Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Kully Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

45-4027161
B Telephone number (see instructions)

(800) 839-1754
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$9,453,062J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 20,659 20,659  
4 Dividends and interest from securities... 180,158 180,158  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -25,579
b Gross sales price for all assets on line 6a 3,731,225
7 Capital gain net income (from Part IV, line 2)... 0
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........ 175,238 200,817  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 66,703 66,703    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,421 967    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15,576 15   15,561
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 88,700 67,685   15,561
25 Contributions, gifts, grants paid....... 470,000 470,000
26 Total expenses and disbursements. Add lines 24 and 25 558,700 67,685   485,561
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -383,462
b Net investment income (if negative, enter -0-) 133,132
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......... 1,413,579 1,802,501 1,802,501
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)....... 5,296,214 Click to see attachment4,383,870 4,752,490
c Investments—corporate bonds (attach schedule)....... 2,125,645 Click to see attachment2,265,605 2,189,103
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 759,644 Click to see attachment759,644 708,968
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,595,082 9,211,620 9,453,062
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 9,595,082 9,211,620
30 Total net assets or fund balances (see instructions)..... 9,595,082 9,211,620
31 Total liabilities and net assets/fund balances (see instructions). 9,595,082 9,211,620
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
9,595,082
2
Enter amount from Part I, line 27a .....................
2
-383,462
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
9,211,620
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
9,211,620
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 Publicly-traded Securities      
b
c
d
e
(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 3,731,225   3,756,804 -25,579
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -25,579
b
c
d
e
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 -25,579
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 483,939 9,877,038 0.048996
2016 459,250 9,299,540 0.049384
2015 30,528 9,850,871 0.003099
2014 1,518,427 5,000,871 0.303633
2013 1,009,195 753,067 1.340113
2
Total of line 1, column (d) .....................
2
1.745225
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
0.349045
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,874,986
5
Multiply line 4 by line 3......................
5
3,446,814
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,331
7
Add lines 5 and 6........................
7
3,448,145
8
Enter qualifying distributions from Part XII, line 4,.............
8
485,561
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 2,663
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  
3 Add lines 1 and 2........................... 3 2,663
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,663
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,500
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,500
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 10 837
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet837 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Deborah G Kully Sec, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jonathan Kully Pres, Dir, Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sandra Kully Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    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)
    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
    7,845,654
    b
    Average of monthly cash balances.......................
    1b
    1,470,745
    c
    Fair market value of all other assets (see instructions)................
    1c
    708,968
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,025,367
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,025,367
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    150,381
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,874,986
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    493,749
    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
    493,749
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,663
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,663
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    491,086
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    491,086
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    491,086
    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
    485,561
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    485,561
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    485,561
    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 7 491,086
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 676,164
    b From 2014...... 1,271,953
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 1,948,117
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 485,561
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 485,561
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 5,525 5,525
    (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 1,942,592
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		670,639
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,271,953
    10 Analysis of line 9:
    a Excess from 2014.... 1,271,953
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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).)
    Sandra Kully
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CAMBRIDGE ELLIS SCHOOL INC
    80 TROWBRIDGE ST
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 20,000
    CHALLENGED ATHLETES INC
    9591 WAPLES ST
    SAN DIEGO,CA92121     		N/A PC Charitable Event 15,000
    DANA FARBER CANCER INSTITUTE INC
    10 BROOKLINE PL W 6TH FL
    BROOKLINE,MA02445     		N/A PC Immunotherapy research Project 5,000
    GO PROJECT INC
    50 COOPER SQ
    NEW YORK,NY10003     		N/A PC The GO Project 10,000
    TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW
    622 W 113TH ST MC4524
    NEW YORK,NY10025     		N/A PC General & Unrestricted 400,000
    UNITED STATES FUND FOR UNICEF
    125 MAIDEN LN 10TH FLR
    NEW YORK,NY10038     		N/A PC Project Lion 20,000
    Total .................................bullet 3a 470,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 20,659  
    4 Dividends and interest from securities....     14 180,158  
    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 -25,579  
    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)..   175,238  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    175,238
    (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

