Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE RESER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 8
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEAVERTON, OR97075
A Employer identification number

27-2624875
B Telephone number (see instructions)

(503) 526-5716
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$42,077,673J 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) 5,017,604
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,288,281 1,288,281  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 968,026
b Gross sales price for all assets on line 6a 8,115,929
7 Capital gain net income (from Part IV, line 2)... 968,026
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 7,273,911 2,256,307  
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)......... Click to see attachment 2,000     2,000
b Accounting fees (attach schedule)....... Click to see attachment 11,509     11,509
c Other professional fees (attach schedule).... Click to see attachment 76,601 26,640   49,961
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 59,365 31,988   27,377
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 33,078 1,575   31,503
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 182,553 60,203   122,350
25 Contributions, gifts, grants paid....... 1,597,922 1,597,922
26 Total expenses and disbursements. Add lines 24 and 25 1,780,475 60,203   1,720,272
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,493,436
b Net investment income (if negative, enter -0-) 2,196,104
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 113,411 52,602 52,602
2 Savings and temporary cash investments......... 10,000,593 517,889 517,889
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.......... 12,997 12,967 12,967
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 32,649,402 Click to see attachment41,487,883 41,487,883
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment6,332 Click to see attachment6,332
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 42,776,403 42,077,673 42,077,673
Liabilities 17 Accounts payable and accrued expenses.......... 14,153 26,746
18 Grants payable.................   265,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment66,497 Click to see attachment7,721
23 Total liabilities (add lines 17 through 22)......... 80,650 299,467
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.................. 42,695,753 41,778,206
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)..... 42,695,753 41,778,206
31 Total liabilities and net assets/fund balances (see instructions). 42,776,403 42,077,673
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
42,695,753
2
Enter amount from Part I, line 27a .....................
2
5,493,436
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
48,189,189
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,410,983
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
41,778,206
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 39674.596 SH ABERDEEN INTL EQUITY FD P   2018-04-18
b 61458.448 SH NORTHERN GBL REAL P   2018-04-18
c 35097.615 SH VANGUARD INFLATION P   2018-04-18
d 139165.016 SH ABERDEEN INTL EQUITY F P   2018-04-18
e 108701.887 SH NORTHERN GBL REAL P   2018-04-18
50130.29 SH VANGUARD INFLATION P   2018-04-18
37411.527 SH PIMCO TOTAL RETURN F I P   2018-05-17
19379.845 SH VANGUARD TOTAL STOCK P 2012-02-27 2018-05-17
3579.098 SH BOSTON PARTNERS ALL CAP P 2011-11-03 2018-09-26
2329.725 SH VANGUARD TOTAL STOCK M P 2011-11-21 2018-09-26
(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 625,266   563,489 61,777
b 642,223   577,227 64,996
c 888,661   917,203 -28,542
d 2,193,221   1,976,527 216,694
e 1,135,903   1,020,945 114,958
1,269,284   1,310,051 -40,767
369,975   394,562 -24,587
199,975   209,660 -9,685
99,975   73,874 26,101
169,975   104,365 65,610
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       61,777
b       64,996
c       -28,542
d       216,694
e       114,958
      -40,767
      -24,587
      -9,685
      26,101
      65,610
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 2 968,026
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,363,430 32,811,292 0.041554
2016 1,120,838 26,930,775 0.041619
2015 1,078,858 22,048,845 0.048930
2014 800,547 21,092,908 0.037953
2013 749,419 16,701,101 0.044872
2
Total of line 1, column (d) .....................
2
0.214928
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
0.042986
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
43,773,557
5
Multiply line 4 by line 3......................
5
1,881,650
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
21,961
7
Add lines 5 and 6........................
7
1,903,611
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,985,272
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 21,961
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 21,961
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 21,961
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 16,640
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,640
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 34,679
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet22,000 RefundedBullet 11 12,679
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    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 addressbulletWWW.THERESERFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletMARIJO PRLAIN Telephone no.bullet (503) 526-5716

