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
Schechter Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)440 Bayberry Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chapel Hill, NC27517
A Employer identification number

56-1318527
B Telephone number (see instructions)

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$1,173,677J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 51,434 51,434 51,434
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -9,543
b Gross sales price for all assets on line 6a 136,819
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain......... 428
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 41,891 51,434 51,862
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,250 3,250 3,250 3,250
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,432 2,432 2,388 2,388
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 250 250 250 250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,932 5,932 5,888 5,888
25 Contributions, gifts, grants paid....... 139,244 139,244
26 Total expenses and disbursements. Add lines 24 and 25 145,176 5,932 5,888 145,132
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -103,285
b Net investment income (if negative, enter -0-) 45,502
c Adjusted net income (if negative, enter -0-)... 45,974
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,579 6,526 6,526
2 Savings and temporary cash investments......... 142,813 44,035 44,035
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)....... 601,406 Click to see attachment547,153 809,049
c Investments—corporate bonds (attach schedule)....... 158,211 Click to see attachment103,605 112,797
11 Investments—land, buildings, and equipment: basis bullet124,521
Less: accumulated depreciation (attach schedule) bullet   124,521 124,521 124,521
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 73,327 Click to see attachment76,054 76,749
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) 1,101,857 901,894 1,173,677
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 1,101,857 901,894
30 Total net assets or fund balances (see instructions)..... 1,101,857 901,894
31 Total liabilities and net assets/fund balances (see instructions). 1,101,857 901,894
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
1,101,857
2
Enter amount from Part I, line 27a .....................
2
-103,285
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
998,572
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
96,678
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
901,894
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 200 shs Union Bank P 1998-11-02 2018-02-06
b 100 sh Superior Uniform Grp P 2005-12-06 2018-02-23
c 250 sh Wisdomtree Investments Inc P 2017-03-21 2018-02-23
d 500 shs General Electric Co P 2009-08-11 2018-03-26
e 200 shs Global Medical REIT Pfd P 2017-09-13 2018-03-27
150 sh Superior Uniform Grp P 2005-12-06 2018-04-04
75 shs Wells Fargo & Co P 1991-06-30 2018-06-11
200 shs Whitehorse Finance Inc P 2017-06-27 2018-06-15
100 shs Jacobs Engineering Grp P 2017-12-14 2018-08-08
175 shs Select Income REIT P 2014-05-14 2018-08-17
40 shs General Dynamics Corp P 2015-12-03 2018-10-24
300 shs CM Finance Inc P 2018-06-27 2018-11-27
09 sh Union Bank P 1998-11-02 2018-11-30
100 shs Wells Fargo & Co P 1991-06-30 2018-12-03
10 sh Dish DBS Corp P 2016-08-10 2018-12-04
20 shs GTE North Inc P 2004-10-14 2018-12-04
100 shs Hannon Armstrong Sustainabl P 2017-10-24 2018-12-04
200 shs Oxford Lane Capital Corp P 2017-06-07 2018-12-04
200 shs Oxford Lane Capital Corp P 2017-06-07 2018-12-28
9000 US West Commns Inc bond P 2010-09-09 2018-12-04
125 shs Monmouth Real Estate Inv Co P 2017-03-06 2018-12-07
300 shs Nuveen High Income Dec 19 P 2016-05-10 2018-12-13
300 shs Union Bank P 1998-11-02 2018-12-13
15 shs ATT Inc P 2009-03-10 2018-12-19
200 shs MVC Cap Inc P 2017-11-08 2018-12-19
(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 3,496   824 2,672
b 2,522   560 1,962
c 2,408   2,329 79
d 6,296   7,254 -958
e 4,786   5,000 -214
3,935   840 3,095
4,078   9,385 -5,307
2,950   2,794 156
7,157   6,710 447
3,586   5,075 -1,489
6,903   5,799 1,104
7,460   7,500 -40
1     1
5,286   12,513 -7,227
8,441   10,033 -1,592
16,791   20,967 -4,176
2,225   2,555 -330
4,934   5,000 -66
4,916   5,000 -84
8,736   9,045 -309
2,705   3,063 -358
2,896   3,000 -104
4,246   1,201 3,045
15,068   14,915 153
4,997   5,000 -3
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -9,543
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 3 428
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 172,693 1,434,904 0.120352
2016 7,185 1,474,183 0.004874
2015 122,907 1,518,268 0.080952
2014 101,509 1,502,962 0.067539
2013 89,876 1,411,094 0.063692
2
Total of line 1, column (d) .....................
2
0.337409
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
0.067482
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,305,141
5
Multiply line 4 by line 3......................
5
88,074
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
455
7
Add lines 5 and 6........................
7
88,529
8
Enter qualifying distributions from Part XII, line 4,.............
8
145,132
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 1 455
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 455
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 455
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 666
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.............. 7 666
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 211
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet211 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletArnold MC Schechter Telephone no.bullet (919) 933-1400

