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
CLERMONT FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEXINGTON, MA02420
A Employer identification number

22-3177379
B Telephone number (see instructions)

(781) 862-1845
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$7,353,267J 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) 290,245
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 158,120 146,724  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,224,720
b Gross sales price for all assets on line 6a 2,920,241
7 Capital gain net income (from Part IV, line 2)... 1,224,720
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 117,752 114,971  
12 Total. Add lines 1 through 11........ 1,790,837 1,486,415  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 34,830 27,865   6,965
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,568 5,568   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,571 866   705
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 51,969 34,299   7,670
25 Contributions, gifts, grants paid....... 344,500 344,500
26 Total expenses and disbursements. Add lines 24 and 25 396,469 34,299   352,170
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,394,368
b Net investment income (if negative, enter -0-) 1,452,116
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............. 140,044 74,774 74,774
2 Savings and temporary cash investments......... 343,120 223,722 223,722
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   109    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 3,456,105 Click to see attachment4,534,210 5,240,322
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,244,219 Click to see attachment1,747,595 Click to see attachment1,814,449
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,183,597 6,580,301 7,353,267
Liabilities 17 Accounts payable and accrued expenses.......... 5,000 7,336
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)......... 5,000 7,336
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........ 2,285,339 2,285,339
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,893,258 4,287,626
30 Total net assets or fund balances (see instructions)..... 5,178,597 6,572,965
31 Total liabilities and net assets/fund balances (see instructions). 5,183,597 6,580,301
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
5,178,597
2
Enter amount from Part I, line 27a .....................
2
1,394,368
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,572,965
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,572,965
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 SCHWAB 0296 - PUBLICLY TRADED SECURITIES - SHORT TERM P    
b SCHWAB 0296 - PUBLICLY TRADED SECURITIES - LONG TERM P    
c SCHWAB 3936 - PUBLICLY TRADED SECURITIES - SHORT TERM P    
d SCHWAB 3936 - PUBLICLY TRADED SECURITIES - LONG TERM P    
e SCHWAB 4262 - PUBLICLY TRADED SECURITIES - SHORT TERM P    
SCHWAB 4262 - PUBLICLY TRADED SECURITIES - LONG TERM P    
SCHWAB 8967 - PUBLICLY TRADED SECURITIES - SHORT TERM P    
SCHWAB 8967 - PUBLICLY TRADED SECURITIES - LONG TERM P    
SEABRIDGE ASIA REDUX, LLC - SHORT TERM P    
SEABRIDGE ASIA REDUX, LLC - LONG TERM P    
CAPITAL GAINS DIVIDENDS P    
(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 2,016   2,036 -20
b 13,979   8,818 5,161
c 62,084   63,023 -939
d 2,277,788   1,282,113 995,675
e 843   1,177 -334
10,940   5,991 4,949
86,816   115,326 -28,510
356,767   211,871 144,896
    5,166 -5,166
809     809
108,199     108,199
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       -20
b       5,161
c       -939
d       995,675
e       -334
      4,949
      -28,510
      144,896
      -5,166
      809
      108,199
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 1,224,720
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 389,082 6,819,136 0.057057
2016 366,263 5,974,883 0.061300
2015 331,678 6,174,380 0.053718
2014 256,533 6,072,777 0.042243
2013 283,017 5,365,425 0.052748
2
Total of line 1, column (d) .....................
2
0.267066
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
0.053413
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
7,797,241
5
Multiply line 4 by line 3......................
5
416,474
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,521
7
Add lines 5 and 6........................
7
430,995
8
Enter qualifying distributions from Part XII, line 4,.............
8
352,170
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 29,042
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 29,042
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 29,042
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 46,318
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 46,318
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 704
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 16,572
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet16,572 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMA, NJ
    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 ofbulletMARTHA KEITHTTEE Telephone no.bullet (781) 862-1845

