-
TIN:
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
07-01-2019
, and ending
06-30-2020
Name of foundation
THE SNEED FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)
PO BOX 5567
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORMAN
,
OK
73070
A Employer identification number
73-1168046
B
Telephone number (see instructions)
(405) 447-4154
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
1,090,098
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
10,179
10,179
4
Dividends and interest from securities
...
20,856
20,856
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
-4,467
b
Gross sales price for all assets on line 6a
332,238
7
Capital gain net income (from Part IV, line 2)
...
0
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)
.......
2,914
0
12
Total.
Add lines 1 through 11
........
29,482
31,035
13
Compensation of officers, directors, trustees, etc.
0
0
0
14
Other employee salaries and wages
......
15
Pension plans, employee benefits
.......
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
4,150
4,150
0
c
Other professional fees (attach schedule)
....
10,226
10,226
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
51
0
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
3,005
3,005
0
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
17,432
17,381
0
25
Contributions, gifts, grants paid
.......
45,950
45,950
26
Total expenses and disbursements.
Add lines 24 and 25
63,382
17,381
45,950
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-33,900
b
Net investment income
(if negative, enter -0-)
13,654
c
Adjusted net income
(if negative, enter -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
1
Cash—non-interest-bearing
.............
20,410
3,208
3,208
2
Savings and temporary cash investments
.........
30,374
43,298
43,298
3
Accounts receivable
Less: allowance for doubtful accounts
4
Pledges receivable
Less: allowance for doubtful accounts
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)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
227,792
201,557
216,661
b
Investments—corporate stock (attach schedule)
.......
381,789
364,549
371,661
c
Investments—corporate bonds (attach schedule)
.......
347,075
360,928
455,270
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
1,007,440
973,540
1,090,098
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
)
23
Total liabilities
(add lines 17 through 22)
.........
0
0
Foundations that follow FASB ASC 958, check here
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
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
0
0
27
Paid-in or capital surplus, or land, bldg., and equipment fund
0
0
28
Retained earnings, accumulated income, endowment, or other funds
1,007,440
973,540
29
Total net assets or fund balances
(see instructions)
.....
1,007,440
973,540
30
Total liabilities and net assets/fund balances
(see instructions)
.
1,007,440
973,540
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
1,007,440
2
Enter amount from Part I, line 27a
