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
BLUME FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)BOSTON PRIVATE 160 BOVET RD NO 220
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN MATEO, CA94402
A Employer identification number

94-6073163
B Telephone number (see instructions)

(650) 378-3719
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$21,055,761J 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 361,685 361,685  
4 Dividends and interest from securities... 263,831 263,831  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,091,645
b Gross sales price for all assets on line 6a 9,595,402
7 Capital gain net income (from Part IV, line 2)... 1,091,645
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,717,161 1,717,161  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 75,000 75,000   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,300 7,300   0
c Other professional fees (attach schedule).... Click to see attachment 149,422 149,422   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,964 6,804   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 72,752 72,178   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 345,438 310,704   0
25 Contributions, gifts, grants paid....... 2,154,000 2,154,000
26 Total expenses and disbursements. Add lines 24 and 25 2,499,438 310,704   2,154,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -782,277
b Net investment income (if negative, enter -0-) 1,406,457
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,837,966 88,686 88,686
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) 1,006,036 Click to see attachment1,486,159 1,521,798
b Investments—corporate stock (attach schedule)....... 2,710,889 Click to see attachment2,358,164 3,696,527
c Investments—corporate bonds (attach schedule)....... 7,239,356 Click to see attachment8,443,795 8,676,792
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,546,429 Click to see attachment6,181,595 7,071,958
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) 19,340,676 18,558,399 21,055,761
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 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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 19,340,676 18,558,399
30 Total net assets or fund balances (see instructions)..... 19,340,676 18,558,399
31 Total liabilities and net assets/fund balances (see instructions). 19,340,676 18,558,399
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
19,340,676
2
Enter amount from Part I, line 27a .....................
2
-782,277
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,558,399
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
18,558,399
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 CITIGROUP INC P 2017-03-13 2018-12-27
b HARTFORD INTL OPPTY I P 2017-06-07 2018-12-28
c PRIMECAP ODYSSEY STOCK P 2017-01-01 2018-12-28
d T ROWE PRICE INTL PRIDX P 2014-12-31 2018-12-28
e ARES CAPITAL MA 3.875%20 P 2019-01-23 2019-09-19
EVERMORE GLOBAL VALUE INST P 2019-02-22 2019-07-26
GATEWAY FUND CL Y P 2018-12-28 2019-07-26
GATEWAY FUND CL Y P 2019-03-15 2019-07-26
LITMAN GREGORY MASTERS ALT STRAT INST P 2018-12-28 2019-07-26
LITMAN GREGORY MASTERS ALT STRAT INST P 2019-03-15 2019-07-26
METROPOLITAN WEST TOTAL RETURN BOND I P 2018-10-31 2019-01-14
PEAR TREE POLARIS VAL SM CAP INST P 2018-12-28 2019-07-26
PEAR TREE POLARIS VAL SM CAP INST P 2019-02-22 2019-07-26
VANGUARD SHORT TERM INVESTMENT GRADE INST P 2018-10-31 2019-01-15
WELLS FARGO & CO 2.15XXX *MATURED* P 2018-02-14 2019-01-15
WESTWIND FINL P 2018-10-24 2019-03-15
AMERISOURCEBERGEN CORP P 2016-05-17 2019-02-15
ANALOG DEVICES INC P 2017-05-15 2019-02-15
CAPITAL ONE FINL 4.2%25 10/29/25 P 2017-02-13 2019-05-08
CVS HEALTH CORP 4%23 DUE 12/02/23 P 2015-04-13 2019-04-10
DFA GLBL REAL ESTATE INST P 2016-06-10 2019-07-26
DODGE & COX INCOME FD P 2012-11-30 2019-01-14
DODGE & COX INCOME FD P 2014-07-11 2019-01-14
EATON VANCE ATLANTA CAP SMID CAP I P 2013-02-07 2019-03-15
EATON VANCE ATLANTA CAP SMID CAP I P 2013-02-07 2019-07-26
HARDING OEVNER INSTAL EMRG MKTS CL I P 2016-11-18 2019-03-15
HARDING OEVNER INSTAL EMRG MKTS CL I P 2016-11-18 2019-07-26
ISHARES SELECT DIVIDEND ETF P 2016-04-05 2019-02-22
MASCO CORP 04/01/25 P 2017-04-25 2019-06-10
