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
EDWIN E AND RUBY C MORGAN FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)254 A KATHERINE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FLOWOOD, MS39232
A Employer identification number

64-0667872
B Telephone number (see instructions)

(601) 939-4443
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$20,874,630J 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 16,459 16,459  
4 Dividends and interest from securities... 946,560 943,972  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 389,621
b Gross sales price for all assets on line 6a 1,383,050
7 Capital gain net income (from Part IV, line 2)... 389,621
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 52 52  
12 Total. Add lines 1 through 11........ 1,352,692 1,350,104  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 318,715 154,183   164,532
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 97,909 48,418   49,491
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,626 0   1,626
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,500 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,294 382  
20 Occupancy.............. 8,693 472   8,221
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 7,298 1,186   6,112
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 449,035 204,641   229,982
25 Contributions, gifts, grants paid....... 893,000 893,000
26 Total expenses and disbursements. Add lines 24 and 25 1,342,035 204,641   1,122,982
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,657
b Net investment income (if negative, enter -0-) 1,145,463
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............. 13,232 56 56
2 Savings and temporary cash investments......... 1,175,167 1,300,730 1,300,730
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) 2,827,962 Click to see attachment2,825,202 2,964,454
b Investments—corporate stock (attach schedule)....... 14,482,784 Click to see attachment14,388,108 15,022,019
c Investments—corporate bonds (attach schedule)....... 1,436,213 Click to see attachment1,436,213 1,425,899
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet209,319
Less: accumulated depreciation (attach schedule) bullet48,847 164,766 Click to see attachment160,472 160,472
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment0 Click to see attachment1,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,100,124 20,110,781 20,874,630
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 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.................. 20,100,124 20,110,781
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    
30 Total net assets or fund balances (see instructions)..... 20,100,124 20,110,781
31 Total liabilities and net assets/fund balances (see instructions). 20,100,124 20,110,781
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
20,100,124
2
Enter amount from Part I, line 27a .....................
2
10,657
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,110,781
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
20,110,781
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 PUBLICLY TRADED SECURITIES      
b
c
d
e
(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 1,383,050   993,429 389,621
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       389,621
b
c
d
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 2 389,621
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 1,091,671 22,807,864 0.047864
2016 1,042,162 22,263,115 0.046811
2015 1,027,420 21,880,612 0.046956
2014 917,362 21,583,410 0.042503
2013 894,966 20,172,908 0.044365
2
Total of line 1, column (d) .....................
2
0.228499
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
0.045700
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
21,873,468
5
Multiply line 4 by line 3......................
5
999,617
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,455
7
Add lines 5 and 6........................
7
1,011,072
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,122,982
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 11,455
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 11,455
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 11,455
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,878
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,878
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 6
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 583
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)
    bulletMS
    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 ofbulletR MILLER REID CPA Telephone no.bullet (601) 939-4443

