TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
ERNEST G DEBAKEY CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)33561 BOARDWALK DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SPANISH FORT, AL36527

A Employer identification number

72-1374786

B Telephone number (see instructions)

(251) 621-1344

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$17,761,470J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	97		97
4	Dividends and interest from securities...	358,851		358,851
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		505,415
b	Gross sales price for all assets on line 6a 3,452,001
7	Capital gain net income (from Part IV, line 2)...			505,415
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).......		51,666	51,666
12	Total. Add lines 1 through 11........	916,029		916,029
13	Compensation of officers, directors, trustees, etc.	31,874		15,937	15,937
14	Other employee salaries and wages......	35,292		0	35,292
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		17,800	8,900	8,900
b	Accounting fees (attach schedule).......		9,850	4,925	4,925
c	Other professional fees (attach schedule)....		70,718	70,718	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		32,371	7,939	2,700
19	Depreciation (attach schedule) and depletion...		369	369
20	Occupancy..............
21	Travel, conferences, and meetings.......	742		0	742
22	Printing and publications..........
23	Other expenses (attach schedule).......		48,645	0	48,645
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	247,661		108,788	117,141
25	Contributions, gifts, grants paid.......	788,509			788,509
26	Total expenses and disbursements. Add lines 24 and 25	1,036,170		108,788	905,650
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-120,141
b	Net investment income (if negative, enter -0-)			807,241
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	210,035	597,092	597,092
	2	Savings and temporary cash investments.........	75,629	71,013	71,013
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,514,267	1,677,103	1,663,944
	b	Investments—corporate stock (attach schedule).......	3,735,995	3,758,114	4,656,186
	c	Investments—corporate bonds (attach schedule).......	6,519,891	5,806,484	5,671,987
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,116,556	5,168,222	5,086,866
	14	Land, buildings, and equipment: basis 14,382
		Less: accumulated depreciation (attach schedule) 1,103	13,648	13,279	14,382
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	17,186,021	17,091,307	17,761,470
	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 )	2,170	2,212
	23	Total liabilities (add lines 17 through 22).........	2,170	2,212
		Foundations that follow SFAS 117, check here
		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
		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	17,183,851	17,089,095
	30	Total net assets or fund balances (see instructions).....	17,183,851	17,089,095
	31	Total liabilities and net assets/fund balances (see instructions).	17,186,021	17,091,307

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

17,183,851

Enter amount from Part I, line 27a .....................

-120,141

Other increases not included in line 2 (itemize) bullet

25,385

Add lines 1, 2, and 3 ..........................

17,089,095

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

17,089,095

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	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES	P
b	LAND OIL RIGHTS INTEREST	P	2018-11-30
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,349,948	2,946,586	403,362
b	37,500		37,500
c	64,553		64,553
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			403,362
b			37,500
c			64,553
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	505,415
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 ...................		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? Yes No

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	862,281	18,522,237	0.046554
2016	931,146	17,866,588	0.052117
2015	920,943	18,867,630	0.048811
2014	881,610	19,084,161	0.046196
2013	720,846	18,274,017	0.039446

Total of line 1, column (d) .....................

0.233124

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 ......

0.046625

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

18,454,539

Multiply line 4 by line 3......................

860,443

Enter 1% of net investment income (1% of Part I, line 27b)...........

8,072

Add lines 5 and 6........................

868,515

Enter qualifying distributions from Part XII, line 4,.............

