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
GULF POWER FOUNDATIONINC
 
Number and street (or P.O. box number if mail is not delivered to street address)500 BAYFRONT PARKWAY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PENSACOLA, FL32501
A Employer identification number

59-2817740
B Telephone number (see instructions)

(850) 444-6206
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,275,584J 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) 4,000,297
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,427 3,427  
4 Dividends and interest from securities... 118,568 118,568  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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........ 4,122,292 121,995  
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 9,200 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 880 0   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 417 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,497 0   0
25 Contributions, gifts, grants paid....... 1,750,100 1,750,100
26 Total expenses and disbursements. Add lines 24 and 25 1,760,597 0   1,750,100
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,361,695
b Net investment income (if negative, enter -0-) 121,995
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............. 31,375 259,502 259,502
2 Savings and temporary cash investments......... 105,389 67,114 67,114
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,915,261 Click to see attachment4,386,893 4,386,893
c Investments—corporate bonds (attach schedule)....... 1,390,609 Click to see attachment1,562,075 1,562,075
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,442,634 6,275,584 6,275,584
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.................. 4,442,634 6,275,584
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........    
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)..... 4,442,634 6,275,584
31 Total liabilities and net assets/fund balances (see instructions). 4,442,634 6,275,584
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
4,442,634
2
Enter amount from Part I, line 27a .....................
2
2,361,695
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,804,329
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
528,745
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,275,584
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.)
1a
b
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
b
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
b
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  
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 481,765 4,263,163 0.113006
2016 356,764 3,854,679 0.092553
2015 354,905 4,158,174 0.085351
2014 327,165 4,212,921 0.077658
2013 360,369 4,015,362 0.089748
2
Total of line 1, column (d) .....................
2
0.458316
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
0.091663
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,378,732
5
Multiply line 4 by line 3......................
5
676,357
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,220
7
Add lines 5 and 6........................
7
677,577
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,750,100
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 1,220
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 1,220
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 1,220
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 880
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.............. 7 880
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 9 340
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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 ofbulletMARLENE SANTOSCHAIRMAN Telephone no.bullet (850) 444-6231

