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 03-01-2018 , and ending 02-28-2019
Name of foundation
TUW ETHEL M SCHEPMOES
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

54-6372603
B Telephone number (see instructions)

(888) 730-4933
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$8,096,990J 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... 186,497 186,497  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 305,930
b Gross sales price for all assets on line 6a 2,377,136
7 Capital gain net income (from Part IV, line 2)... 305,930
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 492,427 492,427  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 79,597 71,637   7,960
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,702 0 0 1,702
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,743 4,840   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 9,646 80   9,566
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 100,688 76,557 0 19,228
25 Contributions, gifts, grants paid....... 390,000 390,000
26 Total expenses and disbursements. Add lines 24 and 25 490,688 76,557 0 409,228
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,739
b Net investment income (if negative, enter -0-) 415,870
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.............      
2 Savings and temporary cash investments......... 350,661 330,186 330,186
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,663,781 Click to see attachment6,683,143 7,766,804
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,014,442 7,013,329 8,096,990
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
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........ 7,014,442 7,013,329
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 7,014,442 7,013,329
31 Total liabilities and net assets/fund balances (see instructions). 7,014,442 7,013,329
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
7,014,442
2
Enter amount from Part I, line 27a .....................
2
1,739
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
5
4
Add lines 1, 2, and 3 ..........................
4
7,016,186
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,857
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,013,329
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 270. AFFILIATED MANAGERS GROUP, INC COM     2018-06-05
b 100. APPLE INC   2013-02-14 2018-06-05
c 75. UNITEDHEALTH GROUP INC   2011-08-29 2018-06-05
d 146.25 BAYER AG ADR- RIGHTS DEEMED 7/15/18   2016-12-14 2018-07-02
e 507.436 T ROWE PR REAL ESTATE-I #432   2017-07-28 2018-07-13
9356.564 T ROWE PR REAL ESTATE-I #432     2018-07-13
879. SPDR DJ WILSHIRE INTERNATIONAL REAL   2011-08-29 2018-07-13
216. VANGUARD REIT VIPER     2018-07-13
1410. VANGUARD REIT VIPER     2018-07-13
757.444 ARTISAN MID CAP FUND-INSTL 1333     2018-10-02
343.556 ARTISAN MID CAP FUND-INSTL 1333   2016-01-25 2018-10-02
39.466 BLACKROCK GL L/S CREDIT-K #1940   2017-10-26 2018-10-02
4772.534 BLACKROCK GL L/S CREDIT-K #1940   2015-10-27 2018-10-02
10117. DODGE & COX INCOME FD COM #147     2018-10-02
346. JP MORGAN MID CAP VALUE-I #758   2014-05-05 2018-10-02
104. JPMORGAN HIGH YIELD FUND SS 3580   2017-10-26 2018-10-02
122. ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-17 2018-10-02
8319.99 NEUBERGER BERMAN LONG SH-INS #1830   2017-10-26 2018-10-02
9458.01 NEUBERGER BERMAN LONG SH-INS #1830     2018-10-02
