Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
HOOVER FOUNDATION INCOME ACCOUNT
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

34-6510994
B Telephone number (see instructions)

(614) 331-9046
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$52,246,343
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,140,495 1,128,955  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,335,960
b Gross sales price for all assets on line 6a 10,651,332
7 Capital gain net income (from Part IV, line 2)... 4,335,960
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)....... 12,367 2,603  
12 Total. Add lines 1 through 11........ 5,488,822 5,467,518  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 165,879 82,940   82,940
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)....... 1,200 600 0 600
c Other professional fees (attach schedule).... 85,855 85,855   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 73,920 8,226   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 3,960     3,960
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 3,751 1,876   1,876
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 334,565 179,497 0 89,376
25 Contributions, gifts, grants paid....... 2,827,000 2,827,000
26 Total expenses and disbursements. Add lines 24 and 25 3,161,565 179,497 0 2,916,376
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,327,257
b Net investment income (if negative, enter -0-) 5,288,021
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,493,999 788,149 788,149
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,312,589 Click to see attachment2,200,120 2,181,017
b Investments—corporate stock (attach schedule)....... 18,415,658 Click to see attachment18,729,546 34,119,539
c Investments—corporate bonds (attach schedule)....... 13,282,818 Click to see attachment15,203,144 14,901,638
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 500,000 Click to see attachment500,000 256,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 35,005,064 37,420,959 52,246,343
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 35,005,064 37,420,959
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)..... 35,005,064 37,420,959
31 Total liabilities and net assets/fund balances (see instructions). 35,005,064 37,420,959
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
35,005,064
2
Enter amount from Part I, line 27a .....................
2
2,327,257
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
95,894
4
Add lines 1, 2, and 3 ..........................
4
37,428,215
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,256
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
37,420,959
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a 2500. AT&T INC     2018-01-24
b 1000. ALLSTATE CORP ILLINOIS   1994-08-10 2018-05-31
c 1000. ALLSTATE CORP ILLINOIS   1994-08-10 2018-06-25
d 50. AMAZON.COM INC   2009-07-09 2018-01-10
e 50. AMAZON.COM INC   2009-07-09 2018-03-14
16488.699 AMERICAN CENTURY HERITAGE FUND - CLASS I   2009-08-13 2018-01-24
300. APPLE COMPUTER   2008-02-01 2018-01-10
300. APPLE COMPUTER   2008-02-01 2018-05-31
. BANK AMER CORP COM     2018-04-06
. BANK OF NEW YORK MELLON CORP     2018-04-11
. BAXTER INTERNATIONAL INC     2018-04-11
250. BECTON DICKINSON AND CO.   2008-06-10 2018-01-30
250. BECTON DICKINSON AND CO.   2008-06-10 2018-03-23
150. BLACKROCK INC     2018-11-13
200. BOEING CO   1987-08-31 2018-01-10
200. BOEING CO   1987-08-31 2018-05-31
500. BRISTOL-MYERS SQUIBB CO   1988-05-16 2018-06-25
500. CVS CORP   2012-10-26 2018-04-18
400. CATERPILLAR INC.   1990-08-21 2018-01-10
500. CHEVRONTEXACO CORP     2018-05-31
1000. CHURCH & DWIGHT CO INC   2013-02-08 2018-01-25
500. CHURCH & DWIGHT CO INC   2013-02-08 2018-01-30
1500. CHURCH & DWIGHT CO INC   2013-02-08 2018-02-02
500. CINCINNATI FINL CORP   2015-07-30 2018-05-31
1500. CINCINNATI FINL CORP   2011-12-15 2018-06-25
1000. COCA-COLA CO   2011-05-25 2018-05-31
1000. COLGATE PALMOLIVE CO   2003-02-07 2018-01-25
500. COLGATE PALMOLIVE CO   2003-02-07 2018-01-30
1500. COLGATE PALMOLIVE CO   2003-02-07 2018-03-01
5000. COMCAST CORP CL A     2018-01-24
100000. CRANE CO 2.75% 12/15/2018   2013-12-10 2018-03-07
10946.907 DFA US SMALL CAP VALUE PORTFOLIO   2015-04-15 2018-01-24
250000. JOHN DEERE CAPITAL CORP SERIES MTN 1.95%   2015-01-12 2018-12-13
1000. DISNEY (WALT) CO   2007-04-04 2018-01-24
500. DISNEY (WALT) CO   2007-11-06 2018-06-25
2000. DOMINION RES INC VA NEW COM   2005-11-29 2018-04-18
1000. EASTMAN CHEMICAL CO   2018-01-17 2018-10-22
300. EXXON MOBIL CORP COM     2018-05-31
250000. FFCB 3.375% 12/27/2018   2010-12-30 2018-12-27
250. FEDEX CORP COM   2001-09-17 2018-03-01
200000. FORD MOTOR CREDIT CO LLC 3.339% 03/28/20   2018-01-11 2018-08-30
2500. FRANKLIN RES INC   1998-11-05 2018-05-31
50. GARRETT MOTION INC     2018-11-05
200000. GENERAL ELEC CAP CORP 4.375% 09/16/2020   2013-06-14 2018-01-26
1000. GILEAD SCIENCES INC   2016-05-16 2018-04-18
500. GOLDMAN SACHS GROUP INC   2010-10-19 2018-01-17
2000. HALLIBURTON CO     2018-11-15
400. INTERNATIONAL BUSINESS MACHINES CORP   1997-01-30 2018-05-31
800. INTERNATIONAL BUSINESS MACHINES CORP   1997-01-30 2018-06-25
1000. INTERNATIONAL PAPER CO   2013-03-05 2018-01-30
500. JOHNSON & JOHNSON CO   2001-09-26 2018-04-18
250. MARRIOTT INTL INC NEW   2018-05-31 2018-11-05
250. MARRIOTT INTL INC NEW   2017-08-01 2018-11-05