    Located atbullet500 BAYFRONT PARKWAYPENSACOLAFL ZIP+4bullet32501
    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
    THOMAS BEAN TRUSTEE
    0.50     		0 0 0
    500 BAYFRONT PARKWAY
    PENSACOLA,FL32501
    PAUL CUTLER TREASURER
    0.50     		0 0 0
    500 BAYFRONT PARKWAY
    PENSACOLA,FL32501
    MARLENE SANTOS CHAIRMAN
    0.50     		0 0 0
    500 BAYFRONT PARKWAY
    PENSACOLA,FL32501
    SCOTT SEELEY SECRETARY
    0.50     		0 0 0
    500 BAYFRONT PARKWAY
    PENSACOLA,FL32501
    MELISSA PLOTSKY ASSISTANT SECRETARY
    0.50     		0 0 0
    500 BAYFRONT PARKWAY
    PENSACOLA,FL32501
    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
    5,356,975
    b
    Average of monthly cash balances.......................
    1b
    2,134,123
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,491,098
    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
    7,491,098
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    112,366
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,378,732
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    368,937
    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
    368,937
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,220
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,220
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    367,717
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    367,717
    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
    367,717
    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
    1,750,100
    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
    1,750,100
    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
    1,220
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,748,880
    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 7 367,717
    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...... 161,159
    b From 2014...... 118,290
    c From 2015...... 148,714
    d From 2016...... 165,656
    e From 2017...... 270,319
    fTotal of lines 3a through e........ 864,138
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,750,100
    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..... 367,717
    e Remaining amount distributed out of corpus 1,382,383
    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 2,246,521
    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) ...     		161,159
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,085,362
    10 Analysis of line 9:
    a Excess from 2014.... 118,290
    b Excess from 2015.... 148,714
    c Excess from 2016.... 165,656
    d Excess from 2017.... 270,319
    e Excess from 2018.... 1,382,383
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MRS MARLENE SANTOS
    ONE ENERGY PLACE
    PENSACOLA,FL325200100
    (850) 444-6380
    bThe form in which applications should be submitted and information and materials they should include:
    THE ORGANIZATION IS REQUIRED TO COMPLETE GRANT APPLICATIONS, INCLUDING COPY OF THE FORM 990-PF (IF APPLICABLE).
    cAny submission deadlines:
    FEBRUARY 15, MAY 15, AUGUST 15, AND NOVEMBER 15 FOR THE RESPECTIVE QUARTERLY BOARD MEETINGS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE EXCLUSIVELY FOR CHARITABLE, HUMAN NEEDS, COMMUNITY VITALITY, CIVIC, EDUCATION AND ENVIRONMENTAL STEWARDSHIP.
    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
    ALIGNMENT BAY COUNTY
    5230 WEST HIGHWAY 98
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A YOUTH COMMUNITY SERVICES 30,000
