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
Henry and Sara Sheehan Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)310 N Kensington Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
La Grange Park, IL605261870
A Employer identification number

45-4126770
B Telephone number (see instructions)

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$3,458,288J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 11 11  
4 Dividends and interest from securities... 90,852 90,852  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 74,167
b Gross sales price for all assets on line 6a 1,188,186
7 Capital gain net income (from Part IV, line 2)... 74,167
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)....... Click to see attachment -239    
12 Total. Add lines 1 through 11........ 164,791 165,030  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 72,000 10,000   62,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 195     195
b Accounting fees (attach schedule)....... Click to see attachment 6,950 2,000   4,950
c Other professional fees (attach schedule).... Click to see attachment 5,876     5,876
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,308 3,565   4,743
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,368    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,329     1,329
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 38,013 37,054   959
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,039 52,619   80,052
25 Contributions, gifts, grants paid....... 99,000 99,000
26 Total expenses and disbursements. Add lines 24 and 25 234,039 52,619   179,052
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -69,248
b Net investment income (if negative, enter -0-) 112,411
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 598 26,235 26,235
2 Savings and temporary cash investments......... 90,116 164,218 164,218
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.......... 344 3,613 3,613
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,757,435 Click to see attachment1,578,457 1,944,032
c Investments—corporate bonds (attach schedule)....... 1,309,227 Click to see attachment1,316,789 1,307,646
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,628 Click to see attachment11,678 11,678
14 Land, buildings, and equipment: basis bullet13,333
Less: accumulated depreciation (attach schedule) bullet12,467 3,234 Click to see attachment866 866
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,170,582 3,101,856 3,458,288
Liabilities 17 Accounts payable and accrued expenses.......... 2,493  
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)   Click to see attachment3,015
23 Total liabilities (add lines 17 through 22)......... 2,493 3,015
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.................. 3,168,089 3,098,841
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)..... 3,168,089 3,098,841
31 Total liabilities and net assets/fund balances (see instructions). 3,170,582 3,101,856
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
3,168,089
2
Enter amount from Part I, line 27a .....................
2
-69,248
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,098,841
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
3,098,841
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 ANHEUSER BUSCH INBEV SPN ADR P 2018-01-01 2018-11-06
b CELGENE CORP COM P 2017-07-10 2018-02-09
c EOG RESOURCES INC COM P 2018-01-01 2018-09-09
d GARRETT MOTION INC COM P 2018-11-09 2018-11-06
e GOLDMAN FSQ PRIME OBLIGATION FUND P 2018-01-01 2018-06-28
