Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE SAUNDERS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 10477
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TAMPA, FL336790477
A Employer identification number

59-6152326
B Telephone number (see instructions)

(813) 229-0804
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$15,716,331J 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... 480,875 480,875  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,290,739
b Gross sales price for all assets on line 6a 5,304,081
7 Capital gain net income (from Part IV, line 2)... 1,290,739
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........ 1,771,614 1,771,614  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 47,000 9,400   37,600
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,704 0   3,704
b Accounting fees (attach schedule)....... Click to see attachment 3,440 0   3,440
c Other professional fees (attach schedule).... Click to see attachment 104,106 74,330   29,777
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,537 2,863   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 16,238 11,706   4,532
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,046 0   5,046
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 198,071 98,299   84,099
25 Contributions, gifts, grants paid....... 762,500 762,500
26 Total expenses and disbursements. Add lines 24 and 25 960,571 98,299   846,599
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 811,043
b Net investment income (if negative, enter -0-) 1,673,315
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 75,206 504,708 504,708
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,145,313 Click to see attachment6,000,786 10,637,687
c Investments—corporate bonds (attach schedule)....... 5,130,293 Click to see attachment4,655,240 4,572,693
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment122 Click to see attachment1,243 Click to see attachment1,243
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,350,934 11,161,977 15,716,331
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 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........ 10,350,934 11,161,977
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 10,350,934 11,161,977
31 Total liabilities and net assets/fund balances (see instructions). 10,350,934 11,161,977
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
10,350,934
2
Enter amount from Part I, line 27a .....................
2
811,043
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
11,161,977
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
11,161,977
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 CAPITAL GAIN DISTRIBUTIONS P    
b 425.0 SHS 3M COMPANY COMMON P 2017-01-01 2018-02-26
c 2875.0 SHS ABBVIE INC COM P 2017-01-01 2018-07-17
d 35.0 SHS ABBVIE INC COM P 2010-10-07 2018-07-17
e 1140.0 SHS ABBVIE INC COM P 2017-01-01 2018-02-26
715.0 SHS AIR PRODUCTS & CHEMICAL P 2018-01-01 2018-07-17
185.0 SHS AIR PRODUCTS & CHEMICAL P 2016-04-19 2018-07-17
285.0 SHS APPLE INC P 2016-08-16 2018-06-05
9637.0 SHS AT&T INC P 2017-01-01 2018-05-08
250000.0 SHS BECTON DICKINSON & CO SENIOR NOTE P 2013-06-11 2018-02-08
610.0 SHS BLACKROCK INC P 2018-02-26 2018-07-17
725.0 SHS BOEING CO P 2016-08-16 2018-02-26
60.0 SHS BOEING CO P 2016-08-16 2018-06-05
3500.0 SHS BRISTOL MYERS SQUIB CO P 2017-08-21 2018-06-05
555.0 SHS CHUBB LIMITED P 2017-09-25 2018-06-05
250.0 SHS CHUBB LIMITED P 2016-03-24 2018-06-05
1370.0 SHS CISCO SYS INC P 2017-01-01 2018-06-05
2420.0 SHS DOMINION RES INC VA NEW P 1994-12-23 2018-04-16
4445.824 SHS DUKE ENERGY CORP P 2017-01-01 2018-02-26
532.176 SHS DUKE ENERGY CORP P 2011-04-28 2018-02-26
1232.0 SHS EATON CORP PLC P 2018-10-03 2018-11-14
9840.0 SHS ENBRIDGE INC COM P 2017-01-01 2018-05-08
5815.0 SHS FIDELITY NATIONAL FINANCIAL INC COM P 2018-02-26 2018-10-03
645.0 SHS GENUINE PARTS CO P 2017-01-01 2018-10-03
200000.0 SHS HALLIBURTON CO SR NT DTD 08/05/2013 P 2013-09-10 2018-08-01
5000.0 SHS HANESBRANDS INC P 2017-08-21 2018-03-28
630.0 SHS INTEL CORP P 1994-07-19 2018-06-05
780.0 SHS INTERNATIONAL BUSINESS MACHINES COM P 2017-12-15 2018-07-17
500.0 SHS LOCKHEED MARTIN CORP P 2017-03-06 2018-07-17
1430.0 SHS MICROSOFT CORP P 1993-07-30 2018-02-26
