Form990-PF
Click to see list of attachments

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 07-01-2018 , and ending 06-30-2019
Name of foundation
O TEMPLE SLOAN JR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4900 FALLS OF NEUSE ROAD SUITE 150
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RALEIGH, NC27609
A Employer identification number

56-1870844
B Telephone number (see instructions)

(919) 573-2911
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$40,138,478J 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) 633,755
2 Check bullet.............
3 Interest on savings and temporary cash investments 52 52  
4 Dividends and interest from securities... 906,559 906,559  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 587,813
b Gross sales price for all assets on line 6a 6,381,240
7 Capital gain net income (from Part IV, line 2)... 587,813
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 38,165 38,165 0
12 Total. Add lines 1 through 11........ 2,166,344 1,532,589 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 75,083 0 0 75,083
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 9,751 0 0 9,751
b Accounting fees (attach schedule)....... Click to see attachment 25,155 18,867 0 6,288
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,726 2,726 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 6,965 5,224 0 1,741
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 205,188 204,824 0 364
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 324,868 231,641 0 93,227
25 Contributions, gifts, grants paid....... 2,503,380 2,503,380
26 Total expenses and disbursements. Add lines 24 and 25 2,828,248 231,641 0 2,596,607
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -661,904
b Net investment income (if negative, enter -0-) 1,300,948
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............. 84,118 443,761 443,761
2 Savings and temporary cash investments.........      
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)....... 33,105,301 Click to see attachment32,044,725 39,694,717
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 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) 33,189,419 32,488,486 40,138,478
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 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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 33,189,419 32,488,486
30 Total net assets or fund balances (see instructions)..... 33,189,419 32,488,486
31 Total liabilities and net assets/fund balances (see instructions). 33,189,419 32,488,486
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
33,189,419
2
Enter amount from Part I, line 27a .....................
2
-661,904
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
32,527,515
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
39,029
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
32,488,486
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 U.S. TRUST - 1/1/19 - 6/30/19 (SEE ATTACHED STMT)     2019-06-30
b U.S. TRUST - 1/1/19 - 6/30/19 (SEE ATTACHED STMT)     2019-06-30
c U.S. TRUST - 7/1/18 - 12/31/19 (SEE ATTACHED ST     2018-12-31
d U.S. TRUST - 7/1/18 - 12/31/19 (SEE ATTACHED STATEMENT)     2018-12-31
e LONG TERM 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 695,539   698,962 -3,423
b 2,435,750   2,061,190 374,560
c 727,452   747,918 -20,466
d 2,522,499   2,294,268 228,231
e       8,911
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       -3,423
b       374,560
c       -20,466
d       228,231
e       8,911
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 2 587,813
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 -23,889
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 2,062,604 40,593,579 0.050811
2016 2,544,546 38,282,703 0.066467
2015 2,226,266 34,187,343 0.065120
2014 2,344,099 35,557,911 0.065923
2013 1,541,300 33,305,789 0.046277
2
Total of line 1, column (d) .....................
2
0.294598
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
0.058920
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
39,259,015
5
Multiply line 4 by line 3......................
5
2,313,141
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
13,009
7
Add lines 5 and 6........................
7
2,326,150
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,596,607
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 13,009
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 13,009
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 13,009
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 34,717
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,717
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 21,708
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet21,708 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    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 addressbulletNO WEBSITE
    14
    The books are in care ofbulletFALLS OF NEUSE MANAGEMENT LLC Telephone no.bullet (919) 573-2911