800. MCDONALDS CORP   2002-12-06 2018-05-31
500. MICROSOFT CORP   2000-07-07 2018-01-10
500. MICROSOFT CORP   2000-07-07 2018-03-14
1000. MICROSOFT CORP   2000-07-07 2018-05-31
3000. MONDELEZ INTERNATIONAL INC W/I   2015-04-07 2018-05-31
1000. MONSANTO CO NEW     2018-01-17
500. NIKE INC CL B   2010-05-14 2018-01-24
500. NUCOR CORP   2013-03-05 2018-01-17
500. OCCIDENTAL PETROLEUM CORP   2014-10-02 2018-03-23
2000. ORACLE CORP   2004-06-24 2018-05-31
1000. ORACLE CORP   2002-11-06 2018-08-22
3000. ORACLE CORP   2002-11-06 2018-11-05
500. PNC FINANCIAL CORP   2012-10-02 2018-11-05
1000. PEPSICO INC     2018-01-24
2000. PFIZER INC   1989-04-04 2018-01-10
1000. PHILIP MORRIS INTL INC     2018-08-22
750. PRAXAIR INC   2003-12-09 2018-01-24
75. PRICELINE GROUP INC     2018-01-24
500. PROCTER & GAMBLE CO   2002-05-29 2018-04-18
500. PROCTER & GAMBLE CO   2002-05-29 2018-08-22
2000. PRUDENTIAL FINL INC     2018-04-18
2500. QUALCOMM INC     2018-01-10
100000. RALPH LAUREN CORP 2.125% 09/26/2018-2018   2013-09-27 2018-09-26
500. REGENERON PHARMACEUTICALS     2018-05-31
83. RESIDEO TECHNOLOGIES INC     2018-11-05
.334 RESIDEO TECHNOLOGIES INC   2017-11-16 2018-11-15
15659.255 T. ROWE PRICE MID CAP VALUE FUND     2018-01-25
1000. SVB FINANCIAL GROUP     2018-12-28
500. SCHLUMBERGER LTD.   1986-09-29 2018-05-31
2500. SOUTHERN CO     2018-01-24
1250. SOUTHERN CO     2018-08-22
2000. STARBUCKS CORP     2018-05-31
500. STARBUCKS CORP   2008-02-07 2018-11-13
150000. STARBUCKS CORP 2% 12/05/2018-2018   2013-12-06 2018-12-05
500. TJX COMPANIES INC W/1 RT/SH   2009-06-17 2018-01-30
500. TARGET CORP   2011-02-23 2018-04-18
100000. TENNESSEE VALLEY AUTH 1.75% 10/15/2018   2013-09-27 2018-10-15
250. THERMO ELECTRON CORP W/1 RT/SH   2008-06-10 2018-03-23
250. 3M CO COM   2001-11-02 2018-03-01
250. 3M CO COM   2001-11-02 2018-03-23
1000. 3M CO COM   2001-11-02 2018-11-13
400. UNION PACIFIC CORP   2003-02-06 2018-01-10
400. UNION PACIFIC CORP   2003-02-06 2018-03-14
200. UNION PACIFIC CORP   2003-02-06 2018-05-31
150000. US TREASURY 2.75% 02/28/2018   2011-02-24 2018-02-28
4245.924 VANGUARD SMALL-CAP GROWTH INDEX FUND ADM   2006-10-19 2018-01-30
4243.762 VANGUARD SMALL-CAP GROWTH INDEX FUND ADM   2006-10-19 2018-02-01
2500. VERIZON COMMUNICATIONS     2018-01-24
100000. WAL-MART STORES INC 1.95% 12/15/2018   2015-04-09 2018-01-25
1000. WALGREENS BOOTS ALLIANCE     2018-01-25
3000. WELLS FARGO & CO NEW     2018-01-24
1000. WELLS FARGO & CO NEW     2018-03-15
2000. WELLS FARGO & CO NEW     2018-05-31
500. EATON CORP PLC   2012-12-01 2018-05-31
3000. MEDTRONIC PLC   2015-01-28 2018-03-01
. SECURITIES LITIGATION PROCEEDS     2018-08-02
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 92,573   99,448 -6,875
b 93,739   11,508 82,231
c 91,484   11,508 79,976
d 62,430   3,914 58,516
e 79,657   3,914 75,743
419,967   246,132 173,835
52,103   5,735 46,368
56,167   5,735 50,432
3,031     3,031
1,323     1,323
118     118
60,629   20,795 39,834
53,533   20,795 32,738
61,619   54,653 6,966
63,857   2,348 61,509
70,608   2,348 68,260
27,276   5,095 22,181
33,409   23,004 10,405
66,183   2,236 63,947
62,114   6,216 55,898
49,358   29,980 19,378
24,510   14,990 9,520
70,304   44,970 25,334
34,801   27,670 7,131
102,539   44,655 57,884
42,769   33,474 9,295
76,758   25,765 50,993
36,868   12,883 23,985
102,556   38,648 63,908
211,882   50,711 161,171
100,371   100,672 -301
431,965   400,000 31,965
250,000   253,065 -3,065
110,539   34,223 76,316
52,119   16,892 35,227
132,067   77,469 54,598
79,919   96,820 -16,901
24,381   3,566 20,815
250,000   250,260 -260
60,907   9,165 51,742
194,032   201,638 -7,606
83,903   30,675 53,228
743   776 -33
208,210   218,822 -10,612
75,778   83,030 -7,252
125,819   77,785 48,034
64,619   82,935 -18,316
56,547   15,710 40,837
111,311   31,420 79,891
64,549   44,593 19,956
64,106   26,578 37,528
30,100   33,750 -3,650
30,100   26,372 3,728
128,174   14,440 113,734
43,854   20,688 23,166
46,934   20,688 26,246
98,969   41,375 57,594
117,934   111,448 6,486
118,874   63,995 54,879
33,935   9,268 24,667
34,480   22,855 11,625
33,259   46,135 -12,876
93,607   22,820 70,787
48,701   10,359 38,342
145,378   31,078 114,300
65,276   31,815 33,461
121,154   50,454 70,700
72,813   4,839 67,974
82,286   88,704 -6,418
120,795   27,795 93,000
146,841   131,434 15,407
39,049   18,066 20,983
41,626   18,066 23,560
211,475   149,337 62,138
163,009   132,007 31,002
100,000   100,535 -535
149,568   162,095 -12,527
2,023   2,186 -163
7   9 -2
500,000   272,559 227,441
190,672   89,728 100,944
34,245   3,679 30,566
110,249   71,497 38,752
56,362   32,844 23,518
113,120   24,858 88,262
33,905   4,570 29,335
150,000   149,759 241
40,404   7,751 32,653
36,306   25,346 10,960
100,000   99,980 20
51,829   14,561 37,268
57,525   14,338 43,187
54,821   14,338 40,483
199,988   57,351 142,637
55,709   5,649 50,060
53,951   5,649 48,302
28,588   2,825 25,763
150,000   149,016 984
250,000   95,064 154,936
250,000   95,016 154,984
135,148   98,365 36,783
99,991   102,477 -2,486
77,729   73,519 4,210
195,567   88,568 106,999
56,871   57,563 -692
108,399   110,152 -1,753
38,423   25,168 13,255
233,336   225,345 7,991
56     56
      121,867
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       -6,875
b       82,231
c       79,976
d       58,516
e       75,743
      173,835
      46,368
      50,432
      3,031
      1,323
