Scurlock Foundation — Form 990PF, tax year 2018

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Form990-PF
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018

Name of foundation
Scurlock Foundation

Number and street (or P.O. box number if mail is not delivered to street address)2229 San Felipe
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77019

A Employer identification number

74-1488953

B Telephone number (see instructions)

(713) 236-1500

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$31,448,598J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	45,293		45,293
4	Dividends and interest from securities...	328,119		328,119
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		797,573
b	Gross sales price for all assets on line 6a 4,623,713
7	Capital gain net income (from Part IV, line 2)...			543,283
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).......		431,687	450,961
12	Total. Add lines 1 through 11........	1,602,672		1,367,656
13	Compensation of officers, directors, trustees, etc.	98,160		17,420	77,864
14	Other employee salaries and wages......	57,572		24,656	28,771
15	Pension plans, employee benefits.......	13,824		3,732	9,470
16a	Legal fees (attach schedule).........		1,800	1,800
b	Accounting fees (attach schedule).......		14,011	5,006	7,006
c	Other professional fees (attach schedule)....		75,165	64,456
17	Interest...............	113		113
18	Taxes (attach schedule) (see instructions)...		42,862	17,999
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............	60,631		16,367	41,934
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		211,445	184,190	17,620
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	575,583		335,739	182,665
25	Contributions, gifts, grants paid.......	314,250			1,264,250
26	Total expenses and disbursements. Add lines 24 and 25	889,833		335,739	1,446,915
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	712,839
b	Net investment income (if negative, enter -0-)			1,031,917
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	2,404,309	1,801,892	1,801,892
	3	Accounts receivable 197,091
		Less: allowance for doubtful accounts	16,928	197,091	197,091
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	64,730
	10a	Investments—U.S. and state government obligations (attach schedule)	420,494	250,435	250,435
	b	Investments—corporate stock (attach schedule).......	11,300,762	12,903,684	12,903,684
	c	Investments—corporate bonds (attach schedule).......	2,015,348	157,619	157,619
	11	Investments—land, buildings, and equipment: basis 1,226,382
		Less: accumulated depreciation (attach schedule) 1,199,279	27,103	27,103	556,457
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	16,731,484	15,581,420	15,581,420
	14	Land, buildings, and equipment: basis 12,718
		Less: accumulated depreciation (attach schedule) 12,718
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	32,981,158	30,919,244	31,448,598
	17	Accounts payable and accrued expenses..........	94,468	9,391
	18	Grants payable.................	2,605,000	470,000
	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 )
	23	Total liabilities (add lines 17 through 22).........	2,699,468	479,391
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	34,548,881	34,548,881
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	-4,267,191	-4,109,028
	30	Total net assets or fund balances (see instructions).....	30,281,690	30,439,853
	31	Total liabilities and net assets/fund balances (see instructions).	32,981,158	30,919,244

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

30,281,690

Enter amount from Part I, line 27a .....................

712,839

Other increases not included in line 2 (itemize) bullet

1,185,000

Add lines 1, 2, and 3 ..........................

32,179,529

Decreases not included in line 2 (itemize) bullet

1,739,676

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

30,439,853

Form 990-PF (2018)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	Publicly traded securities
b	Passthrough K-1 capital gain
c	Settlement proceeds
d	CPI Biotechnology II Private Investors LLC	P	2010-01-01	2018-12-28
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,271,892	4,078,995	192,897
b	345,997		345,997
c	4,627		4,627
d	1,197	1,435	-238
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			192,897
b			345,997
c			4,627
d			-238
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	543,283
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 ...................		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? Yes No

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	1,727,616	29,815,683	0.05794
2016	1,982,344	30,095,117	0.06587
2015	2,481,826	32,139,554	0.07722
2014	1,975,778	34,309,507	0.05759
2013	1,748,652	33,365,719	0.05241

Total of line 1, column (d) .....................

0.311028

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 ......

0.062206

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

32,076,983

Multiply line 4 by line 3......................

1,995,381

Enter 1% of net investment income (1% of Part I, line 27b)...........

10,319

Add lines 5 and 6........................

2,005,700

Enter qualifying distributions from Part XII, line 4,.............

