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
SKILLING JOSEPH KENNARD TD
 
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

23-6419739
B Telephone number (see instructions)

(800) 352-3705
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$4,519,756J 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... 101,075 101,063  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 155,025
b Gross sales price for all assets on line 6a 935,158
7 Capital gain net income (from Part IV, line 2)... 155,025
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........ 256,100 256,088  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 124,028 52,013   72,015
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)....... Click to see attachment 1,000 0 0 1,000
c Other professional fees (attach schedule).... Click to see attachment 2,457     2,457
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,482 2,409   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 4,449     4,449
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 140,416 54,422 0 79,921
25 Contributions, gifts, grants paid....... 173,500 173,500
26 Total expenses and disbursements. Add lines 24 and 25 313,916 54,422 0 253,421
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -57,816
b Net investment income (if negative, enter -0-) 201,666
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............. 1,730    
2 Savings and temporary cash investments......... 367,031 207,137 207,137
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) 234,496    
b Investments—corporate stock (attach schedule)....... 2,798,234    
c Investments—corporate bonds (attach schedule)....... 834,688    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   Click to see attachment3,971,012 4,312,619
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) 4,236,179 4,178,149 4,519,756
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........ 4,236,179 4,178,149
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)..... 4,236,179 4,178,149
31 Total liabilities and net assets/fund balances (see instructions). 4,236,179 4,178,149
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
4,236,179
2
Enter amount from Part I, line 27a .....................
2
-57,816
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,178,363
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
214
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,178,149
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 15000. CHEVRON CORP 4.950% 3/03/19   2016-02-29 2018-03-13
b 13531.959 VOYA INTL RL EST FD CL-I #2664   2008-12-04 2018-03-19
c 15000. US TREASURY NOTE 2.500% 5/15/24   2016-09-28 2018-04-23
d 15000. FED HOME LN MTG CORP 3.750% 3/27/19   2016-02-29 2018-04-24
e 18000. GENERAL ELEC CAP COR 4.650% 10/17/21   2016-02-29 2018-05-17
10000. PEPSICO INC 4.500% 1/15/20   2016-02-29 2018-06-11
5000. VERIZON COMMUNICATIO 5.150% 9/15/23   2016-02-29 2018-06-15
10000. FED HOME LN MTG CORP 3.750% 3/27/19   2016-02-29 2018-07-02
5000. FED HOME LN MTG CORP 3.750% 3/27/19   2018-02-23 2018-07-02
5000. PEPSICO INC 4.500% 1/15/20   2016-02-29 2018-07-11
10000. AMGEN INC 5.700% 2/01/19   2016-02-29 2018-09-06
7106.384 DRIEHAUS ACTIVE INCOME FUND   2013-07-17 2018-09-12
508.001 ARTISAN SMALL CAP FUND-INS #2452   2017-11-21 2018-09-19
117. ISHARES RUSSELL MID-CAP ETF   2007-05-14 2018-09-19
3862.868 MFS VALUE FUND-R5   2014-02-19 2018-09-19
5439.896 WF INTERNATIONAL BOND-R6 #4651   2006-05-02 2018-09-19
10000. TIME WARNER INC 4.875% 3/15/20   2016-02-29 2018-09-27
4303.789 HARBOR INTERNATION FD INST #2011   2006-05-02 2018-10-26
10000. US TREASURY NOTE 3.125% 5/15/19   2016-02-29 2018-11-26
10000. BANK OF AMERICA CORP 5.625% 7/01/20   2016-02-29 2018-11-27
5000. US TREASURY NOTE 3.125% 5/15/19   2016-02-29 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 15,337   16,263 -926
b 115,969   88,385 27,584
c 14,674   16,170 -1,496
d 15,201   16,210 -1,009
e 18,700   20,443 -1,743
10,288   11,128 -840
5,396   5,659 -263
10,104   10,807 -703
5,052   5,089 -37
5,132   5,564 -432
10,117   11,085 -968
69,216   76,252 -7,036
20,000   15,799 4,201
26,049   12,915 13,134
160,000   125,887 34,113
53,855   57,661 -3,806
10,283   10,803 -520
247,511   246,912 599
10,027   10,679 -652
10,331   11,083 -752
5,012   5,339 -327
      96,904
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       -926
b       27,584
c       -1,496
d       -1,009
e       -1,743
      -840
      -263
      -703
      -37
      -432
      -968
      -7,036
      4,201
      13,134
      34,113
      -3,806
      -520
      599
      -652
      -752
      -327
       
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 2 155,025
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 197,633 4,843,660 0.040802
2016 245,720 4,540,374 0.054119
2015 263,209 4,840,790 0.054373
2014 228,533 5,085,592 0.044937
2013 157,731 4,951,631 0.031854
2
Total of line 1, column (d) .....................