    Located atbulletPO BOX 500LEXINGTONMA ZIP+4bullet02420
    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
    MARTHA H KEITH TRUSTEE
    0.50     		0 0 0
    PO BOX 500
    LEXINGTON,MA02420
    GARNETT L KEITH JR TRUSTEE
    0.50     		0 0 0
    PO BOX 500
    LEXINGTON,MA02420
    GEOFFREY L KEITH TRUSTEE
    0.00     		0 0 0
    PO BOX 500
    LEXINGTON,MA02420
    SUZANNE K COLON TRUSTEE
    0.00     		0 0 0
    PO BOX 500
    LEXINGTON,MA02420
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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
    7,149,911
    b
    Average of monthly cash balances.......................
    1b
    766,070
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,915,981
    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
    7,915,981
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    118,740
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,797,241
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    389,862
    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
    389,862
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    29,042
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,042
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    360,820
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    360,820
    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
    360,820
    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
    352,170
    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
    352,170
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    352,170
    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 7 360,820
    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...... 18,262
    b From 2014......  
    c From 2015...... 31,929
    d From 2016...... 70,547
    e From 2017...... 58,319
    fTotal of lines 3a through e........ 179,057
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 352,170
    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..... 352,170
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 8,650 8,650
    (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 5 170,407
    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) ...     		9,612
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		160,795
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 31,929
    c Excess from 2016.... 70,547
    d Excess from 2017.... 58,319
    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).)
    MARTHA H KEITH
    GARNETT L KEITH JR
    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
    AMERICAN RED CROSS NEW JERSEY CROSSROADS
    695 SPRINGFIELD AVE
    SPRINGFIELD,NJ07901     		NONE EXEMPT HEALTH 5,000
    AMNESTY INTERNATIONAL USA
    5 PENN PLAZA
    NEW YORK,NY100011810     		NONE EXEMPT HEALTH 1,000
    ASPEN MUSIC FESTIVAL & SCHOOL
    2 MUSIC SCHOOL ROAD
    ASPEN,CO81611     		NONE EXEMPT ARTS 1,000
    BARTON COLLEGE
    PO BOX 5000
    WILCON,NC27893     		NONE EXEMPT EDUCATION 20,000
    BIG SKY YOUTH EMPOWERMENT PROJECT INC
    PO BOX 6757
    BOZEMAN,MT59771     		NONE EXEMPT SOCIAL SERVICE 3,000
    BOSTON BALLET
    19 CLARENDON ST
    BOSTON,MA02116     		NONE EXEMPT ARTS 1,000
    BOSTON RESCUE MISSION
    PO BOX 849100
    BOSTON,MA022849100     		NONE EXEMPT SOCIAL SERVICE 500
    BRADY CENTER TO PREVENT GUN VIOLENCE
