TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
HW DURHAM FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)5050 POPLAR AVENUE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MEMPHIS, TN38157

A Employer identification number

62-0583854

B Telephone number (see instructions)

(901) 683-3583

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$10,180,227J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	75,436		75,436
4	Dividends and interest from securities...	160,008		160,008
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		479,626
b	Gross sales price for all assets on line 6a 4,237,438
7	Capital gain net income (from Part IV, line 2)...			479,626
8	Net short-term capital gain.........
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........	715,070		715,070
13	Compensation of officers, directors, trustees, etc.	208,351		76,426	131,925
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	50,840		9,546	41,294
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		17,164	11,157	6,007
c	Other professional fees (attach schedule)....		69,796	69,796
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		13,280	4,116	120
19	Depreciation (attach schedule) and depletion...		4,664	4,664
20	Occupancy..............	17,506		1,751	15,755
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		77,062	16,489	60,573
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	458,663		193,945	255,674
25	Contributions, gifts, grants paid.......	272,399			272,399
26	Total expenses and disbursements. Add lines 24 and 25	731,062		193,945	528,073
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-15,992
b	Net investment income (if negative, enter -0-)			521,125
c	Adjusted net income (if negative, enter -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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	22,604	41,366	41,366
	2	Savings and temporary cash investments.........	387,410	853,330	853,330
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	3,000	13,997	13,997
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	7,238,202	6,803,990	6,803,990
	c	Investments—corporate bonds (attach schedule).......	3,064,303	2,102,761	2,102,761
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	731,322	364,783	364,783
	14	Land, buildings, and equipment: basis 54,536
		Less: accumulated depreciation (attach schedule) 44,031	15,169	10,505
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,462,010	10,190,732	10,180,227
	17	Accounts payable and accrued expenses..........	2,590	2,375
	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 )
	23	Total liabilities (add lines 17 through 22).........	2,590	2,375
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	11,459,420	10,188,357
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	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).....	11,459,420	10,188,357
	31	Total liabilities and net assets/fund balances (see instructions).	11,462,010	10,190,732

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

11,459,420

Enter amount from Part I, line 27a .....................

-15,992

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

11,443,428

Decreases not included in line 2 (itemize) bullet

1,255,071

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

10,188,357

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
1 a	PUBLIC TRADED SECURITIES	P
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,180,056	3,757,812	422,244
b
c
d
e

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			422,244
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	479,626
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 ...................		3	422,244

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? Yes No

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	524,374	10,824,281	0.048444
2016	414,869	10,218,255	0.040601
2015	673,734	10,697,179	0.062982
2014	617,414	10,821,095	0.057057
2013	524,260	11,556,959	0.045363

Total of line 1, column (d) .....................

0.254447

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 ......

0.050889

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

11,029,632

Multiply line 4 by line 3......................

561,287

Enter 1% of net investment income (1% of Part I, line 27b)...........

5,211

Add lines 5 and 6........................

566,498

Enter qualifying distributions from Part XII, line 4,.............

528,073

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)

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 and enter “N/A" on line 1.
	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	10,423
	hereand 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
3	Add lines 1 and 2...........................	3	10,423
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	10,423
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	9,100
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	9,100
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	66
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,389
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.DURHAMFOUNDATION.ORG

The books are in care of bullet

JENKS E MCCORY Telephone no. bullet

(901) 683-3583

Located at bullet

5050 POPLAR AVENUE STE 1007MEMPHISTN ZIP+4 bullet

38157

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
CHRISTOPHER COOPER	SECRETARY 000.00	114,211
6678 N KIRBY OAKS DRIVE MEMPHIS,TN38119	SECRETARY 000.00	114,211
JENKS E MCCORY	PRESIDENT 000.00	86,890
345 CINNAMON DRIVE MEMPHIS,TN38117	PRESIDENT 000.00	86,890
HUGH MCHENRY	DIRECTOR 000.00	1,600
265 RIDGECREST LANE KILLEN,AL35645	DIRECTOR 000.00	1,600
JOHN B COLEMAN JR	VICE PRESIDE 000.00	1,100
624 AZALEA TERRACE CIRCLE MEMPHIS,TN38117	VICE PRESIDE 000.00	1,100
JUSTIN TAYLOR	DIRECTOR 000.00	1,100
5050 POPLAR AVE SUITE 1007 MEMPHIS,TN38157	DIRECTOR 000.00	1,100
KAYE D BROOKSBANK	DIRECTOR 000.00	1,200
251 BREMINGTON PL MEMPHIS,TN38111	DIRECTOR 000.00	1,200
LINDA NICHOLS	DIRECTOR 000.00	1,200
2033 HALLWOOD MEMPHIS,TN38107	DIRECTOR 000.00	1,200
LISA DURHAM	DIRECTOR 000.00	350
1408 WIND RIVER DRIVE HUNTSVILLE,AL35802	DIRECTOR 000.00	350
EVERETT HUFFARD	DIRECTOR 000.00	700
5050 POPLAR AVE SUITE 1007 MEMPHIS,TN38157	DIRECTOR 000.00	700

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...................

