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 LULING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)523 MULBERRY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LULING, TX78648
A Employer identification number

74-1143102
B Telephone number (see instructions)

(830) 875-2438
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$14,708,923J 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) 3,255
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 41,831 41,831 41,831
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 136,907
b Gross sales price for all assets on line 6a 381,030
7 Capital gain net income (from Part IV, line 2)... 136,907
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)....... Click to see attachment 801,562 91,502 801,562
12 Total. Add lines 1 through 11........ 983,555 270,240 843,393
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 101,000 20,200 34,209 46,591
14 Other employee salaries and wages...... 83,067   69,483 13,584
15 Pension plans, employee benefits....... 26,202 2,876 19,512 3,814
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,800 2,760 9,235 1,805
c Other professional fees (attach schedule)....        
17 Interest............... 9,460   7,913 1,547
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,399 3,399    
19 Depreciation (attach schedule) and depletion... Click to see attachment 236,522 8,363 197,922
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 501,802 18,400 404,353 79,049
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 975,252 55,998 742,627 146,390
25 Contributions, gifts, grants paid....... 33,200 33,200
26 Total expenses and disbursements. Add lines 24 and 25 1,008,452 55,998 742,627 179,590
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -24,897
b Net investment income (if negative, enter -0-) 214,242
c Adjusted net income (if negative, enter -0-)... 100,766
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............. 3,249 82,076 82,076
2 Savings and temporary cash investments......... 7,435 83,445 83,445
3 Accounts receivable bullet12,417
Less: allowance for doubtful accounts bullet   5,600 12,417 12,417
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.............. 1,265 1,265 1,265
9 Prepaid expenses and deferred charges.......... 20,269 17,833 17,833
10a Investments—U.S. and state government obligations (attach schedule) 47 Click to see attachment39 39
b Investments—corporate stock (attach schedule)....... 253,003 Click to see attachment189,402 189,402
c Investments—corporate bonds (attach schedule)....... 52,200 Click to see attachment52,069 52,069
11 Investments—land, buildings, and equipment: basis bullet501,310
Less: accumulated depreciation (attach schedule) bullet   501,310 Click to see attachment501,310 1,261,775
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,784,748 Click to see attachment1,565,425 1,657,587
14 Land, buildings, and equipment: basis bullet3,912,799
Less: accumulated depreciation (attach schedule) bullet1,625,440 2,520,631 Click to see attachment2,287,359 11,351,015
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,149,757 4,792,640 14,708,923
Liabilities 17 Accounts payable and accrued expenses.......... 43,085 13,593
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 189,200 Click to see attachment165,963
22 Other liabilities (describe bullet) Click to see attachment1,590 Click to see attachment684
23 Total liabilities (add lines 17 through 22)......... 233,875 180,240
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 4,695,382 4,414,825
25 Temporarily restricted............... 220,500 197,575
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 4,915,882 4,612,400
31 Total liabilities and net assets/fund balances (see instructions). 5,149,757 4,792,640
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,915,882
2
Enter amount from Part I, line 27a .....................
2
-24,897
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3
4
Add lines 1, 2, and 3 ..........................
4
4,890,988
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
278,588
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,612,400
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
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 307,709   240,000 67,709
b 3,218   4,123 -905
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       67,709
b       -905
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 2 136,907
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 638,568 3,379,580 0.188949
2016 917,053 2,491,810 0.368027
2015 846,152 2,563,459 0.330082
2014 667,764 2,481,268 0.269122
2013 612,882 2,364,623 0.259188
2
Total of line 1, column (d) .....................
2
1.415368
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
0.283074
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,421,520
5
Multiply line 4 by line 3......................
5
968,543
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,142
7
Add lines 5 and 6........................
7
970,685
8
Enter qualifying distributions from Part XII, line 4,.............
8
182,840
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 4,285
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 4,285
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 4,285
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,609
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,457
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,066
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 10 781
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet781 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)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    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.LULINGFOUNDATION.ORG
    14
    The books are in care ofbulletBONNIE DREDLA Telephone no.bullet (830) 875-2438

    Located atbullet523 MULBERRYLULINGTX ZIP+4bullet78648
    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
     
