Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE SAMUEL EPSTEIN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)116 ALLEGHENY CENTER MALL P8YB3502L
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15212
A Employer identification number

25-6311365
B Telephone number (see instructions)

(412) 768-9969
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$2,967,786J 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      
4 Dividends and interest from securities... 61,335 61,335  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 486,525
b Gross sales price for all assets on line 6a 4,244,066
7 Capital gain net income (from Part IV, line 2)... 486,525
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 547,860 547,860  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,439 15,720   15,720
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,159 27   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 350 350    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,948 16,097 0 15,720
25 Contributions, gifts, grants paid....... 124,220 124,220
26 Total expenses and disbursements. Add lines 24 and 25 157,168 16,097 0 139,940
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 390,692
b Net investment income (if negative, enter -0-) 531,763
c Adjusted net income (if negative, enter -0-)... 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......... 103,604 116,032 116,032
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 654,000 0  
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).......... 2,102,674 Click to see attachment3,134,935 2,851,754
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,860,278 3,250,967 2,967,786
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..................    
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........ 2,853,567 3,250,967
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 6,711  
30 Total net assets or fund balances (see instructions)..... 2,860,278 3,250,967
31 Total liabilities and net assets/fund balances (see instructions). 2,860,278 3,250,967
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
2,860,278
2
Enter amount from Part I, line 27a .....................
2
390,692
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,250,970
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,250,967
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 187. BAXTER INTERNATIONAL INC   2016-08-15 2018-01-03
b 59. BAXTER INTERNATIONAL INC   2017-08-16 2018-01-03
c 1. PRUDENTIAL FINANCIAL XXX-XX-XXXX   2001-01-01 2018-01-05
d 8. ANSYS INC   2017-06-30 2018-01-26
e 5. HOME DEPOT INC COM   2016-08-15 2018-02-02
6. MOHAWK INDS INC   2016-07-28 2018-02-02
27. THOR INDUSTRIES INC   2017-02-24 2018-02-02
75. BIOVERATIV INC-W/I MERGED 03/09/18 @ $105.00 P/S   2017-10-30 2018-02-14
40. PEPSICO INC COM   2015-08-06 2018-02-20
20. MOHAWK INDS INC   2016-07-28 2018-02-22
62. PROLOGIS INC   2016-09-23 2018-02-22
106. ALLISON TRANSMISSION HOLDING   2017-01-26 2018-02-26
