Form990-PF
Click to see attachment

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
CREWS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 488
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLLIERVILLE, TN380270488
A Employer identification number

46-1600634
B Telephone number (see instructions)

(901) 854-4014
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$27,424,446J Accounting method:
GAAP
(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) 600,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,346 1,346  
4 Dividends and interest from securities... 707,920 707,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 35,593
b Gross sales price for all assets on line 6a 2,604,510
7 Capital gain net income (from Part IV, line 2)... 35,593
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 93,735 93,735  
12 Total. Add lines 1 through 11........ 1,438,594 838,594  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,700 0   8,700
c Other professional fees (attach schedule).... Click to see attachment 93,988 93,988   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,570 18,250   0
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 669,172 668,293   879
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 795,430 780,531   9,579
25 Contributions, gifts, grants paid....... 1,530,820 1,530,820
26 Total expenses and disbursements. Add lines 24 and 25 2,326,250 780,531   1,540,399
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -887,656
b Net investment income (if negative, enter -0-) 58,063
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.............      
2 Savings and temporary cash investments......... 2,299,567 129,409 129,409
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)....... 9,165,141 Click to see attachment8,180,169 8,180,169
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).......... 19,643,811 Click to see attachment18,193,329 18,193,329
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment921,539 Click to see attachment921,539
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,108,519 27,424,446 27,424,446
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 80,000 50,000
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment30,454 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 110,454 50,000
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.................. 30,998,065 27,374,446
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 30,998,065 27,374,446
31 Total liabilities and net assets/fund balances (see instructions). 31,108,519 27,424,446
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
30,998,065
2
Enter amount from Part I, line 27a .....................
2
-887,656
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
30,110,409
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,735,963
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
27,374,446
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 CHARLES SCHWAB - 0589 P    
b CHARLES SCHWAB - 0589 P    
c CHARLES SCHWAB - 6019 P    
d CHARLES SCHWAB - 6019 P    
e CHARLES SCHWAB - 2943 P    
CHARLES SCHWAB - 2943 P    
RAYMOND JAMES - 6523 P    
RAYMOND JAMES - 6523 P    
RAYMOND JAMES - 0782 P    
RESOLUTE CAPITAL PARTNERS FUND P    
COMPOUND CAPITAL INVESTMENT FUND P    
COMPOUND CAPITAL INVESTMENT FUND P    
GULLANE CAPITAL PARTNERS P    
GULLANE CAPITAL PARTNERS P    
CCSD II LP P    
GT INTERNATIONAL EQUITY P    
GT INTERNATIONAL EQUITY P    
GT OFFSHORE FUND, LTD. (CLASS A) P    
GT ILS FUND P    
GT U.S. QP FUND P    
GT U.S. QP FUND P    
GT EMERGING MARKETS QP P    
GT EMERGING MARKETS QP P    
GT OFFSHORE FUND, LTD. (CLASS B) P    
GT U.S. QP FUND D    
GT EMERGING MARKETS QP P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 32,610   29,669 2,941
b 26,527   24,108 2,419
c 100,621   91,689 8,932
d 71,376   61,734 9,642
e 110,817   89,869 20,948
42,884   44,583 -1,699
7,643   7,200 443
837,906   835,695 2,211
563,341   584,602 -21,261
    8,632 -8,632
30,729     30,729
    278,452 -278,452
    178,610 -178,610
63,589     63,589
    12,475 -12,475
    9,272 -9,272
211,909     211,909
53,620     53,620
    16,722 -16,722
1,286     1,286
264,808     264,808
    15,877 -15,877
57,316     57,316
100,201     100,201
    279,700 -279,700
    28 -28
27,327     27,327
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       2,941
b       2,419
c       8,932
d       9,642
e       20,948
      -1,699
      443
      2,211
      -21,261
      -8,632
      30,729
      -278,452
      -178,610
      63,589
      -12,475
      -9,272
      211,909
      53,620
      -16,722
      1,286
      264,808
      -15,877
      57,316
      100,201
      -279,700
      -28
      27,327
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 35,593
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,128,737 21,592,143 0.052275
2016 1,032,836 12,292,942 0.084019
2015 983,821 11,867,825 0.082898
2014 839,234 12,150,125 0.069072
2013 740,407 11,040,696 0.067062
2
Total of line 1, column (d) .....................
2
0.355326
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
0.071065
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
30,734,120
5
Multiply line 4 by line 3......................
5
2,184,120
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
581
7
Add lines 5 and 6........................
7
2,184,701
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,540,399
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 1,161
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 1,161
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 1,161
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 5,598
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,598
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 11
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,426
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,426 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletHILLIARD R CREWS JR Telephone no.bullet (901) 854-4014

