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
A H BEAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2222 9TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUSCALOOSA, AL35401
A Employer identification number

63-6134142
B Telephone number (see instructions)

(205) 391-5720
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$9,442,919J 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... 161,071 161,071 161,071
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 105,572
b Gross sales price for all assets on line 6a 2,812,962
7 Capital gain net income (from Part IV, line 2)... 808
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 19,343 19,343 19,343
12 Total. Add lines 1 through 11........ 285,986 181,222 180,414
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 4,750     4,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,815 6,815    
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 52,568 2,486   50,082
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 64,133 9,301   54,832
25 Contributions, gifts, grants paid....... 366,000 366,000
26 Total expenses and disbursements. Add lines 24 and 25 430,133 9,301   420,832
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -144,147
b Net investment income (if negative, enter -0-) 171,921
c Adjusted net income (if negative, enter -0-)... 180,414
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......... 43,957 213,720 213,720
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)....... 2,875,678 Click to see attachment2,717,391 2,776,538
c Investments—corporate bonds (attach schedule)....... 2,666,545 Click to see attachment2,493,963 2,455,723
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) Click to see attachment3,015,354 Click to see attachment3,015,354 Click to see attachment3,996,938
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,601,534 8,440,428 9,442,919
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 8,601,534 8,440,428
30 Total net assets or fund balances (see instructions)..... 8,601,534 8,440,428
31 Total liabilities and net assets/fund balances (see instructions). 8,601,534 8,440,428
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
8,601,534
2
Enter amount from Part I, line 27a .....................
2
-144,147
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,457,387
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
16,959
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
8,440,428
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.)
1a
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
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
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 2 808
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 473,914 9,875,780 0.047988
2016 509,333 12,051,095 0.042264
2015 572,136 11,438,956 0.050016
2014 547,429 10,422,215 0.052525
2013 535,593 10,548,006 0.050777
2
Total of line 1, column (d) .....................
2
0.243570
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
0.048714
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,645,547
5
Multiply line 4 by line 3......................
5
469,873
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,719
7
Add lines 5 and 6........................
7
471,592
8
Enter qualifying distributions from Part XII, line 4,.............
8
420,832
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 3,438
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 3,438
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 3,438
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,468
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 2,468
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 970
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)
    bulletAL
    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 addressbulletNONE
    14
    The books are in care ofbulletREGIONS BANK TRUST Telephone no.bullet (205) 391-5720

    Located atbullet800 22ND AVENUETUSCALOOSAAL ZIP+4bullet35401
    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
     
     
    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
    CONNIE OSWALT BOARD MEMBER
    000.00     		0 0 0
    3824 BLACKBERRY LANE
    NORTHPORT,AL35473
    SCOTT RIDINGS BOARD MEMBER
    000.00     		0 0 0
    7500 52ND STREET
    NORTHPORT,AL35473
    TOMMY KNIGHT BOARD MEMBER
    000.00     		0 0 0
    6015 FLATWOODS ROAD
    NORTHPORT,AL35473
    REGIONS BANK TRUSTEE
    000.00     		0 0 0
    2222 9TH STREET
    TUSCALOOSA,AL35401
    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  
    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.............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 CENTRAL CHURCH OF CHRIST 304 HARGROVE ROAD TUSCALOOSA, ALABAMA 35401 72,500
    2 JUDSON COLLEGE 302 BIBB STREET MARION, AL 36756 60,000
    3 AMERICAN CHRISTIAN ACADEMY 2300 VETERANS MEMORIAL PARKWAY TUSCALOOSA, AL 35404 40,000
    4 SHELTON STATE COMMUNITY COLLEGE FOUNDATION 9500 OLD GREENSBORO ROAD TUSCALOOSA, AL 35405 39,000
    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 N/A  
    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
    5,711,602
    b
    Average of monthly cash balances.......................