    Located atbullet254A KATHERINE DRIVEFLOWOODMS ZIP+4bullet39232
    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
    R MILLER REID PRES/TREAS/DIR
    35.00     		220,261 58,013 0
    C/O FOUNDATION
    FLOWOOD,MS39232
    MILLER DAVID REID VP/SEC/DIR
    40.00     		94,206 21,516 0
    C/O FOUNDATION
    FLOWOOD,MS39232
    PHILIP L COLSON DIRECTOR
    0.50     		1,416 0 0
    C/O FOUNDATION
    FLOWOOD,MS39232
    KAREN M MORGAN DIRECTOR
    0.50     		1,416 0 0
    C/O FOUNDATION
    FLOWOOD,MS39232
    GE MORGAN DIRECTOR
    0.50     		1,416 0 0
    C/O FOUNDATION
    FLOWOOD,MS39232
    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 N/A 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    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
    21,254,004
    b
    Average of monthly cash balances.......................
    1b
    936,517
    c
    Fair market value of all other assets (see instructions)................
    1c
    16,046
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,206,567
    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
    22,206,567
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    333,099
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,873,468
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,093,673
    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
    1,093,673
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,455
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,455
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,082,218
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,082,218
    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
    1,082,218
    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
    1,122,982
    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
    1,122,982
    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
    11,455
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,111,527
    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 1,082,218
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,122,611
    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$ 1,122,982
    a Applied to 2017, but not more than line 2a 1,122,611
    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..... 371
    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 ..........     		1,081,847
    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).)
    R MILLER REID
    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
    CCVNA & HOSPICE INC
    PO BOX 2480
    MONTEREY,CA93942     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 3,000
    DELIVER ME SENIOR SUPPORT SERVICES
    1405 SOUTH GALLATIN STREET
    JACKSON,MS39201     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 30,000
    DELIVER ME SENIOR SUPPORT SERVICES
    1405 SOUTH GALLATIN STREET
    JACKSON,MS39201     		NONE PUBLIC CHARITY SALARY SUPPORT 10,765
    DELIVER ME SENIOR SUPPORT SERVICES
    1405 SOUTH GALLATIN STREET
    JACKSON,MS39201     		NONE PUBLIC CHARITY GLASSES & HEARING AIDS 10,000
    HOSPICE GIVING FOUNDATION
    PO BOX 1798
    MONTEREY,CA93942     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 4,000
    MISSISSIPPI FOOD NETWORK
    PO BOX 411
    JACKSON,MS39205     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 20,000
    MISSISSIPPI FOOD NETWORK
    PO BOX 411
    JACKSON,MS39205     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    MISSISSIPPI SPAY AND NEUTER
    2104 OLD BRANDON ROAD
    PEARL,MS39208     		NONE PUBLIC CHARITY SPAY AND NEUTER NEW FACILITY 85,000
    MISSISSIPPI SPAY AND NEUTER
    2104 OLD BRANDON ROAD
    PEARL,MS39208     		NONE PUBLIC CHARITY SPAY AND NEUTER PROGRAM 75,000
    MONTAGE HEALTH
    PO BOX HH
    MONTEREY,CA939421085     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 6,000
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 25,000
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY VETERINARIAN SALARY AND BENEFITS 82,500
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY DOG RUN FOR SURGICAL PATIENTS 40,000
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY SPAY AND NEUTER PROGRAM 3,500
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY SPAY AND NEUTER 33,000
    MS ANIMAL RESCUE LEAGUE
    4395 SOUTH DRIVE
    JACKSON,MS39209     		NONE PUBLIC CHARITY MEDICAL TESTING SUPPLIES 3,100
    SO CHRISTIAN SVC FOR CHILD & YOUTH INC
    1900 N WEST ST STE B
    JACKSON,MS392021034     		NONE PUBLIC CHARITY RENTAL HOUSING 6,000
    STEWPOT COMMUNITY SERVICES INC
    1100 WEST CAPITOL STREET
    JACKSON,MS39203     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    STEWPOT COMMUNITY SERVICES INC
    1100 WEST CAPITOL STREET
    JACKSON,MS39203     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 50,000
    STEWPOT COMMUNITY SERVICES INC
    1100 WEST CAPITOL STREET
    JACKSON,MS39203     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    STEWPOT COMMUNITY SERVICES INC
    1100 WEST CAPITOL STREET
    JACKSON,MS39203     		NONE PUBLIC CHARITY OPPORTUNITY CENTER 50,000
    THE CENTER FOR VIOLENCE PREVENTION
    PO BOX 6279
    PEARL,MS392886279     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    THE CENTER FOR VIOLENCE PREVENTION
    PO BOX 6279
    PEARL,MS392886279     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 31,135
    THE HOME PLACE
    PO DRAWER 720
    MADISON,MS391300720     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    THE MUSTARD SEED
    1085 LUCKNEY ROAD
    BRANDON,MS39047     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    THE SALVATION ARMY METRO JACKSON COMMAND
    PO BOX 448
    JACKSON,MS392050448     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    WINGARD HOME INC
    1279 NORTH WEST STREET
    JACKSON,MS39202     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 40,000
    WINGARD HOME INC
    1279 NORTH WEST STREET
    JACKSON,MS39202     		NONE PUBLIC CHARITY GENERAL OPERATING EXPENSES 5,000
    Total .................................bullet 3a 893,000
    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 ...........     		    14 16,459  
    4 Dividends and interest from securities....     14 946,560  
    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.....     15 52  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 389,621  
    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 1,352,692 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,352,692
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HADDOX REID EUBANK BETTS PLLC 1,626 0   1,626

