TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
ROBERT SYDNEY NEEDHAM FDN MAIN

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

30-0562220

B Telephone number (see instructions)

(855) 739-2920

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$6,827,324J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	166,272		164,459
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		249,380
b	Gross sales price for all assets on line 6a 1,390,567
7	Capital gain net income (from Part IV, line 2)...			249,380
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	415,652		413,839
13	Compensation of officers, directors, trustees, etc.	97,827		73,370		24,457
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).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....		1,050			1,050
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		9,271	4,253		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).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	109,148		77,623	0	26,507
25	Contributions, gifts, grants paid.......	345,000				345,000
26	Total expenses and disbursements. Add lines 24 and 25	454,148		77,623	0	371,507
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-38,496
b	Net investment income (if negative, enter -0-)			336,216
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	9,604
	2	Savings and temporary cash investments.........	336,897	386,256	386,256
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	366,077
	b	Investments—corporate stock (attach schedule).......	4,949,495
	c	Investments—corporate bonds (attach schedule).......	927,313
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........		6,229,429	6,441,068
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,589,386	6,615,685	6,827,324
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	6,589,386	6,615,685
	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).....	6,589,386	6,615,685
	31	Total liabilities and net assets/fund balances (see instructions).	6,589,386	6,615,685

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

6,589,386

Enter amount from Part I, line 27a .....................

-38,496

Other increases not included in line 2 (itemize) bullet

65,162

Add lines 1, 2, and 3 ..........................

6,616,052

Decreases not included in line 2 (itemize) bullet

367

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

6,615,685

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	5000. CHEVRON CORP 4.950% 3/03/19		2015-11-23	2018-01-23
b	12000. KINDER MORGAN ENER 5.950% 2/15/18		2015-11-23	2018-02-15
c	13000. CHEVRON CORP 4.950% 3/03/19		2015-11-23	2018-03-13
d	8379. VOYA INTL RL EST FD CL-I #2664		2013-09-26	2018-03-27
e	8378.382 VOYA INTL RL EST FD CL-I #2664			2018-04-03
	10842.843 AQR MANAGED FUTURES STR-I			2018-04-16
	4468.275 PRINCIPAL GL MULT STRAT-INST #4684		2015-09-28	2018-04-16
	4171.676 HARBOR INTERNATION FD INST #2011		2008-10-14	2018-04-19
	6000. ISHA CURR HEDGED MSCI EAFE			2018-04-19
	20000. US TREASURY NOTE 2.500% 5/15/24		2016-09-28	2018-04-23
	20000. FED HOME LN MTG CORP 3.750% 3/27/19			2018-04-24
	1000. GENERAL ELEC CAP COR 4.650% 10/17/21		2017-05-24	2018-05-17
	24000. GENERAL ELEC CAP COR 4.650% 10/17/21			2018-05-17
	15000. PEPSICO INC 4.500% 1/15/20			2018-06-11
	10000. VERIZON COMMUNICATIO 5.150% 9/15/23			2018-06-15
	20000. FED HOME LN MTG CORP 3.750% 3/27/19		2015-11-23	2018-07-02
	5000. PEPSICO INC 4.500% 1/15/20		2015-11-23	2018-07-11
	5000. PEPSICO INC 4.500% 1/15/20		2018-04-27	2018-07-11
	10000. US TREASURY NOTE 2.250% 11/15/25		2017-08-10	2018-07-24
	15000. AMGEN INC 5.700% 2/01/19		2015-11-23	2018-09-06
	15000. TIME WARNER INC 4.875% 3/15/20			2018-09-27
	5000. TIME WARNER INC 4.875% 3/15/20		2018-04-27	2018-09-27
	12889.114 WELLS FARGO SM CAP CORE-R6 #4686			2018-10-19
	7000. US TREASURY NOTE 3.125% 5/15/19			2018-11-26
	15000. BANK OF AMERICA CORP 5.625% 7/01/20		2015-11-23	2018-11-27
	12000. US TREASURY NOTE 3.125% 5/15/19		2015-11-23	2018-12-11
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	5,154	5,508	-354
b	12,000	12,315	-315
c	13,292	14,322	-1,030
d	70,635	80,115	-9,480
e	71,468	80,056	-8,588
	97,911	111,217	-13,306
	50,000	48,660	1,340
	288,013	189,144	98,869
	175,916	150,680	25,236
	19,565	21,559	-1,994
	20,267	21,557	-1,290
	1,039	1,106	-67
	24,933	26,808	-1,875
	15,432	16,470	-1,038
	10,793	11,170	-377
	20,207	21,516	-1,309
	5,132	5,482	-350
	5,132	5,154	-22
	9,559	10,081	-522
	15,176	16,650	-1,474
	15,425	16,277	-852
	5,142	5,169	-27
	250,564	233,151	17,413
	7,019	7,435	-416
	15,496	16,878	-1,382
	12,030	12,707	-677
			153,267

