TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 10-01-2018 , and ending 09-30-2019

Name of foundation
ELIZABETH B MCGRAW FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)1133 BAL HARBOR BLVD 1139 PMB 113
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PUNTA GORDA, FL33950

A Employer identification number

13-3591829

B Telephone number (see instructions)

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$46,536,756J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	44,731		44,731
4	Dividends and interest from securities...	492,832		492,832
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		9,645,864
b	Gross sales price for all assets on line 6a 21,459,887
7	Capital gain net income (from Part IV, line 2)...			9,645,864
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).......		1,143	1,143
12	Total. Add lines 1 through 11........	10,184,570		10,184,570
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		2,850	2,850
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		17,685	17,685
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		78,695	55,179	23,516
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	99,230		75,714	23,516
25	Contributions, gifts, grants paid.......	2,120,000			2,120,000
26	Total expenses and disbursements. Add lines 24 and 25	2,219,230		75,714	2,143,516
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	7,965,340
b	Net investment income (if negative, enter -0-)			10,108,856
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,529,517	176,699	176,699
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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).......	12,885,988	22,204,146	46,360,057
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,415,505	22,380,845	46,536,756
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	14,415,505
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		22,380,845
	30	Total net assets or fund balances (see instructions).....	14,415,505	22,380,845
	31	Total liabilities and net assets/fund balances (see instructions).	14,415,505	22,380,845

