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 10-01-2018 , and ending 09-30-2019
Name of foundation
RUTH SPIES MACROSTIE IRREV TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

41-6438110
B Telephone number (see instructions)

(888) 730-4933
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$1,020,188J 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 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 21,389 21,389  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 157,263
b Gross sales price for all assets on line 6a 1,009,304
7 Capital gain net income (from Part IV, line 2)... 157,263
8 Net short-term capital gain......... 0
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 -1,473 -1,473  
12 Total. Add lines 1 through 11........ 177,179 177,179  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,254 11,441   3,814
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 829 0 0 829
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,051 246   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 173 148   25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,307 11,835 0 4,668
25 Contributions, gifts, grants paid....... 39,000 39,000
26 Total expenses and disbursements. Add lines 24 and 25 56,307 11,835 0 43,668
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 120,872
b Net investment income (if negative, enter -0-) 165,344
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   225 225
2 Savings and temporary cash investments......... 8,664 35,811 35,811
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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).......... 736,800 Click to see attachment830,204 984,152
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 745,464 866,240 1,020,188
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 745,464 866,240
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)..... 745,464 866,240
31 Total liabilities and net assets/fund balances (see instructions). 745,464 866,240
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
745,464
2
Enter amount from Part I, line 27a .....................
2
120,872
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,025
4
Add lines 1, 2, and 3 ..........................
4
868,361
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,121
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
866,240
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 68. BOSTON SCIENTIFIC CORP COM   2015-04-14 2018-10-03
b 7. ALEXION PHARMACEUTICALS INC   2016-08-12 2018-10-05
c 7. ALPHABET INC/CA     2018-10-05
d 1. AMAZON COM INC COM   2017-11-30 2018-10-05
e 17. APPLE INC   2007-05-08 2018-10-05
1. BOOKING HOLDINGS INC   2012-01-05 2018-10-05
32. BOSTON SCIENTIFIC CORP COM   2015-04-14 2018-10-05
20. BROADCOM INC   2017-08-29 2018-10-05
11. CENTENE CORP DEL   2016-06-01 2018-10-05
21. COCA COLA CO   2018-07-18 2018-10-05
5. CONSTELLATION BRANDS INC   2016-11-16 2018-10-05
9. DANAHER CORP   2017-08-23 2018-10-05
10. WALT DISNEY CO   2018-03-13 2018-10-05
17. FACEBOOK INC     2018-10-05
13. FORTIVE CORP   2018-05-08 2018-10-05
19. FORTUNE BRANDS HOME & SECURITY   2013-02-04 2018-10-05
7. HOME DEPOT INC     2018-10-05
13. INTERCONTINENTALEXCHANGE GROUPINC   2008-11-12 2018-10-05
28. MICROSOFT CORP     2018-10-05
