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 12-01-2018 , and ending 11-30-2019
Name of foundation
TRUST UW M ZALLES 7-8219 WELLS COLLEGE
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

13-6761281
B Telephone number (see instructions)

(800) 496-2583
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$1,896,751J 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... 42,148 42,148  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,114
b Gross sales price for all assets on line 6a 186,512
7 Capital gain net income (from Part IV, line 2)... 9,114
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).......      
12 Total. Add lines 1 through 11........ 51,262 51,262  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,276 15,766   10,511
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,036 1,162   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 250     250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,562 16,928 0 10,761
25 Contributions, gifts, grants paid....... 82,131 82,131
26 Total expenses and disbursements. Add lines 24 and 25 110,693 16,928 0 92,892
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -59,431
b Net investment income (if negative, enter -0-) 34,334
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............. 8,327 10,609 10,609
2 Savings and temporary cash investments......... 15,925 17,481 17,481
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)....... 1,191,828 Click to see attachment1,133,997 1,506,052
c Investments—corporate bonds (attach schedule)....... 294,036 Click to see attachment288,600 295,553
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 57,639 Click to see attachment57,639 67,056
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) 1,567,755 1,508,326 1,896,751
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........ 1,567,755 1,508,326
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)..... 1,567,755 1,508,326
31 Total liabilities and net assets/fund balances (see instructions). 1,567,755 1,508,326
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
1,567,755
2
Enter amount from Part I, line 27a .....................
2
-59,431
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
13
4
Add lines 1, 2, and 3 ..........................
4
1,508,337
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
11
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,508,326
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 1. EASTMAN CHEM CO   2016-08-17 2018-12-11
b 4. EASTMAN CHEM CO   2016-08-17 2018-12-11
c 1. EASTMAN CHEM CO   2016-08-17 2018-12-11
d 15. LAUDER ESTEE COS INC CL A   2018-08-23 2018-12-11
e 2. EASTMAN CHEM CO   2016-08-17 2018-12-12
1. EASTMAN CHEM CO   2016-08-17 2018-12-12
4. EASTMAN CHEM CO   2016-08-17 2018-12-12
3. EASTMAN CHEM CO   2016-08-17 2018-12-13
1. EASTMAN CHEM CO   2016-08-17 2018-12-13
4. EASTMAN CHEM CO   2016-08-17 2018-12-14
2. EASTMAN CHEM CO   2016-08-17 2018-12-17
5. PVH CORP     2018-12-17
1. PVH CORP   2018-01-29 2018-12-17
2. EASTMAN CHEM CO   2016-08-17 2018-12-18
3. EASTMAN CHEM CO   2016-08-17 2018-12-18
3. PVH CORP   2018-01-29 2018-12-18
2. PVH CORP   2018-01-29 2018-12-18
1. PVH CORP   2018-01-26 2018-12-18
1. PVH CORP   2018-01-26 2018-12-19
1. PVH CORP   2018-01-26 2018-12-19
12. GOLDMAN SACHS GROUP INC   2006-05-22 2018-12-21
38. PARSLEY ENERGY INC-CLASS A     2018-12-21
10. PARSLEY ENERGY INC-CLASS A   2018-05-22 2018-12-21
3. GILEAD SCIENCES INC   2016-08-17 2019-01-23
1. GILEAD SCIENCES INC   2016-08-17 2019-01-23
1. GILEAD SCIENCES INC   2016-08-17 2019-01-23
1. MASTERCARD INC - CLASS A   2016-08-17 2019-01-23
4. WORLDPAY INC CL A   2018-10-08 2019-01-23