    Located atbulletPO BOX 8BEAVERTONOR ZIP+4bullet97075
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PATRICIA J RESER TRUSTEE & CH
    4.00     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MICHELLE BOTTARO TRUSTEE & AD
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    DAVID BOTTARO TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MINDY RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MICHAEL RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    DEB RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARK RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    LAURIE RESER TRUSTEE & AD
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARTY RESER TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    JANE RESER TRUSTEE & AD
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    DAVID R JUBB TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    PAUL LEAVY TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    BILL WESTPHAL TRUSTEE
    0.10     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    MARIJO PRLAIN EXEC. DIRECT
    10.00     		0 0 0
    PO BOX 8
    BEAVERTON,OR97075
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    43,142,734
    b
    Average of monthly cash balances.......................
    1b
    1,297,425
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    44,440,159
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    44,440,159
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    666,602
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    43,773,557
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,188,678
    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
    2,188,678
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    21,961
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,961
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,166,717
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,166,717
    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
    2,166,717
    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
    1,720,272
    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
    265,000
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,985,272
    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
    21,961
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,963,311
    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 2,166,717
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,526,473
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,985,272
    a Applied to 2017, but not more than line 2a 1,526,473
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 458,799
    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 ..........     		1,707,918
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    PATRICIA J RESER
    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 e-mail address of the person to whom applications should be addressed:
    MARI JO PRLAIN
    PO BOX 8
    BEAVERTON,OR97075
    (503) 526-5716
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE SUBMITTED ON THE FOUNDATION'S WEBSITE ON-LINE GRANT MANAGEMENT SYSTEM AT WWW.THERESERFAMILYFOUNDATION.ORG
    cAny submission deadlines:
    FEBRUARY 1ST, AUGUST 1ST
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE ACTIVITIES MUST BE IN OREGON, ORGANIZATION MUST HAVE TAX EXEMPT STATUS.
    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
    ADVENTURES WITHOUT LIMITS
    ON FILE
    ON FILE,OR97075     		    PROMOTING HEALTH AND INDEPENDENCE 5,000
    COCOA - CENTRAL OREGON COUNCIL ON A
    ON FILE
