Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 11-01-2018 , and ending 10-31-2019
Name of foundation
STEPHANIE PREPIORA ENDOWMENT FD A
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

45-6085277
B Telephone number (see instructions)

(701) 795-6162
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$327,571J 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      
4 Dividends and interest from securities... 8,267 8,238  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,926
b Gross sales price for all assets on line 6a 187,595
7 Capital gain net income (from Part IV, line 2)... 5,926
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 2,886    
12 Total. Add lines 1 through 11........ 17,079 14,164  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,650 9,585   1,065
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 3,000 0 0 3,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 332 208   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,982 9,793 0 4,065
25 Contributions, gifts, grants paid....... 19,225 19,225
26 Total expenses and disbursements. Add lines 24 and 25 33,207 9,793 0 23,290
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -16,128
b Net investment income (if negative, enter -0-) 4,371
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets 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.............      
2 Savings and temporary cash investments......... 2,982 5,523 5,523
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 190,119 Click to see attachment286,088 322,048
c Investments—corporate bonds (attach schedule)....... 114,550    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 307,651 291,611 327,571
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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........ 307,651 291,611
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 307,651 291,611
31 Total liabilities and net assets/fund balances (see instructions). 307,651 291,611
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
307,651
2
Enter amount from Part I, line 27a .....................
2
-16,128
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
88
4
Add lines 1, 2, and 3 ..........................
4
291,611
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
291,611
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 10.417 AMERICAN CENTURY HIGH INCOME FUND CL   2018-02-02 2018-11-20
b 6.692 AMERICAN CENTURY HIGH INCOME FUND CL   2017-11-01 2018-11-20
c 15.465 DOUBLELINE TOTAL RET BD I   2018-08-16 2018-11-20
d 5. ISHARES FLOATING RATE BOND ETF   2018-08-16 2018-11-20
e 9.217 JOHN HANCOCK FDS III DISCPLN V I     2018-11-20
17.906 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2014-04-02 2018-11-20
13.736 NUVEEN REAL ESTATE SECS I   2017-11-01 2018-11-20
7.154 ROBECO BOSTON PARTNERS L S RSRCH   2015-04-01 2018-11-20
12.953 TCW EMERGING MARKETS INCOME FUND   2018-02-02 2018-11-20
1.439 VANGUARD SMALL CAP INDEX FUND   2016-01-21 2018-11-20
15.699 INV BALANCE RISK COMM STR Y   2018-08-10 2019-01-15
11.554 AMERICAN CENTURY HIGH INCOME FUND CL   2017-10-10 2019-01-15
10.352 AMERICAN CENTURY HIGH INCOME FUND CL   2018-01-17 2019-01-15
10.352 AMERICAN CENTURY HIGH INCOME FUND CL   2018-01-17 2019-01-15
11.554 AMERICAN CENTURY HIGH INCOME FUND CL   2017-10-10 2019-01-15
6.077 AMERICAN CENTURY HIGH INCOME FUND CL   2016-09-28 2019-01-15
10.352 AMERICAN CENTURY HIGH INCOME FUND CL   2018-01-17 2019-01-15
10.24 AMERICAN CENTURY HIGH INCOME FUND CL   2017-10-10 2019-01-15
11.666 AMERICAN CENTURY HIGH INCOME FUND CL   2018-01-17 2019-01-15
9.488 BAIRD AGGREGATE BOND FD INSTL   2018-08-10 2019-01-15
9.645 BARON EMERGING MARKETS INSTITUTIONAL   2018-08-10 2019-01-15
