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.
bullet

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

OMB No. 1545-0052

2018

Open to Public Inspection

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

Name of foundation
MASON AND LULA COLE CHARITABLE TUA

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1419
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
KILMARNOCK, VA22482

A Employer identification number

26-6779458

B Telephone number (see instructions)

(804) 435-4246

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

$3,710,060J 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...	102,494		101,402
5a	Gross rents............	4,500		4,500
b	Net rental income or (loss) -5,867
6a	Net gain or (loss) from sale of assets not on line 10		188,062
b	Gross sales price for all assets on line 6a 833,907
7	Capital gain net income (from Part IV, line 2)...			188,062
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	295,056		293,964
13	Compensation of officers, directors, trustees, etc.	50,239		50,239
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).......		600	600	0	0
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		36,591	27,526		0
19	Depreciation (attach schedule) and depletion...		5,739	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		5,632	5,632
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	98,801		83,997	0	0
25	Contributions, gifts, grants paid.......	271,100				271,100
26	Total expenses and disbursements. Add lines 24 and 25	369,901		83,997	0	271,100
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-74,845
b	Net investment income (if negative, enter -0-)			209,967
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.............
	2	Savings and temporary cash investments.........	69,913	54,193	54,193
	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)	10,142	30,047	30,520
	b	Investments—corporate stock (attach schedule).......	1,910,065	1,848,081	2,632,274
	c	Investments—corporate bonds (attach schedule).......	869,737	845,408	831,492
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	210,000	224,871	161,581
	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)	3,069,857	3,002,600	3,710,060
	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........	3,069,857	3,002,600
	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).....	3,069,857	3,002,600
	31	Total liabilities and net assets/fund balances (see instructions).	3,069,857	3,002,600

