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
DAN AND MERRIE BOONE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2660 PEACHTREE ROAD NO 35H
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30305
A Employer identification number

58-2663615
B Telephone number (see instructions)

(404) 876-9411
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$8,267,699J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,565 1,565  
4 Dividends and interest from securities... 221,894 221,884  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 555,201
b Gross sales price for all assets on line 6a 2,487,755
7 Capital gain net income (from Part IV, line 2)... 555,201
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 27,858 28,834  
12 Total. Add lines 1 through 11........ 806,518 807,484  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,945 3,400   5,545
c Other professional fees (attach schedule).... Click to see attachment 29,159 29,159   0
17 Interest............... 362 362   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 38,493 4,903   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 149 61   88
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,108 37,885   5,633
25 Contributions, gifts, grants paid....... 534,007 534,007
26 Total expenses and disbursements. Add lines 24 and 25 611,115 37,885   539,640
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 195,403
b Net investment income (if negative, enter -0-) 769,599
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.............      
2 Savings and temporary cash investments......... 155,518 480,073 480,073
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) 141,153 0 0
b Investments—corporate stock (attach schedule)....... 5,754,751 Click to see attachment5,731,396 6,836,892
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).......... 841,354 Click to see attachment802,651 950,634
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment100 Click to see attachment100 Click to see attachment100
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,892,876 7,014,220 8,267,699
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,892,876 7,014,220
30 Total net assets or fund balances (see instructions)..... 6,892,876 7,014,220
31 Total liabilities and net assets/fund balances (see instructions). 6,892,876 7,014,220
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
6,892,876
2
Enter amount from Part I, line 27a .....................
2
195,403
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,088,279
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
74,059
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,014,220
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED PARTNERSHIP P    
b PUBLICLY TRADED PARTNERSHIP P    
c PUBLICLY TRADED PARTNERSHIP P    
d PUBLICLY TRADED PARTNERSHIP P    
e PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED PARTNERSHIP P    
PUBLICLY TRADED SECURITIES P    
CAPITAL GAINS DIVIDENDS P    
(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 4     4
b 20,415     20,415
c 776     776
d     595 -595
e 43     43
1,589     1,589
    11,514 -11,514
8,617   1 8,616
19,635     19,635
37     37
    30 -30
2,412,547   1,920,414 492,133
24,092     24,092
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       4
b       20,415
c       776
d       -595
e       43
      1,589
      -11,514
      8,616
      19,635
      37
      -30
      492,133
      24,092
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 2 555,201
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 504,535 9,561,589 0.052767
2016 508,912 8,766,002 0.058055
2015 580,603 9,298,356 0.062441
2014 508,402 9,370,079 0.054258
2013 326,765 8,440,376 0.038715
2
Total of line 1, column (d) .....................
2
0.266236
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
0.053247
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,989,515
5
Multiply line 4 by line 3......................
5
531,912
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,696
7
Add lines 5 and 6........................
7
539,608
8
Enter qualifying distributions from Part XII, line 4,.............
8
539,640
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 7,696
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,696
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,696
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 16,080
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,080
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,384
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet8,384 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    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 ofbulletDANIEL W BOONE III Telephone no.bullet (404) 233-8386

