Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE RICBAC FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O ERIC ISSELBACHER PO BOX 600071
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTONVILLE, MA02460
A Employer identification number

04-2660137
B Telephone number (see instructions)

(617) 726-5610
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$53,777,076J 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) 1,450
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,308,637 1,308,637  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 541,421
b Gross sales price for all assets on line 6a 7,254,573
7 Capital gain net income (from Part IV, line 2)... 541,421
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 148,322 222,356  
12 Total. Add lines 1 through 11........ 1,999,830 2,072,414  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,000 25,000   75,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 18,543 9,272   9,271
b Accounting fees (attach schedule)....... Click to see attachment 23,000 17,250   5,750
c Other professional fees (attach schedule).... Click to see attachment 30,000 15,000   15,000
17 Interest............... 1,473 1,473   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 26,982 9,025   1,470
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 248,287 244,283   4,004
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 448,285 321,303   110,495
25 Contributions, gifts, grants paid....... 5,711,614 2,128,558
26 Total expenses and disbursements. Add lines 24 and 25 6,159,899 321,303   2,239,053
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,160,069
b Net investment income (if negative, enter -0-) 1,751,111
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 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............. 327,919 170,535 170,535
2 Savings and temporary cash investments......... 641,021 1,780,331 1,780,331
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 48,867,101 Click to see attachment49,176,451 49,437,917
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).......... 3,341,017 Click to see attachment2,131,378 2,233,521
14 Land, buildings, and equipment: basis bullet94,481
Less: accumulated depreciation (attach schedule) bullet3,551 90,930 Click to see attachment90,930 90,930
15 Other assets (describe bullet) Click to see attachment356,243 Click to see attachment63,842 Click to see attachment63,842
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 53,624,231 53,413,467 53,777,076
Liabilities 17 Accounts payable and accrued expenses.......... 89,098 55,347
18 Grants payable................. 2,825,948 6,809,004
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)......... 2,915,046 6,864,351
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........ 50,709,185 46,549,116
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 50,709,185 46,549,116
31 Total liabilities and net assets/fund balances (see instructions). 53,624,231 53,413,467
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
50,709,185
2
Enter amount from Part I, line 27a .....................
2
-4,160,069
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
46,549,116
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
46,549,116
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 ABBVIE INC COM      
b ABBVIE INC COM      
c ABBVIE INC COM      
d ENBRIDGE INC CAD      
e ENBRIDGE INC CAD      
ENBRIDGE INC CAD      
ENBRIDGE INC CAD      
ENBRIDGE INC CAD      
EXXON MOBIL CORP      
GARRETT MOTION INC      
GARRETT MOTION INC      
GARRETT MOTION INC      
GARRETT MOTION INC      
HASBRO INC      
HASBRO INC      
HASBRO INC      
HASBRO INC      
HASBRO INC      
MAXIM INTEGRATED PRODS      
MAXIM INTEGRATED PRODS      
MAXIM INTEGRATED PRODS      
MAXIM INTEGRATED PRODS      
MERCK & CO INC NEW COM      
MICROSOFT CORP      
MICROSOFT CORP      
MICROSOFT CORP      
PEPSICO INC      
PEPSICO INC      
PEPSICO INC      
PEPSICO INC      
PEPSICO INC      
PUBLIC STORAGE REIT      
PUBLIC STORAGE REIT      
PUBLIC STORAGE REIT      
RESIDEO TECHNOLOGIES INC      
RESIDEO TECHNOLOGIES INC      
RESIDEO TECHNOLOGIES INC      
RESIDEO TECHNOLOGIES INC      
TEXAS INSTRUMENTS      
VENTAS INC      
VENTAS INC      
VENTAS INC      
VENTAS INC      
VENTAS INC      
VENTAS INC      
VENTAS INC      
VENTAS INC      
WEC ENERGY GROUP INC COM      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMAZON.COM INC      
AMER EXPRESS CO      
AMER EXPRESS CO      
AMER EXPRESS CO      
AMER EXPRESS CO      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
ANALOG DEVICES INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
CISCO SYSTEMS INC      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
UNITED PARCEL SERVICE      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
VARIAN MEDICAL SYSTEMS      
GENERAL ELEC CAP CORP      
PACIFIC GAS & ELEC CO      
PFIZER INC NTS B/E      
PNC BANK NA B/E      
WELLS FARGO & CO B/E      
ALLIANZ SE ADR      
ALLIANZ SE ADR      
AMADEUS IT GROUP      
AMADEUS IT GROUP      
AMADEUS IT GROUP      
AMADEUS IT GROUP      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
AMCOR LTD NEW AU ADR      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BANCO BRADESCO S.A. NEW      
BRAMBLES LTD SPON ADR      
BRAMBLES LTD SPON ADR      
BRAMBLES LTD SPON ADR      
BRAMBLES LTD SPON ADR      
BRAMBLES LTD SPON ADR      
BRAMBLES LTD SPON ADR      
BROADCOM INC      
BROADCOM INC      
BROADCOM INC      
BROADCOM INC      
BROADCOM INC      
CARLSBERG AS SPON ADR      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CENOVUS ENERGY INC CAD      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CIELO S A SPON ADR      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CK HUTCHISON HLDGS LTD      
CSL LTD SPON ADR      
CSL LTD SPON ADR      
CSL LTD SPON ADR      
CSL LTD SPON ADR      
DEUTSCHE POST AG SPON      
DEUTSCHE POST AG SPON      
DEUTSCHE POST AG SPON      
DEUTSCHE POST AG SPON      
FOMENTO ECONOMICO      
FOMENTO ECONOMICO      
FOMENTO ECONOMICO      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
GROUPE CGI INC SV CL A      
JULIUS BAER GROUP LTD      
JULIUS BAER GROUP LTD      
JULIUS BAER GROUP LTD      
JULIUS BAER GROUP LTD      
JULIUS BAER GROUP LTD      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KASIKORNBANK PC      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
KROTON EDUCACIONAL SPON      
LAS VEGAS SANDS CORP      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
LLOYDS BANKING GROUP PLC      
NOVARTIS AG SPON ADR      
NOVARTIS AG SPON ADR      
OPEN TEXT CORP CAD      
OPEN TEXT CORP CAD      
OPEN TEXT CORP CAD      
OPEN TEXT CORP CAD      
OPEN TEXT CORP CAD      
PERNOD RICARD SA ADR      
PERNOD RICARD SA ADR      
PERNOD RICARD SA ADR      
PERNOD RICARD SA ADR      
PRADA S P A ADR      
PRADA S P A ADR      
PRADA S P A ADR      
PRADA S P A ADR      
RELX PLC SPON ADR      
RELX PLC SPON ADR      
RELX PLC SPON ADR      
RELX PLC SPON ADR      
ROYAL DUTCH SHELL PLC      
ROYAL DUTCH SHELL PLC      
ROYAL DUTCH SHELL PLC      
ROYAL DUTCH SHELL PLC      
SAP SE SPON ADR      
SAP SE SPON ADR      
SAP SE SPON ADR      
SAP SE SPON ADR      
SAP SE SPON ADR      
SAP SE SPON ADR      
SCHNEIDER ELEC SE      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
SMITH & NEPHEW PLC NEW      
TAIWAN SEMICONDUCTOR MFG      
TAIWAN SEMICONDUCTOR MFG      
TAIWAN SEMICONDUCTOR MFG      
UNTD OVERSEAS BK LTD      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WH GROUP LTD SPON ADR      
WOLTERS KLUWER NV      
WOLTERS KLUWER NV      
YAHOO JAPAN CORP ADR      
YAHOO JAPAN CORP ADR      
YAHOO JAPAN CORP ADR      
YAHOO JAPAN CORP ADR      
YAHOO JAPAN CORP ADR      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ADIENT PLC      
ALLIANT ENERGY CORP      
ALLIANT ENERGY CORP      
ALLIANT ENERGY CORP      
APPLIED INDL TECH INC      
APPLIED INDL TECH INC      
ARES CAPITAL CORP      
ARES CAPITAL CORP      
ARES CAPITAL CORP      
ARES CAPITAL CORP      
ARES CAPITAL CORP      
ARES CAPITAL CORP      
ASSURED GUARANTY LTD      
AVERY DENNISON CORP      
BANK OF THE OZARKS INC      
BANK OF THE OZARKS INC      
BANK OF THE OZARKS INC      
BANK OF THE OZARKS INC      
BANK OF THE OZARKS INC      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
BROADRIDGE FINANCIAL      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
COLONY NORTHSTAR INC      
CULLEN FROST BANKERS INC      
CULLEN FROST BANKERS INC      
CULLEN FROST BANKERS INC      
CULLEN FROST BANKERS INC      
CULLEN FROST BANKERS INC      
CULLEN FROST BANKERS INC      
EAST WEST BANCORP INC      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EPR PROPERTIES REIT      
EVERGY INC      
EVERGY INC      
EVERGY INC      
EVERGY INC      
EVERGY INC      
EVERGY INC      
GALLAGHER ARTHUR J & CO      
GALLAGHER ARTHUR J & CO      
GALLAGHER ARTHUR J & CO      
GALLAGHER ARTHUR J & CO      
GARMIN LTD SHS CHF      
GARMIN LTD SHS CHF      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
GRAMERCY PPTY TRUST      
H B FULLER CO      
H B FULLER CO      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HERCULES CAPITAL INC      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HNI CORP      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
HOLLYFRONTIER CORP COM      
J2 GLOBAL INC COM      
J2 GLOBAL INC COM      
J2 GLOBAL INC COM      
J2 GLOBAL INC COM      
LASALLE HOTEL PROPERTIES      
LASALLE HOTEL PROPERTIES      
LASALLE HOTEL PROPERTIES      
LASALLE HOTEL PROPERTIES      
LASALLE HOTEL PROPERTIES      
LEIDOS HLDGS INC      
LEIDOS HLDGS INC      
MAXIM INTEGRATED PRODS      
MAXIM INTEGRATED PRODS      
MAXIM INTEGRATED PRODS      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MEDICAL PROPERTIES TRUST      
