Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
THE CARPENTER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)824 EAST MAIN ST NO 102
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MEDFORD, OR97504
A Employer identification number

93-0491360
B Telephone number (see instructions)

(541) 772-5851
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$19,400,711J 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 7 7  
4 Dividends and interest from securities... 694,254 694,254  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 369,556
b Gross sales price for all assets on line 6a 1,650,622
7 Capital gain net income (from Part IV, line 2)... 369,556
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 -59,860 -59,463  
12 Total. Add lines 1 through 11........ 1,003,957 1,004,354  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 43,494 26,096   17,398
14 Other employee salaries and wages...... 102,106 22,370   79,736
15 Pension plans, employee benefits....... 29,044 7,240   21,804
16a Legal fees (attach schedule)......... Click to see attachment 6,477 3,239   3,238
b Accounting fees (attach schedule)....... Click to see attachment 12,395 6,198   6,197
c Other professional fees (attach schedule).... Click to see attachment 19,379 19,379   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 27,107 15,476   1,977
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,699 0  
20 Occupancy.............. 14,945 0   14,945
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 20,948 9,098   11,849
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 277,594 109,096   157,144
25 Contributions, gifts, grants paid....... 747,232 781,280
26 Total expenses and disbursements. Add lines 24 and 25 1,024,826 109,096   938,424
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -20,869
b Net investment income (if negative, enter -0-) 895,258
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 12,449 220,026 220,026
2 Savings and temporary cash investments......... 5,632 5,639 5,639
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)....... 14,888,646 Click to see attachment14,881,505 16,907,437
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).......... 2,107,779 Click to see attachment1,863,694 2,258,350
14 Land, buildings, and equipment: basis bullet20,009
Less: accumulated depreciation (attach schedule) bullet14,530 5,048 Click to see attachment5,479 5,479
15 Other assets (describe bullet) Click to see attachment3,715 Click to see attachment3,780 Click to see attachment3,780
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,023,269 16,980,123 19,400,711
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 215,500 192,650
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment28,014 Click to see attachment28,587
23 Total liabilities (add lines 17 through 22)......... 243,514 221,237
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.................. 16,779,755 16,758,886
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 16,779,755 16,758,886
31 Total liabilities and net assets/fund balances (see instructions). 17,023,269 16,980,123
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
16,779,755
2
Enter amount from Part I, line 27a .....................
2
-20,869
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,758,886
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
16,758,886
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,650,622   1,281,066 369,556
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       369,556
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 2 369,556
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 845,767 19,331,657 0.043750
2016 938,684 17,998,004 0.052155
2015 939,608 17,924,777 0.052420
2014 670,359 19,128,912 0.035044
2013 862,927 18,758,685 0.046001
2
Total of line 1, column (d) .....................
2
0.229370
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
0.045874
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
18,663,849
5
Multiply line 4 by line 3......................
5
856,185
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,953
7
Add lines 5 and 6........................
7
865,138
8
Enter qualifying distributions from Part XII, line 4,.............
8
938,424
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 8,953
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 8,953
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 8,953
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,400
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,447
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,447 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    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.CARPENTER-FOUNDATION.ORG
    14
    The books are in care ofbulletTHE CARPENTER FOUNDATION Telephone no.bullet (541) 772-5851

    Located atbullet824 E MAIN STREET SUITE 102MEDFORDOR ZIP+4bullet97504
    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
    EMILY MOSTUE TRUSTEE/PRESIDENT
    12.00     		42,227 1,267 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    KAREN C ALLAN TRUSTEE/VP & SEC
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    WILLIAM MOFFAT TRUSTEE/TREASURER/INVESTME
    5.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    DAN THORNDIKE FAMILY TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    SUE NAUMES FAMILY TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    LINDA HUGLE PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    MARY CURTIS GRAMLEY PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    LEE MURDOCH PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    PAUL NICHOLSON PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    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
    PAULA WILLIAMS PROGRAM OFFICER
    40.00     		70,715 10,039 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    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.........................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
    18,868,301
    b
    Average of monthly cash balances.......................
    1b
    79,769
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,948,070
    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
    18,948,070
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    284,221
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,663,849
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    933,192
    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
    933,192
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,953
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,953
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    924,239
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    11,198
    5
    Add lines 3 and 4............................
