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 02-01-2018 , and ending 01-31-2019
Name of foundation
THE TITMUS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)POST OFFICE BOX 10
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SUTHERLAND, VA23885
A Employer identification number

54-6051332
B Telephone number (see instructions)

(804) 265-5834
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$24,691,879
J 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 99,405 99,405  
4 Dividends and interest from securities... 719,186 719,186  
5a Gross rents............ 4,500 4,500  
b Net rental income or (loss) 4,500
6a Net gain or (loss) from sale of assets not on line 10 35,487
b Gross sales price for all assets on line 6a 304,555
7 Capital gain net income (from Part IV, line 2)... 35,487
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)....... 10,720 10,720 0
12 Total. Add lines 1 through 11........ 869,298 869,298 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 171,650 71,850 0 99,800
14 Other employee salaries and wages...... 56,096 28,048 0 28,048
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,800 2,720 0 4,080
c Other professional fees (attach schedule).... 734 293 0 441
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 31,972 12,269 0 11,952
19 Depreciation (attach schedule) and depletion... 1,707 1,707 0
20 Occupancy.............. 18,687 7,475 0 11,212
21 Travel, conferences, and meetings....... 148 0 0 148
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 44,281 20,228 0 23,919
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 332,075 144,590 0 179,600
25 Contributions, gifts, grants paid....... 1,079,232 1,079,232
26 Total expenses and disbursements. Add lines 24 and 25 1,411,307 144,590 0 1,258,832
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -542,009
b Net investment income (if negative, enter -0-) 724,708
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 17,197 241,722 241,722
2 Savings and temporary cash investments.........      
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) bullet1,334,303
Less: allowance for doubtful accounts bullet0 2,102,113 1,334,303 1,334,303
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)....... 6,731,823 Click to see attachment6,713,055 21,268,009
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet596,549
Less: accumulated depreciation (attach schedule) bullet   596,549 596,549 1,582,700
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet110,651
Less: accumulated depreciation (attach schedule) bullet67,616 38,010 Click to see attachment43,035 43,035
15 Other assets (describe bullet) Click to see attachment-12,659 Click to see attachment2,401 Click to see attachment222,110
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,473,033 8,931,065 24,691,879
Liabilities 17 Accounts payable and accrued expenses.......... 669 710
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)......... 669 710
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 9,472,364 8,930,355
30 Total net assets or fund balances (see instructions)..... 9,472,364 8,930,355
31 Total liabilities and net assets/fund balances (see instructions). 9,473,033 8,931,065
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
9,472,364
2
Enter amount from Part I, line 27a .....................
2
-542,009
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,930,355
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
8,930,355
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 1460SHS BB&T CORP P 2014-11-21 2018-06-14
b 5450SHS BB&T CORP P 2014-12-31 2018-06-14
c 5000SHS BB&T CORP P 2015-06-01 2018-06-14
d .68SHS RESIDEO TECHNOLOGIES INCORP P 2007-02-02 2018-11-01
e CAPITAL GAIN DIVIDENDS P 2018-12-31 2019-01-31
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 36,986   35,569 1,417
b 115,010   110,631 4,379
c 126,663   122,865 3,798
d 13   3 10
e 25,883     25,883
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       1,417
b       4,379
c       3,798
d       10
e       25,883
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 35,487
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,241,844 25,680,603 0.048357
2016 1,235,690 24,882,348 0.049661
2015 1,266,388 24,959,696 0.050737
2014 1,218,335 26,346,017 0.046244
2013 1,052,341 24,465,791 0.043013
2
Total of line 1, column (d) .....................
2
0.238012
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
0.047602
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,929,826
5
Multiply line 4 by line 3......................
5
1,186,710
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,247
7
Add lines 5 and 6........................
7
1,193,957
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,258,832
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 7,247
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 7,247
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 7,247
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 8,280
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 8,280
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 20
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 1,013
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,013 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)
    bulletVA
    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 ofbulletEDWARD B TITMUS Telephone no.bullet (804) 265-5834

    Located atbulletPOST OFFICE BOX 10SUTHERLANDVA ZIP+4bullet23885
    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
     
     
    ........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
    EDWARD B TITMUS PRESIDENT
    30.00
    80,025 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    WILLIAM D ALLEN III VICE PRESIDENT/COUNSEL
    1.00
    525 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    JAMES A BABER IV VICE PRESIDENT
    1.00
    0 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    EDWARD H TITMUS III EXECUTIVE VICE-PRESIDENT
    30.00
    45,025 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    KIMBERLY T PRZYBYL SECRETARY
    30.00
    45,025 0 0
    PO BOX 10
    SUTHERLAND,NC23885
    WILLIAM A YOUNG JR TREASURER
    1.00
    525 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    ANDREW J WHITE VICE PRESIDENT
    1.00
    525 0 0
    PO BOX 10
    SUTHERLAND,VA23885
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    21,808,084
    b
    Average of monthly cash balances.......................
