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
JAMES M BARNETT JR FOUNDATION INC
PERRY & WALTERS LLP
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 71209
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALBANY, GA31708
A Employer identification number

56-2360848
B Telephone number (see instructions)

(229) 439-4000
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$6,055,678J 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 16,725 16,725  
4 Dividends and interest from securities... 124,471 124,471  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 184,133
b Gross sales price for all assets on line 6a 2,075,130
7 Capital gain net income (from Part IV, line 2)... 184,133
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 135 135  
12 Total. Add lines 1 through 11........ 325,464 325,464  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 4,900 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,600 0   4,600
c Other professional fees (attach schedule).... Click to see attachment 104,736 104,736   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 12,950 5,350   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,192 1,858   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 129,378 111,944   4,600
25 Contributions, gifts, grants paid....... 322,850 322,850
26 Total expenses and disbursements. Add lines 24 and 25 452,228 111,944   327,450
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -126,764
b Net investment income (if negative, enter -0-) 213,520
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............. 238,624 313,341 313,341
2 Savings and temporary cash investments.........      
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) bullet125,000
Less: allowance for doubtful accounts bullet0 200,000 125,000 125,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 558,361 Click to see attachment552,720 547,778
b Investments—corporate stock (attach schedule)....... 4,625,085 Click to see attachment4,630,221 4,912,549
c Investments—corporate bonds (attach schedule)....... 156,170 Click to see attachment157,101 155,970
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,166 Click to see attachment1,040 Click to see attachment1,040
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,780,406 5,779,423 6,055,678
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................   125,500
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) Click to see attachment0 Click to see attachment281
23 Total liabilities (add lines 17 through 22)......... 0 125,781
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........ 4,468,047 4,468,047
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,312,359 1,185,595
30 Total net assets or fund balances (see instructions)..... 5,780,406 5,653,642
31 Total liabilities and net assets/fund balances (see instructions). 5,780,406 5,779,423
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
5,780,406
2
Enter amount from Part I, line 27a .....................
2
-126,764
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,653,642
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,653,642
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 SHORT TERM COVERED 6704 P    
b LONG TERM COVERED 6704 P    
c LONG TERM NONCOVERED 6704 P    
d SHORT TERM COVERED 7350 P    
e LONG TERM COVERED 7350 P    
LONG TERM NONCOVERED 7350 P    
RETURN OF CAPITAL ADJUSTMENT      
PTP ADJUSTMENT      
PTP ADJUSTMENT      
(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 384,803   390,388 -5,585
b 1,407,751   1,186,589 221,162
c 13,916   9,037 4,879
d 129,436   129,459 -23
e 14,277   14,484 -207
116,716   161,040 -44,324
7,793     7,793
64     64
374     374
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       -5,585
b       221,162
c       4,879
d       -23
e       -207
      -44,324
      7,793
      64
      374
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 2 184,133
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 298,995 6,409,761 0.046647
2016 324,328 6,072,455 0.053410
2015 309,797 6,568,878 0.047161
2014 245,576 6,486,653 0.037859
2013 211,620 5,998,817 0.035277
2
Total of line 1, column (d) .....................
2
0.220354
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
0.044071
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,523,751
5
Multiply line 4 by line 3......................
5
287,508
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,135
7
Add lines 5 and 6........................
7
289,643
8
Enter qualifying distributions from Part XII, line 4,.............
8
327,450
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 2,135
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 2,135
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 2,135
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,595
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,595
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 2,460
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,460 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    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 addressbulletJAMESBARNETTFDN.ORG
    14
    The books are in care ofbulletPERRY WALTERS LLP Telephone no.bullet (229) 439-4000

    Located atbullet212 NORTH WESTOVER BLVDALBANYGA ZIP+4bullet31708
    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
     
