Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
FRANK T JACKSON TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT P O BOX 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35202
A Employer identification number

61-6544584
B Telephone number (see instructions)

(205) 420-7753
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,114,914J 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 944    
4 Dividends and interest from securities... 92,294 91,407  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 33,843
b Gross sales price for all assets on line 6a 715,089
7 Capital gain net income (from Part IV, line 2)... 33,843
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........ 127,081 125,250  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 36,825 29,460   7,365
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 438 0 0 438
b Accounting fees (attach schedule)....... Click to see attachment 900 0 0 900
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,042 2,142   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,205 31,602 0 8,703
25 Contributions, gifts, grants paid....... 155,017 155,017
26 Total expenses and disbursements. Add lines 24 and 25 196,222 31,602 0 163,720
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -69,141
b Net investment income (if negative, enter -0-) 93,648
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............. 235    
2 Savings and temporary cash investments......... 112,533 31,850 31,850
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) 274,792    
b Investments—corporate stock (attach schedule)....... 1,728,517    
c Investments—corporate bonds (attach schedule)....... 393,903    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 625,717 Click to see attachment3,033,797 3,083,064
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) 3,135,697 3,065,647 3,114,914
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........ 3,135,697 3,065,647
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)..... 3,135,697 3,065,647
31 Total liabilities and net assets/fund balances (see instructions). 3,135,697 3,065,647
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
3,135,697
2
Enter amount from Part I, line 27a .....................
2
-69,141
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,066,556
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
909
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,065,647
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 3000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-01-10
b 9000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-01-10
c 12000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023   2016-07-19 2018-01-18
d 1000. TEVA PHARMACEUTICALS NE 2.8% 21 JUL 2023   2017-12-07 2018-01-18
e 9000.08672 US TREASURY N/B 1.75% 30 APR 2022   2017-09-11 2018-01-19
2999.91328 US TREASURY N/B 1.75% 30 APR 2022   2017-02-06 2018-01-19
10. BLACKROCK INC CL A   2015-07-07 2018-01-30
291. HOLLYFRONTIER CORP   2016-07-05 2018-01-30
44. JPMORGAN CHASE & CO   2015-09-18 2018-01-30
57. MICROSOFT CORP COM   2016-07-05 2018-01-30
30000. MS DEV BK 01 SEP 2007 4.75% 01 SEP 2026   2014-08-07 2018-01-30
68. PEPSICO INC COM   2015-07-07 2018-01-30
41. PRUDENTIAL FINANCIAL INC COM   2015-07-07 2018-01-30
2949.123 PRUDENTIAL HIGH YIELD FUND-Z   2017-06-02 2018-01-30
15000. RANKIN CNTY MS REF GENERAL OBLIG UNLTD CALLABLE SINKABLE 4% 6/3   2014-08-07 2018-01-30
375. REGAL ENTMT GROUP   2017-05-05 2018-01-30
403. REGAL ENTMT GROUP   2015-09-18 2018-01-30
663.095 TEMPLETON GLOBAL BD FD ADVISOR CL   2017-04-24 2018-01-30
41. LYONDELLBASELL INDU-CL A   2016-02-16 2018-01-30
16000. DEUTSCHE BANK AG LONDON 1.875% 13 FEB 2018   2016-07-07 2018-02-13
7999.95602 US TREASURY N/B 1.625% 15 MAY 2026   2016-08-10 2018-02-16
6000.04398 US TREASURY N/B 1.625% 15 MAY 2026   2016-08-10 2018-02-16
11000. COMCAST CORP   2016-07-07 2018-02-21
1000. COMCAST CORP   2018-02-05 2018-02-21
236. ALTRIA GROUP INC   2016-02-16 2018-02-28
95. BB&T CORP COM   2015-07-07 2018-02-28
430. GENERAL ELECTRIC CO   2017-11-28 2018-02-28
526. GENERAL ELECTRIC CO   2016-02-16 2018-02-28
16. LOCKHEED MARTIN CORP COM   2017-01-10 2018-02-28
13000. US TREASURY N/B 1.25% 31 JAN 2020   2016-02-10 2018-03-07