     
    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
    BONNIE DREDLA OFFICE MANAG
    000.00     		39,000 0 0
    523 MULBERRY
    LULING,TX78648
    MICHAEL KUCK MANAGER
    000.00     		62,000 0 0
    523 S MULBERRY
    LULING,TX78648
    BILLY RAY BUCKNER DIRECTOR AT
    000.00     		0 0 0
    5484 E FM 20
    LOCKHART,TX78644
    GARY DICKENSON DIRECTOR
    000.00     		0 0 0
    5211 SEAWILLOW RD
    LOCKHART,TX78644
    MITCHELL HARDCASTLE DIRECTOR
    000.00     		0 0 0
    1131 W COUNTY ROAD 271
    GONZALES,TX78629
    RANDALL HERZOG DIRECTOR
    000.00     		0 0 0
    1121 LINK RD
    SEGUIN,TX78155
    CRAIG HINES DIRECTOR
    000.00     		0 0 0
    5783 FM 1116
    GONZALES,TX78629
    BILL JONES DIRECTOR
    000.00     		0 0 0
    15607 ALT 90
    KINGSBURY,TX78638
    ALTON WILLIAMS DIRECTOR
    000.00     		0 0 0
    627 HARWOOD RD
    LULING,TX78648
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 AGRICULTURAL DEMONSTRATION ON LIVESTOCK AND CROPS. 875,995
    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 N/A  
    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
    1,981,557
    b
    Average of monthly cash balances.......................
    1b
    123,095
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,368,972
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,473,624
    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
    3,473,624
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,104
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,421,520
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    171,076
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    179,590
    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
    3,250
    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
    182,840
    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
    182,840
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 182,840
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 182,840
    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 5 182,840
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    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
    100,766 135,573     236,339
    b 85% of line 2a ......... 85,651 115,237     200,888
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		182,840 638,568 917,053 847,504 2,585,965
    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 ....     		182,840 638,568 917,053 847,504 2,585,965
    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...     		114,051 112,653 83,061 85,449 395,214
    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:
    BONNIE DREDLA
    523 S MULBERRY AVE
    LULING,TX78648
    (830) 875-2438
    LULINGFOUNDATION@SBCGLOBAL.NET
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD FOLLOW THE PRESCRIBED FORMAT AND INCLUDE REQUIRED CONTENTS AS OUTLINED ON THE FOUNDATION'S WEBSITE AT WWW.LULINGFOUNDATION.ORG/SCHOLARSHIPS/SCHOLARSHIPS.
    cAny submission deadlines:
    SCHOLARSHIPS ARE REQUIRED TO BE SUBMITTED BY MARCH 31ST OF THE APPLICATION YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIPS RANGE FROM 1,000 TO 2,000. THEY ARE LIMITED TO HIGH SCHOOL STUDENTS RESIDING IN THE TEXAS COUNTIES OF CALDWELL, GONZALES, OR GUADALUPE. THE APPLICANT MUST BE ATTENDING A TEXAS UNIVERSITY/SCHOOL AND MUST BE PURSUING A DEGREE IN HEALTHCARE, AGRICULTURE, OR TRADE/VOCATIONAL EDUCATION.
    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
    MORGAN MASON
    7292 COUNTY RD 239
    GONZALES,TX78629     		  I SCHOLARSHIP 1,000
    PAIGE GLASS
    7438 FM 754
    GONZALES,TX78629     		  I SCHOLARSHIP 1,000
    MCKADE KRENZ
    5565 OLD MCMAHN RD
    LOCKHART,TX78644     		  I SCHOLARSHIP 1,000
    MORGAN KUNDE
    106 TWIN OAK RD
    SEGUIN,TX78155     		  I SCHOLARSHIP 1,000
    MADISON RODGERS
    125 PARCHED CREEK CROSS
    LOCKHART,TX78644     		  I SCHOLARSHIP 1,000
    LUCAS HASKINS
    475 JACKSON RD
    KINGSBURY,TX78638     		  I SCHOLARSHIP 1,000
    ELIJAH MOSS
    297 PAINTBRUSH TRAIL
    LOCKHART,TX78644     		  I SCHOLARSHIP 1,000
    MAKAYLA DAILEY
    PO BOX 696
    LOCKHART,TX78644     		  I SCHOLARSHIP 1,000
    LYNNSE CARAWAY
    163 HARGUES LN
    LULING,TX78648     		  I SCHOLARSHIP 1,000
    BROCK ANDREWS
    121 NOGAL
    SEGUIN,TX78155     		  I SCHOLARSHIP 1,000
    KE'SHAYA MONIQUE MOORE
    PO BOX 594
    WAELDER,TX78959     		  I SCHOLARSHIP 1,000
    SCOTT HELLER
    PO BOX 253
    KINGSBURY,TX78638     		  I SCHOLARSHIP 1,000
    CHELSEA SESTAK
    3072 SADDLEHORN DR
    SEGUIN,TX78155     		  I SCHOLARSHIP 1,000
    CULLEN EPPRIGHT
    1035 COUNTY ROAD 112
    COST,TX78614     		  I SCHOLARSHIP 1,000
    NICHOLAS FULBRIGHT
    4616 SILVERTON
    SCHERTZ,TX78154     		  I SCHOLARSHIP 1,000
    KEATON GLASS
    1241 CR 343
    GONZALES,TX78629     		  I SCHOLARSHIP 1,000
    RITA COLE
    633 CIBILO ST
    LOCKHART,TX78644     		  I SCHOLARSHIP 1,000
    CALDWELL COUNTY A&M CLUB
    PO BOX 851
    LOCKHART,TX78644     		  PC CONTRIBUTION 50
    LOCKHART 4-H CLUB
    1403 BLACKJACK ST STE B
    LOCKHART,TX78644     		  PC CONTRIBUTION 1,000
    TEXAS A&M AGRILIFE EXTENSION
    PO BOX 10420
    COLLEGE STATION,TX778432147     		  PC CONTRIBUTION 15,000
    EVANGELIST LUTHERAN CHURCH
    919 W SAN ANTONIO ST
    LOCKHART,TX78644     		  PC CONTRIBUTION 150
    Total .................................bullet 3a 33,200
    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
    aDEMO FARM         665,160
    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 41,831  
    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.....     16 91,502  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 70,103 66,804
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFIELD DAY INCOME     		        6,600
    bWATER SALES         38,300
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   203,436 776,864
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    980,300
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A AGRICULTURAL DEMONSTRATION ON LIVESTOCK & CROPS.
    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 LULING FOUNDATION
    EIN:
    74-1143102
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 2,760 2,760    
    DEMO FARM 11,040   9,235 1,805

