Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
THE JAKE ARONOV CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3500 EASTERN BOULEVARD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL36116
A Employer identification number

63-1215344
B Telephone number (see instructions)

(334) 277-1000
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$8,197,407J 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) 2,802,030
2 Check bullet.............
3 Interest on savings and temporary cash investments 24,725 24,725  
4 Dividends and interest from securities... 99,481 99,481  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,892,453
b Gross sales price for all assets on line 6a 5,127,823
7 Capital gain net income (from Part IV, line 2)... 1,892,453
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 706 706  
12 Total. Add lines 1 through 11........ 4,819,395 2,017,365  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,855 4,855   0
c Other professional fees (attach schedule).... Click to see attachment 22,892 22,892   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 70,799 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 196 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 98,742 27,747   0
25 Contributions, gifts, grants paid....... 936,064 936,064
26 Total expenses and disbursements. Add lines 24 and 25 1,034,806 27,747   936,064
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,784,589
b Net investment income (if negative, enter -0-) 1,989,618
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 2,733,818 36,410 36,410
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,473,144 Click to see attachment7,955,141 8,160,997
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,206,962 7,991,551 8,197,407
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 3 3
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 3 3
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 4,206,959 7,991,548
30 Total net assets or fund balances (see instructions)..... 4,206,959 7,991,548
31 Total liabilities and net assets/fund balances (see instructions). 4,206,962 7,991,551
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
4,206,959
2
Enter amount from Part I, line 27a .....................
2
3,784,589
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
7,991,548
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
7,991,548
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 4 SHS BERKSHIRE HATHAWAY D 1995-04-13 2019-04-04
b 175 SHS ALPHABET INC P 2015-12-01 2019-06-06
c 35 SHS AMAZON COM P 2017-01-23 2019-06-06
d 55 SHS AMAZON COM P 2017-04-05 2019-06-06
e 50 SHS AMAZON COM P 2017-05-09 2019-06-06
40 SHS AMAZON COM P 2018-02-23 2019-06-06
700 SHS APPLE INC. P 2013-05-07 2019-06-06
4 SHS APPLE INC P 2016-05-13 2019-06-06
3 SHS APPLE INC P 2016-08-12 2019-06-06
1 SHS APPLE INC P 2016-08-12 2019-06-06
3 SHS APPLE INC P 2016-11-11 2019-06-06
3 SHS APPLE INC P 2017-02-17 2019-06-06
2 SHS APPLE INC P 2017-05-19 2019-06-06
1 SHS APPLE INC P 2017-05-19 2019-06-06
2 SHS APPLE INC P 2017-08-18 2019-06-06
1 SHS APPLE INC P 2017-08-18 2019-06-06
2 SHS APPLE INC P 2017-11-17 2019-06-06
1 SHS APPLE INC P 2017-11-17 2019-06-06
2 SHS APPLE INC P 2018-02-16 2019-06-06
2 SHS APPLE INC P 2018-05-18 2019-06-06
1 SHS APPLE INC P 2018-05-18 2019-06-06
500 SHS CITIGROUP INC P 2015-12-29 2019-06-06
1000 SHS CITIGROUP INC P 2016-07-11 2019-06-06
750 SHS CITIGROUP INC P 2016-07-13 2019-06-06
500 SHS CITIGROUP INC P 2016-07-27 2019-06-06
9 SHS CITIGROUP INC P 2016-08-29 2019-06-06
1,750 SHS CITIGROUP INC P 2016-11-17 2019-06-06
7 SHS CITIGROUP INC P 2016-11-25 2019-06-06
1 SHS CITIGROUP INC P 2016-11-25 2019-06-06
12 SHS CITIGROUP INC P 2017-02-27 2019-06-06
11 SHS CITIGROUP INC P 2017-05-30 2019-06-06
1 SHS CITIGROUP INC P 2017-05-30 2019-06-06
21 SHS CITIGROUP INC P 2017-08-28 2019-06-06
20 SHS CITIGROUP INC P 2017-11-24 2019-06-06
1 SHS CITIGROUP INC P 2017-11-24 2019-06-06
18 SHS CITIGROUP INC P 2018-02-26 2019-06-06
1 SHS CITIGROUP INC P 2018-02-26 2019-06-06
21 SHS CITIGROUP INC P 2018-05-29 2019-06-06
1,200 SHS CONOCOPHILLIPS P 2015-10-15 2019-06-06
800 SHS CONOCOPHILLIPS P 2016-01-22 2019-06-06
400 SHS CONOCOPHILLIPS P 2016-01-29 2019-06-06
13 SHS CONOCOPHILLIPS P 2016-06-02 2019-06-06
14 SHS CONOCOPHILLIPS P 2016-09-02 2019-06-06
1 SHS CONOCOPHILLIPS P 2016-09-02 2019-06-06
12 SHS CONOCOPHILLIPS P 2016-12-02 2019-06-06
13 SHS CONOCOPHILLIPS P 2017-03-02 2019-06-06
