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
GALLAGHER WESTERN MONTANA CHARITABLE
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 4787
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MISSOULA, MT59806
A Employer identification number

91-2138399
B Telephone number (see instructions)

(503) 464-3580
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$5,704,050J 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... 138,822 138,822  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 204,122
b Gross sales price for all assets on line 6a 1,873,417
7 Capital gain net income (from Part IV, line 2)... 204,122
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........ 342,944 342,944  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 22,224 20,002   2,222
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 1,500 0 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 50,750     50,750
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,943 1,914   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,619 0 0 1,619
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 2,471     2,468
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 89,507 21,916 0 58,559
25 Contributions, gifts, grants paid....... 299,196 299,196
26 Total expenses and disbursements. Add lines 24 and 25 388,703 21,916 0 357,755
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -45,759
b Net investment income (if negative, enter -0-) 321,028
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.............   1,346 1,346
2 Savings and temporary cash investments......... 305,395 196,129 196,129
3 Accounts receivable bullet3,103
Less: allowance for doubtful accounts bullet   3,000 3,103 3,103
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)   Click to see attachment517,345 516,839
b Investments—corporate stock (attach schedule)....... 2,794,141 Click to see attachment2,695,228 3,384,545
c Investments—corporate bonds (attach schedule)....... 1,999,744 Click to see attachment1,642,858 1,602,088
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
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) 5,102,280 5,056,009 5,704,050
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........ 5,102,280 5,056,009
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)..... 5,102,280 5,056,009
31 Total liabilities and net assets/fund balances (see instructions). 5,102,280 5,056,009
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
5,102,280
2
Enter amount from Part I, line 27a .....................
2
-45,759
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
617
4
Add lines 1, 2, and 3 ..........................
4
5,057,138
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,129
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,056,009
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 35. ABBVIE INC   2014-10-03 2018-01-31
b 5. ALPHABET INC CL C   2008-11-04 2018-01-31
c 70. AMERICAN CAMPUS COMMUNITIES     2018-01-31
d 320. AMERICAN CAMPUS COMMUNITIES     2018-01-31
e 7. BOEING COMPANY   2011-10-07 2018-01-31
50. CARDINAL HEALTH INC     2018-01-31
25. COSTCO WHSL CORP NEW COMMON STOCK     2018-01-31
35. DISNEY WALT CO   2010-02-10 2018-01-31
35. GENERAL DYNAMICS CORP     2018-01-31
15. MC DONALD'S CORP   2009-10-15 2018-01-31
60. PRAXAIR INC     2018-01-31
2. THE PRICELINE GROUP INC     2018-01-31
95. STARBUCKS CORP   2010-10-18 2018-01-31
4. ALPHABET INC CL C   2008-11-04 2018-02-27
18. APPLE COMPUTER INC   2013-05-16 2018-02-27
10. BOEING COMPANY   2011-10-07 2018-02-27
100. CARDINAL HEALTH INC   2016-04-05 2018-02-27
