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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 10-01-2017 , and ending 09-30-2018
Name of foundation
EUNICE GARNER TR FBO ECAROLINA UNIV
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1501 NJ2-130-03-31
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ085341501
A Employer identification number

22-3614253
B Telephone number (see instructions)

(609) 274-6834
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$669,298J 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... 12,840 12,828  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 42,687
b Gross sales price for all assets on line 6a 243,148
7 Capital gain net income (from Part IV, line 2)... 42,687
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 151    
12 Total. Add lines 1 through 11........ 55,678 55,515  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,858 4,343   6,515
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 733 74   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 5 5    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,596 4,422 0 6,515
25 Contributions, gifts, grants paid....... 22,748 22,748
26 Total expenses and disbursements. Add lines 24 and 25 34,344 4,422 0 29,263
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,334
b Net investment income (if negative, enter -0-) 51,093
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 193 7 7
2 Savings and temporary cash investments......... 17,355 14,155 14,155
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 77,502 100,103 98,292
b Investments—corporate stock (attach schedule)....... 324,252 Click to see attachment315,762 462,056
c Investments—corporate bonds (attach schedule)....... 75,126 Click to see attachment85,878 84,601
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,611 10,579 10,187
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) 505,039 526,484 669,298
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 505,039 526,484
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 505,039 526,484
30 Total liabilities and net assets/fund balances (see instructions). 505,039 526,484
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
505,039
2
Enter amount from Part I, line 27a .....................
2
21,334
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
111
4
Add lines 1, 2, and 3 ..........................
4
526,484
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
526,484
Form 990-PF (2019)
Form 990-PF (2019)
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 3. UNIVERSAL HEALTH SVCS INC CL B   2017-02-13 2017-10-02
b 4. UNIVERSAL HEALTH SVCS INC CL B   2017-02-14 2017-10-03
c 20. WALGREENS BOOTS ALLIANCE   2016-08-08 2017-10-09
d 3. WALGREENS BOOTS ALLIANCE   2016-08-08 2017-10-09
e 11. WALGREENS BOOTS ALLIANCE   2016-08-09 2017-10-09
3. WALGREENS BOOTS ALLIANCE   2016-08-08 2017-10-10
7. WALGREENS BOOTS ALLIANCE   2016-08-25 2017-10-10
5. WALGREENS BOOTS ALLIANCE   2016-10-18 2017-10-10
18. WALGREENS BOOTS ALLIANCE   2016-10-18 2017-10-17
14. WALGREENS BOOTS ALLIANCE   2016-10-19 2017-10-17
3. GOLDMAN SACHS GROUP INC   2012-12-11 2017-10-23
2. GOLDMAN SACHS GROUP INC   2012-12-12 2017-10-23
10000. U.S. TREASURY NOTE   2014-12-03 2017-10-25
4000. U.S. TREASURY NOTE   2016-05-12 2017-10-25
4000. U.S. TREASURY NOTE   2017-08-15 2017-10-25