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

    TY 2018 DepreciationSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    GRAIN BIN AUGER 1989-02-28 2,631 2,631 S/L 5.0000        
    358 NH GRINDER 1996-05-31 8,900 8,900 S/L 5.0000        
    16' BULK FEEDER 2005-03-04 2,050 2,050 S/L 7.0000        
    OVERHEAD BIN FOR CUBES 2005-09-06 3,000 3,000 S/L 7.0000        
    TANDEM AXLE BULK FEEDER 2005-11-04 2,450 2,450 S/L 7.0000        
    WELDER 1980-03-26 319 319 S/L 5.0000        
    PORTABLE SCALE 1982-06-30 509 509 S/L 5.0000        
    TIRE CHANGER 1987-08-01 750 750 S/L 5.0000        
    JD OFFSET 1972-01-01 1,500 1,500 S/L 5.0000        
    REPAIRS TO OFFSET 1985-02-01 617 617 S/L 5.0000        
    FERTILIZER SPREADER 1973-11-23 952 952 S/L 5.0000        
    DISC HARROW TAILORWAY 1974-10-30 2,061 2,061 S/L 5.0000        
    CONTINENTAL 315 GAL SPRAYER 1974-10-30 729 729 S/L 5.0000        
    SQUEEZE CHUTE 1978-11-03 927 927 S/L 5.0000        
    GRAHAM CHISEL PLOW 1979-01-31 1,808 1,808 S/L 5.0000        
    4 ROW WICK APPLICATOR 1979-10-07 600 600 S/L 5.0000        
    WELDER 1982-12-01 1,295 1,295 S/L 5.0000        
    DIESEL TANK 1983-06-01 150 150 S/L 5.0000        
    JD 347 WIRE BALER 1984-05-01 9,496 9,496 S/L 5.0000        
    FIELD CULTIVATOR 1984-02-01 675 675 S/L 5.0000        
    LOWBOY TRAILER 1986-07-01 500 500 S/L 5.0000        
    CATTLE CHUTE 1986-11-01 693 693 S/L 5.0000        
    DEVICE FOR ROUND BALER 1987-02-01 495 495 S/L 5.0000        
    JD 535 RD BALER W/ ATTACH 1990-07-01 17,800 17,800 S/L 5.0000        
    MATOR REPAIR JD 535 BALER 2000-08-12 2,477 2,477 S/L 5.0000        
    GRAIN DRILL 2003-04-28 5,000 5,000 S/L 7.0000        
    CUTTER 2003-10-24 677 677 S/L 7.0000        
    POST DRIVER 2003-07-03 1,750 1,750 S/L 7.0000        
    7FT BLADE 2004-08-13 2,042 2,042 S/L 7.0000        
    AIR COMPRESSOR 2005-05-15 390 390 S/L 7.0000        
    ELECTRIC FENCE CHARGE 2005-07-06 698 698 S/L 7.0000        
    24 FT TRAILER 2006-02-09 7,910 7,910 S/L 7.0000        
    1000 GAL WATER TANK 2006-04-07 570 570 S/L 7.0000        
    MISC EQUIPMENT 2006-05-26 6,330 6,330 S/L 7.0000        
    3 PT HITCH HAY UNROLLER 2006-12-28 550 550 S/L 7.0000        
    SPRAYER 2008-10-09 3,250 3,250 S/L 7.0000        
    HAY TEDDER 2010-07-06 4,900 4,900 S/L 7.0000        
    JD 7300 MAX 6 ROW PLANTER 2011-03-30 7,900 7,336 S/L 7.0000 564   472  
    MOHAWK 60 TILLER 2011-03-30 1,600 1,486 S/L 7.0000 114   95  
    BBQ PIT 2011-12-31 2,200 2,043 S/L 7.0000 157   131  
    BOBCAT SKID STEER LOADER 2012-02-22 29,651 21,179 S/L 7.0000 4,236   3,544  
    TREE SHEAR & TANK 2012-04-06 6,100 4,357 S/L 7.0000 872   729  
    20 FT LOWBOY TRAILER 2012-04-27 5,542 3,959 S/L 7.0000 791   662  
    84 IN. ROOT GRAPPLE 2012-04-30 2,950 2,107 S/L 7.0000 422   353  
    HAY RAKE 2012-10-11 4,500 3,214 S/L 7.0000 643   538  
