Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
ED AND GLADYS HURLEY FOUNDATION XXXXX5006
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

72-6018854
B Telephone number (see instructions)

(800) 496-2583
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$3,714,998J 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... 89,154 87,576  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 312,569
b Gross sales price for all assets on line 6a 2,158,221
7 Capital gain net income (from Part IV, line 2)... 312,569
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 19,367 19,367  
12 Total. Add lines 1 through 11........ 421,090 419,512  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 38,392 23,035   15,357
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 61 61   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,412 2,256   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 146 146    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,011 25,498 0 15,357
25 Contributions, gifts, grants paid....... 185,500 185,500
26 Total expenses and disbursements. Add lines 24 and 25 239,511 25,498 0 200,857
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 181,579
b Net investment income (if negative, enter -0-) 394,014
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 33,368 32,676 32,676
2 Savings and temporary cash investments......... 238,677 56,456 56,456
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,681,781 Click to see attachment2,126,706 2,060,073
c Investments—corporate bonds (attach schedule)....... 772,285 Click to see attachment803,496 781,243
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 940,276 Click to see attachment829,591 769,731
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9 Click to see attachment9 Click to see attachment14,819
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,666,396 3,848,934 3,714,998
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,666,396 3,848,934
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,666,396 3,848,934
31 Total liabilities and net assets/fund balances (see instructions). 3,666,396 3,848,934
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
3,666,396
2
Enter amount from Part I, line 27a .....................
2
181,579
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,639
4
Add lines 1, 2, and 3 ..........................
4
3,851,614
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,680
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,848,934
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 3097.471 AQR EQUITY MARKET NEUTRAL-R6   2016-03-23 2018-01-02
b 3846.02 EQUINOX CAMPBELL STRATEGY-I     2018-01-02
c 1794.79 PIMCO UNCONSTRAINED BD FD INSTL CL*   2014-06-20 2018-01-02
d 1980.822 PGIM ABSOLUTE RETURN BOND FUND CLASS R6   2014-06-20 2018-01-02
e 2400. XTRACKERS MSCI EUROPE HEDGED EQUITY ETF.     2018-01-10
500. XTRACKERS MSCI EUROPE HEDGED EQUITY ETF.   2015-08-27 2018-01-10
2343.87 MATTHEWS ASIA DIVIDEND-INS   2015-08-27 2018-01-29
12835.508 JPM ACCESS MULTI-STRATEGY FUND II RIC ENDOWMENTS & FOUNDATIO   2013-12-31 2018-02-07
165. SPDR TR UNIT SER 1   2017-07-20 2018-02-08
725. SPDR TR UNIT SER 1   2012-08-22 2018-02-08
200. DEUTSCHE X-TRACKERS MSCI JAP   2017-10-24 2018-02-12
400. DEUTSCHE X-TRACKERS MSCI JAP     2018-02-13
10608.219 JPMORGAN TRUST HIGH YLD ULTRA     2018-02-13
110. DEUTSCHE X-TRACKERS MSCI JAP   2017-10-24 2018-02-14
165. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-02-14
100. DEUTSCHE X-TRACKERS MSCI JAP     2018-02-14
4019.139 DOUBLELINE TOTL RET BND-I   2012-06-07 2018-02-22
385. SPDR GOLD TRUST   2017-08-21 2018-03-16
615. SPDR GOLD TRUST   2016-08-02 2018-03-16
7129.063 FMI LARGE CAP FUND-INST     2018-03-26
5464.481 JPMORGAN TRUST HIGH YLD ULTRA     2018-04-12
5872.415 JPMORGAN TRUST HIGH YLD ULTRA   2009-06-09 2018-05-24
6545.09 FMI LARGE CAP FUND-INST     2018-05-29
20125.13 JPM ACCESS MULTI-STRATEGY FUND II RIC 5% HOLDBACK     2018-06-11
75. VANGUARD EMERGING MARKET VIPERS   2018-01-29 2018-06-14
610. VANGUARD EMERGING MARKET VIPERS     2018-06-14
90. VANGUARD EMERGING MARKET VIPERS   2016-03-23 2018-06-14
900. ISHARES GOLD TRUST   2018-03-16 2018-07-18
2000. ISHARES GOLD TRUST   2018-03-16 2018-07-18
100.998 THE ARBITRAGE FUND-I   2018-01-02 2018-08-14
167.295 BLACKSTONE ALT MULTI-STRAT- Y   2017-12-15 2018-08-14
64.811 DIAMOND HILL LONG/SHORT-I   2018-01-02 2018-08-14
508.637 DOUBLELINE TOTL RET BND-I     2018-08-14
200. ISHARES MSCI INDIA ETF   2015-04-13 2018-08-14
542.957 JPM MANAGED INCOME - INSTL FUND 2119   2018-05-24 2018-08-14
188.492 NEUBERGER BERMAN LONG SH-INS   2018-01-02 2018-08-14
1472.305 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2018-08-14
30. SCHWAB U.S. TIPS ETF   2017-08-02 2018-08-14
296.93 VANGUARD TOTAL BOND MARKET INDEX FUND-ADM   2017-06-21 2018-08-14
5944.706 AQR LONG-SHORT EQUITY-R6     2018-08-31
585.975 DOUBLELINE TOTL RET BND-I   2015-02-25 2018-08-31
35. ISHARES MSCI INDIA ETF   2015-04-13 2018-08-31
877.829 PRIMECAP ODYSSEY STOCK FUND   2017-01-31 2018-08-31
2324.052 LAZARD EMERGING MKT PORTFOLIO INSTL*   2017-02-02 2018-09-05
3432.819 AQR EQUITY MARKET NEUTRAL-R6   2016-03-23 2018-09-19
945. VANGUARD EMERGING MARKET VIPERS   2016-03-23 2018-09-19
2000.454 AMG TIMESSQUARE MID CAP GROWTH FUND CL Z   2009-03-19 2018-10-18
632.022 BLACKSTONE ALT MULTI-STRAT- Y   2017-12-15 2018-10-18
462. ISHARES RUSSELL MIDCAP VALUE INDEX   2009-05-06 2018-10-18
6261.738 JPM MANAGED INCOME - INSTL FUND 2119     2018-10-18
556.088 JPM US L/C CORE PL FD - USD - R6 ISIN US48129C6030   2018-02-09 2018-10-18
6614.173 PIMCO COMMODITYPL STRAT-INS   2018-02-22 2018-11-14
326.107 FIDELITY 500 INDEX FD-AI   2018-03-26 2018-11-28
500. ISHARES GOLD TRUST   2018-03-16 2018-11-28
198.376 PGIM GLOBAL REAL ESTATE FUND CLASS R6   2017-11-16 2018-11-28
415.359 FIDELITY 500 INDEX FD-AI   2018-03-26 2018-12-07
1960. DEUTSCHE X-TRACKERS MSCI JAP   2016-07-13 2018-12-18
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,975   36,302 1,673
b 39,114   43,340 -4,226
c 19,420   20,188 -768
d 19,749   19,468 281
e 69,887   62,322 7,565
14,550   12,979 1,571
48,940   35,832 13,108
182,877   197,495 -14,618
43,523   40,786 2,737
191,237   102,542 88,695
8,555   8,573 -18
16,705   17,146 -441
77,440   76,795 645
4,589   4,715 -126
6,884   5,292 1,592
4,163   3,207 956
42,000   44,974 -2,974
47,834   47,242 592
76,410   80,153 -3,743
151,350   139,443 11,907
40,000   37,740 2,260
42,575   39,927 2,648
140,916   78,281 62,635
20,125   21,245 -1,120
3,333   3,768 -435
27,160   30,460 -3,300
4,007   3,069 938
10,591   11,329 -738
23,520   25,175 -1,655
1,315   1,321 -6
1,775   1,820 -45
1,735   1,719 16
5,300   5,646 -346
7,022   6,676 346
5,435   5,430 5
2,850   2,769 81
49,440   38,972 10,468
1,634   1,656 -22
3,097   3,216 -119
75,617   82,850 -7,233
6,100   6,475 -375
1,248   1,168 80
30,250   23,236 7,014
38,579   39,230 -651
37,109   40,233 -3,124
39,014   32,220 6,794
40,009   16,506 23,503
6,750   6,876 -126
39,629   13,578 26,051
62,680   62,657 23
17,400   16,371 1,029
36,841   42,000 -5,159
31,365   30,436 929
5,844   6,294 -450
4,765   4,908 -143
38,375   38,765 -390
75,954   62,836 13,118
      75,660
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       1,673
b       -4,226
c       -768
d       281
e       7,565
      1,571
      13,108
      -14,618
      2,737
      88,695
      -18
      -441
      645
      -126
      1,592
      956
      -2,974
      592
      -3,743
      11,907
      2,260
      2,648
      62,635
      -1,120
      -435
      -3,300
      938
      -738
      -1,655
      -6
      -45
      16
      -346
      346
      5
      81
      10,468
      -22
      -119
      -7,233
      -375
      80
      7,014
      -651
      -3,124
      6,794
      23,503
      -126
      26,051
      23
      1,029
      -5,159
      929
      -450
      -143
      -390
      13,118
       
