Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 10-01-2018 , and ending 09-30-2019
Name of foundation
INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
 
Number and street (or P.O. box number if mail is not delivered to street address)750 WOODLANDS PKWY NO 201
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIDGELAND, MS391575222
A Employer identification number

64-0689319
B Telephone number (see instructions)

(601) 427-9311
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$6,681,175J 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 12 12  
4 Dividends and interest from securities... 150,128 150,128  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,451
b Gross sales price for all assets on line 6a 2,737,751
7 Capital gain net income (from Part IV, line 2)... 15,451
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........ 165,591 165,591  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,413 0   0
b Accounting fees (attach schedule)....... Click to see attachment 14,338 3,584   1,624
c Other professional fees (attach schedule).... Click to see attachment 157,867 0   154,729
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,643 66   0
19 Depreciation (attach schedule) and depletion... 840 0  
20 Occupancy.............. 10,303 0   8,758
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 3,724 0   3,724
23 Other expenses (attach schedule)....... Click to see attachment 94,208 57,499   34,605
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 292,336 61,149   203,440
25 Contributions, gifts, grants paid....... 262,500 262,500
26 Total expenses and disbursements. Add lines 24 and 25 554,836 61,149   465,940
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -389,245
b Net investment income (if negative, enter -0-) 104,442
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 85,491 123,303 123,303
2 Savings and temporary cash investments......... 348,756 752,549 752,549
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,602,745 Click to see attachment5,805,323 5,805,323
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)..........      
14 Land, buildings, and equipment: basis bullet6,243
Less: accumulated depreciation (attach schedule) bullet6,243 840 0 0
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,037,832 6,681,175 6,681,175
Liabilities 17 Accounts payable and accrued expenses.......... 13,121 22,278
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 13,121 22,278
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 7,024,711 6,658,897
30 Total net assets or fund balances (see instructions)..... 7,024,711 6,658,897
31 Total liabilities and net assets/fund balances (see instructions). 7,037,832 6,681,175
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
7,024,711
2
Enter amount from Part I, line 27a .....................
2
-389,245
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
23,431
4
Add lines 1, 2, and 3 ..........................
4
6,658,897
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,658,897
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,637,116   1,564,638 72,478
b 1,100,635   1,157,662 -57,027
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       72,478
b       -57,027
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 15,451
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 507,771 6,983,643 0.072709
2016 367,234 6,615,476 0.055511
2015 305,167 6,516,839 0.046827
2014 121,405 6,921,429 0.017540
2013      
2
Total of line 1, column (d) .....................
2
0.192587
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
0.048147
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,424,974
5
Multiply line 4 by line 3......................
5
309,343
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,044
7
Add lines 5 and 6........................
7
310,387
8
Enter qualifying distributions from Part XII, line 4,.............
8
465,940
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 1,044
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 1,044
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 1,044
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 8,466
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 8,466
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 7,422
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet7,422 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
1a
Yes
 
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)
    bulletMS
    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 Click to see attachment.............
    11
    Yes
     
    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 addressbulletBIGGERPIEFORUM.ORG
    14
    The books are in care ofbulletASHBY FOOTE III Telephone no.bullet (601) 981-1773

    Located atbullet750 WOODLANDS PKWY SUITE 201RIDGELANDMS ZIP+4bullet39157
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
    Yes
     