    ALZHEIMER'S ASSOCIATION
    4300 BAYOU BOULEVARD SUITE 12
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A ALZHEIMER'S RESEARCH 200
    AMERICAN CANCER SOCIETY
    250 WILLIAMS STREET 4TH FLOOR
    ATLANTA,GA303031032     		NONE PUBLIC CHARITY 509(A CANCER RESEARCH 2,188
    AMERICAN CANCER SOCIETY
    99 EGLIN PARKWAY NE SUITE 37
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A CANCER RESEARCH 500
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		NONE PUBLIC CHARITY 509(A HEART DISEASE RESEARCH 10,000
    AMERICAN RED CROSS
    222 N BAYLEN STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A DISASTER RELIEF 105,000
    AMI KIDS INC
    5915 BENJAMIN CENTER DRIVE
    TAMPA,FL33634     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES/EDUCATION 8,000
    AREA AGENCY ON AGING
    5090 COMMERCE PARK CIRCLE
    PENSACOLA,FL32505     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES FOR THE ELDERLY 7,500
    BAY COUNTY COUNCIL ON AGING
    1116 FRANKFORD AVENUE
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES FOR THE ELDERLY 2,500
    BAY EDUCATION FOUNDATION
    1311 BALBOA AVENUE
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIP 10,000
    THE BIRTHDAY PARTY
    1218 WEST GIMBLE STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES 125
    BOY SCOUTS OF AMERICA
    15255 NW 82ND AVENUE
    MIAMI LAKES,FL33016     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES 9,000
    BOYS & GIRLS CLUB OF THE EMERALD COAST INC
    2751 NORTH H STREET
    PENSACOLA,FL32501     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES 125
    CATHOLIC CHARITIES OF NORTHWEST FLORIDA
    11 NORTH B STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A COMMUNITY OUTREACH FOR THE IMPOVERISHED 30,000
    CHILDREN IN CRISIS
    1000 LUKES WAY
    FORT WALTON BEACH,FL32547     		NONE PUBLIC CHARITY 509(A SERVICES FOR ABUSED CHILDREN 1,800
    CHILDREN'S HOME SOCIETY OF FLORIDA
    1300 NORTH PALAFOX STREET SUITE 103
    PENSACOLA,FL32501     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES/EDUCATION 10,000
    CHIPOLA COLLEGE FOUNDATION
    3094 INDIAN CIRCLE
    MARIANNA,FL32446     		NONE PUBLIC CHARITY 509(A EXPANSION OF ENGINEERING PROGRAM 10,000
    CHIPOLA COLLEGE FOUNDATION
    3094 INDIAN CIRCLE
    MARIANNA,FL32446     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIP 10,000
    CHOCTAWHATCHEE BASIN ALLIANCE OF NORTHWEST FLORIDA
    109 GREENWAY TRAIL
    SANTA ROSA BEACH,FL32459     		NONE PUBLIC CHARITY 509(A ENVIRONMENTAL CONSERVATION 35,000
    COMMUNITIES CARING AT CHRISTMAS
    4990 MOBILE HIGHWAY
    PENSACOLA,FL32506     		NONE PUBLIC CHARITY 509(A PROVIDE NEEDS TO UNDERPRIVILEGED 4,500
    CONSORTIUM OF FLORIDA EDUCATION FOUNDATION
    PO BOX 358719
    GAINESVILLE,FL326358719     		NONE PUBLIC CHARITY 509(A YOUTH EDUCATION 150,000
    COVENANT CARE HOSPICE
    107 WEST 19TH STREET
    PANAMA CITY,FL32405     		NONE PUBLIC CHARITY 509(A SERVICES TO THOSE WITH LIFE LIMITING ILLNESS 2,000
    EARLY LEARNING COALITION OF ESCAMBIA COUNTY
    3300 NORTH PACE BLVD STE 210
    PENSACOLA,FL32505     		NONE PUBLIC CHARITY 509(A YOUTH EDUCATION 60,000
    ELEANOR J JOHNSON YOUTH CENTER
    27 ROBINWOOD DRIVE SW
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A AFTER SCHOOL CARE 1,250
    EMERALD COAST SCIENCE CENTER
    31 MEMORIAL PARKWAY SOUTHWEST
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A HANDS-ON-SCIENCE DISCOVERY CENTER FOR CHILDREN 5,000
