Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
D AND E STEWART FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

87-6160658
B Telephone number (see instructions)

(888) 730-4933
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$1,878,366J 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... 58,122 58,122  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 103,507
b Gross sales price for all assets on line 6a 359,130
7 Capital gain net income (from Part IV, line 2)... 103,507
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).......      
12 Total. Add lines 1 through 11........ 161,629 161,629  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,988 4,714   12,274
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 5,572 163   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 1 1    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,561 4,878 0 12,274
25 Contributions, gifts, grants paid....... 90,539 90,539
26 Total expenses and disbursements. Add lines 24 and 25 113,100 4,878 0 102,813
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 48,529
b Net investment income (if negative, enter -0-) 156,751
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.............      
2 Savings and temporary cash investments......... 32,441 2,152 2,152
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)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,271,154 Click to see attachment1,350,698 1,876,214
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) 1,303,595 1,352,850 1,878,366
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 SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,303,595 1,352,850
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)..... 1,303,595 1,352,850
31 Total liabilities and net assets/fund balances (see instructions). 1,303,595 1,352,850
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
1,303,595
2
Enter amount from Part I, line 27a .....................
2
48,529
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,609
4
Add lines 1, 2, and 3 ..........................
4
1,353,733
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
883
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,352,850
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 15. APPLE INC   2012-10-09 2018-02-01
b 70. MICRO FOCUS INTL -SPN W/I ADR     2018-03-20
c 3000. GENERAL ELECTRIC CO     2018-03-26
d 75. MONSANTO CO NEW   2011-08-03 2018-06-07
e 1. LENNAR CORP   2010-04-26 2018-06-14
21. PERSPECTA INC     2018-06-14
.5 PERSPECTA INC   2017-02-28 2018-06-19
10. AT & T INC   2004-08-18 2018-06-21
5. ADOBE SYS INC   2013-01-15 2018-06-21
5. ALLSTATE CORP   2003-10-28 2018-06-21
5. ANALOG DEVICES INC   2018-02-01 2018-06-21
10. APPLE INC   2012-10-09 2018-06-21
15. B B & T CORP COM   2010-04-22 2018-06-21
35. BANK OF AMERICA CORP   2013-03-26 2018-06-21
5. BERSHIRE HATHAWAY INC.   2012-08-06 2018-06-21
5. BOEING CO   2010-04-22 2018-06-21
10. BRISTOL MYERS SQUIBB CO   2007-11-26 2018-06-21
5. CATERPILLAR INC   2010-04-22 2018-06-21
5. CELGENE CORP COM   2016-01-06 2018-06-21
5. CERNER CORP COM   2011-03-25 2018-06-21
5. CHEVRON CORP   2017-01-20 2018-06-21
10. CISCO SYSTEMS INC   2010-04-22 2018-06-21
10. CITIGROUP INC   2015-01-22 2018-06-21
10. COCA COLA CO     2018-06-21
5. CONOCOPHILLIPS   2003-10-28 2018-06-21
5. COSTCO WHOLESALE CORP   2016-09-08 2018-06-21
5. DANAHER CORP   2011-08-03 2018-06-21
5. WALT DISNEY CO   2010-04-22 2018-06-21
10. DOWDUPONT INC   1992-04-10 2018-06-21
5. DUKE ENERGY HOLDING CORP. COM   2013-08-22 2018-06-21
5. EQUITY RESIDENTIAL PPTYS TR SH BEN   2010-04-22 2018-06-21
5. EXXON MOBIL CORPORATION   1978-01-13 2018-06-21
5. FACEBOOK INC   2017-06-13 2018-06-21
5. FEDEX CORPORATION   2011-08-17 2018-06-21
5. FORTIVE CORP   2011-08-03 2018-06-21
5. GENERAL MOTORS CO   2010-11-18 2018-06-21