20. EXXON MOBIL CORP   2005-06-13 2018-02-27
25. J P MORGAN CHASE & CO   2009-08-07 2018-02-27
15. MASTERCARD INC   2009-11-18 2018-02-27
25. MOHAWK INDS INC     2018-02-27
35. NIKE INC     2018-02-27
15. P N C FINANCIAL SERVICES GROUP INC     2018-02-27
15. PRAXAIR INC   2003-12-19 2018-02-27
973.394 T ROWE PRICE INTL VAL EQTY FD INTL     2018-02-27
50. SPDR S&P MIDCAP 400 ETF   2007-02-12 2018-02-27
35. SEMPRA ENERGY COM     2018-02-27
263. VANGUARD SHORT TERM BOND INDEX ETF     2018-02-27
671.141 T ROWE PRICE INTL VAL EQTY FD INTL     2018-03-02
523.378 CAMBIAR INTL EQUITY FUND INS     2018-03-16
50000. MERCK CO INC 2.400% 9/15/22     2018-04-02
125000. GE CAP RETAIL BK C D 2.000% 4/27/18   2012-04-24 2018-04-27
4752.852 BAIRD AGGREGATE BOND FD INSTL     2018-05-02
1497.006 ROBECO BOSTON PARTNERS L S RSRCH     2018-05-02
32. APPLE COMPUTER INC   2013-05-16 2018-05-14
68. CIGNA CORP   2013-05-02 2018-05-14
579. CANADIAN NATURAL RESOURCES LTD     2018-05-14
100. CARDINAL HEALTH INC     2018-05-14
50. DISNEY WALT CO   2010-02-10 2018-05-14
36. EOG RES INC COM     2018-05-14
100. ISHARES MSCI EAFE GROWTH ETF   2017-08-24 2018-05-14
594. ISHARES MSCI EAFE GROWTH ETF     2018-05-14
40. MC DONALD'S CORP   2009-10-15 2018-05-14
50. PEPSICO INC   2006-10-09 2018-05-14
68. SEMPRA ENERGY COM     2018-05-14
60. VERIZON COMMUNICATIONS   2013-04-23 2018-05-14
70. WELLS FARGO & CO NEW     2018-05-14
13. BOEING COMPANY   2011-10-07 2018-05-17
640.569 CAUSEWAY EMERGING MARKETS INSTL   2014-08-27 2018-05-17
40. CELGENE CORPORATION COM   2017-05-03 2018-05-17
50. CELGENE CORPORATION COM   2018-01-31 2018-05-17
156. EOG RES INC COM   2017-09-12 2018-05-17
60. I SHARES RUSSELL MIDCAP GRWTH INDX   2017-05-09 2018-05-17
75. LOWES COMPANIES INC   2013-04-12 2018-05-17
1178.55 ROBECO BOSTON PARTNERS L S RSRCH   2015-12-23 2018-05-17
2919.884 TCW EMERGING MARKETS INCOME FUND     2018-05-17
185.706 TCW EMERGING MARKETS INCOME FUND   2014-10-21 2018-05-17
77. VANGUARD GROWTH INDEX FUND ETF   2017-08-24 2018-05-17
. AMERICAN INTL GROUP INC     2018-07-02
2356.268 NUVEEN CORE PLUS BOND I   2017-09-12 2018-07-06
4222.185 T ROWE PRICE INTL VAL EQTY FD INTL     2018-07-26
. CITIGROUP INC     2018-08-24
25. APPLE COMPUTER INC     2018-08-29
3. BOOKING HOLDINGS INC   2015-09-04 2018-08-29
50. CVS CORP COM   2017-09-27 2018-08-29
100. CISCO SYS INC   2014-10-03 2018-08-29
20. COSTCO WHSL CORP NEW COMMON STOCK     2018-08-29
35. DELTA AIR LINES INC   2017-06-05 2018-08-29
120. DOWDUPONT INC   2013-04-12 2018-08-29
20. EXXON MOBIL CORP   2005-06-13 2018-08-29
100. INTEL CORP     2018-08-29
25. J P MORGAN CHASE & CO   2009-08-07 2018-08-29
20. LOWES COMPANIES INC   2013-04-12 2018-08-29
25. MARATHON PETROLEUM CORP   2017-06-29 2018-08-29
15. MASTERCARD INC   2009-11-18 2018-08-29
25. NIKE INC   2017-01-05 2018-08-29
20. P N C FINANCIAL SERVICES GROUP INC   2015-04-10 2018-08-29
25. PROCTER & GAMBLE CO     2018-08-29
44. STARBUCKS CORP   2010-10-18 2018-08-29
20. STRYKER CORP   2014-02-12 2018-08-29
100. WELLS FARGO & CO NEW     2018-08-29
10. APPLE COMPUTER INC   2005-05-19 2018-09-07
1567.398 CALVERT SHORT DURATION INCOME I     2018-09-07
1250. GENERAL ELEC CO     2018-09-07
31. PEPSICO INC   2006-10-09 2018-09-07
200. WELLS FARGO & CO NEW     2018-09-07
50. CVS CORP COM     2018-09-18
90. MARATHON PETROLEUM CORP     2018-09-18
76. DELTA AIR LINES INC     2018-09-19
2403.846 BAIRD AGGREGATE BOND FD INSTL     2018-10-05
3229.974 FIDELITY ADV DIVERS INTL CL I     2018-10-05
7225.434 BAIRD AGGREGATE BOND FD INSTL     2018-10-11
1128.159 FIDELITY ADV DIVERS INTL CL I   2015-12-23 2018-10-11