13000. US TREASURY N/B 1.25% 31 JAN 2020   2016-03-14 2018-03-12
12000. US TREASURY N/B .75% 15 JUL 2019   2016-08-04 2018-03-14
1000. US TREASURY N/B .75% 15 JUL 2019   2018-02-05 2018-03-14
24000. US TREASURY N/B 1.75% 30 APR 2022   2017-03-08 2018-03-14
2000. US TREASURY N/B 1.75% 30 APR 2022   2017-03-08 2018-03-14
14000. US TREASURY N/B 1.625% 15 MAY 2026   2016-08-10 2018-03-16
7. CLOROX COMPANY COMMON   2018-02-28 2018-04-03
7. GALLAGHER ARTHUR J & CO   2015-07-07 2018-04-03
115. KRAFT HEINZ CO   2016-07-05 2018-04-03
5. MSC INDL DIRECT INC   2018-02-28 2018-04-03
10. ONEOK INC NEW   2018-01-30 2018-04-03
474. WELLS FARGO & CO NEW COM   2016-07-05 2018-04-03
1000. AT&T INC 5.06% 5/15/18   2016-07-07 2018-04-05
1000. AIR LEASE CORP 2.125% 15 JAN 2020   2018-03-12 2018-04-05
1000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019   2016-07-07 2018-04-05
1000. ASTRAZENECA PLC 1.75% 11/16/18   2016-07-07 2018-04-05
1000. BANK OF MONTREAL 1.5% 7/18/19   2016-07-14 2018-04-05
1000. BIOGEN INC 2.9% 9/15/20   2017-08-24 2018-04-05
1000. CSX CORP 3.8% 01 MAR 2028   2018-02-16 2018-04-05
1000. CVS HEALTH CORP 3.125% 09 MAR 2020   2018-03-07 2018-04-05
1000. CAPITAL ONE FINANCIAL CO 2.5% 12 MAY   2017-05-10 2018-04-05
1000. CISCO SYSTEMS INC 1.6% 2/28/19   2016-07-07 2018-04-05
1000. CITIGROUP INC 2.65% 10/26/20   2015-10-19 2018-04-05
1000. JOHN DEERE CAPITAL COR 2.3% 9/16/19   2016-07-07 2018-04-05
1000. FEDERAL HOME LN MTG CORP   2017-07-24 2018-04-05
1000. GENERAL ELEC CAP CORP   2016-07-07 2018-04-05
1000. LLOYDS BANKING GROUP PLC 4.375% 22 MAR 2   2018-03-16 2018-04-05
1000. ORACLE CORP 5.75% 15 APR 2018   2016-07-07 2018-04-05
1000. ROYAL BANK OF CANADA 2.5% 19 JAN 2021   2018-01-10 2018-04-05
1000. SHELL INTERNATIONAL 1.375% 10 MAY 2019   2016-07-07 2018-04-05
1000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023   2015-09-04 2018-04-05
2000.08797 US TREASURY N/B 2.875% 15 MAY 2043   2015-09-04 2018-04-05
5999.91203 US TREASURY N/B 2.875% 15 MAY 2043   2016-07-07 2018-04-05
1000. US TREASURY N/B 1.25% 31 JAN 2020   2015-09-04 2018-04-05
2000. US TREASURY N/B 1.625% 15 MAY 2026   2016-08-10 2018-04-05
2000. US TREASURY N/B 1.75% 15 MAY 2023   2015-09-04 2018-04-05
2000. ORACLE CORP 5.75% 15 APR 2018   2018-02-05 2018-04-16
10000. ORACLE CORP 5.75% 15 APR 2018   2016-07-07 2018-04-16
15000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019   2016-07-07 2018-04-23
1000. ANHEUSER-BUSCH INBEV FIN 1.9% 01 FEB 2019   2018-02-05 2018-04-23
1000. BANK OF AMERICA CORP 6.875% 25 APR 2018   2017-12-07 2018-04-25
7000. BANK OF AMERICA CORP 6.875% 25 APR 2018   2016-07-07 2018-04-25
2000. AT&T INC 5.06% 5/15/18   2018-02-05 2018-05-15
14000. AT&T INC 5.06% 5/15/18   2016-07-07 2018-05-15
12000. TORONTO-DOMINION BANK 2.625% 10 SEP 2018   2016-07-07 2018-05-18
11000. CISCO SYSTEMS INC 1.6% 2/28/19   2016-07-07 2018-06-21
1000. CISCO SYSTEMS INC 1.6% 2/28/19   2018-02-05 2018-06-21
1397.257 ADVISERS INVT TR JOHCM INTL SL I   2017-11-28 2018-06-22
204.138 ADVISERS INVT TR JOHCM INTL SL I   2017-06-02 2018-06-22
107.795 INVESCO INTL GRWTH-R5   2017-06-02 2018-06-22
393.263 INVESCO INTL GRWTH-R5   2018-01-30 2018-06-22
23. CHEVRON CORP   2016-07-05 2018-06-22
48. GALLAGHER ARTHUR J & CO   2015-07-07 2018-06-22
39. MERCK & CO INC   2018-01-30 2018-06-22
29. MICROSOFT CORP COM   2016-07-05 2018-06-22
9. NASDAQ STK MKT INC   2018-04-03 2018-06-22
21. NEXTERA ENERGY INC   2015-07-15 2018-06-22
30. OCCIDENTAL PETROLEUM CORP   2015-07-27 2018-06-22
26. ONEOK INC NEW   2018-01-30 2018-06-22
14. RAYTHEON CO COM NEW   2015-07-07 2018-06-22
1178. VANGUARD FTSE DEVELOPED ETF   2017-11-28 2018-06-22
35. WASTE MGMT INC DEL COM   2015-07-07 2018-06-22
1000. APPLE INC 2.3% 11 MAY 2022   2017-05-05 2018-08-06
1000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19   2016-07-07 2018-08-06
1000. LOCKHEED MARTIN CORP 3.8% 01 MAR 2045   2018-02-05 2018-08-15
12000. LOCKHEED MARTIN CORP 3.8% 01 MAR 2045   2015-09-04 2018-08-15
15000.10665 US TREASURY N/B 2.875% 15 MAY 2043   2017-12-12 2018-08-29
1999.89335 US TREASURY N/B 2.875% 15 MAY 2043   2017-12-12 2018-08-29
11000. SHELL INTERNATIONAL 1.375% 10 MAY 2019   2016-07-07 2018-09-19
1000. SHELL INTERNATIONAL 1.375% 10 MAY 2019   2018-02-05 2018-09-19
13000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19   2016-07-07 2018-09-20
