Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
HENAGAN FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3330 CUMBERLAND BOULEVARD SUITE 500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30339
A Employer identification number

58-2590432
B Telephone number (see instructions)

(770) 818-0335
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$4,307,736J 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) 892,940
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 81,368 81,368  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 49,870
b Gross sales price for all assets on line 6a 1,269,929
7 Capital gain net income (from Part IV, line 2)... 49,870
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).......      
12 Total. Add lines 1 through 11........ 1,024,178 131,238  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,043 4,043   0
c Other professional fees (attach schedule).... Click to see attachment 21,097 21,097   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,706 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,236 2,236   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,082 27,376   0
25 Contributions, gifts, grants paid....... 164,243 164,243
26 Total expenses and disbursements. Add lines 24 and 25 196,325 27,376   164,243
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 827,853
b Net investment income (if negative, enter -0-) 103,862
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 375,756 325,587 325,587
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) 274,767 Click to see attachment189,890 191,445
b Investments—corporate stock (attach schedule)....... 1,353,134 Click to see attachment2,089,359 2,949,911
c Investments—corporate bonds (attach schedule)....... 507,568 Click to see attachment704,987 714,238
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 93,911 Click to see attachment107,927 126,555
14 Land, buildings, and equipment: basis bullet7,570
Less: accumulated depreciation (attach schedule) bullet7,570      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,605,136 3,417,750 4,307,736
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) Click to see attachment0 Click to see attachment1,000
23 Total liabilities (add lines 17 through 22)......... 0 1,000
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,605,136 3,416,750
30 Total net assets or fund balances (see instructions)..... 2,605,136 3,416,750
31 Total liabilities and net assets/fund balances (see instructions). 2,605,136 3,417,750
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
2,605,136
2
Enter amount from Part I, line 27a .....................
2
827,853
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,432,989
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
16,239
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,416,750
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 ALIBABA GROUP HOLDING LTD   2018-11-07 2018-12-20
b APPLE   2016-10-26 2019-01-03
c BANK OF AMERICA CORP   2016-08-30 2018-12-11
d BANK OF AMERICA CORP   2016-10-06 2018-12-11
e BANK OF AMERICA CORP   2016-08-30 2019-08-07
BANK OF AMERICA CORP   2019-01-22 2019-08-07
BERKSHIRE HATHAWAY INC.   2018-04-02 2019-05-24
BERKSHIRE HATHAWAY INC.   2018-10-16 2019-05-24
BIOGEN INC.   2017-10-05 2019-03-21
BRISTOL MYERS SQUIBB CO   2019-01-02 2019-06-17
BRISTOL MYERS SQUIBB CO   2018-11-01 2019-07-11
BRISTOL MYERS SQUIBB CO   2019-01-02 2019-07-11
CHEVRON CORPORATION   2019-06-24 2019-08-15
CISCO SYSTEMS   2019-06-07 2019-10-02
DIAGEO PLC   2018-07-30 2019-11-12
DIAGEO PLC   2019-01-02 2019-11-12
DIAGEO PLC   2019-06-24 2019-11-12
FEDEX CORPORATION   2016-06-17 2018-12-17
HEALTH EQUITY INC.   2019-01-10 2019-04-18
HEALTH EQUITY INC.   2019-02-06 2019-04-18
IONIS PHARMACEUTICALS INC.   2010-03-24 2019-08-08
JOHNSON & JOHNSON   2019-03-02 2019-10-09
JOHNSON & JOHNSON   2017-06-20 2019-10-09
JP MORGAN CHASE UNSEC 2.2% 10/22/2019   2018-06-28 2019-10-22
KONTOOR BRANDS INC   2019-03-29 2019-08-15
LAUDER ESTEE COS.   2017-04-18 2019-01-22
LAUDER ESTEE COS.   2019-01-02 2019-01-22
LAUDER ESTEE COS.   2019-06-11 2019-10-31
MERRIMACK PHARMACEUTICALS (6/28/13)   2000-05-09 2019-07-29
MONMOUTH REAL ESTATE INVST CORP   2010-06-04 2019-08-15
