Form990-PF
Click to see list of attachments

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
JULIA PIERSON TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)133 N MAIN STREET PO BOX 29
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CARROLLTON, IL62016
A Employer identification number

37-6321165
B Telephone number (see instructions)

(217) 942-5244
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$2,537,692J 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 16,368 16,368 16,368
4 Dividends and interest from securities... 45,107 45,107 45,107
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29,626
b Gross sales price for all assets on line 6a 343,886
7 Capital gain net income (from Part IV, line 2)... 29,626
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)....... Click to see attachment 1,501    
12 Total. Add lines 1 through 11........ 92,602 91,101 61,475
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 450     450
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,275     1,275
c Other professional fees (attach schedule).... Click to see attachment 22,121     22,121
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,255     1,255
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 171     171
23 Other expenses (attach schedule)....... Click to see list of attachments 289     289
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,561 0   25,561
25 Contributions, gifts, grants paid....... 155,715 155,715
26 Total expenses and disbursements. Add lines 24 and 25 181,276 0   181,276
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -88,674
b Net investment income (if negative, enter -0-) 91,101
c Adjusted net income (if negative, enter -0-)... 61,475
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............. 1,468 6,606 6,606
2 Savings and temporary cash investments......... 118,758 114,014 114,014
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,475,575 Click to see attachment1,386,507 2,417,072
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,595,801 1,507,127 2,537,692
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,595,801 1,507,127
30 Total net assets or fund balances (see instructions)..... 1,595,801 1,507,127
31 Total liabilities and net assets/fund balances (see instructions). 1,595,801 1,507,127
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,595,801
2
Enter amount from Part I, line 27a .....................
2
-88,674
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,507,127
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,507,127
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 125 GRAINGER W W INC P 1997-05-09 2018-03-21
b 300 PG & E CORP P 2007-07-16 2018-06-20
c 38 PFIZER P 2009-10-15 2018-06-20
d 1876.173 VANGUARD SHORT TERM FEDERAL P 2017-10-26 2018-12-18
e 75000 ALLY BANK 1.65% P 2015-09-09 2018-09-17
100000 GE CAPITAL RETAIL BANK 1.6% P 2014-10-01 2018-07-18
100000 GOLDMAN SACHS BANK 1.8% P 2014-10-24 2018-10-29
(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 35,765   4,929 30,836
b 12,003   13,665 -1,662
c 1,381   666 715
d 19,737   20,000 -263
e 75,000   75,000  
100,000   100,000  
100,000   100,000  
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       30,836
b       -1,662
c       715
d       -263
e        
       
       
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 29,626
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 ................... 		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      
2016      
2015      
2014      
2013      
2
Total of line 1, column (d) .....................
2
 
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
 
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4,.............
8
 
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 1,822
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  
3 Add lines 1 and 2........................... 3 1,822
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 1,822
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,400
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 1,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 17
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 439
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
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
 
No
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
     
    No
    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)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARGARET A SCHNELT Telephone no.bullet (217) 942-5244

