Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 11-01-2018 , and ending 10-31-2019
Name of foundation
J ROGERS BADGETT SR FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1822 NORTH MAIN STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MADISONVILLE, KY42431
A Employer identification number

31-1755149
B Telephone number (see instructions)

(270) 821-0408
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$30,818,472J 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) 400,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 305,766 305,766  
5a Gross rents............ 3,937,007 3,126,465  
b Net rental income or (loss) 667,398
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -39,865
b Gross sales price for all assets on line 6a 3,862,164
7 Capital gain net income (from Part IV, line 2)... 0
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 10,433 4,161  
12 Total. Add lines 1 through 11........ 4,613,341 3,436,392  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 104,395 48,197   56,198
14 Other employee salaries and wages...... 418,948 387,637   1,830
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 4,922 4,922   0
b Accounting fees (attach schedule)....... Click to see attachment 5,575 2,788   2,787
c Other professional fees (attach schedule).... Click to see attachment 53,658 53,658   0
17 Interest............... 232,326 114,188   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 579,526 255,905   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 708,866 554,681  
20 Occupancy.............. 8,730 4,365   4,365
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 1,500,354 1,266,770   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,617,300 2,693,111   65,180
25 Contributions, gifts, grants paid....... 816,181 816,181
26 Total expenses and disbursements. Add lines 24 and 25 4,433,481 2,693,111   881,361
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 179,860
b Net investment income (if negative, enter -0-) 743,281
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............. 499,285 45,946 45,946
2 Savings and temporary cash investments......... 2,228,428 15,628,082 15,628,082
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.......... 4,720 4,720 4,720
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,342,356 Click to see attachment7,359,826 7,359,826
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet15,511,761
Less: accumulated depreciation (attach schedule) bullet4,855,291 20,388,013 Click to see attachment10,656,470 7,713,398
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 525,533 Click to see attachment66,500 66,500
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment468,458 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,456,793 33,761,544 30,818,472
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 850,297  
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 5,080,116 4,838,723
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment3,743,602
23 Total liabilities (add lines 17 through 22)......... 5,930,413 8,582,325
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 24,526,380 25,179,219
30 Total net assets or fund balances (see instructions)..... 24,526,380 25,179,219
31 Total liabilities and net assets/fund balances (see instructions). 30,456,793 33,761,544
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
24,526,380
2
Enter amount from Part I, line 27a .....................
2
179,860
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
472,979
4
Add lines 1, 2, and 3 ..........................
4
25,179,219
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
25,179,219
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b INVESTMENT INCOME FROM DEBT-FINANCED PROPERTY P 2017-10-31 2019-10-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,249,090   2,285,544 -36,454
b       -194,022
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -36,454
b       -194,022
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -230,476
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 813,049 22,702,722 0.035813
2016 635,273 20,246,360 0.031377
2015 1,121,527 19,701,742 0.056925
2014 585,975 19,701,727 0.029742
2013 425,783 20,018,973 0.021269
2
Total of line 1, column (d) .....................
2
0.175126
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
0.035025
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
17,411,611
5
Multiply line 4 by line 3......................
5
609,842
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,433
7
Add lines 5 and 6........................
7
617,275
8
Enter qualifying distributions from Part XII, line 4,.............
8
881,361
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 7,433
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 7,433
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 7,433
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 11,544
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 11,544
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 4,111
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,111 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletKY
    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 addressbulletN/A
    14
    The books are in care ofbulletBENTLEY F BADGETT II Telephone no.bullet (270) 821-0408

    Located atbullet1822 N MAIN ST BLDG AMADISONVILLEKY ZIP+4bullet42431
    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
    BENTLEY F BADGETT II PRESIDENT/DIRECTOR
    25.00     		64,395 0 0
    PO BOX 790
    MADISONVILLE,KY42431
    MARY RHEAETTA ASHBY VICE PRESIDENT/DIRECTOR
    0.10     		40,000 0 0
    187 MORGAN LANE
    HOPKINSVILLE,KY42240
    CLAUDE R BADGETT SEC/TREAS/DIRECTOR
    0.10     		0 0 0
    250 PIN OAK LANE
    MADISONVILLE,KY42431
    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 NOT APPLICABLE 0
    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 NOT APPLICABLE 0
    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
    6,623,874
    b
    Average of monthly cash balances.......................
    1b
    3,268,270
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,784,618
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,676,762
    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
    17,676,762
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    265,151
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,411,611
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    870,581
    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
    870,581
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,433
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    70,327
    c
    Add lines 2a and 2b............................
    2c
    77,760
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    792,821
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    792,821
    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
    792,821
    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
    881,361
    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
    881,361
    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
    7,433
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    873,928
    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 7 792,821
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 738,094
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 881,361
    a Applied to 2017, but not more than line 2a 738,094
    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..... 143,267
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		649,554
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOY SCOUTS OF AMERICA
    PO BOX 487
    OWENSBORO,KY42302     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 25,000
    BREAKING BREAD
    221 S MAIN ST
    MADISONVILLE,KY42431     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 3,000
    CHRISTIAN FOOD BANK
    241 W CENTER ST
    MADISONVILLE,KY42431     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 5,000
    COLORADO SCHOOL OF MINES FOUNDATION
    1812 ILLINOIS STREET
    GOLDEN,CO80401     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 200,000
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PUBLIC CHARITY AMERICAN RIVERS INITIATIVE 20,000
    HOPKINS COUNTY ECON DEVELOPMENT
    755 INDUSTRIAL ROAD
    MADISONVILLE,KY42431     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 5,000
    HOPKINS COUNTY IMAGINATION LIBRARY
    120 QUINTON CT
    LEXINGTON,KY40509     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 20,000
    KENTUCKY WESLEYAN COLLEGE
    3000 FREDERICA STREET
    OWENSBORO,KY42301     		NONE PUBLIC CHARITY THE BADGETT SCHOLARSHIP FUND 2018 24,000
    LIGHTHOUSE PROMISE INC
    5312 SHEPHERDSVILLE ROAD
    LOUISVILLE,KY40228     		NONE PUBLIC CHARITY MATCHING DONATION 10,000
    MADISONVILLE COMMUNITY COLLEGE
    2000 COLLEGE DRIVE
    MADISONVILLE,KY42431     		NONE PUBLIC CHARITY 2019 FALL HONORS SCHOLARSHIP, SCHOOL COUNTS! FOR HOPKINS COUNTY 62,485
    MSU FOUNDATION
    150 UNIVERSITY BLVD
    MOREHEAD,KY40351     		NONE PUBLIC CHARITY SCHOLARSHIPS 235,000
    MURRAY STATE UNIVERSITY
    102 CURRIS CENTER
    MURRAY,KY42071     		NONE PUBLIC CHARITY SCHOLARSHIPS 4,000
    OCTC FOUNDATION
    4800 NEW HARTFORD ROAD
    OWENSBORO,KY42303     		NONE PUBLIC CHARITY SCHOLARSHIPS 13,500
    OPERATION OPEN ARMS
    1400 ENVOY CIRCLE
    LOUISVILLE,KY40299     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 5,000
    PENNYRILE READING COUNCIL
    4515 ASHBYBURG ROAD
    SLAUGHTERS,KY42456     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 5,000
    SALVATION ARMY
    1417 E MAIN STREET
    RICHMOND,KY40475     		NONE PUBLIC CHARITY TO BE USED IN EXEMPT PURPOSE 40,000
    WKU COLLEGE HEIGHTS FOUNDATION
    1906 COLLEGE HEIGHTS BLVD
    BOWLING GREEN,KY42101     		NONE PUBLIC CHARITY SCHOLARSHIPS 139,196
    Total .................................bullet 3a 816,181
    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 ...........     		         
    4 Dividends and interest from securities....     14 305,766  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 139,007 16 134,359  
    bNot debt-financed property.....     16 394,031  
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 900001 6,272 14 4,161  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		531120 190,611 18 -230,475  
    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).. 335,890 607,842 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    943,732
    (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
    J ROGERS BADGETT SR FOUNDATION INC
     
