Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
OBERKOTTER FOUNDATION
 
% BRUCE A ROSENFIELD EXEC DI
Number and street (or P.O. box number if mail is not delivered to street address)1600 MARKET STREET Suite Ste 3600
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA191037286
A Employer identification number

23-2686151
B Telephone number (see instructions)

(215) 751-2601
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$171,194,615J 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) 6,390,674
2 Check bullet.............
3 Interest on savings and temporary cash investments 375,022 375,022  
4 Dividends and interest from securities... 2,496,025 3,075,212  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,941,084
b Gross sales price for all assets on line 6a 60,586,648
7 Capital gain net income (from Part IV, line 2)... 8,866,404
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)....... Click to see attachment 108,802 -230,872  
12 Total. Add lines 1 through 11........ 16,311,607 12,085,766  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 981,500 69,150   912,350
14 Other employee salaries and wages...... 1,201,033 0   1,201,033
15 Pension plans, employee benefits....... 243,269 4,631   238,638
16a Legal fees (attach schedule)......... Click to see attachment 29,455 0 0 29,455
b Accounting fees (attach schedule)....... Click to see attachment 159,231 31,569 0 127,663
c Other professional fees (attach schedule).... Click to see attachment 2,641,119 407,268   2,254,284
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 300 28,383    
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,357 0  
20 Occupancy.............. 89,165     89,165
21 Travel, conferences, and meetings....... 253,668     253,668
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 525,300 0   525,300
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,125,397 541,001 0 5,631,556
25 Contributions, gifts, grants paid....... 8,314,143 8,314,143
26 Total expenses and disbursements. Add lines 24 and 25 14,439,540 541,001 0 13,945,699
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,872,067
b Net investment income (if negative, enter -0-) 11,544,765
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   772,221 772,221
2 Savings and temporary cash investments......... 27,761,931 21,489,462 21,489,462
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 78,061,086 Click to see attachment83,384,694 148,926,930
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet7,189
Less: accumulated depreciation (attach schedule) bullet5,615 2,932 1,574 1,574
15 Other assets (describe bullet) Click to see attachment4,428 Click to see attachment4,428 Click to see attachment4,428
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 105,830,377 105,652,379 171,194,615
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment5,718
23 Total liabilities (add lines 17 through 22)......... 0 5,718
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........ 105,830,377 105,646,661
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)..... 105,830,377 105,646,661
31 Total liabilities and net assets/fund balances (see instructions). 105,830,377 105,652,379
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
105,830,377
2
Enter amount from Part I, line 27a .....................
2
1,872,067
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
107,702,444
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,055,783
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
105,646,661
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 L GS TACS ENHANCED DIV US LC      
b 1818 PARTNERS LP      
c SPRUCEGROVE NON US EQUITY      
d DYNAMIC EQUITY MGRS PORTFOLIO      
e CONTINUUM PARTNERS, L.P.      
BBH SELECT EQUITY      
BBH BURGUNDY      
WELLINGTON (FKA VONTOBEL)      
VINTAGE V OFFSHORE LP      
BROWN BROTHERS HARRIMAN & CO      
GOLDMAN SACHS      
HAVERFORD TRUST COMPANY      
BBH CAPITAL GAIN DISTRIBUTIONS      
GS CAPITAL GAIN DISTRIBUTIONS      
(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       35,027
b       1,147,274
c       -37,797
d       197,382
e       104,599
      405,461
      -3,187
      34,138
      42,422
15,507,579   11,469,184 4,038,395
9,956,339   7,374,866 2,581,473
34,882,154   34,801,513 80,641
193,033   0 193,033
47,543   0 47,543
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        
b        
c        
d        
e        
       
       
       
