TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
E W HALLETT CHARITABLE TR UA

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634

A Employer identification number

41-6261160

B Telephone number (see instructions)

(651) 466-8710

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$14,164,645J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	27,335
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	365,744		363,500
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		332,969
b	Gross sales price for all assets on line 6a 2,368,393
7	Capital gain net income (from Part IV, line 2)...			332,969
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		67,245	21,177
12	Total. Add lines 1 through 11........	793,293		717,646
13	Compensation of officers, directors, trustees, etc.	120,573		74,496		46,077
14	Other employee salaries and wages......	36,287		0	0	36,287
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		3,160	0	0	3,160
b	Accounting fees (attach schedule).......		3,000	0	0	3,000
c	Other professional fees (attach schedule)....		17,692	17,692		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		34,190	7,914		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......	4,316		0	0	4,319
22	Printing and publications..........	80		0	0	80
23	Other expenses (attach schedule).......		6,220	3,970		2,250
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	225,518		104,072	0	95,173
25	Contributions, gifts, grants paid.......	654,231				654,231
26	Total expenses and disbursements. Add lines 24 and 25	879,749		104,072	0	749,404
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-86,456
b	Net investment income (if negative, enter -0-)			613,574
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,510	1,275	1,275
	2	Savings and temporary cash investments.........	368,572	748,467	749,653
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	6,587,848	5,962,021	9,173,004
	c	Investments—corporate bonds (attach schedule).......	3,949,179	3,918,645	3,965,620
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	298,981	300,000	275,093
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,206,090	10,930,408	14,164,645
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		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
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	11,206,090	10,930,408
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	11,206,090	10,930,408
	31	Total liabilities and net assets/fund balances (see instructions).	11,206,090	10,930,408

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

11,206,090

Enter amount from Part I, line 27a .....................

-86,456

Other increases not included in line 2 (itemize) bullet

210

Add lines 1, 2, and 3 ..........................

11,119,844

Decreases not included in line 2 (itemize) bullet

189,436

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

10,930,408

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	250. ABBOTT LABORATORIES		2017-08-04	2019-03-20
b	450. BADGER METER INC		2013-05-15	2019-03-20
c	700. BEMIS CO INC COM W/RIGHTS ATTACHED EXP 8/23/2009			2019-03-20
d	500. EXXON MOBIL CORP			2019-03-20
e	2900. GENERAL ELEC CO			2019-03-20
	175. PROCTER & GAMBLE CO		2014-02-28	2019-03-20
	158. RESIDEO TECHNOLOGIES INC			2019-03-20
	400. TARGET CORPORATION			2019-03-20
	15. WABTEC CORP		2019-02-25	2019-03-20
	.1171 ELANCO ANIMAL HEALTH INC		2017-03-07	2019-03-21
	100000. BANK OF AMERICA CORP 2.650% 4/01/19		2018-06-06	2019-04-01
	.5759 WABTEC CORP		2019-02-25	2019-04-08
	1. AMERICAN INTL GROUP INC		2019-04-18	2019-04-18
	50000. DUPONT EI NEMOUR 3.625% 1/15/21		2013-10-09	2019-04-22
	25536.262 FEDERATED INST HI YLD BD FD		2016-01-12	2019-05-03
	9874.918 ROBECO BOSTON PARTNERS L S RSRCH		2016-01-12	2019-05-03
	230. MFC ISHARES TR MSCI EAFE INDEX FD		2011-11-18	2019-05-08
	208. STANDARD & POORS DEPOSITARY RECEIPTS			2019-05-08
	114. MIDCAP SPDR TRUST SERIES I E T F		2010-08-18	2019-05-08
	50000. IBM CORP 1.875% 5/15/19		2013-04-05	2019-05-15
	100000. U S TREASURY NT 1.625% 6/30/19		2018-06-06	2019-06-30
	400. ABBOTT LABORATORIES			2019-07-10
	350. CHEVRONTEXACO CORP COM			2019-07-10
	225. EXXON MOBIL CORP			2019-07-10
	700. PATTERSON COMPANIES INC			2019-07-10
	250. TARGET CORPORATION			2019-07-10
	2000. AMCOR PLC			2019-07-10
	1. AMGEN INC		2019-07-15	2019-07-15
	30000. AMERICAN EXPRES MTN 2.250% 8/15/19		2014-09-29	2019-08-15
	900. CRAY INC			2019-09-25
	8256.571 ROBECO BOSTON PARTNERS L S RSRCH		2016-01-12	2019-09-27
	6333. VANGUARD GLBL EX US REAL ESTATE ETF			2019-09-27
	75000. ORACLE CORP 2.250% 10/08/19		2014-09-25	2019-10-08
	1. COAST DIVERSIFIED FUND II		1911-11-11	2019-10-25
	550. EXXON MOBIL CORP			2019-11-18
	2080. AMCOR PLC			2019-11-18
	100000. WESTPAC BANKING 4.875% 11/19/19		2010-06-15	2019-11-19
	100000. U S TREASURY NT 1.625% 11/30/19		2017-12-05	2019-11-30
	1. IDR FIXED INCOME RE STRATEGY B, LP		2013-01-01	2019-11-30
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	20,042	12,326	7,716
b	26,034	10,065	15,969
c	37,609	28,335	9,274
d	40,927	45,320	-4,393
e	29,705	67,311	-37,606
	17,840	13,750	4,090
	3,195	2,623	572
	31,145	25,368	5,777
	1,086	1,137	-51
	4	2	2
	100,000	100,060	-60
	44	44
	22		22
	50,877	51,699	-822
	250,255	230,082	20,173
	150,000	142,693	7,307
	14,996	11,362	3,634
	59,935	43,174	16,761
	40,298	15,637	24,661
	50,000	51,860	-1,860
	100,000	99,230	770
	34,308	15,744	18,564
	43,834	42,715	1,119
	17,359	19,721	-2,362
	15,354	26,200	-10,846
	21,630	15,592	6,038
	22,054	14,811	7,243
	74		74
	30,000	29,828	172
	31,500	16,468	15,032
	127,647	119,307	8,340
	370,220	319,657	50,563
	75,000	74,972	28
	753		753
	37,633	45,943	-8,310
	20,849	14,102	6,747
	100,000	100,333	-333
	100,000	99,855	145
	282,009	127,328	154,681
			14,155

