Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE ROBERT E FRAZIER TRI-CITY AREA
CHARITABLE FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)333 WEST VINE STREET NO 1500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEXINGTON, KY40507
A Employer identification number

45-3278636
B Telephone number (see instructions)

(859) 255-8581
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$6,904,550J 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 4,704 4,704  
4 Dividends and interest from securities... 159,610 142,424  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 143,714
b Gross sales price for all assets on line 6a 2,199,624
7 Capital gain net income (from Part IV, line 2)... 143,714
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 308,028 290,842  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 24,000 2,250   21,750
14 Other employee salaries and wages...... 14,400 0   14,400
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 23,386 3,388   19,998
c Other professional fees (attach schedule).... Click to see attachment 26,974 25,674   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,342 393   1,102
19 Depreciation (attach schedule) and depletion... Click to see attachment 62 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 528 76   452
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,456 47   6,409
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 101,148 31,828   64,111
25 Contributions, gifts, grants paid....... 309,568 309,568
26 Total expenses and disbursements. Add lines 24 and 25 410,716 31,828   373,679
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -102,688
b Net investment income (if negative, enter -0-) 259,014
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 39,974 36,798 36,798
2 Savings and temporary cash investments......... 165,019 418,816 418,816
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,284,936 Click to see attachment779,141 770,653
b Investments—corporate stock (attach schedule)....... 1,417,038 Click to see attachment1,374,662 1,435,072
c Investments—corporate bonds (attach schedule)....... 1,537,623 Click to see attachment1,658,568 1,647,142
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,684,383 Click to see attachment2,729,707 2,566,582
14 Land, buildings, and equipment: basis bullet3,391
Less: accumulated depreciation (attach schedule) bullet3,331 122 Click to see attachment60 60
15 Other assets (describe bullet) Click to see attachment708 Click to see attachment29,427 Click to see attachment29,427
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,129,803 7,027,179 6,904,550
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) Click to see attachment87 Click to see attachment151
23 Total liabilities (add lines 17 through 22)......... 87 151
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........ 7,129,716 7,027,028
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 7,129,716 7,027,028
31 Total liabilities and net assets/fund balances (see instructions). 7,129,803 7,027,179
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
7,129,716
2
Enter amount from Part I, line 27a .....................
2
-102,688
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,027,028
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,027,028
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 2,145,248   2,055,910 89,338
b 54,376     54,376
c
d
e
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       89,338
b       54,376
c
d
e
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 2 143,714
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 358,364 7,442,480 0.048151
2016 364,437 7,108,122 0.051271
2015 384,061 7,578,641 0.050677
2014 360,753 7,794,045 0.046286
2013 339,837 7,018,873 0.048418
2
Total of line 1, column (d) .....................
2
0.244803
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
0.048961
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,421,159
5
Multiply line 4 by line 3......................
5
363,347
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,590
7
Add lines 5 and 6........................
7
365,937
8
Enter qualifying distributions from Part XII, line 4,.............
8
373,679
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 2,590
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 2,590
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 2,590
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,400
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,400
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 9 190
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletKY
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbulletWWW.ROBERTEFRAZIERFOUNDATION.ORG
    14
    The books are in care ofbulletGREENE & GREENE CPAS Telephone no.bullet (606) 248-3456

