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
The Schmetterling Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

27-4267762
B Telephone number (see instructions)

(800) 839-1754
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$14,076,729J 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) 3,060,409
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,579 5,579  
4 Dividends and interest from securities... 314,757 314,757  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 81,547
b Gross sales price for all assets on line 6a 8,784,148
7 Capital gain net income (from Part IV, line 2)... 1,231,242
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).......      
12 Total. Add lines 1 through 11........ 3,462,292 1,551,578  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 86,253 86,253    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 45,580 12,843    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 53,943 3,275   50,668
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 185,776 102,371   50,668
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 185,776 102,371   50,668
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,276,516
b Net investment income (if negative, enter -0-) 1,449,207
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......... 476,354 508,832 508,832
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) 698,128 Click to see attachment828,503 826,331
b Investments—corporate stock (attach schedule)....... 9,520,381 Click to see attachment12,616,281 12,237,720
c Investments—corporate bonds (attach schedule)....... 493,813 Click to see attachment511,576 503,846
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) 11,188,676 14,465,192 14,076,729
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 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 11,188,676 14,465,192
30 Total net assets or fund balances (see instructions)..... 11,188,676 14,465,192
31 Total liabilities and net assets/fund balances (see instructions). 11,188,676 14,465,192
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
11,188,676
2
Enter amount from Part I, line 27a .....................
2
3,276,516
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
14,465,192
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
14,465,192
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      
b
c
d
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 8,784,148   7,552,906 1,231,242
b
c
d
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       1,231,242
b
c
d
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 1,231,242
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 34,872 8,304,787 0.004199
2016 528,241 5,305,008 0.099574
2015 532,026 4,934,264 0.107823
2014 288,662 2,742,263 0.105264
2013 48,563 1,466,242 0.033121
2
Total of line 1, column (d) .....................
2
0.349981
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
0.069996
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
13,300,476
5
Multiply line 4 by line 3......................
5
930,980
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,492
7
Add lines 5 and 6........................
7
945,472
8
Enter qualifying distributions from Part XII, line 4,.............
8
50,668
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 28,984
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 28,984
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 28,984
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 31,000
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 31,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 2,016
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,016 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)
    bulletDE
    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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Colleen Clark Co- Pres / Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    James A Clark Co- Pres / Dir / Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nicholaus Clark VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Nissa Clark VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Katrina Swartz VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    Merrill Lynch Investment Mgmt 86,253
    153 EAST 53RD STREET 47TH FLOOR
    NEW YORK,NY10022
    Foundation Source Administrative 50,643
    55 Walls Drive 3RD FLOOR
    Fairfield,CT06824
    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)
    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
    13,104,414
    b
    Average of monthly cash balances.......................
    1b
    398,607
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,503,021
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    13,503,021
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    202,545
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,300,476
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    665,024
    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
    665,024
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    28,984
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,984
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    636,040
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    636,040
    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
    636,040
    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
    50,668
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    50,668
    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
    50,668
    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 7 636,040
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 20,052
    d From 2016...... 279,005
    e From 2017......  
    fTotal of lines 3a through e........ 299,057
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 50,668
    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..... 50,668
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 299,057 299,057
    (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  
    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 ..........     		286,315
    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) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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).)
    Colleen Clark
    James A Clark
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,579  
    4 Dividends and interest from securities....     14 314,757  
    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 81,547  
    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)..   401,883  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    401,883
    (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
    The Schmetterling Foundation
     
    Employer identification number

    27-4267762
    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
    The Schmetterling Foundation
          		Employer identification number
    27-4267762
    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
    Colleen B Clark Trust  
    816 Lakewood Hills Terrace
     
    Austin, TX787322385

    		$ 507,085


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    James A Clark Trust  
    816 Lakewood Hills Terrace
     
    Austin, TX787322385

    		$ 2,553,325


    (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
    The Schmetterling Foundation
          		Employer identification number

    27-4267762
    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
    1
    		 SPDR S&P 500 ETF TRUST SPY, 1100 sh. $ 313,990 2018-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 ISHARES CORE MSCI EAFE ETF IEFA, 3000 sh. $ 193,095 2018-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 VANGUARD WINDSOR II FD ADMIRAL SHS VWNAX, 1188 sh. $ 81,235 2018-08-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 VANGUARD SMALL CAP INDEX FD ADMIRAL SHS VSMAX, 2147 sh. $ 165,620 2018-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 VANGUARD EMERGING MARKETS STOCK INDEX F VEMAX, 9394.606 sh. $ 336,797 2018-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 SPDR S&P 500 ETF TRUST SPY, 1100 sh. $ 313,990 2018-08-09
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    The Schmetterling Foundation
          		Employer identification number

