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 GOODMAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1040
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALISBURY, NC28145
A Employer identification number

56-6034757
B Telephone number (see instructions)

(704) 633-5982
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$9,067,542J 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) 225,209
2 Check bullet.............
3 Interest on savings and temporary cash investments 131 131  
4 Dividends and interest from securities... 279,584 268,196  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 85,312
b Gross sales price for all assets on line 6a 915,658
7 Capital gain net income (from Part IV, line 2)... 85,312
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........ 590,236 353,639  
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).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 45,967 44,774    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,380 3,629    
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 165      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,512 48,403   0
25 Contributions, gifts, grants paid....... 426,570 426,570
26 Total expenses and disbursements. Add lines 24 and 25 481,082 48,403   426,570
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 109,154
b Net investment income (if negative, enter -0-) 305,236
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............. 2,310 16,033 16,033
2 Savings and temporary cash investments......... 183,552 103,651 103,651
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) 262,789 Click to see attachment255,840 255,840
b Investments—corporate stock (attach schedule)....... 5,307,923 Click to see attachment4,663,577 4,663,577
c Investments—corporate bonds (attach schedule)....... 2,149,840 Click to see attachment2,297,467 2,297,467
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,049,469 Click to see attachment1,730,974 1,730,974
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) 9,955,883 9,067,542 9,067,542
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.................. 9,955,883 9,067,542
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 Total net assets or fund balances (see instructions)..... 9,955,883 9,067,542
31 Total liabilities and net assets/fund balances (see instructions). 9,955,883 9,067,542
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
9,955,883
2
Enter amount from Part I, line 27a .....................
2
109,154
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,065,037
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
997,495
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
9,067,542
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 A T & T INC P 2010-03-24 2018-11-08
b ISHARES GLOBAL TELECOM ETF P 2013-08-29 2018-02-15
c A T & T INC. P 2010-04-23 2018-11-08
d MICROSOFT CORP P 2014-03-12 2018-11-15
e APERGY CORP P 2010-03-24 2018-07-10
PNC FINL SERVICES P 2011-09-08 2018-11-15
APERGY CORP P 2010-04-23 2018-07-10
TRAVELERS COMPANIES P 2015-08-24 2018-01-25
APERGY CORP P 2014-09-19 2018-07-10
UNIVERSITY NORTH CA P 2010-03-25 2018-06-01
APERGY CORP P 2014-09-19 2018-05-09
VERIZON COMMUNICATIONS P 2014-07-11 2018-02-15
CVS HEALTH CORP P 2010-04-23 2018-11-15
VERIZON COMMUNICATIONS P 2014-07-11 2018-02-15
DEERE & CO P 2013-12-06 2018-02-15
VODAFONE GROUP SPONSOR P 2018-02-15 2018-11-08
DEERE & CO P 2013-12-06 2018-02-15
WESTERN DIGITAL CORP P 2017-09-15 2018-11-15
DEERE & CO P 2013-12-06 2018-02-15
GENERAL ELECTRIC CO P 2013-01-08 2018-11-08
GENERAL ELECTRIC CO P 2013-05-31 2018-11-08
GENERAL ELECTRIC CO P 2013-05-31 2018-11-08
IBM CORP P 2016-03-17 2018-06-04
ISHARES GLOBAL TELECOM ETF P 2013-07-10 2018-02-15
(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 43,511   36,784 6,727
b 17,386   18,260 -874
c 13,985   11,776 2,209
d 30,015   10,918 19,097
e 23,251   9,286 13,965
30,112   10,730 19,382
805   374 431
108,010   73,257 34,753
7,026   6,186 840
85,000   85,000  
20   18 2
5,015   5,106 -91
20,116   9,396 10,720
22,027   22,429 -402
32,672   17,083 15,589
48,970   73,389 -24,419
65,345   34,163 31,182
67,362   131,432 -64,070
98,018   51,245 46,773
30,333   69,038 -38,705
3,677   9,475 -5,798
4,596   11,844 -7,248
100,012   102,653 -2,641
29,556   30,504 -948
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       6,727
b       -874
c       2,209
d       19,097
e       13,965
      19,382
      431
      34,753
      840
       