8. MIDDLEBY CORP   2018-03-13 2018-10-05
16. MONSTER BEVERAGE CORP   2013-03-26 2018-10-05
20. MORGAN STANLEY   2017-12-26 2018-10-05
3. NETFLIX.COM INC   2018-08-21 2018-10-05
8. PRA HEALTH SCIENCES INC   2018-03-13 2018-10-05
4. PALO ALTO NETWORKS INC     2018-10-05
5. S&P GLOBAL INC   2014-12-31 2018-10-05
10. SALESFORCE COM INC     2018-10-05
12. TRACTOR SUPPLY CO COM   2004-12-14 2018-10-05
2. TRANSDIGM GROUP INC   2015-12-21 2018-10-05
4. ULTA SALON COSMETICS & FRAGRAN   2017-06-23 2018-10-05
3. ULTIMATE SOFTWARE GROUP INC   2017-11-30 2018-10-05
9. VISA INC-CLASS A SHRS   2014-04-09 2018-10-05
9. WABCO HOLDINGS INC   2016-12-12 2018-10-05
13. WORLDPAY INC   2016-08-12 2018-10-05
11. XPO LOGISTICS INC   2017-06-05 2018-10-05
5. ALLERGAN PLC     2018-10-05
5. ACCENTURE PLC   2007-01-25 2018-10-05
8. JAZZ PHARMACEUTICALS PLC     2018-10-05
16. NORWEGIAN CRUISE LINE HOLDING   2015-06-09 2018-10-05
7. HOME DEPOT INC   2012-12-06 2018-10-10
14. O'REILLY AUTOMOTIVE INC     2018-10-10
26.98 GNMA POOL 612416 4.500% 1/15/19   2004-02-06 2018-10-15
3.85 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2018-10-15
20.4 GNMA POOL 612416 4.500% 1/15/19   2004-02-06 2018-11-15
4.01 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2018-11-15
1. AMAZON COM INC COM   2009-08-10 2018-11-27
7. DEXCOM INC   2018-09-12 2018-11-27
54. WALT DISNEY CO   2018-03-13 2018-11-27
40. PPG INDUSTRIES INC     2018-11-27
103. SMITH A O CORP CL B   2017-08-23 2018-11-27
6. VERTEX PHARMACEUTICALS INC COM   2018-09-12 2018-11-27
20. VISA INC-CLASS A SHRS   2013-06-27 2018-11-27
16.32 GNMA POOL 612416 4.500% 1/15/19   2004-02-06 2018-12-15
4.03 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2018-12-15
18. ALEXION PHARMACEUTICALS INC     2018-12-21
2. CONCHO RESOURCES INC   2015-08-18 2018-12-21
13. CONCHO RESOURCES INC   2018-09-12 2018-12-21
45. DEXCOM INC     2018-12-21
19. FORTIVE CORP   2018-05-08 2018-12-21
96. MORGAN STANLEY   2017-12-26 2018-12-21
4. NETFLIX.COM INC   2018-08-21 2018-12-21
50. WABCO HOLDINGS INC     2018-12-21
64. XPO LOGISTICS INC     2018-12-21
32. ALLERGAN PLC     2018-12-21
90. NORWEGIAN CRUISE LINE HOLDING     2018-12-21
26. ARISTA NETWORKS INC   2018-10-10 2018-12-24
9. ULTA SALON COSMETICS & FRAGRAN   2017-06-23 2018-12-24
8. VERTEX PHARMACEUTICALS INC COM   2018-09-12 2018-12-24
4.05 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-01-15
5.07 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-02-15
1356.242 ABERDEEN EMERG MARKETS-INST 840     2019-02-19
1762.821 CREDIT SUISSE COMM RT ST-CO 2156   2014-12-18 2019-02-19
2275.487 DODGE & COX INCOME FD COM #147     2019-02-19
2095.602 DRIEHAUS ACTIVE INCOME FUND     2019-02-19
999. INVESCO DB COMMODITY INDEX T   2016-02-12 2019-02-19
1000. ISHARES MSCI EAFE ETF   2008-11-10 2019-02-19
150. ISHARES RUSSELL 2000 GROWTH ETF     2019-02-19
2609. JPMORGAN HIGH YIELD FUND SS 3580     2019-02-19
566.186 MERGER FUND-INST #301   2013-02-14 2019-02-19
1841.33 PIMCO FOREIGN BOND (UNHEDGED) 1853     2019-02-19
1917.026 ROBECO BP LNG/SHRT RES-INS     2019-02-19
340. SPDR DJ WILSHIRE INTERNATIONAL REAL   2013-12-13 2019-02-19
434. VANGUARD REIT VIPER   2008-11-11 2019-02-19
83.864 VANGUARD MID CAP INDEX-ADM   2008-11-11 2019-02-19
3094.737 WF ADV GOVT SECURITIES- I 3101     2019-02-19
