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
EASTMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 431
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
KINGSPORT, TN37662
A Employer identification number

62-1614800
B Telephone number (see instructions)

(423) 229-6407
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$4,966,204J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,547,484
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 140,528 140,528  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,688,012 140,528  
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)....... Click to see attachment 20,620 15,465   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,306 2,306   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 16,315 12,500   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 39,241 30,271   0
25 Contributions, gifts, grants paid....... 3,713,281 3,713,281
26 Total expenses and disbursements. Add lines 24 and 25 3,752,522 30,271   3,713,281
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,064,510
b Net investment income (if negative, enter -0-) 110,257
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.............      
2 Savings and temporary cash investments......... 994,718 1,218,280 1,218,280
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,652,522 Click to see attachment1,652,522 3,713,842
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment29,404 Click to see attachment34,082 Click to see attachment34,082
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,676,644 2,904,884 4,966,204
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 612,577 1,905,327
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)......... 612,577 1,905,327
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.................. 2,064,067 999,557
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 2,064,067 999,557
31 Total liabilities and net assets/fund balances (see instructions). 2,676,644 2,904,884
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
2,064,067
2
Enter amount from Part I, line 27a .....................
2
-1,064,510
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
999,557
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
999,557
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 2,209,755 5,395,195 0.409578
2016 2,474,461 4,475,378 0.552905
2015 2,512,720 4,012,779 0.626180
2014 2,505,234 4,538,154 0.552038
2013 2,620,318 4,508,956 0.581136
2
Total of line 1, column (d) .....................
2
2.721837
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
0.544367
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,846,137
5
Multiply line 4 by line 3......................
5
2,638,077
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,103
7
Add lines 5 and 6........................
7
2,639,180
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,713,281
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 1,103
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 1,103
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 1,103
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
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 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 44
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,147
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletTN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletHTTPS://EASTMANFOUNDATION.COM/
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (423) 229-6407

