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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 08-01-2017 , and ending 07-31-2018
Name of foundation
STEPHENS' CHRISTIAN TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)4400 HARDING PIKE NO 310
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NASHVILLE, TN37205
A Employer identification number

62-6201842
B Telephone number (see instructions)

(615) 460-9240
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$10,508,025J 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      
4 Dividends and interest from securities... 26,353 26,353  
5a Gross rents............ 41,556 41,556  
b Net rental income or (loss) 3,306
6a Net gain or (loss) from sale of assets not on line 10 58,409
b Gross sales price for all assets on line 6a 484,046
7 Capital gain net income (from Part IV, line 2)... 58,409
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 33,497 0  
12 Total. Add lines 1 through 11........ 159,815 126,318  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,536 1,959   2,576
b Accounting fees (attach schedule)....... Click to see attachment 27,250 0   27,250
c Other professional fees (attach schedule).... Click to see attachment 38,957 18,957   20,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 53,671 53,671   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 15,871 15,871  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 78,292 78,292   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 218,577 168,750   49,826
25 Contributions, gifts, grants paid....... 485,383 485,383
26 Total expenses and disbursements. Add lines 24 and 25 703,960 168,750   535,209
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -544,145
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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......... 223,215 18,583 18,583
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 689,920 Click to see attachment746,062 971,967
c Investments—corporate bonds (attach schedule)....... 50,000 0 0
11 Investments—land, buildings, and equipment: basis bullet1,306,859
Less: accumulated depreciation (attach schedule) bullet167,453 1,155,277 Click to see attachment1,139,406 1,820,831
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,537,598 Click to see attachment2,207,814 Click to see attachment7,696,644
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,656,010 4,111,865 10,508,025
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 FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,656,010 4,111,865
30 Total liabilities and net assets/fund balances (see instructions). 4,656,010 4,111,865
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,656,010
2
Enter amount from Part I, line 27a .....................
2
-544,145
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,111,865
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 29 .
6
4,111,865
Form 990-PF (2019)
Form 990-PF (2019)
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 100000 SH BANK OF AMERICA P   2018-06-05
b 50000 SH CITIZENS BANK P   2017-12-04
c 50000 SH PRECISION CASTPARTS CORP P   2018-01-15
d 50000 SH SOUTHERN CA EDISON P   2017-11-01
e 1500 SH UNDER ARMOUR INC P   2017-09-06
2000 SH ALTRIA GROUP INC P   2017-09-06
500 SH DUKE ENERGY CORPORATION P   2018-06-27
700 SH KRAFT HEINS CO P   2018-07-26
AMERICAN FUNDS CAPITAL GAIN DISTRIBUTIONS P   2017-12-26
NORTHERN TRUST TREASURY CAPITAL GAIN DISTRIBUTION P   2017-12-26
COHEN & STEETS SELECT PRFD CAPITAL GAIN DISTRIBUTION P   2018-01-11
(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 100,000   99,880 120
b 50,000   50,000 0
c 50,000   50,000 0
d 50,000   50,000 0
e 23,558   39,015 -15,457
126,547   49,078 77,469
39,720   32,735 6,985
42,269   54,929 -12,660
1,840     1,840
2     2
110     110
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       120
b       0
c       0
d       0
e       -15,457
      77,469
      6,985
      -12,660
      1,840
      2
      110
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 58,409
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))
2018 498,372 10,020,778 0.049734
2017 204,081 10,807,839 0.018883
2016 511,800 6,418,549 0.079738
2015 7,423 4,992,549 0.001487
2014 22,973 4,539,933 0.005060
2
Total of line 1, column (d) .....................
2
0.154902
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
0.030980
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
9,316,248
5
Multiply line 4 by line 3......................
5
288,617
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
288,617
8
Enter qualifying distributions from Part XII, line 4,.............
8
535,209
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 (2019)
Form 990-PF (2019)
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 0
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 0
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 0
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 3,181
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 3,181
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,181
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet3,181 RefundedBullet 11 0
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)
    bulletTN
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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
    Yes
     
    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 ofbulletEQUITABLE TRUST COMPANY Telephone no.bullet (615) 460-9240

    Located atbullet4400 HARDING PIKE STE 310NASHVILLETN ZIP+4bullet37205
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    J GREG HARDEMAN TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    WALTER C LEAVER III TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    JAMES VANDIVER TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    NEIKA STEPHENS TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    RHONDA LOWERY TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    EQUITABLE TRUST COMPANY TRUSTEE
    0.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    DALE RANDOLPH TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    BRENT CULBERTSON TRUSTEE
    2.00     		0 0 0
    4400 HARDING PIKE STE 310
    NASHVILLE,TN37205
    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 (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    965,642
    b
    Average of monthly cash balances.......................
    1b
    196,350
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,296,128
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,458,120
    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
    9,458,120
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    141,872
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,316,248
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    465,812
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    465,812
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
     
