Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
CARLSON FAMILY FOUNDATION INC
C/O JOHN A NORTON
Number and street (or P.O. box number if mail is not delivered to street address)1610 SKYE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHAPEL HILL, NC27516
A Employer identification number

31-1678303
B Telephone number (see instructions)

(919) 604-0842
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$22,455,884J 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) 5,157
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 306,123 306,123  
5a Gross rents............ 134,000 134,000  
b Net rental income or (loss) -222,828
6a Net gain or (loss) from sale of assets not on line 10 1,002,547
b Gross sales price for all assets on line 6a 2,972,786
7 Capital gain net income (from Part IV, line 2)... 1,002,547
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........ 1,447,827 1,442,670  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 151,000 15,100   135,900
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 9,707 9,707   0
b Accounting fees (attach schedule)....... Click to see attachment 6,110 3,055   3,055
c Other professional fees (attach schedule).... Click to see attachment 4,665 4,665   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 264,786 254,310   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 32,366 32,366  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 24,628 7,388   17,240
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 69,906 68,487   1,419
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 563,168 395,078   157,614
25 Contributions, gifts, grants paid....... 1,205,545 1,205,545
26 Total expenses and disbursements. Add lines 24 and 25 1,768,713 395,078   1,363,159
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -320,886
b Net investment income (if negative, enter -0-) 1,047,592
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 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............. 259,032 119,800 119,802
2 Savings and temporary cash investments......... 661,290 195,179 195,179
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.......... 6,142 15,751 15,751
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,616,127 Click to see attachment9,290,909 13,825,152
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet7,713,301
Less: accumulated depreciation (attach schedule) bullet39,109 7,005,536 Click to see attachment7,674,192 8,300,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,789
Less: accumulated depreciation (attach schedule) bullet1,789      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,548,127 17,295,831 22,455,884
Liabilities 17 Accounts payable and accrued expenses.......... 36,000 104,590
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)......... 36,000 104,590
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........ 17,512,127 17,191,241
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 17,512,127 17,191,241
31 Total liabilities and net assets/fund balances (see instructions). 17,548,127 17,295,831
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
17,512,127
2
Enter amount from Part I, line 27a .....................
2
-320,886
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,191,241
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
17,191,241
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 ISHARES TRUST 5500 SHS P 2013-01-07 2018-01-16
b PIMCO INCOME FUND 16000 SHS P 2014-01-16 2018-01-16
c PIMCO 0-5 YR BOND FUND 2850 SHS P 2014-01-16 2018-01-16
d PIMCO 0-5 YR BOND FUND 1027 SHS P 2014-01-16 2018-11-26
e POWERSHARES QQQ TRUST 9800 SHS P 2013-01-07 2018-01-16
ISHARES CORE U S AGGREGATE 2800 SHS P   2018-01-16
ISHARES CORE U S AGGREGATE 956 SHS P   2018-11-26
SPDR S&P 500 ETF 600 SHS P   2018-12-31
(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 209,703   219,728 -10,025
b 198,240   196,660 1,580
c 287,665   304,270 -16,605
d 100,107   109,644 -9,537
e 1,622,638   650,426 972,212
304,822   294,674 10,148
100,034   100,821 -787
149,577   94,016 55,561
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       -10,025
b       1,580
c       -16,605
d       -9,537
e       972,212
      10,148
      -787
      55,561
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 1,002,547
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 1,192,173 25,222,301 0.047267
2016 1,144,454 24,472,561 0.046765
2015 1,099,180 22,410,274 0.049048
2014 908,173 22,016,231 0.041250
2013 910,431 20,231,872 0.045000
2
Total of line 1, column (d) .....................
2
0.229330
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.045866
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,351,314
5
Multiply line 4 by line 3......................
5
1,116,897
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,476
7
Add lines 5 and 6........................
7
1,127,373
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,363,159
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 10,476
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,476
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,476
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,280
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,196
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,476
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 ofbulletJOHN A NORTON Telephone no.bullet (919) 604-0842