    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
     
     
    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
    JAMES E REYNOLDS JR DIRECTOR
    1.00     		3,150 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    J HUFF CROXTON DIRECTOR
    1.00     		1,050 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    HELEN KIRBO DIRECTOR
    1.00     		700 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,361,010
    b
    Average of monthly cash balances.......................
    1b
    262,087
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,623,097
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,623,097
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    99,346
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,523,751
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    326,188
    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
    326,188
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,135
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,135
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    324,053
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    324,053
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    324,053
    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
    327,450
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    327,450
    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
    2,135
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    325,315
    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 7 324,053
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 312,219
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 327,450
    a Applied to 2017, but not more than line 2a 312,219
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 15,231
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		308,822
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JAMES E REYNOLDS JR
    212 N WESTOVER BLVD
    ALBANY,GA31708
    (229) 439-4000
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED IN WRITING TO THE FOUNDATION STATING REASON FOR THE NEED AND GOALS TO BE ACHIEVED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ALBANY MUSEUM OF ART
    311 MEADOWLARK DRIVE
    ALBANY,GA31707     		NONE PC VISUAL ARTS SUPPORT 56,000
    ALBANY STATE UNIVERSITY
    504 COLLEGE DRIVE
    ALBANY,GA31705     		NONE PC PROVIDE SCHOLARSHIPS 12,000
    ALBANY SYMPHONY
    504 COLLEGE DRIVE
    ALBANY,GA31707     		NONE PC MUSIC EDUCATION 55,500
    ANDREW COLLEGE
    501 COLLEGE STREET
    CUTHBERT,GA39840     		NONE PC TO PROVIDE SCHOLARSHIPS 12,000
    BERKLEE COLLEGE OF MUSIC
    1140 BOYLSTON STREET
    BOSTON,MA02215     		  PC SCHOLARSHIP 2,000
    FLINT RIVERQUARIUM
    101 PINE AVENUE
    ALBANY,GA31701     		NONE PC PROVIDE EDUCATIONAL PROGRAMS 115,000
    LAWRENCE UNIVERSTIY
    711 E BOLDT WAY
    APPLETON,WI54911     		NONE PC TO PROVIDE SCHOLARSHIPS 5,150
    LEE UNIVERSITY
    1120 N OCOEE STREET
    CLEVELAND,TN37311     		  PC SCHOLARSHIP 4,000
    LIBERTY HOUSE
    PO BOX 2046
    ALBANY,GA31702     		  PC DOMESTIC VIOLENCE PREVENTION 200
    MARK WILLIARD
    2202 WESLEY ROAD
    ALBANY,GA31721     		NONE I SCHOLARSHIP 11,000
    MELODIE SPENCER
    2709 WEST MEADE ROAD
    ALBANY,GA31721     		NONE I SCHOLARSHIP 10,500
    S KYLE MOORE
    523 FLORENCE DRIVE
    MADISON,MS39110     		NONE I SCHOLARSHIP 1,500
    SAMMY ALDAY
    7069 HWY 39 SOUTH
    DONALSONVILLE,GA39845     		NONE I SCHOLARSHIP 3,000
    THEATRE ALBANY
    514 PINE AVENUE
    ALBANY,GA31701     		NONE PC THEATRICAL PRODUCTION 35,000
    Total .................................bullet 3a 322,850
    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 ...........     		    14 16,725  
    4 Dividends and interest from securities....     14 124,471  
    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.....     14 135  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 184,133  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 325,464 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    325,464
    (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:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,600 0   4,600

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC 54,024 54,145
    CITIGROUP INC 54,085 53,272
    EXXON MOBIL CORPORATION 48,992 48,553

