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.
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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
EA Morris Charitable Foundation

Number and street (or P.O. box number if mail is not delivered to street address)3802 Swarthmore Road
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Durham, NC27707

A Employer identification number

58-1413060

B Telephone number (see instructions)

(919) 403-9498

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

$11,976,941J 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	(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...	128,308		128,308
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		881,624
b	Gross sales price for all assets on line 6a 6,200,500
7	Capital gain net income (from Part IV, line 2)...			881,624
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,009,932		1,009,932
13	Compensation of officers, directors, trustees, etc.	219,851		10,993	164,276
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	19,595		0	0
16a	Legal fees (attach schedule).........		6,342	0	0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		21,014	21,014	0
19	Depreciation (attach schedule) and depletion...		154	0
20	Occupancy..............	3,000		0	0
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		75,414	72,304	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	345,370		104,311	164,276
25	Contributions, gifts, grants paid.......	366,000			366,000
26	Total expenses and disbursements. Add lines 24 and 25	711,370		104,311	530,276
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	298,562
b	Net investment income (if negative, enter -0-)			905,621
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	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.............	27,783	45,040	45,040
	2	Savings and temporary cash investments.........	1,134,177	385,316	385,316
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,548,320	2,704,219	2,697,544
	b	Investments—corporate stock (attach schedule).......	8,078,760	8,481,674	8,813,105
	c	Investments—corporate bonds (attach schedule).......	566,637	38,144	36,188
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 834
		Less: accumulated depreciation (attach schedule) 543	445	291	-252
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,356,122	11,654,684	11,976,941
	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	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........	4,474,067	4,474,067
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	6,882,055	7,180,617
	30	Total net assets or fund balances (see instructions).....	11,356,122	11,654,684
	31	Total liabilities and net assets/fund balances (see instructions).	11,356,122	11,654,684

