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
The Joe MacPherson Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)191 E Main St
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Santa Ana, CA92780
A Employer identification number

38-3779697
B Telephone number (see instructions)

(714) 380-6200
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$19,035,632J 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) 2,027,753
2 Check bullet.............
3 Interest on savings and temporary cash investments 19,353 19,353 19,353
4 Dividends and interest from securities... 359,937 359,937 359,937
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 660,196
b Gross sales price for all assets on line 6a 9,241,918
7 Capital gain net income (from Part IV, line 2)... 663,308
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 82    
12 Total. Add lines 1 through 11........ 3,067,321 1,042,598 379,290
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 12,973      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,886 4,950 4,950  
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 list of attachments 122,629 122,576 122,576  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 145,488 127,526 127,526 0
25 Contributions, gifts, grants paid....... 1,165,000 1,165,000
26 Total expenses and disbursements. Add lines 24 and 25 1,310,488 127,526 127,526 1,165,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,756,833
b Net investment income (if negative, enter -0-) 915,072
c Adjusted net income (if negative, enter -0-)... 251,764
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 567,320 2,197,870 2,197,870
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)....... 3,398,209 Click to see attachment4,272,247 5,007,937
c Investments—corporate bonds (attach schedule)....... 975,000 Click to see attachment975,000 861,315
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 11,746,147 Click to see attachment11,001,508 10,968,510
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,686,677 18,446,625 19,035,632
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 16,686,677 18,446,625
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 16,686,677 18,446,625
31 Total liabilities and net assets/fund balances (see instructions). 16,686,677 18,446,625
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
16,686,677
2
Enter amount from Part I, line 27a .....................
2
1,756,833
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,115
4
Add lines 1, 2, and 3 ..........................
4
18,446,625
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
18,446,625
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 2175 ISHARES MSCI EAFE P 2018-01-01 2018-01-30
b 173 VANGUARD TELECOMM SRVCS ETF P 2018-01-01 2018-03-06
c 10 FIRST TR EXCHANGE TRADED FD P 2018-03-06 2018-06-21
d 1359 INVESCO EMERGING MKTS SOVEREIGN DEBT P 2018-01-01 2018-12-11
e 1221 ISHARES INC CORE MSCI EMERGING MKTS P 2018-01-01 2018-12-06
18698 ISHARES TR CORE MSCI EAFE ETF P 2018-01-01 2018-06-01
3800 MATERIALS SELECT SECTOR SPDR FD P 2018-01-01 2018-06-01
15163 ISHARES MSCI EAFE P 2000-01-01 2018-01-30
100 ISHARES TIPS BOND ETF P 2016-03-09 2018-06-01
443 VANGUARD FINANCIALS ETF P 2016-02-02 2018-06-01
445 VANGUARD INFORMATION TECH ETF P 2016-02-02 2018-08-29
2318 VANGUARD TELECOMM SRVCS ETF P 2000-01-01 2018-03-06