    Located atbulletPO BOX 431KINGSPORTTN ZIP+4bullet37662
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    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
    PERRY STUCKEY DIRECTOR
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    SHALINI RAJOO CORPORATE SECRETARY
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    WILLIE MCLAIN DIRECTOR & TREASURER
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    CEEGEE MCCORD DIRECTOR & VICE PRESIDENT
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    KAREN GUSKE DIRECTOR & VICE PRESIDENT
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    DAVID GOLDEN DIRECTOR & PRESIDENT
    0.00     		0 0 0
    PO BOX 431
    KINGSPORT,TN37662
    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
    4,812,055
    b
    Average of monthly cash balances.......................
    1b
    1,370,286
    c
    Fair market value of all other assets (see instructions)................
    1c
    34,082
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,216,423
    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
    6,216,423
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    1,370,286
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,846,137
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    242,307
    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
    242,307
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,103
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,103
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    241,204
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    241,204
    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
    241,204
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,713,281
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,713,281
    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
    1,103
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,712,178
    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 7 241,204
    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...... 2,404,882
    b From 2014...... 2,279,360
    c From 2015...... 2,313,407
    d From 2016...... 2,226,836
    e From 2017...... 1,942,275
    fTotal of lines 3a through e........ 11,166,760
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,713,281
    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..... 241,204
    e Remaining amount distributed out of corpus 3,472,077
    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 14,638,837
    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) ...     		2,404,882
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		12,233,955
    10 Analysis of line 9:
    a Excess from 2014.... 2,279,360
    b Excess from 2015.... 2,313,407
    c Excess from 2016.... 2,226,836
    d Excess from 2017.... 1,942,275
    e Excess from 2018.... 3,472,077
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CEEGEE MCCORD
    PO BOX 431
    KINGSPORT,TN37662
    (423) 229-6407
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT APPLICATION, A COPY OF THEIR 501(C)(3) TAX EXEMPT LETTER, AND AN INVOICE
    cAny submission deadlines:
    JULY 31ST OF THE PREVIOUS YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTRIBUTIONS ARE USUALLY DIRECTED TOWARD COMMUNITIES IN WHICH COMPANY HAS OPERATING UNITS. THE COMPANY DOES NOT MAKE CASH CONTRIBUTIONS TO INDIVIDUAL AGENCIES SUPPORTED BY THE AREA UNITED WAY ORGANIZATION. GENERALLY, CONTRIBUTIONS ARE NOT MADE TO INDIVIDUALS, TEAMS, LABOR, VETERANS, FRATERNAL, SOCIAL, RELIGIOUS, POLITICAL, OR NATIONAL HEALTH ORGANIZATIONS.
    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
    AETHER INC
    2021 MEADOWVIEW LAND
    KINGSPORT,TN37660     		NONE PC OPERATIONS 200,000
    AMERICAN CANCER SOCIETY
    508 PRINCETON ROAD
    JOHNSON CITY,TN37601     		NONE PC RELAY FOR LIFE 500
    AMERICAN INSTITUTE OF CHEMICAL ENGINEERS
    120 WALL STREET
    NEW YORK,NY10005     		NONE PC GRANT 500
    APPALACHIAN MILES FOR SMILES
    1105 WEST STONE DRIVE
    KINGSPORT,TN37660     		NONE NC CHARITABLE CONTRIBUTIONS 10,000
    APPALACHIAN SUSTAINABLE DEVELOPMENT
    1096 OLD BERRY DRIVE
