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
THE QUAKER HILL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
North Andover, MA01845
A Employer identification number

27-3801257
B Telephone number (see instructions)

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$3,644,205J 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... 95,154    
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 163,894
b Gross sales price for all assets on line 6a 881,211
7 Capital gain net income (from Part IV, line 2)... 163,894
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........ 259,048 163,894  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,500      
c Other professional fees (attach schedule).... Click to see attachment 24,636 24,636    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,067 1,853   28
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 13,587     12,843
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 42,790 26,489   12,871
25 Contributions, gifts, grants paid....... 197,413 197,413
26 Total expenses and disbursements. Add lines 24 and 25 240,203 26,489   210,284
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,845
b Net investment income (if negative, enter -0-) 137,405
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   58,917 58,917
2 Savings and temporary cash investments......... 265,355 210,309 210,309
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)....... 2,206,993 Click to see attachment2,173,371 2,904,920
c Investments—corporate bonds (attach schedule)....... 425,108 Click to see attachment473,704 470,059
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)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,897,456 2,916,301 3,644,205
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.................. 2,897,456 2,916,301
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    
30 Total net assets or fund balances (see instructions)..... 2,897,456 2,916,301
31 Total liabilities and net assets/fund balances (see instructions). 2,897,456 2,916,301
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
2,897,456
2
Enter amount from Part I, line 27a .....................
2
18,845
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,916,301
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
2,916,301
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 P    
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 881,211   717,317 163,894
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       163,894
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 2 163,894
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 219,159 3,735,907 0.058663
2016 213,984 3,573,854 0.059875
2015 208,855 3,816,399 0.054726
2014 185,439 3,900,984 0.047536
2013 204,086 3,645,867 0.055977
2
Total of line 1, column (d) .....................
2
0.276777
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
0.055355
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,860,278
5
Multiply line 4 by line 3......................
5
213,686
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,374
7
Add lines 5 and 6........................
7
215,060
8
Enter qualifying distributions from Part XII, line 4,.............
8
210,284
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 2,748
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 2,748
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 2,748
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,372
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 3,372
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 10 624
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet624 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)
    bulletNJ
    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 ofbulletELIZABETH DUCOT Telephone no.bullet (978) 688-7211

    Located atbulletPO BOX 111North AndoverMA ZIP+4bullet01845
    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
     
    No
    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
    ELIZABETH DUCOT TREASURER
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    DANIEL MINER TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    PHEBE RICHARDS TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    MARY STEVENS TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    ANDREW CURRIE TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    ROBERT WILCOX CHAIRMAN
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    SARA WILCOX TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    LEA MILLER TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    HELEN STEVENS SECRETARY
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    EDWARD GOTTFRIED TRUSTEE
    0.50     		0 0 0
    PO BOX 111
    North Andover,MA01845
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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
    3,697,319
    b
    Average of monthly cash balances.......................
    1b
    221,745
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,919,064
    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
    3,919,064
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    58,786
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,860,278
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    193,014
    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
    193,014
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,748
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,748
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    190,266
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    190,266
    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
    190,266
    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
    210,284
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    210,284
    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
    210,284
    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 7 190,266
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 26,180
    b From 2014......  