2000. GOLDMAN SACHS GROUP IN 7.5% 2/15/19   2018-02-05 2018-09-20
280. AT&T INC   2017-05-05 2018-10-10
184. KAR AUCTION SERVICES INC   2015-09-18 2018-10-10
284. PFIZER INC COM   2015-10-20 2018-10-10
82. 3M CO COM   2015-09-18 2018-10-10
167. WESTROCK CO   2016-10-13 2018-10-11
11000. ASTRAZENECA PLC 1.75% 11/16/18   2016-07-07 2018-10-31
1000. ASTRAZENECA PLC 1.75% 11/16/18   2018-02-05 2018-10-31
1000. DUKE ENERGY CORP 2.4% 15 AUG 2022   2018-01-18 2018-11-06
1000. FIFTH THIRD BANK 2.25% 6/14/21   2018-02-05 2018-11-06
1000. PRUDENTIAL FINANCIAL INC 4.5% 15 NOV 2020   2017-12-07 2018-11-06
7000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023   2015-09-04 2018-11-15
3000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023   2018-02-05 2018-11-15
3000. US TREASURY N/B 2.875% 15 MAY 2043   2017-12-12 2018-12-06
8000. US TREASURY N/B 2.875% 15 MAY 2043   2018-02-05 2018-12-10
117.052 INVESCO INTL GRWTH-R5   2017-07-24 2018-12-11
190.572 DOUBLELINE EMG MKTS INC-I   2018-03-12 2018-12-11
100. PPL CORP   2018-01-30 2018-12-11
1333.333 PRUDENTIAL HIGH YIELD FUND-Z   2017-04-24 2018-12-11
268.864 TEMPLETON GLOBAL BD FD ADVISOR CL   2017-04-24 2018-12-11
35. VANGUARD FTSE DEVELOPED ETF   2017-07-24 2018-12-11
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 2,956   3,011 -55
b 8,867   9,032 -165
c 10,569   12,025 -1,456
d 881   884 -3
e 8,779   8,960 -181
2,926   2,970 -44
5,683   3,411 2,272
13,560   7,742 5,818
5,059   2,766 2,293
5,306   2,912 2,394
30,068   30,000 68
8,168   6,493 1,675
4,985   3,526 1,459
16,338   16,419 -81
15,210   15,000 210
8,587   8,086 501
9,229   7,539 1,690
7,897   8,163 -266
4,864   3,415 1,449
16,000   15,989 11
7,277   8,056 -779
5,458   6,042 -584
11,457   11,819 -362
1,042   1,047 -5
15,013   14,188 825
5,263   3,813 1,450
6,098   7,921 -1,823
7,459   14,212 -6,753
5,710   4,109 1,601
12,761   13,043 -282
12,758   12,995 -237
11,777   12,000 -223
981   982 -1
23,257   23,630 -373
1,938   1,960 -22
12,766   14,105 -1,339
901   907 -6
470   332 138
6,848   9,818 -2,970
441   443 -2
557   587 -30
24,488   25,182 -694
1,003   1,004 -1
983   984 -1
997   1,001 -4
995   1,004 -9
984   1,000 -16
996   1,019 -23
993   1,003 -10
1,004   1,002 2
986   1,001 -15
993   1,006 -13
989   1,000 -11
994   1,015 -21
1,354   1,414 -60
1,050   1,101 -51
1,007   1,004 3
1,000   1,001 -1
987   1,000 -13
987   1,003 -16
1,179   1,219 -40
1,936   1,982 -46
5,809   6,414 -605
981   993 -12
1,828   2,014 -186
1,914   1,966 -52
2,000   2,000  
10,000   10,000  
15,000   14,978 22
1,000   997 3
1,000   1,000  
7,000   7,000  
2,000   2,000  
14,000   14,000  
12,010   12,034 -24
10,930   11,007 -77
994   994  
33,534   29,907 3,627
4,899   4,250 649
3,778   3,816 -38
13,784   14,419 -635
2,879   2,373 506
3,215   2,275 940
2,398   2,371 27
2,920   1,481 1,439
843   772 71
3,442   2,157 1,285
2,499   2,026 473
1,824   1,505 319
2,712   1,365 1,347
51,148   50,257 891
2,868   1,638 1,230
974   998 -24
1,025   1,029 -4
936   970 -34
11,235   10,815 420
14,619   15,406 -787
1,949   2,043 -94
10,918   10,980 -62
993   993  
13,257   13,253 4
2,040   2,040  
9,332   9,984 -652
10,442   6,863 3,579
12,692   9,838 2,854
16,610   11,863 4,747
7,278   7,516 -238
10,996   11,000 -4
1,000   1,000  
953   978 -25
968   984 -16
1,023   1,042 -19
8,026   8,361 -335
3,440   3,507 -67
2,876   3,064 -188
7,675   7,985 -310
3,700   4,196 -496
1,900   1,995 -95
3,070   3,155 -85
7,000   7,400 -400
3,100   3,310 -210
1,332   1,477 -145
      8,257
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       -55
b       -165
c       -1,456
d       -3
e       -181
      -44
      2,272
      5,818
      2,293
      2,394
      68
      1,675
      1,459
      -81
      210
      501
      1,690
      -266
      1,449
      11
      -779
      -584
      -362
      -5
      825
      1,450
      -1,823
      -6,753
      1,601
      -282
      -237
      -223
      -1
      -373
      -22
      -1,339
      -6
      138
      -2,970
      -2
      -30
      -694
      -1
      -1
      -4
      -9
      -16
      -23
      -10
      2
      -15
      -13
      -11
      -21
      -60
      -51
      3
      -1
      -13
      -16
      -40
      -46
      -605
      -12
      -186
      -52
       
