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 07-01-2018 , and ending 06-30-2019
Name of foundation
SPENCER F AND CLEONE P ECCLES
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3028
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALT LAKE CITY, UT84110
A Employer identification number

87-6227329
B Telephone number (see instructions)

(801) 246-5331
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$15,424,297J 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) 292,365
2 Check bullet.............
3 Interest on savings and temporary cash investments 38,541 38,541  
4 Dividends and interest from securities... 212,540 212,540  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,197,384
b Gross sales price for all assets on line 6a 5,586,781
7 Capital gain net income (from Part IV, line 2)... 1,197,384
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 179,196 183,389  
12 Total. Add lines 1 through 11........ 1,920,026 1,631,854  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 14,276 0   14,276
b Accounting fees (attach schedule)....... Click to see attachment 3,393 2,545   848
c Other professional fees (attach schedule).... Click to see attachment 92,236 69,177   23,059
17 Interest............... 98,053 0   98,053
18 Taxes (attach schedule) (see instructions)... Click to see attachment 50,757 600   7,238
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 6,210 0   6,210
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,795,310 4,758,128   25,854
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,060,235 4,830,450   175,538
25 Contributions, gifts, grants paid....... 1,316,247 1,316,247
26 Total expenses and disbursements. Add lines 24 and 25 6,376,482 4,830,450   1,491,785
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,456,456
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 494,663 502,529 502,529
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment166,173 173,631
b Investments—corporate stock (attach schedule)....... 5,954,408 Click to see attachment5,543,950 6,552,137
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).......... 11,110,208 Click to see attachment11,185,023 8,196,000
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) 17,559,279 17,397,675 15,424,297
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) Click to see attachment4,092,668 Click to see attachment1,542,668
23 Total liabilities (add lines 17 through 22)......... 4,092,668 1,542,668
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........ 16,637,602 16,637,602
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -3,170,991 -782,595
30 Total net assets or fund balances (see instructions)..... 13,466,611 15,855,007
31 Total liabilities and net assets/fund balances (see instructions). 17,559,279 17,397,675
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
13,466,611
2
Enter amount from Part I, line 27a .....................
2
-4,456,456
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,750,465
4
Add lines 1, 2, and 3 ..........................
4
16,760,620
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
905,613
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,855,007
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 8600 SHARES WELLS FARGO     2018-07-27
b 4125 SHARES WELLS FARGO     2018-09-25
c 4500 SHARES WELLS FARGO     2018-11-14
d 120000 SHARES GENERAL ELECTRIC     2019-02-01
e 60000 SHARES GENERAL ELECTRIC     2019-02-26
21275 SHARES GENERAL ELECTRIC     2019-03-08
31000 SHARES GENERAL ELECTRIC     2019-03-14
.219 SHARES WABTEC CORP     2019-03-27
4000 SHARES WELLS FARGO     2019-03-08
4200 SHARES WELLS FARGO     2019-04-24
CYNOSURE INVESTMENT PARTNERS P    
CARLYLE FINANCIAL SERVICE AIV III P    
CARLYLE FINANCIAL SERVICE AIV III P    
CARLYLE GLOBAL FINANACIAL SERVICES P    
WEST RIM CAPITAL PARTNERS P    
WEST RIM CAPITAL PARTNERS P    
KEYSTONE PRIVATE EQUITY OPPORTUNITIES II P    
KEYSTONE PRIVATE EQUITY OPPORTUNITIES II P    
CORSAIR III FINANCIAL SERVICES OFFSHORE CAPITAL PARTNERS P    
CYNOSURE FENWAY SUMMER P    
CYNOSURE BRAND GROUP II P    
CYNOSURE SAVANT HOLDINGS P    
41 SHARES CONOCOPHILLIPS P   2018-09-04
42 SHARES SUNTRUST BANK INC. P   2018-09-04
10 SHARES UNITEDHEALTH GROUP P   2018-09-04
59 SHARES BECTON DICKINSON & CO P   2018-10-31
119 SHARES LAM RESEARCH CORP P   2019-04-25
149 SHARES DISCOVER FINANCIAL SERVICES P   2019-06-04
275 SHARES DISCOVER FINANCIAL SERVICES P   2019-06-05
5 SHARES ALPAHBET INC. CL A P   2018-12-20
15 SHARES BIOGEN, INC. P   2018-12-21
29 SHARES CINTAS CORP P   2018-12-19
20 SHARES FEDEX CORPORATION P   2018-12-13
10 SHARES SHERWIN WILLIAMS P   2018-12-19
22 SHARES SVB FINL GROUP P   2018-12-14
4 SHARES SVB FINL GROUP P   2018-12-14
43 SHARES ADOBE INC. P   2019-01-09
7 SHARES ADOBE INC. P   2019-01-09
37 SHARES CBOE GLOBAL MARKETS, INC. P   2019-01-15
21 SHARES CBOE GLOBAL MARKETS, INC. P   2019-01-16
42 SHARES CENTENE CORP DEL P   2019-01-14
44 SHARES QUALCOMM INC. P   2019-01-22
54 SHARES ROSS STORES, INC. P   2019-01-09
33 SHARES TJX COMPANIES, INC. P   2019-01-09
22 SHARES TJX COMPANIES, INC. P   2019-01-09
65 SHARES TJX COMPANIES, INC. P   2019-01-09
48 SHARES AMERIPRISE FINL, INC. P   2019-02-13
132 SHARES ARCHER DANIELS MIDLAND CO. P   2019-02-12
39 SHARES INTERPUBLIC GROUP COS INC. P   2019-02-13
33 SHARES INTERPUBLIC GROUP COS INC. P   2019-02-13
254 SHARES INTERPUBLIC GROUP COS INC. P   2019-02-13
25 SHARES KHOLS CORP P   2019-02-21
65 SHARES KHOLS CORP P   2019-02-21
56 SHARES QUALCOMM, INC. P   2019-02-01
14 SHARES AMGEN, INC. P   2019-03-29
37 SHARES APPLE, INC. P   2019-03-11
41 SHARES BERKSHIRE HATHAWAY, INC. P   2019-03-12
47 SHARES BERKSHIRE HATHAWAY, INC. P   2019-03-21