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC 8,988 11,247
    ACI WORLDWIDE INC 9,038 11,483
    ACUSHNET HOLDINGS CORP 10,712 11,441
    ADOBE SYSTEMS INC 26,975 57,917
    ADVANCE AUTO PARTS 7,915 7,243
    ADVANCED ENERGY INDS INC 8,110 5,452
    AGREE REALTY CORP 5,084 6,326
    AIA GROUP LTD 30,381 41,001
    AIR LIQUIDE ADR 5,228 5,871
    AIRBUS SE ADR 23,746 26,895
    ALASKA AIR GROUP INC 17,071 14,300
    ALBANY INTERNATIONAL 4,763 5,431
    ALBEMARLE CORP 6,920 5,857
    ALEXANDRIA REAL ESTATE 6,640 7,030
    ALEXION PHARMACEUTICALS 19,962 11,683
    ALIGN TECH INC 20,979 16,964
    ALLETE INC COM 11,970 13,110
    ALLIANCE RESOURCES 5,778 5,133
    ALLIANT ENERGY CORP 13,558 14,576
    ALLSTATE CORP 6,444 6,197
    ALPHABET INC VOTING 11,435 17,764
    ALPHABET INC NON VOTING 40,175 67,315
    AMAZON COM INC 30,521 79,604
    AMCOR LTD 5,278 4,277
    AMERICAN HOMES 4 RENT 3,048 2,858
    AMERICAN TOWER CORP 30,013 45,717
    AMGEN INC 10,020 12,264
    ANTHEM INC 8,048 8,667
    AON PLC 11,909 10,902
    APARTMENT INVESTMENT & 5,016 5,485
    APERGY CORP 9,143 5,470
    APPLE INC 15,546 24,134
    ARCHER-DANIELS-MIDLND CO 8,049 7,334
    ARRAY BIOPHARMA INC 5,742 5,130
    ARROWHEAD 6,225 6,073
    ARTHUR J GALLAGHER & CO 6,703 8,181
    ASAHI KAISEI CORP ADR 8,142 8,499
    ASML HOLDING NV 15,560 20,231
    ASSA ABLOY AB - ADR 17,921 17,199
    ASSOC BRITISH FOODS 9,806 5,790
    ASSURED GUARANTY LTD 15,223 16,499
    ASTRAZENECA PLC 33,351 39,917
    AT & T INC 10,078 8,448
    AUTOLIV INC 28,968 23,316
    AVALONBAY COMMUNITIES 9,866 10,095
    AVERY DENNISON CORP 10,811 10,420
    AXALTA COATING SYSTEMS 11,441 8,220
    B&G FOODS INC CLASS A 29,973 26,366
    BANCO LATINOAMERICANO DE 13,065 8,131
    BANK OF AMERICA CORP 9,632 13,651
    BANK OZK 27,526 14,703
    BEIGENE LTD SPON ADR 11,271 9,538
    BERKSHIRE HATHAWAY INC 6,553 6,125
    BERRY GLOBAL GROUP INC 15,519 14,639
    BGC PARTNERS INC CL A 29,738 14,538
    BIOMARIN PHARMACEUTICAL 16,084 15,497
    BLUEBIRD BIO INC 13,114 10,118
    BNP PARIBAS ADR 15,286 9,309
    BOEING CO 6,242 8,385
    BOK FINL CORP NEW 7,973 6,893
    BOOKING HLDGS INC 12,249 18,947
    BOSTON PROPERTIES INC 3,243 2,814
    BRENNTAG AG UNSP ADR 11,140 8,457
    BRIGHT HORIZONS FAMILY 6,767 6,464
    BROADRIDGE FINANCIAL 14,927 19,058
    BURLINGTON STORES INC 8,412 10,899
    CABLE ONE INC 7,416 8,201
    CANADIAN NATL RY CO 6,085 6,966
    CARLSBERG AS-B 23,051 26,201
    CATERPILLAR INC 4,663 4,829
    CDW CORPORATION OF 6,419 5,836
    CELGENE CORP 18,847 12,882
    CHEVRON CORPORATION 10,953 11,641
    CHUBB LTD 20,699 23,769
    CHURCHILL DOWNS INC 6,587 5,855
    CIGNA CORP NEW 2,600 4,938
