Form990-PF
Click to see attachment

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
RAPP FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2082
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HAMILTON, MT59840
A Employer identification number

36-3756870
B Telephone number (see instructions)

(406) 370-4477
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$8,230,056J 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) 174,738
2 Check bullet.............
3 Interest on savings and temporary cash investments 92 92 92
4 Dividends and interest from securities... 104,083 104,083 104,083
5a Gross rents............ 193,062 193,062 193,062
b Net rental income or (loss) 149,226
6a Net gain or (loss) from sale of assets not on line 10 239,774
b Gross sales price for all assets on line 6a 1,297,774
7 Capital gain net income (from Part IV, line 2)... 239,774
8 Net short-term capital gain......... 239,774
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,430 2,430 2,430
12 Total. Add lines 1 through 11........ 714,179 539,441 539,441
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 4,725 2,363    
c Other professional fees (attach schedule).... Click to see attachment 64,435 64,435    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,484 3,484    
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 list of attachments 44,251 44,014    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 116,895 114,296   0
25 Contributions, gifts, grants paid....... 353,605 353,605
26 Total expenses and disbursements. Add lines 24 and 25 470,500 114,296   353,605
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 243,679
b Net investment income (if negative, enter -0-) 425,145
c Adjusted net income (if negative, enter -0-)... 539,441
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............. 36,178 59,835 59,835
2 Savings and temporary cash investments......... 212,317 230,127 230,127
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)....... 2,180,494 Click to see attachment2,274,281 2,400,074
c Investments—corporate bonds (attach schedule)....... 29,896 Click to see attachment32,448 31,308
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,644,051 Click to see attachment3,731,428 5,508,712
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) 6,102,936 6,328,119 8,230,056
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
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 6,102,936 6,328,119
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)..... 6,102,936 6,328,119
31 Total liabilities and net assets/fund balances (see instructions). 6,102,936 6,328,119
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
6,102,936
2
Enter amount from Part I, line 27a .....................
2
243,679
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
6,346,615
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
18,496
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,328,119
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 RAYMOND JAMES 5700-PUBLICLY TRADED SECUR      
b RAYMOND JAMES 5700-PUBLICLY TRADED SECUR      
c LT Capital Gain Distributions #5700      
d RAYMOND JAMES 6992-PUBLICLY TRADED SECUR      
e RAYMOND JAMES 6992-PUBLICLY TRADED SECUR      
LT Capital Gain Distributions #6992      
(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 36,179   38,341 -2,162
b 93,339   83,665 9,674
c 117     117
d 367,396   351,323 16,073
e 800,079   584,671 215,408
664     664
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       -2,162
b       9,674
c       117
d       16,073
e       215,408
      664
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 2 239,774
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 3 239,774
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 266,683 7,692,131 0.03467
2016 225,941 5,273,582 0.04284
2015 141,158 3,333,044 0.04235
2014 106,613 1,306,940 0.08158
2013 106,517 1,243,191 0.08568
2
Total of line 1, column (d) .....................
2
0.287120
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
0.057424
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,289,289
5
Multiply line 4 by line 3......................
5
476,004
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,251
7
Add lines 5 and 6........................
7
480,255
8
Enter qualifying distributions from Part XII, line 4,.............
8
353,605
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 8,503
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  
3 Add lines 1 and 2........................... 3 8,503
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,503
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 8,280
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,130
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,410
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 34
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 11,873
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet11,873 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
     
    No
    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)
    bulletMT
    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 ofbulletJOHN H ORMISTON Telephone no.bullet (406) 360-9530

    Located atbullet366 BLODGETT CAMP RDHAMILTONMT ZIP+4bullet59840
    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
     
    No
    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
     
    No
    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). Click to see attachment
    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
     