    Located atbullet4900 FALLS OF NEUSE ROAD SUITE 350RALEIGHNC ZIP+4bullet27609
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
    Yes
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    O TEMPLE SLOAN JR TRUSTEE
    0.12     		0 0 0
    4900 FALLS OF NEUSE SUITE 150
    RALEIGH,NC27609
    CARSON S HENLINE TRUSTEE
    0.12     		0 0 0
    4900 FALLS OF NEUSE SUITE 150
    RALEIGH,NC27609
    MARK H SLOAN TRUSTEE
    0.12     		0 0 0
    4900 FALLS OF NEUSE SUITE 150
    RALEIGH,NC27609
    O TEMPLE SLOAN III TRUSTEE
    0.12     		0 0 0
    4900 FALLS OF NEUSE SUITE 150
    RALEIGH,NC27609
    JAMES R MYERS TRUSTEE
    0.12     		0 0 0
    4900 FALLS OF NEUSE SUITE 150
    RALEIGH,NC27609
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    38,529,164
    b
    Average of monthly cash balances.......................
    1b
    1,327,704
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,856,868
    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
    39,856,868
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    597,853
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,259,015
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,962,951
    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
    1,962,951
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    13,009
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,009
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,949,942
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,949,942
    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
    1,949,942
    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
    2,596,607
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,596,607
    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
    13,009
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,583,598
    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 1,949,942
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 285,901
    b From 2014...... 626,795
    c From 2015...... 543,183
    d From 2016...... 675,569
    e From 2017...... 1,070,505
    fTotal of lines 3a through e........ 3,201,953
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,596,607
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,949,942
    e Remaining amount distributed out of corpus 646,665
    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 3,848,618
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		285,901
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		3,562,717
    10 Analysis of line 9:
    a Excess from 2014.... 626,795
    b Excess from 2015.... 543,183
    c Excess from 2016.... 675,569
    d Excess from 2017.... 1,070,505
    e Excess from 2018.... 646,665
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHERYL P LIGON
    4900 FALLS OF NEUSE ROAD SUITE 150
    RALEIGH,NC27609
    (919) 573-2911
    bThe form in which applications should be submitted and information and materials they should include:
    NONE
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    JIYOUNG AHN
    108 BRAELANDS DRIVE
    CARY,NC27518     		NONE I SCHOLARSHIP - INDIANA UNIVERSITY 7,500
    HUNTER JOHNSON
    337 PARK STREET
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 2,898
    JENNIFER WILLIAMS
    3500 BAUCOM RD
    RALEIGH,NC27610     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 9,279
    MACKENNA LANDIS
    6062 S PIERRE WAY
    BOISE,ID83716     		NONE I SCHOLARSHIP - CARROLL COLLEGE 12,000
    JONATHAN HANSLEY
    372 COALYARD DR
    GARNER,NC27529     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 12,000
    KYLA GEORGE
    94-607 LUMIANIA ST
    WAIPAHU,HI96797     		NONE I SCHOLARSHIP - HIGH POINT UNIVERSITY 12,000
    CAMDYN WESLEY ROCHELLE
    2309 HOLIDAY DR
    RALEIGH,NC27610     		NONE I SCHOLARSHIP - HIGH POINT UNIVERSITY 12,500
    JOHN BAILEY
    1725 WYSONG COURT
    RALEIGH,NC27612     		NONE I SCHOLARSHIP - WILLIAM PEACE UNIVERSITY 12,000
    HUNTER COSTIN
    PO BOX 207
    GRASS RANGE,MT59032     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 7,500
    DANIEL EGAN
    100 LANGFORD HALL ROOM 423
    BOZEMAN,MT59715     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    DAVID FAULKENBERRY
    165 LOCKERBIE LANE
    MORRISVILLE,NC28115     		NONE I SCHOLARSHIP - DUKE UNIVERSITY 12,500
    PARRIS FORTUNE
    1430 CRENSHAW POINT
    WAKE FOREST,NC27587     		NONE I SCHOLARSHIP - APPALACHIAN STATE UNIVERSITY 12,111