59. ALLISON TRANSMISSION HOLDING   2017-08-03 2018-02-26
560. AES CORP   2016-03-21 2018-03-05
159. ABBVIE INC   2015-04-22 2018-03-05
31. ABBVIE INC   2017-11-27 2018-03-05
12. ACADIA HEALTH CARE CO INC   2017-09-21 2018-03-05
211. ACADIA HEALTH CARE CO INC   2017-08-11 2018-03-05
114. ADOBE SYSTEMS INC   2013-10-25 2018-03-05
63. AGILENT TECHNOLOGIES (IPO)   2017-04-21 2018-03-05
17. ALPHABET INC/CA-CL A   2008-02-08 2018-03-05
49. ALTRIA GROUP INC   2013-10-07 2018-03-05
11. AMAZON.COM INC   2017-12-08 2018-03-05
88. AMERIPRISE FINANCIAL INC   2016-08-15 2018-03-05
92. AMGEN INC   2014-03-03 2018-03-05
22. AMGEN INC   2017-11-27 2018-03-05
67. ANALOG DEVICES INC   2017-06-13 2018-03-05
77. ANSYS INC   2017-06-30 2018-03-05
147. APPLE INC   2009-06-01 2018-03-05
22. APPLE INC   2017-04-12 2018-03-05
114. APPLIED MATERIALS INC   2016-07-19 2018-03-05
176. ARCHER DANIELS MIDLAND CO   2014-06-24 2018-03-05
1489.413 ARTISAN INTERNATIONAL FD-ADV   2011-05-16 2018-03-05
74. BOK FINL CORP NEW   2016-08-15 2018-03-05
4287.584 BAIRD MIDCAP INST   2016-04-06 2018-03-05
1349. BANCO BILBAO VIZCAYA ARGENTARIA S A   2016-08-15 2018-03-05
568. BANK OF AMERICA CORP   2016-08-15 2018-03-05
65. BAXTER INTERNATIONAL INC   2016-10-03 2018-03-05
116. BERRY GLOBAL GROUP INC   2016-08-16 2018-03-05
17. BIOGEN INC   2012-06-06 2018-03-05
237.124 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2017-09-21 2018-03-05
7743.92 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2014-10-22 2018-03-05
43.661 BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO   2017-03-21 2018-03-05
33. BOEING CO   2017-10-25 2018-03-05
24. BORG WARNER INC.   2017-10-30 2018-03-05
87. BORG WARNER INC.   2017-08-21 2018-03-05
42. BURLINGTON STORES INC   2015-04-20 2018-03-05
14. BURLINGTON STORES INC   2017-10-30 2018-03-05
120. CBRE GROUP INC   2018-02-22 2018-03-05
101. CDW CORP/DE   2014-06-20 2018-03-05
123. CAPITAL ONE FINANCIAL CORP   2017-09-28 2018-03-05
88. CARNIVAL CORP SEDOL 2523044   2016-04-13 2018-03-05
13. CARNIVAL CORP SEDOL 2523044   2017-04-10 2018-03-05
197. COCACOLA CO   2016-11-02 2018-03-05
71. COGNIZANT TECHNOLOGY SOLUTIONS   2017-08-16 2018-03-05
17. COGNIZANT TECHNOLOGY SOLUTIONS   2017-10-30 2018-03-05
221. COMCAST CORPORATION CL A   2011-05-16 2018-03-05
28. CONSTELLATION BRANDS INC CL A   2014-05-16 2018-03-05
59. CULLEN FROST BANKERS INC   2016-08-15 2018-03-05
7. CULLEN FROST BANKERS INC   2017-03-21 2018-03-05
3. CULLEN FROST BANKERS INC   2017-09-21 2018-03-05
795. XTRACKERS MSCI JAPAN HEDGED ETF   2015-04-30 2018-03-05
2313. XTRACKERS MSCI EUROPE HEDGED ETF   2015-04-30 2018-03-05
38. XTRACKERS MSCI EUROPE HEDGED ETF   2017-09-21 2018-03-05
2228. XTRACKERS MSCI EUROPE HEDGED ETF   2017-04-27 2018-03-05
100. DANAHER CORP   2016-08-15 2018-03-05
45. DANAHER CORP   2017-08-10 2018-03-05
56. DOLLAR TREE INC   2017-08-31 2018-03-05
13. DOLLAR TREE INC   2017-10-30 2018-03-05
243. DOWDUPONT INC REV SPLIT 06/03/19   2015-04-29 2018-03-05
115. EQT CORPORATION   2016-10-06 2018-03-05
12. EQT CORPORATION   2017-03-21 2018-03-05