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............. bullet

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	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

10,576,676

Average of monthly cash balances.......................

620,920

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

11,197,596

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

11,197,596

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

167,964

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

11,029,632

Minimum investment return. Enter 5% of line 5..................

551,482

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.)

Minimum investment return from Part X, line 6....................

551,482

Tax on investment income for 2018 from Part VI, line 5......

10,423

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

10,423

Distributable amount before adjustments. Subtract line 2c from line 1............

541,059

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

541,059

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

541,059

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

528,073

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

528,073

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

528,073

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7			541,059
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2018:
a From 2013......
b From 2014......	72,830
c From 2015......	139,049
d From 2016......
e From 2017......
fTotal of lines 3a through e........		211,879
4Qualifying distributions for 2018 from Part
XII, line 4: $ 528,073
a Applied to 2017, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2018 distributable amount.....			528,073
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2018.		12,986	12,986
(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		198,893
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............
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) .......
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		198,893
10 Analysis of line 9:
a Excess from 2014....	59,844
b Excess from 2015....	139,049
c Excess from 2016....
d Excess from 2017....
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JENKS MCCORY
5050 POPLAR AVE STE 1007
MEMPHIS,TN38157
(901) 683-3583

bThe form in which applications should be submitted and information and materials they should include:

LETTER OF INTENT OUTLINING IDEA, PURPOSE AND ORGANIZATION DESCRIPTION.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

GRANTS ARE MADE TO BENEFIT THE ELDERLY PRIMARILY IN MEMPHIS, TENNESSEE AND THE MID-SOUTH (INCLUDING WEST TENNESSEE, NORTHEAST ARKANSAS & NORTHWEST MISSISSIPPI). SOME EXCEPTIONS EXIST FOR PROJECTS OF NATIONAL SIGNIFICANCE THAT COULD BE REPLICATED IN THE LOCAL AREA.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ALZHEIMER'S DAY SERVICES 3185 HICKORY HILL ROAD MEMPHIS,TN38115		PC	ADULT DAY CARE	1,000
AVE MARIA HOME 2805 CHARLES BRYAN RD BARTLETT,TN38134		PC	NURSING HOME SUPPORT	29,981
COMMUNITY LEGAL CENTER 910 VANCE AVE MEMPHIS,TN38126		PC	LEGAL ASSISTANCE FOR ABUSED SENIORS	17,874
CREATIVE AGING 200 JEFFERSON AVE 707 MEMPHIS,TN38103		PC	SENIOR ARTS PERFORMANCE	28,750
DELTA ARTS 301 S RHODES ST WEST MEMPHIS,AR72301		PC	THEATRICAL PERFORMANCES FOR SENIORS	4,500
FOREVER YOUNG SR VETERANS 15 S CENTER ST 110 COLLIERVILLE,TN38017		PC	HONOR TRIPS FOR SENIOR VETS	3,715
GOLDEN CROSS SENIOR MINISTRIES 1615 APPLING RD CORDOVA,TN38106		PC	HOUSEHOLD ASSISTANCE FOR SENIORS	37,481
HARDING UNIVERSITY GRADUATE SCHOOL 1000 CHERRY RD MEMPHIS,TN38117		PC	SCHOLARSHIPS FOR SENIOR-AGED STUDENT	5,000
KITTY CITY 3750 HACKS CROSS RD SUITE 102 126 MEMPHIS,TN38125		PC	VET CARE FOR SENIORS' PETS	9,450
MEMPHIS LIBRARY FOUNDATION 3030 POPLAR MEMPHIS,TN38111		PC	COMPUTER TRAINING FOR SENIORS	12,891
MEMPHIS THEOLOGICAL SEMINARY 168 E PKWY S MEMPHIS,TN38104		PC	SCHOLARSHIPS FOR SENIOR-AGED STUDENT	5,000
MID-SOUTH FOOD BANK 239 S DUDLEY ST MEMPHIS,TN38104		PC	FOOD FOR HOMEBOUND SENIORS	50,000
MIFA 910 VANCE AVE MEMPHIS,TN38126		PC	COMPUTERIZING MEALS-ON-WHEELS	24,000
SPAY MEMPHIS 3787 SUMMER AVE MEMPHIS,TN38122		PC	VET CARE FOR SENIORS' PETS	15,000
VIETNAM VETS 3432 SUMMER AVE MEMPHIS,TN38122		PC	TRANSPORTATION FOR SENIORS	27,557
CHURCH HEALTH CENTER 1350 CONCOURSE AVENUE SUITE 142 MEMPHIS,TN38104			MEDICAL CARE FOR SENIORS	100
AGAPE 3160 DIRECTORS ROW MEMPHIS,TN38131			TRAINING SENIORS AS MENTORS	100
Total ................................. 3a				272,399