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    TY 2018 DepreciationSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    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

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLEGION US HOLDING CO - 3.200 59,981 56,594
    AMERICAN TOWER CORP - 0.000% - 16,566 15,724
    AMERICAN TOWER CORP - 3.400% - 36,149 35,020
    AMERICAN TOWER CORP - 5.050% - 3,278 3,072
    AMERICAN TOWER CORP BOND - 4.0 5,017 4,905
    AT&T, INC - 3.950% - 01/15/202 57,190 53,782
    CA INC - 4.700% - 03/15/2027 59,743 54,999
    CAMPBELL SOUP CO - 3.650% - 03 58,645 58,532
    CARLISLE COS INC NOTE CALL - 3 30,716 29,683
    CARLISLE COS INC NOTE CALL - 3 9,294 8,869
    CDW LLC/CDW FINANCE - 5.000% - 51,425 50,108
    CENTURYLINK INC - 5.800% - 03/ 49,421 47,163
    CENTURYLINK INC NOTE - 0.000% 4,240 3,860
    CREDIT SUISSE AG LONDON - 0.00 35,000 41,300
    DAVITA HEALTHCARE NT - 5.000% 5,805 5,445
    DAVITA INC - 5.750% - 08/15/20 47,720 44,775
    DISCOVERY COMMUNICATIONS LLC B 59,119 58,427
    DUN & BRADSTREET - 4.000% - 06 25,062 25,235
    DUN & BRADSTREET CORP - 4.375% 30,496 30,375
    EXPEDIA INC DEL - 5.950% - 08/ 62,668 57,859
    FORTUNE BRANDS HOME & SEC - 4. 19,002 18,799
    GAP INC - 5.950% - 04/12/2021 59,776 55,139
    GS FINANCE CORP TAR-GEARS SX5E 85,030 86,476
    HOST HOTELS &RESORTSLP NOTE - 57,067 55,444
    HSBC USA INC NT - 0.000% - 08/ 89,999 88,921
    JUNIPER NETWORKS - 0.044% - 06 38,377 37,905
    JUNIPER NETWORKS INC - 3.300% 20,113 19,925
    KLA-TENCOR CORP SR GLBL NT - 4 11,194 11,177
    KLA-TENCOR SR GLBL NT - 4.650% 47,334 47,142
    KOHLS CORP - 4.250% - 07/17/20 57,476 57,597
    KRAFT HEINZ FOODS CO - 3.950% 61,023 57,098
    L BRANDS INC - 5.625% - 10/15/ 54,124 50,044
    L-3 COMMUNICATIONS CORP - 4.95 19,884 18,419
    L-3 COMMUNICATIONS SR GLBL NOT 4,945 4,991
    L3 TECHNOLOGIES INC NOTE CALL 35,093 35,054
    LABORATORY CORP - 3.750% - 08/ 11,995 12,067
    LABORATORY CORP AMER HLDGS - 4 20,250 20,155
    MASCO CORP - 4.450% - 04/01/20 40,778 40,074
    MASCO CORP NT - 5.950% - 03/15 19,083 18,014
    MORGAN STANLEY SEC XLE - 0.000 55,000 53,158
    MOTOROLA INC - 3.750% - 05/15/ 57,970 56,561
    OMNICOM GROUP INC BOND - 3.600 48,848 48,811
    QVC INC - 4.375% - 03/15/2023 57,038 54,693
    REYNOLDS AMERICAN INC - 4.850% 59,245 57,682
    RPM INTL - 3.450% - 11/15/2022 12,957 12,877
    SALLY HLDGS LLC - 5.625% - 12/ 59,288 53,360
    SBA COMMUNICATIONS CORP - 4.87 53,191 51,700
    STEEL DYNAMICS - 5.250% - 04/1 9,135 8,876
    STEEL DYNAMICS INC - 5.125% - 45,320 43,945
    TOTAL SYS SVCS - 0.000% - 06/0 14,616 14,878
    TOTAL SYS SVCS - 3.800% - 04/0 23,022 22,995
    TOTAL SYSTEMS SERVICES - 4.800 17,191 16,124
    TRANSDIGM INC - 0.000% - 07/15 20,502 19,700
    TRANSDIGM INC - 6.500% - 07/15 32,644 31,120
    TRINITY PARTNERS ACQUISITION - 18,048 17,484
    UNITED RENTALS NT - 5.500% - 0 54,470 49,953
    VERISK ANALYTICS - 4.125% - 09 55,365 53,689
    VERISK ANALYTICS INC - 4.000% 5,046 5,020
    WESTERN DIGITAL CORP - 4.750% 65,888 57,255
    WILLIS NORTH AMERICA - 3.600% 40,743 39,054

