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
THE SUNSHINE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1664 JACKSON STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BARNWELL, SC29812
A Employer identification number

57-1060737
B Telephone number (see instructions)

(803) 259-1404
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$7,393,717J 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) 291,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 165,565 163,538  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 193,765
b Gross sales price for all assets on line 6a 5,468,138
7 Capital gain net income (from Part IV, line 2)... 193,765
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 220 220  
12 Total. Add lines 1 through 11........ 650,550 357,523  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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 5,800 0   5,800
c Other professional fees (attach schedule).... Click to see attachment 31,983 31,983   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,774 3,423   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,557 35,406   5,800
25 Contributions, gifts, grants paid....... 402,534 402,534
26 Total expenses and disbursements. Add lines 24 and 25 444,091 35,406   408,334
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 206,459
b Net investment income (if negative, enter -0-) 322,117
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............. 40,110 94,278 94,278
2 Savings and temporary cash investments......... 135,529 17,835 17,835
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)....... 8,190,249 Click to see attachment7,281,604 7,281,604
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,365,888 7,393,717 7,393,717
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 8,365,888 7,393,717
30 Total net assets or fund balances (see instructions)..... 8,365,888 7,393,717
31 Total liabilities and net assets/fund balances (see instructions). 8,365,888 7,393,717
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
8,365,888
2
Enter amount from Part I, line 27a .....................
2
206,459
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,572,347
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,178,630
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,393,717
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 51970-9 (SEE ATTACHED STMT)      
b 50987-4 (SEE ATTACHED STMT)      
c 50987-4 (SEE ATTACHED STMT)      
d 50998-1 (SEE ATTACHED STMT)      
e 50999-9 (SEE ATTACHED STMT)      
50999-9 (SEE ATTACHED STMT)      
CAPITAL GAINS DIVIDENDS P    
(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 2,077,095   1,875,000 202,095
b 2,311,056   2,307,082 3,974
c 397,682   488,873 -91,191
d 325,415   326,407 -992
e 258,236   201,743 56,493
81,712   75,268 6,444
16,942     16,942
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       202,095
b       3,974
c       -91,191
d       -992
e       56,493
      6,444
      16,942
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 2 193,765
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 395,131 8,036,330 0.049168
2016 383,039 7,778,528 0.049243
2015 333,123 8,238,721 0.040434
2014 258,398 8,324,069 0.031042
2013 342,961 7,722,000 0.044413
2
Total of line 1, column (d) .....................
2
0.214300
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
0.042860
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,999,803
5
Multiply line 4 by line 3......................
5
342,872
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,221
7
Add lines 5 and 6........................
7
346,093
8
Enter qualifying distributions from Part XII, line 4,.............
8
408,334
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 3,221
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 3,221
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 3,221
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,480
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 2,480
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 741
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletSC
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletNELLIE ROSIER Telephone no.bullet (803) 541-3410

