Form990-PF
Click to see attachment

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
GENE & RUTH POSNER FOUNDATION INC
C/O GIMBEL REILLY GUERIN & BROWN
Number and street (or P.O. box number if mail is not delivered to street address)330 EAST KILBOURN AVENUE NO 1170
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532023146
A Employer identification number

39-6050150
B Telephone number (see instructions)

(414) 224-3648
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$5,762,315J 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 383 383  
4 Dividends and interest from securities... 121,235 121,235  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 430,767
b Gross sales price for all assets on line 6a 2,391,203
7 Capital gain net income (from Part IV, line 2)... 430,767
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 1,129 313  
12 Total. Add lines 1 through 11........ 553,514 552,698  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 842 421   421
b Accounting fees (attach schedule)....... Click to see attachment 6,275 5,020   1,255
c Other professional fees (attach schedule).... Click to see attachment 123,377 106,381   16,996
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,900 220   0
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 171 171   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,565 112,213   18,672
25 Contributions, gifts, grants paid....... 408,500 408,500
26 Total expenses and disbursements. Add lines 24 and 25 547,065 112,213   427,172
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,449
b Net investment income (if negative, enter -0-) 440,485
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.............   3,238 3,238
2 Savings and temporary cash investments......... 371,259 193,593 193,593
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,257,063 Click to see attachment3,415,258 3,860,400
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment969,744 923,411
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,750,613 Click to see attachment822,763 781,673
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) 5,378,935 5,404,596 5,762,315
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 5,378,935 5,404,596
30 Total net assets or fund balances (see instructions)..... 5,378,935 5,404,596
31 Total liabilities and net assets/fund balances (see instructions). 5,378,935 5,404,596
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
5,378,935
2
Enter amount from Part I, line 27a .....................
2
6,449
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
19,212
4
Add lines 1, 2, and 3 ..........................
4
5,404,596
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,404,596
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CASH IN LIEU OF FRAC SHARE      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,291,200   1,960,436 330,764
b 7     7
c 99,996     99,996
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       330,764
b       7
c       99,996
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 2 430,767
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 412,335 7,410,391 0.055643
2016 477,179 7,972,498 0.059853
2015 519,460 8,606,938 0.060354
2014 477,281 9,066,749 0.052641
2013 471,180 8,655,807 0.054435
2
Total of line 1, column (d) .....................
2
0.282926
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
0.056585
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,566,003
5
Multiply line 4 by line 3......................
5
371,537
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,405
7
Add lines 5 and 6........................
7
375,942
8
Enter qualifying distributions from Part XII, line 4,.............
8
427,172
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 4,405
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 4,405
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 4,405
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,680
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 3,275
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,275 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletWI
    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 ofbulletATTORNEY JOSHUA GIMBEL Telephone no.bullet (414) 224-3648