GOLDMAN FSQ PRIME OBLIGATION FUND P 2018-01-01 2018-07-06
NEWELL RUBBERMAID INC COM P 2018-01-01 2018-01-25
RESIDED TECHNOLOGIES INC COM P 2018-11-02 2018-11-06
SCHLUMBERGER LTD COM P 2018-01-01 2018-11-08
SERVICENOW INC COM P 2018-02-26 2018-11-12
SPDR S&P REGIONAL BANKING ETF P 2018-04-10 2018-12-19
VANGUARD COMMUNICATION SERVICES ETF P 2018-01-01 2018-12-19
VANGUARD FIXED INCOME SEC FD SHORT P 2014-12-18 2018-04-03
ALLERGAN PLC COM P 2017-01-01 2018-07-02
ALLSTATE CORP COM P 2015-04-10 2018-05-18
ALPHABET INC Cl C COM P 2013-07-02 2018-02-07
ALPHABET INC Cl C COM P 2017-01-01 2018-04-03
ALPHABET INC Cl C COM P 2017-01-01 2018-05-18
ALPHABET INC Cl C COM P 2012-02-15 2018-11-06
AM FUNDS EUROPACIFIC GROWTH FUND F- P 2017-01-01 2018-10-02
AM FUNDS GROWTH FUND OF AMERICA FUN P 2017-01-01 2018-02-27
AMAZONCOM INC COM P 2015-04-10 2018-04-03
AMAZON COM INC COM P 2018-04-10 2018-11-06
AMAZONCOM INC COM P 2015-04-10 2018-11-12
ANHEUSER BUSCH INBEV FIN 2 15 020 P 2015-08-04 2018-04-23
ANHEUSER BUSCH INBEV SPN ADR P 2017-09-14 2018-11-06
APPLE COMPUTER INC COM P 2014-12-04 2018-02-07
APPLE COMPUTER INC COM P 2014-11-11 2018-04-03
APPLE COMPUTER INC COM P 2017-01-01 2018-11-12
BOEING CO COM P 2015-05-13 2018-02-09
BOEING CO COM P 2017-03-07 2018-04-10
BOEING CO COM P 2017-01-01 2018-05-02
CELGENE CORP COM P 2017-01-01 2018-02-09
CISCO SYSTEMS INC COM P 2013-08-20 2018-05-18
COGNIZANT TECH SOLUTIONS CORP CL A P 2017-01-01 2018-02-07
CVS CORP COM P 2015-05-13 2018-04-03
CVS CORP COM P 2015-05-13 2018-05-18
CVS CORP COM P 2017-01-01 2018-07-02
EATON CORP PLC ORD P 2017-03-15 2018-04-03
EATON CORP PLC ORD P 2017-03-02 2018-05-02
FACEBOOK INC CL A COM P 2017-01-01 2018-04-03
FACEBOOK INC CL A COM P 2017-01-01 2018-04-10
GARRETT MOTION INC COM P 2017-01-01 2018-11-06
HARBOR CAPITAL APPRECIATION FUND RE P 2017-02-21 2018-04-03
HARBOR CAPITAL APPRECIATION FUND RE P 2017-02-21 2018-11-12
HARBOR CAPITAL APPRECIATION FUND RE P 2017-01-01 2018-12-19
ILLINOIS TOOL WORKS INC COM P 2017-01-01 2018-04-03
ILLINOIS TOOL WORKS INC COM P 2017-01-01 2018-05-02
ILLINOIS TOOL WORKS INC COM P 2017-01-01 2018-12-19
JOHNSON & JOHNSON COM P 2017-10-24 2018-12-14
LAM RESEARCH CORP COM P 2017-04-24 2018-07-03
MASTERCARD INC CL A COM P 2017-09-14 2018-11-12
MICROCHIP TECHNOLOGY INC COM P 2017-01-01 2018-02-09
PFIZER INC COM P 2017-01-01 2018-05-02
PHILIP MORRIS INTERNATIONAL INC COM P 2017-01-01 2018-06-03
PROCTOR & GAMBLE CO COM P 2017-01-01 2018-02-09
PROCTOR & GAMBLE CO COM P 2017-02-23 2018-04-03
QUALCOMM INC 140 051 82 0 1 8 P 2015-07-14 2018-05-18
RESIDED TECHNOLOG IES INC COM P 2017-01-01 2018-11-06
SCHLUMBERG ER LTD COM P 2017-01-01 2018-11-06
SCHWAB CHARLES CORP COM P 2017-03-15 2018-05-18
SPDR S&P DIVIDEND ETF P 2016-08-18 2018-04-03
SPDR S&P DIVIDEND ETF P 2016-08-18 2018-05-18
SPDR S&P REGIONAL BANKING ETF P 2017-01-01 2018-12-19
STATE STREET CORP 1350 05152018 P 2014-12-15 2018-05-15
T ROWE PR GROWTH STOCK FUND- I P 2015-06-09 2018-07-02
UNION PAC CORP COM P 2017-04-24 2018-12-19
US BANCORP 195 11152018 CALLABLE P 2014-01-08 2018-10-15
US BANCORP DEL NEW COM P 2014-12-04 2018-04-03
US BANCORP DEL NEW COM P 2013-07-02 2018-04-10
US BANCORP DEL NEW COM P 2013-04-01 2018-11-12
VANGUARD COMMUNICATION SERVICES ETF P 2017-10-24 2018-12-19
VANGUARD FTSE DEVELOPED MARKETS ETF P 2017-09-14 2018-11-12
VANGUARD FTSE DEVELOPED MARKETS ETF P 2017-01-01 2018-12-19
VANGUARD MID CAP INDEX ADM P 2015-04-10 2018-02-09
VANGUARD MID CAP INDEX ADM P 2017-02-21 2018-12-19
VANGUARD SML CAP INDX-ADM P 2016-08-18 2018-02-09