206 SHARES CITIGROUP INC. P   2019-03-26
34 SHARES CME GROUP INC. P   2019-03-18
133 SHARES COCA COLA CO. P   2019-03-11
50 SHARES HCA HOLDINGS, INC. P   2019-03-18
22 SHARES INTEL CORP P   2019-03-29
68 SHARES INTEL CORP P   2019-03-29
32 SHARES JOHNSON & JOHNSON P   2019-03-21
16 SHARES TRACTOR SUPPLY CO P   2019-03-22
57 SHARES TRACTOR SUPPLY CO P   2019-03-22
26 SHARES UNITEDHEALTH GROUP INC. P   2019-03-29
74 SHARES WALMART INC. P   2019-03-22
4 SHARES AMAZON COM INC. P   2019-04-16
60 SHARES AMERICAN EXPRESS CO P   2019-04-02
25 SHARES CONOCOPHILLIPS P   2019-04-16
91 SHARES CONOCOPHILIPS P   2019-04-16
61 SHARES DOW INC. P   2019-04-12
12 SHARES DOW INC. P   2019-04-12
.3333 SHARES DOW INC. P   2019-04-25
43 SHARES INTEL COROP P   2019-04-02
18 SHARES INTEL CORP P   2019-04-02
71 SHARES NIKE INC. CL B P   2019-04-15
13 SHARES RAYTHEON COMPANY P   2019-04-05
23 SHARES RAYTHEON COMPANY P   2019-04-05
36 SHARES STARBUCKS CORP P   2019-04-15
15 SHARES STARBUCKS CORP P   2019-04-15
27 SHARES UNITEDHEALTH GROUP, INC. P   2019-04-01
85 SHARES BANK OF AMERICA CORP P   2019-05-22
111 SHARES BANK OF AMERICA CORP P   2019-05-22
37 SHARES CIGNA CORP P   2019-05-20
10 SHARES CIGNA CORP P   2019-05-20
220 SHARES DOWDUPONT INC. P   2019-05-20
134 SHARES EXXON MOBIL CORPORATION P   2019-05-20
31 SHARES EXXON MOBIL CORPORATION P   2019-05-21
12 SHARES EXXON MOBIL CORPORATION P   2019-05-21
45 SHARES NVIDIA CORP P   2019-05-20
13 SHARES NVIDIA CORP P   2019-05-20
15 SHARES NVIDIA CORP P   2019-05-20
16 SHARES REGENERON PHARMACEUTICALS, INC. P   2019-05-20
62 SHARES ABBOTT LABS P   2019-06-19
59 SHARES ABBOTT LABS P   2019-06-25
154 SHARES ADVANCED MICRO DEVICES, INC. P   2019-06-19
150 SHARES ADVANCED MICRO DEVICES, INC. P   2019-06-25
6 SHARES ALPHABET INC. CL A P   2019-06-19
6 SHARES ALPHABET INC. CL A P   2019-06-25
4 SHARES AMAZON COM INC. P   2019-06-19
4 SHARES AMAZON COM INC. P   2019-06-25
33 AMERICAN EXPRESS CO P   2019-06-19
33 SHRES AMERICNA EXPRESS CO P   2019-06-25
16 SHARES AMERICAN TOWER CORP P   2019-06-19
16 SHARES AMERICAN TOWER CORP P   2019-06-25
19 SHARES AMGEN INC. P   2019-06-19
19 SHARES AMGEN INC. P   2019-06-25
44 SHARES APPLE INC. P   2019-06-19
44 SHARES APPLE INC. P   2019-06-25
18 SHARES AUTOMATIC DATA PROCESSING, INC. P   2019-06-19
17 SHARES AUTOMATIC DATA PROCESSING INC. P   2019-06-25
2 SHARES AUTOZONE, INC. P   2019-06-19
3 SHARES AUTOZONE, INC. P   2019-06-25
196 SHARES OF BANK OF AMERICA CORP P   2019-06-19
193 SHARES OF BANK OF AMERICA CORP P   2019-06-25
7 SHARES BOEING, CO P   2019-06-11
10 SHARES BOEING, CO P   2019-06-19
11 SHARES BOEING, CO P   2019-06-25
78 SHARES BRISTOL MYERS SQUIBB CO P   2019-06-19
77 SHARES BRISTOL MYERS SQUIBB CO P   2019-06-25
9 SHARES BROADCOM INC. P   2019-06-19
9 SHARES BROADCOM INC. P   2019-06-25
23 SHARES CATEPILLAR INC. P   2019-06-19
23 SHARES CATEPILLAR INC. P   2019-06-25
78 SHARES CHEVRON CORP P   2019-06-19
77 SHARES CHEVRON CORP P   2019-06-25
113 CISCO SYSTEMS INC. P   2019-06-19
109 CISCO SYSTEMS INC. P   2019-06-25
93 SHARES COMCAST CORP CLASS A P   2019-06-19
93 SHARES COMCAST CORP CLASS A P   2019-06-25
75 SHARES CONOCOPHILLIPS P   2019-06-19
72 SHARES CONOCOPHILIPS P   2019-06-25
11 SHARES COSTCO WHOLESALE CORP P   2019-06-19
10 SHARES COSTCO WHOLESALE CORP P   2019-06-25
18 SHARES CUMINS INC. P   2019-06-19
18 SHARES CUMMINS INC. P   2019-06-25
70 SHARES CVS HEALTH CORPORTION P   2019-06-19
69 SHARES CVS HEALTH CORPORATION P   2019-06-25
18 SHARES DANAHER CORP P   2019-06-19
18 SHAERS DANAHER CORP P   2019-06-25
35 SHARES DOLLAR TREE INC. P   2019-06-19
36 SHARES DOLLAR TREE INC. P   2019-06-25
16 SHARES EDWARES LIFESCIENCES CORP P   2019-06-19
16 SHARES EDWARES LIFESCIENCES CORP P   2019-06-25
54 SHARES ELI LILLY & CO COM P   2019-06-14
5 SHARES EQUINIX INC. P   2019-06-19
5 SHARES EQUINIX INC. P   2019-06-25
15 SHARES ESTEE LAUDER COMPANIES INC. P   2019-06-17
15 SHARES ESTEE LAUDER COMPANIES INC. P   2019-06-19
87 SHARES EXXON MOBIL CORPORTION P   2019-06-25
28 SHARES FACEBOOK, INC. P   2019-06-19
27 SHARES FACEBOOK, INC. P   2019-06-25
13 SHARES GOLDMAN SCACHS GROUP INC. P   2019-06-17
13 SHARES GOLDMAN SCACHS GROUP INC. P   2019-06-19
13 SHARES GOLDMAN SCACHS GROUP INC. P   2019-06-25
24 SHARES HOME DEPOT INC. P   2019-06-19
25 SHARES HOME DEOPT INC. P   2019-06-25
19 SHARES HONEYWELL INTERNATIONAL INC. P   2019-06-19
18 SHARES HONEYWELL INTERNATIONAL INC. P   2019-06-25
121 SHARES INTELL CORP P   2019-06-11
17 SHARES JOHNNSON & JOHNSON P   2019-06-19
17 SHARES JOHNNSON & JOHNSON P   2019-06-25
35 SHARES JPMORGAN CHASE & CO P   2019-06-19
45 SHARES JPMORGAN CHASE & CO P   2019-06-25
44 SHARES JPMORGAN CHASE & CO P   2019-06-25
14 SHARES LAM RESEARCH CORP COM P   2019-06-19
13 SHARES LAM RESEARCH CORP COM P   2019-06-25
18 SHARES MCCORMICK & CO INC NON VTG P   2019-06-19
17 SHARES MCCORMICK & CO INC. NON VTG P   2019-06-25
14 SHARES MCDONALDS CORP P   2019-06-19
13 SHARES MCDONALDS CORP P   2019-06-25
62 SHARES MERCK & CO INC NEW P   2019-06-19
61 SHARES MERCK & CO INC. NEW P   2019-06-25
51 SHARES METLIFE INC. P   2019-06-19
50 SHARES METLIFE INC. P   2019-06-25
92 SHARES MICROSOFT CORP P   2019-06-19
91 SHARES MICROSOFT CORP P   2019-06-25
43 SHARES NIKE INC. CL B P   2019-06-19
43 SHARES NIKE INC. CL B P   2019-06-25
8 SHARES NORTHROP GRUMMAN CORP P   2019-06-19
8 SHARES NORTHROP GRUMMAN CORP P   2019-06-25
43 SHARES ORACLE CORPORATION P   2019-06-19
41 SHARES ORACLE CORPORATION P   2019-06-25
38 SHARES PAYPAL HOLDINGS, INC. P   2019-06-19
36 SHARES PAYPAL HOLDINGS, INC. P   2019-06-25
20 SHARES PEPSICO INC. P   2019-06-19
21 SHARES PEPSICO INC. P   2019-06-25
64 SHARES PFIZER INC. P   2019-06-19
63 SHARES PFIZER INC. P   2019-06-25