    CISCO SYSTEMS INC 12,888 17,115
    CITIGROUP INC NEW 11,154 9,787
    COCA-COLA COMPANY 4,387 4,214
    COMCAST CORP NEW CL A 3,514 3,371
    CONCHO RESOURCES INC 11,994 9,046
    CONSOLIDATED 7,554 4,989
    COPART INC 10,667 16,341
    CORNERSTONE ONDEMAND INC 5,679 5,446
    CORPORATE OFFICE PPTYS 1,148 757
    COSTCO WHSL CORP NEW 15,072 21,797
    CRANE COMPANY 21,742 19,561
    CROWN CASTLE 1,532 1,629
    CSX CORP 11,412 9,879
    CUBESMART 1,370 2,525
    CULLEN FROST BANKERS INC 11,467 10,905
    CVS HEALTH 13,875 11,859
    CYRUSONE INC 25,170 23,003
    DANAHER CORP 6,338 7,528
    DANONE 17,200 16,413
    DBS GROUP HOLDINGS 15,092 12,132
    DEERE & CO 3,375 4,028
    DELEK US HLDGS INC NEW 4,617 3,999
    DELTA AIR LINES INC NEW 3,764 4,491
    DENSO CORPORATION 5,046 4,976
    DEUTSCHE BOERSE AG-UNSPO 6,761 6,025
    DIAGEO PLC 15,304 18,576
    DNB ASA 6,103 7,049
    DOLBY LABORATORIES INC 13,980 15,831
    DOMINO'S PIZZA INC 10,408 12,400
    DONALDSON COMPANY INC 4,678 4,643
    DSV A/S UNSP ADR 5,671 6,656
    DUKE ENERGY CORP 6,643 6,904
    DUKE REALTY CORP 2,583 2,512
    DUNKIN' BRANDS GRP INC 10,207 11,926
    DXC TECHNOLOGY CO 12,533 7,763
    E*TRADE FINANCIAL CORP 4,126 3,115
    EAST WEST BANCORP INC 10,510 8,227
    EASTGROUP PPTYS INC 4,018 4,862
    ELI LILLY & CO 4,054 4,282
    EMCOR GROUP INC 14,234 12,475
    ENEL SOCIETA PER AZIONI 14,633 14,699
    ENERGIZER HLDGS INC 3,784 2,935
    ENLINK MIDSTREAM 18,734 11,858
    ENSCO PLC 6,748 3,546
    ENTEGRIS INC 9,917 12,609
    ENTERCOM COMMUNICATIONS 10,881 5,619
    ENVESTNET INC 10,872 9,051
    EOG RESOURCES INC 4,443 3,837
    EPR PPTYS 19,957 20,169
    EQUINIX INC 25,661 31,730
    EQUITY LIFESTYLE PROP 2,015 2,720
    EQUITY RESIDENTIAL 2,226 2,046
    ESSEX PROPERTY TRUST INC 6,888 8,092
    ESSILOR INTL-SPONSORED 30,260 29,622
    ETSY INC 8,826 9,229
    EVERCORE INC 6,864 6,297
    EVERGY INC 12,815 14,817
    EXELIXIS INC 11,577 10,759
    EXELON CORPORATION 13,785 16,326
    EXTENDED STAY AMER UNIT 2,341 1,845
    EXTRA SPACE STORAGE INC 5,243 5,881
    EXXON MOBIL CORP 14,970 11,388
    FACEBOOK INC 34,793 46,144
    FIRST INDL RLTY TR INC 869 1,356
    FNF GROUP 12,311 11,507
    FOOT LOCKER INC 7,883 8,459
    FORTINET INC 9,904 18,523
    FORTIS INC 4,278 4,303
    FOUR CORNERS PROPERTY 4,502 4,768
    FULLER H B CO 11,298 8,961
    GARMIN LTD 3,764 4,559
    GENMAB A/S SPON ADR 12,591 11,384
    GILEAD SCIENCES INC 3,101 2,252
    GIVAUDAN-UNSPON-ADR 7,000 8,562
    GRACO INCORPORATED COM 13,452 13,266
    GRIFOLS S.A. 5,574 5,894
    GRUBHUB INC 3,818 5,991
    GUIDEWIRE SOFTWARE INC 7,037 9,628
    HARRIS CORP DEL 5,778 7,002
    HASBRO INC 15,342 13,325
    HAWAIIAN HOLDINGS INC 10,803 7,712
