-
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
01-01-2019
, and ending
12-31-2019
Name of foundation
ZACHARY SMITH REYNOLDS TRUST
Number and street (or P.O. box number if mail is not delivered to street address)
116 ALLEGHENY CENTER MALL P8YB3502L
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH
,
PA
15212
A Employer identification number
52-6021749
B
Telephone number (see instructions)
(412) 762-9161
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)
$
209,440,726
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
4
Dividends and interest from securities
...
4,694,958
4,693,895
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
7,613,188
b
Gross sales price for all assets on line 6a
114,294,645
7
Capital gain net income (from Part IV, line 2)
...
7,613,188
8
Net short-term capital gain
.........
0
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
1,293
-22,649
12
Total.
Add lines 1 through 11
........
12,309,439
12,284,434
13
Compensation of officers, directors, trustees, etc.
346,094
311,484
34,609
14
Other employee salaries and wages
......
0
0
0
15
Pension plans, employee benefits
.......
0
0
16a
Legal fees (attach schedule)
.........
0
b
Accounting fees (attach schedule)
.......
c
Other professional fees (attach schedule)
....
0
17
Interest
...............
0
18
Taxes (attach schedule) (see instructions)
...
286,873
16,931
0
19
Depreciation (attach schedule) and depletion
...
0
0
20
Occupancy
..............
21
Travel, conferences, and meetings
.......
0
0
22
Printing and publications
..........
0
0
23
Other expenses (attach schedule)
.......
119,799
133,807
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
752,766
462,222
0
34,609
25
Contributions, gifts, grants paid
.......
9,818,150
9,818,150
26
Total expenses and disbursements.
Add lines 24 and 25
10,570,916
462,222
0
9,852,759
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
1,738,523
b
Net investment income
(if negative, enter -0-)
11,822,212
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
2
Savings and temporary cash investments
.........
23,829,852
18,281,404
18,281,404
3
Accounts receivable
Less: allowance for doubtful accounts
0
0
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
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
10a
Investments—U.S. and state government obligations (attach schedule)
8,249,883
11,195,119
11,545,745
b
Investments—corporate stock (attach schedule)
.......
15,956,871
30,960,470
37,750,006
c
Investments—corporate bonds (attach schedule)
.......
3,025,044
6,712,748
6,910,867
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
122,764,058
111,963,542
134,952,704
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
3,250,000
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
177,075,708
179,113,283
209,440,726
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
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
........
176,210,106
178,120,849
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
865,602
992,434
29
Total net assets or fund balances
(see instructions)
.....
177,075,708
179,113,283
30
Total liabilities and net assets/fund balances
(see instructions)
.
177,075,708
179,113,283
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
177,075,708
2
Enter amount from Part I, line 27a
.....................
2
1,738,523
3
Other increases not included in line 2 (itemize)
3
299,052
4
Add lines 1, 2, and 3
..........................
4
179,113,283
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
179,113,283
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
200000. USA TREASURY NOTES 02.375% DUE 04/30/2020
2018-12-19
2019-01-02
b
1350. AIA GROUP LTD SPONSORED ADR
2018-08-20
2019-01-03
c
2372. FRESENIUS MED CARE SPONSORED ADR
2019-01-03
d
52822. ISHARES MSCI USA VALUE FACTOR ETF
2017-12-05
2019-01-03
e
59363. ISHARES MSCI USA VALUE FACTOR ETF
2018-03-02
2019-01-03
313152.401 T ROWE PRICE INSTITUTIONAL FLOATING RATE FUND
2019-01-03
165000. USA TREASURY NOTES 02.000% DUE 02/15/2025
2019-01-04
35000. USA TREASURY NOTES 02.000% DUE 08/15/2025
2018-11-26
2019-01-04
3075. APPLE INC
2019-01-15
24474. SPDR GOLD TRUST ETF
2019-01-15
7857. SPDR GOLD TRUST ETF
2018-04-03
2019-01-15
1254. WEIBO CORP-SPON ADR ADR SEDOL BLLJ4H7
2019-01-22
4613. FANUC CORP ADR
2018-08-20
2019-01-23
310. EPAM SYSTEMS INC
2017-03-06
2019-01-24
881. POWER INTEGRATIONS INC
2019-01-24
695. SUN HYDRAULICS CORP NAME CHANGE 6/17/2019
2018-02-02
2019-01-24
247. SUN HYDRAULICS CORP NAME CHANGE 6/17/2019
2017-08-10
2019-01-24
7243. ISHARES MSCI USA MOMENTUM FACTOR ETF
2018-01-08
2019-01-30
21997. SPDR & S&P RETAIL ETF
2017-12-19
2019-01-30
19282. SPDR & S&P RETAIL ETF
2018-08-15
2019-01-30
22287. SPDR PHARMACEUTICALS ETF
2019-01-30
6680. VANGUARD MID CAP ETF
2017-03-15
2019-01-30
83513. VANGUARD VALUE ETF
2018-12-31
2019-01-30
13794. VANGUARD SMALL CAP ETF
2019-01-30
331. ALPHABET INC/CA-CL A
2016-11-15
2019-02-01
1374. AMGEN INC
2016-11-22
2019-02-01
628. BIOGEN INC
2016-11-22
2019-02-01
229. EPAM SYSTEMS INC
2019-02-01
1596. HOME DEPOT INC COM
2017-09-07
2019-02-01
3919. MARATHON PETROLEUM CORP
2017-10-03
2019-02-01
3881. SOUTHWEST AIRLINES COM
2017-08-31
2019-02-01
1058. WRIGHT MEDICAL GROUP N V ORD SEDOL BZ2JCC5
2017-06-30
2019-02-01
1285. MONDELEZ INTERNATIONAL
2019-02-01
2019-02-04
1792. NASPERS LTD ADR
2018-08-20
2019-02-04
324519.7 T ROWE PRICE INSTITUTIONAL FLOATING RATE FUND
2019-02-05
1766. BLACKBAUD INC
2019-02-08
85000. ANHEUSER-BUSCH INBEV FIN CALL 11/01/2025 @ 100.000 COGT
2019-02-11
800.524 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.