    JOHN HARDY
    1911 SUNSET DR
    RALEIGH,NC27608     		NONE I SCHOLARSHIP - THE TRILOGY SCHOOL 4,720
    HEATH PARKER
    60 FONTANA DR
    CLAYTON,NC27527     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 17,902
    PARKER LOVE
    18 N PARKVIEW
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    PARKER JONES
    510 HIGHLAND AVENUE
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA TECH OF THE UNIVERSITY OF MONTANA 6,000
    CHANCE VENABLE
    13108 ELMLEAF COURT
    RALEIGH,NC27614     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 12,000
    COLLIN RUBIN
    250 BIMINI DRIVE
    WINNABOW,NC28479     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 12,000
    ANTHONY MCEACHIN
    2531 LINEBERRY DR
    RALEIGH,NC27603     		NONE I SCHOLARSHIP - NORTH CAROLINA A&T STATE UNIVERSITY 11,293
    JORDYN SCHINDLER
    530 WEST BANNACK
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 6,000
    PRINCE ASONYE
    5629 BEARGRASS LANE
    RALEIGH,NC27616     		NONE I SCHOLARSHIP - LIBERTY UNIVERSITY/UNIVERSITY OF NORTH DAKOTA 12,105
    KATIE GRAY
    12712 TOPIARY COURT
    RALEIGH,NC27614     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA WILMINGTON 12,000
    EMILY HOSKINS
    2082 BANNER WHITEHEAD ROAD
    SOPHIA,NC27350     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA CHAPEL HILL 12,000
    JESSICA TATE
    4908 BROOK KNOLL PL
    RALEIGH,NC27609     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA GREENSBORO 11,769
    NOAH RHYNE
    601 GRIER STREET
    LINCOLNTON,NC28092     		NONE I SCHOLARSHIP - LENOIR-RHYNE UNIVERSITY 12,000
    JAYDYN CHILD
    815 E GLENDALE
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 6,000
    JENNIFER WOMACK
    1600 E GLENDALE CL 29
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    JOSEPH NOVAK
    4441 SIX FORKS ROAD SUITE 106-256
    RALEIGH,NC27609     		NONE I SCHOLARSHIP - BROWN UNIVERSITY 10,000
    EVAN KRAMER
    105 HAVENHURST DRIVE
    TAYLORS,SC29687     		NONE I SCHOLARSHIP - WASHINGTON AND LEE UNIVERSITY 12,000
    BLAKE WEATHERSPOON
    1310 CLAYMORE DRIVE
    GARNER,NC27529     		NONE I SCHOLARSHIP - WAKE TECHNICAL COMMUNITY COLLEGE 1,917
    SULLY MAGEE
    554 FOX RIDGE DR
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA 6,000
    KRISTEN SOMMERFELD
    701 S COLUMBIA DR BOX 23
    DECATUR,GA30030     		NONE I SCHOLARSHIP - COLUMBIA THEOLOGICAL SEMINARY 758
    ROBERT F HARDY
    1911 SUNSET DR
    RALEIGH,NC27608     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 16,949
    GRAYSON FARLOW
    7420 MATHERLY DRIVE
    WAKE FOREST,NC27587     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 12,000
    SUE BEAUREGARD
    13880 N HEXCEL ROAD
    FLORENCE,AZ85128     		NONE I SCHOLARSHIP - NORTHERN ARIZONA UNIVERSITY 3,000
    DALE ROYER
    PO BOX 786
    JACKSON,MT59736     		NONE I SCHOLARSHIP - UNIVERSITY OF COLORADO 12,000
    ALEXANDRA ROUSE
    171 GREEN MEADOW DRIVE
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 6,000
    DANAH EUGENE
    7817 EMBASSY BLVD
    MIRAMAR,FL33023     		NONE I SCHOLARSHIP - BAPTIST COLLEGE OF FLORIDA 6,000
    DERRICK BARNES
    2205 MISS KELLY DRIVE
    RALEIGH,NC27612     		NONE I SCHOLARSHIP - PITT COMMUNITY COLLEGE 6,000
    QUENITA WINSTON
    PO BOX 96
    MONTREAT,NC28757     		NONE I SCHOLARSHIP - MARS HILL UNIVERSITY 6,000
    NOLAN GRAY
    12712 TOPIARY COURT
    RALEIGH,NC27614     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA WILMINGTON 12,000
    HUNTER LOPEZ
    112 SOUTH PARK LANE
    NEWPORT,NC28570     		NONE I SCHOLARSHIP - WINGATE UNIVERSITY 7,617
    KIA SCARBORO
    212 FOX RUN DRIVE
    WENDELL,NC27591     		NONE I SCHOLARSHIP - HAMPTON UNIVERSITY 12,000
    JULIAN GRAVES
    4912 BIVENS DRIVE
    RALEIGH,NC27616     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 12,000
    MATTHEW MORRIS
    2800 ALDERSHOT DRIVE
    WAKE FOREST,NC27587     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 12,000
    JENNIFER MCDONNELL
    2306 BYRD STREET
    RALEIGH,NC27608     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 12,000
    OLUWAJOBA OGUN
    3361 GROVE CRABTREE CRESCENT APT
    928
    RALEIGH,NC27613     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 5,195
    SAGE MCKENNA
    337 EARLY DRIVE
    WILMINGTON,NC28412     		NONE I SCHOLARSHIP - APPALACHIAN STATE UNIVERSITY 10,000
    LYDIA COOK
    100 PADDY LANE