98. FACEBOOK INC   2012-10-24 2018-03-05
85. FIRST REPUBLIC BANK/FRAN   2016-08-15 2018-03-05
89. GENERAL DYNAMICS CORP   2015-05-22 2018-03-05
165. HALLIBURTON CO   2015-08-10 2018-03-05
1447.423 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO   2012-11-02 2018-03-05
158. HOME DEPOT INC COM   2013-10-07 2018-03-05
8. HONEYWELL INTL INC   2017-03-21 2018-03-05
28. HONEYWELL INTL INC   2016-07-11 2018-03-05
21. HUNTINGTON INGALLS INDS INC   2018-02-26 2018-03-05
30. ILLINOIS TOOL WORKS INC COM   2016-06-16 2018-03-05
139. INTEL CORP   2013-07-15 2018-03-05
11. INTUITIVE SURGICAL INC   2018-02-14 2018-03-05
38. ISHARES TIPS BOND ETF   2017-09-21 2018-03-05
80. ISHARES TIPS BOND ETF   2017-03-21 2018-03-05
866. ISHARES TIPS BOND ETF   2016-08-25 2018-03-05
220. ISHARES CORE US AGGREGATE BOND ETF   2017-03-21 2018-03-05
2916. ISHARES CORE US AGGREGATE BOND ETF   2014-10-22 2018-03-05
72. ISHARES CORE US AGGREGATE BOND ETF   2017-09-21 2018-03-05
319. ISHARES MSCI EMERGING MKTS INDEX FUND   2017-11-30 2018-03-05
646. ISHARES MSCI EMERGING MKTS INDEX FUND   2017-05-31 2018-03-05
913. ISHARES MSCI EMERGING MKTS INDEX FUND   2011-05-16 2018-03-05
223. ISHARES TR S&P SMLCP VALU   2011-05-16 2018-03-05
201. ISHARES TR S&P SMLCP GROW   2014-03-14 2018-03-05
234. ISHARES MSCI EAFE SMALL-CAP ETF   2017-11-30 2018-03-05
34. ISHARES EDGE MSCI USA QUALITY FACTOR ETF   2017-04-28 2018-03-05
2079. ISHARES EDGE MSCI USA QUALITY FACTOR ETF   2016-10-03 2018-03-05
1510. ISHARES EDGE MSCI USA VALUE FACTOR ETF   2016-10-03 2018-03-05
89. J P MORGAN CHASE & CO COM   2016-08-15 2018-03-05
11. KROGER CO   2017-09-21 2018-03-05
364. KROGER CO   2017-06-13 2018-03-05
24. LAM RESEARCH CORP   2015-03-19 2018-03-05
37. LAUDER ESTEE COS INC CL A   2017-09-27 2018-03-05
21. LENNAR CORP   2017-09-21 2018-03-05
210. LENNAR CORP   2016-08-15 2018-03-05
.42 LENNAR CORP CLASS B   2017-09-21 2018-03-05
3.58 LENNAR CORP CLASS B   2016-08-15 2018-03-05
6530.207 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2013-08-28 2018-03-05
.921 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I   2017-03-21 2018-03-05
58. MARTIN MARIETTA MATLS INC   2016-08-15 2018-03-05
31. MASTERCARD INC CL A   2016-11-04 2018-03-05
8. MASTERCARD INC CL A   2017-10-30 2018-03-05
61. MCDONALDS CORP COM   2017-05-09 2018-03-05
389. MICROSOFT CORP   1996-06-17 2018-03-05
157. MICROCHIP TECHNOLOGY INC   2016-08-15 2018-03-05
1113. MITSUBISHI UFJ FINL GRP ADR   2016-08-15 2018-03-05
6. MONDELEZ INTERNATIONAL   2017-09-21 2018-03-05
215. MONDELEZ INTERNATIONAL   2011-05-16 2018-03-05
106. MORGAN STANLEY   2016-09-30 2018-03-05
123. NATIONAL FUEL GAS CO N J COM   2016-08-15 2018-03-05
51. NATIONAL FUEL GAS CO N J COM   2017-07-10 2018-03-05
16. NORTHROP GRUMMAN CORPORATION   2014-06-24 2018-03-05
116. NOVARTIS AG SPONSORED ADR   2016-08-15 2018-03-05
79. ORACLE CORP   2017-08-03 2018-03-05
157. OSHKOSH CORPORATION CLASS B   2016-08-15 2018-03-05
64. OWENS CORNING INC   2017-11-27 2018-03-05
80. PPG INDS INC COM   2015-02-27 2018-03-05