    Located atbulletPO BOX 488COLLIERVILLETN ZIP+4bullet380270488
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    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
    HILLIARD R CREWS JR PRESIDENT/DIRECTOR
    2.00     		0 0 0
    10001 HOLMES ROAD
    COLLIERVILLE,TN38017
    JASON L CREWS TREASURER/DIRECTOR
    0.25     		0 0 0
    294 DUBRAY MANOR DRIVE
    COLLIERVILLE,TN38017
    STACY CREWS MCGEE SECRETARY/DIRECTOR
    4.00     		0 0 0
    3145 SHEA ROAD
    COLLIERVILLE,TN38017
    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
    RAYMOND JAMES & ASSOCIATES INC INVESTMENT ADVISORY FEES 93,988
    1100 RIDGEWAY LOOP RD STE 600
    MEMPHIS,TN38120
    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
    29,862,535
    b
    Average of monthly cash balances.......................
    1b
    418,078
    c
    Fair market value of all other assets (see instructions)................
    1c
    921,539
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,202,152
    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
    31,202,152
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    468,032
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,734,120
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,536,706
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,536,706
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,161
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,161
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,535,545
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,535,545
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,535,545
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,540,399
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,540,399
    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
    1,540,399
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,535,545
    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...... 182,627
    b From 2014...... 241,980
    c From 2015...... 398,288
    d From 2016...... 419,909
    e From 2017...... 54,695
    fTotal of lines 3a through e........ 1,297,499
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,540,399
    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..... 1,535,545
    e Remaining amount distributed out of corpus 4,854
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,302,353
    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) ...     		182,627
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,119,726
    10 Analysis of line 9:
    a Excess from 2014.... 241,980
    b Excess from 2015.... 398,288
    c Excess from 2016.... 419,909
    d Excess from 2017.... 54,695
    e Excess from 2018.... 4,854
    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).)
    HILLIARD R CREWS JR
    JASON L CREWS
    STACY CREWS MCGEE
    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
    AGAPE CHILD & FAMILY SERVICES INC
    111 RACINE STREET
    MEMPHIS,TN38111     		  PC GENERAL - HEARTLIGHT CONFERENCE 5,000
    AMERICAN HEART ASSOCIATION
    5834 POPLAR AVE SUITE 100
    MEMPHIS,TN38119     		  PC GENERAL - OPERATING 1,000
    ARISE 2 READ
    4515 POPLAR AVE STE 304
    MEMPHIS,TN38117     		  PC GENERAL - OPERATING 15,000
    BOY SCOUTS OF AMERICA
    171 S HOLLYWOOD
    MEMPHIS,TN38112     		  PC GENERAL - OPERATING 2,000
    BOYS & GIRLS CLUB
    1275 PEACHTREE STREET NW