VANGUARD VALUE INDEX-A P 2016-03-07 2018-01-12
VANGUARD WORLD MATERIALS ETF P 2017-10-24 2018-12-19
WORLDPAY INC CLA A COM P 2017-09-14 2018-11-12
ALPHABET INC CL C COM P 2010-01-03 2018-11-06
GILEAD SCIENCES INC COM P 2010-01-03 2018-05-18
TORONTO DOMINION BANK 14 0 04302 P 2013-12-18 2018-04-30
WAL-MART STORES INC 195 12152 01 P 2013-12-18 2018-12-15
(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 3,784   4,984 -1,200
b 2,275   3,318 -1,043
c 9,912   9,963 -51
d 8   9 -1
e 50,000   50,005 -5
100,000   100,000  
9,632   19,925 -10,293
12   13 -1
5,194   6,560 -1,366
4,305   4,013 292
4,607   6,032 -1,425
5,588   6,634 -1,046
15,000   15,214 -214
12,495   19,619 -7,124
2,370   1,801 569
5,391   2,213 3,178
5,050   1,607 3,443
5,336   1,579 3,757
3,163   919 2,244
34,348   34,000 348
85,395   70,000 15,395
6,973   1,921 5,052
8,235   1,921 6,314
8,317   1,921 6,396
75,000   75,162 -162
7,568   12,185 -4,617
4,072   2,907 1,165
8,374   5,437 2,937
4,892   2,210 2,682
8,219   3,648 4,571
4,973   2,731 2,242
8,232   4,010 4,222
15,924   15,129 795
4,318   2,458 1,860
19,726   13,349 6,377
1,553   2,492 -939
3,258   4,984 -1,726
4,881   5,218 -337
3,839   3,546 293
7,346   6,935 411
7,794   6,930 864
7,878   6,996 882
336   300 36
20,000   17,330 2,670
5,000   4,243 757
10,000   10,045 -45
3,855   1,413 2,442
3,579   1,401 2,178
3,127   1,386 1,741
13,250   14,143 -893
8,612   7,079 1,533
5,038   3,545 1,493
42,161   24,611 17,550
10,507   9,798 709
4,049   5,661 -1,612
5,924   6,485 -561
1,953   2,279 -326
75,000   75,000  
892   847 45
10,387   14,083 -3,696
2,963   2,131 832
4,511   4,305 206
13,805   12,914 891
13,822   16,981 -3,159
75,000   75,000  
10,000   8,064 1,936
3,428   2,735 693
50,000   49,997 3
4,983   4,443 540
5,106   3,634 1,472
2,650   1,701 949
14,900   18,169 -3,269
1,987   2,164 -177
14,994   17,382 -2,388
15,000   13,024 1,976
7,000   7,063 -63
10,000   8,616 1,384
10,000   7,368 2,632
10,903   13,380 -2,477
4,418   3,613 805
2,109   603 1,506
1,700   589 1,111
50,000   49,996 4
50,000   50,000  
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        
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 74,167
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 -16,139
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 173,966 3,603,587 0.048276
2016 179,680 3,495,957 0.051397
2015 190,660 3,641,425 0.052359
2014 125,450 3,836,208 0.032702
2013 107,048 2,629,724 0.040707
2
Total of line 1, column (d) .....................
2
0.225439
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
0.045088
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,671,076
5
Multiply line 4 by line 3......................
5
165,521
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,124
7
Add lines 5 and 6........................
7
166,645
8
Enter qualifying distributions from Part XII, line 4,.............
8
179,052
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 1,124
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,124
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,124
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,800
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 2,800
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,676
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,676 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)
    bulletIL
    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 addressbullethttpsarascholarship.org
    14
    The books are in care ofbulletJoseph S Witkowski Telephone no.bullet (708) 579-1308