       
      4,038,395
      2,581,473
      80,641
      193,033
      47,543
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 8,866,404
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 15,652,483 164,026,528 0.095427
2016 12,280,035 155,643,440 0.078899
2015 12,669,504 147,644,122 0.085811
2014 13,268,772 159,319,399 0.083284
2013 12,329,070 162,975,508 0.07565
2
Total of line 1, column (d) .....................
2
0.419071
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
0.083814
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
158,628,151
5
Multiply line 4 by line 3......................
5
13,295,260
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
115,448
7
Add lines 5 and 6........................
7
13,410,708
8
Enter qualifying distributions from Part XII, line 4,.............
8
13,945,699
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 1 115,448
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  
3 Add lines 1 and 2........................... 3 115,448
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- ..... 5 115,448
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 262,884
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.............. 7 262,884
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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 147,436
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet147,436 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
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.Click to see list of attachments
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)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.oberkotterfoundation.org
    14
    The books are in care ofbulletBRUCE A ROSENFIELD EXEC DIR Telephone no.bullet (215) 751-2601

    Located atbullet1600 MARKET ST STE 3600PHILADELPHIAPA ZIP+4bullet191037286
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Mildred L OberkotterClick to see attachment TRUSTEE
    10.0     		0 0 0
    1600 MARKET STREET
    PHILADELPHIA,PA191037286
    Bruce RosenfieldClick to see attachment TRUSTEE & EXECUTIVE DIRECTOR
    25.0     		400,000 0 0
    1600 MARKET STREET
    PHILADELPHIA,PA191037286
    David PiersonClick to see attachment TRUSTEE
    10.0     		50,000 0 0
    1600 MARKET STREET
    PHILADELPHIA,PA191037286
    Amy NewnamClick to see attachment Assoc. Exec. Director
    40.0     		241,500 27,928 18,383
    1600 MARKET STREET
    PHILADELPHIA,PA191037286
    Teresa CarawayClick to see attachment CEO, HEARING FIRST
    40.0     		290,000 14,506 0
    1600 MARKET STREET
    PHILADELPHIA,PA191037286
    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
    LUKE DAVIDSON WEB DVLMT DIR,HF
    40.0     		163,752 11,129 0
    1600 MARKET ST
    PHILADELPHIA,PA19103
    WENDELYN DEMOSS PROGRAMS OFFICER HF
    40.0     		162,754 0 0
    1600 MARKET ST
    PHILADELPHIA,PA19103
    LYNN WOOD PROGRAMS LEADER, HF
    40.0     		127,702 8,916 0
    1600 MARKET ST
    PHILADELPHIA,PA19103
    JENNIFER RANSLEY PLANNING LEADER, HF
    40.0     		100,771 6,595 0
    1600 MARKET ST
    PHILADELPHIA,PA19103
    MARJORIE EDWARDS PROGRAM LEADER, HF
    40.0     		96,771 0 0
    1600 MARKET ST
    PHILADELPHIA,PA19103
    Total number of other employees paid over $50,000...................bullet 6
    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
    Fivestone Marketing & Communic 1,315,231
    390 Fifth ave ste 803
    NEW YORK,NY10018
    Arabella Advisors LLC PHILANTHROPY CONSULT 334,000
    1201 Connecticut Ave NW Suite 30
    WASHINGTON,DC20036
    Brown Brothers Harriman & Co Investment Advisor 165,980
    One Logan Square 14th Floor
    PHILADELPHIA,PA19103
    Haverford Trust Company Investment Advisor 152,852
    3 Radnor Corporate Center Ste 450
    RADNOR,PA19087
    Kaleidoscope Training and Consulting e-Learning Consult. 144,000
    2570 Harris Road
    PALMYRA,NY14522
    Total number of others receiving over $50,000 for professional services.............bullet3
    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 SUPPORT FOR LISTENING AND SPOKEN LANGUAGE SERVICES TO CHILDREN AND FAMILIES (SEE ATTACHMENT) 8,727,562
    2 SUPPORTING FAMILIES TO IMPROVE OUTCOMES FOR CHILDREN WHO ARE DEAF OR HARD OF HEARING THROUGH LISTENING AND SPOKEN LANGUAGE THROUGH HEARING FIRST (SEE ATTACHMENT) 3,941,981
    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
    136,092,407
    b
    Average of monthly cash balances.......................
    1b
    24,951,401
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    161,043,808
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    161,043,808