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

14,415,505

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

7,965,340

Other increases not included in line 2 (itemize) bullet

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

22,380,845

Decreases not included in line 2 (itemize) bullet

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

22,380,845

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	BLACKROCK INFLATION PROTECTED BOND	P		2018-10-09
b	DIGITAL REALTY TRUST INC	P		2018-10-09
c	JANUS TRITON FD	P		2018-10-09
d	WALMART INC	P	2018-03-05	2018-10-10
e	CONAGRA FOODS INC	P	2015-02-03	2018-10-10
	METLIFE INC	P		2018-10-10
	TRAVELERS COS INC	P		2018-10-10
	EOG RESOURCES INC	P	2010-09-14	2018-10-10
	FNMA 2012-29 CL PA	P	2018-10-29
	ALEXANDRIA REAL ESTATE	P	2019-02-26	2019-07-17
	US TREAS 3.5% 5/15/20	P	2018-10-17	2019-06-25
	CLEARBRIDGE SMALL CAP	P	2017-12-07	2018-10-09
	INVESCO EUROPEAN GROWTH	P		2018-10-09
	JP MORGAN CHASE & CO	P		2018-10-09
	YUM BRANDS INC	P	2018-03-05	2018-10-10
	COSTCO WHOLESALE CORP	P		2018-10-10
	MICROSOFT CORP	P		2018-10-10
	TWENTY-FIRST CENTURY FOX	P		2018-10-10
	EXPRESS SCRIPTS HOLDING CO	P	2010-09-28	2018-10-10
	FNMA 2012-98 CL JP	P	2018-10-31	2018-12-26
	ANHEUSER-BUSCH INBEV FIN	P	2018-10-17	2019-02-11
	AMERICREDIT AUTOMOBILE REC	P	2018-10-29	2019-08-08
	INVESCO EUROPEAN GROWTH	P	2018-02-08	2018-10-09
	JANUS TRITON FD	P		2018-10-09
	OPP/STELLPATH	P		2018-10-09
	ALPHABET INC	P		2018-10-10
	CVS HEALTH CORP	P	2016-03-23	2018-10-10
	NEXTERA ENERGY INC	P		2018-10-10
	US BANCORP	P		2018-10-10
	ISHARES GOLD TRUST	P
	FNMA AJ9355	P	2018-11-01	2018-12-26
	APACHE CORP	P	2018-10-17	2018-06-21
	FHLMC 3822 CL VE	P	2018-10-24
	JANUS TRITON FD	P	2017-12-19	2018-10-09
	JP MORGAN CHASE & CO	P		2018-10-09
	PRINCIPAL PREFERRED SEC	P		2018-10-09
	ALPHABET INC	P		2018-10-10
	DOWDUPONT INC	P		2018-10-10
	NXP SEMICONDUCTORS	P	2016-03-23	2018-10-10
	VISA INC	P		2018-10-10
	MCKESSON CORP	P	2010-09-14	2018-10-10
	FNMA 2005-39 CL GL	P	2018-10-31	2018-12-26
	APACHE CORP	P	2019-03-05	2019-06-21
	FNMA 1993-139 CL ZQ	P	2018-10-31
	JANUS HENDERSON EUROPE FOCUS	P	2018-02-08	2018-10-09
	LAMB WESTON HLDGS INC	P	2015-02-03	2018-10-09
	ROPER TECHNOLOGIES INC	P	2010-10-08	2018-10-09
	AMAZON.COM INC	P		2018-10-10
	ECOLAB INC	P		2018-10-10
	OCCIDENTAL PETROLEUM CORP	P		2018-10-10
	WALT DISNEY CO	P		2018-10-10
	NIKE INC	P	2008-03-10	2018-10-10
	FNMA 2011-15 CL GA	P	2018-10-30	2018-12-26
	CELGENE CORP	P		2018-05-07
	FNMA 2014-21 CL EA	P	2018-11-19
	MATTHEWS JAPAN FUND	P	2017-12-06	2018-10-09
	MATTHEWS JAPAN FUND	P	2017-04-20	2018-10-09
	TRANSDIGM GROUP INC	P	2010-10-08	2018-10-09
	AMERICAN WATER WORKS CO INC	P	2011-08-25	2018-10-10
	EOG RESOURCES INC	P	2015-03-05	2018-10-10
	PARKER HANNIFIN CORP	P	2012-01-23	2018-10-10
	ALPHABET INC	P	2010-02-25	2018-10-10
	NORFOLK SOUTHERN CORP	P	2010-02-25	2018-10-10
	S & P GLOBAL INC	P
	CITIGROUP INC	P
	FNMA 2012-29 CL PA	P	2018-10-29
	OPP/STELLPATH	P		2018-10-09
	MFS EMERGING MKTS	P	2016-05-31	2018-10-09
	FIDELITY 500 INDEX FD	P	2018-10-10	2018-11-28
	BECTON DICKINSON & CO	P		2018-10-10
	EXPRESS SCRIPTS HOLDING CO	P	2011-11-30	2018-10-10
	PEPSICO INC	P	2011-09-08	2018-10-10
	ALPHABET INC	P	2010-02-25	2018-10-10
	PARKER HANNIFIN CORP	P		2018-10-10
	FIDELITY 500 INDEX FD	P	2018-10-10	2019-07-26
	ENTERTAINMENT PROPERTIES	P		2019-08-15
	FNMA 2012-98 CL JP	P	2018-10-31
	PINNACLE FOODS INC	P	2018-03-05	2018-10-09