    27-4267762
    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
    		 ISHARES CORE MSCI EAFE ETF IEFA, 3000 sh. $ 193,095 2018-08-09
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 VANGUARD MORGAN GROWTH FUND ADMIRAL SHA VMRAX, 14193 sh. $ 1,462,589 2018-08-09
    (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
    The Schmetterling Foundation
          		Employer identification number

    27-4267762
    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)

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    TY 2018 DepreciationSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON COM - 2.800% - 08/22/20 24,154 24,299
    AMERICAN EXPRESS CREDIT MTN - 15,942 15,829
    ANHEUSER BUSCH - 2.650% - 02/0 17,930 17,701
    ANHEUSER BUSCH INBEV BOND - 3. 16,299 15,082
    APPLE - 2.850% - 05/06/2021 17,984 18,022
    APPLE INC NOTE - 2.400% - 05/0 17,421 17,430
    BANK OF MONTREAL MTN BOND - 3. 14,958 14,993
    CAPITAL ONE FINL CORP NOTE - 3 11,645 11,090
    CITIGROUP INC NOTE - 2.900% - 17,987 17,709
    CITIGROUP INC NOTE - 3.668% - 11,937 11,343
    COMCAST CORP - 3.450% - 10/01/ 19,008 19,193
    CVS HEALTH CORP - 3.350% - 03/ 15,030 14,957
    DOWDUPONT INC NOTE CALL - 3.76 22,069 22,216
    ENTERPRISE PROD - 3.750% - 02/ 16,080 15,831
    GOLDMAN SACHS GROUP INC - 5.25 24,927 23,876
    JP MORGAN CHASE - 3.540% - 05/ 14,988 14,302
    JPMORGAN CHASE & CO SR NT - 4. 18,913 18,324
    KINDER MORGAN ENERGY PARTNERS 15,888 15,992
    MICROSOFT CORP - 2.400% - 02/0 18,908 18,781
    MORGAN STANLEY - 2.625% - 11/1 29,724 29,226
    NORTHROP GRUMMAN CORP NOTE - 2 15,868 15,482
    ORACLE CORP - 2.800% - 07/08/2 24,240 23,884
    U S BANCORP - 3.150% - 04/27/2 13,210 13,412
    UNITED HEALTH GP - 3.350% - 07 19,428 19,087
    UNITED TECHNOLOGIES CORP - 3.6 21,096 20,918
    VERIZON COMMUNICATIONS - 4.600 15,931 15,487
    WALMART INC - 3.400% - 06/26/2 16,105 16,164
    WELLS FARGO CO MTN BE - 3.300% 23,906 23,216

