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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
ROBERT D AND ALMA MORETON FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

38-7008245
B Telephone number (see instructions)

(800) 496-2583
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$16,731,578
J 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) 130,330
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 339,624 327,273  
5a Gross rents............ 1 1  
b Net rental income or (loss) 1
6a Net gain or (loss) from sale of assets not on line 10 33,016
b Gross sales price for all assets on line 6a 4,606,809
7 Capital gain net income (from Part IV, line 2)... 33,016
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 502,971 360,290  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 151,197 97,822   53,375
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 2,500 2,500   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 41,759 11,939   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 195,456 112,261 0 53,375
25 Contributions, gifts, grants paid....... 755,000 755,000
26 Total expenses and disbursements. Add lines 24 and 25 950,456 112,261 0 808,375
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -447,485
b Net investment income (if negative, enter -0-) 248,029
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 9,725 157,775 157,775
2 Savings and temporary cash investments......... 255,105 142,164 142,164
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 11,062,032 Click to see attachment10,029,747 11,515,554
c Investments—corporate bonds (attach schedule)....... 941,855 Click to see attachment1,655,887 1,703,235
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,504,964 Click to see attachment3,299,779 3,212,849
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1 Click to see attachment1 Click to see attachment1
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,773,682 15,285,353 16,731,578
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 15,773,682 15,285,353
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 15,773,682 15,285,353
30 Total liabilities and net assets/fund balances (see instructions). 15,773,682 15,285,353
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,773,682
2
Enter amount from Part I, line 27a .....................
2
-447,485
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,361
4
Add lines 1, 2, and 3 ..........................
4
15,328,558
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
43,205
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,285,353
Form 990-PF (2019)
Form 990-PF (2019)
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 1. GILEAD SCIENCES INC   2014-12-11 2019-01-23
b 1. GILEAD SCIENCES INC   2014-12-11 2019-01-23
c 14. GILEAD SCIENCES INC     2019-01-23
d 3. GILEAD SCIENCES INC   2015-01-08 2019-01-23
e 5. GILEAD SCIENCES INC     2019-01-23
6. MASTERCARD INC - CLASS A   2015-04-22 2019-01-23
17. WORLDPAY INC CL A   2018-10-08 2019-01-23
2. WORLDPAY INC CL A   2018-10-08 2019-01-23
21. GILEAD SCIENCES INC     2019-01-24
5. MASTERCARD INC - CLASS A   2015-04-22 2019-01-24
15. MASTERCARD INC - CLASS A     2019-01-24
29. WORLDPAY INC CL A   2018-10-08 2019-01-24
3. GILEAD SCIENCES INC   2016-02-10 2019-01-25
