTENTION HOME
    PO BOX 2912
    ROCK HILL,SC29732
      PC INDEPENDENT LIVING PROGRAM 50,000
    CHILDREN'S HOMES OF IREDELL COUNTY
    PO BOX 451
    STATESVILLE,NC28687
      PC PROJECT TRANSITIONS 25,000
    CHILDREN'S SCHOLARSHIP FUND - CHARL
    220 NORTH TRYON STREET
    CHARLOTTE,NC28202
      PC SCHOLARSHIPS FOR ECONOMICALLY DISADV 25,000
    CHRIS180
    1017 FAYETTEVILLE ROAD
    ATLANTA,GA30316
      PC GROUP HOME FOR VICTIMIZED CHILDREN 50,000
    CLASSROOM CENTRAL
    2116 WILKINSON BLVD
    CHARLOTTE,NC28208
      PC SCHOOL SUPPLIES FOR NEEDY KIDS 25,000
    CMS FOUNDATION
    4421 STUART ANDREW BLVD
    CHARLOTTE,NC28205
      PC READING PROGRAM FOR YOUTH 10,000
    COMMON WEALTH CHARLOTTE
    C/O GOODWILL OPPORTUNITY
    CHARLOTTE,NC28208
      PC TRAUMA-INFORMED FINANCIAL EDUCATION 25,000
    COMMUNITIES IN SCHOOLS
    601 EAST FIFTH STREET SU
    CHARLOTTE,NC28202
      PC EMPOWER STUDENTS TO STAY IN SCHOOL 15,000
    COMMUNITY CULINARY SCHOOL
    9315 D MONROE RD
    CHARLOTTE,NC28270
      PC WORKFORCE DEVELOPMENT THROUGH CULINA 35,000
    COMMUNITY LINK
    601 EAST 5TH STREET SUIT
    CHARLOTTE,NC28202
      PC HOMELESS TO HOUSING & FINANCIAL LITE 125,000
    COMMUNITY LINK
    601 EAST 5TH STREET
    CHARLOTTE,NC28202
      PC INCREASE HOUSING CAPACITY 50,000
    COUNCIL FOR CHILDREN'S RIGHTS
    601 EAST FIFTH STREET SU
    CHARLOTTE,NC28202
      PC CHILD ADVOCACY 100,000
    CPCC FOUNDATION INC
    POST OFFICE BOX 35009
    CHARLOTTE,NC28235
      PC SCHOLARSHIPS AND STUDENT SUPPORT PRO 600,000
    CRISIS ASSISTANCE MINISTRY
    500 A SPRATT STREET
    CHARLOTTE,NC28206
      PC FOOD, SHELTER & CLOTHING FOR POOR 100,000
    CROSSROADS
    3623 LATROBE DRIVE SUITE
    CHARLOTTE,NC28211
      PC HELPING KIDS STAY IN SCHOOL 25,000
    DISABILITY RIGHTS AND RESOURCES
    5801 EXECUTIVE CENTER DRI
    CHARLOTTE,NC28212
      PC PROGRAMS FOR YOUTH WITH DISABILITIES 12,000
    DOVE HOUSE CHILDREN'S ADVOCACY CENT
    2407 SIMONTON ROAD
    STATESVILLE,NC28625
      PC CHILDREN'S ADVOCACY CENTER 30,000
    DRESS FOR SUCCESS MERCER COUNTY
    3131 PRINCETON PIKE
    LAWRENCEVILLE,NJ08648
      PC LATINA LITERACY PROGRAM 20,000
    EASTER SEALUCP
    5171 GLENWOOD AVENUE
    RALEIGH,NC27612
      PC SERVICES FOR DISABLED 30,000
    ELON HOMES AND SCHOOLS FOR CHILDREN
    617 NORTH SUMMIT AVE
    CHARLOTTE,NC28216
      PC VOCATIONAL TRAINING/CHARTER SCHOOL 50,000
    FIFTH STREET MINISTRIES
    POST OFFICE BOX 5217
