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 09-01-2018 , and ending 08-31-2019
Name of foundation
TW J N MCEACHERN UNIV OF GA
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

58-6093589
B Telephone number (see instructions)

(888) 730-4933
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$4,557,603J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 93,334 93,245  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 170,613
b Gross sales price for all assets on line 6a 966,222
7 Capital gain net income (from Part IV, line 2)... 170,613
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 216 216  
12 Total. Add lines 1 through 11........ 264,163 264,074  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 55,155 41,366   13,789
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 964 0 0 964
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,893 1,808   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 2,218 53   2,165
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,230 43,227 0 16,918
25 Contributions, gifts, grants paid....... 174,090 174,090
26 Total expenses and disbursements. Add lines 24 and 25 242,320 43,227 0 191,008
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 21,843
b Net investment income (if negative, enter -0-) 220,847
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.............      
2 Savings and temporary cash investments......... 193,464 138,322 138,322
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 3,540,498 Click to see attachment3,617,688 4,419,281
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) 3,733,962 3,756,010 4,557,603
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,733,962 3,756,010
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)..... 3,733,962 3,756,010
31 Total liabilities and net assets/fund balances (see instructions). 3,733,962 3,756,010
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
3,733,962
2
Enter amount from Part I, line 27a .....................
2
21,843
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
514
4
Add lines 1, 2, and 3 ..........................
4
3,756,319
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
309
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,756,010
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 .5 RIGHTMOVE PLC-UNSP ADR   2018-08-22 2018-09-10
b 18. SL GREEN REALTY CORP COM   2013-01-10 2018-09-17
c 3. SIMON PROPERTY GROUP INC   2013-01-10 2018-09-17
d .552 BROOKFIELD PROPERTY PARTNERS   2018-08-29 2018-09-17
e 19. BROOKFIELD PROPERTY PARTNERS   2018-08-29 2018-09-18
48. CISCO SYSTEMS INC     2018-10-01
111. MANULIFE FINANCIAL CORP   2016-05-03 2018-10-01
11. PNC FINANCIAL SERVICES GROUP   2016-06-10 2018-10-01
5. TJX COMPANIES INC   2013-09-27 2018-10-01
12. UNION PACIFIC CORP   2016-05-03 2018-10-01
10000. GENERAL ELEC CAP COR 4.650% 10/17/21   2016-05-11 2018-10-02
2. ESSEX PPTY TR COM   2015-06-05 2018-10-10
10000. US BANCORP 1.950% 11/15/18   2016-05-11 2018-10-15
3. AMERICAN HOMES 4 RENT   2017-11-16 2018-10-24
1. AMERICAN TOWER REIT   2015-02-27 2018-10-24
6. APARTMENT INVT & MGMT CO CL A   2017-06-15 2018-10-24
2. AVALONBAY CMNTYS INC   2016-01-13 2018-10-24
2. CORPORATE OFFICE PROPERTIES COM   2017-11-02 2018-10-24
6. CUBESMART   2013-09-06 2018-10-24
1. EPR PROPERTIES   2018-01-31 2018-10-24
1. EQUITY LIFESTYLE PPTYS INC   2017-09-21 2018-10-24
1. EQUITY RESIDENTIAL PPTYS TR SH BEN   2013-01-10 2018-10-24
1. ESSEX PPTY TR COM   2015-06-05 2018-10-24
2. FIRST INDL RLTY TR INC COM   2013-09-06 2018-10-24
2. HCP INC   2017-08-10 2018-10-24
2. HEALTHCARE TRUST OF AME-CL A   2017-05-12 2018-10-24
1. HILTON GRAND VACATIONS INC   2018-06-19 2018-10-24