    Located atbullet1664 JACKSON STREETBARNWELLSC ZIP+4bullet29812
    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
    TERRY E RICHARDSON JR BOARD MEMBER
    0.00     		0 0 0
    1664 JACKSON STREET
    BARNWELL,SC29812
    GAIL NESS RICHARDSON BOARD MEMBER
    0.00     		0 0 0
    1664 JACKSON STREET
    BARNWELL,SC29812
    KATHERINE J RICHARDSON BOARD MEMBER
    0.00     		0 0 0
    1664 JACKSON STREET
    BARNWELL,SC29812
    DAVID G BUNDY BOARD MEMBER
    0.00     		0 0 0
    1664 JACKSON STREET
    BARNWELL,SC29812
    BETH BURKE RICHARDSON BOARD MEMBER
    0.00     		0 0 0
    1664 JACKSON STREET
    BARNWELL,SC29812
    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
    7,947,993
    b
    Average of monthly cash balances.......................
    1b
    173,634
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,121,627
    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
    8,121,627
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    121,824
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,999,803
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    399,990
    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
    399,990
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,221
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,221
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    396,769
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    396,769
    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
    396,769
    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
    408,334
    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
    408,334
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    3,221
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    405,113
    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 7 396,769
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 389,938
    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$ 408,334
    a Applied to 2017, but not more than line 2a 389,938
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 18,396
    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 ..........     		378,373
    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 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
    FEMME INTERNATIONAL
    769 ROCK ROAD
      ONTARIO  
    CA     		    ECONOMIC 394
    FMU - CENTER FOR THE CHILD
    524 FRANCIS MARION RD
    FLORENCE,SC29506     		    EDUCATIONAL 65,000
    HEATHWOOD HALL EPISCOPAL SCHOOL
    3000 BELTLINE BLVD
    COLUMBIA,SC29201     		    EDUCATIONAL 4,900
    TRINITY EPISCOPAL CATHEDRAL
    1100 SUMTER STREET
    COLUMBIA,SC29201     		    ECONOMIC 11,900
    SOUTHEASTERN HOUSING AUTHORITY
    PO BOX 1326
    BARNWELL,SC29812     		    ECONOMIC 1,908
    CLEMSON UNIVERSITY
    CLEMSON UNIVERSITY
    CLEMSON,SC29634     		    EDUCATIONAL 27,100
    SC LEGAL SERVICES
    2803 CARNER AVENUE
    NORTH CHARLESTON,SC29405     		    ECONOMIC 1,000
    BARNWELL COUNTY FAMILY YMCA
    681-471 JOEY ZORN BVLD
    BARNWELL,SC29812     		    HEALTH 4,100
    CLEMENTA C PINCKNEY FOUNDATION
    108 GARGILL WAY
    HARTSVILLE,SC29551     		    ECONOMIC 5,000
    HOLLYWOOD WORD OF TRUTH TRAINING CENTER
    3407 STATE RD
    JOHNS ISLAND,SC29455     		    ECONOMIC 1,000
    CIRCLE THEATRE
    325 ACADEMY STREET
    BARNWELL,SC29812     		    ECONOMIC 420
    COMMUNITY FOUNDATION OF GREENVILLE
    630 EAST WASHINGTON ST SUITE A
    GREENVILLE,SC29601     		    ECONOMIC 200
    TEMPLE SINAI MUSEUM FUND
    13 CHURCH ST
    SUMTER,SC29150     		    ECONOMIC 5,000
    CHARLESTON SCHOOL OF THE ARTS
    5109 W ENTERPRISE ST
    NORTH CHARLESTON,SC29405     		    EDUCATIONAL 200
    SOUTH CAROLINA BAR FOUNDATION
    950 TAYLOR STREET
    COLUMBIA,SC29202     		    ECONOMIC 11,300
    AMERICAN CIVIL LIBERTIES UNION
    125 BROAD STREET 18TH FLOOR
    NEW YORK CITY,NY10004     		    ECONOMIC 1,500
    CHARLESTON VISUAL MEDIA INITIATIVE
    5 EXCHANGE STREET
    CHARLESTON,SC29401     		    ECONOMIC 1,000
    CHARLESTON LEGAL ACCESS
    1630-2 MEETING STREET
    CHARLESTON,SC29405     		    ECONOMIC 2,500
    SC APPLESEED LEGAL JUSTICE CENTER
    1518 WASHINGTON ST
    COLUMBIA,SC29201     		    ECONOMIC 10,700
    ETV ENDOWMENT OF SC
    401 E KENNEDY ST SUITE B1
    SPARTANBURG,SC29302     		    ECONOMIC 500
    BARNWELL UNITED METHODIST CHURCH
