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 PASCULANO FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)12 LOCH LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENWICH, CT06830
A Employer identification number

20-8037834
B Telephone number (see instructions)

(212) 697-1000
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$16,804,714J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,009,411
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 307,524 301,596  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 979,888
b Gross sales price for all assets on line 6a 9,273,794
7 Capital gain net income (from Part IV, line 2)... 979,888
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).......      
12 Total. Add lines 1 through 11........ 3,296,823 1,281,484  
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 13,170 9,878   3,292
c Other professional fees (attach schedule).... Click to see attachment 431 323   108
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,042 6,042   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 115,191 115,191   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 144,834 131,434   3,400
25 Contributions, gifts, grants paid....... 1,732,000 1,732,000
26 Total expenses and disbursements. Add lines 24 and 25 1,876,834 131,434   1,735,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,419,989
b Net investment income (if negative, enter -0-) 1,150,050
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............. 225,915 672,637 672,637
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) 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) 1,493,144 Click to see attachment3,025,834 3,020,414
b Investments—corporate stock (attach schedule)....... 2,611,710 Click to see attachment3,788,801 3,955,551
c Investments—corporate bonds (attach schedule)....... 1,488,313 Click to see attachment1,899,119 1,902,733
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,616,695 Click to see attachment6,089,531 7,253,379
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) 14,435,777 15,475,922 16,804,714
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 14,435,777 15,475,922
30 Total net assets or fund balances (see instructions)..... 14,435,777 15,475,922
31 Total liabilities and net assets/fund balances (see instructions). 14,435,777 15,475,922
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
14,435,777
2
Enter amount from Part I, line 27a .....................
2
1,419,989
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
15,855,766
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
379,844
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,475,922
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 9,185,104   8,293,906 891,198
b 88,690     88,690
c
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       891,198
b       88,690
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 979,888
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 547,000 16,142,525 0.033886
2016 1,356,661 14,938,638 0.090816
2015 860,171 15,354,241 0.056022
2014 1,186,473 16,532,173 0.071768
2013 797,934 16,081,433 0.049618
2
Total of line 1, column (d) .....................
2
0.302110
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
0.060422
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
17,917,818
5
Multiply line 4 by line 3......................
5
1,082,630
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,501
7
Add lines 5 and 6........................
7
1,094,131
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,735,400
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 11,501
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 11,501
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 11,501
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,795
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,295
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 273
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,521
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,521 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRICHARD PASCULANO Telephone no.bullet (212) 697-1000

