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 07-01-2018 , and ending 06-30-2019
Name of foundation
ANNA & NATHAN FLAX FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1884
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ASHEBORO, NC27204
A Employer identification number

23-7028881
B Telephone number (see instructions)

(336) 672-2213
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$2,874,520J 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 31 31  
4 Dividends and interest from securities... 62,724 62,724  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 58,405
b Gross sales price for all assets on line 6a 199,973
7 Capital gain net income (from Part IV, line 2)... 58,405
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 50 50  
12 Total. Add lines 1 through 11........ 121,210 121,210  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,005 5,005    
c Other professional fees (attach schedule).... Click to see attachment 18,570 18,570    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 61 61    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 762 762    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,398 24,398   0
25 Contributions, gifts, grants paid....... 166,400 166,400
26 Total expenses and disbursements. Add lines 24 and 25 190,798 24,398   166,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -69,588
b Net investment income (if negative, enter -0-) 96,812
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 30,527 8,377 8,377
2 Savings and temporary cash investments......... 43,283 15,630 15,630
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 667,587 Click to see attachment588,307 1,504,364
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).......... 1,125,455 Click to see attachment1,185,023 1,346,149
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) 1,866,852 1,797,337 2,874,520
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) Click to see attachment61 Click to see attachment134
23 Total liabilities (add lines 17 through 22)......... 61 134
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,866,791 1,797,203
30 Total net assets or fund balances (see instructions)..... 1,866,791 1,797,203
31 Total liabilities and net assets/fund balances (see instructions). 1,866,852 1,797,337
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
1,866,791
2
Enter amount from Part I, line 27a .....................
2
-69,588
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,797,203
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,797,203
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 ACCENTURE P 2006-06-08 2018-09-06
b SCHLUMBERGER LTD P 2013-01-03 2018-12-31
c APPLE INC P 2011-09-29 2018-09-06
d SCHLUMBERGER LTD P 2016-01-11 2018-12-31
e ADP P 2005-10-18 2018-09-06
SCHLUMBERGER LTD P 2017-03-07 2018-12-31
CISCO SYSTEMS P 2005-10-18 2018-09-06
STERICYCLE INC P 2017-03-07 2018-12-20
HOME DEPOT P 2011-08-11 2018-09-06
AMERICAN BOND FUND OF MERICA P 2015-01-08 2019-01-09
PFIZER INC P 2002-11-12 2008-09-06
AMERICAN BOND FUND OF MERICA P 2015-01-08 2019-01-09
PFIZER INC P 2012-03-07 2018-09-06
AMERICAN BOND FUND OF AMERICA P 2017-12-29 2019-01-09
PIMCO EMERGING MARKET P 2012-11-30 2018-05-24
WESTERN ASSET CORE PLUS P 2017-12-29 2019-01-09
PIMCO EMERGING MARKET P 2012-12-27 2018-05-24
WESTERN ASSET CORE PLUS P 2018-01-31 2019-01-09
PIMCO EMERGING MARKET P 2012-12-27 2018-05-24
ACCENTURE P 2006-06-08 2019-04-08
STRYKER CORP P 2009-03-23 2018-09-06
AMERICAN EUROPE PACIFIC GRW P 2017-12-21 2019-04-08
TJX P 2001-06-07 2018-09-06
CISCCO SYSTEMS P 2005-10-18 2019-04-08
TJX P 2017-03-07 2018-09-06
ECOLAB INC P 2011-08-09 2019-04-08
ANHEUSER BUSCH P 2013-07-31 2018-10-23
STRYKER CORP P 2009-03-23 2019-04-08
ANHEUSER BUSCH P 2017-03-07 2018-10-23
AMERICAN EUROP PACIFIC GRW P 2018-06-13 2019-04-08
(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 5,940   931 5,009
b 19,755   39,864 -20,109
c 5,795   1,477 4,318
d 2,598   4,753 -2,155
e 8,232   1,887 6,345
676   1,518 -842
7,234   2,624 4,610
1,496   3,233 -1,737
8,244   1,148 7,096
7,978   8,182 -204
4,307   3,437 870
150   150  
2,091   1,700 391
418   418  
16   16  
7,674   7,968 -294
30   30  
536   557 -21
45   45  
5,355   798 4,557
3,771   704 3,067
5,182   5,543 -361
8,310   614 7,696
15,814   4,905 10,909
443   313 130
15,219   3,818 11,401
33,688   39,279 -5,591
5,267   864 4,403
739   969 -230
3,582   3,823 -241
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       5,009
b       -20,109
c       4,318
d       -2,155
e       6,345
      -842
      4,610
      -1,737
      7,096
      -204
      870
       
