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
OAK SPRING GARDEN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1776 LOUGHBOROUGH LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
UPPERVILLE, VA20184
A Employer identification number

54-1672141
B Telephone number (see instructions)

(540) 592-3159
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$331,503,607J 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) 465,664
2 Check bullet.............
3 Interest on savings and temporary cash investments 763,830 763,830 763,830
4 Dividends and interest from securities... 133,205 133,205 133,205
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,603,781
b Gross sales price for all assets on line 6a 16,841,079
7 Capital gain net income (from Part IV, line 2)... 4,603,781
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 9,605
b Less: Cost of goods sold.... 6,833
c Gross profit or (loss) (attach schedule)..... 2,772 2,772
11 Other income (attach schedule)....... Click to see attachment 1,889,773 1,849,977 1,889,773
12 Total. Add lines 1 through 11........ 7,859,025 7,350,793 2,789,580
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 667,210 0 0 667,210
14 Other employee salaries and wages...... 3,302,958 0 0 3,125,324
15 Pension plans, employee benefits....... 1,167,845 0 0 1,228,397
16a Legal fees (attach schedule)......... Click to see attachment 27,290 0 0 25,528
b Accounting fees (attach schedule)....... Click to see attachment 49,447 0 0 38,478
c Other professional fees (attach schedule).... Click to see attachment 1,643,219 1,016,673 1,016,673 638,221
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 317,972 0 0 317,770
19 Depreciation (attach schedule) and depletion... 719,378 0 0
20 Occupancy.............. 464,193 0 0 462,175
21 Travel, conferences, and meetings....... 247,816 0 0 245,395
22 Printing and publications.......... 14,928 0 0 14,595
23 Other expenses (attach schedule)....... Click to see attachment 971,477 0 0 1,026,895
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,593,733 1,016,673 1,016,673 7,789,988
25 Contributions, gifts, grants paid....... 222,789 183,339
26 Total expenses and disbursements. Add lines 24 and 25 9,816,522 1,016,673 1,016,673 7,973,327
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,957,497
b Net investment income (if negative, enter -0-) 6,334,120
c Adjusted net income (if negative, enter -0-)... 1,772,907
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............. 517,139 1,161,825 1,161,825
2 Savings and temporary cash investments......... 38,296,983 36,376,330 36,376,330
3 Accounts receivable bullet4,431
Less: allowance for doubtful accounts bullet   490 4,431 4,431
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.............. 695,669 685,271 825,520
9 Prepaid expenses and deferred charges.......... 183,041 318,951 318,951
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,883,649 Click to see attachment10,782,278 10,782,278
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 180,095,308 Click to see attachment158,868,417 158,868,417
14 Land, buildings, and equipment: basis bullet33,701,818
Less: accumulated depreciation (attach schedule) bullet1,837,781 30,288,676 31,864,037 31,864,037
15 Other assets (describe bullet) Click to see attachment91,290,541 Click to see attachment91,301,818 Click to see attachment91,301,818
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 352,251,496 331,363,358 331,503,607
Liabilities 17 Accounts payable and accrued expenses.......... 280,433 167,462
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) Click to see attachment1,000 Click to see attachment238,798
23 Total liabilities (add lines 17 through 22)......... 281,433 406,260
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.................. 147,124,592 127,977,738
25 Temporarily restricted............... 204,445,471 202,579,360
26 Permanently restricted............... 400,000 400,000
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 351,970,063 330,957,098
