Form990-PF
Click to see list of attachments

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
CHRISTY-HOUSTON FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1296 DOW STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MURFREESBORO, TN37130
A Employer identification number

62-1280998
B Telephone number (see instructions)

(615) 898-1140
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$84,279,249J 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) 20,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 13,387 13,387  
4 Dividends and interest from securities... 1,607,701 1,607,701  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,354,080
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 1,354,080
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 -583,288 -583,288  
12 Total. Add lines 1 through 11........ 2,411,880 2,391,880  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 329,542 12,667   316,875
14 Other employee salaries and wages...... 63,242 6,324   56,918
15 Pension plans, employee benefits....... 27,867 2,787   25,080
16a Legal fees (attach schedule)......... Click to see attachment 1,700     1,700
b Accounting fees (attach schedule)....... Click to see attachment 23,325 10,687   12,638
c Other professional fees (attach schedule).... Click to see attachment 321,792 321,792    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,957 19,957    
19 Depreciation (attach schedule) and depletion... Click to see attachment 10,494 10,494  
20 Occupancy.............. 19,023 1,902   17,121
21 Travel, conferences, and meetings....... 27,115 4,067   23,048
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 58,983 5,489   53,494
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 903,040 396,166   506,874
25 Contributions, gifts, grants paid....... 4,225,903 4,225,903
26 Total expenses and disbursements. Add lines 24 and 25 5,128,943 396,166   4,732,777
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,717,063
b Net investment income (if negative, enter -0-) 1,995,714
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 195,037 376,572 376,572
2 Savings and temporary cash investments......... 498,208 662,702 662,702
3 Accounts receivable bullet1,112
Less: allowance for doubtful accounts bullet   1,297 1,112 1,112
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.......... 182,323 162,366 172,189
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 83,096,125 80,043,351 82,591,174
14 Land, buildings, and equipment: basis bullet512,068
Less: accumulated depreciation (attach schedule) bullet290,898 212,321 Click to see attachment221,170 475,000
15 Other assets (describe bullet) Click to see attachment500 Click to see attachment500 Click to see attachment500
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 84,185,811 81,467,773 84,279,249
Liabilities 17 Accounts payable and accrued expenses.......... 77,100 76,125
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)......... 77,100 76,125
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.................. 84,108,711 81,391,648
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 84,108,711 81,391,648
31 Total liabilities and net assets/fund balances (see instructions). 84,185,811 81,467,773
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
84,108,711
2
Enter amount from Part I, line 27a .....................
2
-2,717,063
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
81,391,648
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
81,391,648
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,354,080
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 4,151,123 90,852,806 0.04569
2016 4,494,377 83,798,005 0.05363
2015 4,487,486 91,452,357 0.04907
2014 4,455,100 94,402,877 0.04719
2013 4,099,415 90,635,070 0.04523
2
Total of line 1, column (d) .....................
2
0.240815
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
0.048163
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
91,665,405
5
Multiply line 4 by line 3......................
5
4,414,881
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
19,957
7
Add lines 5 and 6........................
7
4,434,838
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,732,777
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 19,957
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 19,957
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 19,957
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 182,323
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 182,323
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 162,366
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet162,366 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
 
No
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)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletANNE C DAVIS PRESIDENT Telephone no.bullet (615) 898-1140