1. LEAR CORP SHS   2015-09-09 2017-10-26
6. LEAR CORP SHS   2016-04-13 2017-10-26
48. AT& T INC   2016-08-30 2017-11-01
11. BERKSHIRE HATHAWAYINC   2017-01-11 2017-11-01
1. BERKSHIRE HATHAWAYINC   2017-01-12 2017-11-01
1. OMNICOM GROUP INC COM   2016-01-08 2017-11-14
11. OMNICOM GROUP INC COM   2016-04-13 2017-11-14
1. RAYTHEON CO   2015-06-11 2017-11-14
4. RAYTHEON CO   2015-06-12 2017-11-14
3000. U.S. TREASURY NOTE   2016-01-27 2017-11-15
11. BERKSHIRE HATHAWAYINC   2017-01-12 2017-11-21
1. LEAR CORP SHS   2015-09-09 2017-11-21
18. ACTIVISION BLIZZARD INC   2015-10-21 2017-11-22
1. LEAR CORP SHS   2015-09-09 2017-11-22
16. ACTIVISION BLIZZARD INC   2015-10-21 2017-11-27
5. LEAR CORP SHS   2015-09-09 2017-11-27
1. LEAR CORP SHS   2015-09-09 2017-11-28
10. OMNICOM GROUP INC COM   2016-01-08 2017-11-28
2. OMNICOM GROUP INC COM   2016-01-11 2017-11-28
19. OMNICOM GROUP INC COM   2016-01-11 2017-11-29
3. OMNICOM GROUP INC COM   2016-01-11 2017-11-30
7. OMNICOM GROUP INC COM   2016-01-12 2017-11-30
.68 LENNAR CORP   2017-03-08 2017-12-04
1. LENNAR CORP   2015-09-23 2017-12-04
19. VALERO ENERGY CORP NEW   2015-09-09 2017-12-15
2. GOLDMAN SACHS GROUP INC   2015-08-05 2017-12-19
3. GOLDMAN SACHS GROUP INC   2016-01-28 2017-12-19
2. VALERO ENERGY CORP NEW   2015-06-15 2017-12-19
11. VALERO ENERGY CORP NEW   2015-09-09 2017-12-19
3. AETNA INC   2015-05-07 2018-01-02
6. AETNA INC   2015-06-15 2018-01-02
6. VALERO ENERGY CORP NEW   2015-06-15 2018-01-02
6. VALERO ENERGY CORP NEW   2011-11-28 2018-01-02
12. ACTIVISION BLIZZARD INC   2015-10-20 2018-01-03
8. ACTIVISION BLIZZARD INC   2015-10-21 2018-01-03
11. ACTIVISION BLIZZARD INC   2015-10-20 2018-01-10
21. VALERO ENERGY CORP NEW   2011-11-28 2018-01-10
6. GILEAD SCIENCES INC   2015-11-18 2018-01-17
1. GILEAD SCIENCES INC   2015-10-20 2018-01-17
5. GILEAD SCIENCES INC   2015-11-18 2018-01-18
1. GILEAD SCIENCES INC   2015-10-20 2018-01-18
18. ACTIVISION BLIZZARD INC   2015-10-20 2018-01-19
4. GILEAD SCIENCES INC   2015-11-18 2018-01-19
1. GILEAD SCIENCES INC   2015-10-20 2018-01-19
4. GILEAD SCIENCES INC   2015-11-18 2018-01-22
3. ACTIVISION BLIZZARD INC   2015-10-20 2018-01-24
20. ACTIVISION BLIZZARD INC   2016-02-22 2018-01-24
11. CARNIVAL CORP   2015-03-02 2018-01-25
15. CARNIVAL CORP   2015-06-11 2018-01-25
17. ACTIVISION BLIZZARD INC   2016-02-22 2018-01-26
1000. AT&T INC   2013-09-17 2018-02-01
4000. AT&T INC   2008-02-20 2018-02-01
1000. AT&T INC   2011-03-31 2018-02-01
4. GOLDMAN SACHS GROUP INC   2016-01-28 2018-02-05
17. ACTIVISION BLIZZARD INC   2016-02-22 2018-02-06
5000. GENERAL ELEC CAP CORP   2015-01-23 2018-02-06
5. GOLDMAN SACHS GROUP INC   2016-01-28 2018-02-06
1. GOLDMAN SACHS GROUP INC   2012-12-12 2018-02-08
2. GOLDMAN SACHS GROUP INC   2012-12-13 2018-02-08
6. GOLDMAN SACHS GROUP INC   2012-12-17 2018-02-08
11. ACTIVISION BLIZZARD INC   2016-02-22 2018-02-16
7000. COMCAST CORP   2015-12-07 2018-03-01
5000. EUROPEAN INVESTMENT BANK   2017-03-09 2018-03-01
3000. U.S. TREASURY NOTE   2015-09-02 2018-03-01
1000. U.S. TREASURY NOTE   2015-03-27 2018-03-01
1000. U.S. TREASURY NOTE   2017-03-09 2018-03-01
3000. U.S. TREASURY NOTE   2016-07-26 2018-03-01
2. GOLDMAN SACHS GROUP INC   2012-12-17 2018-03-05
4. GOLDMAN SACHS GROUP INC   2012-12-18 2018-03-05
2. GOODYEAR TIRE & RUBBER COMPANY COM   2017-01-10 2018-03-06
31. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-19 2018-03-06