760.0 SHS PAYCHEK INC COMMON P 2009-03-25 2018-06-05
2915.0 SHS QUALCOMM INC COMMON P 2017-03-06 2018-05-08
5385.0 SHS SOUTHERN CO P 2015-09-25 2018-02-26
2105.0 SHS STARBUCKS CORP COM P 2017-09-22 2018-06-05
1000.0 SHS TEXAS INSTRUMENTS INC COM STK P 2018-06-05 2018-10-03
2000.0 SHS WELLTOWER INC COM P 2017-01-01 2018-04-16
2000.0 SHS WELLTOWER INC COM P 2017-01-01 2018-04-16
250000.0 SHS WESTERN UNION CO SR NT DTD 08/22/2011 P 2013-04-25 2018-08-22
(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 1,697     1,697
b 102,991   11,174 91,817
c 275,464   108,038 167,426
d 3,354   961 2,393
e 137,511   30,167 107,344
111,323   106,399 4,924
28,804   25,249 3,555
54,946   31,257 23,689
305,589   201,789 103,800
251,121   255,233 -4,112
307,420   341,826 -34,406
262,295   97,573 164,722
21,715   8,075 13,640
181,237   198,143 -16,906
72,499   79,302 -6,803
32,657   29,891 2,766
59,694   38,888 20,806
155,785   35,436 120,349
346,757   141,645 205,112
41,508   29,718 11,790
89,695   107,691 -17,996
306,644   202,685 103,959
228,049   234,693 -6,644
63,573   59,881 3,692
200,000   200,000 0
92,474   116,248 -23,774
35,707   2,284 33,423
112,234   118,997 -6,763
158,880   133,896 24,984
136,018   3,285 132,733
50,854   17,898 32,956
152,932   160,910 -7,978
237,186   239,125 -1,939
117,304   115,859 1,445
108,283   117,075 -8,792
104,941   102,651 2,290
104,940   59,400 45,540
250,000   250,000 0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,697
b       91,817
c       167,426
d       2,393
e       107,344
      4,924
      3,555
      23,689
      103,800
      -4,112
      -34,406
      164,722
      13,640
      -16,906
      -6,803
      2,766
      20,806
      120,349
      205,112
      11,790
      -17,996
      103,959
      -6,644
      3,692
      0
      -23,774
      33,423
      -6,763
      24,984
      132,733
      32,956
      -7,978
      -1,939
      1,445
      -8,792
      2,290
      45,540
      0
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 1,290,739
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 810,197 16,381,441 0.049458
2016 783,617 15,503,557 0.050544
2015 758,180 15,247,466 0.049725
2014 740,731 15,480,811 0.047848
2013 731,746 14,659,557 0.049916
2
Total of line 1, column (d) .....................
2
0.247491
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
0.049498
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
16,390,702
5
Multiply line 4 by line 3......................
5
811,307
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
16,733
7
Add lines 5 and 6........................
7
828,040
8
Enter qualifying distributions from Part XII, line 4,.............
8
846,599
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 16,733
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 16,733
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 16,733
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 17,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,250
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,250
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 37
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,480
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,480 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletKATHLEEN BELMONTE Telephone no.bullet (813) 229-0804

    Located atbulletPO BOX 10477TAMPAFL ZIP+4bullet336790477
    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
    0
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SOLON F O'NEAL JR TRUSTEE
    4.00     		12,000 0 0
    PO BOX 10477
    TAMPA,FL33679
    GEORGE B HOWELL III TRUSTEE
    3.00     		12,000 0 0
    PO BOX 10477
    TAMPA,FL33679
    KATHLEEN J BELMONTE TRUSTEE
    8.00     		12,000 0 0
    PO BOX 10477
    TAMPA,FL33679
    FRED DOBBINS TRUSTEE
    3.00     		11,000 0 0
    PO BOX 10477
    TAMPA,FL336790477
    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
    SABAL TRUST COMPANY SEE STATEMENT 9 104,106
    200 CENTRAL AVENUE SUITE 220
    ST PETERSBURG,FL33701
    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.........................bullet0
    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
    16,097,966
    b
    Average of monthly cash balances.......................