       
      22
      3
       
       
       
       
      -24
      -77
       
      3,627
      649
      -38
      -635
      506
      940
      27
      1,439
      71
      1,285
      473
      319
      1,347
      891
      1,230
      -24
      -4
      -34
      420
      -787
      -94
      -62
       
      4
       
      -652
      3,579
      2,854
      4,747
      -238
      -4
       
      -25
      -16
      -19
      -335
      -67
      -188
      -310
      -496
      -95
      -85
      -400
      -210
      -145
       
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 33,843
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 128,643 3,345,424 0.038453
2016 83,673 3,044,854 0.02748
2015 33,604 2,928,496 0.011475
2014      
2013      
2
Total of line 1, column (d) .....................
2
0.077408
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
0.025803
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,393,657
5
Multiply line 4 by line 3......................
5
87,567
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
936
7
Add lines 5 and 6........................
7
88,503
8
Enter qualifying distributions from Part XII, line 4,.............
8
163,720
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 1 936
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........................... 3 936
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- ..... 5 936
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 856
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.............. 7 856
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 80
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 2019 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)
    bulletMS
    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 ofbulletREGIONS BANK TRUST DEPT Telephone no.bullet (205) 420-7753

    Located atbullet201 MILAN PARKWAYBIRMINGHAMAL ZIP+4bullet35211
    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
    REGIONS BANK TRUSTEE
    1     		36,825    
    201 MILAN PKWY
    BIRMINGHAM,AL35211
    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
    3,445,337
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,445,337
    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
    3,445,337
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    51,680
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,393,657
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    169,683
    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
    169,683
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    936
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    936
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    168,747
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    168,747
    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
    168,747
    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
    163,720
    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
    163,720
    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
    936
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    162,784
    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 7 168,747
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 155,197
    b Total for prior years:20, 20, 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$ 163,720
    a Applied to 2017, but not more than line 2a 155,197
    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..... 8,523
    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 ..........     		160,224
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    FRENCH CAMP ACADEMY
    ONE FINE PLACE
    FRENCH CAMP,MS397459703     		NONE PC GENERAL OPERATING 77,418
    PALMER HOME FOR CHILDREN
    P O BOX 746
    COLUMBUS,MS39703     		NONE PC GENERAL OPERATING 77,599
    Total .................................bullet 3a 155,017
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 944  
    4 Dividends and interest from securities....     14 92,294  
    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 33,843  
    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)..   127,081  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    127,081
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 900     900

