TY 2018 Form 990PF

- TIN:

Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
JOHN & FLORENCE FORTUNE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)3055 E EXPOSITION
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80209

A Employer identification number

84-1363206

B Telephone number (see instructions)

(303) 282-8855

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,736,791J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	17,000
2	Check .............
3	Interest on savings and temporary cash investments	378		378	378
4	Dividends and interest from securities...	61,715		61,715	61,715
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		16,645
b	Gross sales price for all assets on line 6a 218,534
7	Capital gain net income (from Part IV, line 2)...			16,645
8	Net short-term capital gain.........				9,114
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	95,738		78,738	71,207
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,725			1,725
c	Other professional fees (attach schedule)....		9,540	9,540
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		12,756	756
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		101
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,122		10,296		1,725
25	Contributions, gifts, grants paid.......	105,750				105,750
26	Total expenses and disbursements. Add lines 24 and 25	129,872		10,296		107,475
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-34,134
b	Net investment income (if negative, enter -0-)			68,442
c	Adjusted net income (if negative, enter -0-)...				71,207

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	46,945	124,236	126,736
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	337,410	191,496	580,342
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,088,142	1,122,631	1,029,713
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,472,497	1,438,363	1,736,791
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		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	1,472,497	1,438,363
	30	Total net assets or fund balances (see instructions).....	1,472,497	1,438,363
	31	Total liabilities and net assets/fund balances (see instructions).	1,472,497	1,438,363

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,472,497

Enter amount from Part I, line 27a .....................

-34,134

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,438,363

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,438,363

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	213 B&G FOODS	P	2017-11-14	2018-01-05
b	11.398 BLACKROCK FLOATING RATE INCOME INSTL	P	2018-01-02	2018-09-07
c	820.161 BLACKROCK FLOATING RATE INCOME INSTL	P	2016-09-20	2018-09-07
d	21.459 BLACKROCK HIGH YIELD BOND INSTL	P	2018-01-02	2018-09-07
e	1067.408 BLACKROCK HIGH YIELD BOND INSTL	P	2016-09-20	2018-09-07
	153 BRINKER INTERNATIONAL INC	P	2015-07-16	2018-01-05
	82 BRINKER INTERNATIONAL INC	P	2017-09-15	2018-01-05
	150 CARDINAL HEALTH INC	P	2017-08-08	2018-01-05
	102 COMPASS MINERAL INTERNATIONAL INC	P	2017-09-15	2018-01-05
	186 EXELON CORP	P	2017-01-18	2018-01-05
	257 FIRST ENERGY CORP	P	2017-03-07	2018-01-05
	605 FORD MOTOR CO	P	2015-05-14	2018-01-05
	107 FORD MOTOR CO	P	2017-11-14	2018-01-05
	827 GANNETT CO INC	P	2017-03-07	2018-01-05
	169 HOLLYFRONTIER CORP	P	2017-11-14	2018-01-05
	399 HP INCORPORATED	P	2017-08-08	2018-01-05
	146 INTERNATIONAL PAPER CO	P	2015-06-10	2018-01-05
	23 ISHARES 7-10 YEAR TREASURY BOND ETF	P	2017-04-18	2018-09-07
	29 ISHARES CORE S&P TOTAL US STOCK MKT ETF	P	2017-01-17	2018-09-07
	58 ISHARES CURRENCY HEDGED MSCI EAFE ETF	P	2017-04-18	2018-09-07
	87 ISHARES EMERGING MARKETS HIGH YLD BD ETF	P	2017-01-17	2018-09-07
	86 ISHARES US PREFERRED STOCK ETF	P	2016-11-10	2018-09-07
	136 KOHL'S CORP	P	2016-07-03	2018-01-05
	23 KOHL'S CORP	P	2017-09-15	2018-01-05
	157 NORDSTROM INC	P	2015-12-22	2018-01-05
	62 NORDSTROM INC	P	2017-11-14	2018-01-05
	123 ONEOK INC NEW COM	P	2015-05-14	2018-01-05
	227 PBF ENERGY INC CLASS A	P	2017-03-07	2018-01-05
	58 PHILIP MORRIS INTERNATIONAL INC	P	2015-05-14	2018-01-05
	12 PHILIP MORRIS INTERNATIONAL INC	P	2017-11-14	2018-01-05
	750 PITNEY BOWES INC	P	2017-01-18	2018-01-05
	81 PRUDENTIAL FINANCIAL INC	P	2016-10-12	2018-01-05
	153 SYSCO CORP	P	2017-03-07	2018-01-05
	179 TRITON INTERNATIONAL LTD	P	2017-11-14	2018-01-05
	560 THE AES CORP	P	2015-05-14	2018-01-05
	142 THE AES CORP	P	2017-02-15	2018-01-05
	112 VERIZON COMMUNICATIONS INC	P	2015-05-14	2018-01-05
	26 VERIZON COMMUNICATIONS INC	P	2017-02-15	2018-01-05
	Capital Gain Dividends