    1b
    542,341
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,640,307
    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
    16,640,307
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    249,605
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,390,702
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    819,535
    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
    819,535
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    16,733
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,733
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    802,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    802,802
    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
    802,802
    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
    846,599
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    846,599
    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
    16,733
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    829,866
    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 7 802,802
    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......  
    b From 2014......  
    c From 2015...... 10,201
    d From 2016...... 29,453
    e From 2017...... 11,399
    fTotal of lines 3a through e........ 51,053
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 846,599
    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..... 802,802
    e Remaining amount distributed out of corpus 43,797
    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 94,850
    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 ......     		94,850
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 10,201
    c Excess from 2016.... 29,453
    d Excess from 2017.... 11,399
    e Excess from 2018.... 43,797
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KATHLEEN BELMONTE
    PO BOX 10477
    TAMPA,FL33679
    (813) 229-0804
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED ON FORMS PROVIDED BY THE SAUNDERS FOUNDATION.
    cAny submission deadlines:
    APPLICATIONS ACCEPTED AT ANY TIME
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS APPROVED PRIMARILY FOR THE TAMPA BAY GEOGRAPHIC AREA.
    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
    A BRIGHTER COMMUNITY INC
    1613 N MARION ST
    TAMPA,FL33602     		NONE PC FOR HIGH-QUALITY PSYCHOLOGICAL & DEVELOPMENTAL SUPPORT SERVICES FOR 60 LOW-INCOME CHILDREN OF THE TAMPA HEIGHTS NEIGHBORHOOD 15,000
    A KID'S PLACE
    1715 LITHIA PINECREST RD
    BRANDON,FL33511     		NONE PC FOR THE SIBLINGS CONNECTED PROGRAM 24,000
    BROOKWOOD FL INC
    901 7TH AVE S
    ST PETERSBURG,FL33705     		NONE PC FOR THE THERAPEUTIC RESIDENTIAL CARE PROGRAM FOR ABUSED, NEGLECTED, & AT-RISK TEEN GIRLS 5,000
    CHAMPIONS FOR CHILDREN
    3108 WEST AZEELE STREET
    TAMPA,FL33609     		NONE PC FOR ANNUAL HOLIDAY STORE FOR GIFTS FOR CHILDREN IN NEED 4,350
    CHAMPIONS FOR CHILDREN
    3108 WEST AZEELE STREET
    TAMPA,FL33609     		NONE PC FOR ANNUAL HOLIDAY STORE FOR GIFTS FOR CHILDREN IN NEED 650
    CHAMPIONS FOR CHILDREN