5. HOME DEPOT INC USD 0.05   2015-05-07 2018-03-06
4. HOME DEPOT INC USD 0.05   2015-06-15 2018-03-06
11. GOODYEAR TIRE & RUBBER COMPANY COM   2017-01-09 2018-03-13
2. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-18 2018-03-13
3. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-19 2018-03-13
1. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-20 2018-03-13
15. GOODYEAR TIRE & RUBBER COMPANY COM   2017-01-09 2018-03-14
2. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-18 2018-03-14
3. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-19 2018-03-14
2. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-20 2018-03-14
15. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-19 2018-03-23
9. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-19 2018-03-26
12. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-20 2018-03-26
3. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-20 2018-03-27
7. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-20 2018-03-28
10. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-23 2018-03-28
6. RAYTHEON CO   2015-06-12 2018-03-28
5. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-18 2018-03-29
12. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-23 2018-03-29
4. GOODYEAR TIRE & RUBBER COMPANY COM   2016-05-24 2018-03-29
9. GOODYEAR TIRE & RUBBER COMPANY COM   2016-10-18 2018-04-02
7. RAYTHEON CO   2015-06-12 2018-04-02
3. RAYTHEON CO   2015-06-15 2018-04-02
10. ROBERT HALF INTL INC   2016-10-27 2018-04-19
1. ROBERT HALF INTL INC   2016-10-28 2018-04-19
13. ROBERT HALF INTL INC   2016-10-27 2018-04-20
2. ROBERT HALF INTL INC   2016-10-28 2018-04-20
12000. U.S. TREASURY NOTE   2018-02-09 2018-04-27
6. RAYTHEON CO   2015-06-15 2018-05-02
11. ROBERT HALF INTL INC   2016-10-27 2018-05-02
7. ROBERT HALF INTL INC   2016-10-27 2018-05-03
6. ROBERT HALF INTL INC   2016-10-27 2018-05-10
18. GILEAD SCIENCES INC   2015-10-20 2018-05-11
21. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-01-29 2018-05-11
1. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-01-30 2018-05-11
4. ROBERT HALF INTL INC   2016-10-27 2018-05-11
7. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-01-29 2018-05-14
1. AETNA INC   2015-05-07 2018-05-16
1. AETNA INC   2014-05-29 2018-05-16
11. CITIGROUP INC COM NEW   2015-05-07 2018-05-16
8. CITIGROUP INC COM NEW   2015-06-15 2018-05-16
21. CITIGROUP INC COM NEW   2012-10-31 2018-05-16
6. HOME DEPOT INC USD 0.05   2014-09-09 2018-05-16
2. PUBLIC SERVICE ENTERPRISE GROUP INC   2014-12-08 2018-05-16
3. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-01-30 2018-05-16
1. AETNA INC   2015-05-07 2018-05-17
7. AETNA INC   2014-05-29 2018-05-17
9. CITIGROUP INC COM NEW   2015-05-07 2018-05-17
6. CITIGROUP INC COM NEW   2015-06-15 2018-05-17
16. CITIGROUP INC COM NEW   2012-10-31 2018-05-17
12. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-06-10 2018-05-17
3. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-06-11 2018-05-17
5. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-01-30 2018-05-17
20. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-06-11 2018-05-18
2. PUBLIC SERVICE ENTERPRISE GROUP INC   2015-06-11 2018-05-21
17. CITIGROUP INC COM NEW   2012-10-31 2018-06-04
8000. U.S. TREASURY NOTE   2018-03-01 2018-06-08
4000. U.S. TREASURY NOTE   2017-10-25 2018-06-08
2. CHEVRONTEXACO CORP   2018-01-02 2018-06-11
