Form990-PF
Click to see attachment

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 01-01-2018 , and ending 12-31-2018
Name of foundation
ESPERANTIC STUDIES FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)16 DIXIE TRAIL
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27607
A Employer identification number

52-0885287
B Telephone number (see instructions)

(919) 744-8003
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$3,269,617J 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) 25,788
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 113,119 113,119  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 42,846
b Gross sales price for all assets on line 6a 97,012
7 Capital gain net income (from Part IV, line 2)... 42,846
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 69,036 0 69,036
12 Total. Add lines 1 through 11........ 250,789 155,965 69,036
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,600 0 8,580 20,020
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 0 2,190 5,110
c Other professional fees (attach schedule).... Click to see attachment 43,428 788 800 41,840
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,693 0 727 1,698
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,749 0 525 1,224
21 Travel, conferences, and meetings....... 45,534 0 9,027 36,507
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 94,027 0 47,187 46,840
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 228,331 788 69,036 153,239
25 Contributions, gifts, grants paid....... 83,624 83,624
26 Total expenses and disbursements. Add lines 24 and 25 311,955 788 69,036 236,863
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -61,166
b Net investment income (if negative, enter -0-) 155,177
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 51,888 63,345 63,345
2 Savings and temporary cash investments......... 51,655 29,352 29,352
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)....... 3,709,171 Click to see attachment3,173,164 3,173,164
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) Click to see attachment0 Click to see attachment3,756 Click to see attachment3,756
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,812,714 3,269,617 3,269,617
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.................. 2,996,753 2,632,795
25 Temporarily restricted............... 315,961 136,822
26 Permanently restricted............... 500,000 500,000
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    
30 Total net assets or fund balances (see instructions)..... 3,812,714 3,269,617
31 Total liabilities and net assets/fund balances (see instructions). 3,812,714 3,269,617
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
3,812,714
2
Enter amount from Part I, line 27a .....................
2
-61,166
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,751,548
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
481,931
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,269,617
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 ISHARE SELECT DIVIDEND ETF P 2012-05-18 2018-11-20
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 97,012   54,166 42,846
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       42,846
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 42,846
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 218,087 3,644,864 0.059834
2016 71,410 3,307,160 0.021593
2015 79,197 3,195,407 0.024785
2014 80,982 3,203,976 0.025275
2013 89,472 2,555,528 0.035011
2
Total of line 1, column (d) .....................
2
0.166498
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
0.033300
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,640,176
5
Multiply line 4 by line 3......................
5
121,218
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,552
7
Add lines 5 and 6........................
7
122,770
8
Enter qualifying distributions from Part XII, line 4,.............
8
236,863
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 1,552
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 1,552
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 1,552
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 3,680
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Original Return Overpayment: -2128 7 1,552
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   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$ 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)
    bullet
    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 addressbulletWWW.ESPERANTIC.ORG
    14
    The books are in care ofbulletCHUCK MAYS Telephone no.bullet (919) 744-8003