    3108 WEST AZEELE STREET
    TAMPA,FL33609     		NONE PC FOR THE KIDS ON THE BLOCK CHILD ABUSE AND BULLYING PREVENTION PROGRAMS 12,500
    COMMUNITY FOUNDATION OF TAMPA BAY
    4300 W CYPRESS STREET SUITE 700
    TAMPA,FL33607     		NONE PC TO SUPPORT FIVE CEO AND TRUSTEE LEADERSHIP PROGRAMS 10,000
    COMMUNITY FOUNDATION OF TAMPA BAY
    4300 W CYPRESS STREET SUITE 700
    TAMPA,FL33607     		NONE PC FOR THE WRITING, PUBLICATION, & DISTRIBUTION OF LEADERSHIP & MANAGEMENT HANDBOOK FOR NONPROFIT CEO 25,000
    CORPORATION TO DEVELOP COMMUNITIES OF TAMPA INC
    1907 E HILLSBOROUGH AVE 100
    TAMPA,FL33610     		NONE PC FOR THE YOUTH SUCCESS CENTER 12,500
    ECKERD COLLEGE INC
    4200 54TH AVENUE SOUTH
    ST PETERSBURG,FL33711     		NONE PC FOR THE ASPEC MINORITY MENTORING ANNUAL SCHOLARSHIP 15,000
    FISH & WILDLIFE FOUNDATION OF FLORIDA
    PO BOX 11010
    TALLAHASSEE,FL32302     		NONE PC TO COMPLETE PROJECT CONSTRUCTION OF WHEELCHAIR-ACCESSIBLE BOARDWALK & FISHING PIER AT SUNCOAST YOUTH CONSERVATION CENTER - APOLLO BEACH 28,000
    FLORIDA HOUSE ON CAPITOL HILL
    NUMBER ONE SECOND STREET NORTHEAST
    WASHINGTON,DC20002     		NONE PC ANNUAL CONTRIBUTION 2,000
    FLORIDA WEST COAST PUBLIC BROADCASTING
    1300 NORTH BOULEVARD
    TAMPA,FL33607     		NONE PC FOR THE 52 WEEK MONDAY NIGHT AIRINGS OF NIGHTLY BUSINESS REPORT 27,500
    GIRL SCOUTS OF WEST CENTRAL FLORIDA INC
    4610 EISENHOWER BLVD
    TAMPA,FL33634     		NONE PC TO SUPPORT STEM PROGRAMMING TO GIRLS THROUGHOUT EIGHT COUNTY AREA 20,000
    H LEE MOFFITT CANCER CENTER & RESEARCH
    12902 MAGNOLIA DRIVE
    TAMPA,FL33612     		NONE PC FOR THE SPARK PROGRAM 25,000
    HABITAT FOR HUMANITY OF HILLSBOROUGH CO
    3738 E HILLSBOROUGH AVENUE
    TAMPA,FL33610     		NONE PC FOR THE CONSTRUCTION OF WILLIAMS' FAMILY HOME 10,000
    HENRY B PLANT MUSEUM
    401 W KENNEDY BLVD
    TAMPA,FL33606     		NONE PC TO UNDERWRITE HENRY PLANT'S 200TH BIRTHDAY EXHIBIT 4,000
    HILLSBOROUGH EDUCATION FOUNDATION
    2306 N HOWARD AVE
    TAMPA,FL33606     		NONE PC FOR THE GEORGE EDGECOMB BAR ASSOCIATION INC. SCHOLARSHIP PROGRAM FOR DISADVANTAGED STUDENTS 5,000
    HOLLINS UNIVERSITY
    7916 WILLIAMSON RD
    ROANOKE,VA24019     		NONE PC FOR THE RUBY LEE SAUNDERS SCHOLARSHIP 25,000
    JUDEO CHRISTIAN HEALTH CLINIC INC
    4118 N MACDILL AVE
    TAMPA,FL33607     		NONE PC TO SUPPORT SALARY OF REFERRAL COORDINATOR POSITION 25,000
    JUNIOR ACHIEVEMENT OF TAMPA BAY INC
    13707 N 22ND STREET
    TAMPA,FL33613     		NONE PC FOR THE CAREER CENTER HUB FOR TRADES OPERATION WITHIN JA FINANCE PARK 50,000
    LIFEPATH HOSPICE INC
    3010 W AZEELE STREET
    TAMPA,FL33609     		NONE PC TO HELP UNDERWRITE THE COST OF THE CIRCLE OF LOVE CENTER FOR GREIVING CHILDREN & CAMP CIRCLE OF LOVE 24,000
    METROPOLITAN MINISTRIES
    2002 NORTH FLORIDA AVE
    TAMPA,FL33602     		NONE PC FOR CHILDREN'S NEEDS 5,000
    OASIS NETWORK OF NEW TAMPA
    16057 TAMPA PALMS BLVD W 315
    TAMPA,FL33647     		NONE PC TO PROVIDE SOCKS AND UNDERWEAR FOR 1,800 NEEDY STUDENTS IN HILLSBOROUGH COUNTY 18,000