    Employer identification number

    31-1755149
    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
    J ROGERS BADGETT SR FOUNDATION INC
          		Employer identification number
    31-1755149
    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
    BROWN BADGETT FOUNDATION
     
    PO BOX 1271
     
    MADISONVILLE, KY42431

    		$ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BENTLEY F BADGETT II
     
    PO BOX 790
     
    MADISONVILLE, KY42431

    		$ 300,000


    (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
    J ROGERS BADGETT SR FOUNDATION INC
          		Employer identification number

    31-1755149
    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
    J ROGERS BADGETT SR FOUNDATION INC
          		Employer identification number

    31-1755149
    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:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,575 2,788   2,787

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

    TY 2018 AmortizationSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LEASE COMMISSIONS 2018-03-22 495,069 41,256 84.000000000000 70,724 34,761   111,980
    LOAN COSTS 2018-09-27 14,893 248 60.000000000000 2,979 1,464   3,227

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

    TY 2018 DepreciationSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    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
    LAND 2009-12-03 1,600,000   L   0 0    
    PARKING & SIDEWALKS 2009-12-03 400,000 237,780 SL 15.000000000000 26,667 26,667    
    BUILDING 2009-12-03 9,793,798 2,239,180 SL 39.000000000000 251,123 251,123    
    BUILDING IMPROVEMENTS 2009-12-03 62,530 14,294 SL 39.000000000000 1,603 1,603    
    HVAC 2011-10-11 22,700 4,123 SL 39.000000000000 582 582    
    BUILDING IMPROVEMENTS 2011-06-30 28,400 5,339 SL 39.000000000000 728 728    
    IMPROVEMENTS- NEW AUTO DOOR 2008-12-03 14,216 3,817 SL 39.000000000000 365 365    
    LEASEHOLD IMPROVEMENTS 2008-08-15 17,333 6,069 SL 15.000000000000 578 1,156    
    ELEVATOR- UPDATE CARS AND ELECTRONICS 2008-07-30 60,619 16,900 SL 39.000000000000 1,554 1,554    
    PARKING LOT 2008-01-01 71,640 52,536 SL 15.000000000000 4,776 4,776    
    BUILDING & COMPONENTS 2009-12-31 237,601 57,620 SL 39.000000000000 6,092 6,092    
    CARPET & DRAPES 2009-12-31 30,074 15,037 200DB 5.000000000000 0 0    
    TENANT IMPROVEMENTS 2009-12-31 24,111 7,638 SL 15.000000000000 804 1,607    
    BUILDING & COMPONENTS 2010-06-15 17,636 4,049 SL 39.000000000000 452 452    
    PARKING DECK 2010-06-15 24,500 6,945 SL 15.000000000000 817 1,633    
    TENANT IMPROVEMENTS 2010-06-15 227,480 52,254 SL 39.000000000000 5,833 5,833    
    REPLACE RTU (CLIMATEC LLC) 2012-06-15 17,989 2,939 SL 39.000000000000 442 442    
    SEAL EXTERIOR OF BUILDING (ADVANCED SEALANTS LLC) 2012-06-20 6,275 1,026 SL 39.000000000000 154 154    
    HOLLAND ROOFING 8/12 REPLACEMENT 2012-08-31 79,458 12,646 SL 39.000000000000 1,952 1,952    
    ADVANCE SEALANT WATERPROOF 2012-09-30 18,825 2,958 SL 39.000000000000 463 463    
    ADVANCE SEALANT WATERPROOF 2012-10-25 18,825 2,918 SL 39.000000000000 463 463    
    REPLACE WATER HEATER (GALLAHUE PLUMBING) 2012-08-06 4,390 4,170 200DB 7.000000000000 110 220    
    BUILDING & COMPONENTS 2012-12-31 342,210 55,575 SL 39.000000000000 8,775 8,775    
    CARPET & DRAPES 2012-12-31 5,594 2,797 200DB 5.000000000000 0 0    
    FURNITURE & FIXTURES 2012-12-31 160 71 200DB 7.000000000000 6 23    
    TENANT IMPROVEMENTS 2012-12-31 303,504 49,286 SL 39.000000000000 7,782 7,782    
    ADVANCE PARMERICA ENVELOPE SEALANTS 2012-11-25 9,413 1,426 SL 39.000000000000 241 241    
    ADVANCE PARMERICA ENVELOPE SEALANTS 2012-12-25 9,413 1,406 SL 39.000000000000 241 241    
    CONSTRUCTION MGMT FEE 2013-01-23 7,111 1,047 SL 39.000000000000 182 182    
    HVAC REPLACEMENT 2013-01-30 4,206 621 SL 39.000000000000 108 108    
    RESURFACE PARKING LOT 2013-04-12 184,585 68,708 SL 15.000000000000 12,306 12,306    
    CONSTRUCTION MGMT FEE 2013-04-25 9,229 1,303 SL 39.000000000000 237 237    
    OFFICE BUILDING 2005-06-06 9,750,000 3,500,000 SL 39.000000000000 250,000 250,000    
    ELEVATOR 2007-01-01 352,833 111,957 SL 39.000000000000 9,047 9,047    
    CARPET 2007-01-01 10,659 10,659 200DB 5.000000000000 0 0    
    FURNITURE & FIXTURES 2007-01-01 8,403 8,403 200DB 7.000000000000 0 0    
    IMPROVEMENTS 2007-01-01 94,392 29,948 SL 39.000000000000 2,420 2,420    