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			7,716
b			15,969
c			9,274
d			-4,393
e			-37,606
			4,090
			572
			5,777
			-51
			2
			-60

			22
			-822
			20,173
			7,307
			3,634
			16,761
			24,661
			-1,860
			770
			18,564
			1,119
			-2,362
			-10,846
			6,038
			7,243
			74
			172
			15,032
			8,340
			50,563
			28
			753
			-8,310
			6,747
			-333
			145
			154,681

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	332,969
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	679,929	13,936,021	0.048789
2016	640,685	13,670,332	0.046867
2015	658,675	12,773,245	0.051567
2014	676,659	13,578,921	0.049832
2013	698,641	14,148,409	0.049379

Total of line 1, column (d) .....................

0.246434

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 ......

0.049287

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

11,566,352

Multiply line 4 by line 3......................

570,071

Enter 1% of net investment income (1% of Part I, line 27b)...........

6,136

Add lines 5 and 6........................

576,207

Enter qualifying distributions from Part XII, line 4,.............

749,404

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)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	6,136
	hereand 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	6,136
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	6,136
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	12,942
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	12,942
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	6,806
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax6,136	Refunded	11	670

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

US BANK NATIONAL ASSOCIATION Telephone no. bullet

(651) 466-8710

Located at bullet

101 EAST 5TH STREET 14TH FLOORSAINT PAULMN ZIP+4 bullet

55101

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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-)
US BANK NATIONAL ASSOCIATION	CORPORATE TRUSTEE 8	82,773
155 1ST AVE SW ROCHESTER,MN55902	CORPORATE TRUSTEE 8	82,773
PAUL SCHLIESMAN	CO-TRUSTEE 4	13,800
12600 MARION LAND W MINNETONKA,MN55305	CO-TRUSTEE 4	13,800
KIRK SPRINGSTED	CO-TRUSTEE 4	12,000
50 NECK ROAD MADISON,CT06433	CO-TRUSTEE 4	12,000
DESIREE PARKER	CO-TRUSTEE 4	12,000
7846 REGAL HERON CR 102 NAPLES,FL34104	CO-TRUSTEE 4	12,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

11,108,169

Average of monthly cash balances.......................