905,650

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)

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 and enter “N/A" on line 1.
	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	8,072
	hereand 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	8,072
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	8,072
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	14,280
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	14,280
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	6,208
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax6,208	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

NICOLE MASSINGILL Telephone no. bullet

(251) 621-1344

Located at bullet

1729 SPRINGHILL AVENUEMOBILEAL ZIP+4 bullet

36604

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
FRANK L MCPHILLIPS MD	DIRECTOR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	DIRECTOR 0.10	3,000
KERMIT BISHOP	DIRECTOR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	DIRECTOR 0.10	3,000
MARSHA DEBAKEY	PRES/TRE/DIR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	PRES/TRE/DIR 0.10	3,000
FT BOUDREAU III MD	DIRECTOR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	DIRECTOR 0.10	3,000
JOHN H MARTIN	SEC/DIRECTOR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	SEC/DIRECTOR 0.10	3,000
LEIGH ANNE FLEMING	DIRECTOR 0.10	3,000
1729 SPRINGHILL AVENUE MOBILE,AL36604	DIRECTOR 0.10	3,000
TRUSTMARK	TRUSTEE 0.10	13,874
1729 SPRINGHILL AVENUE MOBILE,AL36604	TRUSTEE 0.10	13,874

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...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

14,911,123

Average of monthly cash balances.......................

505,026

Fair market value of all other assets (see instructions)................

3,319,424

Total (add lines 1a, b, and c).........................

18,735,573

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

18,735,573

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

281,034

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

18,454,539

Minimum investment return. Enter 5% of line 5..................

922,727

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.)

Minimum investment return from Part X, line 6....................

922,727

Tax on investment income for 2018 from Part VI, line 5......

8,072

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

8,072

Distributable amount before adjustments. Subtract line 2c from line 1............

914,655

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

914,655

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

914,655

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

905,650

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

905,650

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.................

8,072

Adjusted qualifying distributions. Subtract line 5 from line 4..............

897,578

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)

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					914,655