2010-06-01
2019-02-12
276. EPAM SYSTEMS INC
2013-10-11
2019-02-15
1. COUNTRYWIDE CAPITAL PFD 7.0% 11/01/36
2001-01-01
2019-02-20
13421. VANGUARD CONSUMER STAPLES ETF
2019-02-20
27027. VANGUARD FINANCIALS ETF
2019-02-27
5537. DIPLOMAT PHARMACY INC
2019-02-28
2291. INSTALLED BUILDING PRODUCTS
2019-02-28
.8 MULTICHOICE GROUP LTD - ADR ADR SEDOL BJLKFN9
2019-03-04
2019-03-05
904. XPO LOGISTICS INC
2019-02-01
2019-03-05
281. CANADIAN NATL RAILWAY CO SEDOL 2210959
2018-08-20
2019-03-06
2153. GRUPO FIN BANORTE SPON ADR
2019-03-06
1394. LVMH MOET HENNESSY LOUIS ADR
2019-03-06
1120. TENARIS SA ADR
2019-03-06
9850. VANGUARD CONSUMER DISCRETIONARY ETF
2019-03-12
19642. VANGUARD SMALL CAP ETF
2011-01-06
2019-03-12
3000000. USA TREASURY BILLS DTD 09/13/2018 DUE 03/14/2019
2000-12-31
2019-03-14
1403. HEALTH CARE SERVICES GROUP INC
2019-03-19
1. PFIZER INC XXX-XX-XXXX
2001-01-01
2019-03-20
3159. AIR LIQUIDE ADR
2018-08-20
2019-03-27
330. DASSAULT SYSTEMS SA SPON ADR
2018-08-20
2019-03-27
3487. ITAU UNIBANCO BANCO HOLDING SPONSERED ADR
2018-08-20
2019-03-27
1340. ROYAL DUTCH SHELL PLC ADR B
2019-03-27
788.135 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.
2010-06-01
2019-03-31
597. AAR CORP
2018-08-31
2019-04-11
54. ALAMO GROUP INC
2018-04-05
2019-04-11
47. ALLEGIANT TRAVEL CO
2018-05-04
2019-04-11
451. AMERISAFE INC
2018-05-18
2019-04-11
773. AMERIS BANCORP
2019-04-11
1089. AMNEAL PHARMACEUTICALS INC
2019-04-11
309. ATRICURE INC
2018-10-12
2019-04-11
320. BALCHEM CORP CL B
2014-09-17
2019-04-11
413. CAMBREX CORP COM
2017-08-08
2019-04-11
397. CANTEL MEDICAL CORP
2019-03-19
2019-04-11
950. CATALENT INC
2018-04-02
2019-04-11
283. CATHAY GENERAL BANCORP
2019-04-11
400. CENTRAL GARDEN & PET CO
2018-03-02
2019-04-11
134. CENTRAL GARDEN AND PET CO CL A
2018-08-07
2019-04-11
268. CHURCHILL DOWNS INC COM
2019-03-05
2019-04-11
375. CHUY'S HOLDINGS INC
2018-05-10
2019-04-11
530. COHEN & STEERS INC
2013-11-18
2019-04-11
251. COMPASS MINERALS INTL INC
2019-04-11
277. DRILL-QUIP INC
2013-11-18
2019-04-11
636. ENTEGRIS, INC
2019-01-24
2019-04-11
224. EPAM SYSTEMS INC
2019-04-11
335. EXLSERVICE HOLDINGS INC
2019-04-11
621. FIVE BELOW
2015-08-10
2019-04-11
1058. FORUM ENERGY TECHNOLOGIES INC
2019-04-11
803. GLACIER BANCORP INC
2017-12-19
2019-04-11
919. GLOBUS MEDICAL INC A
2014-05-19
2019-04-11
549. GRAND CANYON EDUCATION INC
2015-01-23
2019-04-11
188. HEALTH CARE SERVICES GROUP INC
2008-03-07
2019-04-11
1132. HEARTLAND EXPRESS INC
2013-11-18
2019-04-11
308. HUBSPOT INC
2016-08-04
2019-04-11
390. ICF INTERNATIONAL INC
2018-02-28
2019-04-11
228. ICU MED INC
2013-11-18
2019-04-11
305. IBERIBANK CORP
2013-11-18
2019-04-11
302. IDACORP INC COM
2016-10-24
2019-04-11
160. INSULET CORP
2019-03-06
2019-04-11
195. JOHN BEAN TECHNOLOGY
2017-06-30
2019-04-11
77. LHC GROUP INC
2018-09-25
2019-04-11
414. LITHIA MTRS INC CL A
2019-04-11
639. MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
2019-04-11
1531. MATADOR RESOURCES CO
2019-04-11
118. MEDIDATA SOLUTIONS INC MERGED 10/28/19 @ $92.25 P/S