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			-354
b			-315
c			-1,030
d			-9,480
e			-8,588
			-13,306
			1,340
			98,869
			25,236
			-1,994
			-1,290
			-67
			-1,875
			-1,038
			-377
			-1,309
			-350
			-22
			-522
			-1,474
			-852
			-27
			17,413
			-416
			-1,382
			-677

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	249,380
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 ...................		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? Yes No

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	379,723	7,319,219	0.05188
2016	378,197	6,931,752	0.05456
2015	398,582	7,483,584	0.053261
2014	375,583	7,880,785	0.047658
2013	348,221	7,818,417	0.044539

Total of line 1, column (d) .....................

0.251898

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 ......

0.05038

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

7,417,403

Multiply line 4 by line 3......................

373,689

Enter 1% of net investment income (1% of Part I, line 27b)...........

3,362

Add lines 5 and 6........................

377,051

Enter qualifying distributions from Part XII, line 4,.............

371,507

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)

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 and enter “N/A" on line 1.
	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	6,724
	hereand 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	6,724
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	6,724
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	3,016
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	4,570
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	7,586
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	862
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax862	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 . Click to see attachment

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(855) 739-2920

Located at bullet

100 NORTH MAIN STREET 6TH FLOOR D40WINSTON SALEMNC ZIP+4 bullet

271013818

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
WELLS FARGO BANK NA	CO-TRUSTEE 1	73,124
1525 W WT HARRIS BLVD CHARLOTTE,NC28288	CO-TRUSTEE 1	73,124
NINA STACK	CO-TRUSTEE 4	12,357
79 OLD YORK ROAD NEW HOPE,PA18938	CO-TRUSTEE 4	12,357
JOHN B NEWMAN ESQ	CO- TRUSTEE 4	12,346
THE ARMOUR BLDG 32 MERCER ST HACKENSACK,NJ07601	CO- TRUSTEE 4	12,346

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...................				0

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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

7,241,112

Average of monthly cash balances.......................

289,246

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,530,358

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,530,358

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

112,955

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

7,417,403

Minimum investment return. Enter 5% of line 5..................

370,870

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.)

Minimum investment return from Part X, line 6....................

370,870

Tax on investment income for 2018 from Part VI, line 5......

6,724

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

6,724

Distributable amount before adjustments. Subtract line 2c from line 1............