    Located atbullet310 N Kensington AvenueLa Grange ParkIL ZIP+4bullet605261870
    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 bullet2018, 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
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet2017, 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
    Joseph S Witkowski Executive Director
    10.00     		72,000 0 725
    310 N Kensington Avenue
    La Grange Park,IL605261870
    Robert J Wagner Director and President
    1.00     		200 0 54
    108 N Walkup Avenue
    Crystal Lake,IL60014
    Linda Bykowski Treasurer
    1.00     		200 0 0
    816 Regner Road
    McHenry,IL60051
    Billie J Paige Director
    1.00     		200 0 45
    24725 South Chesnut Lane
    Crete,IL60417
    Susan Kutchta Director
    1.00     		200 0 0
    28572 Windmere Court
    Lake Bluff,IL60044
    Catherine Dickson Director
    1.00     		200 0 505
    1801 Van Landingham Drive
    McKinney,TX750714779
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 Administration of scholarship awards program 80,052
    2 Recipient scholarship awards issued 96,000
    3 Charitable contributions 3,000
    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
    3,605,340
    b
    Average of monthly cash balances.......................
    1b
    111,737
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,904
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,726,981
    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
    3,726,981
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    55,905
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,671,076
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    183,554
    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
    183,554
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,124
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,124
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    182,430
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    182,430
    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
    182,430
    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
    179,052
    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
    179,052
    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
    1,124
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    177,928
    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 7 182,430
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 23,547
    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$ 179,052
    a Applied to 2017, but not more than line 2a 23,547
    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..... 155,505
    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 ..........     		26,925
    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).)
    None
    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.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Joseph S Witkowski Executive Dir
    310 N Kensington Avenue
    La Grange Park,IL60526
    (708) 579-1308
    clwitkowski@yahoo.com
    bThe form in which applications should be submitted and information and materials they should include:
    Completed Sara Scholarship Application formCopy of Official High School Transcript (including Fall semester grades from senior year)Applicants personal essay and Letter of RecommendationCopy of applicants Student Aid Report (SAR), including the Expected Family Contribution (EFC)In order to qualify for the Sara Scholarship, you must first file a Free Application For Student Aid (FAFSA)
    cAny submission deadlines:
    May 1 2017
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Recipient must be female, college bound high school senior, GPA of at least 3.3 on a 4.0 scale, financial need, involvement with golf
    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
    Maryville Academy
    1150 N River Road
    Des Plaines,IL600161214     		None PC Residentialprograms behavioral mental health serv 3,000
    Duneshka Cruz
    3745 Montreux Lane Unit 201
    Naples,FL34114     		None I Scholarship 2,000
    Amber Eckstein
    18910 180th Avenue NW
    Big Lake,MN55309     		None I Scholarship 2,000
    Sydney Grant
    810 S Petty Street
    Gaffney,SC29340     		None I Scholarship 2,000
    Angelica Harris
    3821 Lake Providence Drive
    Harvey,LA70058     		None I Scholarship 2,000
    Autumn Hurd
    43669 268th Street
    Bridgewater,SD57319     		None I Scholarship 2,000
    Peri Kirkpatrick
    2304 S 15th Street
    Mount Vernon,WA98274     		None I Scholarship 2,000
    Cameron Lavergne