    .........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
    ASHBY FOOTE III PRESIDENT
    0.30     		0 0 0
    750 WOODLANDS PKWY SUITE 201
    RIDGELAND,MS39157
    BRUCE DEER VICE PRESIDENT
    0.30     		0 0 0
    101 WATERFORD LANE
    MADISON,MS39110
    CHARLES GRAYSON SECRETARY & TREASURER
    0.30     		0 0 0
    PO BOX 5988
    BRANDON,MS39047
    J KELLEY WILLIAMS CHAIRMAN
    0.30     		0 0 0
    750 WOODLANDS PKWY SUITE 201
    RIDGELAND,MS39157
    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
    5,851,535
    b
    Average of monthly cash balances.......................
    1b
    671,281
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,522,816
    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
    6,522,816
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    97,842
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,424,974
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    321,249
    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
    321,249
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,044
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,044
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    320,205
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    320,205
    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
    320,205
    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
    465,940
    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
    465,940
    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
    1,044
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    464,896
    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 7 320,205
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 15,410
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 465,940
    a Applied to 2017, but not more than line 2a 15,410
    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..... 320,205
    e Remaining amount distributed out of corpus 130,325
    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 5 130,325
    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) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		130,325
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 130,325
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MS CENTER FOR PUBLIC POLICY
    520 GEORGE STREET
    JACKSON,MS39202     		  PC GENERAL OPERATIONS 236,250
    THE WELL WRITERS GUILD
    5328 RUNNYMEDE ROAD
    JACKSON,MS43750     		  PC GENERAL OPERATIONS 26,250
    Total .................................bullet 3a 262,500
    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 12  
    4 Dividends and interest from securities....     14 150,128  
    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 15,451  
    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).. 0 165,591 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    165,591
    (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:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 14,338 3,584   1,624

    TY 2018 ExplanOfLegisPoliticalActvts
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Explanation:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC., THROUGH THE ORGANIZATION'S DISREGARDED ENTITY, BIGGER PIE FORUM LLC, HIRED A CONSULTANT THAT WAS FAMILIAR WITH THE MISSISSIPPI STATE LEGISLATURE IN ORDER TO PROMOTE THE ORGANIZATION'S IDEAS. THE ORGANIZATION RELIED ON THE CONSULTANT'S EXPERTISE AND WAS UNAWARE THAT THE ACTIONS OF THE CONSULTANT WOULD GIVE RISE TO PROHIBITED LOBBYING ACTIVITIES. AT VARIOUS TIMES DURING 2018 & 2019, AMOUNTS TOTALING $10,500 WERE PAID TO THE CONSULTANT THAT RELATED TO LOBBYING ACTIVITIES. THE ACTIVITIES INCLUDED RESEARCH, WRITING A BILL TO BE INTRODUCED, AND FINDING LEGISLATORS TO SPONSOR AND SUPPORT THE BILL. ULTIMATELY, THERE WAS NO LEGISLATIVE ACTION TAKEN WITH REGARDS TO THESE ACTIVITIES. WHEN THE ISSUE CAME TO THE BOARD'S ATTENTION, THE BOARD HIRED AN ATTORNEY WHO THEN WAS IN CONTACT WITH THE CONSULTANT. ONCE IT WAS DETERMINED THE ACTIVITIES RESULTED IN A TAXABLE EXPENDITURE, THE ORGANIZATION IMMEDIATELY WORKED TO CORRECT THE TRANSACTIONS. THE ORGANIZATION RECEIVED REIMBURSEMENT FOR THE FULL AMOUNT OF $10,500 AND PUT PROCEDURES IN PLACE TO PREVENT THESE TYPES OF TRANSACTIONS FROM OCCURRING IN THE FUTURE. ALL BOARD AND STAFF MEMBERS HAVE BEEN EDUCATED ON PROHIBITED TRANSACTIONS OF THE ORGANIZATION. THE ORGANIZATION MANAGERS WERE NOT WILLFUL IN THAT THEY DID NOT HAVE KNOWLEDGE THAT THE ACTIVITIES WOULD RESULT IN A TAXABLE EXPENDITURE TO THE ORGANIZATION. THEY EXERCISED ORDINARY BUSINESS CARE & PRUDENCE BY RELYING ON THE EXPERTISE OF THE CONSULTANT. ONCE THE TAXABLE EXPENDITURE WAS DISCOVERED, THE BOARD WORKED SWIFTLY AND OPENLY WITH ALL BOARD MEMBERS TO CORRECT THE TRANSACTIONS. AS OF THE DATE OF FILING THE 9/30/19 TAX RETURN, CORRECTION OF THE TAXABLE EXPENDITURE HAS BEEN MADE. ALL FUNDS RELATED TO THE LOBBYING ACTIVITIES HAVE BEEN RECOVERED, THEREBY RETURNING THE ORGANIZATION TO THE POSITION IT WAS BEFORE IT MADE THE TAXABLE EXPENDITURE. THE TOTAL AMOUNT RECOVERED BY THE ORGANIZATION IS $10,500.

