Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
THE BRUCE J HEIM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3421 N CAUSEWAY BLVD 805
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
METAIRIE, LA70002
A Employer identification number

13-3389060
B Telephone number (see instructions)

(504) 321-0039
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$3,495,932J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 9,632 9,632 9,632
4 Dividends and interest from securities... 15,716 15,716 15,716
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 160,978
b Gross sales price for all assets on line 6a 718,557
7 Capital gain net income (from Part IV, line 2)... 160,978
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........ 186,326 186,326 25,348
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 66,000 14,520 0 51,480
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,175 212 0 963
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,655 348 0 1,307
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 42,860 9,427 0 33,433
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 111,690 24,507 0 87,183
25 Contributions, gifts, grants paid....... 88,515 88,515
26 Total expenses and disbursements. Add lines 24 and 25 200,205 24,507 0 175,698
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -13,879
b Net investment income (if negative, enter -0-) 161,819
c Adjusted net income (if negative, enter -0-)... 25,348
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............. 4,961 17,315 17,315
2 Savings and temporary cash investments......... 216,677 298,216 298,409
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) 130,470 Click to see attachment253,733 257,097
b Investments—corporate stock (attach schedule)....... 2,892,634 Click to see attachment1,668,869 2,922,877
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1 Click to see attachment1 1
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment233 Click to see attachment233 Click to see attachment233
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,244,976 2,238,367 3,495,932
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment380 Click to see attachment402
23 Total liabilities (add lines 17 through 22)......... 380 402
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........ 3,244,596 3,244,596
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 -1,006,631
30 Total net assets or fund balances (see instructions)..... 3,244,596 2,237,965
31 Total liabilities and net assets/fund balances (see instructions). 3,244,976 2,238,367
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
3,244,596
2
Enter amount from Part I, line 27a .....................
2
-13,879
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,230,717
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
992,752
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,237,965
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 INDEXX LABS   2015-07-02 2019-05-23
b RESMED   2017-06-01 2019-01-11
c ABIOMED, INC.   2019-04-08 2019-11-04
d COSTAR GROUP   2010-01-25 2019-04-03
e FACTSET RESH SYS, INC   2017-10-12 2019-03-29
FORTINET, INC.   2019-02-07 2019-02-07
GENTEX   2016-05-26 2019-02-27
MEDIDATA SOLUTIONS, INC   2016-06-01 2019-06-28
SEI INVESTMENTS CO   2017-04-21 2019-09-10
ALARM COM HLDGS   2019-01-22 2019-01-22
BALCHEM CORP   2018-01-19 2019-01-14
CAMBREX CORP   2016-03-04 2019-08-19
HEALTHCARE SVCS GROUP INC   2017-01-13 2019-07-11
CYBER-ARK SOFTWARE LTD   2019-01-07 2019-01-09
NICE SYSTEMS LTD ADR   2016-03-07 2019-10-17
ADOBE   2018-11-23 2019-05-07
BOSTON SCIENTIFIC CORP   2018-10-16 2019-05-09
BROADCOM LTD SHS   2016-07-20 2019-05-09
CHARLES SCHWAB   2016-12-29 2019-06-27
INVESCO QQQ TRUST SERIES 1   2019-09-16 2019-10-04
INVESCO QQQ TRUST SERIES 1   2018-10-16 2019-05-09
ISHARES MSCI EMERGIN MKTS ETF   2018-12-31 2019-10-04
FED US TRSY CSHRES   2019-06-05 2019-06-27
(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 25,068   5,312 19,756
b 17,162   10,012 7,150
c 21,626   28,119 -6,493
d 23,458   2,060 21,398
e 12,163   8,895 3,268
11,345   5,271 6,074
45,419   36,882 8,537
61,467   24,351 37,116
    8,575 -8,575
13,431   8,649 4,782
30,943   32,303 -1,360
65,825   45,332 20,493
25,052   17,072 7,980
16,652   11,600 5,052
8,102   5,567 2,535
20,625   16,531 4,094
21,990   22,852 -862
10,987   5,893 5,094
35,022   34,951 71
36,658   38,791 -2,133
46,403   44,004 2,399
44,159   44,557 -398
125,000   100,000 25,000
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       19,756
b       7,150
c       -6,493
d       21,398
e       3,268
      6,074
      8,537
      37,116
      -8,575
      4,782
      -1,360
      20,493
      7,980
      5,052
      2,535
      4,094
      -862
      5,094
      71
      -2,133
      2,399
      -398
      25,000
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 2 160,978
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 36,155
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 160,407 3,201,976 0.050096
2016 138,326 2,792,134 0.049541
2015 137,440 2,457,174 0.055934
2014 137,842 2,673,012 0.051568
2013 139,103 2,734,830 0.050863
2
Total of line 1, column (d) .....................
2
0.258002
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
0.051600
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
3,290,536
5
Multiply line 4 by line 3......................
5
169,792
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,618
7
Add lines 5 and 6........................
7
171,410
8
Enter qualifying distributions from Part XII, line 4,.............
8
175,698
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 1,618
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,618
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 1,618
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 2
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,620
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 addressbulletWWW.BRUCEJHEIMFOUNDATION.ORG
    14
    The books are in care ofbulletBARBARA H PAILET Telephone no.bullet (504) 321-0040