5. CHEVRONTEXACO CORP   2017-01-05 2018-06-11
10. CHEVRONTEXACO CORP   2018-01-10 2018-06-11
9. SOUTHWEST AIRLINES CO   2015-08-05 2018-06-11
35. SOUTHWEST AIRLINES CO   2015-07-10 2018-06-11
17. CITIGROUP INC COM NEW   2012-06-13 2018-06-19
6. HOME DEPOT INC USD 0.05   2014-09-09 2018-06-19
28. ORACLE CORPORATION   2017-11-06 2018-07-09
4. ORACLE CORPORATION   2017-07-12 2018-07-09
22. URBAN OUTFITTERS INC   2017-03-09 2018-07-09
11. URBAN OUTFITTERS INC   2017-03-30 2018-07-09
7. URBAN OUTFITTERS INC   2017-03-09 2018-07-10
3. URBAN OUTFITTERS INC   2017-03-30 2018-07-10
4. BIOGEN IDEC INC   2016-08-23 2018-07-12
5. E TRADE FINL CORP   2017-11-21 2018-07-19
5. E TRADE FINL CORP   2017-11-22 2018-07-19
9. E TRADE FINL CORP   2017-11-27 2018-07-19
1. E TRADE FINL CORP   2017-11-28 2018-07-19
1. E TRADE FINL CORP   2017-11-21 2018-07-20
2. E TRADE FINL CORP   2017-11-22 2018-07-20
1. E TRADE FINL CORP   2017-11-27 2018-07-20
1. E TRADE FINL CORP   2017-11-28 2018-07-20
2. CVS CORP   2012-07-13 2018-07-31
15. CVS CORP   2012-07-16 2018-07-31
2. CVS CORP   2012-09-24 2018-07-31
5. CVS CORP   2012-07-29 2018-07-31
26. ORACLE CORPORATION   2017-05-17 2018-08-03
11. SOUTHWEST AIRLINES CO   2015-07-09 2018-08-03
13. SOUTHWEST AIRLINES CO   2015-07-10 2018-08-03
5. CITIGROUP INC COM NEW   2012-06-15 2018-08-09
13. CITIGROUP INC COM NEW   2012-10-31 2018-08-09
2. URBAN OUTFITTERS INC   2017-03-08 2018-08-10
10. URBAN OUTFITTERS INC   2017-03-30 2018-08-10
3. URBAN OUTFITTERS INC   2017-03-08 2018-08-13
12. URBAN OUTFITTERS INC   2017-03-30 2018-08-13
2. AETNA INC   2013-09-19 2018-08-20
4. ALLISON TRANSMISSION HLD   2018-04-04 2018-08-20
6. ALLY FINL INC   2018-02-08 2018-08-20
1. ALPHABET INC SHS CL C   2012-06-29 2018-08-20
2. ALPHABET INC SHS CL A   2012-06-27 2018-08-20
9. ALTRIA GROUP INC   2015-06-10 2018-08-20
3. APPLE COMPUTER INC COM   2012-06-27 2018-08-20
13. APPLE COMPUTER INC COM   2012-06-28 2018-08-20
8. BP P L C SPONS ADR   2014-10-27 2018-08-20
8. BAXTER INTL INC COM   2017-04-11 2018-08-20
1. BIOGEN IDEC INC   2016-08-23 2018-08-20
4. CDW CORP   2015-09-09 2018-08-20
11. CDW CORP   2015-09-10 2018-08-20
3. CVS CORP   2012-09-24 2018-08-20
4. CARNIVAL CORP   2015-02-27 2018-08-20
4. CENTENE CORP DEL   2015-06-10 2018-08-20
2. CENTENE CORP DEL   2015-06-11 2018-08-20
3. CHEVRONTEXACO CORP   2017-01-05 2018-08-20
21. CISCO SYS INC   2013-08-08 2018-08-20
2. CITIGROUP INC COM NEW   2012-06-14 2018-08-20
5. COGNIZANT TECHNOLOGY SOLUTIONS   2015-04-08 2018-08-20
12. COMCAST CORP NEW CL A   2012-09-24 2018-08-20
11. D R HORTON INC   2016-07-13 2018-08-20
3. DELL TECHNOLOGIES INC   2016-12-13 2018-08-20
22. DELTA AIR LINES INC   2016-02-22 2018-08-20
13. DOWDUPONT INC COM   2013-10-21 2018-08-20
6. DOWDUPONT INC COM   2013-10-22 2018-08-20
3. E TRADE FINL CORP   2017-09-29 2018-08-20
7. FIRSTENERGY CORP   2017-01-09 2018-08-20
3. FORTIVE CORP   2017-07-12 2018-08-20
13. FREEPORT-MCMORAN COPPER & GOLD INC CL B   2018-05-02 2018-08-20
12. GENERAL ELECTRIC CO   2017-11-01 2018-08-20
3. GILEAD SCIENCES INC   2015-10-20 2018-08-20
6. HARTFORD FINL SVCS GROUP INC COM   2017-06-26 2018-08-20
1. HOME DEPOT INC USD 0.05   2014-09-09 2018-08-20
3. HUMANA INC COM   2015-08-05 2018-08-20
1. HUMANA INC COM   2015-08-06 2018-08-20
21. J P MORGAN CHASE & CO   2012-06-14 2018-08-20
5. KAR AUCTION SERVICES INC   2018-04-05 2018-08-20