    1b
    147,044
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,354,340
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,309,468
    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
    25,309,468
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    379,642
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,929,826
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,246,491
    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
    1,246,491
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,247
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,247
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,239,244
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,239,244
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,239,244
    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
    1,258,832
    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
    1,258,832
    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
    7,247
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,251,585
    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 1,239,244
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,252,508
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,258,832
    a Applied to 2017, but not more than line 2a 1,252,508
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 6,324
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    1,232,920
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    EDWARD B TITMUS THE TITMUS FOUNDATI
    PO BOX 10
    SUTHERLAND,VA23885
    (804) 265-5834
    bThe form in which applications should be submitted and information and materials they should include:
    A FORMAL APPLICATION IS NOT REQUIRED
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THERE ARE NO RESTRICTIONS OR LIMITATIONS
    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
    ABUNDANT LIFE MINISTRIES
    PO BOX 71
    CHARLOTTESVILLE,VA22902
    NONE   GENERAL SUPPORT 5,000
    ACCESS NOW INC
    2821 EMERYWOOD PARKWAY STE 200
    RICHMOND,VA23294
    NONE   MEDICAL CARE FOR UNINSURED 5,000
    AIRFIELD 4-H CENTER
    15189 AIRFIELD RD
    WAKEFIELD,VA23888
    NONE   MEREDITH COTTAGE IMPROVEMENTS 5,000
    ALICE LLOYD COLLEGE
    100 PURPOSE RD
    PIPPA PASSES,KY41844
    NONE   GENERAL SUPPORT 5,000
    ALZHEIMER'S ASSOC-GREATER RICHMOND
    4600 COX RD STE 130
    GLEN ALLEN,VA23060
    NONE   GENERAL SUPPORT 2,500
    ASK CHILD CANCER FOUNDATION
    5211 W BROAD ST STE 102
    RICHMOND,VA23230
    NONE   ASK CHAPLAIN POSITION 39,000
    BAPTIST GENERAL ASSOCIATION OF VA
    2828 EMERYWOOD PARKWAY
    RICHMOND,VA23294
    NONE   TO MATCH MIDDLE DISTRICT'S 2018 CONTRIBUTION 5,000
    BAPTISTS ON MISSION
    P0 BOX 1107
    CARY,NC27512
    NONE   HURRICANE FLORENCE RELIEF 5,000
    BAPTIST RETIREMENT HOMES OF NC
    1199 HAYES FOREST DRIVE
    WINSTONSALEM,NC27106
    NONE   "LIFE AT HOME" PROGRAM 5,000
    BARTON COLLEGE
    PO BOX 5000
    WILSON,NC27893
    NONE   FINAL PMT. ON PLEDGE 25,000
    BEECH BRANCH BAPTIST CHURCH
    1 SARDIS
    SARDIS,GA30456
    NONE   IN MEM. OF CARRIE BUTLER BURKE 1,500
    BENEDICTINE SISTERS OF VIRGINIA
    9535 LINTON HALL RD
    BRISTOW,VA20136