    HCP INC 1,876 1,788
    HDFC BANK LTD-ADR 10,776 15,953
    HEALTHCARE TR AMER INC 4,955 4,581
    HELIX ENERGY SOLUTIONS 6,158 3,197
    HERMES INTERNATIONAL-ADR 5,607 5,635
    HILTON GRAND VACATIONS 2,253 1,583
    HILTON WORLDWIDE 3,522 3,949
    HNI CORP 6,147 5,775
    HOLLYFRONTIER CORP 5,678 5,163
    HOME DEPOT INC 32,438 41,237
    HOPE BANCORP INC 10,158 7,045
    HOYA CORPORATION 12,816 13,833
    HP INC 10,892 12,522
    HUAZHU GRP LTD SPON ADR 11,344 13,657
    HUBBELL INC 7,428 6,060
    HUDSON PACIFIC PPTYS INC 2,354 1,976
    HUMANA INC 6,627 7,162
    HUNTSMAN CORP 20,049 14,930
    HUTCHISON CHINA ADR 6,786 4,664
    IAC/INTERACTIVECORP 11,006 18,670
    IBERDROLA SA-SPONSORED 16,360 16,203
    ICON PLC 10,732 15,376
    IDEX CORP 4,814 5,934
    IHS MARKIT LTD 15,243 13,863
    ILLUMINA INC 11,108 18,296
    IMPERIAL BRANDS PLC ADR 17,015 12,605
    INGERSOLL-RAND PLC 6,685 9,305
    INGREDION INCORPORATED 11,370 8,592
    INTEL CORP 12,402 11,357
    INTERCONTINENTAL ADR 9,779 8,189
    INTERNATIONAL BUSINESS 4,505 4,206
    INTERXION HOLDING NV 2,558 3,141
    INVITATION HOMES INC 7,046 6,667
    J2 GLOBAL INC 7,416 6,869
    JACK HENRY & ASSOC INC 13,150 12,652
    JAMES RIVER GRP HOLDINGS 15,856 15,274
    JARDINE MATHESON HLDGS 22,502 24,927
    JAZZ PHARMACEUTICALS PLC 14,358 11,280
    JOHNSON & JOHNSON 10,107 11,873
    JPMORGAN CHASE & CO 16,515 31,531
    KAR AUCTION SERVICES INC 20,576 19,661
    KBC GROEP NV - UNSPN ADR 10,079 7,830
    KERING S A 8,711 15,850
    KEYENCE CORP 29,096 33,920
    KILROY RLTY CORP 3,967 3,521
    KUBOTA CORP 5,107 4,509
    KULICKE & SOFFA IND INC 15,568 13,135
    LCI INDUSTRIES 11,525 9,352
    LEGG MASON INC 13,000 9,184
    LEIDOS HOLDINGS INC 11,581 11,018
    LIBERTY MEDIA CORP 9,412 7,951
    LIBERTY PROPERTY TRUST 1,865 1,885
    LINCOLN ELECTRIC HLDGS 8,763 8,043
    LITTELFUSE INC 18,441 17,319
    LIVE NATION 15,785 18,617
    LOCKHEED MARTIN CORP 2,870 3,928
    LONDON STOCK ADR 24,401 22,087
    LOREAL CO ADR 17,326 22,556
    LOXO ONCOLOGY INC 5,729 5,743
    LPL FINANCIAL HOLDINGS 8,348 8,918
    LVMH MOET HENNESSY 13,959 18,298
    MARATHON PETROLEUM CORP 5,636 4,721
    MASTERCARD INC CL A 23,752 34,146
    MCDONALDS CORP 12,154 12,607
    MEDICAL PROPERTIES TRUST 12,091 15,517
    MERCADOLIBRE INC 16,087 22,549
    MERCK & CO INC NEW 10,626 14,059
    METLIFE INC 4,326 4,517
    MICROSOFT CORP 22,871 45,707
    MIDDLEBY CORP 10,928 8,424
    MKS INSTRUMENTS INC 24,924 16,799
    MONSTER BEVERAGE CORP 17,436 18,900
    MSA SAFETY INC 7,774 10,464
    MURATA MANUFACTURING-ADR 17,282 16,397
    NASPERS LTD NEW CL N ADR 6,010 6,107
    NATIONAL HEALTH INVS INC 7,396 8,083