	OPP/STELLPATH	P		2018-10-09
	FIDELITY 500 INDEX FD	P	2018-10-10	2018-12-07
	BOEING CO	P	2013-07-02	2018-10-10
	FACEBOOK INC	P		2018-10-10
	PFIZER INC	P		2018-10-10
	AMERIPRISE FINANCIAL INC	P		2018-10-10
	PEPSICO INC	P	2008-03-10	2018-10-10
	ISHARES CORE MSCI EMERGING	P	2018-09-24	2018-09-24
	NBC UNIVERSAL MEDIA LLC	P	2018-10-17	2019-09-03
	FNMA AJ9355 3% 1/1/27	P	2018-11-01
	PRINCIPAL PREFERRED SEC	P		2018-10-09
	PRINCIPAL PREFERRED SEC	P		2018-10-09
	MICROSOFT CORP	P	2018-04-20	2018-10-10
	BORGWARNER INC	P	2015-03-05	2018-10-10
	FIDELITY NATIONAL INFO SERV	P	2016-03-23	2018-10-10
	PROCTER & GAMBLE CO	P		2018-10-10
	ANADARKO PETROLEUM CORP	P	2010-07-13	2018-10-10
	PROCTER & GAMBLE CO	P	2000-06-09	2018-10-10
	ISHARES INC MSCI JAPAN	P
	NEWELL RUBBERMAID INC	P		2019-02-28
	FNMA 2004-29 CL Z	P	2018-12-17
	SPROUTS FARMERS MARKET INC	P	2018-04-20	2018-10-09
	REGAL BELOIT CORP	P		2018-10-09
	NVIDIA CORP	P		2018-10-10
	CHUBB LTD	P	2016-02-16	2018-10-10
	GILEAD SCIENCES INC	P		2018-10-10
	PROLOGIS INC	P		2018-10-10
	APPLE INC	P	2008-03-10	2018-10-10
	ANHEUSER-BUSCH IN BEV FIN	P	2018-10-17	2018-12-14
	OAKMARK INTERNATIONAL	P		2019-05-16
	RABOBANK NEDERLAND	P	2018-10-18	2019-03-07
	FNMA 2005-39 CL GL	P	2018-10-31
	TJX COMPANIES INC	P	2018-04-20	2018-10-17
	TRANSDIGM GROUP INC	P	2011-09-28	2018-10-09
	OAKMARK INTERNATIONAL	P	2018-08-17	2018-12-21
	CHEVRON CORP	P		2018-10-10
	HALLIBURTON CO	P	2016-03-23	2018-10-10
	PRUDENTIAL FINANCIAL INC	P		2018-10-10
	BORGWARNER INC	P	2010-12-16	2018-10-10
	CANADIAN IMPERIAL BANK	P	2018-10-17	2018-10-22
	PGIM GLOBAL REAL ESTATE FUND	P		2019-02-01
	REGIONS FINANCIAL CORP	P	2018-10-17	2019-03-21
	FNMA 2005-88 CL ZC	P	2018-12-14
	ABERDEEN EMER MKTS	P	2017-04-27	2018-10-09
	AMETEK INC	P		2018-10-09
	ONEOK INC	P	2018-04-20	2018-10-10
	CIGNA CORP	P	2016-02-16	2018-10-10
	HOME DEPOT INC	P		2018-10-10
	SALESFORCE.COM INC	P	2014-02-20	2018-10-10
	CELGENE CORP	P	2005-10-03	2018-10-10
	GENERAL MOTORS IINL CO	P	2018-10-17	2018-10-19
	PRIMECAP ODYSSEY STOCK FD	P	2018-10-10	2019-07-16
	REYNOLDS AMERICAN INC	P	2018-10-17	2019-05-07
	FNMA 2011-15 CL GA	P	2018-10-30
	ALERIAN MLP ETF	P	2017-02-15	2018-10-09
	DEUTSCHE GLB REAL EST	P		2018-10-09
	PAYPAL HOLDINGS INC	P	2018-03-05	2018-10-10
	CISCO SYSTEMS INC	P	2015-03-05	2018-10-10
	INTEL CORP	P	2015-03-05	2018-10-10
	SEALED AIR CORP	P	2015-03-05	2018-10-10
	CHEVRON CORP	P	2010-02-25	2018-10-10
	FHLMC 3822 CL VE	P	2018-10-24
	SCHWAB US TIPS ETF	P		2019-06-19
	SIMON PROPERTY GROUP	P	2018-10-17	2019-05-01
	OPPENHEIMER STEELPATH MLP	P		2018-11-21
	BLACKROCK INFLATION PROTECTED BOND	P	2017-02-15	2018-10-09
	IPATH BLOOMBERG COMMODITY	P	2008-03-10	2018-10-09
	PIMCO COMMODITY	P		2018-11-09
	CITIGROUP INC	P		2018-10-10
	MCKESSON CORP	P		2018-10-10
	T-MOBILE US INC	P	2015-03-05	2018-10-10
	CITIGROUP INC	P	2010-12-16	2018-10-10
	FNMA 1993-139 CL ZQ	P	2018-10-31	2018-12-26
	VANGUARD MID-CAP ETF	P	2018-08-17	2019-04-10
	US TREAS 2% 11/30/20	P	2018-10-17	2019-07-30
	OPPENHEIMER STEELPATH MLP	P	2016-02-05	2018-11-21
	CLEARBRIDGE SMALL CAP	P		2018-10-09
	ISHARES MSCI PACIFIC EX-JAPAN	P	2010-12-22	2018-10-09
	SYSCO CORP	P	2018-03-05	2018-10-10
	COMCAST CORP	P	2016-02-16	2018-10-10
	MERCK & CO	P		2018-10-10
	THERMO FISHER SCIENTIFIC INC	P		2018-10-10
	DISCOVER FINANCIAL SERVICES	P	2010-12-16	2018-10-10
	FNMA 2014-21 CL EA	P	2018-11-19	2018-12-26
	ISHARES GOLD TRUST	P
	US TREAS 3.375% 11/15/19	P	2018-10-17	2019-06-20