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CREDIT CORPC    
    AMGEN INC CALLABLE DTD08/19/2    
    ANHEUSER-BUSCH INBEV FIN DTD0    
    APPLE INC DTD 05/03/2013 1%05    
    ASTRAZENECA PLC DTD 11/16/2015    
    AT&T INC DTD 05/13/08 5.6%05/    
    BANK OF AMERICA CORP DTD01/29    
    BANK OF MONTREAL SERIES: MTN D    
    CA INC DTD 11/13/09 5.375%12/    
    CATERPILLAR INC DTD 12/05/087    
    CHEVRON CORP CALLABLE DTD12/0    
    CISCO SYSTEMS INC DTD 02/29/20    
    CITIGROUP INC DTD 10/26/20152    
    COMCAST CORP DTD 06/18/09 5.7%    
    DEUTSCHE BANK AG DTD 02/13/201    
    FIFTH THIRD BANK CALLABLE DTD    
    FORD MOTOR CREDIT DTD 06/06/20    
    GENERAL ELECTRIC CAPITAL CORP    
    GILEAD SCIENCES INC CALLABLE D    
    GLAXOSMITHKLINE CAP PLC CALLAB    
    GOLDMAN SACHS GROUP INC DTD2/    
    IBM CORP DTD 02/19/2016 3.45%    
    INTEL CORP DTD 09/19/2011 3.3%    
    J P MORGAN CHASE & CO DTD04/2    
    JOHN DEERE CAPITAL CORP SERIES    
    KROGER CO/THE CALLABLE DTD10/    
    LOCKHEED MARTIN CORP CALLABLE    
    MARATHON OIL CORP CALLABLE DTD    
    MERRILL LYNCH & CO INC SERIES:    
    MOLSON COORS BREWING CO DTD0    
    MORGAN STANLEY DTD 10/23/2014    
    MORGAN STANLEY SERIES: MTN DTD    
    ORACLE CORPORATION DTD 04/09/0    
    PEPSICO INC SERIES: 1 DTD10/1    
    PRUDENTIAL FINANCIAL DTD11/18    
    ROYAL BANK OF CANADA DTD09/19    
    SHELL INTL FIN DTD 05/10/2016    
    SUNTRUST BKS INC CALLABLE DTD    
    TARGET CORP CALLABLE 5.375%05    
    TEVA PHARMACEUTICALS NE DTD07    
    TORONTO-DOMINION BANK SERIES M    
    TOYOTA MOTOR CREDIT CORP SERIE    
    UNITED HEALTH GROUP INC DTD07    
    VALERO ENERGY CORP CALLABLE D    
    VERIZON COMMUNICATIONS DTD03/    
    WAL MART STORES INC DTD04/15/    
    WALGREENS BOOTS ALLIANCECALLA    
    WELLS FARGO & COMPANY DTD11/0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO    
    ALLIANT CORP    
    ALTRIA GROUP INC    
    AT&T INC    
    BB&T CORP    
    BLACKROCK INC    
    BRISTOL MYERS SQUIBB CO    
    CHEVRON CORP    
    CHUBB LIMITED    
    CISCO SYSTEMS INC    
    COCA COLA CO    
    DOMINION RES INC VA    
    EATON CORP PLC ISIN:IE00B8KQN    
    ELI LILLY & CO    
    EXXON MOBIL CORP    
    FASTENAL CO    
    GALLAGHER ARTHUR J & CO    
    GENERAL ELECTRIC CO    
    GENERAL MILLS INC    
    HASBRO INC    
    HELMERICH & PAYNE INC    
    HOLLYFRONTIER CORPORATION    
    INTEL CORP    
    INVESCO LTD    
    ISHARES CORE S & P 500 ETF    
    ISHARES CORE S&P MID-CAP ETF    
    ISHARES CORE S&P SMALL-CAP ETF    
    J P MORGAN CHASE & CO    
    KAR AUCTION SERVICES INC.    
    KRAFT HEINZ CO    
    LYONDELLBASELL INDUSTRIES - CL    
    MAINGATE MLP FUND    
    MERCK & CO. INC. NEW    
    MFS RESH INTL FD CL I    
    MICROSOFT CORP    
