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 11-01-2018 , and ending 10-31-2019
Name of foundation
The Vijay R Sanghvi Family Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

46-4108329
B Telephone number (see instructions)

(800) 839-1754
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$9,501,327J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,086 10,086  
4 Dividends and interest from securities... 139,705 139,705  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 217,414
b Gross sales price for all assets on line 6a 5,440,791
7 Capital gain net income (from Part IV, line 2)... 217,414
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........ 367,205 367,205  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 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 3,500 0 0 3,500
c Other professional fees (attach schedule).... Click to see attachment 71,806 71,806    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,410 2,739    
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 23,091 892   22,199
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 120,807 75,437 0 25,699
25 Contributions, gifts, grants paid....... 418,955 418,955
26 Total expenses and disbursements. Add lines 24 and 25 539,762 75,437 0 444,654
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -172,557
b Net investment income (if negative, enter -0-) 291,768
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............. 597    
2 Savings and temporary cash investments......... 423,714 320,124 320,124
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) 402,390 Click to see attachment949,060 961,686
b Investments—corporate stock (attach schedule)....... 5,566,095 Click to see attachment7,734,726 8,118,488
c Investments—corporate bonds (attach schedule)....... 144,712 Click to see attachment98,658 101,029
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,717,823    
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) 9,255,331 9,102,568 9,501,327
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 9,255,331  
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds   9,102,568
30 Total net assets or fund balances (see instructions)..... 9,255,331 9,102,568
31 Total liabilities and net assets/fund balances (see instructions). 9,255,331 9,102,568
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
9,255,331
2
Enter amount from Part I, line 27a .....................
2
-172,557
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
19,794
4
Add lines 1, 2, and 3 ..........................
4
9,102,568
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
9,102,568
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(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 5,440,791   5,223,377 217,414
b
c
d
e
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       217,414
b
c
d
e
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 2 217,414
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 308,291 9,545,663 0.032296
2016 147,287 6,205,028 0.023737
2015 43,750 3,377,528 0.012953
2014 4,468 97,939 0.04562
2013 7,391 93,936 0.078681
2
Total of line 1, column (d) .....................
2
0.193287
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
0.038657
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,355,535
5
Multiply line 4 by line 3......................
5
361,657
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,918
7
Add lines 5 and 6........................
7
364,575
8
Enter qualifying distributions from Part XII, line 4,.............
8
444,654
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 2,918
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 2,918
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 2,918
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 15,504
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 15,504
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
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 12,586
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,000 RefundedBullet 11 9,586
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
 