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,333	7,217	116
b	116	116
c	8,325	8,332	-7
d	164	166	-2
e	8,155	8,058	97
	6,082	8,949	-2,867
	3,259	2,686	573
	9,417	10,151	-734
	7,604	7,052	552
	7,083	6,758	325
	7,754	8,021	-267
	7,976	9,274	-1,298
	1,411	1,298	113
	9,365	6,755	2,610
	8,648	7,229	1,419
	8,643	7,774	869
	8,980	7,460	1,520
	2,345	2,469	-124
	1,916	1,510	406
	1,664	1,562	102
	3,892	4,336	-444
	3,194	3,220	-26
	7,357	5,282	2,075
	1,244	1,033	211
	7,573	7,983	-410
	2,990	2,427	563
	6,850	5,481	1,369
	8,266	5,061	3,205
	6,039	5,038	1,001
	1,249	1,250	-1
	8,582	10,145	-1,563
	9,470	6,869	2,601
	9,361	8,024	1,337
	6,960	7,164	-204
	6,079	7,208	-1,129
	1,541	1,651	-110
	5,876	5,618	258
	1,364	1,262	102
			4,407

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			116
b
c			-7
d			-2
e			97
			-2,867
			573
			-734
			552
			325
			-267
			-1,298
			113
			2,610
			1,419
			869
			1,520
			-124
			406
			102
			-444
			-26
			2,075
			211
			-410
			563
			1,369
			3,205
			1,001
			-1
			-1,563
			2,601
			1,337
			-204
			-1,129
			-110
			258
			102

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	16,645
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 ...................		3	9,114

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? Yes No

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	86,495	1,937,000	0.04465
2016	100,562	1,792,836	0.05609
2015	116,331	1,914,787	0.06075
2014	95,189	1,901,051	0.05007
2013	58,500	1,648,594	0.03549

Total of line 1, column (d) .....................

0.247056

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 ......

0.049411

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

1,922,933

Multiply line 4 by line 3......................

95,014

Enter 1% of net investment income (1% of Part I, line 27b)...........

684

Add lines 5 and 6........................

95,698

Enter qualifying distributions from Part XII, line 4,.............

107,475

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)

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 and enter “N/A" on line 1.
	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	684
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	684
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	684
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	1,223
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	181
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,404
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	720
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax720	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

WILLIAM FORTUNE Telephone no. bullet

(303) 282-8855

Located at bullet

3055 E EXPOSITION AVEDENVERCO ZIP+4 bullet

80209

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
WILLIAM FORTUNE	Director 0.00	0
3055 E EXPOSITION AVE DENVER,CO80209	Director 0.00	0
PATRICIA TOBEY	Director 0.00	0
1011 S VALENTIA 107 DENVER,CO80231	Director 0.00	0
JOHN TOBEY	Director 0.00	0
1011 S VALENTIA 58 DENVER,CO80231	Director 0.00	0

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...................

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,821,763

Average of monthly cash balances.......................