    TY 2018 GeneralExplanationAttachment
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Identifier Return Reference Explanation
      FORM 990, PART VII-A, QUESTION 11: CONTROLLED ENTITY PER SECTION 512(B)(13)BIGGER PIE FORUM, LLC750 WOODLANDS PKWY, SUITE 201RIDGELAND, MS 39157-5222EIN: 64-0689319100% OWNED BY INSTITUTE TECHNOLOGY DEVELOPMENT, INC.SINGLE MEMBER LIMITED LIABILITY COMPANY - DISREGARDED ENTITY

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AARON'S INC. 24,740 24,740
    ACCO BRANDS CORP. 2,477 2,477
    ADOBE INC 31,493 31,493
    ADVANSIX 1,723 1,723
    AEROJET ROCKETDYNE HOLDINGS 3,687 3,687
    AGILENT TECHNOLOGIES INC 33,717 33,717
    ALLIED MOTION TECHNOLOGIES INC 1,871 1,871
    ALLSTATE 98,355 98,355
    ALPHABET INC. 31,749 31,749
    AMAZON.COM INC 29,510 29,510
    AMERICAN EXPRESS CO. 31,107 31,107
    AMERICAN FINANCIAL GROUP 27,609 27,609
    AMGEN INC. 82,241 82,241
    ANALOG DEVICES INC. 25,139 25,139
    ANI PHARMACEUTICALS INC 2,550 2,550
    AON PLC 85,170 85,170
    APPLE, INC. 107,058 107,058
    APPLIED MATERIANS 25,100 25,100
    ARCBEST CORP. 3,350 3,350
    ARCH COAL INC. 1,558 1,558
    ARGO GROUP INTERNATIONAL HOLDING 2,880 2,880
    ATKORE INTERNATIONAL GROUP 2,671 2,671
    AVERY DENNISON CORP. 45,428 45,428
    AXOS FINANCIAL INC. 1,604 1,604
    BECTON DICKINSON AND CO. 75,888 75,888
    BJ'S RESTAURANTS INC 1,321 1,321
    BLUCORA INC 1,515 1,515
    BLUEROCK RESIDENTIAL GROWTH REI 1,813 1,813
    BOINGO WIRELESS INC 955 955
    BOISE CASCADE CO. 1,727 1,727
    BOOT BARN HOLDINGS INC 3,106 3,106
    BOYD GAMING CORP 19,088 19,088
    BRINKER INTL INC 1,621 1,621
    CABOT MICRO ELECTRONICS CORP 2,824 2,824
    CALAMP CORP 1,094 1,094
    CARE .COM INC 1,264 1,264
    CENTURYLINK INC 95,909 95,909
    CIENA CORP 25,892 25,892
    CINTAS CORP. 136,731 136,731
    CIRRUS LOGIC INC 2,036 2,036
    CITIGROUP INC 55,264 55,264
    COLUMBUS MCKINNON CORP 2,186 2,186
    COMCAST CORP. 37,056 37,056
    COMERICA INC 19,467 19,467
    COMPUTER PROGRAMS & SYSTEMS IN 2,012 2,012
    CONOCOPHILLIPS 23,362 23,362
    CONSOL ENERGY INC. 860 860
    CORCEPT THERAPEUTICS INC. 2,276 2,276
    CORNING, INC. 30,231 30,231
    COVENANT TRANSPORTATION GROUP IN 1,430 1,430
    CRANE COMPANY 26,689 26,689
    CROCS INC. 3,109 3,109
    CSG SYSTEMS INTERNATIONAL INC 2,584 2,584
    CUSHMAN & WAKEFIELD PLC 1,909 1,909
    DECKERS OUTDOOR CORP 3,095 3,095
    DENNYS CORP 3,187 3,187