    Located atbullet1296 DOW STMURFREESBOROTN ZIP+4bullet37130
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ANNE C DAVIS President
    36.00     		126,667 4,132  
    1296 DOW STREET
    MURFREESBORO,TN37130
    HENRY KING BUTLER MD DIR. EMERITUS
    0.00     		0 5,220  
    511 COUNCIL BLUFF PARKWAY
    MURFREESBORO,TN37127
    HUBERT L MCCULLOUGH JR DIR. EMERITUS
    0.00     		0 6,390  
    2555 SALEM ROAD
    MURFREESBORO,TN37129
    ED ELAM DIR. EMERITUS
    0.00     		0 2,674  
    3302 ELAM ROAD
    MURFREESBORO,TN37130
    GRANVILLE S R BOULDIN DIR. EMERITUS
    0.00     		0 6,260  
    1911 WINDSOR COURT
    MURFREESBORO,TN37130
    MARK FOLLIS Director
    1.00     		1,450 2,000  
    630 S CHURCH ST
    MURFREESBORO,TN37130
    LARRY N HAYNES DIR. EMERITUS
    0.00     		0 5,775  
    1603 RIVERVIEW DRIVE
    MURFREESBORO,TN37129
    WIDOWS OF DIRECTORS EMERITUS President
    0.00     		0    
    1296 DOW ST
    MURFREESBORO,TN37130
    MICHAEL JORDAN MD Director
    1.00     		1,250 2,000  
    1702 SHAGBARK TRAIL
    MURFREESBORO,TN37130
    EDWARD E MILLER JR DIR. EMERITUS
    0.00     		0    
    1618 HAYNES DRIVE
    MURFREESBORO,TN37129
    G SUMNER R BOULDIN JR Director
    1.00     		1,450 2,000  
    1627 SE BROAD ST
    MURFREESBORO,TN37130
    MYERS B PARSONS DIR. EMERITUS
    0.00     		0 6,688  
    926 EAST MAIN STREET
    MURFREESBORO,TN37130
    ROBERT B MIFFLIN FORMER PRESIDEN
    0.00     		36,000 2,832  
    1117 GOLD VALLEY DRIVE
    MURFREESBORO,TN37130
    JAMES R ARNHART FORMER PRESIDEN
    0.00     		54,000 3,343  
    2516 SOUTH JEFFERSON
    ROANOKE,VA24014
    ED C LOUGHRY JR Director
    0.00     		0 5,858  
    2645 CHESTERFIELD CT
    MURFREESBORO,TN37129
    DAVID C DAVIS DIR. EMERITUS
    0.00     		0 5,220  
    1523 VERANDA CIRCLE
    MURFREESBORO,TN37130
    HUBERT L MCCULLOUGH III DIRECTOR
    1.00     		1,450 2,000  
    1408 W NORTHFIELD BLVD
    MURFREESBORO,TN37129
    NEWTON F MOLLOY DIRECTOR
    1.00     		1,650 6,837  
    2226 NORTHWOODS DRIVE
    MURFREESBORO,TN37130
    GEORGE W WHITE DIRECTOR
    1.00     		1,750 6,768  
    506 EAST MAIN STREET
    MURFREESBORO,TN37130
    THOMAS E HORD III DIR. EMERITUS
    0.00     		0 4,996  
    124 NORTH HIGHLAND AVE
    MURFREESBORO,TN37130
    WILLIAM S JONES CHAIRMAN
    1.00     		2,150 2,000  
    2806 WINDSONG PLACE
    MURFREESBORO,TN37129
    H DAVIS YOUNG III DIRECTOR
    1.00     		1,750 2,000  
    2256 OAKLEIGH DRIVE
    MURFREESBORO,TN37129
    PAMELA KIOUS Director
    1.00     		1,650 2,000  
    1115 GLASCOW DRIVE
    MURFREESBORO,TN37130
    ROBERT M USSERY Director
    1.00     		0 2,000  
    2508 BELFAST COURT
    MURFREESBOR,TN37129
    WIDOWS OF DIRECTORS EMERITUS DIRECTOR WIDOWS
    0.00     		0 9,332  
    1296 DOW ST
    MURFREESBORO,TN37130
    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
    DEBORAH L TILLER ADMIN MANAGER
    36.00     		63,242 1,550  
    312 ROSEMARY ST
    SMYRNA,TN37167
    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
    TAYLORWEBSTER ATTORNEYS ATTORNEYS 1,700
    100 WINNERS CIRCLE N
    BRENTWOOD,TN37027
    PINNACLE NATIONAL BANK SECURITIES CUSTODIAN 1,292
    BOX 188
    MURFREESBORO,TN371330188
    HALL DAVIDSON & ASSOCIATES CPAS PC ACCOUNTANTS 21,850
    BOX 1234
    MURFREESBORO,TN371331234