    STATESVILLE,NC28687
      PC HOMELESS SHELTER 50,000
    FLORENCE CRITTENTON SERVICES
    POST OFFICE BOX 36392
    CHARLOTTE,NC28236
      PC ASSIST UNWED MOTHERS & THEIR BABIES 50,000
    FOUNDATION FOR THE CAROLINAS
    220 NORTH TRYON STREET
    CHARLOTTE,NC28202
      PC ENDOWMENT FOR A WAY HOME PROJECT 50,000
    FREEDOM SCHOOL PARTNERS
    POBOX 37363
    CHARLOTTE,NC28237
      PC SUMMER EDUCATION CAMPS FOR NEEDY 75,000
    FRIENDSHIP TRAYS INC
    2401-A DISTRIBUTION STREE
    CHARLOTTE,NC28203
      PC PROVIDE MEALS FOR SHUT-INS 100,000
    GEORGIA PIEDMONT TECHN COLLEGE
    495 N INDIAN CREEK DRIVE
    CLARKSTON,GA30021
      PC ASSISTANCE FOR UNDERPRIVILEGED STUDE 50,000
    GLOBAL VILLAGE PROJECT
    205 SYCAMORE STREET
    DECATUR,GA30030
      PC ARTS PROGRAM FOR REFUGEE YOUNG WOMEN 25,000
    HABITAT FOR HUMANITY
    PO BOX 220287
    CHARLOTTE,NC28211
      PC BUILDING HOMES FOR LOW INCOME FAMS. 90,000
    HEART MATH TUTORING INC
    PO BOX 30623
    CHARLOTTE,NC28230
      PC MATH TUTORING FOR YOUTH 15,000
    HOMEFRONT
    1880 PRINCETON AVENUE
    LAWRENCEVILLE,NJ08648
      PC SUMMER EDUCATION CAMPS FOR NEEDY 35,000
    HOPE HAVEN INC
    3815 NORTH TRYON STREET
    CHARLOTTE,NC28206
      PC HOME FOR DRUG & ALCOHOL RECOVERY 85,000
    HOPE HOUSE FOUNDATION
    POBOX 61
    HUNTERSVILLE,NC28070
      PC HOMELESS SHELTER FOR WOMEN & KIDS 25,000
    HOUSE OF MERCY INC
    POST OFFICE BOX 808
    BELMONT,NC28012
      PC CARE FOR AIDS PATIENTS 25,000
    IMAGINATION LIBRARY
    POBOX 91
    HARTWELL,GA30643
      PC BOOKS FOR CHILDREN 2,000
    INREACH
    4530 PARK ROAD
    CHARLOTTE,NC28209
      PC EXERCISE & NUTRITION PROGRAM 55,000
    INTERNATIONAL HOUSE
    1817 CENTRAL AVENUE
    CHARLOTTE,NC28205
      PC READING PROGRAM FOR YOUTH 10,000
    INTERNATIONAL HOUSE
    1817 CENTRAL AVENUE
    CHARLOTTE,NC28205
      PC ADULT LITERACY FOR IMMIGRANTS 25,000
    INTERNATIONAL RESCUE COMMITTEE
    2305 PARKLAKE DRIVE NE
    ATLANTA,GA30345
      PC EDUCATION SERVICES FOR REFUGEES 70,000
    ISLES INC
    10 WOOD STREET
    TRENTON,NJ08618
      PC ISLES YOUTH INSTITUTE (IYI) 50,000
    JERUSALEM HOUSE
    17 EXECUTIVE PARK DRIVE N
    ATLANTA,GA30329
      PC THE HOUSING PROGRAMS OF JERUSALEM HO 10,000
    JOHN CROSLAND SCHOOL
    5146 PARKWAY PLAZA BLVD
    CHARLOTTE,NC28217
      PC PROGRAM FOR KIDS WITH LEARNING DISAB 50,000
    KINDERMOURN
    1320 HARDING PLACE
    CHARLOTTE,NC28204
      PC GRIEVING CHILDREN AND TEEN PROGRAM 20,000