3358.925 BAIRD AGGREGATE BOND FD INSTL     2018-10-12
100. HORMEL FOODS CORP   2018-05-17 2018-10-12
50. PFIZER INC   2006-04-04 2018-10-12
961.539 BAIRD AGGREGATE BOND FD INSTL     2018-10-18
942.803 CALVERT SHORT DURATION INCOME I     2018-10-18
2021.563 FIDELITY ADV DIVERS INTL CL I     2018-10-18
167. ISHARES RUSSELL 2000 GROWTH ETF     2018-10-18
2323.42 NUVEEN INFLATION PRO SEC CL I   2012-02-10 2018-10-18
542. SCHWAB U S TIPS ETF   2017-12-12 2018-10-18
945.776 CALVERT SHORT DURATION INCOME I     2018-10-31
1452.081 DOUBLELINE TOTAL RET BD I   2015-04-10 2018-10-31
85. PRAXAIR INC   2003-12-19 2018-10-31
100000. U S TREASURY NT 1.750% 10/31/18     2018-10-31
137. AT&T INC   2014-06-19 2018-11-08
50. APPLE COMPUTER INC   2005-05-19 2018-11-08
100. CVS CORP COM     2018-11-08
100. HORMEL FOODS CORP   2017-11-06 2018-11-08
125. I SHARES RUSSELL MIDCAP GRWTH INDX   2017-11-06 2018-11-08
41. J P MORGAN CHASE & CO   2009-08-07 2018-11-08
20. MASTERCARD INC   2009-11-18 2018-11-08
2390.057 NUVEEN CORE PLUS BOND I     2018-11-08
56. STARBUCKS CORP   2010-10-18 2018-11-08
94. VERIZON COMMUNICATIONS     2018-11-08
30. LINDE PLC   2003-12-19 2018-11-08
50. CVS CORP COM     2018-11-13
132. HORMEL FOODS CORP   2017-10-25 2018-11-13
75. VERIZON COMMUNICATIONS   2014-06-13 2018-11-13
25000. ATT INC 2.375% 11/27/18   2017-03-10 2018-11-27
1000. ISHARES TRUST ISHARES PREFERRED ETF     2018-11-30
3626.298 JOHN HANCOCK II GL ABS RE I     2018-11-30
6. BOOKING HOLDINGS INC     2018-12-11
75. CVS CORP COM   2018-05-17 2018-12-11
195. CVS CORP COM   2012-08-07 2018-12-11
231. VERIZON COMMUNICATIONS     2018-12-11
25000. JOHN DEERE MTN 1.950% 12/13/18   2015-11-20 2018-12-13
500. ISHARES TRUST ISHARES PREFERRED ETF     2018-12-18
846.979 NUVEEN PREFERRED SECS & INC FD CL I   2017-12-12 2018-12-18
1726.122 PGIM SHT DUR HIGH YLD INC CL R6     2018-12-18
45. MOHAWK INDS INC   2014-09-16 2018-12-20
50000. AETNA INC 2.750% 11/15/22   2017-11-14 2018-12-21
500. ISHARES TRUST ISHARES PREFERRED ETF   2009-09-25 2018-12-21
102. VANGUARD REIT ETF     2018-12-21
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 3,925   2,053 1,872
b 5,798   915 4,883
c 2,675   3,430 -755
d 12,227   15,120 -2,893
e 2,462   437 2,025
3,573   4,089 -516
4,861   3,745 1,116
3,802   1,032 2,770
7,791   4,695 3,096
2,561   872 1,689
9,631   4,228 5,403
3,807   2,546 1,261
5,410   1,306 4,104
4,492   732 3,760
3,226   1,111 2,115
3,677   625 3,052
6,995   8,156 -1,161
1,567   1,171 396
2,958   1,072 1,886
2,662   342 2,320
6,184   3,869 2,315
2,388   2,001 387
2,431   1,406 1,025
2,310   555 1,755
14,805   14,651 154
17,277   7,680 9,597
3,838   3,547 291
20,587   21,090 -503
10,000   9,976 24
15,000   12,920 2,080
48,788   51,107 -2,319
125,000   125,000  
50,000   52,867 -2,867
24,835   22,775 2,060
6,013   1,976 4,037
12,015   4,613 7,402
21,186   18,028 3,158
5,483   8,033 -2,550
5,141   1,475 3,666
4,263   3,376 887
8,237   7,553 684
48,927   39,291 9,636
6,578   2,325 4,253
4,847   3,200 1,647
7,217   6,754 463
2,900   3,130 -230
3,814   2,030 1,784
4,423   812 3,611
8,936   8,449 487
3,229   4,938 -1,709
4,037   5,069 -1,032
19,052   13,774 5,278
7,568   6,373 1,195
6,409   2,906 3,503
20,000   17,631 2,369
23,417   25,000 -1,583
1,489   1,573 -84
11,350   9,947 1,403
10     10
25,024   26,016 -992
61,728   55,807 5,921
896     896
5,569   414 5,155
5,839   3,688 2,151
3,721   4,078 -357
4,748   2,530 2,218
4,605   2,866 1,739
2,048   1,782 266
8,569   3,793 4,776
1,617   1,171 446
4,865   2,117 2,748
2,893   1,072 1,821
2,169   775 1,394
2,093   1,320 773