METROPOLITAN WEST TOTAL RETURN BOND I P 2016-04-05 2019-01-14
MFS INTL INTRINSIC VALUE I P 2015-11-04 2019-07-26
OCCIDENTAL PETROL CO P 2014-07-04 2019-08-23
OCCIDENTAL PETROL CO P 2016-09-27 2019-08-23
ORACLE CORP P 2018-04-04 2019-06-18
PFIZER INC P 2016-09-27 2019-06-05
ROGERS COMMUNICAT 4.1% 23F DUE 10/01/23 P 2015-04-14 2019-05-13
ROYAL DUTCH SHELL FSPONSORED ADR P 2016-11-28 2019-03-26
ROYAL DUTCH SHELL FSPONSORED ADR P 2017-03-31 2019-03-26
T ROWE PRICE INTL DISCOVERY FD INV P 2014-02-06 2019-02-22
T ROWE PRICE INTL DISCOVERY FD INV P 2014-12-31 2019-02-22
THE COCA-COLA CO P 2017-03-31 2019-11-19
THE COCA-COLA CO P 2017-12-19 2019-11-19
UDR INC. P 2015-07-10 2019-09-05
VANGUARD SHORT TERM INVESTMENT GRADE INST P 2014-08-20 2019-01-15
WALGREENS BOOTS ALLIANCE P 2016-11-28 2019-08-23
WCM FOCUSED INTL GROWTH FD INST P 2015-11-04 2019-07-26
LAS VEGAS VY NV3.708XXX *MATURED** P 2012-01-23 2019-06-01
MICROSOFT CORP 4.2XXX**MATURED** P 2009-06-30 2019-06-01
SAN LEANDRO CA P 4.32XXX**MATURED** P 2012-04-03 2019-06-01
TEXAS INSTRUMENT 1.65%19 DUE 08/03/19 P 2013-05-02 2019-08-03
VANGUARD SHORT TERM INVESTMENT GRADE INST P 2010-04-05 2019-01-15
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 49,453   59,758 -10,305
b 558,789   700,000 -141,211
c 208,519   112,150 96,369
d 201,649   194,348 7,301
e 250,705   250,490 215
171,595   158,346 13,249
214,477   200,000 14,477
101,732   100,000 1,732
105,305   100,000 5,305
101,459   100,000 1,459
221   216 5
14,666   13,327 1,339
134,860   133,293 1,567
296   295 1
200,000   200,000 0
1   1 0
56,989   49,231 7,758
87,206   66,490 20,716
153,350   151,127 2,223
204,904   209,768 -4,864
417,114   393,150 23,964
132,117   138,059 -5,942
191,923   200,555 -8,632
300,424   177,030 123,394
367,133   190,390 176,743
375,051   298,682 76,369
414,134   321,318 92,816
437,667   359,054 78,613
210,450   209,582 868
316,300   330,000 -13,700
871,765   695,880 175,885
10,439   21,386 -10,947
12,569   25,750 -13,181
82,308   69,564 12,744
68,936   54,677 14,259
209,818   208,382 1,436
36,415   30,354 6,061
34,481   28,742 5,739
359,053   311,777 47,276
190,645   165,542 25,103
68,197   54,875 13,322
2,386   1,920 466
101,796   100,775 1,021
194,412   198,917 -4,505
41,985   72,691 -30,706
359,615   255,391 104,224
115,000   115,000 0
175,000   173,180 1,820
100,000   100,000 0
200,000   200,000 0
197,712   202,294 -4,582
184,381     184,381
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       -10,305
b       -141,211
c       96,369
d       7,301
e       215
      13,249
      14,477
      1,732
      5,305
      1,459
      5
      1,339
      1,567
      1
      0
      0
      7,758
      20,716
      2,223
      -4,864
      23,964
      -5,942
      -8,632
      123,394
      176,743
      76,369
      92,816
      78,613
      868
      -13,700
      175,885
      -10,947
      -13,181
      12,744
      14,259
      1,436
      6,061
      5,739
      47,276
      25,103
      13,322
      466
      1,021
      -4,505
      -30,706
      104,224
      0
      1,820
      0
      0
      -4,582
      184,381
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 1,091,645
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 0 21,212,544 0.000000
2016 1,092,000 20,748,443 0.052630
2015 832,000 18,562,338 0.044822
2014 1,367,543 18,982,032 0.072044
2013 1,491,031 19,464,565 0.076602
2
Total of line 1, column (d) .....................
2
0.246098
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
0.049220
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
20,445,877
5
Multiply line 4 by line 3......................
5
1,006,346
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
14,065
7
Add lines 5 and 6........................
7
1,020,411
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,154,000
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 14,065
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 14,065
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 14,065
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 24,659
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,659
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 15,594
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet15,594 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
 
