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

45-3824338
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$871,864J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,727 1,727  
4 Dividends and interest from securities... 58,842 58,842  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 282,502
b Gross sales price for all assets on line 6a 3,958,831
7 Capital gain net income (from Part IV, line 2)... 262,138
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 275 275  
12 Total. Add lines 1 through 11........ 343,346 322,982  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 15,777 15,777    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,479      
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 20,025     20,025
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 59,281 15,777   20,025
25 Contributions, gifts, grants paid....... 3,286,300 3,286,300
26 Total expenses and disbursements. Add lines 24 and 25 3,345,581 15,777   3,306,325
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,002,235
b Net investment income (if negative, enter -0-) 307,205
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 194,397 13,979 13,979
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)....... 3,662,203 Click to see attachment840,386 857,885
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,856,600 854,365 871,864
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,856,600 854,365
30 Total net assets or fund balances (see instructions)..... 3,856,600 854,365
31 Total liabilities and net assets/fund balances (see instructions). 3,856,600 854,365
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,856,600
2
Enter amount from Part I, line 27a .....................
2
-3,002,235
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
854,365
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
854,365
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,958,831   3,696,693 262,138
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       262,138
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 2 262,138
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 7,640,768 7,159,983 1.067149
2016 5,826,610 9,060,135 0.643104
2015 4,042,296 12,686,337 0.318634
2014 2,066,148 15,007,442 0.137675
2013 536,508 15,092,983 0.035547
2
Total of line 1, column (d) .....................
2
2.202109
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
0.440422
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,028,049
5
Multiply line 4 by line 3......................
5
1,333,619
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,072
7
Add lines 5 and 6........................
7
1,336,691
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,306,325
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 3,072
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 3,072
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 3,072
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 6,300
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 6,300
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,228
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,228 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
Yes
 
If "Yes," attach the statement required by General Instruction T.Click to see attachment
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)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Gary J Rubens Pres, Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Jennifer Rubens Dir, VP
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,844,210
    b
    Average of monthly cash balances.......................
    1b
    229,951
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,074,161
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,074,161
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    46,112
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,028,049
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    151,402
    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
    151,402
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,072
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,072
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    148,330
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    148,330
    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
    148,330
    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
    3,306,325
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,306,325
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    3,072
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,303,253
    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 7 148,330
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 2,833,689
    d From 2016...... 5,384,743
    e From 2017...... 7,334,183
    fTotal of lines 3a through e........ 15,552,615
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,306,325
    a Applied to 2017, but not more than line 2a  
    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..... 148,330
    e Remaining amount distributed out of corpus 3,157,995
    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 18,710,610
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    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 ......     		18,710,610
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 2,833,689
    c Excess from 2016.... 5,384,743
    d Excess from 2017.... 7,334,183
    e Excess from 2018.... 3,157,995
    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).)