2
0.226085
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
0.045217
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,910,501
5
Multiply line 4 by line 3......................
5
222,038
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,017
7
Add lines 5 and 6........................
7
224,055
8
Enter qualifying distributions from Part XII, line 4,.............
8
253,421
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 2,017
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,017
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,017
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,924
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 3,924
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 1,907
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,907 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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (800) 352-3705

    Located atbullet6325 S RAINBOW BLVD STE 300LAS VEGASNV ZIP+4bullet89118
    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 CO TRUSTEE
    1     		60,938    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    WILLIAM W SPALDING CO-TRUSTEE
    4     		21,030    
    8624 CHELTENHAM AVE
    WYNDMOOR,PA19038
    Mary Ellen Landreth CO-TRUSTEE
    4     		21,030    
    1501 FIRETHRONE LN
    WYNDMOOR,PA19038
    CHRISTINA MCKINLEY CO-TRUSTEE
    4     		21,030    
    8503 TRUMBAUER DR
    WYNDMOOR,PA19006
    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
    4,822,221
    b
    Average of monthly cash balances.......................
    1b
    163,059
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,985,280
    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
    4,985,280
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    74,779
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,910,501
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    245,525
    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
    245,525
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,017
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,017
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    243,508
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    243,508
    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
    243,508
    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
    253,421
    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
    253,421
    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
    2,017
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    251,404
    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 7 243,508
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 105,613
    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$ 253,421
    a Applied to 2017, but not more than line 2a 105,613
    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..... 147,808
    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 ..........     		95,700
    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 e-mail address of the person to whom applications should be addressed:
    wellsfargo comprivatefoundationsk
    100 North Main Street D4001-065
    WinstonSalem,NC27101
    (800) 352-3705
    wellsfargo.com/privatefoundation/skilling
    bThe form in which applications should be submitted and information and materials they should include:
    wellsfargo.com/privatefoundation/skilling
    cAny submission deadlines:
    wellsfargo.com/private foundation/skilling
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    wellsfargo.com/privatefoundation/skilling
    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
    WHOLE SCHOOL WHOLE CHILD PROGRAM
    CITY YEAR INC
    287 COLUMBUS AVE
    BOSTON,MA02116     		NONE PC GENERAL OPERATING 2,000
    MIGHTY WRITERS
    1501 CHRISTIAN ST
    PHILADELPHIA,PA19146     		NONE PC GENERAL SUPPORT 2,000
    CRADLES TO CRAYONS INC
    PO BOX 799
    CONSHOHOCKEN,PA19428     		NONE PC READY FOR SCHOOL PROGRAM 2,000
    SPARK PROGRAM INC
    251 RHODE ISLAND ST STE 205
    SAN FRANCISCO,CA94103     		NONE PC PHILADELPHIA APPRENTICESHIP 3,000
    DIGNITY HOUSE
    5772-R GERMANTOWN AVE
    PHILDALEPHIA,PA19144     		NONE PC EDUCATION ENRICHMENT 2,000
    SUPPORTIVE OLDER WOMENS NETWORK
    AKA SOWN
    4100 MAIN ST STE 403
    PHILADELPHIA,PA19127     		NONE PC GENERAL SUPPORT 3,000
    NEED IN DEED
    211 N 13TH STREET STE 501
    PHILADELPHIA,PA19107     		NONE PC SERVICE-LEARNING 5,000
    PHILADELPHIA FREEDOM VALLEY YMCA
    400 FAYETTE ST STE 250
    CONSHOHOCKEN,PA19428     		NONE PC GENERAL SUPPORT 4,000
    CRADLE OF LIBERTY COUNCIL BOYS
    SCOUTS OF AMERICA
    1485 VALLEY FORGE RD
    WAYNE,PA19087     		NONE PC SCOUTREACH 4,000
    EPISCOPAL COMMUNITY SERVICES OF THE
    DIOCESE OF PENNSYLVANIA
    225 S 3RD ST
    PHILADELPHIA,PA19106     		NONE PC GENERAL SUPPORT 4,000
    GIRL SCOUTS OF EASTERN PENNSYLVANIA INC
    330 MANOR RD
    MIQUON,PA19444     		NONE PC GENERAL SUPPORT 1,000
    WHOSOEVER GOSPEL MISSION AND
    RESCUE HOME ASSOC OF GERMANTOWN
    PO BOX 48308
    PHILADELPHIA,PA19144     		NONE PC NEW LIFE REHABILITATION AND 5,000
    SETTLEMENT MUSIC SCHOOL OF PHILADELPHIA
    PO BOX 63966 416 QUEEN ST
    PHILADELPHIA,PA19147     		NONE PC GENERAL SUPPORT 4,000
    WILLIAMSON COLLEGE OF TRADES
    106 S NEW MIDDLETOWN RD
    MEDIA,PA19063     		NONE PC GENERAL SUPPORT 5,000
    ASSOC SERVICES FOR THE BLIND
    AND VISUALLY IMPAIRED
    919 WALNUT STREET
    PHILADELPHIA,PA19107     		NONE PC SATELLITE EXPANSION 4,000
    WAGNER FREE INSTITUTE OF SCIENCE
    1700 W MONTGOMERY AVE
    PHILADELPHIA,PA19121     		NONE PC CHILDRENS EDUCATION AND 3,000
    ROYER-GREAVES SCHOOL FOR BLIND
    118 SOUTH VALLEY ROAD
    PAOLI,PA19301     		NONE PC GENERAL SUPPORT 5,000
    DRUEDING CENTER
    413 W MASTER ST
    PHILADELPHIA,PA19122     		NONE PC GENERAL SUPPORT 5,000
    PENNSYLVANIA SCHOOL FOR THE DEAF
    100 W SCHOOL HOUSE LANE
    PHILADELPHIA,PA19144     		NONE PC FAMILY SIGN LANGUAGE 3,000
    CENTER FOR AUTISM
    3905 FORD ROAD STE 6
    PHILADELPHIA,PA19131     		NONE PC OCCUPATIONAL THERAPY 4,000
    WOMEN IN TRANSITION
    21 SOUTH 12TH STREET 6TH FLOOR
    PHILADLEPHIA,PA19107     		NONE PC EMPOWERMENT COUNSELING 3,000
    TALLER PUERTORRIQUENO INC
    2600 N 5TH ST
    PHILADELPHIA,PA19133     		NONE PC GENERAL SUPPORT 3,000
    BOYS AND GIRLS CLUBS OF METROPOLITAN PA
    1518 WALTNUT ST
    PHILADELPHIA,PA19102     		NONE PC GENERAL SUPPORT 4,000
    DOMESTIC ABUSE PROJECT OF
    DELWARE COUNTY
    14 WEST SECOND STREET
    MEDIA,PA19063     		NONE PUBLIC CHARITY SUPPORT 4,000
    CENTER FOR ADVOCACY FOR THE RIGHTS
