Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
Youssef and Kamel Mawardi Fund
 
Number and street (or P.O. box number if mail is not delivered to street address)301 East Colorado Blvd Ninth Floor
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Pasadena, CA91101
A Employer identification number

45-2703970
B Telephone number (see instructions)

(626) 787-1190
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,129,907J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 217,159 217,159 217,159
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 730,844
b Gross sales price for all assets on line 6a 7,641,119
7 Capital gain net income (from Part IV, line 2)... 730,857
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 42,511    
12 Total. Add lines 1 through 11........ 990,514 948,016 217,159
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 58,324      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,600      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,916 5,299    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,325      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 20,748 15,489    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 90,913 20,788   0
25 Contributions, gifts, grants paid....... 238,076 238,076
26 Total expenses and disbursements. Add lines 24 and 25 328,989 20,788   238,076
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 661,525
b Net investment income (if negative, enter -0-) 927,228
c Adjusted net income (if negative, enter -0-)... 217,159
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 57,517 14,542 14,542
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,970,212 5,033,012 4,805,146
c Investments—corporate bonds (attach schedule)....... 34,217 748,744 740,219
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........   1,556,824 1,570,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,061,946 7,353,122 7,129,907
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 4,061,946 7,353,122
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 4,061,946 7,353,122
31 Total liabilities and net assets/fund balances (see instructions). 4,061,946 7,353,122
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,061,946
2
Enter amount from Part I, line 27a .....................
2
661,525
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,629,651
4
Add lines 1, 2, and 3 ..........................
4
7,353,122
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,353,122
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 63210 FPA New Era P 2018-05-21 2018-07-02
b 8396.71 Invesco S & P Emerging markets P 2018-06-01 2018-12-26
c 2617.31 IShares LQD P 2018-02-21 2018-12-26
d 5175.13 JP Morgan Diverfied Int'l P 2018-07-08 2018-12-21
e 19317 Lord Abbott International Value P 2018-06-30 2018-12-26
4796.68 Schwab Emerging Market Equity P 2018-06-30 2018-12-26
8302.54 Schwab International Equity P 2018-02-21 2018-12-28
6587.69 Schwab Intrnational Small Cap P 2018-02-21 2018-12-28
403 Schwab Short Term US Teasury P 2018-02-21 2018-11-19
600 Schwab US Aggregate Bond P 2018-06-30 2018-12-24
306 Schwab US Large Cap P 2018-07-02 2018-07-24
2322.84 SPDR Blmbrg Barclay Int P 2018-02-21 2018-12-26
1077.87 SPDR Blmbrg Barclay High Yield P 2018-06-30 2018-03-27
3123.18 SPDR S & P 500 Small Cap P 2018-02-21 2018-12-31
982 Thornburg Invest Income P 2018-02-21 2018-12-19
306 Schwab US Large Cap P 2018-02-21 2018-07-24
1000 AT&T P 2011-09-26 2018-02-20