    Located atbullet330 EAST KILBOURN AVENUE SUITE 1170MILWAUKEEWI ZIP+4bullet532023146
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    FREDERIC G POSNER DIRECTOR
    1.00     		0 0 0
    31450 MANITOBA DRIVE
    EVERGREEN,CO804397045
    BARBARA P WARD DIRECTOR
    1.00     		0 0 0
    7 FREMONT ST
    PLYMOUTH,MA02360
    JOSHUA L GIMBEL DIRECTOR
    2.00     		0 0 0
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    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
    GIMBEL REILLY GUERIN & BROWN FIDUCIARY FEES 84,978
    330 EAST KILBOURN AVENUE SUITE 1170
    MILWAUKEE,WI532023146
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    6,328,186
    b
    Average of monthly cash balances.......................
    1b
    237,807
    c
    Fair market value of all other assets (see instructions)................
    1c
    100,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,665,993
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,665,993
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    99,990
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,566,003
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    328,300
    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
    328,300
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,405
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,405
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    323,895
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    323,895
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    323,895
    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
    427,172
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    427,172
    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
    4,405
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    422,767
    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 7 323,895
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 37,047
    b From 2014...... 24,488
    c From 2015...... 73,720
    d From 2016...... 59,472
    e From 2017...... 42,859
    fTotal of lines 3a through e........ 237,586
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 427,172
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 323,895
    e Remaining amount distributed out of corpus 103,277
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 340,863
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		37,047
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		303,816
    10 Analysis of line 9:
    a Excess from 2014.... 24,488
    b Excess from 2015.... 73,720
    c Excess from 2016.... 59,472
    d Excess from 2017.... 42,859
    e Excess from 2018.... 103,277
    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
    ADL - NEW ENGLAND
    40 COURT ST 12
    BOSTON,MA02108     		NONE PUBLIC CHARITY PROGRAM SUPPORT 500
    ALS ASSOCIATION - WISCONSIN CHAPTER
    3333 N MAYFAIR ROAD SUITE 213
    WAUWATOSA,WI53222     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    ALVERNO COLLEGE
    3400 S 43RD STREET
    MILWAUKEE,WI53234     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    AMERICAN JEWISH WORLD SERVICES
    45 W 36TH STREET
    NEW YORK,NY10018     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,500
    AMERICAN PENNIES FOR HUNGER INC
    PO BOX 6272
    PLYMOUTH,MA02362     		NONE PUBLIC CHARITY GENERAL OPERATIONS 500
    BETH ISRAEL DEACONESS HOSPITAL
    275 SANDWICH ST
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY CANCER CENTER 3,000
    BIG BROTHERS BIG SISTERS OF METRO MILWAUKEE INC
    788 NORTH JEFFERSON STREET
    MILWAUKEE,WI532023739     		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000
    BOYS AND GIRLS CLUB OF MILWAUKEE
    1558 N 6TH ST
    MILWAUKEE,WI532123845     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    CENTRO DE LE COMMUNIDAD UNITED COMMUNITY CENTER
    1028 S 9TH STREET
    MILWAUKEE,WI53204     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,500
    CHILDREN'S OUTING SOCIETY
    909 EAST NORTH AVENUE
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    COLLEGE POSSIBLE
    1555 N RIVER CENTER DRIVE SUITE 211
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    CRANBERRY HOSPICE
    36 CORDAGE PARK CIRCLE STE 326
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    DISCOVERY WORLD AT PIER WISCONSIN
    500 N HARBOR DR
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    FIRST STAGE CHILDREN'S THEATER
    325 W WALNUT STREET
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    FRIENDS OF MILWAUKEE PUBLIC MUSEUM
    800 WEST WELLS STREET
    MILWAUKEE,WI532331478     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    FRIENDSHIP CIRCLE
    8825 N LAKE DRIVE
    BAYSIDE,WI53217     		NONE PUBLIC CHARITY GENERAL OPERATIONS 8,000
    HOLOCAUST EDUCATION RESOURCE CENTER
    1360 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    HUNGER TASK FORCE
    201 S HAWLEY CT
    MILWAUKEE,WI53214     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    INNOCENCE PROJECT - NEW ORLEANS
    4051 ULLOA ST
    NEW ORLEANS,LA70119     		NONE PUBLIC CHARITY PROGRAM SUPPORT 100
    JEWISH FAMILY SERVICES
    1300 NORTH JACKSON STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    JEWISH MUSEUM OF MILWAUKEE
    1360 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    KRIPALU INSTITUTE FOR EXTRAORDINARY LEARNING
    PO BOX 309
    STOCKBRIDGE,MA01262     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    LEGAL AID SOCIETY OF MILWAUKEE
    521 NORTH EIGHT STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    LITERACY SERVICES OF WISCONSIN
    555 N PLANKINTON AVENUE
    MILWAUKEE,WI53203     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    MARQUETTE LAW SCHOOL
    PO BOX 1881
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 65,000
    MEDICAL COLLEGE OF WISCONSIN
    8701 WEST WATERTOWN PLANK RD
    MILWAUKEE,WI53226     		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    MILWAUKEE ART MUSEUM
    750 NORTH LINCOLN MEMORIAL DRIVE
    MILWAUKEE,WI53201     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    MILWAUKEE BALLET
    504 WEST NATIONAL AVENUE
    MILWAUKEE,WI53204     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    MILWAUKEE BAR ASSOCIATION FOUNDATION
    424 E WELLS ST
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    MILWAUKEE CENTER FOR INDEPENDENCE
    2020 WEST WELLS STREET
    MILWAUKEE,WI53233     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,500
    MILWAUKEE FILM
    229 E WISCONSIN AVE SUITE 200
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    MILWAUKEE JEWISH HOME
    1414 N PROSPECT AVENUE
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 40,000
    MILWAUKEE PUBLIC LIBRARY FOUNDATION
    814 W WISCONSIN AVENUE
    MILWAUKEE,WI53233     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    MILWAUKEE SYMPHONY - ACE PROGRAM
    700 N WATER STREET SUITE 700
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    MOUNT EVANS HOSPICE
    3721 EVERGREEN PKWY STE 9
    EVERGREEN,CO80437     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    MR HOLLANDS OPUS FOUNDATION
    4370 TUJUNGA AVENUE SUITE 330
    STUDIO CITY,CA91604     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,000
    NCJW-HIPPY
    6922 NORTH BELMONT LANE
    FOX POINT,WI53217     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    OPERATION DREAM
    PO BOX 270604
    MILWAUKEE,WI53227     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    PEARLS FOR TEEN GIRLS
    2100 N PALMER STREET
    MILWAUKEE,WI532123220     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    PLYMOUTH CENTER FOR THE ARTS
    11 NORTH STREET
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY GENERAL OPERATIONS 500
    PLYMOUTH PHILHARMONIC
    PO BOX 3174
    PLYMOUTH,MA02361     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,500
    RUACH INC
    6815 W CAPITOL DR
    MILWAUKEE,WI53216     		NONE PUBLIC CHARITY JEWISH ARTS AND MUSIC PROGRAMS 1,000
    SHARP LITERACY INC
    5775 N GLEN PARK ROAD SUITE 202
    MILWAUKEE,WI53209     		NONE PUBLIC CHARITY GENERAL OPERATIONS 50,000
    ST ANN'S CENTER
    2801 E MORGAN AVE
    MILWAUKEE,WI54207     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    ST FRANCIS CENTER
    1835 S HOPE STREET
    LOS ANGELES,CA90015     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    THE NATHAN HALE FOUNDATION
    34 MAIN STREET EXT SUITE 204
    PLYMOUTH,MA02360     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,000
    TOOLS FOR PEACE
    75 SOUTH GRAND AVE SUITE 217
    PASADENA,CA91105     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    TRUE SKOOL INC
    161 W WISCONSIN AVE
    MILWAUKEE,WI53203     		NONE PUBLIC CHARITY PROGRAM SUPPORT 100
    UNITED PERFORMING ARTS FUND
    929 N WATER STREET
    MILWAUKEE,WI53202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    UNITED WAY OF GREATER MILWAUKEE
    225 W VINE ST
    MILWAUKEE,WI53212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,500
    UW-MILWAUKEE FOUNDATION
    3271 N LAKE DR
    MILWAUKEE,WI53211     		NONE PUBLIC CHARITY SCHOLARSHIP FUND 3,200
    WISCONSIN HUMANE SOCIETY
    4500 W WISCONSIN AVENUE
    MILWAUKEE,WI53208     		NONE PUBLIC CHARITY GENERAL OPERATIONS 1,100
    YOUNG PLAYWRIGHTS' THEATER
    2437 FIFTEENTH STREET NW 3RD FLOOR
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,500
    Total .................................bullet 3a 408,500
    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 ...........     		    14 383  
    4 Dividends and interest from securities....     14 121,235  
    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.....     01 1,129  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 430,767  
    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).. 0 553,514 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    553,514
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,275 5,020   1,255

