Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 09-01-2018 , and ending 08-31-2019
Name of foundation
ETHEL D COLKET FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6022 WEST CHESTER PIKE No 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWTOWN SQUARE, PA19073
A Employer identification number

23-6292917
B Telephone number (see instructions)

(610) 647-7475
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$5,468,538J 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) 169,273
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 124,809 124,809  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 170,488
b Gross sales price for all assets on line 6a 1,087,414
7 Capital gain net income (from Part IV, line 2)... 170,488
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 45,434 28,821  
12 Total. Add lines 1 through 11........ 510,004 324,118  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 17,802 17,802   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 194 194   0
17 Interest............... 4 0   4
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,096 107   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 61,177 60,648   392
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 93,273 78,751   396
25 Contributions, gifts, grants paid....... 717,369 717,369
26 Total expenses and disbursements. Add lines 24 and 25 810,642 78,751   717,765
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -300,638
b Net investment income (if negative, enter -0-) 245,367
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............. 67,036 20,946 20,946
2 Savings and temporary cash investments......... 72,699 180,333 180,333
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)....... 1,095,467 Click to see attachment745,790 1,736,713
c Investments—corporate bonds (attach schedule)....... 150,000 Click to see attachment150,000 155,790
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,637,492 Click to see attachment1,854,584 2,342,377
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment305,975 Click to see attachment901,195 Click to see attachment1,032,379
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,328,669 3,852,848 5,468,538
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,233,815 3,233,815
28 Paid-in or capital surplus, or land, bldg., and equipment fund 67,036 67,036
29 Retained earnings, accumulated income, endowment, or other funds 27,818 551,997
30 Total net assets or fund balances (see instructions)..... 3,328,669 3,852,848
31 Total liabilities and net assets/fund balances (see instructions). 3,328,669 3,852,848
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,328,669
2
Enter amount from Part I, line 27a .....................
2
-300,638
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
964,984
4
Add lines 1, 2, and 3 ..........................
4
3,993,015
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
140,167
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,852,848
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b SHORT-TERM CAPITAL LOSS - THE VITTORIA FUND LP P    
c LONG-TERM CAPITAL GAIN - THE VITTORIA FUND LP P    
d SEC. 1256 LOSS - THE VITTORIA FUND LP P    
e Capital Gains 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 983,228   912,147 71,081
b     4,427 -4,427
c 64,886     64,886
d     352 -352
e 39,300     39,300
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       71,081
b       -4,427
c       64,886
d       -352
e       39,300
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 170,488
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 593,132 5,942,957 0.099804
2016 1,153,855 6,162,438 0.187240
2015 2,048,584 6,368,948 0.321652
2014 1,935,473 5,712,867 0.338792
2013 1,231,704 5,180,170 0.237773
2
Total of line 1, column (d) .....................
2
1.185261
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
0.237052
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
5,482,149
5
Multiply line 4 by line 3......................
5
1,299,554
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,454
7
Add lines 5 and 6........................
7
1,302,008
8
Enter qualifying distributions from Part XII, line 4,.............
8
717,765
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 4,907
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,907
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,907
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 10,272
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,272
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 5,365
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet5,365 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletPA
    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 ofbulletTEKLOC ENTERPRISES LLC Telephone no.bullet (610) 647-7475

