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
COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)132 STATE ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARBOR BEACH, MI48441
A Employer identification number

52-7317516
B Telephone number (see instructions)

(989) 479-6148
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$708,706J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 16,777 16,777 16,777
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 48,079
b Gross sales price for all assets on line 6a 266,536
7 Capital gain net income (from Part IV, line 2)... 48,079
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........ 64,856 64,856 16,777
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)......... Click to see attachment 17,792 17,792 17,792  
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 440 440 440  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,232 18,232 18,232 0
25 Contributions, gifts, grants paid....... 31,700 31,700
26 Total expenses and disbursements. Add lines 24 and 25 49,932 18,232 18,232 31,700
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,924
b Net investment income (if negative, enter -0-) 46,624
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.............      
2 Savings and temporary cash investments......... 8,060 16,162 16,162
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) 97,400 Click to see attachment114,592 114,626
b Investments—corporate stock (attach schedule)....... 399,482 Click to see attachment399,488 483,584
c Investments—corporate bonds (attach schedule)....... 106,322 Click to see attachment95,946 94,334
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) 611,264 626,188 708,706
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 611,264 626,188
30 Total net assets or fund balances (see instructions)..... 611,264 626,188
31 Total liabilities and net assets/fund balances (see instructions). 611,264 626,188
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
611,264
2
Enter amount from Part I, line 27a .....................
2
14,924
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
626,188
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
626,188
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 12 SH AETNA INC NEW P 2016-03-14 2018-01-02
b 109 SH ACTIVISION BLIZZARD INC P 2016-02-22 2018-01-26
c 31 SH CARNIVAL CORP PAIRED SHS P 2015-06-11 2018-01-25
d 28 SH GILEAD SCIENCES INC COM P 2015-11-18 2018-01-22
e 40 SH VALERO ENERGY CORP INC P 2015-08-15 2018-01-02
6000 SH AT&T INC 5.5%FEB01 18 P 2014-06-26 2018-02-01
5000 GENL LEEC CAP COR 2.2% 20 P 2015-01-23 2018-02-06
33 SH ACTIVISION BLIZZARD INC P 2016-02-22 2018-02-16
21 SH GOLDMAN SACHS GROUP INC P 2016-01-28 2018-02-06
1000SH AT&T INC 5.5%FEB01 18 P 2017-07-20 2018-02-01
1000 SH GENL ELEC CAP COR 2,2% 20 P 2017-07-20 2018-02-06
7000 SH COMCAST CORP 3.37%AUG15 25 P 2015-12-07 2018-03-01
9000 SH TSY 2.25%NOV 15 2025 P 2016-07-26 2018-03-01
5000 SH US TSY 2.000%FEB 15 2015 P 2015-09-02 2018-03-01
8 SH GOLDMAN SACHS GROUP INC P 2016-01-28 2018-03-05
138 SH GOODYEAR TIRE RUBBER P 2017-01-10 2018-03-06