    NEXTERA ENERGY, INC.    
    OCCIDENTAL PETE CORP    
    PEPSICO INC    
    PFIZER INC    
    PNC FINANCIAL SERVICES    
    PRUDENTIAL FINANCIAL INC    
    PRUDENTIAL HIGH YIELD FUND CL    
    QUALCOMM INC    
    RAYTHEON CO    
    REGAL ENTMT GROUP CL A    
    REPUBLIC SVCS INC CL A    
    SCHLUMBERGER LTD    
    SOUTHERN CO    
    TARGET CORP    
    US BANCORP DEL    
    VANGUARD FTSE DEVELOPED MARKET    
    VANGUARD FTSE EMERGING MARKETS    
    VERIZON COMMUNICATIONS    
    WAL MART STORES INC    
    WASTE MANAGEMENT INC    
    WELLS FARGO & CO    
    WESTROCK COMPANY    
    XILINX INC    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADVISERS INVT TR JOHCM INTL SL      
    AIR PRODUCTS & CHEMICALS INC      
    APPLE INC 2.3% 11 MAY 2022      
    ARTHUR J GALLAGHER & CO      
    BANK OF AMERICA CORP      
    BANK OF AMERICA CORP 6.875% 25      
    BIOGEN INC 2.9% 15 SEP 2020      
    CAPITAL ONE FINANCIAL CORP 2.5      
    FEDERAL HOME LOAN MORTGAGE COR      
    FORD MOTOR CREDIT CO LLC 3.157      
    HOME DEPOT INC/THE      
    INVESCO INTERNATIONAL GROWTH F      
    JPMORGAN CHASE & CO VARIABLE 3      
    LOCKHEED MARTIN CORP      
    METLIFE INC      
    MORGAN STANLEY 2.75% 19 MAY 20      
    OMNICOM GROUP INC      
    PPL CORP      
    PROCTER & GAMBLE CO/THE      
    RANKIN CNTY MS REF 30 JUN 2005      
    SABRE CORP      
    TEMPLETON GLOBAL BOND FUND/UNI      
    UNITED PARCEL SERVICE INC      
    UNITED STATES TREASURY NOTE/BO      
    H1467J104 CHUBB LTD AT COST 23,190 26,740
    06367THQ6 BANK OF MONTREAL AT COST 11,982 11,910
    06416CAB4 BANK OF NOVA SCOTIA AT COST 11,776 11,863
    09062XAC7 BIOGEN INC AT COST 16,223 15,881
    172967KB6 CITIGROUP INC AT COST 11,990 11,840
    30231G102 EXXON MOBIL CORP AT COST 23,822 20,866
    3135G0K36 FED NATL MTG ASSN AT COST 15,699 16,193
    418056107 HASBRO INC AT COST 17,112 16,331
    459200JG7 I B M CORP AT COST 12,060 11,671
    46625H100 J P MORGAN CHASE & C AT COST 14,836 23,819
    532457108 ELI LILLY & CO COM AT COST 17,588 25,227
    539830109 LOCKHEED MARTIN CORP AT COST 15,284 15,187
    631103108 NASDAQ STK MKT INC AT COST 15,960 15,172
    61744YAH1 MORGAN STANLEY 2.75% AT COST 8,053 7,783
    682680103 ONEOK INC NEW AT COST 7,273 6,690
    69351T106 PPL CORP AT COST 19,208 14,052
    74440Y801 PRUDENTIAL HIGH YIEL AT COST 91,189 85,204
    747525103 QUALCOMM INC AT COST 16,574 15,935
    755111507 RAYTHEON CO AT COST 4,290 6,747
    78012KKU0 ROYAL BANK OF CANADA AT COST 11,994 11,862
    912810SA7 US TREASURY N/B 3% 1 AT COST 7,959 7,963
    912828VB3 U S TREASURY NOTE AT COST 24,289 24,223
    931427AH1 WALGREENS BOOTS ALLI AT COST 8,010 7,878
    808513AW5 THE CHARLES SCHWAB C AT COST 12,008 12,059
    880208400 TEMPLETON GLOBAL BD AT COST 47,799 43,845