364,146

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

364,146

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

364,146

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

371,507

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

371,507

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

371,507

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)

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					364,146
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				119,663
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: $ 371,507
a Applied to 2017, but not more than line 2a				119,663
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.....					251,844
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 ..........					112,302
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Wells Fargo Philanthropic Services
100 NORTH MAIN STREET 6th FLOOR D40
Winston Salem,NC27101
(888) 234-1999
grantadministration@wellsfargo.com

bThe form in which applications should be submitted and information and materials they should include:

Apply online at www.welssfargo.com/privatefoundationgrants/needham Scholarship committee chooses students for award - committee consists of college faculty, staff and the financial aid staff

cAny submission deadlines:

April 1

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Must be a graduate of a New Jersey high and have a GPA of 3.0 or better. Priority will be given to students from Passaic High School and Fairleigh Dickinson Univ.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
STEVENS INSTITUTE OF TECHNOLOGY BABBIO DRIVE HOBOKEN,NJ07030	NONE	I	SCHOLARSHIP	15,000
MONMOUTH UNIVERSITY 400 CEDAR AVENUE WEST LONGBRANCH,NJ077641898	NONE	PC	SCHOLARSHIPS	10,000
RIDER UNIVERSITY 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE,NJ08648	NONE	PUBLIC EXEMPT	SCHOLARSHIPS	10,000
DREW UNIVERSITY 36 MADISON AVE MADISON,NJ07940	NONE	PC	SCHOLARSHIPS	10,000
FAIRLEIGH DICKINSON UNIVERSITY 1000 RIVER ROAD H-DH3-12 TEANECK,NJ07666	NONE	PC	SCHOLARSHIPS	55,000
CALDWELL COLLEGE 9 RYERSON AVENUE CALDWELL,NJ07006	NONE	PC	SCHOLARSHIPS	10,000
SETON HALL UNIVERSITY COLLEGE OF NURSING 457 CENTRE STREET SOUTH ORANGE,NJ07079	NONE	PC	SCHOLARSHIPS	10,000
BROOKDALE COMMUNITY COLLEGE 765 NEWMAN SPRINGS RD LINCROFT,NJ07738	NONE	PC	SCHOLARSHIPS	10,000
FELICIAN COLLEGE 262 SOUTH MAIN ST LODI,NJ07644	NONE	PC	SCHOLARSHIPS	10,000
PASSAIC COUNTY COMMUNITY COLLEGE FOUNDATION ONE COLLEGE BLVD PATERSON,NJ075051102	NONE	PC	SCHOLARSHIPS	15,000
UNION COUNTY COLLEGE FDN 1033 SPRINGFIELD AVENUE CRANFORD,NJ07016	NONE	PC	SCHOLARSHIPS	5,000
OCEAN COUNTY COLLEGE FDN 1 COLLEGE DRIVE TOMS RIVER,NJ087542001	NONE	PC	SCHOLARSHIPS	10,000
SUSSEX COUNTY COMM COLL ONE COLLEGE HILL ROAD NEWTON,NJ07860	NONE	PC	SCHOLARSHIPS	10,000
ATLANTIC CAPE COMMUNITY COLLEGE 341 COURT HOUSE-SOUTH DENNIS ROAD CAPE MAY COURTHOUSE,NJ082101972	NONE	PC	SCHOLARSHIPS	10,000
ROWAN UNIVERSITY FOUNDATION 201 MULLICA HILL ROAD GLASSBORO,NJ08028	NONE	PC	SCHOLARSHIPS	10,000
THOMAS EDISON STATE COLLEGE 101 W STATE STREET TRENTON,NJ086081176	NONE	PC	SCHOLARSHIPS	10,000
WILLIAM PATERSON UNIVERSITY OF NEW JERSEY 300 POMPTON ROAD WAYNE,NJ07470	NONE	PC	SCHOLARSHIPS	10,000
CAMDEN COUNTY COLLEGE POST OFFICE BOX 200 BLACKWOOD,NJ08012	NONE	PC	SCHOLARSHIPS	10,000
PASSAIC HIGH SCHOOL 170 PAULISON AVENUE PASSAIC,NJ07055	NONE	PC	SCHOLARSHIPS	15,000
MIDDLESEX COUNTY COLLEGE FDN 2600 WOODBRIDGE AVENUE EDISON,NJ08818	NONE	PC	SCHOLARSHIPS	10,000
RARITAN VALLEY COMMUNITY COLLEGE P OBOX 3300 SOMERVILLE,NJ088761265	NONE	PC	SCHOALRSHIPS	10,000
NEW JERSEY CITY UNIVERSITY FDN 2039 KENNEDY BLVD JERSEY CITY,NJ07305	NONE	PC	SCHOLARSHIPS	60,000
BURLINGTON COUNTY COLLEGE FDN 300 COLLEGE CIRCLE MOUNT LAUREL,NJ080549705	NONE	EXEMPT	GENERAL	10,000
RAMAPO COLLEGE OF NJ 505 RAMAPO VALLEY ROAD MAHWAH,NJ07430	NONE	PC	SCHOLARSHIPS	10,000
Total ................................. 3a				345,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	166,272
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	249,380
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)..				415,652

