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
Leonard and Ilona Ling Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

20-5247159
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,394,701J 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) 75,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 511 511  
4 Dividends and interest from securities... 35,510 35,510  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 25,352
b Gross sales price for all assets on line 6a 231,869
7 Capital gain net income (from Part IV, line 2)... 25,352
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........ 136,373 61,373  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 25,673 25,673    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 892 892    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 599     599
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,556 1   9,555
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,720 26,566   10,154
25 Contributions, gifts, grants paid....... 75,000 75,000
26 Total expenses and disbursements. Add lines 24 and 25 111,720 26,566   85,154
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 24,653
b Net investment income (if negative, enter -0-) 34,807
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......... 65,693 67,470 67,470
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,157,747 Click to see attachment1,180,623 1,327,231
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,223,440 1,248,093 1,394,701
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,223,440 1,248,093
30 Total net assets or fund balances (see instructions)..... 1,223,440 1,248,093
31 Total liabilities and net assets/fund balances (see instructions). 1,223,440 1,248,093
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,223,440
2
Enter amount from Part I, line 27a .....................
2
24,653
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,248,093
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,248,093
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 Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 231,869   206,517 25,352
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       25,352
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 25,352
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 62,232 1,348,012 0.046166
2016 56,148 1,262,421 0.044476
2015 48,731 1,078,512 0.045184
2014 44,626 995,197 0.044841
2013 37,500 916,613 0.040911
2
Total of line 1, column (d) .....................
2
0.221578
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
0.044316
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,359,416
5
Multiply line 4 by line 3......................
5
60,244
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
348
7
Add lines 5 and 6........................
7
60,592
8
Enter qualifying distributions from Part XII, line 4,.............
8
85,154
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 1 348
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  
3 Add lines 1 and 2........................... 3 348
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 348
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 810
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 810
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 10 462
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet462 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Mark Christiansen Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Michael Hennessey Atty Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Maximilian Hopkins Dir, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    E Lawrence Ling Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Andrew Stout Dir, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    John Wedgwood Dir, Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,308,941
    b
    Average of monthly cash balances.......................
    1b
    71,177
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,380,118
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,380,118
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,702
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,359,416
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    67,971
    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
    67,971
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    348
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    348
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    67,623
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    67,623
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    67,623
    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
    85,154
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    85,154
    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
    348
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    84,806
    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 67,623
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 63,389
    b Total for prior years:2016, 2015, 2014  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 85,154
    a Applied to 2017, but not more than line 2a 63,389
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 21,765
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		45,858
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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
    UNIVERSITY OF THE PACIFIC
    155 5TH ST
    SAN FRANCISCO,CA94103     		N/A PC General & Unrestricted 5,000
    UNIVERSITY OF THE PACIFIC
    155 5TH ST
    SAN FRANCISCO,CA94103     		N/A PC Dr. Leonard Ling Endowed Scholarship fund for the Dugoni School of Dentistry 70,000
    Total .................................bullet 3a 75,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 511  
    4 Dividends and interest from securities....     14 35,510  
    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 25,352  
    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)..   61,373  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    61,373
    (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
    Leonard and Ilona Ling Family Foundation
     
    Employer identification number

    20-5247159
    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
    Leonard and Ilona Ling Family Foundation
          		Employer identification number
    20-5247159
    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
    Ling Exemption Trust  
    c/o Leonard Ling 1306 Solano Ave
     
    Albany, CA94706

    		$ 75,000


    (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
    Leonard and Ilona Ling Family Foundation
          		Employer identification number

    20-5247159
    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
    Leonard and Ilona Ling Family Foundation
          		Employer identification number