2013-11-18
2019-04-11
802. MERIDIAN BANCORP INC
2017-12-28
2019-04-11
309. NATIONAL HEALTH INVS INC
2013-11-18
2019-04-11
505. NORTHWESTERN CORPORATION
2013-11-18
2019-04-11
296. OXFORD INDUSTRIES INC
2014-03-27
2019-04-11
505. PRA GROUP INC
2019-04-11
805. PACIFIC PREMIER BANCORP INC
2018-03-15
2019-04-11
465. PATRICK INDUSTRIES INC
2017-06-13
2019-04-11
375. PAYLOCITY HOLDING CORP
2018-09-19
2019-04-11
731. PEBBLEBROOK HOTEL TRUST
2017-06-30
2019-04-11
1117. PERFORMANCE FOOD GROUP CO
2018-02-09
2019-04-11
833. POLYONE CORP COM
2018-06-01
2019-04-11
194. POWER INTEGRATIONS INC
2019-04-11
495. PRIMORIS SERVICES CORP
2014-06-03
2019-04-11
263. PROASSURANCE CORPORATION
2019-04-11
237. PROOFPOINT INC
2017-06-30
2019-04-11
612. QTS REALTY TRUST INC-CL A
2019-04-11
250. RBC BEARINGS INC
2013-11-18
2019-04-11
963. RITCHIE BROS AUCTIONEERS INC SEDOL 2202729
2019-04-11
96. ROGERS CORP
2018-08-07
2019-04-11
168. SILICON LABORATORIES INC
2017-02-09
2019-04-11
1028. SILGAN HLDGS INC
2018-04-02
2019-04-11
364. SITEONE LANDSCAPE SUPPLY INC
2019-03-19
2019-04-11
764. SKYLINE CHAMPION CORP
2018-09-24
2019-04-11
1024. STAG INDUSTRIES INC
2019-04-11
505. STIFEL FINL CORP
2013-11-18
2019-04-11
400. SUN HYDRAULICS CORP NAME CHANGE 6/17/2019
2019-04-11
748. SYNEOS HEALTH INC
2018-06-28
2019-04-11
411. TEXAS CAP BANCSHARES INC
2014-04-09
2019-04-11
645. TEXAS ROADHOUSE INC
2019-04-11
330. TUPPERWARE CORP
2013-11-18
2019-04-11
458. UNITED BANKSHARES INC WEST V COM
2016-12-22
2019-04-11
745. UNIVERSAL FST PRODS INC
2013-11-18
2019-04-11
172. US ECOLOGY INC MERGED 11/01/19
2017-06-13
2019-04-11
445. VIRTUSA CORP
2018-12-31
2019-04-11
129. W D-40 CO
2008-03-07
2019-04-11
456. WEBSTER FINANCIAL CORP
2015-03-25
2019-04-11
727. WOLVERINE WORLD WIDE INC COM
2016-05-12
2019-04-11
177. HELEN OF TROY LIMITED SEDOL 2419530
2016-06-07
2019-04-11
831. WRIGHT MEDICAL GROUP N V ORD SEDOL BZ2JCC5
2019-04-11
1149. EPAM SYSTEMS INC
2019-04-12
202. MULTICHOICE GROUP LTD - ADR ADR SEDOL BJLKFN9
2019-03-04
2019-04-16
937. AIA GROUP LTD SPONSORED ADR
2018-08-20
2019-04-17
878. ALLIANZ SE SPON ADR
2018-08-20
2019-04-17
7487. BAYER A G SPONSORED ADR
2019-04-17
6075. VANGUARD MID CAP ETF
2017-03-15
2019-04-23
6433. VANGUARD SMALL CAP ETF
2011-01-06
2019-04-23
957. HEALTH CARE SERVICES GROUP INC
2008-03-07
2019-04-30
326. MEDIDATA SOLUTIONS INC MERGED 10/28/19 @ $92.25 P/S
2013-11-18
2019-04-30
1929. SCHLUMBERGER LTD COM
2019-04-30
1132. MICROCHIP TECHNOLOGY INC
2019-03-13
2019-05-01
1207. CORE LABORATORIES N V COM
2019-05-03
4712. VANGUARD INFORMATION TECHNOLOGY ETF
2019-05-07
99255. DB X-TRACKERS MSCI JAPAN HDG ETF
2017-09-27
2019-05-22
31811. VANGUARD SMALL CAP ETF
2011-01-06
2019-05-22
5049. AMNEAL PHARMACEUTICALS INC
2019-05-24
1419. CARMAX INC
2019-06-06
1540. JGC CORP UBSPONSORED ADR
2019-06-06
267. FIVE BELOW
2015-08-10
2019-06-25
202. GRAND CANYON EDUCATION INC
2019-06-25
406. MEDIDATA SOLUTIONS INC MERGED 10/28/19 @ $92.25 P/S
2019-06-25
680.531 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.
