Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
ONG FIRST FRIENDS CHURCH TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

93-0548829
B Telephone number (see instructions)

(503) 464-3580
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$6,547,980J 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... 168,492 168,492  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 27,586
b Gross sales price for all assets on line 6a 93,144
7 Capital gain net income (from Part IV, line 2)... 27,586
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 828    
12 Total. Add lines 1 through 11........ 196,906 196,078  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 84,923 76,431   8,492
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 952 857   95
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,054 6,054   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 1,463 1,463    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 93,392 84,805 0 8,587
25 Contributions, gifts, grants paid....... 317,762 317,762
26 Total expenses and disbursements. Add lines 24 and 25 411,154 84,805 0 326,349
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -214,248
b Net investment income (if negative, enter -0-) 111,273
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............. -13    
2 Savings and temporary cash investments......... 176,020 15,486 15,486
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)....... 3,345,784 Click to see attachment3,292,260 4,536,235
c Investments—corporate bonds (attach schedule)....... 2,044,126 Click to see attachment1,769,956 1,728,633
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment274,170 267,626
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,565,917 5,351,872 6,547,980
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........ 5,565,917 5,351,872
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)..... 5,565,917 5,351,872
31 Total liabilities and net assets/fund balances (see instructions). 5,565,917 5,351,872
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
5,565,917
2
Enter amount from Part I, line 27a .....................
2
-214,248
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
203
4
Add lines 1, 2, and 3 ..........................
4
5,351,872
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,351,872
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 1. AMERICAN INTL GROUP INC   1911-11-11 2018-07-02
b 732. BAYER A G SPONSORED ADR   1901-01-01 2018-07-02
c 105. FINANCIAL ENGINES INC   2015-01-16 2018-07-19
d .4102 ACS ACTIVIDADES CONS UNS A D R   2017-03-20 2018-07-31
e 310. ABAXIS INC     2018-07-31
.8 GARRETT MOTION INC     2018-10-23
65. PRAXAIR INC   2015-12-07 2018-10-31
.6667 RESIDEO TECHNOLOGIES INC     2018-11-01
118. K M G CHEMICALS INC   2013-02-20 2018-11-19
28. K M G CHEMICALS INC   2015-01-16 2018-11-19
.5 ITAU UNIBANCO HOLDINGS SA A D R   2013-02-20 2018-12-19
10. SKY PLC SPN A D R   2015-01-16 2018-12-28
.2 CABOT MICROELECTRONICS CORP COM   2018-01-15 2019-01-17
.85 TAKEDA PHARMACEUTICAL SP A D R   2019-01-08 2019-02-11
315. THE KRAFT HEINZ CO     2019-02-22
.6317 ACS ACTIVIDADES CONS UNS A D R   2017-03-20 2019-03-05
.2 MULTICHOICE GROUP LTD ADR   2019-03-04 2019-03-18
261. GEMALTO NV SPONSORED ADR   2015-12-07 2019-03-28
118. ELLIE MAE INC     2019-04-17
.2 ALCON INC   2014-09-23 2019-04-18
.2857 KONTOOR BRANDS INC W I   2015-01-16 2019-06-05
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 25     25
b 305     305
c 4,725   3,778 947
d 4   3 1
e 25,730   14,480 11,250
12   8 4
10,625   7,144 3,481
15   12 3
8,955   2,380 6,575
2,125   564 1,561
4   4  
872   561 311
19   20 -1
17   16 1
11,012   24,428 -13,416
6   4 2
2   1 1
7,477   8,130 -653
11,682   4,005 7,677
11   11  
9   9  
      9,512
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       25
b       305
c       947
d       1
e       11,250
      4
      3,481
      3
      6,575
      1,561
       
      311
      -1
      1
      -13,416
      2
      1
      -653
      7,677
       
       
       
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 27,586
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 335,282 6,494,454 0.051626
2016 339,958 6,166,640 0.055129
2015 337,036 6,063,591 0.055584
2014 336,965 6,639,971 0.050748
2013 0 0 0.0
2
Total of line 1, column (d) .....................
2
0.213087
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
0.042617
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,325,469
5
Multiply line 4 by line 3......................
5
269,573
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,113
7
Add lines 5 and 6........................
7
270,686
8
Enter qualifying distributions from Part XII, line 4,.............
8
326,349
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 1,113
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 1,113
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 1,113
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 560
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 560
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 9 553
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet0 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)
    bulletOR
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580