    5
    935,437
    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
    935,437
    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
    938,424
    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
    938,424
    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
    8,953
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    929,471
    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 7 935,437
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 387,049
    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......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 938,424
    a Applied to 2017, but not more than line 2a 387,049
    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..... 551,375
    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 ..........     		384,062
    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....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    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:
    THE CARPENTER FOUNDATION
    824 EAST MAIN ST NO 102
    MEDFORD,OR97504
    (541) 772-5732
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD INCLUDE: 1) COVER LETTER SUMMARIZING PROJECT SCOPE, AMOUNT OF REQUEST, & CONTACT INFORMATION. 2) PROPOSAL (4 PAGES OR LESS): A) DESCRIPTION OF PROPOSAL/PROJECT, COMMUNITY NEEDS OR STRENGTHS IT ADDRESSES B) APPLICANT ORGANIZATION'S PURPOSE, SERVICES TO COMMUNITY, STAFFING & USE OF VOLUNTEERS, C) PROJECT BUDGET, SPECIFICALLY HOW GRANT FUNDS WILL BE USED, & OTHER POSSIBLE FUNDING SOURCES, D) DESCRIPTION OF FUTURE PROJECT FUNDING (IF APPLICABLE), E) PROJECT PLANNING PROCESS, STAFFING, & TIMELINE, F) RESULT EXPECTED & PROPOSED EVALUATION METHOD, G) ANY RECENT INDEPENDENT BOARD FUNDRAISING EFFORTS. 3) REQUIRED ATTACHMENTS (DO NOT STAPLE OR CLIP): A) DETAILED BUDGET FOR CURRENT YEAR & YEAR FOR WHICH THE PROJECT IS PROPOSED (IF DIFFERENT), B) INCOME STATEMENT & BALANCE SHEET FROM MOST RECENTLY COMPLETED FISCAL YEAR (OR AUDIT, IF AVAILABLE), C) LIST OF BOARD OF DIRECTORS, OCCUPATIONS, & ADDRESSES, D) BOARD APPROVAL OF APPLICATION, E) COPY OF IRS 501(C)(3) EXEMPTION LETTER.
    cAny submission deadlines:
    GRANT APPLICATION DEADLINES ARE SET QUARTERLY. PLEASE CALL (541)772-5732 FOR DEADLINE DATES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANT APPLICATIONS WILL BE ACCEPTED ONLY FROM 501(C)(3) ORGANIZATIONS. NO GRANTS TO INDIVIDUALS WILL BE MADE. ONLY ONE GRANT PER YEAR TO ANY AGENCY IS USUALLY CONSIDERED. THE FOUNDATION MAKES GRANTS ONLY WITHIN JACKSON AND JOSEPHINE COUNTIES WITH THE EXCEPTION OF A FEW STATEWIDE PUBLIC INTEREST ISSUES DIRECTLY AFFECTING PERSONS LIVING IN THESE COUNTIES. THE FOUNDATION RARELY MAKES MULTI-YEAR GRANTS, GRANTS FOR HISTORICAL APPLICATIONS, HOSPITAL CONSTRUCTION OR EQUIPMENT, GROUP OR INDIVIDUAL TRIPS, OR ACTIVITIES FOR RELIGIOUS PURPOSES.
    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
    1ST PHOENIX COMMUNITY CENTER
    PO BOX 390
    PHOENIX,OR97535     		N/A PC TO PURCHASE SUPPLIES FOR THE COMMUNITY KITCHEN. 3,500
    ACCESS INC
    PO BOX 4666
    MEDFORD,OR97501     		N/A PC TO SUPPORT THE FOOD SHARE EXPANSION PROJECT. 12,500
    ADDICTIONS RECOVERY CENTER
    1003 E MAIN STE 104
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF RENOVATIONS FOR A NEW RESIDENTIAL SUBSTANCE ABUSE FACILITY. 15,000
    ASHLAND CULTURE OF PEACE COMMISSION
    33 1ST STREET STE 1
    ASHLAND,OR97520     		N/A PC TO PROVIDE VOLUNTEER RECRUITMENT, TRAINING AND APPRECIATION FOR THE WINTER SHELTERS. 5,000
    ASHLAND EMERGENCY FOOD BANK
    PO BOX 3578
    ASHLAND,OR97520     		N/A PC TO PROVIDE FRESH AND PERISHABLE FOODS TO THE FOOD BANK. 5,000
    ASHLAND HIGH SCHOOL
    201 S MOUNTAIN AVENUE
    ASHLAND,OR97520     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 12,500
    ASHLAND NEW PLAYS FESTIVAL
    PO BOX 3314