    KIPP CHARLOTTE INC
    931 WILANN DRIVE
    CHARLOTTE,NC28215
      PC EDUCATION FOR UNDERSERVED COMMUNITY 125,000
    KIPP CHARLOTTE INC
    931 WILANN DRIVE
    CHARLOTTE,NC28215
      PC CAPITAL FOR TWO GRADE EXPANSION 50,000
    LITERACY ACTION
    231 PEACHTREE STREET NE
    ATLANTA,GA30303
      PC CREATING A CENTER FOR LITERACY EXCEL 50,000
    MATTHEWS HELP CENTER
    PO BOX 91
    MATTHEWS,NC28106
      PC MATTHEWS HELP CENTER 50,000
    MEALS ON WHEELS
    1701 SMAIN STREET
    KANNAPOLIS,NC28081
      PC MEALS FOR SHUT-INS 50,000
    MEN'S SHELTER OF CHARLOTTE
    PO BOX 36471
    CHARLOTTE,NC28236
      PC RENOVATION CAMPAIGN FOR BUILDING STA 100,000
    MEN'S SHELTER OF CHARLOTTE
    PO BOX 36471
    CHARLOTTE,NC28236
      PC MEN'S SHELTER FOR HOMELESS 125,000
    MOUNT CARMEL GUILD
    73 NORTH CLINTON AVENUE
    TRENTON,NJ08609
      PC EMERGENCY ASSISTANCE FOOD PANTRY PRO 20,000
    NAMI MERCER
    1235 WHITEHORSE MERCERVIL
    HAMILTON,NJ08619
      PC EDUCATION AND SUPPORT PROGRAMS 25,000
    NC MEDASSIST
    4428 TAGGART CREEK ROAD
    CHARLOTTE,NC28208
      PC FREE MEDICATION FOR UNINSURED AND LO 25,000
    OPEN HAND ATLANTA
    181 ARMOUR DRIVE NE
    ATLANTA,GA30324
      PC COMPREHENSIVE NUTRITION CARE 50,000
    OUR HOUSE INC
    173 BOULEVARD NE
    ATLANTA,GA30312
      PC PROGRAMS FOR HOMELESS FAMILIES 40,000
    OUR TOWNS HABITAT FOR HUMANITY
    POST OFFICE BOX 1088
    DAVIDSON,NC28036
      PC BUILDING HOMES AND HOPE IN CORNELIUS 75,000
    PAT'S PLACE CHILD ADVOCACY CENTER
    901 EAST BOULEVARD
    CHARLOTTE,NC28203
      PC CHILD ADVOCACY CENTER 100,000
    PHILIPS ACADEMY
    3115 PROVIDENCE ROAD
    CHARLOTTE,NC28211
      PC PREPARE MENTALLY HANDICAPPED FOR IND 25,000
    PLANNED PARENTHOOD SOUTH ATLANTIC
    4822 ALBERMARLE ROAD
    CHARLOTTE,NC28205
      PC CHARLOTTE CAPITAL CAMPAIGN 100,000
    PLANNED PARENTHOOD SOUTH ATLANTIC
    4822 ALBERMARLE ROAD
    CHARLOTTE,NC28205
      PC TEEN EDUCATION AND HEALTH 110,000
    PREVENTION EDUCATION INC TA PEI K
    231 LAWRENCE ROAD
    LAWRENCEVILLE,NJ08648
      PC GENERAL OPERATING SUPPORT FOR PEI KI 30,000
    RIGHT MOVES FOR YOUTH
    2211 WEST MOREHEAD STREET
    CHARLOTTE,NC28208
      PC GENERAL SUPPORT FOR YOUTH PROGRAMS 30,000
    SAFE ALLIANCE
    601 EAST FIFTH STREET
    CHARLOTTE,NC28202
      PC DOMESTIC VIOLENCE SHELTER PROGRAM 15,000
    SAMARITAN HOUSE CHARLOTTE
    611 FORTUNE STREET
    CHARLOTTE,NC28205