7. GILEAD SCIENCES INC     2019-01-25
2. GILEAD SCIENCES INC   2016-02-10 2019-01-25
19. MASTERCARD INC - CLASS A     2019-01-25
5. WORLDPAY INC CL A   2018-10-08 2019-01-25
32. WORLDPAY INC CL A   2017-09-22 2019-01-25
3. GILEAD SCIENCES INC   2016-02-10 2019-01-28
5. GILEAD SCIENCES INC   2016-02-10 2019-01-28
22. WORLDPAY INC CL A   2017-09-22 2019-01-28
5. GILEAD SCIENCES INC   2016-02-10 2019-01-29
1. GILEAD SCIENCES INC   2016-02-10 2019-01-29
1. GILEAD SCIENCES INC   2016-02-10 2019-01-29
4. WORLDPAY INC CL A   2017-09-22 2019-01-29
1. GILEAD SCIENCES INC   2016-02-10 2019-01-30
3. GILEAD SCIENCES INC   2016-02-10 2019-01-30
26. WORLDPAY INC CL A   2017-09-22 2019-01-30
1. GILEAD SCIENCES INC   2016-02-10 2019-01-31
1. GILEAD SCIENCES INC   2016-02-10 2019-01-31
6. GILEAD SCIENCES INC     2019-02-01
7555.532 PGIM GLOBAL REAL ESTATE-Q   2018-02-09 2019-02-01
22. ANALOG DEVICES INC   2018-09-13 2019-02-19
8. ANALOG DEVICES INC   2018-09-13 2019-02-19
28. ANALOG DEVICES INC   2018-09-13 2019-02-19
43. ANALOG DEVICES INC     2019-02-19
28. ANALOG DEVICES INC     2019-02-19
9. ANALOG DEVICES INC     2019-02-19
36. ANALOG DEVICES INC     2019-02-20
15. BIOGEN IDEC INC   2012-11-08 2019-03-14
12. BIOGEN IDEC INC   2018-10-08 2019-03-14
282. BRISTOL MYERS SQUIBB CO     2019-03-14
62. DISNEY WALT CO     2019-03-14
5866. ISHARES MSCI JAPAN ETF   2018-02-09 2019-04-04
38.725 DOW INC     2019-04-08
14.275 DOW INC   2018-04-09 2019-04-08
8. DOW INC     2019-04-08
3. DOW INC     2019-04-08
68. DOW INC     2019-04-08
34. DOW INC     2019-04-08
8. DOW INC   2015-07-15 2019-04-09
992. VANGUARD MID-CAP VIPERS     2019-04-11
15447.633 AMER BCN GLG TTL RTRN-ULT   2018-09-18 2019-04-22
. DOW INC     2019-04-23
110. OCCIDENTAL PETE CORP     2019-04-25
11. OCCIDENTAL PETE CORP     2019-04-25
80. OCCIDENTAL PETE CORP     2019-04-25
42. OCCIDENTAL PETE CORP     2019-04-25
26. OCCIDENTAL PETE CORP     2019-05-01
5. OCCIDENTAL PETE CORP     2019-05-01
16. REGENERON PHARMACEUTICALS INC     2019-05-01
4. REGENERON PHARMACEUTICALS INC     2019-05-01
78. OCCIDENTAL PETE CORP     2019-05-02
6. OCCIDENTAL PETE CORP   2007-03-14 2019-05-02
3. OCCIDENTAL PETE CORP   2007-03-14 2019-05-02
16. OCCIDENTAL PETE CORP   2007-03-14 2019-05-02
8. OCCIDENTAL PETE CORP   2007-03-14 2019-05-02
9. OCCIDENTAL PETE CORP   2007-03-14 2019-05-03
27. OCCIDENTAL PETE CORP   2007-03-14 2019-05-03
2628. ISHARES MSCI JAPAN ETF   2018-02-09 2019-05-07
323. ISHARES MSCI JAPAN ETF   2018-02-09 2019-05-07
3. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
59. PRUDENTIAL FINL INC     2019-05-14
28. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
9. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
13. PRUDENTIAL FINL INC   2018-12-21 2019-05-14
1602.109 FIDELITY 500 INDEX-INST PRM   2018-02-12 2019-05-15
7063.94 OAKMARK INTERNATIONAL-INST   2018-02-12 2019-05-15
86. SCHWAB CHARLES CORP NEW     2019-05-15
76. SCHWAB CHARLES CORP NEW     2019-05-16
19. SCHWAB CHARLES CORP NEW     2019-05-16
49. SCHWAB CHARLES CORP NEW     2019-05-16
67. MEDTRONIC PLC     2019-05-16
49. MEDTRONIC PLC     2019-05-16
9. MEDTRONIC PLC   2018-07-18 2019-05-16
23. MEDTRONIC PLC     2019-05-17
40. MEDTRONIC PLC     2019-05-17
19. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
21. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
