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
THE CARL J AND MARGOT A JOHNSON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)90 ELISABETH WAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MCKINNEY, TX75069
A Employer identification number

25-1675809
B Telephone number (see instructions)

(412) 512-6764
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$19,014,090J 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) 500
2 Check bullet.............
3 Interest on savings and temporary cash investments 38 38 0
4 Dividends and interest from securities... 144,258 144,258 0
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 123,785
b Gross sales price for all assets on line 6a 817,993
7 Capital gain net income (from Part IV, line 2)... 123,785
8 Net short-term capital gain......... 112,764
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment -15,279 -15,279  
12 Total. Add lines 1 through 11........ 253,302 252,802 112,764
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 134 134 0 0
b Accounting fees (attach schedule)....... 8,460 8,460 0 0
c Other professional fees (attach schedule).... 26,071 26,071 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29 29 0 0
19 Depreciation (attach schedule) and depletion... 0    
20 Occupancy.............. 6,738 6,738 0 0
21 Travel, conferences, and meetings....... 4,492 4,492 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,821 3,821 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 49,745 49,745 0 0
25 Contributions, gifts, grants paid....... 1,121,438 1,121,438
26 Total expenses and disbursements. Add lines 24 and 25 1,171,183 49,745 0 1,121,438
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -917,881
b Net investment income (if negative, enter -0-) 203,057
c Adjusted net income (if negative, enter -0-)... 112,764
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.............      
2 Savings and temporary cash investments......... 712,782 1,074,263 1,074,263
3 Accounts receivable bullet16,061
Less: allowance for doubtful accounts bullet0 77,784 16,061 16,061
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).....   0  
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet     0  
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 8,682,469 Click to see attachment8,032,730 14,033,635
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet2,414
Less: accumulated depreciation (attach schedule) bullet2,414   Click to see attachment0 0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,346,893 Click to see attachment4,228,535 3,890,131
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet     0  
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,819,928 13,351,589 19,014,090
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons   0
21 Mortgages and other notes payable (attach schedule)......   0
22 Other liabilities (describe bullet) 0 0
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 9,582,695 9,582,695
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,237,233 3,768,894
30 Total net assets or fund balances (see instructions)..... 13,819,928 13,351,589
31 Total liabilities and net assets/fund balances (see instructions). 13,819,928 13,351,589
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
13,819,928
2
Enter amount from Part I, line 27a .....................
2
-917,881
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
468,010
4
Add lines 1, 2, and 3 ..........................
4
13,370,057
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
18,468
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
13,351,589
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 Publicaly Trade Securities (FR1168)Detail Attached P 2018-04-25 2018-10-11
b Publicaly Trade Securities (FR1168)Detail Attached P 2015-08-13 2018-01-04
c Publicaly Trade Securities (FR7108)Detail Attached P 2017-12-29 2018-10-03
d Publicaly Trade Securities (FR7108)Detail Attached P 2013-11-21 2018-10-03
e Publicaly Trade Securities (FR7705)Detail Attached P 2017-08-09 2018-08-07
Publicaly Trade Securities (FR7705)Detail Attached P 2017-08-09 2018-08-23
(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 14,450 0 16,291 -1,841
b 115,538 0 114,999 539
c 203,422 0 108,594 94,828
d 411,907 0 410,864 1,043
e 47,446 0 27,669 19,777
25,230 0 15,791 9,439
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 0 0 0 -1,841
b 0 0 0 539
c 0 0 0 94,828
d 0 0 0 1,043
e 0 0 0 19,777
0 0 0 9,439
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 2 123,785
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 3 112,764
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 749,640 22,743,340 0.032961
2016 572,439 15,110,903 0.037883
2015 640,071 13,041,820 0.049078
2014 666,042 11,528,777 0.057772
2013 850,306 14,252,301 0.059661
2
Total of line 1, column (d) .....................
2
0.237355
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
0.047471
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,493,888
5
Multiply line 4 by line 3......................
5
1,162,749
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,031
7
Add lines 5 and 6........................
7
1,164,780
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,121,438
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 4,061
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 4,061
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 4,061
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 0 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 161
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,222
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 taxBullet0 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletPA, TX
    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 ofbulletCARL J JOHNSON Telephone no.bullet (412) 512-6764