3,215   342 2,873
2,066   1,321 745
2,919   1,873 1,046
2,085   1,753 332
2,339   605 1,734
3,432   1,619 1,813
5,894   2,593 3,301
2,239   53 2,186
24,984   25,520 -536
15,350   29,960 -14,610
3,502   1,984 1,518
11,490   4,787 6,703
3,928   5,015 -1,087
7,552   4,801 2,751
4,402   3,858 544
24,928   26,255 -1,327
74,516   66,956 7,560
75,289   78,679 -3,390
24,718   22,699 2,019
35,000   36,461 -1,461
3,951   3,645 306
2,177   1,255 922
10,000   10,401 -401
15,000   15,330 -330
44,171   40,330 3,841
32,570   27,475 5,095
24,977   27,016 -2,039
28,836   30,032 -1,196
14,991   15,306 -315
14,927   16,046 -1,119
13,894   3,143 10,751
100,000   100,000  
4,242   4,846 -604
10,388   264 10,124
7,909   9,210 -1,301
4,445   3,087 1,358
15,848   14,605 1,243
4,616   1,758 2,858
4,144   456 3,688
24,976   26,395 -1,419
3,834   770 3,064
5,467   4,714 753
4,937   4,904 33
4,056   3,192 864
5,945   4,006 1,939
4,419   3,690 729
25,000   25,175 -175
35,120   39,140 -4,020
36,299   39,237 -2,938
11,064   7,335 3,729
5,624   4,958 666
14,621   8,689 5,932
13,602   6,720 6,882
25,000   25,262 -262
16,930   18,502 -1,572
13,450   15,000 -1,550
14,965   16,276 -1,311
5,233   6,323 -1,090
47,677   49,734 -2,057
16,805   17,984 -1,179
7,697   7,144 553
      23,294
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,872
b       4,883
c       -755
d       -2,893
e       2,025
      -516
      1,116
      2,770
      3,096
      1,689
      5,403
      1,261
      4,104
      3,760
      2,115
      3,052
      -1,161
      396
      1,886
      2,320
      2,315
      387
      1,025
      1,755
      154
      9,597
      291
      -503
      24
      2,080
      -2,319
       
      -2,867
      2,060
      4,037
      7,402
      3,158
      -2,550
      3,666
      887
      684
      9,636
      4,253
      1,647
      463
      -230
      1,784
      3,611
      487
      -1,709
      -1,032
      5,278
      1,195
      3,503
      2,369
      -1,583
      -84
      1,403
      10
      -992
      5,921
      896
      5,155
      2,151
      -357
      2,218
      1,739
      266
      4,776
      446
      2,748
      1,821
      1,394
      773
      2,873
      745
      1,046
      332
      1,734
      1,813
      3,301
      2,186
      -536
      -14,610
      1,518
      6,703
      -1,087
      2,751
      544
      -1,327
      7,560
      -3,390
      2,019
      -1,461
      306
      922
      -401
      -330
      3,841
      5,095
      -2,039
      -1,196
      -315
      -1,119
      10,751
       
      -604
      10,124
      -1,301
      1,358
      1,243
      2,858
      3,688
      -1,419
      3,064
      753
      33
      864
      1,939
      729
      -175
      -4,020
      -2,938
      3,729
      666
      5,932
      6,882
      -262
      -1,572
      -1,550
      -1,311
      -1,090
      -2,057
      -1,179
      553
       
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 2 204,122
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 288,189 5,569,725 0.051742
2016 335,968 5,746,245 0.058467
2015 322,714 6,059,187 0.05326
2014 326,797 6,195,014 0.052752
2013 353,841 5,948,421 0.059485
2
Total of line 1, column (d) .....................
2
0.275706
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
0.055141
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,063,858
5
Multiply line 4 by line 3......................
5
334,367
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,210
7
Add lines 5 and 6........................
7
337,577
8
Enter qualifying distributions from Part XII, line 4,.............