    Gary J Rubens
    JENNIFER RUBENS
    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
    COLLEGE ACCESS NOW
    3211 MARTIN LUTHER KING JR WAY S
    SEATTLE,WA98144     		N/A PC General & Unrestricted 50,000
    PASADOS SAFE HAVEN
    PO BOX 171
    SULTAN,WA98294     		N/A PC Charitable Event 1,050
    PROGRESSIVE ANIMAL WELFARE SOCIETY INC
    15305 44TH AVE W
    LYNNWOOD,WA98087     		N/A PC General & Unrestricted 10,250
    RAINIER SCHOLARS
    2100 24TH AVE S STE 360
    SEATTLE,WA98144     		N/A PC unrestricted funding AND Rainier Scholarships fund 200,000
    SEATTLE GOODWILL INDUSTRIES
    700 DEARBORN PL S
    SEATTLE,WA98144     		N/A PC Charitable Event 15,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    1900 COMMERCE ST
    TACOMA,WA98402     		N/A PC Women's Center Gift Fund 10,000
    WASHINGTON STEM CENTER
    210 S HUDSON ST
    SEATTLE,WA98134     		N/A PC WSOS Scholarship fund 3,000,000
    Total .................................bullet 3a 3,286,300
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,727  
    4 Dividends and interest from securities....     14 58,842  
    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 ............     		    18 282,502  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFOREIGN CURRENCY GAIN     		    01 275  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   343,346  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    343,346
    (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

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

    TY 2018 DepreciationSchedule
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 4,275 4,382
    ABBVIE INC 5,739 5,439
    ABIOMED 762 650
    ACCENTURE PLC 2,841 3,525
    ACCO BRANDS CORPORATION 85 54
    ACUITY BRANDS INC 206 115
    ADOBE SYSTEMS, INC 2,444 4,299
    ADVANCED MICRO DEVICES INC 481 646
    AES CORP 281 362
    AGCO CP 151 167
    AGILENT TECHNOLOGIES INC 641 877
    AIR LEASE CORP 146 121
    AIR PRODS & CHEM INC 1,113 1,280
    ALBEMARLE CP 374 308
    ALIGN TECHNOLOGY, INC 308 628
    ALLEGION PLC 315 319
    ALLIANT CORP 338 380
    ALLSTATE CORP 1,084 1,157
    ALLY FINANCIAL INC 374 431
    ALPHABET INC CL A 10,114 12,539
    ALPHABET INC CL C 10,627 12,426
    AMERICAN EXPRESS CO 2,311 2,669
    AMERICAN TOWER REIT INC 1,770 2,689
    AMERICAN WATER WORKS COMPANY I 511 635
    AMERIPRISE FINANCIAL INC 590 522
    AMERISOURCEBERGEN CORP 616 521
    AMGEN INC 3,902 4,672
    ANALOG DEVICES INC 978 1,116
    ANSYS INC 280 429
    APACHE CORPORATION 583 394
    APPLIED IDNS TECH 101 108
    APPLIED MATERIALS INC 1,878 1,539
    APTIV PLC 801 554
    ARAMARK 365 319
    ARCHER DANIELS MDLND 1,188 1,024
    ASGN INC 67 109
    AUTODESK, INC 745 1,157
    AUTOLIV INC 499 421
    AUTOMATIC DATA PROCESSING INC 1,638 2,229
    AUTONATION INC 104 71
    AVALONBAY CMNTYS INC 878 870