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	98	100	-2
b	110,686	81,144	29,542
c	67,164	35,191	31,973
d	72,747	67,521	5,226
e	54,008	41,394	12,614
	47,426	44,320	3,106
	98,376	54,937	43,439
	103,051	37,005	66,046
	7,387	7,442	-55
	10,612	10,308	304
	162,131	160,921	1,210
	12,349	9,796	2,553
	569,664	540,389	29,275
	172,410	55,033	117,377
	56,860	50,210	6,650
	157,015	64,139	92,876
	272,890	108,104	164,786
	56,583	28,088	28,495
	144,998	73,708	71,290
	2,017	2,006	11
	4,958	4,909	49
	9,151	9,128	23
	45,709	50,000	-4,291
	148,904	90,473	58,431
	81,113	70,212	10,901
	111,124	44,949	66,175
	80,072	101,960	-21,888
	87,295	27,737	59,558
	125,535	108,608	16,927
	234		234
	1,275	1,258	17
	6,090	6,000	90
	13,146	13,298	-152
	10,864	9,696	1,168
	206,892	113,953	92,939
	405,377	399,994	5,383
	111,990	45,051	66,939
	74,276	58,504	15,772
	39,555	41,335	-1,780
	277,215	114,544	162,671
	69,133	30,014	39,119
	1,005	1,040	-35
	4,064	3,968	96
	14,886	15,788	-902
	161,752	175,000	-13,248
	37,337	12,732	24,605
	173,965	39,791	134,174
	455,642	77,689	377,953
	154,150	55,133	99,017
	100,361	99,743	618
	116,036	97,303	18,733
	271,124	50,899	220,225
	2,992	3,061	-69
	20,300	20,207	93
	16,842	16,324	518
	14,136	14,350	-214
	456,974	400,000	56,974
	104,818	5,034	99,784
	68,706	21,443	47,263
	25,763	17,917	7,846
	43,462	20,270	23,192
	83,745	19,568	64,177
	175,058	50,779	124,279
	4,285,846	8,402	4,277,444
	20,534	20,054	480
	16,737	16,862	-125
	16,583	15,807	776
	5	5
	182,018	184,327	-2,309
	100,144	59,263	40,881
	24,166	11,414	12,752
	27,216	15,335	11,881
	83,993	19,516	64,477
	69,540	30,562	38,978
	220,036	203,663	16,373
	22,150	20,930	1,220
	13,578	13,508	70
	65,789	57,075	8,714
	152,235	137,602	14,633
	182,005	191,874	-9,869
	186,311	51,000	135,311
	116,208	53,612	62,596
	136,157	98,697	37,460
	220,889	76,901	143,988
	92,533	59,084	33,449
	196,616	211,878	-15,262
	10,200	10,121	79
	11,599	11,447	152
	18,034	18,493	-459
	83,487	84,443	-956
	54,578	47,572	7,006
	9,985	15,545	-5,560
	106,466	62,472	43,994
	37,036	31,786	5,250
	62,051	42,900	19,151
	41,152	14,125	27,027
	284,853	296,186	-11,333
	19,528	19,551	-23
	5,400	5,616	-216
	52,942	49,020	3,922
	83,049	62,027	21,022
	127,083	116,441	10,642
	67,734	57,957	9,777
	229,730	64,479	165,251
	133,383	81,556	51,827
	894,928	69,811	825,117
	4,936	4,909	27
	100,000	110,997	-10,997
	10,281	10,182	99
	9,002	9,308	-306
	111,479	82,695	28,784
	34,939	3,820	31,119
	150,000	191,955	-41,955
	112,347	111,209	1,138
	82,205	71,272	10,933
	147,852	91,854	55,998
	39,540	35,322	4,218
	9,767	9,781	-14
	231,203	227,084	4,119
	10,084	9,929	155
	8,966	9,505	-539
	284,156	300,000	-15,844
	155,106	24,696	130,410
	68,003	58,040	9,963
	74,746	46,690	28,056
	196,642	77,865	118,777
	71,114	31,210	39,904
	171,915	27,050	144,865
	9,515	9,551	-36
	200,415	195,787	4,628
	10,242	10,030	212
	12,799	13,095	-296
	54,182	65,600	-11,418
	219,061	189,043	30,018
	77,741	78,920	-1,179
	105,428	66,044	39,384
	102,527	75,968	26,559
	46,082	57,710	-11,628
	68,656	39,181	29,475
	3,222	3,259	-37
	552,065	542,639	9,426
	5,014	4,817	197
	30	33	-3
	143,832	149,665	-5,833
	121,849	322,564	-200,715
	327,575	356,518	-28,943
	140,800	94,877	45,923
	34,567	19,914	14,653
	68,765	32,910	35,855
	57,764	36,940	20,824
	2,474	2,624	-150
	197,814	196,165	1,649
	75,056	73,620	1,436
	1,415	1,286	129
	362,620	223,466	139,154
	216,907	231,305	-14,398
	71,668	59,729	11,939
	70,824	57,550	13,274
	108,236	69,345	38,891
	236,445	57,246	179,199
	76,779	18,450	58,329
	2,114	2,049	65
	764		764
	160,813	160,413	400