11 SH HOME DEPOT INC P 2015-06-15 2018-03-06
2000 SH COMCAST CORP 3.37%AUG15 25 P 2017-07-20 2018-03-01
7000 SH EUROPEAN INVESTMENT BANK P 2017-03-09 2018-03-01
1000 SH US TSY 2.25%NOV 15 2015 P 2017-03-09 2018-03-01
24 SH GOODYEAR TIRE RUBBER P 2017-07-20 2018-03-06
61 SH GOODYEAR TIRE RUBBER P 2017-01-09 2018-04-02
20 SH RAYTHEON CO DELAWARE NEW P 2015-06-15 2018-04-02
27 SH ROBERTHALF INTL INC COM P 2016-10-28 2018-04-20
12H AETNA INC NEW P 2014-05-29 2018-02-17
86 SH CITIGROUP INC COM NEW P 2015-06-15 2018-05-17
22 SH GILEAD SCIENCES INC COM P 2015-10-20 2018-05-11
8 SH HOME DEPOT INC P 2014-09-09 2018-05-16
90 SH PUB SVC ENTERPRISE GRP P 2015-06-10 2018-05-17
7 SH PUB SVC ENTERPRISE GRP P 2015-06-15 2018-05-02
32 SH ROBERTHALF INTL INC COM P 2016-10-27 2018-05-11
14000 SH US TSY 2.375%JAN 31 2023 P 2018-02-09 2018-04-27
2 SH CHEVRON CORP P 2017-01-05 2018-06-11
40 SH CITIGROUP INC COM NEW P 2012-10-31 2018-06-04
6 SH HOME DEPOT INC P 2014-09-09 2018-06-19
53 SH SOUTHWEST AIRLNS CO P 2015-08-05 2018-06-11
9000 SH US TSY 2.25%FEB 15 2021 P 2018-03-01 2018-06-08
5000 SH TSY 2.125%JUN 30 2022 P 2017-10-28 2018-06-08
19 SH CHEVRON CORP P 2018-01-10 2018-06-11
6 SH ALTRIA GROUP INC P 2015-06-10 2018-07-05
3 SH ALPHABET INC SHS CL A P 2012-06-28 2018-07-05
10 SH APPLE INC P 2012-06-28 2018-07-05
6 SH BIOGEN INC P 2016-08-24 2018-07-12
9 SH BAXTER INTERNTL INC P 2017-04-11 2018-07-05
10 SH CVS HEALTH CORP P 2012-07-13 2018-07-05
7 SH CENTENE CORP P 2015-06-10 2018-07-05
6 SH CDW CORP P 2015-09-09 2018-07-05
6 SH CISCO SYSTEMS INC COM P 2013-08-08 2018-07-05
14 SH DOWDUPONT INC COM P 2013-10-22 2018-07-05
13 SH DELTA AIR LINES INC P 2016-02-22 2018-07-05
39 SH FLEX LTD P 2016-06-14 2018-07-05
3 SH HUMANA INC P 2015-08-06 2018-07-05
10 SH JPMORGAN CHASE & CO P 2012-06-14 2018-07-05
7 SH LENNAR CORP CL A P 2015-09-09 2018-07-05
8 SH MICROSOFT CORP P 2009-11-16 2018-07-05
7 SH NORFOLK SOUTHERN CORP P 2017-01-09 2018-07-05
14 SH ORACLE CORP $0.01 DEL P 2017-05-17 2018-07-05
17 PFIZER INC P 2016-01-28 2018-07-05
16 SH REGIONS FINL CORP P 2017-01-09 2018-07-05
9 SH SUNCOR ENERGY INC NEW P 2013-01-15 2018-07-05
14 SH SUNTRUST BKS INC COM P 2013-01-15 2018-07-05
53 SH URBAN OUTFITTERS INC P 2017-03-30 2018-07-05
4 SH UNITEDHEALTH GROUP INC P 2014-10-27 2018-07-05
14 SH US BANCORP P 2012-07-25 2018-07-05
34 SH E TRADE FINL CORP P 2017-11-28 2018-07-20
30 SH ORACLE CORP $0.01 DEL P 2017-11-06 2018-07-09
7 SH PG&E CORP P 2017-10-18 2018-07-05
4000 SH WELLS FARGO & CO 2.15% 19 P 2013-11-18 2018-08-23
4000 SH US BANCORP P 2016-01-27 2018-08-23
22 SH CVS HEALTH CORP P 2012-09-24 2018-07-31
22 SH CITIGROUP INC COM NEW P 2012-10-31 2018-08-09
18 SH LOWES COMPANIES INC P 2015-05-07 2018-08-22
56 SH ORACLE CORP $0.01 DEL P 2017-07-12 2018-08-20
29 SH SOUTHWEST AIRLNS CO P 2015-07-10 2018-08-03
61 SH URBAN OUTFITTERS INC P 2017-03-30 2018-08-22
6000 SH US TSY 2.375%MAY 15 2027 P 2017-09-20 2018-08-23
9 SH ORACLE CORP $0.01 DEL P 2017-11-06 2018-08-20
9000 SH VISA INC 2.20%DEC 14 20 P 2017-07-21 2018-09-12
297 SH FLEX LTD P 2016-06-29 2018-09-19