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	75,436
4 Dividends and interest from securities....			14	160,008
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	479,626
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)..				715,070

13Total. Add line 12, columns (b), (d), and (e)..................

715,070

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	17,164	11,157		6,007

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2018 DepreciationSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
OFFICE FURNITURE	2003-07-31	25,390	25,390	S/L	7.0000
NORTH ATLANTIC PHONE SYSTEM	2007-02-07	3,250	3,250	S/L	7.0000
2 APPLE DESKTOP COMPUTERS	2010-09-08	2,574	2,574	S/L	5.0000
JENKS LAPTOP	2016-01-11	1,638	656	S/L	5.0000	327	327
2013 MERCEDES BENZ C300	2016-01-27	21,684	7,497	S/L	5.0000	4,337	4,337

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CITIGROUP INC	236,925	236,925
JP MORGAN CHASE BANK
ROYAL BK CANADA
WELLS FARGO BK N A CA	260,750	260,750
ACE INA HOLDINGS	5,866	5,866
ADELANTO CALIF PUB UTIL	10,423	10,423
AETNA US HEALTHCARE	33,285	33,285
ALLENTOWN PA	51,448	51,448
ASSOCIATED BANC CORP SR NOTE	30,853	30,853
BANK OF AMERICA CORP SENIOR ME DIUM	15,832	15,832
BEDFORD PARK ILL	56,184	56,184
CALIFORNIA HSG FIN AGY
CAPITAL ONE FINL CORP	10,247	10,247
CHEVRON CORP
CHICAGO ILL	55,961	55,961
CIGNA	5,051	5,051
CITIGROUP	5,906	5,906
CLEMSON UNIV	4,957	4,957
DOW CHEMICAL
FIRST MIDWEST BANCORP	52,292	52,292
FIRST NIAGARA FINANCIAL GROUP	32,802	32,802
FLUSHING FINL SR SUB NOTE CLBL	10,373	10,373
FULTON FINANCIAL	51,218	51,218
GENERAL MILLS	19,598	19,598
GOLDMAN SACHS GROUP	13,611	13,611
HAWTHORNE CALIF CTFS	49,208	49,208
ILLINOIS HSG DEV AUTH	20,439	20,439
ILLINOIS ST	58,068	58,068
INTL LEASE FINANCE	15,133	15,133
JERSEY CITY NJ	30,059	30,059
JP MORGAN CHASE & CO	11,738	11,738
KINDER MORGAN ENERGY PARTNERS	5,997	5,997
KRAFT HEINZ FOODS CO SR NOTE TE
MADISON & JERSEY CNTYS ILL	9,915	9,915
MAINE ST HSG	52,521	52,521
MARYLAND ST CMNTY DEV	54,545	54,545
MASCO CORP
METHANEX CORP SR NOTE	14,887	14,887
MORGAN ST DEAN WITTER	5,989	5,989
NEVADA SYS HIGHER ED	54,953	54,953
NEW JERSEY ECONOMIC DEV	46,315	46,315
NEW YORK ST DORM	53,620	53,620
NISOURCE FINANCE CORP SR NOTE
ONEOK PARTNERS SR NOTE CALLABLE
OSCEOLA CNTY FLA TOURIST DEV	48,085	48,085
PALM DESERT CA
PEAPACK GLADSTONE FINL SR NOTE	54,873	54,873
PEAPACK GLADSTONE FINL SUB NOTE
PENNSYLVANIA ST HGR EDUCATION	45,643	45,643
PUBLIC FIN AUTH WIS LEASE REV	29,724	29,724
RANTOUL ILL TAXABLE GO BDS	55,019	55,019
RECKSON OPER PARTNERSHIP SR NOTE
ROUND LAKE PK ILL TAXABLE GO BD	31,016	31,016
ROYAL CARIBBEAN CRUISES SR DEB
SAN BERNARDINO CNTY CALIF	55,337	55,337
SAN DIEGO CA REDEV AGY	56,774	56,774
STANTON CALIF REDEV AGY	54,529	54,529
STOCKTON CA REDEV AGY	19,295	19,295
SUCCESSOR AGY PITSSBURG CALIF	55,260	55,260
TEMECULA CA REDEV AGY	9,858	9,858
TESORO LOGISTICS	15,300	15,300
TOOELE CITY UTAH SALES TAX RE	46,700	46,700
UNIVERSITY CALIF	5,146	5,146
US TREASURY NOTE
VACAVILLE CALIF REDEV	62,837	62,837
WACHOVIA BANK
WELLS FARGO COMPANY
YOUNG MENS CHRISTIAN ASSC	10,396	10,396