    ABINGDON,VA24210     		NONE PC GRANT 20,000
    AVOCA ELEMENTARY SCHOOL
    2440 VOLUNTEER PARKWAY
    BRISTOL,TN37620     		NONE I SCHOLARSHIP 700
    AXTON ELEMENTARY SCHOOL
    1500 AXTON ROAD
    AXTON,VA24054     		NONE I SCHOLARSHIP 1,000
    BARTER THEATER
    127 W MAIN STREET
    ABINGDON,VA24210     		NONE I STUDENT MATINEE PROGRAM 15,000
    BAY AREA COUNCIL
    353 SACREMENTO ST 10TH FLOOR
    SAN FRANCISCO,CA94111     		NONE PC CHARITABLE CONTRIBUTIONS 1,000
    BLOUNTVILLE ELEMENTARY SCHOOL
    1651 BLOUNTVILLE BLVD
    BLOUNTVILLE,TN37617     		NONE I SCHOLARSHIPS 2,800
    BRISTOL TN CITY SCHOOLS
    615 MLK JR BLVD
    BRISTOL,TN37620     		NONE I SCHOLARSHIP 1,400
    BULLS GAP ELEMENTARY SCHOOL
    315 ALLEN DRIVE
    BULLS GAP,TN37711     		NONE I SCHOLARSHIP 700
    CAMPBELL COURT ELEMENTARY SCHOOL
    220 CAMPBELL COURT
    BASSETT,VA24055     		NONE I SCHOLARSHIP 250
    CARLISLE SCHOOL
    300 CARLISLE ROAD
    MARTINSVILLE,VA24115     		NONE I SCHOLARSHIP 250
    CARTERS VALLEY ELEMENTARY SCHOOLS
    1006 N CENTRAL AVE
    CHURCH HILL,TN37642     		NONE I SCHOLARSHIPS 400
    CENTRAL HEIGHS ELEMETARY SCHOOL
    158 CENTRAL HEIGHTS RD
    BLOUNTVILLE,TN37617     		NONE I SCHOLARSHIPS 700
    CHEMICAL EDUCATION FOUNDATION
    1560 WILSON BLVD
    ARLINGTON,VA22209     		NONE PC CEF GENERAL CONTRIBUTION 15,000
    CHEROKEE ELEMENTARY SCHOOL
    2100 CHEROKEE ROAD
    JOHNSON CITY,TN37604     		NONE I SCHOLARSHIP 700
    CHRISTUS GOOD SHEPHERD MIDDLE SCHOO
    2525 OLD JACKSONVILLE HWY
    TYLER,TX75701     		NONE I EASTMAN GRANT 5,000
    CHURCH HILL ELEMENTARY SCHOOL
    400 OLD STAGE ROAD
    CHURCH HILL,TN37642     		NONE I SCHOLARSHIP 1,400
    CHURCH HILL MIDDLE SCHOOL
    211 OAK STREET
    CHURCH HILL,TN37642     		NONE I SCHOLARSHIP 800
    CLEMSON UNIVERSITY
    CLEMSON
    CLEMSON,SC29634     		NONE PC GRANT 3,250
    CONSORTIUM FOR OCEAN LEADERSHIP
    1201 NEW YORK AVENUE
    WASHINGTON,DC20005     		NONE PC NOSB SPONSORSHIP 25,120
    DISCOVERE
    1420 KING STREET
    ALEXANDRIA,VA22314     		NONE PC NATIONAL ENGINEERS WEEK 5,000
    DOBYNS-BENNETT HIGH SCHOOL
    1 TRIBE WAY
    KINGSPORT,TN37664     		NONE I VOLUNTEER STATE SCIENCE BOWL 6,500
    EAST TENNESSEE STATE UNIVERSITY
    1276 GILBREATH DRIVE
    JOHNSON CITY,TN37614     		NONE PC REGIONAL SCIENCE FAIR, ACADEMIC ALLIANCE, MATHLETES PROGRAM 71,511
    EAST TEXAS ALZHEIMER'S ALLIANCE
    1125 JUDSON RD SUITE 100
    LONGVIEW,TX75601     		NONE PC CHARITABLE CONTRIBUTIONS 1,000
    EAST TEXAS ANGEL NETWORK
    PO BOX 9544
    LONGVIEW,TX75608     		NONE PC GRANT 2,500
    EAST TEXAS LITERACY NETWORK
    320 E METHVIN ST
    LONGVIEW,TX75601     		NONE PC EASTMAN GRANT 2,500
    EAST TEXAS SYMPHONIC BAND
    PO BOX 251
    LONGVIEW,TX75606     		NONE PC GRANT 1,500
    EASTER SEALS
    141 W JACKSON BLVD
    CHICAGO,IL60604     		NONE PC CAMP FAIRLEE 500
    ECHO HILL OUTDOOR SCHOOL
    13655 BLOOMINGNECK ROAD
    WORTON,MD21678     		NONE I EASTMAN GRANT 500
    FAIRMONT ELEMENTARY SCHOOL
    1405 LESTER HARRIS AVE
    KINGSPORT,TN37601     		NONE I SCHOLARSHIP 1,100
    FALL BRANCH ELEMENTARY SCHOOL
    1061 TN-93
    FALL BRANCH,TN37656     		NONE I SCHOLARSHIPS 700
    FIELDALE-COLLINSVILLE MIDDLE SCHOOL
    645 MILES RD
    COLLINSVILLE,VA24078     		NONE I SCHOLARSHIPS 1,000
    FIRST BOOK - GREATER KINGSPORT
    1319 F ST NW
    WASHINGTON,DC20004     		NONE PC OPERATIONS 3,000
    FIRST
    200 BEDFORD STREET
    MANCHESTER,NH03101     		NONE PC EASTMAN GRANT 5,000
    GARFIELD CENTER FOUNDATION INC
    210 HIGH ST
    CHESTERTOWN,MD21620     		NONE PC CHARITABLE CONTRIBUTIONS 2,500
    GATE CITY HIGH SCHOOL
    178 HARRY FRY DRIVE
    GATE CITY,VA24251     		NONE PC US FIRST TECH CHALLENGE 700
    GEORGE WASHINGTON CARVER ELEMENTARY
    5393 QUINCY AVENUE
    CLEVELAND,OH44104     		NONE I SCHOLARSHIPS 1,500
    GEORGIA INSTITUTE OF TECHNOLOGY
    NORTH AVENUE NW
    ATLANTA,GA30332     		NONE PC DEPARTMENT OF ENGINEERING 2,200
    GRANDVIEW ELEMENTARY SCHOOL
    2891 HIGHWAY 11E
    TELFORD,TN37690     		NONE I SCHOLARSHIPS 700
    GRAY ELEMENTARY SCHOOL
    755 GRAY STATION ROAD