634,320

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

11,742,489

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

11,742,489

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

176,137

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

11,566,352

Minimum investment return. Enter 5% of line 5..................

578,318

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.)

Minimum investment return from Part X, line 6....................

578,318

Tax on investment income for 2018 from Part VI, line 5......

6,136

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

6,136

Distributable amount before adjustments. Subtract line 2c from line 1............

572,182

Recoveries of amounts treated as qualifying distributions................

37,779

Add lines 3 and 4............................

609,961

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

609,961

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

749,404

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

749,404

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.................

6,136

Adjusted qualifying distributions. Subtract line 5 from line 4..............

743,268

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)

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					609,961
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				660,282
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 749,404
a Applied to 2017, but not more than line 2a				660,282
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		27,335
d Applied to 2018 distributable amount.....					61,787
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(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		27,335
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 ..........					548,174
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) .......		27,335
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....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CUYANA RANGE YOUTH CENTER PO BOX 263 CROSBY,MN56441	NONE	PC	GENERAL OPERATING	5,000
KINSHIP PARTNERS INC 803 OAK STREET BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	12,500
LAKES AREA INTERFAITH CAREGIVERS PO BOX 634 PEQUOT LAKES,MN56472	NONE	PC	GENERAL OPERATING	25,000
JUNIOR ACHIEVEMENT OF BRAINERD LAKES AREA PO BOX 265 BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	6,000
CITY OF CROSBY 2 SECOND ST SW CROSBY,MN56441	NONE	GOV	POLICE DEPT, HIGHWAY,	310,000
CROSBY-IRONTON HIGH SCHOOL 711 POPLAR STREET CROSBY,MN56441	NONE	PC	GENERAL OPERATING	89,500
MINNESOTA COUNCIL ON FOUNDATIONS 800 N WASHINGTON AVE SUITE,MN55401	NONE	PC	GENERAL OPERATING	1,775
LEGACY CHORALE OF GREATER MINNESOTA PO BOX 2751 BAXTER,MN56425	NONE	PC	GENERAL OPERATING	5,000
HALLETT CENTER OF CROSBY 470 8TH STREET NE CROSBY,MN56441	NONE	PC	GENERAL OPERATING	4,756
CUYUNA RANGE FOOD SHELF INC 302 CROSS AVE CROSBY,MN56441	NONE	PC	GENERAL OPERATING	10,000
LAKES AREA MUSIC FESTIVAL PO BOX 96 BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	15,000
LAKES AREA RESTORATIVE - JUSTICE PROJECT 424 NW 3RD STREET BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	5,000
BRAINERD LAKES DEVELOPMENT CORP 224 WEST WASHIGNTON ST BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	74,200
AITKIN COUNTY FAIR FOUNDATION 632 MINNESOTA AVENUE N AITKIN,MN56431	NONE	PC	GENERAL OPERATING	5,000
HOPE 117 -2ND STREET SW BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	10,000
SEXUAL ASSAULT SERVICES BRAINERD 324 5TH STREET BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	22,500
SECOND HARVEST NORTH CENTRAL FOOD BANK PO BOX 5130 GRAND RAPIDS,MN55744	NONE	PC	GENERAL OPERATING	25,000
SALVATION ARMY - BRAINERD 208 SOUTH 5TH ST BRAINERD,MN56401	NONE	PC	GENERAL OPERATING	8,000
JFHML FRIENDS FOUNDATION 101 1ST STREET SE CROSBY,MN56441	NONE	PC	GENERAL OPERATING	10,000
RURAL RENEWABLE ENER 3963 8TH STREET SW Backus,MN56435	NONE	PC	GENERAL OPERATING	10,000
Total ................................. 3a				654,231

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	365,744
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	332,969
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aFEDERAL TAX REFUND			1	7,923
bRETURN OF PY GRANT			1	37,779
cREIMBURSEMENT OF U			1	366
dIDR PARTNERSHIP IN			1	21,177
e
12 Subtotal. Add columns (b), (d), and (e)..				765,958

13Total. Add line 12, columns (b), (d), and (e)..................