    YOUNGSVILLE,NC27596     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA WILMINGTON 12,000
    MARK WALDRUP
    413 ANTELOPE DRIVE
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    SAM GODWIN
    469 STEWART ROAD
    DUNN,NC28334     		NONE I SCHOLARSHIP - CAMPBELL UNIVERSITY 12,059
    CLEM BONEY
    4213 ROWAN STREET
    RALEIGH,NC27609     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 12,000
    ANNA THOMPSON
    2632 THURROCK DRIVE
    APEX,NC27539     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA CHAPEL HILL 12,000
    AVERY VINING
    2018 LAUREL DRIVE
    PERRY,GA31069     		NONE I SCHOLARSHIP - GEORGIA STATE UNIVERSITY 6,000
    BAILEE DOERING
    450 TRENT DRIVE
    DILLON,GA59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 10,172
    ETHAN KREAGER
    916 GREENWOOD DRIVE
    GREENSBORO,NC27410     		NONE I SCHOLARSHIP - GEORGIA INSTITUTE OF TECHNOLOGY 12,000
    GRACE NOVAK
    P O BOX 96053
    DURHAM,NC27708     		NONE I SCHOLARSHIP - DUKE UNIVERSITY 10,617
    JARED SCHMIDLIN
    3300 BACHELOR MOUNTAIN ROAD
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA TECH OF THE UNIVERSITY OF MONTANA 6,000
    ZACHARY HASBROUCK
    470 W GRAND AVE
    EAU CLAIRE,WI54703     		NONE I SCHOLARSHIP - CHIPPEWA VALLEY TECHNICAL COLLEGE 12,166
    EMILIO ALMENDAREZ
    1160 CAROL LANE
    COOKEVILLE,TN38501     		NONE I SCHOLARSHIP - TENNESSEE TECH UNIVERSITY 6,000
    JASMINE GERVIN-WILLIAMS
    3935 VESTA DRIVE
    RALEIGH,NC27603     		NONE I SCHOLARSHIP - LIBERTY UNIVERSITY 10,198
    BIANCA LANIER
    8017 HINTON ROAD
    WAKE FOREST,NC27587     		NONE I SCHOLARSHIP - MEREDITH COLLEGE 12,000
    GABRIEL HUPP
    635 EAST MORSE
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA 11,586
    KRAMER DUNHAM
    2112 PRINCETON STREET
    BUTTE,MT59701     		NONE I SCHOLARSHIP - MONTANA TECH OF THE UNIVERSITY OF MONTANA 6,000
    KRISSI FAJGENBAUM
    321 S COLUMBIA STREET
    CHAPEL HILL,NC27516     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA CHAPEL HILL 6,000
    DAVID HUGHES
    6621 ROCKGLEN WAY APT 206
    RALEIGH,NC27615     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 11,775
    ANDY ANDERSON
    CMR 445 BOX 1061
    APO,AE09046     		NONE I SCHOLARSHIP - NORWICH UNIVERSITY 13,121
    AVA CERVANTES
    2175 EAST BENCH RD
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    LOUJIN AKKILA
    1471 CAIRO WAY
    FUQUAYVARINA,NC27526     		NONE I SCHOLARSHIP - WAKE TECHNICAL COMMUNITY COLLEGE 6,125
    ELLIE PARKER
    3721 BROWNING PLACE
    RALEIGH,NC27609     		NONE I SCHOLARSHIP - MEREDITH COLLEGE 6,000
    BRITTANY OCHSNER
    466 DAYSPRING DRIVE
    BOONE,NC27607     		NONE I SCHOLARSHIP - APPALACHIAN STATE UNIVERSITY 12,020
    DILLON PARKER
    201 EAGLECREST LANE
    PRINCETON,NC27569     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 6,000
    LOGAN LEE
    141 HOMESTEAD DRIVE
    SELMA,NC27576     		NONE I SCHOLARSHIP - METHODIST UNIVERSITY 12,000
    HAILEY RASH
    8079 SASSAFRAS LANE
    OXFORD,NC27565     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 10,500
    LAUREN HINSON
    202 ANGLERS WAY
    BEAUFORT,NC28516     		NONE I SCHOLARSHIP - APPALACHIAN STATE UNIVERSITY 10,999
    PETER PECK
    9500 MT HWY 324
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF IDAHO 6,000
    RYAN RAULYNAITIS
    103 PENNYLAND DRIVE
    ANGIER,NC27501     		NONE I SCHOLARSHIP - OHIO STATE UNIVERSITY 12,000
    ASHLEY LEE
    141 HOMESTEAD DRIVE
    SELMA,NC27576     		NONE I SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA CHAPEL HILL 12,000
    REBECCA CAREY
    4315 VIEWMONT DR
    RALEIGH,NC27610     		NONE I SCHOLARSHIP - SAINT AUGUSTINE'S UNIVERSITY 12,000
    PATRICK HARRELL
    116 PINE BLUFF DRIVE
    MOREHEAD CITY,NC28557     		NONE I SCHOLARSHIP - EAST CAROLINA UNIVERSITY 12,000
    HOPE FARLOW
    102 LOGAN COURT UNIT 302-A
    RALEIGH,NC27607     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 12,000
    SAVANNA STEWART
    PO BOX 504
    TWIN BRIDGES,MT59754     		NONE I SCHOLARSHIP - STANFORD UNIVERSITY 3,000
    MAGGIE MAGEE
    616 S CALIFORNIA ST
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA 6,000
    RJ FITZGERALD
    328 N 18TH AVE UNIT 1
    BOZEMAN,MT59718     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 5,000
    NICOLE HRITSCO
    2715 HARRIS STREET
    BOZEMAN,MT59718     		NONE I SCHOLARSHIP - MONTANA STATE UNIVERSITY 6,000
    JUSTINE SCHINDLER
    425 S CALIFORNIA ST
