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
The Baltimore Family Fund
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

04-6826272
B Telephone number (see instructions)

(800) 839-1754
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$3,917,955J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,388 2,388  
4 Dividends and interest from securities... 70,133 70,133  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 288,545
b Gross sales price for all assets on line 6a 1,606,813
7 Capital gain net income (from Part IV, line 2)... 288,545
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 34 34  
12 Total. Add lines 1 through 11........ 361,100 361,100  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 33,419 33,419    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,179      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 21,720     21,720
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 58,318 33,419   21,720
25 Contributions, gifts, grants paid....... 175,050 175,050
26 Total expenses and disbursements. Add lines 24 and 25 233,368 33,419   196,770
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 127,732
b Net investment income (if negative, enter -0-) 327,681
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 374,308 174,893 174,893
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,674,935 Click to see attachment2,047,083 2,583,017
c Investments—corporate bonds (attach schedule)....... 216,872 Click to see attachment1,171,871 1,160,045
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 3,266,115 3,393,847 3,917,955
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 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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,266,115 3,393,847
30 Total net assets or fund balances (see instructions)..... 3,266,115 3,393,847
31 Total liabilities and net assets/fund balances (see instructions). 3,266,115 3,393,847
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
3,266,115
2
Enter amount from Part I, line 27a .....................
2
127,732
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,393,847
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,393,847
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
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 1,606,813   1,318,268 288,545
b
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       288,545
b
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 2 288,545
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 155,183 3,855,488 0.04025
2016 116,687 3,585,045 0.032548
2015 92,938 3,817,379 0.024346
2014 87,925 3,667,570 0.023974
2013 82,223 3,260,529 0.025218
2
Total of line 1, column (d) .....................
2
0.146336
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
0.029267
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,144,123
5
Multiply line 4 by line 3......................
5
121,286
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,277
7
Add lines 5 and 6........................
7
124,563
8
Enter qualifying distributions from Part XII, line 4,.............
8
196,770
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 3,277
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  
3 Add lines 1 and 2........................... 3 3,277
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,277
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,277
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$   (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)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Alice Baltimore Trustee, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    David Baltimore Chairman, Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Lauren R Baltimore Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Normand F Smith Trustee
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    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
    4,034,137
    b
    Average of monthly cash balances.......................
    1b
    173,094
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,207,231
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,207,231
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,108
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,144,123