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

11,356,122

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

298,562

Other increases not included in line 2 (itemize) bullet

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

11,654,684

Decreases not included in line 2 (itemize) bullet

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

11,654,684

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	ISHS GOLD TRUST ETF 3000 shs		2018-03-22	2018-12-31
b	ABERDN PHYS PLATINUM ETF PHYSICAL PLATINUM ETF 141 shs		2013-12-31	2018-12-14
c	ISHS SILVER TR ETF 476 shs		2012-01-26	2018-12-06
d	FIRST MAJESTIC SILVER CORP 604 shs		2013-12-31	2018-12-06
e	RSP PERMIAN INC 222 shs		2013-12-31	2018-11-13
	SOUTHWESTERN ENERGY CO COMPANY 914 shs		2017-08-23	2018-10-19
	EOG RESOURCES INC 30 shs		2016-12-01	2018-10-19
	CIMAREX ENERGY COMPANY 74 shs		2015-01-27	2018-10-19
	ALCOA UPSTREAM CORP 54 shs		2018-04-24	2018-10-19
	ALCOA UPSTREAM CORP 85 shs		2018-08-30	2018-10-19
	ALCOA UPSTREAM CORP 44 shs		2012-01-26	2018-10-19
	ALCOA UPSTREAM CORP 89 shs		2011-09-30	2018-10-19
	CAMECO CORP 186 shs		2015-04-17	2018-10-19
	CAMECO CORP 479 shs		2011-12-07	2018-10-19
	ALCOA UPSTREAM CORP 30 shs		2013-08-14	2018-10-19
	COLUMBIA SMCP IDX I SMALL CAP INDEX INSTL CL 1464.844 shs		2013-12-30	2018-10-18
	COLUMBIA MDCP IDX I MID CAP INDEX INSTL CL 2292.176 shs		2013-12-30	2018-10-18
	COMMERCE BANCSHARES INC 0.9 shs		2013-12-06	2018-12-28
	PRAXAIR INC 32 shs		2013-12-06	2018-10-31
	PRAXAIR INC 17 shs		2015-09-25	2018-10-31
	PRAXAIR INC 44 shs		2016-01-04	2018-10-31
	NORDSTROM INC 144 shs		2013-12-06	2018-10-19
	MTS SYS CORP 178 shs		2016-06-16	2018-10-19
	MICROSOFT CORP 34 shs		2013-12-06	2018-10-19
	MTS SYS CORP 113 shs		2016-06-14	2018-10-19
	NORDSTROM INC 26 shs		2016-01-04	2018-10-19
	ACCENTURE PLC IRELD CL A CLASS A NEW 20 shs		2017-10-19	2018-10-19
	SOUTHERN COMPANY 69 shs		2013-12-06	2018-10-19
	PRICE T ROWE GRP INC 34 shs		2013-12-06	2018-10-19
	STARBUCKS CORP 71 shs		2016-09-08	2018-10-19
	PRAXAIR INC 21 shs		2013-12-06	2018-10-19
	NORTHERN TRUST CORP 44 shs		2013-12-06	2018-10-19
	MEDTRONIC PLC 43 shs		2015-08-20	2018-10-19
	BROWN & BROWN INC 195 shs		2013-12-06	2018-10-19
	CLOROX COMPANY 19 shs		2013-12-06	2018-10-19
	BECTON DICKINSON & CO 14 shs		2013-12-06	2018-10-19
	ANALOG DEVICES INC 106 shs		2013-12-06	2018-10-19
	AMERN EXPRESS CO 40 shs		2013-12-06	2018-10-19
	COMMERCE BANCSHARES INC 71 shs		2013-12-06	2018-10-19
	DONALDSON CO INC 95 shs		2013-12-06	2018-10-19
	MCDONALDS CORP 17 shs		2013-12-06	2018-10-19
	MASTERCARD INC A CL A 17 shs		2015-08-25	2018-10-19
	M&T BANK CORP 21 shs		2013-12-06	2018-10-19
	HOME DEPOT INC 15 shs		2014-06-04	2018-10-19
	STRYKER CORP 22 shs		2013-12-06	2018-10-19
	TJX COS INC NEW 11 shs		2014-06-05	2018-10-08
	MICROSOFT CORP 69 shs		2013-12-06	2018-08-16
	MASTERCARD INC A CL A 64 shs		2015-08-25	2018-08-16
	NEW PERSP A CL A 5843.852 shs		2014-01-08	2018-11-16
	CAP WRLD GRW INC A GROWTH & INCOME CL A 5256.518 shs		2014-01-08	2018-11-16
	OCCIDENTAL 4.1 020121 CORP SENIOR NOTE CPN 4.100% DUE 02/01/21 DTD 12/16		2013-06-24	2018-11-28
	OCCIDENTAL 4.1 020121 CORP SENIOR NOTE CPN 4.100% DUE 02/01/21 DTD 12/16		2017-08-18	2018-11-28
	ORACLE CORP 3.625 071523 NOTE CPN 3.625% DUE 07/15/23 DTD 07/16/13 FC 01/15		2017-08-22	2018-11-28
	PHILLIPS 66 4.3 040122 GTD SR NOTE CPN 4.300% DUE 04/01/22 DTD 10/01/12 F		2017-11-29	2018-11-28
	MS SR NOTE 5.5 072821 SR NOTE CPN 5.500% DUE 07/28/21 DTD 07/28/11 FC 01		2018-09-27	2018-11-28
	ABBVIE INC 2.5 051420 SR UNSECD NOTE CPN 2.500% DUE 05/14/20 DTD 05/14/1		2017-11-29	2018-11-28
	JPM NOTE 4.95 032520 NOTE CPN 4.950% DUE 03/25/20 DTD 03/25/10 FC 09/25		2014-04-07	2018-11-28
	JPM NOTE 4.95 032520 NOTE CPN 4.950% DUE 03/25/20 DTD 03/25/10 FC 09/25		2017-08-24	2018-11-28
	KEYCORP 5.1 032421 MEDIUM TERM SENIOR NOTE CPN 5.100% DUE 03/24/21 DT		2017-11-29	2018-11-28
	MICROSOFT CRP 4.2 060119 NOTE CPN 4.200% DUE 06/01/19 DTD 05/18/09 FC 12/01		2016-09-16	2018-11-28
	TARGET CORP 2.9 011522 NOTE CPN 2.900% DUE 01/15/22 DTD 01/12/12 FC 07/15		2017-11-29	2018-11-28
	UNITEDHEALTH2.875 031523 NOTE CPN 2.875% DUE 03/15/23 DTD 02/28/13 FC 09/15		2018-09-27	2018-11-28
	UST NOTE 2.125 022924 CPN 2.125% DUE 02/29/24 DTD 02/28/17 FC 08/31/17 5		2018-03-23	2018-11-28
	UST NOTE 2.125 022924 CPN 2.125% DUE 02/29/24 DTD 02/28/17 FC 08/31/17 1		2018-08-02	2018-11-28
	UST NOTE 2.125 051525 CPN 2.125% DUE 05/15/25 DTD 05/15/15 FC 11/15/15 3		2018-01-09	2018-11-28
	VERIZON COMMNS4.6 040121 NOTE CPN 4.600% DUE 04/01/21 DTD 03/28/11 FC 10/01		2011-09-13	2018-11-28
	UST NOTE 2.125 022924 CPN 2.125% DUE 02/29/24 DTD 02/28/17 FC 08/31/17 1		2017-11-29	2018-11-28
	UST BOND 3.125 081544 CPN 3.125% DUE 08/15/44 DTD 08/15/14 FC 02/15/15 2		2015-11-30	2018-11-28
	UST BOND 2.875 111546 CPN 2.875% DUE 11/15/46 DTD 11/15/16 FC 05/15/17 3		2017-01-27	2018-11-28
	UST BOND 2.875 111546 CPN 2.875% DUE 11/15/46 DTD 11/15/16 FC 05/15/17 5		2017-08-31	2018-11-28
	UST BOND 2.875 111546 CPN 2.875% DUE 11/15/46 DTD 11/15/16 FC 05/15/17 3		2018-10-09	2018-11-28
	UST BOND 3.125 081544 CPN 3.125% DUE 08/15/44 DTD 08/15/14 FC 02/15/15 3		2014-09-26	2018-11-28
	HUNTINGTON BAN2.3 011422 SUB NOTE CPN 2.300% DUE 01/14/22 DTD 08/09/16 FC 0		2017-11-29	2018-11-28
	MICROSOFT CRP 4.2 060119 NOTE CPN 4.200% DUE 06/01/19 DTD 05/18/09 FC 12/01		2017-08-18	2018-11-28
	BURLINGTON 3.85 090123 LLC DEBENTURE CPN 3.850% DUE 09/01/23 DTD 08/22/13		2018-10-25	2018-11-28
	CAP ONE FINL 3.2 020525 SR NOTE CPN 3.200% DUE 02/05/25 DTD 02/05/15 FC 08		2017-11-29	2018-11-28
	CISCO SYS 4.45 011520 SR NOTE CPN 4.450% DUE 01/15/20 DTD 11/17/09 FC 01		2014-08-27	2018-11-28
	CISCO SYS 4.45 011520 SR NOTE CPN 4.450% DUE 01/15/20 DTD 11/17/09 FC 01		2017-08-24	2018-11-28
	GS MTN 5.375 031520 MEDIUM TERM NOTE CPN 5.375% DUE 03/15/20 DTD 03/08		2017-08-31	2018-11-28
	BAC 4.1 072423 SR NOTE CPN 4.100% DUE 07/24/23 DTD 07/23/13 FC 01		2017-08-31	2018-11-28
	APPLE COMPUTER2.4 050323 SR NOTE CPN 2.400% DUE 05/03/23 DTD 05/03/13 FC 11		2018-06-14	2018-11-28
	AT&T INC 3.0 063022 NOTE CPN 3.000% DUE 06/30/22 DTD 05/04/15 FC 12/30		2018-09-27	2018-11-28
	AT&T INC 3.0 063022 NOTE CPN 3.000% DUE 06/30/22 DTD 05/04/15 FC 12/30		2018-10-25	2018-11-28
	BAC 4.1 072423 SR NOTE CPN 4.100% DUE 07/24/23 DTD 07/23/13 FC 01		2016-10-26	2018-11-28
	CITI SR NT 2.7 102722 SR NOTE CPN 2.700% DUE 10/27/22 DTD 10/27/17 FC 04		2018-10-25	2018-11-28
	BERKSHIRE 3.75 081521 SR NOTE CPN 3.750% DUE 08/15/21 DTD 08/15/11 FC 02		2017-11-29	2018-11-28
