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
LONNIE L MICHAEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)535 MILLEDGE CIRCLE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATHENS, GA30606
A Employer identification number

20-6005600
B Telephone number (see instructions)

(706) 548-1832
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$790,884J 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 279 279  
4 Dividends and interest from securities... 11,241 11,241  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 11,690
b Gross sales price for all assets on line 6a 3,359,201
7 Capital gain net income (from Part IV, line 2)... 0
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).......   419  
12 Total. Add lines 1 through 11........ 23,210 11,939  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 55,342      
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 4,500      
c Other professional fees (attach schedule).... Click to see attachment 6,651      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,485      
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,359    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 781      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 73,118 0   0
25 Contributions, gifts, grants paid....... 34,450 34,450
26 Total expenses and disbursements. Add lines 24 and 25 107,568 0   34,450
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -84,358
b Net investment income (if negative, enter -0-) 11,939
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............. 13,376 12,663 12,663
2 Savings and temporary cash investments......... 318,869 593,267 593,267
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 567,278 Click to see attachment162,800 162,854
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).......... 10,000 Click to see attachment10,000 20,000
14 Land, buildings, and equipment: basis bullet5,616
Less: accumulated depreciation (attach schedule) bullet5,569 142 Click to see attachment1,406 2,100
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 909,665 780,136 790,884
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 909,665 780,136
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)..... 909,665 780,136
31 Total liabilities and net assets/fund balances (see instructions). 909,665 780,136
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
909,665
2
Enter amount from Part I, line 27a .....................
2
-84,358
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
825,307
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
45,171
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
780,136
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 25,898    
2016 21,806    
2015 26,633    
2014 26,295    
2013 49,861    
2
Total of line 1, column (d) .....................
2
 
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
 
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
270,875
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
119
7
Add lines 5 and 6........................
7
119
8
Enter qualifying distributions from Part XII, line 4,.............
8
34,450
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 1 119
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........................... 3 119
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- ..... 5 119
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
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 9 119
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
 
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
 
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
 
 
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
 
 
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
 
 
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
     
     
    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
     
     
    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
     
     
    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
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletJENNIFER T FITZGERALD Telephone no.bullet (706) 548-1832

    Located atbullet535 MILLEDGE CIRCLEATHENSGA ZIP+4bullet30606
    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
    JENNIFER T FITZGERALD TRUSTEE
    015.00     		0    
    535 MILLEDGE CIRCLE
    ATHENS,GA30606
    MICHAEL K FITZGERALD JR TRUSTEE
    010.00     		27,671    
    535 MILLEDGE CIRCLE
    ATHENS,GA30606
    CATHERINE D FITZGERALD TRUSTEE
    010.00     		27,671    
    535 MILLEDGE CIRCLE
    ATHENS,GA30606
    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
     