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

    TY 2018 DepreciationSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    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
    BUILDING 2007-08-01 167,455 44,553 SL 39.000000000000 4,294 0    
    LAND 2007-08-01 41,864   L   0 0    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CHESAPEAKE ENRG 6.875% 11/15/20 153,362 145,500
    FORD MTR CO DEL 6.375% 2/1/29 155,425 147,237
    HEWLETT PACKARD CO 6% 9/15/41 410,759 397,813
    BANK OF AMERICA 6.22% 9/15/26 144,097 165,620
    BANK OF AMERICA CORP 6.8% 3/15/28 105,007 119,011
    PNC FINANCIAL SRV VAR 100,000 92,000
    SOUTHTRUST BK 6.565% 12/15/27 104,108 115,411
    WESTERN UNION CO 6.2% 11/11/36 263,455 243,307

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Name of Stock End of Year Book Value End of Year Fair Market Value
    4000 SHARES ALLSTATE CORP 5.625% PFD 99,650 95,880
    5142 SHARES AMER ELECTRIC POWER CO 177,360 384,313
    3000 SHARES AMEREN CORPORATION 94,524 195,690
    12000 SHARES AMERN FINANCIAL GP 6% 11/15/55 300,510 293,280
    2625 SHARES APPLE, INC 174,600 414,068
    4000 SHARES ARES MANAGEMENT 7% PFD CALLABLE 100,000 104,080
    34000 SHARES AT&T INC 1,185,121 970,360
    10500 SHARES BANK OF AMERICA CORP 143,427 258,720
    300 SHARES BANK OF AMERICA 7.25% PFD 336,309 375,750
    11000 SHARES BAXTER INTERNATIONAL INC 299,070 724,020
    57 SHARES BECTON DICKINSON & CO 8,111 12,834
    100 SHARES BERKSHIRE HTWY CL A 113,507 306,000
    2250 SHARES BLACK HILLS CORP 137,255 141,255
    10000 SHARES BLACKROCK BUILD AMERICA 200,000 210,200
    2000 SHARES BRISTOL-MYERS SQUIBB CO 120,005 103,960
    6000 SHARES CENTERPOINT ENERGY INC 124,090 169,380
    1883 SHARES CENTURYLINK INC 72,504 28,527
    8000 SHARES CHARLES SCHWAB CORP 5.95% PFD CALLABLE 200,000 200,000
    16000 SHARES CHARLES SCHWAB CORP 6% PFD 400,000 406,240
    3100 SHARES CHESAPEAKE ENERGY CORP 46,172 6,510
    5500 SHARES CHEVRON CORP 607,833 598,345
    3000 SHARES CISCO SYSTEMS INC 63,999 129,990
    400 SHARES CITIGROUP INC 24,418 20,824
    2034 SHARES COMCAST CORP NEW CL A 41,247 69,258
    6000 SHARES CONOCO PHILLIPS 402,831 374,100
    3000 SHARES DOMINION ENERGY INC 222,605 214,380
    1500 SHARES DUKE ENERGY CORP NEW 118,805 129,450
    2000 SHARES EDISON INTERNATIONAL 53,718 113,540
    4000 SHARES EXELON CORPORATION 129,595 180,400
    3500 SHARES EXXON MOBIL CORP 308,977 238,665
    3700 SHARES FIRSTENERGY CORP 145,743 138,935
    2000 SHARES FORD MOTOR COMPANY 28,710 15,300
    94 SHARES FRONTIER COMMUNICATIONS 11,434 224
    67000 SHARES GENERAL ELECTRIC CO 2,070,495 507,190
    51 SHARES GENERAL MOTORS CO 0 810
    1107 SHARES GENERAL MOTORS CO 32,578 37,029
