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
CHARLES & IRENE NANNEY FOUNDATION
C/O DAVID POWELL NANNEY JR
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 19763
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC276199766
A Employer identification number

56-6046763
B Telephone number (see instructions)

(919) 848-0420
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$3,169,289J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 98,434 98,434  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 958,799
b Gross sales price for all assets on line 6a 3,854,108
7 Capital gain net income (from Part IV, line 2)... 958,799
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........ 1,057,233 1,057,233  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 0   6,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,025 0   4,025
c Other professional fees (attach schedule).... Click to see attachment 20,416 20,416   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,915 3,657   0
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 420 0   420
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,776 24,073   10,445
25 Contributions, gifts, grants paid....... 200,000 200,000
26 Total expenses and disbursements. Add lines 24 and 25 238,776 24,073   210,445
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 818,457
b Net investment income (if negative, enter -0-) 1,033,160
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............. 1,036,275    
2 Savings and temporary cash investments......... 245,000 51,823 51,823
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)....... 466,264 Click to see attachment2,672,239 2,597,132
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment526,015 520,334
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 684,081 0 0
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) 2,431,620 3,250,077 3,169,289
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,431,620 3,250,077
30 Total net assets or fund balances (see instructions)..... 2,431,620 3,250,077
31 Total liabilities and net assets/fund balances (see instructions). 2,431,620 3,250,077
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
2,431,620
2
Enter amount from Part I, line 27a .....................
2
818,457
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,250,077
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
3,250,077
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 WESTERN NATIONAL LIFE INSURANCE ANNUITY P    
c CAPITAL GAINS DIVIDENDS P    
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 3,167,401   2,211,228 956,173
b 686,390   684,081 2,309
c 317     317
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       956,173
b       2,309
c       317
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 2 958,799
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 164,426 3,409,408 0.048227
2016 173,771 3,333,258 0.052132
2015 174,153 3,463,157 0.050287
2014 170,957 3,523,153 0.048524
2013 167,803 3,458,552 0.048518
2
Total of line 1, column (d) .....................
2
0.247688
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
0.049538
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,474,616
5
Multiply line 4 by line 3......................
5
172,126
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,332
7
Add lines 5 and 6........................
7
182,458
8
Enter qualifying distributions from Part XII, line 4,.............
8
210,445
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 10,332
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 10,332
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 10,332
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,560
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 2,560
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,772
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
    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)
    bulletNC
    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 addressbulletN/A
    14
    The books are in care ofbulletDAVID P NANNEY JR Telephone no.bullet (919) 848-0420