    NONE   BEACON SHINES 2019 PROJECT 5,000
    BENNETT COLLEGE
    900 E WASHINGTON ST
    GREENSBORO,NC27401
    NONE   SCHOLARSHIPS IN HONOR OF SARAH FRANCES STRIGGLES DAVIS '61 5,000
    BEREA COLLEGE
    CPO 2216
    BEREA,KY40404
    NONE   TITMUS SCHOLARSHIP 5,000
    BETHANY HOUSE OF NORTHERN VA INC
    6601 LITTLE RIVER TURNPIKE STE 110
    ALEXANDRIA,VA22312
    NONE   ASSISTANCE FOR VICTIMS OF DOMESTIC ABUSE 3,000
    BIG BROTHERS BIG SISTERS OF GREATER RIC
    1707 SUMMIT AVE STE 200
    RICHMOND,VA23230
    NONE   SITE-BASED MENTORING RELATIONSHIPS 5,000
    BOY SCOUTS OF AMERICA
    PO BOX 6809
    RICHMOND,VA23230
    NONE   2ND PMT. ON $125,000 PLEDGE 25,000
    BRADLEY FREE CLINIC
    1240 THIRD STREET SW
    ROANOKE,VA24016
    NONE   1ST PMT. ON $100,000 PLEDGE 20,000
    BROTHERHOOD OF US VETERANS
    3015 BROAD ROCK BLVD
    RICHMOND,VA23224
    NONE   RENOVATIONS 5,000
    CAMP HOLIDAY TRAILS
    400 HOLIDAY TRAILS LANE
    CHARLOTTESVILLE,VA22903
    NONE   TO ASSIST WITH REP. DUE TO RAINFALL THIS YEAR 18,650
    CARES
    PO BOX 1167
    PETERSBURG,VA23804
    NONE   GENERAL SUPPORT 5,700
    CATAWBA MEDICAL FOUNDATION
    810 FAIRGROVE CHURCH RD SE
    HICKORY,NC28602
    NONE   FINAL PMT. ON PLEDGE FOR A NEW MOBILE MAMMOGRAPHY UNIT 50,000
    CELEBRATE RVA
    2920 W BROAD ST
    RICHMOND,VA23230
    NONE   TO GIVE 250CHILDREN THE EXPERIENCE OF LOVE AND JOY ON THEIR BIRTHDAY 5,525
    CENTRAL BAPTIST CHURCH
    PO BOX 159
    CHURCH ROAD,VA23833
    NONE   DIXIE YOUTH SOFTBALL 2,500
    CHESTERFIELD FOOD BANK
    12211 IRON BRIDGE RD
    CHESTER,VA23831
    NONE   FEEDING FAMILIES 5,000
    CHILDREN FIRSTCIS OF BUNCOMBE COUNTY E
    50 S FRENCH BROAD AVE STE 246
    ASHEVILLE,NC28801
    NONE   LEARNING CENTERS PROGRAM 5,000
    CHILDREN'S MUSEUM OF RICHMOND
    2626 WEST BROAD ST
    RICHMOND,VA23220
    NONE   FIELD TRIP PROGRAMMING 3,500
    CIRCLE CENTER ADULT DAY SERVICES
    4900 W MARSHALL ST
    RICHMOND,VA23230
    NONE   PROGRAM SERVICES 5,000
    COMMONWEALTH CATHOLIC CHARITIES
    1601 ROLLING HILLS DR
    RICHMOND,VA23229
    NONE   RICHMOND AREA HOMELESS 5,000
    CONEXUS
    11618 BUSY ST
    RICHMOND,VA23236
    NONE   GENERAL SUPPORT 10,000
    DEPAUL COMMUNITY RESOURCES
    5650 HOLLINS RD
    ROANOKE,VA24019
    NONE   2ND PMT. ON $100,000 PLEDGE 20,000
    DINWIDDIE BABE RUTH BASEBALL LEAGUE
    15704 GATEWOOD RD
    DINWIDDIE,VA23841
    NONE   TRAVEL FOR GAMES 5,000
    DOWNTOWN CHURCHES UNITED INC
    PO BOX 1202
    PETERSBURG,VA23804
    NONE   NEEDS AS SPECIFIED IN PROPOSAL 5,000
    ELIJAH HOUSE ACADEMY
    6627-B JAHNKE RD
    RICHMOND,VA23225
    NONE   SCHOLARSHIPS FOR NEEDY STUDENTS 5,000
    ELK HILL
    PO BOX 99
    GOOCHLAND,VA23063
    NONE   READING INTERVENTION PROGRAM 50,000
    FIRST MCCOY BAPTIST CHURCH
    1 SARDIS
    SARDIS,GA30456
    NONE   IN MEM. ALLIE JO & WATSON STRIGGLES 1,500
    FLITE FOUNDATION
    32 W WASHINGTON ST
    PETERSBURG,VA23803
    NONE   ASSISTANCE TO VETERAN 5,000
    FOLAR
    PO BOX 1808
    PETERSBURG,VA23805
    NONE   MATCHING FUNDS TOWARD MARY MORTON PARSONS FOUNDATIONS CHALLENGE 5,000
    FORD VOLUNTEER FIRE DEPARTMENT
    PO BOX 186
    CHURCH ROAD,VA23833
    NONE   GENERAL SUPPORT 5,000
    FORKIDS