    6431 Brookside Drive
    Houston,TX77023     		None I Scholarship 2,000
    Amber Liu
    21312 Autumn Rose Way
    Germantown,MD20876     		None I Scholarship 2,000
    Caitlin Pennell
    447 McGuire Circle
    Gulfport,MS39507     		None I Scholarship 2,000
    Lisa Le
    3306 Glenway Drive
    Kensington,MD20895     		None I Scholarship 2,000
    Hailey Menkhus
    3098 Palm Place
    Pompano Beach,FL33063     		None I Scholarship 2,000
    Rebecca Smith
    121 Gunnison Avenue
    Grand Junction,CO81501     		None I Scholarship 2,000
    Melissa Yao
    51 Ross Road
    Alameda,CA94502     		None I Scholarship 2,000
    Ciara Butler
    4333 N Wolcott
    Chicago,IL60613     		None I Scholarship 2,000
    Jenna Hallett
    53 Fleetwood St
    Presque Isle,ME04769     		None I Scholarship 2,000
    Lindsey Higgins
    260 Higgins Dr
    Mulga,AL35118     		None I Scholarship 2,000
    Paige Mattfield
    28607 Hwy 10
    Lake Park,MN56554     		None I Scholarship 2,000
    Emily McGraw
    18 East Timmerman St
    Dolgeville,NY13329     		None I Scholarship 2,000
    Jennifer Castaneda
    3801 SW 13th StApt 211C
    Gainesville,FL32608     		None I Scholarship 2,000
    Cameryn Smith
    5174 Green Heron Dr SW
    Shallotte,NC28470     		None I Scholarship 2,000
    Emily Faulkner
    516 SW California Avenue
    Stuart,FL34994     		None I Scholarship 2,000
    Emily Black
    5064 Seashell Avenue
    Naples,FL34103     		None I Scholarship 2,000
    Monique Biantes
    624 W Thorton Avenue
    Hemet,CA92543     		None I Scholarship 2,000
    Grace Christensen
    3630 Winding Creek Road
    Sacramento,CA95864     		None I Scholarship 2,000
    Susan Cook
    9 E Allaire Street
    Ely,MN55731     		None I Scholarship 2,000
    Sara Harris
    1313 Winston Drive
    McKinney,TX75070     		None I Scholarship 2,000
    Trinity Hood
    5914 Gaviota Avenue
    Long Beach,CA90805     		None I Scholarship 2,000
    Hannah Idlett
    309 East 5th Street
    Drumright,OK74030     		None I Scholarship 2,000
    Anum Imran
    1954
    Harrisburg,NC28075     		None I Scholarship 2,000
    Mariel Mayhew
    2211 Summit Ridge
    San Marcos,TX78666     		None I Scholarship 2,000
    Connie Quintana
    206 Lora Lane
    Fillmore,CA93015     		None I Scholarship 2,000
    Samantha Torres
    2516 Lombard Avenue
    Berwyn,IL60402     		None I Scholarship 2,000
    Camryn Turner
    4920 Westbridge Circle
    Lansing,MI48917     		None I Scholarship 2,000
    Allie Wehrli
    7816 S College Avenue
    Tulsa,OK74136     		None I Scholarship 2,000
    Tara Winebold
    332 Deer Creek Drive
    Struthers,OH44471     		None I Scholarship 2,000
    Slyana Popova
    601 Quincy Bridge Lane Apt 301
    Glenview,IL60025     		None I Scholarship 2,000
    Mairghread Ebel
    1917 Tudor Lane
    New Lenox,IL60451     		None I Scholarship 2,000
    Jessica Bey
    7065 Strawberry Lane
    Stanfield,NC28163     		None I Scholarship 2,000
    Chloe Bragg
    486 Lake Barnegat Dr N
    Forked River,NJ08731     		None I Scholarship 2,000
    Katelyn Bruick
    5627 Thompson Road
    Fort Wayne,IN46816     		None I Scholarship 2,000
    Anne Crabill
    121 Ironwoods Drive
    Chapel Hill,NC27516     		None I Scholarship 2,000
    Alexis Florio
    48 Collingwood Drive
    Cranston,RI02921     		None I Scholarship 2,000
    Andrea Gonzalez
    150 East 80th St
    Los Angeles,CA90003     		None I Scholarship 2,000
    Faith Hopkins
    2608 SE Vicksburg Street
    Bartlesville,OK74006     		None I Scholarship 2,000
    Kailyn Lie
    11107 Petworth Drive
    Houston,TX77072     		None I Scholarship 2,000
    Kaylee Roberts
    2027 Kimberly Drive
    Somerset,KY42503     		None I Scholarship 2,000
    Robyn Stillmunkes
    31428 Bellevue Drive
    Bellevue,IA52031     		None I Scholarship 2,000
    Nywel Cheaye
    823 S Gwynn Ct
    Bear,DE19701     		None I Scholarship 2,000
    Total .................................bullet 3a 99,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		900001   14 11  
    4 Dividends and interest from securities.... 900001   14 90,852  
    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 ............     		900001   18 74,167  
    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)..   165,030  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    165,030
    (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.)
    03 Investment income
    04 Investment income
    08 Investment income
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Stein Certified Public Account 6,950 2,000 0 4,950