    ON FILE,OR97075     		    MEALS ON WHEELS - FRESH, FRUITS, SAL 5,000
    THE FRIENDLY KITCHEN- MOW OF ROSEBU
    ON FILE
    ON FILE,OR97075     		    THE FRIENDLY KITCHEN -MEALS ON WHEEL 12,000
    CASA OF MULTNOMAH AND COLUMBIA COUN
    ON FILE
    ON FILE,OR97075     		    COLUMBIA COUNTY CASA PROJECT 6,000
    TILLAMOOK COUNTY FAMILY YMCA
    ON FILE
    ON FILE,OR97075     		    YOUTH SPORTS AND STRENGTH TRAINING 10,000
    ASSISTANCE LEAGUE
    ON FILE
    ON FILE,OR97075     		    OPERATION SCHOOL BELL 5,000
    FAMILY ACCESS NETWORK FOUNDATION
    ON FILE
    ON FILE,OR97075     		    FAN ADVOCATE SERVICES AT OBSIDIAN 5,000
    ALS ASSOCATION
    ON FILE
    ON FILE,OR97075     		    ALS CHAPTER GRANT PROGRAM 15,000
    MOSAIC MEDICAL
    ON FILE
    ON FILE,OR97075     		    TRANSFORMING PAIN MANAGEMENT 10,000
    YMCA OF GREATER PORTLAND
    ON FILE
    ON FILE,OR97075     		    CENTER FOR JUSTICE INVOLVED FAMILIES 25,000
    BOYS AND GIRLS AID
    ON FILE
    ON FILE,OR97075     		    FOSTER CARE YOUTH SPACE CAP PROJECT 25,000
    RONALD MCDONALD CHARITIES
    ON FILE
    ON FILE,OR97075     		    MAKE THIS HOUSE A HOME CAPITAL CAMPA 10,000
    CHILDREN'S CANCER ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    CHEMO PAL PROGRAM 10,000
    SUSAN G KOMEN FOR THE CURE
    ON FILE
    ON FILE,OR97075     		    LATINA INITIATIVE 25,000
    MEDICAL TEAMS INTERNATIONAL
    ON FILE
    ON FILE,OR97075     		    MOBILE DENTAL PROGRAM 25,000
    PINK PHOENIX DRAGON BOAT TEAM
    ON FILE
    ON FILE,OR97075     		    DISCRETIONARY GRANT 2,500
    JESSIE F RICHARDSON FOUNDATION
    ON FILE
    ON FILE,OR97075     		    TIES THAT BIND-EMPOWERING GRD-PARENT 10,000
    SKY LAKES MEDICAL CENTER FOUNDATION
    ON FILE
    ON FILE,OR97075     		    KLAMATH SOBERING CENTER 25,000
    LOOKING GLASS YOUTH AND FAMILY SERV
    ON FILE
    ON FILE,OR97075     		    THE CENTER FOR GETTING BETTER CAPITA 50,000
    BRIDGES COLLABORATIVE CARE CLINIC
    ON FILE
    ON FILE,OR97075     		    BRIDGES COLLABORATIVE CARE CLINIC 5,000
    KLAMATH BASIN SENIOR CITIZENS CENTE
    ON FILE
    ON FILE,OR97075     		    OPERATING AND CAPITAL CAMPAIGN SP 5,000
    RAPHAEL HOUSE
    ON FILE
    ON FILE,OR97075     		    EMERGENCY DOMESTIC VIOLENCE SHELTER 12,000
    ROSE HAVEN CIC
    ON FILE
    ON FILE,OR97075     		    ADVOCACY PROGRAM 10,000
    SHELTERCARE
    ON FILE
    ON FILE,OR97075     		    UHLHORN ADULT DAY SERVICES 5,000
    SISTERS OF THE ROAD
    ON FILE
    ON FILE,OR97075     		    HOT MEALS/BARTER PROGRAM 5,000
    SOROPTIMIST INTERNATIONAL OF PRINEV
    ON FILE
    ON FILE,OR97075     		    OPERATION PRINEVILLE SENIOR CENTER 5,000
    UNION GOSPEL MISSION
    ON FILE
    ON FILE,OR97075     		    SEARCH + RESCUE HOMELESS OUTREACH 5,000
    ST VINCENT DE PAUL - MYRTLE CREEK
    ON FILE
    ON FILE,OR97075     		    BASIC NEEDS ASSISTANCE TO STRENGTHEN 3,000
    PROJECT LEMONADE
    ON FILE
    ON FILE,OR97075     		    BACK TO SCH SHOPPING FOR FOSTER YOUT 10,000
    A FAMILY FOR EVERY CHILD
    ON FILE
    ON FILE,OR97075     		    ADOPTION PROGRAM 10,000
    COMMUNITY OF HOPE
    ON FILE
    ON FILE,OR97075     		    STAFF SUPPORT 10,000
    ALS ASSOCATION
    ON FILE
    ON FILE,OR97075     		    MULTI YEAR COMMITMENT FUNDING 15,000
    MAKE-A-WISH FOUNDATION
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - WISHING ON A WOD 10,000
    CHILDREN'S CANCER THERAPY DEVELOPME
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - TEAM ELI 5,000
    MEALS ON WHEELS - TIGARD
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - TIGARD CENTER 5,000
    GRACE UNITED METHODIST CHURCH