.....................
2
-33,900
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
973,540
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
973,540
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
ISHARES J.P. MORGAN EM HIGH YLD BD
P
2018-07-10
2019-07-02
b
VALERO ENERGY CORP
P
2019-07-10
2019-07-19
c
SOUTHERN CO
P
2019-01-03
2019-07-19
d
KULICKE & SOFFA INDUSTRIES INC
P
2018-08-01
2019-07-19
e
KULICKE & SOFFA INDUSTRIES INC
P
2018-08-01
2019-07-19
KEYCORP
P
2019-03-19
2019-07-19
DELEK US HOLDINGS INC
P
2018-10-22
2019-07-19
ISHARES 20 PLUS YEAR TREASURY BOND
P
2019-04-09
2019-08-21
EVERGY INC
P
2019-06-27
2019-09-30
STERIS PLC
P
2019-08-21
2019-10-01
ALBEMARLE CORP
P
2019-09-20
2019-11-04
ALBEMARLE CORP
P
2019-07-25
2019-11-04
ALBEMARLE CORP
P
2019-05-13
2019-11-04
ALBEMARLE CORP
P
2019-03-28
2019-11-04
US TREASURY 1.000 11/30/19 MATD
P
2019-06-04
2019-12-02
TAPESTRY INC
P
2019-04-24
2019-12-09
ENLINK MIDSTREAM LLC
P
2019-06-27
2019-12-19
ENLINK MIDSTREAM LLC
P
2019-03-28
2019-12-19
ISHARES IBOXX HIGH YIELD CORPORATE BD
P
2019-10-01
2020-01-15
ALLIANT ENERGY CORP
P
2019-06-27
2020-03-10
HOPE BANCORP INC
P
2019-05-15
2020-03-10
DELEK US HOLDINGS INC
P
2019-05-22
2020-03-19
VERMILION ENERGY INC COM
P
2020-02-12
2020-03-24
VERMILION ENERGY INC COM
P
2019-03-28
2020-03-24
US TREASURY 3.500 05/15/20 MATD
P
2019-05-17
2020-03-24
NEWMARK GROUP INC
P
2019-03-28
2020-03-24
HAWAIIAN HOLDINGS INC
P
2019-03-28
2020-03-24
ALASKA AIR GROUP INC
P
2019-09-20
2020-03-24
DELEK US HOLDINGS INC
P
2019-05-22
2020-03-25
STERIS PLC
P
2019-08-21
2020-03-30
AUTOLIV INC
P
2019-05-15
2020-04-06
AUTOLIV INC
P
2019-08-15
2020-04-06
NEWMARK GROUP INC
P
2019-05-08
2020-04-06
ISHARES 1-3 YEAR TREASURY BOND
P
2019-07-02
2020-04-09
BGC PARTNERS INC
P
2019-08-19
2020-04-23
NEWMARK GROUP INC
P
2019-11-13
2020-04-29
NEWMARK GROUP INC
P
2019-05-08
2020-04-29
INTER PARFUMS INC
P
2019-10-04
2020-04-30
STORE CAPITAL CORP
P
2019-05-31
2020-05-08
STEEL DYNAMICS INC
P
2019-06-19
2020-05-18
CANTEL MEDICAL CORP
P
2020-02-21
2020-05-18
CANTEL MEDICAL CORP
P
2019-10-28
2020-05-18
STEEL DYNAMICS INC
P
2019-06-19
2020-05-19
STEEL DYNAMICS INC
P
2019-06-19
2020-05-20
US TREASURY 2.250 08/15/46
P
2020-03-13
2020-06-04
US TREASURY 2.750 11/15/42
P
2019-06-06
2020-06-04
ISHARES INTEREST RATE HEDGED CORP BD
P
2020-04-09
2020-06-04
ISHARES TR SH TR CRPORT ETF
P
2020-04-09
2020-06-04
DELEK US HOLDINGS INC
P
2019-06-07
2020-06-04
DELEK US HOLDINGS INC
P
2019-08-09
2020-06-08
ISHARES J.P. MORGAN EM HIGH YLD BD ETF
P
2018-01-16
2019-07-02
CISCO SYSTEMS INC
P
2014-06-05
2019-07-10
BRISTOL-MYERS SQUIBB COMPANY
P
2017-08-21
2019-07-10
BRISTOL-MYERS SQUIBB COMPANY
P
2017-08-17
2019-07-10
EPR PROPERTIES
P
2017-08-21
2019-07-12
CAMDEN PROPERTY TRUST
P
2018-06-14
2019-07-12
AVALONBAY COMMUNITIES INC
P
2017-08-16
2019-07-12
WELLTOWER INC COM
P
2017-08-16
2019-07-19
WELLS FARGO & CO
P
2017-08-16
2019-07-19
TERRENO REALTY CORP
P
2017-08-16
2019-07-19
SL GREEN REALTY CORP
P
2018-07-13