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    465,812
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    465,812
    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
    465,812
    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
    535,209
    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
    535,209
    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
    535,209
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 465,812
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 470,142
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 535,209
    a Applied to 2018, but not more than line 2a 470,142
    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 2019 distributable amount..... 65,067
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		400,745
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    WORLD CHRISTIAN BROADCASTING
    605 BRADLEY COURT
    FRANKLIN,TN37067     		NONE PUBLIC GENERAL SUPPORT 43,500
    DAVID LIPSCOMB UNIVERSITY
    ONE UNIVERSITY PARK DRIVE
    NASHVILLE,TN37204     		NONE PUBLIC GENERAL SUPPORT 342,933
    MOUNTAIN STATES CHILDREN'S HOME
    14780 N 107TH STREET
    LONGMONT,CO80504     		NONE PUBLIC GENERAL SUPPORT 8,000
    MORNING STAR SANCTUARY
    PO BOX 568
    NASHVILLE,TN37116     		NONE PUBLIC GENERAL SUPPORT 5,900
    NORTHSIDE CHURCH OF CHRIST
    1375 OLD HICKORY BLVD
    NASHVILLE,TN37207     		NONE PUBLIC GENERAL SUPPORT 5,000
    ROOM IN THE INN
    PO BOX 25309
    NASHVILLE,TN37202     		NONE PUBLIC GENERAL SUPPORT 5,000
    AGAPE
    4555 TROUSDALE DRIVE
    NASHVILLE,TN37204     		NONE PUBLIC GENERAL SUPPORT 4,500
    FOOTHILLS CHURCH OF CHRIST
    95 CENTRAL AVENUE
    SEARCY,AR72143     		NONE PUBLIC GENERAL SUPPORT 3,000
    AMZIMA MINISTRIES
    8115 ISABELLA LANE
    BRENTWOOD,TN37027     		NONE PUBLIC GENERAL SUPPORT 3,000
    CHURCHES OF CHRIST DISASTER RELIEF
    410 ALLIED DRIVE
    NASHVILLE,TN37211     		NONE PUBLIC GENERAL SUPPORT 3,000
    ETHRIDGE CHURCH OF CHRIST
    3505 US-43
    ETHRIDGE,TN38456     		NONE PUBLIC GENERAL SUPPORT 3,000
    GRAYMERE CHURCH OF CHRIST
    1320 TROTWOOD AVE
    COLUMBIA,TN38401     		NONE PUBLIC FUTURE MINISTERS CAMP 3,000
    TENNESSEE BAPTIST ADULT HOMES
    4017 RURAL PLAINS CIRCLE
    FRANKLIN,TN37064     		NONE PUBLIC GENERAL SUPPORT 3,000
    NEW HOPE ACADEMY
    1820 DOWNS BLVD
    FRANKLIN,TN37064     		NONE PUBLIC GENERAL SUPPORT 3,000
    MOBILE CHRISTIAN SCHOOL
    5900 COTTAGE HILL ROAD
    MOBILE,AL36609     		NONE PUBLIC GENERAL SUPPORT 3,000
    CENTRAL CHRISTIAN CHURCH
    404 E MAIN STREET
    MURFREESBORO,TN37130     		NONE PUBLIC GENERAL SUPPORT 3,000
    BRENTWOOD HILLS CHURCH OF CHRIST
    5120 FRANKLIN PIKE
    NASHVILLE,TN37220     		NONE PUBLIC CAMP LEATHERWOOD 3,000
    CHRISTIAN HOMES FOR CHILDREN
    12001 SW 72ND STREET
    MIAMI,FL33283     		NONE PUBLIC GENERAL SUPPORT 3,000
    GRACEWORKS MINISTRIES INC
    104 SOUTHEAST PWKY
    FRANKLIN,TN37064     		NONE PUBLIC GENERAL SUPPORT 2,500
    ST JUDE CHILDREN'S RESEARCH HOSPITA
    262 DANNY THOMAS PL
    MEMPHIS,TN38105     		NONE PUBLIC GENERAL SUPPORT 2,000
    NASHVILLE INNER CITY MINISTRY
    1000 APEX ST
    NASHVILLE,TN37206     		NONE PUBLIC GENERAL SUPPORT 2,000
    HERALD OF TRUTH MINISTRIES
    3444 N 1ST STREET 400
    ABILENE,TX79603     		NONE PUBLIC GENERAL SUPPORT 2,000
    HEALING HANDS INTERNATIONAL
    455 MCNALLY DRIVE