    Located atbullet1610 SKYE DRIVECHAPEL HILLNC ZIP+4bullet27516
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JOHN A NORTON PRESIDENT
    5.00     		22,000 0 0
    1610 SKYE DRIVE
    CHAPEL HILL,NC27516
    MICHAEL A NORTON VICE PRESIDENT/TREASURER
    5.00     		22,000 0 0
    1128 CAMERON WOODS DR
    APEX,NC27523
    MARY N OWEN DIRECTOR
    1.00     		22,000 0 0
    206 BROOKGREEN DR
    CHAPEL HILL,NC27516
    PAUL S NORTON SECRETARY
    2.00     		22,000 0 0
    63 TYNER LOOP CIRCLE
    CHAPEL HILL,NC27516
    JAMES M NORTON DIRECTOR
    1.00     		22,000 0 0
    17830 CANAL ROAD BOX 422
    SHARPSBURG,MD21782
    LENORE TRILBY NORTON DIRECTOR
    1.00     		22,000 0 0
    28200 S L DEL EL ESCORIAL APT 130
    MADRID    
    SP
    ELAINE BOYLEN DIRECTOR
    1.00     		11,000 0 0
    2319 CHESTNUT ST
    NEW ORLEANS,LA79130
    CHRISTINA N WINCEK DIRECTOR
    1.00     		1,000 0 0
    679 OAK AVE
    BIRMINGHAM,MI48009
    KYLE P NORTON DIRECTOR
    1.00     		1,000 0 0
    1809 HUNTINGTON TURNPIKE
    TRUMBULL,CT06611
    JOSEPH F NORTON DIRECTOR
    1.00     		1,000 0 0
    3525 DAVENPORT ST NW APT 308
    WASHINGTON,DC20008
    ANN E JACOBS DIRECTOR
    1.00     		1,000 0 0
    401 MEMPHIS ST
    PHILADELPHIA,PA19125
    LAUREN C NORTON DIRECTOR
    1.00     		1,000 0 0
    246 WILLING LAKES COURT
    ORANGEBURG,SC29118
    KAITLYN NORTON DIRECTOR
    1.00     		1,000 0 0
    17 COLLEGE ROAD
    ANNAPOLIS,MD21043
    MALCOLM A NORTON DIRECTOR
    1.00     		1,000 0 0
    75 CEDAR RUN
    PITTSBORO,NC27312
    TRILBY F NORTON DIRECTOR
    1.00     		1,000 0 0
    7805 OTURA WAY
    RALEIGH,NC27612
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    15,214,234
    b
    Average of monthly cash balances.......................
    1b
    1,207,912
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,300,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,722,146
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    24,722,146
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    370,832
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,351,314
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,217,566
    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
    1,217,566
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,476
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,476
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,207,090
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,207,090
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,207,090
    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
    1,363,159
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    1,363,159
    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
    10,476
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,352,683
    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 1,207,090
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,200,256
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,363,159
    a Applied to 2017, but not more than line 2a 1,200,256
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 162,903
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		1,044,187
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACHIEVEMENT ACADEMY OF DURHAM
    2614 CREST ST
    DURHAM,NC27705     		NONE PC MAJOR GRANT 15,000
    ACKLAND ART MUSEUM AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
    101 S COLUMBIA STREET
    CHAPEL HILL,NC27514     		NONE PC MATCHING GRANT 55
    ACOPA LOPEZ DE HOYOS
    109-3RD
    MADRID    
    SP     		NONE PC DISCRETIONARY GRANT 3,500
    ADULT CONGENITIAL HEART ASSOCIATION