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 2 312,569
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 192,836 4,025,045 0.047909
2016 206,852 3,833,957 0.053953
2015 211,153 4,115,744 0.051304
2014 197,108 4,254,227 0.046332
2013 184,880 4,038,749 0.045777
2
Total of line 1, column (d) .....................
2
0.245275
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
0.049055
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,078,497
5
Multiply line 4 by line 3......................
5
200,071
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,940
7
Add lines 5 and 6........................
7
204,011
8
Enter qualifying distributions from Part XII, line 4,.............
8
200,857
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 7,880
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,880
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,880
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,284
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,450
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,734
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,854
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,854 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletLA
    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 ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JP MORGAN CHASE BANK NA trustee
    2     		38,392    
    10 S DEARBORN ST MC IL 1-0111
    Chicago,IL60603
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,002,099
    b
    Average of monthly cash balances.......................
    1b
    123,688
    c
    Fair market value of all other assets (see instructions)................
    1c
    14,819
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,140,606
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,140,606
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,109
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,078,497
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    203,925
    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
    203,925
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,880
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,880
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    196,045
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    196,045
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    196,045
    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
    200,857
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    200,857
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    200,857
    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 7 196,045
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 182,927
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 200,857
    a Applied to 2017, but not more than line 2a 182,927
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 17,930
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		178,115
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    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.
    NONE
    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:
    JPMorgan Chase Bank NA
    PO Box 227237
    Dallas,TX75222
    (214) 965-2914
    bThe form in which applications should be submitted and information and materials they should include:
    Provide a complete and official high school transcript. Porvide information about the applicant's high school activities, ability to receive family
    cAny submission deadlines:
    support for studies, the applicant's FAFSA form June 30th of each year
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    students who are residents of Louisiana, Texas and Arkansas who are in good standing at the college attended.
    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
    HANNAH UECKERT
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JOSIAH BAKER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    SARAH WILKINSON
    AUBURN UNIVERSITY
    182 S COLLEGE STREET
    AUBURN UNIVERSITY,AL36849     		NONE I SCHOLARSHIP 1,500
    ABIGAIL L CONSTANT
    LOUISIANA COLLEGE
    1140 COLLEGE DRIVE
    Pineville,LA71359     		NONE I SCHOLARSHIP 2,000
    SAVANNAH YOUNG
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    SHELBY WOODS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    LUKE CHILDRESS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ELIZABETH M BARRIER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    EMILY ROSZHART
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ALEXIS HAZELMYER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    HUNTER MUNNERLYN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    CORBAN REDMAN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    DAVID FULTON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    JAMES HARDIN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    ALYSSA WILEY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    MOLLY LAYTON