2019-07-19
PNC FINANCIAL SERVICES GROUP INC
P
2017-08-16
2019-07-19
OMEGA HEALTHCARE INVESTORS INC
P
2018-02-06
2019-07-19
MONDELEZ INTERNATIONAL INC CLASS A
P
2018-02-14
2019-07-19
METLIFE INC
P
2017-08-21
2019-07-19
METLIFE INC
P
2017-08-16
2019-07-19
LOCKHEED MARTIN CORP
P
2017-08-16
2019-07-19
LITTELFUSE INC
P
2017-08-21
2019-07-19
LITTELFUSE INC
P
2017-08-16
2019-07-19
LIBERTY PROPERTY TRUST
P
2017-08-16
2019-07-19
ISHARES 1-3 YEAR TREASURY BOND
P
2018-04-03
2019-07-19
IDEX CORP
P
2017-08-21
2019-07-19
IDEX CORP
P
2017-08-16
2019-07-19
HUNTINGTON BANCSHARES INC
P
2018-06-21
2019-07-19
HP INC
P
2017-08-16
2019-07-19
GILEAD SCIENCES INC
P
2016-02-12
2019-07-19
GILEAD SCIENCES INC
P
2015-07-29
2019-07-19
GAMING AND LEISURE PROPERTIES INC
P
2017-08-16
2019-07-19
EXTRA SPACE STORAGE INC
P
2017-09-05
2019-07-19
CUBESMART
P
2017-08-16
2019-07-19
CRANE CO
P
2017-08-16
2019-07-19
COCA-COLA CO
P
2017-08-16
2019-07-19
CISCO SYSTEMS INC
P
2014-06-05
2019-07-19
BLACKROCK INC
P
2017-08-16
2019-07-19
BGC PARTNERS INC
P
2017-08-16
2019-07-19
AVERY DENNISON CORP
P
2017-08-16
2019-07-19
AMERIPRISE FINANCIAL INC
P
2017-08-16
2019-07-19
AMERICAN ELECTRIC POWER CO INC
P
2017-08-16
2019-07-19
ALTRIA GROUP INC
P
2017-08-16
2019-07-19
AIR PRODUCTS & CHEMICALS INC
P
2017-11-13
2019-07-19
AGREE REALTY CORP
P
2017-08-16
2019-07-19
ABBVIE INC
P
2017-08-16
2019-07-19
AFLAC INC
P
2017-08-16
2019-07-19
LYONDELLBASELL INDUSTRIES NV
P
2017-08-16
2019-07-19
PACWEST BANCORP
P
2017-08-16
2019-07-25
INGREDION INC
P
2017-08-16
2019-07-25
HASBRO INC
P
2017-08-16
2019-07-25
B&G FOODS INC
P
2018-02-07
2019-07-25
B&G FOODS INC
P
2017-08-21
2019-07-25
ALLIANT ENERGY CORP
P
2017-08-16
2019-07-25
ALASKA AIR GROUP INC
P
2017-08-16
2019-07-25
LOCKHEED MARTIN CORP
P
2017-08-16
2019-07-31
ARTHUR J. GALLAGHER & CO
P
2017-08-16
2019-07-31
CISCO SYSTEMS INC
P
2014-06-05
2019-07-31
TELEFLEX INC
P
2017-08-16
2019-08-09
OMEGA HEALTHCARE INVESTORS INC
P
2018-02-06
2019-08-09
FORTIS INC
P
2017-08-16
2019-08-09
ASSURED GUARANTY LTD
P
2018-03-01
2019-08-09
JERNIGAN CAPITAL INC
P
2017-09-05
2019-08-13
MACY'S INC
P
2018-03-19
2019-08-15
LEIDOS HOLDINGS INC
P
2017-08-16
2019-08-15
WELLTOWER INC COM
P
2017-08-16
2019-08-21
MEDICAL PROPERTIES TRUST INC
P
2017-08-16
2019-08-21
ISHARES FLOATING RATE BOND ETF
P
2017-08-16
2019-08-21
ISHARES 1-3 YEAR TREASURY BOND
P
2018-04-03
2019-08-21
FIRST INDUSTRIAL REALTY TRUST INC
P
2017-08-16
2019-08-21
EXTRA SPACE STORAGE INC
P
2017-09-05
2019-08-21
EASTGROUP PROPERTIES INC
P
2017-08-16
2019-08-21
CYRUSONE INC
P
2018-07-06
2019-08-21
AMERICAN TOWER CORP
P
2017-08-16
2019-08-21
OMEGA HEALTHCARE INVESTORS INC
P
2018-02-06
2019-08-23
SNAP-ON INC
P
2017-08-16
2019-09-13
AUTOLIV INC
P
2017-08-21
2019-09-13
AUTOLIV INC
P
2017-08-16
2019-09-13
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR SA CLASS E
P
2017-08-16
2019-09-13
GARMIN LTD
P
2017-08-16
2019-09-13
CMS ENERGY CORP
P
2018-07-24
2019-09-19
CMS ENERGY CORP
P
2018-06-21
2019-09-19
FORTIS INC
P