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - SUNNYSIDE HOUSE SHELTER 5,000
    GRACES HOPE
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT-RUN WITH GRACE SCHOLARSHI 5,000
    BREAST FRIENDS
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - SUPPLIES SUPPORT FOR CL 2,500
    OREGON CASA NETWORK
    ON FILE
    ON FILE,OR97075     		    IMPLEMENT A KNOWLEDGE SHARING PLATFO 10,000
    ST MARYS HOME FOR BOYS
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - ORGANIZATION SUPPORT 5,000
    COMMERCE CLEVELAND HIGH SCHOOL
    ON FILE
    ON FILE,OR97075     		    THE PATRICIA VALIAN RESER SCHOLARSHI 5,000
    BRIAN GRANT FOUNDATION
    ON FILE
    ON FILE,OR97075     		    EXERCISE AND NUTRITION FOR PARKINSON 11,500
    PEAR
    ON FILE
    ON FILE,OR97075     		    PEAR WORKS - JOB TRAINING PROGRAM 10,000
    RICE NW MUSEUM OF ROCKS AND MINERAL
    ON FILE
    ON FILE,OR97075     		    EXPANDING SCIENCE OUTREACH TO TITLE 5,000
    AAUW OF OREGON SPECIAL PROJECTS FUN
    ON FILE
    ON FILE,OR97075     		    TECH TREK CENTRAL OREGON 11,000
    COMMUNITY CYCLING CENTER
    ON FILE
    ON FILE,OR97075     		    STEM EDUCATION BICYCLE MECHANICS 5,000
    BEAVERTON HIGH SCHOOL SUCCESS FUND
    ON FILE
    ON FILE,OR97075     		    SUCCESS FUND - DAM MAGAZINE 6,400
    BOYS AND GIRLS CLUB OF THE ROGUE VA
    ON FILE
    ON FILE,OR97075     		    PROJECT LEARN: FULL STEAM AHEAD 12,000
    OREGON CHILDREN'S FOUNDATION DBA SM
    ON FILE
    ON FILE,OR97075     		    BOOKS TO KEEP FOR KIDS 5,000
    OREGON ZOO FOUNDATION
    ON FILE
    ON FILE,OR97075     		    FIELD TRIPS FOR THIRD GRADE CLASSES 5,000
    STAYTON PUBLIC LIBRARY FOUNDATION
    ON FILE
    ON FILE,OR97075     		    EARLY LITERACY OUTREACH PROGRAM 2,000
    THE LIBRARY FOUNDATION-MULTNOMAH CT
    ON FILE
    ON FILE,OR97075     		    BOOKS 2U PROGRAM 4,000
    OREGON COAST AQUARIUM
    ON FILE
    ON FILE,OR97075     		    EDUCATION AND YOUTH VOLUNTEER PGRM 25,000
    CENTRO CULTURAL DE CONDADO DE WASHI
    ON FILE
    ON FILE,OR97075     		    CENTRO CULTURAL STEAM PROGRAMS 25,000
    JACKSON COUNTY COMMUNITY CONSORTIUM
    ON FILE
    ON FILE,OR97075     		    LATINO SCHOLARSHIP FUND 10,000
    OPEN MEADOWS
    ON FILE
    ON FILE,OR97075     		    OPEN SCHOOL STEP UP-PATHWAYS TO SUCC 25,000
    WORLD OF SPEED
    ON FILE
    ON FILE,OR97075     		    ENHANCING CAREER AND TECH EDUCATION 15,000
    ELEVATE OREGON
    ON FILE
    ON FILE,OR97075     		    STRENGTHENING STUDENT SUCCESS 25,000
    I HAVE A DREAM OREGONGREATER THAN
    ON FILE
    ON FILE,OR97075     		    DREAMER SCHOOL PROJECT - MIDDLE SCH 25,000
    ECUMENICAL MINISTRIES OF OREGON
    ON FILE
    ON FILE,OR97075     		    SECOND HOME 25,000
    WASHINGTON COUNTY MUSEUM
    ON FILE
    ON FILE,OR97075     		    DYNAMIC FIELD TRIPS 10,000
    THE SHADOW PROJECT
    ON FILE
    ON FILE,OR97075     		    FOSTERING SUCCESS IN SPECIAL EDUCATI 6,000
    FOUNDATIONS FOR A BETTER OREGON
    ON FILE
    ON FILE,OR97075     		    EDUCATOR ADVANCEMENT 25,000
    FRIENDS OF THE MENTOR PROGRAM
    ON FILE
    ON FILE,OR97075     		    PEER MENTOR/PROJECT MAGIC 5,000
    THE CHILDREN'S BOOK BANK
    ON FILE
    ON FILE,OR97075     		    SUMMER READING FOR UNDER-SERVED 2,000
    PEARL BUCK CENTER
    ON FILE
    ON FILE,OR97075     		    CAREER TRAINING EDU FOR DIVERSE ABIL 10,000
    THE SCHOOL FOUNDATION
    ON FILE
    ON FILE,OR97075     		    EDUCATION FOUNDATION FOR BEND LA-PIN 5,000
    VICTORY ACADEMY
    ON FILE
    ON FILE,OR97075     		    INNOVATIVE PROGRAMMING AND SUPPORT 5,000
    SCHOOLHOUSE SUPPLIES
    ON FILE