    ATLANTA,GA30309     		  PC GENERAL - OPERATING 5,000
    BRIARCREST CHRISTIAN SCHOOL
    6000 BRIARCREST AVENUE
    MEMPHIS,TN38120     		  PC GENERAL - OPERATING 10,000
    BRIDGES
    477 NORTH FIFTH STREET
    MEMPHIS,TN38105     		  PC GENERAL - OPERATING 15,000
    CAMPUS CRUSADE FOR CHRIST
    PO BOX 628222
    ORLANDO,FL328628222     		  PC GENERAL - OPERATING 5,000
    CHURCH HEALTH CENTER
    1210 PEABODY AVENUE
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 50,000
    COLLIERVILLE EDUCATION FUND
    108 MULBERRY ST
    COLLIERVILLE,TN38017     		  PC GENERAL - OPERATING 5,000
    DALLAS BAY CHURCH
    8305 DAISY DALLAS RD
    HIXSON,TN37343     		  PC GENERAL - OPERATING 500
    DREAM FACTORY OF MEMPHIS INC
    PO BOX 381766
    GERMANTOWN,TN381831766     		  PC GENERAL - OPERATING 5,000
    EPICENTER
    902 COOPER ST
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 60,000
    EXCHANGE CLUB FAMILY CENTER
    2180 UNION AVE
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 5,000
    FRAYSER CDC
    3684 N WATKINS ST
    MEMPHIS,TN38127     		  PC GENERAL - OPERATING 2,500
    GIFTS OF LOVE INC
    3639 NEW GETWELL STE 1
    MEMPHIS,TN38118     		  PC GENERAL - OPERATING 500
    GRACE EVANGELICAL CHURCH
    9750 WOLF RIVER BLVD
    GERMANTOWN,TN38139     		  PC GENERAL - OPERATING 40,000
    INNER LIGHT
    3618 WALKER AVE
    MEMPHIS,TN38152     		  PC GENERAL - OPERATING 1,000
    JUNIOR ACHIEVEMENT
    307 MADISON AVE
    MEMPHIS,TN38103     		  PC GENERAL - OPERATING 10,000
    LEADERSHIP EMPOWERMENT CENTER (LEC)
    3925 OVERTON CROSSING ST
    MEMPHIS,TN38127     		  PC GENERAL - OPERATING 10,000
    LEBONHEUR CHILDREN'S HOSPITAL FOUNDATION
    850 POPLAR AVENUE
    MEMPHIS,TN38105     		  PC GENERAL - OPERATING 2,500
    LIFE CHOICES
    5575 RALEIGH LAGRANGE RD
    MEMPHIS,TN38134     		  PC GENERAL - OPERATING 1,000
    MAKE-A-WISH
    1780 MORIAH WOODS BLVD STE 10
    MEMPHIS,TN381174215     		  PC GENERAL - OPERATING 2,120
    MEMPHIS ATHLETIC MINISTRIES (MAM)
    2146 BALL RD
    MEMPHIS,TN38114     		  PC GENERAL - OPERATING 10,000
    MEMPHIS CHILD ADVOCACY CENTER
    1085 POPLAR AVENUE
    MEMPHIS,TN38105     		  PC GENERAL - OPERATING 10,000
    MEMPHIS DEVELOPMENT FOUNDATION
    203 S MAIN STREET
    MEMPHIS,TN38103     		  PC GENERAL - OPERATING 2,500
    MEMPHIS GRIDIRON MINISTRIES - FOOTBALL
    456 TILLMAN ST
    MEMPHIS,TN38112     		  PC GENERAL - OPERATING 10,000
    MEMPHIS LEADERSHIP FOUNDATION
    1548 POPLAR AVE
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 20,000
    MEMPHIS TEACHER RESIDENCY
    1350 CONCOURSE AVENUE SUITE 366
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 75,000
    MEMPHIS THUNDER
    1880 WOLF RIVER BLVD
    COLLIERVILLE,TN38017     		  PC GENERAL - OPERATING 2,000
    MEMPHIS UNION MISSION
    383 POPLAR AVENUE
    MEMPHIS,TN381010330     		  PC GENERAL - OPERATING 5,000
    METAL MUSEUM
    374 METAL MUSEUM DR
    MEMPHIS,TN38106     		  PC GENERAL - OPERATING 1,000
    METHODIST HEALTHCARE FOUNDATION
    1211 UNION AVE SUITE 700
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 500
    MID-SOUTH FOOD BANK
    239 SOUTH DUDLEY
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 10,000
    MIFA
    PO BOX 3130
    MEMPHIS,TN38173     		  PC GENERAL - OPERATING 50,000
    NEW LEADERS
    530 OAK COURT DRIVE SUITE 155