30. PPG INDS INC COM   2017-08-10 2018-03-05
37. PARKER HANNIFIN CORP   2017-04-12 2018-03-05
160. PAYPAL HOLDINGS INC-W/I   2016-08-15 2018-03-05
42. PEPSICO INC COM   2015-08-06 2018-03-05
120. PHILLIPS 66   2016-08-15 2018-03-05
71. PINNACLE FOODS INC MERGED 10/26/18 @ $43.11 P/S   2016-12-16 2018-03-05
47. PIONEER NAT RES CO   2016-08-15 2018-03-05
3. PIONEER NAT RES CO   2017-03-21 2018-03-05
12. PRICE T ROWE GROUP INC COM   2017-12-08 2018-03-05
47. PRICE T ROWE GROUP INC COM   2017-08-31 2018-03-05
25. RAYTHEON COMPANY   2014-06-24 2018-03-05
42. S&P GLOBAL INC   2014-06-24 2018-03-05
5. SECTOR SPDR TR SBI INT-TECH   2017-11-30 2018-03-05
230. SECTOR SPDR TR SBI INT-TECH   2017-04-28 2018-03-05
16. SHERWIN-WILLIAMS CO   2017-06-16 2018-03-05
39. STANLEY BLACK & DECKER INC   2017-11-01 2018-03-05
8. STRYKER CORP   2017-10-30 2018-03-05
28. STRYKER CORP   2017-03-14 2018-03-05
61. T-MOBILE US INC   2017-08-31 2018-03-05
4999.155 TEMPLETON GLOBAL BOND FUND AD FUND   2011-07-05 2018-03-05
217.762 TEMPLETON GLOBAL BOND FUND AD FUND   2017-09-21 2018-03-05
2185.965 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER   2015-01-27 2018-03-05
76. TEXAS INSTRS INC COM   2015-12-31 2018-03-05
23. THERMO ELECTRON CORP COM   2015-08-19 2018-03-05
9. THOR INDUSTRIES INC   2017-02-24 2018-03-05
25. THOR INDUSTRIES INC   2017-06-09 2018-03-05
99. TOTAL SYSTEMS SERVICES INC   2017-07-07 2018-03-05
60. TYSON FDS INC COM   2018-02-20 2018-03-05
190. UNILEVER N V N Y SHS NEW   2016-08-15 2018-03-05
7. UNITEDHEALTH GROUP INC COM   2017-06-16 2018-03-05
53. UNITEDHEALTH GROUP INC COM   2016-10-26 2018-03-05
656.231 VANGUARD TOTL BD MKT IDX-ADM   2017-09-21 2018-03-05
2224.058 VANGUARD TOTL BD MKT IDX-ADM   2017-03-22 2018-03-05
28233.145 VANGUARD TOTL BD MKT IDX-ADM   2014-10-22 2018-03-05
8799.824 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I   2016-08-05 2018-03-05
385.304 VIRTUS SEIX FLOATING RATE HIGH INCOME FUND CLASS I   2017-09-21 2018-03-05
144. WALGREENS BOOTS ALLIANCE INC   2016-08-15 2018-03-05
9.09 WELLS FARGO SPECIAL US MID CAP VALUE I   2017-09-21 2018-03-05
2088.618 WELLS FARGO SPECIAL US MID CAP VALUE I   2016-05-26 2018-03-05
3546. WISDOMTREE U.S. QUALITY DIVI ETF   2016-10-03 2018-03-05
109. YUM CHINA HOLDINGS INC -W/I   2017-04-19 2018-03-05
303. JOHNSON CTLS INTL PLC SEDOL BY7QL61   2018-01-03 2018-03-05
2. MEDTRONIC PLC SEDOL BTN1Y11   2017-09-21 2018-03-05
149. MEDTRONIC PLC SEDOL BTN1Y11   2016-08-15 2018-03-05
75. CHUBB LTD SEDOL B3BQMF6   2016-08-15 2018-03-05
92. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2017-05-26 2018-03-05
27. BROADCOM LTD EXCH 04/05/18   2017-03-23 2018-03-05
8062.377 AQR EQUITY MARKET NEUTRAL-I   2018-03-05 2018-06-11
6493.088 DIAMOND HILL LONG-SHORT FUND CL I   2018-03-05 2018-06-11
53735.197 GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I   2018-03-05 2018-06-11
150.819 AMG MANAGERS LMCG SMALL CAP GROWTH FUND   2018-03-05 2018-06-14
149.333 AB CONCENTRATED GROWTH-ADV   2018-03-05 2018-06-14