	GS MTN 5.375 031520 MEDIUM TERM NOTE CPN 5.375% DUE 03/15/20 DTD 03/08		2014-03-19	2018-11-28
	GS MTN 5.375 031520 MEDIUM TERM NOTE CPN 5.375% DUE 03/15/20 DTD 03/08		2017-03-28	2018-11-28
	COCA COLA 3.2 110123 NOTE CPN 3.200% DUE 11/01/23 DTD 11/01/13 FC 05/01		2018-10-25	2018-11-28
	COMCAST CORP3.125 071522 NOTE CPN 3.125% DUE 07/15/22 DTD 07/02/12 FC 01/15		2017-11-29	2018-11-28
	WAL MART NT 4.125 020119 NOTE CPN 4.125% DUE 02/01/19 DTD 01/23/09 FC 08/01		2017-02-10	2018-10-25
	WAL MART NT 4.125 020119 NOTE CPN 4.125% DUE 02/01/19 DTD 01/23/09 FC 08/01		2017-08-24	2018-10-25
	FHLMC MTN 3.75 032719 MEDIUM TERM NOTE CPN 3.750% DUE 03/27/19 DTD 03/27		2012-06-28	2018-10-25
	UST NOTE 2.125 022924 CPN 2.125% DUE 02/29/24 DTD 02/28/17 FC 08/31/17 3		2017-11-29	2018-09-27
	FHLMC MTN 3.75 032719 MEDIUM TERM NOTE CPN 3.750% DUE 03/27/19 DTD 03/27		2010-12-21	2018-08-02
	FHLMC MTN 3.75 032719 MEDIUM TERM NOTE CPN 3.750% DUE 03/27/19 DTD 03/27		2012-06-28	2018-08-02
	FNMA NOTE 1.875 021919 NOTE CPN 1.875% DUE 02/19/19 DTD 01/13/14 FC 02/19		2016-09-20	2018-08-02
	UST NOTE 2.125 051525 CPN 2.125% DUE 05/15/25 DTD 05/15/15 FC 11/15/15 9		2018-01-09	2018-04-30
	WAL MART NT 4.125 020119 NOTE CPN 4.125% DUE 02/01/19 DTD 01/23/09 FC 08/01		2017-02-10	2018-04-30
	FHLMC MTN 3.75 032719 MEDIUM TERM NOTE CPN 3.750% DUE 03/27/19 DTD 03/27		2010-12-21	2018-04-30
	UST NOTE 1.5 033119 CPN 1.500% DUE 03/31/19 DTD 03/31/12 FC 09/30/12 1		2015-10-06	2018-04-26
	UST NOTE 1.5 033119 CPN 1.500% DUE 03/31/19 DTD 03/31/12 FC 09/30/12 2		2012-09-26	2018-04-26
	UST NOTE 1.5 033119 CPN 1.500% DUE 03/31/19 DTD 03/31/12 FC 09/30/12 5		2015-09-16	2018-04-26
	FNMA NOTE 1.875 021919 NOTE CPN 1.875% DUE 02/19/19 DTD 01/13/14 FC 02/19		2016-09-20	2018-04-26
	UST NOTE 1.5 033119 CPN 1.500% DUE 03/31/19 DTD 03/31/12 FC 09/30/12 2		2012-09-26	2018-03-22
	UST NOTE 1.375 093018 CPN 1.375% DUE 09/30/18 DTD 09/30/11 FC 03/31/12 6		2017-11-29	2018-01-09
	UST NOTE 1.5 033119 CPN 1.500% DUE 03/31/19 DTD 03/31/12 FC 09/30/12 1		2012-09-26	2018-01-09
	FHLMC GO7961 RETURN PRIN			2018-12-15
	FHLMC GO7961 RETURN PRIN			2019-01-15
	FHLMC GO8807 RETURN PRIN			2018-12-15
	FHLMC GO8807 RETURN PRIN			2019-01-15
	FHLMC GO8542 RETURN PRIN			2018-12-15
	FHLMC GO8542 RETURN PRIN			2019-01-15
	FHLMC GO8623 RETURN PRIN			2018-12-15
	FHLMC GO8623 RETURN PRIN			2019-01-15
	FHLMC GO8624 RETURN PRIN			2018-12-15
	FHLMC GO8624 RETURN PRIN			2019-01-15
	FHLMC GO8669 RETURN PRIN			2018-12-15
	FHLMC GO8669 RETURN PRIN			2019-01-15
	FHLMC GO8659 RETURN PRIN			2018-12-15
	FHLMC GO8659 RETURN PRIN			2019-01-15
	FHLMC GO8700 RETURN PRIN			2018-12-15
	FHLMC GO8700 RETURN PRIN			2019-01-15
	FHLMC GO8682 RETURN PRIN			2018-12-15
	FHLMC GO8682 RETURN PRIN			2019-01-15
	FHLMC GO8747 RETURN PRIN			2018-12-15
	FHLMC GO8747 RETURN PRIN			2019-01-15
	FHLMC C09071 RETURN PRIN			2018-12-15
	FHLMC C09071 RETURN PRIN			2019-01-15
	FHLMC A86314 RETURN PRIN			2018-12-15
	FHLMC A86314 RETURN PRIN			2019-01-15
	FHLMC V80530 RETURN PRIN			2018-12-15
	FHLMC V80530 RETURN PRIN			2019-01-15
	FHLMC V81760 RETURN PRIN			2018-12-15
	FHLMC V81760 RETURN PRIN			2019-01-15
	FNMA 310104 RETURN PRIN			2018-12-25
	FNMA 310104 RETURN PRIN			2019-01-25
	FNMA AH5583 RETURN PRIN			2018-12-25
	FNMA AH5583 RETURN PRIN			2019-01-25
	FNMA AJ 7688 RETURN PRIN			2018-12-25
	FNMA AJ 7688 RETURN PRIN			2019-01-25
	FNMAS AK5545 RETURN PRIN			2018-12-25
	FNMAS AK5545 RETURN PRIN			2019-01-25
	FNMA AL5213 RETURN PRIN			2018-12-25
	FNMA AL5213 RETURN PRIN			2019-01-25
	FNMA AS0907 RETURN PRIN			2018-12-25
	FNMA AS0907 RETURN PRIN			2019-01-25
	FNMA AS4168 RETURN PRIN			2018-12-25
	FNMA AS4168 RETURN PRIN			2019-01-25
	FNMA AS4169 RETURN PRIN			2018-12-25
	FNMA AS4169 RETURN PRIN			2019-01-25
	FNMA AS4783 RETURN PRIN			2018-12-25
	FNMA AS4783 RETURN PRIN			2019-01-25
	FNMA AS5696 RETURN PRIN			2018-12-25
	FNMA AS5696 RETURN PRIN			2019-01-25
	FNMA AS6408 RETURN PRIN			2018-12-25
	FNMA AS6408 RETURN PRIN			2019-01-25
	FNMA AS 6520 RETURN PRIN			2018-12-25
	FNMA AS 6520 RETURN PRIN			2019-01-25
	FNMA AS9459 RETURN PRIN			2018-12-25
	FNMA AS9459 RETURN PRIN			2019-01-25
	FNMA AS9490 RETURN PRIN			2018-12-25
	FNMA AS9490 RETURN PRIN			2019-01-25
	FNMA AV6368 RETURN PRIN			2018-12-25
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	FNMA AW8992 RETURN PRIN			2018-12-25
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	FNMA AX3195 RETURN PRIN			2018-12-25
	FNMA AX3195 RETURN PRIN			2019-01-25
	FNMA AX7732 RETURN PRIN			2018-12-25
	FNMA AX7732 RETURN PRIN			2019-01-25
	FNMA AZ6973 RETURN PRIN			2018-12-25
	FNMA AZ6973 RETURN PRIN			2019-01-25
	FNMA BA2889 RETURN PRIN			2018-12-25
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	FNMA BM1066 RETURN PRIN			2018-12-25
	FNMA BM1066 RETURN PRIN			2019-01-25
	FNMS SB1389 RETURN PRIN			2018-12-25
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	FNMA AB3314 RETURN PRIN			2018-12-25
	FNMA AB3314 RETURN PRIN			2019-01-25
	FNMA MA 1732 RETURN PRIN			2018-12-25
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	FNMA MA2671 RETURN PRIN			2018-12-25
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	FNMA MA2371 RETURN PRIN			2018-12-25
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	FNMA MA2771 RETURN PRIN			2018-12-25
	FNMA MA2771 RETURN PRIN			2019-01-25
	FNMA MA2960 RETURN PRIN			2018-12-25
	FNMA MA2960 RETURN PRIN			2019-01-25
	FNMA MA3026 RETURN PRIN			2018-12-25
	FNMA MA3026 RETURN PRIN			2019-01-25
	FNMA MA3027 RETURN PRIN			2018-12-25
	FNMA MA3027 RETURN PRIN			2019-01-25
	FNMA MA3120 RETURN PRIN			2018-12-25
	FNMA MA3120 RETURN PRIN			2019-01-25
	FNMA MA3211 RETURN PRIN			2018-12-25
	FNMA MA3211 RETURN PRIN			2019-01-25
	FNMA MA3276 RETURN PRIN			2018-12-25
	FNMA MA3276 RETURN PRIN			2019-01-25
	FNMA MA 3442 RETURN PRIN			2018-12-25
	FNMA MA 3442 RETURN PRIN			2019-01-25
	FNMA AD5093 RETURN PRIN			2018-12-25
	FNMA AD5093 RETURN PRIN			2019-01-25
	FNMA AD5093 RETURN PRIN			2018-12-25
	FNMA AD5093 RETURN PRIN			2019-01-25
	ISHS CORE MSCI E/MKT ETF EMERGING MARKETS ETF 12 shs		2017-06-06	2018-12-12
	SPDR PORT SMALL CAP ETF SMALL CAP ETF 1509 shs		2018-04-10	2018-12-12
	INV OPTIMUM YLD K1 ETF OPTIMUM YLD DIVERSIFIED COMMODITY STR K1 ETF 1060 s		2018-03-16	2018-12-12
	TECH SEL SECT SPDR ETF SELECT SECTOR SPDR 519 shs		2018-01-09	2018-12-12
	ISHS S&P TTL US STK ETF U S STOCK MARKET ETF 373 shs		2012-11-08	2018-10-19
	ISHS EDGE MSCI MIN ETF EDGE MSCI MIN VOLATILITY ETF 370 shs		2015-08-11	2018-10-19
	FIRST TRUST SENIOR LOAN FUND ETF 184 shs		2018-07-12	2018-10-19