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 47,694 47,254
    ABB LTD 20,671 16,235
    ABBVIE INC 48,765 49,967
    ACTIVISION BLIZZARD INC 20,936 14,018
    ADOBE SYSTEMS, INC 35,032 46,379
    AES CORP 45,794 57,493
    AKZO NOBEL NV-ADR 11,657 12,148
    ALIGN TECHNOLOGY, INC 25,865 24,922
    ALLY FINANCIAL INC 9,331 7,659
    ALPHABET INC CL A 66,135 71,057
    ALTRIA GROUP INC 105,121 80,604
    AMAZON COM 106,857 157,707
    AMCOR LTD 87,387 71,573
    AMER INTERNATIONAL GROUP INC 22,878 15,133
    ANSELL LTD SP ADR 27,302 24,607
    ANTA SPORTS PRODUC UNSP ADR EA 20,277 25,277
    APPLE INC 38,492 32,810
    ARKEMA S/ADR 105,674 72,573
    ASML HOLDING NV NY REG SHS 64,107 64,427
    ASSOCIATED BRITISH FOODS PLC 78,480 64,470
    ASSURED GUARANTY LTD 12,537 12,862
    ASTRAZENECA 33,623 36,575
    AUTODESK, INC 21,623 27,394
    AXA ADS 91,159 74,459
    BAE SYSTEMS PLC 47,828 40,400
    BAIDU.COM - ADR 121,719 81,679
    BANCO BILBAO ARG SA 112,882 80,985
    BANCO ITAU HOLDING FINANCIERA 27,021 35,683
    BANK OF CHINA UNSP/ADR 54,143 47,549
    BATS SERIES M PORTFOLIO 292,253 289,506
    BAXTER INTERNATIONAL INC 30,358 32,976
    BECTON DICKINSON & CO 36,216 40,558
    BERKSHIRE HATHAWAY INC. CLASS 20,499 21,847
    BIOGEN INC 12,988 12,037
    BIOMARIN PHARMACEUTICAL INC 82,538 75,358
    BLACKROCK ALLOCATION TARGET SH 42,234 41,128
    BLACKROCK GLOBAL ALLOC INSTL 755,455 680,079
    BLACKROCK MID CAP DIVIDEND FUN 668,096 686,839
    BLACKROCK MID-CAP GROWTH EQUIT 608,900 696,816
    BLACKROCK STRAT INC OPP PORTFO 839,151 815,097
    BOOKING HOLDINGS INC 46,313 49,950
    BOSTON SCIENTIFIC 29,103 39,298
    BP PLC SPONSORED ADR 22,303 20,022
    BRIGHTHOUSE FINANCIAL INC 9,121 6,187
    BRITISH AMERICAN TOBACCO PLC 81,042 52,250
    BURBERRY GROUP PLC 68,723 63,814
    CAPITAL ONE FINANCIAL CORP 14,895 11,716
    CENTENE CORP 29,346 24,905
    CISCO SYSTEMS INC 126,974 152,955
    CITIGROUP INC 49,481 36,338
    CITIZENS FINANCIAL GROUP, INC 18,319 15,757
    CME GROUP, INC 26,058 28,782
    COMCAST CORP 47,153 44,095
    COMPAGNIE FINANCIERE RICHEMONT 58,296 43,789
    CONOCOPHILLIPS 24,912 27,995
    CONSTELLATION BRANDS INC 37,116 29,913
    COSTAR GROUP, INC 40,641 37,107
    DBS GROUP HLDGS SPON ADR 21,001 27,051
    DEUTSCHE POST AG 77,767 55,535
    DEVON ENERGY CORPORATION 30,050 15,891
    DIAGEO PLC ADS 45,792 45,518
    DISH NETWORK CORPORATION 15,470 11,087
    DOLLAR TREE INC 12,050 13,187
    DOMINOS PIZZA INC 14,878 17,607
    E*TRADE FINANCIAL CORP 16,600 12,199
    ELECTRONIC ARTS 44,986 31,327
    ENGIE 137,212 127,734
    EQUINIX, INC 104,114 89,903
    EXELON CORPORATION 29,836 36,486
    FACEBOOK INC 37,823 31,593
    FIRST ENERGY CORP 32,171 36,048
    FIRST REPUBLIC BANK 8,506 7,908
    FOMENTO ECONOMICO MEXICANO 94,238 88,201
    FREEPORT-MCMORAN COPPER & GOLD 15,547 11,712
    GENUINE PARTS COMPANY 70,922 73,551
    GILEAD SCIENCES INC 28,573 24,269
    GLAXOSMITHKLINE PLC 63,053 60,372
    GLENCORE XSTRATA PLC ADR 47,474 42,347
    HARTFORD FINANCIALSERVICES GRO 29,146 25,781
    HEINEKEN N V S ADR 37,929 33,857
    HUBBELL INCORPORATED 12,188 10,629
    IAC/INTERACTIVE CORP 15,532 14,643
    ICICI BK LTD ADS 92,620 99,988
    ILLUMINA INC COM 25,638 31,793
    IMPERIAL BRANDS PL 85,921 66,076
    INDUSTRIA DE DISENO 88,726 67,503
    INTERNATIONAL PAPER CO 65,624 52,670
    INTERPUBLIC GROUP OF COS 30,460 28,098
    INTESA SANPAOLO SPA 93,307 75,152
    INTUIT 42,133 39,961
    INTUITIVE SURGICAL 29,319 27,777
    ISHARE SP SMALL CAP 600 INDEX 667,087 698,259
    ISHARES CORE MSCI EMERGING MAR 552,567 547,930
    JAPAN TOBACCO INC 32,591 23,985
    JOHNSON & JOHNSON 76,403 73,817
    JP MORGAN CHASE 72,705 78,682
    KELLOGG CO 38,995 32,724
    KONE OYJ 75,739 72,812
    KONINKLIJKE DSM NV ADR 103,337 91,940
    KONINKLIJKE PHILIPS ELECTRONIC 53,843 46,380
    KROGER CO 15,928 14,520