28 SHARE PROCTER & GAMBLE CO P   2019-06-19
27 SHARES PROCTER & GAMBLE CO P   2019-06-25
43 SHARES PROGRESSIVE CORP OHIO P   2019-06-19
42 SHARES PROGRESSIVE CORP OHIO P   2019-06-25
49 SHARES STARBUCKS CORP COM P   2019-06-19
48 SHARES STARBUCKS CORP COM P   2019-06-25
10 SHARES THERMO FISHER SCIENTIFIC, INC. P   2019-06-19
10 SHARES THERMO FISHER SCIENTIFIC, INC. P   2019-06-25
7 SHARES ULTA BEAUTY, INC. P   2019-06-19
7 SHARES ULTA BEAUTY, INC. P   2019-06-25
17 SHARES UNION PACIFIC CORP P   2019-06-19
15 SHARES UNION PACIFICI CORP P   2019-06-25
44 SHARES UNITED CONTINENTAL HOLDINGS, INC. P   2019-06-19
44 SHARES UNITED CONTINENTAL HOLDINGS, INC. P   2019-06-25
66 SHARES UNITED TECHNOLOGIES CORP P   2019-06-14
91 SHARES VERIZON COMMUNICATIONS P   2019-06-19
89 SHARES VERIZON COMMUNICATIONS P   2019-06-25
33 SHARES VISA INC. P   2019-06-19
32 SHARES VISA INC. P   2019-06-25
48 SHARES WALMART, INC. P   2019-06-19
46 SHARES WALMART, INC. P   2019-06-25
41 SHARES WALT DISNEY CO. P   2019-06-19
39 SHARES WALT DISNEY CO P   2019-06-25
65 SHARES WELLS FARGO & CO. P   2019-06-19
63 SHARES WELLS FARGO & CO. P   2019-06-25
26 SHARES CHUBB LTD P   2019-06-19
26 SHARES CHUBB LTD P   2019-06-25
29 SHARES INGERSOLL-RAND PLC P   2019-06-19
28 SHARES INGERSOLL-RAND PLC P   2019-06-25
13 SHARES LINDE PLC P   2019-06-19
14 SHARES LINDE PLC P   2019-06-25
30 SHARES LYONDELL BASEBALL INDU-CL A P   2019-06-19
30 SHARES LYONDELL BASEBALL INDU-CL A P   2019-06-25
42 SHARES RIO TINTO PLC P   2019-06-19
41 SHARES RIO TINTO PLC P   2019-06-25
  P    
53 SHARES GENERAL MILLS INC. P   2018-12-12
150 SHARES GENERAL MILLS INC P   2018-12-17
108 SHARES VALERO ENERGY CORP P   2018-12-17
93 SHARES DOMINION ENERGY, INC. P   2019-01-18
146 SHARES HOST SOTELS & RESORTS, INC. P   2019-01-07
36 SHARES HOST HOTELS AND RESORTS, INC. P   2019-01-07
17 SHARES HOST HOTELS AND RESORTS, INC. P   2019-01-07
253 SHARES HOST HOTELS & RESORTS, INC. P   2019-01-07
82 SHARES PEOPLE'S UNITED FINANCIAL INC. P   2019-01-15
47 SHARES WATSCO INC. P   2019-01-18
63 SHARES LYONDELLBASEBALL INDU-CL A P   2019-01-15
7 SHARES LYONDELLBASEBALL INDU-CL A P   2019-01-15
96 SHARES ABBVIE INC. P   2019-02-06
153 SHARES AES CORP P   2019-02-15
165 SHARES AT&T INC. P   2019-02-15
100 SHARES GILEAD SCIENCES, INC. P   2019-02-15
12 SHARES PROCTER & GAMBLE CO P   2019-02-07
11 SHARES PROCTER & GAMBLE CO P   2019-02-07
210 SHARES AT&T INC. P   2019-03-08
95 SHARES OCCIDENTAL PETE CORP P   2019-03-08
10 SHARES CINCINNATI FINANCIAL CORP P   2019-06-14
5 SHARES CINCINNATI FINANCIAL CORP P   2019-06-14
175 SHARES DICKS SPORTING GOODS P   2019-06-14
42 SHARES SIMON PROPERTY GROUP P   2019-06-18
  P    
71 SHARES AARMARK P   2018-12-20
22 SHARES BURLINGTON STORES, INC P   2018-12-26
28 SHARES CENTENE CORP DEL P   2018-12-20
186 SHARES CENTENNIAL RESOURCE DEVELOPMENT P   2018-12-12
44 SHARES CHURCH & DWIGHT, INC. P   2018-12-13
52 SHARES ETRADE GROUP P   2018-12-12
41 SHARES KANSAS CITY SOUTHERN P   2018-12-12
85 ROKU INC. P   2018-12-12
168 SPROUTS FARMERS MARKETS P   2018-12-12
92 SHARES SUPERNUS PHARMACEUTICALS INC. P   2018-12-12
80 SHARES WESTERN ALLIANCE BANCORPORATION P   2018-12-12
98 SHARES XPO LOGISTICS INC. P   2018-12-17
64 SHARES ARAMARK P   2019-01-07
22 SHARES ARAMAK P   2019-01-07
13 SHARES BROADRIDGE FINANCIAL SOLUTIONS P   2019-01-25
32 SHARES CDW CORP P   2019-01-07
80 SHARES CHEMICAL FINL CORP P   2019-01-25
13 SHARES LABORATORY CRP OF AMER HLDGS P   2019-01-17
15 SHARES LABORATORY CRP OF AMER HLDGS P   2019-01-17
106 SHARES LKQ CORP P   2019-01-09
40 SHARES CBOE GLOBAL MARKETS, INC. P   2019-02-07
42 SHARES GREEN DOT CORP P   2019-02-28
14 SHARES MEDPACE HOLDINGS. INC. P   2019-02-28
58 SHARES MEDPACE HOLDINGS, INC. P   2019-02-28
32 SHARES RESMED INC. P   2019-02-07
28 SHARES BROADRIDGE FINANCIAL SOLUTIONS P   2019-03-05
16 SHARES BURLINGTON SHORES P   2019-03-25
44 SHARES CENTENE CORP DEL P   2019-03-28
124 SHARES CENTERPOINT ENERGY P   2019-03-05
81 SHARES CIENA CORP P   2019-03-22
125 SHARES MOSAIC CO P   2019-03-11
25 SHARES PRA HEALTH SCIENCES INC. P   2019-03-05
54 SHARES WESTLAKE CHEM CORP P   2019-03-26
42 SHARES BIOTELEMETRY, INC. P   2019-04-04
28 SHARES KEYSIGHT TECHNOLOGIES, INC. P   2019-04-29
68 SHARES SPIRIT AIRLINES, INC. P   2019-04-29
38 SHARES CYBER-ARK SOFTWARE LTD P   2019-04-09
62 SHARES MIMECAST LTD P   2019-04-09
39 SHARES GLOBAL PMTS INC. P   2019-05-31
31 SHARES GUIDEWIRE SOFTWARE P   2019-05-09
21 SHARES KEYSIGHT TECHNOLOGIES, INC. P   2019-05-09
13 SHARES KEYSIGHT TECHNOLOGIES, INC. P   2019-05-09
13 SHARES LENNOX INTERNATIONAL INC. P   2019-05-31
49 SHARES RENTAL INC. P   2019-05-15
86 SHARES SENSATA TECHNOLOGIES HOLDINGS P   2019-05-15
7 SHARES SENSATA TECHNOLOGIES HOLDINGS P   2019-05-15
40 SHARES DIAMONDBACK ENERGY INC. P   2019-06-24
20 SHARES HEICO CORP P   2019-06-04
49 SHARES VERISK ANALYTICS, INC. P   2019-06-24
38 SHARES WAASTE CONNECTIONS, INC. P   2019-06-28
13 SHARES WASTE CONNECTIONS, INC. P   2019-06-28
  P    
SHARES ANHEUSER-BUSCH INBEV P   2019-02-11
US TREASURY BOND P   2019-06-28
US TREASURY NOTE P   2019-06-28
US TREASURY NOTE P   2019-06-27
US TREASURY NOTE P   2019-06-28
US TREASURY NOTE P   2019-06-27
US TREASURY NOTE P   2019-06-28
US TREASURY NOTE P   2019-06-28
ACTAVIS FUNDINGS P   2019-06-28
BANK OF MONTREAL P   2019-06-28
BANK OF NOVA SCOTIA P   2019-06-28
CIMAREX ENERGY CO P   2019-06-28
CISCO SYSTEMS P   2019-06-28
ENSCO PLC P   2019-06-28
EXELON GENERAION CO P   2019-06-28
FEDEX CORP P   2019-06-28
GOLDMAN SACHS GROUP P   2019-06-28
HUNTINGTON BANCSHARE P   2019-06-28
MICROSOFT CORP P   2019-06-28
ORACLE CORP P   2019-06-28
PFIZER P   2019-06-28
RESIONS FINANCIAL CO P   2019-06-28
ROYAL BNAK OF CANADA P   2019-06-28