31 Total liabilities and net assets/fund balances (see instructions). 352,251,496 331,363,358
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
351,970,063
2
Enter amount from Part I, line 27a .....................
2
-1,957,497
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
350,012,566
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
19,055,468
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
330,957,098
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SHORT TERM GAINS FROM PTES P 2018-01-01 2018-12-31
b LONG TERM GAINS FROM PTES P 2017-01-01 2018-12-31
c 1057.074 SH VANGUARD ULTRA ST P 2017-07-03 2018-03-27
d 1057.074 SH VANGUARD ULTRA ST P 2017-07-03 2018-06-01
e 583.308 SH VANGUARD ULTRA ST P 2017-08-01 2018-02-12
2063.702 SH VANGUARD ULTRA ST P 2017-12-01 2018-03-27
1907.145 SH VANGUARD ULTRA ST P 2017-12-01 2018-06-01
9229.048 SH VANGUARD ULTRA ST P 2017-12-04 2018-03-27
48309.668 SH VANGUARD ULTRA ST P 2016-10-18 2018-02-12
13732.275 SH VANGUARD ULTRA ST P 2016-10-18 2018-02-12
50100.2 SH VANGUARD ULTRA ST P 2016-10-18 2018-01-12
37800.627 SH VANGUARD ULTRA ST P 2016-10-18 2018-03-27
50276 SH VANGUARD ULTRA ST P 2016-10-18 2018-04-20
50226.017 SH VANGUARD ULTRA ST P 2016-10-18 2018-05-11
44262.893 SH VANGUARD ULTRA ST P 2016-10-18 2018-06-01
2998.905 SH VANGUARD ULTRA ST P 2016-10-18 2018-06-01
WASH SALES DISALLOWED - VANGUARD P 2018-01-01 2018-12-31
20 AMAZON, INC. P 2017-05-10 2018-02-13
38 AMAZON, INC. P 2017-05-10 2018-03-16
20 AMAZON, INC. P 2017-05-10 2018-03-29
7 AMAZON, INC. P 2017-05-10 2018-07-27
650 AON PLC P 2017-05-10 2018-01-09
215 AON PLC P 2017-05-10 2018-06-05
973 AON PLC P 2017-05-10 2018-10-30
645 BANK OF AMERICA CORP. P 2017-03-15 2018-05-11
2005 BANK OF AMERICA CORP. P 2017-03-15 2018-06-13
1450 BANK OF AMERICA CORP. P 2017-03-15 2018-09-07
203 BANK OF AMERICA CORP. P 2017-05-10 2018-09-07
3997 BANK OF AMERICA CORP. P 2017-05-10 2018-09-19
0.76 BARCLAYS PLC ADR P 2018-02-21 2018-04-23
0.75 BARCLAYS PLC ADR P 2018-02-21 2018-10-01
680 BERKLEY WR CORP. P 2017-03-15 2018-08-03
320 BERKLEY WR CORP. P 2017-03-15 2018-10-02
1300 BERKLEY WR CORP. P 2017-03-15 2018-10-02
750 BERKSHIRE HATHAWAY, INC. CL B P 2017-03-15 2018-02-16
1125 DISH NETWORK CORP. CL A P 2017-12-07 2018-08-28
960 DISH NETWORK CORP. CL A P 2018-01-18 2018-08-28
925 ECOLAB, INC. P 2017-05-10 2018-02-16
345 ECOLAB, INC. P 2017-03-15 2018-06-15
900 ECOLAB, INC. P 2017-03-15 2018-11-06
625 ECOLAB, INC. P 2017-05-10 2018-06-06
450 ECOLAB, INC. P 2017-05-10 2018-06-15
600 FIDELITY NATIONAL INFORMATION SERVICES, INC. P 2017-05-10 2018-05-01
600 FIDELITY NATIONAL INFORMATION SERVICES, INC. P 2017-03-15 2018-05-01
200 GENERAL DYNAMICS, INC. P 2017-05-10 2018-04-11
300 GENERAL DYNAMICS, INC. P 2017-03-15 2018-04-11
900 JP MORGAN CHASE & CO P 2017-03-15 2018-02-13
200 JP MORGAN CHASE & CO P 2017-05-10 2018-02-13
2600 JP MORGAN CHASE & CO P 2017-05-10 2018-10-11
325 MARRIOTT INTL INC. CL A P 2017-05-10 2018-06-06
400 MICROSOFT COPR. P 2017-05-10 2018-10-04
3400 MONDELEZ INTERNATIONAL, INC. P 2017-03-15 2018-01-22
3400 MONDELEZ INTERNATIONAL, INC. P 2017-05-10 2018-01-22
630 ORACLE CORPORATION P 2017-05-10 2018-05-04
1335 ORACLE CORPORATION P 2017-05-10 2018-06-07
2381 ORACLE CORPORATION P 2017-05-10 2018-09-10
950 PEPSICO, INC P 2017-03-15 2018-01-30
189 THERMO FISHER SCIENTIFIC, INC. P 2017-03-15 2018-10-26
511 THERMO FISHER SCIENTIFIC, INC. P 2017-03-15 2018-11-06
600 THERMO FISHER SCIENTIFIC, INC. P 2017-05-10 2018-10-26
721 TRIPADVISOR, INC. P 2017-10-31 2018-12-03
225 TWENTY-FIRST CENTURY FOX CL A P 2018-02-09 2018-04-16
2130 TWENTY-FIRST CENTURY FOX CL B P 2018-02-06 2018-05-21
2095 UNITED PARCEL SERVICES P 2018-02-02 2018-11-05
KING STREET CAPITAL, LTD-A1 P 2016-06-30 2018-09-28
SENATOR GLOBAL OPPORTUNITY OFFSHORE P 2016-05-01 2018-10-17
LOSS ON INVENTORY P 2017-01-01 2018-12-31
LOSS ON SALE OF PROPERTY AND EQUIPMENT P 2017-01-01 2018-12-31
LOSS ON DISPOSAL OF COLLECTION ITEMS P 2017-01-01 2018-12-31