    AVERY DENNISON CORP 80 90
    AVIS BUDGET GROUP INC 113 67
    AVISTA CORP 76 85
    AXALTA COATING SYSTEMS LTD 265 211
    BAKER HUGHES A GE COMPANY 999 344
    BALL CP 421 506
    BANK NEW YORK MELLON CORP COM 1,748 1,836
    BANK OF HAWAII CORP 149 135
    BB&T CP 1,597 1,343
    BECTON DICKINSON & CO 2,171 2,479
    BEST BUY INC 356 424
    BIO TECHNE CORPORATION 586 579
    BIOGEN INC 2,258 2,407
    BIOMARIN PHARMACEUTICAL INC 619 596
    BLACKROCK INC 1,858 1,964
    BOOKING HOLDINGS INC 3,148 3,445
    BORG WARNER INC 164 139
    BOSTON PPTYS INC 651 563
    BRISTOL-MYERS SQUIBB CO 3,284 3,275
    BUILDERS FIRST SOURCE INC 62 65
    BUNGE LTD 346 267
    C H ROBINSON WORLDWIDE INC 383 420
    CADENCE DESIGN SYSTEMS INC 287 478
    CALERES INC 111 83
    CALLAWAY GOLF CO 40 61
    CAMPBELL SOUP CO 438 231
    CARDINAL HEALTH INC 968 580
    CARMAX INC 455 439
    CATERPILLAR INC 2,448 2,923
    CATHAY GENERAL BANCORP 181 168
    CBRE GROUP 513 601
    CELGENE CORP 3,195 1,795
    CENTENE CORP 491 692
    CENTERPOINT ENERGY 528 536
    CENTURYLINK INC 1,151 530
    CERNER CORPORATION 590 577
    CHARLES SCHWAB CORP 2,305 2,160
    CHOICE HOTELS INTERNATIONAL IN 95 143
    CHUBB LIMITED 2,349 2,325
    CIGNA CORPORATION 1,781 2,089
    CINCINNATI BELL INC 131 54
    CISCO SYSTEMS INC 6,165 8,189
    CITIZENS FINANCIAL GROUP, INC 630 565
    CITRIX SYSTEMS INC 469 615
    CLOROX CO 602 771
    CME GROUP, INC 1,576 2,446
    CMS ENERGY CP 594 645
    COGNEX CORPORATION 485 271
    COGNIZANT TECHNOLOGY SOLUTIONS 1,190 1,460
    COLGATE-PALMOLIVE COMPANY 2,102 1,905
    COMERICA INC 409 412
    COMMSCOPE HOLDING COMPANY INC 324 180
    CONOCOPHILLIPS 1,870 2,432
    CONSOLIDATED EDISON INC 925 918
    COOPER COMPANIES INC 374 509
    COPART INC 348 382
    CORE LABORATORIES 236 119
    CORNING INC 844 967
    CORP OFFICE PPTY TR 95 63
    CSX CORP 1,707 2,175
    CUMMINS INC 878 802
    DARDEN RESTAURANTS INC 488 499
    DECKERS OUTDOOR CORPORATION 54 128
    DEERE CO 1,289 1,790
    DELL TECHNOLOGIES INC CLASS C 228 244
    DELTA AIR LINES INC 359 349
    DELUXE CORPORATION 144 77
    DENTSPLY SIRONA INC 451 298
    DEVON ENERGY CORPORATION 655 338
    DIAMONDBACK ENERGY INC 168 185
    DIGITAL RLTY TR INC 1,161 1,066
    DISCOVERY INC - SERIES A 167 148
    DISCOVERY INC - SERIES C 257 254
    DOMINOS PIZZA INC 460 496
    DOMTAR LTD 72 70
    DOVER CORP 373 426
    DUKE REALTY CORPORATION 590 570
    DUN & BRADSTREET CORP 246 285
    EATON CORP PLC 1,191 1,167
    ECOLAB INC 1,202 1,474
    EDWARDS LIFESCIENCES 718 1,225
    EQT CORPORATION 319 189
    EQUINIX, INC 1,147 1,058
    EQUITRANS MIDSTREAM CORPORATIO 257 160
    EQUITY RESIDENTIAL PPTYS TR 995 1,056
    ESTEE LAUDER COMPANIES INC 746 1,171
    EVERSOURCE ENERGYINC 711 846
    EXPEDITORS INTL WASH INC 366 477
    EXPONENT, INC 57 101
    F5 NETWORKS, INC 143 162