1. HILTON WORLDWIDE HOLDINGS IN   2016-12-21 2018-10-24
2. HUDSON PACIFIC PROPERTIES INC   2017-01-27 2018-10-24
12. INVITATION HOMES INC   2017-09-05 2018-10-24
1. KILROY REALTY CORP COM   2016-11-25 2018-10-24
2. PHYSICIANS REALTY TRUST   2016-11-25 2018-10-24
1. PROLOGIS INC   2018-08-01 2018-10-24
21. REALTY INCOME CORP COM   2018-08-01 2018-10-24
1. REGENCY CENTERS CORP   2016-02-17 2018-10-24
1. SAUL CTRS INC COM   2013-09-06 2018-10-24
1. SIMON PROPERTY GROUP INC   2013-01-10 2018-10-24
2. SPIRIT RLTY CAP INC NEW   2016-03-22 2018-10-24
2. STORE CAPITAL CORP   2018-08-01 2018-10-24
1. TERRENO REALTY CORP   2018-01-19 2018-10-24
1. VICI PROPERTIES INC   2018-02-08 2018-10-24
1. VORNADO REALTY TRUST   2016-01-20 2018-10-24
1. WELLTOWER INC   2016-01-14 2018-10-24
1. INTERXION HOLDING NV   2016-11-14 2018-10-24
17. SL GREEN REALTY CORP COM   2013-01-10 2018-10-26
3. BERSHIRE HATHAWAY INC.   2016-01-19 2018-10-30
6. TARGET CORP   2016-01-19 2018-10-30
6. ZOETIS INC   2017-04-25 2018-10-30
14. EXTRA SPACE STORAGE INC   2018-10-26 2018-11-02
3. AMERICAN TOWER REIT   2015-02-27 2018-11-15
13. SIMON PROPERTY GROUP INC   2013-01-10 2018-11-15
26. SPIRIT MTA REIT     2018-11-15
2824.859 FID ADV EMER MKTS INC- CL I 607     2018-11-16
99. SCHLUMBERGER LTD     2018-11-21
22. SCHLUMBERGER LTD   2018-01-24 2018-11-21
6. SIMON PROPERTY GROUP INC   2013-01-10 2018-11-27
17. STORE CAPITAL CORP   2018-08-01 2018-11-27
4. CROWN CASTLE INTL CORP     2018-12-07
10000. BP CAPITAL MARKETS 3.119% 5/04/26   2018-10-23 2018-12-12
3. CROWN CASTLE INTL CORP   2018-05-16 2018-12-17
3. CROWN CASTLE INTL CORP   2015-12-08 2018-12-17
29. INVITATION HOMES INC     2018-12-17
9. AMERIPRISE FINL INC   2018-08-08 2018-12-21
28. AMERIPRISE FINL INC     2018-12-21
41. COMCAST CORP CLASS A   2013-09-27 2018-12-21
14. NIKE INC CL B   2017-10-30 2018-12-21
.4 SPIRIT REALTY CAPITAL INC   2016-03-22 2018-12-24
3. AMERICAN TOWER REIT   2015-02-27 2019-01-16
5. EQUITY RESIDENTIAL PPTYS TR SH BEN   2013-01-10 2019-01-16
4. EXTRA SPACE STORAGE INC     2019-01-16
7. HILTON WORLDWIDE HOLDINGS IN   2018-11-15 2019-01-16
10000. ANHEUSER-BUSCH INBEV 3.700% 2/01/24   2016-05-11 2019-01-24
15000. AMGEN INC 5.700% 2/01/19   2016-05-11 2019-02-01
2. AMERICAN TOWER REIT   2015-02-27 2019-02-05
2. EQUINIX INC     2019-02-05
3. EQUINIX INC     2019-02-05
7. EQUINIX INC     2019-02-05
10. CVS HEALTH CORPORATION     2019-02-14
93. COMCAST CORP CLASS A   2013-09-27 2019-02-14
53. EXTENDED STAY AMERICA INC     2019-02-25
1. HILTON WORLDWIDE HOLDINGS IN   2016-12-21 2019-02-25
3. HILTON WORLDWIDE HOLDINGS IN   2018-11-15 2019-02-25
25. VORNADO REALTY TRUST   2013-01-10 2019-02-25
.5839 APARTMENT INVT & MGMT CO -A   2017-06-15 2019-03-01
3. ESSEX PPTY TR COM     2019-03-21
5. SIMON PROPERTY GROUP INC   2013-01-10 2019-03-21
396.283 JOHCM INTERNATIONAL SEL-I #180   2018-04-13 2019-03-28
1581.739 JOHCM INTERNATIONAL SEL-I #180   2016-07-11 2019-03-28
1309.39 TWEEDY BROWNE FD GLOBAL VALUE #1   2018-08-20 2019-03-28
9. ALEXANDRIA REAL ESTATE EQUITIES     2019-03-29
7. ALEXANDRIA REAL ESTATE EQUITIES     2019-03-29
26. AMERICAN HOMES 4 RENT   2017-11-16 2019-03-29
14. AMERICAN HOMES 4 RENT   2019-02-05 2019-03-29
3. AMERICAN TOWER REIT   2015-02-27 2019-03-29
3. AVALONBAY CMNTYS INC     2019-03-29
12. AVALONBAY CMNTYS INC     2019-03-29
9. BOSTON PROPERTIES INC COM   2019-02-05 2019-03-29
2. BOSTON PROPERTIES INC COM   2019-02-25 2019-03-29
13. CORPORATE OFFICE PROPERTIES COM   2017-11-02 2019-03-29
4. CROWN CASTLE INTL CORP   2015-12-08 2019-03-29
8. CUBESMART   2019-03-21 2019-03-29
14. CUBESMART   2013-09-06 2019-03-29
11. DUKE REALTY CORPORATION   2018-09-17 2019-03-29
15. DUKE REALTY CORPORATION   2013-09-06 2019-03-29