    ESCAMBIA COUNTY PUBLIC SCHOOLS FOUNDATION
    30 EAST TEXAR DRIVE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 10,000
    ESCAMBIA COUNTY PUBLIC SCHOOLS FOUNDATION
    30 EAST TEXAR DRIVE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A EDUCATION SERVICES 1,497
    ESCAMBIA COUNTY PUBLIC SCHOOLS FOUNDATION
    30 EAST TEXAR DRIVE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A GENERAL SCHOLARSHIPS 53,000
    FLORIDA PANHANDLE TECHNICAL COLLEGE FOUNDATION
    757 HOYT STREET
    CHIPLEY,FL32428     		NONE PUBLIC CHARITY 509(A GENERAL SCHOLARSHIPS 3,000
    FLORIDA STATE UNIVERSITY
    4750 COLLEGIATE DRIVE
    PANAMA CITY,FL32405     		NONE GOVERNMENTAL UNIT 50 CAPITAL CAMPAIGN 50,000
    FLORIDA STATE UNIVERSITY
    4750 COLLEGIATE DRIVE
    PANAMA CITY,FL32405     		NONE GOVERNMENTAL UNIT 50 ENDOWMENT FUND 5,000
    FLORIDA WILDLIFE FEDERATION
    2590 GOLDEN GATE PKWY STE 105
    NAPLES,FL34105     		NONE PUBLIC CHARITY 509(A ENVIRONMENTAL CONSERVATION 40,000
    FOOD FOR THOUGHT OUTREACH
    174 WATERCOLOR WAY STE 103 286
    SANTA ROSA BEACH,FL32459     		NONE PUBLIC CHARITY 509(A FOOD PANTRY FOR CHILDREN 5,000
    FRESH START FOR CHILDREN & FAMILIES INC
    8 BOBOLINK STREET
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES AND OUTREACH 250
    GULF COAST CHILDREN'S ADVOCACY CENTER INC
    210 EAST 11TH STREET
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A CHILD ABUSE SERVICES 250
    GULF COAST KIDS HOUSE
    3401 N 12TH AVENUE
    PENSACOLA,FL32401     		NONE PUBLIC CHARITY 509(A CHILD ABUSE SERVICES 100
    GULF COAST STATE COLLEGE FOUNDATION
    5230 WEST HIGHWAY 98 STUDENT UNION
    WEST 325
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND FOR VETERANS 30,000
    GULF COAST STATE COLLEGE
    5230 WEST HIGHWAY 98
    PANAMA CITY,FL32401     		NONE GOVERNMENTAL UNIT 50 ENDOWMENT FUND 4,000
    GULF POWER TRANSFORMERS
    ONE ENERGY PLACE
    PENSACOLA,FL32520     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES FOR HURRICANE MICHAEL 100,000
    HABITAT FOR HUMANITY
    5605 ADELYN ROAD
    PENSACOLA,FL32504     		NONE PUBLIC CHARITY 509(A HOME CONSTRUCTION FOR THE LESS FORTUNATE 775
    IMPACT AMERICA
    1901 6TH AVENUE NORTH STE 2400
    BIRMINGHAM,AL35203     		NONE PUBLIC CHARITY 509(A VISION CARE FOR THE LESS FORTUNATE CHILDREN 2,500
    JUVENILES UNDERSTANDING DISCIPLINE ORDER & SERVICE
    112 SANTEE DRIVE
    PANAMA CITY,FL32404     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES 6,500
    JUNIOR ACHIEVEMENT OF NORTHWEST FLORIDA
    POST OFFICE BOX 15030
    PENSACOLA,FL32514     		NONE PUBLIC CHARITY 509(A YOUTH ECONOMICS PROGRAM 12,000
    LONGLEAF ALLIANCE
    12130 DIXON CENTER ROAD
    ANDALUSIA,AL36420     		NONE PUBLIC CHARITY 509(A ENVIRONMENTAL CONSERVATION 40,000
    MANNA FOOD PANTRY
    116 EAST GONZALEZ STREET
    PENSACOLA,FL32501     		NONE PUBLIC CHARITY 509(A COMMUNITY FOOD PANTRY 453
    MARGARET K LEWIS SCHOOL
    230 NORTH EAST AVENUE
    PANAMA CITY,FL32401     		NONE GOVERNMENTAL UNIT 50 EDUCATION 4,450
    MIRACLE LEAGUE OF NORTHEAST PENSACOLA
    PO BOX 567
    CANTONMENT,FL32533     		NONE PUBLIC CHARITY 509(A YOUTH BASEBALL PROGRAM 5,000
    MIRACLE LEAGUE OF SANTA ROSA COUNTY
    PO BOX 635
    GULF BREEZE,FL325620635     		NONE PUBLIC CHARITY 509(A YOUTH BASEBALL PROGRAM 10,000
    NATURE CONSERVANCY
    2500 MAITLAND CENTER PARKWAY SUITE
    311
    MAITLAND,FL32751     		NONE PUBLIC CHARITY 509(A ENVIRONMENTAL CONSERVATION 48,750