1. AMERICAN EXPRESS CO   2018-07-18 2019-01-24
1. APPLE COMPUTER INC   2016-08-17 2019-01-24
1. AUTOMATIC DATA PROCESSING INC   2018-12-03 2019-01-24
4. BANK OF AMERICA CORPORATION   2005-03-03 2019-01-24
1. BERKSHIRE HATHAWAY INC DEL CL B   2018-09-11 2019-01-24
2. BOSTON SCIENTIFIC CORP     2019-01-24
1. CELGENE CORP.   2016-08-17 2019-01-24
1. CHARTER COMMUNICATIONS INC-A   2018-04-13 2019-01-24
1. CITIGROUP INC NEW   2003-11-10 2019-01-24
1. COCA-COLA CO   2018-04-16 2019-01-24
1. COMCAST CORP NEW CL A   2018-10-19 2019-01-24
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-01-24
2. DOWDUPONT INC     2019-01-24
1. EOG RESOURCES INC   2016-08-17 2019-01-24
1. ELECTRONIC ARTS   2018-09-20 2019-01-24
1. FIDELITY NATL INFORMATION SVCS INC   2016-08-17 2019-01-24
5. GILEAD SCIENCES INC   2016-08-17 2019-01-24
1. HOME DEPOT INC   2005-03-03 2019-01-24
1. HONEYWELL INTL INC   2016-08-17 2019-01-24
3. KEYCORP NEW   2018-10-08 2019-01-24
1. LILLY ELI & CO   2016-08-17 2019-01-24
1. LOWES COS INC   2016-08-17 2019-01-24
1. MARATHON PETROLEUM CORPORATION   2018-09-20 2019-01-24
1. MASTERCARD INC - CLASS A   2016-08-17 2019-01-24
1. MASTERCARD INC - CLASS A   2016-08-17 2019-01-24
3. MASTERCARD INC - CLASS A   2016-08-17 2019-01-24
2. MICROSOFT CORP   2016-08-17 2019-01-24
2. MONDELEZ INTERNATIONAL-W/I   2005-03-03 2019-01-24
3. MORGAN STANLEY DEAN WITTER & CO NEW   2016-08-17 2019-01-24
1. NISOURCE INC   2016-08-17 2019-01-24
1. OCCIDENTAL PETE CORP   2018-08-10 2019-01-24
1. PAYPAL HOLDINGS INC   2019-01-23 2019-01-24
2. PFIZER INC   2018-10-30 2019-01-24
1. PHILIP MORRIS INTERNATIONAL   2017-04-24 2019-01-24
1. PIONEER NAT RES CO   2016-08-17 2019-01-24
1. SCHWAB CHARLES CORP NEW   2016-08-17 2019-01-24
1. VISA INC CLASS A SHARES   2016-08-17 2019-01-24
1. WASTE CONNECTIONS INC   2016-08-17 2019-01-24
2. WELLS FARGO & CO NEW   2017-11-20 2019-01-24
7. WORLDPAY INC CL A   2018-10-08 2019-01-24
1. YUM BRANDS INC   2018-11-29 2019-01-24
1. ACCENTURE PLC   2016-08-17 2019-01-24
1. CHUBB LTD   2016-08-17 2019-01-24
1. GILEAD SCIENCES INC   2016-08-17 2019-01-25
2. GILEAD SCIENCES INC   2016-08-17 2019-01-25
5. MASTERCARD INC - CLASS A   2016-08-17 2019-01-25
7. WORLDPAY INC CL A   2017-09-22 2019-01-25
1. WORLDPAY INC CL A   2018-10-08 2019-01-25
1. GILEAD SCIENCES INC   2016-08-17 2019-01-28
1. GILEAD SCIENCES INC   2016-08-17 2019-01-28
5. WORLDPAY INC CL A   2017-09-22 2019-01-28
1. GILEAD SCIENCES INC   2016-08-17 2019-01-29
1. WORLDPAY INC CL A   2017-09-22 2019-01-29
1. GILEAD SCIENCES INC   2016-08-17 2019-01-30
6. WORLDPAY INC CL A   2017-09-22 2019-01-30
1. GILEAD SCIENCES INC   2016-08-17 2019-01-31
1. GILEAD SCIENCES INC   2016-08-17 2019-02-01
5. ANALOG DEVICES INC   2018-09-13 2019-02-19
2. ANALOG DEVICES INC   2018-09-13 2019-02-19
6. ANALOG DEVICES INC   2018-09-13 2019-02-19
10. ANALOG DEVICES INC     2019-02-19
6. ANALOG DEVICES INC     2019-02-19
2. ANALOG DEVICES INC     2019-02-19
8. ANALOG DEVICES INC     2019-02-20
3. BIOGEN IDEC INC   2016-08-17 2019-03-14
3. BIOGEN IDEC INC   2018-10-08 2019-03-14
63. BRISTOL MYERS SQUIBB CO     2019-03-14
14. DISNEY WALT CO     2019-03-14
7.719 DOW INC     2019-04-08
3.281 DOW INC   2018-04-09 2019-04-08
2. DOW INC     2019-04-08
1. DOW INC     2019-04-08
15. DOW INC     2019-04-08
7. DOW INC   2016-08-17 2019-04-08
2. DOW INC   2016-08-17 2019-04-09
. DOW INC     2019-04-23
16. OCCIDENTAL PETE CORP   2016-08-17 2019-04-25
10. OCCIDENTAL PETE CORP     2019-04-25
27. OCCIDENTAL PETE CORP   2016-08-17 2019-04-25
6. OCCIDENTAL PETE CORP   2016-08-17 2019-05-01
1. OCCIDENTAL PETE CORP   2016-08-17 2019-05-01
4. REGENERON PHARMACEUTICALS INC     2019-05-01