      PC RECUPERATIVE CARE PROGRAM (OPERATING 25,000
    SECOND HARVEST FOOD BANK OF METROLI
    500-B SPRATT STREET
    CHARLOTTE,NC28206
      PC COMMUNITY FOOD RESCUE 50,000
    SECOND HARVEST FOOD BANK OF METROLI
    500-B SPRATT STREET
    CHARLOTTE,NC28206
      PC TRUCK FOR COMMUNITY FOOD BANK 150,000
    SHELTER HEALTH SERVICES
    534 SPRATT STREET
    CHARLOTTE,NC28206
      PC INCREASING HEALTHCARE FOR HOMELESS W 55,000
    SUPPORTIVE HOUSING COMMUNITIES
    601 E FIFTH STREET
    CHARLOTTE,NC28202
      PC SUPPORT SERVICES FOR SHC RESIDENTS 100,000
    TEACH FOR AMERICA
    5855 EXECUTIVE CENTER DRI
    CHARLOTTE,NC28212
      PC RECRUIT TEACHERS FOR LOW-INCOME AREA 100,000
    THE RELATIVES INC
    119 EAST 8TH STREET
    CHARLOTTE,NC28202
      PC HELP KIDS FIND SHELTER & SUPPORT 50,000
    THE RESCUE MISSION OF TRENTON
    98 CARROLL STREET
    TRENTON,NJ08605
      PC EMERGENCY SERVICES PROGRAM 50,000
    THE SALVATION ARMY
    4015 STUART ANDREW BOULEV
    CHARLOTTE,NC28217
      PC CENTER OF HOPE GENERAL OPERATING SUP 100,000
    THE STUDY HALL INC
    1010 CREW ST SW
    ATLANTA,GA30315
      PC AFTERSCHOOL PROGRAM IN PEOPLESTOWN 15,000
    THOMPSON CHILD AND FAMILY FOCUS
    6800 SAINT PETERS LANE
    MATTHEWS,NC28105
      PC TREATMENT SERVICES AND CHILD DEVELOP 150,000
    TRENTON AREA SOUP KITCHEN (TASK)
    72 1/2 ESCHER STREET
    TRENTON,NJ08605
      PC MEALS FOR UNDERPRIVILEGED AND HOMELE 30,000
    TURNING POINT INC
    P O BOX952
    MONROE,NC28111
      PC DOMESTIC VIOLENCE SHELTER PROGRAM 35,000
    UIH FAMILY PARTNERS
    4 NORTH BROAD STREET
    TRENTON,NJ08608
      PC UIH FAMILY PARTNERS' FAMILY NIGHT OU 30,000
    UMAR
    5340 77 CENTER DRIVE
    CHARLOTTE,NC28217
      PC SERVICES FOR ADULTS WITH INTELLECTUA 25,000
    UNION COUNTY COMMUNITY SHELTER
    311 EJEFFERSON STREET
    MONROE,NC28112
      PC CAPITAL CAMPAIGN FOR COMMUNITY SHELT 60,000
    UNION COUNTY COMMUNITY SHELTER
    311 EJEFFERSON STREET
    MONROE,NC28112
      PC GENERAL OPERATING SUPPORT FOR COMMUN 65,000
    UNION COUNTY CRISIS ASSISTANCE MINI
    1333 WROOSEVELT BLVD
    MONROE,NC28110
      PC GENERAL OPERATING SUPPORT FOR CRISIS 50,000
    URBAN MINISTRY CENTER
    PO BOX 31335
    CHARLOTTE,NC28231
      PC CASE MANAGER FOR PERMANENT SUPPORTIV 55,000
    WALKING CLASSROOM INSTITUTE
    1414 RALEIGH ROAD
    CHAPEL HILL,NC27517
      PC HELP KIDS BUILD HEALTH & LITERACY 60,000
    WELLSPRING LIVING
    1040 BOULEVARD SE
    ATLANTA,GA30312