    NORTHWEST FLORIDA STATE COLLEGE FOUNDATION
    100 COLLEGE BOULEVARD
    NICEVILLE,FL32578     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 30,000
    OKALOOSA PUBLIC SCHOOLS FOUNDATION
    120 LOWERY PLACE
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIP 10,000
    OKALOOSA PUBLIC SCHOOLS FOUNDATION
    120 LOWERY PLACE
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A GENERAL SCHOLARSHIP 3,000
    PACE CENTER FOR GIRLS
    ONE WEST ADAMS STREET SUITE 301
    JACKONSVILLE,FL32202     		NONE PUBLIC CHARITY 509(A YOUTH SERVICES FOR GIRLS 5,000
    PANAMA CITY RESCUE MISSION
    609 ALLEN AVENUE
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A HOMELESS SERVICES 2,775
    PENSACOLA OPERA
    75 SOUTH TARRAGONA STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A CULTURAL ENRICHMENT 5,000
    PENSACOLA STATE COLLEGE FOUNDATION
    100 COLLEGE BOULEVARD BUILDING 17
    PENSACOLA,FL32504     		NONE PUBLIC CHARITY 509(A EDUCATION 30,000
    RHODES ELEMENTARY SCHOOL
    5563 BRYOM STREET
    MILTON,FL32570     		NONE GOVERNMENTAL UNIT 50 EDUCATION 690
    RONALD MCDONALD HOUSE CHARITIES
    5200 BAYOU BOULEVARD
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A SUPPORT PROGRAMS FOR SICK CHILDREN AND THEIR PARENTS 10,000
    SACRED HEART HEALTH SYSTEM INC
    5151 NORTH 9TH AVENUE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A SACRED HEART NICU REUNION 125
    SAINT ANDREW BAY CENTER
    1804 CAROLINA AVENUE
    LYNN HAVEN,FL32444     		NONE PUBLIC CHARITY 509(A SERVICES FOR ADULTS WITH DISABILITIES 5,000
    SALVATION ARMY OF OKALOOSA COUNTY
    425 MARY ESTHER CUT-OFF NW
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A HUMAN NEED SERVICES 1,250
    SALVATION ARMY OF PANAMA CITY
    1824 WEST 15TH STREET
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A HUMAN NEED SERVICES 26,500
    SALVATION ARMY OF PENSACOLA
    PO BOX 17026
    PENSACOLA,FL32522     		NONE PUBLIC CHARITY 509(A HUMAN NEED SERVICES 2,600
    SANTA ROSA COUNTY EDUCATION FOUNDATION
    5086 CANAL STREET
    MILTON,FL32570     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIP 10,000
    SANTA ROSA COUNTY SCHOOL DISTRICT
    5086 CANAL STREET
    MILTON,FL32570     		NONE GOVERNMENTAL UNIT 50 GENERAL SCHOLARSHIP 3,000
    SINFONIA GULF COAST
    36468 EMERAL COAST PARKWAY
    DESTIN,FL32541     		NONE PUBLIC CHARITY 509(A CULTURAL ENRICHMENT FOR YOUTH 5,000
    STUDER COMMUNITY INSTITUTE
    121 SOUTH PALAFOX PLACE
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 5,000
    TOM P HANEY EDUCATION FOUNDATION
    3016 HIGHWAY 77
    PANAMA CITY,FL32405     		NONE PUBLIC CHARITY 509(A GENERAL SCHOLARSHIP 3,000
    TROY UNIVERSITY FOUNDATION
    301 ADAMS ADMINISTRATION BUILDING
    TROY,AL36082     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 5,000
    UNITED WAY OF BAY COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 59,447
    UNITED WAY OF CALHOUN COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 2,789
    UNITED WAY OF ESCAMBIA COUNTY
    1301 W GOVERNMENT ST
    PENSACOLA,FL32501     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 179,324
    UNITED WAY OF ESCAMBIA COUNTY (ACHIEVE ESCAMBIA)
    1301 W GOVERNMENT ST
    PENSACOLA,FL32501     		NONE PUBLIC CHARITY 509(A EDUCATION SERVICES 45,000
    UNITED WAY OF GULF COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 2,062
    UNITED WAY OF HOLMES COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 2,017