2010-06-01
2019-06-30
167. HUBSPOT INC
2016-08-04
2019-07-02
17526. VANGUARD INFORMATION TECHNOLOGY ETF
2019-07-02
1500000. GOLDMAN SACHS NKY NOTE 150% PARTICIPATION, 60% CAP
2017-12-20
2019-07-03
1. BANK OF NEW YORK MELLON CORPORATION SECURITIES
2001-01-01
2019-07-05
417. FACEBOOK INC
2019-07-08
19193. SECTOR SPDR TR SBI INT-ENERGY
2019-07-09
14715. VANGUARD CONSUMER STAPLES ETF
2019-07-09
1. BRIXMOR PROPERTY GROUP 11120U105
2001-01-01
2019-07-12
115000. MEDTRONIC INC COGT
2019-07-12
1916. TEXAS CAP BANCSHARES INC
2019-07-12
162. CROWN CASTLE INTL CORP
2019-07-12
2019-07-15
405. GENERAL MILLS INC COM
2019-07-12
2019-07-15
125. CROWN CASTLE INTL CORP
2019-07-12
2019-07-18
372. GENERAL MILLS INC COM
2019-07-12
2019-07-18
134. KIMBERLY-CLARK CORP COM
2019-07-12
2019-07-18
1963. BAYERISCHE MOTOREN-SPON ADR SEDOL BD6KTC9
2019-07-19
488. TEMENOS AG ADR SEDOL B96QTM9
2019-07-19
200000. USA TREASURY NOTES 01.125% DUE 10/31/2019
2018-12-19
2019-07-19
165000. USA TREASURY NOTES 01.375% DUE 01/31/2020
2019-07-19
406. BRITISH AMERICAN TOBBACCO PLC SPONSORED ADR
2019-07-12
2019-07-25
153. KIMBERLY-CLARK CORP COM
2019-07-12
2019-07-25
133. PROCTER & GAMBLE CO
2019-07-12
2019-07-25
222. ICU MED INC
2019-07-26
172. HELEN OF TROY LIMITED SEDOL 2419530
2016-06-07
2019-07-26
407. BRITISH AMERICAN TOBBACCO PLC SPONSORED ADR
2019-07-12
2019-07-29
1286. PROASSURANCE CORPORATION
2008-03-07
2019-07-29
144. PROCTER & GAMBLE CO
2019-07-12
2019-07-29
179. PROCTER & GAMBLE CO
2019-07-12
2019-08-02
164. PROCTER & GAMBLE CO
2019-07-12
2019-08-07
214. ICU MED INC
2009-12-04
2019-08-13
1360. MEDIDATA SOLUTIONS INC MERGED 10/28/19 @ $92.25 P/S
2019-08-13
1345. TUPPERWARE CORP
2019-08-13
2898. ASPEN PHARMACARE HL-UNSP ADR ADR SEDOL B3L9ZP6
2019-08-15
6000000. USA TREASURY BILLS DTD 08/16/2018 DUE 08/15/2019
2000-12-31
2019-08-15
50904. ISHARES MSCI USA VALUE FACTOR ETF
2019-01-30
2019-08-20
1. AMGEN INC XXX-XX-XXXX
2001-01-01
2019-08-23
165000. USA TREASURY NOTES 01.375% DUE 02/29/2020
2019-08-23
182. CROWN CASTLE INTL CORP
2019-08-28
699. PHILIP MORRIS INTERNAT-W/I
2019-08-28
418. SOUTHERN CO
2019-08-21
2019-08-28
493. SOUTHERN CO
2019-09-03
44118. ISHARES MSCI PACIFIC EX-JAPAN ETF
2019-09-04
3420. ISHARES TR S&P 500 INDEX FD
2018-03-07
2019-09-04
11061. ISHARES MSCI USA QUALITY FACTOR ETF
2017-05-30
2019-09-04
8305. ISHARES MSCI USA MOMENTUM FACTOR ETF
2018-01-08
2019-09-04
1118. AMERICAN TOWER CORP
2019-09-10
192. KIMBERLY-CLARK CORP COM
2019-07-12
2019-09-10
331. COCACOLA CO
2019-08-21
2019-09-16
818. INSULET CORP
2019-09-16
120000. AMERICAN EXPRESS CREDIT SER MTN CALL 02/01/2020
2019-09-17
750000. FIDELITY MONEY MARKET GOVT PORT CLASS 1 FD 57
2019-09-13
2019-09-17
3312. ISHARES TR S&P 500 INDEX FD
2018-03-07
2019-09-17
120000. TOYOTA MOTOR CREDIT CORP SER MTN UNSC
2019-09-17
60000. USA TREASURY NOTES 01.375% DUE 05/31/2020
2019-03-25
2019-09-17
177. CROWN CASTLE INTL CORP
2019-07-12
2019-09-19
1027. ALTRIA GROUP INC
2019-07-12
2019-09-23
1. MANULIFE ONTARIO 56501R106
2001-01-01
2019-09-23
164. CROWN CASTLE INTL CORP
2019-07-12
2019-09-30
990. TOTAL FINA S A
2019-09-30
655.935 HATTERAS CORE ALTERNATIVES TEI INSTITUTIONAL FUND, L.P.
2010-06-01
2019-09-30
84. TAIWAN SEMICONDUCTOR MTG CO ADR
2018-09-06
2019-10-02
450. TAIWAN SEMICONDUCTOR MTG CO ADR
2019-04-17
2019-10-02
179. PEPSICO INC COM
2019-07-12
2019-10-04
1343. TOTAL FINA S A
2019-10-04
276. UNITED PARCEL SERVICE INC CL B
2019-08-21
2019-10-04
173. PEPSICO INC COM
2019-07-12
2019-10-08
308. VENTAS INC
2019-08-21
2019-10-08
160000. SACRAMENTO CA SUBURBAN WTR DIS REF-SER A REV
2019-01-02
2019-10-11
70721.358 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2019-10-15
70571.63 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2019-02-27
2019-10-16
2700000. FIDELITY MONEY MARKET GOVT PORT CLASS 1 FD 57
2019-09-13
2019-10-17
.7 AIR LIQUIDE ADR
2018-08-20
2019-10-18
310. TAIWAN SEMICONDUCTOR MTG CO ADR
2018-09-06
2019-10-18
3000000. SPECIAL ASSETS TEMPORARY INVESTMENTS
2019-10-17
2019-10-18
2059. CAMBREX CORP COM
2019-10-21
182. CHURCHILL DOWNS INC COM
2019-10-21
325. FIVE BELOW
2015-08-10
2019-10-21
323. LITHIA MTRS INC CL A
2015-01-29
2019-10-21
384. SILICON LABORATORIES INC
2017-02-09
2019-10-21