72.736 DELAWARE VALUE FUND CLASS-I   2018-03-05 2018-06-14
150.965 HOTCHKIS & WILEY M/C VALUE CL I   2018-03-05 2018-06-14
5. ISHARES TR S&P 500 INDEX FD   2018-03-05 2018-06-14
1. ISHARES TR MSCI EAFE IDX   2018-03-05 2018-06-14
332.223 LAZARD GLOBAL LISTED INFRASTRUCTURE PORTFOLIO   2018-03-05 2018-06-14
150.506 MADISON MID CAP FUND CLASS Y   2018-03-05 2018-06-14
81.486 PRINCIPAL MID CAP FUND CLASS INS   2018-03-05 2018-06-14
627.142 T ROWE PRICE REAL ESTATE FUND FD 122   2018-03-05 2018-06-14
105.459 DREYFUS INTERNATIONAL NAME CHG 06/03/19   2018-03-05 2018-06-14
92.216 TOUCHSTONE SM CAP VAL-INST   2018-03-05 2018-06-14
64.028 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705   2018-03-05 2018-06-14
356.26 WASATCH INTL OPPORTUNIT-INST   2018-03-05 2018-06-14
1. AMERICAN INTERNATIONAL GROUP INC   2001-01-01 2018-08-02
1. ST JUDE MEDICAL XXX-XX-XXXX   2001-01-01 2018-08-07
185.013 AMG MANAGERS LMCG SMALL CAP GROWTH FUND   2018-03-05 2018-09-21
279.431 AB CONCENTRATED GROWTH-ADV   2018-03-05 2018-09-21
47.818 BLACKROCK TOTAL RETURN-I   2018-03-05 2018-09-21
491.112 DELAWARE VALUE FUND CLASS-I   2018-03-05 2018-09-21
108.515 HOTCHKIS & WILEY M/C VALUE CL I   2018-03-05 2018-09-21
22. ISHARES TR S&P 500 INDEX FD   2018-03-05 2018-09-21
9.546 MFS EMERGING MARKETS DEBT FUND CLASS I   2018-03-05 2018-09-21
570.185 MADISON MID CAP FUND CLASS Y   2018-03-05 2018-09-21
78.753 METROPOLITAN WEST UNCONSTRAINED BOND FUND CLASS I   2018-03-05 2018-09-21
204.917 PRINCIPAL MID CAP FUND CLASS INS   2018-03-05 2018-09-21
268.882 PGIM HIGH YIELD FUND CLASS R6   2018-03-05 2018-09-21
142.683 DREYFUS INTERNATIONAL NAME CHG 06/03/19   2018-03-05 2018-09-21
104.646 TOUCHSTONE SM CAP VAL-INST   2018-03-05 2018-09-21
116.3 TRIBUTARY SMALL COMPANY FD INST PLUS FD 1705   2018-03-05 2018-09-21
48.864 WESTERN ASSET CORE PLUS BOND FD CLASS I FD 287   2018-03-05 2018-09-21
6448.549 DREYFUS INTERNATIONAL NAME CHG 06/03/19   2018-03-05 2018-10-24
1. NU SKIN ENTERPRISES 67018T105   2001-01-01 2018-11-23
CAPITAL GAIN 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 12,815   9,102 3,713
b 4,043   3,600 443
c 55   25 30
d 1,288   969 319
e 987   687 300
1,636   1,235 401
3,652   2,986 666
7,777   4,252 3,525
4,395   4,140 255
4,951   4,067 884
3,714   3,323 391
4,140   3,806 334
2,305   2,235 70
6,060   6,626 -566
17,992   9,718 8,274
3,508   3,153 355
472   553 -81
8,293   11,025 -2,732
23,725   8,890 14,835
4,207   3,359 848
18,311   5,087 13,224
3,089   1,709 1,380
16,367   15,037 1,330
13,235   8,546 4,689
17,274   14,210 3,064
4,131   3,744 387
6,006   5,428 578
12,447   9,330 3,117
25,778   4,383 21,395
3,858   3,175 683
6,572   3,088 3,484
7,385   7,716 -331
49,985   34,249 15,736
7,005   4,983 2,022
86,052   64,951 21,101
10,900   8,257 2,643
17,733   8,578 9,155
4,286   3,086 1,200
6,205   5,038 1,167
4,850   2,803 2,047
2,364   2,364  
77,207   79,162 -1,955
435   432 3
11,170   8,744 2,426
1,140   1,259 -119
4,132   3,869 263
5,076   2,342 2,734
1,692   1,251 441
5,516   5,445 71
7,358   3,507 3,851