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

3,069,857

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

-74,845

Other increases not included in line 2 (itemize) bullet

9,341

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

3,004,353

Decreases not included in line 2 (itemize) bullet

1,753

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

3,002,600

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	15000. TARGET CORP 6.00% DTD 01/17/2008 DUE 01/15/2018		2009-04-13	2018-01-15
b	25000. AT&T INC 5.50% DTD 02/01/2008 DUE 02/01/2018		2008-02-13	2018-02-01
c	200. GRUBHUB INC COM		2017-08-10	2018-02-08
d	5000. COMPUTER SCIENCES CORP SR NT 6.50% DTD 03/15/2009 DUE 03/15/2018		2010-06-30	2018-03-15
e	803.16 BNSF RAILWAY CO SER 2006 2 CL 2006 2 5.629% DTD 08/09/2006 DUE		2014-12-08	2018-04-01
	15000. CABOT CORP MED TERM NTS BK ENT FR 7.28% DTD 10/21/1997 DUE 10/2		2017-05-11	2018-04-16
	100. GRUBHUB INC COM		2017-06-21	2018-07-27
	1.07 BNSF RAILWAY CO SER 2006 2 CL 2006 2 5.629% DTD 08/09/2006 DUE		2014-12-08	2018-10-01
	120. UNITED RENTALS INC COM		2017-08-10	2018-10-22
	15000. TOYOTA MOTOR CREDIT CORP VAR RATE DTD 10/25/2013 DUE		2016-04-25	2018-10-25
	20000. MORGAN STANLEY D W DISC SRMTNS SR NT FLT VAR RATE DTD 11/09/201		2013-11-26	2018-11-09
	.667 RESIDEO TECHNOLOGIES INC COM		2017-08-10	2018-11-13
	25000. FORD MOTOR CREDIT COMPANY VAR RATE DTD 05/31/2013 DUE		2013-08-26	2018-11-20
	250. ISHARES RUSSELL MID-CAP ETF		2009-05-21	2018-11-30
	100. ISHARES RUSSELL 2000 ETF		2009-05-21	2018-11-30
	75. VANGUARD CHARLOTTE FDS INTL BD IDX ETF		2017-06-21	2018-11-30
	1000. AFLAC INC COM		2010-04-01	2018-12-06
	275. AGILENT TECHNOLOGIES INC COM		2017-08-10	2018-12-06
	50. ALIGN TECHNOLOGY INC COM		2017-08-10	2018-12-06
	150. AMERIPRISE FINL INC COM		2015-11-18	2018-12-06
	25. BOEING CO COM		2017-08-10	2018-12-06
	740. CANADIAN NAT RES LTD COM		2017-08-10	2018-12-06
	110. CHARTER COMMUNICATIONS INC NEW CL A		2017-08-10	2018-12-06
	200. CHILDRENS PL INC NEW COM		2017-08-10	2018-12-06
	100. COHERENT INC COM		2017-08-10	2018-12-06
	50. COOPER COS INC COM NEW		2017-08-10	2018-12-06
	300. DOWDUPONT INC COM		2015-11-18	2018-12-06
	60. EQUINIX INC COM PAR		2017-08-10	2018-12-06
	600. FISERV INC COM		2010-04-01	2018-12-06
	10. GARRETT MOTION INC COM		2017-08-10	2018-12-06
	175. GILEAD SCIENCES INC COM		2017-02-09	2018-12-06
	200. HARRIS CORP DEL COM		2009-04-09	2018-12-06
	200. LUMENTUM HLDGS INC COM		2017-08-10	2018-12-06
	315. MAGNA INTERNATIONAL INC CL A		2017-08-25	2018-12-06
	250. MARRIOTT INTERNATIONAL CL A		2017-08-10	2018-12-06