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    207,206
    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
    207,206
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,277
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,277
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    203,929
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    203,929
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    203,929
    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
    196,770
    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
    196,770
    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
    3,277
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    193,493
    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 7 203,929
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 190,536
    b Total for prior years:2016, 2015, 2014  
    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........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 196,770
    a Applied to 2017, but not more than line 2a 190,536
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 6,234
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018.    
    (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 ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		197,695
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    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.... 0
    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).)
    Alice Baltimore
    David Baltimore
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    80-20 EDUCATIONAL FOUNDATION
    939 BEACH DR NE UNIT 910
    ST PETERSBURG,FL33701     		N/A PC General & Unrestricted 500
    A BETTER CHANCE INC
    2 W53EST 35TH ST 6TH FL
    NEW YORK,NY10001     		N/A PC General & Unrestricted 100
    A NOISE WITHIN
    3352 E FOOTHILL BLVD
    PASADENA,CA91107     		N/A PC General & Unrestricted 500
    AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENC
    1200 NEW YORK AVE NW100
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 200
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY ST
    PHILADELPHIA,PA19102     		N/A PC General & Unrestricted 100
    AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC
    250 DIVISION ST
    GT BARRINGTON,MA01230     		N/A PC General & Unrestricted 100
    ARLINGTON GARDEN IN PASADENA
    275 ARLINGTON DR
    PASADENA,CA91105     		N/A PC General & Unrestricted 100
    ASSOCIATION FOR WOMEN IN SCIENCE INC
    1667 K ST NW STE 800
    WASHINGTON,DC20006     		N/A PC General & Unrestricted 100
    BITTER ROOT LAND TRUST INC
    PO BOX 1806
    HAMILTON,MT59840     		N/A PC General & Unrestricted 2,000
    BROAD INSTITUTE INC
    415 MAIN ST
    CAMBRIDGE,MA02142     		N/A PC General & Unrestricted 250
    CALIFORNIA INSTITUTE OF TECHNOLOGY
    1200 E CALIFORNIA BLVD M/C 5-32
    PASADENA,CA91125     		N/A PC General & Unrestricted 1,000
    CALIFORNIA STATE UNIVERSITY LONG BEACH FOUNDATION
    1500 COTNER AVE
    LOS ANGELES,CA90025     		N/A PC General & Unrestricted 100
    CENTER FOR CONSTITUTIONAL RIGHTS INC
    666 BROADWAY 7TH FLR
    NEW YORK,NY10012     		N/A PC General & Unrestricted 1,000
    CENTER FOR SCIENCE IN THE PUBLIC INTEREST
    1220 L ST NW STE 300
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 500
    CENTER THEATRE GROUP OF LOS ANGELES
    601 W TEMPLE ST
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 1,500
    CHURCH OF THE MESSIAH
    13 CHURCH ST
    WOODS HOLE,MA02543     		N/A PC General & Unrestricted 1,000
    COALITION FOR CHILDREN
    340 TEATICKET HWY
    TEATICKET,MA02536     		N/A PC General & Unrestricted 100
    COMMITTEE OF CONCERNED SCIENTISTS INC
    PO BOX 3708
    SILVER SPRINGS,MD20918     		N/A PC General & Unrestricted 200
    COONAMESSETT FARM FOUNDATION INC
    277 HATCHVILLE RD
    EAST FALMOUTH,MA02536     		N/A PC General & Unrestricted 100
    COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE I
    151 ELLIS ST NE
    ATLANTA,GA30303     		N/A PC General & Unrestricted 100
    COUNCIL ON THE ENVIRONMENT INC DBA GROWNYC
    100 GOLD ST STE 3300
    NEW YORK,NY10038     		N/A PC General & Unrestricted 100
    DOE FUND INC
    232 E 84TH ST
    NEW YORK,NY10028     		N/A PC General & Unrestricted 100
    FALMOUTH PUBLIC LIBRARY SUPPORT FUND INC