    Located atbullet16 DIXIE TRAILRALEIGHNC ZIP+4bullet276077043
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCA
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    HUMPHREY TONKIN PRESIDENT
    10.00     		0 0 0
    MORTENSEN LIBRARY UNIV OF HARTFORD
    WEST HARTFORD,CT06117
    GRANT GOODALL VICE PRESIDENT
    1.00     		0 0 0
    9500 GILMAN DRIVE 0108
    LA LOLLA,CA92093
    DEREK ROFF SECRETARY
    2.00     		0 0 0
    22 DUTCH RD
    SANTA FE,NM87508
    BEN SPEAKMON TREASURER
    2.00     		0 0 0
    2410 N 38TH ST
    SEATTLE,WA98103
    ANNA BENNETT DIRECTOR AT LARGE
    3.00     		0 0 0
    3831 S VIA DE LA GARZOTA
    GREEN VALLEY,AZ85622
    MARK FETTES DIRECTOR AT LARGE
    1.00     		0 0 0
    2658 E 21ST AVE2658 E 21ST AVE
    VANCOUVER,BRITISH COLUMBIAV5M 2WI
    CA
    WALLACE G DU TEMPLE DIRECTOR/INVESTMENTS OFFIC
    1.00     		0 0 0
    765 BRAEMAR AVE
    NORTH SAANICH,BRITISH COLUMBIAV8L 5G5
    CA
    GEOFFREY GREATREX DIRECTOR AT LARGE
    1.00     		0 0 0
    903-33 CHAPEL ST
    OTTAWA,ONTARIOKIN 8Y8
    CA
    ESTHER SCHOR DIRECTOR AT LARGE
    1.00     		0 0 0
    41 ADAMS DR
    PRINCETON,NJ08540
    CHARLES MAYS EXECUTIVE DIRECTOR
    20.00     		28,600 0 0
    16 DIXIE TRAIL
    RALEIGH,NC27607
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATION SUPPORTS INTERLINGUAL COURSES/WORKSHOPS, INCLUDING ADMINISTRATION, DELIVERY, AND STUDENT PARTICIPATION. IT ALSO SUPPORTS EDUCATIONAL CONFERENCES AND SEMINARS RELATED TO INTERLINGUAL TOPICS SUCH AS CULTURAL ASPECTS OF ESPERANTO. 78,388
    2 THE FOUNDATION SUPPORTS ORIGINAL RESEARCH ON INTERLINGUAL TOPICS SUCH AS CULTURAL ASPECTS OF ESPERANTO AND DEVELOPMENT OF AN INTERACTIVE WORLD WIDE WEB LANGUAGE LEARNING ENVIRONMENT, AS WELL AS THE DISSEMINATION OF RESEARCH AND PEDAGOGY. IT ALSO SUPPORTS THE DEVELOPMENT OF A MULTILINGUAL NETWORK OF INDIGENOUS PEOPLE'S ORGANIZATIONS, INCLUDING DOCUMENTATION, COMMUNICATION, AND PEDAGOGY. 53,811
    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
    3,616,948
    b
    Average of monthly cash balances.......................
    1b
    78,662
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,695,610
    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
    3,695,610
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    55,434
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,640,176
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    182,009
    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
    182,009
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,552
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,552
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    180,457
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    180,457
    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
    180,457
    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
    236,863
    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
    236,863
    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
    1,552
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    235,311
    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 7 180,457
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017...... 10,069
    fTotal of lines 3a through e........ 10,069
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 236,863
    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..... 180,457
    e Remaining amount distributed out of corpus 56,406
    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 66,475
    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) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		66,475
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017.... 10,069
    e Excess from 2018.... 56,406
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHUCK MAYS OR ANY DIRECTOR LISTED I
    16 DIXIE TRAIL
    RALEIGH,NC27607
    (919) 744-8003
    bThe form in which applications should be submitted and information and materials they should include:
    INCLUDE A LETTER OF INQUIRY (TO BE FOLLOWED BY A FORMAL PROPOSAL WITH BUDGET AND TIMELINE).
    cAny submission deadlines:
    NONE. APPLICATIONS WILL BE CONSIDERED FOR THE CURRENT YEAR OR FOLLOWING YEAR DEPENDING ON BUDGET.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS WILL BE GRANTED IN THE AREAS OF RESEARCH, TEACHING, OR PUBLICATIONS DEALING WITH INTERLINGUISTICS. APPLCATIONS SHOULD SHOW A CLEAR PERTINENCE TO ESF'S CORE GOALS, MISSION, AND VALUES. ESF ONLY COMMITS TO FUNDING PROJECTS WITH A DEFINITE BEGINNING AND END WITH A DEFINED TIMELINE.
    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
    ADAM MICKIEWICZ UNIV INTERLINGUSITICS PROGRAM
    AL NIEPODLEGLOSCI 4
    POZNAN   PL 61-874
    PL     		  NC SCHOLARSHIP GRANT TO THE UNIVERSITY INTERLINGUISTICS PROGRAM (SCHOLARSHIPS ARE GRANTED TO STUDENTS AT PROGRAM ADMINISTRATORS DISCRETION NOT DIRECTLY BY ESF) 7,706
    CALICO -BEST LANGUAGE WEBSITE WINNE
    601 UNIVERSITY DR
    SAN MARCOS,TX78666     		  NC AWARD GRANTED FOR A CALICO MEMBERS INNOVATION LANGUAGE LEARNING WEBSITE 250
    CENTRE FOR RESEARCH AND DOCUMENTATION ON WORLD LANGUAGE PROBLEMS (CED)
    NIEUWE BINNENWEG 176
    ROTTERDAM   3015 BJ
    NL     		  NC GRANTS FOR TRAVEL TO CONFERENCES AND PURCHASE OF A LIBRARY COLLECTION. THE GRANTS WERE ADMINISTRATED BY THE BOARD OF THE CENTRE FOR RESEARCH AND DOCUMENTATION (CED) AND NOT DIRECTLY BY ESF) 4,509
    THE STUDY GROUP ON LANGUAGE AT THE UNITED NATIONS
    405 EAST 42ND STREET
    NEW YORK,NY10017     		  NC GRANT FOR THE SYMPOSIUM ON LANGUAGE AND EQUALITY CO-SPONSORED BY THE UNIVERSITY OF HARTFORD AND THE CENTER FOR APPLIED LINGUISTICS 8,780
    ESPERANTO-USA
    1500 PARK AVE STE 134
    EMERYVILLE,CA94608     		  NC SUPPORT FOR YOUTH TO ATTEND THE SUMMER ESPERANTO WORKSHOP 12,000
    KANADA ESPERANTO ANTHOLOGY FUND
    765 BRAEMAR AVENUE
    NORTH SAANICH   V8L 5G5
    CA     		  NC SUPPORT FOR PUBLISHING THE CANADIAN ESPERANTO ANTHOLOGY 5,000
    UNIVERSITY OF MASSACHUSETTS AMHERST - WEB DU BOIS LIBRARY
    154 HICKS WAY
    AMHERST,MA01003     		  NC SUPPORT FOR THE ESPERANTO COLLECTIONS AT UMASS AMHERST FOR PROCESSING ARCHIVAL AND MANUSCRIPT MATERIALS IN ESPERANTO, DIGITIZATION OF VOLUMES, ORPHAN WORKS, ETC., AND CATALOGING ESPERANTO PRINTED MATERIALS 5,000
    WILLIAM PEACE UNIVERSITY
    15 EAST PEACE STREET
    RALEIGH,NC27604     		  NC SUPPORT FOR STUDENTS WHO WISH TO TRAVEL ABROAD WHO HAVE AN INTEREST IN LANGUAGE LEARNING AND LANGUAGE POLICY 5,000
    UNIVERSALA ESPERANTO ASOCIO
    NIEUWE BINNENWEG 176
    ROTTERDAM   3015 BJ
    NL     		  NC SUPPORT TO THE GENERAL FUND (GHENERALA KASO) TO ASSIST WITH THE ADMINISTRATION OF THE ASSOCIATION. 13,511
    PRINCETON UNIVERSITY LIBRARY
    ONE WASHINGTON WAY
    PRINCETON,NJ08544     		  NC SUPPORT FOR THE PRINCETON UNIVERSITY LIBRARY TO EXPAND THEIR COLLECTON OF RARE ESPERANTO MATERIALS 5,000
    AUSTRIAN NATIONAL LIBRARY
    JOSEFSPLATZ 1
    VIENNA   1015
    AT     		  NC SUPPORT FOR A LANGUAGE POLICY CONFERENCE IN THAT WILL TAKE PLACE IN 2019. 6,257
    LERNUNET
    ERICH-STEINFURTH-STRAE 6
    BERLIN   SK-958 04
    GM     		  NC SUPPORT FOR THE LANGUAGE LEARNING SITE 5,649
    EDUCATION INTERNET
    VTAZN 840/67A
    PARTIZNSKE    
    LO     		  NC SUPPORT FOR THE SUMMER ESPERANTO EUROPEAN WORKSHOP AND ESPERANTO SCIENCE CONFERENCE 2,462
    THOMAS ALEXANDER
    97 ELMGUARD STREET
    ROCHESTER,NY14615     		  NC SUPPORT FOR MAKING ESPERANTO EDUCATIONAL VIDEOS 1,500
    CHARLOTTE BURTON
    2361 APOLLO RD 1001
    GARLAND,TX75044     		  NC SUPPORT TO PUBLISH HIGH SCHOOL ESPERANTO TEXT. 1,000
    Total .................................bullet 3a 83,624
    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
    aTUITION INCOME - NASK         63,057
    bMISCELLANEOUS         5,979
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 113,119  
    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 42,846  
    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).. 0 155,965 69,036
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    225,001
    (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.)
    1A TUITION RECEIVED FROM PARTICIPANTS IN ESPERANTO COURSES, WHICH WERE SUBSIDIZED BY ESPERANTIC STUDIES FOUNDATION
    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:  
    Part VI Line 7 -Original Return Overpayment: -2,128