    1b
    83,873
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,996,958
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,792,433
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    9,792,433
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    146,886
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,645,547
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    482,277
    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
    482,277
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,438
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,438
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    478,839
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    478,839
    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
    478,839
    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
    420,832
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    420,832
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    420,832
    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 7 478,839
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 117,002
    b Total for prior years:20, 20, 20  
    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$ 420,832
    a Applied to 2017, but not more than line 2a 117,002
    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..... 303,830
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		175,009
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    REGIONS BANK
    2222 9TH STREET
    TUSCALOOSA,AL35401
    (205) 391-5720
    bThe form in which applications should be submitted and information and materials they should include:
    1. SUBMISSION MUST BE IN WRITING. 2. SUBMISSION MUST STATE PURPOSE OF REQUEST. 3. ORGANIZATION MAKING SUBMISSION MUST BE A NON-PROFIT OR MUST BE RELATED TO EDUCATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE B. ABOVE.
    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
    FLATWOODS BAPTIST CHURCH
    4520 70TH AVENUE
    NORTHPORT,AL35473     		NONE   GENERAL SUPPORT 37,500
    CENTRAL CHURCH OF CHRIST
    304 HARGROVE ROAD
    TUSCALOOSA,AL35401     		NONE   GENERAL SUPPORT 72,500
    SHELTON STATE COMM COLL
    9500 OLD GREENSBORO ROAD
    TUSCALOOSA,AL35405     		NONE   SCHOLARSHIPS 39,000
    WITH CHILD LTD
    2420 W 8TH STREET
    SIOUX FALLS,SD571045638     		NONE   GENERAL SUPPORT 3,000
    SCOTTSDALE BIBLE CHURCH
    2500 NORTH SCOTTSDALE ROA
    SCOTTSDALE,AZ85257     		NONE   GENERAL SUPPORT 2,000
    AMERICAN CHRISTIAN ACADEMY
    2300 VETERANS MEMORIAL PK
    TUSCALOOSA,AL354044158     		NONE   GENERAL SUPPORT 40,000
    TUSCALOOSA WARRIORS BASKETBALL
    1130 UNIVERSITY BLVD
    SUITE B9
    TUSCALOOSA,AL35401     		NONE   GENERAL SUPPORT 6,000
    VOICE OF THE MARTYRS
    PO BOX 443
    BARTLESVILLE,OK740050443     		NONE   GENERAL SUPPORT 6,000
    HARVEST COMPASSION CENTER
    1501 ESTES AVENUE
    ELK GROVE,IL60007     		NONE   GENERAL SUPPORT 5,000
    MOUNTAIN HOPE GOOD SHEPHERD CLINIC
    312 PRINCE STREET