    Located atbullet90 Elisabeth WayMcKinneyTX ZIP+4bullet75069
    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
    CARL J JOHNSON TRUSTEE
    1.00     		0 0 0
    90 ELISABETH WAY
    MCKINNEY,TX75069
    JAMIE BROOKHART TRUSTEE
    3.00     		0 0 0
    700 Maple Creek Dr
    MCKINNEY,TX75069
    JD BROOKHART EXECUTIVE DIRECTOR
    10.00     		0 0 0
    700 Maple Creek Dr
    FAIRVIEW,TX75069
    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
    22,790,316
    b
    Average of monthly cash balances.......................
    1b
    833,629
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,242,946
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,866,891
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    24,866,891
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    373,003
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,493,888
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,224,694
    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
    1,224,694
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,061
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,061
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,220,633
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,220,633
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,220,633
    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
    1,121,438
    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
    1,121,438
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,121,438
    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 1,220,633
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,118,781
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,121,438
    a Applied to 2017, but not more than line 2a 1,118,781
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 2,657
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,657
    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......     		 
    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 ..........     		1,220,633
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,657
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 2,657
    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).)
    CARL J JOHNSON
    JAMIE BROOKHART
    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.
    NONE
    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
    CHINESE CHRISTIAN EDUCATION FOUNDATION
    11 ROYAL VALE DR
    OAK BROOK,IL60523     		  PC UNRESTRICTED 105,129
    MULTIPLICATION NETWORK MINISTRIES
    22515 TORRANCE AVE
    SAUK VILLAGE,IL60411     		  PC UNRESTRICTED 178,643
    DALLAS ARBORETUM & BOTANICAL SOCIETY
    8525 GARLAND RD
    DALLAS,TX75218     		  PC UNRESTRICTED 46,065
    Aid for Women
    8 S Michigan Ave Ste 1418
    Chicago,IL60603     		  PC UNRESTRICTED 20,435
    China Ministries International
    1605 E Elizabeth ST
    Pasadena,CA91104     		  PC UNRESTRICTED 234,069
    BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM
    110 INNER CAMPUS DR
    AUSTIN,TX78705     		  PC UNRESTRICTED 86,783
    Elevate3in1
    420 Montgomery ST
    San Francisco,CA94104     		  PC UNRESTRICTED 51,055
    Goodwill Industries of Northeast TX
    2206 E Lamar ST
    Sherman,TX75090     		  PC UNRESTRICTED 10,251
    Tyler's Light Inc
    1262 Hill RD
    N Pickerington,OH43147     		  PC UNRESTRICTED 10,251
    Texas Health Resources
    612 E Lamar Blvd
    Arlington,TX76011     		  PC UNRESTRICTED 10,251
    Douglas County Community Foundation
    420 Jerry St
    Castle Rock,CO80104     		  PC UNRESTRICTED 102,339
    Foundation for Douglas County Schools
    620 Wilcox St
    Castle Rock,CO80104     		  PC UNRESTRICTED 206,131
    Pinky Swear Foundation
    5555 W 78th St Ste E
    Edina,MN55439     		  PC UNRESTRICTED 10,036
    Foundation Scotland
    15 Calton Rd
    Edinburgh UK,TX76034     		  PC UNRESTRICTED 50,000
    Total .................................bullet 3a 1,121,438
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 38  
    4 Dividends and interest from securities....     14 144,258  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 123,785  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCAPITAL GAIN DISTRIBUTIONS     		    14 127,965  
    bAlternative Investments     14 -143,729  
    cMISCELLANEOUS INCOME     14 485  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   252,802  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    252,802
    (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:  
    Part VI Line 7 - Tax Paid with the Original Return: 0


