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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 09-01-2017 , and ending 08-31-2018
Name of foundation
WK Kellogg Foundation Trust - No 5315
 
Number and street (or P.O. box number if mail is not delivered to street address)ONE MICHIGAN AVE EAST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BATTLE CREEK, MI49017
A Employer identification number

36-6030614
B Telephone number (see instructions)

(269) 968-1611
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,193,071,539J 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... 175,346,158 212,822,721  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 230,966,935
b Gross sales price for all assets on line 6a 1,091,860,284
7 Capital gain net income (from Part IV, line 2)... 303,616,974
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment 0 7,835,294 0
12 Total. Add lines 1 through 11........ 406,313,093 524,274,989 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,398,375 3,946,473 0 439,838
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 586,099 584,313 0 0
b Accounting fees (attach schedule)....... Click to see attachment 118,363 82,775 0 0
c Other professional fees (attach schedule).... Click to see attachment 7,434,984 7,428,016 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,576,649 2,174,402 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 330,792 296,805 0 33,079
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,799,525 27,838,542 0 322,920
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,244,787 42,351,326 0 795,837
25 Contributions, gifts, grants paid....... 370,000,000 370,000,000
26 Total expenses and disbursements. Add lines 24 and 25 400,244,787 42,351,326 0 370,795,837
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,068,306
b Net investment income (if negative, enter -0-) 481,923,663
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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......... 36,145,787 120,019,316 120,019,316
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 170,632,043 Click to see attachment120,098,540 120,098,540
b Investments—corporate stock (attach schedule)....... 5,115,753,994 Click to see attachment5,268,911,456 5,268,911,456
c Investments—corporate bonds (attach schedule)....... 916,003 Click to see attachment40,599,044 40,599,044
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,375,984,287 Click to see attachment2,603,814,713 2,603,814,713
14 Land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
15 Other assets (describe bullet) Click to see attachment121,660,704 Click to see attachment39,628,470 Click to see attachment39,628,470
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,821,092,818 8,193,071,539 8,193,071,539
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet) Click to see attachment96,790,078 Click to see attachment105,809,203
23 Total liabilities (add lines 17 through 22)......... 96,790,078 105,809,203
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,724,302,740 8,087,262,336
30 Total liabilities and net assets/fund balances (see instructions). 7,821,092,818 8,193,071,539
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,724,302,740
2
Enter amount from Part I, line 27a .....................
2
6,068,306
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
356,891,290
4
Add lines 1, 2, and 3 ..........................
4
8,087,262,336
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,087,262,336
Form 990-PF (2019)
Form 990-PF (2019)
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 PARTNERSHIP & ALTERNATIVE INVESTMENTS      
b KELLOGG COMPANY STOCK      
c PUBLICLY TRADED SECURITIES      
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 424,923,850   296,174,053 128,749,797
b 133,857,906   2,597,661 131,260,245
c 533,078,528   489,471,596 43,606,932
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     0 128,749,797
b     0 131,260,245
c     0 43,606,932
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 2 303,616,974
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 0
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))
2018 383,918,837 7,645,277,808 0.050216
2017 386,242,261 7,798,556,155 0.049527
2016 363,497,870 7,382,575,019 0.049237
2015 361,008,867 7,250,615,525 0.049790
2014 300,423,876 7,314,050,456 0.041075
2
Total of line 1, column (d) .....................
2
0.239845
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
0.047969
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
7,570,502,833
5
Multiply line 4 by line 3......................
5
363,149,450
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,819,237
7
Add lines 5 and 6........................
7
367,968,687
8
Enter qualifying distributions from Part XII, line 4,.............
8
370,795,837
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 (2019)
Form 990-PF (2019)
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 4,819,237
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 4,819,237
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 4,819,237
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 4,043,084
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,500,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,543,084
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 723,847
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet723,847 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletCA, CO, FL, GA, AL, HI, IL, IN, LA, ME, MD, MI, MS, NM, NY, NC, OK, AZ, TN, UT, WV
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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 Click to see list of attachments.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.wkkf.org
    14
    The books are in care ofbulletTHE NORTHERN TRUST COMPANY Telephone no.bullet (312) 444-5615