	VNGRD S&P 500 ETF INDEX ETF 28 shs		2018-10-11	2018-10-19
	ISHS EDGE MSCI MIN ETF EDGE MSCI MIN VOLATILITY ETF 77 shs		2016-01-07	2018-10-19
	INV S&P 500 EQUAL ETF WEIGHT ETF 176 shs		2017-03-14	2018-10-19
	SPDR S&P MDCP 400 ETF 35 shs		2017-02-09	2018-10-19
	JPM DIVS RET INTL EQ ETF DIVERSIFIED RETURN INTL EQUITY ETF 130 shs		2017-06-06	2018-10-11
	JPM DIVS RET INTL EQ ETF DIVERSIFIED RETURN INTL EQUITY ETF 746 shs		2016-05-11	2018-10-11
	TECH SEL SECT SPDR ETF SELECT SECTOR SPDR 586 shs		2017-05-11	2018-09-11
	TECH SEL SECT SPDR ETF SELECT SECTOR SPDR 6 shs		2018-01-09	2018-09-11
	INV OPTIMUM YLD K1 ETF OPTIMUM YLD DIVERSIFIED COMMODITY STR K1 ETF 690 sh		2018-03-16	2018-07-12
	INV OPTIMUM YLD K1 ETF OPTIMUM YLD DIVERSIFIED COMMODITY STR K1 ETF 1567 s		2017-07-12	2018-07-12
	INV OPTIMUM YLD K1 ETF OPTIMUM YLD DIVERSIFIED COMMODITY STR K1 ETF 968 sh		2017-09-11	2018-07-12
	OSI FTSE US QUAL DIV ETF FTSE U S QUALITY DIVIDEND ETF 356 shs		2016-12-06	2018-07-12
	SPDR PORT E/MKTS ETF EMERGING MARKETS ETF 943 shs		2017-11-08	2018-07-12
	PWRSH QQQ ETF 106 shs		2016-10-13	2018-04-10
	PWRSH QQQ ETF 86 shs		2017-09-11	2018-04-10
	FT LGCP CORE ALPHADX ETF CORE ALPHADEX ETF 234 shs		2016-01-07	2018-04-10
	ISHS CORE S&P 500 ETF 106 shs		2016-01-07	2018-03-16
	ISHS CORE S&P 500 ETF 34 shs		2014-09-15	2018-03-16
	ISHS CORE S&P 500 ETF 29 shs		2013-09-11	2018-03-16
	PWRSH QQQ ETF 189 shs		2016-10-13	2018-02-07
	WSDMTR U S DLR BLLSH ETF BLOOMBERG U S DOLLAR BULLISH FUND 857 shs		2016-05-11	2018-02-07
	SPDR BLACKSTONE GSO ETF BLACKSTONE GSO SR LN ETF 886 shs		2017-05-11	2018-01-09
	ISHS SHORT TREASURY ETF SHORT TREASURY BOND ETF		2018-03-22	2018-12-31
	ANNALY CAPITAL MANAGEMENT INC		2013-12-31	2018-12-14
	PROCTER & GAMBLE CO		2012-01-26	2018-12-06
	PROCTER & GAMBLE CO		2013-12-31	2018-12-06
	CISCO SYSTEMS INC		2013-12-31	2018-11-13
	LOWES COMPANIES INC		2017-08-23	2018-10-19
	MCKESSON CORP		2016-12-01	2018-10-19
	MEDTRONIC PLC		2015-01-27	2018-10-19
	MOLSON COORS BREWNG CL B COMPANY CLASS B		2018-04-24	2018-10-19
	AMERISOURCEBERGEN CORP		2018-08-30	2018-10-19
	JOHNSON & JOHNSON		2012-01-26	2018-10-19
	EXXON MOBIL CORP		2011-09-30	2018-10-19
	EXELON CORP		2015-04-17	2018-10-19
	EXXON MOBIL CORP		2011-12-07	2018-10-19
	EXXON MOBIL CORP		2013-08-14	2018-10-19
	GLAXOSMITHKLINE PLC ADR SPON ADR		2015-12-23	2018-10-19
	PEPSICO INC		2012-01-26	2018-10-19
	PPG INDUSTRIES INC		2016-10-25	2018-10-19
	U S BANCORP DE NEW		2010-12-13	2018-10-19
	WELLS FARGO & CO NEW NEW		2012-01-26	2018-10-19
	U S BANCORP DE NEW		2013-01-31	2018-10-19
	UPS INC B INC CL B		2017-03-09	2018-10-19
	TRAVELERS COS INC		2009-11-27	2018-10-19
	TARGET CORP		2014-02-19	2018-10-19
	ISHS SHORT TREASURY ETF SHORT TREASURY BOND ETF		2018-03-22	2018-10-19
	EXELON CORP		2013-12-31	2018-10-19
	PROCTER & GAMBLE COMPANY		2012-01-26	2018-10-19
	QUALCOMM INC		2015-01-30	2018-10-19
	VERIZON COMMNS INC INC		2016-09-15	2018-10-19
	LOWES COMPANIES INC		2017-08-21	2018-10-19
	CISCO SYSTEMS INC		2012-01-26	2018-10-19
	ANNALY CAPITAL MANAGEMENT INC		2013-12-31	2018-10-19
	CONOCOPHILLIPS		2016-11-11	2018-10-19
	AMERN EXPRESS CO		2015-02-13	2018-10-19
	AMERN EXPRESS CO		2015-07-24	2018-10-19
	EBAY INC		2016-06-27	2018-10-19
	LOWES COMPANIES INC		2017-08-21	2018-08-22
	WALMART INC		2014-05-27	2018-08-17
	EXELON CORP		2013-12-31	2018-08-17
	WALMART INC		2016-01-04	2018-08-17
	WALMART INC		2015-08-19	2018-08-17
	KROGER COMPANY		2017-06-21	2018-08-08
	TAIWAN SEMICON MFG CO MANUFACTURING CO LTD SPON ADR		2013-12-31	2018-08-03
	TAIWAN SEMICON MFG CO MANUFACTURING CO LTD SPON ADR		2013-08-20	2018-08-03
	MICROSOFT CORP		2013-12-31	2018-06-01
	MICROSOFT CORP		2016-04-22	2018-06-01
	SUNTRUST BANKS INC		2016-02-05	2018-05-11
	TAIWAN SEMICON MFG CO MANUFACTURING CO LTD SPON ADR		2013-08-20	2018-05-11
	SUNTRUST BANKS INC		2012-01-12	2018-05-11
	CISCO SYSTEMS INC		2012-01-26	2018-05-11
	PPG INDUSTRIES INC		2016-10-25	2018-05-11
	CONOCOPHILLIPS		2016-11-11	2018-05-11
	QUALCOMM INC		2015-01-30	2018-05-11
	SCHLUMBERGER LTD		2017-11-28	2018-05-11
	EXELON CORP		2013-11-11	2018-05-11
	TORCHMARK CORP		2012-01-26	2018-05-11
	WALMART INC		2014-05-27	2018-05-11
	VERIZON COMMS INC INC		2016-09-15	2018-05-11
	WELLS FARGO & CO NEW NEW		2012-01-26	2018-05-11
	AMERN EXPRESS CO		2015-02-13	2018-05-11
	ISHS SHORT TREASURY ETF SHORT TREASURY BOND ETF		2018-03-22	2018-05-11
	UPS INC B INC CL B		2017-03-09	2018-05-11
	U S BANCORP DE NEW		2010-12-13	2018-05-11
	TARGET CORP		2014-02-19	2018-05-11
	CISCO SYSTEMS INC		2012-01-24	2018-05-11
	TRAVELERS COMPANIES INC		2009-11-27	2018-05-11
	U S BANCORP DE NEW		2010-06-18	2018-05-11
	TARGET CORP		2013-12-31	2018-05-11
	PNC FINL SVCS GROUP INC GROUP INC		2012-01-26	2018-05-11
	DIAMOND OFFSHORE DRLNG DRILLING INC		2017-06-08	2018-05-11
	EBAY INC		2015-07-23	2018-05-11
	EXXON MOBIL CORP		2011-09-30	2018-05-11
	EXXON MOBIL CORP		2011-08-12	2018-05-11
	KROGER COMPANY		2017-06-21	2018-05-11
	GLAXOSMITHKLINE PLC ADR SPON ADR		2012-01-26	2018-05-11
	HONDA MTR LTD ADR ADR REPSTG 2 ORD SHS		2014-11-20	2018-05-11
	JOHNSON & JOHNSON		2012-01-26	2018-05-11
	GLAXOSMITHKLINE PLC ADR SPON ADR		2015-12-23	2018-05-11
	GLAXOSMITHKLINE PLC ADR SPON ADR		2013-12-31	2018-05-11
	MCKESSON CORP		2016-12-01	2018-05-11
	EXXON MOBIL CORP		2011-08-11	2018-05-11
	MICROSOFT CORP		2013-12-31	2018-05-11
	EXELON CORP		2013-12-31	2018-05-11
	NATIONAL GRID ADR 2017 SPON ADR NEW 2017		2018-02-21	2018-05-11
	MOLSON COORS BREWNG CL B COMPANY CLASS B		2018-04-24	2018-05-11
	DIAMOND OFFSHORE DRLNG DRILLING INC		2016-01-04	2018-05-11
	MICROSOFT CORP		2012-01-26	2018-05-11
	EXXON MOBIL CORP		2011-08-05	2018-05-11
	MEDTRONIC PLC		2015-01-27	2018-05-11
	EBAY INC		2016-06-27	2018-05-11
	AMERN EXPRESS CO		2012-01-26	2018-04-30
	GLAXOSMITHKLINE PLC ADR SPON ADR		2012-01-26	2018-04-30
	AMERN EXPRESS CO		2015-02-13	2018-04-30
	TORCHMARK CORP		2012-01-26	2018-04-30
	SUNTRUST BANKS INC		2012-01-12	2018-04-30
	CVS HEALTH CORP		2017-03-09	2018-04-04
	CVS HEALTH CORP		2016-12-01	2018-04-04
	CONOCOPHILLIPS		2016-11-11	2018-03-29
	CVS HEALTH CORP		2016-12-01	2018-03-20
	EBAY INC		2015-07-23	2018-03-07
	PNC FINL SVCS GROUP INC GROUP INC		2012-01-26	2018-02-26
	UPS INC B INC CL B		2017-03-09	2018-01-23
	DIAMOND OFFSHORE DRLNG DRILLING INC		2016-01-04	2018-01-23
	CISCO SYSTEMS INC		2011-10-06	2018-01-23
	KROGER COMPANY		2017-06-21	2018-01-23
	CONOCOPHILLIPS		2016-11-11	2018-01-23
	DIAMOND OFFSHORE DRLNG DRILLING INC		2014-12-02	2018-01-23
	TARGET CORP		2012-01-26	2018-01-23
	CISCO SYSTEMS INC		2012-01-24	2018-01-23
	LOWES COMPANIES INC		2017-08-21	2018-01-23