    Located atbullet3421 N CAUSEWAY BLVD STE 805METAIRIELA ZIP+4bullet70002
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    THOMAS C HUTTON ESQ TRUSTEE
    1.00     		0 0 0
    39 HOMESDALE ROAD
    BRONXVILLE,NY10708
    BARBARA H PAILET TRUSTEE
    35.00     		62,400 0 0
    3421 N CAUSEWAY BLVD STE 805
    METAIRIE,LA70002
    JAMES A CUNNINGHAM TRUSTEE
    1.00     		1,200 0 0
    3905 CHIPPENHAM RD
    DURHAM,NC27707
    SASHA PAILET KOFF TRUSTEE
    1.00     		1,200 0 0
    13 RUMSON ROAD
    LIVINGSTON,NJ07039
    CARRIE PAILET KANTER TRUSTEE
    1.00     		1,200 0 0
    215 W BROOKS STREET
    NEW ORLEANS,LA70124
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,333,554
    b
    Average of monthly cash balances.......................
    1b
    7,092
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,340,646
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,340,646
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,110
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,290,536
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    164,527
    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
    164,527
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,618
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,618
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    162,909
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    162,909
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    162,909
    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
    175,698
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    175,698
    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
    1,618
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    174,080
    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 7 162,909
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 1,380
    b From 2014...... 4,347
    c From 2015...... 14,905
    d From 2016......  
    e From 2017...... 372
    fTotal of lines 3a through e........ 21,004
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 175,698
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 162,909
    e Remaining amount distributed out of corpus 12,789
    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 33,793
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		1,380
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		32,413
    10 Analysis of line 9:
    a Excess from 2014.... 4,347
    b Excess from 2015.... 14,905
    c Excess from 2016....  
    d Excess from 2017.... 372
    e Excess from 2018.... 12,789
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE BRUCE J HEIM FOUNDATION CO BARB
    3241 N CAUSEWAY BLVD STE 805
    METAIRIE,LA70002
    (504) 321-0040
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FOR GRANTS SHOULD BE SUBMITTED IN THE FORM OF A LETTER ADDRESSED TO THE BOARD OF THE FOUNDATIONS. THE LETTER MUST INCLUDE: 1. THE AMOUNT OF GRANT REQUESTED 2. A STATEMENT OF HOW THE GRANT WILL BE USED 3. A STATEMENT OF THE BENEFITS TO BE DERIVED FROM SUSH A GRANT 4. A STATEMENT OF NEED, AND 5. A STATEMENT VERIFYING THE APPLICANT'S 501(C) STATUS OTHER DOCUMENTS, SUGH AS A BRIEF HISTORY OF THE APPLICANT'S ORGANIZATION, STATISTICAL INFORMATION, ETC. MAY BE SUBMITTED WITH THE REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADVOCATES FOR ARTS-BASED ED COR