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE 2019 FALL FESTIVAL . 4,000
    BALLET FOLKLORICO RITMO ALEGRE
    PO BOX 8225
    MEDFORD,OR97501     		N/A PC TO PROVIDE TRAINING FOR INSTRUCTORS AND PERFORMERS. 5,000
    BARNSTORMERS THEATRE INC
    112 NE EVELYN AVENUE
    GRANTS PASS,OR97526     		N/A PC TOWARD UPGRADES IN THE THEATRE BUILDING. 4,300
    BEAR CREEK GREENWAY FOUNDATION
    PO BOX 4561
    MEDFORD,OR97501     		N/A PC TO PROVIDE ADMINISTRATIVE SUPPORT FOR THE ORGANIZATION. 4,800
    BOYS & GIRLS CLUBS OF THE ROGUE VALLEY
    203 SE 9TH STREET
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF AN AFTER-SCHOOL PROGRAM. 12,000
    BRAVA OPERA THEATRE
    2924 SISKIYOU BLVD 204
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF CLASSES AND PROGRAMS. 5,000
    BRITT FESTIVALS
    PO BOX 1124
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF THE 2019 BRITT FESTIVAL ORCHESTRA. 25,000
    BUTTE FALLS CHARTER SCHOOL
    PO BOX 167
    BUTTE FALLS,OR97522     		N/A GOV TOWARD THE RENOVATION OF TWO CLASSROOMS, CONSTRUCTION OF AN OUTDOOR PAVILION AND PUBLIC BATHROOMS. 10,000
    BUTTE FALLS COMMUNITY SCHOOL PARTNERSHIP
    PO BOX 358
    BUTTE FALLS,OR97522     		N/A PC IN SUPPORT OF STAFF WAGES FOR THE LEARNING TREE PRESCHOOL PROGRAM. 5,000
    BUTTE FALLS HIGH SCHOOL
    PO BOX 167
    BUTTE FALLS,OR97522     		N/A PC STUDENT COLLEGE SCHOLARSHIPS. 1,000
    CARE FOUNDATION
    4616 25TH AVENUE NE 477
    SEATTLE,WA98105     		N/A PC A GRANT MADE IN MEMORY OF HELEN B CARPENTER. 3,000
    CASA OF JACKSON & JOSEPHINE COUNTIES
    409 NORTH FRONT STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF PROVIDING DIVERSITY, EQUITY AND INCLUSION TRAINING FOR STAFF AND VOLUNTEERS. 15,000
    CENTRAL MEDFORD HIGH SCHOOL
    815 SOUTH OAKDALE
    MEDFORD,OR97501     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 3,000
    CLASSROOM LAW PROJECT
    620 SW MAIN ST STE 102
    PORTLAND,OR97205     		N/A PC IN SUPPPORT OF THE PROJECT CITIZEN AND 2019 SUMMER INSTITUTE FOR LOCAL STUDENTS AND TEACHERS. 8,000
    COLLEGE DREAMS INC
    PO BOX 1407
    GRANTS PASS,OR97528     		N/A PC TO PROVIDE IN-HOUSE COMPETITIVE COLLEGE SCHOLARSHIPS TO STUDENTS IN JACKSON AND JOSEPHINE COUNTIES. 10,000
    CONSUMER CREDIT COUNSELING SERVICE OF SOUTHERN OREGON
    820 CRATER LAKE AVENUE 202
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF EXPANDING FINANCIAL EDUCATION AND COUNSELING SERVICES. 5,000
    CRATER HIGH SCHOOL
    300 ASH STREET
    CENTRAL POINT,OR97502     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 16,500
    CROSSING BRIDGES THERAPEUTIC RIDING CENTER
    PO BOX 2276
    GRANTS PASS,OR97528     		N/A PC TO PROVIDE SCHOLARSHIPS FOR RIDERS TO PARTICIPATE IN THERAPEUTIC RIDING CLASSES. 4,000
    DISABILITIES RECREATION PROJECT
    PO BOX 5141
    CENTRAL POINT,OR97502     		N/A PC GENERAL OPERATING SUPPORT. 2,680
    EAGLE POINT HIGH SCHOOL
    PO BOX 198
    EAGLE POINT,OR97524     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 13,500
    FRIENDS OF JOSEPHINE COUNTY FOOD BANK
    PO BOX 250
    GRANTS PASS,OR97526     		N/A PC TOWARD THE PURCHASE OF A FORKLIFT. 10,000
    GRANTS PASS HIGH SCHOOL
    830 NE 9TH STREET
    GRANTS PASS,OR97526     		N/A GOV IN SUPPORT OF BUILDING AN OUTDOOR BASKETBALL COURT. 2,500
    GRANTS PASS MUSEUM OF ART
    PO BOX 966
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF BRINGING LOCAL FIFTH GRADE STUDENTS TO THE MUSEUM FOR A FIELD TRIP. 5,000
    GRANTS PASSJOSEPHINE COUNTY CHAMBER FOUNDATION
    PO BOX 970
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF AN EXCHANGE PROGRAM BETWEEN RURAL SOUTHERN OREGON YOUTH AND YOUTH FROM THE PORTLAND METRO AREA. 3,500
    HANBY MIDDLE SCHOOL
    806 6TH AVE
    GOLD HILL,OR97525     		N/A GOV TOWARD THE CONSTRUCTION OF A NATURAL PLAYGROUND AREA. 1,500
    HEART & HOPE MUSIC