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			-2
b			29,542
c			31,973
d			5,226
e			12,614
			3,106
			43,439
			66,046
			-55
			304
			1,210
			2,553
			29,275
			117,377
			6,650
			92,876
			164,786
			28,495
			71,290
			11
			49
			23
			-4,291
			58,431
			10,901
			66,175
			-21,888
			59,558
			16,927
			234
			17
			90
			-152
			1,168
			92,939
			5,383
			66,939
			15,772
			-1,780
			162,671
			39,119
			-35
			96
			-902
			-13,248
			24,605
			134,174
			377,953
			99,017
			618
			18,733
			220,225
			-69
			93
			518
			-214
			56,974
			99,784
			47,263
			7,846
			23,192
			64,177
			124,279
			4,277,444
			480
			-125
			776

			-2,309
			40,881
			12,752
			11,881
			64,477
			38,978
			16,373
			1,220
			70
			8,714
			14,633
			-9,869
			135,311
			62,596
			37,460
			143,988
			33,449
			-15,262
			79
			152
			-459
			-956
			7,006
			-5,560
			43,994
			5,250
			19,151
			27,027
			-11,333
			-23
			-216
			3,922
			21,022
			10,642
			9,777
			165,251
			51,827
			825,117
			27
			-10,997
			99
			-306
			28,784
			31,119
			-41,955
			1,138
			10,933
			55,998
			4,218
			-14
			4,119
			155
			-539
			-15,844
			130,410
			9,963
			28,056
			118,777
			39,904
			144,865
			-36
			4,628
			212
			-296
			-11,418
			30,018
			-1,179
			39,384
			26,559
			-11,628
			29,475
			-37
			9,426
			197
			-3
			-5,833
			-200,715
			-28,943
			45,923
			14,653
			35,855
			20,824
			-150
			1,649
			1,436
			129
			139,154
			-14,398
			11,939
			13,274
			38,891
			179,199
			58,329
			65
			764
			400