    840 FIRST ST NE STE 400
    WASHINGTON,DC20002     		NONE EXEMPT SOCIAL SERVICE 2,000
    CASA PUEBLO
    PO BOX 704
    ADJUNTAS,PR00601     		NONE EXEMPT ENVIRONMENT 5,000
    CHATTOOGA CONSERVANCY
    9 SEQUOIA HILLS LANE
    CLAYTON,GA30525     		NONE EXEMPT EDUCATION 1,000
    CROSSCUT MOUNTAIN SPORTS CENTER
    PO BOX 6400
    BOZEMAN,MT59771     		NONE EXEMPT EDUCATION 20,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVE 2ND FL
    NEW YORK,NY100015004     		NONE EXEMPT HEALTH 23,000
    EARTHJUSTICE
    50 CALIFORNIA ST STE 500
    SAN FRANCISCO,CA94111     		NONE EXEMPT ENVIRONMENT 10,000
    EMERSON CENTER FOR THE ARTS & CULTURE
    111 SOUTH GRAND AVE
    BOZEMAN,MT59715     		NONE EXEMPT ARTS 5,000
    ENVIRONMENTAL DEFENSE FUND
    257 PARK AVE S
    NEW YORK,NY10010     		NONE EXEMPT ENVIRONMENT 5,000
    FOOD FOR THE POOR INC
    6401 LYONS RD
    COCONUT CREEK,FL33073     		NONE EXEMPT SOCIAL SERVICE 250
    FRIENDS OF MATENWA
    91 ABERDEEN AVE
    CAMBRIDGE,MA02138     		NONE EXEMPT SOCIAL SERVICE 10,000
    GEORGIA TECH FOUNDATION ROLL CALL
    190 NORTH AVENUE NW
    ATLANTA,GA303132550     		NONE EXEMPT EDUCATION 250
    GREATER BOSTON FOOD BANK THE
    70 SOUTH BAY AVE
    BOSTON,MA02118     		NONE EXEMPT SOCIAL SERVICE 500
    GREATER FOUR CORNER ACTION COALITION EASTERN SERVICE WORKERS ASSN
    247 BOWDOIN ST
    DORCHESTER,MA02122     		NONE EXEMPT SOCIAL SERVICE 5,000
    HARVARD BUSINESS SCHOOL FUND
    SOLDIERS FIELD RD
    BOSTON,MA021639904     		NONE EXEMPT EDUCATION 500
    HAVEN
    PO BOX 752
    BOZEMAN,MT59771     		NONE EXEMPT SOCIAL SERVICE 1,000
    HEADWATERS ACADEMY
    418 WEST GARFIELD ST
    BOZEMAN,MT59715     		NONE EXEMPT SOCIAL SERVICE 1,000
    HUMAN RESOURCE DEVELOPMENT COUNCIL (HRDC) OF DISTRICT IX INC
    32 SOUTH TRACY
    BOZEMAN,MT59715     		NONE EXEMPT HEALTH 3,000
    INTERNATIONAL RED CROSS
    695 SPRINGFIELD AVE
    SUMMIT,NJ07901     		NONE EXEMPT HEALTH 5,000
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND ST
    NEW YORK,NY10168     		NONE EXEMPT SOCIAL SERVICE 10,000
    LEXINGTON FARMERS' MARKET
    70 EAST ST
    LEXINGTON,MA02420     		NONE EXEMPT SOCIAL SERVICE 4,000
    LEXINGTON SYMPHONY
    PO BOX 194
    LEXINGTON,MA024200002     		NONE EXEMPT ARTS 1,000
    LEXINGTON YOUTH AND FAMILY SERVICES
    7 HARRINGTON ROAD
    LEXINGTON,MA02421     		NONE EXEMPT SOCIAL SERVICE 17,000
    MAYO FOUNDATION
    200 FIRST ST SW
    ROCHESTER,MN55905     		NONE EXEMPT HEALTH 10,000
    MCLEAN HOSPITAL
    115 MILL STREET MAIL STOP 126
    BELMONT,MA024781064     		NONE EXEMPT HEALTH 2,000
    MERCY CORPS
    45 SW ANKENY ST
    PORTLAND,OR97204     		NONE EXEMPT SOCIAL SERVICE 2,000
    MR TOM'S HEART
    24 WATERFORD CT
    ATLANTA,GA30328     		NONE EXEMPT SOCIAL SERVICE 2,000
    MUSEUM OF FINE ARTS BOSTON
    465 HUNTINGTON AVE
    BOSTON,MA02115     		NONE EXEMPT ARTS 500
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN ST
    LANDER,WY825022848     		NONE EXEMPT EDUCATION 4,000
    NEWARK MUSEUM
    49 WASHINGTON STREET
    NEWARK,NJ071023176     		NONE EXEMPT ARTS 2,000
    NURSE-FAMILY PARTNERSHIP
    1900 GRANT ST STE 400
    DENVER,CO802034304     		NONE EXEMPT HEALTH 10,000
    OXFAM AMERICA
    226 CAUSEWAY ST 5TH FL
    BOSTON,MA022055807     		NONE EXEMPT HEALTH 8,000
