TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

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

Name of foundation
BELLE T SMITH TUW

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1501 NJ2-130-03-31
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PENNINGTON, NJ085341501

A Employer identification number

04-6019078

B Telephone number (see instructions)

(609) 274-6834

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$2,273,057J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	65,676		64,286
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		131,891
b	Gross sales price for all assets on line 6a 1,179,830
7	Capital gain net income (from Part IV, line 2)...			131,891
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		263	263
12	Total. Add lines 1 through 11........	197,830		196,440
13	Compensation of officers, directors, trustees, etc.	11,358		4,543		6,815
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		6,688	2,942		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		244	209		35
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	18,290		7,694	0	6,850
25	Contributions, gifts, grants paid.......	134,980				134,980
26	Total expenses and disbursements. Add lines 24 and 25	153,270		7,694	0	141,830
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	44,560
b	Net investment income (if negative, enter -0-)			188,746
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,033	562	562
	2	Savings and temporary cash investments.........	127,538	110,100	110,100
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	62,039
	b	Investments—corporate stock (attach schedule).......	911,126	688,897	659,025
	c	Investments—corporate bonds (attach schedule).......	74,228	137,231	134,817
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,170,780	1,452,902	1,368,553
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,346,744	2,389,692	2,273,057
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	2,346,744	2,389,692
	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).....	2,346,744	2,389,692
	31	Total liabilities and net assets/fund balances (see instructions).	2,346,744	2,389,692