    NASHVILLE,TN37211     		NONE PUBLIC GENERAL SUPPORT 2,000
    HILLSBORO CHURCH OF CHRIST
    5800 HILLSBORO ROAD
    NASHVILLE,TN37215     		NONE PUBLIC HAITI MISSION 1,500
    BURNETTE CHAPEL CHURCH OF CHRIST
    3890 PIN HOOK ROAD
    ANTIOCH,TN37013     		NONE PUBLIC GENERAL SUPPORT 1,500
    SARDIS LAKE CHRISTIAN CAMP
    176 4-H CLUB ROAD
    BATESVILLE,MS38606     		NONE PUBLIC GENERAL SUPPORT 1,500
    FREED-HARDEMAN UNIVERSITY
    158 E MAIN STREET
    HENDERSON,TN38340     		NONE PUBLIC GENERAL SUPPORT 1,250
    POTTER CHILDREN'S HOME
    2350 NASHVILLE ROAD
    BOWLING GREEN,KY42101     		NONE PUBLIC GENERAL SUPPORT 1,250
    GRACE CHAPEL CHURCH
    3279 SOUTHALL ROAD
    FRANKLIN,TN37064     		NONE PUBLIC GENERAL SUPPORT 1,200
    LINDEN CHURCH OF CHRIST
    E CHURCH STREET
    LINDEN,TN37096     		NONE PUBLIC GENERAL SUPPORT 1,000
    AFRICAN CHRISTIAN SCHOOLS FOUNDATIO
    PO BOX 41120
    NASHVILLE,TN37204     		NONE PUBLIC GENERAL SUPPORT 1,000
    WILLIAM H ELLA W MCMAHAN FOUNDATION
    905 ROBERTSON ACADEMY ROAD
    NASHVILLE,TN37220     		NONE PUBLIC GENERAL SUPPORT 1,000
    WHITE STATION CHURCH OF CHRIST
    1106 COLONIAL ROAD
    MEMPHIS,TN38117     		NONE PUBLIC GENERAL SUPPORT 1,000
    THE JOSEPH SCHOOL
    161 ROSA L PARKS BLVD
    NAST,TN37203     		NONE PUBLIC GENERAL SUPPORT 1,000
    WAYNE REED CHRISTIAN CHILDCARE CENT
    11 LINDSLEY AVENUE B
    NASHVILLE,TN37210     		NONE PUBLIC GENERAL SUPPORT 1,000
    ST LABRE INDIAN SCHOOL
    TONGUE RIVER ROAD
    ASHLAND,MT59003     		NONE PUBLIC GENERAL SUPPORT 1,000
    EASTERN EUROPEAN MISSION
    777 LONESOME DOVE TRAIL
    HURST,TX76054     		NONE PUBLIC GENERAL SUPPORT 1,000
    SOUTHWEST CHURCH OF CHRIST
    4515 CORNELL STREET
    AMARILLO,TX79109     		NONE PUBLIC GENERAL SUPPORT 1,000
    JAMES AVENUE CHURCH OF CHRIST
    613 JAMES AVENUE
    NASHVILLE,TN37209     		NONE PUBLIC GENERAL SUPPORT 1,000
    SHILOH MINISTRIES
    48 E 80TH ST 2
    NEW YORK,NY10075     		NONE PUBLIC GENERAL SUPPORT 1,000
    TENNESSEE WILDLIFE FEDERATION
    300 ORLANDO AVENUE
    NASHVILLE,TN37209     		NONE PUBLIC GENERAL SUPPORT 900
    CITIZEN'S COMMITTEE
    424 CHURCH STREET 2800
    NASHVILLE,TN37219     		NONE PUBLIC GENERAL SUPPORT 700
    SKYLINE CHURCH OF CHRIST
    1024 SKYLINE DRIVE
    JACKSON,TN38301     		NONE PUBLIC GENERAL SUPPORT 500
    HEARTLIGHT MINISTRIES
    7345 US-80
    HALLSVILLE,TX75650     		NONE PUBLIC GENERAL SUPPORT 500
    NATIONS UNIVERSITY
    7003 CHADWICK DRIVE 351
    BRENTWOOD,TN37027     		NONE PUBLIC GENERAL SUPPORT 250
    DAVID LIPSCOMB ACADEMY
    ONE UNIVERSITY PARK DRIVE
    NASHVILLE,TN37204     		NONE PUBLIC GENERAL SUPPORT 2,000
    CHURCH OF CHRIST AT THETA
    2210 LES ROBINSON ROAD
    COLUMBIA,TN38401     		NONE PUBLIC GENERAL SUPPORT 1,000
    NAMWIANGA MISSION
    658 E N 21ST
    ABILENE,TX79601     		NONE PUBLIC GENERAL SUPPORT 2,000
    Total .................................bullet 3a 485,383
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 26,353  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 3,306  
    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 58,409  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aSECTION 1231 GAIN     		    18 33,497  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 121,565 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    121,565
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 27,250 0   27,250