    PARK LAKE PRESBYTERIAN CHURCH
    309 E COLONIAL DR
    ORLANDO,FL328011286     		NONE EXEMPT RELIGION 7,000
    PARTNERS IN HEALTH
    800 BOYLSTON ST STE 300
    BOSTON,MA02199     		NONE EXEMPT HEALTH 10,000
    PINE STREET INN
    444 HARRISON AVE
    BOSTON,MA02118     		NONE EXEMPT SOCIAL SERVICE 500
    PLANNED PARENTHOOLD FEDERATION OF AMERICA
    434 WEST 33RD ST
    NEW YORK,NY10001     		NONE EXEMPT HEALTH 5,000
    SAVE THE CHILDREN
    501 KINGS HWY E STE 400
    FAIRFIELD,CT06825     		NONE EXEMPT HEALTH 5,000
    SHALLOWFORD PRESBYTERIAN CHURCH
    2375 SHALLOWFORD RD NE
    ATLANTA,GA30345     		NONE EXEMPT RELIGION 16,000
    SIGMA CHI FOUNDATION
    1714 HINMAN AVE
    EVANSTON,IL60201     		NONE EXEMPT EDUCATION 5,000
    SOCIAL AND ENVIRONMENTAL ENTREPRENEURS
    23532 CALABASAS ROAD SUITE A
    CALABASAS,CA91302     		NONE EXEMPT ENVIRONMENT 2,000
    ST FRANCIS HOUSE
    39 BOYLSTON ST
    BOSTON,MA02116     		NONE EXEMPT SOCIAL SERVICE 500
    THE BOZEMAN DHARMA CENTER
    1019 EAST MAIN ST STE 202
    BOZEMAN,MT59715     		NONE EXEMPT HEALTH 18,000
    THE HANDEL AND HAYDN SOCIETY
    9 HARCOURT ST
    BOSTON,MA02116     		NONE EXEMPT ARTS 1,000
    THE LOOMIS CHAFFEE SCHOOL
    4 BATCHELDER RD PO BOX 600
    WINDSOR,CT060959956     		NONE EXEMPT EDUCATION 5,000
    THE MONTANA RACIAL EQUITY PROJECT
    PO BOX 11885
    BOZEMAN,MT59719     		NONE EXEMPT EDUCATION 4,000
    THE PARISH OF ST MATTHEW
    1301 BIENVENEDA AVE PO BOX 37
    PACIFIC PALISADES,CA90272     		NONE EXEMPT RELIGION 10,000
    THICH NHAT HANH FOUNDATION
    2499 MELRU LN
    ESCONDIDO,CA92026     		NONE EXEMPT HEALTH 1,000
    TRUSTEES OF TUFTS UNIVERSITY
    80 GEORGE ST STE 200-3
    MEDFORD,MA021557056     		NONE EXEMPT EDUCATION 5,000
    USA FOR UNHCR
    1310 L ST NW STE 340
    WASHINGTON,DC20005     		NONE EXEMPT SOCIAL SERVICE 5,000
    US FUND FOR UNICEF
    125 MAIDEN LN
    NEW YORK,NY10038     		NONE EXEMPT HEALTH 5,000
    UNIVERSITY OF IDAHO FOUNDATION CHEMICAL ENGINEERING
    875 PERIMETER DR PO BOX 443147
    MOSCOW,ID838443147     		NONE EXEMPT EDUCATION 6,000
    UNIVERSITY OF WASHINGTON FOUNDATION CHEMICAL ENGINEERING ENDOWMENT
    1200 5TH AVE STE 500
    SEATTLE,WA981011116     		NONE EXEMPT EDUCATION 6,000
    VILLAGE HEALTH WORKS
    45 WEST 36TH ST 8TH FL
    NEW YORK,NY10018     		NONE EXEMPT HEALTH 15,000
    VIPASSANA METTA FOUNDATION
    PO BOX 1188
    KULA,HI967901188     		NONE EXEMPT EDUCATION 7,000
    WGBH
    ONE GUEST STREETPO BOX 55875
    BOSTON,MA022055875     		NONE EXEMPT EDUCATION 2,000
    WOMEN'S VOICES FOR THE EARTH
    PO BOX 8743
    MISSOULA,MT59807     		NONE EXEMPT ENVIRONMENT 2,000
    Total .................................bullet 3a 344,500
    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....     14 158,120  
    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.....     14 117,752  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,224,720  
    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 1,500,592 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,500,592
    (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.)
    11A INCOME IS FROM A DIVERSIFIED PARTNERSHIP INVESTMENT THAT GENERATES
    11A REVENUE FOR THE FOUNDATION.
    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
    CLERMONT FOUNDATION
     