    LSU HEALTH SCIENCE CENTER - NEW ORLEANS
    433 BOLIVAR ST
    New Orleans,LA70112     		NONE I SCHOLARSHIP 2,000
    KIMBERLY P SELLERS
    UNIVERSITY OF LOUISIANA AT LAFAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 2,000
    JOSEPH NEMEC
    WYOMING CATHOLIC COLLEGE
    306 MAIN ST
    Lander,WY82520     		NONE I SCHOLARSHIP 1,500
    RYDER RULE
    LA STATE UNIVERSITY- BATON ROUGE
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 1,500
    KYLE CHACKO
    SAM HOUSTON STATE UNIVERSITY
    1806 AVE J PO BOX 2537
    Huntsville,TX77341     		NONE I SCHOLARSHIP 1,500
    MATTHEW DAVIDSON
    BELMONT UNIVERSITY
    1900 BELMONT BLVD
    Nashville,TN37212     		NONE I SCHOLARSHIP 2,000
    LINDSEY MEI KEITH
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ADRIANNA N MITCHELL
    LA STATE UNIVERSITY - SHREVEPORT
    1 UNIVERSITY PL
    Shreveport,LA71115     		NONE I SCHOLARSHIP 2,000
    CHARISSA DEMCHSAK
    TEXAS A AND M UNIVERSITY
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE I SCHOLARSHIP 2,000
    NICOLE SMITH
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    AMANDA MAY
    UNTHSC
    3500 CAMP BOWIE BLVD
    Fort Worth,TX76107     		NONE I SCHOLARSHIP 2,000
    ERIN RAMSAY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    MADELYN DAY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KATELYN A DUPONT
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    ALEXIS LOWERY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    KAYLIE OLSON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    MEGHAN BROWN
    LA STATE UNIVERSITY- BATON ROUGE
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    JESSICA BLAKESLEE
    TEXAS A AND M UNIVERSITY- CORPUS CHRISTI
    6300 OCEAN DR
    Corpus Christi,TX78412     		NONE I SCHOLARSHIP 3,000
    ASHTYN MCELHANEY
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 1,500
    STEPHEN D COX
    UNIVERSITY OF MISSISSIPPI
    306 KINARD INTERNAL AUDITING
    UNIVERSITY,MS38677     		NONE I SCHOLARSHIP 1,500
    DAVID SCHMID
    LA STATE UNIVERSITY EUNICE
    2048 JOHNSON HWY
    EUNICE,LA70535     		NONE I SCHOLARSHIP 2,000
    CODY DUNKLIN
    LSUHSC SCHOOL OF ALLIED HEALTH-SHREVEPOR
    1450 CLAIBORNE AVE
    Shreveport,LA71103     		NONE I SCHOLARSHIP 2,000
    EMILY MARTINEZ
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ELEANOR KRIEGEL
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    HUNTER J ALLEN
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    JAYA GEORGE
    TEXAS STATE UNIVERSITY
    601 UNIVERSITY DR
    San Marcos,TX78666     		NONE I SCHOLARSHIP 2,000
    VICTORIA ADENIRAN
    HOUSTON BAPTIST UNIVERSITY
    7502 FONDREN RD
    HOUSTON,TX77074     		NONE I SCHOLARSHIP 1,500
    EDWARD HUSSEY
    TEXAS A AND M UNIVERSITY
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE I SCHOLARSHIP 2,000
    ALICIA EDWARDS
    BOWDOIN COLLEGE
    4100 COLLEGE STATION
    BRUNSWICK,ME04011     		NONE I SCHOLARSHIP 2,000
    MARY GILLESPIE
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    NATHAN P RENFRO
    LA STATE UNIVERSITY - SHREVEPORT
    1 UNIVERSITY PL
    Shreveport,LA71115     		NONE I SCHOLARSHIP 2,000
    DOUGLAS JOHN CONSTANT III
    LOUISIANA COLLEGE
    1140 COLLEGE DRIVE
    Pineville,LA71359     		NONE I SCHOLARSHIP 1,500
    JILLIAN PARRIS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    COTTON DAVIS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ANNA ATWELL
    UNIVERSITY OF CENTRAL ARKANSAS
    UCA - 4986 201 DONAGHEY STREET
    CONWAY,AR72035     		NONE I SCHOLARSHIP 1,500
    JORDAN E HANSEN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    TAYLOR ELLINGTON
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    MILLIE BALDWIN
    UNIVERSITY OF LOUISIANA AT MONROE
    700 UNIVERSITY AVE
    MONROE,LA71209     		NONE I SCHOLARSHIP 1,500
    ERIC N BISHOP
    UNIVERSITY OF LOUISIANA AT MONROE
    700 UNIVERSITY AVE
    Monroe,LA71209     		NONE I SCHOLARSHIP 1,500
    ROBERT BLEWER
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    DEVIN BOUTIN
    UNIVERSITY OF LOUISIANA AT LAFAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 1,500
    DEREK BOUTIN
    UNIVERSITY OF LOUISIANA AT LAFAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 2,000
    LAUREN SELLERS
    UNIVERSITY OF LOUISIANA AT LAFAYETTE
    PO BOX 44290
    LAFAYETTE,LA70504     		NONE I SCHOLARSHIP 2,000
    MEGAN LEIGH CRONAN
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    KALIE DAVIS
    NORTH CAROLINA STATE UNIVERSITY
    BOX 7302
    Raleigh,NC27695     		NONE I SCHOLARSHIP 2,000
    TAYLOR SNIDER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    TATIANNA HURST
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    CAROLINE ATWELL
    UNIVERSITY OF ARKANSAS
    535 W RESEARCH CENTER BLVD STE 120