    KUBOTA UTV 2014-08-28 14,515 7,258 S/L 7.0000 2,073   1,734  
    KUBOTA MOWER 2015-02-03 7,211 2,575 S/L 7.0000 1,030   861  
    6 HAY SAVER RINGS 2015-03-08 5,040 1,800 S/L 7.0000 720   602  
    2015 HONDA RANCHER 4 WHEELER 2015-03-20 4,942 2,471 S/L 5.0000 988   827  
    TN 800 VERMEER HAY CUTTER 2015-06-03 15,700 5,607 S/L 7.0000 2,243   1,876  
    2015 HONDA RANCHER 4 WHEELER 2015-03-20 5,460 2,730 S/L 5.0000 1,092   914  
    4155 RHINO SHREDDER 2015-07-29 16,500 5,893 S/L 7.0000 2,357   1,971  
    13FT CHAIN HARROW 2015-12-11 1,341 479 S/L 7.0000 191   160  
    CASE L755 LOADER 2016-03-21 4,524 969 S/L 7.0000 647   541  
    UTV SINGLE CALF CATCHER 2016-08-25 3,672 787 S/L 7.0000 524   438  
    JD 6110 TRACTOR (SN 802239) 2000-07-03 24,950 24,950 S/L 7.0000        
    CASE MAXUM 150 2016-03-21 102,396 21,942 S/L 7.0000 14,628   12,236  
    CASE MAXUM 125 2016-03-21 88,364 18,935 S/L 7.0000 12,624   10,560  
    OK FEEDER 2002-08-09 1,550 1,201 S/L 20.0000 78   65  
    3 CREEP FEEDERS 2006-05-08 2,374 2,374 S/L 7.0000        
    2500 CUBE FEEDER 2017-07-07 3,000 214 S/L 7.0000 429   359  
    10 FEED TROUGHS 2017-08-09 2,120 177 S/L 5.0000 424   355  
    RTV900XRA CAMO UTV C1606-HAM 2017-09-29 7,033 352 S/L 5.0000 1,406   1,176  
    GRAIN BIN-SOUTHWEST FABRICATORS 2017-10-30 9,700 162 S/L 10.0000 970   811  
    ECONOMY ANIMAL SCALE 2017-11-15 2,188 73 S/L 5.0000 438   366  
    FENCES 1980-06-13 904 814 S/L 20.0000        
    FENCES 1980-06-20 2,414 2,173 S/L 20.0000        
    FENCES 1980-07-01 886 797 S/L 20.0000        
    CONTRACT 1980-09-30 5,715 5,143 S/L 20.0000        
    FENCES 1980-10-03 894 805 S/L 20.0000        
    FENCES 1980-07-15 1,748 1,573 S/L 20.0000        
    WIRE POST 1980-08-26 1,609 1,448 S/L 20.0000        
    PIPE FOR FENCING 1980-04-17 2,358 2,100 S/L 10.0000        
    FENCE AND PENS 1978-12-31 2,300 2,070 S/L 10.0000        
    FENCE POST 1983-03-01 1,150 1,150 S/L 10.0000        
    ELECTRIC FENCE 1984-06-01 538 538 S/L 10.0000        
    8X18 CATTLE GUARD 1985-03-01 1,081 1,081 S/L 10.0000        
    GOAT FENCES AND PENS 1997-10-02 6,240 6,240 S/L 20.0000        
    UPPER COX PENS 1999-10-01 16,368 14,936 S/L 20.0000 819   685  
    HWY 90 FENCE 11808 FT 2000-05-22 16,545 14,546 S/L 20.0000 827   692  
    ELECTRIC FENCE 2002-03-22 2,625 2,625 S/L 10.0000        
    CLEARING + GRADINGS 1941-01-01 20,230 18,207 S/L 20.0000        
    CLEARING + GRADINGS 1949-12-03 560 504 S/L 20.0000        
    CLEARING + GRADINGS 1980-04-30 1,803 1,622 S/L 20.0000        
    CLEARING + GRADINGS 1951-05-21 80 72 S/L 20.0000        
    CLEARING + GRADINGS 1952-06-10 111 100 S/L 20.0000        
    CLEARING + GRADINGS 1992-11-15 441 397 S/L 20.0000        
    CLEARING + GRADINGS 1965-10-19 145 131 S/L 20.0000        
    CLEARING + GRADINGS 1966-01-01 647 582 S/L 20.0000        
    CLEARING + GRADINGS 1969-03-10 670 600 S/L 20.0000        