117 SH ORACLE CORP $0.01 DEL P 2017-08-16 2018-09-19
5000 US TSY 3.375%NOV 15 2019 P 2017-11-20 2018-09-12
24 SH HOME DEPOT INC P 2014-09-09 2018-10-25
19 SH ORACLE CORP $0.01 DEL P 2017-08-16 2018-10-02
97 SH ALLISON TRANSMISSION HLD P 2018-05-18 2018-10-22
26 SH ORACLE CORP $0.01 DEL P 2017-12-19 2018-10-02
43 SH AETNA INC NEW P 2014-05-29 2018-11-29
18 SH CVS HEALTH CORP P 2012-09-24 2018-11-21
21 SH CW CORP P 2015-09-11 2018-11-27
59 SH GENERAL ELECTRIC P 2017-11-14 2018-11-21
5 SH HOME DEPOT INC P 2014-09-09 2018-10-31
5 SH HUMANA INC P 2015-08-06 2018-10-31
21 SH JPMORGAN CHASE & CO P 2015-06-10 2018-10-31
23 SH MICROSOFT CORP P 2009-11-16 2018-11-21
110 SH PG&E CORP P 2017-11-10 2018-11-15
295 SH GENERAL ELECTRIC P 2018-01-02 2018-11-21
24 SH PG&E CORP P 2017-11-22 2018-11-15
50 SH CVS HEALTH CORP P 2015-11-18 2018-12-11
13 SH CHEVRON CORP P 2017-01-05 2018-12-07
81 SH DELL TECHNOLOGIES INC P 2017-06-23 2018-12-28
31 SH HARTFORD FINL SVCS GROUP P 2017-12-18 2018-12-19
34 SH PFIZER INC P 2016-01-28 2018-12-14
29 SH SUNTRUST BKS INC COM P 2013-01-15 2018-12-14
13 SH DELL TECHNOLOGIES INC P 2018-01-26 2018-12-28
(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 2,165   1,191 974
b 7,530   3,601 3,929
c 2,190   1,470 720
d 2,275   2,983 -708
e 3,747   1,089 2,658
6,000   5,969 31
4,960   5,026 -66
2,282   1,043 1,239
5,283   2,940 2,343
1,000   1,000  
992   1,009 -17
6,864   7,138 -274
3,842   4,199 -357
4,750   4,916 -166
2,089   1,039 1,050
3,823   4,192 -369
1,988   1,110 878
1,961   2,073 -112
6,885   6,979 -94
960   976 -16
678   858 -180
1,455   1,563 -108
4,227   2,026 2,201
1,599   992 607
2,127   925 1,202
6,182   3,681 2,501
1,447   2,260 -813
1,488   717 771
4,562   3,824 738
1,424   702 722
2,050   1,212 838
13,742   13,928 -186
253   235 18
2,674   1,292 1,382
1,193   538 655
2,712   1,853 859
8,919   8,959 -40
4,884   5,017 -133
2,406   2,432 -26
344   297 47
3,402   847 2,555
1,856   814 1,042
1,982   1,754 228
662   476 186
651   480 171
890   516 374
489   244 245
255   157 98
922   579 343
639   631 8
552   498 54
917   557 360
1,038   344 694
372   361 11
796   237 559
1,068   765 303
635   622 13
626   514 112
280   230 50
369   309 60
937   399 538
2,423   1,308 1,115
999   368 631
699   467 232
2,072   1,526 546
1,389   1,513 -124
307   397 -90
3,995   4,003 -8
3,993   4,009 -16
1,436   1,057 379
1,588   650 938
1,902   1,275 627
2,709   2,628 81
1,664   972 692
2,860   1,493 1,367
5,797   6,064 -267
436   454 -18
8,848   8,989 -141
3,860   3,685 175
5,710   5,344 366
5,044   5,095 -51
4,316   2,152 2,164
962   934 28
4,822   3,885 937
1,316   1,249 67
9,061   2,917 6,144
1,352   865 487
1,874   854 1,020
460   1,036 -576
884   448 436
1,622   930 692
2,295   1,430 865
2,377   681 1,696
2,101   6,264 -4,163
2,598   5,560 -2,962
458   1,293 -835
3,659   3,654 5
1,508   1,527 -19
6,234   2,244 3,990
1,603   2,102 -499
1,488   1,028 460
1,524   826 698
1,001   693 308
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       974
b       3,929
c       720
d       -708
e       2,658
      31
      -66
      1,239
      2,343
       