    CARPET & DRAPES 2010-06-15 1,905 952 200DB 5.000000000000 0 0    
    BUILDING & COMPONENTS 2011-12-31 194,861 37,262 SL 39.000000000000 4,996 4,996    
    PARKING DECK 2011-12-31 5,998   SL 15.000000000000 0 400    
    TENANT IMPROVEMENTS 2011-12-31 45,287 8,659 SL 39.000000000000 1,161 1,161    
    TENANT IMPROVEMENTS 2013-10-31 1,249,594 160,205 SL 39.000000000000 32,041 32,041    
    HVAC SVS (CLIMATEC, LLC) 2014-05-25 3,947 446 SL 39.000000000000 101 101    
    CARPET & DRAPES 2013-11-13 1,093 538 200DB 5.000000000000 8 0    
    TENANT IMPROVEMENTS 2014-10-08 805,681 84,354 SL 39.000000000000 20,658 20,658    
    FURNITURE & FIXTURES 2014-08-22 5,940 4,449 200DB 7.000000000000 519 849    
    FURNITURE & FIXTURES 2014-09-17 4,796 3,592 200DB 7.000000000000 419 685    
    FURNITURE & FIXTURES 2014-10-08 553 414 200DB 7.000000000000 48 79    
    BUILDING & COMPONENTS 2013-12-13 4,578 571 SL 39.000000000000 117 117    
    CARPETS & DRAPES 2014-01-15 1,973 1,946 200DB 5.000000000000 27 27    
    CARPET & DRAPES 2014-02-17 4,025 3,853 200DB 5.000000000000 172 172    
    BUILDING & COMPONENTS 2014-03-05 22,461 2,664 SL 39.000000000000 576 576    
    ELEVATOR 2014-03-05 34,282 4,065 SL 39.000000000000 879 879    
    BUILDING & COMPONENTS 2014-04-01 28,009 3,261 SL 39.000000000000 718 718    
    BUILDING & COMPONENTS 2014-05-08 4,230 482 SL 39.000000000000 108 108    
    CARPET & DRAPES 2014-05-08 4,894 4,548 200DB 5.000000000000 346 346    
    CARPET & DRAPES 2014-08-04 4,061 3,672 200DB 5.000000000000 389 389    
    BUILDING & COMPONENTS 2014-09-17 3,010 318 SL 39.000000000000 77 77    
    CARPET & DRAPES 2014-09-17 10,393 9,398 200DB 5.000000000000 995 995    
    BUILDING & COMPONENTS 2014-11-07 6,294 638 SL 39.000000000000 161 161    
    CARPET & DRAPES 2014-11-06 1,635 1,352 200DB 5.000000000000 189 283    
    TENANT IMPROVEMENTS 2014-11-10 52,520 5,388 SL 39.000000000000 1,347 1,347    
    BUILDING & COMPONENTS 2014-12-01 6,131 609 SL 39.000000000000 157 157    
    CARPET & DRAPES 2014-12-24 5,231 4,327 200DB 5.000000000000 603 904    
    FURNITURE & FIXTURES 2014-12-24 9,980 6,863 200DB 7.000000000000 891 1,426    
    TENANT IMPROVEMENTS 2014-12-24 106,698 10,488 SL 39.000000000000 2,736 2,736    
    TENANT IMPROVEMENTS 2015-01-30 52,010 5,002 SL 39.000000000000 1,334 1,334    
    BASEMENT FURNITURE & PAINTING 2015-02-18 7,681 5,282 200DB 7.000000000000 685 1,097    
    LIGHT FIXTURES - SUITE 450 2015-02-18 4,632 3,185 200DB 7.000000000000 413 662    
    FURNITURE & FIXTURES 2015-02-24 1,363 937 200DB 7.000000000000 122 195    
    TENANT IMPROVEMENTS 2015-02-24 35,647 3,351 SL 39.000000000000 914 914    
    CARPET & DRAPES 2015-03-03 3,611 2,987 200DB 5.000000000000 416 624    
    TENANT IMPROVEMENTS 2015-03-16 34,767 3,193 SL 39.000000000000 891 891    
    FURNITURE & FIXTURES 2015-04-08 9,264 6,370 200DB 7.000000000000 827 1,323    
    TENANT IMPROVEMENTS 2015-04-29 10,687 959 SL 39.000000000000 274 274    
    TENANT IMPROVEMENTS 2015-05-22 8,738 765 SL 39.000000000000 224 224    
    FURNITURE & FIXTURES 2015-06-05 2,402 1,651 200DB 7.000000000000 215 343    
    TENANT IMPROVEMENTS 2015-06-26 32,973 2,817 SL 39.000000000000 845 845    
    FURNITURE & FIXTURES 2015-07-08 1,252 861 200DB 7.000000000000 112 179    
    TENANT IMPROVEMENTS 2015-07-08 11,818 1,010 SL 39.000000000000 303 303    
    CARPETS & DRAPES 2015-08-20 1,927 1,594 200DB 5.000000000000 222 333    
    TENANT IMPROVEMENTS 2015-09-30 6,513 515 SL 39.000000000000 167 167    
    HVAC SVS (CLIMATEC, LLC) 2015-07-13 40,214 3,437 SL 39.000000000000 1,031 1,031    
    TENANT IMPROVEMENTS 2016-02-26 20,462 1,400 SL 39.000000000000 525 525    
    BUILDING & COMPONENTS 2016-03-18 4,360 294 SL 39.000000000000 112 112    
    CARPETS & DRAPES 2016-03-18 1,191 869 200DB 5.000000000000 136 238    
    TENANT IMPROVEMENTS 2016-03-18 7,906 524 SL 39.000000000000 203 203    
    TENANT IMPROVEMENTS 2016-04-08 26,052 1,726 SL 39.000000000000 668 668    
    TENANT IMPROVEMENTS 2016-04-20 7,800 542 SL 36.000000000000 217 217    
    CARPETS & DRAPES 2016-05-10 2,110 1,464 200DB 5.000000000000 258 422    
    CARPETS & DRAPES 2016-05-18 1,929 1,339 200DB 5.000000000000 236 386    
    TENANT IMPROVEMENTS 2016-05-10 9,667 620 SL 39.000000000000 248 248    
    TENANT IMPROVEMENTS 2016-05-18 1,875 116 SL 39.000000000000 48 48    