1,446,915

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)

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 and enter “N/A" on line 1.
	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	20,638
	hereand 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
3	Add lines 1 and 2...........................	3	20,638
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	20,638
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	13,000
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	26,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	39,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	46
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	18,316
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax18,316	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

www.scurlockfoundation.org

The books are in care of bullet

Jack S Blanton Jr Telephone no. bullet

(713) 236-1500

Located at bullet

2229 San Felipe Ste 1400HoustonTX ZIP+4 bullet

77019

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)	(e) Expense account, other allowances
Elizabeth Wareing	Pres/Asst. Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Pres/Asst. Sec. 2.00	0
Jack Blanton Jr	VP/Asst. Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	VP/Asst. Sec. 2.00	0
Eddy Blanton	VP/Sec. 2.00	0
2229 San Felipe Ste 1400 Houston,TX77019	VP/Sec. 2.00	0
Licia Cosgrove	Treas/Asst. Sec 8.00	47,190	3,395
2229 San Felipe Ste 1400 Houston,TX77019	Treas/Asst. Sec 8.00	47,190	3,395
Kathy Munger	Executive Dir 33.00	51,000
2229 San Felipe Ste 1400 Houston,TX77019	Executive Dir 33.00	51,000
Julie Wareing Aldrich	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Eddy S Blanton Jr	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Jackson Blanton	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Mary Catherine Blanton Jones	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0
Allison Blanton Stasney	Director 1.00	0
2229 San Felipe Ste 1400 Houston,TX77019	Director 1.00	0

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...................

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
Fidelity Brokerage Services LLC	Investment mgmt	50,853
PO Box 28019 Albuquerque,NM87125	Investment mgmt	50,853

Total number of others receiving over $50,000 for professional services............. bullet

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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,234,643

Average of monthly cash balances.......................

1,875,096

Fair market value of all other assets (see instructions)................

16,455,726

Total (add lines 1a, b, and c).........................

32,565,465

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

32,565,465

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

488,482

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

32,076,983

Minimum investment return. Enter 5% of line 5..................

1,603,849

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.)

Minimum investment return from Part X, line 6....................

1,603,849

Tax on investment income for 2018 from Part VI, line 5......

20,638

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

20,638

Distributable amount before adjustments. Subtract line 2c from line 1............