    ALPHA CAPITAL MANAGEMENT INVESTMENT ADVISOR 40,000
    3630 PEACHTREE ST NE
    ATLANTA,GA30326
    MANGHAM ASSOCIATES INC INVESTMENT ADVISOR 280,500
    630 PETER JEFFERSON PKWY SUITE 250
    CHARLOTTESVILLE,VA22911
    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 NOT APPLICABLE - THE FOUNDATION ONLY MAKES GRANTS TO OTHERQUALIFYING CHARITABLE ORGANIZATIONS OR GOVERNMENTAL UNITSFOR USE IN OR FOR THE BENEFIT OF CITIZENS OF RUTHERFORD COUNTY, TENNESSEE. 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.........................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
    92,400,376
    b
    Average of monthly cash balances.......................
    1b
    256,956
    c
    Fair market value of all other assets (see instructions)................
    1c
    403,993
    d
    Total (add lines 1a, b, and c).........................
    1d
    93,061,325
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    93,061,325
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,395,920
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    91,665,405
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,583,270
    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
    4,583,270
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    19,957
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,957
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,563,313
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    4,563,313
    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
    4,563,313
    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
    4,732,777
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,732,777
    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
    19,957
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,712,820
    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 4,563,313
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 4,225,903
    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$ 4,732,777
    a Applied to 2017, but not more than line 2a 4,225,903
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 506,874
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		4,056,439
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHRISTY-HOUSTON FOUNDATION
    1296 DOW ST
    MURFREESBORO,TN37130
    (615) 898-1140
    christyhouston@bellsouth.net
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED FORMS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS MUST BENEFIT CITIZENS OF RUTHERFORD OR NEIGHBORING COUNTIES
    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
    DOORS OF HOPE
    428 E BELL ST
    MURFREESBORO TN,TN37130     		N/A 501C3 PURCHASE BUILDING 125,000
    AMERICAN RED CROSS
    501 MEMORIAL BLVD
    MURFREESBORO,TN37129     		N/A 501C3 DISASTER RELIEF 72,000
    ALIVE HOSPICE
    1639 MEDICAL CENTER PARKWAY
    MURFREESBORO,TN37129     		N/A 501C3 NEW FACILITY 734,433
    SPECIAL KIDS
    2208 E MAIN ST
    MURFREESBORO,TN37130     		N/A 501C3 PROGRAM SERVICES FOR SPECIAL NEEDS CHILDREN 87,220
    CHARITY CIRCLE
    BOX 11125
    MURFREESBORO,TN37130     		N/A 501C3 MATCHING GRANT FOR LOCAL CHARITIES 181,510
    SALVATION ARMY
    2106 EAST MAIN ST
    MURFREESBORO,TN37130     		N/A 501C3 VAN, KIOTCHEN, & HVAC EQUIPMENT 70,000
    CITY OF MURFREESBORO
    111 W VINE ST