    MEMPHIS,TN38117     		  PC GENERAL - OPERATING 100,000
    NEW MEMPHIS INSTITUTE
    22 N FRONT ST
    MEMPHIS,TN38103     		  PC GENERAL - OPERATING 20,000
    NINETY DEGREE RACING
    3169 PROFESSIONAL PLZ STE 1
    GERMANTOWN,TN38138     		  PC GENERAL - OPERATING 2,000
    PAGE ROBBINS ADULT DAY CENTER
    1961 S HOUSTON LEVEE RD
    COLLIERVILLE,TN38017     		  PC GENERAL - OPERATING 5,000
    PALMER HOME FOR CHILDREN
    PO BOX 746
    COLUMBUS,MS39703     		  PC GENERAL - OPERATING 10,000
    PINK PALACE MUSEUM
    3050 CENTRAL AVE
    MEMPHIS,TN38111     		  PC GENERAL - OPERATING 1,000
    RONALD MCDONALD HOUSE
    535 ALABAMA AVE
    MEMPHIS,TN38105     		  PC GENERAL - OPERATING 1,200
    RUF
    1700 N BROWN RD STE 104
    LAWRENCEVILLE,GA30043     		  PC GENERAL - OPERATING 5,000
    SERVICE OVER SELF (SOS)
    2505 POPLAR AVENUE
    MEMPHIS,TN38112     		  PC GENERAL - OPERATING 1,500
    SHELBY FARMS PARK CONSERVANCY
    500 NORTH PINE LAKE DRIVE
    MEMPHIS,TN38134     		  PC GENERAL - OPERATING 3,600
    SHEPHERDS HAVEN
    175 SHEPHERDS HAVEN WAY
    ARLINGTON,TN38002     		  PC GENERAL - OPERATING 2,000
    SLINGSHOT MEMPHIS
    802 ROZELLE ST
    MEMPHIS,TN38104     		  PC GENERAL - OPERATING 50,000
    SOCIETY OF ENTREPRENEURS
    PO BOX 770839
    MEMPHIS,TN38177     		  PC GENERAL - OPERATING 3,700
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    51 GERMANTOWN COURT STE 309
    CORDOVA,TN38018     		  PC GENERAL - OPERATING 3,000
    STREETS MINISTRIES
    PO BOX 42181
    MEMPHIS,TN381742181     		  PC GENERAL - OPERATING 5,000
    TEACH FOR AMERICA
    175 TOYOTA PLAZA STE 350
    MEMPHIS,TN38103     		  PC GENERAL - OPERATING 182,150
    TENNIS MEMPHIS
    4145 SOUTHERN AVE
    MEMPHIS,TN38117     		  PC GENERAL - OPERATING 1,000
    THE LIFE CHURCH
    255 N HIGHLAND ST
    MEMPHIS,TN38111     		  PC GENERAL - OPERATING 500
    TRIUMPH BANK FOUNDATION
    5699 POPLAR AVE
    MEMPHIS,TN38119     		  PC GENERAL - OPERATING 170,000
    UNITED WAY OF THE MID-SOUTH
    6775 LENOX CENTER CT STE 200
    MEMPHIS,TN38115     		  PC GENERAL - OPERATING 60,000
    UNIVERSITY OF MEMPHIS FOUNDATION
    635 NORMAL STREET ALUMNI CTR
    MEMPHIS,TN381523750     		  PC GENERAL - OPERATING 389,800
    WEST CLINIC
    7945 WOLF RIVER BLVD
    GERMANTOWN,TN38138     		  PC GENERAL - OPERATING 10,000
    WOLF RIVER CONSERVANCY
    2693 UNION AVE EXTENDED 205
    MEMPHIS,TN38112     		  PC GENERAL - OPERATING 500
    YMCA OF SCHILLING FARMS
    1185 SCHILLING BLVD E
    COLLIERVILLE,TN38017     		  PC GENERAL - OPERATING 2,500
    YOUNG LIFE
    658 COLONIAL RD
    MEMPHIS,TN38117     		  PC GENERAL - OPERATING 250
    YOUTH LEADERSHIP OF MEMPHIS
    1255 LYNNFIELD RD STE 141
    MEMPHIS,TN38119     		  PC GENERAL - OPERATING 2,000
    YOUTH VILLAGES
    PO BOX 341154
    MEMPHIS,TN381841154     		  PC GENERAL - OPERATING 50,000
    Total .................................bullet 3a 1,530,820
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,346  
    4 Dividends and interest from securities....     14 707,920  
    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 93,735  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 35,593  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 838,594 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    838,594
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    CREWS FAMILY FOUNDATION
     