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				0
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......	2,179
d From 2016......	50,863
e From 2017......
fTotal of lines 3a through e........		53,042
4Qualifying distributions for 2018 from Part
XII, line 4: $ 905,650
a Applied to 2017, but not more than line 2a				0
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.....					905,650
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		9,005			9,005
(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		44,037
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		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 ......		44,037
10 Analysis of line 9:
a Excess from 2014....
b Excess from 2015....
c Excess from 2016....	44,037
d Excess from 2017....
e Excess from 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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

NICOLE MASSINGILL
33561 BOARDWALK DRIVE
SPANISH FORT,AL36527
(251) 621-1344

bThe form in which applications should be submitted and information and materials they should include:

NO FORMS; LETTER TO OUTLINE REQUEST

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARTHRITIS FOUNDATION 1011 HILLCREST RD MOBILE,AL36695		PUBLIC	COMMUNITY WELFARE	5,000
ASSISTANCE LEAGUE OF MOBILE PO BOX 850212 MOBILE,AL36685		PUBLIC	COMMUNITY WELFARE	10,000
CHRISTIAN MEDICAL MINISTRY 1530 3RD AVENUE SOUTH BIRMINGHAM,AL352943412		PUBLIC	COMMUNITY WELFARE	45,000
DRUG EDUCATION COUNCIL 3000 TELEVISION AVENUE MOBILE,AL36606		PUBLIC	EDUCATION	10,000
INFIRMARY FOUNDATION 5 MOBILE INFIRMARY CIRCLE MOBILE,AL36607		PUBLIC	COMMUNITY WELFARE	211,000
MOBILE AREA COUNCIL 2587 GOVERNMENT BLVD MOBILE,AL36606		PUBLIC	COMMUNITY WELFARE	500
MOBILE COUNTY HEALTH DEPARTMENT- STUDENTS WORKING AGAINST TOBACCO(SWAT) 251 NORTH BAYOU STREET MOBILE,AL36603		PUBLIC	COMMUNITY WELFARE	40,000
MULHERIN HOME 2496 HALLS MILL ROAD MOBILE,AL36606		PUBLIC	COMMUNITY WELFARE	15,000
OZANAM CHARITABLE PHARMACY 571 DAUPHIN ST MOBILE,AL36602		PUBLIC	COMMUNITY WELFARE	9,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL 501 ST JUDE PLACE MEMPHIS,TN38105		PUBLIC	COMMUNITY WELFARE	30,000
THE EXCEPTIONAL FOUNDATION 28788 N MAIN ST DAPHNE,AL36526		PUBLIC	COMMUNITY WELFARE	10,000
TULANE UNIVERSITY 6823 ST CHARLES AVENUE NEW ORLEANS,LA70118		PUBLIC	EDUCATION	128,509
UNIVERSITY OF SOUTH ALABAMA 307 NORTH UNIVERSITY BLVD MOBILE,AL36608		PUBLIC	EDUCATION	160,000
ALABAMA HEALTHCARE HALL OF FAME PO BOX 20647 TUSCALOOSA,AL35402		PUBLIC	COMMUNITY WELFARE	5,000
CAMP RAP-A-HOPE FOUNDATION INC 2701 AIRPORT BLVD MOBILE,AL36606		PUBLIC	COMMUNITY WELFARE	15,000
NATIONAL MULTIPLE SCLEROSIS SOCIETY 733 THIRD AVENUE 3RD FLOOR NEW YORK,NY10017		PUBLIC	COMMUNITY WELFARE	4,500
PARKINSON ASSOCIATION OF ALABAMA PO BOX 590146 HOMEWOOD,AL35259		PUBLIC	COMMUNITY WELFARE	20,000
UNITED CEREBRAL PALSY OF MOBILE 3058 DAUPHIN SQUARE CONNECTOR MOBILE,AL36607		PUBLIC	COMMUNITY WELFARE	10,000
UNIVERSITY OF MOBILE 5735 COLLEGE PKWY MOBILE,AL36613		PUBLIC	EDUCATION	60,000
Total ................................. 3a				788,509