	30. MCCORMICK & CO INC COM NON VTG		2017-06-21	2018-12-06
	400. MICROSOFT CORP COM		2006-04-27	2018-12-06
	150. NCR CORP NEW COM		2017-07-18	2018-12-06
	40. NEXTERA ENERGY INC COM		2009-09-24	2018-12-06
	170. PVH CORP COM		2017-10-18	2018-12-06
	75. PARKER HANNIFIN CORP COM		2017-08-10	2018-12-06
	400. PHILIP MORRIS INTL INC COM		2009-01-29	2018-12-06
	16. RESIDEO TECHNOLOGIES INC COM		2017-08-10	2018-12-06
	650. SANOFI SPONSORED ADR		2017-08-10	2018-12-06
	300. TEXAS INSTRUMENTS INC COM		2010-04-01	2018-12-06
	155. TYSON FOODS INC CL A		2017-10-18	2018-12-06
	165. VEEVA SYS INC CL A COM		2017-08-25	2018-12-06
	318. VANGUARD REAL ESTATE ETF		2015-11-18	2018-12-06
	175. INGERSOLL RAND PLC SHS		2017-08-10	2018-12-06
	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	15,000	15,000
b	25,000	25,000
c	17,806	10,894	6,912
d	5,493	5,160	333
e	803	880	-77
	17,440	16,915	525
	13,336	4,721	8,615
	1	1
	13,812	13,539	273
	15,000	15,000
	20,000	20,000
	15	16	-1
	25,000	25,000
	12,869	3,905	8,964
	15,139	4,816	10,323
	4,104	4,116	-12
	43,030	23,350	19,680
	19,575	16,098	3,477
	10,861	8,689	2,172
	17,601	17,269	332
	8,197	5,840	2,357
	19,484	23,443	-3,959
	35,572	40,598	-5,026
	20,803	20,968	-165
	12,496	21,538	-9,042
	13,668	12,018	1,650
	16,572	15,840	732
	23,274	26,650	-3,376
	45,229	7,659	37,570
	114	148	-34
	12,159	11,480	679
	27,707	6,154	21,553
	8,820	10,786	-1,966
	14,695	15,098	-403
	28,580	24,975	3,605
	4,530	3,029	1,501
	43,328	13,640	29,688
	3,950	6,170	-2,220
	7,277	2,163	5,114
	18,018	21,325	-3,307
	12,117	11,788	329
	33,768	15,844	17,924
	324	382	-58
	28,253	31,066	-2,813
	28,800	7,383	21,417
	8,929	11,035	-2,106
	15,144	9,304	5,840
	26,127	24,212	1,915
	17,575	14,940	2,635
			6,512

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
b
c			6,912
d			333
e			-77
			525
			8,615

			273


			-1

			8,964
			10,323
			-12
			19,680
			3,477
			2,172
			332
			2,357
			-3,959
			-5,026
			-165
			-9,042
			1,650
			732
			-3,376
			37,570
			-34
			679
			21,553
			-1,966
			-403
			3,605
			1,501
			29,688
			-2,220
			5,114
			-3,307
			329
			17,924
			-58
			-2,813
			21,417
			-2,106
			5,840
			1,915
			2,635

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	188,062
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	241,511	4,172,481	0.057882
2016	241,194	3,940,959	0.061202
2015	224,542	4,100,014	0.054766
2014	215,444	4,244,843	0.050754
2013	192,000	4,067,488	0.047204

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

0.271808

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 ......

