Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE PATRICK AND CATHERINE WELDON
DONAGHUE MEDICAL RESEARCH FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)18 NORTH MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WEST HARTFORD, CT061071919
A Employer identification number

06-6348275
B Telephone number (see instructions)

(860) 521-9011
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$66,864,989J 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... 1,543,476 1,543,476  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,561,156
b Gross sales price for all assets on line 6a 30,001,076
7 Capital gain net income (from Part IV, line 2)... 3,561,156
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........ 5,104,632 5,104,632 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 433,300 267,262 0 166,038
14 Other employee salaries and wages...... 196,144 0 0 196,144
15 Pension plans, employee benefits....... 88,957 0 0 88,957
16a Legal fees (attach schedule)......... Click to see attachment 6,181 0 0 6,181
b Accounting fees (attach schedule)....... Click to see attachment 39,975 0 0 39,975
c Other professional fees (attach schedule).... Click to see attachment 101,939 62,414 0 39,525
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 54,066 44,066 0 0
19 Depreciation (attach schedule) and depletion... 1,665 0 1,665
20 Occupancy.............. 60,936 0 0 60,936
21 Travel, conferences, and meetings....... 15,700 0 0 15,700
22 Printing and publications.......... 11,955 0 0 11,955
23 Other expenses (attach schedule)....... Click to see attachment 36,998 0 0 36,998
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,047,816 373,742 1,665 662,409
25 Contributions, gifts, grants paid....... 2,968,272 2,968,272
26 Total expenses and disbursements. Add lines 24 and 25 4,016,088 373,742 1,665 3,630,681
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,088,544
b Net investment income (if negative, enter -0-) 4,730,890
c Adjusted net income (if negative, enter -0-)... 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............. 6,750 6,296 6,296
2 Savings and temporary cash investments......... 1,684,990 1,104,387 1,104,387
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)....... 47,813,028 Click to see attachment46,778,232 47,521,386
c Investments—corporate bonds (attach schedule)....... 9,881,782 Click to see attachment11,636,111 10,215,422
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 7,411,512 Click to see attachment8,407,787 8,009,569
14 Land, buildings, and equipment: basis bullet45,936
Less: accumulated depreciation (attach schedule) bullet38,007 9,594 Click to see attachment7,929 7,929
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 66,807,656 67,940,742 66,864,989
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 9,594 7,929
29 Retained earnings, accumulated income, endowment, or other funds 66,798,062 67,932,813
30 Total net assets or fund balances (see instructions)..... 66,807,656 67,940,742
31 Total liabilities and net assets/fund balances (see instructions). 66,807,656 67,940,742
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
66,807,656
2
Enter amount from Part I, line 27a .....................
2
1,088,544
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
44,542
4
Add lines 1, 2, and 3 ..........................
4
67,940,742
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
67,940,742
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 PUBLICALLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 30,001,076   26,439,920 3,561,156
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,561,156
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,561,156
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 3,673,813 70,846,090 0.051856
2016 3,029,914 65,120,977 0.046527
2015 3,279,624 66,833,831 0.049071
2014 2,121,924 68,700,612 0.030887
2013 2,834,890 65,558,008 0.043242
2
Total of line 1, column (d) .....................
2
0.221583
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
0.044317
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
70,093,676
5
Multiply line 4 by line 3......................
5
3,106,341
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
47,309
7
Add lines 5 and 6........................
7
3,153,650
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,630,681
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 47,309
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 47,309
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 47,309
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 43,415
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 68,415
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,106
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet21,106 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    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 addressbulletWWW.DONAGHUE.ORG
    14
    The books are in care ofbulletLYNNE GARNER PHD Telephone no.bullet (860) 521-9011