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BLACKROCK V STRTGC INC OPTNS PORT - 11801.01 SHS 118,912 113,290
    BLACKROCK CREDIT ALLOCATION INC TR - 10000 SHS 131,220 111,800
    RIVERNORTH FDS STRT INC FD - 11861.108 SHS 123,766 115,527
    SHELL INTL FIN B V - 20000 SHS 20,384 20,185
    GOLDMAN SACHS GROUP INC - 15000 SHS 15,032 14,905
    CAPITAL ONE FINANCIAL CORP - 17000 SHS 17,005 16,879
    INTEL CORP - 15000 SHS 15,507 15,159
    VERIZON COMMUNICATIONS INC - 35000 SHS 35,581 35,375
    AMAZON COM INC - 35000 SHS 35,976 35,429
    PHILLIPS 66 GTD SR NT 4.3%22 - 35000 SHS 36,340 35,932
    BLACKROCK INC - 40000 SHS 41,959 40,298
    PROCTER & GAMBLE CO - 14000 SHS 13,484 13,599
    CELGENE CORP - 45000 SHS 45,911 44,506
    SUMITOMO MITSUI FINL GROUP - 41000 SHS 39,640 39,787
    UNITED STATES TREASURY BONDS - 30000 SHS 36,080 35,371
    BERKSHIRE HATHAWAY INC - 50000 SHS 50,336 49,084
    ROYAL BK SCOTLAND GROUP PLC - 35000 SHS 35,295 33,657
    BANK OF AMERICA CORP - 50000 SHS 50,769 50,277
    UNITED STATES TREASURY BONDS - 30000 SHS 39,349 38,018
    NORTHROP GRUMAN CORP DEB - 5000 SHS 6,004 5,693
    COMCAST CORP NEW - 40000 SHS 41,237 39,177
    UNITED STATES TREASURY NOTE - 20000 SHS 19,957 19,463