    Located atbullet2201 1/2 CUMBERLAND AVENUEMIDDLESBOROKY ZIP+4bullet409652832
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    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
    CHARLES D COLEClick to see attachment PRESIDENT/DIRECTOR
    2.00     		9,000 0 3,000
    1010 FINCASTLE ROAD
    LEXINGTON,KY40502
    ALMA CORNETT SECRETARY/DIRECTOR
    0.00     		0 0 3,000
    604 SPRING STREET
    CUMBERLAND,KY40823
    CHRISTOPHER B HOGUE DIRECTOR
    0.00     		0 0 3,000
    105 BILLIPS AVENUE
    CUMBERLAND,KY40823
    VERA ISON TREASURER/DIRECTOR
    0.00     		0 0 3,000
    5680 KENTUCKY HIGHWAY 699
    SLEMP,KY41763
    ROGER M ROPER DIRECTOR
    0.00     		0 0 3,000
    1953 WESTMEATH PLACE
    LEXINGTON,KY40503
    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.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,204,873
    b
    Average of monthly cash balances.......................
    1b
    329,299
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,534,172
    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
    7,534,172
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    113,013
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,421,159
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    371,058
    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
    371,058
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,590
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,590
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    368,468
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    368,468
    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
    368,468
    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
    373,679
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    373,679
    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
    2,590
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    371,089
    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 7 368,468
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 329,311
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 373,679
    a Applied to 2017, but not more than line 2a 329,311
    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..... 44,368
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		324,100
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    BOBBIE GOTHARD
    506 WEST MAIN STREET
    CUMBERLAND,KY40823
    (606) 589-5151
    TCMAINSTREET@WINDSTREAM.NET
    bThe form in which applications should be submitted and information and materials they should include:
    REQUEST FOR GRANTS MUST BE SUBMITTED PURSUANT TO THE FOUNDATION'S GRANT APPLICATION PROCESS. TO FACILITATE THE PROCESS THE FOUNDATION HAS PRODUCED DOCUMENTS TITLED "GRANT GUIDELINES," "GRANT APPLICATION INSTRUCTIONS, AND "BUDGET INFORMATION FORM." THESE DOCUMENTS ARE AVAILABLE AT THE ADDRESS FOR SUBMITTING GRANT APPLICATIONS IDENTIFIED AT ITEM 2A ABOVE. EACH GRANT APPLICATION REQUIRES SPECIFIC INFORMATION REGARDING THE POTENTIAL DONEE ORGANIZATION TO INCLUDE DOCUMENTATION OF RECOGNIZED PUBLIC CHARITY STATUS, CURRENT FINANCIAL INFORMATION, THE ORGANIZATION'S MISSION, AND MATERIAL SERVICES PROVIDED. IN ADDITION, A DETAILED DESCRIPTION OF THE PROPOSED PROJECT IS REQUIRED ALONG WITH APPLICABLE BUDGET INFORMATION RELATING TO THE PROJECT.
    cAny submission deadlines:
    BY APRIL 30 AND OCTOBER 31 TO BE CONSIDERED IN SEMI-ANNUAL MEETINGS IN MAY AND NOVEMBER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AWARDED TO ORGANIZATIONS FOR PURPOSES DESCRIBED IN CODE SECTION 501(C)(3) AND FOR WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER CODE SECTIONS 170(C), 2055(A), AND 2522(A), BUT ARE LIMITED TO CONTRIBUTIONS THAT PRIMARILY BENEFIT THE CITY AND CITIZENRY OF CUMBERLAND, KENTUCKY, AND THE TRI-CITY AREA OF CUMBERLAND, BENHAM, AND LYNCH, KENTUCKY. GRANT RECIPIENTS ARE SELECTED BASED ON MERIT WITH PREFERENCE GIVEN TO GRANTS WHICH ARE SUBJECT TO MATCHING AWARDS. HOWEVER, GRANTS WILL NOT BE MADE TO OR FOR INDIVIDUALS; RELIGIOUS ORGANIZATIONS FOR RELIGIOUS PURPOSES; INTERNATIONAL ORGANIZATIONS WITHOUT A QUALIFIED DOMESTIC 501(C)(3) REPRESENTATIVE; PRIVATE FOUNDATIONS (OTHER THAN OPERATING FOUNDATIONS); ENDOWMENTS OR OTHER DISCRETIONARY FUNDING POOLS; DINNERS, BALLS, OR OTHER TICKETED EVENTS; POLITICAL PURPOSES; LOBBYING ACTIVITIES; AND PURPOSES OUTSIDE THE FOUNDATION'S SPECIFIED FUNDING PRIORITIES.
    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
    CITY OF BENHAM KENTUCKY (#1)
    230 MAIN STREET
    BENHAM,KY40807     		N/A GOV FUND IMPROVEMENTS TO MUNICIPAL TRI-CITY LITTLE LEAGUE FIELDS CONSISTING OF BATTING CAGE WITH WARM-UP AREA AND HANDICAPPED SEATING. 20,500
    CITY OF BENHAM KENTUCKY (#2)
    230 MAIN STREET
    BENHAM,KY40807     		N/A GOV FUND RESURFACING AND PAINTING OF MUNICIPAL TENNIS COURTS. 15,000
    CITY OF BENHAM KENTUCKY (#3)
    230 MAIN STREET
    BENHAM,KY40807     		N/A GOV FUND DEMOLITION AND REMOVAL OF DILAPIDATED BUILDINGS IN EFFORT TO RECLAIM ECONOMICALLY BLIGHTED AREA. 20,000
    CITY OF CUMBERLAND TOURIST AND CONVENTION COMMISSION
    506 WEST MAIN STREET
    CUMBERLAND,KY40823     		N/A GOV FUND DECORATIVE LIGHTING FOR HOLIDAY SEASON. 10,000
    CITY OF CUMBERLAND KENTUCKY (#1)
    402 WEST MAIN STREET
    CUMBERLAND,KY40823     		N/A GOV FUND RESTORATIONS TO CITY HALL BUILDING. 22,445
    CITY OF CUMBERLAND KENTUCKY (#2)
    402 WEST MAIN STREET
    CUMBERLAND,KY40823     		N/A GOV FUND SEWER PLANT PUMPING EQUIPMENT UPGRADE. 25,000
    CITY OF LYNCH KENTUCKY (#1)
    6 EAST MAIN STREET
    LYNCH,KY40855     		N/A GOV FUND TELEMETRY SYSTEM FOR MUNICIPAL WATER STORAGE TANK. 9,800
    CITY OF LYNCH KENTUCKY (#2)
    6 EAST MAIN STREET
    LYNCH,KY40855     		N/A GOV FUND CONSTRUCTION OF BATH HOUSE AT PUBLIC CAMPGROUND SUPPORTING HORSE TRAIL. 12,000
    CITY OF LYNCH KENTUCKY (#3)
    6 EAST MAIN STREET
    LYNCH,KY40855     		N/A GOV FUND DEMOLITION AND REMOVAL OF DILAPIDATED BUILDINGS IN EFFORT TO RECLAIM ECONOMICALLY BLIGHTED AREA. 20,000
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#1)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND EQUIPMENT, UNIFORMS, SUPPLIES, AND TRAVEL SUPPORT FOR VOLLEYBALL TEAM COMPRISED OF STUDENTS IN GRADES 4-8. 15,000
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#2)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND PROFESSIONAL DEVELOPMENT TRAINING FOR THREE PERSON MATH TEAM OPERATING UNDER KENTUCKY DEPARTMENT OF EDUCATION MATH ACHIEVEMENT PROGRAM. 9,963
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#3)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND AMERICORPS VOLUNTEER INSTRUCTIONAL ASSISTANTS FOR GRADES 2-6 MATHEMATICS INTERVENTION AND GRADES K-3 LITERACY INTERVENTION FOR THE 2018-2019 SCHOOL YEAR AND THE 2019 SUMMER SESSION. 11,675