    TENANT IMPROVEMENTS 2016-06-14 19,866 1,230 SL 39.000000000000 509 509    
    TENANT IMPROVEMENTS 2016-07-15 3,265 196 SL 39.000000000000 84 84    
    TENANT IMPROVEMENTS 2016-07-27 2,610 151 SL 39.000000000000 67 67    
    CARPETS & DRAPES 2016-08-16 1,131 745 200DB 5.000000000000 154 226    
    TENANT IMPROVEMENTS 2016-08-16 10,381 576 SL 39.000000000000 266 266    
    TENANT IMPROVEMENTS 2016-09-09 3,578 199 SL 39.000000000000 92 92    
    CARPETS & DRAPES 2016-10-13 3,873 2,549 200DB 5.000000000000 530 775    
    FURNITURE & FIXTURES 2016-10-13 3,682 1,871 200DB 7.000000000000 517 526    
    TENANT IMPROVEMENTS 2016-10-13 6,375 340 SL 39.000000000000 163 163    
    TENANT IMPROVEMENTS 2016-10-28 476 24 SL 39.000000000000 12 12    
    RPL SYSTEM 2016-06-22 22,863 1,367 SL 39.000000000000 586 586    
    HVAC #108 2016-08-10 12,987 749 SL 39.000000000000 333 333    
    BUILDING IMPROVEMENTS 2016-09-14 38,500 2,139 SL 39.000000000000 987 987    
    TENANT IMPROVEMENTS 2016-11-02 35,878 1,840 SL 39.000000000000 920 920    
    TENANT IMPROVEMENTS 2016-11-14 656 34 SL 39.000000000000 17 17    
    BUILDING & COMPONENTS 2016-12-16 28,979 1,362 SL 39.000000000000 743 743    
    TENANT IMPROVEMENTS 2016-12-16 9,385 442 SL 39.000000000000 241 241    
    CARPET & DRAPES 2017-01-06 2,128 781 SL 5.000000000000 426 426    
    TENANT IMPROVEMENTS 2017-02-22 9,150 391 SL 39.000000000000 235 235    
    FURNITURE & FIXTURES 2017-03-16 2,671 605 SL 7.000000000000 382 382    
    TENANT IMPROVEMENTS 2017-03-16 2,573 104 SL 39.000000000000 66 66    
    CARPET & DRAPES 2017-04-05 2,262 716 SL 5.000000000000 452 452    
    TENANT IMPROVEMENTS 2017-04-05 43,526 1,767 SL 39.000000000000 1,116 1,116    
    BUILDING & COMPONENTS 2017-05-02 1,039 40 SL 39.000000000000 27 27    
    TENANT IMPROVEMENTS 2017-05-02 5,040 194 SL 39.000000000000 129 129    
    BUILDING & COMPONENTS 2017-05-04 2,425 93 SL 39.000000000000 62 62    
    TENANT IMPROVEMENTS 2017-05-04 35,651 1,371 SL 39.000000000000 914 914    
    CARPET & DRAPES 2017-06-09 3,322 941 SL 5.000000000000 664 664    
    TENANT IMPROVEMENTS 2017-06-09 884 32 SL 39.000000000000 23 23    
    CARPET & DRAPES 2017-06-16 359 96 SL 5.000000000000 72 72    
    TENANT IMPROVEMENTS 2017-06-16 1,003 35 SL 39.000000000000 26 26    
    TENANT IMPROVEMENTS 2017-07-11 240 8 SL 39.000000000000 6 6    
    TENANT IMPROVEMENTS 2017-07-12 5,561 191 SL 39.000000000000 143 143    
    TENANT IMPROVEMENTS 2017-08-08 434 14 SL 39.000000000000 11 11    
    CARPET & DRAPES 2017-08-11 2,950 738 SL 5.000000000000 590 590    
    TENANT IMPROVEMENTS 2017-08-11 22,707 728 SL 39.000000000000 582 582    
    TENANT IMPROVEMENTS 2017-09-13 2,115 63 SL 39.000000000000 54 54    
    TENANT IMPROVEMENTS 2017-10-05 210 5 SL 39.000000000000 5 5    
    CARPET & DRAPES 2017-10-27 771 154 SL 5.000000000000 154 154    
    TENANT IMPROVEMENTS 2017-10-27 320 8 SL 39.000000000000 8 8    
    HVAC - RPL RTU #3 (CLIMATEC, LLC) 2017-06-27 13,947 477 SL 39.000000000000 358 358    
    HVAC - RPL RTU #105 (CLIMATEC, LLC) 2017-08-31 14,987 448 SL 39.000000000000 384 384    
    HARRISON ENERGY - NEW CHILLER 50% 2018-08-16 72,596 310 SL 39.000000000000 1,861 1,861    
    PLUMBING WAREHOUSE - WATER FOUNDATIONS 2018-09-26 12,383 26 SL 39.000000000000 318 318    
    ARKANSAS SHADE - BLINDS AND SUTTERS 2018-09-14 2,073 104 200DB 5.000000000000 788 415    
    TENANT IMPROVEMENTS 2017-12-22 3,808 81 SL 39.000000000000 98 98    
    TENANT IMPROVEMENTS 2018-09-14 4,140 18 SL 39.000000000000 106 106    
    TENANT IMPROVEMENTS 2018-08-31 818 3 SL 39.000000000000 21 21    
    TENANT IMPROVEMENTS 2018-09-14 4,500 19 SL 39.000000000000 115 115    
    TENANT IMPROVEMENTS 2018-09-26 7,894 17 SL 39.000000000000 202 202    
    TENANT IMPROVEMENTS 2018-07-10 2,551 22 SL 39.000000000000 65 65    
    TENANT IMPROVEMENTS 2018-07-10 25,387 217 SL 39.000000000000 651 651    
    TENANT IMPROVEMENTS 2018-08-31 1,198 5 SL 39.000000000000 31 31    
    TENANT IMPROVEMENTS 2018-05-18 1,200 13 SL 39.000000000000 31 31    
    TENANT IMPROVEMENTS 2018-04-10 901 13 SL 39.000000000000 23 23    
    TENANT IMPROVEMENTS 2018-04-17 3,480 45 SL 39.000000000000 89 89    
    TENANT IMPROVEMENTS 2018-05-04 26,495 340 SL 39.000000000000 679 679    
    TENANT IMPROVEMENTS 2018-02-12 1,167 22 SL 39.000000000000 30 30    
    TENANT IMPROVEMENTS 2018-03-10 3,630 62 SL 39.000000000000 93 93    