    DICKS SPORTING GOODS INC 34,893 34,893
    DIODES 2,409 2,409
    DOLLAR GENERAL CORP. 87,417 87,417
    E*TRADE FINANCIAL CORP C 56,797 56,797
    EAGLE PHARMACEUTICALS INC. 1,810 1,810
    EASTMAN CHEMICAL CO. 18,827 18,827
    EATON CORP PLC 29,103 29,103
    ECHO GLOBAL LOGISTICS INC 1,903 1,903
    EDWARDS LIFESCIENCES CORP. 37,825 37,825
    ENOVA INTERNATIONAL INC 3,569 3,569
    ENTEGRIS INC. 3,247 3,247
    EQUINIX INC. 36,915 36,915
    ESSENT GROUP LTD. 1,668 1,668
    EVEREST RE GROUP INC. 31,931 31,931
    EXPEDIA INC. 29,436 29,436
    FACEBOOK INC. 93,492 93,492
    FACTSET RESEARCH SYSTEMS INC. 19,438 19,438
    FEDERAL AGRIC MTG CORP-CL C 2,205 2,205
    FIDELITY NATIONAL INFORMATION 26,552 26,552
    FIFTH THIRD BANCORP 24,067 24,067
    FIRST TRUST NORTH AMERICAN ENERG 4,657 4,657
    FIRST TRUST PREFERRED SECURITIES & 138,110 138,110
    FMC CORP. 19,465 19,465
    FORTINET INC. 25,791 25,791
    GENERAC HOLDINGS INC 2,742 2,742
    GENERAL DYNAMICS 54,819 54,819
    GENTEX CORPORATION 22,028 22,028
    GEO GROUP INC. NEW 1,769 1,769
    GLOBE LIFE INC. 30,930 30,930
    HALOZYME THERAPEUTICS INC 2,233 2,233
    HAMILTON LANE 3,133 3,133
    HANOVER INSURANCE GROUP INC. 31,987 31,987
    HARTFORD FINANCIAL SERVICES GROUP 60,004 60,004
    HEIDRICK & STRUGGLES INT'L 1,338 1,338
    HIBBETT SPORTS INC 2,382 2,382
    HILL-ROM HOLDINGS INC. 29,780 29,780
    HILLENBRAND INC. 1,451 1,451
    HORIZON PHARMA PLC 1,988 1,988
    HURCO COMPANIES INC 1,448 1,448
    IDEX CORP 36,054 36,054
    INGERSOLL-RAND PLC 118,898 118,898
    INPHI 2,320 2,320
    INTEGER HOLDINGS INC. 2,191 2,191
    INTUIT INC. 73,931 73,931
    INVESCO GLOBAL LISTED PRIVATE EQU 59,100 59,100
    IRIDIUM COMMUNICATIONS 2,766 2,766
    ISHARES 20+ YEAR TREASURY BOND 25,325 25,325
    ISHARES COMMODITIES SELECT STRATE 3,438 3,438
    ISHARES CORE S&P 500 ETF 32,240 32,240
    ISHARES GOLD TRUST 141,000 141,000
    ISHARES IBOXX HIGH YIELD CORP 6,451 6,451
    ISHARES IBOXX INV GR CORP BON 9,688 9,688
    ISHARES MSCI EAFE ETF 15,194 15,194
    ISHARES MSCI EAFE SMALL-CAP E 4,578 4,578
    ISHARES MSCI EMERGING MARKETS 4,659 4,659
    ISHARES MSCI FRONTIER 100 6,444 6,444
    ISHARES RUSSELL 2000 ETF 11,502 11,502
    ISHARES US AGGREGATE BOND ETF 25,916 25,916
    ISHARES US PREFERRED STOCK ET 9,683 9,683
    JOHNSON OUTDOORS INC. 1,347 1,347
    JP MORGAN CHASE INC 30,129 30,129
    KADANT INC 2,370 2,370
    KBH HOME 3,536 3,536
    KENPER CORP 2,416 2,416