MSC INDL DIRECT CO INC      
NEWMARK GROUP INC CL A      
NORDSTROM INC      
NORDSTROM INC      
NORDSTROM INC      
NORDSTROM INC      
NORDSTROM INC      
NORDSTROM INC      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
OMEGA HEALTHCARE INVS      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PEBBLEBROOK HOTEL TR      
PNM RESOURCES INC      
PNM RESOURCES INC      
PNM RESOURCES INC      
RPM INTL INC (DELA)      
RPM INTL INC (DELA)      
RPM INTL INC (DELA)      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SINCLAIR BROADCAST GROUP      
SNAP ON INC      
SNAP ON INC      
SNAP ON INC      
SNAP ON INC      
SNAP ON INC      
SNAP ON INC      
STERIS PLC GBP      
STERIS PLC GBP      
STERIS PLC GBP      
STERIS PLC GBP      
STERIS PLC GBP      
TANGER FACTORY OUTLET      
TANGER FACTORY OUTLET      
TRAVELPORT WORLDWIDE LTD      
TUPPERWARE BRANDS CORP      
TUPPERWARE BRANDS CORP      
TUPPERWARE BRANDS CORP      
TUPPERWARE BRANDS CORP      
TUPPERWARE BRANDS CORP      
TUPPERWARE BRANDS CORP      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VALIDUS HOLDINGS LTD      
VECTREN CORP      
VECTREN CORP      
VECTREN CORP      
VECTREN CORP      
VEONEER INC      
VEONEER INC      
VEONEER INC      
VEONEER INC      
VEONEER INC      
VEONEER INC      
VEONEER INC      
ASPEN TECHNOLOGY INC DEL      
BANK OZK      
BANK OZK      
BANK OZK      
CARLISLE COS INC      
CARLISLE COS INC      
CDW CORP      
CDW CORP      
CORE LABORATORIES N V      
CORE LABORATORIES N V      
CORE LABORATORIES N V      
CORE LABORATORIES N V      
CORE LABORATORIES N V      
COTIVITI HLDGS INC      
COTIVITI HLDGS INC      
COTIVITI HLDGS INC      
DRIL-QUIP INC      
DRIL-QUIP INC      
DRIL-QUIP INC      
DRIL-QUIP INC      
LANDSTAR SYSTEMS INC      
LANDSTAR SYSTEMS INC      
LANDSTAR SYSTEMS INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
MANHATTAN ASSOC INC      
PRIMERICA INC      
PRIMERICA INC      
PRIMERICA INC      
RBC BEARINGS INC      
RBC BEARINGS INC      
RBC BEARINGS INC      
RBC BEARINGS INC      
RBC BEARINGS INC      
RBC BEARINGS INC      
WYNN RESORTS LTD      
WYNN RESORTS LTD      
WYNN RESORTS LTD      
ISHARES CORE S&P TOTAL      
ISHARES EDGE MSCI MIN      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
VANGUARD INTER TERM      
ACCENTURE PLC IRELAND      
ADOBE INC. (DELAWARE)      
ALPHABET INC CL A      
AMERICAN TOWER CORP REIT      
AMERIPRISE FINANCIAL INC      
AMERISOURCEBERGEN CORP      
AMERISOURCEBERGEN CORP      
AMERISOURCEBERGEN CORP      
AMERISOURCEBERGEN CORP      
BLACKROCK INC      
COMCAST CORP NEW CL A      
DANAHER CORP      
DANAHER CORP      
ECOLAB INC      
FACEBOOK INC CL A      
GARRETT MOTION INC      
GARRETT MOTION INC      
GARRETT MOTION INC      
GARRETT MOTION INC      
GARRETT MOTION INC      
HOME DEPOT INC      
HONEYWELL INTL INC      
INTERCONTINENTALEXCHANGE      
INTERCONTINENTALEXCHANGE      
INVESCO LTD      
INVESCO LTD      
INVESCO LTD      
INVESCO LTD      
INVESCO LTD      
LOWES COMPANIES INC      
LOWES COMPANIES INC      
MEDTRONIC PLC      
MONDELEZ INTL INC      
O REILLY AUTOMOTIVE INC      
O REILLY AUTOMOTIVE INC      
O REILLY AUTOMOTIVE INC      
O REILLY AUTOMOTIVE INC      
PARKER HANNIFIN CORP      
RED HAT INC      
ROCKWELL AUTOMATION INC      
ROCKWELL AUTOMATION INC      
STARBUCKS CORP      
STARBUCKS CORP      
STARBUCKS CORP      
STARBUCKS CORP      
STARBUCKS CORP      
STARBUCKS CORP      
THERMO FISHER SCIENTIFIC      
TJX COS INC NEW      
TJX COS INC NEW      
UNTD TECHNOLOGIES CORP      
UNTD TECHNOLOGIES CORP      
VISA INC CL A      
CISCO SYSTEMS INC      
INTEL CORP      
NORTHROP GRUMMAN CORP      
RAYTHEON CO NEW      
CHEVRON CORP      
CHEVRON CORP      
CHEVRON CORP      
CHEVRON CORP      
MARATHON OIL CORP      
CA INC *MERGER: 11/2018*      
NORTHROP GRUMMAN CORP      
NORTHROP GRUMMAN CORP      
NORTHROP GRUMMAN CORP      
CONOCOPHILLIPS      
CONOCOPHILLIPS      
CONOCOPHILLIPS      
CA INC *MERGER: 11/2018*      
CA INC *MERGER: 11/2018*      
CA INC *MERGER: 11/2018*      
CA INC *MERGER: 11/2018*      
EXPRESS SCRIPTS HLDG CO      
MERCK & CO INC NEW COM      
CIGNA CORP      
EXPRESS SCRIPTS HLDG CO      
EXPRESS SCRIPTS HLDG CO      
EXPRESS SCRIPTS HLDG CO      
EXPRESS SCRIPTS HLDG CO      
EXPRESS SCRIPTS HLDG CO      
BP CAPITAL MARKETS PLC      
ENTERPRISE PRODUCTS OPER      
ENTERPRISE PRODUCTS OPER      
ENTERPRISE PRODUCTS OPER      
ENTERPRISE PRODUCTS OPER      
FNMA NTS      
FNMA NTS      
FNMA NTS      
FNMA NTS      
FNMA NTS      
FREDDIE MAC NTS      
FREDDIE MAC NTS      
FREDDIE MAC NTS      
FREDDIE MAC NTS      
FREDDIE MAC NTS      
FREDDIE MAC NTS      
U S TREAS INFL NT BOND      
U S TREAS INFL NT BOND      
UNITED STATES TREAS BILL      
UNITED STATES TREAS BOND      
UNITED STATES TREAS BOND      
UNITED STATES TREAS BOND      
UNITED STATES TREAS BOND      
UNITED STATES TREAS BOND      
UNITED STATES TREAS BOND      
ANGLO AMERN PLC SPON ADR      
ANGLO AMERN PLC SPON ADR      
AXA ADR      
AXA ADR      
BAIDU INC ADS REPSNTG CL      
BAIDU INC ADS REPSNTG CL      
BARCLAYS PLC ADR      
BARCLAYS PLC ADR      
BAYER A G SPON ADR      
BAYER A G SPON ADR      
BAYER A G SPON ADR      
BAYER A G SPON ADR      
BNP PARIBAS SA ADR      
BNP PARIBAS SA ADR      
BNP PARIBAS SA ADR      
BNP PARIBAS SA ADR      
BNP PARIBAS SA ADR      
BNP PARIBAS SA ADR      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CHINA BIOLOGIC PRODUCTS      
CREDIT SUISSE GROUP SPON      
CREDIT SUISSE GROUP SPON      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
CRH PLC IRELAND SPON ADR      
DEUTSCHE WOHNEN AG      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DEXUS PPTY GROUP REIT      
DIAGEO PLC NEW GB SPON      
DNB ASA SPON ADR      
DNB ASA SPON ADR      
DNB ASA SPON ADR      
DON QUIJOTE HOLDINGS CO      
DON QUIJOTE HOLDINGS CO      
DON QUIJOTE HOLDINGS CO      
DON QUIJOTE HOLDINGS CO      
FANUC CORP ADR      
FANUC CORP ADR      
FANUC CORP ADR      
FANUC CORP ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
FERGUSON PLC SPON ADR      
GALP ENERGIA SGPS SA ADR      
GALP ENERGIA SGPS SA ADR      
GEORGIA CAP PLC GBP      
GEORGIA CAP PLC GBP      
GEORGIA CAP PLC GBP      
GEORGIA CAP PLC GBP      
GEORGIA CAP PLC GBP      
GEORGIA CAP PLC GBP      
GLAXO SMITHKLINE PLC ADR      
HDFC BANK LTD ADR      
HDFC BANK LTD ADR      
HDFC BANK LTD ADR      
HDFC BANK LTD ADR      
HELLA KGAA HUECK & CO      
HELLA KGAA HUECK & CO      
INFINEON TECHNOLOGIES      
INFINEON TECHNOLOGIES      
INFINEON TECHNOLOGIES      
INFINEON TECHNOLOGIES      
INFINEON TECHNOLOGIES      
INFINEON TECHNOLOGIES      
ISHARES MSCI JAPAN ETF      
ISHARES MSCI JAPAN ETF      
ISHARES MSCI JAPAN ETF      
ISHARES MSCI JAPAN ETF      
ISHARES MSCI JAPAN ETF      
JAPAN AIRLINES CO      
LEG IMMOBILIEN AG EUR      
LEG IMMOBILIEN AG EUR      
LEG IMMOBILIEN AG EUR      
LOREAL CO ADR FRANCE ADR      
LOREAL CO ADR FRANCE ADR      
LOREAL CO ADR FRANCE ADR      
LOREAL CO ADR FRANCE ADR      
LOREAL CO ADR FRANCE ADR      
MITSUBISHI UFJ FINANCIAL      
MITSUBISHI UFJ FINANCIAL      
RELX PLC SPON ADR      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
ROYAL BANK SCOTLAND SPON      
SAP SE SPON ADR      
SKYLARK CO LTD ORD JPY      
SKYLARK CO LTD ORD JPY      
SKYLARK CO LTD ORD JPY      
SKYLARK CO LTD ORD JPY      
SOFTBANK GROUP CORP ADR      
SOFTBANK GROUP CORP ADR      
SOFTBANK GROUP CORP ADR      
SONY CORP ADR NEW JAPAN      
SONY CORP ADR NEW JAPAN      
SUNTORY BEVERAGE & FOOD      
SUNTORY BEVERAGE & FOOD      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TELEFONICA DEUTSCHLAND      
TOTAL S.A. FRANCE SPON      
UNILEVER NV N Y SHS NEW      
UNILEVER NV N Y SHS NEW      
UNILEVER NV N Y SHS NEW      
UNILEVER NV N Y SHS NEW      
VODAFONE GROUP PLC SPON      
VODAFONE GROUP PLC SPON      
VOLKSWAGEN A G SPON ADR      
WOLTERS KLUWER NV      
WOLTERS KLUWER NV      
YOKOGAWA ELEC ADR      
YOKOGAWA ELEC ADR      
YOKOGAWA ELEC ADR      
YOKOGAWA ELEC ADR      
YOKOGAWA ELEC ADR      
YOKOGAWA ELEC ADR      
JD COM INC CL A SPON ADR      
VALNOR CAPITAL PARTNERS P    
KNIGHTHEAD P    
KNIGHTHEAD P    
KNIGHTHEAD P    
FIR TREE P    
FIR TREE P    
CENTERBRIDGE P    
CENTERBRIDGE P    
CENTERBRIDGE P    
CENTERBRIDGE P    
ATALAYA SPECIAL OPP FUND VI LP - STCG P    
TAILWATER ENERGY FUND II LP - LTCG P    
FIR TREE INTL VALUE FUND - LTCG P    
ATALAYA SPECIAL OPP FUND VI LP - LTCG P    
THOMPSON STREET CAPITAL PARTNERS - LTCG P    
AMERICAN SECURITY PARTNERS - LTCG P    
TAILWATER ENERGY FUND II LP - 1231 LOSS 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 5,847   3,602 2,245
b 2,249   1,587 662
c 900   631 269
d 4,851   5,401 -550
e 389   557 -168
2,398   3,189 -791
8,819   11,999 -3,180
4,577   6,549 -1,972
12,998   15,012 -2,014
255   237 18
5   4 1
111   118 -7
155   167 -12
5,106   3,034 2,072
5,264   3,200 2,064
1,543   1,320 223
5,962   5,045 917
1,192   1,016 176
2,767   1,428 1,339
7,936   4,593 3,343
1,684   924 760
5,475   3,493 1,982
11,598   13,039 -1,441
6,520   2,685 3,835
7,308   3,401 3,907
1,956   784 1,172
5,368   4,812 556
4,026   3,580 446
3,200   3,057 143
2,890   2,779 111
310   315 -5
3,706   3,808 -102
2,731   3,006 -275
3,706   3,986 -280
613   627 -14
21   17 4
270   317 -47
377   448 -71
5,088   2,835 2,253
2,424   2,788 -364
1,039   1,167 -128
2,078   2,275 -197
748   704 44
234   270 -36
9,207   10,784 -1,577
9,680   10,329 -649
3,507   3,998 -491
5,206   3,585 1,621
3,787   1,528 2,259
7,023   3,057 3,966
5,479   2,504 2,975
6,036   2,504 3,532
4,730   2,504 2,226
6,319   3,339 2,980
5,922   3,339 2,583
2,867   1,669 1,198
2,860   1,669 1,191
4,376   2,504 1,872
9,947   5,843 4,104
1,295   916 379
277   196 81