    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
     
    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 THESE FUNDS ARE DISTRIBUTED TO VARIOUS RELIGIOUS, ACADEMIC, HEALTH CARE, HOMELESS, AND OTHER CHARITABLE ORGANIZATIONS IN THE ATHENS, GA. AREA TO BETTER THE LIVES OF THE PEOPLE THEY SERVE. 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    250,000
    b
    Average of monthly cash balances.......................
    1b
    25,000
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    275,000
    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
    275,000
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    4,125
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    270,875
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    13,544
    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
    13,544
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    119
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    119
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    13,425
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    13,425
    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
    13,425
    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 Click to see attachment..........
    1a
    34,450
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    34,450
    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
    119
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    34,331
    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 13,425
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 13,306
    b From 2014...... 26,516
    c From 2015...... 26,633
    d From 2016...... 21,935
    e From 2017...... 26,015
    fTotal of lines 3a through e........ 114,405
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 34,450
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 34,450
    5 Excess distributions carryover applied to 2018. 13,425 13,425
    (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 5 135,430
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		135,430
    10 Analysis of line 9:
    a Excess from 2014.... 26,397
    b Excess from 2015.... 26,633
    c Excess from 2016.... 21,935
    d Excess from 2017.... 26,015
    e Excess from 2018.... 34,450
    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).)
    LONNIE MICHAEL
    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
    BOOKS FOR KEEPS
    440 DEARING EXT
    ATHENS,GA30606     		  PC CHILDREN LEARNING 1,000
    ATHENS COMMUNIOTY COUNCIL ON AGING
    135 HOYT ST
    ATHENS,GA30601     		  PC WORK WITH AGING PEOPLE 450
    EXTRA SPECIAL PEOPLE
    189 VFW DR
    WATKINSVILLE,GA30677     		  PC SPECIAL NEEDS CHILDREN 1,450
    CLUTE BARROW NELSON LIFE FND
    320 MILLEDGE HGHTS
    ATHENS,GA30606     		  PC FAMILIES WITH SICK CHILDREN 750
    UGA CHAPTER - NFF & CHOF
    P O BOX 1472
    ATHENS,GA30603     		  PC SCHOLORASHIP 2,500
    UGA FOUNFDATION
    394 SO MILLEDGE AVE
    ATHENS,GA30602     		  PC EDUCATION 13,000
    UGA TEE OFF CLUB
    P O BOX 1472
    ATHENS,GA30603     		  PC SCHOLARSHIP 2,500
    ST MARY'S HEALTHCARE SYS
    1230 BAXTER ST
    ATHENS,GA30606     		  PC MEDICAL RESEARCH 4,025
    ASPCA
    424 E 92 ND ST
    NEW YORK,NY10128     		  PC CARE OF ANIMALS 100
    EMMANUEL EPISCOL CHURCH
    498 PRINCE AVE
    ATHENS,GA30601     		  PC COMMUNITY PROJECTS 6,250
    HUMANE SOCIETY OF SOUTH COASTAL GA
    4627 U S HWY 17 NO
    BRUNSWICK,GA31522     		  PC CARE FOR ANIMALS 200
    NO KID HUNGARY SHARE OUR STRENGTH
    1030 15TH ST NW
    W WASHINGTON,DC20005     		  PC FEED NEEDY CHRILDREN 250
    ATHENS ACADEMY
    1281 SPARTAN LANE
    ATHENS,GA30606     		  PC EDUCATION PROGRAMS 1,150
    ATHENS YMCA
    915 HAWTHORNE AVE
    ATHENS,GA30606     		  PC YOUTH PROGRAMS 250
    PAYPAL GIVING FUND ALS
    1250 I ST MW
    WASHINGTON,DC20005     		  PC MEDICAL RESEARCH 575
    Total .................................bullet 3a 34,450
    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 ...........     		  279      
    4 Dividends and interest from securities....   11,241      
    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 ............     		  11,690      
    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).. 23,210    
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    23,210
    (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.)
    1 THESE FUNDS ARE DISTRIBUTED TO VARIOUS RELIGIOUS, ACADEMIC,
    3 HEALTH CARE, HOMELESS, AND OTHER CHARITABLE ORGANIZATIONS
    4 IN THE ATHENS, GA. AREA TO BETTER THE LIVES
    8 OF THE PEOPLE THEY SERVE.
    11 THESE FUNDS ARE DISTRIBUTED TO VARIOUS RELIGIOUS, ACADEMIC,
    12 HEALTHCARE, HOMELESS, AND OTHER ORGANIZATIONS TO BETTER THE
    13 LIVES OF THE PEOPLE THEY SERVE IN THE ATHENS, GA. AREA.
    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: 18007340
    Software Version: 19.1.1.0


    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
    LONNIE L MICHAEL FOUNDATION
     
    Employer identification number

    20-6005600
    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
    LONNIE L MICHAEL FOUNDATION
          		Employer identification number
    20-6005600
    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
     
     
     
     

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    LONNIE L MICHAEL FOUNDATION
          		Employer identification number

    20-6005600
    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
    LONNIE L MICHAEL FOUNDATION
          		Employer identification number

    20-6005600
    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: 18007340
    Software Version: 19.1.1.0