125 ISHARES 3-7 YEAR TRSY BOND ETF P 2000-01-01 2018-06-01
251 ISHARES MBS ETF P 2000-01-01 2018-06-01
3342 VANGUARD INTERMEDIATE TERM BOND ETF P 2000-01-01 2018-06-01
49 ISHARES IBOXX$ HIGH YIELD CORP BONDS P 2016-06-22 2018-06-01
221 VANGUARD ST BOND P 2016-03-09 2018-03-06
1265 SPDR S&P INSURANCE ETF P 2016-07-25 2018-06-01
1283 REAL ESTATE SELECT SECTOR SPDR P 2016-09-23 2018-03-06
361 POWERSHARES PREFERRED PORT P 2000-01-01 2018-03-06
14040 INVESCO EMERGING MKTS SOVEREIGN DEBT P 2000-01-01 2018-06-01
6 INVESCO PREFERRED ETF P 2015-06-17 2018-06-21
6304 VANECK VECTORS JP EM LOCAL CURR P 2000-01-01 2018-06-01
8124 ISHARES INC CORE MSCI EMERGING MKTS P 2000-01-01 2018-06-01
72 HEALTH CARE SELECT SPDR P 2015-10-15 2018-01-30
3179 SECTOR SPDR CONSMRS STPL P 2000-01-01 2018-06-01
1219 CONSUMER DISCRETIONARY SPDR P 2000-01-01 2018-06-01
2353 SECTOR SPDR ENERGY P 2000-01-01 2018-06-01
4013 SECTOR SPDR UTILITIES P 2000-01-01 2018-06-01
277 PROLOGIS INC P 2017-06-27 2018-02-07
168 AM WTR WKS CO INC P 2018-01-01 2018-02-07
302 BROADCOM LTD P 2018-01-01 2018-07-11
511 COMCAST CORP NEW CL A P 2018-01-01 2018-02-28
1132 CAPITAL ONE FINL P 2018-01-01 2018-12-10
931 DOWDUPONT INC COM P 2018-01-01 2018-12-10
221 ECOLAB INC P 2018-01-01 2018-03-09
249 FEDEX CORP DELAWARE P 2018-01-01 2018-12-11
32 GARRETT MOTION INC P 2018-01-01 2018-10-10
2089 HILTON WORLDWIDE HOLDINGS INC P 2018-01-01 2018-12-10
1533 JPMORGAN CHASE P 2018-01-01 2018-12-10
1253 MICROCHIP TECH INC P 2018-01-01 2018-12-10
47 RESIDEO TECH INC P 2018-01-01 2018-06-01
427 SHERWIN WILLIAMS P 2018-01-01 2018-12-10
1667 SUNTRUST BKS INC P 2018-01-01 2018-06-01
553 TEXAS INSTRUMENTS P 2018-01-01 2018-10-25
119 AM NEW WORLD FD CL A P 2017-12-22 2018-12-07
72 SECTOR SPDR ENERGY P 2016-10-20 2018-03-06
50 AMERICAN TOWER REIT P 2000-01-01 2018-02-07
776 AM WTR WKS CO INC P 2000-01-01 2018-02-07
5 APPLE INC P 2016-01-13 2018-02-07
297 AUTOMATIC DATE PROC P 2015-02-05 2018-02-07
131 BLACKROCK INC P 2000-01-01 2018-06-01
3729 COMCAST CORP NEW CL A P 2000-01-01 2018-06-01
374 CITIGROUP INC COM NEW P 2000-01-01 2018-06-01
40 CHUBB LTD P 2015-02-05 2018-02-07
1553 DOWDUPONT INC COM P 2000-01-01 2018-12-10
154 DANAHER COPR P 2015-07-29 2018-02-07
563 ECOLAB INC P 2000-01-01 2018-03-09
563 FEDEX CORP DELAWARE P 2000-01-01 2018-06-01
5300 VANGUARD REAL ESTATE ETF P 2000-01-01 2018-02-23
107 GARRETT MOTION INC P 2000-01-01 2018-10-10
50 HONEYWELL INTL INC P 2015-02-05 2018-02-07
111 HOME DEPOT P 2015-02-05 2018-02-07
57 LOCKHEED MARTIN CORP P 2018-07-29 2018-02-07
356 MICROSOFT CORP P 2015-12-02 2018-02-07
184 RESIDEO TECH INC P 2000-01-01 2018-11-13
1194 SUNTRUST BKS INC P 2000-01-01 2018-12-10
1375 TEXAS INSTRUMENTS P 2000-01-01 2018-06-01
194 THERMO FISHER SCIENTIFIC P 2015-02-05 2018-02-07
41 UNION PACIFIC CORP P 2016-07-11 2018-02-07
5475 AM NEW WORLD FD CL A P 2000-01-01 2018-12-07
10313 EATON VANCE ATLANTA CAP P 2000-01-01 2018-12-07
.422 AMERICAN NEW WORLD FD P 2017-12-22 2018-02-06
.576 EATON VANCE ATLANTA CAPITAL P 2017-12-05 2018-02-06
9.75 PIMCO INCOME FUND CL A P 2018-01-01 2018-02-06
.744 AM GROWTH FD OF AM CL A P 2017-12-21 2018-02-06
700 VANGUARD REAL ESTATE ETF P 2000-01-01 2018-02-06
20000 SP500 ARN ISSUER BARC CAP P 2017-08-24 2018-10-26
10000 SP500 ARN ISSUER BOFA CAP P 2017-10-26 2018-12-21
10000 SP500 ARN ISSUER BOFA CAP P 2017-04-27 2018-06-29