 
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)
    bulletOH
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Arun Sanghvi Trustee, Treas
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Rupal Sanghvi Trustee, Pres
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sejal Sanghvi Trustee, Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    eyink leahy group Investment Mgmt 71,806
    5905 e galbraith rd ste 7000
    CINCINNATI,OH45236
    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
    8,850,695
    b
    Average of monthly cash balances.......................
    1b
    647,310
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,498,005
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    9,498,005
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    142,470
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,355,535
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    467,777
    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
    467,777
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,918
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,918
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    464,859
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    464,859
    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
    464,859
    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
    444,654
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    444,654
    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
    2,918
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    441,736
    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 7 464,859
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 428,463
    b Total for prior years:2016, 2015, 2014  
    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$ 444,654
    a Applied to 2017, but not more than line 2a 428,463
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 16,191
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		448,668
    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 ......     		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.... 0
    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).)
    NONE
    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
    13 HANDS EQUINE RESCUE INC
    2 DEPOT PLZ STE 202A
    BEDFORD HILLS,NY10507     		N/A PC General & Unrestricted 5,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FL
    NEW YORK,NY10004     		N/A PC General & Unrestricted 3,727
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC
    125 BROAD ST 18TH FL
    NEW YORK,NY10004     		N/A PC Immigrants' Law Project 10,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF NORTH
    39 DRUMM ST
    SAN FRANCISCO,CA94111     		N/A PC immigration rights program 13,728
    ANIMAL LEGAL DEFENSE FUND
    525 E COTATI AVE
    COTATI,CA94931     		N/A PC General & Unrestricted 17,500
    CATSKILL ANIMAL SANCTUARY INC
    316 OLD STAGE RD
    SAUGERTIES,NY12477     		N/A PC General & Unrestricted 5,000
    CHIMP HAVEN INC
    13600 CHIMPANZEE PL
    KEITHVILLE,LA71047     		N/A PC General & Unrestricted 2,500
    CINCINNATI PUBLIC RADIO INC
    1223 CENTRAL PKWY
    CINCINNATI,OH45214     		N/A PC General & Unrestricted 10,000
    EARTH LAW CENTER
    249 E 118TH ST STE 3B
    NEW YORK,NY10035     		N/A PC General & Unrestricted 35,000
    FAITH IN ACTION NETWORK
    171 SANTA ROSA AVE
    OAKLAND,CA94610     		N/A PC Immigrant Justice, Mass Incarceration, and Democracy programs 35,000
    FARM SANCTUARY INC
    PO BOX 150
    WATKINS GLEN,NY14891     		N/A PC General & Unrestricted 10,000
    FOOD RUNNERS
    2579 WASHINGTON ST
    SAN FRANCISCO,CA94115     		N/A PC General & Unrestricted 10,000
    FREESTORE-FOODBANK INC
    1141 CENTRAL PKWY
    CINCINNATI,OH45202     		N/A PC General & Unrestricted 10,000
    FUND FOR THE CITY OF NEW YORK INC
    121 AVE OF THE AMERICAS 6TH FLO
    NEW YORK,NY10013     		N/A PC Immigrant Defense Project 35,000
    HEADLANDS CENTER FOR THE ARTS
    944 ROSENSTOCK RD
    SAUSALITO,CA94965     		N/A PC JB Blunk Book Project 10,000
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND ST 12TH FL
    NEW YORK,NY10168     		N/A PC General & Unrestricted 7,500
    JHANKAR INC
    9166 SOLON DR
    CINCINNATI,OH45242     		N/A PC Operating Expenses fund 2,800
    LAWYERS COMMITTEE FOR CIVIL RIGHTS UNDER LAW
    1500 K ST NW STE 900
    WASHINGTON,DC20005     		N/A PC General & Unrestricted 2,500
    MAKE THE ROAD NEW YORK
    9210 ROOSEVELT AVE
    JACKSON HTS,NY11372     		N/A PC Immigration Project 35,000
    MAYORS ALLIANCE FOR NYCS ANIMALS INC
    244 5TH AVE STE R290
    NEW YORK,NY10001     		N/A PC General & Unrestricted 10,000
    MEDECINS SANS FRONTIERES USA INC - DOCTORS WITHOUT
    PO BOX 5030
    HAGERSTOWN,MD21741     		N/A PC General & Unrestricted 10,000
    NATIONAL IMMIGRATION LAW CENTER
    3450 WILSHIRE BLVD 108-62
    LOS ANGELES,CA90010     		N/A PC General & Unrestricted 35,000
    NATURAL RESOURCES DEFENSE COUNCIL INC
    40 W 20TH ST
    NEW YORK,NY10011     		N/A PC General & Unrestricted 35,000
    REGIONAL PARKS FOUNDATION
    PO BOX 21074 CRESTMONT STA
    OAKLAND,CA94620     		N/A PC General & Unrestricted 5,000
    SAN FRANCISCO ZEN CENTER
    300 PAGE ST
    SAN FRANCISCO,CA94102     		N/A PC toward general support for activities at the Green gulch farm zen center 5,000
    UNIVERSITY OF CINCINNATI FOUNDATION
    PO BOX 19970
    CINCINNATI,OH45219     		N/A PC Center for Integrative Health and Wellness - MBSR program for underserved populations 23,700
    VERA INSTITUTE OF JUSTICE INC
    34 35TH ST 42A
    BROOKLYN,NY11232     		N/A PC General & Unrestricted 35,000
    Total .................................bullet 3a 418,955
    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 ...........     		    14 10,086  
    4 Dividends and interest from securities....     14 139,705  
    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 ............     		    18 217,414  
    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)..   367,205  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    367,205
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Return Preparation/Review 3,500     3,500