11. EPR PROPERTIES   2018-04-19 2019-03-29
4. EPR PROPERTIES   2018-01-31 2019-03-29
2. EQUINIX INC   2015-10-22 2019-03-29
4. EQUINIX INC     2019-03-29
8. EQUITY LIFESTYLE PPTYS INC     2019-03-29
7. EQUITY RESIDENTIAL PPTYS TR SH BEN   2013-01-10 2019-03-29
8. ESSEX PPTY TR COM   2013-09-06 2019-03-29
3. EXTENDED STAY AMERICA INC   2017-09-21 2019-03-29
16. EXTENDED STAY AMERICA INC   2018-09-24 2019-03-29
5. EXTRA SPACE STORAGE INC   2016-02-17 2019-03-29
11. EXTRA SPACE STORAGE INC     2019-03-29
20000. FED NATL MTG ASSN 2.625% 9/06/24   2016-05-11 2019-03-29
13. FIRST INDL RLTY TR INC COM   2013-09-06 2019-03-29
17. HCP INC   2017-08-10 2019-03-29
48. HEALTHCARE TRUST OF AME-CL A   2017-05-12 2019-03-29
16. HILTON GRAND VACATIONS INC   2018-06-19 2019-03-29
12. HILTON WORLDWIDE HOLDINGS IN     2019-03-29
18. HUDSON PACIFIC PROPERTIES INC     2019-03-29
90. INVITATION HOMES INC     2019-03-29
90. ISHARES IBOXX $ INV GR CORP BD FD   2016-05-11 2019-03-29
4. KILROY REALTY CORP COM   2019-02-25 2019-03-29
10. KILROY REALTY CORP COM   2016-11-25 2019-03-29
12. LIBERTY PPTY TR SH BEN INT   2018-10-24 2019-03-29
26. PHYSICIANS REALTY TRUST   2016-11-25 2019-03-29
11.88 PROLOGIS INC   2017-10-17 2019-03-29
40.12 PROLOGIS INC     2019-03-29
4. PUBLIC STORAGE INC COM   2013-01-10 2019-03-29
26. REGENCY CENTERS CORP     2019-03-29
4. SAUL CTRS INC COM   2013-09-06 2019-03-29
13. SIMON PROPERTY GROUP INC     2019-03-29
23. SPIRIT REALTY CAPITAL INC     2019-03-29
46. STORE CAPITAL CORP     2019-03-29
3. SUN CMNTYS INC COM   2018-09-17 2019-03-29
9. SUN CMNTYS INC COM     2019-03-29
27. SUNSTONE HOTEL INVS INC NEW   2018-12-07 2019-03-29
30. SUNSTONE HOTEL INVS INC NEW     2019-03-29
16. TANGER FACTORY OUTLET CTR     2019-03-29
8. TAUBMAN CTRS INC COM   2018-11-27 2019-03-29
3. TERRENO REALTY CORP   2018-01-19 2019-03-29
7. TERRENO REALTY CORP   2019-03-21 2019-03-29
15000. US TREASURY NOTE 1.875% 5/31/22   2016-05-11 2019-03-29
29. VICI PROPERTIES INC     2019-03-29
11. WELLTOWER INC     2019-03-29
19. WELLTOWER INC     2019-03-29
13. WEYERHAEUSER CO   2017-10-17 2019-03-29
18. INTERXION HOLDING NV     2019-03-29
15000. SHELL INTERNATIONAL 4.300% 9/22/19   2016-05-11 2019-04-05
.4892 APARTMENT INVT & MGMT CO -A   2019-03-25 2019-04-08
4. APARTMENT INVT & MGMT CO -A   2019-03-25 2019-04-10
32. APARTMENT INVT & MGMT CO -A     2019-04-10
10. HFF INC   2018-08-22 2019-04-11
18. HFF INC   2018-08-22 2019-04-12
72. HFF INC   2017-10-03 2019-04-12
3. HFF INC   2017-10-03 2019-04-15
10. HFF INC   2017-10-03 2019-04-16
13. HFF INC   2017-08-22 2019-04-17
4. HFF INC   2017-08-22 2019-04-18
80. HFF INC   2017-08-22 2019-04-22
36. HFF INC   2017-08-22 2019-04-23
3. AMERICAN TOWER REIT     2019-04-24
20. LIBERTY PPTY TR SH BEN INT     2019-04-24
1. BERSHIRE HATHAWAY INC.   2016-01-19 2019-05-09
8. BERSHIRE HATHAWAY INC.   2019-04-01 2019-05-09
45. ROCHE HOLDINGS LTD - ADR   2019-04-01 2019-05-09
7. THERMO FISHER SCIENTIFIC INC   2019-04-01 2019-05-09
10. ZOETIS INC   2019-04-01 2019-05-09
22. LIBERTY PPTY TR SH BEN INT   2018-10-15 2019-05-16
22. BERSHIRE HATHAWAY INC.     2019-05-20
12.238 FIDELITY NEW MRKTS INC-Z #3323   2019-03-29 2019-05-23
14. EXTRA SPACE STORAGE INC   2016-02-17 2019-06-10
33. HILTON GRAND VACATIONS INC     2019-06-10
22. HILTON GRAND VACATIONS INC     2019-06-10
12. PROLOGIS INC     2019-06-10
4. SIMON PROPERTY GROUP INC   2013-09-06 2019-06-10
5. APPLE INC   2019-04-01 2019-06-11
14. WALT DISNEY CO     2019-06-11
204. ROCHE HOLDINGS LTD - ADR     2019-06-11
12. ROCHE HOLDINGS LTD - ADR   2019-04-01 2019-06-11
1076.658 JOHCM INTERNATIONAL SEL-I #180   2016-07-11 2019-06-19
6844.627 T ROWE PRICE INST EM MKT EQ 146   2016-07-11 2019-06-19