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,415,657
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    158,628,151
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,931,408
    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
    7,931,408
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    115,448
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    115,448
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,815,960
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    7,815,960
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    7,815,960
    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
    13,945,699
    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
    13,945,699
    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
    115,448
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    13,830,251
    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 7,815,960
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 4,449,495
    b From 2014...... 5,490,296
    c From 2015...... 5,498,852
    d From 2016...... 4,819,548
    e From 2017...... 7,798,571
    fTotal of lines 3a through e........ 28,056,762
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 13,945,699
    a Applied to 2017, but not more than line 2a 0
    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..... 7,815,960
    e Remaining amount distributed out of corpus 6,129,739
    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 34,186,501
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		6,390,674
    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 ......     		27,795,827
    10 Analysis of line 9:
    a Excess from 2014.... 3,549,117
    b Excess from 2015.... 5,498,852
    c Excess from 2016.... 4,819,548
    d Excess from 2017.... 7,798,571
    e Excess from 2018.... 6,129,739
    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).)
    MILDRED L OBERKOTTER
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A G Bell Assco for the Deaf and Hard of Hearing
    3417 Volta Place NW
    Washington,DC200072778     		N/A PC LSL Support -- Children and Families 1,450,000
    Atlanta Speech School
    3160 Northside Parkway NW
    Atlanta,GA30327     		N/A PC LSL Support -- Children and Families 175,000
    Auditory-Verbal Center Inc
    1901 Century Blvd Suite 20
    Atlanta,GA30345     		N/A PC LSL Support -- Children and Families 50,000
    Callier Center for Communication Disorders
    1966 Inwood ROAD
    Dallas,TX75235     		N/A PC LSL Support -- Children and Families 200,000
    CCHAT Center - Sacramento
    11100 Coloma Road
    Rancho Cordova,CA95670     		N/A PC LSL Support -- Children and Families 337,000
    Center for Hearing and Communication
    50 Broadway 6th Floor
    New York,NY10004     		N/A PC LSL Support -- Children and Families 84,571
    Center for Hearing and Speech
    3636 West Dallas Street
    Houston,TX77019     		N/A PC LSL Support -- Children and Families 25,000
    Child's Voice
    180 Hansen Court
    Wood Dale,IL60191     		N/A PC LSL Support -- Children and Families 355,000
    Clarke Schools for Hearing and Speech
    45 Round Hill Road
    Northampton,MA01060     		N/A PC LSL Support -- Children and Families 376,286
    Columbia University Medical Center
    180 Fort Washington Avenue HP7
    New York,NY10032     		N/A PC LSL Support -- Children and Families 92,872
    Cook Children's Health Foundation
    801 7th Avenue
    Fort Worth,TX76104     		N/A PC LSL Support -- Children and Families 299,295
    Foundation for Hearing Research Inc - Weingarten
    3518 Jefferson Avenue
    Redwood City,CA94062     		N/A PC LSL Support -- Children and Families 230,350
    Hands & Voices
    PO Box 3093
    Boulder,CO80307     		N/A PC LSL Support -- Children and Families 50,000
    Haskins Laboratories Inc
    300 George Street Suite 900
    New Haven,CT06511     		N/A PC Research 318,631
    Hear ME Now
    PO Box 896
    Portland,ME04104     		N/A PC LSL Support -- Children and Families 237,161
    Hearts for Hearing
    11500 N Portland
    Oklahoma City,OK73120     		N/A PC LSL Support -- Children and Families 776,169
    Idaho State University
    921 S 8th Ave STOP 8046
    Pocatello,ID832098046     		N/A PC LSL Support -- Children and Families 147,387
    ISDH Healthy Hoosiers Foundation (HHF)
    2 North Meridian St
    Indianapolis,IN46204     		N/A SO I LSL Support -- Children and Families 34,250
    Lexington Hearing & Speech Center
    350 Henry Clay Blvd
    Lexington,KY40502     		N/A PC LSL Support -- Children and Families 75,000
    Listen and Talk
    8610 8th Avenue NE