      391
       
       
      -294
       
      -21
       
      4,557
      3,067
      -361
      7,696
      10,909
      130
      11,401
      -5,591
      4,403
      -230
      -241
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 58,405
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 -262
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 151,355 2,806,184 0.053936
2016 140,480 2,733,242 0.051397
2015 153,266 2,693,459 0.056903
2014 166,818 2,834,033 0.058862
2013 129,500 2,743,292 0.047206
2
Total of line 1, column (d) .....................
2
0.268304
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
0.053661
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,760,831
5
Multiply line 4 by line 3......................
5
148,149
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
968
7
Add lines 5 and 6........................
7
149,117
8
Enter qualifying distributions from Part XII, line 4,.............
8
166,400
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 1 968
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........................... 3 968
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- ..... 5 968
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,722
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,722
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,754
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,754 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
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)
    bulletFL
    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 ofbulletALAN LURIA Telephone no.bullet (336) 672-2213

    Located atbulletPO BOX 1884ASHEBORONC ZIP+4bullet27204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ALAN LURIA PRESIDENT
    000.00     		0 0 0
    PO BOX 1884
    ASHEBORO,NC27204
    HOWARD LURIA VICE PRES.
    000.00     		0 0 0
    862 SIR FRANCIS DRAKE BLVD 288
    SAN ANSELMO,CA94960
    JOSHUA ALEXANDER LURIA SECRETARY
    000.00     		0 0 0
    1813 LAKE COUNTRY CLUB EXT
    ASHEBORO,NC27205
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,761,362
    b
    Average of monthly cash balances.......................
    1b
    41,512
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,802,874
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,802,874
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    42,043
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,760,831
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    138,042
    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
    138,042
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    968
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    968
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    137,074
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    137,074
    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
    137,074
    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
    166,400
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    166,400
    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
    968
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    165,432
    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 7 137,074
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 4,863
    b From 2014...... 28,480
    c From 2015...... 21,561
    d From 2016...... 8,129
    e From 2017...... 12,236
    fTotal of lines 3a through e........ 75,269
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 166,400
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 137,074
    e Remaining amount distributed out of corpus 29,326
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 104,595
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		4,863
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		99,732
    10 Analysis of line 9:
    a Excess from 2014.... 28,480
    b Excess from 2015.... 21,561
    c Excess from 2016.... 8,129
    d Excess from 2017.... 12,236
    e Excess from 2018.... 29,326
    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 e-mail 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:
    LETTER LISTING THE ORGANIZATION'S NAME, ADDRESS, TELEPHONE NUMBER, CHARITABLE NATURE, AMOUNT REQUESTED AND PURPOSE OF FUNDS.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    AMERICAN JEWISH HISTORICAL SOCIETY
    15 WEST 16TH STREET
    NEW YORK,NY10011     		    CHARITY 2,500
    BOYS CLUB GIRLS CLUB OF HIGH POINT
    PO BOX 2834
    HIGH POINT,NC27261     		    CHARITY 2,500
    BREAST CANCER PREVENTION PROJECT
    1388 SUTTER ST UNIT 400
    SAN FRANCISCO,CA94904     		    CHARITY 5,000
    BRONKS FREEDOM FUND
    360 161ST ST
    BRONKS,NY10451     		    CHARITY 5,000
    CONSERVING CAROLINA