130,453

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,952,216

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,952,216

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

29,283

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,922,933

Minimum investment return. Enter 5% of line 5..................

96,147

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.)

Minimum investment return from Part X, line 6....................

96,147

Tax on investment income for 2018 from Part VI, line 5......

684

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

684

Distributable amount before adjustments. Subtract line 2c from line 1............

95,463

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

95,463

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

95,463

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

107,475

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

107,475

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.................

684

Adjusted qualifying distributions. Subtract line 5 from line 4..............

106,791

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)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7			95,463
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......		27,113
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: $ 107,475
a Applied to 2017, but not more than line 2a		27,113
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........	0
d Applied to 2018 distributable amount.....			80,362
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 ..........			15,101
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

WILLIAM FORTUNE

PATRICIA TOBEY

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARRUPE JESUIT HIGH SCHOOL 4343 UTICA STREET DENVER,CO80212	NONE	PC	UNRESTRICTED	16,000
BROWN ROBE BENEFIT - CAPUCHIN FRIAR 3553 WYANDOT ST DENVER,CO80211	NONE	PC	UNRESTRICTED	3,000
CHALLENGE FOUNDATION 4545 S UNIVERSITY ENGLEWOOD,CO80113	NONE	PC	UNRESTRICTED	2,500
DENVER URBAN SCHOLARS 3532 FRANKLIN STREET SUITE T DENVER,CO80205	NONE	PC	UNRESTRICTED	1,750
DOMINICAN HOME HEALTH AGENCY 2501 GAYLORD STREET DENVER,CO80205	NONE	PC	UNRESTRICTED	5,000
DENVER SCHOOL FOR SCIENCE TECH 3401 QUEBEC ST SUITE 2000 DENVER,CO80207	NONE	PC	UNRESTRICTED	2,500
MISSIONARY OBLATES OF MARY IMM 391 MICHIGAN AVE NE WASHINGTON,DC20017	NONE	PC	UNRESTRICTED	25,000
NATIONAL REPERTORY ORCHESTRA PO BOX 6336 BRECKENRIDGE,CO80424	NONE	PC	UNRESTRICTED	3,000
PORTER BILLUPS LEADERSHIP ACADEMY C/O REGIS UNIVERSITY 3333 REGIS BL DENVER,CO80221	NONE	PC	UNRESTRICTED	12,500
IGNITION VOLUNTEER CORP 112 E MADISON ST SUITE 300 BALTIMORE,MD21202	NONE	PC	UNRESTRICTED	2,500
REGIS UNIVERSITY 3333 REGIS BOULEVARD DENVER,CO80221	NONE	PC	UNRESTRICTED	25,000
SISTERS OF CHARITY OF LEAVENWORTH 4200 S FOURTH ST LEAVENWORTH,KS66048	NONE	PC	UNRESTRICTED	1,500
WISH OF A LIFETIME 110 16TH ST SUITE 406 DENVER,CO80202	NONE	PC	UNRESTRICTED	2,500
NATIONAL JEWISH HEALTH 1400 JACKSON ST DENVER,CO80206	NONE	PC	UNRESTRICTED	500
NATIONAL PKU ALLIANCE PO BOX 1872 EAU CLAIRE,WI54702	NONE	PC	UNRESTRICTED	2,500
Total ................................. 3a				105,750

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	378
4 Dividends and interest from securities....			14	61,715
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	16,645
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)..				78,738

13Total. Add line 12, columns (b), (d), and (e)..................