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND BOOKKEEPING FEES 7,300 0 2,190 5,110

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

    TY 2018 ExpenditureResponsibilityStmt
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ADAM MICKIEWICZ UNIV INTERLINGUSITICS PROGRAM
          		AL NIEPODLEGLOSCI 4
    POZNAN   PL 61-874
    PL     		2018-09-27 7,706 SCHOLARSHIP GRANT TO THE UNIVERSITY INTERLINGUISTICS PROGRAM (SCHOLARSHIPS ARE GRANTED TO STUDENTS AT PROGRAM ADMINISTRATORS DISCRETION NOT DIRECTLY BY ESF) 7,706   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    CALICO -BEST LANGUAGE WEBSITE WINNE 601 UNIVERSITY DR
    SAN MARCOS,TX78666     		2018-07-23 250 AWARD GRANTED FOR A CALICO MEMBERS INNOVATION LANGUAGE LEARNING WEBSITE 25   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    CENTRE FOR RESEARCH AND DOCUMENTATION ON WORLD LANGUAGE PROBLEMS (CED)
          		NIEUWE BINNENWEG 176
    ROTTERDAM   3015 BJ
    NL     		2018-10-01 4,509 GRANTS FOR TRAVEL TO CONFERENCES AND PURCHASE OF A LIBRARY COLLECTION. THE GRANTS WERE ADMINISTRATED BY THE BOARD OF THE CENTRE FOR RESEARCH AND DOCUMENTATION (CED) AND NOT DIRECTLY BY ESF) 4,509   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    THE STUDY GROUP ON LANGUAGE AT THE UNITED NATIONS
          		405 EAST 42ND STREET
    NEW YORK,NY10017     		2018-06-24 8,780 GRANT FOR THE SYMPOSIUM ON LANGUAGE AND EQUALITY CO-SPONSORED BY THE UNIVERSITY OF HARTFORD AND THE CENTER FOR APPLIED LINGUISTICS 8,780   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    ESPERANTO-USA
          		1500 PARK AVE STE 134
    EMERYVILLE,CA94608     		2018-12-26 12,000 SUPPORT FOR YOUTH TO ATTEND THE SUMMER ESPERANTO WORKSHOP 12,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    KANADA ESPERANTO ANTHOLOGY FUND
          		765 BRAEMAR AVENUE
    NORTH SAANICH,BRITISH COLUMBIA  
    CA     		2018-11-26 5,000 SUPPORT FOR PUBLISHING THE CANADIAN ESPERANTO ANTHOLOGY 5,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    UNIVERSITY OF MASSACHUSETTS AMHERST - WEB DU BOIS LIBRARY
          		154 HICKS WAY
    AMHERST,MA01003     		2018-12-07 5,000 SUPPORT FOR THE ESPERANTO COLLECTIONS AT UMASS AMHERST FOR PROCESSING ARCHIVAL AND MANUSCRIPT MATERIALS IN ESPERANTO, DIGITIZATION OF VOLUMES, ORPHAN WORKS, ETC., AND CATALOGING ESPERANTO PRINTED MATERIALS 5,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    WILLIAM PEACE UNIVERSITY
          		15 EAST PEACE STREET
    RALEIGH,NC27604     		2018-12-07 5,000 SUPPORT FOR STUDENTS WHO WISH TO TRAVEL ABROAD WHO HAVE AN INTEREST IN LANGUAGE LEARNING AND LANGUAGE POLICY 5,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    UNIVERSALA ESPERANTO ASOCIO
          		NIEUWE BINNENWEG 176
    ROTTERDAM   3015 BJ
    NL     		2018-12-14 13,511 SUPPORT TO THE GENERAL FUND (GHENERALA KASO) TO ASSIST WITH THE ADMINISTRATION OF THE ASSOCIATION. 13,511   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    PRINCETON UNIVERSITY LIBRARY
          		ONE WASHINGTON WAY
    PRINCETON,NJ08544     		2018-12-07 5,000 SUPPORT FOR THE PRINCETON UNIVERSITY LIBRARY TO EXPAND THEIR COLLECTON OF RARE ESPERANTO MATERIALS 5,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    AUSTRIAN NATIONAL LIBRARY
          		JOSEFSPLATZ 1
    VIENNA   1015
    AT     		2019-11-18 6,257 SUPPORT FOR A LANGUAGE POLICY CONFERENCE IN THAT WILL TAKE PLACE IN 2019. 6,257   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    LERNUNET
          		ERICH-STE4INFURTH-STRASSE
    BERLIN    
    GM     		2018-12-31 5,649 SUPPORT FOR THE LANGUAGE LEARNING SITE 5,649   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    EDUCATION & INTERNET
          		VOFAZNO 840/67A
    PARTIZONSKE    
    LO     		2018-12-11 2,462 SUPPORT FOR THE SUMMER ESPERANTO EUROPEAN WORKSHOP AND ESPERANTO SCIENCE CONFERENCE 2,462   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    THOMAS ALEXANDER 97 ELMGUARD STREET
    ROCHESTER,NY14615     		2018-07-21 1,500 SUPPORT FOR MAKING ESPERANTO EDUCATIONAL VIDEOS 1,500   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.
    CHARLOTTE BURTON 2361 APOLLO RD 1001
    GARLAND,TX75044     		2018-12-08 1,000 SUPPORT TO PUBLISH HIGH SCHOOL ESPERANTO TEXT 1,000   VARIOUS 2018-12-31 NO VARIATIONS FOUND. GRANTEES PROVIDE WRITTEN REPORTS AND/OR RECEIPTS FOR EXPENDITURES MADE.