9. PARKER HANNIFIN CORP   2018-01-11 2019-05-20
78. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-05
29. DELTA AIR LINES INC DEL NEW     2019-06-05
96. PHILIP MORRIS INTERNATIONAL     2019-06-05
2. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-06
24. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-06
27. DELTA AIR LINES INC DEL NEW     2019-06-06
5. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-06
84.846 AQR LONG-SHORT EQUITY-R6   2017-02-14 2019-06-07
83.273 ARTISAN INTL VAL-INST   2012-05-24 2019-06-07
209.484 BLACKROCK NTL MUNI-K   2017-04-18 2019-06-07
110.321 CRM LNG/SHRT OPPORT-INST     2019-06-07
4. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
3. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
6. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
1. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
2. DELTA AIR LINES INC DEL NEW   2017-12-13 2019-06-07
120.392 EQUINOX IMP SYSTEM MACRO-I   2015-10-16 2019-06-07
22.99 FIDELITY 500 INDEX-INST PRM   2018-09-17 2019-06-07
3088.42 FIDELITY 500 INDEX-INST PRM     2019-06-07
38.193 GMO SGM MAJOR MARKETS-VI   2018-01-16 2019-06-07
326.482 JOHN HANCOCK INCOME-R6   2016-02-24 2019-06-07
1500.065 OAKMARK FUND-INST   2018-02-09 2019-06-07
45.367 HARTFORD CAPITAL APPREC-F   2011-12-16 2019-06-07
14. ISHARES BARCLAYS 1-3 YEAR TREASURY     2019-06-07
102. ISHARES MISCI EAFE INDEX FUND     2019-06-07
57. ISHARES CORE MSCI EAFE ETF     2019-06-07
1458. ISHARES MSCI JAPAN ETF     2019-06-07
168.296 JPM EQ INC FD - USD - R6 ISIN US46636U8760 SEDOL B56Q2F5   2012-08-20 2019-06-07
48. JPMORGAN BETABUILDERS CANADA     2019-06-07
129.395 JPM TAX AWR R/R FD - USD - R6 ISIN US48121A1262 SEDOL BD02LD6   2018-01-30 2019-06-07
1145.094 JPM INTERM T/F BND FD - USD - R6 ISIN US48129C1080     2019-06-07
209.305 JPM INTERM T/F BND FD - USD - R6 ISIN US48129C1080   2018-07-12 2019-06-07
266.212 JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070     2019-06-07
130.893 JPM US L/C CORE PL FD - USD - R6 ISIN US48129C6030   2012-07-10 2019-06-07
80.471 MFS EMERG MRKTS DEBT-R5   2016-07-26 2019-06-07
135.339 PIMCO FDS PAC INVT MGMT SER HIGH YLD FD INSTL CL   2016-02-24 2019-06-07
2502.169 PARNASSUS EQTY INCOME FD-INS   2018-02-12 2019-06-07
177.762 PIMCO UNCONSTRAINED BD FD INSTL CL*     2019-06-07
3605.032 PRIMECAP ODYSSEY STOCK FUND   2018-02-12 2019-06-07
117.733 PGIM ABSOLUTE RETURN BND-Q   2014-06-20 2019-06-07
317.345 T ROWE PR OVERSEAS STOCK-I   2012-01-23 2019-06-07
92. SPDR TR UNIT SER 1     2019-06-07
232.1 SIX CIRCLES TAX AW U/S DUR   2018-10-17 2019-06-07
344.752 SIX CIRCLES US UNCONSTR EQ   2018-10-17 2019-06-07
186.203 SIX CIRCLES INTL UNCON EQ   2018-10-17 2019-06-07
489.821 AMER FNDS T/E BND FND AM-F3     2019-06-07
67. VANGUARD MID-CAP VIPERS     2019-06-07
237. BANK OF AMERICA CORPORATION     2019-06-10
51. DOLLAR TREE INC     2019-06-10
185. WELLS FARGO & CO NEW     2019-06-10
59. DOLLAR TREE INC     2019-06-11
15. DOLLAR TREE INC   2018-12-17 2019-06-11
18. DOLLAR TREE INC   2018-12-17 2019-06-11
18032.681 JPM MANAGED INCOME - INSTL FUND 2119   2018-09-05 2019-06-17
18. ADOBE SYS INC   2012-12-07 2019-06-27
3797.719 OAKMARK FUND-INST   2018-02-09 2019-07-16
5784.523 PRIMECAP ODYSSEY STOCK FUND   2018-02-12 2019-07-16
5.557 FIDELITY 500 INDEX-INST PRM   2018-02-12 2019-07-25