      PC WOMEN'S ACADEMY FOR ABUSE VICTIMS 15,000
    WITH FRIENDS YOUTH CRISIS CENTER
    2098 KEITH DRIVE
    GASTONIA,NC28054
      PC EMERGENCY YOUTH SHELTER 15,000
    WOMANSPACE
    1530 BRUNSWICK AVENUE
    LAWRENCEVILLE,NJ08648
      PC DOMESTIC VIOLENCE PREVENTION & SUPPO 75,000
    WORLD PEDIATRIC PROJECT
    7201 GLEN FOSTER DRIVE
    RICHMOND,VA23226
      PC LIFESAVING ACCESS TO PEDIATRIC CRITI 30,000
    YOUTH VILLAGES
    8430 UNIVERSITY EXECUTIVE
    CHARLOTTE,NC28226
      PC TRANSITIONAL LIVING PROGRAM 10,000
    YWCA
    3420 PARK ROAD
    CHARLOTTE,NC28209
      PC TRANSITIONAL HOUSING FOR HOMELESS FA 30,000
    YWCA PRINCETON
    59 PAUL ROBESONPLACE
    PRINCETON,NJ08540
      PC SUPPORT FOR YWCA'S ESL AND HSE PROGR 20,000
    Total .................................bullet 3a 6,104,000
    bApproved for future payment
    TEACH FOR AMERICA
    5855 EXECUTIVE CENTER DRI
    CHARLOTTE,NC28212
      PC TEACHERS FOR LOW-INCOME SCHOOLS 200,000
    CAMP BLUE SKIES FOUNDATION
    1101 QUEENS ROAD WEST
    CHARLOTTE,NC28207
      PC CAMP FOR MENTALLY CHALLENGED 40,000
    MEN'S SHELTER OF CHARLOTTE
    PO BOX 36471
    CHARLOTTE,NC28236
      PC RENOVATION FOR BUILDING STABILITY 200,000
    UNION COUNTY COMMUNITY SHELTER
    311 E JEFFERSON ST
    MONROE,NC28112
      PC CAPITAL TO IMPROVE COMMUNITY SHELTER 180,000
    PLANNED PARENTHOOD SOUTH ATLANTIC
    4822 ALBERMARLE RD
    CHARLOTTE,NC28205
      PC CAPITAL CAMPAIGN 300,000
    INREACH
    4530 PARK ROAD
    CHARLOTTE,NC28209
      PC HELP FOR MENTALLY HANDICAPPED 55,000
    JOHN CROSLAND SCHOOL
    5146 PARKWAY PLAZA BLVD
    CHARLOTTE,NC28217
      PC SCHOLARSHIP PROGRAM FOR LEARNING DIS 150,000
    PHILIPS ACADEMY
    3115 PROVIDENCE ROAD
    CHARLOTTE,NC28211
      PC PREPARE MENTALLY HANDICAPPED FOR IND 25,000
    WORLD PEDIATRIC PROJECT
    7201 GLEN FOSTER DRIVE
    RICHMOND,VA23226
      PC WORLD PEDIATRIC PROJECT- CHARLOTTE 30,000
    Total .................................bullet 3b 1,180,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 3,767  
    4 Dividends and interest from securities....     14 80,962  
    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.....     14 607  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 5,403,575  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,488,911  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,488,911
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    MERANCAS FOUNDATION INC
     