    c From 2015...... 22,865
    d From 2016...... 37,321
    e From 2017...... 34,043
    fTotal of lines 3a through e........ 120,409
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 210,284
    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..... 190,266
    e Remaining amount distributed out of corpus 20,018
    5 Excess distributions carryover applied to 2018.    
    (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 5 140,427
    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) ...     		26,180
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		114,247
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 22,865
    c Excess from 2016.... 37,321
    d Excess from 2017.... 34,043
    e Excess from 2018.... 20,018
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN DIABETES ASSOC
    260 COCHITUATE RD STE 200
    Framingham,MA01701     		UNRELATED PC TOUR DE CURE 75
    ASCENSION HOLY TRINITY EP CHURCH
    334 BURNS AVE
    Cincinnati,OH45215     		UNRELATED PC GENERAL SUPPORT 1,300
    BALLARD FOOD BANK
    5130 LEAR AVE
    Seattle,WA98107     		UNRELATED PC GENERAL SUPPORT 1,000
    BENNINGTON COLLEGE
    ONE COLLEGE DR
    Bennington,VT05201     		UNRELATED PC ANNUAL FUND SUPPORT 750
    THE BLAKE SCHOOL
    110 BLAKE RD
    Hopkins,MN55343     		UNRELATED PC ANNUAL FUND SUPPORT 100
    BLUE WATER THEATRE COMPANY
    PO BOX 662
    Wayzata,MN55391     		UNRELATED PC GENERAL SUPPORT 2,500
    CHILD HAVEN
    316 BROADWAY
    Seattle,WA98122     		UNRELATED PC GENERAL SUPPORT 500
    CHRIST CHURCH CATHEDRAL
    900 BROADWAY
    Nashville,TN37203     		UNRELATED PC GENERAL SUPPORT 4,800
    THE CHURCH OF THE EPIPHANY
    1317 G STREET NW
    Washington,DC20005     		UNRELATED PC COFFEE BREWER AND GENERAL SUPPORT 9,050
    COMPATIBLE TECHNOLOGY INTERNATIONAL
    800 TRANSFER RD STE 6
    Saint Paul,MN55114     		UNRELATED PC CTI POLLINATOR GALA GENERAL SUPPORT & EXPANSION 20,600
    DALEKO ARTS
    110 MAIN ST E
    New Prague,MN56071     		UNRELATED PC GENERAL SUPPORT 50
    DOCTORS WITHOUT BORDERS
    PO BOX 5030
    Hagerstown,MD21741     		UNRELATED PC GENERAL SUPPORT 300
    ECCF GREATER LAWR SUMMER FUND
    175 ANDOVER ST STE 101
    Danvers,MA01923     		UNRELATED PC SUMMER 2019 SUPPORT 13,000
    ENDICOTT COLLEGE
    376 HALE ST
    Beverly,MA01915     		UNRELATED PC INTERNATIONAL NURSING TRIPS 2,500
    EPAM ROTARY
    PO BOX 44603
    Eden Prairie,MN55344     		UNRELATED PC ANNUAL FUND SUPPORT 1,000
    ESSEX COUNTY GREENBELT ASSOCIATION
    82 EASTERN AVE
    Essex,MA01929     		UNRELATED PC FUND FOR GREEN INITIATIVES AND GENERAL SUPPORT 1,250
    EVERYDAY MIRACLES
    1211 JACKSON ST
    Minneapolis,MN55413     		UNRELATED PC GENERAL SUPPORT 100
    FAMILY ENHANCEMENT CENTER
    4826 CHICAGO AVE STE 105
    Minneapolis,MN55417     		UNRELATED PC GENERAL SUPPORT 100
    FAIRBAULT HOCKEY ASSOCIATION
    PO BOX 233
    Faribault,MN55021     		UNRELATED PC GENERAL SUPPORT 1,000
    FELLOWSHIP CHURCH
    1002 SAYBROOK RD
    Middletown,CT06457     		UNRELATED PC GENERAL SUPPORT 1,177