      118
      39,834
      32,738
      6,966
      61,509
      68,260
      22,181
      10,405
      63,947
      55,898
      19,378
      9,520
      25,334
      7,131
      57,884
      9,295
      50,993
      23,985
      63,908
      161,171
      -301
      31,965
      -3,065
      76,316
      35,227
      54,598
      -16,901
      20,815
      -260
      51,742
      -7,606
      53,228
      -33
      -10,612
      -7,252
      48,034
      -18,316
      40,837
      79,891
      19,956
      37,528
      -3,650
      3,728
      113,734
      23,166
      26,246
      57,594
      6,486
      54,879
      24,667
      11,625
      -12,876
      70,787
      38,342
      114,300
      33,461
      70,700
      67,974
      -6,418
      93,000
      15,407
      20,983
      23,560
      62,138
      31,002
      -535
      -12,527
      -163
      -2
      227,441
      100,944
      30,566
      38,752
      23,518
      88,262
      29,335
      241
      32,653
      10,960
      20
      37,268
      43,187
      40,483
      142,637
      50,060
      48,302
      25,763
      984
      154,936
      154,984
      36,783
      -2,486
      4,210
      106,999
      -692
      -1,753
      13,255
      7,991
      56
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 4,335,960
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 2,824,828 53,021,188 0.053277
2016 2,635,479 50,319,565 0.052375
2015 2,671,379 51,097,755 0.05228
2014 2,768,134 52,691,658 0.052535
2013 2,733,861 49,025,035 0.055765
2
Total of line 1, column (d) .....................
2
0.266232
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.053246
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
53,536,551
5
Multiply line 4 by line 3......................
5
2,850,607
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
52,880
7
Add lines 5 and 6........................
7
2,903,487
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,916,376
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 52,880
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 52,880
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 52,880
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 54,400
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 54,400
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,520
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,520 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (614) 331-9046

    Located atbulletPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4bullet43216
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HUNTINGTON NATIONAL BANK TRUSTEE
    4
    165,879    
    PO Box 1558 Dept EA5W86
    Columbus,OH43216
    LAWRENCE R HOOVER CHAIRPERSON
    4
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY D SCHILTZ COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    CHARLES H HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY R HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TERRY A MOORE COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    52,004,777
    b
    Average of monthly cash balances.......................
    1b
    2,080,884
    c
    Fair market value of all other assets (see instructions)................
    1c
    266,167
    d
    Total (add lines 1a, b, and c).........................
    1d
    54,351,828
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    54,351,828
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    815,277
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    53,536,551
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,676,828
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,676,828
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    52,880
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    52,880
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,623,948
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,623,948
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,623,948
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,916,376
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,916,376
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    52,880
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,863,496
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 2,623,948
    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...... 358,899
    b From 2014...... 195,972
    c From 2015...... 189,082
    d From 2016...... 162,603
    e From 2017...... 228,167
    fTotal of lines 3a through e........ 1,134,723
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,916,376
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 2,623,948
    e Remaining amount distributed out of corpus 292,428
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,427,151
    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) ...
    358,899
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    1,068,252
    10 Analysis of line 9:
    a Excess from 2014.... 195,972
    b Excess from 2015.... 189,082
    c Excess from 2016.... 162,603
    d Excess from 2017.... 228,167
    e Excess from 2018.... 292,428
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAWRENCE HOOVER
    400 MARKET AVE N STE 210
    CANTON,OH44702
    (330) 580-2568
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING AMOUNT AND PURPOSE FOR WHICH GRANT IS REQUESTED.