    TY 2018 AccountingFeesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HORTON BUSINESS SERVICES 4,500      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    MAC COMPUTER 2010-09-14 2,391 2,390 200DB 0000000005.000000000000        
    PEACH MAC COMPUTER 2013-11-29 926 832 200DB 0000000005.000000000000        
    PEACH MAC COMPUTER 2014-12-01 939 778 200DB 0000000005.000000000000        
    MAC COMPUTER 2018-02-12 1,359   200DB 0000000005.000000000000 1,359      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    84 ACTIVISION BLIZZARD 2018-09 P 2018-10   6,535 6,707     -172  
    112 ADOBE SYS 2018-02 P 2018-10   25,703 23,725     1,978  
    161 AIR PRODUCTS 2017-09 P 2018-06   25,779 25,456     323  
    15 ALCOA 2017-12 P 2018-01   7,902 7,622     280  
    17 ALPHABET INC 2018-07 P 2018-10   19,244 19,158     86  
    462 AMARIN CORP 2018-09 P 2018-10   8,931 6,866     2,065  
    17 AMAZON 2017-11 P 2018-10   28,499 27,641     858  
    34 AMGEN 2018-07 P 2018-10   6,460 6,616     -156  
    151 ANALOG 2017-08 P 2018-02   13,667 12,783     884  
    175 APPLE 2018-04 P 2018-11   34,459 32,526     1,933  
    250 APPLIED MATERIALS 2017-08 P 2018-02   13,034 11,605     1,429  
    943 BOA 2018-08 P 2018-12   26,469 26,754     -285  
    53 BECTON DICKINSON 2018-02 P 2018-10   12,238 11,854     384  
    131 BOEING 2018-06 P 2018-10   45,108 36,192     8,916  
    53 BOSTON PROPERTIES 2018-06 P 2018-08   6,878 6,608     270  
    87 BROADCOM 2018-06 P 2018-10   20,014 20,990     -976  
    197 BURLINGTON STORES 2018-02 P 2018-11   28,252 26,319     1,933  
    121 CBOE GLOBAL MKTS 2017-06 P 2018-02   13,724 12,108     1,616  
    187 CSX 2018-08 P 2018-10   13,307 13,249     58  
    72 CAMDEN PROPERTY TR 2018-06 P 2018-08   6,832 6,645     187  
    191 CATERPILLAR 2017-09 P 2018-04   27,704 25,849     1,855  
    272 CHEVRON 2018-08 P 2018-12   30,786 32,869     -2,083  
    96 CHILDRENS PLACE 2018-08 P 2018-09   12,290 13,383     -1,093  
    116 CIMAREX ENERGY 2017-09 P 2018-02   12,216 12,898     -682  
    310 CISCO 2018-02 P 2018-04   12,758 13,595     -837  
    157 CITIGROUP 2018-07 P 2018-12   9,583 11,279     -1,696  
    77 CUMMINS 2017-08 P 2018-02   12,649 12,106     543  
    205 DXC TECH 2017-11 P 2018-06   19,161 18,513     648  
    193 DEERE 2017-11 P 2018-07   29,162 29,701     -539  
    212 DIAMONDBACK ENERGY 2017-11 P 2018-06   24,931 25,557     -626  
    127 DISNEY 2018-02 P 2018-04   12,811 13,590     -779  
    124 EOG RESOURCES 2017-11 P 2018-02   13,467 12,959     508  
    115 EASTMAN 2017-07 P 2018-06   11,760 10,880     880  
    237 ENERGEN CORP 2018-04 P 2018-11   16,449 15,961     488  
    383 EXXON MOBIL 2018-01 P 2018-12   28,803 31,443     -2,640  
    102 FACEBOOK 2017-09 P 2018-07   18,109 17,250     859  
    27 FEDEX 2018-05 P 2018-06   6,069 6,571     -502  
    160 GOLDMAN SACHS 2018-02 P 2018-11   36,791 39,402     -2,611  
    176 HOME DEPOT 2018-04 P 2018-11   32,833 29,747     3,086  
    187 HONEYWELL 2018-02 P 2018-12   27,343 28,068     -725  
    85 ILLINOIS TOOL 2018-04 P 2018-06   12,065 13,253     -1,188  
    278 INTEL 2018-02 P 2018-04   13,726 13,974     -248  
    915 INVESCO 2018-06 P 2018-12   156,970 156,684     286  
    1604 ISHARES 2018-03 P 2018-07   194,790 195,539     -749  
    573 ISHARES 2018-05 P 2018-11   93,378 92,179     1,199  
    241 J P MORGAN 2018-01 P 2018-12   26,049 24,998     1,051  
    133 LAM RESEARCH 2017-11 P 2018-04   26,238 26,754     -516  
    151 ELI LILLY 2017-09 P 2018-01   12,402 12,222     180  
    40 LOCKHEED 2017-08 P 2018-06   12,214 12,197     17  
    208 MARATHON PETRO 2018-04 P 2018-07   15,411 15,591     -180  
    134 MASTEC 2017-12 P 2018-04   6,185 6,680     -495  
    14 MCDONALDS 2017-05 P 2018-05   2,241 2,032     209  
    94 MERCK 2018-07 P 2018-08   6,461 5,864     597  
    244 MICROSOFT 2017-11 P 2018-10   24,764 21,054     3,710  
    182 MICRON TECH 2018-05 P 2018-06   9,856 9,928     -72  
    515 MORGAN STANLEY 2018-02 P 2018-12   23,644 26,529     -2,885  
    32 NEXTERA 2018-04 P 2018-05   5,237 5,185     52  
    94 NORFOLK SO 2018-07 P 2018-10   16,412 16,066     346  
    104 NORTHROP GRUMMAN 2018-04 P 2018-10   31,502 31,841     -339  
    29 NVIDIA 2018-02 P 2018-03   6,911 6,710     201  
    323 OCCIDENTAL PETE 2018-04 P 2018-10   24,253 24,743     -490  
    38.5 PERSPECTA 2018-04 P 2018-06   903 1,003     -100  
    152 PHILLIPS 66 2018-04 P 2018-07   16,985 16,046     939  
    36 PIONEER 2018-04 P 2018-06   6,997 6,586     411  
    415 prologis 2018-04 P 2018-08   26,307 25,487     820  
    54 prooffpoint 2018-04 P 2018-06   6,352 6,575     -223  
    1410 proshares trust 2018-08 P 2018-08   48,874 50,113     -1,239  