0.054362

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

4,153,669

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

225,802

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

2,100

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

227,902

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

271,100

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	2,100
	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	2,100
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	2,100
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	4,992
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,992
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,892
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax525	Refunded	11	2,367

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

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

The books are in care of bullet

CHESAPEAKE TRUST COMPANY, SHERRI L CLOWSER Telephone no. bullet

(804) 435-4246

Located at bullet

P O BOX 1419KILMARNOCKVA ZIP+4 bullet

22482

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
CHESAPEAKE TRUST COMPANY	TRUSTEE 2	50,239
P O BOX 1419 KILMARNOCK,VA22482	TRUSTEE 2	50,239

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

3,990,806

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

79,117

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

147,000

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

4,216,923

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

4,216,923

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

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

63,254

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

4,153,669

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

207,683

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

207,683

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

2,100

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

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

2,100

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

205,583

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

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

205,583

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

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

205,583

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 ..........

271,100

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

271,100

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

2,100

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

269,000

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					205,583
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......	0
b From 2014......	4,314
c From 2015......	24,457
d From 2016......	45,978
e From 2017......	42,865
fTotal of lines 3a through e........		117,614
4Qualifying distributions for 2018 from Part
XII, line 4: $ 271,100
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.....					205,583
e Remaining amount distributed out of corpus		65,517
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		183,131
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		183,131
10 Analysis of line 9:
a Excess from 2014....	4,314
b Excess from 2015....	24,457
c Excess from 2016....	45,978
d Excess from 2017....	42,865
e Excess from 2018....	65,517

Form 990-PF (2018)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
RAPPAHANNOCK GENERAL HOSPITAL FOUNDATION 101 HARRIS ROAD KILMARNOCK,VA22482	NONE	PC	MEDICAL	8,000
LANCASTER COMMUNITY LIBRARY 235 SCHOOL STREET KILMARNOCK,VA22482	NONE	PC	CHARITABLE	6,000
NORTHERN NECK ORCHESTRA P O BOX 263 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	6,000
RAPPAHANNOCK COMM COLLEGE EDUCATIONAL FN PO BOX 923 WARSAW,VA22572	NONE	PC	EDUCATIONAL	6,000
SHIRLEY PERKINS MEMORIAL FUND FOR ANIMALS 810 GRIFFINS LANDING RD LANCASTER,VA22503	NONE	N/A	CHARITABLE	2,500
WESTMORELAND PLAYERS PO BOX 253 CALLAO,VA22435	NONE	PC	CHARITABLE	15,000
CHESAPEAKE ACADEMY 107 STEAMBOAT ROAD IRVINGTON,VA22480	NONE	PC	EDUCATIONAL	6,500
LANCASTERNORTHUMBERLAND INTERFAITH COUNCIL P O BOX 368 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	6,000
SMITH POINT SEA RESCUE P O BOX 662 BURGESS,VA22432	NONE	PC	CHARITABLE	10,000
THE HAVEN SHELTER AND SERVICES INC P O BOX 1267 WARSAW,VA22572	NONE	PC	CHARITABLE	10,000
HABITAT FOR HUMANITY LANCASTER/NORTHUMBERLAND PO BOX 908 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	5,000
RAPPAHANNOCK FOUNDATION FOR THE ARTS 708 RAPPAHANNOCK DRIVE White Stone,VA22578	NONE	PC	CHARITABLE	19,000
PRESERVATION NORTHERN NECK ATTN EDWARD WHITE P O BOX 691 WARSAW,VA22572	NONE	PC	CHARITABLE	3,000
NORTHERN NECK LAND CONSERVANCY PO BOX 125 LANCASTER,VA22503	NONE	PC	CHARITABLE PURPOSES	7,000
LANCASTER COUNTY VA EDUCATION FOUNDATION PO BOX 928 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	14,000
KILMARNOCK MUSEUM INC PO BOX 2276 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	4,000
VISIONS LEAD NORTHERN NECK PO BOX 78 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	5,000
CAMP KEKOKA 1083 BOYS CAMP RD Kilmarnock,VA22482	NONE	PC	CHARITABLE	2,000
RAPPAHANNOCK CONCERT ASSOCIATION 201 ACADEMIC LN Heathsville,VA22473	NONE	PC	SUPPORT	1,700
HEALTHY HARVEST FOOD BANK 5116 RICHMOND RD Warsaw,VA22572	NONE	PC	SUPPORT	15,000
Lancaster Players Playhouse 361 CHESAPEAKE DR White Stone,VA22578	NONE	PC	SUPPORT	10,000
LANCASTER VA HISTORICAL SOCIETY 8346 MARY BALL RD Lancaster,VA22503	NONE	PC	SUPPORT	5,000
FRIENDS OF THE NORTHUMBERLAND COUNTY 11703 NORTHUMBERLAND HWY Heathsville,VA22473	NONE	PC	SUPPORT	2,700
YMCA OF THE NORTHERN NECK 39 WILLIAM B GRAHAM CT Kilmarnock,VA22482	NONE	PC	SUPPORT	3,700
PARTNERS FOR LANCASTER COUNTY SCHOOLS FDN P O BOX 144 IRVINGTON,VA22480	NONE	N/A	EDUCATIONAL	5,000
BOYS AND GIRLS CLUB OF THE NORTHERN NECK P O BOX 564 KILMARNOCK,VA22482	NONE	PC	CHARITABLE	25,000
ANIMAL WELFARE LEAGUE C/O JUDY HARVELL P O BOX 975 WHITE STONE,VA22578	NONE	PC	CHARITABLE	4,000
THE RWC FOUNDATION 132 LANCASTER DRIVE IRVINGTON,VA22480	NONE	PC	CHARITABLE	10,000
LEGAL AID WORKS 500 LAFAYETTE BOULEVARD FREDERICKSBURG,VA22401	NONE	PC	CHARITABLE	5,000
THE LINK PO BOX 443 Sterling,VA201670443	NONE	PC	CHARITABLE	6,000
HAMPDEN SYDNEY COLLEGE BOX 637 HAMPDEN SYDNEY,VA23943	NONE	PC	GENERAL SUPPORT	10,000
HOSPICE OF THE NORTHERN NECK PO BOX 262 WARSAW,VA22572	NONE	PC	CHARITABLE	6,000
Northern Neck - Middlesex Free Health Clinic PO BOX 1694 Kilmarnock,VA22482	NONE	PC	CHARITABLE	15,000
NORTHERN NECK ARTISAN TRAIL PO BOX 166 GREENVILLE,VA24401	NONE	PC	SUPPORT	5,000
NORTHERN NECK CASA PO BOX 695 LANCASTER,VA22503	NONE	PC	CHARITABLE	3,000
NORTHERN NECK SAIL AND POWER SQUADRON 2949 HARRY HOGAN ROAD CALLAO,VA22435	NONE	PC	CHARITABLE	4,000
Total ................................. 3a				271,100