2155.753 T ROWE PRICE INST EM MKT EQ 146   2018-08-20 2019-06-19
538.213 TWEEDY BROWNE FD GLOBAL VALUE #1   2018-08-20 2019-06-19
17. CVS HEALTH CORPORATION     2019-07-02
29. SUNCOR ENERGY INC NEW F   2018-11-21 2019-07-02
20. MICROSOFT CORP   2019-04-01 2019-07-03
11. CORPORATE OFFICE PROPERTIES COM   2017-11-02 2019-07-05
62. HUDSON PACIFIC PROPERTIES INC     2019-07-05
8. APPLE INC   2019-04-01 2019-07-09
42. CISCO SYSTEMS INC   2019-04-01 2019-07-09
12. UNION PACIFIC CORP   2019-04-01 2019-07-09
7. CORPORATE OFFICE PROPERTIES COM   2019-01-16 2019-07-16
18. CORPORATE OFFICE PROPERTIES COM     2019-07-16
10. PROLOGIS INC   2017-10-20 2019-07-16
29. SPIRIT REALTY CAPITAL INC   2016-02-08 2019-07-16
11. SPIRIT REALTY CAPITAL INC   2018-08-09 2019-07-16
5. THERMO FISHER SCIENTIFIC INC     2019-07-22
3. THERMO FISHER SCIENTIFIC INC   2019-04-01 2019-07-22
11. ZOETIS INC   2017-04-25 2019-07-22
9. ZOETIS INC   2019-04-01 2019-07-22
23. CME GROUP INC     2019-07-30
16. MERCK & CO INC NEW   2019-04-01 2019-07-30
61. COPART INC COM     2019-08-01
29. COPART INC COM   2018-08-22 2019-08-02
10. COPART INC COM   2017-10-03 2019-08-02
99. COPART INC COM   2017-10-03 2019-08-05
10220.126 PIMCO COMMODITY REAL RET STRAT-I45   2018-08-20 2019-08-05
189. COPART INC COM     2019-08-06
11. CORPORATE OFFICE PROPERTIES COM   2019-01-16 2019-08-06
2. CROWN CASTLE INTL CORP   2015-12-08 2019-08-06
18. EXTENDED STAY AMERICA INC     2019-08-06
51. EXTENDED STAY AMERICA INC     2019-08-06
8. HILTON WORLDWIDE HOLDINGS IN     2019-08-06
21. COGNIZANT TECH SOLUTIONS CRP COM   2019-04-01 2019-08-13
10. DIAGEO PLC - ADR   2019-04-01 2019-08-13
9. ELI LILLY & CO COM   2019-04-01 2019-08-13
4. UNION PACIFIC CORP   2016-05-03 2019-08-13
4. UNION PACIFIC CORP   2019-04-01 2019-08-13
12. UNITED PARCEL SERVICE-CL B   2019-04-01 2019-08-13
73.457 PRINCIPAL PREFERRED SEC-R6 #8200   2018-04-25 2019-08-21
6. ALEXANDRIA REAL ESTATE EQUITIES     2019-08-26
24. SPIRIT REALTY CAPITAL INC   2018-08-09 2019-08-26
9. SPIRIT REALTY CAPITAL INC   2018-09-17 2019-08-26
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6   6  
b 1,818   1,417 401
c 548   450 98
d 11   11  
e 384   385 -1
2,350   1,168 1,182
1,991   1,579 412
1,499   959 540
563   282 281
1,971   1,042 929
10,309   11,416 -1,107
499   431 68
10,000   10,196 -196
63   65 -2
152   99 53
258   268 -10
352   363 -11
57   65 -8
170   99 71
68   59 9
95   87 8
65   58 7
249   215 34
62   31 31
53   59 -6
53   61 -8
28   38 -10
67   58 9
62   71 -9
264   275 -11
71   73 -2
34   35 -1
65   65  
1,238   1,164 74
63   71 -8
51   43 8
174   150 24
16   22 -6
58   54 4
36   35 1
22   20 2
67   73 -6
65   69 -4
60   34 26
1,560   1,338 222
600   382 218
517   416 101
544   331 213
1,219   1,231 -12
485   297 188
2,363   1,949 414
268   244 24
35,000   42,220 -7,220
4,712   7,290 -2,578
1,047   1,730 -683
1,081   900 181
497   463 34
463   425 38
9,584   9,425 159
337   306 31
337   252 85
601   654 -53
908   1,273 -365
2,826   2,659 167
1,400   917 483
1,019   770 249
14   22 -8
490   297 193
341   291 50
367   352 15
506   509 -3
9,961   10,775 -814
15,000   16,689 -1,689
343   198 145
789   875 -86
1,184   1,161 23
2,763   2,136 627
680   853 -173
3,472   2,080 1,392
947   1,095 -148
84   58 26
251   218 33
1,714   1,480 234
28   27 1
868   646 222
888   750 138
9,015   9,249 -234
35,985   29,974 6,011
35,000   37,868 -2,868
1,280   1,116 164
996   902 94
591   566 25
318   320 -2
588   297 291
601   554 47
2,404   2,157 247
1,206   1,188 18
268   270 -2
354   423 -69
510   336 174
255   257 -2
447   232 215
337   319 18
459   222 237
847   598 249
308   234 74
903   589 314
1,807   1,856 -49
913   625 288
526   408 118
2,309   1,166 1,143