    280 NORTH PROVDENCE ROAD SUITE 6
    MEDIA,PA19063     		NONE PC MATCHING GRANT 50
    AMERICAN CANCER SOCIETY
    P O BOX 22478
    OKLAHOMA CITY,OK73123     		NONE PC MATCHING GRANT 50
    AMERICAN RED CROSS
    P O BOX 37839
    BOONE,IA50037     		NONE PC DISCRETIONARY GRANT 2,500
    AMERICARES FOUNDATION
    88 HAMILTON AVE
    STAMFORD,CT06902     		NONE PC MATCHING GRANT 50
    AMREF HEALTH AFRICA
    75 BROAD ST STE 703
    NEW YORK,NY10004     		NONE PC MAJOR GRANT 10,000
    APEX COMMUNITY ADVANCEMENT INC
    2019 SIMON BOLIVAR AVE
    NEW ORLEANS,LA70113     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT, MATCHING GRANT 19,500
    APPALACHIA SERVICE PROJECT
    4523 BRISTOL HIGHWAY
    JOHNSON CITY,TN37601     		NONE PC DISCRETIONARY GRANT 2,500
    ARBOR DAY FOUNDATION
    100 ARBOR AVE
    NEBRASKA CITY,NE68410     		NONE PC DISCRETIONARY GRANT 2,000
    ART THERAPY INSTITUTE
    200 N GREENSBORO RD
    CARRBORO,NC27510     		NONE PC DISCRETIONARY GRANT 2,250
    ASOCIACION ANIDAN AYUDA NINOS DE AFRICA
    C/ JULIAN HERNANDEZ 9 2 4
    MADRID   28043
    SP     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT 42,000
    ASSOCIACION CYD SANTA MARIA
    SANTA LUCIA 1 - 1O - 3
    MALAGA   29004
    SP     		NONE PC DISCRETIONARY GRANT 3,000
    BAYSAIL
    107 5TH STREET UPPER FLOOR
    BAY CITY,MI48708     		NONE PC DISCRETIONARY GRANT 1,000
    BIG BROTHERS BIG SISTERS OF TRIANGLE
    808 AVIATION PKWY SUITE 900
    MORRISVILLE,NC27560     		NONE PC MAJOR GRANT 25,000
    BOYS & GIRLS CLUB OF GREATER DURHAM
    P O BOX 446
    DURHAM,NC27702     		NONE PC MAJOR GRANT 15,000
    BOYS & GIRLS CLUB OF THE MIDLANDS
    500 GRACERN ROAD
    COLUMBIA,SC29210     		NONE PC DISCRETIONARY GRANT 1,000
    BROOKE'S HOUSE INC
    480 N POTOMAC ST
    HAGERSTOWN,MD21740     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT, MATCHING GRANT 89,500
    BROTHER'S BROTHER FOUNDATION
    1200 GALVESTON AVENUE
    PITTSBURGH,PA15233     		NONE PC MAJOR GRANT 10,000
    BUILDING ONE COMMUNITY
    75 SELLECK ST
    STAMFORD,CT06902     		NONE PC MAJOR GRANT 30,000
    C & O CANAL TRUST INC
    1850 DUAL HIGHWAY STE 100
    HAGERSTOWN,MD21740     		NONE PC MAJOR GRANT 5,000
    CAROLINA PERFORMING ARTS
    134 EAST FRANKLIN STREET
    CHAPEL HILL,NC275993233     		NONE PC DISCRETIONARY GRANT 2,000
    CAROLINA TIGER RESCUE
    1940 HANK CHAPEL RD
    PITTSBORO,NC27312     		NONE PC DISCRETIONARY GRANT 500
    CATHOLIC CHARITIES
    7200 STONEHENGE DR DEV OFFICE
    RALEIGH,NC27613     		NONE PC DISCRETIONARY GRANT 2,000
    CATHOLIC CHARITIES OF SOUTH CAROLINA
    901 ORANGE CROVE ROAD
    CHARLESTON,SC29407     		NONE PC MAJOR GRANT 5,000
    CENTER FOR CHILD AND FAMILY HEALTH
    1121 W CHAPEL HILL ST SUITE 100
    DURHAM,NC27701     		NONE PC MAJOR GRANT 15,000
    CHAPEL HILL CARRBORO MEALS ON WHEELS
    P O BOX 2102
    CHAPEL HILL,NC27514     		NONE PC DISCRETIONARY GRANT 1,500
    CHAPEL HILL CARRBORO YMCA
    980 MARTIN LUTHER KING JR BLVD
    CHAPEL HILL,NC27514     		NONE PC DISCRETIONARY GRANT 2,000
    CHATHAM OUTREACH ALLIANCE
    P O BOX 1326
    PITTSBORO,NC27312     		NONE PC MAJOR GRANT 25,000
    CHESAPEAKE REGION ACCESSABLE BOATING
    177 DEFENSE HIGHTWAY STE 9
    ANNAPOLIS,MD21401     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 2,750
    CHILDREN'S HOME SOCIETY OF NC
    P O BOX 14608
    GREENSBORO,NC27415     		NONE PC MAJOR GRANT 25,000
    CHILDREN'S TUMOR FOUNDATION
    120 WALL STREET 16TH FLOOR
    NEW YORK,NY100053904     		NONE PC DISCRETIONARY GRANT 500
    COALITION ON TEMPORARY SHELTER
    26 PETERSBORO
    DETROIT,MI48201     		NONE PC MAJOR GRANT 10,000