    PO BOX 6044
    NORFOLK,VA23508
    NONE   CAPITAL CAMPAIGN 5,000
    GRACE MINISTRIES USA
    PO BOX 595
    WAKE FOREST,NC27588
    NONE   MISSION SUPPORT 5,000
    HEALTH BRIGADE
    1010 N THOMPSON ST
    RICHMOND,VA23230
    NONE   MEDICAL CARE FOR UNINSURED 5,000
    HOME AGAIN
    5 E FRANKLIN ST
    RICHMOND,VA23220
    NONE   EMERGENCY SHELTER 5,000
    HOSPITAL HOSPITALITY HOUSE
    612 E MARSHALL ST
    RICHMOND,VA23219
    NONE   DIRECT SER. OF VA & NC RESIDENTS 5,000
    HOUSE OF MERCY INC
    100 MCAULEY CIRCLE
    BELMONT,NC28012
    NONE   OPERATING EXPENSES 1,000
    HUMAN KIND
    150 LINDEN AVE
    LYNCHBURG,VA24503
    NONE   TO PURCHASE A 15,000
    J SARGEANT REYNOLDS
    1651 EAST PARHAM RD
    RICHMOND,VA23261
    NONE   TO ASST. IN A PART- 25,000
    JACKSON-FIELD HOMES
    2800 PATTERSON AVE STE 302
    RICHMOND,VA23221
    NONE   TO HELP BUILD AN OUTDOOR REC. FACILITY J. A. FINANCE PARK 25,000
    JUNIOR ACHIEVEMENT OF CENTRAL VIRGINIA
    1801 LIBBIE AVE STE 203
    RICHMOND,VA23226
    NONE   J. A. FINANCE PARK 5,000
    LATISHA'S HOUSE FOUNDATION
    5219 MONTICELLO AVE 5817
    WILLIAMSBURG,VA23188
    NONE   SUPPORT SERVICES 2,500
    LEWIS GINTER BOTANICAL GARDEN
    1800 LAKESIDE AVE
    RICHMOND,VA23228
    NONE   TO SUPPORT CHILDREN'S ENVIRONMENTAL EDUCATION 5,000
    LITTLE SISTERS OFTHE POOR
    1503 MICHAELS RD
    HENRICO,VA23229
    NONE   150THANNIVERSARY 5,000
    LUTHERAN FAMILY SERVICES OFVIRGINIA
    2609 MCVITTY RD
    ROANOKE,VA24018
    NONE   MATCHING GRANT 5,000
    MARMORA BAPTIST CHURCH
    2901 EXETER MILL RD
    CHURCH ROAD,VA23833
    NONE   GENERAL SUPPORT 5,000
    MATOACA HIGH SCHOOL
    17700 LONGHOUSE LANE
    CHESTERFIELD,VA23838
    NONE   ATHLETIC EQUIPMENT 5,000
    MERCY MEDICAL ANGELS
    4620 HAYGOOD RD STE 1
    VIRGINIA BEACH,VA23455
    NONE   SERVICE DOGS 5,000
    NAMOZINE VOLUNTEER FIRE & EMS
    3913 PELHAM SR
    PETERSBURG,VA23803
    NONE   GENERAL SUPPORT 5,000
    NATIONAL CHILD SAFETY COUNCIL
    PO BOX 120
    DINWIDDIE,VA23841
    NONE   DRUG PREVENTION 2,500
    NEW SONG FELLOWSHIP
    865 WOODSTOCK RD
    VIRGINIA BEACH,VA23464
    NONE   FINANCIAL PEACE UNIVERSITY 1,500
    NC AGRICULTURAL FOUNDATION INC
    BOX 7645NCSU
    RALEIGH,NC27690
    NONE   PMT. ON PLEDGE FOR THE HOWLING COW CREAMERY 50,000
    NC AGRICULTURAL FOUNDATION INC
    BOX 7645 NCSU
    RALEIGH,NC27690
    NONE   PMT. ON PLEDGE FOR THE HOWLING COW CREAMERY 50,000
    NCSU FOUNDATION LNC-DASA
    CAMPUS BOX 7306
    RALEIGH,NC27695
    NONE   1STPMT. ON $10,000 PLEDGER FOR THE JOHN C. MCLLWEE THEATRE ENDOWMENT 5,000
    NCSU FOUNDATION LNC-DASA
    CAMPUS BOX 7306
    RALEIGH,NC27695
    NONE   FINAL PMT. ON $10,000 PLEDGE FOR THE JOHN C. MCLLWEE THEATRE ENDOWMENT 5,000
    NORTHERN VIRGINIA FAMILY SERVICE
    10455 WHITE GRANITE DR STE 100
    OAKTON,VA22124
    NONE   MENTAL HEALTH SERVICE 2,000
    OCRAN UNITED METHODIST CHURCH
    PO BOX 309
    SUTHERLAND,VA23885
    NONE   HURRICANE FLORENCE RELIEF & RECOVERY EFFORTS 10,000
    PETERSBURG LIBRARY FOUNDATION
    PO BOX 3435
    PETERSBURG,VA23805
    NONE   PROGRAMS AT LIBRARY AS REQUESTED 5,000
    PIEDMONT VIRGINIA COMMUNITY COLLEGE
    501 COLLEGE DRIVE
