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
OSA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)351 W HUBBARD STREET STE 600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60654
A Employer identification number

72-1589724
B Telephone number (see instructions)

(312) 920-9490
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,406,695J 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) 1,544,801
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 305,179 305,179  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 782,501
b Gross sales price for all assets on line 6a 3,020,158
7 Capital gain net income (from Part IV, line 2)... 782,501
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 12,443 12,443 0
12 Total. Add lines 1 through 11........ 2,644,924 1,100,123 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,000 3,000 0 0
c Other professional fees (attach schedule).... Click to see attachment 165,130 26,470 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,623 525 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,382 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 31,845 28,755 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 218,980 58,750 0 0
25 Contributions, gifts, grants paid....... 551,500 551,500
26 Total expenses and disbursements. Add lines 24 and 25 770,480 58,750 0 551,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,874,444
b Net investment income (if negative, enter -0-) 1,041,373
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 215,790 323,118 322,755
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 79,070 Click to see attachment79,070 77,691
b Investments—corporate stock (attach schedule)....... 5,213,850 Click to see attachment5,855,170 5,478,035
c Investments—corporate bonds (attach schedule)....... 1,680,071 Click to see attachment2,000,245 1,908,042
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 569,637 Click to see attachment608,261 603,009
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment15,919 Click to see attachment17,163 Click to see attachment17,163
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,774,337 8,883,027 8,406,695
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 7,774,337 8,883,027
30 Total net assets or fund balances (see instructions)..... 7,774,337 8,883,027
31 Total liabilities and net assets/fund balances (see instructions). 7,774,337 8,883,027
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
7,774,337
2
Enter amount from Part I, line 27a .....................
2
1,874,444
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,888
4
Add lines 1, 2, and 3 ..........................
4
9,651,669
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
768,642
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
8,883,027
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 PUBICALLY TRADED SECURITIES      
b LT PARTNERSHIP PASSTHROUGH GAIN      
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 2,997,146   2,237,657 759,489
b 23,012     23,012
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       759,489
b       23,012
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 2 782,501
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 3 759,489
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 538,618 8,497,144 0.063388
2016 557,944 8,109,835 0.068798
2015 481,566 8,731,659 0.055152
2014 464,029 7,717,393 0.060128
2013 392,794 7,343,778 0.053487
2
Total of line 1, column (d) .....................
2
0.300953
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
0.060191
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
8,763,822
5
Multiply line 4 by line 3......................
5
527,503
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,414
7
Add lines 5 and 6........................
7
537,917
8
Enter qualifying distributions from Part XII, line 4,.............
8
551,500
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 10,414
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,414
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,414
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 12,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,586
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet11,586 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.THEOSAFOUNDATION.ORG
    14
    The books are in care ofbulletROBIN LAVIN Telephone no.bullet (312) 920-9490