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#4)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND EQUIPMENT AND SUPPLIES FOR INTRAMURAL BASKETBALL LEAGUE COMPRISED OF STUDENTS IN GRADES K-3. 1,389
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#5)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND SUPPLIES AND TEACHING AIDS FOR KINDERGARTEN CLASSROOM. 966
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#6)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND PURCHASE OF FOOD ITEMS FOR WEEKEND "BACKPACK" PROGRAM. 10,000
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#7)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV PARTIAL FUNDING FOR JUNE 2019 SUMMER CAMP EDUCATIONAL PROGRAM OPERATED BY SCHOOL'S FAMILY RESOURCE YOUTH SERVICE CENTER. 5,000
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#8)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND CHROME BOOKS AND CHARGING STATIONS FOR STUDENTS IN GRADES 5 AND 6. 5,000
    CUMBERLAND ELEMENTARY SCHOOL HARLAN COUNTY BOARD OF EDUCATION (#9)
    322 GOLF COURSE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND "JUNGLE JUNIOR TYPING CLUB" PROGRAM FOR STUDENTS IN GRADES K-2. 611
    HARLAN COUNTY KENTUCKY BOARD OF EDUCATION
    251 BALL PARK ROAD
    HARLAN,KY40831     		N/A GOV FUND GRANTEE-AWARDED POST-SECONDARY SCHOLARSHIPS TO "TRI-CITY AREA" STUDENTS THROUGH COOPERATION WITH THE HARLAN COUNTY COMMUNITY SCHOLARSHIP FUND. 20,000
    HARLAN COUNTY KENTUCKY FISCAL COURT (#1)
    210 EAST CENTRAL STREET
    HARLAN,KY40831     		N/A GOV FUND RESTORATIONS AND IMPROVEMENTS TO WALKWAYS AND LANDSCAPING IN AREA OF PORTAL 31 MINE EXHIBIT. 15,000
    HARLAN COUNTY KENTUCKY FISCAL COURT (#2)
    210 EAST CENTRAL STREET
    HARLAN,KY40831     		N/A GOV FUND TRACTOR PURCHASE FOR MUNICIPAL TRI-CITY SLEEPY HOLLOW GOLF COURSE. 6,000
    HARLAN COUNTY KENTUCKY FISCAL COURT (#3)
    210 EAST CENTRAL STREET
    HARLAN,KY40831     		N/A GOV FUND IMPROVEMENTS TO RESTROOMS AT MUNICIPAL TRI-CITY SLEEPY HOLLOW GOLF COURSE. 1,400
    HERITAGE MINISTRIES INC (#1)
    PO BOX 821
    LYNCH,KY40855     		N/A PC FUND WOODWORKING SHOP EQUIPMENT FOR OCCUPATIONAL TRAINING PURPOSES. 7,550
    HERITAGE MINISTRIES INC (#2)
    PO BOX 821
    LYNCH,KY40855     		N/A PC PARTIAL FUNDING FOR COMMUNITY "EMPTY STOCKING" PROGRAM TO AID ECONOMICALLY DISADVANTAGED PERSONS. 5,000
    SOUTHEAST KENTUCKY COMMUNITY & TECHNICAL COLLEGE
    700 COLLEGE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUND FURNITURE AND EQUIPMENT FOR "LEARNING COMMONS" AREA. 19,189
    SOUTHEAST KENTUCKY COMMUNITY & TECHNICAL COLLEGE
    700 COLLEGE ROAD
    CUMBERLAND,KY40823     		N/A GOV FUNDING SUPPORT FOR STEM DYNAMICS INSTITUTE FOR "TRI-CITY AREA" SOUTHEAST SCHOLARS STUDENTS FROM GRADES 7-12. 21,080
    Total .................................bullet 3a 309,568
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        4,704
    4 Dividends and interest from securities....         159,610
    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 ............     		        143,714
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 308,028
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    308,028
    (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.)
    3 INCOME EARNED TO SUPPORT CHARITABLE CONTRIBUTIONS OR GRANTS
    4 INCOME EARNED TO SUPPORT CHARITABLE CONTRIBUTIONS OR GRANTS
    8 INCOME EARNED TO SUPPORT CHARITABLE CONTRIBUTIONS OR GRANTS
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX RETURN PREPARATION 23,386 3,388   19,998