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

    TY 2017 DepreciationSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    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
    LAND-5980 PASQUO RD 2001-05-31 45,636   L   0 0    
    HOUSE-5980 PASQUO RD 2001-05-31 226,006 135,681 ADS 27.000000000000 8,371 8,371    
    LAND IMPR.-5980 PASQUO RD 2001-08-31 2,067   L   0 0    
    LAND   339,086   L   0 0    
    LAND - HWY 100 PROP   408,560   L   0 0    
    A/C UNIT - ENERGY MASTERS 2014-01-31 3,909 284 SL 27.500000000000 142 142    
    WASHER & DRYER - HOME DEPOT 2014-12-22 686 417 200DB 5.000000000000 94 137    
    RANGE & DISHWASHER 2015-03-03 1,909 1,222 200DB 5.000000000000 275 382    
    BUILDING - 8333 NUNAHI TRAIL 2014-01-01 192,202 13,978 SL 27.500000000000 6,989 6,989    
    LAND - 8333 NUNAHI TRAIL 2014-01-01 86,798   L   0 0    

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1000 ATMOS ENERGY CORP 61,280 91,870
    1000 COHEN & STEERS SELECTED PRFD 26,160 27,700
    1000 HCP INC REIT 36,540 25,900
    1000 NATIONAL HEALTH INVS INC. 25,767 74,840
    1000 QUEST DIAGNOSTICS 61,780 107,720
    2883.983 AMERICAN NEW WORLD FUND CLASS F 100,015 192,016
    3000 CALAMOS STRATEGIC TOTAL RETURN 29,460 38,880
    5 SCORE BOARD INC COM 1 0
    1000 DOLLAR GENERAL CORP 72,515 98,150
    8384.5 AMERICAN CENTURY GLOBAL GOLD 100,646 68,334
    700 LOWES 54,449 69,538
    500 DOMINION RESOURCES 37,207 35,855
    700 POWERSHARES AEROSPACE 40,292 41,209
    100000 HUNTINGTON NATIONAL BANK 99,950 99,955

    TY 2017 InvestmentsLandSchedule2
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND-5980 PASQUO RD 45,636 0 45,636  
    HOUSE-5980 PASQUO RD 226,006 144,052 81,954  
    LAND IMPR.-5980 PASQUO RD 2,067 0 2,067  
    LAND 339,086 0 339,086  
    LAND - HWY 100 PROP 408,560 0 408,560  
    A/C UNIT - ENERGY MASTERS 3,909 426 3,483  
    WASHER & DRYER - HOME DEPOT 686 511 175  
    RANGE & DISHWASHER 1,909 1,497 412  
    BUILDING - 8333 NUNAHI TRAIL 192,202 20,967 171,235  
    LAND - 8333 NUNAHI TRAIL 86,798 0 86,798  

    TY 2017 LegalFeesSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 4,536 1,959   2,576


    TY 2017 OtherAssetsSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PARTNERSHIP INTEREST 2,032,451 1,692,841 7,695,555
    CAPITALIZED INVESTMENT COSTS 505,147 514,973 0
    SHEPHERD INVESTMENT INTL LTD LP 0 0 1,089


    TY 2017 OtherExpensesSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 39,452 39,452   0
    OTHER INVESTMENT EXP K-1 421 421   0
    MISCELLANEOUS 269 269   0
    ADMINISTRATIVE EXPENSE 15,771 15,771   0
    REPAIRS 7,938 7,938   0
    TAXES 3,499 3,499   0
    UTILITIES 132 132   0
    INSURANCE 2,106 2,106   0
    COMMISSIONS 2,298 2,298   0
    PASS THRU NET LOSS ON RENTAL ACTIVITY 0 0   0
    REPAIRS 531 531   0
    TAXES 2,050 2,050   0
    UTILITIES 72 72   0
    INSURANCE 1,319 1,319   0
    COMMISSIONS 2,434 2,434   0


    TY 2017 OtherIncomeSchedule2
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECTION 1231 GAIN 33,497   33,497


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 38,957 18,957   20,000


    TY 2017 TaxesSchedule
    Name:
    STEPHENS' CHRISTIAN TRUST
    EIN:
    62-6201842
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 20,624 20,624   0
    NATCHEZ ASSOCIATES K-1 STATE TAXES 2,891 2,891   0
    PROPERTY TAXES K-1 30,156 30,156   0