    20-5247159
    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:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Name of Stock End of Year Book Value End of Year Fair Market Value
    58.COM 1,727 1,368
    ABN AMRO BANK NV UNSP ADR 2,044 1,462
    ACADIA HEALTHCARE CO INC 752 559
    ACCENTURE PLC 5,785 8,868
    ACTUANT CORP CL A 2,189 2,382
    ADOBE SYSTEMS, INC 1,460 3,830
    AFFILIATED MANAGERS GROUP 2,105 2,119
    AIRBUS GROUP 1,238 1,344
    ALCON INC 506 621
    ALEXION PHARMACEUTICALS, INC 1,370 1,441
    ALIBABA GROUP HOLDING LTD 2,194 3,389
    ALPHABET INC CL A 2,634 3,248
    ALPHABET INC CL C 2,597 3,243
    AMAZON COM 2,702 7,574
    AMERICAN CAMPUS COMMUNITIES 837 969
    AMERICAN TOWER REIT INC 500 613
    ANHEUSER BUSCH COS INC 3,793 3,363
    ANSYS INC 438 819
    AON PLC 4,914 7,911
    APPLE INC 2,671 3,563
    APTAR GROUP INC 267 497
    ARTISAN PARTNERS ASSET MANAGEM 2,095 1,899
    ASSA ABLOY UNSP/ADR 3,089 3,518
    ASTRAZENECA 1,601 1,734
    ATLANTIC UNION BANKSHARES CORP 604 565
    ATOS SE UNSPONS ADR 586 616
    BB SEGURIDADE 1,603 1,764
    BB&T CP 2,258 2,309
    BERRY PLASTICS GROUP INC 718 684
    BHP BILLITON LIMITED 1,285 1,976
    BIO RAD LABS INC CL A 874 938
    BIOMARIN PHARMACEUTICAL INC 1,028 1,028
    BJ'S RESTAURANTS INC 599 571
    BLACK CREEK DIVERSIFIED PROPER 99,999 107,438
    BOEING CO 2,194 3,640
    BOOZ ALLEN HAMILTON HOLDING CO 641 1,324
    BROADCOM INC 1,241 1,439
    BROADRIDGE FINANCIAL 1,209 2,681
    BROWN & BROWN INC 2,163 4,322
    BURLINGTON STORES, INC 255 681
    C H ROBINSON WORLDWIDE INC 1,732 2,193
    CALLON PETROLEUM CO 626 330
    CALRSBERG AS SP ADR REP B 2,179 2,646
    CANADIAN NATL RAILWAY CO 1,173 1,572
    CARTER'S INC 683 683
    CATALENT INC 518 1,030
    CAVCO INDS INC DEL 373 630
    CDK GLOBAL INC 2,661 2,373
    CHEMICAL FINANCIAL CORP 538 493
    CHIPOTLE MEX GRILL 885 1,466
    CHUBB LIMITED 2,813 3,240
    CIGNA CORPORATION 2,732 2,521
    CITIGROUP INC 3,550 4,482
    COGNEX CORPORATION 499 912
    COMCAST CORP 3,396 4,693
    COMPAGNIE FINANCIERE RICHEMONT 1,425 1,696
    COMPANHIA SANEA ADS 651 1,193
    COMPASS GROUP PLC ADR 1,478 1,869
    CONSTELLATION BRANDS INC 1,131 1,182
    CORESITE REALTY CORPORATION 572 576
    COSTCO WHOLESALE CORPORATION 1,804 2,643
    CROWN CASTLE INTL 547 652
    DAIWA HOUSE IND LTD 2,046 2,179
    DANAHER CORP 2,383 3,716
    DBS GROUP HLDGS SPON ADR 1,858 2,534
    DORMAN PRODUCTS INC 524 871
    DRIL QUIP INC 254 192
    DUKE ENERGY CO 2,721 2,824
    EAGLE MATERIALS INC 639 649
    EASTERLY GVMT PPTYS INC 664 616
    EATON CORP PLC 2,477 2,915
    EDWARDS LIFESCIENCES 1,270 1,478
    ENGIE 2,807 2,865
    ENTEGRIS INC MINNESOTA 443 411
    ENVESTNET INC 574 547
    EOG RESOURCES INC 1,359 1,211
    EPAM SYSTEMS INC 393 519
    EQUINOR ASA 1,570 1,662
    ESTEE LAUDER COMPANIES INC 1,530 2,380
    EXACT SCIENCES CORPORATION 196 236
    EXPONENT, INC 559 1,288
    FACEBOOK INC 3,401 4,632
    FERGUSON PLC SPON ADR 1,253 1,336
    FIDELITY NATIONAL INFORMATION 1,824 3,190
    FIRST ENERGY CORP 2,010 2,141
    FISERV INC 1,729 2,644
    FIVE BELOW INC 291 960
    FLEETCOR TECHNOLGIES INC 1,303 1,966
    GARDNER DENVER INC 604 865
    GARTNER INC 777 1,288
    GENMAB A/S 818 739