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	97
4 Dividends and interest from securities....			14	358,851
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	51,666
8 Gain or (loss) from sales of assets other than inventory ............			18	505,415
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		916,029	0

13Total. Add line 12, columns (b), (d), and (e)..................

916,029

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	9,850	4,925		4,925

- TIN:

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

TY 2018 DepreciationSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
OFFICE BUILDING	2015-12-15	7,085	372	SL	39.000000000000	182	0

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CONOCO INC USD 6.95% DUE 04/15/2029	119,667	123,651
ABBVIE INC 2.5% 5/14/20	80,004	79,241
ALLSTATE CORP 3.15% 6/15/23	79,232	79,898
ALTRIA GROUP INC 4.75% 5/5/2021	86,231	81,763
AMAZON.COM 3.3% 12/5/21	101,289	101,225
AMERICAN EXPRESS CREDIT DTD 09/14/2015 2.6% 09/14/2020	81,086	79,181
AMERICAN EXPRESS CREDIT CORP 2.25% 8/15/19	125,382	124,433
ANHEUSER-BUSCH INBEV WORLDWIDE INC 6.875% 11/15/19	77,946	77,298
APPLE INC 3.2% DUE 5-13-2025	149,445	147,521
APPLIED MATERIALS INC 4.3% 6/15/2021	84,959	82,358
AT&T INC 2.3% 3/11/2019	100,479	99,822
AT&T INC 5.55% DUE 8/15/2041	153,990	147,072
BOEING CO 2.35% DUE 10-30-2021	149,520	147,706
BOEING CO 6% DUE 03/15/2019	76,495	75,363
BRISTOL MYERS SQUIBB CO 1.75% DUE 03/01/2019	79,327	79,827
CAMERON INTERNATIONAL CORP 4% DUE 12/15/2023-2023	150,094	148,584
CARDINAL HEALTH INC 3.5% DUE 11-15-2024	98,294	96,260
CENTERPOINT ENER 2.25% DUE 08/01/2022	146,718	144,899
CHARLES SCHWAB CORP 3% 3/10/2025	102,233	96,630
CHARLES SCHWAB CORP 4.45% 7/22/2020	78,880	76,651
COMCAST CORPORATION 3.6% DUE 03/01/2024	152,198	150,360
COMCAST CORPORATION 5.7% DUE 07/01/2019	79,034	75,884
DUKE ENERGY PROGRESS LLC 3.375% 9/1/23	79,813	80,356
ENTERPRISE PRODUCTS OPER LLC DTD 08/24/2011 4.05% 02/15/2022	84,083	81,231
FEDEX 4% DUE 01/15/2024	153,102	153,618
FEDEX CORP 2.3% DUE 2-1-2020	75,090	74,325
FORD MOTOR CREDIT CO LLC 4.375% DUE 8-6-2023	102,846	94,724
GILEAD SCIENCES INC 3.5% DUE 2-1-2025	150,399	148,019
GILEAD SCIENCES INC DTD 09/14/2015 2.55% 09/01/2020	70,160	69,434
HALLIBURTON COMPANY 3.5% 8/1/2023	152,762	148,893
HALLIBURTON COMPANY DTD 11/14/2011 3.25% 11/15/2021	81,317	79,935
HOME DEPOT INC 2% 4/1/2021	60,158	58,815
INTEL CORP 3.3% 10/1/2021	84,092	80,847
INTEL CORP 3.3% DUE 10/1/2021	102,847	101,059
INTERNATIONAL PAPER CO DTD 11/16/2011 4.75% 02/15/2022	2,130	2,086
JOHN DEERE CAPITAL CORP 2.750% DUE 03/15/2022	151,073	147,710
JOHN DEERE CAPITAL CORP DTD 06/29/2012 2.8% 01/27/2023	101,728	97,928
JPMORGAN CHASE & CO 2.55% 3/1/2021	101,198	98,590
JPMORGAN CHASE AND CO 3.125% DUE 1-23-2025	146,650	142,906
LOCKHEED MARTIN CORP 3.55% 1/15/2026	130,100	124,036
MICROSOFT CORP NOTE 3.000% DUE 10/01/2020	102,576	100,676
NORFOLK SOUTHERN CORP 4.8% 8/15/2043	147,894	124,561
OCCIDENTAL PETROLEUM CORP 4.1% 2/1/21	81,830	81,383
REALTY INCOME CORP 4.125% DUE 10-15-2026	155,973	150,895
TARGET CORP 2.3% 6/26/2019	100,560	99,677
UNION PACIFIC CORP 4.163% 7/15/2022	79,841	76,796
VALERO ENERGY CORP 7.5% DUE 4/15/2032	106,351	123,335
VALERO ENERGY CORP DTD 02/08/2010 6.125% 02/01/2020	105,838	102,922
VIRGINIA ELECTRIC & POWER CO 2.95% DUE 01/15/2022	99,397	98,911
VISA INC 2.8% 12/14/22	98,123	98,745
WALGREEN CO DTD 09/13/2012 3.1% 09/15/2022	102,342	97,550
WALGREENS BOOTS ALLIANCE INC 4.8% DUE 11-18-2044	132,564	113,809
WALT DISNEY COMPANY 2.95% 6/15/2027	150,095	144,106
WALT DISNEY COMPANY/THE DTD 02/14/2012 2.55% 02/15/2022	81,041	78,718
WELLS FARGO AND CO 2.125% DUE 04/22/2019	80,008	79,764