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

2,346,744

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

44,560

Other increases not included in line 2 (itemize) bullet

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

2,391,364

Decreases not included in line 2 (itemize) bullet

1,672

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

2,389,692

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	62. ADVANCED ENERGY INDS INC COM		2015-11-03	2018-01-05
b	311. THIRD POINT REINSURANCE		2017-06-21	2018-01-05
c	77. AECOM TECH CORP		2016-12-16	2018-01-11
d	160. CYPRESS SEMICONDUCTOR CORP COM		2017-02-17	2018-01-11
e	117. HUNTINGTON BANCSHARES INC		2016-06-03	2018-01-11
	77. MASCO CORPORATION		2015-11-03	2018-01-11
	57. SKYWORKS SOLUTIONS INC		2017-01-20	2018-01-11
	12. SKYWORKS SOLUTIONS INC		2017-10-11	2018-01-11
	48. TEXAS CAP BANCSHARES INC		2016-12-16	2018-01-11
	3000. U.S. TREASURY NOTE		2016-07-12	2018-01-11
	135. CEMEX S A		2017-06-08	2018-01-12
	8. SONY CORP ADR AMERN SH NEW		2016-04-12	2018-01-12
	2000. MORGAN STANLEY		2016-05-09	2018-01-17
	1000. MORGAN STANLEY		2017-05-17	2018-01-17
	1000. CONOCOPHILLIPS COMPANY		2016-06-15	2018-01-22
	10. JOHNSON & JOHNSON COM		2015-11-03	2018-02-02
	19. JOHNSON & JOHNSON COM		2016-11-17	2018-02-02
	45. JOHNSON & JOHNSON COM		2017-01-20	2018-02-02
	63. JOHNSON & JOHNSON COM		2017-03-02	2018-02-02
	4. JOHNSON & JOHNSON COM		2017-04-05	2018-02-02
	161. MICROSOFT CORP COM		2017-11-02	2018-02-02
	72. MICROSOFT CORP COM		2017-11-03	2018-02-02
	23. 3M CO		2017-04-05	2018-02-02
	25. 3M CO		2017-05-02	2018-02-02
	9. 3M CO		2017-07-25	2018-02-02
	28. 3M CO		2017-08-02	2018-02-02
	2000. U.S. TREASURY NOTE		2015-11-03	2018-02-05
	185. SK TELECOM LTD SPON ADR		2015-11-03	2018-02-06
	22. SK TELECOM LTD SPON ADR		2016-04-12	2018-02-06
	96. UNILEVER PLC AMER SHS ADR NEW		2017-07-25	2018-02-06
	3. UNILEVER PLC AMER SHS ADR NEW		2017-11-03	2018-02-06
	10. UNILEVER PLC AMER SHS ADR NEW		2018-01-05	2018-02-06
	53. WPP PLC NEW/ADR		2017-07-25	2018-02-06
	11. WPP PLC NEW/ADR		2017-11-03	2018-02-06
	8. AEGON N V ORD		2017-07-25	2018-02-07
	2. AIR LEASE CORP CL A		2015-12-11	2018-02-07
	175. ALASKA AIR GROUP, INC		2018-02-02	2018-02-07
	80. AUTOMATIC DATA PROCESSING INC COMMON		2017-09-05	2018-02-07
	9. CBRE GROUP INC		2017-08-11	2018-02-07
	127. CH ROBINSON WORLDWIDE INC		2017-11-02	2018-02-07
	5. CEMEX S A		2017-06-08	2018-02-07
	5. CENTENE CORP DEL		2017-07-25	2018-02-07
	7. CHINA PETE & CHEM CORP SPONSORED		2015-11-03	2018-02-07
	4. CONAGRA FOODS INC		2016-01-12	2018-02-07
	46. CREDIT SUISSE GROUP SPONSORED ADR		2017-07-25	2018-02-07
	23. DST SYS INC DEL		2017-04-18	2018-02-07
	8. EAST WEST BANCORP INC		2015-11-03	2018-02-07
	82. EMBRAER S A SPONSRD ADR		2017-11-03	2018-02-07
	99. EMERSON ELECTRIC COMPANY		2017-02-03	2018-02-07
	49. EMERSON ELECTRIC COMPANY		2017-03-02	2018-02-07
	6. GW PHARMACEUTICALS PLC		2015-11-03	2018-02-07
	6. GILDAN ACTIVEWEAR INC SUB VTG SHS		2016-07-01	2018-02-07
	2. HILL ROM HLDGS		2015-11-03	2018-02-07
	6. HUBSPOT INC		2017-12-05	2018-02-07
	10. HUNTINGTON BANCSHARES INC		2016-06-03	2018-02-07
	6. HYATT HOTELS CORP		2017-11-09	2018-02-07
	4. IAC INTERACTIVECORP		2018-01-11	2018-02-07
	39. ICICI BK LTD		2015-11-03	2018-02-07
	72. KAPSTONE PAPR AND PCKG		2017-03-17	2018-02-07
	18. MGIC INVT CORP WIS COM		2016-12-13	2018-02-07
	8. MGM MIRAGE		2015-11-03	2018-02-07
	59. MADISON (THE) SQUARE		2017-02-22	2018-02-07
	33. MADISON (THE) SQUARE		2017-04-05	2018-02-07
	13. MELCO PBL ENTERTAINMENT-		2017-04-19	2018-02-07
	75. MITSUBISHI UFJ FINL GRP		2017-04-19	2018-02-07
	16. MOELIS & COMPANY SHS -A		2017-04-18	2018-02-07
	139. PAYCHEX INC COM		2017-10-03	2018-02-07
	55. PROCTER & GAMBLE CO COM		2016-03-02	2018-02-07
	33. PROCTER & GAMBLE CO COM		2016-11-17	2018-02-07
	6. PROCTER & GAMBLE CO COM		2017-02-03	2018-02-07
	2. PRUDENTIAL PLC ADR		2015-11-03	2018-02-07
	72. REGIONS FINL CORP NEW		2015-12-09	2018-02-07
	8. SERVICE CORP INTERNATIONAL		2017-07-25	2018-02-07
	11. SERVICENOW INC		2015-11-03	2018-02-07
	6. SONY CORP ADR AMERN SH NEW		2016-04-12	2018-02-07
	26. SPLUNK INC		2017-10-11	2018-02-07
	26. STEEL DYNAMICS INC		2017-03-24	2018-02-07
	96. TEXAS INSTRUMENTS INC		2017-03-02	2018-02-07
	105. TIFFANY & CO NEW		2017-09-05	2018-02-07
	83. UNION PACIFIC CORP		2015-11-03	2018-02-07
	78. UNITED TECHNOLOGIES CORP		2017-02-03	2018-02-07
	1891. VANECK VECTORS		2016-07-22	2018-02-07
	1625. VANECK VECTORS		2016-09-27	2018-02-07
	70. VANGUARD INTL EQTY INDX		2015-11-03	2018-02-07
	111. WAL MART STORES INC		2015-11-03	2018-02-07
	2. ZIONS BANCORP NA		2018-01-11	2018-02-07
	20. INTL GAME TECH PLC		2016-06-21	2018-02-07
	2000. U.S. TREASURY NOTE		2016-05-02	2018-02-08
	1000. U.S. TREASURY NOTE		2016-08-03	2018-02-08
	1000. U.S. TREASURY NOTE		2017-05-17	2018-02-08
	1000. U.S. TREASURY NOTE		2017-04-20	2018-02-09
	3000. U.S. TREASURY NOTE		2018-01-11	2018-02-20
	1000. U.S. TREASURY NOTE		2017-09-25	2018-02-20
	1000. U.S. TREASURY NOTE		2017-10-10	2018-02-20
	1000. FEDERAL NATL MTG ASSN M/T/N		2015-11-03	2018-02-27
	10. AMGEN INC		2017-12-04	2018-03-02
	30. SOUTHWEST GAS CORPORATION COMMON		2016-12-13	2018-03-02
	39. SOUTHWEST GAS CORPORATION COMMON		2016-12-13	2018-03-02
	20. WAL MART STORES INC		2015-11-03	2018-03-02
	37. WAL MART STORES INC		2016-11-17	2018-03-02
	49. WAL MART STORES INC		2017-03-08	2018-03-02
	1. WAL MART STORES INC		2017-11-03	2018-03-02
	2000. U.S. TREASURY NOTE		2016-12-01	2018-03-07
	1000. U.S. TREASURY NOTE		2017-04-06	2018-03-07
	100. BRITISH AMERICAN TOBACCO		2015-11-03	2018-03-08
	18. BRITISH AMERICAN TOBACCO		2016-09-08	2018-03-08
	4. BRITISH AMERICAN TOBACCO		2018-02-07	2018-03-08
	76. CREDIT SUISSE GROUP SPONSORED ADR		2017-07-25	2018-03-08
	63. MANULIFE FINL CORP		2017-05-24	2018-03-08
	1430. VEON LTD		2017-01-26	2018-03-08
	105. VEON LTD		2017-04-05	2018-03-08
	40. VEON LTD		2017-07-25	2018-03-08
	97. VEON LTD		2017-11-03	2018-03-08
	99. VEON LTD		2018-02-07	2018-03-08
	26.22 FNMA PBH9215 03 50%2048		2018-03-26	2018-03-26
	120. CAMPING WORLD HOLDINGS		2017-08-23	2018-03-27
	148. CAMPING WORLD HOLDINGS		2017-11-06	2018-03-27
	12. CAMPING WORLD HOLDINGS		2018-02-07	2018-03-27
	56. DST SYS INC DEL		2017-04-18	2018-03-27
	7. DST SYS INC DEL		2017-07-25	2018-03-27
	87. TIFFANY & CO NEW		2017-09-05	2018-04-03
	19. TIFFANY & CO NEW		2017-11-03	2018-04-03
	145. KAPSTONE PAPR AND PCKG		2017-03-17	2018-04-04
	4. KAPSTONE PAPR AND PCKG		2017-04-05	2018-04-04
	3. KAPSTONE PAPR AND PCKG		2017-07-25	2018-04-04
	44. TECH DATA CORP		2016-12-13	2018-04-04
	6. TECH DATA CORP		2017-01-20	2018-04-04
	6. TECH DATA CORP		2017-11-03	2018-04-04
	18. AGILENT TECHNOLOGIES INC		2017-01-20	2018-04-09
	27. BIOMARIN PHARMACEUTICAL INC		2017-03-24	2018-04-09
	33. CLOVIS ONCOLOGY INC		2017-10-11	2018-04-09
	147. FIRST DATA CORPORATION		2016-04-27	2018-04-09
	14. SERVICENOW INC		2015-11-03	2018-04-09
	24. SPLUNK INC		2017-10-11	2018-04-09
	91. STEEL DYNAMICS INC		2017-03-24	2018-04-09
	3. EMBRAER S A SPONSRD ADR		2017-11-03	2018-04-10
	4. GW PHARMACEUTICALS PLC		2015-11-03	2018-04-10
	1. GW PHARMACEUTICALS PLC		2016-01-12	2018-04-10
	2. SONY CORP ADR AMERN SH NEW		2016-04-12	2018-04-10
	31.5 FNMA PBH9215 03 50%2048		2018-04-25	2018-04-25
	171. ALASKA AIR GROUP, INC		2018-02-02	2018-05-02
	168. PAYCHEX INC COM		2017-10-03	2018-05-02
	2000. MORGAN STANLEY		2018-01-17	2018-05-03
	229. NTT DOCOMO INC		2017-07-25	2018-05-03
	23. NTT DOCOMO INC		2018-02-07	2018-05-03
	127. JELD WEN HLDG INC		2018-01-05	2018-05-04
	9. JELD WEN HLDG INC		2018-02-07	2018-05-04
	215. OWENS ILL INC COM		2017-08-23	2018-05-04
	18. OWENS ILL INC COM		2018-02-07	2018-05-04
	.5 APERGY CORP REG SHS		2017-11-06	2018-05-15
	2000. STATOIL ASA		2015-11-03	2018-05-15
	26. APERGY CORP REG SHS		2017-11-06	2018-05-16
	.29 PIMCO INCOME FUND CL P		2015-11-03	2018-05-16
	1704. PIMCO INCOME FUND CL P		2015-11-03	2018-05-16
	2000. AT&T INC		2017-07-31	2018-05-23
	20.68 FNMA PBH9215 03 50%2048		2018-05-25	2018-05-25
	332. MGIC INVT CORP WIS COM		2016-12-13	2018-05-25
	27. MGIC INVT CORP WIS COM		2017-01-20	2018-05-25
	76. CVS CORP		2018-03-02	2018-06-04
	39. ROCKWELL INTL CORP NEW		2018-05-02	2018-06-04
	2. UNION PACIFIC CORP		2015-11-03	2018-06-04
	31. UNION PACIFIC CORP		2015-12-16	2018-06-04
	16. UNION PACIFIC CORP		2016-04-12	2018-06-04
	14. UNION PACIFIC CORP		2016-11-17	2018-06-04
	3. UNION PACIFIC CORP		2017-04-05	2018-06-04
	12. UNION PACIFIC CORP		2017-07-25	2018-06-04
	6. UNION PACIFIC CORP		2017-11-03	2018-06-04