PALO ALTO NETWORKS INC.   2019-02-28 2019-05-23
PAYCOM SOFTWARE INC.   2019-08-08 2019-09-25
PAYCOM SOFTWARE INC.   2019-06-24 2019-10-18
PEPSICO, INC 2.25% 1/07/2019   2014-01-29 2019-01-22
ROYAL DUTCH SHELL PLC   2017-08-25 2019-08-05
ROYAL DUTCH SHELL PLC   2019-06-25 2019-08-05
SALESFORCE.COM   2018-12-10 2018-12-21
SPDR GOLD TRUST ETF   2019-02-06 2019-11-21
SPDR GOLD TRUST ETF   2019-08-15 2019-11-21
SVB FINANCIAL GROUP   2019-02-04 2019-05-28
TEXAS INSTRUMENTS INC.   2019-02-06 2019-06-13
ULTA BEAUTY INC   2018-11-08 2018-12-18
UNION PACIFIC CORP   2016-02-25 2019-07-22
UNION PACIFIC CORP   2019-06-21 2019-07-22
UNION PACIFIC CORP   2016-02-25 2019-08-30
UNITED TECHNOLOGIES CORP   2016-03-07 2019-06-13
UNITED TECHNOLOGIES CORP   2019-02-06 2019-06-13
USA TREASURY NOTES 1.25% 5/31/2019   2017-06-15 2019-05-31
USA TRESURY BILLS 5/23/2019   2018-05-24 2019-05-23
VANGUARD FTSE EMERGING MARKETS EFT   2019-02-26 2019-05-14
VANGUARD FTSE EMERGING MARKETS EFT   2019-03-01 2019-05-14
WISDOMTREE JAPAN HEDGED EQUITY ETF   2016-12-07 2019-02-26
WISDOMTREE JAPAN HEDGED EQUITY ETF   2016-12-08 2019-02-26
(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 676   763 -87
b 38,132   30,580 7,552
c 11,460   7,360 4,100
d 1,181   761 420
e 33,947   20,078 13,869
27,861   29,778 -1,917
47,628   46,078 1,550
29,139   30,481 -1,342
21,152   30,756 -9,604
31,649   34,184 -2,535
8,180   9,435 -1,255
8,764   10,177 -1,413
1,733   1,877 -144
67,691   81,767 -14,076
16,228   15,205 1,023
27,100   24,142 2,958
15,756   17,469 -1,713
27,044   24,002 3,042
2,221   1,925 296
15,296   15,801 -505
19,048   1,701 17,347
12,242   10,130 2,112
7,087   7,398 -311
35,000   34,713 287
1,927   2,478 -551
7,936   5,409 2,527
27,208   28,316 -1,108
13,436   12,819 617
2,532   6,658 -4,126
26,039   9,094 16,945
33,337   38,471 -5,134
20,377   24,006 -3,629
200   227 -27
15,000   15,000 0
42,332   41,812 520
28,837   33,415 -4,578
27,924   31,083 -3,159
2,620   2,357 263
28,955   30,084 -1,129
35,794   38,668 -2,874
23,026   22,125 901
26,498   31,665 -5,167
10,944   4,970 5,974
17,545   17,004 541
38,211   18,617 19,594
63,753   49,705 14,048
16,000   15,681 319
85,000   84,867 133
97,949   97,949 0
28,480   29,589 -1,109
12,223   12,531 -308
26,242   25,551 691
3,389   3,347 42
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       -87
b       7,552
c       4,100
d       420
e       13,869
      -1,917
      1,550
      -1,342
      -9,604
      -2,535
      -1,255
      -1,413
      -144
      -14,076
      1,023
      2,958
      -1,713
      3,042
      296
      -505
      17,347
      2,112
      -311
      287
      -551
      2,527
      -1,108
      617
      -4,126
      16,945
      -5,134
      -3,629
      -27
      0
      520
      -4,578
      -3,159
      263
      -1,129
      -2,874
      901
      -5,167
      5,974
      541
      19,594
      14,048
      319
      133
      0
      -1,109
      -308
      691
      42
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 49,870
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 165,032 3,226,433 0.051150
2016 145,282 2,869,622 0.050628
2015 138,000 2,590,557 0.053270
2014 123,133 2,488,820 0.049474
2013 122,667 2,184,840 0.056145
2
Total of line 1, column (d) .....................
2
0.260667
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
0.052133
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,078,420
5
Multiply line 4 by line 3......................
5
212,620
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,039
7
Add lines 5 and 6........................
7
213,659
8
Enter qualifying distributions from Part XII, line 4,.............
8
164,243
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 2,077
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 2,077
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,077
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 2,400
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 323
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet323 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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)
    bulletGA
    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 ofbulletBARBARA M HENAGAN Telephone no.bullet (770) 818-9521