    Located atbulletPO BOX 803878CHICAGOIL ZIP+4bullet60680
    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 2019, 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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletUK
    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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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). Click to see attachment
    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
    LA JUNE MONTGOMERY TABRON TRUSTEE
    2.000     		0 0 9,376
    ONE MICHIGAN AVENUE EAST
    BATTLE CREEK,MI49017
    JOHN A BRYANT (through 3152018) TRUSTEE
    2.000     		0 0 5,079
    ONE KELLOGG SQUARE
    BATTLE CREEK,MI49016
    RODERICK GILLUM TRUSTEE
    2.000     		50,000 0 9,376
    ONE MICHIGAN AVENUE EAST
    BATTLE CREEK,MI49017
    THE NORTHERN TRUST COMPANY CORPORATE TRUSTEE
    40.000     		4,348,375 0 0
    50 South LaSalle St B10
    Chicago,IL606031006
    STEVEN A CAHILLANE (as of 3152018) Trustee
    2.000     		0 0 4,297
    One Kellogg Square
    Battle Creek,MI49016
    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 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    THE NORTHERN TRUST COMPANY INVESTMENT ADVISORY/CUSTODIAN 869,675
    50 SOUTH LASALLE ST B10
    CHICAGO,IL606031006
    SIDLEY AUSTIN LLP LEGAL ADVISORY 580,590
    ONE SOUTH DEARBORN
    CHICAGO,IL60603
    GARGOYLE INVESTMENT ADVISOR LLC FINANCIAL/INVESTMENT ADVISORY 427,364
    ONE PATRIOT CENTRE
    285 GRAND AVENUE
    ENGLEWOOD,NJ07631
    CAMBRIDGE ASSOCIATES LLC INVESTMENT ADVISORY 409,500
    125 HIGH STREET
    BOSTON,MA02110
    AKSIA LLC INVESTMENT ADVISORY 300,000
    599 Lexington Avenue 37TH fLOOR
    NEW York,NY10022
    Total number of others receiving over $50,000 for professional services.............bullet7
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    6,411,953,618
    b
    Average of monthly cash balances.......................
    1b
    100,587,288
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,173,248,772
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,685,789,678
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) Click to see attachment.............
    1e
    391,716,156
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    7,685,789,678
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    115,286,845
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,570,502,833
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    378,525,142
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    378,525,142
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    4,819,237
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
    56,628
    c
    Add lines 2a and 2b............................
    2c
    4,875,865
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    373,649,277
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    373,649,277
    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
    373,649,277
    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
    370,795,837
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    370,795,837
    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
    4,819,237
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    365,976,600
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 373,649,277
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 22,472,894
    b Total for prior years:20, 20, 2013 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 370,795,837
    a Applied to 2018, but not more than line 2a 22,472,894
    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 2019 distributable amount..... 348,322,943
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019.   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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		25,326,334
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		0 0 0   0
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		        0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		0 0 0 367,224,536 367,224,536
    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 (2019)
    Form 990-PF (2019)
    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
    WK KELLOGG FOUNDATION
    ONE MICHIGAN AVENUE EAST
    BATTLE CREEK,MI49017     		NONE PF FUNDING THE FOUNDATION'S CHARITABLE ACTIVITIES 370,000,000
    Total .................................bullet 3a 370,000,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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....     14 175,346,158  
    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 ............     		    18 230,966,935  
    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).. 0 406,313,093 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    406,313,093
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID: 17005876
    Software Version: 2017v2.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 118,363 82,775 0 0