    GRAY,TN37615     		NONE I SCHOLARSHIPS 700
    GREATER KINGSPORT FAMILY YMCA
    1840 MEADOWVIEW PKWY
    KINGSPORT,TN37660     		NONE PC CHARITABLE CONTRIBUTIONS 25,000
    GREATER LONGVIEW ORG FOR BUSINESS AND EDUCATION
    PO BOX 3441
    LONGVIEW,TX75606     		NONE PC EASTMAN GRANT 6,000
    GREATER LONGVIEW UNITED WAY
    310 S FREDONIA ST
    LONGVIEW,TX75601     		NONE PC EASTMAN GRANT 28,000
    GREGG CO HISTORICAL MUSEUM
    214 N FREDONIA STREET
    LONGVIEW,TX75601     		NONE PC OPERATIONS 500
    HANDS ON REGIONAL MUSEUM
    315 E MAIN STREET
    JOHNSON CITY,TN37601     		NONE PC EXHIBIT SPONSORSHIP 10,000
    HAWKINS COUNTY SCHOOLS
    200 N DEPOT STREET
    ROGERSVILLE,TN37857     		NONE I SCHOLARSHIP 700
    HAYNESFIELD ELEMENTARY SCHOOL
    201 BLUFF CITY HWY
    BRISTOL,TN37620     		NONE I SCHOLARSHIP 2,500
    HOLSTON HABITIAT FOR HUMANITY AND RESTORE
    100 GREENWOOD LANE
    KINGSPORT,TN37663     		NONE PC OPERATIONS 20,000
    HOLSTON SECTION ASME
    TWO PARK AVENUE
    NEW YORK,NY10016     		NONE PC EGG DROP 500
    HOLSTON VALLEY MIDDLE SCHOOL
    1717 BRISTOL CAVERNS HWY
    BRISTOL,TN37620     		NONE I SCHOLARSHIP 700
    HOLSTON VIEW ELEMENTARY SCHOOL
    1840 KING COLLEGE ROAD
    BRISTOL,TN37620     		NONE I SCHOLARSHIP 1,800
    HOOK SPIT JUNIOR ANGLERS ASSOCIATION
    1247 BUTLER ROAD
    LEAGUE CITY,TX77573     		NONE PC CHARITABLE CONTRIBUTIONS 500
    INDIAN TRAIL INTERMEDIATE SCHOOL
    307 CAR-MOL DRIVE
    JOHNSON CITY,TN37601     		NONE I SCHOLARSHIP 800
    INSIGHT
    43 JEFFERSON BOULEVARD
    WARWICK,RI02888     		NONE PC CHARITABLE CONTRIBUTIONS 5,000
    JOHN ADAMS ELEMENTARY SCHOOL
    2727 EDINBURGH CHANNEL ROAD
    KINGSPORT,TN37664     		NONE I SCHOLARSHIP 700
    JOHN SEVIER MIDDLE SCHOOL
    1200 WATEREE ST
    KINGSPORT,TN37660     		NONE I SCHOLARSHIPS 2,700
    JOHNSON CITY SCHOOLS
    100 EAST MAPLE STREET
    JOHNSON CITY,TN37601     		NONE I SCHOLARSHIP 1,500
    JOSEPH ROGERS PRIMARY SCHOOL
    2001 E MAIN ST
    ROGERSVILLE,TN37857     		NONE I SCHOLARSHIPS 1,400
    JUNIOR ACHIEVEMENT OF EAST TEXAS
    911 W LOOP 281
    LONGVIEW,TX75604     		NONE PC FINANCE CLASSES 6,000
    JUNIOR ACHIEVEMENT OF THE TRI CITIES
    330 BROAD STREET
    KINGSPORT,TN37660     		NONE PC 2018 PLEDGE 30,000
    JUNIOR LEAGUE OF LONGVIEW
    1109 N 4TH STREET
    LONGVIEW,TX75601     		NONE PC OPERATIONS 2,500
    K-PLAY SPORTS COUNCIL TOTAL
    400 CLINCHFIELD STREET STE 100
    KINGSPORT,TN37660     		NONE PC MIRACLE FIELD 100,000
    KENT -QUEEN ANNE'S RESCUE SQUAD
    140 MORGNEC RD
    CHESTERTOWN,MD21620     		NONE PC OPERATIONS 500
    KENT ASSOCIATION OF RIDING THERAPY INC
    PO BOX 126
    WORTON,MD21678     		NONE PC RIDING THERAPY PROGRAM 500
    KENT COUNTY COMMUNITY FOOD BANK
    401 HIGH ST
    CHESTERTOWN,MD21620     		NONE PC OPERATIONS 1,000
    KETRON ELEMENTARY SCHOOL
    3301 BLOOMINGDALE RD
    KINGSPORT,TN37660     		NONE I SCHOLARSHIPS 700
    KFA NONPROFIT FUNDING SOLUTIONS
    207 N BOONE ST 26
    JOHNSON CITY,TN37604     		NONE PC CHARITABLE CONTRIBUTIONS 3,600
    KILGORE COLLEGE
    1100 BROADWAY BLVD
    KILGORE,TX75662     		NONE I CHEMISTRY DEPARTMENT GRANT 75,000
    KING UNIVERSITY
    1350 KING COLLEGE RD
    BRISTOL,TN37620     		NONE I CHEMISTRY DEPARTMENT 1,000
    KINGSPORT ART GUILD
    1200 E CENTER STREET
    KINGSPORT,TN37660     		NONE PC 2018 APPALACHIAN ART SHOW 3,000
    KINGSPORT CHAMBER FOUNDATION
    400 CLINCHFIELD ST 100
    KINGSPORT,TN37660     		NONE PC EASTMAN GRANT; STREAMWORKS 51,440
    KINGSPORT CITY SCHOOLS
    400 CLINCHFIELD ST STE 200
    KINGSPORT,TN37660     		NONE I SCHOLARSHIP 32,700
    KINGSPORT THEATRE GUILD
    1200 E CENTER STREET
    KINGSPORT,TN37660     		NONE PC OPERATIONS 1,000
    LAKE RIDGE ELEMENTARY SCHOOL
    1001 LAKE RIDGE SQUARE
    JOHNSON CITY,TN37601     		NONE I SCHOLARSHIPS 1,100
    LAMAR SCHOOL
    3261 HWY 81 S
    JONESBOROUGH,TN37615     		NONE I SCHOLARSHIP 1,400
    LAUREL PARK MIDDLE SCHOOL
    280 LAUREL PARK AVE
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIP 500
    LETOURNEAU UNIVERSITY
    2100 S MOBBERLY AVE