    Seattle,WA98115     		N/A PC LSL Support -- Children and Families 905,000
    Listen Foundation Inc
    6950 E Belleview Ave Ste 203
    Greenwood Village,CO80120     		N/A PC LSL Support -- Children and Families 50,000
    Mayo Clinic RochesterDivision of Gastroenterology
    200 First Street Southwest
    Rochester,MN55905     		N/A PC Research 250,000
    Memphis Oral School for the Deaf
    7901 Poplar Avenue
    Germantown,TN38138     		N/A PC LSL Support -- Children and Families 75,000
    St Joseph Institute for the Deaf
    9192 Waldemar Road
    Indianapolis,IN46268     		N/A PC LSL Support -- Children and Families 67,481
    The CARE Project
    716 Staley Court
    Raleigh,NC27609     		N/A PC LSL Support -- Children and Families 100,000
    The Children's Cochlear Implant Center at UNC
    5501 Fortunes Ridge Drive Suite A
    Durham,NC27713     		N/A PC LSL Support -- Children and Families 98,500
    The Moog Center for Deaf Education
    12300 South Forty Drive
    St Louis,MO63141     		N/A PC LSL Support -- Children and Families 756,380
    The New York and Presbyterian Hospital
    850 Third Avenue 12th Floor
    New York,NY10022     		N/A PC LSL Support -- Children and Families 300,000
    Treehouse Project
    1806B NW 32nd Avenue
    Portland,OR97210     		N/A PC LSL Support -- Children and Families 220,000
    Tucker Maxon School
    2860 SE Holgate Boulevard
    Portland,OR97202     		N/A PC LSL Support -- Children and Families 36,386
    University of Vermont Medical Center Inc
    128 Lakeside Ave Suite 106
    Burlington,VT05401     		N/A PC LSL Support -- Children and Families 45,044
    Utah State University
    2615 Old Main Hill
    Logan,UT84322     		N/A PC LSL Support -- Children and Families 96,380
    Total .................................bullet 3a 8,314,143
    bApproved for future payment
    Auditory Oral School of New York
    3321 Avenue M
    Brooklyn,NY11210     		N/A PC LSL Support -- Children and Families 1,500,000
    Center for Hearing and Speech
    3636 West Dallas Street
    Houston,TX77019     		N/A PC LSL Support -- Children and Families 50,000
    Child's Voice
    180 Hansen Court
    Wood Dale,IL60191     		N/A PC LSL Support -- Children and Families 310,000
    Clarke Schools for Hearing and Speech
    45 Round Hill Road
    Northampton,MA01060     		N/A PC LSL Support -- Children and Families 654,042
    Foundation for Hearing Research Inc - Weingarten
    3518 Jefferson Avenue
    Redwood City,CA94062     		N/A PC LSL Support -- Children and Families 119,650
    Hands & Voices
    PO Box 3093
    Boulder,CO80307     		N/A PC LSL Support -- Children and Families 50,000
    Hear ME Now
    PO Box 896
    Portland,ME04104     		N/A PC LSL Support -- Children and Families 144,266
    Listen and Talk
    8610 8th Avenue NE
    Seattle,WA98115     		N/A PC LSL Support -- Children and Families 225,000
    Listen Foundation Inc
    6950 E Belleview Ave Ste 203
    Greenwood Village,CO80120     		N/A PC LSL Support -- Children and Families 90,000
    Mayo Clinic RochesterDivision of Gastroenterology
    200 First Street Southwest
    Rochester,MN55905     		N/A PC LSL Support -- Children and Families 750,000
    Northern Voices
    1660 County B Rd W
    Roseville,MN55113     		N/A PC LSL Support -- Children and Families 80,000
    Sunshine Cottage School for Deaf Children
    603 E Hildebrand Ave
    San Antonio,TX78212     		N/A PC LSL Support -- Children and Families 100,000
    University of Southern California
    3551 Trousdale Pkwy
    Los Angeles,CA90089     		N/A PC LSL Support -- Children and Families 81,806
    Utah State University
    2615 Old Main Hill
    Logan,UT84322     		N/A PC LSL Support -- Children and Families 300,000
    Hearts for Hearing
    11500 Portland Ave
    Oklahoma City,OK73120     		N/A PC LSL Support -- Children and Families 650,000
    Total .................................bullet 3b 5,104,764
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 375,022  
    4 Dividends and interest from securities....     14 2,496,025  
    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 6,941,084  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS REVENUE     		    01 23,824  
    bPREVIOUS GRANTS RETURNED TO FOUNDATION         84,978
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   9,835,955 84,978
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,920,933
    (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.)
    11B GRANTS PREVIOUSLY ISSUED, BUT RETURNED TO THE FOUNDATION
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    OBERKOTTER FOUNDATION
     