    TY 2018 CompensationExplanation
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Person Name Explanation
    DIRECTORS AND OFFICERS THE DIRECTORS AND OFFICERS SERVE ON A VOLUNTARY BASIS. HOWEVER, FOR 2018 A STIPEND OF $750 WAS PAID TO EACH DIRECTOR (OFFICERS OF THE CORPORATION ARE ALSO DIRECTORS) FOR ATTENDANCE AT EACH PERIODIC MEETING TO COVER TRAVEL AND INCIDENTAL EXPENSES RELATING TO THEIR DUTIES AND RESPONSIBILITIES. IN ADDITION, COMPENSATION FOR THE PRESIDENT, EXCLUSIVE OF THE PER-MEETING FEES, AMOUNTED TO $9,000 FOR 2018.

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

    TY 2018 DepreciationSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    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
    COMPUTER 2012-10-01 2,959 2,959 SL 5.000000000000 0 0    
    COMPUTER DESK 2012-12-27 432 310 SL 7.000000000000 62 0    

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Statement:
    PURSUANT TO KENTUCKY REVISED STATUTE 367.657, ONLY ORGANIZATIONS SOLICITING CONTRIBUTIONS ARE REQUIRED TO FILE FORM 990 (FORM 990-PF) WITH THE SECRETARY OF STATE. THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE TRUST FOUNDATION HAS NOT SOLICITED CONTRIBUTIONS IN KENTUCKY OR IN OTHER STATES.

    TY 2018 GeneralExplanationAttachment
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Identifier Return Reference Explanation
    DISREGARDED SINGLE-MEMBER LLC FORM 990-PF, PART VII-A, LINE 11 THIS FORM 990-PF FOR THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION, INC. INCLUDES THE TRANSACTIONS FOR ITS CONTROLLED SINGLE-MEMBER LIMITED LIABILITY COMPANY, THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE GRANT FOUNDATION, LLC (46-4387129), 333 WEST VINE STREET, SUITE 1500, LEXINGTON, KY 40507. THE LIMITED LIABILITY COMPANY WAS ORGANIZED TO HANDLE DAILY OPERATIONS, GRANT-MAKING PROCESSES, AND RELATED ADMINISTRATION, AND THEREBY SEPARATE THESE FUNCTIONS FROM THE INVESTMENT ACTIVITIES PERFORMED BY ITS SOLE MEMBER, THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION, INC. ALTHOUGH A SEPARATE ENTITY FROM ITS SOLE MEMBER, THE LIMITED LIABILITY COMPANY IS A DISREGARDED ENTITY PURSUANT TO THE PROVISIONS OF TREASURY REGULATION PARAGRAPHS 301.7701-2(C)(2)(I) AND 301.7701-3(B)(1)(II) UNDER THE INTERNAL REVENUE CODE OF 1986. ACCORDINGLY, THE SINGLE-MEMBER LIMITED LIABILITY COMPANY IS NOT AN EXCESS BUSINESS HOLDING. FURTHER, TRANSFERS TO OR FROM THIS DISREGARDED ENTITY ARE NOT REPORTABLE.