    cAny submission deadlines:
    NONE THE FOUNDATION MAKES GIFTS AND GRANTS PRINCIPALLY TO PUBLIC-SUPPORTED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    COMMUNITY FUNDS, HOSPITALS AND HEALTH AGENCIES,COLLEGES AND COMMUNITY ORGANIZATIONS. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN HEART ASSOCIATION
    4916 HILLS DALES RD
    CANTON,OH44708
    NONE PC HEALTH/MEDICAL RESEARCH FOR 10,000
    CHARACTER CORP
    220 MARKET AVENUE S-STE 200
    CANTON,OH44702
    NONE PC PROVIDE FUNDS FOR WORKING 10,000
    AMERICAN RED CROSS
    521 MARKET AVENUE N
    CANTON,OH44702
    NONE PC PROVIDE OPERATIONAL FUNDS 20,000
    MUSKINGUM COLLEGE
    163 STORMONT STREET
    NEW CONCORD,OH43762
    NONE PC EDUCATION 1,100
    NORTH CANTON COMMUNITY
    BUILDING
    200 SOUTH MAIN STREET
    NORTH CANTON,OH44720
    NONE PC COMMUNITY SERVICES 25,000
    NORTH CANTON CITY SCHOOLS
    525 - 7TH STREET NE
    NORTH CANTON,OH44720
    NONE PC EDUCATION 250,000
    KENT STATE UNIVERSITY FOUNDATION
    PO BOX 5190
    KENT,OH44242
    NONE PUBLIC EDUCATION 50,000
    WOMEN'S BOARD OF AULTMAN HOSPITAL
    2600 SIXTH ST SW
    Canton,OH44710
    NONE EXEMPT GENERAL 25,000
    ACCESS HEALTH CARE STARK COUNTY
    408 NINTH ST SW
    CANTON,OH44707
    NONE PC GENERAL SUPPORT 2,000
    THE WAY OUT PRISON MINISTRY
    PO BOX 784
    UNIONTOWN,OH44685
    NONE PC SUPPORT IN MINISTERING TO 10,000
    REFUGE OF HOPE
    405 3RD ST NE
    CANTON,OH44702
    NONE PC SUPPORT OF PROGRAM 85,000
    COMMQUEST SERVICES
    625 CLEVELAND AVE NW
    CANTON,OH44702
    NONE PC SUPPORT OF PROGRAMS 10,000
    PREGNANCY CHOICES
    2645 CLEVELAND AVE NE
    CANTON,OH44709
    NONE PC SUPPORT OF PROGRAMS 20,000
    MERCY SERVICE LEAGUE
    1320 MERCY DR
    CANTON,OH44718
    NONE SOUNK SUPPORT OF PROGRAMS 25,000
    STARK STATE COLLEGE FOUNDATION
    6200 FRANK AVE NW
    NORTH CANTON,OH44720
    NONE PC SUPPORT OF COLLEGE 5,000
    CITY OF MASSILLON
    151 LINCOLN WAY EAST
    MASSILLON,OH44646
    NONE GOVT GENERAL SUPPORT 50,000
    COMPASSION DELIVERED
    1320 BEL AIR DR NW
    NORTH CANTON,OH44720
    NONE PC GENERAL SUPPORT 3,500
    LEADERSHIP STARK COUNTY
    222 MARKET AVE N
    CANTON,OH44702
    NONE   GENERAL SUPPORT 10,000
    CANTON EX-NEWSBOYS ASSOC
    408 9TH ST SW
    CANTON,OH44707
    NONE PC GENERAL SUPPORT 10,000
    PALACE THEATRE
    34 W BROAD ST
    Columbus,OH43215
    NONE PC GENERAL SUPPORT 50,000
    TOMTOD IDEAS
    715 MARKET AVE N
    Canton,OH44702
    NONE PC GENERAL SUPPORT 10,000
    YMCA OF WESTERN STARK COUNTY
    131 TREMONT AVE SE
    Massillon,OH44646
    NONE PC GENERAL SUPPORT 20,000
    AKRON CHILDREN'S HOSPITAL FOUNDATION
    ONE PERKINS SQUARE
    AKRON,OH44308
    NONE PC SUPPORT PROGRAMS 50,000
    AULTMAN HEALTH FOUNDATION
    2600 SIXTH STREET SW
    CANTON,OH44710
    NONE PC SUPPORT PROGRAMS 150,000
    NORTH CANTON CHAMBER OF COMMERCE
    121 S MAIN ST
    NORTH CANTON,OH44720
    NONE PC SUPPORT PROGRAMS 24,000
    MASSACHUSETTS INSTITUTE
    OF TECHNOLOGY
    77 MASSACHUSETTS AVE
    CAMBRIDGE,ME02139
    NONE PC EDUCATIONAL SCHOLARSHIPS 1,000
    UNITED WAY OF GREATER STARK
    COUNTY
    220 MARKET AVE S
    CANTON,OH44702
    NONE PC PROVIDE SUPPORT TO 315,000
    PATHWAY CARING FOR CHILDREN
    4895 DRESSLER ROAD NW SUITE A
    CANTON,OH44718
    NONE PC RESIDENTIAL CARE & ADULT 25,000
    NORTH CANTON HERITAGE SOCIETY
    200 CHARLOTTE STREET SW
    NORTH CANTON,OH44720
    NONE PC PRESERVING HISTORY 4,000
    THE ABCD INC
    1225 GROSS AVENUE NE
    CANTON,OH44705
    NONE PC COMMUNITY SERVICES/REDUCE 5,000
    VOYAGER PROGRAM
    220 MARKET AVE S STE 200
    CANTON,OH44702
    NONE PC PROVIDE AFTER SCHOOL 15,000
    DENISON UNIVERSITY
    P O BOX 740
    GRANVILLE,OH43023
    NONE PC PROMOTE EDUCATION 500
    OHIO FOUNDATION OF INDEPENDENT
    250 E BROAD STREET
    COLUMBUS,OH43215
    NONE PC FUNDS FOR COLLEGES AND 65,000
    YMCA OF CENTRAL STARK COUNTY
    405 - 2ND STREET NW
    CANTON,OH44702
    NONE PC PROMOTE HEALTH, VALUES AND 67,000