54   60 -6
288   317 -29
509   425 84
1,120   962 158
20,310   21,202 -892
459   203 256
532   498 34
1,373   1,466 -93
492   610 -118
999   692 307
619   633 -14
2,185   1,954 231
10,713   10,790 -77
303   300 3
758   731 27
581   501 80
489   455 34
853   686 167
2,881   2,600 281
872   582 290
1,761   1,814 -53
205   171 34
2,365   1,849 516
915   1,178 -263
1,541   1,296 245
356   308 48
1,068   582 486
389   402 -13
432   445 -13
336   465 -129
424   413 11
126   104 22
295   294 1
14,840   15,410 -570
632   636 -4
853   706 147
1,474   1,190 284
342   455 -113
1,198   1,122 76
15,108   16,320 -1,212
25   24 1
203   199 4
1,625   1,423 202
475   456 19
856   822 34
3,426   2,887 539
143   120 23
477   401 76
615   481 134
191   148 43
3,808   2,961 847
1,713   1,332 381
578   291 287
979   828 151
206   127 79
1,652   1,635 17
1,441   1,552 -111
1,872   1,927 -55
1,012   1,017 -5
1,062   893 169
4,450   2,554 1,896
182   185 -3
1,526   1,189 337
929   977 -48
619   767 -148
941   692 249
646   549 97
973   945 28
1,897   1,346 551
6,960   6,478 482
409   414 -5
25,000   20,403 4,597
267,009   200,000 67,009
84,096   80,000 4,096
15,000   15,565 -565
930   1,371 -441
902   977 -75
2,741   2,372 369
302   358 -56
2,114   2,141 -27
1,608   1,512 96
2,367   2,299 68
2,029   2,048 -19
187   163 24
482   558 -76
816   575 241
1,278   1,463 -185
485   469 16
1,460   621 839
876   826 50
1,271   606 665
1,040   916 124
4,540   1,717 2,823
1,326   1,331 -5
4,761   3,875 886
2,208   1,826 382
761   347 414
7,292   3,438 3,854
58,255   65,000 -6,745
14,091   6,047 8,044
298   257 41
271   168 103
267   329 -62
756   973 -217
735   454 281
1,296   1,544 -248
1,640   1,640  
1,042   1,172 -130
676   347 329
676   683 -7
1,400   1,365 35
750   740 10
879   719 160
1,105   1,022 83
414   370 44
      75,753
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        
b       401
c       98
d        
e       -1
      1,182
      412
      540
      281
      929
      -1,107
      68
      -196
      -2
      53
      -10
      -11
      -8
      71
      9
      8
      7
      34
      31
      -6
      -8
      -10
      9
      -9
      -11
      -2
      -1
       
      74
      -8
      8
      24
      -6
      4
      1
      2
      -6
      -4
      26
      222
      218
      101
      213
      -12
      188
      414
      24
      -7,220
      -2,578
      -683
      181
      34
      38
      159
      31
      85
      -53
      -365
      167
      483
      249
      -8
      193
      50
      15
      -3
      -814
      -1,689
      145
      -86
      23
      627
      -173
      1,392
      -148
      26
      33
      234
      1
      222
      138
      -234
      6,011
      -2,868
      164
      94
      25
      -2
      291
      47
      247
      18
      -2
      -69
      174
      -2
      215
      18
      237
      249
      74
      314
      -49
      288
      118
      1,143
      -6
      -29
      84
      158
      -892
      256
      34
      -93
      -118
      307
      -14
      231
      -77
      3
      27
      80
      34
      167
      281
      290
      -53
      34
      516
      -263
      245
      48
      486
      -13
      -13
      -129
      11
      22
      1
      -570
      -4
      147
      284
      -113
      76
      -1,212
      1
      4
      202
      19
      34
      539
      23
      76
      134
      43
      847
      381
      287
      151
      79
      17
      -111
      -55
      -5
      169
      1,896
      -3
      337
      -48
      -148
      249
      97
      28
      551
      482
      -5
      4,597
      67,009
      4,096
      -565
      -441