    ON FILE,OR97075     		    NO COST STORE FOR TEACHERS PROJECT 5,000
    JESUIT HIGH SCHOOL
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - FOOD DRIVE 2,500
    COMMUNITY RESOURCES TRUST
    ON FILE
    ON FILE,OR97075     		    SALEM-KEIZER CTEC 50,000
    PORTLAND YOUTH BUILDERS
    ON FILE
    ON FILE,OR97075     		    SOUTHEAST PORTLAND EXPANSION PROJECT 32,000
    OMSI
    ON FILE
    ON FILE,OR97075     		    MIDDLE SCHOOL -ON CTE AND STEAM EDU 10,000
    NEWBERG CHRISTIAN CHURCH
    ON FILE
    ON FILE,OR97075     		    MY ZONE MIDDLE SCHOOL YOUTH ACTIVITY 2,500
    NATIVE AMERICAN YOUTH AND FAMILY SE
    ON FILE
    ON FILE,OR97075     		    NATIVE STUDENT SUCCESS 17,500
    SAUVIE ISLAND SCHOOL
    ON FILE
    ON FILE,OR97075     		    STEM BOAT BUILDING PROJECT 3,000
    CENTRO CULTURAL DE CONDADO DE WASHI
    ON FILE
    ON FILE,OR97075     		    ANGEL - GENERAL OPERATING 5,000
    COLUMBIA CENTER FOR THE ARTS
    ON FILE
    ON FILE,OR97075     		    SENIORS AND THE ARTS PROGRAM 2018 5,750
    FOUR RIVERS CULTURAL CENTER
    ON FILE
    ON FILE,OR97075     		    CHILDREN'S COMMUNITY THEATRE PGRM 6,000
    HIGH DESERT MUSEUM
    ON FILE
    ON FILE,OR97075     		    KIDS CURATE 10,000
    METROPOLITIAN YOUTH SYMPHONY
    ON FILE
    ON FILE,OR97075     		    MUSIC ACCESS AND EQUITY PROGRAM 5,000
    PHAME
    ON FILE
    ON FILE,OR97075     		    ROCK OPERA CLASSES FOR SPECIAL NEEDS 6,000
    PORTLAND INSTITUTE FOR CONTEMPORARY
    ON FILE
    ON FILE,OR97075     		    PICA 2018 YOUTH ARTS ACCESS PROGRAMS 5,000
    PORTLAND YOUTH PHILHARMONIC ASSOCIA
    ON FILE
    ON FILE,OR97075     		    MUSIC AND COMMUNITY ENGAGEMENT 5,000
    THE ARTBACK
    ON FILE
    ON FILE,OR97075     		    THE ESTACADA SUMMER CELEBRATION 4,000
    CANNON BEACH ARTS ASSOCIATION
    ON FILE
    ON FILE,OR97075     		    16TH ANNUAL SUMMER ART PROGRAM 8,745
    YOUNG AUDIENCES OF OREGON
    ON FILE
    ON FILE,OR97075     		    ARTS IN EDU PROGRAMMING 2018-2019 12,000
    THE JOHN G SHEDD INSTITUTE FOR THE
    ON FILE
    ON FILE,OR97075     		    COMPLETE THE TRANSFORMATION 25,000
    OREGON HISTORICAL SOCIETY
    ON FILE
    ON FILE,OR97075     		    FORWARD CAMPAIGN 25,000
    OREGON CHORALE
    ON FILE
    ON FILE,OR97075     		    SEASON OF CONCERTS SUPPORT 5,000
    PORTLAND PLAYHOUSE
    ON FILE
    ON FILE,OR97075     		    FALL FESTIVAL OF SHAKESPEARE THEATRE 5,000
    BIG HORN BRASS
    ON FILE
    ON FILE,OR97075     		    MUSIC ENRICHMENT IN WASHINGTON CTY 2,000
    CRATERIAN PERFORMANCES COMPANY
    ON FILE
    ON FILE,OR97075     		    OPERATING SUPPORT 5,000
    LIVING OPPORTUNITIES
    ON FILE
    ON FILE,OR97075     		    SUPPORT FOR THE STUDIO AT LIVING OPP 3,000
    LIBERTY RESTORATION INC
    ON FILE
    ON FILE,OR97075     		    CLASSICAL SERIES SCHOOL WORKSHOPS 5,000
    OREGON EAST SYMPHONY
    ON FILE
    ON FILE,OR97075     		    PLAYING FOR KEEPS 5,000
    THE OLD CHURCH SOCIETY INC
    ON FILE
    ON FILE,OR97075     		    LITTLE EARS CONCERTS FOR CHILDREN 2,000
    TOWER THEATRE FOUNDATION
    ON FILE
    ON FILE,OR97075     		    EDUCATIONAL PROGRAM-LESSON PLAN 3,000
    BOYS AND GIRLS CLUB OF EMERALD VALL
    ON FILE
    ON FILE,OR97075     		    EXPLORING THE ARTS 5,000
    OREGON SYMPHONY
    ON FILE
    ON FILE,OR97075     		    ENRICHING LIVES THROUGH MUSIC EDU 25,000
    BAG AND BAGGAGE PRODUCTIONS
    ON FILE
    ON FILE,OR97075     		    EMERGING ARTIST PROGRAM 15,000
    PASSINART - A THEATRE COMPANY
    ON FILE
    ON FILE,OR97075     		    NEW SEASON SUPPORT - MAKING ROOM 10,000
    PORTLAND ART MUSEUM
    ON FILE
    ON FILE,OR97075     		    EXHIBITION SERIES EDUCATION PROGRAMS 10,000