1,583,211

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,583,211

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,583,211

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,446,915

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,446,915

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,446,915

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7			1,583,211
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2018:
a From 2013......	22,348
b From 2014......	304,395
c From 2015......	884,717
d From 2016......	493,069
e From 2017......	321,056
fTotal of lines 3a through e........		2,025,585
4Qualifying distributions for 2018 from Part
XII, line 4: $ 1,446,915
a Applied to 2017, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....			1,446,915
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2018.		136,296	136,296
(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		1,889,289
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		1,889,289
10 Analysis of line 9:
a Excess from 2014....	190,447
b Excess from 2015....	884,717
c Excess from 2016....	493,069
d Excess from 2017....	321,056
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
A Shelter for Cancer Families 2726 Bissonnet Ste 240-314 Houston,TX77005	N/A	PC	Catwalk	500
AD Players 5420 Westheimer Houston,TX77056	N/A	PC	General support	35,000
Agape Development Ministries PO Box 460061 Houston,TX77056	N/A	PC	Emerging social enterprise and general support	12,500
Asia Society Texas Center 1370 Southmore Blvd Houston,TX77004	N/A	PC	In honor of Sultana and Moez Mangalji	1,000
Barbara Bush Fdn for Family Literac 7887 San Felipe Ste 250 Houston,TX77063	N/A	PC	Celebration of Reading	15,250
Breakthrough Houston 2401 Claremont Ln Houston,TX77019	N/A	PC	General support	3,000
Brookwood Community 1752 FM 1489 Brookshire,TX77423	N/A	PC	General support	10,000
Buffalo Bayou Partnership 1019 Commerce St Houston,TX77002	N/A	PC	General support	2,500
Camp for All Foundation 3701 Kirby Drive 570 Houston,TX77092	N/A	PC	General support	2,500
Campus Crusade for Christ Inc 100 Lake Hart Dr MC 3900 Orlando,FL32832	N/A	PC	General support	4,000
CanCare of Houston Inc 9575 Katy Freeway Suite 428 Houston,TX77024	N/A	PC	General support	2,500
Healthcare for the Homeless PO Box 66690 Houston,TX77266	N/A	PC	General support	1,850
Houston Ballet Foundation 601 Preston Houston,TX77002	N/A	PC	Jubilee of Dance	1,500
Houston Food Bank 535 Portwall Street Houston,TX77029	N/A	PC	Backpacks for Buddies	2,500
Houston Hospice 1905 Holcombe Houston,TX77030	N/A	PC	General support	5,000
Houston Tri Delta Philanthropies In PO Box 131262 Houston,TX77219	N/A	PC	The Sale	250
International Justice Mission PO Box 58147 Washington,DC20037	N/A	PC	General support	500
Rice Univ Jones School of Business PO Box 1892 Houston,TX77251	N/A	PC	Leslie and Jack Endowment scholarship	20,000
Julie Rogers Gift of Life Program PMB 46 148 S Dowlen Road Beaumont,TX77707	N/A	PC	General support	5,000
Lawndale Art Center 4912 Main St Houston,TX77002	N/A	PC	Spring event	2,500
Letting Everyone Achieve Dreams PO Box 25112 Houston,TX77265	N/A	PC	General support	2,500
Lone Star Flight Museum PO Box 3099 Galveston,TX77552	N/A	PC	General support	1,500
Lord of the Streets Episcopal Churc 3401 Fannin St Houston,TX77004	N/A	PC	General support	5,000
Methodist Hospital Foundation PO Box 4384 Houston,TX77210	N/A	PC	Society for Leading Medicine, Elizabeth Blanton Wareing Endowed Chair, and Translational Research Initiative	216,000
Mexico Medical Missions 1302 Waugh Drive 685 Houston,TX77019	N/A	PC	General support	10,000
Museum of Fine Arts Houston PO Box 25026 Houston,TX77265	N/A	PC	Bayou Bend Collection & Gardens and general support	146,500
Pageville Missionary Baptist Church 4131 Clayhead Rd Richmond,TX77406	N/A	PC	In honor of Emily Cooksey	5,000
Phi Beta Kappa Alumni of Greater Ho PO Box 25283 Houston,TX77265	N/A	PC	General support	3,000
Prison Entrepreneurship Program PO Box 926274 Houston,TX77292	N/A	PC	Workforce Training & Entrepreneurship Development Program	15,000
Rice University 6100 Main Street MS 70 Houston,TX77005	N/A	PC	Jackson annual fund	10,000
River Oaks Baptist School 2300 Willowick Houston,TX77027	N/A	PC	General support	1,000
Salvation Army 1500 Austin Houston,TX77002	N/A	PC	General support	10,000
St Johns School 2401 Claremont Houston,TX77019	N/A	PC	Paul Chapman Memorial Fund, Headmasters Fund, and general support	53,200
Star of Hope Mission 4848 Loop Central Dr Ste 500 Houston,TX77081	N/A	PC	General support	5,000
Teach for America 2 Greenway Plaza Ste 500 Houston,TX77046	N/A	PC	General support	5,000
Texas Children's Hospital Foundatio 1919 South Braeswood Blvd Ste 5214 Houston,TX77030	N/A	PC	Peanut Allergy Desensitization Study	100,000
Texas Cultural Trust Post Office Box 13406 Austin,TX78711	N/A	PC	General support	1,200
Texas Neurofibromatosis Foundation 320 Decker Dr Suite 100 Irving,TX75062	N/A	PC	Cookies with Santa	1,000
The Children's Museum of Houston 1500 Binz Houston,TX77004	N/A	PC	Young professionals group and general support	3,500
The Diaper Foundation PO Box 667109 Houston,TX77266	N/A	PC	General support	2,000
The Food Allergy and Anaphylaxis Ne 7925 Jones Branch Dr Ste 1100 McLean,VA22102	N/A	PC	Walk	5,000
The Forge for Families Inc 3435 Dixie Dr Houston,TX77021	N/A	PC	Luncheon, HIS Hoops program, and general support	10,000
The Immunization Partnership PO Box 5168 Katy,TX77491	N/A	PC	General support	2,500
The University of Texas Foundation PO Box 250 Austin,TX78767	N/A	PC	Tennis Center, Blanton Museum, and general support	475,000
The UT MD Anderson Cancer Center PO Box 4486 Houston,TX77210	N/A	GOV	Sprint for Life	15,000
The WorkFaith Connection 10120 Northwest Freeway Ste 200 Houston,TX77092	N/A	PC	General support	5,000
Tri Delta Sorority Foundation PO Box 80828 Atlanta,GA30366	N/A	PC	General support	1,000
University of St Thomas 3800 Montrose Blvd Houston,TX77006	N/A	PC	General support	1,000
Wiley College 711 Wiley Ave Marshall,TX75670	N/A	PC	General support	4,000
Yellowstone Academy - Foundation fo 3000 Trulley Houston,TX77004	N/A	PC	General support	5,000
Young Audiences 4550 Post Oak Place Ste 230 Houston,TX77027	N/A	PC	General support	5,000
Young Life Greater Houston Region 900 Town Country Ste 302 Houston,TX77024	N/A	PC	General support	5,000
Zina Garrison All Court Tennis Acad 1333 Old Spanish Trail Ste G 175 Houston,TX77054	N/A	PC	General support	6,500
Total ................................. 3a				1,264,250

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	45,293
4 Dividends and interest from securities....			14	328,119
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 ............	525990	254,290	18	543,283
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOil and gas royalties			15	218,580
bPassthrough K-1 income	525990	-19,472	14	232,579
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		234,818		1,367,854

13Total. Add line 12, columns (b), (d), and (e)..................