WASH SALES DISALLOWED - VANGUARD P 2017-01-01 2018-12-31
(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     83,174 -83,174
b 4,039,187     4,039,187
c 21,078   22,130 -1,052
d 21,046   22,098 -1,052
e 11,643   11,695 -52
41,150   42,734 -1,584
37,971   39,435 -1,464
184,027   184,950 -923
964,261   969,092 -4,831
274,096   275,195 -1,099
1,000,000   1,004,008 -4,008
753,745   757,525 -3,780
1,001,498   1,007,531 -6,033
1,000,000   1,006,529 -6,529
881,274   887,028 -5,754
59,708   60,128 -420
2,568     2,568
28,137   18,988 9,149
60,012   36,077 23,935
28,853   18,988 9,865
12,980   6,646 6,334
89,277   80,724 8,553
30,352   26,701 3,651
151,545   120,838 30,707
19,919   16,297 3,622
59,795   50,658 9,137
44,717   36,636 8,081
6,260   4,911 1,349
123,666   96,687 26,979
8   9 -1
7   8 -1
51,563   49,594 1,969
25,259   23,339 1,920
102,617   86,298 16,319
153,485   130,870 22,615
40,736   54,630 -13,894
34,761   43,767 -9,006
121,993   117,220 4,773
50,466   43,282 7,184
140,518   112,909 27,609
91,214   79,203 12,011
65,825   57,026 8,799
59,435   50,136 9,299
59,435   49,467 9,968
43,170   38,844 4,326
64,756   57,458 7,298
101,426   82,514 18,912
22,539   17,480 5,059
286,091   227,239 58,852
45,580   33,406 12,174
45,080   27,820 17,260
150,362   152,237 -1,875
150,362   150,289 73
28,767   28,658 109
63,737   60,727 3,010
116,200   108,309 7,891
114,243   105,523 8,720
43,479   30,470 13,009
121,004   82,381 38,623
138,028   102,439 35,589
46,893   26,883 20,010
8,351   7,910 441
79,688   75,817 3,871
223,850   243,497 -19,647
2,000,000   1,821,783 178,217
1,000,000   859,103 140,897
    1,252 -1,252
    273 -273
    109,825 -109,825
1,386     1,386
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       -83,174
b       4,039,187
c       -1,052
d       -1,052
e       -52
      -1,584
      -1,464
      -923
      -4,831
      -1,099
      -4,008
      -3,780
      -6,033
      -6,529
      -5,754
      -420
      2,568
      9,149
      23,935
      9,865
      6,334
      8,553
      3,651
      30,707
      3,622
      9,137
      8,081
      1,349
      26,979
      -1
      -1
      1,969
      1,920
      16,319
      22,615
      -13,894
      -9,006
      4,773
      7,184
      27,609
      12,011
      8,799
      9,299
      9,968
      4,326
      7,298
      18,912
      5,059
      58,852
      12,174
      17,260
      -1,875
      73
      109
      3,010
      7,891
      8,720
      13,009
      38,623
      35,589
      20,010
      441
      3,871
      -19,647
      178,217
      140,897
      -1,252
      -273
      -109,825
      1,386
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 4,603,781
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 -1,457
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 21,632,424 215,764,090 0.100260
2016 9,227,478 170,163,294 0.054227
2015 93,544 99,980 0.935627
2014 10,887 111,565 0.097584
2013 8,155 45,081 0.180897
2
Total of line 1, column (d) .....................
2
1.368595
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
0.273719
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
200,146,981
5
Multiply line 4 by line 3......................
5
54,784,031
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
63,341
7
Add lines 5 and 6........................
7
54,847,372
8
Enter qualifying distributions from Part XII, line 4,.............
8
10,269,139
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 1 126,682
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........................... 3 126,682
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- ..... 5 126,682
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 199,000
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.............. 7 199,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 72,318
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet72,318 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)
    bulletVA
    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
    Yes
     