    CLEARING + GRADINGS 1969-05-29 771 700 S/L 20.0000        
    GRAVEL FOR ROADS 1985-06-01 840 840 S/L 10.0000        
    OFFICE DRIVE PAVING 1985-10-01 539 539 S/L 10.0000        
    SPRIGGING AND FERTILIZER 1986-03-01 1,139 1,139 S/L 20.0000        
    TERRACING 1941-01-01 1,996 1,797 S/L 5.0000        
    PECAN GROVE 1941-01-01 17,121 15,409 S/L 5.0000        
    ADDITION 1959-01-01 141 125 S/L 10.0000        
    GAS LINE REPAIRS 1987-02-01 4,754 4,754 S/L 20.0000        
    VARIOUS LINES AND FACIL 1941-01-01 7,145 6,430 S/L 10.0000        
    VARIOUS LINES AND FACIL 1948-01-01 586 525 S/L 10.0000        
    VARIOUS LINES AND FACIL 1949-01-01 818 735 S/L 10.0000        
    VARIOUS LINES AND FACIL 1950-01-01 2,446 2,200 S/L 10.0000        
    VARIOUS LINES AND FACIL 1951-01-01 3,002 2,700 S/L 10.0000        
    VARIOUS LINES AND FACIL 1952-01-01 1,539 1,385 S/L 10.0000        
    PUMP TANK PVC 1978-08-01 1,630 1,467 S/L 10.0000        
    COX PLACE 1978-09-07 319 287 S/L 10.0000        
    PUMP WELL 1980-12-19 6,132 5,500 S/L 10.0000        
    PIPE 1980-12-29 431 387 S/L 10.0000        
    CONCRETE 1980-12-19 271 250 S/L 20.0000        
    SEARS JET PUMP 1982-03-01 125 125 S/L 5.0000        
    IRRIGATION PUMP 1984-10-01 3,074 3,074 S/L 5.0000        
    WATER WELL 1985-04-01 1,590 1,590 S/L 10.0000        
    REPAIRS-WATER WELL 1989-04-01 710 710 S/L 5.0000        
    SOLAR POWERED WELL-WEST END 2009-06-25 15,009 12,758 S/L 10.0000 1,501   1,256  
    VARIOUS 1941-01-01 1,758 1,580 S/L 5.0000        
    VARIOUS 1945-01-01 235 210 S/L 5.0000        
    VARIOUS 1954-01-01 285 255 S/L 5.0000        
    LINES AND LABOR 1976-02-04 740 666 S/L 5.0000        
    LOT 122 DONER & LOT 188 OPN HEIF (2) 2012-03-06 7,000 7,000 S/L 5.0000        
    9 COWS (T) (SC) 2012-06-30 9,000 9,000 S/L 5.0000        
    BRANGUS HEIFERS (20) 2013-06-20 17,000 15,300 S/L 5.0000 1,700   1,422  
    ANGUS COWS (T) (44) 2013-06-30 44,000 39,600 S/L 5.0000 4,400   3,680  
    COMMERICAL COWS (T) (26) 2013-06-30 26,000 23,400 S/L 5.0000 2,600   2,175  
    BRANGUS HEIFERS (10) 2013-07-29 8,500 7,650 S/L 5.0000 850   711  
    ANGUS COWS (T) (70) 2014-06-30 70,000 47,833 S/L 5.0000 14,000   11,711  
    COMMERICAL COWS (T) (7) 2014-06-30 7,000 4,700 S/L 5.0000 1,400   1,171  
    EMBRYO HEIFER 508 & 586 2014-07-17 2,663 1,864 S/L 5.0000 532   445  
    LOT 13 COW 2014-10-24 10,500 7,350 S/L 5.0000 2,100   1,756  
    1/2 INT DONOR COW LOT 477 2015-04-08 21,375 8,550 S/L 5.0000 4,275   3,576  
    3 DONOR COWS 5015; 5012; 5090 2015-10-16 105,000 42,000 S/L 5.0000 21,000   17,566  
    63 CM COWS (T) (63) 2015-06-30 63,000 25,200 S/L 5.0000 12,600   10,540  
    52 ANGUS COWS (T) (52) 2015-06-30 52,000 20,800 S/L 5.0000 10,400   8,699  
    BULL 23 2014-04-05 10,000 7,000 S/L 5.0000 2,000   1,673  
    BULL (T) 2014-06-30 1,500 1,050 S/L 5.0000 300   251  
    BULL 3050 2015-03-20 9,250 3,854 S/L 6.0000 1,542   1,289  