	DIAMOND OFFSHORE DRLNG DRILLING INC		2014-12-05	2018-01-23
	TARGET CORP		2017-11-24	2018-12-26
	CIGNA CORP NEW NEW		2018-11-21	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2017-11-24	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-11-21	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-10-24	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2017-11-24	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-05-16	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-05-16	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-10-24	2018-12-24
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2018-05-16	2018-12-10
	HALLIBURTON COMPANY		2017-11-24	2018-12-10
	HALLIBURTON COMPANY		2018-10-24	2018-12-10
	HALLIBURTON COMPANY		2017-11-24	2018-12-10
	INCYTE CORP		2018-01-25	2018-12-10
	STATE STREET CORP		2018-05-16	2018-12-10
	STATE STREET CORP		2018-10-24	2018-12-10
	STATE STREET CORP		2018-11-21	2018-12-10
	STATE STREET CORP		2018-11-21	2018-12-10
	OCCIDENTAL PETRO CORP CORP		2018-10-24	2018-12-10
	OCCIDENTAL PETRO CORP CORP		2018-10-24	2018-12-10
	INCYTE CORP		2018-11-21	2018-12-10
	INCYTE CORP		2018-05-16	2018-12-10
	OCCIDENTAL PETRO CORP CORP		2018-05-16	2018-12-10
	INCYTE CORP		2018-11-21	2018-12-10
	HALLIBURTON COMPANY		2017-11-24	2018-12-10
	BOEING CO		2018-05-16	2018-10-31
	PRAXAIR INC		2018-10-24	2018-10-31
	PRAXAIR INC		2017-11-24	2018-10-31
	PRAXAIR INC		2017-11-24	2018-10-25
	CHARTER COMMNS INC NEW A INC NEW CL A		2018-02-27	2018-10-25
	PHILIP MORRIS INTL INC		2017-11-24	2018-10-25
	PROCTER & GAMBLE COMPANY		2017-11-24	2018-10-25
	OCCIDENTAL PETRO CORP CORP		2017-11-24	2018-10-25
	PHILIP MORRIS INTL INC		2018-03-27	2018-10-25
	BLUEBIRD BIO INC		2017-11-24	2018-10-25
	COMCAST CORP A NEW		2018-05-16	2018-10-25
	BLUEBIRD BIO INC		2018-05-16	2018-10-25
	OCCIDENTAL PETRO CORP CORP		2018-10-24	2018-10-25
	BLUEBIRD BIO INC		2017-11-24	2018-10-25
	WELLS FARGO & CO NEW NEW		2018-05-17	2018-09-27
	NEWELL BRANDS INC		2018-05-16	2018-09-27
	NEWELL BRANDS INC		2017-11-24	2018-09-27
	NEWELL BRANDS INC		2018-05-16	2018-09-27
	QUALCOMM INC		2017-11-24	2018-09-27
	QUALCOMM INC		2018-05-16	2018-09-27
	STARBUCKS CORP		2017-11-24	2018-09-27
	STARBUCKS CORP		2018-05-16	2018-08-21
	ROCHE HLDNG LTD SPNS ADR SPONSORED ADR		2017-11-24	2018-08-21
	NEWELL BRANDS INC		2017-11-24	2018-08-21
	ROCHE HLDNG LTD SPNS ADR SPONSORED ADR		2018-03-27	2018-07-25
	ENBRIDGE INC		2017-11-24	2018-07-25
	ENBRIDGE INC		2018-05-16	2018-07-25
	CH ROBINSON WORLDWID NEW INC NEW		2017-11-24	2018-07-25
	CH ROBINSON WORLDWID NEW INC NEW		2018-05-16	2018-06-07
	ASTRAZENECA PLC ADR SPONSORED ADR		2017-11-24	2018-06-07
	ASTRAZENECA PLC ADR SPONSORED ADR		2017-11-24	2018-05-17
	APPLE INC		2017-11-24	2018-05-17
	NORWEGIAN CRUISE LINE HOLDINGS LTD		2018-01-25	2018-05-17
	DIGITAL REALTY TRUST INC		2018-05-16	2018-05-17
	NORWEGIAN CRUISE LINE HOLDINGS LTD		2018-05-16	2018-05-17
	DIGITAL REALTY TRUST INC TRUST INC		2017-11-24	2018-05-17
	DOLLAR GENERAL CORP NEW		2017-11-24	2018-05-17
	HEXCEL CORP NEW		2018-05-16	2018-05-17
	DOLLAR GENERAL CORP NEW		2017-11-24	2018-03-27
	ANALOG DEVICES INC		2017-11-24	2018-03-27
	AMAZON.COM INC		2017-11-24	2018-03-27
	HP INC		2017-11-24	2018-03-27
	CARNIVAL CORP PAIRD CTF 1 COM CARNIVL CRP & 1 TR SH BEN INT P&O PRINCESS		2017-11-24	2018-03-27
	CANADIAN NATL RAILWAY CO RAILWAY COMPANY		2017-11-24	2018-02-27
	UNILEVER PLC SPONS ADR SPONSORED ADR NEW		2017-11-24	2018-02-27
	CERNER CORP		2017-11-24	2018-02-27
	MONSANTO COMPANY NEW		2017-11-24	2018-01-25
	EXPRESS SCRIPTS HLDG CO HOLDING CO		2017-11-24	2018-01-25
	EXXON MOBIL CORP		2017-11-24	2018-01-25
	TEXAS INSTRUMENTS INC		2017-11-24	2018-01-25
	NEVRO CORP		2017-11-14	2018-07-25
	NEVRO CORP		2017-01-30	2018-07-25
	MAXLINEAR INC		2018-01-26	2018-07-12
	FACEBOOK INC CL A		2015-07-17	2018-04-25
	PEPSICO INC		2009-11-25	2018-04-23
	PEPSICO INC		2013-01-31	2018-04-23
	PEPSICO INC		2013-12-31	2018-04-23
	BIOGEN INC		2015-07-27	2018-02-20
	MAXIMUS INC		2013-12-31	2018-02-20
	MAXIMUS INC		2013-07-02	2018-02-20
	CHURCH & DWIGHT COMPANY COMPANY INC		2013-12-31	2018-02-02
	PEPSICO INC		2009-11-25	2018-02-02
	ELI LILLY & COMPANY		2017-01-30	2018-01-26
	AETNA INC NEW NEW		2017-10-20	2018-01-25
	SNYDERS LANCE INC		2017-09-22	2018-01-05
	PRICELINE GROUP INC		2013-12-31	2018-01-05
	PRICELINE GROUP INC		2013-01-31	2018-01-05
	PRICELINE GROUP INC		2010-12-08	2018-01-05
	OPPEN DEV MKT Y DEVELOPING MARKETS CL Y		2014-06-10	2018-10-24
	OPPEN DEV MKT Y DEVELOPING MARKETS CL Y		2014-06-10	2018-10-18
	OPPEN DEV MKT Y DEVELOPING MARKETS CL Y		2014-06-10	2018-09-04
	PIMCO FXD INC-580		2017-12-01	2018-11-20
	UST NOTE 2.25		2017-10-25	2018-09-06
	UST NOTE 2.25		2018-07-24	2018-09-06
	UST NOTE 2.0		2017-09-01	2018-07-23
	PIMCO FXD INC SHS-880			2018-05-01
	PIMCO FXD INC SHS-1100			2018-09-06
	PIMCO FXD INC SHS-24070			2018-11-20
	PIMCO FXD INC SHS M-570			2018-05-01
	PIMCO FXD INC SHS-1310			2018-09-06
	PIMCO FXD INC SHS-24630			2018-11-20
	FNMA BOND 6.25			2018-09-06
	FNMA NOTE 1.875			2018-09-06
	UST BOND 3.125			2018-09-06
	UST BOND 2.875			2018-09-06
	UST NITE 2.0			2018-12-31
	UST NOTE 2.0			2018-12-31
	UST NOTE 2.0			2018-12-31
	VARIOUS FNMA RETURN PRIN			2018-12-31
	ADJUSTED GAIN			2018-12-31
	Capital Gains 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	35,610	37,980	-2,370
b	10,698	12,844	-2,146
c	6,526	7,792	-1,266
d	4,077	4,800	-723
e	10,767	10,097	670
	4,058	10,095	-6,037
	3,526	2,550	976
	7,509	10,097	-2,588
	2,861	1,608	1,253
	4,504	2,115	2,389
	2,331	1,487	844
	4,716	2,847	1,869
	1,871	2,013	-142
	4,819	5,053	-234
	1,795	746	1,049
	37,500	34,409	3,091
	37,500	34,360	3,140
	57	32	25
	5,230	4,011	1,219
	2,779	1,717	1,062
	7,192	4,449	2,743
	8,640	8,698	-58
	9,421	7,858	1,563
	3,756	1,302	2,454
	5,980	4,775	1,205
	1,560	1,286	274
	3,160	2,759	401
	3,100	2,851	249
	3,441	2,710	731
	4,188	3,926	262
	3,394	2,632	762
	4,090	2,583	1,507
	4,108	3,259	849
	5,594	3,013	2,581
	2,912	1,813	1,099
	3,366	1,514	1,852
	8,867	5,220	3,647
	4,258	3,433	825
	4,509	2,615	1,894
	5,015	3,997	1,018
	2,843	1,646	1,197
	3,520	1,496	2,024
	3,411	2,402	1,009
	2,699	1,212	1,487
	3,787	1,636	2,151
	1,214	609	605
	7,450	2,642	4,808
	13,042	5,632	7,410
	250,000	217,923	32,077
	250,000	236,602	13,398
	45,543	45,625	-82
	10,121	10,404	-283
	55,108	58,014	-2,906
	45,721	47,292	-1,571
	20,877	20,992	-115
	49,254	50,118	-864
	40,842	41,153	-311
	15,316	15,576	-260
	46,534	47,662	-1,128
	20,155	20,304	-149
	34,662	35,596	-934
	14,570	14,625	-55
	4,814	4,842	-28
	16,368	16,361	7
	33,311	34,199	-888
	51,314	51,408	-94