75. ACTIVISION BLIZZARD INC   2018-11-27 2019-02-20
15. ALEXION PHARMACEUTICALS INC   2012-11-09 2019-02-20
5. ALIGN TECHNOLOGY INC   2015-08-03 2019-02-20
3. ALPHABET INC/CA   2015-11-19 2019-02-20
5. ALPHABET INC/CA   2018-11-27 2019-02-20
12. APPLE INC   2018-12-21 2019-02-20
16. APPLE INC   2007-05-08 2019-02-20
52. BOSTON SCIENTIFIC CORP COM   2018-12-21 2019-02-20
53. BOSTON SCIENTIFIC CORP COM   2015-04-14 2019-02-20
4. BROADCOM INC   2018-04-04 2019-02-20
21. BROADCOM INC     2019-02-20
70. CENTENE CORP DEL   2016-06-01 2019-02-20
30. CENTENE CORP DEL   2018-12-21 2019-02-20
208. COCA COLA CO     2019-02-20
10. CONCHO RESOURCES INC   2010-11-17 2019-02-20
17. CONSTELLATION BRANDS INC     2019-02-20
11. CONSTELLATION BRANDS INC   2018-12-21 2019-02-20
18. DANAHER CORP   2018-12-21 2019-02-20
13. DANAHER CORP   2017-08-23 2019-02-20
12. ECOLAB INC   2018-12-21 2019-02-20
36. FACEBOOK INC   2013-11-04 2019-02-20
36. FORTIVE CORP   2016-08-12 2019-02-20
103. FORTUNE BRANDS HOME & SECURITY     2019-02-20
6. FORTUNE BRANDS HOME & SECURITY   2018-12-21 2019-02-20
11. HOME DEPOT INC   2018-12-21 2019-02-20
2. HOME DEPOT INC   2012-12-06 2019-02-20
24. INTERCONTINENTALEXCHANGE GROUPINC   2018-12-21 2019-02-20
14. ESTEE LAUDER COMPANIES INC   2018-12-21 2019-02-20
2. ESTEE LAUDER COMPANIES INC   2011-07-01 2019-02-20
50. MICROSOFT CORP     2019-02-20
71. MICROSOFT CORP     2019-02-20
11. MIDDLEBY CORP   2015-09-02 2019-02-20
35. MIDDLEBY CORP     2019-02-20
8. NETFLIX.COM INC   2017-06-05 2019-02-20
24. NVIDIA CORP   2018-11-27 2019-02-20
46. PRA HEALTH SCIENCES INC   2018-01-31 2019-02-20
23. PALO ALTO NETWORKS INC     2019-02-20
1. PALO ALTO NETWORKS INC   2018-12-24 2019-02-20
45. POOL CORPORATION     2019-02-20
1. S&P GLOBAL INC   2014-12-31 2019-02-20
11. S&P GLOBAL INC   2018-12-21 2019-02-20
21. SALESFORCE COM INC   2018-12-21 2019-02-20
15. SALESFORCE COM INC     2019-02-20
6. TRANSDIGM GROUP INC   2015-12-21 2019-02-20
6. TRANSDIGM GROUP INC   2018-11-27 2019-02-20
22. ULTIMATE SOFTWARE GROUP INC   2017-11-30 2019-02-20
26. VERTEX PHARMACEUTICALS INC COM   2018-04-04 2019-02-20
24. WORLDPAY INC   2018-12-21 2019-02-20
53. WORLDPAY INC     2019-02-20
19. ACCENTURE PLC   2018-12-21 2019-02-20
1. ACCENTURE PLC   2007-01-25 2019-02-20
14. JAZZ PHARMACEUTICALS PLC   2018-12-24 2019-02-20
26. JAZZ PHARMACEUTICALS PLC     2019-02-20
7.1 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-03-15
6. ALIGN TECHNOLOGY INC   2015-08-03 2019-04-05
112. BOSTON SCIENTIFIC CORP COM     2019-04-05
4. BROADCOM INC   2018-04-04 2019-04-05
40. CENTENE CORP DEL     2019-04-05
10. CONCHO RESOURCES INC   2010-11-17 2019-04-05
12. FACEBOOK INC     2019-04-05
30. HOME DEPOT INC   2012-12-06 2019-04-05
10. ESTEE LAUDER COMPANIES INC   2011-07-01 2019-04-05
13. MICROSOFT CORP   2016-02-04 2019-04-05
8. MIDDLEBY CORP   2015-09-02 2019-04-05
4. NETFLIX.COM INC   2017-06-05 2019-04-05
18. PRA HEALTH SCIENCES INC     2019-04-05
928.571 T ROWE PRICE INST FLOAT RATE 170   2019-02-20 2019-04-05
11. S&P GLOBAL INC   2014-12-31 2019-04-05
19. SALESFORCE COM INC   2014-04-09 2019-04-05
9. TRANSDIGM GROUP INC   2015-12-21 2019-04-05
6. ULTA SALON COSMETICS & FRAGRAN   2018-04-04 2019-04-05
4. ULTIMATE SOFTWARE GROUP INC   2017-11-30 2019-04-05
19. NORWEGIAN CRUISE LINE HOLDING   2016-11-17 2019-04-05