    NEWPORT SYMPHOY ORCHESTRA
    ON FILE
    ON FILE,OR97075     		    LEADERSHIP TO INCREASE COMMUNITY 5,000
    BEAVERTON ARTS AND CULTURE FOUNDATI
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - ART SCHOLARSHIP PROGRAM 5,000
    PORTLAND CENTER STAGE
    ON FILE
    ON FILE,OR97075     		    ARTS LEARNING PROGRAMS FOR YOUTH 3,000
    OREGON CHILDREN'S THEATRE
    ON FILE
    ON FILE,OR97075     		    THEATER FOR ALL 15,000
    VETERANS LEGACIES INC
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT - STUDENT COLLABORATION 2,500
    FOOD BY DESIGN
    ON FILE
    ON FILE,OR97075     		    KENTON WOMEN'S VILLAGE URBAN FARMS 3,000
    NORTH FORK JOHN DAY WATERSHED COUNC
    ON FILE
    ON FILE,OR97075     		    MAGONE LAKE RECREATION AREA MOUNT 10,000
    THE NEXT DOOR INC
    ON FILE
    ON FILE,OR97075     		    SUMMER Y EMPLOYMENT TRAIL REPAIR 12,200
    WORLD SALMON COUNCIL
    ON FILE
    ON FILE,OR97075     		    SALMON WATCH 5,000
    WALLOWA RESOURCES
    ON FILE
    ON FILE,OR97075     		    UPPER WALLOWA RIVER RESTORATION 50,000
    ASHLAND YMCA
    ON FILE
    ON FILE,OR97075     		    Y-CAMP LOW ECHO - TOP OFF GRANT 50,000
    THE BLUEPRINT FOUNDATION
    ON FILE
    ON FILE,OR97075     		    GROUNDING WATERS ENVIRONMENTAL SCI 10,000
    ASHLAND PARKS AND RECREATION
    ON FILE
    ON FILE,OR97075     		    NORTH MOUNTAIN PARK NATURE PLAY AREA 11,827
    CORVALLIS BICYCLE COLLECTIVE
    ON FILE
    ON FILE,OR97075     		    BETTER BLOCK CORVALLIS 3,000
    FRIENDS OF THE JEFFERSON PUBLIC LIB
    ON FILE
    ON FILE,OR97075     		    GOT BOOKS NEED SHELVES INITIATIVE 5,000
    PENTACLE THEATRE
    ON FILE
    ON FILE,OR97075     		    IF THEY HEAR IT, THEY WILL COME PROJ 6,000
    ROGUE FARM CORPS
    ON FILE
    ON FILE,OR97075     		    SUPPORTING INTERGENERATIONAL FARM 5,000
    COASTAL CONSERVATION ASSOCIATION-WF
    ON FILE
    ON FILE,OR97075     		    TROUT CREEK ACCLIMATION POND GRAVITY 6,000
    WALLOWA RESOURCES
    ON FILE
    ON FILE,OR97075     		    WALLOWA STEWARDSHIP COMMUNITY CTR 100,000
    BUTTE CREEK MILL FOUNDATION
    ON FILE
    ON FILE,OR97075     		    REBUILD AND RESTORATION OF THE BUTTE 50,000
    PORTLAND RESCUE MISSION
    ON FILE
    ON FILE,OR97075     		    BURNSIDE KITCHEN RENOVATION 35,000
    LAKEVIEW COMMUNITY PARTNERSHIP
    ON FILE
    ON FILE,OR97075     		    ANGEL GIFT ALGER THEATER SUPPORT 5,000
    CORNELIUS LIBRARY FOUNDATION
    ON FILE
    ON FILE,OR97075     		    LEARNING CENTER CONSTRUCTION SUPPORT 48,000
    FEEDING KIDS IN OUR BACKYARD INC
    ON FILE
    ON FILE,OR97075     		    SUPPLIES FOR TEENS IN FOSTER 5,000
    FEEDING KIDS IN OUR BACKYARD INC
    ON FILE
    ON FILE,OR97075     		    SUPPLIES FOR TEENS IN FOSTER 5,000
    JESSIE F RICHARDSON FOUNDATION
    ON FILE
    ON FILE,OR97075     		    AGELESS AWARD - FOUNDER'S CIRCLE SPO 7,000
    MEDICAL TEAMS INTERNATIONAL
    ON FILE
    ON FILE,OR97075     		    GREAT ADV PRESENTING SPONSOR & HEATH 35,000
    ASSOCIATION OF FUNDRAISING PROFESSI
    ON FILE
    ON FILE,OR97075     		    SILVER SPONSORSHIP - AFP AWARDS PRO 2,500
    Total .................................bullet 3a 1,597,922
    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 ...........     		         
    4 Dividends and interest from securities....     14 1,288,281  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 521,471 446,555
    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)..   1,809,752 446,555
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,256,307
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