1. REGENERON PHARMACEUTICALS INC   2019-01-24 2019-05-01
18. OCCIDENTAL PETE CORP     2019-05-02
1. OCCIDENTAL PETE CORP   2017-02-10 2019-05-02
1. OCCIDENTAL PETE CORP   2017-02-10 2019-05-02
3. OCCIDENTAL PETE CORP   2017-02-10 2019-05-02
2. OCCIDENTAL PETE CORP     2019-05-02
1. OCCIDENTAL PETE CORP   2017-02-13 2019-05-03
7. OCCIDENTAL PETE CORP     2019-05-03
1. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
12. PRUDENTIAL FINL INC     2019-05-14
6. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
3. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
3. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
19. SCHWAB CHARLES CORP NEW   2016-08-17 2019-05-15
17. SCHWAB CHARLES CORP NEW   2016-08-17 2019-05-16
4. SCHWAB CHARLES CORP NEW   2016-08-17 2019-05-16
11. SCHWAB CHARLES CORP NEW   2016-08-17 2019-05-16
15. MEDTRONIC PLC     2019-05-16
11. MEDTRONIC PLC     2019-05-16
2. MEDTRONIC PLC   2018-07-18 2019-05-16
5. MEDTRONIC PLC   2018-04-09 2019-05-17
9. MEDTRONIC PLC     2019-05-17
4. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
5. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
2. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
17. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-05
6. DELTA AIR LINES INC DEL NEW     2019-06-05
21. PHILIP MORRIS INTERNATIONAL   2017-04-24 2019-06-05
1. APPLE COMPUTER INC   2016-08-17 2019-06-06
3. BANK OF AMERICA CORPORATION   2005-03-03 2019-06-06
1. BOSTON SCIENTIFIC CORP   2016-09-15 2019-06-06
1. CITIGROUP INC NEW   2003-11-10 2019-06-06
1. COCA-COLA CO   2018-04-16 2019-06-06
3. COMCAST CORP NEW CL A   2019-05-14 2019-06-06
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-06
5. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-06
6. DELTA AIR LINES INC DEL NEW     2019-06-06
1. DISNEY WALT CO   2016-12-16 2019-06-06
1. DOLLAR TREE INC   2017-10-27 2019-06-06
1. EOG RESOURCES INC   2016-08-17 2019-06-06
1. GENERAL DYNAMICS CORP   2017-02-10 2019-06-06
1. HONEYWELL INTL INC   2016-08-17 2019-06-06
2. KEYCORP NEW   2018-10-08 2019-06-06
1. MARATHON PETROLEUM CORPORATION   2018-09-20 2019-06-06
1. MERCK & CO INC   2019-03-14 2019-06-06
2. MICROSOFT CORP   2016-08-17 2019-06-06
1. MORGAN STANLEY DEAN WITTER & CO NEW   2016-08-17 2019-06-06
1. NEXTERA ENERGY INC   2018-07-18 2019-06-06
1. NISOURCE INC   2016-08-17 2019-06-06
1. NORFOLK SOUTHN CORP   2018-05-15 2019-06-06
1. NVIDIA CORP   2018-10-08 2019-06-06
1. PEPSICO INC   2016-08-17 2019-06-06
2. PFIZER INC   2018-10-30 2019-06-06
1. ROSS STORES INC   2018-12-11 2019-06-06
1. STANLEY BLACK & DECKER,INC.   2016-08-17 2019-06-06
1. UNION PAC CORP   2018-02-22 2019-06-06
1. UNITEDHEALTH GROUP INC   2016-08-17 2019-06-06
1. WELLS FARGO & CO NEW   2017-11-20 2019-06-06
1. ZIMMER HLDGS INC   2018-04-26 2019-06-06
1. APTIV PLC   2018-04-27 2019-06-06
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
2. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
50. BANK OF AMERICA CORPORATION   2005-03-03 2019-06-10
11. DOLLAR TREE INC     2019-06-10
40. WELLS FARGO & CO NEW     2019-06-10
13. DOLLAR TREE INC     2019-06-11
3. DOLLAR TREE INC   2018-12-17 2019-06-11
4. DOLLAR TREE INC   2018-12-17 2019-06-11
. CORTEVA INC     2019-06-13
. DUPONT DE NEMOURS INC-WI     2019-06-13
4. ADOBE SYS INC   2016-08-17 2019-06-27
4. SVB FINANCIAL GROUP   2016-08-17 2019-08-14
2. SVB FINANCIAL GROUP   2016-08-17 2019-08-14
6. APTIV PLC     2019-08-14
3. APTIV PLC   2018-04-26 2019-08-14
8. APTIV PLC     2019-08-14
5. SVB FINANCIAL GROUP   2016-08-17 2019-08-15
16. APTIV PLC     2019-08-15
1. ALPHABET INC-CL C   2018-05-07 2019-09-17
1. AMERICAN EXPRESS CO   2019-06-10 2019-09-17
5. BANK OF AMERICA CORPORATION   2005-03-03 2019-09-17