VR BANK OF AMERICA P   2019-06-28
VR CITIGROUP INC. P   2019-06-28
VR GOLDMAN SACHS P   2019-06-28
VP JPMORGAN CHASE P   2019-06-28
VR MITSUBISHI UFJ P   2019-06-28
VR MORGAN STANLEY P   2019-06-28
VR WELLS FARGO P   2019-06-28
WALGREENS BOOTS ALLI P   2019-06-28
WELLS FARGO & COMPANY P   2019-06-28
(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 500,712   136,379 364,333
b 227,182   65,414 161,768
c 237,781   71,361 166,420
d 1,097,758   1,436,360 -338,602
e 606,454   707,556 -101,102
198,087   250,888 -52,801
303,378   365,571 -62,193
16   17 -1
200,439   63,432 137,007
198,875   66,604 132,271
250     250
    3 -3
    76 -76
55,068     55,068
115     115
393,053     393,053
    2,668 -2,668
88,251     88,251
    24,038 -24,038
    28,181 -28,181
165,935     165,935
    6,863 -6,863
3,007   2,883 124
3,081   2,880 201
2,685   2,581 104
14,768   14,454 314
23,153   20,473 2,680
11,155   10,957 198
20,579   20,223 356
5,278   5,522 -244
4,454   4,018 436
4,876   4,582 294
3,769   1,580 2,189
3,852   2,734 1,118
4,520   6,969 -2,449
821   1,236 -415
9,921   1,642 8,279
1,621   267 1,354
3,381   4,050 -669
1,911   2,299 -388
4,925   4,234 691
2,402   2,768 -366
4,840   4,137 703
1,546   1,815 -269
1,033   1,210 -177
3,054   3,547 -493
6,034   7,041 -1,007
5,478   6,301 -823
857   942 -85
726   794 -68
5,562   5,975 -413
1,657   1,804 -147
4,309   4,669 -360
2,789   3,523 -734
2,606   2,841 -235
6,425   2,848 3,577
8,105   8,601 -496
9,694   9,214 480
12,485   10,824 1,661
5,699   6,104 -405
6,018   4,438 1,580
6,589   4,927 1,662
1,170   1,010 160
3,613   3,121 492
4,427   1,985 2,442
1,465   1,425 40
5,205   5,033 172
6,261   953 5,308
7,319   3,179 4,140
7,378   7,317 61
6,578   6,421 157
1,692   1,729 -37
6,161   6,275 -114
3,384     3,384
667     667
18     18
2,305   1,950 355
965   401 564
6,020   6,069 -49
2,347   2,195 152
4,096   3,883 213
2,729   2,541 188
1,137   1,016 121
6,481   989 5,492
2,413   2,538 -125
3,150   3,315 -165
5,785   7,026 -1,241
1,577   1,894 -317
6,738   7,130 -392
10,229   10,628 -399
2,359   2,422 -63
913   937 -24
7,220   7,994 -774
2,073   2,266 -193
2,396   2,614 -218
4,960   6,526 -1,566
5,081   5,071 10
5,012   4,772 240
4,499   4,005 494
4,382   2,154 2,228
6,567   6,266 301
6,737   6,266 471
7,550   296 7,254
7,660   296 7,364
4,009   3,506 503
4,139   3,370 769
3,419   2,308 1,111
3,444   2,308 1,136
3,386   3,714 -328
3,529   3,491 38
8,549   539 8,010
8,795   539 8,256
2,987   1,860 1,127
2,864   1,757 1,107
2,249   1,520 729
3,364   2,281 1,083
5,486   5,853 -367
5,450   5,333 117
2,481   2,533 -52
3,550   3,618 -68
4,107   2,049 2,058
3,762   3,719 43
3,779   3,672 107
2,398   2,245 153
2,493   2,245 248
2,935   3,353 -418
3,079   2,014 1,065
9,470   9,572 -102
9,603   8,906 697
6,249   6,245 4
6,281   3,849 2,432
3,969   3,560 409
4,062   3,524 538
4,424   5,076 -652
4,364   4,754 -390
2,873   2,187 686
2,682   1,823 859
2,931   2,937 -6
3,060   2,937 123
3,815   3,870 -55
3,704   4,965 -1,261
2,508   633 1,875
2,585   633 1,952
3,786   3,594 192
4,035   3,676 359
2,948   2,029 919
3,102   2,029 1,073
6,213   4,953 1,260
2,558   2,473 85
2,540   2,473 67
2,658   2,329 329
2,745   2,329 416
6,442   6,577 -135
5,283   4,966 317
5,169   4,788 381
5,557   5,860 -303
2,486   2,533 -47
2,561   2,533 28
4,990   4,815 175
5,255   2,329 2,926
3,276   1,940 1,336
3,138   1,838 1,300
5,498   2,600 2,898
2,370   1,055 1,315
2,411   1,055 1,356
3,836   1,517 2,319
4,923   1,950 2,973
4,863   1,907 2,956
2,427   2,526 -99
2,379   2,346 33
2,791   2,157 634
2,642   1,742 900
2,849   687 2,162
2,665   637 2,028
5,157   4,846 311
5,155   3,354 1,801
2,460   2,433 27
2,455   2,385 70
12,222   6,141 6,081
12,482   4,708 7,774
3,538   3,309 229
3,681   3,308 373
2,478   2,460 18
2,580   2,460 120
2,286   1,578 708
2,314   1,504 810
4,449   3,417 1,032
4,190   3,166 1,024
2,651   2,345 306
2,818   2,457 361
2,739   1,501 1,238
2,767   1,386 1,381
3,103   1,809 1,294
3,034   1,745 1,289
3,502   3,008 494
3,405   2,810 595
4,075   3,199 876
4,048   3,121 927
2,859   2,262 597
2,940   1,672 1,268
2,458   2,341 117
2,505   2,341 164
2,802   2,635 167
2,544   2,288 256
3,828   3,812 16
3,838   3,240 598
8,208   5,790 2,418
5,245   5,135 110
5,141   4,789 352
5,593   3,668 1,925
5,549   3,557 1,992
5,231   4,956 275
5,150   4,747 403
5,791   4,608 1,183
5,523   2,886 2,637
2,944   3,007 -63
2,911   2,914 -3
3,862   3,622 240
3,887   3,622 265
3,565   3,102 463
3,511   2,865 646
2,622   2,151 471
2,836   2,317 519
2,575   2,458 117
2,602   2,458 144
2,550   2,500 50
2,474   2,440 34
      0
2,044   2,375 -331
5,730   6,662 -932
7,964   9,225 -1,261
6,389   7,749 -1,360
2,398   2,878 -480
592   710 -118
280   335 -55
4,162   4,974 -812
1,235   1,646 -411
6,652   8,229 -1,577
5,432   6,675 -1,243
603   742 -139
7,466   9,019 -1,553
2,594   1,858 736
4,875   5,584 -709
6,588   7,352 -764
1,174   1,049 125
1,076   952 124
6,258   7,106 -848
6,282   7,225 -943
1,026   742 284
513   371 142
5,981   6,002 -21
6,849   6,803 46
      0
2,178   3,102 -924
3,432   2,699 733
3,367   2,974 393
2,681   4,170 -1,489
2,986   2,210 776
2,347   2,761 -414
3,994   4,557 -563
3,216   4,003 -787
4,026   4,566 -540
3,471   4,259 -788
3,195   4,735 -1,540
5,151   8,294 -3,143
1,840   2,546 -706
628   809 -181
1,292   1,216 76
2,480   2,325 155
3,371   4,466 -1,095
1,717   2,217 -500
1,978   2,558 -580
2,562   3,674 -1,112
3,745   4,375 -630
2,675   3,048 -373
800   805 -5
3,246   3,336 -90
3,053   2,783 270
2,829   2,619 210
2,374   1,963 411
2,442   2,189 253
3,708   3,530 178
3,040   2,678 362
3,497   4,556 -1,059
2,701   2,385 316
3,577   4,258 -681
2,439   2,734 -295
2,483   1,865 618
3,602   4,146 -544
4,350   2,716 1,634