    Employer identification number

    22-3177379
    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
    CLERMONT FOUNDATION
          		Employer identification number
    22-3177379
    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
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 3,471


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 3,471


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 3,471


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 3,471


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 174


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 7,898


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number
    22-3177379
    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
    7
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 5,597


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 14,752


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 3,359


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 5,433


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 7,243


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 16,360


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number
    22-3177379
    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
    13
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 1,904


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    14
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 6,209


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    15
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 15,062


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    16
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 8,018


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    17
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 11,689


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    18
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 7,993


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number
    22-3177379
    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
    19
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 5,681


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    20
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 5,176


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    21
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 9,509


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    22
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 4,417


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    23
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 4,570


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    24
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 22,814


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number
    22-3177379
    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
    25
    GARNETT L KEITH JR AND MARTHA H KEI  
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 22,833


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    26
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 32,594


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    27
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 18,756


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    28
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 21,471


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    29
    GARNETT L KEITH JR AND MARTHA H KEITH
     
    PO BOX 500
     
    LEXINGTON, MA02420

    		$ 16,849


    (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
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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
    		 100 SHARES OF INTERACTIVE BROKERS, INC. $ 5,951 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 100 SHARES OF INTERACTIVE BROKERS, INC. $ 5,951 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 100 SHARES OF INTERACTIVE BROKERS, INC. $ 5,951 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 100 SHARES OF INTERACTIVE BROKERS, INC. $ 5,951 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 5 SHARES OF INTERACTIVE BROKERS, INC. $ 298 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 240 SHARES OF INTERACTIVE BROKERS, INC. $ 14,281 2018-01-04
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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
    7
    		 170 SHARES OF INTERACTIVE BROKERS, INC. $ 10,116 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    8
    		 210 SHARES OF RED HAT INC. $ 26,074 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    9
    		 475 SHARES OF TENCENT HOLDINGS LIMITED $ 26,025 2018-01-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    10
    		 300 SHARES OF BANK OF AMERICA CORP $ 9,070 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    11
    		 400 SHARES OF BANK OF AMERICA CORP $ 12,094 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    12
    		 1,100 SHARES OF BANK OF AMERICA CORP $ 33,259 2018-01-05
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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
    13
    		 25 SHARES OF BROADCOM LIMITED $ 6,796 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    14
    		 80 SHARES OF BROADCOM LIMITED $ 21,748 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    15
    		 12,800 SHARES OF CP ALL POCL - NVDR $ 31,126 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    16
    		 5,550 SHARES OF CP ALL POCL - NVDR $ 13,496 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    17
    		 8,900 SHARES OF CP ALL POCL - NVDR $ 21,642 2018-01-05
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    18
    		 29 SHARES OF ALPHABET, INC. - CL A $ 30,937 2018-03-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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
    19
    		 19 SHARES OF ALPHABET, INC. - CL C $ 20,224 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    20
    		 109 SHARES OF APPLE, INC. $ 18,600 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    21
    		 147 SHARES OF APPLE, INC. $ 25,084 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    22
    		 58 SHARES OF BROADCOM LIMITED $ 14,158 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    23
    		 60 SHARES OF BROADCOM LIMITED $ 14,647 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    24
    		 265 SHARES OF FACEBOOK INC. $ 44,254 2018-03-22
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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
    25
    		 141 SHARES OF NASPERS LTD $ 39,523 2018-03-22
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    26
    		 1,800 SHARES OF BANK OF AMERICA CORP $ 53,883 2018-03-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    27
    		 13,000 SHARES OF CP ALL PCL - NVDR $ 36,579 2018-03-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    28
    		 370 SHARES OF HDFC BANK LTD $ 35,886 2018-03-23
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    29
    		 306 SHARES OF LIBERTY BROADBANK CORP, CLASS C $ 25,911 2018-03-23
    (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
    CLERMONT FOUNDATION
          		Employer identification number