    QUANTUM LEAP FARM INC
    10401 WOODSTOCK RD
    ODESSA,FL33556     		NONE PC FOR THE ACTIVE & RETIRED MILITARY EQUINE-ASSISTED THERAPY SCHOLARSHIP FUND 20,000
    SOUTHEASTERN GUIDE DOGS
    4210 77TH STREET EAST
    PALMETTO,FL34221     		NONE PC TO REPLACE AND UPGRADE COMPUTER SERVERS 25,000
    TAMPA BAY HISTORY CENTER
    801 OLD WATER STREET
    TAMPA,FL33602     		NONE PC FOR THE CHARTING THE FUTURE CAMPAIGN 100,000
    TAMPA BAY PERFORMING ARTS CENTER STRAZ
    1010 NWC MACINNES PL
    TAMPA,FL33602     		NONE PC TO HELP PROVIDE BROAD INCLUSIVE ACCESS TO HIGH QUALITY ARTS EDUCATION THROUGH 2018-19 ARTS EDUCATION PROGRAM 50,000
    TAMPA METROPOLITAN AREA YMCA
    110 E OAK AVE
    TAMPA,FL33602     		NONE PC TO SUPPORT THE VEGGIE VAN PROGRAM 10,000
    THE CENTRE FOR WOMEN INC
    305 S HYDE PARK AVENUE
    TAMPA,FL33606     		NONE PC TO AWARD THE CENTER FOR GIRLS STEAM CURRICULUM 10,000
    THE CHILDREN'S HOME NETWORK
    10909 MEMORIAL HWY
    TAMPA,FL33615     		NONE PC FOR CAMPUS ACTIVITIES, RECREATIONAL AND EDUCATIONAL INITIATIVE PROGRAM 10,000
    THE CHILDREN'S HOME NETWORK
    10909 MEMORIAL HWY
    TAMPA,FL33615     		NONE PC FOR CHILDREN'S HOLIDAY NEEDS 5,000
    THE FLORIDA ORCHESTRA
    244 2ND AVE NORTH 420
    ST PETERSBURG,FL33701     		NONE PC FOR THE COMMUNITY ENGAGEMENT PROGRAMS 35,000
    THE SALVATION ARMY
    2815 S MACDILL AVE
    TAMPA,FL33629     		NONE PC FOR THE HURRICANE MICHAEL DISASTER RELIEF EMERGENCY ASSISTANCE PROGRAM 25,000
    THE SALVATION ARMY
    2815 S MACDILL AVE
    TAMPA,FL33629     		NONE PC FOR CHILDREN'S HOLIDAY NEEDS 5,000
    THE UNIVERSITY OF TAMPA
    401 W KENNEDY BLVD
    TAMPA,FL33606     		NONE PC FOR THE JAMES M. KELLY MEMORIAL SCHOLARSHIP 25,000
    VIRGINIA TECH FOUNDATION INC
    902 PRICES FORK RD SUITE 4500
    BLACKSBURG,VA24061     		NONE PC FOR THE WILLIAM NEWBILL SAUNDERS SCHOLARSHIP 40,000
    WHEELCHAIRS 4 KIDS INC
    1976 S PINELLAS AVE
    TARPON SPRINGS,FL34689     		NONE PC TO PURCHASE CUSTOM WHEELCHAIRS, HOME, & VEHICLE MODS (AND OTHER ASSISTANCE EQUIPMENT) 10,000
    Total .................................bullet 3a 762,500
    bApproved for future payment
    Total .................................bullet 3b 0
    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....     14 480,875  
    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 1,290,739  
    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 1,771,614 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,771,614
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,440 0   3,440

    TY 2018 GeneralExplanationAttachment
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Identifier Return Reference Explanation
      PART VII-B, LINE (1)(A)(4) - STATEMENT REGARDING DISQUALIFIED PERSONS CERTAIN OFFICERS OF THE FOUNDATION ARE PARTNERS OR CORPORATE OFFICERS OF FIRMS THAT RECEIVE COMPENSATION FOR THE PERFORMANCE OF SERVICES, WHICH ARE REASONABLE AND NECESSARY TO CARRY OUT THE EXEMPT PURPOSE OF THE SAUNDERS FOUNDATION. SUCH COMPENSATION IS DEEMED NOT TO BE EXCESSIVE.