    KFORCE INC. 2,081 2,081
    KIMBALL ELECTRONICS INC. 1,727 1,727
    L3HARRIS TECHNOLOGIES INC. 70,938 70,938
    LAM RESEARCH CORPORATION 23,111 23,111
    LANTHEUS HOLDINGS INC 1,729 1,729
    LATTICE SEMICONDUCTOR CORP 2,176 2,176
    LOCKHEED MARTIN CORPORATION 105,316 105,316
    LOUISIANA PACIFIC CORP 1,844 1,844
    LUMENTUM HOLDINGS 2,142 2,142
    LYONDELLBASELL INDUSTRIES NV 25,499 25,499
    MALLINCKRODT PLC 200 200
    MAMMOTH ENERGY SERVICES INC. 241 241
    MARATHON PETROLEUM CORP. 116,154 116,154
    MARCUS MILLICHAP INC. 1,845 1,845
    MASTERCARD INC. 124,922 124,922
    MEDPACE HOLDINGS INC. 2,605 2,605
    MEDTRONIC PLC 32,803 32,803
    MERITOR INC 2,091 2,091
    MICROSOFT CORP. 75,076 75,076
    MID-AMER APT CMNTYS INC 23,662 23,662
    MODINE MANUFACTURING CO. 1,569 1,569
    MOODY'S CORP. 81,932 81,932
    MOTOROLA SOLUTIONS INC. 35,616 35,616
    MSA SAFETY INC. 1,964 1,964
    NANOMETRICS INC 1,794 1,794
    NATIONAL GENERAL HOLDINGS 1,911 1,911
    NEXSTAR BROADCASTING GROUP A 2,251 2,251
    NMI HOLDINGS INC. 1,576 1,576
    NORTHROP GRUMMAN CORP 34,106 34,106
    NUVASIVE INC. 2,092 2,092
    NVIDIA CORP. 17,407 17,407
    OMNICELL INC. 1,662 1,662
    ON DECK CAPITAL 995 995
    OVERSEAS SHIPHOLDING GROUP 1,152 1,152
    PACCAR INC. 30,104 30,104
    PATRICK INDUSTRIES INC 1,758 1,758
    PAYCHEX INC. 24,831 24,831
    PAYPAL HOLDINGS INC. 64,537 64,537
    PDL BIOPHARMA INC. 1,750 1,750
    PEABODY ENERGY CORP 839 839
    PFIZER INC 22,636 22,636
    PNC FINANCIAL SERVICES GROUP INC 24,108 24,108
    PRIMERICA INC. 20,738 20,738
    PROCTER & GAMBLE CO. 43,906 43,906
    RAYTHEON COMPANY 68,667 68,667
    REGENERON 19,141 19,141
    REINSURANCE GROUP OF AMERICA IN 30,377 30,377
    RELIANCE STEEL & ALUMINUM CO. 29,998 29,998
    RENEWABLE ENERGY GROUP INC 1,050 1,050
    RH 3,075 3,075
    RLI CORP. 3,066 3,066
    ROPER TECHNOLOGIES INC. 34,234 34,234
    ROSS STORES INC. 34,713 34,713
    SALESFORCE.COM 30,579 30,579
    SANDERSON FARMS INC. 2,724 2,724
    SCHNITZER STEEL INDUSTRIES INC. 1,756 1,756
    SCIENTIFIC GAMES CORP-A 1,343 1,343
    SEMTECH CORP. 1,993 1,993
    SILICON LABORATORIES INC 2,227 2,227
    SONOCO PRODUCTS CO 29,221 29,221
    SPDR BLOOMBERG BARCLAYS INT TR 9,672 9,672
    SPDR GOLD SHARES 6,388 6,388
    STARBUCKS CORP 34,661 34,661
    STONERIDGE INC 2,447 2,447
    STRYKER CORP 21,846 21,846
    SUPERNUS PHARMACEUTICALS INC. 1,264 1,264
    SYNOPSYS INC. 46,665 46,665