    22-3177379
    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 InvestmentsOtherSchedule2
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    T. ROWE PRICE INT'L DISCOVER -T. ROWE AT COST 41,668 69,913
    HARBOR INTERNATIONAL -FIDELITY AT COST 285,541 270,358
    T. ROWE PRICE INTL GROWTH & INCOME -FIDELITY AT COST 2,221 1,738
    AT&T INC-SCHWAB 4262 AT COST 325 285
    GARRETT MOTION, INC.-SCHWAB 4262 AT COST 35 49
    RESIDEO TECHNOLOGIES, INC-SCHWAB 4262 AT COST 85 123
    ISHARES 0-5 YEAR HIGH YIELD CORP BOND-SCHWAB 4262 AT COST 2,343 2,228
    SCHWAB VALUE ADVANTAGE MONEY-SCHWAB 4262 AT COST 6,800 6,800
    THERMO FISHER SCIENTIFIC-SCHWAB 4262 AT COST 272 1,119
    HONEYWELL INTL-SCHWAB 4262 AT COST 1,579 2,642
    STARWOOD PPTY TRUST INC-SCHWAB 4262 AT COST 2,349 2,957
    HOME DEPOT-SCHWAB 4262 AT COST 1,259 2,749
    BANK OF AMERICA-SCHWAB 4262 AT COST 2,414 3,450
    ALPHABET INC CLASS A-SCHWAB 4262 AT COST 1,645 3,135
    APPLE INC-SCHWAB 4262 AT COST 2,169 2,682
    LOWES COMPANIES INC-SCHWAB 4262 AT COST 2,101 2,863
    AMGEN-SCHWAB 4262 AT COST 1,996 2,531
    ARES CAPITAL CORP-SCHWAB 4262 AT COST 1,629 1,558
    BLACKSTONE MORTGAGE TR-SCHWAB 4262 AT COST 1,993 2,071
    INVESCO BOND FUND-SCHWAB 4262 AT COST 2,212 2,015
    MFA FINANCIAL, INC.-SCHWAB 4262 AT COST 2,243 2,004
    SPDR DOUBLELINE-SCHWAB 4262 AT COST 2,504 2,369
    AIA GROUP LTD ORD-SCHWAB 3936 AT COST 54,745 81,351
    AT&T INC-SCHWAB 3936 AT COST 54,667 47,947
    AIR PRODUCTS & CHEMICALS INC. AT COST 49,452 49,616
    ALPHABET INC CLASS A-SCHWAB 3936 AT COST 12,609 89,867
    ALPHABET INC CLASS C-SCHWAB 3936 AT COST 9,410 67,315
    AMGEN INC-SCHWAB 3936 AT COST 40,401 56,454
    APPLE INC-SCHWAB 3936 AT COST 25,827 86,442
    BBA AVIATION PLC-SCHWAB 3936 AT COST 68,399 47,527
    BBA AVIATION PLC UNSPONSORED ADR-SCHWAB 3936 AT COST 1,391 831
    BOC AVIATION LIMITED-SCHWAB 3936 AT COST 47,181 58,466
    BANK OF AMERICA-SCHWAB 3936 AT COST 42,809 65,296
    BAIDU INC ADR-SCHWAB 3936 AT COST 50,725 36,478
    BERKSHIRE HATHAWAY CLASS B-SCHWAB 3936 AT COST 69,812 67,379
    BLACKROCK LIMITED DURATION INCOME TRUST-SCHWAB 3936 AT COST 52,513 52,277
    BLACKSTONE MORTGAGE TR-SCHWAB 3936 AT COST 65,476 69,933
    CITIGROUP INC-SCHWAB 3936 AT COST 31,280 39,305
    CHARLES SCHWAB CORP-SCHWAB 3936 AT COST 50,776 62,295