1. BOSTON SCIENTIFIC CORP   2016-09-15 2019-09-17
1. BROADCOM INC   2016-08-17 2019-09-17
1. CELGENE CORP.   2016-08-17 2019-09-17
1. CITIGROUP INC NEW   2003-11-10 2019-09-17
1. COMCAST CORP NEW CL A   2019-05-14 2019-09-17
1. CORTEVA INC     2019-09-17
1. DIAMONDBACK ENERGY INC   2019-01-08 2019-09-17
1. FIDELITY NATL INFORMATION SVCS INC   2019-08-14 2019-09-17
1. FISERV INC   2019-07-31 2019-09-17
1. KEYCORP NEW   2018-10-08 2019-09-17
1. LILLY ELI & CO   2016-08-17 2019-09-17
1. MARATHON PETROLEUM CORPORATION   2018-09-20 2019-09-17
1. MCDONALDS CORP   2019-06-10 2019-09-17
1. MICROSOFT CORP   2016-08-17 2019-09-17
1. MONDELEZ INTERNATIONAL-W/I   2005-03-03 2019-09-17
1. MORGAN STANLEY DEAN WITTER & CO NEW   2016-08-17 2019-09-17
1. O'REILLY AUTOMOTIVE INC   2017-05-08 2019-09-17
1. PAYPAL HOLDINGS INC   2019-01-23 2019-09-17
1. PFIZER INC   2018-10-30 2019-09-17
1. PROCTER & GAMBLE CO   2019-06-05 2019-09-17
1. QUALCOMM INC   2019-05-01 2019-09-17
1. SALESFORCE.COM INC   2018-10-08 2019-09-17
1. TEXAS INSTRS INC   2019-02-19 2019-09-17
1. WELLS FARGO & CO NEW   2016-08-17 2019-09-17
1. ALLEGION PLC   2016-08-17 2019-09-17
1. LINDE PLC   2019-08-14 2019-09-17
1. NXP SEMICONDUCTORS NV   2019-02-20 2019-09-17
455. VANGUARD BD INDEX FD INC   2018-08-01 2019-10-08
20. DISNEY WALT CO     2019-10-25
5. ACCENTURE PLC   2016-08-17 2019-10-25
6. ACCENTURE PLC   2016-08-17 2019-10-28
165. ISHARES MISCI EAFE INDEX FUND   2013-06-04 2019-11-05
1190. JPMORGAN BETABUILDERS JAPAN ETF   2018-08-01 2019-11-05
365. VANGUARD EUROPEAN ETF   2016-06-20 2019-11-05
13. NISOURCE INC   2016-08-17 2019-11-11
17. NISOURCE INC   2016-08-17 2019-11-11
13. NISOURCE INC   2016-08-17 2019-11-12
34. NISOURCE INC   2016-08-17 2019-11-12
3. NISOURCE INC   2016-08-17 2019-11-12
3. NISOURCE INC   2016-08-17 2019-11-13
20. CELGENE CORP.     2019-11-21
58. CELGENE CORP.     2019-11-21
30. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
3. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
1. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
1. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
37. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-26
6. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-27
(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 75   65 10
b 295   259 36
c 73   65 8
d 2,088   2,002 86
e 146   130 16
74   65 9
293   259 34
217   194 23
72   65 7
285   259 26
145   130 15
458   781 -323
92   156 -64
144   130 14
215   194 21
278   467 -189
185   311 -126
93   154 -61
91   154 -63
93   154 -61
1,974   1,740 234
575   1,209 -634
153   317 -164
205   241 -36
68   80 -12
68   80 -12
198   96 102
329   388 -59
100   103 -3
154   109 45
135   147 -12
115   186 -71
200   214 -14
75   47 28
85   113 -28
282   306 -24
62   480 -418
48   45 3
36   36  
47   54 -7
112   129 -17
96   91 5
90   114 -24
105   79 26
339   402 -63
176   40 136
141   110 31
50   61 -11
117   80 37
91   76 15
65   82 -17
199   96 103
200   96 104
597   287 310
212   115 97
86   30 56
127   91 36
27   24 3
64   78 -14
91   90 1
82   85 -3
73   112 -39
137   180 -43
47   30 17
137   81 56
81   52 29
100   108 -8
576   679 -103
93   92 1
149   113 36
132   126 6
68   80 -12
138   161 -23
1,013   479 534
580   504 76
83   97 -14
68   80 -12
68   80 -12
416   360 56
69   80 -11
82   72 10
69   80 -11
501   432 69
70   80 -10
70   80 -10
523   461 62
209   184 25
630   553 77
1,043   638 405
626   552 74
210   127 83
847   506 341
961   867 94
961   1,027 -66
3,100   3,167 -67
1,601   1,525 76
441   506 -65
187   216 -29
114   131 -17
57   65 -8
858   911 -53
401   376 25
114   107 7
38     38
994   1,222 -228
621   774 -153
1,677   2,062 -385