    SEVIERVILLE,TN37862     		NONE   GENERAL SUPPORT 3,000
    PHOENIX RESCUE MISSION
    1801 S 35TH AVENUE
    PHOENIX,AZ85009     		NONE   GENERAL SUPPORT 14,000
    THROUGH THE BIBLE RADIO NETWORK
    PO BOX 7100
    PASADENA,CA91109     		NONE   GENERAL SUPPORT 20,000
    CHRISTIAN HOMES AND FAMILIES
    PO BOX 270
    ABILENE,TX79604     		NONE   GENERAL SUPPORT 2,500
    FOREVER YOUNG FOUNDATION
    1424 S STAPLEY DRIVE
    MESA,AZ85204     		NONE   GENERAL SUPPORT 1,500
    WOUNDED WARRIOR PROJECT
    4899 BELFORT ROAD
    JACKSONVILLE,FL32256     		NONE   GENERAL SUPPORT 6,000
    BILLY GRAHAM EVANGELICAL ASSOC
    1 BILLY GRAHAM PARKWAY
    CHARLOTTE,NC28201     		NONE   GENERAL SUPPORT 3,000
    JUDSON COLLEGE
    302 BIBB STREER
    MARION,AL36756     		NONE   GENERAL SUPPORT 60,000
    HIGH SOCKS FOR HOPE
    3617 MCFARLAND BLVD
    NORTHPORT,AL35476     		NONE   GENERAL SUPPORT 27,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		NONE   GENERAL SUPPORT 4,000
    HOPE CHRISTIAN CHURCH
    58 MOUNT VERNON STREET
    WINCHESTER,MA01890     		NONE   GENERAL SUPPORT 4,000
    ST JUDE CHILDREN'S RESEARCH HOSP
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE   GENERAL SUPPORT 3,000
    FRONTIER MINISTRIES
    8412 CROWN PLACE
    ALEXANDRIA,VA22308     		NONE   GENERAL SUPPORT 2,000
    LUPUS FOUNDATION OF AMERICA
    2121 K STREET NW ST 200
    WASHINGTON,DC20037     		NONE   GENERAL SUPPORT 5,000
    Total .................................bullet 3a 366,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....         161,071
    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.....         19,338
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    1 808 104,764
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEE REIMBURSEMENTS     		        5
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   808 285,178
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    285,986
    (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:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 4,750     4,750

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

    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    U.S. TREASURY NOTE   PURCHASE 2018-01   46,308 46,655     -347  
    U.S. TREASURY NOTE   PURCHASE 2018-01   23,631 23,824     -193  
    U.S. TREASURY NOTE   PURCHASE 2018-01   23,573 23,635     -62  
    TEVA PHARMACEUTICALS   PURCHASE 2018-01   23,780 25,449     -1,669  
    U.S. TREASURY NOTE   PURCHASE 2018-01   23,411 23,757     -346  
    HOLLYFRONTIER CORP   PURCHASE 2018-01   29,153 21,980     7,173  
    REGAL ENTERTAINMENT CORP   PURCHASE 2018-01   33,789 31,774     2,015  
    MAINGATE MLP FUND   PURCHASE 2018-01   48,595 53,885     -5,290  
    U.S. TREASURY NOTE   PURCHASE 2018-02   1,821 1,897     -76  
    U.S. TREASURY NOTE   PURCHASE 2018-02   4,914 4,963     -49  
    MFS CORPORATE BOND FUND   PURCHASE 2018-02   7,617 7,694     -77  
    TCW CORE FIXED INCOME FUND   PURCHASE 2018-02   7,071 7,306     -235  