    CHARLOTTESVILLE,VA22902
    NONE   DONATION FOR SCHOLARSHIPS 5,000
    PREGNANCY SUPPORT CTR OFTHE TRI-CITIES
    700 SOUTH SYCAMORE ST STE 12
    PETERSBURG,VA23803
    NONE   SERVICES & MATERIALS 5,000
    PRESERVATION NC
    220 FAYETTEVILLE ST STE 200
    RALEIGH,NC27611
    NONE   RELOCATION OF HAIL HOUSE & GRAVES FIELDS HOUSE 5,000
    PRESERVATION VIRGINIA
    204 W FRANKLIN ST
    RICHMOND,VA23220
    NONE   TO SUP. WORK IN PETERSBURG 5,000
    RAMPS
    1114 WESTBRIAR DR STE D
    RICHMOND,VA23238
    NONE   WHEELCHAIR RAMPS FOR THE NEEDY 3,000
    RICHMOND FRIENDS OFTHE HOMELESS LTD C
    4600 JAYDEE DR
    MOSELEY,VA23120
    NONE   PROGRAM SUPPORT 5,000
    RISE AGAINST HUNGER
    2501 CLARK AVE STE 301
    RALEIGH,NC27607
    NONE   MEAL PACKING EVENT WAKE FOREST UMC 10,000
    RIVERSIDE SCHOOL
    2110 MCRAE RD
    NORTH CHESTERFIELD,VA23235
    NONE   LANGUAGE FUNDAMENTALS PROGRAM 5,000
    ST ANDREW'S SCHOOL
    227 SOUTH CHERRY ST
    RICHMOND,VA23225
    NONE   SCHOLARSHIP ASSIST. 5,000
    ST JOHN BAPTIST CHURCH
    155 ST JOHN CHURCH ROAD
    TAPPAHANNOCK,VA22560
    NONE   ASSISTANCE IN BUILDING COSTS 5,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105
    NONE   2ND PMT. ON $100,000 PLEDGE 20,000
    ST MARY'S HEALTH WAGON
    PO BOX 7070
    WISE,VA24293
    NONE   FINAL PMT. ON PLEDGE FOR THE BRIGHTER FUTURE FOR SOUTHWEST VIRGINIA CAMPAIGN 100,000
    SAFE ALLIANCE
    601 E FIFTH ST STE 400
    CHARLOTTE,NC28202
    NONE   FAMILY FOCUSED PROGRAMMING 5,000
    SAINT FRANCIS HOME
    65 W CLOPTON ST
    RICHMOND,VA23225
    NONE   GAP FUNDING PROGRAM 5,000
    SAINT JOSEPH ELEMENTARY SCHOOL
    123 FRANKLIN ST
    PETERSBURG,VA23803
    NONE   CAPITAL CAMPAIGN 5,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607
    NONE   HURRICANE FLORENCE FLOOD RELIEF 10,000
    SCIENCE MUSEUM OF VIRGINIA
    PO BOX 11624
    RICHMOND,VA23230
    NONE   FINAL PMT. ON PLEDGE FOR THE INSPIRE THE WORLD CAMPAIGN 25,000
    SECOND MCCOY BAPTIST CHURCH
    1 SARDIS
    SARDIS,GA30456
    NONE   IN MEM. OF MARK BURKE 1,500
    SERENITY
    PO BOX 131
    PETERSBURG,VA23804
    NONE   GENERAL SUPPORT 5,000
    SHENANDOAH UNIVERSITY
    1460 UNIVERSITY DR
    WINCHESTER,VA22601
    NONE   THE TITMUS FOUNDATION ENDOWED SCHOLARSHIP 5,000
    SOUTHSIDE VA COM COLLEGE FOUND INC
    109 CAMPUS DR
    ALBERTA,VA23821
    NONE   EDUCATION INSTEAD OF INCARCERATION PROGRAM 5,000
    SPECIAL OLYMPICS OF NORTH CAROLINA
    2200 GATEWAY CENTRE BLVD STE 201
    MORRISVILLE,NC27560
    NONE   NC SPECIAL OLYMPICS ATHLETES 5,000
    SPECIAL OLYMPICS VIRGINIA
    3212 SKIPWITH RD STE 100
    RICHMOND,VA23294
    NONE   PROGRAMS 4,995
    SUTHERLAND ELEMENTARY SCHOOL
    6000 RB PAMPLIN DR
    SUTHERLAND,VA23885
    NONE   YEAR END FIELD TRIP 3,974
    THE ARC OFCENTRAL VIRGINIA
    1508 BEDFORD AVE
    LYNCHBURG,VA24504
    NONE   15 SCHOLARSHIPS FOR CAMP 2,625
    THE BRIDGE MINISTRY
    3054 DIXIE HILL RD
    BUCKINGHAM,VA23921
    NONE   LAWN EQUIPMENT & TOOL & EQUIP. REPLACEMENT 22,500
    THE BRIDGE MINISTRY
    3054 DIXIE HILL RD
    BUCKINGHAM,VA23921
    NONE   FINAL PMT. ON PLEDGE PLUS $2,500 25,000
    THE CHILDREN'S HOME OFVA BAPTISTS
    6900 HICKORY RD
    PETERSBURG,VA23803