2,796   3,027 -231
5,681   4,061 1,620
3,170   2,901 269
1,823   1,398 425
1,129   866 263
3,484   2,824 660
6,139   6,086 53
3,943   4,016 -73
328   327 1
4,250   5,219 -969
2,395   1,232 1,163
7,147   5,022 2,125
3,555   2,695 860
1,219   922 297
      0
3,984   4,136 -152
3,489   3,136 353
101   94 7
102   96 6
3,367   3,219 148
17,311   16,667 644
10,591   10,028 563
214   199 15
4,132   4,037 95
3,993   4,000 -7
4,296   4,173 123
7,111   7,143 -32
4,005   3,984 21
3,448   4,050 -602
6,137   6,081 56
4,114   4,051 63
4,088   4,009 79
4,045   4,034 11
5,353   5,134 219
4,110   3,926 184
4,115   4,012 103
4,040   4,033 7
4,355   4,270 85
8,982   8,964 18
9,151   9,197 -46
8,958   9,005 -47
9,044   9,059 -15
4,009   4,013 -4
9,153   9,185 -32
9,159   9,144 15
4,999   5,005 -6
5,029   4,927 102
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       364,333
b       161,768
c       166,420
d       -338,602
e       -101,102
      -52,801
      -62,193
      -1
      137,007
      132,271
      250
      -3
      -76
      55,068
      115
      393,053
      -2,668
      88,251
      -24,038
      -28,181
      165,935
      -6,863
      124
      201
      104
      314
      2,680
      198
      356
      -244
      436
      294
      2,189
      1,118
      -2,449
      -415
      8,279
      1,354
      -669
      -388
      691
      -366
      703
      -269
      -177
      -493
      -1,007
      -823
      -85
      -68
      -413
      -147
      -360
      -734
      -235
      3,577
      -496
      480
      1,661
      -405
      1,580
      1,662
      160
      492
      2,442
      40
      172
      5,308
      4,140
      61
      157
      -37
      -114
      3,384
      667
      18
      355
      564
      -49
      152
      213
      188
      121
      5,492
      -125
      -165
      -1,241
      -317
      -392
      -399
      -63
      -24
      -774
      -193
      -218
      -1,566
      10
      240
      494
      2,228
      301
      471
      7,254
      7,364
      503
      769
      1,111
      1,136
      -328
      38
      8,010
      8,256
      1,127
      1,107
      729
      1,083
      -367
      117
      -52
      -68
      2,058
      43
      107
      153
      248
      -418
      1,065
      -102
      697
      4
      2,432
      409
      538
      -652
      -390
      686
      859
      -6
      123
      -55
      -1,261
      1,875
      1,952
      192
      359
      919
      1,073
      1,260
      85
      67
      329
      416
      -135
      317
      381
      -303
      -47
      28
      175
      2,926
      1,336
      1,300
      2,898
      1,315
      1,356
      2,319
      2,973
      2,956
      -99
      33
      634
      900
      2,162
      2,028
      311
      1,801
      27
      70
      6,081
      7,774
      229
      373
      18
      120
      708
      810
      1,032
      1,024
      306
      361
      1,238
      1,381
      1,294
      1,289
      494
      595
      876
      927
      597
      1,268
      117
      164
      167
      256
      16
      598
      2,418
      110
      352
      1,925
      1,992
      275
      403
      1,183
      2,637
      -63
      -3
      240
      265
      463
      646
      471
      519
      117
      144
      50
      34
      0
      -331
      -932
      -1,261
      -1,360
      -480
      -118
      -55
      -812
      -411
      -1,577
      -1,243
      -139
      -1,553
      736
      -709
      -764
      125
      124
      -848
      -943
      284
      142
      -21
      46
      0
      -924
      733
      393
      -1,489
      776
      -414
      -563
      -787
      -540
      -788
      -1,540
      -3,143
      -706
      -181
      76
      155
      -1,095
      -500
      -580
      -1,112
      -630
      -373
      -5
      -90
      270
      210
      411
      253
      178
      362
      -1,059
      316
      -681
      -295
      618
      -544
      1,634
      -231
      1,620
      269
      425
      263
      660
      53
      -73
      1
      -969
      1,163
      2,125
      860
      297
      0
      -152
      353
      7
      6
      148
      644
      563
      15
      95
      -7
      123
      -32
      21
      -602
      56
      63
      79
      11
      219
      184
      103
      7
      85
      18
      -46
      -47
      -15
      -4
      -32
      15
      -6
      102
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,197,384
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 3,096,678 15,361,911 0.201582
2016 1,813,962 25,415,596 0.071372
2015 2,512,575 28,810,142 0.087211
2014 2,544,821 51,668,135 0.049253
2013 1,224,339 50,137,066 0.024420
2
Total of line 1, column (d) .....................
2
0.433838
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
0.086768
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
16,335,741
5
Multiply line 4 by line 3......................
5
1,417,420
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
1,417,420
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,491,785
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 0
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 0
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 0
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 9,864
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,864
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 9,864
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet9,864 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 addressbulletN/A
    14
    The books are in care ofbulletHANNAH ELDREDGE Telephone no.bullet (801) 532-0934