    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    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
     
     
    .........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
    US BANK TRUSTEE
    1     		84,923    
    PO BOX 3168
    PORTLAND,OR97208
    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
    6,322,738
    b
    Average of monthly cash balances.......................
    1b
    99,058
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,421,796
    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
    6,421,796
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    96,327
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,325,469
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    316,273
    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
    316,273
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,113
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,113
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    315,160
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    315,160
    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
    315,160
    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
    326,349
    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
    326,349
    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
    1,113
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    325,236
    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 7 315,160
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 11,525
    c From 2015...... 38,168
    d From 2016...... 35,516
    e From 2017...... 11,673
    fTotal of lines 3a through e........ 96,882
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 326,349
    a Applied to 2017, but not more than line 2a 0
    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..... 315,160
    e Remaining amount distributed out of corpus 11,189
    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 5 108,071
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		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 ......     		108,071
    10 Analysis of line 9:
    a Excess from 2014.... 11,525
    b Excess from 2015.... 38,168
    c Excess from 2016.... 35,516
    d Excess from 2017.... 11,673
    e Excess from 2018.... 11,189
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    REEDWOOD FRIENDS CHURCH
    2901 SE STEELE ST
    PORTLAND,OR97202     		NONE PC GENERAL OPERATING 317,762
    Total .................................bullet 3a 317,762
    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....     14 168,492  
    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 27,586  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 828  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   196,906  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    196,906
    (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:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Name of Bond End of Year Book Value End of Year Fair Market Value
    464288612 ISHARES BARCLAYS INT 323,439 326,847
    77956H104 T ROWE PRICE INTL BO 262,734 258,388
    262028855 DRIEHAUS ACTIVE INCO 270,382 241,962
    670690387 NUVEEN INFLATION PRO    
    31420B300 FEDERATED INST HI YL 193,791 187,484
    057071854 BAIRD AGGREGATE BOND 129,194 130,969
    024932600 AMER CENT DIVERSIFI 590,416 582,983