    Fayetteville,AR72701     		NONE I SCHOLARSHIP 2,000
    BENJAMIN DAVIS
    TULANE UNIVERSITY
    6823 ST CHARLES AVE
    New Orleans,LA70118     		NONE I SCHOLARSHIP 2,000
    CARLY PARKER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,000
    CALEB KARLOVICH
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    RYAN W BISHOP
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    ANNA MARSHALL
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    DREW DETHLOFF
    LA STATE UNIVERSITY-BATON ROUGE
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    JOHN WHEELER
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    MEAGAN SHUFFIELD
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JACOB STACKS
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    STACEY BAKER
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA77074     		NONE I SCHOLARSHIP 2,000
    KELSEY COKER
    MCNEESE STATE UNIVERSITY
    4205 RYAN ST
    Lake Charles,LA70605     		NONE I SCHOLARSHIP 2,000
    ANNA A BROCATO
    UNIVERSITY OF MISSISSIPPI
    306 KINARD INTERNAL AUDITING
    UNIVERSITY,MS38677     		NONE I SCHOLARSHIP 1,500
    FAITH G NEMEC
    TEXAS A AND M UNIVERSITY
    401 GEORGE BUSH DRIVE
    COLLEGE STATION,TX77840     		NONE I SCHOLARSHIP 2,000
    JOSIE BUSH
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    CHELSEA TRAWEEK
    UNIVERSITY OF LOUISIANA AT MONROE
    700 UNIVERSITY AVE
    MONROE,LA71209     		NONE I SCHOLARSHIP 1,500
    SARAH DAVIDSON
    LA STATE UNIVERSITY- BATON ROUGE
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    FARIA KAZI
    UNIVERSITY OF TEXAS HEALTH SAN ANTONIO-S
    8210 FLOYD CURL DR
    San Antonio,TX78229     		NONE I SCHOLARSHIP 2,000
    JESSICA K LORD
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JOSEPH PARRY
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    JOHN HOBGOOD
    UNIVERSITY OF NOTRE DAME
    1100 GRACE HALL
    Notre Dame,IN46556     		NONE I SCHOLARSHIP 2,000
    EMILY DIGIACOMO
    LSUHSC - SHREVEPORT
    1501 KINGS HWY
    Shreveport,LA71103     		NONE I SCHOLARSHIP 2,000
    TESS LAYTON
    UNIVERSITY OF ARKANSAS - FAYETTEVILLE
    535 W RESEARCH CENTER BLVD STE 120
    Fayetteville,AR72701     		NONE I SCHOLARSHIP 2,000
    ERIN ARCEMENT
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    TAYLOR ANDERSON
    LSU HEALTH NEW ORLEANS SCHOOL OF ALLIED
    1900 GRAVIER STREET 6TH FLOOR
    New Orleans,LA70112     		NONE I SCHOLARSHIP 2,000
    ABBY PUCKETT
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    CAILEY N RICHARDSON
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    SARAH HOLMES
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 1,500
    VICTORIA CORBO
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    ALYSSA PEVEHOUSE
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    EMILY C EDWARDS
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 1,500
    CAROLINE RODRIGUE
    LSU HEALTH SCIENCE CENTER - NEW ORLEANS
    1900 GRAVIER STREET ROOM 321
    New Orleans,LA70112     		NONE I SCHOLARSHIP 2,000
    BETH A ARCEMENT
    UNIVERSITY OF DALLAS
    1845 E NORTHGATE DR
    Irving,TX75062     		NONE I SCHOLARSHIP 2,000
    VICTORIA BUCKINGHAM
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    CLIFFORD H LEBLANC IV
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    JOSEPH SIHARATH
    LOUISIANA TECH UNIVERSITY
    PO BOX 3183
    RUSTON,LA71272     		NONE I SCHOLARSHIP 2,000
    JOHN P DONALDSON
    LA STATE UNIVERSITY - SHREVEPORT
    1 UNIVERSITY PL
    Shreveport,LA71115     		NONE I SCHOLARSHIP 2,000
    JOHN P ELDREDGE
    LOUISIANA STATE UNIVERSITY
    3796 NICHOLSON DRIVE
    Baton Rouge,LA70802     		NONE I SCHOLARSHIP 2,000
    HANNAH KARLOVICH
    DALLAS BAPTIST UNIVERSITY
    3000 MOUNTAIN CREEK PKWY
    DALLAS,TX75211     		NONE I SCHOLARSHIP 2,000
    Total .................................bullet 3a 185,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 89,154  
    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 ............     		    18 312,569  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aROYALTY INCOME     		    15 9,715  
    bINCOME DISTRIBUTIO     1 9,652  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   421,090  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    421,090
    (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 InvestmentsCorpBondsSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Name of Bond End of Year Book Value End of Year Fair Market Value
    258620103 DOUBLELINE TOTL RET 296,842 284,733
    464287176 ISHARES BARCLAYS TIP    
    4812C0381 JPM CORE BD FD - SEL    
    4812C0803 JPM HIGH YIELD FD -    
    4812C0126 JPMORGAN HIGH YIELD-    
    808524870 SCHWAB U.S. TIPS ETF 165,272 159,750
    921937603 VANGUARD TOTAL BOND 179,934 176,878
    256210105 DODGE & COX INCOME F 62,650 61,084
    48121A415 JPMORGAN MANAGED INC 98,798 98,798