	31.43 FNMA PBH9215 03 50%2048		2018-06-25	2018-06-25
	2000. APPLE INC		2015-11-03	2018-06-28
	69. BHP BILLITON LIMITED		2017-05-10	2018-06-28
	588. ICICI BK LTD		2015-11-03	2018-06-28
	43. ICICI BK LTD		2016-04-12	2018-06-28
	123. PAMPA ENERGIA SA ADR		2018-02-07	2018-06-28
	75. RED ROBIN GOURMET BURGERS INC		2017-06-21	2018-06-28
	2. RED ROBIN GOURMET BURGERS INC		2017-07-25	2018-06-28
	20. RED ROBIN GOURMET BURGERS INC		2018-02-07	2018-06-28
	2. CHUBB LTD		2015-11-03	2018-06-28
	1000. ENERGY TRANSFER PARTNERS		2015-11-03	2018-07-02
	935. AEGON N V ORD		2017-07-25	2018-07-03
	38. AUTOMATIC DATA PROCESSING INC COMMON		2017-09-05	2018-07-03
	58. AUTOMATIC DATA PROCESSING INC COMMON		2017-10-03	2018-07-03
	58. ANDEAVOR REG SHS		2017-12-08	2018-07-05
	6. ANDEAVOR REG SHS		2018-02-07	2018-07-05
	58. CBRE GROUP INC		2017-08-11	2018-07-05
	15. CENTENE CORP DEL		2017-07-25	2018-07-05
	28. CLOVIS ONCOLOGY INC		2017-10-11	2018-07-05
	9. CLOVIS ONCOLOGY INC		2017-11-03	2018-07-05
	29. CLOVIS ONCOLOGY INC		2018-02-07	2018-07-05
	41. DEVON ENERGY CORPORATION NEW		2017-12-08	2018-07-05
	89. FIRST DATA CORPORATION		2016-04-27	2018-07-05
	3. HUNTINGTON INGALLS INDS		2017-02-17	2018-07-05
	100. MASCO CORPORATION		2015-11-03	2018-07-05
	20. MASCO CORPORATION		2017-01-20	2018-07-05
	2. MASCO CORPORATION		2018-02-07	2018-07-05
	43. PRINCIPAL FINL GROUP INC		2015-11-03	2018-07-05
	36. PRINCIPAL FINL GROUP INC		2016-04-12	2018-07-05
	15. PRINCIPAL FINL GROUP INC		2017-07-25	2018-07-05
	7. PRINCIPAL FINL GROUP INC		2018-02-07	2018-07-05
	16. SBA COMMUNICATIONS CORP		2016-08-10	2018-07-05
	30. SOUTHWEST GAS CORPORATION COMMON		2016-12-13	2018-07-05
	1. SOUTHWEST GAS CORPORATION COMMON		2017-01-20	2018-07-05
	6. SOUTHWEST GAS CORPORATION COMMON		2017-03-24	2018-07-05
	65. AECOM TECH CORP		2016-12-16	2018-07-20
	38. AGILENT TECHNOLOGIES INC		2017-01-20	2018-07-20
	28. ALASKA AIR GROUP, INC		2018-06-04	2018-07-20
	29. ASTRAZENECA PLC SPONS ADR		2017-07-25	2018-07-20
	63. AVANGRID INC SHS		2017-12-08	2018-07-20
	2. BAIDU.COM ADR		2016-07-15	2018-07-20
	5. BANK MONTREAL QUE		2017-07-25	2018-07-20
	54. BERRY PLASTICS GROUP INC		2016-01-12	2018-07-20
	26. BIOMARIN PHARMACEUTICAL INC		2017-03-24	2018-07-20
	57. BOX INC CL A		2018-01-05	2018-07-20
	79. CBRE GROUP INC		2017-08-11	2018-07-20
	9. CH ROBINSON WORLDWIDE INC		2017-11-02	2018-07-20
	10. CATALENT INC SHS		2017-05-23	2018-07-20
	31. CENTENE CORP DEL		2017-07-25	2018-07-20
	10. CHARLES RIV LABORATORIES INTL INC		2015-12-11	2018-07-20
	15. CHINA PETE & CHEM CORP SPONSORED		2015-11-03	2018-07-20
	5. CHINA TELECOM CORP LTD SPONS ADR		2017-11-07	2018-07-20
	75. CONAGRA FOODS INC		2016-01-12	2018-07-20
	174. CYPRESS SEMICONDUCTOR CORP COM		2017-02-17	2018-07-20
	83. CYRUSONE INC		2016-10-18	2018-07-20
	7. CYRUSONE INC		2017-12-08	2018-07-20
	27. D R HORTON INC		2017-11-09	2018-07-20
	25. D R HORTON INC		2017-11-09	2018-07-20
	84. DEVON ENERGY CORPORATION NEW		2017-12-08	2018-07-20
	7. DIAGEO PLC SPON ADR NEW		2015-12-11	2018-07-20
	34. DOVER CORPORATION		2017-11-06	2018-07-20
	63. EAST WEST BANCORP INC		2015-11-03	2018-07-20
	17. EMERSON ELECTRIC COMPANY		2017-03-02	2018-07-20
	106. FIRST DATA CORPORATION		2016-04-27	2018-07-20
	15. FIRST DATA CORPORATION		2016-09-27	2018-07-20
	10. GW PHARMACEUTICALS PLC		2016-01-12	2018-07-20
	116. GRAPHIC PACKAGING HLDG C		2018-04-09	2018-07-20
	22. GREENBRIER COS INC		2015-11-03	2018-07-20
	35. HESS CORP		2018-07-05	2018-07-20
	42. HILL ROM HLDGS		2015-11-03	2018-07-20
	16. HUBSPOT INC		2017-12-05	2018-07-20
	167. HUNTINGTON BANCSHARES INC		2016-06-03	2018-07-20
	18. HUNTINGTON INGALLS INDS		2017-02-17	2018-07-20
	36. HYATT HOTELS CORP		2017-11-09	2018-07-20
	19. IAC INTERACTIVECORP		2018-01-11	2018-07-20
	4. ITT INC SHS		2017-10-23	2018-07-20
	39. JACOBS ENGR GROUP INC COM		2018-07-05	2018-07-20
	25. KENNEDY-WILSON HLDGS INC		2018-05-04	2018-07-20
	1. KONINKLIJKE PHILIPS ELECTRS		2017-10-31	2018-07-20
	24. LHC GROUP INC		2017-09-26	2018-07-20
	86. MGM MIRAGE		2015-11-03	2018-07-20
	22. MOELIS & COMPANY SHS -A		2017-04-18	2018-07-20
	11. MOHAWK INDS INC		2017-11-06	2018-07-20
	46. NETAPP INC		2018-04-09	2018-07-20
	129. ON SEMICONDUCTOR CORP		2018-01-11	2018-07-20
	71. PIMCO INCOME FUND CL P		2015-11-03	2018-07-20
	.69 PIMCO INCOME FUND CL P		2015-11-03	2018-07-20
	.3 PIMCO INCOME FUND CL P		2015-11-03	2018-07-20
	8. PROCTER & GAMBLE CO COM		2017-02-03	2018-07-20
	48. PURE STORAGE INC SHS		2018-04-04	2018-07-20
	199. REGIONS FINL CORP NEW		2015-12-09	2018-07-20
	7. RIO TINTO PLC SPON ADR		2018-02-06	2018-07-20
	8. SBA COMMUNICATIONS CORP		2016-08-10	2018-07-20
	10. SBA COMMUNICATIONS CORP		2016-08-17	2018-07-20
	10. SVB FINL GROUP		2018-07-05	2018-07-20
	99. SABRE CORP SHS		2018-07-05	2018-07-20
	28. SANOFI-SYNTHELABO		2016-04-12	2018-07-20
	8. SAP AKTIENGESELLSCHAFT ADR		2016-10-06	2018-07-20
	2. SELECTIVE INS GROUP INC		2015-11-03	2018-07-20
	86. SERVICE CORP INTERNATIONAL		2017-07-25	2018-07-20
	6. SERVICENOW INC		2015-11-03	2018-07-20
	12. SERVICENOW INC		2015-11-17	2018-07-20
	11. SERVICENOW INC		2016-10-11	2018-07-20
	21. SHAW COMMUNICATIONS INC CL B		2018-02-07	2018-07-20
	11. SONY CORP ADR AMERN SH NEW		2016-04-12	2018-07-20
	32. SOUTHWEST GAS CORPORATION COMMON		2017-03-24	2018-07-20
	33. SPLUNK INC		2017-10-11	2018-07-20
	47. STEEL DYNAMICS INC		2017-03-24	2018-07-20
	6. SUN LIFE FINL SVCS CDA INC		2017-08-03	2018-07-20
	42. SUNCOR ENERGY INC NEW		2017-07-25	2018-07-20
	.39 TETON WESTWOOD MIGHTY		2018-02-07	2018-07-20
	150. TETON WESTWOOD MIGHTY		2018-02-07	2018-07-20
	21. TEXAS CAP BANCSHARES INC		2016-12-16	2018-07-20
	8. TEXAS CAP BANCSHARES INC		2017-01-20	2018-07-20
	20. TEXAS INSTRUMENTS INC		2017-03-02	2018-07-20
	15. THOMSON CORP		2017-07-25	2018-07-20
	18. TOTAL FINA ELF S.A. ADR		2017-07-25	2018-07-20
	70. UGI CORP NEW COM		2016-11-03	2018-07-20
	12. UNITED RENTALS INC		2018-01-11	2018-07-20
	9. UNITED RENTALS INC		2018-01-11	2018-07-20
	7. UNITED TECHNOLOGIES CORP		2017-02-03	2018-07-20
	16. VAIL RESORTS INC		2018-04-09	2018-07-20
	541. VANECK VECTORS		2016-09-27	2018-07-20
	9. ZENDESK INC SHS		2018-05-04	2018-07-20
	51. ZIONS BANCORP NA		2018-01-11	2018-07-20
	1. ALLEGION PLC SHS		2016-02-02	2018-07-20
	35. COCA-COLA EUROPEAN		2016-09-08	2018-07-20
	140. TRAVELPORT WORLDWIDE LTD		2017-08-23	2018-07-20
	6. TRITON INTL LTD SHS CL A		2017-08-23	2018-07-20
	1. CHUBB LTD		2015-11-03	2018-07-20
	56. AERCAP HOLDINGS N.V. SHS		2016-04-27	2018-07-20
	11. AERCAP HOLDINGS N.V. SHS		2016-09-27	2018-07-20
	3. ASML HLDG NV NY REG SHS		2017-07-25	2018-07-20
	30.18 FNMA PBH9215 03 50%2048		2018-07-25	2018-07-25
	134. GILDAN ACTIVEWEAR INC SUB VTG SHS		2016-07-01	2018-07-25
	28. GILDAN ACTIVEWEAR INC SUB VTG SHS		2016-09-27	2018-07-25
	14. GILDAN ACTIVEWEAR INC SUB VTG SHS		2018-07-20	2018-07-25
	239. KENNEDY-WILSON HLDGS INC		2018-05-04	2018-07-27
	2000. JPMORGAN CHASE & CO		2017-07-05	2018-08-01
	23. GENERAL DYNAMICS CORPORATION COM		2018-07-03	2018-08-02
	26. GENERAL DYNAMICS CORPORATION COM		2018-07-20	2018-08-02
	18. MOHAWK INDS INC		2017-11-06	2018-08-02
	2000. PACIFIC GAS & ELECTRIC		2015-11-17	2018-08-02
	25. ROCKWELL INTL CORP NEW		2018-07-03	2018-08-02
	31. ROCKWELL INTL CORP NEW		2018-07-20	2018-08-02
	30. SOUTHWEST GAS CORPORATION COMMON		2017-03-24	2018-08-02
	3. SOUTHWEST GAS CORPORATION COMMON		2017-07-25	2018-08-02
	248. MANULIFE FINL CORP		2017-05-24	2018-08-03
	258. MANULIFE FINL CORP		2017-07-25	2018-08-03
	68. MANULIFE FINL CORP		2018-02-07	2018-08-03
	135. SUN LIFE FINL SVCS CDA INC		2017-08-03	2018-08-03
	9. SUN LIFE FINL SVCS CDA INC		2018-02-07	2018-08-03
	213. TRAVELPORT WORLDWIDE LTD		2017-08-23	2018-08-08
	52. TRAVELPORT WORLDWIDE LTD		2018-02-07	2018-08-08
	1000. U.S. TREASURY NOTE		2015-12-08	2018-08-17
	1000. U.S. TREASURY NOTE		2016-03-17	2018-08-17
	27.47 FNMA PBH9215 03 50%2048		2018-08-27	2018-08-27
	1000. VODAFONE GROUP PLC		2016-06-01	2018-08-31
	85. V F CORPORATION COM		2018-08-02	2018-09-05
	30. V F CORPORATION COM		2018-08-02	2018-09-05
	129. INTL GAME TECH PLC		2016-06-21	2018-09-12
	22. INTL GAME TECH PLC		2017-04-05	2018-09-12
	40. INTL GAME TECH PLC		2017-07-25	2018-09-12
	13. INTL GAME TECH PLC		2018-07-20	2018-09-12
	92. ABB LTD		2017-05-10	2018-09-13
	33. CANADIAN NAT RES LTD		2017-07-25	2018-09-13
	33. CHINA PETE & CHEM CORP SPONSORED		2015-11-03	2018-09-13
	13. SAP AKTIENGESELLSCHAFT ADR		2016-10-06	2018-09-13
	55. TORONTO-DOMINION BANK (NEW)		2016-01-12	2018-09-13
	24. ALLEGION PLC SHS		2016-02-02	2018-09-13
	7. ASML HLDG NV NY REG SHS		2017-07-25	2018-09-13