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Name of Stock End of Year Book Value End of Year Fair Market Value
    05545E209 B H P BILLITON PLC S 13,455 20,751
    29286D105 ENGIE A D R 8,991 10,058
    88031M109 TENARIS SA ADR 2,514 2,394
    H1467J104 CHUBB LTD 7,648 10,752
    701491102 PARK24 CO LTD SPN A 5,757 4,237
    82669G104 SIGNATURE BK 4,512 7,250
    066849100 BAR HBR BANKSHARES 1,150 1,835
    30225T102 EXTRA SPACE STORAGE 6,434 7,427
    609839105 MONOLITHIC POWER SYS 9,302 13,442
    05530H100 BBA AVIATION PLC UNS 2,131 2,478
    072743305 BAYERISCHE MOTOREN S 8,658 6,123
    163086101 CHEFS WAREHOUSE HOLD 16,267 30,090
    500467501 KONINKLIJKE AHOLD DE 11,760 14,150
    459506101 INTL FLAVORS FRAGRA 8,395 10,011
    126650100 CVS HEALTH CORPORATI 5,812 6,048
    445658107 HUNT J B TRANS SVCS 6,697 8,958
    257651109 DONALDSON CO INC 9,387 13,529
    747525103 QUALCOMM INC 25,326 32,406
    864159108 STURM RUGER CO INC 15,177 17,488
    046224101 ASTEC INDUSTRIES INC 4,071 3,744
    133131102 CAMDEN PPTY TR SBI 8,132 11,796
    700416209 PARK ELECTROCHEMICAL 2,730 2,670
    032037103 AMPCO-PITTSBURG CORP 3,109 778
    780641205 KONINKLIJKE ROYAL KP 9,333 8,906
    N22717107 CORE LABORATORIES N 26,324 13,279
    909218109 UNIT CORP COM 10,287 2,436
    402307102 GULF IS FABRICATION 5,501 1,825
    199333105 COLUMBUS MCKINNON CO 4,807 8,940
    353514102 FRANKLIN ELEC INC 1,840 2,328
    904784709 UNILEVER N V A D R 4,968 6,376
    217204106 COPART INC COM 8,331 36,324
    373865104 GERMAN AMERICAN BANC 2,346 3,072
    422806208 H E I C O CORPORATIO 9,411 51,168
    125919308 CPI AEROSTRUCTURES I 1,468 1,194
    46115H107 INTESA SANPAOLO A D 7,131 7,111
    343498101 FLOWERS FOODS INC 3,141 3,863
    813113206 SECOM COMPANY LIMITE 6,030 10,494
    825690100 SHUTTERSTOCK INC 18,992 16,930
    511795106 LAKELAND INDUSTRIES 949 2,106
    65339F101 NEXTERA ENERGY INC 7,235 19,257
    456463108 INDUSTRIAS BACHOCO S 8,338 11,806
    02079K107 ALPHABET INC CL C 4,111 11,890
    86562M209 SUMITOMO MITSUI FINL 5,073 3,742
    146229109 CARTERS INC 7,819 9,852
    684060106 ORANGE SPON A D R 8,654 8,615
    35138V102 FOX FACTORY HOLDING 12,842 56,932
    882681109 TEXAS ROADHOUSE INC 5,572 11,217
    57060D108 MARKETAXESS HLDGS IN 4,018 20,892
    466140100 JGC CORP UNSPONSORED 8,894 4,015
    05278C107 AUTOHOME INC 17,195 46,663
    87155N109 SYMRISE AG UNSPON A 4,313 7,771
    433323102 HINGHAM INSTITUTION 1,986 5,346
    478160104 JOHNSON JOHNSON 8,661 11,700
    294429105 EQUIFAX INC 4,034 9,196
    594918104 MICROSOFT CORP 7,999 32,016
    74005P104 PRAXAIR INC    
    192422103 COGNEX CORP 4,259 10,939
    311900104 FASTENAL CO 11,135 14,014
    539830109 LOCKHEED MARTIN CORP 8,722 12,360
    466032109 J & J SNACK FOODS CO 8,821 20,280
    412324303 HARDINGE INC    
    132011107 CAMBREX CORP COM 9,017 7,302
    426281101 JACK HENRY ASSOCIATE 4,278 12,990
    054536107 AXA A D R 8,807 8,980
    118440106 BUCKLE INC 4,059 1,904
    948849104 WEIS MKTS INC 13,876 9,721
    761152107 RESMED INC 8,498 15,742