    & INTERESTS OF THE ELDERLY
    1500 JFK BLVD STE 1500
    PHILADELPHIA,PA19102     		NONE PC CARIE LINE 5,000
    RETIRED SENIOR AND VOLUNTEER
    PROGRAM OF MONTGOMERY PA
    901 EAST 8TH AVE STE 200
    KING OF PRUSSIA,PA19406     		NONE PC GENERAL SUPPORT 5,000
    MATERNITY CARE COALITION
    2000 HAMILTON STREET STE 205
    PHILADELPHIA,PA19130     		NONE PC EARLY HEAD START PROGRAM 4,000
    BETHESDA PROJECT
    1630 SOUTH STREET
    PHILADELPHIA,PA19146     		NONE PC GENERAL SUPPORT 2,000
    PHILABUNDANCE
    3616 S GALLOWAY STREET
    PHILADELPHIA,PA191485402     		NONE PUBLIC CHARITY HUNGER RELIEF 5,000
    SILVER SPRINGS MARTIN LUTHER SCHOOL
    512 TOWNSHIP LINE RD
    PLYMOUTH MTNG,PA19462     		NONE PC GENERAL SUPPORT 4,000
    INGLIS FOUNDATION
    2600BELMONT AVE
    PHILADELPHIA,PA19131     		NONE PC GENERAL SUPPORT 3,000
    ADOPTION CENTER OF DELWARE
    VALLEY
    1500 WALNUT STREET SUITE 701
    PHILADELPHIA,PA19102     		NONE PC ADOPTION RECRUITMENT 4,000
    ARDEN THEATRE COMPANY
    40 N 2ND STREET
    PHILDALEPHIA,PA19106     		NONE PC ARDEN FOR ALL: PHILADELPHIA 1,000
    CALCUTTA HOUSE INC
    1601 WEST GIRARD AVENUE
    PHILADELPHIA,PA191301614     		NONE PC FOOD AND NUTRITION PROGRAM 2,000
    BAKER INDUSTRIES INC
    184 PENNSYLVANIA AVENUE
    MALVERN,PA19355     		NONE PC UNIQUE WORKFORCE 5,000
    METROPOLITAN AREA NEIGHBORHOOD
    NUTRITION ALLIANCE (MANNA)
    2323 RANSTEAD STREET
    PHILADELPHIA,PA19103     		NONE PC NUTRICTION SERVICES FOR 5,000
    KORESH DANCE COMPANY
    2002 RITTENSHOUSE SQ
    PHILADELPHIA,PA19103     		NONE PC GENERAL SUPPORT 1,000
    ANGEL FLIGHT PA
    1501 NARCISSA RD
    BLUE BELL,PA19422     		NONE PC GENERAL SUPPORT 2,000
    NATIONAL LIBERTY MUSEUM
    321 CHESTNUT STREET
    PHILADELPHIA,PA19106     		NONE PC ACCESS TO SUCCESS SKILLS 2,000
    BREAKTHROUGH OF GREATER
    PHILADELPHIA INC
    34 W COULTER STREET
    PHILADELPHIA,PA19144     		NONE PC SUMMER MIDDLE SCHOOL 2,500
    COMMUNITY LEARNING CENTER
    2701 N BROAD STREET
    PHILADELPHIA,PA19132     		NONE PC COMMUNITY AND WORKFORCE 3,000
    CAREER WARDROBE
    1822 SPRING GARDEN ST 3RD FL
    PHILADELPHIA,PA19130     		NONE PC JOB READINESS PROGRAM 3,000
    1812 PRODUCTIONS INC
    2329 SOUTH 3RD STREET
    PHILADELPHIA,PA19148     		NONE PC OUTREACH PROGRAM 2,000
    PHILADELPHIA FUTURES
    230 S BROAD STREET 7TH FLOOR
    PHILADELPHIA,PA19102     		NONE PC SPONSOR A COLLEGE PROGRAM 4,000
    CLARKE PENNSYLVANIA
    2 PENN BLVD
    PHILADELPHIA,PA19144     		NONE PC GENERAL SUPPORT 5,000
    CHILDREN SCHOLARSHIP FUND PHILADELPHIA
    100 SOUTH BROAD STREET
    PHILDALEPHIA,PA19110     		NONE PC SCHOLARSHIP PROGRAM AND 2,000
    NORTH PENN VALLEY BOYS & GIRLS
    CLUB INC
    16 SUSQUEHANNA AVE
    LANDALE,PA19446     		NONE PC PROJECT LEARN 3,000
    JOHN BARTRAM ASSOCIATION
    54TH STREET AND LINDBERGH BLVD
    PHILADELPHIA,PA19143     		NONE PC GENERAL SUPPORT 2,000
    LIVECONNECTIONSORG
    PO BOX 42796
    PHILADELPHIA,PA19104     		NONE PC MUSIC EDUCATION 2,000
    CHESTNUT HILL MEALS ON WHEELS
    1710 BETHLEHEM PIKE
    PHILDALEPHIA,PA19031     		NONE PC GENERAL SUPPORT 4,000
    NEW LEASH ON LIFE USA
    PO BOX 326
    NARBERTH,PA19072     		NONE PC GENERAL OPERATING 1,000
    OPERATION WARM INC
    PO BOX 822431
    PHILDELPHIA,PA19182     		NONE PC OPERATION BROTHERLY LOVE 3,000