    2 BULLS LOT 149 & 153 2015-09-03 44,500 23,600 S/L 5.0000 8,900   7,445  
    2 HEREFORD BULLS 2016-11-09 6,500 1,950 S/L 5.0000 1,300   1,087  
    LOT 46-44 FARMS REG18724916 2017-10-28 8,500 283 S/L 5.0000 1,700   1,422  
    BARBER HEREFORD BULL-LOT 26 2017-11-08 4,000 133 S/L 5.0000 800   670  
    HEREFORD 6S50 2017-12-14 4,000 67 S/L 5.0000 800   669  
    155 COWS 2017-11-20 176,700 2,945 S/L 5.0000 35,340   29,561  
    5 BULLS 2017-11-20 12,500 208 S/L 5.0000 2,500   2,091  
    HEREFORD BULL E070 LOT 8 2018-11-16 3,250   S/L 5.0000 54   45  
    3 UPHOLSTER BENCHES 1957-01-01 88 80 S/L 5.0000        
    WHIRLPOOL REFRIGERATOR 2015-07-02 1,008 360 S/L 7.0000 144   144  
    68 CHEVY C50 DUMP TRUCK 1988-06-01 755 755 S/L 5.0000        
    01' FORD 2002-01-04 34,186 34,186 S/L 5.0000        
    2004 FORD F-250 2004-10-06 21,236 21,236 S/L 5.0000        
    2012 FORD F-150 2012-07-13 25,267 25,267 S/L 5.0000        
    2016 CHEVY SILVERADO 2016-04-01 41,874 12,562 S/L 5.0000 8,375   8,375  
    METAL QUONSET HUT 1946-01-01 9,026 8,100 S/L 5.0000        
    WEST END HOUSE IMPROV 1978-01-01 8,836 7,953 S/L 5.0000        
    OFFICE IMPROV 1978-01-01 115 104 S/L 5.0000        
    OFFICE IMPROV 1979-01-01 4,284 3,856 S/L 5.0000        
    WEST END HOUSE IMPROV 1979-01-01 426 383 S/L 5.0000        
    WEST END HOUSE 1979-01-01 608 547 S/L 5.0000        
    OFFICE IMPROV 1980-10-01 93 84 S/L 5.0000        
    BULL TEST FEEDLOT 1980-11-01 6,442 5,802 S/L 5.0000        
    WEST END HOUSE 1980-11-01 25 22 S/L 5.0000        
    WILLIAM'S HOUSE 1981-11-01 696 696 S/L 5.0000        
    OFFICE IMPROV 1981-03-01 488 488 S/L 5.0000        
    OFFICE STORM WINDOWS 1982-04-27 1,520 1,520 S/L 5.0000        
    MULTI PURPOSE BLDG 1982-10-01 44,964 44,964 S/L 5.0000        
    OFFICE ELECT IMPROV 1982-04-01 2,031 2,031 S/L 5.0000        
    WILLIAM'S HOUSE SEWER 1982-02-01 1,123 1,123 S/L 5.0000        
    VARIOUS IMPROV 1981-04-01 4,046 4,046 S/L 5.0000        
    VARIOUS ROOFING 1981-06-01 1,587 1,587 S/L 5.0000        
    VARIOUS 1981-12-01 143 143 S/L 5.0000        
    MANAGER'S HOUSE 1983-10-01 68,356 68,356 S/L 30.0000        
    HOG BARN 1983-10-01 6,082 6,082 S/L 20.0000        
    FEEDLOT 1983-08-01 12,693 12,693 S/L 20.0000        
    VARIOUS IMPROV 1983-03-01 10,802 10,802 S/L 20.0000        
    WEST END HOUSE REMODEL 1985-08-01 35,934 35,934 S/L 20.0000        
    UTILITY BARN 1986-01-01 24,732 24,732 S/L 20.0000        
    MULTI PURPOSE BLDG-IMPROVE 1985-12-01 633 633 S/L 20.0000        
    OFFICE-ROOF REPAIRS 1986-10-01 3,126 3,126 S/L 20.0000        
    HOG BARN SLAB 1986-08-01 156 156 S/L 20.0000        
    CABINETS 1986-03-01 1,039 1,039 S/L 20.0000        
    GRAIN BIN 1987-08-01 7,189 7,189 S/L 20.0000        
    RENT HOUSE IMPROV 1988-01-01 630 630 S/L 20.0000        
    GRAIN BIN WIRING 1988-01-01 100 100 S/L 20.0000        