    MAINGATE MLP FUND   PURCHASE 2018-02   43,800 48,650     -4,850  
    PRUDENTIAL HIGH YIELD FUND   PURCHASE 2018-02   9,937 9,485     452  
    FIDELITY INVESTMENT GRADE BOND FUND   PURCHASE 2018-02   22,654 22,567     87  
    VANGUARD TOTAL BOND MARKET INDEX FUN   PURCHASE 2018-02   21,621 22,479     -858  
    FRANKLIN INCOME FUND   PURCHASE 2018-02   83,192 87,996     -4,804  
    TCW CORE FIXED INCOME FUND   PURCHASE 2018-02   27,475 28,495     -1,020  
    VANGUARD TOTAL BOND MARKET INDEX FUN   PURCHASE 2018-02   89,744 94,013     -4,269  
    U.S. TREARSURY NOTE   PURCHASE 2018-02   11,777 11,817     -40  
    U.S. TREASURY NOTE   PURCHASE 2018-02   22,740 23,702     -962  
    PEPSICO INC.   PURCHASE 2018-02   16,081 13,044     3,037  
    ALTRIA GOUP   PURCHASE 2018-02   26,326 25,344     982  
    GENERAL ELECTRIC CO.   PURCHASE 2018-02   14,572 27,063     -12,491  
    U.S. TREASURY NOTE   PURCHASE 2018-03   1,912 1,954     -42  
    U.S. TREASURY NOTE   PURCHASE 2018-03   2,905 2,956     -51  
    U.S. TREASURY NOTE   PURCHASE 2018-03   982 985     -3  
    U.S. TREASURY NOTE   PURCHASE 2018-03   3,021 3,072     -51  
    U.S. TREASURY NOTE   PURCHASE 2018-03   3,927 3,970     -43  
    U.S. TREASURY NOTE   PURCHASE 2018-03   950 978     -28  
    U.S. TREASURY NOTE   PURCHASE 2018-03   911 944     -33  
    CITIGROUP, INC.   PURCHASE 2018-03   990 1,001     -11  
    JPMORGAN CHASE & CO.   PURCHASE 2018-03   1,040 1,049     -9  
    BIOGEN INC.   PURCHASE 2018-03   997 1,019     -22  
    U.S. TREASURY NOTE   PURCHASE 2018-03   22,578 22,831     -253  
    MFS CORPORATE BOND FUND   PURCHASE 2018-03   27,063 27,838     -775  
    U.S. TREASURY NOTE   PURCHASE 2018-03   22,571 22,831     -260  
    U.S. TREASURY NOTE   PURCHASE 2018-03   22,797 23,596     -799  
    BAIRD AGGREGATE BOND FUND   PURCHASE 2018-03   3,325 3,338     -13  
    DOUBLELINE TOTAL RETURN BOND FUND   PURCHASE 2018-03   3,600 3,600        
    FIDELITY INVESTMENT GRADE   PURCHASE 2018-03   3,306 3,336     -30  
    VANGUARD HIGH DIVIDEND YIELD   PURCHASE 2018-04   12,274 10,578     1,696  
    DOUBLELINE TOTAL RETURN BOND FUND   PURCHASE 2018-04   4,027 4,019     8  
    BAIRD AGGREGATE BOND FUND   PURCHASE 2018-04   12,755 12,755        
    FIDELITY INVESTMENT GRADE BOND FUND   PURCHASE 2018-04   12,830 12,880     -50  
    WELLS FARGO & CO.   PURCHASE 2018-04   48,526 32,118     16,408  
    CISCO SYSTEMS INC.   PURCHASE 2018-04   993 999     -6  
    FORD MOTOR CREDIT CO.   PURCHASE 2018-04   996 1,015     -19  
    U.S. TREASURY NOTE   PURCHASE 2018-04   1,904 1,956     -52  
    ANHEUSER BUSCH INBEV FINANCE, INC.   PURCHASE 2018-04   1,995 2,000     -5  
    AMERICAN HONDA FINANCE CORP   PURCHASE 2018-04   994 999     -5  
    COMCAST CORP.   PURCHASE 2018-04   1,035 1,077     -42  
    PRUDENTIAL FINANCIAL INC.   PURCHASE 2018-04   1,036 1,055     -19  
    TORONTO DOMINION BANK   PURCHASE 2018-04   1,001 1,004     -3  
    ASTRAZENECA PLC   PURCHASE 2018-04   995 1,001     -6  
    U.S. TREASURY NOTE   PURCHASE 2018-04   1,828 1,886     -58  