    321 S CLAY STREET 45
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROGRAM EXPANSION. 5,000
    HIV ALLIANCE
    1195A CITY VIEW STREET
    EUGENE,OR97402     		N/A PC IN SUPPORT OF PROVIDING HIV ACTIVITIES IN JOSEPHINE COUNTY. 5,000
    HOPE EQUESTRIAN CENTER
    PO BOX 396
    EAGLE POINT,OR97524     		N/A PC TO PROVIDE SCHOLARSHIPS FOR RIDERS TO PARTICIPATE IN A THERAPEUTIC RIDING PROGRAM. 8,000
    ILLINOIS VALLEY COMMUNITY DEVELOPMENT
    PO BOX 1824
    CAVE JUNCTION,OR97523     		N/A PC TOWARD A PROJECT TO PROVIDE SUPPORT SERVICES TO LOW-INCOME FAMILIES. 8,000
    JACKSON COUNTY COMMUNITY SERVICES CONSORTIUM
    PO BOX 1087
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF STAFFING COSTS FOR THE CONTINUUM OF CARE HOMELESS PROJECT. 15,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVENUE
    MEDFORD,OR97501     		N/A GOV A GRANT MADE IN MEMORY OF ASV CARPENTER TOWARD THE PURCHASE OF BOOKS. 3,000
    JACKSON COUNTY SEXUAL ASSAULT RESPONSE TEAM
    2305 ASHLAND ST C-418
    ASHLAND,OR97520     		N/A GOV IN SUPPORT OF A SEXUAL ASSAULT PREVENTION PROGRAM IN LOCAL SCHOOLS. 10,000
    JACKSONVILLE ELEMENTARY SCHOOL
    655 HUENERS LANE
    JACKSONVILLE,OR97530     		N/A PC TOWARD THE INSTALLATION OF A NEW PLAY STRUCTURE FOR STUDENTS WITH SPECIAL NEEDS. 2,000
    JOSEPHINE COUNTY
    PO BOX 672
    GRANTS PASS,OR97526     		N/A PC TOWARD COSTS ASSOCIATED WITH RENOVATING THE KITCHEN AT THE FAIRGROUNDS. 5,000
    JPR FOUNDATION
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		N/A PC TOWARD COSTS ASSOCIATED WITH RENOVATIONS AT THE HOLLY THEATRE. 5,000
    KIDS UNLIMITED
    821 N RIVERSIDE
    MEDFORD,OR97501     		N/A PC TOWARD THE CREATION OF A PERMANENT DANCE STUDIO AT KIDS UNLIMITED. 17,500
    KLAMATH BIRD OBSERVATORY
    PO BOX 758
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF ECOLOGICAL RESTORATION ANALYSIS. 4,000
    MAGDALENE HOME
    12 BLACK OAK DRIVE
    MEDFORD,OR97504     		N/A PC TOWARD STAFF WAGES. 3,000
    MASLOW PROJECT
    500 MONROE STREET
    MEDFORD,OR97501     		N/A PC FOR COSTS RELATED TO PROVIDING CASE MANAGEMENT SERVICES TO HOMELESS YOUTH AND THEIR FAMILIES 10,000
    MAX'S MISSION
    PO BOX 1145
    JACKSONVILLE,OR97530     		N/A PC IN SUPPORT OF A PROGRAM TO PROVIDE NALOXONE TRAINING, EDUCATION AND DISTRIBUTION. 3,000
    MEDFORD PARKS & RECREATION
    PO BOX 124
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF REBUILDING THE PLAYGROUND AT BEAR CREEK PARK IN MEDFORD. 5,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVENUE
    PORTLAND,OR97214     		N/A PC IN SUPPORT OF A THEATRE RESIDENCY PROGRAM. 3,000
    MT ASHLAND ASSOCIATION
    PO BOX 220
    ASHLAND,OR97520     		N/A PC TOWARD PAINTING THE SKI LODGE AND OTHER CAPITAL IMPROVEMENTS. 5,000
    NONPROFIT ASSOCIATION OF OREGON
    5100 SW MACADAM AVE STE 36
    PORTLAND,OR97239     		N/A PC IN SUPPORT OF A SERIES OF TRAININGS FOR LOCAL NONPROFIT STAFF AND VOLUNTEERS. 8,000
    NORTH MEDFORD HIGH SCHOOL
    1900 N KEENE WAY DRIVE
    MEDFORD,OR97504     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 19,500
    OPTIONS FOR SOUTHERN OREGON INC
    1215 SW G STREET
    GRANTS PASS,OR97526     		N/A PC TOWARD THE CONSTRUCTION OF A NEW MENTAL HEALTH FACILITY. 20,000
    OREGON ALLIANCE OF INDEPENDENT COLLEGES & UNIVERSITIES
    15573 BANGY ROAD SUITE 320
    LAKE OSWEGO,OR97035     		N/A PC TO PROVIDE SCHOLARSHIPS TO STUDENTS FROM JACKSON & JOSEPHINE COUNTIES. 7,200
    OREGON COAST YOUTH SYMPHONY FESTIVAL ASSOCIATION
    PO BOX 2405
    NEWPORT,OR97365     		N/A PC IN SUPPORT OF THE GRANTS PASS HIGH SCHOOL ORCHESTRA TO PARTICIPATE IN THE MUSICAL FESTIVAL. 3,500
    OREGON NONPROFIT LEADERS CONFERENCE UNITED WAY
    1457 E MCANDREWS ROAD
    MEDFORD,OR97504     		N/A PC SPONSORSHIP FOR SPRING 2019 CONFERENCE. 1,500
    OREGON SHAKESPEARE FESTIVAL
    PO BOX 158