    Employer identification number

    46-1600634
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    CREWS FAMILY FOUNDATION
          		Employer identification number
    46-1600634
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JASON L CREWS
     
    294 DUBRAY MANOR DRIVE
     
    COLLIERVILLE, TN38017

    		$ 600,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    CREWS FAMILY FOUNDATION
          		Employer identification number

    46-1600634
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    CREWS FAMILY FOUNDATION
          		Employer identification number

    46-1600634
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 8,700 0   8,700

    TY 2018 GeneralExplanationAttachment
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Identifier Return Reference Explanation
    SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FORM 990-PF CREWS FAMILY FOUNDATIONP.O. BOX 488COLLIERVILLE, TN 38027-0488EMPLOYER IDENTIFICATION NUMBER: 46-1600634FOR THE YEAR ENDING DECEMBER 31, 2018THE CREWS FAMILY FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
    LOAN FROM DISQUALFIED PERSONS FORM 990-PF, PART II, LINE 20, COLUMN (B) CREWS FAMILY FOUNDATIONP.O. BOX 488COLLIERVILLE, TN 38027-0488EMPLOYER IDENTIFICATION NUMBER: 46-1600634FOR THE YEAR ENDING DECEMBER 31, 2018LENDER'S NAME: HILLIARD R. CREWS, JR.LENDER'S TITLE: TRUSTEEORIGINAL AMOUNT BORROWED: $50,000DATE OF LOAN: 1/1/2018MATURITY DATE: NONE REPAYMENT TERMS: AS CASH IS AVAILABLEINTEREST RATE: NONESECURITY PROVIDED BY BORROWER: NONEPURPOSE OF LOAN: PROVIDE TEMPORARY OPERATING FUNDSDESCRIPTION AND FMV OF CONSIDERATION: CASH - $50,000BALANCE DUE AT YEAR-END: $50,000

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Name of Stock End of Year Book Value End of Year Fair Market Value
    RAYMOND JAMES #6523 8,180,169 8,180,169

    TY 2018 InvestmentsOtherSchedule2
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COMPOUND CAPITAL INVESTMENT FUND, LP FMV 3,237,453 3,237,453
    GULLANE CAPITAL PARTNERS, LLC FMV 1,733,726 1,733,726
    CCSD II, LP FMV 567,802 567,802
    CHARLES SCHWAB #9631 FMV 253,220 253,220
    GT INTERNATIONAL EQUITY QP FUND, LP FMV 3,497,378 3,497,378
    GT OFFSHORE FUND, LTD FMV 3,240,496 3,240,496
    GT EMERGING MARKETS, LP FMV 1,291,161 1,291,161
    GT GLOBAL HEDGE, LP FMV 1,884,830 1,884,830
    RESOLUTE CAPITAL PARTNERS FUND IV, LP FMV 991,023 991,023
    CHARLES SCHWAB #0589 FMV 177,423 177,423
    CHARLES SCHWAB #6019 FMV 502,154 502,154
    CHARLES SCHWAB #2943 FMV 265,842 265,842
    MKMF LIQUIDATING TRUST AT COST 15,880 15,880
    CAPITAL ALIGNMENT PARTNERS III FMV 324,193 324,193
    GT ILS FUND FMV 210,748 210,748

    TY 2018 OtherAssetsSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DISTRIBUTIONS RECEIVABLE 0 921,539 921,539