1000 SP500 STEPUP ISSUER BNS P 2017-04-27 2018-05-11
10000 SX5E ARN ISSUER BOFA CAP P 2017-04-27 2018-06-29
15000 R2000 ARN ISSUER IFC CAP P 2016-12-20 2018-02-23
739 AM NEW WORLD FD CL A P 2013-02-12 2018-06-06
1642 EATON VANCE ATLANTA CAPITAL P 2012-04-03 2018-02-06
174 PIMCO INCOME FUND CL A P 2000-01-01 2018-02-06
969 AM GROWTH FD OF AM CL A P 2013-02-26 2018-02-06
Capital Gain Dividends      
Wash Sale      
(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 160,653   133,829 26,824
b 15,377   15,917 -540
c 1,436   1,269 167
d 43,516   47,498 -3,982
e 58,962   66,956 -7,994
1,116,921   1,297,147 -180,226
198,373   228,705 -30,332
1,119,992   883,101 236,891
11,215   11,238 -23
32,236   19,167 13,069
89,811   44,803 45,008
206,029   213,198 -7,169
14,988   15,424 -436
26,069   27,176 -1,107
269,645   282,410 -12,765
4,210   4,117 93
17,308   17,695 -387
39,057   30,415 8,642
38,951   42,826 -3,875
5,286   5,302 -16
368,592   398,731 -30,139
87   88 -1
108,092   109,118 -1,026
403,304   360,708 42,596
6,434   4,940 1,494
178,376   161,103 17,273
126,726   90,717 36,009
160,965   148,073 12,892
199,958   188,197 11,761
16,850   16,324 526
13,214   13,097 117
73,581   72,947 634
18,757   19,714 -957
92,857   106,823 -13,966
55,236   67,601 -12,365
29,757   29,235 522
46,905   56,972 -10,067
495   510 -15
151,423   164,175 -12,752
155,496   177,837 -22,341
89,403   118,644 -29,241
1,024   1,259 -235
167,767   173,984 -6,217
101,820   106,518 -4,698
50,853   57,279 -6,426
7,065   7,889 -824
4,879   5,085 -206
7,036   4,978 2,058
61,036   47,980 13,056
805   501 304
34,206   25,802 8,404
70,288   49,494 20,794
141,140   116,140 25,000
43,536   24,914 18,622
5,921   4,497 1,424
83,202   109,372 -26,170
14,745   10,603 4,142
75,806   64,533 11,273
110,019   95,520 14,499
396,489   347,477 49,012
1,654   1,218 436
7,655   5,086 2,569
21,420   12,036 9,384
19,848   11,933 7,915
32,211   19,879 12,332
3,947   3,472 475
66,332   70,695 -4,363
131,069   98,500 32,569
40,394   24,551 15,843
5,364   3,730 1,634
325,051   307,791 17,260
291,548   174,729 116,819
29   28 1
18   16 2
120   120  
38   37 1
51,101   44,942 6,159
220,000   200,000 20,000
104,491   100,000 4,491
110,000   100,000 10,000
107,050   100,000 7,050
95,545   100,000 -4,455
171,780   150,000 21,780
50,028   41,185 8,843
49,982   27,553 22,429
2,138   2,085 53
49,962   34,564 15,398
      138,963
      3,112
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       26,824
b       -540
c       167
d       -3,982
e       -7,994
      -180,226
      -30,332
      236,891
      -23
      13,069
      45,008
      -7,169
      -436
      -1,107
      -12,765
      93
      -387
      8,642
      -3,875
      -16
      -30,139
      -1
      -1,026
      42,596
      1,494
      17,273
      36,009
      12,892
      11,761
      526
      117
      634
      -957
      -13,966
      -12,365
      522
      -10,067
      -15
      -12,752
      -22,341
      -29,241
      -235
      -6,217
      -4,698
      -6,426
      -824
      -206
      2,058
      13,056
      304
      8,404
      20,794
      25,000
      18,622
      1,424
      -26,170
      4,142
      11,273
      14,499
      49,012
      436
      2,569
      9,384
      7,915
      12,332
      475
      -4,363
      32,569
      15,843
      1,634
      17,260
      116,819
      1
      2
       