    Located atbullet18 NORTH MAIN STREETWEST HARTFORDCT ZIP+4bullet061071919
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    US TRUST TRUSTEE
    20.00     		267,262 0 0
    185 ASYLUM STREET
    HARTFORD,CT06103
    LYNNE GARNER TRUSTEE/PRESIDENT
    40.00     		166,038 18,110 0
    18 NORTH MAIN STREET
    WEST HARTFORD,CT061071919
    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
    NANCY YEDLIN VICE PRESIDENT
    40.00     		125,119 17,375 0
    18 NORTH MAIN STREET
    WEST HARTFORD,CT061071919
    STACY CLOUD GRANT ADMINISTRATIOR
    30.00     		71,025 21,092 0
    18 NORTH MAIN STREET
    WEST HARTFORD,CT061071919
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1   0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    71,146,640
    b
    Average of monthly cash balances.......................
    1b
    6,523
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,929
    d
    Total (add lines 1a, b, and c).........................
    1d
    71,161,092
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    71,161,092
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,067,416
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    70,093,676
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,504,684
    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
    3,504,684
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    47,309
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    47,309
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,457,375
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,457,375
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,457,375
    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
    3,630,681
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,630,681
    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
    47,309
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,583,372
    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 3,457,375
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 36,485
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,630,681
    a Applied to 2017, but not more than line 2a 36,485
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 3,457,375
    e Remaining amount distributed out of corpus 136,821
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 136,821
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		136,821
    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.... 136,821
    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:
    LYNNE GARNER PRESIDENT THE DONAGHUE
    18 NORTH MAIN STREET
    WEST HARTFORD,CT061071919
    (860) 521-9011
    bThe form in which applications should be submitted and information and materials they should include:
    AS INSTRUCTED ON THE FOUNDATIONS WEB SITE, WWW.DONAGHUE.ORG, HOW TO APPLY
    cAny submission deadlines:
    VARIABLE - INQUIRE AT (860) 521-9011
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AS INSTRUCTED ON THE FOUNDATION WEB SITE, WWW.DONAGHUE.ORG, HOW TO APPLY.
    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
    ACADEMYHEALTH
    1666 K STREET SUITE 1100
    WASHINGTON,DC20006     		NONE PUBLIC CHARITY FOSTERING COLLABORATION TO ADVANCE EVIDENCE OF LOW VALUE CARE 65,000
    CHILDREN'S HOSPITAL OF LOS ANGELES
    4650 SUNSET BLVD
    LOS ANGELES,CA90027     		NONE PUBLIC CHARITY COYOT1 TO CALIFORNIA TELEMEDICINE 196,988
    DANA FARBER CANCER INSTITUTE
    450 BROOKLINE AVENUE DA1210
    BOSTON,MA02215     		NONE PUBLIC CHARITY ASSESSING TOXICITY AND ADHERENCE OF ORAL CANCER THERAPIES WITH EPROS 220,000
    DUKE UNIVERSITY
    DUKE BOX 90120
    DURHAM,NC27708     		NONE PUBLIC CHARITY EXAMINING BEST PRACTICE FOR FACTORING OUT OF POCKET EXPENSES 231,047
    FUND FOR THE AGED INC
    120 WEST 106TH STREET
    NEW YORK,NY10025     		NONE PUBLIC CHARITY SUSTAINABLE PRACTICE CHANGE FOR IMPROVED NURSING HOME CARE 60,500
    THE HASTINGS CENTER