    COMMUNITY BOATING
    21 DAVID G MUGER WAY
    BOSTON,MA02114     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 2,750
    CONNECTICUT FUND FOR ENVIRONMENT
    142 TEMPLE STREET
    NEW HAVEN,CT06510     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 4,000
    CRESTED BUTTE LAND TRUST
    P O BOX 2224
    CRESTED BUITTE,CO81224     		NONE PC DISCRETIONARY GRANT 1,000
    CTC TEN FOUNDATION
    P O BOX 933
    ARDMORE,PA190030933     		NONE PC MAJOR GRANT 10,000
    DETROIT FOOD ACADEMY
    4444 SECOND AVE
    DETROIT,MI48201     		NONE PC DISCRETIONARY GRANT 3,000
    EL CENTRO HISPANO INC
    2000 CHAPEL HILL RD SUITE 26A
    DURHAM,NC277071197     		NONE PC MAJOR GRANT 15,000
    EQUALITY NOW INC
    125 MAIDEN LN 9TH FLR SUITE B
    NEW YORK,NY10038     		NONE PC MAJOR GRANT 15,000
    EVIDENCE ACTION INC
    1101 K STREET NW SUITE 900
    WASHINGTON,DC20005     		NONE PC MAJOR GRANT 20,000
    FEEDING AMERICA
    35 EAST WACKER DRIVE SUITE 2000
    CHICAGO,IL60601     		NONE PC MATCHING GRANT 50
    FIELDS TO FAMILIES
    901 FOILAGE LANE
    CHARLESTON,SC294129348     		NONE PC MAJOR GRANT 5,000
    FOOD BANK OF CENTRAL & EAST NC
    3808 TARHEEL DR
    RALEIGH,NC27609     		NONE PC MAJOR GRANT 20,000
    FOOD FOR THE POOR
    6401 LYONS ROAD
    COCONUT CREEK,FL33073     		NONE PC DISCRETIONARY GRANT 1,000
    FOOD RESCUE US
    27 ANN ST GROUND FLOOR
    NORWALK,CT06854     		NONE PC MAJOR GRANT 5,000
    FOUNDATION FIGHTING BLINDNESS INC
    7168 COLUMBIA GATEWAY DR SUITE 100
    COLUMBIA,MD21046     		NONE PC DISCRETIONARY GRANT 3,000
    FOXFIRE MUSEUM AND HERITAGE CENTER AT CHATTOHOOCHEE NATIONAL FOREST
    98 FOXFIRE LANE
    MOUNTAIN CITY,GA30562     		NONE PC DISCRETIONARY GRANT 1,000
    FRED HUTCHINSON CANCER RESEARCH CENTER
    1100 FAIRVIEW AVE N J5-200
    SEATTLE,WA98109     		NONE PC MAJOR GRANT 20,000
    FREEDOM HOUSE RECOVERY CENTER
    104 NEW STATESIDE DRIVE
    CHAPEL HILL,NC27516     		NONE PC DISCRETIONARY GRANT 2,000
    FRIENDS OF THE CHATHAM COMMUNITY LIBRARY
    P O BOX 1108
    PITTSBORO,NC27312     		NONE PC MAJOR GRANT 30,000
    FRIENDS OF THE PENNTREATY SCHOOL
    2507 S CLEVELAND ST
    PHILADELPHIA,PA19145     		NONE PC DISCRETIONARY GRANT 4,500
    FUNDACION ANADE
    CLARA CAMPOAMOR 20 COLLADO VILLALBA
    MADRID   28400
    SP     		NONE PC DISCRETIONARY GRANT 3,000
    FUNDACION VIC
    AVENIDA DEL VALLE 4
    MADRID   28003
    SP     		NONE PC DISCRETIONARY GRANT 3,500
    GATEWAY ARTS CENTER
    213 E WINDSOR ST
    WESTMINSTER,SC29693     		NONE PC DISCRETIONARY GRANT 1,000
    GIRL SCOUTS OF NC COASTAL PINES
    6901 PINECREST RD
    RALEIGH,NC21224     		NONE PC DISCRETIONARY GRANT 2,000
    GUIDING EYES FOR THE BLIND
    611 GRANITE SPRINGS RD
    YORKTOWN HEIGHTS,NY10598     		NONE PC MATCHING GRANT 30
    HABITAT FOR HUMANITY ORANGE COUNTY
    88 VILCOM CENTER DR STE L110
    CHAPEL HILL,NC27514     		NONE PC DISCRETIONARY GRANT 2,000
    HAVEN HOUSE SERVICES
    600 W CABARRUS STREET
    RALEIGH,NC27603     		NONE PC MAJOR GRANT 10,000
    HEARTWORKS CHILDREN'S MEDICAL HOME MISSION
    709 MAIN STREET
    BAYBORO,NC28515     		NONE PC DISCRETIONARY GRANT 1,000
    HERMANAS PASIONISTAS
    P O BBELISANA 26
    MADRID    
    SP     		NONE PC DISCRETIONARY GRANT 3,500
    HISTORICAL SOCIETY OF FREDERICK COUNTY
    24 E CHURCH ST
    FREDERICK,MD21701     		NONE PC MAJOR GRANT 15,000
    HUMAN RIGHTS CAMPAIGN FOUNDATION
    1640 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		NONE PC MAJOR GRANT 5,000
    HUMBLE DESIGN INC
    180 N SEGINAW
    PONTIAC,MI48342     		NONE PC MAJOR GRANT 10,000