13Total. Add line 12, columns (b), (d), and (e)..................

415,652

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,000			1,000

- TIN:

TY 2018 ExplnOfNonFilingWithAGStmt

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Statement:

NJ ATTORNEY GENERAL DOES NOT REQUIRE FORM TO BE FILED UNLESS GROSS CONTRIBUTIONS EXCEED $25,000.

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Name of Bond	End of Year Book Value	End of Year Fair Market Value
693390882 PIMCO FOREIGN BD FD
464287242 ISHARES IBOXX $ INVE
031162AZ3 AMGEN INC
037833AK6 APPLE INC
06051GEC9 BANK OF AMERICA CORP
084664BE0 BERKSHIRE HATHAWAY
166751AJ6 CHEVRON CORP
20825CAR5 CONOCOPHILLIPS
260543CF8 DOW CHEMICAL CO/THE
315920702 FID ADV EMER MKTS IN
36962G5J9 GENERAL ELEC CAP COR
38141GFG4 GOLDMAN SACHS GROUP
406216BD2 HALLIBURTON COMPANY
464288588 ISHARES MBS ETF
46625HHU7 JPMORGAN CHASE & CO
4812C0803 JPMORGAN HIGH YIELD-
494550AY2 KINDER MORGAN ENER
713448BN7 PEPSICO INC
742718DY2 PROCTER & GAMBLE CO/
887317AF2 TIME WARNER INC
913017BV0 UNITED TECHNOLOGIES
92343VBR4 VERIZON COMMUNICATIO
931142CU5 WAL-MART STORES INC
94973VAS6 WELLPOINT INC
437076BM3 HOME DEPOT INC
59156RBH0 METLIFE INC
66989HAJ7 NOVARTIS CAPITAL COR
172967LQ2 CITIGROUP INC
38148LAE6 GOLDMAN SACHS GROUP
61746BEA0 MORGAN STANLEY

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Name of Stock	End of Year Book Value	End of Year Fair Market Value
339128100 JP MORGAN MID CAP VA
411511306 HARBOR INTERNATION F
779919109 T ROWE PRICE REAL ES
87234N302 TCW FUNDS SELECT EQU
552983470 MFS RESEARCH INTL FD
00203H859 AQR MANAGED FUTURES
464287622 ISHARES RUSSELL 1000
683974604 OPPENHEIMER DEVELOPI
74925K581 BOSTON P LNG/SHRT RE
77954Q106 T ROWE PRICE BLUE CH
78463X863 SPDR DJ WILSHIRE INT
92914A810 VOYA INTL RL EST FD
00770G847 JOHCM INTERNATIONAL
04314H600 ARTISAN MID CAP FUND
411511504 HARBOR CAPITAL APRCT
464287234 ISHARES MSCI EMERGIN
464287499 ISHARES RUSSELL MID-
464287655 ISHARES RUSSELL 2000
464288885 ISHARES MSCI EAFE GR
46434V803 ISHA CURR HEDGED MSC
74253Q580 PRINCIPAL INV R/E SE
74255L696 PRINCIPAL GL MULT ST
81369Y407 AMEX CONSUMER DISCR
81369Y605 FINANCIAL SELECT SEC
81369Y803 AMEX TECHNOLOGY SELE
902641646 E-TRACS ALERIAN MLP
003021714 ABERDEEN EMERG MARKE
00888Y508 INV BALANCE RISK COM
314172560 FEDERATED STRAT VAL
464287507 ISHARES CORE S&P MID
464287598 ISHARES RUSSELL 1000
94984B520 WF LARGE CAP CORE FU
94988V787 WELLS FARGO SM CAP C
77954Q403 T ROWE PRICE BLUE CH
779919307 T ROWE PR REAL ESTAT