    TENANT IMPROVEMENTS 2018-04-10 1,910 29 SL 39.000000000000 49 49    
    TENANT IMPROVEMENTS 2018-05-04 12,413 159 SL 39.000000000000 318 318    
    TENANT IMPROVEMENTS 2018-05-18 5,076 54 SL 39.000000000000 130 130    
    BUILDING IMPROVEMENTS 2018-02-01 9,756 188 SL 39.000000000000 250 250    
    BUILDING IMPROVEMENTS 2018-05-01 47,448 608 SL 39.000000000000 1,217 1,217    
    BUILDING IMPROVEMENTS 2018-10-01 8,427 18 SL 39.000000000000 216 216    
    HARRISON ENERGY - BUILDING COMPONENTS 2019-02-20 79,146   SL 39.000000000000 1,353 1,353    
    INTREPID TECHNOLOGIES - NEW ACCESS SYSTEM 2019-07-30 23,053   SL 39.000000000000 148 148    
    BLIND AMBITION - BLINDS & SHUTTERS 2019-03-13 1,275   200DB 5.000000000000 255 170    
    BLIND AMBITION - BLINDS & SHUTTERS 2019-04-23 7,690   200DB 5.000000000000 1,538 769    
    BLIND AMBITION - BLINDS & SHUTTERS 2019-05-28 2,693   200DB 5.000000000000 539 224    
    BLIND AMBITION - BLINDS & SHUTTERS 2019-06-18 2,421   200DB 5.000000000000 484 161    
    TENANT IMPROVEMENTS 2019-10-27 2,617   SL 39.000000000000 0 0    
    TENANT IMPROVEMENTS 2019-07-30 7,814   SL 39.000000000000 50 50    
    TENANT IMPROVEMENTS 2019-09-13 10,353   SL 39.000000000000 44 44    
    TENANT IMPROVEMENTS 2019-09-19 2,349   SL 39.000000000000 5 5    
    TENANT IMPROVEMENTS 2019-09-13 6,941   SL 39.000000000000 30 30    
    TENANT IMPROVEMENTS 2019-09-30 997   SL 39.000000000000 2 2    
    TENANT IMPROVEMENTS 2019-02-20 500   SL 39.000000000000 9 9    
    TENANT IMPROVEMENTS 2019-04-01 7,228   SL 39.000000000000 108 108    
    TENANT IMPROVEMENTS 2019-04-22 21,412   SL 39.000000000000 275 275    
    TENANT IMPROVEMENTS 2019-04-23 19,075   SL 39.000000000000 245 245    
    TENANT IMPROVEMENTS 2019-04-29 5,629   SL 39.000000000000 72 72    
    TENANT IMPROVEMENTS 2019-05-15 6,166   SL 39.000000000000 79 79    
    TENANT IMPROVEMENTS 2019-05-28 19,603   SL 39.000000000000 209 209    
    TENANT IMPROVEMENTS 2019-06-26 3,088   SL 39.000000000000 26 26    
    TENANT IMPROVEMENTS 2019-01-30 5,178   SL 39.000000000000 100 100    
    TENANT IMPROVEMENTS 2019-02-20 40,500   SL 39.000000000000 692 692    
    TENANT IMPROVEMENTS 2019-03-13 11,294   SL 39.000000000000 193 193    
    TENANT IMPROVEMENTS 2019-04-01 11,001   SL 39.000000000000 165 165    
    TENANT IMPROVEMENTS 2019-04-22 30,214   SL 39.000000000000 387 387    
    TENANT IMPROVEMENTS 2019-04-23 11,380   SL 39.000000000000 146 146    
    TENANT IMPROVEMENTS 2019-04-29 2,695   SL 39.000000000000 35 35    
    TENANT IMPROVEMENTS 2019-05-15 14,420   SL 39.000000000000 185 185    
    TENANT IMPROVEMENTS 2019-05-28 53,405   SL 39.000000000000 571 571    
    TENANT IMPROVEMENTS 2019-06-26 5,178   SL 39.000000000000 44 44    
    TENANT IMPROVEMENTS 2019-10-17 4,700   SL 39.000000000000 0 0    
    TENANT IMPROVEMENTS 2019-10-29 3,775   SL 39.000000000000 0 0    
    TENANT IMPROVEMENTS 2019-07-27 871   SL 39.000000000000 6 6    
    TENANT IMPROVEMENTS 2019-07-30 11,144   SL 39.000000000000 71 71    
    TENANT IMPROVEMENTS 2019-08-20 7,220   SL 39.000000000000 31 31    
    TENANT IMPROVEMENTS 2019-02-20 21,340   SL 39.000000000000 365 365    
    TENANT IMPROVEMENTS 2019-03-13 18,073   SL 39.000000000000 309 309    
    TENANT IMPROVEMENTS 2019-04-01 10,274   SL 39.000000000000 154 154    
    TENANT IMPROVEMENTS 2019-04-22 4,219   SL 39.000000000000 54 54    
    TENANT IMPROVEMENTS 2019-05-13 787   SL 39.000000000000 10 10    
    TENANT IMPROVEMENTS 2019-05-15 818   SL 39.000000000000 10 10    
    TENANT IMPROVEMENTS 2019-05-28 2,112   SL 39.000000000000 23 23    
    TENANT IMPROVEMENTS 2019-08-26 2,044   SL 39.000000000000 9 9    
    TENANT IMPROVEMENTS 2019-09-10 839   SL 39.000000000000 4 4    
    TENANT IMPROVEMENTS 2019-09-13 2,764   SL 39.000000000000 12 12    
    TENANT IMPROVEMENTS 2019-09-19 6,642   SL 39.000000000000 14 14    
    TENANT IMPROVEMENTS 2019-10-01 4,639   SL 39.000000000000 10 10    
    TENANT IMPROVEMENTS 2019-10-29 1,042   SL 39.000000000000 0 0    
    TENANT IMPROVEMENTS 2019-07-17 1,325   SL 39.000000000000 8 8    
    TENANT IMPROVEMENTS 2019-07-30 8,175   SL 39.000000000000 52 52    
    TENANT IMPROVEMENTS 2019-09-10 837   SL 39.000000000000 4 4    
    TENANT IMPROVEMENTS 2019-09-13 23,614   SL 39.000000000000 101 101    
    BUILDING IMPROVEMENTS 2019-02-01 7,867   SL 39.000000000000 151 151    