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BROADVIEW FDS TR - 9439.697 SHS 325,740 234,954
    FUNDVANTAGE EIC VALUE FD - 44473.531 SHS 549,566 544,801
    DODGE & COX INTL STOCK FUND - 20344.569 SHS 654,077 750,918
    NEW WORLD FD INC NEW - 5469.197 SHS 265,257 312,619
    POLARIS FOREIGN VALUE SM CAP - 14129.644 SHS 182,100 175,208
    ABIOMED INC - 33 SHS 6,011 10,726
    ADOBE INC - 56 SHS 5,065 12,669
    ALIGN TECHNOLOGY INC - 19 SHS 1,167 3,979
    AMAZON.COM INC - 17 SHS 967 25,533
    ANTHEM INC - 36 SHS 8,140 9,455
    AXOGEN INC - 134 SHS 5,467 2,738
    BECTON DICKINSON & CO - 21 SHS 5,168 4,732
    BRIGHT HORIZONS FAMILY SOLUTIONS - 104 SHS 6,777 11,591
    BURLINGTON STORES INC - 76 SHS 9,877 12,363
    CENTENE CORP DEL - 69 SHS 8,319 7,956
    CHARLES SCHWAB CORP NEW - 187 SHS 7,819 7,766
    COSTAR GROUP INC - 20 SHS 7,890 6,747
    ECOLAB INC - 77 SHS 9,688 11,346
    EDWARDS LIFESCIENCES CORP - 83 SHS 5,574 12,713
    EXACT SCIENCES CORP - 128 SHS 5,991 8,077
    FIVE BELOW INC - 57 SHS 5,874 5,832
    FLEETCOR TECHNOLOGIES INC - 33 SHS 1,210 6,129
    GARTNER INC - 65 SHS 2,785 8,310
    GUIDEWIRE SOFTWARE INC - 133 SHS 8,961 10,671
    IDEXX LABORATORIES CORP - 65 SHS 3,963 12,091
    INTERCONTINENTAL EXCHANGE - 103 SHS 8,206 7,759
    INTUITIVE SURGICAL INC - 27 SHS 5,649 12,931
    LIVE NATION ENTERTAINMENT INC - 152 SHS 7,351 7,486
    MARKETAXESS HOLDINGS INC - 30 SHS 2,791 6,339
    MASTERCARD INC - 116 SHS 3,731 21,883
    MICROSOFT CORP - 100 SHS 10,918 10,157
    PAYPAL HOLDINGS INC - 119 SHS 10,514 10,007
    ROPER TECHNOLOGIES NEW - 55 SHS 16,158 14,659
    S&P GLOBAL INC - 81 SHS 6,782 13,765
    SALESFORCE.COM INC - 69 SHS 2,368 9,451
    SHERWIN WILLIAMS CO - 29 SHS 7,122 11,410
    SS&C TECHNOLOGIES HOLDINGS INC - 192 SHS 7,154 8,661
    THERMO FISHER SCIENTIFIC INC - 42 SHS 7,968 9,399
    TYLER TECHNOLOGIES INC - 57 SHS 4,042 10,592
    ZOETIS INC - 113 SHS 9,957 9,666
    IHS MARKIT LTD - 286 SHS 12,640 13,719
    AGILENT TECHNOLOGIES INC - 135 SHS 5,782 9,107
    AIR LEASE CORPORATION - 303 SHS 12,594 9,154
    ALBEMARLE CORPORATION - 70 SHS 5,047 5,395
    BANKUNITED INC - 96 SHS 3,199 2,874
    BECTON DICKINSON & CO - 49 SHS 7,111 11,041
    BLACK KNIGHT INC - 76 SHS 1,933 3,425
    CARLISLE COMPANIES INC - 66 SHS 5,936 6,634
    CARTERS INC - 123 SHS 11,959 10,039
    CBRE GROUP INC - 223 SHS 7,398 8,929
    CIT GROUP INC - 142 SHS 6,752 5,434
    EAST WEST BANCORP INC - 122 SHS 6,500 5,311
    EMCOR GROUP INC - 142 SHS 6,741 8,476
    EURONET WORLDWIDE INC - 159 SHS 11,478 16,278
    FIDELITY NATIONAL FINANCIAL - 250 SHS 7,188 7,860
    FIRST REPUBLIC BANK SAN FRAN - 82 SHS 4,897 7,126
    HEXCEL CORP NEW - 183 SHS 9,230 10,493
    IDEX CORP - 57 SHS 4,343 7,197
    JACOBS ENGINEERING GROUP INC - 152 SHS 6,947 8,886
    JELD WEN HOLDING INC - 83 SHS 3,041 1,179
    KEYSIGHT TECHNOLOGIES INC - 175 SHS 6,226 10,864
    LABORATORY CORP AMER HLDGS - 67 SHS 8,782 8,466
    MOHAWK INDUSTRIES INC - 39 SHS 7,010 4,561
    PIONEER NATURAL RESOURCES - 38 SHS 6,316 4,998
    PVH CORP - 89 SHS 8,476 8,273
    ROPER TECHNOLOGIES NEW - 32 SHS 5,432 8,529
    ROSS STORES INC - 148 SHS 8,003 12,314
    SEI INVESTMENTS CO - 139 SHS 6,408 6,422