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)
    bulletCA
    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 ofbulletDANA ALESHIRE Telephone no.bullet (650) 378-3719

    Located atbulletP O BOX 5197SAN MATEOCA ZIP+4bullet94402
    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
    RICHARD ALESHIRE PRESIDENT/ CEO
    30.00     		75,000 0 0
    160 BOVET ROAD STE 220
    SAN MATEO,CA94402
    DANA ALESHIRE BOARD MEMBER
    1.00     		0 0 0
    160 BOVET ROAD STE 220
    SAN MATEO,CA94402
    ANNE KIREMIDJIAN BOARD MEMBER
    1.00     		0 0 0
    160 BOVET ROAD STE 220
    SAN MATEO,CA94402
    MARTY CZARNECKI BOARD MEMBER
    1.00     		0 0 0
    160 BOVET ROAD STE 220
    SAN MATEO,CA94402
    JAIMIE HENDERSON BOARD MEMBER
    1.00     		0 0 0
    160 BOVET ROAD STE 220
    SAN MATEO,CA94402
    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
    BOSTON PRIVATE BANK & TRUST CUSTODIAL SERVICES 149,172
    160 BOVET ROAD
    SAN MATEO,CA94402
    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
    20,236,383
    b
    Average of monthly cash balances.......................
    1b
    520,853
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,757,236
    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
    20,757,236
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    311,359
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,445,877
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,022,294
    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
    1,022,294
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    14,065
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,065
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,008,229
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,008,229
    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
    1,008,229
    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
    2,154,000
    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
    2,154,000
    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
    14,065
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,139,935
    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 1,008,229
    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...... 14,695
    b From 2014...... 437,355
    c From 2015......  
    d From 2016...... 69,769
    e From 2017......  
    fTotal of lines 3a through e........ 521,819
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,154,000
    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..... 1,008,229
    e Remaining amount distributed out of corpus 1,145,771
    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 1,667,590
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		14,695
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,652,895
    10 Analysis of line 9:
    a Excess from 2014.... 437,355
    b Excess from 2015....  
    c Excess from 2016.... 69,769
    d Excess from 2017....  
    e Excess from 2018.... 1,145,771
    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 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
    KQED NORTHERN CALIFORNIA PUBLIC BROADCAST
    2601 MARIPOSA STREET
    SAN FRANCISCO,CA94110     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 60,000
    LOWELL SCHOOL ALUMNI ASSOCIATION
    PO BOX 320009
    SAN FRANCISCO,CA94132     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 10,000
    MID PENINSULA BOYS & GIRLS CLUB
    200 NORTH QUEBEC STREET
    SAN MATEO,CA94401     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 40,000
    MILLS PENINSULA HOSPITAL
    1501 TROUSDALE DRIVE
    BURLINGAME,CA94010     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 20,000
    PENINSULA HUMANE SOCIETY & SPCA
    1450 ROLLINS ROAD
    BURLINGAME,CA94010     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 160,000
    PLANNED PARENTHOOD
    1605 THE ALAMEDA
    SAN JOSE,CA95126     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 80,000
    JASPER RIDGE FARM
    2995 WOODSIDE ROAD PO BOX 620924