    315616102 F5 NETWORKS INC COM 7,214 9,029
    03662Q105 A N S Y S INC 6,839 18,024
    06738C778 IPATH DOW JONES UBS 96,520 62,761
    87184P109 SYSMEX CORP UNSPON A 3,537 8,576
    12709P103 CABOT MICROELECTRONI 5,089 10,348
    268780103 E ON AG A D R 11,247 12,668
    689164101 OTSUKA HOLDINGS LTD 6,512 6,250
    678026105 OIL STATES INTERNATI 1,758 988
    G3922B107 GENPACT LIMITED 9,125 13,255
    34407D109 FLY LEASING LTD A D 17,093 21,745
    384556106 GRAHAM CORP 3,560 2,930
    681116109 OLLIES BARGAIN OUTLE 11,145 57,144
    92826C839 VISA INC 15,506 51,371
    670678507 NUVEEN REAL ESTATE S 140,407 151,400
    989817101 ZUMIEZ INC 808 1,462
    056752108 BAIDU COM INC A D R 15,837 10,797
    35952Q106 FUCHS PETROLUB SE PR 4,510 4,497
    553498106 MSA SAFETY INC 15,348 29,298
    70432V102 PAYCOM SOFTWARE INC 4,314 21,085
    194162103 COLGATE PALMOLIVE CO 8,055 8,744
    254687106 DISNEY WALT CO 8,912 11,450
    713448108 PEPSICO INC 10,841 14,031
    717081103 PFIZER INC 8,352 14,382
    907818108 UNION PACIFIC CORP 4,981 14,205
    872540109 TJX COMPANIES INC 14,438 19,354
    057755209 BALDWIN LYONS INC CL    
    641069406 NESTLE SA SPONSORED 49,753 72,070
    754730109 RAYMOND JAMES FINL I 5,488 9,977
    770323103 ROBERT HALF INTL INC 8,828 10,604
    826546103 SIFCO INDS INC 6,659 1,653
    350060109 FOSTER L B CO CL A 9,093 7,436
    806407102 SCHEIN HENRY INC COM 3,470 6,990
    037598109 APOGEE ENTERPRISES I 3,123 4,692
    358029106 FRESENIUS MED AKTIEN 27,726 28,124
    44930G107 ICU MEDICAL INC 2,170 8,565
    320734106 FIRST LONG ISLAND CO 1,918 2,771
    262037104 DRIL QUIP INC 7,981 5,664
    501173207 KUBOTA LTD A D R 4,181 5,004
    82481R106 SHIRE PLC A D R    
    861012102 STMICROELECTRONICS N 6,502 7,400
    00089H106 ACS ACTIVIDADES CONS 8,885 11,658
    949746101 WELLS FARGO CO 9,449 11,830
    258278100 DORMAN PRODUCTS INC 5,603 10,021
    262028855 DRIEHAUS ACTIVE INCO    
    904767704 UNILEVER PLC SPSD AD 5,910 9,791
    056525108 BADGER METER INC 1,937 4,417
    573075108 MARTEN TRANSPORTATIO 1,534 3,049
    714167103 PERMA PIPE HOLDINGS 1,849 2,366
    404280406 HSBC HOLDINGS PLC SP 19,195 19,284
    23304Y100 DBS GROUP HLDGS LTD 15,242 24,650
    009126202 AIR LIQUIDE S A A D 9,372 13,686
    003021714 ABERDEEN FDS EMRGN 122,343 131,371
    44980X109 IPG PHOTONIC CORP CO 6,981 11,723
    535223200 LINDE AG A D R    
    900148701 TURKIYE GARANTI BANK 6,404 2,446
    609207105 MONDELEZ INTERNATION 8,014 9,702
    449172105 HYSTER YALE MATERIAL 4,401 3,702
    398438408 GRIFOLS SA A D R 4,013 4,832
    61166W101 MONSANTO CO    
    084670702 BERKSHIRE HATHAWAY I 22,268 46,684
    420261109 HAWKINS INC 2,615 2,908
    482564101 K M G CHEMICALS INC    
    344849104 FOOT LOCKER INC 8,019 5,114
    00508Y102 ACUITY BRANDS INC 10,032 6,206
    492854104 KEWAUNEE SCIENTIFIC 1,057 1,110
    430070409 HIGHLAND LONG SHORT 302,071 301,557
    756255204 RECKITT BENCKISER SP 5,905 4,748
    609027107 MONARCH CASINO RESO 2,207 8,121
    606783207 MITSUBISHI ESTATE LT 16,293 12,501
    81603X108 SEIKO EPSON A D R 6,553 6,303