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbulletWWW.OSGF.ORG
    14
    The books are in care ofbulletJACQUELYN WONG Telephone no.bullet (540) 592-3240

    Located atbullet1776 LOUGHBOROUGH LANEUPPERVILLEVA ZIP+4bullet20184
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PETER CRANE PRESIDENT
    40.00     		509,616 31,784 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    TONY WILLIS TREASURER
    40.00     		157,594 13,623 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    W TAYLOR REVELEY III CHAIRMAN
    2.00     		0 0 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    LEWIS W BERNARD TRUSTEE
    2.00     		0 0 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    THOMAS E LOVEJOY TRUSTEE
    2.00     		0 0 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    DOROTHY ROBINSON TRUSTEE
    2.00     		0 0 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    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
    JACQUELYN WONG DIRECTOR OF FINANCE
    40.00     		100,961 30,125 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    FREDERICK GLASCOCK MAINTENANCE
    40.00     		85,868 26,102 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    KATHARINE OLIMPI ADMINISTRATION
    40.00     		80,818 30,395 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    RONNIE E CAISON HOSPITALITY
    40.00     		84,359 24,932 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    J RANDOLPH EMBREY GARDENS
    40.00     		97,261 8,115 0
    1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184
    Total number of other employees paid over $50,000...................bullet 20
    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
    EAGLE CAPITAL MANAGEMENT INVESTMENT MANAGEMENT 100,978
    499 PARK AVENUE 17TH FLOOR
    NEW YORK,NY10022
    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 OSG HOSTED EVENTS, WORKSHOPS AND EMERGING LEADERS. 1,525,704
    2 OSG MAINTENANCE, IMPROVEMENTS AND UPKEEP OF THE GROUNDS, FORMAL GARDENS, AND BUILDINGS. 4,054,580
    3 OSG CONSERVATION, RESTORATION AND LIBRARY EXPENDITURES. 2,030,984
    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
    41,995,817
    b
    Average of monthly cash balances.......................
    1b
    2,330,671
    c
    Fair market value of all other assets (see instructions)................
    1c
    158,868,417
    d
    Total (add lines 1a, b, and c).........................
    1d
    203,194,905
    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
    203,194,905
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,047,924
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    200,146,981
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,007,349
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    7,973,327
    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
    2,295,812
    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
    10,269,139
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    10,269,139
    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  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
    1993-08-11
    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
    1,772,907 4,191,592 1,516,590 2,066 7,483,155
    b 85% of line 2a ......... 1,506,971 3,562,853 1,289,102 1,756 6,360,682
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		10,269,139 21,632,424 9,227,478 93,544 41,222,585
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 206,962 418,000 0 624,962
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		10,269,139 21,425,462 8,809,478 93,544 40,597,623