346   458 -112
58   76 -18
1,364   1,662 -298
340   407 -67
1,032   1,319 -287
57   69 -12
57   69 -12
172   205 -33
115   137 -22
58   67 -9
407   470 -63
98   80 18
1,181   957 224
593   478 115
293   239 54
297   239 58
813   574 239
741   514 227
174   121 53
478   332 146
1,322   1,321 1
972   872 100
177   176 1
440   395 45
795   700 95
652   833 -181
816   1,041 -225
326   416 -90
934   911 23
330   321 9
1,622   2,357 -735
183   109 74
83   139 -56
40   23 17
66   480 -414
51   45 6
123   129 -6
55   53 2
274   267 7
327   321 6
136   104 32
101   93 8
84   91 -7
171   184 -13
169   110 59
34   41 -7
47   82 -35
82   81 1
252   115 137
42   30 12
205   169 36
29   24 5
202   149 53
142   268 -126
132   108 24
86   85 1
95   81 14
135   121 14
171   134 37
243   141 102
45   54 -9
119   115 4
73   87 -14
55   53 2
55   53 2
111   107 4
55   53 2
1,410   2,324 -914
1,142   1,018 124
1,856   1,945 -89
1,386   1,191 195
320   259 61
426   346 80
17     17
50     50
1,175   400 775
763   428 335
380   214 166
477   522 -45
241   261 -20
639   647 -8
934   535 399
1,269   1,133 136
1,227   1,052 175
118   123 -5
148   232 -84
43   23 20
286   173 113
99   113 -14
69   480 -411
46   43 3
29   34 -5
102   105 -3
134   131 3
104   106 -2
18   20 -2
110   80 30
53   82 -29
210   201 9
137   57 80
55   15 40
44   30 14
386   254 132
107   90 17
37   43 -6
121   107 14
79   87 -8
152   151 1
129   108 21
48   48  
102   72 30
192   186 6
108   94 14
36,883   35,500 1,383
2,627   2,051 576
916   564 352
1,102   677 425
11,257   10,030 1,227
29,711   29,040 671
20,526   17,628 2,898
341   315 26
444   412 32
339   315 24
885   824 61
78   73 5
79   73 6
2,161   2,168 -7
6,266   5,415 851
63   69 -6
6   7 -1
2   2  
2   2  
79   85 -6
13   14 -1
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       10
b       36
c       8
d       86
e       16
      9
      34
      23
      7
      26
      15
      -323
      -64
      14
      21
      -189
      -126
      -61
      -63
      -61
      234
      -634
      -164
      -36
      -12
      -12
      102
      -59
      -3
      45
      -12
      -71
      -14
      28
      -28
      -24
      -418
      3
       
      -7
      -17
      5
      -24
      26
      -63
      136
      31
      -11
      37
      15
      -17
      103
      104
      310
      97
      56
      36
      3
      -14
      1
      -3
      -39
      -43
      17
      56
      29
      -8
      -103
      1
      36
      6
      -12
      -23
      534
      76
      -14
      -12
      -12
      56
      -11
      10
      -11
      69
      -10
      -10
      62
      25
      77
      405
      74
      83
      341
      94
      -66
      -67
      76
      -65
      -29
      -17
      -8
      -53
      25
      7
      38
      -228
      -153
      -385
      -112
      -18
      -298
      -67
      -287
      -12
      -12
      -33
      -22
      -9
      -63
      18
      224
      115
      54
      58
      239
      227
      53
      146
      1
      100
      1
      45
      95
      -181
      -225
      -90
      23
      9
      -735
      74
      -56
      17
      -414
      6
      -6
      2
      7
      6
      32
      8
      -7
      -13
      59
      -7
      -35
      1
      137
      12
      36
      5
      53
      -126
      24
      1
      14
      14
      37
      102
      -9
      4
      -14
      2
      2
      4
      2
      -914
      124
      -89
      195
      61
      80
      17
      50
      775
      335
      166
      -45
      -20
      -8
      399
      136
      175
      -5
      -84
      20
      113
      -14