    300 MAIN ST
    FALMOUTH,MA02540     		N/A PC General & Unrestricted 200
    FEDERATION OF AMERICAN SCIENTISTS
    1725 DESALES ST NW 6TH FL
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 100
    FRIENDS OF FALMOUTH BIKEWAYS INC
    432 WILD HARBOR RD
    N FALMOUTH,MA02556     		N/A PC General & Unrestricted 200
    FRIENDS OF LIBERTY STATE PARK INC
    PO BOX 3407
    JERSEY CITY,NJ07303     		N/A PC General & Unrestricted 100
    FRIENDS OF MOUNT AUBURN CEMETERY
    580 MOUNT AUBURN ST
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 100
    FRIENDS OF MVYRADIO INC
    PO BOX 1148
    VINEYARD HVN,MA02568     		N/A PC General & Unrestricted 150
    FRIENDS OF SCIENCE EAST INC
    120 FARM RD W
    WADING RIVER,NY11792     		N/A PC General & Unrestricted 50
    GRACE VAN VORST COMMUNITY SERVICE NJ NONPROFIT COR
    39 ERIE ST
    JERSEY CITY,NJ07302     		N/A PC General & Unrestricted 100
    GREENWICH VILLAGE SOCIETY FOR HISTORIC PRESERVATIO
    232 E 11TH ST
    NEW YORK,NY10003     		N/A PC General & Unrestricted 200
    HISPANIC FEDERATION INC
    55 EXCHANGE PL 5TH FL
    NEW YORK,NY10005     		N/A PC General & Unrestricted 100
    JACKSON LABORATORY
    600 MAIN ST
    BAR HARBOR,ME04609     		N/A PC General & Unrestricted 1,000
    JERSEY CITY FREE PUBLIC LIBRARY FOUNDATION INC
    472 JERSEY CITY
    JERSEY CITY,NJ07302     		N/A PC General & Unrestricted 100
    JOHNS HOPKINS UNIVERSITY
    3910 KESWICK RD STE N2100
    BALTIMORE,MD21211     		N/A PC Institute for Basic Biomedical Science (IBBS) Program 1,000
    KECK GRADUATE INSTITUTE
    535 WATSON DR
    CLAREMONT,CA91711     		N/A PC General & Unrestricted 500
    KOCE-TV FOUNDATION - PBS SOCAL
    PO BOX 25113
    SANTA ANA,CA92799     		N/A PC General & Unrestricted 200
    LEAGUE OF WOMEN VOTERS OF CALIFORNIA EDUCATION FUN
    65 S GRAND AVE STE 209
    PASADENA,CA91105     		N/A PC General & Unrestricted 230
    LIBERTY SCIENCE CENTER INC
    222 JERSEY CITY BLVD
    JERSEY CITY,NJ07305     		N/A PC General & Unrestricted 50
    LOS ANGELES OPERA COMPANY
    135 N GRAND AVE
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 1,500
    LOS ANGELES PHILHARMONIC ASSOCIATION
    151 S GRAND AVE
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 1,500
    MAKING BOOKS SING INC
    340 E 46TH ST
    NEW YORK,NY10017     		N/A PC General & Unrestricted 100
    MARINE BIOLOGICAL LABORATORY
    7 MBL ST
    WOODS HOLE,MA02543     		N/A PC General & Unrestricted 1,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 500
    MIT ALUMNI FUND
    77 MASSACHUSETTS AVE W92-280
    CAMBRIDGE,MA02139     		N/A PC General & Unrestricted 1,000
    MUSEUM OF CHINESE IN THE AMERICA
    70 MULBERRY ST 2ND FL
    NEW YORK,NY10013     		N/A PC General & Unrestricted 100
    MUSEUM OF SCIENCE
    1 SCIENCE PARK
    BOSTON,MA02114     		N/A PC General & Unrestricted 2,500
    MUSIC CENTER FOUNDATION
    135 N GRAND AVE
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 800
    NATIONAL ACADEMY OF SCIENCES
    2101 CONSTITUTION AVE NW
    WASHINGTON,DC20418     		N/A PC General & Unrestricted 10,000
    NATIONAL PARKS CONSERVATION ASSOCIATION
    777 6TH ST NW STE 700
    WASHINGTON,DC20001     		N/A PC General & Unrestricted 200
    NEIGHBORHOOD FALMOUTH INC
    PO BOX 435
    FALMOUTH,MA02541     		N/A PC General & Unrestricted 500
    PACIFIC COUNCIL ON INTERNATIONAL POLICY
    725 S FIGUEROA ST STE 450
    LOS ANGELES,CA90017     		N/A PC General & Unrestricted 400
    PAGE SEVENTY THREE PRODUCTIONS INC
    80 HANSON PL 6TH FL
    BROOKLYN,NY11217     		N/A PC General & Unrestricted 100
    PASADENA POLICE FOUNDATION
    207 N GARFIELD AVE
    PASADENA,CA91101     		N/A PC General & Unrestricted 100
    PASADENA SENIOR CENTER
    85 E HOLLY ST
    PASADENA,CA91103     		N/A PC General & Unrestricted 100
    PERFORMING ARTS CENTER OF LOS ANGELES COUNTY
    135 N GRAND AVE
    LOS ANGELES,CA90012     		N/A PC General & Unrestricted 3,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    123 WILLIAMS ST 10TH FL
    NEW YORK,NY10038     		N/A PC General & Unrestricted 1,000
    PLANNED PARENTHOOD PASADENA AND SAN GABRIEL VALLEY
    2333 LAKE AVE 2ND FL - MAILBOX J
    ALTADENA,CA91001     		N/A PC General & Unrestricted 500
    PROTESTANT EPISCOPAL CATHEDRAL FOUNDATION OF THE D