740   527 213
820   599 221
1,495   1,025 470
928   641 287
464   320 144
2,140   1,408 732
1,402   918 484
1,214   796 418
560   367 193
6,965   4,229 2,736
2,622   1,896 726
738   515 223
3,009   2,255 754
3,132   2,348 784
3,579   2,649 930
5,442   4,019 1,423
7,786   5,754 2,032
6,058   4,476 1,582
3,554   2,588 966
1,426   1,035 391
2,476   2,651 -175
4,664   4,971 -307
315   331 -16
3,711   3,977 -266
206   221 -15
931   994 -63
4,283   4,459 -176
241   165 76
240   165 75
120   82 38
361   247 114
358   247 111
353   247 106
845   576 269
716   494 222
716   513 203
120   85 35
963   684 279
713   513 200
245   171 74
119   85 34
1,530   1,026 504
367   256 111
640   427 213
29,258   30,068 -810
9,824   10,278 -454
27,686   27,547 139
10,004   10,143 -139
15,340   15,483 -143
938   636 302
292   207 85
3,704   1,708 1,996
2,475   1,188 1,287
242   142 100
2,984   1,513 1,471
3,496   3,936 -440
494   522 -28
206   201 5
619   569 50
165   158 7
3,345   3,819 -474
1,862   2,310 -448
798   963 -165
288   234 54
1,539   1,238 301
929   739 190
491   402 89
610   509 101
1,077   1,101 -24
9   8 1
581   481 100
146   139 7
268   268 0
848   849 -1
129   129 0
395   376 19
552   521 31
654   620 34
440   407 33
406   378 28
34   31 3
719   644 75
3   3 0
2,135   1,848 287
485   438 47
1,544   2,023 -479
1,462   2,178 -716
1,435   1,858 -423
41   54 -13
1,214   1,701 -487
1,176   1,453 -277
2,765   996 1,769
691   401 290
230   172 58
3,589   2,412 1,177
689   517 172
2,169   1,613 556
674   674 0
1,393   1,393 0
98   98 0
265   265 0
288   294 -6
363   514 -151
341   489 -148
265   261 4
83   120 -37
519   506 13
232   225 7
420   409 11
1,569   1,158 411
398   487 -89
984   1,601 -617
2,033   3,011 -978
144   176 -32
387   473 -86
239   304 -65
730   1,189 -459
115   151 -36
173   233 -60
288   382 -94
336   353 -17
375   389 -14
2,234   2,954 -720
2,130   2,625 -495
2,811   2,771 40
312   338 -26
224   243 -19
665   720 -55
160   178 -18
112   122 -10
168   186 -18
56   62 -6
163   182 -19
5   8 -3
32   36 -4
16   18 -2
464   520 -56
127   142 -15
379   459 -80
585   703 -118
690   881 -191
245   312 -67
715   902 -187
440   527 -87
306   367 -61
758   910 -152
629   759 -130
79   96 -17
2,243   2,907 -664
256   341 -85
1,196   1,423 -227
1,838   1,821 17
467   454 13
483   430 53
403   359 44
707   828 -121
730   719 11
35   32 3
623   624 -1
602   656 -54
6,048   6,831 -783
428   534 -106
720   852 -132
2,865   3,633 -768
738   378 360
1,328   668 660
3,829   1,820 2,009
625   294 331
724   590 134
844   581 263
33   28 5
1,894   1,784 110
1,763   2,034 -271
755   799 -44
1,847   2,154 -307
116   72 44
350   215 135
871   538 333
234   143 91
292   179 113
174   108 66
233   150 83
349   225 124
406   259 147
175   111 64
431   257 174
1,047   630 417
3,521   2,716 805
370   291 79
4,249   2,898 1,351
271   226 45
1,106   875 231
108   75 33
3,536   2,711 825
3,067   3,469 -402
254   274 -20
177   194 -17
149   166 -17
1,046   1,130 -84
374   381 -7
249   249 0
3,088   2,782 306
163   216 -53
684   934 -250
1,768   2,501 -733
331   627 -296
179   351 -172
113   222 -109
166   324 -158
317   622 -305
1,287   2,580 -1,293
646   1,380 -734
410   860 -450
61   127 -66
693   1,752 -1,059
837   2,028 -1,191
329   794 -465
473   1,166 -693
1,245   2,858 -1,613
810   1,867 -1,057
1,220   2,521 -1,301
1,026   2,345 -1,319
2,724   1,816 908
719   1,100 -381
168   262 -94
168   264 -96
199   313 -114
250   391 -141
278   458 -180
46   76 -30
46   75 -29
15   27 -12
46   82 -36
77   133 -56
34   52 -18
444   672 -228
1,096   998 98
1,470   1,354 116
2,411   2,360 51
6,704   7,891 -1,187
2,262   2,587 -325
1,117   1,303 -186
1,510   1,962 -452
2,824   2,875 -51
441   407 34
2,970   2,783 187
1,353   1,160 193
2,397   2,073 324
1,894   1,662 232
503   431 72
3,450   2,162 1,288
469   291 178
1,979   1,310 669
31   27 4
642   408 234
778   536 242
1,065   742 323
940   750 190
981   771 210
1,044   796 248
981   815 166
3,173   2,879 294
1,088   1,358 -270
680   648 32
204   195 9
68   53 15
2,335   1,639 696
3,590   2,498 1,092
1,001   724 277
1,064   679 385
1,289   1,050 239
2,600   1,925 675
2,461   2,262 199
351   347 4
194   173 21
1,958   1,943 15
388   369 19
388   368 20
388   369 19
775   623 152
233   200 33
1,112   1,072 40
3,014   2,795 219
4,090   3,758 332
36   33 3
2,120   2,088 32
1,006   1,003 3
1,258   1,279 -21
1,052   560 492
1,426   1,122 304
1,096   719 377
2,302   1,987 315
891   492 399
703   383 320
586   287 299
469   234 235
727   354 373
2,016   1,390 626
636   646 -10
5,316   4,702 614
1,813   1,846 -33
1,363   1,013 350
3,516   2,700 816
4,621   5,537 -916
2,314   2,555 -241
1,512   1,885 -373
573   730 -157
774   1,040 -266
1,593   2,038 -445
1,642   4,807 -3,165
1,159   3,096 -1,937
652   1,890 -1,238
410   1,313 -903
724   2,388 -1,664
628   2,172 -1,544
410   1,080 -670
628   1,560 -932
70   180 -110
627   1,505 -878
743   1,707 -964
1,416   2,766 -1,350
1,300   4,277 -2,977
524   350 174
262   183 79
524   380 144
218   140 78
5,305   3,381 1,924
2,914   3,264 -350
230   243 -13
368   374 -6
1,902   1,918 -16
5,047   5,089 -42
4,909   4,922 -13
2,050   1,775 275
2,135   1,368 767
770   606 164
385   298 87
578   440 138
578   437 141
48   37 11
1,399   581 818
1,119   470 649
373   266 107
1,078   599 479
3,131   1,798 1,333
1,401   933 468
958   548 410
2,179   1,234 945
958   548 410
40   40 0
125   125 0
100   100 0
100   100 0
67   67 0
134   134 0
117   117 0
100   100 0
125   125 0
67   67 0
150   150 0
176   176 0
2,820   4,998 -2,178
1,300   2,754 -1,454
2,925   6,013 -3,088
1,016   2,648 -1,632
129   432 -303
104   339 -235
104   341 -237
69   231 -162
138   400 -262
121   348 -227
41   135 -94
104   235 -131
129   311 -182
69   167 -98
155   384 -229
181   405 -224
336   171 165
448   212 236
896   422 474
560   355 205
2,518   1,560 958
683   426 257
1,857   1,101 756
276   222 54
414   336 78
207   149 58
207   175 32
276   215 61
414   328 86
483   537 -54
2,026   2,301 -275
1,765   2,147 -382
339   383 -44
328   248 80
10   8 2
508   393 115
406   312 94
305   235 70
38   35 3
371   236 135
648   426 222
1,584   1,040 544
2,078   1,358 720
120   127 -7
2,649   2,395 254
212   161 51
534   548 -14
6,192   6,357 -165
2,313   2,285 28
2,310   2,258 52
1,567   1,434 133
547   500 47
957   933 24
1,203   1,349 -146
629   705 -76
1,777   1,755 22
5,222   4,255 967
2,215   1,780 435
722   719 3
962   941 21
444   530 -86
1,965   2,117 -152
792   874 -82
1,075   1,188 -113
292   314 -22
397   428 -31
1,164   1,272 -108
1,012   1,098 -86
235   254 -19
194   262 -68
4,129   5,617 -1,488
77   106 -29
275   370 -95
864   1,164 -300
464   635 -171
1,465   2,011 -546
551   558 -7
196   199 -3
627   639 -12
118   126 -8
1,897   975 922
146   54 92
2,778   1,246 1,532
4,150   1,399 2,751
4,204   1,326 2,878
1,790   638 1,152
4,407   1,701 2,706
1,343   531 812
3,963   1,440 2,523
2,082   1,774 308
463   411 52
612   480 132
3,079   2,399 680
1,449   1,391 58
350   334 16
3,697   4,081 -384
2,573   2,556 17
1,474   1,669 -195
935   513 422
1,859   1,025 834
4,036   2,820 1,216
3,118   2,164 954
346   232 114
440   390 50
319   262 57
319   249 70
228   192 36
228   206 22
182   155 27
425   340 85
835   819 16
6,555   5,691 864
1,305   1,266 39
829   738 91
3,577   3,094 483
1   1 0
2,157   2,208 -51
2,909   2,890 19
258   224 34
3,261   2,909 352
1,597   1,354 243
1,752   1,645 107
143   177 -34
171   195 -24
171   212 -41
343   437 -94
171   218 -47
171   202 -31
228   213 15
285   305 -20
4,311   5,394 -1,083
2,210   2,465 -255
360   393 -33
786   819 -33
5,131   4,674 457
1,273   1,031 242
1,648   1,254 394
337   255 82
3,548   2,796 752
267   235 32
1,407   1,236 171
1,499   1,221 278
182   136 46
3,041   2,253 788
1,711   1,233 478
600   393 207
910   602 308
1,480   1,183 297
492   379 113
1,079   852 227
1,475   1,294 181
3,963   3,862 101
2,691   2,207 484
6,079   5,812 267
1,758   1,603 155
1,639   1,898 -259
1,033   1,096 -63
477   501 -24
1,417   1,371 46
169   125 44
2,012   1,503 509
1,011   912 99
3,549   2,888 661
162   152 10
1,296   1,178 118
362   297 65
815   669 146
362   297 65
1,716   1,057 659
543   423 120
1,077   1,309 -232
676   825 -149
2,224   1,819 405
921   1,312 -391
153   192 -39
256   362 -106
1,994   2,520 -526
1,585   1,961 -376
1,330   1,548 -218
1,889   1,096 793
405   256 149
202   141 61
9,379   6,855 2,524
6,410   4,710 1,700
2,497   1,820 677
4,454   3,091 1,363
211   133 78
5,684   3,977 1,707
4,000   2,747 1,253
1,544   1,396 148
664   372 292
2,399   1,318 1,081
1,418   737 681
51   27 24
683   566 117
840   702 138
788   619 169
11,884   5,633 6,251
7,823   11,772 -3,949
3,722   5,732 -2,010
7,418   12,739 -5,321
20,915   17,293 3,622
10,521   8,273 2,248
2,524   1,299 1,225
15,696   8,065 7,631
11,794   11,137 657
4,398   5,389 -991
5,570   6,202 -632
942   1,088 -146
13,381   13,917 -536
20,451   18,269 2,182
19,243   15,554 3,689
8,682   6,767 1,915
2,700   3,393 -693
1,505   1,891 -386
1,505   1,923 -418
9,631   13,121 -3,490
8,856   6,039 2,817
8,147   5,490 2,657
8,655   5,688 2,967
5,749   8,236 -2,487
462   640 -178
2,105   3,026 -921
5,504   7,810 -2,306
604   861 -257
8,136   10,774 -2,638
4,488   5,333 -845
5,276   6,351 -1,075
2,431   1,224 1,207
8,804   4,450 4,354
4,913   2,392 2,521
4,012   2,091 1,921
6,622   3,331 3,291
1,694   852 842
4,684   2,943 1,741
2,405   1,472 933
2,524   1,549 975
11,336   10,736 600
14,966   9,046 5,920
9,342   9,462 -120
497,589   398,914 98,675
502,261   444,950 57,311
839,096   905,609 -66,513
4,363   4,363 0
14,243   15,373 -1,130
2,305   2,488 -183
11,526   12,440 -914
2,058   2,222 -164
17,042   18,394 -1,352
233,567   252,096 -18,529
43,964   47,640 -3,676
11,114   12,041 -927
3,211   3,446 -235
83,235   87,536 -4,301
3,540   3,689 -149