    FACEBOOK INC 16,625 12,191
    FACTSET RESH SYST INC 388 400
    FASTENAL COMPANY 490 523
    FEDERAL RLTY INVT TR 251 236
    FIRST REPUBLIC BANK 557 521
    FLEETCOR TECHNOLGIES INC 592 743
    FLEXTRONICS INTERNATIONAL 304 145
    FLOWSERVE CP 246 190
    FOOT LOCKER INC N.Y. COM 184 213
    FORTINET INC 224 423
    FORTIVE CORPORATION 607 744
    FORTUNE BRANDS HOME & SECURITY 334 228
    FRANKLIN RES INC 744 593
    FULLER H B CO 125 128
    GALLAGHER ARTHUR J & CO 553 590
    GAMESTOP CORP 254 215
    GAP INC 203 232
    GARMIN LTD 199 253
    GENERAL MILLS INC 1,543 974
    GILEAD SCIENCES INC 3,713 3,190
    GRACO INC 208 293
    GRAINGER W W INC 507 565
    GRANITE CONSTRUC INC 112 81
    HANESBRANDS INC 349 188
    HARLEY DAVIDSON INC 283 171
    HARTFORD FINANCIALSERVICES GRO 245 222
    HASBRO INC 412 406
    HCA INC 905 1,369
    HD SUPPLY HLDGS INC 273 225
    HEALTH CARE PPTY INVS INC 546 447
    HEARTLAND FINANCIAL USA, INC. 75 88
    HENRY SCHEIN INC 480 471
    HESS CORP 432 405
    HEWLETT PACKARD ENTERPRISE CO 767 766
    HILTON WORLDWIDE HOLDINGS, INC 789 862
    HNI CORP 81 71
    HOLOGIC, INC 82 82
    HORMEL FOODS CP 428 512
    HOST HOTELS & RESORTS INC 502 467
    HP INC 959 1,289
    HUMANA INC 997 1,432
    ICF INTERNATIONAL, INC 47 65
    IDEXX CORP 368 558
    IHS MARKIT LTD 552 672
    ILLINOIS TOOL WORKS 1,524 1,520
    INGERSOL-RAND PLC 794 912
    INGREDION INC 254 183
    INT'L FLAVORS & FRAGRANCES INC 623 671
    INTEL CORP 6,782 8,494
    INTERCONTINENTAL EXCHANGE, INC 1,634 1,507
    INTERFACE INC CL A 64 57
    INTERNATIONAL BANCSHARES CORPO 141 103
    INTERNATIONAL BUSINESS MACHINE 6,242 4,092
    INTUIT 1,060 1,772
    INVESCO PLC 497 285
    IQVIA HOLDINGS INC 393 581
    IRON MOUNTAIN 362 324
    ITRON INC 107 95
    JACK IN THE BOX INC 107 78
    JAZZ PHARMACEUTICALS INC 239 248
    JOHNSON CONTROLS INTERNATIONAL 1,481 1,038
    JONES LANG LASALLE 208 253
    KANSAS CITY SOUTHERN 340 382
    KELLOGG CO 719 570
    KEYCORP 751 591
    KIMBERLY CLARK CORP 1,700 1,595
    KOHLS CORP 171 199
    KRAFT HEINZ CO 2,089 990
    LA Z BOY INC 69 83
    LABORATORY CORP AMER HLDGS 682 505
    LAM RESEARCH CORP 474 545
    LEGG MASON INC 125 102
    LENNOX INTL INC 212 219
    LIBERTY GLOBAL PLC - SERIES A 254 149
    LIBERTY GLOBAL PLC - SERIES C 772 454
    LIBERTY PROPERTY TRUST SBI 113 126
    LINCOLN ELECTRIC HOLDING INC 246 237
    LINDE PLC COM 3,034 3,433
    LKQ CORPORATION 382 285
    LOEWS CORP 511 455
    LOWES COMPANIES INC 2,303 2,956
    M&T BANK CORP 811 716
    MACERICH CO 205 130
    MANPOWER GROUP INC 519 389
    MARATHON OIL CORP COM 534 459
    MARATHON PETROLEUM CORP 1,058 1,239
    MARRIOTT INTERNATIONAL INC. CL 930 1,194
    MARSH AND MCLENNAN COMPANIES I 1,322 1,515
    MASCO CORP 433 380
    MATTELL INC 335 130
    MCCORMICK & CO 475 696
    MCDONALD'S CORP 3,450 4,972