    ELECTION TO AMORTIZE BOND PREMIUMS FORM 990-PF, PART I, LINE 4 THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION, INC., AS SUCCESSOR TO THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE TRUST FOUNDATION IN A COMPLETE TRANSFER OF ASSETS EFFECTED IN CALENDAR YEAR 2014 PURSUANT TO INTERNAL REVENUE CODE SECTION 507(B)(2), RELATED TREASURY REGULATIONS 1.507-3(C)(1) AND 1.507-4(B), AND REVENUE RULING 2002-28, CONTINUES TO AMORTIZE BOND PREMIUMS PURSUANT TO ELECTION UNDER INTERNAL REVENUE CODE SECTION 171(C) AND RELATED TREASURY REGULATION 1.171-4(A) INITIALLY MADE FOR THE 2013 CALENDAR YEAR BY THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE TRUST FOUNDATION.
    ELECTION TO ACCRUE BOND MARKET DISCOUNT FORM 990-PF, PART I, LINE 4 PURSUANT TO INTERNAL REVENUE CODE SECTION 1278(B) AND THE AUTOMATIC CONSENT PROCEDURE OUTLINED IN REVENUE PROCEDURE 92-67, THE ROBERT E. FRAZIER TRI-CITY AREA CHARITABLE FOUNDATION, INC. ELECTED, EFFECTIVE FOR THE 2017 CALENDAR YEAR, TO INCLUDE ACCRUED MARKET DISCOUNT IN GROSS INCOME USING THE CONSTANT INTEREST RATE METHOD. ACCORDINGLY, THIS ELECTION APPLIES TO ALL MARKET DISCOUNT BONDS, REGARDLESS OF ISSUE DATE, ACQUIRED ON OR AFTER THE FIRST DAY OF THE 2017 TAX YEAR.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NEW YORK MELLON CORP 2.6% DTD 2/7/17 97,281 98,230
    COCA-COLA CO 2.5% DTD 3/5/13 146,243 146,400
    INTEL CORP 3.3% DTD 9/19/11 153,207 151,589
    NATIONAL RURAL UTILITIES COOP 2.3% DTD 8/30/17 95,154 96,926
    ORACLE CORP 2.375% DTD 7/16/13 125,245 124,970
    PACCAR FINANCIAL CORP 2.3% DTD 8/10/17 100,451 96,660
    PEPSICO INC 1.35% DTD 10/6/16 149,324 148,208
    SHELL INTERNATIONAL FINANCE 1.75% DTD 9/12/16 148,555 144,946
    SIMON PROPERTY 2.625% DTD 6/1/17 48,548 48,635
    TOYOTA MOTOR CREDIT CORP 2.25% DTD 10/18/16 141,913 142,026
    UNITED PARCEL SERVICE 2.45% DTD 9/27/12 97,073 97,904
    US BANCORP 4.125% DTD 5/24/11 104,912 102,306
    VISA INC 2.2% DTD 12/14/15 150,657 148,371
    WELLS FARGO & CO 2.15% DTD 10/28/13 100,005 99,971