7.14 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-04-15
1. AMAZON COM INC COM   2009-08-10 2019-05-14
75. BOSTON SCIENTIFIC CORP COM   2015-07-01 2019-05-14
4. BROADCOM INC   2018-07-13 2019-05-14
10. CONCHO RESOURCES INC   2010-11-17 2019-05-14
731.033 FIDELITY NEW MRKTS INC-Z #3323     2019-05-14
1222.967 FIDELITY NEW MRKTS INC-Z #3323     2019-05-14
11. MIDDLEBY CORP   2015-09-02 2019-05-14
16. MONSTER BEVERAGE CORP   2013-03-26 2019-05-14
18. NEUBERGER BERMAN LONG SH-INS #1830   2019-02-20 2019-05-14
5. PALO ALTO NETWORKS INC   2018-12-24 2019-05-14
16. SALESFORCE COM INC     2019-05-14
1136. TCW EMRG MKTS INCM-I 4721   2019-02-20 2019-05-14
193. VANGUARD BD INDEX FD INC   2019-02-19 2019-05-14
16. VANGUARD EUROPE PACIFIC ETF   2019-02-19 2019-05-14
20. VANGUARD FTSE EMERGING MARKETS ETF   2013-02-14 2019-05-14
177. VANGUARD S/T CORP BOND ETF   2019-02-19 2019-05-14
7. VISA INC-CLASS A SHRS   2013-06-27 2019-05-14
8. JAZZ PHARMACEUTICALS PLC   2013-06-10 2019-05-14
7.18 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-05-15
6. FACEBOOK INC   2013-12-05 2019-05-23
9. HOME DEPOT INC   2012-12-06 2019-05-23
5. PALO ALTO NETWORKS INC     2019-05-23
19. SALESFORCE COM INC   2014-05-22 2019-05-23
3. TRANSDIGM GROUP INC   2015-12-21 2019-05-23
6. VISA INC-CLASS A SHRS     2019-05-23
7.22 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-06-15
7.26 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-07-15
2206.674 AQR MANAGED FUTURES STR-I     2019-08-08
1460.238 AQR MANAGED FUTURES STR-I     2019-08-08
3178.774 BLACKROCK GL L/S CREDIT-K #1940     2019-08-08
104. EATON VANCE GLOB MACRO ADV-I 208   2019-05-17 2019-08-08
1254. INVESCO OPTIMUM YIELD DIVERS   2019-02-19 2019-08-08
48. ISHARES S&P MID-CAP 400 GROWTH   2019-02-21 2019-08-08
59. ISHARES S&P MID-CAP 400 VALUE   2019-02-21 2019-08-08
440.614 ASG GLOBAL ALTERNATIVES-Y 1993     2019-08-08
1467.925 ASG GLOBAL ALTERNATIVES-Y 1993   2013-07-03 2019-08-08
1474.319 NEUBERGER BERMAN LONG SH-INS #1830   2019-02-20 2019-08-08
76. TCW EMRG MKTS INCM-I 4721   2019-02-20 2019-08-08
19. VANGUARD INTERMEDIATE TERM B   2016-02-09 2019-08-08
7.31 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-08-15
.431 FIDELITY NATL INFORMATION SVCS INC   2016-06-01 2019-08-29
7.35 GNMA POOL 473055 6.500% 6/15/28   1998-09-01 2019-09-15
98. VANGUARD INTERMEDIATE TERM B   2016-02-09 2019-09-27
643. VANGUARD FTSE EMERGING MARKETS ETF     2019-09-27
615. VANGUARD FTSE EMERGING MARKETS ETF     2019-09-27
CAPITAL GAIN 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 2,624   1,218 1,406
b 935   932 3
c 8,177   2,057 6,120
d 1,902   1,173 729
e 3,832   254 3,578
1,920   477 1,443
1,215   573 642
4,934   4,853 81
1,583   696 887
965   947 18
1,110   767 343
962   737 225
1,157   1,037 120
2,710   1,264 1,446
1,087   963 124
991   619 372
1,383   456 927
991   178 813
3,144   1,616 1,528
985   1,064 -79
902   260 642
942   1,047 -105
1,058   1,021 37
850   737 113
871   613 258
971   447 524
1,550   689 861
1,051   104 947
729   451 278
1,075   1,141 -66
924   631 293
1,315   466 849
1,036   996 40
1,295   708 587
1,220   639 581
956   1,512 -556
854   184 670
1,311   1,142 169
880   873 7
1,372   450 922
4,805   3,922 883
27   27  
4   4  
20   21 -1
4   4  