    GLACIER BANCORP INC 416 527
    GOLDMAN SACHS GROUP 2,395 2,046
    GRACO INC 776 1,505
    GRAND CANYON EDUCATION, INC 590 585
    GRUPO FIN ADR 1,617 1,483
    GUARDANT HEALTH INC 241 259
    HEXCEL CP DELAWARE 737 890
    HILLENBRAND, INC 955 1,306
    HOME DEPOT INC 1,384 1,664
    HONEYWELL INTL 2,359 3,492
    IAA INC 534 698
    ICICI BK LTD ADS 2,552 3,550
    ICU MEDICAL, INC 395 1,008
    ILLINOIS TOOL WORKS 2,345 2,865
    ILLUMINA INC COM 1,669 2,945
    INGERSOL-RAND PLC 2,162 3,040
    INSULET CORPORATION 246 358
    INTUITIVE SURGICAL 1,566 1,574
    ISHARES BARCLAYS US AGGREGATE 316,008 322,469
    ISHARES CORE 1-5 YEAR USD BOND 47,365 48,765
    ISHARES CORE MSCI EAFE ETF 95,496 97,072
    ISHARES MSCI USA MIN VOLATILIT 75,676 90,125
    JAMES RIVER GROUP HOLDINGS LTD 554 657
    JAZZ PHARMACEUTICALS INC 598 570
    JOHNSON & JOHNSON 4,340 5,153
    JOHNSON CONTROLS INTERNATIONAL 2,147 2,148
    JP MORGAN CHASE 4,988 6,373
    KAO CORP 1,253 1,500
    KAR AUCTION SERVICES INC 326 450
    KASIKORNBANK PUB CO LTD ADR CM 1,000 1,113
    KERING UNSPON ADR EA REPR 0.1 1,036 1,298
    KIMBERLY CLARK CORP 1,979 2,399
    KOMATSU LTD 2,278 2,061
    KONINKLIJKE DSM NV ADR 1,465 1,667
    LANDSTAR SYSTEM 1,530 2,376
    LEAR CORP 1,220 1,253
    LEGG MASON INC 4,319 5,130
    LINCOLN ELECTRIC HOLDING INC 451 576
    LITHIA MOTORS INC CL A 480 594
    LOCKHEED MARTIN CORP 1,615 1,818
    LONZA GROUP AG UNSP/ADR 1,785 1,886
    LPL FINANCIAL HOLDINGS INC 1,044 3,344
    LULULEMON ATHLETICA INC 1,899 2,343
    MAKITA CORP 2,006 2,166
    MARKEL CORP 886 1,090
    MARKETAXESS HOLDINGS, INC 547 1,607
    MARRIOTT INTERNATIONAL INC. CL 722 1,263
    MASTERCARD INC 2,317 5,291
    MATADOR RESOURCES COMPANY 560 417
    MATTHEWS INTERNATIONAL CORPORA 2,630 1,673
    MCKESSON CORP 1,772 1,478
    MEDTRONIC PLC 6,899 8,180
    MICHAELS STORES INC 561 183
    MICHELIN CIE GEN UNSP/ADR 1,973 1,973
    MICROSOFT CORP 3,415 6,563
    MID-AMERICA APT COMMUNITIES IN 435 589
    MIDDLEBY CORPORATION 490 543
    MOLSON COOR BREW CO CL B 2,182 2,184
    MR PRICE GROUP LTD 956 967
    NASDAQ OMX GROUP 1,051 1,827
    NASPERS LTD N SPONS ADR 2,195 2,325
    NESTLE S.A 2,774 3,722
    NETFLIX INC 1,920 4,408
    NEUROCRINE BIOSCIENCES, INC 636 591
    NIELSEN HOLDINGS N.V 3,235 2,780
    NIKE INC-CL B 2,482 2,770
    NORDEA BANK ABP 2,716 1,591
    NORDSON CP 406 707
    NORTHROP GRUMMAN CORP 1,271 2,262
    NOVARTIS AG ADR 3,639 4,566
    NVIDIA CORP 3,141 2,463
    OGE ENERGY CORP 462 638
    PARSLEY ENERGY INCORPORATED CL 664 456
    PAYPAL HOLDINGS, INC 1,900 2,518
    PEPSICO INC 1,425 1,442
    PFIZER INC 2,834 3,596
    PHILIP MORRIS INTL 3,210 2,906
    PHYSICIANS REALTY TRUST 685 610
    PING AN INSURANCE GROUP ADR 3,128 3,725
    PINNACLE FINANCIAL PARTNERS IN 837 805
    PNC FINANCIAL GROUP INC 2,411 2,334
    POLARIS INDUSTRIES 661 639
    POOL CORP 324 573
    PORTLAND GEN ELEC 499 704
    POST HOLDINGS INC 928 1,664
    POWER INTEGRATIONS, INC 284 481
    PPG INDUSTRIES INC 2,947 3,268
    PREMIER INC 621 743
    PRUDENTIAL PLC SC 4,195 4,119
    PT TELEKOM. IND. TBK ADR 1,245 1,433
    QUAKER CHEMICAL CORP 492 812
    QUALCOMM INC 1,948 1,826
    RAPID7 INCORPORATED 333 868
    RBC BEARINGS INCORPORATED 487 1,168
    RED ELECTRICA DE ESPANA SA 1,721 1,725