      -17
      -274
      -357
      -166
      1,050
      -369
      878
      -112
      -94
      -16
      -180
      -108
      2,201
      607
      1,202
      2,501
      -813
      771
      738
      722
      838
      -186
      18
      1,382
      655
      859
      -40
      -133
      -26
      47
      2,555
      1,042
      228
      186
      171
      374
      245
      98
      343
      8
      54
      360
      694
      11
      559
      303
      13
      112
      50
      60
      538
      1,115
      631
      232
      546
      -124
      -90
      -8
      -16
      379
      938
      627
      81
      692
      1,367
      -267
      -18
      -141
      175
      366
      -51
      2,164
      28
      937
      67
      6,144
      487
      1,020
      -576
      436
      692
      865
      1,696
      -4,163
      -2,962
      -835
      5
      -19
      3,990
      -499
      460
      698
      308
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 48,079
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 -3,293
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 38,062 788,931 0.048245
2016 34,003 711,869 0.047766
2015 30,638 721,400 0.042470
2014 39,138 730,607 0.053569
2013 33,575 687,496 0.048837
2
Total of line 1, column (d) .....................
2
0.240887
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
0.048177
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
776,605
5
Multiply line 4 by line 3......................
5
37,414
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
466
7
Add lines 5 and 6........................
7
37,880
8
Enter qualifying distributions from Part XII, line 4,.............
8
31,700
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 1 932
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........................... 3 932
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- ..... 5 932
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 32
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 964
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$   (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
 