    Located atbullet6022 WWEST CHESTER PIKE STE 100NEWTOWN SQUAREPA ZIP+4bullet19073
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PNC BANK NA CO-TRUSTEE
    3.00     		17,802 0 0
    116 ALLEGHENY CENTER MALL
    PITTSBURGH,PA152129938
    TRISTRAM C COLKET JR CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    RUTH M COLKET CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    CAROLYN C CULLEN CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    TRISTRAM C COLKET III CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    BRYAN D COLKET CO-TRUSTEE
    1.00     		0 0 0
    C/O 6022 WEST CHESTER PIKE SUITE
    100
    NEWTOWN SQUARE,PA19073
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    5,455,041
    b
    Average of monthly cash balances.......................
    1b
    110,592
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,565,633
    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
    5,565,633
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    83,484
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,482,149
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    274,107
    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
    274,107
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,907
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    665
    c
    Add lines 2a and 2b............................
    2c
    5,572
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    268,535
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    268,535
    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
    268,535
    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
    717,765
    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
    717,765
    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
    717,765
    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 7 268,535
    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...... 983,017
    b From 2014...... 1,661,188
    c From 2015...... 1,742,869
    d From 2016...... 852,925
    e From 2017...... 306,253
    fTotal of lines 3a through e........ 5,546,252
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 717,765
    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..... 268,535
    e Remaining amount distributed out of corpus 449,230
    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 5,995,482
    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) ...     		983,017
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		5,012,465
    10 Analysis of line 9:
    a Excess from 2014.... 1,661,188
    b Excess from 2015.... 1,742,869
    c Excess from 2016.... 852,925
    d Excess from 2017.... 306,253
    e Excess from 2018.... 449,230
    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).)
    TRISTRAM C COLKET JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ELTHEL D COLKET FOUNDATION
    6022 WEST CHESTER PIKE SUITE 100
    NEWTOWN SQUARE,PA19076
    (610) 647-7475
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING
    cAny submission deadlines:
    NONE, BUT APPLICANTS FROM THE DELAWARE VALLEY OF PA ARE PREFERRED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EDUCATIONAL, CHARITABLE, SCIENTIFIC, LITERARY, AND RELIGIOUS CONCERNS ONLY.
    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
    ACADIA FAMILY CENTER
    1 FERNALD POINT ROAD PO BOX 807
    SOUTHWEST HARBOR,ME04679     		  PC GENERAL OPERATING 5,000
    AMERICAN CANCER SOCIETY
    5900 CORE AVENUE SUITE 504
    NORTH CHARLESTON,SC29406     		  PC GENERAL OPERATING 1,000
    AUTISM SPEAKS
    1060 STATE ROAD 2ND FL
    PRINCETON,NJ08540     		  PC GENERAL OPERATING 300
    BANNER LAKE CLUB
    PO BOX 1875