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF FREE AND DISCOUNTED TICKETS TO STUDENTS, SENIORS AND LOW-INCOME INDIVIDUALS. 25,000
    PACIFICA A GARDEN IN THE SISKIYOUS
    PO BOX 1
    WILLIAMS,OR97544     		N/A PC TOWARD THE PURCHASE AND INSTALLATION OF FIRE DOORS FOR THE CEDAR CENTER BUILDING. 10,000
    PEACE HOUSE
    PO BOX 524
    ASHLAND,OR97520     		N/A PC FOR COSTS ASSOCIATED WITH PROVIDING A FREE WEEKLY MEAL TO HOMELESS AND LOW-INCOME PERSONS. 5,000
    PHOENIX COUNSELING CENTER
    PO BOX 1257
    PHOENIX,OR97535     		N/A PC IN SUPPORT OF COSTS ASSOCIATED WITH TECHNOLOGY UPGRADES. 7,000
    PHOENIX HIGH SCHOOL
    PO BOX 697
    PHOENIX,OR97535     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 9,000
    PHOENIX-TALENT SCHOOL DISTRICT
    PO BOX 698
    PHOENIX,OR97535     		N/A GOV IN SUPPORT OF A RESIDENTIAL PROGRAM AT SOUTHERN OREGON UNIVERSITY FOR LATINO YOUTH. 15,300
    PROSPECT HIGH SCHOOL
    PO BOX 40
    PROSPECT,OR97536     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 1,000
    REACHING OUR COMMUNITY
    564 SW FOUNDRY STREET
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF FUNDING STAFF POSITIONS AT THE FOOD PANTRY. 10,000
    ROGUE COMMUNITY COLLEGE FOUNDATION
    3345 REDWOOD HWY
    GRANTS PASS,OR97527     		N/A PC FOR JACKSON & JOSEPHINE COUNTY SCHOLARSHIPS. 25,000
    ROGUE FARM CORPS
    PO BOX 533
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROVIDING TRAININGS ON LAND ACCESS AND SUCCESSION PLANNING TO LOCAL FARMERS. 5,000
    ROGUE GALLERY & ART CENTER
    40 S BARTLETT STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF THE 2019 VISUAL ART EXHIBITION SERIES. 7,500
    ROGUE RETREAT
    1410 W 8TH STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF PROVIDING CASE MANAGEMENT SERVICES. 10,000
    ROGUE RIVER HIGH SCHOOL
    PO BOX 1045
    ROGUE RIVER,OR97537     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 3,500
    ROGUE VALLEY PEACE CHOIR
    PO BOX 825
    ASHLAND,OR97520     		N/A PC SALARY SUPPORT FOR THE CHOIR DIRECTOR AND ACCOMPANYIST. 3,000
    ROGUE VALLEY SYMPHONY
    1875 HWY 99 N STE 7
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE LINK UP AND CLASSICAL COACHES PROGRAMS IN LOCAL SCHOOLS. 12,000
    ROOTS & WINGS CHILD DEVELOPMENT
    3703 INTERNATIONAL WAY
    MEDFORD,OR97504     		N/A PC TOWARD THE PURCHASE OF AN OUTDOOR SHELTER FOR THE PRESCHOOL CHILDREN. 3,000
    SET FREE SERVICES
    1032 W MAIN STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF GENERAL OPERATIONS. 10,000
    SISKIYOU MOUNTAIN CLUB
    PO BOX 3566
    ASHLAND,OR97502     		N/A PC TOWARD THE PRODUCTION OF UPDATED, MORE ACCURATE US GEOLOGIC SURVEY TOPOGRAPHIC MAPS TO SELL. 5,000
    SISKIYOU VIOLINS
    PO BOX 4546
    MEDFORD,OR97501     		N/A PC TO PROVIDE SCHOLARSHIPS FOR PLAYERS TO COVER TUITION AND PRIVATE LESSONS. 3,000
    SMART (START MAKING A READER TODAY)
    101 SW MARKET STREET
    PORTLAND,OR97201     		N/A PC TO PROVIDE THE SMART READING PROGRAM AT 5 ELEMENTARY SCHOOLS. 6,000
    SOUTH MEDFORD HIGH SCHOOL
    1551 CUNNINGHAM LANE
    MEDFORD,OR97501     		N/A GOV STUDENT COLLEGE SCHOLARSHIPS. 20,500
    SOUTHERN OREGON ASPIRE
    1465-B NE 7TH STREET
    GRANTS PASS,OR97526     		N/A PC TOWARD THE PURCHASE OF MOBILE TECHNOLOGY EQUIPMENT. 8,000
    SOUTHERN OREGON FILM SOCIETY
    PO BOX 218
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF K-12 ARTS EDUCATION PROGRAMS 7,000
    SOUTHERN OREGON GUILD
    PO BOX 1596
    CAVE JUNCTION,OR97523     		N/A PC IN SUPPORT OF GENERAL OPERATIONS. 4,000
    SOUTHERN OREGON HISTORICAL SOCIETY
    106 N CENTRAL AVE
    MEDFORD,OR97501     		N/A PC TOWARD RESTORATION OF STRUCTURES AT HANLEY FARM. 6,000
    SOUTHERN OREGON REPERTORY SINGERS
    PO BOX 1091
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF AUDIENCE DEVELOPMENT ACTIVITIES. 7,500