162.21 CAUSEWAY EMERGING MARKETS INSTL   2016-03-31 2019-01-15
28.791 DOUBLELINE TOTAL RET BD I   2018-08-10 2019-01-15
33.589 DOUBLELINE TOTAL RET BD I   2018-08-10 2019-01-15
19.194 DOUBLELINE TOTAL RET BD I   2018-08-10 2019-01-15
9.597 DOUBLELINE TOTAL RET BD I   2018-08-10 2019-01-15
162.334 FIDELITY INVT TR AD INTL DISCI     2019-01-15
5. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-01-15
4. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-01-15
8. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-01-15
13.492 JOHN HANCOCK FDS III DISCPLN V I   2016-01-14 2019-01-15
20.683 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2014-04-02 2019-01-15
20.683 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2014-04-02 2019-01-15
7.065 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2014-04-02 2019-01-15
13.618 LOOMIS SAYLES STRATEGIC ALPHA FUND Y   2018-01-17 2019-01-15
40.385 ROWE T PRICE MID CAP GROWTH FD INC     2019-01-15
492.509 T ROWE PRICE INTL GRINC FD     2019-01-15
60.061 ROWE T PRICE MID-CAP VALUE FD INC     2019-01-15
5.334 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-01-15
13.75 TCW EMERGING MARKETS INCOME FUND   2018-05-08 2019-01-15
9.792 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-01-15
15.653 TCW EMERGING MARKETS INCOME FUND   2018-05-08 2019-01-15
11.601 TCW EMERGING MARKETS INCOME FUND   2018-01-17 2019-01-15
1.122 TCW EMERGING MARKETS INCOME FUND   2014-09-29 2019-01-15
7.706 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-01-15
24.101 TCW EMERGING MARKETS INCOME FUND     2019-01-15
1.49 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-01-15
1.49 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-01-15
.419 VANGUARD 500 IDX ADML   2017-04-24 2019-01-15
.629 VANGUARD 500 IDX ADML   2017-04-24 2019-01-15
.419 VANGUARD 500 IDX ADML   2017-04-24 2019-01-15
9.855 BARON EMERGING MARKETS INSTITUTIONAL   2018-05-16 2019-02-04
12.236 BARON EMERGING MARKETS INSTITUTIONAL   2017-11-01 2019-02-04
24.023 NUVEEN MID CAP VALUE FUND CL I     2019-02-04
.986 NUVEEN MID CAP VALUE FUND CL I   2018-12-18 2019-02-04
4.811 CAMBIAR INTL EQUITY FUND INS     2019-05-03
3.495 CAMBIAR INTL EQUITY FUND INS   2017-10-10 2019-05-03
3.694 CAMBIAR INTL EQUITY FUND INS   2018-08-10 2019-05-03
3.694 CAMBIAR INTL EQUITY FUND INS   2018-08-10 2019-05-03
5.409 CAMBIAR INTL EQUITY FUND INS   2017-10-10 2019-05-03
6.176 CAMBIAR INTL EQUITY FUND INS   2017-04-24 2019-05-03
8.194 CAMBIAR INTL EQUITY FUND INS   2019-01-15 2019-05-03
15.408 INV BALANCE RISK COMM STR Y   2018-08-16 2019-05-03
17.594 BAIRD AGGREGATE BOND FD INSTL     2019-05-03
18.992 BARON EMERGING MARKETS INSTITUTIONAL   2017-11-01 2019-05-03
24.102 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-05-03
6.588 BARON EMERGING MARKETS INSTITUTIONAL   2018-05-08 2019-05-03
6.588 BARON EMERGING MARKETS INSTITUTIONAL   2018-05-08 2019-05-03
23.554 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-05-03
19.708 BARON EMERGING MARKETS INSTITUTIONAL   2017-04-24 2019-05-03
24.008 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-05-03
36.171 BLACK ROCK INTERNAYIONAL INDEX FUND     2019-05-03
2.189 BLACK ROCK INTERNAYIONAL INDEX FUND     2019-05-03
14.524 BLACK ROCK INTERNAYIONAL INDEX FUND   2018-08-10 2019-05-03
16.628 BLACK ROCK INTERNAYIONAL INDEX FUND   2017-10-10 2019-05-03
14.524 BLACK ROCK INTERNAYIONAL INDEX FUND   2018-08-10 2019-05-03
20.473 BLACK ROCK INTERNAYIONAL INDEX FUND   2017-10-10 2019-05-03
7.261 BLACK ROCK INTERNAYIONAL INDEX FUND   2018-08-10 2019-05-03
11.043 BLACK ROCK INTERNAYIONAL INDEX FUND   2017-04-24 2019-05-03
38.999 BLACK ROCK INTERNAYIONAL INDEX FUND   2019-01-15 2019-05-03