2017-08-21
2019-09-23
FORTIS INC
P
2017-08-16
2019-09-23
EVERGY INC
P
2018-08-20
2019-09-30
TELEFLEX INC
P
2017-08-16
2019-10-01
MKS INSTRUMENTS INC
P
2018-04-06
2019-10-01
MKS INSTRUMENTS INC
P
2017-09-25
2019-10-01
ISHARES 1-3 YEAR TREASURY BOND
P
2018-04-03
2019-10-01
ALLIANT ENERGY CORP
P
2017-08-16
2019-10-08
ALLETE INC
P
2017-08-16
2019-10-08
LINCOLN ELECTRIC HOLDINGS INC
P
2017-08-16
2019-10-28
CMS ENERGY CORP
P
2018-07-24
2019-10-28
BGC PARTNERS INC
P
2017-08-21
2019-10-28
BGC PARTNERS INC
P
2017-08-16
2019-10-28
ALBEMARLE CORP
P
2018-04-03
2019-11-04
WAL-MART STORES INC
P
2017-08-16
2019-11-20
MICROSOFT CORP
P
2017-08-21
2019-11-20
MICROSOFT CORP
P
2017-05-23
2019-11-20
AIR PRODUCTS & CHEMICALS INC
P
2017-11-13
2019-11-20
US TREASURY 1.000 11/30/19 MATD
P
2017-11-22
2019-12-02
KAR AUCTION SERVICES INC
P
2017-08-21
2019-12-04
KAR AUCTION SERVICES INC
P
2017-08-16
2019-12-04
HOPE BANCORP INC
P
2017-08-21
2019-12-04
HOPE BANCORP INC
P
2017-08-16
2019-12-04
ENLINK MIDSTREAM LLC
P
2017-08-21
2019-12-05
ENLINK MIDSTREAM LLC
P
2017-08-16
2019-12-05
GARMIN LTD
P
2017-08-21
2019-12-10
GARMIN LTD
P
2017-08-16
2019-12-10
TELEFLEX INC
P
2017-08-16
2019-12-16
NEWMARK GROUP INC
P
2017-08-16
2019-12-16
GARMIN LTD
P
2017-08-21
2019-12-18
ENLINK MIDSTREAM LLC
P
2017-08-21
2019-12-19
SIMON PROPERTY GROUP INC
P
2017-08-21
2020-01-02
SIMON PROPERTY GROUP INC
P
2017-08-16
2020-01-02
LIBERTY PROPERTY TRUST
P
2017-08-21
2020-01-15
LIBERTY PROPERTY TRUST
P
2017-08-16
2020-01-15
ISHARES 1-3 YEAR TREASURY BOND
P
2018-10-02
2020-01-15
ISHARES 1-3 YEAR TREASURY BOND
P
2018-04-03
2020-01-15
LIBERTY PROPERTY TRUST
P
2017-08-21
2020-01-16
SIMON PROPERTY GROUP INC
P
2018-10-25
2020-01-31
SIMON PROPERTY GROUP INC
P
2017-08-21
2020-01-31
US TREASURY 2.250 12/31/24
P
2018-12-14
2020-02-10
US TREASURY 3.500 05/15/20 MATD
P
2018-05-17
2020-02-10
TELEFLEX INC
P
2017-08-21
2020-02-11
HUNTSMAN CORP
P
2017-08-16
2020-02-11
KULICKE & SOFFA INDUSTRIES INC
P
2018-08-01
2020-02-12
HOPE BANCORP INC
P
2017-08-21
2020-02-13
BOK FINANCIAL CORP
P
2017-08-16
2020-02-13
ALLIANT ENERGY CORP
P
2017-08-21
2020-02-18
ALLIANT ENERGY CORP
P
2017-08-16
2020-02-18
TELEFLEX INC
P
2017-08-21
2020-02-21
MICROSOFT CORP
P
2017-08-21
2020-02-21
HOPE BANCORP INC
P
2017-08-21
2020-03-10
ALLIANT ENERGY CORP
P
2017-08-21
2020-03-10
VERMILION ENERGY INC COM
P
2017-08-21
2020-03-19
VERMILION ENERGY INC COM
P
2017-08-16
2020-03-19
ARTHUR J. GALLAGHER & CO
P
2017-08-21
2020-03-19
ARTHUR J. GALLAGHER & CO
P
2017-08-16
2020-03-19
DELEK US HOLDINGS INC
P
2018-10-22
2020-03-19
CROWN CASTLE INTERNATIONAL CORP
P
2017-08-16
2020-03-19
BOK FINANCIAL CORP
P
2017-08-21
2020-03-19
VERMILION ENERGY INC COM
P
2017-08-21
2020-03-24
US TREASURY 3.500 05/15/20 MATD
P
2018-05-17
2020-03-24
THOMSON REUTERS CORP COM
P
2017-08-16
2020-03-24
NEWMARK GROUP INC
P
2018-06-06
2020-03-24
NEWMARK GROUP INC
P
2017-08-21
2020-03-24
NEWMARK GROUP INC
P
2017-08-16
2020-03-24
KULICKE & SOFFA INDUSTRIES INC
P
2018-12-28
2020-03-24