    TY 2017 GeneralExplanationAttachment
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Identifier Return Reference Explanation
    States to which the Trust reports or with which it is registered Form 990-PF, Part VII, Section A Line8b The W.K. Kellogg Foundation Trust ("Trust") provides a copy of its Form 990-PF to the Attorney General of Michigan and Illinois. The Trust reports income and deductions from partnership investments as Unrelated Business Taxable Income ("UBTI") on Form 990-T. These partnerships have communicated the amount of state UBTI via Schedule K-1 footnotes or other detailed schedules provided, and therefore the Trust files a state tax return and copy of the Form 990-T in Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Indiana, Illinois, Louisiana, Maryland, Maine, Massachusetts, Michigan, Minnesota, Mississippi, New Mexico, New York, North Carolina, Oklahoma, Rhode Island, Tennessee, Utah, and West Virginia. These states do not require a copy of the Form 990-PF to be filed with the state Attorney General.
    Contributions to Preselected Charitable Organizations Form 990-PF, Part XV, Line 2a Under the terms of the agreement ("Agreement") creating Trust 5315 (a/k/a W.K. Kellogg Foundation Trust), all income is paid to the W.K. Kellogg Foundation, a Michigan nonprofit corporation, whose address is One Michigan Avenue East, Battle Creek, Michigan 49017. The W.K. Kellogg Foundation is a private foundation exempt from tax under Section 501(c)(3) of the Internal Revenue Code.
    Expenditure Responsibility Form 990-PF, Part VII, Section B Line5 c Under the terms of the agreement ("Agreement") creating Trust 5315 (a/k/a W.K. Kellogg Foundation Trust), all income is paid to the W.K. Kellogg Foundation, a Michigan nonprofit corporation, whose address is One Michigan Avenue East, Battle Creek, Michigan 49017. The W.K. Kellogg Foundation is a private foundation exempt from tax under Section 501(c)(3) of the Internal Revenue Code. During the fiscal year ended August 31, 2018, 19 payments in the aggregate amount of $370,000,000 were made from Trust 5315 to the W.K. Kellogg Foundation on the dates in the amounts set forth below: 09/06/2017 -- 20,000,000 09/27/2017 -- 20,000,000 10/04/2017 -- 17,000,000 10/30/2017 -- 30,000,000 12/04/2017 -- 10,000,000 12/18/2017 -- 30,000,000 01/17/2018 -- 18,000,000 02/06/2018 -- 12,000,000 02/12/2018 -- 20,000,000 03/07/2018 -- 14,000,000 03/19/2018 -- 36,000,000 04/16/2018 -- 14,000,000 04/24/2018 -- 10,000,000 04/30/2018 -- 13,000,000 05/16/2018 -- 10,000,000 06/01/2018 -- 26,000,000 06/15/2018 -- 35,000,000 07/03/2018 -- 20,000,000 07/27/2018 -- 15,000,000 --------------------------------- TOTAL -- $370,000,000 Pursuant to the terms of the Agreement, the funds distributed from Trust 5315 ("the Trust") to the W.K. Kellogg Foundation (the "Foundation") are used exclusively for those charitable purposes set forth in the Articles of Association of the Foundation. In order for the Foundation to remain eligible to receive distributions from the Trust, the Foundation is required to comply with a number of conditions. These conditions include submission of reports and a prohibition against diversion of the funds of the Foundation for any other purpose other than charitable. The Trustees of the Foundation meet at least monthly and submit to the Trustees of the Trust a copy of the minutes of each meeting of the Trustees together with copies of the minutes of the committees of the Board of Trustees and bi-monthly reports of the President, Secretary and Treasurer of the Foundation. The Foundation also submits to the Trustees of the Trust an annual audit and an annual report, and has submitted a report dated July 8, 2019, including attachments, further detailing its redistribution of amounts received from the Trust. These reports, collectively, reflect the expenditure by the Foundation exclusively for its charitable purposes of all funds received by it from the Trust. As of August 31, 2018, the Foundation has expended all funds received by it from the Trust