    SOUTHERN OREGON UNIVERSITY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		N/A GOV IN SUPPORT OF FACULTY DEVELOPMENT OPPORTUNITIES WHICH IMPROVE TEACHING SKILLS. 25,000
    SPARTAN BOXING
    729 WELCH STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF GENERAL OPERATIONS. 6,000
    SPAY-NEUTER YOUR PET (SNYP)
    PO BOX 477
    MEDFORD,OR97501     		N/A PC TO PURCHASE TWO SURGICAL TABLES AND LIGHTS FOR SPAY/NEUTER SERVICES. 9,000
    ST VINCENT DE PAUL SOCIETY
    132 SE H STREET
    GRANTS PASS,OR97526     		N/A PC TOWARD BASIC NEEDS ASSISTANCE. 10,000
    ST VINCENT DE PAUL SOCIETY - MEDFORD
    PO BOX 1663
    MEDFORD,OR97501     		N/A PC TO ASSIST LOCAL FAMILIES IN JEOPARDY OF HAVING THEIR UTILITIES DISCONNECTED. 15,000
    THE ALS ASSOCIATION
    700 NE MULTNOMAH STREET STE 210
    PORTLAND,OR97232     		N/A PC TO PROVIDE MEDICAL SUPPORT TO LOCAL FAMILIES LIVING WITH ALS. 4,000
    THE DOME SCHOOL
    PO BOX 812
    CAVE JUNCTION,OR97523     		N/A PC TOWARD REPAIRS TO AN EXISTING HOT WATER HEATER. 7,000
    THE HEARTH
    400 MORTON STREET
    ASHLAND,OR97520     		N/A PC TO PROVIDE SCHOLARSHIP ASSISTANCE FOR THE CERTIFICATE IN COMMUNITY STORYTELLING PROGRAM. 4,000
    UNITED WAY OF JACKSON COUNTY
    60 HAWTHORNE STREET
    MEDFORD,OR97504     		N/A PC GENERAL OPERATING SUPPORT. 22,000
    WHITE OAK FARM & EDUCATION CENTER
    PO BOX 450
    WILLIAMS,OR97544     		N/A PC TO PROVIDE SCHOLARSHIP ASSISTANCE TO LOW-INCOME FAMILIES TO PARTICIPATE AT THE FARM. 3,000
    WILDLIFE IMAGES
    PO BOX 36
    MERLIN,OR97532     		N/A PC TOWARD CONSTRUCTION OF NEW PAVILION TO BE USED FOR EDUCATIONAL PROGRAMS. 10,000
    WINTERSPRING CENTER
    PO BOX 8169
    MEDFORD,OR97504     		N/A PC TO HIRE ADDITIONAL STAFF TO EXPAND GRIEF SERVICES. 6,000
    WOODLAND CHARTER SCHOOLD
    PO BOX 740
    MURPHY,OR97533     		N/A PC TOWARD THE INSTALLATION OF NEW PLAYGROUND EQUIPMENT 3,000
    WOMEN'S CRISIS SUPPORT TEAM
    560-A NE F STREET 430
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF A VIOLENCE PREVENTION PROGRAM IN LOCAL SCHOOLS. 12,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    PO BOX 4291
    MEDFORD,OR97501     		N/A PC TOWARD COSTS ASSOCIATED WITH THE 2019-20 CONCERT SEASON. 8,000
    Total .................................bullet 3a 781,280
    bApproved for future payment
    ANIMA MUNDI PRODUCTIONS
    PO BOX 1323
    PHOENIX,OR97535     		N/A PC TOWARD THE CREATION OF A MUSICAL BASED ON INTERVIEWS WITH MEMBEROS OF THE SOUTHERN OREGON LATINO COMMUNITY. 3,000
    ASHLAND CULTURE OF PEACE COMMISSION
    33 1ST STREET STE 1
    ASHLAND,OR97520     		N/A PC TO PROVIDE VOLUNTEER RECRUITMENT, TRAINING AND APPRECIATION FOR THE WINTER SHELTERS. 5,000
    ASHLAND EMERGENCY FOOD BANK
    PO BOX 3578
    ASHLAND,OR97520     		N/A PC TO PROVIDE FRESH AND PERISHABLE FOODS TO THE FOOD BANK. 5,000
    ASHLAND NEW PLAYS FESTIVAL
    PO BOX 3314
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE 2019 FALL FESTIVAL . 4,000
    ASHLAND SUPPORTIVE HOUSING
    PO BOX 3536
    ASHLAND,OR97520     		N/A PC TOWARD THE ASHWOOD INN SCHOLARSHIP FUND. 5,000
    BALLET FOLKLORICO RITMO ALEGRE
    PO BOX 8225
    MEDFORD,OR97501     		N/A PC TO PROVIDE TRAINING FOR INSTRUCTORS AND PERFORMERS. 5,000
    BARNSTORMERS THEATRE INC
    112 NE EVELYN AVENUE
    GRANTS PASS,OR97526     		N/A PC TOWARD UPGRADES IN THE THEATRE BUILDING. 5,000
    CARE FOUNDATION
    4616 25TH AVENUE NE 477
    SEATTLE,WA98105     		N/A PC A GRANT MADE IN MEMORY OF HELEN B CARPENTER. 3,000
    CITY OF ASHLAND
    20 E MAIN STREET
    ASHLAND,OR97520     		N/A GOV TOWARD THE CONSTRUCTION OF A NATURE PLAY AREA AT NORTH MOUNTAIN PARK IN ASHLAND. 5,000
    COLLABORATIVE THEATRE PROJECT INC
    555 MEDFORD CENTER
    MEDFORD,OR97504     		N/A PC IN SUPPORT OF PERFORMANCES, PLAYREADINGS AND WORKSHOPS. 3,000