1,592   84 1,508
877   1,010 -133
6,135   5,602 533
4,243   4,049 194
4,740   5,585 -845
1,056   1,068 -12
2,711   921 1,790
16   17 -1
4   4  
1,738   2,268 -530
198   220 -22
1,288   1,841 -553
4,850   6,153 -1,303
1,232   1,407 -175
3,635   5,025 -1,390
977   1,361 -384
5,185   5,403 -218
3,309   3,698 -389
4,211   7,600 -3,389
3,667   4,826 -1,159
4,972   5,957 -985
2,058   2,566 -508
1,243   1,424 -181
4   4  
5   5  
19,652   20,000 -348
8,232   11,000 -2,768
30,742   31,000 -258
19,866   21,809 -1,943
15,854   12,499 3,355
63,864   43,550 20,314
29,730   20,855 8,875
18,654   21,358 -2,704
9,353   8,907 446
17,456   19,724 -2,268
29,273   28,000 1,273
13,044   13,806 -762
36,859   13,224 23,635
16,490   4,382 12,108
33,268   33,363 -95
3,205   3,797 -592
1,942   1,364 578
1,262   313 949
3,324   2,217 1,107
5,540   5,241 299
2,064   1,815 249
2,753   239 2,514
2,082   1,709 373
2,122   950 1,172
1,133   943 190
5,950   4,912 1,038
4,560   2,216 2,344
1,954   1,688 266
9,393   9,568 -175
1,133   767 366
2,997   1,729 1,268
1,939   1,790 149
2,007   1,779 228
1,450   1,065 385
1,980   1,736 244
5,835   1,757 4,078
2,914   1,893 1,021
4,924   3,356 1,568
287   223 64
2,108   1,771 337
383   129 254
1,780   1,748 32
2,192   1,756 436
313   104 209
5,340   5,035 305
7,583   3,749 3,834
1,307   1,180 127
4,159   4,388 -229
2,885   1,320 1,565
3,833   3,703 130
5,244   4,190 1,054
5,188   3,341 1,847
226   172 54
6,864   6,665 199
198   89 109
2,173   1,783 390
3,311   2,590 721
2,365   855 1,510
2,623   1,354 1,269
2,623   2,090 533
7,311   4,629 2,682
4,863   4,199 664
2,118   1,732 386
4,677   2,858 1,819
3,022   2,615 407
159   37 122
1,785   1,676 109
3,315   2,884 431
7   7  
1,774   375 1,399
4,257   2,007 2,250
1,215   943 272
2,234   1,185 1,049
1,092   767 325
2,108   585 1,523
6,082   1,928 4,154
1,632   522 1,110
1,556   674 882
1,105   858 247
1,465   660 805
1,927   1,656 271
9,146   9,100 46
2,352   982 1,370
3,010   1,082 1,928
4,158   2,030 2,128
2,110   1,239 871
1,321   842 479
1,084   754 330
7   7  
1,839   84 1,755
2,749   1,338 1,411
1,201   813 388
1,124   767 357
10,885   10,966 -81
18,210   17,918 292
1,502   1,180 322
996   260 736
255   246 9
1,122   859 263
2,482   873 1,609
9,190   9,168 22
15,351   15,233 118
646   650 -4
815   888 -73
14,089   13,967 122
1,124   322 802
1,089   552 537
7   7  
1,080   292 788
1,716   578 1,138
1,078   855 223
2,905   1,009 1,896
1,337   677 660
967   276 691
7   7  
7   7  
20,279   18,157 2,122
13,420   15,000 -1,580
32,010   31,040 970
1,059   1,014 45
19,317   20,854 -1,537
10,801   10,446 355
9,205   9,513 -308
4,864   4,739 125
16,206   16,573 -367
21,378   20,154 1,224
641   613 28
1,663   1,623 40
7   7  
59   25 34
7   7  
8,602   8,370 232
25,935   26,537 -602
24,805   26,120 -1,315
      2,021
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       1,406
b       3
c       6,120
d       729
e       3,578
      1,443
      642
      81
      887
      18
      343
      225
      120
      1,446
      124
      372
      927
      813
      1,528
      -79
      642
      -105
      37
      113
      258
      524
      861
      947
      278
      -66
      293
      849
      40
      587
      581
      -556
      670
      169
      7
      922
      883
       