765,958

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Name of the organization

E W HALLETT CHARITABLE TR UA

Employer identification number

41-6261160

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 E W HALLETT CHARITABLE TR UA

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	JESSIE F HALLETT CHAR TRUST UA C/O US BANK PO BOX 0634 MILWAUKEE, WI53201	$ 27,335	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 E W HALLETT CHARITABLE TR UA		Employer identification number 41-6261160

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
		$
(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 E W HALLETT CHARITABLE TR UA			Employer identification number 41-6261160
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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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:

- TIN:

TY 2018 AccountingFeesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	3,000			3,000

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Name of Bond	End of Year Book Value	End of Year Fair Market Value
0258M0DP1 AMERICAN EXPRES MTN
912828SV3 U S TREASURY NT	127,696	125,445
084664BQ3 BERKSHIRE HATHAWAY	100,000	102,621
071813BF5 BAXTER INTL INC	75,827	75,335
459200HE4 IBM CORP
665859AM6 NORTHERN TRUST CORP	115,474	117,908
291011BC7 EMERSON ELECTRIC	53,982	51,106
36962G6S8 GENERAL ELEC CAP MTN	74,214	76,745
68389XAX3 ORACLE CORP
89236TBJ3 TOYOTA MOTOR MTN	25,995	25,319
263534CB3 DUPONT EI NEMOUR
46625HJE1 JPMORGAN CHASE CO	181,205	180,791
05565QDA3 BP CAPITAL MARKETS	41,817	42,578
961214BK8 WESTPAC BANKING
452308AP4 ILLINOIS TOOL WORKS	78,420	76,711
548661DD6 LOWES COS INC	50,513	51,966
89114QBY3 TORONTO DOMINION MTN	99,931	100,608
258620103 DOUBLELINE TOTAL RET	575,000	582,811
277923728 EATON VANCE GLOBAL M	520,149	510,972
9128283H1 U S TREASURY NT	99,855	100,000
912828WR7 U S TREASURY NT	99,559	100,711
06051GFD6 BANK OF AMERICA CORP
31420B300 FEDERATED INST HI YL	94,918	102,714
9128284Q0 U S TREASURY NT	99,973	100,402
912828A42 U S TREASURY NT	100,152	100,305
912828WS5 U S TREASURY NT
95001BAW4 WFC 24M SPX 1.5X LBR	300,000	330,210
68381K606 OPPENHEIMER SENIOR F
912828B58 U S TREASURY NT	99,797	100,496
097023BM6 BOEING CO	98,528	99,737
166764BG4 CHEVRON CORP	99,200	100,331
037833AR1 APPLE INC	100,733	101,536
17325FAL2 CITIBANK NA	100,323	100,921
404280BA6 HSBC HOLDINGS PLC	103,942	104,173
91324PCU4 UNITEDHEALTH GROUP	100,186	100,249
38148PP84 GOLDMAN SACHS BANK	100,630	100,649
69371RQ25 PACCAR FINANCIAL MTN	100,250	99,955
458140AM2 INTEL CORP	100,376	102,315