    EARLY CHILDHOOD RESOURCE
    CENTER
    3114 CLEVELAND AVENUE NW
    CANTON,OH44709
    NONE PC ASSIST IN IMPROVING THE 35,000
    COLLEGE OF WOOSTER
    625 WEBER AVENUE
    WOOSTER,OH44691
    NONE PC PROMOTE EDUCATION 2,500
    WESTERN RESERVE HISTORICAL
    SOCIETY
    10825 EAST BOULEVARD
    CLEVELAND,OH44106
    NONE PC COMMUNITY SERVICES 5,000
    GIRL SCOUTS OF NORTH EAST OHIO
    1010 APPLEGROVE ST NW
    NORTH CANTON,OH44720
    NONE PC COMMUNITY SERVICE 12,000
    CANTON MUSEUM OF ART
    1001 MARKET AVE N
    CANTON,OH44702
    NONE PC SUPPORT ART, CULTURE AND 30,000
    MALONE UNIVERSITY
    515 - 25TH STREET NW
    CANTON,OH44709
    NONE PC - SCHOOL EDUCATION 24,500
    WALSH UNIVERSITY
    2020 E MAPLE STREET
    NORTH CANTON,OH44720
    NONE PC - SCHOOL EDUCATIONAL SCHOLARSHIPS 143,500
    HARTVILLE MIGRANT COUNCIL
    PO BOX 682
    HARTVILLE,OH44632
    NONE PC ASSIST MIGRANT WORKERS 10,000
    OHIO OUTDOOR HISTORICAL DRAMA
    ASSOC
    PO BOX 450
    NEW PHILADELPHIA,OH44663
    NONE PC PROVIDE THEATRICAL 5,000
    CANTON CHRISTIAN HOME
    2550 CLEVELAND AVE NW
    CANTON,OH44709
    NONE PC ASSIST LIVING AND NURSING 5,000
    NORTH CANTON PLAYHOUSE
    525 7TH STREET NE
    NORTH CANTON,OH44720
    NONE PC PROVIDE ENTERTAINMENT, 120,000
    JRC LEARNING CENTER
    AKA J R COLEMAN FAMILY SERVICES CORP
    1731 GRACE AVE NE
    CANTON,OH44705
    NONE PC SUPPORT OF PROGRAMS IN 155,000
    AKRON-CANTON REGIONAL
    FOODBANK
    350 OPPORTUNITY PARKWAY
    AKRON,OH44307
    NONE PC ASSIST WITH FEEDING PEOPLE 17,500
    STARK COUNTY HUNGER TASK FORCE
    408 9TH ST SW STE 1637
    CANTON,OH44707
    NONE PC SUPPLY FOOD TO PANTRIES IN 15,000
    NORTH COAST COMMUNITY
    HOMES
    14221 BROADWAY AVENUE
    CLEVELAND,OH441251953
    NONE PC COMMUNITY SERVICES 15,000
    STARK DEVELOPMENT BOARD
    116 CLEVELAND AVENUE NW
    CANTON,OH44702
    NONE PC SUPPORT STARK CO AREA NEW 40,000
    CAMP TUSCAZOAR FOUNDATION
    PO BOX 308
    MINERAL CITY,OH44656
    NONE PC SUPPORT OF PROGRAMS OF CAMP 10,000
    BLUECOATS DRUM & BUGLE CORPS
    PO BOX 2733
    NORTH CANTON,OH44720
    NONE PC FUNDS FOR YOUTH ACTIVITIES 6,600
    HABITAT FOR HUMANITY OF EAST
    CENTRAL OHIO
    1400 RAFF ROAD SW
    CANTON,OH44710
    NONE PC SUPPORT REHAB OF 50,000
    STARK EDUCATION PARTNERSHIP
    400 MARKET AVE N
    CANTON,OH44702
    NONE PC ASSIST STUDENTS IN HIGHER 60,000
    STARK SOCIAL WORKERS NETWORK
    1221 HARRISON RD NE
    CANTON,OH44705
    NONE PC COMMUNITY SERVICES 20,000
    WE ARE TROUBLED ON EVERY SIDE
    OUT REACH PROGRAM
    1225 GROSS AVE NE
    CANTON,OH44705
    NONE PC FUNDING COMMUNITY SERVICES 10,000
    A COMMUNITY CHRISTMAS
    P O BOX 20050
    CANTON,OH44701
    NONE PC FUNDING FOR CHRISTMAS GIFTS 5,000
    FRIENDS OF STARK PARKS
    5300 TYNER STREET NE
    CANTON,OH44708
    NONE PC PROMOTE PARK DISTRICT 75,000
    STUMP HILL FARM
    6633 KLICK ST
    MASSILLON,OH44646
    NONE PC ASSIST WITH REHABILITATION 50,600
    HEARTBEATS TO THE CITY
    1355 MARKET AVE
    CANTON,OH44707
    NONE PC MENTORING/TUTORING 15,000
    TEAM NEO FOUNDATION
    1111 SUPERIOR AVENUE
    CLEVELAND,OH44114
    NONE PC SUPPORT OF PROGRAMS FOR 10,000
    TURNING POINT OF STARK
    COUNTY
    1221 HARRISON RD NE
    CANTON,OH44705
    NONE PC FUNDS FOR ASSISTING WITH 20,000
    STARK COUNTY DISTRICT LIBRARY
    715 MARKET AVE N
    CANTN,OH44702
    NONE PC EDUCATION 5,000
    MASSILLON MUSEUM
    121 LINCOLN WAY
    MASSILON,OH44646
    NONE PC SUPPORT EDUCATIONAL 50,000
    CANTON SYMPHONY ORCHESTRA
    1001 MARKET AVENUE N
    CANTON,OH44702
    NONE PC SUPPORT OF SYMPHONY 50,000
    YOUNGSTOWN STATE UNIVERSITY FOUNDATION
    655 WICK AVENUE
    YOUNGSTOWN,OH44502
    NONE PC FUNDS FOR SCHOLARSHIPS AND 8,000
    ARTS IN STARK
    1001 MARKET AVENUE
    CANTON,OH44702
    NONE PC SUPPORT EDUCATION, NEW JOBS 205,000
    CULVER EDUCATIONAL
    FOUNDATION
    1300 ACADEMY RD
    CULVER,IN465111291
    NONE PC EDUCATION 8,500
    COMMUNITY BUILDING PARTNERSHIP