    LABORATORY CORP AMER HLDGS 34,205 24,767
    LEAR CORP 10,107 7,372
    LINCOLN NATIONAL CORP 21,533 17,856
    LOWES COMPANIES INC 9,007 9,513
    M&T BANK CORP 36,170 35,067
    MARATHON OIL CORP COM 7,832 6,396
    MARATHON PETROLEUM CORP 15,017 14,044
    MASCO CORP 13,776 12,953
    MASTERCARD INC 58,670 59,613
    MEDTRONIC PLC 62,905 69,675
    MERCADOLIBRE, INC 29,821 28,992
    MICROSOFT CORP 105,615 142,604
    MITSUI FUDOSAN CO 65,628 58,828
    MOLSON COOR BREW CO CL B 60,873 50,263
    MORGAN STANLEY 25,474 20,222
    NASDAQ OMX GROUP 9,246 9,381
    NESTLE S.A 73,524 76,588
    NETFLIX INC 40,759 52,997
    NIKE INC-CL B 15,648 19,054
    NORFOLK SOUTHERN CORP 19,243 20,637
    NOVARTIS AG ADR 152,435 162,696
    NOVO NORDISK A S 30,460 30,544
    NUCOR CP 14,235 12,020
    NVIDIA CORP 27,512 21,093
    OMRON CORP S/ADR 98,652 76,763
    ORACLE CORP 23,136 22,801
    PAYCHEX 27,298 25,278
    PAYPAL HOLDINGS, INC 23,651 29,516
    PEPSICO INC 66,297 65,183
    PFIZER INC 130,500 157,140
    PHILIP MORRIS INTL 66,169 47,867
    PING AN INSURANCE GROUP ADR 101,791 92,080
    PROCTER GAMBLE CO 54,280 58,553
    PT BK MANDIR PRS UNSP/ADR 48,837 49,711
    QUALCOMM INC 62,634 59,414
    REGIONS FINANCIAL CORP 23,371 21,100
    RELX PLC 26,266 26,266
    ROCHE HOLDING LTD ADR 108,901 111,546
    ROGERS COMM CL B 78,624 90,628
    ROPER INDUSTRIES 12,497 16,258
    ROYAL DUTCH SHELL CL A 12,958 11,363
    S&P GLOBAL INC COM 29,886 29,230
    SALESFORCE.COM 50,526 53,692
    SANOFI-AVENTIS SPONSORED ADR 75,950 75,403
    SBA COMMUNICATIONS CORP 26,178 26,226
    SCHNEIDER ELEC UNSP/ADR 42,894 34,381
    SERVICE NOW 27,876 29,022
    SGS SA UNSP ADR 26,464 22,850
    SHERWIN-WILLIAMS CO 23,312 28,723
    SLM CORP 8,200 6,523
    SONIC HEALTHCARE LTD SHS 35,028 33,437
    SONY CORP ADR 70,681 70,006
    SPECTRA ENERGY CORP-W/I 45,693 39,858
    STATE STREET CORPORATION 14,596 11,290
    SUNCOR ENERGY INC 153,703 117,278
    SVENSKA HANDELSBK UNS ADR 45,818 39,766
    TAIWAN SEMICONDUCTOR MFG CO LT 36,971 39,678
    TELEPHONE & DATA SYS INC 25,931 29,286
    TELUS CORP 89,605 86,197
    TENCENT HOLDINGS LIMITED 42,196 44,483
    TESLA MOTORS INC 10,849 11,981
    TEXAS INSTRUMENTS INC 19,520 18,806
    THE COCA-COLA CO 79,476 85,798
    THE JM SMUCKER COMPANY 29,107 23,186
    TREND MICRO INCORPORATED ADS 49,362 46,613
    UNILEVER N V N Y 74,484 77,203
    UNION PACIFIC 25,734 26,264
    UNITED PARCEL SERVICE 26,587 23,407
    UNITED TECHNOLOGIES CORP 53,890 48,874
    UNITEDHEALTH GROUP INC 55,309 67,013
    US BANCORP 38,898 36,514
    VERIZON COMMUNICATIONS 72,070 76,178
    VERTEX PHARMCTLS INC 21,371 23,862
    VISA INC 70,611 92,094
    WALGREENS BOOTS ALLIANCE 32,446 28,152
    WELLS FARGO & CO 133,829 105,016
    WILLIAMS COS 33,095 25,600
    XYLEM INC 16,182 15,079
    ZIMMER BIOMET HOLDINGS 69,150 62,854
    ZOETIS INC 11,971 15,739

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    US Government Securities - End of Year Book Value:

    828,503
    US Government Securities - End of Year Fair Market Value:

    826,331
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 OtherExpensesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 50,643     50,643
    Bank Charges 3,275 3,275    
    State or Local Filing Fees 25     25


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 86,253 86,253    


    TY 2018 SubstantialContributorsSch
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Name Address
    Colleen B Clark Trust 816 Lakewood Hills Terrace
    Austin,TX787322385
    James A Clark Trust 816 Lakewood Hills Terrace
    Austin,TX787322385


    TY 2018 TaxesSchedule
    Name:
    The Schmetterling Foundation
    EIN:
    27-4267762
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 31,000      
    990-PF Extension for 2017 1,737      
    Foreign Tax Paid 12,843 12,843