1245. IBERIBANK CORP
2019-11-04
118. BOOKING HOLDINGS INC
2019-11-07
3000000. USA TREASURY BILLS DTD 05/16/2019 DUE 11/14/2019
2000-12-31
2019-11-14
1. DELL COMPUTER CORP NAME CHG 7/22/03 SEE 24702R101
2001-01-01
2019-11-15
192. UNITED PARCEL SERVICE INC CL B
2019-11-19
135000. SANOFI-AVENTIS ISIN US80105NAG07 SEDOL B5NP244
2019-02-20
2019-11-21
100000. USA TREASURY NOTES 01.375% DUE 05/31/2020
2018-11-01
2019-11-21
65000. USA TREASURY NOTES 01.375% DUE 05/31/2020
2018-11-26
2019-11-21
230. UNITED PARCEL SERVICE INC CL B
2019-07-12
2019-11-25
157091.704 COHEN & STEERS PREFERRED SECURITIES AND INCOME FUND CL I
2019-11-26
2719. DISH NETWORK CORP CL A
2019-11-27
911. MOHAWK INDS INC
2019-11-27
424. LIBERTY GLOBAL PLC SERIES C SEDOL B8W67B1
2019-09-19
2019-11-27
75000. USA TREASURY NOTES 02.125% DUE 08/31/2020
2019-12-02
100000. USA TREASURY NOTES 02.375% DUE 05/15/2027
2019-02-21
2019-12-02
1. WILMINGTON TRUST XXX-XX-XXXX CLASS ACTION
2001-01-01
2019-12-05
5000000. FIDELITY MONEY MARKET GOVT PORT CLASS 1 FD 57
2019-09-13
2019-12-09
1. PETROBRAS 71654V408
2001-01-01
2019-12-09
495. COCACOLA CO
2019-12-10
188. PEPSICO INC COM
2019-07-12
2019-12-10
333. SOUTHERN CO
2019-07-12
2019-12-10
92. AMAZON.COM INC
2019-09-05
2019-12-11
3805. BP PLC SPONSORED ADR
2019-07-12
2019-12-11
857. BAIDU INC
2019-12-11
17573. BANCO BILBAO VIZCAYA ARGENTARIA S A
2019-12-11
4510. BANCO BILBAO VIZCAYA ARGENTARIA S A
2019-04-17
2019-12-11
1976. CENTRAL GARDEN & PET CO
2018-03-02
2019-12-11
3906. CENTRAL GARDEN AND PET CO CL A
2019-12-11
1265. CHEVRON CORPORATION
2019-07-12
2019-12-11
1863. CHINA MOBILE HK LTD SPON ADR
2019-03-28
2019-12-11
434. COHEN & STEERS INC
2013-11-18
2019-12-11
3591. COMCAST CORPORATION CL A
2019-12-11
598. COMPASS MINERALS INTL INC
2013-11-18
2019-12-11
1032. DENTSU GROUP INC ADR SEDOL B2RB0M1
2019-01-23
2019-12-11
323. DRILL-QUIP INC
2019-12-11
1976. EXXON MOBIL CORP
2019-07-12
2019-12-11
3642. FORUM ENERGY TECHNOLOGIES INC
2019-12-11
3547. FUCHS PETROLUB SE-PREF ADR ADR SEDOL B70BT82
2018-08-20
2019-12-11
1949. GENERAL MOTORS CO
2019-09-05
2019-12-11
2891. MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
2019-12-11
7761. MATADOR RESOURCES CO
2019-12-11
1549. OCCIDENTAL PETE CORP COM
2019-07-12
2019-12-11
3981. PACIFIC PREMIER BANCORP INC
2019-12-11
3174. POLYONE CORP COM
2017-04-27
2019-12-11
2555. PRIMORIS SERVICES CORP
2014-06-03
2019-12-11
1331. ROYAL DUTCH SHELL PLC ADR B
2018-08-20
2019-12-11
1436. SASOL LTD SPONSORED ADR
2019-12-11
1314. SCHLUMBERGER LTD COM
2019-12-11
2034. SYSMEX CORP UNSPONSORED ADR
2018-08-20
2019-12-11
841. TRIPADVISOR INC CLASS I
2019-12-11
1595. VENTAS INC
2019-07-12
2019-12-11
2366. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76
2019-07-12
2019-12-11
4242. LIBERTY GLOBAL PLC SERIES C SEDOL B8W67B1
2019-12-11
1092. WRIGHT MEDICAL GROUP N V ORD SEDOL BZ2JCC5
2015-03-17
2019-12-11
28. AMAZON.COM INC
2019-07-12
2019-12-12
807. FORTIVE CORP
2019-03-13
2019-12-12
2429. GRIFOLS S A ADR
2019-12-12
299. INTUIT SOFTWARE
2019-07-12
2019-12-12
655. LONZA GROUP AG UNSPON ADR
2018-09-06
2019-12-12
1014. NASPERS LTD ADR
2019-12-12
1014. PROSUS NV -SPON ADR SEDOL BKT6LC7
2019-09-18
2019-12-12
1163. ROCHE HOLDINGS LTD ADR
2019-12-12
182. ROPER INDS INC NEW
2019-07-12
2019-12-12
402. UNILEVER PLC W/I SPONSORED ADR
2018-08-20
2019-12-12
308. TAIWAN SEMICONDUCTOR MTG CO ADR
2018-09-06
2019-12-18
195000. ABBOTT LABORATORIES CALL 10/30/2021 @ 100.000 UNSC
2019-07-19
2019-12-19
297. CANTEL MEDICAL CORP
2019-03-19
2019-12-20
137. CANTEL MEDICAL CORP
2013-11-18
2019-12-20
288. SITEONE LANDSCAPE SUPPLY INC
2019-03-19
2019-12-20
CAPITAL GAIN DIVIDENDS
P
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
199,500
199,211
289
b
42,403
46,143
-3,740
c
74,611
116,880
-42,269
d
3,827,432
4,374,718
-547,286
e
4,301,387
4,956,199
-654,812
3,000,000
3,136,544
-136,544
160,082
155,531
4,551
33,852
32,905
947
470,218
349,735
120,483
2,982,899
2,983,751
-852
957,614
991,789
-34,175
69,149
92,536
-23,387
75,519
91,476
-15,957
42,117
22,797
19,320
55,551
44,002
11,549
23,129
39,460
-16,331
8,220
11,716
-3,496
756,304
775,723
-19,419
961,916
994,029
-32,113
843,191
989,938
-146,747
873,862
996,653
-122,791
1,000,252
932,394
67,858
8,617,611