    FRIENDS OF ST PAUL PUBLIC LIBRARY
    325 CEDAR ST STE 555
    Saint Paul,MN55101     		UNRELATED PC MINNESOTA BOOK AWARDS SUPPORT 100
    GIVING VOICE INITIATIVE
    4627 BRUCE AVE
    Minneapolis,MN55424     		UNRELATED PC CONCERT AT ST PAULS ORDWAY CTR AND GENERAL SUPP 10,400
    GOVERNORS ACADEMY
    1 ELM ST
    Byfield,MA01922     		UNRELATED PC GENERAL SUPPORT 1,250
    GREATER MINNEAPOLIS CRISIS NURSERY
    4544 4TH AVE
    Minneapolis,MN55419     		UNRELATED PC FORMULA FOR HOPE SUPPORT 135
    GUTTMACHER INSTITUTE
    125 MAIDEN LANE 7TH FLR
    New York,NY10038     		UNRELATED PC GENERAL SUPPORT 200
    HALLIE Q BROWN COMMUNITY CTR
    270 NORTH KENT ST
    Saint Paul,MN55102     		UNRELATED PC GENERAL SUPPORT 100
    HIRAM COLLEGE
    PO BOX 67
    Hiram,OH44234     		UNRELATED PC HIRAM FUND 2,500
    THE HOUSE OF HOPE PRESB CHURCH
    797 SUMMIT AVE
    Saint Paul,MN55105     		UNRELATED PC GENERAL SUPPORT 475
    HOWL
    PO BOX 3514
    Homer,AK99603     		UNRELATED PC GENERAL SUPPORT 2,500
    HURRICANE ISLAND OUTWARD BOUND
    PO BOX 800
    Camden,ME04843     		UNRELATED PC SCHOLARSHIP AND GENERAL SUPPORT 8,050
    HWEN CORP
    PO BOX 120521
    Nashville,TN37212     		UNRELATED PC RESTORATION OF SCULPTURE IN FANNIE MAE DEES PARK 4,400
    KCTS
    401 MERCER ST
    Seattle,WA98109     		UNRELATED PC GENERAL SUPPORT 200
    KTIS
    PO BOX 130517
    ROSEVILLE,MN55112     		UNRELATED PC GENERAL SUPPORT 1,000
    KUOW
    PO BOX 84148
    Seattle,WA98124     		UNRELATED PC GENERAL SUPPORT 300
    LAFAYETTE COLLEGE
    BOX 3000
    Easton,PA18042     		UNRELATED PC ANNUAL FUND SUPPORT 250
    LITERARY COUNCIL OF NORTHERN VA
    2855 ANNANDALE RD
    Falls Church,VA22042     		UNRELATED PC COPIER COMPUTER UPGRADES GENERAL SUPPORT 12,600
    LYRIC ARTS CO OF ANOKA
    420 EAST MAIN ST
    Anoka,MN55303     		UNRELATED PC GENERAL SUPPORT 50
    MACPHAIL CENTER FOR MUSIC
    501 SOUTH 2ND ST
    Minneapolis,MN55401     		UNRELATED PC ANNUAL CAMPAIGN 50
    MARSHALL ROAD ELEMENTARY SCHOOL
    730 MARSHALL RD
    Vienna,VA22180     		UNRELATED PC RUNATHON SPONSOR 125
    MERRIMACK VALLEY CHORUS
    18 VERMONT RD
    Wilmington,MA01887     		UNRELATED PC GENERAL SUPPORT 2,500
    MINNESOTA MUSEUM OF AMERICAN ART
    141 EAST ST STE 101
    Saint Paul,MN55101     		UNRELATED PC CAPITAL CAMPAIGN AND GENERAL SUPPORT 3,250
    MINNESOTA PUBLIC RADIO
    45 EAST 7TH ST
    Saint Paul,MN55101     		UNRELATED PC GENERAL SUPPORT 1,200
    MMAA
    350 ROBERT ST
    Saint Paul,MN55101     		UNRELATED PC GENERAL SUPPORT 2,500
    MONTEVERDE FRIENDS US
    PO BOX 1308
    Greenfield,MA01302     		UNRELATED PC GENERAL SUPPORT 300
    MOUNT HOLYOKE COLLEGE
    50 COLLEGE ST
    South Hadley,MA01075     		UNRELATED PC GENERAL SUPPORT 250
    NAMI
    3803 NORTH FAIRFAX DR
    Arlington,VA22203     		UNRELATED PC GENERAL SUPPORT 100
    NAMI SEATTLE
    802 NW 70TH ST
    Seattle,WA98177     		UNRELATED PC GENERAL SUPPORT 3,000
    NASHVILLE RESCUE MISSION
    PO BOX 333229
    Nashville,TN37203     		UNRELATED PC GENERAL SUPPORT 250
    NASHVILLE TOOLS FOR SCHOOLS