	34.69 FNMA PBH9215 03 50%2048		2018-09-25	2018-09-25
	84.24 TRITON INTL LTD SHS CL A		2018-09-25	2018-09-25
	1000. STARBUCKS CORP		2018-02-27	2018-10-03
	2000. AFLAC INC		2015-11-03	2018-10-12
	1000. AFLAC INC		2016-03-17	2018-10-12
	2000. MORGAN STANLEY		2018-05-03	2018-10-12
	1000. U.S. TREASURY NOTE		2017-06-05	2018-10-15
	58. D R HORTON INC		2017-11-09	2018-10-19
	27. D R HORTON INC		2017-11-22	2018-10-19
	2. D R HORTON INC		2018-02-07	2018-10-19
	10. IAC INTERACTIVECORP		2018-01-11	2018-10-19
	34. MGM MIRAGE		2015-11-03	2018-10-19
	4. SERVICENOW INC		2016-10-11	2018-10-19
	9. SERVICENOW INC		2017-04-11	2018-10-19
	1. AGILENT TECHNOLOGIES INC		2017-01-20	2018-10-23
	11. ALASKA AIR GROUP, INC		2018-06-04	2018-10-23
	20. ALTRIA GROUP INC		2018-03-02	2018-10-23
	24. ASTRAZENECA PLC SPONS ADR		2017-07-25	2018-10-23
	9. BCE INC		2017-07-25	2018-10-23
	57. BANCO BRADESCO S A ADR		2018-08-03	2018-10-23
	7. BANK MONTREAL QUE		2017-07-25	2018-10-23
	3. BANK OF NOVA SCOTIA CAD COM NPV		2017-07-25	2018-10-23
	6. BHP BILLITON LIMITED		2017-05-10	2018-10-23
	2. BIOMARIN PHARMACEUTICAL INC		2017-03-24	2018-10-23
	4. CH ROBINSON WORLDWIDE INC		2017-11-02	2018-10-23
	2. CENTENE CORP DEL		2017-07-25	2018-10-23
	22. CHINA MOBILE HONG KONG LTD		2017-11-03	2018-10-23
	21. CHINA TELECOM CORP LTD SPONS ADR		2017-11-07	2018-10-23
	26. CIENA CORP		2018-03-27	2018-10-23
	1. DISCOVERY COMMUNICATN		2018-10-19	2018-10-23
	2. DOVER CORPORATION		2017-11-06	2018-10-23
	5. EMERSON ELECTRIC COMPANY		2017-03-02	2018-10-23
	5. FIRST DATA CORPORATION		2016-09-27	2018-10-23
	153. FIRST EAGLE SOGEN FDS INC OVERSEAS FD CL		2017-01-20	2018-10-23
	.24 FIRST EAGLE SOGEN FDS INC OVERSEAS FD CL		2017-01-20	2018-10-23
	.07 FIRST EAGLE SOGEN FDS INC OVERSEAS FD CL		2018-07-20	2018-10-23
	445. GOTHAM ABSOLUTE RETURN		2018-02-07	2018-10-23
	.48 GOTHAM ABSOLUTE RETURN		2018-02-07	2018-10-23
	.34 GOTHAM ABSOLUTE RETURN		2018-07-20	2018-10-23
	1. GW PHARMACEUTICALS PLC		2016-01-12	2018-10-23
	7. GENUINE PARTS CO		2018-05-02	2018-10-23
	1. HUNTINGTON INGALLS INDS		2017-02-17	2018-10-23
	7. JACOBS ENGR GROUP INC COM		2018-07-05	2018-10-23
	1. KOHLS CORP		2018-08-02	2018-10-23
	2. LHC GROUP INC		2017-09-26	2018-10-23
	28. MADISON (THE) SQUARE		2017-04-05	2018-10-23
	82. MITSUBISHI UFJ FINL GRP		2017-04-19	2018-10-23
	103. MIZUHO FINL GROUP INC		2018-08-03	2018-10-23
	5. NATIONAL GRID PLC SHS		2018-06-28	2018-10-23
	3. NEXTERA ENERGY INC SHS		2018-05-02	2018-10-23
	4. ORANGE SA		2018-03-08	2018-10-23
	409. PIMCO INCOME FUND CL P		2015-11-03	2018-10-23
	.31 PIMCO INCOME FUND CL P		2015-11-03	2018-10-23
	18. PROCTER & GAMBLE CO COM		2017-02-03	2018-10-23
	11. REPUBLIC SVCS COM		2018-03-02	2018-10-23
	1. SK TELECOM LTD SPON ADR		2016-04-12	2018-10-23
	40. SK TELECOM LTD SPON ADR		2017-07-25	2018-10-23
	38. SANOFI-SYNTHELABO		2016-04-12	2018-10-23
	1. SELECTIVE INS GROUP INC		2015-11-03	2018-10-23
	9. SHAW COMMUNICATIONS INC CL B		2018-02-07	2018-10-23
	10. SONY CORP ADR AMERN SH NEW		2016-04-12	2018-10-23
	75. SUMITOMO MITSUI-UNSPONS		2017-07-25	2018-10-23
	26. THOMSON CORP		2017-07-25	2018-10-23
	6. TOTAL FINA ELF S.A. ADR		2017-07-25	2018-10-23
	5. UGI CORP NEW COM		2016-11-03	2018-10-23
	2. UNILEVER NV NY SHARE F NEW		2018-03-08	2018-10-23
	4. UNITED TECHNOLOGIES CORP		2017-02-03	2018-10-23
	233. VANECK VECTORS FALLEN		2016-09-09	2018-10-23
	551. VANECK VECTORS		2016-09-27	2018-10-23
	1. WELLS FARGO & CO NEW		2017-04-13	2018-10-23
	54. COCA-COLA EUROPEAN		2016-09-08	2018-10-23
	1. CHUBB LTD		2015-11-03	2018-10-23
	25.28 FNMA PBH9215 03 50%2048		2018-10-25	2018-10-25
	45. EAST WEST BANCORP INC		2015-11-03	2018-10-26
	33. MGM MIRAGE		2015-11-03	2018-10-26
	16. MGM MIRAGE		2017-04-05	2018-10-26
	20. MGM MIRAGE		2017-11-03	2018-10-26
	2. MGM MIRAGE		2018-10-23	2018-10-26
	27. ON SEMICONDUCTOR CORP		2018-01-11	2018-10-26
	41. ON SEMICONDUCTOR CORP		2018-01-11	2018-10-26
	5. SERVICENOW INC		2017-04-11	2018-10-26
	9. SERVICENOW INC		2018-07-05	2018-10-26
	5. UNITED RENTALS INC		2018-01-11	2018-10-26
	7. UNITED RENTALS INC		2018-01-11	2018-10-26
	3. UNITED RENTALS INC		2018-01-11	2018-10-26
	1000. U.S. TREASURY NOTE		2016-03-17	2018-10-26
	69. GENUINE PARTS CO		2018-05-02	2018-11-02
	23. GENUINE PARTS CO		2018-07-20	2018-11-02
	51. UNITED TECHNOLOGIES CORP		2017-02-03	2018-11-02
	1. UNITED TECHNOLOGIES CORP		2017-04-05	2018-11-02
	20. UNITED TECHNOLOGIES CORP		2017-11-03	2018-11-02
	1114. AMBEV SA SHS ADR		2018-08-03	2018-11-05
	54. AMBEV SA SHS ADR		2018-10-23	2018-11-05
	3. HILL ROM HLDGS		2015-11-03	2018-11-06
	1. SVB FINL GROUP		2018-07-05	2018-11-06
	25. TEXAS CAP BANCSHARES INC		2017-01-20	2018-11-06
	2. TEXAS CAP BANCSHARES INC		2017-07-25	2018-11-06
	9. TEXAS CAP BANCSHARES INC		2018-10-23	2018-11-06
	10. AIR LEASE CORP CL A		2015-12-11	2018-11-07
	16. AMICUS THERAPEUTICS INC		2018-07-11	2018-11-07
	6. CHARLES RIV LABORATORIES INTL INC		2015-12-11	2018-11-07
	29. CIENA CORP		2018-03-27	2018-11-07
	19. H AND E EQUIP SVCS INC		2018-03-02	2018-11-07
	5. HILL ROM HLDGS		2015-11-03	2018-11-07
	5. HUBSPOT INC		2017-12-05	2018-11-07
	20. ITT INC SHS		2017-10-23	2018-11-07
	30. KBR INC		2018-05-25	2018-11-07
	14. KBR INC		2018-07-20	2018-11-07
	7. LHC GROUP INC		2017-09-26	2018-11-07
	11. MOELIS & COMPANY SHS -A		2017-04-18	2018-11-07
	18. PURE STORAGE INC SHS		2018-04-04	2018-11-07
	52. RAYONIER ADVANCED		2018-03-27	2018-11-07
	12. SELECTIVE INS GROUP INC		2015-11-03	2018-11-07
	12. SPIRIT AIRLS INC COM		2018-09-12	2018-11-07
	3. ZENDESK INC SHS		2018-05-04	2018-11-07
	34. TRITON INTL LTD SHS CL A		2017-08-23	2018-11-07
	5. ALIBABA GROUP HOLDING LT		2017-10-11	2018-11-13
	11. ALIBABA GROUP HOLDING LT		2017-10-11	2018-11-13
	18. BAIDU.COM ADR		2016-07-15	2018-11-13
	1. BAIDU.COM ADR		2017-11-03	2018-11-13
	10. BAIDU.COM ADR		2017-11-28	2018-11-13
	1. BAIDU.COM ADR		2018-01-12	2018-11-13
	7. BAIDU.COM ADR		2018-10-23	2018-11-13
	16. CHINA PETE & CHEM CORP SPONSORED		2015-11-03	2018-11-13
	120. CREDIT SUISSE GROUP SPONSORED ADR		2017-07-25	2018-11-13
	58. CREDIT SUISSE GROUP SPONSORED ADR		2017-07-25	2018-11-13
	64. CTRIP COM INTL LTD		2017-04-19	2018-11-13
	23. CTRIP COM INTL LTD		2017-07-25	2018-11-13
	23. CTRIP COM INTL LTD		2017-11-03	2018-11-13
	2. CTRIP COM INTL LTD		2018-01-12	2018-11-13
	8. CTRIP COM INTL LTD		2018-07-20	2018-11-13
	27. CTRIP COM INTL LTD		2018-10-23	2018-11-13
	136. EMBRAER S A SPONSRD ADR		2017-11-03	2018-11-13
	114. ING GROEP N V SPONSORED ADR		2015-11-03	2018-11-13
	32. ING GROEP N V SPONSORED ADR		2016-01-12	2018-11-13
	50. KONINKLIJKE PHILIPS ELECTRS		2017-10-31	2018-11-13
	21. KONINKLIJKE PHILIPS ELECTRS		2017-10-31	2018-11-13
	105. MELCO PBL ENTERTAINMENT-		2017-04-19	2018-11-13
	80. MELCO PBL ENTERTAINMENT-		2017-07-25	2018-11-13
	73. MELCO PBL ENTERTAINMENT-		2018-06-28	2018-11-13
	57. MELCO PBL ENTERTAINMENT-		2018-07-20	2018-11-13
	99. MELCO PBL ENTERTAINMENT-		2018-10-23	2018-11-13
	11. NEW ORIENTAL EDUCATIO		2017-11-28	2018-11-13
	61. NEW ORIENTAL EDUCATIO		2017-11-28	2018-11-13
	3. NEW ORIENTAL EDUCATIO		2018-02-07	2018-11-13
	8. NEW ORIENTAL EDUCATIO		2018-03-08	2018-11-13
	15. NEW ORIENTAL EDUCATIO		2018-08-03	2018-11-13
	1000. U.S. TREASURY NOTE		2016-03-17	2018-11-13
	21. COPA HOLDINGS S A CL A		2017-02-10	2018-11-13
	18. COPA HOLDINGS S A CL A		2017-02-10	2018-11-13
	2000. U.S. TREASURY NOTE		2017-06-05	2018-11-14
	41. ON SEMICONDUCTOR CORP		2018-01-11	2018-11-20
	35. ON SEMICONDUCTOR CORP		2018-01-11	2018-11-20
	3. ON SEMICONDUCTOR CORP		2018-02-07	2018-11-20
	5. UNITED RENTALS INC		2018-01-11	2018-11-20
	5. UNITED RENTALS INC		2018-01-11	2018-11-20
	1. UNITED RENTALS INC		2018-02-07	2018-11-20
	29. FNMA PBH9215 03 50%2048		2018-11-26	2018-11-26
	25. AECOM TECH CORP		2016-12-16	2018-11-28
	15. AECOM TECH CORP		2017-01-20	2018-11-28
	78. DEVON ENERGY CORPORATION NEW		2017-12-08	2018-11-28
	9. DEVON ENERGY CORPORATION NEW		2018-02-07	2018-11-28
	19. DEVON ENERGY CORPORATION NEW		2018-10-23	2018-11-28
	130. GRAPHIC PACKAGING HLDG C		2018-04-09	2018-11-28
	28. GRAPHIC PACKAGING HLDG C		2018-10-23	2018-11-28
	13. JACOBS ENGR GROUP INC COM		2018-07-05	2018-11-28
	43. SPROUTS FARMERS MARKETS		2018-10-26	2018-12-03
	41. SPROUTS FARMERS MARKETS		2018-11-20	2018-12-03
	148. ALASKA AIR GROUP, INC		2018-06-04	2018-12-04
	66. REPUBLIC SVCS COM		2018-03-02	2018-12-04
	65. REPUBLIC SVCS COM		2018-07-20	2018-12-04
	.68 THOMSON REUTERS CORP REG		2018-02-07	2018-12-04
	49. H AND E EQUIP SVCS INC		2018-03-02	2018-12-10
	19. H AND E EQUIP SVCS INC		2018-03-02	2018-12-10