    TY 2018 GeneralExplanationAttachment
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Identifier Return Reference Explanation
    DESCRIPTION OF AMENDMENTS FORM 990-PF - AMENDED RETURN AMENDING TO CORRECT SEVERAL ERRORS MADE ON PART I WHICH WERE CARRIED TO OTHER PARTS OF THE RETURN AND TO MAKE ADJUSTMENTS FOR CORRECT CARRY FORWARD AMOUNTS FROM AN AMENDED 2017 FORM 990-PF. PART ILINE 4 - AS A NONOPERATING FOUNDATION, INTEREST AND DIVIDENDS SHOULD NOT HAVE BEEN INCLUDED AS PART OF COLUMN (C). AS SUCH, THIS AMOUNT HAS BEEN REDUCED TO 0. LINE 12 - TOTAL REVENUE IN COLUMN (C) HAS BEEN REDUCED TO 69,036.LINE 18 - TAX PAYMENTS RELATED TO FORM 990-T WERE REMOVED FROM COLUMN (C). THE TOTAL FOR COLUMN (C) WAS REDUCED TO 727.LINE 23 - PER FORM 990-PF INSTRUCTIONS, IF A NONOPERATING FOUNDATION RECEIVED INCOME FROM A CHARITABLE ACTIVITY, THE ORGANIZATION IS ALLOWED TO CLAIM AS A QUALIFYING DISTRIBUTION THE EXCESS OF EXPENSE INCURRED IN THE ACTIVITY OVER THE INCOME RECEIVED. IN ACCORDANCE WITH THOSE INSTRUCTIONS, THE EXCESS EXPENSE WAS REMOVED FROM COLUMN (C) AND INCLUDED IN COLUMN (D). SEE STATEMENT 6 ITEM "ADJUSTED NET INCOME - EXCESS EXPENSE." COLUMN (C) TOTAL FOR LINE 23 WAS REDUCED TO 47,187 AND COLUMN (D) WAS INCREASED TO 46,840. LINE 24 - TOTAL OPERATING AND AND ADMINSTRATIVE EXPENSES WERE ADJUSTED BASED ON THE CHANGE MADE TO LINE 23. THE TOTAL FOR COLUMN (C) WAS REDUCED TO 69,036 AND THE TOTAL FOR COLUMN (D) WAS INCREASED TO 153,239.LINE 26 - TOTAL EXPENSES AND DISBURSMENTS WERE ADJUSTED BASED ON THE CHANGES MADE TO LINES 23 AND 24. THE TOTAL FOR COLUMN (C) WAS REDUCED TO 69,036 AND THE TOTAL FOR COLUMN (D) WAS INCREASED TO 236,863.LINE 27C - ADJUSTED NET INCOME WAS REDUCED TO 0 BASED ON THE CHANGES MADE TO THE OTHER LINES IN PART I. PART V - LINE 8 WAS INCREASED TO 236,863 BASED ON CHANGES MADE IN PART XII.PART VI - PART VI WAS ADJUSTED FOR THE OVERPAYMENT INCLUDED ON THE ORIGINAL RETURN. BOTH TAX DUE AND OVERPAYMENT ARE REDUCED TO 0 ON THIS AMENDED RETURN. PART XIILINE 1A - LINE 1A WAS INCREASED TO 236,863 BASED ON CHANGES MADE TO PART I. LINE 4 - LINE 4 WAS INCREASED TO 236,863 BASED ON CHANGES MADE TO LINE 1A.LINE 6 - LINE 6 WAS INCREASED TO 235,311 BASED ON CHANGES MADE TO LINE 4. PART XIIILINE 2A - THE UNDISTRIBUTED AMOUNT FROM 2017 WAS REDUCED TO 0 BASED ON AN AMENDED 2017 FORM 990-PF THAT IS BEING FILED CONCURRENT TO THIS RETURN. LINE 3E - EXCESS FROM 2017 INCREASED TO 10,069 BASED ON AMENDED 2017 FORM 990-PF. LINE 3F - TOTAL EXCESS DISTRIBUTION CARRYOVER INCREASED TO 10,069 BASED ON CHANGES MADE TO LINES 3A-3E.LINE 4 - TOTAL QUALIFYING DISTRIBUTIONS WERE INCREASED TO 236,863 BASED ON CHANGES MADE TO PART XII. LINE 4A - QUALIFYING DISTRIBUTIONS APPLIED TO 2017 WAS DECREASED TO 0 BASED ON CHANGES MADE TO LINE 2A.LINE 4D - LINE 4D WAS INCREASED TO 180,457 BASED ON INCREASE IN TOTAL QUALIFYING DISTRIBUTIONS AND CHANGES TO LINE 4A. LINE 4E - LINE 4E WAS INCREASED TO 56,406 DUE TO INCREASE IN TOTAL QUALIFYING DISTRIBUTIONS AND OTHER SUBLINES OF LINE 4. LINE 6A - LINE 6A WAS INCREASED TO 66,475 DUE TO CHANGES MADE TO LINE 4. LINE 6F - LINE 6F WAS REDUCED TO 0 BASED ON CHANGES TO LINE 4. LINE 9 - EXCESS DISTRIBUTION CREATED BASED ON CHANGES TO EARLIER LINES OF PART XIII, INCREASED TO 66,475.LINE 10D - EXCESS FROM 2017 INCREASED TO 10,069 BASED ON CHANGES MADE TO EARLIER LINES OF PART XIII.LINE 10E - EXCESS FROM 2018 INCREASED TO 56,406 BASED ON CHANGES MADE TO EARLIER LINES OF PART XIII.