    3612 WOODLEY RD NW
    WASHINGTON,DC20016     		N/A PC General & Unrestricted 500
    PROTESTANT EPISCOPAL CATHEDRAL FOUNDATION OF THE D
    3612 WOODLEY RD NW
    WASHINGTON,DC20016     		N/A PC National Cathedral School for Girls and to support the National Cathedral 1,000
    PUBLIC AGENDA INC
    195 MONTAGUE ST 14TH FL
    BROOKLYN,NY11201     		N/A PC General & Unrestricted 1,000
    READY WILLING & ABLE
    232 E 84TH ST
    NEW YORK,NY10028     		N/A PC General & Unrestricted 100
    RESEARCH AMERICA
    241 18TH ST S STE 501
    ARLINGTON,VA22202     		N/A PC General & Unrestricted 1,000
    RYAN REPERTORY COMPANY INC
    2445 BATH AVE
    BROOKLYN,NY11214     		N/A PC General & Unrestricted 200
    SALK INSTITUTE FOR BIOLOGICAL STUDIES
    10010 N TORREY PINES RD
    LA JOLLA,CA92037     		N/A PC General & Unrestricted 1,000
    SAVE THE CHILDREN FEDERATION INC
    501 KINGS HWY E STE 400
    FAIRFIELD,CT06825     		N/A PC General & Unrestricted 100
    SHADES A CAPPELLA INC
    PO BOX 203169
    NEW HAVEN,CT06520     		N/A PC General & Unrestricted 800
    SHADES ALUMNI FAMILY INC
    46 VEGA AVE
    BROCKTON,MA02302     		N/A PC General & Unrestricted 1,300
    SHADY HILL SCHOOL
    178 COOLIDGE HILL
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 500
    SHAKESPEARE IN CLARK PARK
    PO BOX 30734
    PHILADELPHIA,PA19104     		N/A PC General & Unrestricted 100
    SOUTHERN CALIFORNIA PUBLIC RADIO
    474 S RAYMOND AVE
    PASADENA,CA91105     		N/A PC General & Unrestricted 200
    ST THOMAS ANGLICAN CHURCH - ST THOMAS CHURCH IN TH
    4106 ST THOMAS DR
    GIBSONIA,PA15044     		N/A PC General & Unrestricted 200
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		N/A PC New Science Building Project 10,000
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		N/A PC BEP Building Initiative 103,000
    TEAK FELLOWSHIP INC
    16 W 22ND ST 3RD FL
    NEW YORK,NY10010     		N/A PC General & Unrestricted 100
    THE BROOKLYN QUEENS CONSERVATORY OF MUSIC
    58 7TH AVE
    BROOKLYN,NY11217     		N/A PC General & Unrestricted 150
    THE FRIENDS OF VAN VORST PARK INC
    282 MONTGOMERY ST
    JERSEY CITY,NJ07302     		N/A PC General & Unrestricted 200
    THE METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		N/A PC General & Unrestricted 170
    THE NATIONAL ORGANIZATION FOR WOMEN FOUNDATION INC
    PO BOX 1848
    MERRIFIELD,DC22116     		N/A PC General & Unrestricted 200
    THE TREVOR PROJECT INC
    8704 SANTA MONICA BLVD
    WEST HOLLYWOOD,CA90069     		N/A PC General & Unrestricted 100
    THE TRUSTEES OF BURLINGTON COLLEGE
    350 RIVERBANK
    BURLINGTON,NJ08016     		N/A PC General & Unrestricted 1,000
    TROUT UNLIMITED
    PO BOX 7186
    MISSOULA,MT59807     		N/A PC General & Unrestricted 500
    TRUSTEES OF HAMILTON COLLEGE
    198 COLLEGE HILL RD
    CLINTON,NY13323     		N/A PC General & Unrestricted 2,500
    TRUSTEES OF PHILLIPS ACADEMY
    180 MAIN ST
    ANDOVER,MA01810     		N/A PC General & Unrestricted 1,000
    UNION OF CONCERNED SCIENTISTS INC
    2 BRATTLE SQ STE 6
    CAMBRIDGE,MA02138     		N/A PC General & Unrestricted 750
    UNITED STATES ASSOCIATION FOR UNHCR
    1310 L ST NW STE 450
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 1,000
    UNITED WAY INC
    1150 S OLIVE ST STE T500
    LOS ANGELES,CA90015     		N/A PC General & Unrestricted 1,200
    UNIVERSITY OF MONTANA
    32 CAMPUS DR
    MISSOULA,MT59812     		N/A GOV Montana Public Radio 500
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		N/A PC Montana Public Radio 200
    UNIVERSITY OF SOUTHERN CALIFORNIA - KUSC
    PO BOX 80354
    LOS ANGELES,CA90074     		N/A PC General & Unrestricted 400
    WELLESLEY COLLEGE
    106 CENTRAL ST
    WELLESLEY,MA02481     		N/A PC General & Unrestricted 1,000
    WELLESLEY COLLEGE
    106 CENTRAL ST
    WELLESLEY,MA02481     		N/A PC Wellesley Centers for Women 1,000
    WEST PASADENA RESIDENTS ASSOCIATION
    PO BOX 50252
    PASADENA,CA91115     		N/A PC General & Unrestricted 50
    WIDE HORIZONS FOR CHILDREN INC
    375 TOTTEN POND RD 400
    WALTHAM,MA02451     		N/A PC General & Unrestricted 250
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC20090     		N/A PC General & Unrestricted 450
    WILDLIFE CONSERVATION SOCIETY
    2300 SOUTHERN BLVD