5. GILEAD SCIENCES INC   2013-06-06 2018-06-21
5. GOLDMAN SACHS GROUP INC   2010-04-22 2018-06-21
10. HP INC   2017-04-27 2018-06-21
5. HALLIBURTON CO   2011-08-03 2018-06-21
20. HEWLETT PACKARD ENTERPRISE CO   2017-03-17 2018-06-21
5. HOME DEPOT INC   2011-08-03 2018-06-21
5. HONEYWELL INTERNATIONAL INC   2016-02-18 2018-06-21
15. INTEL CORP   2005-11-22 2018-06-21
5. INTERNATIONAL BUSINESS MACHS CORP   2003-11-14 2018-06-21
15. JPMORGAN CHASE & CO   2008-08-19 2018-06-21
5. JOHNSON & JOHNSON   1991-01-15 2018-06-21
10. LENNAR CORPORATION CLASS A COMMON   2010-04-26 2018-06-21
5. LOWES COS INC   2018-02-01 2018-06-21
5. MCDONALDS CORP   2003-09-10 2018-06-21
5. MERCK & CO INC NEW   2009-06-01 2018-06-21
20. MICROSOFT CORP   2016-01-26 2018-06-21
5. MOHAWK INDS INC COM   2017-05-01 2018-06-21
10. MONDELEZ INTERNATIONAL INC   2013-03-26 2018-06-21
10. MORGAN STANLEY   2010-04-22 2018-06-21
5. OCCIDENTAL PETE CORP   2010-04-22 2018-06-21
15. ORACLE CORPORATION   2015-09-18 2018-06-21
5. PNC FINANCIAL SERVICES GROUP   2010-04-22 2018-06-21
5. PAYPAL HOLDINGS INC   2011-04-20 2018-06-21
5. PEPSICO INC   2016-09-08 2018-06-21
10. PFIZER INC   2005-09-12 2018-06-21
5. PHILLIPS 66   2012-08-06 2018-06-21
5. T ROWE PRICE GROUP INC   2010-04-22 2018-06-21
5. PROCTER & GAMBLE CO   1991-01-15 2018-06-21
5. QUALCOMM INC   2011-04-20 2018-06-21
5. ROYAL DUTCH SHELL PLC ADR   2017-02-28 2018-06-21
5. SALESFORCE COM INC   2018-02-01 2018-06-21
5. SCHLUMBERGER LTD   2010-04-22 2018-06-21
5. SYNCHRONY FINANCIAL   2017-03-17 2018-06-21
5. THERMO FISHER SCIENTIFIC INC   2017-05-01 2018-06-21
20. US BANCORP   2003-10-28 2018-06-21
5. UNION PACIFIC CORP   2010-04-22 2018-06-21
5. UNITED CONTINENTAL HOLDINGS, INC.   2010-04-22 2018-06-21
5. UNITED TECHNOLOGIES CORP   2007-01-03 2018-06-21
5. UNITEDHEALTH GROUP INC   2010-12-09 2018-06-21
5. VERIZON COMMUNICATIONS   2010-12-09 2018-06-21
5. WAL MART STORES INC   2010-04-22 2018-06-21
5. WALGREENS BOOTS ALLIANCE INC   2010-12-09 2018-06-21
10. ZOETIS INC   2002-05-02 2018-06-21
5. ALLERGAN PLC   2013-10-02 2018-06-21
5. ACCENTURE PLC   2010-04-22 2018-06-21
5. ROYAL CARRIBEAN CRUISE   2011-08-17 2018-06-21
30. BIOGEN IDEC INC   2014-05-20 2018-07-09
100000. US TREASURY NOTE 4.000% 8/15/18   2008-08-18 2018-08-15
35. AT & T INC   2018-07-19 2018-09-27
15. ADOBE SYS INC   2013-01-15 2018-09-27
10. ALLSTATE CORP   2003-10-28 2018-09-27
5. AMAZON COM INC COM   2010-04-22 2018-09-27
15. ANALOG DEVICES INC   2018-02-01 2018-09-27
25. APPLE INC     2018-09-27
30. B B & T CORP COM   2010-04-22 2018-09-27
85. BANK OF AMERICA CORP   2013-03-26 2018-09-27
10. BERSHIRE HATHAWAY INC.   2012-08-06 2018-09-27
5. BOEING CO   2010-04-22 2018-09-27
25. BRISTOL MYERS SQUIBB CO   2007-11-26 2018-09-27
5. CATERPILLAR INC   2010-04-22 2018-09-27
10. CERNER CORP COM   2011-03-25 2018-09-27
15. CHEVRON CORP   2017-01-20 2018-09-27
25. CISCO SYSTEMS INC   2010-04-22 2018-09-27
20. CITIGROUP INC   2015-01-22 2018-09-27
20. COCA COLA CO   2010-04-22 2018-09-27
10. CONOCOPHILLIPS   2003-10-28 2018-09-27
10. COSTCO WHOLESALE CORP   2016-09-08 2018-09-27
5. EVERETT SPINCO INC   2017-03-17 2018-09-27
10. DANAHER CORP   2011-08-03 2018-09-27
5. DEERE & CO   2017-03-17 2018-09-27
15. WALT DISNEY CO   2010-04-22 2018-09-27
20. DOWDUPONT INC   1992-04-10 2018-09-27
10. DUKE ENERGY HOLDING CORP. COM   2013-08-22 2018-09-27
5. EQUITY RESIDENTIAL PPTYS TR SH BEN   2010-04-22 2018-09-27
15. EXXON MOBIL CORPORATION   1978-01-13 2018-09-27
5. FACEBOOK INC   2017-06-13 2018-09-27
5. FEDEX CORPORATION   2011-08-17 2018-09-27
5. FORTIVE CORP   2011-08-03 2018-09-27
10. GENERAL MOTORS CO   2010-11-18 2018-09-27
15. GILEAD SCIENCES INC   2013-06-06 2018-09-27
5. GOLDMAN SACHS GROUP INC   2010-04-22 2018-09-27
25. HP INC   2017-04-27 2018-09-27
15. HALLIBURTON CO   2011-08-03 2018-09-27