    Located atbulletP O BOX 19763RALEIGHNC ZIP+4bullet27619
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CHARLES D GRAY III TRUSTEE
    2.00     		2,000 0 0
    P O BOX 19763
    RALEIGH,NC27619
    MARY ELLEN JENNINGS TRUSTEE
    2.00     		2,000 0 0
    P O BOX 19763
    RALEIGH,NC27619
    DAVID P NANNEY JR TRUSTEE
    2.00     		2,000 0 0
    P O BOX 19763
    RALEIGH,NC27619
    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
    3,069,629
    b
    Average of monthly cash balances.......................
    1b
    286,522
    c
    Fair market value of all other assets (see instructions)................
    1c
    171,378
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,527,529
    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
    3,527,529
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,913
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,474,616
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    173,731
    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
    173,731
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,332
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,332
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    163,399
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    163,399
    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
    163,399
    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
    210,445
    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
    210,445
    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
    10,332
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    200,113
    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 7 163,399
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 159,855
    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$ 210,445
    a Applied to 2017, but not more than line 2a 159,855
    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..... 50,590
    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 ..........     		112,809
    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 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
    CAMPBELL UNIVERSITY LAW SCHOOL
    PO BOX 127
    BUIES CREEK,NC27506     		N/A PC EDUCATION 17,000
    CANCER SERVICES OF GASTON COUNTY
    306 SOUTH COLUMBIA STREET
    GASTONIA,NC28054     		N/A PC MEDICAL 2,500
    CRISIS ASSISTANCE MINISTRY
    805 WEST AIRLINE AVENUE
    GASTONIA,NC28053     		N/A PC CHARITABLE 16,375
    FIRST BAPTIST CHURCH
    2650 UNION ROAD
    GASTONIA,NC28054     		N/A PC RELIGIOUS 500
    GARDNER-WEBB UNIVERSITY
    PO BOX 997
    BOILING SPRINGS,NC28017     		N/A PC EDUCATION 15,000
    GASTON ARTS COUNCIL
    PO BOX 242
    GASTONIA,NC28053     		N/A PC EDUCATION 250
    GASTON COUNTY YMCA
    615 W FRANKLIN BLVD
    GASTONIA,NC28052     		N/A PC CHARITABLE 60,000
    GASTON LITERACY COUNCIL INC
    116 SOUTH MARIETTA STREET
    GASTONIA,NC28052     		N/A PC EDUCATION 2,500
    GASTON SYMPHONIC BAND
    PO BOX 3535
    GASTONIA,NC28053     		N/A PC CHARITABLE 2,000
    GASTON TOGETHER
    PO BOX 817
    GASTONIA,NC28053     		N/A PC CIVIC 7,000
    HOLY ANGELS INC
    6600 WILKINSON BLVD
    BELMONT,NC28012     		N/A PC CIVIC 5,250
    HOUSE OF MERCY
    701 MERCY DRIVE
    BELMONT,NC28012     		N/A PC CIVIC 2,000
    MARS HILL UNIVERSITY
    PO BOX 370
    MARS HILL,NC28754     		N/A PC EDUCATION 15,000
    MEREDITH COLLEGE
    3800 HILLSBOROUGH STREET
    RALEIGH,NC27607     		N/A PC EDUCATION 2,000
    NCSU FOUNDATION - COLLEGE OF EDUCATION
    208 POE HALL CAMPUS BOX 7801
    RALEIGH,NC27695     		N/A PC EDUCATION 2,500
    SALVATION ARMY
    PO BOX 1094
    GASTONIA,NC28053     		N/A PC CHARITABLE 5,000
    THE GASTON COLLEGE FOUNDATION
    201 HWY 321 SOUTH
    DALLAS,NC28034     		N/A PC EDUCATION 250
    THE GAZETTE EMPTY STOCKING FUND
    107 S BROAD ST
    GASTONIA,NC28053     		N/A PC CIVIC 16,375
    UNITED WAY OF GASTON COUNTY
    PO BOX 242
    GASTONIA,NC28053     		N/A PC CHARITABLE 11,000
    WAKE FOREST UNIVERSITY
    PO BOX 7719
    WINSTON SALEM,NC27109     		N/A PC EDUCATION 15,000
    WITH FRIENDS INC
    PO BOX 2182
    GASTONIA,NC28053     		N/A PC CIVIC 2,500
    Total .................................bullet 3a 200,000
    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 Dividends and interest from securities....     14 98,434  
    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 ............     		    18 958,799  
    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 1,057,233 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,057,233
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RETURN PREPARATION & CONSULTING 4,025 0   4,025

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AIR LEASE CORP 11,536 11,025
    AMERICAN HONDA FINANCE CORP 10,969 10,876
    ANHEUSER-BUSCH INBEV WORLDWIDE INC 11,294 11,217
    ANTHEM INC 10,728 10,716
    AON PLC 11,118 10,855
    ASTRAZENECA PLC 10,852 10,808
    AT&T INC 10,935 10,851
    BANK OF AMERICA CORP 11,195 10,910
    BERKSHIRE HATHAWAY INC 10,846 10,798
    BOSTON PROPERTIES LP 11,049 10,839
    BP CAPITAL MARKETS PLC 10,917 10,906
    CELGENE CORP 10,937 10,887
    CHUBB INA HOLDINGS INC 10,857 10,843
    CISCO SYSTEMS INC 11,227 11,219
    CSX CORP 10,957 10,918
    DIAGEO CAPITAL PLC 10,679 10,671
    DUKE ENERGY CORP 11,106 11,017
    EATON CORP 10,801 10,698
    ECOLAB INC 11,241 11,197
    EXELON CORP 10,958 10,913
    FEDEX CORP 10,718 10,442
    GENERAL MOTORS FINANCIAL CO INC 11,156 10,743
    INGERSOLL-RAND GLOBAL HOLDING CO LTD 10,971 10,896
    INTEL CORP 11,210 11,096
    KEYCORP 10,994 10,917
    KINDER MORGAN ENERGY PARTNERS LP 10,818 10,685
    LOCKHEED MARTIN CORP 10,473 10,558
    MARRIOTT INTERNATIONAL INC/MD 11,207 10,897
    MCDONALD'S CORP 11,007 10,783
    NATIONAL OILWELL VARCO INC 11,519 11,328
    NORTHROP GRUMMAN CORP 10,657 10,644
    ORACLE CORP 10,701 10,713
    REYNOLDS AMERICAN INC 11,201 10,881
    RIO TINTO FINANCE USA LTD 11,166 11,045
    ROGERS COMMUNICATIONS INC 11,010 10,725
    SIMON PROPERTY GROUP LP 10,729 10,659
    SOUTHERN CALIFORNIA EDISON SO 10,953 10,864
    SOUTHERN CO/THE 10,369 10,304
    SUNTRUST BANKS INC 11,913 11,896
    TARGET CORP 11,165 11,073
    TIME WARNER INC 10,690 10,418
    TOYOTA MOTOR CREDIT CORP 10,777 10,685
    UNITED PARCEL SERVICE INC 10,615 10,549
    VALERO ENERGY CORP 10,556 10,091
    VERIZON COMMUNICATIONS INC 10,976 10,945
    WALMART INC 10,795 10,827
    WALT DISNEY CO/THE 10,669 10,683
    WASTE MANAGEMENT INC 10,798 10,823