       
      -1
       
      1,508
      -133
      533
      194
      -845
      -12
      1,790
      -1
       
      -530
      -22
      -553
      -1,303
      -175
      -1,390
      -384
      -218
      -389
      -3,389
      -1,159
      -985
      -508
      -181
       
       
      -348
      -2,768
      -258
      -1,943
      3,355
      20,314
      8,875
      -2,704
      446
      -2,268
      1,273
      -762
      23,635
      12,108
      -95
      -592
      578
      949
      1,107
      299
      249
      2,514
      373
      1,172
      190
      1,038
      2,344
      266
      -175
      366
      1,268
      149
      228
      385
      244
      4,078
      1,021
      1,568
      64
      337
      254
      32
      436
      209
      305
      3,834
      127
      -229
      1,565
      130
      1,054
      1,847
      54
      199
      109
      390
      721
      1,510
      1,269
      533
      2,682
      664
      386
      1,819
      407
      122
      109
      431
       
      1,399
      2,250
      272
      1,049
      325
      1,523
      4,154
      1,110
      882
      247
      805
      271
      46
      1,370
      1,928
      2,128
      871
      479
      330
       
      1,755
      1,411
      388
      357
      -81
      292
      322
      736
      9
      263
      1,609
      22
      118
      -4
      -73
      122
      802
      537
       
      788
      1,138
      223
      1,896
      660
      691
       
       
      2,122
      -1,580
      970
      45
      -1,537
      355
      -308
      125
      -367
      1,224
      28
      40
       
      34
       
      232
      -602
      -1,315
       
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 2 157,263
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 34,561 1,016,014 0.034016
2016 41,250 941,405 0.043817
2015 44,014 922,446 0.047714
2014 45,964 976,365 0.047077
2013 39,688 985,486 0.040273
2
Total of line 1, column (d) .....................
2
0.212897
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
0.042579
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,006,064
5
Multiply line 4 by line 3......................
5
42,837
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,653
7
Add lines 5 and 6........................
7
44,490
8
Enter qualifying distributions from Part XII, line 4,.............
8
43,668
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 3,307
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 3,307
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 3,307
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 699
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  
7 Total credits and payments. Add lines 6a through 6d.............. 7 699
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,608
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 taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    Wells Fargo Bank NA Trustee
    1     		15,254    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    961,888
    b
    Average of monthly cash balances.......................
    1b
    59,497
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,021,385
    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
    1,021,385
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,321
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,006,064
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    50,303
    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
    50,303
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,307
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    46,996
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    46,996
    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
    46,996
    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
    43,668
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    43,668
    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
    43,668
    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 46,996
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 38,627
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 43,668
    a Applied to 2017, but not more than line 2a 38,627
    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..... 5,041
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		41,955
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    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).)
    NONE
    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.
    NONE
    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
    MACROSTIE ART CENTER
    405 NW 1ST AVE
    GRAND RAPIDS,MN55744     		NONE PC GENERAL OPERATING 1,950
    DAKOTA STATE UNIVERSITY
    820 WASHINGTON AVE N
    MADISON,SD57042     		NONE I SCHOLARSHIP 1,950
    SHRINERS HOSPITALS FOR CHILDREN
    PO BOX 31356
    TAMPA,FL336313356     		NONE PC GENERAL OPERATING 13,650
    COMMUNITY PRESBYTERIAN CHURCH
    703 POKEGAMA AVE N
    GRAND RAPIDS,MN55744     		NONE PC GENERAL OPERATING 5,850
    MASONIC CANCER CENTER FUND INC
    11501 MASONIC HOME DRIVE
    BLOOMINGTON,MN55437     		NONE PC GENERAL OPERATING 13,650
    ITASCA COMMUNITY COLLEGE FOUNDATION
    1851 E US HIGHWAY 169
    GRAND RAPIDS,MN55744     		NONE I SCHOLARSHIP 1,950
    Total .................................bullet 3a 39,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 21,389  
    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 ............     		    18 157,263  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP/S-CORP     		    1 -1,473  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   177,179  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    177,179
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 829     829