14.375 DOUBLELINE TOTAL RET BD I   2018-08-16 2019-05-03
13.342 FEDERATED INST HI YLD BD FD   2014-04-02 2019-05-03
10.215 FEDERATED INST HI YLD BD FD   2014-09-29 2019-05-03
10.215 FEDERATED INST HI YLD BD FD   2014-04-02 2019-05-03
6.411 JOHN HANCOCK FDS III DISCPLN V I   2016-01-21 2019-05-03
8.45 JOHN HANCOCK FDS III DISCPLN V I   2016-01-14 2019-05-03
8.245 JOHN HANCOCK FDS III DISCPLN V I   2016-01-14 2019-05-03
6.517 JOHN HANCOCK FDS III DISCPLN V I   2016-01-14 2019-05-03
13.045 JOHN HANCOCK FDS III DISCPLN V I   2016-01-14 2019-05-03
9.546 NUVEEN REAL ESTATE SECS I   2017-11-01 2019-05-03
15.468 NUVEEN REAL ESTATE SECS I   2017-10-10 2019-05-03
16.359 NUVEEN REAL ESTATE SECS I   2017-10-10 2019-05-03
9.944 NUVEEN REAL ESTATE SECS I   2014-09-29 2019-05-03
17.372 NUVEEN REAL ESTATE SECS I   2017-10-10 2019-05-03
9.042 NUVEEN INFLATION PRO SEC CL I   2016-08-02 2019-05-03
9.042 NUVEEN INFLATION PRO SEC CL I   2017-10-10 2019-05-03
4.131 PRICE T ROWE GROWTH STK FD INC COM     2019-05-03
4.403 PRICE T ROWE GROWTH STK FD INC COM     2019-05-03
4.649 PRICE T ROWE GROWTH STK FD INC COM     2019-05-03
3.4 PRICE T ROWE GROWTH STK FD INC COM     2019-05-03
5.89 PRICE T ROWE GROWTH STK FD INC COM   2018-08-10 2019-05-03
125.838 ROBECO BOSTON PARTNERS L S RSRCH     2019-05-03
128.905 ROBECO BOSTON PARTNERS L S RSRCH     2019-05-03
133.333 ROBECO BOSTON PARTNERS L S RSRCH     2019-05-03
78.978 ROBECO BOSTON PARTNERS L S RSRCH     2019-05-03
175.516 ROBECO BOSTON PARTNERS L S RSRCH     2019-05-03
.389 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-04-24 2019-05-03
13.423 SALIENT MLP ENERGY INFRASTRUCTURE I   2018-05-08 2019-05-03
12.255 TCW EMERGING MARKETS INCOME FUND   2017-11-01 2019-05-03
12.255 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-05-03
.733 VANGUARD MID CAP INDEX-ADM   2017-02-01 2019-05-03
2.402 VANGUARD MID CAP INDEX-ADM   2017-04-24 2019-05-03
2.254 VANGUARD MID CAP INDEX-ADM   2017-04-24 2019-05-03
1.739 VANGUARD MID CAP INDEX-ADM   2017-04-24 2019-05-03
2.749 VANGUARD MID CAP INDEX-ADM   2019-01-15 2019-05-03
1.884 VANGUARD SMALL CAP INDEX FUND   2016-01-21 2019-05-03
2.215 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-05-03
3.815 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-05-03
1.329 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-05-03
4.979 VANGUARD SMALL CAP INDEX FUND   2016-03-31 2019-05-03
.742 VANGUARD 500 IDX ADML   2017-04-24 2019-05-03
1.113 VANGUARD 500 IDX ADML   2017-04-24 2019-05-03
.931 VANGUARD 500 IDX ADML   2017-04-24 2019-05-03
1.988 VANGUARD 500 IDX ADML   2018-01-17 2019-05-03
45.713 CAMBIAR INTL EQUITY FUND INS   2017-02-01 2019-07-18
46.067 CAMBIAR INTL EQUITY FUND INS     2019-07-18
47.804 CAMBIAR INTL EQUITY FUND INS     2019-07-18
29.718 CAMBIAR INTL EQUITY FUND INS   2017-04-24 2019-07-18
63.659 CAMBIAR INTL EQUITY FUND INS   2019-01-15 2019-07-18
89.382 INV BALANCE RISK COMM STR Y   2018-08-16 2019-07-18
103.093 INV BALANCE RISK COMM STR Y   2018-08-10 2019-07-18
94.758 INV BALANCE RISK COMM STR Y   2018-08-10 2019-07-18
66.274 INV BALANCE RISK COMM STR Y   2018-08-10 2019-07-18
139.912 INV BALANCE RISK COMM STR Y   2018-08-10 2019-07-18
189.036 BAIRD AGGREGATE BOND FD INSTL   2018-08-16 2019-07-18
273.98 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
319.173 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
149.993 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
331.553 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
159.445 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
214.626 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
84.34 BAIRD AGGREGATE BOND FD INSTL   2018-08-10 2019-07-18
270.556 BAIRD AGGREGATE BOND FD INSTL   2018-08-10 2019-07-18