    MORGAN STANLEY 3.7%   PURCHASE 2018-04   995 1,012     -17  
    VALERO ENERGY CORP   PURCHASE 2018-04   961 969     -8  
    U.S. TREASURY NOTE   PURCHASE 2018-04   24,532 24,816     -284  
    U.S. TREASURY NOTE   PURCHASE 2018-04   22,587 22,651     -64  
    U.S. TREASURY NOTE   PURCHASE 2018-05   981 985     -4  
    TORONTO-DOMINION BANK   PURCHASE 2018-05   23,018 23,063     -45  
    ROYAL BANK OF CANADA   PURCHASE 2018-06   982 1,000     -18  
    U.S. TREASURY NOTE   PURCHASE 2018-06   1,961 1,985     -24  
    U.S. TREASURY NOTE   PURCHASE 2018-06   1,889 1,956     -67  
    AMERICAN HONDA FINANCE   PURCHASE 2018-06   993 999     -6  
    CAPITAL ONE FINANCIAL CORP   PURCHASE 2018-06   986 1,001     -15  
    JOHN DEERE CAPIUTAL CORP   PURCHASE 2018-06   995 1,006     -11  
    SHELL INTERNATIONALL FINANCE   PURCHASE 2018-06   989 992     -3  
    AMERICAN EXPRESS CREDIT CORP   PURCHASE 2018-06   988 1,006     -18  
    WELLS FARGO BANK   PURCHASE 2018-06   982 1,000     -18  
    BANK OF MONTREAL   PURCHASE 2018-06   987 988     -1  
    FIDELITY INVESTMENT GRADE   PURCHASE 2018-06   2,500 2,536     -36  
    BAIRD AGGREGATE BOND FUND   PURCHASE 2018-06   2,500 2,531     -31  
    CISCO SYSTEMS, INC.   PURCHASE 2018-06   22,855 22,990     -135  
    ASTRA ZENECA PLC   PURCHASE 2018-08   22,957 23,010     -53  
    BANK OF NEW YORK MELLON CORP   PURCHASE 2018-08   23,303 22,950     353  
    U.S. TREASURY NOTE   PURCHASE 2018-09   2,740 2,829     -89  
    U.S. TREASURY NOTE   PURCHASE 2018-09   45,141 45,663     -522  
    SHELL INTERNATIONAL FINANCE   PURCHASE 2018-09   22,828 22,828        
    GOLDMAN SACHS GROUP   PURCHASE 2018-09   22,446 22,458     -12  
    WESTROCK CO.   PURCHASE 2018-10   13,180 14,713     -1,533  
    KAR AUCTION SERVICES, INC.   PURCHASE 2018-10   17,461 13,144     4,317  
    3M COMPANHY COM   PURCHASE 2018-10   29,624 21,510     8,114  
    FIDELITY INVESTMENT GRADE   PURCHASE 2018-10   9,510 9,722     -212  
    BAIRD AGGREGATE BOND FUND   PURCHASE 2018-10   9,237 9,441     -204  
    U.S. TREASURY BOND   PURCHASE 2018-10   22,752 23,440     -688  
    VANGUARD HIGH DIVIDEND YIELD   PURCHASE 2018-11   87,905 74,046     13,859  
    COMCAST CORP CLASS A   PURCHASE 2018-11   32,905 29,690     3,215  
    U.S. TREASURY BOND   PURCHASE 2018-11   58,898 59,541     -643  
    U.S. TREASURY NOTE   PURCHASE 2018-11   37,636 39,113     -1,477  
    U.S. TREASURY NOTE   PURCHASE 2018-11   57,661 58,905     -1,244  
    U.S. TREASURY NOTE   PURCHASE 2018-11   139,954 143,891     -3,937  
    U.S. TREASURY NOTE   PURCHASE 2018-11   69,675 71,242     -1,567  
    VERIZON COMMUNICATIONS INC.   PURCHASE 2018-11   4,973 4,106     867  
    WASTE MANAGEMENT INC.   PURCHASE 2018-11   8,082 5,918     2,164  
    QUALCOMM INC   PURCHASE 2018-11   2,152 2,041     111  
    PROCTER & GAMBLE CO.   PURCHASE 2018-11   4,547 4,387     160  
    SABRE CORP   PURCHASE 2018-11   3,841 3,325     516  
    RAYTHEON CO.   PURCHASE 2018-11   4,936 3,819     1,117  