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

State & Local Government Securities - End of Year Book Value:

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

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
912828XQ8 US TREASURY NOTE	AT COST	24,787	24,588
912828NT3 US TREASURY NOTE 2.6	AT COST	34,254	33,047
912828U24 US TREASURY NOTE	AT COST	28,555	28,637
81369Y803 AMEX TECHNOLOGY SELE	AT COST	93,599	136,356
606822BA1 MITSUBISHI UFJ FIN	AT COST	20,052	20,092
38148LAE6 GOLDMAN SACHS GROUP	AT COST	15,209	14,352
912828N30 US TREASURY NOTE	AT COST	45,109	44,366
86562MAQ3 SUMITOMO MITSUI FINL	AT COST	19,297	19,488
589509207 MERGER FUND-INST #30	AT COST	100,000	100,123
779919307 T ROWE PR REAL ESTAT	AT COST	86,860	163,007
683974604 OPPENHEIMER DEVELOPI	AT COST	183,772	203,219
912828M56 US TREASURY NOTE	AT COST	24,364	24,448
05567LT31 BNP PARIBAS 5.000% 1	AT COST	20,994	20,695
742718DY2 PROCTER & GAMBLE CO/	AT COST	25,132	24,612
404280AN9 HSBC HOLDING PLC 4.0	AT COST	15,103	15,195
04314H600 ARTISAN MID CAP FUND	AT COST	147,000	107,780
464287465 ISHARES MSCI EAFE	AT COST	247,135	205,730
464287499 ISHARES TR RUSSELL M	AT COST	325,510	348,600
339128100 JP MORGAN MID CAP VA	AT COST	55,207	105,795
00770G847 JOHCM INTERNATIONAL	AT COST	73,500	82,901
126650DC1 CVS HEALTH CORP	AT COST	19,982	19,943
9128284F4 US TREASURY NOTE	AT COST	19,650	20,059
912828KQ2 US TREASURY NOTE 3.1	AT COST	29,650	28,062
912828QN3 U S TREASURY NT 3.12	AT COST	20,280	20,297
87234N302 TCW FUNDS SELECT EQU	AT COST	163,542	200,844
74256W568 PRINCIPAL REAL EST S	AT COST	138,000	137,493
4812C0803 JPMORGAN HIGH YIELD	AT COST	213,478	196,175
00888Y508 INV BALANCE RISK COM	AT COST	75,250	70,711
912828F21 US TREASURY NOTE 2.1	AT COST	45,552	44,573
26078JAA8 DOWDUPONT INC	AT COST	15,024	15,144
437076BM3 HOME DEPOT INC	AT COST	20,649	19,373
06051GEC9 BANK OF AMERICA CORP	AT COST	10,896	10,338
46625HHU7 JPMORGAN CHASE & CO	AT COST	26,581	25,451
14040HBP9 CAPITAL ONE FINANCIA	AT COST	14,804	14,806
260543CF8 DOW CHEMICAL CO/THE	AT COST	15,892	15,264
693390882 PIMCO FOREIGN BD FD	AT COST	92,998	93,475
81369Y605 AMEX FINANCIAL SELEC	AT COST	47,480	47,640
464287655 ISHARES RUSSELL 2000	AT COST	162,507	174,070
003021714 ABERDEEN EMERG MARKE	AT COST	65,000	72,128
77954Q403 T ROWE PRICE BLUE CH	AT COST	193,977	282,526
314172560 FEDERATED STRAT VAL	AT COST	229,819	212,600