    121 PRUDENTIAL 2018-02 P 2018-03   12,430 13,555     -1,125  
    538 QUALCOM 2017-11 P 2018-10   34,442 36,364     -1,922  
    353 REP PERMIAN 2017-12 P 2018-02   13,008 12,966     42  
    49 RALPH LAUREN 2018-10 P 2018-11   5,772 6,448     -676  
    94 RAYTHEON 2018-04 P 2018-08   18,419 19,797     -1,378  
    56 RED HAT INC 2018-04 P 2018-06   8,271 9,124     -853  
    7 RESIDEO TECH 2018-10 P 2018-10   158 204     -46  
    231 ROYAL DUTCH SHELL 2017-12 P 2018-12   14,732 15,086     -354  
    2321 SPDR SP 2018-04 P 2018-12   615,102 625,816     -10,714  
    382 SPDR S7P RETAIL 2018-08 P 2018-09   19,629 19,984     -355  
    647 SPDR DOW JONES 2018-10 P 2018-12   160,235 162,770     -2,535  
    251 SALESFORCE.COM 2018-02 P 2018-12   32,058 32,517     -459  
    114 SAP SE-SPONSORED ADR 2017-10 P 2018-01   12,554 12,876     -322  
    331 SCHLUMBERGER LTD 2018-08 P 2018-08   22,693 22,534     159  
    155 SELECT SECTOR 2018-06 P 2018-07   12,867 13,199     -332  
    379 SELECT SECTOR 2018-06 P 2018-07   19,438 19,598     -160  
    382 ENERGY SELECT 2018-04 P 2018-06   28,404 26,248     2,156  
    2549 INDUSTRIAL SELECT 2018-07 P 2018-12   187,899 186,102     1,797  
    377 SELECT SECTOR UTIL 2018-06 P 2018-08   20,177 19,618     559  
    83 SERVICENOW 2018-04 P 2018-10   14,031 15,208     -1,177  
    63 SPLUNK 2018-04 P 2018-06   6,448 6,598     -150  
    125 STANLEY BLACK DECKER 2017-10 P 2018-04   18,436 19,268     -832  
    184 SUNTRUST 2018-07 P 2018-09   12,596 13,288     -692  
    312 TJX COS 2018-04 P 2018-11   18,149 16,264     1,885  
    189 TEXAS INST 2017-11 P 2018-06   20,846 19,560     1,286  
    57 THERMO FISHER 2018-04 P 2018-10   13,286 12,296     990  
    116 3M 2018-08 P 2018-10   23,439 24,198     -759  
    55 UPS 2018-02 P 2018-04   6,436 6,784     -348  
    115 UNITED RENTALS 2018-02 P 2018-04   18,806 20,120     -1,314  
    193 U S STEEL 2017-12 P 2018-01   7,147 6,670     477  
    260 UNITED TECH 2018-02 P 2018-12   31,698 32,769     -1,071  
    62 UNITEDHEALTH GRP 2018-02 P 2018-10   15,297 14,137     1,160  
    87 VALERO 2018-05 P 2018-06   9,580 9,950     -370  
    1450 VANECK VECTORS 2018-02 P 2018-03   31,092 33,465     -2,373  
    147 VMEARE 2018-04 P 2018-12   21,483 21,881     -398  
    65 WALMART 2017-11 P 2018-02   5,912 6,442     -530  
    163 WASTE MGMT 2018-02 P 2018-04   13,643 13,449     194  
    51 WYNN RESORTS 2018-05 P 2018-06   9,258 10,089     -831  
    95 XILINX 2018-04 P 2018-05   6,377 6,630     -253  
    156 ZOETIS INC 2018-04 P 2018-10   13,705 13,431     274  
    127 DELPHI TECH 2017-12 P 2018-02   6,180 6,834     -654  
    196 EATON CORP 2018-04 P 2018-10   14,699 16,017     -1,318  
    280 INGERSOLL 2018-02 P 2018-10   25,041 27,229     -2,188  
    149 APTIV PLC 2017-05 P 2018-04   12,606 11,813     793  
    178 LYONDELLBASELL 2018-04 P 2018-10   18,404 19,383     -979  
    101 BROADCOM LTD 2017-08 P 2018-03   24,281 26,218     -1,937  
    191 VANECK VECTORS 2018-05 P 2018-06   21,048 19,720     1,328  
    183 ABBVIE 2017-03 P 2018-03   17,468 11,977     5,491  
    124 AMEX 2016-10 P 2018-10   12,374 9,253     3,121  
    97 APPLE 2016-09 P 2018-03   16,235 11,334     4,901  
    100 BOA 2017-08 P 2018-10   2,830 2,455     375  
    179 CITIGROUP 2016-11 P 2018-11   12,207 11,278     929  
    8 EASTMAN 2017-03 P 2018-04   834 629     205  
    2 FACEBOOK 2017-03 P 2018-03   333 277     56  
    9 HOME DEPOT 2016-09 P 2018-04   1,678 1,151     527  
    29 HONEYWELL 2016-09 P 2018-06   4,180 3,780     400  
    24 MCDONALDS 2017-05 P 2018-08   3,770 3,483     287  
    25 NORTHROP GRUMMAN 2017-05 P 2018-06   7,808 6,412     1,396  
    71 ROYAL DUTCH SHELL 2017-11 P 2018-12   4,352 4,581     -229  
    3 3M 2017-04 P 2018-04   586 590     -4  
    67 LYONDELLBASELL 2016-10 P 2018-06   7,109 5,527     1,582  
    33 MICROSOFT 2013-10 P 2018-03   2,948 1,149     1,799  
    2 3M 2013-08 P 2018-03   440 240     200  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    63 shares of 63 AMERICAN EXPRESS 6,358 6,005
    65 shares of 65 AMGEN INC 12,859 12,653
    28 shares of 28 BECTON DICKINSON CO 6,690 6,309
    117 shares of DISNEY WALT CO 13,565 12,829
    112 shares of ELI LILLY CO 13,081 12,961
    100 shares of JOHNSON JOHNSON 13,264 12,905
    73 shares of MCDONALDS CORP 12,893 12,963
    195 shares of MERCK CO NEW 12,693 14,900
    119 shares of MICROSOFT CORP 13,022 12,087
    80 shares of NESTERA ENERGY INC 13,068 13,906
    332 shares of PFIZER INC 13,272 14,492
    77 shares of SIMON PROPERTY GROUP 13,391 12,935
    140 shares of TRACTOR SUPPLY CO 13,031 11,681
    25 shares of UNITEDHEALTH GROUP 5,613 6,228