    02319V103 AMBEV SA SPN A D R 9,313 7,537
    502441306 LVMH MOET HENNESSY A 4,402 11,405
    075887109 BECTON DICKINSON AND 8,956 12,348
    574599106 MASCO CORP 8,952 10,399
    548661107 LOWES CO INC 6,327 13,421
    37733W105 GLAXO SMITHKLINE P L 24,232 23,172
    808513105 SCHWAB CHARLES CORP 9,276 13,584
    920437100 VALUE LINE INC 327 798
    045327103 ASPEN TECHNOLOGY INC 11,231 33,058
    653656108 NICE SYS LTD SPONSOR 20,359 54,526
    871565107 SYNALLOY CORP 2,910 3,030
    237545108 DASSAULT SYSTEMES SA 10,108 33,128
    66987V109 NOVARTIS AG A D R 17,752 21,093
    749660106 RPC ENERGY SVCS INC 2,513 1,132
    500458401 KOMATSU LTD A D R RE 8,964 8,148
    562750109 MANHATTAN ASSOC INC 10,947 12,549
    73278L105 POOL CORPORATION 9,162 14,516
    677864100 OIL DRI CORP AMER 2,027 2,451
    55306N104 M K S INSTRUMENTS IN 2,597 7,010
    05946K101 BANCO BILBAO VIZCAYA 22,380 15,768
    71646E100 PETRO CHINA COMPANY 8,046 5,837
    83084V106 SKY PLC SPN A D R    
    585464100 MELCO CROWN ENTERTAI 19,116 22,133
    G5960L103 MEDTRONIC PLC 11,081 14,024
    166764100 CHEVRON CORPORATION 9,463 11,448
    000375204 ABB LTD A D R 2,296 2,283
    92937A102 WPP PLC SPONSORED A 12,236 7,172
    126402106 CSW INDUSTRIALS INC 2,312 4,293
    02079K305 ALPHABET INC CL A 13,987 24,904
    92852T201 VIVENDI SA UNSPON AD 10,162 13,276
    015393101 ALFA LAVAL AB SWEDEN 4,079 5,892
    69832A205 PANASONIC CORP A D R 8,933 6,622
    001317205 AIA GROUP LTD ADR 10,673 27,789
    617700109 MORNINGSTAR INC 8,988 18,803
    780259107 ROYAL DUTCH SHELL A 14,418 16,632
    75524B104 RBC BEARINGS INC 11,773 25,856
    006754204 ADECCO SA A D R 6,741 7,547
    833034101 SNAP ON INC 6,373 8,613
    835699307 SONY CORP A D R 5,276 8,592
    963320106 WHIRLPOOL CORP 5,864 7,118
    172908105 CINTAS CORP 3,385 17,559
    00687A107 ADIDAS AG A D R 6,205 19,122
    17275R102 CISCO SYSTEMS INC 8,978 14,285
    383082104 GORMAN RUPP CO 16,614 21,143
    871607107 SYNOPSYS INC 5,270 16,730
    670100205 NOVO NORDISK AS A D 11,408 16,945
    072730302 BAYER AG A D R 19,714 12,773
    77956H104 T ROWE PRICE INTL BO    
    885160101 THOR INDUSTRIES INC 2,279 2,572
    803054204 SAP SE SPONSORED A D 14,361 26,539
    670690387 NUVEEN INFLATION PRO    
    866942105 SUN HYDRAULICS CORP    
    28849P100 ELLIE MAE INC    
    009279100 AIRBUS GROUP NV A D 13,526 25,212
    31620M106 FIDELITY NATL INFORM 6,176 18,157
    780249108 KONINKLIJKE DSM NV A 7,621 16,362
    806857108 SCHLUMBERGER LTD 51,995 28,215
    418056107 HASBRO INC 9,261 9,723
    637215104 NATIONAL PRESTO INDS 4,359 5,597
    038336103 APTAR GROUP INC 3,629 7,212
    892356106 TRACTOR SUPPLY CO 15,538 23,827
    229669106 CUBIC CORP 2,967 4,191
    007924103 AEGON N V NY REG SHR 7,757 6,509
    12637N204 CSL LIMITED A D R 4,157 14,095
    110448107 BRITISH AMERN TOB PL 3,903 2,336
    718546104 PHILLIPS 66 11,691 15,808
    002567105 ABAXIS INC    
    G1151C101 ACCENTURE PLC CL A 5,653 17,184
    686330101 ORIX CORP SPONS A D 7,582 8,162
    695156109 PACKAGING CORP AMERI 6,394 9,341