    Located atbullet2660 PEACHTREE ROAD 35HATLANTAGA ZIP+4bullet30305
    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
    DANIEL W BOONE III DIRECTOR
    1.00     		0 0 0
    2660 PEACHTREET ROAD 35H
    ATLANTA,GA30305
    MEREDITH B TUTTEROW DIRECTOR
    0.50     		0 0 0
    5465 WOODDALE AVE
    EDINA,MN55424
    SUSANNA B VER EECKE DIRECTOR
    0.50     		0 0 0
    1063 OAK STREET
    WINNETKA,IL60093
    DANIEL W BOONE IV DIRECTOR
    0.50     		0 0 0
    5088 RIVERVIEW ROAD NW
    ATLANTA,GA30327
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,745,646
    b
    Average of monthly cash balances.......................
    1b
    395,994
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,141,640
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,141,640
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    152,125
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,989,515
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    499,476
    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
    499,476
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,696
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,696
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    491,780
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    491,780
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    491,780
    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
    539,640
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    539,640
    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
    7,696
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    531,944
    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 7 491,780
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 75,326
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 539,640
    a Applied to 2017, but not more than line 2a 75,326
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 464,314
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		27,466
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    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).)
    DANIEL W BOONE III
    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
    AGAPE
    2353 BOLTON ROAD NW 100
    ATLANTA,GA30318     		N/A PC EDUCATION 2,500
    AMERICAN FOLK ART MUSEUM
    1865 BROADWAY 11TH FLOOR
    NEW YORK,NY10023     		N/A PC ART MUSEUM 1,000
    AMERICAN PARKINSON DISEASE ASSOCIATION
    PO BOX 49416
    ATLANTA,GA30359     		N/A PC RESEARCH FUNDING 1,000
    AMERICAN RIVERS
    1101 14TH ST NW 1400
    WASHINGTON,DC20005     		N/A PC ENVIRONMENT CONSERVATION 10,000
    AMI KIDS
    5915 BENJAMIN CENTER DRIVE
    TAMPA,FL33634     		N/A PC YOUTH SUPPORT 1,000
    ASHOKA
    1700 N MOORE ST STE 2000
    ARLINGTON,VA22209     		N/A PC FINANCIAL SUPPORT 1,000
    ATLANTA BOTANICAL GARDEN
    1345 PIEDMONT AVE
    ATLANTA,GA30309     		N/A PC ARTS 1,200
    ATLANTA COMMUNITY FOOD BANK
    732 JOSEPH E LOWERY BLVD NW
    ATLANTA,GA30318     		N/A PC FEED HOMELESS 2,500
    ATLANTA HABITAT FOR HUMANITY
    519 MEMORIAL DRIVE SE
    ATLANTA,GA30312     		N/A PC FINANCIAL SUPPORT 25,000
    ATLANTA HIGH MUSEUM OF ART
    1280 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A PC ART MUSEUM 113,500
    ATLANTA HISTORY CENTER
    130 WEST PACES FERRY RD
    ATLANTA,GA30305     		N/A PC HISTORY CONSERVATION 2,500
    ATLANTA SYMPHONY
    1280 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A PC ARTS 1,000
    ATLANTA UNION MISSION
    2352 BOLTON RD
    ATLANTA,GA30318     		N/A PC FINANCIAL SUPPORT 2,500
    BEAUFORT MEMORIAL HOSPITAL FOUNDATION
    955 RIBAUT RD
    BEAUFORT,SC29902     		N/A PC MEDICAL ASSISTANCE 5,000
    BEAUFORT OPEN LAND TRUST
    1001 BAY STREET
    BEAUFORT,SC29901     		N/A PC ENVIRONMENTAL CONSERVATION 1,000
    BOYS AND GIRLS CLUB
    1100 BOUNDARY STREET
    BEAUFORT,SC29902     		N/A PC EDUCATIONAL SUPPORT 1,000
    BRITISH SCHOOLS & UNIVERSITIES
    575 MADISON AVENUE SUITE 1006
    NEW YORK,NY10022     		N/A PC EDUCATIONAL SUPPORT 5,000
    CAPA OF BEAUFORT
    PO BOX 531
    BEAUFORT,SC29901     		N/A PC YOUTH SUPPORT 1,000