    LONGVIEW,TX75602     		NONE I AMERICAN SOCIETY OF MECHANICAL ENGINEERS 500
    LETOURNEAU UNIVERSITY
    2100 S MOBBERLY AVE
    LONGVIEW,TX75602     		NONE I INSTITUTE ELECTRONICS & ELECTRICAL ENGINEERS 500
    LIBERTY BELL MIDDLE SCHOOL
    718 MORNINGSIDE DR
    JOHNSON CITY,TN37604     		NONE I SCHOLARSHIP 700
    LINCOLN ELEMENTARY SCHOOL
    1000 SUMMER ST
    KINGSPORT,TN37664     		NONE I SCHOLARSHIP 700
    LIPSCOMB UNIVERSITY
    1 UNIVERSITY PARK DR
    NASHVILLE,TN37204     		NONE I 5 YEAR SERVICE INITIATIVES 10,000
    LITERACY COUNCIL OF KINGSPORT
    326 COMMERCE ST
    KINGSPORT,TN37660     		NONE PC LITERACY LEGACY PROJECT 5,000
    LONGVIEW AREA CHAMBER OF COMMERCE
    410 N CENTER ST
    LONGVIEW,TX75601     		NONE PC CHARITABLE CONTRIBUTIONS 30,000
    LONGVIEW COMMUNITY MINISTRIES
    506 N SECOND ST
    LONGVIEW,TX75601     		NONE PC OPERATIONS 2,500
    LONGVIEW GREGGTON ROTARY CHARITIES
    209 E SOUTH STREET
    LONGVIEW,TX75601     		NONE PC DONATION 2,500
    LONGVIEW INTERFAITH HOSPITALITY NETWORK
    700 N EDITH ST
    LONGVIEW,TX75601     		NONE PC DONATION 1,500
    LONGVIEW ISD EDUCATION FOUNDATION
    1301 EAST YOUNG ST
    LONGVIEW,TX75602     		NONE PC DONATION 1,000
    LOUISIANA TECH UNIVERSITY
    201 MAYFIELD AVE
    RUSTON,LA71270     		NONE I NSBE, STUDENT ORGANIZATIONS 8,750
    LSU FOUNDATION
    3796 NICHOLSON DR
    BATON ROUGE,LA70802     		NONE PC AMERICAN INSTITUTE OF CHEMICAL ENGINEERS CONFERENCE SPONSORSHIP 12,260
    MAGNA VISTA HIGH SCHOOL
    701 MAGNA VISTA SCHOOL RD
    RIDGEWAY,VA24148     		NONE I SCHOLARSHIPS 250
    MARCO ISLAND ACADEMY
    2255 SAN MARCO RD
    MARCO ISLAND,FL34145     		NONE I SCHOLARSHIPSSCHOLARSHIPS 5,000
    MARTINSVILLE CITY PUBLIC SCHOOLS
    746 INDIAN TRAIL POST OFFICE BOX
    5548
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIP 7,750
    MEADOWVIEW ELEMENTARY
    740 FIGSBORO ROAD
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIPS 250
    MIRACOSTA COLLEGE FOUNDATION
    ONE BARNARD DR
    OCEANSIDE,CA92056     		NONE PC GREAT BLUE CHALLENGE 15,000
    MOUNT OLIVET ELEMENTARY
    255 LANCER LN
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIPS 750
    MOUNTAIN MISSION SCHOOL
    1760 EDGEWATER DR
    GRUNDY,VA24614     		NONE I DIGITAL CURRICULUM, OPERATIONS 1,000,000
    MOUNTAIN VIEW ELEMENTARY SCHOOL
    907 KING SPRINGS RD
    JOHNSON CITY,TN37601     		NONE I SCHOLARSHIP 1,100
    NATIONAL MERIT SCHOLARSHIP CORPORATION
    1560 SHERMAN AVE SUITE 200
    EVANSTON,IL60201     		NONE PC SCHOLARSHIP 27,600
    NC STATE UNIVERSITY
    NC STATE
    RALEIGH,NC27695     		NONE I OPERATIONS 1,000
    NEW DIANA INDEPENDENT SCHOOL DISTRI
    1373 US-259
    DIANA,TX75640     		NONE I SCHOLARSHIPS 500
    NICKELSVILLE ELEMENTARY SCHOOL
    11415 NICKELSVILLE HWY
    NICKELSVILLE,VA24271     		NONE I SCHOLARSHIPS 700
    NISWONGER CHILDREN'S RESOURCE CENTER
    400 N STATE OF FRANKLIN RD
    JOHNSON CITY,TN37604     		NONE PC CHARITABLE CONTRIBUTIONS 10,000
    NORTH AMERICAN PROCESS TECHNOLOGY ALLIANCE
    1501 N AMBURN RD 3
    TEXAS CITY,TX77591     		NONE PC CHARITABLE CONTRIBUTIONS 1,600
    NORTH SIDE ELEMENTARY SCHOOL
    1000 N ROAN ST
    JOHNSON CITY,TN37601     		NONE I SCHOLARSHIP 700
    NORTHEAST TN COLLEGE
    2425 TN-75
    BLOUNTVILLE,TN37617     		NONE I SCHOLARSHIPS 3,000
    OGLETHORPE CHARTER SCHOOL
    7202 CENTRAL AVE
    SAVANNAH,GA31406     		NONE   GREAT BLUE CHALLENGE 5,000
    OLIVET PRESBYTERIAN CHURCH FOOD BANK
    2575 GARTH RD
    CHARLOTTESVILLE,VA22901     		NONE PC OPERATIONS 4,500
    PANOLA COLLEGE SCHOOL OF ENERGY
    1109 W PANOLA
    CARTHAGE,TX75633     		NONE I SCHOLARSHIPS 1,000
    PATRICK HENRY COMMUNITY COLLEGE FOU
    645 PATRIOT AVE
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIPS 1,500
    PRAIRIE VIEW AM UNIVERSITY
    100 UNIVERSITY DR
    PRAIRIE VIEW,TX77446     		NONE I SCHOLARSHIPS 4,000
    PURDUE UNIVERSITY FOUNDATION
    610 PURDUE MALL
    WEST LAFAYETTE,IN47907     		NONE PC CHEMICAL ENGINEERING DEPARTMENT GRANT 10,000
    RADCLIFFE CREEK SCHOOL
    201 TALBOT BLVD SUITE A
    CHESTERTOWN,MD21620     		NONE I SCHOLARSHIP 1,000
    RANDOLPH PARK ELEMENTARY SCHOOL