	60. H AND E EQUIP SVCS INC		2018-07-20	2018-12-10
	67. H AND E EQUIP SVCS INC		2018-10-23	2018-12-10
	188. RAYONIER ADVANCED		2018-03-27	2018-12-10
	52. RAYONIER ADVANCED		2018-03-27	2018-12-10
	50. RAYONIER ADVANCED		2018-07-20	2018-12-10
	56. RAYONIER ADVANCED		2018-10-23	2018-12-10
	53. REGIONS FINL CORP NEW		2015-12-09	2018-12-13
	10. SVB FINL GROUP		2018-07-05	2018-12-13
	1. VAIL RESORTS INC		2018-04-09	2018-12-13
	2000. BP CAPITAL MARKETS PLC		2016-06-16	2018-12-14
	2000. U.S. TREASURY NOTE		2017-06-05	2018-12-19
	72.28 TRITON INTL LTD SHS CL A		2018-12-20	2018-12-20
	25.96 FNMA PBH9215 03 50%2048		2018-12-26	2018-12-26
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,451	1,831	2,620
b	4,280	4,401	-121
c	2,978	2,945	33
d	2,691	2,017	674
e	1,818	1,185	633
	3,469	2,274	1,195
	5,714	5,040	674
	1,203	1,264	-61
	4,649	3,776	873
	2,987	2,996	-9
	1,094	1,206	-112
	400	223	177
	2,006	2,023	-17
	1,003	1,011	-8
	1,049	1,049
	1,388	1,023	365
	2,637	2,209	428
	6,246	5,155	1,091
	8,745	7,806	939
	555	501	54
	14,807	13,482	1,325
	6,622	6,062	560
	5,701	4,408	1,293
	6,197	4,903	1,294
	2,231	1,788	443
	6,941	5,722	1,219
	1,990	2,002	-12
	4,794	4,183	611
	570	435	135
	5,154	5,434	-280
	161	167	-6
	537	555	-18
	4,558	5,391	-833
	946	949	-3
	53	44	9
	91	64	27
	11,312	11,251	61
	9,218	8,493	725
	385	322	63
	11,840	10,038	1,802
	40	45	-5
	528	413	115
	568	519	49
	144	124	20
	834	707	127
	1,911	1,414	497
	525	329	196
	2,157	1,637	520
	6,896	5,863	1,033
	3,413	2,959	454
	789	519	270
	195	179	16
	167	106	61
	578	464	114
	157	101	56
	473	412	61
	589	535	54
	405	306	99
	2,488	1,703	785
	263	186	77
	279	193	86
	1,469	1,294	175
	822	805	17
	368	260	108
	555	460	95
	794	568	226
	9,130	8,596	534
	4,552	4,485	67
	2,731	2,749	-18
	497	528	-31
	102	96	6
	1,376	680	696
	307	274	33
	1,688	916	772
	301	167	134
	2,331	1,649	682
	1,154	885	269
	9,971	7,523	2,448
	10,883	9,701	1,182
	10,870	7,374	3,496
	10,351	8,501	1,850
	81,500	64,864	16,636
	70,036	55,038	14,998
	3,292	2,529	763
	11,465	6,465	5,000
	107	106	1
	554	391	163
	1,831	1,957	-126
	913	1,006	-93
	913	952	-39
	953	1,001	-48
	2,831	2,920	-89
	948	1,003	-55
	948	993	-45
	1,343	1,382	-39
	1,849	1,791	58
	1,903	2,257	-354
	2,474	2,934	-460
	1,763	1,165	598
	3,262	2,544	718
	4,320	3,421	899
	88	90	-2
	1,944	1,986	-42
	972	996	-24
	5,904	5,945	-41
	1,063	1,156	-93
	236	257	-21
	1,374	1,168	206
	1,168	1,100	68
	3,825	6,035	-2,210
	281	423	-142
	107	162	-55
	259	371	-112
	265	364	-99
	26	26
	3,681	4,286	-605
	4,540	6,344	-1,804
	368	509	-141
	4,663	3,443	1,220
	583	425	158
	8,178	8,038	140
	1,786	1,761	25
	4,991	3,431	1,560
	138	93	45
	103	67	36
	3,485	3,944	-459
	475	507	-32
	475	546	-71
	1,190	859	331
	2,147	2,358	-211
	1,921	2,766	-845
	2,336	1,911	425
	2,323	1,165	1,158
	2,399	1,522	877
	3,998	3,097	901
	78	60	18
	464	346	118
	116	58	58
	99	56	43
	32	32
	10,976	10,994	-18
	10,253	10,389	-136
	1,955	1,984	-29
	5,741	5,340	401
	577	568	9
	3,685	5,342	-1,657
	261	345	-84
	4,121	5,071	-950
	345	407	-62
	20	20
	2,000	1,984	16
	1,064	1,026	38
	3	4	-1
	20,397	20,688	-291
	2,020	2,002	18
	21	21
	3,494	3,422	72
	284	282	2
	4,866	5,120	-254
	6,947	6,586	361
	286	178	108
	4,440	2,448	1,992
	2,292	1,273	1,019
	2,005	1,370	635
	430	324	106
	1,719	1,256	463
	859	703	156
	31	31
	1,924	1,951	-27
	3,438	2,422	1,016
	4,586	4,613	-27
	335	277	58
	4,620	7,830	-3,210
	3,520	4,917	-1,397
	94	130	-36
	939	1,074	-135
	254	228	26
	1,000	1,000
	5,499	5,179	320
	5,104	4,034	1,070
	7,791	6,416	1,375
	7,586	6,453	1,133
	785	613	172
	2,780	2,073	707
	1,906	1,238	668
	1,271	2,347	-1,076
	409	655	-246
	1,316	1,536	-220
	1,811	1,567	244
	1,917	1,157	760
	650	638	12
	3,778	2,954	824
	756	641	115
	76	86	-10
	2,292	2,224	68
	1,919	1,444	475
	799	1,011	-212
	373	453	-80
	2,647	1,869	778
	2,346	2,420	-74
	78	78
	469	500	-31
	2,132	2,486	-354
	2,438	1,813	625
	1,729	1,733	-4
	1,079	976	103
	3,294	3,263	31
	524	325	199
	394	385	9
	2,594	1,744	850
	2,656	2,271	385
	1,497	1,225	272
	3,921	2,824	1,097
	812	711	101
	440	346	94
	4,208	2,559	1,649
	1,236	750	486
	1,378	1,111	267
	230	253	-23
	2,708	2,324	384
	2,991	2,194	797
	5,177	3,731	1,446
	437	414	23
	1,156	1,237	-81
	1,071	1,146	-75
	3,717	3,211	506
	1,057	772	285
	2,756	2,578	178
	4,224	2,594	1,630
	1,185	1,027	158
	2,416	1,378	1,038
	342	196	146
	1,462	583	879
	1,715	1,799	-84
	1,278	871	407
	2,245	2,322	-77
	3,963	2,229	1,734
	2,124	1,237	887
	2,521	1,692	829
	4,108	3,831	277
	2,971	2,473	498
	2,900	2,540	360
	217	188	29
	2,593	2,507	86
	537	475	62
	43	41	2
	2,090	1,617	473
	2,672	2,078	594
	1,336	745	591
	2,469	2,879	-410
	3,783	2,989	794
	3,116	2,977	139
	852	862	-10
	8	8
	4	4
	630	704	-74
	1,166	936	230
	3,543	1,881	1,662
	379	381	-2
	1,296	934	362
	1,620	1,140	480
	3,095	2,918	177
	2,629	2,521	108
	1,190	1,187	3
	932	727	205
	116	72	44
	3,244	2,943	301
	1,147	499	648
	2,293	1,013	1,280
	2,102	872	1,230
	431	428	3
	586	307	279
	2,518	2,667	-149
	3,499	2,093	1,406
	2,210	1,599	611
	243	230	13
	1,729	1,307	422
	12	11	1
	4,454	4,182	272
	2,026	1,652	374
	772	620	152
	2,309	1,567	742
	632	688	-56
	1,110	905	205
	3,711	3,091	620
	1,831	2,150	-319
	1,373	1,613	-240
	915	763	152
	4,586	3,607	979
	24,147	18,323	5,824
	543	481	62
	2,709	2,698	11
	80	59	21
	1,472	1,436	36
	2,704	2,052	652
	189	212	-23
	133	114	19
	3,115	2,323	792
	612	404	208
	661	459	202
	30	30
	3,484	4,002	-518
	728	786	-58
	364	403	-39
	4,947	4,537	410
	1,962	2,007	-45
	4,479	4,385	94
	5,064	5,086	-22
	3,354	4,711	-1,357
	1,825	1,979	-154
	4,514	4,211	303
	5,597	5,312	285
	2,380	2,500	-120
	238	248	-10
	4,517	4,330	187
	4,699	5,358	-659
	1,238	1,366	-128
	5,429	5,179	250
	362	374	-12
	4,026	3,122	904
	983	674	309
	1,000	1,033	-33
	1,000	1,051	-51
	27	27
	970	992	-22
	7,718	7,866	-148
	2,724	2,776	-52
	2,377	2,520	-143
	405	520	-115
	737	794	-57
	240	324	-84
	2,208	2,264	-56
	1,039	1,001	38
	3,199	2,445	754
	1,583	1,181	402
	3,338	2,008	1,330
	2,143	1,411	732
	1,285	1,072	213
	35	35
	84	84
	982	998	-16
	1,983	2,056	-73
	991	1,024	-33
	1,934	1,942	-8
	992	999	-7
	2,101	2,658	-557
	978	1,268	-290
	72	94	-22
	1,970	1,337	633
	908	821	87
	722	317	405
	1,624	767	857
	62	48	14
	689	681	8
	1,237	1,246	-9
	946	807	139
	363	418	-55
	509	489	20
	546	539	7
	161	187	-26
	274	211	63
	201	175	26
	353	316	37
	267	165	102
	1,046	1,119	-73
	1,045	1,061	-16
	798	682	116
	32	32
	164	152	12
	342	302	40
	112	65	47
	3,585	3,579	6
	6	6
	2	2
	6,453	6,590	-137
	7	7
	5	5
	141	58	83
	702	618	84
	233	213	20
	530	450	80
	72	71	1
	183	135	48
	770	683	87
	484	503	-19
	352	369	-17
	273	278	-5
	514	491	23
	63	70	-7
	4,843	4,966	-123
	4	4
	1,560	1,583	-23
	776	728	48
	27	20	7
	1,096	1,100	-4
	1,687	1,611	76
	60	36	24
	171	184	-13
	548	279	269
	585	572	13
	1,214	1,192	22
	351	302	49
	277	221	56
	110	109	1
	517	436	81
	6,636	6,631	5
	24,635	18,662	5,973
	1,260	1,258	2
	2,405	2,215	190
	127	114	13
	25	25
	2,319	1,853	466
	832	797	35
	404	446	-42
	504	623	-119
	50	50
	405	623	-218
	616	946	-330
	847	426	421
	1,525	1,614	-89
	552	896	-344
	773	1,220	-447
	331	538	-207
	992	1,049	-57
	6,672	6,095	577
	2,224	2,253	-29
	6,479	5,558	921
	127	114	13
	2,541	2,425	116
	4,824	5,808	-984
	234	239	-5
	287	159	128
	247	292	-45
	1,605	1,937	-332
	128	165	-37
	578	582	-4
	405	321	84
	181	261	-80
	817	450	367
	1,003	760	243
	476	745	-269
	488	265	223
	717	387	330
	1,141	941	200
	636	520	116
	297	263	34
	686	472	214
	474	354	120
	396	351	45
	735	1,109	-374
	782	434	348
	644	584	60
	173	160	13
	1,198	1,183	15
	740	922	-182
	1,627	2,028	-401
	3,301	2,926	375
	183	242	-59
	1,834	2,439	-605
	183	253	-70
	1,284	1,345	-61
	1,325	1,186	139
	1,505	1,814	-309
	727	877	-150
	1,657	3,023	-1,366
	596	1,324	-728
	596	1,062	-466
	52	96	-44
	207	339	-132
	699	870	-171
	2,894	2,714	180
	1,439	1,658	-219
	404	404
	1,883	2,041	-158
	791	857	-66
	1,693	2,099	-406
	1,290	1,726	-436
	1,177	2,036	-859
	919	1,381	-462
	1,596	1,701	-105
	644	977	-333
	3,572	5,416	-1,844
	176	261	-85
	468	739	-271
	878	1,284	-406
	989	1,045	-56
	1,679	2,052	-373
	1,439	1,759	-320
	1,986	1,998	-12
	737	993	-256
	629	808	-179
	54	67	-13
	548	911	-363
	548	871	-323
	110	175	-65
	29	29
	796	956	-160
	478	532	-54
	2,078	2,982	-904
	240	335	-95
	506	635	-129
	1,523	2,016	-493
	328	312	16
	856	836	20
	1,071	1,166	-95
	1,021	1,149	-128
	10,356	9,159	1,197
	5,037	4,367	670
	4,961	4,443	518
	35	29	6
	929	1,921	-992
	360	724	-364
	1,137	2,362	-1,225
	1,270	1,607	-337
	2,487	4,008	-1,521
	688	1,048	-360
	662	881	-219
	741	726	15
	734	501	233
	1,975	2,918	-943
	221	225	-4
	1,983	2,053	-70
	1,989	1,998	-9
	72	72
	26	26
			12,732