    SYSCO 33,110 33,110
    TAKE-TWO INTERACTIVE 21,558 21,558
    TARGET CORP. 55,593 55,593
    TE CONNECTICITY LIMITED 23,295 23,295
    TECH DATA CORP 2,085 2,085
    THE CHILDREN'S PLACE INC. 1,540 1,540
    THE CONTAINER STORE 972 972
    THERMO FISHER SCIENTIFIC INC. 129,324 129,324
    TRINSEO SA 1,374 1,374
    TYSON FOODS, INC 51,684 51,684
    UNIFIRST CORPORATION 2,537 2,537
    UNITEDHEALTH GROUP INC. 78,235 78,235
    UNIVERSAL FOREST PRODUCTS 2,672 2,672
    UNIVERSAL INSURANCE HOLDINGS INC 1,589 1,589
    USANA HEALTH SCIENCES INC. 1,641 1,641
    VALERO ENERGY CORP NEW 57,111 57,111
    VANECK VECTORS JP MORGAN ETF 11,484 11,484
    VANGUARD FTSE EMERGING MARKET 161,040 161,040
    VANGUARD GLOBAL EX-US REIT IND 10,546 10,546
    VANGUARD REAL ESTATE ETF 143,885 143,885
    VIACOM 21,218 21,218
    VONAGE HOLDINGS CORP 2,091 2,091
    WAL-MART STORES INC. 59,340 59,340
    WATERS CORPORATION 17,635 17,635
    WORLD ACCEPTANCE CORP 2,933 2,933
    YUM! BRANDS INC. 54,446 54,446
    ZEBRA TECHNOLOGIES CORP 34,257 34,257
    HANCOCK HORIZON DIVERSIFIED INCO 101,226 101,226
    HANCOCK HORIZON DIVERSIFIED INT'L 47,861 47,861
    HANCOCK HORIZON INT'L SMALL CAP 42,888 42,888
    HANCOCK HORIZON MICROCAP FUND 53,994 53,994
    ISHARES SHORT MATURITY BOND ETF 6,897 6,897
    LOOMIS SAYLES SR. FLOATING RATE F 213,736 213,736

    TY 2018 LegalFeesSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,413 0   0


    TY 2018 OtherExpensesSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 17,539 0   16,378
    INSURANCE 5,935 0   5,935
    MANAGEMENT FEES 57,499 57,499   0
    MISCELLANEOUS 180 0   153
    TELEPHONE 709 0   603
    WEB HOSTING AND SOCIAL MEDIA 6,947 0   6,947
    OFFICE EXPENSE 5,399 0   4,589


    TY 2018 OtherIncreasesSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Description Amount
    UNREALIZED GAINS/LOSSES ON STOCKS AND BONDS 23,431


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 157,867 0   154,729


    TY 2018 TaxesSchedule
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 7,500 0   0
    FOREIGN TAXES 66 66   0
    PERSONAL PROPERTY TAX 77 0   0


    TY 2018 TransfersToControlledEntities
    Name:
    INSTITUTE FOR TECHNOLOGY DEVELOPMENT INC
    EIN:
    64-0689319
    Name US /
    Foreign Address    		 EIN Description Amount
    BIGGER PIE FORUM LLC (SINGLE MEMBER LLC) 750 WOODLANDS PKWY SUITE 201
    RIDGELAND,MS391575222     		64-0689319 TRANSFERS 69,500
    Total     69,500