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS - 3.700% - 08 8,434 8,458
    ANHEUSER BUSCH COS INC - 4.900 4,761 4,754
    BP GROUP PLC - 3.279% - 09/19/ 5,278 5,276
    CITIGROUP INC - 3.887% - 01/10 4,160 4,302
    COMCAST CORP NOTE - 4.150% - 1 4,259 4,518
    CVS CAREMARK CORP - 3.700% - 0 8,339 8,341
    ENTERPRISE PRODUCTS - 5.700% - 2,417 2,510
    GE CAP CORP NTS - 5.875% - 01/ 3,460 3,590
    GOLDMAN SACHS GROUP INC - 4.00 7,310 7,485
    JP MORGAN CHASE BANKNA NOTE - 5,323 5,666
    MICROSOFT CORP NOTE - 3.700% - 5,099 5,690
    MORGAN STANLEY - 3.875% - 01/2 5,379 5,431
    MORGAN STANLEY MTN CALL - 0.00 3,072 3,166
    ORACLE CORP - 3.400% - 07/08/2 8,458 8,474
    ROYAL DUTCH SHELL CL A - 2.500 4,876 5,102
    TORONTO DOMINION BANK - 3.500% 8,459 8,447
    VERIZON COMMUNICATIONS INC - 5 5,521 5,579
    WELLS FARGO &CO MTN - 3.584% - 4,053 4,240