    Located atbullet133 N MAIN ST PO BOX 29CARROLLTONIL ZIP+4bullet62016
    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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    MARGAERT A SCHNELT Trustee
    2.00     		150    
    133 N MAIN ST
    CARROLLTON,IL62016
    E NEAL GILLINGHAM Trustee
    2.00     		150    
    826 SIXTH STREET
    CARROLLTON,IL62016
    STANLEY ROBERTS Trustee
    2.00     		150    
    RR 1
    CARROLLTON,IL62016
    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  
    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.............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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,472,283
    b
    Average of monthly cash balances.......................
    1b
    120,423
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,592,706
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,592,706
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,891
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,553,815
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    127,691
    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
    127,691
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,822
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,822
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    125,869
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    125,869
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    125,869
    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
    181,276
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    181,276
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    181,276
    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 7 125,869
    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......  
    c From 2015......  
    d From 2016...... 75,419
    e From 2017...... 20,082
    fTotal of lines 3a through e........ 95,501
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 181,276
    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)........     		0
    d Applied to 2018 distributable amount..... 125,869
    e Remaining amount distributed out of corpus 55,407
    5 Excess distributions carryover applied to 2018.    
    (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 5 150,908
    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 ......     		150,908
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 75,419
    d Excess from 2017.... 20,082
    e Excess from 2018.... 55,407
    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:
    JULIA PIERSON TRUST
    PO BOX 29
    CARROLLTON,IL62016
    (217) 942-5244
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SUBMIT A RESUME OF ACADEMIC QUALIFICATIONS
    cAny submission deadlines:
    MAY 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO INDIVIDUALS RESIDING IN AREA PRESENTLY KNOWN AS CARROLLTON COMMUNITY SCHOOL DISTIRCT #1
    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
    SARAH BOULCH UNIVERSITY OF IL SPFLD
    7 SIXTH STREET
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    COLE BRANNAN SIUE
    RR 2 BOX 276
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MADLYN CUSTER SIUE
    54 CHURCHMAN LN
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    TYLER BARNETT OTTAWA UNIVERSITY
    328 SYCAMORE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    LUKE GILLINGHAM ILL COLLEGE
    305 HILLTOP DRIVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CHARLENE HELTON SIUC
    570 SE 50 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    SETH HENSON LEWIS CLARK CC
    515 8TH STREET
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    MICHAEL HINDERHAN RANKEN TECH COLLE
    268 MID CITY RD
    KANE,IL62054     		NONE I EDUCATION 1,782
    BRODY HOWARD SIUE
    621 SYCAMORE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CHRISTEN POND EVANGEL UNIVERSITY
    1020 MAPLE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CHASE MCADAMS JOHN HOPKINS UNIV
    299 NE 325 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CLAIRE MEYER SIUE
    69 NW 200 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    JAYCE ARNETT RANKEN TECHNICAL COLLE
    535 W STATE RTE 108
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KYLIE MEUTH BLACKBURN COLLEGE
    95 PINE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ERICA NORD WESTERN ILLINOIS U
    311 VIRGINIA AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    NICK ROBINSON SIUE
    91 PLUM ST
    ELDRED,IL62027     		NONE I EDUCATION 809
    HALLEY SCHNETGOECKE LEWIS CLARK CC
    715 3RD ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MARIAH SHARROW BOYCE COLLEGE
    226 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    NOAH SHARROW SIUE
    226 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ELLIE STURGEON LEWIS CLARK CC
    206 NW 400 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KARA TEPEN MARYVILLE UNIVERSITY
    688 TRAVIS RD
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CARSON WOLLENWEBER BLACKBURN COLLEG
    626 FIFTH ST
    CARROLLTON,IL62016     		NONE 1 EDUCATION 1,782
    KASANDRA REITER L'ECOLE CULINAIRE
    14 SHEPHARD LANE
    KANE,IL62054     		NONE I EDUCATION 809
    ASHLEY VANDERSOND SIUE
    233 N MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 973
    HALEY HARR SIUE
    427 3RD ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MOLLY POHLMAN ILLINOIS COLLEGE
    322 HILLTOP DR
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    MORGAN FRIEDRICKSON SIUE
    564 SW 425 ST
    ELDRED,IL62027     		NONE I EDUCATION 1,782
    ALYSSA COX LEWIS CLARK CC
    420 LOCUST ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    HANNAH ROBINSON LEWIS CLARK CC
    803 MARTHA ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    GRANT MULLINK LEWIS CLARK CC
    1408 WHITE OAK DR
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    KAYLEA MOSS BLACKBURN COLLEGE
    684 WOODY RD
    ELDRED,IL62027     		NONE I EDUCATION 1,782
    CLAIRE WILLIAMS SIUE
    520 N MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    LINDSEY LAKE SIUE
    262 SW 150 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    PATRICIA COONROD SIUE
    327 S MIAN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ASHLEY FESSLER UNIV OF MISSOURI
    917 FIFTH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    LYNZEE KRAUSHAAR SIUE
    115 5TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CHRISTIIAN CURTNER BLACKBURN COLLEG
    621 MAPLE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    JESSICA LAKE SIUE
    262 SW 150 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MARCUS LIPPERT SIUE
    209 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ADAM SCHNETTGOECKE RANKEN TECHNICAL