8,162,561
455,050
1,998,035
1,067,792
930,243
372,912
256,664
116,248
257,667
196,860
60,807
205,850
182,013
23,837
32,316
12,888
19,428
295,067
250,477
44,590
258,706
251,892
6,814
224,634
201,278
23,356
31,308
28,900
2,408
59,205
58,898
307
78,871
79,726
-855
3,164,067
3,248,442
-84,375
124,635
44,642
79,993
82,444
80,460
1,984
96,559
70,014
26,545
42,360
10,469
31,891
13
13
1,894,778
1,848,141
46,637
1,811,867
1,630,455
181,412
34,396
134,000
-99,604
100,408
159,409
-59,001
5
5
43,380
55,052
-11,672
24,130
25,107
-977
58,260
74,238
-15,978
96,541
94,923
1,618
29,849
37,020
-7,171
1,649,559
1,502,215
147,344
3,009,689
1,447,077
1,562,612
2,986,703
2,986,703
43,411
23,741
19,670
4,582
25
4,557
79,781
77,437
2,344
47,658
51,151
-3,493
29,071
25,153
3,918
85,255
88,714
-3,459
95,238
68,930
26,308
20,101
27,698
-7,597
5,308
6,153
-845
6,432
7,486
-1,054
26,293
27,504
-1,211
27,258
37,693
-10,435
14,701
36,933
-22,232
8,587
10,259
-1,672
30,918
18,071
12,847
15,541
23,169
-7,628
27,327
26,947
380
37,734
39,159
-1,425
10,000
8,793
1,207
10,324
15,952
-5,628
3,156
5,308
-2,152
24,822
24,412
410
7,918
11,207
-3,289
24,132
20,967
3,165
14,480
20,092
-5,612
12,715
31,668
-18,953
25,128
19,740
5,388
38,570
8,313
30,257
20,080
17,045
3,035
82,011
23,233
58,778
5,988
31,303
-25,315
33,401
32,204
1,197
43,683
22,873
20,810
64,946
24,496
40,450
6,446
2,636
3,810
22,096
20,258
1,838
51,683
17,651
34,032
29,516
22,551
6,965
51,605
14,186
37,419
22,694
18,629
4,065
29,768
22,878
6,890
15,055
14,767
288
19,330
19,007
323
8,331
7,837
494
39,134
37,613
1,521
10,718
25,904
-15,186
29,017
37,927
-8,910
8,879
6,588
2,291
13,266
16,942
-3,676
24,066
18,996
5,070
35,214
22,716
12,498
23,176
21,898
1,278
13,635
21,002
-7,367
23,180
36,225
-13,045
22,952
24,340
-1,388
32,559
30,404
2,155
22,825
24,050
-1,225
45,048
34,853
10,195
25,548
35,739
-10,191
14,391
8,630
5,761
10,667
14,403
-3,736
9,339
12,054
-2,715
28,652
20,694
7,958
28,311
36,107
-7,796
32,020
16,754
15,266
32,493
31,021
1,472
16,024
12,826
3,198
14,810
12,563
2,247
30,867
28,834
2,033
22,180
20,353
1,827
15,424
23,557
-8,133
30,218
27,749
2,469
29,073
22,377
6,696
20,344
18,965
1,379
37,947
35,429
2,518
23,825
25,780
-1,955
39,210
17,362
21,848
8,771
29,989
-21,218
17,443
21,442
-3,999
23,928
12,926
11,002
10,051
9,015
1,036
24,995
18,402
6,593
21,059
3,870
17,189
24,415
16,622
7,793
26,144
13,243
12,901
21,040
18,549
2,491
25,096
21,924
3,172
197,372
41,049
156,323
1,784
1,337
447
38,109
32,027
6,082
21,081
18,631
2,450
130,019
172,039
-42,020
1,009,577
847,949
161,628
1,015,042
473,936
541,106
31,903
13,416
18,487
29,657
18,201
11,456
82,094
84,659
-2,565
113,107
98,297
14,810
72,626
82,745
-10,119
987,572
685,500
302,072
3,840,295
4,034,041
-193,746
4,851,227
2,343,599
2,507,628
40,921
128,568
-87,647
113,234
96,618
16,616
39,846
60,061
-20,215
32,813
9,989
22,824
23,574
5,173
18,401
36,854
15,312
21,542
86,577
59,519
27,058
28,956
9,571
19,385
3,744,438
2,266,621
1,477,817
1,392,937
1,500,000
-107,063
25
25
81,203
75,157
6,046
1,211,038
1,294,187
-83,149
2,221,820
1,964,508
257,312
911
25
886
118,302
115,368
2,934
113,853
111,115
2,738
21,662
21,405
257
21,488
21,663
-175
15,734
16,516
-782
19,735
19,898
-163
18,308
18,524
-216
48,668
61,659
-12,991
85,242
82,096
3,146
199,570
197,633
1,937
164,452
162,279
2,173
15,310
14,713
597
20,849
21,150
-301
14,935
15,231
-296
55,774
8,827
46,947
25,570
18,025
7,545
15,205
14,750
455
47,912
33,068
14,844
16,646
16,491
155
20,824
20,499
325
18,761
18,781
-20
35,841
7,529
28,312
124,166
26,030
98,136
18,281
72,775
-54,494
12,693
52,408
-39,715
5,859,545
5,859,545
3,975,744
3,985,274
-9,530
1,750
25
1,725
164,588
162,051
2,537
26,598
25,407
1,191
51,881
58,254
-6,373
24,149
24,105
44
29,292
28,003
1,289
1,972,148
2,009,107
-36,959
1,009,431
932,724
76,707
1,008,856
820,277
188,579
1,010,263
889,463
120,800
242,852
228,276
14,576
25,229
26,542
-1,313
17,768
17,996
-228
116,233
67,351
48,882
120,054
118,371
1,683
750,000
750,000
999,407
903,269
96,138
120,047
118,615
1,432
59,770
59,280
490
24,987
23,387
1,600
42,301
51,062
-8,761
85
25
60
22,832
21,669
1,163
51,450
56,011
-4,561
83,264
57,368
25,896
3,904
3,690
214
20,914
19,902
1,012
24,975
23,887