3183.745 FIDELITY 500 INDEX-INST PRM   2019-07-16 2019-07-25
300. ISHARES MSCI CHINA ETF   2018-02-09 2019-08-13
2671. ISHARES MSCI CHINA ETF   2018-02-09 2019-08-13
69. ISHARES MSCI CHINA ETF   2018-02-09 2019-08-14
3071. ISHARES MSCI CHINA ETF   2019-04-04 2019-08-14
17. SVB FINANCIAL GROUP     2019-08-14
11. SVB FINANCIAL GROUP     2019-08-14
26. APTIV PLC     2019-08-14
15. APTIV PLC     2019-08-14
38. APTIV PLC     2019-08-14
21. SVB FINANCIAL GROUP   2015-02-05 2019-08-15
73. APTIV PLC     2019-08-15
. GENERAL MOTORS CO     2019-09-05
91. DISNEY WALT CO     2019-10-25
23. ACCENTURE PLC     2019-10-25
29. ACCENTURE PLC     2019-10-28
59. NISOURCE INC     2019-11-11
76. NISOURCE INC     2019-11-11
61. NISOURCE INC     2019-11-12
155. NISOURCE INC     2019-11-12
14. NISOURCE INC   2013-02-26 2019-11-12
14. NISOURCE INC   2013-02-26 2019-11-13
19047.566 VANGUARD TOT BD MKT IDX-ADM     2019-11-19
96. CELGENE CORP.     2019-11-21
261. CELGENE CORP.     2019-11-21
137. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
14. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
6. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-25
172. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-26
28. RTS BRISTOL-MYERS SQUIBB-CVR   2019-11-21 2019-11-27
26. ABBVIE INC     2019-12-11
6. ADOBE SYS INC   2012-12-07 2019-12-11
5. ALEXION PHARMACEUTICALS INC   2019-03-14 2019-12-11
1. ALPHABET INC-CL C   2018-05-07 2019-12-11
4. ALPHABET INC-CL C   2019-10-25 2019-12-11
2. ALPHABET INC-CL A   2015-10-30 2019-12-11
3. AMAZON COM INC   2019-10-25 2019-12-11
21. AMERICAN EXPRESS CO   2019-06-10 2019-12-11
30. APPLE COMPUTER INC   2012-11-08 2019-12-11
9. AUTOMATIC DATA PROCESSING INC   2019-08-14 2019-12-11
96. BANK OF AMERICA CORPORATION   2016-11-09 2019-12-11
14. BERKSHIRE HATHAWAY INC DEL CL B   2018-09-11 2019-12-11
55. BOSTON SCIENTIFIC CORP     2019-12-11
31. BRISTOL MYERS SQUIBB CO   2019-11-21 2019-12-11
11. BROADCOM INC   2013-04-25 2019-12-11
4111.322 CAUSEWAY INTERNATIONAL VALUE FUND   2018-02-12 2019-12-11
6. CHARTER COMMUNICATIONS INC-A   2018-04-13 2019-12-11
38. CITIGROUP INC NEW   1998-02-06 2019-12-11
26. COCA-COLA CO   2018-04-16 2019-12-11
75. COMCAST CORP NEW CL A   2019-05-14 2019-12-11
33. CORTEVA INC     2019-12-11
10. DIAMONDBACK ENERGY INC     2019-12-11
12. DISNEY WALT CO   2016-12-05 2019-12-11
1718.213 DODGE & INTERNATIONAL STOCK FUND   2018-02-09 2019-12-11
19. DUPONT DE NEMOURS INC-WI     2019-12-11
22. EOG RESOURCES INC     2019-12-11
17. ELECTRONIC ARTS   2018-09-20 2019-12-11
10. FACEBOOK INC-A   2014-07-25 2019-12-11
739.542 FIDELITY INTL INDX-INST PRM   2018-01-03 2019-12-11
20. FIDELITY NATL INFORMATION SVCS INC   2019-08-14 2019-12-11
34. FISERV INC     2019-12-11
9. GENERAL DYNAMICS CORP   2017-02-10 2019-12-11
13. HOME DEPOT INC   2012-11-20 2019-12-11
23. HONEYWELL INTL INC   2013-10-23 2019-12-11
8. INTERCONTINENTALEXCHANGE GROUP, INC   2017-02-01 2019-12-11
162. INVESCO QQQ TRUST SERIES 1   2019-07-16 2019-12-11
380. ISHARES MSCI ASIAN EX JAPAN   2018-02-09 2019-12-11
392. ISHARES MSCI INDIA ETF   2018-02-09 2019-12-11
519. ISHARES CORE MSCI EMERGING   2018-09-19 2019-12-11
75. KEYCORP NEW   2018-10-08 2019-12-11
18. LILLY ELI & CO     2019-12-11
15. LOWES COS INC   2012-12-07 2019-12-11