    COMPENSATION EXPLANATION PART VIII, LINE 3 INFORMATION ABOUT OFFICERS, DIRECTORS, TRUSTEES SABAL TRUST COMPANY200 CENTRAL AVENUE, SUITE 220ST. PETERSBURG, FL 33701COMPENSATION EXPLANATION: SABAL TRUST COMPANY PROVIDES CUSTODIAN SERVICES, INVESTMENT MANAGEMENT SERVICES AND ADMINISTRATIVE SERVICES.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NEW YORK MELLON MNT FR 3.25% 201,912 197,674
    CVS HEALTH CORPORATION SR GLBL NT 3.5% 207,558 198,628
    CHEVRON CORP NOTE 3.191% 207,107 199,686
    ORACLE CORP 2.375% 1/15/19 200,118 199,952
    PEPSICO INC 2.25% 1/07/19 200,065 199,976
    COLGATE PALMOLIVE CO MTN FR 3.25% 207,844 201,008
    BERKSHIRE HATHAWAY INC 4.25% 1/15/21 200,814 205,142
    HONEYWELL INTERNATIONAL INC 4.25% 3/1/21 200,993 205,636
    JPMORGAN CHASE & CO SR NT 2.7% 253,537 240,132
    EATON CORP SR NT DTD 11/02/2013 251,919 243,147
    APPLE INC 253,762 243,750
    AT&T INC SR UNSEC NOTE 3% 2/15/22 246,828 245,690
    AIR PRODUCTS & CHEMICALS INC SR 2.75% 253,976 245,780
    BOEING CO SR GLBL NT 2.35% 252,771 246,177
    BANK OF AMERICA CORP FR 2.625% 252,370 247,380
    BIOGEN INC SR NT DTD 08/15/2015 251,448 248,137
    HOME DEPOT INC SR GLBL NT 2% 251,297 249,288
    FLORIDA PWR CORP 3.1% 8/15/21 253,000 249,645
    COCA-COLA CO 3.15% 11/15/20 253,662 251,715
    HEWLETT-PACKARD CO 4.3% 6/01/21 254,259 254,150

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AUTOMATIC DATA PROCESSING INC 53,796 52,448
    DIAGEO PLC SPONSORED ADR NEW 54,608 52,466
    WALGREENS BOOTS ALLIANCE INC COM 65,273 60,404
    SYSCO CORP 77,943 77,886
    GENERAL MILLS INC 93,623 80,216
    EMERSON ELECTRIC CO 109,764 90,222
    HOME DEPOT INC 94,616 91,924
    PROLOGIS INC 110,528 101,527
    UNILEVER PLC SPONSORED ADR NEW 112,054 105,022
    AFLAC INC 106,925 107,294
    GENERAL ELECTRIC CO 168,636 134,784
    MERCK & CO INC 110,839 137,538
    AMERICAN WATER WORKS CO INC 141,794 146,593
    SOUTHERN CO 149,066 147,308
    PUBLIC STORAGE 172,496 162,940
    DUKE ENERGY CORP 151,037 166,818
    WASTE MANAGEMENT INC 157,957 167,924
    ROYAL DUTCH PLC ADR 206,720 172,148
    VERIZON COMMUNICATIONS INC 149,326 178,498
    APPLE INC 125,028 179,824
    EXXON MOBIL CORP 38,529 187,386
    MEDTRONIC PLC 173,973 198,748
    OCCIDENTAL PETROLEUM CORP 229,454 208,385
    CISCO SYSTEMS INC 154,058 212,317
    NEXTERA ENERGY INC 227,239 233,962
    PFIZER 179,678 242,476
    PEPSICO INC 19,957 243,056
    AMGEN INC 203,021 243,337
    CME GROUP INC 188,186 243,804
    UNITED PARCEL SERVICE 151,415 246,263
    BB&T CORP 157,546 253,422
    ARCHER-DANIELS-MIDLAND CO 308,074 264,338
    INTEL CORP 20,572 266,328
    PROCTER & GAMBLE CO 31,439 275,760
    JPMORGAN CHASE & CO COM 348,936 287,979
    BOEING 123,143 295,088
    3M CO 39,943 300,101
    BANK OF MONTREAL 308,846 313,680
    KIMBERLY-CLARK CORP 63,690 341,820
    COCA-COLA CO 48,983 402,475
    PAYCHEX INC 189,311 421,195
    MICROSOFT CORP 15,285 634,305
    JOHNSON & JOHNSON 66,277 734,295
    MCDONALD'S CORP 301,202 1,173,383

    TY 2018 LegalFeesSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,704 0   3,704


    TY 2018 OtherAssetsSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST 122 1,243 1,243


    TY 2018 OtherExpensesSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 1,825 0   1,825
    POSTAGE 288 0   288
    INSURANCE 2,933 0   2,933


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SABAL TRUST AGENCY FEES 104,106 74,330   29,777


    TY 2018 TaxesSchedule
    Name:
    THE SAUNDERS FOUNDATION
    EIN:
    59-6152326
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 2,863 2,863   0
    EXCISE TAX 15,674 0   0