      -75
      369
      -56
      -27
      96
      68
      -19
      24
      -76
      241
      -185
      16
      839
      50
      665
      124
      2,823
      -5
      886
      382
      414
      3,854
      -6,745
      8,044
      41
      103
      -62
      -217
      281
      -248
       
      -130
      329
      -7
      35
      10
      160
      83
      44
       
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 2 170,613
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 191,432 4,377,071 0.043735
2016 228,101 2,969,090 0.076825
2015 227,836 3,998,808 0.056976
2014 230,669 4,438,766 0.051967
2013 202,137 4,468,435 0.045237
2
Total of line 1, column (d) .....................
2
0.27474
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
0.054948
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,127,089
5
Multiply line 4 by line 3......................
5
226,775
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,208
7
Add lines 5 and 6........................
7
228,983
8
Enter qualifying distributions from Part XII, line 4,.............
8
191,008
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 4,417
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 4,417
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 4,417
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,338
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,338
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 79
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 taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4bullet27101
    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
    Wells Fargo Bank NA TRUSTEE
    1     		55,155    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,080,647
    b
    Average of monthly cash balances.......................
    1b
    109,291
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,189,938
    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
    4,189,938
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,849
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,127,089
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    206,354
    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
    206,354
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,417
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,417
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    201,937
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    201,937
    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
    201,937
    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
    191,008
    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
    191,008
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    191,008
    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 7 201,937
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 116,346
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 191,008
    a Applied to 2017, but not more than line 2a 116,346
    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..... 74,662
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		127,275
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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.
    NONE
    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 GEORGIA FOUNDATION
    394 S MILLEDGE AVE SUITE 100
    ATHENS,GA30602     		NONE PC GENERAL SUPPORT 174,090
    Total .................................bullet 3a 174,090
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 93,334  
    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 ............     		    18 170,613  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME     		    1 216  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   264,163  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    264,163