for the fiscal year ended August 31, 2017, and has expended $270,742,220 of the funds received by it from the Trust during the fiscal year ended August 31, 2018. Pursuant to Treas. Reg. 53.4945-5(b)(2), the Trustees of the Trust have verified that the Foundation has complied with the terms and conditions of the Agreement. Also, the Trustees of the Trust obtain written commitments by the Foundation which satisfy Treas. Reg. 53.4945-5(b)(3). To the knowledge of the Trustees of the Trust, there has been no diversion of any portion of the funds paid from the Trust to the Foundation from the charitable purposes specified for such funds.
    List of Officers, Directors and Trustees Form 990-PF, Part VIII, Line 1 During the fiscal year ended August 31, 2018, Roderick Gillum also served as a trustee of the W. K. Kellogg Foundation ("Foundation") and La June Montgomery Tabron also served as President and CEO of the Foundation, and as a trustee of the Foundation.
    Expense account, other allowances Form 990-PF, Part VIII, Line 1 The amounts shown in column (e) are the compensatory portion of the D&O liability premium for each individual trustee. This amount is included in the Insurance expense on Part I, line 23.
    Compensation Form 990-PF, Part VIII, Line 1 La June Montgomery Tabron, John A. Bryant, and Steven A. Cahillane did not receive compensation from the Trust for services performed during the year ended August 31, 2018.
    Reduction claimed for blockage Form 990-PF, Part X, Line 1e During the fiscal year ended August 31, 2018 the W.K. Kellogg Foundation Trust ("Trust") owned in excess of 65 million shares of the common stock of Kellogg Company (the "Company") with a monthly average total value of shares held for the Trust's tax year of approximately $4.4 billion before blockage discount. The percentage of outstanding common stock of the Company which the Trust held during the fiscal year amounted to approximately 19-20%. The fair market value of the stock before any reduction and the amount of discount (in connection with application of the maximum 10% provided in Section 4942(e)(2)(b) of the Internal Revenue Code) is supported by an independent valuation from William Blair & Company, LLC dated October 10, 2018. The claimed discount is appropriate in valuing the Trust's shares in the Company because the shares do not represent voting control of the Company and various factors affect the influence of an approximate 19-20% block of shares. Due to the size of the block of shares, the maximum proceeds for this size block of Company shares is viewed by the valuation specialist to be through underwritten secondary offerings. The monthly blockage discount for the tax year was approximately 8.8%. Total Reduction Claimed for Blockage: $391,716,156
    Transactions with controlled entity within the meaning of section 512(b)(13) Form 990-PF, Part VII, Section A Line11 C-III RECOVERY FUND II CO-INVESTMENT II (NY2) LP: (237,978) Net income/(loss) per Schedule K-1* GSA DIVERSIFIED ALTERNATIVES FUND LP: 2,621,381 Net income/(loss) per Schedule K-1* (35,000,000) Capital contributed during the year per Schedule K-1 ---------------- (32,378,619) Net transfer (to)/from controlled entity LIV Mexico Growth Fund IV LP: (225,116) Net income/(loss) per Schedule K-1* (1,187,020) Capital contributed during the year per Schedule K-1 ---------------- (1,412,136) Net transfer (to)/from controlled entity AVANZ EM PARTNERSHIPS FEEDER SPC: 504,695 Distributions received (return of capital, realized gain/(loss), and other income) (4,287,756) Capital contributed during the year ---------------- (3,783,061) Net transfer (to)/from controlled entity STANDARD RENEWABLES HOLDINGS LTD: No transfers (to)/from controlled entity STANDARD BROADCASTING III LTD: 3,128,059 Liquidation proceeds *Net income/(loss) per Schedule K-1 includes: net rental real estate income/(loss), interest income, dividend income, gain/(loss) from trading activities, other/portfolio income, portfolio deductions, investment interest expenses, and foreign tax expense.