    TY 2018 InvestmentsOtherSchedule2
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    92826C839 VISA INC-CLASS A SHR AT COST 3,082 11,525
    262028855 DRIEHAUS ACTIVE INCO      
    64110L106 NETFLIX.COM INC AT COST 3,363 4,282
    67103H107 O'REILLY AUTOMOTIVE      
    983793100 XPO LOGISTICS INC AT COST 2,514 2,648
    893641100 TRANSDIGM GROUP INC AT COST 1,917 3,124
    G50871105 JAZZ PHARMACEUTICALS AT COST 2,479 3,332
    45866F104 INTERCONTINENTALEXCH AT COST 932 6,551
    235851102 DANAHER CORP AT COST 733 7,510
    256210105 DODGE & COX INCOME F      
    92532F100 VERTEX PHARMACEUTICA AT COST 2,509 2,372
    61174X109 MONSTER BEVERAGE COR AT COST 1,398 4,993
    34959J108 FORTIVE CORP AT COST 254 1,783
    252131107 DEXCOM INC AT COST 3,275 3,134
    34964C106 FORTUNE BRANDS HOME AT COST 1,484 2,188
    921937819 VANGUARD INTERMEDIAT AT COST 145,039 153,120
    023135106 AMAZON COM INC AT COST 1,096 22,567
    518439104 ESTEE LAUDER COMPANI AT COST 1,361 5,571
    693506107 PPG INDUSTRIES INC      
    892356106 TRACTOR SUPPLY CO CO AT COST 722 7,507
    015351109 ALEXION PHARMACEUTIC AT COST 3,333 3,232
    09857L108 BOOKING HOLDINGS INC AT COST 1,875 7,850
    21036P108 CONSTELLATION BRANDS AT COST 3,830 6,011
    15135B101 CENTENE CORP DEL AT COST 3,841 3,720
    596278101 MIDDLEBY CORP AT COST 4,073 4,208
    831865209 SMITH A O CORP CL B      
    437076102 HOME DEPOT INC AT COST 450 1,624
    589509207 MERGER FUND-INST #30      
    101137107 BOSTON SCIENTIFIC CO      
    981558109 WORLDPAY INC      
    464287648 ISHARES RUSSELL 2000      
    464287465 ISHARES MSCI EAFE      
    02079K107 ALPHABET INC/CA AT COST 3,903 15,847
    722005220 PIMCO FOREIGN BOND (      
    79466L302 SALESFORCE COM INC AT COST 3,590 3,711
    949917579 WF ADV GOVT SECURITI      
    697435105 PALO ALTO NETWORKS I AT COST 2,965 3,261
    36202XK55 GNMA POOL 612416 4.5      
    73278L105 POOL CORPORATION AT COST 2,000 2,017
    22544R305 CREDIT SUISSE COMM R      
    36209JQG9 GNMA POOL 473055 6.5 AT COST 184 201
    922908645 VANGUARD MID CAP IND      
    90385D107 ULTIMATE SOFTWARE GR      
    78409V104 S&P GLOBAL INC AT COST 1,697 4,655
    00203H859 AQR MANAGED FUTURES      
    037833100 APPLE COMPUTER INC C AT COST 1,347 21,725
    254687106 WALT DISNEY CO      
    617446448 MORGAN STANLEY AT COST 1,288 1,323
    191216100 COCA COLA CO AT COST 3,861 3,920
    11135F101 BROADCOM INC AT COST 3,658 4,969
    46138B103 INVESCO DB COMMODITY      
    69354M108 PRA HEALTH SCIENCES AT COST 3,409 3,473
    003021714 ABERDEEN EMERG MARKE      
    63872T885 ASG GLOBAL ALTERNATI      
    922042858 VANGUARD EMERGING MA AT COST 52,656 50,647
    20605P101 CONCHO RESOURCES INC AT COST 1,301 1,222