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABIOMED 4,549 58,507
    ACCENTURE PLC 35,367 35,676
    ADIENT PLC 13,603 2,666
    ADOBE SYSTEMS, INC 31,327 47,058
    AECOM TECHNOLOGY CORPORATION 7,385 6,546
    AERCAP HOLDING N.V 13,039 12,830
    AFFILIATED MANAGERS GROUP 15,558 9,452
    AFLAC INC 26,374 28,065
    ALIBABA GROUP HOLDING LTD 16,837 29,196
    ALPHABET INC CL A 56,847 79,417
    ALPHABET INC CL C 13,191 31,068
    AMAZON COM 11,212 60,079
    AMERICAN TOWER REIT INC 13,634 13,604
    AMERIPRISE FINANCIAL INC 37,995 35,277
    AMETEK INC 13,126 18,618
    ANTHEM INC 41,271 43,859
    APPLE INC 20,920 47,322
    ARROW ELECTRONICS INC 12,458 11,308
    ASSURANT INC 9,046 9,570
    AVIS BUDGET GROUP INC 7,236 3,260
    BIOGEN INC 19,368 15,046
    BLACKROCK INC 24,491 24,355
    BLACKSTONE GSO FLT RATE ENHANC 323,908 305,091
    BROADCOM INC 31,556 33,056
    CARMAX INC 19,210 18,819
    CELANESE CORPORATION 22,703 23,392
    CHEVRON CORP 22,645 20,888
    CHUBB LIMITED 12,056 12,143
    COMCAST CORP 34,927 32,824
    COMMSCOPE HOLDING COMPANY INC 9,888 5,179
    COSTAR GROUP, INC 18,086 33,734
    CRANE CO 10,241 10,394
    CROWN HOLDINGS INC 11,974 9,977
    DANAHER CORP 45,106 57,644
    DEXCOM, INC 8,968 47,920
    DIAGEO PLC ADS 13,607 13,613
    DOCUSIGN INC 31,243 32,064
    DOUBLELINE TOTAL RETURN BOND 645,091 620,208
    ECOLAB INC 37,849 44,205
    EDWARDS LIFESCIENCES 19,923 32,166
    ELI LILLY & CO 30,947 46,288
    EOG RESOURCES INC 22,403 21,366
    ESTEE LAUDER COMPANIES INC 6,251 5,724
    EVOLENT HEALTH INC 31,785 33,257
    EXACT SCIENCES CORPORATION 29,206 31,550
    FACEBOOK INC 23,735 33,297
    FLEXTRONICS INTERNATIONAL 16,332 7,306
    FORTIVE CORPORATION 16,984 22,598
    GLOBAL PAYMENTS INC 22,679 20,626
    GOODYEAR TIRE & RUBBER COMPANY 8,954 8,368
    HCA INC 43,932 46,295
    HERTZ GLOBAL HOLDINGS, INC 10,793 1,993
    HOME DEPOT INC 65,472 93,298
    HONEYWELL INTL 15,810 15,854
    HUNT J B 13,643 18,608
    IDEXX CORP 11,571 47,435
    IHS MARKIT LTD 40,940 37,896
    INTEL CORP 27,209 27,126
    INTERCONTINENTAL EXCHANGE, INC 42,047 57,326
    JOHNSON & JOHNSON 71,760 80,656
    JOHNSON CONTROLS INTERNATIONAL 23,977 15,863
    JP MORGAN CHASE 45,710 45,003
    KEMPER CORP 38,375 33,190
    KORNIT DIGITAL LTD 24,577 28,829
    LIGAND PHARMACEUTICALS INC 18,968 20,355