    NONE   FOUNDER'S DAY 1,200
    THE EPISCOPAL DIOCESE OFVIRGINIA
    110 WEST FRANKLIN ST
    RICHMOND,VA23220
    NONE   CAMP PROGRAM AT SHRINE MONT CONF. CENTER 5,000
    THE JAMES HOUSE
    6610 COMMONS DR STE C
    PRINCE GEORGE,VA23875
    NONE   DOMESTIC VIOLENCE INTERVENTION PROGRAM 5,000
    THE SALVATION ARMY
    2 W GRACE ST
    RICHMOND,VA23241
    NONE   TO HELP RENOVATE BOYS & GIRLS CLUB 25,000
    TOGETHER FOR TANZANIA
    PO BOX 395
    POWHATAN,VA23139
    NONE   SCHOLARSHIPS 5,000
    TRIANGLE FAMILY SERVICE
    3937 WESTERN BLVD
    RALEIGH,NC27606
    NONE   REENTRY INITIATIVE 5,000
    TRINITY MISSIONARY BAP CH OFGIC
    233 HALIFAX ST
    PETERSBURG,VA23803
    NONE   TO HELP PURCHASE RAILINGS FOR HANDICAPPED RAMP 5,000
    TRINITY UNITED METHODIST CHURCH
    10021 COUNTY DR
    DISPUTANTA,VA23842
    NONE   UMCOR-HURRICANE RELIEF 5,000
    UNION BRANCH BAPTIST CHURCH
    3356 UNION BRANCH RD
    S PRINCE GEORGE,VA23805
    NONE   BASKETBALL CAMP 3,000
    UNIVERSITY OFTHE CUMBERLANDS
    6191 COLLEGE STATION DR
    WILLIAMSBURG,KY40769
    NONE   WORKSHIP PROGRAM 5,000
    VA BAP CHILDRENS HOME & FAMILY SER
    860 MOUNT VERNON LANE
    SALEM,VA24153
    NONE   FOUNDER'S DAY 1,000
    VIRGINIA BAPTIST HOMES FOUNDATION
    3961 STILLMAN PARKWAY
    GLEN ALLEN,VA23060
    NONE   LIFESPIRE OF VIRGINIA 5,000
    VIRGINIA HEALTH CARE FOUNDATION
    707 E MAIN ST STE 1350
    RICHMOND,VA23219
    NONE   MEDICATION & DENTAL CARE 5,000
    VIRGINIA SUPPORTIVE HOUSING
    8002 DISCOVERY DR STE 201
    RICHMOND,VA23229
    NONE   SUPPORTIVE HOUSING 5,000
    WAKE FOREST UNITED METHODIST CHURCH
    905 SOUTH MAIN ST
    WAKE FOREST,NC27587
    NONE   HURRICANE FLORENCE RELIEF & RECOVERY EFFORTS 10,000
    WESLEY UNITED METHODIST CHURCH
    2901 NORFOLK ST
    HOPEWELL,VA23860
    NONE   MIDDLE SCHOOL STUDENT PROJECT 5,000
    WEST END BAPTIST CHURCH
    6506 BOYDTON PLANK RD
    PETERSBURG,VA23803
    NONE   HURRICANE FLORENCE DISASTER RELIEF 5,000
    WILSON COUNTY PARTNERSHIP FOR CHILDREN
    109 PARK AVE WEST
    WILSON,NC27894
    NONE   TO MATCH FEDERAL MONEY FOR SHAPE NC PROGRAM 5,000
    WILLIAMSBURG AREA MEALS ON WHEELS
    PO BOX 709
    WILLIAMSBURG,VA23187
    NONE   GENERAL SUPPORT 2,500
    WORLD PEDIATRIC PROJECT
    7201 GLEN FOREST DR STE 304
    RICHMOND,VA23226
    NONE   TO SUP. THE WORLD PEDIATRIC PROJECT SURGERY 5,000
    ZION BAPTIST CHURCH
    225 BYRNE ST
    PETERSBURG,VA23803
    NONE   ANDREW J. AND GRACIE J. WHITE, SR. MULTI-PURPOSE ROOM 5,000
    PLAINS ALL AMERICANT PIPELINE LP
    333 CLAY STREET SUITE 1600
    HOUSTON,TX77002
    NONE   CONTRIBUTION REPORTED ON 2018 FORM K-1 11
    NUSTAR ENTERGY LP
    PO BOX 781609
    SAN ANTONIO,TX78278
    NONE   CONTRIBUTION REPORTED ON 2018 FORM K-1 52
    Total .................................bullet 3a 1,079,232
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 99,405  
    4 Dividends and interest from securities....     14 719,186  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 4,500  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 10,720  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 35,487  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 869,298 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    869,298