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 964     964

    TY 2018 InvestmentsOtherSchedule2
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    713448BN7 PEPSICO INC 4.500% 1 AT COST 11,133 10,086
    46625HHU7 JPMORGAN CHASE & CO AT COST 16,314 15,368
    260543CF8 DOW CHEMICAL CO/THE AT COST 10,804 10,380
    901165100 TWEEDY BROWNE FD GLO AT COST 171,567 160,118
    77954Q403 T ROWE PRICE BLUE CH AT COST 310,146 566,291
    25243Q205 DIAGEO PLC - ADR AT COST 7,167 10,277
    872540109 TJX COS INC NEW AT COST 3,363 5,332
    26875P101 EOG RESOURCES, INC AT COST 8,168 6,009
    58933Y105 MERCK & CO INC NEW AT COST 5,290 8,388
    037833100 APPLE COMPUTER INC C AT COST 9,504 22,753
    097023105 BOEING COMPANY AT COST 6,281 9,830
    126650100 CVS/CAREMARK CORPORA AT COST 11,080 11,027
    693390882 PIMCO FOREIGN BD FD AT COST 65,000 68,494
    594918104 MICROSOFT CORP AT COST 10,721 28,537
    654106103 NIKE INC CL B AT COST 7,550 10,901
    56501R106 MANULIFE FINANCIAL C AT COST 8,120 8,737
    755111507 RAYTHEON CO AT COST 4,407 4,448
    150870103 CELANESE CORP AT COST 7,058 11,904
    H84989104 TE CONNECTIVITY LTD AT COST 6,828 8,757
    31620M106 FIDELITY NATL INFORM AT COST 5,478 6,130
    609207105 MONDELEZ INTERNATION AT COST 10,121 12,590
    562750109 MANHATTAN ASSOCIATES AT COST 3,863 6,776
    749607107 RLI CORP COM AT COST 3,731 5,769
    049904105 ATRION CORP AT COST 8,572 8,549
    126650CK4 CVS HEALTH CORP AT COST 14,915 15,537
    14040HBN4 CAPITAL ONE FINANCIA AT COST 4,952 5,296
    000843201 ACAP STRATEGIC FUND- AT COST 100,000 109,884
    09260C703 BLACKROCK GL L/S CRE AT COST 90,000 91,172
    922031760 VANGUARD HIGH YIELD AT COST 202,349 203,748
    87612E106 TARGET CORP AT COST 4,237 7,065
    405217100 HAIN CELESTIAL GROUP AT COST 6,848 4,648
    172967424 CITIGROUP INC AT COST 9,974 11,776
    848574109 SPIRIT AEROSYTSEMS H AT COST 5,098 6,770
    N22717107 CORE LABORATORIES N AT COST 2,689 1,148
    038336103 APTARGROUP INC AT COST 4,859 6,600
    262037104 DRIL-QUIP INC COM AT COST 11,550 10,454
    384109104 GRACO INC AT COST 14,130 15,448
    74164M108 PRIMERICA INC AT COST 15,867 21,212
    75524B104 RBC BEARINGS INC AT COST 8,894 11,646
    59156RBH0 METLIFE INC 3.600% 4 AT COST 10,570 10,655
    17275R102 CISCO SYSTEMS INC AT COST 5,797 10,673
    464287200 ISHARES S & P 500 IN AT COST 294,521 402,267
    285512109 ELECTRONIC ARTS INC AT COST 6,134 6,464
    512807108 LAM RESEARCH CORP CO AT COST 6,918 8,420
    00770G847 JOHCM INTERNATIONAL AT COST 129,623 157,631
    437076102 HOME DEPOT INC AT COST 5,625 8,205
    907818108 UNION PACIFIC CORP AT COST 4,931 10,203
    46625H100 JPMORGAN CHASE & CO AT COST 9,411 13,842
    426281101 HENRY JACK & ASSOC I AT COST 6,964 8,988
    891092108 TORO CO AT COST 15,205 16,130
    064159FL5 BANK OF NOVA SCOTIA AT COST 10,259 10,163
    026874DD6 AMERICAN INTL GROUP AT COST 14,592 15,973
    437076BM3 HOME DEPOT INC AT COST 9,900 10,600
    172967KK6 CITIGROUP INC AT COST 9,812 10,102
    666807BG6 NORTHROP GRUMMAN COR AT COST 10,613 10,467
    98978V103 ZOETIS INC AT COST 2,591 5,942
    257651109 DONALDSON CO INC AT COST 5,713 5,852
    60786M105 MOELIS & CO AT COST 14,387 10,428
    12514G108 CDW CORP/DE AT COST 15,515 25,410
    581557BE4 MCKESSON CORP 3.796% AT COST 9,900 10,505
    464287242 ISHARES IBOXX $ INV AT COST 31,171 33,488
    05574LFY9 BNP PARIBAS 3.250% 3 AT COST 14,886 15,623
    891160509 TORONTO DOMINION BK AT COST 7,715 7,424
    09247X101 BLACKROCK INC AT COST 7,325 8,451
    12572Q105 CME GROUP INC AT COST 3,977 6,084