    COMPASSION HIGHWAY PROJECT
    PO BOX 1653
    MEDFORD,OR97501     		N/A PC TO PROVIDE FOOD AND PERSONAL ITEMS TO HOMELESS PERSONS IN MEDFORD. 2,000
    HEALTHY U
    PO BOX 1491
    CAVE JUNCTION,OR97523     		N/A PC IN SUPPORT OF A SIX WEEK SUMMER PROGRAM PROVIDING MENTORING AND TUTORING. 5,000
    HEART & HOPE MUSIC
    321 S CLAY STREET 45
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF PROGRAM EXPANSION. 5,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVENUE
    MEDFORD,OR97501     		N/A PC A GRANT MADE IN MEMORY OF ASV CARPENTER TOWARD THE PURCHASE OF BOOKS. 3,000
    JACKSON COUNTY SEXUAL ASSAULT RESPONSE TEAM
    2305 ASHLAND ST C-418
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF A SEXUAL ASSAULT PREVENTION PROGRAM IN LOCAL SCHOOLS. 12,000
    MAGDALENE HOME
    12 BLACK OAK DRIVE
    MEDFORD,OR97504     		N/A PC TOWARD STAFF WAGES. 2,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVENUE
    PORTLAND,OR97214     		N/A PC IN SUPPORT OF A THEATRE RESIDENCY PROGRAM. 3,000
    OREGON ALLIANCE OF INDEPENDENT COLLEGES & UNIVERSITIES
    15573 BANGY ROAD SUITE 320
    LAKE OSWEGO,OR97035     		N/A PC TO PROVIDE SCHOLARSHIPS TO STUDENTS FROM JACKSON & JOSEPHINE COUNTIES. 7,150
    OREGON LIONS SIGHT & HEARING FOUNDATION
    1010 NW 22ND AVE N144
    PORTLAND,OR97210     		N/A PC TOWARD THE SCHOOL VISION SCREENING PROGRAM. 5,000
    OREGON MUSEUM OF SCIENCE & INDUSTRY
    1945 SE WATER AVENUE
    PORTLAND,OR97214     		N/A PC IN SUPPORT OF SCIENCE EDUCATION SCHOOL PROGRAMS. 3,000
    PACIFICA A GARDEN IN THE SISKIYOUS
    PO BOX 1
    WILLIAMS,OR97544     		N/A PC TOWARD THE PURCHASE AND INSTALLATION OF FIRE DOORS FOR THE CEDAR CENTER BUILDING. 5,000
    REACHING OUR COMMUNITY
    564 SW FOUNDRY STREET
    GRANTS PASS,OR97526     		N/A PC IN SUPPORT OF FUNDING STAFF POSITIONS AT THE FOOD PANTRY. 10,000
    ROGUE RETREAT
    1410 W 8TH STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF PROVIDING CASE MANAGEMENT SERVICES. 10,000
    ROGUE ROWING
    175 EMIGRANT LAKE ROAD
    ASHLAND,OR97520     		N/A PC TOWARD COSTS TO DEVELOP AN ADAPTIVE ROWING PROGRAM. 1,500
    ROGUE VALLEY FARM TO SCHOOL
    PO BOX 898
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF A PROGRAM WITH LOCAL SCHOOLS INVOLVING GARDENING, TASTING TABLES, AND FARM FIELD TRIPS. 6,000
    ROGUE VALLEY SYMPHONY
    1875 HWY 99 N STE 7
    ASHLAND,OR97520     		N/A PC IN SUPPORT OF THE LINK UP AND CLASSICAL COACHES PROGRAMS IN LOCAL SCHOOLS. 12,000
    RUSK RANCH NATURE CENTER
    PO BOX 872
    CAVE JUNCTION,OR97523     		N/A PC TOWARD RENOVATIONS OF THE FACILITY . 2,000
    SCIENCE WORKS HANDS-ON MUSEUM
    1500 E MAIN STREET
    ASHLAND,OR97520     		N/A PC TO PROVIDE FIELD TRIPS TO THE MUSEUM FOR TITLE 1 STUDENTS. 15,000
    SET FREE SERVICES
    1032 W MAIN STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF GENERAL OPERATIONS. 12,000
    SMART (START MAKING A READER TODAY)
    101 SW MARKET STREET
    PORTLAND,OR97201     		N/A PC TO PROVIDE THE SMART READING PROGRAM AT 5 ELEMENTARY SCHOOLS. 6,000
    SPARTAN BOXING
    729 WELCH STREET
    MEDFORD,OR97501     		N/A PC IN SUPPORT OF GENERAL OPERATIONS. 8,000
    THE DOME SCHOOL
    PO BOX 812
    CAVE JUNCTION,OR97523     		N/A PC TOWARD REPAIRS TO AN EXISTING HOT WATER HEATER. 4,000
    WHITE OAK FARM & EDUCATION CENTER
    PO BOX 450
    WILLIAMS,OR97544     		N/A PC TO PROVIDE SCHOLARSHIP ASSISTANCE TO LOW-INCOME FAMILIES TO PARTICIPATE AT THE FARM. 3,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    PO BOX 4291
    MEDFORD,OR97501     		N/A PC TOWARD COSTS ASSOCIATED WITH THE 2019-20 CONCERT SEASON. 8,000
    Total .................................bullet 3b 192,650
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 7  
    4 Dividends and interest from securities....     14 694,254  