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,500 SHARES BANCO BILBAO VIZCAY SP ADR 10,454 7,935
    1,775 SHARES MITSUBISHI UJF FINANCIAL GROUP INC 11,659 8,644
    100 SHARES AMERPRISE FINANCIAL INC 13,263 10,437
    100 SHARES ANSYS INC 12,617 14,294
    100 SHARES CULLEN/FROST BANKERS INC 9,587 8,794
    100 SHARES PPG INDUSTRIES INC 10,097 10,223
    100 SHARES RED HAT INC 8,225 17,564
    106 SHARES AMGEN INC 19,577 20,635
    114 SHARES INTUIT INC 15,424 22,441
    125 SHARES BOK FINANCIAL CORP 10,494 9,166
    125 SHARES HOME DEPOT INC 18,337 21,478
    126 SHARES APTIV PLC 8,212 7,758
    140 SHARES BRISTOL-MYERS SQUIBB CO COMMON 9,707 7,277
    144 SHARES VERISK ANALYTICS INC 13,012 15,702
    150 SHARES JPMORGAN CHASE & CO 13,461 14,643
    175 SHARES ADOBE SYSTEM INC 21,111 39,592
    175 SHARES PHILLIPS 66 13,668 15,076
    177 SHARES HCA HOLDINGS INC 12,410 22,028
    18 SHARES ALPHABET INC CLASS C 12,535 18,641
    180 SHARES NOVARTIS A G ADR 13,922 15,446
    185 SHARES NXP SEMICONDUCTORS N V 14,575 13,557
    187 SHARES ECOLAB INC 24,182 27,554
    19 SHARES ALASKA AIR GROUP 1,155 1,156
    200 SHARES ABBVIE INC 12,692 18,438
    200 SHARES MEDTRONIC PLC 16,305 18,192
    200 SHARES MICROCHIP TECHNOLOGY INC 14,890 14,384
    200 SHARES OSHKOSH TRUCK CLASS B 14,107 12,262
    215 SHARES NATIONAL FUEL GAS CO 12,734 11,004
    220 SHARES RYMAN HOSPITALITY PROPERTIES INC 13,939 14,672
    228 SHARES WALGREENS BOOTS ALLIANCE INC 19,614 15,579
    232 SHARES PAYPAL HOLDINGS INC 13,290 19,509
    248 SHARES GILEAD SCIENCES INC 24,571 15,512
    275 SHARES MONDELEZ INTL INC 12,626 11,008
    295 SHARES MICROSOFT CORP 14,348 29,963
    300 SHARES UNILEVER N V 16,701 16,140
    304 SHARES AKAMAI TECHNOLOGIES COMMON 18,700 18,568
    312 SHARES CERNER CORP 19,159 16,361
    325 SHARES ACADIA HEALTHCARE CO INC 15,030 8,356
    325 SHARES LIVE NATION 11,339 16,006
    351 SHARES COMCAST CORP 10,462 11,952
    354 SHARES EAST WEST BANCORP INC 24,449 15,410
    365 SHARES ACTIVISION BLIZZARD INC COMMON 24,200 16,998
    374 SHARES CISCO SYSTEMS INC 13,746 16,205
    390 SHARES CBRE GROUP INC COMMON 15,640 15,616
    399 SHARES THE COCA-COLA CO 18,206 18,893
    42 SHARES DELPHI TECHNOLOGIES PLC 1,670 601
    425 SHARES DANAHER CORP 39,381 43,826
    50 SHARES PIONEER NATIONAL RESOURCE 9,755 6,576
    509 SHARES CAPITAL ONE FINANCIAL CORP 46,157 38,475
    525 SHARES THE KROGER COMPANY 11,765 14,437
    538 SHARES SONY CORP 24,982 25,975
    588 SHARES NORWEGIAN CRUISE LINE HLDGS INC 29,441 24,925
    599 SHARES CBS CORP CLASS B 31,340 26,188
    627 SHARES HOLOGIC INC 24,353 25,770
    643 SHARES JOHNSON CONTROLS INTL PLC 24,363 19,065
    695 SHARES LENNAR CORP 32,064 27,209
    7,430 SHARES BB&T CORP 274,575 321,868
    75 SHARES CHUBB LTD 10,312 9,689
    75 SHARES GENERAL DYNAMICS 14,389 11,791
    75 SHARES MARTIN MARIETTA MATERIALS 15,951 12,890
    768 SHARES HALLIBURTON COMPANY 32,892 20,413
    80 SHARES CHECKPOINT SOFTWARE TECHNOLOGY 6,785 8,212
    84 SHARES SUN COMMUNITIES INC 9,043 8,544
    865 SHARES DISCOVERY INC C COMMON 22,925 19,964
    89 SHARES EQUITY LIFESTYLES PROPERTIES 9,046 8,644
    89 SHARES UNITEDHEALTH GROUP INC 10,581 22,172
    893 SHARES BANK OF AMERICA CORP 22,645 22,004
    99 SHARES PARKER HANNIFIN CORP 15,815 14,765