    236 MAIN ST
    BARNWELL,SC29812     		    ECONOMIC 6,340
    JANE EDWARDS ELEMENTARY SCHOOL
    1960 JANE EDWARDS RD
    EDISTO ISLAND,SC29438     		    EDUCATIONAL 3,000
    COLONIAL FLAG FOUNDATION - FIRST RESPONDERS APPRECIATION DAY
    642 S MAIN STREET
    URBANA,OH43078     		    ECONOMIC 500
    FIRST BAPTIST CHURCH OF FAIRFAX
    725 7TH ST W
    FAIRFAX,SC29827     		    ECONOMIC 500
    SHIFA CLINIC
    1092 JOHNNIE DODDS BLVD SUIT 108
    MT PLEASANT,SC29464     		    ECONOMIC 2,500
    HEIFER INTERNATIONAL
    1 WORLD AVENUE
    LITTLE ROCK,AR72202     		    ECONOMIC 1,910
    GIRL SCOUTS OF SOUTH CAROLINA
    5 INDEPENDENCE PT STE 120
    GREENVILLE,SC29615     		    ECONOMIC 1,000
    WE ARE FAMILY FOUNDATION
    MIDTOWN STATION
    NEW YORK CITY,NY10018     		    ECONOMIC 2,000
    GIVEDIRECTLY
    PO BOX 3221
    NEW YORK,NY10008     		    ECONOMIC 2,000
    HUMAN RIGHTS CAMPAIGN
    1640 RHODE ISLAND AVE
    WASHINGTON,DC20036     		    ECONOMIC 100
    CAJUN NAVY FOUNDATION
    5557 GOVERNMENT ST STE A
    BATON ROUGE,LA70806     		    ECONOMIC 100
    BARNWELL COUNTY ANIMAL SHELTER FOUNDATION
    55 DIAMOND RD
    BARNWELL,SC29812     		    ECONOMIC 200
    OPPORTUNITY PROJECT SC
    PO BOX 12845
    COLUMBIA,SC29211     		    ECONOMIC 500
    ONE80 PLACE
    35 WALNUT STREET
    CHARLESTON,SC29403     		    ECONOMIC 100
    NOTHING BUT NETS
    1750 PENNSYLVANIA AVE STE 300
    WASHINGTON,DC20006     		    ECONOMIC 100
    KIVA
    875 HOWARD ST
    SAN FRANCISCO,CA94103     		    ECONOMIC 1,000
    SOUTH CAROLINA STRONG
    2510 N HOBSON AVE
    NORTH CHARLESTON,SC29405     		    ECONOMIC 1,000
    PLANNED PARENTHOOD HEALTH SYSTEM
    200 RUTLEDGE AVE
    CHARLESTON,SC29403     		    HEALTH 2,000
    WOMEN'S RIGHTS AND EMPOWERMENT NETWORK
    1201 MAIN ST SUITE 320
    COLUMBIA,SC29201     		    ECONOMIC 1,000
    FRESH FUTURE FARMS
    2008 SUCCESS STREET
    NORTH CHARLESTON,SC29405     		    ECONOMIC 2,000
    DARKNESS TO LIGHT
    1064 GARDNER RD 210
    CHARLESTON,SC29407     		    ECONOMIC 2,000
    NARAL PRO-CHOICE AMERICA
    1725 EYE STREET NW SUITE 900
    WASHINGTON,DC20006     		    ECONOMIC 1,000
    THE TREVOR PROJECT
    PO BOX 69232
    WEST HOLLYWOOD,CA90069     		    ECONOMIC 2,000
    TURNING LEAF PROJECT
    3765 LEEDS AVE
    NORTH CHARLESTON,SC29405     		    ECONOMIC 1,000
    CAROLINA YOUTH ACTION PROJECT
    PO BOX 20971
    CHARLESTON,SC29413     		    EDUCATION 2,000
    YWCA OF GREATER CHARLESTON
    61 CANNON STREET
    CHARLESTON,SC29403     		    ECONOMIC 1,000
    SOUTH END CEMETARY
    S CARLISLE ST
    BAMBERG,SC29003     		    ECONOMIC 100
    CASA FAMILY SYSTEMS
    658 JOHN C CALHOUN DR
    ORANGEBURG,SC29115     		    ECONOMIC 1,000
    AIKEN COUNTY DSS
    1410 PARK AVE SE
    AIKEN,SC29802     		    ECONOMIC 2,000
    TRI COUNTY COMMUNITY FOUNDATION
    PO BOX 160
    BARNWELL,SC29812     		    ECONOMIC 58,150
    PRUITTHEALTH - BARNWELL
    31 WREN ST
    BARNWELL,SC29812     		    ECONOMIC 100
    SAFE HAVEN OUTREACH MINISTRY
    1140 NORTH CAPITOL ST NW
    WASHINGTON,DC20002     		    ECONOMIC 2,000
    EPWORTH CHILDREN'S HOME
    2900 MILLWOOD AVE
    COLUMBIA,SC29205     		    ECONOMIC 100
    CHILDREN'S RIGHTS
    330 SEVENTH AVENUE 4TH FLOOR
    NEW YORK CITY,NY10001     		    ECONOMIC 3,500
    LOW COUNTRY FOOD BANK
    2864 AZALEA DR
    CHARLESTON,SC29405     		    ECONOMIC 500
    WINFIELD HEIGHTS KINDERGARTEN
    315 CHESTER ST
    WILLISTON,SC29853     		    EDUCATIONAL 750
    BOYZ2MEN
    PO BOX 661
    BARNWELL,SC29812     		    ECONOMIC 2,250
    PALMETTO PROJECT
    4500 FORT JACKSON BLVD
    COLUMBIA,SC29209     		    ECONOMIC 660
    QUEEN'S UNIVERSITY
    1900 SELWYN AVE
    CHARLOTTE,NC28274     		    EDUCATIONAL 2,100
    SC FUTURE MINDS
    PO BOX 6890
    FLORENCE,SC29502     		    ECONOMIC 200
    BARNWELL HIGH SCHOOL
    474 JACKSON ST
    BARNWELL,SC29812     		    EDUCATIONAL 800
    USC SCHOOL OF LAW
    701 MAIN ST
    COLUMBIA,SC29208     		    EDUCATIONAL 4,025
    WOFFORD COLLEGE LIBERTY FELLOWSHIP
    429 N CHURCH STREET
    SPARTANBURG,SC29303     		    EDUCATIONAL 5,000
    TEACH FOR AMERICA
    7301 RIVERS AVE SUITE 160
    NORTH CHARLESTON,SC29406     		    EDUCATIONAL 1,000
    BARNWELL COUNTY LIBRARY
    40 BURR ST
    BARNWELL,SC29812     		    ECONOMIC 500
    CHURCH OF GOD WORLD MISSIONS
    2490 KEITH STREET NW