    Located atbullet440 Bayberry DriveChapel HillNC ZIP+4bullet27517
    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
    Pearl F Schechter Vice President
    0.00     		0 0 0
    440 Bayberry Drive
    Chapel Hill,NC27517
    Arnold MC Schechter President
    0.00     		0 0 0
    440 Bayberry Drive
    Chapel Hill,NC27517
    Arielle C Schechter Secretary Treasurer
    0.00     		0 0 0
    440 Bayberry Drive
    Chapel Hill,NC27517
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 not applicable 0
    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 Not applicable 0
    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
    1,155,056
    b
    Average of monthly cash balances.......................
    1b
    45,439
    c
    Fair market value of all other assets (see instructions)................
    1c
    124,521
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,325,016
    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
    1,325,016
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    19,875
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,305,141
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    65,257
    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
    65,257
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    455
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    455
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    64,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    64,802
    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
    64,802
    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
    145,132
    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
    145,132
    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
    455
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    144,677
    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 64,802
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 4,188
    b From 2014...... 26,843
    c From 2015...... 47,524
    d From 2016......  
    e From 2017...... 101,405
    fTotal of lines 3a through e........ 179,960
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 145,132
    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..... 64,802
    e Remaining amount distributed out of corpus 80,330
    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 5 260,290
    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) ...     		4,188
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		256,102
    10 Analysis of line 9:
    a Excess from 2014.... 26,843
    b Excess from 2015.... 47,524
    c Excess from 2016....  
    d Excess from 2017.... 101,405
    e Excess from 2018.... 80,330
    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).)
    Pearl Schechter
    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.
    None
    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
    Animal Pet Adoption and Outreach Ct
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    American Refugee Committee
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Animal Legal Defense Fund
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Animal Welfare Institute
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 3,000
    Animalkind 20 fix program
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Jewish Community Center
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 35
    Animals Asia Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 3,000
    Jewish Federation of Durham CH
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 300
    Cure Alzheimers Fund
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Dementia Alliance of NC
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 25
    CHAI
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 3,000
    Charity Navigator
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Community Council for the Arts
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Duke University
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 40,000
    Durham Chapel Hill Jewish Services
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 50
    ELAW US
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 3,000
    Emily K Center
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 250
    Lenoir Greene United Way
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Folk Alley
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 60
    Free the Slaves
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Friends of the Earth
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Hadassah
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Democracy NC
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Heart Gallery Alabama
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,000
    Humane Farming Association
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Israel Guide Dog Center for Blind
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 3,000
    Kehillah
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,125
    Last Chanel for Animals
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    LCC Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,000
    Lenoir Co SPCA
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,000
    Lenoir Hospital Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Meals on Wheels
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    NCMA Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 75
    Medshare
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Natl Alliance End Homelessnes
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    NC Veternarian Medical Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Save the Manatee Club
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 500
    NARAL Pro Choice America Foundation
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Triangle Jewish Corale
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC VARIOUS 36
    Plan International USA
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,188
    SAFE
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Polaris
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    PORCH
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    Public Radio East
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 600
    Wildlife SOS
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Save the Frogs
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 250
    Semper Fi Fund
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    South Orange Rescue Squad
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 250
    Special Olympics NC
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 100
    UJA Federation of New York
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 150
    Temple Israel
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 200
    The Arts Center
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 90
    The Lerner School
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 1,000
    UNC-TV
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC VARIOUS 60
    UNC Lineberger Comprehensive Cancer
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 5,000
    Wildlife Welfare Inc
    440 Bayberry Dr
    Chapel Hill,NC27514     		none PC various 2,000
    Kinston High School
    440 Bayberry Dr
    Chapel Hill,NC275179122     		none PC scholarship 1,200
    Total .................................bullet 3a 139,244
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 50,844  
    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 ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   50,844  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    50,844
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax return preparation 3,250 3,250 3,250 3,250