    2200 W 17TH ST
    ANNISTON,AL36201     		NONE I SCHOLARSHIPS 2,000
    REAL COWBOY ASSOCIATION
    1010 MALEDON DR
    LONGVIEW,TX75602     		NONE PC SCHOLARSHIP FUND 5,000
    REFUGE INTERNATIONAL
    104 MONTGOMERY ST
    GILMER,TX75644     		NONE PC OPERATIONS 1,000
    RICH ACRES ELEMENTARY
    400 RICH ACRES SCHOOL RD
    MARTINSVILLE,VA24112     		NONE I SCHOLARSHIPSMARTINSVILLE 250
    RIDGEVIEW ELEMENTARY SCHOOL
    252 SAM JENKINS RD
    JOHNSON CITY,TN37615     		NONE I SCHOLARSHIP 700
    ROCK SPRINGS ELEMENTARY SCHOOL
    1238 MORELAND DR
    KINGSPORT,TN37664     		NONE I SCHOLARSHIP 1,400
    ROGERSVILLE MIDDLE SCHOOL
    958 E MCKINNEY AVE
    ROGERSVILLE,TN37857     		NONE I SCHOLARSHIPS 700
    ROSC GLOBAL
    155 SOMERSET ST
    BELMONT,MA02478     		NONE PC THE OVERMOUNTAIN PROJECT 100,000
    ROSS N ROBINSON MIDDLE SCHOOL
    1517 JESSEE ST
    KINGSPORT,TN37664     		NONE I SCHOLARSHIPS 1,400
    SALVATION ARMY
    615 SLATERS LN
    ALEXANDRIA,VA22314     		NONE PC OPERATIONS 1,500
    SANVILLE ELEMENTARY SCHOOL
    19 SANVILLE SCHOOL RD
    BASSETT,VA24055     		NONE I SCHOLARSHIP 500
    SCIENCE SPARK
    3663 LONE DOVE LANE
    ENCINITAS,CA92024     		NONE PC CHARITABLE CONTRIBUTIONS 6,250
    SCORE
    112 E MYRTLE AVE
    JOHNSON CITY,TN37601     		NONE PC OPERATIONS 10,000
    SCOTT COUNTY SCHOOLS
    340 EAST JACKSON STREET
    GATE CITY,VA24251     		NONE I SCHOLARSHIP 1,400
    SEESAW CHILDREN'S PLACE
    1450 W FAIRMONT ST
    LONGVIEW,TX75604     		NONE PC OPERATIONS 1,500
    SISTERS PLACE INC
    418 MITCHELL AVE
    CLAIRTON,PA15025     		NONE PC CHARITABLE CONTRIBUTIONS 2,500
    SOUTH SIDE ELEMENTARY SCHOOL
    1011 SOUTHWEST AVE
    JOHNSON CITY,TN37604     		NONE I SCHOLARSHIP 700
    ST CLAIR ELEMENTARY SCHOOL
    1350 MELINDA FERRY RD
    BULLS GAP,TN37711     		NONE I SCHOLARSHIP 700
    STREAMWORKS INC
    400 CLINCHFIELD STREET STE 100
    KINGSPORT,TN37660     		NONE PC STREAMWORKS STREAMGYM PLEDGE 497,750
    SULLIVAN CENTRAL HIGH SCHOOL
    131 SHIPLEY FERRY RD
    BLOUNTVILLE,TN37615     		NONE I SCHOLARSHIPS 700
    SULLIVAN COUNTY IMAGINATION LIBRARY
    PO BOX 3045
    KINGSPORT,TN37664     		NONE PC OPERATIONS 5,000
    SULLIVAN COUNTY SCHOOLS
    154 BLOUNTVILLE BYPASS PO BOX 306
    BLOUNTVILLE,TN37617     		NONE I SCHOLARSHIP 1,400
    SULLIVAN NORTH HIGH SCHOOL
    2533 N JOHN B DENNIS HWY
    KINGSPORT,TN37660     		NONE I SCHOLARSHIPS 700
    SULLIVAN NORTH MIDDLE SCHOOL
    2533 N JOHN B DENNIS HWY
    KINGSPORT,TN37660     		NONE I SCHOLARSHIPS 700
    SULPHUR SPRINGS ELEMENTARY SCHOOL
    1516 GRAY STATION SULPHUR SPRINGS
    RD
    JONESBOROUGH,TN37659     		NONE I SCHOLARSHIP 1,400
    SURGOINSVILLE ELEMENTARY SCHOOL
    1010 MAIN ST
    SURGOINSVILLE,TN37873     		NONE I SCHOLARSHIP 1,800
    SYMPHONY OF MOUNTAINS
    1200 E CENTER STREET 311
    KINGSPORT,TN37660     		NONE PC OPERATIONS 30,000
    TCISD FOUNDATION FOR THE FUTURE
    1700 NINTH AVENUE NORTH
    TEXAS CITY,TX77590     		NONE PC CHARITABLE CONTRIBUTIONS 12,000
    TENNESSEE STATE SCHOLARS
    3500 JOHN A MERRITT BLVD
    NASHVILLE,TN37209     		NONE PC SCHOLARSHIP 5,000
    TENNESSEE TECH UNIVERSITY
    1 WILLIAM L JONES DR
    COOKEVILLE,TN38505     		NONE PC CHARITABLE CONTRIBUTION, STUDENT ORGINIZATIONS 12,000
    TEXAS A&M UNIVERSITY
    400 BIZZELL ST
    COLLEGE STATION,TX77843     		NONE SCHOLARSHIP SOPHMORE RETREAT, WOMEN ENGINEERS, CAREER CENTER, NSBE 20,000
    TEXAS CONSERVATION FOND
    1655 N FORT MYER DRIVE SUITE 1300
    ARLINGTON,VA22209     		NONE PC TRASH BASH 2018 1,000
    TEXAS ENGINEERING FOUNDATION
    1001 S CONGRESS AVE 260
    AUSTIN,TX78704     		NONE PC OPERATIONS 2,000
    THE BIOBUILDER EDUCATIONAL FOUNDATI
    78 DALTON ROAD
    NEWTON,MA02459     		NONE I SCHOLARSHIPS 65,000
    THE NATURE CONSERVANCY IN TENNESSEE
    210 25TH AVE N 810
    NASHVILLE,TN37203     		NONE PC NATURE CONSERVANCY 105,000
    THE TSTC FOUNDATION
    3801 CAMPUS DRIVE
    WACO,TX76705     		NONE PC CHARITABLE CONTRIBUTIONS 1,000
    TOWNE ACRES ELEMENTARY SCHOOL
    2310 LARKSPUR DR
    JOHNSON CITY,TN37604     		NONE I SCHOLARSHIP 1,500