    U;S. BANCORP   PURCHASE 2018-11   3,991 3,337     654  
    NEXTERA ENERGY   PURCHASE 2018-11   12,285 3,844     8,441  
    WALMART,INC.   PURCHASE 2018-11   12,854 8,314     4,540  
    ONEOK INC.   PURCHASE 2018-11   5,456 5,212     244  
    PEPSI CO INC.   PURCHASE 2018-11   3,081 1,881     1,200  
    PFIZER, INC.   PURCHASE 2018-11   29,334 23,640     5,694  
    PRUDENTIAL FINANCIAL INC.   PURCHASE 2018-11   21,233 16,559     4,674  
    AT&T INC.   PURCHASE 2018-11   7,309 9,596     -2,287  
    EXXON MOBIL CORP   PURCHASE 2018-11   246 264     -18  
    EATON CORP PLC   PURCHASE 2018-11   7,524 6,002     1,522  
    BLACKROCK INC.   PURCHASE 2018-11   5,333 4,469     864  
    GILEAD SCIENCES INC.   PURCHASE 2018-11   1,465 1,531     -66  
    JPMORGAN CHASE & CO.   PURCHASE 2018-11   21,604 7,296     14,308  
    COCA COLA CO.   PURCHASE 2018-11   6,134 5,278     856  
    BANK OF AMERICA   PURCHASE 2018-11   4,410 5,044     -634  
    ELI LILLY & CO.   PURCHASE 2018-11   17,159 12,106     5,053  
    DOMINION RESOURCES INC.   PURCHASE 2018-11   1,751 1,843     -92  
    HOME DEPOT INC.   PURCHASE 2018-11   4,009 4,504     -495  
    CLOROX CO.   PURCHASE 2018-11   11,116 9,369     1,747  
    CHEVRON CORP   PURCHASE 2018-11   7,141 6,696     445  
    ARTHUR J. GALLAGHER & CO.   PURCHASE 2018-11   20,315 12,752     7,563  
    AIR PRODUCTS & CHEMICALS   PURCHASE 2018-11   4,573 4,808     -235  
    LOCKHEED MARTIN CORP   PURCHASE 2018-11   9,386 7,870     1,516  
    MICROSOFT CORP   PURCHASE 2018-11   21,261 9,902     11,359  
    BB&T CORP   PURCHASE 2018-11   14,661 10,599     4,062  
    MERCK & CO.   PURCHASE 2018-11   18,022 14,164     3,858  
    LYONDELLBASELL INDUSTRIES NV   PURCHASE 2018-11   8,500 7,763     737  
    ALLIANT ENERGY CORP   PURCHASE 2018-11   5,999 5,454     545  
    MCCORMICK & CO.   PURCHASE 2018-11   5,714 4,050     1,664  
    FIDELITY INVESTMENT GRADE   PURCHASE 2018-11   59,788 61,526     -1,738  
    VANGUARD SMALL CAP INDEX   PURCHASE 2018-11   67,123 59,433     7,690  
    DOUBLELINE TOTAL RETURN BOND FUND   PURCHASE 2018-11   19,580 19,981     -401  
    BAIRD AGGREGATE BOND FUND   PURCHASE 2018-11   59,805 61,598     -1,793  
    VANGUARD MID-CAP INDEX FUND   PURCHASE 2018-11   57,670 50,978     6,692  
    FEDERAL NATIONAL MORTGAGE ASSOC.   PURCHASE 2018-11   3,693 3,711     -18  
    JPMORGAN CHASE & CO.   PURCHASE 2018-11   22,348 22,431     -83  
    MOLSON COORS BREWING CO.   PURCHASE 2018-11   3,953 4,102     -149  
    TOYOTA MOTOR CREDIT CORP   PURCHASE 2018-11   2,972 3,002     -30  
    WALMART INC.   PURCHASE 2018-11   3,978 3,996     -18  
    VERIZON COMMUNICATIONS INC.   PURCHASE 2018-11   3,586 3,685     -99  
    JOHN DEERE CAPITAL CORP   PURCHASE 2018-11   22,865 23,089     -224  
    VALERO ENERGY CORP   PURCHASE 2018-11   2,762 2,909     -147  
    TD AMERITRADE HOLDING CORP   PURCHASE 2018-11   2,983 2,993     -10  
    SUNTRUST BANK   PURCHASE 2018-11   4,838 5,006     -168  