    Located atbullet12 LOCH LANEGREENWICHCT ZIP+4bullet06830
    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
    RICHARD PASCULANO CO-PRESIDENT/DIRECTOR
    1.00     		0 0 0
    12 LOCH LANE
    GREENWICH,CT06830
    LYNNE PASCULANO CO-PRESIDENT/DIRECTOR/SECR
    1.00     		0 0 0
    12 LOCH LANE
    GREENWICH,CT06830
    MARK PASCULANO VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    22 CHESTNUT STREET
    BOSTON,MA02108
    SUZANNE MCGINN VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    1180 SHORE ROAD
    CAPE ELIZABETH,ME04107
    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
    16,898,323
    b
    Average of monthly cash balances.......................
    1b
    1,292,355
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,190,678
    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
    18,190,678
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    272,860
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,917,818
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    895,891
    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
    895,891
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    11,501
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,501
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    884,390
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    884,390
    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
    884,390
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,735,400
    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
    1,735,400
    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
    11,501
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,723,899
    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 7 884,390
    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...... 122,223
    c From 2015...... 123,117
    d From 2016...... 613,407
    e From 2017......  
    fTotal of lines 3a through e........ 858,747
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,735,400
    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..... 884,390
    e Remaining amount distributed out of corpus 851,010
    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 1,709,757
    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 ......     		1,709,757
    10 Analysis of line 9:
    a Excess from 2014.... 122,223
    b Excess from 2015.... 123,117
    c Excess from 2016.... 613,407
    d Excess from 2017....  
    e Excess from 2018.... 851,010
    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).)
    RICHARD PASCULANO
    LYNNE PASCULANO
    MARK PASCULANO
    SUZANNE MCGINN
    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
    ATLANTIC THEATRE COMPANY
    76 9TH AVE 537
    NEW YORK,NY10011     		N/A 501(C)(3) TO PROVIDE ASSISTANCE TO COVER COST OF PRODUCTIONS AND OTHER ARTS EDUCATION PROGRAMS. 3,000
    CAPE ELIZABETH LAND TRUST
    330 OCEAN HOUSE ROAD
    CAPE ELIZABETH,ME04107     		N/A 501(C)(3) TO HELP PRESERVE ONE OF THE CAPE'S "GREAT PLACES". 100,000
    LINCOLN CENTER EDUCATION
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		N/A 501(C)(3) TO IMPROVE PUBLIC SPACES, MODERNIZE CONCERT HALLS, AND RENOVATE EDUCATIONAL FACILITIES AT LINCOLN CENTER. 250,000
    NEW YORK CITY CENTER
    130 W 56TH ST
    NEW YORK,NY10019     		N/A 501(C)(3) TO HELP ENSURE THAT NEW YORK CITY'S CULTURAL LIFE REMAINS VIBRANT AND INTACT. 500,000
    NEW YORK PUBLIC LIBRARY
    445 FIFTH AVENUE
    NEW YORK,NY10016     		N/A 501(C)(3) TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, AND STRENGTHEN OUR COMMUNITIES 500,000
    THE ROUNDABOUT THEATRE COMPANY
    231 W 39TH STREET
    NEW YORK,NY10018     		N/A 501(C)(3) EDUCATION 4,000
    GREENWICH LIBRARY
    101 WEST PUTNAM AVENUE
    GREENWICH,CT06830     		N/A 501(C)(3) TO INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, AND STRENGTHEN OUR COMMUNITIES. 50,000
    GREENWICH HOSPITAL
    5 PERRYRIDGE ROAD
    GREENWICH,CT06830     		N/A 501(C)(3) TO PROVIDE HEALTHCARE SERVICES 200,000
    MAINE MEDICAL CENTER
    22 BRAMHALL STREET
    PORTLAND,ME04102     		N/A 501(C)(3) TO HELP ESTABLISH THE MCGINN ENDOWED SCHOLARSHIP FUND 125,000
    Total .................................bullet 3a 1,732,000
    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....     14 307,524  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 979,888  
    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 1,287,412 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,287,412
    (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 PASCULANO FOUNDATION
     
    Employer identification number

    20-8037834
    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 PASCULANO FOUNDATION
          		Employer identification number
    20-8037834
    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
    RICHARD AND LYNNE PASCULANO  
    12 LOCH LANE
     
    GREENWICH, CT06830

    		$ 2,009,411


    (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 PASCULANO FOUNDATION
          		Employer identification number

    20-8037834
    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
    1
    		 APPRECIATED SECURITIES $ 2,009,411 2018-06-07
    (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 PASCULANO FOUNDATION
          		Employer identification number

    20-8037834
    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 PASCULANO FOUNDATION
    EIN:
    20-8037834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,170 9,878   3,292

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERIPRISE FINANCIAL 61,427 61,243
    APPLE INC 75,231 74,721
    ATMOS ENERGY CORP 64,764 66,302
    BRISTOL MEYERS SQUIBB CO 60,209 58,045
    BURLINGTON NO SAN 46,317 47,759
    CISCO SYSTEMS 2.125% DUE 3/1/19 60,031 60,340
    COMERICA CORP 51,988 51,881
    DUKE ENERGY 76,993 76,598
    EXXON MOBIL CORP 99,936 99,712
    HOME DEPOT INC SR NT 49,924 49,262
    HOUSTON LTG & PWR CO 56,887 57,210
    INTL BK RECON 59,989 59,880
    MCDONALDS CORP 50,129 51,113
    NATIONAL RURAL UTILS COOP FIN 61,668 60,606
    PNC FUNDING CORP 67,248 67,697
    RELIANCE INDUSTRIES LTD 53,684 52,432
    ROYAL BK CDA 50,166 50,170
    SHELL INTL FIN 76,978 77,169
    UNITED PARCEL SERVICE 53,832 54,167
    MICHIGAN CONS GAS CO 35,516 35,973
    PUBLIC SVC ELEC GAS CO 34,818 34,876
    VIRGINIA ELEC & PWR CO 25,240 25,213
    CSX TRANS INC 2007 79,401 80,651
    UNION PACIFIC RR 72,370 72,288
    BANK OF MONTREAL 65,037 65,079
    SCHWAB CHARLES CORP NEW 50,014 49,956
    TOYOTA MOTOR CREDIT CORP 53,185 53,058
    GENZYME CORP 51,533 51,644
    PACCAR FINL CORP 59,860 60,024
    ENTERGY TEXAS INC 60,227 61,947
    MICHIGAN CONS GAS CO 60,878 61,669
    PUBLIC SVC ELEC GAS CO DUE 3/15/21 63,555 63,836
    PUBLIC SVC ELEC GAS CO DUE 8/15/20 10,084 10,212