1,602,672

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:	18007218
Software Version:	2018v3.1

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Tax compliance	14,011	5,006	0	7,006

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Name of Bond	End of Year Book Value	End of Year Fair Market Value
4,000 Abbvie Inc Note Call 11/06/42	3,518	3,518
6,000 Ace Ina Hldgs Note Call 05/03/26	5,869	5,869
4,000 Ace Ina Hldgs Note Call 05/03/26	3,913	3,913
2,000 Actavis Funding Scs Note 03/15/25	1,952	1,952
4,000 Amazon Inc Note Call 08/22/27	3,862	3,862
4,000 Amazon Inc Note Call 08/22/27	3,862	3,862
3,000 Amgen Inc Note Call 05/22/24	2,991	2,991
2,000 Bank Amer Corp Mtn 08/01/25	1,979	1,979
2,000 Bank of Montreal Note 12/12/19	1,981	1,981
2,000 Bank of Nova Scotia Note 12/16/25	1,991	1,991
4,000 Cisco Systems Inc Note 02/28/21	3,947	3,947
2,000 Cisco Systems Inc Note 06/15/21	1,989	1,989
4,000 Citigroup Inc Mtn 04/27/25	3,799	3,799
1,000 CitiGroup Inc Note 07/25/28	938	938
3,000 CitiGroup Inc Note 09/29/27	2,892	2,892
4,000 Costco Wholesale Coc Note 02/15/22	3,910	3,910
4,000 CVS Health Corp Note Call 08/12/24	3,879	3,879
4,000 Discovery Communications 09/20/19	3,958	3,958
4,000 Dominion Energy Note Call 10/01/25	3,985	3,985
4,000 EOG Res Inc Note Call 03/15/23	3,843	3,843
4,000 Express Scripts Hldgs Nt 06/15/24	3,885	3,885
2,000 FirstEnergy Note Call 07/15/27	1,938	1,938
2,000 General Mtrs Finl Co Note 01/05/23	1,883	1,883
3,000 Harris Corp Del Note Call 04/27/25	2,943	2,943
2,000 Huntington Bancshares Nt 03/14/21	1,991	1,991
4,000 JPMorgan Chase & Co Note 02/01/28	3,883	3,883
4,000 JPMorgan Chase & Co Note 09/23/22	3,968	3,968
4,000 Lockheed Martin Note Call 03/01/45	3,645	3,645
6,000 Metlife Inc Note Call 04/10/24	6,041	6,041
4,000 Metlife Inc Note Call 04/10/24	4,028	4,028
3,000 Microsoft Corp Note Call 02/06/27	2,972	2,972
4,000 Microsoft Corp Note Call 08/08/46	3,832	3,832
4,000 Mid-America Apts Nt Call 06/01/27	3,860	3,860
5,000 Morgan Stanley Mtn 10/24/23	4,976	4,976
5,000 National Oilwell Varco Nt 12/01/22	4,720	4,720
3,000 Newell Brands Inc Note 04/01/26	2,932	2,932
4,000 Nvidia Corp Note Call 09/16/26	3,794	3,794
4,000 Nvidia Corp Note Call 09/16/26	3,794	3,794
2,000 Pfizer Inc Note Call 06/15/23	1,991	1,991
4,000 Priceline Grp Inc Note 03/15/28	3,768	3,768
2,000 Regions Fin Corp New Note 02/08/21	1,987	1,987
2,000 Royal Bank of Canada Note 01/27/26	2,059	2,059
4,000 Ventas Rlty Ltd Ptr Note 01/15/23	3,900	3,900
5,000 Verizon Communications 03/16/27	5,009	5,009
3,000 Verizon Communications 03/16/27	3,002	3,002
3,000 Walgreens Boots Alliance 11/18/19	2,983	2,983
3,000 Wells Fargo Co Note 10/23/26	2,777	2,777