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 300
    BAR HARBOR FIRE DEPARTMENT
    37 FIREFLY LANE
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 8,000
    BAR HARBOR FOOD PANTRY
    36 Mount Desert Street
    BAR HARBOR,ME046090434     		  PC ANNUAL FUND 1,500
    BILLFISH FOUNDATION
    5100 N FEDERAL HIGHWAY STE 200
    FORT LAUDERDALE,FL33308     		  PC GENERAL OPERATING 1,000
    THE BARNES FOUNDATION
    2025 Benjamin Franklin Parkway
    PHILADELPHIA,PA19130     		  PC ANNUAL APPEAL - THE CIRCLES 2,500
    BRANDYWINE CONSERVANCY
    PO Box 141
    CHADDS FORD,PA19317     		  PC GENERAL OPERATING 2,000
    CHESTER COUNTY FAMILY ACADEMY
    530 East Union Street
    WEST CHESTER,PA19382     		  PC SMART BOARD 1,000
    CHESTER COUNTY FOOD BANK
    650 Pennsylvania Drive
    EXTON,PA19341     		  PC GENERAL OPERATING 4,000
    CHOP FOUNDATION
    3401 Civic Center Boulevard
    PHILADELPHIA,PA191044399     		  PC NURSE SPONSORING 13,323
    CHOP FOUNDATION
    PO Box 781352
    PHILADELPHIA,PA191781352     		  PC WOMEN'S COMMITTEE ENDOWMENT FUND 500
    CHRIST MEMORIAL CHAPEL
    PO Box 582
    HOBE SOUND,FL33475     		  PC OUTREACH PROGRAM 4,000
    COLORADO COLLEGE
    14 East Cache LaPoudre Street
    COLORADO SPRINGS,CO809033294     		  PC GENERAL OPERATING 9,569
    COMMUNITY SCHOOL
    1 Community School Drive
    SUN VALLEY,ID83353     		  PC GENERAL OPERATING 1,000
    COMMUNITY VOLUNTEERS IN MEDICINE
    300 Lawrence Drive
    WEST CHESTER,PA19380     		  PC GENERAL OPERATING 3,000
    DOUBLE H RANCH
    97 Hidden Valley Road
    LAKE LUZERN,NY12846     		  PC GENERAL OPERATING 10,000
    EASTER SEALS SOUTHEASTERN PA
    3975 Conshohocken Avenue
    PHILADELPHIA,PA191315484     		  PC GENERAL OPERATING 5,000
    THE EPISCOPAL ACADEMY
    1785 Bishop White Drive
    NEWTOWN SQUARE,PA19073     		  PC ANNUAL FUND 14,530
    FIGHTING BACK SCHOLARSHIP PROGRAM INC
    400 East King Street PO BOX 141
    MALVERN,PA19355     		  PC GENERAL OPERATING 5,000
    HEALTH CARE FOR THE HOMELESS
    421 Fallsway
    BALTIMORE,MD21202     		  PC GENERAL OPERATING 500
    HOBE SOUND COMMUNITY CHEST
    PO Box 511
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 10,000
    HOLDERNESS SCHOOL
    Chapel Lane PO BOX 1879
    PLYMOUTH,NH032649808     		  PC GENERAL OPERATING 30,000
    ISLAND CONNECTIONS
    15 Eagle Lake Road
    BAR HARBOR,ME04609     		  PC ANNUAL APPEAL 300
    ISLAND HOUSING TRUST
    PO Box 851
    MOUNT DESERT,ME04660     		  PC GENERAL OPERATING 10,000
    JUPITER ISLAND GARDEN CLUB
    PO Box 1410
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 500
    JUPITER ISLAND HISTORICAL SOCIETY
    PO Box 938
    HOBE SOUND,FL33475     		  PC GENERAL OPERATING 350
    MAINE COAST MEMORIAL HOSPITAL
    50 Union Street
    ELLSWORTH,ME04605     		  PC GENERAL OPERATING 2,000
    MAINE SEACOAST MISSION
    127 West Street
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 10,323
    MDI HISTORICAL SOCIETY
    PO Box 653 373 SOUND DRIVE
    MOUNT DESERT,ME046600653     		  PC ANNUAL FUND 200
    MDI YMCA
    36 Mount Desert Street
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 300
    MEDICAL UNIVERSITY OF SOUTH CAROLINA
    18 Bee Street MSC 450
    CHARLESTON,SC29425     		  PC GENERAL OPERATING 1,000
    MILL REEF FUND
    PO Box 6654
    MCLEAN,VA22106     		  PC GENERAL OPERATING 300
    MOUNT DESERT ISLAND HOSPITAL
    PO Box 8
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 5,000
    MOUNT DESERT ISLAND YMCA
    21 Park Street
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 3,000
    PAOLI HOSPITAL AUXILIARY
    255 W Lancaster Avenue
    PAOLI,PA19301     		  PC GENERAL OPERATING 1,000
    PAOLI MEMORIAL HOSPITAL