1. LABORATORY CORP AMER HLDGS   2014-12-23 2018-08-20
12. LENNAR CORP   2015-09-09 2018-08-20
6. LOWES COMPANIES INC COM   2013-06-21 2018-08-20
16. MICROSOFT CORP COM   2009-11-16 2018-08-20
10. NORFOLK SOUTHERN CORP   2017-01-09 2018-08-20
5. NOVO NORDISK A/S ADR   2017-09-26 2018-08-20
1. O'REILLY AUTOMOTIVE INC   2018-07-09 2018-08-20
31. ORACLE CORPORATION   2017-05-17 2018-08-20
8. PG&E CORP   2017-10-18 2018-08-20
3. PACKAGING CORP AMER   2013-02-22 2018-08-20
28. PFIZER INC COM   2016-01-28 2018-08-20
24. REGIONS FINL CORP NEW   2017-01-09 2018-08-20
3. SMUCKER J M CO   2018-03-06 2018-08-20
19. SUNCOR ENERGY INC NEW   2013-01-15 2018-08-20
13. SUNTRUST BANKS INC   2013-01-15 2018-08-20
21. US BANCORP DEL   2012-07-25 2018-08-20
4. UNITED HEALTH GROUP INC   2014-10-27 2018-08-20
5. URBAN OUTFITTERS INC   2017-03-08 2018-08-20
2. WAL MART STORES INC   2017-01-09 2018-08-20
20. FLEXTRONICS INTL LTD   2016-06-13 2018-08-20
12. FLEXTRONICS INTL LTD   2016-06-14 2018-08-20
10. LOWES COMPANIES INC COM   2015-05-07 2018-08-22
22. URBAN OUTFITTERS INC   2017-03-08 2018-08-22
1000. US BANCORP   2018-08-20 2018-08-23
3000. US BANCORP   2016-01-27 2018-08-23
1000. U.S. TREASURY NOTE   2017-09-20 2018-08-23
4000. U.S. TREASURY NOTE   2017-09-20 2018-08-23
3000. WELLS FARGO & COMPANY   2013-11-18 2018-08-23
24. ORACLE CORPORATION   2017-05-17 2018-09-06
1. ORACLE CORPORATION   2017-05-18 2018-09-06
17. FLEXTRONICS INTL LTD   2016-06-14 2018-09-07
7. FLEXTRONICS INTL LTD   2016-06-15 2018-09-07
22. FLEXTRONICS INTL LTD   2016-06-15 2018-09-10
2. FLEXTRONICS INTL LTD   2016-06-16 2018-09-10
24. FLEXTRONICS INTL LTD   2016-06-16 2018-09-11
4000. U.S. TREASURY NOTE   2017-11-20 2018-09-12
7000. VISA INC   2015-12-14 2018-09-12
1000. VISA INC   2018-08-20 2018-09-12
3. FLEXTRONICS INTL LTD   2016-06-16 2018-09-12
7. FLEXTRONICS INTL LTD   2016-06-17 2018-09-12
14. FLEXTRONICS INTL LTD   2016-06-24 2018-09-12
34. FLEXTRONICS INTL LTD   2016-06-24 2018-09-13
25. ORACLE CORPORATION   2017-05-18 2018-09-14
16. FLEXTRONICS INTL LTD   2016-06-24 2018-09-14
19. FLEXTRONICS INTL LTD   2016-06-27 2018-09-14
26. FLEXTRONICS INTL LTD   2016-06-27 2018-09-17
8. FLEXTRONICS INTL LTD   2016-06-28 2018-09-17
30. FLEXTRONICS INTL LTD   2016-06-28 2018-09-18
5. FLEXTRONICS INTL LTD   2016-06-29 2018-09-18
35. ORACLE CORPORATION   2017-07-12 2018-09-19
7. ORACLE CORPORATION   2017-08-16 2018-09-19
6. ORACLE CORPORATION   2017-05-18 2018-09-19
9. FLEXTRONICS INTL LTD   2016-06-29 2018-09-19
(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 337   352 -15
b 449   482 -33
c 1,419   1,613 -194
d 213   242 -29
e 780   890 -110
210   245 -35
490   564 -74
350   391 -41
1,214   1,408 -194
944   1,082 -138
726   357 369
484   238 246
10,063   10,053 10
4,098   4,163 -65
3,977   4,019 -42
176   106 70
1,056   654 402
1,603   1,961 -358
2,059   1,780 279
187   161 26
68   71 -3
746   924 -178
184   102 82
737   407 330
3,000   3,000  
2,015   1,772 243
177   107 70
1,174   610 564
175   106 69
1,053   543 510
879   532 347
178   107 71
698   709 -11
140   140  
1,390   1,327 63
215   209 6
501   492 9
34   28 6
52   42 10
1,671   1,176 495
516   415 101
773   469 304
176   117 59
970   681 289
541   325 216
1,083   742 341
557   350 207
557   117 440
786   404 382
524   271 253
732   371 361
1,978   410 1,568
489   643 -154
81   103 -22
406   536 -130