135,596   141,428 -5,832
4,363   4,525 -162
3,375   3,530 -155
31,120   32,750 -1,630
4,034   4,202 -168
14,325   15,030 -705
3,952   4,162 -210
4,199   4,419 -220
117,483   124,496 -7,013
4,363   4,659 -296
4,363   4,619 -256
4,363   4,661 -298
4,363   4,739 -376
4,281   4,618 -337
4,281   4,570 -289
4,363   4,649 -286
4,693   4,980 -287
4,281   4,453 -172
4,116   4,230 -114
5,187   5,313 -126
4,610   4,668 -58
5,022   5,076 -54
4,693   4,773 -80
5,022   5,121 -99
4,857   4,935 -78
4,940   4,967 -27
5,351   5,343 8
4,363   4,707 -344
659   710 -51
2,903   2,029 874
12,202   5,976 6,226
4,485   3,221 1,264
15,861   12,128 3,733
2,243   1,360 883
33,136   28,996 4,140
6,422   5,207 1,215
8,330   7,863 467
7,780   6,772 1,008
7,656   5,490 2,166
3,750   3,563 187
489   404 85
685   566 119
11,447   9,404 2,043
6,798   5,456 1,342
7   5 2
186   138 48
173   124 49
186   136 50
25   20 5
2,574   1,904 670
620   460 160
18,887   14,238 4,649
3,359   2,559 800
13,097   14,527 -1,430
9,405   10,784 -1,379
11,830   13,341 -1,511
4,393   4,987 -594
4,150   5,140 -990
12,783   9,994 2,789
5,554   4,459 1,095
10,750   10,005 745
1,819   2,011 -192
12,009   10,018 1,991
4,736   5,439 -703
14,411   11,680 2,731
6,519   5,226 1,293
12,240   14,100 -1,860
11,845   5,989 5,856
8,914   6,545 2,369
9,400   6,622 2,778
14,185   15,451 -1,266
10,908   11,595 -687
12,751   13,432 -681
2,202   2,484 -282
4,609   4,962 -353
3,738   4,115 -377
633   463 170
21,246   15,495 5,751
11,267   7,883 3,384
9,276   7,743 1,533
1,689   1,418 271
1,939   1,316 623
17,821   12,131 5,690
16,840   11,952 4,888
8,133   5,234 2,899
7,025   4,694 2,331
18,035   15,032 3,003
14,329   11,606 2,723
18,035   14,866 3,169
10,376   9,164 1,212
13,864   9,283 4,581
15,591   12,104 3,487
14,417   9,813 4,604
17,621   11,646 5,975
21,786   14,677 7,109
1,797   1,090 707
1,788   1,090 698
3,097   1,831 1,266
3,783   2,898 885
16,465   11,961 4,504
21,049   15,309 5,740
20,292   14,175 6,117
7,004   5,766 1,238
5,154   4,440 714
17   17 0
5,850   3,921 1,929
8,580   4,612 3,968
11,261   5,649 5,612
4,631   1,892 2,739
7,751   2,961 4,790
29,343   29,441 -98
4,255   4,678 -423
8,510   8,988 -478
13,828   14,915 -1,087
1,064   1,134 -70
19,000   19,000 0
34,000   34,000 0
59,000   59,000 0
3,000   3,000 0
2,000   2,000 0
11,150   11,295 -145
20,273   20,523 -250
35,478   35,890 -412
2,027   2,045 -18
2,027   2,046 -19
2,027   2,042 -15
28,493   29,037 -544
1,055   1,074 -19
114,000   113,823 177
4,211   4,624 -413
9,474   10,111 -637
13,685   14,569 -884
1,053   1,067 -14
1,053   1,037 16
1,053   1,052 1
973   935 38
2,625   2,529 96
4,399   6,639 -2,240
4,531   5,737 -1,206
8,200   5,409 2,791
3,439   2,375 1,064
1,284   1,087 197
391   351 40
6,845   6,188 657
3,243   2,875 368
1,681   1,777 -96
1,111   1,211 -100
1,300   1,909 -609
5,234   6,999 -1,765
3,077   4,052 -975
684   952 -268
1,482   2,577 -1,095
1,140   1,982 -842
1,233   1,726 -493
917   1,266 -349
1,144   1,611 -467
334   483 -149
82   102 -20
326   408 -82
83   102 -19
897   1,117 -220
408   502 -94
408   495 -87
239   297 -58
876   1,096 -220
1,656   2,091 -435
158   198 -40
398   495 -97
786   991 -205
717   822 -105
558   648 -90
1,525   1,759 -234
963   1,112 -149
80   93 -13
1,360   1,385 -25
5,394   5,449 -55
418   473 -55
2,521   2,862 -341
1,120   1,131 -11
5,869   5,491 378
2,785   3,139 -354
1,910   2,313 -403
1,991   2,583 -592
2,237   2,858 -621
1,528   2,097 -569
3,862   3,972 -110
250   251 -1
1,431   1,445 -14
670   671 -1
1,162   1,157 5
1,055   1,061 -6
1,023   913 110
1,108   991 117
426   441 -15
753   775 -22
2,015   2,124 -109
399   420 -21
938   978 -40
1,037   803 234
1,998   1,214 784
2,183   1,307 876
2,721   1,757 964
3,179   1,924 1,255
1,938   1,325 613
146   100 46
385   263 122
1,223   1,116 107
1,053   595 458
2,317   1,428 889
118   104 14
6   5 1
688   509 179
1,337   994 343
2,504   1,887 617
1,383   1,048 335
4,019   3,093 926
1,045   854 191
1,908   1,398 510
2,435   1,874 561
1,304   1,207 97
191   178 13
714   712 2
164   195 -31
206   244 -38
232   313 -81
2,342   2,662 -320
10,854   7,075 3,779
5,101   3,329 1,772
2,713   2,466 247
1,737   1,760 -23
122   120 2
202   200 2
1,314   802 512
21,072   12,720 8,352
1,086   620 466
6,946   5,594 1,352
506   597 -91
952   1,039 -87
2,955   2,592 363
3,799   3,475 324
6,150   5,790 360
1,085   1,132 -47
4,341   4,365 -24
2,228   1,765 463
728   610 118
1,735   1,525 210
121   97 24
3,456   2,984 472
3,773   3,294 479
4,488   3,725 763
1,840   1,706 134
2,109   1,931 178
2,326   2,894 -568
2,937   3,681 -744
4,829   4,042 787
234   214 20
74   65 9
137   119 18
6,128   5,389 739
685   596 89
1,872   1,634 238
4,152   3,978 174
1,433   1,270 163
1,272   1,192 80
2,447   2,501 -54
2,979   3,180 -201
391   426 -35
3,514   2,798 716
7,015   6,518 497
2,806   2,530 276
1,403   1,550 -147
1,403   1,455 -52
3,670   2,391 1,279
4,252   2,940 1,312
511   388 123
7,555   4,498 3,057
3,742   2,157 1,585
2,893   2,348 545
3,306   2,719 587
1,239   1,083 156
1,646   1,426 220
2,296   1,946 350
2,162   1,844 318
3,960   3,121 839
1,777   1,897 -120
683   714 -31
5,290   4,419 871
6,070   5,190 880
7,642   6,423 1,219
2,222   2,385 -163
1,463   1,564 -101
9,172   14,111 -4,939
224   324 -100
133   176 -43
338   257 81
12,454   10,289 2,165
1,750   1,379 371
1,137   901 236
648   520 128
1,469   1,191 278
913   736 177
522   430 92
3,436   3,561 -125
597,028   522,839 74,189
200,856   191,879 8,977
200,856   191,754 9,102
281,598   290,197 -8,599
6,968   8,364 -1,396
11,316   14,530 -3,214
258,741   241,542 17,199
82,582   77,461 5,121
719   648 71
1,879   1,725 154
614     614
3,603     3,603
167     167
12,818     12,818
54,629     54,629
36,064     36,064
    115 -115
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       2,245
b       662
c       269
d       -550
e       -168
      -791
      -3,180
      -1,972
      -2,014
      18
      1
      -7
      -12
      2,072
      2,064
      223
      917
      176
      1,339
      3,343
      760
      1,982
      -1,441
      3,835
      3,907
      1,172
      556
      446
      143
      111
      -5
      -102
      -275
      -280
      -14
      4
      -47
      -71
      2,253
      -364
      -128
      -197
      44
      -36
      -1,577
      -649
      -491
      1,621
      2,259
      3,966
      2,975
      3,532
      2,226
      2,980
      2,583
      1,198
      1,191
      1,872
      4,104
      379
      81
      213
      221
      470
      287
      144
      732
      484
      418
      193
      2,736
      726
      223
      754
      784
      930
      1,423
      2,032
      1,582
      966
      391
      -175
      -307
      -16
      -266
      -15
      -63
      -176
      76
      75
      38
      114
      111
      106
      269
      222
      203
      35
      279
      200
      74
      34
      504
      111
      213
      -810
      -454
      139
      -139
      -143
      302
      85
      1,996
      1,287
      100
      1,471
      -440
      -28
      5
      50
      7
      -474
      -448
      -165
      54
      301
      190
      89
      101
      -24
      1
      100
      7
      0
      -1
      0
      19
      31
      34
      33
      28
      3
      75
      0
      287
      47
      -479
      -716
      -423
      -13
      -487
      -277
      1,769
      290
      58
      1,177
      172
      556
      0
      0
      0
      0
      -6
      -151
      -148
      4
      -37
      13
      7
      11
      411
      -89
      -617
      -978
      -32
      -86
      -65
      -459
      -36
      -60
      -94
      -17
      -14
      -720
      -495
      40
      -26
      -19
      -55
      -18
      -10
      -18
      -6
      -19
      -3
      -4
      -2
      -56
      -15
      -80
      -118
      -191
      -67
      -187
      -87
      -61
      -152
      -130
      -17
      -664
      -85
      -227
      17
      13
      53
      44
      -121
      11
      3
      -1
      -54
      -783
      -106
      -132
      -768
      360
      660
      2,009
      331
      134
      263
      5
      110
      -271
      -44
      -307
      44
      135
      333
      91
      113
      66
      83
      124
      147
      64
      174
      417
      805
      79
      1,351
      45
      231
      33
      825
      -402
      -20
      -17
      -17
      -84
      -7
      0
      306
      -53
      -250
      -733
      -296
      -172
      -109
      -158
      -305
      -1,293
      -734
      -450
      -66
      -1,059
      -1,191
      -465
      -693
      -1,613
      -1,057
      -1,301
      -1,319
      908
      -381
      -94
      -96
      -114
      -141
      -180
      -30
      -29
      -12
      -36
      -56
      -18
      -228
      98
      116
      51
      -1,187
      -325
      -186
      -452
      -51
      34
      187
      193
      324
      232
      72
      1,288
      178
      669
      4
      234
      242
      323
      190
      210
      248
      166
      294
      -270
      32
      9
      15
      696
      1,092
      277
      385
      239
      675
      199
      4
      21
      15
      19
      20
      19
      152
      33
      40
      219
      332
      3
      32
      3
      -21
      492
      304
      377
      315
      399
      320
      299
      235
      373
      626
      -10
      614
      -33
      350
      816
      -916
      -241
      -373
      -157
      -266
      -445
      -3,165
      -1,937
      -1,238
      -903
      -1,664
      -1,544
      -670
      -932
      -110
      -878
      -964
      -1,350
      -2,977
      174
      79
      144
      78
      1,924
      -350
      -13
      -6
      -16
      -42
      -13