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,800 2,720 0 4,080

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

    TY 2018 DepreciationSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    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
    TYPEWRITER IBM 1981-01-31 1,076 1,076 SL 5.000000000000 0 0 0  
    FILE CABINET 1987-07-29 138 138 SL 10.000000000000 0 0 0  
    DRAPERIES 1993-07-27 856 856 SL 10.000000000000 0 0 0  
    CABINETS FOR OFFICE 1993-08-10 1,466 1,466 SL 10.000000000000 0 0 0  
    CARPET & BLINDS 1993-08-13 1,895 1,895 SL 10.000000000000 0 0 0  
    LATERAL FILE 4 DR 1993-09-02 939 939 SL 10.000000000000 0 0 0  
    COAT RACK 1993-09-02 195 195 SL 10.000000000000 0 0 0  
    SIDE CHAIRS 6 1993-09-02 3,390 3,390 SL 10.000000000000 0 0 0  
    ELECTRIC RANGE 1994-02-22 652 652 SL 10.000000000000 0 0 0  
    REFRIGERATOR 1994-02-22 1,282 1,282 SL 10.000000000000 0 0 0  
    AMERICAN CHEST 1996-12-02 8,047 8,047 SL 10.000000000000 0 0 0  
    WALNUT DESK 1996-12-02 4,598 4,598 SL 10.000000000000 0 0 0  
    CHIPPENDALE CHAIR 1996-12-02 690 690 SL 10.000000000000 0 0 0  
    WALNUT CANDLE STAND 1996-12-02 460 460 SL 10.000000000000 0 0 0  
    OFFICE FURNITURE 1997-03-18 1,563 1,563 SL 10.000000000000 0 0 0  
    OFFICE CABINETS 2001-04-27 3,625 3,538 SL 10.000000000000 0 0 0  
    DELL DIMENSION 8300 COMPUTER 2003-09-30 1,950 1,950 SL 10.000000000000 0 0 0  
    FARM HOUSE RENOVATION 1993-09-02 11,172 6,976 SL 39.000000000000 286 0 286  
    LANDSCAPING 1995-01-31 11,696 11,696 SL 20.000000000000 0 0 0  
    WHIPPERNOCK NEW ROOF 2000-08-08 10,368 4,644 SL 39.000000000000 266 0 266  
    AIR CONDITIONING UNIT CK30 2001-05-09 1,350 584 SL 39.000000000000 35 0 35  
    OFFICE FURNITURE 2005-04-01 2,624 2,624 SL 7.000000000000 0 0 0  
    GENERATOR 2006-04-26 6,734 6,730 SL 10.000000000000 4 0 4  
    HEAT PUMP WHIPPERNOCK FARM 2010-12-31 4,575 829 SL 39.000000000000 117 0 117  
    COMPUTER 2010-08-18 1,473 1,473 SL 5.000000000000 0 0 0  
    BASEMENT RENOVATIONS 2011-04-21 7,468 1,290 SL 39.000000000000 191 0 191  
    VACCUM CLEANER 2011-02-22 735 735 SL 5.000000000000 0 0 0  
    IMPROVEMENTS - WIPPERNOCK FARM (FLOORING) 2013-05-06 3,464 423 SL 39.000000000000 89 0 89  
    VINYL SIDING - FOUNDATION OFFICE 2014-07-31 15,066 1,351 SL 39.000000000000 386 0 386  
    COMPUTER (HP 23" INTEL CORE) 2015-07-21 1,106 553 SL 5.000000000000 221 0 221  
    GENERATOR 2018-11-20 6,732   SL 10.000000000000 112 0 112  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 133,264 547,350
    ABBVIE INC 144,514 602,175
    ADVANSIX INC. 644 5,062
    AT & T - BELLSOUTH 170,125 450,900
    BP PLC 208,967 205,600
    BRISTOL MYERS SQUIBB 91,004 345,590
    CHEVRON CORP 525,594 917,200
    COLGATE-PALMOLIVE CO 40,252 517,440
    CONOCOPHILLIPS 246,242 1,015,350
    DNP SELECT INCOME FUND INC. 63,531 66,420
    DOMINION ENERGY 196,562 1,404,800
    DONNELLEY FINANCIAL 17,447 10,248
    DONNELLEY RR & SONS COMPANY 48,201 9,517
    DOWDUPONT, INC. 604,182 883,022
    DUKE ENERGY CORPORATION 241,516 877,800
    ENBRIDGE INC. 114,650 179,905
    EXXON MOBIL CORPORATION 546,693 1,832,000
    FORD MOTOR COMPANY 129,155 88,000