    UNITED WAY OF JACKSON COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 10,469
    UNITED WAY OF NORTHWEST FLORIDA
    602 HARRISON AVENUE
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A HURRICANE MICHAEL COMMUNITY RELIEF 100,250
    UNITED WAY OF OKALOOSAWALTON COUNTY
    112 TUPELO AVENUE SOUTHEAST
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 39,493
    UNITED WAY OF SANTA ROSA COUNTY
    PO BOX 284
    MILTON,FL32572     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 60,212
    UNITED WAY OF WASHINGTON COUNTY
    PO BOX 586
    PANAMA CITY,FL32402     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 9,154
    UNIVERSITY OF FLORIDA FOUNDATION
    2012 W UNIVERSITY AVE
    GAINESVILLE,FL32604     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 5,000
    UNIVERSITY OF WEST FLORIDA
    11000 UNIVERSITY PARKWAY BLDG 18
    ROOM 145
    PENSACOLA,FL32514     		NONE GOVERNMENTAL UNIT 50 TAKE STOCK COLLEGIATE PROGRAM 39,643
    UNIVERSITY OF WEST FLORIDA FOUNDATION
    11000 UNIVERSITY PARKWAY
    PENSACOLA,FL32514     		NONE PUBLIC CHARITY 509(A BEST ROBOTICS PROGRAM 10,000
    UNIVERSITY OF WEST FLORIDA FOUNDATION
    11000 UNIVERSITY PARKWAY
    PENSACOLA,FL32514     		NONE PUBLIC CHARITY 509(A EDUCATIONAL SERVICES 30,000
    VOLUNTEER FLORIDA FOUNDATION
    3800 ESPLANADE WAY SUITE 180
    TALLAHASSEE,FL32311     		NONE PUBLIC CHARITY 509(A HURRICANE MICHAEL DISASTER RELIEF 25,000
    WALTON EDUCATION FOUNDATION
    145 S PARK STREET NORTH
    DEFUNIAK SPRINGS,FL32435     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIP 10,000
    WALTON EDUCATION FOUNDATION
    145 S PARK STREET NORTH
    DEFUNIAK SPRINGS,FL32435     		NONE PUBLIC CHARITY 509(A GENERAL SCHOLARSHIP 3,000
    WATERFRONT RESCUE MISSION
    380 WEST HERMAN STREET
    PENSACOLA,FL32505     		NONE PUBLIC CHARITY 509(A HOMELESS SERVICES 262
    YMCA OF NORTHWEST FLORIDA
    165 EAST INTENDENCIA STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A CAPITAL CAMPAIGN 10,000
    AUBURN UNIVERSITY
    AUBURN
    AUBURN,AL36849     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,000
    AUGUSTA UNIVERSITY
    1120 15TH STREET FL-1051
    AUGUSTA,GA30912     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 50
    BAPTIST COLLEGE OF FLORIDA
    5400 COLLEGE DRIVE
    GRACEVILLE,FL32446     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,000
    ECKERD COLLEGE
    4200 54TH AVENUE S
    ST PETERSBURG,FL32405     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 50
    FLORIDA STATE UNIVERSITY
    600 WEST COLLEGE AVENUE
    TALLAHASSEE,FL32306     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,000
    GEORGIA STATE UNIVERSITY
    PO BOX 2668
    ATLANTA,GA30301     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 50
    GEORGIA TECH
    NORTH AVENUE NORTHWEST
    ATLANTA,GA30332     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 200
    PENSACOLA STATE COLLEGE
    1000 COLLEGE BLVD
    PENSACOLA,FL32504     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,075
    SOUTHERN ILLINOIS UNIVERSITY
    1263 LINCOLN DRIVE
    CARBONDALE,IL62901     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 100
    UNIVERSITY OF GEORGIA
    ATHENS
    ATHENS,GA30602     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 200
    UNIVERSITY OF SOUTHERN MISSISSIPPI
    118 COLLEGE DRIVE
    HATTIESBURG,MS39406     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,000
    UNIVERSITY OF WEST FLORIDA