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Name of Stock	End of Year Book Value	End of Year Fair Market Value
425 ABB Ltd Sponsored ADR	8,079	8,079
162 Abbvie Inc Com	14,935	14,935
412 Accenture PLC Cls A	58,096	58,096
158 Adobe Sys Inc	35,746	35,746
65 Advance Auto Parts Inc	10,235	10,235
1,008 Advanced Micro Devices Inc	18,608	18,608
1,047 AES Corp	15,140	15,140
1,021 AES Corp	14,764	14,764
112 Akamai Tech Inc	6,841	6,841
682 Allianz SE ADR	13,654	13,654
52 Alphabet Inc Cap Stk CL A	54,338	54,338
47 Amazon.Com Inc	70,593	70,593
474 American Express	45,182	45,182
142 American Tower Corp	22,463	22,463
153 Ameriprise Finl Inc	15,969	15,969
209 Amgen Inc	40,686	40,686
77 Amgen Inc	14,990	14,990
1,254 Amplify Energy Corp	10,910	10,910
5,453 Amplify Energy Corp Warr 05/04/22	273	273
443 Apple Inc	69,879	69,879
234 Aramark Com	6,779	6,779
420 Archer Daniels Midland	17,207	17,207
589 ARES Capital Corp	9,177	9,177
1,088 Assicurazioni Generali Spa Unsp	9,079	9,079
629 AT&T Inc	17,952	17,952
6,689 Athene Holding LTD	266,423	266,423
4,991 Athene Holding LTD Class A	198,791	198,791
151 Automatic Data Processing Inc	19,799	19,799
23 Autozone Inc	19,282	19,282
266 Axa Ads-Each Rep	5,734	5,734
392 Aztrazeneca ADR	14,888	14,888
293 Bae Systems Spon ADR	6,854	6,854
297 BB&T Corp	12,866	12,866
316 Berkshire Hathaway Inc	64,521	64,521
281 Berkshire Hathaway Inc Del Cl B	57,375	57,375
365 BHP Group Plc	15,290	15,290
110 Boeing Co	35,475	35,475
532 Bridgestone Corp ADR	10,270	10,270
110 Broadridge Financial Solutions	10,587	10,587
44 Burlington Stores Inc	7,157	7,157
747 C H Robinson Worldwide Inc	62,815	62,815
1,374 Cal Maine Foods Inc	58,120	58,120
526 Canon Inc	14,518	14,518
613 Caretrust REIT Inc	11,316	11,316
141 Caterpillar Inc	17,917	17,917
109 CBOE Global Markets	10,663	10,663
183 CBOE Global Markets	17,903	17,903
177 CDW Corp Com	14,346	14,346
60 Centene Corp Del	6,918	6,918
135 Centene Corp Del	15,565	15,565
606 Centerpoint Energy Inc	17,107	17,107
672 Centerpoint Energy Inc	18,971	18,971
218 Chemical Financial Corp	7,981	7,981
234 Chevron Corp	25,457	25,457
467 Chevron Corp	18,168	18,168
222 Church & Dwight Inc	14,599	14,599
219 Ciena Corp	7,426	7,426
160 Cincinnati Financial Corp	12,387	12,387
789 Cisco Sys Inc	34,187	34,187
623 Cisco Sys Inc	26,995	26,995
655 Citigroup Inc	34,099	34,099
208 CMS Energy Corp	10,327	10,327
423 Coca Cola Co	20,029	20,029
709 Coca Cola Co	33,571	33,571
806 Comcast Corp	27,444	27,444
878 Conoco Phillips	54,743	54,743
767 Conoco Phillips	47,822	47,822
1,000 Conoco Phillips	62,350	62,350
125 Coresite Realty Corp	10,904	10,904
88 Costco	17,926	17,926
2,121 Credit Agricole S A ADR	11,432	11,432
135 Crown Castle Intl Corp	20,096	20,096
88 Cummins Inc	11,760	11,760
384 CVS Health Corp	25,160	25,160
102 Cyber-Ark Software LTD	7,562	7,562
1,481 Daimler AG UNSP ADR	19,416	19,416
156 Danaher Corp Com	16,087	16,087
135 DBS Group Hldgs Lts Sponsored ADR	9,386	9,386
631 Deutsche TeleKom AG Sponsored ADR	10,690	10,690
109 Diamondback Energy Inc	10,104	10,104
293 Dicks Sporting Goods Inc	9,142	9,142
112 Digital Rlty Tr Inc	18,007	18,007
1,285 Discover Financial Services	75,789	75,789
346 Disney Walt Co	37,939	37,939
156 Dominion Energy Inc	11,148	11,148
700 Dow Dupont Inc	37,436	37,436
254 Duke Energy Corp	21,920	21,920
140 Edwards Lifesciences	21,444	21,444