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Name of Stock End of Year Book Value End of Year Fair Market Value
    233051507 XTRACKERS MSCI JAPAN    
    233051853 XTRACKERS MSCI EUROP    
    256206103 DODGE & COX INTL STO 33,887 32,265
    302933502 FMI LARGE CAP FUND-I    
    413838202 OAKMARK INTERNATIONA    
    464287473 ISHARES RUSSELL MID-    
    577130750 MATTHEWS ASIA DIVIDE 94,614 99,270
    922042858 VANGUARD FTSE EMERGI    
    00170K745 AMG TIMESSQUARE MID    
    14042Y601 CAPITAL GR NON US EQ    
    46429B598 ISHARES MSCI INDIA E 75,223 76,682
    4812A2389 JPM US LARGE CAP COR    
    4812A3718 JPM GRWTH ADVANTAGE    
    4812C1637 JPM MKT EXP ENH INDE    
    55273E822 MFS INTL VALUE-I    
    64122Q465 NEUBERGER BER GR CHI 27,859 21,760
    78462F103 SPDR S&P 500 ETF TRU    
    89609H704 TRIBUTARY SMALL CO-I    
    315911727 FIDELITY INTERNATION 170,475 140,404
    413838723 OAKMARK INTERNATIONA 195,335 163,385
    48129C603 JPMORGAN US L/C CORE 108,400 154,563
    52106N889 LAZARD EMERG MKT EQY    
    552746349 MFS INTL VALUE-R6 70,989 109,912
    74160Q301 PRIMECAP ODYSSEY STO 206,393 224,327
    78464A730 SPDR S&P OIL & GAS E 39,984 29,183
    315911750 FIDELITY 500 INDEX F 353,649 338,399
    413838780 OAKMARK FUND-INST 142,550 114,543
    922908629 VANGUARD MID-CAP ETF 257,523 227,997
    46090E103 INVESCO QQQ TR UNITS 76,296 70,960
    46434G103 ISHARES CORE MSCI EM 120,359 111,274
    46434G822 ISHARES INC MSCI JAP 114,952 106,449
    92189F106 VANECK VECTORS GOLD 38,218 38,700

