Form990-PF
Click to see list of attachments

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
BAUGHMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1356
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LIBERAL, KS67905
A Employer identification number

48-6108797
B Telephone number (see instructions)

(620) 624-1371
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$30,378,691J 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 4,143 4,143  
4 Dividends and interest from securities... 426,952 426,952  
5a Gross rents............ 389,928 389,928  
b Net rental income or (loss) 269,337
6a Net gain or (loss) from sale of assets not on line 10 243,497
b Gross sales price for all assets on line 6a 16,422,954
7 Capital gain net income (from Part IV, line 2)... 243,497
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 150,877 150,746  
12 Total. Add lines 1 through 11........ 1,215,397 1,215,266  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,000 45,000   45,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 6,421 3,211   3,210
b Accounting fees (attach schedule)....... Click to see attachment 5,427 2,714   2,713
c Other professional fees (attach schedule).... Click to see attachment 78,553 78,553    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,266 2,756   1,397
19 Depreciation (attach schedule) and depletion... Click to see attachment 228 228  
20 Occupancy.............. 5,140 2,570   2,570
21 Travel, conferences, and meetings....... 324 162   162
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 127,677 125,984   1,693
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 388,036 261,178   56,745
25 Contributions, gifts, grants paid....... 1,636,576 1,636,576
26 Total expenses and disbursements. Add lines 24 and 25 2,024,612 261,178   1,693,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -809,215
b Net investment income (if negative, enter -0-) 954,088
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......... 672,416 620,971 678,076
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)....... 7,380,168 Click to see attachment8,059,689 7,302,143
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet1,161,255
Less: accumulated depreciation (attach schedule) bullet54,045 1,107,210 Click to see attachment1,107,210 11,741,648
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,386,247 Click to see attachment10,962,166 10,651,423
14 Land, buildings, and equipment: basis bullet32,471
Less: accumulated depreciation (attach schedule) bullet32,319 380 Click to see attachment152  
15 Other assets (describe bullet) Click to see attachment31,196 Click to see attachment18,161 Click to see attachment5,401
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,577,617 20,768,349 30,378,691
Liabilities 17 Accounts payable and accrued expenses.......... 972 919
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)......... 972 919
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.................. 21,576,645 20,767,430
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    
30 Total net assets or fund balances (see instructions)..... 21,576,645 20,767,430
31 Total liabilities and net assets/fund balances (see instructions). 21,577,617 20,768,349
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
21,576,645
2
Enter amount from Part I, line 27a .....................
2
-809,215
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
20,767,430
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
20,767,430
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 2215 XXX-XX-XXXX CHEESECAKE FACTORY INC P 2018-01-25 2018-12-20
b 3890 30231G102 EXXON MOBIL CORP P 2018-03-20 2018-11-28
c 7200 31787A507 FINISAR CORP P 2018-03-05 2018-08-23
d 450 XXX-XX-XXXX INGEDION INCORPORATED P 2018-02-01 2018-12-06
e 1695 XXX-XX-XXXX INTEGRATED DEVICE TECH P 2017-01-31 2018-01-29
6945 XXX-XX-XXXX INTERPUBLIC GRP CO INC P 2018-01-03 2018-12-06
6995 49456B101 KINDER MORGAN INC DEL P 2018-03-05 2018-12-19
1290 XXX-XX-XXXX LANNETT COMPANY INC P 2018-03-05 2018-08-21
4440 XXX-XX-XXXX NEWELL BRANDS INC P 2018-01-03 2018-01-25
1995 XXX-XX-XXXX PULTE GROUP INC P 2018-03-05 2018-10-12
2435 82481R106 SHIRE PLC P 2018-03-26 2018-10-12
10360 XXX-XX-XXXX SKECHERS USA INC P 2017-09-19 2018-02-23
14260 XXX-XX-XXXX SOUTHWESTERN ENERGY CO P 2017-05-25 2018-03-05
2635 87157D109 SYNAPTICS INC P 2018-03-05 2018-04-03
7320 XXX-XX-XXXX UNITED STATES STEEL CORP P 2017-07-28 2018-02-21