    NATIONAL RETAIL PPTYS 6,129 7,034
    NAVIENT CORP 8,066 4,634
    NESTLE S A REG ADR 25,145 25,826
    NETAPP INC 7,418 7,160
    NEW RELIC INC 6,445 5,992
    NEWMARK GRP INC 1,407 9,295
    NIDEC CORPORATION-ADR 8,168 11,248
    NORDSON CORP 25,589 25,302
    NOVARTIS AG 9,402 9,010
    NOVO NORDISK A S ADR 31,972 35,658
    NRG ENERGY INC 12,385 14,058
    NTT DOCOMO INC ADR 12,226 11,926
    NUTANIX INC 11,336 16,886
    NVIDIA CORP 25,443 14,552
    NXP SEMICONDUCTORS NV 3,600 3,371
    OAKTREE CAPITAL GROUP 7,832 6,877
    OCCIDENTAL PETE CORP 9,637 6,997
    OMEGA HEALTHCARE 10,979 14,271
    ORACLE CORPORATION 7,546 7,043
    PACKAGING CORP OF AMER 10,197 8,513
    PACWEST BANCORP DEL 27,692 18,637
    PAYPAL HOLDINGS INC 15,299 32,291
    PERNOD-RICARD SA-UNSPON 22,597 31,005
    PGT INNOVATIONS INC 6,115 4,581
    PHILLIPS 66 PARTNERS LP 5,754 4,548
    PHYSICIANS REALTY TRUST 1,863 1,587
    PNM RESOURCES INC 3,373 3,698
    POWER INTEGRATIONS INC 7,127 6,586
    PRESTIGE CONSUMER 10,568 7,596
    PROCTER & GAMBLE CO 10,771 10,847
    PROGRESSIVE CORP OHIO 9,962 12,488
    PROLOGIS INC 18,737 20,435
    PRUDENTIAL FINANCIAL INC 10,631 9,378
    PRUDENTIAL PLC 16,196 13,511
    PUBLIC STORAGE INC 2,972 3,036
    PUBLIC SVC ENTERPRISE 14,737 13,689
    PVH CORP 7,634 6,228
    QUALYS INC 11,846 9,417
    RAYTHEON COMPANY 9,457 13,802
    RECKITT BENCKISER ADR 5,451 4,887
    REGENCY CENTERS CORP 6,193 5,516
    REINSURANCE GROUP OF 14,835 16,126
    RELX PLC ADR 6,749 6,259
    RIO TINTO PLC 6,181 7,127
    ROYAL DUTCH SHELL PLC 17,056 13,966
    ROYAL KPN N V 8,199 6,636
    RPM INTERNATIONAL INC 6,017 6,995
    RPT REALTY 7,262 6,955
    RYANAIR HLDGS PLC 6,856 4,637
    RYOHIN KEIKAKU CO UNSP 5,484 4,715
    S&P GLOBAL INC 12,376 14,105
    SAFRAN SA-UNSPON ADR 23,770 38,468
    SAGE THERAPEUTICS INC 14,298 8,334
    SALESFORCE.COM 18,481 43,146
    SAMPO OYJ-A SHS UNSP ADR 22,317 20,334
    SAMSONITE INTERNATIONAL 7,544 6,150
    SAP SE-SPONSORED ADR 23,594 25,087
    SAUL CENTERS INC 825 708
    SCHWAB CHARLES CORP NEW 14,347 19,976
    SERVICENOW INC 12,588 33,651
    SHIN-ETSU CHEMICAL ADR 9,536 8,064
    SIMON PROPERTY GROUP 10,244 9,743
    SMC CORP/JAPAN 24,339 23,978
    SNAP-ON INC 14,918 14,238
    SOCIETE GENERALE 9,477 7,076
    SOFTBANK GROUP CORP 16,805 16,398
    SONOVA HOLDING-UNSP ADR 5,773 6,818
    SPIRIT RLTY CAP INC NEW 4,065 2,855
    SPLUNK INC 19,344 34,810
    SSE PLC SPONSORED ADR 5,869 4,296
    STEEL DYNAMICS INC 5,115 6,759
    STERIS PLC 26,849 32,482
    STORE CAPITAL CORP 4,317 4,784
    SUN COMMUNITIES INC 2,728 4,577
    SUNSTONE HOTEL INVESTORS 3,160 2,797
    SUPERNUS PHARMACEUTICALS 7,763 8,604
    SVENSKA ADR 15,265 12,399