      275
      767
      164
      87
      138
      141
      11
      818
      649
      107
      479
      1,333
      468
      410
      945
      410
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      -2,178
      -1,454
      -3,088
      -1,632
      -303
      -235
      -237
      -162
      -262
      -227
      -94
      -131
      -182
      -98
      -229
      -224
      165
      236
      474
      205
      958
      257
      756
      54
      78
      58
      32
      61
      86
      -54
      -275
      -382
      -44
      80
      2
      115
      94
      70
      3
      135
      222
      544
      720
      -7
      254
      51
      -14
      -165
      28
      52
      133
      47
      24
      -146
      -76
      22
      967
      435
      3
      21
      -86
      -152
      -82
      -113
      -22
      -31
      -108
      -86
      -19
      -68
      -1,488
      -29
      -95
      -300
      -171
      -546
      -7
      -3
      -12
      -8
      922
      92
      1,532
      2,751
      2,878
      1,152
      2,706
      812
      2,523
      308
      52
      132
      680
      58
      16
      -384
      17
      -195
      422
      834
      1,216
      954
      114
      50
      57
      70
      36
      22
      27
      85
      16
      864
      39
      91
      483
      0
      -51
      19
      34
      352
      243
      107
      -34
      -24
      -41
      -94
      -47
      -31
      15
      -20
      -1,083
      -255
      -33
      -33
      457
      242
      394
      82
      752
      32
      171
      278
      46
      788
      478
      207
      308
      297
      113
      227
      181
      101
      484
      267
      155
      -259
      -63
      -24
      46
      44
      509
      99
      661
      10
      118
      65
      146
      65
      659
      120
      -232
      -149
      405
      -391
      -39
      -106
      -526
      -376
      -218
      793
      149
      61
      2,524
      1,700
      677
      1,363
      78
      1,707
      1,253
      148
      292
      1,081
      681
      24
      117
      138
      169
      6,251
      -3,949
      -2,010
      -5,321
      3,622
      2,248
      1,225
      7,631
      657
      -991
      -632
      -146
      -536
      2,182
      3,689
      1,915
      -693
      -386
      -418
      -3,490
      2,817
      2,657
      2,967
      -2,487
      -178
      -921
      -2,306
      -257
      -2,638
      -845
      -1,075
      1,207
      4,354
      2,521
      1,921
      3,291
      842
      1,741
      933
      975
      600
      5,920
      -120
      98,675
      57,311
      -66,513
      0
      -1,130
      -183
      -914
      -164
      -1,352
      -18,529
      -3,676
      -927
      -235
      -4,301
      -149
      -5,832
      -162
      -155
      -1,630
      -168
      -705
      -210
      -220
      -7,013
      -296
      -256
      -298
      -376
      -337
      -289
      -286
      -287
      -172
      -114
      -126
      -58
      -54
      -80
      -99
      -78
      -27
      8
      -344
      -51
      874
      6,226
      1,264
      3,733
      883
      4,140
      1,215
      467
      1,008
      2,166
      187
      85
      119
      2,043
      1,342
      2
      48
      49
      50
      5
      670
      160
      4,649
      800
      -1,430
      -1,379
      -1,511
      -594
      -990
      2,789
      1,095
      745
      -192
      1,991
      -703
      2,731
      1,293
      -1,860
      5,856
      2,369
      2,778
      -1,266
      -687
      -681
      -282
      -353
      -377
      170
      5,751
      3,384
      1,533
      271
      623
      5,690
      4,888
      2,899
      2,331
      3,003
      2,723
      3,169
      1,212
      4,581
      3,487
      4,604
      5,975
      7,109
      707
      698
      1,266
      885
      4,504
      5,740
      6,117
      1,238
      714
      0
      1,929
      3,968
      5,612
      2,739
      4,790
      -98
      -423
      -478
      -1,087
      -70
      0
      0
      0
      0
      0
      -145
      -250
      -412
      -18
      -19
      -15
      -544
      -19
      177
      -413
      -637
      -884
      -14
      16
      1
      38
      96
      -2,240
      -1,206
      2,791
      1,064
      197
      40
      657
      368
      -96
      -100
      -609
      -1,765
      -975
      -268
      -1,095
      -842
      -493
      -349
      -467
      -149
      -20
      -82
      -19
      -220
      -94
      -87
      -58
      -220
      -435
      -40
      -97
      -205
      -105
      -90
      -234
      -149
      -13
      -25
      -55
      -55
      -341
      -11
      378
      -354
      -403
      -592
      -621
      -569
      -110
      -1
      -14
      -1
      5
      -6
      110
      117
      -15
      -22
      -109
      -21
      -40
      234
      784
      876
      964
      1,255
      613
      46
      122
      107
      458
      889
      14
      1
      179
      343
      617
      335
      926
      191
      510
      561
      97
      13
      2
      -31
      -38
      -81
      -320
      3,779
      1,772
      247
      -23
      2
      2
      512
      8,352
      466
      1,352
      -91
      -87
      363
      324
      360
      -47
      -24
      463
      118
      210
      24
      472
      479
      763
      134
      178
      -568
      -744
      787
      20
      9
      18
      739
      89
      238
      174
      163
      80
      -54
      -201
      -35
      716
      497
      276
      -147
      -52
      1,279
      1,312
      123
      3,057
      1,585
      545
      587
      156
      220
      350
      318
      839
      -120
      -31
      871
      880
      1,219
      -163
      -101
      -4,939
      -100
      -43
      81
      2,165
      371
      236
      128
      278
      177
      92
      -125
      74,189
      8,977
      9,102
      -8,599
      -1,396
      -3,214
      17,199
      5,121
      71
      154
      614
      3,603
      167
      12,818
      54,629
      36,064
      -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 2 541,421
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 4,532,618 55,948,223 0.081015
2016 2,994,381 55,301,648 0.054146
2015 2,295,822 59,711,544 0.038449
2014 3,242,822 64,697,310 0.050123
2013 4,433,236 67,968,841 0.065225
2
Total of line 1, column (d) .....................
2
0.288958
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
0.057792
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
57,052,489
5
Multiply line 4 by line 3......................
5
3,297,177
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
17,511
7
Add lines 5 and 6........................
7
3,314,688
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,239,053
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 35,022
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 35,022
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 35,022
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,085
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,085
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1,101
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10,038
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletERIC ISSELBACHER Telephone no.bullet (617) 726-5610

    Located atbulletMGHCHARLESTOWNMA ZIP+4bullet02129
    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
    KURT J ISSELBACHER MD TRUSTEE, TREASURER
    7.00     		40,000 0 0
    MGH BLG 149 13TH ST
    CHARLESTOWN,MA02129
    RAY A GOLDBERG MBA PHD TRUSTEE
    1.00     		0 0 0
    975 MEMORIAL DRIVE APT 701
    CAMBRIDGE,MA02138
    WALTER SALMON TRUSTEE
    1.00     		0 0 0
    64 WINTER ST
    LINCOLN,MA01773
    ERIC ISSELBACHER MD TRUSTEE, CHAIRMAN
    7.00     		40,000 0 0
    19 HOWARD ST
    NEWTON,MA02458
    LEILA E DAL POS SECRETARY
    1.00     		0 0 0
    ONE FEDERAL ST
    BOSTON,MA02110
    PETER HERMANN TRUSTEE
    1.00     		10,000 0 0
    14 OLD ORCHARD RD
    CHESTNUT HILL,MA02467
    HUGH BARRY TRUSTEE
    1.00     		10,000 0 0
    112 LAKIBRIDGE DRIVE
    KINGS PARK,NY11754
    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
    UBS INVESTMENTS INVESTMENT ADVISORY 192,313
    ONE POST OFFICE SQUARE 33RD FLOOR
    BOSTON,MA02109
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    53,334,971
    b
    Average of monthly cash balances.......................
    1b
    1,460,252
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,126,086
    d
    Total (add lines 1a, b, and c).........................
    1d
    57,921,309
    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
    57,921,309
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    868,820
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    57,052,489
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,852,624
    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
    2,852,624
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    35,022
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    35,022
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,817,602
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,817,602
    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
    2,817,602
    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
    2,239,053
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,239,053
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,239,053
    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 2,817,602
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 508,418
    b From 2014...... 23,286
    c From 2015......  