11,806   10,349 1,457
5,718   4,461 1,257
845   765 80
8,613   8,326 287
5,796   5,103 693
1,388   1,281 107
8,071   4,643 3,428
6,109   2,706 3,403
6,195   4,178 2,017
735   591 144
315   274 41
32,722   31,728 994
62,704   66,534 -3,830
1,030   1,064 -34
60,400   61,498 -1,098
9,588   8,046 1,542
4,315   3,572 743
5,661   4,449 1,212
1,314   1,202 112
16,497   12,506 3,991
5,872   8,395 -2,523
613   687 -74
17,338   2,341 14,997
7,853   6,213 1,640
19,717   13,301 6,416
7,476   5,955 1,521
33,146   22,059 11,087
28,203   18,113 10,090
1,177   1,005 172
4,118   3,303 815
5,382   5,589 -207
4,709   3,233 1,476
6,702   3,365 3,337
4,556   4,428 128
4,267   4,326 -59
8,982   9,128 -146
97,233   100,682 -3,449
23,434   23,817 -383
310,605   322,205 -11,600
7,669   7,903 -234
15,175   14,785 390
30,730   27,771 2,959
43,431   35,165 8,266
33,458   16,555 16,903
34,479   24,110 10,369
15,039   14,930 109
2,830   2,491 339
173,073   139,765 33,308
125,720   98,311 27,409
10,010   5,853 4,157
304   224 80
10,046   10,998 -952
4,627   1,882 2,745
5,172   3,987 1,185
1,204   1,044 160
12,039   9,387 2,652
19   17 2
164   131 33
125,968   116,900 9,068
18   17 1
11,686   11,130 556
5,408   3,231 2,177
1,396   1,195 201
9,085   9,016 69
36,133   17,375 18,758
14,487   9,585 4,902
7,613   5,775 1,838
265   243 22
9,506   6,842 2,664
5,771   3,400 2,371
6,163   6,891 -728
2,556   2,852 -296
5,426   1,956 3,470
9,658   9,404 254
3,978   3,946 32
12,093   8,565 3,528
5,073   5,620 -547
8,825   8,581 244
3,310   3,063 247
6,401   5,901 500
12,365   6,221 6,144
4,572   4,136 436
10,952   9,472 1,480
4,016   3,717 299
7,944   8,449 -505
507   547 -40
1,314   1,235 79
5,148   3,960 1,188
5,327   2,385 2,942
7,833   3,499 4,334
337   318 19
15,506   12,509 2,997
6,237   5,614 623
5,878   6,301 -423
1,285   1,274 11
4,498   3,669 829
3,814   3,923 -109
59,090   66,689 -7,599
2,574   2,665 -91
47,370   44,159 3,211
8,136   4,646 3,490
4,669   2,993 1,676
1,067   995 72
2,963   2,588 375
8,648   5,816 2,832
4,406   4,529 -123
10,047   8,818 1,229
1,560   1,275 285
11,814   7,702 4,112
6,871   7,087 -216
23,286   23,731 -445
295,601   307,814 -12,213
76,734   75,590 1,144
3,360   3,360  
10,079   11,887 -1,808
344   346 -2
78,992   67,108 11,884
145,682   114,224 31,458
4,590   3,595 995
10,999   11,791 -792
157   160 -3
11,684   13,017 -1,333
10,583   9,442 1,141
9,252   7,216 2,036
6,640   5,919 721
94,249   98,361 -4,112
169,794   172,132 -2,338
522,843   516,395 6,448
2,802   2,570 232
5,569   5,221 348
1,616   1,574 42
6,091   5,664 427
1,406   1,351 55
71   69 2
5,292   4,930 362
1,558   1,493 65
2,321   2,207 114
17,478   16,393 1,085
1,993   1,936 57
2,569   2,438 131
1,945   1,841 104
1,293   1,254 39
107     107
12   12  
3,595   3,153 442
10,990   9,769 1,221
536   546 -10
11,497   10,628 869
4,507   4,071 436
6,506   5,945 561
133   140 -7
6,261   5,656 605
925   932 -7
6,082   5,551 531
1,460   1,463 -3
2,754   2,620 134
2,977   2,767 210
3,675   3,344 331
547   562 -15
109,883   118,395 -8,512