      2
      -91
      10,720
      -402
      15,589
      -24,419
      31,182
      -64,070
      46,773
      -38,705
      -5,798
      -7,248
      -2,641
      -948
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 85,312
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 -24,419
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 445,969 9,321,753 0.047842
2016 414,242 8,280,773 0.050025
2015 396,785 8,339,250 0.047580
2014 383,769 8,357,770 0.045918
2013 225,108 7,566,020 0.029752
2
Total of line 1, column (d) .....................
2
0.221117
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
0.044223
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,871,972
5
Multiply line 4 by line 3......................
5
436,568
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,052
7
Add lines 5 and 6........................
7
439,620
8
Enter qualifying distributions from Part XII, line 4,.............
8
426,570
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 6,105
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 6,105
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 6,105
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,500
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 3,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,605
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   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 addressbulletN/A
    14
    The books are in care ofbulletARTHUR L HATTAWAY JR Telephone no.bullet (704) 633-5982

    Located atbulletPO BOX 1040SALISBURYNC ZIP+4bullet281451040
    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
    JEFFREY V GOODMAN PRESIDENT &
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC281451040
    MICHAEL A GOODMAN VICE PRESIDE
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC281451040
    GAIL G SETTLE SECRETARY
    000.00     		0 0 0
    P O BOX 1040
    SALISBURY,NC28145
    ARTHUR L HATTAWAY JR ASST. SECRET
    000.00     		0 0 0
    PO BOX 1040
    SALISBURY,NC281451040
    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
    9,923,719
    b
    Average of monthly cash balances.......................
    1b
    98,588
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,022,307
    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
    10,022,307
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    150,335
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,871,972
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    493,599
    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
    493,599
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    6,105
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,105
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    487,494
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    487,494
    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
    487,494
    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
    426,570
    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
    426,570
    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
    426,570
    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 7 487,494
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 419,984
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 426,570
    a Applied to 2017, but not more than line 2a 419,984
    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..... 6,586
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		480,908
    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).)
    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
    APPALACHIAN REGIONAL HEALTHCARE SYS
    PO BOX 2600
    BOONE,NC28607     		  PC CHARITABLE USE 10,300
    AGRICULTURAL DEVELOPMENT FUND
    3400 BURNETT TANDY DRIVE
    FORT WORTH,TX761073056     		  PC CHARITABLE USE 500
    ANNUAL GIVING FOR NCSU
    CAMPUS BOX 7474
    RALEIGH,NC27695     		  PC CHARITABLE USE 10,000
    ALL SOULS COUNSELING CENTER
    35 ARLINGTON STREET
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 350
    ALZHEIMERS ASSOCIATION
    31 COLLEGE PLACE
    SUITE D-307
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 2,000
    BELL TOWER GREEN
    PO BOX 4242
    ASHEVILLE,NC28145     		  PC PARK CONSTRUCTION 50,000
    AMERICAN CANCER SOCIETY
    PO BOX 511
    ATLANTA,GA303025111     		  PC CHARITABLE USE 1,000
    AMERICAN RED CROSS
    PO BOX 37839
    BOONE,IA500370839     		  PC DISASTER RELIEF 10,000
    NORTH CAROLINA STATE UNIVERSITY
    FOUNDATION
    CAMPUS BOX 7207
    RALEIGH,NC27695     		  PC CHARITABLE USE 30,000
    ASHEVILLE ART MUSEUM
    2 SOUTH PACK SQUARE
    ASHEVILLE,NC28801     		  PC OPERATIONAL EXPENSES 1,000
    ASHEVILLE CATHOLIC SCHOOL
    12 CULVERN STREET
    ASHEVILLE,NC28804     		  PC CHARITABLE USE 1,000
    ASHEVILLE HUMANE SOCIETY
    14 FOREVER FRIEND LANE
    ASHEVILLE,NC28806     		  PC OPERATIONAL EXPENSES 1,200
    ASHEVILLE MUSEUM OF SCIENCE
    43 PATTON AVENUE
    ASHEVILLE,NC28801     		  PC OPERATIONAL EXPENSES 11,000
    ASHEVILLE SCHOOL
    360 ASHEVILLE SCHOOL ROAD
    ASHEVILLE,NC28806     		  PC CHARITABLE USE 1,000
    BUDDIES PLACE CAT RESCUE
    PO BOX 123593
    FORT WORTH,TX76121     		  PC OPERATIONAL EXPENSES 5,000
    CARE PARTNERS HOSPICE
    PO BOX 25338
    ASHEVILLE,NC28813     		  PC CHARITABLE USE 100
    CAROLINA RESOURCE CENTER FOR
    DISORDERED EATING
    50 S FRENCH BROAD AVE
    SUITE 250
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 27,500
    CATAWBA COLLEGE
    2300 WEST INNES STREET
    SALISBURY,NC28144     		  PC ALBERT H. GUDGER ENDOWED SCHOLARSHIP 1,000