    Located atbullet3330 CUMBERLAND BOULEVARD SUITE 500ATLANTAGA ZIP+4bullet30339
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WILLIAM F HENAGAN PRESIDENT
    2.00     		0 0 0
    35 VALLEY ROAD NW
    ATLANTA,GA303051115
    BARBARA M HENAGAN SECRETARY/TREASURER
    2.00     		0 0 0
    35 VALLEY ROAD NW
    ATLANTA,GA303051115
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,535,051
    b
    Average of monthly cash balances.......................
    1b
    605,477
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,140,528
    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
    4,140,528
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    62,108
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,078,420
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    203,921
    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
    203,921
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,077
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,077
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    201,844
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    201,844
    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
    201,844
    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
    164,243
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    164,243
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    164,243
    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 7 201,844
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 15,591
    b From 2014......  
    c From 2015...... 10,222
    d From 2016...... 3,042
    e From 2017...... 5,966
    fTotal of lines 3a through e........ 34,821
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 164,243
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 164,243
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 34,821 34,821
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		2,780
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    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).)
    WILLIAM F HENAGAN
    BARBARA M HENAGAN
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    AMIABLE INC
    3809 HARTNETT BOULEVARD
    ISLE OF PALMS,SC29451     		NONE OTHER PUBLIC CHARITY NORTH RIDING POINT CLUB 1,000
    AMIKIDS BEAUFORT
    60 HONEYBEE ISLAND ROAD
    SEABROOK,SC29940     		NONE OTHER PUBLIC CHARITY AMIKIDS CROQUET TOURNAMENT 100
    ASSOCIATION OF MARSHALL SCHOLARS INC
    12 DUNSTABLE ROAD
    CAMBRIDGE,MA02138     		NONE OTHER PUBLIC CHARITY MARSHALL CHALLENGE 1,000
    ATLANTA BOTANICAL GARDEN
    1345 PIEDMONT AVENUE NE