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    TY 2018 GainLossSaleOtherAssetsSch
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    WRITEOFF OF INTANGIBLES 2017-10 PURCHASED 2019-10     509,962   0 -394,755 115,207
    LIQUIDATION OF BADGETT TERMINAL 2011-11 PURCHASED 2018-12   856,649 1,221,730   0 -365,081  
    BADGETT TERMINAL 1231 GAIN   PURCHASED     131,197     0 131,197  
    BADGETT TERMINAL CAPITAL GAIN   PURCHASED     624,214     0 624,214  
    BADGETT TERMINAL NET CAPITAL GAIN   PURCHASED     1,014     0 1,014  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HILLIARD LYONS - STOCKS AND MUTUAL FUNDS 7,359,826 7,359,826

    TY 2018 InvestmentsLandSchedule2
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    IMPROVEMENTS- NEW AUTO DOOR 14,216 4,182 10,034  
    LEASEHOLD IMPROVEMENTS 17,333 15,314 2,019  
    ELEVATOR- UPDATE CARS AND ELECTRONICS 60,619 18,454 42,165  
    PARKING LOT 71,640 57,312 14,328  
    BUILDING & COMPONENTS 237,601 63,712 173,889  
    CARPET & DRAPES 30,074 30,074 0  
    TENANT IMPROVEMENTS 24,111 20,498 3,613  
    BUILDING & COMPONENTS 17,636 4,501 13,135  
    PARKING DECK 24,500 20,012 4,488  
    TENANT IMPROVEMENTS 227,480 58,087 169,393  
    BUILDING & COMPONENTS 342,210 64,350 277,860  
    CARPET & DRAPES 5,594 5,594 0  
    FURNITURE & FIXTURES 160 157 3  
    TENANT IMPROVEMENTS 303,504 57,068 246,436  
    OFFICE BUILDING 9,750,000 3,750,000 6,000,000  
    ELEVATOR 352,833 121,004 231,829  
    CARPET 10,659 10,659 0  
    FURNITURE & FIXTURES 8,403 8,403 0  
    IMPROVEMENTS 94,392 32,368 62,024  
    CARPET & DRAPES 1,905 1,905 0  
    BUILDING & COMPONENTS 194,861 42,258 152,603  
    PARKING DECK 5,998 5,998 0  
    TENANT IMPROVEMENTS 45,287 9,820 35,467  
    TENANT IMPROVEMENTS 1,249,594 192,246 1,057,348  
    CARPET & DRAPES 1,093 1,093 0  
    TENANT IMPROVEMENTS 805,681 105,012 700,669  
    FURNITURE & FIXTURES 5,940 4,968 972  
    FURNITURE & FIXTURES 4,796 4,011 785  
    FURNITURE & FIXTURES 553 462 91  
    BUILDING & COMPONENTS 4,578 688 3,890  
    CARPETS & DRAPES 1,973 1,973 0  
    CARPET & DRAPES 4,025 4,025 0  
    BUILDING & COMPONENTS 22,461 3,240 19,221  
    ELEVATOR 34,282 4,944 29,338  
    BUILDING & COMPONENTS 28,009 3,979 24,030  
    BUILDING & COMPONENTS 4,230 590 3,640  
    CARPET & DRAPES 4,894 4,894 0  
    CARPET & DRAPES 4,061 4,061 0  
    BUILDING & COMPONENTS 3,010 395 2,615  
    CARPET & DRAPES 10,393 10,393 0  
    BUILDING & COMPONENTS 6,294 799 5,495  
    CARPET & DRAPES 1,635 1,541 94  
    TENANT IMPROVEMENTS 52,520 6,735 45,785  
    BUILDING & COMPONENTS 6,131 766 5,365  
    CARPET & DRAPES 5,231 4,930 301  
    FURNITURE & FIXTURES 9,980 7,754 2,226  
    TENANT IMPROVEMENTS 106,698 13,224 93,474  
    TENANT IMPROVEMENTS 52,010 6,336 45,674  
    BASEMENT FURNITURE & PAINTING 7,681 5,967 1,714  
    LIGHT FIXTURES - SUITE 450 4,632 3,598 1,034  
    FURNITURE & FIXTURES 1,363 1,059 304  
    TENANT IMPROVEMENTS 35,647 4,265 31,382  
    CARPET & DRAPES 3,611 3,403 208  
    TENANT IMPROVEMENTS 34,767 4,084 30,683  
    FURNITURE & FIXTURES 9,264 7,197 2,067  
    TENANT IMPROVEMENTS 10,687 1,233 9,454  
    TENANT IMPROVEMENTS 8,738 989 7,749  
    FURNITURE & FIXTURES 2,402 1,866 536  
    TENANT IMPROVEMENTS 32,973 3,662 29,311  
    FURNITURE & FIXTURES 1,252 973 279  
    TENANT IMPROVEMENTS 11,818 1,313 10,505  
    CARPETS & DRAPES 1,927 1,816 111  
    TENANT IMPROVEMENTS 6,513 682 5,831  
    TENANT IMPROVEMENTS 20,462 1,925 18,537  
    BUILDING & COMPONENTS 4,360 406 3,954  
    CARPETS & DRAPES 1,191 1,005 186  
    TENANT IMPROVEMENTS 7,906 727 7,179  
    TENANT IMPROVEMENTS 26,052 2,394 23,658  
    TENANT IMPROVEMENTS 7,800 759 7,041  
    CARPETS & DRAPES 2,110 1,722 388  
    CARPETS & DRAPES 1,929 1,575 354  
    TENANT IMPROVEMENTS 9,667 868 8,799  
    TENANT IMPROVEMENTS 1,875 164 1,711  
    TENANT IMPROVEMENTS 19,866 1,739 18,127  
    TENANT IMPROVEMENTS 3,265 280 2,985  
    TENANT IMPROVEMENTS 2,610 218 2,392  
    CARPETS & DRAPES 1,131 899 232  
    TENANT IMPROVEMENTS 10,381 842 9,539  
    TENANT IMPROVEMENTS 3,578 291 3,287  
    CARPETS & DRAPES 3,873 3,079 794  
    FURNITURE & FIXTURES 3,682 2,388 1,294  
    TENANT IMPROVEMENTS 6,375 503 5,872  