    Located atbullet351 W HUBBARD STREETCHICAGOIL ZIP+4bullet606541760
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBIN LAVIN PRESIDENT/SECRETARY
    30.00     		0 0 0
    351 W HUBBARD STREET SUITE 600
    CHICAGO,IL60654
    JACK LAVIN V.P./TREASURER
    1.00     		0 0 0
    351 W HUBBARD STREET SUITE 600
    CHICAGO,IL60654
    ANDREA LAVIN DIRECTOR
    1.00     		0 0 0
    351 W HUBBARD STREET SUITE 600
    CHICAGO,IL60654
    ERIC LAVIN DIRECTOR
    1.00     		0 0 0
    351 W HUBBARD STREET SUITE 600
    CHICAGO,IL60654
    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 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    AMY L SAUER INC STRATEGIC ADV 138,660
    217 HOLMES AVENUE
    CLARENDON HILLS,IL60514
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    8,595,198
    b
    Average of monthly cash balances.......................
    1b
    302,083
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,897,281
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,897,281
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    133,459
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,763,822
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    438,191
    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
    438,191
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,414
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,414
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    427,777
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    427,777
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    427,777
    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
    551,500
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    551,500
    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
    10,414
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    541,086
    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 7 427,777
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016...... 129,903
    e From 2017...... 133,625
    fTotal of lines 3a through e........ 263,528
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 551,500
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 427,777
    e Remaining amount distributed out of corpus 123,723
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 387,251
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		387,251
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 129,903
    d Excess from 2017.... 133,625
    e Excess from 2018.... 123,723
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    ADVANCE ILLINOIS
    303 E WACKER DRIVE SUITE 1925
    CHICAGO,IL60601     		NONE PUBLIC 10TH ANNIVERSARY LUNCHEON 1,500
    ALL CHICAGO
    651 W WASHINGTON 504
    CHICAGO,IL60661     		NONE PUBLIC STUDENT EMERGENCY FUND 12,500
    BOTTOM LINE CHICAGO
    65 EAST WACKER PL 800
    CHICAGO,IL60601     		NONE PUBLIC GENERAL OPERATING 25,000
    BRAVEN CHICAGO
    171 N ABERDEEN 400
    CHICAGO,IL60607     		NONE PUBLIC GENERAL OPERATING 20,000
    CHICAGO COALITION FOR HOMELESS
    70 E LAKE ST 720
    CHICAGO,IL60601     		NONE PUBLIC SCHOLARSHIP AND LAPTOP PROGRAM 10,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE 2200
    CHICAGO,IL60601     		NONE PUBLIC PROGRESSIVE PATHWAYS FUND 20,000
    CHICAGO FOUNDATION FOR WOMEN
    140 S DEARBORN SUITE 400
    CHICAGO,IL60603     		NONE PUBLIC ENGLEWOOD WOMENS INITIATIVE 10,000
    CHICAGO PUBLIC EDUCATION FUND
    200 WEST ADAMS 2150
    CHICAGO,IL60606     		NONE PUBLIC GENERAL OPERATING 25,000
    CHICAGO SCHOLARS
    247 S STATE ST SUITE 700
    CHICAGO,IL60604     		NONE PUBLIC GENERAL OPERATING 20,000
    CIVIC LEADERSHIP FOUNDATION
    PO BOX 456
    GLENCOE,IL60022     		NONE PUBLIC GENERAL OPERATING 10,000
    EMBARC INC
    25 S CLARK 16TH FLOOR
    CHICAGO,IL60603     		NONE PUBLIC GENERAL OPERATING AND PROGRESSING PATHWAYS 32,500
    GENESYS WORKS CHICAGO
    180 N WABASH SUITE 600
    CHICAGO,IL60601     		NONE PUBLIC GENERAL OPERATING 15,000
    HEALTHY SCHOOLS CAMPAIGN
    175 N FRANKLIN SUITE 300
    CHICAGO,IL60606     		NONE PUBLIC CHICAGO SCHOOL HEALTH PROJECTS 35,000
    HIGH JUMP
    59 W NORTH BOULEVARD
    CHICAGO,IL60610     		NONE PUBLIC GENERAL OPERATING 10,000
    INTRINSIC SCHOOLS
    4540 W BELMONT AVENUE
    CHICAGO,IL60641     		NONE PUBLIC GRADUATE AIMS DESIGN PROJECT 25,000
    JOHN M PALMER ELEMENTARY SCHOOL
    5051 N KENNETH AVENUE
    CHICAGO,IL60630     		NONE PUBLIC THINKCERA IMPLEMENTATION 2,500
    LEAPINNOVATIONS
    222 W MERCHANDISE MART PLAZA 1212
    CHICAGO,IL60654     		NONE PUBLIC EDUCATOR PROGRAMMING 30,000
    NATIONAL LOUIS UNIVERSITY
    122 SOUTH MICHIGAN AVENUE
    CHICAGO,IL60603     		NONE PUBLIC CAREER BRIDGE PROGRAM 15,000
    NOBLE STREET CHARTER SCHOOLS
    1 NORTH STATE ST FL 7-L
    CHICAGO,IL60602     		NONE PUBLIC ALUMNI CAREER OFFICE 20,000
    ONE GOAL CHICAGO
    180 N WABASH SUITE 800
    CHICAGO,IL60601     		NONE PUBLIC GENERAL OPERATING 25,000
    ONE MILLION DEGREES
    180 N WABASH SUITE 310
    CHICAGO,IL60601     		NONE PUBLIC GENERAL OPERATING 35,000
    PARTNERSHIP FOR COLLEGE COMPLETION
    322 SOUTH MICHIGAN AVENUE 9TH FLOOR
    CHICAGO,IL60604     		NONE PUBLIC GENERAL OPERATING 25,000
    PLAYWORKS ILLINOIS
    650 W LAKE STREET SUITE 230
    CHICAGO,IL60661     		NONE PUBLIC GENERAL OPERATING 10,000
    SKILLS FOR CHICAGOLAND'S FUTURE
    191 N WACKER DRIVE 1150
    CHICAGO,IL60606     		NONE PUBLIC BEYOND THE DIPLOMA: JOBS 101 25,000
    SPARK CHICAGO
    67 E MADISON ST 2101
    CHICAGO,IL60603     		NONE PUBLIC GENERAL OPERATING 30,000
    SURGE INSTITUTE
    935 W CHESTNUT STREET SUITE 515
    CHICAGO,IL60642     		NONE PUBLIC KNOWLEDGE MANAGEMENT PLATFORM 10,000
    TEACH PLUS ILLINOIS
    77 W WASHINTON SUITE 1215
    CHICAGO,IL60602     		NONE PUBLIC CHICAGO CHANGE AGENT PROGRAM 10,000
    TEACHERS SUPPORTING TEACHERS
    PO BOX 14790
    CHICAGO,IL60614     		NONE PUBLIC GENERAL OPERATING 10,000
    UNIVERSITY OF CHICAGO
    1313 E 60TH ST
    CHICAGO,IL60637     		NONE PUBLIC CONSORTIUM ON SCHOOL RESEARCH 10,000
    UNVIRSITY OF ARIZONA
    UNIV OF AZ PO BOX 210028
    TUCSON,AZ85721     		NONE PUBLIC TUCSON GARDENS PROJECT 10,000
    WILLA CATHER ELEMENTARY SCHOOL
    2908 W WASHINGTON BLVD
    CHICAGO,IL60612     		NONE PUBLIC THINKCERA IMPLEMENTATION 2,500
    YEAR UP CHICAGO
    223 W JACKSON BLVD 400
    CHICAGO,IL60606     		NONE PUBLIC GENERAL OPERATING 10,000
    Total .................................bullet 3a 551,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 305,179  
    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 12,443  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 782,501  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,100,123 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,100,123
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    OSA FOUNDATION
     