	12,517	12,919	-402
	26,059	27,664	-1,605
	28,418	29,811	-1,393
	4,584	5,138	-554
	2,750	2,730	20
	2,895	2,944	-49
	42,982	44,390	-1,408
	35,272	35,482	-210
	10,133	10,163	-30
	41,706	44,693	-2,987
	35,528	35,871	-343
	20,302	20,619	-317
	15,351	15,635	-284
	20,103	21,146	-1,043
	9,545	9,616	-71
	14,530	14,626	-96
	1,937	1,942	-5
	35,181	36,981	-1,800
	14,334	14,391	-57
	45,722	46,903	-1,181
	27,632	27,768	-136
	15,351	15,562	-211
	14,873	14,865	8
	39,434	40,964	-1,530
	25,073	25,172	-99
	15,044	15,104	-60
	2,010	2,020	-10
	30,654	31,801	-1,147
	45,413	45,127	286
	8,073	8,125	-52
	19,950	20,103	-153
	8,554	8,794	-240
	15,181	15,300	-119
	10,132	10,039	93
	14,896	15,065	-169
	19,861	20,101	-240
	4,965	5,010	-45
	39,878	40,306	-428
	21,861	22,123	-262
	59,843	59,885	-42
	18,909	19,127	-218
	195	195	0
	135	135	0
	16	16	0
	6	6	0
	12	12	0
	9	9	0
	84	84	0
	63	63	0
	85	85	0
	67	67	0
	16	16	0
	15	15	0
	173	173	0
	155	155	0
	17	17	0
	14	14	0
	29	29	0
	24	24	0
	113	113	0
	110	110	0
	135	135	0
	102	102	0
	19	19	0
	18	18	0
	4	4	0
	4	4	0
	330	330	0
	29	29	0
	60	60	0
	59	59	0
	43	43	0
	72	72	0
	9	9	0
	7	7	0
	32	32	0
	11	11	0
	27	27	0
	5	5	0
	81	81	0
	60	60	0
	48	48	0
	27	27	0
	2	2	0
	2	2	0
	35	35	0
	17	17	0
	27	27	0
	18	18	0
	14	14	0
	18	18	0
	14	14	0
	16	16	0
	19	19	0
	90	90	0
	11	11	0
	21	21	0
	19	19	0
	57	57	0
	4	4	0
	48	48	0
	7	7	0
	2	2	0
	10	10	0
	51	51	0
	3	3	0
	3	3	0
	41	41	0
	20	20	0
	52	52	0
	31	31	0
	40	40	0
	41	41	0
	3	3	0
	9	9	0
	55	55	0
	64	64	0
	24	24	0
	22	22	0
	22	22	0
	24	24	0
	233	233	0
	196	196	0
	39	39	0
	28	28	0
	104	104	0
	113	113	0
	31	31	0
	26	26	0
	39	39	0
	39	39	0
	30	30	0
	24	24	0
	24	24	0
	20	20	0
	12	12	0
	10	10	0
	16	16	0
	15	15	0
	24	24	0
	28	28	0
	586	606	-20
	43,519	45,527	-2,008
	17,161	18,327	-1,166
	34,752	34,544	208
	23,450	11,785	11,665
	20,457	15,568	4,889
	8,854	8,827	27
	7,096	7,084	12
	4,257	3,152	1,105
	17,712	15,935	1,777
	11,901	10,904	997
	7,080	7,379	-299
	40,627	37,307	3,320
	43,610	32,448	11,162
	447	399	48
	12,192	11,930	262
	27,689	24,649	3,040
	17,104	16,030	1,074
	11,175	9,565	1,610
	33,750	35,230	-1,480
	16,998	12,381	4,617
	13,791	12,531	1,260
	13,703	9,762	3,941
	29,493	20,913	8,580
	9,460	6,803	2,657
	8,069	4,932	3,137
	30,781	22,075	8,706
	21,604	22,385	-781
	41,951	42,050	-99
	6,618	6,619	-1
	28,699	23,302	5,397
	16,199	11,482	4,717
	368	326	42
	18,679	9,207	9,472
	3,491	2,508	983
	10,781	11,462	-681
	18,150	14,377	3,773
	8,445	10,079	-1,634
	14,169	13,376	793
	16,720	7,874	8,846
	2,796	2,524	272
	4,811	3,627	1,184
	8,881	8,689	192
	1,480	1,608	-128
	13,027	13,065	-38
	24,310	14,727	9,583
	6,068	5,490	578
	13,820	6,943	6,877
	8,547	4,770	3,777
	314	199	115
	10,421	9,551	870
	7,534	3,125	4,409
	24,903	17,049	7,854
	79,459	79,423	36
	6,998	4,404	2,594
	7,838	5,872	1,966
	11,241	10,511	730
	19,789	18,562	1,227
	4,488	3,306	1,182
	7,825	3,386	4,439
	8,143	6,776	1,367
	8,832	5,228	3,604
	4,794	3,511	1,283
	6,925	4,932	1,993
	8,984	6,929	2,055
	16,069	11,019	5,050
	1,989	1,509	480
	16,782	10,322	6,460
	29,842	18,207	11,635
	34,318	23,522	10,796
	22,023	16,192	5,831
	29,240	12,198	17,042
	6,057	2,297	3,760
	13,975	5,197	8,778
	20,108	10,314	9,794
	9,554	4,800	4,754
	7,996	3,169	4,827
	6,137	1,813	4,324
	6,912	2,988	3,924
	23,591	20,587	3,004
	24,247	15,249	8,998
	12,417	13,911	-1,494
	24,969	21,735	3,234
	12,135	8,595	3,540
	8,613	3,011	5,602
	10,362	9,434	928
	19,504	20,624	-1,120
	20,508	11,181	9,327
	23,048	17,557	5,491
	71,687	71,702	-15
	25,959	23,877	2,082
	3,203	1,631	1,572
	1,051	852	199
	17,280	7,383	9,897
	16,500	6,511	9,989
	16,172	7,330	8,842
	16,473	14,906	1,567
	11,382	4,502	6,880
	5,852	3,276	2,576
	3,290	2,408	882
	4,149	3,786	363
	7,485	6,659	826
	22,718	20,658	2,060
	11,750	13,330	-1,580
	15,742	14,752	990
	15,791	8,202	7,589
	1,593	1,633	-40
	9,559	12,766	-3,207
	22,262	21,490	772
	7,810	6,679	1,131
	21,116	8,075	13,041
	16,180	11,010	5,170
	22,924	21,072	1,852
	22,886	26,997	-4,111
	9,521	9,912	-391
	880	267	613
	15,133	14,004	1,129
	25,777	22,701	3,076
	6,387	3,688	2,699
	8,955	4,547	4,408
	15,078	16,945	-1,867
	3,483	2,731	752
	10,916	3,763	7,153
	11,753	3,605	8,148
	23,562	29,526	-5,964
	7,101	8,398	-1,297
	19,187	14,160	5,027
	29,298	35,499	-6,201
	46,882	30,448	16,434
	45,780	17,106	28,674
	15,192	12,204	2,988
	1,475	1,549	-74
	4,000	1,575	2,425
	15,325	11,725	3,600
	22,721	16,338	6,383
	11,212	16,842	-5,630
	7,452	4,835	2,617
	8,211	3,839	4,372
	20,281	13,958	6,323
	16,817	25,057	-8,240
	22,747	18,395	4,352
	132	138	-6
	1,585	1,585	0
	60	39	21
	23	24	-1
	1,777	1,768	9
	4,083	1,282	2,801
	3,555	2,061	1,494
	53	41	12
	26	26	0
	2,257	4,081	-1,824
	2,843	4,050	-1,207
	1,524	1,784	-260
	6,345	9,555	-3,210
	3,980	6,865	-2,885
	3,146	4,964	-1,818
	1,990	2,112	-122
	1,348	1,525	-177
	1,224	1,375	-151
	3,995	4,312	-317
	2,551	2,412	139
	3,074	3,011	63
	3,480	4,561	-1,081
	5,102	5,247	-145
	997	1,090	-93
	11,115	9,048	2,067
	8,009	7,770	239
	4,577	4,540	37
	9,807	9,212	595
	7,292	7,587	-295
	1,818	2,095	-277
	12,304	12,249	55
	7,583	7,536	47
	11,271	12,799	-1,528
	2,452	3,802	-1,350
	11,347	11,334	13
	1,985	3,005	-1,020
	1,861	2,280	-419
	1,284	1,283	1
	13,017	13,444	-427
	7,661	10,115	-2,454
	7,191	9,293	-2,102
	266	367	-101
	2,230	1,754	476
	5,827	5,570	257
	9,921	9,842	79
	11,594	11,409	185
	2,933	2,694	239
	8,724	11,280	-2,556
	3,704	3,775	-71
	3,637	3,149	488
	15,178	16,147	-969
	3,925	3,696	229
	4,655	4,067	588
	3,781	3,795	-14
	4,727	4,387	340
	8,596	8,051	545
	4,085	4,331	-246
	6,127	6,435	-308
	3,404	3,429	-25
	5,282	5,335	-53
	9,300	8,330	970
	11,195	9,591	1,604
	8,041	7,995	46
	4,878	4,606	272
	7,866	5,878	1,988
	8,051	7,656	395
	4,326	4,327	-1
	5,192	5,745	-553
	5,107	5,558	-451
	16,119	17,713	-1,594
	9,584	9,229	355
	4,848	3,657	1,191
	9,560	8,789	771
	5,743	5,143	600
	7,744	9,677	-1,933
	1,501	2,128	-627
	7,639	11,973	-4,334
	11,016	6,572	4,444
	921	568	353
	307	218	89
	12,175	9,890	2,285
	12,280	11,893	387
	11,847	7,747	4,100
	8,280	4,448	3,832
	12,473	8,905	3,568
	7,760	4,105	3,655
	7,470	6,525	945
	16,924	13,973	2,951
	13,356	9,950	3,406
	18,107	11,563	6,544
	1,811	682	1,129
	7,243	1,661	5,582
	18,000	19,606	-1,606
	50,000	53,134	-3,134
	20,000	19,460	540
	5,736	5,980	-244
	4,758	7,918	-3,160
	3,876	3,849	27
	6,835	7,082	-247
	8,818	10,850	-2,032
	11,033	13,563	-2,530
	238,052	286,092	-48,040
	5,729	6,156	-427
	13,283	14,148	-865
	245,807	263,360	-17,553
	1,277	1,333	-56
	3,674	3,662	12
	3,041	2,944	97
	2,900	2,885	15
	35,626	36,387	-761
	12,865	12,569	296
	55,655	58,285	-2,630
	31,854	31,854	0
	309,060		309,060
	119,761		119,761