      -411
      3
      -5
      -3
      3
      -2
      -2
      30
      -29
      9
      80
      40
      14
      132
      17
      -6
      14
      -8
      1
      21
       
      30
      6
      14
      1,383
      576
      352
      425
      1,227
      671
      2,898
      26
      32
      24
      61
      5
      6
      -7
      851
      -6
      -1
       
       
      -6
      -1
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 9,114
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 87,671 1,854,176 0.047283
2016 80,921 1,765,156 0.045844
2015 151,913 1,683,477 0.090238
2014 103,233 1,757,130 0.058751
2013 84,880 1,837,443 0.046195
2
Total of line 1, column (d) .....................
2
0.288311
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
0.057662
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,806,402
5
Multiply line 4 by line 3......................
5
104,161
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
343
7
Add lines 5 and 6........................
7
104,504
8
Enter qualifying distributions from Part XII, line 4,.............
8
92,892
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 1 687
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........................... 3 687
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- ..... 5 687
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,124
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 1,124
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 437
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet437 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)
    bulletNY
    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 addressbullet  
    14
    The books are in care ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    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
     
     
    .........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
    JP Morgan Chase Bank NA TRUSTEE
    2     		24,200    
    10 S DEARBORN ST MC IL 1-0111
    CHICAGO,IL60603
    DAVID BOTTOMS CO-TRUSTEE
    2     		2,076    
    115 Lakeshore Dr Apt 1247
    North Palm Beach,FL33408
    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
    1,803,043
    b
    Average of monthly cash balances.......................
    1b
    30,868
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,833,911
    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
    1,833,911
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,509
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,806,402
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    90,320
    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
    90,320
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    687
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    687
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    89,633
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    89,633
    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
    89,633
    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
    92,892
    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
    92,892
    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
    92,892
    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 89,633
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 82,131
    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$ 92,892
    a Applied to 2017, but not more than line 2a 82,131
    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..... 10,761
    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 ..........     		78,872
    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).)