81   103 -22
1,270   607 663
324   429 -105
81   103 -22
325   429 -104
210   101 109
1,403   632 771
777   499 278
1,060   712 348
1,228   537 691
1,000   1,000  
4,000   3,937 63
1,000   1,000  
1,005   626 379
1,156   537 619
4,960   5,026 -66
1,254   782 472
252   119 133
504   238 266
1,513   734 779
778   348 430
6,864   7,138 -274
4,918   4,985 -67
2,850   2,950 -100
950   1,001 -51
960   976 -16
2,881   3,149 -268
522   245 277
1,044   507 537
56   64 -8
875   993 -118
904   552 352
723   441 282
312   351 -39
57   62 -5
85   96 -11
28   32 -4
421   479 -58
56   62 -6
84   96 -12
56   64 -8
401   406 -5
241   244 -3
321   328 -7
80   82 -2
185   192 -7
264   271 -7
1,271   610 661
133   156 -23
319   325 -6
106   111 -5
235   281 -46
1,477   712 765
633   301 332
604   367 237
60   37 23
760   477 283
117   74 43
11,779   11,938 -159
1,220   602 618
678   404 274
430   257 173
378   220 158
1,184   1,850 -666
1,073   919 154
51   44 7
252   147 105
355   306 49
177   108 69
177   77 100
791   587 204
575   453 122
1,510   782 728
1,116   538 578
100   82 18
150   131 19
177   108 69
1,240   540 700
647   480 167
431   340 91
1,150   596 554
593   486 107
148   121 27
247   218 29
992   808 184
99   81 18
1,142   633 509
7,928   7,963 -35
3,907   4,014 -107
253   254 -1
633   587 46
1,266   1,285 -19
461   342 119
1,791   1,185 606
1,131   473 658
1,193   538 655
1,296   1,412 -116
185   201 -16
1,006   546 460
503   269 234
320   174 146
137   73 64
1,385   1,170 215
307   225 82
307   225 82
552   407 145
61   45 16
60   45 15
120   90 30
60   45 15
60   45 15
131   96 35
979   721 258
131   96 35
326   249 77
1,257   1,155 102
631   360 271
746   440 306
361   139 222
939   484 455
97   49 48
484   245 239
142   73 69
569   294 275
399   134 265
195   156 39
164   166 -2
1,204   288 916
2,440   572 1,868
549   446 103
646   246 400
2,800   1,056 1,744
339   335 4
578   423 155
342   292 50
344   163 181
946   448 498
224   144 80
243   177 66
571   295 276
285   150 135
354   352 2
969   552 417
141   56 85
375   314 61
425   219 206
493   373 120
285   161 124
1,263   1,067 196
889   538 351
410   250 160
184   130 54
260   217 43
242   194 48
183   196 -13
148   241 -93
217   308 -91
312   312  
198   90 108
978   557 421
326   186 140
2,403   723 1,680
317   275 42
179   107 72
614   619 -5
593   236 357
1,713   475 1,238
1,748   1,092 656
241   241  
330   288 42
1,503   1,377 126
359   453 -94
336   125 211
1,188   847 341
467   346 121
347   387 -40
773   653 120
960   371 589
1,129   702 427
1,048   368 680
237   122 115
192   137 55
273   254 19
164   154 10
1,057   724 333
1,005   537 468
998   1,000 -2
2,995   3,007 -12
966   1,011 -45
3,865   4,043 -178
2,996   3,002 -6
1,146   1,066 80
48   44 4
223   219 4
92   91 1
288   285 3
26   26  
310   309 1
4,035   4,076 -41
6,882   6,984 -102
983   986 -3
39   39  
91   90 1
181   176 5
443   428 15
1,230   1,106 124
206   202 4
245   227 18
339   310 29
104   95 9
388   355 33
65   59 6
1,720   1,760 -40
344   344  
295   265 30
119   107 12
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       -15
b       -33
c       -194
d       -29
e       -110
      -35
      -74
      -41
      -194
      -138
      369
      246
      10
      -65
      -42
      70
      402
      -358
      279
      26
      -3
      -178
      82
      330
       