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    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
    Computer 2014-01-27 1,073 1,068 SL 4 4 0 0  
    Website developments 2013-01-01 7,094 7,094 SL 3 0 0 0  
    Website Update 2016-10-25 5,166 1,937 SL 3 2,364 0 0  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Ameriprise Finl 4.0% 10.15.23 51,285 51,431
    BB&T Corp 2.45% 01.15.20 75,022 74,476
    Toronto Dominion Bank 1.40% 04 0 0
    State Street Corp 3.30% 12.16. 49,041 49,525
    Walmart Stores, Inc. 1.95% 12. 0 0
    Apple Inc 2.10% 05.06.2019 75,112 74,836
    BB&T Corp 2.45% 01.15.2020 0 0
    Bank of NY 2.20% 05.15.2019 0 0
    State Street Co 1.350 5.15.18 0 0
    Oracle Corp 2.375% 01.15.2019 75,174 74,982
    Bank of Nova Scotia 2.50% 1.08 49,077 49,372
    Pepsico 2.25% 01.07.2019 50,110 49,994
    JPMorgan Chase 2.7% 05.18.23 48,305 48,027
    Microsoft Corp 2.4% 08.08.26 45,842 46,618
    US Bancorp 1.95% 11.15.2018 0 0
    Toronto Dominion 1.8% 07.13.21 48,032 48,385
    Qualcomm Inc 1.4% 5/18/2018 0 0
    Chas Schwab 4.45% 7/22/2020 78,178 76,652
    Vanguard ST Admiral Sh 29330.8 0 0
    Anhauser Busch 2.15% 2/1/2019 0 0
    Blackrock Inc 5.0% 12/10/2019 51,476 50,896
    Coca Cola 2.45% 11/01/2020 50,346 49,682
    Dover Corp 4.30% 3/1/2021 78,445 76,543
    Goldman Sachs MM 187,995 187,986
    Target Corp 3.50 07/01/2024 51,968 50,334
    U.S. Treas 1.750 5/15/2022 49,980 48,841
    U.S. Treas 1.750 6/30/2022 49,830 48,801
    Vanguard ST Admiral Shares 52,725 51,685
    Wells Fargo 3.069% 01.24.23 48,815 48,696
    Bank of NY Mellon 2.20% 04.15. 50,031 49,884