9128284T4 US TREASURY NOTE	AT COST	19,993	20,066
61746BEA0 MORGAN STANLEY	AT COST	19,935	19,576
94973VAS6 WELLPOINT INC 4.350%	AT COST	10,634	10,176
913017BV0 UNITED TECHNOLOGIES	AT COST	20,320	19,585
464288588 ISHARES BARCLAYS MBS	AT COST	60,876	59,127
037833AK6 APPLE INC 2.400% 5/0	AT COST	19,541	19,339
406216BD2 HALLIBURTON COMPANY	AT COST	20,039	19,852
742537236 PRINCIPAL GL MULT ST	AT COST	64,340	60,600
31641Q763 FIDELITY NEW MRKTS I	AT COST	234,949	221,591
81369Y407 AMEX CONSUMER DISCR	AT COST	49,511	54,456
464287622 ISHARES TR RUSSELL 1	AT COST	210,518	266,978
55273H361 MFS RESEARCH INTERNA	AT COST	204,362	217,493
172967LQ2 CITIGROUP INC	AT COST	24,598	24,099
912828WJ5 US TREASURY NOTE 2.5	AT COST	31,605	29,945
3135G0ZR7 FED NATL MTG ASSN 2.	AT COST	45,893	44,843
66989HAJ7 NOVARTIS CAPITAL COR	AT COST	25,450	24,217
411511504 HARBOR CAPITAL APRCT	AT COST	240,805	240,058
94988V860 WF LARGE CAP CORE FN	AT COST	116,371	114,140
464287804 ISHARES TR SMALLCAP	AT COST	152,958	138,640
09260C703 BLACKROCK GL L/S CRE	AT COST	50,000	45,889
277923728 EATON VANCE GLOBAL M	AT COST	100,000	94,131
464287234 ISHARES TR MSCI EMER	AT COST	265,654	298,809
902641646 E-TRACS ALERIAN MLP	AT COST	76,969	56,345
74925K581 ROBECO BP LNG/SHRT R	AT COST	224,782	211,781
06367T7H7 BANK OF MONTREAL	AT COST	14,993	14,992
9128283W8 US TREASURY NOTE	AT COST	14,735	15,077
064159FL5 BANK OF NOVA SCOTIA	AT COST	14,749	14,870
00206RDC3 AT&T INC	AT COST	15,185	15,249
464287598 ISHARES RUSSELL 1000	AT COST	125,952	138,813
464287507 ISHARES TR S & P MID	AT COST	48,048	53,970
464288885 ISHARES MSCI EAFE GR	AT COST	160,224	156,374
04314H758 ARTISAN SMALL CAP FU	AT COST	50,000	39,110
78463X863 SPDR DJ WILSHIRE INT	AT COST	243,422	192,426
59156RBH0 METLIFE INC 3.600% 4	AT COST	26,064	25,172
961214DW0 WESTPAC BANKING CORP	AT COST	19,504	19,276

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Description	Amount
PURCHASE OF ACCD INT C/O	356
COST BASIS ADJUSTMENT	11

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Description	Amount
MF TIMING DIFFERENCE	65,162

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SCHOLARSHIP ADMIN FEES	1,050			1,050

- TIN:

TY 2018 TaxesSchedule

Name:

ROBERT SYDNEY NEEDHAM FDN MAIN

EIN:

30-0562220

Category	Amount	Net Investment Income
FOREIGN TAXES	3,294	3,294
FEDERAL TAX PAYMENT - PRIOR YE	2,002	0
FEDERAL ESTIMATES - PRINCIPAL	3,016	0
FOREIGN TAXES ON NONQUALIFIED	959	959