    Located atbullet79 S MAIN STREET 13TH FLOORSALT LAKE CITYUT ZIP+4bullet84111
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SPENCER ECCLES CHAIR/TRUSTEE/COMMITTEE MEMBER
    1.00     		0 0 0
    PO BOX 3028
    SALT LAKE CITY,UT84110
    LISA ECCLES TRUSTEE/COMMITTEE MEMBER
    1.00     		0 0 0
    PO BOX 3028
    SALT LAKE CITY,UT84110
    C HOPE ECCLES TRUSTEE/COMMITTEE MEMBER
    1.00     		0 0 0
    PO BOX 3028
    SALT LAKE CITY,UT84110
    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
    THE CYNOSURE GROUP INVESTMENT MANAGEMENT 84,578
    79 S MAIN ST 3RD FLOOR
    SALT LAKE CITY,UT84110
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,863,885
    b
    Average of monthly cash balances.......................
    1b
    524,624
    c
    Fair market value of all other assets (see instructions)................
    1c
    8,196,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,584,509
    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
    16,584,509
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    248,768
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,335,741
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    816,787
    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
    816,787
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    816,787
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    816,787
    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
    816,787
    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
    1,491,785
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,491,785
    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
    1,491,785
    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 7 816,787
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017...... 1,559,313
    fTotal of lines 3a through e........ 1,559,313
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,491,785
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 816,787
    e Remaining amount distributed out of corpus 674,998
    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 2,234,311
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		292,365
    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 ......     		1,941,946
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017.... 1,266,948
    e Excess from 2018.... 674,998
    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).)
    SPENCER ECCLES
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BUILDING BALANCED COMMUNITIES IN IDAHO
    300 S 5TH ST
    BELLEVUE,ID83313     		NONE PC GENERAL SUPPORT 2,500
    LELAND STANFORD JUNIOR UNIVERSITY
    326 GLAVEZ STREET
    STANFORD,CA943056105     		NONE PC THE SPENCER F. AND CLEONE P. ECCLES FAMILY ENDOWMENT FUND FOR THE BILL LANE CTR. 199,171
    LELAND STANFORD JUNIOR UNIVERSITY
    326 GLAVEZ STREET
    STANFORD,CA943056105     		NONE PC THE SPENCER F. AND CLEONE P. ECCLES FAMILY ENDOWMENT FUND FOR THE BILL LANE CTR. 398,567
    OGDEN SURGICAL MEDICAL SOCIETY
    PO BOX 931
    OGDEN,UT84409     		NONE PC GENERAL SUPPORT 1,000
    SNOWBIRD SPORTS EDUCATION FOUNDATION
    3165 MILLROCK DR 190
    HOLLADAY,UT84121     		NONE PC GENERAL SUPPORT 2,000
    UNITED WAY OF SALT LAKE CITY
    257 E 200 S
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT 10,000
    UNIVERSITY OF UTAH
    201 PRESIDENTS CIRCLE ROOM 203
    SALT LAKE CITY,UT841129008     		NONE PC SPENCER F. AND CLEONE P. ECCLES UNIVERSITY SUPPORT FUND 700,009
    UTAH WETLANDS FOUNDATION
    136 S MAIN ST STE 418
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 1,000
    YOUNIQUE FOUNDATION
    3400 MAYFLOWER AVE SUITE 500
    LEHI,UT84043     		NONE PC GENERAL SUPPORT 2,000
    Total .................................bullet 3a 1,316,247
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 38,541  
    4 Dividends and interest from securities....     14 212,540  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 183,389  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,197,384  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPASSTHROUGH UNRELATED     		523000 -4,193      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -4,193 1,631,854 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,627,661
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    SPENCER F AND CLEONE P ECCLES
    FAMILY FOUNDATION
    Employer identification number