    CHICAGO JESUIT ACADEMY
    5058 WEST JACKSON BLVD
    CHICAGO,IL60644     		N/A PC EDUCATIONAL SUPPORT 12,000
    CHILDREN'S HOME AND AID
    125 SOUTH WACKER DRIVE 14TH FLOOR
    CHICAGO,IL60606     		N/A PC ADOPTION SERVICES 500
    CHILDREN'S THEATRE COMPANY
    2400 3RD AVE S
    MINNEAPOLIS,MN55404     		N/A PC YOUTH SUPPORT 6,000
    COSTAL CONSERVATION LEAGUE
    328 EAST BAY STREET
    CHARLESTON,SC29402     		N/A PC ENVIRONMENTAL CONSERVATION 10,000
    CURE PSP
    30 E PADIONIA ROAD 201
    TIMONIUM,MD21093     		N/A PC MEDICAL RESEARCH 1,000
    DAMARC FOUNDATION
    17 METACOM DR
    SIMSBURY,CT06070     		N/A PC EDUCATIONAL SUPPORT 1,504
    DAVIDSON COLLEGE
    BOX 7173
    DAVIDSON,NC28035     		N/A PC EDUCATIONAL SUPPORT 10,000
    EAGLE RANCH
    5500 UNION CHURCH RD
    FLOWERY BRANCH,GA30542     		N/A PC YOUTH SUPPORT 2,500
    EMMAUS HOUSE
    1017 HANK AARON DR SW
    ATLANTA,GA303151705     		N/A PC ELIMINATING POVERTY 1,000
    EMORY UNIVERSITY
    1762 CLIFTON ROAD
    ATLANTA,GA30322     		N/A PC EDUCATION/RESEARCH 157,500
    ETV OF SOUTH CAROLINA
    401 E KENNEDY ST SUITE B-1
    SPARTANBURG,SC29302     		N/A PC SC PUBLIC BROADCASTING 500
    FABRETTO CHILDREN'S FOUNDATION
    3124 NORTH 10TH ST 2ND FLOOR
    ARLINGTON,VA22201     		N/A PC HUMANITARIAN RELIEF 500
    FIRST PRESBYTERIAN CHURCH PRESCHOOL FOUNDATION
    1328 PEACHTREE STREET NE
    ATLANTA,GA30309     		N/A PC CHILD DEVELOPMENT 9,000
    FRIENDS OF ENGLISH AVENUE
    2141 POWERS FERRY RD 250
    MARIETTA,GA30067     		N/A PC COMMUNITY SUPPORT 1,000
    FROM K-1 ENERGY TRANSFER PARTNERS LP
    3738 OAK LAWN
    DALLAS,TX75219     		N/A PC ENVIRONMENTAL PRESERVATION 5
    FROM K-1 NUSTAR GP HOLDINGS LLC
    PO BOX 781609
    SAN ANTONIO,TX78278     		N/A PC ENVIRONMENTAL PRESERVATION 3
    FROM K-1 WILLIAMS PARTNERS LP
    ONE WILLIAMS CENTER
    TULSA,OK74172     		N/A PC ENVIRONMENTAL PRESERVATION 2
    GEORGIA CENTER FOR OPPORTUNITY
    333 RESEARCH COURT 210
    NORCROSS,GA30092     		N/A PC EDUCATIONAL SUPPORT 5,000
    GEORGIA CONSERVANCY
    817 WEST PEACHTREE STREET SUITE 200
    ATLANTA,GA30308     		N/A PC ENVIRONMENTAL CONSERVATION 1,000
    GEORGIA COURT APPOINTED SPECIAL ADVOCATE ASSOCIATION
    1776 PEACHTREE RD NW STE 219
    ATLANTA,GA30309     		N/A PC HUMAN RIGHTS 2,500
    GEORGIA PUBLIC POLICY FOUNDATION
    3200 COBB GALLERIA PARKWAY 214
    ATLANTA,GA30339     		N/A PC SCHOLARLY RESEARCH 1,000
    GEORGIA TRUST FOR HISTORIC PRESERVATION
    1516 PEACHTREE STREET
    ATLANTA,GA30309     		N/A PC HISTORIC PRESERVATION 1,000
    GREATER MINNEAPOLIS CRISES NURSERY
    4544 4TH AVENUE SOUTH
    MINNEAPOLIS,MN55419     		N/A PC NURSERY SERVICES 1,000
    GREENVILLE GIFT
    PO BOX 8006
    GREENVILLE,SC29604     		N/A PC CLOTHING FOR NEWBORNS 500
    HELP OF BEAUFORT
    1910 BAGGETT ST
    BEAUFORT,SC29902     		N/A PC FINANCIAL ASSISTANCE 1,000
    HIGHLANDS BIOLOGICAL FOUNDATION
    PO BOX 580
    HIGHLANDS,NC28741     		N/A PC EDUCATION & RESEARCH SUPPORT 1,000
    HIGHLANDS COMMUNITY CHILD DEV CENTER
    89 CHURCH ST
    HIGHLANDS,NC28741     		N/A PC YOUTH SUPPORT 1,000
    HIGHLANDS COMMUNITY FUND
    PO BOX 1150
    HIGHLANDS,NC28741     		N/A PC COMMUNITY SUPPORT 4,000
    HOPEFUL HORIZONS
    1212 CHARLES ST
    BEAUFORT,SC29902     		N/A PC DOMESTIC VIOLENCE AWARENESS 1,000
    K-1 MAGELLAN MIDSTREAM PARTNERS LP
    PO BOX 22186
    TULSA,OK74121     		N/A PC 501 (C) (3) CIVIC 1
    K-1 NUSTAR ENERGY LP
    PO BOX 781609
    SAN ANTONIO,TX78278     		N/A PC 501 (C) (3) CIVIC 2
    LITERACY COUNCIL OF HIGHLANDS
    PO BOX 2320
    HIGHLANDS,NC28741     		N/A PC EDUCATIONAL SUPPORT 1,000
    LOW COUNTRY FOOD BANK
    2864 AZALEA DR
    NORTH CHARLESTON,SC29405     		N/A PC FOOD FOR HOMELESS 1,000
    LOW COUNTRY HABITAT FOR HUMANITY
    616 PARRIS ISLAND GATEWAY
    BEAUFORT,SC29906     		N/A PC HOUSING SUPPORT 1,000
    MARTIN LIPSCOMB PERFORMING ARTS CENTER
    195 HEMPHILL KNOB ROAD
    ASHEVILLE,NC28803     		N/A PC ART CENTER 1,000
    MESDA
    924 SOUTH MAIN ST
    WINSTONSALEM,NC27101     		N/A PC ART CENTER 1,000
    MINNESOTA ORCHESTRA