    d From 2016...... 237,233
    e From 2017...... 1,779,915
    fTotal of lines 3a through e........ 2,548,852
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,239,053
    a Applied to 2017, but not more than line 2a 0
    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..... 2,239,053
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 578,549 578,549
    (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 1,970,303
    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 ..........     		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) .......     		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 ......     		1,970,303
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 190,388
    d Excess from 2017.... 1,779,915
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    MARINE BIOLOGICAL LABORATORY
    7 MBL STREET
    WOODS HOLE,MA02543     		N/A PUBLIC CHARITY BIOLOGICAL ADVANCEMENT 1,000
    MASS GENERAL HOSPITAL
    13TH ST
    CHARLESTOWN,MA02129     		N/A PUBLIC CHARITY MEDICAL CANCER RESEARCH 655,058
    MASS GENERAL HOSPITAL - PRIOR YEAR GRANTS PAID IN CURRENT YEAR
    MASS GENERAL HOSPITAL - FUTURE YEAR
    GRANTS
    CHARLESTOWN,MA02129     		N/A PUBLIC CHARITY ME 1,472,500
    Total .................................bullet 3a 2,128,558
    bApproved for future payment
    MASS GENERAL HOSPITAL - FUTURE YEAR GRANTS
    MASS GENERAL HOSPITAL - FUTURE YEAR
    GRANTS
    CHARLESTOWN,MA02129     		N/A PUBLIC CHARITY MEDICAL CANCER RESEARCH 4,078,518
    NEW YORK EAR & EYE- FUTURE YEAR GRANTS
    310 E 14TH ST
    NEW YORK,NY10003     		N/A PUBLIC CHARITY BIOLOGICAL ADVANCEMENT 977,040
    MASS GENERAL HOSPITAL - PRIOR YEAR GRANTS PAID IN CURRENT YEAR
    MASS GENERAL HOSPITAL - FUTURE YEAR
    GRANTS
    CHARLESTOWN,MA02129     		N/A PUBLIC CHARITY MEDICAL CANCER RESEARCH -1,472,500
    Total .................................bullet 3b 3,583,058
    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.... 900000 8 14 1,308,629  
    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.....     14 148,745  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 541,421  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME FROM PASSTHROUGH ACTIVITIES - UBTI     		900000 -423      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -415 1,998,795 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,998,380
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RAPHAEL AND RAPHAEL 23,000 17,250   5,750

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 35,687 40,394
    ABB LTD SPON ADR 12,017 10,227
    ABBOTT LABS 69,387 120,357
    ABBVIE INC COM 34,045 44,897
    ACCENTURE PLC IRELAND CL A 40,220 49,495
    ACE INA HOLDINGS INC B/E CALL@MW+20BP RATE 03.350% MATURES 05/03/26 CALLABLE 132,055 122,278
    ACUSHNET HLDGS CORP 11,962 12,811
    ADOBE INC. (DELAWARE) 32,950 65,383
    AGREE REALTY CORP 5,696 7,213
    AIA GROUP LTD SPON ADR 23,232 28,474
    AIR PROD & CHEMICAL INC 41,208 46,094
    AKBANK T.A.S. NEW ADR 9,168 4,158
    ALASKA AIR GROUP INC 18,089 16,490
    ALBANY INTL CORP NEW CL A 5,300 6,118
    ALBEMARLE CORP 7,849 6,474
    ALBERMARLE CORP NTS B/E CALL@MW+30BP RATE 04.150% MATURES 12/01/24 CALLABLE 29,958 30,388
    ALIBABA GROUP HLDG LTD SPON ADR 108,043 127,886
    ALLETE INC NEW 11,940 14,634
    ALLIANT ENERGY CORP 15,218 16,604
    ALLIANZ SE ADR 19,523 23,020
    ALLSTATE CORP 41,181 49,495
    ALPHABET INC CL A 152,046 173,463
    ALPHABET INC CL C 37,265 52,816
    AMADEUS IT GROUP UNSPONSORED ADR 11,013 13,583
    AMAZON.COM INC 58,960 114,150
    AMCOR LTD NEW AU ADR 19,701 16,068
    AMER AIRL 2015-1 03.375% FACTOR 0.828083465000 RATE 03.375% MATURES 05/01/27 51,362 47,218
    AMER AIRLN INC 14-1 A FACTOR 0.777746102000 RATE 03.700% MATURES 10/01/26 23,507 22,590
    AMER EXPRESS CO 14,718 22,305
    AMERICAN INTL GROUP INC COM NEW 73,694 59,233
    AMERICAN TOWER CORP B/E CALL@MW+35BP RATE 05.000% MATURES 02/15/24 31,070 31,033
    AMERICAN TOWER CORP REIT 33,306 44,135
    AMERIPRISE FINANCIAL INC 37,267 37,991
    AMGEN INC 80,712 91,884
    AMN HEALTHCARE SERVICES INC 33,152 36,659
    ANGLO AMERN PLC SPON ADR 16,002 14,805
    ANHUI CONCH CEM CO LTD ADR 10,888 10,388
    ANSYS INC 12,773 18,725
    APPLE INC B/E CALL@MW+15BP RATE 02.450% MATURES 08/04/26 CALLABLE 59,828 55,454
    ARCHER DANIELS MIDLAND CO 56,940 54,531
    ASPEN TECHNOLOGY INC DEL CHANGE IN STATE OF INC 23,013 41,747
    ASSOCIATED BRITISH FOODS PLC NEW ADR 19,106 13,623
    ASSURED GUARANTY LTD 17,004 18,451
    AT&T INC 71,985 53,541
    AT&T INC NTS B/E CALL@MW+20BP RATE 03.900% MATURES 03/11/24 CALLABLE 30,366 29,798
    AUTODESK INC 37,318 72,150
    AUTOLIV INC 25,346 20,156
    AUTOMATIC DATA PROCESSNG INC 20,337 30,551
    AVERY DENNISON CORP 10,887 11,768
    AXA ADR 15,224 10,417
    B&G FOODS INC CL A 36,087 30,240
    BAIDU INC ADS REPSNTG CL A ORDSHS SPON ADR 38,840 31,086
    BALTIMORE GAS & ELEC CO CALL@MW+15BP RATE 02.400% MATURES 08/15/26 CALLABLE 123,335 114,359
    BANCO BRADESCO S.A. NEW SPON ADR 18,055 20,344
    BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A ORD 19,321 13,442
    BANK OF AMER CORP MED TERM NTS RATE 04.125% MATURES 01/22/24 60,131 57,777
    BANK OF CHINA ADR 6,223 6,264
    BANK OF GA GROUP PLC GBP 8,216 5,682
    BANK OF NEW YORK MELLON CORP 41,785 48,670
    BANK OZK 26,929 16,506
    BARCLAYS PLC ADR 31,183 22,567
    BB SEGURIDADE PARTICIPACOES SPON ADR 6,590 6,403
    BB&T CORP 101,053 111,592
    BERKLEY W R CORP 25,947 33,112
    BERKSHIRE HATHAWAY INC CALL@MW+20BP RATE 03.125% MATURES 03/15/26 CALLABLE 130,000 121,155
    BGC PARTNERS INC CL A 20,499 16,420
    BK OF NY MELLON CORP B/E RATE 03.250% MATURES 09/11/24 CALLABLE 29,896 29,612
    BLACKROCK INC 73,591 76,993
    BNP PARIBAS SA ADR 15,661 9,940
    BOK FINANCIAL CORP NEW 7,306 8,140
    BP CAPITAL MARKETS PLC CALL@MW+20BP RATE 03.119% MATURES 05/04/26 CALLABLE 29,456 28,210
    BRAMBLES LTD SPON ADR 18,091 17,148
    BROADCOM INC 46,197 51,365
    BROADRIDGE FINANCIAL SOLUTIONSINC 1,949 2,695
    CARDINAL HEALTH INC 83,774 53,966
    CARLSBERG AS SPON ADR 17,972 18,891
    CDN NATL RAILWAY CO CAD 13,596 14,600
    CDW CORP 20,150 36,716
    CEMEX S.A.B. DE C.V. SPON ADR 5,029 5,085
    CERNER CORP 41,522 34,768
    CHARLES RIVER LABORATORIES 29,868 26,258
    CHEVRON CORP 26,125 24,369
    CHEVRON CORP B/E CALL@MW+20BP RATE 02.954% MATURES 05/16/26 CALLABLE 126,558 120,335
    CHINA CONSTR BK CORP ADR 13,587 13,187
    CHINA MOBILE LTD SPON ADR 7,789 7,584
    CHINA PETROLEUM & CHEMICAL CORP SPON ADR 14,926 12,637
    CHINA SHENHUA ENERGY CO LTD ADR 5,484 5,098
    CIGNA CORP 34,615 36,085
    CISCO SYSTEMS INC 125,240 180,686
    CITIGROUP INC B/E CALL@MW+100BP RATE 03.668% MATURES 07/24/28 CALLABLE 45,618 42,511
    CK HUTCHISON HLDGS LTD UNSPONSORED ADR 12,476 8,949
    COCA COLA CO COM 44,687 49,575
    COGNIZANT TECH SOLUTIONS CRP 10,347 9,522
    COLGATE PALMOLIVE CO 103,523 86,423
    COMCAST CORP NEW CL A 39,183 39,907
    COMPANHIA BRASILEIRA DE DISTRIBUICAO GRUPO PAO DE ACUCAR SPON ADR 5,087 4,922
    COMPANHIA DE SANEAMENTO BASICODO ESTADO DE SAO PAULO ADS SPON ADR 2,881 2,913
    COMPASS GROUP PLC SPON ADR 20,078 21,130
    CONOCOPHILLIPS 46,992 68,273
    CONSOLIDATED COMMUNICATIONS HOLDINGS INC 8,549 5,661
    CONSTELLATION BRANDS INC 0BP RATE 04.750% MATURES 12/01/25 63,693 61,277
    COOPER COMPANIES INC NEW 34,860 48,610
    COPART INC 18,334 27,521
    CRANE CO 10,233 11,116
    CREDICORP LTD 7,761 7,758
    CREDIT SUISSE GROUP SPON ADR 14,475 9,861
    CRITEO S A SPON ADR 9,723 8,929
    CROWN CASTLE INTL CORP 0BP RATE 04.450% MATURES 02/15/26 CALLABLE 133,879 124,450
    CROWN CASTLE INTL CORP REIT 37,239 45,842
    CSL LTD SPON ADR 4,824 6,859
    CTRIP.COM INTL LTD ADS 5,272 4,871
    CULLEN FROST BANKERS INC 9,859 12,312
    CVS HEALTH CORP 71,657 56,085
    CYRUSONE INC REIT 29,041 25,858
    DANAHER CORP 42,587 55,582
    DANONE SPON ADR 49,811 47,015
    DEERE AND CO 28,623 50,121
    DELEK US HLDGS INC NEW COM 9,413 8,160
    DEUTSCHE BOERSE ADR 12,108 12,813
    DEUTSCHE POST AG SPON ADR 30,592 21,509
    DEUTSCHE WOHNEN AG UNSPONSOREDADR 15,508 16,157
    DIAGEO PLC NEW GB SPON ADR 19,968 21,837
    DISCOVERY COMM INC NTS CALL@MW+30BP RATE 03.950% MATURES 03/20/28 CALLABLE 89,146 83,452
    DNB ASA SPON ADR 12,369 11,285
    DOCUSIGN INC 20,233 19,559