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 6,000
    AVA PALMER
    107 GALAHAD DR
    GREENVILLE,NC27858     		NONE I SCHOLARSHIP - UNIVERSITY OF MICHIGAN 9,000
    MCKENNA JONES
    510 HIGHLAND AVENUE
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA 6,000
    JAZMYNE CHAVIS
    1512 UPCHURCH WOODS DR
    RALEIGH,NC27603     		NONE I SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY 11,971
    BAILEY BERRIOCHOA
    447 MEADOWLARK DR
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 6,000
    BONNER APPLEGATE
    83 COSGROVE LN
    DILLON,MT59725     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 3,000
    CARSON HRITSCO
    2715 HARRIS STREET
    BOZEMAN,MT59718     		NONE I SCHOLARSHIP - UNIVERSITY OF MONTANA WESTERN 2,980
    CARRIE P BOWLES
    174 BERTRAM RD
    BEAUFORT,NC28516     		NONE I SCHOLARSHIP - CARTERET COMMUNITY COLLEGE 678
    GABRIEL KIRKLEY
    206 LEGGETT AVE
    DILLON,MT59725     		NONE I SCHOLARSHIP - MONTANA TECH OF THE UNIVERSITY OF MONTANA 6,000
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    JAYCEE PARK
    2405 WADE AVE
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 20,000
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    YELLOWSTONE BOYS AND GIRLS RANCH
    1732 72ND ST W
    BILLINGS,MT59106     		NONE PC GENERAL OPERATION EXPENSES 5,000
    CONTEMPORARY ART MUSEUM OF RALEIGH
    409 W MARTIN ST
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 20,000
    NATE COBB MEMORIAL GOLF TOURNAMENT
    6115 DOWNDFIELD WOOD DR
    CHARLOTTE,NC28269     		NONE PC GENERAL OPERATION EXPENSES 2,500
    HEARTS AND HANDS FOR HAITI
    2013 MIDWOOD DR
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 2,000
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    TIN ROOF SOCIETY
    7904 PRINCETON RD
    LIBERTY TOWNSHIP,OH45044     		NONE PC GENERAL OPERATION EXPENSES 2,500
    SALVATION ARMY
    902 WAKE FOREST RD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 5,000
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    CHILDREN'S HOME SOCIETY OF NORTH CAROLINA INC
    131 WIND CHIME CT
    RALEIGH,NC27615     		NONE PC GENERAL OPERATION EXPENSES 2,500
    FELLOWSHIP OF CHRISTIAN ATHELETES - TRIANGLE
    4600 MARRIOTT DRIVE
    RALEIGH,NC27612     		NONE PC GENERAL OPERATION EXPENSES 2,500
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    SHALLOW WELL UNITED CHURCH OF CHRIST
    1220 BROADWAY RD
    SANFORD,NC27332     		NONE PC GENERAL OPERATION EXPENSES 2,000
    SHALLOW WELL UNITED CHURCH OF CHRIST
    1220 BROADWAY RD
    SANFORD,NC27332     		NONE PC GENERAL OPERATION EXPENSES 15,000
    COMMUNITY EMPOWERMENT FUND
    133 1/2 E FRANKLIN STREET
    CHAPEL HILL,NC27514     		NONE PC GENERAL OPERATION EXPENSES 2,000
    FIRST PRESBTERIAN CHURCH
    111 W MORGAN ST
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 10,000
    ROCKY MOUNTAIN ELK FOUNDATION
    34 MILLBURN MANOR DR
    CAMDEN WYOMING,DE19934     		NONE PC GENERAL OPERATION EXPENSES 1,000
    LEE COUNTY EDUCATION FOUNDATION
    PO BOX 98
    SANFORD,NC27331     		NONE PC GENERAL OPERATION EXPENSES 1,000
    THE WOMEN'S RESOURCECOMMUNITY SUPPORT CENTER
    236 E REEDER ST PO BOX 888
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 20,000
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 20,000
    NORTH CAROLINA STATE UNIVERSITY - POOLE COLLEGE OF MANAGEMENT
    2801 FOUNDERS DR
    RALEIGH,NC27695     		NONE PC GENERAL OPERATION EXPENSES 22,000
    PATRIOT FOUNDATION
    PO BOX 5069
    PINEHURST,NC28374     		NONE PC GENERAL OPERATION EXPENSES 25,000
    ST MARY'S SCHOOL
    900 HILLSBOROUGH ST
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 20,000
    UNIVERSITY OF MONTANA WESTERN
    710 S ATLANTIC STREET
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES - RODEO SCHOLARSHIPS 16,000
    UNIVERSITY OF MONTANA WESTERN
    710 S ATLANTIC STREET
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES - BUSINESS SCHOOL SCHOLARSHIPS 11,000
    WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
    9101 FAYETTEVILLE ROAD
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES - SCHOLARSHIPS 12,000
    BEST NC
    2826 LAZY LANE
    WINSTON SALEM,NC27106     		NONE PC GENERAL OPERATION EXPENSES 20,000
    BOYS & GIRLS CLUB OF WAKE COUNTY
    721 N RALEIGH BLVD
    RALEIGH,NC27610     		NONE PC GENERAL OPERATION EXPENSES 30,000
    BOY SCOUTS OF AMERICA
    1325 WEST WALNUT HILL LANE