    11000 UNIVERSITY PARKWAY
    PENSACOLA,FL32514     		NONE GOVERNMENTAL UNIT 50 MATCHING GIFT 1,100
    Total .................................bullet 3a 1,750,100
    bApproved for future payment
    ALIGNMENT BAY COUNTY
    5230 WEST HIGHWAY 98
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 110,000
    BAY EDUCATION FOUNDATION
    1311 BALBOA AVENUE
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    CATHOLIC CHARITIES OF NORTHWEST FLORIDA
    1815 NORTH 6TH AVENUE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A LITERACY TRAINING AND COMMUNITY SUPPORT 80,000
    CHIPOLA COLLEGE FOUNDATION
    3094 INDIAN CIRCLE
    MARIANNA,FL32446     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    CHIPOLA COLLEGE FOUNDATION
    3094 INDIAN CIRCLE
    MARIANNA,FL32446     		NONE PUBLIC CHARITY 509(A ENGINEERING TECHNOLOGY PROGRAM 40,000
    CONSORTIUM OF FLORIDA EDUCATION FOUNDATION
    PO BOX 358719
    GAINESVILLE,FL326358719     		NONE PUBLIC CHARITY 509(A NORTHWEST FLORIDA CAREER PATHWAYS PROGRAM 400,000
    EARLY LEARNING COALITION OF ESCAMBIA COUNTY
    3300 NORTH PACE BLVD STE 210
    PENSACOLA,FL32505     		NONE PUBLIC CHARITY 509(A CLASS PROGRAM SUPPORT 240,000
    ESCAMBIA COUNTY PUBLIC SCHOOLS FOUNDATION
    30 EAST TEXAR DRIVE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    ESCAMBIA COUNTY PUBLIC SCHOOLS FOUNDATION
    30 EAST TEXAR DRIVE
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A GEORGE STONE TECH CENTER SCHOLARSHIPS 15,000
    FLORIDA EDUCATION FOUNDATION
    325 WEST GAINES STREET STE 1524
    TALLAHASSEE,FL323990400     		NONE PUBLIC CHARITY 509(A LEADING AND LEARNING FOR IMPACT INITIATIVE 200,000
    FLORIDA PANHANDLE TECHNICAL COLLEGE FOUNDATION
    757 HOYT STREET
    CHIPLEY,FL32428     		NONE PUBLIC CHARITY 509(A TECH CENTER SCHOLARSHIPS 15,000
    FLORIDA STATE UNIVERSITY
    4750 COLLEGIATE DRIVE
    PANAMA CITY,FL32405     		NONE GOVERNMENTAL UNIT 50 MECHANICAL ENGINEERING PROGRAM 100,000
    FLORIDA STATE UNIVERSITY FOUNDATION
    2010 LEVY AVENUE BLDG B SUITE 300
    TALLAHASSEE,FL32310     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 10,000
    GULF COAST STATE COLLEGE FOUNDATION
    5230 WEST HIGHWAY 98
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 8,000
    GULF COAST STATE COLLEGE FOUNDATION
    5230 WEST HIGHWAY 98
    PANAMA CITY,FL32401     		NONE PUBLIC CHARITY 509(A THANKS A MILLION VETERANS FUND 120,000
    OKALOOSA PUBLIC SCHOOLS FOUNDATION
    120 LOWERY PLACE
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    OKALOOSA PUBLIC SCHOOLS FOUNDATION
    120 LOWERY PLACE
    FORT WALTON BEACH,FL32548     		NONE PUBLIC CHARITY 509(A OKALOOSA TECHNICAL COLLEGE SCHOLARSHIPS 15,000
    NORTHWEST FLORIDA STATE COLLEGE FOUNDATION
    100 COLLEGE BOULEVARD
    NICEVILLE,FL32578     		NONE PUBLIC CHARITY 509(A VETERANS SUCCESS CENTER 120,000
    PENSACOLA STATE COLLEGE FOUNDATION
    100 COLLEGE BOULEVARD
    PENSACOLA,FL32504     		NONE PUBLIC CHARITY 509(A NON-PROFIT CENTER FOR EXCELLENCE AND PHILANTHROPY 120,000
    RONALD MCDONALD HOUSE CHARITIES
    5200 BAYOU BOULEVARD
    PENSACOLA,FL32503     		NONE PUBLIC CHARITY 509(A SUPPORT PROGRAMS FOR SICK CHILDREN AND THEIR PARENTS 30,000
    SANTA ROSA COUNTY EDUCATION FOUNDATION
    5086 CANAL STREET
    MILTON,FL32570     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    SANTA ROSA COUNTY SCHOOL DISTRICT
    5086 CANAL STREET
    MILTON,FL32570     		NONE GOVERNMENTAL UNIT 50 LOCKLIN TECHNICAL CENTER SCHOLARSHIPS 15,000