45. HEWLETT PACKARD ENTERPRISE CO   2017-03-17 2018-09-27
15. HOME DEPOT INC   2011-08-03 2018-09-27
10. HONEYWELL INTERNATIONAL INC   2016-02-18 2018-09-27
30. INTEL CORP   2005-11-22 2018-09-27
5. INTERNATIONAL BUSINESS MACHS CORP   2003-11-14 2018-09-27
30. JPMORGAN CHASE & CO   2008-08-19 2018-09-27
10. JOHNSON & JOHNSON   1991-01-15 2018-09-27
25. LENNAR CORPORATION CLASS A COMMON   2010-04-26 2018-09-27
5. LOWES COS INC   2018-02-01 2018-09-27
10. MCDONALDS CORP   2003-09-10 2018-09-27
15. MERCK & CO INC NEW   2009-06-01 2018-09-27
45. MICROSOFT CORP     2018-09-27
5. MOHAWK INDS INC COM   2017-05-01 2018-09-27
25. MONDELEZ INTERNATIONAL INC   2013-03-26 2018-09-27
30. MORGAN STANLEY   2010-04-22 2018-09-27
15. OCCIDENTAL PETE CORP   2010-04-22 2018-09-27
30. ORACLE CORPORATION   2015-09-18 2018-09-27
20. PNC FINANCIAL SERVICES GROUP   2010-04-22 2018-09-27
15. PAYPAL HOLDINGS INC   2011-04-20 2018-09-27
10. PEPSICO INC   2016-09-08 2018-09-27
30. PFIZER INC   2005-09-12 2018-09-27
15. PHILLIPS 66   2012-08-06 2018-09-27
10. T ROWE PRICE GROUP INC     2018-09-27
15. PROCTER & GAMBLE CO   1991-01-15 2018-09-27
10. PROLOGIS INC   2018-07-19 2018-09-27
15. QUALCOMM INC   2010-12-09 2018-09-27
10. ROYAL DUTCH SHELL PLC ADR   2017-02-28 2018-09-27
5. SALESFORCE COM INC   2018-02-01 2018-09-27
10. SCHLUMBERGER LTD   2010-04-22 2018-09-27
5. SHERWIN WILLIAMS CO   2015-08-12 2018-09-27
15. SYNCHRONY FINANCIAL   2017-03-17 2018-09-27
5. THERMO FISHER SCIENTIFIC INC   2017-05-01 2018-09-27
45. US BANCORP   2003-10-28 2018-09-27
15. UNION PACIFIC CORP   2010-04-22 2018-09-27
15. UNITED CONTINENTAL HOLDINGS, INC.   2010-04-22 2018-09-27
10. UNITED TECHNOLOGIES CORP   2007-01-03 2018-09-27
15. UNITEDHEALTH GROUP INC   2010-12-09 2018-09-27
15. VERIZON COMMUNICATIONS   2010-12-09 2018-09-27
15. WAL MART STORES INC   2010-04-22 2018-09-27
15. WALGREENS BOOTS ALLIANCE INC   2010-12-09 2018-09-27
25. ZOETIS INC   2002-05-02 2018-09-27
5. ALLERGAN PLC   2013-10-02 2018-09-27
10. ACCENTURE PLC   2010-04-22 2018-09-27
10. ROYAL CARRIBEAN CRUISE   2011-08-17 2018-09-27
CAPITAL GAIN DIVIDENDS P    
(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 2,508   1,347 1,161
b 992   2,054 -1,062
c 38,977   55,618 -16,641
d 9,600   5,279 4,321
e 42   17 25
474   354 120
11   8 3
318   256 62
1,246   191 1,055
463   197 266
498   461 37
1,855   898 957
782   506 276
1,024   429 595
941   429 512
1,694   376 1,318
536   281 255
706   334 372
396   585 -189
301   136 165
612   581 31
433   270 163
677   492 185
430   355 75
328   109 219
1,049   772 277
489   176 313
533   182 351
653   177 476
384   331 53
312   217 95
398   14 384
1,011   755 256
1,241   395 846
391   109 282
206   165 41
356   251 105
1,137   786 351
234   188 46
225   257 -32
307   265 42
1,002   163 839
722   532 190
785   389 396
708   454 254
1,614   533 1,081
607   42 565
517   204 313
496   521 -25
802   117 685
305   137 168
2,029   1,043 986
1,057   1,173 -116
406   296 110
496   314 182
412   407 5
646   551 95
709   339 370
431   96 335
534   535 -1
362   264 98
559   200 359
619   292 327
380   50 330
293   266 27
334   259 75
691   566 125
325   339 -14
172   177 -5
1,033   836 197
1,021   532 489
716   191 525
376   102 274
618   317 301
1,257   183 1,074
243   168 75
420   271 149
338   181 157
874   380 494
863   720 143
801   219 582
555   125 430
10,549   8,033 2,516
100,000   101,559 -1,559
1,167   1,104 63
4,050   573 3,477
985   394 591
10,050   742 9,308
1,383   1,384 -1
5,629   1,188 4,441
1,476   1,012 464
2,556   1,043 1,513
2,170   858 1,312
1,836   376 1,460
1,547   702 845
764   334 430
643   273 370
1,843   1,743 100
1,212   676 536
1,463   984 479
920   543 377
777   219 558
2,345   1,544 801
470   285 185
1,083   351 732
757   554 203
1,741   546 1,195
1,311   355 956
790   661 129
326   217 109