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AMERICAN FUNDS AMERICAN BALANCED F2	304,814	304,814
AMERICAN FUNDS NEW WORLD FD CL F2	511,739	511,739
MFS INTERNATIONAL VALUE I	1,413,104	1,413,104
AMAZON.COM INC	37,549	37,549
3M CO	36,774	36,774
ABBOTT LABS	81,950	81,950
AFLAC	78,728	78,728
ALTRIA GROUP	49,242	49,242
AMERISOURCEBERGEN CORP	56,395	56,395
AMGEN	93,831	93,831
AUTOMATIC DATA PROCESSING	46,285	46,285
BECTON DICKINSON & CO
CHEVRON CORP	46,018	46,018
CONAGRA BRANDS	39,943	39,943
CVS HEALTH CORP	75,086	75,086
DOLLAR GENERAL CORP	75,656	75,656
GRAINGER W W INC	57,884	57,884
ILLINOIS TOOL WORKS	66,132	66,132
JOHNSON & JOHNSON	75,107	75,107
KROGER CO	57,613	57,613
LOWES COS	70,932	70,932
MARSH & MCLENNAN COS	69,462	69,462
MERCK & CO	71,291	71,291
MICROCHIP TECHNOLOGY	48,186	48,186
OCCIDENTAL PETROLEUM CORP	51,068	51,068
OMNICOM GROUP	60,789	60,789
PHILIP MORRIS INTL	54,076	54,076
PROCTER GAMBLE	38,606	38,606
ROSS STORES	65,063	65,063
ROYAL DUTCH SHELL PLC	43,936	43,936
SMUCKER J M CO	59,366	59,366
STATE STREET CORP	56,574	56,574
UNITEDHEALTH GROUP	82,708	82,708
ABBVIE	5,808	5,808
ACCENTURE LTD	52,879	52,879
ADIDAS	44,762	44,762
AEGON
AETNA
AIA GROUP	63,689	63,689
ALLY FIN	30,342	30,342
ALTRIA GROUP	6,174	6,174
AMADEUS	26,886	26,886
AMERICAN AIRLINES GROUP	22,188	22,188
AMERICAN EXPRESS
AMERIPRISE FINL	66,066	66,066
AMGEN	56,649	56,649
ANADARKO PETRO	28,584	28,584
ASML HOLDING	25,677	25,677
APPLE
ATLAS	33,095	33,095
BANK OF AMERICA CORP	4,756	4,756
BED BATH & BEYOND	28,069	28,069
BEST BUY
BOEING CO
CADENCE DESIGN SYSTEMS
CANADIAN PAC RAILWAY	55,062	55,062
CARDINAL HEALTH	5,798	5,798
CBS CORP
CDK GLOBAL	17,285	17,285
CELANESE CORP	23,842	23,842
CENTURYLINK
CHARTER COMMUNICATIONS	6,269	6,269
CHR HANSEN HLDG	41,437	41,437
CHUBB LTD	55,418	55,418
CISCO SYSTEMS	41,077	41,077
CIT GROUP
CITIGROUP	57,110	57,110
CITRIX SYSTEMS	58,402	58,402
COLOPLAST
COMPASS GROUP	51,121	51,121
CONAGRA BRANDS	36,782	36,782
CONCOPHILLIPS	27,496	27,496
CORE LABORATORIES	18,256	18,256
CORNING INC	52,293	52,293
CSL LTD	65,745	65,745
CVS HEALTH CORP
CSX CORP	4,970	4,970
DAVITA INC	5,558	5,558
DELTA AIRLINES	13,074	13,074
DISCOVER FINL SVCS
DOVER CORP	9,294	9,294
DSV	48,601	48,601
EBAY
ESSILOR INTL	59,055	59,055
EXPERIAN PLC	66,450	66,450
EXPRESS SCRIPTS HOLDING CO
FERRARI
FIFTH THIRD BANCORP	53,931	53,931
FRANKLIN RES	11,923	11,923
GENERAL ELECTRIC CO
GENERAL MILLS	10,553	10,553
GILEAD SCIENCES INC
GOLDMAN SACHS GROUP
HARTFORD FINANCIAL SERVICES	23,870	23,870
HD SUPPLY	19,135	19,135
HCA HEALTHCARE
HDFC BANK LTD	53,038	53,038
HEXAGON AB	49,468	49,468
HERMES INTL S A UNSPONSORED
ICON	37,729	37,729
INDUSTRIA DE DISENO TEXTTILE	14,197	14,197
INTERNATIONAL BUSINESS MACHINES
JUNIPER NETWORKS	37,109	37,109
KOHLS CORP	22,887	22,887
KROGER CO	35,475	35,475
LEAR CORP
LINCOLN NATL COPR
LUXOTTICA GROUP
LOCKHEED MARTIN CORP
LOWE'S COMPANIES	10,252	10,252
LVMH MOET HENNESSY LOUIS VTTN	50,100	50,100
LYONDELLBASELL INDUSTRIES
MANPOWERGROUP
MARATHON PETROLEUM GROUP	63,672	63,672
MARRIOTT INTERNATIONAL	20,084	20,084
MCDONALDS CORP
MCKESSON CORP	6,297	6,297
METLIFE	66,066	66,066
METTER-TOLEDO INTERNATIONAL	55,992	55,992
MICHAEL KORS HOLDINGS
MOTOROLA
MSCI
NESTLE	51,167	51,167
NETAPP
NOVOZYMES
PERNAD RICARD	44,624	44,624
PHILLIPS 66	29,119	29,119
PROCTOR & GAMBLE	31,345	31,345
PULTE GROUP	21,442	21,442
QUAL COMM	7,057	7,057
RECKITT BENCKISER GROUP
REGIONS FINL CORP	42,856	42,856
RYANAIR HOLDINGS	20,332	20,332
SEAGATE TECHNOLOGY	33,843	33,843
SEALED AIR CORP	30,206	30,206
SIRIUS XM HOLDINGS
SPIRIT AEROSYSTEMS	27,682	27,682
SHOPIFY INC	44,442	44,442
STERIS PLC	36,222	36,222
SUNTRUST BNK	5,094	5,094
SYNCHRONY FINL	14,662	14,662
SYSCO CORP	30,954	30,954
SYSMEX CORP
TAIWAN SEMICONDUCTOR	50,456	50,456
TARGET CORP
TE CONNECTIVITY
TELSTRA CORP LTD ADR
TENCENT HOLDINGS	57,942	57,942
TEXTRON INC	4,875	4,875
THE HARTFORD FINANCIAL SERVICES
THE KROGER COMPANY
THE WESTERN UNION
UNION PAC	27,646	27,646
UNITED CONTINENTAL HLDGS	25,538	25,538
UNITED RENTALS
UNITED TECH CORP
VALERO ENERGY CORP	33,212	33,212
VF CORP
VOYA FINANCIAL	43,271	43,271
W.W. GRAINGER INC
WALMART DE MEXICO	32,067	32,067
WALGREENS BOOTS ALLIANCE	11,138	11,138
WALT DISNEY CO	20,066	20,066
WESTERN UNION	46,608	46,608
WYNDHAM WORLDWIDE
XL GROUP LTD
YANDEX
YUMI BRANDS	46,420	46,420