    CENTRAL UNITED METHODIST CHURCH
    27 CHURCH STREET
    ASHEVILLE,NC28803     		  PC CHARITABLE USE 67,100
    CFWNC
    4 VANDERBILT PARK DRIVE
    ASHEVILLE,NC28804     		  PC CHARITABLE USE 1,200
    COOK CHILDREN'S HEALTH FOUNDATION
    801 7TH AVENUE
    FORT WORTH,TX76104     		  PC CHARITABLE USE 5,000
    CROSSNORE SCHOOL & CHILDREN'S HOME
    709 5TH AVENUE WEST
    HENDERSONVILLE,NC28739     		  PC CHARITABLE USE 200
    FOLDS OF HONOR FOUNDATION
    5800 N PATRIOT DRIVE
    OWASSO,OK74055     		  PC CHARITABLE USE 200
    GEORGE W BUSH PRESIDENTIAL CENTER
    PO BOX 560887
    DALLAS,TX753569733     		  PC CHARITABLE USE 6,000
    GIVENS
    2360 SWEETEN CREEK ROAD
    ASHEVILLE,NC28803     		  PC CHARITABLE USE 100
    GLADNEY CENTER FOR ADOPTION
    6300 JOHN RYAN DRIVE
    FORT WORTH,TX761324122     		  PC CHARITABLE USE 500
    GOODFELLOWS FUND
    PO BOX 1870
    FORT WORTH,TX76101     		  PC CHARITABLE USE 1,000
    GRACE LUTHERAN CHURCH
    115 E KING STREET
    BOONE,NC28607     		  PC CHARITABLE USE 1,000
    GRANDFATHER MOUNTAIN
    STEWARDSHIP FOUNDATION
    PO BOX 129
    LINVILLE,NC28646     		  PC CHARITABLE USE 10,000
    GREENSBORO COLLEGE
    815 WEST MARKET STREET
    GREENSBORO,NC27401     		  PC CHARITABLE USE 5,000
    HABITAT FOR HUMANITY
    33 MEADOW ROAD
    ASHEVILLE,NC28803     		  PC CHARITABLE USE 1,000
    HAYWOOD STREET CONGREGATION
    PO BOX 2982
    ASHEVILLE,NC28802     		  PC CHARITABLE USE 1,500
    HELPMATE
    PO BOX 2263
    ASHEVILLE,NC28802     		  PC CHARITABLE USE 1,000
    HIGH COUNTRY BREAST CANCER
    FOUNDATION
    PO BOX 1029
    BOONE,NC28605     		  PC CHARITABLE USE 1,000
    HIGH COUNTRY UNITED WAY
    PO BOX 247
    BOONE,NC28607     		  PC CHARITABLE USE 1,000
    HIGHLAND PARK EDUCATION FOUNDATION
    4201 GRASSMERE LANE
    DALLAS,TX75205     		  PC CHARITABLE USE 5,000
    HOMEWARD BOUND
    218 PATTON AVENUE
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 200
    J F HURLEY YMCA
    828 JAKE ALEXANDER BLVD W
    SALISBURY,NC28147     		  PC CHARITABLE USE 2,000
    JAMES L WEST ALZHEIMERS CENTER
    1111 SUMMIT AVENUE
    FORT WORTH,TX76102     		  PC CHARITABLE USE 5,000
    LIVE BOUNDLESS
    86 ROLLING MEADOW ROAD
    FLETCHER,NC28732     		  PC CHARITABLE USE 1,000
    MANNA FOODBANK
    627 SWANNANOA RIVER ROAD
    ASHEVILLE,NC28805     		  PC CHARITABLE USE 1,000
    MEALS ON WHEELS OF ASHEVILLE &
    BUNCOMBE COUNTY
    146 VICTORIA ROAD
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 1,000
    MEMORYCARE
    100 FAR HORIZONS LANE
    ASHEVILLE,NC28803     		  PC CHARITABLE USE 1,000
    MOUNTAIN CHILD ADVOCACY CENTER
    11 VANDERBILT PARK DRIVE
    SUITE A
    ASHEVILLE,NC28803     		  PC CHARITABLE USE 2,000
    NATIONAL PARK FOUNDATION
    PO BOX 17394
    BRIGHTON,MA02135     		  PC CHARITABLE USE 200
    NATIONAL TAY SACHS AND
    ALLIED DISEASES
    2001 BEACON STREET
    NO 204
    BRIGHTON,MA02135     		  PC CHARITABLE USE 2,000
    NC STATE UNIVERSITY STUDENT AID
    ASSOCIATION
    PO BOX 37100
    RALIEGH,NC27627     		  PC ACADEMIC PROGRAM SUPPORT 11,400
    NCSU COLLEGE OF VETERINARY MEDICINE
    FOUNDATION
    CAMPUS BOX 7207
    RALEIGH,NC276977207     		  PC CHARITABLE USE 10,000
    OUTRIGHT YOUTH OF CATAWBA VALLEY
    PO BOX 2222
    HICKORY,NC28603     		  PC CHARITABLE USE 1,000
    PISGAH LEGAL CENTER
    PO BOX 2276
    ASHEVILLE,NC288022276     		  PC CHARITABLE USE 1,000
    READERS TO LEADERS
    2223 SINGLETON BLVD
    SUITE 140
    DALLAS,TX75212     		  PC CHARITABLE USE 1,000
    ROWAN MUSEUM
    202 NORTH MAIN STREET
    SALISBURY,NC28144     		  PC CHARITABLE USE 5,000
    SERVE TO LEAD
    PO BOX 1964
    ASHEVILLE,NC28802     		  PC CHARITABLE USE 1,000
    SHRINERS HOSPITAL FOR CHILDREN
    950 WEST FARIS STREET
    GREENVILLE,SC29605     		  PC CHARITABLE USE 100
    SOUTHSIDE CHRISTIAN SCHOOL
    2211 WOODRUFF RD
    SIMPSONVILLE,SC29681     		  PC OPERATIONAL EXPENSES 20,000
    ST ANDREWS UNIVERSITY
    1700 DOGWOOD MILE
    LAURINBURG,NC28352     		  PC EDUCATIONAL SUPPORT 6,000
    ST FRANCIS EPISCOPAL DAY SCHOOL
    335 PINEY POINT ROAD
    HOUSTON,TX77024     		  PC EDUCATIONAL PROGRAMS 10,000
    ST JOSEPH'S INDIAN SCHOOL
    PO BOX 300
    CHAMBERLAIN,SD573259919     		  PC CHARITABLE USE 150
    NC ARBORETUM SOCIETY
    100 FREDERICK LAW
    OLMSTED WAY
    ASHEVILLE,NC28806     		  PC CHARITABLE USE 1,070
    THE SALVATION ARMY
    PO BOX 2956
    ASHEVILLE,NC288022956     		  PC CHARITABLE USE 500
    UNC-TV
    PO BOX 600067
    RALEIGH,NC27675     		  PC OPERATIONAL EXPENSES 2,500
    UNITED WAY OF ASHEVILLE
    50 S FRENCH BROAD AVE
    ASHEVILLE,NC28801     		  PC CHARITABLE USE 34,500
    UT SOUTHWESTERN
    PO BOX 910888
    DALLAS,TX753910888     		  PC CHARITABLE USE 15,000
    WATAUGA HUMANE SOCIETY
    312 PAWS WAY
    BOONE,NC28607     		  PC OPERATIONAL EXPENSES 10,200
    WATAUGA HEALTH CARE FOUNDATION
    PO BOX 2600
    BOONE,NC28607     		  PC CHARITABLE USE 5,000
    YOSEF
    PO BOX 32025
    BOONE,NC28608     		  PC SCHOLARSHIPS 5,000
    Total .................................bullet 3a 426,570
    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 ...........     		    14 131  
    4 Dividends and interest from securities....     14 279,584  
    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 ............     		    14 85,312  
    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)..   365,027  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    365,027
    (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 GOODMAN FOUNDATION INC
     