    IRVING,TX75038     		NONE PC GENERAL OPERATION EXPENSES 50,000
    PHILMONT SCOUT RANCH BSA
    17 DEER RUN RD
    CIMARRON,NM87714     		NONE PC GENERAL OPERATION EXPENSES 100,000
    PHILMONT SCOUT RANCH BSA
    17 DEER RUN RD
    CIMARRON,NM87714     		NONE PC GENERAL OPERATION EXPENSES 100,000
    DILLON CUBS AMERICAN LEGION BASEBALL
    PO BOX 1151
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 10,000
    DUKE UNIVERSITY
    324 BLACKWELL ST WASHINGTON BLDG NO
    850
    DURHAM,NC27701     		NONE PC GENERAL OPERATION EXPENSES 100,000
    LEE COUNTY EDUCATION FOUNDATION
    PO BOX 98
    SANFORD,NC27331     		NONE PC GENERAL OPERATION EXPENSES 10,000
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 100,000
    NC MUSEUM OF HISTORY
    5 EAST EDENTON ST
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 25,000
    NC SYMPHONY
    3700 GLENWOOD AVE STE 130
    RALEIGH,NC27612     		NONE PC GENERAL OPERATION EXPENSES 50,000
    NC BEAUTIFUL
    6700 OLD WAKE FOREST ROAD
    RALEIGH,NC27616     		NONE PC GENERAL OPERATION EXPENSES 17,000
    NC CHAMBER OF COMMERCE
    701 CORPORATE DRIVE SUITE 400
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 10,000
    RAVENSCROFT SCHOOL
    7409 FALLS OF NEUSE RD
    RALEIGH,NC27615     		NONE PC GENERAL OPERATION EXPENSES 100,000
    HOPE REINS
    PO BOX 99152
    RALEIGH,NC27624     		NONE PC GENERAL OPERATION EXPENSES 5,000
    SOUTHWESTERN MONTANA YMCA
    75 SWANSON WAY
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 100,000
    STEP UP MINISTRY
    1701 OBERLIN RD
    RALEIGH,NC27608     		NONE PC GENERAL OPERATION EXPENSES 20,000
    YMCA WE BUILD PEOPLEYMCA OF THE TRIANGLE INC
    801 CORPORATE CENTER DR SUITE 200
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 25,000
    YMCA WE BUILD PEOPLEYMCA OF THE TRIANGLE INC
    801 CORPORATE CENTER DR SUITE 200
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 100,000
    ALDERT ROOT ELEMENTARY EDUCATIONAL FOUNDATION
    PO BOX 20981
    RALEIGH,NC27619     		NONE PC GENERAL OPERATION EXPENSES 1,000
    AMERICAN RED CROSS
    PO BOX 1445
    RALEIGH,NC27560     		NONE PC GENERAL OPERATION EXPENSES 1,000
    BEAVERHEAD COMMUNITY FOOD PANTRY
    131 EAST HELENA ST
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 2,000
    BEAVERHEAD COUNTY MUSEUM ASSOCIATION
    15 S MONTANA ST
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 1,500
    BEAVERHEAD COUNTY SEARCH & RESCUE
    2 SOUTH PACIFIC ST STE 5
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 1,500
    BARRETT HOSPITAL DEVELOPMENT CORPORATION
    600 STATE HWY 91 S
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 3,500
    BOYS AND GIRLS CLUBS OF NORTH CENTRAL NORTH CAROLINA
    105 WEST ST
    OXFORD,NC27565     		NONE PC GENERAL OPERATION EXPENSES 2,500
    BOY SCOUTS OF AMERICA
    1325 WEST WALNUT HILL LANE
    IRVING,TX75038     		NONE PC GENERAL OPERATION EXPENSES 50,000
    CAMP CORRAL
    5151 GLENWOOD AVENUE
    RALEIGH,NC27612     		NONE PC GENERAL OPERATION EXPENSES 5,000
    CONTEMPORARY ART MUSEUM OF RALEIGH
    409 W MARTIN ST
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 5,000
    DUKE UNIVERSITY
    324 BLACKWELL ST WASHINGTON BLDG NO
    850
    DURHAM,NC27701     		NONE PC GENERAL OPERATION EXPENSES 5,000
    FELLOWSHIP OF CHRISTIAN ATHELETES - TRIANGLE
    4600 MARRIOTT DRIVE
    RALEIGH,NC27612     		NONE PC GENERAL OPERATION EXPENSES 1,000
    FIRST PRESBTERIAN CHURCH
    111 W MORGAN ST
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 14,000
    FIRST PRESBTERIAN CHURCH
    111 W MORGAN ST
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 20,000
    FOUNDATION OF HOPE
    9401 GLENWOOD AVENUE
    RALEIGH,NC27617     		NONE PC GENERAL OPERATION EXPENSES 10,000
    FRAGILE X FOUNDATION
    2469 EASTWOOD LN
    MEBANE,NC27302     		NONE PC GENERAL OPERATION EXPENSES 2,500
    FRANKIE LEMON SCHOOL AND DEVELOPMENT CENTER INC
    1800 GLENWOOD AVENUE
    RALEIGH,NC27608     		NONE PC GENERAL OPERATION EXPENSES 5,000
    HABITAT FOR HUMANITY
    2420 N RALEIGH BLVD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 7,500
    HEARTS AND HANDS FOR HAITI
    2013 MIDWOOD DR
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 5,000
    HEARTS AND HANDS FOR HAITI
    2013 MIDWOOD DR
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 25,000
    HEARTS AND HANDS FOR HAITI
    2013 MIDWOOD DR
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 12,600