    WOODSIDE,CA94062     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 20,000
    SAN MATEO COUNTY COMMUNITY COLLEGES FOUNDATION
    3401 CSM DRIVE
    SAN MATEO,CA94402     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 20,000
    ST ANTHONY FOUNDATION
    150 GOLDEN GATE AVENUE
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 40,000
    STANFORD BOARD OF TRUSTEES - JOHN A BLUME EARTHQUAKE ENGINEERING CENTER
    439 PANAMA MALL BUILDING 540
    STANFORD,CA94305     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 200,000
    STANFORD BOARD OF TRUSTEES - JENE F BLUME PARKINSON'S CARGIVER SUPPORT FD
    3172 PORTER DRIVE SUITE 210
    PALO ALTO,CA94304     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 200,000
    STANFORD BOARD OF TRUSTEES - STUDY OF PARKINSON'S DISEASE FUND
    3172 PORTER DRIVE SUITE 210
    PALO ALTO,CA94304     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 800,000
    THE BRIDGE SCHOOL
    545 EUCALYPTUS AVE
    HILLSBOROUGH,CA94010     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 4,000
    WOMAN INC
    26 BOARDMAN PLACE
    SAN FRANCISCO,CA94103     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 200,000
    STANFORD URBAN RESILIENCE INITIATIVE JOHN A BLUME EARTHQUAKE ENGINEERING
    439 PANAMA MALL BUILDING 540
    STANFORD,CA94305     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 100,000
    DESTINY ARTS CENTER
    970 GRACE AVENUE
    OAKLAND,CA94608     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION 200,000
    Total .................................bullet 3a 2,154,000
    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 ...........     		    14 361,685  
    4 Dividends and interest from securities....     14 263,831  
    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 1,091,645  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,717,161 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,717,161
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,000 7,000   0
    BOOKKEEPING 300 300   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ARCH CAPITAL FIN LLC 4.011% DUE 12/15/26 209,381 218,658
    ARES CAPITAL MA 3.625% DUE 01/19/22 253,165 253,587
    ASSURED GUARANTY US 5%24 206,484 220,986
    AUTOZONE INC. 3.700% 202,816 206,514
    AVALONBAY COMMUN 2.95%26 146,421 154,676
    BANK OF AMERICA MTN 4.100% DUE 7/24/2023 207,363 212,980
    BLACKROCK, INC. 3.5%24 206,421 212,505
    BNSF, LLC 3.6%20 201,934 201,653
    BROADRIDGE FINL S 3.4%26 197,840 208,635
    CAPITAL ONE FINL CO 4.200% 10/29/25 183,814 187,143
    CARNIVAL CORP 3.95% DUE 10/15/20 202,181 203,410
    CBRE SERVICES, I 5.25%25 310,790 336,881
    CRANE CO. 4.45% DUE 12/15/23 205,947 213,392
    DOLLAR GENERAL C 4.15%25 210,374 217,638
    DUKE REALITY LP 3.875% DUE 10/15/22 207,299 208,525
    FIDELITY NTNL FIN 5.5%22 105,994 107,620
    GENERAL MOTORS FI 4.2%21 302,151 306,103
    JP MORGAN CHASE MTN 3.875% DUE 2/01/24 206,727 212,200
    KEMPER CORP 4.35%25 244,320 264,494
    KIMCO REALTY CO 3.125% DUE 06/01/23 150,236 152,292
    MANULIFE FINL CO 4.15%26F DUE 03/04/26 279,345 276,417
    MASCO CORP 4.450% DUE 4/01/25 244,795 243,149
    NORTHERN TRUST C 3.95%25 DUE 10/30/25 103,440 108,212
    OLD REPUBLIC IN 4.875%24 212,093 218,121
    OMNICOM GROUP I 3.625%22 202,757 206,662
    PRIMERICA INC 4.750% DUE 7/15/22 210,263 211,128
    PROLOGIS LP 4.250% DUE 8/15/23 156,242 161,117
    QVC INC 4.850% DUE 4/01/24 202,945 211,892
    REINSURANCE GROUP O 5% DUE 06/01/21 257,716 260,188
    ROYAL CARIBBEAN 5.520% DUE 11/15/22 212,258 216,500
    S&P GLOBAL INC 4%25 DUE 06/15/25 255,515 271,412
    THE CHARLES SCHWAB 4%29 DUE 02/01/29 239,256 249,418
    THE GAP, INC. 5.95% DUE 04/12/21 207,250 206,715
    THE HOME DEPOT, 3.75%24 202,874 213,311
    THE GOLDMAN SACHS G 4%24 207,669 212,563
    U.S. BANCORP 3.1%26 DUE 04/27/26 201,968 208,193
    VF CORP 3.500% 204,334 204,592
    WALMART INC 3.7%28 DUE 06/26/28 222,700 220,322
    WASTE MANAGEMENT 3.5%24 154,008 158,280
    WELLTOWER INC. 4.25%26 204,415 217,484
    FIDELITY NATL 3.625XXX EXP 12/02/2019 100,294 101,224