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		6,671,566 7,192,137 5,672,110 3,333 19,539,146
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CHICAGO HORTICULTURAL SOCIETY
    1000 LAKE COOK ROAD
    GLENCOE,IL60022     		  PC FELLOWSHIP 84,339
    THE UNIVERSITY OF BRISTOL
    3-5 WOODLAND ROAD
    BRISTOL,BRISTOL  
    UK     		  NC FELLOWSHIP 75,000
    RX ART
    208 FORSYTH STREET
    NEW YORK,NY10002     		  PC CONTRIBUTION 2,500
    ANDREW MYERS
    435 SE VIEWMONT AVENUE
    CORVALLIS,OR97333     		  I AWARD-ARTIST IN RESIDENCE 1,000
    MAXIM LOSKUTOFF
    1420 COOPER STREET
    MISSOULA,MT59802     		  I AWARD-ARTIST IN RESIDENCE 1,000
    DONNA COOPER HURT
    2112 WAPPOO DRIVE
    CHARLESTON,SC29412     		  I AWARD-ARTIST IN RESIDENCE 1,000
    ANNIE VARNOT
    144 SPENCER STREET APT 319
    BROOKLYN,NY11205     		  I AWARD-ARTIST IN RESIDENCE 1,000
    LUCIA MONGE
    208 WYCKOFF STREET APT 2
    BROOKLYN,NY11217     		  I ELIZA MOORE FELLOWSHIP 10,000
    ASHLEY BOULDEN
    408 RIDGE STREET
    CHARLOTTESVILLE,VA22902     		  I STACY LLOYD FELLOWSHIP 10,000
    THE NATIONAL SPORTING LIBRARY
    PO BOX 1335
    MIDDLEBURG,VA20118     		  PC CONTRIBUTION EXHIBITION SPONSOR 10,000
    THE ANGEL CHOIR OF THE FIRST PRESBYTERIAN CHURCH
    110 W BROADWAY
    GRANVILLE,OH43023     		  PC CONTRIBUTION- PERFORMANCE 300
    WINDWARD FUND
    1201 CONNECTICUT AVENUE NW SUITE
    300
    WASHINGTON,DC20036     		  PC CONTRIBUTION- CHESAPEAKE FOOD SUMMIT SPONSORSHIP 5,000
    GUILFORD INTERFAITH MINISTRIES
    310 STATE STREET UNIT 200
    GUILFORD,CT06437     		  PC CONTRIBUTION 1,000
    TRINITY EPISCOPAL CHURCH
    9108 JOHN MOSBY HWY PO BOX 127
    UPPERVILLE,VA20184     		  PC CONTRIBUTION 400
    PAGE COUNTY SHERIFF'S OFFICE
    108 SOUTH COURT STREET
    LURAY,VA22835     		  NC CONTRIBUTION 750
    SMITHSONIAN ARCHIVES OF AMERICAN ART
    PO BOX 37012 MRC 937 VICTOR BLDG
    STE 2200
    WASHINGTON,DC200137012     		  PC CONTRIBUTION 1,000
    AMERICAN CONSERVATION FILM FESTIVAL
    PO BOX 889
    SHEPHERDSTOWN,WV25443     		  PC CONTRIBUTION 1,000
    LOVEYOURBRAIN FOUNDATION
    PO BOX 247
    NORWICH,VT05055     		  PC CONTRIBUTION 1,500
    CARITAS
    PO BOX 25790
    RICHMOND,VA23260     		  PC CONTRIBUTION 1,500
    TEXTILE MUSEUM OF DC
    45155 RESEARCH PL
    ASHBURN,VA20147     		  PC CONTRIBUTION 1,500
    THE HUDSON REVIEW
    33 W 67TH STREET
    NEW YORK,NY10023     		  PC CONTRIBUTION 1,500
    REFUGEES INTERNATIONAL
    2001 S STREET NW STE 700
    WASHINGTON,DC20009     		  PC CONTRIBUTION 1,500
    LSU FOUNDATION
    3796 NICHOLSON DRIVE
    BATON ROUGE,LA70802     		  PC CONTRIBUTION 10,000
    Total .................................bullet 3a 222,789
    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
    aPROGRAM SERVICE REVENUE         7,800
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 763,830  
    4 Dividends and interest from securities....     14 133,205  
    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 1,849,977  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 4,603,781  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory     01 2,772  
    11 Other revenue:
    aMISCELLANEOUS     		        31,996
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 7,353,565 39,796
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,393,361
    (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.)
    1A PART OF CHARITABLE MISSION
    11A PART OF CHARITABLE MISSION
    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
    OAK SPRING GARDEN FOUNDATION
     