    INSPIRICA INC
    141 FRANKLIN ST
    STAMFORD,CT06901     		NONE PC MAJOR GRANT 20,000
    INTER-FAITH COUNCIL FOR SOCIAL SERVICE
    110 WEST MAIN ST
    CARRBORO,NC27510     		NONE PC MAJOR GRANT 15,000
    IYRS SCHOOL OF TECHNOLGY & TRADES
    449 THAMES STREET
    NEWPORT,RI02840     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 2,750
    JEWISH FAMILY SERVICES OF STAMFORD
    733 SUMMER ST
    STAMFORD,CT06901     		NONE PC DISCRETIONARY GRANT 1,000
    JUBILEE JOBS INC
    2712 ONTARIO ROAD NW
    WASHINGTON,DC20009     		NONE PC DISCRETIONARY GRANT 4,500
    JULIAN BOLVIN COURAGE CURES FOUNDATION
    P O BOX 964
    BIRMINGHAM,MI48012     		NONE PC MATCHING GRANT 50
    LEAGUE TO SAVE LAKE TAHOE
    2608 LAKE TAHOE BLVD
    SOUTH LAKE TAHOE,CA96150     		NONE PC MAJOR GRANT 10,000
    LEUKEMIA & LYMPHOMA SOCIETY NORTHERN NJ
    14 COMMERCE DR SUITE 301
    CRANFORD,NJ07016     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT, MATCHING GRANT 28,025
    LGBTQ CENTER OF RALEIGH
    324 S HARRINGTON ST
    RALEIGH,NC27603     		NONE PC MAJOR GRANT 5,000
    LIFE SKILLS FOUNDATION
    P O BOX 51129
    DURHAM,NC27717     		NONE PC DISCRETIONARY GRANT 1,000
    LUNGEVITY FOUNDATION
    228 S WABASH AVE SUITE 700
    CHICAGO,IL60604     		NONE PC MATCHING GRANT 65
    MAG AMERICA INC
    1776 K STREET NW SUITE 700
    WASHINGTON,DC20006     		NONE PC MAJOR GRANT 20,000
    MASON DIXON BSA COUNCIL
    18600 CRESTWOOD DR
    HAGERSTOWN,MD21742     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT 25,500
    MEDICOS SIN FRONTERAS ESPANA
    MELENDEZ VALDES 72-1A
    MADRID   28015
    SP     		NONE PC MAJOR GRANT 35,000
    MIRACLEFEET
    605 W MAIN ST
    CARRBORO,NC27510     		NONE PC MAJOR GRANT 10,000
    MOVEMENT INC
    383 MAIN AVE 5TH FLOOR
    NORWALK,CT06851     		NONE PC MATCHING GRANT 182
    MUSIC MAKER RELIEF FOUNDATION
    224 WEST CORBIN ST
    HILLSBOROUGH,NC27278     		NONE PC MAJOR GRANT, MATCHING GRANT 8,603
    NC ARTS INCUBATOR
    223 N CHATHAM AVE
    SILER CITY,NC27344     		NONE PC DISCRETIONARY GRANT 500
    NETWORK FOR GOOD
    1140 CONNECTICUT AVE NW SUITE 700
    WASHINGTON,DC20036     		NONE PC MATCHING GRANT 1,050
    NEW ENGLAND SCIENCE AND SAILING
    72 WATER STREET
    STONINGTON,CT06378     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 2,750
    NEW HAVEN READS COMMUNITY BOOK BANK
    45 BRISTOL STREET
    NEW HAVEN,CT06511     		NONE PC MAJOR GRANT 15,000
    NEW YORK UNIVERSITY
    25 WEST 4TH ST 4TH FLR
    NEW YORK,NY10012     		NONE PC DISCRETIONARY GRANT 1,000
    NEW YORK YACHT CLUB FOUNDATION
    37 WEST 44TH ST
    NEW YORK,NY10036     		NONE PC DISCRETIONARY GRANT 1,000
    NICHOLS IMPROVEMENT ASSOC INC
    1773 HUNTINGTON TPKE
    TRUMBULL,CT06611     		NONE PC DISCRETIONARY GRANT 2,500
    NORTH CAROLINA BEACH BUGGY ASSOC
    P O BOX 189
    NAGS HEAD,NC27959     		NONE PC DISCRETIONARY GRANT 1,000
    NORTH CAROLINA COASTAL FEDERATION
    3609 HIGHWAY 24 OCEAN
    NEWPORT,NC28570     		NONE PC MAJOR GRANTS 10,000
    ORANGE COUNTY RAPE CRISIS CENTER
    1506 EAST FRANKLIN ST STE 302
    CHAPEL HILL,NC27514     		NONE PC MAJOR GRANT 5,000
    ORPHANAID AFRICA
    4470 W SUNSET BLVD 97480
    LOS ANGELES,CA90027     		NONE PC MAJOR GRANT 10,000
    PALMETTO HEALTH FOUNDATION CHILDREN'S HOSPITAL
    1600 MARION ST
    COLUMBIA,SC292012913     		NONE PC DISCRETIONARY GRANT 1,000
    PALMETTO PLACE CHILDREN'S EMERGENCY SHELTER
    5507 COLONIAL DR
    COLUMBIA,SC29203     		NONE PC MAJOR GRANT 5,000
    PARALYZED VETERANS OF AMERICA
    4603 MYRTLE AVENUE
    VIRGINIA BEACH,VA23451     		NONE PC MAJOR GRANT 5,000