    400 MARKET AVE N
    CANTON,OH44702
    NONE PC COMMUNITY SERVICE 50,000
    CANTON CHALLENGER BASEBALL
    625 WEBER AVENUE NE
    NORTH CANTON,OH44720
    NONE PC FUNDING SPECIAL NEEDS 10,000
    WHISPERING GRACE HORSES
    12882 KIMMENS RD SW
    MASSILLON,OH44647
    NONE PC MINISTRY SUPPORT 25,000
    EN-RICH-MENT
    4110 MEADOWVIEW DR NW
    CANTON,OH44718
    NONE PC SUPPORT OF LOCAL SYMPHONY 25,000
    VANDERBILT UNIVERSITY
    2201 WEST END AVENUE
    NASHVILLE,TN37240
    NONE PC - SCHOOL EDUCATIONAL SCHOLARSHIPS 200
    Total .................................bullet 3a 2,827,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 1,140,495  
    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 4,335,960  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME
        14 2,603  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,488,822  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,488,822
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,200 600   600

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Statement:
    The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NY MELLON 2.2% 5-15-19 150,489 149,477
    BANK NOVA SCOTIA NY 2.8% 7-21- 152,226 147,387
    CISCO SYSTEMS 2.125% 3-1-19 100,610 99,839
    COLGATE PALMOLIVE 2.3% 5-3-22 100,350 97,371
    CRANE CO 2.75% 12/15/18    
    JDEERE CAP CORP 1.95% 12/13/18 196,756 196,920
    EMERSON ELEC CO 2.625% 12-1-21 175,525 171,133
    FFCB 3.375% 12-27-18 250,260 250,106
    FNMA 1.2% 4-17-19 100,000 99,528
    FNMA 1.35% 6-26-20 149,925 146,880
    GOLDMAN SACHS 2.55% 10-23-19 99,432 99,326
    HCP INC 2.625% 2-1-20 149,018 148,519
    HOME DEPOT 2.7% 4-1-23 92,837 97,835
    I SHARES TIPS BOND 604,900 657,300
    MANUF & TRADERS TR 2.25% 7-25- 249,520 248,694
    MERCK & CO 2.35% 2-10-22 149,342 145,478
    MICROSOFT 1-2008 27.51.85% 2-1 101,041 98,987
    MOTOROLA SOLUTIONS 3.5% 9-1-21 149,591 148,103
    PEPSICO INC 2.75% 3-1-23 99,952 97,223
    RALPH LAUREN CORP 2.125% 9-26-    
    ROYAL BK OF CANADA 2.15% 3-6-2 149,942 148,130
    STARBUCKS CORP 2% 12-5-18    
    TENNESSEE VALLEY AUTH 1.75% 10    
    WISCONSIN ELECTRIC PWR 2.95% 9 153,356 148,179
    XILINX 2.125% 3-15-19 251,270 249,329
    AT&T INC 3% 2/15/22 101,463 97,647
    ABBOTT LABS 2.55% 3/15/22 100,460 96,729
    AMGEN INC 3.875% 11/15/21 210,770 202,210
    ANHEUSER-BUSCH INEV WOR 2.5% 7 144,464 142,527
    APPLE INC 2.85% 5/6/21 252,078 248,368
    AUTOZONE INC 4% 11/15/20 212,502 201,816
    CVS HEALTH CORP 3.5% 7/20/22 205,492 197,245
    CAPITAL ONE NS 2.95% 7/23/21 300,965 293,288
    CATERPILLAR FINL SVCS 2.55 11/ 150,816 148,094
    CHEVRON CORP 2.427% 6/24/20 151,204 148,639
    COSTCO WHOLESALE CORP 1.75% 2/ 100,027 98,615
    DOMINION GAS HLDGS LLC 2.8% 11 150,362 147,602
    EXXON MOBIL CORP 1.819% 3/15/1 101,421 99,873
    FIFTH THIRD BANCORP 3.5% 3/15/ 154,115 148,929
    GENERAL ELEC CAP CORP 4.375% 9    
    GOLDMAN SACHS GRP 1.6386% 10/2 100,796 100,119
    INTEL CORP 3.3% 10/1/21 209,702 200,453
    ISHARES MBS ETF 492,098 467,145
    JPMORGAN CHASE 3.25% 9/23/22 202,376 197,515
    JOHNSON & JOHNSON 1.85% 12/5/1 200,008 198,228
    ELI LILLY & CO 1.95% 3/15/19 101,568 99,767
    LOWES COM INC 3.12% 4/15/22 154,416 148,295
    MARSH & MCLENNAN COS INC 2.35% 101,264 98,510
    MCDONALDS CORP 2.625% 1/15/22 101,662 97,334
    MORGAN STANLEY V/R 2.51446% 100,580 101,072
    ORACLE CORP 2.375% 1/15/19 102,220 99,953
    PHILIP MORRIS INTL 2.9% 11/15/ 102,702 97,980
    PRAXAIR INC 3% 9/1/21 155,633 148,859
    PROGRESS ENERGY INC 4.4% 1/15/ 159,257 151,928
    SHELL INTL FINANCE 2.25% 11/10 149,372 147,522
    TOYOTA MOTOR CREDIT 2.75% 5/1 253,408 246,598
    UNITED HEALTH GRP INC 2.875% 305,664 295,376
    VERIZON COMMUNICATIONS 3.5% 11 205,720 200,302
    WAL-MART STORES INC 1.95% 12/1    
    WELLS FARGO & CO 3.5% 3/8/22 207,844 197,798
    AT&T 2.45% 6-30-20 49,642 49,261
    AMAZON.COM 3.3% 12-5-21 101,606 100,469
    JP MORGAN CHASE & CO 2.55% 152,171 147,678
    FHLB 2.125% 6/10/22 103,269 97,819