    BRONX,NY10460     		N/A PC General & Unrestricted 100
    WOODS HOLE PUBLIC LIBRARY
    PO BOX 185
    WOODS HOLE,MA02543     		N/A PC General & Unrestricted 200
    YALE UNIVERSITY ALUMNI FUND
    PO BOX 1890
    NEW HAVEN,CT06508     		N/A PC General & Unrestricted 1,000
    Total .................................bullet 3a 175,050
    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 ...........     		    14 2,388  
    4 Dividends and interest from securities....     14 70,133  
    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 ............     		    18 288,545  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 34  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   361,100  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    361,100
    (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


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2018 DepreciationSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    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

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 2.900% - 11/30/2 49,790 49,566
    ABBVIE INC - 2.900% - 11/06/20 49,138 48,652
    ACE INC - 2.875% - 11/03/2022 49,129 49,577
    AMERICAN EXPRESS CR CORP BOND 49,940 48,817
    CELGENE CORP - 3.250% - 08/15/ 50,075 48,982
    CVS HEALTH CORP - 3.350% - 03/ 50,129 49,858
    CVS HEALTH CORP NOTE - 3.125% 50,115 49,932
    CWMBS INC ASSET BACKED CTF - 5 14,981 10,587
    DUKE ENERGY CORP CALL - 3.550% 50,527 50,135
    DUKE ENERGY FLA LLC BOND - 1.8 50,115 49,460
    EOG RESOURCES INC - 4.100% - 0 51,267 50,727
    GILEAD SCIENCES INC SR NT - 4. 51,621 51,459
    HOME DEPOT - 3.25% - 3/01/2022 49,984 50,518
    METLIFE INC - 3.048% - 12/15/2 49,645 49,282
    OCCIDENTAL PETE CORP NOTE - 3. 49,939 49,720
    S&P GLOBAL INC - 3.300% - 08/1 50,219 50,093
    TOYOTA MOTOR CORP - 3.183% - 0 50,082 50,022
    UNITED TECHNOLOGIES CORP - 3.1 54,503 53,857
    UNITEDHEALTH GROUP INC - 3.150 50,099 50,067
    US BANCORP - 2.950% - 07/15/20 50,102 49,320
    VERIZON COMMUNICATIONS NOTE - 50,679 50,442
    VISA INC NOTE - 2.800% - 12/14 49,930 49,373
    WELLS FARGO - 3.000% - 01/22/2 49,810 49,747
    ZOETIS INC - 3.250% - 08/20/20 50,052 49,852

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 62,600 85,276
    ADOBE SYSTEMS, INC 28,315 41,854
    ALPHABET INC CL A 60,033 114,945
    AMAZON COM 50,812 120,157
    AMERICAN TOWER REIT INC 54,435 63,276
    AMGEN INC 57,523 100,255
    APPLE INC 57,222 110,418
    BLACKROCK INC 32,970 37,318
    BOOKING HOLDINGS INC 35,556 43,061
    BROADRIDGE FINANCIAL 30,226 31,281
    CDK GLOBAL INC 76,883 57,217
    CHEVRON CORP 66,106 65,274
    CHUBB LIMITED 55,688 52,318
    CITIGROUP INC 61,986 61,171
    COSTCO WHOLESALE CORPORATION 54,047 68,243
    CVS CAREMARK CORP 20,521 40,622
    DANAHER CORP 27,894 50,013
    EOG RESOURCES INC 63,726 64,099
    ESTEE LAUDER COMPANIES INC 30,190 41,632
    FACEBOOK INC 24,065 41,949
    FIRST REPUBLIC BANK PFD SER I 50,000 44,440
    FORTIVE CORPORATION 40,588 61,368
    HOME DEPOT INC 18,150 41,237
    IHS MARKIT LTD 42,559 50,608
    JP MORGAN CHASE 85,719 90,299
    LINDE PLC COM 33,958 48,372
    MCKESSON CORP 43,716 34,246
    MERCK & CO INC 59,940 97,041
    MONDELEZ INTERNATIONAL INC 62,988 57,843
    NEXTERA ENERGY, INC 60,148 63,444
    O'REILLY AUTOMOTIVE INC 45,894 77,474
    QUALCOMM INC 44,098 42,683
    RENAISSANCERE HLDGS PFD SER F 50,000 43,660
    RENAISSANCERE HOLDINGS LTD 72,425 76,209
    SALESFORCE.COM 35,734 55,473
    STARBUCKS CORP COM 35,014 47,012
    STERIS PLC 42,741 65,713
    UNITED TECHNOLOGIES CORP 49,978 47,916
    UNITEDHEALTH GROUP INC 62,637 69,754
    VERISK ANALYTICS, INC 50,165 65,969
    VERIZON COMMUNICATIONS 59,833 65,777
    WELLS FARGO PERP PFD SER X CL 50,000 46,100

    TY 2018 OtherExpensesSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 21,685     21,685
    State or Local Filing Fees 35     35


    TY 2018 OtherIncomeSchedule2
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 34 34  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 33,419 33,419    


    TY 2018 TaxesSchedule
    Name:
    The Baltimore Family Fund
    EIN:
    04-6826272
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 2,000      
    990-PF Excise Tax for 2017 1,179