    5624 FRERET STREET
    NEW ORLEANS,LA70115     		NONE   PROGRAM SUPPORT 2,000
    ASU FOUNDATION
    PO BOX 32045
    BOONE,NC28608     		NONE   PROGRAM SUPPORT 2,500
    BENJAMIN FRANKLIN HIGH SCHOOL
    2001 LEON C SIMON DRIVE
    NEW ORLEANS,LA70112     		NONE   SCHOLARSHIP 2,000
    BIG BROTHERS BIG SISTERS OF CHI
    560 W LAKE STREET
    CHICAGO,IL60661     		NONE   PROGRAM SUPPORT 1,000
    BIOMEDICAL RESEARCH FDN NW LA
    2031 KINGS HIGHWAY
    SHREVEPORT,LA71103     		NONE   SCHOLARSHIP 4,060
    CAPITAL REG SPONSOR SCHOLARINC
    1 UNITED WAY
    ALBANY,NY12205     		NONE   PROGRAM SUPPORT 2,000
    CHRISTIAN COMMUNITY STOREHOUSE
    12001 KATY ROAD
    FORT WORTH,TX76244     		NONE   PROGRAM SUPPORT 1,000
    CITY COLLEGE FUND
    160 CONVENT AVENUE SHEPARD HALL
    SUITE 166
    NEW YORK,NY10031     		NONE   SCHOLARSHIP 2,500
    COLLEGE TRACK
    2225 CONGRESS STREET
    NEW ORLEANS,LA70117     		NONE   PROGRAM SUPPORT 1,000
    COLLEGE VISIONS
    131 WASHINGTON STREET SUITE 205
    PROVIDENCE,RI02903     		NONE   PROGRAM SUPPORT 1,000
    EDUCATION FDN OF SARASOTA COUNTY
    1960 LANDINGS BLVD SUITE 120
    SARASOTA,FL34231     		NONE   PROGRAM SUPPORT 1,000
    FIRST
    200 BEFORD STREET
    MANCHESTER,NH03101     		NONE   PROGRAM SUPPORT 7,500
    FIRST LOUISIANA-MISSISSIPPI IN
    3421 N CAUSEWAY BLVD SUITE 805
    METAIRIE,LA70002     		NONE   PROGRAM SUPPORT 7,500
    FRANCES MCGLANNAN FOUNDATION I
    10770 SW 84TH STREET
    MIAMI,FL33173     		NONE   PROGRAM SUPPORT 1,000
    GEORGE WASHINGTON UNIVERSITY
    800 22ND STREET NW STE 2885
    WASHINGTON,DC20052     		NONE   SCHOLARSHIP 4,250
    GREATER N O STEM INITIATIVE
    PO BOX 6123
    METAIRIE,LA70009     		NONE   PROGRAM SUPPORT 1,000
    GREATER NO SCIENCE & ENG FAIR
    TULANE UNIVERSITY 201 LINDY BOGGS
    SUITE 201
    NEW ORLEANS,LA70118     		NONE   PROGRAM SUPPORT 500
    HARPER COLLEGE EDU FOUNDATION
    1200 ALGONQUIN ROAD
    PALATINE,IL60067     		NONE   PROGRAM SUPPORT 2,500
    HELP OHIO DBA CHILI LEARNING CE
    29445 COUNTY ROAD 10
    FRESNO,OH43824     		NONE   PROGRAM SUPPORT 1,000
    HOPECAM INC
    121 SUNSET HILLS ROAD STE C-10
    RESTON,VA20190     		NONE   PROGRAM SUPPORT 2,500
    JCC METROWEST NJ
    76 NORTHFIELD AVENUE
    W ORANGE,NJ07052     		NONE   PROGRAM SUPPORT 2,500
    JEFFERSON DOLLARS FOR SCHOLARS
    3330 N CAUSEWAY BLVD SUITE 429
    METAIRIE,LA70002     		NONE   PROGRAM SUPPORT 2,800
    JEWISH HOME LIFECARE MANHATTAN
    120 WEST 106TH STREET
    NEW YORK,NY10025     		NONE   PROGRAM SUPPORT 1,500
    LIVE OAK WILDERNESS CAMP
    4829 LAUREL STREET
    NEW ORLEANS,LA70115     		NONE   PROGRAM SUPPORT 3,000
    LOUISIANA PHILHARMONIC ORCHESTR
    1010 COMMON STREET SUITE 2120
    NEW ORLEANS,LA70112     		NONE   PROGRAM SUPPORT 1,000
    LOUISIANA YOUTH SEMINAR INC
    PO BOX 14241