    LINCOLN NATIONAL CORP 20,042 19,806
    LINDE PLC COM 9,807 9,362
    LOCKHEED MARTIN CORP 14,985 14,925
    LOWES COMPANIES INC 11,859 11,914
    MARSH AND MCLENNAN COMPANIES I 14,386 14,515
    MCDONALD'S CORP 51,692 54,692
    MEDTRONIC PLC 57,449 61,853
    MICROCHIP TECHNOLOGY INC 28,989 29,200
    MICROSOFT CORP 112,583 139,862
    MONDELEZ INTERNATIONAL INC 15,208 13,810
    NATL OILWELL VARCO 28,527 16,397
    NCR CP 5,674 4,385
    NEXTERA ENERGY, INC 11,711 11,820
    NOVARTIS AG ADR 14,422 14,502
    O'REILLY AUTOMOTIVE INC 12,716 12,740
    OAKMARK INTERNATIONAL FUND CL 541,193 509,405
    OWENS ILLINOIS 6,185 4,379
    PARKER HANNIFIN CP 10,914 9,396
    PURE STORAGE INC 31,205 24,120
    QURATE RETAIL INC QVC GROUP 20,916 16,338
    RED HAT, INC 50,741 86,766
    REPUBLIC SVCS INC 10,044 10,093
    RITCHIE BROS AUCTIONEERS 16,980 16,360
    ROCKWELL AUTOMATION INC 17,096 17,155
    SALESFORCE.COM 17,010 41,091
    SCHLUMBERGER LTD 19,254 10,247
    STARBUCKS CORP COM 13,710 25,760
    SUNCOR ENERGY INC 44,479 39,074
    SUNTRUST BKS INC 20,770 15,989
    TECH DATA CORP 6,420 5,399
    TENNECO INC 5,109 2,383
    TEXAS INSTRUMENTS INC 15,285 15,309
    THE COCA-COLA CO 22,263 22,255
    THERMO FISHER SCIENTIFIC INC 17,741 17,903
    THORNBURG INTERNATIONAL GROWTH 288,555 286,512
    TJX COMPANIES INC 10,884 11,096
    TORONTO DOMINION 24,074 23,219
    UNION PACIFIC 11,504 11,611
    UNITED TECHNOLOGIES CORP 23,419 23,958
    UNITEDHEALTH GROUP INC 25,038 25,410
    V F CORP 9,007 9,132
    VISA INC 60,748 79,956
    WALT DISNEY HOLDINGS CO 63,837 67,325
    WESTERN DIGITAL CORP 22,796 15,121
    WESTERN UNION CO 12,779 13,204
    WHIRLPOOL CORP 20,353 12,183
    WILLIS TOWERS WATSON PUBLIC LT 26,384 27,031
    ZOETIS INC 19,252 51,324

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE ALT ALPHA FUNDS   759,644 708,968

    TY 2018 OtherExpensesSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 15,500     15,500
    Bank Charges 15 15    
    Postage/Delivery Service 35     35
    State or Local Filing Fees 26     26


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 66,703 66,703    


    TY 2018 TaxesSchedule
    Name:
    Kully Family Foundation
    EIN:
    45-4027161
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 3,500      
    990-PF Excise Tax for 2017 1,954      
    Foreign Tax Paid 967 967