    912810EQ7 U S TREASURY BONDS AT COST 8,433 8,134
    92343V104 VERIZON COMMUNICATIO AT COST 16,904 20,352
    02665WCD1 AMERICAN HONDA FINAN AT COST 15,978 15,820
    054937107 BB&T CORP COM AT COST 12,092 13,949
    189054109 CLOROX COMPANY COMMO AT COST 17,361 20,655
    38141GWM2 GOLDMAN SACHS GROUP AT COST 15,461 15,241
    458140AJ9 INTEL CORP AT COST 12,360 12,127
    464287507 ISHARES TR S&P MIDCA AT COST 190,011 209,568
    579780206 MC CORMICK & CO INC AT COST 16,760 22,418
    59022CAJ2 MERRILL LYNCH & CO I AT COST 8,011 7,693
    717081103 PFIZER INC COM AT COST 13,649 17,198
    912828Y79 US TREASURY N/B 2.87 AT COST 8,019 8,139
    921943858 VANGUARD EUROPE PACI AT COST 209,340 203,531
    931142ED1 WALMART INC 3.55% 26 AT COST 11,975 12,132
    94106L109 WASTE MANAGEMENT INC AT COST 9,877 18,777
    10373QAB6 BP CAP MARKETS AMERI AT COST 12,012 12,058
    25746U109 DOMINION RES INC VA AT COST 17,867 18,580
    26078JAB6 DOWDUPONT INC 4.205% AT COST 12,002 12,266
    375558BF9 GILEAD SCIENCES INC AT COST 12,084 11,762
    500754106 KRAFT HEINZ CO/THE AT COST 20,685 12,008
    59156R108 METLIFE INC AT COST 17,630 15,521
    65339F101 NEXTERA ENERGY INC AT COST 10,627 18,251
    713448108 PEPSICO INC AT COST 7,486 8,728
    78573M104 SABRE CORP AT COST 8,479 7,336
    89233P5F9 TOYOTA MOTOR CREDIT AT COST 12,303 12,094
    902973304 US BANCORP DEL AT COST 15,239 16,498
    912828R36 U S TREASURY NOTE AT COST 24,506 24,280
    931142103 WAL MART STORES INC AT COST 13,938 19,562
    969904101 WILLIAMS SONOMA INC AT COST 8,836 7,315
    594918104 MICROSOFT CORP COM AT COST 8,786 17,470
    674599105 OCCIDENTAL PETROLEUM AT COST 6,771 6,384
    0258M0DX4 AMERICAN EXPRESS CRE AT COST 12,021 11,877
    09247X101 BLACKROCK INC CL A AT COST 10,570 12,570
    110122108 BRISTOL MYERS SQUIBB AT COST 9,435 7,277
    166764100 CHEVRONTEXACO CORP AT COST 18,051 22,520
    363576109 GALLAGHER ARTHUR J & AT COST 11,697 19,015
    375558103 GILEAD SCIENCES INC AT COST 17,580 14,574
    437076102 HOME DEPOT INC USD 0 AT COST 18,158 15,979
    46625HRY8 JPMORGAN CHASE & CO AT COST 12,287 11,649
    501044DE8 KROGER CO 2.65% 15 O AT COST 13,823 12,466
    681919106 OMNICOM GROUP INC CO AT COST 18,268 15,820
    867914BM4 SUNTRUST BANKS INC 2 AT COST 7,997 7,802
    87236YAH1 TD AMERITRADE HOLDIN AT COST 11,973 12,202
    912828WZ9 U S TREASURY NOTE AT COST 40,179 40,049
    94974BGE4 WELLS FARGO & COMPAN AT COST 16,100 15,062
    G29183103 EATON CORP PLC AT COST 13,851 16,204
    06406RAH0 BANK OF NY MELLON CO AT COST 7,983 8,067
    110709BN1 BRITISH COLUMBIA PRO AT COST 7,927 7,992
    191216100 COCA-COLA CO USD AT COST 16,094 18,230
    20030N101 COMCAST CORP NEW CL AT COST 17,556 17,263
    3134A4KX1 FEDERAL HOME LN MTG AT COST 25,209 24,035
    31677QBG3 FIFTH THIRD BANK AT COST 12,025 11,714