4115 92342Y109 VERIFONE SYSTEMS INC P 2018-03-05 2018-04-10
1390 M51363113 MELLANOX TECHNOLOGY LTD P 2017-04-27 2018-01-05
2155 02005N100 ALLY FINANCIAL INC P 2014-06-13 2018-01-29
3760 XXX-XX-XXXX AMERICAN EQUITY INVESTMENT LIF P 2017-01-12 2018-08-23
1290 XXX-XX-XXXX BANK OF AMERICA CORP P 2015-11-03 2018-01-29
275 09062X103 BIOGEN INC P 2016-03-21 2018-07-24
2180 15135B101 CENTENE CORP P 2017-02-09 2018-06-29
2270 31787A507 FINISAR CORP P 2017-08-21 2018-08-23
2330 XXX-XX-XXXX HARTFORD FINL SVCS GROUP INC P 2013-08-06 2018-01-03
1750 XXX-XX-XXXX INGEDION INCORPORATED P 2017-06-29 2018-12-06
5955 XXX-XX-XXXX INTEGRATED DEVICE TECH P 2017-05-02 2018-09-12
440 XXX-XX-XXXX INTERNATIONAL PAPER CO P 2011-03-09 2018-01-29
315 46625H100 JPMORGAN CHASE & CO P 2013-11-05 2018-01-29
12940 49456B101 KINDER MORGAN INC DEL P 2017-04-12 2018-12-19
13265 XXX-XX-XXXX LANNETT COMPANY INC P 2017-05-05 2018-08-21
6485 69318G106 PBF ENERGY INC P 2016-07-29 2018-08-08
7555 XXX-XX-XXXX PULTE GROUP INC P 2017-06-29 2018-10-12
4105 XXX-XX-XXXX QUALCOMM INC P 2015-08-25 2018-04-03
405 83088M102 SKYWORKS SOLUTIONS INC P 2016-08-02 2018-06-29
1850 XXX-XX-XXXX J M SMUCKER CO P 2017-08-25 2018-11-13
6220 XXX-XX-XXXX SOUTHWESTERN ENERGY CO P 2017-02-24 2018-03-05
13925 92342Y109 VERIFONE SYSTEMS INC P 2017-01-17 2018-04-10
575 XXX-XX-XXXX VOYA FINANCIAL INC P 2014-05-28 2018-01-29
445 XXX-XX-XXXX AIA GROUP LTD SPONSORED ADR P 2018-11-14 2018-12-31
147169.811 00170L834 AMG FUNDS III MANAGERS LOOMIS P 2018-03-02 2018-11-13
11727.804 00769G543 ADVISORS INNER CIRCLE FUND CAM P 2017-12-29 2018-11-13
3639 12562Y100 CK HUTCHISON ADR HOLDINGS LTD P 2018-11-14 2018-11-15
989 22943F100 CTRIP.COM INTERNATIONA; P 2018-11-14 2018-11-15
7350 XXX-XX-XXXX LLOYDS BANKING GROUP PLC P 2018-11-14 2018-12-18
490 XXX-XX-XXXX PHILIP MORRIS INTERNATIONAL IN P 2018-11-14 2018-12-24
733 XXX-XX-XXXX SCHLUMBERGER LTD P 2018-11-14 2018-12-17
18059.124 XXX-XX-XXXX THORNBURG INTL VALUE INTERANTI P 2017-12-26 2018-11-13
34842.431 00769G543 ADVISORS INNER CIRCLE FUND CAM P 2016-12-30 2018-11-13
375000 XXX-XX-XXXX DOUBLELINE FDS TR TOTAL RETURN P 2014-09-25 2018-03-01
5937 XXX-XX-XXXX ISHARES MSCI ETF EMERGING MKTS P 2017-02-22 2018-11-14
35717.832 XXX-XX-XXXX THORNBURG INTL VALUE INT'L VAL P 2017-09-25 2018-11-13
32188.549 92828W361 VIRTUS FUNDS VIRTUS VONTOBEL E P 2015-11-16 2018-11-14
Capital Gain Dividends      
(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 95,569   108,667 -13,098
b 303,475   293,019 10,456
c 139,209   156,720 -17,511
d 50,819   58,444 -7,625
e 56,723   42,942 13,781
158,004   139,034 18,970
110,035   125,371 -15,336
7,094   21,066 -13,972
110,649   141,052 -30,403
62,724   47,264 15,460
416,619   341,284 75,335
411,617   255,331 156,286
60,520   102,180 -41,660
117,773   130,049 -12,276
296,826   163,963 132,863
93,120   73,476 19,644
90,237   61,834 28,403
65,257   54,038 11,219
135,204   85,469 49,735
41,485   22,266 19,219
102,655   66,023 36,632
266,499   134,593 131,906
45,044   52,686 -7,642
127,425   71,494 55,931
174,239   205,500 -31,261
277,433   142,273 135,160
28,626   11,530 17,096
36,704   16,408 20,296
198,872   255,414 -56,542
124,758   314,606 -189,848
283,300   163,979 119,321
192,283   176,285 15,998
243,421   249,174 -5,753
39,455   26,679 12,776
205,643   212,512 -6,869
26,398   53,521 -27,123
315,113   236,746 78,367
31,051   21,255 9,796
14,656   14,436 220
3,789,623   3,900,000 -110,377
295,189   328,687 -33,498
37,117   36,911 206
26,350   26,197 153
19,110   22,271 -3,161
32,597   41,921 -9,324
28,846   35,050 -6,204
392,605   486,866 -94,261
904,477   863,294 41,183
3,930,000   4,095,530 -165,530
249,467   230,415 19,052
809,106   969,207 -160,101
336,824   294,525 42,299
      15,109
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       -13,098
b       10,456
c       -17,511
d       -7,625
e       13,781
      18,970
      -15,336
      -13,972
      -30,403
      15,460
      75,335
      156,286
      -41,660
      -12,276
      132,863
      19,644
      28,403
      11,219
      49,735
      19,219
      36,632
      131,906
      -7,642
      55,931
      -31,261
      135,160
      17,096
      20,296
      -56,542
      -189,848
      119,321
      15,998
      -5,753
      12,776
      -6,869
      -27,123
      78,367
      9,796
      220
      -110,377
      -33,498
      206
      153
      -3,161
      -9,324
      -6,204
      -94,261
      41,183
      -165,530
      19,052
      -160,101
      42,299
       