    GRAIN BIN SLAB 1988-08-01 1,205 1,205 S/L 20.0000        
    OFFICE IMPROV 1989-11-01 4,500 4,500 S/L 20.0000        
    NEW SEPTIC TANK 2000-04-27 1,000 1,000 S/L 15.0000        
    REFRIG & DISHWASHER 2000-09-13 1,479 1,479 S/L 7.0000        
    3.5 TON TRANE HVAC-WEST END 2001-10-09 4,795 4,795 S/L 7.0000        
    OFFICE REMODEL 2001-12-01 32,709 17,536 S/L 30.0000 1,090   1,090  
    APPLIANCES (WEST END) 2001-06-26 1,558 1,558 S/L 7.0000        
    FLOORS-GREEN HOUSE 2002-02-18 1,810 1,403 S/L 20.0000 90 90    
    INSULATION OFFICE 2002-02-28 1,210 938 S/L 20.0000 60   60  
    FEEDER SHED 2002-12-30 1,700 1,318 S/L 20.0000 85   85  
    STOVE-ADMINISTRATION 2002-02-11 363 363 S/L 7.0000        
    GREEN HOUSE IMPROV 2002-06-30 15,651 11,738 S/L 20.0000 783 783    
    RANGE; WATER HEATER; LABOR 2003-12-05 4,960 4,960 S/L 7.0000        
    WEST END HOUSE IMPROV 2003-07-28 20,904 15,155 S/L 20.0000 1,046 1,046    
    A/C; DUCTWORK & DISHWASHER-WEST 2007-03-27 7,349 7,349 S/L 10.0000        
    NEW FLOORING-WEST END 2007-03-30 2,521 1,324 S/L 20.0000 126 126    
    CATTLE PENS AND BARNS 2008-03-15 305,837 145,273 S/L 20.0000 15,292   15,292  
    RAINWATER HARV+SCALES+QUONSET BLDG 2009-01-16 7,305 2,922 S/L 20.0000 365   365  
    MANAGER'S HOUSE-FLOORING 2009-12-11 6,647 5,318 S/L 10.0000 665   665  
    WATER HEATER WE HSE 2011-01-11 367 341 S/L 7.0000 26 26    
    SEPTIC SYSTEM WE HSE 2011-04-12 5,899 1,917 S/L 20.0000 295 295    
    DISHWASHER MGR HSE 2011-04-22 499 463 S/L 7.0000 36   36  
    REFRIGERATOR MRG HSE 2011-07-15 1,095 1,017 S/L 7.0000 78   78  
    SHOW BARN IMPROVEMENTS 2012-05-29 73,902 22,171 S/L 20.0000 3,695   3,695  
    SEPTIC SYSTEM GREEN HSE 2012-09-25 4,500 1,238 S/L 20.0000 225 225    
    BIG ASS FAN 2013-08-13 7,350 4,725 S/L 7.0000 1,050   1,050  
    BARN PROJECTOR W/ SCREEN 2013-12-19 4,743 3,049 S/L 7.0000 678   678  
    A/C UNIT MANAGER'S HOUSE 2013-01-04 2,855 1,835 S/L 7.0000 408   408  
    A/C UNIT -HEADQUARTERS 2013-04-23 6,700 4,307 S/L 7.0000 957   957  
    CONCRETE SLAB SW CORNER BARN 2013-02-22 6,392 1,438 S/L 20.0000 320   320  
    HVAC OFFICE 2014-05-15 6,700 3,350 S/L 7.0000 957   957  
    FLOORING-GREEN HOUSE 2014-08-12 4,893 1,713 S/L 10.0000 489 489    
    SOUTHSIDE ADDITION 2014-11-07 42,155 7,377 S/L 20.0000 2,108   2,108  
    CATTLE PANELS 2014-03-07 18,631 9,316 S/L 7.0000 2,661   2,661  
    3.5 TON BRYANT -GREEN HSE 2015-08-11 8,350 2,982 S/L 7.0000 1,193 1,193    
    WINDOW UNIT-MGR HSE 2015-12-07 824 294 S/L 7.0000 118   118  
    40X60X14 METAL BUILDING W/DOUBLE LEAN-TOS 2017-04-10 82,347 3,088 S/L 20.0000 4,117   4,116  
    LAND-VARIOUS PARCELS 2001-01-01 1,379,541              
    PUMP & COLUMN-SAN PATRICIO 2006-04-12 21,294 11,712 S/L 20.0000 1,064 1,065    
    DRILL WATER WELL-SAN PATRICIO 2006-04-12 60,500 33,275 S/L 20.0000 3,025 3,025    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED STATEMENT 52,069 52,069