1,289   42 1,247
848   755 93
1,203   395 808
422   109 313
337   330 7
1,152   753 399
1,141   786 355
644   470 174
608   770 -162
736   596 140
3,108   490 2,618
1,657   1,063 594
1,376   778 598
759   454 305
3,458   1,066 2,392
1,388   85 1,303
1,176   510 666
574   521 53
1,667   234 1,433
1,062   412 650
5,165   2,334 2,831
900   1,173 -273
1,077   739 338
1,440   942 498
1,220   1,220  
1,560   1,103 457
2,759   1,355 1,404
1,341   289 1,052
1,115   1,069 46
1,319   792 527
1,699   601 1,098
1,102   583 519
1,250   149 1,101
666   632 34
1,080   712 368
688   519 169
802   566 236
612   678 -66
2,275   1,367 908
477   530 -53
1,223   836 387
2,389   1,198 1,191
2,460   573 1,887
1,328   304 1,024
1,400   634 766
3,970   550 3,420
802   504 298
1,415   814 601
1,113   543 570
2,282   949 1,333
953   720 233
1,704   437 1,267
1,294   249 1,045
      21,904
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,161
b       -1,062
c       -16,641
d       4,321
e       25
      120
      3
      62
      1,055
      266
      37
      957
      276
      595
      512
      1,318
      255
      372
      -189
      165
      31
      163
      185
      75
      219
      277
      313
      351
      476
      53
      95
      384
      256
      846
      282
      41
      105
      351
      46
      -32
      42
      839
      190
      396
      254
      1,081
      565
      313
      -25
      685
      168
      986
      -116
      110
      182
      5
      95
      370
      335
      -1
      98
      359
      327
      330
      27
      75
      125
      -14
      -5
      197
      489
      525
      274
      301
      1,074
      75
      149
      157
      494
      143
      582
      430
      2,516
      -1,559
      63
      3,477
      591
      9,308
      -1
      4,441
      464
      1,513
      1,312
      1,460
      845
      430
      370
      100
      536
      479
      377
      558
      801
      185
      732
      203
      1,195
      956
      129
      109
      1,247
      93
      808
      313
      7
      399
      355
      174
      -162
      140
      2,618
      594
      598
      305
      2,392
      1,303
      666
      53
      1,433
      650
      2,831
      -273
      338
      498
       
      457
      1,404
      1,052
      46
      527
      1,098
      519
      1,101
      34
      368
      169
      236
      -66
      908
      -53
      387
      1,191
      1,887
      1,024
      766
      3,420
      298
      601
      570
      1,333
      233
      1,267
      1,045
       
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 2 103,507
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 93,583 1,935,968 0.048339
2016 88,161 1,788,443 0.049295
2015 81,473 1,834,439 0.044413
2014 90,772 1,802,451 0.05036
2013 135,245 1,707,923 0.079187
2
Total of line 1, column (d) .....................
2
0.271594
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
0.054319
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,024,947
5
Multiply line 4 by line 3......................
5
109,993
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,568
7
Add lines 5 and 6........................
7
111,561
8
Enter qualifying distributions from Part XII, line 4,.............
8
102,813
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 3,135
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 3,135
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 3,135
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,162
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 3,162
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 27
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet27 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)
    bulletUT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    Wells Fargo Bank NA TRUSTEE