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Name of Stock	End of Year Book Value	End of Year Fair Market Value
532457108 ELI LILLY CO	57,660	82,028
478160104 JOHNSON JOHNSON	82,695	127,178
081437105 BEMIS COMPANY INC
87612E106 TARGET CORP	15,081	31,253
880345103 TENNANT CO	34,375	37,230
311900104 FASTENAL CO	59,833	92,352
808513105 SCHWAB CHARLES CORP	38,600	89,100
437076102 HOME DEPOT INC	38,093	55,128
922042676 VANGUARD GLBL EX US
G5960L103 MEDTRONIC PLC	109,540	158,731
438516106 HONEYWELL INTERNATIO	87,527	169,623
225223304 CRAY INC
045487105 ASSOCIATED BANC CORP	19,928	31,088
891092108 TORO CO	21,782	41,045
806857108 SCHLUMBERGER LTD	162,155	96,835
359694106 FULLER H B CO	75,095	92,278
458140100 INTEL CORP	31,588	84,173
464287234 ISHARES MSCI EMERGIN	359,533	600,027
464287465 ISHARES MSCI EAFE ET	1,096,680	1,513,596
46625H100 J P MORGAN CHASE CO	72,102	184,464
09073M104 BIO TECHNE CORP	40,528	130,950
391416104 GREAT WESTERN BANCOR	50,836	51,555
071813109 BAXTER INTERNATIONAL	21,037	45,084
002824100 ABBOTT LABORATORIES	59,561	136,464
922908553 VANGUARD REIT ETF	549,666	689,556
46434V639 ISHARES CURRENCY HED	402,358	512,137
78467Y107 MIDCAP SPDR TRUST SE	168,443	450,234
88579Y101 3M CO	127,089	152,793
74251V102 PRINCIPAL FINANCIAL	62,546	85,405
056525108 BADGER METER INC	20,017	55,800
743713109 PROTO LABS INC	34,677	60,556
771195104 ROCHE HOLDINGS LTD S	88,865	103,175
742718109 PROCTER GAMBLE CO	25,536	39,670
369604103 GENERAL ELECTRIC CO
254687106 DISNEY WALT CO	50,701	136,422
464287804 I SHARES S P SMALLC	169,586	495,769
02079K107 ALPHABET INC CL C	109,306	130,496
166764100 CHEVRON CORPORATION	52,712	61,493
91324P102 UNITED HEALTH GROUP	51,571	76,964
911312106 UNITED PARCEL SERVIC	40,333	59,865
384109104 GRACO INC	76,263	152,177
78462F103 SPDR S P 500 ETF	351,283	580,531
440452100 HORMEL FOODS CORP	107,426	139,156
337738108 FISERV INC	29,949	139,488
74925K581 ROBECO BOSTON PARTNE
98956P102 ZIMMER BIOMET HOLDIN	68,939	90,800
30231G102 EXXON MOBIL CORP
747525103 QUALCOMM INC	40,541	50,130
833034101 SNAP ON INC	44,882	64,184
025816109 AMERICAN EXPRESS CO	90,706	162,162
278865100 ECOLAB INC	161,462	252,005
370334104 GENERAL MILLS INC	72,556	71,982
12541W209 C H ROBINSON WORLDWI	67,807	86,456
703395103 PATTERSON COMPANIES
257651109 DONALDSON CO INC	107,769	168,240
21870Q105 CORESITE REALTY CORP	41,611	45,356
N22717107 CORE LABORATORIES N	52,087	36,135
92826C839 VISA INC	13,221	18,451
537008104 LITTELFUSE INC	41,157	40,817
76118Y104 RESIDEO TECHNOLOGIES
28414H103 ELANCO ANIMAL HEALTH	14,328	14,686
G6700G107 NVENT ELECTRIC PLC	14,788	14,826
253798102 DIGI INTL INC	12,374	12,042
67066G104 NVIDIA CORP	21,244	21,674
620076307 MOTOROLA SOLUTIONS I	20,355	20,913
594918104 MICROSOFT CORP	23,638	30,276

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
IDR FIXED INC REAL EST STR LP
00141G856 INVESCO OPPENHEIMER	AT COST	300,000	275,093

- TIN:

TY 2018 LegalFeesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA	3,160			3,160

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Description	Amount
IDR FIXED INCOME PARTNERSHIP BASIS ADJ	171,653
IDR FIXED INCOME PARTNERSHIP INCOME ADJ	17,342
PURCHASED ACCRUED INTEREST C/O	441

- TIN:

TY 2018 OtherExpensesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
IDR PARTNERSHIP EXPENSES	3,836	3,836	0
ADR FEES	134	134	0
ADMINISTRATIVE FEES	700	0	700
MEMERSHIP DUES	900	0	900
MISCELLANEOUS TRUST EXPENSE	625	0	625
STATE FILING FEE	25	0	25

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Description	Revenue And Expenses Per Books	Net Investment Income
FEDERAL TAX REFUND	7,923	0
RETURN OF PY GRANT	37,779	0
REIMBURSEMENT OF UNEMPLOYMENT TAX	366	0
IDR PARTNERSHIP INCOME	21,177	21,177

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Description	Amount
COST BASIS ADJ	210

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	17,692	17,692

- TIN:

TY 2018 TaxesSchedule

Name:

E W HALLETT CHARITABLE TR UA

EIN:

41-6261160

Category	Amount	Net Investment Income
FOREIGN TAXES	5,788	5,788
FEDERAL TAX PAYMENT - PRIOR YE	13,334	0
FEDERAL ESTIMATES - PRINCIPAL	12,942	0
FOREIGN TAXES ON NONQUALIFIED	2,126	2,126