38. MARATHON PETROLEUM CORPORATION     2019-12-11
14. MASTERCARD INC - CLASS A   2012-12-14 2019-12-11
6. MCDONALDS CORP   2019-06-10 2019-12-11
31. MERCK & CO INC   2019-03-14 2019-12-11
68. MICROSOFT CORP     2019-12-11
35. MONDELEZ INTERNATIONAL-W/I     2019-12-11
62. MORGAN STANLEY DEAN WITTER & CO NEW   2015-06-04 2019-12-11
4. NETFLIX.COM INC   2018-09-13 2019-12-11
9. NEXTERA ENERGY INC   2018-07-18 2019-12-11
14. NORFOLK SOUTHN CORP     2019-12-11
7. NORTHROP GRUMMAN CORP   2019-05-20 2019-12-11
9. NVIDIA CORP   2018-10-08 2019-12-11
3. O'REILLY AUTOMOTIVE INC   2017-05-08 2019-12-11
20. PAYPAL HOLDINGS INC   2019-01-23 2019-12-11
20. PEPSICO INC     2019-12-11
74. PFIZER INC   2018-10-30 2019-12-11
10. PHILIP MORRIS INTERNATIONAL     2019-12-11
11. PIONEER NAT RES CO     2019-12-11
16. PROCTER & GAMBLE CO   2019-06-05 2019-12-11
10. QUALCOMM INC   2019-05-01 2019-12-11
14. ROSS STORES INC   2018-12-11 2019-12-11
18. SALESFORCE.COM INC   2018-10-08 2019-12-11
143. AMEX CONSUMER SVC SELECT SPD   2019-11-19 2019-12-11
12. STANLEY BLACK & DECKER,INC.     2019-12-11
23. TEXAS INSTRS INC   2019-02-19 2019-12-11
12. UNION PAC CORP   2018-02-22 2019-12-11
7. UNITED TECHNOLOGIES CORP   2017-12-12 2019-12-11
18. UNITEDHEALTH GROUP INC     2019-12-11
1204. VANECK GOLD MINERS     2019-12-11
253. VANGUARD MID-CAP VIPERS   2018-06-18 2019-12-11
6. VERTEX PHARMACEUTICALS INC   2015-09-29 2019-12-11
11. VISA INC CLASS A SHARES   2015-10-19 2019-12-11
12. WASTE CONNECTIONS INC     2019-12-11
29. WELLS FARGO & CO NEW   1996-04-09 2019-12-11
6. WEX INC     2019-12-11
8. YUM BRANDS INC     2019-12-11
19. ZIMMER HLDGS INC     2019-12-11
11. ALLEGION PLC     2019-12-11
5. ACCENTURE PLC   2014-01-15 2019-12-11
22. LINDE PLC   2019-08-14 2019-12-11
14. CHUBB LTD   2016-08-17 2019-12-11
11. NXP SEMICONDUCTORS NV     2019-12-11
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 69   106 -37
b 69   106 -37
c 957   1,470 -513
d 205   305 -100
e 340   508 -168
1,190   550 640
1,400   1,649 -249
165   194 -29
1,424   2,058 -634
998   458 540
2,984   1,228 1,756
2,385   2,813 -428
204   267 -63
482   623 -141
138   178 -40
3,849   1,028 2,821
415   485 -70
2,653   2,306 347
204   267 -63
339   445 -106
1,831   1,585 246
345   445 -100
70   89 -19
70   89 -19
328   288 40
70   89 -19
208   267 -59
2,173   1,873 300
70   89 -19
70   89 -19
419   531 -112
183,297   169,697 13,600
2,303   2,027 276
835   737 98
2,939   2,580 359
4,487   2,748 1,739
2,922   2,576 346
946   574 372
3,813   2,281 1,532
4,803   1,888 2,915
3,842   4,108 -266
13,874   12,393 1,481
7,090   6,837 253
324,164   346,534 -22,370
2,212   2,495 -283
816   925 -109
457   512 -55
172   191 -19
3,891   4,112 -221
1,947   1,823 124
454   423 31
163,223   161,128 2,095
156,639   166,062 -9,423
38     38
6,833   9,329 -2,496
683   863 -180
4,968   5,712 -744
2,608   3,255 -647
1,498   1,765 -267
290   337 -47
5,456   6,692 -1,236
1,361   1,604 -243
4,473   3,773 700
345   264 81
172   132 40
918   705 213
459   352 107
522   396 126
1,569   1,189 380
142,719   155,249 -12,530
17,559   19,081 -1,522
295   240 55
5,807   4,704 1,103
2,767   2,230 537
878   717 161
1,288   1,035 253
159,009   149,012 9,997
159,009   203,230 -44,221
3,679   2,505 1,174
3,312   2,178 1,134
826   525 301
2,127   1,317 810
5,906   5,899 7