1 SHS CONOCOPHILLIPS P 2017-03-02 2019-06-06
14 SHS CONOCOPHILLIPS P 2017-06-02 2019-06-06
14 SHS CONOCOPHILLIPS P 2017-09-05 2019-06-06
1 SHS CONOCOPHILLIPS P 2017-09-05 2019-06-06
12 SHS CONOCOPHILLIPS P 2017-12-04 2019-06-06
1 SHS CONOCOPHILLIPS P 2017-12-04 2019-06-06
13 SHS CONOCOPHILLIPS P 2018-03-02 2019-06-06
10 SHS CONOCOPHILLIPS P 2018-06-04 2019-06-06
5,000 SHS ENTERPRISE PROD PARTNERS LP P 2017-12-13 2019-06-06
2,150 SHS FACEBOOK INC P 2013-01-07 2019-06-06
750 SHS FACEBOOK INC P 2013-01-09 2019-06-06
1,500 SHS FACEBOOK INC P 2013-08-26 2019-06-06
500 SHS NETFLIX INC P 2017-04-05 2019-06-06
325 SHS NETFLIX INC P 2017-05-09 2019-06-06
4,000 SHS REGIONS FINANCIAL CORP P 2017-09-12 2019-06-06
41 SHS REGIONS FINANCIAL CORP P 1991-12-21 2019-06-06
1,000 SHS SCHLUMBERGER LTD P 1995-11-13 2019-06-06
103 SHS SCHLUMBERGR LTD P 1995-12-01 2019-06-06
13,413 SHS VULCAN VALUE PARTNERS P 2013-03-04 2019-06-07
240 SHS VULCAN CALUE PARTNERS P 2013-12-02 2019-06-07
97 SHS VULCAN VALUE PARTNERS P 2013-12-02 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2013-12-02 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2013-12-02 2019-06-07
81 SHS VULCAN VALUE PARTNERS P 2013-12-23 2019-06-07
5,050 SHS VULCAN VALUE PARTNERS P 2014-07-23 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2014-07-23 2019-06-07
522 SHS VULCAN VALUE PARTNERS P 2014-12-02 2019-06-07
487 SHS VULCAN VALUE PARTNERS P 2014-12-02 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2014-12-02 2019-06-07
137 SHS VULCAN VALUE PARTNERS P 2014-12-23 2019-06-07
37 SHS VULCAN VALUE PARTNERS P 2014-12-31 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2014-12-31 2019-06-07
1,102 SHS VULCAN VALUE PARTNERS P 2015-12-02 2019-06-07
484 SHS VULCAN VALUE PARTNERS P 2015-12-02 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2015-12-02 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2015-12-02 2019-06-07
170 SHS VULCAN VALUE PARTNERS P 2015-12-22 2019-06-07
280 SHS VULCAN VALUE PARTNERS P 2016-12-21 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2016-12-21 2019-06-07
247 SHS VULCAN VALUE PARTNERS P 2017-12-06 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2017-12-06 2019-06-07
129 SHS VULCAN VALUE PARTNERS P 2017-12-21 2019-06-07
50 SHS ALPHABET INC P 2018-11-27 2019-06-06
45 SHS AMAZON COM INC P 2018-11-19 2019-06-06
2 SHS APPLE INC P 2018-08-17 2019-06-06
1 SHS APPLE INC P 2018-08-17 2019-06-06
2 SHS APPLE INC P 2018-11-16 2019-06-06
1 SHS APPLE INC P 2018-11-16 2019-06-06
266 SHS APPLE INC P 2018-11-19 2019-06-06
4 SHS APPLE INC P 2019-02-15 2019-06-06
4 SHS APPLE INC P 2019-05-17 2019-06-06
29 SHS CITIGROUP INC P 2018-08-27 2019-06-06
1 SHS CITIGROUP INC P 2018-08-27 2019-06-06
33 SHS CITIGROUP INC P 2018-11-23 2019-06-06
32 SHS CITIGROUP INC P 2019-02-25 2019-06-06
1 SHS CITIGROUP INC P 2019-02-25 2019-06-06
33 SHS CITIGROUP INC P 2019-05-28 2019-06-06
9 SHS CONOCOPHILLLIPS P 2018-09-05 2019-06-06
1 SHS CONOCOPHILLIPS P 2018-09-05 2019-06-06
11 SHS CONOCOPHILLIPS P 2018-12-04 2019-06-06
11 SHS CONOCOPHILLIPS P 2019-03-04 2019-06-06
1 SHS CONOCOPHILLIPS P 2019-03-04 2019-06-06
7,500 SHS GENERAL ELECTRIC CO P 2018-11-27 2019-06-06
6,600 SHS GENERAL ELECTRIC CO P 2018-12-19 2019-06-06
500 SHS JPMORGAN CHASE & CO P 2018-11-27 2019-06-06
500 SHS JPMORGAN CHASE & CO P 2019-02-21 2019-06-06
600 SHS MICROSOFT CORP P 2019-05-08 2019-06-06
175 SHS NETFLIX INC P 2018-11-27 2019-06-06
3,459 SHS REGIONS FINANCIAL CORP P 2019-02-21 2019-06-06
1,072 VULCAN VALUE PARTNERS P 2018-12-10 2019-06-07
719 SHS VULCAN VALUE PARTNERS P 2018-12-10 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2018-12-10 2019-06-07
124 SHS VULCAN VALUE PARTNERS P 2018-12-21 2019-06-07
1 SHS VULCAN VALUE PARTNERS P 2018-12-21 2019-06-07
22,651.951 SHS MSIF ULTRA-SHORT INCOME P 2019-06-10 2019-08-07
982.069 SHS MSIF ULTRA-SHORT INCOME P 2019-06-28 2019-08-07
1,216.878 SHS MSIF ULTRA-SHORT INCOME P 2019-07-31 2019-08-07
43 SHS AIR TRANSPORT SERVICES GROUP INCO P 2018-12-21 2019-02-14
2 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-12-21 2019-02-15
156 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-12-24 2019-02-15
59 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-12-26 2019-02-15
143 SHS TECH DATA CORPORATION P 2018-10-09 2019-02-28
42 SHS APPLE INC P 2019-01-17 2019-03-27
1,957 SHS AVAYA HOLDINGS CORP P 2018-08-16 2019-03-27
1,008 SHS OAKTREE CAP GROUP LLC P 2018-08-16 2019-03-27