500 Abbvie P 2013-09-03 2018-02-20
300 Amerprise Financial P 2016-04-13 2018-02-20
3000 Apple Inc P 2017-01-01 2018-02-20
4000 Bank of America Pfd 6.204 P 2011-08-11 2018-02-20
4000 Bank of Amer Pfd 4% P 2014-07-16 2018-02-20
4000 Bank of America Corp P 2015-07-15 2018-02-20
5000 Bank of Amer DEP P 2017-01-01 2018-02-20
7 California Resources P 2017-01-01 2018-02-20
4000 Cisco Systemes P 2011-12-08 2018-02-20
4000 City Office REIT P 2014-10-07 2018-02-20
1200 Conduent P 2017-01-01 2018-02-20
1000 Dicks Sproting Goods P 2017-01-01 2018-02-20
1500 Diebold Nixddrf P 2017-01-01 2018-02-20
3000 Eagle Growth & Income P 2017-01-01 2018-02-20
2000 El Pollo Loco Holding P 2015-06-03 2018-02-20
4000 Evolving Systems P 2017-01-01 2018-02-20
1000 Expeditors Int P 2011-01-22 2018-02-20
5000 Ford Motor Company P 2017-01-01 2018-02-20
200 Frontier Comm P 2017-01-01 2018-02-20
5300 General ElectricCo P 2017-01-01 2018-02-20
2000 Galaxosmithkline P 2017-01-01 2018-02-20
4000 Gold Corp P 2017-01-01 2018-02-20
666 Gramercy Ptty Trrust P 2015-04-15 2018-02-20
500 Greenbriar Company P 2014-12-02 2018-02-20
3663 Hancock Fin Opp P 2012-04-17 2018-02-20
2000 Healthcare Trust of Amer P 2017-01-01 2018-02-20
1000 Johnson & Johnson P 2011-01-22 2018-02-20
2000 KBR P 2017-01-01 2018-02-20
5681 Lexington Realty Trust P 2014-11-07 2018-02-20
2000 LTC Properties P 2017-01-01 2018-02-20
1500 Merck P 2017-01-01 2018-02-20
3000 MFA Fin P 2011-05-05 2018-02-20
2000 Microsoft Corp P 2017-01-01 2018-02-20
4000 Morgan Stanley Pdf 4% P 2013-11-04 2018-02-20
1000 Novartis AG P 2017-01-01 2018-02-20
600 Nutrien P 2017-01-01 2018-02-20
2000 Nuveen Pfd Income P 2012-04-17 2018-02-20
3300 Nuveen Real Estate Income P 2017-01-01 2018-02-20
700 Obsidian Energy P 2017-01-01 2018-02-20
800 Oxccidental Petro P 2017-01-01 2018-02-20
2000 Pembina Pipeline P 2017-01-01 2018-02-20
1000 Qualcomm Inc P 2017-01-01 2018-02-20
2000 Regal Entertainment P 2013-09-11 2018-02-20
2000 Schnizer Ind P 2017-01-01 2018-02-20
1000 Seadrill P 2017-01-01 2018-02-20
4000 TCP Capital Corp P 2015-09-08 2018-02-20
1900 United Rentalss P 2017-01-01 2018-02-20
1000 Veerizon Communications P 2017-01-01 2018-02-20
1000 VF Corp P 2017-01-01 2018-02-20
3000 Vodafone Group P 2017-01-01 2018-02-20
1 Voya Infrastrure P 2017-01-01 2018-02-20
1800 Walgreen Company P 2017-01-01 2018-02-20
147 Disney Co P 2011-01-22 2018-02-20
1500 Xerox Corp P 2017-01-01 2018-02-20
1000 AT&T P 2010-04-21 2018-02-20
1139 AB Global RE P 2017-01-01 2018-02-20
2000 Alliance Bernstein Holdings LP P 2017-01-01 2018-02-20
2000 CVR Holdings P 2014-10-30 2018-02-20
3000 First Republic 5.5% Pfd P 2017-01-01 2018-02-20
40000 Frontier Comm P 2017-01-01 2018-02-20
1309 Lexington Realty Trust P 2000-05-16 2018-02-20
3000 MFA Fin P 2017-01-01 2018-02-20
12000 Nuveen Credit Strategies P 2011-01-22 2018-02-20
11200 Nuveen Diversifed Dividend P 2011-11-04 2018-02-20
8000 Nuveen Preferred Income P 2011-01-22 2018-02-20
1000 Verizon Communticiatons P 2017-01-01 2018-02-20
3000 Voya Infrastructure P 2011-01-22 2018-02-20
1300 Wells Fargo 5.25% Pfd P 2014-03-31 2018-02-20
700 General ElectricCo P 2010-03-16 2018-02-20
337 Hancock Opportunity P 2011-05-17 2018-02-20
4 Frontier Comm P 2017-01-01 2018-02-20
200 Nuverra Environmental Solutions P 2013-05-22 2019-12-31
Wash Sale      
(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 804,118   806,465 -2,347
b 188,672   218,441 -29,769
c 292,973   304,642 -11,669