    Employer identification number

    54-1672141
    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
    OAK SPRING GARDEN FOUNDATION
          		Employer identification number
    54-1672141
    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
    GERARD B LAMBERT FOUNDATION
     
    160 CENTRAL PARK SOUTH SUITE 2801
     
    NEW YORK, NY10019

    		$ 437,072


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    SUSAN ENGELHARD O'CONNOR  
    125 BANK STREET SUITE 300
     
    MISSOULA, MT59802

    		$ 10,150


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    MEDWAY CHARITABLE TRUST
     
    PO BOX 1138
     
    MIDDLEBURG, VA20118

    		$ 5,000


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    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
    OAK SPRING GARDEN FOUNDATION
          		Employer identification number

    54-1672141
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    OAK SPRING GARDEN FOUNDATION
          		Employer identification number

    54-1672141
    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:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 49,447 0 0 38,478

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC. CL C 913,408 913,408
    AMAZON, INC. 585,768 585,768
    ANADARKO PETROLEUM CORP. 83,296 83,296
    BERKSHIRE HATHAWAY INC. CL B 837,138 837,138
    CHARTER COMMUNICATIONS INC. A 262,172 262,172
    CITIGROUP INC. 608,165 608,165
    COMCAST CORP NEW CL A 515,347 515,347
    DISH NETWORK CORP CL A 157,810 157,810
    ECOLAB INC. 111,249 111,249
    FACEBOOK, INC. 271,881 271,881
    GENERAL ELECTRIC CO. 89,326 89,326
    GENERAL MOTORS CORP. 304,395 304,395
    GOLDMAN SACHS GROUP INC. 442,516 442,516
    HILTON WORLDWIDE HOLDINGS INC 122,060 122,060
    LIBERTY BROADBAND CORP SER A 328,531 328,531
    LIBERTY TRIPADVISOR HOLDINGS 41,394 41,394
    MARRIOTT INTL INC CL A (NEW) 456,603 456,603
    MIRCOSOFT CORP 843,031 843,031
    MOHAWK INDUSTRIES INC 234,856 234,856
    MORGAN STANLEY 261,690 261,690
    ORACLE CORPORATION 458,453 458,453
    TRIPADVISOR INC. 203,839 203,839
    TWENTY-FIRST CENTURY FOX CL B 628,068 628,068
    UNITEDHEALTH GROUP INC. 510,696 510,696
    WELLS FARGO & CO 476,559 476,559
    AERCAP HOLDINGS NV 135,630 135,630
    AON PLC 321,536 321,536
    BARCLAY PLC ADR 161,997 161,997
    LIBERTY GLOBAL PLC 414,864 414,864

    TY 2018 InvestmentsOtherSchedule2
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ANCHORAGE CAPITAL OFFSHORE LTD FMV 5,659,438 5,659,438
    CEDAR ROCK CAP PARTNERS FMV 9,192,856 9,192,856
    COATUE OFFSHORE FUND LTD FMV 9,452,961 9,452,961
    DAVIDSON KEMPNER INSTUTL PTNR FMV 12,817,848 12,817,848
    FARALLON EQUITY PARTNERS INTL. FMV 19,158,825 19,158,825
    GQG PARTNERS LLC EMERGING MKTS FMV 5,938,788 5,938,788
    HARBOR SPRING CAP PARTNERS FMV 5,167,079 5,167,079
    INDUS SELECT FUND LTD FMV 5,075,750 5,075,750
    KING STREET CAPITAL, LTD FMV 9,750,771 9,750,771
    MW EUREKA FUND FMV 8,825,233 8,825,233
    RENAISSANCE INDTL DIVERS ALPHA FD LLC FMV 7,335,256 7,335,256
    ROCK SPRINGS CAPITAL OFFSHORE FD FMV 10,796,468 10,796,468
    SANDERSON INTERNATIONAL VALUE FD FMV 9,749,847 9,749,847
    SENATOR GLOB OPP OFFSHORE FD FMV 4,345,367 4,345,367
    THE HIGHCLERE INTERNATIONAL INV FMV 6,487,633 6,487,633
    WELLINGTON EMERGING COMPANIES FMV 4,971,114 4,971,114
    WELLINGTON TC-RESEARCH EQUITY FMV 18,243,229 18,243,229
    WELLINGTON TC-SELECT LEADERS FMV 5,899,954 5,899,954