    HEARTS AND HANDS FOR HAITI
    2013 MIDWOOD DR
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 4,800
    HOSPICE OF WAKE COUNTY DBA TRANSITIONS LIFECARE
    1300 ST MARYS ST 4TH FLOOR
    RALEIGH,NC27605     		NONE PC GENERAL OPERATION EXPENSES 15,000
    JUNIOR ACHIEVEMENT
    4900 WATERS EDGE DR STE 175
    RALEIGH,NC27606     		NONE PC GENERAL OPERATION EXPENSES 1,000
    DILLON LITTLE FIDDLERS
    PO BOX 1001
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 1,000
    WHEELS 4 HOPE
    929 S SAUNDERS ST
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 1,000
    MINA MINISTRIES INC
    7601 FALLS OF NEUSE ROAD
    RALEIGH,NC27615     		NONE PC GENERAL OPERATION EXPENSES 1,500
    MS SOCIETY
    3101 INDUSTRIAL DR STE 210
    RALEIGH,NC27609     		NONE PC GENERAL OPERATION EXPENSES 5,000
    NC HUNTERS FOR HUNGRY
    PO BOX 99048
    RALEIGH,NC27624     		NONE PC GENERAL OPERATION EXPENSES 1,000
    NC MUSEUM OF ART
    2110 BLUE RIDGE RD
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 5,000
    NC MUSEUM OF HISTORY
    5 EAST EDENTON ST
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 1,000
    NC MUSEUM OF NATURAL SCIENCES
    11 WEST JONES STREET
    RALEIGH,NC27601     		NONE PC GENERAL OPERATION EXPENSES 5,000
    NC SPECIAL OLYMPICS
    2200 GATEWAY CENTER BLVD SUITE 201
    MORRISVILLE,NC27560     		NONE PC GENERAL OPERATION EXPENSES 5,000
    OXFORD MASONIC ORPHANAGE
    600 COLLEGE ST
    OXFORD,NC27565     		NONE PC GENERAL OPERATION EXPENSES 2,500
    WILLIAM PEACE UNIVERSITY
    15 EAST PEACE ST
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 2,500
    PRESBYTERIAN HOME GLENAIRE
    4000 GLENAIRE CIRCLE
    CARY,NC27511     		NONE PC GENERAL OPERATION EXPENSES 2,500
    RALEIGH RESCUE MISSION
    1200 CORPORATION PKWY SUITE 121
    RALEIGH,NC27610     		NONE PC GENERAL OPERATION EXPENSES 2,500
    QUEEN'S UNIVERSITY
    1900 SELWYN AVE
    CHARLOTTE,NC28274     		NONE PC GENERAL OPERATION EXPENSES 2,500
    SALVATION ARMY
    902 WAKE FOREST RD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 10,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		NONE PC GENERAL OPERATION EXPENSES 2,500
    MONTANA SPECIAL OLYMPICS
    PO BOX 3507
    GREAT FALLS,MT59403     		NONE PC GENERAL OPERATION EXPENSES 2,500
    STEP UP MINISTRY
    1701 OBERLIN RD
    RALEIGH,NC27608     		NONE PC GENERAL OPERATION EXPENSES 5,000
    TRIANGLE FAMILY SERVICES INC
    3937 WESTERN BOULEVARD
    RALEIGH,NC27606     		NONE PC GENERAL OPERATION EXPENSES 5,000
    UNC-TV
    10 TW ALEXANDER DRIVE
    RESEARCH TRIANGLE PARK,NC27709     		NONE PC GENERAL OPERATION EXPENSES 2,000
    UNITED WAY OF BEAVERHEAD COUNTY
    PO BOX 263
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 2,000
    URBAN MINISTRIES OF WAKE COUNTY
    1390 CAPITAL BLVD
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 1,500
    YOUTH CONNECTIONS MENTORING PROGRAM
    PO BOX 87
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 1,000
    SOUTHWESTERN MONTANA YMCA
    75 SWANSON WAY
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 20,000
    SOUTHWESTERN MONTANA YMCA
    75 SWANSON WAY
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 25,000
    YMCA WE BUILD PEOPLEYMCA OF THE TRIANGLE INC
    801 CORPORATE CENTER DR SUITE 200
    RALEIGH,NC27607     		NONE PC GENERAL OPERATION EXPENSES 40,000
    FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA
    1924 CAPITAL BLVD
    RALEIGH,NC27604     		NONE PC GENERAL OPERATION EXPENSES 75,000
    CAPPER FOUNDATION
    3500 SW 10TH AVE
    TOPEKA,KS66604     		NONE PC GENERAL OPERATION EXPENSES 2,500
    DILLON ELEMENTARY SCHOOL DISTRICT
    22 NORTH COTTOM
    DILLON,MT59725     		NONE PC GENERAL OPERATION EXPENSES 1,500
    COMMUNITY MUSIC SCHOOL
    322 CHAPANOKE RD
    RALEIGH,NC27603     		NONE PC GENERAL OPERATION EXPENSES 5,000
    Total .................................bullet 3a 2,503,380
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 52  
    4 Dividends and interest from securities....     14 906,559  
    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.....     14 38,165  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 587,813  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,532,589 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,532,589
    (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
    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
    O TEMPLE SLOAN JR FOUNDATION
     