      1
      6,159
      20,000
      4,491
      10,000
      7,050
      -4,455
      21,780
      8,843
      22,429
      53
      15,398
       
       
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 2 663,308
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 -305,807
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 858,438 16,686,677 0.05145
2016 958,814 14,818,971 0.06470
2015 771,149 13,476,780 0.05722
2014 820,844 11,879,609 0.06910
2013 645,975 9,841,613 0.06564
2
Total of line 1, column (d) .....................
2
0.308102
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
0.061620
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,151
7
Add lines 5 and 6........................
7
9,151
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,165,000
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 9,151
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 9,151
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 9,151
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,712
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,712
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 279
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,718
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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
     
    No
    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)
    bulletCA
    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 ofbulletRichard Lang Telephone no.bullet (714) 380-6200

    Located atbullet191 E Main St 2ATustinCA ZIP+4bullet92780
    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
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Anne L MacPherson Pres/CEO/Dir
    20.00     		0    
    11572 Padia Lane
    Tustin,CA92705
    James MacPherson CFO/Sec/Dir
    5.00     		0    
    13631 Jenet Circle
    Santa Ana,CA92705
    Jeffrey MacPherson V.Pres./Dir
    5.00     		0    
    129 Palette Court
    Bozeman,MT59715
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,151
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,151
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,151
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    9,151
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    0
    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
    1,165,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,165,000
    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
    9,151
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,155,849
    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 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 650,500
    b From 2014...... 830,900
    c From 2015...... 773,650
    d From 2016...... 961,000
    e From 2017...... 866,150
    fTotal of lines 3a through e........ 4,082,200
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,165,000
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 1,165,000
    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 5,247,200
    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 ..........     		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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		650,500
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		4,596,700
    10 Analysis of line 9:
    a Excess from 2014.... 830,900
    b Excess from 2015.... 773,650
    c Excess from 2016.... 961,000
    d Excess from 2017.... 866,150
    e Excess from 2018.... 1,165,000
    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
    Big BrothersBig Sisters
    14131 Yorba St Ste 200
    Tustin,CA92780     		None PC Charitable 50,000
    Second Harvest of Orange County
    8014 Marine Way
    Irvine,CA92618     		None PC Charitable 50,000
    Laura's House
    999 Corporate Dr Ste 225
    Ladera Ranch,CA92694     		None PC Charitable 75,000
    Orangewood Childrens FDN
    1575 E 17th St
    Santa Ana,CA92705     		None PC Charitable 30,000
    CASA Youth Shelter
    100 West Harrison Suite 500
    Seattle,WA98119     		None PC Charitable 15,000
    CHOC Children's Foundation
    455 South Main St
    Orange,CA92868     		None PC Charitable 15,000
    St Joseph Hospital Foundation
    1100 W Stewart Drive
    Orange,CA92868     		None PC Charitable 50,000
    Amigos De Los Ninos
    PO Box 2602
    La Habra,CA90632     		None PC Charitable 10,000
    Chapman University
    One University Drive
    Orange,CA92866     		None PC Charitable 20,000
    Cottonwood Day School
    10180 Cottonwood Road
    Bozeman,MT59718     		None PC Charitable 40,000
    Boys and Girls Club Central
    250 North Golden Circle Ste 104
    Santa Ana,CA92705     		None PC Charitable 760,000
    Pacific Symphony
    17620 Fitch Suite 100
    Irvine,CA92614     		None PC Charitable 50,000
    Total .................................bullet 3a 1,165,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    1 19,353  
    4 Dividends and interest from securities....     1 359,937  
    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.....     1 82  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    1 660,196  
    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)..   1,039,568  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,039,568
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    The Joe MacPherson Foundation Inc
     
    Employer identification number

    38-3779697
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    The Joe MacPherson Foundation Inc
          		Employer identification number
    38-3779697
    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
    Joe MacPherson Lead Trust  
    191 E Main St 2A
     
    Tustin, CA92780

    		$ 2,027,753


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    The Joe MacPherson Foundation Inc
          		Employer identification number

    38-3779697
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    The Joe MacPherson Foundation Inc
          		Employer identification number