    No
    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 G BRADER President
    4.00     		0    
    PO BOX 2082
    HAMILTON,MT59840
    JOHN H ORMISTON Vice Pres/Treas
    10.00     		0    
    PO BOX 2082
    HAMILTON,MT59840
    DIANE THOMAS-RUPPERT Director
    4.00     		0    
    PO BOX 2082
    HAMILTON,MT59840
    LARRY JOHNSON Secretary
    4.00     		0    
    PO BOX 2082
    HAMILTON,MT59840
    JODY PARSONS Director
    4.00     		0    
    PO BOX 2082
    HAMILTON,MT59840
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SCHOOL COUNSELOR PROGRAM-ASSISTANCE TO UNDERPRIVILEDGED STUDENTS IN 11 DIFFERENT SCHOOLS IN RAVALLI COUNTY. 27,384
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    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
    4,784,127
    b
    Average of monthly cash balances.......................
    1b
    237,895
    c
    Fair market value of all other assets (see instructions)................
    1c
    3,393,500
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,415,522
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,415,522
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    126,233
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,289,289
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    414,464
    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
    414,464
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,503
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,503
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    405,961
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    405,961
    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
    405,961
    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
    353,605
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    353,605
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    353,605
    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 7 405,961
    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...... 42,081
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 42,081
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 353,605
    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)........     		0
    d Applied to 2018 distributable amount..... 353,605
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018. 42,081 42,081
    (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 ..........     		10,275
    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
     