    847 CASE ST
    HENERSONVILLE,NC28792     		    CHARITY 1,000
    BUILDING BEATS
    37 N 15TH ST
    BROOKLYN,NY11222     		    EDUCAATION 1,500
    EQUAL JUCTICE INITIATIVE
    125 COMMERCE ST
    MONTGOMERTY,AL36104     		    CHARITY 5,000
    FEMALE HEBREW BENEVOLENT SOCIETY
    2125 DELANCE PLACE
    PHILADELPHIA,PA19103     		    CHARITY 7,500
    FOLDS OF HONOR
    8551 N 125TH E AVE
    OWASSO,OK74055     		    CHARITY 250
    GW UNIVERSITY MEDICAL ALUMNI
    2600 VIRGINIA AVE NW UNIT
    WASHINGTON,DC20037     		    EDUCATION 5,000
    GOLDRINGWOLDENBURG INSTI
    PO BOX 16528
    JACKSON,MS39236     		    CHARITY 5,000
    HAND IN HAND
    PO BOX 80102
    PORTLAND,OR97280     		    CHARITY 5,000
    HEALDSBURG JAZZ FESTIVAL ORG
    PO BOX 266
    HEALDSBURG,CA95448     		    CHARITY 1,000
    HIAS
    1300 SPRING ST
    SILVER SPRINGS,MD20910     		    CHARITY 5,000
    JEWISH FAMILY SERVICES NH
    1440 WHALLEY AVE
    NEW HAVEN,CT06515     		    CHARITY 5,000
    INTERNET SOCIETY NY
    PO BOX 1599
    NEW YORK,NY10159     		    CHARITY 1,500
    MAZON
    10495 SANTA MONICA BLVD
    LOS ANGELES,CA90023     		    CHARITY 10,000
    MERC CLINIC
    1831 FAYETEVILLE ST
    ASHEBORO,NC27203     		    CHARITY 2,500
    MUSEUM OF ELRIDGE ST
    12 ELRIDGE ST
    NEW YORK,NY10002     		    CHARITY 1,000
    NATIONAL CENTER FOR JEWISH FILM
    BRANDEIS U LOWN 102 MS053
    WALTHAM,MA02454     		    CHARITY 2,500
    NEW YORK PUBLUC LIBRARY -JEWISH DIV
    5TH AVE AND 42 ST
    NEW YORK,NY10018     		    CHARITY 5,000
    NC COASTAL FEDERATION
    3609 HWY 24
    NEWPORT,NC28570     		    CHARITY 5,000
    OSHER MARIN JCC
    200 N SAN PEDRO ROAD
    SAN RAFAEL,CA94903     		    CHARITY 7,100
    OUR DAILY BREAD
    831 E PRITCHARD STREET
    ASHEBORO,NC27203     		    CHARITY 2,500
    PLUM JACK FOUNDATION
    3138 FILMORE ST
    SAN FRANCISCO,CA94123     		    CHARITY 3,300
    ROANOKE RIVERS PARTNERSHIP
    PO BOX 488
    WINDSOR,NC27983     		    CHARITY 10,000
    RANDOLPH COMMUNITY COLLEGE
    629 INDUSTRIAL PARK AVE
    ASHEBORO,NC27205     		    EDUCATION 5,000
    ROHDES JEWISH HISTORICAL FOUNDATION
    10850 WILSHINE BLVD
    LOS ANGELES,CA90024     		    CHARITY 1,000
    SALVATION ARMY
    1863 CAPITAL BLVD
    RALEIGH,NC27604     		    CHARITY 2,500
    STANFORD UNIVERSITY
    326 GALVEZ ST
    STANFORD,CA94305     		    EDUCATION 2,500
    SYLVAN HEIGHTS WATERFOWL CENTER
    500 SYLVAN HEIGHTS PRKWAY
    SCOTLAND NECK,NC27874     		    CHARITY 2,500
    THE CRANE TRUST
    9325 SOUTH ALDA RD
    WOOD RIVER,NE68883     		    CHARITY 1,000
    THE GOOD PEOPLE FUND
    384 WYOMING AVE
    MILLBURN,NJ07041     		    CHARITY 5,000
    THE NINA SIMONE PROJECT
    301 N TRYON ST
    TRYON,NC28782     		    CHARITY 5,000
    TUFT UNIVERSITY ALUMNI
    419 BOSTON AVE
    MEDFORD,MA02155     		    CHARITY 25,000
    US HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PL
    WASHINGTON,DC20024     		    CHARITY 5,000
    WESTERN MICHIGAN UNIVERSITY ALUMNI
    1903 W MICHIGAN AVE
    KALAMAZOO,MI49008     		    EDUCATION 5,000
    WORLD WIDE FUND
    1250 24TH ST NW
    WASHINGTON,DC20090     		    CHARITY 250
    Total .................................bullet 3a 166,400
    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 ...........     		    14 31  
    4 Dividends and interest from securities....     14 62,724  
    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.....     18 50  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 58,405  
    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)..   121,210  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    121,210
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,005 5,005    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 9,184 48,105
    ABBVIE 7,876 29,379
    ACCENTURE LTD 9,314 64,670
    ALLERGAN 25,408 17,078
    AMERCO 50,916 51,861
    ANHEUSER    
    APPLE 16,414 57,199
    ADP 14,655 72,580
    BBT 7,630 52,766
    BERKSHIRE HATHAWAY INC 10,325 62,885
    CISCO SYSTEMS 16,500 58,999
    COCA COLA 34,271 62,733
    EBAY INC 6,423 30,375
    ECOLAB 14,953 64,958
    FASTENAL CO 25,997 65,441
    FRANKLIN ELECTRIC, INC. 29,521 58,472
    GOLDMAN SACHS GRP 15,054 13,504
    HOME DEPOT 8,507 65,095
    JOHNSON & JOHNSON 25,465 57,940
    MEDTRONICS PLC SHS 49,281 61,940
    PAYPAL HLDGS INC 7,763 68,790
    PFIZER 35,450 59,392
    PUBLIC STORAGE 49,795 55,494
    SCHLUMBERGER LTD    
    SHERWIN WILLIAMS COMPANY 17,558 20,623
    STERICYCLE    
    STRYKER 11,200 71,953
    TELEFLEX 6,944 74,178
    THE JM SMUCKER COMPANY 25,525 24,766
    TJX COMPANIES 4,765 61,552
    VERIZON COMMUNICATIONS 17,998 18,167
    WALGREEN CO 17,878 32,802
    WALT DISNEY 15,737 20,667