36   25 11
      67,175
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       3,713
b       443
c       30
d       319
e       300
      401
      666
      3,525
      255
      884
      391
      334
      70
      -566
      8,274
      355
      -81
      -2,732
      14,835
      848
      13,224
      1,380
      1,330
      4,689
      3,064
      387
      578
      3,117
      21,395
      683
      3,484
      -331
      15,736
      2,022
      21,101
      2,643
      9,155
      1,200
      1,167
      2,047
       
      -1,955
      3
      2,426
      -119
      263
      2,734
      441
      71
      3,851
      1,457
      1,257
      80
      287
      693
      107
      3,428
      3,403
      2,017
      144
      41
      994
      -3,830
      -34
      -1,098
      1,542
      743
      1,212
      112
      3,991
      -2,523
      -74
      14,997
      1,640
      6,416
      1,521
      11,087
      10,090
      172
      815
      -207
      1,476
      3,337
      128
      -59
      -146
      -3,449
      -383
      -11,600
      -234
      390
      2,959
      8,266
      16,903
      10,369
      109
      339
      33,308
      27,409
      4,157
      80
      -952
      2,745
      1,185
      160
      2,652
      2
      33
      9,068
      1
      556
      2,177
      201
      69
      18,758
      4,902
      1,838
      22
      2,664
      2,371
      -728
      -296
      3,470
      254
      32
      3,528
      -547
      244
      247
      500
      6,144
      436
      1,480
      299
      -505
      -40
      79
      1,188
      2,942
      4,334
      19
      2,997
      623
      -423
      11
      829
      -109
      -7,599
      -91
      3,211
      3,490
      1,676
      72
      375
      2,832
      -123
      1,229
      285
      4,112
      -216
      -445
      -12,213
      1,144
       
      -1,808
      -2
      11,884
      31,458
      995
      -792
      -3
      -1,333
      1,141
      2,036
      721
      -4,112
      -2,338
      6,448
      232
      348
      42
      427
      55
      2
      362
      65
      114
      1,085
      57
      131
      104
      39
      107
       
      442
      1,221
      -10
      869
      436
      561
      -7
      605
      -7
      531
      -3
      134
      210
      331
      -15
      -8,512
      11
       
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 2 486,525
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 151,045 3,128,275 0.048284
2016 151,921 2,936,906 0.051728
2015 149,367 3,082,622 0.048455
2014 166,465 3,105,517 0.053603
2013 136,076 2,900,509 0.046915
2
Total of line 1, column (d) .....................
2
0.248985
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
0.049797
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,196,282
5
Multiply line 4 by line 3......................
5
159,165
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,318
7
Add lines 5 and 6........................