376.743 BAIRD AGGREGATE BOND FD INSTL     2019-07-18
131.054 BARON EMERGING MARKETS INSTITUTIONAL   2017-11-01 2019-07-18
132.048 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-07-18
136.982 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-07-18
85.298 BARON EMERGING MARKETS INSTITUTIONAL   2017-04-24 2019-07-18
182.347 BARON EMERGING MARKETS INSTITUTIONAL   2017-10-10 2019-07-18
318.353 FEDERATED INST HI YLD BD FD     2019-07-18
21.142 FEDERATED INST HI YLD BD FD   2019-01-15 2019-07-18
304.632 FEDERATED INST HI YLD BD FD     2019-07-18
317.946 FEDERATED INST HI YLD BD FD     2019-07-18
21.142 FEDERATED INST HI YLD BD FD   2019-01-15 2019-07-18
21.142 FEDERATED INST HI YLD BD FD   2019-01-15 2019-07-18
182.433 FEDERATED INST HI YLD BD FD     2019-07-18
36.998 FEDERATED INST HI YLD BD FD   2019-01-15 2019-07-18
404.422 FEDERATED INST HI YLD BD FD     2019-07-18
30. ISHARES FLOATING RATE BOND ETF   2018-08-16 2019-07-18
30. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-07-18
31. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-07-18
20. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-07-18
42. ISHARES FLOATING RATE BOND ETF   2018-08-10 2019-07-18
15. ISHARES MSCI USA MIN VOLATILITY ETF   2019-05-03 2019-07-18
21. ISHARES MSCI USA MIN VOLATILITY ETF   2019-05-03 2019-07-18
21. ISHARES MSCI USA MIN VOLATILITY ETF   2019-05-03 2019-07-18
13. ISHARES MSCI USA MIN VOLATILITY ETF   2019-05-03 2019-07-18
28. ISHARES MSCI USA MIN VOLATILITY ETF   2019-05-03 2019-07-18
191.053 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2019-07-18
190.121 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2019-07-18
197.565 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2019-07-18
121.387 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2019-07-18
266.727 LOOMIS SAYLES STRATEGIC ALPHA FUND Y     2019-07-18
59.617 NUVEEN REAL ESTATE SECS I     2019-07-18
60.083 NUVEEN REAL ESTATE SECS I     2019-07-18
62.354 NUVEEN REAL ESTATE SECS I     2019-07-18
38.74 NUVEEN REAL ESTATE SECS I     2019-07-18
83.047 NUVEEN REAL ESTATE SECS I     2019-07-18
13.21 ROBECO BOSTON PARTNERS L S RSRCH   2019-02-04 2019-07-18
68.862 ROBECO BOSTON PARTNERS L S RSRCH     2019-07-18
6.775 ROBECO BOSTON PARTNERS L S RSRCH   2019-01-15 2019-07-18
75.983 ROBECO BOSTON PARTNERS L S RSRCH   2014-06-04 2019-07-18
79.201 ROBECO BOSTON PARTNERS L S RSRCH   2014-06-04 2019-07-18
6.775 ROBECO BOSTON PARTNERS L S RSRCH   2019-01-15 2019-07-18
53.117 ROBECO BOSTON PARTNERS L S RSRCH   2014-06-04 2019-07-18
8.469 ROBECO BOSTON PARTNERS L S RSRCH   2019-01-15 2019-07-18
106.188 ROBECO BOSTON PARTNERS L S RSRCH   2014-06-04 2019-07-18
86.792 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-02-01 2019-07-18
83.506 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-04-24 2019-07-18
86.564 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-04-24 2019-07-18
49.17 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-04-24 2019-07-18
112.194 SALIENT MLP ENERGY INFRASTRUCTURE I   2017-08-01 2019-07-18
14.045 SALIENT MLP ENERGY INFRASTRUCTURE I   2019-01-15 2019-07-18
226.316 TCW EMERGING MARKETS INCOME FUND     2019-07-18
225.338 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-07-18
242.032 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-07-18
152.326 TCW EMERGING MARKETS INCOME FUND     2019-07-18
325.995 TCW EMERGING MARKETS INCOME FUND   2017-10-10 2019-07-18
331.048 TIAA CREF INFLATION LINKED BOND FUND     2019-07-18
291.989 TIAA CREF INFLATION LINKED BOND FUND     2019-07-18
36.251 TIAA CREF INFLATION LINKED BOND FUND   2019-01-15 2019-07-18
31.719 TIAA CREF INFLATION LINKED BOND FUND   2019-01-15 2019-07-18