    TAIWAN SEMICONDUCTOR 21,438 29,823
    TANGER FACTORY OUTLET 9,528 7,623
    TARGA RESOURCES CORP 15,227 11,202
    TAUBMAN CENTERS INC 1,358 1,228
    TELADOC HEALTH INC 4,210 2,925
    TELEFLEX INCORPORATED 9,557 12,407
    TERRENO REALTY CORP 977 1,266
    THERMO FISHER SCIENTIFIC 5,320 7,833
    TOTAL S.A. SPONS ADR 7,050 7,305
    TOTAL SYSTEMS SVC INC 11,207 16,421
    TRACTOR SUPPLY COMPANY 12,122 13,434
    TRANSUNION 15,593 18,006
    TRAVELPORT WORLDWIDE LTD 17,397 19,822
    TRIPADVISOR INC 10,982 12,352
    ULTA BEAUTY INC 17,031 18,853
    ULTIMATE SOFTWARE GROUP 11,917 12,978
    UNICHARM CORP 11,063 12,553
    UNITED RENTALS INC 14,758 12,099
    UNITEDHEALTH GROUP 13,678 25,161
    VAIL RESORTS INC 9,245 9,487
    VALERO ENERGY CORP NEW 5,628 4,423
    VEEVA SYSTEMS INC CL A 8,434 11,880
    VEONEER INC 7,699 3,771
    VERIZON COMMUNICATIONS 9,973 11,638
    VERMILION ENERGY INC 20,878 12,579
    VIACOM INC CL B 7,460 5,577
    VICI PPTYS INC 1,056 939
    VIKING THERAPEUTICS INC 6,107 3,420
    VISA INC CLASS A 32,872 62,012
    VODAFONE GROUP PLC NEW 7,776 6,285
    VORNADO REALTY TR 1,305 1,303
    WALMART INC 12,619 14,531
    WASHINGTON TR BANCORP 8,757 7,700
    WASTE CONNECTIONS INC 16,326 18,043
    WELLCARE HEALTH PLANS 16,887 15,818
    WELLTOWER INC 7,103 8,190
    WEST PHARMACEUTICAL 12,814 13,136
    WESTERN ALLIANCE BANCORP 10,589 8,293
    WEYERHAEUSER CO 1,582 984
    WILDHORSE RESOURCE 9,341 6,293
    WPX ENERGY INC 9,793 6,810
    WRIGHT MED GROUP N V 11,475 11,541
    WYNN MACAU LTD 5,788 7,019
    XYLEM INC 18,077 16,547
    ZOETIS INC 17,698 22,497
    BRANDES 628,748 586,907

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    US Government Securities - End of Year Book Value:

    552,720
    US Government Securities - End of Year Fair Market Value:

    547,778
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 OtherAssetsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAX 1,040 1,040 1,040
    DIVIDEND RECEIVABLE 1,126 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEETING EXPENSES/SEMINARS 334 0   0
    ACCRUED INVESTMENT EXPENSES 1,858 1,858   0


    TY 2018 OtherIncomeSchedule2
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 135 135 135


    TY 2018 OtherLiabilitiesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Description Beginning of Year - Book Value End of Year - Book Value
    DIVIDEND PAYABLE 0 281


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 104,736 104,736   0


    TY 2018 TaxesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
     
    PERRY & WALTERS LLP
    EIN:
    56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,350 5,350   0
    EXCISE TAXES 7,600 0   0