KULICKE & SOFFA INDUSTRIES INC
P
2018-08-01
2020-03-24
HAWAIIAN HOLDINGS INC
P
2017-11-13
2020-03-24
CMS ENERGY CORP
P
2018-07-24
2020-03-24
BGC PARTNERS INC
P
2019-01-04
2020-03-24
BGC PARTNERS INC
P
2018-06-06
2020-03-24
BGC PARTNERS INC
P
2017-08-21
2020-03-24
AUTOLIV INC
P
2018-10-09
2020-03-24
AUTOLIV INC
P
2017-08-21
2020-03-24
ALASKA AIR GROUP INC
P
2017-12-06
2020-03-24
ALASKA AIR GROUP INC
P
2017-08-21
2020-03-24
ALASKA AIR GROUP INC
P
2017-08-16
2020-03-24
EPR PROPERTIES
P
2017-10-02
2020-03-25
EPR PROPERTIES
P
2017-08-21
2020-03-25
BGC PARTNERS INC
P
2019-01-04
2020-04-02
H.B. FULLER CO
P
2018-03-09
2020-04-02
AUTOLIV INC
P
2018-10-09
2020-04-06
NEWMARK GROUP INC
P
2019-03-28
2020-04-06
JP MORGAN 3.300 04/01/26
P
2018-05-22
2020-04-08
JP MORGAN 2.950 10/01/26
P
2018-05-22
2020-04-08
BLACKROCK HIGH YIELD BOND INSTL
P
2017-08-16
2020-04-09
ISHARES J.P. MORGAN EM HIGH YLD BD
P
2018-07-10
2020-04-09
ISHARES 1-3 YEAR TREASURY BOND
P
2018-10-02
2020-04-09
ISHARES FLOATING RATE BOND ETF
P
2017-08-16
2020-04-09
ISHARES FLOATING RATE BOND ETF
P
2017-08-21
2020-04-09
ISHARES FLOATING RATE BOND ETF
P
2018-07-10
2020-04-09
ISHARES FLOATING RATE BOND ETF
P
2019-01-15
2020-04-09
AMERIPRISE FINANCIAL INC
P
2017-08-16
2020-04-21
FORD MOTOR CO
P
2017-11-13
2020-04-21
BGC PARTNERS INC
P
2019-01-04
2020-04-23
FEDERAL REALTY INVESTMENT TRUST
P
2017-08-16
2020-04-23
FEDERAL REALTY INVESTMENT TRUST
P
2017-08-21
2020-04-23
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR
P
2017-08-21
2020-04-29
BANCO LATINOAMERICANO DE COMERCIO EXTERIOR
P
2017-08-16
2020-04-29
CYRUSONE INC
P
2018-07-06
2020-04-30
NATIONAL RETAIL PROPERTIES INC
P
2018-06-19
2020-05-08
LITTELFUSE INC
P
2017-08-21
2020-05-08
LEIDOS HOLDINGS INC
P
2017-08-16
2020-05-08
EASTGROUP PROPERTIES INC
P
2017-08-16
2020-05-08
DONALDSON CO INC
P
2017-08-16
2020-05-08
BANK OZK
P
2017-08-16
2020-05-08
THE HOME DEPOT INC
P
2011-09-14
2020-05-18
TERRENO REALTY CORP
P
2017-08-16
2020-05-27
NATIONAL RETAIL PROPERTIES INC
P
2018-06-19
2020-05-27
CRANE CO
P
2017-08-16
2020-05-27
US TREASURY 1.375 05/31/20 MATD
P
2017-08-22
2020-06-01
SERVICE PROPERTIES TRUST
P
2017-08-21
2020-06-02
SERVICE PROPERTIES TRUST
P
2017-08-16
2020-06-02
DELEK US HOLDINGS INC
P
2019-05-22
2020-06-04
CITIGROUP 4.450 09/29/27
P
2017-08-22
2020-06-04
DELEK US HOLDINGS INC
P
2019-06-07
2020-06-08
AMERIPRISE FINANCIAL INC
P
2017-08-21
2020-06-17
AMERIPRISE FINANCIAL INC
P
2017-08-16
2020-06-17
AMERIPRISE FINANCIAL INC
P
2017-08-21
2020-06-18
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
1,866
1,816
50
b
419
415
4
c
613
491
122
d
44
52
-8
e
243
286
-43
455
455
0
315
301
14
1,018
869
149
266
240
26
282
303
-21
202
207
-5
405
447
-42
877
904
-27
540
647
-107
29,000
28,828
172
1,547
1,905
-358
251
387
-136
167
330
-163
4,336
4,244
92
474
442
32
192
259
-67
111
361
-250
74
476
-402
22
247
-225
8,035
8,014
21
161
315
-154
146
392
-246
112
260
-148
154
397
-243
136
152
-16
187
285
-98
187
252
-65
120
320
-200
2,511
2,454
57
230
425