    MDU RESOURCES GROUP 238 215
    MEDNAX, INC 273 132
    MERCK & CO INC 6,779 8,176
    MERITAGE CORPORATION 69 73
    MERITOR INC 41 68
    METROPOLITAN WEST TOTAL RETURN 45,211 44,643
    METTLER-TOLEDO INTL 422 566
    MICHAEL KORS HOLDINGS LIMITED 251 228
    MICROCHIP TECHNOLOGY INC 616 647
    MICROSOFT CORP 18,879 28,743
    MIDDLEBY CORPORATION 267 205
    MINERAL TECH INC 235 205
    MOHAWK INDS INC 432 234
    MONDELEZ INTERNATIONAL INC 2,509 2,282
    MOODYS CORP 829 980
    MOTOROLA SOLUTIONS INC 486 690
    N J RESOURCES CP 132 183
    NATL OILWELL VARCO 529 360
    NETFLIX INC 2,507 4,550
    NEW YORK COMNTY BANCORP INC 330 207
    NEW YORK TIMES CO CL A 57 111
    NEWELL RUBBERMAID INC 861 335
    NEWFIELD EXPLORATION CO 242 103
    NEWMONT MINING CORP 818 728
    NIKE INC-CL B 2,731 3,707
    NISOURCE INC 390 431
    NOBLE ENERGY INC 794 375
    NORDSTROM INC 219 233
    NORFOLK SOUTHERN CORP 1,315 1,645
    NORTHERN TRUST CORPORATION 667 669
    NUCOR CP 633 570
    NVIDIA CORP 3,534 3,071
    OCCIDENTAL PETROLEUM CORP 1,986 1,780
    OFFICE DEPOT INC 117 70
    OLD NATIONAL BANCORP 141 108
    OMNICOM GROUP 649 659
    ONEOK INC 890 917
    ORACLE CORP 4,868 5,373
    ORMAT TECHNOLOGIES 119 105
    OWENS CORNING 219 176
    PACCAR INC 1,137 971
    PARKER HANNIFIN CP 737 746
    PEOPLE'S UNITED FINANCIAL, INC 334 260
    PHILLIPS 66 1,615 1,637
    PIMCO FUNDS TOTAL RETURN FUND 253,434 249,941
    PIMCO INVESTMENT GRADE CORP BD 88,932 85,972
    PIMCO SHORT TERM FD INSTITUTIO 66,170 65,407
    PIONEER NAT RES CO 1,284 921
    PLANTRONICS INC 51 33
    PNC FINANCIAL GROUP INC 2,327 2,104
    POOL CORP 594 595
    POTLATCH CORP 79 63
    PPG INDUSTRIES INC 905 920
    PPL CORPORATION 673 623
    PRINCIPAL FINANCIAL GROUP 688 486
    PROCTER GAMBLE CO 8,549 8,916
    PROGRESSIVE CORP OHIO 1,310 1,569
    PROLOGIS 1,374 1,644
    PRUDENTIAL FINCL INC 1,775 1,386
    PVH CORP 277 279
    QEP RESOURCES INC 387 231
    QUANTA SVCS INC 250 211
    QUEST DIAGNOSTICS 463 416
    REGIONS FINANCIAL CORP 593 562
    RESMED INC 402 683
    ROBERT HALF INTL INC 189 229
    ROCKWELL AUTOMATION INC 739 752
    ROPER INDUSTRIES 767 1,066
    ROYAL CARRIBEAN CRUISE 658 685
    RYDER SYSTEM 215 144
    S&P GLOBAL INC COM 1,428 1,699
    SALESFORCE.COM 2,159 3,698
    SBA COMMUNICATIONS CORP 519 809
    SCHLUMBERGER LTD 4,384 1,948
    SEALED AIR CORP 340 244
    SELECT MEDICAL 65 77
    SEMPRA ENERGY COM 1,014 1,082
    SENSATA TECHNOLOGIES HOLDINGS 297 314
    SHERWIN-WILLIAMS CO 926 1,180
    SIGNATURE BANK 308 206
    SIGNET GROUP PLC SPONS ADR NAS 158 64
    SIMON PPTY GROUP INC 2,194 2,016
    SKYWORKS SOLUTIONS, INC 638 469
    SMITH A O CORP DEL COM 291 256
    SNAP ON INC 361 291
    SONOCO PRODUCTS COMPANY 283 266
    SOUTHWEST AIRLINES 316 279
    SOUTHWESTERN ENERGY CO 205 75
    SPIRIT AEROSYSTEMS HOLDINGS CL 421 360