    TRI-CITIES MILITARY AFFAIRS COUNCIL INC
    124 GLENDORA DRIVE
    KINGSPORT,TN37663     		NONE PC CHARITABLE CONTRIBUTIONS 10,000
    TYLER JUNIOR COLLEGE
    1327 S BAXTER AVE
    TYLER,TX75701     		NONE I SCHOLARSHIP 10,000
    UNITED METHODIST CHURCH UNION
    971 BEECH AVENUE
    PITTSBURGH,PA15233     		NONE PC KIDS MEAL NETWORK PROGRAM 3,000
    UNITED WAY GALVESTON
    2200 MARKET ST 850
    GALVESTON,TX77550     		NONE PC CHARITABLE CONTRIBUTION 11,000
    UNITED WAY OF EAST CENTRAL ALABAMA
    1505 WILMER AVE
    ANNISTON,AL36201     		NONE PC OPERATIONS 5,000
    UNITED WAY OF GREATER KINGSPORT
    301 LOUIS ST SUITE 201
    KINGSPORT,TN37660     		NONE PC OPERATIONS 138,000
    UNITED WAY OF HENRY COUNTY & MARTINSVILLE
    149 E MAIN ST
    MARTINSVILLE,VA24112     		NONE PC OPERATIONS 10,000
    UNITED WAY OF MIAMI-DADE
    3250 SW 3RD AVENUE
    MIAMI,FL33129     		NONE PC OPERATIONS 46,000
    UNITED WAY OF MON VALLEY
    304 CHAMBER PLAZA
    CHARLEROI,PA15022     		NONE PC CHARITABLE CONTRIBUTIONS 1,000
    UNITED WAY OF SUMMIT COUNTY
    37 N HIGH ST
    AKRON,OH44308     		NONE PC CHARITABLE CONTRIBUTIONS 1,000
    UNIVERSITY OF AKRON FOUNDATION
    185 E MILL STREET
    AKRON,OH44325     		NONE PC OPERATIONS 10,000
    UNIVERSITY OF ARKANSAS
    W DICKSON STREET
    FAYETTEVILLE,AR72701     		NONE PC LECTURE SERIES SPONSORSHIP 13,250
    UNIVERSITY OF CALIFORNIA BERKELEY
    SOUTH DRIVE
    BERKELEY,CA94710     		NONE I SCHOLARSHIP 10,000
    UNIVERSITY OF FLORIDA DEPT OF CHEMI
    LEIGH HALL
    GAINESVILLE,FL32603     		NONE I EMILY GILL PHD FELLOWSHIP AWARD 1,000
    UNIVERSITY OF HOUSTON-CLEAR LAKE
    2700 BAY ARENA BLVD
    HOUSTON,TX77058     		NONE PC ENVIROTHON PROGRAM 5,000
    UNIVERSITY OF MINNESOTA
    100 CHURCH STREET
    MINNEAPOLIS,MN55455     		NONE PC COATING PROCESS PROGRAM 10,000
    UNIVERSITY OF SOUTH CAROLINA
    902 SUMTER STREET
    COLUMBIA,SC29208     		NONE PC SEMINAR SPONSORSHIP 15,500
    UNIVERSITY OF SOUTHERN MISSISSIPPI
    118 COLLEGE DR
    HATTIESBURG,MS39406     		NONE PC POSTER COMPETITION, GRANT FOR DEPARTMENT SERIES. 12,500
    UNIVERSITY OF TENNESSEE
    CUMBERLAND AVENUE
    KNOXVILLE,TN37996     		NONE I SCHOLARSHIP 18,500
    UNIVERSITY OF TEXAS AUSTIN
    110 INNER CAMPUS DRIVE
    AUSTIN,TX78712     		NONE PC UNIVERSITY OUTREACH 3,000
    UNIVERSITY OF VIRGINIA
    4400 UNIVERSITY DRIVE
    FAIRFAX,VA22030     		NONE I INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS UNIVERSITY OF VA CHAPTER 3,500
    UNIVERSITY OF WISCONSIN FOUNDATION
    1848 UNIVERSITY AVENUE
    MADISON,WI53726     		NONE I SCHOLARSHIP 10,000
    VARIOUS
    PO BOX 431
    KINGSPORT,TN37662     		NONE PC CHARITABLE CONTRIBUTIONS 12,550
    VIRGINIA TECH FOUNDATION
    902 PRICES FORK RD 140
    BLACKSBURG,VA24060     		NONE PC DESIGN PROGRAM 5,000
    VIRGINIA TECH
    902 PRICES FORK RD 140
    BLACKSBURG,VA24060     		NONE I SCHOLARSHIPS 8,000
    VIRGINIA TECH
    902 PRICES FORK RD 140
    BLACKSBURG,VA24060     		NONE I STUDENT ORGANIZATION 8,500
    VOLUNTEER HIGH SCHOOL
    1050 VOLUNTEER ST
    CHURCH HILL,TN37642     		NONE I SCHOLARSHIP 700
    WASHINGTON COUNTY SCHOOLS
    405 W COLLEGE ST
    JONESBOROUGH,TN37659     		NONE I SCHOLARSHIP 2,600
    WASHINGTON ELEMENTARY SCHOOL
    1100 BELLINGHAM DRIVE
    KINGSPORT,TN37660     		NONE I SCHOLARSHIP 700
    WOMEN LEADERS IN COLLEGE SPORTS
    2024 MAIN ST
    KANSAS CITY,MO64108     		NONE PC LEADERS ELITE PARTNERSHIP AGREEMENT 10,000
    WOODLAND ELEMENTARY SCHOOL
    2303 INDIAN RIDGE RD
    JOHNSON CITY,TN37604     		NONE I SCHOLARSHIP 1,100
    WOODS HOLE OCEANOGRAPHIC INSTITUTION
    66 WATER ST
    WOODS HOLE,MA02543     		NONE PC CENTER FOR AIR-SEA INTERACTION 400,000
    Total .................................bullet 3a 3,713,281
    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....     14 140,528  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    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).. 0 140,528 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    140,528
    (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
    EASTMAN FOUNDATION
     