    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 ............     		    18 369,556  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aUBI FROM PARTNERSHIPS     		900099 -475      
    bNET NON-UBI FROM PARTNERSHIP INVESTMENTS     14 -59,463  
    cMISCELLANEOUS DIVIDENDS     14 78  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -475 1,004,432 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,003,957
    (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:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 12,395 6,198   6,197

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

    TY 2018 DepreciationSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    TELEPHONE SYSTEM 2000-09-01 2,655 2,655 SL 10.000000000000 0 0    
    CABINETS 1997-11-19 292 292 SL 5.000000000000 0 0    
    2 FILE CABINETS 2000-12-01 300 300 SL 10.000000000000 0 0    
    POSTAGE SCALE 2001-03-01 63 63 SL 5.000000000000 0 0    
    GRANTWRITING SOFTWARE 2001-04-01 5,830 5,830 SL 5.000000000000 0 0    
    CONFERENCE TABLE 2013-09-30 3,514 2,385 SL 7.000000000000 502 0    
    COPIER - KONICA 2017-04-06 5,225 1,306 SL 5.000000000000 1,045 0    
    CONFERENCE TABLE 2018-12-18 2,130   SL 7.000000000000 152 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Name of Stock End of Year Book Value End of Year Fair Market Value
    96,293 SHARES WESTWOOD INCOME OPPORTUNITY FUND 1,333,004 1,488,686
    158,665 SHARES JOHN HANCOCK GLOBAL ABSOLUTE RETURN FUND 1,595,898 1,683,431
    181,049 SHARES PIMCO ALL ASSET ALL AUTHORITY 1,728,358 1,828,789
    176,595 SHARES PIMCO TOTAL RETURN FUND 1,880,741 1,502,708
    28,595 SHARES PRIMECAP ODYSSEY GROWTH FUND 723,552 1,124,623
    4,298 SHARES VANGUARD 500 INDEX FUND ADMIRAL SHARES 515,115 1,166,344
    52,675 SHARES DODGE & COX INTERNATIONAL STOCK FUND 2,216,040 2,194,457
    50,943 SHARES VANGUARD EMERGING MARKETS SELECT STOCK FUND 870,688 1,118,712
    5,955 SHARES DODGE & COX STOCK FUND 794,063 1,114,242
    62,515 SHARES CRM SMALL/MID CAP VALUE FUND 822,257 731,423
    77,852 SHARES VANGUARD TOTAL INTERNATIONAL STOCK INDEX ADMIRAL 2,001,037 2,204,779
    8,327 SHARES VANGUARD EXTENDED MARKET INDEX 400,752 749,243

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTHGATE IV AT COST 268,243 232,189
    NORTHGATE PRIVATE EQUITIES AT COST 27,351 19,880
    NORTHGATE PRIVATE EQUITIES II AT COST 87,756 51,443
    NORTHGATE PRIVATE EQUITIES III AT COST 120,067 116,552
    NORTHGATE V AT COST 413,162 559,651
    NORTHGATE VENTURE II AT COST 211,398 209,892
    NORTHGATE VENTURE III AT COST 328,237 465,096
    NORTHGATE VENTURE VII AT COST 407,480 603,647

    TY 2018 LandEtcSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 19,607 14,530 5,077 5,479


    TY 2018 LegalFeesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 6,477 3,239   3,238


    TY 2018 OtherAssetsSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT 3,715 3,780 3,780


    TY 2018 OtherExpensesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 2,361 1,181   1,180
    OFFICE EXPENSES 5,314 2,657   2,657
    INSURANCE 4,588 918   3,670
    DUES AND SUBSCRIPTIONS 1,792 896   896
    ANNUAL REPORT 2,990 1,495   1,495
    MISCELLANEOUS 3,903 1,951   1,951


    TY 2018 OtherIncomeSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UBI FROM PARTNERSHIPS -475   -475
    NET NON-UBI FROM PARTNERSHIP INVESTMENTS -59,463 -59,463 -59,463
    MISCELLANEOUS DIVIDENDS 78   78


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED EXPENSES 3,946 4,193
    DEFERRED EXCISE TAXES 23,200 24,200
    EXCISE TAX PAYABLE 868 194


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 19,379 19,379   0


    TY 2018 TaxesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OREGON CT-12 2,130 0   1,977
    DEFERRED TAX EXPENSE 1,000 0   0
    PROVISION FOR EXCISE TAXES 8,501 0   0
    FOREGIN TAXES 15,476 15,476   0