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ISHARES CORE S&P 500	FMV	129,328	129,328
POWERSHARES DB COMM IND FD ETF	FMV
SPDR GOLD SHARES	FMV
VANGUARD FTSE DEVELOPED MARKETS	FMV
VANGUARD REAL ESTATE ETF	FMV	137,805	137,805
ISHARES MSCI EMG	FMV	97,650	97,650

- TIN:

TY 2018 LandEtcSchedule2

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
	54,536	44,031	10,505

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description	Amount
NET UNREALIZED GAINS/LOSSES ON INVESTMENTS	1,255,071

- TIN:

TY 2018 OtherExpensesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
AUTOMOBILE	4,517	1,129	3,388
BOARD EXPENSES	4,254		4,254
EXECUTIVE INSURANCE	50,042	11,009	39,033
INSURANCE	9,172	3,577	5,595
OFFICE EXPENSE	1,334	133	1,201
PROFESSIONAL DUES & SUBSCRIPT	1,340		1,340
TELEPHONE	5,708	571	5,137
TRAVEL & EDUCATION	695	70	625

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISOR FEES	69,796	69,796

- TIN:

TY 2018 TaxesSchedule

Name:

HW DURHAM FOUNDATION INC

EIN:

62-0583854

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	4,103	4,103
PROPERTY TAXES	133	13	120
FEDERAL EXCISE TAX	9,044