884 Emerson Electric Co	52,819	52,819
152 Entergy Corp	13,083	13,083
67 Epam Sys Inc Com	7,773	7,773
184 Euronet Worldwide Inc	18,838	18,838
650 Exxon Mobil	44,323	44,323
403 Exxon Mobil Corp	27,481	27,481
467 Ferrovail SA ADR	9,446	9,446
193 Firstcash Inc	13,964	13,964
343 FirstEnergy Corp	12,880	12,880
99 Fleetcor Technologies Inc Com	18,386	18,386
191 Garmin Ltd	12,094	12,094
150 Genuine Parts Co	14,403	14,403
888 Gilead Sciences Inc	55,544	55,544
167 Gilead Sciences Inc	10,446	10,446
246 Glaxosmithkline ADR	9,400	9,400
496 GlaxoSmithKline Adr	18,952	18,952
106 Global Pmts Inc Com	10,932	10,932
116 Green Dot Corp	9,224	9,224
160 HCA Healthcare	19,912	19,912
206 Healthcare Svcs Grp Inc	8,277	8,277
124 Heico Corp	9,607	9,607
216 Hengan Intl Group Co	7,863	7,863
700 Hess Corporation	28,350	28,350
107 Home Depot Inc	18,385	18,385
159 Honeywell Intl Inc	21,007	21,007
575 Host Hotels & Resorts Inc	12,636	12,636
135 Iberia Bank Corp	8,678	8,678
91 Icon Plc Shs	11,758	11,758
615 ING Groep N V Sponsored	6,556	6,556
202 Ingersoll-Rand PLC	18,428	18,428
866 Intel Corp	40,641	40,641
336 International Paper Co	13,561	13,561
1,037 Interpublic Group	21,393	21,393
569 Intesa Sanpaolo SPA	7,570	7,570
675 Invesco Exchng Traded Fd Tr II	9,092	9,092
273 Iron Mountain Inc	11,636	11,636
8,510 Ishares Core S&P Midcap ETF	1,413,171	1,413,171
6,640 IShares Iboxx Bond Fund	749,125	749,125
117 IShares IBoxx Hi Yld ETF	12,814	12,814
73 IShares IBoxx Inv-Gr Corp Bond ETF	9,138	9,138
17,400 Ishares MSCI EAFE Index Fund	1,022,772	1,022,772
5,220 Ishares Russell 2000 ETF	698,958	698,958
88 IShares Tr MBS ETF	9,209	9,209
958 IShares Tr MBS ETF	100,255	100,255
493 IShares Tr S&P PFD	16,875	16,875
582 Itau Unibanco Holdings SA	5,319	5,319
251 Johnson & Johnson	32,391	32,391
162 JPMorgan Chase & Co	15,814	15,814
493 JPMorgan Chase & Co	48,127	48,127
232 Kar Auction Services Inc	11,071	11,071
214 Kimberly Clark Corp	24,383	24,383
1,150 Kimberly Clark De Mex Sab de CV	9,139	9,139
837 Kinder Morgan Inc	12,873	12,873
287 Kohls Corp	19,040	19,040
352 Komatsu Adr	7,589	7,589
75 Laboratory Corp Amer Holdgs	9,477	9,477
451 Lam Research Corp	61,413	61,413
215 Lamar Advertising Co	16,534	16,534
34 Lennox INTL Inc	7,441	7,441
172 Lilly Eli & Co Com	19,904	19,904
119 Linde PLC	18,569	18,569
286 LKQ Corp Com	6,787	6,787
64 Lockheed Martin Corp	16,758	16,758
118 Lyondellbasell Industries N V	9,813	9,813
161 Macquarie Group Adr	12,315	12,315
11 Markel Corp	11,419	11,419
259 Maxim Integrated Prods Inc	13,170	13,170
154 McCormick & Co Inc	21,443	21,443
118 McDonalds Corp	20,953	20,953
350 Merck & Co Inc	26,743	26,743
1,021 Merck & Co Inc	78,015	78,015
226 Merck & Co Inc	17,269	17,269
270 Metlife Inc	11,086	11,086
794 Micorsoft Corp	80,647	80,647
425 Mobile Telesystems PJSC Spon SDR	2,975	2,975
336 Mosaic Co	9,815	9,815
410 National Storage Affiliates	10,849	10,849
97 Nestle S A Spon ADR	7,852	7,852
558 Nissan Motor Co Spon ADR	8,954	8,954
670 Nomad Foods Limited	11,202	11,202
889 Nordea BK Sweden AB Spon ADR	7,478	7,478
121 Novartis Spon Adr	10,383	10,383
204 Novo-Nordisk Adr	9,398	9,398
158 Occidental Petroleum Corp	9,698	9,698
1,000 Occidental Petroleum Corp	61,380	61,380
86 Old Dominion Fght Lines Inc	10,620	10,620
115 Ollies Bargain Outlet Hldings Inc	7,649	7,649
833 Omnicom Cap Inc	61,009	61,009
150 Omnicom Group Inc	10,986	10,986