4,328   3,884 444
795   792 3
2,023   1,817 206
3,533   3,115 418
3,099   3,956 -857
3,427   4,373 -946
1,467   1,874 -407
4,284   4,178 106
1,594   1,553 41
7,414   10,786 -3,372
109   107 2
1,317   1,283 34
1,473   1,443 30
273   267 6
919   1,131 -212
2,841   2,119 722
2,321   2,275 46
1,124   1,102 22
220   214 6
166   160 6
333   321 12
55   53 2
111   107 4
1,186   1,226 -40
2,303   2,330 -27
309,429   287,272 22,157
1,215   1,234 -19
2,063   2,082 -19
115,325   125,465 -10,140
1,645   1,311 334
1,184   1,166 18
6,686   5,578 1,108
3,494   3,475 19
79,262   86,219 -6,957
3,013   1,749 1,264
1,171   1,189 -18
1,209   1,221 -12
12,539   12,530 9
2,292   2,227 65
5,593   4,348 1,245
3,596   2,774 822
1,164   1,203 -39
1,192   1,084 108
115,325   105,792 9,533
1,927   2,020 -93
115,325   114,748 577
1,140   1,157 -17
3,212   2,449 763
26,462   16,876 9,586
2,321   2,321  
3,489   3,482 7
1,743   1,741 2
6,475   6,304 171
10,970   10,860 110
6,683   7,023 -340
5,295   4,722 573
8,584   3,175 5,409
6,292   5,407 885
1,600   1,296 304
1,919   1,555 364
181,048   180,507 541
5,287   636 4,651
305,564   317,641 -12,077
192,856   184,121 8,735
580   517 63
332,542   332,510 32
16,533   19,751 -3,218
147,253   175,850 -28,597
3,703   4,543 -840
164,802   197,224 -32,422
3,245   2,281 964
2,091   1,366 725
2,067   2,266 -199
1,205   1,306 -101
3,033   3,126 -93
3,921   2,525 1,396
5,788   5,169 619
26     26
11,952   9,400 2,552
4,212   2,160 2,052
5,328   2,436 2,892
1,548   1,140 408
1,984   1,408 576
1,589   936 653
4,035   1,679 2,356
364   135 229
367   135 232
211,047   212,153 -1,106
10,371   6,293 4,078
28,196   24,398 3,798
287   315 -28
29   32 -3
12   14 -2
366   396 -30
59   64 -5
2,247   2,223 24
1,819   212 1,607
547   673 -126
1,345   1,052 293
5,379   5,041 338
2,686   1,487 1,199
5,237   5,159 78
2,536   2,582 -46
8,113   2,343 5,770
1,503   1,478 25
3,237   1,718 1,519
3,104   2,996 108
2,415   1,291 1,124
1,936   1,749 187
3,526   433 3,093
65,000   68,618 -3,618
2,795   1,836 959
2,874   9,517 -6,643
1,400   1,161 239
3,156   3,225 -69
860   1,088 -228
837   1,052 -215
1,769   1,203 566
75,000   77,990 -2,990
1,221   1,799 -578
1,639   2,000 -361
1,746   1,936 -190
2,020   753 1,267
32,000   32,259 -259
2,710   2,620 90
3,880   3,563 317
1,619   1,656 -37
2,754   828 1,926
4,043   1,899 2,144
740   469 271
33,124   31,361 1,763
26,859   28,281 -1,422
13,620   13,825 -205
27,106   26,705 401
1,479   1,536 -57
2,177   1,573 604
1,760   524 1,236
2,158   3,099 -941
4,051   675 3,376
1,167   1,207 -40
2,760   2,524 236
10,301   3,694 6,607
1,892   1,560 332
3,071   2,418 653
1,190   1,483 -293
2,116   1,526 590
2,661   2,112 549
2,433   2,192 241
1,953   2,414 -461
1,329   761 568
2,104   1,808 296
2,733   2,051 682
2,835   3,151 -316
850   1,076 -226
1,491   1,926 -435
1,993   1,708 285
863   865 -2
1,603   1,129 474
2,804   2,724 80
14,283   13,995 288
1,912   1,307 605
2,844   2,475 369
2,087   1,603 484
1,029   867 162
5,038   2,434 2,604
33,016   27,093 5,923
44,047   40,951 3,096
1,320   600 720
1,999   848 1,151
1,082   635 447
1,552   265 1,287
1,186   565 621
794   735 59
2,783   2,184 599
1,380   734 646
1,010   416 594
4,518   4,095 423
2,130   1,765 365
1,342   1,036 306
      47,818
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       -37