    DOLLAR TREE INC 50,838 59,521
    DON QUIJOTE HOLDINGS CO LTD ADR 17,110 26,620
    DONALDSON CO INC 4,565 5,424
    DOWDUPONT INC 53,120 51,020
    EAST WEST BANCORP INC 8,338 9,315
    EASTGROUP PROPERTIES INC (MARYLAND CORP) 3,999 5,229
    EBARA CORP ADR 21,778 15,262
    ECOLAB INC 39,920 48,626
    EDISON INTL 65,502 52,796
    ELANCO ANIMAL HEALTH INC 34,159 32,539
    ENERGIZER HLDGS INC 4,021 3,251
    ENLINK MIDSTREAM LLC 23,649 14,055
    ENTERCOM COMMUNICATIONS CORP 12,525 6,292
    ENTERGY LA LLC B/E CALL@MW+25BP RATE 03.250% MATURES 04/01/28 CALLABLE 94,554 86,531
    ENTERPRISE PRODUCTS OPER CALL@MW+25BP RATE 04.800% MATURES 02/01/49 INTEREST 27,870 28,172
    EPR PROPERTIES REIT 19,016 18,697
    EQUITY RESIDENTIAL SBI 62,040 64,228
    ESSILORLUXOTTICA ADR 14,395 14,843
    EVERGY INC 13,536 16,463
    EXPEDITORS INTL WASH INC 70,644 94,781
    EXXON MOBIL CORP 24,742 19,707
    EXXON MOBIL CORP B/E CALL@MW+20BP RATE 03.043% MATURES 03/01/26 CALLABLE 129,354 121,946
    FACEBOOK INC CL A 118,453 121,127
    FACTSET RESH SYSTEMS INC 26,620 31,621
    FANUC CORP ADR 35,186 29,352
    FERGUSON PLC SPON ADR 18,246 17,224
    FHLMC PL G08669 RATE 04.0000% MATURES 09/01/45 81,226 77,612
    FHLMC PL G08737 RATE 03.0000% MATURES 11/01/46 81,366 79,887
    FHLMC PL G60440 RATE 03.5000% MATURES 03/01/46 160,217 152,845
    FIDELITY NATIONAL FINANCIAL INCOM 11,135 12,733
    FLIR SYSTEMS INC 39,093 31,828
    FNMA PL BM1285 RATE 04.5000% MATURES 05/01/47 102,145 97,976
    FNMA PL MA3210 RATE 03.5000% MATURES 12/01/47 137,861 136,572
    FNMA PL MA3385 RATE 04.5000% MATURES 04/01/48 16,477 16,567
    FNMA RATE 6.6250% MATURES 11/15/30 31,324 29,489
    FOMENTO ECONOMICO MEXICANO S.A.B. DE CV SPON ADR 26,174 25,815
    FORD MOTOR CREDIT CO LLC B/E RATE 03.664% MATURES 09/08/24 29,959 26,832
    FORD MOTOR CREDIT CO LLC B/E RATE 04.389% MATURES 01/08/26 100,105 85,643
    FORTIS INC CANADA ORD CAD 4,570 4,837
    FOUR CORNERS PPTY TRUST REIT 5,238 5,450
    GALLAGHER ARTHUR J & CO 6,608 9,213
    GALP ENERGIA SGPS SA ADR 8,463 8,303
    GARMIN LTD SHS CHF 4,167 5,319
    GEA GROUP AG SPON ADR 15,004 8,424
    GEELY AUTOMOBILE HLDGS LTD ADR 5,338 5,066
    GENL ELEC CAP CORP NTS RATE 05.875% MATURES 01/14/38 54,780 42,068
    GLAXO SMITHKLINE PLC ADR 32,852 30,721
    GOLDMAN SACHS GROUP INC B/E RATE 04.000% MATURES 03/03/24 44,104 41,444
    GRAN TIERRA ENERGY INC 7,455 6,369
    GROUPE CGI INC SV CL A CAD 23,273 28,331
    GRUPO FINANCIERO BANORTE SPON ADR 11,087 11,880
    H B FULLER CO 12,766 10,113
    HALLIBURTON CO (HOLDING COMPANY) 78,393 56,350
    HASBRO INC 24,761 22,994
    HAWAIIAN HOLDINGS INC 11,648 8,583
    HCA INC NTS B/E CALL@MW+50BP RATE 05.250% MATURES 06/15/26 CALLABLE 30,000 29,775
    HELLA KGAA HUECK & CO EUR 14,654 13,154
    HENRY JACK & ASSOC INC 22,881 33,401
    HNI CORP 8,237 6,448
    HOME DEPOT INC 79,766 108,247
    HONEYWELL INTL INC 92,289 102,921
    HOPE BANCORP INC COM 11,808 7,958
    HOYA CORP SPON ADR 26,115 26,283
    HP INC 15,064 13,545
    HUBBELL INC 7,208 6,656
    HUNTSMAN CORP 8,012 8,970
    ICICI BANK LTD SPON ADR 11,105 11,823
    IDEX CORP 5,213 7,197
    ILLINOIS TOOL WORKS INC 22,323 23,311
    INFINEON TECHNOLOGIES ADR 15,407 12,111
    INFORMA PLC SPON ADR 25,435 21,388
    INFOSYS LTD SPON ADR 14,389 14,023
    ING GROEP N V NL SPON ADR 24,909 16,182
    INGREDION INC COM 13,263 9,871
    INTEL CORP 42,626 55,284
    INTERACTIVE BROKERS GROUP INC CL A 28,379 28,582
    INTERCONTINENTALEXCHANGE GROUP 24,429 32,392
    INTESA SANPAOLO SPON ADR 16,909 13,071
    INVINCIBLE INVT CORP REIT JPY 21,290 18,360
    ISHARES 3-7 YEAR TREAS BOND ETF 1,782,045 1,724,123
    ISHARES 7-10 YEAR TREAS BOND ETF 1,813,355 1,718,362
    ISHARES CORE MSCI EMERGING MARKETS ETF 499,726 493,661
    ISHARES CORE S&P TOTAL US STOCK MKT ETF 1,137,297 1,282,265
    ISHARES EDGE MSCI MIN VOL USA ETF 1,175,668 1,322,314
    ISHARES MSCI EAFE ETF 42,981 36,150
    ISHARES MSCI EAFE GROWTH ETF FUND 1,525,412 1,568,994
    ISHARES MSCI EAFE VALUE ETF 1,543,019 1,511,750
    ISHARES MSCI JAPAN ETF 16,092 13,838
    ISHARES MSCI USA ESG SELECT SOCIAL INDEX ETF 506,465 464,130
    ISHARES TRUST ISHARES ESG MSCIUSA ETF 500,108 462,785
    ITAU UNIBANCO HLDG SA ADR 11,111 11,160
    J P MORGAN CHASE & CO B/E RATE 04.400% MATURES 07/22/20 59,042 58,031
    J2 GLOBAL INC COM 8,470 7,771
    JAMES RIV GROUP HLDGS LTD 17,797 16,991
    JAPAN AIRLINES CO UNSPONSORED ADR 10,995 12,924
    JOHNSON & JOHNSON COM 106,417 117,436
    JPMORGAN CHASE & CO 50,232 71,360
    JPMORGAN CHASE & CO B/E RATE 03.300% MATURES 04/01/26 CALLABLE 61,944 57,140
    JPMORGAN CHASE & CO NTS B/E RATE 03.625% MATURES 05/13/24 29,852 29,800
    JULIUS BAER GROUP LTD ADR 21,110 15,476
    KAO CORP UNSPONSORED ADR 8,244 11,622
    KAR AUCTION SVCS INC 12,946 13,743
    KASIKORNBANK PC UNSPONSORED ADR 19,217 18,556
    KB FINL GROUP INC SPON ADR 9,337 9,571
    KOC HOLDINGS ADR 5,672 5,742
    KROTON EDUCACIONAL SPON ADR 2,084 1,818
    KULICKE & SOFFA IND 17,499 14,777
    LAS VEGAS SANDS CORP 19,434 17,229
    LCI INDUSTRIES 13,549 10,554
    LEG IMMOBILIEN AG EUR 16,425 16,887
    LEIDOS HLDGS INC 10,380 12,284
    LENNOX INTL INC 32,478 42,021
    LILLY ELI & CO 17,800 18,747
    LINCOLN ELEC HOLDINGS NEW 7,898 8,831
    LITTELFUSE INC 18,165 19,892
    LOCKHEED MARTIN CORP 35,941 43,204
    LOREAL CO ADR FRANCE ADR 24,702 23,972
    LOWES COMPANIES INC 82,576 104,182
    LUKOIL PJSC SPON ADR 17,486 16,194
    LYONDELLBASELL INDUSTRIES N V SHS - A - CL A EUR 25,330 23,202
    MACROMILL INC JPY 21,766 11,610
    MAN WAH HOLDINGS LTD HKD 10,915 5,789
    MARATHON OIL CORP 53,327 54,191
    MARSH & MCLENNAN COS INC 82,462 90,516
    MAXIM INTEGRATED PRODS INC 12,727 16,425
    MC CORMICK & CO NV 11,195 16,013
    MCDONALDS CORP 55,806 61,262
    MEDICAL PROPERTIES TRUST INC REIT 13,543 17,350
    MEDIOBANCA SPA ADR 20,207 15,622
    MEDTRONIC INC B/E CALL@MW+25BP RATE 03.500% MATURES 03/15/25 79,275 74,704
    MEDTRONIC PLC 81,811 88,595
    MERCK & CO INC NEW COM 79,060 99,180
    MICROSOFT CORP 180,457 243,971
    MICROSOFT CORP B/E CALL@MW+20BP RATE 04.250% MATURES 02/06/47 CALLABLE 61,156 57,737
    MITSUBISHI UFJ FINANCIAL GROUPINC SPON ADR 19,778 14,113
    MKS INSTRUMENTS INC 28,710 19,448
    MOBILE TELESYSTEMS PJSC SPON ADR 4,790 4,655
    MOMO INC UNSPONSORED ADR 5,505 5,011
    MONDELEZ INTL INC 137,523 126,775
    MONSTER BEVERAGE CORP NEW COM 58,487 57,735
    MSA SAFETY INC COM 6,911 11,972
    MSCI INC 21,934 37,595
    NASPERS LTD SPON ADR 14,864 14,355
    NATIONAL RETAIL PROPERTIES INCREIT 6,834 7,810
    NATL HEALTH INVESTORS INC 8,024 8,838
    NEDBANK GROUP LTD SPON ADR 9,245 9,505
    NEWMARK GROUP INC CL A 11,811 10,498
    NEXTERA ENERGY INC COM 47,749 72,309
    NORDSON CORP 42,014 52,991
    NOVARTIS AG SPON ADR 84,901 90,701
    NOVO NORDISK ADR DENMARK ADR 48,249 51,783
    NUTRIEN LTD CAD 21,650 18,612
    O REILLY AUTOMOTIVE INC 27,884 40,631
    OCCIDENTAL PETROLEUM CRP 60,840 53,339
    OMEGA HEALTHCARE INVS INC 12,323 15,888
    OPEN TEXT CORP CAD 18,871 18,321
    ORACLE CORP 131,810 144,570
    ORACLE CORP NTS B/E CALL@MW+15BP RATE 03.250% MATURES 11/15/27 CALLABLE 65,630 62,691
    ORACLE CORP NTS B/E CALL@MW+15BP RATE 03.400% MATURES 07/08/24 CALLABLE 30,083 29,940
    PACIFIC GAS & ELEC CO CALL@MW+20BP RATE 03.850% MATURES 11/15/23 CALLABLE 15,386 13,424
    PACKAGING CORP OF AMERICA 8,946 9,264
    PACWEST BANCORP 26,916 20,966
    PADDY PWR PLC UN SPONSORED ADR 21,270 15,712
    PARKER HANNIFIN CORP 37,487 31,618
    PAYCHEX INC 38,510 44,954
    PEPSICO INC 50,828 52,920
    PERNOD RICARD SA ADR 17,331 19,808
    PETROLEO BRASILEIRO SA SPON ADR 9,415 8,821
    PFIZER INC 88,653 115,061
    PHILLIPS 66 20,507 16,282
    PING AN INSURANCE (GROUP) CO OF CHINA LTD REPSTG 20 H SHS SPON ADR 27,301 24,694
    PNC BANK NA B/E RATE 04.050% MATURES 07/26/28 INTEREST EARNED FROM 07/26/18 24,939 25,114
    PNC BK B/E RATE 02.950% MATURES 02/23/25 CALLABLE 10,056 9,622
    PNM RESOURCES INC (HOLDING CO) 3,113 4,027
    POOL CORP 24,033 33,149
    POSCO SPON ADR 8,455 8,296
    PRIMERICA INC 14,764 25,893
    PROCTER & GAMBLE CO 50,630 54,049
    PROGRESSIVE CORP B/E CALL@MW+15BP RATE 02.450% MATURES 01/15/27 124,968 113,815
    PRUDENTIAL PLC ADR UNITED KINGDOM 22,539 18,216
    PT BK MANDIRI PERSERO TBK ADR 19,226 21,029