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			-2,370
b			-2,146
c			-1,266
d			-723
e			670
			-6,037
			976
			-2,588
			1,253
			2,389
			844
			1,869
			-142
			-234
			1,049
			3,091
			3,140
			25
			1,219
			1,062
			2,743
			-58
			1,563
			2,454
			1,205
			274
			401
			249
			731
			262
			762
			1,507
			849
			2,581
			1,099
			1,852
			3,647
			825
			1,894
			1,018
			1,197
			2,024
			1,009
			1,487
			2,151
			605
			4,808
			7,410
			32,077
			13,398
			-82
			-283
			-2,906
			-1,571
			-115
			-864
			-311
			-260
			-1,128
			-149
			-934
			-55
			-28
			7
			-888
			-94
			-402
			-1,605
			-1,393
			-554
			20
			-49
			-1,408
			-210
			-30
			-2,987
			-343
			-317
			-284
			-1,043
			-71
			-96
			-5
			-1,800
			-57
			-1,181
			-136
			-211
			8
			-1,530
			-99
			-60
			-10
			-1,147
			286
			-52
			-153
			-240
			-119
			93
			-169
			-240
			-45
			-428
			-262
			-42
			-218
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			-20
			-2,008
			-1,166
			208
			11,665
			4,889
			27
			12
			1,105
			1,777
			997
			-299
			3,320
			11,162
			48
			262
			3,040
			1,074
			1,610
			-1,480
			4,617
			1,260
			3,941
			8,580
			2,657
			3,137
			8,706
			-781
			-99
			-1
			5,397
			4,717
			42
			9,472
			983
			-681
			3,773
			-1,634
			793
			8,846
			272
			1,184
			192
			-128
			-38
			9,583
			578
			6,877
			3,777
			115
			870
			4,409
			7,854
			36
			2,594
			1,966
			730
			1,227
			1,182
			4,439
			1,367
			3,604
			1,283
			1,993
			2,055
			5,050
			480
			6,460
			11,635
			10,796
			5,831
			17,042
			3,760
			8,778
			9,794
			4,754
			4,827
			4,324
			3,924
			3,004
			8,998
			-1,494
			3,234
			3,540
			5,602
			928
			-1,120
			9,327
			5,491
			-15
			2,082
			1,572
			199
			9,897
			9,989
			8,842
			1,567
			6,880
			2,576
			882
			363
			826
			2,060
			-1,580
			990
			7,589
			-40
			-3,207
			772
			1,131
			13,041
			5,170
			1,852
			-4,111
			-391
			613
			1,129
			3,076
			2,699
			4,408
			-1,867
			752
			7,153
			8,148
			-5,964
			-1,297
			5,027
			-6,201
			16,434
			28,674
			2,988
			-74
			2,425
			3,600
			6,383
			-5,630
			2,617
			4,372
			6,323
			-8,240
			4,352
			-6
			0
			21
			-1
			9
			2,801
			1,494
			12
			0
			-1,824
			-1,207
			-260
			-3,210
			-2,885
			-1,818
			-122
			-177
			-151
			-317
			139
			63
			-1,081
			-145
			-93
			2,067
			239
			37
			595
			-295
			-277
			55
			47
			-1,528
			-1,350
			13
			-1,020
			-419
			1
			-427
			-2,454
			-2,102
			-101
			476
			257
			79
			185
			239
			-2,556
			-71
			488
			-969
			229
			588
			-14
			340
			545
			-246
			-308
			-25
			-53
			970
			1,604
			46
			272
			1,988
			395
			-1
			-553
			-451
			-1,594
			355
			1,191
			771
			600
			-1,933
			-627
			-4,334
			4,444
			353
			89
			2,285
			387
			4,100
			3,832
			3,568
			3,655
			945
			2,951
			3,406
			6,544
			1,129
			5,582
			-1,606
			-3,134
			540
			-244
			-3,160
			27
			-247
			-2,032
			-2,530
			-48,040
			-427
			-865
			-17,553
			-56
			12
			97
			15
			-761
			296
			-2,630
			0
			309,060
			119,761