1,088
65,886
72,449
-6,563
32,410
32,124
286
23,756
23,087
669
22,572
22,340
232
161,331
160,054
1,277
1,000,000
955,675
44,325
1,000,000
947,777
52,223
2,700,000
2,700,000
18
16
2
15,350
13,618
1,732
3,000,000
3,000,000
122,521
111,448
11,073
24,213
14,510
9,703
43,407
12,159
31,248
42,350
28,343
14,007
41,897
28,715
13,182
95,169
73,206
21,963
219,596
208,169
11,427
2,965,933
2,965,933
132
25
107
23,141
20,613
2,528
138,856
137,291
1,565
99,875
97,781
2,094
64,919
63,621
1,298
27,651
24,309
3,342
2,238,557
2,096,549
142,008
94,283
95,629
-1,346
128,531
110,527
18,004
9,069
11,204
-2,135
75,255
74,079
1,176
104,172
98,008
6,164
571
25
546
5,000,000
5,000,000
1,310
25
1,285
26,658
26,780
-122
25,644
25,088
556
20,102
18,660
1,442
160,350
168,929
-8,579
138,919
157,261
-18,342
99,951
191,775
-91,824
91,555
109,066
-17,511
23,497
29,122
-5,625
57,409
78,802
-21,393
107,100
142,014
-34,914
147,309
159,567
-12,258
71,413
95,740
-24,327
28,661
17,169
11,492
151,094
166,603
-15,509
34,211
43,717
-9,506
38,142
49,336
-11,194
14,377
33,663
-19,286
136,420
153,575
-17,155
4,858
103,715
-98,857
39,761
49,977
-10,216
68,660
76,195
-7,535
73,870
111,065
-37,195
117,205
176,783
-59,578
58,226
80,096
-21,870
130,923
167,599
-36,676
98,732
128,218
-29,486
56,974
74,343
-17,369
76,198
87,673
-11,475
26,422
52,343
-25,921
50,496
82,447
-31,951
69,866
82,784
-12,918
24,365
32,144
-7,779
89,686
109,545
-19,859
40,363
47,699
-7,336
87,525
111,311
-23,786
32,124
28,564
3,560
49,199
56,446
-7,247
61,146
66,787
-5,641
55,119
50,594
4,525
76,025
83,490
-7,465
22,321
20,770
1,551
28,720
41,675
-12,955
13,468
16,209
-2,741
44,532
39,378
5,154
63,592
69,528
-5,936
23,991
22,830
1,161
18,149
13,530
4,619
198,845
195,000
3,845
21,050
20,159
891
9,710
4,860
4,850
25,319
16,103
9,216
142,891
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
289
b
-3,740
c
-42,269
d
-547,286
e
-654,812
-136,544
4,551
947
120,483
-852
-34,175
-23,387
-15,957
19,320
11,549
-16,331
-3,496
-19,419
-32,113
-146,747
-122,791
67,858
455,050
930,243
116,248
60,807
23,837
19,428
44,590
6,814
23,356
2,408
307
-855
-84,375
79,993
1,984
26,545
31,891
13
46,637
181,412
-99,604
-59,001
-11,672
-977
-15,978
1,618
-7,171
147,344
1,562,612
19,670
4,557
2,344
-3,493
3,918
-3,459
26,308
-7,597
-845
-1,054
-1,211
-10,435
-22,232
-1,672
12,847
-7,628
380
-1,425
1,207
-5,628
-2,152
410
-3,289
3,165
-5,612
-18,953
5,388
30,257
3,035
58,778
-25,315
1,197
20,810
40,450
3,810
1,838
34,032
6,965
37,419
4,065
6,890
288
323
494
1,521
-15,186
-8,910
2,291
-3,676
5,070
12,498
1,278
-7,367
-13,045
-1,388
2,155
-1,225
10,195
-10,191
5,761
-3,736
-2,715
7,958
-7,796
15,266
1,472
3,198
2,247
2,033
1,827
-8,133
2,469
6,696
1,379
2,518
-1,955
21,848
-21,218
-3,999
11,002
1,036
6,593
17,189
7,793
12,901
2,491
3,172
156,323
447
6,082
2,450
-42,020
161,628
541,106
18,487
11,456
-2,565
14,810
-10,119
302,072
-193,746
2,507,628
-87,647
16,616
-20,215
22,824
18,401
21,542
27,058
19,385
1,477,817
-107,063
25
6,046
-83,149
257,312
886
2,934
2,738
257
-175
-782
-163
-216
-12,991
3,146
1,937
2,173
597
-301
-296
46,947
7,545
455
14,844
155
325
-20
28,312
98,136
-54,494
-39,715
-9,530
1,725
2,537
1,191
-6,373
44
1,289
-36,959
76,707
188,579
120,800
14,576
-1,313
-228
48,882
1,683
96,138
1,432
490
1,600
-8,761
60
1,163
-4,561
25,896
214
1,012
1,088
-6,563
286
669
232
1,277
44,325
52,223
2
1,732
11,073
9,703
31,248
14,007
13,182
21,963
11,427
107
2,528
1,565
2,094
1,298
3,342
142,008
-1,346
18,004
-2,135
1,176
6,164
546
1,285
-122
556
1,442
-8,579
-18,342
-91,824
-17,511
-5,625
-21,393
-34,914
-12,258
-24,327
11,492
-15,509
-9,506
-11,194
-19,286
-17,155
-98,857
-10,216
-7,535
-37,195
-59,578
-21,870
-36,676
-29,486
-17,369
-11,475
-25,921
-31,951
-12,918
-7,779
-19,859
-7,336
-23,786
3,560
-7,247
-5,641
4,525
-7,465
1,551
-12,955
-2,741
5,154
-5,936
1,161
4,619
3,845
891
4,850
9,216
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
7,613,188
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
9,581,422
201,544,984
0.04754
2017
9,091,726
196,791,691
0.0462
2016
9,437,697
183,303,857
0.051487
2015
9,257,485
191,670,717
0.048299
2014
9,000,506
198,313,188
0.045385
2
Total
of line 1, column (d)
.....................
2
0.238911