d 259,478   307,216 -47,738
e 124,577   154,046 -29,469
111,090   135,745 -24,655
234,969   281,742 -46,773
198,921   252,560 -53,639
20,002   20,060 -58
30,242   30,522 -280
8,005   7,774 231
75,561   81,782 -6,221
38,608   39,019 -411
166,537   197,924 -31,387
19,980   21,468 -1,488
16,792   16,822 -30
36,780   28,659 8,121
59,201   21,620 37,581
47,769   29,115 18,654
520,463   158,399 362,064
102,724   93,537 9,187
93,222   87,125 6,097
127,888   71,348 56,540
103,118   97,415 5,703
130   101 29
176,931   75,524 101,407
42,466   44,167 -1,701
19,223   17,302 1,921
33,474   53,091 -19,617
23,282   48,500 -25,218
47,338   58,043 -10,705
18,740   35,525 -16,785
22,024   32,729 -10,705
61,485   53,710 7,775
53,008   80,478 -27,470
1,745   22,551 -20,806
78,195   105,515 -27,320
74,759   104,535 -29,776
52,927   71,457 -18,530
15,087   15,449 -362
26,245   25,352 893
144,522   76,079 68,443
52,664   41,620 11,044
131,145   62,648 68,497
35,364   47,597 -12,233
46,329   52,386 -6,057
75,672   74,338 1,334
82,514   85,079 -2,565
21,732   24,856 -3,124
185,761   85,532 100,229
86,954   80,268 6,686
85,657   56,616 29,041
26,816   54,135 -27,319
19,379   18,038 1,341
29,552   33,754 -4,202
7,009   114,207 -107,198
54,491   67,289 -12,798
65,499   45,203 20,296
63,757   54,338 9,419
45,901   35,373 10,528
70,192   52,797 17,395
265   41,736 -41,471
58,103   62,895 -4,792
327,923   122,877 205,046
49,069   47,733 1,336
73,737   67,902 5,835
86,168   121,888 -35,720
47,785   42,236 5,549
127,745   84,636 43,109
265,307   99,194 166,113
46,509   40,965 5,544
36,780   26,726 10,054
15,605   11,908 3,697
55,144   25,012 30,132
6,545   19,758 -13,213
73,442   62,507 10,935
35,440   33,945 1,495
10,756   11,146 -390
21,732   17,376 4,356
96,833   105,240 -8,407
138,025   129,378 8,647
77,514   82,999 -5,485
49,069   33,353 15,716
47,794   42,200 5,594
31,438   28,822 2,616
10,328   12,482 -2,154
92,187   54,833 37,354
217   2,737 -2,520
    8,163 -8,163
      13
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       -2,347
b       -29,769
c       -11,669
d       -47,738
e       -29,469
      -24,655
      -46,773
      -53,639
      -58
      -280
      231
      -6,221
      -411
      -31,387
      -1,488
      -30
      8,121
      37,581
      18,654
      362,064
      9,187
      6,097
      56,540
      5,703
      29
      101,407
      -1,701
      1,921
      -19,617
      -25,218
      -10,705
      -16,785
      -10,705
      7,775
      -27,470
      -20,806
      -27,320
      -29,776
      -18,530
      -362
      893
      68,443
      11,044
      68,497
      -12,233
      -6,057
      1,334
      -2,565
      -3,124
      100,229
      6,686
      29,041
      -27,319
      1,341
      -4,202
      -107,198
      -12,798
      20,296
      9,419
      10,528
      17,395
      -41,471
      -4,792
      205,046
      1,336
      5,835
      -35,720
      5,549
      43,109
      166,113
      5,544
      10,054
      3,697
      30,132
      -13,213
      10,935
      1,495
      -390
      4,356
      -8,407
      8,647
      -5,485
      15,716
      5,594
      2,616
      -2,154
      37,354
      -2,520
      -8,163
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 730,857
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -285,690
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017      
2016      
2015      
2014      
2013      
2
Total of line 1, column (d) .....................
2
 