    MURFREESBORO,TN37130     		N/A PF COMMUNITY TECHNOLOGY BUILDING 500,000
    MID CUMBERLAND HUMAN RESOURCES
    1101 KERMIT DR
    NASHVILLE,TN37217     		N/A GOVT MEALS ON WHEELS PROGRAM 26,000
    ST THOMAS RUTHERFORD HOSPITAL
    1700 MEDICAL CENTER PKWY
    MURFREESBORO,TN37129     		N/A 501C3 EXPANSION OF HOSPITAL 1,000,000
    DOMESTIC VIOLENCE PROGRAM
    2106 E MAIN ST
    MURFREESBORO,TN37130     		N/A 501C3 BLDG RENOVATIONS 50,000
    UNITED WAY OF RUTHERFORD COUNTY
    3050 MEDICAL CENTER PKWY
    MURFREESBORO,TN37129     		N/A 501C3 LEADERSHIP PROGRAM 7,940
    MURFREESBORO CITY SCHOOLS
    2552 S CHURCH ST
    MURFREESBORO,TN37127     		N/A GOVT MOBILE LIBRARY 39,800
    OAKLAND MANSION
    900 N MANEY AVE
    MURFREESBORO,TN37130     		N/A 501C3 OUTSIDE CLASSROOM & SIDEWALK 93,000
    SECOND HARVEST FOOD BANK
    331 GREAT CIRCLE DR
    NASHVILLE,TN37240     		N/A 501C3 EQUIPMENT 350,000
    SECOND HARVEST FOOD BANK
    331 GREAT CIRCLE ROAD
    NASHVILLE,TN37228     		N/A 501C3 FOOD FOR NEEDY 10,000
    VANDERBILT SCHOOL OF NURSING
    461 21ST AVE SOUTH
    NASHVILLE,TN37240     		N/A 501C3 SCHOOL OF NURSING EXPANSION 250,000
    RUTHERFORD COUNTY
    1 PUBLIC SQUARE
    MURFREESBORO,TN37130     		N/A GOVT RENOVATE BLDG FOR RECOVERY COURT 250,000
    LEUKEMIA LYMPHOMA SOCIETY
    404 BNA DRIVE
    NASHVILLE,TN37217     		N/A 501C3 TRAVEL ASSISTANCE 15,000
    ANDREW JACKSON FOUNDATION
    4850 RACHELS LANE
    HERMITAGE,TN37248     		NONE 501C-3 EDUCATIONAL VISITS FOR CHILDREN 25,000
    NOURISH FOOD BANK
    1809 MEMORIAL BLVD
    MURFREESBORO,TN37129     		N/A 501C-3 HELP PURCHASE BUILDING 249,000
    INTERFAITH DENTAL CLINIC
    210 ROBERT ROSE DR
    MURFREESBORO,TN37129     		N/A 501C-3 PROGRAM SERVICES 10,000
    GOVERNORS BOOKS FROM BIRTH
    312 ROSA PARKS AVE
    NASHVILLE,TN37243     		N/A 501C3 BOOKS FOR CHILDREN 10,000
    A SOLDIERS CHILD
    1197 HAZELWOOD DR
    SMYRNA,TN37167     		N/A 501C3 PROGRAM SERVICES 10,000
    GOOD SHEPHERD CHILDRENS HOME
    230 WOODCRAFT DRIVE
    MURFREESBORO,TN37127     		NONE 501C3 PROGRAM SERVICES 10,000
    JOURNEYS IN COMMUNITY LIVING
    1130 HALEY ROAD
    MURFREESBORO,TN37129     		NONE 501C3 PROGRAM SERVICES 10,000
    CASA OF RUTHERFORD COUNTY
    447 N FRONT ST
    MURFREESBORO,TN37130     		NONE 501C3 PROGRAM SERVICES 10,000
    DISCOVERY CENTER
    502 S E BROAD ST
    MURFREEBORO,TN37130     		NONE 501C-3 PROGRAM SERVICES 10,000
    NOURISH FOOD BANK
    1809 MEMORIAL BLVD
    MURFREESBORO,TN37129     		NONE 501C-3 PROGRAM SERVICES 20,000
    Total .................................bullet 3a 4,225,903
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 13,387  
    4 Dividends and interest from securities....     14 1,607,701  
    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.....     14 583,288  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,354,080  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBROKER REBATES & MISC     		         
    bSECURITIES LITIGATION REC          
    cMISCELLANEOUS INCOME          
    dFOREIGN DIVIDEND TAX REFU          
    eCORR PRIOR YEAR IRS INTER          
    12 Subtotal. Add columns (b), (d), and (e)..   2,391,880  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,391,880
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    CHRISTY-HOUSTON FOUNDATION INC
     