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC COM 19,121 17,793
    ADOBE INC 3,279 3,394
    AIR PROD & CHEM INC 1,814 1,761
    AKAMAI TECHNOLOGIES INC 4,634 4,031
    ALEXION PHARM INC 3,115 2,531
    ALIBABA GROUP HLDG LTD 1,824 1,508
    ALLERGAN PLC SHS 925 802
    ALPHABET INC CL A 4,502 4,180
    ALPHABET INC CL C 1,037 1,036
    ALTRIA GROUP INC 8,366 7,310
    AMAZON COM INC 9,256 9,012
    AMC NETWORKS INC CL A 969 988
    AMERCO 686 656
    AMERICAN ELECTRIC POWER CO 5,780 6,353
    AMERICAN EXPRESS CO 2,780 2,669
    ANSYS INC 1,727 1,429
    AON PLC SHS CL-A 1,141 1,163
    APPLE INC 2,702 2,366
    ARCH CAPITAL GROUP 1,476 1,389
    ASE TECHNOLOGY HLDG CO LTD ADR 6 4
    ASTRAZENECA PLC ADS 12,339 13,711
    AT&T INC 3,399 3,025
    AUTODESK INC DELAWARE 4,750 5,144
    BANCO DO BRASIL SA SPON ADR 1,841 2,668
    BB SEGURIDADE PARTICIPACOES 829 975
    BCE INC 24,042 21,702
    BIDVEST GROUP LTD SPONS ADR 419 450
    BIOGEN INC COM 9,990 10,532
    BIOMARIN PHARMAC SE 1,320 1,277
    BLACK KNIGHT INC 2,325 2,118
    BLACKROCK STRATEGIC INC OPP I 283,966 272,492
    BP PLC ADS 9,367 8,835
    BROADCOM INC 3,684 3,814
    BROOKFIELD ASSET MGNT CL A LTD 4,408 4,180
    BROWN & BROWN INC 1,322 1,323
    BROWN FORMAN CORP CL B 330 285
    CARMAX INC 2,897 2,760
    CBRE GROUP INC CL A 1,959 1,682
    CDK GLOBAL INC COM 607 431
    CHEVRON CORP 11,340 10,770
    CHINA MOBILE LTD 7,208 7,440
    CHINA PETE&CHEM CP ADS H SHS 7,348 6,142
    CHINA SHENHUA ENERGY 1,192 1,080
    CHIPOTLE MEXICAN GRILL INC COM 1,565 2,159
    CITRIX SYSTEMS INC 4,683 5,021
    CNOOC LTD ADS 3,987 3,811
    COCA COLA CO 17,185 18,798
    COMCAST CORP (NEW) CLASS A 12,176 11,713
    COPART INC 1,801 1,768
    COSTCO WHOLESALE CORP NEW 1,951 2,037
    CREE RESEARCH INC 989 1,112
    CROWN CASTLE INTL CORP 19,519 19,445
    DEUTSCHE TELEKOM AG 1 ORD 1ADS 6,689 6,928
    DIAGEO PLC SPON ADR NEW 9,002 9,217
    DISCOVERY INC SER A 1,303 1,311
    DOLBY CLA A COM STK 2,275 2,226
    DOLLAR GEN CORP NEW COM 1,071 1,189
    DOMINION ENERGY INC 16,880 16,722
    DUKE ENERGY CORPORATION 16,295 17,864
    ECHOSTAR CORPORATION 339 220
    ECOLAB INC 3,058 3,389
    ENGIE SPONS ADR 260 258
    ENN ENERGY HOLDINGS LTD UNSPON 2,707 2,966
    EQUINIX INC COM 4,046 3,526
    EXXON MOBIL CORP 18,889 16,434
    FASTENAL CO 540 523
    FIRST REPUBLIC BANK 1,959 1,738
    FT NORTH AMERICAN ENERGY INFRA 136,828 126,984
    GARTNER INC 2,906 2,940
    GCI LIBERTY INC CL A 1,298 1,029
    GLAXOSMITHKLINE PLC ADR 25,511 25,868
    GUIDEWIRE SOFTWARE INC 875 722
    HD SUPPLY HOLDINGS 263 263
    HEICO CORP CLASS A 262 252
    HILTON WORLDWIDE HLDGS INC 2,035 1,795
    HOME DEPOT INC 3,794 3,436