    COSTCO WHOLESALE CORP-SCHWAB 3936 AT COST 14,956 111,226
    CROWN CASTLE INTL CO-SCHWAB 3936 AT COST 65,524 83,645
    GARRETT MOTION, INC.-SCHWAB 3936 AT COST 682 1,000
    GILEAD SCIENCES, INC.-SCHWAB 3936 AT COST 81,319 61,925
    HOME DEPOT-SCHWAB 3936 AT COST 44,876 82,645
    HONEYWELL INTL-SCHWAB 3936 AT COST 44,595 82,047
    INVESCO BOND FUND-SCHWAB 3936 AT COST 2,579 2,351
    ISHARES 0-5 YEAR HIGH YIELD CORP BOND-SCHWAB 3936 AT COST 103,096 98,233
    JP MORGAN CHASE & CO-SCHWAB 3936 AT COST 29,337 85,418
    KENNEDY WILSON HOLDINGS-SCHWAB 3936 AT COST 53,143 67,047
    LOWES COMPANIES INC-SCHWAB 3936 AT COST 82,919 100,211
    MISUMI GROUUP INC ORD F-SCHWAB 3936 AT COST 31,151 50,505
    MOHAWK INDUSTRIES INC-SCHWAB 3936 AT COST 47,625 37,427
    PIGEON CORP-SCHWAB 3936 AT COST 11,613 66,107
    RESIDEO TECHNOLOGIES, INC-SCHWAB 3936 AT COST 1,319 2,096
    SCHWAB GOVERNMENT MONEY FUND-SCHWAB 3936 AT COST 1,075,100 1,075,100
    SINGAPORE TECHNOLOGIES ENGINEERING LTD-SCHWAB 3936 AT COST 79,792 74,528
    SPDR DOUBLELINE-SCHWAB 3936 AT COST 2,504 2,369
    STARWOOD PPTY TRUST-SCHWAB 3936 AT COST 56,196 64,353
    THERMO FISHER SCIENTIFIC-SCHWAB 3936 AT COST 16,250 67,137
    US TREASURY BILL DUE 1/24/19-SCHWAB 3936 AT COST 167,764 167,762
    ARES CAPITAL CORP-SCHWAB 3936 AT COST 57,123 57,646
    ASCENDAS REAL ESTATE-SCHWAB 3936 AT COST 92,046 92,223
    AXALTA COATING SYSTEMS-SCHWAB 3936 AT COST 63,831 52,929
    DEUTSCH POST-SCHWAB 3936 AT COST 45,383 45,385
    DEUTSCH POST SPONSORED ADR-SCHWAB 3936 AT COST 2,065 2,050
    DREAM GLOBAL REIT TRUST-SCHWAB 3936 AT COST 59,809 71,677
    IBM CORP-SCHWAB 3936 AT COST 73,814 51,493
    MFA FINANCIAL, INC.-SCHWAB 3936 AT COST 90,096 79,692
    MICROSOFT CORP AT COST 39,603 75,873
    NESTLE SA-SCHWAB 3936 AT COST 64,331 69,626
    NEW RESIDENTIAL INVESTORS-SCHWAB 3936 AT COST 69,151 65,934
    PFIZER INCORPORATED-SCHWAB 3936 AT COST 49,713 64,166
    TAIWAN SEMICONDUCTR-SCHWAB 3936 AT COST 54,861 73,266
    TENCENT HOLDINGS-SCHWAB 3936 AT COST 10,602 80,201
    ADVANCE AUTO PARTS, INC.-SCHWAB 8967 AT COST 19,672 26,768
    BANK OF AMERICA-SCHWAB 8967 AT COST 19,499 32,352
    BERKSHIRE HATHAWAY CLASS B-SCHWAB 8967 AT COST 27,627 28,585
    CAL-MAINE FOODS, INC.-SCHWAB 8967 AT COST 18,855 19,373
    CELGENE CORPORATION-SCHWAB 8967 AT COST 17,480 16,023