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY GARDEN OF EDEN BALL, MAGNOLIA CIRCLE MEMBERSHIP 14,000
    ATLANTA HISTORY CENTER
    130 WEST PACES FERRY ROAD NW
    ATLANTA,GA30305     		NONE OTHER PUBLIC CHARITY PATRON LEVEL DONATION 500
    ATLANTA SPEECH SCHOOL
    3160 NORTHSIDE PARKWAY NW
    ATLANTA,GA30327     		NONE OTHER PUBLIC CHARITY ANNUAL FUND, PROFESSIONAL DEVELOPMENT, GALA 21,168
    ATLANTA SYMPHONY ORCHESTRA
    1280 PEACHTREE STREET NE
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY 75TH ANNIVERSARY GALA 2,000
    BEAUFORT MEMORIAL HOSPITAL ENDOWMENT FOUNDATION
    PO BOX 2233
    BEAUFORT,SC29901     		NONE OTHER PUBLIC CHARITY DONATION 200
    CANTERBURY UNITED METHODIST CHURCH
    350 OVERBROOK ROAD
    MOUNTAIN BROOK,AL35213     		NONE OTHER PUBLIC CHARITY ENCORE ADULT RESPITE - IN HONOR OF VANN HENAGAN 250
    CARDINAL ROCK CHARITABLE FOUNDATION
    4 PLATT LANE
    RYE,NJ10580     		NONE OTHER PUBLIC CHARITY CHARITY GOLF FUNDRAISER 300
    CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION
    3401 CIVIC CENTER BOULEVARD
    PHILADELPHIA,PA19104     		NONE OTHER PUBLIC CHARITY HONOR OF DR. CANNING, TEACHEY, AND ONCOLOGY & HEMATOLOGY TEAM 10,000
    EAST LAKE FOUNDATION
    2606 ALSTON DRIVE SE
    ATLANTA,GA30317     		NONE OTHER PUBLIC CHARITY DONATION 1,500
    EMORY UNIVERSITY
    1762 CLIFTON ROAD SUITE 1400
    ATLANTA,GA30317     		NONE OTHER PUBLIC CHARITY DR. SHAN CHANDRAKASAN - HLH RESEARCH 25,250
    FRANCIS OUIMET CADDY SCHOLARSHIP FUND
    300 ARNOLD PALMER BOULEVARD
    NORTON,MA02766     		NONE OTHER PUBLIC CHARITY IN MEMORY OF GENEO MCAULIFFE 200
    GREAT HEIGHTS FOSTER CARE INC
    3340 PEACHTREE ROAD BUILDING 100
    ATLANTA,GA30326     		NONE OTHER PUBLIC CHARITY DONATION 300
    HONDURAS AGALTA VALLEY EDUCATION (HAVE) FOUNDATION
    1900 CENTURY PLACE SUITE 250
    ATLANTA,GA30345     		NONE OTHER PUBLIC CHARITY SILVER SPONSOR - HONDURAS HOPE 1,000
    ISLES INC
    10 WOOD STREET
    TRENTON,NJ08618     		NONE OTHER PUBLIC CHARITY IN MEMORY OF STEVE WILLIAMS 250
    LEHIGH UNIVERSITY
    27 MEMORIAL DRIVE WEST
    BETHLEHEM,PA18015     		NONE OTHER PUBLIC CHARITY LEHIGH FUND 5,000
    LEHIGH UNIVERSITY ROWING
    641 TAYLOR STREET
    BETHLEHEM,PA18015     		NONE OTHER PUBLIC CHARITY CREW OPERATING FUNDS 5,000
    LUTHER MANOR FOUNDATION
    4545 NORTH 92ND STREET
    WAUWATOSA,WI53225     		NONE OTHER PUBLIC CHARITY IN MEMORY OF LYDIA GUTEKUNST 200
    LUTHERAN IMMIGRATION AND REFUGEE SERVICES
    700 LIGHT ST
    BALTIMORE,MD21230     		NONE OTHER PUBLIC CHARITY DONATION ON BEHALF OF WILLIAM HENAGAN 1,000
    MADISON-MORGAN CULTURAL CENTER
    434 SOUTH MAIN STREET