    PO BOX 158480
    Nashville,TN37215     		UNRELATED PC SHELVING FOR INSTRUMENTS AT HIGH SCHOOL 3,300
    NATICK SERVICE COUNCIL
    9 WEBSTER ST
    Natick,MA01760     		UNRELATED PC GENERAL SUPPORT 50
    NATURE CONSERVANCY
    4245 NORTH FAIRFAX DR STE 100
    Arlington,VA22203     		UNRELATED PC GENERAL SUPPORT 75
    NORTHFIELD MOUNT HERMON SCHOOL
    ONE LAMPLIGHTER WAY
    Gill,MA01354     		UNRELATED PC CLASS OF 1968 50TH REUNION AND GENERAL SUPPORT 2,050
    NORTHWEST OUTWARD BOUND SCHOOL
    31520 E WOODARD RD
    Troutdale,OR97060     		UNRELATED PC GENERAL SUPPORT 2,000
    NPR
    1111 NORTH CAPITAL ST NE
    Washington,DC20022     		UNRELATED PC GENERAL SUPPORT 300
    NPT
    PO BOX 305172 DEPT 62
    Nashville,TN37230     		UNRELATED PC GENERAL SUPPORT 60
    OUR SAVIORS LUTHERAN CHURCH
    1207 PRAIRIE AVE SW
    Faribault,MN55021     		UNRELATED PC GENERAL SUPPORT 1,000
    OUTWARD BOUND USA
    910 JACKSON ST STE 140
    Golden,CO80401     		UNRELATED PC GENERAL SUPPORT 250
    OXFAM AMERICA
    226 CAUSEWAY ST 5TH FLR
    Boston,MA02114     		UNRELATED PC GENERAL SUPPORT 2,500
    PARK SQUARE THEATRE
    408 ST PETER ST STE 110
    Saint Paul,MN55102     		UNRELATED PC GENERAL SUPPORT 500
    PBS
    2100 CRYSTAL DR 3RD FLR
    Arlington,VA22202     		UNRELATED PC GENERAL SUPPORT 200
    PIKE SCHOOL
    34 SUNSET ROCK RD
    Andover,MA01810     		UNRELATED PC GENERAL SUPPORT 500
    PLANNED PARENTHOOD
    434 WEST 33RD ST
    New York,NY10001     		UNRELATED PC GENERAL SUPPORT 400
    PLANNED PARENTHOOD FED OF AMERICA
    PO BOX 97166
    Washington,DC20077     		UNRELATED PC GENERAL SUPPORT 3,200
    PLANNED PARENTHOOD OF MN ND SD
    671 VANDALIA ST
    Saint Paul,MN55114     		UNRELATED PC GENERAL SUPPORT 1,000
    PROJECT HELPING
    8821 E HAMPDEN AVE 256
    Denver,CO80231     		UNRELATED PC EXPAND KINDFULNESS FOR KIDS PROGRAM 6,400
    RAILS TO TRAILS
    2121 WARD CT NW 5TH FLR
    Washington,DC20037     		UNRELATED PC GENERAL SUPPORT 75
    THE ROTARY FOUNDATION
    1860 SHERMAN AVE
    Evanston,IL60201     		UNRELATED PC GENERAL SUPPORT 250
    SCHOOL GARDEN PROJECT OF LANE CTY
    PO BOX 30072
    Eugene,OR97403     		UNRELATED PC GENERAL SUPPORT 11,000
    SEATTLE OPERA
    1020 JOHN ST
    Seattle,WA98109     		UNRELATED PC GENERAL SUPPORT 258
    SHRINERS HOSPITAL FOR CHILDREN
    2900 NORTH ROCKY POINT DR
    Tampa,FL33607     		UNRELATED PC SUPPORT FOR SHRINERS HOSPITAL TWIN CITIES 1,000
    SOLID GROUND
    1501 NORTH 45TH ST
    Seattle,WA98103     		UNRELATED PC GENERAL SUPPORT 1,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    Montgomery,AL36104     		UNRELATED PC GENERAL SUPPORT 550
    SPECIAL OLYMPICS MN
    900 SECOND AVE SOUTH STE 300
    Minneapolis,MN55402     		UNRELATED PC GENERAL SUPPORT 100
    ST BARTHOLOMEW CHURCH
    9375 WINTON RD
    Cincinnati,OH45231     		UNRELATED PC GENERAL SUPPORT 180
    ST JAMES EPISCOPAL CHURCH
    119 WASHINGTON ST
    Groveland,MA01834     		UNRELATED PC GENERAL SUPPORT 3,000
    ST JOHNS EPISCOPAL CHURCH
    48 MIDDLE ST