    FHLMC 2% 6/19/23 101,690 96,572
    FHLMC 1/35% 4/28/20 150,000 147,125
    FNMA 1.375% 2/26/21 149,830 145,524
    INTERCONTINENTAL EXCHANGE 2.75 154,361 148,507
    ORACLE CORP 2.8% 157,305 148,076
    WELLS FARGO & CO 2.125% 152,840 149,529
    BB&T CORP SER MTN 101,409 99,110
    APPLE INC 2.4% 5/3/23 149,315 142,849
    FREDDIE MAC SERIES 2% 150,075 146,493
    FRANKLIN RESOURCES 2.8% 9/15/2 152,198 145,543
    INTEL CORP 2.7% 12/15/22 203,932 194,997
    IBM CORP 2.875% 11/9/22 153,788 144,407
    PRECISION CASTPARTS CORP 2.5% 150,687 144,589
    ROSS STORES INC 3.375% 154,601 146,403
    PUBLIC SERVICE CO OF COLO 2.25 97,385 95,385
    MORGAN STANLEY SERIES MTN 6.2% 198,524 193,608
    COSTCO WHOLESALE CORP 2.15% 150,576 146,602
    AFLAC INC 3.625% 11-15-24 99,424 98,625
    AMGEN INC 3.625% 5-15-22 151,181 150,345
    APPLIED MATERIALS INC 2.625% 148,803 148,583
    BANK OF AMERICA CORP 4% 101,686 99,931
    BIOGEN INC 3.625% 9-15-22 99,900 99,241
    CA UNC 3.6% 8/15/22 99,296 97,201
    CAPITAL ONE FINANCIAL 3.5& 97,855 97,138
    CATERPILLAR FINL SVCS CORP 149,100 148,781
    CELGENE CORP 2.75% 97,893 95,114
    CITIBANK NA 1.85% 148,326 148,660
    COMERICA INC 3.7% 100,586 98,921
    DISCOVER BANK 3.35% 148,733 144,611
    EBAY INC 3.8% 3-9-22 152,550 150,164
    ELECTRONIC ARTS INC 3.7% 152,198 150,363
    ENTERPRISE PRODUCTS OPER 3.35% 149,663 147,118
    KEYCORP SERIES MTN 2.9% 149,217 148,485
    MICROSOFT CORP 1.85% 150,288 148,481
    MORGAN STANLEY 3.7% 149,600 145,801
    TEXTRON INC 3.65% 3-1-21 150,968 150,173
    CITIGROUP INC 2.7% 3-30-21 200,172 195,679
    VISA INC 2.8% 12-14-22 201,730 195,597

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC    
    ABBOT LABORATORIES 60,618 177,300
    ABBVIE INC 65,735 219,025
    ADOBE SYSTEMS INC 17,820 366,135
    ALPHABET INC CL C 132,913 311,865
    AMERICAN CENTURY HERITAGE    
    APPLE INC 178,262 712,320
    ARTISAN INTL VALUE FD INVEST C 500,000 463,603
    BAXTER INTL INC 67,118 163,700
    BECTON DICKINSON 115,649 354,645
    BERKSHIRE HATHAWAY INC CL B 224,138 304,890
    BLACKROCK INC 113,877 137,641
    CVS HEALTH CORP 23,004 36,670
    CATERPILLAR INC 11,179 246,780
    CHUBB CORP W/1 RT/SH 139,325 162,800
    CHURCH & DWIGHT    
    CISCO SYSTEMS 273,153 609,180
    COCOA COLA CO 33,474 49,240
    COGNIZANT TECH SOLUTIONS 120,086 134,180
    COLGATE PALMOLIVE    
    COMCAST CORP CL A    
    COSTCO WHOLESALE CORP 102,320 222,660
    DFA EMERG MKTS CORE EQTY PORT 300,000 270,326
    DFA US SM CAP VALUE PORT    
    DEERE & CO 68,720 330,818
    WALT DISNEY CO 107,128 447,440
    DOMINION RESOURCES INC    
    DUKE ENERGY CORP 47,110 90,510
    EATON VANCE ATLANTA 500,000 665,110
    EXXON MOBIL CORP 103,138 336,776
    FACEBOOK INC A 122,289 177,313
    FEDEX CORP 64,155 337,628
    GILEAD SCIENCES INC    
    GOLDMAN SACHS    
    HALLIBURTON CO    
    INTEL CORP 85,976 519,310
    INTERNATIONAL PAPER CO    
    ISHARES MSCI EMERGING MKTS ETF 261,150 244,652
    ISHARES MSCI EAFE ETF 1,622,316 1,615,504
    ISHARES RUSSELL MID-CAP ETF 578,302 692,020
    ISHARES RUSSELL 2000 ETF 472,267 646,200
    ISHARES CORE S&P SMALL CAP 558,726 813,890
    JP MORGAN CHASE & CO 287,226 532,140
    JOHNSON & JOHNSON 106,314 290,520
    MERCK & CO INC 101,245 270,970
    MICROSOFT CORP 345,747 1,129,695
    MONSANTO    
    NIKE INC CL B 65,689 290,040
    NUCOR CORP 40,300 56,980
    OCCIDENTAL PETROLEUM CORP    
    ORACLE CORP 34,230 140,010
    PNC FINANCIAL SERVICES 31,790 62,130
    PEPSICO INC 169,524 441,522
    PHILIP MORRIS INTL INC    
    PRAXAIR INC    
    PROCTER & GAMBLE CO    
    PRUDENTIAL FINANCIAL INC    
    T ROWE PRICE MIDCAP VALUE FD 310,404 616,284
    SCHLUMBERGER LTD 29,430 167,880
    SOUTHERN CO 27,231 59,025
    STARBUCKS CORP 18,280 130,980
    TJX COMPANIES INC 7,751 46,210
    TARGET CORP 25,346 34,160
    TEXAS INSTRUMENTS INC 157,172 469,000
    THERMO FISHER SCIENTIFIC INC 101,927 414,890
    3M COMPANY 70,091 396,640
    TRAVELERS COS INC 51,617 123,000