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	9,645,864
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	4,276,446

Part V

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

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

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

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

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

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

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	2,585,617	40,776,295	0.063410
2016	1,726,103	38,187,543	0.045201
2015	1,646,336	30,976,371	0.053148
2014	1,552,007	32,100,152	0.048349
2013	1,265,373	29,477,911	0.042926

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

0.253034

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.050607

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

42,580,110

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

2,154,852

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

101,089

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

2,255,941

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

2,143,516

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	202,177
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	202,177
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	202,177
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	18,901
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	18,901
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	183,276
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

MARJORIE L MCGRAW Telephone no. bullet

(774) 238-1610

Located at bullet

1133 BAL HARBOR BLVD 1139 PMB 113PUNTA GORDAFL ZIP+4 bullet

33950

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
LEE MCGRAW	PRESIDENT 000.00	0	0	0
1133 BAL HARBOR BLVD STE 1139 254 PUNTA GORDA,FL33950	PRESIDENT 000.00	0	0	0
JOHN MCGRAW	DIRECTOR 000.00	0	0	0
157 EEL RIVER RD OSTERVILLE,MA02655	DIRECTOR 000.00	0	0	0
JOHN L MCGRAW JR	DIRECTOR 000.00	0	0	0
13905 49TH AVE CT NW GIG HARBOR,WA98332	DIRECTOR 000.00	0	0	0
MARK MCGRAW	DIRECTOR 000.00	0	0	0
10553 ST ANDREWS RD BOYNTON BEACH,FL33436	DIRECTOR 000.00	0	0	0

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

Form 990-PF (2018)

Page 7

Part VIII

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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


All other program-related investments. See instructions.
3

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

Form 990-PF (2018)

Page 8

Part X

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

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

purposes:

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

42,580,624

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

647,914

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

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

43,228,538

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

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

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

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

43,228,538

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

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

648,428

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

42,580,110

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

2,129,006

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

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

2,129,006

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

202,177

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

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

202,177

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

1,926,829

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

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

1,926,829

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

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

1,926,829

Part XII

Qualifying Distributions (see instructions)

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

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

2,143,516

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

2,143,516

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

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

2,143,516

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7			1,926,829
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2018:
a From 2013......
b From 2014......
c From 2015......
d From 2016......
e From 2017......	342,165
fTotal of lines 3a through e........		342,165
4Qualifying distributions for 2018 from Part
XII, line 4: $ 2,143,516
a Applied to 2017, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2018 distributable amount.....			1,926,829
e Remaining amount distributed out of corpus		216,687
5 Excess distributions carryover applied to 2018.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		558,852
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........			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) .......
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		558,852
10 Analysis of line 9:
a Excess from 2014....
b Excess from 2015....
c Excess from 2016....
d Excess from 2017....	342,165
e Excess from 2018....	216,687