    HONEYWELL INTERNATIONAL INC 3,639 3,303
    HOWARD HUGHES CORP 989 781
    HUNTINGTON BANCSHARES 4,527 3,802
    HYATT HOTELS CORP COM CL A 816 744
    IDEXX LABS 431 372
    IHS MARKIT LTD 4,067 3,934
    IMMUNOGEN INC 356 173
    INFOSYS LIMITED ADR 4,840 5,065
    INVESCO PREM US GOVT MNY INST 32,324 32,324
    IONIS PHARMACEUTICALS INC 2,301 2,703
    ISHARES CORE S&P U.S. GROWTH 74,799 70,829
    ISHARES MSCI ACWI EX US ETF 265,339 259,900
    ISHARES MSCI EMERGING MKTS ETF 97,606 96,088
    ISHARES SELECT DIVIDEND ETF 109,733 102,885
    ISHARES SP SMALLCAP 600 INDEX 90,463 83,461
    JOHNSON & JOHNSON 3,188 3,226
    JOHNSON CTLS INTL PLC 1,305 1,156
    KAR AUCTION SVCS INC 494 429
    KASIKORNBANK PUB CO LTD UNSPON 666 635
    KENNEDY-WILSON HLDGS INC COM 893 781
    KIMBERLY CLARK CORP 9,929 10,255
    KKR & CO INC CL A 1,324 982
    L3 TECHNOLOGIES INC COM 1,709 1,563
    LENNAR CORPORATION 1,006 705
    LIBERTY BROADBAND CORP S-A 1,112 934
    LIBERTY BROADBAND CORP S-C 1,379 1,152
    LIBERTY EXPEDIA HOLD SER A 277 274
    LIBERTY GLOBAL PLC CL A NEW 350 256
    LIBERTY GLOBAL PLC CL C NEW 913 619
    LIBERTY MEDIA C SER A SIRIUSXM 845 736
    LIBERTY MEDIA C SER C SIRIUSXM 1,875 1,627
    LIBERTY MEDIA CORP SER A 637 594
    LIBERTY MEDIA CORP SER C 1,508 1,412
    LIFE HEALTHCARE GRP HLDGS LTD 285 285
    LINDE PLC 2,288 2,185
    LIONS GATE ENTMNT CORP CL B 659 387
    LOGMEIN INC COM 662 489
    M&T BANK CORP 779 573
    MARKEL CORP (HOLDING CO) 3,390 3,114
    MCCORMICK AND CO NON VOTING 1,596 2,089
    MEDTRONIC PLC SHS 1,559 1,728
    METTLER TOLEDO INTL 1,121 1,131
    MICROCHIP TECHNOLOGY INC 1,743 1,438
    MICROSOFT CORP 5,245 5,586
    MMC NORILSK NICKL PJSC SPS ADR 6,676 7,649
    MOODYS CORP 1,354 1,120
    MOTOROLA SOLUTIONS INC 544 575
    MSCI INC COM 452 442
    MUENCHENER RUECK-UNSPONS ADR 1,518 1,573
    NATIONAL GRID PLC SPON ADR 8,457 7,533
    NEDBANK GRP LTD SPON ADR 1,023 1,101
    NESTLE SPON ADR REP REG SHR 12,226 12,306
    NETEASE.COM INC ADS 3,197 3,295
    NOVARTIS AG ADR 13,142 13,558
    NOW INC 819 896
    NUANCE COMMUNICATIONS INC 1,186 1,085
    NUTANIX INC CL A 1,405 1,331
    NVENT ELECTRIC PLC 0 359
    NVIDIA CORPORATION 1,497 1,335
    OCCIDENTAL PETROLEUM CORP DE 8,976 8,164
    ORACLE CORP 3,419 3,251
    O'REILLY AUTOMOTIVE INC NEW 2,858 3,788
    PALO ALTO NETWORKS INC 2,118 2,260
    PAYPAL HLDGS INC COM 3,000 3,195
    PENTAIR PLC 414 378
    PEPSICO INC NC 9,998 9,943
    PHILIP MORRIS INTL INC 11,336 9,346
    PIMCO INCOME I2 141,588 136,799
    PIMCO LOW DURATION I2 140,653 139,087
    PIMCO SHORT TERM I2 338,352 334,592
    PJSC GAZPROM SPON ADR 2,663 2,444