    SPRINT NXTEL CP 243 215
    STANLEY BLACK & DECKER INC 944 718
    STARBUCKS CORP COM 2,910 3,478
    STATE STREET CORPORATION 1,064 883
    STEELECASE INC 82 89
    SVB FINANCIAL GROUP 341 380
    SYMANTEC CORP 639 435
    SYSCO CORP 995 1,191
    T. ROWE PRICE ASSOCIATES 641 831
    TD AMERITRADE HOLDING CORP 461 490
    TE CONNECTIVITY LTD 1,043 1,059
    TECHNIPFMC PLC 560 333
    TERADATA CORPORATION 149 192
    TESLA MOTORS INC 1,255 1,664
    TETRA TECH INC 77 104
    TEXAS INSTRUMENTS INC 2,884 3,591
    THE COCA-COLA CO 6,627 7,434
    THE HAIN CELESTIAL GROUP, INC 156 63
    THE JM SMUCKER COMPANY 678 467
    THE MOSAIC CO 543 497
    TIFFANY & CO 312 322
    TIMKEN CO COM 88 75
    TRACTOR SUPPLY CO COM 362 417
    TRANSUNION COM USD0.01 523 398
    TRAVELERS COMPANIES INC 1,176 1,198
    TRIMBLE NAV LTD 296 329
    TRUEBLUE, INC 87 67
    TUPPERWARE CORP 237 126
    U G I CP 402 373
    UDR INC 207 238
    ULTA SALON, COSMETICS & FRAGRA 542 490
    UMPQUA HOLDINGS CORPORATION 122 127
    UNDER ARMOUR INC CL A 165 141
    UNDER ARMOUR INC CL C 226 146
    UNION PACIFIC 3,795 4,147
    UNITED NATURAL FOODS, INC 127 32
    UNITED PARCEL SERVICE 2,958 2,633
    UNITED RENTALS INC 381 308
    V F CORP 659 927
    VAIL RESORTS INC 171 211
    VALERO ENERGY CORP 1,438 1,349
    VARIAN MEDICAL SYSTEMS INC 335 340
    VERIZON COMMUNICATIONS 7,790 8,995
    VERTEX PHARMCTLS INC 866 1,657
    VMWARE INC 329 411
    VORNADO RLTY TR 421 310
    VOYA FINANCIAL INC 286 281
    WABTEC 379 281
    WALT DISNEY HOLDINGS CO 6,643 6,579
    WATERS CORP 435 566
    WEC ENERGY GROUP, INC 783 900
    WESTERN UNION CO 371 324
    WESTROCK COMPANY 532 378
    WEYERHAEUSER CO 910 634
    WHIRLPOOL CORP 506 321
    WILEY JOHN & SONS INC CL A 101 94
    WILLIS TOWERS WATSON PUBLIC LT 622 759
    WORKDAY INC 584 958
    XEROX CP 227 158
    XYLEM INC 344 467
    ZOETIS INC 1,058 1,625

    TY 2018 LiquidationExplanationStmt
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Statement:
    As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2018, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $3,286,300. This amount represents 25% or more of the Foundation's net assets of $4,188,119 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2018. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.


    TY 2018 OtherExpensesSchedule
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 20,000     20,000
    State or Local Filing Fees 25     25


    TY 2018 OtherIncomeSchedule2
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Foreign Currency Gain 275 275  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 15,777 15,777    


    TY 2018 TaxesSchedule
    Name:
    Rubens Family Foundation
    EIN:
    45-3824338
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2018 6,300      
    990-PF Extension for 2017 17,179