    1     		4,388    
    100 N ST MAC D4001-117
    WINSTON SALEM,SC27101
    KIRSTEN HURST-HYDE DIRECTOR
    1     		2,100    
    6112 SOUTH 2850
    OGDEN,UT84403
    RICHARD STROMBERG DIRECTOR
    1     		2,100    
    1759 E BEECHWOOD DRIVE
    LAYTON,UT84040
    JAMIE SHENEFELT DIRECTOR
    1     		2,100    
    5039 SOUTH 1200 EAST
    OGDEN,UT84403
    JACK D LAMPROS DIRECTOR
    1     		2,100    
    5890 TRAILWINDS DRIVE
    FORT MEYERS,FL33907
    DEAN W HURST DIRECTOR
    1     		2,100    
    4230 EDGEHILL DRIVE
    OGDEN,UT88403
    BERNICE C STROMBERG DIRECTOR
    1     		2,100    
    1145 EAST 5575 SOUTH
    OGDEN,UT88405
    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.............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 (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
    2,014,356
    b
    Average of monthly cash balances.......................
    1b
    41,428
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,055,784
    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
    2,055,784
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    30,837
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,024,947
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    101,247
    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
    101,247
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,135
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,135
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    98,112
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    98,112
    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
    98,112
    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
    102,813
    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
    102,813
    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
    102,813
    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 98,112
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 11,120
    b Total for prior years:2016, 2015, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 102,813
    a Applied to 2017, but not more than line 2a 11,120
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 91,693
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		6,419
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    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).)
    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 (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
    WEBER STATE UNIVERSITY FOUNDATION
    1001 UNIVERSITY CIR
    OGDEN,UT84408     		NONE PC GENERAL OPERATING 90,539
    Total .................................bullet 3a 90,539
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 58,122  
    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 ............     		    18 103,507  
    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)..   161,629  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    161,629
    (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 GeneralExplanationAttachment
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Identifier Return Reference Explanation
    The compensation reported in column (c) is calculated based on periodic market values and/or the applicable fee agreement. It is not determined on an hourly basis and the reference to one hour per week is an estimate only. Corporate trustee services include, but are not limited to, administrative services such as fiduciary accounting, custody of assets, complying with tax filing requirements, complying with distribution provisions, and complying with federal and state laws applicable to private foundations, plus asset management services such as creating asset allocation strategies, investments reporting and reallocating and rebalancing of portfolios as necessary.