    Employer identification number

    23-2686151
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    OBERKOTTER FOUNDATION
          		Employer identification number
    23-2686151
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MILDRED L OBERKOTTER  
    1600 MARKET STREET STE 3600
     
    PHILADELPHIA, PA19103

    		$ 6,390,674


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    OBERKOTTER FOUNDATION
          		Employer identification number

    23-2686151
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 SECURITIES $ 5,390,674  
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    OBERKOTTER FOUNDATION
          		Employer identification number

    23-2686151
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 159,231 31,569   127,663

    TY 2018 CompensationExplanation
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Person Name Explanation
    Teresa Caraway *THE EXECUTIVE DIRECTOR (B ROSENFIELD) AND THE ASSOCIATE EXECUTIVE DIRECTOR (A NEWNAM), REFERRED TO IN PART I, LINE 13 AND PART VIII, LINE 1, AND THE ADMINISTRATIVE ASSISTANT, REFERRED TO IN PART I, LINE 16C AND PART VIII, LINE 2, ARE PARTNERS OR EMPLOYEES OF THE LAW FIRM SCHNADER HARRISON SEGAL & LEWIS, LLP ("SCHNADER"). THE OBERKOTTER FOUNDATION ("FOUNDATION") HAS CONTRACTED WITH SCHNADER TO LEASE A PERCENTAGE OF EACH INDIVIDUAL'S TIME FOR MATTERS RELATING TO THE ADMINISTRATION OF THE FOUNDATION. THE FOUNDATION PAYS ITS SHARE OF THE COMPENSATION AND RELATED EXPENSES, AS APPLICABLE, FOR EACH INDIVIDUAL AND SCHNADER ASSUMES THE APPROPRIATE PAYROLL RESPONSIBILITIES. THESE PAYMENTS TO SCHNADER ARE SEPARATE FROM THE PAYMENTS SHOWN AT PART I, LINE 16A FOR LEGAL AND OTHER ADMINISTRATIVE SUPPORT FEES.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 GeneralExplanationAttachment
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Identifier Return Reference Explanation
    Part I, Line 19 Part I, Line 19 Depreciation Expense Per Books $1,357 Part II, Line 14 Furniture and Equipment $ 7,189 Accumulated Depreciation $(5,615) -------- Net Land, Buildings and Equipment $ 1,574 ========
    Part XV, Line 2 Part XV, Line 2 THE OBERKOTTER FOUNDATION DOES NOT ACCEPT UNSOLICITED PROPOSALS. INTERESTED APPLICANTS SHOULD VISIT THE WEBSITE WWW.OBERKOTTERFOUNDATION.ORG FOR INFORMATION ON THE FOUNDATION'S MISSION AND APPLICABLE FUNDING CRITERIA AND GRANT REQUIREMENTS.
    Part XIII, Line 7 Part XIII, Line 7 DISTRIBUTIONS FROM CORPUS ELECTION: IN ORDER TO SATISFY THE DISTRIBUTION REQUIREMENTS UNDER INTERNAL REVENUE CODE SECTION 170(B)(1)(F), THE FOUNDATION ELECTS UNDER TREASURY REGULATION SECTION 53.4942(A)-3(C)(2)(IV) TO TREAT $4,449,495 FROM THE 2013 EXCESS DISTRIBUTIONS AND $1,941,179 FROM THE 2014 EXCESS DISTRIBUTIONS AS A CURRENT DISTRIBUTION OUT OF CORPUS. THE 2013 AND 2014 DISTRIBUTIONS WERE TREATED AS DISTRIBUTIONS OUT OF CORPUS IN THOSE FISCAL YEARS UNDER TREASURY REGULATION SECTION 53.4942(A)-3(D)(1)(III). _________________________________ _______________ BRUCE ROSENFIELD DATE CO-TRUSTEE & EXECUTIVE DIRECTOR