    TY 2018 LegalFeesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 27,290 0 0 25,528


    TY 2018 OtherAssetsSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RARE BOOKS 39,981,632 40,093,535 40,093,535
    COLLECTIONS 51,308,909 51,192,537 51,192,537
    OPERATING LEASE RIGHT OF USE ASSET   15,746 15,746


    TY 2018 OtherDecreasesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 19,006,093
    BOOK / TAX DIFFERENCES 49,375


    TY 2018 OtherExpensesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTOMOBILE EXPENSES 19,432 0 0 20,598
    BANK FEES 764 0 0 765
    COMPUTER SUPPLIES 31,969 0 0 26,956
    DECORATIVE FURNITURE AND ARTS 104,327 0 0 103,614
    DUES AND SUBSCRIPTIONS 6,563 0 0 8,968
    EDUCATION 5,495 0 0 5,495
    EQUIPMENT 43,774 0 0 43,594
    FEES, FINES AND PERMITS 4,176 0 0 4,176
    GARDEN AND LANDSCAPE 72,264 0 0 75,324
    HOUSEHOLD AND FOOD 56,359 0 0 56,287
    INSURANCE 243,392 0 0 300,171
    LEASE EXPENSE 7,516 0 0 7,149
    MARKETING 4,269 0 0 4,269
    OFFICE EXPENSES 42,087 0 0 42,238
    OTHER 18,096 0 0 17,912
    REPAIRS AND MAINTENANCE 309,192 0 0 307,577
    RESEARCH MATERIALS AND DOCUMENTS 1,802 0 0 1,802


    TY 2018 OtherIncomeSchedule2
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT INCOME FROM PTES 1,849,977 1,849,977 1,849,977
    PROGRAM SERVICE REVENUE 7,800   7,800
    MISCELLANEOUS 31,996   31,996


    TY 2018 OtherLiabilitiesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSIT 1,000 1,000
    ACCRUED PAYROLL EXPENSES 0 222,052
    OPERATING LEASE LIABILITY 0 15,746


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROF FEES - RESTORATION 6,675 0 0 6,675
    PROF FEES - RESEARCH, LIBRARY 38,297 0 0 42,777
    PROF FEES - PROGRAM 198,125 0 0 165,625
    PROF FEES - OTHER 57,788 0 0 57,786
    PROF FEES - LANDSCAPE, GARDEN 64,117 0 0 93,814
    PROF FEES - ENGINEERING 10,574 0 0 10,574
    PROF FEES - DIGITAL 181,908 0 0 181,908
    PROF FEES - CONSULTING 63,015 0 0 73,015
    PROF FEES - COMPUTER 6,047 0 0 6,047
    INVESTMENT MANAGEMENT FEES REPORTED ON K-1'S 434,921 434,921 434,921 0
    INVESTMENT MANAGEMENT FEES 581,752 581,752 581,752 0


    TY 2018 TaxesSchedule
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PERSONAL PROPERTY TAX 22,999 0 0 22,797
    EXCISE TAX 294,973 0 0 294,973


    TY 2018 TransfersToControlledEntities
    Name:
    OAK SPRING GARDEN FOUNDATION
    EIN:
    54-1672141
    Name US /
    Foreign Address    		 EIN Description Amount
    OAK SPRING GARDEN LLC 1776 LOUGHBOROUGH LANE
    UPPERVILLE,VA20184     		36-4802602 OPERATING EXPENSE 23,432,429
    Total     23,432,429