    87-6227329
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    SPENCER F AND CLEONE P ECCLES
    FAMILY FOUNDATION         		Employer identification number
    87-6227329
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ECCLES FIRST SECURITY FOUNDATION
     
    79 SOUTH MAIN STREET 2ND FLOOR
     
    SALT LAKE CITY, UT84111

    		$ 292,365


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    SPENCER F AND CLEONE P ECCLES
    FAMILY FOUNDATION         		Employer identification number

    87-6227329
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    SPENCER F AND CLEONE P ECCLES
    FAMILY FOUNDATION         		Employer identification number

    87-6227329
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,393 2,545   848

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GENERAL ELECTRIC CO 1,550,644 1,380,677
    WELLS FARGO & CO 384,604 1,147,652
    WABTEC CORP 104,043 97,020
    BERKSHIRE HATHAWAY INC. 31,386 61,393
    CH ROBINSON WORLDWIDE INC. 58,428 56,346
    CAL MAINE FOODS, INC. 62,465 58,366
    CONOCOPHILLIPS 49,360 54,595
    CUMMINS INC. 55,929 57,228
    DISCOVER FIANANCIAL SERVICES 52,505 56,253
    EMERSON ELECTRIC CO. 52,558 52,709
    GILEAD SCIENCES, INC. 51,284 54,048
    LAM RESEARCH CORP 46,984 53,534
    MERCK & CO 49,438 76,555
    OMNICOM GROUP 55,345 61,053
    PEPSICO INC. 58,254 69,892
    PHILLIPS 66 62,384 60,146
    PUBLIC SVC ENTERPRISE GROUP INC. 54,401 61,643
    SUNTRUST BANKS INC. 51,990 49,840
    T ROWE PRICE GROUP INC. 57,497 69,776
    UNITEDHEALTH GROUP INC. 29,695 71,251
    ACCENTURE PLC 29,107 67,995
    ABBOTT LABS 3,476 3,616
    ADVANCED MICRO DEVICES INC 1,098 3,310
    ALPHABET INC. CL A 4,178 4,331
    AMAZON COM INC COM 222 5,681
    AMERICAN EXPRESS CO 2,338 2,839
    AMERICAN TOWER CORP 1,731 2,453
    AMGEN INC. 2,450 2,580
    APPLE INC 392 6,333
    AUTMATIC DATA PROCESSING INC. 1,344 2,149
    AUTOZONE INC. 1,520 2,199
    BANK OF AMERICA CORP 3,767 4,060
    BOEING CO 419 2,548
    BRISTOL MYERS SQUIBB CO 2,623 2,494
    BROADCOM INC 1,495 1,727
    CATEPILLAR INC. 886 2,181
    CHEVRON CORP 4,778 6,969
    CISCO SYSTEMS INC 1,686 4,324
    COMCAST CORP CLASS A 2,514 2,833
    CONOCOPHILLIPS 3,432 3,172
    COSTCO WHOLESALE CORP 1,276 1,850
    CUMMINS INC. 2,121 2,227
    CVS HEALTH CORPORATION 3,477 2,670
    DANAHER CORP 457 1,858
    DOLLAR TREE INC. 2,510 2,685
    EDWARDS LIFESCIENCES CORP 1,522 2,217
    EQUINIX, INC. 1,484 1,513
    ESTEE LAUDER COMPANIES, INC. 1,708 2,014
    FACEBOOK INC. 3,547 3,860
    GOLDMAN SACHS GROUP, INC. 1,754 1,841
    HOME DEPOT INC 556 3,535
    HONEYWELL INTERNATIONAL INC. 1,327 2,270
    JOHNSON & JOHNSON 806 1,811
    JPMORGAN CHASE & CO 1,387 3,578
    LAM RESEARCH CORP 1,805 1,878
    MCCORMICK & CO INC. NON VTG 1,332 2,015
    MCDONALDS CORP 490 2,077
    MERCK & CO INC NEW 2,420 3,689
    METLIFE INC. 1,717 1,788
    MICROSOFT CORP 2,089 8,841
    NIKE INC. CL B 2,385 2,602
    NORTHROP GRUMMAN CORP 1,845 1,939
    ORACLE CORPORATION 1,101 1,709
    PAYPAL HOLDINGS INC. 2,374 3,090
    PEPSICO INC. 1,686 1,967
    PFIZER INC. 952 1,949
    PROCTER & GAMBLE CO 1,292 2,193
    PROGRESSIVE CORP OHIO 2,007 2,398
    STARBUCKS CORP COM 2,249 2,934
    THERMO FISHER SCIENTIFIC INC. 1,170 2,056
    ULTA BEAUTY, INC. 1,672 1,734
    UNION PACIFIC CORP 1,711 2,029
    UNITED CONTINENETAL HOLDINGS, INC. 402 2,714
    VERIZON COMMUNICATIONS 3,344 3,656
    VISA INC - CLASS A SHRS 2,667 4,165
    WALMART INC. 3,508 3,757
    WALT DISNEY CO 971 4,050
    WELLS FARGO & CO 2,128 2,177
    CHUBB LIMITED 2,507 2,651
    INGERSOLL-RAND PLC 2,149 2,660
    LINDE PUBLIC LIMITED COMPANY 1,655 2,008
    LYONDELL BASELL INDUSTRIES NV 1,720 1,809
    RIO TINTO PLC - ADR 1,726 1,808
    ISHARES IBOXX $ HIGH YIELD 8,184 8,195
    ISHARES IBOXX $ INVESTMENT 6,505 6,716
    ISHARES PREFERRED AND INCOME 11,292 10,797
    POWERSHARES PREFERRED PORTFOLIO 6,334 6,364
    AES CORP 5,402 7,643
    AMERICAN ELECTRIC POWER INC. 7,425 8,537
    AMGEN INC. 11,598 11,978
    APPLE INC 8,561 11,875
    ARES CAP CORP 6,120 6,315
    AT&T, INC. 12,959 13,639
    BB&T CORP COM 7,400 8,745
    BOEING CO 11,338 11,284
    BROADCOM INC. 8,760 9,787
    CENTERPOINT ENERGY INC. 11,491 11,423
    CHEVRON CORP 11,655 12,568
    CINCINNATI FINANCIAL CORP 5,938 8,294
    CISCO SYSTEMS INC 12,686 25,778
    CMS ENERGY CORP 6,124 7,181
    COCA COLA CO 16,869 23,780
    CROWN CASTLE INTERNATIONAL CORP 12,249 14,469
    CUMMINS INC. 7,617 9,081
    DIGITAL RLTY TR INC. 11,584 11,897
    DUKE ENERGY HOLDINGS CORP. COM 10,115 13,501
    ENTERGY CORP NEW COM 7,702 9,367
    EXXON MOBIL CORPORATION 4,493 18,468
    FIRSTENERGY CORP COM 7,674 8,776
    GENUINE PARTS CO 8,634 9,322
    INTERNATIONAL PAPER CO 11,356 8,664
    IRON MOUNTAIN INCORPORATED 8,473 6,730
    JPMORGAN CHASE & CO 11,147 10,845
    KIMBERLY CLARK CORP COM 14,715 16,927
    KINDER MORGAN INC./DELEWARE 7,336 8,227
    LAMAR ADVRTISING COMPANY 12,263 12,914
    LOCKEED MARTIN CORP 11,956 13,815
    MAXIM INTEGRATED PRODS INC. 8,020 9,212
    MERCK & CO INC NEW 7,424 11,320
    METLIFE INC. 8,381 7,997
    NEXTERA ENERGY PARTNERS, LP 6,402 6,803
    OMNICOM GROUP 7,420 8,031
    PAYCHECK INC. 9,413 11,274
    PEOPLE'S UNITED FINNACIAL INC 7,448 6,595
    PEPSICO INC. 20,723 23,210
    PFIZER INC. 14,822 23,913
    PROCTER & GAMBLE CO 16,179 25,877
    PRUDENTIAL FINL INC. 8,379 8,383
    TARGET CORP 7,139 8,921
    TEXAS INSTRUMENTS INC. 10,744 12,624
    UNITED PARCEL SERVICE - CL B 14,904 13,528
    VERIZON COMMUNICATIONS 11,587 18,796
    WESTERN UNION CO 10,303 10,025
    WHIRLPOOL CORP 7,860 8,115
    BHP GROUP PLC 9,669 11,142
    GARMIN LTD 7,219 9,097
    GLAXOSMITHKLINE PLC 12,033 11,846
    ROYAL DUTCH SHELL PLC 7,489 7,494
    SCHLUMBERGER LTD 7,722 6,875
    TORONTO DOMINION BK ONT COM NEW 9,134 8,987
    ADDUS HOMECARE CORP 3,054 3,673
    ADVANCE AUTO PTS INC 6,351 5,549
    AES CORP 4,534 6,469
    AKAMAI TECHNOLOGIES 2,564 3,286
    BIO RAD LABS INC. CL A 6,484 6,564
    BJ'S WHOLESALE CLUB HOLDINGS, INC. 5,370 5,729
    CARETRUST REIT INC. 4,411 5,422
    CDW CORP/DE 2,398 3,663
    CENTERPOINT ENERGY INC. 2,829 2,863
    CHURCH & DWIGHT INC. 4,067 5,991
    CORESITE REALITY CORP 4,953 5,298
    EMPLOYERS HOLDINGS, INC. 2,383 2,283
    EPAM SYSTEMS INC. 2,764 4,328
    EURONET WORLDWIDE INC. 6,395 11,440
    FIRSTCASH INC. 4,986 7,101
    FLEETCOR TECHNOLOGIES INC. 7,340 10,391
    GOOSEHEAD INSURANCE INC. 2,462 2,964
    HEALTHCARE SVSC GROUP INC. 5,241 4,184
    HEICO CORP 1,540 3,345
    IAA INC. 0 3,335
    IBERIABANK CORP 4,121 3,793
    INOVALON HOLDINGS, INC. 3,980 4,193
    J2 GLOBAL, INC. 4,704 4,622
    KAR AUCTION SERVICES, INC. 4,551 2,150
    LANDSTAR SYS INC. COM 3,988 4,320
    LGI HOMES INC. 4,317 5,357
    MARKEL HOLDINGS 4,573 4,358
    MOLINA HEALTHCARE INC. 3,973 3,865
    NATIONAL STORAGE AFFILIATES TR 4,353 4,370
    OLD DOMINION FREIGHT LINES. INC. 4,033 4,776
    OLLIE'S BARAIN OUTLET HOLDINGS 2,319 3,746
    PARSLEY ENERGY INC. 5,139 4,163
    PERKINELMER, INC. 4,834 5,395
    POST HOLDINGS, INC. 4,124 4,575
    PRA HELAHT SCIENCES INC. 6,895 7,635
    PREMIER INC. 4,123 4,224
    PROSPERITY BANCSHARES, INC. 5,042 4,557
    RADIANT LOGISTICS, INC. 2,213 2,180
    RYMAN HOSPITALITY PROPERTIES. INC. 4,845 5,190
    SERVICEMASTER GLOBAL HOLDINGS. 4,817 6,095
    SOLARIS OILFIELD INFRASTRUCTUR 4,054 3,565
    SPDR S&P BIOTECHETF 3,927 3,859
    SPIRIT AEROSYSTEMS HOLD CLA 4,348 3,824
    SS&C TECHNOLOGIES HOLDINGS INC. 5,427 6,222
    TELEFLEX INC 4,539 4,967
    TRACTOR SUPPLY CO COM 4,242 5,331
    TRANSUNION 3,659 4,705
    ULTA BEAUTY, INC. 5,258 6,938
    UNITED RENTAL INC. COM 2,440 3,183
    UNIVERSAL HEALTH SCCS INC. CL B 4,779 4,694
    UPLAND SOFTWARE INC. 4,493 6,647
    WEBSTER FINL CORP WATERBURY CONN 6,050 5,207
    ZIONS BANKCORPORATION, NA 4,566 3,954
    FIRSTSERVICE CORPORATION 4,335 4,892
    ICON PLC 3,799 5,081
    NOMAD FOODS LTD 4,739 5,255
    ONESPACWORLD HOLDINGS LIMITED 2,447 2,821
    PAGSEGURO DIGITAL LTD 7,677 9,820
    RESTAURANT BRANDS INTERNATIONAL INC. 3,059 3,477
    WITH MOUNTAINS INSURANCE GROUP INC. 4,806 5,107
    ABBCIE INC. 7,336 6,899
    AIR LEASE CORP 9,045 9,056
    ALTRIA GROUP INC 8,537 8,560
    ASTRAZENECA PLC 4,177 4,185
    AT&T, INC. 9,517 9,574
    BANK OF AMERICA CORP 4,154 4,281
    BANK OF AMERICA CORP 9,173 9,221
    BECTON DICKINSON AND CO 4,182 4,177
    CENOVUS ENERGY INC. 7,236 7,251
    CHARTER COMMUNICATIONS OPERATING LLC 8,283 8,310
    CHENIERE CORPUS CHRISTI HLDGS LLC 6,516 6,518
    CITIGROUP INC 6,284 6,464
    CITIGROUP INC 8,425 8,473
    CVS HEALTH CORPORATION 7,096 7,097
    ENERGY TRANSFER PARTNERS 7,640 7,653
    GENERAL MOTORS FINL CO 3,935 4,015
    HARRIS CORPORATION 6,301 6,311
    HCA INC 7,603 7,626
    ISHARES MBS EFT 61,328 61,547
    JPMORGAN CHASE & CO 8,486 8,502
    LOCKHEED MARTIN CORP 8,417 8,515
    METLIFE INC. 6,354 6,365
    MID-AMERICAN APARTMENTS L 7,217 7,226
    MPLX LP 4,096 4,092
    NATIONAL RETAIL PROP INC 8,183 8,169
    SEMPRA ENERGY 6,965 6,988
    UNUM GROUP 5,275 5,215
    VERIZON COMMUNICATIONS 6,942 6,955
    VMWARE INC. 9,082 9,129
    ISHARES CORE S&P MID-CAP ETF 279,404 294,304
    ISHARES CORE S&P SMALL-CAP ETF 119,432 124,465
    DFA EMERGING MARKETS CORE EQUITY 102,661 90,979
    DFA INTERNATIONAL CORE EQUITY 363,830 323,889
    GOLDMAN SACHS GOG PARTNERS 60,292 66,214
    GQG PARTNERS EMERGING MARKETS EQUITY 50,380 56,510
    ISHARES MSCI EAFE EFT 135,010 185,687
    VANGUARD FTSE DEVELOPED MARKETS ETF 99,661 100,104
    VANGUARD FTSE EMERGING MARKETS ETF 199,756 208,610