    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:
    DEBBIE L OTTINGER CO JPMORGAN CHAS
    2200 ROSS AVENUE FLOOR 5
    DALLAS,TX75201
    (214) 965-2914
    bThe form in which applications should be submitted and information and materials they should include:
    NONE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SOME GRANTS ARE SPECIFIED BY THE WILL THAT CREATED THE TRUST OTHERS LIMITED TO ORGANIZATIONS DESCRIBED BY IRC SECTION 501(C)(3)
    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
    WILLIAMS COLLEGE
    PO BOX 67
    WILLIAMSTOWN,MA012670067     		NONE PC GENERAL 5,000
    BARGEMUSIC LTD
    C O STANLEY T STAIRS
    FULTON FERRY LANDING
    BROOKLYN,NY11201     		NONE PC GENERAL 12,131
    LIGHTHOUSE INTERNATIONAL
    111 E 59TH STREET
    NEW YORK,NY100221264     		NONE PC GENERAL 2,500
    VISITING NURSE SERVICES OF NY
    NY
    107 E 70TH ST
    NEW YORK,NY100214990     		NONE PC GENERAL 5,000
    CHILDREN'S AID SOCIETY
    105 E 22ND ST RM 504
    NEW YORK,NY100105453     		NONE PC GENERAL 1,500
    CARNEGIE HALL CORPORATION
    881 SEVENTH AVENUE
    NEW YORK,NY10019     		NONE PC GENERAL 25,000
    WELLS COLLEGE
    170 MAIN ST
    AURORA,NY130261101     		NONE PC GENERAL 5,000
    AUBURN UNIVERSITY FOUNDATION
    317 S COLLEGE ST
    Auburn,AL36849     		NONE PC GENERAL 25,000
    THE MANNES COLLEGE OF MUSIC
    150 WEST 85TH STREET
    NEW YORK,NY10024     		NONE PC GENERAL 1,000
    Total .................................bullet 3a 82,131
    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 42,148  
    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 9,114  
    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)..   51,262  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    51,262
    (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 InvestmentsCorpBondsSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Name of Bond End of Year Book Value End of Year Fair Market Value
    464287226 ISHARES CORE U.S. AG 203,236 205,405
    92203J407 VANGUARD TOTAL INTL 85,364 90,148
    921937827 VANGUARD SHORT-TERM    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Name of Stock End of Year Book Value End of Year Fair Market Value
    464286392 ISHARES MSCI WORLD E 72,827 99,663
    464287465 ISHARES MSCI EAFE IN 303,211 348,741
    46432F842 ISHARES CORE MSCI EA 72,736 76,584
    78462F103 SPDR S&P 500 ETF TRU 329,687 502,896
    922042874 VANGUARD FTSE EUROPE    
    46641Q696 JPMORGAN BETABUILDER 18,339 19,848
    46641Q712 JPMORGAN BETABUILDER 27,454 28,001
    G1151C101 ACCENTURE PLC-CL A 1,693 3,017
    00724F101 ADOBE INC. 1,399 4,333
    G0176J109 ALLEGION PLC 1,933 3,241
    02079K107 ALPHABET INC-CL C 9,015 14,355
    02079K305 ALPHABET INC-CL A 3,996 6,520
    023135106 AMAZON.COM INC 7,803 16,207
    025816109 AMERICAN EXPRESS CO 5,089 5,405
    032654105 ANALOG DEVICES INC    
    037833100 APPLE INC 7,724 18,975
    G6095L109 APTIV PLC    
    053015103 AUTOMATIC DATA PROCE 3,856 4,440
    060505104 BANK OF AMERICA CORP 7,840 7,097
    084670702 BERKSHIRE HATHAWAY I 5,712 6,829
    09062X103 BIOGEN INC    
    101137107 BOSTON SCIENTIFIC CO 2,887 5,752
    110122108 BRISTOL-MYERS SQUIBB 4,360 4,441
    11135F101 BROADCOM INC 4,492 8,221
    151020104 CELGENE CORP    
    16119P108 CHARTER COMMUNICATIO 4,134 7,050
    H1467J104 CHUBB LTD 4,396 5,302
    172967424 CITIGROUP INC 22,228 6,986
    191216100 COCA-COLA CO/THE 2,896 3,471
    20030N101 COMCAST CORP-CLASS A 6,785 8,079
    247361702 DELTA AIR LINES INC    
    25278X109 DIAMONDBACK ENERGY I 2,595 1,934
    256746108 DOLLAR TREE INC    
    26078J100 DOWDUPONT INC    
    277432100 EASTMAN CHEMICAL CO    