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 2 243,497
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 63,071
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 1,425,575 32,564,885 0.04378
2016 1,454,194 31,765,864 0.04578
2015 1,557,697 34,516,088 0.04513
2014 1,340,769 35,854,545 0.03740
2013 1,422,695 28,918,640 0.04920
2
Total of line 1, column (d) .....................
2
0.221276
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
0.044255
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
32,154,563
5
Multiply line 4 by line 3......................
5
1,423,000
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,541
7
Add lines 5 and 6........................
7
1,432,541
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,693,321
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 9,541
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 9,541
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 9,541
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 34,800
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 34,800
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 25,259
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet25,259 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
 
No
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)
    bulletCO, KS, OK
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCAROL FEATHER-FRANCIS Telephone no.bullet (620) 624-1371

    Located atbullet112 W THIRDLIBERALKS ZIP+4bullet67901
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    CAROL FEATHER-FRANCIS President
    25.00     		54,000    
    1501 TUCKER COURT
    LIBERAL,KS67901
    NATHAN FOREMAN Sec/Treas
    3.00     		18,000    
    101 W 4TH
    LIBERAL,KS67901
    RICHARD R YOXALL Vice President
    3.00     		18,000    
    101 WEST FOURTH STREET
    LIBERAL,KS67901
    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  
    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
    20,224,307
    b
    Average of monthly cash balances.......................
    1b
    678,271
    c
    Fair market value of all other assets (see instructions)................
    1c
    11,741,648
    d
    Total (add lines 1a, b, and c).........................
    1d
    32,644,226
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    32,644,226
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    489,663
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    32,154,563
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,607,728
    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
    1,607,728
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    9,541
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,541
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,598,187
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,598,187
    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
    1,598,187
    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
    1,693,321
    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
    1,693,321
    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
    9,541
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,683,780
    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 1,598,187
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 861,218
    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$ 1,693,321
    a Applied to 2017, but not more than line 2a 861,218
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 832,103
    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 ..........     		766,084
    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:
    Carol Feather - Francis
    PO Box 1356
    Liberal,KS679051356
    (620) 624-1371
    bThe form in which applications should be submitted and information and materials they should include:
    Proposal concerning needs; availability of other funding; amount requested.
    cAny submission deadlines:
    Monthly Board Meeting
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Must meet criteria specified in original Trust.
    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
    USD 480
    401 N KANSAS
    LIBERAL,KS67901     		NONE GOV PROGRAMS AND EQUIPMENT 279,368
    KS INDEPENDENT COLLEGE FUND
    700 S KANSAS AVE SUITE 622
    TOPEKA,KS66603     		NONE PC EDUCATIONAL SCHOLARSHIPS 25,000
    THE STEPPING STONE SHELTER
    1015 N WASHINGTON