78,738

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:	18007218
Software Version:	2018v3.1

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Name of the organization

JOHN & FLORENCE FORTUNE FOUNDATION

Employer identification number

84-1363206

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2

Name of organization JOHN & FLORENCE FORTUNE FOUNDATION

Part I	Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	WILLIAM FORTUNE 3055 E EXPOSITION AVE DENVER, CO80209	$ 12,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	PATRICIA TOBEY 1011 S VALENTIA 107 DENVER, CO80231	$ 5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Page 3

Name of organization JOHN & FLORENCE FORTUNE FOUNDATION		Employer identification number 84-1363206

Part II	Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Page 4


Name of organization JOHN & FLORENCE FORTUNE FOUNDATION			Employer identification number 84-1363206
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Additional Data

Software ID:	18007218
Software Version:	2018v3.1

- TIN:

TY 2018 AccountingFeesSchedule

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	1,725	0	0	1,725

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Name of Stock	End of Year Book Value	End of Year Fair Market Value
WELLS FARGO STOCK	165,188	552,960
AES CORP COM
BRINKER INTL INC
FORD MOTOR CO DEL COM PAR
INTERNATIONAL PAPER CO
NORDSTROM INC
ONEOK INC NEW COM
PHILIP MORRIS INTL INC COM
VERIZON COMMUNICATIONS INC
KOHLS CORP COM
PRUDENTIAL FINL INC COM
TRITON INTERNATIONAL LTD
B&G FOODS INC
CARDINAL HEALTH INC
COMPASS MINERALS INTL INC
FIRSTENERGY CORP
GANNETT SPINCO INC
HP INC
HOLLYFRONTIER CORP
PBF ENERGY INC
PITNEY BOWES
SYSCO CORP
SIMON PPTY GROUPN INC	26,308	27,382
EXELON CORP

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
DIVIDENDS RECEIVABLE	AT COST	1,343	1,343
BLACKROCK HIGH YIELD BOND FUND	AT COST
BLACKROCK FLOATING RATE INCOME	AT COST
ISHARES TR S&P US PFD STK INDEX FD	AT COST
COLUMBIA ACORN EUROPEAN FUND CLASS	AT COST	41,344	34,650
DEUTSCHE ENHANCED COMMODITY STRATEGY	AT COST
ALTEGRIS FUTURES EVOLUTION STARTEGY	AT COST	95,094	81,181
ALTEGRIS/AACA REAL ESTATE LONG	AT COST	48,106	47,798
SPDR S&P 500 ETF TR TR UNIT	AT COST	113,534	113,964
ISHARES TR CORE HIGH DIVID ETF	AT COST	76,583	77,292
AQR STYLE PREMIA ALTERNATIVE FUND	AT COST	35,000	29,811
AQR MAANGED FUTURES STRATEGY FUND	AT COST	35,000	33,260
BLACKROCK MULTI-ASSET INCOME PORTFOLIO	AT COST	159,458	146,326
EATON VANCE GREATER INDIA FUND	AT COST	38,008	41,578
LAZARD GLOBAL LISTED INFRASTRUCTURE PORT	AT COST	50,000	41,039
ALPS ETF TR SECTOR DIVIDEND DOGS	AT COST	82,514	75,560
FIRST TR EXCHANGE-TRADED FD VI NASDAQ TE	AT COST	77,897	76,865
ISHARES INC EMERGING MKTS HIGH YIELD BD	AT COST
ISHARES TR CORE S&P TOTAL US STK MKT ETF	AT COST
ISHARES TR BARCLAYS 7-10 YR TREAS BD ETF	AT COST
ISHARES TR MSCI EAFE MINIMUM VOLATILITY	AT COST	86,639	82,125
ISHARES TR SHARES CURRENCY HEDGED MSCI E	AT COST
WISDOMTREE TR EMERGING MKTS SMALL CAP	AT COST	75,047	63,296
DWS ENHANCED COMMODITY STRATEGY	AT COST	66,796	47,837
INVESCO QQQ TR UNIT SER 1	AT COST	40,268	35,788

- TIN:

TY 2018 OtherExpensesSchedule

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MISCELLANEOUS	101

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	9,540	9,540	0	0

- TIN:

TY 2018 TaxesSchedule

Name:

JOHN & FLORENCE FORTUNE FOUNDATION

EIN:

84-1363206

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
2017 FEDERAL TAX PAID WITH EXTENSION	12,000
FOREIGN TAX WITHHELD	756	756