8
357,755
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 3,210
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,210
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,210
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 5,956
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 5,956
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 2,746
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,746 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)
    bulletMT, DE
    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 ofbulletUS BANK Telephone no.bullet (503) 464-3580

    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    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
    US BANK AGENT
    1     		22,224    
    PO BOX 3168
    PORTLAND,OR97208
    CAROLYN MAIER EXECUTIVE DIRECTOR
    1     		0    
    PO BOX 3387
    MISSOULA,MT89806
    RICK HART CHAIRMAN
    1     		0    
    PO BOX 4787
    MISSOULA,MT59806
    LARRY GIANCHETTA VICE CHAIRMAN
    1     		0    
    PO BOX 4787
    MISSOULA,MT59806
    RICK BASKETT SECRETARY/TREASURER
    1     		0    
    PO BOX 4787
    MISSOULA,MT59806
    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
    5,968,870
    b
    Average of monthly cash balances.......................
    1b
    187,331
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,156,201
    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
    6,156,201
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    92,343
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,063,858
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    303,193
    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
    303,193
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,210
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,210
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    299,983
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    299,983
    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
    299,983
    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
    357,755
    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
    357,755
    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
    3,210
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    354,545
    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 7 299,983
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 66,288
    b From 2014...... 21,218
    c From 2015...... 25,119
    d From 2016...... 54,414
    e From 2017...... 15,656
    fTotal of lines 3a through e........ 182,695
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 357,755
    a Applied to 2017, but not more than line 2a 0
    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..... 299,983
    e Remaining amount distributed out of corpus 57,772
    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 5 240,467
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		66,288
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		174,179
    10 Analysis of line 9:
    a Excess from 2014.... 21,218
    b Excess from 2015.... 25,119
    c Excess from 2016.... 54,414
    d Excess from 2017.... 15,656
    e Excess from 2018.... 57,772
    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:
    CAROLYN MONTGOMERY
    PO BOX 3387
    MISSOULA,MT59806
    (406) 240-6353
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT ABOVE
    cAny submission deadlines:
    CONTACT ABOVE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITIES IN THE STATE OF MONTANA
    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
    EMPOWERMT
    1124 CEDAR ST
    MISSOULA,MT59802     		NONE PC AFTER SCHOOL PROGRAMS 2,500
    MONTANA FOOD BANK
    5625 EXPRESSWAY