    PEDIATRIC BRAIN TUMOR FOUNDATION
    302 RIDGEFIELD COURT
    ASHEVILLE,NC28806     		NONE PC MATCHING GRANT 25
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    123 WILLIAM STREET
    NEW YORK,NY10038     		NONE PC DISCRETIONARY GRANT 2,000
    PLANNED PARENTHOOD OF SOUTHERN NEW ENGLAND
    345 WHITNEY AVE
    NEW HAVEN,CT06511     		NONE PC MATCHING GRANT 300
    POTOMAC CONSERVANCY
    8601 GEORGIA AVE SUITE 612
    SILVER SPRING,MD20910     		NONE PC MAJOR GRANT 20,000
    PUPPIES BEHIND BARS INC
    263 W 38TH STREET 4TH FLOOR
    NEW YORK,NY10018     		NONE PC MAJOR GRANT 5,000
    ROCHESTER INSTITUTE OF TECHNOLOGY
    116 LOMB MEMORIAL DR
    ROCHESTER,NY146235608     		NONE PC DISCRETIONARY GRANT 1,000
    ROCKING THE BOAT
    ONE GUSTAVE L LEVY PL BOX 1049
    NEW YORK,NY100296574     		NONE PC MAJOR GRANT, DISCRETIONARY GRANT, MATCHING GRANT 6,250
    RONALD MCDONALD HOUSE
    101 OLD MASON FARM RD
    CHAPEL HILL,NC27517     		NONE PC DISCRETIONARY GRANT 2,000
    RONALD MCDONALD HOUSE CHARITIES-CHARLESTON
    81 GALSDEN ST
    CHARLESTON,SC29401     		NONE P DISCRETIONARY GRANT 750
    RONALD MCDONALD HOUSE CHARITIES-COLUMBIA
    2901 COLUMBIA DRIVE
    COLUMBIA,SC29203     		NONE PC DISCRETIONARY GRANT 750
    SAIL BALTIMORE
    3720 DILLON STREET
    BALTIMORE,MD21224     		NONE PC DISCRETIONARY GRANT 1,500
    SAIL TO PREVAIL
    86 THAMES ST
    NEWPORT,RI02840     		NONE PC MAJOR GRANT 7,500
    SALVATION ARMY COATS FOR THE CHILDREN
    P O BOX 12000
    RALEIGH,NC27605     		NONE PC DISCRETIONARY GRANT 1,000
    SALVATION ARMY DURHAM CHAPTER
    P O BOX 1330
    DURHAM,NC277021330     		NONE PC DISCRETIONARY GRANT 2,000
    SAMARPAN
    13645 CATAWBA DR
    POWAY,CA92064     		NONE PC DISCRETIONARY GRANT 1,000
    SCHOLARSHIP FUND FOR INNER CITY CHILDREN
    171 CLIFTON AVEUNUE
    NEWARK,NJ071049500     		NONE PC MAJOR GRANT 15,000
    SECU FAMILY HOUSE
    123 OLD MASON FARM ROAD
    CHAPEL HILL,NC27517     		NONE PC MAJOR GRANT 35,000
    SHEPHERD UNIVERSITY FOUNDATION INC
    P O BOX 5000
    SHEPHERDSTOWN,WV254435000     		NONE PC MAJOR GRANT 10,000
    SIERRA NEVADA JOURNEYS
    190 E LIBERTY ST
    RENO,NV89501     		NONE PC MAJOR GRANT 10,000
    SILVER HILL HOSPITAL
    208 VALLEY RD
    NEW CANAN,CT068403899     		NONE PC DISCRETIONARY GRANT 2,500
    SOCIETY OF ST ANDREW
    3383 SWEET HOLLOW ROAD
    BIG ISLAND,VA24526     		NONE PC DISCRETIONARY GRANT 2,000
    SOUND WATERS
    1281 COVE ROAD
    STAMFORD,CT06902     		NONE PC MAJOR GRANT, MATCHING GRANT 45,250
    SOUTH CAROLINA STATE UNIVERSITY FOUNDATION
    P O BIX 7187
    ORANGEBURG,SC29117     		NONE PC DISCRETIONARY GRANT 1,000
    HELEN HALEY FUND OF SOUTH ATLANTIC YACHT RACING ASSOC
    P O BOX 12840
    CHARLESTON,SC29422     		NONE PC MATCHING GRANT 155
    SPECIAL OLYMPICS ORANGE COUNTY
    200 PLANT RD
    CHAPEL HILL,NC27514     		NONE PC DISCRETIONARY GRANT 1,000
    ST FRANCIS - ST MARY CATHLOIC
    P O BOX 9
    BRUNSWICK,MD21716     		NONE PC MATCHING GRANT 1,000
    SWIM ACROSS AMERICA
    11600 N COMMUNITY HOUSE ROAD SUITE
    100
    CHARLOTTE,NC28277     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 600
    TABLE
    205 W WEAVER ST
    CARRBORO,NC27510     		NONE PC MAJOR GRANT 7,500
    TAMMY LYNN MEMORIAL FOUNDATION INC
    739 CHAPPELL DR
    RALEIGH,NC27606     		NONE PC DISCRETIONARY GRANT 1,000
    THE ABILITY EXPERIENCE
    2015 AYRSLEY TOWN BLVD
    CHARLOTTE,NC28273     		NONE PC DISCRETIONARY GRANT, MATCHING GRANT 1,200
    THE ARC OF THE TRIANGLE
    1709 LEGION RD SUITE 100
    CHAPEL HILL,NC27517     		NONE PC DISCRETIONARY GRANT 1,500