    369622SM8 GENERAL ELEC CAP COR AT COST 16,021 15,019
    464287804 ISHARES TR S & P SMA AT COST 188,059 220,022
    553530106 MSC INDL DIRECT INC AT COST 8,413 7,307
    744320102 PRUDENTIAL FINL INC AT COST 13,871 14,597
    74432QBP9 PRUDENTIAL FINANCIAL AT COST 11,402 11,252
    85771PAN2 STATOIL ASA AT COST 8,105 8,149
    N53745100 LYONDELLBASELL INDU- AT COST 12,165 13,139
    00912XAU8 AIR LEASE CORP 2.125 AT COST 11,811 11,827
    009158106 AIR PRODUCTS AND CHE AT COST 16,972 17,606
    018802108 ALLIANT ENERGY CORP AT COST 12,068 17,111
    031162CH1 AMGEN INC AT COST 12,935 12,304
    037833CQ1 APPLE INC 2.3% 11 MA AT COST 11,956 11,711
    060505104 BANK AMER CORP AT COST 26,027 21,732
    14040HBP9 CAPITAL ONE FINANCIA AT COST 11,990 11,845
    20030NCK5 COMCAST CORP 4% 01 M AT COST 12,401 11,846
    26441CAW5 DUKE ENERGY CORP 2.4 AT COST 11,722 11,529
    423452101 HELMERICH & PAYNE IN AT COST 18,231 13,759
    539439AR0 LLOYDS BANKING GROUP AT COST 12,006 11,384
    00770G847 JOHCM INTERNATIONAL AT COST 102,751 102,713
    008882771 AIM INTERNATIONAL GR AT COST 114,558 95,356
    126408HJ5 CSX CORP 3.8% 01 MAR AT COST 11,992 11,773
    258620509 DOUBLELINE EMG MKTS AT COST 47,005 44,670
    345397XK4 FORD MOTOR CREDIT CO AT COST 8,113 7,839
    58933Y105 MERCK & CO INC AT COST 23,750 32,169
    60871RAD2 MOLSON COORS BREWING AT COST 6,821 6,589
    742718109 PROCTER & GAMBLE CO AT COST 19,400 20,590
    911312106 UNITED PARCEL SVC IN AT COST 18,039 14,727
    912828S43 UNITED STATES TREAS AT COST 12,003 11,883
    91913YAU4 VALERO ENERGY CORP 3 AT COST 16,804 15,595
    92343VAW4 VERIZON COMMUNICATIO AT COST 12,547 12,329
    G491BT108 INVESCO LTD AT COST 10,038 5,323
    00206R102 AT&T INC AT COST 17,932 15,355
    126650DA5 CVS HEALTH CORP 3.12 AT COST 12,010 11,976
    24422ESS9 JOHN DEERE CAPITAL C AT COST 12,042 11,932
    464287200 ISHARES S&P 500 INDE AT COST 132,868 152,979
    61761JVL0 MORGAN STANLEY AT COST 8,068 7,867
    806857108 SCHLUMBERGER LIMITED AT COST 29,236 13,963
    912810RB6 U S TREASURY NOTE AT COST 99,359 97,781
    912828H52 UNITED STATES TREAS AT COST 11,911 11,826
    922042858 VANGUARD INTL EQUITY AT COST 329,961 320,535

    TY 2018 LegalFeesSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NON-ALLOCABLE LEGAL FEES 438     438


    TY 2018 OtherDecreasesSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Description Amount
    MF TIMING DIFFERENCE 238
    COST BASIS ADJUSTMENT 86
    ONEOK ROC AJD 19
    EATON ROC ADJ 566


    TY 2018 TaxesSchedule
    Name:
    FRANK T JACKSON TRUST
    EIN:
    61-6544584
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 497 497   0
    FEDERAL TAX PAYMENT - PRIOR YE 900 0   0
    FOREIGN TAXES ON QUALIFIED FOR 920 920   0
    FOREIGN TAXES ON NONQUALIFIED 725 725   0