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	102,494
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....				-5,867
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	188,062
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)..				284,689

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

284,689

(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

- TIN:

TY 2018 AccountingFeesSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	600	600

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2018 DepreciationSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
BAY WALK .095 AC L	2012-01-01	157,850	34,196	M27	27	5,739

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AT&T COM GLOBAL 5.5% 2/1/18
AT&T INC 3.875% 8/15/21	5,065	5,050
DUKE ENGY CORP 3.05% 8/15/22	15,208	14,700
TOYOTA MOTOR CREDIT CORP 1.288
SHELL INT 4.3% 9/22/19	25,000	25,231
TARGET CORP 6% 1/15/18
VERIZON 5.5% 2/15/18
PITNEY BOWES INC 4.75% 5/15/18
WAL MART STORES 3.25%10/25/20	50,046	50,488
NUCOR 4.125% 9/15/22	24,907	25,803
HUMANNA INC 3.15% 12/1/22	15,031	14,695
LOWES CO 3.12% 4/15/22	5,019	4,914
NIKE INC 2.25% 5/01/23	10,032	9,675
FORD MOTOR CREDIT VAR 11/20/18
GENERAL ELECTRIC VAR 20 4/15/2	19,984	19,628
GOLDMAN SACHS GRP INC 2.250% 3
GOLDMAN SACHS BK 2.05% CD 1/1
MORGAN STANLEY VAR I8 11/9/18
NORFOLK SOUTHERN 3.25% 12/01/2	51,746	52,137
OLD REPUBLIC INTL CORP 4.875%	5,163	5,197
BARCLAYS BANK PLC 4% 9/30/25	20,139	20,520
BNSF RAILWAY CO 5.629% REMIC 4	5,221	5,022
GOLDMAN SACHS GROUP 4% 8/15/21	20,101	19,962
SCANA CORP 4.75% 5/15/21
SYNCHRONY BANK CD 2.65% 7/27/2
SYNCHRONY BANK CD 2.65% 7/27/2
WELLS FARGO & CO NEW SR GLBL N	14,972	13,978
CAMPBELL SOUP CO 3.3% 3/19/25	24,848	23,095
COCA COLA ENT 7% 10/01/26	48,181	48,690
CONAGRA FOODS IN 3.25% 9/15/22	24,314	24,446
DUKE ENGY CORP 2.6% 12/15/22	24,613	23,896
GOLDMAN SACHS GR STEP 30 DUE 1	49,826	46,649
JPMORGAN CHASE & STEP DUE 3/29	106,030	102,806
MEDTRONIC INC 3.625% DUE 3/15/	13,273	13,125
ROYAL BANK OF C 2.25% 11/19/24	29,143	29,616
WEYERHAEUSER CO 6.875% 12/15/3	28,441	29,772
CABOT CORP 7.280% 10/21/2027
EATON VANCE CORP 3.5% DUE 4/6/	25,105	24,226
JPMORGAN CHASE CO 3.200% 6/15/	24,839	23,544
JPMORGAN CHASE CO 3.000% 8/30/	24,789	23,798
SOUTHWEST AIRLINES CO 3.000% 1	24,656	23,332
HSBC 5.75% 11/15/17
ASSOCIATED BANC CORP SUB GLBL	25,168	25,138
FLIR SYS INC SR GLBL NT 3.125%	24,875	24,648
TEXTRON INC SR GLBL NT 4.00% D	24,940	24,429
TOYOTA MOTOR CRED SR BSTEP CPN	19,733	19,400
VERIZON COMMUNICATIONS INC FR	15,000	13,882