    21 MALCOLM GORDON ROAD
    GARRISON,NY10524     		NONE PUBLIC CHARITY EXPANDED ETHICS SCHOLARSHIP & ENGAGEMENT WITH TARGETED PUBLICS 160,000
    HEALTH RESEARCH ALLIANCE
    PO BOX 16305
    DURHAM,NC27709     		NONE PUBLIC CHARITY 2018 MEMBERS MEETING 3,000
    JOHNS HOPKINS UNIVERSITY
    1800 ORLEANS STREET SUITE 6336
    BALTIMORE,MD21287     		NONE PUBLIC CHARITY CLINICAL OUTCOMES AND ICU MORBIDITIES IN CHILDREN 218,448
    KANSAS STATE UNIVERSITY
    1324 LOVERS LANE
    MANHATTAN,KS66056     		NONE PUBLIC CHARITY RESIDENT AND INSTITUTIONAL OUTCOMES OF PERSON-CENTERED CARE 70,928
    MASSACHUSETTES GENERAL HOSPITAL
    50 STANIFORD ST SUITE 801
    BOSTON,MA02114     		NONE PUBLIC CHARITY MATCHING THE RIGHT PERSON TO THE RIGHT TREATMENT 207,056
    METROPOLITAN JEWISH HEALTH SYSTEM
    39 BROADWAY 3RD FLOOR
    NEW YORK CITY,NY10006     		NONE PUBLIC CHARITY RACE, ETHNICITY & PRESSURE ULCERS IN NURSING HOMES 73,646
    NATL GOVERNORS ASSOC - CENTER FOR BEST PRACTICE
    444 NORTH CAPITOL ST SUITE 267
    WASHINGTON,DC20001     		NONE PUBLIC CHARITY EXPERT ROUNDTABLE ON IMPROVING THE HEALTH & WELL BEING OF AGING POPULATIONS 25,000
    THE NEW JEWISH HOME
    120 WEST 106TH STREET
    NEW YORK CITY,NY10025     		NONE PUBLIC CHARITY EVALUATIONS OF GERIATRIC SUBSTANCE ABUSE 39,600
    PORTLAND STATE UNIVERSITY
    PO BOX 751
    PORTLAND,OR97207     		NONE PUBLIC CHARITY IMPROVING CARE THROUGH COMPLAINTS AND INSPECTIONS DATA 79,223
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    180 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY USING TELEMEDICINE TO REDUCE HOSPITAL TRANSFERS 63,819
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    180 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY JUST GOOGLE IT: WHAT IS THE IMPACT OF MAKING HEALTH CARE MORE ACCESSIBLE 58,244
    PRESIDENT AND FELLOWS OF HARVARD COLLEGE
    180 LONGWOOD AVENUE
    BOSTON,MA02115     		NONE PUBLIC CHARITY HELPING STATES HELP PATIENT FIND PRICE DATA 60,500
    TRUSTEES OF DARTMOUTH COLLEGE
    11 ROPE FERRY ROAD
    HANOVER,NH03755     		NONE PUBLIC CHARITY NARRATIVE ENGAGEMENT TO MOTIVATE ADVANCE CARE PLANNING 60,500
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    726 BLACKLEY HALL 423 GUARDIAN
    DRIVE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY BEHAVIORAL ECONOMICS APPROACHES TO IMPROVE PALLIATIVE CARE 188,848
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    726 BLACKLEY HALL 423 GUARDIAN
    DRIVE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY REDUCE TRIAL RANDOMIZED EHR DEFAULTS & USING SOCIAL COMPARISONS 139,604
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    726 BLACKLEY HALL 423 GUARDIAN
    DRIVE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY KENTUCKY POPULATION SURVEY ON MEDICAID WAIVER POLICY 73,492
    UNIVERSITY OF CHICAGO
    5841 SOUTH MARYLAND
    CHICAGO,IL60637     		NONE PUBLIC CHARITY EFFECTS OF THE COMPREHENSIVE CARE PHYSICIAN PROGRAM 205,929
    UNIVERSITY OF MINNESOTA
    420 DELAWARE ST SE
    MINNEAPOLIS,MN55455     		NONE PUBLIC CHARITY QUALITY CARE INFORMATION INTO TIERED COST HEALTH INSURANCE BENEFIT 205,827
    UNIVERSITY OF PITTSBURGH
    3501 TERRACE STREET
    PITTSBURGH,PA15261     		NONE PUBLIC CHARITY DE-PRESCRIBING OF ANTI-DEMENTIA MEDICATIONS 34,067
    UNIVERSITY OF SOUTH FLORIDA
    4202 E FOWLER AVE MHC 1300
    TAMPA,FL33620     		NONE PUBLIC CHARITY FINDING THE CONSUMER VOICE: NURSING HOME COMPLAINTS 73,006
    WAKE FOREST UNIVERSITY
    MEDICAL CENTER BOULEVARD
    WINSTONSALEM,NC27157     		NONE PUBLIC CHARITY THE HEART PATHWAY - LOCAL IMPLEMENTATION TO BROAD DISSEMINATION 60,500
    YALE UNIVERSITY
    333 CEDAR STREET
    NEW HAVEN,CT06510     		NONE PUBLIC CHARITY TRANSLATING LEADERSHIP SAVES LIVES FOR GREATER IMPACT 33,000
    YALE UNIVERSITY
    333 CEDAR STREET
    NEW HAVEN,CT06510     		NONE PUBLIC CHARITY CREATING THE COMMUNITY HEALTH EMPOWERMENT SITE 60,500