    TY 2018 InvestmentsOtherSchedule2
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    58933Y105 MERCK & CO INC NEW AT COST 3,706 10,315
    912828XG0 US TREASURY NOTE AT COST 49,836 49,407
    20825C104 CONOCOPHILLIPS AT COST 2,299 6,547
    40434L105 HP INC AT COST 4,984 5,422
    26078J100 DOWDUPONT INC AT COST 3,301 9,947
    00724F101 ADOBE SYS INC AT COST 4,482 28,280
    053015103 AUTOMATIC DATA PROCE AT COST 4,134 5,245
    235851102 DANAHER CORP AT COST 3,515 10,312
    254687106 WALT DISNEY CO AT COST 4,734 14,255
    406216101 HALLIBURTON CO AT COST 6,807 4,652
    617446448 MORGAN STANLEY AT COST 7,537 11,102
    674599105 OCCIDENTAL PETE CORP AT COST 9,718 7,673
    693475105 PNC FINANCIAL SERVIC AT COST 11,578 20,459
    713448108 PEPSICO INC AT COST 8,553 8,838
    931142103 WAL MART STORES INC AT COST 7,325 12,575
    191216100 COCA COLA CO AT COST 5,290 9,233
    912828WJ5 US TREASURY NOTE 2.5 AT COST 39,663 39,926
    30231G102 EXXON MOBIL CORPORAT AT COST 493 11,933
    87165B103 SYNCHRONY FINANCIAL AT COST 4,951 3,284
    92343V104 VERIZON COMMUNICATIO AT COST 4,701 7,871
    084670702 BERSHIRE HATHAWAY IN AT COST 7,722 18,376
    912828MP2 US TREASURY NOTE 3.6 AT COST 49,776 50,543
    910047109 UNITED CONTINENTAL H AT COST 3,207 13,229
    79466L302 SALESFORCE COM INC AT COST 5,658 6,849
    37045V100 GENERAL MOTORS CO AT COST 3,960 4,014
    74340W103 PROLOGIS INC AT COST 6,641 6,166
    780259206 ROYAL DUTCH SHELL PL AT COST 4,149 4,662
    9128282N9 US TREASURY NOTE AT COST 49,521 48,912
    912828VS6 US TREASURY NOTE 2.6 AT COST 50,590 49,985
    020002101 ALLSTATE CORP COM AT COST 4,929 10,329
    097023105 BOEING COMPANY AT COST 5,267 22,575
    458140100 INTEL CORP AT COST 8,149 15,252
    46625H100 JPMORGAN CHASE & CO AT COST 10,405 30,262
    902973304 US BANCORP DEL NEW AT COST 11,831 21,708
    70450Y103 PAYPAL HOLDINGS INC AT COST 2,407 10,511
    02079K107 ALPHABET INC/CA AT COST 9,412 31,068
    26441C204 DUKE ENERGY HOLDING AT COST 5,950 7,767
    98978V103 ZOETIS INC AT COST 8,205 23,438
    609207105 MONDELEZ INTERNATION AT COST 5,002 10,008
    156782104 CERNER CORP COM AT COST 2,591 4,982
    17275R102 CISCO SYSTEMS INC AT COST 6,896 11,049
    369604103 GENERAL ELECTRIC CO AT COST 2,254 3,785
    478160104 JOHNSON & JOHNSON AT COST 1,062 16,131
    907818108 UNION PACIFIC CORP AT COST 5,157 18,661
    H1467J104 CHUBB LTD AT COST 6,207 5,167
    912828U57 US TREASURY NOTE AT COST 49,746 49,098
    244199105 DEERE & CO AT COST 4,989 6,713
    594918104 MICROSOFT CORP AT COST 13,373 45,199
    608190104 MOHAWK INDS INC COM AT COST 7,193 4,678
    717081103 PFIZER INC AT COST 5,455 12,659
    883556102 THERMO FISHER SCIENT AT COST 9,749 13,427
    913017109 UNITED TECHNOLOGIES AT COST 5,710 9,583
    931427108 WALGREENS BOOTS ALLI AT COST 4,888 9,225
    366505105 GARRETT MOTION INC AT COST 103 111
    G0177J108 ALLERGAN PLC AT COST 11,520 10,693
    42824C109 HEWLETT PACKARD ENTE AT COST 6,047 6,077
    912828PX2 US TREASURY NOTE 3.6 AT COST 49,987 51,157
    172967424 CITIGROUP INC AT COST 9,594 10,152