    Gloucester,MA01930     		UNRELATED PC GENERAL SUPPORT 125
    ST JUDE CHILDRENS RESEARCH HOSP
    501 ST JUDE PLACE
    Memphis,TN38105     		UNRELATED PC GENERAL SUPPORT 1,000
    ST LUKES COMMUNITY HOUSE
    5601 NEW YORK AVE
    Nashville,TN37209     		UNRELATED PC GENERAL SUPPORT 250
    ST MARK CATHOLIC CHURCH
    9970 VALE RD
    Vienna,VA22181     		UNRELATED PC GENERAL SUPPORT 1,225
    THE HUMANE LEAGUE
    PO BOX 10476
    Rockville,MD20849     		UNRELATED PC GENERAL SUPPORT 50
    THE OPEN DOOR
    28 EMERSON AVE
    Gloucester,MA01930     		UNRELATED PC EXPAND IPSWICH PANTRY HOURS 13,900
    TWIN CITIES PUBLIC TELEVISION
    480 CEDAR ST
    Saint Paul,MN55101     		UNRELATED PC GENERAL SUPPORT 1,200
    UNION GOSPEL MISSION ASSOC ST PAUL
    77 EAST 9TH ST
    Saint Paul,MN55101     		UNRELATED PC GENERAL SUPPORT 98
    UNITED WAY OF GR CINCINNATI
    2400 READING RD
    Cincinnati,OH45202     		UNRELATED PC GENERAL SUPPORT 3,030
    UNITED WAY OF KING COUNTY
    720 SECOND AVE
    Seattle,WA98104     		UNRELATED PC GENERAL SUPPORT 500
    UNIVERSITY SCHOOL OF NASHVILLE
    2000 EDGEHILL AVE
    Nashville,TN37212     		UNRELATED PC GENERAL SUPPORT 2,600
    UNIVERSITY UNITARIAN CHURCH
    6556 35TH ST
    Seattle,WA98115     		UNRELATED PC CAPITAL CAMPAIGN AND GENERAL SUPPORT 8,000
    USA FOR UNHCR
    1775 K ST NW
    Washington,DC20006     		UNRELATED PC GENERAL SUPPORT 2,500
    WALKING SHADOW THEATER COMPANY
    820 E 36TH ST
    Minneapolis,MN55407     		UNRELATED PC GENERAL SUPPORT 50
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVE
    Seattle,WA98144     		UNRELATED PC GENERAL SUPPORT 2,000
    WIKIMEDIA FOUNDATION
    149 NEW MONTGOMERY 6TH FLR
    San Francisco,CA94105     		UNRELATED PC GENERAL SUPPORT 100
    WNYC
    PO BOX 1550
    New York,NY10116     		UNRELATED PC GENERAL SUPPORT 200
    WORLD CENTRAL KITCHEN
    PO BOX 392239
    Pittsburgh,PA15251     		UNRELATED PC GENERAL SUPPORT 50
    WPLN
    PO BOX 440567
    Nashville,TN37244     		UNRELATED PC GENERAL SUPPORT 50
    YALE UNIVERSITY
    PO BOX 205
    New Haven,CT06501     		UNRELATED PC YALE WOMENS CREW 100
    Total .................................bullet 3a 197,413
    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 95,154  
    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 ............     		    18 163,894  
    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)..   259,048  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    259,048
    (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 QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 2,500 0 0 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CONAGRA FOODS INC SR 0 0
    AMPHENOL CORP 50,002 49,967
    EXPRESS SCRIPTS 49,617 49,787
    KLA TENCOR CORP 75,096 74,897
    ZIMMER HOLDINGS 75,053 74,285
    STRYKER CORP 50,004 49,922
    ROPER TECHNOLOGIES INC 75,094 73,476
    SUN INITIATIVE 25,000 25,000
    MCCORMICK AND CO INC 73,838 72,725

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BBH LIMITED DURATION FUND 235,070 232,090
    AKRE FOCUS FUND 115,000 178,609