    THE BIRTHDAY PARTY PROJECT
    2143 FARRINGTON ST
    DALLAS,TX75207     		NONE PC MATCHING GRANT 105
    THE FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA
    30 S 17TH STREET
    PHILADELPHIA,PA19103     		NONE PC MAJOR GRANT 10,000
    THE GREEN CHAIR PROJECT INC
    1853 CAPITAL BLVD
    RALEIGH,NC27601     		NONE PC MAJOR GRANT 5,000
    THE INTERNATIONAL RESCUE COMMITTEE
    122 E 42ND ST
    NEW YORK,NY10168     		NONE PC MAJOR GRANT 15,000
    THE LIGHT HOUSE INC
    10 HUDSON STREET
    ANNAPOLIS,MD21401     		NONE PC MAJOR GRANT 5,000
    THE LINCOLN MOTOR CAR FOUNDATION
    6865 HICKORY ROAD
    HICKORY CORNERS,MI49060     		NONE PC DISCRETIONARY GRANT 2,000
    THE LIVESTOCK CONSERVANCY
    P O BOX 477
    PITTSBORO,NC27312     		NONE PC DISCRETIONARY GRANT 1,000
    THE MEDICAL FOUNDATION OF NC
    123 W FRANKLIN ST STE 510 CB7565
    CHAPEL HILL,NC27516     		NONE PC DISCRETIONARY GRANT 3,000
    THE NATURE CONSERVANCY
    334 BLACKWELL ST STE 300
    DURHAM,NC27713     		NONE PC DISCRETIONARY GRANT 4,500
    THE ROGERS-EUBANKS NEIGHBORHOOD ASSOC
    P O BOX 16903
    CHAPEL HILL,NC27516     		NONE PC DISCRETIONARY GRANT 1,000
    THE SALVATION ARMY OF WAKE COUNTY
    P O BOX 27584
    RALEIGH,NC27611     		NONE PC DISCRETIONARY GRANTS 2,000
    THE SUNSHINE KIDS FOUNDATION
    75 CHARTER OAKS AVE SUITE 2-10
    HARTFORD,CT06106     		NONE PC MATCHING GRANTS 250
    THE WATERSIDE SCHOOL
    770 PACIFIC ST
    STAMFORD,CT06902     		NONE PC MAJOR GRANT 30,000
    THE WOMEN'S CENTER
    P O BOX 1057
    CHAPEL HILL,NC27514     		NONE PC MAJOR GRANT, MATCHING GRANT 10,120
    TOUCH FOUNDATION INC
    P O BOX 1420
    NEW YORK,NY10150     		NONE PC MAJOR GRANT 10,000
    TRAMPLED ROSE INC
    P O BOX 50403
    COLORADO SPRINGS,CO80949     		NONE PC MAJOR GRANT 15,000
    TRIANGLE ARTWORKS INC
    3119 BIRNAMWOOD ROAD
    RALEIGH,NC27607     		NONE PC DISCRETIONARY GRANT 2,250
    U S M M A SAILING FOUNDATION INC
    300 STEAMBOAT ROAD
    KINGS POINT,NY11024     		NONE PC MAJOR GRANT 7,500
    UNC CHILDREN'S CO THE MEDICAL FOUNDATION OF NC INC
    88 VILCOM CENTER DR
    CHAPEL HILL,NC27514     		NONE PC MAJOR GRANT 28,500
    UNC LINEBERGER COMPREHENSIVE CANCER CNTR
    SCHOOL OF MEDICINE CB 7295
    CHAPEL HILL,NC275997295     		NONE PC MAJOR GRANT 10,000
    UNC-TV
    10 T W ALEXANDER DR
    RESEARCH TRIANGLE PARK,NC277094900     		NONE PC DISCRETIONARY GRANT 1,000
    UNIVERSITY OF RHODE ISLAND
    79 UPPER COLLEGE RAOD
    KINGSTON,RI02881     		NONE PC DISCRETIONARY GRANT 1,500
    VICENTE FERRER FOUNDATION
    1875 CONNECTICUT AVE NW 10TH FLOOR
    WASHINGTON,DC20009     		NONE PC MAJOR GRANT 10,000
    WIKIMEDIA FOUNDATION INC
    P O BOX 98204
    WASHINGTON,DC200908204     		NONE PC MATCHING GRANTS 30
    WOMEN'S LINK WORLDWIDE
    195 PLYMOUTH ST SUITE 416
    BROOKLYN,NY11201     		NONE PC DISCRETIONARY GRANT 3,500
    WUNC RADIO
    120 FRIDAY CENTER
    CHAPEL HILL,NC27517     		NONE PC DISCRETIONARY GRANT 500
    YMCA OF COLUMBIA SC ORANGEBURG BRANCH
    1612 MARION ST STE 100
    COLUMBIA,SC29201     		NONE PC MAJOR GRANT 5,000
    Total .................................bullet 3a 1,205,545
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 306,123  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -222,828  
    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 1,002,547  
    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).. 0 1,085,842 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,085,842
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    CARLSON FAMILY FOUNDATION INC
    C/O JOHN A NORTON
    Employer identification number