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A T & T INC 63,392 72,442
    ABBOTT LABORATORIES 58,446 124,757
    ABBVIE INC. 54,613 70,184
    ACCENTURE PLC 56,493 125,725
    AIR PRODS & CHEMS INC 60,176 103,985
    ALLERGAN PLC F 72,502 74,531
    AMERIPRISE FINANCIAL INC. 64,926 79,641
    ANTHEM INC 79,886 83,134
    APPLE, INC. 53,304 133,892
    AUTOMATIC DATA PROCESSING INC 56,028 107,591
    BOEING CO 68,514 81,292
    BROADCOM INC 90,130 101,503
    BROADRIDGE FINL SOLUTIONS INC 46,901 82,020
    CHEVRONTEXACO CORP 42,862 74,495
    CHUBB LTD 57,603 71,044
    DOMINION ENERGY INC 46,320 51,113
    FIDELITY NATL INFORMATION SVCS 57,172 100,159
    HOME DEPOT INC 63,241 110,255
    HONEYWELL INTERNATIONAL INC 71,545 115,165
    INTERCONTINENTAL EXCHANGE INC 66,127 102,645
    INTERPUBLIC GROUP OF COMPANIES INC 95,307 95,267
    JOHNSON & JOHNSON 38,493 46,747
    JP MORGAN CHASE & CO 29,906 110,942
    LAS VEGAS SANDS CORP 65,084 69,402
    MARSH & MCCLEANNAN 59,153 94,777
    MEDTRONIC PLC F 67,911 99,805
    MERCK & CO INC 72,345 99,298
    MICROSOFT CORP 36,444 193,010
    NEXTERA ENERGY INC 35,002 100,543
    PEPSICO INC 72,369 73,076
    PROCTOR & GAMBLE CO 54,570 79,339
    RAYTHEON CO 53,945 113,058
    ROSS STORES INC 75,233 100,818
    ROYAL CARIBBEAN CRUISE F 70,094 103,457
    SYSCO CORP 66,480 73,220
    UNION PAC CORP 47,219 80,076
    VALERO ENERGY CORP 65,409 73,145
    VISA INC CL A 61,671 145,394
    WALT DISNEY CO 61,348 79,580

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    US Government Securities - End of Year Book Value:

    711,827
    US Government Securities - End of Year Fair Market Value:

    736,307
    State & Local Government Securities - End of Year Book Value:


    774,332
    State & Local Government Securities - End of Year Fair Market Value:


    785,491


    TY 2018 InvestmentsOtherSchedule2
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES CORE S&P MID-CAP AT COST 177,472 502,750
    ISHARES PREFERRED INCOME AT COST 407,215 411,060
    SPDR DOW JONE GLOBAL REAL ESTATE ETF AT COST 206,728 216,180
    VANGUARD REAL ESTATE ETF AT COST 206,906 218,901
    EATON VANCE FLOATING RATE-I AT COST 500,284 490,234
    TEMPLETON GLOBAL BOND AT COST 251,186 218,694
    ARTISAN INTL VALUE FUND AT COST 849,835 852,902
    CREDIT SUISSE COMMODITY AT COST 206,866 202,746
    EATON VANCE ATLANTA CAP AT COST 175,055 341,899
    EVERMORE GLOBAL VALUE AT COST 191,654 213,408
    INVENOMIC FD INST AT COST 417,375 427,769
    MATTHEWS ASIA DIVIDEND AT COST 594,382 619,246
    PAYDEN EQUITY INCOME FD AT COST 360,000 461,887
    PEAR TREE POLARIS AT COST 186,673 212,418
    VERSUS CAP MULTI MNGR AT COST 200,000 203,364
    VERSUS CAP REAL ASSET AT COST 400,000 415,415
    VICTORY SOPHUS EMRG MKTS AT COST 402,956 415,933
    WCM FOCUSED INTL GROWTH AT COST 440,489 638,217
    EVERGREEN HI YIELD FUND AT COST 6,519 8,935

    TY 2018 OtherExpensesSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AMORTIZED BOND PREMIUMS 54,033 54,033   0
    ACCRUED INTEREST PAID ON PURCHASES 18,145 18,145   0
    OTHER EXPENSES 574 0   0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 149,172 149,172   0
    PAYROLL 250 250   0


    TY 2018 TaxesSchedule
    Name:
    BLUME FOUNDATION
    EIN:
    94-6073163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON NET INVESTMENT INCOME 34,000 0   0
    PAYROLL TAXES 5,912 5,912   0
    STATE FILING FEES 150 0   0
    FOREIGN TAX ON DIVIDENDS 892 892   0
    STATE INCOME TAX 10 0   0