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 22,962 26,170
    ACCENTURE PLC 14,020 16,688
    ADIDAS AG 9,568 12,348
    AIA GROUP LTD ADR 16,494 16,980
    AIRBUS GROUP 14,990 15,724
    AKAMAI TECH COM STK 23,620 30,016
    ALBANY INTERNATIONAL CORP 17,229 25,026
    ALCON INC 1,444 1,719
    ALIBABA GROUP HOLDING LTD 77,963 74,731
    ALLEGHENY TECH 18,600 17,816
    ALLSTATE CORP 24,193 25,966
    ALNYLAM PHARMACEUTICALS, INC 9,386 9,021
    ALPHABET INC CL A 22,147 23,917
    ALPHABET INC CL C 69,632 73,086
    ALTRA HLDGS INC 25,080 19,404
    AMAZON COM 149,599 165,229
    AMER EQ INV LIFE HLD 22,924 19,867
    AMER INTERNATIONAL GROUP INC 27,055 27,486
    AMERICAN EXPRESS CO 6,525 7,623
    AMGEN INC 12,892 14,501
    ANSYS INC 25,660 37,426
    AON PLC 12,794 17,384
    ARCHER DANIELS MDLND 26,207 23,416
    ARCHROCK INC 23,818 22,249
    ASHTEAD GROUP PLC 11,585 14,037
    ASTRAZENECA 21,970 28,683
    AT&T, INC 25,609 29,676
    ATLASSIAN CORP PLC 22,112 23,796
    AUTODESK, INC 27,505 30,504
    AUTOMATIC DATA PROCESSING INC 6,509 8,112
    BAE SYSTEMS PLC 21,579 25,988
    BANK NEW YORK MELLON CORP COM 25,873 23,328
    BAOZUN INC 18,812 22,021
    BATS SERIES C PORTFOLIO 45,017 45,141
    BATS SERIES M PORTFOLIO 50,235 50,338
    BB&T CP 35,013 37,719
    BIO RAD LABS INC CL A 23,032 29,846
    BLACKROCK STRAT INC OPP PORTFO 60,469 61,334
    BLACKROCK TECHNOLOGY OPPORTUNI 163,327 200,751
    BRITISH AMERICAN TOBACCO PLC 14,697 9,999
    BROADCOM INC 40,339 44,513
    BROOKFIELD ASSET MANAGEMENT CL 23,183 28,233
    BRYN MAWR BANK CORP 18,493 18,826
    CABOT CP 15,561 12,074
    CABOT MICROELECTRONICS CORPORA 22,452 34,909
    CANADA GOOSE HOLDINGS INC 21,499 23,843
    CANADIAN NATL RAILWAY CO 7,137 7,507
    CARDINAL HEALTH INC 27,039 25,318
    CERNER CORPORATION 15,196 16,646
    CHEWY INC 14,199 10,189
    CHUBB LIMITED 11,867 13,413
    CIGNA CORPORATION 46,414 47,470
    CIRRUS LOGIC INC 30,112 37,310
    CISCO SYSTEMS INC 30,951 41,524
    CITIGROUP INC 20,929 22,205
    COHERENT INC CAL 26,805 21,147
    COLGATE-PALMOLIVE COMPANY 14,828 14,612
    COLUMBIA TECHNOLOGY FD INC 193,240 203,822
    COMCAST CORP 18,696 24,068
    CONAGRA FOODS INC 23,510 21,965
    CONOCOPHILLIPS 27,853 20,203
    COUPONS.COM 34,925 40,422
    COVETRUS INC 20,317 5,005
    CRISPR THERAPEUTICS AG 2,975 3,173
    CVS CAREMARK CORP 32,512 29,145
    CYBERARK SOFTWARE LTD 4,924 4,977
    DANAHER CORP 7,530 11,026
    DARLING INGREDIENTS INC 20,704 21,172
    DEERE CO 17,459 21,942
    DERMIRA INC 14,225 9,413
    DEXCOM, INC 33,434 37,635
    DOLLAR TREE INC 18,618 24,067
    DR. REDDY'S LAB LTD 15,435 15,738
    DU PONT DE NEMOURS 33,959 27,155
    DUKE ENERGY CO 12,365 14,422
    EASTGROUP PROPERTIES INC 24,639 36,568
    EATON CORP PLC 13,372 14,722
    ECOLAB INC 53,488 52,243
    EDISON INTL 24,908 23,399
    ENERPLUS CORP 7,472 3,763
    ENERSYS 24,357 20,727
    ENTEGRIS INC MINNESOTA 32,843 51,552
    EOG RESOURCES INC 6,595 4,297
    EQUITY RESIDENTIAL PPTYS TR 21,027 28,105
    ESSILOR INTL ADR 3,247 4,133
    EXPEDITORS INTL WASH INC 20,696 21,226
    FACEBOOK INC 69,292 73,019
    FACTSET RESH SYST INC 10,962 13,690
    FARFETCH LIMITED 28,449 12,582
    FB FINANCIAL CORPORATION 19,951 21,547
    FIDELITY NATIONAL INFORMATION 11,880 16,338
    FIRST ENERGY CORP 9,734 11,693
    FIRSTCASH INC 30,788 36,625
    FISERV INC 10,134 15,072
    FORMFACTOR INC. 26,570 39,687