    Total .................................bullet 3a 2,968,272
    bApproved for future payment
    ACADEMYHEALTH
    1666 K STREET SUITE 1100
    WASHINGTON,DC20006     		NONE PUBLIC CHARITY FOSTERING COLLABORATION TO ADVANCE EVIDENCE OF LOW VALUE CARE 65,000
    CHILDREN'S HOSPITAL OF LOS ANGELES
    4650 SUNSET BLVD
    LOS ANGELES,CA90027     		NONE PUBLIC CHARITY COYOT1 TO CALIFORNIA TELEMEDICINE 200,928
    DANA FARBER CANCER INSTITUTE
    450 BROOKLINE AVENUE DA1210
    BOSTON,MA02215     		NONE PUBLIC CHARITY ASSESSING TOXICITY AND ADHERENCE OF ORAL CANCER THERAPIES WITH EPROS 220,000
    DUKE UNIVERSITY
    DUKE BOX 90120
    DURHAM,NC27708     		NONE PUBLIC CHARITY EXAMINING BEST PRACTICE FOR FACTORING OUT OF POCKET EXPENSES 187,246
    FEINSTEIN INSTITUTE FOR RESEARCH
    350 COMMUNITY DRIVE
    MANHASSET,NY110303816     		NONE PUBLIC CHARITY LONG TERM CARE & FUTURE PLANNING FOR ADULTS WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES 120,000
    JOHNS HOPKINS UNIVERSITY
    1800 ORLEANS STREET SUITE 6336
    BALTIMORE,MD21287     		NONE PUBLIC CHARITY CLINICAL OUTCOMES AND ICU MORBIDITIES IN CHILDREN 215,000
    THE HASTINGS CENTER
    21 MALCOLM GORDON ROAD
    GARRISON,NY10524     		NONE PUBLIC CHARITY EXPANDED ETHICS SCHOLARSHIP & ENGAGEMENT WITH TARGETED PUBLICS 480,000
    KAISER FOUNDATION HEALTH PLAN OF WASHINGTON
    1730 MINOR AVENUE
    SEATTLE,WA98101     		NONE PUBLIC CHARITY VALUE-BASED FORMULARY-ESSENTIALS: TESTING & EXPANDING ON VALUE IN PRESCRIPTION DRUG BENEFIT DESIGN 399,917
    KANSAS STATE UNIVERSITY
    1324 LOVERS LANE
    MANHATTAN,KS66056     		NONE PUBLIC CHARITY RESIDENT AND INSTITUTIONAL OUTCOMES OF PERSON-CENTERED CARE 59,910
    MASSACHUSETTES GENERAL HOSPITAL
    50 STANIFORD ST SUITE 801
    BOSTON,MA02114     		NONE PUBLIC CHARITY MATCHING THE RIGHT PERSON TO THE RIGHT TREATMENT 184,860
    METROPOLITAN JEWISH HEALTH SYSTEM
    39 BROADWAY 3RD FLOOR
    NEW YORK CITY,NY10006     		NONE PUBLIC CHARITY RACE, ETHNICITY & PRESSURE ULCERS IN NURSING HOMES 70,760
    THE NEW JEWISH HOME
    120 WEST 106TH STREET
    NEW YORK CITY,NY10025     		NONE PUBLIC CHARITY EVALUATIONS OF GERIATRIC SUBSTANCE ABUSE 26,180
    PORTLAND STATE UNIVERSITY
    PO BOX 751
    PORTLAND,OR97207     		NONE PUBLIC CHARITY IMPROVING CARE THROUGH COMPLAINTS AND INSPECTIONS DATA 82,078
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    726 BLACKLEY HALL 423 GUARDIAN
    DRIVE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY REDUCE TRIAL RANDOMIZED EHR DEFAULTS & USING SOCIAL COMPARISONS 211,565
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    726 BLACKLEY HALL 423 GUARDIAN
    DRIVE
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY KENTUCKY POPULATION SURVEY ON MEDICAID WAIVER POLICY 63,379
    UNIVERSITY OF CALIFORNIA BERKELEY
    2121 BERKELEY WAY WEST ROOM 5435
    BERKELEY,CA94720     		NONE PUBLIC CHARITY EFFECTIVE PARTNERSHIP STRATEGIES IN HIGH PERFORMING AREA AGENCIES ON AGING 40,000
    UNIVERSITY OF MINNESOTA
    420 DELAWARE ST SE
    MINNEAPOLIS,MN55455     		NONE PUBLIC CHARITY QUALITY CARE INFORMATION INTO TIERED COST HEALTH INSURANCE BENEFIT 161,832
    UNIVERSITY OF SOUTH FLORIDA
    4202 E FOWLER AVE MHC 1300
    TAMPA,FL33620     		NONE PUBLIC CHARITY FINDING THE CONSUMER VOICE: NURSING HOME COMPLAINTS 70,905
    UNIVERSITY OF WASHINGTON
    1959 NE PACIFIC STREET BOX 356526
    SEATTLE,WA98115     		NONE PUBLIC CHARITY PROMOTING SAFETY BY ADAPTING CANDOR TO ELDERCARE SETTING 176,157
    Total .................................bullet 3b 3,035,717
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 1,543,476  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,561,156  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 5,104,632 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,104,632
    (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 AccountingFeesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 39,975 0 0 39,975