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			2,620
b			-121
c			33
d			674
e			633
			1,195
			674
			-61
			873
			-9
			-112
			177
			-17
			-8

			365
			428
			1,091
			939
			54
			1,325
			560
			1,293
			1,294
			443
			1,219
			-12
			611
			135
			-280
			-6
			-18
			-833
			-3
			9
			27
			61
			725
			63
			1,802
			-5
			115
			49
			20
			127
			497
			196
			520
			1,033
			454
			270
			16
			61
			114
			56
			61
			54
			99
			785
			77
			86
			175
			17
			108
			95
			226
			534
			67
			-18
			-31
			6
			696
			33
			772
			134
			682
			269
			2,448
			1,182
			3,496
			1,850
			16,636
			14,998
			763
			5,000
			1
			163
			-126
			-93
			-39
			-48
			-89
			-55
			-45
			-39
			58
			-354
			-460
			598
			718
			899
			-2
			-42
			-24
			-41
			-93
			-21
			206
			68
			-2,210
			-142
			-55
			-112
			-99

			-605
			-1,804
			-141
			1,220
			158
			140
			25
			1,560
			45
			36
			-459
			-32
			-71
			331
			-211
			-845
			425
			1,158
			877
			901
			18
			118
			58
			43

			-18
			-136
			-29
			401
			9
			-1,657
			-84
			-950
			-62

			16
			38
			-1
			-291
			18

			72
			2
			-254
			361
			108
			1,992
			1,019
			635
			106
			463
			156

			-27
			1,016
			-27
			58
			-3,210
			-1,397
			-36
			-135
			26

			320
			1,070
			1,375
			1,133
			172
			707
			668
			-1,076
			-246
			-220
			244
			760
			12
			824
			115
			-10
			68
			475
			-212
			-80
			778
			-74