    Employer identification number

    56-1677733
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    MERANCAS FOUNDATION INC
     
    Employer identification number
    56-1677733
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    CORNELIS A JOHANNA MERMANS  
    14051 ISLAND DRIVE
     
    HUNTERSVILLE, NC28078

    $ 3,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    NICOLE A MERMANS  
    361 17TH STREET NW 2223
     
    ATLANTA, GA30363

    $ 213,083


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    MERANCAS FOUNDATION INC
     
    Employer identification number

    56-1677733
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    2
    840 SHARES NETFLIX INC $ 213,083 2018-12-26
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    MERANCAS FOUNDATION INC
     
    Employer identification number

    56-1677733
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2017 INCOME TAX PREPARATION 1,800      

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2U INC 609,196 1,105,325
    ACACIA COMMUNICATIONS INC    
    ACCLERATE DIAGNOSTICS INC    
    ACTIVISION BLIZZARD INC 817,047 984,397
    ADOBE SYS INC 675,770 980,977
    ADOBE SYS INC 101,744 135,292
    ALASKA COMM SYS GRP    
    ALDEYRA THERAPEUTICS 63,287 58,440
    ALIBABA GROUP HLDG LTD 750,149 976,350
    ALNYLAM PHARMACEUTICALS INC 579,541 1,200,171
    AMAZON.COM 179,727 3,522,120
    AMAZON.COM INC 27,689 105,138
    AXOGEN INC    
    AZUL SA SPON ADR    
    AZURRX BIOPHARMA INC 57,436 21,326
    BIOSCRIP 61,797 91,928
    BIOSCRIP 377,009 850,288
    BYD COMPANY LIMITED    
    CAREDX INC 141,178 133,242
    CENTENE CORP 127,735 106,653
    CHEGG INC 49,981 94,923
    CHEGG INC 520,161 1,038,268
    CODEXIS INC 70,615 142,785
    COGNEX CORP    
    DEXCOM INC 1,161,034 1,343,317
    DEXCOM INC 89,477 185,690
    EHEALTH INC 129,525 223,797
    ELBIT SYSTEMS    
    ENZO BIOCHEM INC    
    EROS INTERNATIONAL 1,382,061 952,314
    EVERBRIDGE INC    
    ETSY INC 1,920,391 2,791,741
    ETSY INC 91,941 130,818
    EVERBRIDGE INC 54,474 160,347
    EXACT SCIENCES CORP 274,683 1,681,426
    FACEBOOK INC    
    FACEBOOK INC    
    FARMER BROS CO    
    FLEXION THERAPEUTICS INC    
    FLEXION THERAPEUTICS INC 107,634 76,546
    FOUNDATION MEDICINE INC    
    FRESHPET 69,227 165,624
    GLAUKOS CORP 709,648 1,610,562
    GLOBANT SA 772,656 841,027
    GOLAR LNG LIMITED    
    HDFC BK LTD 379,441 940,804
    IMPINJ INC    
    INCYTE CORPORATION    
    INCYTE CORPORATION    
    JD COM INC    
    JD COM INC    
    LCH GROUP INC 90,322 159,127
    LUMBER LIQUIDATORS HOLDINGS INC    
    LUMENTIUM HLDGS INC    
    MARTIN MARIETTA MATERIALS INC    
    MATCH GROUP INC 665,080 493,480
    MERCADOLIBRE INC 875,002 941,806
    METRO BANK PLC    
    METRO BANK PLC    
    MICROSOFT 105,833 144,737
    MOLECULAR TEMPLATES INC 45,429 35,653
    NETFLIX 308,200 5,386,925
    NETFLIX COM INC 41,527 145,875
    NINTENDO CO LTD 2,232,332 1,460,653
    NUTRI SYS INC    
    NUVECTRA CORP 34,027 85,867
    OKTA INC 777,406 846,371
    QUANTERIX CORP 140,234 130,459
    POLARITYTE INC COM    
    Q2 HLDGS INC    
    R1 RCM 71,690 142,901
    RINGCENTRAL INC 607,009 3,211,368
    ROKU INC 1,880,688 1,180,651
    ROKU INC 85,556 53,620
    SAFARICOM NPV 258,364 721,038
    SCIENTIFIC GAMES    
    SEA LIMITED ADS    
    SEMLER SCIENTIFIC INC 97,055 105,780
    SENSEONICS HLDGS INC 402,469 257,381
    SHOTSPOTTER INC 443,576 913,792
    SPARK THERAPEUTICS INC 733,534 524,476
    SIENTRA INC 51,040 83,251
    SNAP INC    
    SOLARIS OILFIELD    
    SONY CORP    
    SQUARE INC 51,336 164,063
    SS&C TECHNOLOGIES HLDGS INC 74,841 68,793
    SUMMIT MATERIALS    
    TENCENT HOLDINGS    
    TESLA MOTORS INC    
    T MOBILE US INC 1,252,452 1,158,211
    TELADOC HEALTH INC 1,407,420 967,408
    TELADOC HEALTH INC 87,284 63,202
    TENCENT HOLDINGS LIMITED 676,790 1,023,172
    TESLA INC 1,287,940 2,884,045
    TWITTER INC 973,855 836,564
    USA TECHNOLOGIES 114,957 46,875
    VAPOTHERM INC 39,550 56,359
    VERRICA PHARMACEUTICALS INC 103,084 63,978
    VIEWRAY INC 115,221 110,474
    VIVENDI    
    ZAI LAB LIMITED 516,565 554,192

    TY 2018 LegalFeesSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,023      


    TY 2018 OtherDecreasesSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Description Amount
    ADJUST STOCK CONTRIBUTION TO BASIS 160,188


    TY 2018 OtherExpensesSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADR FEES 2,642 2,642    
    INSURANCE 1,500      
    SUBSCRIPTIONS 850      
    WEBSITE EXPENSES 119      
    COMPUTER EXPENSES 1,070      
    OTHER 304      


    TY 2018 OtherIncomeSchedule2
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SEC. LITIGATION SETTLEMENTS 607 607  


    TY 2018 TaxesSchedule
    Name:
    MERANCAS FOUNDATION INC
    EIN:
    56-1677733
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON DIVIDENDS 5,815 5,815    
    EXCISE TAX ON NET INVST INC 196,985