    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:
    DIANE RUPPERT
    PO BOX 2082
    HAMILTON,MT59840
    (406) 544-0302
    rappffapp2014@gmail.com
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS MAY APPLY BY FILING OUT AN APPLICATION FORM. IT IS RECOMMENDED THAT APPLICANTS PROVIDE EVIDENCE OF IN-KIND CONTRIBUTIONS (VOLUNTEER HOURS AND NON-MONETARY CONTRIBUTIONS) AND MATCHING FUNDS IN THE PROJECT BUDGET. ONLY APPLICATIONS FROM TAX-EXEMPT ENTITIES WILL BE ACCEPTED.
    cAny submission deadlines:
    2ND FRIDAY MAR JUN SEPT
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO RAVALLI COUNTY
    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
    BEAR
    1105 W MAIN
    HAMILTON,MT59840     		NONE PC SCHOLARSHIPS AND HIGH ROPES COURSE 32,500
    BITTERROOT LAND TRUST
    PO BOX 1806
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 36,000
    BITTERROOT RESOURCE CONSERVATION AN
    PO BOX 870
    HAMILTON,MT59840     		NONE PC BITTERROOT ARTS FOR AUTISM, AND GENERAL SUPPORT 5,417
    BITTERROOT WATER FORUM
    PO BOX 1247
    HAMILTON,MT59840     		NONE PC RIVER CLEANUP, IRRIGATION TOUR, AND GENERAL SUPPORT 6,000
    BITTERROOT CASA
    127 WEST MAIN
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 1,000
    BITTERROOT HUMANE SOCIETY
    PO BOX 57
    HAMILTON,MT59840     		NONE PC VET SUPPLIES AND SUPPORT 11,200
    BITTERROOT KWANIS
    610 1ST STE 5 PMB 417
    HAMILTON,MT59840     		NONE NC CHRISTMAS FOOD BOXES 2,500
    BITTERROOT PUBLIC LIBRARY
    306 STATE ST
    HAMILTON,MT59840     		NONE GOV COMPUTER FURNITURE 5,000
    BITTERROOT VALLEY CHORUS
    PO BOX 1262
    HAMILTON,MT59840     		NONE PC CHRISTMAS CONCERT 1,000
    DARBY SCHOOLS
    209 SCHOOL DRIVE
    DARBY,MT59829     		NONE GOV LIBRARY BOOKS, EQUIPMENT AND GENERAL SUPPORT 4,786
    DARBY BREAD BOX
    PO BOX 207
    HAMILTON,MT59829     		NONE PC REFRIGERATOR AND FREEZER 2,900
    EMMA'S HOUSE
    PO BOX 2034
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 16,000
    HAMILTON HIGH SCHOOL
    327 FAIRGROUNDS RD
    HAMILTON,MT59840     		NONE GOV VARIOUS PROGRAMS AND SUPPORT 7,819
    HAMILTON MIDDLE SCHOOL
    209 SOUTH 5TH
    HAMILTON,MT59840     		NONE GOV GENERAL SUPPORT 5,000
    HAMILTON PLAYERS INC
    100 RICKETTS RD
    HAMILTON,MT59840     		NONE PC SUPPORT 4,500
    HAMILTON POLICE DEPT
    223 S 2ND ST
    HAMILTON,MT59840     		NONE GOV SUPPORT 500
    HAVEN HOUSE
    PO BOX 1343
    HAMILTON,MT59840     		NONE PC SUPPORT 1,000
    RAVALLI HEAD START
    81 KURTZ LN
    HAMILTON,MT59840     		NONE PC LIBRARY BOOKS AND SUPPORT 1,588
    LITERACY VOLUNTEERS OF AMERICA
    316 NORTH THIRD
    HAMILTON,MT59840     		NONE PC SUPPORT 3,000
    LONE ROCK SCHOOL
    1112 THREE MILE CRK RD
    STEVENSVILLE,MT59870     		NONE GOV LIBRARY BOOKS and support 1,444
    NORTH VALLEY PUBLIC LIBRARY
    208 MAIN STREET
    STEVENSVILLE,MT59870     		NONE PC TABLES AND SUPPORT 6,280
    RAVALLI COUNCIL ON AGING
    310 OLD CORVALLIS RD
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 1,000
    RAVALLI COUNTY 4H COUNCIL
    215 S 45TH ST
    HAMILTON,MT59840     		NONE PC PLUMBING AND ELECTRICAL RENOVATION 3,000
    RAVALLI COUNTY DUI TASK FORCE
    215 S 4TH
    HAMILTON,MT59840     		NONE GOV SUPPORT 500
    SAPPHIRE LUTHERN HOMES
    501 N 10TH
    HAMILTON,MT59840     		NONE PC SHAKESPEARE IN THE PARK AND SUPPORT 1,250
    STEVENSVILLE PLAYHOUSE
    319 MAIN ST
    STEVENSVILLE,MT59870     		NONE PC EQUIPMENT AND SUPPORT 4,000
    STEVENSVILLE VOLUNTEER FIRE DEPT
    PO BOX 30
    STEVENSVILLE,MT59870     		NONE PC SUPPORT 500
    TELLER REFUGE INC
    PO BOX 548
    CORVALLIS,MT59828     		NONE PC YOUTH CONSERVATION EXPO AND ARCHERY TRAILER 23,000
    VICTOR VOLUNTEER FIRE DEPT
    PO BOX 273
    VICTOR,MT59875     		NONE PC SUPPORT 3,500
    CORVALLIS HIGH SCHOOL
    PO BOX 700
    CORVALLIS,MT59828     		NONE GOV VARIOUS PROGRAMS AND SUPPORT 3,631
    CORVALLIS MIDDLE SCHOOL
    1045 MAIN ST
    CORVALLIS,MT59828     		NONE GOV general support 1,619
    DALY SCHOOL
    208 DALY AVE
    HAMILTON,MT59840     		NONE GOV GENERAL SUPPORT 14,440
    DARBY PUBLIC LIBRARY
    101 S MARSHAL ST
    DARBY,MT59829     		NONE PC GENERAL SUPPORT 500
    HAMILTON VOLUNTEER FIRE DEPARTMENT
    223 S 2ND
    HAMILTON,MT59840     		NONE PC SUPPORT 500
    RAVALLI COUNTY RECYCLING
    PO BOX 1916
    HAMILTON,MT59840     		NONE PC BINS, CAGES, AND SIGNS 3,400
    RAVALLI COUNTY FAIR
    215 S 4TH
    HAMILTON,MT59840     		NONE GOV GENERAL SUPPORT 1,000
    SAFE
    PO BOX 534
    HAMILTON,MT59840     		NONE PC SUPPORT 2,946
    SAFE HAVEN LLAMAS
    780 OLD CORVALLIS RD
    CORVALLIS,MT59828     		NONE PC SUPPORT 1,000
    BITTERROOT DRAGON BRIGADE
    1095 IRON CAP DRIVE
    STEVENSVILLE,MT59870     		NONE PC BUS TIRES 4,000
    MONTANA STATE GRANGE
    249 CHADS RD
    HAMILTON,MT59840     		NONE PC KITCHEN REPAIRS AND ROOF PROJECT 18,000