    Employer identification number

    72-1589724
    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
    OSA FOUNDATION
          		Employer identification number
    72-1589724
    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
    JACK ROBIN LAVIN  
    130 N GARLAND CT 4301
     
    CHICAGO, IL60602

    		$ 1,544,801


    (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
    OSA FOUNDATION
          		Employer identification number

    72-1589724
    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
    1
    		 VARIOUS MARKETABLE SECURITIES $ 1,544,801 2018-06-18
    (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
    OSA FOUNDATION
          		Employer identification number

    72-1589724
    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:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,000 3,000 0 0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AETNA INC 37,615 35,187
    AFLAC 39,443 38,126
    AMERICNA HONDA FINANCE CORP 37,353 34,626
    AT&T 34,426 32,693
    AUTOZONE INC 37,709 35,227
    BANK OF AMERICA CORP 37,760 35,705
    BERKSHIRE HATHAWAY INC 36,109 34,739
    BOSTON PROPERTIES LP 37,728 35,226
    BP CAPITAL MARKETS 34,274 32,693
    CELEGENE 35,253 35,344
    CITIGROUP INC 37,370 34,630
    CLOROX COMPANY 34,848 33,235
    CSX CORP 34,276 31,989
    CVS CAREMARK CORP 37,420 34,914
    DOMINION RESOURCES INC 37,941 36,515
    DUKE ENERGY 34,934 32,673
    EATON CORP 37,763 35,986
    ENTERGY CORP 37,669 35,058
    EOG RESOURCES 37,951 36,507
    ERP OPERATING LP 36,958 34,142
    EXPRESS SCRIPTS HOLDINGS 36,914 35,612
    FEDEX CORP 37,413 34,824
    GENERAL MOTORS FINANCIAL 34,229 31,271
    HSBC HOLDINGS 35,952 33,092
    KLA-TENCOR CORP 37,120 34,844
    KRAFT HEINZ FOODS COMPANY 37,370 33,872
    LOCKHEED MARTIN CORP 37,076 34,730
    MARATHON PETROLEUM CORP 38,083 36,976
    MCDONALDS CORP 35,021 33,021
    NBC UNIVERSAL 32,044 31,415
    NEWMONT MINING CORP 38,166 35,624
    NORTHROP GRUMMAN CORP 34,489 31,882
    ORACLE CORP 36,975 34,930
    QUALCOMM INC 34,317 31,627
    REYNOLDS AMERICAN INC 37,832 34,623
    SIMON PETROLEUM CORP 37,919 35,217
    TIME WARNER 35,015 34,096
    TOYOTA MOTOR CREDIT CORP 37,557 35,526
    UNITED PARCEL SERVICE 38,059 36,224
    VERIZON COMMUNICATIONS 34,498 33,026
    WALT DISNEY CO 37,406 35,499
    ACE INA HOLDINGS INC 46,374 46,592
    AIR LEASE CORP 34,462 33,119
    ALLERGAN FUNDINGS SCS 37,314 35,144
    CATERPILLAR FINANCIAL SERVICES CORP 46,806 46,831
    CHUBB INA HOLDINGS INC 36,934 34,238
    CISCO SYSTEMS INC 46,373 46,578
    KEYCORP 46,648 46,645
    MISCROSOFT 46,208 46,476
    NUTRIEN LTD 33,579 32,174
    PEPSICO INC NC 46,362 46,438
    STARBUCKS CORP 47,029 47,209
    WASTE MANAGEMENT 33,901 33,452