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate Bonds 40,599,044 40,599,044

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Kellogg Company Stock 4,733,246,650 4,733,246,650
    Other Corporate Stock 535,664,806 535,664,806

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    US Government Securities - End of Year Book Value:

    120,098,540
    US Government Securities - End of Year Fair Market Value:

    120,098,540
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2017 InvestmentsOtherSchedule2
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Private Equity Funds FMV 739,018,107 739,018,107
    Real Estate Funds FMV 130,829,002 130,829,002
    Hedge Funds FMV 845,842,571 845,842,571
    Commingled Funds FMV 888,125,033 888,125,033

    TY 2017 LegalFeesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 586,099 584,313 0 0


    TY 2017 OtherAssetsSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Accrued Interest & Dividends 37,758,165 37,592,514 37,592,514
    Receivable on Unsettled Trades 83,902,539 0 0
    Excise tax receivable 0 2,035,956 2,035,956


    TY 2017 OtherExpensesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 187,526 168,259 0 18,753
    Line of Credit Fees 304,167 0 0 304,167
    Reimbursed Salaries & Benefits 4,658,130 4,587,476 0 0
    Software & Maintenance 234,472 233,757 0 0
    Memberships & Subscriptions 299,931 299,017 0 0
    Other Investment Expenses 84,178 83,922 0 0
    Other Expenses - Partnerships & Alternative Investments 1,031,121 22,466,111 0 0


    TY 2017 OtherIncomeSchedule2
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Income from Partnerships 0 7,835,294  


    TY 2017 OtherIncreasesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Description Amount
    CHANGE IN UNREALIZED GAINS ON INVESTMENTS 356,891,290


    TY 2017 OtherLiabilitiesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Excise Tax Liability 96,687,167 105,281,979
    Payable to W.K. Kellogg Foundation 102,911 527,224


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 5,148,924 5,148,924 0 0
    Consulting Fees 1,279,267 1,275,368 0 0
    Custodial Fees 1,006,793 1,003,724 0 0


    TY 2017 ReductionExplanationStatement
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Explanation:
    Description : Reduction Claimed for Blockage, Percent : 9, FMV : 4460638415, Amount Disclaimed : XXX-XX-XXXX, Explanation : See Part X, line 1e Supplemental information statement;

    TY 2017 TaxesSchedule
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Current & Deferred Excise Tax 10,576,649 0 0 0
    Partnerships & Alternative Investments Taxes 0 2,174,402 0 0


    TY 2017 TransfersFrmControlledEntities
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Name US /
    Foreign Address    		 EIN Description Amount
    C-III RECOVERY FUND II CO-INVESTMENT II (NY2) LP 5221 N OCONNOR BLVD SUITE 800
    IRVING,TX75039     		32-0496111 Loss per K-1; SEE SUPPLEMENTAL INFORMATION 237,978
    STANDARD RENEWABLES HOLDINGS LTD C/O WALTER CORPORATE LIMITED
    CAYMAN CORPORATE CTR 27 HOSPITAL RD
    GEORGE TOWN,GRAND CAYMANKY19005
    CJ     		98-1194824 N/A 0
    STANDARD BROADCASTING III LTD C/O WALKER CORPORATE LIMITED
    CAYMAN CORPORATE CTR 27 HOSPITAL RD
    GEORGE TOWN,GRAND CAYMANKY19005
    CJ     		98-1120696 SEE SUPPLEMENTAL INFORMATION 3,128,059
    Total      

    TY 2017 TransfersToControlledEntities
    Name:
    WK Kellogg Foundation Trust - No 5315
    EIN:
    36-6030614
    Software ID:
    17005876
    Software Version:
    2017v2.2
    Name US /
    Foreign Address    		 EIN Description Amount
    GSA DIVERSIFIED ALTERNATIVES FUND LP C/O QUINTILLION LIMITED
    24-26 CITY QUAY
    DUBLIN   2
    EI     		36-4838002 SEE SUPPLEMENTAL INFORMATION 32,378,619
    LIV MEXICO GROWTH FUND IV LP 155 Wellington Street West
    Toronto,Ontario  
    CA     		26-0257407 SEE SUPPLEMENTAL INFORMATION 1,412,136
    AVANZ EM PARTNERSHIPS FEEDER SPC 3 BETHESDA METRO CENTRE SUITE 700
    BETHESDA,MD20814     		98-1107923 SEE SUPPLEMENTAL INFORMATION 3,783,061
    Total