    MISSOULA,MT59808     		NONE PUBLIC BACKPACK PROGRAM 4,000
    PARTNERSHIP FOR CHILDREN
    PO BOX 8134
    MISSOULA,MT59807     		NONE PC CLINICAL SUPPORT 15,000
    UNITED WAY OF MISSOULA CO
    412 W ALDER ST
    MISSOULA,MT59802     		NONE PC W & R GALLAGHER FDN BLDG 50,000
    MISSOULA CHILDREN'S THEATRE
    200 NORTH ADAMS
    MISSOULA,MT59802     		NONE PC INCR ACCESS MT / ENGAGE 10,000
    YOUTH HOMES INC
    PO BOX 7616
    MISSOULA,MT59807     		NONE PC PARTNERING FOR GOOD 15,300
    MONTANA NATURAL HIST CENT
    120 HICKORY STREET
    MISSOULA,MT59801     		NONE PC VISITING NATURALIST IN 3,000
    ART MOBILE OF MONTANA
    C/O SOUTHWEST MT ACCOUNTANCY GP
    100 DEERFIELD LANE
    DILLON,MT59725     		NONE PC RURAL SCHOOLS W OF DIVIDE 3,300
    A CAROUSEL FOR MISSOULA
    101 CAROUSEL DRIVE
    MISSOULA,MT59802     		NONE PC DRAGON HALLOW RENOVATION 5,000
    CASA - MSLA
    PO BOX 7433
    MISSOULA,MT59807     		NONE PC ADVOCATE TRAINING 5,000
    NATIONAL MUSEUM OF FOREST SERV HISTORY
    PO BOX 2772
    MISSOULA,MT59806     		NONE PC JAMES B YULE STOREY STAGE 5,000
    MISSOULA WRITING COLLABORATIVE
    PO BOX 9237
    MISSOULA,MT59807     		NONE PC CREATIVE WRITING FLOR&DARBY 5,000
    TAMARACK GRIEF RESOURCE
    405 S 1ST STREET W
    MISSOULA,MT59801     		NONE PC GRIEF WORKSHOP SERIES 4,500
    BOYS & GIRLS CLUB-RONAN
    FLATHEAD RESERVATION & LAKE CO
    PO BOX 334
    RONAN,MT59864     		NONE PC GRANT CAMPAIGN 15,000
    YWCA OF MISSOULA MT
    1130 W BROADWAY
    MISSOULA,MT59802     		NONE PC CAPITAL CAMPAIGN 30,000
    POVERELLO
    1110 WEST BROADWAY
    MISSOULA,MT59802     		NONE PC GRANT FOR SOUP KITCHEN 2,500
    WATSON CHILDREN'S SHELTER
    4978 BUCKHOUSE LANE
    MISSOULA,MT59804     		NONE PC SUMMER ENRICH PROGRAMS 6,096
    ROCKY MOUNTAIN BALLET THEATRE
    2704 BROOKS ST STE 2
    MISSOULA,MT59801     		NONE PC GLOBAL CULTURAL EXC MT 7,500
    BIG SKY FILM INSTITUTE
    113 W FRONT STREET SUITE 105
    MISSOULA,MT59802     		NONE PC FOR BSFI EDUCATIONAL 5,000
    ARTS MISSOULA
    PO BOX 7662
    MISSOULA,MT59807     		NONE PC FIRST NIGHT MISSOULA 3,000
    PROVIDENCE MT FDN FOR ST PAT HOUSE
    502 WEST SPRUCE ST
    MISSOULA,MT59802     		NONE PC WELCOME HOME FUND 5,000
    OPERATION WARM
    PO BOX 822431
    PHILADELPHIA,PA19182     		NONE PC MSLA NEW WINTER COATS 3,000
    WILDLIFE FILM FESTIVAL LTD
    DBA THE ROXY THEATER
    718 S HIGGINS AVE
    MISSOULA,MT59801     		NONE PC ROXY THEATER RESTORATION 5,000
    BOYS & GIRLS CLUB OF
    MISSOULA COUNTY
    1515 FAIRVIEW AVE SUITE 243
    MISSOULA,MT59801     		NONE PUBLIC AFTER SCHOOL PROGRAM 5,000
    MISSOULA AGING SERVICES
    337 STEPHENS AVE
    MISSOULA,MT59801     		NONE PC RESPITE CARE AND INHOME 10,000
    MAIN STREET UPTOWN BUTTE
    66 WEST PARK SUITE 210
    BUTTE,MT59701     		NONE PC 2018 MT FOLK FESTIVAL 4,000
    MEDIA ARTS IN THE PUBLIC SCHOOLS
    515 MADISON ST
    HAMILTON,MT59840     		NONE PC MAPS MEDIA INSTUTUTE 7,500
    MISSOULA ART MUSEUM
    335 NORTH PATTEE ST
    MISSOULA,MT59802     		NONE PC FREE EDUCATION AT MAM 5,000
    CHILD BRIDGE
    PO BOX 310
    MISSOULA,MT59911     		NONE PC FINDING FAMILIES IN W MT 5,000
    PROJECT WHITEFISH KIDS
    PO BOX 2010
    WHITEFISH,MT59937     		NONE PC GRANT FOR SMITH FIELDS 5,000
    GARDEN CITY HARVEST
    PO BOX 205
    MISSOULA,MT59806     		NONE PC GRANT FOR COMMUNITY GARDENS 5,000
    THE PARENTING PLACE
    1644 SOUTH 8TH ST W
    MISSOULA,MT59801     		NONE PC CHILD ABS & NEGLECT 5,000
    MISSOULA FOOD BANK
    219 SOUTH 3RD ST
    MISSOULA,MT59801     		NONE PC CAPITAL CAMPAIGN 25,000
    SPARROWS NEST OF NW MONTANA
    PO BOX 8384
    KALISPELL,MT59904     		NONE PC SUPPORT AGING OUT FOSTER CR 3,000
    WRITING COACHES OF MISSOULA