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403     		N/A PC ART CENTER 1,000
    MISSISSIPPI FOLK ART FOUNDATION
    4535 N WASHINGTON ST
    VICKSBURG,MI39183     		N/A PC ART CENTER 1,000
    NATIONAL CENTER FOR FAMILY PHILANTROPHY
    1818 M ST MW STE 300
    WASHINGTON,DC20036     		N/A PC EDUCATIONAL SUPPORT 1,000
    NATURE CONSERVACY OF SOUTH CAROLINA INC
    2231 DEVINE ST
    COLUMBIA,SC29205     		N/A PC ENVIRONMENTAL PRESERVATION 5,000
    NEXT STEP FITNESS
    4447 REDONDO BEACH BLVD
    LAWNDALE,CA90260     		N/A PC HEALTH SUPPORT 500
    NORTH SHORE COUNTRY DAY SCHOOL
    310 GREEN BAY ROAD
    WINNETKA,IL60093     		N/A PC EDUCATIONAL SUPPORT 2,500
    PARADISE GARDEN
    200 NORTH LEWIS STREET
    SUMMERVILLE,GA30747     		N/A PC ART CENTER 1,500
    PARK PRIDE
    233 PEACHTREE ST NE SUITE 1600
    ATLANTA,GA30303     		N/A PC ENVIRONMENTAL CONSERVATION 1,000
    PASAQUAN COLOMBUS STATE FOUNDATION
    238 EDDIE MARTIN ROAD
    BUENA VISTA,GA31808     		N/A PC ART CENTER 1,000
    PATH FOUNDATION
    PO BOX 14327
    ATLANTA,GA30324     		N/A PC ENVIRONMENTAL PRESERVATION 1,000
    PENN CENTER INC NATIONAL HISTORIC LANDMARK DISTRICT
    16 PENN CENTER CIRCLE WEST
    ST HELENA ISLAND,SC29920     		N/A PC HISTORIC PRESERVATION 1,000
    PORT ROYAL SOUND FOUNDATION
    310 OKATIE HIGHWAY
    OKATIE,SC29909     		N/A PC ENVIRONMENTAL PRESERVATION 5,000
    PROJECT PURPLE
    PO BOX 884
    SEYMOUR,CT06483     		N/A PC DISEASE RESEARCH 1,000
    RABUN GAP - NACOOCHEE SCHOOL
    339 NACOOCHEE DRIVE
    RABUN GAP,GA30568     		N/A PC EDUCATIONAL SUPPORT 5,000
    SANTA ELENA FOUNDATION
    1501 BAY STREET
    BEAUFORT,SC29902     		N/A PC HISTORY PRESERVATION 500
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA SUITE 350
    ATLANTA,GA30303     		N/A PC EDUCATIONAL SUPPORT 1,840
    SPRING ISLAND TRUST FOUNDATION
    40 MOBLEY OAKS LANE
    OKATIE,SC29909     		N/A PC ENVIRONMENTAL PRESEVERATION 10,000
    ST MARGARET'S SCHOOL
    PO BOX 158
    TAPPAHANNOCK,VA22560     		N/A PC EDUCATIONAL SUPPORT 10,000
    THE BASCOM
    554 MAIN ST PO BOX 766
    HIGHLANDS,NC28741     		N/A PC ART CENTER 16,000
    THE BLAKE SCHOOL
    110 BLAKE ROAD SOUTH
    HOPKINS,MN55343     		N/A PC EDUCATIONAL SUPPORT 8,000
    THE LOVETT SCHOOL
    4075 PACES FERRY RD NW
    ATLANTA,GA30327     		N/A PC EDUCATIONAL SUPPORT 2,500
    THE MICHAEL J FOX FOUNDATION
    CHURCH ST STATION PO BOX 780
    NEW YORK,NY10008     		N/A PC DISEASE RESEARCH 21,950
    THE TRUST FOR PUBLIC LAND
    101 MONTGOMERY STREET SUITE 900
    SAN FRANCISCO,CA94104     		N/A PC ENVIRONMENTAL PRESERVATION 1,500
    TROUT UNLIMITED
    1777 N KENT STREET SUITE 100
    ARLINGTON,VA22209     		N/A PC ENVIRONMENTAL SUPPORT 1,000
    TURNEFFE ATOLL TRUST
    PO BOX 10670
    BOZEMAN,MT59719     		N/A PC ENVIRONMENTAL PRESERVATION 2,000
    USCB CHAMBER MUSIC SERIES
    ONE UNIVERSITY BOULEVARD
    BLUFFTON,SC29909     		N/A PC ART CENTER 1,000
    WHARTON FUND
    3733 SPRUCE STREET
    PHILADELPHIA,PA191046360     		N/A PC EDUCATIONAL SUPPORT 1,000
    WILKINS FOUNDATION
    PO BOX 48821
    ATHENS,GA30604     		N/A PC DISEASE AWARENESS 10,000
    WORLD RESOURCES GROUP
    509 FLAMINGO DRIVE
    WEST PALM BEACH,FL33401     		N/A PC EDUCATIONAL SUPPORT 2,500
    YOUTH VILLAGES
    PO BOX 341154
    MEMPHIS,TN38184     		N/A PC YOUTH SUPPORT 1,000
    Total .................................bullet 3a 534,007
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,565  
    4 Dividends and interest from securities....     14 221,894  
    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.....     14 28,834  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 555,201  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aK-1, CVR PARTNERS     		900099 -102      
    bK-1, ENTERPRISE PRODUCTS PARTNERS 900099 2,528      
    cK-1, BLACKSTONE 900099 608      
    dK-1, ENERGY TRANSFER LP 900099 -4,010      
    e
    12 Subtotal. Add columns (b), (d), and (e).. -976 807,494 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    806,518
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,945 3,400   5,545