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC IRELAND CL A 7,730 10,153
    ACTIVISION BLIZZARD IN 6,459 7,405
    ADOBE SYSTEMS 8,434 20,135
    ADOBE SYSTEMS 6,456 11,991
    AFLAC INCORPORATED 9,682 12,119
    AIR PROD & CHEM INC 16,554 18,406
    AKAMAI TECHNOLOGIES 11,622 13,926
    ALEXION PHARM INC 14,999 10,612
    ALLIANZ SE ADS 9,417 10,533
    ALPHABET INC CL A 7,692 17,764
    ALPHABET INC CL C 16,721 22,783
    AMAZON COM INC 30,279 45,059
    AMERICAN EXPRESS CO 9,045 11,248
    AMERICAN EXPRESS CO. 15,397 18,492
    AMERICAN EXPRESS CO. 12,766 13,249
    AMERICAN TOWER REIT 14,297 20,090
    AMERISOURCEBERGEN CORP 11,105 9,449
    AMGEN INC 13,081 15,574
    ANADARKO PETE 12,454 10,916
    ANTHEM INC COM 15,916 27,051
    APPLE INC 7,682 16,720
    ARROW GLOBAL 838,936 529,754
    AT&T 12,580 9,532
    AUTODESK INC DELAWARE 8,111 12,475
    BANK OF AMERICA CORP 26,194 26,685
    BANK OF NY MELLON 16,299 17,745
    BIOGEN INC COM 16,010 14,745
    BLACKROCK INC 15,333 12,963
    BLACKROCK LIQ TEMPFUND INST 342,629 342,629
    CADENCE DESIGN SYSTEM 7,531 12,522
    CAMDEN PROPERTY TRUST 9,774 12,239
    CAPITAL ONE FINANCIAL CORP 9,639 9,146
    CAPITAL ONE FINANCIAL CORP 9,260 8,920
    CARMAX INC 10,350 11,229
    CELEGENE CORP 23,653 13,715
    CHARLES SCHWAB NEW 6,676 9,884
    CHARTER COMMUNICATIONS INC 16,091 18,523
    CHEESECAKE FACTORY 11,618 10,138
    CISCIO SYS INC 7,696 11,526
    CITIGROUP IN NEW 9,505 9,006
    COCA COLA CO 10,847 11,222
    COCO COLA 17,081 19,366
    COMCAST CORP 19,231 17,434
    COSTCO WHOLESALE CORP 7,720 10,389
    CRA QUALIFIED INVESTMENT 460,000 446,790
    CVS HEALTH 19,194 13,628
    DANAHER CORPORATION 11,420 15,984
    DELTA AIRLINES 10,542 11,128
    DISH NETWORK 26,154 12,260
    DOMINI INTL SOCIAL EQUITY 698,214 659,306
    EATON CORP PLC SHS 14,878 15,517
    ECO LAB 15,317 17,535
    EMERSON ELECTRIC CO 9,421 10,755
    FACEBOOK INC 37,574 29,495
    FEDEX 9,942 7,744
    FIRST AMERICAN FINANCIAL 9,009 9,464
    HILTON WORLDWIDE HLDS 8,506 10,339
    HOME DEPOT 11,953 15,464
    HOME DEPOT 11,196 14,433
    HONEYWELL INTERNATIONAL 18,560 23,121
    HONEYWELL INTERNATIONAL 16,452 15,722
    HYATT 8,982 10,140
    ILL TOOL WORKS 14,436 18,243
    INTERCONTINENTAL HOTELS GROUP 10,016 9,990
    INTUIT INC 7,230 12,598
    JOHNSON & JOHNSON 15,233 19,099
    JOHNSON & JOHNSON 8,489 12,518
    JP MORGAN CHASE 29,240 39,048
    KELLOGG CO 12,662 10,319
    MARCH & MCLENNAN COS INC 13,141 17,226
    MARRIOTT INTL INC 6,815 9,336
    MARTIN MARIETTA METERIALS 24,664 23,546
    MCCORMICK AND CO NON VOTING 6,263 8,911
    MCCORMICK AND CO NON VOTING 6,727 9,608