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
0.047782
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
198,735,395
5
Multiply line 4 by line 3
......................
5
9,495,975
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
118,222
7
Add lines 5 and 6
........................
7
9,614,197
8
Enter qualifying distributions from Part XII, line 4
,.............
8
9,852,759
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
118,222
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
118,222
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
118,222
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
356,628
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
0
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
356,628
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
238,406
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
118,224
Refunded
11
120,182
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.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
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)
MD
,
NC
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
14
The books are in care of
Telephone no.
(412) 762-9161
Located at
116 ALLEGHENY CENTER MALL
PITTSBURGH
PA
ZIP+4
15212
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
No
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
PNC BANK N A
TRUSTEE
40
346,094
116 ALLEGHENY CENTER MALL
PITTSBURGH
,
PA
15212
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
.........................
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
201,761,822
b
Average of monthly cash balances
.......................
1b
0
c
Fair market value of all other assets (see instructions)
................
1c
0
d
Total
(add lines 1a, b, and c)
.........................
1d
201,761,822
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
201,761,822
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
3,026,427
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
198,735,395
6
Minimum investment return.
Enter 5% of line 5
..................
6
9,936,770
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
9,936,770
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
118,222
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
118,222
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
9,818,548
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
9,818,548
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
9,818,548
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
9,852,759
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
0
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
9,852,759
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
118,222
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
9,734,537
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
9,818,548
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
9,818,150
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
9,852,759
a
Applied to 2018, but not more than line 2a
9,818,150
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
.....
34,609
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
0
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
9,783,939
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
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
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
Z SMITH REYNOLDS FOUNDATION
102 W THIRD STREET
WINSTONSALEM
,
NC
27101
NONE
PC
GENERAL SUPPORT
9,818,150
Total
.................................
3a
9,818,150
b
Approved for future payment
Total
.................................
3b
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
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
...........
4
Dividends and interest from securities
....
14
4,694,958
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
.....
8
Gain or (loss) from sales of assets other than
inventory
............
18
7,613,188
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
GRIFOLS S A ADR
14
22
b
ROCHE HOLDINGS LTD
14
1,271
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
12,309,439
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
12,309,439
(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