    Employer identification number

    62-1280998
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    CHRISTY-HOUSTON FOUNDATION INC
          		Employer identification number
    62-1280998
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ADAMS FAMILY FOUNDATION  
    801 MORELAND LANE
     
    MURFREESBORO, TN37128

    		$ 20,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    CHRISTY-HOUSTON FOUNDATION INC
          		Employer identification number

    62-1280998
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    CHRISTY-HOUSTON FOUNDATION INC
          		Employer identification number

    62-1280998
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID: 18007218
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HALL, DAVIDSON & ASSOC CPA'S 21,375 10,687 0 10,688
    AUDIT FEE 1,950 0 0 1,950

    TY 2018 ContractorCompensationExpln
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Contractor Explanation
    TAYLORWEBSTER ATTORNEYS LEGAL SERVICES
    MANGHAM ASSOCIATES INC MANAGEMENT OF INVESTMENTS
    PINNACLE NATIONAL BANK CUSTODIAN OF INVESTMENT FUNDS
    HALL DAVIDSON & ASSOCIATES CPAS PC ACCOUNTING WORK, FINANCIAL REPORTS, 990-PF & 990-T RETURNS
    ALPHA CAPITAL MANAGEMENT INVESTMENT ADVISOR FEES

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

    TY 2018 DepreciationSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    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
    OFFICE BUILDING 1991-09-01 260,784 162,445 SL   6,687      
    FURNITURE & EQUIPMENT 2000-01-01 129,749 98,297 SL   3,807      

    TY 2018 GeneralExplanationAttachment
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF METHODS OF ACCOUNTING AND REPORTING-----------------------------------THE FOUNDATION'S BOOKS ARE KEPT ON THE FULL ACCRUAL METHOD, WITH MONTHLY ENTRIES BEING MADE TO RECORD UNRECOGNIZED GAINS AND LOSSES BASED ON THE MARKET VALUE OF THE SECURITIES INTO THE INCOME ACCOUNTS. FEDERAL EXCISE TAX ON THE NET INVESTMENT INCOME IS ACCRUED AT YEAR END, BASED ON COMPUTATION ON THE FORM 990-PF. THE FOUNDATION'S ATTACHED FINANCIAL REPORT REFLECTS THIS METHOD OF REPORTING.FOR THE COMPUTATION OF AVERAGE VALUE OF INVESTMENTS IN PART V FOR DETERMINING REQUIREDANNUAL DISTRIBUTIONS, ESTIMATED FAIR MARKET VALUES AS REPORTED BY THE INVESTMENTMANAGERS ARE USED, AS A MAJOR PORTION OF THE INVESTMENTS ARE IN FUNDS NOT PUBLICLY TRADED. THE FORM 990-PF IS PREPARED ON A MODIFIED CASH BASIS FOR TAX PURPOSES, CARRYING THE SECURITIES AT COST BASIS AND NOT RECOGNIZING CHANGES IN MARKET VALUE. GAINS AND LOSSES ARE REPORTED ONLY UPON SELLING INDIVIDUAL SECURITIES, OR AS REPORTED ON K-1'S FROM PARTNERSHIPS. THE FOLLOWING ADJUSTMENTS ARE NECESSARY TO RECONCILE THE FOUNDATION'S ATTACHED FINANCIAL STATEMENTS WITH THE AMOUNTS REPORTED ON THE FROM 990-PF: NET LOSS FOR FYE 12-31-2018 PER FINANCIAL REPORT $10,654,110- ADD DECREASE IN DEFERRED INCOME TAXES BASED ON 2% TAX ON UNREALIZED GAINS 161,981- LESS ESTIMATED DECREASE IN UNREALIZED GAIN IN MARKET VALUE OF SECURITIES HELD NOT INCLUDED IN INCOME ON FORM 990-PF 8,099,028 __________ NET LOSS PER FORM 990-PF, PART 1, LINE 27-A $ 2,707,240 NET ASSETS PER 990 RECON 12-31-17 $84,108.711 ____________ NET ASSETS PER 990 RECON 12-31-18 $81,391,648 ___________ NET ASSETS-UNRESTRICTED 12-31-2018 PER FINANCIAL REPORT $83,888,515 ADD BACK DEFERRED TAX LIABILITY ON FINANCIAL REPORT 50,956 SUBTRACT ADJUSTMENT TO MARKET VALUE FOR UNREALIZED LOSS ON SECURITIES HELD AT 12-31-18 2,547,823- ___________ NET ASSETS-UNRESTRICTED PER FORM 990-PF BAL SHEET $81,391,648 (USING ONLY COST BASIS FOR SECURITIES) _____________
      General Explanation Supplemental Information for Form 990-PF UNRELATED 2018 BUSINESS INCOME PER FORMS 1065 K-1 ATTACHED: TRG FORESTRY FUND 8-B 1,200- MIT PRIVATE EQUITY FUND IV LPS 320 880- ________ NET UBI (LOSS) CARRIED OVER FROM 2016 RETURN $677,061- ________ NET UBI (LOSS) CARRIED FORWARD TO 2019 $677,941- __________
      General Explanation Supplemental Information for Form 990-PF PART IV, LINE 1a CAPITAL GAINS & LOSSES FROM INVESTMENTSTHE FOUNDATION'S INVESTMENTS ARE LARGELY HELD IN LIMITED PARTNERSHIPS, FUNDS OF FUNDS, AND PRIVATE EQUITIES, WHICH REPORT INTEREST, DIVIDENDS ANDVARIOUS OTHER TYPES OF INCOME AND DEDUCTGIONS ON SCHEDULES K-1.FOR 2018, THE AMOUNT OF CAPITAL GAINS REPORTED ON THE VARIOUS SCHEDULES K-1 WITH VARIOUS ACQUISITION AND SALES DATESTOTALED $1.354.080. OUR LACERTE TAX SOFTWARE IS NOT ABLE TOPRINT THIS INFORMATION ON LINE 1a WITHOUT IT BEING ALSO AUTOMATICALLYSHOWN ON THE 990-T AS UUNRELATED BUSINESS INCOME, WHICH IT IS NOT.