    45104G104 ICICI BANK LTD A D R 4,113 6,710
    60687Y109 MIZUHO FNL GRP A D R 14,369 10,454
    N00985106 AERCAP HOLDINGS NV 11,603 15,343
    48137C108 JULIUS BAER GROUP LT 7,378 7,982
    018805101 ALLIANZ SE A D R 6,371 13,581
    256135203 DR REDDYS LABORATORI 8,097 7,269
    40052P107 GRUPO FIN BANORTE SP 5,626 5,901
    600551204 MILLER INDUSTRIES IN 1,918 3,260
    12562Y100 CK HUTCHISON HOLDING 8,046 6,972
    464288513 ISHARES IBOXX HIGH Y    
    254709108 DISCOVER FINL SVCS 7,841 9,621
    92939U106 WEC ENERGY GROUP INC 6,478 10,921
    48268K101 KT CORP SP A D R 23,839 20,893
    75955B102 RELX NV SPON A D R    
    G6518L108 NIELSEN HOLDINGS PLC 9,314 4,746
    631512100 NASPERS LTD N SPONSO    
    439038100 HOOKER FURNITURE COR 2,777 3,588
    596278101 MIDDLEBY CORP COM 6,241 8,956
    83569C102 SONOVA HOLDING UNSPO 3,648 8,022
    61022V107 MONOTARO CO LTD UNSP 2,167 8,317
    89469A104 TREEHOUSE FOODS INC 13,191 8,331
    307305102 FANUC CORPORATION A 11,546 12,899
    780259206 ROYAL DUTCH SHELL PL 11,009 15,357
    037833100 APPLE INC 45,610 81,741
    571748102 MARSH MCLENNAN COS I 7,108 13,367
    89151E109 TOTAL SA SPON A D R 8,292 9,931
    917488108 UTAH MED PRODS INC 3,509 6,795
    771195104 ROCHE HOLDINGS LTD S 43,064 49,000
    40049J206 GRUPO TELEVISA SA SP 3,862 1,207
    855668109 STARRETT L S CO 865 470
    140781105 CARBO CERAMICS INC 3,960 389
    M22465104 CHECK POINT SOFTWARE 12,705 14,451
    465562106 ITAU UNIBANCO HOLDIN 6,064 9,335
    592688105 METTLER-TOLEDO INTL 5,248 16,800
    739128106 POWELL INDS INC 3,181 2,166
    533900106 LINCOLN ELEC HLDGS I 2,152 3,210
    192446102 COGNIZANT TECHNOLOGY 10,363 14,516
    800013104 SANDERSON FARMS INC 2,547 6,009
    142795202 CARLSBERG AS A D R 8,759 12,092
    438516106 HONEYWELL INTERNATIO 6,855 15,364
    28176E108 EDWARDS LIFESCIENCES 11,231 21,984
    741511109 PRICE SMART INC 11,719 7,464
    16941M109 CHINA MOBILE LIMITED 13,954 10,779
    049904105 ATRION CORPORATION 1,853 7,675
    874039100 TAIWAN SEMICONDUCTOR 9,939 19,428
    589889104 MERIT MEDICAL SYSTEM 2,159 8,934
    303075105 FACTSET RESEARCH SYS 15,240 34,674
    502117203 LOREAL UNSPONSORED A 7,519 17,351
    526107107 LENNOX INTERNATIONAL 4,234 14,850
    09247X101 BLACKROCK INC 3,777 10,325
    479167108 JOHNSON OUTDOORS INC 4,568 13,646
    626425102 MURATA MANUFACTUR UN 7,671 8,467
    296650104 ESPEY MFG & ELECTRON 2,735 2,772
    317485100 FINANCIAL ENGINES IN    
    00287Y109 ABBVIE INC 8,078 14,689
    58733R102 MERCADOLIBRE INC 7,765 40,989
    G3323L100 FABRINET 9,198 10,778
    693483109 POSCO A D R 5,503 5,253
    70450Y103 PAYPAL HOLDINGS INC 19,606 59,176
    024932600 AMER CENT DIVERSIFI    
    26443V101 DULUTH HOLDINGS INC 1,658 1,373
    031001100 AMES NATL CORP 2,668 2,249
    811065101 SCRIPPS NETWORKS INT    
    36863N208 GEMALTO NV SPONSORED    
    578787103 MAZDA MOTOR CORP-UNS 8,529 6,356
    05367G100 AVIANCA HOLDINGS A D 2,654 869
    144430204 CARREFOUR SA SP A D 8,881 7,178
    357023100 FREIGHTCAR AMER INC 4,690 763
    896438306 TRINITY BIOTECH PLC 7,391 1,163