      243
      70
      564
      69
      510
      347
      71
      -11
       
      63
      6
      9
      6
      10
      495
      101
      304
      59
      289
      216
      341
      207
      440
      382
      253
      361
      1,568
      -154
      -22
      -130
      -22
      663
      -105
      -22
      -104
      109
      771
      278
      348
      691
       
      63
       
      379
      619
      -66
      472
      133
      266
      779
      430
      -274
      -67
      -100
      -51
      -16
      -268
      277
      537
      -8
      -118
      352
      282
      -39
      -5
      -11
      -4
      -58
      -6
      -12
      -8
      -5
      -3
      -7
      -2
      -7
      -7
      661
      -23
      -6
      -5
      -46
      765
      332
      237
      23
      283
      43
      -159
      618
      274
      173
      158
      -666
      154
      7
      105
      49
      69
      100
      204
      122
      728
      578
      18
      19
      69
      700
      167
      91
      554
      107
      27
      29
      184
      18
      509
      -35
      -107
      -1
      46
      -19
      119
      606
      658
      655
      -116
      -16
      460
      234
      146
      64
      215
      82
      82
      145
      16
      15
      30
      15
      15
      35
      258
      35
      77
      102
      271
      306
      222
      455
      48
      239
      69
      275
      265
      39
      -2
      916
      1,868
      103
      400
      1,744
      4
      155
      50
      181
      498
      80
      66
      276
      135
      2
      417
      85
      61
      206
      120
      124
      196
      351
      160
      54
      43
      48
      -13
      -93
      -91
       
      108
      421
      140
      1,680
      42
      72
      -5
      357
      1,238
      656
       
      42
      126
      -94
      211
      341
      121
      -40
      120
      589
      427
      680
      115
      55
      19
      10
      333
      468
      -2
      -12
      -45
      -178
      -6
      80
      4
      4
      1
      3
       
      1
      -41
      -102
      -3
       
      1
      5
      15
      124
      4
      18
      29
      9
      33
      6
      -40
       
      30
      12
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 42,687
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))
2018 28,033 582,735 0.048106
2017 27,359 559,739 0.048878
2016 27,340 581,716 0.046999
2015 25,461 562,287 0.045281
2014 23,957 515,746 0.046451
2
Total of line 1, column (d) .....................
2
0.235715
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
0.047143
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
647,067
5
Multiply line 4 by line 3......................
5
30,505
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
511
7
Add lines 5 and 6........................
7
31,016
8
Enter qualifying distributions from Part XII, line 4,.............
8
29,263
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 1,022
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,022
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,022
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 458
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 458
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 564
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMLTC A DIVISION OF BANK OF AM Telephone no.bullet (609) 274-6834

    Located atbullet1300 MERRILL LYNCH DRIVEPENNINGTONNJ ZIP+4bullet085341501
    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 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    US TRUST COMPANY TRUSTEE
    2     		10,858    
    PO Box 1501 NJ2-130-03-31
    Pennington,NJ085341501
    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 (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    635,532
    b
    Average of monthly cash balances.......................
    1b
    21,389
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    656,921
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    656,921
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    9,854
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    647,067
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    32,353
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    32,353
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,022
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,022
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    31,331
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    31,331
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    31,331
    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
    29,263
    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
    29,263
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    29,263
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 31,331
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 22,748
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 29,263
    a Applied to 2018, but not more than line 2a 22,748
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2019 distributable amount..... 6,515
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		24,816
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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).)
    NONE
    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.
    NONE
    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 (2019)
    Form 990-PF (2019)
    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
    MEDICAL FOUNDATION OF ECU INC
    C/O SCHOOL OF NURSING
    GREENVILLE,NC278584353     		NONE PC GENERAL OPERATING 22,748
    Total .................................bullet 3a 22,748
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 12,840  
    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 42,687  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aEXCISE TAX REFUND     		    1 151  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   55,678  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    55,678
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Name of Bond End of Year Book Value End of Year Fair Market Value
    05531FBB8 BB&T CORPORATION 7,964 7,655
    06406FAD5 BANK OF NY MELLON CO 3,935 3,756
    931142EK5 WALMART INC 8,106 8,035
    68389XBM6 ORACLE CORP 7,871 7,425
    949746SA0 WELLS FARGO & COMPAN 4,002 3,852
    172967FT3 CITIGROUP INC 3,905 4,113
    377372AL1 GLAXOSMITHKLINE CAPI 7,990 7,967
    46625HJX9 JPMORGAN CHASE & CO 7,979 7,929
    78011DAG9 USD ROYAL BK CANADA 4,019 3,974
    822582AJ1 SHELL INTERNATIONAL 7,059 7,099
    035242AL0 ANHEUSER-BUSCH INBEV 7,975 7,909
    17275RAE2 CISCO SYSTEMS INC 7,006 7,061
    037833CJ7 APPLE INC 8,067 7,826