    DOLLAR GENERAL CORP 7,784 8,214
    COMCAST CORP CL A 8,291 27,410
    DISCOVERY COMMUNICATIONS C 12,889 11,425
    LIBERTY INTERACTIVE CORP A 0 0
    LIBERTY GLOBAL PLC C 12,686 8,462
    DIAGEO PLC 6,803 17,016
    NESTLE A 4,140 8,906
    UNILEVER 7,412 10,491
    QURATE RETAIL INC 7,025 11,849
    BBH INCOME FUND 270,890 272,580
    KROGER CO 12,138 15,400
    COPART INC 10,832 10,273
    ALLEGION PLC 9,937 9,565
    BERKSHIRE HATHAWAY INC CL B 14,899 37,773
    KLA TENCOR CORP 7,398 6,712
    SABRE CORP 11,481 11,577
    US BANCORP 11,032 22,165
    WELLS FARGO & CO 10,408 16,589
    DENTSPLY SIRONA INC 0 0
    NOVARTIS 13,191 22,740
    HENRY SCHEIN INC 7,926 15,704
    ZOETIS INC 5,959 17,536
    PERRIGO CO PLC 21,194 7,983
    WASTE MANAGEMENT INC 2,570 8,543
    NIELSEN HOLDINGS PLC 0 0
    ALPHABET INC CL C 8,299 28,997
    FLEETCOR TECHNOLOGIES INC 13,901 20,243
    MICROSOFT CORP 0 0
    ORACLE CORP 27,346 32,102
    PAYPAL HOLDINGS INC 959 11,352
    QUALCOMM INC 11,719 11,951
    CELANESE CORP 5,364 11,696
    PRAXAIR INC 0 0
    ALPS SER TR CLARKSTON PRTNR FD 92,121 104,803
    LONGLEAF PARTNERS SM CAP FD 65,120 56,626
    BBH INTERNTL EQUITY FUND 214,372 213,344
    GQG PART EMERG MKTS EQ INST 69,900 62,888
    SELECT VALUE REAL ESTATE SECUR 0 0
    BOLLORE SA 0 0
    NOVOZYMES AS SHS B 15,391 44,960
    TOMRA SYSTEMS ASA 15,348 44,400
    ALPHABET INC 42,287 78,372
    APPLE INC 5,996 47,322
    APTARGROUP 18,425 56,442
    AUTOMATIC DATA PROCESSING INC 0 0
    CVS HEALTH CORP 22,474 50,778
    DANAHER CORP 31,969 46,404
    WALT DISNEY CO 38,396 41,119
    KONINKLIJKE DSM 19,192 16,333
    IBM 33,036 25,576
    BIOGEN INC 33,564 30,092
    ILLUMINA INC 14,792 82,481
    JOHNSON AND JOHNSON 19,792 45,168
    NEW YORK TIMES 12,992 12,817
    ORMAT TECHNOLOGIES INC 32,733 26,150
    KROGER 0 0
    MASTERCARD 29,623 75,460
    NESTLE 20,734 48,570
    NOVARTIS 25,179 42,905
    PROCTOR AND GAMBLE 20,373 36,768
    ROCKWELL AUTOMATION 22,881 37,620
    LINDE PLC 14,711 14,044
    NIKE INC 28,388 37,070
    WASTE MANAGEMENT 16,725 31,147
    XYLEM INC 13,087 28,356
    SMUCKER J M CO 0 0
    ABBOTT LABORATORIES 0 0
    FORTIVE CORP 0 0
    FACEBOOK INC 19,369 19,664
    NVIDIA CORP 10,773 40,050
    PAYPAL HOLDINGS INC 32,414 65,170
    SABRE CORP 0 0
    KERRY GROUP PLC 22,582 19,776
    SOFTBANK GROUP CORP 41,540 32,600
    PANASONIC CORP 23,450 15,801
    STRYKER CORP 29,875 35,269
    XILINX INC 43,351 61,748
    TELADOC HEALTH INC 20,675 29,742
    TWITTER INC 18,206 22,992
    ZUORA INC 26,992 18,140

    TY 2018 OtherExpensesSchedule
    Name:
    THE QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEB HOSTING 151 0 0 151
    ADMINISTRATIVE EXPENSE 6,500 0 0 6,500
    INSURANCE 744 0 0 0
    TRAVEL AND MEETINGS 6,192 0 0 6,192


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 24,636 24,636 0 0


    TY 2018 TaxesSchedule
    Name:
    THE QUAKER HILL FOUNDATION INC
    EIN:
    27-3801257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 1,853 1,853 0 0
    FEDERAL TAX 186 0 0 0
    ANNUAL REPORT 28 0 0 28