314.952 TIAA CREF INFLATION LINKED BOND FUND     2019-07-18
13.594 TIAA CREF INFLATION LINKED BOND FUND   2019-01-15 2019-07-18
203.002 TIAA CREF INFLATION LINKED BOND FUND     2019-07-18
40.782 TIAA CREF INFLATION LINKED BOND FUND   2019-01-15 2019-07-18
419.771 TIAA CREF INFLATION LINKED BOND FUND     2019-07-18
39.88 JOHN HANCOCK FDS III DISCPLN V I   2016-01-21 2019-08-09
11.567 PRICE T ROWE GROWTH STK FD INC COM   2016-01-21 2019-08-09
83.333 DOUBLELINE TOTAL RET BD I   2018-08-16 2019-10-08
59.603 PGIM TOTAL RETURN BOND CL R6   2019-07-18 2019-10-08
CAPITAL GAIN DIVIDENDS P    
(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 95   100 -5
b 61   65 -4
c 160   161 -1
d 254   255 -1
e 196   170 26
175   180 -5
273   307 -34
114   110 4
99   110 -11
98   68 30
100   107 -7
106   112 -6
95   100 -5
95   100 -5
106   112 -6
56   57 -1
95   100 -5
94   99 -5
107   113 -6
100   100  
126   133 -7
1,912   1,617 295
300   300  
350   350  
200   200  
100   100  
6,096   6,230 -134
252   255 -3
202   204 -2
404   408 -4
252   215 37
200   208 -8
200   208 -8
68   71 -3
132   136 -4
3,227   2,972 255
6,186   6,379 -193
1,526   1,479 47
42   46 -4
108   110 -2
77   84 -7
123   125 -2
91   100 -9
9   10 -1
61   66 -5
190   200 -10
101   80 21
101   80 21
101   92 9
152   138 14
101   92 9
134   150 -16
166   183 -17
908   445 463
37   35 2
127   136 -9
92   99 -7
97   100 -3
97   100 -3
142   153 -11
163   156 7
216   196 20
100   103 -3
190   192 -2
270   284 -14
343   361 -18
94   100 -6
94   100 -6
335   352 -17
280   251 29
341   359 -18
483   459 24
29   30 -1
194   200 -6
222   234 -12
194   200 -6
274   289 -15
97   100 -3
148   141 7
521   476 45
151   150 1
131   138 -7
100   102 -2
100   106 -6
130   99 31
171   135 36
167   132 35
132   104 28
264   208 56
205   213 -8
332   349 -17
351   369 -18
213   224 -11
372   392 -20
100   103 -3
100   101 -1
285   254 31
304   266 38
321   280 41
234   212 22
406   418 -12
1,911   1,895 16
1,958   1,950 8
2,025   2,008 17
1,200   1,208 -8
2,666   2,667 -1
3   4 -1
98   100 -2
100   105 -5
100   105 -5
151   123 28
496   419 77
466   393 73
359   303 56
568   496 72
144   89 55
170   118 52
292   204 88
102   71 31
381   266 115
202   163 39
303   244 59
253   204 49
541   515 26
1,172   1,110 62
1,181   1,184 -3
1,225   1,223 2
762   752 10
1,632   1,527 105
560   597 -37
646   700 -54
594   643 -49
416   450 -34
877   950 -73
2,095   2,000 95
3,036   2,927 109
3,536   3,430 106
1,662   1,586 76
3,674   3,563 111
1,767   1,686 81
2,378   2,307 71
934   892 42
2,998   2,862 136
4,174   4,063 111
1,861   1,962 -101
1,875   1,975 -100
1,945   2,049 -104
1,211   1,086 125
2,589   2,728 -139
3,107   3,254 -147
206   200 6
2,973   3,097 -124
3,103   3,231 -128
206   200 6
206   200 6
1,781   1,815 -34
361   350 11
3,947   4,139 -192
1,526   1,531 -5
1,526   1,531 -5
1,577   1,582 -5
1,017   1,021 -4
2,136   2,143 -7
948   896 52
1,327   1,254 73
1,327   1,254 73
821   776 45
1,769   1,672 97
1,861   1,905 -44
1,852   1,897 -45
1,924   1,975 -51
1,182   1,220 -38
2,598   2,668 -70
1,303   1,221 82
1,313   1,310 3
1,363   1,354 9
847   732 115
1,815   1,810 5
204   200 4
1,064   1,030 34
105   100 5
1,174   1,137 37
1,224   1,185 39
105   100 5
821   795 26
131   125 6
1,641   1,589 52
639   800 -161
615   752 -137
637   779 -142
362   443 -81
826   968 -142
103   100 3
1,908   1,935 -27
1,900   1,933 -33
2,040   2,077 -37
1,284   1,301 -17
2,748   2,797 -49
3,814   3,757 57
3,364   3,263 101
418   400 18
365   350 15
3,628   3,518 110
157   150 7
2,339   2,308 31
470   450 20
4,836   4,715 121
796   617 179
793   554 239
901   869 32
900   879 21
      3,646
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       -5