    89151E109 TOTAL FINA ELF S.A. AT COST 11,406 10,932
    91324P102 UNITEDHEALTH GROUP I AT COST 6,203 12,870
    02079K107 ALPHABET INC/CA AT COST 11,407 19,010
    517834107 LAS VEGAS SANDS CORP AT COST 8,195 8,321
    303075105 FACTSET RESH SYS INC AT COST 9,264 13,605
    679580100 OLD DOMINION FREIGHT AT COST 13,616 19,815
    92927K102 WABCO HOLDINGS INC AT COST 17,659 17,356
    04316A108 ARTISAN PARTNERS ASS AT COST 6,572 5,594
    38148LAE6 GOLDMAN SACHS GROUP AT COST 10,254 10,658
    857477AT0 STATE STREET CORP AT COST 16,299 16,139
    7591EPAK6 REGIONS FINANCIAL CO AT COST 14,930 15,204
    606822AD6 MITSUBISHI UFJ FIN AT COST 14,898 16,281
    68389XBL8 ORACLE CORP AT COST 9,957 10,150
    61747WAF6 MORGAN STANLEY 5.750 AT COST 11,441 10,494
    06051GEM7 BANK OF AMERICA CORP AT COST 11,543 10,852
    404280AN9 HSBC HOLDING PLC 4.0 AT COST 15,728 15,738
    Y2573F102 FLEXTRONICS INTL LTD AT COST 9,897 6,818
    74256W584 PRINCIPAL MIDCAP FUN AT COST 443,061 523,164
    BIT990000 BLACKSTONE REAL ESTA AT COST 100,000 103,893
    74256W485 PRINCIPAL PREFERRED AT COST 157,260 160,598
    70299PGP6 PARTNERS GROUP PRIVA AT COST 80,000 155,324
    532457108 ELI LILLY & CO COM AT COST 5,146 6,891
    883556102 THERMO FISHER SCIENT AT COST 2,565 7,751
    11135F101 BROADCOM INC AT COST 6,544 6,501
    H42097107 UBS GROUP AG AT COST 8,330 4,887
    045327103 ASPEN TECHNOLOGY INC AT COST 12,268 22,511
    879360105 TELEDYNE TECHNOLOGIE AT COST 16,353 29,007
    741511109 PRICESMART INC AT COST 10,016 8,098
    57060D108 MARKETAXESS HLDGS IN AT COST 9,693 19,086
    961214DW0 WESTPAC BANKING CORP AT COST 10,138 10,925
    446150AK0 HUNTINGTON BANCSHARE AT COST 9,795 10,047
    256677AC9 DOLLAR GENERAL CORP AT COST 9,821 10,360
    406216BD2 HALLIBURTON COMPANY AT COST 10,278 10,418
    192446102 COGNIZANT TECH SOLUT AT COST 8,665 9,147
    31641Q755 FIDELITY NEW MRKTS I AT COST 68,277 63,052
    00143W859 INV OPP DEVELOP MRKT AT COST 290,000 282,052
    254687106 WALT DISNEY CO AT COST 4,942 8,922
    375558103 GILEAD SCIENCES INC AT COST 5,783 5,401
    693475105 PNC FINANCIAL SERVIC AT COST 5,983 8,252
    911312106 UNITED PARCEL SERVIC AT COST 6,831 8,188
    867224107 SUNCOR ENERGY INC NE AT COST 9,518 10,055
    G5960L103 MEDTRONIC PLC AT COST 4,778 5,071
    G29183103 EATON CORP PLC AT COST 6,674 7,991
    73278L105 POOL CORPORATION AT COST 9,861 15,907
    86562MAB6 SUMITOMO MITSUI FINL AT COST 9,982 10,120
    49326EED1 KEYCORP 5.100% 3/24/ AT COST 11,106 10,448
    02209SAS2 ALTRIA GROUP INC 4.0 AT COST 10,796 10,679
    00206R102 AT & T INC AT COST 11,964 12,447
    76657Y101 RIGHTMOVE PLC-UNSP A AT COST 16,614 18,184
    05278C107 AUTOHOME INC-ADR AT COST 22,944 28,501
    10373QAT7 BP CAP MARKETS AMERI AT COST 9,574 10,480
    00206RCN0 AT&T INC AT COST 9,756 10,478
    SEE ATTACHED - 52460205 AT COST 130,420 194,763

    TY 2018 OtherDecreasesSchedule
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Description Amount
    PY RETURN OF CAPITAL ADJUSTMENT 147
    COST BASIS ADJUSTMENT 162


    TY 2018 OtherExpensesSchedule
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 53 53   0
    CUSTODIAN AND MANAGEMENT FEE 2,165 0   2,165


    TY 2018 OtherIncomeSchedule2
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 216 216  


    TY 2018 OtherIncreasesSchedule
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Description Amount
    MF TIMING DIFFERENCE 514


    TY 2018 TaxesSchedule
    Name:
    TW J N MCEACHERN UNIV OF GA
    EIN:
    58-6093589
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,808 1,808   0
    FEDERAL TAX PAYMENT - PRIOR YE 3,747 0   0
    FEDERAL ESTIMATES - PRINCIPAL 4,338 0   0