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED STATEMENT 189,402 189,402

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    US Government Securities - End of Year Book Value:

    39
    US Government Securities - End of Year Fair Market Value:

    39
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsLandSchedule2
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND-VARIOUS 501,310   501,310 1,261,775

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS-SEE ATTACHED STMT FMV 1,510,940 1,510,940
    COOP STOCK AT COST 274 274
    UNIT TRUSTS-SEE ATTACHED STMT FMV 39,176 39,176
    MINERAL INTERESTS AT COST 15,035 107,197

    TY 2018 LandEtcSchedule2
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS & EQUIPMENT 2,533,258 1,625,440 907,818  
    LAND 1,379,541   1,379,541 11,351,015


    TY 2018 MortgagesAndNotesPayableSch
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name HAM CATTLE
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 189,200
    Balance Due 165,963
    Date of Note 2018-08
    Maturity Date 2024-08
    Repayment Terms ANNUAL
    Interest Rate 0.0500
    Security Provided by Borrower BEEF CATTLE
    Purpose of Loan PURCHASE BEEF CATTLE
    Description of Lender Consideration  
    Consideration FMV  


    TY 2018 OtherDecreasesSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description Amount
    EXCISE TAX 4,285
    UNREALIZED LOSS ON INVESTMENT SECURITIES 274,303


    TY 2018 OtherExpensesSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DEMO FARM        
    CATTLE REGISTRATIONS/FEES 26,787   22,407 4,380
    FEED 227,903   190,635 37,268
    FERTILIZER 31,509   26,356 5,153
    INSECTICIDE & HERBICIDE 5,491   4,593 898
    PROGRAM COSTS 3,206   2,682 524
    SELLING EXPENSE 3,572   2,988 584
    SEED/PLANTS 5,865   4,906 959
    VETERINARY & MEDICINE 35,879   30,012 5,867
    HAULING 175   146 29
    GRASS LEASE 10,761   9,001 1,760
    CONTRACT LABOR 2,865   2,396 469
    EQUIPMENT/TOOLS/RENTALS 9,458   7,911 1,547
    WORKER'S COMPENSATION 13,012   10,884 2,128
    BONUS 6,413   5,364 1,049
    SUPPLIES 2,236   1,870 366
    AUTO EXPENSE 942   788 154
    DUES/SUBSCRIPTIONS/FEES 1,403   1,174 229
    FUEL & LUBRICANT 10,431   8,725 1,706
    INSURANCE-AUTO 1,550   1,297 253
    REPAIRS & MAINTENANCE 25,201   21,080 4,121
    UTILITIES 18,838   15,757 3,081
    SEMINARS 3,474   2,906 568
    GRANT EXPENSE 1,500   1,255 245
    MISCELLANEOUS 272   228 44
    DEMO EXPENSE 118   99 19
    PROCESSING FEE 635   531 104
    CONSULTING 323   270 53
    INSURANCE 9,635   8,059 1,576
    MARKETING 2,374   1,986 388
    OFFICE SUPPLIES 2,796   2,339 457
    HEALTH ALLOWANCE 12,960   10,841 2,119
    POSTAGE & DELIVERY 379   317 62
    REIMBURSEMENT 723   605 118
    TELEPHONE 4,716   3,945 771
    EXPENSES        
    FERTILIZER 6,242 6,242    
    HARVESTING 9,105 9,105    
    INSURANCE -10,374 -10,374    
    WORKER'S COMPENSATION 1,604 1,604    
    PAYROLL BONUS 550 550    
    OFFICE SUPPLIES 699 699    
    HEALTH ALLOWANCE 1,440 1,440    
    POSTAGE & DELIVERY 95 95    
    TELEPHONE 1,179 1,179    
    REIMBURSEMENT 40 40    
    REPAIRS & MAINTENANCE-RENTAL 987 987    
    INVESTMENT EXPENSE 5,488 5,488    
    ROYALTY EXPENSE 1,345 1,345    


    TY 2018 OtherIncomeSchedule2
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LEASE BONUS 3,244 3,244 3,244
    CROP SHARE 40,443 40,443 40,443
    RENT 14,900 14,900 14,900
    FSA/USDA 11,529 11,529 11,529
    ROYALTY 21,386 21,386 21,386
    DEMO FARM 665,160   665,160
    FIELD DAY INCOME 6,600   6,600
    WATER SALES 38,300   38,300


    TY 2018 OtherIncreasesSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description Amount
    ROUNDING 3


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 1,590 676
    PAYROLL TAXES PAYABLE   8


    TY 2018 TaxesSchedule
    Name:
    THE LULING FOUNDATION
    EIN:
    74-1143102
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AD VALOREM 3,399 3,399