    WABTEC CORP - 85 SHS 7,226 5,971
    GENPACT LIMITED - 411 SHS 10,774 11,093
    ACTIVISION BLIZZARD INC - 513 SHS 22,578 23,890
    ALPHABET INC - 34 SHS 8,526 35,211
    APPLE INC - 119 SHS 13,466 18,771
    ARAMARK - 497 SHS 12,829 14,398
    AXA EQUITABLE HOLDINGS INC - 405 SHS 8,003 6,735
    CAPITAL ONE FINANCIAL CORP - 317 SHS 30,710 23,962
    CARMAX INC - 161 SHS 9,609 10,100
    CASA SYSTEMS INC - 544 SHS 10,351 7,143
    CITIGROUP INC - 361 SHS 17,573 18,794
    COGNIZANT TECHNOLOGY SOLUTIONS - 190 SHS 11,426 12,061
    COMCAST CORP - 661 SHS 21,925 22,507
    DEVON ENERGY CORP NEW - 1101 SHS 43,724 24,817
    ECHOSTAR CORP - 91 SHS 5,331 3,342
    EXPEDIA GROUP INC - 60 SHS 6,291 6,759
    FACEBOOK INC - 98 SHS 8,981 12,847
    GILEAD SCIENCES INC - 476 SHS 19,728 29,774
    HP INC - 1147 SHS 11,499 23,468
    HUNTSMAN CORP - 448 SHS 8,865 8,642
    ITT INC - 169 SHS 8,267 8,158
    JPMORGAN CHASE & CO - 350 SHS 12,676 34,167
    MOHAWK INDUSTRIES INC - 137 SHS 21,585 16,024
    NAVIENT CORP - 760 SHS 9,967 6,696
    OWENS ILLINOIS INC NEW - 548 SHS 10,166 9,448
    PURE STORAGE INC - 760 SHS 11,788 12,221
    STARBUCKS CORP - 317 SHS 18,024 20,415
    THERMO FISHER SCIENTIFIC - 180 SHS 6,246 40,282
    UNITED PARCEL SVC INC - 161 SHS 16,458 15,702
    US FOODS HOLDING CORP - 1253 SHS 35,217 39,645
    ALIBABA GROUP HOLDING LTD - 111 SHS 19,362 15,215
    ALKERMES PLC - 485 SHS 24,681 14,312
    ASSURED GUARANTY LTD - 882 SHS 24,063 33,763
    CHINA MOBILE LTD ADR - 552 SHS 31,280 26,496
    DOMINOS PIZZA UK AND IRL - 791 SHS 5,620 4,697
    FLEX LTD - 960 SHS 12,818 7,306
    FORTIS INC - 306 SHS 9,644 10,208
    MCDERMOTT INTL INC - 511 SHS 9,629 3,342
    MEDTRONIC PLC - 270 SHS 18,987 24,559
    NOMAD FOODS LTD - 1597 SHS 16,326 26,702
    RPC GROUP PLC ADR - 1387 SHS 30,974 23,035
    ADOBE INC - 77 SHS 7,265 17,420
    ALPHABET INC - 19 SHS 5,857 19,677
    AMAZON.COM INC - 18 SHS 14,659 27,035
    AMPHENOL CORPORATION - 187 SHS 4,382 15,151
    AUTODESK INC - 128 SHS 17,152 16,462
    BOOKING HOLDINGS INC - 10 SHS 19,175 17,224
    BWX TECHNOLOGIES INC - 271 SHS 15,769 10,360
    CINTAS CORP - 115 SHS 19,760 19,319
    COSTCO WHOLESALE CORP-NEW - 81 SHS 5,851 16,501
    DANAHER CORP - 181 SHS 6,521 18,665
    DEXCOM INC - 115 SHS 5,933 13,777
    EDWARDS LIFESCIENCES CORP - 107 SHS 9,649 16,389
    ELECTRONIC ARTS INC - 198 SHS 22,230 15,624
    ESTEE LAUDER COMPANIES INC - 143 SHS 10,390 18,604
    FLEETCOR TECHNOLOGIES INC - 49 SHS 7,708 9,100
    FORTIVE CORP - 335 SHS 15,309 22,666
    INTUIT INC - 121 SHS 14,265 23,819
    INTUITIVE SURGICAL INC - 38 SHS 3,229 18,199
    MICROSOFT CORP - 149 SHS 15,334 15,134
    PAYPAL HOLDINGS - 276 SHS 14,456 23,209
    ROPER TECHNOLOGIES NEW - 100 SHS 20,345 26,652
    SALESFORCE.COM INC - 145 SHS 4,141 19,861
    SHERWIN WILLIAMS CO - 50 SHS 20,494 19,673
    THERMO FISHER SCIENTIFIC INC - 124 SHS 20,253 27,750
    TJX COMPANIES INC NEW - 350 SHS 14,376 15,659
    VISA INC - 234 SHS 10,329 30,874
    ZOETIS INC - 235 SHS 12,792 20,102
    ALIBABA GROUP HOLDING LTD - 90 SHS 12,746 12,336
    GENPACT LIMITED - 460 SHS 6,893 12,415
    NXP SEMICONDUCTORS N V - 150 SHS 13,269 10,992