    TENANT IMPROVEMENTS 476 36 440  
    TENANT IMPROVEMENTS 35,878 2,760 33,118  
    TENANT IMPROVEMENTS 656 51 605  
    BUILDING & COMPONENTS 28,979 2,105 26,874  
    TENANT IMPROVEMENTS 9,385 683 8,702  
    CARPET & DRAPES 2,128 1,207 921  
    TENANT IMPROVEMENTS 9,150 626 8,524  
    FURNITURE & FIXTURES 2,671 987 1,684  
    TENANT IMPROVEMENTS 2,573 170 2,403  
    CARPET & DRAPES 2,262 1,168 1,094  
    TENANT IMPROVEMENTS 43,526 2,883 40,643  
    BUILDING & COMPONENTS 1,039 67 972  
    TENANT IMPROVEMENTS 5,040 323 4,717  
    BUILDING & COMPONENTS 2,425 155 2,270  
    TENANT IMPROVEMENTS 35,651 2,285 33,366  
    CARPET & DRAPES 3,322 1,605 1,717  
    TENANT IMPROVEMENTS 884 55 829  
    CARPET & DRAPES 359 168 191  
    TENANT IMPROVEMENTS 1,003 61 942  
    TENANT IMPROVEMENTS 240 14 226  
    TENANT IMPROVEMENTS 5,561 334 5,227  
    TENANT IMPROVEMENTS 434 25 409  
    CARPET & DRAPES 2,950 1,328 1,622  
    TENANT IMPROVEMENTS 22,707 1,310 21,397  
    TENANT IMPROVEMENTS 2,115 117 1,998  
    TENANT IMPROVEMENTS 210 10 200  
    CARPET & DRAPES 771 308 463  
    TENANT IMPROVEMENTS 320 16 304  
    HARRISON ENERGY - NEW CHILLER 50% 72,596 2,171 70,425  
    PLUMBING WAREHOUSE - WATER FOUNDATIONS 12,383 344 12,039  
    ARKANSAS SHADE - BLINDS AND SUTTERS 2,073 892 1,181  
    TENANT IMPROVEMENTS 3,808 179 3,629  
    TENANT IMPROVEMENTS 4,140 124 4,016  
    TENANT IMPROVEMENTS 818 24 794  
    TENANT IMPROVEMENTS 4,500 134 4,366  
    TENANT IMPROVEMENTS 7,894 219 7,675  
    TENANT IMPROVEMENTS 2,551 87 2,464  
    TENANT IMPROVEMENTS 25,387 868 24,519  
    TENANT IMPROVEMENTS 1,198 36 1,162  
    TENANT IMPROVEMENTS 1,200 44 1,156  
    TENANT IMPROVEMENTS 901 36 865  
    TENANT IMPROVEMENTS 3,480 134 3,346  
    TENANT IMPROVEMENTS 26,495 1,019 25,476  
    TENANT IMPROVEMENTS 1,167 52 1,115  
    TENANT IMPROVEMENTS 3,630 155 3,475  
    TENANT IMPROVEMENTS 1,910 78 1,832  
    TENANT IMPROVEMENTS 12,413 477 11,936  
    TENANT IMPROVEMENTS 5,076 184 4,892  
    HARRISON ENERGY - BUILDING COMPONENTS 79,146 1,353 77,793  
    INTREPID TECHNOLOGIES - NEW ACCESS SYSTEM 23,053 148 22,905  
    BLIND AMBITION - BLINDS & SHUTTERS 1,275 255 1,020  
    BLIND AMBITION - BLINDS & SHUTTERS 7,690 1,538 6,152  
    BLIND AMBITION - BLINDS & SHUTTERS 2,693 539 2,154  
    BLIND AMBITION - BLINDS & SHUTTERS 2,421 484 1,937  
    TENANT IMPROVEMENTS 2,617 0 2,617  
    TENANT IMPROVEMENTS 7,814 50 7,764  
    TENANT IMPROVEMENTS 10,353 44 10,309  
    TENANT IMPROVEMENTS 2,349 5 2,344  
    TENANT IMPROVEMENTS 6,941 30 6,911  
    TENANT IMPROVEMENTS 997 2 995  
    TENANT IMPROVEMENTS 500 9 491  
    TENANT IMPROVEMENTS 7,228 108 7,120  
    TENANT IMPROVEMENTS 21,412 275 21,137  
    TENANT IMPROVEMENTS 19,075 245 18,830  
    TENANT IMPROVEMENTS 5,629 72 5,557  
    TENANT IMPROVEMENTS 6,166 79 6,087  
    TENANT IMPROVEMENTS 19,603 209 19,394  
    TENANT IMPROVEMENTS 3,088 26 3,062  
    TENANT IMPROVEMENTS 5,178 100 5,078  
    TENANT IMPROVEMENTS 40,500 692 39,808  
    TENANT IMPROVEMENTS 11,294 193 11,101  
    TENANT IMPROVEMENTS 11,001 165 10,836  
    TENANT IMPROVEMENTS 30,214 387 29,827  
    TENANT IMPROVEMENTS 11,380 146 11,234  
    TENANT IMPROVEMENTS 2,695 35 2,660  
    TENANT IMPROVEMENTS 14,420 185 14,235  
    TENANT IMPROVEMENTS 53,405 571 52,834  
    TENANT IMPROVEMENTS 5,178 44 5,134  
    TENANT IMPROVEMENTS 4,700 0 4,700  
    TENANT IMPROVEMENTS 3,775 0 3,775  
    TENANT IMPROVEMENTS 871 6 865  
    TENANT IMPROVEMENTS 11,144 71 11,073  
    TENANT IMPROVEMENTS 7,220 31 7,189  
    TENANT IMPROVEMENTS 21,340 365 20,975  
    TENANT IMPROVEMENTS 18,073 309 17,764  
    TENANT IMPROVEMENTS 10,274 154 10,120  
    TENANT IMPROVEMENTS 4,219 54 4,165  
    TENANT IMPROVEMENTS 787 10 777  
    TENANT IMPROVEMENTS 818 10 808  
    TENANT IMPROVEMENTS 2,112 23 2,089  
    TENANT IMPROVEMENTS 2,044 9 2,035  
    TENANT IMPROVEMENTS 839 4 835  
    TENANT IMPROVEMENTS 2,764 12 2,752  
    TENANT IMPROVEMENTS 6,642 14 6,628  
    TENANT IMPROVEMENTS 4,639 10 4,629  
    TENANT IMPROVEMENTS 1,042 0 1,042  
    TENANT IMPROVEMENTS 1,325 8 1,317  
    TENANT IMPROVEMENTS 8,175 52 8,123  
    TENANT IMPROVEMENTS 837 4 833  
    TENANT IMPROVEMENTS 23,614 101 23,513  