    Employer identification number

    62-1614800
    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
    EASTMAN FOUNDATION
          		Employer identification number
    62-1614800
    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
    EASTMAN CHEMICAL COMPANY
     
    PO BOX 511
     
    KINGSPORT, TN37662

    		$ 2,483,233


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    SUPPLIES FOR SOLDIERS
     
    1450 LINCOLN STREET
     
    KINGSPORT, TN37664

    		$ 6,842


    (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
    EASTMAN FOUNDATION
          		Employer identification number

    62-1614800
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    EASTMAN FOUNDATION
          		Employer identification number

    62-1614800
    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:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 20,620 15,465   0

    TY 2018 CashDeemedCharitableExplnStmt
    Name:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Explanation:
    BUDGETED AND APPROVED GRANT FUNDING FOR 2019 IS $2,683,750 WHICH WELL EXCEEDS THE CASH BALANCE AT 12-31-2018, THEREFORE THE ENTIRE CASH BALANCE AT 12-31-2018 MAY BE DEEMED AS HELD FOR CHARITABLE ACTIVITIES PER THE 990PF INSTRUCTIONS.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Name of Stock End of Year Book Value End of Year Fair Market Value
      1,652,522 3,713,842

    TY 2018 OtherAssetsSchedule
    Name:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE FROM RELATED PARTY 29,404 34,082 34,082


    TY 2018 OtherExpensesSchedule
    Name:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 12,500 12,500   0
    PAYPAL FEES 215 0   0
    OTHER EXPENSES 3,600 0   0


    TY 2018 TaxesSchedule
    Name:
    EASTMAN FOUNDATION
    EIN:
    62-1614800
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDUCIARY TAX 2,306 2,306   0