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Net Capital Gain Reported Part IV 2018-04 Purchased 2018-10   14,450 16,291 FMV 0 -1,841  
    Net Capital Gain Reported Part IV 2015-08 Purchased 2018-01   115,538 114,999 FMV   539  
    Net Capital Gain Reported Part IV 2017-12 Purchased 2018-10   203,422 108,594 FMV   94,828  
    Net Capital Gain Reported Part IV 2013-11 Purchased 2018-10   411,907 410,864 FMV   1,043  
    Net Capital Gain Reported Part IV 2017-08 Purchased 2018-08   47,446 27,669 FMV   19,777  
    Net Capital Gain Reported Part IV 2017-08 Purchased 2008-08   25,230 15,791     9,439  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AGREE RLTY CORP - 261 SH 11,109 15,430
    ALEXANDRIA REAL ESTATE EQUITIES INC - 232 SH 24,950 26,736
    AMERICAN CAMPUS CMNTYS INC - 165 SH 7,942 6,829
    AMERICAN TOWER REIT - 272 SH 29,027 43,028
    APARTMENT INVT & MGMT CO - 366 SH 15,483 16,060
    AVALONBAY CMNTYS INC - 94 SH 16,444 16,361
    BOSTON PPTYS INC - 167 SH 20,911 18,796
    CAMDEN PPTY TR COM - 148 SH 13,289 13,031
    CORESITE RLTY CORP COM - 62 SH 6,744 5,408
    CROWN CASTLE INTL CORP - 314 SH 27,345 34,110
    CUBESMART - 633 SH 16,631 18,161
    DIGITAL RLTY TR - 120 SH 13,502 12,786
    EASTGROUP PPTYS INC - 233 SH 15,606 21,373
    ERP PPTYS COM - 260 SH 18,352 16,648
    EQUINIX INC - 56 SH 24,926 19,743
    EQUITY LIFESTYLE PPTYS INC - 149 SH 13,405 14,472
    EXTRA SPACE STORAGE INC - 69 SH 5,354 6,243
    FEDERAL RLTY INVT TR - 166 SH 23,083 19,595
    FIRST INDL RLTY TR INC - 625 SH 15,434 18,038
    GAMING & LEISURE PPTYS INC - 474 SH 15,027 15,315
    HOSPITALITY PPTYS TR - 485 SH 14,895 11,582
    HOST HOTELS & RESORTS INC - 1163 SH 22,103 19,387
    II-VI INC 405,292 SH 7,127,314 13,155,778
    Invitation Homes Inc - 562 SH 11,139 11,285
    JERNIGAN CAP INC - 272 SH 5,185 5,391
    KITE RLTY GROUP TR - 468 SH 11,107 6,594
    LTC PPTYS INC - 299 SH 12,941 12,462
    PENNSYLVANIA REAL ESTATE INVT TR - 614 SH 11,615 3,647
    SIMON PPTY GROUP INC - 228 SH 41,554 38,302
    TERRENO RLTY CORP - 531 SH 13,356 18,675
    VORNADO RLTY TR - 173 SH 13,768 10,731
    WEINGARTEN REALTY INVESTORS - 433 SH 14,992 10,743
    WELLTOWER INC - 306 SH 20,387 21,239
    WEYERHAEUSER CO - 933 SH 28,988 20,395
    ITURAN LOCATION & CONTROL LTD - 40 SH 1,202 1,282
    CIMPRESS N V SHS EURO - 59 SH 5,187 6,102
    ACI WORLDWIDE INC - 139 SH 2,985 3,846
    ACLARIS THERAPUTICS INC - 86 SH 1,816 636
    AERIE PHARMA INC - 81 SH 4,104 2,924
    BANK OF THE OZARKS - 138 SH 6,005 3,151
    BIOSPECIFICS TECH CORP - 48 SH 2,319 2,909
    BOINGO WIRELESS INC - 263 SH 4,831 5,410
    CALAMP CORP - 163 SH 3,069 2,121
    CARBONITE INC - 25 SH 561 632
    CENTURY CASINOS - 168 SH 1,112 1,242
    CEVA INC - 278 SH 10,866 6,141
    CHEESE CAKE FACTORY INC - 104 SH 4,665 4,525
    CLOVIS ONOCOLOGY INC - 44 SH 3,235 790
    COLLEGIUM PHARMA INC - 135 SH 1,895 2,318
    CRITEO SA SPONS ADR - 302 SH 14,432 6,861
    CYPRESS SEMICONDUCTOR CORP - 658 SH 9,148 8,370
    DAVE & BUSTERS ENTMT INC - 228 SH 11,595 10,160
    ECHO GLOBAL LOGISTICS INC - 219 SH 3,154 4,452
    EMERGENT BIOSOLUTIONS INC - 206 SH 7,302 12,212
    ESTERLINE TECH CORP - 21 SH 1,837 2,550
    FRANKLIN COVEY CO - 55 SH 1,004 1,228
    GRAND CANYON ED INC - 22 SH 1,765 2,115
    HAIN CELETIAL GRP INC - 162 SH 6,791 2,569
    INGEVITY CORP - 56 SH 4,319 4,687
    INTEGRATED DEVICE TECH INC - 156 SH 3,923 7,555
    J2 GLOBAL INC - 102 SH 7,799 7,077
    LCI INDS INC - 99 SH 9,519 6,613
    LIGAND PHARMA INC - 52 SH 6,581 7,056
    MSC INDL DIRECT INC - 43 SH 3,024 3,308
    MASONITE INTL CORP - 127 SH 8,699 5,693
    MAXIMUS INC - 95 SH 5,741 6,184
    MEDIFAST INC - 10 SH 487 1,250
    MIX TELEMATICS LTD - 120 SH 1,039 1,878
    MYRIAD GENETICS INC - 148 SH 5,831 4,302
    NATURAL GROCERS BY VITAMIN COTTAGE INC - 40 SH 238 613
    NEKTAR THERAPUTICS - 124 SH 2,383 4,076
    ON SEMICONDUCTOR CORP - 179 SH 2,938 2,955
    OXFORD INDS INC - 46 SH 2,861 3,268
    PACIRA PHARMA INC - 88 SH 3,199 3,786
    POINTS INTL INC - 102 SH 795 1,016
    POOL CORP - 66 SH 7,125 9,811
    PREMIER INC - 315 SH 9,801 11,765
    PROGENICS PHARMA INC - 583 SH 2,888 2,449
    PUMA BIOTECH INC - 76 SH 4,765 1,547
    SEMTECH CORP - 215 SH 8,133 9,862
    SHUTTERFLY INC - 169 SH 8,317 6,804
    SHUTTERSTOCK INC - 156 SH 5,383 5,618
    STAMPS.COM INC - 40 SH 8,528 6,226
    STRATEGIC ED INC COM - 63 SH 5,392 7,145
    SUPERNUS PHARMA INC - 172 SH 7,104 5,714
    TELEFLEX INC - 33 SH 6,968 8,530
    TETRA TECH INC - 112 SH 4,743 5,798
    THE TRADE DESK IN COM - 52 SH 2,437 6,035
    VAIL RESORTS INC - 29 SH 6,218 6,114
    WNS HLDGS LTD - 173 SH 6,155 7,138
    WEIGHT WATCHERS INTER INC NEW COM - 109 SH 5,989 4,202
    ESSEX PROPERTY TRUST - 19 SH 4,806 4,659
    PHYSICIANS RLTY TR COM - 645 SH 10,897 10,339
    SL GREEN RLTY CORP COM - 133 SH 13,707 10,518
    WIX COM LTD - 91 SH 6,624 8,221
    AKEBIA THERAPEUTICS INC COM - 172 SH 2,996 951
    AXOS FINL INC COM - 246 SH 6,863 6,194
    BJS RESTAURANTS INC COM - 16 SH 594 809
    FEDERAL AGRICULTURAL MORTGAGE CORP CL - 34 SH 2,808 2,055
    INSMED INC COM PAR - 74 SH 1,836 971
    MEDIDATA SOLUTIONS INC COM - 82 SH 6,202 5,528
    OPTINOSE INC COM - 186 SH 3,228 1,153
    PRESTIGE CONSUMER HEALTHCARE INC COM - 125 SH 4,686 3,860
    SIX FLAGS ENTMT CORP NEW COM - 31 SH 2,024 1,725
    WILLDAN GROUP INC COM - 18 SH 485 630
    XPO LOGISTICS INC COM - 18 SH 864 1,027