    TOM P HANEY EDUCATION FOUNDATION
    3016 HIGHWAY 77
    PANAMA CITY,FL32405     		NONE PUBLIC CHARITY 509(A HANEY TECHNICAL CENTER SCHOLARSHIPS 15,000
    TROY UNIVERSITY FOUNDATION
    301 ADAMS ADMINISTRATION BUILDING
    TROY,AL36082     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 10,000
    UNITED WAY OF ESCAMBIA COUNTY
    1301 W GOVERNMENT ST
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A COMMUNITY SERVICES 15,000
    UNITED WAY OF ESCAMBIA COUNTY
    1301 W GOVERNMENT ST
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A ACHIEVE UNIVERSITY PROGRAMS 150,000
    UNIVERSITY OF FLORIDA FOUNDATION
    2012 W UNIVERSITY AVE
    GAINESVILLE,FL32604     		NONE PUBLIC CHARITY 509(A ENDOWMENT FUND 15,000
    UNIVERSITY OF WEST FLORIDA
    11000 UNIVERSITY PARKWAY
    PENSACOLA,FL32514     		NONE GOVERNMENTAL UNIT 50 TAKE STOCK IN COLLEGIATE PROGRAM 229,483
    UNIVERSITY OF WEST FLORIDA FOUNDATION
    11000 UNIVERSITY PARKWAY
    PENSACOLA,FL32514     		NONE PUBLIC CHARITY 509(A BEST ROBOTICS CONSUMABLE KITS 40,000
    WALTON EDUCATION FOUNDATION
    145 S PARK STREET NORTH
    DEFUNIAK SPRINGS,FL32435     		NONE PUBLIC CHARITY 509(A TECH CENTER SCHOLARSHIPS 15,000
    WALTON EDUCATION FOUNDATION
    145 S PARK STREET NORTH
    DEFUNIAK SPRINGS,FL32435     		NONE PUBLIC CHARITY 509(A TAKE STOCK IN CHILDREN SCHOLARSHIPS 50,000
    YMCA OF NORTHWEST FLORIDA
    165 EAST INTENDENCIA STREET
    PENSACOLA,FL32502     		NONE PUBLIC CHARITY 509(A CAPITAL CAMPAIGN 10,000
    Total .................................bullet 3b 2,437,483
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 3,427  
    4 Dividends and interest from securities....     14 118,568  
    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 ............     		         
    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).. 0 121,995 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    121,995
    (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
    GULF POWER FOUNDATIONINC
     
    Employer identification number

    59-2817740
    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
    GULF POWER FOUNDATIONINC
          		Employer identification number
    59-2817740
    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
    GULF POWER COMPANY
     
    500 BAYFRONT PARKWAY
     
    PENSACOLA, FL32501

    		$ 4,000,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    GULF POWER FOUNDATIONINC
          		Employer identification number

    59-2817740
    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
    GULF POWER FOUNDATIONINC
          		Employer identification number

    59-2817740
    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:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP 1,700 0   0
    AUDIT 7,500 0   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD BOND MARKET INDEX 1,562,075 1,562,075

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD STOCK MARKET INDEX 4,386,893 4,386,893

    TY 2018 OtherDecreasesSchedule
    Name:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Description Amount
    UNREALIZED GAINS/LOSSES 528,745


    TY 2018 OtherExpensesSchedule
    Name:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE CORPORATION FILING FEE 61 0   0
    BANK SERVICE CHARGES 356 0   0


    TY 2018 TaxesSchedule
    Name:
    GULF POWER FOUNDATIONINC
    EIN:
    59-2817740
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 880 0   0