    FRANKLIN ELECTRIC CO., INC 23,988 30,210
    FRESENIUS MED CAR AG 25,487 19,911
    GDS HOLDINGS LTD 16,015 22,757
    GENMAB A/S 3,026 3,583
    GLAXOSMITHKLINE PLC 23,145 27,159
    GOLAR LNG LTD 28,358 15,188
    GOLDMAN SACHS GROUP 11,390 10,456
    GROUPE DANONE ADS 20,021 21,549
    GUARDANT HEALTH INC 25,156 24,951
    HALLIBURTON COMPANY 30,105 15,073
    HDFC BANK LTD ADR 11,614 12,340
    HEARTLAND FINANCIAL USA, INC. 19,512 18,385
    HEXCEL CP DELAWARE 32,303 40,220
    HONEYWELL INTL 14,583 16,928
    HONG KONG EX&CL UNSP/ADR 12,612 11,346
    HORACE MANN EDUCATOR 16,029 16,945
    ICON PLC - AMERICAN DEPOSITARY 25,417 28,939
    ILLINOIS TOOL WORKS 12,954 15,509
    ILLUMINA INC COM 91,447 76,835
    INFINEON TECH ADS 9,528 10,886
    INGERSOL-RAND PLC 10,830 14,719
    INTEL CORP 18,629 22,895
    INTERXION HOLDING N.V 23,197 34,847
    INTESA SANPAOLO SPA 11,971 10,265
    INTUITIVE SURGICAL 87,728 87,919
    INVESCO OPPENHEIMER DEVELOPING 197,492 198,354
    INVESCO S&P 500 EQUAL WEIGHT T 140,866 199,144
    ISHARES BARCLAYS TIPS BOND FUN 29,788 30,460
    ISHARES MSCI EAFE MINIMUM VOLA 24,870 25,142
    ISHARES MSCI EMERGING MARKETS 18,202 18,437
    ISHARES MSCI INDIA SMALL-CAP E 6,492 6,755
    ISHARES PHLX SEMICONDUCTOR ETF 272,911 309,814
    ISHARES S&P GSTI SOF 267,411 292,431
    ISHARES TRUST - ISHARES MSCI A 48,732 49,179
    JOHN HANCOCK REGIONAL BANK FUN 217,941 201,895
    JOHNSON & JOHNSON 46,464 46,214
    JOHNSON CONTROLS INTERNATIONAL 10,003 10,833
    JP MORGAN CHASE 23,582 27,108
    KIMBERLY CLARK CORP 7,024 8,903
    KORNIT DIGITAL LTD 14,640 24,677
    LEAR CORP 5,739 4,946
    LITTELFUSE, INC 27,910 25,633
    LIVANOVA PLC 9,344 7,922
    LOCKHEED MARTIN CORP 7,783 9,417
    LOGITECH INTERNATIONAL 20,740 23,350
    LONDON STK EXCHANGE GROUP 4,091 6,386
    LOWES COMPANIES INC 24,015 23,326
    MARATHON OIL CORP COM 28,242 15,093
    MARSH AND MCLENNAN COMPANIES I 21,258 26,112
    MCKESSON CORP 9,423 8,911
    MEDICAL PROPERTIES TRUST, INC 11,173 13,226
    MEDTRONIC PLC 15,142 19,929
    MERCADOLIBRE, INC 27,168 38,071
    MERCK & CO INC 29,142 38,044
    MERITAGE CORPORATION 15,615 25,159
    MICROSOFT CORP 17,793 32,115
    MODERNA, INC. 6,887 5,109
    MONDELEZ INTERNATIONAL INC 20,716 24,809
    MONGODB INC CL A 26,294 24,276
    MONOLITHIC POWER SYSTEMS, INC 23,727 26,386
    MONSTER BEVERAGE CORP 26,052 24,585
    MOOG INC CL A 16,761 18,249
    NASDAQ OMX GROUP 7,144 8,979
    NESTLE S.A 13,875 18,003
    NETFLIX INC 39,348 33,914
    NEWPARK RESOURCES 18,537 12,756
    NINTENDO CO LTD ADR UNSPON 1,019 1,023
    NORTHROP GRUMMAN CORP 28,727 34,543
    NOVARTIS AG ADR 10,104 12,329
    NOVO NORDISK A S 30,540 34,678
    NVIDIA CORP 40,394 47,843
    OASIS PETROLEUM CORP 9,709 4,541
    OCCIDENTAL PETROLEUM CORP 30,491 15,957
    OKTA INC 53,844 58,243
    OPEN TEXT CORP 26,990 30,759
    ORACLE CORP 55,195 62,772
    ORCHARD THERAPEUTICS PLC 1,733 1,266
    PEBBLEBROOK HOTEL TR COM 26,359 19,642
    PENN NATIONAL GAMING 26,432 22,279
    PEPSICO INC 7,006 7,407
    PFIZER INC 35,796 38,255
    PHILIP MORRIS INTL 15,374 14,496
    PING AN INSURANCE GROUP ADR 21,303 23,675
    PNC FINANCIAL GROUP INC 9,637 11,736
    PPG INDUSTRIES INC 14,873 17,267
    PROCTER GAMBLE CO 17,251 26,770
    PRUDENTIAL PLC SC 33,825 27,295
    QUALCOMM INC 19,356 26,384
    QUINSTREET, INC. 27,058 20,156
    RAYMOND JAMES FINANCIAL INC 32,281 31,810