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AFLAC INC	12,432	27,336
ABBOTT LABS	9,380	32,549
ALLSTATE CORP	15,323	41,315
AMGEN INC	5,954	24,334
BOEING CO	18,955	40,313
CERNER CORP	3,657	10,488
CLOROX CO DEL	5,059	15,414
COLGATE PALMOLIVE CO	7,620	11,904
GENERAL DYNAMICS CORP	8,932	31,442
HARRIS CORP DEL	11,595	53,860
ILLINOIS TOOL WORKS INC	10,484	25,338
ISHARES TR US FINL ETF	38,211	106,370
ISHARES TR US BASIC MATERIALS	4,319	8,396
ISHARES MSCI EAFE	72,945	105,804
JOHNSON & JOHNSON	32,565	64,525
MCDONALDS CORP	16,889	53,271
MICROSOFT CORP	15,848	60,942
PHILIP MORRIS INTL INC
PROCTER & GAMBLE CO	14,480	22,980
VALERO ENERGY CORP NEW	2,952	14,994
VERIZON COMMUNICATIONS	8,380	16,866
FISERV INC	10,212	58,792
NEXTERA ENERGY INC COMMON	5,826	19,120
TEXAS INSTRUMENTS INC	12,305	47,250
UNION PACIFIC CORP	8,405	27,646
ORACLE CORP	20,096	31,605
SPDR FUND MATERIALS SELECT SEC	19,608	20,208
UNITEDHEALTH GRP INC	42,164	62,280
UGI CORP	5,856	16,005
JPMORGAN CHASE & CO	14,419	39,048
APPLE INC	24,959	47,322
ABBVIE INC	6,781	27,657
GILEAD SCIENCES	11,254	10,946
ISHARES TR US INDL ETF	2,929	6,427
VANGUARD TOTAL INTERNATIONAL B
WAL-MART STORES INC	12,161	18,630
CHEVRON CORP	23,858	27,198
SCHLUMBERGER LTD	22,907	12,628
AMERIPRISE FINANCIAL	15,657	15,656
ISHARES RUSSELL 2000 ETF	28,089	78,332
ISHARES RUSSELL MID CAP ETF	26,992	80,410
SCHWAB INTERNATIONAL EQUITY ET	76,576	75,298
VANGUARD REIT ETF
ISHARES IBOXX HIGH YIELD BOND	69,329	66,908
INGERSOLL-RAND PLC SHS
BROADCOM LIMITED COM NPV	24,320	25,428
AT&T INC	22,020	17,124
AGILENT TECH INC COM
ALIGN TECH I COM	8,689	10,472
ANADARKO PETROLEUM	4,709	4,384
BECTON DICKINSON & CO	9,928	11,266
BURLINGTON STORES INC COM	16,037	29,281
CANADIAN NATIRAL RESOURCES LTD
CHARLES RIVER LAB INTERNATI	10,136	11,318
CHARTER COMMUNICATIONS INC
CHILDRENS PLACE INC COM	19,926	18,018
COHERENT INC COM
THE COOPER COMPANIES INC
DOLLAR TREE INC COM	16,030	15,806
DOWDUPONT INC COM	10,560	10,696
EOG RESCOURCES INC COM	23,426	22,675
ELECTRONIC ARTS INC COM	22,862	15,782
EQUINIX INC COM
GRUBHUB INC COM	4,721	7,681
HONEYWELL INTL INC	13,222	13,212
ISHARES EMERGING MARKETS ETF	58,360	52,731
L3 TECHNOLOGIES INC COM	12,701	34,732
THE ESTEE LAUDER CO INC CL A
LAZARD INTL STRATEGIC EQUITY O	100,000	88,624
ELI LILLY & CO
LUMENTUM HLDGS INC
MAGNA INTL INC
MARSH MCLENNAN CO INC	13,798	13,956
MARRIOT INTL INC CL A	19,980	21,712
MCCORMICK & CO INC	26,017	37,595
MORGAN STANLEY COM NEW	18,054	15,860
NCR CORP COM
PVH CORP COM
PARKER-HANNIFIN CORP COM
PEPSICO INC	23,324	22,096
THE PRICELINE GROUP INC COM NE
SANOFI
SELECT SECTOR UTI SELECT SPDR	24,340	23,814
TANGER FACTORY OUTLETS CTRS	12,215	10,110
TYSON FOOD INC CL A
UNITED RENTALS INC COM
VEEVA SYSTEMS INC COM
SPDR SER TR BLOOMBERG BARCLAYS	123,466	124,509
VANGUARD CHARLOTTE FDS INTL BD	66,551	67,813
VAIL RESORTS INC COM	21,590	16,866
WENDYS CO COM	22,163	19,669
WINGSTOP INC COM	9,536	9,629
LAUDER ESTEE COS INC CL A	10,994	13,010
TOTAL S A SPONSORED ADR	16,342	15,654
CENTENE CORP DEL COM	12,736	10,954
LILLY ELI & CO COM	5,708	17,358
THERMO FISHER CORP COM	14,380	13,427
VMWARE INC CL A COM	22,656	19,198
ZEBRA TECHNOLOGIES CORP CL A	22,278	20,700
INTERNATIONAL FLAVORS&FRAGRANC	11,025	10,742
ALPHABET INC CAP STK CL A	32,110	31,349
BOOKING HLDGS INC COM	18,319	17,224
CBS CORP NEW CL B	32,423	27,762
DISCOVERY INC COM SER A	33,633	28,822
SELECT SECTOR SPDR TR COMMUNIC	32,698	30,754
CROWN CASTLE INTL CORP NEW COM	23,798	22,269
UDR INC COM	23,937	22,385

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

US Government Securities - End of Year Book Value:

10,047

US Government Securities - End of Year Fair Market Value:

10,080

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

20,000

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

20,440

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BAY WALK .095 A/C LOT 3 TOWN O	AT COST	210,000	147,000
GE CAP RETAIL BK UTAH CTF DEP	AT COST	9,857	9,721
GE CAP RETAIL BK DRAPER UTAH C	AT COST	5,014	4,860

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Description	Amount
RETURN OF CAPITAL	1,752
ROUNDING	1

- TIN:

TY 2018 OtherExpensesSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	971	971	0
OTHER EXPENSE (NON-DEDUCTIBLE	33	33	0
Rent and Royalty Expense	4,628

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Description	Amount
COST BASIS ADJUSTEMENT	3,602
DEPRECIATION ADJUSTMENT	5,739

- TIN:

TY 2018 TaxesSchedule

Name:

MASON AND LULA COLE CHARITABLE TUA

EIN:

26-6779458

Category	Amount	Net Investment Income
FOREIGN TAXES	570	570
OTHER TAXES (NOT SUBJECT TO $1	26,007	26,007
FEDERAL TAX PAYMENT - PRIOR YE	4,073	0
FEDERAL ESTIMATES - PRINCIPAL	4,992	0
FOREIGN TAXES ON QUALIFIED FOR	905	905
FOREIGN TAXES ON NONQUALIFIED	44	44