    2000 SHARES HALLIBURTON CO HLDG CO 100,005 53,160
    3000 SHARES INTEL CORP 79,808 140,790
    6000 SHARES INTERNATIONAL PAPER CO 262,517 242,160
    3000 SHARES JP MORGAN CHASE & CO 144,206 292,860
    12000 SHARES JP MORGAN CHASE 6.7% PFD 305,049 304,920
    8000 SHARES JP MORGAN CHASE & CO 6.15% PERPETUAL PFD 200,000 206,240
    666 SHARES KRAFT HEINZ COMPANY 22,502 28,665
    5000 SHARES MERCK & CO INC NEW 207,471 382,050
    2000 SHARES MICROSOFT CORP 173,005 203,140
    2000 SHARES MONDELEZ INTL INC 43,582 80,060
    174 SHARES MOTORS LIQ CO GUC TRUST 0 1,575
    10460 SHARES NUVEEN BAB TERM FUND 199,485 202,506
    5000 SHARES PFIZER INCORPORATION 116,821 218,250
    7000 SHARES PG&E CORP 193,212 166,250
    3000 SHARES PHILLIPS 66 221,317 258,450
    36453 SHARES PIMCO INCM INST CL 451,760 430,510
    6000 SHARES PITNEY BOWES 6.7% 43 SR NOTES 150,000 140,820
    23652 SHARES INVESCO PREFERRED ETF 353,331 318,592
    9732 SHARES PUBLIC STORAGE 5.625% PFD CUM 210,291 238,337
    4000 SHARES QUEST CORP 6.875% 10/1/54 PFD 100,000 78,920
    20000 SHARES REGIONS FINANCIAL CP NEW 210,001 267,600
    5000 SHARES THE SOUTHERN COMPANY 78,415 219,600
    12000 SHARES SOUTHERN COMPANY 6.25% 10/15/75 PFD 300,000 306,120
    130 SHARES TRUSTMARK CORP 2,777 3,696
    3500 SHARES U S BANCORP DEL NEW 110,701 159,950
    2500 SHARES AVANGRLD, INC. 73,078 125,225
    8144 SHARES VERIZON COMMUNICATIONS 332,722 457,856
    76 SHARES VERITIV CORPORATION 2,573 1,898
    477 SHARES VODAFONE GROUP PLC 47,348 9,197
    7000 SHARES WELLS FARGO & CO NEW 234,155 322,560
    6615 SHARES WELLS FARGO 5.2% PF CL A 138,724 145,596
    8000 SHARES WELLS FARGO & CO 6% PFD 200,000 200,880
    300 SHARES WELLS FARGO & CO 7.5% PFD 353,409 378,570
    4000 SHARES WR BERKLEY 5.625% PFD 100,000 90,600
    3550 SHARES XCEL ENERGY INC 74,640 174,909

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    2,825,202
    State & Local Government Securities - End of Year Fair Market Value:


    2,964,454


    TY 2018 LandEtcSchedule2
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 167,455 48,847 118,608  
    LAND 41,864 0 41,864  


    TY 2018 OtherAssetsSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FURNITURE     1,000


    TY 2018 OtherExpensesSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 1,263 0   1,263
    INSURANCE 2,708 0   2,708
    SUPPLIES & MISCELLANEOUS 215 0   215
    EDUCATION 741 0   741
    INTERNET 2,371 1,186   1,185


    TY 2018 OtherIncomeSchedule2
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECURITY LITIGATION 52 52 52


    TY 2018 TaxesSchedule
    Name:
    EDWIN E AND RUBY C MORGAN FOUNDATION
     
    INC
    EIN:
    64-0667872
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 10,500 0   0