    LIBERAL,KS67901     		NONE PC OPERATING EXPENSES 50,000
    RONALD MCDONALD HOUSE CHARITIES
    1110 N EMPORIA
    WICHITA,KS67214     		NONE PC HEALTHCARE 5,000
    PANHANDLE STATE FOUNDATION
    PO BOX 430
    GOODWELL,OK73939     		NONE PC SCHOLARSHIPS 25,000
    CROSSROADS CENTER INC
    18252 RD 4
    LIBERAL,KS67901     		NONE PC THERAPEUTIC RIDING EXPENSES 11,000
    CITY OF LIBERAL
    PO BOX 2199
    LIBERAL,KS67901     		NONE GOV AIR MUSEUM FUNDING, PARKS & RECREATION PARKING LOT, SUMMER YOUTH PROGRAMS, ARKALON PARK SUPPORT, REC DEPT PROGRAMS & EQUIPMENT 392,803
    BABE RUTH BASEBALL ASSOCIATION OF L
    PO BOX 1604
    LIBERAL,KS67905     		NONE PC ASSISTANCE WITH PROGRAM 20,000
    SANTA FE COUNCIL 194
    1515 E FULTON TERRACE
    GARDEN CITY,KS67846     		NONE PC CAMP/RANCH IMPROVEMENTS 50,040
    BEEJAYS INC
    PO BOX 352
    LIBERAL,KS67905     		NONE PC ASSISTANCE WITH EQUIPMENT, UNIFORMS AND OPERATIONS 19,000
    SOUTHWEST MEDICAL CENTER
    PO BOX 1340
    LIBERAL,KS67905     		NONE GOV ASSIST WITH PUBLIC HEALTH FAIR 5,000
    YOUTH ENTREPRENEURS
    4111 E 37TH ST
    WICHITA,KS67220     		NONE PC BUSINESS EDUCATION 15,000
    SMOKEY HILLS PUBLIC TELEVISION
    PO BOX 9
    BUNKER HILL,KS67626     		NONE PC CHILDRENS TV PROGRAMMING 50,000
    SCCC DEVELOPMENT FOUNDATION
    PO BOX 1137
    LIBERAL,KS67905     		NONE PC SCHOLARSHIPS, ALLIED HEALTH DEPT. 302,000
    BAKER ARTS CENTER INC
    624 N PERSHING
    LIBERAL,KS67901     		NONE PC ART MUSEUM PROGRAMS 33,000
    KANZA SOCIETY INC
    210 N SEVENTH
    GARDEN CITY,KS67846     		NONE PC REGIONAL PROGRAMMING 30,000
    HEARTSPRING
    8700 E 29TH ST NORTH
    WICHITA,KS67226     		NONE PC PEDIATRIC SERVICES 20,000
    RUSSELL CHILD DEVELOPMENT CENTER
    714 BALLINGER
    GARDEN CITY,KS67846     		NONE PC BUILDING & PROGRAMS 10,000
    LIBERAL KIDS INC
    PO BOX 1691
    LIBERAL,KS67905     		NONE PC EQUIPMENT 11,500
    BRENT ELEY FOUNDATION
    11980 E 16TH AVE
    AURORA,CO80010     		NONE PC MEDICAL HOSPITALITY HOUSE 15,000
    LIBERAL VOLLEYBALL CLUB
    PO BOX 2707
    LIBERAL,KS67905     		NONE PC EQUIPMENT & TOURNAMENT 1,500
    SEWARD COUNTY UNITED WAY
    PO BOX 273
    LIBERAL,KS67905     		NONE PC ANNUAL CAMPAIGN 35,000
    SEWARD COUNTY FIRE RE
    515 N Washington Ave Ste 207
    LIBERAL,KS67901     		NONE GOV EQUIPMENT 19,000
    GOOD SAMARITAN
    2160 ZINNIA LANE
    LIBERAL,KS67901     		NONE PC KITCHEN REMODEL 20,000
    KANSAS CHILDRENS SERVICE LEAGUE
    705 BALLINGER
    GARDEN CITY,KS67846     		NONE PC HEAD START PROGRAM 34,000
    INTERNATIONAL PANCAKE DAY
    PO BOX 665
    LIBERAL,KS67905     		NONE PC BUILDING REPAIRS 3,565
    JUNIOR ELITE SOFTBALL
    1109 W 7TH
    LIBERAL,KS67901     		NONE PC ESS EQUIP UNIFORMS 3,500
    MAAM FOUNDATION
    PO BOX 2585
    LIBERAL,KS67905     		NONE PC CURATOR INTERNS, ROOF REPAIRS 50,000
    USD 483
    PO BOX 760
    PLAINS,KS67869     		NONE GOV INTERNET, ONE TO ONE INITIATIVE 20,000
    THE SALVATION ARMY
    1100 AVENUE E
    DODGE CITY,KS67801     		NONE PC CAPITAL CAMPAIGN 10,000
    K STATE RESEARCH EXTENSION
    1801 STADIUM RD
    LIBERAL,KS67901     		NONE PC SEWARD CO OFFICE PROGRAM 5,500
    LIBERAL AIR FAIR
    PO BOX 945
    LIBERAL,KS67905     		NONE PC 2018 EVENT 5,000
    SEWARD COUNTY COUNCIL ON AGING
    PO BOX 376
    LIBERAL,KS67905     		NONE PC PARKING AT SENIOR CENTER 15,000
    KS HISTORICAL FOUNDATION
    6425 SW 6TH
    TOPEKA,KS66615     		NONE PC EXHIBITS 25,000
    GREELEY CO LIBRARY
    PO BOX 300
    TRIBUNE,KS67879     		NONE GOV SPANISH BOOKS 800
    ST JUDE CHILDREN'S RESEARCH HOSPITA
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE PC CHILDRENS HOSPITAL SUPPORT 15,000
    HOSPICE - ST CATHERINE'S HOSPITAL
    602 N 6TH
    GARDEN CITY,KS67846     		NONE PC FACILITY RENT 5,000
    Total .................................bullet 3a 1,636,576
    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 4,143  
    4 Dividends and interest from securities....     14 426,952  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 269,337  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 243,497  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS     		    1 131  
    bROYALTY MINERAL INTERESTS     15 150,746  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,094,806  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,094,806
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND TAX 5,427 2,714 0 2,713