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    US Government Securities - End of Year Book Value:

    166,173
    US Government Securities - End of Year Fair Market Value:

    173,631
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WEST RIM CAPITAL ASSOCIATES II, L.P. AT COST 922,963 831,000
    CYNOSURE - FENWAY SUMMER LLC AT COST 784,428 541,000
    CYNOSURE AVALON HOLDINGS II, LLC AT COST 3,138,243 2,260,000
    CYNOSURE SAVANT HOLDINGS II, LLC AT COST 812,463 585,000
    CYNOSURE GPS, LLC AT COST 2,852,805 2,054,000
    CYNOSURE INVESTMENT PARTNERS AT COST 2,674,121 1,925,000

    TY 2018 LegalFeesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 14,276 0   14,276


    TY 2018 OtherDecreasesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Description Amount
    BASIS ADJUSTMENTS 905,613


    TY 2018 OtherExpensesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARTNERSHIP EXPENSES 4,758,128 4,758,128   0
    NON DEDUCTIBLE PARTNERSHIP EXPENSE 11,328 0   0
    INSURANCE 6,052 0   6,052
    MISCELLANEOUS 6,247 0   6,247
    PAYROLL EXPENSE 13,555 0   13,555


    TY 2018 OtherIncomeSchedule2
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INVESTMENT INCOME 183,389 183,389 183,389
    PASSTHROUGH UNRELATED -4,193   -4,193


    TY 2018 OtherIncreasesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Description Amount
    PARTNERSHIP INCOME ADJUSTMENT 3,949,417
    UNREALIZED GAIN FROM CONTRIBUTION OF STOCK 43,583
    TRANSFER OF ASSETS FROM ECCLES FIRST SECURITY FOUNDATION 3,757,465


    TY 2018 OtherLiabilitiesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Description Beginning of Year - Book Value End of Year - Book Value
    LINE OF CREDIT OUTSTANDING 4,092,668 1,542,668


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 92,236 69,177   23,059


    TY 2018 TaxesSchedule
    Name:
    SPENCER F AND CLEONE P ECCLES
     
    FAMILY FOUNDATION
    EIN:
    87-6227329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 42,919 0   0
    STATE TAX 600 600   0
    PAYROLL TAXES 7,238 0   7,238