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 38,510 62,927
    ACI WORLDWIDE INC. 10,855 12,728
    ADVANCED DISP SVCS INC DEL COM 13,285 13,646
    AGILENT TECHNOLOGIES 33,159 55,317
    ALLEGION PUB LTD 38,047 45,833
    ALLSCRIPTS HEALTHCARE SOLUTNS COM 15,335 9,948
    ALPHABET INC 50,398 91,134
    ALTRA INDUSTRIAL MOTION CORP 10,703 9,306
    AMERICAN WATER WORKS 19,634 33,131
    AMERIPRISE FINANCIAL 62,278 53,751
    AMETEK INC NEW COM 62,538 74,470
    AMGEN INCORPORATED 44,674 52,561
    AMN HEALTHCARE SERVICES INC COM 8,524 12,465
    ATMOS ENERGY CORP 27,253 41,260
    BANCORPSOUTH INC 19,722 20,389
    BLACKROCK INC 38,158 43,210
    BMC STK HLDGS INC COM 10,678 7,585
    BORG WARNER INC 48,917 39,951
    BROADRIDGE FINANCIAL SERVICES 17,851 32,244
    BROOKS AUTOMATION INC COM 13,335 13,875
    BRUNSWICK CORP 10,198 9,987
    C V B FINANCIAL CORP 15,839 17,094
    CALLON PETE CO DEL COM 11,417 6,879
    CHEVRON CORPORATION 36,497 39,273
    CINEMARK HOLDINGS 38,586 35,442
    CISCO SYSTEMS INC 47,579 74,744
    CITIGROUP INC 67,547 59,348
    CONCHO RES INC COM 60,180 45,742
    CVS HEALTH CORP 76,221 56,937
    DANA INCORPORATED COM 10,592 7,497
    DOWDUPONT INC COM 56,664 54,710
    EASTGROUP PROPERTIES INC 5,124 8,256
    EMCOR GROUP INC. 4,139 5,074
    ENTEGRIS INC. 3,069 5,300
    EOG RESOURCES INC 45,593 46,221
    ESCO TECHNOLOGIES INC 9,256 14,509
    F M C CORP 35,468 48,074
    FCB FINL HLDGS INC CL A 14,670 10,410
    FIDELITY NATL FINANCE 35,774 40,872
    FIDELITY NATL INFORMATION SVCS 41,694 55,377
    FULLER H B CO COM 15,432 13,228
    GLACIER BANCORP INC NEW COM 16,048 17,829
    GLATFELTER COM 9,812 4,587
    HALLIBURTON CO HLDG 39,889 24,188
    HARRIS CORP DEL COM 32,577 41,742
    HOME DEPOT INC 35,876 52,405
    HORACE MANN EDUCATORS CORP 10,310 10,673
    IBERIABANK CORP 19,382 19,284
    ICU MEDICAL INC 5,379 8,726
    INDEPENDENT BANK CORP 14,466 20,038
    INGEVITY CORP COM 3,488 6,695
    INGREDION INC 30,746 30,162
    J & J SNACK FOOD COR 9,963 12,290
    KNOLL INC 10,885 7,416
    LA-Z-BOY INC 11,537 11,915
    LABORATORY CORP AMER HLDGS 40,383 42,331
    LANCASTER COLONY CO 6,816 10,612
    LITHIA MOTORS INC 6,093 4,580
    LITTELFUSE INC 3,200 5,144
    MARSH & MCLENNAN CO 43,992 61,806
    MATADOR RESOURCES CO 15,182 10,095
    METHODE ELECTRONICS INC 12,029 8,035
    MGE ENERGY INC 4,675 6,895
    MICROSOFT CORP 35,036 62,973
    MINERALS TECHNOLOGIES INC 12,376 10,011
    MKS INSTRUMENTS INC 4,058 6,138
    MONDELEZ INTL 51,475 48,436
    MUELLER WTR PRODS INC COM SER A 10,733 8,736
    MURPHY USA INC COM 6,957 7,664
    NATUS MEDICAL INC DEL COM 12,983 11,230
    ONE GAS INC. 8,661 12,338
    PACWEST BANCORP 65,992 50,253
    PEBBLEBROOK HOTEL TR 20,131 15,571
    PFIZER INCORPORATED 37,398 48,888
    PHYSICIANS REALTY TR 11,720 11,542
    PLEXUS CORP COM 11,990 10,727
    PNC FINANCIAL SERVICES 52,729 61,962
    PORTLAND GENERAL ELEC CO 3,402 4,356
    PROCTOR & GAMBLE 35,244 40,904
    QTS REALTY TRUST INC 17,134 15,005
    ROGERS CORP COM 8,160 7,430
    ROSS STORES INC 17,342 28,704
    SEALED AIR CORP NEW COM 49,166 35,885
    SELECT ENERGY SVCS INC CL A COM 8,941 3,539
    SELECTIVE INS GROUP INC COM 15,373 17,673
    SNAP ON INC 53,620 47,946
    STANDEX INTERNATIONAL CO 8,358 6,718
    STRYKER CORP 31,362 50,160
    TEXAS INSTRUMENTS 36,218 59,063
    TRANSUNION.COM 25,503 42,032
    UNION PACIFIC CORP 29,646 42,160
    US ECOLOGY INC 11,147 15,115
    VERIZON COMMUNICATIONS INC 41,101 48,911
    WASTE CONNECTIONS INC 35,505 59,549
    WOLVERINE WORLD WIDE 9,103 12,756
    XYLEM INC 21,476 40,366
    ARTISAN PARTNERS FDS INC INTL 467,513 417,403
    INVESTMENT MANAGERS SER TR WCM 518,186 453,396
    SERVICE CORP INTL COM 41,728 46,299
    TARGET CORP COM 47,338 43,619
    GENERAL MILLS INC 45,324 39,719
    WILLIAMS COS INC DEL COM 59,236 46,305
    CERNER CORP COM 43,656 35,659
    FACEBOOK INC CL A 50,311 37,754
    CARTERS INC COM 7,916 6,530
    CENTRAL GARDEN & PET CO 6,768 6,875
    OXFORD INDS INC 9,379 7,814
    STONERIDGE INC COM 9,513 6,409
    VISTEON CORP COM NEW 6,140 3,014
    MAGNOLIA OIL & GAS CORP 8,084 7,287
    INTEGER HLDGS CORP COM 12,328 12,202
    GIBRALTAR INDS INC COM 9,852 9,253
    FORWARD AIR CORP 9,656 7,679
    SEMTECH CORP 10,720 11,697
    SYNNEX CORP 16,992 13,743