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Name of Stock End of Year Book Value End of Year Fair Market Value
    12,119 ISHARES SELECT DIVIDEND ETF 1,082,348 1,082,348
    15,943 ISHARES MSCI CANADA ETF 381,995 381,995
    23,118 ISHARES INT PFD STK ETF 349,239 349,239
    5,304 ISHARES MSCI EAFE ETF 311,769 311,769
    3,854 ISHARES MSCI ACWI ETF 247,273 247,273
    6,900 ISHARES US PREFERRED STOCK ETF 236,187 236,187
    3,539 WISDOMTREE TRUST EUROPE HEDGED EQUITY 199,741 199,741
    1078 ISHARES US UTILITIES ETF 144,689 144,689
    2528 ISHARES GLOBAL HEALTHCARE ETF 143,211 143,211
    1,948 ISHARES GLOBAL INFRASTRUCTURE ETF 76,712 76,712

    TY 2018 OtherAssetsSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ASSETS:OTHER ASSETS:ESPERANTO BOOKS   3,756 3,756


    TY 2018 OtherDecreasesSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Description Amount
    UNREALIZED GAIN/LOSS ON INVESTMENTS 481,931


    TY 2018 OtherExpensesSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NASK EXPENSES 86,301 0 63,057 23,244
    MISCELLANEOUS EXPENSES 232 0 232 0
    BANK CHARGES 3,070 0 3,070 0
    OFFICE EXPENSES 3,650 0 1,095 2,555
    PO BOX 176 0 176 0
    INSURANCE 598 0 598 0
    ADJUSTED NET INCOME - EXCESS EXPENSE 0 0 -21,041 21,041


    TY 2018 OtherIncomeSchedule2
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TUITION INCOME - NASK 63,057   63,057
    MISCELLANEOUS 5,979   5,979


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EDUKADO.NET 31,840 0 0 31,840
    DEVELOPMENT FEES 8,000 0 0 8,000
    OTHER FEES 800 0 800 0
    ACADEMIC COORDINATOR 2,000 0 0 2,000
    INVESTMENT EXPENSES 788 788 0 0


    TY 2018 TaxesSchedule
    Name:
    ESPERANTIC STUDIES FOUNDATION
    EIN:
    52-0885287
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 2,425 0 727 1,698
    INCOME TAXES 5,268 0 0 0