    TY 2018 InvestmentsOtherSchedule2
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ROLEX WATCH & SILVER COINS AT COST 66,500 66,500

    TY 2018 LegalFeesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 4,922 4,922   0


    TY 2018 OtherAssetsSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTANGIBLES 468,458 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 3,259 0   0
    REPAIR & MAINTENANCE- RENTAL PROPERTY 51,637 25,380   0
    CLEANING EXPENSE- RENTAL PROPERTY 103,993 51,113   0
    LANDSCAPING- RENTAL PROPERTY 19,675 9,670   0
    UTILITIES- RENTAL PROPERTY 133,608 65,668   0
    MANAGEMENT FEE- RENTAL PROPERTY 65,259 32,075   0
    ADMINISTRATIVE EXPENSES - RENTAL PROPERTY 4,328 2,127   0
    ADVERTISING - RENTAL PROPERTY 625 307   0
    INSURANCE EXPENSE - RENTAL PROPERTY 122 60   0
    REPAIRS & MAINTENANCE - PLAZA WEST RENTAL 169,475 169,475   0
    CLEANING EXPENSE - PLAZA WEST RENTAL 224,109 224,109   0
    LANDSCAPING - PLAZA WEST RENTAL 38,404 38,404   0
    UTILITIES - PLAZA WEST RENTAL 236,353 236,353   0
    INSURANCE EXPENSE - PLAZA WEST RENTAL 35,555 35,555   0
    MISCELLANEOUS EXPENSE - PLAZA WEST RENTAL 13,706 13,706   0
    COMMON AREA EXPENSE - PLAZA WEST RENTAL 85,232 85,232   0
    INSPECTIONS - PLAZA WEST RENTAL 1,146 1,146   0
    LEASING EXPENSE - PLAZA WEST RENTAL 64,203 64,203   0
    MUSIC - PLAZA WEST RENTAL 2,944 2,944   0
    OFFICE EXPENSE - PLAZA WEST RENTAL 16,062 16,062   0
    SECURITY - PLAZA WEST RENTAL 118,617 118,617   0
    SUPPLIES - PLAZA WEST RENTAL 14,472 14,472   0
    AUTO EXPENSE - PLAZA WEST RENTAL 1,654 1,654   0
    WATERPROOFING 22,213 22,213   0
    AMORTIZATION 73,703 36,225   0


    TY 2018 OtherIncomeSchedule2
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BADGETT TERMINAL ORDINARY INCOME 4,189 0 4,189
    BADGETT TERMINAL NET GAIN FROM REAL EST RENTAL 389 0 389
    MISC INVESTMENT INCOME 4,161 4,161 4,161
    BADGETT TERMINAL INTEREST AND DIVIDENDS 1,694 0 1,694


    TY 2018 OtherIncreasesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description Amount
    UNREALIZED G/L - HILLARD LYONS 472,979


    TY 2018 OtherLiabilitiesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED GAIN ON SALE OF 1901 CAMPUS PLACE 0 3,743,602


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES - PLAZA WEST RENTAL 53,658 53,658   0


    TY 2018 TaxesSchedule
    Name:
    J ROGERS BADGETT SR FOUNDATION INC
    EIN:
    31-1755149
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATED PAYMENTS 184,215 0   0
    PROPERTY TAX- RENTAL PROPERTY 274,151 134,745   0
    PROPERTY TAX - PLAZA WEST RENTAL 118,875 118,875   0
    EXCISE TAX - PLAZA WEST RENTAL 2,285 2,285   0