    255 West Lancaster Avenue
    PAOLI,PA19301     		  PC GENERAL OPERATING 5,000
    PENNSYLVANIA SPCA
    350 East Erie Avenue
    PHILADELPHIA,PA19134     		  PC GENERAL OPERATING 500
    PHILADELPHIA MUSEUM OF ART
    PO Box 7646
    PHILADELPHIA,PA191017646     		  PC GENERAL OPERATING 4,200
    THE PHILADELPHIA ORCHESTRA
    One South Broad Street 14TH FL
    PHILADELPHIA,PA19107     		  PC GENERAL OPERATING 5,000
    PHILADELPHIA RONALD MCDONALD HOUSE
    3921 Chestnut Street
    PHILADELPHIA,PA19104     		  PC GENERAL OPERATING 1,000
    QUEBEC-LABRADOR FOUNDATION
    4 South Main Street SUITE 4
    IPSWICH,MA01938     		  PC GENERAL OPERATING 2,000
    RIDING ON INSULIN
    PO Box 1516
    WHITEFISH,MT59937     		  PC GENERAL OPERATING 2,500
    ROANOKE COLLEGE
    221 College Lane
    SALEM,VA241533794     		  PC GENERAL OPERATING 2,000
    SAMARITAN CENTER FOR YOUNG BOYS & FAMILIES
    1490 SE Cove Road
    STUART,FL34997     		  PC GENERAL OPERATING 500
    SEAL COVE AUTO MUSEUM
    PO Box 106
    SEAL COVE,ME04674     		  PC GENERAL OPERATING 300
    ST DAVID'S CHURCH
    763 Valley Forge Road
    WAYNE,PA190874794     		  PC GENERAL OPERATING 28,000
    ST JAMES SCHOOL
    3217 W Clearfield Street
    PHILADELPHIA,PA19132     		  PC GENERAL OPERATING - COMPUTERS 4,000
    ST SAVIOUR'S CHURCH
    41 Mt Desert Street
    BAR HARBOR,ME04609     		  PC GENERAL OPERATING 3,000
    STUDIO INCAMMINATI
    340 North 12th Street STE 400
    PHILADELPHIA,PA19107     		  PC GENERAL OPERATING 1,000
    SUMMER SEARCH NATIONAL
    1528 Walnut Street SUITE 106
    PHILADELPHIA,PA19102     		  PC GENERAL OPERATING 4,000
    SUMMER SEARCH PHILADELPHIA
    1528 Walnut Street SUITE 106
    PHILADELPHIA,PA19102     		  PC GENERAL OPERATING 13,064
    SUN VALLEY COMMUNITY SCHOOL
    PO BOX 2118
    SUN VALLEY,ID83353     		  PC GENERAL OPERATING 10,323
    SUN VALLEY SKI EDUCATION FOUNDATION
    PO Box 203
    SUN VALLEY,ID83353     		  PC GENERAL OPERATING 2,500
    TYLER ARBORETUM
    515 Painter Road
    MEDIA,PA19063     		  PC GENERAL OPERATING 1,000
    THE UNIVERSITY OF ALABAMA
    G-14 Rose Administration Building
    BOX 870101
    TUSCALOOSA,AL354870101     		  PC GENERAL OPERATING 5,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    2929 Walnut Street SUITE 300
    PHILADELPHIA,PA191045099     		  PC FRIENDS OF PENN NURSING 458,987
    WESTSIDE FOOD PANTRY
    PO Box 767
    SOUTHWEST HARBOR,ME04679     		  PC ANNUAL FUND 1,000
    WILLISTOWN CONSERVATION TRUST
    925 Providence Road
    NEWTOWN SQUARE,PA19073     		  PC GENERAL OPERATING 2,500
    PHILADELPHIA MUSEUM OF ART - RETURNED GRANT
    PO BOX 7646
    PHILADELPHIA,PA191017646     		  PC GENERAL OPERATING - RETURNED GRANT -5,000
    MAINE COAST MEMORIAL HOSPITAL - RETURNED GRANT
    50 Union Street
    ELLSWORTH,ME04605     		  PC GENERAL OPERATING - RETURNED GRANT -2,000
    DOWNEAST HEALTH SERVICES - RETURNED GRANT
    52 CHRISTIAN RIDGE ROAD
    ELLSWORTH,ME04605     		  PC GENERAL OPERATING - RETURNED GRANT -300
    Total .................................bullet 3a 717,369
    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 ...........     		         
    4 Dividends and interest from securities....     14 124,809  
    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..... 523920 15,069 14 28,821  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 170,488  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL INCOME TAX REFUND     		    01 1,544  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 15,069 325,662 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    340,731
    (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
    ETHEL D COLKET FOUNDATION
     