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Name of Bond End of Year Book Value End of Year Fair Market Value
    OTHER INVESTMENTS 11,636,111 10,215,422

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY 46,778,232 47,521,386

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIXED INCOME AT COST 8,407,787 8,009,569

    TY 2018 LandEtcSchedule2
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    2-SEAT SETTEE 2,415 484 1,931 1,931
    3 HP PROBOOK 4540S LAPTOP 2,455 2,455 0  
    AREA RUG 655 132 523 523
    BOOKCASE - 28" WIDE 40 40 0  
    CHAIR - GUEST (5) 1,280 1,280 0  
    CHAIRS (3) 3,124 3,124 0  
    COFFEE TABLE - 42" X 16" 120 120 0  
    CONFERENCE CHAIRS (16) 5,280 5,280 0  
    CONFERENCE TABLE (6) 4,362 4,362 0  
    CREDENZA 1,026 1,026 0  
    DELL 19" FLAT PANEL MONITOR 195 195 0  
    DELL LAPTOP 691 552 139 139
    DESK 550 550 0  
    ERGON SWIVEL CHAIRS (3) 1,860 1,860 0  
    FILING CABINET METAL (6) 1,280 1,280 0  
    FLOOR LAMP 310 310 0  
    HP BUSINESS 23" MONITOR 149 60 89 89
    HP LASERJET PRO 400 PRINTER 424 424 0  
    HP PROBOOK 450 G4 15" SCREEN LAPTOP 855 342 513 513
    HP PROBOOK 450 G4 15" SCREEN LAPTOP 855 342 513 513
    HP PROBOOK 640 G3 14 NOTEBOOK 1,019 408 611 611
    HP ULTRASLIM DOCK 2013 FOR NOTEBOOK 179 72 107 107
    IKEA RADVIKEN CHAIR 179 36 143 143
    L-SHAPED DESK 756 756 0  
    METAL FILING CABINET - 28" X 42" 270 270 0  
    MICROWAVE OVEN 90 90 0  
    OIL PORTRAIT OF ETHEL DONAGHUE 800 0 800 800
    PENDANT LAMP (DESIGN WITHIN REACH) 345 138 207 207
    PICTURES 132 132 0  
    PICTURES 1,320 1,320 0  
    PILLOWS 480 96 384 384
    REFRIGERATOR 1,301 1,301 0  
    ROUND END TABLE, MAPLE TOP ROOM + BOARD 409 82 327 327
    SERVER - COMPUTER 3,999 3,999 0  
    SIDE TABLE 970 194 776 776
    STANDING DESK EQUIPMENT 1,372 685 687 687
    TELEPHONE EQUIPMENT 2,430 2,430 0  
    WALL SHELVES (BLU DOT) 299 120 179 179
    WOOD BOOKCASE - 49" X 29" 450 450 0  
    WOOD BOOKCASE - 3' X 4' 270 270 0  
    WOOD CREDENZA - 6' X 29" 550 550 0  
    WOOD FILING CABINET - 3' X 29.5" 390 390 0  


    TY 2018 LegalFeesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 6,181 0 0 6,181


    TY 2018 OtherExpensesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 94 0 0 94
    POSTAGE 1,629 0 0 1,629
    MISCELLANEOUS 14,397 0 0 14,397
    DUES 8,700 0 0 8,700
    SUPPLIES 713 0 0 713
    TELEPHONE 4,132 0 0 4,132
    COMPUTER MAINTENANCE 7,333 0 0 7,333


    TY 2018 OtherIncreasesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Description Amount
    COST BASIS ADJUSTMENTS 44,542


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESMENT FEES 62,414 62,414 0 0
    OTHER PROFESSIONAL FEES 39,525 0 0 39,525


    TY 2018 TaxesSchedule
    Name:
    THE PATRICK AND CATHERINE WELDON
     
    DONAGHUE MEDICAL RESEARCH FOUNDATION
    EIN:
    06-6348275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 10,000 0 0 0
    FOREIGN TAXES 44,066 44,066 0 0