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    US Government Securities - End of Year Book Value:

    1,959,285
    US Government Securities - End of Year Fair Market Value:

    1,951,914
    State & Local Government Securities - End of Year Book Value:


    1,066,549
    State & Local Government Securities - End of Year Fair Market Value:


    1,068,500


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARDING LOEVNER FDS AT COST 303,424 300,082
    ISHARES INC MSCI FRNTR AT COST 223,923 236,658
    ISHARES MSCI EAFE ETF AT COST 729,491 695,955
    ISHARES RUSSELL 2000 GROW AT COST 492,703 568,680
    ISHARES TR RUSSELL 1000 AT COST 1,924,824 2,553,400
    OPPENHEIMER DEVELOPING MKTS AT COST 358,320 406,343
    PRIMECAP ODYSSEY AGGR AT COST 289,911 328,126
    PRIMECAP ODYSSEY GROWTH AT COST 1,335,577 1,701,689
    SMALL BUS ADMIN AT COST 6,352 6,178
    SMALL BUS ADMIN AT COST 20,275 20,434
    T ROWE PRICE EMRG MKTS AT COST 308,780 332,011
    VANGUARD INTL EQUITY EMERGING MARKETS AT COST 95,951 103,823

    TY 2018 OtherDecreasesSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Description Amount
    DIFFERENCE BETWEEN FMV AND BOOK VALUE OF CONTRIBUTED STOCK 379,844


    TY 2018 OtherExpensesSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 115,191 115,191   0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REGISTERED AGENT FEES 431 323   108


    TY 2018 TaxesSchedule
    Name:
    THE PASCULANO FOUNDATION
    EIN:
    20-8037834
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID/ACCRUED 6,042 6,042   0
    FEDERAL EXCISE TAX 10,000 0   0