-195
191
570
-379
58
115
-57
179
283
-104
260
446
-186
675
830
-155
139
276
-137
209
428
-219
368
445
-77
446
534
-88
2,268
2,295
-27
12,314
10,315
1,999
3,756
3,754
2
10,111
10,046
65
40
71
-31
144
202
-58
48
50
-2
1,140
491
649
597
738
-141
1,514
1,882
-368
1,067
946
121
1,086
902
184
420
382
38
250
215
35
602
687
-85
244
178
66
326
412
-86
418
390
28
292
204
88
659
519
140
498
469
29
100
96
4
357
306
51
175
179
-4
175
183
-8
355
292
63
254
251
3
496
343
153
662
464
198
404
455
-51
385
341
44
130
175
-45
195
348
-153
302
304
-2
327
235
92
466
338
128
256
229
27
568
509
59
634
270
364
946
859
87
292
402
-110
228
189
39
746
721
25
452
358
94
303
391
-88
451
325
126
317
241
76
478
494
-16
441
325
116
430
439
-9
230
275
-45
236
373
-137
244
198
46
700
1,247
-547
126
216
-90
247
210
37
255
339
-84
363
306
57
637
414
223
445
196
249
371
214
157
307
204
103
204
182
22
229
174
55
997
890
107
1,031
1,867
-836
332
230
102
267
215
52
477
330
147
407
407
0
425
417
8
1,200
946
254
605
391
214
1,232
862
370
831
739
92
1,588
981
607
608
381
227
326
302
24
159
150
9
80
77
3
203
261
-58
256
156
100
877
661
216
439
317
122
296
253
43
296
255
41
1,927
1,683
244
333
214
119
179
222
-43
357
354
3
3,730
3,673
57
269
210
59
258
222
36
276
263
13
938
708
230
183
264
-81
129
189
-60
270
359
-89
949
648
301
894
433
461
298
137
161
953
651
302
16,000
15,772
228
664
557
107
21
18
3
73
81
-8
570
649
-79
120
386
-266
281
906
-625
291
153
138
291
156
135
364
214
150
462
358
104
488
255
233
119
286
-167
1,742
1,858
-116
290
316
-26
497
334
163
1,739
1,166
573
1,356
1,328
28
4,660
4,591
69
1,062
709
353
1,734
2,345
-611
267
309
-42
8,326
7,769
557
18,084
18,044
40
378
215
163
214
256
-42
213
208
5
313
356
-43
564
574
-10
60
42
18
723
503
220
372
213
159
3,379
1,371
2,008
30
48
-18
737
591
146
42
649
-607
62
951
-889
278
234
44
625
532
93
111
376
-265
261
203
58
235
481
-246
22
309
-287
6,026
6,008
18
503
417
86
205
441
-236
106
260
-154
3
8
-5
39
41
-2
293
391
-98
185
688
-503
910
850
60
90
157
-67
313
665
-352
60
146
-86
137
248
-111
365
597
-232
558
1,358
-800
139
392
-253
112
339
-227
477
1,161
-684
365
860
-495
109
267
-158
262
546
-284
750
1,320
-570
12
33
-21
7,296
6,653
643
7,190
6,457
733
5,667
6,351
-684
550
652
-102
5,196
4,979
217
792
814
-22
1,189
1,221
-32
9,063
9,322
-259
2,971
3,033
-62
618
865
-247
1,327
3,401
-2,074
392
758
-366
1,049
1,946
-897
839
1,550
-711
325
735
-410
313
704
-391
416
359
57
229
292
-63
145
177
-32
102
57
45
218
172
46
134
142
-8
174
342
-168
246
33
213
153
107
46
428
542
-114
118
152
-34
45,000
44,960
40
388
1,442
-1,054
97
353
-256
159
289
-130
19,311
17,698
1,613
192
284
-92
602
558
44
903
865
38
1,496
1,394
102
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
50
b
4
c
122
d
-8
e
-43
0
14
149
26
-21
-5
-42
-27
-107
172
-358
-136
-163
92
32
-67
-250
-402
-225
21
-154
-246
-148
-243
-16
-98
-65
-200
57
-195
-379
-57
-104
-186
-155
-137
-219
-77
-88
-27
1,999
2
65
-31
-58
-2
649
-141
-368
121
184
38
35
-85
66
-86
28
88
140
29