    CLEVELAND,TN37311     		    EDUCATIONAL 100
    AUDUBON SOCIETY (SC)
    635 RUTLEDGE AVENUE SUITE 107
    CHARLESTON,SC29403     		    ENVIRONMENTAL 25
    EDISTO OPEN LAND TRUST
    PO BOX 1
    EDISTO ISLAND,SC29438     		    ECONOMIC 4,700
    CONSERVATION VOTERS OF SOUTH CAROLINA
    701 WHALEY ST SUITE 207
    COLUMBIA,SC29201     		    ECONOMIC 10,000
    SC ENVIRONMENTAL LAW PROJECT
    430 HIGHMARKET ST
    GEORGETOWN,SC29440     		    ECONOMIC 1,000
    THE NATURE CONSERVANCY
    2231 DEVINE ST SUITE 100
    COLUMBIA,SC29205     		    ECONOMIC 12,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    463 KING STREET SUITE B
    CHARLESTON,SC29403     		    ENVIRONMENTAL 1,000
    COASTAL CONSERVATION LEAGUE
    328 EAST BAY STREET
    CHARLESTON,SC29401     		    ENVIRONMENTAL 100
    AXIS I CENTER OF BARNWELL
    1644 JACKSON ST
    BARNWELL,SC29812     		    ECONOMIC 25,000
    CAROLINA HONDURAS HEALTH FOUNDATION
    299 JACKSON ST
    BARNWELL,SC29812     		    HEALTH 6,000
    EAT SMART MOVE MORE
    2711 MIDDLEBURG DR 301
    COLUMBIA,SC29204     		    HEALTH 5,000
    SC CAMPAIGN TO PREVENT TEEN PREGNANCY
    1331 ELMWOOD AVE SUITE 140
    COLUMBIA,SC29201     		    ECONOMIC 3,000
    HEALTHY LEARNERS
    2749 LAUREL STREET
    COLUMBIA,SC29204     		    HEALTH 3,000
    DOOR TO FREEDOM
    1317 N MAIN ST 263
    SUMMERVILLE,SC29483     		    HEALTH 5,000
    PEOPLE AGAINST RAPE
    198 RUTLEDGE AVE 5
    CHARLESTON,SC29403     		    HEALTH 5,000
    LIGHTHOUSE FOR LIFE
    7320 BROAD RIVER RD
    IRMO,SC29063     		    HEALTH 10,000
    BLACKVILLE FIRST BAPTIST CHURCH
    19449 SOLOMON BLATT AVE
    BLACKVILLE,SC29817     		    ECONOMIC 400
    TABERNACLE BAPTIST CHURCH
    607 KESTREL DR
    LEESVILLE,SC29070     		    ECONOMIC 450
    CUMBEE CENTER TO ASSIST ABUSED PERSONS
    254 BEAUFORT ST NE
    AIKEN,SC29801     		    HEALTH 2,000
    PRISMA HEALTH CHILDREN'S HOSPITAL
    7 RICHLAND MEDICAL PARK DR
    COLUMBIA,SC29203     		    HEALTH 100
    NEW MORNING FOUNDATION
    1501 MAIN STREET SUITE 150
    COLUMBIA,SC29201     		    ECONOMIC 10,000
    NORTHSIDE BAPTIST CHURCH
    4347 SUNSET BLVD
    LEXINGTON,SC29072     		    ECONOMIC 25
    AMERICAN LEGION AUXILIARY
    305 MT ZION RD
    STOCKBRIDGE,GA30281     		    ECONOMIC 30
    BARNWELL COUNTY ARTS COUNCIL
    9426 MARLBORO AVENUE
    BARNWELL,SC29812     		    ECONOMIC 100
    BETHEL PARK UNITED METHODIST CHURCH
    25 BEECH AVE
    DENMARK,SC29042     		    ECONOMIC 100
    EVIE'S HOPE - JDRF
    555 CROTON ROAD SUITE 111
    KING OF PRUSSIA,PA19406     		    HEALTH 500
    BARNWELL COUNTY SHERIFF'S OFFICE
    599 JOEY ZORN BLVD
    BARNWELL,SC29812     		    ECONOMIC 100
    EDISTO ISLAND COMMUNITY ASSOCIATION
    PO BOX 269
    EDISTO ISLAND,SC29438     		    ECONOMIC 25
    CHARIS MINISTRIES
    8600 LASALLE ROAD SUITE 620
    TOWSON,MD21286     		    ECONOMIC 25
    CUSTOM MUSEUM PUBLISHING
    12 HIGH ST
    THOMASTON,ME04861     		    ECONOMIC 2,500
    DENMARK CEMETARY FUND
    STATE ROAD S-5-53
    DENMARK,SC29042     		    ECONOMIC 25
    UNION UNITED METHODIST CHURCH
    7582 WOODROW ST
    IRMO,SC29063     		    ECONOMIC 25
    HELPING HAND FOR RELIEF AND DEVELOPMENT
    21199 HILLTOP ST
    SOUTHFIELD,MI48033     		    ECONOMIC 50
    SOUTH FORK BAPTIST CHURCH
    157 S FORK CHURCH RD
    TODD,NC28684     		    ECONOMIC 500
    FRIENDS OF THE LIBRARIES OF BARNWELL CO
    PO BOX 183
    BARNWELL,SC29812     		    ECONOMIC 100
    WILLISTON ELKO MIDDLE SCHOOL
    12333 E MAIN ST
    WILLISTON,SC29853     		    EDUCATIONAL 55
    PALMETTO HEALTH FOUNDATION - WALK FOR LIFE
    1600 MARION STREET
    COLUMBIA,SC29201     		    HEALTH 200
    TRINITY UNITED METHODIST CHURCH
    11761 HERITAGE HWY
    BAMBERG,SC29003     		    ECONOMIC 25
    MISCELLANEOUS
    1664 JACKSON STREET
    BARNWELL,SC29812     		N/A   ECONOMIC 17,067
    Total .................................bullet 3a 402,534
    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....     14 165,565  
    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.....     14 220  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 193,765  
    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).. 0 359,550 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    359,550
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE SUNSHINE FOUNDATION INC
     