    016255101 ALIGN TECHNOLOGY INC AT COST 688 1,990
    G1151C101 ACCENTURE PLC AT COST 1,326 6,925
    02079K305 ALPHABET INC/CA      
    G66721104 NORWEGIAN CRUISE LIN AT COST 2,784 3,106
    78463X863 SPDR DJ WILSHIRE INT AT COST 10,946 10,749
    74925K581 ROBECO BP LNG/SHRT R      
    278865100 ECOLAB INC AT COST 1,114 6,733
    594918104 MICROSOFT CORP AT COST 3,456 15,988
    315920702 FID ADV EMER MKTS IN      
    G0177J108 ALLERGAN PLC      
    922908553 VANGUARD REIT VIPER      
    4812C0803 JPMORGAN HIGH YIELD AT COST 34,311 31,900
    30303M102 FACEBOOK INC AT COST 2,676 9,794
    92927K102 WABCO HOLDINGS INC      
    90384S303 ULTA SALON COSMETICS AT COST 3,450 3,509
    464287655 ISHARES RUSSELL 2000 AT COST 42,412 41,316
    550021109 LULULEMON ATHLETICA AT COST 2,924 3,080
    277923264 EATON VANCE GLOB MAC AT COST 30,477 32,584
    47803M168 JOHN HANCOCK II-CURR AT COST 21,823 21,031
    46434G103 ISHARES CORE MSCI EM AT COST 62,314 61,520
    040413106 ARISTA NETWORKS INC AT COST 4,922 4,778
    67066G104 NVIDIA CORP AT COST 3,051 3,655
    464287705 ISHARES S&P MIDCAP 4 AT COST 31,924 31,660
    00507V109 ACTIVISION BLIZZARD AT COST 3,124 3,440
    779919307 T ROWE PR REAL ESTAT AT COST 10,444 11,078
    464287606 ISHARES S&P MIDCAP 4 AT COST 30,468 31,340
    921937827 VANGUARD BD INDEX FD AT COST 20,916 21,409
    464287226 ISHARES BARCLAYS AGG AT COST 117,000 120,073
    097023105 BOEING COMPANY AT COST 2,029 2,283
    31641Q755 FIDELITY NEW MRKTS I AT COST 19,795 20,793
    87234N765 TCW EMRG MKTS INCM-I AT COST 30,519 31,389
    921943858 VANGUARD EUROPE PACI AT COST 62,736 63,551
    31620M106 FIDELITY NATL INFORM AT COST 1,156 2,655

    TY 2018 OtherDecreasesSchedule
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Description Amount
    PARTNERSHIP INCOME ADJUSTMENT 1,809
    COST BASIS ADJUSTMENT 312


    TY 2018 OtherExpensesSchedule
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE/STATE TAX 25 0   25
    INVESTMENT EXPENSES-DIVIDEND I   0   0
    FROM PARTNERSHIP/S-CORP 148 148   0


    TY 2018 OtherIncomeSchedule2
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PARTNERSHIP/S-CORP -1,473 -1,473  


    TY 2018 OtherIncreasesSchedule
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Description Amount
    LOSS ON CY SALES NOT SETTLED AT YE 1,685
    MUTUAL FUND TIMING DIFFERENCE 340


    TY 2018 TaxesSchedule
    Name:
    RUTH SPIES MACROSTIE IRREV TRUST
    EIN:
    41-6438110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 165 165   0
    FEDERAL TAX PAYMENT - PRIOR YE 106 0   0
    FEDERAL ESTIMATES - PRINCIPAL 699 0   0
    FOREIGN TAXES ON QUALIFIED FOR 9 9   0
    FOREIGN TAXES ON NONQUALIFIED 72 72   0