    285512109 ELECTRONIC ARTS INC 4,236 4,444
    532457108 ELI LILLY & CO 3,363 5,046
    26875P101 EOG RESOURCES INC 5,074 3,970
    518439104 ESTEE LAUDER COMPANI    
    31620M106 FIDELITY NATIONAL IN 3,677 5,802
    369550108 GENERAL DYNAMICS COR 3,565 3,998
    375558103 GILEAD SCIENCES INC    
    38141G104 GOLDMAN SACHS GROUP    
    437076102 HOME DEPOT INC 1,273 7,056
    438516106 HONEYWELL INTERNATIO 5,726 9,285
    45866F104 INTERCONTINENTAL EXC 1,221 1,978
    493267108 KEYCORP 2,746 3,587
    548661107 LOWE'S COS INC 2,892 4,458
    56585A102 MARATHON PETROLEUM C 6,614 5,700
    57636Q104 MASTERCARD INC - A 3,542 10,813
    G5960L103 MEDTRONIC PLC    
    58933Y105 MERCK & CO. INC. 4,947 6,539
    594918104 MICROSOFT CORP 9,590 25,280
    609207105 MONDELEZ INTERNATION 1,324 4,676
    617446448 MORGAN STANLEY 4,575 7,471
    64110L106 NETFLIX INC 4,041 3,461
    65339F101 NEXTERA ENERGY INC 2,902 4,676
    65473P105 NISOURCE INC    
    655844108 NORFOLK SOUTHERN COR 4,527 6,386
    666807102 NORTHROP GRUMMAN COR 4,504 5,980
    67066G104 NVIDIA CORP 4,705 4,552
    67103H107 O'REILLY AUTOMOTIVE 1,507 2,654
    674599105 OCCIDENTAL PETROLEUM    
    701094104 PARKER HANNIFIN CORP    
    701877102 PARSLEY ENERGY INC-C    
    70450Y103 PAYPAL HOLDINGS INC 4,263 5,292
    713448108 PEPSICO INC 5,172 6,656
    717081103 PFIZER INC 2,228 7,011
    718172109 PHILIP MORRIS INTERN 2,250 2,073
    723787107 PIONEER NATURAL RESO 4,518 3,452
    693656100 PVH CORP    
    79466L302 SALESFORCE.COM INC 5,953 7,004
    808513105 SCHWAB (CHARLES) COR    
    854502101 STANLEY BLACK & DECK 3,523 4,574
    78486Q101 SVB FINANCIAL GROUP    
    882508104 TEXAS INSTRUMENTS IN 4,289 6,732
    907818108 UNION PACIFIC CORP 4,176 6,864
    91324P102 UNITEDHEALTH GROUP I 6,433 12,874
    913017109 UNITED TECHNOLOGIES 2,197 2,670
    92532F100 VERTEX PHARMACEUTICA 1,398 3,105
    92826C839 VISA INC-CLASS A SHA 2,178 4,982
    254687106 WALT DISNEY CO/THE 2,812 4,547
    94106B101 WASTE CONNECTIONS IN 1,658 2,898
    949746101 WELLS FARGO & CO 3,345 3,758
    96208T104 WEX INC 1,415 3,017
    981558109 WORLDPLAY INC CL A    
    988498101 YUM] BRANDS INC 1,814 2,013
    98956P102 ZIMMER BIOMET HOLDIN 5,287 6,828
    30303M102 FACEBOOK INC-CLASS A 2,958 4,839
    00287Y109 ABBVIE INC 4,952 5,527
    015351109 ALEXION PHARMACEUTIC 1,886 1,595
    110122157 RTS BRISTOL-MYERS SQ    
    22052L104 CORTEVA INC 2,453 2,108
    26614N102 DUPONT DE NEMOURS IN 4,146 3,046
    337738108 FISERV INC 7,982 10,345
    580135101 MCDONALD'S CORP 3,017 2,917
    742718109 PROCTER & GAMBLE CO/ 4,376 5,004
    747525103 QUALCOMM INC 1,989 1,922
    778296103 ROSS STORES INC 2,808 4,065
    G5494J103 LINDE PLC 8,273 9,898
    N6596X109 NXP SEMICONDUCTORS N 2,610 3,236

    TY 2018 InvestmentsOtherSchedule2
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    464287564 ISHARES COHEN & STEE AT COST 16,743 28,731
    78463V107 SPDR GOLD SHARES AT COST 40,896 38,325

    TY 2018 OtherDecreasesSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Description Amount
    ROUNDING 3
    COST BASIS ADJUSTMENT 8


    TY 2018 OtherExpensesSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY GENERAL FEE 250 0   250


    TY 2018 OtherIncreasesSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Description Amount
    SALES ADJUSTMENTS 13


    TY 2018 TaxesSchedule
    Name:
    TRUST UW M ZALLES 7-8219 WELLS COLLEGE
    EIN:
    13-6761281
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 39 39   0
    FEDERAL ESTIMATES - INCOME 874 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,074 1,074   0
    FOREIGN TAXES ON NONQUALIFIED 49 49   0