    Employer identification number

    56-1870844
    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
    O TEMPLE SLOAN JR FOUNDATION
          		Employer identification number
    56-1870844
    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
    O TEMPLE SLOAN JR  
    4900 FALLS OF NEUSE ROAD SUITE 150
     
    RALEIGH, NC27609

    		$ 610,955


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    C HAMILTON SLOAN  
    227 LANDS END ROAD
     
    MOREHEAD CITY, NC28557

    		$ 22,800


    (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
    O TEMPLE SLOAN JR FOUNDATION
          		Employer identification number

    56-1870844
    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
     
    		$    
    (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
    O TEMPLE SLOAN JR FOUNDATION
          		Employer identification number

    56-1870844
    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:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SLOAN BROTHERS ACCOUNTING FEES 6,918 5,189 0 1,729
    BATCHELOR, TILLERY & ROBERTS, LLP 18,237 13,678 0 4,559

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Name of Stock End of Year Book Value End of Year Fair Market Value
    U.S. TRUST 31,220,838 39,067,174
    MALIN CORPORATION PLC 552,132 237,669
    NCS/AWG STOCK 271,755 389,874

    TY 2018 LegalFeesSchedule
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WARD & SMITH, PA 9,751 0 0 9,751


    TY 2018 OtherDecreasesSchedule
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Description Amount
    OTHER CURRENT YEAR BOOK/TAX DIFFERENCES 39,029


    TY 2018 OtherExpensesSchedule
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MGMT FEES & MISC. EXPENSE - U.S. TRUST 192,070 192,070 0 0
    OFFICE SUPPLIES 1,352 1,014 0 338
    MISCELLANEOUS 106 80 0 26
    OTHER EXPENSES - BLACKSTONE K-1 11,660 11,660 0 0


    TY 2018 OtherIncomeSchedule2
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    U.S. TRUST MISCELLANEOUS RECEIPTS 2,121 2,121 0
    OTHER INCOME - BLACKSTONE K-1 36,044 36,044 0


    TY 2018 TaxesSchedule
    Name:
    O TEMPLE SLOAN JR FOUNDATION
    EIN:
    56-1870844
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN DIVIDEND TAX (U.S. TRUST) 2,726 2,726 0 0