    Employer identification number

    57-1060737
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE SUNSHINE FOUNDATION INC
          		Employer identification number
    57-1060737
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    AQUARIUS I LLC
     
    1664 JACKSON STREET
     
    BARNWELL, SC29812

    		$ 291,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE SUNSHINE FOUNDATION INC
          		Employer identification number

    57-1060737
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE SUNSHINE FOUNDATION INC
          		Employer identification number

    57-1060737
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 5,800 0   5,800

    TY 2018 AppliedToPriorYearElection
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Election:
    PURSUANT TO CODE SEC. 4942(H)(2) AND REG. 53.4942 (A)-3(D)(2), THE SUNSHINEFOUNDATION, INC. ELECTS TO TREAT THE 2015 TAX YEAR UNDISTRIBUTED INCOME TOWARDCURRENT YEAR QUALIFYING DISTRIBUTIONS.

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Statement:
    SOUTH CAROLINA NO LONGER REQUIRES A COPY OF FORM 990-PF TO BE FILED WITH THE STATE ATTORNEY GENERAL'S OFFICE.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MARKETABLE SECURITIES/MUTUAL FUNDS 7,271,588 7,271,588
    SERUUS TELECOM FUND, L.P. 10,016 10,016

    TY 2018 OtherDecreasesSchedule
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Description Amount
    UNREALIZED GAIN/LOSS 1,178,630


    TY 2018 OtherIncomeSchedule2
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 220 220 220


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 29,464 29,464   0
    INVESTMENT EXPENSES 2,459 2,459   0
    BANK FEES 60 60   0


    TY 2018 TaxesSchedule
    Name:
    THE SUNSHINE FOUNDATION INC
    EIN:
    57-1060737
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 3,423 3,423   0
    ESTIMATED TAXES 351 0   0
    FEDERAL TAX 0 0   0