120. T ROWE PRICE INST FLOAT RATE 170   2017-07-28 2018-10-02
2976. WFA TOTAL RETURN BOND-R6     2018-10-02
328. WF SPECIAL SM CAP VAL - R6 #4667   2018-02-09 2018-10-02
748. WFA SMALL COMPANY GROWTH-R6   2018-02-09 2018-10-02
600. CISCO SYSTEMS INC   2015-08-14 2018-10-03
490. HAIN CELESTIAL GROUP INC   2015-12-17 2018-10-03
785. MANULIFE FINANCIAL CORP   2015-12-17 2018-10-03
130. MCKESSON CORP   2018-06-05 2018-10-03
130. PNC FINANCIAL SERVICES GROUP   2015-06-03 2018-10-03
450. SCHLUMBERGER LTD   2018-02-02 2018-10-03
50. TJX COMPANIES INC   2013-10-16 2018-10-03
185. UNION PACIFIC CORP     2018-10-03
1455. UBS GROUP AG   2018-02-02 2018-10-03
213.312 T ROWE PR REAL ESTATE-I #432   2018-10-09 2018-11-16
4499.688 T ROWE PR REAL ESTATE-I #432     2018-11-16
165. SPDR DJ WILSHIRE INTERNATIONAL REAL   2018-10-02 2018-11-16
3152. SPDR DJ WILSHIRE INTERNATIONAL REAL     2018-11-16
165. AMERIPRISE FINL INC     2019-02-26
80. AMERIPRISE FINL INC   2018-11-19 2019-02-26
294. ARTISAN MID CAP FUND-INSTL 1333   2016-01-25 2019-02-26
1610. COMCAST CORP CLASS A     2019-02-26
12503.918 DODGE & COX INCOME FD COM #147     2019-02-26
829. EATON VANCE GLOB MACRO ADV-I 208   2017-10-26 2019-02-26
1704. FIDELITY NEW MRKTS INC-I     2019-02-26
1593. JP MORGAN MID CAP VALUE-I #758     2019-02-26
127. ISHARES CORE MSCI EMERGING   2018-10-05 2019-02-26
1255. JOHN HANCOCK II-CURR STR-I 3643   2017-10-26 2019-02-26
441. JPMORGAN HIGH YIELD FUND SS 3580     2019-02-26
114. T ROWE PRICE INST FLOAT RATE 170     2019-02-26
18. SPDR DJ WILSHIRE INTERNATIONAL REAL   2017-01-20 2019-02-26
525. SCHLUMBERGER LTD   2018-11-19 2019-02-26
230. SCHLUMBERGER LTD   2018-02-02 2019-02-26
2513. TCW EMRG MKTS INCM-I 4721   2018-07-16 2019-02-26
1353. WF EMERGING MARKETS EQ - R6 #4660   2018-10-09 2019-02-26
2846. WF SPECIAL SM CAP VAL - R6 #4667   2018-02-09 2019-02-26
1622. WFA SMALL COMPANY GROWTH-R6   2018-02-09 2019-02-26
CAPITAL GAIN DIVIDENDS P    
(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 44,003   38,539 5,464
b 19,305   6,664 12,641
c 18,310   3,507 14,803
d 243     243
e 14,426   14,538 -112
266,007   267,347 -1,340
34,582   32,534 2,048
17,793   17,167 626
116,150   73,406 42,744
36,456   31,623 4,833
16,535   13,038 3,497
411   414 -3
49,730   49,730  
135,264   137,790 -2,526
14,359   12,581 1,778
758   782 -24
1,383   1,407 -24
126,214   117,894 8,320
143,478   130,722 12,756
1,199   1,208 -9
36,992   38,483 -1,491
12,251   11,251 1,000
47,221   39,798 7,423
29,547   17,386 12,161
13,080   20,095 -7,015
13,950   11,533 2,417
17,007   18,687 -1,680
17,865   12,515 5,350
28,101   33,181 -5,080
5,535   2,889 2,646
30,403   13,301 17,102
22,346   29,433 -7,087
5,949   5,913 36
125,496   121,364 4,132
6,124   6,239 -115
116,983   115,574 1,409
21,756   16,457 5,299
10,548   10,126 422
11,372   11,157 215
62,420   23,915 38,505
169,303   169,721 -418
8,058   8,854 -796
25,679   28,127 -2,448
59,881   53,065 6,816
6,612   6,264 348
11,533   12,249 -716
3,158   3,266 -108
1,122   1,148 -26
693   656 37
23,373   25,449 -2,076
10,239   16,959 -6,720
20,431   20,179 252
33,866   31,160 2,706
94,658   97,620 -2,962
91,416   86,301 5,115
      125,562
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       5,464
b       12,641
c       14,803
d       243
e       -112
      -1,340
      2,048
      626
      42,744
      4,833
      3,497
      -3
       