    TY 2018 OtherDecreasesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Description Amount
    UNREALIZED INVESTMENT LOSSES 2,594,204
    BOOK/TAX DIFFERENCES - COMPOUND CAPITAL INVESTMENT FUND, LP 1,132
    BOOK/TAX DIFFERENCES - CCSD II, LP 48,606
    BOOK/TAX DIFFERENCES - CAPITAL ALIGNMENT PARTNERS III 2,778
    BOOK/TAX DIFFERENCES - GULLANE CAPITAL 89,043
    BOOK/TAX DIFFERENCES - RESOLUTE CAPITAL PARTNERS FUND IV 82
    BOOK/TAX DIFFERENCES - GT INTERNATIONAL EQUITY QP FUND, LP 118


    TY 2018 OtherExpensesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GULLANE CAPITAL PTNRS - INVESTMENT INTEREST 61,111 61,111   0
    CCSD II LP - OTHER DEDUCTIONS 17,079 17,079   0
    GULLANE CAPITAL PTNRS - OTHER DEDUCTIONS 101,911 101,911   0
    BANK SERVICE CHARGES 130 130   0
    P.O. BOX RENTAL 214 107   107
    COMPOUND CAPITAL INVESTMENT FUND - INVESTMENT INTEREST 1 1   0
    CAPITAL ALIGNMENT PARTNERS III - OTHER DEDUCTIONS 41,693 41,693   0
    RESOLUTE CAPITAL PARTNERS FUND IV - INVESTMENT INTEREST EXPENSE 31,039 31,039   0
    GT INTERNATIONAL EQUITY QP FUND - INVESTMENT INTEREST 1,437 1,437   0
    GT INTERNATIONAL EQUITY QP FUND - OTHER DEDUCTIONS 87,168 87,168   0
    RESOLUTE CAPITAL PARTNERS FUND IV - OTHER DEDUCTIONS 203,863 203,548   315
    CAPITAL ALIGNMENT PARTNERS III - INVESTMENT INTEREST EXPENSE 269 269   0
    COMPOUND CAPITAL INVESTMENT FUND - OTHER DEDUCTIONS 73,747 73,747   0
    CCSD II LP - CHARITABLE CONTRIBUTIONS 5 0   5
    GT INTERNATIONAL EQUITY QP FUND - CHARITABLE CONTRIBUTIONS 452 0   452
    GT ILS FUND - OTHER DEDUCTIONS 3,961 3,961   0
    GT U.S. QP FUND - INVESTMENT INTEREST EXPENSE 637 637   0
    GT U.S. QP FUND - OTHER DEDUCTIONS 10,125 10,125   0
    GT EMERGING MARKETS QP - INVESTMENT INTEREST EXPENSE 3,875 3,875   0
    GT EMERGING MARKETS QP - OTHER DEDUCTIONS 30,455 30,455   0


    TY 2018 OtherIncomeSchedule2
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CCSD II LP - OTHER INCOME -11,797 -11,797 -11,797
    CAPITAL ALIGNMENT PARTNERS III, LP - OTHER INCOME 5,668 5,668 5,668
    RESOLUTE CAPITAL PARTNERS - OTHER INCOME 57,015 57,015 57,015
    GT INTERNATIONAL EQUITY QP FUND - OTHER INCOME 32,758 32,758 32,758
    GT PARTNERS OFFSHORE - OTHER INCOME 2,412 2,412 2,412
    GT U.S. QP FUND - OTHER INCOME 3,660 3,660 3,660
    GT EMERGING MARKETS QP - OTHER INCOME 4,019 4,019 4,019


    TY 2018 OtherLiabilitiesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Description Beginning of Year - Book Value End of Year - Book Value
    CAPITAL ALIGNMENT PARTNERS III, LP 30,454 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 93,988 93,988   0


    TY 2018 TaxesSchedule
    Name:
    CREWS FAMILY FOUNDATION
    EIN:
    46-1600634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 18,250 18,250   0
    FEDERAL TAXES PAID 5,300 0   0
    TN ANNUAL REPORT 20 0   0