7
164,483
8
Enter qualifying distributions from Part XII, line 4,.............
8
139,940
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 10,635
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 10,635
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 10,635
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,388
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,248
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,636
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 1
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 768-9969

    Located atbullet116 ALLEGHENY CENTER MALLPITTSBURGHPA ZIP+4bullet15212
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    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
    PNC BANK N A TRUSTEE
    6     		31,439    
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA15212
    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.........................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
    3,244,956
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,244,956
    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
    3,244,956
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    48,674
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,196,282
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    159,814
    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
    159,814
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,635
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,635
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    149,179
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    149,179
    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
    149,179
    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
    139,940
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    139,940
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    139,940
    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 7 149,179
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 49,446
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 139,940
    a Applied to 2017, but not more than line 2a 49,446
    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..... 90,494
    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 ..........     		58,685
    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.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOYS TOWN JERUSALEM FDN OF AMER
    1 PENN PLAZA STE 6250
    NEW YORK,NY101190002     		NONE PC GENERAL SUPPORT 12,422
    YESHIVA UNIVERSITY
    ATTN HARVEY SPOLANSKY
    ASSOCIATE DIRECTOR OF FINANCE
    NEW YORK,NY100333201     		NONE PC GENERAL SUPPORT 12,422
    JEWISH FEDERATION OF N AMERICA
    25 BROADWAY STE 1700
    NEW YORK,NY100041010     		NONE PC GENERAL SUPPORT 12,422
    JEWISH NATIONAL FUND
    ATTN CHARITABLE GIVING
    42 E 69TH ST
    NEW YORK,NY100215093     		NONE PC GENERAL SUPPORT 12,422
    AMERICAN FRIENDS OF MAGEN DAVID ADOM
    ATTN JEFF LIPKIN
    352 SEVENTH AVENUE SUITE 400
    NEW YORK,NY100015012     		NONE PC GENERAL SUPPORT 12,422
    KEREN-OR INC
    350 7TH AVE STE 701
    NEW YORK,NY100011942     		NONE PC GENERAL SUPPORT 12,422
    AMERICAN ASSOCIATION FOR
    BIKUR CHOLIM HOSP JERUSALEM INC
    35 WEST 31ST ST RM 1003
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 12,422
    HILLEL ACADEMY OF PITTSBURGH
    5685 BEACH ST
    PITTSBURGH,PA15217     		NONE PC GENERAL SUPPORT 12,422
    ISRAEL CANCER RESEARCH FUND
    52 VANDERBILT AVENUE
    NEW YORK,NY100173834     		NONE PC GENERAL SUPPORT 12,422
    NATIONAL JEWISH HEALTH
    1400 JACKSON STREET
    DENVER,CO80206     		NONE PC GENERAL SUPPORT 12,422
    Total .................................bullet 3a 124,220
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 61,335  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 486,525  
    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)..   547,860  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    547,860
    (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 InvestmentsOtherSchedule2
    Name:
    THE SAMUEL EPSTEIN FOUNDATION
    EIN:
    25-6311365
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - FIXED AT COST 799,042 769,927
    MUTUAL FUNDS - EQUITY AT COST 1,565,099 1,351,418
    ALTERNATIVE INVESTMENTS AT COST 770,794 730,409

    TY 2018 OtherDecreasesSchedule
    Name:
    THE SAMUEL EPSTEIN FOUNDATION
    EIN:
    25-6311365
    Description Amount
    ROUNDING ADJ FOR SALES AND TRANSACTIONS 3


    TY 2018 OtherExpensesSchedule
    Name:
    THE SAMUEL EPSTEIN FOUNDATION
    EIN:
    25-6311365
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MAP MANAGEMENT FEES 350 350   0


    TY 2018 TaxesSchedule
    Name:
    THE SAMUEL EPSTEIN FOUNDATION
    EIN:
    25-6311365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 27 27   0
    FEDERAL ESTIMATES - PRINCIPAL 1,132 0   0