    TY 2018 InvestmentsOtherSchedule2
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL AND GAS      
    744336504 PRUDENTIAL GLOBAL RE      
    904504503 JPM REALTY INC FD -      
    00191K765 AQR EQUITY MARKET NE      
    29446A819 EQUINOX CAMPBELL STR      
    56166Y404 TORTOISE MLP & PIPEL AT COST 58,891 61,382
    72201M487 PIMCO UNCONSTRAINED      
    74441J829 PRUDENTIAL ABS RET B      
    78463V107 SPDR GOLD SHARES      
    HFGAPBWG9 JPM ACCESS MULTI-STR      
    09257V508 BLACKSTONE ALT MULTI AT COST 201,303 190,387
    48219B911 JPM ACCESS MULTI-STR      
    744336876 PGIM GLOBAL REAL EST AT COST 159,742 142,664
    74441J837 PRUDENTIAL ABS RET B      
    024525172 AMERICAN BEACON GLG AT COST 40,850 39,145
    464285105 ISHARES GOLD TRUST AT COST 83,079 81,114
    03875R205 THE ARBITRAGE FD-I AT COST 40,679 40,834
    12628J881 CRM LONG/SHORT OPPOR AT COST 81,750 69,739
    25264S833 DIAMOND HILL LONG/SH AT COST 82,381 73,113
    64128R608 NEUBERGER BERMAN LON AT COST 80,916 71,353