    GARRETT MOTION, INC. 1,266 6,388
    GENERAL ELECTRIC 50,250 213,360
    GENERAL MLS INC. 54,149 53,328
    HALLIBURTON COMPANY 41,805 99,568
    HERSHEY FOOD CORP 92,671 530,500
    HONEYWELL, INTL 115,413 574,520
    KELLOGG COMPANY 143,692 295,050
    KIMBERLY CLARK CORPORATION 51,161 55,690
    LSC COMMUNICATIONS INC. 21,730 5,551
    MERCK & COMPANY 148,510 744,300
    NISOURCE, INC. 24,557 218,240
    NUTRIEN LIMITED 356,902 207,380
    OFFICE PPTYS INCOME TR COM SHS 84,478 40,038
    PEPSICO, INC. 43,902 2,816,750
    PFIZER, INC. 392,761 551,850
    PHILLIPS 66 73,179 715,575
    PLUM CREEK TIMBER COMPANY INC. 200,605 209,920
    PPL CORPORATION 54,976 62,640
    PROCTER & GAMBLE COMPANY 164,771 289,410
    RESIDEO TECHNOLOGIES, INC. 3,460 14,605
    SCHLUMBERGER LIMITED 42,022 265,260
    TORTOISE ENERGY INFRASTRUCTURE 36,610 98,360
    TORTOISE MLP FUND INC 83,880 57,240
    TOUCHSTONE BANK 36,617 79,950
    UNITED DOMINION REALTY TRUST 289,302 1,750,000
    VERIZON COMMUNICATIONS 223,329 715,780
    WALGREENS BOOTS ALLIANCE, INC. 127,423 289,040
    WALMART INCORPORATED 84,186 95,830
    WASHINGTON R EST IN TRU SH BEN 146,905 253,500
    WELLS FARGO & COMPANY 0 7

    TY 2018 LandEtcSchedule2
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TYPEWRITER IBM 1,076 1,076 0  
    FILE CABINET 138 138 0  
    DRAPERIES 856 856 0  
    CABINETS FOR OFFICE 1,466 1,466 0  
    CARPET & BLINDS 1,895 1,895 0  
    LATERAL FILE 4 DR 939 939 0  
    COAT RACK 195 195 0  
    SIDE CHAIRS 6 3,390 3,390 0  
    ELECTRIC RANGE 652 652 0  
    REFRIGERATOR 1,282 1,282 0  
    AMERICAN CHEST 8,047 8,047 0  
    WALNUT DESK 4,598 4,598 0  
    CHIPPENDALE CHAIR 690 690 0  
    WALNUT CANDLE STAND 460 460 0  
    OFFICE FURNITURE 1,563 1,563 0  
    OFFICE CABINETS 3,625 3,538 87  
    DELL DIMENSION 8300 COMPUTER 1,950 1,950 0  
    FARM HOUSE RENOVATION 11,172 7,262 3,910  
    LANDSCAPING 11,696 11,696 0  
    WHIPPERNOCK NEW ROOF 10,368 4,910 5,458  
    AIR CONDITIONING UNIT CK30 1,350 619 731  
    OFFICE FURNITURE 2,624 2,624 0  
    HEAT PUMP WHIPPERNOCK FARM 4,575 946 3,629  
    COMPUTER 1,473 1,473 0  
    BASEMENT RENOVATIONS 7,468 1,481 5,987  
    VACCUM CLEANER 735 735 0  
    IMPROVEMENTS - WIPPERNOCK FARM (FLOORING) 3,464 512 2,952  
    VINYL SIDING - FOUNDATION OFFICE 15,066 1,737 13,329  
    COMPUTER (HP 23" INTEL CORE) 1,106 774 332  
    GENERATOR 6,732 112 6,620  


    TY 2018 OtherAssetsSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    REFORESTATION 0 18,122 18,122
    NUSTAR ENERGY LP - VALERO LP 27 -1,136 63,725
    PLAINS ALL AMERICAN PIPELINE LP -12,686 -14,585 140,263


    TY 2018 OtherExpensesSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HEALTH INSURANCE 44,147 20,228 0 23,919
    NON DEDUCTIBLE EXPENSES 134 0 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 10,720 10,720  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER FEES 734 293 0 441


    TY 2018 TaxesSchedule
    Name:
    THE TITMUS FOUNDATION
    EIN:
    54-6051332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 17,182 7,642 0 9,540
    REAL ESTATE TAXES 4,020 1,608 0 2,412
    OTHER TAXES 3,019 3,019 0 0
    FEDERAL INCOME TAXES 7,751 0 0 0