			-31
			-354
			625
			-4
			103
			31
			199
			9
			850
			385
			272
			1,097
			101
			94
			1,649
			486
			267
			-23
			384
			797
			1,446
			23
			-81
			-75
			506
			285
			178
			1,630
			158
			1,038
			146
			879
			-84
			407
			-77
			1,734
			887
			829
			277
			498
			360
			29
			86
			62
			2
			473
			594
			591
			-410
			794
			139
			-10


			-74
			230
			1,662
			-2
			362
			480
			177
			108
			3
			205
			44
			301
			648
			1,280
			1,230
			3
			279
			-149
			1,406
			611
			13
			422
			1
			272
			374
			152
			742
			-56
			205
			620
			-319
			-240
			152
			979
			5,824
			62
			11
			21
			36
			652
			-23
			19
			792
			208
			202

			-518
			-58
			-39
			410
			-45
			94
			-22
			-1,357
			-154
			303
			285
			-120
			-10
			187
			-659
			-128
			250
			-12
			904
			309
			-33
			-51

			-22
			-148
			-52
			-143
			-115
			-57
			-84
			-56
			38
			754
			402
			1,330
			732
			213


			-16
			-73
			-33
			-8
			-7
			-557
			-290
			-22
			633
			87
			405
			857
			14
			8
			-9
			139
			-55
			20
			7
			-26
			63
			26
			37
			102
			-73
			-16
			116

			12
			40
			47
			6


			-137


			83
			84
			20
			80
			1
			48
			87
			-19
			-17
			-5
			23
			-7
			-123

			-23
			48
			7
			-4
			76
			24
			-13
			269
			13
			22
			49
			56
			1
			81
			5
			5,973
			2
			190
			13

			466
			35
			-42
			-119

			-218
			-330
			421
			-89
			-344
			-447
			-207
			-57
			577
			-29
			921
			13
			116
			-984
			-5
			128
			-45
			-332
			-37
			-4
			84
			-80
			367
			243
			-269
			223
			330
			200
			116
			34
			214
			120
			45
			-374
			348
			60
			13
			15
			-182
			-401
			375
			-59
			-605
			-70
			-61
			139
			-309
			-150
			-1,366
			-728
			-466
			-44
			-132
			-171
			180
			-219

			-158
			-66
			-406
			-436
			-859
			-462
			-105
			-333
			-1,844
			-85
			-271
			-406
			-56
			-373
			-320
			-12
			-256
			-179
			-13
			-363
			-323
			-65

			-160
			-54
			-904
			-95
			-129
			-493
			16
			20
			-95
			-128
			1,197
			670
			518
			6
			-992
			-364
			-1,225
			-337
			-1,521
			-360
			-219
			15
			233
			-943
			-4
			-70
			-9

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	131,891
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	143,834	2,455,539	0.058575
2016	148,702	2,278,941	0.06525
2015	157,451	3,395,172	0.046375
2014	153,095	2,647,363	0.057829
2013	150,237	2,569,454	0.05847

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

0.286499

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.0573

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

2,480,508

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

142,133

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

1,887

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

144,020

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

141,830

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,775
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	3,775
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	3,775
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	2,131
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,131
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,644
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

UST-ML A DIVISION OF BANK OF AMERICA NA Telephone no. bullet

(609) 274-6834

Located at bullet

1300 MERRILL LYNCH DRIVEPENNINGTONNJ ZIP+4 bullet

085341501

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
UST-MLT A DIVISION OF BANK OF AMER ICA NA	TRUSTEE 2	11,358
PO Box 1501 NJ2-130-03-31 Pennington,NJ085341501	TRUSTEE 2	11,358

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...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

2,415,487

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

102,795

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

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

2,518,282

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

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

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

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

2,518,282

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

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

37,774

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

2,480,508

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

124,025

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

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

124,025

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

3,775

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

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

3,775

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

120,250

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

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

120,250

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

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

120,250

Part XII

Qualifying Distributions (see instructions)

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

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

141,830

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

141,830

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

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

141,830

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					120,250
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				0
b Total for prior years:2016, 2015, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	23,887
b From 2014......	22,285
c From 2015......	0
d From 2016......	35,787
e From 2017......	25,319
fTotal of lines 3a through e........		107,278
4Qualifying distributions for 2018 from Part
XII, line 4: $ 141,830
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.....					120,250
e Remaining amount distributed out of corpus		21,580
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		128,858
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) ...		23,887
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		104,971
10 Analysis of line 9:
a Excess from 2014....	22,285
b Excess from 2015....	0
c Excess from 2016....	35,787
d Excess from 2017....	25,319
e Excess from 2018....	21,580

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SPRINGFIELD MUSEUMS CORPORATIO 21 EDWARDS STREET SPRINGFIELD,MA011031548	NONE	PC	GENERAL OPERATING	134,980
Total ................................. 3a				134,980

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	65,676
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	131,891
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER INCOME			1	263
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				197,830

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

197,830

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
00287YAQ2 ABBVIE INC	959	959
10373QAJ9 BP CAP MARKETS AMERI	1,981	1,983
428236BV4 HEWLETT-PACKARD CO	1,042	1,033
912810SA7 U.S. TREASURY BOND	1,959	1,989
035242AP1 ANHEUSER-BUSCH INBEV	2,061	1,885
036752AG8 ANTHEM INC	1,006	980
12189TBC7 BURLINGTN NORTH SANT	2,037	2,024
126650CX6 CVS HEALTH CORP	1,985	1,955
25152R2X0 DEUTSCHE BANK AG	997	968
373298BR8 GEORGIA PAC CORP	1,281	1,337
822582AD4 SHELL INTERNATIONAL	1,247	1,263
90131HAQ8 21ST CENTY FOX AMER	1,037	1,027
912828L32 U.S. TREASURY NOTE	6,880	6,868
92857WBJ8 VODAFONE GROUP PLC	1,002	988
037833AZ3 APPLE INC	1,884	1,889
20030NBX8 COMCAST CORP	3,015	2,925
26441CAN5 DUKE ENERGY CORP	996	1,002
855244AQ2 STARBUCKS CORP	994	989
87165BAB9 SYNCHRONY FINANCIAL	3,007	2,980
912810RT7 U.S. TREASURY BOND	956	855
912828QN3 U.S. TREASURY NOTE	8,245	8,119
912828T34 U.S. TREASURY NOTE	993	964
913017DB2 UNITED TECHNOLOGIES	994	996
046353AL2 ASTRAZENECA PLC	1,005	966
06406HCS6 BANK OF NEW YORK MEL	2,054	2,004
14040HBT1 CAPITAL ONE FINANCIA	2,000	1,892
172967JT9 CITIGROUP INC	1,013	979
24422ETG4 JOHN DEERE CAPITAL C	2,026	1,955
26884LAE9 EQT CORP	965	948
31359MGK3 FEDERAL NATL MTG ASS	4,084	4,021
370334CF9 GENERAL MILLS INC	985	984
686330AH4 ORIX CORP	1,006	977
690742AB7 OWENS CORNING INC	1,140	1,106
912810QT8 U.S. TREASURY BOND	3,104	3,072
912810RM2 U.S. TREASURY BOND	3,001	2,994
912828R77 U.S. TREASURY NOTE	2,014	1,949
912828WE6 U.S. TREASURY NOTE	988	1,011
92343VCQ5 VERIZON COMMUNICATIO	948	964
927804FZ2 VIRGINIA ELEC & POWE	2,002	2,008
928563AB1 VMWARE INC	1,000	953
05574LFY9 BNP PARIBAS	971	983
06367TJX9 BANK OF MONTREAL	991	966
25746UBH1 DOMINION RESOURCES I	2,035	2,022
3140GYGZ6 FNMA PBH9215 03 50%	5,685	5,691
36962G4B7 GENERAL ELEC CAP COR	2,670	2,091
38148YAC2 GOLDMAN SACHS GROUP	2,004	1,942
78012KNL7 ROYAL BANK OF CANADA	999	997
912810RU4 U.S. TREASURY BOND	5,919	5,834
9128284P2 U.S. TREASURY NOTE	3,986	4,013
94974BGA2 WELLS FARGO & COMPAN	2,035	1,935
961214DQ3 WESTPAC BANKING CORP	1,000	969
00206RCN0 AT&T INC	954	942
46647PAU0 JPMORGAN CHASE & CO	2,998	3,005
494550BS4 KINDER MORGAN ENER P	2,011	1,982
30219GAM0 EXPRESS SCRIPTS HOLD	1,049	1,014
37045XBT2 GENERAL MOTORS FINL	1,038	920
404280AK5 HSBC HOLDINGS PLC	2,112	2,068
459200HF1 IBM CORP	2,740	2,695
581557BJ3 MCKESSON CORP	1,002	959
61746BDQ6 MORGAN STANLEY	1,983	1,990
02209SAN3 ALTRIA GROUP INC	1,007	960
126408HE6 CSX CORP	969	910
14912L6R7 CATERPILLAR INC	1,994	1,988
172967KJ9 CITIGROUP INC	1,000	987
29273RBD0 ENERGY TRANSFER PART	955	939
58013MEG5 MCDONALD'S CORP	1,003	1,001
90131HBG9 21ST CENTY FOX AMER	1,168	1,248
912810QW1 U.S. TREASURY BOND	7,060	7,008
912810RJ9 U.S. TREASURY BOND	2,000	1,997