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
GIRLS ON THE RUN 801 E MOREHEAD DR SUITE 2 CHARLOTTE,NC28202	NONE	PC	GENERAL CHARITABLE PURPOSES	25,000
COTUIT CENTER FOR THE ARTS 4404 FALMOUTH RD COTUIT,MA02635	NONE	PC	GENERAL CHARITABLE PURPOSES	125,000
UNIVERSITY OF PUGET SOUND 1500 N WARNER ST TACOMA,WA98416	NONE	PC	GENERAL CHARITABLE PURPOSES	100,000
MSPCA SHELTER - CENTERVILLE 350 S HUNTINGTON AVE BOSTON,MA02130	NONE	PC	GENERAL CHARITABLE PURPOSES	75,000
CHARLOTTE SYMPHONY ORCHESTRA 128 S TRYON ST STE 350 CHARLOTTE,NC28202	NONE	PC	GENERAL CHARITABLE PURPOSES	200,000
NORTON MUSEUM OF ART 1451 S OLIVE AVE WEST PALM BEACH,FL33401	NONE	PC	GENERAL CHARITABLE PURPOSES	100,000
CAMP UKANDO 601 SW 2ND AVE STE 2300 PORTLAND,OR97204	NONE	PC	GENERAL CHARITABLE PURPOSES	300,000
BOYS AND GIRLS CLUB OF PUGET SOUND 8502 SKANSIE AVE GIG HARBOR,WA98332	NONE	PC	GENERAL CHARITABLE PURPOSES	150,000
CAPE COD HEALTH CARE 27 PARK ST HYANNIS,MA02602	NONE	PC	GENERAL CHARITABLE PURPOSES	400,000
JACK THE BIKE MAN 2406 FLORIDA AVE WEST PALM BEACH,FL33401	NONE	PC	GENERAL CHARITABLE PURPOSES	30,000
METROPOLITAN OPERA 30 LINCOLN CENTER PLAZA NEW YORK,NY10023	NONE	PC	GENERAL CHARITABLE PURPOSES	100,000
CHARLOTTE PREPARATORY SCHOOL 365 ORLANDO BLVD PT CHARLOTTE,FL33954	NONE	PC	GENERAL CHARITABLE PURPOSES	100,000
PLANNED PARENTHOOD 123 WILLIAM ST 10TH FLOO NEW YORK,NY10038	NONE	PC	GENERAL CHARITABLE PURPOSES	100,000
HARBORSIDE CENTER FOR THE ARTS 1133 BAL HARBOR BLVD PUNTA GORDA,FL33950	NONE	PC	GENERAL CHARITABLE PURPOSES	200,000
VISUAL ARTS CENTER OF CHARLOTTE CO 210 MAUDE ST PUNTA GORDA,FL33950	NONE	PC	GENERAL CHARITABLE PURPOSES	50,000
MUSIC WORKSHOP 4804 SW SCHOLLS FERRY RD PORTLAND,OR97225	NONE	PC	GENERAL CHARITABLE PURPOSES	20,000
CANNON THEATER GROUP 410 GREAT RD LITTLETON,MA01460	NONE	PC	GENERAL CHARITABLE PURPOSES	10,000
CLEWISTON MUSEUM 109 CENTRAL AVE CLEWISTON,FL33440	NONE	PC	GENERAL CHARITABLE PURPOSES	35,000
Total ................................. 3a				2,120,000

bApproved for future payment

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

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	44,731
4 Dividends and interest from securities....			14	492,832
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.....			18	1,143
8 Gain or (loss) from sales of assets other than inventory ............			18	9,645,864
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)..				10,184,570

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

10,184,570

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

ELIZABETH B MCGRAW FOUNDATION INC

EIN:

13-3591829

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	2,850	2,850

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

ELIZABETH B MCGRAW FOUNDATION INC

EIN:

13-3591829

Name of Stock	End of Year Book Value	End of Year Fair Market Value
	22,204,146	46,360,057

- TIN:

TY 2018 OtherExpensesSchedule

Name:

ELIZABETH B MCGRAW FOUNDATION INC

EIN:

13-3591829

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
CUSTODIAL MANAGEMENT FEES	73,572	55,179	18,393
STATE FILING FEES	750		750
TRAVEL REIMBURSEMENT	4,373		4,373

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

ELIZABETH B MCGRAW FOUNDATION INC

EIN:

13-3591829

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CLASS ACTION SETTLEMENTS	1,143	1,143

- TIN:

TY 2018 TaxesSchedule

Name:

ELIZABETH B MCGRAW FOUNDATION INC

EIN:

13-3591829

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	17,685	17,685