    00206R102 ATT INC 8,852 8,411
    04623U102 ASTELLAS PHARMA INC 8,943 9,613
    04530Y106 ASPEN PHARMACARE HL 4,024 1,303
    918204108 V F CORP 5,227 13,015
    50216C108 L S I INDUSTRIES INC 3,456 1,916
    171340102 CHURCH AND DWIGHT CO 5,274 13,297
    387328107 GRANITE CONSTRUCTION 12,019 16,237
    778296103 ROSS STORES INC 9,754 16,355
    138006309 CANON INC SPONS A D 41,902 37,349
    566330106 MARCUS CORP 10,798 20,567
    803866300 SASOL LTD SPONSORED 4,704 3,429
    136375102 CANADIAN NATL RY CO 6,546 13,317
    216648402 COOPER COS INC 6,033 16,171
    901476101 TWIN DISC INC 5,568 4,651
    654624105 NIPPON TELEGRAPH TEL 15,191 16,087
    961214301 WESTPAC BANKING COPR 3,111 2,272
    23636T100 DANONE SPONS A D R 8,986 10,937
    92932M101 WNS HOLDINGS LTD ADR 9,440 21,312
    679580100 OLD DOMINION FGHT LI 17,042 29,404
    G47791101 INGERSOLL RAND PLC 7,614 11,907
    297284200 ESSILOR INTL A D R 8,997 9,654
    36237H101 G I I I APPAREL GROU 11,594 9,414
    62942M201 NTT DOCOMO INC A D R 7,111 9,756
    91324P102 UNITED HEALTH GROUP 6,146 19,765
    92345Y106 VERISK ANALYTICS INC 12,043 32,221
    405217100 HAIN CELESTIAL GROUP 8,380 5,387
    83175M205 SMITH NEPHEW P L C 24,522 31,349
    49428J109 KIMBALL ELECTRONICS 2,893 4,157
    46625H100 J P MORGAN CHASE CO 6,308 19,230
    000360206 AAON INC 4,561 14,151
    128030202 CAL MAINE FOODS INC 2,787 4,673
    G16962105 BUNGE LIMITED 8,553 6,964
    45841N107 INTERACTIVE BROKERS 14,197 21,192
    500754106 THE KRAFT HEINZ CO    
    049255706 ATLAS COPCO AB SPONS 4,259 5,886
    37045V100 GENERAL MOTORS CO 9,812 11,328
    629445206 NVE CORP 13,062 16,293
    23328E106 DNB ASA SPONSOR A D 9,069 10,203
    149498107 CAUSEWAY EMERGING MA 64,597 60,417
    09857L108 BOOKING HOLDINGS INC 15,266 29,995
    631512209 NASPERS LTD N SPON A 9,543 15,546
    42328H109 HELIOS TECHNOLOGIES 2,392 3,481
    22304C100 COVETRUS INC NPV 979 978
    874060205 TAKEDA PHARMACEUTICA 2,378 2,213
    759530108 RELX PLC SPON A D R 10,350 16,233
    62548D100 MULTICHOICE GROUP LT 422 604
    76118Y104 RESIDEO TECHNOLOGIES 199 307
    G5494J103 LINDE PLC 10,625 13,052
    H01301128 ALCON INC 2,444 2,854
    74368L203 PROTECTIVE INSURANCE 2,486 1,581
    366505105 GARRETT MOTION INC 69 123
    50050N103 KONTOOR BRANDS INC W 339 588

    TY 2018 InvestmentsOtherSchedule2
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    87245P668 TIAA CREF INFLATION AT COST 274,170 267,626

    TY 2018 OtherExpensesSchedule
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 1,463 1,463   0


    TY 2018 OtherIncomeSchedule2
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 828 0  


    TY 2018 OtherIncreasesSchedule
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Description Amount
    COST BASIS ADJUSTMENT 203


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 952 857   95


    TY 2018 TaxesSchedule
    Name:
    ONG FIRST FRIENDS CHURCH TRUST
    EIN:
    93-0548829
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,812 5,812   0
    FOREIGN TAXES ON NONQUALIFIED 242 242   0