    TY 2018 InvestmentsOtherSchedule2
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISRAEL BOND AT COST 100,000 100,000
    COHEN & STEERS REIT - 10000 SHS AT COST 183,483 178,000
    INVESCO EXCHANGE TRADED FD - 9000 SHS AT COST 198,343 182,070
    PRINCIPAL FDS DIVERSIFIED REAL ASSET - 22717.812 SHS AT COST 262,244 235,357
    ALEXANDRIA REAL EST EQUITIES - 91 SHS AT COST 10,959 10,487
    EQUINIX INC - 29 SHS AT COST 12,138 10,224
    MID AMERICA APT COMMUNITIES - 140 SHS AT COST 13,235 13,398
    PENNYMAC MTG INV TRUST - 1435 SHS AT COST 23,861 26,720
    SBA COMMUNICATIONS CORP - 157 SHS AT COST 18,500 25,417

    TY 2018 LegalFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 842 421   421


    TY 2018 OtherExpensesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AGENCY AND WIRE TRANSFER FEES 171 171   0


    TY 2018 OtherIncomeSchedule2
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER DEPOSITS 816 0 0
    CLASS ACTION LITIGATION SETTLEMENT 313 313 0


    TY 2018 OtherIncreasesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Description Amount
    BROKER BOND BASIS ADJUSTMENTS/TIMING ADJUSTMENTS 11,723
    RETURN OF CAPITAL / NON-DIVIDEND DISTRIBUTIONS 1,840
    CORRECTION OF SECURITY CARRYING BASIS 5,649


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDUCIARY FEES 84,978 67,982   16,996
    INVESTMENT ADVISOR FEES 38,399 38,399   0


    TY 2018 ReasonableCauseExplanation
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Explanation:
    LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE.

    TY 2018 TaxesSchedule
    Name:
    GENE & RUTH POSNER FOUNDATION INC
     
    C/O GIMBEL REILLY GUERIN & BROWN
    EIN:
    39-6050150
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 220 220   0
    ESTIMATED EXCISE TAX PAID - CURRENT YEAR 7,680 0   0