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Name of Stock End of Year Book Value End of Year Fair Market Value
    12514G108 CDW CORP 3,764 8,358
    565849106 MARATHON OIL CORP 2,731 2,957
    874039100 TAIWAN SEMICONDUCTOR 3,500 3,444
    902973304 US BANCORP DEL 4,853 7,552
    34959J108 FORTIVE CORP 5,130 6,399
    437076102 HOME DEPOT INC USD 0 2,064 4,764
    46625H100 J P MORGAN CHASE & C 7,247 17,490
    67103H107 O'REILLY AUTOMOTIVE 4,729 5,557
    832696405 SMUCKER J M CO 5,312 4,412
    867914103 SUNTRUST BANKS INC 5,714 9,618
    00130H105 AES CORPORATION 3,536 3,598
    02005N100 ALLY FINL INC 4,344 4,206
    055622104 BP P L C SPONS ADR 4,228 5,348
    15135B101 CENTENE CORP DEL 4,123 7,818
    20030N101 COMCAST CORP NEW CL 7,220 11,792
    48238T109 KAR AUCTION SERVICES 5,348 5,850
    717081103 PFIZER INC COM 11,450 15,557
    7591EP100 REGIONS FINL CORP NE 5,403 6,679
    071813109 BAXTER INTL INC COM 5,097 7,169
    166764100 CHEVRONTEXACO CORP 9,384 9,782
    23331A109 D R HORTON INC 6,660 8,605
    25470M109 DISH NETWORK CORPATI 2,344 2,396
    26078J100 DOWDUPONT INC COM 6,945 8,489
    337932107 FIRSTENERGY CORP 6,237 7,657
    375558103 GILEAD SCIENCES INC 7,048 6,177
    670100205 NOVO NORDISK A/S ADR 5,054 4,761
    09062X103 BIOGEN IDEC INC 8,269 10,246
    172967424 CITIGROUP INC COM NE 1,225 3,157
    192446102 COGNIZANT TECHNOLOGY 7,634 9,027
    24703L103 DELL TECHNOLOGIES IN 4,601 7,284
    416515104 HARTFORD FINL SVCS G 4,567 4,197
    526057104 LENNAR CORP 3,578 3,362
    548661107 LOWES COMPANIES INC 6,084 11,941
    655844108 NORFOLK SOUTHERN COR 7,029 11,191
    695156109 PACKAGING CORP AMER 2,750 5,485
    867224107 SUNCOR ENERGY INC NE 7,949 9,402
    00817Y108 AETNA INC 2,380 6,897
    01973R101 ALLISON TRANSMISSION 3,109 4,005
    126650100 CVS CORP 4,062 4,330
    17275R102 CISCO SYS INC 7,875 13,622
    50540R409 LABORATORY CORP AMER 6,619 8,684
    91324P102 UNITED HEALTH GROUP 3,733 10,376
    02209S103 ALTRIA GROUP INC 8,808 10,011
    369604103 GENERAL ELECTRIC CO 5,234 3,184
    594918104 MICROSOFT CORP COM 11,519 26,991
    68389X105 ORACLE CORPORATION 1,794 1,908
    69331C108 PG&E CORP 6,089 4,969
    931142103 WAL MART STORES INC 9,485 11,645
    02079K305 ALPHABET INC SHS 3,621 12,071
    037833100 APPLE COMPUTER INC C 14,536 31,829
    143658300 CARNIVAL CORP 5,832 7,397
    247361702 DELTA AIR LINES INC 6,442 7,634
    269246401 E TRADE FINL CORP 3,390 4,034
    35671D857 FREEPORT-MCMORAN COP 5,511 5,067
    444859102 HUMANA INC COM 5,941 11,171
    917047102 URBAN OUTFITTERS INC 1,931 3,763
    02079K107 ALPHABET INC SHS 4,700 10,741

    TY 2017 OtherExpensesSchedule
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES-DIVIDEND I 5 5   0


    TY 2017 OtherIncomeSchedule2
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FED EXCISE TAX REFUND 151 0  


    TY 2017 OtherIncreasesSchedule
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Description Amount
    PURCHASE OF ACCRUED INTEREST C/O FROM PY 70
    COST BASIS ADJUSTMENT 41


    TY 2017 TaxesSchedule
    Name:
    EUNICE GARNER TR FBO ECAROLINA UNIV
    EIN:
    22-3614253
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 74 74   0
    FEDERAL TAX PAYMENT - PRIOR YE 201 0   0
    FEDERAL ESTIMATES - PRINCIPAL 458 0   0