4
51
-4
-8
63
3
153
198
-51
44
-45
-153
-2
92
128
27
59
364
87
-110
39
25
94
-88
126
76
-16
116
-9
-45
-137
46
-547
-90
37
-84
57
223
249
157
103
22
55
107
-836
102
52
147
0
8
254
214
370
92
607
227
24
9
3
-58
100
216
122
43
41
244
119
-43
3
57
59
36
13
230
-81
-60
-89
301
461
161
302
228
107
3
-8
-79
-266
-625
138
135
150
104
233
-167
-116
-26
163
573
28
69
353
-611
-42
557
40
163
-42
5
-43
-10
18
220
159
2,008
-18
146
-607
-889
44
93
-265
58
-246
-287
18
86
-236
-154
-5
-2
-98
-503
60
-67
-352
-86
-111
-232
-800
-253
-227
-684
-495
-158
-284
-570
-21
643
733
-684
-102
217
-22
-32
-259
-62
-247
-2,074
-366
-897
-711
-410
-391
57
-63
-32
45
46
-8
-168
213
46
-114
-34
40
-1,054
-256
-130
1,613
-92
44
38
102
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
-4,467
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
...................
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?
Yes
No
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
55,695
1,048,097
0.053139
2017
56,465
1,080,645
0.052251
2016
70,389
1,045,582
0.067320
2015
82,410
1,065,874
0.077317
2014
50,499
1,122,496
0.044988
2
Total
of line 1, column (d)
.....................
2
0.295015
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
0.059003
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
1,067,315
5
Multiply line 4 by line 3
......................
5
62,975
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
137
7
Add lines 5 and 6
........................
7
63,112
8
Enter qualifying distributions from Part XII, line 4
,.............
8
45,950
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
and enter “N/A" on line 1.
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
273
here
and 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
273
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
273
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
436
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
436
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
163
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
163
Refunded
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.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
OK
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
No
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 address
N/A
14
The books are in care of
BETH SNEED SPARKS
Telephone no.
(405) 447-4154
Located at
PO BOX 5567
NORMAN
OK
ZIP+4
730705567
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
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?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
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))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
JANE B SNEED
PRESIDENT
1.00
0
0
0
PO BOX 5567
NORMAN
,
OK
73070
ELIZABETH S SPARKS
VICE PRESIDENT
1.00
0
0
0
PO BOX 5567
NORMAN
,
OK
73070
DAVID C SNEED
ASST. VP
0.00
0
0
0
PO BOX 5567
NORMAN
,
OK
73070
THOMAS M SNEED
ASST. VP
0.00
0
0
0
PO BOX 5567
NORMAN
,
OK
73070
MARY L MARTIN
SECRETARY/TREAS.