    APPLE INC. 2.1%   PURCHASE 2018-11   3,812 3,969     -157  
    BP CAPITAL MARKETS AMERICA   PURCHASE 2018-11   2,966 3,006     -40  
    EQUINOR ASA   PURCHASE 2018-11   4,002 4,051     -49  
    FORD MOTOR CREDIT CO.   PURCHASE 2018-11   2,949 3,039     -90  
    APPLE INC. 2.3%   PURCHASE 2018-11   3,857 3,993     -136  
    CHARLES SCHWAB CORP   PURCHASE 2018-11   2,991 3,004     -13  
    AIR LEASE CORP   PURCHASE 2018-11   2,952 2,953     -1  
    DUKE ENERGY CORP   PURCHASE 2018-11   3,814 3,911     -97  
    WELLS FARGO BANK   PURCHASE 2018-11   2,939 3,000     -61  
    BIOGEN INC.   PURCHASE 2018-11   4,950 5,072     -122  
    MORGAN STANLEY 3.7%   PURCHASE 2018-11   7,809 8,090     -281  
    ROYAL BANK OF CANADA 2.5%   PURCHASE 2018-11   2,945 3,000     -55  
    CSX CORP   PURCHASE 2018-11   22,153 22,991     -838  
    PAR VALUE OF FIFTH THIRD BANK 2.25%   PURCHASE 2018-11   4,841 4,955     -114  
    PROVINCE OF BRITISH COLUMBIA 2.65%   PURCHASE 2018-11   2,957 2,973     -16  
    AMGEN INC. 2.25%   PURCHASE 2018-11   3,726 3,792     -66  
    BANK OF NOVA SCOTIA 1.85%   PURCHASE 2018-11   2,945 2,944     1  
    BANK OF MONTREAL 1.5%   PURCHASE 2018-11   2,970 2,970        
    ORACLE 2,624%   PURCHASE 2018-11   2,889 2,993     -104  
    U.S. TREASURY NOTE   PURCHASE 2018-11   4,818 4,869     -51  
    INTERNATIONAL BUSINESS MACHINES   PURCHASE 2018-11   2,990 3,005     -15  
    COMCAST CORP 5.7%   PURCHASE 2018-11   4,068 4,310     -242  
    PRUDENTIAL FINANCIAL, INC. 4.5%   PURCHASE 2018-11   3,069 3,120     -51  
    INTEL CORP. 3.3%   PURCHASE 2018-11   4,004 4,108     -104  
    TOYOTA MOTOR CREDIT CORP.   PURCHASE 2018-11   4,008 4,103     -95  
    GILEAD SCIENCES, INC. 3.65%   PURCHASE 2018-11   2,906 3,048     -142  
    WALGREENS BOOT ALLIANCE   PURCHASE 2018-11   2,923 3,048     -125  
    CAPITAL ONE FINANCIAL CORP.   PURCHASE 2018-11   2,955 3,003     -48  
    AMERICAN EXPRESS CREDIT CORP.2.6%   PURCHASE 2018-11   2,955 3,013     -58  
    KROGER CO. 2.65%   PURCHASE 2018-11   2,630 2,810     -180  
    CITIGROUP INC. 2.65%   PURCHASE 2018-11   2,952 3,003     -51  
    AMERICAN HONDA FINANCE   PURCHASE 2018-11   3,938 3,994     -56  
    CISCO SYSTEMS, INC. 2.5%   PURCHASE 2018-11   3,639 3,832     -193  
    GOLDMAN SACHS GROUP INC.   PURCHASE 2018-11   2,882 2,964     -82  
    U.S. TREASURY NOTE   PURCHASE 2018-11   5,675 5,975     -300  
    GENERAL ELECTRIC CO. 5.3%   PURCHASE 2018-11   3,037 3,186     -149  
    U.S. TREASURY NOTE   PURCHASE 2018-11   19,028 19,293     -265  
    COMCAST CORP. 5.7%   PURCHASE 2018-11   19,283 19,428     -145  
    ADJUSTMENTS ON FIXED INCOME SEC.   PURCHASE     228,011 230,653     -2,642  
    ADJUSTMENT TO INCOME FOR PREMUIMS   PURCHASE     11,435       11,435  

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BONDS & BOND FUNDS-FIXED INCOME 2,493,963 2,455,723

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY    
    AIR PRODUCTS AND CHEMICALS 25,092 27,368
    ALLIANT CORP 24,545 26,617
    ALTRIA GROUP, INC.    