    TY 2018 LandEtcSchedule2
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 129,747 100,608 29,139 50,000
    Buildings 260,784 169,132 91,652 300,000
    Improvements 21,158 21,158   25,000
    Land 100,379   100,379 100,000


    TY 2018 LegalFeesSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAYLOR/WEBSTER ATTORNEYS 1,700 0 0 1,700


    TY 2018 OtherAssetsSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UTILITY DEPOSIT 500 500  
    UTILITY DEPOSITS     500


    TY 2018 OtherExpensesSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 6,752     6,752
    INSURANCE 17,858     17,858
    AUTOMOBILE EXPENSE 434     434
    BANK SERVICE CHARGES 630     630
    CATERING FOR BOARD MEETINGS 4,266     4,266
    DUES 11,090     11,090
    OFFICE SUPPLIES & EXPENSE 9,654     9,654
    PUBLICATION & BOOKS\ 190     190
    MISCELLANEOUS EXPENSE 2,622     2,622
    OTHER EXPENSE 5,489 5,491    
    ROUNDING -2 -2   -2


    TY 2018 OtherIncomeSchedule2
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income -583,288 -583,288  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANGHAM ASSOCIATES 280,500 280,500 0 0
    CUSTODIAN-PINNACLE NATIONAL BANK 1,292 1,292 0 0
    ALPHA CAPITAL MANAGEMENT 40,000 40,000 0 0


    TY 2018 TaxesSchedule
    Name:
    CHRISTY-HOUSTON FOUNDATION INC
    EIN:
    62-1280998
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX ON INVESTMENT INCOME 19,957 19,957