    UNITED TECHNOLOGIES CORP 86,513 298,525
    VF CORP 14,128 76,330
    VALERO ENERGY CORP 42,812 146,760
    VANGUARD SMCAP VAL INDX ADMIRA 700,000 841,720
    VERIZON COMMUNICATIONS 228,091 437,025
    VISA INC CL A SHARES 144,889 275,760
    WALGREENS BOOTS ALLIANCE    
    WELLS FARGO & CO    
    ACCENTURE PLC CLA 49,199 157,720
    MEDTRONIC PLC    
    ALLSTATE CORP 11,508 83,280
    ALPHABET INC CL A 96,415 157,977
    AMAZON .COM 191,933 1,066,670
    AMERICAN WATER WORKS 43,208 116,952
    AMGEN INC 58,860 194,090
    BANK OF NY MELLON 90,158 142,680
    BOEING CO 11,739 326,350
    BRISTOL-MYERS SQUIBB CO 25,475 131,450
    CHEVRON CORP 37,296 344,820
    CINCINNATI FINL CORP    
    DODGE & COX INTL STOCK FD 450,000 392,167
    FRANKLIN RES INC    
    HOME DEPOT INC 140,800 686,760
    IBM CORP    
    ISHARES NASDAQ BIOTECH 72,698 280,314
    ISHARES INTERMED CREDIT BD 602,062 574,090
    MCDONALDS CORP 54,150 553,950
    MONDELEZ INTL INC    
    NEXTERA ENERGY INC 138,069 319,568
    NORTHROP GRUMMAN CORP 192,517 405,345
    PFIZER INC 24,194 444,000
    SHERWIN WILLIAMS CO 6,747 393,460
    TIMKEN CO 54,993 171,580
    UNION PACIFIC CORP 25,421 266,472
    EATON CORP PLC 180,793 249,655
    VANGUARD SMCAP GROW INDX 439,997 1,116,256
    CROWN CASTLE INTL DORP 97,225 116,100
    AMERICAN FDS NEW WORLD #2 350,000 373,073
    QUALCOMM INC    
    SVB FINANCIAL GRP 89,728 204,200
    BANK OF AMERICA CORP 262,506 247,600
    CONOCOPHILLIPS 56,175 65,200
    CONSTELLATION BRANDS 122,454 112,380
    DOWDUPONT INC 84,812 107,600
    EDWARDS LIFE SCIENCES CORP 103,432 161,920
    EOG RESOURCES INC 107,253 101,710
    FISERV INC 137,842 152,280
    HONEYWELL INTL INC 70,668 68,975
    LOCKHEED MARTIN CORP 109,389 104,440
    MARRIOTT INTL INC NEW    
    MCCORMICK & CO INC COM NON VTG 75,113 113,438
    OPPENHEIMER DEVELOPING MKTS 425,000 353,826
    PRICELINE GROUP INC    
    ROSS STORES INC 65,539 80,010
    ANTHEM INC 112,355 138,330
    AUTOMATIC DATA PROCESSING 92,687 104,798
    CAPITAL ONE FINANCIAL 97,570 82,450
    O'REILLY AUTOMOTIVE INC 40,449 50,709
    STRYKER CORP 119,407 128,415
    COMERICA INC 189,495 144,360
    CULLEN/FROST BANKERS INC 160,295 130,578
    INTUIT INC 120,603 124,074
    MASTERCARD INC CL A 231,021 237,672
    SQUARE INC 71,587 76,056
    ZOETIS INC 1 RT PER SH 117,864 124,488
    AMERICAN EXPRESS 106,130 105,790
    CONSOLIDATED EDISON INC 39,451 41,455
    ECOLAB INC W 1 RT PER SH 36,790 38,650
    HP INC 49,240 45,860
    M&T BANK CORP 41,173 38,838
    NETFLIX INC 76,203 67,425
    PROLOGIS INC 65,836 65,940
    UNITED HEALTH GROUP 104,707 106,612
    DOLLAR TREE INC 90,276 83,820
    DANAHER CORP 148,974 152,580
    ISHARES CORE S&P MID-CAP 956,580 1,237,740
    INTUITIVE SURGICAL INC 186,306 199,244
    WAL-MART STORES INC 51,484 46,970

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    US Government Securities - End of Year Book Value:

    2,200,120
    US Government Securities - End of Year Fair Market Value:

    2,181,017
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STARK BOARD OF TRADE LLC AT COST 500,000 256,000

    TY 2018 OtherDecreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    2018 INCOME POSTED IN 2019 2,455
    NET LOSS ON PARTNERSHIP K-1 4,801


    TY 2018 OtherExpensesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE ATTORNEY GENERAL FILING 200 100   100
    OTHER NON-ALLOCABLE EXPENSE - 3,551 1,776   1,776


    TY 2018 OtherIncomeSchedule2
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER REVENUE 9,764 0  
    OTHER INCOME 2,603 2,603  


    TY 2018 OtherIncreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    2017 INCOME POSTED IN 2018 2,694
    CORPORATE ACTION 93,200


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMNT MNGMNT FEES (NON-DED 85,855 85,855    


    TY 2018 TaxesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 11,294 0   0
    FEDERAL ESTIMATES - PRINCIPAL 54,400 0   0
    FOREIGN TAXES ON QUALIFIED FOR 7,955 7,955   0
    FOREIGN TAXES ON NONQUALIFIED 271 271   0