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

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE RESER FAMILY FOUNDATION
     
    Employer identification number

    27-2624875
    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 RESER FAMILY FOUNDATION
          		Employer identification number
    27-2624875
    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
    PATRICIA J RESER  
    8080 SW 175TH AVENUE
     
    BEAVERTON, OR97007

    		$ 4,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    RESER'S FINE FOODS INC
     
    PO BOX 8
    15570 SW JENKINS ROAD
    BEAVERTON, OR97075

    		$ 517,000


    (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 RESER FAMILY FOUNDATION
          		Employer identification number

    27-2624875
    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 RESER FAMILY FOUNDATION
          		Employer identification number

    27-2624875
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX, CONSULTING & PROF FEES 11,509     11,509

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB STOCK & MUTUAL FUNDS 41,487,883 41,487,883

    TY 2018 LegalFeesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,000     2,000


    TY 2018 OtherAssetsSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEFERRED TAX BENEFITS   6,332 6,332


    TY 2018 OtherDecreasesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Description Amount
    ADJUSTMENT FOR UNREALIZED GAIN/LOSS 6,198,468
    ACCRUAL TO CASH ADJUSTMENT 212,515


    TY 2018 OtherExpensesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK FEES 125 75   50
    CONFERENCE AND MEETING 15,905 1,500   14,405
    ADVERTISING 7,798     7,798
    WEBSITE EXPENSES 8,750     8,750
    MISCELLANEOUS EXPENSES 500     500


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES PAYABLE 10,737 7,721
    DEFERRED TAXES 55,760  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT & FOUNDATION CONSULTI 66,601 26,640   39,961
    OTHER CONSULTING 10,000     10,000


    TY 2018 TaxesSchedule
    Name:
    THE RESER FAMILY FOUNDATION
    EIN:
    27-2624875
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CHARLES SCHWAB FOREIGN TAXES 31,988 31,988    
    OREGON DEPT OF JUSTICE - CT12 2,400     2,400
    TREASURY DEPT EXCISE TAX-2018 ES 24,977     24,977