    TY 2018 InvestmentsLandSchedule2
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Equipment 2,414 2,414 0  

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CLEARBRIDGE AGGRESSIVE GROWTH FUND CLASS I - 1543 SH   321,747 275,639
    CREDIT SUISSE FLOATING RATE - 34205 SH   242,934 224,041
    ETF SER SOLUTIONS LONCAR CANCER IMMUNOTHERAPY - 4450 SH   98,779 83,990
    JOHOM ASIA EX-JAPAN FUND CLASS I - 15385 SH   148,000 123,846
    JOHCM ASIA EX-JAPAN FUND CLASS II - 12752 SH   121,975 102,269
    MAINGATE MLP FUND INSTITUTIONAL CLASS - 75047 SH   579,495 490,059
    PIMCO HIGH YIELD FUND - 11118 SH   93,185 92,057
    SELECT SECTOR SPDR TR HEALTH CARE - 1430 SH   98,951 123,709
    TEMPLETON GLOBAL BOND FUND - 8544 SH   106,311 96,122
    DFA ENHANCED US LG COMPANY FUND - 49116 SH   670,781 558,450
    MATTHEWS PACIFIC TIGER FUND INSTITUTIONAL FUND - 15402 SH   439,656 413,228
    Credit Value Fund (Cayman)III, Fund   110,206 110,206
    Canyon Balanced Hedge Focused Fund   546,316 546,316
    Millenium International Fund   423,723 423,723
    Engaged Capital   226,476 226,476

    TY 2018 OtherDecreasesSchedule
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Description Amount
    2017 INCOME TAX PAID 18,468


    TY 2018 OtherExpensesSchedule
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 3,821 3,821 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CAPITAL GAIN DISTRIBUTIONS 127,965 127,965  
    Alternative Investments -143,729 -143,729  
    Miscellaneous 485 485  


    TY 2018 OtherIncreasesSchedule
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Description Amount
    UNREALIZED G/L OF SECURITIES DISTRIBUTED AT FMV 468,010


    TY 2018 TaxesSchedule
    Name:
    THE CARL J AND MARGOT A JOHNSON FOUNDATION
    EIN:
    25-1675809
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 29 29 0 0