    Employer identification number

    23-6292917
    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
    ETHEL D COLKET FOUNDATION
          		Employer identification number
    23-6292917
    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
    TRISTRAM C COLKET JR  
    C/O 6022 WEST CHESTER PIKE SUITE 10
     
    NEWTOWN SQUARE, PA19073

    		$ 169,272


    (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.)
    (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
    ETHEL D COLKET FOUNDATION
          		Employer identification number

    23-6292917
    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
    		 490 SHS SPDR S&P MIDCAP 400 ETF TRUST $ 169,272 2019-06-07
    (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
     
    		$    
    (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
    ETHEL D COLKET FOUNDATION
          		Employer identification number

    23-6292917
    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 InvestmentsCorpBondsSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Name of Bond End of Year Book Value End of Year Fair Market Value
    150,000 shs RBC SPX Drawdown Note 4.65% 150,000 155,790

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Name of Stock End of Year Book Value End of Year Fair Market Value
    46 shs Accenture PLC Cl A 8,180 9,116
    37 shs Adobe Inc. 10,127 10,527
    21 shs Align Technology 6,409 3,845
    10 shs Alphabet Inc. Cl C 10,838 11,881
    3 shs Alphabet Inc. Cl A 2,443 3,572
    38 shs Automatic Data Processing 4,924 6,454
    2 shs Booking Holdings Inc 3,585 3,933
    50 shs Dollar General Corp. 6,041 7,804
    76 shs Facebook Inc. 10,712 14,111
    40 shs Gartner Inc. 6,251 5,347
    36 shs Mastercard Inc. Cl A 9,393 10,129
    128 shs Microsoft Corp. 11,114 17,646
    60 shs Nestle S.A. 6,112 6,743
    83 shs Nike Inc. 6,905 7,013
    17 shs O Reilly Automotive Inc. 6,465 6,524
    116 shs Oracle Corp. 6,256 6,039
    60 shs Paypal Holdings Inc. 6,807 6,543
    13 shs Regeneron Pharmaceuticals Inc. 3,989 3,771
    91 shs Starbucks Corp. 7,454 8,787
    77 shs Visa Inc. 7,360 13,923
    83 shs Zoetis Inc. 9,099 10,493
    369 shs Chevron Corp. 11,875 43,439
    755 shs Occidental Petroleum Corp. 9,535 32,827
    306 shs Phillips 66 4,019 30,181
    32,357 shs Campbell Soup Co 569,897 1,456,065

    TY 2018 InvestmentsOtherSchedule2
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    35,143 948 shs Blackrock Core Bond Port. AT COST 342,472 351,440
    861 shs Global X Social Media Index ETF AT COST 27,389 28,293
    1,634 shs Global X Robotics & Artifi ETF AT COST 32,549 30,719
    1,427 shs Global X Internet of Things ETF AT COST 27,570 27,670
    1,005 shs Global X Fintech Thematic ETF AT COST 29,247 29,135
    1,185 shs Global X Lithium & Battery Tech ETF AT COST 30,762 27,694
    690 shs Invesco Water Resources ETF AT COST 23,984 24,964
    2,287.457 shs Cambiar Intl Equity Fund AT COST 60,000 56,683
    320.338 shs Ishares S&P 500 Index Fund Cl K AT COST 27,653 111,657
    1,952.807 shs Harding Loevner EM Port. Fund AT COST 120,000 103,206
    3,924.133 shs WCM Focused Intl Growth AT COST 60,000 68,515
    1,179 shs Ishares Russell 2000 ETF AT COST 149,975 175,482
    7,941.387 shs Principal Midcap Fund AT COST 154,000 240,227
    7,804.588 shs T Rowe Price Value Fund AT COST 269,153 282,994
    807 shs SPDR S&P 500 ETF AT COST 212,800 236,007
    1,056 shs SPDR Dow Jones REIT ETF AT COST 72,048 108,472
    1,280 shs SPDR Midcap Trust ETF AT COST 214,982 439,219

    TY 2018 OtherAssetsSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    VITTORIA FUND LP 305,975 901,195 1,032,379


    TY 2018 OtherDecreasesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Amount
    STOCK CONTRIBUTION - TAX COST VS FMV 139,060
    CURRENT YEAR DIVIDENDS RECEIVABLE 1,107


    TY 2018 OtherExpensesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PENALTIES 6 0   0
    POSTAGE 392 0   392
    PASSTHROUGH K-1 LOSSES & DEDUCTIONS 60,779 60,648   0


    TY 2018 OtherIncomeSchedule2
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH K-1 INCOME/DEDUCTIONS 28,821 28,821 0
    PASSTHROUGH UBTI 15,069 0 0
    FEDERAL INCOME TAX REFUND 1,544   1,544


    TY 2018 OtherIncreasesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Description Amount
    THE VITTORIA FUND LP - COST BASIS ADJUSTMENT 552,002
    REVERSAL OF PRIOR YEAR DIVIDENDS RECEIVABLE 919
    STOCK GRANTS PAID - TAX COST VS FMV 412,063


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES - POLLEN CAP MGMT 192 192   0
    ADR FEES 2 2   0


    TY 2018 TaxesSchedule
    Name:
    ETHEL D COLKET FOUNDATION
    EIN:
    23-6292917
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 107 107   0
    FEDERAL EXCISE TAX 13,989 0   0