    9128282P4 US TREASURY NOTE AT COST 49,418 48,963
    949746101 WELLS FARGO & CO AT COST 29,278 46,080
    30303M102 FACEBOOK INC AT COST 7,377 8,521
    V7780T103 ROYAL CARRIBEAN CRUI AT COST 2,241 8,801
    023135106 AMAZON COM INC AT COST 5,197 52,569
    037833100 APPLE COMPUTER INC C AT COST 8,316 35,492
    437076102 HOME DEPOT INC AT COST 4,577 24,055
    68389X105 ORACLE CORPORATION AT COST 7,495 14,674
    742718109 PROCTER & GAMBLE CO AT COST 1,341 12,409
    824348106 SHERWIN WILLIAMS CO AT COST 11,724 17,706
    91324P102 UNITEDHEALTH GROUP I AT COST 4,947 33,631
    94988A718 WF SMALL CAP OPPORTU AT COST 69,925 34,448
    34959J108 FORTIVE CORP AT COST 1,028 3,180
    23355L106 EVERETT SPINCO INC AT COST 2,154 2,020
    718546104 PHILLIPS 66 AT COST 3,134 11,803
    054937107 BB&T CORP COM AT COST 9,418 12,779
    110122108 BRISTOL MYERS SQUIBB AT COST 5,071 11,955
    580135101 MCDONALDS CORP AT COST 1,871 14,206
    806857108 SCHLUMBERGER LTD AT COST 5,765 3,067
    38141G104 GOLDMAN SACHS GROUP AT COST 6,288 6,682
    151020104 CELGENE CORP COM AT COST 2,923 1,602
    29476L107 EQUITY RESIDENTIAL P AT COST 3,682 5,611
    912828B66 US TREASURY NOTE 2.7 AT COST 113,167 101,070
    526057104 LENNAR CORPORATION C AT COST 4,792 9,200
    548661107 LOWES COS INC AT COST 5,213 4,618
    747525103 QUALCOMM INC AT COST 6,643 7,967
    78462F103 SPDR S & P 500 ETF T AT COST 9,756 8,747
    67066G104 NVIDIA CORP AT COST 4,863 4,005
    438516106 HONEYWELL INTERNATIO AT COST 9,190 11,891
    00206R102 AT & T INC AT COST 9,057 10,132
    81369Y886 AMEX UTILITIES SPDR AT COST 11,738 11,378
    912828Y61 US TREASURY NOTE AT COST 100,129 101,066
    912828LJ7 US TREASURY NOTE 3.6 AT COST 25,326 25,158
    912828XB1 US TREASURY NOTE AT COST 97,395 97,313
    032654105 ANALOG DEVICES INC AT COST 14,700 14,763
    149123101 CATERPILLAR INC AT COST 3,671 6,989
    375558103 GILEAD SCIENCES INC AT COST 8,783 10,946
    459200101 INTERNATIONAL BUSINE AT COST 4,669 6,252
    060505104 BANK AMER CORP AT COST 7,822 20,796
    22160K105 COSTCO WHOLESALE COR AT COST 6,509 16,297
    31428X106 FEDEX CORPORATION AT COST 4,346 8,873
    74144T108 T ROWE PRICE GROUP I AT COST 5,232 8,309
    76118Y104 RESIDEO TECHNOLOGIES AT COST 276 308
    G1151C101 ACCENTURE PLC AT COST 4,592 14,806
    166764100 CHEVRON CORP AT COST 6,750 13,599

    TY 2018 OtherDecreasesSchedule
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 56
    PY RETURN OF CAPITAL ADJUSTMENT 827


    TY 2018 OtherExpensesSchedule
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES-DIVIDEND I 1 1   0


    TY 2018 OtherIncreasesSchedule
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Description Amount
    GAIN/LOSS ON PY SALES NOT SETTLED AT YEA 1,543
    COST BASIS ADJUSTMENT 66


    TY 2018 TaxesSchedule
    Name:
    D AND E STEWART FOUNDATION
    EIN:
    87-6160658
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 163 163   0
    FEDERAL TAX PAYMENT - PRIOR YE 2,247 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,162 0   0