    PO BOX 7592
    MISSOULA,MT59807     		NONE PC WRITING COACH RAVALLI 5,000
    BITTERROOT PERFORMING ARTS CO INC
    127 W MAIN STE 103
    HAMILTON,MT59840     		NONE PC 2018-2019 PERFORM ARTS 5,000
    Total .................................bullet 3a 299,196
    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....     14 138,822  
    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 ............     		    18 204,122  
    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)..   342,944  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    342,944
    (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:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WAL MART STORES 3.25 10/25/20 49,961 50,488
    NORTHN TR CORP 3.450 11/4/20 35,342 35,358
    JPMORGAN CHASE 4.250 10/15/20 50,148 50,901
    GE CAP RETAIL CD 2.0 4/27/18    
    CATERPILLAR FINANCIAL SE 2.1 6 25,026 24,910
    AMERICAN EXPRESS 2.25 8/15/19 50,192 49,773
    VANGUARD SHORT TERM BOND ETF 24,994 24,823
    JOHN DEERE CAPITAL CORP 1.55 1    
    BANK OF NY MELLON 2.3 9/11/19 50,581 49,740
    WELLS FARGO CO 3.00 1/22/21 51,709 49,777
    PNC FUNDING CORP 3.3 3/8/22 25,842 24,945
    CATERPILLAR FINANCIAL SE 2.85 50,876 49,311
    BP CAPITAL MARKETS PLC 2.315 2 24,977 24,786
    PNC BANK NA MED TERM 2.3 6/1/2 50,570 49,327
    APPLE INC 2.25 2/23/21 50,894 49,414
    MERCK CO INC 2.4 9/15/22    
    ATT INC 2.375 11/27/18    
    WELLS FARGO COMPANY 2.150 1/15 75,337 74,978
    FHLMC MTN 3.75 3/27/19 53,397 50,154
    CITIGROPU INC 2.4 9/11/19 25,222 24,773
    VERIZON COMMUNICATIONS 2.625 2 50,682 49,813
    CITIGROUP INC 2.7 3/30/21 50,266 49,258
    VERIZON COMMUNICATIONS 3.0 11/ 25,368 24,875
    AETNA INC 2.75 11/15/22    
    BAIRD AGGREGATE BOND FUND 62,837 61,452
    CALVERT SHORT DURATION INCOME 61,844 60,703
    DOUBLELINE TOTAL RET BD 63,955 61,028
    ISHARES US PREFERRED STOCK 34,513 34,230
    NUVEEN CORE PLUS BOND 71,830 69,074
    NUVEEN PREFERRED SECS & INC FD    
    FEDERATED INST HI YLD BD FD 55,000 50,826
    OPPENHEIMER SENIOR FLOATING RA 61,702 58,189
    PGIM INVEST ST DURATION HI YLD 65,490 59,970
    NUVEEN INFLATION PRO SEC 74,064 69,790
    BANK OF AMERICA MED TERM 3.3 1 24,993 24,622
    MORGAN STANLEY BANK C D 11/16/ 25,000 25,036
    EBAY INC 3.25 10/15/20 50,246 49,954
    WELLS FARGO BANK C D 2.75 5/11 100,000 99,871
    INVESTORS SAVINGS BAK C D 2.25 25,000 24,981
    MORGAN STANLEY BANK C D 2.4 9/ 25,000 24,963
    WELLS FARGO BANK C D 3.2 3/8/2 20,000 19,995

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE INC 2,718 81,236
    EXXON MOBIL CORP 21,441 25,980
    GENERAL ELEC CO    
    INTEL CORP 16,587 30,505
    JP MORGAN CHASE & CO 19,074 50,665
    MICROSOFT CORP 33,691 109,188
    PEPSICO INC 11,677 23,090
    PFIZER INC 21,168 36,884
    PRAXAIR INC    
    PROCTER & GAMBLE CO 16,170 26,197
    UNITED TECHNOLOGIES 16,889 34,500
    VERIZON COMMUNICATIONS    
    WAL MART STORES 16,718 25,616
    WELLS FARGO & CO    
    SCHLUMBERGER LTD 18,445 11,906
    NUVEEN REAL ESTATE 75,489 88,223
    MASTERCARD INC 7,759 64,141
    MCDONALDS CORP 9,187 28,411
    STARBUCKS 4,125 19,320
    IPATH DOW JONES UBS COMMODITY 50,030 35,225
    BOEING CO 6,499 33,540
    CITIGROUP INC 16,865 19,523
    CVS HEALTH CORPORATION    
    ACCENTURE PLC CL A 3,578 7,756
    NUVEEN INFLATION PRO SEC CL I    
    AMERICAN TOWER CORP 20,684 30,056
    BANK OF AMERICA CORP 12,277 26,143
    CIGNA CORP    
    CISCO SYS INC 22,303 39,560
    COSTCO WHSL CORP 27,352 36,668
    DOWDUPONT INC    
    LOWES CO INC 11,044 26,323
    ROBECO BOSTON PARTN L S RSRCH 100,140 105,212
    ABBVIE INC 24,774 39,457
    AT&T INC 11,960 9,675
    FACEBOOK INC A 39,569 37,754
    MOHAWK INDS INC    