    MERCK & CO 15,909 21,166
    METLIFE INCORPORATED 7,915 7,473
    MICROSOFT CORP 16,514 28,846
    MICROSOFT CORP 16,859 33,010
    MOTOROLA SLUTIONS 18,136 26,229
    NORDSTROM INC 12,164 10,441
    NOVARTIS AG ADR 12,714 12,271
    NOVO NORDISK A/S ADR 7,878 10,596
    NVIDIA CORPORATION 7,302 6,408
    OCCIDENTAL PETROLEUM CORP DE 12,124 10,435
    OPPENHEIMER DEVELOPING MKTS Y 396,697 416,825
    ORACLE CORP 16,721 15,622
    ORACLE CORP 19,941 18,692
    PALO ALTO NETWORKS 9,309 12,431
    PAX WORLD SMALL CAP 136,025 123,903
    PAYPAL HOLDINGS 7,774 15,220
    PEPSICO INC NC 16,706 18,782
    PINNACLE FINANCIAL 11,626 8,436
    PIONEER NATURAL RESOURCES 10,402 9,075
    PPG INDUSTRIES INC 10,414 10,121
    PROGRESSIVE CORP OHIO 6,874 11,342
    RED HAT INC 9,231 13,349
    REGENERON PHARM 13,414 13,073
    REGENERON PHARM 12,366 10,458
    ROBERT HALF INTERNATIONAL 11,506 11,268
    SALESFORCE.COM, INC 7,645 13,149
    SAP AG 9,992 10,851
    SCHLUMBERGER LTD 19,805 9,886
    SCHLUMBERGER LTD 14,632 7,108
    SEMPRA ENERGY 12,958 13,848
    SPLUNK INC 7,067 11,534
    STATE STREET CORP 9,197 7,631
    STRYKER CORP 7,416 10,973
    SYNCHRONY FINANCIAL 11,812 7,718
    TE CONNECTIVITY LTD NEW 17,808 19,966
    TEMPLETON GLOBAL BD FD ADV 115,950 101,636
    TEXAS INSTRUMENTS 11,368 11,435
    THE CONTAINER STORE 16,124 10,026
    THERMO FISHER SCIENTIFIC 14,601 17,008
    TOUCHSTONE 1,052,683 831,839
    TRAVELERS COMPANIES INC COM 10,351 11,616
    TWENTY-FIRST CENTURY FOX 14,595 22,934
    ULTIMATE SOFTWARE GP INC 8,909 11,509
    UNITED PARCEL SERVICE INC CL B 19,645 16,678
    UNITEDHEALTH GP INC 8,301 15,196
    UNITEDHEALTH GP INC 22,698 29,147
    US BANKCORP COM NEW 26,511 27,329
    VISA INC CL A 9,963 25,596
    VMWARE INC CLASS A 6,711 12,067
    VMWARE INC CLASS A 5,562 7,542
    W W GRAINFER INC 17,651 24,283
    WALT DISNEY 21,499 23,027
    WORKDAY 9,008 15,170
    XEROX CORP 5,728 3,874
    ABBVIE INC COM 11,778 9,864
    AT&T INC 12,750 11,074
    BIOMARIN PHARMAC SE 7,697 7,323
    CATERPILLAR INC 11,712 9,784
    CHARLES SCHWAB NEW 10,731 11,255
    COMCAST CORP 20,447 20,532
    DEERE & CO 16,272 17,005
    DEVON ENERGY CORP 11,878 7,619
    DISCOVERY SERICES C 7,275 13,743
    ENCOMPAS HEALTH CORP 11,866 12,772
    EQUIMIX INC COM PAR 16,372 13,750
    HIS MARKIT LTD 9,922 9,402
    KRONOS WORLDWIDE INC 11,882 5,887
    LINDE PLC 11,278 10,767
    NUTANIX INC CL A 7,727 7,902
    NVIDIA CORPORATION 8,200 6,809
    PFIZER INC 12,378 13,182
    PROGRESSIVE CORP OHIO 11,836 12,066
    QUALCOMM INC 15,527 16,106
    SCRIPPS EW COMPANCY CL A NEW 11,857 12,568
    UNITED PARCEL SERVICE INC CL B 20,292 17,848