    RAYTHEON CO 25,439 27,163
    REGENERON PHARMACEUTICALS INC 22,060 18,989
    ROCHE HOLDING LTD ADR 24,227 26,484
    ROKU INC 36,370 52,845
    ROYAL DUTCH SHELL CL A 5,282 4,580
    SANMINA-SCI CORPORATION 34,688 32,236
    SAP AKTIENGESELL ADS 24,206 28,505
    SCHLUMBERGER LTD 29,856 16,901
    SEI INVESTMENTS 19,666 18,515
    SERVICE NOW 47,399 53,161
    SHISEIDO CO LTD 4,805 5,787
    SHOPIFY INC 38,871 54,561
    SIEMENS AG 9,954 10,969
    SLACK TECHNOLOGIES CLASS A ORD 74,490 47,630
    SNAP INC. 27,297 23,855
    SONY CORP ADR 16,769 20,804
    SOUTHERN CO 10,763 12,093
    SPDR S&P BIOTECH ETF 196,896 186,695
    SPOTIFY TECHNOLOGY SA 94,401 91,342
    SQUARE INC 23,195 19,780
    STANLEY BLACK & DECKER INC 7,192 7,415
    STARBUCKS CORP COM 15,519 22,155
    STATE AUTO FINANCIAL CORPORATI 18,495 17,703
    STATE STREET CORPORATION 10,763 8,787
    STEELECASE INC 31,639 32,599
    TAKEDA PHARMACEUTICAL COMPANY 31,013 25,356
    TECHTARGET 24,251 35,502
    TELEDYNE TECH INC 22,284 40,211
    TENCENT HOLDINGS LIMITED 27,190 23,895
    TEXAS INSTRUMENTS INC 14,119 16,873
    THE COCA-COLA CO 17,730 21,500
    THE TRADE DESK INC 38,689 37,349
    THERMO FISHER SCIENTIFIC INC 6,337 9,361
    TOTAL FINA ELF S.A 5,013 4,842
    TOWER SEMICONDCTOR LTD 37,318 33,882
    TRAVELERS COMPANIES INC 10,874 11,140
    TRUSTMARK CORPORATION 18,608 18,636
    TUFIN SOFTWARE TECHNOLOGIES 6,448 6,521
    TWILIO INC 57,020 46,252
    TWITTER INC 68,827 64,406
    UBER 59,524 42,840
    UBISOFT ENTERTAIN UNSP ADR EAC 14,680 8,930
    ULTRAPAR PARTICIP 13,647 11,171
    UNICHARM CORP - SPN ADR 5,112 5,829
    UNION PACIFIC 13,936 13,071
    UNITED FIRE GROUP 15,807 15,295
    US BANCORP 15,281 16,764
    VANGUARD FIN ETF 201,503 208,634
    VAREX IMAGING CORPORATION 22,876 19,717
    VARIAN MEDICAL SYSTEMS INC 10,845 11,235
    VEEVA SYSTEMS INC 49,447 50,917
    VERIZON COMMUNICATIONS 22,227 25,095
    VINCI SA ADR 18,586 21,323
    VISA INC 41,717 56,520
    WALT DISNEY HOLDINGS CO 25,113 22,346
    WASTE MANAGEMENT INC 20,119 24,911
    WAYFAIR INC 24,772 13,403
    WELBILT INC 26,711 26,923
    WELLS FARGO & CO 7,401 7,280
    WESBANCO INC 19,604 17,479
    WESTERN ASSET SMASH SERIES C F 23,455 23,267
    WESTERN ASSET SMASH SERIES EC 60,468 61,862
    WESTERN ASSET SMASH SERIES M F 66,683 68,123
    WOLVERINE WORLDWIDE 23,590 20,360
    WORKDAY INC 53,469 51,891
    YUM BRANDS INC 11,165 14,443
    YUM CHINA HOLDINGS INC 8,782 10,073
    ZOOM VIDEO COMMUNICATIONS INC 23,329 25,370

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    US Government Securities - End of Year Book Value:

    949,060
    US Government Securities - End of Year Fair Market Value:

    961,686
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 OtherExpensesSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 21,967     21,967
    Bank Charges 892 892    
    Postage/Delivery Service 32     32
    STATE OR LOCAL FILING FEES 200     200


    TY 2018 OtherIncreasesSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Description Amount
    PRIOR PERIOD ADJUSTMENT 19,794


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 71,806 71,806    


    TY 2018 TaxesSchedule
    Name:
    The Vijay R Sanghvi Family Foundation
    EIN:
    46-4108329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2019 15,504      
    990-PF Excise Tax for 2018 4,167      
    Foreign Tax Paid 2,739 2,739