    P N C FINANCIAL SERVICES GP 26,003 33,086
    SEMPRA ENERGY    
    STRYKER CORP 7,852 15,205
    CAMBIAR INTL EQUITY FUND INS 87,978 85,505
    CAUSEWAY EMERGING MARKETS INST 54,571 49,238
    ISHARES CORE MSCI EAFE ETF 141,619 141,515
    ISHARES CORE MSCI EMERGING MKT 30,901 36,117
    LOOMIS SAYLES STRATEGIC ALPHA 121,000 122,124
    TCW EMERGING MARKETS INCOME FD 64,281 61,820
    VANGUARD REAL ESTATE 51,873 55,928
    VANGUARD SMALL CAP INDEX FUND 87,989 93,919
    ALPHABET INC CL A 7,217 41,798
    ALPHABET INC CL C 3,510 20,712
    CARDINAL HEALTH INC    
    E O G RES INC    
    NIKE INC 18,069 26,468
    PRICELINE COM INC    
    3M CO 18,871 23,246
    MEDTRONIC PLC 31,675 38,567
    FIDELITY ADV DIVERS INTL 52,515 54,247
    GLENMEDE SC 15,993 12,937
    ISHARES MSCI EAFE GROWTH    
    JOHN HANCOCK II    
    SPDR S P 500 ETF 50,531 47,485
    BIOGEN INC 17,982 19,259
    COLUMBIA DIVIDEND INC FUND INS 90,000 88,393
    GENERAL DYNAMICS CORP    
    MARATHON PETROLEUM CORP 23,961 29,092
    P P G INDS INC 18,776 18,197
    SCHWAB CHARLES CORP 23,134 31,812
    T ROWE PRICE GROWTH STOCK 47,732 46,188
    VANGUARD EQUITY INCOME ADM 51,110 48,293
    CHUBB LTD 15,817 26,740
    BARON EMERGING MARKETS INSTITU 19,495 20,391
    AMAZON COM INC 54,635 79,604
    CELGENE CORP    
    DELTA AIR LINES INC 29,662 30,339
    HORMEL FOODS CORP 13,790 17,755
    ISHARES RUSSELL MID CAP GROWTH 38,054 40,140
    ISHARES RUSSELL 2000 GROWTH    
    JOHNSON JOHNSON 25,858 43,361
    SEVICENOW INC 10,267 17,805
    SPDR S&P MIDCAP 400 93,477 216,712
    UNITEDHEALTH GROUP INC 30,792 35,624
    VANGROWTH INDEX FUND SHARES    
    WALT DISNEY CO THE 6,341 23,575
    CANADIAN NATURAL RESOURCES LTD    
    HARDING LOEVNER INTERNATIONAL 112,500 101,215
    T ROWE PRICE INTL VAL EQTY FD    
    TRANSCANADA CORP 25,525 20,813
    SCHWAB U S TIPS    
    AMERICAN CAMPUS COMMUNITIES    
    INVESCO BALANCED RISK COMMODIT 33,000 29,606
    ALBEMARLE CORP 9,899 6,859
    BLACKROCK INC 21,020 20,034
    COMCAST CORP CLASS A 14,415 12,973
    I SHARES S P 500 VALUE 61,078 54,717
    PARSLEY ENERGY INC CL A 40,863 20,790
    PAYPAL HLDINGS INC 19,498 19,677
    RATHEON COMPANY 32,324 23,923
    BP PLC SPON A D R 7,819 7,925
    ISHARES MSCI EAFE VALUE 73,753 67,920
    LINDE PLC 8,990 8,582
    CAUSEWAY INTERNATL VALUE 113,000 93,560

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    US Government Securities - End of Year Book Value:

    517,345
    US Government Securities - End of Year Fair Market Value:

    516,839
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 OtherDecreasesSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Description Amount
    ACCRUED INTEREST PAID 1,129


    TY 2018 OtherExpensesSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEBSITE FEE 122 0   122
    USPS 447 0   447
    ANNUAL REPORT 25 0   25
    FORM CONVERSIION 25 0   25
    OFFICE SUPPLIES 350 0   350
    INSURANCE 813 0   813
    DOCUMENT STORAGE FEE 99 0   99
    LEADERSHIP BOOKS 60 0   60
    PARKING 3 0   0
    CT CORPORATION SYSTEMS 368 0   368
    WEBSITE BUILDER 159 0   159


    TY 2018 OtherIncreasesSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Description Amount
    ACCRUED INTEREST PAID PY 613
    ROUNDING ADJUSTMENT 4


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDEPENDENT CONTRACTOR 50,750     50,750


    TY 2018 TaxesSchedule
    Name:
    GALLAGHER WESTERN MONTANA CHARITABLE
    EIN:
    91-2138399
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 218 218   0
    FEDERAL TAX PAYMENT - PRIOR YE 3,073 0   0
    FEDERAL ESTIMATES - PRINCIPAL 5,956 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,473 1,473   0
    FOREIGN TAXES ON NONQUALIFIED 223 223   0