    PJSC LUKOIL SPONSORED ADR 4,336 4,566
    PPL CORPORATION 10,993 10,680
    PROCTER & GAMBLE 9,398 11,030
    PROGRESSIVE CORP OHIO 1,005 1,026
    PT ASTRA INTERNATIONAL TBK ADR 3,738 3,946
    PT BK MANDIRI PERSERO TBK UNSP 2,050 2,214
    PT SEMEN GRESIK PERSERO ADR 2,607 2,976
    PT TELEKOMUNIKASI INDONESIA 3,323 3,224
    QUALCOMM INC 3,173 3,130
    QURATE RETAIL INC SER A 865 800
    REALPAGE INC 1,006 819
    REALTY INCOME CORP 4,036 4,980
    RED HAT INC 2,282 2,986
    REGENERON PHARM 2,875 3,362
    RESTAURANT BRANDS INTL INC COM 3,081 2,720
    ROCHE HOLDINGS ADR 11,998 12,805
    ROPER TECHNOLOGIES INC 1,991 1,866
    ROSS STORES INC 314 333
    S&P GLOBAL INC COM 1,348 1,190
    SANLAM LTD ADR 440 486
    SANOFI ADR 6,129 6,729
    SBA COMMUNICATIONS CORP NEW CL A 4,247 4,047
    SHOPIFY INC 167 138
    SHOPRITE HLDGS LTD SPONSORED A 234 240
    SMITHS GROUP PLC SPONSORED ADR 1,291 1,262
    SOUTHERN CO 12,116 11,858
    SPLUNK INC 2,215 2,412
    SUMMIT MATLS INC CL A 638 446
    TAIWAN SMCNDCTR MFG CO LTD ADR 3,135 3,174
    TELEFONICA BRASIL SA SPON ADR 4,833 5,321
    TEMPLETON GLOBAL BD FD ADV 131,098 124,172
    TERNIUM S.A. ADR 1,911 1,789
    THERMO FISHER SCIENTIFIC 3,582 3,804
    TORTOISE MLP & PIPELINE INST 18,960 16,862
    TOTAL S A SPON ADR 1,604 1,461
    TRANSDIGM GROUP INC 3,683 4,081
    TRANSUNION 1,740 1,534
    TWITTER INC 3,366 3,133
    UNILEVER NV NY SH NEW 10,581 10,437
    UNITED PARCEL SER INC CL-B 14,846 13,167
    UNITEDHEALTH GP INC 13,128 13,951
    VAIL RESORTS 1,130 843
    VANGUARD MID-CAP ETF INDEX 5,027 4,698
    VENTAS INC 10,281 11,191
    VERISIGN INC 1,699 2,076
    VERISK ANALYTICS INC COM 1,894 1,963
    VERIZON COMMUNICATIONS 18,928 21,926
    VERTEX PHARMACEUTICALS 3,019 3,148
    VISA INC CL A 4,766 5,014
    VMWARE INC CLASS A 1,818 2,057
    VODACOM GROUP LIMITED 822 847
    VODAFONE GROUP PLC 29,402 21,150
    VULCAN MATERIALS CO 2,186 1,877
    W W GRAINGER INC 3,581 3,671
    WALT DISNEY CO HLDG CO 4,052 4,167
    WEICHAI PWR CO LTD SPONS ADR 400 415
    WELLTOWER INC 7,613 9,579
    WIX COM LTD 1,135 1,084
    YPF SOCIEDAD ADS REP 1 CL-D SH 1,112 1,071
    YUM CHINA HLDNGS 485 436
    ZOETIS INC CLASS-A 3,222 3,336
    ZURICH INSURANCE GRP LTD ADR 4,503 4,441

    TY 2018 OtherExpensesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PO BOX RENTAL 250 0   250
    ADMINISTRATIVE EXPENSE 170 0   170


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 20,416 20,416   0


    TY 2018 TaxesSchedule
    Name:
    CHARLES & IRENE NANNEY FOUNDATION
     
    C/O DAVID POWELL NANNEY JR
    EIN:
    56-6046763
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 4,258 0   0
    FOREIGN TAX 3,657 3,657   0