    275 SW 150 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    COLTON MILLER SIUE
    61 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MACY POHLMAN ILL STATE UNIVERSITY
    322 HILLTOP DRIVE
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    ALEXANDER BOKER LEWIS CLARK CC
    212 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 973
    CAILEE SCHMIDT LEWIS CLARK CC
    147 NW 250TH AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CARA REYNOLDS ILLINOIS COLLEGE
    414 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ALEXANDER BOKER GREENVILLE COLLEGE
    212 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    MCKENZIE RUYLE BRADLEY UNIVERSITY
    632 SIXTH STREET
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    JONCE SCHEFFEL SIUE
    132 SEVENTH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    BRANDON SCHMIDT SIUC
    147 NW 350 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    BAILEY SCHNETTGOECKE WESTERN ILL UN
    80 NW 350 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    LOGAN KAISER SIUE
    1225 BROOKLANE DR
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CODY LEONARD QUINCY UNIVERSITY
    249 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 973
    CAMERON PENNELL
    125 6TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MADISON MOUNTAIN LINDENWOOD UNIVERS
    818 6TH ST APT 3
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    NATHAN LEONARD SIUE
    249 SE 200 AVE
    CARROLTON,IL62016     		NONE I EDUCATION 1,782
    DALTON SHARROW SIUC
    226 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    BLAKE STRUBLE SIUE
    332 NW 400 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    TORI CASELTON LEWIS CLAKR CC
    338 PINE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    NOAH ROBINSON LEWIS CLARK CC
    90 PLUM ST
    ELDRED,IL62027     		NONE I EDUCATION 2,755
    LAUREN GRAY LEWIS CLARK CC
    721 S MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MADISON STRUBLE ROSE HULMAN INST OF
    332 NW 400 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CARLEY PYATT LEWIS CLARK CC
    203 CHURCH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    OLIVA WATERS LINCOLN LAND CC
    432 4TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CALEB WATTS GREENVILLE UNIVERSITY
    220 PINE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    WADE PROUGH WESTERN ILLINOIS UNIV
    542 SW 300 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    TANNER KRUMWIEDE EASTERN ILLINOIS U
    1460 WHITE OAK DR
    CARROLTON,IL62016     		NONE I EDUCATION 1,782
    DANNY WILLIAMS UNIV OF ILL SPFLD
    520 N MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    RACHEL WILLIAMS UNIV OF MISSOURI
    520 N MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CHARLES HELTON IV LEWIS CLARK CC
    570 SE 50 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    LAUREN PENNELL SIUE
    125 SIXTH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    TRENT JILG RANKEN TECHNICAL COLLEGE
    949 5TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    CODY LEONARD ILLINOIS UNIVERSITY
    249 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    ASHLEY SCHMIDT LEWIS CLARK CC
    321 8TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KAYLA SCHMIDT UNIVERSITY OF ILLINOI
    321 8TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    EMILY MORAN BLACKBURN COLLEGE
    268 CEMETERY RD
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    DEREK MCGOWEN MACMURRAY COLLEGE
    109 N US HWY 67
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    EMMA CURTNER SIUE
    621 MAPLE ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    ASHLEY VANDERSIND UNIV OF ALABAMA
    233 N MAIN ST
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    KYLE WATERS LEWIS CLARK CC
    432 4TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KYLE KESINGER UNIV OF ILL SPFLD
    138 HAY PRESS RE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    HOPE HENSON LEWIS CLARK CC
    515 8TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KASANDRA REITER LEWIS CLARK CC
    14 SHEPHERD LANE
    KANE,IL62054     		NONE I EDUCATION 973
    MOLLY POHLMAN LEWIS CLARK CC
    322 HILLTOP DR
    CARROLLTON,IL62016     		NONE I EDUCATION 973
    LANE SCHNETTGOECKE SIUE
    880 7TH ST
    CARROLLTON,IL62901     		NONE I EDUCATION 1,782
    BRANDEN SETTLES RANKEN TECHNICAL CO
    479 WOODLAND
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    DYLAN SHADE RANKEN TECHNICAL COLLEG
    210 E CEMETERY RD
    CARROLLTON,IL62016     		NONE I EDUCAITON 1,782
    KALEB SHADE WABASH VALLEY CC
    210 E CEMETERY RD
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    JERRETT SMITH ILLINOIS UNIVERSITY
    316 NW 200 ST
    CARROLLTON,IL62016     		NONE I EDUCAITON 809
    JERRETT SMITH QUINCY UNIVERSITY
    316 NW 200 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 973
    LUCAS STEINACHER ILLINOIS STATE UNI
    294 EDGEWOOD DR
    CARROLLTON,IL62016     		NONE I EDUCATION 809
    JACOB STENDEBACK SIUE
    631 7TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    EMILY STRUBLE ROSE HULMAN INST OF T
    332 NW 400 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    JESSICA VALENTIN PENSACOLA CHRISTAN
    272 WOODY RD
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    KAITLYN VALENTIN PENSACOLA CHRISTIA
    272 WOODY RD
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    MACY WADE EVANGEL UNIVERSITY
    1103 TERESA LANE
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    HANNAH WHITE LEWIS CLARK CC
    S ELDRED HILLVIEW RD
    ELDRED,IL62027     		NONE I EDUCATION 1,782
    PAMELA CUNNINGHAM SIUE
    198 SE 200 AVE
    CARROLLTON,IL62016     		NONE I EDUCATION 678
    JASON CROCHETT WESTERN GOVERNOR'S U
    101 N US HWY 67
    CARROLLTON,IL62016     		NONE I EDUCATION 678
    MELIA SIBLEY WESTEN GOVERNOR'S UNIV
    608 6TH ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,450
    STITI BOURCHA LEWIS CLARK CC
    101 N US HWY 67
    CARROLLTON,IL62016     		NONE I EDUCATION 1,450
    EMILY SCHMIDT LEWIS CLARK CC
    196 NW 400 ST
    CARROLLTON,IL62016     		NONE I EDUCATION 1,782
    Total .................................bullet 3a 155,715
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,368  
    4 Dividends and interest from securities....     14 45,107  
    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 29,626  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSCHOLARSHIP REFUNDS     		    42 1,501  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   92,602  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    92,602
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 1,275 0 0 1,275