385 SHS TECH DATA CORP P 2018-10-09 2019-03-27
63 SHS TECH DATA CORP P 2018-10-10 2019-03-27
210 SHS APPLE INC P 2019-01-17 2019-04-17
897 SHS CONDUENT INC P 2018-11-08 2019-05-21
1,644 SHS CONDUENT INC P 2018-11-08 2019-06-07
801 SHS CONDUENT INC P 2018-11-30 2019-06-07
433 SHS CONDUENT INC P 2019-02-28 2019-06-07
790 SHS WELLS FARGO COMPANY P 2018-08-16 2019-06-07
274 SHS WORLD FUEL SERVICES CORP P 2018-08-16 2019-07-16
288 SHS ALLERGAN PLC P 2018-08-16 2019-07-16
54 SHS EXPEDIA GROUP INC P 2018-08-16 2019-08-02
40 SHS LIBERTY BROADBAND CORP P 2018-08-16 2019-08-02
498 SHS WORLD FUEL SERVICES CORP P 2018-08-16 2019-08-02
13 SHS AXIS CAPITAL HOLDINGS LIMITED P 2018-08-16 2019-08-02
567 SHS NCR CORP P 2018-12-03 2019-08-06
180 SHS NCR CORP P 2018-12-04 2019-08-06
166 SHS CDK GLOBAL INC P 2018-10-26 2019-09-03
171 SHS WALGREENS BOOTS ALLIANCE INC P 2019-03-27 2019-09-03
222 SHS NCR CORP P 2018-12-04 2009-09-16
138 SHS WORLD FUEL SERVICES CORP P 2019-01-10 2019-10-17
462 SHS HARSCO CORP P 2019-08-06 2019-11-01
1,739 SHS GRAFTECH INTERNATIONAL LIMITED P 2019-08-05 2019-11-19
1,075 SHS GRAFTECH INTERNATIONAL LIMITED P 2019-08-06 2019-11-19
143 SHS GRAFTECH INTERNATIONAL LIMITED P 2019-08-07 2019-11-19
257 SHS BROOKFIELD ASSET MANAGEMENT INC P 2018-08-16 2019-09-03
651 SHS AXIS CAPITAL HOLDINGS LIMITED P 2018-08-16 2019-09-03
149 SHS AXIS CAPITAL HOLDINGS LIMITED P 2018-08-21 2019-09-03
158 SHS WORLD FUEL SERVICES CORP P 2018-08-16 2019-09-16
637 WORLD FULE SERVICES CORP P 2018-08-16 2019-10-17
137 BROOKFIELD ASSET MANAGEMENT INC P 2018-08-16 2019-11-01
304 SHS GCI LIBERTY INC P 2018-08-16 2019-11-01
73 SHS MCKESSON CORP P 2018-08-28 2019-11-01
1,402 SHS FGL HOLDINGS ORD P 2018-10-15 2019-11-01
195 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-12-21 2019-01-09
855 SHS KRAFT HEINZ COMPANY P 2018-08-16 2019-01-17
932 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-12-21 2019-02-13
413 SHS AIR TRANSPORT SERVICES GROUP INC P 2018-01-22 2019-02-14
106 SHS AVAYA HOLDINGS CORP P 2018-08-16 2018-12-20
961 SHS GENERAL MOTORS COMPANY P 2018-08-16 2018-12-26
205 SHS GENERAL MOTORS COMPANY P 2018-08-21 2018-12-26
1,023 SHS IRON MTN INC P 2018-08-16 2018-12-03
126 SHS KRAFT HEINZ COMPANY P 2018-08-16 2018-12-19
110 SHS STARBUCKS CORP P 2018-08-16 2018-12-19
278 SHS STARBUCKS CORP P 2018-08-21 2018-12-19
208 SHS STARBUCKS CORP P 2018-09-05 2018-12-19
(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 608,241   45,542 562,699
b 181,999   137,297 44,702
c 60,590   28,485 32,105
d 95,213   50,496 44,717
e 86,557   47,640 38,917
69,246   59,767 9,479
127,632   45,906 81,726
729   363 366
547   323 224
182   101 81
547   322 225
547   405 142
365   307 58
182   113 69
365   316 49
182   154 28
365   342 23
182   162 20
365   345 20
365   374 -9
182   172 10
32,861   26,555 6,306
65,722   42,545 23,177
49,291   32,405 16,886
32,861   22,238 10,623
591   426 165
115,013   97,588 17,425
460   397 63
66   49 17
789   715 74
723   679 44
66   58 8
1,380   1,430 -50
1,314   1,447 -133
66   66 0
1,183   1,390 -207
66   77 -11
1,380   1,409 -29
69,115   65,028 4,087
46,077   29,572 16,505
23,038   15,278 7,760
749   569 180
806   577 229
58   43 15
691   577 114
749   632 117
58   46 12
806   623 183
806   623 183
58   46 12
691   622 69
58   47 11
749   696 53
576   689 -113
140,777   123,631 17,146
362,487   63,492 298,995
126,449   22,410 104,039
252,898   62,095 190,803
177,420   72,567 104,853
115,323   50,733 64,590
55,616   54,907 709
570   426 144
34,643   13,592 21,051
3,568   1,400 2,168
270,805   199,988 70,817
4,846   4,229 617
1,958   1,709 249
20   18 2
20   15 5
1,635   1,440 195
101,958   99,990 1,968
20   18 2
10,539   10,200 339
9,832   9,516 316
20   20 0
2,766   2,704 62
747   730 17
20   20 0
22,249   18,899 3,350
9,772   8,301 1,471
20   19 1
20   17 3
3,432   2,730 702
5,653   5,076 577
20   17 3
4,987   5,002 -15
20   20 0
2,604   2,643 -39
52,000   52,819 -819
77,902   68,626 9,276
365   429 -64
182   192 -10
365   381 -16
182   198 -16
48,500   49,569 -1,069
729   686 43
729   748 -19
1,906   2,061 -155
66   67 -1
2,169   2,057 112
2,103   2,070 33
66   65 1
2,169   2,119 50
518   655 -137
58   60 -2
634   762 -128
634   766 -132
58   72 -14
73,120   55,799 17,321
64,346   51,875 12,471
54,605   54,734 -129
54,605   52,647 1,958
75,562   75,264 298
62,099   45,675 16,424
48,094   56,331 -8,237
21,643   19,693 1,950
14,516   13,208 1,308