    RELX PLC 2,923 3,271
    RITCHIE BROS AUCTIONEERS 508 631
    ROCHE HOLDING LTD ADR 2,213 2,387
    ROGERS COMM CL B 1,445 1,499
    ROYAL DUTCH SHELL CL A 4,275 4,880
    RPM INTERNATIONAL INC 995 1,283
    RYANAIR HOLDINGS PLC-ADR COM 1,938 1,347
    RYOHIN KEIKAKU 1,873 1,440
    S&P GLOBAL INC COM 1,253 1,367
    SAFRAN SA - UNSPON ADR 4,743 5,843
    SAGE THERAPEUTICS INC 937 1,099
    SALESFORCE.COM 3,197 4,855
    SAMPO PLC UNSPONSORED ADR 2,828 2,779
    SANLAM LTD SPONSORED ADR (SOUT 1,808 1,803
    SANOFI-AVENTIS SPONSORED ADR 3,202 3,159
    SAP AKTIENGESELL ADS 3,806 5,472
    SCHLUMBERGER LTD 2,956 1,669
    SCHNEIDER NATIONAL INC 487 401
    SERVICE NOW 1,446 1,922
    SIGNATURE BANK 934 846
    SILICON LABORATORIES, INC 460 620
    SONOVA HOLDING AG AD 1,049 1,224
    SOUTHERN CO 998 995
    SPDR BARCLAYS INVESTMENT GRADE 35,786 35,984
    SPDR PORTFOLIO INTERMEDIATE TE 36,140 37,199
    SPLUNK INC 776 1,635
    SQUARE INC 1,460 1,523
    SS&C TECHNOLOGIES INC 710 1,095
    STANLEY BLACK & DECKER INC 1,474 1,446
    STATE STREET CORPORATION 2,438 1,626
    STERICYCLE INC 5,628 5,014
    STERIS PLC 599 1,191
    SUMITOMO MITSUI FINCL GRP 2,688 2,386
    SUMMIT HOTEL PROPERTIES, INC 827 596
    SUN COMMUNITIES INC 551 1,026
    SUNCOR ENERGY INC 3,299 3,054
    SUZUKI MOTOR CORP UNSP ADR 1,825 1,689
    TAIWAN SEMICONDUCTOR MFG CO LT 2,472 2,781
    TELENOR ASA 2,669 2,873
    TENCENT HOLDINGS LIMITED 3,573 3,485
    TESLA MOTORS INC 1,829 1,341
    TEXAS INSTRUMENTS INC 2,672 3,443
    TEXAS ROADHOUSE, INC 767 644
    THERMO FISHER SCIENTIFIC INC 827 1,762
    TORO CO 621 1,004
    TRAVELERS COMPANIES INC 1,909 2,691
    TWILIO INC 559 545
    TYLER TECHNOLOGIES, INC 448 648
    UBER 353 371
    UBISOFT ENTERTAIN UNSP ADR EAC 1,305 1,136
    UNILEVER PLC AMER 2,041 2,851
    UNION PACIFIC 3,614 4,735
    UNITEDHEALTH GROUP INC 506 488
    US BANCORP 2,696 3,249
    VAIL RESORTS INC 611 670
    VANGUARD S&P 500 ETF 55,203 75,092
    VERTEX PHARMCTLS INC 1,339 1,650
    VINCI SA ADR 1,616 2,296
    VISA INC 1,923 4,165
    VIVENDI SA 2,727 2,880
    VOLKSWAGEN AG ADR 2,807 2,673
    WABTEC 874 718
    WALT DISNEY HOLDINGS CO 1,755 1,815
    WATERS CORP 984 1,507
    WEBSTER FINL CORP 592 669
    WELLS FARGO & CO 3,468 3,218
    WEST PHARMA SVCS INC 687 1,252
    WESTERN ALLIANCE BANCORPORATIO 942 805
    WESTERN UNION CO 5,023 5,211
    WILEY JOHN & SONS INC CL A 1,910 1,834
    WILLIS TOWERS WATSON PUBLIC LT 2,929 4,405
    WOLTERS KLUWER S/ADR 1,760 3,197
    WORKDAY INC 782 2,056
    XCEL ENERGY INC 1,961 2,677
    XILINX INC 633 708
    YANDEX N V 1,335 1,558
    ZEBRA TECHNOLOGIES CORP 569 1,466

    TY 2018 OtherExpensesSchedule
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 9,500     9,500
    Bank Charges 1 1    
    State or Local Filing Fees 55     55


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 25,673 25,673    


    TY 2018 SubstantialContributorsSch
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Name Address
    Ling Exemption Trust c/o Leonard Ling 1306 Solano Ave
    Albany,CA94706


    TY 2018 TaxesSchedule
    Name:
    Leonard and Ilona Ling Family Foundation
    EIN:
    20-5247159
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax Paid 892 892