      -2,526
      1,778
      -24
      -24
      8,320
      12,756
      -9
      -1,491
      1,000
      7,423
      12,161
      -7,015
      2,417
      -1,680
      5,350
      -5,080
      2,646
      17,102
      -7,087
      36
      4,132
      -115
      1,409
      5,299
      422
      215
      38,505
      -418
      -796
      -2,448
      6,816
      348
      -716
      -108
      -26
      37
      -2,076
      -6,720
      252
      2,706
      -2,962
      5,115
       
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 2 305,930
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 422,526 8,197,499 0.051543
2016 417,387 7,728,786 0.054004
2015 426,035 8,001,239 0.053246
2014 394,621 8,647,363 0.045635
2013 386,265 8,361,374 0.046196
2
Total of line 1, column (d) .....................
2
0.250624
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
0.050125
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,047,855
5
Multiply line 4 by line 3......................
5
403,399
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,159
7
Add lines 5 and 6........................
7
407,558
8
Enter qualifying distributions from Part XII, line 4,.............
8
409,228
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 4,159
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,159
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,159
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,405
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,405
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 10 246
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet246 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Wells Fargo Bank NA TRUSTEE
    1     		79,597    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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.........................bullet  
    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
    7,916,236
    b
    Average of monthly cash balances.......................
    1b
    254,175
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,170,411
    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
    8,170,411
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    122,556
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,047,855
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    402,393
    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
    402,393
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,159
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,159
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    398,234
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    398,234
    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
    398,234
    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
    409,228
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    409,228
    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
    4,159
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    405,069
    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 7 398,234
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 325,588
    b Total for prior years:2016, 2015, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 409,228
    a Applied to 2017, but not more than line 2a 325,588
    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..... 83,640
    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 ..........     		314,594
    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.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    VIRGINIA UNITED METHODIST HOMES INC
    5101 COX RD STE 225
    GLEN ALLEN,VA23060     		NONE PC GENERAL OPERATING 390,000
    Total .................................bullet 3a 390,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 186,497  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 305,930  
    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)..   492,427  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    492,427
    (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:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,702     1,702