20   20 0
2,504   2,119 385
20   18 2
226,967   226,973 -6
9,840   9,840 0
12,193   12,193 0
1,041   869 172
49   40 9
3,829   3,171 658
1,448   1,217 231
14,741   10,114 4,627
7,850   6,536 1,314
33,614   42,447 -8,833
49,545   41,429 8,116
37,407   27,231 10,176
6,121   4,474 1,647
42,361   32,680 9,681
8,188   12,041 -3,853
14,873   22,068 -7,195
7,247   10,241 -2,994
3,917   6,364 -2,447
36,035   46,347 -10,312
9,891   7,075 2,816
47,643   53,133 -5,490
6,997   7,080 -83
3,951   3,168 783
18,576   12,858 5,718
9,548   8,543 1,005
17,396   15,730 1,666
5,522   4,892 630
7,043   9,410 -2,367
8,608   10,554 -1,946
7,329   6,034 1,295
5,437   3,364 2,073
9,718   8,972 746
24,499   18,192 6,307
15,144   11,523 3,621
2,015   1,578 437
13,252   11,246 2,006
40,915   36,350 4,565
9,365   8,437 928
6,464   4,079 2,385
25,095   16,447 8,648
7,617   5,995 1,622
21,413   14,462 6,951
9,855   9,491 364
12,554   12,541 13
4,570   3,942 628
40,021   51,289 -11,268
22,716   18,843 3,873
9,997   8,350 1,647
1,599   2,299 -700
30,326   34,865 -4,539
6,469   7,565 -1,096
34,460   36,841 -2,381
5,865   7,558 -1,693
7,199   5,837 1,362
18,193   15,094 3,099
13,612   11,025 2,587
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       562,699
b       44,702
c       32,105
d       44,717
e       38,917
      9,479
      81,726
      366
      224
      81
      225
      142
      58
      69
      49
      28
      23
      20
      20
      -9
      10
      6,306
      23,177
      16,886
      10,623
      165
      17,425
      63
      17
      74
      44
      8
      -50
      -133
      0
      -207
      -11
      -29
      4,087
      16,505
      7,760
      180
      229
      15
      114
      117
      12
      183
      183
      12
      69
      11
      53
      -113
      17,146
      298,995
      104,039
      190,803
      104,853
      64,590
      709
      144
      21,051
      2,168
      70,817
      617
      249
      2
      5
      195
      1,968
      2
      339
      316
      0
      62
      17
      0
      3,350
      1,471
      1
      3
      702
      577
      3
      -15
      0
      -39
      -819
      9,276
      -64
      -10
      -16
      -16
      -1,069
      43
      -19
      -155
      -1
      112
      33
      1
      50
      -137
      -2
      -128
      -132
      -14
      17,321
      12,471
      -129
      1,958
      298
      16,424
      -8,237
      1,950
      1,308
      0
      385
      2
      -6
      0
      0
      172
      9
      658
      231
      4,627
      1,314
      -8,833
      8,116
      10,176
      1,647
      9,681
      -3,853
      -7,195
      -2,994
      -2,447
      -10,312
      2,816
      -5,490
      -83
      783
      5,718
      1,005
      1,666
      630
      -2,367
      -1,946
      1,295
      2,073
      746
      6,307
      3,621
      437
      2,006
      4,565
      928
      2,385
      8,648
      1,622
      6,951
      364
      13
      628
      -11,268
      3,873
      1,647
      -700
      -4,539
      -1,096
      -2,381
      -1,693
      1,362
      3,099
      2,587
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,892,453
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 300,000 3,312,734 0.090560
2016 279,626 8,749 31.960910
2015 863,720 78,903 10.946605
2014 57,230 175,208 0.326640
2013 275,714 225,204 1.224286
2
Total of line 1, column (d) .....................
2
44.549001
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
8.909800
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
896,251
5
Multiply line 4 by line 3......................
5
7,985,417
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
19,896
7
Add lines 5 and 6........................
7
8,005,313
8
Enter qualifying distributions from Part XII, line 4,.............
8
936,064
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 39,792
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 39,792
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 39,792
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 21,270
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 21,270
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 848
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 19,370
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL
    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 ofbulletJAKE ARONOV Telephone no.bullet (334) 277-1000