    ARTHUR GALLAGHER & CO. 17,003 26,532
    AT&T INC 30,913 25,144
    BB&T CORP 19,582 23,609
    BANK OF AMERICA 42,437 35,556
    BARON EMERGING MARKETS INST. 439,478 434,519
    BLACKROCK INC. 22,150 26,319
    BRISTOL MYERS SQUIBB CO 16,111 13,567
    CHEVRON CORP 34,656 36,989
    CHUBB LIMITED 37,658 40,821
    CLOROX CO. 22,960 26,820
    COCA COLA, INC. 23,249 26,279
    COMCAST CORP. 27,114 24,175
    DOMINION RES INC VA 28,377 27,512
    EATON CORP 21,656 25,267
    ELI LILLY & CO. 18,773 28,004
    EXXON MOBIL CORP 39,329 33,890
    FRANKLIN INCOME FUND    
    GENERAL ELECTRIC CO.    
    GILEAD SCIENCES, INC. 28,364 24,332
    HASBRO INC. 24,702 22,669
    HELMERICH & PAYNE INC. 29,701 20,758
    HOLLYWOODFRONTIER CORPORATION    
    HOME DEPOT 26,667 25,429
    INVESCO LTD. 19,714 10,463
    J. P. MORGAN CHASE & CO. 13,708 36,315
    KAR AUCTION SERVICES, INC.    
    KRAFT HEINZ CO. 42,313 22,252
    LOCKHEED MARTIN CORP 22,596 23,304
    LYONDELLBASELL INDUSTRIES CL A 24,263 24,033
    MAINGATE MLP FUND    
    MCCORMICK & CO. 19,314 25,899
    MERCK & CO. INC. 31,374 42,331
    METLIFE, INC. 28,557 24,923
    MICROSOFT CORP 12,603 25,596
    MSC INDUSTRIAL DIRECT CO. 14,315 12,230
    NASDAQ INC. 26,325 24,960
    NEXTERA ENERGY INC. 8,436 27,464
    OCCIDENTAL PETROLEUM 15,088 11,969
    OMNICOM GROUP INC. 30,397 26,586
    ONEOK INC. 12,969 11,545
    PEPSICO INC. 8,220 13,037
    PFIZER INC. 21,739 27,194
    PPL CORP 34,062 24,817
    PROCTER & GAMBLE 26,060 27,300
    PRUDENTIAL FINANCIAL INC. 20,306 22,589
    QUALCOMM INC 23,100 24,244
    RAYTHEON CO. 10,425 11,348
    REGAL ENTERTAINMENT GROUP    
    SABRE CORP. 11,691 11,794
    SCHLUMBERGER LTD. 56,411 28,287
    UPS 28,008 24,675
    US BANCORP 22,569 23,490
    VANGUARD DEVELOPED MARKETS INDEX 568,909 557,709
    VANGUARD HIGH DVD YIELD ETF    
    VANGUARD MID-CAP INDEX FD ADM 243,527 272,535
    VANGUARD SMALL CAP INDEX 249,612 266,119
    VERIZON COMMUNICATIONS 22,325 26,592
    WAL MART STORES INC. 17,426 24,405
    WASTE MANAGEMENT INC 16,951 27,409
    WELLS FARGO & CO.    
    WESTROCK COMPANY    
    WILLIAMS SONOMA INC. 13,561 10,948

    TY 2018 OtherAssetsSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LAND AND TIMBER 3,015,352 3,015,352 3,996,936
    MINERAL INTERESTS-NON PRODUCING 2 2 2


    TY 2018 OtherDecreasesSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Description Amount
    ACCRETION OF PREMIUMS 16,959


    TY 2018 OtherExpensesSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FIDUCIARY FEES 50,082     50,082
    INSURANCE-HUNTING LEASES 2,486 2,486    


    TY 2018 OtherIncomeSchedule2
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL/GAS ROYALTIES/RENTAL-NET 19,338 19,338 19,338
    FEE REIMBURSEMENTS 5 5 5


    TY 2018 TaxesSchedule
    Name:
    A H BEAN FOUNDATION INC
    EIN:
    63-6134142
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY AND EXCISE TAXES 6,815 6,815