b       -4
c       -1
d       -1
e       26
      -5
      -34
      4
      -11
      30
      -7
      -6
      -5
      -5
      -6
      -1
      -5
      -5
      -6
       
      -7
      295
       
       
       
       
      -134
      -3
      -2
      -4
      37
      -8
      -8
      -3
      -4
      255
      -193
      47
      -4
      -2
      -7
      -2
      -9
      -1
      -5
      -10
      21
      21
      9
      14
      9
      -16
      -17
      463
      2
      -9
      -7
      -3
      -3
      -11
      7
      20
      -3
      -2
      -14
      -18
      -6
      -6
      -17
      29
      -18
      24
      -1
      -6
      -12
      -6
      -15
      -3
      7
      45
      1
      -7
      -2
      -6
      31
      36
      35
      28
      56
      -8
      -17
      -18
      -11
      -20
      -3
      -1
      31
      38
      41
      22
      -12
      16
      8
      17
      -8
      -1
      -1
      -2
      -5
      -5
      28
      77
      73
      56
      72
      55
      52
      88
      31
      115
      39
      59
      49
      26
      62
      -3
      2
      10
      105
      -37
      -54
      -49
      -34
      -73
      95
      109
      106
      76
      111
      81
      71
      42
      136
      111
      -101
      -100
      -104
      125
      -139
      -147
      6
      -124
      -128
      6
      6
      -34
      11
      -192
      -5
      -5
      -5
      -4
      -7
      52
      73
      73
      45
      97
      -44
      -45
      -51
      -38
      -70
      82
      3
      9
      115
      5
      4
      34
      5
      37
      39
      5
      26
      6
      52
      -161
      -137
      -142
      -81
      -142
      3
      -27
      -33
      -37
      -17
      -49
      57
      101
      18
      15
      110
      7
      31
      20
      121
      179
      239
      32
      21
       
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 5,926
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 15,716 350,076 0.044893
2016 18,190 347,815 0.052298
2015 18,040 335,429 0.053782
2014 8,533 368,497 0.023156
2013 18,616 385,161 0.048333
2
Total of line 1, column (d) .....................
2
0.222462
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
0.044492
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
191,772
5
Multiply line 4 by line 3......................
5
8,532
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
44
7
Add lines 5 and 6........................
7
8,576
8
Enter qualifying distributions from Part XII, line 4,.............
8
23,290
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 44
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 44
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 44
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 100
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 100
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 56
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet44 RefundedBullet 11 12
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletND
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK NATIONAL ASSN Telephone no.bullet (701) 795-6162

    Located atbullet600 DEMERS AVEGRAND FORKSND ZIP+4bullet58102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........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
    US BANK NA TRUSTEE
    1     		10,650    
    505 2ND AVE N
    FARGO,ND58102
    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.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    191,508
    b
    Average of monthly cash balances.......................