    BATON ROUGE,LA70898     		NONE   PROGRAM SUPPORT 2,600
    MAKE MUSIC NOLA
    1010 N GALVEZ STREET
    NEW ORLEANS,LA70119     		NONE   PROGRAM SUPPORT 1,250
    MINDS MATTER OF PORTLAND
    PO BOX 12089
    PORTLAND,OR97212     		NONE   PROGRAM SUPPORT 2,500
    N O MATH & SCIENCE
    5625 LOYOLA AVENUE
    NEW ORLEANS,LA70115     		NONE   PROGRAM SUPPORT 1,500
    NATL WORLD WAR II MUSEUM INC
    945 MAGAZINE STREET
    NEW ORLEANS,LA70130     		NONE   PROGRAM SUPPORT 2,500
    REND LAKE COLLEGE
    468 N KEN GRAY PARKWAY
    INA,IL62846     		NONE   SCHOLARSHIP 1,700
    SOUTH ALBANY HIGH SCHOOL
    3705 SE COLUMBUS STREET
    ALBANY,OR97322     		NONE   SCHOLARSHIP 1,500
    STAR KIDS SCHOLARSHIP PROGRAM
    PO BOX 6214
    MIDDLETON,RI02842     		NONE   PROGRAM SUPPORT 2,500
    STARTING RIGHT NOW INC
    1212 W CASS STREET
    TAMPA,FL33606     		NONE   PROGRAM SUPPORT 2,000
    STUDENTS TO SCHOLARS
    1117 SOURWOOD DRIVE
    CHAPEL HILL,NC27517     		NONE   PROGRAM SUPPORT 3,300
    THE SEEING EYE INC
    PO BOX 375
    MORRISTOWN,NJ07963     		NONE   PROGRAM SUPPORT 1,000
    TRINITY RIVER MISSION INC
    2060 SINGLETON BLVD SUITE 104
    DALLAS,TX75212     		NONE   PROGRAM SUPPORT 1,000
    TULANE UNIVERSITY
    201 LINDY BOGGS
    NEW ORLEANS,LA70118     		NONE   SCHOLARSHIP 5,000
    UNIV PENN
    382 W STREET ROAD
    KENNETT SQUARE,PA19348     		NONE 1 SCHOLARSHIP 1,555
    Total .................................bullet 3a 88,515
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 9,632  
    4 Dividends and interest from securities....     14 15,716  
    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 ............     		    18 160,978  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 186,326 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    186,326
    (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 BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 1,175 212 0 963

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS - CORPORATE STOCKS 1,668,869 2,922,877

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    US Government Securities - End of Year Book Value:

    253,733
    US Government Securities - End of Year Fair Market Value:

    257,097
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS - OTHER AT COST 1 1

    TY 2018 OtherAssetsSchedule
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID EXPENSES 233 233 233


    TY 2018 OtherDecreasesSchedule
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Description Amount
    MARKET ADJUSTMENTS 992,752


    TY 2018 OtherExpensesSchedule
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKERAGE FEES 32,538 7,158 0 25,380
    INSURANCE 931 205 0 726
    OFFICE SUPPLIES 1,057 233 0 824
    PAYROLL TAXES 4,773 1,049 0 3,724
    DUES AND SUBSCRIPTIONS 100 22 0 78
    TELEPHONE 486 106 0 380
    WEBSITE DEVELOPMENT 2,787 613 0 2,174
    LICENSES AND PERMITS 74 16 0 58
    POSTAGE AND DELIVERY 114 25 0 89


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE BRUCE J HEIM FOUNDATION
    EIN:
    13-3389060
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 380 402