    TY 2018 InvestmentsOtherSchedule2
    Name:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Y2573F102 FLEXTRONICS INTL LTD AT COST 28,637 26,824
    037833100 APPLE COMPUTER INC C AT COST 35,568 107,353
    25243Q205 DIAGEO PLC - ADR AT COST 47,433 57,269
    654106103 NIKE INC CL B AT COST 34,118 50,581
    872540109 TJX COS INC NEW AT COST 11,267 20,003
    883556102 THERMO FISHER SCIENT AT COST 20,915 64,893
    192446102 COGNIZANT TECH SOLUT AT COST 46,366 55,010
    254687106 WALT DISNEY CO AT COST 22,617 46,829
    693390700 PIMCO TOTAL RET FD-I AT COST 240,493 240,013
    46625H100 JPMORGAN CHASE & CO AT COST 40,308 63,660
    09260C703 BLACKROCK GL L/S CRE AT COST 251,795 241,220
    87234N765 TCW EMRG MKTS INCM-I AT COST 398,820 402,812
    94987W539 WF EMERGING MARKETS AT COST 249,792 485,493
    02079K107 ALPHABET INC/CA AT COST 43,562 83,994
    150870103 CELANESE CORP AT COST 27,061 47,053
    848574109 SPIRIT AEROSYTSEMS H AT COST 11,582 23,712
    285512109 ELECTRONIC ARTS INC AT COST 27,604 26,818
    594918104 MICROSOFT CORP AT COST 36,249 140,038
    084670702 BERSHIRE HATHAWAY IN AT COST 17,332 40,260
    779919307 T ROWE PR REAL ESTAT AT COST 74,100 80,165
    77958B402 T ROWE PRICE INST FL AT COST 49,493 49,151
    G29183103 EATON CORP PLC AT COST 20,968 35,498
    512807108 LAM RESEARCH CORP CO AT COST 24,851 29,055
    911312106 UNITED PARCEL SERVIC AT COST 44,819 44,631
    63872T885 ASG GLOBAL ALTERNATI AT COST 164,596 160,180
    277923264 EATON VANCE GLOB MAC AT COST 263,963 242,479
    46434G103 ISHARES CORE MSCI EM AT COST 231,067 239,497
    64128R608 NEUBERGER BERMAN LON AT COST 152,891 159,426
    375558103 GILEAD SCIENCES INC AT COST 26,515 30,234
    87612E106 TARGET CORP AT COST 20,488 29,056
    09247X101 BLACKROCK INC AT COST 35,951 46,538
    94988A668 WF SPECIAL SM CAP VA AT COST 169,198 199,984
    609207105 MONDELEZ INTERNATION AT COST 52,864 56,356
    693475105 PNC FINANCIAL SERVIC AT COST 36,904 46,627
    26875P101 EOG RESOURCES, INC AT COST 39,538 34,780
    56501R106 MANULIFE FINANCIAL C AT COST 20,707 24,054
    04314H600 ARTISAN MID CAP FUND AT COST 280,523 287,825
    867224107 SUNCOR ENERGY INC NE AT COST 46,297 61,339
    00203H859 AQR MANAGED FUTURES AT COST 289,692 239,639
    517834107 LAS VEGAS SANDS CORP AT COST 41,661 50,065
    H84989104 TE CONNECTIVITY LTD AT COST 32,270 36,941
    172967424 CITIGROUP INC AT COST 42,521 56,622
    47803M168 JOHN HANCOCK II-CURR AT COST 170,062 159,626
    12572Q105 CME GROUP INC AT COST 24,296 50,025
    78463X863 SPDR DJ WILSHIRE INT AT COST 76,335 80,088
    072730302 BAYER A G SPONSORED AT COST 14,939 11,753
    17275R102 CISCO SYSTEMS INC AT COST 40,343 70,666
    437076102 HOME DEPOT INC AT COST 28,245 35,177
    771195104 ROCHE HOLDINGS LTD - AT COST 36,351 43,832
    907818108 UNION PACIFIC CORP AT COST 35,239 70,434
    880196878 TEMPLETON FOREIGN FU AT COST 239,515 269,779
    77956H435 T ROWE PR OVERSEAS S AT COST 277,183 280,533
    4812C0803 JPMORGAN HIGH YIELD AT COST 107,411 111,587
    00888Y508 INV BALANCE RISK COM AT COST 167,183 159,187
    405217100 HAIN CELESTIAL GROUP AT COST 15,020 13,081
    94988A676 WFA SMALL COMPANY GR AT COST 139,950 198,559
    58933Y105 MERCK & CO INC NEW AT COST 37,987 46,742
    00206R102 AT & T INC AT COST 56,339 57,105
    98978V103 ZOETIS INC AT COST 34,720 36,279
    097023105 BOEING COMPANY AT COST 35,326 61,594
    126650100 CVS/CAREMARK CORPORA AT COST 38,581 38,168
    532457108 ELI LILLY & CO COM AT COST 36,026 39,781
    89151E109 TOTAL FINA ELF S.A. AT COST 49,889 54,918
    91324P102 UNITEDHEALTH GROUP I AT COST 13,328 69,033
    H42097107 UBS GROUP AG AT COST 24,697 22,869
    31641Q763 FIDELITY NEW MRKTS I AT COST 496,832 482,595
    339128100 JP MORGAN MID CAP VA AT COST 170,486 279,383
    94987W794 WFA TOTAL RETURN BON AT COST 563,464 560,033

    TY 2018 OtherDecreasesSchedule
    Name:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Description Amount
    MUTUAL FUND TIMING DIFFERENCE 2,857


    TY 2018 OtherExpensesSchedule
    Name:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ADMINISTRATIVE EXPENSE 2,463 0   2,463
    OTHER ADMINISTRATIVE EXPENSE 2,463 0   2,463
    FILING FEE/STATE TAX 2,320 0   2,320
    FILING FEE/STATE TAX 2,320 0   2,320
    INVESTMENT EXPENSES-DIVIDEND I 80 80   0


    TY 2018 OtherIncreasesSchedule
    Name:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Description Amount
    ROUNDING 5


    TY 2018 TaxesSchedule
    Name:
    TUW ETHEL M SCHEPMOES
    EIN:
    54-6372603
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,734 2,734   0
    FEDERAL TAX PAYMENT - PRIOR YE 498 0   0
    FEDERAL ESTIMATES - PRINCIPAL 4,405 0   0
    FOREIGN TAXES ON NONQUALIFIED 2,106 2,106   0