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ConEdison NY due 031516 5 9 14,741 16,621
    Lowes Corp due 020135 6 9,988 11,286
    ATT Inc 5 8 due 021519 0 0
    Endurance Sprecialty Hldg Bd 10,012 11,575
    Bell Atlantic PA debt due 28 24,937 27,155
    Goldman Sachs Grp 5 081522 10,000 10,394
    Dish DBS Corp 0 0
    GTE North Inc deb 6 73 due 28 0 0
    Jefferies Grp LLC Sr nt 4 10,000 9,894
    JP Morgan Chase 5 step due 032 9,976 10,301
    Suntrust Bank Sub Notes 6 0215 13,951 15,571
    US West Comm MBIA deb 6 875 0 0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Alphabet Inc 5,294 5,178
    Amgen Inc 6,761 7,787
    Annaly Capital Management Inc 5,915 4,910
    ATT Inc 5,526 5,708
    BBT Corp 29,991 123,462
    Brighthouse Financial Inc 459 274
    Bristol Myers Squibb Co 5,764 12,995
    Brookfield Real Assets Income 3,095 2,498
    Chevron Corp 7,354 10,879
    Cisco Systems Inc 4,288 6,500
    CVS Health Corp 9,719 6,552
    Delta Airlines Inc 5,162 4,990
    Duke Energy Corp 36,076 63,085
    Frontier Communications Inc 244 5
    General Dynamics Corp 0 0
    General Electric Co 0 0
    GlaxoSmithKline PLC 5,943 5,732
    Government Properties Income T 6,475 2,405
    Avanos Medical Inc Halyard 325 806
    Hanesbrands Inc 11,616 6,578
    Hannon Armstrong Sus Infra Cap 0 0
    IBM 3,730 2,842
    International Paper Company 4,426 4,036
    Jacobs Engineering Group 0 0
    Johnson & Johnson 5,233 12,905
    Kimberly-Clark Corp 7,492 17,091
    Merck & Co Inc 6,013 15,282
    Microsoft Corp 5,300 10,157
    Novartis AG spon ADR 5,384 8,581
    Nuveen High Inc Dec2019 Term F 2,000 1,972
    Nuveen Pfd & Inc 2022 Term Fd 15,000 12,438
    PepsiCo Inc 9,370 11,048
    Pfizer Inc 3,355 4,365
    Pimco Dynamic Credit 12,500 10,525
    Proctor & Gamble Company 5,771 6,894
    Raytheon Co new 10,682 15,335
    Realty Income Corp 6,200 6,304
    RMR Group Inc Cl A 36 159
    Select Income REIT 0 0
    Verizon Communications 8,203 14,055
    Waste Management Inc 5,706 17,798
    Whitehorse Finance Corp 2,794 2,544
    Wisdomtree Investments Inc 0 0
    AGNC Investment Corp 7,560 7,016
    Townebank Portsmouth VA 3,748 2,994
    General Mills 5,446 3,894
    Intel Corp 4,989 4,693
    Union Bank 35,868 121,795
    Superior Uniform Group 26,163 26,475
    Wells Fargo Co 13,446 20,736
    BBT Corp Dep Sh Ser H 5 62 5,000 4,702
    Bluerock Residential Gwth REIT 7,500 6,149
    Capital One Finl Corp 10,000 9,964
    Digital Realty Tr In Ser I cum 12,500 12,735
    Gladstone Capital Corp 12,500 12,339
    Global Medical REIT Ser A cum 0 0
    Horizon Technology Finance Cor 10,000 9,960
    Monmouth RE Invest Corp Ser C 6,738 6,254
    MVC Cap Inc 5,000 5,000
    Oxford Lane Capital Corp 6 75 0 0
    Qwest Corp nt 6 75 due 061557 6,250 4,745
    Saratoga Investment Corp 12,500 12,619
    Selective Insurance Grp 5 875 7,500 7,185
    Citigroup Inc pfd Ser S 6,250 6,375
    Fidus Investment Corp Note 6,250 6,437
    PNC Financial 6 125 pfd 7,564 7,722
    Vornado Realty 5 7 pfd ser K 7,583 6,747
    THL Credit Inc 675 123022 10,096 10,000
    JP Morgan Chase non cum 615 12,500 12,890
    Southern Company Ser 2015A 10,000 10,204
    Triplepointe Venture Gwth BDC 10,000 9,968
    Wells Fargo noncum Ser W Cl A 10,000 9,520
    Wells Fargo Dep Sh Perptl A Se 5,000 5,256

    TY 2018 InvestmentsOtherSchedule2
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Franklin Gold Precious Metals Fd   5,000 5,067
    Franklin Rising Dividend   15,000 18,572
    Hartford Capital Appreciation Cl C   13,735 10,146
    Hartford Balanced Income Fd Cl C   21,736 21,262
    Janus Balanced Fund Cl C   20,583 21,702

    TY 2018 OtherDecreasesSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Description Amount
    prior yr error in other investments 96,678


    TY 2018 OtherExpensesSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Liability insurance 250 250 250 250


    TY 2018 TaxesSchedule
    Name:
    Schechter Foundation Inc
    EIN:
    56-1318527
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Property Taxes 2,388 2,388 2,388 2,388
    Foreign Tx on Div Withheld 44 44 0 0