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Eaton Corp PLC 225 shares 13,387 15,448
    Allergan PLC 75 shares 15,980 10,024
    AmazonCom 60 sh 23,037 90,118
    Apple Inc 225 shares 15,502 35,491
    Boeing Co 165 shares 0 0
    Analog Devices Inc 225 shares 19,451 19,312
    CVS Caremark Corp 300 shares 17,659 19,656
    Celgene Corp 200 shares 0 0
    Chevron Corp 300 shares 25,926 32,637
    Cisco Systems 600 shares 14,386 25,998
    Comcast Corp New CL A 900 sha 14,734 30,645
    Vanguard Value Index 873312 27,632 33,334
    Danaher Corp 350 shares 18,432 36,092
    Disney Walt Co 275 shares 15,470 30,154
    Alphabet Cl A 32 sh 10,891 33,439
    Abbott Labs Com 200 shares 11,707 14,466
    Gilead Sciences Inc 225 sh 1,483 14,074
    American Funds Growth 1622254 0 0
    Select Sector Spdr Tr Utilitie 16,312 15,876
    Illinois Tool Works Inc 100 5,266 12,669
    Vanguard Sml Cap Index-116392 72,188 73,595
    JP Morgan Chase 500 sh 31,624 48,810
    Lowes Cos Inc 325 sh 25,892 30,017
    Pfizer Inc 800 shares 16,836 34,920
    Phillip Morris Intl Inc 275 25,099 18,359
    Proctor & Gamble 325 shares 26,372 29,874
    Microchip Tech 525 sh 0 0
    McDonalds 200 shares 23,859 35,514
    Alphabet Inc CL C 32 sh 0 0
    US Bancorp Del New 450 shares 14,672 20,565
    Vanguard Mid Cap Index 411498 75,781 75,514
    Boeing Co 300 shares 8,529 32,250
    Allstate Corp 325 shares 22,415 26,855
    Cognizant Tech Solutions 250 s 0 0
    Ishares Nasdaq Biotechnology 15,873 14,464
    Pepsico 300 shares 31,213 33,144
    Phillips 66 325 shares 26,986 27,999
    Microsoft Corp 600 shares 25,916 60,942
    T Rowe Price Growth 2000461 s 111,936 114,327
    Anheuser Busch Inbev 100 sh 0 0
    Am Fds Europacific 652503 sh 0 0
    Harbor Capital 1458245 sh 93,079 90,295
    Servicenow Inc 175 sh 25,902 31,159
    United Healthcare 150 sh 17,055 37,368
    Spdr S&P Dividend ETF 600 sh 46,928 53,712
    Schlumberger LTD 200 sh 0 0
    Fog Resources Inc 100 sh 0 0
    Facebook Inc Cl A 150 sh 23,061 19,663
    Honeywell Intl Inc 225 sh 27,279 29,727
    Johnson & Johnson Co 100 sh 13,522 12,905
    Kinder Morgan Inc 700 sh 18,241 13,842
    Lam Research Corp 175 sh 26,625 23,830
    Mastercard Inc Cl A 225 sh 30,205 42,446
    Merck & Co Inc New450 sh 28,773 34,384
    Newell Brands Inc400 sh 0 0
    T Rowe Price Blue Grow 206476 185,000 198,465
    Spdr S&P Regional B ETF300 sh 0 0
    Schwab Chas Corp 500 sh 21,258 20,765
    Union Pac Corp125 sh 14,246 17,279
    United Technol Corp200 sh 23,814 21,296
    Vanguard Ftse Devel ETF750 s 30,237 27,825
    Vanguard World Mater ETF200 s 27,635 22,166
    Vanguard Telecom ETF200 sh 0 0
    Vanguard Ftse Emerg ETF990 sh 42,902 37,719
    Vantiv Inc Cl A350 sh 0 0
    Bank of America Corp1300 sh 32,753 32,032
    Worldpay Inc CLA A 400 sh 27,496 30,572

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Accrued income- Equities Investment   1,724 1,724
    Accrued income- Fixed Income   9,796 9,796
    Accrued income-Cash   158 158

    TY 2018 LandEtcSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and equipment 1,073 1,073 0 0
    Website development 7,094 6,593 501 0
    Website Update 5,166 4,801 365 0


    TY 2018 LegalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Hoogendoorn & Talbot LLP 195 0 0 195


    TY 2018 OtherExpensesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment management fees 37,054 37,054 0 0
    Insurance-Liability 344 0 0 344
    Bank charges 30 0 0 30
    Fees and licenses 25 0 0 25
    Gifts 200 0 0 200
    Office supplies 360 0 0 360


    TY 2018 OtherIncomeSchedule2
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Miscellaneous income expense -239 0 0


    TY 2018 OtherLiabilitiesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Description Beginning of Year - Book Value End of Year - Book Value
    Payroll tax withholding 0 3,015


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Contracted services 3,935 0 0 3,935
    Board stipends 1,000 0 0 1,000
    Web design services 941 0 0 941


    TY 2018 TaxesSchedule
    Name:
    Henry and Sara Sheehan Foundation
    EIN:
    45-4126770
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll taxes 5,508 765 0 4,743
    Federal excise tax 2,800 2,800 0 0