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	881,624
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	678,812	12,665,367	0.053596
2016	374,382	11,968,696	0.031280
2015	451,662	12,529,803	0.036047
2014	467,857	12,062,464	0.038786
2013	513,859	12,420,068	0.041373

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

0.201082

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 ......

0.040216

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

11,791,725

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

474,216

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

9,056

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

483,272

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

530,276

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	9,056
	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	9,056
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	9,056
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	10,720
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	0

7	Total credits and payments. Add lines 6a through 6d..............		7	10,720
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	152
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	1,512
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax1,512	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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 .

Yes

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

N/A

The books are in care of bullet

K B MORGAN Telephone no. bullet

(336) 271-2870

Located at bullet

405 BATTLEGROUND AVE SUITE 101GREENSBORONC ZIP+4 bullet

27401

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
KATHARINE THOMAS	DIRECTOR 0.10	0	0	141
3802 SWARTHMORE RD DURHAM,NC27707	DIRECTOR 0.10	0	0	141
E JACK WALKER	DIRECTOR,SECRETARY 0.15	0	0	141
3802 SWARTHMORE RD DURHAM,NC27707	DIRECTOR,SECRETARY 0.15	0	0	141
EDWIN THOMAS	DIRECTOR 0.10	0	0	141
3802 SWARTHMORE RD DURHAM,NC27707	DIRECTOR 0.10	0	0	141
CHARLES FULLER	DIRECTOR 0.10	0	0	141
3802 SWARTHMORE RD DURHAM,NC27707	DIRECTOR 0.10	0	0	141
JOHN S THOMAS	PRESIDENT 35.00	170,315	14,993	1,240
3802 SWARTHMORE RD DURHAM,NC27707	PRESIDENT 35.00	170,315	14,993	1,240
KENNETH B MORGAN	DIRECTOR,VICE PRES,TREAS 10.00	49,536	4,602	143
405 BATTLEGROUND AVE SUITE 101 GREENSBORO,NC27401	DIRECTOR,VICE PRES,TREAS 10.00	49,536	4,602	143

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
JOHN S THOMAS	PRESIDENT 35.00	170,315	14,993	1,240
3802 SWARTHMORE RD DURHAM,NC27707	PRESIDENT 35.00	170,315	14,993	1,240
KENNETH B MORGAN	DIRECTOR,VICE PRES,T 20.00	49,536	4,602	143
405 BATTLEGROUND AVE SUITE 101 GREENSBORO,NC27401	DIRECTOR,VICE PRES,T 20.00	49,536	4,602	143






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

11,380,655

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

590,639

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

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

11,971,294

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

11,971,294

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

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

179,569

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

11,791,725

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

589,586

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

589,586

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

9,056

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

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

9,056

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

580,530

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

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

580,530

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

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

580,530

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 ..........

530,276

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

530,276

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

9,056

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

521,220

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				580,530
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......			244,274
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2018:
a From 2013......
b From 2014......
c From 2015......
d From 2016......
e From 2017......
fTotal of lines 3a through e........	0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 530,276
a Applied to 2017, but not more than line 2a			244,274
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.....				286,002
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 ..........				294,528
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....
b Excess from 2015....
c Excess from 2016....
d Excess from 2017....
e Excess from 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 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:

MR JOHN S THOMAS
3802 SWARTHMORE ROAD
DURHAM,NC27707
(919) 403-9498

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

APPLICATIONS SHOULD BE SUBMITTED IN LETTER FORM.

cAny submission deadlines:

NONE

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

NONE

Form 990-PF (2018)

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
AMERICANS FOR PROSPERITY FOUNDATION 1726 M STREET 10TH FL WASHINGTON,DC20036	NONE	PUBLIC CHARITY	GENERAL SUPPORT	5,000
AMISTAD MISSION 55 SCOTT ST BUFORD,GA30158	NONE	PUBLIC CHARITY	GENERAL SUPPORT	20,000
BILLY GRAHAM EVANGELISTIC ASSOCIATION 1 BILLY GRAHAM PARKWAY CHARLOTTE,NC282010001	NONE	PUBLIC CHARITY	GENERAL SUPPORT	10,000
DUKE UNIVERSITY BOX 90482 DURHAM,NC27708	NONE	PUBLIC CHARITY	COMPREHENSIVE CANCER CENTER	20,000
EPISCOPAL CHURCH OF THE HOLY COMFORTER 2701 PARK ROAD CHARLOTTE,NC28209	NONE	PUBLIC CHARITY	GENERAL SUPPORT	5,500
EXPONENT PHILANTHOPY 4905 DEL RAY AVE BETHESDA,MD20814	NONE	PUBLIC CHARITY	GENERAL SUPPORT	1,000
HOMEWARD BOUND OF WESTERN NC INC PO BOX 1166 ASHVILLE,NC28801	NONE	PUBLIC CHARITY	GENERAL SUPPORT	5,000
MISSION TRAINING INTERNATIONAL PO BOX 1220 PALMER LAKE,CO80133	NONE	PUBLIC CHARITY	MISSIONARY STAFF SUPPORT	2,500
NATIONAL RIGHT TO WORK LEGAL DEFENSE FOUNDATION 8001 BRADDOCK RD SPRINGFIELD,VA22160	NONE	PUBLIC CHARITY	GENERAL SUPPORT	10,000
NATIONAL TAXPAYERS UNION FOUNDATION 108 NORTH ALFRED ST ALEXANDRIA,VA22314	NONE	PUBLIC CHARITY	GENERAL SUPPORT	20,000
OMICRON DELTA KAPPA FOUNDATION 224 MCLAUGHLIN STREET LEXINGTON,VA244502002	NONE	PUBLIC CHARITY	GENERAL SUPPORT	25,000
REX HOSPITAL FOUNDATION 2500 BLUE RIDGE PARKWAY STE 325 RALEIGH,NC27507	NONE	PUBLIC CHARITY	GENERAL SUPPORT	2,500
SCHOOLHOUSE OF WONDER 5101-B N ROXBORO ST DURHAM,NC27704	NONE	PUBLIC CHARITY	SCHOLARSHIPS	7,500
SERVE NOW PO BOX 50890 COLORADO SPRINGS,CO80949	NONE	PUBLIC CHARITY	GENERAL SUPPORT	15,000
ST STEPHENS EPISCOPAL CHURCH 82 KIMBERLY DR DURHAM,NC27707	NONE	PUBLIC CHARITY	YOUTH PROGRAMS	2,500
THALES ACADEMY 4161 PARAGON PARK RALEIGH,NC276163174	NONE	PUBLIC CHARITY	SCHOLARSHIPS	5,000
THE BURNT SWAMP BAPTIST ASSOCIATION PO BOX 1207 PEMBROKE,NC28372	NONE	PUBLIC CHARITY	GENERAL SUPPORT	10,000
THE EMILY KRYZEWSKI FAMILY LIFE CENTER 904 WEST CHAPEL HILL STREET DURHAM,NC27701	NONE	PUBLIC CHARITY	GENERAL SUPPORT	2,500
THE JESSE HELMS CENTER FOUNDATION PO BOX 247 WINGATE,NC28270	NONE	PUBLIC CHARITY	GENERAL SUPPORT	50,000
THE JOHN LOCK FOUNDATION 200 WEST MORGAN ST SUITE 200 RALEIGH,NC27601	NONE	PUBLIC CHARITY	EA MORRIS FELLOWSHIP PROGRAM	115,000
TRINITY EPISCOPAL SCHOOL 750 E 9TH ST CHARLOTTE,NC28202	NONE	PUBLIC CHARITY	GENERAL SUPPORT	2,000
UNC LAW FOUNDATION VAN HECKE WETACCH HALL 160 RIDGE RD CHAPEL HILL,NC27599	NONE	PUBLIC CHARITY	GENERAL SUPPORT	2,500
UNC-CHARLOTTE FOUNDATION 9201 UNIVERSITY CITY BLVD CHARLOTTE,NC28223	NONE	PUBLIC CHARITY	SCHOLARSHIPS	5,000
WESTMINSTER PRESBYTERIAN CHURCH 3639 OLD CHAPEL HILL RD DURHAM,NC27707	NONE	CHURCH	GENERAL SUPPORT	2,500
YOUNG AMERICA'S FOUNDATION 11480 COMMERCE PARK DRIVE 6TH FLOOR RESTON,VA20191	NONE	PUBLIC CHARITY	GENERAL SUPPORT	20,000
Total ................................. 3a				366,000

bApproved for future payment

Total ................................. 3b				0

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	128,308
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	881,624
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,009,932	0

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

1,009,932

(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

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
TELEPHONE	2012-12-13	62	62	SL	5.000000000000	0	0
Ipad & accessories	2015-12-16	772	327	SL	5.000000000000	154	0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
Stifel Equities-0454	1,485,116	1,553,456
Stifel Equities-1453	859,018	750,146
Stifel Equities-4556	352,941	305,697
Stifel Equities-5244	542,423	689,444
Stifel Equities-5965	652,971	657,701
Stifel Equities-6546	165,244	144,780
Stifel Equities-6707	2,121,859	2,030,919
Stifel Equities-9259	917,670	1,415,298
Stifel Equities-9777	299,570	303,845
Stifel Equities-9969	1,084,862	961,819

Description	Revenue and Expenses per Books	Net Investment Income
DUES	750	0
TELEPHONE & INTERNET	750	0
OFFICE SUPPLIES	353	0
PAYROLL PROCESSING	1,257	0
INVESTMENT MANAGEMENT FEES	70,592	70,592
OTHER INVESTMENT FEES	1,712	1,712

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX W/H	3,303	3,303		0
FEDERAL EXCISE TAX PAID	17,711	17,711		0