b       -37
c       -513
d       -100
e       -168
      640
      -249
      -29
      -634
      540
      1,756
      -428
      -63
      -141
      -40
      2,821
      -70
      347
      -63
      -106
      246
      -100
      -19
      -19
      40
      -19
      -59
      300
      -19
      -19
      -112
      13,600
      276
      98
      359
      1,739
      346
      372
      1,532
      2,915
      -266
      1,481
      253
      -22,370
      -283
      -109
      -55
      -19
      -221
      124
      31
      2,095
      -9,423
      38
      -2,496
      -180
      -744
      -647
      -267
      -47
      -1,236
      -243
      700
      81
      40
      213
      107
      126
      380
      -12,530
      -1,522
      55
      1,103
      537
      161
      253
      9,997
      -44,221
      1,174
      1,134
      301
      810
      7
      444
      3
      206
      418
      -857
      -946
      -407
      106
      41
      -3,372
      2
      34
      30
      6
      -212
      722
      46
      22
      6
      6
      12
      2
      4
      -40
      -27
      22,157
      -19
      -19
      -10,140
      334
      18
      1,108
      19
      -6,957
      1,264
      -18
      -12
      9
      65
      1,245
      822
      -39
      108
      9,533
      -93
      577
      -17
      763
      9,586
       
      7
      2
      171
      110
      -340
      573
      5,409
      885
      304
      364
      541
      4,651
      -12,077
      8,735
      63
      32
      -3,218
      -28,597
      -840
      -32,422
      964
      725
      -199
      -101
      -93
      1,396
      619
      26
      2,552
      2,052
      2,892
      408
      576
      653
      2,356
      229
      232
      -1,106
      4,078
      3,798
      -28
      -3
      -2
      -30
      -5
      24
      1,607
      -126
      293
      338
      1,199
      78
      -46
      5,770
      25
      1,519
      108
      1,124
      187
      3,093
      -3,618
      959
      -6,643
      239
      -69
      -228
      -215
      566
      -2,990
      -578
      -361
      -190
      1,267
      -259
      90
      317
      -37
      1,926
      2,144
      271
      1,763
      -1,422
      -205
      401
      -57
      604
      1,236
      -941
      3,376
      -40
      236
      6,607
      332
      653
      -293
      590
      549
      241
      -461
      568
      296
      682
      -316
      -226
      -435
      285
      -2
      474
      80
      288
      605
      369
      484
      162
      2,604
      5,923
      3,096
      720
      1,151
      447
      1,287
      621
      59
      599
      646
      594
      423
      365
      306
       
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 33,016
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))
2018 738,557 16,692,315 0.044245
2017 813,895 16,444,889 0.049492
2016 827,217 15,474,305 0.053457
2015 880,550 16,767,358 0.052516
2014 793,700 17,209,699 0.046119
2
Total of line 1, column (d) .....................
2
0.245829
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
0.049166
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
15,963,509
5
Multiply line 4 by line 3......................