    TY 2018 OtherAssetsSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MINERAL ASSETS   0 14,810
    XXX-XX-XXXX STATE: ARKANSAS, COU 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    XXX-XX-XXXX STATE: LOUISIANA, CO 1 1 1
    999999999   0 0


    TY 2018 OtherDecreasesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Amount
    COST BASIS ADJUSTMENT 1,069
    2018 TRANSACTION POSTED IN 2019 1,582
    ROUNDING 29


    TY 2018 OtherExpensesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MINERAL INT - PROD TAX 136 136   0
    ROYALTY - OTHER EXPENSES 10 10   0


    TY 2018 OtherIncomeSchedule2
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 9,715 9,715  
    INCOME DISTRIBUTION 9,652 9,652  


    TY 2018 OtherIncreasesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Description Amount
    2017 TRANSACTION POSTED IN 2018 3,639


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

    TY 2018 OtherNotesLoansRcvblLongSch
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    student loans none           0 %        

    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 61 61    


    TY 2018 TaxesSchedule
    Name:
    ED AND GLADYS HURLEY FOUNDATION XXXXX5006
    EIN:
    72-6018854
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 5,872 0   0
    FEDERAL ESTIMATES - INCOME 7,284 0   0
    FOREIGN TAXES ON QUALIFIED FOR 2,000 2,000   0
    FOREIGN TAXES ON NONQUALIFIED 256 256   0