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    TY 2018 DepreciationSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    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
    CHROMCRAFT TABLE & CHAIRS 2009-07-23 1,990 1,675 SL 10.0000 199      
    BATHROOM FLOORING 2010-05-05 287 222 SL 10.0000 29      

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WELLS FARGO SNOW 8,059,689 7,302,143

    TY 2018 InvestmentsLandSchedule2
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 13,902 13,902    
    Buildings 40,482 40,143 339 50,000
    Land 867,333   867,333 9,540,000
    Miscellaneous 239,538   239,538 2,151,648

    TY 2018 InvestmentsOtherSchedule2
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WELLS FARGO MAIN FMV 10,962,166 10,651,423

    TY 2018 LandEtcSchedule2
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 4,434 4,318 116  
    Buildings 287 251 36  
    Improvements 27,750 27,750    


    TY 2018 LegalFeesSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 6,421 3,211 0 3,210


    TY 2018 OtherAssetsSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    COOP STOCK 8,589 12,760  
    MUTUAL FUND DIV IN TRANSIT 22,607 5,401 5,401


    TY 2018 OtherExpensesSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 70 35   35
    INSURANCE 4,240 3,969   271
    OFFICE SUPPLIES 249 125   124
    POSTAGE/ TELEPHONE 2,527 1,264   1,263
    Rental Expenses 120,591 120,591    


    TY 2018 OtherIncomeSchedule2
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS 131    
    ROYALTY MINERAL INTERESTS 150,746 150,746  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WELLS FARGO 78,553 78,553 0 0


    TY 2018 TaxesSchedule
    Name:
    BAUGHMAN FOUNDATION
    EIN:
    48-6108797
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX 1,359 1,359    
    KANSAS ANNUAL REPORT 40 20   20
    PAYROLL TAXES 2,754 1,377   1,377
    SECTION 4940 EXCISE TAXES 70,113