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY INVESTMENTS-SEE ATTACHED 5,175,296 5,992,718
    SCHWAB INVESTMENTS-SEE ATTACHED 556,100 844,174

    TY 2018 InvestmentsOtherSchedule2
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS-SEE ATTACHED AT COST 783,434 945,592
    CVR NITROGEN LP (FORMERLY RENTECH) AT COST 1,042 1,042
    FIDELITY- EURO (EUR) AT COST 981 1,087
    FIDELITY- POUND STERLING (GBP) AT COST 2,173 2,407
    CVR NITROGEN-RENTECH MERGER BASIS ADJUSTMENT AT COST 506 506
    TIMING DIFFERENCE AT COST 9,851 0
    FIDELITY INVESTMENTS-BASIS ADJUSTMENT AT COST 4,664 0

    TY 2018 OtherAssetsSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LP DISTRIBUTIONS RECEIVABLE 100 100 100


    TY 2018 OtherDecreasesSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Description Amount
    NUSTAR SALE 60,008
    BASIS ADJUSTMENT 14,051


    TY 2018 OtherExpensesSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SECRETARY OF STATE REGISTRATION FEE 30 15   15
    NON-DEDUCTIBLE EXPENSES 46 46   0
    OTHER EXPENSE 73 0   73


    TY 2018 OtherIncomeSchedule2
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K1 ENERGY TRANSFER PARTNERS LP 14,374 14,374 14,374
    K1 BLACKSTONE GROUP LP 103 103 103
    K1 ENTERPRISE PRODUCTS PARTNERS LP -3 -3 -3
    NON-DIVIDEND DISTRIBUTIONS 13 13 13
    K-1 WILLIAMS PARTNERS LP 15,929 15,929 15,929
    NUSTAR GP HOLDINGS, LLC -1,473 -1,473 -1,473
    K-1, WESTERN GAS PARTNERS, LP -962 -962 -962
    K-1 MAGELLAN MIDSTREAM PARTNERS LP 146 146 146
    K-1, EQM MIDSTREAM PARTNERS LP -565 -565 -565
    K-1, NUSTAR ENERGY 5,302 5,302 5,302
    K-1, ENERGY TRANSFER LP -4,030 -4,030 -4,030
    K-1, CVR PARTNERS -102   -102
    K-1, ENTERPRISE PRODUCTS PARTNERS 2,528   2,528
    K-1, BLACKSTONE 608   608
    K-1, ENERGY TRANSFER LP -4,010   -4,010


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 29,159 29,159   0


    TY 2018 TaxesSchedule
    Name:
    DAN AND MERRIE BOONE FOUNDATION INC
    EIN:
    58-2663615
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX BASED ON INVESTMENT INCOME 33,590 0   0
    FOREIGN TAXES PAID 4,903 4,903   0