    CIMPRESS NV-SCHWAB 8967 AT COST 14,884 13,858
    COLFAX CORP-SCHWAB 8967 AT COST 17,298 12,770
    COMCAST CORPORATION CLASS A-SCHWAB 8967 AT COST 19,209 18,387
    DOLLAR GENERAL-SCHWAB 8967 AT COST 18,179 22,697
    FAIRFAX FINANCIAL HOLDINGS LIMITED-SCHWAB 8967 AT COST 30,235 27,303
    FAIRFAX INDIA HOLDINGS CORP SUB VTG SHS-SCHWAB 8967 AT COST 18,849 15,047
    GCI LIBERTY, INC. CLASS A-SCHWAB 8967 AT COST 39,821 34,657
    JEFFERIES FINANCIAL GROUP, INC.-SCHWAB 8967 AT COST 40,062 29,113
    KROGER CO-SCHWAB 8967 AT COST 25,993 28,160
    LIBERTY EXPEDIA HOLDINGS, INC.-SCHWAB 8967 AT COST 18,613 19,242
    LIBERTY GLOBAL INC.-SCHWAB 8967 AT COST 30,656 20,929
    LIBERTY LATIN AMERICA LTD CLASS C-SCHWAB 8967 AT COST 65,755 38,902
    LIBERTY MEDICA CORP-SCHWAB 8967 AT COST 16,964 18,788
    LIBERTY SIRIUS GROUP C-SCHWAB 8967 AT COST 7,827 6,989
    NOW INC-SCHWAB 8967 AT COST 23,568 23,117
    POST HOLDINGS INC-SCHWAB 8967 AT COST 25,423 32,354
    QURATE RETAIL GROUP, INC.-SCHWAB 8967 AT COST 30,041 26,450
    SCHWAB GOVERNMENT MONEY FUND-SCHWAB 8967 AT COST 53,700 53,700
    SPECTRUM BRANDS HOLDINGS, INC.-SCHWAB 8967 AT COST 26,454 15,633
    TENCENT HOLDINGS-SCHWAB 8967 AT COST 17,127 13,025
    TWENTY-FIRST CENTURY FOX, INC.-SCHWAB 8967 AT COST 12,795 16,389

    TY 2018 OtherAssetsSchedule
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SEABRIDGE ASIA REDUX, LLC 262,896 261,816 314,402
    JASPER RIDGE PRIV OPPORTUNITIES TS LP 207,683 190,368 204,636
    JASPER RIDGE PRIV OPPORTUNITIES II(TE) LP 516,379 717,921 717,921
    10TALENTS PRIVATE FUND I, LP 257,261 442,055 442,055
    10TALENTS PRIVATE FUND II, LP 0 135,435 135,435


    TY 2018 OtherExpensesSchedule
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR & OTHER INVESTMENT FEES 160 160   0
    OTHER FOUNDATION EXPENSES 1,318 659   659
    POSTAGE 93 47   46


    TY 2018 OtherIncomeSchedule2
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP NET INCOME 117,752 114,971 117,752


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2016 TAX PREPARATION AND ACCOUNTING FEES 16,990 13,592   3,398
    2017 TAX PREPARATION AND ACCOUNTING FEES 17,840 14,273   3,567


    TY 2018 TaxesSchedule
    Name:
    CLERMONT FOUNDATION
    EIN:
    22-3177379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,568 5,568   0
    2018 FORM 990-PF EXCISE TAX PAYMENT 10,000 0   0