    RAVALLI COUNTY RESERVE DEPUTIES
    205 BEDFORD SUITE G
    HAMILTON,MT59840     		NONE GOV SUPPORT 500
    SALVATION ARMY - BITTERROOT
    126 WEST MAIN
    HAMILTON,MT59840     		NONE PC SUPPORT 500
    STEVENSVILLE SCHOOLS
    300 PARK STREET
    STEVENSVILLE,MT59870     		NONE GOV LIBRARY BOOKS 500
    TUESDAY AT TWELVE
    PO BOX 1206
    HAMILTON,MT59840     		NONE PC SUPPORT 660
    VALLEY VETERAN'S SERVICE
    217 N 3RD STE L
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 1,000
    VICTOR SCHOOLS
    425 FOURTH AVE
    VICTOR,MT59875     		NONE GOV LIBRARY BOOKS AND SUPPORT 2,350
    WESTERN MT EQUINE RESCUE
    PO BOX 1168
    CORVALLIS,MT59828     		NONE PC SUPPORT 500
    FLORENCE-CARLTON SCHOOL DISTRICT
    5602 OLD US 93
    FLORENCE,MT59833     		NONE GOV CPR KITS and support 5,154
    ANDREW WALTERS FOUNDATION
    573 GRANDVIEW DR
    STEVENSVILLE,MT59870     		NONE PC SUPPORT 1,000
    DALY MANSION PRESERVATION TRUST
    PO BOX 223
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 3,000
    FLORENCE CIVIC CLUB
    PO BOX 544
    FLORENCE,MT59833     		NONE PC BOOKS FOR LIBRARY 500
    FOX HOLLOW ANIMAL PROJECT
    155 FOX HOLLOW
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 1,500
    FRIENDS OF THE DARBY COMMUNITY LIBR
    PO BOX 1115
    DARBY,MT59829     		NONE PC GENERAL SUPPORT 1,000
    HISTORIC ST MARY'S MISSION
    PO BOX 211
    STEVENSVILLE,MT59870     		NONE PC BUILDING MAINTENANCE, LED LIGHTING, AND GENERAL SUPPORT 5,453
    PAINTED ROCKS FIRE & RESCUE
    9564 WEST FORK RD
    DARBY,MT59829     		NONE PC NOZZLES AND EMT TRAINING 5,500
    VICTOR HERITAGE MUSEUM
    PO BOX 610
    VICTOR,MT59875     		NONE PC GENERAL SUPPORT 1,000
    BITTERROOT VALLEY HISTORICAL SOCIET
    205 BEDFORD ST
    HAMILTON,MT59840     		NONE PC DIGITIZING EQUIPMENT 2,000
    PROJECT NIGHT FLIGHT INC
    7071 UNCLE ROBERT LN 10
    MISSOULA,MT59803     		NONE PC EQUIPMENT AND SUPPORT 3,000
    WEST FORK RURAL FIRE DISTRICT
    209 KUCERA ROAD
    DARBY,MT59829     		NONE PC SIGN AND ICE RESCUE EQUIPMENT 3,000
    YOUTH HOMES
    196 PROVIDENCE WAY
    HAMILTON,MT59840     		NONE PC CARPETING AND SUPPORT 3,000
    STEVENSVILLE PANTRY PARTNERS
    PO BOX 806
    STEVENSVILLE,MT59870     		NONE PC GENERAL SUPPORT 3,000
    STEVENSVILLE MAIN STREET ASSOC
    PO BOX 18
    STEVENSVILLE,MT59870     		NONE PC GENERAL SUPPORT 3,410
    STEVENSVILLE HISTORICAL MUSEUM
    PO BOX 750
    STEVENSVILLE,MT59870     		  PC EXTERIOR RESTORATION 3,000
    STEVENSVILLE COMMUNITY CENTER COMPL
    PO BOX 413
    STEVENSVILLE,MT59870     		NONE PC ROBOTICS AND DRONE EQUIPMENT 3,000
    SPECIAL OLYMPICS MONTANA
    PO BOX 1344
    FLORENCE,MT59833     		NONE PC GENERAL SUPPORT 3,000
    MAPS MEDIA INSTITUTE
    515 MADISON ST
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 500
    MONTANA BOWHUNTERS ASSOCIATION
    4455 HOOVER LANE
    STEVENSVILLE,MT59870     		NONE PC CAMP FUNDS 1,000
    HAMILTON SENIOR CENTER
    820 N 4TH ST
    HAMILTON,MT59840     		NONE PC KITCHEN FLOOR REPAIR AND SUPPORT 3,000
    BITTERROOT FAMILY CHURCH SHARING TR
    PO BOX 747
    STEVENSVILLE,MT59870     		NONE PC GENERAL SUPPORT 3,000
    BITTERROOT TRAIL PRESERVATION ALLIA
    PO BOX 3021
    MISSOULA,MT59806     		NONE PC BIKE REST AREA AND SUPPORT 3,000
    BITTERROOTERS FOR PLANNING
    PO BOX 406
    HAMILTON,MT59840     		NONE PC FLOWMETER MONITOR 1,000
    CORVALLIS RURAL FIRE DISTRICT
    PO BOX 13
    CORVALLIS,MT59828     		NONE GOV AMBULANCE SUPPLIES 1,683
    DARBY COMMUNITY CLUBHOUSE INC
    PO BOX 531
    DARBY,MT59829     		NONE PC CLUBHOUSE MAINTENANCE 2,675
    DISABLED AMERICAN VETERANS
    3139 SOFT ROCK
    CORVALLIS,MT59828     		NONE PC GENERAL SUPPORT 1,000
    FLORENCE ATHLETIC BOOSTER CLUB
    5602 OLD HIGHWAY 93
    FLORENCE,MT59833     		NONE PC SOFTBALL FIELD AND RECREATION FACILITIES 33,000
    FLORENCE CARLTON MUSIC BOOSTERS
    5602 OLD HIGHWAY 93
    FLORENCE,MT59833     		NONE PC ACOUSTIC SHELL 3,000
    HABITAT FOR HUMANITY OF RAVALLI CTY
    PO BOX 2221
    HAMILTON,MT59840     		NONE PC GENERAL SUPPORT 1,000
    Total .................................bullet 3a 353,605
    bApproved for future payment
    Total .................................bullet 3b  
    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 92  
    4 Dividends and interest from securities....     14 104,083  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531190 69,748      
    bNot debt-financed property.....     16 79,241  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 239,774  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMisc     		    1 2,430  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 69,748 425,620  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    495,368
    (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: 18007218
    Software Version: 2018v3.1