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    US Government Securities - End of Year Book Value:

    400,469
    US Government Securities - End of Year Fair Market Value:

    397,558
    State & Local Government Securities - End of Year Book Value:


    378,672
    State & Local Government Securities - End of Year Fair Market Value:


    373,095


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,026.251 SHARES METROPOLITAN WEST TOTAL RETURN BOND FUND PLAN AT COST 10,528 10,037
    1,277.190 SHARES DOUBLELINE TOTAL RETURN BOND FD AT COST 13,996 13,308
    1,629 ISHARES RUSSELL MIDCAP GROWTH FUND AT COST 178,409 185,234
    1,975 SHARES VANGUARD REIT VIPERS AT COST 149,625 147,276
    2,098.272 SHARES CARILLON EAGLE SMALL CAP GROWTH FD #131 AT COST 120,040 94,128
    2,144.449 SHARES STERLING CAPITAL TOTAL RETURN BOND FD AT COST 22,753 21,917
    2,434 ISHARES RUSSELL MIDCAP VALUE FD AT COST 168,602 185,836
    3,971.695 SHARES OPPENHEIMER DEVELOPING MARKETS FD AT COST 139,544 149,256
    5,968.961 SHARES CLEARBRIDGE MID CAP FD AT COST 221,995 185,754
    6,779 ISHARES MSCI EAFE VALUE INDEX FD AT COST 343,498 306,546
    653.605 SHARES PIMCO INTERNATIONAL BOND (US DOLLAR HEDGED) FD #103 AT COST 7,143 6,954
    7,063 ISHARES DJ SELECT DIVIDEND INDEX FD AT COST 656,886 630,797
    7,473.695 SHARES GOLDMAN SACHS INTL SMALL CAP INSIGHTS FD AT COST 92,303 76,082
    891.333 SHARES NEUBERGER BERMAN STRATEGIC INCOME FD AT COST 9,805 9,314
    9,271.405 SHARES LAZARD EMERGING MARKETS PORTFOLIO #638 AT COST 148,586 148,899
    9,781.38 SHARES INVESCO INTERNATIONAL GROWTH FD AT COST 329,973 274,074
    919 ISHARES S&P SMALLCAP 600 BARRA VALUE FD AT COST 116,021 121,170

    TY 2018 LandEtcSchedule2
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 2,959 2,959 0 0
    COMPUTER DESK 432 372 60 60


    TY 2018 OtherAssetsSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED REGULATED INVESTMENT COMPANY INCOME 288 27,968 27,968
    UNREALIZED PURCHASED BOND INTEREST 420 1,459 1,459


    TY 2018 OtherExpensesSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE ASSISTANCE 1,372 0   1,372
    OFFICE SUPPLIES AND EXPENSES 202 0   202
    GRANT AWARD RECEPTION EXPENSE 206 0   206
    TELECOMMUNICATIONS 339 0   339
    INSURANCE 3,267 0   3,267
    INTERNET WEBSITE MAINTENANCE 993 0   993
    ADR FEES 47 47   0
    MISCELLANEOUS EXPENSES 30 0   30


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Description Beginning of Year - Book Value End of Year - Book Value
    STATE INCOME TAX WITHHELD FROM WAGES 87 151


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BB&T - INVESTMENT MANAGEMENT FEES 26,974 25,674   0


    TY 2018 TaxesSchedule
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 393 393   0
    PAYROLL TAXES 1,102 0   1,102
    EXCISE TAX ON INVESTMENT INCOME (2017 BALANCE) 1,447 0   0
    EXCISE TAX ON INVESTMENT INCOME (2018 ESTIMATED TAX) 2,400 0   0


    TY 2018 TransfersFrmControlledEntities
    Name:
    THE ROBERT E FRAZIER TRI-CITY AREA
     
    CHARITABLE FOUNDATION INC
    EIN:
    45-3278636
    Name US /
    Foreign Address    		 EIN Description Amount
    THE ROBERT E FRAZIER TRI-CITY AREA CHARITABLE GRANT FOUNDATION LLC 333 WEST VINE STREET SUITE 1500
    LEXINGTON,KY40507     		46-4387129 NOT APPLICABLE BECAUSE CONTROLLED ORGANIZATION IS A DISREGARDED SINGLE-MEMBER LLC. 0
    Total     0