    1b
    3,184
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    194,692
    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
    194,692
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,920
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    191,772
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    9,589
    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
    9,589
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    44
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    44
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    9,545
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    2,886
    5
    Add lines 3 and 4............................
    5
    12,431
    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
    12,431
    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
    23,290
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    23,290
    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
    44
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    23,246
    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 12,431
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 16,340
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 0
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 23,290
    a Applied to 2017, but not more than line 2a 16,340
    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..... 6,950
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    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 ..........     		5,481
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2014.... 0
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    KAREN HORGE
    600 DEMERS AVE
    GRAND FORKS,ND58201
    (701) 795-6162
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORM
    cAny submission deadlines:
    NONE SCHOLARSHIPS TO STUDENTS AT THE UNIVERSITY OF ND
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IN THE FIELD OF VISUAL ARTS
    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
    SACRED HEART CEMETERY (OF MINTO)
    5201 BISHOPS BLVD S
    FARGO,ND58104     		NONE PC GENERAL OPERATING 3,238
    DIOCESE OF FARGO
    5201 BISHOPS BLVD
    FARGO,ND58104     		NONE PC GENERAL OPERATING 3,359
    THE SALVATION ARMY
    5550 PRAIRIE STONE PARKWAY
    HOFFMAN ESTATES,IL60192     		NONE PC GENERAL OPERATING 2,098
    WALSH COUNTY HISTORICAL MUSEUM
    PO BOX 312
    MINTO,ND58261     		NONE PC GENERAL OPERATING 4,450
    ERIN MISIALEK
    826 - 2ND STREET
    MINTO,ND58261     		NONE I SCHOLARSHIP 6,080
    Total .................................bullet 3a 19,225
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 8,267  
    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 5,926  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF GRANTS     		    1 2,886  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   17,079  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    17,079
    (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:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 3,000     3,000

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Name of Bond End of Year Book Value End of Year Fair Market Value
    31420B300 FEDERATED INST HI YL    
    87234N765 TCW EMERGING MARKETS    
    46429B655 ISHARES FLOATING RAT    
    057071854 BAIRD AGGREGATE BOND    
    024932154 AMERICAN CENTURY HIG    
    258620103 DOUBLELINE TOTAL RET    
    670690387 NUVEEN INFLATION PRO    
    63872T620 LOOMIS SAYLES STRATE    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Name of Stock End of Year Book Value End of Year Fair Market Value
    77956H849 T ROWE PRICE INTL GR    
    315910620 FIDELITY INVT TR AD    
    922908710 VANGUARD 500 INDEX A    
    670678663 NUVEEN MID CAP VALUE    
    74925K581 ROBECO BOSTON PARTNE    
    922908645 VANGUARD MID-CAP IND    
    00769G543 CAMBIAR INTL EQUITY    
    77957Y106 T ROWE PRICE MID CAP    
    149498107 CAUSEWAY EMERGING MA    
    47803U640 JOHN HANCOCK FDS III    
    741479109 PRICE T ROWE GROWTH    
    922908686 VANGUARD SMALL CAP I    
    06828M876 BARON EMERGING MARKE    
    670678507 NUVEEN REAL ESTATE S    
    79471L602 SALIENT MLP ENERGY I    
    09253F408 ISHARES MSCI EAFE IN    
    779556109 ROWE T PRICE MID-CAP    
    00888Y508 INV BALANCE RISK COM    

    TY 2018 OtherIncomeSchedule2
    Name:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURN OF GRANTS 2,886 0  


    TY 2018 OtherIncreasesSchedule
    Name:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Description Amount
    COST BASIS ADJUSTMENT 88


    TY 2018 TaxesSchedule
    Name:
    STEPHANIE PREPIORA ENDOWMENT FD A
    EIN:
    45-6085277
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 185 185   0
    FEDERAL TAX PAYMENT - PRIOR YE 24 0   0
    FEDERAL ESTIMATES - PRINCIPAL 100 0   0
    FOREIGN TAXES ON NONQUALIFIED 23 23   0