5
784,862
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,480
7
Add lines 5 and 6........................
7
787,342
8
Enter qualifying distributions from Part XII, line 4,.............
8
808,375
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 (2019)
Form 990-PF (2019)
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 2,480
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 2,480
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 2,480
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 13,163
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,163
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 10,683
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet2,480 RefundedBullet 11 8,203
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 2019 or the taxable year beginning in 2019? 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
    Yes
     
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ofbulletJP MORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN ST MC IL 1-0111CHICAGOIL ZIP+4bullet60603
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    JP MORGAN CHASE BANK NA Trustee
    2
    151,197    
    10 S DEARBORN ST MC IL 1-0111
    Chicago,IL60603
    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 (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    15,884,292
    b
    Average of monthly cash balances.......................
    1b
    322,316
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,206,608
    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
    16,206,608
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    243,099
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,963,509
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    798,175
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    798,175
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    2,480
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,480
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    795,695
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    795,695
    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
    795,695
    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
    808,375
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    808,375
    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
    2,480
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    805,895
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 795,695
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 754,270
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 808,375
    a Applied to 2018, but not more than line 2a 754,270
    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 2019 distributable amount..... 54,105
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    741,590
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JPMorgan Chase Bank NA- Adrean Wil
    420 Throckmorton St fl 3
    Fort Worth,TX76102
    (817) 884-5155
    www.jpmorgan.com/onlinegrants
    bThe form in which applications should be submitted and information and materials they should include:
    See online application form
    cAny submission deadlines:
    none
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IRC Section 501 (c) (3) organizations
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    TEXAS CHRISTIAN UNIVERSITY
    2500 S UNIVERSITY DR
    FORT WORTH,TX76129
    NONE PC GENERAL 54,000
    LONGHORN COUNCIL BOY SCOUTS OF AMERICA
    850 CANNON DR
    HURST,TX76054
    NONE PC GENERAL 20,000
    YOUNG WOMEN'S LEADERSHIP ACADEMY
    FOUNDATION FOR THE Y
    401 E 8TH ST
    FORT WORTH,TX76102
    NONE PC GENERAL 20,000
    FORT WORTH JUNIOR GOLF FOUNDATION INC
    PO BOX 4767
    FORT WORTH,TX76164
    NONE PC GENERAL 50,000
    TEXAS WESLEYAN UNIVERSITY
    1201 WESLEYAN STREET
    FORT WORTH,TX76105
    NONE PC GENERAL 50,000
    SWENSON MEMORIAL MUSEUM OF STEPHENS COUNTY IN
    PO BOX 350
    BRECKENRIDGE,TX76424
    NONE PC GENERAL 30,000
    BRECKENRIDGE LIBRARY AND FINE ARTS FOUNDATION
    PO BOX 752
    BRECKENRIDGE,TX76424
    NONE PC GENERAL 30,000
    TARRANT COUNTY COLLEGE FOUNDATION
    1500 HOUSTON STREET
    FORT WORTH,TX76102
    NONE PC GENERAL 75,000
    ALLIANCE FOR CHILDREN INC
    908 SOUTHLAND AVENUE
    FORT WORTH,TX76104
    NONE PC GENERAL 50,000
    PANTEGO CHRISTIAN ACADEMY INC
    2201 W PARK ROW
    ARLINGTON,TX76103
    NONE PC GENERAL 26,000
    FORT WORTH SYMPHONY ORCHESTRA
    ASSOCIATION INC
    330 E FOURTH ST STE 200
    FORT WORTH,TX76102
    NONE PC GENERAL 100,000
    TEXAS BALLET THEATER
    1540 MALL CIR
    FORT WORTH,TX76116
    NONE PC GENERAL 100,000
    CATHOLIC CHARITIES OF FORT WORTH
    249 W THORNHILL DR
    FORT WORTH,TX76115
    NONE PC GENERAL 100,000
    FORT WORTH ISD
    1110 E WEATHERFORD STREET
    FORT WORTH,TX76102
    NONE PC GENERAL 50,000
    Total .................................bullet 3a 755,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 339,624  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 1  
    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 33,016  
    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)..   372,641  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    372,641
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


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    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description