    TY 2018 InvestmentsOtherSchedule2
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN BOND FUND OF AMERICA AT COST 195,421 203,914
    CAPITAL WORLD BOND FUND AT COST 60,418 61,702
    AMERICAN EURO PACIFIC GROWTH FUND AT COST 118,501 187,431
    ARTISAN AT COST 6,219 5,546
    BLACKROCK GLOBAL AT COST 36,302 35,075
    GOLDMAN SACHS AT COST 56,586 53,525
    HENDERSON INTERNATIONAL OPPORTUNITIE AT COST 50,495 76,546
    METROPOLITAN WEST TOTAL RETURN FUND AT COST 206,533 213,097
    PIMCO EMERGING MARKETS FUND AT COST    
    PIMCO REAL RETURN AT COST 48,272 47,278
    T ROWE PRICE MID CAP GR AT COST 5,965 6,498
    T ROWE PRICE SM CP AT COST 54,852 80,805
    THORNBURG INTERNATIONAL VALUE FUND AT COST 67,349 78,092
    UNDISCOVERED MNGR BHVRL VL SEL AT COST 63,903 70,896
    WESTERN ASSET CORE BOND FUND AT COST 214,207 225,744

    TY 2018 OtherExpensesSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE EXPENSE 750 750    
    POSTAGE 12 12    


    TY 2018 OtherIncomeSchedule2
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NON DEDUCTIBLE WASH SALES 50 50  


    TY 2018 OtherLiabilitiesSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYABLE TO OFFICER 61 134


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 18,570 18,570    


    TY 2018 TaxesSchedule
    Name:
    ANNA & NATHAN FLAX FOUNDATION INC
    EIN:
    23-7028881
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FL DEPT OF STATE ANNUAL FEE 61 61    
    INCOME TAXES PAID