    PT BK RAKYAT ADR 19,283 19,634
    QUALCOMM INC 52,613 50,252
    QUEST DIAGNOSTICS INC 46,544 45,382
    QVC INC B/E CALL@MW+30BP RATE 04.450% MATURES 02/15/25 109,600 101,372
    QWEST CORP CALL @MAKE WHOLE RATE 06.750% MATURES 12/01/21 26,641 25,561
    RAYTHEON CO NEW 46,310 48,152
    RBC BEARINGS INC 22,428 38,806
    REALTY INCOME CORP MD SBI 19,752 20,614
    RECKITT BENCKISER PLC SPON ADR 22,914 18,489
    RECRUIT HLDGS CO LTD JPY 13,143 22,212
    RED HAT INC 52,675 101,344
    REGENERON PHARMACEUTICLS INC 59,673 59,387
    RELX PLC SPON ADR 30,416 31,314
    RESIDEO TECHNOLOGIES INC 1,365 1,356
    ROCHE HLDG LTD SPONS ADR SWITZADR 29,809 29,992
    ROCKWELL AUTOMATION INC NEW 21,187 26,334
    ROYAL BANK SCOTLAND SPON ADR 13,991 11,208
    ROYAL DUTCH SHELL PLC ADS REPSTG 2 CL B ORD SHS SPON ADR 50,767 48,791
    RPM INTL INC (DELA) 7,186 8,112
    RPT RLTY REIT 8,087 7,768
    RYANAIR HOLDINGS PLC SPON ADR 13,429 8,775
    SALESFORCE.COM INC NTS CALL@MW+15BP RATE 03.700% MATURES 04/11/28 CALLABLE 58,903 60,317
    SAP SE SPON ADR 41,578 42,408
    SBERBANK SPON ADR 9,400 8,998
    SCHLUMBERGER INVMT SA CALL@MW+15BP RATE 03.650% MATURES 12/01/23 CALLABLE 132,599 125,595
    SCHLUMBERGER LTD NETHERLANDS ANTILLES 126,279 66,099
    SCHNEIDER ELEC SE UNSPONSORED ADR 25,685 23,674
    SCHWAB US LARGE-CAP GROWTH ETF 3,001,442 3,291,890
    SCHWAB US LARGE-CAP VALUE ETF 3,035,503 2,999,247
    SCOTTS MIRACLE-GRO CO CL A 51,546 37,859
    SEI INVESTMENTS CO 36,640 37,514
    SEMPRA ENERGY 37,209 35,162
    SEVEN & I HLDGS CO LTD ADR 9,869 10,274
    SHELL INTL FIN NTS B/E CALL@MW+20BP RATE 02.875% MATURES 05/10/26 45,941 44,121
    SHINHAN FINANCIAL HLDG CO SPONADR 7,407 7,453
    SIGNATURE BANK NEW YORK N Y 35,569 29,301
    SIMON PPTY GROUP INC SBI 31,566 31,582
    SIMON PPTY GROUP LP B/E CALL@MW+15BP RATE 03.375% MATURES 10/01/24 CALLABLE 24,951 24,457
    SIMON PPTY GROUP LP B/E CALL@MW+20BP RATE 03.300% MATURES 01/15/26 CALLABLE 68,698 62,653
    SIMON PPTY GROUP LP NTS CALL@MW+20BP RATE 03.375% MATURES 12/01/27 CALLABLE 32,725 33,494
    SINA CORP 3,955 3,272
    SITEONE LANDSCAPE SUPPLY INC 35,769 30,122
    SNAP ON INC 55,931 52,450
    SOFTBANK GROUP CORP ADR 12,094 10,530
    SONY CORP ADR NEW JAPAN ADR 23,326 28,389
    SPDR BLOOMBERG BARCLAYS INTER TERM TREAS ETF 1,773,085 1,741,957
    SPDR DOW JONES REIT ETF 1,783,922 1,678,806
    SPDR MSCI ACWI EX-US ETF 1,626,584 1,482,238
    SPDR PORTFOLIO INTER TERM CORPORATE BOND ETF $0.07 1,785,355 1,709,357
    SPDR PORTFOLIO SHORT TERM TREAS ETF 1,725,731 1,681,978
    SPDR S&P 400 MID CAP VALUE ETF**NAME CHANGE EFF 04/2009 ** 1,012,649 941,940
    SPDR S&P400 M/C GROWTH ETF 1,038,338 1,003,977
    STARBUCKS CORP 81,994 96,278
    STATE STREET CORP B/E RATE 02.650% MATURES 05/19/26 91,480 84,266
    STERIS PLC GBP 14,147 21,904
    SUNCOR ENERGY INC NEW CAD 13,009 11,859
    SUNNY OPTICAL TECH UNSPONSOREDADR 3,864 3,956
    SUNTORY BEVERAGE & FOOD L UNSPONSORED ADR 13,373 14,087
    SUZUKI MOTOR CORP LTD ADR 23,632 22,046
    TAIWAN SEMICONDUCTOR MFG CO LTD ADR 50,881 53,520
    TANGER FACTORY OUTLET CENTERS INC 9,362 7,259
    TARGA RESOURCES INVESTMENTS 19,288 16,389
    TATA MOTORS LTD SPON ADR 3,910 4,117
    TECHNIPFMC PLC 19,683 12,296
    TECHNOPRO HLDGS INC JPY 32,624 37,638
    TECHTRONIC INDS SPON ADR HONG KONG 16,772 15,960
    TELEFLEX INC 8,756 13,441
    TELEFONICA BRASIL SA SPON ADR 5,219 5,058
    TENCENT HLDGS LTD ADR 29,014 27,945
    TERADYNE INC 43,526 39,131
    TEXAS INSTRUMENTS 47,688 63,032
    THALES SPONS ORD EUR 20,612 17,840
    THERMO FISHER SCIENTIFIC INC 39,956 58,633
    THOR INDUSTRIES INC 36,416 21,320
    TJX COS INC NEW 29,579 35,434
    TOLL BROS FIN CORP B/E CALL@MW+50BP RATE 04.875% MATURES 03/15/27 CALLABLE 99,481 90,500
    TOPCON CORP JPY 13,616 12,213
    TOTAL S.A. FRANCE SPON ADR 22,286 22,177
    TRAVELPORT WORLDWIDE LTD 19,737 22,383
    TURKCELL ILETISIM HIZMETLERI A.S NEW ADR 3,683 3,563
    U S TREASURY NOTE RATE 2.1250% MATURES 09/30/21 59,156 58,440
    U S TREASURY NOTE RATE 2.6250% MATURES 08/31/20 112,453 113,150
    U S TREASURY NOTE RATE 2.7500% MATURES 02/15/28 28,436 29,150
    UBS GROUP AG CHF 9,352 7,193
    UBS SELECT PRIME INSTITUTIONAL FUND (90262Y505) 601,651 601,651
    UNILEVER NV N Y SHS NEW NETHERLANDS SPON SPON ADR 48,404 49,335
    UNITED AIR 2014-2 A PTT SER 2014-2 CL A RATE 03.7500% MATURES 03/03/28FACTOR 25,129 24,317
    UNITED AIRLS PASS THRU TR 2016SER 2016-1 CL A RATE 03.4500% MATURES 01/07/30 59,133 54,822
    UNITED PARCEL SERVICE INC CL B 18,846 17,068
    UNITED STATES T RATE 2.5000% MATURES 02/15/46 59,104 59,585
    UNITED STATES T RATE 3.0000% MATURES 05/15/45 95,255 89,828
    UNITEDHEALTH GROUP INC 79,474 83,206
    UNTD OVERSEAS BK LTD SPONS ADRSINGAPORE ADR 24,546 25,573
    UNTD TECHNOLOGIES CORP 35,531 36,097
    US BANCORP DEL (NEW) 29,913 25,912
    US BANCORP MED TERM NTS B/E RATE 03.600% MATURES 09/11/24 CALLABLE 29,938 29,856
    VALE SA-SP SPON ADR 5,776 5,764
    VALERO ENERGY CORP NEW 15,064 17,693
    VANGUARD RUSSELL 2000 GROWTH ETF 877,288 993,771
    VANGUARD RUSSELL 2000 VALUE ETF 904,310 918,367
    VANGUARD SHORT-TERM CORPORATE BOND ETF 3,563,355 3,455,470
    VARIAN MEDICAL SYSTEMS INC 23,728 32,180
    VEDANTA LTD SPON ADR 4,545 4,743
    VERIZON COMMUNICATIONS CALL@MW+40BP RATE 05.150% MATURES 09/15/23 58,889 56,411
    VERIZON COMMUNICATIONS INC 56,093 62,292
    VERMILION ENERGY INC CAD 24,438 15,170
    VINCI S.A ADR 31,142 25,125
    VIRGINIA ELEC & PWR CO CALL@MW+20BP RATE 03.150% MATURES 01/15/26 CALLABLE 83,982 77,257
    VISA INC CL A 137,409 200,153
    VISA INC NTS B/E CALL@MW+15BP RATE 03.150% MATURES 12/14/25 CALLABLE 76,889 73,702
    VIVENDI SA ADR 32,090 31,419
    VODAFONE GROUP PLC SPON ADR 15,080 9,775
    VOLKSWAGEN AG PREFERRED ADR 17,484 16,973
    WABCO HOLDINGS INC 45,123 46,264
    WALT DISNEY CO (HOLDING CO) DISNEY COM 59,609 66,009
    WASH TRUST BANCORP INC 7,240 8,555
    WASTE MGMT INC NEW 41,821 58,555
    WEC ENERGY GROUP INC COM 33,651 42,041
    WELLS FARGO & CO B/E RATE 03.584% MATURES 05/22/28 CALLABLE 45,921 43,204
    WESTERN ASSET SMASH SERIES C FUND 228,536 210,688
    WESTERN ASSET SMASH SERIES EC FUND 623,634 571,127
    WESTERN ASSET SMASH SERIES M FUND 658,129 643,864
    WH GROUP LTD SPON ADR 18,387 16,128
    WILLIAMS COS INC (DEL) 24,696 17,949
    WINMARK CORP 15,502 24,486
    WOLTERS KLUWER NV SPONSORED ADR NETHERLANDS ADR 44,425 59,325
    YOKOGAWA ELEC ADR 10,383 9,705
    YUM CHINA HLDGS INC 28,398 31,317
    YUM! BRANDS INC 23,724 35,205
    YY INC UNSPONSORED CL A ADR 5,964 5,328
    ZTO EXPRESS CAYMAN INC SPON ADR 13,347 12,806
    ZURICH INS GROUP LTD SPON ADR 24,524 22,831

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    TAILWATER ENERGY FUND II LP AT COST 147,469 416,736
    FIR TREE INTL VALUE FUND AT COST 28,230 15,670
    CENTERBRIDGE CREDIT PARTNERS OFFSHORE, LTD AT COST 219,516 234,983
    ATALAYA SPECIAL OPP FUND VI LP AT COST 446,108 463,196
    ENERVEST XIV FUND AT COST 532,721 329,610
    THOMPSON STREET CAP PTNERS IV AT COST 243,344 286,937
    STERLING GRP PARTNERS IV (PARALLEL) LP AT COST 240,602 267,730
    AMERICAN SECURITIES PARTNERS VII AT COST 273,388 218,659

    TY 2018 LandEtcSchedule2
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 3,511 3,511 0  
    PARKING SPACES 90,930 0 90,930  


    TY 2018 LegalFeesSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MORGAN LEWIS & BOCKIUS LLP 18,543 9,272   9,271


    TY 2018 OtherAssetsSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST RECEIVABLE 35,234 38,032 38,032
    TAXES RECEIVABLE 25,000 6,085 6,085
    INVESTMENTS RECEIVABLE 296,009 19,725 19,725


    TY 2018 OtherExpensesSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 194,561 194,561   0
    ADMIN EXPENSE 8,008 4,004   4,004
    PORTFOLIO EXPENSES 45,718 45,718   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME FROM PASSTHROUGH ACTIVITIES 154,481 228,092 154,481
    OTHER INCOME -5,736 -5,736 -5,736
    OTHER INCOME FROM PASSTHROUGH ACTIVITIES - UBTI -423   -423


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE ASSISTANCE 30,000 15,000   15,000


    TY 2018 TaxesSchedule
    Name:
    THE RICBAC FOUNDATION
    EIN:
    04-2660137
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 9,025 9,025   0
    REAL ESTATE TAXES 1,470 0   1,470
    FEDERAL EXCISE TAX 16,487 0   0