    Located atbullet3500 EASTERN BOULEVARDMONTGOMERYAL ZIP+4bullet36116
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JAKE F ARONOV CHAIRMAN OF BD. OF DIREC.
    0.00     		0 0 0
    3500 EASTERN BOULEVARD
    MONTGOMERY,AL36116
    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 CONTRIBUTED TO CHARITABLE ORGANIZATIONS AND MINISTRIES. SEE PART XV FOR DETAIL OF ORGANIZATIONS. 0
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    909,900
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    909,900
    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
    909,900
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    13,649
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    896,251
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    44,813
    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
    44,813
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    39,792
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,792
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,021
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,021
    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
    5,021
    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
    936,064
    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
    936,064
    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
    936,064
    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 5,021
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 264,456
    b From 2014...... 48,473
    c From 2015...... 870,764
    d From 2016...... 281,900
    e From 2017...... 185,804
    fTotal of lines 3a through e........ 1,651,397
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 936,064
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 5,021
    e Remaining amount distributed out of corpus 931,043
    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 2,582,440
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		264,456
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,317,984
    10 Analysis of line 9:
    a Excess from 2014.... 48,473
    b Excess from 2015.... 870,764
    c Excess from 2016.... 281,900
    d Excess from 2017.... 185,804
    e Excess from 2018.... 931,043
    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).)
    JAKE F ARONOV
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CONGREGATION NER HAMIZRACH
    1858 LA VISTA ROAD NE
    ATLANTA,GA30329     		NONE PUBLIC PHILANTHROPIC 12,600
    EMORY UNIVERSITY
    201 DOWMAN DRIVE
    ATLANTA,GA30322     		NONE PUBLIC EDUCATION 230,464
    JEWISH FUTURES FOUNDATION
    1979 E 9TH STREET
    NEW YORK,NY11223     		NONE PUBLIC PHILANTHROPIC 100,000
    THE JERUSALEM AISH HATORAH FUND
    ONE WESTERN WALL PLAZA POB 14149
    JERUSALEM    
    IS     		NONE PUBLIC PHILANTHROPIC 450,000
    ATLANTA SCHOLARS KOLLELL
    1959 LAVISTA ROAD
    ATLANTA,GA30329     		NONE PUBLIC PHILANTHROPIC 125,000
    ATLANTA JEWISH ACADEMY
    5200 NORTHLAND DRIVE
    ATLANTA,GA30342     		NONE PUBLIC PHILANTHROPIC 18,000
    Total .................................bullet 3a 936,064
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 24,725  
    4 Dividends and interest from securities....     14 99,481  
    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.....     14 706  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,892,453  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,017,365 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,017,365
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE JAKE ARONOV CHARITABLE FOUNDATION
     