    MADISON,GA30650     		NONE OTHER PUBLIC CHARITY MATCHING GIFT, PLATINUM MEMBERSHIP 11,000
    NORTHSIDE UNITED METHODIST CHURCH
    2799 NORTHSIDE DRIVE NW
    ATLANTA,GA30305     		NONE OTHER PUBLIC CHARITY STEWARDSHIP PLEDGE, IN MEMORY OF COLE HAGOOD 40,100
    PRINCETON DAY SCHOOL
    PO BOX 75
    PRINCETON,NJ08540     		NONE OTHER PUBLIC CHARITY ANNUAL FUND 100
    PRINCETON UNIVERSITY
    701 CARNEGIE CENTER SUITE 445
    PRINCETON,NJ08540     		NONE OTHER PUBLIC CHARITY ANNUAL FUND 1,000
    ROTARY INTERNATIONAL (ROTARY CLUB OF ATLANTA)
    40 COURTLAND STREET
    ATLANTA,GA30303     		NONE OTHER PUBLIC CHARITY ROTARY CHARITABLE FOUNDATION DONATION 325
    SANDY SPRINGS ARTS FOUNDATION
    10 GLENLAKE PARKWAY SUITE 130
    ATLANTA,GA30328     		NONE OTHER PUBLIC CHARITY DONATION TREE 5,000
    SHEPHERD CENTER FOUNDATION INC
    2020 PEACHTREE RD NW
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY DONATION 1,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE OTHER PUBLIC CHARITY IN MEMORY OF MARILYN DICOCCO 500
    ST LUKE'S UNIVERSITY HOSPITAL
    801 OSTRUM STREET
    BETHLEHEM,PA18015     		NONE OTHER PUBLIC CHARITY IN HONOR OF DR. JEFFREY JAHRE 5,000
    THE CARTER CENTER
    OFFICE OF DEVELOPMENT ONE COPENHILL
    453 FREEDOM PARKWAY
    ATLANTA,GA30307     		NONE OTHER PUBLIC CHARITY ANNUAL FUND/AMBASSADORS CIRCLE 1,500
    THE FAMILY RESOURCE NETWORK
    50 MILLSTONE ROAD BUILDING 300
    SUITE 201
    EAST WINDSOR,NJ08520     		NONE OTHER PUBLIC CHARITY FRN IMPACT AWARDS - HONOR OF JOHN SEBASTIANO 500
    THE LOVETT SCHOOL (BREAKTHROUGH ATLANTA)
    4075 PACES FERRY ROAD NW
    ATLANTA,GA30327     		NONE OTHER PUBLIC CHARITY 2019/2020 ANNUAL CAMPAIGN, TRUE BLUE ANNUAL FUND (2020) 1,000
    THE PENNSYLVANIA STATE UNIVERSITY
    2583 GATEWAY DRIVE
    STATE COLLEGE,PA16801     		NONE OTHER PUBLIC CHARITY HONOR OF TOM SHARBAUGH, HAPPY VALLEY LAUNCHBOX LEGAL CLINICS 5,000
    VANDERBILT UNIVERSITY
    VU STATION B 357727 2301 VANDERBILT
    PLACE
    NASHVILLE,TN372357727     		NONE OTHER PUBLIC CHARITY SCHOOL OF ENGINEERING 1,000
    WOODBERRY FOREST SCHOOL
    402 WOODBERRY STATION
    WOODBERRY FOREST,VA22989     		NONE OTHER PUBLIC CHARITY DONATION ON BEHALF OF DARBY HENAGAN 1,000
    Total .................................bullet 3a 164,243
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 81,368  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 49,870  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 131,238 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    131,238
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    HENAGAN FOUNDATION INC
     