    STEPPINGSTONE SCHOLARS
    1301 CECIL B MOORE AVE
    PHILADELPHIA,PA19127     		NONE PC GENERAL SUPPORT 3,000
    Total .................................bullet 3a 173,500
    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....     14 101,075  
    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 ............     		    18 155,025  
    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)..   256,100  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    256,100
    (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:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Name of Bond End of Year Book Value End of Year Fair Market Value
    94985D582 WELLS FARGO INTL BON    
    693391559 PIMCO EMERG MKTS BD-    
    262028855 DRIEHAUS ACTIVE INCO    
    4812C0803 JPMORGAN HIGH YIELD-    
    031162AZ3 AMGEN INC    
    037833AK6 APPLE INC    
    06051GEC9 BANK OF AMERICA CORP    
    084664BE0 BERKSHIRE HATHAWAY    
    166751AJ6 CHEVRON CORP    
    20825CAR5 CONOCOPHILLIPS    
    260543CF8 DOW CHEMICAL CO/THE    
    36962G5J9 GENERAL ELEC CAP COR    
    38141GFG4 GOLDMAN SACHS GROUP    
    406216BD2 HALLIBURTON COMPANY    
    437076BM3 HOME DEPOT INC    
    464288588 ISHARES MBS ETF    
    46625HHU7 JPMORGAN CHASE & CO    
    494550AY2 KINDER MORGAN ENER    
    59156RBH0 METLIFE INC    
    66989HAJ7 NOVARTIS CAPITAL COR    
    713448BN7 PEPSICO INC    
    742718DY2 PROCTER & GAMBLE CO/    
    887317AF2 TIME WARNER INC    
    913017BV0 UNITED TECHNOLOGIES    
    92343VBR4 VERIZON COMMUNICATIO    
    931142CU5 WAL-MART STORES INC    
    94973VAS6 WELLPOINT INC    
    172967LQ2 CITIGROUP INC    
    38148LAE6 GOLDMAN SACHS GROUP    
    61746BEA0 MORGAN STANLEY    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Name of Stock End of Year Book Value End of Year Fair Market Value
    411511306 HARBOR INTERNATION F    
    411511504 HARBOR CAPITAL APRCT    
    464287499 ISHARES RUSSELL MID-    
    00203H859 AQR MANAGED FUTURES    
    487300808 KEELEY SMALL CAP VAL    
    902641646 E-TRACS ALERIAN MLP    
    552983694 MFS VALUE FUND-CLASS    
    589509207 MERGER FUND-INST #30    
    683974604 OPPENHEIMER DEVELOPI    
    92914A810 VOYA INTL RL EST FD    
    04314H758 ARTISAN SMALL CAP FU    
    00888Y508 INV BALANCE RISK COM    
    29875E100 AMERICAN EUROPACIFIC    
    464287200 ISHARES CORE S & P 5    
    74253Q580 PRINCIPAL INV R/E SE    
    74925K581 BOSTON P LNG/SHRT RE    
    77954Q106 T ROWE PRICE BLUE CH    
    78464A607 SPDR DOW JONES REIT    
    77954Q403 T ROWE PRICE BLUE CH    
    94975P447 WELLS FARGO SP S/C V    

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    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:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    3135G0ZR7 FED NATL MTG ASSN 2. AT COST 31,548 29,896
    064159FL5 BANK OF NOVA SCOTIA AT COST 9,833 9,914
    38148LAE6 GOLDMAN SACHS GROUP AT COST 10,314 9,568
    74256W568 PRINCIPAL REAL EST S AT COST 145,000 136,506
    464287200 ISHARES S & P 500 IN AT COST 174,967 228,462
    00888Y508 INV BALANCE RISK COM AT COST 64,000 63,743
    29875E100 AMERICAN EUROPACIFIC AT COST 305,000 317,146
    00206RDC3 AT&T INC AT COST 10,123 10,166
    06051GEC9 BANK OF AMERICA CORP AT COST 5,541 5,169
    742718DY2 PROCTER & GAMBLE CO/ AT COST 20,333 19,689