    TY 2018 InvestmentsOtherSchedule2
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GE CAPITAL BANK CD 1.6% AT COST    
    ALLY BANK CD 1.65% AT COST    
    GOLDMAN SACHS BANK USA CD 1.8% AT COST    
    AMERICAN EXPRESS CENTURION 1.75% AT COST 100,000 99,635
    CAPITAL ONE BANK 1.95% AT COST 100,000 99,528
    GOLDMAN SACHS BANK USA CD 2.0% AT COST 150,000 146,754
    VANGUARD INTM-TERM INV GRADE AT COST 108,920 106,084
    VANGUARD SHORT-TERM INV GRADE AT COST 144,800 142,117
    FORTUNE BRANDS HOME & SEC INC AT COST 3,166 30,392
    LOWES COS INC AT COST 7,360 36,944
    MCDONALDS CORP AT COST 19,684 35,514
    NIKE INC CL B AT COST 14,767 61,165
    PEPSICO INC COMMON AT COST 15,867 59,991
    PROCTOR & GAMBLE CO AT COST 5,694 18,384
    SYSCO CORP AT COST 9,374 75,192
    DOMINION RESOURCES INC AT COST 17,678 42,876
    CHEVRON CORPORATION AT COST 19,243 21,758
    EXXON MOBIL CORP AT COST 10,850 47,733
    BERKSHIRE HATHWAY INC CL B NEW AT COST 11,616 85,755
    JP MORGAN CHASE & CO AT COST 25,408 57,889
    US BANCORP DEL AT COST 18,174 27,420
    ABBOTT LABS AT COST 7,902 65,097
    ABBVIE INC AT COST 8,567 82,971
    LILLY ELI & CO AT COST 21,648 92,576
    MERCK & CO INC NEW AT COST 11,524 24,069
    PFIZER INC AT COST 6,235 15,539
    BOEING CO AT COST 14,924 96,750
    GRAINGER WW INC AT COST 4,929 35,295
    APPLE INC AT COST 23,070 55,209
    AUTOMATIC DATA PROCESSING INC AT COST 20,883 144,232
    INTEL CORP AT COST 25,088 56,316
    MICROSOFT CORP AT COST 15,219 60,942
    MICROCHIP TECHNOLOGY INC AT COST 18,594 35,960
    DU PONT E I DE NEMOURS & CO AT COST 13,673 21,018
    AT & T INC AT COST 10,647 20,121
    VERIZON COMMUNICATIONS AT COST 16,003 33,732
    PG & E CORP AT COST    
    CAPITAL ONE BANK 1.9% AT COST 100,000 98,663
    GOLDMAN SACHS BANK USA CD 2.15% AT COST 90,000 88,455
    VANGUARD SHORT-TERM FEDERAL ADM AT COST    
    MERCANTILE BANK OF MICHIGAN 2.55% AT COST 100,000 99,905
    CITIZENS BANK NA 2.10% AT COST 75,000 74,950
    VANGUARD SCOTTSDALE INTM TERM AT COST 20,000 20,141

    TY 2018 OtherExpensesSchedule
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AG-990 FEES 15     15
    BANK FEES 67     67
    PO BOX FEE 90     90
    POSTAGE 70     70
    SUPPLIES 47     47


    TY 2018 OtherIncomeSchedule2
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SCHOLARSHIP REFUNDS 1,501    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING 750 0 0 750
    INVESTMENT ADVISORY FEES 21,371 0 0 21,371


    TY 2018 TaxesSchedule
    Name:
    JULIA PIERSON TRUST
    EIN:
    37-6321165
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF ESTIMATES 1,255     1,255