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOT LABORATORIES COM	81,268	111,388
ABBVIE INC COM	71,277	92,190
ALPHABET INC CLASS A	190,020	250,790
AMGEN INC	164,423	169,363
APPLE INC COM	166,979	236,610
AUTOZONE INC	116,165	134,134
BERKSHIRE HATHAWAY INC	76,779	108,215
BROADRIDGE FINANCIAL SOLUTIONS	18,034	25,025
CISCO SYSTEMS INC	120,008	110,491
CITRIX SYSTEMS INC	34,618	50,205
CLOROX CO	52,090	61,656
COCA COLA CO COM	82,368	93,279
COGNIZANT TECHNOLOGY SOLUTIONS CORP	63,000	49,514
COMCAST CORPORATION CL A	108,951	127,687
COOPER COMPANIES INC	94,572	111,980
COSTCO WHOLESALE CORP NEW	80,907	81,484
DANAHER CORPORATION	41,669	74,246
DELL TECHNOLOGIES	22,056	23,619
DUNKIN' BRANDS GROUP INC	73,928	76,303
ECOLAB INCORPORATED	99,526	139,982
EXPEDITORS INTL WASH INC	51,852	68,090
F5 NETWORKS INC	90,105	105,320
FEDEX CORP	20,869	20,973
FISERV INC	89,194	98,477
FORTIVE CORP	28,259	46,009
GARRETT MOTION INC	748	1,012
HOME DEPOT INCORPORATED	124,859	170,102
HONEYWELL INTERNATIONAL INC COM	77,889	117,587
ILLINOIS TOOL WORKS	71,637	68,413
JOHNSON AND JOHNSON COM	29,155	32,263
KEURIG DR PEPPER INC	72,832	50,767
LABORATORY CORP AMERICAN HOLDINGS	104,005	88,452
LOCKHEED MARTIN CORPORATION	90,025	78,552
MARSH AND MCLENNAN COS INC	78,059	103,675
MASTERCARD INCORPORATED	63,157	141,488
MCCORMICK & CO INC	52,512	75,190
MCDONALDS CORP	77,362	110,093
MICROSOFT CORP	116,287	230,564
NIKE INC	22,426	20,018
ORACLE CORPORATION	76,042	74,498
PAYCHEX	90,912	89,256
RESIDEO TECHNOLOGIES INC	2,108	2,795
TJX COMPANIES INC	76,509	90,822
UNION PACIFIC CORP	73,867	89,850
UNITEDHEALTH GROUP INC	75,198	146,981
VARIAN MED SYS INC	32,215	45,324
VERISK ANALYTICS INC	57,120	74,147
VERIZON COMMUNICATIONS, INC	53,792	66,340
VMWARE INC CLASS A	33,668	46,624
WALT DISNEY COMPANY	166,813	174,343

- TIN:

TY 2018 InvestmentsGovtObligationsSch

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

US Government Securities - End of Year Book Value:

1,677,103

US Government Securities - End of Year Fair Market Value:

1,663,944

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

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

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
AMERICAN FUNDS EUROPACIFIC GROWTH FD F2	AT COST	1,033,706	1,280,276
GABELLI FOCUS FIVE FUND	AT COST	1,000,000	693,259
EVANSTON ALTERNATIVE OPPORTUNITIES FUND	AT COST	1,000,000	1,041,272
990013054 VAN BIEMA GLOBAL VALUE FUND, LP	AT COST	1,055,459	1,088,608
990013062 VAN BIEMA ASIA VALUE FUND, LP	AT COST	1,079,057	983,451

- TIN:

TY 2018 LegalFeesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	17,800	8,900		8,900

- TIN:

TY 2018 OtherExpensesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OFFICE EXPENSES	7,370	7,370
DUES	100	100
INSURANCE	14,136	14,136
DRUG EDUCATION PROGRAM	26,865	26,865
REPAIRS & MAINTENANCE	174	174

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
VAN BIEMA ASIA VALUE FUND LP	25,236	25,236	25,236
VAN BIMA GLOBAL VALUE FUND LP	26,430	26,430	26,430

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Description	Amount
BOOK TO TAX TIMING DIFFERENCE	25,385

- TIN:

TY 2018 OtherLiabilitiesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL TAX LIABILITY	2,170	2,212

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	50,718	50,718		0
MANAGEMENT FEES	20,000	20,000		0

- TIN:

TY 2018 TaxesSchedule

Name:

ERNEST G DEBAKEY CHARITABLE FOUNDATION

EIN:

72-1374786

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FEDERAL TAXES PAID	21,732	0	0
PAYROLL TAXES	2,700	0	2,700
FOREIGN TAXES	7,939	7,939	0