    Employer identification number

    63-1215344
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE JAKE ARONOV CHARITABLE FOUNDATION
          		Employer identification number
    63-1215344
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JAKE F ARONOV
     
    3500 EASTERN BOULEVARD
     
    MONTGOMERY, AL36116

    		$ 45,542


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JAKE F ARONOV  
    3500 EASTERN BOULEVARD
     
    MONTGOMERY, AL36116

    		$ 587,600


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    JAKE F ARONOV
     
    3500 EASTERN BOULEVARD
     
    MONTGOMERY, AL36116

    		$ 2,168,888


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE JAKE ARONOV CHARITABLE FOUNDATION
          		Employer identification number

    63-1215344
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 BERKSHIRE HATHAWAY STOCK $ 612,485 2019-04-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 VARIOUS STOCK $ 3,476,947 2019-06-06
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE JAKE ARONOV CHARITABLE FOUNDATION
          		Employer identification number

    63-1215344
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES 4,855 4,855   0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SECURITIES 7,955,141 8,160,997

    TY 2018 OtherExpensesSchedule
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 196 0   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MLP DISTRIBUTIONS 706 706 706


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 22,892 22,892   0


    TY 2018 TaxesSchedule
    Name:
    THE JAKE ARONOV CHARITABLE FOUNDATION
    EIN:
    63-1215344
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAXES 70,799 0   0