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)
    bulletGA
    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 ofbulletMARILYN TOWNLEY Telephone no.bullet (989) 479-6148

    Located atbullet132 STATE STHarbor BeachMI ZIP+4bullet48441
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    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).
    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
    MARILYN S TOWNLEY TRUSTEE
    1.00     		1,956    
    132 STATE ST
    Harbor Beach,MI48441
    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
     
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    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
    775,816
    b
    Average of monthly cash balances.......................
    1b
    12,615
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    788,431
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    788,431
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,826
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    776,605
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    38,830
    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
    38,830
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    932
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    932
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    37,898
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    37,898
    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
    37,898
    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
    31,700
    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
    31,700
    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
    31,700
    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 37,898
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 24,782
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 31,700
    a Applied to 2017, but not more than line 2a 24,782
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 24,782
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		13,116
    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:
    HARBOR BEACH COMMUNITY SCHOOL
    402 SOUTH FIFTH STREET
    HARBOR BEACH,MI48441
    (989) 479-3261
    bThe form in which applications should be submitted and information and materials they should include:
    CMDR AND MRS KRAUSE SCHOLARSHIP APP, TRANSCRIPT OF GPA(FOR POST GRADUATE APPLICANTS)
    cAny submission deadlines:
    APRIL 1ST ANNUALLY
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRADUATE OF HARBOR BEACH COMMUNITY SCHOOL AND ACCEPTED AT OR ATTENDING QUALIFYING EDUCATION INSTITUTION
    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
    JENNA ARNDT
    7930 PORTLAND AVE
    PORT HOPE,MI48468     		NONE NC SCHOLARSHIP FOR ONTINUING EDUCATION 500
    BROOKE BLANCHARD
    117 SCHOOL STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    CAMRYN BOOMS
    303 SOUTH FOURTH ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 350
    DANIELLE BOOMS
    335 FOURTH STREET
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,125
    DEREK BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARHIP FOR CONTINUING EDUCATION 1,000
    ELIZABETH BOOMS
    2664 SOUTH LAKESHORE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FR CONTINUING EDUCATION 500
    HANNAH BOOMS
    2664 SOUTH LAKESHORE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    NICOLE BOOMS
    7571 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    KATIE BOOTH
    145 FAIRWAY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    CODY BOYNTON
    8650 RAPSON RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    ALEXIS BRAUN
    855 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    ASHLEY BRAUN
    6171 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 550
    JOCELYN BRAUN
    1983 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    JORDAN BRAUN
    855 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    JACOB FINKEL
    576 SCHOCK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    NADINE GLAZA
    3507 PARISVILLE RE
    RUTH,MI48470     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    ETHAN GUZA
    1650 PORT HOPE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    JACKLYN HOLDWICK
    1250 SCHOCK RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    CHRIS KEYES
    158 NORTH SECOND ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    JOSHUA KEYES
    159 NORTH SECOND ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    BRADY KIRSCH
    9672 CHERRY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    SLOAN KLASKI
    305 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP OR CONTINUING EDUCATION 500
    ZAYNE KLASKI
    305 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    SHANE KORBEL
    4100 GREEN ISLE WAY
    UNIT 1
    SAGINAW,MI48603     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 450
    BRENDON KOCIBA
    4018 LATCHSTRING CT
    SALINE,MI48176     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    MADISON KOWALESKI
    1700 PORT HOPE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 950
    KINSEY KRAMER
    8160 JENKS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLASHIP FOR CONTINUING EDUCATION 500
    MARGARET LANFEAR
    138 FAIRWAY DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 400
    JADA LEARMAN
    525 BARTLETT ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,250
    KEVIN MAZURE
    6573 LEARMAN RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,050
    KYLE MAZURE
    1710 PORT HOPE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    ABBY PAWLOWSKI
    102 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR ONTINUING EDUCATION 500
    EMILY PAWLOWSKI
    102 SOUTH KLUG RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    AUSTIN ROBERTS
    8462 SECTION LINE RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,500
    TESSA ROGGENBUCK
    8225 TOPPIN RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,375
    JOSH SCHELKE
    222 NORTHWOOD DR
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUATION 500
    DANIELLE SIEMEN
    1732 BUHL RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    BRIAN STEIN
    4608 EDWARDS RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    EMILY STROZESKI
    7799 VANS RD
    PORT HOPE,MI48468     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    HALEY TALASKI
    180 SOUTH RUTH RD
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 500
    MADISON WOODY
    214 SOUTH FOURTH ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 450
    OWEN WOODY
    214 SOUTH FOURTH ST
    HARBOR BEACH,MI48441     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 750
    ASHLEY WEBER
    8812 SCHOCK RD
    MINDEN CITY,MI48456     		NONE NC SCHOLARSHIP FOR CONTINUING EDUCATION 1,000
    Total .................................bullet 3a 31,700
    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 ...........     		         
    4 Dividends and interest from securities....         16,777
    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 ............     		        48,079
    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)..     64,856
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    64,856
    (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

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Bond End of Year Book Value End of Year Fair Market Value
    7000 SH CISCO SYSTEMS INC 6,977 7,015
    7000 SH SHELL INTERNATIONAL FIN 7,021 7,065
    4000 SH USD ROYAL BK CANADA 4,028 3,978
    5000 SH WELLS FARGO & COMPANY 5,002 4,844
    4000 SH CITIGROUP INC 3,910 4,087
    9000 SH ANHEUSER-BUSCH INBEV FIN 8,972 8,751
    10000 GLAXOSMITHKLINE CAPITAL 9,988 10,038
    10000 WALMART INC 10,126 10,103
    5000 BANK OF NY MELLON CORP 4,963 4,748
    8000 JPMORGAN CHASE & CO 8,006 7,947
    9000 BB&T CORPORATION 8,960 8,647
    9000 ORACLE CORPORATION 8,900 8,341
    9000 APPLE INC 9,093 8,770