    406216BD2 HALLIBURTON COMPANY AT COST 14,295 14,889
    256206103 DODGE & COX INT'L ST AT COST 249,100 231,303
    94988A668 WF SPECIAL SM CAP VA AT COST 124,800 105,547
    683974604 OPPENHEIMER DEVELOPI AT COST 362,927 377,878
    74925K581 ROBECO BP LNG/SHRT R AT COST 92,000 89,700
    9128284F4 US TREASURY NOTE AT COST 14,708 15,045
    912828KQ2 US TREASURY NOTE 3.1 AT COST 21,078 20,045
    26078JAA8 DOWDUPONT INC AT COST 10,016 10,096
    66989HAJ7 NOVARTIS CAPITAL COR AT COST 15,361 14,530
    404280AN9 HSBC HOLDING PLC 4.0 AT COST 10,069 10,130
    411511504 HARBOR CAPITAL APRCT AT COST 181,477 365,424
    589509207 MERGER FUND-INST #30 AT COST 88,303 89,821
    693391559 PIMCO EMERG MKTS BD- AT COST 190,642 180,493
    77954Q403 T ROWE PRICE BLUE CH AT COST 193,000 214,851
    4812C0803 JPMORGAN HIGH YIELD AT COST 206,788 173,559
    78464A607 SPDR DOW JONES REIT AT COST 145,340 131,666
    06367T7H7 BANK OF MONTREAL AT COST 9,995 9,995
    961214DW0 WESTPAC BANKING CORP AT COST 14,692 14,457
    9128283W8 US TREASURY NOTE AT COST 9,921 10,052
    912828F21 US TREASURY NOTE 2.1 AT COST 30,888 29,715
    9128284T4 US TREASURY NOTE AT COST 14,995 15,050
    912828NT3 US TREASURY NOTE 2.6 AT COST 26,197 25,035
    94973VAS6 WELLPOINT INC 4.350% AT COST 5,362 5,088
    912828QN3 U S TREASURY NT 3.12 AT COST 15,210 15,223
    260543CF8 DOW CHEMICAL CO/THE AT COST 10,594 10,176
    037833AK6 APPLE INC 2.400% 5/0 AT COST 14,867 14,504
    316389584 FIDELITY ADV INTER R AT COST 115,500 106,408
    912828N30 US TREASURY NOTE AT COST 30,041 29,577
    05567LT31 BNP PARIBAS 5.000% 1 AT COST 15,666 15,522
    912828U24 US TREASURY NOTE AT COST 19,118 19,091
    14040HBP9 CAPITAL ONE FINANCIA AT COST 9,869 9,871
    913017BV0 UNITED TECHNOLOGIES AT COST 10,379 9,792
    464287499 ISHARES TR RUSSELL M AT COST 225,398 379,649
    04314H758 ARTISAN SMALL CAP FU AT COST 75,551 101,554
    912828M56 US TREASURY NOTE AT COST 14,283 14,669
    46625HHU7 JPMORGAN CHASE & CO AT COST 16,041 15,270
    172967LQ2 CITIGROUP INC AT COST 14,840 14,459
    912828WJ5 US TREASURY NOTE 2.5 AT COST 21,232 19,963
    912828XQ8 US TREASURY NOTE AT COST 14,953 14,753
    437076BM3 HOME DEPOT INC AT COST 15,558 14,530
    61746BEA0 MORGAN STANLEY AT COST 9,990 9,788
    86562MAQ3 SUMITOMO MITSUI FINL AT COST 14,486 14,616
    464288588 ISHARES BARCLAYS MBS AT COST 41,245 39,767
    09260C703 BLACKROCK GL L/S CRE AT COST 69,200 63,877
    00203H859 AQR MANAGED FUTURES AT COST 93,000 78,627
    55273H353 MFS VALUE FUND-R5 AT COST 254,953 276,161
    126650DC1 CVS HEALTH CORP AT COST 9,991 9,972
    59156RBH0 METLIFE INC 3.600% 4 AT COST 15,432 15,103
    606822BA1 MITSUBISHI UFJ FIN AT COST 15,002 15,069

    TY 2018 OtherDecreasesSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 214


    TY 2018 OtherExpensesSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ADMINISTRATIVE EXPENSE 4,449 0   4,449


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SCHOLARSHIP ADMIN FEES 2,457     2,457


    TY 2018 TaxesSchedule
    Name:
    SKILLING JOSEPH KENNARD TD
    EIN:
    23-6419739
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,207 2,207   0
    FEDERAL TAX PAYMENT - PRIOR YE 2,149 0   0
    FEDERAL ESTIMATES - PRINCIPAL 3,924 0   0
    FOREIGN TAXES ON NONQUALIFIED 202 202   0