361 Oracle Corp	16,299	16,299
597 Parsley Energy Inc	9,540	9,540
231 Paychex Inc	15,050	15,050
226 Paypal Holdings	19,004	19,004
797 Peoples united Financial Inc	11,501	11,501
594 Pepsico Inc	65,625	65,625
297 Pepsico Inc	32,813	32,813
179 Pepsico Inc	19,776	19,776
152 Perkinelmer Inc	11,940	11,940
545 Pfizer Inc	23,789	23,789
925 Pfizer Inc	40,376	40,376
7,505 Pimco Active Bond ETF	771,289	771,289
120 Post Holdings Inc	10,696	10,696
183 Pra Health Sciences Inc	16,829	16,829
294 Premier Inc	10,981	10,981
711 Price T Rowe Group Inc	65,639	65,639
435 Procter and Gamble Co	39,985	39,985
237 Procter and Gamble Co	21,785	21,785
365 Progressive Corp	22,020	22,020
127 Prudential Finl Inc	10,357	10,357
1,172 Public Service Enterprise Group	61,003	61,003
320 Qualcomm	18,211	18,211
114 Raytheon Co	17,482	17,482
12,500 Real Estate Select Sector SPDR Fd	408,115	408,115
88 Resmed Inc	10,021	10,021
136 Restaurant Brands Internatiional	7,113	7,113
497 Rio Tinto Adr	24,095	24,095
345 Roche Holdings Ltd Spon ADR	10,648	10,648
172 Ross Stores Inc	14,310	14,310
236 Royaal Dutch Shell	14,146	14,146
196 Royal Bank of Canada Com	13,430	13,430
191 Royal Dutch Shell PLC Spon ADR B	11,448	11,448
174 Ryman Hospitality Pptys Inc	11,604	11,604
954 Sekisui House Ltd Sponsored ADR	14,077	14,077
252 Sensata Tech Holdings	11,300	11,300
318 Servicemaster Global Holdings Inc	11,683	11,683
160 Siemens AG Aponsored ADR	8,906	8,906
102 Silverbow Resources Inc	2,411	2,411
550 Silverbow Resources Warr 04/22/19	22	22
550 Silverbow Resources Warr 04/22/20	77	77
64 Simon Ppty Grp Inc	11,927	11,927
257 Singapore Telecommunications Ltd	5,525	5,525
8,980 SPDR S&P Trust	2,244,282	2,244,282
120 SPDR Ser Tr S&P Biotech ETF	8,610	8,610
292 SS&C Tech Holdings Inc	13,172	13,172
295 Starbucks	18,998	18,998
882 Suntrust Banks Inc	44,488	44,488
674 Swire Pacific ADR	7,119	7,119
420 Taiwan Semiconductor Mfg Ltd	15,502	15,502
149 Target Corp	9,847	9,847
263 Telecom Argentina SA ADR	4,092	4,092
454 Terna Rete Elettrica Nazionale ADR	7,712	7,712
249 Ternium SA ADR	6,748	6,748
184 Texas Instruments Inc	17,388	17,388
86 Thermo Fisher Scientific	19,246	19,246
383 TJX Cos Inc	17,135	17,135
248 Tokyo Electron Ltd Adr	7,072	7,072
257 Toronto-Dominion Bank	12,778	12,778
234 Total SA Sponsored ADR	12,210	12,210
233 Tractor Supply	19,441	19,441
133 Tractor Supply Co	11,097	11,097
146 Transcanada Corp Com NPV	5,212	5,212
173 Transunion Com	9,826	9,826
53 Ulta Beauty Inc	12,976	12,976
149 Unilever PLC Spon ADR	7,785	7,785
139 Union Pacific Corp	19,214	19,214
236 United Continental Holdings Inc	19,760	19,760
171 United Parcel Svc Inc	16,678	16,678
69 United Rentals Inc	7,075	7,075
147 United Technologies Corp	15,653	15,653
290 Unitedhealth Group	72,245	72,245
169 Unitedhealth Group	42,101	42,101
99 Universal Health Inc	11,539	11,539
397 Upland Software	10,790	10,790
379 UPM Kymmene Corp Sponsored ADR	9,597	9,597
134 Verisk Analytics Inc Com	14,611	14,611
774 Verizon Communications	43,514	43,514
552 Verizon Communications	31,033	31,033
284 Visa Inc Com CL A	37,471	37,471
235 Wal-Mart Stores Inc	21,890	21,890
138 Waste Connections Inc	10,246	10,246
80 Watsco Inc	11,131	11,131
208 Webster Financial Waterbury Conn	10,252	10,252
845 Western Union Co	14,416	14,416
14 White Mountains Insurance Group	12,008	12,008
233 Zions Bancorp	9,492	9,492