    Employer identification number

    58-2590432
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number
    58-2590432
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BARBARA HENAGAN
     
    35 VALLEY ROAD
     
    ATLANTA, GA30305

    		$ 892,940


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number

    58-2590432
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 280 SHARES OF IONIS PHARMACEUTICALS, INC. $ 17,940 2019-08-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number

    58-2590432
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RSM US LLP - ACCOUNTING AND TAX RETURN PREPARATION 4,043 4,043   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BRANCH BANKING & TRUST 49,425 50,005
    CSX CORP 105,135 105,912
    HONEYWELL INTL 20,112 21,074
    HUBBELL INC 25,559 25,879
    ILLINOIS TOOL WORKS INC 105,546 105,749
    ISHARES 3-7 YEAR 37,825 37,893
    ISHARES SHORT-TERM CORPORATE BOND ETF 84,447 85,904
    ISHARES TIPS BONDS 58,519 61,565
    KIMBERLY-CLARK CORP 25,130 25,276
    LOCKHEED MARTIN CORP. 20,105 20,477
    ORACLE CORP 25,065 25,322
    PNC FINANCIAL SERVICES 15,838 15,663
    RAYTHEON COMPANY 15,057 15,166
    SPDR PORTFOLIO ST CORP. BOND ETF 30,650 30,850
    UNITED PARCEL SERVICE 25,126 25,398
    UNITED TECHNOLOGIES CORP NOTES 25,353 25,672
    US BANCO RP 14,918 15,357
    US BANCO RP 21,177 21,076

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES INC 40,570 85,450
    ALIBABA GROUP HOLDING 35,083 45,800
    ALPHABET INC 94,577 163,011
    AMAZON 13,865 36,016
    BLACKSTONE GROUP INC. 90,069 91,632
    BLACKSTONE MORTGAGE TRUST 47,688 61,648
    BRISTOL MYERS SQUIBB CO 69,830 74,136
    BROADCOM INC. 73,583 94,863
    CHEVRON CORP. 63,731 70,278
    CHUBB LTD 63,164 59,986
    COCA-COLA CO. 109,761 128,801
    DIAGEO PLC 34,747 42,821
    EXTRA SPACE STORAGE INC. 78,939 89,506
    HEALTHEQUITY INC 36,359 37,734
    HOME DEPOT INC. 74,658 88,204
    INGERSOLL-RAND PLC 90,203 91,646
    INTUITIVE SURGICAL INC 38,938 48,025
    JOHNSON & JOHNSON 30,069 38,772
    JP MORGAN CHASE 93,323 162,328
    LAUDER ESTEE COS INC 30,191 64,114
    LINDE PLC 63,713 62,894
    LOCKHEED MARTIN CORP. 29,696 48,879
    MASTERCARD INC. CL A 32,775 133,549
    MATTHEWS EMERGING ASIA-INST 37,857 37,521
    MICROSOFT CORP 51,335 141,843
    PAYCOM SOFTWARE INC 37,366 55,085
    PAYPAL HOLDINGS INC 37,929 49,253
    PERFORMANCE FOOD GROUP CO 60,196 70,590
    PROCTER & GAMBLE CO 83,526 92,888
    RAYTHEON COMPANY 73,854 119,798
    STRYKER CORP 94,784 120,048
    SYSCO CORP 66,679 94,244
    TEXAS INSTRUMENTS INC. 38,850 66,236
    THERMO FISHER SCIENTIFIC INC. 47,705 113,022
    V-F CORP 37,211 40,286
    WASTE MANAGEMENT INC. 53,547 89,086
    WISDOMTREE INDIA EARNINGS FUND 32,988 39,918

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    US Government Securities - End of Year Book Value:

    189,890
    US Government Securities - End of Year Fair Market Value:

    191,445
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SPDR GOLD TRUST AT COST 107,927 126,555

    TY 2018 OtherDecreasesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Description Amount
    FAIR MARKET VALUE IN EXCESS OF COST 16,239


    TY 2018 OtherExpensesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REIMBURSED EXPENSES 30 30   0
    BOND AMORTIZATION 2,079 2,079   0
    CHECK RE-ORDER 29 29   0
    BANK FEES 15 15   0
    PROCESSING FEES 13 13   0
    LINX PARTNERS - FILE SHARING AND STORAGE SERVICE 70 70   0


    TY 2018 OtherLiabilitiesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARD LIABILITY 0 1,000


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC WEALTH MANAGEMENT - INVESTMENT FEES 5,560 5,560   0
    MOODY LYNN - INVESTMENT FEES 15,537 15,537   0


    TY 2018 TaxesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN:
    58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 2,306 0   0
    FEDERAL ESTIMATED PAYMENTS 2,400 0   0