    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
    RAPP FAMILY FOUNDATION INC
     
    Employer identification number

    36-3756870
    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
    RAPP FAMILY FOUNDATION INC
          		Employer identification number
    36-3756870
    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
    MARGARET RAPP MARITAL TRUST  
    418 S 2ND
     
    HAMILTON, MT59840

    		$ 167,828


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    HOWARD B RAPP MARITAL TRUST  
    418 S 2ND
     
    HAMILTON, MT59840

    		$ 6,910


    (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
    RAPP FAMILY FOUNDATION INC
          		Employer identification number

    36-3756870
    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
    RAPP FAMILY FOUNDATION INC
          		Employer identification number

    36-3756870
    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: 18007218
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting and tax preparation 4,725 2,363 0 0

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

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    BITTERROOT KWANIS 610 1ST STE 5 PMB 417
    HAMILTON,MT59840     		2018-12-17 2,500 CHRISTMAS FOOD BASKETS 2,500 No 12/31/18 2018-12-31 AMOUNTS WERE SPENT ON CHRISTMAS FOOD BASKETS AS GRANTED.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Raymond James #7579 - Fixed Income 32,448 31,308

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Raymond James #6992 - Equities 1,878,173 1,966,427
    Raymond James #7579 - Equities 396,108 433,647

    TY 2018 InvestmentsOtherSchedule2
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Walnut-East, A Limited Partnership FMV 518,033 706,000
    Pacific Shore, LP FMV 222,312 275,000
    Warner Center LP FMV 106,126 143,000
    Tustin First Investment Company FMV 128,935 144,500
    Beach & Warner Associates, LP FMV 824,258 2,250,000

    TY 2018 OtherDecreasesSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    PRIVATE FOUNDATION ESTIMATE TAX PMTS 18,496


    TY 2018 OtherExpensesSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 47 47    
    POSTAGE 83 83    
    Rental Expenses 44,073 43,836    
    SAFETY DEPOSIT 48 48    


    TY 2018 OtherIncomeSchedule2
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Misc 2,430 2,430 2,430


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    management fees 64,435 64,435 0 0


    TY 2018 TaxesSchedule
    Name:
    RAPP FAMILY FOUNDATION INC
    EIN:
    36-3756870
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax 3,484 3,484