Name of Stock	End of Year Book Value	End of Year Fair Market Value
03152W109 AMICUS THERAPEUTICS	6,480	4,119
05550J101 BJ S WHOLESALE CLUB	4,618	4,144
103304101 BOYD GAMING CORP COM	6,346	3,678
16941R108 CHINA PETE & CHEM CO	4,249	4,095
171779309 CIENA CORP	3,696	4,781
205887102 CONAGRA FOODS INC	3,359	2,072
363576109 GALLAGHER ARTHUR J &	3,476	3,390
42809H107 HESS CORP	3,754	2,349
48242W106 KBR INC	4,303	3,476
553573106 MADISON (THE) SQUARE	4,188	4,547
606822104 MITSUBISHI UFJ FINL	8,747	6,876
60687Y109 MIZUHO FINL GROUP IN	5,449	4,566
66987V109 NOVARTIS AG SPNSRD A	11,811	11,584
742718109 PROCTER & GAMBLE CO	9,410	9,835
907818108 UNION PACIFIC CORP	2,819	2,626
98936J101 ZENDESK INC SHS	4,559	4,961
N07059210 ASML HLDG NV NY REG	4,502	4,357
P31076105 COPA HOLDINGS S A CL	5,951	4,723
02209S103 ALTRIA GROUP INC	8,879	7,359
063671101 BANK MONTREAL QUE	5,171	4,378
10316T104 BOX INC	4,189	3,292
12541W209 CH ROBINSON WORLDWID	8,344	8,829
159864107 CHARLES RIV LABORATO	2,911	4,074
16941M109 CHINA MOBILE HONG KO	5,526	5,280
23283R100 CYRUSONE INC	10,387	9,254
260003108 DOVER CORPORATION	2,301	2,129
318672706 FIRST BANCORP SHS	4,608	4,180
443573100 HUBSPOT INC	2,628	4,275
446150104 HUNTINGTON BANCSHARE	1,822	2,074
50187A107 LHC GROUP INC	3,316	4,694
647581107 NEW ORIENTAL EDUCATI	6,820	4,494
693483109 POSCO	4,383	4,230
744573106 PUBLIC SERVICE ENTER	2,305	2,186
7591EP100 REGIONS FINL CORP NE	2,124	2,261
848577102 SPIRIT AIRLS INC COM	4,444	5,271
848637104 SPLUNK INC	2,607	3,984
G0176J109 ALLEGION PLC SHS	4,680	5,739
G47567105 IHS MARKIT LTD SHS	4,774	4,461
046353108 ASTRAZENECA PLC SPON	4,445	5,013
08579W103 BERRY PLASTICS GROUP	2,764	3,375
15135B101 CENTENE CORP DEL	2,502	3,113
25243Q205 DIAGEO PLC SPON ADR	7,729	9,501
27579R104 EAST WEST BANCORP IN	1,059	1,001
29364G103 ENTERGY CORP NEW COM	3,479	3,615
60786M105 MOELIS & COMPANY SHS	4,250	3,885
64110D104 NETAPP INC	3,894	3,342
767204100 RIO TINTO PLC SPON A	5,876	5,236
78440P108 SK TELECOM LTD SPON	6,104	6,084
89151E109 TOTAL FINA ELF S.A.	4,543	4,644
902681105 UGI CORP NEW COM	1,940	2,347
91879Q109 VAIL RESORTS INC	2,480	2,319
404280406 HSBC HLDGS PLC	11,601	10,360
446413106 HUNTINGTON INGALLS I	3,395	3,045
456837103 ING GROEP N V SPONSO	5,010	4,029
670100205 NOVO NORDISK A/S ADR	6,063	5,574
80105N105 SANOFI-SYNTHELABO	12,292	12,111
803054204 SAP AKTIENGESELLSCHA	5,067	5,475
891160509 TORONTO-DOMINION BAN	10,183	10,988
90138F102 TWILIO INC CL A	1,832	1,786
00912X302 AIR LEASE CORP CL A	3,946	3,655
059460303 BANCO BRADESCO S A	4,609	5,311
088606108 BHP BILLITON LIMITED	10,207	11,831
148806102 CATALENT INC SHS	4,510	3,960
29082A107 EMBRAER S A SPONSRD	4,588	4,979
36197T103 GW PHARMACEUTICALS P	2,265	3,311
431475102 HILL ROM HLDGS	7,200	7,792
438128308 HONDA MOTOR ADR NEW	1,317	1,217
469814107 JACOBS ENGR GROUP IN	1,221	1,111
74624M102 PURE STORAGE INC SHS	4,372	3,554
86562M209 SUMITOMO MITSUI-UNSP	9,424	7,923
882508104 TEXAS INSTRUMENTS IN	7,400	8,694
000375204 ABB LTD	11,474	9,163
01609W102 ALIBABA GROUP HOLDIN	9,118	6,716
02156B103 ALTERYX INC COM	4,623	4,460
09061G101 BIOMARIN PHARMACEUTI	2,088	2,044
12504L109 CBRE GROUP INC	3,298	3,644
151290889 CEMEX S A	6,931	4,126
232806109 CYPRESS SEMICONDUCTO	2,392	2,302
25470F104 DISCOVERY COMMUNICAT	2,400	1,831
65339F101 NEXTERA ENERGY INC S	8,935	9,386
756109104 REALTY INCOME CORP	2,328	2,206
816300107 SELECTIVE INS GROUP	2,777	4,571
832696405 SMUCKER J M CO	2,836	2,524
858119100 STEEL DYNAMICS INC	1,496	1,292
874039100 TAIWAN SEMICONDUCTOR	7,732	6,976
74435K204 PRUDENTIAL PLC ADR	12,419	10,505
817565104 SERVICE CORP INTERNA	3,385	3,865
835699307 SONY CORP ADR AMERN	5,998	8,449
904784709 UNILEVER NV NY SHARE	9,532	9,307
949746804 WELLS FARGO & CO NEW	23,950	23,976
989701107 ZIONS BANCORP NA	2,634	2,037
G25839104 COCA-COLA EUROPEAN	15,437	17,515
G9078F107 TRITON INTL LTD SHS	4,576	4,319
136385101 CANADIAN NAT RES LTD	12,616	9,749
225401108 CREDIT SUISSE GROUP	5,769	4,127
393657101 GREENBRIER COS INC	3,890	3,717
448579102 HYATT HOTELS CORP	2,334	2,298
44919P508 IAC INTERACTIVECORP	936	1,281
550021109 LULULEMON ATHLETICA	4,715	4,135
755111507 RAYTHEON CO	2,724	2,300
78410G104 SBA COMMUNICATIONS C	2,483	3,238
884903709 THOMSON REUTERS CORP	4,446	4,879
N00985106 AERCAP HOLDINGS N.V.	3,088	2,851
00766T100 AECOM TECH CORP	1,272	1,007
00846U101 AGILENT TECHNOLOGIES	2,128	2,631
064149107 BANK OF NOVA SCOTIA	6,054	4,837
169426103 CHINA TELECOM CORP L	5,253	5,327
237194105 DARDEN RESTAURANTS I	9,588	8,688
291011104 EMERSON ELECTRIC COM	8,302	8,126
369550108 GENERAL DYNAMICS COR	2,840	2,515
45073V108 ITT INC SHS	4,063	4,151
500255104 KOHLS CORP	3,399	3,118
500472303 KONINKLIJKE PHILIPS	6,439	5,582
636274409 NATIONAL GRID PLC SH	8,337	7,197
684060106 ORANGE SA	12,222	11,722
750236101 RADIAN GROUP INC	4,637	4,532
773903109 ROCKWELL INTL CORP N	10,320	8,577
775109200 ROGERS COMMUNICATION	7,162	7,023
780259107 ROYAL DUTCH SHEL PLC	8,602	7,852
78573M104 SABRE CORP SHS	3,705	3,224
82028K200 SHAW COMMUNICATIONS	5,589	4,957
867224107 SUNCOR ENERGY INC NE	4,794	4,223
918204108 V F CORPORATION COM	10,651	8,418
H1467J104 CHUBB LTD	6,496	7,363
05351W103 AVANGRID INC SHS	2,475	2,454
05534B760 BCE INC	5,967	5,099
32008D106 FIRST DATA CORPORATI	1,739	1,809

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
317609295 SEAFARER OVERSEAS GR	AT COST	138,857	107,828
360873137 GOTHAM ABSOLUTE RETU	AT COST	121,280	114,487
92189F593 VANECK VECTORS	AT COST	265,394	223,643
32008F200 FIRST EAGLE SOGEN FD	AT COST	119,398	111,690
922042858 VANGUARD INTL EQTY I	AT COST	115,097	119,939
88166L876 TETON WESTWOOD MIGHT	AT COST	48,630	41,743
92189F437 VANECK VECTORS FALLE	AT COST	120,888	111,774
92189F643 VANECK VECTORS	AT COST	304,663	329,731
543495741 LOOMIS SAYLES	AT COST	103,994	96,393
72201M719 PIMCO INCOME FUND CL	AT COST	97,987	95,323
543495758 LOOMIS SAYLES HI INC	AT COST	16,714	16,002

Category	Amount	Net Investment Income
FOREIGN TAXES	2,255	2,255
FEDERAL TAX PAYMENT - PRIOR YE	1,615	0
FEDERAL ESTIMATES - PRINCIPAL	2,131	0
FOREIGN TAXES ON NONQUALIFIED	687	687

Description	Amount
MUTUAL FUND TIMING DIFFERENCE	59
PURCHASE OF ACCRUED INTEREST C/O TO NEXT	42
COST BASIS ADJUSTMENT	1,571

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
STATE TAXES/FILING FEES	35	0	35
INVESTMENT EXPENSES-DIVIDEND I	19	19	0
OTHER INVESTMENT EXPENSES	190	190	0