0.00
0
0
0
PO BOX 5567
NORMAN
,
OK
73070
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
...................
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
.............
0
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
.........................
0
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
1,046,646
b
Average of monthly cash balances
.......................
1b
36,923
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
1,083,569
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
1,083,569
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
16,254
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
1,067,315
6
Minimum investment return.
Enter 5% of line 5
..................
6
53,366
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
53,366
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
273
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
273
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
53,093
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
53,093
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
53,093
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
45,950
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
45,950
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
45,950
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
53,093
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
b
From 2015
......
29,288
c
From 2016
......
19,192
d
From 2017
......
6,139
e
From 2018
......
3,784
f
Total
of lines 3a through e
........
58,403
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
45,950
a
Applied to 2018, 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 2019 distributable amount
.....
45,950
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
7,143
7,143
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
51,260
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
..........
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 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
51,260
10
Analysis of line 9:
a
Excess from 2015
....
22,145
b
Excess from 2016
....
19,192
c
Excess from 2017
....
6,139
d
Excess from 2018
....
3,784
e
Excess from 2019
....
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
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
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.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
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)
a
Paid during the year
CAMP LOUGHRIDGE
4900 WEST 71ST STREET
TULSA
,
OK
74131
NONE
PC
GENERAL
1,000
COMMUNITY FOOD BANK
1304 NORTH KENOSHA AVE
TULSA
,
OK
74106
NONE
PC
GENERAL
100
COMMUNITY FOUNDATION OF TETON VALLEY
P O BOX 1523
DRIGGS
,
ID
83422
NONE
PC
GENERAL
1,000
FIRST PRESBYTERIAN CHURCH
709 SOUTH BOSTON
TULSA
,
OK
74119
NONE
PC
GENERAL
20,200
MEALS ON WHEELS
12620 E 31ST STREET
TULSA
,
OK
74146
NONE
PC
GENERAL
100
METROPOLITAN OPERA OF TULSA
1610 S BOULDER
TULSA
,
OK
74119
NONE
PC
GENERAL
75
MILLS COLLEGE
5000 MACARTHUR BLVD
OAKLAND
,
CA
94613
NONE
PC
GENERAL
1,500
OETA
P O BOX 960022
OKLAHOMA CITY
,
OK
71398
NONE
PC
GENERAL
300
PETRA KIDS MINISTRIES
P O BOX 900751
TULSA
,
OK
74170
NONE
PC
GENERAL
500
PHILBROOK ART MUSEUM
2727 S ROCKFORD
TULSA
,
OK
74103
NONE
PC
GENERAL
2,500
SALVATION ARMY
924 SOUTH HUDSON
TULSA
,
OK
74112
NONE
PC
GENERAL
250
TULSA BALLET
1212 E 45TH PL
TULSA
,
OK
74105
NONE
PC
GENERAL
3,500
TULSA COMMUNITY FOUNDATION
7020 S YALE AVE STE 200
TULSA
,
OK
74136
NONE
PC
GENERAL
10,000
TULSA LIBRARY TRUST
400 CIVIC CENTER
TULSA
,
OK
74103
NONE
PC
GENERAL
175
TULSA OPERA INC
1610 S BOULDER
TULSA
,
OK
74119
NONE
PC
GENERAL
2,250
TULSA SYMPHONY ORCHESTRA
117 N BOSTON AVE 201
TULSA
,
OK
74103
NONE
PC
GENERAL
2,500
Total
.................................
3a
45,950
b
Approved for future payment
Total
.................................
3b
0
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.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
10,179
4
Dividends and interest from securities
....
14
20,856
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
14
2,914
8
Gain or (loss) from sales of assets other than
inventory
............
18
-4,467
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
29,482
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
29,482
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
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?
...........
Yes
No
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.
May the IRS discuss this return
with the preparer shown below
(see instr.)
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's Signature
Date
Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address
Phone no.
Form
990-PF
(2019)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description