    38-3779697
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Auditing Fees 12,973 0 0 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    R2000 Stepup Issuer CS 11/30/20 100,000 89,400
    R2000 ARN CIBC 12/20/19 100,000 87,700
    R2000 ARN Issuer BofA 4/26/19 150,000 130,740
    R2000 Step-up Issuer CD 5/28/21 100,000 83,400
    SP500 ARN BofA 12/3/18 100,000 100,000
    SP500 ARN Issuer CIBC 8/30/19 100,000 90,200
    SP500 Stepup Issuer BARC 6/25/21 100,000 90,100
    SP500 ARN BNX 6/25/21 100,000 90,400
    SX5E ARn Issuer BNS 6/25/20 125,000 99,375

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Citigroup Inc Com New 163,997 146,601
    Microsoft Corp 167,504 250,573
    Berkshire Hathaway Inc 192,578 306,270
    Chubb LTD (Ace Limited) 187,666 189,378
    American Tower Reit Inc 124,168 161,354
    Automatic Data Processing 149,257 194,844
    Blackrock Inc 93,675 90,349
    Costco Wholesale 158,036 192,099
    Danaher Corp Del 119,409 149,730
    Disney Co 165,979 171,164
    Home Depot Inc 192,363 228,521
    Honeywell Intl 187,717 212,185
    Lockheed Martin 181,005 184,335
    Medtronic PLC 114,345 128,799
    Thermo Fisher Scientific 157,499 215,286
    Visa Inc 148,643 220,208
    Apple Inc 158,723 210,898
    Nextera Energy Inc 107,143 138,882
    Total S.A. 151,816 161,967
    Anthem INc 167,414 199,336
    Humana Inc. 165,767 185,353
    Prologis Inc. 118,307 110,394
    Sysco Corp 160,603 181,965
    Union Pacific Corp 139,668 182,740
    Walmart Stores Inc 201,502 217,785
    Alphabet Inc Cl A 141,025 140,025
    Amazon Com Inc 90,059 78,102
    Keurig Dr Pepper Inc 119,666 117,431
    Comm Services Select 46,713 41,363

    TY 2018 InvestmentsOtherSchedule2
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    American Growth Fd of Am AT COST 754,497 799,229
    Consumer Discretionary SPDR AT COST 241,176 240,198
    Health Care Select SPDR AT COST 249,315 291,020
    Ishares IBoxx $ Invt Grade AT COST 891,166 864,427
    Ishares TIPS Bond ETF AT COST 380,346 365,544
    Ishares 3-7 Year Trsy Bd AT COST 583,733 569,730
    Ishares MBS Etf AT COST 1,365,474 1,321,730
    Vaneck Vectors(Market Vectors Emrg Mkts) AT COST 66,906 60,291
    Vanguard Information AT COST 355,895 399,057
    Vanguard Intermediate Term Bond ETF AT COST 1,311,775 1,257,963
    Vanguard ST Bond Fd AT COST 1,143,468 1,129,679
    Sector SPDR Consumers Stpl AT COST 303,897 294,524
    Sector SPDR Energy AT COST 89,981 72,835
    Sector SPDR Industrial AT COST 371,856 388,006
    Sector SPDR Utilities AT COST 61,005 65,515
    Vanguard Financials ETF AT COST 382,598 394,981
    Eaton Vance Atlanta Fd Cl A AT COST 408,634 500,349
    Ishares Iboxx High Yield AT COST 185,891 176,636
    Real Estate Select SPDR AT COST 143,908 136,493
    Ishares Nasdaq Biotech AT COST 146,497 130,952
    SPDR S&P Insurance ETF AT COST 45,918 48,314
    SPDR Dow Jones Indust AT COST 686,235 654,359
    First Trust Dow Jones AT COST 165,904 152,825
    Invesco Preferred ETF AT COST 126,597 115,855
    Vanguard Materials ETF AT COST 166,988 164,472
    Vanguard ST Treasury ETF AT COST 371,848 373,526

    TY 2018 OtherExpensesSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 122,576 122,576 122,576  
    Postage Mailling Expense 53      


    TY 2018 OtherIncomeSchedule2
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 82    


    TY 2018 OtherIncreasesSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Rounding 3
    Wash sales 3,112


    TY 2018 TaxesSchedule
    Name:
    The Joe MacPherson Foundation Inc
    EIN:
    38-3779697
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Charitable Registry/Franchise tax 4,936      
    Foreign taxes paid 4,950 4,950 4,950