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
 
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4,.............
8
 
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 18,545
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 18,545
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,545
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 147
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 18,692
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLawrence F Meyer Telephone no.bullet (626) 787-1190

    Located atbullet301 East Colorado Blvd Ninth FloorPasadenaCA ZIP+4bullet91101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Lawrence F Meyer Trustee
    17.00     		48,324    
    301 E Colorado Blvd Ninth Fl
    Pasadena,CA91101
    Carole Meyer-Rieth Trustee
    8.00     		10,000    
    301 E Colorado Blvd Ninth Fl
    Pasadena,CA91101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    173,875
    b
    Average of monthly cash balances.......................
    1b
    5,494,909
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,086,923
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,755,707
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,755,707
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    101,336
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,654,371
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    332,719
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    332,719
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    18,545
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,545
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    314,174
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    314,174
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    314,174
    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
    238,076
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    238,076
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    238,076
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 314,174
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 237,258
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 238,076
    a Applied to 2017, but not more than line 2a 237,258
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 818
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		313,356
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Youssef Kamel Mawardi Fund
    301 E Colorado Blvd Ninth Floor
    Pasadena,CA91101
    (626) 787-1190
    lfmlaw@earthlink.net
    bThe form in which applications should be submitted and information and materials they should include:
    See attached grant application form
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Awards only made to 501c(3) organizations
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Blind Childrens Center
    4120 Marathon Ave
    Los Angeles,CA90029     		None PC Support for Head Start consultant, stragetic planning consultant and operating expenses 29,250
    Aspires West Pasadena
    444 N Orange Grove Blvd
    Pasadena,CA91107     		None PC Matching grant for afterschool program $2,500 and operating expenses $10,000 10,500
    Go Philanthropic India
    350 Woolston Rd
    Pittsford,NY14534     		None PC Support for programs for fighting gender inequality and sex trafficing in India 17,000
    Pasadena Symphony Association
    2 N Lake Avenue
    Pasadena,CA91101     		None PC Support for the All City Orchestra's no cost music prograam for students. 10,000
    The Campbell Center
    6512 San Fernando Blvd
    Glendale,CA91201     		None PC Funding for the Supported Employment Program for clients with developmental disabilities. 10,000
    Big Brothers Big Sisters Inland Emp
    8880 Benson Ave Ste 112
    Montclair,CA91762     		None PC Support for "Change Futures Mentoring program" 25,000
    Council on Foundations
    2121 Crystal Drive
    Arlington,VA22202     		None PC Unrestricted support 1,200
    Southern Califonria Grantmakers
    1000 Alameda St Unit 230
    Los Angeles,CA90012     		None PC Unrestricted support 650
    Neighborhood Music School
    385 S Boyle Ave
    Los Angeles,CA90033     		None PC Low cost or no cost music lessons 20,000
    Olive Crest
    555 Technology Court Suite 3000
    Riverside,CA92507     		None PC Equipment for Wraparound Program. 16,696
    Five Acres
    760 W Mountain View St
    Altadena,CA91001     		None PC Funding for the Foster and Adoptive Family Recruitment, Training & Support Program. 30,000
    Inspire Life Skills Training
    2279 Eagle Glen Parkway Unit 112-13
    Corona,CA92883     		None   Support for counseling program 12,380
    Reaching New Heights Foundation
    453 Chestnut St Unit 203
    Riverside,CA92501     		None PC Support for Veteran Information Education Resource project. 10,300
    Center for Civic Education
    5115 Douglas Road
    Pittsford,NY14534     		None PC Support for Congressional Academy for high need high school students. 5,100
    Path of Life
    PO Box 1445
    Riverside,CA92502     		None PC Support for Employment Pipeline Program 20,000
    A Noise Within
    3352 E Foothill Blvd
    Pasadena,CA91107     		None PC Support for Classics Live! Theatre Arts Education Program. 5,000
    Love on Four Paws
    4005 Via Vico
    Rancho Palos Verdes,CA90275     		None PC Suppport to update website so it is accessible on smart phones and devices. 5,000
    Streetlights
    662 N Van Ness Ave Rm 105
    Hollywood,CA90004     		None   Production Asssistant Training Program 10,000
    Total .................................bullet 3a 238,076
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		        217,159
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....         42,511
    8 Gain or (loss) from sales of assets other than
    inventory ............     		        730,844
    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)..     990,514
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    990,514
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    David L Smith CPA 1,600 0 0 0

    TY 2018 GeneralExplanationAttachment
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF Part III Line 3 Other increases in net assetsDuring 2018, the Trustees discovered previously unknown assets belonging to the Fund. The assets were owned by Youssef Mawardi prior to his death and would have gone to the Fund under the terms of his trust and will. The assets consisted of a limited partnership interest in Archstone EIN 90-0042860 valued at $1,569,864 and cash of $992,846. Part III Line 3 - Other increases in net assetsAn adjustment for $67,121 was made to increase the cost basis of securities owned by the trust to agree to the statments provided by Charles Schwab. The adjustment is due to timing and other differences between the amounts reported on forms 1099 Div, 1099 Int and 1099B by the broker and the amounts recorded in the broker's annual account statements.

    TY 2018 OtherExpensesSchedule
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dues 2,225      
    Filing fees 60      
    Investment advisor 15,357 15,357    
    Other investment deductions 132 132    
    Phone and computer fees 2,974      


    TY 2018 OtherIncomeSchedule2
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 42,511    


    TY 2018 OtherIncreasesSchedule
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Amount
    Adjustment to reconcile cost basis of securities 67,121
    Discovered assets - see note 2,562,530


    TY 2018 TaxesSchedule
    Name:
    Youssef and Kamel Mawardi Fund
    EIN:
    45-2703970
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal Excise Tax 1,617      
    Foreign Withholding tax 5,299 5,299