    TY 2018 InvestmentsOtherSchedule2
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PENLEY PAINTING AT COST 5,000 10,000
    PENLEY PAINTING AT COST 5,000 10,000

    TY 2018 LandEtcSchedule2
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    MAC COMPUTER 2,391 2,390 1 500
    PEACH MAC COMPUTER 927 927   300
    PEACH MAC COMPUTER 939 893 46 300
    MAC COMPUTER 1,359 1,359 1,359 1,000


    TY 2018 LegalFeesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2018 LoansFromOfficersSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0

    Item No. 1
    Lender's Name L MICHAEL
    Lender's Title TRUSTEE
    Original Amount of Loan 753
    Balance Due  
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower NA
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2018 OtherAssetsSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value


    TY 2018 OtherDecreasesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Amount
    ADJUSTMENTS 45,171


    TY 2018 OtherExpensesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 162      
    VERIZON 240      
    MISC 361      
    BANK SERVICE CHARGE 18      


    TY 2018 OtherIncomeSchedule2
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CAPITAL GAINS DISTRIBUTIONS   36  
    UNRECAPTURES SEC 1250 GAIN   10  
    NON DIVIDEND DISTRIBUTION   38  
    SECTION 199A DIVIDENDS   335  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 6,651      


    TY 2018 TaxesSchedule
    Name:
    LONNIE L MICHAEL FOUNDATION
    EIN:
    20-6005600
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 106      
    PAYROLL TAXES 4,234      
    STATE TAXES 145