    Employer identification number

    56-6034757
    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 GOODMAN FOUNDATION INC
          		Employer identification number
    56-6034757
    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
    AGGREGATE RESOURCES LLC
     
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 32,666


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    B V HEDRICK GRAVEL & SAND COMPANY
     
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 130,639


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    MATERIAL SALES COMPANY
     
    PO BOX 1040
     
    SALIBURY, NC28145

    		$ 14,565


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    CUMBERLAND GRAVEL & SAND COMPANY
     
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 36,278


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    SOUTHERN CONCRETE MATERIALS
     
    PO BOX 1040
     
    SALISBURY, NC28145

    		$ 11,061


    (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 GOODMAN FOUNDATION INC
          		Employer identification number

    56-6034757
    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
     
    		$    
    (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
    THE GOODMAN FOUNDATION INC
          		Employer identification number

    56-6034757
    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 InvestmentsCorpBondsSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LOOMIS SAYLES BOND FUND 70,873 70,873
    METROPOLITAN WEST HIGH    
    METROPOLITAN WEST TOTAL 479,960 479,960
    OPPENHEIMER INTL BOND FD 261,756 261,756
    TEMPLETON GLOBAL BOND 247,867 247,867
    VANGUARD INFLATION 393,402 393,402
    VANGUARD SHORT TERM 730,377 730,377
    OPPENHEIMER SENIOR 113,232 113,232