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC ADR 316,413 1,673,651
    AIR PRODS & CHEMS INC COM 357,995 634,546
    ALCON INC COM STK 533,821 600,726
    ALLEGION PLC- COM STK 849,615 1,188,297
    ALPHABET INC CL C 739,138 2,368,502
    AO SMITH CORP COM STK 696,889 745,360
    APPLE INC COM 767,132 2,725,950
    ARTHUR J GALLAGHER & CO 1,008,866 1,035,297
    BAXTER INTL INC COM 445,002 983,640
    BBH LIMITED DURATION FUND CL I 1,485,000 1,485,000
    BBH PARTNER FUND - INTERNATION 1,748,181 2,437,909
    BECTON DICKINSON & CO COM 154,746 982,300
    BERKSHIRE HATHAWAY INC-CL B 760,715 2,885,930
    BLACKROCK INC 412,514 1,336,257
    BOOKING HOLDINGS INC COM STK 630,021 651,178
    BRIGHT HORIZONS FAMILY SOLUT 409,101 400,985
    BROWN-FORMAN CORP CLASS B 822,752 1,143,377
    BURGUNDY EMERGING MARKETS SERI 2,750,000 2,707,578
    CEDAR ROCK PARTNERS SERIES BBH 3,000,000 3,423,905
    CELANESE CORP COM STK 366,457 1,029,674
    COCA COLA CO COM 280,351 742,260
    COLGATE PALMOLIVE CO 712,765 755,854
    COMCAST CORP CL A 1,063,835 2,226,264
    COMCAST CORP NEW - CL. A 945,517 1,523,175
    CONTINUUM PARTNERS 2,000,000 2,676,925
    COPART INC COM STK 1,002,024 1,708,800
    COSTCO WHOLESALE CORP 337,697 465,605
    CVS HEALTH CORPORATION 1,072,906 1,646,908
    DIAGEO PLC- SPONSORED ADR 424,224 1,209,456
    DISNEY WALT CO COM DISNEY 122,811 957,834
    DOLLAR GENERAL CORP 573,746 772,638
    DOLLAR GENERAL CORP COM STK 625,957 946,206
    DOWDUPONT INC 184,305 366,112
    DYNAMIC EQUITY MANAGERS: PORTF 435,876 2,013,052
    EMERSON ELEC CO COM 713,465 720,135
    EXXON MOBIL CORP COM 225,230 619,983
    FLEETCOR TECHNOLOGIES INC COM 660,956 1,514,650
    GS FINANCIAL SQUARE- SFT SHARE 25,363 25,363
    GS TACTICAL TILT OVERLAY FUND 713,611 719,293
    HENRY SCHEIN INC COM STK 622,144 1,009,385
    HONEYWELL INTL INC COM 486,464 624,925
    INTL FLAVORS & FRAGRANCES 610,176 700,501
    ISHARES CORE MSCI EAFE ETF 2,316,709 2,552,800
    ISHARES CORE MSCI EMERGING 2,707,498 3,587,273
    ISHARES CORE U.S. AGGREGATE BO 1,409,569 1,490,881
    ISHARES MSCI ACWI 2,435,711 2,651,082
    ISHARES RUSSELL 2000 ETF 458,597 897,824
    ISHARES S&P 500 INDEX FUND 287,284 300,257
    ISHARES S&P 500 FUND - CLASS G 3,346,744 3,704,000
    ISHARES S&P MIDCAP 400 INDEX 540,680 1,588,690
    ISHARES S&P SMALLCAP 600 FND 963,221 2,749,225
    ISHARES U.S. REAL ESTATE ETF 235,051 361,150
    JOHNSON & JOHNSON COM 24,143 684,425
    JPMORGAN CHASE & CO COM 481,683 1,712,880
    KLA-TENCOR CORP 334,429 556,226
    LINDE PLC COM STK 1,160,531 1,464,091
    LONGLEAF PARTNERS SMALL CAP FD 2,085,000 1,840,330
    LOWES COS INC COM 1,159,150 1,478,106
    MASTERCARD INC CLASS A 452,066 1,883,422
    MASTERCARD INCORPORATED 710,698 818,244
    MEDTRONIC PLC ADR 471,495 743,528
    MICROSOFT CORP COM 74,264 151,380
    NESTLE S A SPONS ADR 182,710 784,747
    NOVARTIS AG - ADR 548,126 1,197,593
    ORACLE CORP 1,736,000 2,501,037
    ORACLE CORP COM 559,857 830,872
    PEPSICO INC COM 432,334 1,315,514
    PERRIGO CO PLC COM STK 275,732 282,920
    S&P GLOBAL INC 598,188 635,160
    SELECT EQUITY SERIES - BBH WEA 5,250,000 7,188,252
    SPDR TR UNIT SER 1 2,152,805 2,483,049
    SPRUCEGROVE: NON-US EQUITY OFF 838,668 690,794
    STARBUCKS CORP 571,619 854,300
    STATE STREET HEDGED INTERNATIO 910,856 1,161,422
    T. ROWE PRICE FUNDS T. ROWE PR 1,302,391 1,356,711
    THE 1818 PARTNERS FUND 5,000,000 13,805,759
    TJX COS INC NEW COM 595,768 1,491,572
    U S BANCORP 737,006 1,995,998
    UNILEVER N V-NY SHARES 718,952 999,575
    UNITED PARCEL SERVICE INC CL B 78,066 10,729,245
    UNITED TECHNOLOGIES CORP 573,397 1,416,647
    UNITEDHEALTH GROUP INC COM 336,415 1,647,035
    US BANCORP DEL COM NEW 935,735 990,495
    VANGUARD FTSE ALL WORLD EX-U S 749,032 860,320
    VANGUARD FTSE PACIFIC ETF 569,092 689,500
    VANGUARD GLOBAL EX-US REAL EST 288,623 353,631
    VANGUARD MSCI EUROPE PACIFIC 1,147,469 1,897,211
    VANGUARD SHORT TERM CMN SERIES 2,023,756 2,070,783
    WASTE MANAGEMENT INC 148,679 625,521
    VINTAGE V/WELLINGTON NON-US EQ 18,856 1,009,315
    ZOETIS INC COM STK 356,258 1,460,752