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

US Government Securities - End of Year Book Value:

250,435

US Government Securities - End of Year Fair Market Value:

250,435

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

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2018 InvestmentsLandSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Land	27,103		27,103	41,829
Miscellaneous	1,199,279	1,199,279		514,628

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AESSF II Private Investors Offshore LP	FMV	85,598	85,598
AESSF III Private Investors Offshore LP	FMV	557,257	557,257
AP Alternative Assets Fund LP	FMV	1,460	1,460
AP IX (APAX) Private Inv Offshore LP	FMV	265,056	265,056
AP VIII (APAX) Private Inv Offshore LP	FMV	494,697	494,697
Blackstone RE VII Private Investors LP	FMV	385,563	385,563
BSREP II Private Investors Offshore LP	FMV	418,760	418,760
CAP II Private Investors Offshore LP	FMV	2,424	2,424
CAP IV Private Investors Offshore LP	FMV	271,090	271,090
CCMP Capital Investors (Cayman) II LP	FMV	5,172	5,172
CCMP III Private Investors Offshore LP	FMV	493,710	493,710
Commonfund Cap Co-Investment Opp 2015 LP	FMV	507,938	507,938
Commonfund Cap Gbl Pvt Eqty Ptrs 2014 LP	FMV	752,851	752,851
Commonfund Cap Secondary Ptrs 2015 LP	FMV	427,672	427,672
Commonfund Inst Core Equity Fund LLC	FMV	4,594,953	4,594,953
Commonfund Multi-Strategy Bond Inv LLC	FMV	1,109,105	1,109,105
CPI Biotechnology II Private Inv LP	FMV	803	803
DFJ Mercury II LP	FMV	412,222	412,222
DFJ Mercury Ventures Partners LP	FMV	109,201	109,201
GS Distressed Opp Fund II Offshore LP	FMV	17,162	17,162
GS Vintage Fund III Offshore LP	FMV	21,500	21,500
HPS Offshore Mezzanine Partners LP	FMV	66,795	66,795
JPM US RE I&G Finance Corp (Cayman)	FMV	373,923	373,923
KKR 2006 Fund Private Inv Offshore LP	FMV	182,083	182,083
KKR Euro Fd II Pvt Inv Offshore USD LP	FMV	5,727	5,727
McAlister Opportunity Fund 2012 LP	FMV	250,499	250,499
Merritt Capital Offshore Ltd	FMV	741,743	741,743
MidOcean III Private Inv Offshore LP	FMV	191,886	191,886
Offshore Mezzanine Partners III LP	FMV	350,940	350,940
SOF X Private Investors Offshore 1 LP	FMV	221,675	221,675
Taconic Offshore Fund 1.5 Ltd	FMV	1,990,455	1,990,455
Watford RE Ltd	FMV	271,500	271,500

- TIN:

TY 2018 LandEtcSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Furniture and Fixtures	11,401	11,401
Machinery and Equipment	1,317	1,317

- TIN:

TY 2018 LegalFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Royalty interest matter	1,800	1,800	0	0

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Description	Amount
Unrealized decline in value of investments	1,739,676

- TIN:

TY 2018 OtherExpensesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Bank fees	2,130	575	1,459
Insurance	4,108	1,109	2,814
K-1 expenses	167,514	158,985
Office expenses	19,011	5,132	13,072
Oil & gas expenses	18,281	18,281
Payroll fees	401	108	275

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Oil and gas royalties	218,580	218,580
Passthrough K-1 income	213,107	232,381

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Description	Amount
Accrual adjustment for multi-year pledges payable	1,185,000

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment management fees	74,880	64,171	0	0
Property tax consulting	285	285	0	0

- TIN:

TY 2018 TaxesSchedule

Name:

Scurlock Foundation

EIN:

74-1488953

Software ID:

18007218

Software Version:

2018v3.1

Category	Amount	Net Investment Income
990-T income tax	4,225
Excise tax	20,638
Foreign tax	6,613	6,613
Property tax	6,780	6,780
Severance tax	4,606	4,606