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AFLAC INC QTY 1700 SHS 154,904 154,904
    AMGEN INC. 102,396 102,396
    APPLE INC 1610 SHS 253,961 253,961
    AT&T INC NEW 1850 SHS    
    BLACK ROCK INC 400 SHS 157,128 157,128
    CARDINAL HEALTH INC 770 SHS 34,342 34,342
    CHEVRON CORPORATION 1145 SHS 124,565 124,565
    CHINA MOBILE LTD 50,592 50,592
    CISCO SYSTEMS INC 5250 SHS 227,483 227,483
    COMCAST CLASS A 995 SHS 110,118 110,118
    CVS CAREMARK CORP 1770 SHS 99,328 99,328
    DEERE & CO 1200 SHS    
    DISCOVER FINANCIAL SVCS 1500 SHS 88,470 88,470
    DOVER CORPORATION 1545 SHS 109,618 109,618
    EMERSON ELECTRIC CO 1380 SHS 82,455 82,455
    EQUIFAX 365 SHS    
    EXXON MOBIL CORPORATION 900 SHS 61,371 61,371
    GENERAL ELECTRIC CO 4200 SHS    
    GILEAD SCIENCES INC 52,229 52,229
    HOME DEPOT INC 730 SHS 125,429 125,429
    IBM CORP 700 SHS    
    INTEL CORP 4830 SHS 226,672 226,672
    INTERPUBLIC GRP COS 43,467 43,467
    JOHNSON & JOHNSON 1010 SHS 130,341 130,341
    JPMORGAN CHASE & CO 1860 SHS 181,573 181,573
    KINDER MORGAN INC 3800 SHS 58,444 58,444
    MICROSOFT CORP 2910 SHS 266,621 266,621
    NORDSTROM INC 1500 SHS    
    NOVO NORDISK A/S 2440 SHS 112,411 112,411
    ORACLE CORP 95,221 95,221
    PAYCHEX INC 2315 SHS    
    PEPSICO INCORPORATED 1600 SHS 176,768 176,768
    PNC FINL SERVICES GP INC 1250 SHS 87,683 87,683
    POLARIS INDUSTRIES 1455 SHS 111,569 111,569
    PROCTER & GAMBLE 1025 SHS 94,218 94,218
    PRUDENTIAL FINANCIAL INC 1250 SHS 101,938 101,938
    RIO TINTO PLC SPON ADR F 2540 SHS 123,139 123,139
    STRYKER CORP 1120 SHS 175,560 175,560
    SYSCO CORPORATION 2110 SHS 132,213 132,213
    TAIWAN SEMICONDUCTOR ADRF 4820 SHS 177,906 177,906
    TARGET CORPORATION 2216 SHS 146,455 146,455
    TIME WARNER INC NEW 2310 SHS    
    TOTAL S A ADR F 1650 SHS 86,097 86,097
    TRAVELERS COMPANIES 730 SHS    
    UNITED PARCEL SRVC 170,482 170,482
    VERIZON COMMUNICATIONS 550 SHS    
    WAL-MART STORES INC 1400 SHS 130,410 130,410
    WESTERN DIGITAL CORP    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


    255,840
    State & Local Government Securities - End of Year Fair Market Value:


    255,840


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN FD EUROPACIFIC FUND FMV 224,868 224,868
    DELAWARE SMALL CAP VALUE FMV 202,390 202,390
    MATTHEWS PACIFIC TIGER FUND FMV 143,491 143,491
    OPPENHEIMER DEVLEOPING FUND FMV 126,416 126,416
    ISHARES RUSSELL 2000 FMV    
    SPDR S&P BIOTECH ETF FMV 126,998 126,998
    WISDOMTREE INTERNATIONAL FMV 265,154 265,154
    ISHARES GLOBAL TELECOM FMV 128,544 128,544
    SELECT SECTOR INDUSTRIAL FMV 84,635 84,635
    WISDOM US MIDCAP FMV 350,144 350,144
    WIDSOM EMRG MKTS FMV 78,334 78,334

    TY 2018 OtherDecreasesSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Description Amount
    DECREASE IN MARKET VALUE OF SECURITIES 997,495


    TY 2018 OtherExpensesSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK SERVICE CHARGES 165      


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISOR FEES 45,967 44,774    


    TY 2018 TaxesSchedule
    Name:
    THE GOODMAN FOUNDATION INC
    EIN:
    56-6034757
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 4,751      
    FOREIGN TAXES ON DIVIDENDS 3,629 3,629