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    US Government Securities - End of Year Book Value:

    79,070
    US Government Securities - End of Year Fair Market Value:

    77,691
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTHUR STREET FUND IV AT COST 245,752 240,500
    BETTER VENTURES FUND II AT COST 148,554 148,554
    BRIDGES VENTURES US SUS GROWTH FUND AT COST 94,065 94,065
    VIRIDIS LEARNING AT COST 75,000 75,000
    THINKCERCA.COM AT COST 25,000 25,000
    IMPACT ENGINE VENTURES AT COST 19,890 19,890

    TY 2018 OtherAssetsSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST - BONDS 15,919 17,163 17,163


    TY 2018 OtherDecreasesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Description Amount
    ARTHUR STREET FUND IV BOOK/TAX DIFF 284
    ADJ FOR COST BASIS OF STOCK DONATION 768,358


    TY 2018 OtherExpensesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ARTHUR STREET FUND IV EXP 11,375 11,375 0 0
    BETTER VENTURES FUND II FEES 7,555 7,555 0 0
    BRIDGES VENTURE US FUND FEES 7,182 7,182 0 0
    DUES 1,764 0 0 0
    FILING FEES 10 0 0 0
    INFORMATION TECHNOLOGY 1,152 0 0 0
    OFFICE EXPENSE 164 0 0 0
    IMPACT ENGINE VENTURES II FEES 2,643 2,643 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ARTHUR STREET FUND IV 12,443 12,443 0


    TY 2018 OtherIncreasesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Description Amount
    BRIDGE VENTURES US FUND BOOK/TAX DIFF 2,888


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 138,660 0 0 0
    INVESTMENT MANAGEMENT FEES 26,470 26,470 0 0


    TY 2018 TaxesSchedule
    Name:
    OSA FOUNDATION
    EIN:
    72-1589724
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON INVESTMENTS 525 525 0 0
    INCOME TAX 13,098 0 0 0