    31-1678303
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    CARLSON FAMILY FOUNDATION INC
    C/O JOHN A NORTON         		Employer identification number
    31-1678303
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JAMES M NORTON  
    17830 CANAL ROAD BOX 422
     
    SHARPSBURG, MD21782

    		$ 5,157


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    CARLSON FAMILY FOUNDATION INC
    C/O JOHN A NORTON         		Employer identification number

    31-1678303
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    CARLSON FAMILY FOUNDATION INC
    C/O JOHN A NORTON         		Employer identification number

    31-1678303
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LOWREY POWELL STEVENS & MANGUM PC 6,110 3,055   3,055

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

    TY 2018 DepreciationSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    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 Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2010-07-01 1,789 1,789 200DB 5.000000000000 0 0    
    393 ROUTE 17 2010-07-01 3,350,000   L   0 0    
    385 ROUTE 17 2010-07-01 2,400,000   L   0 0    
    BUILDING 385 ROUTE 17 2017-10-01 1,262,279 6,743 SL 39.000000000000 32,366 0    
    RENOVATIONS IN PROGRESS 2018-12-31 701,022   L   0 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES CORE US AGGREGATE 1943 SHS 204,272 206,910
    ISHARES MSCI ACWI EX 9492 SHS 380,086 398,284
    ISHARES U S PREFERED STOCK 6009 SHS 238,111 205,688
    PIMCO 0-5 YEAR HIGH YIELD 1823 SHS 194,626 173,404
    INVESCO QQQ TRUST 9820 SHS 651,749 1,514,833
    VANGUARD INTL EQUITY 3874 SHS 212,458 188,354
    FRANKLIN INTL SMALL CAP 60846.808 UNITS 1,023,198 939,475
    PIMCO INCOME FUND 17413.443 UNITS 215,335 205,653
    SPDR S&P 500 ETF 39383 SHS 6,171,074 9,992,551

    TY 2018 InvestmentsLandSchedule2
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    393 ROUTE 17 3,350,000 0 3,350,000  
    385 ROUTE 17 2,400,000 0 2,400,000  
    BUILDING 385 ROUTE 17 1,262,279 39,109 1,223,170  
    RENOVATIONS IN PROGRESS 701,022 0 701,022  

    TY 2018 LegalFeesSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DEXTER & KILCOYNE 5,029 5,029   0
    WELLS JAWORSKI 4,678 4,678   0


    TY 2018 OtherExpensesSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES & POSTAGE 593 0   593
    DUES 750 0   750
    BANK FEES 76 0   76
    SNOW PLOWING 4,897 4,897   0
    UTILITES 25,441 25,441   0
    INSURANCE 35,487 35,487   0
    FIRE ALARM 1,728 1,728   0
    MARKETING 934 934   0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DELCALZO REALTY SERVICES 3,000 3,000   0
    COMMISSION 1,665 1,665   0


    TY 2018 TaxesSchedule
    Name:
    CARLSON FAMILY FOUNDATION INC
     
    C/O JOHN A NORTON
    EIN:
    31-1678303
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE 10,476 0   0
    PROPERTY TAXES 254,310 254,310   0