    TY 2018 LegalFeesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES OBERKOTTER 2,429     2,429
    LEGAL FEES FOR HEARING FIRST 27,026     27,026


    TY 2018 OtherAssetsSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT-RENTAL SPACE (PROGRAM) 4,428 4,428 4,428


    TY 2018 OtherDecreasesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description Amount
    CONTRIBUTED STOCK - DIFF. FMV AND COST 2,055,783


    TY 2018 OtherExpensesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HEARING FIRST PLATFORM - SOFTW 235,346     235,346
    PAID MEDIA 119,363     119,363
    INSURANCE 49,973     49,973
    STAFF COMPUTER & SOFTWARE EXP 25,183     25,183
    OFFICE SUPPLIES 6,153     6,153
    CONSULTANT MISC. EXP REIMBURSE 73,734     73,734
    POSTAGE AND DELIVERY 3,488     3,488
    PRINTING AND COPYING 3,928     3,928
    EQUIPMENT RENTAL 1,554     1,554
    BOOKS AND SUBSCRIPTIONS 5,510     5,510
    BANK FEES 853     853
    LICENSES AND FEES 215     215


    TY 2018 OtherIncomeSchedule2
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Misc Investment Income 23,824 23,824  
    Other Income/(Expense) from partnerships   -254,696  
    Grant Refunds 84,978    


    TY 2018 OtherLiabilitiesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Description Beginning of Year - Book Value End of Year - Book Value
    401K PLAN CONTRIBUTIONS 0 5,718


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HF DIGI ECOSYSTEM CONSULTING 1,510,818     1,510,818
    AWARENESS INITIATVE CONSULTING 300,000     300,000
    ORGANIZATIONAL CONSULTING 109,466     109,466
    GRANTEE ENGAGEMENT CONSULTING 334,000     334,000
    INVESTMENT MANAGEMENT FEES 386,835 386,835    
    ALT INVESTMENT MGMT FEES   20,433    


    TY 2018 TaxesSchedule
    Name:
    OBERKOTTER FOUNDATION
    EIN:
    23-2686151
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID   28,383    
    DE FRANCHISE TAX 300