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Name of Stock End of Year Book Value End of Year Fair Market Value
    403 AES CORP 5,611 5,827
    191 SH ALLY FIN INC 5,218 4,328
    12 SH ALPHABET INC SHE CL C 6,191 12,427
    12 SH ALPHABET INC SHS CL A 4,269 12,540
    203 SH ALTRIA GROUP INC 10,745 10,026
    173 SH APPLE INC 17,388 27,289
    115 SH BAXTER INTERNATL INC 6,309 7,569
    35 SH BIOGEN INC 9,940 10,532
    239 SH BP PLC SPON ADR 9,259 9,063
    139 SH CARNIVAL CORP PAIRED SHS 6,955 6,853
    97 CDW CORP 3,869 7,862
    66 SH CENTENE CORP 5,121 7,610
    86 SH CHEVRON CORP 10,087 9,356
    353 SH SISCO SYSTEMS INC COM 9,839 15,295
    54 SH CITIGROUP INC COM NEW 1,500 2,811
    160 SH COGNIZANT TECH SOLUTNS A 10,501 10,157
    410 SH COMCAST CORP NEW CL A 8,655 13,961
    24 SH CVS HEALTH CORP 1,937 1,572
    255 SH D R HORTON INC 8,398 8,838
    60 SH DELL TECHNOLOGIES INC 2,738 2,932
    169 SH DELTA AIR LINES INC 8,232 8,433
    205 SH DISH NETWORK CORPORATION 6,786 5,119
    73 SH DOLLAR GENERAL CORP 7,759 7,890
    164 SH DOWDUPONT INC COM 8,636 8,771
    148 SH E TRADE FINL CORP 6,724 6,494
    101 SH EMERSON ELEC CO 7,413 6,035
    254 SH FIRSTENERGY CORP 7,692 9,538
    94 SH FORTIVE CORP 6,337 6,360
    437 SH FREEPORT-MCMORAN INC 6,609 4,505
    99 SH GILEAD SCIENCES INC COM 8,711 6,192
    72 SH HARTFORD FINL SVCS GROUP 3,812 3,200
    36 SH HUMANA INC 6,457 10,313
    54 SH J M SMUCKER CO 6,701 5,048
    171 SH JPMORGAN CHASE & CO 6,960 16,693
    123 SH KAR AUCTION SERVICES INC 6,724 5,870
    68 SH LABORATORY CP AMER HLDGS 9,141 8,592
    89 SH LENNAR CORP CL A 4,423 3,484
    125 SH LOWE'S COMPANIES INC 6,554 11,545
    151 SH MARATHON OIL CORP 3,247 2,165
    268 SH MICROSOFT CORP 13,324 27,221
    77 SH NORFOLK SOUTHERN CORP 8,667 11,515
    74 SH NOVARTIS ADR 6,583 6,350
    128 SH NOVO NORDISK A S SDR 6,390 5,897
    23 SH O'REILLY AUTOMOTIVE INC 6,875 7,920
    63 SH PACKAGING CORP AMERICA 3,477 5,258
    404 SH PFIZER INC 13,158 17,635
    454 SH REGIONS FINL CORP 6,752 6,075
    303 SH SUNCOR ENERGY INC NEW 9,914 8,475
    150 SH SUNTRUST BKS INC COM 6,316 7,566
    167 SH TAIWAN S MANUFACTURING ADR 6,953 6,164
    48 SH UNITEDHEALTH GROUP INC 4,587 11,958
    111 SH URBAN OUTFITTERS INC 2,347 3,685
    180 SH US BANCORP 6,011 8,226
    148 SH WALMART INC 11,246 13,786
    1329 SH BLACKROCK STRATEGIC 13,440 12,758

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    US Government Securities - End of Year Book Value:

    114,592
    US Government Securities - End of Year Fair Market Value:

    114,626
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 LegalFeesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUST FEES 13,086 13,086 13,086  
    TRUSTEE FEES 1,956 1,956 1,956  
    TAX PREPARATION FEE 2,750 2,750 2,750  


    TY 2018 TaxesSchedule
    Name:
    COMMANDER AND MRS ROBERT KRAUSE FOUNDATION
    EIN:
    52-7317516
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2017 TAX 440 440 440